Distribution of ILC Assets by Charter State

As of March 31, 2006, there were 61 ILCs located in 7 states with total assets of $155 billion. Thirty-three of the 61 ILCs (54 percent) are chartered in Utah and have 82 percent ($127 billion) of total ILC assets. California chartered 15 of the 61 ILCs (11 percent) with $17 billion in assets. Nevada chartered 5 of the 61 ILCs (6 percent) with $9 billion in assets. The remaining 8 of 61 ILCs (1 percent) are chartered in Hawaii, Colorado, Minnesota, and Indiana with combined assets of 1 billion dollars.