CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($) $ in Thousands	Jun. 30, 2016	Dec. 31, 2015
ASSETS
Cash and cash equivalents	$ 13,968	$ 15,622
Investments:
Fixed maturities (cost: $202,928 and $210,450)	208,833	205,324
Common and non-redeemable preferred stocks (cost: $11,453 and $10,953)	20,428	23,131
Other invested assets (cost: $5,777 and $6,454)	5,777	6,454
Policy loans	2,179	2,200
Real estate	38	38
Investment in unconsolidated trusts	1,238	1,238
Total investments	238,493	238,385
Receivables:
Reinsurance	8,618	11,759
Insurance premiums and other (net of allowance for doubtful accounts: $521 and $528)	23,023	11,988
Deferred income taxes, net	0	829
Deferred acquisition costs	28,199	27,866
Other assets	5,420	5,610
Intangibles	2,544	2,544
Total assets	320,265	314,603
LIABILITIES AND SHAREHOLDERS' EQUITY
Future policy benefits	73,083	72,136
Unearned premiums	31,137	25,348
Losses and claims	57,669	63,870
Other policy liabilities	1,456	1,991
Total insurance reserves and policyholder funds	163,345	163,345
Accounts payable and accrued expenses	13,218	15,028
Deferred income taxes, net	1,915	0
Junior subordinated debenture obligations, net	33,738	33,738
Total liabilities	212,216	212,111
Commitments and contingencies (Note 7)
Shareholders' equity:
Preferred stock, $1 par, 4,000,000 shares authorized; Series D preferred, 55,000 shares issued and outstanding; $5,500 redemption value	55	55
Common stock, $1 par, 50,000,000 shares authorized; shares issued: 22,400,894;shares outstanding: 20,478,812 and 20,426,536	22,401	22,401
Additional paid-in capital	57,039	56,623
Retained earnings	25,975	25,443
Accumulated other comprehensive income	9,672	4,584
Unearned stock grant compensation	(546)	(273)
Treasury stock, at cost: 1,922,082 and 1,974,358 shares	(6,547)	(6,341)
Total shareholders' equity	108,049	102,492
Total liabilities and shareholders' equity	$ 320,265	$ 314,603