Statutory Statements of Admitted Assets, Liabilities and Policyholders' Surplus
Statutory Statements of Income > Admitted Assets, Liabilities and Policyholders' Surplus > Financial Charts >
| As of December 31, | ||
| Admitted Assets | 2012 | 2011 |
| Cash and investments: | ||
| Bonds, at amortized cost | ||
| ( market 2012: $50,993,662; 2011: $48,483,546 ) | $47,894,430 | $46,150,863 |
| Preferred stocks, at amortized cost | ||
| ( market 2012: $2,445,400; 2011: $2,463,460 ) | 1,331,551 | 2,336,165 |
| Preferred stocks, at market | ||
| (amortized cost 2012: $1,299,609; 2011: $803,463 ) | 2,185,779 | 781,230 |
| Common stocks, at market | ||
| ( cost 2012: $9,396,933; 2011: $12,639,676 ) | 13,595,996 | 15,700,850 |
| Cash and short-term investments | 12,328,912 | 4,866,578 |
| Other invested assets | 3,795,017 | 4,254,781 |
| Receivable for securities | - | 235,383 |
| Cash and investments | 81,131,685 | 74,325,850 |
| Interest and dividend income due and accrued | 570,286 | 587,530 |
| Premiums in course of collection | 2,082,775 | 2,127,832 |
| Reinsurance recoverables on claim payments | 15,648 | 158,429 |
| Other amounts receivable under reinsurance contracts | 797,692 | 870,959 |
| Current Net Federal income tax recoverable | 382,850 | 1,825,700 |
| Deferred Net Federal income tax asset | 625,357 | 1,408,000 |
| Electronic data processing equipment and software, net of accumulated | ||
| depreciation ( 2012: $240,530; 2011: $227,661 ) | 39,410 | 31,764 |
| Receivable from subsidiary | 213,161 | 428,401 |
| Other | 168,913 | 22,629 |
| Total assets | $86,027,777 | $81,787,094 |
| Liabilities and Policyholders'Surplus | 2012 | 2011 |
| Liabilities: | ||
| Unpaid losses | $13,255,482 | $15,153,489 |
| Unpaid loss adjustment expenses | 12,307,978 | 12,209,891 |
| Taxes, licenses, fees and other expenses payable | 1,000,363 | 548,987 |
| Unearned premiums | 6,512,804 | 6,451,066 |
| Advance premiums | 648,839 | 778,097 |
| Dividends declared and unpaid | 1,054,679 | 1,048,000 |
| Ceded reinsurance premiums payable, net of ceding commissions | 524,844 | 636,479 |
| Funds held by company under reinsurance treaties | 49,902 | 26,916 |
| Amounts withheld by company for account of others | 74,369 | 207,208 |
| Provision for reinsurance | 2,505 | 4,188 |
| Payable for securities | 29,400 | 19,800 |
| Unearned installment charges | 83,953 | 62,353 |
| Total liabilities | 35,545,118 | 37,146,474 |
| Policyholders' Surplus: | ||
| Total Policyholders' Surplus | 50,482,659 | 44,640,620 |
| Total liabilities and Policyholders' Surplus | $86,027,777 | $81,787,094 |