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INDEPENDENCE HOLDING COMPANY CONDENSED CONSOLIDATED BALANCE SHEETS (June 30, 2013 Unaudited) (USD $)
In Thousands, unless otherwise specified
Jun. 30, 2013
Dec. 31, 2012
Investments:    
Short-term investments $ 50 $ 50
Securities purchased under agreements to resell 10,588 33,956
Trading securities 7,997 7,016
Fixed maturities, available-for-sale 573,527 719,602
Equity securities, available-for-sale 5,594 15,598
Other investments 25,648 35,134
Total investments 623,404 811,356
Cash and cash equivalents 18,977 23,945
Deferred acquisition costs 29,624 33,401
Due and unpaid premiums 73,146 49,430
Due from reinsurers 383,848 166,880
Premium and claim funds 36,524 40,596
Goodwill 50,318 50,318
Other assets 77,548 86,382
TOTAL ASSETS 1,293,389 1,262,308
LIABILITIES:    
Claims and claim adjustment expenses-health 240,155 194,480
Future policy benefits-life and annuity 289,726 290,238
Funds on deposit 276,287 278,084
Unearned premiums 11,106 8,453
Other policyholders' funds 24,990 22,373
Due to reinsurers 45,454 48,192
Accounts payable, accruals and other liabilities 71,425 71,495
Debt 8,000 8,000
Junior subordinated debt securities 38,146 38,146
TOTAL LIABILITIES 1,005,289 959,461
IHC STOCKHOLDERS' EQUITY:    
Preferred stock    [1]    [1]
Common Stock 18,474 [2],[3] 18,462 [2],[4]
Paid-in capital 127,187 126,589
Accumulated other comprehensive income (loss) (3,459) 15,013
Treasury stock, at cost (7,431) [5] (4,533) [6]
Retained earnings 137,921 130,153
TOTAL IHC STOCKHOLDERS' EQUITY 272,692 285,684
NONCONTROLLING INTERESTS IN SUBSIDIARIES 15,408 17,163
TOTAL EQUITY 288,100 302,847
TOTAL LIABILITIES AND EQUITY $ 1,293,389 $ 1,262,308
[1] None issued.
[2] $1.00 par value.
[3] 23,000,000 shares authorized, 18,473,958 shares issued and 17,665,051 shares outstanding.
[4] 23,000,000 shares authorized, 18,461,992 shares issued and 17,932,954 shares outstanding.
[5] 808,907 treasury shares
[6] 529,038 treasury shares