10-K Filing

ATLANTIC AMERICAN CORP CIK: 8177 FY 2022

Filing Information

Form Type	10-K
Accession Number	`0001140361-23-032391`
Period End Date	20221231
Filing Date	20230630
Fiscal Year	2022
Fiscal Period	FY
XBRL Instance	brhc20054803_10k_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 97 Income Statement 36 Cash Flow Statement 62 Stockholders Equity 14 Comprehensive Income 18

Balance Sheet 97 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$28.86M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$24.75M	USD	Point-in-time
Fixed maturities, cost	`AvailableForSaleDebtSecuritiesAmortizedCostBasis`	$236.77M	USD	Point-in-time
Fixed maturities, cost	`AvailableForSaleDebtSecuritiesAmortizedCostBasis`	$238.60M	USD	Point-in-time
Fixed maturities, available-for-sale, at fair value (amortized cost: $236,766 and $238,597)	`AvailableForSaleSecuritiesDebtSecurities`	$208.73M	USD	Point-in-time
Equity securities, cost	`EquitySecuritiesFvNiCost`	$4.91M	USD	Point-in-time
Equity securities, cost	`EquitySecuritiesFvNiCost`	$4.91M	USD	Point-in-time
Fixed maturities, available-for-sale, at fair value (amortized cost: $236,766 and $238,597)	`AvailableForSaleSecuritiesDebtSecurities`	$260.99M	USD	Point-in-time
Other invested assets, cost	`OtherInvestedAssetsCost`	$5.63M	USD	Point-in-time
Other invested assets, cost	`OtherInvestedAssetsCost`	$698.00K	USD	Point-in-time
Equity securities, at fair value (cost: $4,907 and $4,907)	`EquitySecuritiesFvNi`	$11.56M	USD	Point-in-time
Equity securities, at fair value (cost: $4,907 and $4,907)	`EquitySecuritiesFvNi`	$19.12M	USD	Point-in-time
Other invested assets (cost: $5,628 and $698)	`OtherInvestments`	$198.00K	USD	Point-in-time
Other invested assets (cost: $5,628 and $698)	`OtherInvestments`	$5.39M	USD	Point-in-time
Policy loans	`LoansInsurancePolicy`	$1.86M	USD	Point-in-time
Policy loans	`LoansInsurancePolicy`	$1.76M	USD	Point-in-time
Insurance premiums and other, allowance for doubtful accounts	`AllowanceForDoubtfulAccountsPremiumsAndOtherReceivables`	$177.00K	USD	Point-in-time
Insurance premiums and other, allowance for doubtful accounts	`AllowanceForDoubtfulAccountsPremiumsAndOtherReceivables`	$188.00K	USD	Point-in-time
Real estate	`RealEstateInvestments`	$38.00K	USD	Point-in-time
Real estate	`RealEstateInvestments`	$38.00K	USD	Point-in-time
Investment in unconsolidated trusts	`EquityMethodInvestments`	$1.24M	USD	Point-in-time
Investment in unconsolidated trusts	`EquityMethodInvestments`	$1.24M	USD	Point-in-time
Total investments	`Investments`	$283.44M	USD	Point-in-time
Total investments	`Investments`	$228.71M	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$1.00	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$1.00	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	4.00M	shares	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	4.00M	shares	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	55,000.00	shares	Point-in-time
Reinsurance	`ReinsuranceRecoverablesOnPaidAndUnpaidLosses`	$27.42M	USD	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	55,000.00	shares	Point-in-time
Reinsurance	`ReinsuranceRecoverablesOnPaidAndUnpaidLosses`	$25.91M	USD	Point-in-time
Insurance premiums and other, net of allowance for doubtful accounts of $177 and $188 as of 2022 and 2021, respectively	`PremiumsAndOtherReceivablesNet`	$15.39M	USD	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	55,000.00	shares	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	55,000.00	shares	Point-in-time
Insurance premiums and other, net of allowance for doubtful accounts of $177 and $188 as of 2022 and 2021, respectively	`PremiumsAndOtherReceivablesNet`	$14.96M	USD	Point-in-time
Deferred income taxes, net	`DeferredIncomeTaxAssetsNetWithoutJurisdictionalNetting`	$14.16M	USD	Point-in-time
Preferred stock, redemption value	`PreferredStockRedemptionAmount`	$5.50M	USD	Point-in-time
Preferred stock, redemption value	`PreferredStockRedemptionAmount`	$5.50M	USD	Point-in-time
Deferred income taxes, net	`DeferredIncomeTaxAssetsNetWithoutJurisdictionalNetting`	$1.75M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$1.00	USD	Point-in-time
Deferred acquisition costs	`DeferredPolicyAcquisitionCosts`	$38.70M	USD	Point-in-time
Deferred acquisition costs	`DeferredPolicyAcquisitionCosts`	$42.28M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$1.00	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	50.00M	shares	Point-in-time
Other assets	`OtherAssets`	$9.20M	USD	Point-in-time
