10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0001437749-21-019659 |
| Period End Date | 20210630 |
| Filing Date | 20210812 |
| Fiscal Year | 2021 |
| Fiscal Period | Q2 |
| XBRL Instance | ftfc20210630_10q_htm.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
69 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Available-for-sale securities at cost |
AvailableForSaleDebtSecuritiesAmortizedCostBasis
|
$1.25M | USD | Point-in-time |
| Available-for-sale securities at fair value |
AvailableForSaleSecuritiesDebtSecurities
|
$1.25M | USD | Point-in-time |
| Available-for-sale securities at fair value |
AvailableForSaleSecuritiesDebtSecurities
|
- | USD | Point-in-time |
| Mortgage loans on real estate |
MortgageLoansOnRealEstateCommercialAndConsumerNet
|
$174.91M | USD | Point-in-time |
| Mortgage loans on real estate |
MortgageLoansOnRealEstateCommercialAndConsumerNet
|
$169.71M | USD | Point-in-time |
| Investment real estate |
RealEstateInvestments
|
$757.94K | USD | Point-in-time |
| Investment real estate |
RealEstateInvestments
|
$1.15M | USD | Point-in-time |
| Policy loans |
PolicyLoansReceivable
|
$2.11M | USD | Point-in-time |
| Policy loans |
PolicyLoansReceivable
|
$2.13M | USD | Point-in-time |
| Short-term investments |
ShortTermInvestmentsExcludingFixedMaturitySecuritiesAvailableForSalePreferredStockAndEquitySecuritiesFVNI
|
$2.85M | 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 |
| Short-term investments |
ShortTermInvestmentsExcludingFixedMaturitySecuritiesAvailableForSalePreferredStockAndEquitySecuritiesFVNI
|
$3.31M | USD | Point-in-time |
| Other long-term investments |
OtherLongTermInvestments
|
$68.19M | USD | Point-in-time |
| Other long-term investments |
OtherLongTermInvestments
|
$71.03M | USD | Point-in-time |
| Total investments |
Investments
|
$418.70M | 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
|
$55.20M | USD | Point-in-time |
| Accrued investment income |
AccruedInvestmentIncomeReceivable
|
$5.11M | USD | Point-in-time |
| Accrued investment income |
AccruedInvestmentIncomeReceivable
|
$5.37M | USD | Point-in-time |
| Recoverable from reinsurers |
ReinsuranceRecoverables
|
$1.09M | USD | Point-in-time |
| Recoverable from reinsurers |
ReinsuranceRecoverables
|
$1.23M | USD | Point-in-time |
| Assets held in trust under coinsurance agreement |
AssetsHeldInTrustUnderCoinsuranceAgreement
|
$112.16M | USD | Point-in-time |
| Assets held in trust under coinsurance agreement |
AssetsHeldInTrustUnderCoinsuranceAgreement
|
$109.42M | USD | Point-in-time |
| Agents' balances and due premiums |
PremiumsReceivableAtCarryingValue
|
$1.95M | USD | Point-in-time |
| Agents' balances and due premiums |
PremiumsReceivableAtCarryingValue
|
$2.15M | USD | Point-in-time |
| Deferred policy acquisition costs |
DeferredPolicyAcquisitionCosts
|
$44.51M | USD | Point-in-time |
| Deferred policy acquisition costs |
DeferredPolicyAcquisitionCosts
|
$47.20M | USD | Point-in-time |
| Value of insurance business acquired |
ValueOfBusinessAcquiredVOBA
|
$4.45M | USD | Point-in-time |
| Value of insurance business acquired |
ValueOfBusinessAcquiredVOBA
|
$4.59M | USD | Point-in-time |
| Other assets |
OtherAssets
|
$10.05M | USD | Point-in-time |
| Other assets |
OtherAssets
|
$10.38M | USD | Point-in-time |
| Total assets |
Assets
|
$653.16M | USD | Point-in-time |
| Total assets |
Assets
|
$643.60M | USD | Point-in-time |
| Policyholders' account balances |
PolicyholderFunds
|
$374.18M | USD | Point-in-time |
| Policyholders' account balances |
PolicyholderFunds
|
$362.52M | USD | Point-in-time |
| Future policy benefits |
LiabilityForFuturePolicyBenefits
|
$76.67M | USD | Point-in-time |
| Future policy benefits |
LiabilityForFuturePolicyBenefits
|
$81.81M | USD | Point-in-time |
| Policy claims |
LiabilityForClaimsAndClaimsAdjustmentExpense
|
$2.10M | USD | Point-in-time |
| Policy claims |
LiabilityForClaimsAndClaimsAdjustmentExpense
|
$1.76M | USD | Point-in-time |
| Other policy liabilities |
OtherPolicyLiabilities
|
$119.70K | USD | Point-in-time |
| Other policy liabilities |
OtherPolicyLiabilities
|
$88.25K | USD | Point-in-time |
| Total policy liabilities |
