National Security (NSEC) 10-Q 13 Nov 15 2015 Q3 Quarterly report Financial data

Document and Entity Information

Document and Entity Information Document - shares	9 Months Ended
	Sep. 30, 2015	Nov. 13, 2015
Document and Entity Information [Abstract]
Entity Registrant Name	NATIONAL SECURITY GROUP INC
Entity Central Index Key	865,058
Current Fiscal Year End Date	--12-31
Entity Filer Category	Smaller Reporting Company
Document Type	10-Q
Document Period End Date	Sep. 30, 2015
Document Fiscal Year Focus	2,015
Document Fiscal Period Focus	Q3
Amendment Flag	false
Entity Common Stock, Shares Outstanding		2,512,425

CONDENSED CONSOLIDATED BALANCE

CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Sep. 30, 2015	Dec. 31, 2014
Investments
Fixed maturities held-to-maturity, at amortized cost (estimated fair value: 2015 - $2,660; 2014 - $3,182)	$ 2,544	$ 3,108
Fixed maturities available-for-sale, at estimated fair value (cost: 2015 - $86,770; 2014 - $84,024)	88,529	86,886
Equity securities available-for-sale, at estimated fair value (cost: 2015 - $2,420; 2014 - $2,420)	4,654	4,995
Trading securities	107	19
Mortgage loans on real estate, at cost	204	210
Investment real estate, at book value	3,291	3,735
Policy loans	1,616	1,530
Company owned life insurance	4,909	5,513
Other invested assets	3,303	3,553
Total Investments	109,157	109,549
Cash	10,644	6,426
Accrued investment income	774	797
Policy receivables and agents' balances, net	12,351	10,948
Reinsurance recoverable	1,454	939
Deferred policy acquisition costs	8,667	8,592
Property and equipment, net	1,994	2,013
Deferred income tax asset, net	3,545	3,189
Other assets	913	2,412
Total Assets	149,499	144,865
LIABILITIES AND SHAREHOLDERS' EQUITY
Property and casualty benefit and loss reserves	8,537	8,321
Accident and health benefit and loss reserves	3,151	3,017
Life and annuity benefit and loss reserves	31,686	31,418
Unearned premiums	31,880	28,853
Policy and contract claims	1,261	996
Other policyholder funds	1,545	1,510
Short-term notes payable and current portion of long-term debt	857	857
Long-term debt	17,515	18,715
Accrued income taxes	53	487
Other liabilities	8,104	7,934
Total Liabilities	$ 104,589	$ 102,108
Contingencies
Shareholders' equity
Common stock	$ 2,512	$ 2,508
Additional paid-in capital	5,341	5,267
Accumulated other comprehensive income	1,601	2,772
Retained earnings	35,456	32,210
Total Shareholders' Equity	44,910	42,757
Total Liabilities and Shareholders' Equity	$ 149,499	$ 144,865

CONDENSED CONSOLIDATED BALANCE3

CONDENSED CONSOLIDATED BALANCE SHEETS (Parenthetical) - USD ($) $ in Thousands	Sep. 30, 2015	Dec. 31, 2014
Investments
Fixed maturities held-to-maturity, at estimated fair value	$ 2,660	$ 3,182
Fixed maturities available-for-sale, at cost	86,770	84,024
Equity securities available-for-sale, at cost	$ 2,420	$ 2,420

CONDENSED CONSOLIDATED STATEMEN

CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
REVENUES
Net premiums earned	$ 15,104	$ 14,374	$ 44,690	$ 42,298
Net investment income	714	824	2,472	2,802
Net realized investment gains (losses)	130	141	517	541
Gain on company owned life insurance	0	0	0	1,621
Other income	154	158	468	404
Total Revenues	16,102	15,497	48,147	47,666
BENEFITS, LOSSES AND EXPENSES
Policyholder benefits and settlement expenses	8,170	7,172	25,867	24,191
Amortization of deferred policy acquisition costs	905	946	2,722	2,717
Commissions	2,086	2,166	6,230	6,160
General and administrative expenses	1,707	1,719	5,806	6,158
Taxes, licenses and fees	468	514	1,641	1,565
Interest expense	346	380	1,008	1,148
Total Benefits, Losses and Expenses	13,682	12,897	43,274	41,939
Income Before Income Taxes	2,420	2,600	4,873	5,727
INCOME TAX EXPENSE
Current	446	651	1,078	819
Deferred	358	152	248	178
Total income tax expense	804	803	1,326	997
Net income	$ 1,616	$ 1,797	$ 3,547	$ 4,730
INCOME PER COMMON SHARE BASIC AND DILUTED (in dollars per share)	$ 0.64	$ 0.72	$ 1.41	$ 1.89
DIVIDENDS DECLARED PER SHARE	$ 0.04	$ 0.03	$ 0.12	$ 0.09

CONDENSED CONSOLIDATED STATEME5

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Statement of Comprehensive Income [Abstract]
Net income	$ 1,616	$ 1,797	$ 3,547	$ 4,730
Other comprehensive income (loss), net of tax
Unrealized gains (losses) on securities, net of reclassification adjustment of $345 and $242 for 2015 and 2014, respectively	(78)	(375)	(953)	1,778
Unrealized gain (loss) on interest rate swap	(157)	50	(218)	(124)
Other comprehensive income (loss), net of tax	(235)	(325)	(1,171)	1,654
Comprehensive income	$ 1,381	$ 1,472	$ 2,376	$ 6,384

CONDENSED CONSOLIDATED STATEME6

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (Parenthetical) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014
Statement of Comprehensive Income [Abstract]
Reclassification adjustment	$ 345	$ 242

CONDENSED CONSOLIDATED STATEME7

CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS’ EQUITY - 9 months ended Sep. 30, 2015 - USD ($) $ in Thousands	Total	Retained Earnings [Member]	Accumulated Other Comprehensive Income [Member]	Common Stock [Member]	Additional Paid-in Capital [Member]
Balance at December 31, 2014 (AUDITED) at Dec. 31, 2014	$ 42,757	$ 32,210	$ 2,772	$ 2,508	$ 5,267
Net income for the nine months ended September 30, 2015	3,547	3,547
Other comprehensive loss (net of tax)	(1,171)		(1,171)
Cash dividends	(301)	(301)
Common stock issued	78			4	74
Balance at September 30, 2015 at Sep. 30, 2015	$ 44,910	$ 35,456	$ 1,601	$ 2,512	$ 5,341

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014
Statement of Cash Flows [Abstract]
Net income	$ 3,547	$ 4,730
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation expense and amortization/accretion, net	235	390
Decrease in cash surrender value of company owned life insurance	208	(49)
Net realized gains on investments	(517)	(541)
Deferred income taxes	248	178
Amortization of deferred policy acquisition costs	2,722	2,717
Change in accrued investment income	23	(19)
Change in reinsurance recoverable	(515)	687
Policy acquisition costs deferred	(2,797)	(2,841)
Change in accrued income taxes	(434)	572
Change in net policy liabilities and claims	2,500	3,101
Changes in other assets/liabilities, net	1,655	1,332
Other, net	7	6
Net cash provided by operating activities	6,882	10,263
Cash Flows from Investing Activities:
Held-to-maturity Securities	0	(324)
Available-for-sale securities	(23,183)	(14,145)
Trading securities and short-term investments	88	0
Property and equipment	(124)	(214)
Held-to-maturity securities	580	115
Available-for-sale securities	20,841	8,910
Real estate held for investment	444	0
Property and equipment	5	253
Other invested assets, net	327	(33)
Net cash used in investing activities	(1,198)	(5,438)
Cash Flows from Financing Activities:
Change in other policyholder funds	35	38
Proceeds from long-term debt	0	(350)
Repayments of long-term debt	(500)	0
Change in short-term notes payable	(700)	(700)
Dividends paid	(301)	(225)
Net cash used in financing activities	(1,466)	(1,237)
Net change in cash and cash equivalents	4,218	3,588
Cash and cash equivalents, beginning of year	6,426	4,987
Cash and cash equivalents, end of period	$ 10,644	$ 8,575

Significant Accounting Policies

Significant Accounting Policies	9 Months Ended
	Sep. 30, 2015
Accounting Policies [Abstract]
Significant Accounting Policies	SIGNIFICANT ACCOUNTING POLICIES Principles of Consolidation and Basis of Presentation The accompanying condensed consolidated financial statements include the accounts of The National Security Group, Inc. (the Company) and its wholly-owned subsidiaries: National Security Insurance Company (NSIC), National Security Fire and Casualty Company (NSFC) and NATSCO, Inc. (NATSCO). NSFC includes a wholly-owned subsidiary, Omega One Insurance Company (Omega). The accompanying condensed consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (GAAP). In the opinion of management, all adjustments, consisting of normal and recurring items, necessary for the fair presentation of the condensed consolidated financial statements have been included. All significant intercompany transactions and accounts have been eliminated. The financial information presented herein should be read in conjunction with the Company’s Annual Report on Form 10-K for the year ended December 31, 2014, which includes information and disclosures not presented herein. Use of Estimates The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the condensed consolidated financial statements and the reported amounts of revenues and expenses during the reporting period. Among the more significant estimates included in these condensed consolidated financial statements are reserves for future life insurance policy benefits, liabilities for losses and loss adjustment expenses, reinsurance recoverable associated with loss and loss adjustment expense liabilities, deferred policy acquisition costs, deferred income tax assets and liabilities, assessments of other-than-temporary impairments on investments and accruals for contingencies. Actual results could differ from these estimates. Earnings Per Share Earnings per share of common stock is based on the weighted average number of shares outstanding during each year. The adjusted weighted average shares outstanding were 2,509,857 in 2015 and 2,499,706 in 2014 . Reclassifications Certain 2014 amounts have been reclassified from the prior year consolidated financial statements to conform to the 2015 presentation. Concentration of Credit Risk The Company maintains cash balances which are generally held in non-interest bearing demand deposit accounts subject to FDIC insured limits of $250,000 per entity. At September 30, 2015 , the net amount exceeding FDIC insured limits was $ 4,746,000 at one financial institution. The Company has not experienced any losses in such accounts. Management of the Company reviews financial information of financial institutions on a quarterly basis and believes the Company is not exposed to any significant credit risk on cash and cash equivalents. Policy receivables are reported at unpaid balances. Policy receivables are generally offset by associated unearned premium liabilities and are not subject to significant credit risk. Receivables from agents, less provision for credit losses, are composed of balances due from independent agents. At September 30, 2015 , the single largest balance due from one agent totaled $912,000 . Reinsurance contracts do not relieve the Company of its obligations to policyholders. A failure of a reinsurer to meet their obligation could result in losses to the insurance subsidiaries. Allowances for losses are established if amounts are believed to be uncollectible. At September 30, 2015 and December 31, 2014 , no amounts were deemed uncollectible. The Company, at least annually, evaluates the financial condition of all reinsurers and evaluates any potential concentrations of credit risk. At September 30, 2015 , management does not believe the Company is exposed to any significant credit risk related to its reinsurance program. Accounting Changes Not Yet Adopted Revenue from Contracts with Customers In May 2014, the Financial Accounting Standards Board (FASB) issued guidance on a comprehensive new revenue recognition standard. This standard will not impact accounting for insurance contracts, leases, financial instruments and guarantees. For those contracts that are impacted by the new guidance, the guidance will require an entity to recognize revenue upon the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled to, in exchange for those goods or services. The guidance requires additional disclosure about the nature, amount, timing and uncertainty of revenue and cash flows arising from customer contracts, including significant judgments and changes in judgments and assets recognized from costs incurred to obtain or fulfill a contract. In August 2015, the FASB issued a deferral of the effective date by one year. This guidance is effective retrospectively for fiscal years beginning after December 15, 2017 and interim periods within those years. Early adoption of this standard is permitted only as of annual reporting periods beginning after December 15, 2016, including interim reporting periods within that reporting period. Although insurance contracts are specifically scoped out of this new guidance, the Company has minor services that may be subject to the new revenue recognition guidance and are still in the process of evaluating the impact, if any, the guidance may have on its consolidated financial statements. Presentation of Financial Statements - Going Concern In August 2014, the FASB issued guidance on determining when and how to disclose going concern uncertainties in the financial statements, and requires management to perform interim and annual assessments of an entity’s ability to continue as a going concern within one year of the date the financial statements are issued. The updated guidance is effective for annual periods ending after December 15, 2016 and interim periods thereafter. Early adoption is permitted. The Company does not expect the adoption to have a material impact on its financial position or results of operations. Simplifying Income Statement Presentation by Eliminating the Concept of Extraordinary Items In January 2015, the FASB issued guidance that eliminates from GAAP the concept of extraordinary items. The guidance is effective for fiscal periods ending after December 15, 2015 and interim periods thereafter. Early adoption is permitted. The Company does not expect the adoption to have a material impact on its financial position or results of operations. Amendments to the Consolidation Analysis In February 2015, the FASB issued additional guidance regarding the consolidation of certain legal entities. The guidance modifies the evaluation of whether or not limited partnerships and similar legal entities are variable interest entities (VIEs) and the consolidation analysis of entities involved with VIEs, particularly those that have fee arrangements and related party relationships. This guidance is effective for fiscal years beginning after December 15, 2015. The Company does not expect the adoption to have a material impact on its financial position or results of operations. Disclosure about Short-Duration Contracts In May 2015, the FASB issued guidance that enhances disclosure about short-duration insurance liabilities to help users understand the nature, amount, timing and uncertainty of future cash flows related to insurance liabilities and the effect of those cash flows on the statement of comprehensive income. This guidance is effective for annual periods beginning after December 15, 2015 and for interim periods within annual periods beginning after December 15, 2016. The Company does not expect the adoption to have a material impact on its financial position or results of operations. Simplifying the Accounting for Measurement-Period Adjustments In September 2015, the FASB issued guidance that requires an acquirer to recognize adjustments to provisional amounts that are identified during the measurement period in the reporting period in which the adjustment amounts are determined. The acquirer must record, in the same period's financial statements, the effect on earnings of changes in depreciation, amortization, or other income effects, if any, as a result of the change to the provisional amounts, calculated as if the accounting had been completed at the acquisition date. The guidance requires an entity to present on the face of the income statement or to disclose in the notes the portion of the amount recorded in current-period earnings by line item that would have been recorded in previous reporting periods if the adjustment to the provisional amounts had been recognized as of the acquisition date. This guidance is effective for fiscal years beginning after December 15, 2015 and interim periods within those fiscal years. The Company does not expect the adoption to have a material impact on its financial position or results of operations. Recently Adopted Accounting Standards Repurchase-to-Maturity Transactions, Repurchase Financings, and Disclosures In June 2014, the FASB issued guidance requiring secured borrowing accounting treatment for repurchase-to-maturity transactions and provides guidance on accounting for repurchase financing arrangements. This ASU is effective for interim and annual reporting periods beginning after December 15, 2014. The Company adopted this standard on January 1, 2015. The Company is the counter party to repurchase agreements and as such, the adoption did not have a material impact on its financial position or results of operations. Reporting Discontinued Operations and Disclosure of Disposals of Components of an Entity In April 2014, the FASB issued guidance which modifies the definition of discontinued operations by limiting discontinued operations reporting to disposals of components of an entity that represent strategic shifts that have (or will have) a major effect on an entity’s operations and financial results. Also, this update requires additional financial statement disclosures about discontinued operations, as well as disposals of an individually significant component of an entity that do not qualify for discontinued operations presentation. This ASC update is effective for all disposals (or classifications as held for sale) of components of an entity that occur within annual and interim periods beginning on or after December 15, 2014 and for all businesses that, on acquisition, are classified as held for sale that also occur within interim and annual periods beginning on or after December 15, 2014. The Company adopted this standard on January 1, 2015. The Company has no discontinued operations, and the adoption of this standard did not have a material impact on its financial position or results of operations.

Variable Interest Entities

Variable Interest Entities	9 Months Ended
	Sep. 30, 2015
Variable Interest Entities [Abstract]
Variable Interest Entities	VARIABLE INTEREST ENTITIES The Company holds a passive interest in a limited partnership that is considered to be a Variable Interest Entity (VIE) under the provisions of ASC 810 Consolidation . The Company is not the primary beneficiary of the entity and is not required to consolidate under ASC 810. The entity is a private placement investment fund formed for the purpose of investing in private equity investments. The Company owns less than 1% of the limited partnership. The carrying value of the investment totals $228,000 and is included as a component of Other Invested Assets in the accompanying condensed consolidated balance sheets. In December 2005, the Company formed National Security Capital Trust I, a statutory trust created under the Delaware Statutory Trust Act, for the sole purpose of issuing, in private placement transactions, $9,000,000 of trust preferred securities (TPS) and using the proceeds thereof, together with the equity proceeds received from the Company in the initial formation of the Trust, to purchase $9,279,000 of variable rate subordinated debentures issued by the Company. The Company owns all voting securities of the Trust and the subordinated debentures are the sole assets of the Trust. The Trust will meet the obligations of the TPS with the interest and principal paid on the subordinated debentures. The Company received net proceeds from the TPS transactions, after commissions and other costs of issuance, of $9,005,000 . The Company also holds all the voting securities issued by the Trust and such trusts are considered to be VIE's. The Trust is not consolidated because the Company is not the primary beneficiary of the trust. The Subordinated Debentures, disclosed in Note 8, are reported in the accompanying condensed consolidated balance sheets as a component of long-term debt. The Company's equity investments in the Trust total $279,000 and are included in Other Assets in the accompanying condensed consolidated balance sheets. In June 2007, the Company formed National Security Capital Trust II for the sole purpose of issuing, in private placement transactions, $3,000,000 of trust preferred securities (TPS) and using the proceeds thereof, together with the equity proceeds received from the Company in the initial formation of the Trust, to purchase $3,093,000 unsecured junior subordinated deferrable interest debentures. The Company owns all voting securities of the Trust and the subordinated debentures are the sole assets of the Trust. The Trust will meet the obligations of the TPS with the interest and principal paid on the subordinated debentures. The Company received net proceeds from the TPS transactions, after commissions and other costs of issuance, of $2,995,000 . The Company also holds all the voting securities issued by the Trust and such trusts are considered to be VIE's. The Trust is not consolidated because the Company is not the primary beneficiary of the Trust. The Subordinated Debentures, disclosed in Note 7, are reported in the accompanying condensed consolidated balance sheets as a component of long-term debt. The Company's equity investments in the Trust total $93,000 and are included in Other Assets in the accompanying condensed consolidated balance sheets.

