Segment Information

12 Months Ended

Dec. 31, 2013

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.

	2013
	American Southern			Bankers Fidelity			Corporate & Other			Adjustments & Eliminations			Consolidated
Insurance premiums	$	45,851		$	99,779		$	-		$	-		$	145,630
Insurance benefits and losses incurred		30,197			70,175			-			-			100,372
Expenses deferred		(7,106	)		(3,230	)		-			-			(10,336	)
Amortization and depreciation expense		7,440			2,120			-			-			9,560
Other expenses		15,777			31,742			15,076			(8,028	)		54,567
Total expenses		46,308			100,807			15,076			(8,028	)		154,163
Underwriting loss		(457	)		(1,028	)
Investment income		4,308			5,920			2,338			(1,757	)		10,809
Other income		12			40			6,408			(6,271	)		189
Operating income (loss)		3,863			4,932			(6,330	)		-			2,465
Net realized gains		3,767			4,330			644			-			8,741
Income (loss) before income taxes	$	7,630		$	9,262		$	(5,686	)	$	-		$	11,206
Total revenues	$	53,938		$	110,069		$	9,390		$	(8,028	)	$	165,369
Intangibles	$	1,350		$	1,194		$	-		$	-		$	2,544
Total assets	$	126,861		$	156,484		$	141,304		$	(105,268	)	$	319,381

	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
Intangibles	$	1,350		$	778		$	-		$	-		$	2,128
Total assets	$	130,092		$	161,078		$	153,912		$	(124,905	)	$	320,177