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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Cash Flows from Operating Activities    
Net income (loss) $ (1,872) $ 3,167
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation expense and amortization/accretion, net 390 255
Decrease in cash surrender value of company owned life insurance (95) (80)
Net realized gains on investments (312) (536)
Deferred income taxes (848) 271
Amortization of deferred policy acquisition costs 2,470 2,451
Changes in assets and liabilities:    
Change in receivable for securities sold 499 0
Change in accrued investment income (39) (73)
Change in reinsurance recoverable 1,277 1,133
Policy acquisition costs deferred (2,567) (2,679)
Change in accrued income taxes (510) (43)
Change in net policy liabilities and claims 3,007 (116)
Change in other assets/liabilities, net (63) 699
Other, net 5 7
Net cash provided by operating activities 1,342 4,456
Cash Flows from Investing Activities    
Available-for-sale securities (12,118) (23,357)
Property and equipment (51) (84)
Held-to-maturity securities 205 383
Available-for-sale securities 13,895 18,384
Property and equipment 2 0
Other invested assets, net (49) (34)
Net cash provided by (used in) investing activities 1,884 (4,708)
Cash Flows from Financing Activities    
Change in other policyholder funds 54 53
Repayments of long-term debt 0 (700)
Change in short-term notes payable (500) 0
Dividends paid (378) (339)
Net cash used in financing activities (824) (986)
Net change in cash and cash equivalents 2,402 (1,238)
Cash and cash equivalents, beginning of year 7,368 6,763
Cash and cash equivalents, end of period $ 9,770 $ 5,525