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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Cash flows from operating activities:    
Net income (loss) $ 2,628 $ (909)
Adjustments to reconcile net income to net cash provided by (used in) operating activities:    
Realized (gains) losses on sale of investments and other assets (1,146) 1,822
Net deferred policy acquisition costs 1,233 (857)
Amortization of cost of customer relationships acquired 994 947
Depreciation 504 405
Amortization of premiums and discounts on investments 8,283 6,966
Deferred federal income tax benefit (1,977) (2,184)
Change in:    
Accrued investment income (764) (1,313)
Reinsurance recoverable 45 98
Due premiums 1,197 334
Future policy benefit reserves 32,335 31,890
Other policyholders' liabilities 4,138 2,316
Federal income tax receivable 3,700 3,005
Commissions payable and other liabilities (6,686) 1,556
Other, net (1,061) (1,031)
Net cash provided by operating activities 43,423 43,045
Cash flows from investing activities:    
Sale of fixed maturities, available-for-sale 508 0
Maturities and calls of fixed maturities, available-for-sale 43,755 37,625
Maturities and calls of fixed maturities, held-to-maturity 3,390 6,275
Purchase of fixed maturities, available-for-sale (96,279) (109,613)
Purchase of fixed maturities, held-to-maturity 0 (5,507)
Sale of equity securities, available-for-sale 1,940 403
Calls of equity securities, available-for-sale 300 273
Principal payments on mortgage loans 34 126
Increase in policy loans, net (2,710) (2,991)
Sale of other long-term investments 3,040 0
Purchase of property and equipment (952) (527)
Maturity of short-term investments 500 250
Purchase of short-term investments 0 522
Net cash used in investing activities (46,474) (74,208)
Cash flows from financing activities:    
Annuity deposits 4,365 3,980
Annuity withdrawals (3,075) (2,707)
Net cash provided by financing activities 1,290 1,273
Net increase (decrease) in cash and cash equivalents (1,761) (29,890)
Cash and cash equivalents at beginning of year 35,510 82,827
Cash and cash equivalents at end of period 33,749 52,937
Supplemental Disclosures of Operation Activities    
Cash paid (received) during the period for income taxes, net $ (1,312) $ 1,339