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Note 14: Income Taxes: Schedule of Effective Income Tax Rate Reconciliation (Tables)
12 Months Ended
Dec. 31, 2017
Tables/Schedules  
Schedule of Effective Income Tax Rate Reconciliation

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

 

 

2017

 

2016

 

2015

 

 

 

 

 

 

Tax at statutory rate

            35.0%

 

            35.0%

 

            35.0%

Nontaxable interest and

 

 

 

 

 

dividends

             (1.6)

 

             (2.1)

 

             (2.4)

Tax credits

             (6.1)

 

             (7.3)

 

             (8.1)

State taxes

              1.1

 

              1.1

 

              1.4

Initial impact of enactment of 2017 Tax Act

             (0.4)

 

              --

 

              --

Other

            (1.3)

 

               --

 

            (0.8)

 

 

 

 

 

 

 

           26.7%

 

           26.7%

 

           25.1%