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Attorneys
Insurance Mutual
of Alabama, Inc.
200 Inverness Parkway
Birmingham, Alabama 35242
Telephone 205-980-0009
Toll Free 800-526-1246
Fax 205-980-9009
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Recent Newsletters
ATTORNEYS INSURANCE MUTUAL OF ALABAMA, INC.
Balance Sheet -
Statutory Basis
November 30, 2003
(Unaudited)
|
ADMITTED ASSETS |
|
|
|
|
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CASH AND INVESTED ASSETS |
|
|
|
|
|
|
Cash and Equivalents |
|
$ 931,370 |
|
Bonds |
|
12,457,729 |
|
Stocks |
|
1,448,037 |
|
|
|
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TOTAL CASH AND INVESTED ASSETS |
14,837,136 |
|
|
|
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OTHER ASSETS |
|
|
|
|
|
Investment Income / Current Receivables |
|
858,315 |
|
Land and Building (Net of Depreciation of
$123,070 at November 30, 2003)
Furniture and Equipment (Net of Depreciation
of $45,295 at November 30, 2003)
|
|
|
973,756
|
|
10,572
|
|
|
|
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TOTAL OTHER ASSETS
|
1,842,643
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|
|
|
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TOTAL ADMITTED ASSETS
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$ 16,679,779
|
|
|
|
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LIABILITIES AND POLICYHOLDERS' SURPLUS |
|
|
|
|
|
LIABILITIES |
|
|
|
|
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Loss Reserves |
|
$ 7,122,000 |
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Unearned Premiums |
|
1,248,640 |
|
Payables / Accruals |
|
560,566 |
|
|
|
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TOTAL LIABILITIES |
8,931,206 |
|
|
|
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POLICYHOLDERS' SURPLUS |
|
|
|
|
|
8% Series A Subordinated Surplus Debentures |
|
2,641,000 |
|
Other Contributed Surplus |
|
1,109,746 |
|
Retained Earnings |
|
3,626,817 |
|
Current Year Gain |
|
371,010 |
|
|
|
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TOTAL POLICYHOLDERS' SURPLUS |
7,748,573 |
|
|
|
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TOTAL LIABILITIES AND POLICYHOLDERS' SURPLUS
|
$ 16,679,779
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