2018 Financial and Fraternal Report

Statement of Operations As of December 31

Revenues

2018

Life insurance premiums

$39,678,176 30,608,428 9,292,044 $79,578,648

Annuity deposits

Other premiums and deposits

Total Premiums Earned

Investment revenue

$75,020,240

Other revenues Total Revenues

188,488

$154,787,376

Benefits and Expenses Insurance benefits paid to members and beneficiaries $113,161,284 Additions (reductions) of insurance policy (22,629,373) reserves net of interest paid to members Field sales support costs 6,626,035 Fraternal benefits and expenses 2,575,315 Operating expenses 13,681,135 Total Benefits and Expenses $113,414,396

Gain from operations before dividends and interest

$41,372,980

paid to members Dividends and interest

27,348,048 14,024,932

Gain from operations before investment results

Net realized capital gains

282,594

Net Income

$14,307,526

Financial Statements

[4]

VISIT US AT CFL.ORG