10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0001437749-20-023598 |
| Period End Date | 20200930 |
| Filing Date | 20201112 |
| Fiscal Year | 2020 |
| Fiscal Period | Q3 |
| XBRL Instance | ftfc-20200930.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
67 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Common stock, par value (in dollars per share) |
CommonStockParOrStatedValuePerShare
|
$0.01 | USD | Point-in-time |
| Mortgage loans on real estate |
MortgageLoansOnRealEstateCommercialAndConsumerNet
|
$162.40M | USD | Point-in-time |
| Mortgage loans on real estate |
MortgageLoansOnRealEstateCommercialAndConsumerNet
|
$175.38M | USD | Point-in-time |
| Investment real estate |
RealEstateInvestments
|
$1.99M | USD | Point-in-time |
| Investment real estate |
RealEstateInvestments
|
$1.95M | USD | Point-in-time |
| Policy loans |
PolicyLoansReceivable
|
$2.07M | USD | Point-in-time |
| Policy loans |
PolicyLoansReceivable
|
$2.03M | USD | Point-in-time |
| Treasury stock, shares (in shares) |
TreasuryStockShares
|
247,580.00 | shares | Point-in-time |
| Short-term investments |
ShortTermInvestmentsExcludingFixedMaturitySecuritiesAvailableForSalePreferredStockAndEquitySecuritiesFVNI
|
$1.83M | USD | Point-in-time |
| Treasury stock, shares (in shares) |
TreasuryStockShares
|
247,580.00 | shares | Point-in-time |
| Short-term investments |
ShortTermInvestmentsExcludingFixedMaturitySecuritiesAvailableForSalePreferredStockAndEquitySecuritiesFVNI
|
$1.67M | USD | Point-in-time |
| Other long-term investments |
OtherLongTermInvestments
|
$72.11M | USD | Point-in-time |
| Other long-term investments |
OtherLongTermInvestments
|
$71.82M | USD | Point-in-time |
| Total investments |
Investments
|
$426.26M | USD | Point-in-time |
| Total investments |
Investments
|
$419.24M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$23.21M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$22.04M | USD | Point-in-time |
| Accrued investment income |
AccruedInvestmentIncomeReceivable
|
$5.21M | USD | Point-in-time |
| Accrued investment income |
AccruedInvestmentIncomeReceivable
|
$5.39M | USD | Point-in-time |
| Recoverable from reinsurers |
ReinsuranceRecoverables
|
$1.19M | USD | Point-in-time |
| Recoverable from reinsurers |
ReinsuranceRecoverables
|
$1.24M | USD | Point-in-time |
| Assets held in trust under coinsurance agreement |
AssetsHeldInTrustUnderCoinsuranceAgreement
|
$109.29M | USD | Point-in-time |
| Assets held in trust under coinsurance agreement |
AssetsHeldInTrustUnderCoinsuranceAgreement
|
$105.09M | USD | Point-in-time |
| Agents' balances and due premiums |
PremiumsReceivableAtCarryingValue
|
$2.42M | USD | Point-in-time |
| Agents' balances and due premiums |
PremiumsReceivableAtCarryingValue
|
$1.62M | USD | Point-in-time |
| Deferred policy acquisition costs |
DeferredPolicyAcquisitionCosts
|
$38.01M | USD | Point-in-time |
| Deferred policy acquisition costs |
DeferredPolicyAcquisitionCosts
|
$42.46M | USD | Point-in-time |
| Value of insurance business acquired |
ValueOfBusinessAcquiredVOBA
|
$4.66M | USD | Point-in-time |
| Value of insurance business acquired |
ValueOfBusinessAcquiredVOBA
|
$4.89M | USD | Point-in-time |
| Other assets |
OtherAssets
|
$6.42M | USD | Point-in-time |
| Other assets |
OtherAssets
|
$11.41M | USD | Point-in-time |
| Total assets |
Assets
|
$625.13M | USD | Point-in-time |
| Total assets |
Assets
|
$604.94M | USD | Point-in-time |
| Policyholders' account balances |
PolicyholderFunds
|
$360.69M | USD | Point-in-time |
| Policyholders' account balances |
PolicyholderFunds
|
$363.08M | USD | Point-in-time |
| Future policy benefits |
LiabilityForFuturePolicyBenefits
|
$65.02M | USD | Point-in-time |
| Future policy benefits |
LiabilityForFuturePolicyBenefits
|
$73.23M | USD | Point-in-time |
| Policy claims |
LiabilityForClaimsAndClaimsAdjustmentExpense
|
$1.40M | USD | Point-in-time |
| Policy claims |
LiabilityForClaimsAndClaimsAdjustmentExpense
|
$1.81M | USD | Point-in-time |
| Other policy liabilities |
OtherPolicyLiabilities
|
$143.01K | USD | Point-in-time |
| Other policy liabilities |
OtherPolicyLiabilities
|
$132.97K | USD | Point-in-time |
| Total policy liabilities |
PolicyLiabilities
|
$429.63M | USD | Point-in-time |
| Total policy liabilities |
