10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0001437749-23-031735 |
| Period End Date | 20230930 |
| Filing Date | 20231114 |
| Fiscal Year | 2023 |
| Fiscal Period | Q3 |
| XBRL Instance | ftfc20230930_10q_htm.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
72 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Mortgage loans on real estate |
MortgageLoansOnRealEstateCommercialAndConsumerNet
|
$242.31M | USD | Point-in-time |
| Mortgage loans on real estate |
MortgageLoansOnRealEstateCommercialAndConsumerNet
|
$237.92M | 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
|
$3.25M | USD | Point-in-time |
| Policy loans |
PolicyLoansReceivable
|
$2.84M | USD | Point-in-time |
| Short-term investments |
ShortTermInvestmentsExcludingFixedMaturitySecuritiesAvailableForSalePreferredStockAndEquitySecuritiesFVNI
|
$295.17K | 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 |
| Short-term investments |
ShortTermInvestmentsExcludingFixedMaturitySecuritiesAvailableForSalePreferredStockAndEquitySecuritiesFVNI
|
$1.86M | USD | Point-in-time |
| Other long-term investments |
OtherLongTermInvestments
|
$67.50M | USD | Point-in-time |
| Other long-term investments |
OtherLongTermInvestments
|
$63.14M | USD | Point-in-time |
| Total investments |
Investments
|
$442.07M | USD | Point-in-time |
| Total investments |
Investments
|
$447.21M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$33.54M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$38.13M | USD | Point-in-time |
| Accrued investment income |
AccruedInvestmentIncomeReceivable
|
$5.58M | USD | Point-in-time |
| Accrued investment income |
AccruedInvestmentIncomeReceivable
|
$7.03M | USD | Point-in-time |
| Recoverable from reinsurers |
ReinsuranceRecoverables
|
$11.10M | USD | Point-in-time |
| Recoverable from reinsurers |
ReinsuranceRecoverables
|
$10.43M | USD | Point-in-time |
| Mortgage loans on real estate |
MortgageLoansOnRealEstateCommercialAndConsumerNet
|
$242.31M | USD | Point-in-time |
| Mortgage loans on real estate |
MortgageLoansOnRealEstateCommercialAndConsumerNet
|
$237.92M | USD | Point-in-time |
| Short-term investments |
ShortTermInvestmentsExcludingFixedMaturitySecuritiesAvailableForSalePreferredStockAndEquitySecuritiesFVNI
|
$1.86M | USD | Point-in-time |
| Short-term investments |
ShortTermInvestmentsExcludingFixedMaturitySecuritiesAvailableForSalePreferredStockAndEquitySecuritiesFVNI
|
$295.17K | USD | Point-in-time |
| Payable for securities |
PayableForSecurities
|
$-4.15K | USD | Point-in-time |
| Payable for securities |
PayableForSecurities
|
- | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$38.13M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$33.54M | USD | Point-in-time |
| Agents' balances and due premiums |
PremiumsReceivableAtCarryingValue
|
$1.37M | 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
|
$60.10M | USD | Point-in-time |
| Value of insurance business acquired |
ValueOfBusinessAcquiredVOBA
|
$3.84M | USD | Point-in-time |
| Value of insurance business acquired |
ValueOfBusinessAcquiredVOBA
|
$4.05M | USD | Point-in-time |
| Other assets |
OtherAssets
|
$21.87M | USD | Point-in-time |
| Other assets |
OtherAssets
|
$20.05M | USD | Point-in-time |
| Total assets |
Assets
|
$665.86M | USD | Point-in-time |
| Total assets |
Assets
|
$674.34M | USD | Point-in-time |
| Policyholders' account balances |
PolicyholderFunds
|
$404.07M | USD | Point-in-time |
| Policyholders' account balances |
PolicyholderFunds
|
$391.36M | USD | Point-in-time |
| Future policy benefits |
LiabilityForFuturePolicyBenefits
|
$110.01M | USD | Point-in-time |
| Future policy benefits |
LiabilityForFuturePolicyBenefits
|
$119.82M | USD | Point-in-time |
| Policy claims |
LiabilityForClaimsAndClaimsAdjustmentExpense
|
$2.54M | USD | Point-in-time |
| Policy claims |
LiabilityForClaimsAndClaimsAdjustmentExpense
|
$1.90M | USD | Point-in-time |
| Other policy liabilities |
OtherPolicyLiabilities
|
$146.22K | USD | Point-in-time |
| Other policy liabilities |
OtherPolicyLiabilities
