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

6 Months Ended

Jun. 30, 2013

Tables/Schedules

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

		June 30, 2013
		Level 1		Level 2		Level 3		Total
FINANCIAL ASSETS:
Fixed maturities available-for-sale:
Corporate securities	$	-	$	222,396	$	-	$	222,396
CMOs - residential		-		501		4,370		4,871
CMOs - commercial		-		-		571		571
US Government obligations		-		30,459		-		30,459
Agency MBS - residential		-		118		-		118
GSEs		-		31,971		-		31,971
States and political subdivisions		-		245,030		2,501		247,531
Foreign governments		-		31,612		-		31,612
Redeemable preferred stocks		3,998		-		-		3,998
Total fixed maturities		3,998		562,087		7,442		573,527
Equity securities available-for-sale:
Nonredeemable preferred stocks		5,594		-		-		5,594
Total equity securities		5,594		-		-		5,594
Trading securities - equities		7,997		-		-		7,997
Total trading securities		7,997		-		-		7,997
Total Financial Assets	$	17,589	$	562,087	$	7,442	$	587,118
FINANCIAL LIABILITIES:
Interest rate swap	$	-	$	318	$	-	$	318

		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