PolicyLiabilities
|
$435.87M | USD | Point-in-time |
| Funds withheld under coinsurance agreement |
FundsWithheldUnderCoinsuranceAgreements
|
$110.47M | USD | Point-in-time |
| Funds withheld under coinsurance agreement |
FundsWithheldUnderCoinsuranceAgreements
|
$105.64M | USD | Point-in-time |
| Deferred federal income taxes |
DeferredIncomeTaxLiabilitiesNet
|
$8.02M | USD | Point-in-time |
| Deferred federal income taxes |
DeferredIncomeTaxLiabilitiesNet
|
$6.35M | USD | Point-in-time |
| Other liabilities |
OtherLiabilities
|
$5.61M | USD | Point-in-time |
| Other liabilities |
OtherLiabilities
|
$5.90M | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$547.52M | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$559.98M | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapital
|
$28.68M | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapital
|
$30.43M | USD | Point-in-time |
| Treasury stock, at cost (247,580 shares as of September 30, 2020 and December 31, 2019) |
TreasuryStockValue
|
$893.95K | USD | Point-in-time |
| Treasury stock, at cost (247,580 shares as of September 30, 2020 and December 31, 2019) |
TreasuryStockValue
|
$893.95K | USD | Point-in-time |
| Accumulated other comprehensive income |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$9.62M | USD | Point-in-time |
| Accumulated other comprehensive income |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$13.88M | USD | Point-in-time |
| Accumulated earnings |
RetainedEarningsAccumulatedDeficit
|
$21.65M | USD | Point-in-time |
| Accumulated earnings |
RetainedEarningsAccumulatedDeficit
|
$19.93M | USD | Point-in-time |
| Total shareholders' equity |
StockholdersEquity
|
$57.44M | USD | Point-in-time |
| Total shareholders' equity |
StockholdersEquity
|
$57.42M | USD | Point-in-time |
| Total shareholders' equity |
StockholdersEquity
|
$50.84M | USD | Point-in-time |
| Total shareholders' equity |
StockholdersEquity
|
$39.13M | USD | Point-in-time |
| Total shareholders' equity |
StockholdersEquity
|
$65.15M | USD | Point-in-time |
| Total shareholders' equity |
StockholdersEquity
|
$61.92M | USD | Point-in-time |
| Total liabilities and shareholders' equity |
LiabilitiesAndStockholdersEquity
|
$604.94M | USD | Point-in-time |
| Total liabilities and shareholders' equity |
LiabilitiesAndStockholdersEquity
|
$625.13M | USD | Point-in-time |
Income Statement
96 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Premiums |
PremiumsEarnedNet
|
$16.83M | USD | 3 Qtrs |
| Premiums |
PremiumsEarnedNet
|
$7.17M | USD | 1 Quarter |
| Premiums |
PremiumsEarnedNet
|
$19.97M | USD | 3 Qtrs |
| Premiums |
PremiumsEarnedNet
|
$5.75M | USD | 1 Quarter |
| Net investment income |
NetInvestmentIncome
|
$5.75M | USD | 1 Quarter |
| Net investment income |
NetInvestmentIncome
|
$6.32M | USD | 1 Quarter |
| Net investment income |
NetInvestmentIncome
|
$18.17M | USD | 3 Qtrs |
| Net investment income |
NetInvestmentIncome
|
$17.90M | USD | 3 Qtrs |
| Net realized investment gains |
RealizedInvestmentGainsLosses
|
$118.96K | USD | 1 Quarter |
| Net realized investment gains |
RealizedInvestmentGainsLosses
|
$325.20K | USD | 3 Qtrs |
| Net realized investment gains |
RealizedInvestmentGainsLosses
|
$339.11K | USD | 1 Quarter |
| Net realized investment gains |
RealizedInvestmentGainsLosses
|
$552.84K | USD | 3 Qtrs |
| Service fees |
InsuranceCommissionsAndFees
|
$23.21K | USD | 1 Quarter |
| Service fees |
InsuranceCommissionsAndFees
|
$58.90K | USD | 1 Quarter |
| Service fees |
InsuranceCommissionsAndFees
|
$1.08M | USD | 3 Qtrs |
| Service fees |
InsuranceCommissionsAndFees
|
$41.11K | USD | 3 Qtrs |
| Other income |
OtherIncome
|
$91.35K | USD | 1 Quarter |
| Other income |
OtherIncome
|
$136.47K | USD | 3 Qtrs |
| Other income |
OtherIncome
|
$154.09K | USD | 3 Qtrs |
| Other income |
OtherIncome
|
$17.68K | USD | 1 Quarter |
| Total revenues |
Revenues
|
$13.08M | USD | 1 Quarter |
| Total revenues |
Revenues
|
$38.60M | USD | 3 Qtrs |
| Total revenues |
Revenues
|
$12.56M | USD | 1 Quarter |
| Total revenues |
Revenues
|
$36.56M | USD | 3 Qtrs |
| Increase in future policy benefits |
LiabilityForFuturePolicyBenefitsPeriodExpense
|
$2.23M | USD | 1 Quarter |
| Increase in future policy benefits |
LiabilityForFuturePolicyBenefitsPeriodExpense
