Note 22: Quarterly Financial Data (unaudited)

12 Months Ended

Dec. 31, 2016

Notes

Note 22: Quarterly Financial Data (unaudited)

22)       Quarterly Financial Data (Unaudited)

	2016 (2)
	Three Months Ended
	March 31 (As Filed)	March 31 (Restated)	June 30 (As Filed)	June 30 (Restated)	September 30 (As Filed)	September 30 (Restated)	December 31
Revenues	$      66,014,315	$     67,355,307	$      81,739,601	$     81,312,192	$     85,239,768	$       84,393,427	$      74,147,490
Benefits and expenses	63,163,550	63,163,550	73,758,739	73,758,739	77,427,792	77,427,792	72,117,972
Earnings before income taxes	2,850,765	4,191,757	7,980,862	7,553,453	7,811,976	6,965,635	2,029,518
Income tax expense	(1,057,233)	(1,580,220)	(2,623,575)	(2,456,885)	(2,520,279)	(2,190,206)	(233,548)
Net earnings	1,793,532	2,611,537	5,357,287	5,096,568	5,291,697	4,775,429	1,795,970
Net earnings per common share (1)	$0.12	$0.18	$0.36	$0.35	$0.36	$0.32	$0.12
Net earnings per common share    assuming dilution (1)	$0.12	$0.17	$0.35	$0.34	$0.31	$0.31	$0.12

	2015 (2)
	Three Months Ended
	March 31 (As Filed)	March 31 (Restated)	June 30 (As Filed)	June 30 (Restated)	September 30 (As Filed)	September 30 (Restated)	December 31 (As Filed)	December 31 (Restated)
Revenues	$     64,049,632	$      66,537,523	$     76,040,615	$       77,292,625	$    75,494,686	$     74,062,877	$      67,576,067	$     66,671,215
Benefits and expenses	61,051,248	61,051,248	69,808,663	69,808,663	67,700,286	67,700,286	64,779,238	64,779,238
Earnings before income taxes	2,998,384	5,486,275	6,231,952	7,483,962	7,794,400	6,362,591	2,796,829	1,891,977
Income tax expense	(1,134,681)	(2,104,958)	(2,379,673)	(2,867,957)	(2,904,615)	(2,346,210)	(779,716)	(426,823)
Net earnings	1,863,703	3,381,317	3,852,279	4,616,005	4,889,785	4,016,381	2,017,113	1,465,154
Net earnings per common share (1)	$0.13	$0.24	$0.27	$0.32	$0.34	$0.28	$0.14	$0.10
Net earnings per common share    assuming dilution (1)	$0.13	$0.23	$0.26	$0.31	$0.32	$0.26	$0.13	$0.10

	2014 (2)
	Three Months Ended
	March 31 (As Filed)	March 31 (Restated)	June 30 (As Filed)	June 30 (Restated)	September 30 (As Filed)	September 30 (Restated)	December 31 (As Filed)	December 31 (Restated)
Revenues	$      45,053,276	$      45,502,539	$     59,411,730	$     60,200,879	$     61,725,792	$      61,012,516	$     60,745,876	$     60,662,683
Benefits and expenses	44,887,289	44,887,289	55,224,633	55,224,633	58,348,652	58,348,652	55,995,147	55,995,147
Earnings before income taxes	165,987	615,250	4,187,097	4,976,246	3,377,140	2,663,864	4,750,729	4,667,536
Income tax expense	(27,139)	(202,352)	(1,563,034)	(1,870,803)	(1,239,318)	(961,140)	(1,896,814)	(1,864,368)
Net earnings	138,848	412,898	2,624,063	3,105,443	2,137,822	1,702,724	2,853,915	2,803,168
Net earnings per common share (1)	$0.01	$0.03	$0.19	$0.22	$0.15	$0.12	$0.20	$0.20
Net earnings per common share    assuming dilution (1)	$0.01	$0.03	$0.18	$0.22	$0.15	$0.12	$0.20	$0.19

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(1)    Earnings per share amounts have been adjusted retroactively for the effect of annual stock dividends.

(2)    Earnings restated – See Note 21 of the Notes to Consolidated Financial Statements for additional information regarding immaterial error in accounting for loan commitments.