Investments

Investments	9 Months Ended
	Sep. 30, 2015
Investments [Abstract]
Investments	INVESTMENTS The amortized cost and aggregate fair values of investments in available-for-sale securities as of September 30, 2015 are as follows ( dollars in thousands ): Available-for-sale securities: Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Fair Value Corporate debt securities $ 35,201 $ 1,052 $ 845 $ 35,408 Mortgage backed securities 14,669 279 62 14,886 Private label mortgage backed securities 6,162 36 113 6,085 Obligations of states and political subdivisions 14,916 888 24 15,780 U.S. Treasury securities and obligations of U.S. Government corporations and agencies 15,822 570 22 16,370 Total fixed maturities 86,770 2,825 1,066 88,529 Equity securities 2,420 2,368 134 4,654 Total $ 89,190 $ 5,193 $ 1,200 $ 93,183 The amortized cost and aggregate fair values of investments in held-to-maturity securities as of September 30, 2015 are as follows ( dollars in thousands ): Held-to-maturity securities: Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Fair Value Mortgage backed securities $ 2,495 $ 113 $ — $ 2,608 U.S. Treasury securities and obligations of U.S. Government corporations and agencies 49 3 — 52 Total $ 2,544 $ 116 $ — $ 2,660 The amortized cost and aggregate fair values of investments in available-for-sale securities as of December 31, 2014 are as follows ( dollars in thousands ): Available-for-sale securities: Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Fair Value Corporate debt securities $ 37,299 $ 1,773 $ 405 $ 38,667 Mortgage backed securities 12,691 214 153 12,752 Private label mortgage backed securities 1,261 38 3 1,296 Obligations of states and political subdivisions 14,919 993 13 15,899 U.S. Treasury securities and obligations of U.S. Government corporations and agencies 17,854 525 107 18,272 Total fixed maturities 84,024 3,543 681 86,886 Equity securities 2,420 2,745 170 4,995 Total $ 86,444 $ 6,288 $ 851 $ 91,881 The amortized cost and aggregate fair values of investments in held-to-maturity securities as of December 31, 2014 are as follows ( dollars in thousands ): Held-to-maturity securities: Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Fair Value Mortgage backed securities $ 2,818 $ 69 $ — $ 2,887 U.S. Treasury securities and obligations of U.S. Government corporations and agencies 290 5 — 295 Total $ 3,108 $ 74 $ — $ 3,182 The amortized cost and aggregate fair value of debt securities at September 30, 2015 , by contractual maturity, are presented in the following table ( dollars in thousands ). Expected maturities will differ from contractual maturities because borrowers may have the right to call or prepay obligations with or without call or prepayment penalties. (Dollars in Thousands) Amortized Cost Fair Value Available-for-sale securities: Due in one year or less $ 237 $ 262 Due after one year through five years 12,634 13,087 Due after five years through ten years 30,542 30,572 Due after ten years 43,357 44,608 Total $ 86,770 $ 88,529 Held-to-maturity securities: Due in one year or less $ — $ — Due after one year through five years 97 101 Due after five years through ten years 113 122 Due after ten years 2,334 2,437 Total $ 2,544 $ 2,660 A summary of securities available-for-sale with unrealized losses as of September 30, 2015 , along with the related fair value, aggregated by the length of time that investments have been in a continuous unrealized loss position, is as follows ( dollars in thousands ): Less than 12 months 12 months or longer Total September 30, 2015 Fair Value Gross Unrealized Losses Fair Value Gross Unrealized Losses Fair Value Gross Unrealized Losses Total Securities in a Loss Position Fixed maturities Corporate debt securities $ 10,806 $ 403 $ 3,336 $ 442 $ 14,142 $ 845 28 Mortgage backed securities 2,087 18 725 44 2,812 62 6 Private label mortgage backed securities 4,456 111 93 2 4,549 113 7 Obligations of state and political subdivisions 1,459 19 337 5 1,796 24 4 U.S. Treasury securities and obligations of U.S. Government corporations and agencies 2,102 9 1,484 13 3,586 22 6 Equity securities — — 1,152 134 1,152 134 1 $ 20,910 $ 560 $ 7,127 $ 640 $ 28,037 $ 1,200 52 There were no securities held-to-maturity with unrealized losses as of September 30, 2015 . A summary of securities available-for-sale with unrealized losses as of December 31, 2014 , along with the related fair value, aggregated by the length of time that investments have been in a continuous unrealized loss position, is as follows ( dollars in thousands ): Less than 12 months 12 months or longer Total December 31, 2014 Fair Value Gross Unrealized Losses Fair Value Gross Unrealized Losses Fair Value Gross Unrealized Losses Total Securities in a Loss Position Fixed maturities Corporate debt securities $ 6,306 $ 364 $ 1,843 $ 41 $ 8,149 $ 405 18 Mortgage backed securities 1,386 4 1,855 149 3,241 153 12 Private label mortgage backed securities — — 97 3 97 3 1 Obligations of state and political subdivisions — — 651 13 651 13 2 U.S. Treasury securities and obligations of U.S. Government corporations and agencies 1,475 6 3,499 101 4,974 107 10 Equity securities — — 1,116 170 1,116 170 1 $ 9,167 $ 374 $ 9,061 $ 477 $ 18,228 $ 851 44 There were no securities held-to-maturity with unrealized losses as of December 31, 2014 . The Company conducts periodic reviews to identify and evaluate securities in an unrealized loss position in order to identify other-than-temporary impairments. For securities in an unrealized loss position, the Company assesses whether the Company has the intent to sell the security or more-likely-than-not will be required to sell the security before the anticipated recovery. If either of these conditions is met, the Company is required to recognize an other-than-temporary impairment with the entire unrealized loss reported in earnings. For securities in an unrealized loss position that do not meet these conditions, the Company assesses whether the impairment of a security is other-than-temporary. If the impairment is determined to be other-than-temporary, the Company is required to separate the other-than-temporary impairments into two components: the amount representing the credit loss and the amount related to all other factors. The credit loss is the portion of the amortized book value in excess of the net present value of the projected future cash flows discounted at the effective interest rate implicit in the debt security prior to impairment. The credit loss component of other-than-temporary impairments is reported in earnings, whereas the amount relating to factors other than credit losses are recorded in other comprehensive income, net of taxes. Management has evaluated each security in a significant unrealized loss position. The Company has no material exposure to sub-prime mortgage loans and less than 3.96% of the fixed income investment portfolio is rated below investment grade. In evaluating whether or not the equity loss positions were other-than-temporary impairments, Management evaluated financial information on each company and where available, reviewed analyst reports from at least two independent sources. Based on a review of the available financial information, the prospect for future earnings of each company and consideration of the Company’s intent and ability to hold the securities until market values recovered, it was determined that the securities in an accumulated loss position in the portfolio were temporary impairments. For the nine months ended September 30, 2015 and year ended December 31, 2014, the Company realized no other-than-temporary impairments. Major categories of investment income are summarized as follows (dollars in thousands): Three months ended September 30, Nine months ended September 30, 2015 2014 2015 2014 Fixed maturities $ 829 $ 855 $ 2,591 $ 2,571 Equity securities 30 29 90 87 Mortgage loans on real estate 3 5 11 12 Investment real estate 3 1 7 4 Policy loans 30 29 89 84 Company owned life insurance change in surrender value (156 ) (89 ) (208 ) 49 Other 41 56 116 184 780 886 2,696 2,991 Less: Investment expenses 66 62 224 189 Net investment income $ 714 $ 824 $ 2,472 $ 2,802 Major categories of investment gains and losses are summarized as follows (dollars in thousands): Three months ended September 30, Nine months ended September 30, 2015 2014 2015 2014 Fixed maturities $ 130 $ 117 $ 522 $ 366 Other, principally real estate — 24 (5 ) 175 Net realized investment gains $ 130 $ 141 $ 517 $ 541 An analysis of the net change in unrealized appreciation on available-for-sale securities follows (dollars in thousands): September 30, 2015 December 31, 2014 Net change in unrealized appreciation on available-for-sale securities before deferred tax $ (1,444 ) $ 3,123 Deferred income tax 491 (1,062 ) Net change in unrealized appreciation on available-for-sale securities $ (953 ) $ 2,061

Fair Value of Financial Assets

Fair Value of Financial Assets and Financial Liabilities	9 Months Ended
	Sep. 30, 2015
Fair Value Disclosures [Abstract]
Fair Value of Financial Assets and Financial Liabilities	FAIR VALUE OF FINANCIAL ASSETS AND FINANCIAL LIABILITIES Our available-for-sale securities consists of fixed maturity and equity securities which are recorded at fair value in the accompanying condensed consolidated balance sheets. The change in the fair value of these investments, unless deemed to be other-than-temporarily impaired, is recorded as a component of other comprehensive income. We are permitted to elect to measure financial instruments and certain other items at fair value, with the change in fair value recorded in earnings. We elected not to measure any eligible items using the fair value option. Accounting standards define fair value as the price that would be received to sell an asset or would be paid to transfer a liability in an orderly transaction between market participants at the measurement date, and establishes a framework to make the measurement of fair value more consistent and comparable. In determining fair value, we primarily use prices and other relevant information generated by market transactions involving identical or comparable assets. The Company categorizes assets and liabilities carried at their fair value based upon a fair value hierarchy: Level 1 – Quoted prices in active markets for identical assets or liabilities that the Company has the ability to access at the measurement date. Level 1 assets and liabilities consist of money market fund deposits and certain of our marketable debt and equity instruments, including equity instruments offsetting deferred compensation, that are traded in an active market with sufficient volume and frequency of transactions. Level 2 - Observable inputs other than Level 1 prices such as quoted prices for similar assets or liabilities; quoted prices in markets with insufficient volume or infrequent transactions (less active markets); or model-derived valuations in which all significant inputs are observable or can be derived principally from or corroborated by observable market data for substantially the full term of the assets or liabilities. Level 2 assets include certain of our marketable debt and equity instruments with quoted market prices that are traded in less active markets or priced using a quoted market price for similar instruments. Level 2 assets also include marketable equity instruments with security-specific restrictions that would transfer to the buyer, marketable debt instruments priced using indicator prices which represent non-binding market consensus prices that can be corroborated by observable market quotes, as well as derivative contracts and debt instruments priced using inputs that are observable in the market or can be derived principally from or corroborated by observable market data. Marketable debt instruments in this category generally include commercial paper, bank time deposits, repurchase agreements for fixed-income instruments, and a majority of floating-rate notes, corporate bonds, and municipal bonds. Level 3 - Unobservable inputs to the valuation methodology that are significant to the measurement of fair value of assets or liabilities. Level 3 assets and liabilities include marketable debt instruments, non-marketable equity investments, derivative contracts, and company issued debt whose values are determined using inputs that are both unobservable and significant to the values of the instruments being measured. Level 3 assets also include marketable debt instruments that are priced using indicator prices that we were unable to corroborate with observable market quotes. Marketable debt instruments in this category generally include asset-backed securities and certain floating-rate notes, corporate bonds, and municipal bonds. Assets/Liabilities Measured at Fair Value on a Recurring Basis Financial assets and liabilities measured at fair value on a recurring basis as of September 30, 2015 are summarized in the following table by the type of inputs applicable to the fair value measurements (in thousands): Fair Value Measurements at Reporting Date Using Description Total Level 1 Level 2 Level 3 Financial Assets Fixed maturities available-for-sale Corporate debt securities $ 35,408 $ — $ 35,408 $ — Mortgage backed securities 14,886 — 14,886 — Private label mortgage backed securities 6,085 — 6,085 — Obligations of states and political subdivisions 15,780 — 15,780 — U.S. Treasury securities and obligations of U.S. Government corporations and agencies 16,370 16,370 — — Trading securities 107 107 — — Equity securities available-for-sale 4,654 3,502 — 1,152 Total Financial Assets $ 93,290 $ 19,979 $ 72,159 $ 1,152 Financial Liabilities Interest rate swap $ (1,569 ) $ — $ — $ (1,569 ) Total Financial Liabilities $ (1,569 ) $ — $ — $ (1,569 ) The methods and assumptions the Company uses to estimate the fair value of assets and liabilities measured at fair value on a recurring basis are summarized below. Fixed maturities available-for-sale — The fair values of the Company’s public fixed maturity securities are generally based on prices obtained from independent pricing services. Consistent with the fair value hierarchy described above, securities with validated quotes from pricing services are generally reflected within Level 2, as they are primarily based on observable pricing for similar assets and/or other market observable inputs. Trading securities — Trading securities consist primarily of mutual funds whose fair values are determined consistent with similar instruments described above under “Fixed Maturities” and below under “Equity Securities.” Equity securities — Equity securities consist principally of investments in common and preferred stock of publicly traded companies and privately traded securities. The fair values of our publicly traded equity securities are based on quoted market prices in active markets for identical assets and are classified within Level 1 in the fair value hierarchy. Estimated fair values for our privately traded equity securities require a substantial level of judgment. Privately traded equity securities are classified within Level 3. Interest rate swaps — Interest rate swaps are recorded at fair value either as assets, within other assets or as liabilities, within other liabilities. The fair values of our interest rate swaps are provided by a third-party broker and are classified within Level 3. As of September 30, 2015 , Level 3 fair value measurements of assets include $1,152,000 of equity securities in a local community bank whose value is based on an evaluation of the financial statements of the entity. The Company does not develop the unobservable inputs used in measuring fair value. As of September 30, 2015 , Level 3 fair value measurements of liabilities include $1,569,000 net fair value of various interest rate swap agreements whose value is based on analysis provided by a third party broker who utilizes financial modeling tools and assumptions on interest and other factors. The Company does not develop the unobservable inputs used in measuring fair value. Additional information regarding the interest rate swap agreements is provided in Note 7. The table below presents a reconciliation for all assets measured at fair value on a recurring basis using significant unobservable inputs (Level 3) for the nine months ended September 30, 2015 (in thousands): For the nine months ended September 30, 2015 Equity Securities Available-for-Sale Interest Rate Swap Beginning balance $ 1,116 $ (1,238 ) Total gains or losses (realized and unrealized): Included in earnings — — Included in other comprehensive income 36 (331 ) Purchases: — — Sales: — — Issuances: — — Settlements: — — Transfers in/(out) of Level 3 — — Ending balance $ 1,152 $ (1,569 ) The amount of total gains or losses for the period included in earnings attributable to the change in unrealized gains or losses relating to assets and liabilities still held as of September 30, 2015: $ — $ — For the nine months ended September 30, 2015 , there were no assets or liabilities measured at fair values on a nonrecurring basis. Financial assets and liabilities measured at fair value on a recurring basis as of December 31, 2014 are summarized in the following table by the type of inputs applicable to the fair value measurements (in thousands): Fair Value Measurements at Reporting Date Using Description Total Level 1 Level 2 Level 3 Financial Assets Fixed maturities available-for-sale Corporate debt securities $ 38,667 $ — $ 38,667 $ — Mortgage backed securities 12,752 — 12,752 — Private label mortgage backed securities 1,296 — 1,296 — Obligations of states and political subdivisions 15,899 — 15,899 — U.S. Treasury securities and obligations of U.S. Government corporations and agencies 18,272 18,272 — — Trading securities 19 19 — — Equity securities available-for-sale 4,995 3,879 — 1,116 Total Financial Assets $ 91,900 $ 22,170 $ 68,614 $ 1,116 Financial Liabilities Interest rate swap $ (1,238 ) $ — $ — $ (1,238 ) Total Financial Liabilities $ (1,238 ) $ — $ — $ (1,238 ) The table below presents a reconciliation for all assets measured at fair value on a recurring basis using significant unobservable inputs (Level 3) for the year ended December 31, 2014 (in thousands): For the year ended December 31, 2014 Equity Securities Available-for-Sale Interest Rate Swap Beginning balance $ 875 $ (897 ) Total gains or losses (realized and unrealized): Included in earnings — — Included in other comprehensive income 241 (341 ) Purchases: — — Sales: — — Issuances: — — Settlements: — — Transfers in/(out) of Level 3 — — Ending balance $ 1,116 $ (1,238 ) The amount of total gains or losses for the period included in earnings attributable to the change in unrealized gains or losses relating to assets and liabilities still held as of December 31, 2014: $ — $ — For the year ended December 31, 2014 , there were no assets or liabilities measured at fair values on a nonrecurring basis. The Company is exposed to certain risks in the normal course of its business operations. The primary risk that is managed through the use of derivatives is interest rate risk on floating rate borrowings. This risk is managed through the use of interest rate swap agreements which are designated as cash flow hedges. For cash flow hedges, the effective portion of the gain or loss on the interest rate swap is included as a component of other comprehensive income and reclassified into earnings in the same period during which the hedged transaction is recognized in earnings. The Company does not hold or issue derivatives that are not designated as hedging instruments. See Note 7 for additional information about the interest rate swap agreements. The following methods and assumptions were used to estimate fair value of each class of financial instrument for which it is practical to estimate that value: Cash and cash equivalents — the carrying amount is a reasonable estimate of fair value. Fixed maturities held-to-maturity — the carrying amount is amortized cost; the fair values of the Company’s public fixed maturity securities that are classified as held-to-maturity are generally based on prices obtained from independent pricing services. Mortgage loans — the carrying amount is a reasonable estimate of fair value due to the restrictive nature and limited marketability of the mortgage notes. Policy loans — the carrying amount is a reasonable estimate of fair value. Company owned life insurance — the carrying amount is a reasonable estimate of fair value. Other invested assets — the carrying amount is a reasonable estimate of fair value. Other policyholder funds — the carrying amount is a reasonable estimate of fair value. Debt — the carrying amount is a reasonable estimate of fair value. The carrying amount and estimated fair value of the Company’s financial instruments as of September 30, 2015 and December 31, 2014 are as follows (in thousands): September 30, 2015 December 31, 2014 Carrying Value Estimated Fair Value Carrying Value Estimated Fair Value Assets and related instruments Held-to-maturity securities $ 2,554 $ 2,660 $ 3,108 $ 3,182 Mortgage loans 204 204 210 210 Policy loans 1,616 1,616 1,530 1,530 Company owned life insurance 4,909 4,909 5,513 5,513 Other invested assets 3,303 3,303 3,553 3,553 Liabilities and related instruments Other policyholder funds 1,545 1,545 1,510 1,510 Short-term notes payable and current portion of long-term debt 857 857 857 857 Long-term debt 17,515 17,515 18,715 18,715

Property and Equipment

Property and Equipment	9 Months Ended
	Sep. 30, 2015
Property, Plant and Equipment [Abstract]
Property and Equipment	PROPERTY AND EQUIPMENT Major categories of property and equipment are summarized as follows (dollars in thousands): September 30, 2015 December 31, 2014 Building and improvements $ 3,348 $ 3,367 Electronic data processing equipment 1,641 1,570 Furniture and fixtures 657 606 5,646 5,543 Less accumulated depreciation 3,652 3,530 Property and equipment, net $ 1,994 $ 2,013 Depreciation expense for the nine months ended September 30, 2015 was $134,000 ( $306,000 for the year ended December 31, 2014).

