Note 12. Income Taxes: Schedule of Deferred Tax Assets and Liabilities (Tables)

12 Months Ended

Dec. 31, 2013

Tables/Schedules

Schedule of Deferred Tax Assets and Liabilities

		2013		2012
DEFERRED TAX ASSETS:
Investments	$	123	$	194
Compensation accruals		1,198		1,068
Policy benefits and claims		392		267
Unrealized securities losses		742		-
Net operating loss carryforwards		93,048		97,169
Total gross deferred tax assets		95,503		98,698
Less valuation allowance		(76,911)		(78,572)
Net deferred tax assets		18,592		20,126
DEFERRED TAX LIABILITIES:
Goodwill		(1,228)		(988)
MGU partnership income		(5,801)		(5,198)
Unrealized securities gains		-		(646)
Other		(315)		(270)
State taxes		(504)		(506)
Total gross deferred tax liabilities		(7,848)		(7,608)
Net deferred tax asset	$	10,744	$	12,518