Condensed Consolidated Balance Sheets (Unaudited) - USD ($)	Jun. 30, 2022	Dec. 31, 2021	[1]
Investments available for sale:
Fixed maturities, at fair value (amortized cost $121,435,668 and $127,949,963)	$ 118,136,543	$ 140,963,881
Equity securities, at fair value (cost $72,291,234 and $68,403,168)	133,462,075	122,229,121
Equity securities, at cost	14,543,343	14,543,343
Mortgage loans on real estate at amortized cost	29,787,180	29,183,562
Investment real estate	37,879,631	39,748,261
Notes receivable	17,712,550	17,722,976
Policy loans	7,322,454	7,390,497
Total investments	358,843,776	371,781,641
Cash and cash equivalents	19,049,190	30,787,278
Accrued investment income	1,278,020	1,264,159
Reinsurance receivables:
Future policy benefits	24,446,269	24,740,562
Policy claims and other benefits	3,889,077	4,426,997
Cost of insurance acquired	3,042,327	3,386,501
Income tax receivable	908,638	975,373
Other assets	567,633	1,097,246
Total assets	412,024,930	438,459,757
Policy liabilities and accruals:
Future policyholder benefits	232,537,561	235,367,680
Policy claims and benefits payable	3,517,179	3,941,305
Other policyholder funds	340,253	345,248
Dividend and endowment accumulations	14,746,845	14,686,166
Deferred income taxes	11,560,222	13,680,396
Notes payable	7,000,000	24,000,000
Trading securities, at fair value (proceeds $0 and $2,202)	0	1,116
Other liabilities	5,410,367	5,193,039
Total liabilities	275,112,427	297,214,950
Shareholders' equity:
Common stock - no par value, stated value $.001 per share. Authorized 7,000,000 shares - 3,169,243 and 3,166,669 shares issued	3,170	3,167
Additional paid-in capital	32,854,050	32,780,587
Retained earnings	106,158,464	97,731,347
Accumulated other comprehensive income	(2,634,157)	10,253,151
Total UTG shareholders' equity	136,381,527	140,768,252
Noncontrolling interests	530,976	476,555
Total shareholders' equity	136,912,503	141,244,807
Total liabilities and shareholders' equity	$ 412,024,930	$ 438,459,757

[1] Balance sheet audited at December 31, 2021.