Income Taxes

Income Taxes	9 Months Ended
	Sep. 30, 2015
Income Tax Disclosure [Abstract]
Income Taxes	INCOME TAXES The Company recognizes tax-related interest and penalties as a component of tax expense. The Company files income tax returns in the U.S. federal jurisdiction and various states. The Company is not subject to examinations by authorities related to its U.S. federal or state income tax filings for years prior to 2010. Tax returns have been filed through the year 2014. Net deferred tax liabilities are determined based on the estimated future tax effects of differences between the financial statement and tax basis of assets and liabilities given the provisions of the enacted tax laws. Management believes that, based on its historical pattern of taxable income, the Company will produce sufficient income in the future to realize its deferred tax assets. The Company recognized net deferred tax asset positions of $3,545,000 at September 30, 2015 and $3,189,000 at December 31, 2014 . The tax effect of significant differences representing deferred tax assets and liabilities are as follows (dollars in thousands): As of September 30, 2015 As of December 31, 2014 General expenses $ 1,428 $ 1,371 Unearned premiums 2,167 1,961 Claims liabilities 839 849 Litigation settlement 2,040 2,040 AMT credit 755 1,240 Impairment on real estate owned 187 187 Unrealized loss on interest rate swaps 534 421 Deferred tax assets 7,950 8,069 Depreciation (101 ) (111 ) Deferred policy acquisition costs (2,947 ) (2,921 ) Unrealized gains on securities available-for-sale (1,357 ) (1,848 ) Deferred tax liabilities (4,405 ) (4,880 ) Net deferred tax asset $ 3,545 $ 3,189 The appropriate income tax effects of changes in temporary differences are as follows (dollars in thousands): Nine months ended September 30, 2015 2014 Deferred policy acquisition costs $ 26 $ 42 Unearned premiums (206 ) (257 ) General expenses (57 ) (23 ) Depreciation (10 ) (14 ) Claims liabilities 10 (275 ) AMT credit 485 (144 ) NOL carryforward — 849 Deferred income tax expense $ 248 $ 178 Total income tax expense (benefit) varies from amounts computed by applying current federal income tax rates to income or loss before income taxes. The reasons for these differences and the approximate tax effects are as follows: Nine months ended September 30, 2015 2014 Federal income tax rate applied to pre-tax income/loss 34.0 % 34.0 % Dividends received deduction and tax-exempt interest (1.6 )% (1.5 )% Company owned life insurance 1.5 % (9.9 )% Small life deduction (4.3 )% (6.6 )% Other, net (2.4 )% 1.4 % Effective federal income tax rate 27.2 % 17.4 %

Notes Payable and Long-Term Deb

Notes Payable and Long-Term Debt	9 Months Ended
	Sep. 30, 2015
Debt Disclosure [Abstract]
Notes Payable and Long-Term Debt	NOTES PAYABLE AND LONG-TERM DEBT Short-term debt and current portion of long-term debt consisted of the following as of September 30, 2015 and December 31, 2014 ( dollars in thousands) : September 30, December 31, 2015 2014 Line of credit, $700,000 available, with variable interest rate equal to the Wall Street Journal (WSJ) prime rate, subject to a 5.0% floor; maturity February 2016. Interest payments due quarterly. Unsecured. $ — $ — Current portion of installment note payable due November 2015 with variable interest rate equal to the WSJ prime rate plus 1%. Unsecured. 857 857 $ 857 $ 857 Long-term debt consisted of the following as of September 30, 2015 and December 31, 2014 ( dollars in thousands ): September 30, December 31, 2015 2014 Line of credit, $1,000,000 available, with variable interest rate equal to the WSJ prime rate, subject to a 5.0% floor; maturity February 2016. Interest payments due quarterly. Unsecured. $ — $ 700 Line of credit with variable interest rate equal to the WSJ prime rate, subject to a 4.5% floor; maturity September 2017. Interest payments due monthly. Secured. — 500 Long term portion of installment note with variable interest rate equal to the WSJ prime rate plus 1% and adjustable each November; maturity November 2021. Interest payable annually with principal payable in equal annual installments. Next principal installment on long term portion due November 2015. Unsecured. 5,143 5,143 Subordinated debentures issued on December 15, 2005 with fixed interest rate of 8.83% each distribution period thereafter until December 15, 2015 when the coupon rate shall equal the 3-Month LIBOR plus 3.75% applied to the outstanding principal; maturity December 2035. Interest payments due quarterly. All may be redeemed at any time following the tenth anniversary of issuance. Unsecured. 9,279 9,279 Subordinated debentures issued on June 21, 2007 with a floating interest rate equal to the 3-Month LIBOR plus 3.40% applied to the outstanding principal; maturity June 15, 2037. Interest payments due quarterly. All may be redeemed at any time following the fifth anniversary of issuance. Unsecured. 3,093 3,093 $ 17,515 $ 18,715 The Company has entered into various swap agreements related to the trust preferred securities. On March 19, 2009, the Company entered into a forward swap effective September 17, 2012, with a notional amount of $3,000,000 and designated the swap as a hedge against changes in cash flows attributable to changes in the benchmark interest rate (LIBOR) associated with the subordinated debentures issued June 21, 2007. Quarterly, commencing September 17, 2012, under the terms of the forward swap, the Company will pay interest at a fixed rate of 7.02% until March 15, 2019. On May 26, 2010, the Company entered into a forward swap with a notional amount of $9,000,000 effective December 15, 2015, which will hedge against changes in cash flows following the termination of the fixed rate period. Quarterly, commencing March 16, 2016 under the terms of the forward swap, the Company will pay interest at a fixed rate of 8.49% until March 15, 2020. The swaps entered into in 2009 and 2010 have fair values of $268,000 (liability) and $1,301,000 (liability), respectively, for a total liability of $1,569,000 at September 30, 2015 ( $1,238,000 at December 31, 2014 ). The swap liability is reported as a component of other liabilities on the condensed consolidated balance sheets. A net valuation loss of $218,000 (net of tax) is included in accumulated other comprehensive income related to the swap agreements at September 30, 2015 . A net valuation loss of $225,000 (net of tax) was included in accumulated other comprehensive income related to the swap at December 31, 2014 . We use dollar offset at the hedge's inception and for each reporting period thereafter to assess whether the derivative used in a hedging transaction is expected to be, and has been, effective in offsetting changes in the fair value of the hedged item. Since inception, no portion of the hedged item has been deemed ineffective. For all hedges, we discontinue hedge accounting if it is determined that a derivative is not expected to be, or has ceased to be, effective as a hedge. The Company’s interest rate swaps include provisions requiring the Company to post collateral when the derivative is in a net liability position. At September 30, 2015 , the Company has securities on deposit with fair market values of $1,500,000 (all of which is posted as collateral). At December 31, 2014 , the Company had securities on deposit with fair market values of $1,494,000 (all of which is posted as collateral). See Note 4 for additional information about the interest rate swaps.

Reinsurance

Reinsurance	9 Months Ended
	Sep. 30, 2015
Reinsurance Disclosures [Abstract]
Reinsurance	REINSURANCE The Company's insurance operations utilize reinsurance in order to limit losses, minimize exposure to large risks, provide additional capacity for future growth and effect business-sharing arrangements. Life reinsurance is accomplished through yearly renewable term coverage. Property and casualty reinsurance is placed on an excess of loss basis to cover losses from catastrophe events. Reinsurance ceded arrangements do not discharge the insurance subsidiaries as the primary insurer, except for cases involving a novation. Failure of re-insurers to honor their obligations could result in losses to the insurance subsidiaries. The insurance subsidiaries evaluate the financial conditions of their reinsurance companies and monitor concentrations of credit risk arising from similar geographic regions, activities, or economic characteristics of the companies to minimize their exposure to significant losses from reinsurance insolvencies. In the normal course of business, NSFC seeks to reduce the loss that may arise from catastrophes or other individually significant large loss events that cause unfavorable underwriting results by re-insuring certain levels of risk in various areas of exposure with reinsurance companies. NSFC maintains a catastrophe reinsurance agreement to cover losses from catastrophic events, primarily hurricanes. Under the catastrophe reinsurance program, the Company retains the first $4,000,000 in losses from each catastrophe event. Catastrophe reinsurance coverage is maintained in three layers as follows: Layer Reinsurers' Limits of Liability First Layer 100% of $13,500,000 in excess of $4,000,000 Second Layer 100% of $25,000,000 in excess of $17,500,000 Third Layer 100% of $30,000,000 in excess of $42,500,000 Each reinsurance layer covers events occurring from January 1 through December 31 of the contract year. All significant reinsurance companies under the program carry A.M. Best ratings of A- (Excellent) or higher, or equivalent ratings. The Company's catastrophe reinsurance contract allows for one reinstatement. The Company maintains reinstatement premium protection (RPP) to cover reinstatement premiums incurred. The RPP further reduces risk from a major catastrophe and serves to strengthen the Company's capital position by reducing the modeled 100 year event net cost. Amounts recoverable from re-insurers are estimated in a manner consistent with the claim liability associated with the underlying insurance policies. Amounts paid for prospective reinsurance contracts are reported as prepaid reinsurance premiums and amortized over the remaining contract period. In the normal course of business, NSIC seeks to limit its exposure to loss on any single insured and to recover a portion of benefits paid by ceding reinsurance to reinsurance companies under excess coverage contracts. NSIC retains a maximum of $50,000 of coverage per individual life. The cost of reinsurance is amortized over the contract period of the reinsurance. At September 30, 2015 , the largest reinsurance recoverable of a single reinsurer was $ 5,000 ($ 37,000 at December 31, 2014). Amounts reported as ceded incurred losses in both 2015 and 2014 were related to the development of losses from prior year catastrophes.

Employee Benefit Plans

Employee Benefit Plans	9 Months Ended
	Sep. 30, 2015
Compensation and Retirement Disclosure [Abstract]
Employee Benefit Plans	EMPLOYEE BENEFIT PLANS The Company and its subsidiaries have an established retirement savings plan (401K Plan). All full-time employees are eligible to participate, and all employer contributions are fully vested for employees who have completed 1,000 hours of service in the year of contribution. Company matching contributions for the nine months ended September 30, 2015 and 2014 amounted to $157,000 and $160,000 , respectively. The Company contributes dollar-for-dollar matching contributions up to 5% of compensation subject to government limitations. In January 2006, the Company established a non-qualified plan under which directors are allowed to defer all or a portion of directors' fees into various investment options. The supplemental executive retirement plan (SERP) became effective March 1, 2008 and covers named executive officers with the Company contributing 15% of executive compensation to the plan. Contributions to the plan are fully vested upon the earlier of death, disability, change in control, or ten years of participation in the plan. Costs for amounts credited to the non-qualified deferred compensation plans for the nine months ended September 30, 2015 and 2014 amounted to approximately $16,000 and $76,000 , respectively. The Company and its subsidiaries established an Employee Stock Ownership Plan (ESOP) in January 2010, to enable its eligible employees to acquire a proprietary interest in the Company's common stock and to provide retirement and other benefits to such employees. There were $169,000 costs incurred during the period ended September 30, 2015 and $150,000 in costs incurred during period ended September 30, 2014 related to ESOP plan contributions. All contributions were made in cash for purchase of Company shares in the open market. The Company has not allocated shares directly to the plan and the plan has no debt.

Shareholders' Equity

Shareholders' Equity	9 Months Ended
	Sep. 30, 2015
Stockholders' Equity Note [Abstract]
Stockholders' Equity	SHAREHOLDERS' EQUITY During the nine months ended September 30, 2015 , and year ended December 31, 2014 , changes in shareholders' equity consisted of net income of $3,547,000 and $7,616,000 , respectively; dividends paid of $301,000 in 2015 and $300,000 in 2014 ; changes in accumulated other comprehensive loss, net of applicable taxes, of $1,171,000 in 2015 and other comprehensive income, net of applicable taxes, of $1,836,000 in 2014 . Other comprehensive gains and loss consisted of accumulated unrealized gains and losses on securities available for sale and unrealized loss on interest rate swaps. Preferred Stock Preferred Stock may be issued in one or more series as shall from time to time be determined and authorized by the Board of Directors. The directors may make specific provisions regarding (a) the voting rights, if any (b) whether such dividends are to be cumulative or noncumulative (c) the redemption provisions, if any (d) participating rights, if any (e) any sinking fund or other retirement provisions (f) dividend rates (g) the number of shares of such series and (h) liquidation preference. Common Stock The holders of the Class A Common Stock will have one-twentieth of one vote per share, and the holders of the common stock will have one vote per share. There is currently no Class A Common Stock issued or outstanding. In the event of any liquidation, dissolution or distribution of the assets of the Company remaining after the payments to the holders of the Preferred Stock of the full preferential amounts to which they may be entitled as provided in the resolution or resolutions creating any series thereof, the remaining assets of the Company shall be divided and distributed among the holders of both classes of common stock, except as may otherwise be provided in any such resolution or resolutions. The table below provides information regarding the Company's preferred and common stock as of September 30, 2015 and December 31, 2014 : September 30, 2015 December 31, 2014 Authorized Issued Outstanding Authorized Issued Outstanding Preferred Stock, $1 par value 500,000 — — 500,000 — — Class A Common Stock, $1 par value 2,000,000 — — 2,000,000 — — Common Stock, $1 par value 3,000,000 2,512,425 2,512,425 3,000,000 2,507,452 2,507,452 On May 22, 2015, 4,973 shares of common stock were issued to directors as compensation under the 2009 Equity Incentive Plan previously approved by shareholders.

Accumulated Other Comprehensive

Accumulated Other Comprehensive Income	9 Months Ended
	Sep. 30, 2015
Equity [Abstract]
Accumulated Other Comprehensive Income	ACCUMULATED OTHER COMPREHENSIVE INCOME Accumulated other comprehensive income (loss) ("AOCI") includes certain items that are reported directly within a separate component of shareholders' equity. The following table presents changes in AOCI balances (dollars in thousands): Nine months ended September 30, 2015 2014 Gains and Losses on Cash Flow Hedges Balance at beginning of period $ (816 ) $ (591 ) Other comprehensive loss for period: Other comprehensive loss before reclassifications (218 ) (124 ) Amounts reclassified from accumulated other comprehensive income — — Net current period other comprehensive loss (218 ) (124 ) Balance at end of period $ (1,034 ) $ (715 ) Unrealized Gains and Losses on Available-for-Sale Securities Balance at beginning of period $ 3,588 $ 1,527 Other comprehensive income (loss) for period: Other comprehensive income (loss) before reclassifications (608 ) 2,020 Amounts reclassified from accumulated other comprehensive income (345 ) (242 ) Net current period other comprehensive income (loss) (953 ) 1,778 Balance at end of period $ 2,635 $ 3,305 Total Accumulated Other Comprehensive Income at end of period $ 1,601 $ 2,590 The following table presents the amounts reclassified out of AOCI for the nine months ended September 30, 2015 (dollars in thousands): Details about Accumulated Other Comprehensive Income Components Amounts Reclassified from Accumulated Other Comprehensive Income Affected Line Item in the Statement Where Net Income is Presented Unrealized Gains and Losses on Available-for-Sale Securities $ 522 Net realized investment gains 522 Total before tax (177 ) Tax (expense) or benefit $ 345 Net of Tax The following table presents the amounts reclassified out of AOCI for the nine months ended September 30, 2014 (dollars in thousands): Details about Accumulated Other Comprehensive Income Components Amounts Reclassified from Accumulated Other Comprehensive Income Affected Line Item in the Statement Where Net Income is Presented Unrealized Gains and Losses on Available-for-Sale Securities $ 366 Net realized investment gains 366 Total before tax (124 ) Tax (expense) or benefit $ 242 Net of Tax

