INDEPENDENCE HOLDING COMPANY CONDENSED CONSOLIDATED BALANCE SHEETS (March 31, 2014 Unaudited) (USD $) In Thousands, unless otherwise specified	Mar. 31, 2014		Dec. 31, 2013
Investments:
Short-term investments	$ 50		$ 50
Securities purchased under agreements to resell	34,971		22,594
Trading securities	10,594		7,125
Fixed maturities, available-for-sale	535,094		542,287
Equity securities, available-for-sale	11,995		11,803
Other investments	25,344		25,123
Total investments	618,048		608,982
Cash and cash equivalents	23,081		24,229
Deferred acquisition costs	29,857		29,777
Due and unpaid premiums	62,272		59,435
Due from reinsurers	380,002		380,229
Premium and claim funds	38,262		37,353
Goodwill	50,318		50,318
Other assets	86,178		78,712
TOTAL ASSETS	1,288,018		1,269,035
LIABILITIES:
Policy benefits and claims	236,656		237,754
Future policy benefits	287,309		287,449
Funds on deposit	274,090		274,826
Unearned premiums	13,833		12,423
Other policyholders' funds	25,014		25,129
Due to reinsurers	39,528		37,113
Accounts payable, accruals and other liabilities	80,867		71,889
Debt	6,000		6,000
Junior subordinated debt securities	38,146		38,146
TOTAL LIABILITIES	1,001,443		990,729
IHC STOCKHOLDERS' EQUITY:
Preferred stock		[1]		[1]
Common Stock	18,524	[2],[3]	18,524	[2],[4]
Paid-in capital	126,335		126,239
Accumulated other comprehensive income (loss)	(4,954)		(10,472)
Treasury stock, at cost	(9,432)	[5]	(8,169)	[6]
Retained earnings	146,357		142,669
TOTAL IHC STOCKHOLDERS' EQUITY	276,830		268,791
NONCONTROLLING INTERESTS IN SUBSIDIARIES	9,745		9,515
TOTAL EQUITY	286,575		278,306
TOTAL LIABILITIES AND EQUITY	$ 1,288,018		$ 1,269,035

[1] None issued.

[2] $1.00 par value.

[3] 23,000,000 shares authorized, 18,523,733 shares issued and 17,563,618 shares outstanding.

[4] 23,000,000 shares authorized, 18,523,733 shares issued and 17,660,390 shares outstanding.

[5] 960,115 treasury shares

[6] 863,343 treasury shares