| Assets, Revenue and Income (Loss) Before Income Taxes for Each Business Unit |
The following sets forth the assets, revenue and income (loss) before income taxes for each business unit as of and for the periods ended 2025 and 2024.
|
Assets
|
|
June 30,
2025
|
|
|
December 31,
2024
|
|
|
American Southern
|
|
$
|
174,390 |
|
|
$
|
147,214 |
|
|
Bankers Fidelity
|
|
|
222,696 |
|
|
|
210,819 |
|
|
Corporate, Other and Eliminations
|
|
|
32,253 |
|
|
|
35,395 |
|
|
Total assets
|
|
$
|
429,339 |
|
|
$
|
393,428 |
|
| |
|
Three Months Ended
June 30,
|
|
|
Six Months Ended
June 30,
|
|
|
Revenues
|
|
2025
|
|
|
2024
|
|
|
2025
|
|
|
2024
|
|
|
American Southern
|
|
$
|
22,232 |
|
|
$
|
18,526 |
|
|
$
|
41,653 |
|
|
$
|
37,384 |
|
|
Bankers Fidelity
|
|
|
33,092 |
|
|
|
29,203 |
|
|
|
63,590 |
|
|
|
57,374 |
|
|
Corporate, Other and Eliminations
|
|
|
(34 |
)
|
|
|
(61 |
)
|
|
|
172 |
|
|
|
(93 |
)
|
|
Total revenue
|
|
$
|
55,290 |
|
|
$
|
47,668 |
|
|
$
|
105,415 |
|
|
$
|
94,665 |
|
| |
|
Three Months Ended
June 30,
|
|
|
Six Months Ended
June 30,
|
|
|
Insurance benefits and losses incurred
|
|
2025
|
|
|
2024
|
|
|
2025
|
|
|
2024
|
|
|
American Southern
|
|
$
|
16,013 |
|
|
$
|
14,228 |
|
|
$
|
30,610 |
|
|
$
|
27,041 |
|
|
Bankers Fidelity
|
|
|
17,634 |
|
|
|
17,579 |
|
|
|
34,950 |
|
|
|
36,691 |
|
|
Corporate, Other and Eliminations
|
|
|
- |
|
|
|
- |
|
|
|
- |
|
|
|
- |
|
|
Total insurance benefits and losses incurred
|
|
$
|
33,647 |
|
|
$
|
31,807 |
|
|
$
|
65,560 |
|
|
$
|
63,732 |
|
| |
|
Three Months Ended
June 30,
|
|
|
Six Months Ended
June 30,
|
|
|
Commissions and underwriting
|
|
2025
|
|
|
2024
|
|
|
2025
|
|
|
2024
|
|
|
American Southern
|
|
$
|
5,311 |
|
|
$
|
3,511 |
|
|
$
|
9,416 |
|
|
$
|
8,018 |
|
|
Bankers Fidelity
|
|
|
9,588 |
|
|
|
10,430 |
|
|
|
20,333 |
|
|
|
20,776 |
|
|
Corporate, Other and Eliminations
|
|
|
(2,029 |
)
|
|
|
(2,357 |
)
|
|
|
(5,199 |
)
|
|
|
(4,544 |
)
|
|
Total commissions and underwriting
|
|
$
|
12,870 |
|
|
$
|
11,584 |
|
|
$
|
24,550 |
|
|
$
|
24,250 |
|
| |
|
Three Months Ended
June 30,
|
|
|
Six Months Ended
June 30,
|
|
|
Income (loss) Before Income Taxes
|
|
2025
|
|
|
2024
|
|
|
2025
|
|
|
2024
|
|
|
American Southern
|
|
$
|
875 |
|
|
$
|
751 |
|
|
$
|
1,560 |
|
|
$
|
2,258 |
|
|
Bankers Fidelity
|
|
|
5,870 |
|
|
|
1,195 |
|
|
|
8,307 |
|
|
|
(92 |
)
|
|
Corporate, Other and Eliminations
|
|
|
(2,529 |
)
|
|
|
(2,795 |
)
|
|
|
(4,616 |
)
|
|
|
(5,521 |
)
|
|
Income (loss) before income taxes
|
|
$
|
4,216 |
|
|
$
|
(849 |
)
|
|
$
|
5,251 |
|
|
$
|
(3,355 |
)
|
|