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Income Taxes
6 Months Ended
Jun. 30, 2026
Income Tax Disclosure [Abstract]  
Income Taxes

Note 11. Income Taxes

 

Income tax expense was $1.6 million for the three months ended June 30, 2026, an increase of $139 thousand compared to $1.5 million for three months ended June 30, 2025. Income tax expense was $1.8 million for the six months ended June 30, 2026, a decrease of $946 thousand compared to $2.7 million for the six months ended June 30, 2025. The effective tax rate for the three and six months ended June 30, 2026 was 22.9% and 20.5%, respectively, compared to 23.6% and 22.6% for the three and six months ended June 30, 2025. Income tax expense and the effective tax rate for the six months ended June 30, 2026 were impacted by certain discrete items related to stock option exercises executed during the first quarter of 2026 totaling $800 thousand, or $192 thousand tax-effected.