Condensed Financial Information of Parent Company Only Disclosure: Condensed Income Statement (Tables)

12 Months Ended

Dec. 31, 2018

Parent Company

Condensed Income Statement

SCHEDULE II
(Continued)
INDEPENDENCE HOLDING COMPANY
CONDENSED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME (In thousands)
(PARENT COMPANY ONLY)
		2018		2017
REVENUES:
Net investment income	$	547	$	576
Net investment gains (losses)		(28)		189
Other income		1,598		1,533
		2,117		2,298
EXPENSES:
General and administrative expenses		7,922		7,675
		7,922		7,675
Loss before income tax benefits and equity in net income of subsidiaries		(5,805)		(5,377)
Equity in net income of subsidiaries		32,459		44,854
Income before income tax benefits		26,654		39,477
Income tax (benefits)		(2,399)		(2,653)
Net income		29,053		42,130
Less income from noncontrolling interests in subsidiaries		(571)		(88)
Net income attributable to IHC	$	28,482	$	42,042
Comprehensive Income:
Net income	$	29,053	$	42,130
Other comprehensive income (loss), net of tax:
Unrealized gains (losses) on available-for-sale securities		(130)		73
Equity in unrealized gains (losses) on available-for-sale
securities of subsidiaries		(3,232)		3,108
Other comprehensive income (loss), net of tax		(3,362)		3,181
Comprehensive income, net of tax		25,691		45,311
Less: comprehensive income attributable to noncontrolling interests		(571)		(88)
Comprehensive income, net of tax, attributable to IHC	$	25,120	$	45,223