Other assets	`OtherAssets`	$8.72M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	50.00M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	22.40M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	22.40M	shares	Point-in-time
Intangibles	`IntangibleAssetsNetIncludingGoodwill`	$2.54M	USD	Point-in-time
Intangibles	`IntangibleAssetsNetIncludingGoodwill`	$2.54M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	20.38M	shares	Point-in-time
Total assets	`Assets`	$402.29M	USD	Point-in-time
Total assets	`Assets`	$367.06M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	20.41M	shares	Point-in-time
Treasury stock, at cost (in shares)	`TreasuryStockShares`	2.02M	shares	Point-in-time
Treasury stock, at cost (in shares)	`TreasuryStockShares`	1.99M	shares	Point-in-time
Future policy benefits	`LiabilityForFuturePolicyBenefits`	$85.56M	USD	Point-in-time
Future policy benefits	`LiabilityForFuturePolicyBenefits`	$87.35M	USD	Point-in-time
Unearned premiums	`UnearnedPremiums`	$27.47M	USD	Point-in-time
Unearned premiums	`UnearnedPremiums`	$28.35M	USD	Point-in-time
Losses and claims	`LiabilityForClaimsAndClaimsAdjustmentExpense`	$85.62M	USD	Point-in-time
Losses and claims	`LiabilityForClaimsAndClaimsAdjustmentExpense`	$79.15M	USD	Point-in-time
Losses and claims	`LiabilityForClaimsAndClaimsAdjustmentExpense`	$87.48M	USD	Point-in-time
Other policy liabilities	`OtherPolicyholderFunds`	$1.25M	USD	Point-in-time
Other policy liabilities	`OtherPolicyholderFunds`	$1.36M	USD	Point-in-time
Total insurance reserves and policyholder funds	`LiabilityForFuturePolicyBenefitsAndUnpaidClaimsAndClaimsAdjustmentExpenseAndOtherPolicyholderFunds`	$201.80M	USD	Point-in-time
Total insurance reserves and policyholder funds	`LiabilityForFuturePolicyBenefitsAndUnpaidClaimsAndClaimsAdjustmentExpenseAndOtherPolicyholderFunds`	$202.65M	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent`	$26.47M	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent`	$25.46M	USD	Point-in-time
Revolving credit facility	`LongTermLineOfCredit`	$2.01M	USD	Point-in-time
Revolving credit facility	`LongTermLineOfCredit`	-	USD	Point-in-time
Junior subordinated debenture obligations, net	`JuniorSubordinatedDebentureOwedToUnconsolidatedSubsidiaryTrust`	$33.74M	USD	Point-in-time
Junior subordinated debenture obligations, net	`JuniorSubordinatedDebentureOwedToUnconsolidatedSubsidiaryTrust`	$33.74M	USD	Point-in-time
Total liabilities	`Liabilities`	$261.00M	USD	Point-in-time
Total liabilities	`Liabilities`	$264.87M	USD	Point-in-time
Commitments and contingencies (Note 17)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 17)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock, $1 par, 4,000,000 shares authorized; Series D preferred, 55,000 shares issued and outstanding; $5,500 redemption value	`PreferredStockValue`	$55.00K	USD	Point-in-time
Preferred stock, $1 par, 4,000,000 shares authorized; Series D preferred, 55,000 shares issued and outstanding; $5,500 redemption value	`PreferredStockValue`	$55.00K	USD	Point-in-time
Common stock, $1 par, 50,000,000 shares authorized; 22,400,894 shares issued; 20,407,229 and 20,378,576 shares outstanding as of 2022 and 2021, respectively	`CommonStockValue`	$22.40M	USD	Point-in-time
Common stock, $1 par, 50,000,000 shares authorized; 22,400,894 shares issued; 20,407,229 and 20,378,576 shares outstanding as of 2022 and 2021, respectively	`CommonStockValue`	$22.40M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$57.42M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$57.44M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$51.98M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$51.26M	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$17.69M	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-22.15M	USD	Point-in-time
Unearned stock grant compensation	`DeferredCompensationEquity`	$132.00K	USD	Point-in-time
Unearned stock grant compensation	`DeferredCompensationEquity`	$73.00K	USD	Point-in-time
Treasury stock, at cost, 1,993,665 and 2,022,318 shares as of 2022 and 2021, respectively	`TreasuryStockValue`	$7.49M	USD	Point-in-time
Treasury stock, at cost, 1,993,665 and 2,022,318 shares as of 2022 and 2021, respectively	`TreasuryStockValue`	$7.39M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$141.29M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$102.19M	USD	Point-in-time
Total liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$367.06M	USD	Point-in-time
Total liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$402.29M	USD	Point-in-time