PolicyLiabilities
|
$457.83M | USD | Point-in-time |
| Total policy liabilities |
PolicyLiabilities
|
$441.41M | USD | Point-in-time |
| Funds withheld under coinsurance agreement |
FundsWithheldUnderCoinsuranceAgreements
|
$112.68M | USD | Point-in-time |
| Funds withheld under coinsurance agreement |
FundsWithheldUnderCoinsuranceAgreements
|
$109.07M | USD | Point-in-time |
| Deferred federal income taxes |
DeferredIncomeTaxLiabilitiesNet
|
$9.10M | 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
|
$8.17M | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$584.17M | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$573.74M | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapital
|
$39.08M | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapital
|
$39.08M | USD | Point-in-time |
| Treasury stock, at cost (247,580 shares as of June 30, 2021 and December 31, 2020 ) |
TreasuryStockValue
|
$893.95K | USD | Point-in-time |
| Treasury stock, at cost (247,580 shares as of June 30, 2021 and December 31, 2020 ) |
TreasuryStockValue
|
$893.95K | USD | Point-in-time |
| Accumulated other comprehensive income |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$15.90M | USD | Point-in-time |
| Accumulated other comprehensive income |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$17.52M | USD | Point-in-time |
| Accumulated earnings |
RetainedEarningsAccumulatedDeficit
|
$14.82M | USD | Point-in-time |
| Accumulated earnings |
RetainedEarningsAccumulatedDeficit
|
$14.06M | USD | Point-in-time |
| Total shareholders' equity |
StockholdersEquity
|
$61.92M | USD | Point-in-time |
| Total shareholders' equity |
StockholdersEquity
|
$64.06M | USD | Point-in-time |
| Total shareholders' equity |
StockholdersEquity
|
$69.85M | USD | Point-in-time |
| Total shareholders' equity |
StockholdersEquity
|
$57.42M | USD | Point-in-time |
| Total shareholders' equity |
StockholdersEquity
|
$49.52M | USD | Point-in-time |
| Total shareholders' equity |
StockholdersEquity
|
$68.99M | USD | Point-in-time |
| Total liabilities and shareholders' equity |
LiabilitiesAndStockholdersEquity
|
$653.16M | USD | Point-in-time |
| Total liabilities and shareholders' equity |
LiabilitiesAndStockholdersEquity
|
$643.60M | USD | Point-in-time |
Income Statement
96 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Premiums |
PremiumsEarnedNet
|
$12.81M | USD | 2 Qtrs |
| Premiums |
PremiumsEarnedNet
|
$7.88M | USD | 1 Quarter |
| Premiums |
PremiumsEarnedNet
|
$14.86M | USD | 2 Qtrs |
| Premiums |
PremiumsEarnedNet
|
$6.44M | USD | 1 Quarter |
| Net investment income |
NetInvestmentIncome
|
$5.88M | USD | 1 Quarter |
| Net investment income |
NetInvestmentIncome
|
$12.22M | USD | 2 Qtrs |
| Net investment income |
NetInvestmentIncome
|
$12.15M | USD | 2 Qtrs |
| Net investment income |
NetInvestmentIncome
|
$6.07M | USD | 1 Quarter |
| Net realized investment gains |
RealizedInvestmentGainsLosses
|
$170.36K | USD | 2 Qtrs |
| Net realized investment gains |
RealizedInvestmentGainsLosses
|
$118.27K | USD | 1 Quarter |
| Net realized investment gains |
RealizedInvestmentGainsLosses
|
$410.38K | USD | 1 Quarter |
| Net realized investment gains |
RealizedInvestmentGainsLosses
|
$433.88K | USD | 2 Qtrs |
| Service fees |
InsuranceCommissionsAndFees
|
$7.03K | USD | 1 Quarter |
| Service fees |
InsuranceCommissionsAndFees
|
$17.90K | USD | 2 Qtrs |
| Service fees |
InsuranceCommissionsAndFees
|
$179.59K | USD | 2 Qtrs |
| Service fees |
InsuranceCommissionsAndFees
|
$81.60K | USD | 1 Quarter |
| Other income |
OtherIncome
|
$45.57K | USD | 1 Quarter |
| Other income |
OtherIncome
|
$105.38K | USD | 1 Quarter |
| Other income |
OtherIncome
|
$118.79K | USD | 2 Qtrs |
| Other income |
OtherIncome
|
$59.34K | USD | 2 Qtrs |
| Total revenues |
Revenues
|
$14.20M | USD | 1 Quarter |
| Total revenues |
Revenues
|
$27.49M | USD | 2 Qtrs |
| Total revenues |
Revenues
|
$25.52M | USD | 2 Qtrs |
| Total revenues |
Revenues
|
$12.84M | USD | 1 Quarter |
| Increase in future policy benefits |
LiabilityForFuturePolicyBenefitsPeriodExpense
|
$3.05M | USD | 1 Quarter |
| Increase in future policy benefits |
