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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Cash Flows from Operating Activities    
Net income (loss) $ (1,203) $ 3,063
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation expense and amortization/accretion, net 514 303
(Increase) decrease in cash surrender value of company owned life insurance (110) 34
Net realized gains on investments (234) (998)
Deferred income taxes 295 1,173
Amortization of deferred policy acquisition costs 3,589 3,506
Changes in assets and liabilities:    
Change in receivable for securities sold 499 (499)
Change in accrued investment income 8 21
Change in reinsurance recoverable 1,414 (120)
Policy acquisition costs deferred (3,362) (3,372)
Change in accrued income taxes 548 (1,042)
Change in net policy liabilities and claims 200 (1,082)
Change in other assets/liabilities, net 155 152
Other, net 3 9
Net cash provided by operating activities 2,316 1,148
Cash Flows from Investing Activities    
Available-for-sale securities (18,720) (26,832)
Property and equipment (62) (94)
Held-to-maturity securities 280 572
Available-for-sale securities 17,477 27,034
Real estate held for investment 0 38
Property and equipment 2 0
Other invested assets, net (90) (34)
Net cash provided by (used in) investing activities (1,113) 684
Cash Flows from Financing Activities    
Change in other policyholder funds 77 68
Proceeds from long-term debt 0 3,900
Repayments of long-term debt (2,000) (5,686)
Change in short-term notes payable 500 943
Dividends paid (504) (452)
Net cash used in financing activities (1,927) (1,227)
Net change in cash and cash equivalents (724) 605
Cash and cash equivalents, beginning of year 7,368 6,763
Cash and cash equivalents, end of period $ 6,644 $ 7,368