Income Statement 36 line items

Line Item	Tag	Value	Unit	Period
Insurance premiums, net	`PremiumsEarnedNet`	$185.44M	USD	Annual
Insurance premiums, net	`PremiumsEarnedNet`	$184.22M	USD	Annual
Net investment income	`NetInvestmentIncome`	$9.93M	USD	Annual
Net investment income	`NetInvestmentIncome`	$8.53M	USD	Annual
Realized investment gains, net	`RealizedInvestmentGainsLosses`	$4.90M	USD	Annual
Realized investment gains, net	`RealizedInvestmentGainsLosses`	$30.00K	USD	Annual
Unrealized gains (losses) on equity securities, net	`EquitySecuritiesFvNiUnrealizedGainLoss`	$1.89M	USD	Annual
Unrealized gains (losses) on equity securities, net	`EquitySecuritiesFvNiUnrealizedGainLoss`	$-7.56M	USD	Annual
Other income	`OtherIncome`	$11.00K	USD	Annual
Other income	`OtherIncome`	$13.00K	USD	Annual
Total revenue	`Revenues`	$187.85M	USD	Annual
Total revenue	`Revenues`	$199.55M	USD	Annual
Insurance benefits and losses incurred	`PolicyholderBenefitsAndClaimsIncurredNet`	$131.69M	USD	Annual
Insurance benefits and losses incurred	`PolicyholderBenefitsAndClaimsIncurredNet`	$123.46M	USD	Annual
Commissions and underwriting expenses	`CommissionsAndUnderwritingExpenses`	$47.50M	USD	Annual
Commissions and underwriting expenses	`CommissionsAndUnderwritingExpenses`	$46.71M	USD	Annual
Interest expense	`InterestExpense`	$1.39M	USD	Annual
Interest expense	`InterestExpense`	$1.95M	USD	Annual
Other expense	`OtherExpenses`	$13.68M	USD	Annual
Other expense	`OtherExpenses`	$13.63M	USD	Annual
Total benefits and expenses	`BenefitsLossesAndExpenses`	$194.25M	USD	Annual
Total benefits and expenses	`BenefitsLossesAndExpenses`	$185.75M	USD	Annual
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$5.30M	USD	Annual
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$2.10M	USD	Annual
Income tax expense	`IncomeTaxExpenseBenefit`	$1.02M	USD	Annual
Income tax expense	`IncomeTaxExpenseBenefit`	$571.00K	USD	Annual
Net income	`NetIncomeLoss`	$4.28M	USD	Annual
Net income	`NetIncomeLoss`	$1.52M	USD	Annual
Preferred stock dividends	`PreferredStockDividendsIncomeStatementImpact`	$399.00K	USD	Annual
Preferred stock dividends	`PreferredStockDividendsIncomeStatementImpact`	$399.00K	USD	Annual
Net income applicable to common shareholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$3.88M	USD	Annual
Net income applicable to common shareholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$1.13M	USD	Annual
Earnings per common share (basic) (in dollars per share)	`EarningsPerShareBasic`	$0.19	USD	Annual
Earnings per common share (basic) (in dollars per share)	`EarningsPerShareBasic`	$0.06	USD	Annual
Earnings per common share (diluted) (in dollars per share)	`EarningsPerShareDiluted`	$0.06	USD	Annual
Earnings per common share (diluted) (in dollars per share)	`EarningsPerShareDiluted`	$0.19	USD	Annual

