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INVESTMENTS (Tables)
 6 Months Ended
Jun. 30, 2020
Investments [Abstract]  
Schedule of Amortized Cost and Aggregate Fair Values of Investments in Available-for-Sale Securities
The amortized cost and aggregate fair values of investments in available-for-sale securities as of June 30, 2020 are as follows:
($ in thousands)

Available-for-sale securities:
Amortized
Cost		Gross
Unrealized
Gains		Gross
Unrealized
Losses		Fair
Value
U.S. Government corporations and agencies$4,561  $356  $—  $4,917  
Agency mortgage backed securities27,761  1,489  15  29,235  
Asset backed securities9,570  102  499  9,173  
Private label mortgage backed securities8,219  760  12  8,967  
Corporate bonds38,716  2,899  352  41,263  
States, municipalities and political subdivisions4,911  210  —  5,121  
Foreign governments
835  112  —  947  
Total Fixed Maturities94,573  5,928  878  99,623  
Equity securities2,127  2,682  2  4,807  
Total$96,700  $8,610  $880  $104,430  
The amortized cost and aggregate fair values of investments in available-for-sale securities as of December 31, 2019 are as follows:
($ in thousands)

Available-for-sale securities:
Amortized
Cost		Gross
Unrealized
Gains		Gross
Unrealized
Losses		Fair
Value
U.S. Government corporations and agencies$4,131  $150  $—  $4,281  
Agency mortgage backed securities32,283  861  157  32,987  
Asset backed securities10,307  71  104  10,274  
Private label mortgage backed securities6,815  441  4  7,252  
Corporate bonds36,074  1,816  70  37,820  
States, municipalities and political subdivisions6,669  109  1  6,777  
Foreign governments
823  46  —  869  
Total Fixed Maturities97,102  3,494  336  100,260  
Equity securities2,127  3,176  —  5,303  
Total$99,229  $6,670  $336  $105,563  
Schedule of Held-to-Maturity Securities
The amortized cost and aggregate fair values of investments in held-to-maturity securities as of June 30, 2020 are as follows:
($ in thousands)

Held-to-maturity securities:
Amortized
Cost		Gross
Unrealized
Gains		Gross
Unrealized
Losses		Fair
Value
Agency mortgage backed securities$1,165  $100  $—  $1,265  
Total$1,165  $100  $—  $1,265  
The amortized cost and aggregate fair values of investments in held-to-maturity securities as of December 31, 2019 are as follows:
($ in thousands)

Held-to-maturity securities:
Amortized
Cost		Gross
Unrealized
Gains		Gross
Unrealized
Losses		Fair
Value
Agency mortgage backed securities$1,290  $55  $—  $1,345  
Total$1,290  $55  $—  $1,345  
Schedule of Amortized Cost and Aggregate Fair Value of Debt Securities, by Contractual Maturity
The amortized cost and aggregate fair value of debt securities at June 30, 2020, by contractual maturity, are presented in the following table.  Expected maturities will differ from contractual maturities because issuers may have the right to call or prepay obligations with or without call or prepayment penalties.
($ in thousands)Amortized
Cost		Fair
Value
Available-for-sale securities:
Due in one year or less$760  $754  
Due after one year through five years17,149  17,920  
Due after five years through ten years28,162  29,423  
Due after ten years48,502  51,526  
Total$94,573  $99,623  
Held-to-maturity securities:  
Due after one year through five years$23  $24  
Due after five years through ten years4  4  
Due after ten years1,138  1,237  
Total$1,165  $1,265  
Schedule of Securities with Unrealized Losses
A summary of securities available-for-sale with unrealized losses as of June 30, 2020, along with the related fair value, aggregated by the length of time that investments have been in a continuous unrealized loss position, is as follows:
($ in thousands)Less than 12 months12 months or longerTotal
June 30, 2020Fair
Value		Gross
Unrealized
Losses		Fair
Value		Gross
Unrealized
Losses		Fair
Value		Gross
Unrealized
Losses		Total
Securities in a Loss Position
Agency mortgage backed securities$1,251  $7  $7  $8  $1,258  $15  3
Asset backed securities3,924  277  1,259  222  5,183  499  7
Private label mortgage backed securities935  12  —  —  935  12  1
Corporate bonds5,718  338  486  14  6,204  352  12
Equity securities6  2  —  —  6  2  1
 $11,834  $636  $1,752  $244  $13,586  $880  24

There were no securities held-to-maturity with unrealized losses as of June 30, 2020.
A summary of securities available-for-sale with unrealized losses as of December 31, 2019, along with the related fair value, aggregated by the length of time that investments have been in a continuous unrealized loss position, is as follows:
($ in thousands)Less than 12 months12 months or longerTotal
December 31, 2019Fair
Value		Gross
Unrealized
Losses		Fair
Value		Gross
Unrealized
Losses		Fair
Value		Gross
Unrealized
Losses		Total
Securities in a Loss Position
Agency mortgage backed securities$5,663  $104  $1,751  $53  $7,414  $157  18
Asset backed securities4,241  33  1,579  71  5,820  104  9
Private label mortgage backed securities1,060  4  —  —  1,060  4  1
Corporate bonds6,363  54  1,484  16  7,847  70  14
States, municipalities and political subdivisions512  1  —  —  512  1  1
 $17,839  $196  $4,814  $140  $22,653  $336  43

There were no securities held-to-maturity with unrealized losses as of December 31, 2019.
Summary of Major Categories of Investment Income
Major categories of investment income are summarized as follows:
($ in thousands)Three months ended
June 30,		Six months ended
June 30,
2020201920202019
Fixed maturities$956  $934  $1,872  $1,871  
Equity securities31  20  72  47  
Mortgage loans on real estate2  2  4  4  
Investment real estate—  1  1  3  
Policy loans36  35  72  69  
Other(26) 4  (22) 7  
999  996  1,999  2,001  
Less: Investment expenses38  39  74  82  
Net investment income$961  $957  $1,925  $1,919  
Schedule of Realized Investments Gains (Losses)
Major categories of investment gains and losses are summarized as follows:
($ in thousands)Three months ended
June 30,		Six months ended
June 30,
2020201920202019
Realized gains on fixed maturities$133  $5  $16  $15  
Gains (losses) on trading securities19  5  (6) 8  
Change in fair value of equity securities104  26  (495) 152  
Change in surrender value of company owned life insurance291  81  40  270  
Realized gain on company owned life insurance—  —  —  1,792  
Other gains principally real estate1  —  3  —  
Net investment gains (losses)$548  $117  $(442) $2,237  
Schedule of Net Change in Unrealized Appreciation
An analysis of the net change in unrealized gains (losses) on available-for-sale securities follows:
($ in thousands)June 30,
2020		December 31, 2019
Fixed maturities$1,892  $4,910  
Deferred income tax(397) (1,031) 
Change in net unrealized gains on available-for-sale securities$1,495  $3,879