XML 119 R102.htm IDEA: XBRL DOCUMENT v3.22.4
Note 10 - Income Taxes - Difference Between Statutory and Effective Tax Rates (Details)
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
U.S. federal statutory income tax rate 21.00% 21.00% 21.00%
State income taxes, net of federal benefit 3.50% 3.50% 0.80%
Excess tax benefits from stock-based compensation arrangements (1.00%) (1.10%) (0.70%)
Change in cash surrender value of life insurance 0.20% (0.80%) (0.80%)
Tax credits (0.20%) (0.30%) (5.50%)
Kentucky state income tax enactments 0.00% 0.00% (2.20%)
Tax exempt interest income (0.60%) (0.40%) (0.30%)
Non-deductible merger expenses 0.10% 0.40% 0.00%
Insurance captive (0.30%) (0.20%) 0.00%
Amortization of investment in tax credit partnerships 0.10% 0.10% 1.00%
Other, net (0.20%) (0.40%) (0.20%)
Effective tax rate 22.60% 21.80% 13.10%