10-K Filing

First Trinity Financial CORP CIK: 1395585 FY 2020

Filing Information

Form Type	10-K
Accession Number	`0001437749-21-005681`
Period End Date	20201231
Filing Date	20210311
Fiscal Year	2020
Fiscal Period	FY
XBRL Instance	ftfc-20201231.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 65 Income Statement 50 Cash Flow Statement 98 Stockholders Equity 14 Comprehensive Income 18

Balance Sheet 65 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`	$174.91M	USD	Point-in-time
Mortgage loans on real estate	`MortgageLoansOnRealEstateCommercialAndConsumerNet`	$162.40M	USD	Point-in-time
Investment real estate	`RealEstateInvestments`	$757.94K	USD	Point-in-time
Investment real estate	`RealEstateInvestments`	$1.95M	USD	Point-in-time
Policy loans	`PolicyLoansReceivable`	$2.03M	USD	Point-in-time
Policy loans	`PolicyLoansReceivable`	$2.11M	USD	Point-in-time
Short-term investments	`ShortTermInvestmentsExcludingFixedMaturitySecuritiesAvailableForSalePreferredStockAndEquitySecuritiesFVNI`	$3.31M	USD	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
Treasury stock, shares (in shares)	`TreasuryStockShares`	247,580.00	shares	Point-in-time
Other long-term investments	`OtherLongTermInvestments`	$71.82M	USD	Point-in-time
Other long-term investments	`OtherLongTermInvestments`	$71.03M	USD	Point-in-time
Total investments	`Investments`	$419.24M	USD	Point-in-time
Total investments	`Investments`	$422.96M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$40.23M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$23.21M	USD	Point-in-time
Accrued investment income	`AccruedInvestmentIncomeReceivable`	$5.21M	USD	Point-in-time
Accrued investment income	`AccruedInvestmentIncomeReceivable`	$5.37M	USD	Point-in-time
Recoverable from reinsurers	`ReinsuranceRecoverables`	$1.24M	USD	Point-in-time
Recoverable from reinsurers	`ReinsuranceRecoverables`	$1.23M	USD	Point-in-time
Assets held in trust under coinsurance agreement	`AssetsHeldInTrustUnderCoinsuranceAgreement`	$105.09M	USD	Point-in-time
Assets held in trust under coinsurance agreement	`AssetsHeldInTrustUnderCoinsuranceAgreement`	$112.16M	USD	Point-in-time
Agents' balances and due premiums	`PremiumsReceivableAtCarryingValue`	$1.62M	USD	Point-in-time
Agents' balances and due premiums	`PremiumsReceivableAtCarryingValue`	$2.15M	USD	Point-in-time
Deferred policy acquisition costs	`DeferredPolicyAcquisitionCosts`	$38.01M	USD	Point-in-time
Deferred policy acquisition costs	`DeferredPolicyAcquisitionCosts`	$44.51M	USD	Point-in-time
Deferred policy acquisition costs	`DeferredPolicyAcquisitionCosts`	$29.68M	USD	Point-in-time
Value of insurance business acquired	`ValueOfBusinessAcquiredVOBA`	$4.59M	USD	Point-in-time
Value of insurance business acquired	`ValueOfBusinessAcquiredVOBA`	$4.89M	USD	Point-in-time
Other assets	`OtherAssets`	$10.38M	USD	Point-in-time
Other assets	`OtherAssets`	$6.42M	USD	Point-in-time
Total assets	`Assets`	$604.94M	USD	Point-in-time
Total assets	`Assets`	$643.60M	USD	Point-in-time
Policyholders' account balances	`PolicyholderFunds`	$362.52M	USD	Point-in-time
Policyholders' account balances	`PolicyholderFunds`	$363.08M	USD	Point-in-time
Future policy benefits	`LiabilityForFuturePolicyBenefits`	$76.67M	USD	Point-in-time
Future policy benefits	`LiabilityForFuturePolicyBenefits`	$65.02M	USD	Point-in-time
Policy claims	`LiabilityForClaimsAndClaimsAdjustmentExpense`	$2.10M	USD	Point-in-time
Policy claims	`LiabilityForClaimsAndClaimsAdjustmentExpense`	$1.40M	USD	Point-in-time
Other policy liabilities	`OtherPolicyLiabilities`	$119.70K	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`	$441.41M	USD	Point-in-time
Funds withheld under coinsurance agreement	`FundsWithheldUnderCoinsuranceAgreements`	$105.64M	USD	Point-in-time
Funds withheld under coinsurance agreement	`FundsWithheldUnderCoinsuranceAgreements`	$112.68M	USD	Point-in-time
Deferred federal income taxes	`DeferredIncomeTaxLiabilitiesNet`	$6.35M	USD	Point-in-time
Deferred federal income taxes	`DeferredIncomeTaxLiabilitiesNet`	$9.22M	USD	Point-in-time
Other liabilities	`OtherLiabilities`	$10.43M	USD	Point-in-time
Other liabilities	`OtherLiabilities`	$5.90M	USD	Point-in-time
Total liabilities	`Liabilities`	$573.74M	USD	Point-in-time
Total liabilities	`Liabilities`	$547.52M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$28.68M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$39.08M	USD	Point-in-time
Treasury stock, at cost (247,580 shares as of December 31, 2020 and 2019)	`TreasuryStockValue`	$893.95K	USD	Point-in-time
Treasury stock, at cost (247,580 shares as of December 31, 2020 and 2019)	`TreasuryStockValue`	$893.95K	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$9.62M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$17.52M	USD	Point-in-time
Accumulated earnings	`RetainedEarningsAccumulatedDeficit`	$19.93M	USD	Point-in-time
Accumulated earnings	`RetainedEarningsAccumulatedDeficit`	$14.06M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$39.13M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$57.42M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$69.85M	USD	Point-in-time
Total liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$643.60M	USD	Point-in-time
Total liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$604.94M	USD	Point-in-time

