XML 81 R69.htm IDEA: XBRL DOCUMENT v3.25.3
Schedule of Revenues and Expenses by Reportable Segment (Details) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2025
Jun. 30, 2025
Mar. 31, 2025
Sep. 30, 2024
Jun. 30, 2024
Mar. 31, 2024
Sep. 30, 2025
Sep. 30, 2024
Segment Reporting Information [Line Items]                
Revenue from external customers $ 66,160,972     $ 67,049,504     $ 194,978,634 $ 193,030,779
Net investment income 20,109,600     17,799,096     59,893,212 55,790,472
Gains on investments and other assets 1,972,198     1,347,656     3,700,926 2,639,843
Other revenues 1,083,393     2,077,431     3,034,263 3,792,127
Intersegment revenues 2,206,115     2,289,697     5,719,409 6,036,375
Total segment revenues 91,532,278     90,563,384     267,326,444 261,289,596
Elimination of intersegment revenues (2,206,115)     (2,289,697)     (5,719,409) (6,036,375)
Total consolidated revenues 89,326,163     88,273,687     261,607,035 255,253,221
Death benefits 15,182,809     13,570,336     46,249,912 43,354,254
Surrenders and other policy benefits 1,374,289     1,194,692     3,807,498 3,453,425
Increase in future policy benefits 8,376,973     8,589,354     26,165,160 27,148,178
Amortization of deferred policy and pre-need acquisition costs and value of business acquired 5,533,421     2,287,003     15,967,631 11,332,305
Selling, general and administrative expenses:                
Commissions 13,054,117     13,204,406     36,957,836 34,638,464
Personnel 21,519,038     21,249,554     65,872,791 61,907,265
Advertising 983,291     907,528     2,747,684 2,381,400
Rent and rent related 947,664     1,380,076     2,873,414 4,078,792
Depreciation on property and equipment 607,300     611,475     1,821,453 1,791,823
Cost related to funding mortgage loans 1,813,814     1,694,791     5,120,855 4,677,767
Costs of goods and services sold-mortuaries and cemeteries 1,113,425     1,117,513     3,525,978 3,627,101
Income tax expense (benefit) 2,337,926     3,383,238     5,400,792 7,646,071
Segment net earnings (loss) 7,815,026     11,831,444     18,659,673 26,577,515
Net earnings 7,815,026 $ 6,506,355 $ 4,338,292 11,831,444 $ 7,271,549 $ 7,474,522 18,659,673 26,577,515
Segment assets 1,598,481,116     1,523,129,135     1,598,481,116 1,523,129,135
Elimination of intersegment assets (35,495,025)     (28,304,940)     (35,495,025) (28,304,940)
Total consolidated assets 1,562,986,091     1,494,824,195     1,562,986,091 1,494,824,195
Expenditures for long-lived assets             54,798,925 46,764,744
Life Insurance [Member]                
Segment Reporting Information [Line Items]                
Revenue from external customers 29,880,785     30,011,081     89,846,164 89,823,732
Net investment income 19,278,861     17,105,712     57,909,679 52,902,146
Gains on investments and other assets 1,258,854     1,316,673     2,422,649 2,194,572
Other revenues 371,667     419,890     1,422,933 1,140,856
Intersegment revenues 2,044,534     2,066,052     5,192,800 5,351,600
Total segment revenues 52,834,701     50,919,408     156,794,225 151,412,906
Death benefits 15,182,809     13,570,336     46,249,912 43,354,254
Surrenders and other policy benefits 1,374,289     1,194,692     3,807,498 3,453,425
Increase in future policy benefits 8,376,973     8,589,354     26,165,160 27,148,178
Amortization of deferred policy and pre-need acquisition costs and value of business acquired 5,329,768     2,093,892     15,436,601 10,708,888
Selling, general and administrative expenses:                
Commissions 1,327,707     953,987     3,266,908 2,817,716
Personnel 8,679,182     7,462,332     25,602,668 21,979,252
Advertising 172,623     177,329     398,893 400,206
Rent and rent related 86,781     103,137     265,531 332,764
Depreciation on property and equipment 217,990     248,914     680,675 698,173
Cost related to funding mortgage loans        
Data processing and IT related 334,212 [1]     210,002 [2]     882,143 [3] 633,130 [4]
Premium taxes on insurance premiums and other considerations 751,520 [1]     739,809 [2]     2,203,794 [3] 2,260,033 [4]
Other segment items 2,884,733 [1],[5]     2,061,764 [2],[6]     7,911,917 [3],[7] 6,100,295 [4],[8]
Intersegment expenses 161,581 [9]     223,434 [10]     526,395 [11] 683,672 [12]
Interest expense 912,232     932,239     2,812,509 2,790,510
Costs of goods and services sold-mortuaries and cemeteries        
Income tax expense (benefit) 1,534,528     2,651,944     4,526,820 6,017,032
Segment net earnings (loss) 5,507,773     9,706,243     16,056,801 22,035,378
Segment assets 1,403,748,846     1,329,401,728     1,403,748,846 1,329,401,728
Expenditures for long-lived assets             53,325,905 46,317,358
Cemetery/Mortuary [Member]                
Segment Reporting Information [Line Items]                
Revenue from external customers 7,140,942     6,814,331     21,698,880 21,531,769
Net investment income 641,814     477,833     1,528,492 2,136,982
