10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0001437749-23-014367 |
| Period End Date | 20230331 |
| Filing Date | 20230515 |
| Fiscal Year | 2023 |
| Fiscal Period | Q1 |
| XBRL Instance | ftfc20230331_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
|
$233.50M | USD | Point-in-time |
| Mortgage loans on real estate |
MortgageLoansOnRealEstateCommercialAndConsumerNet
|
$242.31M | USD | Point-in-time |
| Investment real estate |
RealEstateInvestments
|
$540.44K | USD | Point-in-time |
| Investment real estate |
RealEstateInvestments
|
$540.44K | USD | Point-in-time |
| Policy loans |
PolicyLoansReceivable
|
$2.84M | USD | Point-in-time |
| Policy loans |
PolicyLoansReceivable
|
$3.00M | USD | Point-in-time |
| Short-term investments |
ShortTermInvestmentsExcludingFixedMaturitySecuritiesAvailableForSalePreferredStockAndEquitySecuritiesFVNI
|
$1.86M | USD | Point-in-time |
| Short-term investments |
ShortTermInvestmentsExcludingFixedMaturitySecuritiesAvailableForSalePreferredStockAndEquitySecuritiesFVNI
|
$2.08M | USD | Point-in-time |
| Treasury stock, shares (in shares) |
TreasuryStockCommonShares
|
247,580.00 | shares | Point-in-time |
| Treasury stock, shares (in shares) |
TreasuryStockCommonShares
|
247,580.00 | shares | Point-in-time |
| Other long-term investments |
OtherLongTermInvestments
|
$70.59M | USD | Point-in-time |
| Other long-term investments |
OtherLongTermInvestments
|
$67.50M | USD | Point-in-time |
| Total investments |
Investments
|
$442.07M | USD | Point-in-time |
| Total investments |
Investments
|
$438.68M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$55.33M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$33.54M | USD | Point-in-time |
| Accrued investment income |
AccruedInvestmentIncomeReceivable
|
$5.58M | USD | Point-in-time |
| Accrued investment income |
AccruedInvestmentIncomeReceivable
|
$5.88M | USD | Point-in-time |
| Recoverable from reinsurers |
ReinsuranceRecoverables
|
$10.90M | USD | Point-in-time |
| Recoverable from reinsurers |
ReinsuranceRecoverables
|
$11.10M | USD | Point-in-time |
| Mortgage loans on real estate |
MortgageLoansOnRealEstateCommercialAndConsumerNet
|
$233.50M | USD | Point-in-time |
| Mortgage loans on real estate |
MortgageLoansOnRealEstateCommercialAndConsumerNet
|
$242.31M | USD | Point-in-time |
| Short-term investments |
ShortTermInvestmentsExcludingFixedMaturitySecuritiesAvailableForSalePreferredStockAndEquitySecuritiesFVNI
|
$2.08M | USD | Point-in-time |
| Short-term investments |
ShortTermInvestmentsExcludingFixedMaturitySecuritiesAvailableForSalePreferredStockAndEquitySecuritiesFVNI
|
$1.86M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$33.54M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$55.33M | USD | Point-in-time |
| Agents' balances and due premiums |
PremiumsReceivableAtCarryingValue
|
$1.27M | USD | Point-in-time |
| Agents' balances and due premiums |
PremiumsReceivableAtCarryingValue
|
$1.25M | USD | Point-in-time |
| Deferred policy acquisition costs |
DeferredPolicyAcquisitionCosts
|
$56.18M | USD | Point-in-time |
| Deferred policy acquisition costs |
DeferredPolicyAcquisitionCosts
|
$57.90M | USD | Point-in-time |
| Value of insurance business acquired |
ValueOfBusinessAcquiredVOBA
|
$4.05M | USD | Point-in-time |
| Value of insurance business acquired |
ValueOfBusinessAcquiredVOBA
|
$3.98M | USD | Point-in-time |
| Other assets |
OtherAssets
|
$21.44M | USD | Point-in-time |
| Other assets |
OtherAssets
|
$20.05M | USD | Point-in-time |
| Total assets |
Assets
|
$687.54M | USD | Point-in-time |
| Total assets |
Assets
|
$665.86M | USD | Point-in-time |
| Policyholders' account balances |
PolicyholderFunds
|
$407.96M | USD | Point-in-time |
| Policyholders' account balances |
PolicyholderFunds
|
$391.36M | USD | Point-in-time |
| Future policy benefits |
LiabilityForFuturePolicyBenefits
|
$113.06M | USD | Point-in-time |
| Future policy benefits |
LiabilityForFuturePolicyBenefits
|