LiabilityForFuturePolicyBenefitsPeriodExpense
|
$5.11M | USD | 2 Qtrs |
| Increase in future policy benefits |
LiabilityForFuturePolicyBenefitsPeriodExpense
|
$5.20M | USD | 2 Qtrs |
| Increase in future policy benefits |
LiabilityForFuturePolicyBenefitsPeriodExpense
|
$2.47M | USD | 1 Quarter |
| Death benefits |
PolicyholderBenefitsAndClaimsIncurredLifeAndAnnuity
|
$5.79M | USD | 2 Qtrs |
| Death benefits |
PolicyholderBenefitsAndClaimsIncurredLifeAndAnnuity
|
$2.48M | USD | 1 Quarter |
| Death benefits |
PolicyholderBenefitsAndClaimsIncurredLifeAndAnnuity
|
$4.09M | USD | 2 Qtrs |
| Death benefits |
PolicyholderBenefitsAndClaimsIncurredLifeAndAnnuity
|
$2.27M | USD | 1 Quarter |
| Surrenders |
PolicyholderBenefitsAndClaimsIncurredOther
|
$721.57K | USD | 2 Qtrs |
| Surrenders |
PolicyholderBenefitsAndClaimsIncurredOther
|
$372.66K | USD | 1 Quarter |
| Surrenders |
PolicyholderBenefitsAndClaimsIncurredOther
|
$228.54K | USD | 1 Quarter |
| Surrenders |
PolicyholderBenefitsAndClaimsIncurredOther
|
$638.90K | USD | 2 Qtrs |
| Interest credited to policyholders |
InterestCreditedToPolicyholdersAccountBalances
|
$6.12M | USD | 2 Qtrs |
| Interest credited to policyholders |
InterestCreditedToPolicyholdersAccountBalances
|
$6.21M | USD | 2 Qtrs |
| Interest credited to policyholders |
InterestCreditedToPolicyholdersAccountBalances
|
$3.06M | USD | 1 Quarter |
| Interest credited to policyholders |
InterestCreditedToPolicyholdersAccountBalances
|
$3.09M | USD | 1 Quarter |
| Dividend, endowment and supplementary life contract benefits |
PolicyholderDividends
|
$71.16K | USD | 1 Quarter |
| Dividend, endowment and supplementary life contract benefits |
PolicyholderDividends
|
$153.22K | USD | 2 Qtrs |
| Dividend, endowment and supplementary life contract benefits |
PolicyholderDividends
|
$143.07K | USD | 2 Qtrs |
| Dividend, endowment and supplementary life contract benefits |
PolicyholderDividends
|
$70.52K | USD | 1 Quarter |
| Total benefits and claims |
BenefitsAndClaims
|
$8.85M | USD | 1 Quarter |
| Total benefits and claims |
BenefitsAndClaims
|
$18.07M | USD | 2 Qtrs |
| Total benefits and claims |
BenefitsAndClaims
|
$16.11M | USD | 2 Qtrs |
| Total benefits and claims |
BenefitsAndClaims
|
$8.31M | USD | 1 Quarter |
| Policy acquisition costs deferred |
DeferredPolicyAcquisitionCostsOperating
|
$2.69M | USD | 1 Quarter |
| Policy acquisition costs deferred |
DeferredPolicyAcquisitionCostsOperating
|
$5.08M | USD | 2 Qtrs |
| Policy acquisition costs deferred |
DeferredPolicyAcquisitionCostsOperating
|
$3.35M | USD | 1 Quarter |
| Policy acquisition costs deferred |
DeferredPolicyAcquisitionCostsOperating
|
$6.18M | USD | 2 Qtrs |
| Amortization of deferred policy acquisition costs |
DeferredPolicyAcquisitionCostAmortizationExpense
|
$2.52M | USD | 2 Qtrs |
| Amortization of deferred policy acquisition costs |
DeferredPolicyAcquisitionCostAmortizationExpense
|
$3.52M | USD | 2 Qtrs |
| Amortization of deferred policy acquisition costs |
DeferredPolicyAcquisitionCostAmortizationExpense
|
$1.73M | USD | 1 Quarter |
| Amortization of deferred policy acquisition costs |
DeferredPolicyAcquisitionCostAmortizationExpense
|
$1.31M | USD | 1 Quarter |
| Amortization of value of insurance business acquired |
AmortizationOfValueOfBusinessAcquiredVOBA
|
$143.32K | USD | 2 Qtrs |
| Amortization of value of insurance business acquired |
AmortizationOfValueOfBusinessAcquiredVOBA
|
$73.58K | USD | 1 Quarter |
| Amortization of value of insurance business acquired |
AmortizationOfValueOfBusinessAcquiredVOBA
|
$153.55K | USD | 2 Qtrs |
| Amortization of value of insurance business acquired |
AmortizationOfValueOfBusinessAcquiredVOBA
|
$68.15K | USD | 1 Quarter |
| Commissions |
InsuranceCommissions
|
$6.01M | USD | 2 Qtrs |
| Commissions |
InsuranceCommissions
|
$2.50M | USD | 1 Quarter |
| Commissions |
InsuranceCommissions
|
$4.81M | USD | 2 Qtrs |
| Commissions |
InsuranceCommissions
|
$3.14M | USD | 1 Quarter |
| Other underwriting, insurance and acquisition expenses |
OtherExpenses
|
$2.18M | USD | 1 Quarter |
| Other underwriting, insurance and acquisition expenses |
OtherExpenses
|
$2.74M | USD | 1 Quarter |
