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Consolidated Statements of Comprehensive Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Premiums:    
Life insurance $ 38,261 $ 36,934
Accident and health insurance 414 358
Property insurance (2) 957
Net investment income 17,487 17,074
Investment related gains (losses), net 963 (288)
Other income 589 879
Total revenues 57,712 55,914
Insurance benefits paid or provided:    
Claims and surrenders 33,113 30,299
Increase (decrease) in future policy benefit reserves 451 (978)
Policyholder liability remeasurement (gain) loss 319 880
Policyholders' dividends 1,237 1,108
Total insurance benefits paid or provided 35,120 31,309
Commissions 10,450 9,013
Other general expenses 11,338 11,260
Capitalization of deferred policy acquisition costs (8,331) (6,358)
Amortization of deferred policy acquisition costs 4,038 3,814
Amortization of cost of insurance acquired 172 161
Total benefits and expenses 52,787 49,199
Net income (loss) before taxes 4,925 6,715
Federal income tax expense (benefit) 383 1,843
Net income (loss) 4,542 4,872
Unrealized gains (losses) on available-for-sale debt securities:    
Unrealized holding gains (losses) arising during period (13,416) 43,436
Reclassification adjustment for losses (gains) included in net income 448 38
Unrealized gains (losses) on fixed maturity securities, net (12,968) 43,474
Change in current discount rate for liability for future policy benefits 33,995 (20,480)
Income tax expense (benefit) on other comprehensive income items 2,642 1,415
Other comprehensive income (loss) 18,385 21,579
Comprehensive income (loss) $ 22,927 $ 26,451
Common Stock Class A [Member]    
Insurance benefits paid or provided:    
Earnings Per Share, Basic $ 0.09 $ 0.10
Earnings Per Share, Diluted $ 0.09 $ 0.10