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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Cash Flows from Operating Activities    
Net income $ 3,063 $ 4,697
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation expense and amortization/accretion, net 303 299
Decrease in cash surrender value of company owned life insurance 34 219
Net realized gains on investments (998) (503)
Deferred income taxes 1,173 523
Amortization of deferred policy acquisition costs 3,506 3,510
Changes in assets and liabilities:    
Change in receivable for securities sold (499) 0
Change in accrued investment income 21 0
Change in reinsurance recoverable (120) (721)
Policy acquisition costs deferred (3,372) (3,403)
Change in accrued income taxes (1,042) (386)
Change in net policy liabilities and claims (1,082) 2,522
Change in other assets/liabilities, net 152 112
Other, net 9 11
Net cash provided by operating activities 1,148 6,880
Cash Flows from Investing Activities    
Available-for-sale securities (26,832) (30,968)
Trading securities and short-term investments 0 (88)
Property and equipment (94) (138)
Held-to-maturity securities 572 689
Available-for-sale securities 27,034 23,296
Real estate held for investment 38 444
Property and equipment 0 5
Other invested assets, net (34) 1,925
Net cash provided by (used in) investing activities 684 (4,835)
Cash Flows from Financing Activities    
Change in other policyholder funds 68 51
Proceeds from long-term debt 3,900 0
Repayments of long-term debt (5,686) (1,357)
Change in short-term notes payable 943 0
Dividends paid (452) (402)
Net cash used in financing activities (1,227) (1,708)
Net change in cash and cash equivalents 605 337
Cash and cash equivalents, beginning of year 6,763 6,426
Cash and cash equivalents, end of period $ 7,368 $ 6,763