XML 27 R7.htm IDEA: XBRL DOCUMENT v2.4.0.6
Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Cash Flows from Operating Activities    
Net (Loss) Income $ (4,956) $ 3,265
Adjustments to reconcile net (loss) income to net cash (used in) provided by operating activities:    
Depreciation expense and amortization/accretion, net 322 277
Increase in cash surrender value of company owned life insurance (140) (323)
Net realized gains on investments (669) (1,879)
Deferred income taxes (1,163) 706
Amortization of deferred policy acquisition costs 4,020 3,944
Change in accrued investment income 117 (21)
Change in reinsurance recoverable (1,079) (915)
Policy acquisition costs deferred (3,389) (3,923)
Change in accrued income taxes/recoverable (1,796) 16
Change in net policy liabilities and claims 1,712 422
Change in other assets/liabilities, net 253 1,197
Other, net 16 27
Net cash (used in) provided by operating activities (6,752) 2,793
Cash Flows from Investing Activities    
Available-for-sale securities (19,344) (38,627)
Trading securities and short-term investments (234) (304)
Real estate held for investment (204) (198)
Property and equipment (473) (294)
Held-to-maturity securities 1,664 1,059
Available-for-sale securities 27,755 33,475
Trading securities and short-term investments 819 21
Real estate held for investment 14 3
Property and equipment 19 0
Other invested assets, net (128) (66)
Net cash provided by (used in) investing activities 9,888 (4,931)
Cash Flows from Financing Activities    
Change in other policyholder funds 57 4
Change in short-term notes payable (15) 500
Dividends paid (1,357) (1,480)
Net cash used in financing activities (1,315) (976)
Net change in cash and cash equivalents 1,821 (3,114)
Cash and cash equivalents, beginning of period 1,572 4,686
Cash and cash equivalents, end of period $ 3,393 $ 1,572