Condensed Financial Information of Parent Company Only Disclosure: Condensed Balance Sheet (Tables)

12 Months Ended

Dec. 31, 2015

Parent Company

Condensed Balance Sheet

SCHEDULE II
INDEPENDENCE HOLDING COMPANY
CONDENSED BALANCE SHEETS (In thousands, except share data)
(PARENT COMPANY ONLY)
		DECEMBER 31,
		2015		2014
ASSETS:
Cash and cash equivalents	$	512	$	389
Fixed maturities, available-for-sale		24,549		9,647
Trading securities		620		1,916
Other investments		1,146		1,146
Investments in consolidated subsidiaries		368,836		395,780
Deferred tax assets, net		3,730		11,414
Goodwill		228		228
Other assets		131		97
TOTAL ASSETS	$	399,752	$	420,617
LIABILITIES AND STOCKHOLDERS' EQUITY
LIABILITIES:
Accounts payable and other liabilities	$	8,182	$	7,140
Amounts due to consolidated subsidiaries, net		12,417		57,220
Income taxes payable		7,494		7,871
Junior subordinated debt securities		38,146		38,146
Dividends payable		809		628
TOTAL LIABILITIES		67,048		111,005
STOCKHOLDERS' EQUITY:
Preferred stock (none issued)		-		-
Common stock (A)		18,569		18,531
Paid-in capital		127,733		127,098
Accumulated other comprehensive income (loss)		(3,440)		22
Treasury stock, at cost (B)		(13,961)		(12,141)
Retained earnings		194,450		166,177
TOTAL IHC’S STOCKHOLDERS' EQUITY		323,351		299,687
NONCONTROLLING INTERESTS IN SUBSIDIARIES		9,353		9,925
TOTAL EQUITY		332,704		309,612
TOTAL LIABILITIES AND EQUITY	$	399,752	$	420,617