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

3 Months Ended

Mar. 31, 2016

Tables/Schedules

Fair Value, Assets Measured on Recurring Basis

		March 31, 2016
		Level 1		Level 2		Level 3		Total
FINANCIAL ASSETS:
Fixed maturities available-for-sale:
Corporate securities	$	-	$	36,912	$	-	$	36,912
Foreign government		-		1,107		-		1,107
CMO – residential		-		170		-		170
States, municipalities and political
subdivisions		-		35,924		-		35,924
U.S. government		-		106,629		-		106,629
GSE		-		25		-		25
MBS – residential		-		33		-		33
Redeemable preferred stocks		358		-		-		358
Total fixed maturities		358		180,800		-		181,158
Equity securities available-for-sale:
Nonredeemable preferred stocks		2,603		-		-		2,603
Total equity securities		2,603		-		-		2,603
Total Financial Assets	$	2,961	$	180,800	$	-	$	183,761

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

		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