|
$298.42K | USD | Point-in-time |
| Total policy liabilities |
PolicyLiabilities
|
$504.06M | USD | Point-in-time |
| Total policy liabilities |
PolicyLiabilities
|
$526.08M | USD | Point-in-time |
| Funds withheld under coinsurance agreement |
FundsWithheldUnderCoinsuranceAgreements
|
$92.30M | USD | Point-in-time |
| Funds withheld under coinsurance agreement |
FundsWithheldUnderCoinsuranceAgreements
|
$84.17M | USD | Point-in-time |
| Deferred federal income taxes |
DeferredIncomeTaxLiabilitiesNet
|
$2.41M | USD | Point-in-time |
| Deferred federal income taxes |
DeferredIncomeTaxLiabilitiesNet
|
$2.68M | USD | Point-in-time |
| Other liabilities |
OtherLiabilities
|
$6.53M | USD | Point-in-time |
| Other liabilities |
OtherLiabilities
|
$15.17M | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$614.21M | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$619.21M | 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 September 30, 2023 and December 31, 2022) |
TreasuryStockCommonValue
|
$893.95K | USD | Point-in-time |
| Treasury stock, at cost (247,580 shares as of September 30, 2023 and December 31, 2022) |
TreasuryStockCommonValue
|
$893.95K | USD | Point-in-time |
| Accumulated other comprehensive loss |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-16.31M | USD | Point-in-time |
| Accumulated other comprehensive loss |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-14.32M | USD | Point-in-time |
| Accumulated earnings |
RetainedEarningsAccumulatedDeficit
|
$23.10M | USD | Point-in-time |
| Accumulated earnings |
RetainedEarningsAccumulatedDeficit
|
$28.57M | USD | Point-in-time |
| Total shareholders' equity |
StockholdersEquity
|
$68.39M | USD | Point-in-time |
| Total shareholders' equity |
StockholdersEquity
|
$55.14M | USD | Point-in-time |
| Total shareholders' equity |
StockholdersEquity
|
$52.46M | USD | Point-in-time |
| Total shareholders' equity |
StockholdersEquity
|
$48.07M | USD | Point-in-time |
| Total shareholders' equity |
StockholdersEquity
|
$51.65M | USD | Point-in-time |
| Total shareholders' equity |
StockholdersEquity
|
$55.56M | USD | Point-in-time |
| Total liabilities and shareholders' equity |
LiabilitiesAndStockholdersEquity
|
$665.86M | USD | Point-in-time |
| Total liabilities and shareholders' equity |
LiabilitiesAndStockholdersEquity
|
$674.34M | USD | Point-in-time |
Income Statement
96 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Premiums |
PremiumsEarnedNet
|
$26.35M | USD | 3 Qtrs |
| Premiums |
PremiumsEarnedNet
|
$9.97M | USD | 1 Quarter |
| Premiums |
PremiumsEarnedNet
|
$9.21M | USD | 1 Quarter |
| Premiums |
PremiumsEarnedNet
|
$28.68M | USD | 3 Qtrs |
| Net investment income |
NetInvestmentIncome
|
$19.38M | USD | 3 Qtrs |
| Net investment income |
NetInvestmentIncome
|
$6.49M | USD | 1 Quarter |
| Net investment income |
NetInvestmentIncome
|
$23.26M | USD | 3 Qtrs |
| Net investment income |
NetInvestmentIncome
|
$8.19M | USD | 1 Quarter |
| Net realized investment gains (losses) |
RealizedInvestmentGainsLosses
|
$23.39K | USD | 1 Quarter |
| Net realized investment gains (losses) |
RealizedInvestmentGainsLosses
|
$1.06M | USD | 3 Qtrs |
| Net realized investment gains (losses) |
RealizedInvestmentGainsLosses
|
$-120.13K | USD | 3 Qtrs |
| Net realized investment gains (losses) |
RealizedInvestmentGainsLosses
|
$-28.75K | USD | 1 Quarter |
| Service fees |
InsuranceCommissionsAndFees
|
$3.53M | USD | 3 Qtrs |
| Service fees |
InsuranceCommissionsAndFees
|
$1.22M | USD | 1 Quarter |
| Service fees |
InsuranceCommissionsAndFees
|
$1.44M | USD | 1 Quarter |
| Service fees |
InsuranceCommissionsAndFees
|
$1.61M | USD | 3 Qtrs |
| Other income |
OtherIncome
|
$114.80K | USD | 1 Quarter |
| Other income |
OtherIncome
|
$179.07K | USD | 3 Qtrs |
| Other income |
OtherIncome
|
$639.51K | USD | 3 Qtrs |
| Other income |
OtherIncome
|
$631.07K | USD | 1 Quarter |
| Total revenues |
Revenues
|
$55.99M | USD | 3 Qtrs |
| Total revenues |
Revenues
|
$17.01M | USD | 1 Quarter |
| Total revenues |
