13. INCOME TAXES: Schedule of Income Tax Rate Reconciliation (Tables)

12 Months Ended

Dec. 31, 2019

Tables/Schedules

Schedule of Income Tax Rate Reconciliation

	2019	2018	2017
Statutory Federal income tax rate	21.0 %	21.0 %	34.0 %
Tax Reform Act Impact	-	-	(13.0)
Tax effect of S corporation status	6.7	(.4)	2.9
Tax exempt income	(6.4)	(5.1)	(9.8)
Miscellaneous	.8	.1	.7
Effective Tax Rate	22.1 %	15.6 %	14.8 %