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Income Statement (USD $)
3 Months Ended
Mar. 31, 2013
Mar. 31, 2012
Revenues:    
Insurance premiums and other considerations $ 12,421,543 $ 12,587,788
Net investment income 5,085,999 6,054,047
Net mortuary and cemetery sales 2,877,523 2,874,949
Realized gains on investments and other assets 842,578 171,060
Other than temporary impairments on investments (30,000) (45,000)
Mortgage fee income 33,177,899 25,490,584
Other income 476,692 189,795
Total revenues 54,852,234 47,323,223
Benefits and expenses:    
Death benefits 6,756,419 5,186,299
Surrenders and other policy benefits 750,249 838,740
Increase in future policy benefits 4,551,741 6,150,147
Amortization of deferred policy and pre-need acquisition costs and value of business acquired 1,493,905 1,412,229
Commissions 17,570,585 14,885,790
Salaries 8,178,698 6,512,843
Provision for loan losses and loss reserve 552,289 402,474
Costs related to funding mortgage loans 1,607,235 1,360,304
Other expenses 8,856,600 6,998,890
Interest expense 807,276 768,744
Cost of goods and services sold-mortuaries and cemeteries 499,614 478,171
Total benefits and expenses 51,624,611 44,994,631
Earnings before income taxes 3,227,623 2,328,592
Income tax expense (1,194,357) (666,409)
Net earnings $ 2,033,266 $ 1,662,183
Net earnings per Class A Equivalent common share (1) $ 0.19 $ 0.17
Net earnings per Class A Equivalent common share-assuming dilution (1) $ 0.17 $ 0.16
Weighted-average Class A equivalent common share outstanding (1) 10,935,713 10,014,795
Weighted-average Class A equivalent common shares outstanding-assuming dilution (1) 11,930,897 10,110,295