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Consolidated Statements of Comprehensive Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
Premiums:        
Life insurance $ 44,502 $ 45,898 $ 127,795 $ 133,058
Accident and health insurance 350 323 1,018 915
Property insurance 1,157 1,208 3,464 3,615
Net investment income 15,039 13,587 44,150 41,169
Realized investment gains (losses), net 72 (498) 3,164 (1,251)
Other income 347 643 1,148 930
Total revenue 61,467 61,161 180,739 178,436
Insurance benefits paid or provided:        
Claims and surrenders 28,751 25,076 78,808 66,844
Increase in future policy benefit reserves 6,409 1,653 28,180 32,816
Policyholders' dividends 1,560 1,595 4,165 4,516
Total insurance benefits paid or provided 36,720 28,324 111,153 104,176
Commissions 8,879 8,656 25,147 26,284
Other general expenses 11,530 12,402 37,611 33,375
Capitalization of deferred policy acquisition costs (5,984) (5,561) (16,224) (17,164)
Amortization of deferred policy acquisition costs 7,835 11,412 21,043 26,218
Amortization of cost of customer relationships acquired 355 366 1,192 1,517
Total benefits and expenses 59,335 55,599 179,922 174,406
Income (loss) before federal income tax 2,132 5,562 817 4,030
Federal income tax expense (benefit) 86 12,671 7,138 13,660
Net income (loss) 2,046 (7,109) (6,321) (9,630)
Unrealized gains (losses) on available-for-sale debt securities:        
Unrealized holding gains (losses) arising during period 24,201 (2,236) 84,222 (32,663)
Reclassification adjustments for losses (gains) included in net income (53) 656 (30) 1,002
Unrealized gains (losses) on available-for-sale debt securities, net 24,148 (1,580) 84,192 (31,661)
Income tax expense (benefit) on unrealized gains (losses) on available-for-sale securities 1,627 454 5,815 (5,852)
Other comprehensive income (loss) 22,521 (2,034) 78,377 (25,809)
Comprehensive income (loss) $ 24,567 $ (9,143) $ 72,056 $ (35,439)
Common Stock Class A [Member]        
Earnings Per Share [Abstract]        
Basic and diluted earnings (loss) per share (in dollars per share) $ 0.04 $ (0.14) $ (0.13) $ (0.19)
Common Stock Class B [Member]        
Earnings Per Share [Abstract]        
Basic and diluted earnings (loss) per share (in dollars per share) $ 0.02 $ (0.07) $ (0.06) $ (0.10)