American National Insurance Co ANAT Balance Sheet

American national insurance co (ANAT)

Balance Sheet / Yearly

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	Sep'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
Fixed maturity, bonds held-to-maturity, at amortized cost, net of allowance for credit losses of $21,385 in 2020 (Fair value $8,501,656 in 2020 and $8,968,690 in 2019)
8,554	8,631	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Debt Securities, Held-to-maturity
-	-	8,715	8,394	8,208	8,211	8,010	7,876	7,915	7,552	7,342	7,149	7,063	7,251	7,363	7,456	7,567	7,609	7,689	7,834	7,969	8,225	8,364	8,320	8,498	8,491	8,674	8,941	9,061	9,009	9,187	9,167	9,317	9,251	9,322	9,161	8,513
Fixed maturity, bonds available-for-sale, at fair value (Amortized cost $6,447,577 in 2020 and $6,435,670 in 2019)
6,480	6,725	6,826	6,842	6,584	6,215	6,074	6,050	6,145	6,145	6,045	5,918	5,900	5,803	5,925	5,894	5,776	5,483	5,334	5,131	5,070	4,921	4,926	4,927	4,891	4,599	4,557	4,559	4,769	4,665	4,668	4,502	4,497	4,381	4,309	4,319	4,123
Equity securities, at fair value (Cost $693,708 in 2020 and $663,058 in 2019)
1,375	1,700	1,678	1,672	1,698	1,530	1,810	1,820	1,770	1,784	1,702	1,641	1,616	1,541	1,546	1,531	1,510	1,514	1,410	1,516	1,521	1,516	1,494	1,501	1,424	1,410	1,277	1,228	1,208	1,075	1,094	1,057	1,095	1,006	945	1,095	1,082
Mortgage loans on real estate, net of allowance for credit losses of $59,445 in 2020
5,125	5,097	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Mortgage loans on real estate, net of allowance
-	-	4,936	5,014	4,960	5,124	5,139	5,114	4,920	4,749	4,782	4,647	4,463	4,348	4,113	3,996	3,693	3,483	3,444	3,311	3,344	3,359	3,318	3,311	3,290	3,299	3,333	3,240	3,170	3,143	3,058	3,060	2,973	2,925	2,793	2,734	2,679
Policy loans
380	379	380	377	375	376	374	376	374	377	376	383	383	384	384	388	405	407	406	405	406	405	404	399	399	397	395	393	393	395	393	392	392	393	389	386	380
Investment real estate, net of accumulated depreciation of $260,893 in 2020 and $256,757 in 2019
545	551	556	582	592	587	543	529	536	532	549	555	586	593	592	589	584	581	539	514	501	479	458	492	491	507	471	437	513	511	508	490	480	470	461	466	521
Short-term investments
418	425	398	597	726	206	217	302	284	658	561	576	411	192	405	252	312	460	494	430	520	431	346	341	245	495	339	171	233	313	321	341	228	345	350	475	486
Other invested assets
74	76	63	54	56	50	74	85	82	80	110	108	115	113	217	178	170	71	186	228	216	220	202	196	178	201	161	156	147	125	129	120	126	109	96	120	119
Total investments
22,954	23,587	23,555	23,535	23,202	22,302	22,245	22,156	22,030	21,880	21,471	20,982	20,541	20,227	20,549	20,288	20,020	19,612	19,506	19,372	19,551	19,559	19,515	19,491	19,419	19,402	19,210	19,129	19,497	19,238	19,362	19,133	19,111	18,883	18,670	18,760	17,907
Cash and cash equivalents
328	452	436	312	331	268	606	441	329	375	350	442	296	289	107	133	148	310	169	158	170	209	136	134	169	117	122	113	113	303	162	150	100	102	100	78	101
Investments in unconsolidated affiliates
757	705	666	622	587	571	535	525	493	484	527	501	505	490	465	456	410	379	342	318	345	311	335	340	348	341	316	293	264	248	240	234	244	241	231	223	195
Accrued investment income
