XML 19 R7.htm IDEA: XBRL DOCUMENT v3.25.3
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Cash flows from operating activities:    
Net cash provided by operating activities $ 27,552,994 $ 34,894,323
Cash flows from investing activities:    
Purchases of fixed maturity securities (63,091,501) (45,346,681)
Sales, calls and maturities of fixed maturity securities 49,800,384 89,829,379
Purchases of equity securities (4,245,856) (2,769,612)
Sales of equity securities 3,814,374 2,018,249
Purchases of restricted assets (5,191,557) (2,536,814)
Sales, calls and maturities of restricted assets 3,323,223 1,171,707
Purchases of cemetery perpetual care trust investments (990,234) (2,487,924)
Sales, calls and maturities of perpetual care trust investments 1,896,777 2,383,653
Mortgage loans held for investment, other investments and policy loans made (652,228,219) (549,027,246)
Payments received for mortgage loans held for investment, other investments and policy loans 615,698,100 540,583,700
Purchases of property and equipment (1,591,486) (575,648)
Sales of property and equipment 4,700 365,693
Purchases of real estate (53,207,439) (46,189,096)
Sales of real estate 31,493,671 28,385,283
Net cash provided by (used in) investing activities (74,515,063) 15,804,643
Cash flows from financing activities:    
Investment contract receipts 9,217,213 10,193,442
Investment contract withdrawals (12,494,990) (11,520,918)
Proceeds from stock options exercised 81,246 116,592
Purchases of treasury stock (1,604,613) (1,672,232)
Repayment of bank loans (49,525,258) (1,423,826)
Proceeds from bank loans 69,000,000
Net change in warehouse line borrowings for loans held for sale (3,174,878) 2,622,976
Net cash provided by (used in) financing activities 11,498,720 (1,683,966)
Net change in cash, cash equivalents, restricted cash and restricted cash equivalents (35,463,349) 49,015,000
Cash, cash equivalents, restricted cash and restricted cash equivalents at beginning of period 150,102,620 139,923,399
Cash, cash equivalents, restricted cash and restricted cash equivalents at end of year 114,639,271 188,938,399
Cash paid during the year for:    
Interest 3,497,142 3,124,591
Income taxes (net of refunds) 4,548,279 6,877,342
Non Cash Operating, Investing and Financing Activities:    
Transfer from fixed maturity securities available for sale to other investments 1,185,603
Right-of-use assets obtained in exchange for operating lease liabilities 1,157,084 1,130,610
Loans held for sale transferred into mortgage loans held for investment 828,063
Benefit plans funded with treasury stock 735,283 981,680
Loans held for sale foreclosed into real estate held for sale 380,000 858,977
Mortgage loans held for investment foreclosed into real estate held for sale 190,495
Right-of-use assets obtained in exchange for finance lease liabilities 176,040
Cash and cash equivalents 100,396,059 170,706,542
Restricted assets 13,556,435 15,232,601
Cemetery perpetual care trust investments $ 686,777 $ 2,999,256