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INCOME TAXES
6 Months Ended
Jun. 30, 2023
INCOME TAXES  
INCOME TAXES

13. INCOME TAXES

The provision for income tax expense for the three months ended June 30, 2023 and 2022 was $3,070 and $3,816, respectively and $6,505 and $7,375 for the six months ended June 30, 2023 and 2022, respectively. The effective tax rate for the three and six months ended June 30, 2023 was 17.0% and 17.2%, respectively. These rate differ from the federal statutory rate of 21% primarily due to a federal tax credit for energy efficient construction, partially offset by state income taxes. The effective tax rate for the three and six months ended June 30, 2022 was 18.1% and differs from the federal statutory rate of 21% primarily due to a federal tax credit for energy efficient construction, partially offset by state income taxes.