Note 11. Income Taxes: Schedule of Deferred Tax Assets and Liabilities (Tables)

12 Months Ended

Dec. 31, 2015

Tables/Schedules

Schedule of Deferred Tax Assets and Liabilities

		2015		2014
DEFERRED TAX ASSETS:
Deferred insurance policy acquisition costs	$	-	$	754
Unrealized losses on investment securities		1,935		-
Investment write-downs		205		165
Loss carryforwards		91,558		102,478
Insurance reserves		461		366
Other		5,614		7,126
Total gross deferred tax assets		99,773		110,889
Less AMIC valuation allowance		(74,087)		(74,087)
Net deferred tax assets		25,686		36,802
DEFERRED TAX LIABILITIES:
Deferred insurance policy acquisition costs		(111)		(10,712)
Insurance reserves		(4,180)		(6,856)
Unrealized gains on investment securities		-		(78)
Goodwill and intangible assets		(6,175)		(2,315)
Other		(3,968)		(2,864)
Total gross deferred tax liabilities		(14,434)		(22,825)
Net deferred tax asset	$	11,252	$	13,977