Gains on investments and other assets 711,884     1,124,513     1,193,030 1,503,865
Other revenues 432,894     126,000     766,987 435,507
Intersegment revenues 85,699     85,699     254,302 255,234
Total segment revenues 9,013,233     8,628,376     25,441,691 25,863,357
Death benefits        
Surrenders and other policy benefits        
Increase in future policy benefits        
Amortization of deferred policy and pre-need acquisition costs and value of business acquired 203,653     193,111     531,030 623,417
Selling, general and administrative expenses:                
Commissions 53,382     268,499     841,828 1,047,105
Personnel 2,689,765     2,483,960     7,901,569 7,346,938
Advertising 174,285     159,117     468,503 437,731
Rent and rent related 38,902     39,324     112,896 118,753
Depreciation on property and equipment 233,853     205,529     669,398 620,861
Cost related to funding mortgage loans        
Data processing and IT related 78,005 [1]     62,314 [2]     222,937 [3] 183,300 [4]
Premium taxes on insurance premiums and other considerations [1]     [2]     [3] [4]
Other segment items 1,299,434 [1],[5]     1,167,856 [2],[6]     3,834,468 [3],[7] 3,596,281 [4],[8]
Intersegment expenses 83,359 [9]     90,613 [10]     255,285 [11] 276,933 [12]
Interest expense 136     194     446 650
Costs of goods and services sold-mortuaries and cemeteries 1,113,425     1,117,513     3,525,978 3,627,101
Income tax expense (benefit) 757,700     716,898     1,722,410 2,025,774
Segment net earnings (loss) 2,287,334     2,123,448     5,354,943 5,958,513
Segment assets 105,083,649     94,063,898     105,083,649 94,063,898
Expenditures for long-lived assets             1,176,244 300,393
Mortgage [Member]                
Segment Reporting Information [Line Items]                
Revenue from external customers 29,139,245     30,224,092     83,433,590 81,675,278
Net investment income 188,925     215,551     455,041 751,344
Gains on investments and other assets 1,460     (1,093,530)     85,247 (1,058,594)
Other revenues 278,832     1,531,541     844,343 2,215,764
Intersegment revenues 75,882     137,946     272,307 429,541
Total segment revenues 29,684,344     31,015,600     85,090,528 84,013,333
Death benefits        
Surrenders and other policy benefits        
Increase in future policy benefits        
Amortization of deferred policy and pre-need acquisition costs and value of business acquired        
Selling, general and administrative expenses:                
Commissions 11,673,028     11,981,920     32,849,100 30,773,643
Personnel 10,150,091     11,303,262     32,368,554 32,581,075
Advertising 636,383     571,082     1,880,288 1,543,463
Rent and rent related 821,981     1,237,615     2,494,987 3,627,275
Depreciation on property and equipment 155,457     157,032     471,380 472,789
Cost related to funding mortgage loans 1,813,814     1,694,791     5,120,855 4,677,767
Data processing and IT related 913,247 [1]     813,729 [2]     2,690,366 [3] 2,618,662 [4]
Premium taxes on insurance premiums and other considerations [1]     [2]     [3] [4]
Other segment items 1,339,391 [1],[5]     1,136,150 [2],[6]     5,211,239 [3],[7] 4,085,217 [4],[8]
Intersegment expenses 1,961,175 [9]     1,975,650 [10]     4,937,729 [11] 5,075,770 [12]
Interest expense 154,160     128,220     666,539 370,783
Costs of goods and services sold-mortuaries and cemeteries        
Income tax expense (benefit) 45,698     14,396     (848,438) (396,735)
Segment net earnings (loss) 19,919     1,753     (2,752,071) (1,416,376)
Segment assets $ 89,648,621     $ 99,663,509     89,648,621 99,663,509
Expenditures for long-lived assets             $ 296,776 $ 146,993
[1] Included in other expenses on the condensed consolidated statements of earnings. Data processing and IT related
[2] Included in other expenses on the condensed consolidated statements of earnings. Data processing and IT related expenses includes various software subscriptions, maintenance, consulting, support and storage fees.
[3] Included in other expenses on the condensed consolidated statements of earnings. Data processing and IT related expenses includes various software subscriptions, maintenance, consulting, support and storage fees.
[4] Included in other expenses on the condensed consolidated statements of earnings. Data processing and IT related expenses includes various software subscriptions, maintenance, consulting, support and storage fees.
[5] For each reportable segment, other segment items includes:
[6] For each reportable segment, other segment items includes:
[7] For each reportable segment, other segment items includes:
[8] For each reportable segment, other segment items includes:
[9] For each reportable segment, intersegment expenses includes:
[10] For each reportable segment, intersegment expenses includes:
[11] For each reportable segment, intersegment expenses includes:
[12] For each reportable segment, intersegment expenses includes: