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Consolidated Statements of Financial Position (Unaudited) - USD ($)
Mar. 31, 2023
Dec. 31, 2022
Investments:    
Fixed maturity securities available-for-sale, at fair value (amortized cost: $1,387,919 and $1,381,318 in 2023 and 2022, respectively) $ 1,229,691,000 $ 1,179,619,000
Equity securities, at fair value 11,899,000 11,590,000
Policy loans 78,659,000 78,773,000
Other long-term investments (portion measured at fair value $71,990 and $66,846 in 2023 and 2022, respectively) 72,254,000 69,558,000
Short-term Investments 1,244,000 1,241,000
Total investments 1,393,747,000 1,340,781,000
Cash and cash equivalents 18,924,000 22,973,000
Accrued investment income 16,958,000 17,131,000
Reinsurance recoverable 4,323,000 4,560,000
Deferred policy acquisition costs 165,471,000 162,927,000
Cost of insurance acquired 10,486,000 10,647,000
Current federal income tax receivable 0 601,000
Deferred tax asset, net 0 0
Property and equipment, net 12,592,000 12,926,000
Due premiums 9,181,000 11,829,000
Other assets (less allowance for losses of $359 and $347 in 2023 and 2022, respectively) 6,799,000 6,328,000
Total assets 1,638,481,000 1,590,703,000
Future policy benefits reserves:    
Life insurance 1,218,295,000 1,198,647,000
Accident and health 848,000 767,000
Total future policy benefit reserves 1,219,143,000 1,199,414,000
Annuities 124,528,000 121,422,000
Dividend accumulations 42,668,000 41,663,000
Premiums paid in advance 36,697,000 36,384,000
Policy claims payable 7,485,000 9,884,000
Other policyholders' funds 7,325,000 7,501,000
Total policyholder funds 218,703,000 216,854,000
Total policy liabilities 1,437,846,000 1,416,268,000
Commissions payable 1,948,000 1,967,000
Current federal income tax payable 537,000 0
Deferred federal income tax liability 5,775,000 3,653,000
Other liabilities 38,084,000 41,025,000
Total liabilities 1,484,190,000 1,462,913,000
Commitments and contingencies (Note 8)
Stockholders' equity:    
Retained earnings 21,181,000 16,309,000
Accumulated other comprehensive income (loss) (115,465,000) (137,044,000)
Treasury stock, at cost (22,806,000) (22,806,000)
Stockholders' equity 154,291,000 127,790,000
Total liabilities and stockholders' equity $ 1,638,481,000 $ 1,590,703,000
Common stock, shares issued (in shares) 4,937,000 4,937,000
Common Stock Class A [Member]    
Stockholders' equity:    
Common stock $ 268,197,000 $ 268,147,000
Common stock, shares issued (in shares) 3,935,581 3,935,581
Common Stock Class B [Member]    
Stockholders' equity:    
Common stock $ 3,184,000 $ 3,184,000
Common stock, shares issued (in shares) 1,001,714 1,001,714