American Equity Investment Life Holding Co AEL Balance Sheet

American equity investment life holding co (AEL)

Balance Sheet / Quarterly

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Dec'10
Assets
Investments [Abstract]
Debt Securities, Available-for-sale
47,704	51,580	51,854	50,171	48,037	45,923	45,822	44,799	45,551	45,372	44,601	43,893	42,105	41,060	42,304	39,863	38,410	36,421	35,389	33,905	34,203	32,445	29,317	28,315	26,610	26,262	25,545	25,609	24,172	22,410	20,955	19,007	18,464	17,378	15,682	15,830
Debt Securities, Held-to-maturity
-	-	-	-	-	-	77	77	77	77	76	76	76	76	76	76	76	76	76	76	76	76	76	76	76	76	76	76	76	76	1,000	1,531	2,644	2,827	2,135	822
Equity securities, available for sale, at fair value (cost: 2016 - $7,520; 2015 - $7,515)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	7	7	7	-	7	7	7	7	7	7	7	9	9	55	53	61	61	65	62	65	66	65
Mortgage loans on real estate (net of allowance for credit losses of $19,776 as of 2020 and $9,179 as of 2019)
3,668	3,448	3,212	3,083	3,049	2,943	2,892	2,794	2,699	2,665	2,611	2,553	2,506	2,480	2,419	2,451	2,471	2,435	2,452	2,450	2,433	2,434	2,543	2,584	2,581	2,593	2,583	2,591	2,623	2,724	2,732	2,756	2,823	2,838	2,798	2,598
Derivative instruments
207	1,355	963	888	755	205	1,290	847	847	1,568	1,235	1,086	1,033	830	706	576	387	337	180	503	610	731	905	790	856	625	629	719	415	577	476	558	273	171	537	479
Other investments
497	492	694	642	361	355	536	508	481	616	328	314	309	308	297	292	290	299	284	285	285	286	221	213	215	212	208	193	196	196	201	115	115	112	26	19
Total investments
52,078	56,877	56,723	54,785	52,204	49,427	50,618	49,027	49,657	50,300	48,853	47,925	46,032	44,757	45,811	43,268	41,643	39,570	38,392	37,230	37,617	35,981	33,072	31,988	30,346	29,780	29,053	29,245	27,537	26,047	25,427	24,034	24,383	23,395	21,247	19,816
Cash and Cash Equivalents, at Carrying Value
1,833	2,293	1,138	1,215	1,115	344	1,129	1,259	723	1,434	1,285	1,574	1,172	791	812	1,547	707	397	523	733	293	701	1,464	679	897	934	746	882	1,268	2,397	1,407	2,527	404	572	949	597
Coinsurance deposits (net of allowance for credit losses of $4,559 as of 2020 and $0 as of 2019)
4,933	5,115	5,072	5,029	4,995	4,954	5,017	4,936	4,871	4,858	4,758	4,710	4,630	4,639	4,453	4,120	3,586	3,187	3,062	3,101	3,101	3,044	3,085	3,028	2,999	2,970	2,944	2,941	2,910	2,913	2,895	2,902	2,818	2,759	2,699	2,613
Accrued investment income
472	472	497	480	497	468	481	447	454	429	439	416	424	397	405	377	393	362	375	343	358	326	304	322	301	307	287	298	261	276	244	236	228	212	215	167
Deferred policy acquisition costs
3,615	2,923	2,883	2,805	3,127	3,535	3,318	3,210	3,039	2,714	2,757	2,721	2,839	2,905	2,370	2,417	2,667	2,905	2,591	2,522	2,021	2,058	2,040	2,210	2,426	2,291	2,147	1,803	1,709	1,639	1,677	1,820	1,683	1,638	1,825	1,747
Deferred sales inducements
2,414	1,966	1,952	1,943	2,199	2,516	2,384	2,324	2,219	2,001	2,054	2,042	2,146	2,208	1,800	1,843	2,047	2,232	1,981	1,944	1,558	1,587	1,578	1,713	1,875	1,763	1,646	1,370	1,292	1,234	1,253	1,352	1,242	1,199	1,326	1,227
Deferred income taxes
90	0	0	9	151	291	250	221	159	38	35	64	126	168	0	0	101	232	129	172	-	0	73	189	301	225	153	-	0	0	0	60	21	21	185	143
Income taxes recoverable
46	0	30	48	24	26	13	31	-	0	11	0	0	11	12	35	9	29	4	21	0	9	26	-	0	-	1	-	-	0	11	0	8	18	9	6
Other assets
65	47	31	53	164	60	234	168	175	254	185	178	175	173	180	110	106	112	66	177	436	280	357	412	471	438	307	311	153	88	215	104	81	58	108	106
Total assets
65,549	69,696	68,329	66,371	64,482	61,625	63,448	61,627	61,301	62,030	60,379	59,635	57,548	56,053	55,848	53,721	51,262	49,029	47,128	46,247	45,388	43,989	42,003	40,544	39,621	38,713	37,288	36,852	35,133	34,597	33,133	33,038	30,874	29,875	28,566	26,426