| Other underwriting, insurance and acquisition expenses |
OtherExpenses
|
$4.86M | USD | 2 Qtrs |
| Other underwriting, insurance and acquisition expenses |
OtherExpenses
|
$5.38M | USD | 2 Qtrs |
| Total expenses |
OperatingExpenses
|
$7.78M | USD | 2 Qtrs |
| Total expenses |
OperatingExpenses
|
$3.76M | USD | 1 Quarter |
| Total expenses |
OperatingExpenses
|
$3.92M | USD | 1 Quarter |
| Total expenses |
OperatingExpenses
|
$8.35M | USD | 2 Qtrs |
| Total benefits, claims and expenses |
BenefitsLossesAndExpenses
|
$23.89M | USD | 2 Qtrs |
| Total benefits, claims and expenses |
BenefitsLossesAndExpenses
|
$12.61M | USD | 1 Quarter |
| Total benefits, claims and expenses |
BenefitsLossesAndExpenses
|
$12.23M | USD | 1 Quarter |
| Total benefits, claims and expenses |
BenefitsLossesAndExpenses
|
$26.42M | USD | 2 Qtrs |
| Income before total federal income tax expense |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
|
$1.63M | USD | 2 Qtrs |
| Income before total federal income tax expense |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
|
$1.07M | USD | 2 Qtrs |
| Income before total federal income tax expense |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
|
$611.38K | USD | 1 Quarter |
| Income before total federal income tax expense |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
|
$1.59M | USD | 1 Quarter |
| Current federal income tax expense (benefit) |
CurrentIncomeTaxExpenseBenefit
|
$-46.58K | USD | 1 Quarter |
| Current federal income tax expense (benefit) |
CurrentIncomeTaxExpenseBenefit
|
- | USD | 2 Qtrs |
| Current federal income tax expense (benefit) |
CurrentIncomeTaxExpenseBenefit
|
$1.51K | USD | 2 Qtrs |
| Current federal income tax expense (benefit) |
CurrentIncomeTaxExpenseBenefit
|
$1.51K | USD | 1 Quarter |
| Deferred federal income tax expense |
DeferredIncomeTaxExpenseBenefit
|
$305.80K | USD | 2 Qtrs |
| Deferred federal income tax expense |
DeferredIncomeTaxExpenseBenefit
|
$364.59K | USD | 1 Quarter |
| Deferred federal income tax expense |
DeferredIncomeTaxExpenseBenefit
|
$364.92K | USD | 2 Qtrs |
| Deferred federal income tax expense |
DeferredIncomeTaxExpenseBenefit
|
$184.36K | USD | 1 Quarter |
| Total federal income tax expense |
IncomeTaxExpenseBenefit
|
$366.10K | USD | 1 Quarter |
| Total federal income tax expense |
IncomeTaxExpenseBenefit
|
$307.31K | USD | 2 Qtrs |
| Total federal income tax expense |
IncomeTaxExpenseBenefit
|
$137.79K | USD | 1 Quarter |
| Total federal income tax expense |
IncomeTaxExpenseBenefit
|
$364.92K | USD | 2 Qtrs |
| Net income |
NetIncomeLoss
|
$1.26M | USD | 2 Qtrs |
| Net income |
NetIncomeLoss
|
$760.39K | USD | 2 Qtrs |
| Net income |
NetIncomeLoss
|
$473.60K | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$1.22M | USD | 1 Quarter |
Cash Flow Statement
106 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Change in payable of securities purchased |
IncreaseDecreaseInPayableOfSecuritiesPurchased
|
$333.16K | USD | 2 Qtrs |
| Change in payable of securities purchased |
IncreaseDecreaseInPayableOfSecuritiesPurchased
|
$1.17M | USD | 2 Qtrs |
| Net income |
NetIncomeLoss
|
$760.39K | USD | 2 Qtrs |
| Net income |
NetIncomeLoss
|
$473.60K | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$1.26M | USD | 2 Qtrs |
| Net income |
NetIncomeLoss
|
$1.22M | USD | 1 Quarter |
| Provision for depreciation |
Depreciation
|
$72.74K | USD | 2 Qtrs |
| Provision for depreciation |
Depreciation
|
- | USD | 2 Qtrs |
| Accretion of discount on investments |
AccretionAmortizationOfDiscountsAndPremiumsInvestments
|
$2.54M | USD | 2 Qtrs |
| Accretion of discount on investments |
AccretionAmortizationOfDiscountsAndPremiumsInvestments
|
$2.45M | USD | 2 Qtrs |
| Net realized investment gains |
RealizedInvestmentGainsLosses
|
$170.36K | USD | 2 Qtrs |
| Net realized investment gains |
RealizedInvestmentGainsLosses
|
$118.27K | USD | 1 Quarter |
| Net realized investment gains |
RealizedInvestmentGainsLosses
|
$410.38K | USD | 1 Quarter |
| Net realized investment gains |
RealizedInvestmentGainsLosses
|
$433.88K | USD | 2 Qtrs |
| Amortization of policy acquisition cost |
DeferredPolicyAcquisitionCostAmortizationExpense
|