Revenues
|
$20.25M | USD | 1 Quarter |
| Total revenues |
Revenues
|
$48.58M | USD | 3 Qtrs |
| Increase in future policy benefits |
LiabilityForFuturePolicyBenefitsPeriodExpense
|
$10.22M | USD | 3 Qtrs |
| Increase in future policy benefits |
LiabilityForFuturePolicyBenefitsPeriodExpense
|
$9.92M | USD | 3 Qtrs |
| Increase in future policy benefits |
LiabilityForFuturePolicyBenefitsPeriodExpense
|
$3.73M | USD | 1 Quarter |
| Increase in future policy benefits |
LiabilityForFuturePolicyBenefitsPeriodExpense
|
$3.74M | USD | 1 Quarter |
| Death benefits |
PolicyholderBenefitsAndClaimsIncurredLifeAndAnnuity
|
$3.24M | USD | 1 Quarter |
| Death benefits |
PolicyholderBenefitsAndClaimsIncurredLifeAndAnnuity
|
$10.34M | USD | 3 Qtrs |
| Death benefits |
PolicyholderBenefitsAndClaimsIncurredLifeAndAnnuity
|
$9.71M | USD | 3 Qtrs |
| Death benefits |
PolicyholderBenefitsAndClaimsIncurredLifeAndAnnuity
|
$2.81M | USD | 1 Quarter |
| Surrenders |
PolicyholderBenefitsAndClaimsIncurredOther
|
$1.59M | USD | 3 Qtrs |
| Surrenders |
PolicyholderBenefitsAndClaimsIncurredOther
|
$489.73K | USD | 1 Quarter |
| Surrenders |
PolicyholderBenefitsAndClaimsIncurredOther
|
$311.58K | USD | 1 Quarter |
| Surrenders |
PolicyholderBenefitsAndClaimsIncurredOther
|
$1.07M | USD | 3 Qtrs |
| Interest credited to policyholders |
InterestCreditedToPolicyholdersAccountBalances
|
$9.56M | USD | 3 Qtrs |
| Interest credited to policyholders |
InterestCreditedToPolicyholdersAccountBalances
|
$3.16M | USD | 1 Quarter |
| Interest credited to policyholders |
InterestCreditedToPolicyholdersAccountBalances
|
$11.30M | USD | 3 Qtrs |
| Interest credited to policyholders |
InterestCreditedToPolicyholdersAccountBalances
|
$3.88M | USD | 1 Quarter |
| Dividend, endowment and supplementary life contract benefits |
PolicyholderDividends
|
$78.77K | USD | 1 Quarter |
| Dividend, endowment and supplementary life contract benefits |
PolicyholderDividends
|
$235.62K | USD | 3 Qtrs |
| Dividend, endowment and supplementary life contract benefits |
PolicyholderDividends
|
$256.51K | USD | 3 Qtrs |
| Dividend, endowment and supplementary life contract benefits |
PolicyholderDividends
|
$87.73K | USD | 1 Quarter |
| Total benefits and claims |
BenefitsAndClaims
|
$30.49M | USD | 3 Qtrs |
| Total benefits and claims |
BenefitsAndClaims
|
$11.42M | USD | 1 Quarter |
| Total benefits and claims |
BenefitsAndClaims
|
$10.10M | USD | 1 Quarter |
| Total benefits and claims |
BenefitsAndClaims
|
$33.71M | USD | 3 Qtrs |
| Policy acquisition costs deferred |
DeferredPolicyAcquisitionCostsOperating
|
$3.50M | USD | 1 Quarter |
| Policy acquisition costs deferred |
DeferredPolicyAcquisitionCostsOperating
|
$9.76M | USD | 3 Qtrs |
| Policy acquisition costs deferred |
DeferredPolicyAcquisitionCostsOperating
|
$2.99M | USD | 1 Quarter |
| Policy acquisition costs deferred |
DeferredPolicyAcquisitionCostsOperating
|
$10.39M | USD | 3 Qtrs |
| Amortization of deferred policy acquisition costs |
DeferredPolicyAcquisitionCostAmortizationExpense
|
$2.19M | USD | 1 Quarter |
| Amortization of deferred policy acquisition costs |
DeferredPolicyAcquisitionCostAmortizationExpense
|
$1.96M | USD | 1 Quarter |
| Amortization of deferred policy acquisition costs |
DeferredPolicyAcquisitionCostAmortizationExpense
|
$5.41M | USD | 3 Qtrs |
| Amortization of deferred policy acquisition costs |
DeferredPolicyAcquisitionCostAmortizationExpense
|
$6.47M | USD | 3 Qtrs |
| Amortization of value of insurance business acquired |
AmortizationOfValueOfBusinessAcquiredVOBA
|
$65.04K | USD | 1 Quarter |
| Amortization of value of insurance business acquired |
AmortizationOfValueOfBusinessAcquiredVOBA
|
$65.29K | USD | 1 Quarter |
| Amortization of value of insurance business acquired |
AmortizationOfValueOfBusinessAcquiredVOBA
|
$204.00K | USD | 3 Qtrs |
| Amortization of value of insurance business acquired |
AmortizationOfValueOfBusinessAcquiredVOBA
|
$206.79K | USD | 3 Qtrs |
| Commissions |
InsuranceCommissions
|
$9.96M | USD | 3 Qtrs |
| Commissions |
