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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
Sep. 30, 2025
Dec. 31, 2024
Investments:    
Fixed maturity securities, available for sale, at estimated fair value (amortized cost of $388,640,665 and $376,012,071 for 2025 and 2024, respectively; net of allowance for credit losses of $532,868 and $420,993 for 2025 and 2024, respectively) $ 389,193,589 $ 366,546,129
Equity securities at estimated fair value (cost of $12,128,914 and $11,386,454 for 2025 and 2024, respectively) 17,691,024 15,771,681
Mortgage loans held for investment (net of allowance for credit losses of $2,677,001 and $1,885,390 for 2025 and 2024, respectively) 329,164,691 301,747,358
Real estate held for investment (net of accumulated depreciation of $35,724,258 and $31,419,539 for 2025 and 2024, respectively) 216,563,881 197,693,338
Real estate held for sale 1,619,403 1,278,033
Other investments and policy loans (net of allowance for credit losses of $1,534,957 and $1,536,926 for 2025 and 2024, respectively) 83,124,030 74,855,041
Accrued investment income 9,746,368 8,499,168
Total investments 1,047,102,986 966,390,748
Cash and cash equivalents 100,396,059 140,546,421
Loans held for sale at estimated fair value 159,460,525 131,181,148
Receivables (net of allowance for credit losses of $1,542,731 and $1,678,531 for 2025 and 2024, respectively) 15,098,066 15,858,743
Restricted assets (including $15,016,744 and $12,323,535 for 2025 and 2024 respectively, at estimated fair value) 31,673,039 23,806,836
Cemetery perpetual care trust investments (including $6,154,575 and $5,689,706 for 2025 and 2024, respectively, at estimated fair value) 9,685,678 8,836,503
Receivable from reinsurers 13,721,510 13,831,093
Cemetery land and improvements 11,160,991 10,594,632
Deferred policy and pre-need contract acquisition costs 122,311,900 122,661,298
Mortgage servicing rights, net 2,616,372 2,939,878
Property and equipment, net 18,746,096 19,047,688
Value of business acquired 6,587,339 7,491,600
Goodwill 5,253,783 5,253,783
Other 19,171,747 21,366,843
Total Assets 1,562,986,091 1,489,807,214
Liabilities    
Future policy benefits and unpaid claims 965,878,450 944,811,843
Unearned premium reserve 1,863,566 2,011,679
Bank and other loans payable 123,096,234 106,740,104
Deferred pre-need cemetery and mortuary contract revenues 22,234,892 20,168,405
Cemetery perpetual care obligation 5,838,879 5,642,693
Accounts payable 5,536,098 2,937,293
Other liabilities and accrued expenses 57,177,453 55,633,661
Income taxes 15,978,661 13,079,257
Total liabilities 1,197,604,233 1,151,024,935
Stockholders’ Equity    
Preferred Stock - non-voting - $1.00 par value; 5,000,000 shares authorized; none issued or outstanding
Additional paid-in capital 89,438,415 79,698,367
Accumulated other comprehensive gain (loss), net of taxes 826,844 (6,951,266)
Retained earnings 232,857,565 225,359,186
Treasury stock at cost - 1,180,564 Class A shares and 104,604 Class C shares as of September 30, 2025; and 1,080,243 (1) Class A shares and 104,604 (1) Class C shares as of December 31, 2024 (9,705,930) (8,477,686)
Total stockholders’ equity 365,381,858 338,782,279
Total Liabilities and Stockholders’ Equity 1,562,986,091 1,489,807,214
Common Class A [Member]    
Stockholders’ Equity    
Common stock, value 44,790,490 42,510,012
Common Class B [Member]    
Stockholders’ Equity    
Common stock, value
Common Class C [Member]    
Stockholders’ Equity    
Common stock, value $ 7,174,474 $ 6,643,666