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Income Taxes
6 Months Ended
Jun. 30, 2020
Income Tax Disclosure [Abstract]  
Income Taxes

Note 10 – Income Taxes

The effective tax rate was 17.3% and 18.5% for the three-month periods ended June 30, 2020 and 2019, respectively, and 17.8% and 18.0% for the six-month periods ended June 30, 2020 and 2019, respectively. The 2020 and 2019 effective tax rates for the three and six-month periods differ from the statutory rate of 21% primarily due to the tax-exempt interest received from municipal bonds.