DGICB: the balance sheet

Held to maturity, at amortized cost (fair value 754,765,403 and 731,659,323 net of allowance for expected credit losses of 1,306,225 and 1,312,903)

803,294,965

783,951,953

761,409,462

Available for sale, at fair value (amortized cost 650,458,942 and 650,370,011)

636,519,616

649,110,503

642,657,930

Equity securities, at fair value

48,879,905

45,105,813

43,637,074

Short-term investments, available for sale

26,530,086

26,016,894

37,432,420

Total investments

1,515,224,572

1,504,185,163

1,485,136,886

Cash

23,722,355

35,501,229

38,571,476

Accrued investment income

11,426,010

11,978,051

11,459,164

Premiums receivable

217,819,143

197,327,411

192,896,079

Reinsurance receivable (net of allowance for expected credit losses of 390,961 and 374,883)

413,118,569

418,091,102

403,763,714

Deferred policy acquisition costs

71,900,055

71,995,952

73,423,403

Deferred tax asset, net

14,075,860

14,843,359

14,002,759

Prepaid reinsurance premiums

197,964,480

179,320,225

180,412,938

Property and equipment, net

1,140,681

2,292,226

2,366,252

Accounts receivable - securities

-

0

Federal income taxes recoverable

2,692,615

940,090

4,403,466

Due from affiliate

5,293,434

5,712,446

8,647,871

Goodwill

5,625,354

Other intangible assets

958,010

Other

1,124,719

9,918

Total assets

2,482,085,857

2,448,780,536

2,421,677,290

Losses and loss expenses

1,129,134,908

1,129,814,963

1,114,301,536

Unearned premiums

639,691,636

617,210,414

622,948,885

Accrued expenses

2,082,482

2,311,032

2,500,859

Reinsurance balances payable

1,958,420

3,141,996

2,912,424

Borrowings

35,000,000

Cash dividends declared to stockholders

0

Federal income taxes payable

-

0

Accounts payable - securities

-

4,350,228

7,975,071

Other

8,109,834

7,859,267

8,596,657

Total liabilities

1,815,977,280

1,799,687,900

1,794,235,432

Preferred stock, .01 par value, authorized 2,000,000 shares none issued

0

Common stock-Common Class A

344,789

344,410

340,375

Common stock-Common Class B

56,492

Additional paid-in capital

394,280,322

393,244,272

386,550,965

Accumulated other comprehensive loss

-11,616,681

-12,407,401

-12,083,931

Retained earnings

324,270,012

309,081,220

293,804,314

Treasury stock, at cost

41,226,357

Total stockholders equity

666,108,577

649,092,636

627,441,858

Total liabilities and stockholders equity

2,482,085,857

2,448,780,536

2,421,677,290

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