Income Statement 50 line items

Line Item	Tag	Value	Unit	Period
Premiums	`PremiumsEarnedNet`	$28.05M	USD	Annual
Premiums	`PremiumsEarnedNet`	$23.13M	USD	Annual
Net investment income	`NetInvestmentIncome`	$24.08M	USD	Annual
Net investment income	`NetInvestmentIncome`	$24.37M	USD	Annual
Net realized investment gains	`RealizedInvestmentGainsLosses`	$967.98K	USD	Annual
Net realized investment gains	`RealizedInvestmentGainsLosses`	$1.01M	USD	Annual
Loss on other-than-temporary impairments	`OtherThanTemporaryImpairmentLossDebtSecuritiesAvailableForSaleRecognizedInEarnings`	-	USD	Annual
Loss on other-than-temporary impairments	`OtherThanTemporaryImpairmentLossDebtSecuritiesAvailableForSaleRecognizedInEarnings`	$801.34K	USD	Annual
Service fees	`InsuranceCommissionsAndFees`	$1.09M	USD	Annual
Service fees	`InsuranceCommissionsAndFees`	$264.51K	USD	Annual
Other income	`OtherIncome`	$226.41K	USD	Annual
Other income	`OtherIncome`	$188.76K	USD	Annual
Total revenues	`Revenues`	$52.79M	USD	Annual
Total revenues	`Revenues`	$49.78M	USD	Annual
Increase in future policy benefits	`LiabilityForFuturePolicyBenefitsPeriodExpense`	$11.55M	USD	Annual
Increase in future policy benefits	`LiabilityForFuturePolicyBenefitsPeriodExpense`	$8.77M	USD	Annual
Death benefits	`PolicyholderBenefitsAndClaimsIncurredLifeAndAnnuity`	$6.56M	USD	Annual
Death benefits	`PolicyholderBenefitsAndClaimsIncurredLifeAndAnnuity`	$9.47M	USD	Annual
Surrenders	`PolicyholderBenefitsAndClaimsIncurredOther`	$1.00M	USD	Annual
Surrenders	`PolicyholderBenefitsAndClaimsIncurredOther`	$1.16M	USD	Annual
Interest credited to policyholders	`InterestCreditedToPolicyholdersAccountBalances`	$12.28M	USD	Annual
Interest credited to policyholders	`InterestCreditedToPolicyholdersAccountBalances`	$11.78M	USD	Annual
Dividend, endowment and supplementary life contract benefits	`PolicyholderDividends`	$287.95K	USD	Annual
Dividend, endowment and supplementary life contract benefits	`PolicyholderDividends`	$311.87K	USD	Annual
Total benefits and claims	`BenefitsAndClaims`	$28.40M	USD	Annual
Total benefits and claims	`BenefitsAndClaims`	$34.77M	USD	Annual
Policy acquisition costs deferred	`DeferredPolicyAcquisitionCostsOperating`	$12.37M	USD	Annual
Policy acquisition costs deferred	`DeferredPolicyAcquisitionCostsOperating`	$11.86M	USD	Annual
Amortization of deferred policy acquisition costs	`DeferredPolicyAcquisitionCostAmortizationExpense`	$4.02M	USD	Annual
Amortization of deferred policy acquisition costs	`DeferredPolicyAcquisitionCostAmortizationExpense`	$5.33M	USD	Annual
Amortization of value of insurance business acquired	`AmortizationOfValueOfBusinessAcquiredVOBA`	$298.47K	USD	Annual
Amortization of value of insurance business acquired	`AmortizationOfValueOfBusinessAcquiredVOBA`	$294.42K	USD	Annual
Commissions	`InsuranceCommissions`	$12.13M	USD	Annual
Commissions	`InsuranceCommissions`	$11.07M	USD	Annual
Other underwriting, insurance and acquisition expenses	`OtherExpenses`	$9.10M	USD	Annual
Other underwriting, insurance and acquisition expenses	`OtherExpenses`	$9.10M	USD	Annual
Total expenses	`OperatingExpenses`	$13.16M	USD	Annual
Total expenses	`OperatingExpenses`	$13.94M	USD	Annual
Total benefits, claims and expenses	`BenefitsLossesAndExpenses`	$48.71M	USD	Annual
Total benefits, claims and expenses	`BenefitsLossesAndExpenses`	$41.56M	USD	Annual
Income before total federal income tax expense	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic`	$4.08M	USD	Annual
Income before total federal income tax expense	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic`	$8.22M	USD	Annual
Current federal income tax expense	`CurrentIncomeTaxExpenseBenefit`	$127.70K	USD	Annual
Current federal income tax expense	`CurrentIncomeTaxExpenseBenefit`	$1.39M	USD	Annual
Deferred federal income tax expense	`DeferredIncomeTaxExpenseBenefit`	$731.18K	USD	Annual
Deferred federal income tax expense	`DeferredIncomeTaxExpenseBenefit`	$774.40K	USD	Annual
Total federal income tax expense	`IncomeTaxExpenseBenefit`	$2.12M	USD	Annual
Total federal income tax expense	`IncomeTaxExpenseBenefit`	$902.10K	USD	Annual
Net income	`NetIncomeLoss`	$6.10M	USD	Annual
Net income	`NetIncomeLoss`	$3.18M	USD	Annual

