CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Sep. 30, 2022	Dec. 31, 2021
ASSETS
Cash and cash equivalents	$ 21,876	$ 24,753
Investments:
Fixed maturities, available-for-sale, at fair value (amortized cost: $234,510 and $238,597)	202,303	260,986
Equity securities, at fair value (cost: $4,906 and $4,907)	13,667	19,124
Other invested assets (cost: $5,628 and $698)	5,421	198
Policy loans	1,797	1,858
Real estate	38	38
Investment in unconsolidated trusts	1,238	1,238
Total investments	224,464	283,442
Receivables:
Reinsurance	25,224	27,416
Insurance premiums and other (net of allowance for doubtful accounts: $175 and $188)	21,934	14,959
Deferred income taxes, net	14,614	1,755
Deferred acquisition costs	41,416	38,698
Other assets	8,277	8,719
Intangibles	2,544	2,544
Total assets	360,349	402,286
Insurance reserves and policyholder funds:
Future policy benefits	85,089	87,348
Unearned premiums	31,801	27,469
Losses and claims	86,578	85,620
Other policy liabilities	821	1,360
Total insurance reserves and policyholder funds	204,289	201,797
Accounts payable and accrued expenses	23,411	25,465
Revolving credit facility	1,000	0
Junior subordinated debenture obligations, net	33,738	33,738
Total liabilities	262,438	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: 20,367,229 and 20,378,576	22,401	22,401
Additional paid-in capital	57,443	57,441
Retained earnings	51,036	51,264
Accumulated other comprehensive income (loss)	(25,443)	17,688
Unearned stock grant compensation	(52)	(73)
Treasury stock, at cost: 2,033,665 and 2,022,318 shares	(7,529)	(7,490)
Total shareholders' equity	97,911	141,286
Total liabilities and shareholders' equity	$ 360,349	$ 402,286