|
$6.41M | USD | 3 Qtrs |
| Increase in future policy benefits |
LiabilityForFuturePolicyBenefitsPeriodExpense
|
$3.00M | USD | 1 Quarter |
| Increase in future policy benefits |
LiabilityForFuturePolicyBenefitsPeriodExpense
|
$8.10M | USD | 3 Qtrs |
| Death benefits |
PolicyholderBenefitsAndClaimsIncurredLifeAndAnnuity
|
$2.60M | USD | 1 Quarter |
| Death benefits |
PolicyholderBenefitsAndClaimsIncurredLifeAndAnnuity
|
$6.70M | USD | 3 Qtrs |
| Death benefits |
PolicyholderBenefitsAndClaimsIncurredLifeAndAnnuity
|
$1.76M | USD | 1 Quarter |
| Death benefits |
PolicyholderBenefitsAndClaimsIncurredLifeAndAnnuity
|
$4.87M | USD | 3 Qtrs |
| Surrenders |
PolicyholderBenefitsAndClaimsIncurredOther
|
$801.41K | USD | 3 Qtrs |
| Surrenders |
PolicyholderBenefitsAndClaimsIncurredOther
|
$881.37K | USD | 3 Qtrs |
| Surrenders |
PolicyholderBenefitsAndClaimsIncurredOther
|
$242.46K | USD | 1 Quarter |
| Surrenders |
PolicyholderBenefitsAndClaimsIncurredOther
|
$204.93K | USD | 1 Quarter |
| Interest credited to policyholders |
InterestCreditedToPolicyholdersAccountBalances
|
$3.07M | USD | 1 Quarter |
| Interest credited to policyholders |
InterestCreditedToPolicyholdersAccountBalances
|
$8.69M | USD | 3 Qtrs |
| Interest credited to policyholders |
InterestCreditedToPolicyholdersAccountBalances
|
$9.19M | USD | 3 Qtrs |
| Interest credited to policyholders |
InterestCreditedToPolicyholdersAccountBalances
|
$3.12M | USD | 1 Quarter |
| Dividend, endowment and supplementary life contract benefits |
PolicyholderDividends
|
$63.10K | USD | 1 Quarter |
| Dividend, endowment and supplementary life contract benefits |
PolicyholderDividends
|
$206.89K | USD | 3 Qtrs |
| Dividend, endowment and supplementary life contract benefits |
PolicyholderDividends
|
$69.98K | USD | 1 Quarter |
| Dividend, endowment and supplementary life contract benefits |
PolicyholderDividends
|
$223.20K | USD | 3 Qtrs |
| Total benefits and claims |
BenefitsAndClaims
|
$20.98M | USD | 3 Qtrs |
| Total benefits and claims |
BenefitsAndClaims
|
$25.09M | USD | 3 Qtrs |
| Total benefits and claims |
BenefitsAndClaims
|
$8.98M | USD | 1 Quarter |
| Total benefits and claims |
BenefitsAndClaims
|
$7.39M | USD | 1 Quarter |
| Policy acquisition costs deferred |
DeferredPolicyAcquisitionCostsOperating
|
$8.13M | USD | 3 Qtrs |
| Policy acquisition costs deferred |
DeferredPolicyAcquisitionCostsOperating
|
$2.41M | USD | 1 Quarter |
| Policy acquisition costs deferred |
DeferredPolicyAcquisitionCostsOperating
|
$3.06M | USD | 1 Quarter |
| Policy acquisition costs deferred |
DeferredPolicyAcquisitionCostsOperating
|
$9.68M | USD | 3 Qtrs |
| Amortization of deferred policy acquisition costs |
DeferredPolicyAcquisitionCostAmortizationExpense
|
$997.25K | USD | 1 Quarter |
| Amortization of deferred policy acquisition costs |
DeferredPolicyAcquisitionCostAmortizationExpense
|
$2.84M | USD | 3 Qtrs |
| Amortization of deferred policy acquisition costs |
DeferredPolicyAcquisitionCostAmortizationExpense
|
$1.14M | USD | 1 Quarter |
| Amortization of deferred policy acquisition costs |
DeferredPolicyAcquisitionCostAmortizationExpense
|
$3.67M | USD | 3 Qtrs |
| Amortization of value of insurance business acquired |
AmortizationOfValueOfBusinessAcquiredVOBA
|
$224.71K | USD | 3 Qtrs |
| Amortization of value of insurance business acquired |
AmortizationOfValueOfBusinessAcquiredVOBA
|
$69.72K | USD | 1 Quarter |
| Amortization of value of insurance business acquired |
AmortizationOfValueOfBusinessAcquiredVOBA
|
$227.33K | USD | 3 Qtrs |
| Amortization of value of insurance business acquired |
AmortizationOfValueOfBusinessAcquiredVOBA
|
$73.78K | USD | 1 Quarter |
| Commissions |
InsuranceCommissions
|
$2.96M | USD | 1 Quarter |
| Commissions |
InsuranceCommissions
|
$2.35M | USD | 1 Quarter |
| Commissions |
InsuranceCommissions
|
$7.77M | USD | 3 Qtrs |
| Commissions |
InsuranceCommissions
|
$9.64M | USD | 3 Qtrs |
| Other underwriting, insurance and acquisition expenses |
OtherExpenses
|
$1.93M | USD | 1 Quarter |
| Other underwriting, insurance and acquisition expenses |
OtherExpenses
|
$1.91M | USD | 1 Quarter |
| Other underwriting, insurance and acquisition expenses |
OtherExpenses
|
$7.29M | USD | 3 Qtrs |
| Other underwriting, insurance and acquisition expenses |