InsuranceCommissions
|
$3.34M | USD | 1 Quarter |
| Commissions |
InsuranceCommissions
|
$9.07M | USD | 3 Qtrs |
| Commissions |
InsuranceCommissions
|
$2.96M | USD | 1 Quarter |
| Other underwriting, insurance and acquisition expenses |
OtherExpenses
|
$8.85M | USD | 3 Qtrs |
| Other underwriting, insurance and acquisition expenses |
OtherExpenses
|
$7.56M | USD | 3 Qtrs |
| Other underwriting, insurance and acquisition expenses |
OtherExpenses
|
$2.35M | USD | 1 Quarter |
| Other underwriting, insurance and acquisition expenses |
OtherExpenses
|
$2.55M | USD | 1 Quarter |
| Total expenses |
OperatingExpenses
|
$4.21M | USD | 1 Quarter |
| Total expenses |
OperatingExpenses
|
$12.49M | USD | 3 Qtrs |
| Total expenses |
OperatingExpenses
|
$4.78M | USD | 1 Quarter |
| Total expenses |
OperatingExpenses
|
$15.09M | USD | 3 Qtrs |
| Total benefits, claims and expenses |
BenefitsLossesAndExpenses
|
$48.80M | USD | 3 Qtrs |
| Total benefits, claims and expenses |
BenefitsLossesAndExpenses
|
$16.20M | USD | 1 Quarter |
| Total benefits, claims and expenses |
BenefitsLossesAndExpenses
|
$14.31M | USD | 1 Quarter |
| Total benefits, claims and expenses |
BenefitsLossesAndExpenses
|
$42.98M | USD | 3 Qtrs |
| Income before total federal income tax expense |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
|
$2.70M | USD | 1 Quarter |
| Income before total federal income tax expense |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
|
$7.19M | USD | 3 Qtrs |
| Income before total federal income tax expense |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
|
$4.05M | USD | 1 Quarter |
| Income before total federal income tax expense |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
|
$5.60M | USD | 3 Qtrs |
| Current federal income tax expense |
CurrentIncomeTaxExpenseBenefit
|
$912.43K | USD | 1 Quarter |
| Current federal income tax expense |
CurrentIncomeTaxExpenseBenefit
|
$337.46K | USD | 3 Qtrs |
| Current federal income tax expense |
CurrentIncomeTaxExpenseBenefit
|
$1.17M | USD | 3 Qtrs |
| Current federal income tax expense |
CurrentIncomeTaxExpenseBenefit
|
$335.25K | USD | 1 Quarter |
| Deferred federal income tax expense (benefit) |
DeferredIncomeTaxExpenseBenefit
|
$-48.66K | USD | 1 Quarter |
| Deferred federal income tax expense (benefit) |
DeferredIncomeTaxExpenseBenefit
|
$852.88K | USD | 3 Qtrs |
| Deferred federal income tax expense (benefit) |
DeferredIncomeTaxExpenseBenefit
|
$326.46K | USD | 3 Qtrs |
| Deferred federal income tax expense (benefit) |
DeferredIncomeTaxExpenseBenefit
|
$322.27K | USD | 1 Quarter |
| Total federal income tax expense |
IncomeTaxExpenseBenefit
|
$1.19M | USD | 3 Qtrs |
| Total federal income tax expense |
IncomeTaxExpenseBenefit
|
$863.77K | USD | 1 Quarter |
| Total federal income tax expense |
IncomeTaxExpenseBenefit
|
$657.51K | USD | 1 Quarter |
| Total federal income tax expense |
IncomeTaxExpenseBenefit
|
$1.49M | USD | 3 Qtrs |
| Net income |
NetIncomeLoss
|
$4.41M | USD | 3 Qtrs |
| Net income |
NetIncomeLoss
|
$3.18M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$5.70M | USD | 3 Qtrs |
| Net income |
NetIncomeLoss
|
$2.04M | USD | 1 Quarter |
Cash Flow Statement
100 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Change in receivable for securities sold |
IncreaseDecreaseInReceivableForInvestmentSold
|
$-3.42K | USD | 3 Qtrs |
| Change in receivable for securities sold |
IncreaseDecreaseInReceivableForInvestmentSold
|
$-19.11K | USD | 3 Qtrs |
| Change in payable of securities purchased |
IncreaseDecreaseInPayableOfSecuritiesPurchased
|
$-144.39K | USD | 3 Qtrs |
| Change in payable of securities purchased |
IncreaseDecreaseInPayableOfSecuritiesPurchased
|
$-953.87K | USD | 3 Qtrs |
| Net income |
NetIncomeLoss
|
$3.18M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$5.70M | USD | 3 Qtrs |
| Net income |
NetIncomeLoss
|
$4.41M | USD | 3 Qtrs |
| Net income |
NetIncomeLoss
|
$2.04M | USD | 1 Quarter |
| Accretion of discount on investments |
AccretionAmortizationOfDiscountsAndPremiumsInvestments
|
