10-K Filing

First Trinity Financial CORP CIK: 1395585 FY 2021

Filing Information

Form Type	10-K
Accession Number	`0001437749-22-005845`
Period End Date	20211231
Filing Date	20220310
Fiscal Year	2021
Fiscal Period	FY
XBRL Instance	ftfc20211231_10k_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 64 Income Statement 50 Cash Flow Statement 92 Stockholders Equity 14 Comprehensive Income 18

Balance Sheet 64 line items

Line Item	Tag	Value	Unit	Period
Mortgage loans on real estate	`MortgageLoansOnRealEstateCommercialAndConsumerNet`	$177.51M	USD	Point-in-time
Mortgage loans on real estate	`MortgageLoansOnRealEstateCommercialAndConsumerNet`	$174.91M	USD	Point-in-time
Investment real estate	`RealEstateInvestments`	$757.94K	USD	Point-in-time
Investment real estate	`RealEstateInvestments`	$688.35K	USD	Point-in-time
Policy loans	`PolicyLoansReceivable`	$2.11M	USD	Point-in-time
Policy loans	`PolicyLoansReceivable`	$2.27M	USD	Point-in-time
Short-term investments	`ShortTermInvestmentsExcludingFixedMaturitySecuritiesAvailableForSalePreferredStockAndEquitySecuritiesFVNI`	$3.31M	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`	$3.30M	USD	Point-in-time
Other long-term investments	`OtherLongTermInvestments`	$65.93M	USD	Point-in-time
Other long-term investments	`OtherLongTermInvestments`	$71.03M	USD	Point-in-time
Total investments	`Investments`	$434.12M	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`	$42.53M	USD	Point-in-time
Accrued investment income	`AccruedInvestmentIncomeReceivable`	$5.37M	USD	Point-in-time
Accrued investment income	`AccruedInvestmentIncomeReceivable`	$4.88M	USD	Point-in-time
Recoverable from reinsurers	`ReinsuranceRecoverables`	$1.05M	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`	$106.21M	USD	Point-in-time
Agents' balances and due premiums	`PremiumsReceivableAtCarryingValue`	$1.71M	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`	$49.72M	USD	Point-in-time
Deferred policy acquisition costs	`DeferredPolicyAcquisitionCosts`	$44.51M	USD	Point-in-time
Value of insurance business acquired	`ValueOfBusinessAcquiredVOBA`	$4.59M	USD	Point-in-time
Value of insurance business acquired	`ValueOfBusinessAcquiredVOBA`	$4.32M	USD	Point-in-time
Other assets	`OtherAssets`	$15.23M	USD	Point-in-time
Other assets	`OtherAssets`	$10.38M	USD	Point-in-time
Total assets	`Assets`	$643.60M	USD	Point-in-time
Total assets	`Assets`	$659.76M	USD	Point-in-time
Policyholders' account balances	`PolicyholderFunds`	$373.65M	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`	$88.74M	USD	Point-in-time
Policy claims	`LiabilityForClaimsAndClaimsAdjustmentExpense`	$2.10M	USD	Point-in-time
Policy claims	`LiabilityForClaimsAndClaimsAdjustmentExpense`	$2.38M	USD	Point-in-time
Other policy liabilities	`OtherPolicyLiabilities`	$88.85K	USD	Point-in-time
Other policy liabilities	`OtherPolicyLiabilities`	$119.70K	USD	Point-in-time
Total policy liabilities	`PolicyLiabilities`	$464.85M	USD	Point-in-time
Total policy liabilities	`PolicyLiabilities`	$441.41M	USD	Point-in-time
Funds withheld under coinsurance agreement	`FundsWithheldUnderCoinsuranceAgreements`	$106.59M	USD	Point-in-time
Funds withheld under coinsurance agreement	`FundsWithheldUnderCoinsuranceAgreements`	$112.68M	USD	Point-in-time
Deferred federal income taxes	`DeferredIncomeTaxLiabilitiesNet`	$9.22M	USD	Point-in-time
Deferred federal income taxes	`DeferredIncomeTaxLiabilitiesNet`	$8.97M	USD	Point-in-time
Other liabilities	`OtherLiabilities`	$10.96M	USD	Point-in-time
Other liabilities	`OtherLiabilities`	$10.43M	USD	Point-in-time
Total liabilities	`Liabilities`	$573.74M	USD	Point-in-time
Total liabilities	`Liabilities`	$591.36M	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 December 31, 2021 and 2020)	`TreasuryStockValue`	$893.95K	USD	Point-in-time
Treasury stock, at cost (247,580 shares as of December 31, 2021 and 2020)	`TreasuryStockValue`	$893.95K	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$17.52M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$13.20M	USD	Point-in-time
Accumulated earnings	`RetainedEarningsAccumulatedDeficit`	$14.06M	USD	Point-in-time
Accumulated earnings	`RetainedEarningsAccumulatedDeficit`	$16.92M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$69.85M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$68.39M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$57.42M	USD	Point-in-time
Total liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$643.60M	USD	Point-in-time
Total liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$659.76M	USD	Point-in-time

