CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($) $ in Thousands	Sep. 30, 2019	Dec. 31, 2018
ASSETS
Cash and cash equivalents	$ 36,013	$ 12,630
Investments:
Fixed maturities, available-for-sale, at fair value (amortized cost: $205,124 and $219,924)	217,517	210,386
Equity securities, at fair value (cost: $7,168 and $10,515)	19,507	20,758
Other invested assets (cost: $7,005 and $6,905)	7,103	7,424
Policy loans	1,989	2,085
Real estate	38	38
Investment in unconsolidated trusts	1,238	1,238
Total investments	247,392	241,929
Receivables:
Reinsurance	30,481	26,110
Insurance premiums and other (net of allowance for doubtful accounts: $192 and $207)	17,996	15,223
Deferred income taxes, net	175	4,184
Deferred acquisition costs	38,801	37,094
Other assets	9,933	4,560
Intangibles	2,544	2,544
Total assets	383,335	344,274
LIABILITIES AND SHAREHOLDERS' EQUITY
Future policy benefits	92,685	90,257
Unearned premiums	28,152	24,206
Losses and claims	76,261	72,612
Other policy liabilities	1,226	1,973
Total insurance reserves and policyholder funds	198,324	189,048
Other liabilities	34,862	20,116
Junior subordinated debenture obligations, net	33,738	33,738
Total liabilities	266,924	242,902
Commitments and contingencies (Note 10)
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: 20,479,501 and 20,170,360	22,401	22,401
Additional paid-in capital	57,819	57,414
Retained earnings	34,850	37,208
Accumulated other comprehensive income (loss)	9,791	(7,535)
Unearned stock grant compensation	(943)	(186)
Treasury stock, at cost: 1,921,393 and 2,230,534 shares	(7,562)	(7,985)
Total shareholders' equity	116,411	101,372
Total liabilities and shareholders' equity	$ 383,335	$ 344,274