CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
ASSETS
Cash and cash equivalents	$ 13,252	$ 15,622
Investments	244,177	238,385
Receivables:
Reinsurance	11,703	11,759
Insurance premiums and other, net of allowance for doubtful accounts of $280 and $528 in 2016 and 2015, respectively	12,581	11,988
Deferred income taxes, net	160	829
Deferred acquisition costs	28,975	27,866
Other assets	5,208	5,610
Intangibles	2,544	2,544
Total assets	318,600	314,603
LIABILITIES AND SHAREHOLDERS' EQUITY
Insurance reserves and policyholder funds	162,679	163,345
Accounts payable and accrued expenses	16,677	15,028
Junior subordinated debenture obligations, net	33,738	33,738
Total liabilities	213,094	212,111
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; 20,446,705 and 20,426,536 shares outstanding in 2016 and 2015, respectively	22,401	22,401
Additional paid-in capital	57,114	56,623
Retained earnings	27,272	25,443
Accumulated other comprehensive income	5,830	4,584
Unearned stock grant compensation	(428)	(273)
Treasury stock, at cost, 1,954,189 and 1,974,358 shares in 2016 and 2015, respectively	(6,738)	(6,341)
Total shareholders' equity	105,506	102,492
Total liabilities and shareholders' equity	$ 318,600	$ 314,603