$2.52M | USD | 2 Qtrs |
| Amortization of policy acquisition cost |
DeferredPolicyAcquisitionCostAmortizationExpense
|
$3.52M | USD | 2 Qtrs |
| Amortization of policy acquisition cost |
DeferredPolicyAcquisitionCostAmortizationExpense
|
$1.73M | USD | 1 Quarter |
| Amortization of policy acquisition cost |
DeferredPolicyAcquisitionCostAmortizationExpense
|
$1.31M | USD | 1 Quarter |
| Policy acquisition costs deferred |
DeferredPolicyAcquisitionCostsOperating
|
$2.69M | USD | 1 Quarter |
| Policy acquisition costs deferred |
DeferredPolicyAcquisitionCostsOperating
|
$5.08M | USD | 2 Qtrs |
| Policy acquisition costs deferred |
DeferredPolicyAcquisitionCostsOperating
|
$3.35M | USD | 1 Quarter |
| Policy acquisition costs deferred |
DeferredPolicyAcquisitionCostsOperating
|
$6.18M | USD | 2 Qtrs |
| Amortization of loan origination fees |
AmortizationOfFinancingCosts
|
$26.51K | USD | 2 Qtrs |
| Amortization of loan origination fees |
AmortizationOfFinancingCosts
|
$43.59K | USD | 2 Qtrs |
| Amortization of value of insurance business acquired |
AmortizationOfValueOfBusinessAcquiredVOBA
|
$143.32K | USD | 2 Qtrs |
| Amortization of value of insurance business acquired |
AmortizationOfValueOfBusinessAcquiredVOBA
|
$73.58K | USD | 1 Quarter |
| Amortization of value of insurance business acquired |
AmortizationOfValueOfBusinessAcquiredVOBA
|
$153.55K | USD | 2 Qtrs |
| Amortization of value of insurance business acquired |
AmortizationOfValueOfBusinessAcquiredVOBA
|
$68.15K | USD | 1 Quarter |
| Allowance for mortgage loan losses |
ProvisionForLoanAndLeaseLosses
|
$4.07K | USD | 2 Qtrs |
| Allowance for mortgage loan losses |
ProvisionForLoanAndLeaseLosses
|
$-97.97K | USD | 2 Qtrs |
| Provision for deferred federal income tax expense |
DeferredIncomeTaxExpenseBenefit
|
$305.80K | USD | 2 Qtrs |
| Provision for deferred federal income tax expense |
DeferredIncomeTaxExpenseBenefit
|
$364.59K | USD | 1 Quarter |
| Provision for deferred federal income tax expense |
DeferredIncomeTaxExpenseBenefit
|
$364.92K | USD | 2 Qtrs |
| Provision for deferred federal income tax expense |
DeferredIncomeTaxExpenseBenefit
|
$184.36K | USD | 1 Quarter |
| Interest credited to policyholders |
InterestCreditedToPolicyholdersAccountBalances
|
$6.12M | USD | 2 Qtrs |
| Interest credited to policyholders |
InterestCreditedToPolicyholdersAccountBalances
|
$6.21M | USD | 2 Qtrs |
| Interest credited to policyholders |
InterestCreditedToPolicyholdersAccountBalances
|
$3.06M | USD | 1 Quarter |
| Interest credited to policyholders |
InterestCreditedToPolicyholdersAccountBalances
|
$3.09M | USD | 1 Quarter |
| Policy loans |
IncreaseDecreaseInOtherLoans
|
$26.24K | USD | 2 Qtrs |
| Policy loans |
IncreaseDecreaseInOtherLoans
|
$17.61K | USD | 2 Qtrs |
| Short-term investments |
IncreaseDecreaseInShortTermInvestments
|
$-457.95K | USD | 2 Qtrs |
| Short-term investments |
IncreaseDecreaseInShortTermInvestments
|
$1.12M | USD | 2 Qtrs |
| Accrued investment income |
IncreaseDecreaseInAccruedInvestmentIncomeReceivable
|
$267.14K | USD | 2 Qtrs |
| Accrued investment income |
IncreaseDecreaseInAccruedInvestmentIncomeReceivable
|
$-265.18K | USD | 2 Qtrs |
| Recoverable from reinsurers |
IncreaseDecreaseInReinsuranceRecoverable
|
$-145.30K | USD | 2 Qtrs |
| Recoverable from reinsurers |
IncreaseDecreaseInReinsuranceRecoverable
|
$-22.88K | USD | 2 Qtrs |
| Assets held in trust under coinsurance agreement |
IncreaseDecreaseInAssetsHeldInTrustUnderCoinsuranceAgreement
|
$2.46M | USD | 2 Qtrs |
| Assets held in trust under coinsurance agreement |
IncreaseDecreaseInAssetsHeldInTrustUnderCoinsuranceAgreement
|
$-2.04M | USD | 2 Qtrs |
| Agents' balances and due premiums |
IncreaseDecreaseInAccountsReceivable
|
$412.17K | USD | 2 Qtrs |
| Agents' balances and due premiums |
IncreaseDecreaseInAccountsReceivable
|
$-204.19K | USD | 2 Qtrs |
| Other assets |
IncreaseDecreaseInOtherOperatingAssets
|
$-328.85K | USD | 2 Qtrs |
| Other assets |
IncreaseDecreaseInOtherOperatingAssets
|
$8.70M | USD | 2 Qtrs |
| Future policy benefits |
IncreaseDecreaseInFuturePolicyBenefitReservesAndOtherInsuranceLiabilities
|
$5.13M | USD | 2 Qtrs |
| Future policy benefits |
