INDEPENDENCE HOLDING COMPANY CONDENSED CONSOLIDATED BALANCE SHEETS (June 30, 2014 Unaudited) (USD $) In Thousands, unless otherwise specified	Jun. 30, 2014		Dec. 31, 2013
Investments:
Short-term investments	$ 50		$ 50
Securities purchased under agreements to resell	19,260		22,594
Trading securities	11,600		7,125
Fixed maturities, available-for-sale	571,727		542,287
Equity securities, available-for-sale	12,962		11,803
Other investments	25,599		25,123
Total investments	641,198		608,982
Cash and cash equivalents	26,631		24,229
Deferred acquisition costs	30,106		29,777
Due and unpaid premiums	59,282		59,435
Due from reinsurers	331,649		380,229
Premium and claim funds	39,235		37,353
Goodwill	50,318		50,318
Other assets	60,446		78,712
TOTAL ASSETS	1,238,865		1,269,035
LIABILITIES:
Policy benefits and claims	233,992		237,754
Future policy benefits	283,036		287,449
Funds on deposit	234,863		274,826
Unearned premiums	12,639		12,423
Other policyholders' funds	22,629		25,129
Due to reinsurers	37,833		37,113
Accounts payable, accruals and other liabilities	77,681		71,889
Debt	6,000		6,000
Junior subordinated debt securities	38,146		38,146
TOTAL LIABILITIES	946,819		990,729
IHC STOCKHOLDERS' EQUITY:
Preferred stock		[1]		[1]
Common Stock	18,529	[2],[3]	18,524	[2],[4]
Paid-in capital	126,899		126,239
Accumulated other comprehensive income (loss)	(1,519)		(10,472)
Treasury stock, at cost	(11,039)	[5]	(8,169)	[6]
Retained earnings	149,555		142,669
TOTAL IHC STOCKHOLDERS' EQUITY	282,425		268,791
NONCONTROLLING INTERESTS IN SUBSIDIARIES	9,621		9,515
TOTAL EQUITY	292,046		278,306
TOTAL LIABILITIES AND EQUITY	$ 1,238,865		$ 1,269,035

[1] None issued.

[2] $1.00 par value.

[3] 23,000,000 shares authorized, 18,528,683 shares issued and 17,451,262 shares outstanding.

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

[5] 1,077,421 treasury shares

[6] 863,343 treasury shares