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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2015
Dec. 31, 2014
Fixed maturities    
Held-to-maturity, at amortized cost (fair value $359 in 2015 and $404 in 2014) $ 356 $ 397
Available-for-sale, at fair value (amortized cost $2,770,857 in 2015 and $2,773,566 in 2014) 2,811,361 2,843,079
Trading securities, at fair value (amortized cost $14,350 in 2015 and $14,363 in 2014) 16,388 16,862
Equity securities    
Available-for-sale, at fair value (cost $72,157 in 2015 and $71,651 in 2014) 244,547 245,843
Trading securities, at fair value (cost $3,445 in 2015 and $3,708 in 2014) 3,599 4,066
Mortgage loans 4,082 4,199
Policy loans 5,702 5,916
Other long-term investments 50,656 50,424
Short-term investments 175 175
Total investments 3,136,866 3,170,961
Cash and cash equivalents 93,382 90,574
Accrued investment income 25,190 25,989
Premiums receivable (net of allowance for doubtful accounts of $804 in 2015 and $618 in 2014) 302,806 249,030
Deferred policy acquisition costs 159,073 139,719
Property and equipment (primarily land and buildings, at cost, less accumulated depreciation of $44,202 in 2015 and $41,492 in 2014) 50,112 49,247
Reinsurance receivables and recoverables 73,892 86,810
Prepaid reinsurance premiums 3,974 3,632
Income taxes receivable 6,042 0
Goodwill and intangible assets 25,893 26,278
Other assets 14,253 14,449
TOTAL ASSETS 3,891,483 3,856,689
Future policy benefits and losses, claims and loss settlement expenses    
Property and casualty insurance 999,032 969,437
Life insurance 1,389,430 1,447,764
Unearned premiums 431,773 378,725
Accrued expenses and other liabilities 224,523 212,577
Income taxes payable 0 5,012
Deferred income taxes 14,785 25,759
TOTAL LIABILITIES 3,059,543 3,039,274
Stockholders’ Equity    
Common stock, $0.001 par value; authorized 75,000,000 shares; 25,048,114 and 25,019,415 shares issued and outstanding in 2015 and 2014, respectively 25 25
Additional paid-in capital 203,489 202,676
Retained earnings 551,735 523,541
Accumulated other comprehensive income, net of tax 76,691 91,173
TOTAL STOCKHOLDERS’ EQUITY 831,940 817,415
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 3,891,483 $ 3,856,689