Note 11 - Policyholders' Account Balances (Tables)
|
6 Months Ended |
Jun. 30, 2026 |
|---|
| Notes Tables |
|
| Deposit Liabilities, Type [Table Text Block] |
| |
|
(Unaudited)
|
|
|
|
|
|
| |
|
June 30, 2026
|
|
|
December 31, 2025
|
|
|
Annuity
|
|
$ |
432,786,404 |
|
|
$ |
412,013,139 |
|
|
Deposit-type liabilities
|
|
|
|
|
|
|
|
|
|
Dividend accumulations
|
|
|
2,668,398 |
|
|
|
2,558,598 |
|
|
Supplemental contracts with out life contingencies
|
|
|
996,018 |
|
|
|
1,042,149 |
|
|
Premium growth funds
|
|
|
1,015,357 |
|
|
|
1,001,467 |
|
|
Premium deposit funds
|
|
|
653,817 |
|
|
|
505,293 |
|
|
Total deposit-type liabilities
|
|
|
5,333,590 |
|
|
|
5,107,508 |
|
|
Total Policyholders' account balances'
|
|
$ |
438,119,994 |
|
|
$ |
417,120,647 |
|
|
| Policyholder Account Balance, Guaranteed Minimum Crediting Rate [Table Text Block] |
|
(Unaudited) June 30, 2026
|
|
|
Range of
Guaranteed
Minimum Crediting
Rates
|
|
|
At Guaranteed
Minimum
|
|
|
1 Basis Point to 50
Basis Points
Above Guaranteed
Minimum
|
|
|
51 Basis Point to
150 Basis Points
Above Guaranteed
Minimum
|
|
|
Greater Than 150
Basis Points
Above Guaranteed
Minimum
|
|
|
Total
|
|
|
Less than 2.00%
|
|
|
$ |
- |
|
|
$ |
- |
|
|
$ |
- |
|
|
$ |
- |
|
|
$ |
- |
|
| 2.00% to 2.99% |
|
|
|
262,441 |
|
|
|
635,155 |
|
|
|
1,149,360 |
|
|
|
1,464,679 |
|
|
|
3,511,635 |
|
| 3.00% to 3.99% |
|
|
|
31,901,577 |
|
|
|
6,577,581 |
|
|
|
16,352,652 |
|
|
|
12,583,544 |
|
|
|
67,415,354 |
|
|
Greater than 4.00%
|
|
|
|
36,715,056 |
|
|
|
(87 |
) |
|
|
27,215,101 |
|
|
|
295,871,303 |
|
|
|
359,801,373 |
|
|
Total
|
|
|
$ |
68,879,074 |
|
|
$ |
7,212,649 |
|
|
$ |
44,717,113 |
|
|
$ |
309,919,526 |
|
|
$ |
430,728,362 |
|
|
December 31, 2025
|
|
|
Range of
Guaranteed
Minimum Crediting
Rates
|
|
|
At Guaranteed
Minimum
|
|
|
1 Basis Point to 50
Basis Points
Above Guaranteed
Minimum
|
|
|
51 Basis Point to
150 Basis Points
Above Guaranteed
Minimum
|
|
|
Greater Than 150
Basis Points
Above Guaranteed
Minimum
|
|
|
Total
|
|
|
Less than 2.00%
|
|
|
$ |
- |
|
|
$ |
- |
|
|
$ |
- |
|
|
$ |
- |
|
|
$ |
- |
|
| 2.00% to 2.99% |
|
|
|
116,178 |
|
|
|
729,836 |
|
|
|
1,183,315 |
|
|
|
2,391,536 |
|
|
|
4,420,865 |
|
| 3.00% to 3.99% |
|
|
|
35,319,569 |
|
|
|
6,971,247 |
|
|
|
21,064,564 |
|
|
|
17,902,561 |
|
|
|
81,257,941 |
|
|
Greater than 4.00%
|
|
|
|
36,815,487 |
|
|
|
(87 |
) |
|
|
28,302,393 |
|
|
|
259,073,966 |
|
|
|
324,191,759 |
|
|
Total
|
|
|
$ |
72,251,234 |
|
|
$ |
7,700,996 |
|
|
$ |
50,550,272 |
|
|
$ |
279,368,063 |
|
|
$ |
409,870,565 |
|
|
| Policyholder Account Balance [Table Text Block] |
| |
|
(Unaudited)
|
|
|
|
|
| |
|
June 30, 2026
|
|
|
December 31, 2025
|
|
|
Policyholders' account balances with guaranteed minimum crediting rates
|
|
|
430,728,362 |
|
|
|
409,870,565 |
|
| |
|
|
|
|
|
|
|
|
|
Deposit-type liabilities
|
|
|
5,333,590 |
|
|
|
5,107,508 |
|
|
Policyholders' account balances ceded
|
|
|
1,990,852 |
|
|
|
2,075,077 |
|
|
Accrued interest credited to policyholders' account balances
|
|
|
67,190 |
|
|
|
67,497 |
|
|
Total additions
|
|
|
7,391,632 |
|
|
|
7,250,082 |
|
|
Total policyholders' account balances
|
|
|
438,119,994 |
|
|
|
417,120,647 |
|
| |
|
(Unaudited)
|
|
| |
|
June 30, 2026
|
|
|
June 30, 2025
|
|
|
Policyholders' account balances, beginning
|
|
$ |
417,120,647 |
|
|
$ |
431,190,092 |
|
|
Deposits
|
|
|
40,372,473 |
|
|
|
18,392,643 |
|
|
Withdrawals
|
|
|
(35,590,495 |
) |
|
|
(32,789,147 |
) |
|
Funds withheld under coinsurance agreement
|
|
|
6,491,712 |
|
|
|
5,750,119 |
|
|
Interest credited
|
|
|
9,725,657 |
|
|
|
9,589,981 |
|
|
Increase (decrease)
|
|
|
20,999,347 |
|
|
|
943,596 |
|
|
Policyholders' account balances, ending
|
|
$ |
438,119,994 |
|
|
$ |
432,133,688 |
|
| |
|
|
|
|
|
|
|
|
|
Weighted Average Crediting Rate
|
|
|
4.55 |
% |
|
|
4.44 |
% |
|
Cash surrender value
|
|
$ |
413,709,420 |
|
|
$ |
407,163,247 |
|
|