| Balance Sheet for National Atlantic Holdings Corp. (NAHC) | | | | | | | Assets | in Thousands of Dollars | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | | Cash and Due from Banks | 28,098 | 26,288 | 39,836 | 15,542 | 9,124 | | Fed. Funds Sold/Securities Purchased | - | - | - | - | - | | Interest-Bearing Dep at Other Banks | - | - | - | - | - | | Investment Securities, Net | 314,118 | 318,772 | 300,020 | 237,451 | 170,572 | | Net Loans | - | - | - | - | - | | Premise and Equipment | 3,143 | 1,988 | 2,062 | 2,021 | 1,082 | | Due from Customers Acceptance | 47,753 | 49,976 | 49,926 | 31,185 | 23,219 | | Trading Account Securities | - | - | - | - | - | | Other Receivables | 20,831 | 26,914 | 41,057 | 5,600 | 19,495 | | Accrued Interest | - | - | - | - | - | | Deferred Acquisition Cost | 18,934 | 18,601 | 17,134 | 10,872 | 9,788 | | Accrued Investment Income | 3,950 | 4,122 | 3,560 | 2,085 | 1,901 | | Separate Account Business | - | - | - | - | - | | Time Deposit Placed | - | - | - | - | - | | Intangible Assets | - | - | - | - | - | | Other Assets | 12,848 | 6,169 | 9,141 | 42,416 | 31,567 | | Total Assets | 449,675 | 452,830 | 462,736 | 347,172 | 266,748 | | | Liabilities | in Thousands of Dollars | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | | Non-Interest Bearing Deposits | - | - | - | - | - | | Interesting Bearing Deposits | - | - | - | - | - | | Short Term Debt | - | - | - | - | - | | Other Liabilities | 19,125 | 19,587 | 21,042 | 21,758 | 24,998 | | Bankers Acceptance Outstanding | - | - | - | - | - | | Fed. Funds Purchased/Securities Sold | - | - | - | - | - | | Accrued Taxes | - | - | - | - | - | | Accrued Interest Payables | - | - | - | - | - | | Other Payables | 2,446 | 5,446 | 2,578 | 9,122 | 5,949 | | Capital Lease Obligations | - | - | - | - | - | | Claims and Claim Expense | 197,105 | 191,386 | - | - | - | | Future Policy Benefits | - | - | 219,361 | 184,283 | 134,201 | | Unearned Premiums | 86,823 | 85,523 | 81,546 | 64,170 | 51,813 | | Policy Holder Funds | - | - | - | - | - | | Participating Policyholder Equity | - | - | - | - | - | | Separate Accounts Business | - | - | - | - | - | | Minority Interest | - | - | - | - | - | | Long Term Debt | - | - | - | - | - | | Total Liabilities | 305,499 | 301,942 | 324,527 | 279,333 | 216,961 | | | Preferred Stock Equity | - | - | - | - | - | | Common Stock Equity | 144,176 | 150,888 | 138,209 | 67,839 | 49,787 | | Total Equities | 144,176 | 150,888 | 138,209 | 67,839 | 49,787 | | | Total Common Shares Outstanding | 11,007 | 11,122 | 11,202 | 4,942 | 4,942 | | Total Preferred shares Outstanding | - | - | - | - | - | | | |
