Consolidated Balance Sheets (Current Period Unaudited) - USD ($)	Jun. 30, 2022	Dec. 31, 2021
Available for sale fixed maturity securities (amortized cost: $35,888,401 and $35,256,039 as of June 30, 2022 and December 31, 2021, respectively)	$ 32,198,208	$ 37,942,657
Equity securities, at fair value	7,764,065	9,157,193
Mortgage loans on real estate	4,063,276	3,653,142
Funds withheld under coinsurance agreement, at fair value	49,681,473	49,018,974
Policy loans	49,645	173,341
Real estate, net of depreciation	1,388,427	1,403,137
Total investments	95,145,094	101,348,444
Cash and cash equivalents	9,472,845	7,955,348
Investment income due and accrued	567,974	698,504
Reinsurance related assets	0	3,438
Deferred acquisition costs, net	6,002,490	6,354,875
Value of business acquired, net	2,564,603	2,610,813
Property, equipment and software, net	141,491	92,785
Goodwill	277,542	277,542
Deferred tax asset, net of valuation allowance	1,560,767	1,560,767
Other assets	1,199,014	582,318
Total assets	116,931,820	121,484,834
Liabilities:
Deposit-type contracts	78,769,056	75,567,873
Policyholder benefit reserves	27,357,838	25,204,578
Dividend accumulation	119,761	118,262
Advance premiums	137,811	136,229
Total policy liabilities	106,384,466	101,026,942
Accounts payable and accrued expenses	223,458	689,065
Federal Home Loan Bank advance	(1,000,000)	(2,000,000)
Other liabilities	834,653	187,071
Total liabilities	108,442,577	103,903,078
Shareholders' Equity:
Common stock, $0.10 par value. Authorized 20,000,000 shares; issued and outstanding 7,746,922 and 7,745,404 shares as of June 30, 2022 and December 31, 2021, respectively	774,693	774,541
Additional paid-in capital	22,955,458	22,948,637
Accumulated deficit	(11,385,828)	(8,663,152)
Accumulated other comprehensive income (loss)	(3,855,080)	2,521,730
Total shareholders' equity	8,489,243	17,581,756
Total liabilities and shareholders' equity	$ 116,931,820	$ 121,484,834