Financial Information
St. Johns Insurance Company files the following Statutory Financial Statement with the
Office of Insurance Regulation on a quarterly basis.
St. Johns Insurance Company, Inc.
Statutory Balance Sheet
As of March 31, 2012
(Unaudited)
| Admitted Assets |
| Cash and Invested Assets: |
| Fixed income securities, at amortized cost |
$55,293,135 |
| Short-term investments |
4,436,081 |
| Cash |
5,460,846 |
| Total Cash and Invested Assets |
65,190,062 |
| Accrued investment income |
315,226 |
| Premium and agents balances receivable |
29,007,267 |
| Reinsurance recoverable on paid losses |
5,726,846 |
| Property and equipment, net |
48,386 |
| Other assets |
210,339 |
| Deferred income tax assets, net of valuation allowance |
5,567,423 |
| Total Admitted Assets |
$106,065,549 |
| Liabilities and Policyholders' Surplus |
| Liabilities: |
| Losses and loss adjustment expense reserves, net |
$17,946,364 |
| Unearned premiums, net |
39,437,711 |
| Reinsurance payable |
6,611,071 |
| Accounts payable, commissions, and accrued expenses |
(2,989,082) |
| Total Liabilities |
61,006,064 |
| Capital and Policyholders' Surplus |
| Capital stock |
1,500,000 |
| Surplus debentures |
17,058,824 |
| Additional paid in capital |
82,275,000 |
| Unassigned funds |
(55,774,339) |
| Total Capital and Policyholders' Surplus |
45,059,485 |
| Total Liabilities and Policyholders' Surplus |
$106,065,549 |
Financial Information (PDF)