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 ABOUT SAUCON MUTUAL |
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| Financials | ||||||
| Comparative Condensed Statement of Assets and Liabilities - December 31, 2008 The financial information shown has been extracted from the organization's annual financial statements. It does not constitute a complete financial statement presentation and should be read in conjuction with the full annual statements and disclosures. |
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| Assets | Liabilities | |||||
| 2008 | 2007 | 2008 | 2007 | |||
| Cash | $5,970,265 | $494,705 | Unearned Premiums | $17,495 | $17,932 | |
| Bonds | $2,071,769 | $6,237,573 | Policyholder Deposits | $2,556,136 | $2,657,603 | |
| Common Stocks | $5,878,988 | $13,234,944 | Loss Reserves | $15,000 | $41,550 | |
| Preferred Stocks | - | $40,398 | Ceded Reinsurance Payable | - | $3,640 | |
| Equipment | - | $724 | Accrued Expenses | $45,108 | $69,085 | |
| Accrued Interest & Dividends | $29,501 | $106,604 | Payable for Securities | - | $35,484 | |
| Reinsurance Recoverable | $22,816 | $6,250 | Advanced Premiums | $7,780 | $7,185 | |
| Reinsurance Receivable | $18,750 | - | Income Taxes Payable | - | $10,046 | |
| Prepaid Taxes | $12,400 | - | Deferred Taxes | $2547,740 | $1,128,739 | |
| Receivable from Broker | $58,172 | - | Reserve for Policyholders | $11,173,279 | $16,151,425 | |
| Receivable from Agency | $5,453 | - | Total Liabilities | $14,069,538 | $20,122,689 | |
| Perpetual Deposit on Real Estate | $1,491 | $1,491 | ||||
| Total Assets | $14,069,538 | $20,122,689 | ||||
Saucon Mutual Insurance
Company |
528 North New Street,
Fourth Floor,
Bethlehem, Pennsylvania 18018 E-mail: info@sauconmutual.com | Telephone 610- 868-1800 | Fax 610-317-0998 |
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Copyright © 2007 Saucon Mutual Insurance Company All Rights Reserved. |
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