Income Taxes (Tables)

9 Months Ended

Sep. 30, 2020

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,
	2020			2019			2020			2019
Federal income tax provision at statutory rate of 21%	$	511		$	(366	)	$	102		$	(430	)
Dividends-received deduction		(3	)		(6	)		(9	)		(20	)
Other permanent differences		31			41			55			79
Adjustment for prior years’ estimates to actual		18			(21	)		18			(21	)
Income tax expense (benefit)	$	557		$	(352	)	$	166		$	(392	)

Components of Income Tax Expense

The components of income tax benefit were:

	Three Months Ended September 30,						Nine Months Ended September 30,
	2020			2019			2020			2019
Current – Federal	$	705		$	(368	)	$	3,007		$	204
Deferred – Federal		(148	)		16			(2,841	)		(596	)
Total	$	557		$	(352	)	$	166		$	(392	)