Note 5. Fair Value Disclosures: Fair Value, Assets Measured on Recurring Basis (Tables)

3 Months Ended

Mar. 31, 2016

Tables/Schedules

Fair Value, Assets Measured on Recurring Basis

		March 31, 2016
		Level 1		Level 2		Level 3		Total
FINANCIAL ASSETS:
Fixed maturities available-for-sale:
Corporate securities	$	-	$	179,888	$	-	$	179,888
CMOs - residential		-		3,049		-		3,049
US Government obligations		-		125,312		-		125,312
Agency MBS - residential		-		33		-		33
GSEs		-		10,509		-		10,509
States and political subdivisions		-		193,385		2,143		195,528
Foreign government obligations		-		2,371		-		2,371
Redeemable preferred stocks		3,948		-		-		3,948
Total fixed maturities		3,948		514,547		2,143		520,638
Equity securities available-for-sale:
Common stocks		5,057		-		-		5,057
Nonredeemable preferred stocks		3,657		-		-		3,657
Total equity securities		8,714		-		-		8,714
Trading securities - equities		1,190		-		-		1,190
Total trading securities		1,190		-		-		1,190
Total Financial Assets	$	13,852	$	514,547	$	2,143	$	530,542
FINANCIAL LIABILITIES:
Contingent liabilities	$	-	$	-	$	1,555	$	1,555
Total Financial Liabilities	$	-	$	-	$	1,555	$	1,555

		December 31, 2015
		Level 1		Level 2		Level 3		Total
FINANCIAL ASSETS:
Fixed maturities available-for-sale:
Corporate securities	$	-	$	166,846	$	-	$	166,846
CMOs - residential		-		3,056		-		3,056
CMOs - commercial		-		-		1,195		1,195
US Government obligations		-		44,794		-		44,794
Agency MBS - residential		-		35		-		35
GSEs		-		11,562		-		11,562
States and political subdivisions		-		192,487		2,179		194,666
Foreign government obligations		-		2,324		-		2,324
Redeemable preferred stocks		4,123		-		-		4,123
Total fixed maturities		4,123		421,104		3,374		428,601
Equity securities available-for-sale:
Common stocks		4,784		-		-		4,784
Nonredeemable preferred stocks		3,642		-		-		3,642
Total equity securities		8,426		-		-		8,426
Trading securities - equities		1,259		-		-		1,259
Total trading securities		1,259		-		-		1,259
Total Financial Assets	$	13,808	$	421,104	$	3,374	$	438,286
FINANCIAL LIABILITIES:
Interest rate swap	$	-	$	11	$	-	$	11
Contingent liabilities		-		-		1,650		1,650
Total Financial Liabilities	$	-	$	11	$	1,650	$	1,661