$3.69M | USD | 3 Qtrs |
| Accretion of discount on investments |
AccretionAmortizationOfDiscountsAndPremiumsInvestments
|
$3.72M | USD | 3 Qtrs |
| Net realized investment (gains) losses |
RealizedInvestmentGainsLosses
|
$23.39K | USD | 1 Quarter |
| Net realized investment (gains) losses |
RealizedInvestmentGainsLosses
|
$1.06M | USD | 3 Qtrs |
| Net realized investment (gains) losses |
RealizedInvestmentGainsLosses
|
$-28.75K | USD | 1 Quarter |
| Net realized investment (gains) losses |
RealizedInvestmentGainsLosses
|
$-120.13K | USD | 3 Qtrs |
| Amortization of policy acquisition cost |
DeferredPolicyAcquisitionCostAmortizationExpense
|
$2.19M | USD | 1 Quarter |
| Amortization of policy acquisition cost |
DeferredPolicyAcquisitionCostAmortizationExpense
|
$1.96M | USD | 1 Quarter |
| Amortization of policy acquisition cost |
DeferredPolicyAcquisitionCostAmortizationExpense
|
$5.41M | USD | 3 Qtrs |
| Amortization of policy acquisition cost |
DeferredPolicyAcquisitionCostAmortizationExpense
|
$6.47M | USD | 3 Qtrs |
| Policy acquisition costs deferred |
DeferredPolicyAcquisitionCostsOperating
|
$3.50M | USD | 1 Quarter |
| Policy acquisition costs deferred |
DeferredPolicyAcquisitionCostsOperating
|
$9.76M | USD | 3 Qtrs |
| Policy acquisition costs deferred |
DeferredPolicyAcquisitionCostsOperating
|
$2.99M | USD | 1 Quarter |
| Policy acquisition costs deferred |
DeferredPolicyAcquisitionCostsOperating
|
$10.39M | USD | 3 Qtrs |
| Amortization of value of insurance business acquired |
AmortizationOfValueOfBusinessAcquiredVOBA
|
$65.04K | USD | 1 Quarter |
| Amortization of value of insurance business acquired |
AmortizationOfValueOfBusinessAcquiredVOBA
|
$65.29K | USD | 1 Quarter |
| Amortization of value of insurance business acquired |
AmortizationOfValueOfBusinessAcquiredVOBA
|
$206.79K | USD | 3 Qtrs |
| Amortization of value of insurance business acquired |
AmortizationOfValueOfBusinessAcquiredVOBA
|
$204.00K | USD | 3 Qtrs |
| Allowance for mortgage loan losses |
ProvisionForLoanAndLeaseLosses
|
$17.22K | USD | 3 Qtrs |
| Allowance for mortgage loan losses |
ProvisionForLoanAndLeaseLosses
|
$256.63K | USD | 3 Qtrs |
| Provision for deferred federal income tax expense |
DeferredIncomeTaxExpenseBenefit
|
$-48.66K | USD | 1 Quarter |
| Provision for deferred federal income tax expense |
DeferredIncomeTaxExpenseBenefit
|
$852.88K | USD | 3 Qtrs |
| Provision for deferred federal income tax expense |
DeferredIncomeTaxExpenseBenefit
|
$326.46K | USD | 3 Qtrs |
| Provision for deferred federal income tax expense |
DeferredIncomeTaxExpenseBenefit
|
$322.27K | USD | 1 Quarter |
| Interest credited to policyholders |
InterestCreditedToPolicyholdersAccountBalances
|
$3.16M | USD | 1 Quarter |
| Interest credited to policyholders |
InterestCreditedToPolicyholdersAccountBalances
|
$11.30M | USD | 3 Qtrs |
| Interest credited to policyholders |
InterestCreditedToPolicyholdersAccountBalances
|
$3.88M | USD | 1 Quarter |
| Interest credited to policyholders |
InterestCreditedToPolicyholdersAccountBalances
|
$9.56M | USD | 3 Qtrs |
| Accrued investment income |
IncreaseDecreaseInAccruedInvestmentIncomeReceivable
|
$1.45M | USD | 3 Qtrs |
| Accrued investment income |
IncreaseDecreaseInAccruedInvestmentIncomeReceivable
|
$234.60K | USD | 3 Qtrs |
| Recoverable from reinsurers |
IncreaseDecreaseInReinsuranceRecoverable
|
$-453.64K | USD | 3 Qtrs |
| Recoverable from reinsurers |
IncreaseDecreaseInReinsuranceRecoverable
|
$-668.02K | USD | 3 Qtrs |
| Funds under coinsurance agreement |
IncreaseDecreaseInAssetsHeldInTrustUnderCoinsuranceAgreement
|
$-5.20M | USD | 3 Qtrs |
| Funds under coinsurance agreement |
IncreaseDecreaseInAssetsHeldInTrustUnderCoinsuranceAgreement
|
$-10.57M | USD | 3 Qtrs |
| Agents' balances and due premiums |
IncreaseDecreaseInAccountsReceivable
|
$113.36K | USD | 3 Qtrs |
| Agents' balances and due premiums |
IncreaseDecreaseInAccountsReceivable
|
$-352.04K | USD | 3 Qtrs |
| Other assets (excludes change in receivable for securities sold of ($19,113) and ($3,421) in 2023 and 2022, respectively) |
