CONSOLIDATED BALANCE SHEETS (USD $)	Jun. 30, 2011	Dec. 31, 2010
ASSETS
Cash and cash equivalents	$ 7,886,706	$ 8,632,371
Investment in fixed maturities, at amortized cost, Held to Maturity (fair value $16,158,541; $15,057,111, respectively)	15,668,090	14,706,439
Other long-term investments (fair value $865,970, $876,423)	1,054,418	1,054,418
Investment in equity securities (cost $879,757, $834,268)	1,000,429	909,124
Total Investments, Including Cash and Cash Equivalents	25,609,643	25,302,352
Accrued investment income	101,484	90,093
Furniture and equipment, net	740,792	784,529
Deferred policy acquisition costs	217,372	223,041
Policy loans	166,656	160,120
Receivable from reinsurer	52,015	52,015
Premiums due and unpaid	977,646	936,941
Income tax assets	486	40,274
Intangible assets	116,685	119,593
Other assets	233,868	218,211
Total Assets	28,216,647	27,927,169
Liabilities:
Liabilities for future policy benefits	1,946,086	2,057,715
Policy claims payable	1,411,569	1,353,770
Annuity deposits	2,291,163	2,384,264
Deferred annuity profits	165,284	175,074
Premium deposit funds	20,498	20,088
Supplementary contracts without life contingencies	50,715	41,932
Advanced and unallocated premium	809,190	1,154,715
Commissions payable	541,949	536,781
Accrued taxes and expenses	258,513	298,462
Bonds payable	1,299,088	1,300,708
Other liabilities	912,384	989,814
Total Liabilities	9,706,439	10,313,323
Common stock, $.02 stated value, 45,000,000 shares authorized, 15,463,965 shares issued and outstanding	309,279	309,279
Additional paid-in capital	5,703,215	5,704,089
Accumulated other comprehensive income	88,003	45,581
Accumulated surplus	12,915,813	12,041,213
Treasury stock, at cost, 399,172; 382,030 shares, respectively	(506,102)	(486,316)
Total Shareholders' Equity	18,510,208	17,613,846
Total Liabilities and Shareholders' Equity	$ 28,216,647	$ 27,927,169