Segments

Segments	9 Months Ended
	Sep. 30, 2015
Segment Reporting, Disclosure of Entity's Reportable Segments [Abstract]
Segments	SEGMENTS The Company’s property and casualty insurance operations comprise one business segment. The property and casualty insurance segment primarily underwrites home insurance coverage with primary lines of business consisting of: dwelling fire and extended coverage, homeowners (including mobile homeowners) and other liability. The Company has ceased writing ocean marine coverages and no policies were in-force in this line of business during 2015. Management organizes the business utilizing a niche strategy focusing on lower valued dwellings. Our chief decision makers (Chief Executive Officer, Chief Financial Officer and President) review results and operating plans making decisions on resource allocations on a company-wide basis. The Company’s products are primarily produced through agents within the states in which we operate. The Company’s life and accident and health operations comprise the second business segment. The life and accident and health insurance segment consists of two lines of business: traditional life insurance and accident and health insurance. Total assets by industry segment at September 30, 2015 and at December 31, 2014 are summarized below ( dollars in thousands ): Total P&C Insurance Operations Life Insurance Operations Non-Insurance Operations September 30, 2015 $ 149,499 $ 85,427 $ 56,984 $ 7,088 December 31, 2014 $ 144,865 $ 81,648 $ 56,541 $ 6,676 Premium revenues and operating income by business segment for the three and nine months ended September 30, 2015 and 2014 are summarized below ( dollars in thousands ): Three months ended September 30, 2015 Total P&C Insurance Operations Life Insurance Operations Non-Insurance Operations REVENUE Net premiums earned $ 15,104 $ 13,414 $ 1,690 $ — Net investment income 714 237 458 19 Net realized investment gains (losses) 130 51 79 — Other income 154 153 1 — 16,102 13,855 2,228 19 BENEFITS AND EXPENSES Policyholder benefits paid 8,170 6,440 1,730 — Amortization of deferred policy acquisition costs 905 676 229 — Commissions 2,086 1,988 98 — General and administrative expenses 1,707 1,445 323 (61 ) Taxes, licenses and fees 468 426 42 — Interest expense 346 — 21 325 13,682 10,975 2,443 264 Income (Loss) Before Income Taxes $ 2,420 $ 2,880 $ (215 ) $ (245 ) Three months ended September 30, 2014 Total P&C Insurance Operations Life Insurance Operations Non-Insurance Operations REVENUE Net premiums earned $ 14,374 $ 12,757 $ 1,617 $ — Net investment income 824 333 472 19 Net realized investment gains 141 23 117 1 Other income 158 156 2 — 15,497 13,269 2,208 20 BENEFITS AND EXPENSES Policyholder benefits paid 7,172 5,876 1,296 — Amortization of deferred policy acquisition costs 946 642 304 — Commissions 2,166 2,073 93 — General and administrative expenses 1,719 1,296 385 38 Taxes, licenses and fees 514 441 73 — Interest expense 380 — 16 364 12,897 10,328 2,167 402 Income (Loss) Before Income Taxes $ 2,600 $ 2,941 $ 41 $ (382 ) Nine months ended September 30, 2015 Total P&C Insurance Operations Life Insurance Operations Non-Insurance Operations REVENUE Net premiums earned $ 44,690 $ 39,812 $ 4,878 $ — Net investment income 2,472 1,063 1,352 57 Net realized investment gains (losses) 517 181 336 — Other income 468 466 2 — 48,147 41,522 6,568 57 BENEFITS AND EXPENSES Policyholder benefits paid 25,867 21,751 4,116 — Amortization of deferred policy acquisition costs 2,722 2,026 696 — Commissions 6,230 5,953 277 — General and administrative expenses 5,806 4,604 956 246 Taxes, licenses and fees 1,641 1,442 199 — Interest expense 1,008 — 44 964 43,274 35,776 6,288 1,210 Income (Loss) Before Income Taxes $ 4,873 $ 5,746 $ 280 $ (1,153 ) Nine months ended September 30, 2014 Total P&C Insurance Operations Life Insurance Operations Non-Insurance Operations REVENUE Net premiums earned $ 42,298 $ 37,397 $ 4,901 $ — Net investment income 2,802 1,296 1,449 57 Net realized investment gains 541 72 467 2 Gain on company owned life insurance 1,621 1,621 — — Other income 404 401 3 — 47,666 40,787 6,820 59 BENEFITS AND EXPENSES Policyholder benefits paid 24,191 20,106 4,085 — Amortization of deferred policy acquisition costs 2,717 1,924 793 — Commissions 6,160 5,908 252 — General and administrative expenses 6,158 4,285 1,443 430 Taxes, licenses and fees 1,565 1,362 203 — Interest expense 1,148 — 47 1,101 41,939 33,585 6,823 1,531 Income (Loss) Before Income Taxes $ 5,727 $ 7,202 $ (3 ) $ (1,472 ) The following table presents the Company’s gross and net premiums written for the property and casualty segment and the life and accident and health segment for the three and nine months ended September 30, 2015 and 2014 , respectively: Three months ended September 30, Nine months ended September 30, 2015 2014 2015 2014 Life, accident and health operations premiums written: Traditional life insurance $ 1,140 $ 1,156 $ 3,381 $ 3,472 Accident and health insurance 600 564 1,441 1,439 Gross life, accident and health 1,740 1,720 4,822 4,911 Reinsurance premium ceded (19 ) (23 ) (49 ) (58 ) Net life, accident and health premiums written $ 1,721 $ 1,697 $ 4,773 $ 4,853 Property and Casualty operations premiums written: Dwelling fire & extended coverage $ 8,793 $ 8,340 $ 26,975 $ 25,888 Homeowners (Including mobile homeowners) 6,220 6,261 18,686 18,889 Other liability 500 475 1,554 1,465 Gross property and casualty 15,513 15,076 47,215 46,242 Reinsurance premium ceded (1,745 ) (1,762 ) (4,465 ) (5,319 ) Net property and casualty written $ 13,768 $ 13,314 $ 42,750 $ 40,923 Consolidated gross premiums written $ 17,253 $ 16,796 $ 52,037 $ 51,153 Reinsurance premium ceded (1,764 ) (1,785 ) (4,514 ) (5,377 ) Consolidated net premiums written $ 15,489 $ 15,011 $ 47,523 $ 45,776 The following table presents the Company’s gross and net premiums earned for the property and casualty segment and the life and accident and health segment three and nine months ended September 30, 2015 and 2014 , respectively: Three months ended September 30, Nine months ended 2015 2014 2015 2014 Life, accident and health operations premiums earned: Traditional life insurance $ 1,111 $ 1,080 $ 3,488 $ 3,537 Accident and health insurance 598 560 1,439 1,422 Gross life, accident and health 1,709 1,640 4,927 4,959 Reinsurance premium ceded (19 ) (23 ) (49 ) (58 ) Net life, accident and health premiums earned $ 1,690 $ 1,617 $ 4,878 $ 4,901 Property and Casualty operations premiums earned: Dwelling fire & extended coverage $ 8,547 $ 8,147 $ 25,150 $ 23,727 Homeowners (Including mobile homeowners) 5,957 5,914 17,860 17,661 Other liability 488 458 1,433 1,328 Gross property and casualty 14,992 14,519 44,443 42,716 Reinsurance premium ceded (1,578 ) (1,762 ) (4,631 ) (5,319 ) Net property and casualty earned $ 13,414 $ 12,757 $ 39,812 $ 37,397 Consolidated gross premiums earned $ 16,701 $ 16,159 $ 49,370 $ 47,675 Reinsurance premium ceded (1,597 ) (1,785 ) (4,680 ) (5,377 ) Consolidated net premiums earned $ 15,104 $ 14,374 $ 44,690 $ 42,298

Contingencies

Contingencies	9 Months Ended
	Sep. 30, 2015
Commitments and Contingencies Disclosure [Abstract]
Contingencies	CONTINGENCIES The Company and its subsidiaries continue to be named individually as parties to litigation related to the conduct of their insurance operations. These suits involve alleged breaches of contracts, torts, including bad faith and fraud claims based on alleged wrongful or fraudulent acts of the Company's subsidiaries, and other miscellaneous causes of action. The Company's property & casualty subsidiaries are defending a limited number of matters filed in the aftermath of Gustav and Ike in Texas. These actions include individual lawsuits with allegations of underpayment of hurricane-related claims. The various suits seek a variety of remedies, including actual and/or punitive damages in unspecified amounts and/or declaratory relief. The Company has reserves set up on litigated claims and the reserves are included in benefit and loss reserves.

Supplemental Cash Flow Informat

Supplemental Cash Flow Information	9 Months Ended
	Sep. 30, 2015
Supplemental Cash Flow Elements [Abstract]
Supplemental Cash Flow Information	SUPPLEMENTAL CASH FLOW INFORMATION Cash paid for interest during the nine months ended September 30, 2015 was $842,000 ( $847,000 in 2014 ). Cash paid for income taxes during the nine months ended September 30, 2015 was $1,546,000 ( $248,000 in 2014 ). During the nine months ended September 30, 2015, non-cash changes in equity included $4,000 in common stock issued to Directors in lieu of cash compensation along with a corresponding $74,000 increase in additional paid-in-capital.

Subsequent Events

Subsequent Events	9 Months Ended
	Sep. 30, 2015
Subsequent Events [Abstract]
Subsequent Events	SUBSEQUENT EVENTS Management has evaluated subsequent events and their potential effects on these condensed consolidated financial statements through the filing date of this Form 10-Q.

Significant Accounting Polici24

Significant Accounting Policies (Policies)	9 Months Ended
	Sep. 30, 2015
Accounting Policies [Abstract]
Principles of Consolidation and Basis of Presentation	The accompanying condensed consolidated financial statements include the accounts of The National Security Group, Inc. (the Company) and its wholly-owned subsidiaries: National Security Insurance Company (NSIC), National Security Fire and Casualty Company (NSFC) and NATSCO, Inc. (NATSCO). NSFC includes a wholly-owned subsidiary, Omega One Insurance Company (Omega). The accompanying condensed consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (GAAP). In the opinion of management, all adjustments, consisting of normal and recurring items, necessary for the fair presentation of the condensed consolidated financial statements have been included. All significant intercompany transactions and accounts have been eliminated. The financial information presented herein should be read in conjunction with the Company’s Annual Report on Form 10-K for the year ended December 31, 2014, which includes information and disclosures not presented herein.
Use of Estimates	The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the condensed consolidated financial statements and the reported amounts of revenues and expenses during the reporting period. Among the more significant estimates included in these condensed consolidated financial statements are reserves for future life insurance policy benefits, liabilities for losses and loss adjustment expenses, reinsurance recoverable associated with loss and loss adjustment expense liabilities, deferred policy acquisition costs, deferred income tax assets and liabilities, assessments of other-than-temporary impairments on investments and accruals for contingencies. Actual results could differ from these estimates.
Earnings Per Share	Earnings per share of common stock is based on the weighted average number of shares outstanding during each year. The adjusted weighted average shares outstanding were 2,509,857 in 2015 and 2,499,706 in 2014 .
Reclassifications	Certain 2014 amounts have been reclassified from the prior year consolidated financial statements to conform to the 2015 presentation.
Concentration of Credit Risk	The Company maintains cash balances which are generally held in non-interest bearing demand deposit accounts subject to FDIC insured limits of $250,000 per entity. At September 30, 2015 , the net amount exceeding FDIC insured limits was $ 4,746,000 at one financial institution. The Company has not experienced any losses in such accounts. Management of the Company reviews financial information of financial institutions on a quarterly basis and believes the Company is not exposed to any significant credit risk on cash and cash equivalents. Policy receivables are reported at unpaid balances. Policy receivables are generally offset by associated unearned premium liabilities and are not subject to significant credit risk. Receivables from agents, less provision for credit losses, are composed of balances due from independent agents. At September 30, 2015 , the single largest balance due from one agent totaled $912,000 . Reinsurance contracts do not relieve the Company of its obligations to policyholders. A failure of a reinsurer to meet their obligation could result in losses to the insurance subsidiaries. Allowances for losses are established if amounts are believed to be uncollectible. At September 30, 2015 and December 31, 2014 , no amounts were deemed uncollectible. The Company, at least annually, evaluates the financial condition of all reinsurers and evaluates any potential concentrations of credit risk. At September 30, 2015 , management does not believe the Company is exposed to any significant credit risk related to its reinsurance program.
Recently Adopted Accounting Standards	Accounting Changes Not Yet Adopted Revenue from Contracts with Customers In May 2014, the Financial Accounting Standards Board (FASB) issued guidance on a comprehensive new revenue recognition standard. This standard will not impact accounting for insurance contracts, leases, financial instruments and guarantees. For those contracts that are impacted by the new guidance, the guidance will require an entity to recognize revenue upon the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled to, in exchange for those goods or services. The guidance requires additional disclosure about the nature, amount, timing and uncertainty of revenue and cash flows arising from customer contracts, including significant judgments and changes in judgments and assets recognized from costs incurred to obtain or fulfill a contract. In August 2015, the FASB issued a deferral of the effective date by one year. This guidance is effective retrospectively for fiscal years beginning after December 15, 2017 and interim periods within those years. Early adoption of this standard is permitted only as of annual reporting periods beginning after December 15, 2016, including interim reporting periods within that reporting period. Although insurance contracts are specifically scoped out of this new guidance, the Company has minor services that may be subject to the new revenue recognition guidance and are still in the process of evaluating the impact, if any, the guidance may have on its consolidated financial statements. Presentation of Financial Statements - Going Concern In August 2014, the FASB issued guidance on determining when and how to disclose going concern uncertainties in the financial statements, and requires management to perform interim and annual assessments of an entity’s ability to continue as a going concern within one year of the date the financial statements are issued. The updated guidance is effective for annual periods ending after December 15, 2016 and interim periods thereafter. Early adoption is permitted. The Company does not expect the adoption to have a material impact on its financial position or results of operations. Simplifying Income Statement Presentation by Eliminating the Concept of Extraordinary Items In January 2015, the FASB issued guidance that eliminates from GAAP the concept of extraordinary items. The guidance is effective for fiscal periods ending after December 15, 2015 and interim periods thereafter. Early adoption is permitted. The Company does not expect the adoption to have a material impact on its financial position or results of operations. Amendments to the Consolidation Analysis In February 2015, the FASB issued additional guidance regarding the consolidation of certain legal entities. The guidance modifies the evaluation of whether or not limited partnerships and similar legal entities are variable interest entities (VIEs) and the consolidation analysis of entities involved with VIEs, particularly those that have fee arrangements and related party relationships. This guidance is effective for fiscal years beginning after December 15, 2015. The Company does not expect the adoption to have a material impact on its financial position or results of operations. Disclosure about Short-Duration Contracts In May 2015, the FASB issued guidance that enhances disclosure about short-duration insurance liabilities to help users understand the nature, amount, timing and uncertainty of future cash flows related to insurance liabilities and the effect of those cash flows on the statement of comprehensive income. This guidance is effective for annual periods beginning after December 15, 2015 and for interim periods within annual periods beginning after December 15, 2016. The Company does not expect the adoption to have a material impact on its financial position or results of operations. Simplifying the Accounting for Measurement-Period Adjustments In September 2015, the FASB issued guidance that requires an acquirer to recognize adjustments to provisional amounts that are identified during the measurement period in the reporting period in which the adjustment amounts are determined. The acquirer must record, in the same period's financial statements, the effect on earnings of changes in depreciation, amortization, or other income effects, if any, as a result of the change to the provisional amounts, calculated as if the accounting had been completed at the acquisition date. The guidance requires an entity to present on the face of the income statement or to disclose in the notes the portion of the amount recorded in current-period earnings by line item that would have been recorded in previous reporting periods if the adjustment to the provisional amounts had been recognized as of the acquisition date. This guidance is effective for fiscal years beginning after December 15, 2015 and interim periods within those fiscal years. The Company does not expect the adoption to have a material impact on its financial position or results of operations. Recently Adopted Accounting Standards Repurchase-to-Maturity Transactions, Repurchase Financings, and Disclosures In June 2014, the FASB issued guidance requiring secured borrowing accounting treatment for repurchase-to-maturity transactions and provides guidance on accounting for repurchase financing arrangements. This ASU is effective for interim and annual reporting periods beginning after December 15, 2014. The Company adopted this standard on January 1, 2015. The Company is the counter party to repurchase agreements and as such, the adoption did not have a material impact on its financial position or results of operations. Reporting Discontinued Operations and Disclosure of Disposals of Components of an Entity In April 2014, the FASB issued guidance which modifies the definition of discontinued operations by limiting discontinued operations reporting to disposals of components of an entity that represent strategic shifts that have (or will have) a major effect on an entity’s operations and financial results. Also, this update requires additional financial statement disclosures about discontinued operations, as well as disposals of an individually significant component of an entity that do not qualify for discontinued operations presentation. This ASC update is effective for all disposals (or classifications as held for sale) of components of an entity that occur within annual and interim periods beginning on or after December 15, 2014 and for all businesses that, on acquisition, are classified as held for sale that also occur within interim and annual periods beginning on or after December 15, 2014. The Company adopted this standard on January 1, 2015. The Company has no discontinued operations, and the adoption of this standard did not have a material impact on its financial position or results of operations.
Consolidation, Variable Interest Entity	The Company holds a passive interest in a limited partnership that is considered to be a Variable Interest Entity (VIE) under the provisions of ASC 810 Consolidation . The Company is not the primary beneficiary of the entity and is not required to consolidate under ASC 810. The entity is a private placement investment fund formed for the purpose of investing in private equity investments. The Company owns less than 1% of the limited partnership. The carrying value of the investment totals $228,000 and is included as a component of Other Invested Assets in the accompanying condensed consolidated balance sheets.
Marketable Securities	For securities in an unrealized loss position, the Company assesses whether the Company has the intent to sell the security or more-likely-than-not will be required to sell the security before the anticipated recovery. If either of these conditions is met, the Company is required to recognize an other-than-temporary impairment with the entire unrealized loss reported in earnings. For securities in an unrealized loss position that do not meet these conditions, the Company assesses whether the impairment of a security is other-than-temporary. If the impairment is determined to be other-than-temporary, the Company is required to separate the other-than-temporary impairments into two components: the amount representing the credit loss and the amount related to all other factors. The credit loss is the portion of the amortized book value in excess of the net present value of the projected future cash flows discounted at the effective interest rate implicit in the debt security prior to impairment. The credit loss component of other-than-temporary impairments is reported in earnings, whereas the amount relating to factors other than credit losses are recorded in other comprehensive income, net of taxes. In evaluating whether or not the equity loss positions were other-than-temporary impairments, Management evaluated financial information on each company and where available, reviewed analyst reports from at least two independent sources.
Fair Value	Fixed maturities available-for-sale — The fair values of the Company’s public fixed maturity securities are generally based on prices obtained from independent pricing services. Consistent with the fair value hierarchy described above, securities with validated quotes from pricing services are generally reflected within Level 2, as they are primarily based on observable pricing for similar assets and/or other market observable inputs. Trading securities — Trading securities consist primarily of mutual funds whose fair values are determined consistent with similar instruments described above under “Fixed Maturities” and below under “Equity Securities.” Equity securities — Equity securities consist principally of investments in common and preferred stock of publicly traded companies and privately traded securities. The fair values of our publicly traded equity securities are based on quoted market prices in active markets for identical assets and are classified within Level 1 in the fair value hierarchy. Estimated fair values for our privately traded equity securities require a substantial level of judgment. Privately traded equity securities are classified within Level 3. Interest rate swaps — Interest rate swaps are recorded at fair value either as assets, within other assets or as liabilities, within other liabilities. The fair values of our interest rate swaps are provided by a third-party broker and are classified within Level 3. Our available-for-sale securities consists of fixed maturity and equity securities which are recorded at fair value in the accompanying condensed consolidated balance sheets. The change in the fair value of these investments, unless deemed to be other-than-temporarily impaired, is recorded as a component of other comprehensive income. We are permitted to elect to measure financial instruments and certain other items at fair value, with the change in fair value recorded in earnings. We elected not to measure any eligible items using the fair value option. Accounting standards define fair value as the price that would be received to sell an asset or would be paid to transfer a liability in an orderly transaction between market participants at the measurement date, and establishes a framework to make the measurement of fair value more consistent and comparable. In determining fair value, we primarily use prices and other relevant information generated by market transactions involving identical or comparable assets. The Company categorizes assets and liabilities carried at their fair value based upon a fair value hierarchy: Level 1 – Quoted prices in active markets for identical assets or liabilities that the Company has the ability to access at the measurement date. Level 1 assets and liabilities consist of money market fund deposits and certain of our marketable debt and equity instruments, including equity instruments offsetting deferred compensation, that are traded in an active market with sufficient volume and frequency of transactions. Level 2 - Observable inputs other than Level 1 prices such as quoted prices for similar assets or liabilities; quoted prices in markets with insufficient volume or infrequent transactions (less active markets); or model-derived valuations in which all significant inputs are observable or can be derived principally from or corroborated by observable market data for substantially the full term of the assets or liabilities. Level 2 assets include certain of our marketable debt and equity instruments with quoted market prices that are traded in less active markets or priced using a quoted market price for similar instruments. Level 2 assets also include marketable equity instruments with security-specific restrictions that would transfer to the buyer, marketable debt instruments priced using indicator prices which represent non-binding market consensus prices that can be corroborated by observable market quotes, as well as derivative contracts and debt instruments priced using inputs that are observable in the market or can be derived principally from or corroborated by observable market data. Marketable debt instruments in this category generally include commercial paper, bank time deposits, repurchase agreements for fixed-income instruments, and a majority of floating-rate notes, corporate bonds, and municipal bonds. Level 3 - Unobservable inputs to the valuation methodology that are significant to the measurement of fair value of assets or liabilities. Level 3 assets and liabilities include marketable debt instruments, non-marketable equity investments, derivative contracts, and company issued debt whose values are determined using inputs that are both unobservable and significant to the values of the instruments being measured. Level 3 assets also include marketable debt instruments that are priced using indicator prices that we were unable to corroborate with observable market quotes. Marketable debt instruments in this category generally include asset-backed securities and certain floating-rate notes, corporate bonds, and municipal bonds. The following methods and assumptions were used to estimate fair value of each class of financial instrument for which it is practical to estimate that value: Cash and cash equivalents — the carrying amount is a reasonable estimate of fair value. Fixed maturities held-to-maturity — the carrying amount is amortized cost; the fair values of the Company’s public fixed maturity securities that are classified as held-to-maturity are generally based on prices obtained from independent pricing services. Mortgage loans — the carrying amount is a reasonable estimate of fair value due to the restrictive nature and limited marketability of the mortgage notes. Policy loans — the carrying amount is a reasonable estimate of fair value. Company owned life insurance — the carrying amount is a reasonable estimate of fair value. Other invested assets — the carrying amount is a reasonable estimate of fair value. Other policyholder funds — the carrying amount is a reasonable estimate of fair value. Debt — the carrying amount is a reasonable estimate of fair value.
Derivatives	The Company is exposed to certain risks in the normal course of its business operations. The primary risk that is managed through the use of derivatives is interest rate risk on floating rate borrowings. This risk is managed through the use of interest rate swap agreements which are designated as cash flow hedges. For cash flow hedges, the effective portion of the gain or loss on the interest rate swap is included as a component of other comprehensive income and reclassified into earnings in the same period during which the hedged transaction is recognized in earnings. The Company does not hold or issue derivatives that are not designated as hedging instruments. The swap liability is reported as a component of other liabilities on the condensed consolidated balance sheets. We use dollar offset at the hedge's inception and for each reporting period thereafter to assess whether the derivative used in a hedging transaction is expected to be, and has been, effective in offsetting changes in the fair value of the hedged item. Since inception, no portion of the hedged item has been deemed ineffective. For all hedges, we discontinue hedge accounting if it is determined that a derivative is not expected to be, or has ceased to be, effective as a hedge.
Income Taxes	Net deferred tax liabilities are determined based on the estimated future tax effects of differences between the financial statement and tax basis of assets and liabilities given the provisions of the enacted tax laws. The Company recognizes tax-related interest and penalties as a component of tax expense.
Reinsurance	Amounts recoverable from re-insurers are estimated in a manner consistent with the claim liability associated with the underlying insurance policies. Amounts paid for prospective reinsurance contracts are reported as prepaid reinsurance premiums and amortized over the remaining contract period. In the normal course of business, NSIC seeks to limit its exposure to loss on any single insured and to recover a portion of benefits paid by ceding reinsurance to reinsurance companies under excess coverage contracts. NSIC retains a maximum of $50,000 of coverage per individual life. The cost of reinsurance is amortized over the contract period of the reinsurance. The Company's insurance operations utilize reinsurance in order to limit losses, minimize exposure to large risks, provide additional capacity for future growth and effect business-sharing arrangements. Life reinsurance is accomplished through yearly renewable term coverage. Property and casualty reinsurance is placed on an excess of loss basis to cover losses from catastrophe events. Reinsurance ceded arrangements do not discharge the insurance subsidiaries as the primary insurer, except for cases involving a novation. Failure of re-insurers to honor their obligations could result in losses to the insurance subsidiaries. The insurance subsidiaries evaluate the financial conditions of their reinsurance companies and monitor concentrations of credit risk arising from similar geographic regions, activities, or economic characteristics of the companies to minimize their exposure to significant losses from reinsurance insolvencies. In the normal course of business, NSFC seeks to reduce the loss that may arise from catastrophes or other individually significant large loss events that cause unfavorable underwriting results by re-insuring certain levels of risk in various areas of exposure with reinsurance companies. NSFC maintains a catastrophe reinsurance agreement to cover losses from catastrophic events, primarily hurricanes.
Business Segment	The Company’s property and casualty insurance operations comprise one business segment. The property and casualty insurance segment primarily underwrites home insurance coverage with primary lines of business consisting of: dwelling fire and extended coverage, homeowners (including mobile homeowners) and other liability. The Company has ceased writing ocean marine coverages and no policies were in-force in this line of business during 2015. The Company’s life and accident and health operations comprise the second business segment. The life and accident and health insurance segment consists of two lines of business: traditional life insurance and accident and health insurance.

