Note 7 - Deferred Acquisition Costs

3 Months Ended

Mar. 31, 2026

Notes to Financial Statements

Insurance Contract, Acquisition Cost [Text Block]

Note 7. Deferred Acquisition Costs

The following tables display the changes in DAC throughout the year by product type:

	Fixed			Individual
	Annuity			Life			Critical Illness			Total
Balance at December 31, 2025	$	2,914,533		$	1,825,094		$	-		$	4,739,627
Capitalization		-			208,085			42			208,127
Amortization expense		(100,608	)		(98,491	)		(107	)		(199,206	)
Experience Adjustments		(15,727	)		(129	)		129			(15,727	)
Balance at March 31, 2026	$	2,798,198		$	1,934,559		$	64		$	4,732,821

	Fixed			Individual
	Annuity			Life			Critical Illness			Total
Balance at December 31, 2024	$	3,052,792		$	1,350,187		$	17		$	4,402,995
Capitalization		191,624			158,038			98			349,760
Amortization expense		(118,388	)		(49,120	)		(2	)		(167,510	)
Experience Adjustments		-			-			-			-
Balance at March 31, 2025	$	3,126,028		$	1,459,105		$	113		$	4,585,245