Income Taxes (Tables)

12 Months Ended

Dec. 31, 2014

Income Taxes

Schedule of Company's current and deferred federal tax expense (benefit)

	Years Ended December 31,
	2014		2013		2012
Current expense	$	378	$	256	$	1,842
Deferred expense (benefit)	1,474		673		(203		)
Total income tax expense	$	1,852	$	929	$	1,639

Schedule of reconciliation of the federal income tax rate to the Company's effective income tax rate

	December 31,
	2014		2013		2012
Federal income tax rate:	35.0	%	35.0	%	35.0	%
Reconciling items:
Tax exempt interest	(8.0	)	(12.3	)	(8.9	)
Dividend received deduction	(1.4	)	(2.2	)	(1.5	)
Non deductible health insurer fee	0.7		0.0		0.0
Permanent nondeductible expenses	0.1		0.1		0.2
Other	0.0		0.0		0.3
Effective income tax rate:	26.4	%	20.6	%	25.1	%

Schedule of significant deferred tax assets and deferred tax liabilities

	December 31,
	2014			2013
Deferred Tax Assets
Deferred gain on disposal of business	$	871		$	791
Investments, net	1,740			2,123
Deferred acquisition costs	1,059			1,013
Employee and post-retirement benefits	0			800
Capital loss carryforward	0			266
Compensation related	2			5
Other	4			4
Total deferred tax asset	3,676			5,002
Deferred Tax Liabilities
Policyholder and separate account reserves	(1,324		)	(1,542		)
Net unrealized appreciation on securities	(4,390		)	(3,279		)
Employee and post-retirement benefits	(375		)	0
Other	(37		)	(54		)
Total deferred tax liability	(6,126		)	(4,875		)
Net deferred income tax (liability) asset	$	(2,450	)	$	127