CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
ASSETS
Cash and cash equivalents	$ 15,622	$ 16,375
Investments	238,385	240,285
Receivables:
Reinsurance	11,759	14,348
Insurance premiums and other, net of allowance for doubtful accounts of $528 and $439 in 2015 and 2014, respectively	11,988	10,728
Deferred income taxes, net	829	0
Deferred acquisition costs	27,866	26,981
Other assets	5,610	5,747
Intangibles	2,544	2,544
Total assets	314,603	317,008
LIABILITIES AND SHAREHOLDERS' EQUITY
Insurance reserves and policyholder funds	163,345	164,094
Accounts payable and accrued expenses	15,028	13,586
Deferred income taxes, net	0	1,395
Junior subordinated debenture obligations, net	33,738	33,738
Total liabilities	$ 212,111	$ 212,813
Commitments and contingencies (Note 7)
Shareholders' equity:
Preferred stock, $1 par, 4,000,000 shares authorized; Series D preferred, 55,000 shares issued and outstanding; $5,500 redemption value	$ 55	$ 55
Common stock, $1 par, 50,000,000 shares authorized; 22,400,894 shares issued; 20,426,536 and 20,600,039 shares outstanding in 2015 and 2014, respectively	22,401	22,401
Additional paid-in capital	56,623	56,491
Retained earnings	25,443	21,866
Accumulated other comprehensive income	4,584	9,279
Unearned stock grant compensation	(273)	(460)
Treasury stock, at cost, 1,974,358 and 1,800,855 shares in 2015 and 2014, respectively	(6,341)	(5,437)
Total shareholders' equity	102,492	104,195
Total liabilities and shareholders' equity	$ 314,603	$ 317,008