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Balance Sheet - USD ($)
Jun. 30, 2015
Dec. 31, 2014
Investments available for sale:    
Fixed maturities, at fair value (amortized cost $185,763,176 and $188,634,364) $ 191,348,772 $ 197,481,456
Equity securities, at fair value (cost $41,696,686 and $39,275,638) 45,408,711 40,996,002
Trading securities, at fair value (cost $0 and $5,179,850) 0 3,826,250
Mortgage loans on real estate at amortized cost 9,769,560 14,060,930
Discounted mortgage loans on real estate at cost 5,516,065 9,101,052
Investment real estate 53,131,234 51,007,101
Policy loans 10,832,464 11,104,485
Short-term investments 4,012,988 4,382,181
Total investments 320,019,794 331,959,457
Cash and cash equivalents 20,644,252 13,977,443
Accrued investment income 2,791,394 2,662,865
Reinsurance receivables:    
Future policy benefits 27,803,444 27,906,905
Policy claims and other benefits 3,974,728 3,788,294
Cost of insurance acquired 8,594,182 9,047,984
Deferred policy acquisition costs 0 0
Property and equipment, net of accumulated depreciation 2,245,082 2,475,829
Income tax receivable 608,895 0
Other assets 8,386,188 8,081,461
Total assets 395,067,959 399,900,238
Policy liabilities and accruals:    
Future policyholder benefits 272,253,359 275,044,909
Policy claims and benefits payable 3,079,759 3,208,324
Other policyholder funds 482,350 341,248
Dividend and endowment accumulations 14,251,790 14,239,054
Income tax payable 0 1,933,243
Deferred income taxes 9,326,383 9,413,794
Notes payable 2,400,000 4,400,000
Trading securities, at fair value (proceeds $95,986 and $464,215) 89,848 23,853
Other liabilities 9,018,024 7,723,213
Total liabilities 310,901,513 316,327,638
Shareholders' equity:    
Common stock - no par value, stated value $.001 per share. Authorized 7,000,000 shares - 3,705,263 and 3,706,780 shares outstanding 3,705 3,706
Additional paid-in capital 43,094,647 43,122,944
Retained earnings 33,861,628 32,145,662
Accumulated other comprehensive income 6,028,583 6,853,974
Total UTG shareholders' equity 82,988,563 82,126,286
Noncontrolling interests 1,177,883 1,446,314
Total shareholders' equity 84,166,446 83,572,600
Total liabilities and shareholders' equity $ 395,067,959 $ 399,900,238