Condensed Consolidated Balance Sheets (Unaudited) - USD ($)	Mar. 31, 2022	Dec. 31, 2021	[1]
Investments available for sale:
Fixed maturities, at fair value (amortized cost $122,031,325 and $127,949,963)	$ 125,856,319	$ 140,963,881
Equity securities, at fair value (cost $70,136,129 and $68,403,168)	132,097,229	122,229,121
Equity securities, at cost	14,543,343	14,543,343
Mortgage loans on real estate at amortized cost	30,447,752	29,183,562
Investment real estate	38,985,840	39,748,261
Notes receivable	15,939,190	17,722,976
Policy loans	7,321,614	7,390,497
Total investments	365,191,287	371,781,641
Cash and cash equivalents	24,264,752	30,787,278
Accrued investment income	977,899	1,264,159
Reinsurance receivables:
Future policy benefits	24,885,324	24,740,562
Policy claims and other benefits	4,304,148	4,426,997
Cost of insurance acquired	3,214,414	3,386,501
Income tax receivable	0	975,373
Other assets	1,865,990	1,097,246
Total assets	424,703,814	438,459,757
Policy liabilities and accruals:
Future policyholder benefits	233,829,014	235,367,680
Policy claims and benefits payable	3,723,265	3,941,305
Other policyholder funds	337,144	345,248
Dividend and endowment accumulations	14,694,064	14,686,166
Income taxes payable	74,469	0
Deferred income taxes	13,343,942	13,680,396
Notes payable	10,000,000	24,000,000
Trading securities, at fair value (proceeds $5,907 and $2,202)	5,291	1,116
Other liabilities	5,272,673	5,193,039
Total liabilities	281,279,862	297,214,950
Shareholders' equity:
Common stock - no par value, stated value $.001 per share. Authorized 7,000,000 shares - 3,174,783 and 3,166,669 shares outstanding	3,176	3,167
Additional paid-in capital	32,999,942	32,780,587
Retained earnings	106,923,670	97,731,347
Accumulated other comprehensive income	2,993,898	10,253,151
Total UTG shareholders' equity	142,920,686	140,768,252
Noncontrolling interests	503,266	476,555
Total shareholders' equity	143,423,952	141,244,807
Total liabilities and shareholders' equity	$ 424,703,814	$ 438,459,757

[1] Balance sheet audited at December 31, 2021.