IncreaseDecreaseInFuturePolicyBenefitReservesAndOtherInsuranceLiabilities
|
$5.08M | USD | 2 Qtrs |
| Policy claims |
IncreaseDecreaseInLifeInsuranceLiabilities
|
$-132.27K | USD | 2 Qtrs |
| Policy claims |
IncreaseDecreaseInLifeInsuranceLiabilities
|
$-339.36K | USD | 2 Qtrs |
| Other policy liabilities |
IncreaseDecreaseInOtherPolicyLiabilities
|
$-31.45K | USD | 2 Qtrs |
| Other policy liabilities |
IncreaseDecreaseInOtherPolicyLiabilities
|
$-5.20K | USD | 2 Qtrs |
| Other liabilities (excludes change in payable for securities purchased of $1,171,985 and $333,156 in 2021 and 2020, respectively) |
IncreaseDecreaseInOtherOperatingLiabilities
|
$-1.05M | USD | 2 Qtrs |
| Other liabilities (excludes change in payable for securities purchased of $1,171,985 and $333,156 in 2021 and 2020, respectively) |
IncreaseDecreaseInOtherOperatingLiabilities
|
$-3.43M | USD | 2 Qtrs |
| Net cash provided by (used in) operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$-6.58M | USD | 2 Qtrs |
| Net cash provided by (used in) operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$6.83M | USD | 2 Qtrs |
| Maturities of fixed maturity securities |
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
|
$700.00K | USD | 2 Qtrs |
| Maturities of fixed maturity securities |
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
|
$548.50K | USD | 2 Qtrs |
| Sales of fixed maturity securities |
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
|
$11.17M | USD | 2 Qtrs |
| Sales of fixed maturity securities |
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
|
$3.27M | USD | 2 Qtrs |
| Purchases of equity securities |
PaymentsToAcquireAvailableForSaleSecuritiesEquity
|
$145.17K | USD | 2 Qtrs |
| Purchases of equity securities |
PaymentsToAcquireAvailableForSaleSecuritiesEquity
|
$47.96K | USD | 2 Qtrs |
| Sales of equity securities |
ProceedsFromSaleOfAvailableForSaleSecuritiesEquity
|
- | USD | 2 Qtrs |
| Sales of equity securities |
ProceedsFromSaleOfAvailableForSaleSecuritiesEquity
|
$89.00 | USD | 2 Qtrs |
| Acquisition of K-TENN Insurance Company |
CashAcquiredFromAcquisition
|
- | USD | 2 Qtrs |
| Acquisition of K-TENN Insurance Company |
CashAcquiredFromAcquisition
|
$1.11M | USD | 2 Qtrs |
| Joint venture distributions |
ProceedsFromDivestitureOfInterestInJointVenture
|
$49.93K | USD | 2 Qtrs |
| Joint venture distributions |
ProceedsFromDivestitureOfInterestInJointVenture
|
$50.05K | USD | 2 Qtrs |
| Purchases of mortgage loans |
PaymentsToAcquireMortageLoans
|
$48.12M | USD | 2 Qtrs |
| Purchases of mortgage loans |
PaymentsToAcquireMortageLoans
|
$37.89M | USD | 2 Qtrs |
| Payments on mortgage loans |
ProceedsFromSaleAndCollectionOfMortgageNotesReceivable
|
$53.16M | USD | 2 Qtrs |
| Payments on mortgage loans |
ProceedsFromSaleAndCollectionOfMortgageNotesReceivable
|
$32.89M | USD | 2 Qtrs |
| Purchases of other long-term investments |
PaymentsToAcquireOtherInvestments
|
$882.03K | USD | 2 Qtrs |
| Purchases of other long-term investments |
PaymentsToAcquireOtherInvestments
|
$3.94M | USD | 2 Qtrs |
| Payments on other long-term investments |
ProceedsFromSaleAndMaturityOfOtherInvestments
|
$6.22M | USD | 2 Qtrs |
| Payments on other long-term investments |
ProceedsFromSaleAndMaturityOfOtherInvestments
|
$5.54M | USD | 2 Qtrs |
| Sale of real estate |
ProceedsFromSaleOfRealEstateHeldforinvestment
|
$682.95K | USD | 2 Qtrs |
| Sale of real estate |
ProceedsFromSaleOfRealEstateHeldforinvestment
|
$75.94K | USD | 2 Qtrs |
| Net change in receivable and payable for securities sold and purchased |
PaymentsForProceedsFromLoansReceivable
|
$-1.17M | USD | 2 Qtrs |
| Net change in receivable and payable for securities sold and purchased |
PaymentsForProceedsFromLoansReceivable
|
$-333.16K | USD | 2 Qtrs |
| Net cash provided by investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$9.44M | USD | 2 Qtrs |
| Net cash provided by investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$5.60M | USD | 2 Qtrs |
| Policyholders' account deposits |
AdditionsToContractHoldersFunds
|
$19.38M | USD | 2 Qtrs |
| Policyholders' account deposits |
AdditionsToContractHoldersFunds
|
$6.01M | USD | 2 Qtrs |
