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Note 14: Income Taxes: Schedule of Effective Income Tax Rate Reconciliation (Tables)
6 Months Ended
Jun. 30, 2020
Tables/Schedules  
Schedule of Effective Income Tax Rate Reconciliation

 

 

Three Months Ended June 30,

 

 

2020

 

 

2019

 

 

 

Tax at statutory rate

 21.0%

 

 

21.0%

 

Nontaxable interest and dividends

(0.5)

 

 

(0.5)

 

Tax credits

(4.3)

 

 

(4.2)

 

State taxes

1.5 

 

 

1.2 

 

Other

1.6 

 

 

(0.7)

 

19.3%

 

 

16.8%

 

 

 

Six Months Ended June 30,

 

 

2020

 

 

2019

 

 

 

Tax at statutory rate

 21.0%

 

 

21.0%

 

Nontaxable interest and dividends

(0.5)

 

 

(0.5)

 

Tax credits

(3.9)

 

 

(4.4)

 

State taxes

(0.2)

 

 

1.3 

 

Other

1.0 

 

 

0.3 

 

17.4%

 

 

17.7%