CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Mar. 31, 2025	Dec. 31, 2024
ASSETS
Cash and cash equivalents	$ 35,903	$ 35,570
Investments:
Fixed maturities, available-for-sale, at fair value (amortized cost: $234,993 and $236,299; no allowance for credit losses)	214,443	212,612
Equity securities, at fair value (cost: $4,943 and $4,939)	8,671	7,900
Other invested assets (cost: $7,946 and $7,946)	6,461	6,616
Policy loans	1,670	1,722
Real estate	38	38
Investment in unconsolidated trusts	1,238	1,238
Total investments	232,521	230,126
Receivables:
Reinsurance (net of allowance for expected credit losses of $45 and $51)	23,829	22,942
Insurance premiums and other (net of allowance for expected credit losses $195 and $201)	19,213	27,458
Deferred income taxes, net	17,227	18,118
Deferred acquisition costs	44,693	44,842
Other assets	12,506	11,828
Intangibles	2,544	2,544
Total assets	388,436	393,428
Insurance reserves and policyholder funds:
Future policy benefits	100,036	98,464
Unearned premiums	20,916	31,178
Losses and claims	98,030	93,707
Other policy liabilities	1,538	1,757
Total insurance reserves and policyholder funds	220,520	225,106
Accounts payable and accrued expenses	27,771	30,948
Revolving credit facility	4,022	4,023
Junior subordinated debenture obligations, net	33,738	33,738
Total liabilities	286,051	293,815
Commitments and contingencies (Notes 3 and 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: 20,397,228 and 20,399,758	22,401	22,401
Additional paid-in capital	57,425	57,425
Retained earnings	46,150	45,854
Accumulated other comprehensive loss	(16,234)	(18,712)
Unearned stock grant compensation	0	(2)
Treasury stock, at cost: 2,003,666 and 2,001,136 shares	(7,412)	(7,408)
Total shareholders' equity	102,385	99,613
Total liabilities and shareholders' equity	$ 388,436	$ 393,428