Cash Flow Statement 62 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$4.28M	USD	Annual
Net income	`NetIncomeLoss`	$1.52M	USD	Annual
Amortization of deferred acquisition costs	`DeferredPolicyAcquisitionCostAmortizationExpense`	$19.45M	USD	Annual
Amortization of deferred acquisition costs	`DeferredPolicyAcquisitionCostAmortizationExpense`	$24.06M	USD	Annual
Acquisition costs deferred	`AdditionsDeferredPolicyAcquisitionCostsNet`	$23.15M	USD	Annual
Acquisition costs deferred	`AdditionsDeferredPolicyAcquisitionCostsNet`	$23.03M	USD	Annual
Realized investment gains, net	`RealizedInvestmentGainsLosses`	$4.90M	USD	Annual
Realized investment gains, net	`RealizedInvestmentGainsLosses`	$30.00K	USD	Annual
Unrealized losses (gains) on equity securities, net	`EquitySecuritiesFvNiUnrealizedGainLoss`	$1.89M	USD	Annual
Unrealized losses (gains) on equity securities, net	`EquitySecuritiesFvNiUnrealizedGainLoss`	$-7.56M	USD	Annual
(Earnings) loss from equity method investees	`IncomeLossFromEquityMethodInvestments`	$-290.00K	USD	Annual
(Earnings) loss from equity method investees	`IncomeLossFromEquityMethodInvestments`	$241.00K	USD	Annual
Compensation expense related to share awards	`AllocatedShareBasedCompensationExpense`	$134.00K	USD	Annual
Compensation expense related to share awards	`AllocatedShareBasedCompensationExpense`	$211.00K	USD	Annual
Depreciation and amortization	`DepreciationAmortizationAndAccretionNet`	$1.00M	USD	Annual
Depreciation and amortization	`DepreciationAmortizationAndAccretionNet`	$890.00K	USD	Annual
Deferred income tax benefit	`DeferredIncomeTaxExpenseBenefit`	$-1.82M	USD	Annual
Deferred income tax benefit	`DeferredIncomeTaxExpenseBenefit`	$-1.11M	USD	Annual
Decrease in receivables, net	`IncreaseDecreaseInReceivables`	$-1.08M	USD	Annual
Decrease in receivables, net	`IncreaseDecreaseInReceivables`	$-1.54M	USD	Annual
Increase in insurance reserves and policyholder funds	`IncreaseDecreaseInInsuranceLiabilities`	$3.12M	USD	Annual
Increase in insurance reserves and policyholder funds	`IncreaseDecreaseInInsuranceLiabilities`	$854.00K	USD	Annual
Increase (decrease) in accounts payable and accrued expenses	`IncreaseDecreaseInOtherOperatingLiabilities`	$1.01M	USD	Annual
Increase (decrease) in accounts payable and accrued expenses	`IncreaseDecreaseInOtherOperatingLiabilities`	$-947.00K	USD	Annual
Other, net	`IncreaseDecreaseInOtherOperatingAssets`	$1.42M	USD	Annual
Other, net	`IncreaseDecreaseInOtherOperatingAssets`	$923.00K	USD	Annual
Net cash (used in) provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$1.09M	USD	Annual
Net cash (used in) provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$6.45M	USD	Annual
Proceeds from investments sold	`ProceedsFromSaleOfMarketableSecuritiesAndPolicyLoans`	$29.18M	USD	Annual
Proceeds from investments sold	`ProceedsFromSaleOfMarketableSecuritiesAndPolicyLoans`	$3.90M	USD	Annual
Proceeds from investments matured, called or redeemed	`ProceedsFromMaturityPrepaymentsAndCallsOfAvailableForSaleFixedMaturitySecurities`	$9.81M	USD	Annual
Proceeds from investments matured, called or redeemed	`ProceedsFromMaturityPrepaymentsAndCallsOfAvailableForSaleFixedMaturitySecurities`	$11.52M	USD	Annual
Investments purchased	`PaymentsToAcquireInvestments`	$17.01M	USD	Annual
Investments purchased	`PaymentsToAcquireInvestments`	$35.29M	USD	Annual
Additions to property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$126.00K	USD	Annual
Additions to property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$107.00K	USD	Annual
Net cash (used in) provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$5.30M	USD	Annual
Net cash (used in) provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-3.43M	USD	Annual
Payment of dividends on Series D preferred stock	`PaymentsOfDividendsPreferredStockAndPreferenceStock`	$399.00K	USD	Annual
Payment of dividends on Series D preferred stock	`PaymentsOfDividendsPreferredStockAndPreferenceStock`	$399.00K	USD	Annual
Payment of dividends on common stock	`PaymentsOfDividendsCommonStock`	$408.00K	USD	Annual
Payment of dividends on common stock	`PaymentsOfDividendsCommonStock`	$408.00K	USD	Annual
Proceeds from shares issued under stock plans	`ProceedsFromStockPlans`	$6.00K	USD	Annual
Proceeds from shares issued under stock plans	`ProceedsFromStockPlans`	-	USD	Annual
Treasury stock acquired - net employee share-based compensation	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$108.00K	USD	Annual
Treasury stock acquired - net employee share-based compensation	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$153.00K	USD	Annual
Proceeds from revolving credit facility, net	`ProceedsFromLinesOfCredit`	-	USD	Annual
Proceeds from revolving credit facility, net	`ProceedsFromLinesOfCredit`	$2.00M	USD	Annual
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-954.00K	USD	Annual
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$1.08M	USD	Annual
Net increase (decrease) in cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$4.11M	USD	Annual
Net increase (decrease) in cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$5.43M	USD	Annual
Cash and cash equivalents at beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$19.32M	USD	Point-in-time
Cash and cash equivalents at beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$28.86M	USD	Point-in-time
Cash and cash equivalents at beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$24.75M	USD	Point-in-time
Cash and cash equivalents at end of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$19.32M	USD	Point-in-time
Cash and cash equivalents at end of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$28.86M	USD	Point-in-time
Cash and cash equivalents at end of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$24.75M	USD	Point-in-time
Cash paid for interest	`InterestPaidNet`	$1.39M	USD	Annual
Cash paid for interest	`InterestPaidNet`	$1.79M	USD	Annual
Cash paid for income taxes	`IncomeTaxesPaid`	$3.20M	USD	Annual
Cash paid for income taxes	`IncomeTaxesPaid`	$2.76M	USD	Annual

