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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Cash flows from operating activities:      
Net income (loss) $ 1,969 $ (3,143) $ (5,970)
Adjustments to reconcile net income to net cash provided by operating activities:      
Realized gains on sale of investments and other assets 1,985 5,459 19
Net deferred policy acquisition costs (4,217) (7,704) (10,988)
Amortization of cost of customer relationships acquired 2,063 2,317 2,182
Depreciation 806 779 1,116
Amortization of premiums and discounts on investments 14,676 12,021 9,738
Deferred federal income tax expense (benefit) (9,834) 3,515 (78,880)
Change in:      
Accrued investment income (2,497) (1,949) (1,110)
Reinsurance recoverable 304 259 (31)
Due premiums (1,033) (1,042) 432
Future policy benefit reserves 74,583 76,901 81,918
Other policyholders' liabilities 7,521 6,059 8,840
Federal income tax receivable 9,287 (6,837) 78,207
Commissions payable and other liabilities 6,434 617 13,003
Other, net 224 (99) (542)
Net cash provided by operating activities 102,271 87,153 97,934
Cash flows from investing activities:      
Sale of fixed maturities, available-for-sale 20,638 0 3,074
Maturities and calls of fixed maturities, available-for-sale 56,032 75,231 50,405
Maturities and calls of fixed maturities, held-to-maturity 14,405 20,395 20,991
Purchase of fixed maturities, available-for-sale (234,964) (134,126) (128,906)
Purchase of fixed maturities, held-to-maturity (5,507) (55,360) (18,032)
Sale of equity securities, available-for-sale 5,100 43,163 15,029
Calls of equity securities, available-for-sale 822 150 200
Purchase of equity securities, available-for-sale 0 (602) (36,297)
Principal payments on mortgage loans 362 34 43
Increase in policy loans, net (6,506) (6,134) (5,164)
Sale of other long-term investments 37 60 2
Purchase of other long-term investments and real estate (75) 0 (4)
Purchase of property and equipment (2,214) (590) (481)
Sale of property and equipment 59 0 0
Maturity of short-term investments 256 0 0
Purchase of short-term investments (522) (255) 0
Cash used in acquisition, net 0 0 (4,810)
Net cash used in investing activities (152,077) (58,034) (103,950)
Cash flows from financing activities:      
Annuity deposits 8,673 8,103 7,243
Annuity withdrawals (6,184) (5,103) (5,112)
Net cash provided by financing activities 2,489 3,000 2,131
Net increase (decrease) in cash and cash equivalents (47,317) 32,119 (3,885)
Cash and cash equivalents at beginning of year 82,827 50,708 54,593
Cash and cash equivalents at end of year 35,510 82,827 50,708
Cash paid during the year for income taxes $ 4,061 $ 4,522 $ 4,670