Consolidated Balance Sheets (Current Period Unaudited) - USD ($)	Mar. 31, 2023	Dec. 31, 2022
Available for sale fixed maturity securities (amortized cost: $70,218,924 and $70,615,724 as of March 31, 2023 and December 31, 2022, respectively)	$ 65,716,665	$ 65,316,077
Equity securities, at fair value	7,578,511	7,395,044
Mortgage loans on real estate (net of allowance for credit losses of $137,148 as of March 31, 2023)	25,284,983	23,790,073
Other invested assets	1,985,441	1,760,777
Policy loans	35,747	34,980
Real estate, net of depreciation	1,366,360	1,373,716
Total investments	101,967,707	99,670,667
Cash and cash equivalents	4,044,010	4,091,507
Investment income due and accrued	2,189,269	2,086,365
Reinsurance related assets	290,777	125,549
Deferred acquisition costs, net	5,393,700	5,629,002
Value of business acquired, net	2,495,288	2,518,393
Property, equipment and software, net	164,320	132,475
Goodwill	277,542	277,542
Deferred tax asset, net of valuation allowance	3,294,522	3,294,522
Other assets	458,546	472,275
Total assets	120,575,681	118,298,297
Liabilities:
Deposit-type contracts	78,341,879	79,035,350
Policyholder benefit reserves	30,464,718	29,411,984
Dividend accumulation	122,662	121,687
Advance premiums	165,199	168,782
Total policy liabilities	109,094,458	108,737,803
Accounts payable and accrued expenses	1,375,809	448,805
Federal Home Loan Bank advance	(1,000,000)	(1,000,000)
Other liabilities	78,134	42,295
Total liabilities	111,548,401	110,228,903
Shareholders' Equity:
Common stock, $0.10 par value. Authorized 20,000,000 shares; issued and outstanding 7,746,922 shares as of March 31, 2023 and December 31, 2022	774,693	774,693
Additional paid-in capital	22,955,458	22,955,458
Accumulated deficit	(11,694,559)	(11,819,637)
Accumulated other comprehensive loss	(3,008,312)	(3,841,120)
Total shareholders' equity	9,027,280	8,069,394
Total liabilities and shareholders' equity	$ 120,575,681	$ 118,298,297