Cash Flow Statement 98 line items

Line Item	Tag	Value	Unit	Period
Change in receivable for securities sold	`IncreaseDecreaseInReceivableForSecuritiesSold`	-	USD	Annual
Change in receivable for securities sold	`IncreaseDecreaseInReceivableForSecuritiesSold`	$-33.60K	USD	Annual
Net income	`NetIncomeLoss`	$6.10M	USD	Annual
Change in payable of securities purchased	`IncreaseDecreaseInPayableOfSecuritiesPurchased`	$-393.20K	USD	Annual
Change in payable of securities purchased	`IncreaseDecreaseInPayableOfSecuritiesPurchased`	$377.48K	USD	Annual
Net income	`NetIncomeLoss`	$3.18M	USD	Annual
Provision for depreciation	`Depreciation`	$121.24K	USD	Annual
Provision for depreciation	`Depreciation`	$145.49K	USD	Annual
Accretion of discount on investments	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$4.64M	USD	Annual
Accretion of discount on investments	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$4.99M	USD	Annual
Net realized investment gains	`RealizedInvestmentGainsLosses`	$967.98K	USD	Annual
Net realized investment gains	`RealizedInvestmentGainsLosses`	$1.01M	USD	Annual
Loss on other-than-temporary impairments	`OtherThanTemporaryImpairmentLossDebtSecuritiesAvailableForSaleRecognizedInEarnings`	$801.34K	USD	Annual
Loss on other-than-temporary impairments	`OtherThanTemporaryImpairmentLossDebtSecuritiesAvailableForSaleRecognizedInEarnings`	-	USD	Annual
Amortization of policy acquisition cost	`DeferredPolicyAcquisitionCostAmortizationExpense`	$4.02M	USD	Annual
Amortization of policy acquisition cost	`DeferredPolicyAcquisitionCostAmortizationExpense`	$5.33M	USD	Annual
Policy acquisition costs deferred	`DeferredPolicyAcquisitionCostsOperating`	$12.37M	USD	Annual
Policy acquisition costs deferred	`DeferredPolicyAcquisitionCostsOperating`	$11.86M	USD	Annual
Amortization of loan origination fees	`AmortizationOfFinancingCosts`	$33.26K	USD	Annual
Amortization of loan origination fees	`AmortizationOfFinancingCosts`	$25.72K	USD	Annual
Amortization of value of insurance business acquired	`AmortizationOfValueOfBusinessAcquiredVOBA`	$298.47K	USD	Annual
Amortization of value of insurance business acquired	`AmortizationOfValueOfBusinessAcquiredVOBA`	$294.42K	USD	Annual
Allowance for mortgage loan losses	`ProvisionForLoanAndLeaseLosses`	$81.21K	USD	Annual
Allowance for mortgage loan losses	`ProvisionForLoanAndLeaseLosses`	$36.52K	USD	Annual
Provision for deferred federal income tax expense	`DeferredIncomeTaxExpenseBenefit`	$774.40K	USD	Annual
Provision for deferred federal income tax expense	`DeferredIncomeTaxExpenseBenefit`	$731.18K	USD	Annual
Interest credited to policyholders	`InterestCreditedToPolicyholdersAccountBalances`	$12.28M	USD	Annual
Interest credited to policyholders	`InterestCreditedToPolicyholdersAccountBalances`	$11.78M	USD	Annual
Policy loans	`IncreaseDecreaseInOtherLoans`	$216.96K	USD	Annual
Policy loans	`IncreaseDecreaseInOtherLoans`	$81.33K	USD	Annual
Short-term investments	`IncreaseDecreaseInShortTermInvestments`	$934.72K	USD	Annual
Short-term investments	`IncreaseDecreaseInShortTermInvestments`	$1.48M	USD	Annual
Accrued investment income	`IncreaseDecreaseInAccruedInvestmentIncomeReceivable`	$162.19K	USD	Annual
