Consolidated Balance Sheets (Current Period Unaudited) - USD ($)	Jun. 30, 2021	Dec. 31, 2020
Assets
Available for sale fixed maturity securities (amortized cost: $34,012,418 and $33,784,518 as of June 30, 2021 and December 31, 2020, respectively)	$ 37,006,257	$ 37,677,578
Equity securities, at fair value	37,006,257	37,677,578
Mortgage loans on real estate	2,696,973	3,166,136
Funds withheld under coinsurance agreement, at fair value	47,798,209	46,830,076
Policy loans	163,788	163,725
Real estate, net of depreciation	1,417,848	1,415,743
Total investments	98,390,414	98,474,832
Cash and cash equivalents	8,197,231	4,320,759
Investment income due and accrued	570,493	423,036
Reinsurance related assets	0	165,082
Deferred acquisition costs, net	6,772,798	7,105,890
Value of business acquired, net	2,657,023	2,703,233
Property, equipment and software, net	50,361	37,818
Goodwill	277,542	277,542
Deferred tax asset, net of valuation allowance	243,257	243,257
Other assets	1,276,674	1,635,647
Total assets	118,435,793	115,387,096
Liabilities:
Deposit-type contracts	74,553,608	72,082,207
Policyholder benefit reserves	23,490,481	21,158,568
Dividend accumulation	117,999	116,127
Advance premiums	100,105	102,178
Total policy liabilities	98,262,193	93,459,080
Accounts payable and accrued expenses	135,603	1,507,756
Federal Home Loan Bank advance	(2,000,000)	(2,000,000)
Other liabilities	718,681	15,469
Total liabilities	101,116,477	96,982,305
Shareholders' Equity:
Common stock, $0.10 par value. Authorized 20,000,000 shares; issued and outstanding 7,745,404 and 7,741,487 shares as of June 30, 2021 and December 31, 2020, respectively	774,541	774,150
Additional paid-in capital	22,998,144	23,063,273
Accumulated deficit	(9,119,021)	(8,997,507)
Accumulated other comprehensive income	2,665,652	3,564,875
Total shareholders' equity	17,319,316	18,404,791
Total liabilities and shareholders' equity	118,435,793	115,387,096
Fixed Maturities [Member]
Assets
Available for sale fixed maturity securities (amortized cost: $34,012,418 and $33,784,518 as of June 30, 2021 and December 31, 2020, respectively)	37,006,257	37,677,578
Equity securities, at fair value	37,006,257	37,677,578
Equity Securities [Member]
Assets
Available for sale fixed maturity securities (amortized cost: $34,012,418 and $33,784,518 as of June 30, 2021 and December 31, 2020, respectively)	9,307,339	9,221,574
Equity securities, at fair value	$ 9,307,339	$ 9,221,574