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INCOME TAXES (Tables)
 9 Months Ended
Sep. 30, 2014
Income Tax Disclosure [Abstract]  
Reconciliation of income tax expense (benefit)
The actual income tax expense (benefit) for the three and nine months ended September 30, 2014 and 2013 differed from the “expected” income tax expense (benefit) for those periods (computed by applying the United States federal corporate tax rate of 35 percent to income before income tax expense (benefit)) as follows:
 
 
Three months ended 
 September 30,
 
Nine months ended 
 September 30,
 
 
2014
 
2013
 
2014
 
2013
Computed "expected" income tax expense
 
$
659

 
$
3,348

 
$
5,965

 
$
13,308

Increases (decreases) in tax resulting from:
 
 
 
 
 
 
 
 
Tax-exempt interest income
 
(757
)
 
(961
)
 
(2,559
)
 
(2,897
)
Dividends received deduction
 
(247
)
 
(221
)
 
(725
)
 
(638
)
Proration of tax-exempt interest and dividends received deduction
 
151

 
188

 
493

 
541

Other, net
 
(152
)
 
11

 
30

 
24

Income tax expense (benefit)
 
$
(346
)
 
$
2,365

 
$
3,204

 
$
10,338