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v3.23.1

Segment Information (Tables) | 3 Months Ended
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Mar. 31, 2023
Segment Reporting [Abstract] |
Schedule of Segment Reporting Information, by Segment [Table Text Block] | The Company's Other Non-Insurance Enterprises is the only reportable difference between segments and consolidated operations.
| Life Insurance |  | Home Service Insurance |  | Other Non-Insurance Enterprises |  | Consolidated
Three Months Ended March 31, 2023 |  |  |
(In thousands) |  |  |
Revenues: |  |  |  |  |  |  |
Premiums | $ | 26,207 |  |  | 12,042 |  |  | — |  |  | 38,249 |
Net investment income | 13,311 |  |  | 3,470 |  |  | 293 |  |  | 17,074 |
Investment related gains (losses), net | (437) |  |  | 99 |  |  | 50 |  |  | (288) |
Other income (loss) | 879 |  |  | — |  |  | — |  |  | 879 |
Total revenues | 39,960 |  |  | 15,611 |  |  | 343 |  |  | 55,914 |
Benefits and expenses: |  |  |  |  |  |  |
Insurance benefits paid or provided: |  |  |  |  |  |  |
Claims and surrenders | 24,439 |  |  | 5,860 |  |  | — |  |  | 30,299 |
Increase (decrease) in future policy benefit reserves | (1,820) |  |  | 842 |  |  | — |  |  | (978) |
Policyholder liability remeasurement (gain) loss | 816 |  |  | 64 |  |  | — |  |  | 880 |
Policyholders' dividends | 1,101 |  |  | 7 |  |  | — |  |  | 1,108 |
Total insurance benefits paid or provided | 24,536 |  |  | 6,773 |  |  | — |  |  | 31,309 |
Commissions | 4,759 |  |  | 4,254 |  |  | — |  |  | 9,013 |
Other general expenses | 5,459 |  |  | 4,468 |  |  | 1,333 |  |  | 11,260 |
Capitalization of deferred policy acquisition costs | (4,360) |  |  | (1,998) |  |  | — |  |  | (6,358) |
Amortization of deferred policy acquisition costs | 3,162 |  |  | 652 |  |  | — |  |  | 3,814 |
Amortization of cost of insurance acquired | 32 |  |  | 129 |  |  | — |  |  | 161 |
Total benefits and expenses | 33,588 |  |  | 14,278 |  |  | 1,333 |  |  | 49,199 |
Income (loss) before federal income tax | $ | 6,372 |  |  | 1,333 |  |  | (990) |  |  | 6,715 |
| Life Insurance |  | Home Service Insurance |  | Other Non-Insurance Enterprises |  | Consolidated
Three Months Ended March 31, 2022 |  |  |
(In thousands) |  |  |
Revenues: |  |  |  |  |  |  |
Premiums | $ | 26,931 |  |  | 12,433 |  |  | — |  |  | 39,364 |
Net investment income | 11,971 |  |  | 3,244 |  |  | 272 |  |  | 15,487 |
Investment related gains (losses), net | (293) |  |  | (242) |  |  | (47) |  |  | (582) |
Other income (loss) | 1,088 |  |  | — |  |  | — |  |  | 1,088 |
Total revenues | 39,697 |  |  | 15,435 |  |  | 225 |  |  | 55,357 |
Benefits and expenses: |  |  |  |  |  |  |
Insurance benefits paid or provided: |  |  |  |  |  |  |
Claims and surrenders | 21,458 |  |  | 6,976 |  |  | — |  |  | 28,434 |
Increase in future policy benefit reserves | 1,376 |  |  | (1,262) |  |  | — |  |  | 114 |
Policyholder liability remeasurement (gain) loss | 414 |  |  | 254 |  |  | — |  |  | 668 |
Policyholders' dividends | 1,350 |  |  | 3 |  |  | — |  |  | 1,353 |
Total insurance benefits paid or provided | 24,598 |  |  | 5,971 |  |  | — |  |  | 30,569 |
Commissions | 3,806 |  |  | 3,867 |  |  | — |  |  | 7,673 |
Other general expenses | 5,691 |  |  | 4,350 |  |  | 989 |  |  | 11,030 |
Capitalization of deferred policy acquisition costs | (3,306) |  |  | (1,475) |  |  | — |  |  | (4,781) |
Amortization of deferred policy acquisition costs | 3,020 |  |  | 539 |  |  | — |  |  | 3,559 |
Amortization of cost of insurance acquired | 24 |  |  | 105 |  |  | — |  |  | 129 |
Total benefits and expenses | 33,833 |  |  | 13,357 |  |  | 989 |  |  | 48,179 |
Income (loss) before federal income tax | $ | 5,864 |  |  | 2,078 |  |  | (764) |  |  | 7,178 |

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- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8736-108599 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8813-108599 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI https://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8906-108599 + Details
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