IncreaseDecreaseInOtherOperatingAssets
|
$-1.19M | USD | 3 Qtrs |
| Other assets (excludes change in receivable for securities sold of ($19,113) and ($3,421) in 2023 and 2022, respectively) |
IncreaseDecreaseInOtherOperatingAssets
|
$1.80M | USD | 3 Qtrs |
| Future policy benefits |
IncreaseDecreaseInFuturePolicyBenefitReservesAndOtherInsuranceLiabilities
|
$9.53M | USD | 3 Qtrs |
| Future policy benefits |
IncreaseDecreaseInFuturePolicyBenefitReservesAndOtherInsuranceLiabilities
|
$9.81M | USD | 3 Qtrs |
| Policy claims |
IncreaseDecreaseInLifeInsuranceLiabilities
|
$-206.26K | USD | 3 Qtrs |
| Policy claims |
IncreaseDecreaseInLifeInsuranceLiabilities
|
$-641.65K | USD | 3 Qtrs |
| Other policy liabilities |
IncreaseDecreaseInOtherPolicyLiabilities
|
$92.70K | USD | 3 Qtrs |
| Other policy liabilities |
IncreaseDecreaseInOtherPolicyLiabilities
|
$152.21K | USD | 3 Qtrs |
| Other liabilities (excludes change in payable for securities purchased of ($144,391) and ($953,865) in 2023 and 2022, respectively) |
IncreaseDecreaseInOtherOperatingLiabilities
|
$448.13K | USD | 3 Qtrs |
| Other liabilities (excludes change in payable for securities purchased of ($144,391) and ($953,865) in 2023 and 2022, respectively) |
IncreaseDecreaseInOtherOperatingLiabilities
|
$-8.49M | USD | 3 Qtrs |
| Net cash provided by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$18.75M | USD | 3 Qtrs |
| Net cash provided by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$22.97M | USD | 3 Qtrs |
| Purchases of fixed maturity securities |
PaymentsToAcquireAvailableForSaleSecuritiesDebt
|
$23.06M | USD | 3 Qtrs |
| Purchases of fixed maturity securities |
PaymentsToAcquireAvailableForSaleSecuritiesDebt
|
$35.25M | USD | 3 Qtrs |
| Maturities of fixed maturity securities |
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
|
$505.00K | USD | 3 Qtrs |
| Maturities of fixed maturity securities |
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
|
$952.00K | USD | 3 Qtrs |
| Sales of fixed maturity securities |
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
|
$51.05M | USD | 3 Qtrs |
| Sales of fixed maturity securities |
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
|
$4.43M | USD | 3 Qtrs |
| Purchases of equity securities |
PaymentsToAcquireEquitySecuritiesFvNi
|
$104.05K | USD | 3 Qtrs |
| Purchases of equity securities |
PaymentsToAcquireEquitySecuritiesFvNi
|
$173.99K | USD | 3 Qtrs |
| Acquisition of Royalty Capital Life Insurance Company |
CashAcquiredFromAcquisition
|
$3.53M | USD | 3 Qtrs |
| Acquisition of Royalty Capital Life Insurance Company |
CashAcquiredFromAcquisition
|
- | USD | 3 Qtrs |
| Joint venture distributions |
ProceedsFromDivestitureOfInterestInJointVenture
|
$100.16K | USD | 3 Qtrs |
| Joint venture distributions |
ProceedsFromDivestitureOfInterestInJointVenture
|
$162.87K | USD | 3 Qtrs |
| Purchases of mortgage loans |
PaymentsToAcquireMortageLoans
|
$101.13M | USD | 3 Qtrs |
| Purchases of mortgage loans |
PaymentsToAcquireMortageLoans
|
$122.74M | USD | 3 Qtrs |
| Payments on mortgage loans |
ProceedsFromSaleAndCollectionOfMortgageNotesReceivable
|
$85.14M | USD | 3 Qtrs |
| Payments on mortgage loans |
ProceedsFromSaleAndCollectionOfMortgageNotesReceivable
|
$105.52M | USD | 3 Qtrs |
| Purchases of other long-term investments |
PaymentsToAcquireOtherInvestments
|
$10.20M | USD | 3 Qtrs |
| Purchases of other long-term investments |
PaymentsToAcquireOtherInvestments
|
$6.11M | USD | 3 Qtrs |
| Payments on other long-term investments |
ProceedsFromSaleAndMaturityOfOtherInvestments
|
$14.30M | USD | 3 Qtrs |
| Payments on other long-term investments |
ProceedsFromSaleAndMaturityOfOtherInvestments
|
$11.77M | USD | 3 Qtrs |
| Sale of real estate |
ProceedsFromSaleOfRealEstateHeldforinvestment
|
- | USD | 3 Qtrs |
| Sale of real estate |
ProceedsFromSaleOfRealEstateHeldforinvestment
|
$200.08K | USD | 3 Qtrs |
| Net change in policy loans |
PaymentsForProceedsFromPolicyLoans
|
$387.25K | USD | 3 Qtrs |
