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

6 Months Ended

Jun. 30, 2016

Tables/Schedules

Fair Value, Assets Measured on Recurring Basis

		June 30, 2016
		Level 1		Level 2		Level 3		Total
FINANCIAL ASSETS:
Fixed maturities available-for-sale:
Corporate securities	$	-	$	238,873	$	-	$	238,873
CMOs - residential		-		2,898		-		2,898
US Government obligations		-		76,753		-		76,753
Agency MBS - residential		-		30		-		30
GSEs		-		10,478		-		10,478
States and political subdivisions		-		212,176		2,107		214,283
Foreign government obligations		-		5,708		-		5,708
Redeemable preferred stocks		11,112		-		-		11,112
Total fixed maturities		11,112		546,916		2,107		560,135
Equity securities available-for-sale:
Common stocks		5,262		-		-		5,262
Nonredeemable preferred stocks		3,679		-		-		3,679
Total equity securities		8,941		-		-		8,941
Trading securities - equities		1,216		-		-		1,216
Total trading securities		1,216		-		-		1,216
Total Financial Assets	$	21,269	$	546,916	$	2,107	$	570,292
FINANCIAL LIABILITIES:
Contingent liabilities	$	-	$	-	$	1,445	$	1,445
Total Financial Liabilities	$	-	$	-	$	1,445	$	1,445

		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