Income Statement 50 line items

Line Item	Tag	Value	Unit	Period
Premiums	`PremiumsEarnedNet`	$28.05M	USD	Annual
Premiums	`PremiumsEarnedNet`	$31.92M	USD	Annual
Net investment income	`NetInvestmentIncome`	$24.08M	USD	Annual
Net investment income	`NetInvestmentIncome`	$23.98M	USD	Annual
Net realized investment gains	`RealizedInvestmentGainsLosses`	$1.01M	USD	Annual
Net realized investment gains	`RealizedInvestmentGainsLosses`	$898.55K	USD	Annual
Loss on other-than-temporary impairments	`OtherThanTemporaryImpairmentLossDebtSecuritiesAvailableForSaleRecognizedInEarnings`	$801.34K	USD	Annual
Loss on other-than-temporary impairments	`OtherThanTemporaryImpairmentLossDebtSecuritiesAvailableForSaleRecognizedInEarnings`	-	USD	Annual
Service fees	`InsuranceCommissionsAndFees`	$264.51K	USD	Annual
Service fees	`InsuranceCommissionsAndFees`	$228.60K	USD	Annual
Other income	`OtherIncome`	$82.62K	USD	Annual
Other income	`OtherIncome`	$188.76K	USD	Annual
Total revenues	`Revenues`	$52.79M	USD	Annual
Total revenues	`Revenues`	$57.12M	USD	Annual
Increase in future policy benefits	`LiabilityForFuturePolicyBenefitsPeriodExpense`	$12.12M	USD	Annual
Increase in future policy benefits	`LiabilityForFuturePolicyBenefitsPeriodExpense`	$11.55M	USD	Annual
Death benefits	`PolicyholderBenefitsAndClaimsIncurredLifeAndAnnuity`	$11.05M	USD	Annual
Death benefits	`PolicyholderBenefitsAndClaimsIncurredLifeAndAnnuity`	$9.47M	USD	Annual
Surrenders	`PolicyholderBenefitsAndClaimsIncurredOther`	$1.16M	USD	Annual
Surrenders	`PolicyholderBenefitsAndClaimsIncurredOther`	$1.20M	USD	Annual
Interest credited to policyholders	`InterestCreditedToPolicyholdersAccountBalances`	$12.28M	USD	Annual
Interest credited to policyholders	`InterestCreditedToPolicyholdersAccountBalances`	$12.66M	USD	Annual
Dividend, endowment and supplementary life contract benefits	`PolicyholderDividends`	$311.87K	USD	Annual
Dividend, endowment and supplementary life contract benefits	`PolicyholderDividends`	$316.40K	USD	Annual
Total benefits and claims	`BenefitsAndClaims`	$34.77M	USD	Annual
Total benefits and claims	`BenefitsAndClaims`	$37.35M	USD	Annual
Policy acquisition costs deferred	`DeferredPolicyAcquisitionCostsOperating`	$11.86M	USD	Annual
Policy acquisition costs deferred	`DeferredPolicyAcquisitionCostsOperating`	$12.10M	USD	Annual
Amortization of deferred policy acquisition costs	`DeferredPolicyAcquisitionCostAmortizationExpense`	$6.93M	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`	$274.48K	USD	Annual
Commissions	`InsuranceCommissions`	$12.07M	USD	Annual
Commissions	`InsuranceCommissions`	$11.07M	USD	Annual
Other underwriting, insurance and acquisition expenses	`OtherExpenses`	$8.91M	USD	Annual
Other underwriting, insurance and acquisition expenses	`OtherExpenses`	$9.10M	USD	Annual
Total expenses	`OperatingExpenses`	$13.94M	USD	Annual
Total expenses	`OperatingExpenses`	$16.09M	USD	Annual
Total benefits, claims and expenses	`BenefitsLossesAndExpenses`	$53.44M	USD	Annual
Total benefits, claims and expenses	`BenefitsLossesAndExpenses`	$48.71M	USD	Annual
Income before total federal income tax expense (benefit)	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic`	$3.67M	USD	Annual
Income before total federal income tax expense (benefit)	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic`	$4.08M	USD	Annual
Current federal income tax expense (benefit)	`CurrentIncomeTaxExpenseBenefit`	$-76.51K	USD	Annual
Current federal income tax expense (benefit)	`CurrentIncomeTaxExpenseBenefit`	$127.70K	USD	Annual
Deferred federal income tax expense	`DeferredIncomeTaxExpenseBenefit`	$892.43K	USD	Annual
Deferred federal income tax expense	`DeferredIncomeTaxExpenseBenefit`	$774.40K	USD	Annual
Total federal income tax expense	`IncomeTaxExpenseBenefit`	$902.10K	USD	Annual
Total federal income tax expense	`IncomeTaxExpenseBenefit`	$815.92K	USD	Annual
Net income	`NetIncomeLoss`	$3.18M	USD	Annual
Net income	`NetIncomeLoss`	$2.86M	USD	Annual