Liabilities and Stockholders' Equity
Liabilities [Abstract]
Policy benefit reserves
60,619	61,893	61,348	60,203	58,995	57,606	57,992	56,859	56,072	56,142	54,935	53,903	52,701	51,637	50,814	49,432	47,456	45,495	43,582	42,494	41,037	39,802	37,876	36,731	35,789	34,652	33,635	32,937	31,773	30,980	29,896	29,255	28,118	26,917	25,940	23,655
Other policy funds and contract claims
248	256	259	263	266	270	271	276	280	282	284	287	293	298	302	304	314	324	335	342	353	365	391	402	418	431	440	447	455	457	434	418	400	375	318	222
Notes payable
495	495	494	494	494	494	494	494	494	494	493	888	494	493	493	393	393	393	400	422	421	421	474	521	549	691	303	313	309	306	303	300	297	340	337	330
Subordinated debentures
77	157	243	243	243	242	242	242	242	242	242	242	241	241	241	241	241	241	246	246	246	246	246	246	246	246	245	245	245	245	256	268	268	268	268	268
Amounts due under repurchase agreements
186	0	48	0	243	109	116	-	137	0	23	61	-	-	-	-	-	-	-	-	15	-	-	-	-	148	160	-	-	-	-	-	-	-	-	-
Deferred income taxes
0	177	143	-	-	0	-	-	-	-	-	-	-	-	110	99	-	-	0	0	74	3	-	-	0	0	0	33	49	73	29	-	0	-	-	-
Income taxes payable
0	0	-	-	-	0	0	0	72	34	-	-	19	0	-	-	-	-	-	-	13	-	0	18	10	29	0	10	4	1	0	9	0	-	-	-
Other liabilities
400	2,145	1,664	1,669	1,298	502	1,842	1,327	1,455	1,984	1,637	1,600	1,362	1,090	1,072	636	623	629	414	834	900	1,009	1,101	969	1,222	1,119	1,061	1,135	573	817	635	1,412	380	614	662	1,010
Total liabilities
62,026	65,126	64,203	62,873	61,542	59,226	60,959	59,200	58,754	59,180	57,617	56,984	55,112	53,761	53,035	51,107	49,028	47,084	44,978	44,339	43,061	41,849	40,089	38,889	38,236	37,318	35,846	35,122	33,413	32,882	31,555	31,664	29,466	28,516	27,527	25,488
Stockholders' equity:
Preferred stock; par value $1 per share; $400,000 aggregate liquidation preference; 2,000,000 shares authorized; issued and outstanding: 2020 - 16,000 shares; 2019 - 16,000 shares
0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Common stock; par value $1 per share; 200,000,000 shares authorized; issued and outstanding: 2020 - 91,497,841 shares (excluding 1,207,201 treasury shares); 2019 - 91,107,555 shares (excluding 1,344,193 treasury shares)
91	91	91	90	90	90	90	90	89	89	88	88	88	88	87	82	82	81	81	76	76	76	74	72	70	64	63	62	61	61	60	58	57	57	57	56
Additional paid-in capital
1,215	1,212	820	817	815	811	807	804	798	791	783	778	775	770	767	636	635	630	626	524	521	513	538	542	550	487	512	504	496	493	482	470	468	464	463	454
Unallocated common stock held by ESOP; 2013 - 58,618 shares
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	1	2	2	2	2	3	3	3	3	4	4
Accumulated other comprehensive income
219	1,497	1,639	1,049	513	-52	70	180	399	724	659	610	424	339	963	893	530	201	426	388	893	721	556	332	46	163	244	661	686	712	579	408	457	454	123	81
Retained earnings
1,995	1,768	1,575	1,538	1,519	1,549	1,521	1,352	1,258	1,244	1,231	1,174	1,147	1,093	993	1,001	986	1,031	1,015	917	835	829	745	708	718	679	623	503	477	450	458	439	428	386	399	349
Total stockholders' equity
3,522	4,570	4,126	3,497	2,939	2,399	2,489	2,426	2,546	2,850	2,762	2,651	2,436	2,291	2,812	2,613	2,234	1,944	2,149	1,907	2,326	2,139	1,913	1,654	1,384	1,394	1,442	1,730	1,720	1,714	1,577	1,373	1,408	1,359	1,039	938
Total liabilities and stockholders' equity
65,549	69,696	68,329	66,371	64,482	61,625	63,448	61,627	61,301	62,030	60,379	59,635	57,548	56,053	55,848	53,721	51,262	49,029	47,128	46,247	45,388	43,989	42,003	40,544	39,621	38,713	37,288	36,852	35,133	34,597	33,133	33,038	30,874	29,875	28,566	26,426