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Condensed Financial Information of Parent Company Only Disclosure: Condensed Balance Sheet (Parent Company Only) (Tables) (Parent Company)
12 Months Ended
Dec. 31, 2014
Parent Company
 
Condensed Balance Sheet (Parent Company Only)

 

SCHEDULE II

 

INDEPENDENCE HOLDING COMPANY

CONDENSED BALANCE SHEETS (In thousands, except share data)

(PARENT COMPANY ONLY)

 

 

 

 

DECEMBER 31,

 

 

 

2014

 

 

2013

 

 

 

 

 

 

 

 

 

 

 

 

 

 

ASSETS:

 

 

 

 

 

 

Cash and cash equivalents

 

$

             389

 

$

               61

Fixed maturities, available-for-sale

 

 

          9,647

 

 

          2,406

Trading securities

 

 

          1,916

 

 

             944

Other investments

 

 

          1,146

 

 

          1,146

Investments in consolidated subsidiaries

 

 

     387,270

 

 

     356,378

Deferred tax assets, net

 

 

       11,414

 

 

       13,347

Goodwill

 

 

             228

 

 

             228

Other assets

 

 

               97

 

 

               69

 

 

 

 

 

 

 

TOTAL ASSETS

 

$

     412,107

 

$

     374,579

 

 

 

 

 

 

 

LIABILITIES AND STOCKHOLDERS' EQUITY

 

 

 

 

 

 

LIABILITIES:

 

 

 

 

 

 

Accounts payable and other liabilities

 

$

         7,140 

 

$

         6,403 

Amounts due to consolidated subsidiaries, net

 

 

       57,220 

 

 

      45,000 

Income taxes payable

 

 

         7,871 

 

 

         6,096 

Junior subordinated debt securities

 

 

       38,146 

 

 

      38,146 

Dividends payable

 

 

            628 

 

 

            628 

 

 

 

 

 

 

 

TOTAL LIABILITIES

 

 

    111,005 

 

 

       96,273 

 

 

 

 

 

 

 

STOCKHOLDERS' EQUITY:

 

 

 

 

 

 

Preferred stock (none issued)

 

 

                  - 

 

 

                  - 

Common stock (A)

 

 

       18,531 

 

 

       18,524 

Paid-in capital

 

 

    127,098 

 

 

    126,239 

Accumulated other comprehensive income (loss)

 

 

               22 

 

 

     (10,472)

Treasury stock, at cost (B)

 

 

     (12,141)

 

 

       (8,169)

Retained earnings

 

 

    157,667 

 

 

    142,669 

 

 

 

 

 

 

 

TOTAL IHC’S STOCKHOLDERS' EQUITY

 

 

    291,177 

 

 

    268,791 

NONCONTROLLING INTERESTS IN SUBSIDIARIES

 

 

         9,925 

 

 

         9,515 

 

 

 

 

 

 

 

TOTAL EQUITY

 

 

    301,102 

 

 

    278,306 

 

 

 

 

 

 

 

TOTAL LIABILITIES AND EQUITY

 

$

    412,107 

 

$

    374,579