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Consolidated Statements of Financial Position (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2022
Dec. 31, 2021
Investments:    
Fixed maturities available-for-sale, at fair value (cost: $1,361,254 and $1,343,755 in 2022 and 2021, respectively) $ 1,355,410 $ 1,470,617
Equity security 13,902 14,844
Policy loans 79,345 80,307
Other long-term investments (portion measured at fair value $62,564 and $56,038 in 2022 and 2021, respectively) 63,927 57,399
Total investments 1,512,584 1,623,167
Cash and cash equivalents 21,298 27,294
Accrued investment income 15,755 16,197
Reinsurance recoverable 3,574 5,539
Deferred policy acquisition costs 139,688 140,380
Cost of insurance acquired 10,528 10,611
Current federal income tax receivable 589 762
Property and equipment, net 14,088 14,074
Due premiums 8,971 10,748
Other assets (less allowance for losses of $109 and $111 in 2022 and 2021, respectively) 5,886 5,739
Total assets 1,732,961 1,854,511
Future policy benefits reserves:    
Life insurance 1,284,792 1,278,987
Annuities 85,662 83,918
Accident and health 766 784
Dividend accumulations 38,576 37,760
Premiums paid in advance 40,433 40,690
Policy claims payable 9,659 14,590
Other policyholders' funds 32,656 30,690
Total policy liabilities 1,492,544 1,487,419
Commissions payable 1,816 2,285
Deferred federal income tax payable 6,577 15,456
Payable for securities in process of settlement 3,815 0
Other liabilities 31,307 28,780
Total liabilities 1,536,059 1,533,940
Commitments and contingencies (Note 8)
Stockholders' equity:    
Accumulated deficit (46,898) (45,565)
Accumulated other comprehensive income:    
Net unrealized gains on securities, net of tax (6,725) 117,492
Treasury stock, at cost (20,101) (20,101)
Stockholders' equity 196,902 320,571
Total liabilities and stockholders' equity 1,732,961 1,854,511
Common Stock Class A [Member]    
Stockholders' equity:    
Common stock 267,442 265,561
Common Stock Class B [Member]    
Stockholders' equity:    
Common stock $ 3,184 $ 3,184