OtherExpenses
|
$7.05M | USD | 3 Qtrs |
| Total expenses |
OperatingExpenses
|
$10.81M | USD | 3 Qtrs |
| Total expenses |
OperatingExpenses
|
$3.03M | USD | 1 Quarter |
| Total expenses |
OperatingExpenses
|
$2.94M | USD | 1 Quarter |
| Total expenses |
OperatingExpenses
|
$10.08M | USD | 3 Qtrs |
| Total benefits, claims and expenses |
BenefitsLossesAndExpenses
|
$10.32M | USD | 1 Quarter |
| Total benefits, claims and expenses |
BenefitsLossesAndExpenses
|
$35.91M | USD | 3 Qtrs |
| Total benefits, claims and expenses |
BenefitsLossesAndExpenses
|
$12.01M | USD | 1 Quarter |
| Total benefits, claims and expenses |
BenefitsLossesAndExpenses
|
$31.06M | USD | 3 Qtrs |
| Income before total federal income tax expense |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
|
$2.24M | USD | 1 Quarter |
| Income before total federal income tax expense |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
|
$1.06M | USD | 1 Quarter |
| Income before total federal income tax expense |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
|
$2.69M | USD | 3 Qtrs |
| Income before total federal income tax expense |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
|
$5.51M | USD | 3 Qtrs |
| Current federal income tax expense |
CurrentIncomeTaxExpenseBenefit
|
$825.86K | USD | 3 Qtrs |
| Current federal income tax expense |
CurrentIncomeTaxExpenseBenefit
|
$45.65K | USD | 1 Quarter |
| Current federal income tax expense |
CurrentIncomeTaxExpenseBenefit
|
$124.81K | USD | 1 Quarter |
| Current federal income tax expense |
CurrentIncomeTaxExpenseBenefit
|
$45.65K | USD | 3 Qtrs |
| Deferred federal income tax expense |
DeferredIncomeTaxExpenseBenefit
|
$543.02K | USD | 3 Qtrs |
| Deferred federal income tax expense |
DeferredIncomeTaxExpenseBenefit
|
$341.20K | USD | 1 Quarter |
| Deferred federal income tax expense |
DeferredIncomeTaxExpenseBenefit
|
$178.10K | USD | 1 Quarter |
| Deferred federal income tax expense |
DeferredIncomeTaxExpenseBenefit
|
$354.07K | USD | 3 Qtrs |
| Total federal income tax expense |
IncomeTaxExpenseBenefit
|
$588.67K | USD | 3 Qtrs |
| Total federal income tax expense |
IncomeTaxExpenseBenefit
|
$1.18M | USD | 3 Qtrs |
| Total federal income tax expense |
IncomeTaxExpenseBenefit
|
$223.76K | USD | 1 Quarter |
| Total federal income tax expense |
IncomeTaxExpenseBenefit
|
$466.01K | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$1.77M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$4.33M | USD | 3 Qtrs |
| Net income |
NetIncomeLoss
|
$2.10M | USD | 3 Qtrs |
| Net income |
NetIncomeLoss
|
$840.06K | USD | 1 Quarter |
Cash Flow Statement
112 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Change in receivable for securities sold |
IncreaseDecreaseInReceivableForSecuritiesSold
|
$-201.40K | USD | 3 Qtrs |
| Change in receivable for securities sold |
IncreaseDecreaseInReceivableForSecuritiesSold
|
$-1.63M | USD | 3 Qtrs |
| Change in payable of securities purchased |
IncreaseDecreaseInPayableOfSecuritiesPurchased
|
$-393.76K | USD | 3 Qtrs |
| Net income |
NetIncomeLoss
|
$4.33M | USD | 3 Qtrs |
| Change in payable of securities purchased |
IncreaseDecreaseInPayableOfSecuritiesPurchased
|
$313.19K | USD | 3 Qtrs |
| Net income |
NetIncomeLoss
|
$2.10M | USD | 3 Qtrs |
| Net income |
NetIncomeLoss
|
$1.77M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$840.06K | USD | 1 Quarter |
| Provision for depreciation |
Depreciation
|
$109.12K | USD | 3 Qtrs |
| Provision for depreciation |
Depreciation
|
$109.12K | USD | 3 Qtrs |
| Accretion of discount on investments |
AccretionAmortizationOfDiscountsAndPremiumsInvestments
|
$3.44M | USD | 3 Qtrs |
| Accretion of discount on investments |
AccretionAmortizationOfDiscountsAndPremiumsInvestments
|
$3.73M | USD | 3 Qtrs |
| Net realized investment gains |
RealizedInvestmentGainsLosses
|
$118.96K | USD | 1 Quarter |
| Net realized investment gains |
RealizedInvestmentGainsLosses
|
$325.20K | USD | 3 Qtrs |
| Net realized investment gains |
RealizedInvestmentGainsLosses
|
$552.84K | USD | 3 Qtrs |
| Net realized investment gains |
RealizedInvestmentGainsLosses
|
$339.11K | USD | 1 Quarter |
| Amortization of policy acquisition cost |
DeferredPolicyAcquisitionCostAmortizationExpense
|
$997.25K | USD | 1 Quarter |
