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SEGMENTS (Tables)
 9 Months Ended
Sep. 30, 2018
Segment Reporting, Disclosure of Entity's Reportable Segments [Abstract]  
Schedule of Segment Reporting Information, by Segment
Total assets by industry segment at September 30, 2018 and at December 31, 2017 are summarized below (dollars in thousands):

Assets by industry segment
 
Total
 
P&C Insurance Operations
 
Life Insurance Operations
 
Non-Insurance Operations
 
 
 
 
 
 
 
 
 
September 30, 2018
 
$
147,720

 
$
82,255

 
$
59,508

 
$
5,957

 
 


 
 
 
 
 
 
December 31, 2017
 
$
146,438

 
$
80,241

 
$
60,709

 
$
5,488

Premium revenues and operating income by business segment for the three and nine months ended September 30, 2018 and 2017 are summarized below (dollars in thousands):

Three months ended September 30, 2018
Total
 
P&C Insurance Operations
 
Life Insurance Operations
 
Non-Insurance Operations
REVENUE
 
 
 
 
 
 
 
Net premiums earned
$
15,445

 
$
13,818

 
$
1,627

 
$
—

Net investment income
1,020

 
431

 
575

 
14

Net realized investment gains
453

 
267

 
186

 
—

Other income
148

 
147

 
1

 
—

 
17,066

 
14,663

 
2,389

 
14

BENEFITS AND EXPENSES
 

 
 

 
 

 
 

Policyholder benefits paid
9,825

 
8,610

 
1,215

 
—

Amortization of deferred policy acquisition costs
782

 
689

 
93

 
—

Commissions
2,003

 
1,932

 
71

 
—

General and administrative expenses
2,404

 
1,721

 
512

 
171

Taxes, licenses and fees
567

 
516

 
51

 
—

Interest expense
306

 
—

 
10

 
296

 
15,887

 
13,468

 
1,952

 
467

Income (Loss) Before Income Taxes
$
1,179

 
$
1,195

 
$
437

 
$
(453
)



Three months ended September 30, 2017
Total
 
P&C Insurance Operations
 
Life Insurance Operations
 
Non-Insurance Operations
REVENUE
 
 
 
 
 
 
 
Net premiums earned
$
15,467

 
$
13,893

 
$
1,574

 
$
—

Net investment income
939

 
417

 
505

 
17

Net realized investment gains
75

 
63

 
12

 
—

Other income
150

 
149

 
1

 
—

 
16,631

 
14,522

 
2,092

 
17

BENEFITS AND EXPENSES
 

 
 

 
 

 
 

Policyholder benefits paid
11,184

 
9,865

 
1,319

 
—

Amortization of deferred policy acquisition costs
706

 
694

 
12

 
—

Commissions
2,096

 
2,015

 
81

 
—

General and administrative expenses
2,398

 
1,634

 
547

 
217

Taxes, licenses and fees
709

 
669

 
40

 
—

Interest expense
320

 
—

 
13

 
307

 
17,413

 
14,877

 
2,012

 
524

Income (Loss) Before Income Taxes
$
(782
)
 
$
(355
)
 
$
80

 
$
(507
)

Nine months ended September 30, 2018
Total
 
P&C Insurance Operations
 
Life Insurance Operations
 
Non-Insurance Operations
REVENUE
 
 
 
 
 
 
 
Net premiums earned
$
45,764

 
$
41,060

 
$
4,704

 
$
—

Net investment income
2,799

 
1,120

 
1,637

 
42

Net realized investment gains
125

 
32

 
93

 
—

Other income
457

 
455

 
2

 
—

 
49,145

 
42,667

 
6,436

 
42

BENEFITS AND EXPENSES
 

 
 

 
 

 
 

Policyholder benefits paid
29,024

 
24,837

 
4,187

 
—

Amortization of deferred policy acquisition costs
2,372

 
2,069

 
303

 
—

Commissions
5,795

 
5,609

 
186

 
—

General and administrative expenses
7,075

 
5,127

 
1,464

 
484

Taxes, licenses and fees
1,565

 
1,382

 
183

 
—

Interest expense
917

 
—

 
35

 
882

 
46,748

 
39,024

 
6,358

 
1,366

Income (Loss) Before Income Taxes
$
2,397

 
$
3,643

 
$
78

 
$
(1,324
)




