Condensed Consolidated Balance Sheets (Unaudited) - USD ($)	Jun. 30, 2024	Dec. 31, 2023	[1]
Investments, available for sale:
Fixed maturities, at fair value (amortized cost $104,458,333 and $109,554,738)	$ 96,080,683	$ 103,409,836
Held to maturity redeemable preferred stock, at amortized cost	2,500,000	2,500,000
Equity securities, at fair value (cost $91,366,652 and $89,387,893)	177,296,271	156,550,812
Equity securities, at cost	16,771,998	15,977,368
Mortgage loans on real estate, at amortized cost (net of credit loss reserve of $281,000 and $274,000)	15,632,978	15,318,176
Notes receivable (net of credit loss reserve of $208,000 and $250,000)	14,096,559	14,009,225
Investment real estate, net	30,244,425	21,975,120
Policy loans	5,826,833	6,018,248
Short-term investments	8,073,676	29,132,236
Total investments	366,523,423	364,891,021
Cash and cash equivalents	35,493,889	41,185,196
Accrued investment income	1,990,782	2,001,064
Reinsurance receivables:
Future policy benefits	24,094,241	23,847,623
Policy claims and other benefits	3,790,156	4,734,575
Cost of insurance acquired	1,718,988	2,036,896
Income tax receivable	2,103,464	2,128,027
Other assets	961,062	884,531
Total assets	436,676,005	441,708,933
Policy liabilities and accruals:
Future policyholder benefits	221,455,958	223,757,860
Policy claims and benefits payable	3,358,070	4,188,917
Other policyholder funds	253,862	260,892
Dividend and endowment accumulations	14,588,899	14,749,258
Deferred income taxes	15,856,311	12,426,840
Notes payable	0	19,000,000
Other liabilities	5,443,668	5,635,373
Total liabilities	260,956,768	280,019,140
Shareholders' equity:
Common stock - no par value, stated value $.001 per share. Authorized 7,000,000 shares - 3,168,086 and 3,165,320 shares issued	3,170	3,167
Additional paid-in capital	32,696,383	32,613,817
Retained earnings	149,116,490	133,491,797
Accumulated other comprehensive loss	(6,618,343)	(4,882,317)
Total UTG shareholders' equity	175,197,700	161,226,464
Noncontrolling interests	521,537	463,329
Total shareholders' equity	175,719,237	161,689,793
Total liabilities and shareholders' equity	$ 436,676,005	$ 441,708,933

[1] Balance sheet audited at December 31, 2023.