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Consolidated Statements of Comprehensive Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Premiums:        
Life insurance $ 42,423 $ 43,239 $ 120,930 $ 122,319
Accident and health insurance 299 311 865 945
Property insurance 1,153 (223) 3,668 1,921
Net investment income 16,604 15,454 47,983 46,018
Investment related gains (losses), net (4,991) 2,126 (10,589) 7,277
Other income 688 677 2,410 2,145
Total revenues 56,176 61,584 165,267 180,625
Insurance benefits paid or provided:        
Claims and surrenders 30,729 31,816 86,260 91,701
Increase in future policy benefit reserves 7,090 10,888 23,037 22,407
Policyholders' dividends 1,389 1,650 4,257 4,431
Total insurance benefits paid or provided 39,208 44,354 113,554 118,539
Commissions 9,210 9,115 25,807 26,073
Other general expenses 11,559 10,542 32,989 33,427
Capitalization of deferred policy acquisition costs (6,372) (6,026) (17,337) (16,798)
Amortization of deferred policy acquisition costs 7,082 6,043 18,869 18,300
Amortization of cost of customer relationships acquired 276 283 775 959
Total benefits and expenses 60,963 64,311 174,657 180,500
Net income (loss) before taxes (4,787) (2,727) (9,390) 125
Federal income tax expense (benefit) 344 72 622 1,475
Net income (loss) (5,131) (2,799) (10,012) (1,350)
Unrealized gains (losses) on available-for-sale debt securities:        
Unrealized holding losses arising during the period (89,713) (1,564) (343,989) (25,706)
Reclassification adjustment for losses (gains) included in net income (loss) 43 (102) 78 (91)
Unrealized gains (losses) on fixed maturity securities, net (89,670) (1,666) (343,911) (25,797)
Income tax expense (benefit) on unrealized gains (losses) on fixed maturity securities (5,079) (271) (18,880) (32)
Other comprehensive income (loss) (84,591) (1,395) (325,031) (25,765)
Comprehensive income (loss) $ (89,722) $ (4,194) $ (335,043) $ (27,115)
Common Stock Class A [Member]        
Earnings Per Share, Basic $ (0.10) $ (0.06) $ (0.20) $ (0.03)
Earnings Per Share, Diluted (0.10) (0.06) (0.20) (0.03)
Common Stock Class B [Member]        
Earnings Per Share, Basic 0 0 0 (0.01)
Earnings Per Share, Diluted $ 0 $ 0 $ 0 $ (0.01)