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Consolidated Balance Sheets - USD ($)
Dec. 31, 2025
Dec. 31, 2024
Assets    
Available for sale fixed maturity securities (amortized cost: $90,036,854 and $83,785,307, net of allowances for credit losses of $0, as of December 31, 2025 and 2024) $ 86,534,704 $ 79,578,179
Equity securities, at fair value 3,542,412 3,876,085
Limited partnership interests 1,293,005 428,170
Mortgage loans on real estate (net of allowance for credit losses of $99,118 and $55,685 as of December 31, 2025 and 2024, respectively) 23,645,037 25,192,749
Other invested assets 1,018,640 1,109,606
Policy loans 41,314 31,745
Real estate, net of depreciation 1,597,979 1,652,553
Total investments 117,673,091 111,869,087
Cash and cash equivalents 18,036,904 6,903,783
Investment income due and accrued 860,697 954,324
Reinsurance related assets 1,177,656 788,886
Deferred acquisition costs, net 4,739,627 4,402,996
Value of business acquired, net 2,241,133 2,333,553
Property, equipment and software, net 119,068 136,353
Goodwill 277,542 277,542
Federal and state income tax receivable 35,372 182,349
Deferred tax asset, net of valuation allowance 3,000,912 2,862,157
Other assets 518,100 459,102
Total assets 148,680,102 131,170,132
Liabilities:    
Deposit-type contracts 87,824,261 77,940,378
Policyholder benefit reserves 44,559,453 36,444,940
Dividend accumulation 102,050 100,885
Advance premiums 271,976 248,749
Total policy liabilities 132,757,740 114,734,952
Accounts payable and accrued expenses 1,575,654 1,133,521
Federal Home Loan Bank advance 1,250,000 1,250,000
Other liabilities 99,354 91,893
Total liabilities 135,682,748 117,210,366
Shareholders' Equity:    
Common stock, $0.10 par value. Authorized 20,000,000 shares; issued and outstanding 7,788,922 and 7,748,922 shares as of December 31, 2025 and 2024, respectively 778,893 774,893
Additional paid-in capital 23,002,201 22,966,657
Accumulated deficit (10,739,528) (9,952,686)
Accumulated other comprehensive (loss) income (44,212) 170,902
Total shareholders' equity 12,997,354 13,959,766
Total liabilities and shareholders' equity $ 148,680,102 $ 131,170,132