Investments (Tables)

Investments (Tables)	9 Months Ended
	Sep. 30, 2015
Investments [Abstract]
Schedule of Amortized Cost and Aggregate Fair Values of Investments in Available-for-Sale Securities	The amortized cost and aggregate fair values of investments in available-for-sale securities as of September 30, 2015 are as follows ( dollars in thousands ): Available-for-sale securities: Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Fair Value Corporate debt securities $ 35,201 $ 1,052 $ 845 $ 35,408 Mortgage backed securities 14,669 279 62 14,886 Private label mortgage backed securities 6,162 36 113 6,085 Obligations of states and political subdivisions 14,916 888 24 15,780 U.S. Treasury securities and obligations of U.S. Government corporations and agencies 15,822 570 22 16,370 Total fixed maturities 86,770 2,825 1,066 88,529 Equity securities 2,420 2,368 134 4,654 Total $ 89,190 $ 5,193 $ 1,200 $ 93,183 The amortized cost and aggregate fair values of investments in available-for-sale securities as of December 31, 2014 are as follows ( dollars in thousands ): Available-for-sale securities: Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Fair Value Corporate debt securities $ 37,299 $ 1,773 $ 405 $ 38,667 Mortgage backed securities 12,691 214 153 12,752 Private label mortgage backed securities 1,261 38 3 1,296 Obligations of states and political subdivisions 14,919 993 13 15,899 U.S. Treasury securities and obligations of U.S. Government corporations and agencies 17,854 525 107 18,272 Total fixed maturities 84,024 3,543 681 86,886 Equity securities 2,420 2,745 170 4,995 Total $ 86,444 $ 6,288 $ 851 $ 91,881
Schedule of Amortized Cost and Aggregate Fair Values of Investments in Held-to-Maturity Securities	The amortized cost and aggregate fair values of investments in held-to-maturity securities as of September 30, 2015 are as follows ( dollars in thousands ): Held-to-maturity securities: Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Fair Value Mortgage backed securities $ 2,495 $ 113 $ — $ 2,608 U.S. Treasury securities and obligations of U.S. Government corporations and agencies 49 3 — 52 Total $ 2,544 $ 116 $ — $ 2,660 The amortized cost and aggregate fair values of investments in held-to-maturity securities as of December 31, 2014 are as follows ( dollars in thousands ): Held-to-maturity securities: Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Fair Value Mortgage backed securities $ 2,818 $ 69 $ — $ 2,887 U.S. Treasury securities and obligations of U.S. Government corporations and agencies 290 5 — 295 Total $ 3,108 $ 74 $ — $ 3,182
Schedule of Amortized Cost and Aggregate Fair Value of Debt Securities, by Contractual Maturity	The amortized cost and aggregate fair value of debt securities at September 30, 2015 , by contractual maturity, are presented in the following table ( dollars in thousands ). Expected maturities will differ from contractual maturities because borrowers may have the right to call or prepay obligations with or without call or prepayment penalties. (Dollars in Thousands) Amortized Cost Fair Value Available-for-sale securities: Due in one year or less $ 237 $ 262 Due after one year through five years 12,634 13,087 Due after five years through ten years 30,542 30,572 Due after ten years 43,357 44,608 Total $ 86,770 $ 88,529 Held-to-maturity securities: Due in one year or less $ — $ — Due after one year through five years 97 101 Due after five years through ten years 113 122 Due after ten years 2,334 2,437 Total $ 2,544 $ 2,660
Schedule of Securities Available-for-Sale with Unrealized Losses	A summary of securities available-for-sale with unrealized losses as of December 31, 2014 , along with the related fair value, aggregated by the length of time that investments have been in a continuous unrealized loss position, is as follows ( dollars in thousands ): Less than 12 months 12 months or longer Total December 31, 2014 Fair Value Gross Unrealized Losses Fair Value Gross Unrealized Losses Fair Value Gross Unrealized Losses Total Securities in a Loss Position Fixed maturities Corporate debt securities $ 6,306 $ 364 $ 1,843 $ 41 $ 8,149 $ 405 18 Mortgage backed securities 1,386 4 1,855 149 3,241 153 12 Private label mortgage backed securities — — 97 3 97 3 1 Obligations of state and political subdivisions — — 651 13 651 13 2 U.S. Treasury securities and obligations of U.S. Government corporations and agencies 1,475 6 3,499 101 4,974 107 10 Equity securities — — 1,116 170 1,116 170 1 $ 9,167 $ 374 $ 9,061 $ 477 $ 18,228 $ 851 44 A summary of securities available-for-sale with unrealized losses as of September 30, 2015 , along with the related fair value, aggregated by the length of time that investments have been in a continuous unrealized loss position, is as follows ( dollars in thousands ): Less than 12 months 12 months or longer Total September 30, 2015 Fair Value Gross Unrealized Losses Fair Value Gross Unrealized Losses Fair Value Gross Unrealized Losses Total Securities in a Loss Position Fixed maturities Corporate debt securities $ 10,806 $ 403 $ 3,336 $ 442 $ 14,142 $ 845 28 Mortgage backed securities 2,087 18 725 44 2,812 62 6 Private label mortgage backed securities 4,456 111 93 2 4,549 113 7 Obligations of state and political subdivisions 1,459 19 337 5 1,796 24 4 U.S. Treasury securities and obligations of U.S. Government corporations and agencies 2,102 9 1,484 13 3,586 22 6 Equity securities — — 1,152 134 1,152 134 1 $ 20,910 $ 560 $ 7,127 $ 640 $ 28,037 $ 1,200 52
Summary of Major Categories of Investment Income	Major categories of investment income are summarized as follows (dollars in thousands): Three months ended September 30, Nine months ended September 30, 2015 2014 2015 2014 Fixed maturities $ 829 $ 855 $ 2,591 $ 2,571 Equity securities 30 29 90 87 Mortgage loans on real estate 3 5 11 12 Investment real estate 3 1 7 4 Policy loans 30 29 89 84 Company owned life insurance change in surrender value (156 ) (89 ) (208 ) 49 Other 41 56 116 184 780 886 2,696 2,991 Less: Investment expenses 66 62 224 189 Net investment income $ 714 $ 824 $ 2,472 $ 2,802
Schedule of Realized Investments Gains (Losses)	Major categories of investment gains and losses are summarized as follows (dollars in thousands): Three months ended September 30, Nine months ended September 30, 2015 2014 2015 2014 Fixed maturities $ 130 $ 117 $ 522 $ 366 Other, principally real estate — 24 (5 ) 175 Net realized investment gains $ 130 $ 141 $ 517 $ 541
Schedule of Net Change in Unrealized Appreciation	An analysis of the net change in unrealized appreciation on available-for-sale securities follows (dollars in thousands): September 30, 2015 December 31, 2014 Net change in unrealized appreciation on available-for-sale securities before deferred tax $ (1,444 ) $ 3,123 Deferred income tax 491 (1,062 ) Net change in unrealized appreciation on available-for-sale securities $ (953 ) $ 2,061

Fair Value of Financial Asset26

Fair Value of Financial Assets and Financial Liabilities (Tables)	9 Months Ended
	Sep. 30, 2015
Fair Value Disclosures [Abstract]
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis	Financial assets and liabilities measured at fair value on a recurring basis as of September 30, 2015 are summarized in the following table by the type of inputs applicable to the fair value measurements (in thousands): Fair Value Measurements at Reporting Date Using Description Total Level 1 Level 2 Level 3 Financial Assets Fixed maturities available-for-sale Corporate debt securities $ 35,408 $ — $ 35,408 $ — Mortgage backed securities 14,886 — 14,886 — Private label mortgage backed securities 6,085 — 6,085 — Obligations of states and political subdivisions 15,780 — 15,780 — U.S. Treasury securities and obligations of U.S. Government corporations and agencies 16,370 16,370 — — Trading securities 107 107 — — Equity securities available-for-sale 4,654 3,502 — 1,152 Total Financial Assets $ 93,290 $ 19,979 $ 72,159 $ 1,152 Financial Liabilities Interest rate swap $ (1,569 ) $ — $ — $ (1,569 ) Total Financial Liabilities $ (1,569 ) $ — $ — $ (1,569 ) Financial assets and liabilities measured at fair value on a recurring basis as of December 31, 2014 are summarized in the following table by the type of inputs applicable to the fair value measurements (in thousands): Fair Value Measurements at Reporting Date Using Description Total Level 1 Level 2 Level 3 Financial Assets Fixed maturities available-for-sale Corporate debt securities $ 38,667 $ — $ 38,667 $ — Mortgage backed securities 12,752 — 12,752 — Private label mortgage backed securities 1,296 — 1,296 — Obligations of states and political subdivisions 15,899 — 15,899 — U.S. Treasury securities and obligations of U.S. Government corporations and agencies 18,272 18,272 — — Trading securities 19 19 — — Equity securities available-for-sale 4,995 3,879 — 1,116 Total Financial Assets $ 91,900 $ 22,170 $ 68,614 $ 1,116 Financial Liabilities Interest rate swap $ (1,238 ) $ — $ — $ (1,238 ) Total Financial Liabilities $ (1,238 ) $ — $ — $ (1,238 )
Schedule of Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation	The table below presents a reconciliation for all assets measured at fair value on a recurring basis using significant unobservable inputs (Level 3) for the year ended December 31, 2014 (in thousands): For the year ended December 31, 2014 Equity Securities Available-for-Sale Interest Rate Swap Beginning balance $ 875 $ (897 ) Total gains or losses (realized and unrealized): Included in earnings — — Included in other comprehensive income 241 (341 ) Purchases: — — Sales: — — Issuances: — — Settlements: — — Transfers in/(out) of Level 3 — — Ending balance $ 1,116 $ (1,238 ) The amount of total gains or losses for the period included in earnings attributable to the change in unrealized gains or losses relating to assets and liabilities still held as of December 31, 2014: $ — $ — The table below presents a reconciliation for all assets measured at fair value on a recurring basis using significant unobservable inputs (Level 3) for the nine months ended September 30, 2015 (in thousands): For the nine months ended September 30, 2015 Equity Securities Available-for-Sale Interest Rate Swap Beginning balance $ 1,116 $ (1,238 ) Total gains or losses (realized and unrealized): Included in earnings — — Included in other comprehensive income 36 (331 ) Purchases: — — Sales: — — Issuances: — — Settlements: — — Transfers in/(out) of Level 3 — — Ending balance $ 1,152 $ (1,569 ) The amount of total gains or losses for the period included in earnings attributable to the change in unrealized gains or losses relating to assets and liabilities still held as of September 30, 2015: $ — $ —
Schedule of Fair Value, by Balance Sheet Grouping	The carrying amount and estimated fair value of the Company’s financial instruments as of September 30, 2015 and December 31, 2014 are as follows (in thousands): September 30, 2015 December 31, 2014 Carrying Value Estimated Fair Value Carrying Value Estimated Fair Value Assets and related instruments Held-to-maturity securities $ 2,554 $ 2,660 $ 3,108 $ 3,182 Mortgage loans 204 204 210 210 Policy loans 1,616 1,616 1,530 1,530 Company owned life insurance 4,909 4,909 5,513 5,513 Other invested assets 3,303 3,303 3,553 3,553 Liabilities and related instruments Other policyholder funds 1,545 1,545 1,510 1,510 Short-term notes payable and current portion of long-term debt 857 857 857 857 Long-term debt 17,515 17,515 18,715 18,715

Property and Equipment (Tables)

Property and Equipment (Tables)	9 Months Ended
	Sep. 30, 2015
Property, Plant and Equipment [Abstract]
Schedule of Property and Equipment	Major categories of property and equipment are summarized as follows (dollars in thousands): September 30, 2015 December 31, 2014 Building and improvements $ 3,348 $ 3,367 Electronic data processing equipment 1,641 1,570 Furniture and fixtures 657 606 5,646 5,543 Less accumulated depreciation 3,652 3,530 Property and equipment, net $ 1,994 $ 2,013