| Net change in policy loans |
PaymentsForProceedsFromPolicyLoans
|
$405.28K | USD | 3 Qtrs |
| Net change in short-term investments |
PaymentsForProceedsFromShortTermInvestments
|
$-3.04M | USD | 3 Qtrs |
| Net change in short-term investments |
PaymentsForProceedsFromShortTermInvestments
|
$-1.57M | USD | 3 Qtrs |
| Net cash used in investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-13.86M | USD | 3 Qtrs |
| Net cash used in investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-4.56M | USD | 3 Qtrs |
| Policyholders' account deposits |
AdditionsToContractHoldersFunds
|
$66.49M | USD | 3 Qtrs |
| Policyholders' account deposits |
AdditionsToContractHoldersFunds
|
$38.04M | USD | 3 Qtrs |
| Policyholders' account withdrawals |
WithdrawalFromContractHoldersFunds
|
$76.10M | USD | 3 Qtrs |
| Policyholders' account withdrawals |
WithdrawalFromContractHoldersFunds
|
$52.76M | USD | 3 Qtrs |
| Net cash used in financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$-9.60M | USD | 3 Qtrs |
| Net cash used in financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$-14.71M | USD | 3 Qtrs |
| Increase (decrease) in cash and cash equivalents |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
$-5.60M | USD | 3 Qtrs |
| Increase (decrease) in cash and cash equivalents |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
$4.58M | USD | 3 Qtrs |
| Cash and cash equivalents, beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
$42.53M | 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
|
$36.93M | USD | Point-in-time |
| Cash and cash equivalents, beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
$38.13M | 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
|
$36.93M | 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
|
$38.13M | USD | Point-in-time |
Stockholders Equity
21 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Balance |
StockholdersEquity
|
$68.39M | USD | Point-in-time |
| Balance |
StockholdersEquity
|
$55.14M | USD | Point-in-time |
| Balance |
StockholdersEquity
|
$52.46M | USD | Point-in-time |
| Balance |
StockholdersEquity
|
$48.07M | USD | Point-in-time |
| Balance |
StockholdersEquity
|
$51.65M | USD | Point-in-time |
| Balance |
StockholdersEquity
|
$55.56M | USD | Point-in-time |
| Net income |
NetIncomeLoss
|
$3.18M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$5.70M | USD | 3 Qtrs |
| Net income |
NetIncomeLoss
|
$4.41M | USD | 3 Qtrs |
| Net income |
NetIncomeLoss
|
$2.04M | USD | 1 Quarter |
| Other comprehensive income (loss) |
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
$-29.33M | USD | 3 Qtrs |
| Other comprehensive income (loss) |
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
$-3.61M | USD | 1 Quarter |
| Other comprehensive income (loss) |
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
$-6.43M | USD | 1 Quarter |
| Other comprehensive income (loss) |
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
$-2.22M | USD | 3 Qtrs |
| Acquisition of Royalty Capital Life Insurance Company |
AdjustmentsToAdditionalPaidInCapitalIncreaseRelatedToAcquisition
|
$4.60M | USD | 3 Qtrs |
| Balance |
StockholdersEquity
|
$51.65M | USD | Point-in-time |
| Balance |
StockholdersEquity
|
$68.39M | USD | Point-in-time |
| Balance |
StockholdersEquity
|
$55.14M | USD | Point-in-time |
| Balance |
StockholdersEquity
|
$52.46M | USD | Point-in-time |
| Balance |
StockholdersEquity
|
$48.07M | USD | Point-in-time |
| Balance |
StockholdersEquity
|
$55.56M | USD | Point-in-time |
Comprehensive Income
36 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income |
NetIncomeLoss
|
$3.18M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$5.70M | USD | 3 Qtrs |
| Net income |
NetIncomeLoss
|
$4.41M | USD | 3 Qtrs |
| Net income |
NetIncomeLoss
|
$2.04M | USD | 1 Quarter |
| Total net unrealized investment losses arising during the period |
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
|
$-36.11M | USD | 3 Qtrs |
| Total net unrealized investment losses arising during the period |
