| Mar'19 | Dec'18 | Sep'18 | Dec'17 | |||
|---|---|---|---|---|---|---|
Assets | ||||||
Investments: | ||||||
Securities available for sale, at fair value: | ||||||
Fixed maturity securities available for sale, at fair value (amortized cost: 2019, $192,573; 2018, $187,035) | ||||||
195,753 | 184,475 | 181,497 | 188,452 | |||
Equity securities, at fair value | ||||||
3,806 | 6,004 | 6,620 | 6,209 | |||
Policy loans | ||||||
9,488 | 9,581 | 9,599 | 9,852 | |||
Other invested assets | ||||||
536 | 202 | - | - | |||
Derivative instruments, at fair value | ||||||
- | - | 517 | 395 | |||
Total investments | ||||||
209,583 | 200,262 | 198,233 | 204,908 | |||
Cash and cash equivalents | ||||||
29,842 | 33,252 | 3,466 | 4,085 | |||
Real estate, property and equipment, net | ||||||
2,093 | 2,130 | - | 2,151 | |||
Real estate, property and equipment, net | ||||||
- | - | 2,172 | - | |||
Accrued investment income | ||||||
2,069 | 1,908 | 1,999 | 1,886 | |||
Accounts receivable | ||||||
527 | 498 | 2,489 | 538 | |||
Reinsurance recoverables | ||||||
3,521 | 3,556 | 3,571 | 3,727 | |||
Prepaid reinsurance premiums | ||||||
1,467 | 1,418 | 1,387 | 1,358 | |||
Deferred policy acquisition costs, net | ||||||
12,832 | 13,533 | 13,617 | 12,179 | |||
Deferred sales inducement costs, net | ||||||
1,415 | 1,348 | 1,192 | 867 | |||
Deferred tax asset, net | ||||||
- | 492 | - | 458 | |||
Deferred tax asset, net | ||||||
- | - | 495 | - | |||
Other assets | ||||||
608 | 511 | 249 | 202 | |||
Separate account asset | ||||||
22,922 | 20,819 | 24,434 | 24,779 | |||
Total Assets | ||||||
286,879 | 279,727 | 253,304 | 257,138 | |||
Liabilities | ||||||
Policy liabilities and accruals | ||||||
Policyholder account balance | ||||||
117,995 | 116,298 | 115,142 | 109,823 | |||
Future life policy benefits | ||||||
71,444 | 71,992 | - | 71,927 | |||
Future life policy benefits | ||||||
- | - | 72,227 | - | |||
Future accident and health policy benefits | ||||||
355 | 345 | 343 | 386 | |||
Reserve for deposit type contracts | ||||||
10,504 | 10,587 | 10,885 | 10,850 | |||
Other policyholder funds | ||||||
998 | 1,398 | 3,099 | 1,970 | |||
Unearned revenue | ||||||
1,342 | 1,367 | 1,366 | 1,387 | |||
Deferred reinsurance settlements | ||||||
2,563 | 2,641 | 2,727 | 2,949 | |||
Deferred tax liability, net | ||||||
79 | - | - | - | |||
Taxes payable | ||||||
- | - | 6 | 7 | |||
Promissory note | ||||||
- | - | 1,050 | - | |||
Other liabilities | ||||||
1,513 | 1,360 | 999 | 1,703 | |||
Separate account liability | ||||||
22,922 | 20,819 | 24,434 | 24,779 | |||
Total Liabilities | ||||||
229,715 | 226,807 | 232,278 | 225,781 | |||
Equity | ||||||
Common stock, par value $.01 per share, 4,010,250 shares authorized; issued and outstanding: 2019 - 3,530,250 2018 - 3,530,150 | ||||||
35 | 35 | - | - | |||
Additional paid-in capital | ||||||
33,110 | 33,076 | - | - | |||
Retained earnings | ||||||
22,796 | 21,774 | 23,165 | 26,600 | |||
Accumulated other comprehensive income (loss) | ||||||
1,223 | -1,965 | -2,139 | 4,757 | |||
Total Equity | ||||||
57,164 | 52,920 | 21,026 | 31,357 | |||
Total Liabilities and Equity | ||||||
286,879 | 279,727 | 253,304 | 257,138 | |||