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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
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ATTORNEYS INSURANCE MUTUAL OF ALABAMA, INC. |
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Balance Sheet - Statutory
Basis |
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August 31, 2007 |
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(Unaudited) |
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ADMITTED ASSETS |
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CASH AND INVESTED ASSETS |
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Cash and Equivalents |
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$ 865,021 |
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Bonds |
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11,506,259 |
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Stocks |
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3,614,649 |
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TOTAL CASH AND INVESTED ASSETS |
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15,985,929 |
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OTHER ASSETS |
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Investment Income / Current Receivables |
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565,325 |
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Land and Building (Net of Depreciation of |
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$214,083 at August 31, 2007) |
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936,148 |
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Furniture and Equipment (Net of Depreciation |
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of $33,258 at August 31, 2007) |
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18,911 |
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TOTAL OTHER ASSETS |
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1,520,384 |
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TOTAL ADMITTED ASSETS |
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$ 17,506,313 |
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LIABILITIES AND POLICYHOLDERS' SURPLUS |
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LIABILITIES |
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Loss Reserves |
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$ 7,321,000 |
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Unearned Premiums |
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1,528,942 |
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Payables / Accruals |
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752,823 |
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TOTAL LIABILITIES |
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9,602,765 |
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POLICYHOLDERS' SURPLUS |
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8% Series A Subordinated Surplus Debentures |
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Other Contributed Surplus |
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1,947,620 |
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Retained Earnings |
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5,748,590 |
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Current Year Gain |
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207,338 |
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TOTAL POLICYHOLDERS' SURPLUS |
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7,903,548 |
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TOTAL LIABILITIES AND POLICYHOLDERS' SURPLUS |
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$ 17,506,313 |
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