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Segments (Tables)
 6 Months Ended
Jun. 30, 2015
Segment Reporting, Disclosure of Entity's Reportable Segments [Abstract]  
Schedule of Segment Reporting Information, by Segment
Total assets by industry segment at June 30, 2015 and at December 31, 2014 are summarized below (dollars in thousands):

 
 
Total
 
P&C Insurance Operations
 
Life Insurance Operations
 
Non-Insurance Operations
 
 
 
 
 
 
 
 
 
June 30, 2015
 
$
146,493

 
$
83,147

 
$
56,526

 
$
6,820

 
 


 
 
 
 
 
 
December 31, 2014
 
$
144,865

 
$
81,648

 
$
56,541

 
$
6,676


Premium revenues and operating income by business segment for the three and six months ended June 30, 2015 and 2014 are summarized below (dollars in thousands):

Three months ended June 30, 2015
Total
 
P&C Insurance Operations
 
Life Insurance Operations
 
Non-Insurance Operations
REVENUE
 
 
 
 
 
 
 
Net premiums earned
$
14,880

 
$
13,276

 
$
1,604

 
$
—

Net investment income
784

 
336

 
429

 
19

Net realized investment gains (losses)
245

 
99

 
146

 
—

Other income
156

 
156

 
—

 
—

 
16,065

 
13,867

 
2,179

 
19

BENEFITS AND EXPENSES
 

 
 

 
 

 
 

Policyholder benefits paid
9,435

 
8,534

 
901

 
—

Amortization of deferred policy acquisition costs
918

 
675

 
243

 
—

Commissions
2,089

 
1,997

 
92

 
—

General and administrative expenses
2,093

 
1,619

 
324

 
150

Taxes, licenses and fees
518

 
472

 
46

 
—

Interest expense
345

 
—

 
13

 
332

 
15,398

 
13,297

 
1,619

 
482

Income (Loss) Before Income Taxes
$
667

 
$
570

 
$
560

 
$
(463
)




Three months ended June 30, 2014
Total
 
P&C Insurance Operations
 
Life Insurance Operations
 
Non-Insurance Operations
REVENUE
 
 
 
 
 
 
 
Net premiums earned
$
14,100

 
$
12,467

 
$
1,633

 
$
—

Net investment income
1,030

 
508

 
503

 
19

Net realized investment gains
312

 
1

 
310

 
1

Gain on company owned life insurance
1,621

 
1,621

 
—

 
—

Other income
92

 
92

 
—

 
—

 
17,155

 
14,689

 
2,446

 
20

BENEFITS AND EXPENSES
 

 
 

 
 

 
 

Policyholder benefits paid
9,155

 
7,566

 
1,589

 
—

Amortization of deferred policy acquisition costs
873

 
641

 
232

 
—

Commissions
1,967

 
1,890

 
77

 
—

General and administrative expenses
2,413

 
1,532

 
598

 
283

Taxes, licenses and fees
521

 
457

 
64

 
—

Interest expense
382

 
—

 
14

 
368

 
15,311

 
12,086

 
2,574

 
651

Income (Loss) Before Income Taxes
$
1,844

 
$
2,603

 
$
(128
)
 
$
(631
)



Six months ended June 30, 2015
Total
 
P&C Insurance Operations
 
Life Insurance Operations
 
Non-Insurance Operations
REVENUE
 
 
 
 
 
 
 
Net premiums earned
$
29,586

 
$
26,398

 
$
3,188

 
$
—

Net investment income
1,758

 
826

 
894

 
38

Net realized investment gains (losses)
387

 
130

 
257

 
—

Other income
314

 
313

 
1

 
—

 
32,045

 
27,667

 
4,340

 
38

BENEFITS AND EXPENSES
 

 
 

 
 

 
 

Policyholder benefits paid
17,697

 
15,311

 
2,386

 
—

Amortization of deferred policy acquisition costs
1,817

 
1,350

 
467

 
—

Commissions
4,144

 
3,965

 
179

 
—

General and administrative expenses
4,099

 
3,159

 
633

 
307

Taxes, licenses and fees
1,173

 
1,016

 
157

 
—

Interest expense
662

 
—

 
23

 
639

 
29,592

 
24,801

 
3,845

 
946

Income (Loss) Before Income Taxes
$
2,453

 
$
2,866

 
$
495

 
$
(908
)




Six months ended June 30, 2014
Total
 
P&C Insurance Operations
 
Life Insurance Operations
 
Non-Insurance Operations
REVENUE
 
 
 
 
 
 
 
