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Segment Information (Tables)

3 Months Ended

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
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-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

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