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CONSOLIDATED BALANCE SHEETS (Unaudited) (USD $)
Sep. 30, 2011
Dec. 31, 2010
Fixed maturities:  
Securities held-to-maturity, at amortized cost (fair value $364,994 and $389,679)$ 317,279$ 340,803
Securities available-for-sale, at fair value (amortized cost $894,942,793 and $909,582,782)952,756,369941,537,026
Equity securities available-for-sale, at fair value(cost $89,248,731 and $75,721,039)99,327,795101,138,982
Other long-term investments, at cost18,35229,827
Short-term investments, at cost66,257,08636,616,111
Total investments1,118,676,8811,079,662,749
Cash365,574491,994
Reinsurance receivables due from affiliate42,556,87230,256,586
Prepaid reinsurance premiums due from affiliate10,400,1419,530,426
Deferred policy acquisition costs (affiliated $44,143,760 and $37,584,448)44,152,50837,584,448
Prepaid pension benefits due from affiliate4,001,1515,125,701
Accrued investment income10,802,97610,925,854
Accounts receivable1,352,0561,716,150
Income taxes recoverable10,618,3392,350,864
Deferred income taxes3,930,4876,690,218
Goodwill941,586941,586
Other assets (affiliated $4,353,943 and $2,433,445)4,530,5502,517,922
Total assets1,252,329,1211,187,794,498
LIABILITIES  
Losses and settlement expenses (affiliated $596,866,878 and $553,125,183)601,324,726556,140,956
Unearned premiums (affiliated $196,010,325 and $167,896,119)196,053,488167,896,119
Other policyholders' funds due to affiliate5,859,9248,315,751
Surplus notes payable to affiliate25,000,00025,000,000
Amounts due affiliate to settle inter-company transaction balances23,350,90918,380,813
Pension and postretirement benefits payable to affiliate21,652,67720,418,716
Other liabilities (affiliated $14,993,243 and $22,861,092)22,658,05123,001,141
Total liabilities895,899,775819,153,496
STOCKHOLDERS' EQUITY  
Common stock, $1 par value, authorized 20,000,000 shares; issued and outstanding, 12,870,541 shares in 2011 and 12,927,678 shares in 201012,870,54112,927,678
Additional paid-in capital88,177,14588,937,294
Accumulated other comprehensive income (loss):  
Net unrealized losses on fixed maturity securities with other-than-temporary impairments0(69,852)
Other net unrealized gains44,130,21737,361,774
Unrecognized pension and postretirement benefits (all affiliated)(12,257,939)(12,796,435)
Total accumulated other comprehensive income31,872,27824,495,487
Retained earnings223,509,382242,280,543
Total stockholders' equity356,429,346368,641,002
Total liabilities and stockholders' equity$ 1,252,329,121$ 1,187,794,498