$110.01M | USD | Point-in-time |
| Policy claims |
LiabilityForClaimsAndClaimsAdjustmentExpense
|
$2.54M | USD | Point-in-time |
| Policy claims |
LiabilityForClaimsAndClaimsAdjustmentExpense
|
$2.31M | USD | Point-in-time |
| Other policy liabilities |
OtherPolicyLiabilities
|
$146.22K | USD | Point-in-time |
| Other policy liabilities |
OtherPolicyLiabilities
|
$241.22K | USD | Point-in-time |
| Total policy liabilities |
PolicyLiabilities
|
$504.06M | USD | Point-in-time |
| Total policy liabilities |
PolicyLiabilities
|
$523.57M | USD | Point-in-time |
| Funds withheld under coinsurance agreement |
FundsWithheldUnderCoinsuranceAgreements
|
$92.30M | USD | Point-in-time |
| Funds withheld under coinsurance agreement |
FundsWithheldUnderCoinsuranceAgreements
|
$90.75M | USD | Point-in-time |
| Deferred federal income taxes |
DeferredIncomeTaxLiabilitiesNet
|
$3.52M | USD | Point-in-time |
| Deferred federal income taxes |
DeferredIncomeTaxLiabilitiesNet
|
$2.68M | USD | Point-in-time |
| Other liabilities |
OtherLiabilities
|
$15.17M | USD | Point-in-time |
| Other liabilities |
OtherLiabilities
|
$14.19M | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$614.21M | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$632.03M | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapital
|
$43.67M | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapital
|
$43.67M | USD | Point-in-time |
| Treasury stock, at cost (247,580 shares as of March 31, 2023 and December 31, 2022) |
TreasuryStockCommonValue
|
$893.95K | USD | Point-in-time |
| Treasury stock, at cost (247,580 shares as of March 31, 2023 and December 31, 2022) |
TreasuryStockCommonValue
|
$893.95K | USD | Point-in-time |
| Accumulated other comprehensive loss |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-14.32M | USD | Point-in-time |
| Accumulated other comprehensive loss |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-11.25M | USD | Point-in-time |
| Accumulated earnings |
RetainedEarningsAccumulatedDeficit
|
$23.89M | USD | Point-in-time |
| Accumulated earnings |
RetainedEarningsAccumulatedDeficit
|
$23.10M | USD | Point-in-time |
| Total shareholders' equity |
StockholdersEquity
|
$51.65M | USD | Point-in-time |
| Total shareholders' equity |
StockholdersEquity
|
$68.39M | USD | Point-in-time |
| Total shareholders' equity |
StockholdersEquity
|
$55.51M | USD | Point-in-time |
| Total shareholders' equity |
StockholdersEquity
|
$60.81M | USD | Point-in-time |
| Total liabilities and shareholders' equity |
LiabilitiesAndStockholdersEquity
|
$687.54M | USD | Point-in-time |
| Total liabilities and shareholders' equity |
LiabilitiesAndStockholdersEquity
|
$665.86M | USD | Point-in-time |
Income Statement
48 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Premiums |
PremiumsEarnedNet
|
$8.23M | USD | 1 Quarter |
| Premiums |
PremiumsEarnedNet
|
$9.11M | USD | 1 Quarter |
| Net investment income |
NetInvestmentIncome
|
$6.45M | USD | 1 Quarter |
| Net investment income |
NetInvestmentIncome
|
$7.63M | USD | 1 Quarter |
| Net realized investment gains (losses) |
RealizedInvestmentGainsLosses
|
$-31.45K | USD | 1 Quarter |
| Net realized investment gains (losses) |
RealizedInvestmentGainsLosses
|
$1.24M | USD | 1 Quarter |
| Service fees |
InsuranceCommissionsAndFees
|
$57.54K | USD | 1 Quarter |
| Service fees |
InsuranceCommissionsAndFees
|
$982.85K | USD | 1 Quarter |
| Other income |
OtherIncome
|
$419.00 | USD | 1 Quarter |
| Other income |
OtherIncome
|
$58.50K | USD | 1 Quarter |
| Total revenues |
Revenues
|
$17.69M | USD | 1 Quarter |
| Total revenues |
Revenues
|
$16.03M | USD | 1 Quarter |
| Increase in future policy benefits |
LiabilityForFuturePolicyBenefitsPeriodExpense
|
$3.29M | USD | 1 Quarter |
| Increase in future policy benefits |
LiabilityForFuturePolicyBenefitsPeriodExpense
|
$3.21M | USD | 1 Quarter |
| Death benefits |
PolicyholderBenefitsAndClaimsIncurredLifeAndAnnuity
|
$3.95M | USD | 1 Quarter |
| Death benefits |
