Schedule V - Valuation and Qualifying Accounts

12 Months Ended

Dec. 31, 2014

Valuation and Qualifying Accounts [Abstract]

Schedule V - Valuation and Qualifying Accounts

NATIONAL WESTERN LIFE INSURANCE COMPANY AND SUBSIDIARIES

SCHEDULE V

VALUATION AND QUALIFYING ACCOUNTS

For the Years Ended December 31, 2014, 2013 and 2012

(In thousands)

Description	Balance at Beginning of Period		(1) Charged to Costs and Expenses	Reductions		Transfers	Balance at End of Period
Valuation accounts deducted from applicable assets:
Allowance for possible losses on mortgage loans:
December 31, 2014	$	650	—	—		—	650
December 31, 2013	$	650	—	—		—	650
December 31, 2012	$	4,571	650	(4,571	)	—	650
Allowance for possible losses on real estate:
December 31, 2014	$	1,735	—	(106	)	—	1,629
December 31, 2013	$	1,813	—	(78	)	—	1,735
December 31, 2012	$	1,758	55	—		—	1,813

Notes:

(1) Amounts were recorded to realized (gains) losses on investments.

See accompanying report of Independent Registered Public Accounting Firm.