| Amortization of policy acquisition cost |
DeferredPolicyAcquisitionCostAmortizationExpense
|
$2.84M | USD | 3 Qtrs |
| Amortization of policy acquisition cost |
DeferredPolicyAcquisitionCostAmortizationExpense
|
$1.14M | USD | 1 Quarter |
| Amortization of policy acquisition cost |
DeferredPolicyAcquisitionCostAmortizationExpense
|
$3.67M | USD | 3 Qtrs |
| Policy acquisition costs deferred |
DeferredPolicyAcquisitionCostsOperating
|
$8.13M | USD | 3 Qtrs |
| Policy acquisition costs deferred |
DeferredPolicyAcquisitionCostsOperating
|
$2.41M | USD | 1 Quarter |
| Policy acquisition costs deferred |
DeferredPolicyAcquisitionCostsOperating
|
$3.06M | USD | 1 Quarter |
| Policy acquisition costs deferred |
DeferredPolicyAcquisitionCostsOperating
|
$9.68M | USD | 3 Qtrs |
| Amortization of loan origination fees |
AmortizationOfFinancingCosts
|
$20.18K | USD | 3 Qtrs |
| Amortization of loan origination fees |
AmortizationOfFinancingCosts
|
$30.24K | USD | 3 Qtrs |
| Amortization of value of insurance business acquired |
AmortizationOfValueOfBusinessAcquiredVOBA
|
$224.71K | USD | 3 Qtrs |
| Amortization of value of insurance business acquired |
AmortizationOfValueOfBusinessAcquiredVOBA
|
$69.72K | USD | 1 Quarter |
| Amortization of value of insurance business acquired |
AmortizationOfValueOfBusinessAcquiredVOBA
|
$227.33K | USD | 3 Qtrs |
| Amortization of value of insurance business acquired |
AmortizationOfValueOfBusinessAcquiredVOBA
|
$73.78K | USD | 1 Quarter |
| Allowance for mortgage loan losses |
ProvisionForLoanAndLeaseLosses
|
$73.78K | USD | 3 Qtrs |
| Allowance for mortgage loan losses |
ProvisionForLoanAndLeaseLosses
|
$36.80K | USD | 3 Qtrs |
| Provision for deferred federal income tax expense |
DeferredIncomeTaxExpenseBenefit
|
$543.02K | USD | 3 Qtrs |
| Provision for deferred federal income tax expense |
DeferredIncomeTaxExpenseBenefit
|
$341.20K | USD | 1 Quarter |
| Provision for deferred federal income tax expense |
DeferredIncomeTaxExpenseBenefit
|
$178.10K | USD | 1 Quarter |
| Provision for deferred federal income tax expense |
DeferredIncomeTaxExpenseBenefit
|
$354.07K | USD | 3 Qtrs |
| Interest credited to policyholders |
InterestCreditedToPolicyholdersAccountBalances
|
$8.69M | USD | 3 Qtrs |
| Interest credited to policyholders |
InterestCreditedToPolicyholdersAccountBalances
|
$9.19M | USD | 3 Qtrs |
| Interest credited to policyholders |
InterestCreditedToPolicyholdersAccountBalances
|
$3.12M | USD | 1 Quarter |
| Interest credited to policyholders |
InterestCreditedToPolicyholdersAccountBalances
|
$3.07M | USD | 1 Quarter |
| Policy loans |
IncreaseDecreaseInOtherLoans
|
$44.66K | USD | 3 Qtrs |
| Policy loans |
IncreaseDecreaseInOtherLoans
|
$141.34K | USD | 3 Qtrs |
| Short-term investments |
IncreaseDecreaseInShortTermInvestments
|
$-687.33K | USD | 3 Qtrs |
| Short-term investments |
IncreaseDecreaseInShortTermInvestments
|
$-156.85K | USD | 3 Qtrs |
| Accrued investment income |
IncreaseDecreaseInAccruedInvestmentIncomeReceivable
|
$177.49K | USD | 3 Qtrs |
| Accrued investment income |
IncreaseDecreaseInAccruedInvestmentIncomeReceivable
|
$2.50M | USD | 3 Qtrs |
| Recoverable from reinsurers |
IncreaseDecreaseInReinsuranceRecoverable
|
$-1.16M | USD | 3 Qtrs |
| Recoverable from reinsurers |
IncreaseDecreaseInReinsuranceRecoverable
|
$-50.02K | USD | 3 Qtrs |
| Funds under coinsurance agreement |
IncreaseDecreaseInAssetsHeldInTrustUnderCoinsuranceAgreement
|
$-2.06M | USD | 3 Qtrs |
| Funds under coinsurance agreement |
IncreaseDecreaseInAssetsHeldInTrustUnderCoinsuranceAgreement
|
$72.96M | USD | 3 Qtrs |
| Agents' balances and due premiums |
IncreaseDecreaseInAccountsReceivable
|
$332.57K | USD | 3 Qtrs |
| Agents' balances and due premiums |
IncreaseDecreaseInAccountsReceivable
|
$802.59K | USD | 3 Qtrs |
| Other assets (excludes change in receivable for securities sold of ($1,627,000) and ($201,401) in 2020 and 2019, respectively) |
IncreaseDecreaseInOtherOperatingAssets
|
$-2.12M | USD | 3 Qtrs |
| Other assets (excludes change in receivable for securities sold of ($1,627,000) and ($201,401) in 2020 and 2019, respectively) |
IncreaseDecreaseInOtherOperatingAssets
|
$3.36M | USD | 3 Qtrs |
| Future policy benefits |
IncreaseDecreaseInFuturePolicyBenefitReservesAndOtherInsuranceLiabilities
