|
Consolidated Balance Sheets (USD $) In Thousands, unless otherwise specified
|
Jun. 30, 2012
|
Dec. 31, 2011
|
| ASSETS |
|
|
| Fixed maturity securities available for sale, at fair value |
$ 2,816,250 |
$ 2,682,142 |
| Equity securities available for sale, at fair value |
37,184 |
36,689 |
| Mortgage loans |
579,500 |
601,923 |
| Real estate |
123,450 |
127,962 |
| Policy loans |
79,447 |
80,375 |
| Short-term investments |
17,448 |
49,316 |
| Other investments |
2,865 |
3,364 |
| Total investments |
3,656,144 |
3,581,771 |
| Cash |
5,573 |
10,436 |
| Accrued investment income |
35,784 |
34,705 |
| Deferred acquisition costs |
178,911 |
181,564 |
| Reinsurance receivables |
194,028 |
189,885 |
| Property and equipment |
22,178 |
22,671 |
| Other assets |
51,180 |
60,601 |
| Separate account assets |
320,566 |
316,609 |
| Total assets |
4,464,364 |
4,398,242 |
| LIABILITIES |
|
|
| Future policy benefits |
886,077 |
879,015 |
| Policyholder account balances |
2,114,159 |
2,089,452 |
| Policy and contract claims |
32,152 |
36,511 |
| Other policyholder funds |
152,124 |
152,125 |
| Other liabilities |
222,254 |
213,825 |
| Separate account liabilities |
320,566 |
316,609 |
| Total liabilities |
3,727,332 |
3,687,537 |
| STOCKHOLDERS' EQUITY |
|
|
| Common stock, par value $1.25 per share Authorized 36,000,000 shares, issued 18,496,680 shares |
23,121 |
23,121 |
| Additional paid in capital |
41,106 |
41,101 |
| Retained earnings |
802,652 |
780,918 |
| Accumulated other comprehensive income |
42,916 |
30,086 |
| Treasury stock, at cost (2012 - 7,439,747 shares; 2011 - 7,187,315 shares) |
(172,763) |
(164,521) |
| Total stockholders' equity |
737,032 |
710,705 |
| Total liabilities and stockholders' equity |
$ 4,464,364 |
$ 4,398,242 |