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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Cash flows from operating activities:      
Net income (loss) $ (3,579) $ (6,505) $ 4,793
Adjustments to reconcile net income to net cash provided by operating activities:      
Realized gains on sale of investments and other assets 5,459 19 247
Net deferred policy acquisition costs (7,765) (11,007) (10,887)
Amortization of cost of customer relationships acquired 2,317 2,182 2,408
Decrease in fair value of warrants     0
Depreciation 779 1,116 1,257
Amortization of premiums and discounts on investments 12,021 9,738 8,916
Deferred federal income tax expense (benefit) 4,043 (79,175) (3,733)
Change in:      
Accrued investment income (1,949) (1,110) (1,947)
Reinsurance recoverable 259 (31) 5,257
Due premiums (1,042) 432 (682)
Future policy benefit reserves 77,770 82,767 69,933
Other policyholders' liabilities 6,059 8,840 3,820
Federal income tax receivable (7,593) 78,207 860
Commissions payable and other liabilities 473 13,003 732
Other, net (99) (542) 440
Net cash provided by operating activities 87,153 97,934 81,414
Cash flows from investing activities:      
Sale of fixed maturities, available-for-sale 0 3,074 316
Maturities and calls of fixed maturities, available-for-sale 75,231 50,405 54,273
Maturities and calls of fixed maturities, held-to-maturity 20,395 20,991 38,413
Purchase of fixed maturities, available-for-sale (134,126) (128,906) (105,827)
Purchase of fixed maturities, held-to-maturity (55,360) (18,032) (75,365)
Sale of equity securities, available-for-sale 43,163 15,029 5,996
Calls of equity securities, available-for-sale 150 200 500
Purchase of equity securities, available-for-sale (602) (36,297) 0
Principal payments on mortgage loans 34 43 838
Increase in policy loans, net (6,134) (5,164) (5,875)
Sale of other long-term investments 60 2 2
Purchase of other long-term investments 0 (4) (86)
Purchase of property and equipment (590) (481) (393)
Maturity of short-term investments 0 0 2,872
Purchase of short-term investments (255) 0 (531)
Cash used in acquisition, net 0 (4,810) 0
Net cash used in investing activities (58,034) (103,950) (84,867)
Cash flows from financing activities:      
Annuity deposits 8,103 7,243 6,296
Annuity withdrawals (5,103) (5,112) (4,549)
Net cash provided by financing activities 3,000 2,131 1,747
Net increase (decrease) in cash and cash equivalents 32,119 (3,885) (1,706)
Cash and cash equivalents at beginning of year 50,708 54,593 56,299
Cash and cash equivalents at end of year 82,827 50,708 54,593
Cash paid during the year for income taxes $ 4,522 $ 4,670 $ 5,011