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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Cash flows from operating activities:    
Net income (loss) $ 14,591 $ 14,912
Adjustments to reconcile net income to net cash provided by operating activities:    
Investment related gains (losses), net of sales of investments and other assets (140) 2,626
Net deferred policy acquisition costs (20,902) (23,867)
Amortization of cost of customer relationships acquired 451 597
Depreciation 741 619
Amortization of premiums and discounts on investments 4,436 5,116
Stock-based compensation 2,774 1,517
Deferred federal income tax expense (benefit) 1,467 (1,800)
Change in:    
Accrued investment income (695) (186)
Reinsurance recoverable (3,933) (2,950)
Due premiums 422 (457)
Future policy benefit reserves (10,795) (423)
Other policyholders' liabilities 32,022 22,476
Federal income tax receivable (476) 1,398
Commissions payable and other liabilities (1,332) 13,754
Other, net (645) (1,414)
Net cash provided by operating activities 17,986 31,918
Cash flows from investing activities:    
Sale of fixed maturities, available-for-sale 94,668 15,161
Maturities and calls of fixed maturities, available-for-sale 40,573 51,234
Purchase of fixed maturities, available-for-sale (170,432) (84,412)
Purchases of equity securities (120) 0
Sales of equity securities 4,482 0
Principal payments on mortgage loans 9 9
(Increase) decrease in policy loans, net 3,761 4,143
Sale of other long-term investments 24,857 3,565
Purchase of other long-term investments and real estate (17,023) (16,210)
Purchase of property and equipment (447) (663)
Net cash used in investing activities (19,672) (27,173)
Cash flows from financing activities:    
Annuity deposits 2,419 7,500
Annuity withdrawals (6,750) (9,578)
Other share repurchases (278) (393)
Net cash provided by financing activities (4,609) (2,471)
Net increase (decrease) in cash and cash equivalents (6,295) 2,274
Cash and cash equivalents at beginning of year 29,271 26,997
Cash and cash equivalents at end of year $ 22,976 $ 29,271