Segment Information

9 Months Ended

Sep. 30, 2022

Segment Information [Abstract]

Segment Information

Note 13. Segment Information

The Parent’s primary insurance subsidiaries, American Southern and Bankers Fidelity, operate in two principal business units, each focusing on specific products. American Southern operates in the property and casualty insurance market, while Bankers Fidelity operates in the life and health insurance market. Each business unit is managed independently and is evaluated on its individual performance. The following sets forth the assets, revenue and income (loss) before income taxes for each business unit as of and for the periods ended 2022 and 2021.

Assets	September 30, 2022		December 31, 2021
American Southern	$	143,187	$	161,788
Bankers Fidelity		191,100		227,395
Corporate and Other		26,062		13,103
Total assets	$	360,349	$	402,286

Revenues	Three Months Ended September 30,					Nine Months Ended September 30,
	2022		2021			2022			2021
American Southern	$	18,538	$	18,206		$	56,540		$	53,254
Bankers Fidelity		27,641		31,181			86,099			96,401
Corporate and Other		164		(97	)		(19	)		167
Total revenue	$	46,343	$	49,290		$	142,620		$	149,822

Income (Loss) Before Income Taxes	Three Months Ended September 30,						Nine Months Ended September 30,
	2022			2021			2022			2021
American Southern	$	1,892		$	1,682		$	4,659		$	5,245
Bankers Fidelity		(850	)		(1,149	)		2,084			2,362
Corporate and Other		(1,991	)		(1,826	)		(6,011	)		(5,693	)
Income (loss) before income taxes	$	(949	)	$	(1,293	)	$	732		$	1,914