10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0001437749-22-020124 |
| Period End Date | 20220630 |
| Filing Date | 20220811 |
| Fiscal Year | 2022 |
| Fiscal Period | Q2 |
| XBRL Instance | ftfc20220630_10q_htm.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
68 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
|
$195.61M | USD | Point-in-time |
| Investment real estate |
RealEstateInvestments
|
$635.28K | USD | Point-in-time |
| Investment real estate |
RealEstateInvestments
|
$688.35K | USD | Point-in-time |
| Policy loans |
PolicyLoansReceivable
|
$2.50M | USD | Point-in-time |
| Policy loans |
PolicyLoansReceivable
|
$2.27M | USD | Point-in-time |
| Short-term investments |
ShortTermInvestmentsExcludingFixedMaturitySecuritiesAvailableForSalePreferredStockAndEquitySecuritiesFVNI
|
$3.30M | USD | Point-in-time |
| Treasury stock, shares (in shares) |
TreasuryStockShares
|
247,580.00 | shares | Point-in-time |
| Short-term investments |
ShortTermInvestmentsExcludingFixedMaturitySecuritiesAvailableForSalePreferredStockAndEquitySecuritiesFVNI
|
$3.37M | USD | Point-in-time |
| Treasury stock, shares (in shares) |
TreasuryStockShares
|
247,580.00 | shares | Point-in-time |
| Other long-term investments |
OtherLongTermInvestments
|
$64.03M | USD | Point-in-time |
| Other long-term investments |
OtherLongTermInvestments
|
$65.93M | USD | Point-in-time |
| Total investments |
Investments
|
$415.03M | USD | Point-in-time |
| Total investments |
Investments
|
$434.12M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$18.26M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$42.53M | USD | Point-in-time |
| Accrued investment income |
AccruedInvestmentIncomeReceivable
|
$4.88M | USD | Point-in-time |
| Accrued investment income |
AccruedInvestmentIncomeReceivable
|
$5.01M | USD | Point-in-time |
| Recoverable from reinsurers |
ReinsuranceRecoverables
|
$1.05M | USD | Point-in-time |
| Recoverable from reinsurers |
ReinsuranceRecoverables
|
$11.37M | USD | Point-in-time |
| Mortgage loans on real estate |
MortgageLoansOnRealEstateCommercialAndConsumerNet
|
$177.51M | USD | Point-in-time |
| Mortgage loans on real estate |
MortgageLoansOnRealEstateCommercialAndConsumerNet
|
$195.61M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$18.26M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$42.53M | USD | Point-in-time |
| Agents' balances and due premiums |
PremiumsReceivableAtCarryingValue
|
$1.46M | USD | Point-in-time |
| Agents' balances and due premiums |
PremiumsReceivableAtCarryingValue
|
$1.71M | USD | Point-in-time |
| Deferred policy acquisition costs |
DeferredPolicyAcquisitionCosts
|
$49.72M | USD | Point-in-time |
| Deferred policy acquisition costs |
DeferredPolicyAcquisitionCosts
|
$52.54M | USD | Point-in-time |
| Value of insurance business acquired |
ValueOfBusinessAcquiredVOBA
|
$4.32M | USD | Point-in-time |
| Value of insurance business acquired |
ValueOfBusinessAcquiredVOBA
|
$4.18M | USD | Point-in-time |
| Other assets |
OtherAssets
|
$15.23M | USD | Point-in-time |
| Other assets |
OtherAssets
|
$30.25M | USD | Point-in-time |
| Total assets |
Assets
|
$633.85M | USD | Point-in-time |
| Total assets |
Assets
|
$659.76M | USD | Point-in-time |
| Policyholders' account balances |
PolicyholderFunds
|
$371.33M | USD | Point-in-time |
| Policyholders' account balances |
PolicyholderFunds
|
$373.65M | USD | Point-in-time |
| Future policy benefits |
LiabilityForFuturePolicyBenefits
|
$88.74M | USD | Point-in-time |
| Future policy benefits |
LiabilityForFuturePolicyBenefits
|
$102.95M | USD | Point-in-time |
| Policy claims |
LiabilityForClaimsAndClaimsAdjustmentExpense
|
$2.44M | 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
|
$185.99K | USD | Point-in-time |
| Total policy liabilities |
PolicyLiabilities
