Condensed Consolidated Balance Sheets (Unaudited) - USD ($)	Jun. 30, 2021	Dec. 31, 2020	[1]
Investments available for sale:
Fixed maturities, at fair value (amortized cost $131,085,585 and $146,017,864)	$ 146,250,065	$ 165,779,997
Equity securities, at fair value (cost $61,058,683 and $36,833,795)	121,154,900	78,075,187
Equity securities, at cost	14,543,343	14,389,189
Mortgage loans on real estate at amortized cost	13,985,960	20,802,365
Investment real estate	35,298,846	38,086,391
Notes receivable	23,100,967	17,682,296
Policy loans	8,483,130	8,590,524
Total investments	362,817,211	343,405,949
Cash and cash equivalents	30,980,881	39,025,754
Accrued investment income	1,326,810	1,341,643
Reinsurance receivables:
Future policy benefits	25,043,878	25,267,920
Policy claims and other benefits	3,965,697	3,988,088
Cost of insurance acquired	3,743,626	4,101,471
Property and equipment, net of accumulated depreciation	310,322	348,170
Income tax receivable	803,265	0
Other assets	652,821	1,577,098
Total assets	429,644,511	419,056,093
Policy liabilities and accruals:
Future policyholder benefits	239,471,396	243,990,881
Policy claims and benefits payable	4,588,575	4,169,569
Other policyholder funds	353,451	365,761
Dividend and endowment accumulations	14,745,229	14,836,158
Income taxes payable	0	268,497
Deferred income taxes	15,960,900	12,995,714
Trading securities, at fair value (proceeds $652 and $11,246)	675	12,219
Other liabilities	5,059,652	5,275,803
Total liabilities	280,179,878	281,914,602
Shareholders' equity:
Common stock - no par value, stated value $.001 per share. Authorized 7,000,000 shares - 3,173,009 and 3,175,564 shares issued	3,174	3,176
Additional paid-in capital	32,956,587	33,025,018
Retained earnings	104,035,750	88,068,284
Accumulated other comprehensive income	11,952,095	15,584,241
Total UTG shareholders' equity	148,947,606	136,680,719
Noncontrolling interests	517,027	460,772
Total shareholders' equity	149,464,633	137,141,491
Total liabilities and shareholders' equity	$ 429,644,511	$ 419,056,093

[1] Balance sheet audited at December 31, 2020.