WMA CORP
10QSB, EX-27.1, 2000-11-14
LIFE INSURANCE
Previous: WMA CORP, 10QSB, EX-11, 2000-11-14
Next: MANGOSOFT INC, 10QSB, 2000-11-14



<TABLE> <S> <C>

<ARTICLE> 7
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
FINANCIAL STATEMENTS OF THE WMA CORPORATION FOR THE NINE MONTHS ENDED SEPTEMBER
30, 2000 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL
STATEMENTS.
</LEGEND>
<MULTIPLIER> 1

<S>                             <C>
<PERIOD-TYPE>                   9-MOS
<FISCAL-YEAR-END>                          SEP-30-2000
<PERIOD-START>                             JAN-01-2000
<PERIOD-END>                               SEP-30-2000
<DEBT-HELD-FOR-SALE>                         5,828,331
<DEBT-CARRYING-VALUE>                                0
<DEBT-MARKET-VALUE>                                  0
<EQUITIES>                                           0
<MORTGAGE>                                           0
<REAL-ESTATE>                                        0
<TOTAL-INVEST>                               5,828,331
<CASH>                                       3,153,757
<RECOVER-REINSURE>                           1,465,976
<DEFERRED-ACQUISITION>                      42,500,788
<TOTAL-ASSETS>                              53,918,214
<POLICY-LOSSES>                              6,691,809
<UNEARNED-PREMIUMS>                                  0
<POLICY-OTHER>                                       0
<POLICY-HOLDER-FUNDS>                                0
<NOTES-PAYABLE>                              6,007,482
                                0
                                    532,094
<COMMON>                                         2,500
<OTHER-SE>                                  34,678,864
<TOTAL-LIABILITY-AND-EQUITY>                53,918,214
                                  12,097,023
<INVESTMENT-INCOME>                            368,409
<INVESTMENT-GAINS>                               2,606
<OTHER-INCOME>                               9,428,286
<BENEFITS>                                   6,991,154
<UNDERWRITING-AMORTIZATION>                  3,121,297
<UNDERWRITING-OTHER>                         5,509,930
<INCOME-PRETAX>                              4,743,598
<INCOME-TAX>                                   997,774
<INCOME-CONTINUING>                          3,745,824
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                 3,745,824
<EPS-BASIC>                                       1.47
<EPS-DILUTED>                                     1.45
<RESERVE-OPEN>                                       0
<PROVISION-CURRENT>                                  0
<PROVISION-PRIOR>                                    0
<PAYMENTS-CURRENT>                                   0
<PAYMENTS-PRIOR>                                     0
<RESERVE-CLOSE>                                      0
<CUMULATIVE-DEFICIENCY>                              0


</TABLE>


© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission