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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended 12 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Dec. 31, 2019
Cash Flows from Operating Activities          
Net income (loss) $ (778) $ 430 $ (6,364) $ 2,286 $ 4,067
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:          
Depreciation expense and amortization/accretion, net     221 201  
Net gains on investments (1,430) 117 (988) (2,120)  
Deferred income taxes     (425) (245)  
Amortization of deferred policy acquisition costs 836 805 2,749 2,624  
Changes in assets and liabilities:          
Change in receivable for securities sold     53 (41)  
Change in accrued investment income     5 (2)  
Change in reinsurance recoverable     (9,087) 1,456  
Policy acquisition costs deferred     (2,794) (2,705)  
Change in accrued income taxes     (1,543) 661  
Change in net policy liabilities and claims     5,762 442  
Change in other assets/liabilities, net     220 859  
Other, net     (29) 9  
Net cash provided by (used in) operating activities     (12,220) 3,425  
Cash Flows from Investing Activities          
Available-for-sale securities     (16,068) (12,198)  
Trading securities and short-term investments     (2) (26)  
Property and equipment     (32) (56)  
Held-to-maturity securities     295 105  
Available-for-sale securities     31,697 10,510  
Real estate held for investment     3 11  
Other invested assets, net     39 2,039  
Net cash provided by investing activities     15,932 385  
Cash Flows from Financing Activities          
Change in other policyholder funds     (9) (22)  
Dividends paid     (455) (379)  
Net cash used in financing activities     (464) (401)  
Net change in cash and cash equivalents     3,248 3,409  
Cash and cash equivalents, beginning of year     11,809 5,676 5,676
Cash and cash equivalents, end of period $ 15,057 $ 9,085 $ 15,057 $ 9,085 $ 11,809