Income Taxes (Tables)

9 Months Ended

Sep. 30, 2012

Income Taxes [Abstract]

Reconciliation of income tax expense

A reconciliation of the differences between income taxes computed at the federal statutory income tax rate and income tax (benefit) expense is as follows:

	Three Months Ended September 30,						Nine Months Ended September 30,
	2012			2011			2012			2011
Federal income tax provision at statutory rate of 35%	$	335		$	619		$	1,236		$	955
Dividends received deduction		(45	)		(60	)		(127	)		(130	)
Small life insurance company deduction		(375	)		(187	)		(612	)		(187	)
Other permanent differences		12			4			28			37
Change in asset valuation allowance due to change in judgment relating to realizability of deferred tax assets		24			(361	)		(438	)		(361	)
Adjustment for prior years' estimates to actual		(79	)		49			(79	)		49
Income tax (benefit) expense	$	(128	)	$	64		$	8		$	363

Components of income tax expense

The components of the income tax (benefit) expense were as follows:

	Three Months Ended September 30,						Nine Months Ended September 30,
	2012			2011			2012			2011
Current - Federal	$	213		$	115		$	331		$	119
Deferred - Federal		(365	)		310			115			605
Change in deferred tax asset valuation allowance		24			(361	)		(438	)		(361	)
Total	$	(128	)	$	64		$	8		$	363