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Note 11. Income Taxes: Schedule of Effective Income Tax Rate Reconciliation (Tables)
12 Months Ended
Dec. 31, 2015
Tables/Schedules  
Schedule of Effective Income Tax Rate Reconciliation

 

 

 

2015

 

 

2014

 

 

2013

 

 

 

 

 

 

 

 

 

Tax computed at the statutory rate

$

  16,866 

 

$

    8,159 

 

$

   8,279 

Dividends received deduction and tax

 

 

 

 

 

 

 

 

   exempt interest

 

     (796)

 

 

  (1,384)

 

 

     (849)

State and local income taxes, net of Federal effect

 

       735 

 

 

       685 

 

 

      710 

Health insurance excise tax

 

       526 

 

 

       696 

 

 

           - 

Health insurer compensation limit

 

       516 

 

 

       661 

 

 

           - 

AMIC valuation allowance adjustment

 

            - 

 

 

  (2,500)

 

 

           - 

Other, net

 

     (181)

 

 

         74 

 

 

      258 

 

 

 

 

 

 

 

 

 

Income tax expense

$

  17,666 

 

$

    6,391 

 

$

   8,398