|
| |
|
|
2007 Financial Statement:
|
|
Assets |
2007 |
2006 |
|
Cash and Short-term Investments |
$7,668,736 |
$8,064,346 |
|
Bonds |
71076132 |
61,095,768 |
|
Stocks |
14960174 |
14,322,935 |
|
Real Estate |
1,320,805 |
1,401,191 |
|
Premiums in Course of Collection |
6,257,992 |
6,304,109 |
|
Interest Due and Accrued |
683,976 |
589,545 |
|
All Other Assets |
2,577,783 |
2,863,826 |
|
|
|
|
|
Total Admitted
Assets |
$104,545,598 |
$94,641,720 |
|
|
|
|
|
|
|
|
|
Liabilities |
|
|
|
|
|
|
|
Unearned Premiums |
$26,044,035 |
$25,556,559 |
|
Reserve for Losses |
20,012,660 |
18,972,607 |
|
Reserve for Loss Adjustment |
|
|
|
Expense |
3,963,905 |
3,802,763 |
|
All Other Liabilities |
6,069,224 |
4,704,849 |
|
|
|
|
|
Total Liabilities |
$56,089,824 |
$53,036,778 |
|
|
|
|
|
|
|
|
|
Surplus Account |
|
|
|
|
|
|
|
Special Contingent Surplus |
$886,364 |
$886,364 |
|
Surplus Note |
3,000,000 |
3,000,000 |
|
Unassigned Surplus |
44,569,410 |
37,718,578 |
|
Policyholder's Security Fund |
$48,455,774 |
$41,604,942 |
|
|
|
|
|
Total Liabilities and Surplus |
$104,545,598 |
$94,641,720 |
|
|
|
|
|
|
|
|
|
|
|
|
|
