Summary of Investments Other than Investments in Related Parties

12 Months Ended

Dec. 31, 2011

Summary of Investments, Other than Investments in Related Parties [Abstract]

Summary of Investments, Other than Investments in Related Parties [Text Block]

Schedule I. Summary of Investments Other Than Investments in Related Parties



THE NATIONAL SECURITY GROUP, INC. (Dollars in Thousands)
	December 31, 2011							December 31, 2010

	Cost			Fair Value		Amount per the Balance Sheet		Cost		Fair Value		Amount per the Balance Sheet
Securities Held-to-Maturity:
United States government	$	226		$	244	$	226	$	335	$	355	$	335
States, municipalities and political subdivisions	996			1,046		996		1,837		1,873		1,837
Mortgage backed securities	2,026			2,151		2,026		2,669		2,794		2,669
Private label mortgage backed securities	55			56		55		118		122		118
Industrial and Miscellaneous	—			—		—		—		—		—
Total Securities Held-to-Maturity	3,303			3,497		3,303		4,959		5,144		4,959
Securities Available-for-Sale:
Equity Securities:
Banks and insurance companies	1,323			1,446		1,446		1,322		1,630		1,630
Industrial and all other	3,608			7,101		7,101		4,156		7,417		7,417
Total equity securities	4,931			8,547		8,547		5,478		9,047		9,047
Debt Securities:
United States government	13,878			14,409		14,409		15,446		15,720		15,720
States, municipalities and political subdivisions	18,355			19,482		19,482		18,902		18,415		18,415
Mortgage backed securities	7,587			7,871		7,871		7,053		7,275		7,275
Private label mortgage backed securities	9,716		10	9,853		9,853		13,313		13,106		13,106
Trust preferred securities	537			479		479		536		539		539
Industrial and Miscellaneous	19,907			20,980		20,980		21,869		23,413		23,413
Total Debt Securities	69,980			73,074		73,074		77,119		78,468		78,468
Total Available-for-Sale	74,911			81,621		81,621		82,597		87,515		87,515
Total Securities	78,214			85,118		84,924		87,556		92,659		92,474
Trading securities	80			80		80		657		705		705
Mortgage loans on real estate	390			390		390		1,022		935		935
Investment real estate	5,745			5,745		5,745		5,010		5,010		5,010
Policy loans	1,244			1,244		1,244		1,123		1,123		1,123
Company owned life insurance	5,000			5,660		5,660		5,000		5,520		5,520
Other invested assets	3,929			3,929		3,929		3,915		3,915		3,915
Total investments	$	94,602		$	102,166	$	101,972	$	104,283	$	109,867	$	109,682

- Definition

The entire disclosure for the schedule applicable to insurance companies summarizing investments held as of the most recent audited balance sheet. At a minimum, such summary is by three major categories of investments including: (1) fixed maturities primarily consisting of bonds, including convertibles and bonds with warrants, and redeemable preferred stocks, (2) equity securities primarily consisting of common stocks and nonredeemable preferred stocks, and (3) other investments including mortgage loans on real estate, real estate held for investment, real estate acquired in satisfaction of debt, policy loans, other long-term investments, and short-term investments not otherwise categorized. The information provided with respect to each item within each category includes: (A) the original cost of equity securities and, as to fixed maturity securities, original cost reduced by repayments and adjusted for amortization of premiums or accrual of discounts, (B) fair value as of the reporting date, and (C) the amount at which the item within each category is shown in the statement of financial position; with respect to (C), if the amount at which shown in the statement of financial position is different from the items original [amortized] cost or fair value, an explanation of the difference may be included herein.

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