Condensed Consolidated Balance Sheets (Unaudited) - USD ($)	Sep. 30, 2021	Dec. 31, 2020	[1]
Investments available for sale:
Fixed maturities, at fair value (amortized cost $127,050,431 and $146,017,864)	$ 140,988,739	$ 165,779,997
Equity securities, at fair value (cost $62,285,191 and $36,833,795)	112,993,332	78,075,187
Equity securities, at cost	14,543,343	14,389,189
Mortgage loans on real estate at amortized cost	16,362,520	20,802,365
Investment real estate	37,300,355	38,086,391
Notes receivable	24,150,142	17,682,296
Policy loans	7,839,724	8,590,524
Total investments	354,178,155	343,405,949
Cash and cash equivalents	24,113,715	39,025,754
Accrued investment income	1,042,484	1,341,643
Reinsurance receivables:
Future policy benefits	24,832,037	25,267,920
Policy claims and other benefits	4,595,374	3,988,088
Cost of insurance acquired	3,565,243	4,101,471
Property and equipment, net of accumulated depreciation	293,166	348,170
Income tax receivable	1,164,851	0
Other assets	1,366,168	1,577,098
Total assets	415,151,193	419,056,093
Policy liabilities and accruals:
Future policyholder benefits	237,382,672	243,990,881
Policy claims and benefits payable	4,330,434	4,169,569
Other policyholder funds	347,812	365,761
Dividend and endowment accumulations	14,652,254	14,836,158
Income taxes payable	0	268,497
Deferred income taxes	13,302,678	12,995,714
Trading securities, at fair value (proceeds $3,679 and $11,246)	3,679	12,219
Other liabilities	5,789,143	5,275,803
Total liabilities	275,808,672	281,914,602
Shareholders' equity:
Common stock - no par value, stated value $.001 per share. Authorized 7,000,000 shares - 3,167,373 and 3,175,564 shares issued	3,168	3,176
Additional paid-in capital	32,800,852	33,025,018
Retained earnings	95,023,478	88,068,284
Accumulated other comprehensive income	10,983,419	15,584,241
Total UTG shareholders' equity	138,810,917	136,680,719
Noncontrolling interests	531,604	460,772
Total shareholders' equity	139,342,521	137,141,491
Total liabilities and shareholders' equity	$ 415,151,193	$ 419,056,093

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