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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Cash Flows from Operating Activities      
Net income (loss) $ (1,094) $ 595 $ (7,822)
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:      
Gain on sale of agency business (8,910)    
Depreciation and amortization 423 437 453
Amortization of bond premium and discount, net 523 655 568
Net realized investment (gains) losses (2,878) (8,126) (1,196)
Change in fair value of equity securities 2,020 (228) 427
Stock-based compensation expenses 218 706 959
Equity earnings in Affiliate, net of tax (824) (839) (386)
PPP Loan forgiveness (2,745) 0 0
Other 17 (262) (824)
(Increase) decrease in:      
Premiums, agents' balances and other receivables (811) 311 4,348
Reinsurance recoverables (15,335) 1,378 7,011
Prepaid reinsurance premiums (6,985) (66) 579
Other assets 925 571 (384)
Increase (decrease) in:      
Unpaid losses and loss adjustment expenses 27,815 4,024 14,439
Unearned premiums 9,045 4,721 (1,349)
Reinsurance premiums payable 5,318    
Accounts payable and other liabilities (1,367) (895) (1,462)
Net cash provided by operating activities 5,355 2,982 15,361
Cash Flows From Investing Activities      
Purchases of investments (226,794) (391,588) (157,235)
Proceeds from maturities and redemptions of investments 25,834 23,403 22,401
Proceeds from sales of investments 198,408 360,926 109,882
Proceeds from sale of agency business 4,000    
Dividends from Affiliate 1,000    
Other purchases (1,071) (78) (61)
Net cash provided by (used in) investing activities 1,377 (7,337) (25,013)
Cash Flows From Financing Activities      
Proceeds received from issuance of shares of common stock     5,000
Repurchase of common stock (12) (36) (676)
Borrowings under debt arrangements 3,000 5,745 2,100
Repayment of borrowings under debt arrangements (8,000) (625) (100)
Net cash provided by (used in) financing activities (5,012) 5,084 6,324
Net increase (decrease) in cash 1,720 729 (3,328)
Cash at beginning of period 8,193 7,464 10,792
Cash at end of period 9,913 8,193 7,464
Supplemental Disclosure of Cash Flow Information:      
Interest paid 2,883 2,586 2,547
Increase in note receivable from sale of agency business 6,000    
Income taxes paid (refunded), net $ 163 $ (82) $ 35