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

9 Months Ended

Sep. 30, 2013

Tables/Schedules

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

		September 30, 2013
		Level 1		Level 2		Level 3		Total
FINANCIAL ASSETS:
Fixed maturities available-for-sale:
Corporate securities	$	-	$	211,661	$	-	$	211,661
CMOs - residential		-		2,503		1,549		4,052
CMOs - commercial		-		-		572		572
US Government obligations		-		19,559		-		19,559
Agency MBS - residential		-		105		-		105
GSEs		-		31,405		-		31,405
States and political subdivisions		-		244,275		2,473		246,748
Foreign governments		-		28,788		-		28,788
Redeemable preferred stocks		3,817		-		-		3,817
Total fixed maturities		3,817		538,296		4,594		546,707
Equity securities available-for-sale:
Nonredeemable preferred stocks		5,605		-		-		5,605
Total equity securities		5,605		-		-		5,605
Trading securities - equities		6,394		-		-		6,394
Total trading securities		6,394		-		-		6,394
Total Financial Assets	$	15,816	$	538,296	$	4,594	$	558,706
FINANCIAL LIABILITIES:
Interest rate swap	$	-	$	221	$	-	$	221

		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