|
|
 |
|
|
|
|
2006
|
2005
|
|
Gross Premiums Earned
|
$16,135,139
|
$15,544,526
|
|
Investment Income
|
$2,426,347
|
$2,064,504
|
|
Benefits, Expenses & Taxes
|
$14,527,327
|
$15,266,823
|
|
Net Income
|
$4,034,159
|
$2,342,207
|
|
Condensed Balance Sheet
as of December 31
|
|
|
2006
|
2005
|
|
Cash & Investments
|
$52,066,532
|
$46,373,843
|
|
Deferred Policy Acquisition Costs
|
8,828,466
|
8,147,222
|
|
Other Assets
|
2,157,922
|
1,469,723
|
|
Total Assets
|
$63,052,920
|
$55,990,788
|
|
Benefit Reserves
|
$34,890,759
|
$31,938,630
|
|
Other Liabilities
|
3,459,857
|
3,384,013
|
|
Total Liabilities
|
$38,350,616
|
$35,322,643
|
|
Shareholders’ Equity
|
$24,702,304
|
$20,668,145
|
|
Total Liabilities and Shareholders’ Equity
|
$63,052,920
|
$55,990,788
|
|
|
