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Consolidated Statements of Financial Position (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2023
Dec. 31, 2022
Investments:    
Fixed maturity securities available-for-sale, at fair value (amortized cost: $1,385,121 and $1,381,318 in 2023 and 2022, respectively) $ 1,206,483 $ 1,179,619
Equity securities, at fair value 11,710 11,590
Policy loans 77,944 78,773
Other long-term investments (portion measured at fair value $76,999 and $66,846 in 2023 and 2022, respectively) 77,262 69,558
Short-term Investments 249 1,241
Total investments 1,373,648 1,340,781
Cash and cash equivalents 20,914 22,973
Accrued investment income 17,054 17,131
Reinsurance recoverable 4,045 4,560
Deferred policy acquisition costs 168,341 162,927
Cost of insurance acquired 10,333 10,647
Current federal income tax receivable 1,562 601
Property and equipment, net 12,188 12,926
Due premiums 9,244 11,829
Other assets (less allowance for losses of $328 and $347 in 2023 and 2022, respectively) 6,665 6,328
Total assets 1,623,994 1,590,703
Future policy benefits reserves:    
Life insurance 1,211,320 1,198,647
Accident and health 926 767
Total future policy benefit reserves 1,212,246 1,199,414
Annuities 127,485 121,422
Dividend accumulations 43,384 41,663
Premiums paid in advance 36,432 36,384
Policy claims payable 6,569 9,884
Other policyholders' funds 7,257 7,501
Total policyholder funds 221,127 216,854
Total policy liabilities 1,433,373 1,416,268
Commissions payable 1,972 1,967
Deferred federal income tax liability 4,736 3,653
Other liabilities 37,067 41,025
Total liabilities 1,477,148 1,462,913
Commitments and contingencies (Note 8)
Stockholders' equity:    
Retained earnings 27,307 16,309
Accumulated other comprehensive income (loss) (128,363) (137,044)
Treasury stock, at cost (23,525) (22,806)
Total stockholders' equity 146,846 127,790
Total liabilities and stockholders' equity 1,623,994 1,590,703
Common Stock Class A [Member]    
Stockholders' equity:    
Common stock 268,243 268,147
Common Stock Class B [Member]    
Stockholders' equity:    
Common stock $ 3,184 $ 3,184