CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($) $ in Thousands	Sep. 30, 2017	Dec. 31, 2016
ASSETS
Cash and cash equivalents	$ 9,473	$ 13,252
Investments:
Fixed maturities (cost: $215,241 and $210,505)	217,999	210,670
Common and non-redeemable preferred stocks (cost: $10,918 and $11,453)	21,582	20,257
Other invested assets (cost: $9,167 and $9,709)	9,167	9,709
Policy loans	2,113	2,265
Real estate	38	38
Investment in unconsolidated trusts	1,238	1,238
Total investments	252,137	244,177
Receivables:
Reinsurance	16,871	11,703
Insurance premiums and other (net of allowance for doubtful accounts: $219 and $280)	15,572	12,581
Deferred income taxes, net	0	160
Deferred acquisition costs	32,159	28,975
Other assets	5,549	5,208
Intangibles	2,544	2,544
Total assets	334,305	318,600
LIABILITIES AND SHAREHOLDERS' EQUITY
Future policy benefits	80,015	74,843
Unearned premiums	26,501	23,208
Losses and claims	67,184	62,562
Other policy liabilities	1,492	2,066
Total insurance reserves and policyholder funds	175,192	162,679
Accounts payable and accrued expenses	14,880	16,677
Deferred income taxes, net	975	0
Junior subordinated debenture obligations, net	33,738	33,738
Total liabilities	224,785	213,094
Commitments and contingencies (Note 9)
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: 20,453,217 and 20,446,705	22,401	22,401
Additional paid-in capital	57,420	57,114
Retained earnings	28,551	27,272
Accumulated other comprehensive income	8,725	5,830
Unearned stock grant compensation	(587)	(428)
Treasury stock, at cost: 1,947,677 and 1,954,189 shares	(7,045)	(6,738)
Total shareholders' equity	109,520	105,506
Total liabilities and shareholders' equity	$ 334,305	$ 318,600