v3.26.1
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
Jun. 30, 2026
Dec. 31, 2025
[1]
Investments, available for sale:    
Fixed maturities, at fair value (amortized cost $74,253,192 and $74,900,990) $ 72,069,483 $ 73,159,589
Equity securities, at fair value (cost $124,179,844 and $127,220,244) 291,052,921 265,704,230
Equity securities, at cost 13,332,382 20,510,250
Mortgage loans on real estate, at amortized cost (net of credit loss reserve of $410,000 and $220,000) 27,154,164 14,402,304
Investment real estate, net 32,335,231 33,087,699
Notes receivable (net of credit loss reserve of $70,000 and $135,000) 4,340,721 8,708,417
Policy loans 5,257,448 5,361,164
Short-term investments 4,949,271 9,808,824
Total investments 450,491,621 430,742,477
Cash and cash equivalents 42,602,900 30,536,972
Accrued investment income 1,350,400 1,129,139
Reinsurance receivables:    
Future policy benefits 22,970,279 23,215,542
Policy claims and other benefits 4,075,236 4,015,191
Cost of insurance acquired 481,842 786,915
Income tax receivable 811,104 15,180
Other assets 1,103,076 927,165
Total assets 523,886,458 491,368,581
Policy liabilities and accruals:    
Future policyholder benefits 112,486,671 114,371,298
Policyholder account balances 91,168,032 92,921,066
Policy claims and benefits payable 4,009,620 3,456,000
Other policyholder funds 174,896 176,714
Dividend and endowment accumulations 14,419,078 14,568,544
Deferred income taxes 33,146,414 27,387,718
Other liabilities 5,601,875 5,794,974
Total liabilities 261,006,586 258,676,314
Shareholders' equity:    
Common stock - no par value, stated value $0.001 per share. Authorized 7,000,000 shares - 3,136,826 and 3,142,470 shares outstanding 3,137 3,142
Additional paid-in capital 31,807,324 31,951,092
Retained earnings 228,173,842 198,416,066
Accumulated other comprehensive income 2,397,937 1,872,602
Total UTG shareholders' equity 262,382,240 232,242,902
Noncontrolling interest 497,632 449,365
Total shareholders' equity 262,879,872 232,692,267
Total liabilities and shareholders' equity $ 523,886,458 $ 491,368,581
[1] Balance sheet audited at December 31, 2025.