Financial Summary

ASSETS	2010	2009
Cash in Banks	$368,288	$450,460
Bonds	$811,655	$912,884
Stocks (Market Value)	$1,715,765	$1,386,993
Premium Balances	$275,437	$292,145
Real Estate	$119,933	$125,083
Other Assets	$146,568	$83,643
TOTAL	$3,437,646	$3,251,208
LIABILITIES	2010	2009
Reserve for Unearned Premium	$170,168	$177,971
Reserve for Losses & Adjusting	$93,997	$138,190
Reserve for All Other Liabilities	$155,650	$194,064
Total	$419,815	$510,225
Policyholders Security Account	$3,017,831	$2,740,983
TOTAL	$3,437,646	$3,251,208
OPERATING RESULTS	2010	2009
Premiums Earned	$265,335	$280,605
Losses Incurred	$174,518	$149,552
Loss Adjusting Expense	$23,817	$22,282
Underwriting Expense	$81,492	$81,521
RESULTS FROM UNDERWRITING	($14,492)	$27,250
Investment and Other Income	$69,167	$94,248
Realized Capital Gains (Losses)	($8,883)	($219,490)
Unrealized Capital Gains (Losses)	$165,724	$434,014
Capital Adjustments	$65,559	$2,893
RESULTS FROM INVESTMENTS	$291,567	$311,665
Federal Income Tax Incurred	$227	$7,190
Net Gain (Loss)	$276,848	$331,725
POLICYHOLDERS SECURITY ACCOUNT	$3,017,831	$2,740,983

Last Modified: Monday, 21-Feb-2011 16:05:40 Eastern Standard Time