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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2022
Dec. 31, 2021
Investments    
Fixed maturities held-to-maturity, at amortized cost (estimated fair value: 2022 - $590; 2021 - $650) $ 581 $ 608
Fixed maturities available-for-sale, at estimated fair value (cost: 2022 - $92,236; 2021 - $92,186) 89,383 94,743
Equity securities, at estimated fair value (cost: 2022 - $1,609; 2021 - $1,609) 4,083 3,977
Trading securities 179 191
Receivable for securities sold 0 1,032
Mortgage loans on real estate, at cost 141 142
Investment real estate, at book value 2,671 2,671
Policy loans 1,769 1,767
Company owned life insurance 4,700 5,069
Other invested assets 1,472 1,619
Total Investments 104,979 111,819
Cash and cash equivalents 12,941 10,034
Accrued investment income 775 698
Policy receivables and agents' balances, net 14,903 14,379
Reinsurance recoverable 2,613 2,489
Deferred policy acquisition costs 7,227 7,332
Property and equipment, net 1,525 1,536
Income tax recoverable 218 280
Deferred income tax asset, net 3,250 2,403
Other assets 908 713
Total Assets 149,339 151,683
LIABILITIES AND SHAREHOLDERS' EQUITY    
Property and casualty benefit and loss reserves 9,217 8,930
Accident and health benefit and loss reserves 4,309 4,349
Life and annuity benefit and loss reserves 35,055 34,966
Unearned premiums 35,102 34,107
Policy and contract claims 1,189 1,210
Other policyholder funds 1,313 1,302
Short-term notes payable and current portion of long-term debt 500 500
Long-term debt 12,693 12,690
Other liabilities 9,622 9,827
Total Liabilities 109,000 107,881
Contingencies
Shareholders' equity    
Common stock 2,535 2,535
Additional paid-in capital 5,650 5,650
Accumulated other comprehensive income (loss) (2,253) 2,021
Retained earnings 34,450 33,639
Treasury stock, at cost (43) (43)
Total Shareholders' Equity 40,339 43,802
Total Liabilities and Shareholders' Equity $ 149,339 $ 151,683