Note 6. Fair Value Measurements: Fair Value, Assets Measured on Recurring Basis (Tables)

12 Months Ended

Dec. 31, 2015

Tables/Schedules

Fair Value, Assets Measured on Recurring Basis

		December 31, 2015
		Level 1		Level 2		Level 3		Total
FINANCIAL ASSETS:
Fixed maturities available-for-sale:
Corporate securities	$	-	$	36,386	$	-	$	36,386
Foreign government		-		1,089		-		1,089
CMO - residential		-		189		-		189
CMO – commercial		-		-		478		478
States, municipalities and political
subdivisions		-		37,649		-		37,649
U.S. government		-		7,734		-		7,734
GSE		-		999		-		999
MBS - residential		-		35		-		35
Redeemable preferred stocks		374		-		-		374
Total fixed maturities		374		84,081		478		84,933
Equity securities available-for-sale:
Nonredeemable preferred stocks		2,594		-		-		2,594
Total equity securities		2,594		-		-		2,594
Total financial assets	$	2,968	$	84,081	$	478	$	87,527

FINANCIAL LIABILITIES:
Contingent liability	$	-	$	-	$	885	$	885

		December 31, 2014
		Level 1		Level 2		Level 3		Total
FINANCIAL ASSETS:
Fixed maturities available-for-sale:
Corporate securities	$	-	$	29,557	$	-	$	29,557
Foreign government		-		6,549		-		6,549
CMO - residential		-		853		-		853
CMO – commercial		-		-		381		381
States, municipalities and political
subdivisions		-		27,679		-		27,679
U.S. government		-		6,723		-		6,723
GSE		-		1,416		-		1,416
MBS - residential		-		69		-		69
Redeemable preferred stocks		381		-		-		381
Total fixed maturities		381		72,846		381		73,608
Equity securities available-for-sale:
Nonredeemable preferred stocks		1,013		-		-		1,013
Total equity securities		1,013		-		-		1,013
Trading securities:
Common Stock		1,138		-		-		1,138
Total trading securities		1,138		-		-		1,138
Total financial assets	$	2,532	$	72,846	$	381	$	75,759