v3.26.1
Note 13 - Income Taxes
6 Months Ended
Jun. 30, 2026
Notes to Financial Statements  
Income Tax Disclosure [Text Block]

13. Income Taxes

 

The effective tax rate for the first six months of 2026 was 21.7% compared to 19.7% for the first six months of 2025. The effective tax rate for the first six months of 2026 and 2025 includes the impact of low-income housing tax credits. 

 

The Company’s tax returns are open for audit by the Internal Revenue Service back to 2023 and by the California Franchise Tax Board and other states where the Company files state tax returns back to 2022.  

 

It is reasonably possible that unrecognized tax benefits could change significantly over the next twelve months. The Company does not expect that any such changes will have a material impact on its annual effective tax rate.