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Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2026
Dec. 31, 2025
Investments:    
Fixed maturity securities available-for-sale, at fair value (amortized cost: $1,431,586 and $1,432,454 in 2026 and 2025, respectively) $ 1,271,111 $ 1,287,861
Equity securities, at fair value 1,451 1,356
Policy loans 67,217 67,455
Other long-term investments (portion measured at fair value $86,308 and $85,157 in 2026 and 2025, respectively) 86,590 85,439
Total investments 1,426,369 1,442,111
Cash and cash equivalents (restricted portion: $1,554 in both 2026 and 2025) 18,520 22,976
Accrued investment income 18,564 18,241
Receivable for securities 1,875 90
Reinsurance recoverable 12,913 10,874
Deferred policy acquisition costs 224,502 220,537
Cost of insurance acquired 8,807 8,995
Current federal income tax receivable 427 624
Property and equipment, net 9,668 9,835
Due premiums 9,349 11,299
Other assets (less allowance for losses of $750 and $740 in 2026 and 2025, respectively) 8,506 9,178
Total assets 1,739,500 1,754,760
Future policy benefits reserves:    
Future policy benefit reserve 1,168,785 1,189,427
Annuities 181,175 175,569
Dividend accumulations 52,248 51,360
Premiums paid in advance 29,680 29,055
Policy claims payable 8,522 8,772
Other policyholders' funds 8,095 7,955
Total policyholder funds 279,720 272,711
Total policy liabilities 1,448,505 1,462,138
Commissions payable 4,505 4,186
Deferred federal income tax liability 6,219 5,996
Other liabilities 41,603 47,455
Total liabilities 1,500,832 1,519,775
Commitments and contingencies (Notes 7 and 8)
Stockholders' equity:    
Retained earnings 73,921 71,653
Accumulated other comprehensive income (loss) (87,483) (88,421)
Treasury stock, at cost (23,725) (23,725)
Total stockholders' equity 238,668 234,985
Total liabilities and stockholders' equity 1,739,500 1,754,760
Life Insurance Product Line    
Future policy benefits reserves:    
Future policy benefit reserve 1,167,386 1,188,089
Accident and Health Insurance Product Line    
Future policy benefits reserves:    
Future policy benefit reserve 1,399 1,338
Common Stock Class A    
Stockholders' equity:    
Common stock 272,771 272,294
Common Stock Class B    
Stockholders' equity:    
Common stock $ 3,184 $ 3,184