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CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2017
Dec. 31, 2016
Investments:    
Fixed maturity securities available-for-sale, at fair value (amortized cost $1,183,078 and $1,189,525) $ 1,198,293 $ 1,199,699
Equity securities available-for-sale, at fair value (cost $155,612 and $147,479) 230,202 213,839
Other long-term investments 16,183 12,506
Short-term investments 25,530 39,670
Total investments 1,470,208 1,465,714
Cash 449 307
Reinsurance receivables due from affiliate 21,497 21,326
Prepaid reinsurance premiums due from affiliate 10,344 9,309
Deferred policy acquisition costs (affiliated $39,755 and $40,660) 39,916 40,939
Amounts due from affiliate to settle inter-company transaction balances 913 0
Prepaid pension and postretirement benefits due from affiliate 11,984 12,314
Accrued investment income 12,131 11,050
Amounts receivable under reverse repurchase agreements 16,500 20,000
Accounts receivable 2,063 2,076
Goodwill 942 942
Other assets (affiliated $4,022 and $4,632) 4,663 4,836
Total assets 1,591,610 1,588,813
LIABILITIES    
Losses and settlement expenses (affiliated $690,549 and $685,533) 695,129 690,532
Unearned premiums (affiliated $245,703 and $243,682) 246,480 244,885
Other policyholders' funds (all affiliated) 13,618 13,068
Surplus notes payable to affiliate 25,000 25,000
Amounts due affiliate to settle inter-company transaction balances 0 11,222
Pension benefits payable to affiliate 3,674 4,097
Income taxes payable 4,041 2,359
Deferred income taxes 15,409 11,321
Other liabilities (affiliated $16,839 and $27,871) 23,985 32,987
Total liabilities 1,027,336 1,035,471
STOCKHOLDERS' EQUITY    
Common stock, $1 par value, authorized 30,000,000 shares; issued and outstanding, 21,234,887 shares in 2017 and 21,222,535 shares in 2016 21,235 21,223
Additional paid-in capital 119,244 119,054
Accumulated other comprehensive income 54,435 46,081
Retained earnings 369,360 366,984
Total stockholders' equity 564,274 553,342
Total liabilities and stockholders' equity $ 1,591,610 $ 1,588,813