First Trinity Financial Corporation (FTFC) and its two primary subsidiaries, Trinity Life Insurance Company
(TLIC) and Family Benefit Life Insurance Company (FBLIC), continued to show positive results for 2012.
While macroeconomic challenges and a low interest rate environment has effected many industries, including the insurance industry, FTFC increased its assets, expanded its insurance operations and ended the year with positive earnings for the third straight year.
* FTFC declared and paid its second 5% stock dividend to our shareholders.
* FTFC completed its $11,000,000 stock offering at $7.50 per share.
* FBLIC expanded its footprint into seven additional states and is now licensed to conduct business in the states of Arizona, Arkansas, Colorado, Illinois, Indiana, Kansas, Kentucky, Missouri, Nebraska, New Mexico, North Dakota, Oklahoma, Pennsylvania, South Dakota, Texas, and West Virginia.
About the Company
First Trinity Capital Corporation (“FTCC”) began its financing operations on January 10, 2007. Due to the changes in the interest rate environment and the tremendous growth of Trinity Life Insurance Company (TLIC). on May 16, 2012 the Board of Directors voted to cease the financing of new premiums and focus on the continued growth of TLIC. Read more here.