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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Cash flows from operating activities:    
Net cash provided by operating activities $ 34,894,323 $ 18,383,768
Cash flows from investing activities:    
Purchases of fixed maturity securities (45,346,681) (50,158,586)
Sales, calls and maturities of fixed maturity securities 89,829,379 33,160,924
Purchases of equity securities (2,769,612) (6,464,200)
Sales of equity securities 2,018,249 5,891,964
Purchases of restricted assets (2,536,814) (1,836,290)
Sales, calls and maturities of restricted assets 1,171,707 387,049
Purchases of cemetery perpetual care trust investments (2,487,924) (493,833)
Sales, calls and maturities of perpetual care trust investments 2,383,653 177,932
Mortgage loans held for investment, other investments and policy loans made (549,027,246) (467,172,350)
Payments received for mortgage loans held for investment, other investments and policy loans 540,583,700 532,511,486
Purchases of property and equipment (575,648) (791,569)
Sales of property and equipment 365,693
Purchases of real estate (46,189,096) (17,219,245)
Sales of real estate 28,385,283 25,727,541
Net cash provided by investing activities 15,804,643 53,720,823
Cash flows from financing activities:    
Investment contract receipts 10,193,442 9,323,700
Investment contract withdrawals (11,520,918) (11,657,189)
Proceeds from stock options exercised 116,592 64,959
Purchases of treasury stock (1,672,232) (2,843,365)
Repayment of bank loans (1,423,826) (69,133,305)
Proceeds from bank loans 68,500,000
Net change in warehouse line borrowings for loans held for sale 2,622,976 (52,720,401)
Net cash used in financing activities (1,683,966) (58,465,601)
Net change in cash, cash equivalents, restricted cash and restricted cash equivalents 49,015,000 13,638,990
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 188,938,399 147,122,807
Cash paid during the year for:    
Interest 3,124,591 4,182,368
Income taxes (net of refunds) 6,877,342 18,911,907
Non Cash Operating, Investing and Financing Activities:    
Right-of-use assets obtained in exchange for operating lease liabilities 1,130,610 139,095
Benefit plans funded with treasury stock 981,680 1,702,781
Loans held for sale foreclosed into real estate held for sale 858,977
Right-of-use assets obtained in exchange for finance lease liabilities 176,040 12,332
Transfer of loans held for sale to mortgage loans held for investment 3,017,626
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 170,706,542 134,751,854
Restricted assets 15,232,601 10,946,379
Cemetery perpetual care trust investments $ 2,999,256 $ 1,424,574