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

12 Months Ended

Dec. 31, 2018

Parent Company

Condensed Balance Sheet

SCHEDULE II
INDEPENDENCE HOLDING COMPANY
CONDENSED BALANCE SHEETS (In thousands, except share data)
(PARENT COMPANY ONLY)
		DECEMBER 31,
		2018		2017
ASSETS:
Cash and cash equivalents	$	2,700	$	2,304
Fixed maturities, available-for-sale		38,270		27,270
Investments in consolidated subsidiaries		456,304		445,697
Other assets		281		235
TOTAL ASSETS	$	497,555	$	475,506
LIABILITIES AND STOCKHOLDERS' EQUITY
LIABILITIES:
Accounts payable and other liabilities	$	10,005	$	8,886
Amounts due to consolidated subsidiaries, net		25,035		25,318
Income taxes payable		6,645		3,411
Dividends payable		2,256		1,583
TOTAL LIABILITIES		43,941		39,198
Redeemable noncontrolling interest		2,183		2,065
STOCKHOLDERS' EQUITY:
Preferred stock (none issued)(A)		-		-
Common stock (B)		18,625		18,625
Paid-in capital		124,395		124,538
Accumulated other comprehensive loss		(8,310)		(4,598)
Treasury stock, at cost (C)		(66,392)		(63,404)
Retained earnings		380,431		356,383
TOTAL IHC’S STOCKHOLDERS' EQUITY		448,749		431,544
NONREDEEMABLE NONCONTROLLING INTERESTS		2,682		2,699
TOTAL EQUITY		451,431		434,243
TOTAL LIABILITIES AND EQUITY	$	497,555	$	475,506