Income Taxes (Tables)

Income Taxes (Tables)	9 Months Ended
	Sep. 30, 2015
Income Tax Disclosure [Abstract]
Schedule of Deferred Tax Assets and Liabilities	The tax effect of significant differences representing deferred tax assets and liabilities are as follows (dollars in thousands): As of September 30, 2015 As of December 31, 2014 General expenses $ 1,428 $ 1,371 Unearned premiums 2,167 1,961 Claims liabilities 839 849 Litigation settlement 2,040 2,040 AMT credit 755 1,240 Impairment on real estate owned 187 187 Unrealized loss on interest rate swaps 534 421 Deferred tax assets 7,950 8,069 Depreciation (101 ) (111 ) Deferred policy acquisition costs (2,947 ) (2,921 ) Unrealized gains on securities available-for-sale (1,357 ) (1,848 ) Deferred tax liabilities (4,405 ) (4,880 ) Net deferred tax asset $ 3,545 $ 3,189
Changes in Temporary Differences in Federal Income Tax	The appropriate income tax effects of changes in temporary differences are as follows (dollars in thousands): Nine months ended September 30, 2015 2014 Deferred policy acquisition costs $ 26 $ 42 Unearned premiums (206 ) (257 ) General expenses (57 ) (23 ) Depreciation (10 ) (14 ) Claims liabilities 10 (275 ) AMT credit 485 (144 ) NOL carryforward — 849 Deferred income tax expense $ 248 $ 178
Schedule of Effective Income Tax Rate Reconciliation	Total income tax expense (benefit) varies from amounts computed by applying current federal income tax rates to income or loss before income taxes. The reasons for these differences and the approximate tax effects are as follows: Nine months ended September 30, 2015 2014 Federal income tax rate applied to pre-tax income/loss 34.0 % 34.0 % Dividends received deduction and tax-exempt interest (1.6 )% (1.5 )% Company owned life insurance 1.5 % (9.9 )% Small life deduction (4.3 )% (6.6 )% Other, net (2.4 )% 1.4 % Effective federal income tax rate 27.2 % 17.4 %

Notes Payable and Long-Term D29

Notes Payable and Long-Term Debt (Tables)	9 Months Ended
	Sep. 30, 2015
Debt Disclosure [Abstract]
Schedule of Short-term Debt	Short-term debt and current portion of long-term debt consisted of the following as of September 30, 2015 and December 31, 2014 ( dollars in thousands) : September 30, December 31, 2015 2014 Line of credit, $700,000 available, with variable interest rate equal to the Wall Street Journal (WSJ) prime rate, subject to a 5.0% floor; maturity February 2016. Interest payments due quarterly. Unsecured. $ — $ — Current portion of installment note payable due November 2015 with variable interest rate equal to the WSJ prime rate plus 1%. Unsecured. 857 857 $ 857 $ 857
Schedule of Long-term Debt Instruments	Long-term debt consisted of the following as of September 30, 2015 and December 31, 2014 ( dollars in thousands ): September 30, December 31, 2015 2014 Line of credit, $1,000,000 available, with variable interest rate equal to the WSJ prime rate, subject to a 5.0% floor; maturity February 2016. Interest payments due quarterly. Unsecured. $ — $ 700 Line of credit with variable interest rate equal to the WSJ prime rate, subject to a 4.5% floor; maturity September 2017. Interest payments due monthly. Secured. — 500 Long term portion of installment note with variable interest rate equal to the WSJ prime rate plus 1% and adjustable each November; maturity November 2021. Interest payable annually with principal payable in equal annual installments. Next principal installment on long term portion due November 2015. Unsecured. 5,143 5,143 Subordinated debentures issued on December 15, 2005 with fixed interest rate of 8.83% each distribution period thereafter until December 15, 2015 when the coupon rate shall equal the 3-Month LIBOR plus 3.75% applied to the outstanding principal; maturity December 2035. Interest payments due quarterly. All may be redeemed at any time following the tenth anniversary of issuance. Unsecured. 9,279 9,279 Subordinated debentures issued on June 21, 2007 with a floating interest rate equal to the 3-Month LIBOR plus 3.40% applied to the outstanding principal; maturity June 15, 2037. Interest payments due quarterly. All may be redeemed at any time following the fifth anniversary of issuance. Unsecured. 3,093 3,093 $ 17,515 $ 18,715

Reinsurance (Tables)

Reinsurance (Tables)	9 Months Ended
	Sep. 30, 2015
Reinsurance Disclosures [Abstract]
Schedule of Reinsurance	Catastrophe reinsurance coverage is maintained in three layers as follows: Layer Reinsurers' Limits of Liability First Layer 100% of $13,500,000 in excess of $4,000,000 Second Layer 100% of $25,000,000 in excess of $17,500,000 Third Layer 100% of $30,000,000 in excess of $42,500,000

Shareholders' Equity (Tables)

Shareholders' Equity (Tables)	9 Months Ended
	Sep. 30, 2015
Stockholders' Equity Note [Abstract]
Schedule of Stock by Class	The table below provides information regarding the Company's preferred and common stock as of September 30, 2015 and December 31, 2014 : September 30, 2015 December 31, 2014 Authorized Issued Outstanding Authorized Issued Outstanding Preferred Stock, $1 par value 500,000 — — 500,000 — — Class A Common Stock, $1 par value 2,000,000 — — 2,000,000 — — Common Stock, $1 par value 3,000,000 2,512,425 2,512,425 3,000,000 2,507,452 2,507,452

Accumulated Other Comprehensi32

Accumulated Other Comprehensive Income (Tables)	9 Months Ended
	Sep. 30, 2015
Equity [Abstract]
Schedule of Accumulated Other Comprehensive Income (Loss)	The following table presents changes in AOCI balances (dollars in thousands): Nine months ended September 30, 2015 2014 Gains and Losses on Cash Flow Hedges Balance at beginning of period $ (816 ) $ (591 ) Other comprehensive loss for period: Other comprehensive loss before reclassifications (218 ) (124 ) Amounts reclassified from accumulated other comprehensive income — — Net current period other comprehensive loss (218 ) (124 ) Balance at end of period $ (1,034 ) $ (715 ) Unrealized Gains and Losses on Available-for-Sale Securities Balance at beginning of period $ 3,588 $ 1,527 Other comprehensive income (loss) for period: Other comprehensive income (loss) before reclassifications (608 ) 2,020 Amounts reclassified from accumulated other comprehensive income (345 ) (242 ) Net current period other comprehensive income (loss) (953 ) 1,778 Balance at end of period $ 2,635 $ 3,305 Total Accumulated Other Comprehensive Income at end of period $ 1,601 $ 2,590
Reclassification out of Accumulated Other Comprehensive Income	The following table presents the amounts reclassified out of AOCI for the nine months ended September 30, 2015 (dollars in thousands): Details about Accumulated Other Comprehensive Income Components Amounts Reclassified from Accumulated Other Comprehensive Income Affected Line Item in the Statement Where Net Income is Presented Unrealized Gains and Losses on Available-for-Sale Securities $ 522 Net realized investment gains 522 Total before tax (177 ) Tax (expense) or benefit $ 345 Net of Tax The following table presents the amounts reclassified out of AOCI for the nine months ended September 30, 2014 (dollars in thousands): Details about Accumulated Other Comprehensive Income Components Amounts Reclassified from Accumulated Other Comprehensive Income Affected Line Item in the Statement Where Net Income is Presented Unrealized Gains and Losses on Available-for-Sale Securities $ 366 Net realized investment gains 366 Total before tax (124 ) Tax (expense) or benefit $ 242 Net of Tax

Segments (Tables)

Segments (Tables)	9 Months Ended
	Sep. 30, 2015
Segment Reporting, Disclosure of Entity's Reportable Segments [Abstract]
Schedule of Segment Reporting Information, by Segment	Total assets by industry segment at September 30, 2015 and at December 31, 2014 are summarized below ( dollars in thousands ): Total P&C Insurance Operations Life Insurance Operations Non-Insurance Operations September 30, 2015 $ 149,499 $ 85,427 $ 56,984 $ 7,088 December 31, 2014 $ 144,865 $ 81,648 $ 56,541 $ 6,676 Premium revenues and operating income by business segment for the three and nine months ended September 30, 2015 and 2014 are summarized below ( dollars in thousands ): Three months ended September 30, 2015 Total P&C Insurance Operations Life Insurance Operations Non-Insurance Operations REVENUE Net premiums earned $ 15,104 $ 13,414 $ 1,690 $ — Net investment income 714 237 458 19 Net realized investment gains (losses) 130 51 79 — Other income 154 153 1 — 16,102 13,855 2,228 19 BENEFITS AND EXPENSES Policyholder benefits paid 8,170 6,440 1,730 — Amortization of deferred policy acquisition costs 905 676 229 — Commissions 2,086 1,988 98 — General and administrative expenses 1,707 1,445 323 (61 ) Taxes, licenses and fees 468 426 42 — Interest expense 346 — 21 325 13,682 10,975 2,443 264 Income (Loss) Before Income Taxes $ 2,420 $ 2,880 $ (215 ) $ (245 ) Three months ended September 30, 2014 Total P&C Insurance Operations Life Insurance Operations Non-Insurance Operations REVENUE Net premiums earned $ 14,374 $ 12,757 $ 1,617 $ — Net investment income 824 333 472 19 Net realized investment gains 141 23 117 1 Other income 158 156 2 — 15,497 13,269 2,208 20 BENEFITS AND EXPENSES Policyholder benefits paid 7,172 5,876 1,296 — Amortization of deferred policy acquisition costs 946 642 304 — Commissions 2,166 2,073 93 — General and administrative expenses 1,719 1,296 385 38 Taxes, licenses and fees 514 441 73 — Interest expense 380 — 16 364 12,897 10,328 2,167 402 Income (Loss) Before Income Taxes $ 2,600 $ 2,941 $ 41 $ (382 ) Nine months ended September 30, 2015 Total P&C Insurance Operations Life Insurance Operations Non-Insurance Operations REVENUE Net premiums earned $ 44,690 $ 39,812 $ 4,878 $ — Net investment income 2,472 1,063 1,352 57 Net realized investment gains (losses) 517 181 336 — Other income 468 466 2 — 48,147 41,522 6,568 57 BENEFITS AND EXPENSES Policyholder benefits paid 25,867 21,751 4,116 — Amortization of deferred policy acquisition costs 2,722 2,026 696 — Commissions 6,230 5,953 277 — General and administrative expenses 5,806 4,604 956 246 Taxes, licenses and fees 1,641 1,442 199 — Interest expense 1,008 — 44 964 43,274 35,776 6,288 1,210 Income (Loss) Before Income Taxes $ 4,873 $ 5,746 $ 280 $ (1,153 ) Nine months ended September 30, 2014 Total P&C Insurance Operations Life Insurance Operations Non-Insurance Operations REVENUE Net premiums earned $ 42,298 $ 37,397 $ 4,901 $ — Net investment income 2,802 1,296 1,449 57 Net realized investment gains 541 72 467 2 Gain on company owned life insurance 1,621 1,621 — — Other income 404 401 3 — 47,666 40,787 6,820 59 BENEFITS AND EXPENSES Policyholder benefits paid 24,191 20,106 4,085 — Amortization of deferred policy acquisition costs 2,717 1,924 793 — Commissions 6,160 5,908 252 — General and administrative expenses 6,158 4,285 1,443 430 Taxes, licenses and fees 1,565 1,362 203 — Interest expense 1,148 — 47 1,101 41,939 33,585 6,823 1,531 Income (Loss) Before Income Taxes $ 5,727 $ 7,202 $ (3 ) $ (1,472 )
Schedule of Gross and Net Premiums Written	The following table presents the Company’s gross and net premiums written for the property and casualty segment and the life and accident and health segment for the three and nine months ended September 30, 2015 and 2014 , respectively: Three months ended September 30, Nine months ended September 30, 2015 2014 2015 2014 Life, accident and health operations premiums written: Traditional life insurance $ 1,140 $ 1,156 $ 3,381 $ 3,472 Accident and health insurance 600 564 1,441 1,439 Gross life, accident and health 1,740 1,720 4,822 4,911 Reinsurance premium ceded (19 ) (23 ) (49 ) (58 ) Net life, accident and health premiums written $ 1,721 $ 1,697 $ 4,773 $ 4,853 Property and Casualty operations premiums written: Dwelling fire & extended coverage $ 8,793 $ 8,340 $ 26,975 $ 25,888 Homeowners (Including mobile homeowners) 6,220 6,261 18,686 18,889 Other liability 500 475 1,554 1,465 Gross property and casualty 15,513 15,076 47,215 46,242 Reinsurance premium ceded (1,745 ) (1,762 ) (4,465 ) (5,319 ) Net property and casualty written $ 13,768 $ 13,314 $ 42,750 $ 40,923 Consolidated gross premiums written $ 17,253 $ 16,796 $ 52,037 $ 51,153 Reinsurance premium ceded (1,764 ) (1,785 ) (4,514 ) (5,377 ) Consolidated net premiums written $ 15,489 $ 15,011 $ 47,523 $ 45,776
Schedule of Gross and Net Premiums Earned	The following table presents the Company’s gross and net premiums earned for the property and casualty segment and the life and accident and health segment three and nine months ended September 30, 2015 and 2014 , respectively: Three months ended September 30, Nine months ended 2015 2014 2015 2014 Life, accident and health operations premiums earned: Traditional life insurance $ 1,111 $ 1,080 $ 3,488 $ 3,537 Accident and health insurance 598 560 1,439 1,422 Gross life, accident and health 1,709 1,640 4,927 4,959 Reinsurance premium ceded (19 ) (23 ) (49 ) (58 ) Net life, accident and health premiums earned $ 1,690 $ 1,617 $ 4,878 $ 4,901 Property and Casualty operations premiums earned: Dwelling fire & extended coverage $ 8,547 $ 8,147 $ 25,150 $ 23,727 Homeowners (Including mobile homeowners) 5,957 5,914 17,860 17,661 Other liability 488 458 1,433 1,328 Gross property and casualty 14,992 14,519 44,443 42,716 Reinsurance premium ceded (1,578 ) (1,762 ) (4,631 ) (5,319 ) Net property and casualty earned $ 13,414 $ 12,757 $ 39,812 $ 37,397 Consolidated gross premiums earned $ 16,701 $ 16,159 $ 49,370 $ 47,675 Reinsurance premium ceded (1,597 ) (1,785 ) (4,680 ) (5,377 ) Consolidated net premiums earned $ 15,104 $ 14,374 $ 44,690 $ 42,298

Significant Accounting Polici34

Significant Accounting Policies (Earnings Per Share) (Details) - shares	9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014
Accounting Policies [Abstract]
Weighted average number of shares outstanding	2,509,857	2,499,706

Significant Accounting Polici35

Significant Accounting Policies (Concentration of Credit Risk) (Details) - USD ($) $ in Thousands	Sep. 30, 2015	Dec. 31, 2014	Sep. 30, 2014	Dec. 31, 2013
Concentration Risk [Line Items]
Cash	$ 10,644	$ 6,426	$ 8,575	$ 4,987
Policy receivables and agents' balances, net	12,351	$ 10,948
Uninsured Deposit Risk [Member]
Concentration Risk [Line Items]
Cash	4,746
Single Largest Agent Balance Due [Member]
Concentration Risk [Line Items]
Policy receivables and agents' balances, net	$ 912

Variable Interest Entities (Det

Variable Interest Entities (Details) - USD ($) $ in Thousands	1 Months Ended		9 Months Ended
	Jun. 30, 2007	Dec. 31, 2005	Sep. 30, 2015
Variable Interest Entity [Line Items]
Carrying amount of investments			$ 228
Trust Preferred Security Offering, 2005 [Member]
Variable Interest Entity [Line Items]
Payments to acquire trust preferred securities		$ 9,000
Subordinated debt		9,279
Proceeds from issuance of trust preferred securities		9,005
Equity investment		$ 279
Trust Preferred Security Offering, 2007 [Member]
Variable Interest Entity [Line Items]
Payments to acquire trust preferred securities	$ 3,000
Proceeds from issuance of trust preferred securities	2,995
Equity investment	93
Trust Preferred Security Offering, 2007 [Member] | Unsecured Debt [Member]
Variable Interest Entity [Line Items]
Subordinated debt	$ 3,093
Maximum [Member]
Variable Interest Entity [Line Items]
Limited partnership, percent owned			1.00%

Investments (Narrative) (Detail

Investments (Narrative) (Details) - USD ($)	9 Months Ended	12 Months Ended
	Sep. 30, 2015	Dec. 31, 2014
Gain (Loss) on Investments [Line Items]
Securities held-to-maturity with unrealized losses	$ 0	$ 0
Other-than-temporary impairments, available-for-sale securities	$ 0	$ 0
Maximum [Member]
Gain (Loss) on Investments [Line Items]
Percent of investment portfolio below investment grade	3.96%

Investments (Available-for-Sale

Investments (Available-for-Sale Securities) (Details) - USD ($) $ in Thousands	Sep. 30, 2015	Dec. 31, 2014
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost	$ 89,190	$ 86,444
Gross Unrealized Gains	5,193	6,288
Gross Unrealized Losses	1,200	851
Fair Value	93,183	91,881
Corporate Debt Securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost	35,201	37,299
Gross Unrealized Gains	1,052	1,773
Gross Unrealized Losses	845	405
Fair Value	35,408	38,667
Mortgage-backed Securities, Issued by US Government Sponsored Enterprises [Member]
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost	14,669	12,691
Gross Unrealized Gains	279	214
Gross Unrealized Losses	62	153
Fair Value	14,886	12,752
Private Label Mortgage Backed Securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost	6,162	1,261
Gross Unrealized Gains	36	38
Gross Unrealized Losses	113	3
Fair Value	6,085	1,296
US States and Political Subdivisions Debt Securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost	14,916	14,919
Gross Unrealized Gains	888	993
Gross Unrealized Losses	24	13
Fair Value	15,780	15,899
US Treasury Securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost	15,822	17,854
Gross Unrealized Gains	570	525
Gross Unrealized Losses	22	107
Fair Value	16,370	18,272
Available-for-sale Securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost	86,770	84,024
Gross Unrealized Gains	2,825	3,543
Gross Unrealized Losses	1,066	681
Fair Value	88,529	86,886
Equity Securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost	2,420	2,420
Gross Unrealized Gains	2,368	2,745
Gross Unrealized Losses	134	170
Fair Value	$ 4,654	$ 4,995

