CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($) $ in Thousands	Sep. 30, 2016	Dec. 31, 2015
ASSETS
Cash and cash equivalents	$ 11,864	$ 15,622
Investments:
Fixed maturities (cost: $207,055 and $210,450)	214,749	205,324
Common and non-redeemable preferred stocks (cost: $11,453 and $10,953)	19,954	23,131
Other invested assets (cost: $10,763 and $6,454)	10,763	6,454
Policy loans	2,209	2,200
Real estate	38	38
Investment in unconsolidated trusts	1,238	1,238
Total investments	248,951	238,385
Receivables:
Reinsurance	9,337	11,759
Insurance premiums and other (net of allowance for doubtful accounts: $545 and $528)	14,475	11,988
Deferred income taxes, net	0	829
Deferred acquisition costs	28,791	27,866
Other assets	5,541	5,610
Intangibles	2,544	2,544
Total assets	321,503	314,603
LIABILITIES AND SHAREHOLDERS' EQUITY
Future policy benefits	73,980	72,136
Unearned premiums	25,616	25,348
Losses and claims	60,603	63,870
Other policy liabilities	1,401	1,991
Total insurance reserves and policyholder funds	161,600	163,345
Accounts payable and accrued expenses	14,683	15,028
Deferred income taxes, net	2,531	0
Junior subordinated debenture obligations, net	33,738	33,738
Total liabilities	212,552	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: 20,433,678 and 20,426,536	22,401	22,401
Additional paid-in capital	56,995	56,623
Retained earnings	26,024	25,443
Accumulated other comprehensive income	10,527	4,584
Unearned stock grant compensation	(372)	(273)
Treasury stock, at cost: 1,967,216 and 1,974,358 shares	(6,679)	(6,341)
Total shareholders' equity	108,951	102,492
Total liabilities and shareholders' equity	$ 321,503	$ 314,603