Income Taxes (Tables)

3 Months Ended

Mar. 31, 2019

Income Taxes [Abstract]

Reconciliation of Income Tax Expense (Benefit)

A reconciliation of the differences between income taxes computed at the federal statutory income tax rate and income tax benefit is as follows:

	Three Months Ended March 31,
	2019			2018
Federal income tax provision at statutory rate of 21%	$	1,110		$	(1,334	)
Dividends-received deduction		(9	)		(10	)
Other permanent differences		22			17
Income tax benefit	$	1,123		$	(1,327	)

Components of Income Tax Expense (Benefit)

The components of income tax benefit were:

	Three Months Ended March 31,
	2019		2018
Current – Federal	$	-	$	36
Deferred – Federal		1,123		(1,363	)
Total	$	1,123	$	(1,327	)