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Condensed Financial Information of Parent Company
 12 Months Ended
Dec. 31, 2022
Condensed Financial Information of Parent Company [Abstract]  
Condensed Financial Information of Parent Company
18 - Condensed Financial Information of Parent Company

Condensed Balance Sheets
(in thousands)
 
December 31,
  
2022
    
2021
  
Assets
            
Investment in subsidiaries/affiliates (equity method)
  
$
509,513
    
$
554,804
  
Short-term investments
    
7,325
      
9
  
Cash
    
3,288
      
14,375
  
Property and equipment
    
586
      
716
  
Other
    
4,589
      
2,455
  
Total assets
  
$
525,301
    
$
572,359
  
                 
Liabilities and Stockholders’ Equity
                
Liabilities
                
Cash dividends declared to stockholders
  
$
5,297
    
$
4,915
  
Notes payable to subsidiary
    
35,000
      
35,000
  
Other
    
1,411
      
1,408
  
Total liabilities
    
41,708
      
41,323
  
Stockholders’ equity
    
483,593
      
531,036
  
Total liabilities and stockholders’ equity
  
$
525,301
    
$
572,359
  

Condensed Statements of (Loss) Income and Comprehensive (Loss) Income
(in thousands)
 
Year Ended December 31,
  
2022
    
2021
    
2020
  
Statements of (Loss) Income
                  
Revenues
                  
Dividends from subsidiaries
  
$
—
    
$
5,000
    
$
14,000
  
Realized investment gains
    
—
      
—
      
—
  
Other
    
526
      
481
      
463
  
Total revenues
    
526
      
5,481
      
14,463
  
Expenses
                        
Operating expenses
    
1,245
      
1,223
      
1,258
  
Interest
    
787
      
787
      
794
  
Total expenses
    
2,032
      
2,010
      
2,052
  
(Loss) income before income tax benefit and equity in undistributed net (loss) income of subsidiaries
    
(1,506
)
    
3,471
      
12,411
  
Income tax benefit
    
(618
)
    
(714
)
    
(1,059
)
(Loss) income before equity in undistributed net (loss) income of subsidiaries
    
(888
)
    
4,185
      
13,470
  
Equity in undistributed net (loss) income of subsidiaries
    
(1,071
)
    
21,069
      
39,345
  
Net (loss) income
  
$
(1,959
)
  
$
25,254
    
$
52,815
  
Statements of Comprehensive (Loss) Income
                        
Net (loss) income
  
$
(1,959
)
  
$
25,254
    
$
52,815
  
Other comprehensive (loss) income, net of tax
                        
Unrealized (loss) gain - subsidiaries
    
(44,988
)
    
(7,847
)
    
10,627
  
Other comprehensive (loss) income,  net of tax
    
(44,988
)
    
(7,847
)
    
10,627
  
Comprehensive (loss) income
  
$
(46,947
)
  
$
17,407
    
$
63,442
  

Condensed Statements of Cash Flows
(in thousands)

Year Ended December 31,
  
2022
    
2021
    
2020
  
Cash flows from operating activities:
                  
Net (loss) income
  
$
(1,959
)
  
$
25,254
    
$
52,815
  
Adjustments:
                        
Equity in undistributed net loss (income) of subsidiaries
    
1,071
      
(21,069
)
    
(39,345
)
Other
    
(1,972
)
    
(536
)
    
(5,615
)
Net adjustments
    
(901
)
    
(21,605
)
    
(44,960
)
Net cash (used) provided
    
(2,860
)
    
3,649
      
7,855
  
Cash flows from investing activities:
                        
Net (purchases) sale of short-term investments
    
(7,316
)
    
—
      
2,493
  
Net purchase of property and equipment
    
—
      
(13
)
    
(18
)
Investment in subsidiaries
    
(768
)
    
(916
)
    
(1,037
)
Other
     (28 )     —       —  
Net cash (used) received
    
(8,112
)
    
(929
)
    
1,438
  
Cash flows from financing activities:
                        
Cash dividends paid
    
(20,503
)
    
(19,099
)
    
(16,976
)
Issuance of common stock
    
20,388
      
15,433
      
20,654
  
Net cash (used) received
    
(115
)
    
(3,666
)
    
3,678
  
Net change in cash
    
(11,087
)
    
(946
)
    
12,971
  
Cash at beginning of year
    
14,375
      
15,321
      
2,350
  
Cash at end of year
  
$
3,288
    
$
14,375
    
$
15,321