CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023
ASSETS
Cash and cash equivalents	$ 21,213	$ 28,301
Investments:
Fixed maturities, available-for-sale, at fair value (amortized cost: $241,238 and $238,626; no allowance for credit losses)	216,636	218,219
Equity securities, at fair value (cost: $4,939 and $4,936)	9,545	9,413
Other invested assets (cost: $6,982 and $6,982)	6,063	6,381
Policy loans	1,792	1,778
Real estate	38	38
Investment in unconsolidated trusts	1,238	1,238
Total investments	235,312	237,067
Receivables:
Reinsurance (net of allowance for expected credit losses of $54 and $61)	22,496	21,103
Insurance premiums and other (net of allowance for expected credit losses of $219 and $217)	34,220	23,690
Deferred income taxes, net	17,236	15,682
Deferred acquisition costs	43,837	43,850
Other assets	9,149	9,028
Intangibles	2,544	2,544
Total assets	386,007	381,265
Insurance reserves and policyholder funds:
Future policy benefits	95,545	92,495
Unearned premiums	38,038	31,317
Losses and claims	90,624	87,478
Other policy liabilities	1,045	1,132
Total insurance reserves and policyholder funds	225,252	212,422
Accounts payable and accrued expenses	22,321	24,811
Revolving credit facility	4,024	3,019
Junior subordinated debenture obligations, net	33,738	33,738
Total liabilities	285,335	273,990
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: 20,399,758 and 20,402,288	22,401	22,401
Additional paid-in capital	57,425	57,425
Retained earnings	47,641	50,929
Accumulated other comprehensive loss	(19,435)	(16,121)
Unearned stock grant compensation	(7)	(13)
Treasury stock, at cost: 2,001,136 and 1,998,606 shares	(7,408)	(7,401)
Total shareholders' equity	100,672	107,275
Total liabilities and shareholders' equity	$ 386,007	$ 381,265