Note 12. Income Taxes: Schedule of Deferred Tax Assets and Liabilities (Tables)

12 Months Ended

Dec. 31, 2016

Tables/Schedules

Schedule of Deferred Tax Assets and Liabilities

		2016		2015
DEFERRED TAX ASSETS:
Unrealized losses on investment securities	$	3,851	$	1,935
Investment write-downs		596		205
Loss carryforwards		50,735		91,558
Insurance reserves		-		461
Other		4,322		3,287
Total gross deferred tax assets		59,504		97,446
Less AMIC valuation allowance		(35,918)		(74,087)
Net deferred tax assets		23,586		23,359
DEFERRED TAX LIABILITIES:
Deferred insurance policy acquisition costs		(114)		(111)
Insurance reserves		(4,947)		(4,180)
Goodwill and intangible assets		(5,274)		(6,119)
Other		(4,097)		(3,213)
Total gross deferred tax liabilities		(14,432)		(13,623)
Net deferred tax asset	$	9,154	$	9,736