|
$476.90M | USD | Point-in-time |
| Total policy liabilities |
PolicyLiabilities
|
$464.85M | USD | Point-in-time |
| Funds withheld under coinsurance agreement |
FundsWithheldUnderCoinsuranceAgreements
|
$106.59M | USD | Point-in-time |
| Funds withheld under coinsurance agreement |
FundsWithheldUnderCoinsuranceAgreements
|
$96.41M | USD | Point-in-time |
| Deferred federal income taxes |
DeferredIncomeTaxLiabilitiesNet
|
$3.41M | USD | Point-in-time |
| Deferred federal income taxes |
DeferredIncomeTaxLiabilitiesNet
|
$8.97M | USD | Point-in-time |
| Other liabilities |
OtherLiabilities
|
$4.67M | USD | Point-in-time |
| Other liabilities |
OtherLiabilities
|
$10.96M | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$581.39M | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$591.36M | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapital
|
$43.67M | 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, 2022 and December 31, 2021) |
TreasuryStockValue
|
$893.95K | USD | Point-in-time |
| Treasury stock, at cost (247,580 shares as of June 30, 2022 and December 31, 2021) |
TreasuryStockValue
|
$893.95K | USD | Point-in-time |
| Accumulated other comprehensive income (loss) |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$13.20M | USD | Point-in-time |
| Accumulated other comprehensive income (loss) |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-9.70M | USD | Point-in-time |
| Accumulated earnings |
RetainedEarningsAccumulatedDeficit
|
$19.29M | 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
|
$68.99M | USD | Point-in-time |
| Total shareholders' equity |
StockholdersEquity
|
$60.81M | USD | Point-in-time |
| Total shareholders' equity |
StockholdersEquity
|
$52.46M | USD | Point-in-time |
| Total shareholders' equity |
StockholdersEquity
|
$68.39M | USD | Point-in-time |
| Total shareholders' equity |
StockholdersEquity
|
$64.06M | USD | Point-in-time |
| Total liabilities and shareholders' equity |
LiabilitiesAndStockholdersEquity
|
$659.76M | USD | Point-in-time |
| Total liabilities and shareholders' equity |
LiabilitiesAndStockholdersEquity
|
$633.85M | USD | Point-in-time |
Income Statement
96 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Premiums |
PremiumsEarnedNet
|
$8.91M | USD | 1 Quarter |
| Premiums |
PremiumsEarnedNet
|
$14.86M | USD | 2 Qtrs |
| Premiums |
PremiumsEarnedNet
|
$7.88M | USD | 1 Quarter |
| Premiums |
PremiumsEarnedNet
|
$17.14M | USD | 2 Qtrs |
| Net investment income |
NetInvestmentIncome
|
$6.44M | USD | 1 Quarter |
| Net investment income |
NetInvestmentIncome
|
$12.22M | USD | 2 Qtrs |
| Net investment income |
NetInvestmentIncome
|
$6.07M | USD | 1 Quarter |
| Net investment income |
NetInvestmentIncome
|
$12.89M | USD | 2 Qtrs |
| Net realized investment gains (losses) |
RealizedInvestmentGainsLosses
|
$118.27K | USD | 1 Quarter |
| Net realized investment gains (losses) |
RealizedInvestmentGainsLosses
|
$-148.71K | USD | 1 Quarter |
| Net realized investment gains (losses) |
RealizedInvestmentGainsLosses
|
$1.09M | USD | 2 Qtrs |
| Net realized investment gains (losses) |
RealizedInvestmentGainsLosses
|
$170.36K | USD | 2 Qtrs |
| Service fees |
InsuranceCommissionsAndFees
|
$387.39K | USD | 2 Qtrs |
| Service fees |
InsuranceCommissionsAndFees
|
$329.86K | USD | 1 Quarter |
| Service fees |
InsuranceCommissionsAndFees
|
$179.59K | USD | 2 Qtrs |
| Service fees |
InsuranceCommissionsAndFees
|
$81.60K | USD | 1 Quarter |
| Other income |
OtherIncome
|
$5.78K | USD | 1 Quarter |
| Other income |
OtherIncome
|
$64.27K | USD | 2 Qtrs |
| Other income |
OtherIncome
|
$45.57K | USD | 1 Quarter |
| Other income |
OtherIncome
|
$59.34K | USD | 2 Qtrs |
| Total revenues |
Revenues
|
$15.54M | USD | 1 Quarter |
| Total revenues |
Revenues
|
$31.57M | USD | 2 Qtrs |
| Total revenues |
