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Note 5 - Taxes on Income
3 Months Ended
Mar. 31, 2014
Income Tax Disclosure [Abstract]  
Income Tax Disclosure [Text Block]

Note 5: Taxes on Income


The effective tax rate was 40.1% in the first quarter of 2014 compared to 37.4% in the same quarter of 2013.  The increase was due primarily to merger-related expenses recorded in the first quarter of 2014, a portion of which will not be deductible for tax purposes.  The tax expense in both years was largely non-cash due to the Company’s significant net operating loss carryover for tax purposes.  Current tax expense was approximately $0.1 million and $0.2 million for the three months ended March 31, 2014, and 2013, respectively, and was attributable to state income taxes.