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Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
Revenues:        
Interest sensitive product charges $ 32,534 $ 30,906 $ 63,800 $ 61,004
Traditional life insurance premiums 50,987 51,091 100,379 100,588
Net investment income 104,894 103,974 214,534 204,996
Net realized capital gains (losses) 377 841 10,534 (906)
Net other-than-temporary impairment losses recognized in earnings 0 0 (869) (1,040)
Other income 4,114 3,637 8,084 8,237
Total revenues 192,906 190,449 396,462 372,879
Benefits and expenses:        
Interest sensitive product benefits 65,223 62,637 135,819 123,982
Traditional life insurance benefits 41,960 43,725 88,635 89,181
Policyholder dividends 2,564 2,560 5,098 5,111
Underwriting, acquisition and insurance expenses 38,948 37,210 75,137 76,787
Interest expense 1,212 1,213 2,424 2,426
Other expenses 6,635 5,627 12,885 11,220
Total benefits and expenses 156,542 152,972 319,998 308,707
Income before equity method investments, income taxes and noncontrolling interest 36,364 37,477 76,464 64,172
Income taxes (5,511) (5,831) (11,787) (9,644)
Equity income, net of related income taxes 1,404 1,139 1,624 1,799
Net income 32,257 32,785 66,301 56,327
Net loss attributable to noncontrolling interest 41 18 40 41
Net income attributable to FBL Financial Group, Inc. $ 32,298 $ 32,803 $ 66,341 $ 56,368
Earnings per common share $ 1.30 $ 1.31 $ 2.68 $ 2.26
Earnings per common share - assuming dilution $ 1.30 $ 1.31 $ 2.68 $ 2.25