| Policyholders' account withdrawals |
WithdrawalFromContractHoldersFunds
|
$14.64M | USD | 2 Qtrs |
| Policyholders' account withdrawals |
WithdrawalFromContractHoldersFunds
|
$16.84M | USD | 2 Qtrs |
| Shareholders' cash dividend |
PaymentsOfDividends
|
- | USD | 2 Qtrs |
| Shareholders' cash dividend |
PaymentsOfDividends
|
$384.73K | USD | 2 Qtrs |
| Net cash provided by (used in) financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$2.54M | USD | 2 Qtrs |
| Net cash provided by (used in) financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$-9.02M | USD | 2 Qtrs |
| Increase (decrease) in cash and cash equivalents |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
$-6.16M | USD | 2 Qtrs |
| Increase (decrease) in cash and cash equivalents |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
$14.97M | USD | 2 Qtrs |
| Cash and cash equivalents, beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
$17.05M | USD | Point-in-time |
| Cash and cash equivalents, beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
$55.20M | USD | Point-in-time |
| Cash and cash equivalents, beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
$23.21M | USD | Point-in-time |
| Cash and cash equivalents, beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
$40.23M | USD | Point-in-time |
| Cash and cash equivalents, end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
$55.20M | 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
|
$17.05M | USD | Point-in-time |
| Cash and cash equivalents, end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
$40.23M | USD | Point-in-time |
Stockholders Equity
25 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Balance |
StockholdersEquity
|
$61.92M | USD | Point-in-time |
| Balance |
StockholdersEquity
|
$64.06M | USD | Point-in-time |
| Balance |
StockholdersEquity
|
$69.85M | USD | Point-in-time |
| Balance |
StockholdersEquity
|
$57.42M | USD | Point-in-time |
| Balance |
StockholdersEquity
|
$49.52M | USD | Point-in-time |
| Balance |
StockholdersEquity
|
$68.99M | USD | Point-in-time |
| Net income |
NetIncomeLoss
|
$760.39K | USD | 2 Qtrs |
| Net income |
NetIncomeLoss
|
$473.60K | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$1.26M | USD | 2 Qtrs |
| Net income |
NetIncomeLoss
|
$1.22M | USD | 1 Quarter |
| Other comprehensive income (loss) |
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
$3.71M | USD | 1 Quarter |
| Other comprehensive income (loss) |
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
$-1.62M | USD | 2 Qtrs |
| Other comprehensive income (loss) |
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
$12.32M | USD | 1 Quarter |
| Other comprehensive income (loss) |
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
$1.88M | USD | 2 Qtrs |
| Shareholders' cash dividend |
DividendsCash
|
$393.18K | USD | Annual |
| Shareholders' cash dividend |
DividendsCash
|
$384.73K | USD | 1 Quarter |
| Shareholders' cash dividend |
DividendsCash
|
$384.73K | USD | 2 Qtrs |
| Acquisition of K-TENN Insurance Company |
StockIssuedDuringPeriodValueAcquisitions
|
$1.75M | USD | 2 Qtrs |
| Recapitalization |
StockholdersEquityRecapitalization
|
- | USD | 2 Qtrs |
| Balance |
StockholdersEquity
|
$49.52M | USD | Point-in-time |
| Balance |
StockholdersEquity
|
$61.92M | USD | Point-in-time |
| Balance |
StockholdersEquity
|
$64.06M | USD | Point-in-time |
| Balance |
StockholdersEquity
|
$69.85M | USD | Point-in-time |
| Balance |
StockholdersEquity
|
$57.42M | USD | Point-in-time |
| Balance |
StockholdersEquity
|
$68.99M | USD | Point-in-time |
Comprehensive Income
36 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income |
NetIncomeLoss
|
$760.39K | USD | 2 Qtrs |
| Net income |
NetIncomeLoss
|
$473.60K | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$1.26M | USD | 2 Qtrs |
| Net income |
NetIncomeLoss
|
$1.22M | USD | 1 Quarter |
| Total net unrealized investment gains (losses) arising during the period |
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
|
$2.71M | USD | 2 Qtrs |
| Total net unrealized investment gains (losses) arising during the period |
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