Revenues
|
$14.20M | USD | 1 Quarter |
| Total revenues |
Revenues
|
$27.49M | USD | 2 Qtrs |
| Increase in future policy benefits |
LiabilityForFuturePolicyBenefitsPeriodExpense
|
$5.20M | USD | 2 Qtrs |
| Increase in future policy benefits |
LiabilityForFuturePolicyBenefitsPeriodExpense
|
$6.18M | USD | 2 Qtrs |
| Increase in future policy benefits |
LiabilityForFuturePolicyBenefitsPeriodExpense
|
$2.96M | USD | 1 Quarter |
| Increase in future policy benefits |
LiabilityForFuturePolicyBenefitsPeriodExpense
|
$3.05M | USD | 1 Quarter |
| Death benefits |
PolicyholderBenefitsAndClaimsIncurredLifeAndAnnuity
|
$2.89M | USD | 1 Quarter |
| Death benefits |
PolicyholderBenefitsAndClaimsIncurredLifeAndAnnuity
|
$2.27M | USD | 1 Quarter |
| Death benefits |
PolicyholderBenefitsAndClaimsIncurredLifeAndAnnuity
|
$5.79M | USD | 2 Qtrs |
| Death benefits |
PolicyholderBenefitsAndClaimsIncurredLifeAndAnnuity
|
$6.89M | USD | 2 Qtrs |
| Surrenders |
PolicyholderBenefitsAndClaimsIncurredOther
|
$721.57K | USD | 2 Qtrs |
| Surrenders |
PolicyholderBenefitsAndClaimsIncurredOther
|
$438.43K | USD | 1 Quarter |
| Surrenders |
PolicyholderBenefitsAndClaimsIncurredOther
|
$753.82K | USD | 2 Qtrs |
| Surrenders |
PolicyholderBenefitsAndClaimsIncurredOther
|
$372.66K | USD | 1 Quarter |
| Interest credited to policyholders |
InterestCreditedToPolicyholdersAccountBalances
|
$3.23M | USD | 1 Quarter |
| Interest credited to policyholders |
InterestCreditedToPolicyholdersAccountBalances
|
$6.41M | USD | 2 Qtrs |
| Interest credited to policyholders |
InterestCreditedToPolicyholdersAccountBalances
|
$6.21M | USD | 2 Qtrs |
| 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
|
$143.07K | USD | 2 Qtrs |
| Dividend, endowment and supplementary life contract benefits |
PolicyholderDividends
|
$156.85K | USD | 2 Qtrs |
| Dividend, endowment and supplementary life contract benefits |
PolicyholderDividends
|
$80.05K | USD | 1 Quarter |
| Total benefits and claims |
BenefitsAndClaims
|
$9.60M | USD | 1 Quarter |
| Total benefits and claims |
BenefitsAndClaims
|
$18.07M | USD | 2 Qtrs |
| Total benefits and claims |
BenefitsAndClaims
|
$20.39M | USD | 2 Qtrs |
| Total benefits and claims |
BenefitsAndClaims
|
$8.85M | USD | 1 Quarter |
| Policy acquisition costs deferred |
DeferredPolicyAcquisitionCostsOperating
|
$3.35M | USD | 1 Quarter |
| Policy acquisition costs deferred |
DeferredPolicyAcquisitionCostsOperating
|
$3.41M | USD | 1 Quarter |
| Policy acquisition costs deferred |
DeferredPolicyAcquisitionCostsOperating
|
$6.26M | USD | 2 Qtrs |
| Policy acquisition costs deferred |
DeferredPolicyAcquisitionCostsOperating
|
$6.18M | USD | 2 Qtrs |
| Amortization of deferred policy acquisition costs |
DeferredPolicyAcquisitionCostAmortizationExpense
|
$2.09M | USD | 1 Quarter |
| Amortization of deferred policy acquisition costs |
DeferredPolicyAcquisitionCostAmortizationExpense
|
$3.45M | 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 value of insurance business acquired |
AmortizationOfValueOfBusinessAcquiredVOBA
|
$68.15K | USD | 1 Quarter |
| Amortization of value of insurance business acquired |
AmortizationOfValueOfBusinessAcquiredVOBA
|
$138.96K | USD | 2 Qtrs |
| Amortization of value of insurance business acquired |
AmortizationOfValueOfBusinessAcquiredVOBA
|
$143.32K | USD | 2 Qtrs |
| Amortization of value of insurance business acquired |
AmortizationOfValueOfBusinessAcquiredVOBA
|
$66.75K | USD | 1 Quarter |
| Commissions |
InsuranceCommissions
|
$6.01M | USD | 2 Qtrs |
| Commissions |
InsuranceCommissions
|
$3.14M | USD | 1 Quarter |
| Commissions |
InsuranceCommissions
|
$5.74M | USD | 2 Qtrs |
| Commissions |
InsuranceCommissions
|
$3.07M | USD | 1 Quarter |
| Other underwriting, insurance and acquisition expenses |
OtherExpenses
|
$5.22M | USD | 2 Qtrs |
