Segment Information

12 Months Ended

Dec. 31, 2012

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. Each segment derives 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.

	2012
	American Southern			Bankers Fidelity			Corporate & Other			Adjustments & Eliminations			Consolidated
Insurance premiums	$	37,471		$	89,272		$	-		$	-		$	126,743
Insurance benefits and losses incurred		27,337			62,480			-			-			89,817
Expenses deferred		(8,515	)		(3,810	)		-			-			(12,325	)
Amortization and depreciation expense		9,009			1,911			-			-			10,920
Other expenses		11,758			27,674			14,340			(7,438	)		46,334
Total expenses		39,589			88,255			14,340			(7,438	)		134,746
Underwriting income (loss)		(2,118	)		1,017
Investment income		4,560			6,195			2,582			(1,833	)		11,504
Other income		-			48			5,704			(5,605	)		147
Operating income (loss)		2,442			7,260			(6,054	)		-			3,648
Net realized gains		383			1,051			-			-			1,434
Income (loss) before income taxes	$	2,825		$	8,311		$	(6,054	)	$	-		$	5,082
Total revenues	$	42,414		$	96,566		$	8,286		$	(7,438	)	$	139,828
Goodwill	$	1,350		$	778		$	-		$	-		$	2,128
Total assets	$	130,092		$	161,078		$	153,912		$	(124,905	)	$	320,177

	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