INCOME TAXES	9 Months Ended
Sep. 30, 2015
INCOME TAXES
INCOME TAXES	NOTE 10 — INCOME TAXES In accordance with ASC 740-270-50-1, Accounting for Interim Reporting, the provision for income taxes was recorded at September 30, 2015 and 2014 based on the current estimate of the effective annual rate. The effective tax rate for the third quarter of 2015 was 24.1% versus 22.9% for the same period 2014. For the first nine months of 2015 and 2014, the effective tax rate was 22.0% and 20.7% respectively. The increase was due to the increase in pre-tax income in the third quarter and first nine months of 2015 while tax exempt income remained relatively flat.

INCOME TAXES

9 Months Ended

Sep. 30, 2015

NOTE 10 — INCOME TAXES

In accordance with ASC 740-270-50-1, Accounting for Interim Reporting, the provision for income taxes was recorded at September 30, 2015 and 2014 based on the current estimate of the effective annual rate. The effective tax rate for the third quarter of 2015 was 24.1% versus 22.9% for the same period 2014. For the first nine months of 2015 and 2014, the effective tax rate was 22.0% and 20.7% respectively. The increase was due to the increase in pre-tax income in the third quarter and first nine months of 2015 while tax exempt income remained relatively flat.