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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2017
Dec. 31, 2016
Fixed maturities    
Held-to-maturity, at amortized cost (fair value $192 in 2017 and $199 in 2016) $ 192 $ 198
Available-for-sale, at fair value (amortized cost $2,912,326 in 2017 and $2,887,505 in 2016) 2,955,079 2,898,126
Trading securities, at fair value (amortized cost $13,945 in 2017 and $13,054 in 2016) 15,828 14,390
Equity securities    
Available-for-sale, at fair value (cost $62,533 in 2017 and $68,504 in 2016) 276,306 270,416
Trading securities, at fair value (cost $6,046 in 2017 and $5,434 in 2016) 6,612 5,644
Mortgage loans 3,573 3,706
Policy loans 5,499 5,366
Other long-term investments 65,664 67,639
Short-term investments 175 175
Total investments 3,328,928 3,265,660
Cash and cash equivalents 130,421 110,853
Accrued investment income 25,530 25,056
Premiums receivable (net of allowance for doubtful accounts of $1,178 in 2017 and $1,255 in 2016) 361,866 306,202
Deferred policy acquisition costs 167,512 164,112
Property and equipment (primarily land and buildings, at cost, less accumulated depreciation of $51,144 in 2017 and $50,925 in 2016) 57,726 55,524
Reinsurance receivables and recoverables 73,967 69,413
Prepaid reinsurance premiums 3,966 3,782
Income taxes receivable 8,288 15,061
Goodwill and intangible assets 24,355 24,740
Other assets 14,853 14,355
TOTAL ASSETS 4,197,412 4,054,758
Future policy benefits and losses, claims and loss settlement expenses    
Property and casualty insurance 1,180,478 1,123,896
Life insurance 1,329,855 1,350,503
Unearned premiums 502,415 443,873
Accrued expenses and other liabilities 173,610 159,014
Deferred income taxes 48,466 35,588
TOTAL LIABILITIES 3,234,824 3,112,874
Stockholders’ Equity    
Common stock, $0.001 par value; authorized 75,000,000 shares; 25,028,037 and 25,429,769 shares issued and outstanding in 2017 and 2016, respectively 25 25
Additional paid-in capital 199,759 216,482
Retained earnings 625,836 616,322
Accumulated other comprehensive income, net of tax 136,968 109,055
TOTAL STOCKHOLDERS’ EQUITY 962,588 941,884
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 4,197,412 $ 4,054,758