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Fair Value Measurements (Tables)
6 Months Ended
Jun. 30, 2015
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]  
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block]
The following tables set forth our assets and liabilities that are measured at fair value on a recurring basis as of the dates indicated.
 
June 30, 2015
Available-for-sale investments
Level 1
 
Level 2
 
Level 3
 
Total
Fair Value
 
(In thousands)
Financial assets:
 
 
 
 
 
 
 
Fixed maturities:
 
 
 
 
 
 
 
U.S. Treasury and U.S. Government-sponsored enterprises
$
12,720

 
38,050

 

 
50,770

States and political subdivisions

 
452,413

 

 
452,413

Corporate

 
223,876

 

 
223,876

Commercial mortgage-backed

 

 
190

 
190

Residential mortgage-backed

 
3,126

 

 
3,126

Foreign governments

 
132

 

 
132

Total fixed maturities
12,720

 
717,597

 
190

 
730,507

Equity securities:
 

 
 

 
 

 
 

Stock mutual funds
17,589

 

 

 
17,589

Bond mutual funds
50,335

 

 

 
50,335

Common stock
49

 

 

 
49

Preferred stock
1,836

 

 

 
1,836

Total equity securities
69,809

 

 

 
69,809

Total financial assets
$
82,529

 
717,597

 
190

 
800,316


 
December 31, 2014
Available-for-sale investments
Level 1
 
Level 2
 
Level 3
 
Total
Fair Value
 
(In thousands)
Financial assets:
 
 
 
 
 
 
 
Fixed maturities:
 
 
 
 
 
 
 
U.S. Treasury and U.S. Government-sponsored enterprises
$
12,980

 
40,249

 

 
53,229

States and political subdivisions

 
422,355

 

 
422,355

Corporate

 
227,827

 

 
227,827

Commercial mortgage-backed

 

 
231

 
231

Residential mortgage-backed

 
3,450

 

 
3,450

Foreign governments

 
135

 

 
135

Total fixed maturities
12,980

 
694,016

 
231

 
707,227

Equity securities:
 

 
 

 
 

 
 

Stock mutual funds
17,596

 

 

 
17,596

Bond mutual funds
50,240

 

 

 
50,240

Common stock
51

 

 

 
51

Preferred stock
1,992

 

 

 
1,992

Total equity securities
69,879

 

 

 
69,879

Total financial assets
$
82,859

 
694,016

 
231

 
777,106

Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Table Text Block]
The following table presents additional information about fixed maturity securities measured at fair value on a recurring basis that are classified as Level 3 assets and for which we have utilized significant unobservable inputs to determine fair value.

June 30,
2015
 
December 31,
2014
 
(In thousands)
 
 
 
 
Balance at beginning of period
$
231

 
309

Total realized and unrealized gains (losses)


 
 

Included in net income

 

Included in other comprehensive income

 
(1
)
Principal paydowns
(41
)
 
(77
)
Transfer in and (out) of Level 3

 

Balance at end of period
$
190

 
231

Fair Value, by Balance Sheet Grouping [Table Text Block]
The carrying amount and fair value for the financial assets and liabilities on the consolidated balance sheets not otherwise disclosed for the periods indicated are as follows:
 
June 30, 2015
 
December 31, 2014
 
Carrying Value
 
Fair Value
 
Carrying Value
 
Fair Value
 
(In thousands)
Financial assets:
 
 
 
 
 
 
 
Fixed maturities, held-to-maturity
$
236,186

 
241,689

 
224,932

 
232,891

Mortgage loans
610

 
631

 
628

 
652

Policy loans
56,652

 
56,652

 
54,032

 
54,032

Cash and cash equivalents
37,820

 
37,820

 
50,708

 
50,708

Financial liabilities:
 

 
 

 
 

 
 

Annuity - investment contracts
44,801

 
35,634

 
42,837

 
37,978