|
Financials
Condensed Consolidated Financial Exhibits
| |
|
| |
| Cash and Short-Term Investments |
$20,492,509 |
|
$20,136,495 |
| Long Term Bonds |
203,772,304 |
|
204,961,798 |
| Stocks |
74,716,842 |
|
65,894,667 |
| Real Estate |
3,164,573 |
|
2,978,775 |
| Premium Balances Less Reinsurance |
28,179,062 |
|
28,630,248 |
| Other Assets |
5,519,613 |
|
4,123,581 |
| |
| |
Total Assets |
$335,844,903 |
|
$326,725,564 |
| |
| Unpaid Loss & Loss Adjustment Expense Reserve |
$121,463,052 |
|
$115,708,372 |
| Reserve for Unearned Premiums |
51,758,077 |
|
52,384,629 |
| Underwriting Expense Reserves and Other Liabilities |
15,292,713 |
|
16,028,052 |
| |
| |
Total Liabilities |
$188,513,842 |
|
$184,121,053 |
| |
| |
Total Policyholders' Surplus |
$147,331,061 |
|
$142,604,511 |
| |
| |
Total Liabilities & Policyholders' Surplus |
$335,844,903 |
|
$326,725,564 |
| |
| |
| |
|
| |
| Net (Loss) Gain from Underwriting |
($13,148,597) |
|
$6,243,452 |
| Ordinary Investment Income |
$8,017,321 |
|
$8,258,320 |
| |
| |
Net (Loss) Income before Federal Income Tax |
(312,864) |
|
$16,197,072 |
| |
| |
| |
