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Note 8 - Income Taxes - Difference Between Statutory and Effective Tax Rates (Details)
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
U.S. federal statutory income tax rate 21.00% 21.00%
State income taxes, net of federal benefit 3.30% 3.20%
Excess tax benefit from stock-based compensation arrangements (5.90%) (3.00%)
Change in cash surrender value of life insurance 1.80% (0.40%)
Tax credits (1.70%) (0.50%)
Tax exempt interest income (1.60%) (0.10%)
Non-deductible merger expenses 1.10% 0.00%
Insurance captive (0.90%) 0.00%
Other, net (1.70%) (0.80%)
Effective tax rate 15.40% 19.40%