FBL reports increased income
FBL Financial Group Inc. on Thursday reported net income of $37.5 million for the second quarter of 2011, or $1.20 per diluted common share, compared with $22.3 million, or $0.73 per diluted common share, for the second quarter of 2010.
West Des Moines-based FBL recognized net realized gains on investments of $1.9 million in the quarter, compared with net realized losses on investments of $4.9 million in the second quarter of 2010.