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Consolidated Balance Sheets - USD ($)
Dec. 31, 2024
Dec. 31, 2023
Investments:    
Fixed maturity securities, available for sale, at estimated fair value  (amortized cost of $376,012,071 and $390,884,441 for 2024 and 2023,  respectively; net of allowance for credit losses of $420,993 and  $314,549 for 2024 and 2023, respectively) $ 366,546,129 $ 381,535,986
Equity securities at estimated fair value (cost of $11,386,454 and  $10,571,505 for 2024 and 2023, respectively) 15,771,681 13,636,071
Mortgage loans held for investment (net of allowance for credit losses  of $1,885,390 and $3,818,653 for 2024 and 2023, respectively) 301,747,358 275,616,837
Real estate held for investment (net of accumulated depreciation  of $31,419,539 and $29,307,791 for 2024 and 2023, respectively) 197,693,338 183,419,292
Real estate held for sale 1,278,033 3,028,973
Other investments and policy loans (net of allowances for credit losses  of $1,536,926 and $1,553,836 for 2024 and 2023, respectively) 74,855,041 69,404,617
Accrued investment income 8,499,168 10,170,790
Total investments 966,390,748 936,812,566
Cash and cash equivalents 140,546,421 126,941,658
Loans held for sale at estimated fair value 131,181,148 126,549,190
Receivables (net of allowance for credit losses of $1,678,531 and  $1,897,887 for 2024 and 2023, respectively) 15,858,743 15,335,315
Restricted assets (including $12,323,535 and $9,239,063 for 2024 and  2023, respectively, at estimated fair value) 23,806,836 20,028,976
Cemetery perpetual care trust investments (including $5,689,706 and  $4,969,005 for 2024 and 2023, respectively, at estimated fair value) 8,836,503 8,082,917
Receivable from reinsurers 13,831,093 14,857,059
Cemetery land and improvements 10,594,632 9,163,691
Deferred policy and pre-need contract acquisition costs 122,661,298 116,351,067
Mortgage servicing rights, net 2,939,878 3,461,146
Property and equipment, net 19,047,688 19,175,099
Value of business acquired 7,491,600 8,467,613
Goodwill 5,253,783 5,253,783
Other 21,366,843 20,072,195
Total Assets 1,489,807,214 1,430,552,275
Liabilities    
Future policy benefits and unpaid claims 944,811,843 916,038,616
Unearned premium reserve 2,011,679 2,543,822
Bank and other loans payable 106,740,104 105,555,137
Deferred pre-need cemetery and mortuary contract revenues 20,168,405 18,237,246
Cemetery perpetual care obligation 5,642,693 5,326,196
Accounts payable 2,937,293 2,936,968
Other liabilities and accrued expenses 55,633,661 53,266,090
Income taxes 13,079,257 13,752,981
Total liabilities 1,151,024,935 1,117,657,056
Stockholders’ Equity    
Preferred stock - non-voting-$1.00 par value; 5,000,000 shares authorized;  none issued or outstanding
Additional paid-in capital 79,698,367 72,424,429
Accumulated other comprehensive loss, net of taxes (6,951,266) (6,885,558)
Retained earnings 225,359,186 206,978,373
Treasury stock, at cost - 1,025,784 Class A shares and 99,623 Class C shares  as of December 31, 2024; and 852,338 (1) Class A shares and 35,503 (1)  Class C shares as of December 31, 2023 (8,477,686) (5,661,737)
Total stockholders’ equity 338,782,279 312,895,219
Total Liabilities and Stockholders’ Equity 1,489,807,214 1,430,552,275
Common Class A [Member]    
Stockholders’ Equity    
Common stock value 42,510,012 40,096,004
Common Class B [Member]    
Stockholders’ Equity    
Common stock value
Common Class C [Member]    
Stockholders’ Equity    
Common stock value $ 6,643,666 $ 5,943,708