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Consolidated Statements of Financial Position (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2024
Dec. 31, 2023
Investments:    
Fixed maturity securities available-for-sale, at fair value (amortized cost: $1,391,580 and $1,389,038 in 2024 and 2023, respectively) $ 1,273,497 $ 1,238,981
Equity securities, at fair value 5,716 5,282
Policy loans 72,463 75,359
Other long-term investments (portion measured at fair value $93,167 and $82,460 in 2024 and 2023, respectively) 93,433 82,725
Total investments 1,445,109 1,402,347
Cash and cash equivalents 32,382 26,997
Accrued investment income 17,082 17,360
Reinsurance recoverable 7,278 3,991
Deferred policy acquisition costs 192,268 175,768
Cost of insurance acquired 9,566 10,043
Current federal income tax receivable 505 1,546
Property and equipment, net 10,975 11,809
Due premiums 10,090 11,264
Other assets (less allowance for losses of $574 and $408 in 2024 and 2023, respectively) 10,554 7,803
Total assets 1,735,809 1,668,928
Future policy benefits reserves:    
Total future policy benefit reserve 1,237,871 1,230,142
Annuities 145,838 133,216
Dividend accumulations 47,052 44,960
Premiums paid in advance 32,420 32,446
Policy claims payable 9,236 6,637
Other policyholders' funds 7,076 7,363
Total policyholder funds 241,622 224,622
Total policy liabilities 1,479,493 1,454,764
Commissions payable 3,843 3,445
Deferred federal income tax liability 2,367 1,102
Other liabilities 42,533 37,488
Total liabilities 1,528,236 1,496,799
Commitments and contingencies (Note 8)
Stockholders' equity:    
Retained earnings 53,441 42,150
Accumulated other comprehensive income (loss) (94,683) (118,155)
Treasury stock, at cost (23,725) (23,725)
Total stockholders' equity 207,573 172,129
Total liabilities and stockholders' equity 1,735,809 1,668,928
Life Insurance Product Line[Member]    
Future policy benefits reserves:    
Total future policy benefit reserve 1,236,873 1,229,253
Accident and Health Insurance Product Line    
Future policy benefits reserves:    
Total future policy benefit reserve 998 889
Common Stock Class A [Member]    
Stockholders' equity:    
Common stock 269,356 268,675
Common Stock Class B [Member]    
Stockholders' equity:    
Common stock $ 3,184 $ 3,184