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Income Taxes
 9 Months Ended
Sep. 30, 2022
Income Tax Disclosure [Abstract]  
Income Taxes
13.INCOME TAXES
The Company and its subsidiaries are based in the U.S. and file federal and various state income tax returns. The components of the provision for income taxes were as follows:
Three Months Ended September 30,Nine Months Ended September 30,
2022202120222021
Current tax expense$2,092 $1,216 $4,452 $2,862 
Deferred tax expense10,470 6,120 24,975 17,413 
Income tax expense$12,562 $7,336 $29,427 $20,275 
Cash paid for income taxes$1,345 $485 $4,143 $2,167 
The effective income tax rate for the three and nine months ended September 30, 2022 was 29.4% and 27.9%, respectively. The rates varied from the statutory rate primarily as a result of state income taxes, nondeductible compensation and other permanent differences. The rate for nine months ended September 30, 2022 was additionally benefited by non-taxed PPP loan forgiveness in the first quarter of 2022.
Due to net operating loss carryforwards, the Company expects no cash payments for federal income taxes for 2022. The Company makes cash payments for state income taxes in states in which the Company does not have net operating loss carry forwards.
At December 31, 2021 the Company had federal and state net operating loss (“NOL”) carryforwards of $33,780 and $32,064, respectively, which expire at various dates in the next 17 years for U.S. federal income tax and in the next 6 to 16 years for the various state jurisdictions where we operate. Such NOL carryforwards expire beginning in 2028 through 2039. The Company expects to utilize the balance of its federal NOL carryforwards in 2022.
As a result of the Company’s analysis, management has determined that the Company does not have any material uncertain tax positions.