| Other underwriting, insurance and acquisition expenses |
OtherExpenses
|
$2.35M | USD | 1 Quarter |
| Other underwriting, insurance and acquisition expenses |
OtherExpenses
|
$4.86M | USD | 2 Qtrs |
| Other underwriting, insurance and acquisition expenses |
OtherExpenses
|
$2.18M | USD | 1 Quarter |
| Total expenses |
OperatingExpenses
|
$4.17M | USD | 1 Quarter |
| Total expenses |
OperatingExpenses
|
$8.28M | USD | 2 Qtrs |
| Total expenses |
OperatingExpenses
|
$8.35M | USD | 2 Qtrs |
| Total expenses |
OperatingExpenses
|
$3.76M | USD | 1 Quarter |
| Total benefits, claims and expenses |
BenefitsLossesAndExpenses
|
$28.67M | USD | 2 Qtrs |
| Total benefits, claims and expenses |
BenefitsLossesAndExpenses
|
$26.42M | USD | 2 Qtrs |
| Total benefits, claims and expenses |
BenefitsLossesAndExpenses
|
$12.61M | USD | 1 Quarter |
| Total benefits, claims and expenses |
BenefitsLossesAndExpenses
|
$13.77M | USD | 1 Quarter |
| Income before total federal income tax expense |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
|
$1.77M | USD | 1 Quarter |
| Income before total federal income tax expense |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
|
$1.59M | USD | 1 Quarter |
| Income before total federal income tax expense |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
|
$2.90M | USD | 2 Qtrs |
| Income before total federal income tax expense |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
|
$1.07M | USD | 2 Qtrs |
| Current federal income tax expense (benefit) |
CurrentIncomeTaxExpenseBenefit
|
$2.22K | USD | 2 Qtrs |
| Current federal income tax expense (benefit) |
CurrentIncomeTaxExpenseBenefit
|
$1.51K | USD | 2 Qtrs |
| Current federal income tax expense (benefit) |
CurrentIncomeTaxExpenseBenefit
|
$-6.05K | USD | 1 Quarter |
| Current federal income tax expense (benefit) |
CurrentIncomeTaxExpenseBenefit
|
$1.51K | USD | 1 Quarter |
| Deferred federal income tax expense |
DeferredIncomeTaxExpenseBenefit
|
$364.59K | USD | 1 Quarter |
| Deferred federal income tax expense |
DeferredIncomeTaxExpenseBenefit
|
$530.61K | USD | 2 Qtrs |
| Deferred federal income tax expense |
DeferredIncomeTaxExpenseBenefit
|
$321.86K | USD | 1 Quarter |
| Deferred federal income tax expense |
DeferredIncomeTaxExpenseBenefit
|
$305.80K | USD | 2 Qtrs |
| Total federal income tax expense |
IncomeTaxExpenseBenefit
|
$315.80K | USD | 1 Quarter |
| Total federal income tax expense |
IncomeTaxExpenseBenefit
|
$307.31K | USD | 2 Qtrs |
| Total federal income tax expense |
IncomeTaxExpenseBenefit
|
$532.83K | USD | 2 Qtrs |
| Total federal income tax expense |
IncomeTaxExpenseBenefit
|
$366.10K | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$1.22M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$760.39K | USD | 2 Qtrs |
| Net income |
NetIncomeLoss
|
$2.37M | USD | 2 Qtrs |
| Net income |
NetIncomeLoss
|
$1.46M | USD | 1 Quarter |
Cash Flow Statement
101 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Change in receivable of securities sold |
IncreaseDecreaseInReceivablesOfSecuritiesSold
|
$-12.36M | USD | 2 Qtrs |
| Change in payable of securities purchased |
IncreaseDecreaseInPayableOfSecuritiesPurchased
|
$-1.32M | 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
|
$2.37M | USD | 2 Qtrs |
| Net income |
NetIncomeLoss
|
$1.22M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$1.46M | USD | 1 Quarter |
| Accretion of discount on investments |
AccretionAmortizationOfDiscountsAndPremiumsInvestments
|
$2.45M | USD | 2 Qtrs |
| Accretion of discount on investments |
AccretionAmortizationOfDiscountsAndPremiumsInvestments
|
$2.40M | USD | 2 Qtrs |
| Net realized investment gains |
RealizedInvestmentGainsLosses
|
$-148.71K | USD | 1 Quarter |
| Net realized investment gains |
RealizedInvestmentGainsLosses
|
$118.27K | USD | 1 Quarter |
