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FEDERAL INCOME TAX (Net Deferred Tax Assets and Liabilities) (Details) - USD ($)
$ in Thousands
Dec. 31, 2019
Dec. 31, 2018
Deferred tax liabilities    
Deferred policy acquisition costs $ 19,801 $ 19,487
Investments in partnerships 2,156 2,510
Prepaid pension cost 4,441 4,158
Net bond discount accretion 357 296
Depreciation 1,908 1,063
Revaluation of investment basis 377 419
Identifiable intangible assets 1,540 1,689
Other 1,416 1,639
Gross deferred tax liability 93,216 67,213
Deferred tax assets    
Financial statement reserves in excess of income tax reserves 20,845 19,800
Unearned premium adjustment 20,816 20,406
Net operating loss carryforwards 1,708 0
Underfunded benefit plan obligation 9,072 5,622
Post-retirement benefits other than pensions 10,785 12,035
Other-than-temporary impairment of investments 2,094 2,094
Contingent ceding commission accrual 0 14
Compensation expense related to stock options 2,394 3,506
Other 4,916 4,648
Deferred tax asset 72,630 68,125
Net deferred tax liability (asset) 20,586  
Net deferred tax liability (asset)   (912)
Equity securities    
Deferred tax liabilities    
Net unrealized appreciation on investment securities 48,652 38,430
All other securities    
Deferred tax liabilities    
Net unrealized appreciation on investment securities $ 12,568 $ (2,478)