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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
February 28, 2005
(Unaudited)
|
ADMITTED ASSETS |
|
|
|
|
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CASH AND INVESTED ASSETS |
|
|
|
|
|
|
Cash and Equivalents |
|
$ 1,345,838 |
|
Bonds |
|
12,074,658 |
|
Stocks |
|
2,342,260 |
|
|
|
|
TOTAL CASH AND INVESTED ASSETS |
15,762,756 |
|
|
|
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OTHER ASSETS |
|
|
|
|
|
Investment Income / Current Receivables |
|
618,041 |
|
Land and Building (Net of Depreciation of
$128,256 at February 28, 2005)
Furniture and Equipment (Net of Depreciation
of $24,383 at February 28, 2005)
|
|
|
962,618
|
|
10,114
|
|
|
|
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TOTAL OTHER ASSETS
|
1,590,773
|
|
|
|
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TOTAL ADMITTED ASSETS
|
$ 17,353,529 |
|
|
|
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LIABILITIES AND POLICYHOLDERS' SURPLUS |
|
|
|
|
|
LIABILITIES |
|
|
|
|
|
Loss Reserves |
|
$ 7,121,000 |
|
Unearned Premiums |
|
1,382,448 |
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Payables / Accruals |
|
664,680 |
|
|
|
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TOTAL LIABILITIES |
9,168,128 |
|
|
|
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POLICYHOLDERS' SURPLUS |
|
|
|
|
|
8% Series A Subordinated Surplus Debentures |
|
2,060,000 |
|
Other Contributed Surplus |
|
1,189,552 |
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Retained Earnings |
|
4,872,313 |
|
Current Year Gain |
|
63,536 |
|
|
|
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TOTAL POLICYHOLDERS' SURPLUS |
8,185,401 |
|
|
|
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TOTAL LIABILITIES AND POLICYHOLDERS' SURPLUS
|
$ 17,353,529 |
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