XML 32 R4.htm IDEA: XBRL DOCUMENT v2.4.0.8
Consolidated Statements of Comprehensive Income (Unaudited) (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2014
Mar. 31, 2013
Premiums:    
Life insurance $ 41,397 $ 39,414
Accident and health insurance 351 349
Property insurance 1,265 1,177
Net investment income 9,906 8,389
Realized investment (losses) gains, net (56) 31
Other income 169 186
Total revenue 53,032 49,546
Insurance benefits paid or provided:    
Claims and surrenders 16,457 14,806
Increase in future policy benefit reserves 17,698 16,959
Policyholders' dividends 2,102 2,074
Total insurance benefits paid or provided 36,257 33,839
Commissions 9,910 9,058
Other general expenses 6,502 6,699
Capitalization of deferred policy acquisition costs (7,068) (6,362)
Amortization of deferred policy acquisition costs 5,209 4,626
Amortization of cost of customer relationships acquired 531 578
Total benefits and expenses 51,341 48,438
Income before federal income tax 1,691 1,108
Federal income tax expense 494 252
Net income 1,197 856
Unrealized gains on available-for-sale securities:    
Unrealized holding gains arising during period 14,096 96
Reclassification adjustments for gains (losses) included in net income 32 (31)
Unrealized gains on available-for-sale securities, net 14,128 65
Income tax expense on unrealized gains on available-for-sale securities 4,954 27
Other comprehensive income 9,174 38
Comprehensive income $ 10,371 $ 894
Common Stock Class A [Member]
   
Earnings Per Share [Abstract]    
Basic earnings per share (in dollars per share) $ 0.02 $ 0.02
Diluted earnings per share (in dollars per share) $ 0.02 $ 0.02
Common Stock Class B [Member]
   
Earnings Per Share [Abstract]    
Basic earnings per share (in dollars per share) $ 0.01 $ 0.01
Diluted earnings per share (in dollars per share) $ 0.01 $ 0.01