| Net realized investment gains |
RealizedInvestmentGainsLosses
|
$1.09M | USD | 2 Qtrs |
| Net realized investment gains |
RealizedInvestmentGainsLosses
|
$170.36K | USD | 2 Qtrs |
| Amortization of policy acquisition cost |
DeferredPolicyAcquisitionCostAmortizationExpense
|
$2.09M | USD | 1 Quarter |
| Amortization of policy acquisition cost |
DeferredPolicyAcquisitionCostAmortizationExpense
|
$3.45M | 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 |
| Policy acquisition costs deferred |
DeferredPolicyAcquisitionCostsOperating
|
$3.35M | USD | 1 Quarter |
| Policy acquisition costs deferred |
DeferredPolicyAcquisitionCostsOperating
|
$3.41M | USD | 1 Quarter |
| Policy acquisition costs deferred |
DeferredPolicyAcquisitionCostsOperating
|
$6.26M | USD | 2 Qtrs |
| Policy acquisition costs deferred |
DeferredPolicyAcquisitionCostsOperating
|
$6.18M | USD | 2 Qtrs |
| Amortization of loan origination fees |
AmortizationOfFinancingCosts
|
- | USD | 2 Qtrs |
| Amortization of loan origination fees |
AmortizationOfFinancingCosts
|
$43.59K | USD | 2 Qtrs |
| Amortization of value of insurance business acquired |
AmortizationOfValueOfBusinessAcquiredVOBA
|
$68.15K | USD | 1 Quarter |
| Amortization of value of insurance business acquired |
AmortizationOfValueOfBusinessAcquiredVOBA
|
$138.96K | USD | 2 Qtrs |
| Amortization of value of insurance business acquired |
AmortizationOfValueOfBusinessAcquiredVOBA
|
$66.75K | USD | 1 Quarter |
| Amortization of value of insurance business acquired |
AmortizationOfValueOfBusinessAcquiredVOBA
|
$143.32K | USD | 2 Qtrs |
| Allowance for mortgage loan losses |
ProvisionForLoanAndLeaseLosses
|
$-97.97K | USD | 2 Qtrs |
| Allowance for mortgage loan losses |
ProvisionForLoanAndLeaseLosses
|
$127.71K | USD | 2 Qtrs |
| Provision for deferred federal income tax expense |
DeferredIncomeTaxExpenseBenefit
|
$364.59K | USD | 1 Quarter |
| Provision for deferred federal income tax expense |
DeferredIncomeTaxExpenseBenefit
|
$530.61K | USD | 2 Qtrs |
| Provision for deferred federal income tax expense |
DeferredIncomeTaxExpenseBenefit
|
$321.86K | USD | 1 Quarter |
| Provision for deferred federal income tax expense |
DeferredIncomeTaxExpenseBenefit
|
$305.80K | USD | 2 Qtrs |
| Interest credited to policyholders |
InterestCreditedToPolicyholdersAccountBalances
|
$6.41M | USD | 2 Qtrs |
| Interest credited to policyholders |
InterestCreditedToPolicyholdersAccountBalances
|
$6.21M | USD | 2 Qtrs |
| Interest credited to policyholders |
InterestCreditedToPolicyholdersAccountBalances
|
$3.09M | USD | 1 Quarter |
| Interest credited to policyholders |
InterestCreditedToPolicyholdersAccountBalances
|
$3.23M | USD | 1 Quarter |
| Accrued investment income |
IncreaseDecreaseInAccruedInvestmentIncomeReceivable
|
$130.31K | USD | 2 Qtrs |
| Accrued investment income |
IncreaseDecreaseInAccruedInvestmentIncomeReceivable
|
$-265.18K | USD | 2 Qtrs |
| Recoverable from reinsurers |
IncreaseDecreaseInReinsuranceRecoverable
|
$-311.05K | USD | 2 Qtrs |
| Recoverable from reinsurers |
IncreaseDecreaseInReinsuranceRecoverable
|
$-145.30K | USD | 2 Qtrs |
| Assets held in trust under coinsurance agreement |
IncreaseDecreaseInAssetsHeldInTrustUnderCoinsuranceAgreement
|
$-3.46M | USD | 2 Qtrs |
| Assets held in trust under coinsurance agreement |
IncreaseDecreaseInAssetsHeldInTrustUnderCoinsuranceAgreement
|
$-2.04M | USD | 2 Qtrs |
| Agents' balances and due premiums |
IncreaseDecreaseInAccountsReceivable
|
$-279.95K | USD | 2 Qtrs |
| Agents' balances and due premiums |
IncreaseDecreaseInAccountsReceivable
|
$-204.19K | USD | 2 Qtrs |
| Other assets (excludes change in receivable of securities sold of ($12,358,726) in 2022) |
IncreaseDecreaseInOtherOperatingAssets
|
$2.66M | USD | 2 Qtrs |
