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Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2017
Dec. 31, 2016
Fixed maturities    
Held-to-maturity, at amortized cost (fair value $196 in 2017 and $199 in 2016) $ 195 $ 198
Available-for-sale, at fair value (amortized cost $2,914,524 in 2017 and $2,887,505 in 2016) 2,932,188 2,898,126
Trading securities, at fair value (amortized cost $13,264 in 2017 and $13,054 in 2016) 14,971 14,390
Equity securities    
Available-for-sale, at fair value (cost $67,977 in 2017 and $68,504 in 2016) 275,684 270,416
Trading securities, at fair value (cost $5,861 in 2017 and $5,434 in 2016) 6,183 5,644
Mortgage loans 3,640 3,706
Policy loans 5,396 5,366
Other long-term investments 67,024 67,639
Short-term investments 175 175
Total investments 3,305,456 3,265,660
Cash and cash equivalents 93,656 110,853
Accrued investment income 28,134 25,056
Premiums receivable (net of allowance for doubtful accounts of $1,056 in 2017 and $1,255 in 2016) 324,428 306,202
Deferred policy acquisition costs 165,073 164,112
Property and equipment (primarily land and buildings, at cost, less accumulated depreciation of $50,222 in 2017 and $50,925 in 2016) 56,231 55,524
Reinsurance receivables and recoverables 70,057 69,413
Prepaid reinsurance premiums 3,841 3,782
Income taxes receivable 10,430 15,061
Goodwill and intangible assets 24,547 24,740
Other assets 15,132 14,355
TOTAL ASSETS 4,096,985 4,054,758
Future policy benefits and losses, claims and loss settlement expenses    
Property and casualty insurance 1,140,719 1,123,896
Life insurance 1,342,966 1,350,503
Unearned premiums 467,105 443,873
Accrued expenses and other liabilities 145,190 159,014
Deferred income taxes 40,620 35,588
TOTAL LIABILITIES 3,136,600 3,112,874
Stockholders’ Equity    
Common stock, $0.001 par value; authorized 75,000,000 shares; 25,341,552 and 25,429,769 shares issued and outstanding in 2017 and 2016, respectively 25 25
Additional paid-in capital 213,021 216,482
Retained earnings 629,891 616,322
Accumulated other comprehensive income, net of tax 117,448 109,055
TOTAL STOCKHOLDERS’ EQUITY 960,385 941,884
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 4,096,985 $ 4,054,758