|
|
 |
|
|
|
|
2007
|
2006
|
|
Gross Premiums Earned
|
$16,873,339
|
$16,135,139
|
|
Investment Income
|
$2,706,264
|
$2,426,347
|
|
Benefits, Expenses & Taxes
|
$16,500,362
|
$14,527,327
|
|
Net Income
|
$3,079,241
|
$4,034,159
|
|
Condensed Balance Sheet
as of December 31
|
|
|
2007
|
2006
|
|
Cash & Investments
|
$55,671,457
|
$52,066,532
|
|
Deferred Policy Acquisition Costs
|
9,243,928
|
8,828,466
|
|
Other Assets
|
4,437,061
|
2,157,922
|
|
Total Assets
|
$69,352,446
|
$63,052,920
|
|
Benefit Reserves
|
$37,485,418
|
$34,890,759
|
|
Other Liabilities
|
20,036,446
|
3,459,857
|
|
Total Liabilities
|
$57,521,864
|
$38,350,616
|
|
Shareholders’ Equity
|
$11,830,582
|
$24,702,304
|
|
Total Liabilities and Shareholders’ Equity
|
$69,352,446
|
$63,052,920
|
|
|
