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INCOME TAXES
6 Months Ended
Jun. 30, 2026
INCOME TAXES  
INCOME TAXES

NOTE 11 — INCOME TAXES

The Company recognized $86,335 of tax expense on pre-tax income of $381,236, resulting in an effective income tax rate of 22.6% for the six months ended June 30, 2026. The effective income tax rate was 22.2% for the six months ended June 30, 2025. The effective tax rate was higher for the six months ended June 30, 2026, as compared with the same period in 2025, primarily due to the mix of earnings and timing of discrete tax items.