Federal Income Taxes (Tables)

9 Months Ended

Sep. 30, 2012

Notes to Financial Statements [Abstract]

Reconciliation of effective tax rate differences

			For the Three						For the Nine
			Months Ended						Months Ended
			September 30,						September 30,
			2012			2011			2012			2011
Tax rate times pre-tax income			$	146		$	54		$	409		$	347
Effect of:
	Tax-preferred investment income			(32)			(47)			(101)			(107)
	Tax credits			(17)			(14)			(38)			(35)
	Change in uncertain tax positions			(83)			-			(83)			-
	Other items			31			1			37			9
		Federal income tax expense (benefit)	$	45		$	(6)		$	224		$	214
Effective tax rate				11	%		-4	%		19	%		22	%

Reconciliation of unrecognized tax benefits

			For the Nine
			Months Ended
			September 30,
			2012		2011
Balance as of beginning-of-year			$	316	$	318
	Decreases for prior year tax positions			(200)		(12)
	Increases for current year tax positions			27		2
	Decreases for lapse of statute of limitations			(74)		-
		Balance as of end-of-period	$	69	$	308

- Definition

Tabular disclosure of tax positions taken in the tax returns filed or to be filed for which it is more likely than not that the tax position will not be sustained upon examination by taxing authorities (i.e., uncertain tax positions) and other types of income tax contingencies, including: (1) the policy on classification of interest and penalties; (2) a tabular reconciliation of the total amounts of unrecognized tax benefits at the beginning and end of the period; the total amount(s) of: (3) unrecognized tax benefits that, if recognized, would affect the effective tax rate, and (4) interest and penalties recognized in each of the income statement and balance sheet; (5) for positions for which it is reasonably possible that the total amounts unrecognized will significantly change within 12 months of the reporting date the: (i) nature of the uncertainty, (ii) nature of the event that could occur that would cause the change, and (iii) an estimate of the range of the reasonably possible change or a statement that an estimate of the range cannot be made; and (6) a description of tax years that remain subject to examination by major tax jurisdictions.

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