STATEMENT OF CONDITION 



of 



ASSETS 



December 31 December 31 



1944 1945 



U. S. Government Bonds . .$ 8,667,728.41 $11,702,587.16 

 State, County and 



Municipal Bonds 2,793,015.76 2,816,325.46 



Public Utility Bonds 6,018,587.36 7,049,068.76 



Railroad Bonds 1,300,291.71 1,962,035.91 



Industrial and Misc. Bonds 1,280,883.24 1,600,471.13 



F. H. A. Mortgage Loans . . 2,689,304.53 2,351,028.89 

 Loans secured by 



Policy Cash Values 1,010,714.51 981,046.80 



Cosh 465,294.84 429,089.15 



Int. on Investments 



Accrued but not due .. . 152,912.16 174,157.08 

 Net Premiums Due 



and Deferred 688,970.87 747,263.94 



Miscellaneous 329.44 698.03 



TOTAL $25,068,032.83 $29,813,772.31 



LIABILITIES and SURPLUS 



December 31 December 31 



1944 1945 



Policy Reserves $17,785,783.16 $20,722,046.06 



Policy Proceeds left 



on deposit 883,469.53 1,098,392.00 



Policy Div. left on deposit 1,005,845.94 1,210,722.92 

 Premiums and Interest 



paid in advance 928,103.18 1,328,591.44 



Policy Dividends declared . 466,434.37 533,062.03 

 Res. for Invest, and Int. 



Losses and Mort. Ftuct. . 875,000.00 1,000,000.00 

 Claims Reported but 



pending proof 78,354.47 35,307.25 



Res. for unreported claims . 96,900.00 67,150.00 

 All other liabilities 



including taxes 128,617.29 348,847.73 



TOTAL LIABILITIES 



EXCEPT CAPITAL ..$22,248,507.94 $26,344,119.43 



Capital Steele $ 200,000.00 $ 200,000.00 



Unassigned Surplus 2,619,524.89 3,269,652.88 



TOTAL . . $25,068,032.83 $29,813,772.31 



Insurance in Force $226,008,013.00 $250,639,350.00 



strong as an OAK! 



INSURANCE 

 COMPANY 



Like the oak, its symbol. Country Life drcrwrs its strength 

 from the soil. 



Country Life was organized by Illinois farmers to meet 

 the needs of Illinois farmers. 



Country Life is wholly owned by Illinois farmers. 

 Country Life is managed by men elected to their posi- 

 tions by Illinois farmers. 



Thus the sound financial growth of your Country Life 

 Insurance Company — its condition as of this date — 

 stands as testimony to the wealth of our Illinois land and 

 the foresight of the men who farm it. 



More than 140,000 Country Life policies are in force — 

 approximately 80% of them owned by Farm Bureau fam- 

 ilies. 