Nine months ended September 30, 2017
Total
 
P&C Insurance Operations
 
Life Insurance Operations
 
Non-Insurance Operations
REVENUE
 
 
 
 
 
 
 
Net premiums earned
$
45,838

 
$
41,131

 
$
4,707

 
$
—

Net investment income
2,795

 
1,195

 
1,551

 
49

Net realized investment gains
312

 
123

 
189

 
—

Other income
447

 
444

 
3

 
—

 
49,392

 
42,893

 
6,450

 
49

BENEFITS AND EXPENSES
 

 
 

 
 

 
 

Policyholder benefits paid
34,911

 
31,057

 
3,854

 
—

Amortization of deferred policy acquisition costs
2,470

 
2,083

 
387

 
—

Commissions
5,947

 
5,728

 
219

 
—

General and administrative expenses
6,410

 
4,511

 
1,165

 
734

Taxes, licenses and fees
1,915

 
1,736

 
179

 
—

Interest expense
969

 
—

 
52

 
917

 
52,622

 
45,115

 
5,856

 
1,651

Income (Loss) Before Income Taxes
$
(3,230
)
 
$
(2,222
)
 
$
594

 
$
(1,602
)
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 nine months ended September 30, 2018 and 2017, respectively:
 
 
Three months ended
September 30,
 
Nine months ended
September 30,
 
 
2018

2017
 
2018

2017
Life, accident and health operations premiums written:
 
 

 
 

 
 

Traditional life insurance
 
$
1,083

 
$
1,081

 
$
3,280

 
$
3,319

Accident and health insurance
 
617

 
550

 
1,428

 
1,379

Gross life, accident and health
 
1,700

 
1,631

 
4,708

 
4,698

Reinsurance premium ceded
 
(11
)
 
(23
)
 
(70
)
 
(66
)
Net life, accident and health premiums written
 
$
1,689

 
$
1,608

 
$
4,638

 
$
4,632

Property and Casualty operations premiums written:
 
 

 
 

 
 

Dwelling fire & extended coverage
 
$
9,515

 
$
9,427

 
$
29,181

 
$
28,898

Homeowners (Including mobile homeowners)
 
5,406

 
5,651

 
16,782

 
17,687

Other liability
 
557

 
537

 
1,716

 
1,670

Gross property and casualty
 
15,478

 
15,615

 
47,679

 
48,255

Reinsurance premium ceded
 
(1,738
)
 
(1,724
)
 
(4,627
)
 
(4,533
)
Net property and casualty written
 
$
13,740

 
$
13,891

 
$
43,052

 
$
43,722

Consolidated gross premiums written
 
$
17,178

 
$
17,246

 
$
52,387

 
$
52,953

Reinsurance premium ceded
 
(1,749
)
 
(1,747
)
 
(4,697
)
 
(4,599
)
Consolidated net premiums written
 
$
15,429

 
$
15,499

 
$
47,690

 
$
48,354
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 for the three and nine months ended September 30, 2018 and 2017, respectively:


Three months ended
September 30,
 
Nine months ended
September 30,
 

2018

2017

2018

2017
Life, accident and health operations premiums earned:

 

 

 
Traditional life insurance

$
1,021

 
$
1,049


$
3,347

 
$
3,395

Accident and health insurance

617

 
548


1,427

 
1,378

Gross life, accident and health

1,638

 
1,597


4,774

 
4,773

Reinsurance premium ceded

(11
)
 
(23
)

(70
)
 
(66
)
Net life, accident and health premiums earned

$
1,627

 
$
1,574


$
4,704

 
$
4,707

Property and Casualty operations premiums earned:









Dwelling fire & extended coverage

$
9,403

 
$
9,218


$
27,792

 
$
27,066

Homeowners (Including mobile homeowners)

5,449

 
5,715


16,420

 
17,179

Other liability

552

 
532


1,628

 
1,572

Gross property and casualty

15,404

 
15,465


45,840

 
45,817

Reinsurance premium ceded

(1,586
)

(1,572
)

(4,780
)
 
(4,686
)
Net property and casualty earned

$
13,818


$
13,893


$
41,060

 
$
41,131

Consolidated gross premiums earned

$
17,042


$
17,062


$
50,614

 
$
50,590

Reinsurance premium ceded

(1,597
)

(1,595
)

(4,850
)
 
(4,752
)
Consolidated net premiums earned

$
15,445


$
15,467


$
45,764

 
$
45,838