Accrued investment income	`IncreaseDecreaseInAccruedInvestmentIncomeReceivable`	$2.53M	USD	Annual
Recoverable from reinsurers	`IncreaseDecreaseInReinsuranceRecoverable`	$-1.08M	USD	Annual
Recoverable from reinsurers	`IncreaseDecreaseInReinsuranceRecoverable`	$-10.51K	USD	Annual
Assets held in trust under coinsurance agreement	`IncreaseDecreaseInAssetsHeldInTrustUnderCoinsuranceAgreement`	$-2.32M	USD	Annual
Assets held in trust under coinsurance agreement	`IncreaseDecreaseInAssetsHeldInTrustUnderCoinsuranceAgreement`	$72.49M	USD	Annual
Agents' balances and due premiums	`IncreaseDecreaseInAccountsReceivable`	$532.22K	USD	Annual
Agents' balances and due premiums	`IncreaseDecreaseInAccountsReceivable`	$199.20K	USD	Annual
Other assets (excludes change in receivable for securities sold of ($33,600) in 2019)	`IncreaseDecreaseInOtherOperatingAssets`	$-4.76M	USD	Annual
Other assets (excludes change in receivable for securities sold of ($33,600) in 2019)	`IncreaseDecreaseInOtherOperatingAssets`	$3.95M	USD	Annual
Future policy benefits	`IncreaseDecreaseInFuturePolicyBenefitReservesAndOtherInsuranceLiabilities`	$11.51M	USD	Annual
Future policy benefits	`IncreaseDecreaseInFuturePolicyBenefitReservesAndOtherInsuranceLiabilities`	$8.75M	USD	Annual
Policy claims	`IncreaseDecreaseInLifeInsuranceLiabilities`	$297.14K	USD	Annual
Policy claims	`IncreaseDecreaseInLifeInsuranceLiabilities`	$700.15K	USD	Annual
Other policy liabilities	`IncreaseDecreaseInOtherPolicyLiabilities`	$60.42K	USD	Annual
Other policy liabilities	`IncreaseDecreaseInOtherPolicyLiabilities`	$-22.49K	USD	Annual
Other liabilities (excludes change in payable of securities purchased of $377,481 and ($393,198) in 2020 and 2019, respectively)	`IncreaseDecreaseInOtherOperatingLiabilities`	$-1.82M	USD	Annual
Other liabilities (excludes change in payable of securities purchased of $377,481 and ($393,198) in 2020 and 2019, respectively)	`IncreaseDecreaseInOtherOperatingLiabilities`	$4.14M	USD	Annual
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$17.44M	USD	Annual
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-58.05M	USD	Annual
Purchases of fixed maturity securities	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$4.01M	USD	Annual
Purchases of fixed maturity securities	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$65.66M	USD	Annual
Maturities of fixed maturity securities	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$4.53M	USD	Annual
Maturities of fixed maturity securities	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$945.50K	USD	Annual
Sales of fixed maturity securities	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	$29.18M	USD	Annual
Sales of fixed maturity securities	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	$21.39M	USD	Annual
Sales of preferred stock	`ProceedsFromSaleOfPreferredStockSecurities`	$50.00K	USD	Annual
Sales of preferred stock	`ProceedsFromSaleOfPreferredStockSecurities`	$50.00K	USD	Annual
Purchases of equity securities	`PaymentsToAcquireAvailableForSaleSecuritiesEquity`	$90.29K	USD	Annual
