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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Cash flows from operating activities:    
Net cash provided by operating activities $ 8,104,137 $ 2,181,039
Cash flows from investing activities:    
Purchases of fixed maturity securities (34,437,326) (28,549,767)
Sales, calls and maturities of fixed maturity securities 65,265,141 19,851,603
Purchases of equity securities (2,658,514) (5,949,902)
Sales of equity securities 1,996,963 5,430,156
Purchases of restricted assets (1,116,336) (1,148,199)
Sales, calls and maturities of restricted assets 483,871 64,746
Purchases of cemetery perpetual care trust investments (49,443) (355,152)
Sales, calls and maturities of perpetual care trust investments 122,773 91,504
Mortgage loans held for investment, other investments and policy loans made (364,394,871) (326,286,179)
Payments received for mortgage loans held for investment, other investments and policy loans 352,904,166 369,206,657
Purchases of property and equipment (423,139) (527,285)
Sales of property and equipment 377,521 10,973
Purchases of real estate (27,823,031) (3,971,593)
Sales of real estate 23,136,542 20,684,319
Net cash provided by investing activities 13,384,317 48,551,881
Cash flows from financing activities:    
Investment contract receipts 6,775,570 6,103,142
Investment contract withdrawals (7,864,720) (7,663,735)
Proceeds from stock options exercised 46,182 38,879
Purchases of treasury stock (1,629,135) (2,591,416)
Repayment of bank loans (939,619) (68,658,021)
Proceeds from bank loans 66,000,000
Net change in warehouse line borrowings for loans held for sale (1,114,584) (55,805,126)
Net cash used in financing activities (4,726,306) (62,576,277)
Net change in cash, cash equivalents, restricted cash and restricted cash equivalents 16,762,148 (11,843,357)
Cash, cash equivalents, restricted cash and restricted cash equivalents at beginning of period 139,923,399 133,483,817
Cash, cash equivalents, restricted cash and restricted cash equivalents at end of period 156,685,547 121,640,460
Cash paid during the year for:    
Interest 2,107,045 3,056,099
Income taxes (net of refunds) 3,024,742 17,458,807
Non Cash Operating, Investing and Financing Activities:    
Transfer of loans held for sale to mortgage loans held for investment 1,867,552 1,150,074
Right-of-use assets obtained in exchange for operating lease liabilities 1,130,610 139,095
Loans held for sale foreclosed into real estate held for sale 858,977
Benefit plans funded with treasury stock 735,930 1,145,864
Right-of-use assets obtained in exchange for finance lease liabilities 12,332
Transfer from mortgage loans held for investment to restricted assets 1,625,961
Transfer from mortgage loans held for investment to cemetery perpetual care trust investments 1,611,550
Cash and cash equivalents 143,632,984 110,285,941
Restricted assets 11,849,488 10,276,918
Cemetery perpetual care trust investments $ 1,203,075 $ 1,077,601