XML 26 R18.htm IDEA: XBRL DOCUMENT

Note 11: Income Taxes

3 Months Ended

Sep. 30, 2013

NOTE 11: INCOME TAXES

Reconciliations of the Company’s effective tax rates to the statutory corporate tax rates were as follows:

	Three Months Ended September 30,
	2013	2012
(In Thousands)
Tax at statutory rate	35.0%	35.0%
Nontaxable interest and dividends	(4.3)	(5.2
Tax credits	(20.8)	(18.4)
State taxes	3.0	0.8
Other	(1.4)	(2.3)

	11.5%	9.9%

	Nine Months Ended September 30,
	2013	2012
(In Thousands)
Tax at statutory rate	35.0%	35.0%
Nontaxable interest and dividends	(4.3)	(3.1)
Tax credits	(19.1)	(9.3)
State taxes	2.1	0.4
Other	(0.2)	0.1

	13.5%	22.9%

- Definition

The entire disclosure for income taxes. Disclosures may include net deferred tax liability or asset recognized in an enterprise's statement of financial position, net change during the year in the total valuation allowance, approximate tax effect of each type of temporary difference and carryforward that gives rise to a significant portion of deferred tax liabilities and deferred tax assets, utilization of a tax carryback, and tax uncertainties information.

+ References+ Details