Jefferson Standard Life Insurance Co.
GREENSBORO, NORTH CAROLINA
FINANCIAL STATEMENT AT THE CLOSE OF BUSINESS DECEMBER 31, 1919
ASSETS . LIABILITIES
Real Estate Cost Price $ 211,922.99 Total Reserves .... .. .....$ 9,881,242.27
First Mortgage Real Estate Loans .....:................ 6,545,586,80 Au other Liabilities ..... 258,782.08
Surplus Reserves for Distribution to
Policyholders During 1920.. ...$226,819.15
Held Awaiting Apportionment Upon
Deferred Dividend Policies . .. ... 496,074.58
Policy Loans, Premium Notes and Liens..... 1,991,618.74
(Secured by Legal Reserve)
Liberty Loan Bonds . 895,950.00
Other Bonds, Stocks and Collateral Loans ... 635,540.40
Certificates of Deposit .- 443,370.10
Cash in Office and Banks 387,691.26 Capital and Surplus . 580,000.00
Interest Due and Accrued 138,538.64
Net Due and Deferred Premiums.... 187,052.91 Total Surplus Protecting Policyholders 1,302,893.73
(Secured by Legal Reserve) . :
All Other Admitted Assets 5,646.24
Total Admitted Assets ..$11,442,918.08 Total ..$11,442,918.08
GAINS FOR THE YEAR 1919
In Assets . .........:. .: $ 1,739,593.13
In Reserve ............ ........ - - - - 1,676,838.46
In Insurance in Force v ....... ... .... 37,201,240.00
In Total Surplus to Protect Policyholders .........1... 203,571.37
THIS ITEM INCLUDES GAINS IN DIVIDEND FUNDS AS WELL AS UNASIGNED SURPLUS
Total Payments to Policyholders During 1919 ...... . .......... . 1,180,832.00
Total Payments to Policyholders Since Organization. 5,362,951.00
Insurance Issued During Year Paid for Basis.... 47,618,895.00
Total Insurance in Force December 31, 1919...'...,: ..... 118,846,234.00
8,128 Policies Issued During 1911 on North Carolinians, Totaling. 17,410,185.00
29,451 Policies in Force on North Carolinians, Totaling 51,376,162.00
OFFICIAL STATEMENT AUDITED AND APPROVED BY THE EXAMINERS OF THE INSURANCE DEPARTMENTS
OF THE STATES OF NORTH CAROLINA AND VIRGINIA
Jefferson Standard Life Insurance Co.
GREENSBORO, NORTH CAROLINA
This Company is a North Carolina Company. The officers live in the State. The directors live in the
State. Forty per cent of the business is in the State. It is an institution of which North Carolina may well be
proud.
We are establishing an agency at Chapel Hill, and we ask that you give us your business. Every dollar
placed with us for your protection helps North Carolina, for every dollar of it is invested here.
Look for our announcement next week.
THE UNIVERSITY AGENCY