|
ASSETS |
2011 |
2010 |
2009 |
|
U.S.
Government & Agency Bonds - Amortized |
83,506,186 |
84,529,278 |
90,653,267 |
|
Corporate Bonds - Amortized Value |
91,029,263 |
69,864,160 |
65,386,571 |
|
Municipal Bonds - Amortized Value |
56,292,332 |
53,154,222 |
45,307,222 |
|
Stocks
- Market Value |
85,548,141 |
91,839,400 |
76,732,375 |
|
Real
Estate - Depreciated Value |
4,877,152 |
5,144,333 |
5,214,740 |
|
Cash in
Banks |
11,256,299 |
18,271,379 |
16,738,204 |
|
Premiums Receivable |
27,215,638 |
22,821,838 |
18,380,510 |
|
Accrued
Interest and Other Assets |
4,037,106 |
3,539,454 |
6,056,924 |
|
TOTAL
ASSETS |
363,762,118 |
349,164,064 |
324,469,813 |
| |
|
|
|
|
LIABILITIES |
|
|
|
|
Losses
in Process of Adjustment |
64,142,130 |
62,831,316 |
64,357,242 |
|
Unearned Premiums |
68,442,888 |
62,627,153 |
56,364,296 |
|
Other Liabilities |
15,773,951 |
15,854,823 |
11,850,891 |
|
TOTAL
LIABILITIES |
148,358,968 |
141,313,293 |
132,572,429 |
| |
|
|
|
|
Reserve
for Policyholder's Protection |
215,403,150 |
207,850,772 |
191,897,384 |
|
TOTAL |
363,762,118 |
349,164,064 |
324,469,813 |
|
DIRECT
PREMIUMS WRITTEN |
173,355,590 |
164,491,556 |
151,359,374 |
|
LOSSES
INCURRED |
95,383,606 |
86,495,152 |
86,866,795 |
|
|