Purchases of equity securities	`PaymentsToAcquireAvailableForSaleSecuritiesEquity`	$115.36K	USD	Annual
Sales of equity securities	`ProceedsFromSaleOfAvailableForSaleSecuritiesEquity`	$19.37K	USD	Annual
Sales of equity securities	`ProceedsFromSaleOfAvailableForSaleSecuritiesEquity`	-	USD	Annual
Acquisition of K-TENN Insurance Company	`CashAcquiredFromAcquisition`	-	USD	Annual
Acquisition of K-TENN Insurance Company	`CashAcquiredFromAcquisition`	$1.11M	USD	Annual
Joint venture distribution	`ProceedsFromDivestitureOfInterestInJointVenture`	$87.27K	USD	Annual
Joint venture distribution	`ProceedsFromDivestitureOfInterestInJointVenture`	$115.29K	USD	Annual
Purchases of mortgage loans	`PaymentsToAcquireMortageLoans`	$74.69M	USD	Annual
Purchases of mortgage loans	`PaymentsToAcquireMortageLoans`	$77.13M	USD	Annual
Payments on mortgage loans	`ProceedsFromSaleAndCollectionOfMortgageNotesReceivable`	$42.50M	USD	Annual
Payments on mortgage loans	`ProceedsFromSaleAndCollectionOfMortgageNotesReceivable`	$64.25M	USD	Annual
Purchases of other long-term investments	`PaymentsToAcquireOtherInvestments`	$5.79M	USD	Annual
Purchases of other long-term investments	`PaymentsToAcquireOtherInvestments`	$18.61M	USD	Annual
Collections on other long-term investments	`ProceedsFromSaleAndMaturityOfOtherInvestments`	$10.90M	USD	Annual
Collections on other long-term investments	`ProceedsFromSaleAndMaturityOfOtherInvestments`	$11.76M	USD	Annual
Sales of real estate	`ProceedsFromSaleOfRealEstateHeldforinvestment`	$350.82K	USD	Annual
Sales of real estate	`ProceedsFromSaleOfRealEstateHeldforinvestment`	$2.22M	USD	Annual
Net change in receivable and payable for securities sold and purchased	`PaymentsForProceedsFromLoansReceivable`	$359.60K	USD	Annual
Net change in receivable and payable for securities sold and purchased	`PaymentsForProceedsFromLoansReceivable`	$-377.48K	USD	Annual
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$15.16M	USD	Annual
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-71.79M	USD	Annual
Policyholders' account deposits	`AdditionsToContractHoldersFunds`	$163.78M	USD	Annual
Policyholders' account deposits	`AdditionsToContractHoldersFunds`	$24.28M	USD	Annual
Policyholders' account withdrawals	`WithdrawalFromContractHoldersFunds`	$40.40M	USD	Annual
Policyholders' account withdrawals	`WithdrawalFromContractHoldersFunds`	$39.48M	USD	Annual
Shareholders' cash dividends	`PaymentsOfDividends`	-	USD	Annual
Shareholders' cash dividends	`PaymentsOfDividends`	$393.18K	USD	Annual
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-15.59M	USD	Annual
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$123.38M	USD	Annual
Increase (decrease) in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-6.45M	USD	Annual
Increase (decrease) in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$17.02M	USD	Annual
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$40.23M	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`	$23.21M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$40.23M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$29.67M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$23.21M	USD	Point-in-time

