Note 13. Income Tax Rate: The effective income tax rate for the three years ended December 31 is as follows:
| | 2010 | 2011 | 2012 | | |
|
|
| | Statutory U.S. income tax rate | 35.0% | 35.0% | 35.0% | | State income taxes, net of federal benefit | 4.7% | 4.4% | 4.7% | | Dividend income exclusion | (1.6%) | (1.5%) | (1.5%) | | Other | (2.3%) | (2.5%) | 0.3% | | |
|
|
| | Effective tax rate | 35.8% | 35.4% | 38.5% | | |
|
|
| |