|
$15.88M | USD | 1 Quarter |
| Total net unrealized investment gains (losses) arising during the period |
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
|
$4.75M | USD | 1 Quarter |
| Total net unrealized investment gains (losses) arising during the period |
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
|
$-1.97M | USD | 2 Qtrs |
| Less net realized investment gains having no credit losses |
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax
|
$66.01K | USD | 1 Quarter |
| Less net realized investment gains having no credit losses |
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax
|
$256.22K | USD | 1 Quarter |
| Less net realized investment gains having no credit losses |
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax
|
$103.67K | USD | 2 Qtrs |
| Less net realized investment gains having no credit losses |
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax
|
$318.14K | USD | 2 Qtrs |
| Net unrealized investment gains (losses) |
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeTax
|
$-2.07M | USD | 2 Qtrs |
| Net unrealized investment gains (losses) |
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeTax
|
$4.69M | USD | 1 Quarter |
| Net unrealized investment gains (losses) |
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeTax
|
$2.39M | USD | 2 Qtrs |
| Net unrealized investment gains (losses) |
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeTax
|
$15.62M | USD | 1 Quarter |
| Less adjustment to deferred acquisition costs |
OtherComprehensiveIncomeLossAdjustmentToDeferredAcquisitionCosts
|
$-23.06K | USD | 2 Qtrs |
| Less adjustment to deferred acquisition costs |
OtherComprehensiveIncomeLossAdjustmentToDeferredAcquisitionCosts
|
$31.67K | USD | 1 Quarter |
| Less adjustment to deferred acquisition costs |
OtherComprehensiveIncomeLossAdjustmentToDeferredAcquisitionCosts
|
$-7.33K | USD | 1 Quarter |
| Less adjustment to deferred acquisition costs |
OtherComprehensiveIncomeLossAdjustmentToDeferredAcquisitionCosts
|
$9.82K | USD | 2 Qtrs |
| Other comprehensive income (loss) before federal income tax expense (benefit) |
OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent
|
$4.70M | USD | 1 Quarter |
| Other comprehensive income (loss) before federal income tax expense (benefit) |
OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent
|
$15.59M | USD | 1 Quarter |
| Other comprehensive income (loss) before federal income tax expense (benefit) |
OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent
|
$2.38M | USD | 2 Qtrs |
| Other comprehensive income (loss) before federal income tax expense (benefit) |
OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent
|
$-2.05M | USD | 2 Qtrs |
| Federal income tax expense (benefit) |
OtherComprehensiveIncomeLossTaxPortionAttributableToParent1
|
$3.27M | USD | 1 Quarter |
| Federal income tax expense (benefit) |
OtherComprehensiveIncomeLossTaxPortionAttributableToParent1
|
$986.12K | USD | 1 Quarter |
| Federal income tax expense (benefit) |
OtherComprehensiveIncomeLossTaxPortionAttributableToParent1
|
$-430.40K | USD | 2 Qtrs |
| Federal income tax expense (benefit) |
OtherComprehensiveIncomeLossTaxPortionAttributableToParent1
|
$500.09K | USD | 2 Qtrs |
| Total other comprehensive income (loss) |
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
$12.32M | USD | 1 Quarter |
| Total other comprehensive income (loss) |
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
$1.88M | USD | 2 Qtrs |
| Total other comprehensive income (loss) |
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
$-1.62M | USD | 2 Qtrs |
| Total other comprehensive income (loss) |
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
$3.71M | USD | 1 Quarter |
| Total comprehensive income (loss) |
ComprehensiveIncomeNetOfTax
|
$-858.75K | USD | 2 Qtrs |
| Total comprehensive income (loss) |
ComprehensiveIncomeNetOfTax
|
$3.14M | USD | 2 Qtrs |
| Total comprehensive income (loss) |
ComprehensiveIncomeNetOfTax
|
$4.93M | USD | 1 Quarter |
| Total comprehensive income (loss) |
ComprehensiveIncomeNetOfTax
|
$12.79M | USD | 1 Quarter |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.