| Other assets (excludes change in receivable of securities sold of ($12,358,726) in 2022) |
IncreaseDecreaseInOtherOperatingAssets
|
$-328.85K | USD | 2 Qtrs |
| Future policy benefits |
IncreaseDecreaseInFuturePolicyBenefitReservesAndOtherInsuranceLiabilities
|
$6.11M | USD | 2 Qtrs |
| Future policy benefits |
IncreaseDecreaseInFuturePolicyBenefitReservesAndOtherInsuranceLiabilities
|
$5.13M | USD | 2 Qtrs |
| Policy claims |
IncreaseDecreaseInLifeInsuranceLiabilities
|
$3.25K | USD | 2 Qtrs |
| Policy claims |
IncreaseDecreaseInLifeInsuranceLiabilities
|
$-339.36K | USD | 2 Qtrs |
| Other policy liabilities |
IncreaseDecreaseInOtherPolicyLiabilities
|
$-31.45K | USD | 2 Qtrs |
| Other policy liabilities |
IncreaseDecreaseInOtherPolicyLiabilities
|
$97.15K | USD | 2 Qtrs |
| Other liabilities (excludes change in payable for securities purchased of ($1,318,340) and $1,171,985 in 2022 and 2021, respectively) |
IncreaseDecreaseInOtherOperatingLiabilities
|
$-4.98M | USD | 2 Qtrs |
| Other liabilities (excludes change in payable for securities purchased of ($1,318,340) and $1,171,985 in 2022 and 2021, respectively) |
IncreaseDecreaseInOtherOperatingLiabilities
|
$-3.43M | USD | 2 Qtrs |
| Net cash provided by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$5.77M | USD | 2 Qtrs |
| Net cash provided by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$6.40M | USD | 2 Qtrs |
| Maturities of fixed maturity securities |
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
|
$700.00K | USD | 2 Qtrs |
| Maturities of fixed maturity securities |
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
|
$952.00K | USD | 2 Qtrs |
| Sales of fixed maturity securities |
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
|
$3.27M | USD | 2 Qtrs |
| Sales of fixed maturity securities |
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
|
$40.11M | USD | 2 Qtrs |
| Purchases of equity securities |
PaymentsToAcquireEquitySecuritiesFvNi
|
$112.52K | USD | 2 Qtrs |
| Purchases of equity securities |
PaymentsToAcquireEquitySecuritiesFvNi
|
$145.17K | USD | 2 Qtrs |
| Sales of equity securities |
ProceedsFromSaleOfEquitySecuritiesFvNi
|
$89.00 | USD | 2 Qtrs |
| Sales of equity securities |
ProceedsFromSaleOfEquitySecuritiesFvNi
|
- | USD | 2 Qtrs |
| Acquisition of Royalty Capital Life Insurance Company |
CashAcquiredFromAcquisition
|
$3.53M | USD | 2 Qtrs |
| Acquisition of Royalty Capital Life Insurance Company |
CashAcquiredFromAcquisition
|
- | USD | 2 Qtrs |
| Joint venture distributions |
ProceedsFromDivestitureOfInterestInJointVenture
|
$97.80K | 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
|
$71.37M | USD | 2 Qtrs |
| Payments on mortgage loans |
ProceedsFromSaleAndCollectionOfMortgageNotesReceivable
|
$53.21M | USD | 2 Qtrs |
| Payments on mortgage loans |
ProceedsFromSaleAndCollectionOfMortgageNotesReceivable
|
$53.16M | USD | 2 Qtrs |
| Purchases of other long-term investments |
PaymentsToAcquireOtherInvestments
|
$882.03K | USD | 2 Qtrs |
| Purchases of other long-term investments |
PaymentsToAcquireOtherInvestments
|
$4.31M | USD | 2 Qtrs |
| Payments on other long-term investments |
ProceedsFromSaleAndMaturityOfOtherInvestments
|
$8.73M | USD | 2 Qtrs |
| Payments on other long-term investments |
ProceedsFromSaleAndMaturityOfOtherInvestments
|
$6.22M | USD | 2 Qtrs |
| Sale of real estate |
ProceedsFromSaleOfRealEstateHeldforinvestment
|
$49.37K | USD | 2 Qtrs |
| Sale of real estate |
ProceedsFromSaleOfRealEstateHeldforinvestment
|
$75.94K | USD | 2 Qtrs |
| Net change in policy loans |
PaymentsForProceedsFromPolicyLoans
|
$229.81K | USD | 2 Qtrs |
| Net change in policy loans |
PaymentsForProceedsFromPolicyLoans
|
$26.24K | USD | 2 Qtrs |
| Net change in short-term investments |
PaymentsForProceedsFromShortTermInvestments
|
$-1.51M | USD | 2 Qtrs |
| Net change in short-term investments |
