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

6 Months Ended

Jun. 30, 2016

Tables/Schedules

Fair Value, Assets Measured on Recurring Basis

		June 30, 2016
		Level 1		Level 2		Level 3		Total
FINANCIAL ASSETS:
Fixed maturities available-for-sale:
Corporate securities	$	-	$	102,825	$	-	$	102,825
Foreign government		-		4,418		-		4,418
CMO – residential		-		150		-		150
States, municipalities and political
subdivisions		-		48,848		-		48,848
U.S. government		-		40,240		-		40,240
GSE		-		23		-		23
MBS – residential		-		30		-		30
Redeemable preferred stocks		5,173		-		-		5,173
Total fixed maturities		5,173		196,534		-		201,707
Equity securities available-for-sale:
Nonredeemable preferred stocks		2,608		-		-		2,608
Total equity securities		2,608		-		-		2,608
Total Financial Assets	$	7,781	$	196,534	$	-	$	204,315

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