PolicyholderBenefitsAndClaimsIncurredLifeAndAnnuity
|
$4.01M | USD | 1 Quarter |
| Surrenders |
PolicyholderBenefitsAndClaimsIncurredOther
|
$432.87K | USD | 1 Quarter |
| Surrenders |
PolicyholderBenefitsAndClaimsIncurredOther
|
$315.39K | USD | 1 Quarter |
| Interest credited to policyholders |
InterestCreditedToPolicyholdersAccountBalances
|
$3.18M | USD | 1 Quarter |
| Interest credited to policyholders |
InterestCreditedToPolicyholdersAccountBalances
|
$3.62M | USD | 1 Quarter |
| Dividend, endowment and supplementary life contract benefits |
PolicyholderDividends
|
$81.27K | USD | 1 Quarter |
| Dividend, endowment and supplementary life contract benefits |
PolicyholderDividends
|
$76.80K | USD | 1 Quarter |
| Total benefits and claims |
BenefitsAndClaims
|
$11.37M | USD | 1 Quarter |
| Total benefits and claims |
BenefitsAndClaims
|
$10.79M | USD | 1 Quarter |
| Policy acquisition costs deferred |
DeferredPolicyAcquisitionCostsOperating
|
$3.74M | USD | 1 Quarter |
| Policy acquisition costs deferred |
DeferredPolicyAcquisitionCostsOperating
|
$2.85M | USD | 1 Quarter |
| Amortization of deferred policy acquisition costs |
DeferredPolicyAcquisitionCostAmortizationExpense
|
$2.02M | USD | 1 Quarter |
| Amortization of deferred policy acquisition costs |
DeferredPolicyAcquisitionCostAmortizationExpense
|
$1.37M | USD | 1 Quarter |
| Amortization of value of insurance business acquired |
AmortizationOfValueOfBusinessAcquiredVOBA
|
$72.21K | USD | 1 Quarter |
| Amortization of value of insurance business acquired |
AmortizationOfValueOfBusinessAcquiredVOBA
|
$68.24K | USD | 1 Quarter |
| Commissions |
InsuranceCommissions
|
$3.56M | USD | 1 Quarter |
| Commissions |
InsuranceCommissions
|
$2.66M | USD | 1 Quarter |
| Other underwriting, insurance and acquisition expenses |
OtherExpenses
|
$3.15M | USD | 1 Quarter |
| Other underwriting, insurance and acquisition expenses |
OtherExpenses
|
$2.86M | USD | 1 Quarter |
| Total expenses |
OperatingExpenses
|
$4.11M | USD | 1 Quarter |
| Total expenses |
OperatingExpenses
|
$5.07M | USD | 1 Quarter |
| Total benefits, claims and expenses |
BenefitsLossesAndExpenses
|
$16.44M | USD | 1 Quarter |
| Total benefits, claims and expenses |
BenefitsLossesAndExpenses
|
$14.90M | USD | 1 Quarter |
| Income before total federal income tax expense |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
|
$1.13M | USD | 1 Quarter |
| Income before total federal income tax expense |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
|
$1.25M | USD | 1 Quarter |
| Current federal income tax expense |
CurrentIncomeTaxExpenseBenefit
|
$8.27K | USD | 1 Quarter |
| Current federal income tax expense |
CurrentIncomeTaxExpenseBenefit
|
$145.87K | USD | 1 Quarter |
| Deferred federal income tax expense |
DeferredIncomeTaxExpenseBenefit
|
$208.75K | USD | 1 Quarter |
| Deferred federal income tax expense |
DeferredIncomeTaxExpenseBenefit
|
$86.96K | USD | 1 Quarter |
| Total federal income tax expense |
IncomeTaxExpenseBenefit
|
$232.83K | USD | 1 Quarter |
| Total federal income tax expense |
IncomeTaxExpenseBenefit
|
$217.02K | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$912.53K | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$1.02M | USD | 1 Quarter |
Cash Flow Statement
82 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Change in payable of securities purchased |
IncreaseDecreaseInPayableOfSecuritiesPurchased
|
$757.05K | USD | 1 Quarter |
| Change in payable of securities purchased |
IncreaseDecreaseInPayableOfSecuritiesPurchased
|
$1.15M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$912.53K | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$1.02M | USD | 1 Quarter |
| Accretion of discount on investments |
AccretionAmortizationOfDiscountsAndPremiumsInvestments
|
$1.21M | USD | 1 Quarter |
| Accretion of discount on investments |
AccretionAmortizationOfDiscountsAndPremiumsInvestments
|
$1.23M | USD | 1 Quarter |
| Net realized investment (gains) losses |