Cash Flow Statement 92 line items

Line Item	Tag	Value	Unit	Period
Change in payable of securities purchased	`IncreaseDecreaseInPayableOfSecuritiesPurchased`	$1.09M	USD	Annual
Change in payable of securities purchased	`IncreaseDecreaseInPayableOfSecuritiesPurchased`	$337.48K	USD	Annual
Net income	`NetIncomeLoss`	$3.18M	USD	Annual
Net income	`NetIncomeLoss`	$2.86M	USD	Annual
Provision for depreciation	`Depreciation`	-	USD	Annual
Provision for depreciation	`Depreciation`	$121.24K	USD	Annual
Accretion of discount on investments	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$4.99M	USD	Annual
Accretion of discount on investments	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$4.76M	USD	Annual
Net realized investment gains	`RealizedInvestmentGainsLosses`	$898.55K	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`	$6.93M	USD	Annual
Amortization of policy acquisition cost	`DeferredPolicyAcquisitionCostAmortizationExpense`	$5.33M	USD	Annual
Policy acquisition costs deferred	`DeferredPolicyAcquisitionCostsOperating`	$11.86M	USD	Annual
Policy acquisition costs deferred	`DeferredPolicyAcquisitionCostsOperating`	$12.10M	USD	Annual
Amortization of loan origination fees	`AmortizationOfFinancingCosts`	$43.59K	USD	Annual
Amortization of loan origination fees	`AmortizationOfFinancingCosts`	$33.26K	USD	Annual
Amortization of value of insurance business acquired	`AmortizationOfValueOfBusinessAcquiredVOBA`	$298.47K	USD	Annual
Amortization of value of insurance business acquired	`AmortizationOfValueOfBusinessAcquiredVOBA`	$274.48K	USD	Annual
Allowance for mortgage loan losses	`ProvisionForLoanAndLeaseLosses`	$36.52K	USD	Annual
Allowance for mortgage loan losses	`ProvisionForLoanAndLeaseLosses`	$164.62K	USD	Annual
Provision for deferred federal income tax expense	`DeferredIncomeTaxExpenseBenefit`	$892.43K	USD	Annual
Provision for deferred federal income tax expense	`DeferredIncomeTaxExpenseBenefit`	$774.40K	USD	Annual
Interest credited to policyholders	`InterestCreditedToPolicyholdersAccountBalances`	$12.28M	USD	Annual
Interest credited to policyholders	`InterestCreditedToPolicyholdersAccountBalances`	$12.66M	USD	Annual
Policy loans	`IncreaseDecreaseInOtherLoans`	$81.33K	USD	Annual
Policy loans	`IncreaseDecreaseInOtherLoans`	$163.95K	USD	Annual
Short-term investments	`IncreaseDecreaseInShortTermInvestments`	$-12.18K	USD	Annual
Short-term investments	`IncreaseDecreaseInShortTermInvestments`	$1.48M	USD	Annual
Accrued investment income	`IncreaseDecreaseInAccruedInvestmentIncomeReceivable`	$162.19K	USD	Annual
Accrued investment income	`IncreaseDecreaseInAccruedInvestmentIncomeReceivable`	$-491.22K	USD	Annual
Recoverable from reinsurers	`IncreaseDecreaseInReinsuranceRecoverable`	$-187.84K	USD	Annual
Recoverable from reinsurers	`IncreaseDecreaseInReinsuranceRecoverable`	$-10.51K	USD	Annual
Assets held in trust under coinsurance agreement	`IncreaseDecreaseInAssetsHeldInTrustUnderCoinsuranceAgreement`	$-5.00M	USD	Annual
Assets held in trust under coinsurance agreement	`IncreaseDecreaseInAssetsHeldInTrustUnderCoinsuranceAgreement`	$-2.32M	USD	Annual
Agents' balances and due premiums	`IncreaseDecreaseInAccountsReceivable`	$-441.27K	USD	Annual
Agents' balances and due premiums	`IncreaseDecreaseInAccountsReceivable`	$532.22K	USD	Annual
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$4.85M	USD	Annual
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$3.95M	USD	Annual
Future policy benefits	`IncreaseDecreaseInFuturePolicyBenefitReservesAndOtherInsuranceLiabilities`	$11.51M	USD	Annual
Future policy benefits	`IncreaseDecreaseInFuturePolicyBenefitReservesAndOtherInsuranceLiabilities`	$12.06M	USD	Annual
Policy claims	`IncreaseDecreaseInLifeInsuranceLiabilities`	$700.15K	USD	Annual
Policy claims	`IncreaseDecreaseInLifeInsuranceLiabilities`	$281.63K	USD	Annual
