CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($) $ in Thousands	Jun. 30, 2021	Dec. 31, 2020
ASSETS
Cash and cash equivalents	$ 9,532	$ 19,319
Investments:
Fixed maturities, available-for-sale, at fair value (amortized cost: $232,141 and $222,461)	257,808	254,106
Equity securities, at fair value (cost: $4,833 and $6,393)	21,903	18,716
Other invested assets (cost: $3,765 and $3,765)	3,117	3,238
Policy loans	1,920	1,975
Real estate	38	38
Investment in unconsolidated trusts	1,238	1,238
Total investments	286,024	279,311
Receivables:
Reinsurance	29,149	29,086
Insurance premiums and other (net of allowance for doubtful accounts: $199 and $198)	29,505	27,512
Deferred income taxes, net	347	0
Deferred acquisition costs	38,462	39,611
Other assets	8,923	7,804
Intangibles	2,544	2,544
Total assets	404,486	405,187
LIABILITIES AND SHAREHOLDERS' EQUITY
Future policy benefits	88,351	90,872
Unearned premiums	35,022	27,131
Losses and claims	81,473	79,147
Other policy liabilities	1,027	1,526
Total insurance reserves and policyholder funds	205,873	198,676
Accounts payable and accrued expenses	22,500	26,412
Deferred income taxes, net	0	1,301
Junior subordinated debenture obligations, net	33,738	33,738
Total liabilities	262,111	260,127
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: 20,410,763 and 20,415,243	22,401	22,401
Additional paid-in capital	57,439	57,437
Retained earnings	49,714	47,790
Accumulated other comprehensive income	20,277	25,000
Unearned stock grant compensation	(150)	(284)
Treasury stock, at cost: 1,990,131 and 1,985,651 shares	(7,361)	(7,339)
Total shareholders' equity	142,375	145,060
Total liabilities and shareholders' equity	$ 404,486	$ 405,187