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Investments in Debt and Marketable Equity Securities (and Certain Trading Assets) Disclosure [Text Block]: Debt Securities, Available-for-sale [Table Text Block] (Tables)
12 Months Ended
Dec. 31, 2019
Tables/Schedules  
Debt Securities, Available-for-sale

 

 

December 31, 2019

 

 

 

 

GROSS 

 

GROSS 

 

 

 

 

AMORTIZED

 

UNREALIZED

 

UNREALIZED

 

FAIR 

 

COST

 

GAINS

 

LOSSES

 

VALUE

 

 

 

 

FIXED MATURITIES

 

 

 

 

 

 

 

 

AVAILABLE-FOR-SALE:

 

 

 

 

 

 

 

 

Corporate securities

$

161,369 

$

1,832 

$

(1,178) 

$

162,023 

CMOs – residential (1)

 

5,328 

 

54 

 

- 

 

5,382 

U.S. Government obligations

 

50,340 

 

257 

 

(48) 

 

50,549 

GSEs (3)

 

6,230 

 

- 

 

(107) 

 

6,123 

States and political subdivisions

 

153,439 

 

1,512 

 

(943) 

 

154,008 

Foreign government obligations

 

6,719 

 

172 

 

(2) 

 

6,889 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total fixed maturities

$

383,425 

$

3,827 

$

(2,278) 

$

384,974 

 

 

 

December 31, 2018

 

 

 

 

GROSS 

 

GROSS 

 

 

 

 

AMORTIZED

 

UNREALIZED

 

UNREALIZED

 

FAIR 

 

COST

 

GAINS

 

LOSSES

 

VALUE

 

 

 

 

FIXED MATURITIES

 

 

 

 

 

 

 

 

AVAILABLE-FOR-SALE:

 

 

 

 

 

 

 

 

Corporate securities

$

202,194 

$

701 

$

(5,406) 

$

197,489 

CMOs - residential (1)

 

6,092 

 

- 

 

(252) 

 

5,840 

U.S. Government obligations

 

63,231 

 

1 

 

(423) 

 

62,809 

Agency MBS - residential (2)

 

3 

 

- 

 

 

 

3 

GSEs (3)

 

6,596 

 

- 

 

(110) 

 

6,486 

States and political subdivisions

 

172,860 

 

302 

 

(5,228) 

 

167,934 

Foreign government obligations

 

7,039 

 

51 

 

(46) 

 

7,044 

Redeemable preferred stocks

 

5,970 

 

- 

 

(111) 

 

5,859 

 

 

 

 

 

 

 

 

 

Total fixed maturities

$

463,985 

$

1,055 

$

(11,576) 

$

453,464 

 

(1)Collateralized mortgage obligations (“CMOs”). 

(2) Mortgage-backed securities (“MBS”). 

(3)Government-sponsored enterprises (“GSEs”) are private enterprises established and chartered by the Federal Government or its various insurance and lease programs which carry the full faith and credit obligation of the U.S. Government.