Income Taxes (Tables)

6 Months Ended

Jun. 30, 2013

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 expense is as follows:

	Three Months Ended June 30,						Six Months Ended June 30,
	2013			2012			2013			2012
Federal income tax provision at statutory rate of 35%	$	2,122		$	299		$	2,476		$	901
Dividends received deduction		(41	)		(38	)		(78	)		(82	)
Small life insurance company deduction		(78	)		(32	)		(78	)		(237	)
Other permanent differences		9			8			18			16
Change in asset valuation allowance due to change in judgment relating to realizability of deferred tax assets		(1,909	)		(164	)		(2,146	)		(462	)
Income tax expense	$	103		$	73		$	192		$	136

Components of income tax expense

The components of income tax expense were:

	Three Months Ended June 30,						Six Months Ended June 30,
	2013			2012			2013			2012
Current - Federal	$	95		$	22		$	97		$	118
Deferred - Federal		1,917			215			2,241			480
Change in deferred tax asset valuation allowance		(1,909	)		(164	)		(2,146	)		(462	)
Total	$	103		$	73		$	192		$	136