|
$8.06M | USD | 3 Qtrs |
| Future policy benefits |
IncreaseDecreaseInFuturePolicyBenefitReservesAndOtherInsuranceLiabilities
|
$6.39M | USD | 3 Qtrs |
| Policy claims |
IncreaseDecreaseInLifeInsuranceLiabilities
|
$408.90K | USD | 3 Qtrs |
| Policy claims |
IncreaseDecreaseInLifeInsuranceLiabilities
|
$351.16K | USD | 3 Qtrs |
| Other policy liabilities |
IncreaseDecreaseInOtherPolicyLiabilities
|
$-1.19K | USD | 3 Qtrs |
| Other policy liabilities |
IncreaseDecreaseInOtherPolicyLiabilities
|
$819.00 | USD | 3 Qtrs |
| Other liabilities (excludes change in payable for securities purchased of $313,188 and ($393,762) in 2020 and 2019, respectively) |
IncreaseDecreaseInOtherOperatingLiabilities
|
$-3.99M | USD | 3 Qtrs |
| Other liabilities (excludes change in payable for securities purchased of $313,188 and ($393,762) in 2020 and 2019, respectively) |
IncreaseDecreaseInOtherOperatingLiabilities
|
$-613.16K | USD | 3 Qtrs |
| Net cash provided by (used in) operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$9.23M | USD | 3 Qtrs |
| Net cash provided by (used in) operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$-66.02M | USD | 3 Qtrs |
| Purchases of fixed maturity securities |
PaymentsToAcquireAvailableForSaleSecuritiesDebt
|
$65.39M | USD | 3 Qtrs |
| Purchases of fixed maturity securities |
PaymentsToAcquireAvailableForSaleSecuritiesDebt
|
$3.60M | USD | 3 Qtrs |
| Maturities of fixed maturity securities |
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
|
$945.50K | USD | 3 Qtrs |
| Maturities of fixed maturity securities |
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
|
$3.65M | USD | 3 Qtrs |
| Sales of fixed maturity securities |
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
|
$14.98M | USD | 3 Qtrs |
| Sales of fixed maturity securities |
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
|
$17.59M | USD | 3 Qtrs |
| Sales of preferred stock securities |
ProceedsFromSaleOfPreferredStockSecurities
|
$50.00K | USD | 3 Qtrs |
| Sales of preferred stock securities |
ProceedsFromSaleOfPreferredStockSecurities
|
$50.00K | USD | 3 Qtrs |
| Purchases of equity securities |
PaymentsToAcquireAvailableForSaleSecuritiesEquity
|
$92.96K | USD | 3 Qtrs |
| Purchases of equity securities |
PaymentsToAcquireAvailableForSaleSecuritiesEquity
|
$68.20K | USD | 3 Qtrs |
| Sales of equity securities |
ProceedsFromSaleOfAvailableForSaleSecuritiesEquity
|
- | USD | 3 Qtrs |
| Sales of equity securities |
ProceedsFromSaleOfAvailableForSaleSecuritiesEquity
|
$19.37K | USD | 3 Qtrs |
| Acquisition of K-TENN Insurance Company |
CashAcquiredFromAcquisition
|
- | USD | 3 Qtrs |
| Acquisition of K-TENN Insurance Company |
CashAcquiredFromAcquisition
|
$1.11M | USD | 3 Qtrs |
| Joint venture distributions |
ProceedsFromDivestitureOfInterestInJointVenture
|
$90.89K | USD | 3 Qtrs |
| Joint venture distributions |
ProceedsFromDivestitureOfInterestInJointVenture
|
$66.51K | USD | 3 Qtrs |
| Purchases of mortgage loans |
PaymentsToAcquireMortageLoans
|
$57.02M | USD | 3 Qtrs |
| Purchases of mortgage loans |
PaymentsToAcquireMortageLoans
|
$58.75M | USD | 3 Qtrs |
| Payments on mortgage loans |
ProceedsFromSaleAndCollectionOfMortgageNotesReceivable
|
$30.65M | USD | 3 Qtrs |
| Payments on mortgage loans |
ProceedsFromSaleAndCollectionOfMortgageNotesReceivable
|
$45.25M | USD | 3 Qtrs |
| Purchases of other long-term investments |
PaymentsToAcquireOtherInvestments
|
$4.80M | USD | 3 Qtrs |
| Purchases of other long-term investments |
PaymentsToAcquireOtherInvestments
|
$17.59M | USD | 3 Qtrs |
| Payments on other long-term investments |
ProceedsFromSaleAndMaturityOfOtherInvestments
|
$7.74M | USD | 3 Qtrs |
| Payments on other long-term investments |
ProceedsFromSaleAndMaturityOfOtherInvestments
|
$8.44M | USD | 3 Qtrs |
| Sale of real estate |
ProceedsFromSaleOfRealEstateHeldforinvestment
|
$682.95K | USD | 3 Qtrs |
| Sale of real estate |
ProceedsFromSaleOfRealEstateHeldforinvestment
|
$350.82K | USD | 3 Qtrs |
| Net change in receivable and payable for securities sold and purchased |
PaymentsForProceedsFromLoansReceivable
|
$595.16K | USD | 3 Qtrs |
| Net change in receivable and payable for securities sold and purchased |
PaymentsForProceedsFromLoansReceivable
|
