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Fair Value Disclosures [Text Block]: Fair Value, Assets Measured on Recurring Basis (Tables)
3 Months Ended
Mar. 31, 2020
Tables/Schedules  
Fair Value, Assets Measured on Recurring Basis

 

 

 

March 31, 2020

 

 

Level 1

 

 

Level 2

 

Level 3

 

Total

 

 

 

 

 

FINANCIAL ASSETS:

 

 

 

 

 

 

 

 

 

Fixed maturities available-for-sale:

 

 

 

 

 

 

 

 

 

  Corporate securities

$

- 

 

$

137,970 

$

- 

$

137,970 

  CMOs - residential

 

- 

 

 

5,366 

 

- 

 

5,366 

  US Government obligations

 

- 

 

 

51,523 

 

- 

 

51,523 

  GSEs

 

- 

 

 

5,867 

 

- 

 

5,867 

  States and political subdivisions

 

- 

 

 

204,856 

 

1,481 

 

206,337 

  Foreign government obligations

 

- 

 

 

6,941 

 

- 

 

6,941 

     Total fixed maturities

 

- 

 

 

412,523 

 

1,481 

 

414,004 

 

 

 

 

 

 

 

 

 

 

Equity securities:

 

 

 

 

 

 

 

 

 

  Common stocks

 

2,128 

 

 

- 

 

- 

 

2,128 

  Nonredeemable preferred stocks

 

831 

 

 

- 

 

- 

 

831 

     Total equity securities

 

2,959 

 

 

- 

 

- 

 

2,959 

 

 

 

 

 

 

 

 

 

 

Total Financial Assets

$

2,959 

 

$

412,523 

$

1,481 

$

416,963 

 

 

 

December 31, 2019

 

 

Level 1

 

 

Level 2

 

Level 3

 

Total

 

 

 

 

 

FINANCIAL ASSETS:

 

 

 

 

 

 

 

 

 

Fixed maturities available-for-sale:

 

 

 

 

 

 

 

 

 

  Corporate securities

$

- 

 

$

162,023 

$

- 

$

162,023 

  CMOs - residential

 

- 

 

 

5,382 

 

- 

 

5,382 

  US Government obligations

 

- 

 

 

50,549 

 

- 

 

50,549 

  GSEs

 

- 

 

 

6,123 

 

- 

 

6,123 

  States and political subdivisions

 

- 

 

 

152,479 

 

1,529 

 

154,008 

  Foreign government obligations

 

- 

 

 

6,889 

 

- 

 

6,889 

     Total fixed maturities

 

- 

 

 

383,445 

 

1,529 

 

384,974 

 

 

 

 

 

 

 

 

 

 

Equity securities:

 

 

 

 

 

 

 

 

 

  Common stocks

 

2,864 

 

 

- 

 

- 

 

2,864 

  Nonredeemable preferred stocks

 

883 

 

 

- 

 

- 

 

883 

     Total equity securities

 

3,747 

 

 

- 

 

- 

 

3,747 

 

 

 

 

 

 

 

 

 

 

Total Financial Assets

$

3,747 

 

$

383,445 

$

1,529 

$

388,721