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Fair Value Measurements (Tables)
6 Months Ended
Jun. 30, 2016
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]  
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block]
The following tables set forth our assets and liabilities that are measured at fair value on a recurring basis as of the dates indicated.
 
June 30, 2016
Available-for-sale investments
Level 1
 
Level 2
 
Level 3
 

Fair Value
 
(In thousands)
Financial assets:
 
 
 
 
 
 
 
Fixed maturities:
 
 
 
 
 
 
 
U.S. Treasury and U.S. Government-sponsored enterprises
$
13,113

 
9,029

 

 
22,142

States and political subdivisions

 
543,351

 

 
543,351

Corporate

 
267,065

 

 
267,065

Commercial mortgage-backed

 


 
108

 
108

Residential mortgage-backed

 
2,673

 

 
2,673

Foreign governments

 
134

 

 
134

Total fixed maturities
13,113

 
822,252

 
108

 
835,473

Equity securities:
 

 
 

 
 

 
 

Stock mutual funds
2,866

 

 

 
2,866

Bond mutual funds
18,752

 

 

 
18,752

Common stock
26

 

 

 
26

Preferred stock
1,590

 

 

 
1,590

Total equity securities
23,234

 

 

 
23,234

Total financial assets
$
36,347

 
822,252

 
108

 
858,707


 
December 31, 2015
Available-for-sale investments
Level 1
 
Level 2
 
Level 3
 

Fair Value
 
(In thousands)
Financial assets:
 
 
 
 
 
 
 
Fixed maturities:
 
 
 
 
 
 
 
U.S. Treasury and U.S. Government-sponsored enterprises
$
12,592

 
20,780

 

 
33,372

States and political subdivisions

 
483,049

 

 
483,049

Corporate

 
216,081

 

 
216,081

Commercial mortgage-backed

 

 
145

 
145

Residential mortgage-backed

 
2,870

 

 
2,870

Foreign governments

 
131

 

 
131

Total fixed maturities
12,592

 
722,911

 
145

 
735,648

Equity securities:
 

 
 

 
 

 
 

Stock mutual funds
3,033

 

 

 
3,033

Bond mutual funds
18,504

 

 

 
18,504

Common stock
43

 

 

 
43

Preferred stock
1,858

 

 

 
1,858

Total equity securities
23,438

 

 

 
23,438

Total financial assets
$
36,030

 
722,911

 
145

 
759,086

Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Table Text Block]
The following table presents additional information about fixed maturity securities measured at fair value on a recurring basis that are classified as Level 3 assets and for which we have utilized significant unobservable inputs to determine fair value.

June 30,
2016
 
December 31,
2015
 
(In thousands)
 
 
 
 
Balance at beginning of period
$
145

 
231

Total realized and unrealized gains (losses)


 
 

Included in net income

 

Included in other comprehensive income

 
(2
)
Principal paydowns
(37
)
 
(84
)
Transfer in and (out) of Level 3

 

Balance at end of period
$
108

 
145

Fair Value, by Balance Sheet Grouping [Table Text Block]
The carrying amount and fair value for the financial assets and liabilities on the consolidated balance sheets not otherwise disclosed for the periods indicated are as follows:
 
June 30, 2016
 
December 31, 2015
 
Carrying Value
 
Fair Value
 
Carrying Value
 
Fair Value
 
(In thousands)
Financial assets:
 
 
 
 
 
 
 
Fixed maturities, held-to-maturity
$
256,165

 
270,051

 
259,953

 
264,966

Mortgage loans
468

 
491

 
594

 
617

Policy loans
63,157

 
63,157

 
60,166

 
60,166

Short-term investments
521

 
521

 
251

 
251

Cash and cash equivalents
52,937

 
52,937

 
82,827

 
82,827

Financial liabilities:
 

 
 

 
 

 
 

Annuity - investment contracts
48,776

 
49,820

 
47,222

 
46,905