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Consolidated Statement of Operations and Comprehensive Income (Loss) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Revenues    
Insurance revenues $ 2,120 $ 2,744
Net investment income 2,201 2,107
Net investment gains 574 90
Other revenues 26 49
Total Revenues 4,921 4,990
Benefits and expenses    
Policyholder benefits 1,954 3,095
Interest credit to policyholders 70 (48)
Operating costs and expenses 2,459 2,241
Amortization of deferred acquisition and sales inducement costs 371 374
Taxes, licenses and fees 189 197
Dividends to policyholders 18 18
Total Benefits and Expenses 5,061 5,877
Net loss before taxes (140) (887)
Tax expense (benefit) (2) 3
Net loss (138) (890)
Other Comprehensive Income (Loss), net of tax:    
Unrealized holding gains (losses) arising during the period (net of tax) 4,997 (4,847)
Adjustment to deferred acquisition costs (net of tax) (649) 582
Other Comprehensive Income (Loss) 4,348 (4,265)
Comprehensive Gain (Loss) $ 4,210 $ (5,155)
Basic loss per common share $ (0.04) $ (0.25)
Diluted loss per common share $ (0.04) $ (0.25)