Other policy liabilities	`IncreaseDecreaseInOtherPolicyLiabilities`	$-22.49K	USD	Annual
Other policy liabilities	`IncreaseDecreaseInOtherPolicyLiabilities`	$-30.85K	USD	Annual
Other liabilities (excludes change in payable of securities purchased of $1,087,127 and $377,481 in 2021 and 2020, respectively)	`IncreaseDecreaseInOtherOperatingLiabilities`	$-556.73K	USD	Annual
Other liabilities (excludes change in payable of securities purchased of $1,087,127 and $377,481 in 2021 and 2020, respectively)	`IncreaseDecreaseInOtherOperatingLiabilities`	$4.14M	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$17.44M	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$18.94M	USD	Annual
Maturities of fixed maturity securities	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$1.15M	USD	Annual
Maturities of fixed maturity securities	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$945.50K	USD	Annual
Sales of fixed maturity securities	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	$21.44M	USD	Annual
Sales of fixed maturity securities	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	$13.22M	USD	Annual
Purchases of equity securities	`PaymentsToAcquireEquitySecuritiesFvNi`	$90.29K	USD	Annual
Purchases of equity securities	`PaymentsToAcquireEquitySecuritiesFvNi`	$181.24K	USD	Annual
Sales of equity securities	`ProceedsFromSaleOfEquitySecuritiesFvNi`	-	USD	Annual
Sales of equity securities	`ProceedsFromSaleOfEquitySecuritiesFvNi`	$89.00	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`	$78.90K	USD	Annual
Joint venture distribution	`ProceedsFromDivestitureOfInterestInJointVenture`	$87.27K	USD	Annual
Purchases of mortgage loans	`PaymentsToAcquireMortageLoans`	$107.24M	USD	Annual
Purchases of mortgage loans	`PaymentsToAcquireMortageLoans`	$77.13M	USD	Annual
Payments on mortgage loans	`ProceedsFromSaleAndCollectionOfMortgageNotesReceivable`	$104.44M	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`	$2.99M	USD	Annual
Collections on other long-term investments	`ProceedsFromSaleAndMaturityOfOtherInvestments`	$12.81M	USD	Annual
Collections on other long-term investments	`ProceedsFromSaleAndMaturityOfOtherInvestments`	$11.76M	USD	Annual
Sales of real estate	`ProceedsFromSaleOfRealEstateHeldforinvestment`	$818.02K	USD	Annual
Sales of real estate	`ProceedsFromSaleOfRealEstateHeldforinvestment`	$2.22M	USD	Annual
Net change in receivable and payable for securities sold and purchased	`PaymentsForProceedsFromLoansReceivable`	$-377.48K	USD	Annual
Net change in receivable and payable for securities sold and purchased	`PaymentsForProceedsFromLoansReceivable`	$-1.09M	USD	Annual
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-9.97M	USD	Annual
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$15.16M	USD	Annual
Policyholders' account deposits	`AdditionsToContractHoldersFunds`	$28.71M	USD	Annual
Policyholders' account deposits	`AdditionsToContractHoldersFunds`	$24.28M	USD	Annual
Policyholders' account withdrawals	`WithdrawalFromContractHoldersFunds`	$35.38M	USD	Annual
Policyholders' account withdrawals	`WithdrawalFromContractHoldersFunds`	$39.48M	USD	Annual
Shareholders' cash dividends	`PaymentsOfDividends`	$393.18K	USD	Annual
Shareholders' cash dividends	`PaymentsOfDividends`	-	USD	Annual
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-15.59M	USD	Annual
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-6.68M	USD	Annual
Increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$17.02M	USD	Annual
Increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$2.30M	USD	Annual
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$42.53M	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`	$42.53M	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`	$40.23M	USD	Point-in-time

