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INDEPENDENCE HOLDING COMPANY CONDENSED CONSOLIDATED BALANCE SHEETS (September 30, 2014 Unaudited) (USD $)
In Thousands, unless otherwise specified
Sep. 30, 2014
Dec. 31, 2013
Investments:    
Short-term investments $ 50 $ 50
Securities purchased under agreements to resell 16,413 22,594
Trading securities 11,370 7,125
Fixed maturities, available-for-sale 566,612 542,287
Equity securities, available-for-sale 13,121 11,803
Other investments 26,406 25,123
Total investments 633,972 608,982
Cash and cash equivalents 18,215 24,229
Deferred acquisition costs 30,302 29,777
Due and unpaid premiums 61,820 59,435
Due from reinsurers 280,023 380,229
Premium and claim funds 39,509 37,353
Goodwill 50,318 50,318
Other assets 54,244 78,712
TOTAL ASSETS 1,168,403 1,269,035
LIABILITIES:    
Policy benefits and claims 227,877 237,754
Future policy benefits 277,878 287,449
Funds on deposit 194,140 274,826
Unearned premiums 8,731 12,423
Other policyholders' funds 19,244 25,129
Due to reinsurers 37,999 37,113
Accounts payable, accruals and other liabilities 66,274 71,889
Debt 4,000 6,000
Junior subordinated debt securities 38,146 38,146
TOTAL LIABILITIES 874,289 990,729
IHC STOCKHOLDERS' EQUITY:    
Preferred stock    [1]    [1]
Common Stock 18,531 [2],[3] 18,524 [2],[4]
Paid-in capital 126,999 126,239
Accumulated other comprehensive income (loss) (3,195) (10,472)
Treasury stock, at cost (12,141) [5] (8,169) [6]
Retained earnings 154,256 142,669
TOTAL IHC STOCKHOLDERS' EQUITY 284,450 268,791
NONCONTROLLING INTERESTS IN SUBSIDIARIES 9,664 9,515
TOTAL EQUITY 294,114 278,306
TOTAL LIABILITIES AND EQUITY $ 1,168,403 $ 1,269,035
[1] None issued.
[2] $1.00 par value.
[3] 23,000,000 shares authorized, 18,531,158 shares issued and 17,371,040 shares outstanding.
[4] 23,000,000 shares authorized, 18,523,733 shares issued and 17,660,390 shares outstanding.
[5] 1,160,118 treasury shares
[6] 863,343 treasury shares