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CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2017
Dec. 31, 2016
Investments:    
Fixed maturity securities available-for-sale, at fair value (amortized cost $1,200,799 and $1,189,525) $ 1,225,128 $ 1,199,699
Equity securities available-for-sale, at fair value (cost $148,148 and $147,479) 221,651 213,839
Other long-term investments 14,929 12,506
Short-term investments 36,135 39,670
Total investments 1,497,843 1,465,714
Cash 315 307
Reinsurance receivables due from affiliate 21,163 21,326
Prepaid reinsurance premiums due from affiliate 14,927 9,309
Deferred policy acquisition costs (affiliated $40,875 and $40,660) 41,044 40,939
Prepaid pension and postretirement benefits due from affiliate 11,709 12,314
Accrued investment income 10,901 11,050
Amounts receivable under reverse repurchase agreements 16,500 20,000
Accounts receivable 1,892 2,076
Income taxes recoverable 543 0
Goodwill 942 942
Other assets (affiliated $3,504 and $4,632) 4,618 4,836
Total assets 1,622,397 1,588,813
LIABILITIES    
Losses and settlement expenses (affiliated $704,790 and $685,533) 709,491 690,532
Unearned premiums (affiliated $255,588 and $243,682) 256,362 244,885
Other policyholders' funds (all affiliated) 12,465 13,068
Surplus notes payable to affiliate 25,000 25,000
Amounts due affiliate to settle inter-company transaction balances 4,826 11,222
Pension benefits payable to affiliate 3,751 4,097
Income taxes payable 0 2,359
Deferred income taxes 17,728 11,321
Other liabilities (affiliated $19,571 and $27,871) 20,292 32,987
Total liabilities 1,049,915 1,035,471
STOCKHOLDERS' EQUITY    
Common stock, $1 par value, authorized 30,000,000 shares; issued and outstanding, 21,327,147 shares in 2017 and 21,222,535 shares in 2016 21,327 21,223
Additional paid-in capital 121,351 119,054
Accumulated other comprehensive income 59,380 46,081
Retained earnings 370,424 366,984
Total stockholders' equity 572,482 553,342
Total liabilities and stockholders' equity $ 1,622,397 $ 1,588,813