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Income Taxes
9 Months Ended
Sep. 30, 2022
Income Taxes  
Income Taxes

Note 15—Income Taxes

The Company’s effective income tax rates were 27.1% and 26.6% for the quarters ended September 30, 2022 and 2021, respectively, and 26.7% and 26.2% for the nine months ended September 30, 2022 and 2021, respectively. The increases in the effective income tax rates for the quarter and nine month ended September 30, 2022, as compared to the same periods in 2021, were primarily attributable to an increase in nondeductible compensation.