Annual Report of Financial Highlights
 |
|
 |
2008 |
| NET INCOME |
|
|
|
INCOME |
|
|
|
Premiums - Life Insurance |
|
$5,520,154 |
|
Premiums - Annuities |
|
15,808,981 |
 |
 |
 |
 |
|
|
|
21,329,135 |
|
Investments |
|
31,345,428 |
 |
 |
 |
 |
|
|
|
52,674,563 |
|
Less: charges to income |
|
57,249,862 |
 |
 |
 |
 |
| NET INCOME |
|
($4,575,299) |
 |
 |
 |
 |
 |
 |
 |
 |
| TOTAL ASSETS |
|
$544,659,503 |
 |
 |
 |
 |
 |
 |
 |
 |
| TOTAL
LIABILITIES |
|
460,157,310 |
| UNASSIGNED SURPLUS |
|
84,502,187 |
 |
 |
 |
 |
| TOTAL
LIABILITIES AND SURPLUS |
|
$544,659,497 |
 |
 |
 |
 |
 |
 |
 |
 |
| SOLVENCY RATIO
OF ASSETS TO LIABILITIES |
|
1.18 to 1 |
| STATISTICAL
HIGHLIGHTS |
|
|
|
Number of certificates -
insurance |
|
101,493 |
|
Number of certificates -
annuities |
|
10,253 |
|
Insurance in force |
|
$743,910,000 |
|
Certificate and contract
reserves |
|
$442,768,000 |
A five year history of the the Annual Report of Financial Highlights is available
for download. FCSLA's growth in Total Reported Assets over
the past five years is visually displayed in a bar chart.
|