$1.31M | USD | 3 Qtrs |
| Net cash provided by (used in) investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-80.55M | USD | 3 Qtrs |
| Net cash provided by (used in) investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$3.00M | USD | 3 Qtrs |
| Policyholders' account deposits |
AdditionsToContractHoldersFunds
|
$17.03M | USD | 3 Qtrs |
| Policyholders' account deposits |
AdditionsToContractHoldersFunds
|
$162.18M | USD | 3 Qtrs |
| Policyholders' account withdrawals |
WithdrawalFromContractHoldersFunds
|
$30.04M | USD | 3 Qtrs |
| Policyholders' account withdrawals |
WithdrawalFromContractHoldersFunds
|
$31.18M | USD | 3 Qtrs |
| Shareholders' cash dividend |
PaymentsOfDividends
|
$384.73K | USD | 3 Qtrs |
| Shareholders' cash dividend |
PaymentsOfDividends
|
- | USD | 3 Qtrs |
| Net cash provided by (used in) financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$130.99M | USD | 3 Qtrs |
| Net cash provided by (used in) financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$-13.40M | USD | 3 Qtrs |
| Decrease in cash and cash equivalents |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
$-15.58M | USD | 3 Qtrs |
| Decrease in cash and cash equivalents |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
$-1.17M | USD | 3 Qtrs |
| Cash and cash equivalents, beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
$14.08M | USD | Point-in-time |
| Cash and cash equivalents, beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
$29.67M | USD | Point-in-time |
| Cash and cash equivalents, beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
$22.04M | USD | Point-in-time |
| Cash and cash equivalents, beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
$23.21M | USD | Point-in-time |
| Cash and cash equivalents, end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
$23.21M | USD | Point-in-time |
| Cash and cash equivalents, end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
$14.08M | USD | Point-in-time |
| Cash and cash equivalents, end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
$22.04M | USD | Point-in-time |
| Cash and cash equivalents, end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
$29.67M | USD | Point-in-time |
Stockholders Equity
24 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Balance |
StockholdersEquity
|
$57.44M | USD | Point-in-time |
| Balance |
StockholdersEquity
|
$57.42M | USD | Point-in-time |
| Balance |
StockholdersEquity
|
$50.84M | USD | Point-in-time |
| Balance |
StockholdersEquity
|
$39.13M | USD | Point-in-time |
| Balance |
StockholdersEquity
|
$65.15M | USD | Point-in-time |
| Balance |
StockholdersEquity
|
$61.92M | USD | Point-in-time |
| Net income |
NetIncomeLoss
|
$4.33M | USD | 3 Qtrs |
| Net income |
NetIncomeLoss
|
$2.10M | USD | 3 Qtrs |
| Net income |
NetIncomeLoss
|
$1.77M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$840.06K | USD | 1 Quarter |
| Other comprehensive income |
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
$4.27M | USD | 3 Qtrs |
| Other comprehensive income |
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
$4.84M | USD | 1 Quarter |
| Other comprehensive income |
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
$2.39M | USD | 1 Quarter |
| Other comprehensive income |
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
$13.99M | USD | 3 Qtrs |
| Recapitalization |
StockholdersEquityRecapitalization
|
- | USD | 3 Qtrs |
| Recapitalization |
StockholdersEquityRecapitalization
|
- | USD | 1 Quarter |
| Shareholders' cash dividend |
DividendsCash
|
$384.73K | USD | 3 Qtrs |
| Acquisition of K-TENN Insurance Company |
StockIssuedDuringPeriodValueAcquisitions
|
$1.75M | USD | 3 Qtrs |
| Balance |
StockholdersEquity
|
$57.44M | USD | Point-in-time |
| Balance |
StockholdersEquity
|
$57.42M | USD | Point-in-time |
| Balance |
StockholdersEquity
|
$50.84M | USD | Point-in-time |
| Balance |
StockholdersEquity
|
$39.13M | USD | Point-in-time |
| Balance |
StockholdersEquity
|
$65.15M | USD | Point-in-time |
| Balance |
StockholdersEquity
|
$61.92M | USD | Point-in-time |
Comprehensive Income
36 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income |
NetIncomeLoss
|
$4.33M | USD | 3 Qtrs |
| Net income |
NetIncomeLoss
|
$2.10M | USD | 3 Qtrs |
| Net income |
NetIncomeLoss
