Major Rating Factors:
Weak overall results on stability tests (2.0 on a scale of 0 to 10) including weak risk diversification exacerbated by a small asset and capital base and negative cash flow from operations for 2022. Fair profitability (4.4). Return on equity has been low, averaging 3.3%. Strong capitalization (8.2) based on excellent risk adjusted capital (severe loss scenario).
Other Rating Factors:
High quality investment portfolio (9.5). Excellent Liquidity (9.7).
Stability Factors:
D - Limited diversification of general business, policy, and/or investment risk.
F - Negative cash flow.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Other (100%)
Licensed in:
AR
Investments
Invested Assets
Cash
CMO & Structured Securities
Other Investment Grade Bonds
Non-Investment Grade Bonds
Common & Preferred Stock
Mortgages in Good Standing
Non-Performing Mortgages
Real Estate
Other Investments
Investments in Affiliates
Corporate Info
Group Affiliation
None
Investment Rating
--
Company Address
3616 JEFFERSON AVENUE
Texarkana, AR 71854
Texarkana, AR 71854
Phone Number
(870) 773-7221
NAIC Number
86118
Largest Affiliates
No affiliate information available.