|
Consolidated Balance Sheets (USD $) In Thousands, unless otherwise specified
|
Jun. 30, 2014
|
Dec. 31, 2013
|
| Investments: |
|
|
| Fixed maturity securities available for sale, at fair value |
$ 2,762,031 |
$ 2,618,620 |
| Equity securities available for sale, at fair value |
24,732 |
23,116 |
| Mortgage loans |
572,831 |
629,256 |
| Real estate |
142,102 |
142,536 |
| Policy loans |
83,223 |
83,518 |
| Short-term investments |
35,660 |
40,712 |
| Other investments |
7,526 |
12,517 |
| Total investments |
3,628,105 |
3,550,275 |
| Cash |
8,566 |
8,197 |
| Accrued investment income |
34,160 |
33,795 |
| Deferred acquisition costs |
245,728 |
256,386 |
| Reinsurance recoverables |
193,765 |
191,055 |
| Property and equipment |
17,295 |
17,524 |
| Other assets |
58,967 |
64,018 |
| Separate account assets |
410,700 |
393,416 |
| Total assets |
4,597,286 |
4,514,666 |
| LIABILITIES |
|
|
| Future policy benefits |
926,526 |
910,228 |
| Policyholder account balances |
2,091,954 |
2,096,212 |
| Policy and contract claims |
37,545 |
36,783 |
| Other policyholder funds |
161,865 |
160,421 |
| Other liabilities |
203,832 |
192,202 |
| Separate account liabilities |
410,700 |
393,416 |
| Total liabilities |
3,832,422 |
3,789,262 |
| 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 |
40,998 |
40,989 |
| Retained earnings |
831,443 |
823,408 |
| Accumulated other comprehensive income |
45,637 |
14,170 |
| Treasury stock, at cost (2014 - 7,528,693 shares; 2013 - 7,527,841 shares) |
(176,335) |
(176,284) |
| Total stockholders’ equity |
764,864 |
725,404 |
| Total liabilities and stockholders’ equity |
$ 4,597,286 |
$ 4,514,666 |