|
$1.77M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$840.06K | USD | 1 Quarter |
| Total net unrealized investment gains arising during the period |
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
|
$18.09M | USD | 3 Qtrs |
| Total net unrealized investment gains arising during the period |
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
|
$3.14M | USD | 1 Quarter |
| Total net unrealized investment gains arising during the period |
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
|
$6.47M | USD | 1 Quarter |
| Total net unrealized investment gains arising during the period |
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
|
$5.85M | USD | 3 Qtrs |
| Less net realized investment gains having no credit losses |
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax
|
$350.03K | USD | 3 Qtrs |
| Less net realized investment gains having no credit losses |
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax
|
$111.67K | USD | 1 Quarter |
| Less net realized investment gains having no credit losses |
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax
|
$340.87K | USD | 1 Quarter |
| Less net realized investment gains having no credit losses |
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax
|
$429.81K | USD | 3 Qtrs |
| Net unrealized investment gains |
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeTax
|
$6.13M | USD | 1 Quarter |
| Net unrealized investment gains |
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeTax
|
$3.02M | USD | 1 Quarter |
| Net unrealized investment gains |
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeTax
|
$5.42M | USD | 3 Qtrs |
| Net unrealized investment gains |
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeTax
|
$17.74M | USD | 3 Qtrs |
| Less adjustment to deferred acquisition costs |
OtherComprehensiveIncomeLossAdjustmentToDeferredAcquisitionCosts
|
$4.79K | USD | 1 Quarter |
| Less adjustment to deferred acquisition costs |
OtherComprehensiveIncomeLossAdjustmentToDeferredAcquisitionCosts
|
$14.61K | USD | 3 Qtrs |
| Less adjustment to deferred acquisition costs |
OtherComprehensiveIncomeLossAdjustmentToDeferredAcquisitionCosts
|
$9.09K | USD | 1 Quarter |
| Less adjustment to deferred acquisition costs |
OtherComprehensiveIncomeLossAdjustmentToDeferredAcquisitionCosts
|
$32.18K | USD | 3 Qtrs |
| Other comprehensive income before federal income tax expense |
OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent
|
$3.02M | USD | 1 Quarter |
| Other comprehensive income before federal income tax expense |
OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent
|
$17.71M | USD | 3 Qtrs |
| Other comprehensive income before federal income tax expense |
OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent
|
$6.12M | USD | 1 Quarter |
| Other comprehensive income before federal income tax expense |
OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent
|
$5.40M | USD | 3 Qtrs |
| Federal income tax expense |
OtherComprehensiveIncomeLossTaxPortionAttributableToParent1
|
$634.23K | USD | 1 Quarter |
| Federal income tax expense |
OtherComprehensiveIncomeLossTaxPortionAttributableToParent1
|
$3.72M | USD | 3 Qtrs |
| Federal income tax expense |
OtherComprehensiveIncomeLossTaxPortionAttributableToParent1
|
$1.29M | USD | 1 Quarter |
| Federal income tax expense |
OtherComprehensiveIncomeLossTaxPortionAttributableToParent1
|
$1.13M | USD | 3 Qtrs |
| Total other comprehensive income |
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
$13.99M | USD | 3 Qtrs |
| Total other comprehensive income |
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
$2.39M | USD | 1 Quarter |
| Total other comprehensive income |
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
$4.84M | USD | 1 Quarter |
| Total other comprehensive income |
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
$4.27M | USD | 3 Qtrs |
| Total comprehensive income |
ComprehensiveIncomeNetOfTax
|
$18.32M | USD | 3 Qtrs |
| Total comprehensive income |
ComprehensiveIncomeNetOfTax
|
$3.23M | USD | 1 Quarter |
| Total comprehensive income |
ComprehensiveIncomeNetOfTax
|
$6.61M | USD | 1 Quarter |
| Total comprehensive income |
ComprehensiveIncomeNetOfTax
|
$6.37M | USD | 3 Qtrs |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.