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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
Jun. 30, 2019
Dec. 31, 2018
Investments    
Fixed maturities held-to-maturity, at amortized cost (estimated fair value: 2019 - $1,442; 2018 - $1,443) $ 1,388,000 $ 1,449,000
Fixed maturities available-for-sale, at estimated fair value (cost: 2019 - $100,084; 2018 - $96,877) 102,744,000 95,125,000
Equity securities, at estimated fair value (cost: 2019 - $1,849; 2018 - $1,842) 4,465,000 4,306,000
Trading securities 141,000 107,000
Mortgage loans on real estate, at cost 151,000 156,000
Investment real estate, at book value 2,934,000 2,945,000
Policy loans 1,876,000 1,854,000
Company owned life insurance 4,631,000 4,600,000
Other invested assets 2,217,000 2,148,000
Total Investments 120,547,000 112,690,000
Cash and cash equivalents 5,627,000 5,676,000
Accrued investment income 757,000 774,000
Policy receivables and agents' balances, net 13,145,000 11,185,000
Reinsurance recoverable 326,000 1,772,000
Deferred policy acquisition costs 7,895,000 7,834,000
Property and equipment, net 1,590,000 1,649,000
Income tax recoverable 993,000 1,463,000
Deferred income tax asset, net 0 716,000
Other assets 978,000 472,000
Total Assets 151,858,000 144,231,000
LIABILITIES AND SHAREHOLDERS' EQUITY    
Property and casualty benefit and loss reserves 7,020,000 8,208,000
Accident and health benefit and loss reserves 3,772,000 3,803,000
Life and annuity benefit and loss reserves 33,990,000 33,671,000
Unearned premiums 32,283,000 29,999,000
Policy and contract claims 887,000 792,000
Other policyholder funds 1,480,000 1,515,000
Short-term notes payable and current portion of long-term debt 2,200,000 2,200,000
Long-term debt 12,158,000 12,152,000
Deferred income tax liability 53,000 0
Other liabilities 6,962,000 6,025,000
Total Liabilities 100,805,000 98,365,000
Contingencies
Shareholders' equity    
Common stock 2,532,000 2,527,000
Additional paid-in capital 5,602,000 5,554,000
Accumulated other comprehensive income (loss) 1,961,000 (1,570,000)
Retained earnings 40,958,000 39,355,000
Total Shareholders' Equity 51,053,000 45,866,000
Total Liabilities and Shareholders' Equity $ 151,858,000 $ 144,231,000