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
|
$-2.84M | USD | 3 Qtrs |
| Total net unrealized investment losses arising during the period |
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
|
$-8.24M | USD | 1 Quarter |
| Total net unrealized investment losses arising during the period |
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
|
$-4.55M | USD | 1 Quarter |
| Less net realized investment gains (losses) having no credit losses |
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax
|
$-34.09K | USD | 3 Qtrs |
| Less net realized investment gains (losses) having no credit losses |
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax
|
$-105.57K | USD | 1 Quarter |
| Less net realized investment gains (losses) having no credit losses |
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax
|
$1.03M | USD | 3 Qtrs |
| Less net realized investment gains (losses) having no credit losses |
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax
|
$15.51K | USD | 1 Quarter |
| Net unrealized investment losses |
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeTax
|
$-4.57M | USD | 1 Quarter |
| Net unrealized investment losses |
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeTax
|
$-8.14M | USD | 1 Quarter |
| Net unrealized investment losses |
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeTax
|
$-37.14M | USD | 3 Qtrs |
| Net unrealized investment losses |
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeTax
|
$-2.81M | USD | 3 Qtrs |
| Less adjustment to deferred acquisition costs |
OtherComprehensiveIncomeLossAdjustmentToDeferredAcquisitionCosts
|
$-340.00 | USD | 3 Qtrs |
| Less adjustment to deferred acquisition costs |
OtherComprehensiveIncomeLossAdjustmentToDeferredAcquisitionCosts
|
$-2.04K | USD | 1 Quarter |
| Less adjustment to deferred acquisition costs |
OtherComprehensiveIncomeLossAdjustmentToDeferredAcquisitionCosts
|
$-1.07K | USD | 1 Quarter |
| Less adjustment to deferred acquisition costs |
OtherComprehensiveIncomeLossAdjustmentToDeferredAcquisitionCosts
|
$-12.51K | USD | 3 Qtrs |
| Other comprehensive loss before federal income tax benefit |
OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent
|
$-37.12M | USD | 3 Qtrs |
| Other comprehensive loss before federal income tax benefit |
OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent
|
$-4.57M | USD | 1 Quarter |
| Other comprehensive loss before federal income tax benefit |
OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent
|
$-8.13M | USD | 1 Quarter |
| Other comprehensive loss before federal income tax benefit |
OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent
|
$-2.81M | USD | 3 Qtrs |
| Federal income tax benefit |
OtherComprehensiveIncomeLossTaxPortionAttributableToParent1
|
$-589.41K | USD | 3 Qtrs |
| Federal income tax benefit |
OtherComprehensiveIncomeLossTaxPortionAttributableToParent1
|
$-959.17K | USD | 1 Quarter |
| Federal income tax benefit |
OtherComprehensiveIncomeLossTaxPortionAttributableToParent1
|
$-1.71M | USD | 1 Quarter |
| Federal income tax benefit |
OtherComprehensiveIncomeLossTaxPortionAttributableToParent1
|
$-7.80M | USD | 3 Qtrs |
| Total other comprehensive loss |
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
$-6.43M | USD | 1 Quarter |
| Total other comprehensive loss |
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
$-2.22M | USD | 3 Qtrs |
| Total other comprehensive loss |
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
$-3.61M | USD | 1 Quarter |
| Total other comprehensive loss |
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
$-29.33M | USD | 3 Qtrs |
| Total comprehensive income (loss) |
ComprehensiveIncomeNetOfTax
|
$3.48M | USD | 3 Qtrs |
| Total comprehensive income (loss) |
ComprehensiveIncomeNetOfTax
|
$-425.09K | USD | 1 Quarter |
| Total comprehensive income (loss) |
ComprehensiveIncomeNetOfTax
|
$-24.92M | USD | 3 Qtrs |
| Total comprehensive income (loss) |
ComprehensiveIncomeNetOfTax
|
$-4.39M | USD | 1 Quarter |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.