Stockholders Equity 14 line items

Line Item	Tag	Value	Unit	Period
Balance	`StockholdersEquity`	$39.13M	USD	Point-in-time
Balance	`StockholdersEquity`	$57.42M	USD	Point-in-time
Balance	`StockholdersEquity`	$69.85M	USD	Point-in-time
Net income	`NetIncomeLoss`	$6.10M	USD	Annual
Net income	`NetIncomeLoss`	$3.18M	USD	Annual
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$7.90M	USD	Annual
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$12.19M	USD	Annual
Shareholders' cash dividend	`DividendsCash`	$393.18K	USD	Annual
Change in shareholders' equity due to the stock dividend	`StockIssuedDuringPeriodValueStockDividend`	-	USD	Annual
Acquisition of K-TENN Insurance Company	`StockIssuedDuringPeriodValueAcquisitions`	$1.75M	USD	Annual
Recapitalization	`StockholdersEquityRecapitalization`	-	USD	Annual
Balance	`StockholdersEquity`	$39.13M	USD	Point-in-time
Balance	`StockholdersEquity`	$57.42M	USD	Point-in-time
Balance	`StockholdersEquity`	$69.85M	USD	Point-in-time

Comprehensive Income 18 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$6.10M	USD	Annual
Net income	`NetIncomeLoss`	$3.18M	USD	Annual
Total net unrealized investment gains arising during the period	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax`	$16.45M	USD	Annual
Total net unrealized investment gains arising during the period	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax`	$9.78M	USD	Annual
Less net realized investment gains (losses)	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax`	$-248.17K	USD	Annual
Less net realized investment gains (losses)	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax`	$989.51K	USD	Annual
Net unrealized investment gains	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeTax`	$15.46M	USD	Annual
Net unrealized investment gains	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeTax`	$10.02M	USD	Annual
Adjustment to deferred acquisition costs	`OtherComprehensiveIncomeLossAdjustmentToDeferredAcquisitionCosts`	$21.21K	USD	Annual
Adjustment to deferred acquisition costs	`OtherComprehensiveIncomeLossAdjustmentToDeferredAcquisitionCosts`	$29.97K	USD	Annual
Other comprehensive income before federal income tax expense	`OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent`	$15.43M	USD	Annual
Other comprehensive income before federal income tax expense	`OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent`	$10.00M	USD	Annual
Federal income tax expense	`OtherComprehensiveIncomeLossTaxPortionAttributableToParent1`	$3.24M	USD	Annual
Federal income tax expense	`OtherComprehensiveIncomeLossTaxPortionAttributableToParent1`	$2.10M	USD	Annual
Total other comprehensive income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$7.90M	USD	Annual
Total other comprehensive income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$12.19M	USD	Annual
Total comprehensive income	`ComprehensiveIncomeNetOfTax`	$11.08M	USD	Annual
Total comprehensive income	`ComprehensiveIncomeNetOfTax`	$18.29M	USD	Annual

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