Note 6 - Deposit-type Contracts

6 Months Ended

Jun. 30, 2026

Note 6.

Deposit-type Contracts

Liabilities for deferred annuity deposit-type contracts are included without reduction for potential surrender charges. This liability is equal to the accumulated account deposits, plus interest credited, and less policyholder withdrawals. The weighted average effective crediting rate for the six months ended June 30, 2026 was 2.86%. The following table provides information about deferred annuity deposit-type contracts for the six months ended June 30, 2026 and 2025.

	Six months ended			Six months ended
	June 30,			June 30,
	2026			2025
Balance at beginning of period	$	87,708,371		$	77,804,068
Deposits received		4,515,886			3,343,922
Interest credited		1,258,388			1,005,651
Withdrawals		(5,439,787	)		(11,212,883	)
Balance at end of period	$	88,042,858		$	70,940,758

The premium deposit funds credit interest based upon a fixed interest rate set by the Company. The Company has the ability to change this rate subject to minimums established by law or administrative regulation.

Liabilities for premium deposit fund deposit-type contracts are included without reduction for potential surrender charges. This liability is equal to the accumulated account deposits, plus interest credited, and less withdrawals. The following table provides information about premium deposit fund deposit-type contracts for the six months ended June 30, 2026 and 2025.

	Six months ended			Six months ended
	June 30,			June 30,
	2026			2025
Balance at beginning of period	$	115,890		$	136,310
Deposits received		-			3,011
Interest credited		1,177			1,393
Withdrawals		(7,330	)		(12,689	)
Balance at end of period	$	109,737		$	128,025