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Income Taxes (Tables)
9 Months Ended
Sep. 30, 2018
Income Taxes [Abstract]  
Reconciliation of Income Tax Expense (Benefit)
A reconciliation of the differences between income taxes computed at the federal statutory income tax rate and income tax expense (benefit) is as follows:

  
Three Months Ended
September 30,
  
Nine Months Ended
September 30,
 
  
2018
  
2017
  
2018
  
2017
 
Federal income tax provision at statutory rate of 21% and 35% for 2018 and 2017, respectively
 
$
225
  
$
221
  
$
(262
)
 
$
864
 
Dividends-received deduction
  
(10
)
  
(23
)
  
(30
)
  
(71
)
Small life insurance company deduction
  
-
   
(313
)
  
-
   
(343
)
Other permanent differences
  
22
   
18
   
50
   
52
 
Adjustment for prior years’ estimates to actual
  
(99
)
  
(19
)
  
(99
)
  
(19
)
Income tax expense (benefit)
 
$
138
  
$
(116
)
 
$
(341
)
 
$
483
 
Components of Income Tax Expense (Benefit)
The components of income tax expense (benefit) were:

  
Three Months Ended
September 30,
  
Nine Months Ended
September 30,
 
  
2018
  
2017
  
2018
  
2017
 
Current - Federal
 
$
255
  
$
(157
)
 
$
994
  
$
906
 
Deferred - Federal
  
(117
)
  
41
   
(1,335
)
  
(423
)
Total
 
$
138
  
$
(116
)
 
$
(341
)
 
$
483