Net premiums earned
$
27,924

 
$
24,640

 
$
3,284

 
$
—

Net investment income
1,978

 
963

 
977

 
38

Net realized investment gains
400

 
49

 
350

 
1

Gain on company owned life insurance
1,621

 
1,621

 
—

 
—

Other income
246

 
245

 
1

 
—

 
32,169

 
27,518

 
4,612

 
39

BENEFITS AND EXPENSES
 

 
 

 
 

 
 

Policyholder benefits paid
17,019

 
14,230

 
2,789

 
—

Amortization of deferred policy acquisition costs
1,771

 
1,282

 
489

 
—

Commissions
3,994

 
3,835

 
159

 
—

General and administrative expenses
4,439

 
2,989

 
1,058

 
392

Taxes, licenses and fees
1,051

 
921

 
130

 
—

Interest expense
768

 
—

 
31

 
737

 
29,042

 
23,257

 
4,656

 
1,129

Income (Loss) Before Income Taxes
$
3,127

 
$
4,261

 
$
(44
)
 
$
(1,090
)
Schedule of Gross and Net Premiums Written
The following table presents the Company’s gross and net premiums written for the property and casualty segment and the life and accident and health segment for the three and six months ended June 30, 2015 and 2014, respectively:
 
 
 
Three months ended June 30,
 
Six months ended
June 30,
 
 
2015
 
2014
 
2015
 
2014
Life, accident and health operations premiums written:
 
 

 
 

 
 

 
 

Traditional life insurance
 
$
1,104

 
$
1,137

 
$
2,241

 
$
2,316

Accident and health insurance
 
422

 
431

 
841

 
875

Gross life, accident and health
 
1,526

 
1,568

 
3,082

 
3,191

Reinsurance premium ceded
 
(15
)
 
(12
)
 
(30
)
 
(35
)
Net life, accident and health premiums written
 
$
1,511

 
$
1,556

 
$
3,052

 
$
3,156

Property and Casualty operations premiums written:
 
 

 
 

 
 

 
 

Dwelling fire & extended coverage
 
$
9,454

 
$
9,219

 
$
18,182

 
$
17,548

Homeowners (Including mobile homeowners)
 
6,715

 
6,879

 
12,466

 
12,628

Other liability
 
549

 
521

 
1,054

 
990

Gross property and casualty
 
16,718

 
16,619

 
31,702

 
31,166

Reinsurance premium ceded
 
(1,229
)
 
(1,802
)
 
(2,720
)
 
(3,557
)
Net property and casualty written
 
$
15,489

 
$
14,817

 
$
28,982

 
$
27,609

Consolidated gross premiums written
 
$
18,244

 
$
18,187

 
$
34,784

 
$
34,357

Reinsurance premium ceded
 
(1,244
)
 
(1,814
)
 
(2,750
)
 
(3,592
)
Consolidated net premiums written
 
$
17,000

 
$
16,373

 
$
32,034

 
$
30,765
Schedule of Gross and Net Premiums Earned
The following table presents the Company’s gross and net premiums earned for the property and casualty segment and the life and accident and health segment three and six months ended June 30, 2015 and 2014, respectively:
 


Three months ended June 30,

Six months ended
June 30,
 

2015
 
2014

2015

2014
Life, accident and health operations premiums earned:

 

 

 

 
Traditional life insurance

$
1,199

 
$
1,214


$
2,377

 
$
2,457

Accident and health insurance

420

 
431


841

 
862

Gross life, accident and health

1,619

 
1,645


3,218

 
3,319

Reinsurance premium ceded

(15
)
 
(12
)

(30
)
 
(35
)
Net life, accident and health premiums earned

$
1,604

 
$
1,633


$
3,188

 
$
3,284

Property and Casualty operations premiums earned:












Dwelling fire & extended coverage

$
8,403

 
$
7,910


$
16,603

 
$
15,580

Homeowners (Including mobile homeowners)

5,955

 
5,916


11,903

 
11,747

Other liability

480

 
443


945

 
870

Gross property and casualty

14,838

 
14,269


29,451

 
28,197

Reinsurance premium ceded

(1,562
)

(1,802
)

(3,053
)
 
(3,557
)
Net property and casualty earned

$
13,276


$
12,467


$
26,398

 
$
24,640

Consolidated gross premiums earned

$
16,457


$
15,914


$
32,669

 
$
31,516

Reinsurance premium ceded

(1,577
)

(1,814
)

(3,083
)
 
(3,592
)
Consolidated net premiums earned

$
14,880


$
14,100


$
29,586

 
$
27,924