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                             ATTORNEYS INSURANCE MUTUAL OF ALABAMA, INC.
                                             Balance Sheet - Statutory Basis
                                                      November 30, 2006
                                                            (Unaudited)
ADMITTED ASSETS
CASH AND INVESTED ASSETS
     Cash and Equivalents  $           877,376
     Bonds          11,855,698
     Stocks            3,253,104
TOTAL CASH AND INVESTED ASSETS          15,986,178
OTHER ASSETS
     Investment Income / Current Receivables              552,372
     Land and Building (Net of Depreciation of 
       $193,512 at November 30, 2006)              956,719
     Furniture and Equipment (Net of Depreciation
       of $19,469 at November 30, 2006)                26,602
TOTAL OTHER ASSETS            1,535,693
TOTAL ADMITTED ASSETS  $      17,521,871
LIABILITIES AND POLICYHOLDERS' SURPLUS
LIABILITIES
     Loss Reserves  $        7,553,000
     Unearned Premiums            1,387,427
     Payables / Accruals              701,597
TOTAL LIABILITIES            9,642,024
POLICYHOLDERS' SURPLUS
     8% Series A Subordinated Surplus Debentures              708,000
     Other Contributed Surplus            1,792,862
     Retained Earnings            5,299,853
     Current Year Gain                79,132
TOTAL POLICYHOLDERS' SURPLUS            7,879,847
TOTAL LIABILITIES AND POLICYHOLDERS' SURPLUS  $      17,521,871
   

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