Investments (Held-to-Maturity S

Investments (Held-to-Maturity Securities) (Details) - USD ($) $ in Thousands	Sep. 30, 2015	Dec. 31, 2014
Schedule of Held-to-maturity Securities [Line Items]
Amortized Cost	$ 2,544	$ 3,108
Held-to-maturity securities, unrealized gains	116	74
Held-to-maturity securities, unrealized losses	0	0
Fair Value	2,660	3,182
Mortgage-backed Securities, Issued by US Government Sponsored Enterprises [Member]
Schedule of Held-to-maturity Securities [Line Items]
Amortized Cost	2,495	2,818
Held-to-maturity securities, unrealized gains	113	69
Held-to-maturity securities, unrealized losses	0	0
Fair Value	2,608	2,887
US Treasury Securities [Member]
Schedule of Held-to-maturity Securities [Line Items]
Amortized Cost	49	290
Held-to-maturity securities, unrealized gains	3	5
Held-to-maturity securities, unrealized losses	0	0
Fair Value	$ 52	$ 295

Investments (Amortized Cost and

Investments (Amortized Cost and Aggregate Fair Value of Debt Securities, by Contractual Maturity) (Details) - USD ($) $ in Thousands	Sep. 30, 2015	Dec. 31, 2014
Investments [Abstract]
Available-for-sale Securities, Due in one year or less, Amortized Cost	$ 237
Available-for-sale Securities, Due in one year or less, Fair Value	262
Available-for-sale Securities, Due after one year through five years, Amortized Cost	12,634
Available-for-sale Securities, Due after one year through five years, Fair Value	13,087
Available-for-sale Securities, Due after five years through ten years, Amortized Cost	30,542
Available-for-sale Securities, Due after five years through ten years, Fair Value	30,572
Available-for-sale Securities, Due after ten years, Amortized Cost	43,357
Available-for-sale Securities, Due after ten years, Fair Value	44,608
Available-for-sale securities, Amortized Cost	86,770	$ 84,024
Available-for-sale Securities, Fair Value	88,529
Held-to-maturity Securities, Due in one year or less, Amortized Cost	0
Held-to-maturity Securities, Due in one year or less, Fair Value	0
Held-to-maturity Securities, Due after one year through five years, Amortized Cost	97
Held-to-maturity Securities, Due after one year through five years, Fair Value	101
Held-to-maturity Securities, Due after five years through ten years, Amortized Cost	113
Held-to-maturity Securities, Due after five years through ten years, Fair Value	122
Held-to-maturity Securities, Due after ten years, Amortized Cost	2,334
Held-to-maturity Securities, Due after ten years, Fair Value	2,437
Held-to-maturity Securities, Amortized Cost	2,544	3,108
Held-to-maturity Securities, Fair Value	$ 2,660	$ 3,182

Investments (Schedule of Contin

Investments (Schedule of Continuous Losses) (Details) $ in Thousands	Sep. 30, 2015USD ($)	Dec. 31, 2014USD ($)
Schedule of Available-for-sale Securities [Line Items]
Less than 12 Months, Fair Value	$ 20,910	$ 9,167
Less than 12 Months, Gross Unrealized Losses	560	374
12 Months or Longer, Fair Value	7,127	9,061
12 Months or Longer, Gross Unrealized Losses	640	477
Total Fair Value	28,037	18,228
Total Gross Unrealized Losses	$ 1,200	$ 851
Total Securities in a Loss Position	52	44
Corporate Debt Securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Less than 12 Months, Fair Value	$ 10,806	$ 6,306
Less than 12 Months, Gross Unrealized Losses	403	364
12 Months or Longer, Fair Value	3,336	1,843
12 Months or Longer, Gross Unrealized Losses	442	41
Total Fair Value	14,142	8,149
Total Gross Unrealized Losses	$ 845	$ 405
Total Securities in a Loss Position	28	18
Mortgage-backed Securities, Issued by US Government Sponsored Enterprises [Member]
Schedule of Available-for-sale Securities [Line Items]
Less than 12 Months, Fair Value	$ 2,087	$ 1,386
Less than 12 Months, Gross Unrealized Losses	18	4
12 Months or Longer, Fair Value	725	1,855
12 Months or Longer, Gross Unrealized Losses	44	149
Total Fair Value	2,812	3,241
Total Gross Unrealized Losses	$ 62	$ 153
Total Securities in a Loss Position	6	12
Private Label Mortgage Backed Securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Less than 12 Months, Fair Value	$ 4,456	$ 0
Less than 12 Months, Gross Unrealized Losses	111	0
12 Months or Longer, Fair Value	93	97
12 Months or Longer, Gross Unrealized Losses	2	3
Total Fair Value	4,549	97
Total Gross Unrealized Losses	$ 113	$ 3
Total Securities in a Loss Position	7	1
US States and Political Subdivisions Debt Securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Less than 12 Months, Fair Value	$ 1,459	$ 0
Less than 12 Months, Gross Unrealized Losses	19	0
12 Months or Longer, Fair Value	337	651
12 Months or Longer, Gross Unrealized Losses	5	13
Total Fair Value	1,796	651
Total Gross Unrealized Losses	$ 24	$ 13
Total Securities in a Loss Position	4	2
US Treasury Securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Less than 12 Months, Fair Value	$ 2,102	$ 1,475
Less than 12 Months, Gross Unrealized Losses	9	6
12 Months or Longer, Fair Value	1,484	3,499
12 Months or Longer, Gross Unrealized Losses	13	101
Total Fair Value	3,586	4,974
Total Gross Unrealized Losses	$ 22	$ 107
Total Securities in a Loss Position	6	10
Equity Securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Less than 12 Months, Fair Value	$ 0	$ 0
Less than 12 Months, Gross Unrealized Losses	0	0
12 Months or Longer, Fair Value	1,152	1,116
12 Months or Longer, Gross Unrealized Losses	134	170
Total Fair Value	1,152	1,116
Total Gross Unrealized Losses	$ 134	$ 170
Total Securities in a Loss Position	1	1

Investments (Major Categories o

Investments (Major Categories of Investment Income) (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Summary of Investments, Other than Investments in Related Parties, Reportable Data [Line Items]
Gross investment income	$ 780	$ 886	$ 2,696	$ 2,991
Less: Investment expenses	66	62	224	189
Net investment income	714	824	2,472	2,802
Fixed Maturities [Member]
Summary of Investments, Other than Investments in Related Parties, Reportable Data [Line Items]
Gross investment income	829	855	2,591	2,571
Equity Securities [Member]
Summary of Investments, Other than Investments in Related Parties, Reportable Data [Line Items]
Gross investment income	30	29	90	87
Mortgage Loans on Real Estate [Member]
Summary of Investments, Other than Investments in Related Parties, Reportable Data [Line Items]
Gross investment income	3	5	11	12
Investment Real Estate [Member]
Summary of Investments, Other than Investments in Related Parties, Reportable Data [Line Items]
Gross investment income	3	1	7	4
Policy Loans [Member]
Summary of Investments, Other than Investments in Related Parties, Reportable Data [Line Items]
Gross investment income	30	29	89	84
Company Owned Life Insurance [Member]
Summary of Investments, Other than Investments in Related Parties, Reportable Data [Line Items]
Gross investment income	(156)	(89)	(208)	49
Other, Principally Short-term Investments [Member]
Summary of Investments, Other than Investments in Related Parties, Reportable Data [Line Items]
Gross investment income	$ 41	$ 56	$ 116	$ 184

Investments (Major Categories43

Investments (Major Categories of Investment Gains and Losses) (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Gain (Loss) on Investments [Line Items]
Net realized investment gains (losses)	$ 130	$ 141	$ 517	$ 541
Fixed Maturities [Member]
Gain (Loss) on Investments [Line Items]
Net realized investment gains (losses)	130	117	522	366
Other, Principally Real Estate [Member]
Gain (Loss) on Investments [Line Items]
Net realized investment gains (losses)	$ 0	$ 24	$ (5)	$ 175

Investments (Schedule of Unreal

Investments (Schedule of Unrealized Appreciation) (Details) - USD ($) $ in Thousands	9 Months Ended	12 Months Ended
	Sep. 30, 2015	Dec. 31, 2014
Investments [Abstract]
Net change in unrealized appreciation on available-for-sale securities before deferred tax	$ (1,444)	$ 3,123
Deferred income tax	491	(1,062)
Net change in unrealized appreciation on available-for-sale securities	$ (953)	$ 2,061

Fair Value of Financial Asset45

Fair Value of Financial Assets and Financial Liabilities (Narrative) (Details) - USD ($)	Sep. 30, 2015	Dec. 31, 2014
Fair Value Disclosures [Abstract]
Fair value measurements of assets	$ 1,152,000
Fair value measurements of liabilities	(1,569,000)
Assets measured at fair values on a nonrecurring basis	0	$ 0
Liabilities measured at fair values on a nonrecurring basis	$ 0	$ 0

Fair Value of Financial Asset46

Fair Value of Financial Assets and Financial Liabilities (Assets/Liabilities Measured at Fair Value on a Recurring Basis) (Details) - USD ($) $ in Thousands	Sep. 30, 2015	Dec. 31, 2014
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fixed maturities available-for-sale	$ 93,183	$ 91,881
Trading securities	107	19
Fair Value, Measurements, Recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total Financial Assets	93,290	91,900
Total Financial Liabilities	(1,569)	(1,238)
Fair Value, Measurements, Recurring [Member] | Interest Rate Swap [Member] | Derivative Financial Instruments, Liabilities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total Financial Liabilities	(1,569)	(1,238)
Fair Value, Measurements, Recurring [Member] | Corporate Debt Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fixed maturities available-for-sale	35,408	38,667
Fair Value, Measurements, Recurring [Member] | Mortgage-backed Securities, Issued by US Government Sponsored Enterprises [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fixed maturities available-for-sale	14,886	12,752
Fair Value, Measurements, Recurring [Member] | Mortgage-backed Securities, Issued by Private Enterprises [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fixed maturities available-for-sale	6,085	1,296
Fair Value, Measurements, Recurring [Member] | US States and Political Subdivisions Debt Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fixed maturities available-for-sale	15,780	15,899
Fair Value, Measurements, Recurring [Member] | US Government Debt Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fixed maturities available-for-sale	16,370	18,272
Fair Value, Measurements, Recurring [Member] | Trading Account Assets [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Trading securities	107	19
Fair Value, Measurements, Recurring [Member] | Equity Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fixed maturities available-for-sale	4,654	4,995
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total Financial Assets	19,979	22,170
Total Financial Liabilities	0	0
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 1 [Member] | Interest Rate Swap [Member] | Derivative Financial Instruments, Liabilities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total Financial Liabilities	0	0
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 1 [Member] | Corporate Debt Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fixed maturities available-for-sale	0	0
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 1 [Member] | Mortgage-backed Securities, Issued by US Government Sponsored Enterprises [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fixed maturities available-for-sale	0	0
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 1 [Member] | Mortgage-backed Securities, Issued by Private Enterprises [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fixed maturities available-for-sale	0	0
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 1 [Member] | US States and Political Subdivisions Debt Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fixed maturities available-for-sale	0	0
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 1 [Member] | US Government Debt Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fixed maturities available-for-sale	16,370	18,272
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 1 [Member] | Trading Account Assets [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Trading securities	107	19
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 1 [Member] | Equity Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fixed maturities available-for-sale	3,502	3,879
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total Financial Assets	72,159	68,614
Total Financial Liabilities	0	0
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member] | Interest Rate Swap [Member] | Derivative Financial Instruments, Liabilities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total Financial Liabilities	0	0
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member] | Corporate Debt Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fixed maturities available-for-sale	35,408	38,667
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member] | Mortgage-backed Securities, Issued by US Government Sponsored Enterprises [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fixed maturities available-for-sale	14,886	12,752
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member] | Mortgage-backed Securities, Issued by Private Enterprises [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fixed maturities available-for-sale	6,085	1,296
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member] | US States and Political Subdivisions Debt Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fixed maturities available-for-sale	15,780	15,899
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member] | US Government Debt Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fixed maturities available-for-sale	0	0
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member] | Trading Account Assets [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Trading securities	0	0
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member] | Equity Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fixed maturities available-for-sale	0	0
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total Financial Assets	1,152	1,116
Total Financial Liabilities	(1,569)	(1,238)
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 3 [Member] | Interest Rate Swap [Member] | Derivative Financial Instruments, Liabilities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total Financial Liabilities	(1,569)	(1,238)
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 3 [Member] | Corporate Debt Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fixed maturities available-for-sale	0	0
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 3 [Member] | Mortgage-backed Securities, Issued by US Government Sponsored Enterprises [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fixed maturities available-for-sale	0	0
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 3 [Member] | Mortgage-backed Securities, Issued by Private Enterprises [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fixed maturities available-for-sale	0	0
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 3 [Member] | US States and Political Subdivisions Debt Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fixed maturities available-for-sale	0	0
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 3 [Member] | US Government Debt Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fixed maturities available-for-sale	0	0
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 3 [Member] | Trading Account Assets [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Trading securities	0	0
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 3 [Member] | Equity Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fixed maturities available-for-sale	$ 1,152	$ 1,116

Fair Value of Financial Asset47

Fair Value of Financial Assets and Financial Liabilities (Level 3 Reconciliation) (Details) - USD ($) $ in Thousands	9 Months Ended	12 Months Ended
	Sep. 30, 2015	Dec. 31, 2014
Equity Securities Available-for-Sale
Ending balance	$ 1,152
Interest Rate Swap
Ending balance	(1,569)
Fair Value, Measurements, Recurring [Member] | Interest Rate Swap [Member]
Interest Rate Swap
Beginning balance	(1,238)	$ (897)
Included in earnings	0	0
Included in other comprehensive income	(331)	(341)
Purchases:	0	0
Sales:	0	0
Issuances:	0	0
Settlements:	0	0
Transfers in/(out) of Level 3	0	0
Ending balance	(1,569)	(1,238)
The amount of total gains or losses for the period included in earnings attributable to the change in unrealized gains or losses relating to assets and liabilities still held	0	0
Fair Value, Measurements, Recurring [Member] | Available-for-sale Securities [Member]
Equity Securities Available-for-Sale
Beginning balance:	1,116	875
Included in earnings	0	0
Included in other comprehensive income	36	241
Purchases:	0	0
Sales:	0	0
Issuances:	0	0
Settlements:	0	0
Transfers in/(out) of Level 3	0	0
Ending balance	1,152	1,116
The amount of total gains or losses for the period included in earnings attributable to the change in unrealized gains or losses relating to assets and liabilities still held	$ 0	$ 0

Fair Value of Financial Asset48

Fair Value of Financial Assets and Financial Liabilities (Fair Value of Assets and Liabilities) (Details) - USD ($) $ in Thousands	Sep. 30, 2015	Dec. 31, 2014
Insurance Claims [Member]
Liabilities and Related Instruments [Abstract]
Carrying Value, Liabilities	$ 1,545	$ 1,510
Estimated Fair Value, Liabilities	1,545	1,510
Short-term Debt [Member]
Liabilities and Related Instruments [Abstract]
Carrying Value, Liabilities	857	857
Estimated Fair Value, Liabilities	857	857
Long-term Debt [Member]
Liabilities and Related Instruments [Abstract]
Carrying Value, Liabilities	17,515	18,715
Estimated Fair Value, Liabilities	17,515	18,715
Held-to-maturity Securities [Member]
Assets and Related Instruments [Abstract]
Carrying Value, Assets	2,554	3,108
Estimated Fair Value, Assets	2,660	3,182
Mortgage Loans on Real Estate [Member]
Assets and Related Instruments [Abstract]
Carrying Value, Assets	204	210
Estimated Fair Value, Assets	204	210
Policy Loans [Member]
Assets and Related Instruments [Abstract]
Carrying Value, Assets	1,616	1,530
Estimated Fair Value, Assets	1,616	1,530
Cash Surrender Value [Member]
Assets and Related Instruments [Abstract]
Carrying Value, Assets	4,909	5,513
Estimated Fair Value, Assets	4,909	5,513
Other Long-term Investments [Member]
Assets and Related Instruments [Abstract]
Carrying Value, Assets	3,303	3,553
Estimated Fair Value, Assets	$ 3,303	$ 3,553

Property and Equipment (Details

Property and Equipment (Details) - USD ($) $ in Thousands	9 Months Ended	12 Months Ended
	Sep. 30, 2015	Dec. 31, 2014
Property, Plant and Equipment [Line Items]
Property and equipment, gross	$ 5,646	$ 5,543
Less accumulated depreciation	3,652	3,530
Property and equipment, net	1,994	2,013
Depreciation expense	134	306
Building and improvements [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, gross	3,348	3,367
Electronic Data Processing Equipment [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, gross	1,641	1,570
Furniture and Fixtures [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, gross	$ 657	$ 606

Income Taxes (Narrative) (Detai

Income Taxes (Narrative) (Details) - USD ($) $ in Thousands	Sep. 30, 2015	Dec. 31, 2014
Income Tax Disclosure [Abstract]
Net deferred tax asset position	$ 3,545	$ 3,189

Income Taxes (Deferred Tax Asse

Income Taxes (Deferred Tax Assets and Liabilities) (Details) - USD ($) $ in Thousands	Sep. 30, 2015	Dec. 31, 2014
Income Tax Disclosure [Abstract]
General expenses	$ 1,428	$ 1,371
Unearned premiums	2,167	1,961
Claims liabilities	839	849
Litigation settlement	2,040	2,040
AMT Credit	755	1,240
Impairment on real estate owned	187	187
Unrealized loss on interest rate swaps	534	421
Deferred tax assets	7,950	8,069
Depreciation	(101)	(111)
Deferred policy acquisition costs	(2,947)	(2,921)
Unrealized gains on securities available-for-sale	(1,357)	(1,848)
Deferred tax liabilities	(4,405)	(4,880)
Net deferred tax asset	$ 3,545	$ 3,189

