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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended 12 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Dec. 31, 2019
Cash Flows from Operating Activities          
Net income (loss) $ (4,726) $ (587) $ (5,586) $ 1,856 $ 4,067
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:          
Depreciation expense and amortization/accretion, net     123 143  
Net (gains) losses on investments (548) (117) 442 (2,237)  
Deferred income taxes     (199) (170)  
Amortization of deferred policy acquisition costs 848 839 1,913 1,819  
Changes in assets and liabilities:          
Change in receivable for securities sold     54 0  
Change in accrued investment income     27 17  
Change in reinsurance recoverable     (8) 1,446  
Policy acquisition costs deferred     (1,968) (1,880)  
Change in accrued income taxes     (1,333) 470  
Change in net policy liabilities and claims     1,527 (485)  
Change in other assets/liabilities, net     (261) 472  
Other, net     (13) 5  
Net cash provided by (used in) operating activities     (5,282) 1,456  
Cash Flows from Investing Activities          
Available-for-sale securities     (13,194) (9,925)  
Trading securities and short-term investments     (2) (26)  
Property and equipment     (32) (3)  
Held-to-maturity securities     138 62  
Available-for-sale securities     15,739 6,650  
Real estate held for investment     3 11  
Other invested assets, net     9 2,014  
Net cash provided by (used in) investing activities     2,661 (1,217)  
Cash Flows from Financing Activities          
Change in other policyholder funds     (24) (35)  
Dividends paid     (304) (253)  
Net cash used in financing activities     (328) (288)  
Net change in cash and cash equivalents     (2,949) (49)  
Cash and cash equivalents, beginning of year     11,809 5,676 5,676
Cash and cash equivalents, end of period $ 8,860 $ 5,627 $ 8,860 $ 5,627 $ 11,809