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

12 Months Ended

Dec. 31, 2017

Parent Company

Condensed Balance Sheet

SCHEDULE II
INDEPENDENCE HOLDING COMPANY
CONDENSED BALANCE SHEETS (In thousands, except share data)
(PARENT COMPANY ONLY)
		DECEMBER 31,
		2017		2016
ASSETS:
Cash and cash equivalents	$	2,304	$	3,667
Short-term investments		-		3,500
Fixed maturities, available-for-sale		27,270		48,819
Investments in consolidated subsidiaries		445,697		425,677
Other assets		235		408
TOTAL ASSETS	$	475,506	$	482,071
LIABILITIES AND STOCKHOLDERS' EQUITY
LIABILITIES:
Accounts payable and other liabilities	$	8,886	$	8,732
Amounts due to consolidated subsidiaries, net		25,318		28,697
Income taxes payable		3,411		4,236
Dividends payable		1,583		1,082
Liabilities attributable to discontinued operations		-		68
TOTAL LIABILITIES		39,198		42,815
Redeemable noncontrolling interest		2,065		-
STOCKHOLDERS' EQUITY:
Preferred stock (none issued)(A)		-		-
Common stock (B)		18,625		18,620
Paid-in capital		124,538		126,468
Accumulated other comprehensive loss		(4,598)		(6,964)
Treasury stock, at cost (C)		(63,404)		(17,483)
Retained earnings		356,383		315,918
TOTAL IHC’S STOCKHOLDERS' EQUITY		431,544		436,559
NONREDEEMABLE NONCONTROLLING INTERESTS		2,699		2,697
TOTAL EQUITY		434,243		439,256
TOTAL LIABILITIES AND EQUITY	$	475,506	$	482,071