Stockholders Equity 14 line items

Line Item	Tag	Value	Unit	Period
Balance, beginning of period	`StockholdersEquity`	$141.29M	USD	Point-in-time
Balance, beginning of period	`StockholdersEquity`	$102.19M	USD	Point-in-time
Net income	`NetIncomeLoss`	$4.28M	USD	Annual
Net income	`NetIncomeLoss`	$1.52M	USD	Annual
Other comprehensive loss, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-7.31M	USD	Annual
Other comprehensive loss, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-39.84M	USD	Annual
Balance, end of period	`StockholdersEquity`	$141.29M	USD	Point-in-time
Balance, end of period	`StockholdersEquity`	$102.19M	USD	Point-in-time
Dividends declared on common stock per share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.02	USD	Annual
Dividends declared on common stock per share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.02	USD	Annual
Balance, beginning of period (in shares)	`CommonStockSharesOutstanding`	20.38M	shares	Point-in-time
Balance, beginning of period (in shares)	`CommonStockSharesOutstanding`	20.41M	shares	Point-in-time
Balance, end of period (in shares)	`CommonStockSharesOutstanding`	20.38M	shares	Point-in-time
Balance, end of period (in shares)	`CommonStockSharesOutstanding`	20.41M	shares	Point-in-time

Comprehensive Income 18 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$4.28M	USD	Annual
Net income	`NetIncomeLoss`	$1.52M	USD	Annual
Gross unrealized holding loss arising in the period	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax`	$-50.38M	USD	Annual
Gross unrealized holding loss arising in the period	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax`	$-8.69M	USD	Annual
Related income tax effect	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$-10.58M	USD	Annual
Related income tax effect	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$-1.82M	USD	Annual
Subtotal	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-6.86M	USD	Annual
Subtotal	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-39.80M	USD	Annual
Less: reclassification adjustment for net realized gains included in net income	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax`	$49.00K	USD	Annual
Less: reclassification adjustment for net realized gains included in net income	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax`	$570.00K	USD	Annual
Related income tax effect	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax`	$120.00K	USD	Annual
Related income tax effect	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax`	$10.00K	USD	Annual
Subtotal	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$450.00K	USD	Annual
Subtotal	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$39.00K	USD	Annual
Total other comprehensive loss, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-7.31M	USD	Annual
Total other comprehensive loss, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-39.84M	USD	Annual
Total comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-3.03M	USD	Annual
Total comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-38.31M	USD	Annual

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.