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Consolidated Statements of Comprehensive Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Premiums:        
Life insurance $ 41,438 $ 40,185 $ 79,080 $ 80,131
Accident and health insurance 291 248 634 509
Property insurance 1,097 1,063 2,144 2,173
Net investment income 15,320 14,915 30,564 30,084
Realized investment gains (losses), net 4,859 1,448 5,151 142
Other income 553 482 1,468 1,024
Total revenues 63,558 58,341 119,041 114,063
Insurance benefits paid or provided:        
Claims and surrenders 29,296 27,754 59,885 54,203
Increase in future policy benefit reserves 6,287 8,237 11,519 17,708
Policyholders' dividends 1,475 1,328 2,781 2,561
Total insurance benefits paid or provided 37,058 37,319 74,185 74,472
Commissions 8,801 6,714 16,958 14,567
Other general expenses 11,503 11,139 22,885 22,612
Capitalization of deferred policy acquisition costs (5,787) (3,731) (10,772) (8,740)
Amortization of deferred policy acquisition costs 6,074 6,061 12,257 12,180
Amortization of cost of customer relationships acquired 309 401 676 769
Total benefits and expenses 57,958 57,903 116,189 115,860
Income (loss) before federal income tax 5,600 438 2,852 (1,797)
Federal income tax expense (benefit) 578 1,465 1,403 2,814
Net income (loss) 5,022 (1,027) 1,449 (4,611)
Unrealized gains (losses) on available-for-sale debt securities:        
Unrealized Holding Losses Arising During the Period Less Effects of DAC and CCRA, Before Tax     (24,142)  
Unrealized Holding Gains Arising During the Period Less Effects of DAC and CCRA, Before Tax 31,756 80,508   37,579
Reclassification adjustments for losses (gains) included in net income 46 (87) 11 45
Unrealized gains (losses) on available-for-sale debt securities, net 31,802 80,421 (24,131) 37,624
Income tax expense (benefit) on unrealized gains (losses) on available-for-sale securities (346) 5,774 239 3,047
Other comprehensive income (loss) 32,148 74,647 (24,370) 34,577
Comprehensive income (loss) $ 37,170 $ 73,620 $ (22,921) $ 29,966
Common Stock Class A [Member]        
Earnings Per Share [Abstract]        
Basic and diluted earnings (loss) per share (in dollars per share) $ 0.10 $ (0.02) $ 0.03 $ (0.09)
Common Stock Class B [Member]        
Earnings Per Share [Abstract]        
Basic and diluted earnings (loss) per share (in dollars per share) $ 0.05 $ (0.01) $ 0.01 $ (0.05)