• Filing Date: 2017-02-22
  • Form Type: 10-K
  • Description: Annual report
v3.6.0.2
Comprehensive Income (Loss)
12 Months Ended
Dec. 31, 2016
Equity [Abstract]  
Comprehensive Income (Loss)

Note 5 — Comprehensive Income (Loss)

Comprehensive income (loss) includes net income and other comprehensive income or loss, which for the Company includes changes in unrealized gains or losses of investments carried at fair value and changes in the unrealized other-than-temporary impairment losses related to these investments. Reclassification adjustments for realized (gains) losses are reflected in net realized investment gains (losses) on the consolidated statements of income. The components of other comprehensive income or loss and the related tax effects allocated to each component were as follows:

 

     Year Ended December 31, 2016  
     Income Tax  
     Before      Expense      Net of  
     Tax      (Benefit)      Tax  

Unrealized gain arising during the period

   $ 7,317       $ 2,823       $ 4,494   

Other-than-temporary impairment loss

     2,482         957         1,525   

Call and repayment losses charged to investment income

     20         8         12   

Reclassification adjustment for realized gains

     (2,601      (1,004      (1,597
  

 

 

    

 

 

    

 

 

 

Total other comprehensive income

   $ 7,218       $ 2,784       $ 4,434   
  

 

 

    

 

 

    

 

 

 

 

     Year Ended December 31, 2015  
     Income Tax  
     Before      Expense      Net of  
     Tax      (Benefit)      Tax  

Unrealized loss arising during the period

   $ (9,366    $ (3,613    $ (5,753

Other-than-temporary impairment loss

     4,681         1,806         2,875   

Call and repayment losses charged to investment income

     77         29         48   

Reclassification adjustment for realized losses

     608         235         373   
  

 

 

    

 

 

    

 

 

 

Total other comprehensive loss

   $ (4,000    $ (1,543    $ (2,457
  

 

 

    

 

 

    

 

 

 

 

     Year Ended December 31, 2014  
     Income Tax  
     Before      Expense      Net of  
     Tax      (Benefit)      Tax  

Unrealized gain arising during the period

   $ 3,870       $ 1,493       $ 2,377   

Other-than-temporary impairment loss

     107         41         66   

Call and repayment losses charged to investment income

     28         11         17   

Reclassification adjustment for realized gains

     (4,735      (1,827      (2,908
  

 

 

    

 

 

    

 

 

 

Total other comprehensive loss

   $ (730    $ (282    $ (448