2021 Financial and Fraternal Report Degree of Honor
Statement of Financial Position As of December 31, 2021 Estado de posición financiera Al 31 de diciembre
Statement of Operations As of December 31, 2021 Estado de operaciones Al 31 de diciembre
ASSETS Bonds
REVENUES Life Insurance Premiums
$ 1,562,543
$ 36,286
Mortgage Loans
33,186 24,677
Annuity Deposits
23,393
Policy Loans
Other Premiums and Deposits
1,676
Total Premiums Earned
$ 61,355
Preferred Stocks Common Stocks
-
20,063 17,278 13,225
Other Long-Term Investments Cash and Short-Term Investments
Investment Revenue
72,026
Other Revenues Total Revenues
1,538
Total Cash and Investments
$ 1,670,972
$ 134,919
Home O ffi ce, at Cost Net of Depreciation Investment Income Due and Accrued
$ 5,228
BENEFITS AND EXPENSES Insurance and Surrenders Paid
17,383
$104,979
Other Assets Total Assets
3,192
Additions of Reserves Field Sales Support Costs
(28,097)
$ 1,696,775
4,748 2,485 12,640
Fraternal Benefits and Expenses
LIABILITIES Policy Reserves
Operating Expenses
Total Benefits and Expenses
$ 96,755
$ 1,460,337
Interest Maintenance Reserve
8,579 12,565 68,233
Premiums Received in Advance and on Deposit
Gain from Operations before Dividends
$ 38,164
and Interest Dividends and Interest Net Gain from Operations Net Realized Capital Gains
Funds on Deposit Other Liabilities
27,869 10,295
8,825
Total Liabilities and Reserves
$ 1,558,539
891
Net Income
$ 11,186
Surplus
$ 123,986
Asset Valuation and Other Reserves
14,250
Total Adjusted Capital (TAC)
$ 138,236
Total Liabilities and Surplus
$ 1,696,775
Real People. Real Communities. REAL IMPACT. (5)
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