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Note 7 - Income Taxes - Difference Between Statutory and Effective Tax Rates (Details)
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
U.S. federal statutory income tax rate 21.00% 21.00%
State income taxes, net of federal benefit 3.30% 3.30%
Excess tax benefit from stock-based compensation arrangements 0.30% (1.10%)
Change in cash surrender value of life insurance (1.00%) (0.70%)
Adoption of ASU 2023-02 (1.30%) 0.00%
Tax credits 0.60% 0.40%
Tax exempt interest income (0.50%) (0.50%)
Insurance captive 0.00% (0.30%)
Other, net (0.90%) (0.20%)
Effective tax rate 21.50% 21.90%