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~ \. " """ '" ~ ( ... ~ " '.. .::l .. ~ .... N <'C 1/ t--/ 0'" ~ ) ."f ,t'/' / I :!S z ~ z '~ ... ... o ~ ~ z o ~ o u q i ~ q li !! I- Z L.U ~ I- ~ < c.. L.U C L.U U Z < ~ ::> Ul z - .." " 'il " c .:z .S ::: ~ t' ..;: :.. ~~~ il ~ ';! .:!' .;J " .s - _5 g -< a .9 .. .~ .! ~ } a li .... i! .. ~ ~ ::::t ~ S ~ ~~Q'a ~ a ~ ~ 0' 1 " ~ 2 .... '" ~ a ~ :; !l :::l .~ ~ I: ~ '3 u 0 " ,;I U ~ 0- -5 U ... u ~ Q'- ~ " a u ~ ... ~ ""2 a .~ 5 ...::! r: ~ "" ~ = .... ... "" - '.. " t"l ~ h ~ ..::: \,) .... tJ ~ tS 0- -:; ..::: i , , , , , I , , , , , , 1" Cl\ C7l ... , .: ..., , , ....., ...' I.: Q,' 0(: , , , ~ ~ -= ~ ~ E t.~ g ~ E 'E QfS:g-~-3 ua!-o-" I :Ii ~ ...... I:u : "if :j ~ oCI ! :.5 j j .5 I ~ .:: --.. ." " .. li ~ .5 .,; 5 ~ ~ ,~ g .. :t - ~ ... c .. .. " .Q .. .... a oS li 9 ~ .5" ..!l a 's 0'] ~ 5Q.~~ u .. :; ll_ e e s: :l. '" ~ ;_Q_ a ."" a ;:; Q ~ 1~.~~~ Q Q a .::l ~ ~ ":5 -=: a ~ '" '- ~ "," ~ : :g .. t: 2 ::: :: ..s ~ :s ] u o o..J " "S U ' .:/ "S i to a 1 ::: III '" o ~ i 0( Q ~ J: o '" u .. Cl r= V1! ~ ., c: I tn I ~:,...: cnl~: llU"1 ZIta,.' a: I ',I tsJ 1)(t Eo- I :r I en 10: ~I_I 31V1 , , , , , , , , , , , , , , , , , .. "S :i u \:; l! ... Ii:: II ;; " .:: .. " :g J II 1i a ~ " - .!:! .., :H ~ Q' Q' ;J ~ il , '- s. " .. ,:, c ~ Q' t;- .." --i e:, S : ..::: ri : == .S: , " l! I 0 .:;, : a , to : " , 0-: 13 : ~ : ~ >1 - :z' ~ ~l - :El 50: .~ u: " I "'! V)~! ;: "'5 t:J1 ~ 'a a:' ... ",:Jl 8 _ j V1! ~ 0" w Z' ~ C; c:: e t:J1 ~ i-: U1' ...... tLJ: ...t:~: ',::, I .. , e ' s-s ~ . .. ... ..g .s fi ~o- :!j 51 " .:l Ls Q I U .s Q' ~ :~ i! 13 e " I! " ~ " .... .. " ~ ..., .. .. " = ~ ~ .Q " il I~ ~ III .,., :::l , , \ V1 , III 'S j , , , , :i: Q -;;- , .1! .... 9 Q <: ."~ ~ '~. -.~;.;., ...? ~"r"" ''\.. '\ ~ .... . r.. .II}" -. ,'\ii." ."", /)"\', ! ,l/o, ':.~.", \, -~, ~ l }{ ,;i[r~;~;~~.~~' ... '\\ .j..'~.} ;;;.l'J'.~ "~I ....1 ". _",I~' ,t" '/' \ ,; l '" .,1.. ~". ,II~, '~':}, ;;;--,.~.:,..".A~....~'I'''Y" '/ "'~' 1'l::1......4~'~\.., / ,.1., .i,..l. ., '--::.(~_\\':""" .~:.:~./':.. N...:. .; ... ~ " g '- .... ~ ~ " "S .. ~ i' 1 .~ ':i' ..., 3 ] . t .f il ~ f 'i il 'll t :a ... 8 .1.:- .. :i If ~ J ~ ii ] ..:~ j s ..., .~ i -" III ->" ..., 0' ~ ~: . It\l ~ 01 'e J:' " "': ::I' a c: ~ enl S .: ..; enl ..., .....' .....' a 1\): ~ t:..J '" , ~ ~ ~: ::c ~. s: 1 ''''1 '- tn: ..; , " , " , .. " ..., .. ,:, ,. ... .. .. ~ " 'a " ~ "" ~ .." a .: .. .li ~ .li i =- .. " E !i .!:! Q ~ .i- Q ... .,; a co .Q s ..., ~ ~ u " ~ .. .Q ,:, i ':- ,~ 2 " ... a ri "'5 ,_s .:1 , .:: ~ ~ i! .. , ~- .. ~ .:/ .. C/'7- -;:;:).\<1 C~Tb")1 , , , . , , , ~ , ~ '.!l , ~ '.:/ : E : E '13 : , t : li : a , ~ ,.... , , , , , , , , , , , , , , 41 4 ~ " , WESTERN SURETY COMPANY Sioux Falls, South Dakota Statement of Condition and AtTalrs December 31, 1996 ASSETS $ 111,457,306 5,851,085 10,626,942 1.049,4S0 6,538,229 48,472 2,812,647 770,729 505,904 180,721 $ JJ2.841.S15. Bonds Stocks Cash & short-term investments Other invested assets Agents balances or uncollected premiums Reinsurance recoverable on loss payments Electronic data processing equipment Interest, dividends and real estate income due and accrued Cash value corporate owned insurance Other assets Total Assets LIABILITIES AND SURPLUS $ 26,153,822 11,094,403 7,435,462 874,429 530,457 56,140,154 2,873,000 911.216 106,012,943 Losses Loss adjustment expense Other expense Taxes, licenses and fees Federal income tax payable Unearned premiums Excess of statutory reserves over statement reserves Other liabilities Total Liabilities Surplus Account: Capital paid u!> Gross paid in & contributed surplus Unassigned funds Su~lus as regards policyholders Total liabilities ana Capital $ 4,000,000 4,614,94S 25.213,624 $ 33.828.572 $ 139.841.515 I, Phil Lundy, Vice President and Treasurer of Western Surety Company hereby certify that me above is an exact copy of the financial statement of the Company dated December 31, 1996, as filed with the various Insurance Departments and is a true and correct staternent of the condition of the Western Surety Company as of that date. B. THOMAS ~NOTAIIY PIaJC~ ..;;w IOlmIIlAIlOTA..;;w Western Surety Company By Vice resident, day Of:f,.J.;,...."!J., 1997. ~?1,~ otary Public ~y \^kstem Surety Company S i ~ I/) c i J ~ en C- t,; -" -a. C'6 1~': (.-.J \ ':' ~ ( .. 8 ~ ?'J " . 0 " .- -,-, It.-, 0_ '-,: 00 t- o u~:- .-,.... r- ' , rn ,"l ;- 60 :t 0- C':::'. ,,,, ~ - - u' :i.lJ l{) l~I' ; (" n., ;L.l.. 1'- .-- 11 & ~ p, .- 1 j 0 <:r ',) U .q