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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Cash flows from operating activities:    
Net income $ 6,077,000 $ 1,853,000
Adjustments to reconcile net income to net cash provided by (used in) operating activities:    
Realized (gains) losses on sale of investments and other assets (742,000) 1,776,000
Net deferred policy acquisition costs 1,100,000 (1,833,000)
Amortization of cost of customer relationships acquired 1,629,000 1,588,000
Depreciation 763,000 600,000
Amortization of premiums and discounts on investments 12,398,000 10,709,000
Deferred federal income tax benefit (2,975,000) (6,616,000)
Change in:    
Accrued investment income (340,000) (1,333,000)
Reinsurance recoverable (55,000) 484,000
Due premiums 1,947,000 882,000
Future policy benefit reserves 51,876,000 51,559,000
Other policyholders' liabilities 5,619,000 3,241,000
Federal income tax receivable 2,532,000 7,254,000
Commissions payable and other liabilities (10,307,000) (317,000)
Other, net (663,000) (670,000)
Net cash provided by operating activities 68,859,000 69,177,000
Cash flows from investing activities:    
Sale of fixed maturities, available-for-sale 508,000 0
Maturities and calls of fixed maturities, available-for-sale 65,456,000 44,301,000
Maturities and calls of fixed maturities, held-to-maturity 7,685,000 9,790,000
Purchase of fixed maturities, available-for-sale (135,538,000) (165,539,000)
Purchase of fixed maturities, held-to-maturity 0 (5,507,000)
Sale of equity securities, available-for-sale 1,940,000 403,000
Calls of equity securities, available-for-sale 450,000 422,000
Principal payments on mortgage loans 35,000 357,000
Increase in policy loans, net (4,543,000) (4,548,000)
Sale of other long-term investments 3,040,000 1,000
Purchase of other long-term investments 0 36,000
Sale of property and equipment 41,000 59,000
Purchase of property and equipment (1,223,000) (978,000)
Maturity of short-term investments 500,000 250,000
Purchase of short-term investments 0 522,000
Net cash used in investing activities (61,649,000) (121,547,000)
Cash flows from financing activities:    
Annuity deposits 7,240,000 6,243,000
Annuity withdrawals (4,960,000) (4,438,000)
Net cash provided by financing activities 2,280,000 1,805,000
Net increase (decrease) in cash and cash equivalents 9,490,000 (50,565,000)
Cash and cash equivalents at beginning of year 35,510,000 82,827,000
Cash and cash equivalents at end of period 45,000,000 32,262,000
Supplemental Disclosures of Operation Activities    
Cash paid (received) during the period for income taxes, net $ 515,000 $ 2,234,000