CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
ASSETS
Cash and cash equivalents	$ 15,910	$ 24,753
Investments:
Fixed maturities, available-for-sale, at fair value (amortized cost: $238,401 and $238,597)	219,282	260,986
Equity securities, at fair value (cost: $4,906 and $4,907)	16,450	19,124
Other invested assets (cost: $5,628 and $698)	5,128	198
Policy loans	1,799	1,858
Real estate	38	38
Investment in unconsolidated trusts	1,238	1,238
Total investments	243,935	283,442
Receivables:
Reinsurance	26,017	27,416
Insurance premiums and other (net of allowance for doubtful accounts: $175 and $188)	29,087	14,959
Deferred income taxes, net	11,166	1,755
Deferred acquisition costs	42,244	38,698
Other assets	8,371	8,719
Intangibles	2,544	2,544
Total assets	379,274	402,286
Insurance reserves and policyholder funds:
Future policy benefits	85,204	87,348
Unearned premiums	38,650	27,469
Losses and claims	87,098	85,620
Other policy liabilities	922	1,360
Total insurance reserves and policyholder funds	211,874	201,797
Accounts payable and accrued expenses	23,561	25,465
Revolving credit facility	1,000	0
Junior subordinated debenture obligations, net	33,738	33,738
Total liabilities	270,173	261,000
Commitments and contingencies (Note 12)
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: 20,398,497 and 20,378,576	22,401	22,401
Additional paid-in capital	57,443	57,441
Retained earnings	51,820	51,264
Accumulated other comprehensive income (loss)	(15,103)	17,688
Unearned stock grant compensation	(79)	(73)
Treasury stock, at cost: 2,002,397 and 2,022,318 shares	(7,436)	(7,490)
Total shareholders' equity	109,101	141,286
Total liabilities and shareholders' equity	$ 379,274	$ 402,286