Segment Information

12 Months Ended

Dec. 31, 2011

Segment Information [Abstract]

Segment Information

Note 14. Segment Information

The Parent's primary insurance subsidiaries operate with relative autonomy and each company is evaluated based on its individual performance. American Southern operates in the property and casualty insurance market, while Bankers Fidelity operates in the life and health insurance market. All segments derive revenue from the collection of premiums, as well as from investment income. Substantially all revenue other than that in the corporate and other segment is from external sources.

	2011
	American Southern			Bankers Fidelity			Corporate & Other			Adjustments & Eliminations			Consolidated
Insurance premiums	$	37,514		$	69,957		$	-		$	-		$	107,471
Insurance benefits and losses incurred		24,210			49,404			-			-			73,614
Expenses deferred		(8,716	)		(4,045	)		-			-			(12,761	)
Amortization and depreciation expense		8,817			2,046			-			-			10,863
Other expenses		13,713			22,770			13,681			(6,863	)		43,301
Total expenses		38,024			70,175			13,681			(6,863	)		115,017
Underwriting loss		(510	)		(218	)
Investment income		4,522			5,585			2,251			(1,771	)		10,587
Other income		16			51			5,272			(5,092	)		247
Operating income (loss)		4,028			5,418			(6,158	)		-			3,288
Net realized gains (losses)		338			(227	)		(84	)		-			27
Income (loss) before income taxes	$	4,366		$	5,191		$	(6,242	)	$	-		$	3,315
Total revenues	$	42,390		$	75,366		$	7,439		$	(6,863	)	$	118,332
Goodwill	$	1,350		$	778		$	-		$	-		$	2,128
Total assets	$	127,483		$	146,717		$	142,138		$	(114,213	)	$	302,125

	Restated
	2010
	American Southern			Bankers Fidelity			Corporate & Other			Adjustments & Eliminations			Consolidated
Insurance premiums	$	34,939		$	62,674		$	-		$	-		$	97,613
Insurance benefits and losses incurred		21,208			45,646			-			-			66,854
Expenses deferred		(8,267	)		(3,294	)		-			-			(11,561	)
Amortization and depreciation expense		7,888			2,266			-			-			10,154
Other expenses		14,080			20,721			12,804			(6,784	)		40,821
Total expenses		34,909			65,339			12,804			(6,784	)		106,268
Underwriting income (loss)		30			(2,665	)
Investment income		4,133			5,179			2,207			(1,782	)		9,737
Other income		90			34			5,158			(5,002	)		280
Operating income (loss)		4,253			2,548			(5,439	)		-			1,362
Net realized gains (losses)		166			(530	)		(377	)		-			(741	)
Income (loss) before income taxes	$	4,419		$	2,018		$	(5,816	)	$	-		$	621
Total revenues	$	39,328		$	67,357		$	6,988		$	(6,784	)	$	106,889
Goodwill	$	1,350		$	778		$	-		$	-		$	2,128
Total assets	$	116,740		$	130,366		$	125,421		$	(94,961	)	$	277,566