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