Income Taxes (Schedule of Inco

Income Taxes (Schedule of Income Tax Effects of Changes in Temporary Differences) (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Income Tax Disclosure [Abstract]
Deferred policy acquisition costs			$ 26	$ 42
Unearned premiums			(206)	(257)
General expenses			(57)	(23)
Depreciation			(10)	(14)
Claims liabilities			10	(275)
AMT credit			485	(144)
NOL carryforward			0	849
Deferred income tax expense	$ 358	$ 152	$ 248	$ 178

Income Taxes (Schedule of Effec

Income Taxes (Schedule of Effective Income Tax Rate Reconciliation) (Details)	9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014
Income Tax Disclosure [Abstract]
Federal income tax rate applied to pre-tax income/loss	34.00%	34.00%
Dividends received deduction and tax-exempt interest	(1.60%)	(1.50%)
Company owned life insurance	1.50%	(9.90%)
Small life deduction	(4.30%)	(6.60%)
Other, net	(2.40%)	1.40%
Effective federal income tax rate	27.20%	17.40%

Notes Payable and Long-Term D54

Notes Payable and Long-Term Debt (Narrative) (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended		12 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014	Dec. 31, 2014	Dec. 31, 2010	May. 26, 2010	Dec. 31, 2009	Mar. 19, 2009
Debt Instrument [Line Items]
Derivative, Notional Amount							$ 9,000		$ 3,000
Derivative, fixed interest rate							8.49%		7.02%
Cash flow hedge, derivative instrument liabilities at fair value	$ 1,569		$ 1,569		$ 1,238
Unrealized loss on interest rate swap	157	$ (50)	218	$ 124	225
Available-for-sale securities pledged as collateral	$ 1,500		$ 1,500		$ 1,494
Interest Rate Swap [Member]
Debt Instrument [Line Items]
Cash flow hedge, liability at fair value								$ 268
Cash Flow Hedging [Member]
Debt Instrument [Line Items]
Cash flow hedge, liability at fair value						$ 1,301

Notes Payable and Long-Term D55

Notes Payable and Long-Term Debt (Short-Term Debt) (Details) - USD ($) $ in Thousands	9 Months Ended	12 Months Ended
	Sep. 30, 2015	Dec. 31, 2014
Short-term Debt [Line Items]
Short-term notes payable	$ 857	$ 857
Unsecured Debt [Member]
Short-term Debt [Line Items]
Current portion of installment note payable November 2015 with variable interest rate equal to the WSJ prime rate plus 1%; Unsecured	857	857
Short-term notes payable	$ 857	$ 857
Interest rate description	WSJ	WSJ
Interest rate at period end	5.00%	5.00%
Line of Credit [Member] | Unsecured Debt [Member]
Short-term Debt [Line Items]
Line of credit with variable interest rate equal to the WSJ prime rate, subject to a 5.0% floor; Maturity February 2016. Interest payments due quarterly. Unsecured.	$ 0	$ 0
Payment terms	Interest payments due quarterly	Interest payments due quarterly
Current borrowing capacity	$ 700
Description of variable rate basis	WSJ	WSJ
Basis spread on variable rate	1.00%	1.00%

Notes Payable and Long-Term D56

Notes Payable and Long-Term Debt (Schedule of Long-Term Debt) (Details) - USD ($) $ in Thousands	Jun. 21, 2007	Dec. 15, 2005	Sep. 30, 2015	Dec. 31, 2014
Debt Instrument [Line Items]
Long-term debt			$ 17,515	$ 18,715
Unsecured Debt [Member] | Promissory Note [Member]
Debt Instrument [Line Items]
Long-term debt			$ 5,143	5,143
Payment terms			Annual installment payments.
Unsecured Debt [Member] | Trust Preferred Security Offering, 2005 [Member]
Debt Instrument [Line Items]
Long-term debt			$ 9,279	9,279
Fixed interest rate		8.83%
Payment terms			Interest payments due quarterly.
Unsecured Debt [Member] | Trust Preferred Security Offering, 2007 [Member]
Debt Instrument [Line Items]
Long-term debt			$ 3,093	3,093
Payment terms			Interest payments due quarterly.
Line of Credit [Member] | Unsecured Debt [Member]
Debt Instrument [Line Items]
Amount outstanding			$ 0	700
Payment terms			Interest payment due quarterly
Line of Credit [Member] | Secured Debt [Member]
Debt Instrument [Line Items]
Amount outstanding			$ 0	$ 500
Payment terms			Interest payments due monthly.
Current borrowing capacity			$ 1,000
Prime Rate [Member] | Unsecured Debt [Member] | Promissory Note [Member]
Debt Instrument [Line Items]
Basis spread on variable rate			1.00%
Prime Rate [Member] | Line of Credit [Member] | Unsecured Debt [Member]
Debt Instrument [Line Items]
Percentage bearing variable interest, percentage rate			5.00%
Prime Rate [Member] | Line of Credit [Member] | Secured Debt [Member]
Debt Instrument [Line Items]
Percentage bearing variable interest, percentage rate			4.50%
Three-month LIBOR [Member] | Unsecured Debt [Member] | Trust Preferred Security Offering, 2005 [Member]
Debt Instrument [Line Items]
Basis spread on variable rate		3.75%
Three-month LIBOR [Member] | Unsecured Debt [Member] | Trust Preferred Security Offering, 2007 [Member]
Debt Instrument [Line Items]
Basis spread on variable rate	3.40%

Reinsurance (Reinsurers' Limits

Reinsurance (Reinsurers' Limits of Liability) (Details) - USD ($)	9 Months Ended
	Sep. 30, 2015	Dec. 31, 2014
Reinsurance Maintained by Layers [Line Items]
Catastrophe reinsurance retention	$ 4,000,000
Life insurance policy reinsurance limit	50,000
Reinsurance recoverable	1,454,000	$ 939,000
Single Reinsurer [Member]
Reinsurance Maintained by Layers [Line Items]
Reinsurance recoverable	$ 5,000	$ 37,000
First Layer [Member]
Reinsurance Maintained by Layers [Line Items]
Percent of reinsured losses covered by layer	100.00%
Covered losses	$ 13,500,000
Reinsurer's limit of liability	$ 17,500,000
Second Layer [Member]
Reinsurance Maintained by Layers [Line Items]
Percent of reinsured losses covered by layer	100.00%
Covered losses	$ 25,000,000
Reinsurer's limit of liability	$ 42,500,000
Third Layer [Member]
Reinsurance Maintained by Layers [Line Items]
Percent of reinsured losses covered by layer	100.00%
Covered losses	$ 30,000,000
Reinsurer's limit of liability	$ 72,500,000

Employee Benefit Plans (Details

Employee Benefit Plans (Details)	9 Months Ended
	Sep. 30, 2015USD ($)hours	Sep. 30, 2014USD ($)
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Minimum hours of service completed in year of contribution | hours	1,000
Matching contribution	$ 157,000	$ 160,000
Employer matching contribution, percent	5.00%
Cash contributions to ESOP	$ 169,000	150,000
Employee Stock Ownership Plan (ESOP), Debt Structure, Indirect Loan, Amount	0
Non-Qualified Deferred Compensation Plans [Member]
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Deferred compensation arrangement	$ 16,000	$ 76,000
Executive Officers [Member]
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Employer matching contribution, percent	15.00%

Shareholders' Equity (Narrative

Shareholders' Equity (Narrative) (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended		12 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014	Dec. 31, 2014
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Net income	$ 1,616	$ 1,797	$ 3,547	$ 4,730	$ 7,616
Dividends paid			301		300
Other comprehensive income, net of tax	$ 235	$ 325	$ 1,171	$ (1,654)	$ (1,836)
2009 Equity Incentive Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock issued during period, shares			4,973

Shareholders' Equity (Preferred

Shareholders' Equity (Preferred and Common Stock) (Details) - $ / shares	Sep. 30, 2015	Dec. 31, 2014
Class of Stock [Line Items]
Preferred stock, par value	$ 1	$ 1
Preferred stock, shares authorized	500,000	500,000
Preferred stock, shares issued	0	0
Preferred stock, shares outstanding	0	0
Common stock, par value	$ 1	$ 1
Common stock, shares authorized	3,000,000	3,000,000
Common stock, shares issued	2,512,425	2,507,452
Common stock, shares outstanding	2,512,425	2,507,452
Common Class A [Member]
Class of Stock [Line Items]
Common stock, par value	$ 1	$ 1
Common stock, shares authorized	2,000,000	2,000,000
Common stock, shares issued	0	0
Common stock, shares outstanding	0	0

Accumulated Other Comprehensi61

Accumulated Other Comprehensive Income (Changes in AOCI) (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended		12 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014	Dec. 31, 2014
Accumulated Other Comprehensive Income (Loss) [Roll Forward]
Beginning balance			$ 2,772
Other comprehensive income (loss), net of tax	$ (235)	$ (325)	(1,171)	$ 1,654	$ 1,836
Ending balance	1,601	2,590	1,601	2,590	2,772
Gains and Losses on Cash Flow Hedges [Member]
Accumulated Other Comprehensive Income (Loss) [Roll Forward]
Beginning balance			(816)	(591)	(591)
Other comprehensive income (loss) before reclassifications			(218)	(124)
Amounts reclassified from accumulated other comprehensive income			0	0
Other comprehensive income (loss), net of tax			(218)	(124)
Ending balance	(1,034)	(715)	(1,034)	(715)	(816)
Unrealized Gains and Losses on Available-for-Sale Securities [Member]
Accumulated Other Comprehensive Income (Loss) [Roll Forward]
Beginning balance			3,588	1,527	1,527
Other comprehensive income (loss) before reclassifications			(608)	2,020
Amounts reclassified from accumulated other comprehensive income			(345)	(242)
Other comprehensive income (loss), net of tax			(953)	1,778
Ending balance	$ 2,635	$ 3,305	$ 2,635	$ 3,305	$ 3,588

Accumulated Other Comprehensi62

Accumulated Other Comprehensive Income (Amounts reclassified out of AOCI) (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended		12 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014	Dec. 31, 2014
Reclassification out of Accumulated Other Comprehensive Income [Line Items]
Net realized investment gains (losses)	$ 130	$ 141	$ 517	$ 541
Tax (expense) or benefit	(804)	(803)	(1,326)	(997)
Net income	$ 1,616	$ 1,797	3,547	4,730	$ 7,616
Reclassification out of Accumulated Other Comprehensive Income [Member] | Unrealized Gains and Losses on Available-for-Sale Securities [Member]
Reclassification out of Accumulated Other Comprehensive Income [Line Items]
Net realized investment gains (losses)			522	366
Total before tax			522	366
Tax (expense) or benefit			(177)	(124)
Net income			$ 345	$ 242

Segments (Narrative) (Details)

Segments (Narrative) (Details)	9 Months Ended
	Sep. 30, 2015Segments
Segment Reporting [Abstract]
Number of operating segments	1

Segments (Schedule of Segment R

Segments (Schedule of Segment Reporting Information, by Segment) (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014	Dec. 31, 2014
Segment Reporting Information [Line Items]
Assets	$ 149,499		$ 149,499		$ 144,865
Net premiums earned	15,104	$ 14,374	44,690	$ 42,298
Net investment income	714	824	2,472	2,802
Net realized investment gains (losses)	130	141	517	541
Gain on company owned life insurance	0	0	0	1,621
Other income	154	158	468	404
Total Revenues	16,102	15,497	48,147	47,666
Policyholder benefits paid	8,170	7,172	25,867	24,191
Amortization of deferred policy acquisition costs	905	946	2,722	2,717
Commissions	2,086	2,166	6,230	6,160
General and administrative expenses	1,707	1,719	5,806	6,158
Taxes, licenses and fees	468	514	1,641	1,565
Interest expense	346	380	1,008	1,148
Total Benefits, Losses and Expenses	13,682	12,897	43,274	41,939
Income Before Income Taxes	2,420	2,600	4,873	5,727
P&C Insurance Operations [Member]
Segment Reporting Information [Line Items]
Assets	85,427		85,427		81,648
Net premiums earned	13,414	12,757	39,812	37,397
Net investment income	237	333	1,063	1,296
Net realized investment gains (losses)	51	23	181	72
Gain on company owned life insurance				1,621
Other income	153	156	466	401
Total Revenues	13,855	13,269	41,522	40,787
Policyholder benefits paid	6,440	5,876	21,751	20,106
Amortization of deferred policy acquisition costs	676	642	2,026	1,924
Commissions	1,988	2,073	5,953	5,908
General and administrative expenses	1,445	1,296	4,604	4,285
Taxes, licenses and fees	426	441	1,442	1,362
Interest expense	0	0	0	0
Total Benefits, Losses and Expenses	10,975	10,328	35,776	33,585
Income Before Income Taxes	2,880	2,941	5,746	7,202
Life Insurance Operations [Member]
Segment Reporting Information [Line Items]
Assets	56,984		56,984		56,541
Net premiums earned	1,690	1,617	4,878	4,901
Net investment income	458	472	1,352	1,449
Net realized investment gains (losses)	79	117	336	467
Gain on company owned life insurance				0
Other income	1	2	2	3
Total Revenues	2,228	2,208	6,568	6,820
Policyholder benefits paid	1,730	1,296	4,116	4,085
Amortization of deferred policy acquisition costs	229	304	696	793
Commissions	98	93	277	252
General and administrative expenses	323	385	956	1,443
Taxes, licenses and fees	42	73	199	203
Interest expense	21	16	44	47
Total Benefits, Losses and Expenses	2,443	2,167	6,288	6,823
Income Before Income Taxes	(215)	41	280	(3)
Non-Insurance Operations [Member]
Segment Reporting Information [Line Items]
Assets	7,088		7,088		$ 6,676
Net premiums earned	0	0	0	0
Net investment income	19	19	57	57
Net realized investment gains (losses)	0	1	0	2
Gain on company owned life insurance				0
Other income	0	0	0	0
Total Revenues	19	20	57	59
Policyholder benefits paid	0	0	0	0
Amortization of deferred policy acquisition costs	0	0	0	0
Commissions	0	0	0	0
General and administrative expenses	(61)	38	246	430
Taxes, licenses and fees	0	0	0	0
Interest expense	325	364	964	1,101
Total Benefits, Losses and Expenses	264	402	1,210	1,531
Income Before Income Taxes	$ (245)	$ (382)	$ (1,153)	$ (1,472)

Segments (Schedule of Gross and

Segments (Schedule of Gross and Net Premiums Written) (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Segment Reporting Information [Line Items]
Gross premiums written	$ 17,253	$ 16,796	$ 52,037	$ 51,153
Reinsurance premium ceded	(1,764)	(1,785)	(4,514)	(5,377)
Net premiums written	15,489	15,011	47,523	45,776
Life Insurance Operations [Member]
Segment Reporting Information [Line Items]
Gross premiums written	1,740	1,720	4,822	4,911
Reinsurance premium ceded	(19)	(23)	(49)	(58)
Net premiums written	1,721	1,697	4,773	4,853
Life Insurance Operations [Member] | Traditional Life Insurance [Member]
Segment Reporting Information [Line Items]
Gross premiums written	1,140	1,156	3,381	3,472
Life Insurance Operations [Member] | Accident and Health Insurance [Member]
Segment Reporting Information [Line Items]
Gross premiums written	600	564	1,441	1,439
P&C Insurance Operations [Member]
Segment Reporting Information [Line Items]
Gross premiums written	15,513	15,076	47,215	46,242
Reinsurance premium ceded	(1,745)	(1,762)	(4,465)	(5,319)
Net premiums written	13,768	13,314	42,750	40,923
P&C Insurance Operations [Member] | Dwelling Fire & Extended Coverage [Member]
Segment Reporting Information [Line Items]
Gross premiums written	8,793	8,340	26,975	25,888
P&C Insurance Operations [Member] | Homeowners (Including Mobile Homeowners) [Member]
Segment Reporting Information [Line Items]
Gross premiums written	6,220	6,261	18,686	18,889
P&C Insurance Operations [Member] | Other Liability [Member]
Segment Reporting Information [Line Items]
Gross premiums written	$ 500	$ 475	$ 1,554	$ 1,465

Segments (Schedule of Gross a66

Segments (Schedule of Gross and Net Premiums Earned) (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Segment Reporting Information [Line Items]
Gross premiums earned	$ 16,701	$ 16,159	$ 49,370	$ 47,675
Reinsurance premium ceded	(1,597)	(1,785)	(4,680)	(5,377)
Net premiums earned	15,104	14,374	44,690	42,298
Life Insurance Operations [Member]
Segment Reporting Information [Line Items]
Gross premiums earned	1,709	1,640	4,927	4,959
Reinsurance premium ceded	(19)	(23)	(49)	(58)
Net premiums earned	1,690	1,617	4,878	4,901
Life Insurance Operations [Member] | Traditional Life Insurance [Member]
Segment Reporting Information [Line Items]
Gross premiums earned	1,111	1,080	3,488	3,537
Life Insurance Operations [Member] | Accident and Health Insurance [Member]
Segment Reporting Information [Line Items]
Gross premiums earned	598	560	1,439	1,422
P&C Insurance Operations [Member]
Segment Reporting Information [Line Items]
Gross premiums earned	14,992	14,519	44,443	42,716
Reinsurance premium ceded	(1,578)	(1,762)	(4,631)	(5,319)
Net premiums earned	13,414	12,757	39,812	37,397
P&C Insurance Operations [Member] | Dwelling Fire & Extended Coverage [Member]
Segment Reporting Information [Line Items]
Gross premiums earned	8,547	8,147	25,150	23,727
P&C Insurance Operations [Member] | Homeowners (Including Mobile Homeowners) [Member]
Segment Reporting Information [Line Items]
Gross premiums earned	5,957	5,914	17,860	17,661
P&C Insurance Operations [Member] | Other Liability [Member]
Segment Reporting Information [Line Items]
Gross premiums earned	$ 488	$ 458	$ 1,433	$ 1,328

Supplemental Cash Flow Inform67

Supplemental Cash Flow Information (Details) - USD ($)	9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014
Supplemental Cash Flow Elements [Abstract]
Interest paid	$ 842,000	$ 847,000
Income taxes paid	1,546,000	$ 248,000
Noncash Transaction, Common Stock Issued	4,000
Adjustments to Additional Paid in Capital, Other	$ 74,000