Stockholders Equity 14 line items

Line Item	Tag	Value	Unit	Period
Balance	`StockholdersEquity`	$69.85M	USD	Point-in-time
Balance	`StockholdersEquity`	$68.39M	USD	Point-in-time
Balance	`StockholdersEquity`	$57.42M	USD	Point-in-time
Net income	`NetIncomeLoss`	$3.18M	USD	Annual
Net income	`NetIncomeLoss`	$2.86M	USD	Annual
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$7.90M	USD	Annual
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-4.32M	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`	$69.85M	USD	Point-in-time
Balance	`StockholdersEquity`	$68.39M	USD	Point-in-time
Balance	`StockholdersEquity`	$57.42M	USD	Point-in-time

Comprehensive Income 18 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$3.18M	USD	Annual
Net income	`NetIncomeLoss`	$2.86M	USD	Annual
Total net unrealized investment gains (losses) arising during the period	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax`	$9.78M	USD	Annual
Total net unrealized investment gains (losses) arising during the period	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax`	$-4.88M	USD	Annual
Less net realized investment gains (losses)	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax`	$-248.17K	USD	Annual
Less net realized investment gains (losses)	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax`	$613.77K	USD	Annual
Net unrealized investment gains (losses)	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeTax`	$-5.50M	USD	Annual
Net unrealized investment gains (losses)	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeTax`	$10.02M	USD	Annual
Adjustment to deferred acquisition costs	`OtherComprehensiveIncomeLossAdjustmentToDeferredAcquisitionCosts`	$-34.09K	USD	Annual
Adjustment to deferred acquisition costs	`OtherComprehensiveIncomeLossAdjustmentToDeferredAcquisitionCosts`	$21.21K	USD	Annual
Other comprehensive income (loss) before federal income tax expense (benefit)	`OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent`	$-5.46M	USD	Annual
Other comprehensive income (loss) before federal income tax expense (benefit)	`OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent`	$10.00M	USD	Annual
Federal income tax expense (benefit)	`OtherComprehensiveIncomeLossTaxPortionAttributableToParent1`	$-1.15M	USD	Annual
Federal income tax expense (benefit)	`OtherComprehensiveIncomeLossTaxPortionAttributableToParent1`	$2.10M	USD	Annual
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$7.90M	USD	Annual
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-4.32M	USD	Annual
Total comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$11.08M	USD	Annual
Total comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$-1.46M	USD	Annual

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