Note 6. Fair Value Disclosures: Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis (Tables)

3 Months Ended

Mar. 31, 2013

Tables/Schedules

Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis

		March 31, 2013
		Level 1		Level 2		Level 3		Total
FINANCIAL ASSETS:
Fixed maturities available-for-sale:
Corporate securities	$	-	$	352,485	$	-	$	352,485
CMOs - residential		-		5,277		9,755		15,032
CMOs - commercial		-		-		576		576
US Government obligations		-		25,317		-		25,317
Agency MBS - residential		-		359		-		359
GSEs		-		36,385		-		36,385
States and political subdivisions		-		279,211		2,529		281,740
Foreign governments		-		45,026		-		45,026
Redeemable preferred stocks		8,341		-		-		8,341
Total fixed maturities		8,341		744,060		12,860		765,261
Equity securities available-for-sale:
Nonredeemable preferred stocks		8,288		-		-		8,288
Total equity securities		8,288		-		-		8,288
Trading securities - equities		6,546		-		-		6,546
Total trading securities		6,546		-		-		6,546
Total Financial Assets	$	23,175	$	744,060	$	12,860	$	780,095
FINANCIAL LIABILITIES:
Interest rate swap	$	-	$	340	$	-	$	340

		December 31, 2012
		Level 1		Level 2		Level 3		Total
FINANCIAL ASSETS:
Fixed maturities available-for-sale:
Corporate securities	$	-	$	353,823	$	-	$	353,823
CMOs - residential		-		6,041		14,053		20,094
CMOs - commercial		-		-		570		570
US Government obligations		-		18,866		-		18,866
Agency MBS - residential		-		428		-		428
GSEs		-		49,606		-		49,606
States and political subdivisions		-		265,667		2,558		268,225
Redeemable preferred stocks		7,990		-		-		7,990
Total fixed maturities		7,990		694,431		17,181		719,602
Equity securities available-for-sale:
Nonredeemable preferred stocks		15,598		-		-		15,598
Total equity securities		15,598		-		-		15,598
Trading securities - equities		7,016		-		-		7,016
Total trading securities		7,016		-		-		7,016
Total Financial Assets	$	30,604	$	694,431	$	17,181	$	742,216
FINANCIAL LIABILITIES:
Interest rate swap	$	-	$	363	$	-	$	363