INDEPENDENCE HOLDING COMPANY CONDENSED CONSOLIDATED BALANCE SHEETS (June 30, 2016 Unaudited) - USD ($) $ in Thousands		Jun. 30, 2016		Dec. 31, 2015
Investments:
Short-term investments		$ 50		$ 50
Securities purchased under agreements to resell		16,232		28,285
Trading securities		1,216		1,259
Fixed maturities, available-for-sale		560,135		428,601
Equity securities, available-for-sale		8,941		8,426
Other investments		20,294		21,538
Total investments		606,868		488,159
Cash and cash equivalents		26,624		17,500
Due and unpaid premiums		59,386		69,075
Due from reinsurers		488,337		483,073
Premium and claim funds		24,671		22,015
Goodwill		47,276		47,276
Other assets		44,718		57,934
Assets attributable to discontinued operations				12,931
TOTAL ASSETS		1,297,880		1,197,963
LIABILITIES:
Policy benefits and claims		247,568		245,443
Future policy benefits		233,603		270,624
Funds on deposit		150,040		173,350
Unearned premiums		11,747		10,236
Other policyholders' funds		9,695		11,822
Due to reinsurers		81,550		46,355
Accounts payable, accruals and other liabilities		60,406		64,109
Liabilities attributable to discontinued operations		2,410		(15)
Debt		4,025		5,189
Junior subordinated debt securities		38,146		38,146
TOTAL LIABILITIES		839,190		865,259
IHC STOCKHOLDERS' EQUITY:
Preferred stock	[1]
Common Stock		18,584	[2]	18,569	[3]
Paid-in capital		128,303		127,733
Accumulated other comprehensive income (loss)		4,054		(3,440)
Treasury stock, at cost		(15,753)	[4]	(13,961)	[5]
Retained earnings		304,075		194,450
TOTAL IHC STOCKHOLDERS' EQUITY		439,263		323,351
NONCONTROLLING INTERESTS IN SUBSIDIARIES		19,427		9,353
TOTAL EQUITY		458,690		332,704
TOTAL LIABILITIES AND EQUITY		$ 1,297,880		$ 1,197,963

[1] None issued.

[2] $1 par value; 23,000,000 shares authorized, 18,584,358 shares issued and 17,170,933 shares outstanding.

[3] $1 par value; 23,000,000 shares authorized, 18,569,183 shares issued and 17,265,758 shares outstanding.

[4] 1,413,425 treasury shares

[5] 1,303,425 treasury shares