XML 19 R8.htm IDEA: XBRL DOCUMENT v3.21.2
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Cash Flows from Operating Activities    
Net loss $ (317) $ (5,586)
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:    
Depreciation expense and amortization/accretion, net 143 123
Net (gains) losses on investments (741) 442
Deferred income taxes (60) (199)
Amortization of deferred policy acquisition costs 1,801 1,913
Changes in assets and liabilities:    
Change in receivable for securities sold 3 54
Change in accrued investment income (118) 27
Change in reinsurance recoverable 4,993 (8)
Policy acquisition costs deferred (2,078) (1,968)
Change in accrued income taxes (392) (1,333)
Change in net policy liabilities and claims 421 1,527
Change in other assets/liabilities, net 1,035 (261)
Other, net 12 (13)
Net cash provided by (used in) operating activities 4,702 (5,282)
Cash Flows from Investing Activities    
Available-for-sale securities (27,942) (13,194)
Trading securities and short-term investments (1) (2)
Property and equipment (3) (32)
Held-to-maturity securities 181 138
Available-for-sale securities 14,510 15,739
Real estate held for investment 0 3
Property and equipment 7 0
Other invested assets, net 59 9
Net cash provided by (used in) investing activities (13,189) 2,661
Cash Flows from Financing Activities    
Change in other policyholder funds 26 (24)
Dividends paid (304) (304)
Net cash used in financing activities (278) (328)
Net change in cash and cash equivalents (8,765) (2,949)
Cash and cash equivalents, beginning of period 19,887 11,809
Cash and cash equivalents, end of period $ 11,122 $ 8,860