Stockholders' Equity Note Disclosure [Text Block]

9 Months Ended

Sep. 30, 2019

Notes

Stockholders' Equity Note Disclosure

Note 12.Stockholders’ Equity 

Accumulated Other Comprehensive Income (Loss)

Other comprehensive income (loss) includes the after-tax net unrealized gains and losses on investment securities available-for-sale, including the subsequent increases and decreases in fair value of available-for-sale securities previously impaired and the non-credit related component of other-than-temporary impairments of fixed maturities.

Changes in the balances of accumulated other comprehensive income, shown net of taxes, for the periods indicated are as follows (in thousands):

		Three Months Ended				Nine Months Ended
		September 30,				September 30,
		2019		2018		2019		2018
Beginning balance	$	2,298	$	(11,237)	$	(8,310)	$	(4,598)
Cumulative-effect of new accounting principles		-		-		-		(350)
Other comprehensive income (loss):
Other comprehensive income (loss) before reclassifications		1,995		(922)		13,072		(7,364)
Amounts reclassified from accumulated OCI		(706)		196		(1,175)		349
Net other comprehensive income		1,289		(726)		11,897		(7,015)
Ending balance	$	3,587	$	(11,963)	$	3,587	$	(11,963)

Presented below are the amounts reclassified out of accumulated other comprehensive income (loss) and recognized in earnings for each of the periods indicated (in thousands):

		Three Months Ended				Nine Months Ended
		September 30,				September 30,
		2019		2018		2019		2018
Unrealized gains (losses) on available-for-sale securities
reclassified during the period to the following income
statement line items:
Net investment gains (losses)	$	895	$	(247)	$	2,144	$	(442)
Net impairment losses recognized in earnings		-		-		(646)		-
Income (loss) before income tax		895		(247)		1,498		(442)
Tax effect		189		(51)		323		(93)
Net income (loss)	$	706	$	(196)	$	1,175	$	(349)