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Fair Value Disclosures [Text Block]: Fair Value, Assets Measured on Recurring Basis (Tables)
9 Months Ended
Sep. 30, 2020
Tables/Schedules  
Fair Value, Assets Measured on Recurring Basis

 

 

 

September 30, 2020

 

 

Level 1

 

 

Level 2

 

Level 3

 

Total

 

 

 

 

 

FINANCIAL ASSETS:

 

 

 

 

 

 

 

 

 

Fixed maturities available-for-sale:

 

 

 

 

 

 

 

 

 

  Corporate securities

$

- 

 

$

175,874 

$

- 

$

175,874 

  CMOs - residential

 

- 

 

 

4,993 

 

- 

 

4,993 

  US Government obligations

 

- 

 

 

51,332 

 

- 

 

51,332 

  GSEs

 

- 

 

 

5,796 

 

- 

 

5,796 

  States and political subdivisions

 

- 

 

 

174,671 

 

1,385 

 

176,056 

  Foreign government obligations

 

- 

 

 

5,233 

 

- 

 

5,233 

     Total fixed maturities

 

- 

 

 

417,899 

 

1,385 

 

419,284 

 

 

 

 

 

 

 

 

 

 

Equity securities:

 

 

 

 

 

 

 

 

 

  Common stocks

 

2,907 

 

 

- 

 

- 

 

2,907 

  Nonredeemable preferred stocks

 

853 

 

 

- 

 

- 

 

853 

     Total equity securities

 

3,760 

 

 

- 

 

- 

 

3,760 

 

 

 

 

 

 

 

 

 

 

Total Financial Assets

$

3,760 

 

$

417,899 

$

1,385 

$

423,044 

 

 

 

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