|
Consolidated Balance Sheets (USD $) In Thousands, unless otherwise specified
|
Sep. 30, 2014
|
Dec. 31, 2013
|
| Investments: |
|
|
| Fixed maturity securities available for sale, at fair value |
$ 2,751,916 |
$ 2,618,620 |
| Equity securities available for sale, at fair value |
24,726 |
23,116 |
| Mortgage loans |
570,486 |
629,256 |
| Real estate |
143,275 |
142,536 |
| Policy loans |
83,254 |
83,518 |
| Short-term investments |
19,807 |
40,712 |
| Other investments |
604 |
12,517 |
| Total investments |
3,594,068 |
3,550,275 |
| Cash |
8,406 |
8,197 |
| Accrued investment income |
37,033 |
33,795 |
| Deferred acquisition costs |
248,827 |
256,386 |
| Reinsurance recoverables |
192,119 |
191,055 |
| Property and equipment |
17,671 |
17,524 |
| Other assets |
65,837 |
64,018 |
| Separate account assets |
404,621 |
393,416 |
| Total assets |
4,568,582 |
4,514,666 |
| LIABILITIES |
|
|
| Future policy benefits |
927,307 |
910,228 |
| Policyholder account balances |
2,082,347 |
2,096,212 |
| Policy and contract claims |
35,698 |
36,783 |
| Other policyholder funds |
161,859 |
160,421 |
| Other liabilities |
199,086 |
192,202 |
| Separate account liabilities |
404,621 |
393,416 |
| Total liabilities |
3,810,918 |
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 |
41,003 |
40,989 |
| Retained earnings |
836,274 |
823,408 |
| Accumulated other comprehensive income |
37,205 |
14,170 |
| Treasury stock, at cost (2014 - 7,607,541 shares; 2013 - 7,527,841 shares) |
(179,939) |
(176,284) |
| Total stockholders’ equity |
757,664 |
725,404 |
| Total liabilities and stockholders’ equity |
$ 4,568,582 |
$ 4,514,666 |