Trinity Life Insurance Predicting 111% Growth for 2011

First Trinity Financial Company's assetts are expected to exceed $130 million, representing growth in assetts of 111% from December 31, 2010!

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Press Release August 31, 2011

First Trinity Financial Corporation Announces Filing of Application to Acquire Additional Ownership of Family Benefit Life Insurance Company  

First Trinity Financial Corporation’s (“First Trinity”) wholly-owned subsidiary, Trinity Life Insurance Company (“Trinity Life”), a life insurance company domiciled in Oklahoma, has entered into an agreement to acquire an additional 4.8% of the issued and outstanding shares of Family Benefit Life Insurance Company (“Family Benefit Life”), a life insurance company domiciled in Missouri.  The acquisition of these additional shares is subject to approval by the Missouri Department of Insurance.  Trinity Life previously acquired approximately 9.994% of the outstanding common stock of Family Benefit Life between July 1 and August 8, 2011.

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First Trinity Financial Corporation Announces 5% Stock Dividend          

On Monday, January 10, 2011 the Board of Directors of First Trinity Financial Corporation (“FTFC”) approved a 5% stock dividend. All shareholders as of March 10, 2011 will receive the dividend.  (Each shareholder will receive 1 share of common stock for each 20 shares held, partial shares will be rounded to the closest whole share).
FTFC is currently conducting a $10,000,000 offering at $7.50 per share. All shares purchased prior to this offering and during this offering prior to or accepted by the company by Midnight on March 10, 2011 will receive the dividend. Shares purchased after March 10, 2011 will not receive this dividend.

First Trinity Financial Corporation (FTFC) is a financial holding company with its home office in Tulsa, Oklahoma.

FTFC has two wholly owned subsidiaries: Trinity Life Insurance Company (TLIC) and First Trinity Capital Corporation (FTCC). FTFC successfully raised $15,475,000 through Private Placement and a public stock offering that was completed February 23, 2007. FTFC is currently owned by over 3700 Oklahoma residents. Since inception FTFC has dedicated itself to help stem the outflow of capital from our state by providing a broadly held Oklahoma financial services corporation offering innovative, attractive and competitive financial products and financial services.

Our premium finance and life insurance subsidiaries began operations in early 2007, and shortly thereafter our country and the entire financial sector faced tremendous economic challenges and uncertainty. We have seen both the bond and stock market suffer tremendous losses along with the demise of several large financial institutions.  As a result, the consumer confidence in our country’s financial institutions has been shaken. However in spite of these turbulent economic times,  First Trinity Financial has continued to grow. From December 31, 2007 to December 31, 2009, FTFC’s assets grew from $12,529,238 to $49,816,843 an increase of $37,287,605 or 298%. Revenues during the same period have grown from $1,635,956 to $8,542,792 an increase of 422% while shareholder equity increased from $11,779,815 to $13,250,690 or 12.5 %

To enhance our ability to meet our goals, FTFC plans to raise additional capital. In December 2009, documents were filed with the Securities and Exchange Commission and the Oklahoma Department of Securities to raise $10,000,000 of additional capital by selling new shares of common stock at $7.50 per share. We anticipate that this offering will become effective within the next few months.