PaymentsForProceedsFromShortTermInvestments
|
$-457.95K | USD | 2 Qtrs |
| Net cash provided by (used in) investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$6.03M | USD | 2 Qtrs |
| Net cash provided by (used in) investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-15.11M | USD | 2 Qtrs |
| Policyholders' account deposits |
AdditionsToContractHoldersFunds
|
$18.55M | USD | 2 Qtrs |
| Policyholders' account deposits |
AdditionsToContractHoldersFunds
|
$19.38M | USD | 2 Qtrs |
| Policyholders' account withdrawals |
WithdrawalFromContractHoldersFunds
|
$16.84M | USD | 2 Qtrs |
| Policyholders' account withdrawals |
WithdrawalFromContractHoldersFunds
|
$33.48M | USD | 2 Qtrs |
| Net cash provided by (used in) financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$-14.93M | USD | 2 Qtrs |
| Net cash provided by (used in) financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$2.54M | USD | 2 Qtrs |
| Increase (decrease) in cash and cash equivalents |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
$-24.27M | USD | 2 Qtrs |
| Increase (decrease) in cash and cash equivalents |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
$14.97M | USD | 2 Qtrs |
| Cash and cash equivalents, beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
$55.20M | USD | Point-in-time |
| Cash and cash equivalents, beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
$40.23M | USD | Point-in-time |
| Cash and cash equivalents, beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
$18.26M | USD | Point-in-time |
| Cash and cash equivalents, beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
$42.53M | 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
|
$18.26M | 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
|
$42.53M | USD | Point-in-time |
Stockholders Equity
21 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Balance |
StockholdersEquity
|
$69.85M | USD | Point-in-time |
| Balance |
StockholdersEquity
|
$68.99M | USD | Point-in-time |
| Balance |
StockholdersEquity
|
$60.81M | USD | Point-in-time |
| Balance |
StockholdersEquity
|
$52.46M | USD | Point-in-time |
| Balance |
StockholdersEquity
|
$68.39M | USD | Point-in-time |
| Balance |
StockholdersEquity
|
$64.06M | USD | Point-in-time |
| Net income |
NetIncomeLoss
|
$760.39K | USD | 2 Qtrs |
| Net income |
NetIncomeLoss
|
$2.37M | USD | 2 Qtrs |
| Net income |
NetIncomeLoss
|
$1.22M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$1.46M | USD | 1 Quarter |
| Other comprehensive income (loss) |
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
$3.71M | USD | 1 Quarter |
| Other comprehensive income (loss) |
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
$-9.81M | USD | 1 Quarter |
| Other comprehensive income (loss) |
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
$-22.90M | USD | 2 Qtrs |
| Other comprehensive income (loss) |
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
$-1.62M | USD | 2 Qtrs |
| Acquisition of Royalty Captial Life Insurance Company |
StockIssuedDuringPeriodValueAcquisitions
|
$4.60M | USD | 2 Qtrs |
| Balance |
StockholdersEquity
|
$68.39M | USD | Point-in-time |
| Balance |
StockholdersEquity
|
$69.85M | USD | Point-in-time |
| Balance |
StockholdersEquity
|
$68.99M | USD | Point-in-time |
| Balance |
StockholdersEquity
|
$60.81M | USD | Point-in-time |
| Balance |
StockholdersEquity
|
$52.46M | USD | Point-in-time |
| Balance |
StockholdersEquity
|
$64.06M | 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
|
$2.37M | USD | 2 Qtrs |
| Net income |
NetIncomeLoss
|
$1.22M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$1.46M | 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
|
$-27.86M | USD | 2 Qtrs |
| Total net unrealized investment gains (losses) arising during the period |
