Condensed Consolidated Balance Sheets (Unaudited) - USD ($)	Sep. 30, 2024	Dec. 31, 2023	[1]
Investments, available for sale:
Fixed maturities, at fair value (amortized cost $104,413,377 and $109,554,738)	$ 99,888,682	$ 103,409,836
Held to maturity redeemable preferred stock, at amortized cost	2,500,000	2,500,000
Equity securities, at fair value (cost $93,493,236 and $89,387,893)	209,395,420	156,550,812
Equity securities, at cost	16,733,309	15,977,368
Mortgage loans on real estate, at amortized cost (net of credit loss reserve of $281,000 and $274,000)	18,233,549	15,318,176
Notes receivable (net of credit loss reserve of $209,000 and $250,000)	13,746,866	14,009,225
Investment real estate, net	29,113,167	21,975,120
Policy loans	5,812,048	6,018,248
Short-term investments	8,174,456	29,132,236
Total investments	403,597,497	364,891,021
Cash and cash equivalents	36,008,132	41,185,196
Accrued investment income	1,482,531	2,001,064
Reinsurance receivables:
Future policy benefits	23,772,150	23,847,623
Policy claims and other benefits	4,387,584	4,734,575
Cost of insurance acquired	1,560,035	2,036,896
Income tax receivable	1,375,394	2,128,027
Other assets	776,257	884,531
Total assets	472,959,580	441,708,933
Policy liabilities and accruals:
Future policyholder benefits	220,076,367	223,757,860
Policy claims and benefits payable	3,992,089	4,188,917
Other policyholder funds	243,163	260,892
Dividend and endowment accumulations	14,608,032	14,749,258
Deferred income taxes	22,857,990	12,426,840
Notes payable	0	19,000,000
Other liabilities	6,139,163	5,635,373
Total liabilities	267,916,804	280,019,140
Shareholders' equity:
Common stock - no par value, stated value $.001 per share. Authorized 7,000,000 shares - 3,166,033 and 3,165,320 shares issued	3,168	3,167
Additional paid-in capital	32,636,397	32,613,817
Retained earnings	175,434,410	133,491,797
Accumulated other comprehensive loss	(3,574,509)	(4,882,317)
Total UTG shareholders' equity	204,499,466	161,226,464
Noncontrolling interests	543,310	463,329
Total shareholders' equity	205,042,776	161,689,793
Total liabilities and shareholders' equity	$ 472,959,580	$ 441,708,933

[1] Balance sheet audited at December 31, 2023.