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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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May 31, 2008 |
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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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$ 716,415 |
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Bonds |
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11,133,488 |
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Stocks |
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3,922,040 |
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TOTAL CASH AND INVESTED ASSETS |
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15,771,943 |
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OTHER ASSETS |
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Investment Income / Current Receivables |
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473,468 |
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Land and Building (Net of Depreciation of |
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$234,654 at May 31, 2008) |
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915,577 |
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Furniture and Equipment (Net of Depreciation |
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of $38,776 at May 31, 2008) |
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18,147 |
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TOTAL OTHER ASSETS |
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1,407,192 |
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TOTAL ADMITTED ASSETS |
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$ 17,179,136 |
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LIABILITIES AND POLICYHOLDERS' SURPLUS |
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LIABILITIES |
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Loss Reserves |
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$ 6,044,000 |
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Unearned Premiums |
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1,404,956 |
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Payables / Accruals |
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880,689 |
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TOTAL LIABILITIES |
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8,329,645 |
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POLICYHOLDERS' SURPLUS |
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Contributed Surplus |
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1,394,712 |
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Retained Earnings |
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7,556,599 |
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Current Year Gain/(Loss) |
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(101,820) |
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TOTAL POLICYHOLDERS' SURPLUS |
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8,849,491 |
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TOTAL LIABILITIES AND POLICYHOLDERS' SURPLUS |
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$ 17,179,136 |
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