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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Cash Flows from Operating Activities    
Net income (loss) $ (316) $ 941
Adjustments to reconcile net income to net cash provided by (used in) operating activities:    
Depreciation expense and amortization/accretion, net 146 85
Decrease in cash surrender value of company owned life insurance (42) (34)
Net realized gains on investments (160) (7)
Deferred income taxes (74) 139
Amortization of deferred policy acquisition costs 945 787
Changes in assets and liabilities:    
Change in receivable for securities sold 499 0
Change in accrued investment income (26) (51)
Change in reinsurance recoverable 776 214
Policy acquisition costs deferred (935) (844)
Change in accrued income taxes (325) 71
Change in net policy liabilities and claims 698 (1,137)
Change in other assets/liabilities, net (520) (695)
Other, net 5 8
Net cash provided by (used in) operating activities 671 (523)
Cash Flows from Investing Activities    
Available-for-sale securities (3,324) (4,613)
Property and equipment (8) (97)
Held-to-maturity securities 92 74
Available-for-sale securities 3,939 2,666
Property and equipment 2 0
Other invested assets, net (13) (17)
Net cash provided by (used in) investing activities 688 (1,987)
Cash Flows from Financing Activities    
Change in other policyholder funds 22 23
Change in short-term notes payable (500) 0
Dividends paid (126) (113)
Net cash used in financing activities (604) (90)
Net change in cash and cash equivalents 755 (2,600)
Cash and cash equivalents, beginning of year 7,368 6,763
Cash and cash equivalents, end of period $ 8,123 $ 4,163