Presidential Life Corp (PLFE) Income Statement

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Premiums	4.62M
Annuity considerations	5.66M
Universal life and investment type policy fee income	828K
Equity in earnings (losses) on limited partnerships	182K
Net investment income	45.75M
Total Other-than-temporary impairment ("OTTI") losses	-586K
OTTI losses recognized in other comprehensive income	235K
Net OTTI losses recognized in earnings	-351K
Net realized capital gains, excluding OTTI losses	4.31M
Other Income	1.4M
Revenues	62.41M
Death and other life insurance benefits	4.42M
Annuity benefits	19.81M
Interest credited to policyholders' account balances	24.35M
Interest expense on notes payable	0
Other interest and other charges	434K
Increase (decrease) in liability for future policy benefits	-3.52M
Commissions to agents, net	1.29M
Costs related to consent revocation solicitation and related matters
General expenses and taxes	6.59M
Change in deferred policy acquisition costs	1.11M
Benefits, Losses and Expenses	54.47M
Income (loss) before income taxes	7.94M
Current Income Tax Expense (Benefit)	-13.27M
Provision (benefit) for deferred income taxes	16.02M
Income Tax Expense (Benefit)	2.75M
NET INCOME (LOSS)	5.19M
Earnings per common share, basic	0.18
Earnings Per Share, Diluted	0.18
Weighted Average Number of Shares Outstanding, Basic	29.59M
Weighted Average Number of Shares Outstanding, Diluted	29.61M

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