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

12 Months Ended

Dec. 31, 2016

Parent Company

Condensed Balance Sheet

SCHEDULE II
INDEPENDENCE HOLDING COMPANY
CONDENSED BALANCE SHEETS (In thousands, except share data)
(PARENT COMPANY ONLY)
		DECEMBER 31,
		2016		2015
ASSETS:
Cash and cash equivalents	$	3,667	$	512
Short-term investments		3,500		-
Trading securities		-		620
Fixed maturities, available-for-sale		48,819		24,549
Other  investments, at cost		-		1,146
Investments in consolidated subsidiaries		425,677		355,799
Other assets		408		359
Assets attributable to discontinued operations (Note 3)		-		13,037
TOTAL ASSETS	$	482,071	$	396,022
LIABILITIES AND STOCKHOLDERS' EQUITY
LIABILITIES:
Accounts payable and other liabilities	$	8,732	$	8,182
Amounts due to consolidated subsidiaries, net		28,697		12,417
Income taxes payable		4,236		3,674
Junior subordinated debt securities		-		38,146
Dividends payable		1,082		809
Liabilities attributable to discontinued operations (Note 3)		68		90
TOTAL LIABILITIES		42,815		63,318
STOCKHOLDERS' EQUITY:
Preferred stock (none issued)(A)		-		-
Common stock (B)		18,620		18,569
Paid-in capital		126,468		127,733
Accumulated other comprehensive loss		(6,964)		(3,440)
Treasury stock, at cost (C)		(17,483)		(13,961)
Retained earnings		315,918		194,450
TOTAL IHC’S STOCKHOLDERS' EQUITY		436,559		323,351
NONCONTROLLING INTERESTS IN SUBSIDIARIES		2,697		9,353
TOTAL EQUITY		439,256		332,704
TOTAL LIABILITIES AND EQUITY	$	482,071	$	396,022