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
|
$-12.51M | USD | 1 Quarter |
| Total net unrealized investment gains (losses) arising during the period |
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
|
$-1.97M | USD | 2 Qtrs |
| Less net realized investment gains (losses) having no credit losses |
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax
|
$103.67K | USD | 2 Qtrs |
| Less net realized investment gains (losses) having no credit losses |
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax
|
$66.01K | USD | 1 Quarter |
| Less net realized investment gains (losses) having no credit losses |
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax
|
$-86.01K | USD | 1 Quarter |
| Less net realized investment gains (losses) having no credit losses |
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax
|
$1.14M | USD | 2 Qtrs |
| Net unrealized investment gains (losses) |
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeTax
|
$-29.00M | USD | 2 Qtrs |
| Net unrealized investment gains (losses) |
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeTax
|
$4.69M | USD | 1 Quarter |
| Net unrealized investment gains (losses) |
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeTax
|
$-12.42M | USD | 1 Quarter |
| Net unrealized investment gains (losses) |
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeTax
|
$-2.07M | USD | 2 Qtrs |
| Less adjustment to deferred acquisition costs |
OtherComprehensiveIncomeLossAdjustmentToDeferredAcquisitionCosts
|
$-3.55K | USD | 1 Quarter |
| Less adjustment to deferred acquisition costs |
OtherComprehensiveIncomeLossAdjustmentToDeferredAcquisitionCosts
|
$-10.46K | USD | 2 Qtrs |
| Less adjustment to deferred acquisition costs |
OtherComprehensiveIncomeLossAdjustmentToDeferredAcquisitionCosts
|
$-7.33K | USD | 1 Quarter |
| Less adjustment to deferred acquisition costs |
OtherComprehensiveIncomeLossAdjustmentToDeferredAcquisitionCosts
|
$-23.06K | 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
|
$-28.99M | USD | 2 Qtrs |
| Other comprehensive income (loss) before federal income tax expense (benefit) |
OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent
|
$-2.05M | USD | 2 Qtrs |
| Other comprehensive income (loss) before federal income tax expense (benefit) |
OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent
|
$-12.42M | USD | 1 Quarter |
| Federal income tax expense (benefit) |
OtherComprehensiveIncomeLossTaxPortionAttributableToParent1
|
$-2.61M | USD | 1 Quarter |
| Federal income tax expense (benefit) |
OtherComprehensiveIncomeLossTaxPortionAttributableToParent1
|
$986.12K | USD | 1 Quarter |
| Federal income tax expense (benefit) |
OtherComprehensiveIncomeLossTaxPortionAttributableToParent1
|
$-6.09M | USD | 2 Qtrs |
| Federal income tax expense (benefit) |
OtherComprehensiveIncomeLossTaxPortionAttributableToParent1
|
$-430.40K | USD | 2 Qtrs |
| Total other comprehensive income (loss) |
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
$-22.90M | USD | 2 Qtrs |
| Total other comprehensive income (loss) |
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
$-1.62M | USD | 2 Qtrs |
| Total other comprehensive income (loss) |
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
$-9.81M | USD | 1 Quarter |
| Total other comprehensive income (loss) |
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
$3.71M | USD | 1 Quarter |
| Total comprehensive income (loss) |
ComprehensiveIncomeNetOfTax
|
$-20.53M | USD | 2 Qtrs |
| Total comprehensive income (loss) |
ComprehensiveIncomeNetOfTax
|
$-8.35M | USD | 1 Quarter |
| Total comprehensive income (loss) |
ComprehensiveIncomeNetOfTax
|
$4.93M | USD | 1 Quarter |
| Total comprehensive income (loss) |
ComprehensiveIncomeNetOfTax
|
$-858.75K | USD | 2 Qtrs |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.