Segment Information

9 Months Ended

Sep. 30, 2020

Segment Information [Abstract]

Segment Information

Note 11. Segment Information

The Parent’s primary insurance subsidiaries, American Southern and Bankers Fidelity, operate in two principal business units, each focusing on specific products. American Southern operates in the property and casualty insurance market, while Bankers Fidelity operates in the life and health insurance market. Each business unit is managed independently and is evaluated on its individual performance. The following sets forth the assets, revenue and income (loss) before income taxes for each business unit as of and for the periods ended 2020 and 2019.

Assets	September 30, 2020		December 31, 2019
American Southern	$	151,865	$	141,524
Bankers Fidelity		221,982		224,122
Corporate and Other		11,105		11,980
Total assets	$	384,952	$	377,626

Revenues	Three Months Ended September 30,					Nine Months Ended September 30,
	2020			2019		2020			2019
American Southern	$	15,649		$	14,605	$	47,772		$	45,580
Bankers Fidelity		30,875			32,311		88,619			97,931
Corporate and Other		(255	)		829		(975	)		2,379
Total revenue	$	46,269		$	47,745	$	135,416		$	145,890

Income (Loss) Before Income Taxes	Three Months Ended September 30,						Nine Months Ended September 30,
	2020			2019			2020			2019
American Southern	$	1,857		$	471		$	4,822		$	3,849
Bankers Fidelity		2,765			(1,334	)		2,023			(3,828	)
Corporate and Other		(2,189	)		(881	)		(6,358	)		(2,069	)
Income (loss) before income taxes	$	2,433		$	(1,744	)	$	487		$	(2,048	)