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Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2016
Dec. 31, 2015
Fixed maturities    
Held-to-maturity, at amortized cost (fair value $655 in 2016 and $675 in 2015) $ 652 $ 672
Available-for-sale, at fair value (amortized cost $2,801,074 in 2016 and $2,793,069 in 2015) 2,916,464 2,824,961
Trading securities, at fair value (amortized cost $11,587 in 2016 and $11,475 in 2015) 13,253 12,622
Equity securities    
Available-for-sale, at fair value (cost $67,909 in 2016 and $68,514 in 2015) 251,101 236,247
Trading securities, at fair value (cost $4,410 in 2016 and $4,443 in 2015) 4,645 4,353
Mortgage loans 3,772 3,961
Policy loans 5,300 5,618
Other long-term investments 57,787 54,151
Short-term investments 175 175
Total investments 3,253,149 3,142,760
Cash and cash equivalents 140,944 106,449
Accrued investment income 27,007 25,136
Premiums receivable (net of allowance for doubtful accounts of $1,248 in 2016 and $867 in 2015) 331,242 276,517
Deferred policy acquisition costs 157,238 168,264
Property and equipment (primarily land and buildings, at cost, less accumulated depreciation of $50,043 in 2016 and $46,590 in 2015) 54,994 53,241
Reinsurance receivables and recoverables 87,159 73,527
Prepaid reinsurance premiums 4,002 3,790
Income taxes receivable 11,732 0
Goodwill and intangible assets 24,932 25,509
Other assets 14,638 15,183
TOTAL ASSETS 4,107,037 3,890,376
Future policy benefits and losses, claims and loss settlement expenses    
Property and casualty insurance 1,090,167 1,003,895
Life insurance 1,355,639 1,372,358
Unearned premiums 468,745 415,057
Accrued expenses and other liabilities 189,519 200,599
Income taxes payable 0 4,917
Deferred income taxes 43,787 14,653
TOTAL LIABILITIES 3,147,857 3,011,479
Stockholders’ Equity    
Common stock, $0.001 par value; authorized 75,000,000 shares; 25,357,605 and 25,151,428 shares issued and outstanding in 2016 and 2015, respectively 25 25
Additional paid-in capital 213,957 207,426
Retained earnings 610,672 591,009
Accumulated other comprehensive income, net of tax 134,526 80,437
TOTAL STOCKHOLDERS’ EQUITY 959,180 878,897
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 4,107,037 $ 3,890,376