RealizedInvestmentGainsLosses
|
$-31.45K | USD | 1 Quarter |
| Net realized investment (gains) losses |
RealizedInvestmentGainsLosses
|
$1.24M | USD | 1 Quarter |
| Amortization of policy acquisition cost |
DeferredPolicyAcquisitionCostAmortizationExpense
|
$2.02M | USD | 1 Quarter |
| Amortization of policy acquisition cost |
DeferredPolicyAcquisitionCostAmortizationExpense
|
$1.37M | USD | 1 Quarter |
| Policy acquisition costs deferred |
DeferredPolicyAcquisitionCostsOperating
|
$2.85M | USD | 1 Quarter |
| Policy acquisition costs deferred |
DeferredPolicyAcquisitionCostsOperating
|
$3.74M | USD | 1 Quarter |
| Amortization of value of insurance business acquired |
AmortizationOfValueOfBusinessAcquiredVOBA
|
$72.21K | USD | 1 Quarter |
| Amortization of value of insurance business acquired |
AmortizationOfValueOfBusinessAcquiredVOBA
|
$68.24K | USD | 1 Quarter |
| Allowance for mortgage loan losses |
ProvisionForLoanAndLeaseLosses
|
$83.70K | USD | 1 Quarter |
| Allowance for mortgage loan losses |
ProvisionForLoanAndLeaseLosses
|
$-34.28K | USD | 1 Quarter |
| Provision for deferred federal income tax expense |
DeferredIncomeTaxExpenseBenefit
|
$208.75K | USD | 1 Quarter |
| Provision for deferred federal income tax expense |
DeferredIncomeTaxExpenseBenefit
|
$86.96K | USD | 1 Quarter |
| Interest credited to policyholders |
InterestCreditedToPolicyholdersAccountBalances
|
$3.18M | USD | 1 Quarter |
| Interest credited to policyholders |
InterestCreditedToPolicyholdersAccountBalances
|
$3.62M | USD | 1 Quarter |
| Accrued investment income |
IncreaseDecreaseInAccruedInvestmentIncomeReceivable
|
$297.76K | USD | 1 Quarter |
| Accrued investment income |
IncreaseDecreaseInAccruedInvestmentIncomeReceivable
|
$-81.13K | USD | 1 Quarter |
| Recoverable from reinsurers |
IncreaseDecreaseInReinsuranceRecoverable
|
$37.55K | USD | 1 Quarter |
| Recoverable from reinsurers |
IncreaseDecreaseInReinsuranceRecoverable
|
$-206.58K | USD | 1 Quarter |
| Assets held in trust under coinsurance agreement |
IncreaseDecreaseInAssetsHeldInTrustUnderCoinsuranceAgreement
|
$-1.28M | USD | 1 Quarter |
| Assets held in trust under coinsurance agreement |
IncreaseDecreaseInAssetsHeldInTrustUnderCoinsuranceAgreement
|
$-1.81M | USD | 1 Quarter |
| Agents' balances and due premiums |
IncreaseDecreaseInAccountsReceivable
|
$12.71K | USD | 1 Quarter |
| Agents' balances and due premiums |
IncreaseDecreaseInAccountsReceivable
|
$-223.01K | USD | 1 Quarter |
| Other assets |
IncreaseDecreaseInOtherOperatingAssets
|
$116.12K | USD | 1 Quarter |
| Other assets |
IncreaseDecreaseInOtherOperatingAssets
|
$1.39M | USD | 1 Quarter |
| Future policy benefits |
IncreaseDecreaseInFuturePolicyBenefitReservesAndOtherInsuranceLiabilities
|
$3.05M | USD | 1 Quarter |
| Future policy benefits |
IncreaseDecreaseInFuturePolicyBenefitReservesAndOtherInsuranceLiabilities
|
$3.17M | USD | 1 Quarter |
| Policy claims |
IncreaseDecreaseInLifeInsuranceLiabilities
|
$985.34K | USD | 1 Quarter |
| Policy claims |
IncreaseDecreaseInLifeInsuranceLiabilities
|
$-234.02K | USD | 1 Quarter |
| Other policy liabilities |
IncreaseDecreaseInOtherPolicyLiabilities
|
$90.38K | USD | 1 Quarter |
| Other policy liabilities |
IncreaseDecreaseInOtherPolicyLiabilities
|
$95.01K | USD | 1 Quarter |
| Other liabilities (exclude change in payable for securities purchased of $757,048 and $1,154,808 in 2023 and 2022, respectively) |
IncreaseDecreaseInOtherOperatingLiabilities
|
$-4.06M | USD | 1 Quarter |
| Other liabilities (exclude change in payable for securities purchased of $757,048 and $1,154,808 in 2023 and 2022, respectively) |
IncreaseDecreaseInOtherOperatingLiabilities
|
$-1.74M | USD | 1 Quarter |
| Net cash provided by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$3.32M | USD | 1 Quarter |
| Net cash provided by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$2.15M | USD | 1 Quarter |
| Maturities of fixed maturity securities |
