Sample Insurance Company
	Balance Sheets - Statutory
	As of March 31, 2008 and February 29, 2008
		March		December
		2008		2007
	ADMITTED ASSETS
	Cash	$            2,981,733		$            2,147,659
	Money Market Funds	1,870,549		3,789,965
	Certificates of Deposit	-		2,000,000
	Mortgage Backed Obligations	6,123,041		3,689,737
	Bonds	7,088,522		3,663,916
	Stocks	-		-
		$          18,063,846		$          15,291,277
	Other Assets:
	Premiums Receivable	$            1,775,137		$               941,672
	Policy Fees Receivable	32,741		36,495
	Accrued Interest Receivable	80,697		93,640
	Reinsurance Recoverable on Paid Loss and LAE	-		-
	Due from Affiliates	11,620		373
	Due from Others	1,583		520
	EDP Equipment and Software, net of Dep.	4,352		-
	Deferred Tax Asset	645,957		268,359
	Total Other Assets	$            2,552,087		$            1,341,059
	TOTAL ADMITTED ASSETS	$          20,615,933		$          16,632,336
	LIABILITIES
	Loss & LAE Reserves:
	Loss Reserves	$               276,000		$                    2,000
	LAE Reserves	11,649		800
	AO Reserves	6,800		1,800
	IBNR Reserves	20,000		19,000
	Total Loss and LAE Reserves:	$               314,449		$                  23,600
	Other Liabilities:
	Unearned Premium Reserve	$            6,321,967		$            2,364,142
	Commission Payable	516,106		295,721
	Policy Fees Payable	159,927		80,148
	Reinsurance Balances Payable	(71,700)		160,250
	Advance Premiums	278,812		75,728
	Premium Tax Payable	108,181		46,532
	Interest Payable - Surplus Note	-		-
	Accounts Payable	47,270		11,686
	Accrued Expenses	-		2,000
	Due to Affiliates	-		-
	Due to Others	49,535		54,919
	Unclaimed Property	-		-
	Federal Taxes Payable	-		-
	State Taxes Payable	-		-
	Total Other Liabilities:	$            7,410,098		$            3,091,126
	TOTAL LIABILITIES	$            7,724,547		$            3,114,726
	SURPLUS
	Common Stock	$                    1,000		$                    1,000
	Contributed Surplus	6,999,000		6,999,000
	Surplus Note	7,000,000		7,000,000
	Prior Year's Unassigned Surplus	(715,599)		-
	Non-Admitted Assets	(43,189)		(35,150)
	Change in Deferred Taxes	645,957		268,359
	Current Results	(995,783)		(715,599)
	TOTAL SURPLUS	$          12,891,386		$          13,517,610
	TOTAL LIABILITIES & SURPLUS	$          20,615,933		$          16,632,336