2017 Financial and Fraternal Report

STATEMENT OF FINANCIAL POSITION As of December 31

Assets Bonds

2017

$1,494,103,424

Mortgage loans

23,699,648 28,077,007

Policy loans

Preferred stocks Common stocks

2,137,351

10,794,038 18,793,954 38,332,548

Other long-term investments Cash and short-term investments Total Cash and Investments

$1,615,937,970

Home Office, at cost net of depreciation Investment income due and accrued

5,288,317 18,890,765 1,460,247

Other assets Total Assets

$1,641,577,299

Liabilities Policy reserves

$1,455,643,795

Interest maintenance reserve

11,682,856 12,373,744 53,552,498

Premiums received in advance and on deposit Members’ and beneficiaries’ funds on deposit

Other liabilities

8,831,321

Total Liabilities and Reserves

$1,542,084,214

Surplus

88,051,947 11,441,139 $99,493,086

Asset valuation and other reserves

Total Adjusted Capital

Total Liabilities and Surplus

$1,641,577,299

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