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
|
$355.00K | USD | 1 Quarter |
| Maturities of fixed maturity securities |
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
|
$550.00K | USD | 1 Quarter |
| Sales of fixed maturity securities |
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
|
$1.43M | USD | 1 Quarter |
| Sales of fixed maturity securities |
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
|
$30.40M | USD | 1 Quarter |
| Purchases of equity securities |
PaymentsToAcquireEquitySecuritiesFvNi
|
$43.41K | USD | 1 Quarter |
| Purchases of equity securities |
PaymentsToAcquireEquitySecuritiesFvNi
|
$27.06K | USD | 1 Quarter |
| Acquisition of Royalty Capital Life Insurance Company |
CashAcquiredFromAcquisition
|
- | USD | 1 Quarter |
| Acquisition of Royalty Capital Life Insurance Company |
CashAcquiredFromAcquisition
|
$3.53M | USD | 1 Quarter |
| Joint venture distribution |
ProceedsFromDivestitureOfInterestInJointVenture
|
$23.57K | USD | 1 Quarter |
| Joint venture distribution |
ProceedsFromDivestitureOfInterestInJointVenture
|
$30.52K | USD | 1 Quarter |
| Purchases of mortgage loans |
PaymentsToAcquireMortageLoans
|
$30.76M | USD | 1 Quarter |
| Purchases of mortgage loans |
PaymentsToAcquireMortageLoans
|
$32.45M | USD | 1 Quarter |
| Payments on mortgage loans |
ProceedsFromSaleAndCollectionOfMortgageNotesReceivable
|
$18.29M | USD | 1 Quarter |
| Payments on mortgage loans |
ProceedsFromSaleAndCollectionOfMortgageNotesReceivable
|
$39.54M | USD | 1 Quarter |
| Purchases of other long-term investments |
PaymentsToAcquireOtherInvestments
|
$5.44M | USD | 1 Quarter |
| Purchases of other long-term investments |
PaymentsToAcquireOtherInvestments
|
$2.67M | USD | 1 Quarter |
| Payments on other long-term investments |
ProceedsFromSaleAndMaturityOfOtherInvestments
|
$4.69M | USD | 1 Quarter |
| Payments on other long-term investments |
ProceedsFromSaleAndMaturityOfOtherInvestments
|
$3.71M | USD | 1 Quarter |
| Sale of real estate |
ProceedsFromSaleOfRealEstateHeldforinvestment
|
$49.37K | USD | 1 Quarter |
| Sale of real estate |
ProceedsFromSaleOfRealEstateHeldforinvestment
|
- | USD | 1 Quarter |
| Policy loans |
PaymentsForProceedsFromPolicyLoans
|
$158.15K | USD | 1 Quarter |
| Policy loans |
PaymentsForProceedsFromPolicyLoans
|
$99.16K | USD | 1 Quarter |
| Short-term investments |
PaymentsForProceedsFromShortTermInvestments
|
$216.15K | USD | 1 Quarter |
| Short-term investments |
PaymentsForProceedsFromShortTermInvestments
|
$-29.99K | USD | 1 Quarter |
| Net cash provided by (used in) investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$8.98M | USD | 1 Quarter |
| Net cash provided by (used in) investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-3.31M | USD | 1 Quarter |
| Policyholders' account deposits |
AdditionsToContractHoldersFunds
|
$32.73M | USD | 1 Quarter |
| Policyholders' account deposits |
AdditionsToContractHoldersFunds
|
$5.91M | USD | 1 Quarter |
| Policyholders' account withdrawals |
WithdrawalFromContractHoldersFunds
|
$23.25M | USD | 1 Quarter |
| Policyholders' account withdrawals |
WithdrawalFromContractHoldersFunds
|
$15.91M | USD | 1 Quarter |
| Net cash provided by (used in) financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$9.49M | USD | 1 Quarter |
| Net cash provided by (used in) financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$-10.00M | USD | 1 Quarter |
| Increase (decrease) in cash and cash equivalents |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
$21.79M | USD | 1 Quarter |
| Increase (decrease) in cash and cash equivalents |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
$-11.16M | USD | 1 Quarter |
| Cash and cash equivalents, beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
$31.37M | USD | Point-in-time |
| Cash and cash equivalents, beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
$33.54M | USD | Point-in-time |
| Cash and cash equivalents, beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
