Financial Summary
ASSETS 2009 2008
Cash in Banks $301,171 $483,422
Bonds $763,719 $633,059
Stocks (Market Value) $620,207 $552,192
Premium Balances $551,189 $572,743
Real Estate $319,959 $330,343
Other Assets $185,720 $196,057
TOTAL $2,741,965 $2,767,816
     
LIABILITIES 2009 2008
Reserve for Unearned Premium $339,314 $352,871
Reserve for Losses & Adjusting $189,862 $201,138
Reserve for All Other Liabilities $337,647 $459,835
Total $866,823 $1,013,844
Policyholders Security Account $1,875,142 $1,753,972
TOTAL $2,741,965 $2,767,816
 
OPERATING RESULTS 2009 2008
Premiums Earned $553,226 $580,284
Losses Incurred $336,754 $371,570
Loss Adjusting Expense $42,033 $41,990
Underwriting Expense $240,962 $211,224
RESULTS FROM UNDERWRITING ($66,523) ($44,500)
     
Investment and Other Income $50,943 $67,084
Realized Capital Gains (Losses) ($59,126) ($16,334)
Unrealized Capital Gains (Losses) $180,742 ($263,137)
Capital Adjustments $15,134 ($74,401)
RESULTS FROM INVESTMENTS $187,693 ($286,788)
Federal Income Tax Incurred - -
Net Gain (Loss) $121,170 ($331,288)
POLICY HOLDERS SECURITY ACCOUNT $1,875,142 $1,753,972
Last Modified: Tuesday, 02-Mar-2010 12:35:05 Eastern Standard Time