v3.26.1
Note 9 - Deferred Policy Acquisition Costs (Tables)
6 Months Ended
Jun. 30, 2026
Notes Tables  
Deferred Policy Acquisition Costs [Table Text Block]
   

Deferred Policy Acquisition Cost Capitalized

 
   

Three Months Ended June 30, (Unaudited)

   

Six Months Ended June 30, (Unaudited)

 
   

2026

   

2025

   

2026

   

2025

 

Life

  $ 3,051,674     $ 2,861,405     $ 5,725,973     $ 5,562,770  

Annuity

    794,081       371,797       1,299,103       543,694  

Total

  $ 3,845,755     $ 3,233,202     $ 7,025,076     $ 6,106,464  
   

Deferred Policy Acquisition Cost Amortized

 
   

Three Months Ended June 30, (Unaudited)

   

Six Months Ended June 30, (Unaudited)

 
   

2026

   

2025

   

2026

   

2025

 

Life

  $ 1,487,261     $ 1,872,602     $ 2,788,762     $ 3,660,007  

Annuity

    540,884       542,413       1,035,544       1,080,908  

Total

  $ 2,028,145     $ 2,415,015     $ 3,824,306     $ 4,740,915  
   

(Unaudited) Six Months Ended June 30, 2026

 
   

Life

   

Annuity

   

Total

 

Deferred policy acquisition costs, beginning

  $ 60,257,100     $ 10,179,917     $ 70,437,017  

Capitalized

    5,725,973       1,299,103       7,025,076  

Amortized

    (2,788,762 )     (1,035,544 )     (3,824,306 )

Increase (decrease)

    2,937,211       263,559       3,200,770  

Deferred policy acquisition costs, ending

  $ 63,194,311     $ 10,443,476     $ 73,637,787  
   

(Unaudited) Six Months Ended June 30, 2025

 
   

Life

   

Annuity

   

Total

 

Deferred policy acquisition costs, beginning

  $ 57,778,383     $ 11,620,983     $ 69,399,366  

Capitalized

    5,562,770       543,694       6,106,464  

Amortized

    (3,660,007 )     (1,080,908 )     (4,740,915 )

Increase (decrease)

    1,902,763       (537,214 )     1,365,549  

Deferred policy acquisition costs, ending

  $ 59,681,146     $ 11,083,769     $ 70,764,915