$42.53M | USD | Point-in-time |
| Cash and cash equivalents, beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
$55.33M | 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
|
$55.33M | USD | Point-in-time |
| Cash and cash equivalents, end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
$33.54M | USD | Point-in-time |
| Cash and cash equivalents, end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
$31.37M | USD | Point-in-time |
Stockholders Equity
13 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Balance |
StockholdersEquity
|
$51.65M | USD | Point-in-time |
| Balance |
StockholdersEquity
|
$68.39M | USD | Point-in-time |
| Balance |
StockholdersEquity
|
$55.51M | USD | Point-in-time |
| Balance |
StockholdersEquity
|
$60.81M | USD | Point-in-time |
| Net income |
NetIncomeLoss
|
$912.53K | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$1.02M | USD | 1 Quarter |
| Other comprehensive income (loss) |
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
$-13.09M | USD | 1 Quarter |
| Other comprehensive income (loss) |
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
$2.84M | USD | 1 Quarter |
| Acquisition of Royalty Capital Life Insurance Company |
AdjustmentsToAdditionalPaidInCapitalIncreaseRelatedToAcquisition
|
$4.60M | USD | 1 Quarter |
| Balance |
StockholdersEquity
|
$51.65M | USD | Point-in-time |
| Balance |
StockholdersEquity
|
$68.39M | USD | Point-in-time |
| Balance |
StockholdersEquity
|
$55.51M | USD | Point-in-time |
| Balance |
StockholdersEquity
|
$60.81M | USD | Point-in-time |
Comprehensive Income
18 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income |
NetIncomeLoss
|
$912.53K | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$1.02M | USD | 1 Quarter |
| Total net unrealized gains (losses) arising during the period |
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
|
$3.58M | USD | 1 Quarter |
| Total net unrealized gains (losses) arising during the period |
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
|
$-15.36M | USD | 1 Quarter |
| Less net realized investment gains (losses) having no credit losses |
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax
|
$-18.32K | USD | 1 Quarter |
| Less net realized investment gains (losses) having no credit losses |
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax
|
$1.22M | USD | 1 Quarter |
| Net unrealized gains (losses) |
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeTax
|
$-16.58M | USD | 1 Quarter |
| Net unrealized gains (losses) |
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeTax
|
$3.60M | USD | 1 Quarter |
| Less adjustment to deferred acquisition costs |
OtherComprehensiveIncomeLossAdjustmentToDeferredAcquisitionCosts
|
$1.09K | USD | 1 Quarter |
| Less adjustment to deferred acquisition costs |
OtherComprehensiveIncomeLossAdjustmentToDeferredAcquisitionCosts
|
$-6.91K | USD | 1 Quarter |
| Other comprehensive income (loss) before income tax expense (benefit) |
OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent
|
$3.59M | USD | 1 Quarter |
| Other comprehensive income (loss) before income tax expense (benefit) |
OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent
|
$-16.57M | USD | 1 Quarter |
| Income tax expense (benefit) |
OtherComprehensiveIncomeLossTaxPortionAttributableToParent1
|
$-3.48M | USD | 1 Quarter |
| Income tax expense (benefit) |
OtherComprehensiveIncomeLossTaxPortionAttributableToParent1
|
$754.78K | USD | 1 Quarter |
| Total other comprehensive income (loss) |
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
$-13.09M | USD | 1 Quarter |
| Total other comprehensive income (loss) |
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
$2.84M | USD | 1 Quarter |
| Total comprehensive income (loss) |
ComprehensiveIncomeNetOfTax
|
$-12.18M | USD | 1 Quarter |
| Total comprehensive income (loss) |
ComprehensiveIncomeNetOfTax
|
$3.85M | USD | 1 Quarter |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.