Consolidated Balance Sheets (Current Period Unaudited) - USD ($)	Jun. 30, 2019	Dec. 31, 2018
Assets
Available for sale securities	$ 41,773,918	$ 37,869,778
Policy loans	57,083	56,539
Total investments	41,831,001	37,926,317
Cash and cash equivalents	3,943,050	2,077,646
Investment income due and accrued	285,653	286,890
Reinsurance related assets	181,359	161,846
Deferred acquisition costs, net	2,752,733	2,757,404
Value of business acquired, net	570,145	580,297
Property, equipment and software, net	48,959	54,078
Goodwill	277,542	277,542
Other assets	417,799	406,969
Total assets	50,308,241	44,528,989
Liabilities:
Deposit-type contracts	17,993,557	16,626,218
Policyholder benefit reserves	16,171,857	14,697,519
Dividend accumulation	167,876	176,056
Advance premiums	73,326	56,736
Total policy liabilities	34,406,616	31,556,529
Accounts payable and accrued expenses	167,948	311,082
Other liabilities	14,179	28,712
Total liabilities	34,588,743	31,896,323
Shareholders' Equity:
Common stock, $0.10 par value. Authorized 20,000,000 shares; issued and outstanding 7,707,090 and 7,650,551 shares as of June 30, 2019 and December 31, 2018, respectively	770,710	765,056
Additional paid-in capital	23,141,692	22,989,443
Accumulated deficit	(9,695,078)	(8,937,404)
Accumulated other comprehensive income (loss)	1,502,174	(2,184,429)
Total shareholders' equity	15,719,498	12,632,666
Total liabilities and shareholders' equity	50,308,241	44,528,989
Fixed Maturities [Member]
Assets
Available for sale securities	30,038,199	26,882,239
Equities, Including Equity Securities and Other Equity Investments [Member]
Assets
Available for sale securities	$ 11,735,719	$ 10,987,539