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Income Taxes
 9 Months Ended
Sep. 30, 2021
Income Taxes [Abstract]  
Income Taxes
Note 8.
Income Taxes



A reconciliation of the differences between income taxes computed at the federal statutory income tax rate and income tax expense (benefit) is as follows:
   
Three Months Ended
September 30,
    
Nine Months Ended
September 30,
  
   
2021
    
2020
    
2021
    
2020
  
Federal income tax provision at statutory rate of 21%
  
$
(271
)
  
$
511
    
$
402
    
$
102
  
Dividends-received deduction
    
(7
)
    
(3
)
    
(21
)
    
(9
)
Meals & entertainment
    
8
      
3
      
22
      
16
  
Vested stock & club dues
    
(27
)
    
24
      
(32
)
    
27
  
Parking disallowance
    
4
      
4
      
12
      
12
  
Adjustment for prior years' estimates to actual
     (85 )     18
       (85 )     18
  
Income tax expense (benefit)
  
$
(378
)
  
$
557
    
$
298
    
$
166
  



The components of income tax expense (benefit) were:
   
Three Months Ended
September 30,
    
Nine Months Ended
September 30,
  
   
2021
    
2020
    
2021
    
2020
  
Current – Federal
  
$
(746
)
  
$
705
    
$
323
    
$
3,007
  
Deferred – Federal
    
368
      
(148
)
    
(25
)
    
(2,841
)
Total
  
$
(378
)
  
$
557
    
$
298
    
$
166
  



In addition, the Company determined there were no significant tax implications as a result of the CARES Act.