192	200	191	197	185	188	186	191	193	187	183	179	180	180	180	177	170	177	182	176	184	185	198	195	204	194	203	199	208	207	217	211	217	213	218	212	201
Reinsurance recoverables, net of allowance for credit losses of $17,713 in 2020
405	411	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Reinsurance Recoverables, Including Reinsurance Premium Paid
-	-	434	437	419	427	460	436	412	418	408	377	372	401	422	364	386	413	410	409	415	428	410	413	410	414	400	392	407	418	388	388	380	405	411	434	355
Prepaid reinsurance premiums
38	44	51	50	52	53	56	55	61	63	65	64	62	63	69	62	65	77	70	66	55	56	55	54	54	57	51	52	53	56	61	64	67	68	73	75	75
Premiums due and other receivables
377	341	361	364	344	345	377	361	329	314	335	326	313	296	308	321	290	285	301	315	295	280	294	291	275	279	309	308	287	283	308	306	288	280	303	310	287
Deferred policy acquisition costs
1,514	1,423	1,437	1,486	1,464	1,497	1,458	1,452	1,410	1,373	1,352	1,322	1,298	1,294	1,280	1,281	1,297	1,324	1,289	1,264	1,233	1,253	1,249	1,246	1,258	1,277	1,274	1,275	1,234	1,247	1,269	1,293	1,301	1,320	1,353	1,333	1,318
Property and equipment, net of accumulated depreciation of $263,857 in 2020 and $257,907 in 2019
105	106	107	106	106	109	111	112	114	115	116	118	118	116	117	120	119	120	122	119	117	110	119	110	109	107	101	98	90	92	85	82	80	77	78	77	77
Current tax receivable
-	-	14	0	0	8	42	0	6	44	39	68	64	61	51	41	16	4	-	-	-	8	4	17	9	18	0	6	5	14	-	2	4	17	1	16	8
Prepaid pension
81	78	63	61	59	57	32	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other assets
187	171	173	181	204	163	147	149	141	158	146	140	146	169	129	139	141	140	141	143	175	137	148	153	151	142	179	207	151	154	135	137	134	131	135	140	138
Separate account assets
893	1,073	1,025	1,028	1,004	918	1,043	947	939	969	933	922	949	941	913	900	899	918	894	974	992	1,001	992	1,006	981	970	931	885	888	841	817	776	798	747	711	785	780
Total assets
27,838	28,597	28,518	28,386	27,964	26,912	27,303	26,830	26,463	26,386	25,931	25,448	24,850	24,533	24,596	24,287	23,967	23,766	23,432	23,319	23,536	23,544	23,460	23,458	23,393	23,324	23,103	22,964	23,200	23,107	23,049	22,780	22,729	22,489	22,288	22,446	21,448
LIABILITIES
Future policy benefits
Life
3,098	3,087	3,071	3,065	3,060	3,047	3,023	3,004	3,002	2,997	2,991	2,970	2,955	2,939	2,895	2,878	2,863	2,853	2,816	2,795	2,787	2,770	2,736	2,714	2,723	2,677	2,677	2,661	2,639	2,650	2,641	2,627	2,614	2,599	2,580	2,566	2,539
Annuity
1,565	1,571	1,586	1,569	1,539	1,524	1,501	1,477	1,435	1,400	1,369	1,327	1,287	1,277	1,265	1,222	1,161	1,113	1,061	1,035	1,030	1,006	982	982	938	903	854	844	827	811	801	786	766	748	737	730	865
Health
49	49	50	50	50	51	54	55	55	57	57	58	59	60	61	62	63	65	66	67	56	58	70	72	61	71	65	67	68	69	71	72	73	74	76	77	81
Policyholders’ account balances
12,857	12,957	13,040	13,089	12,903	12,461	12,522	12,430	12,238	12,060	11,827	11,540	11,171	11,068	11,112	11,038	10,952	10,829	10,669	10,475	10,604	10,781	10,893	10,893	11,018	11,181	11,201	11,267	11,453	11,555	11,621	11,577	11,555	11,506	11,449	11,344	10,475
Policy and contract claims
1,470	1,489	1,492	1,477	1,473	1,481	1,472	1,457	1,375	1,390	1,365	1,320	1,298	1,303	1,323	1,257	1,282	1,280	1,269	1,280	1,296	1,297	1,289	1,305	1,313	1,297	1,290	1,304	1,362	1,340	1,330	1,358	1,318	1,340	1,331	1,375	1,298
Unearned premium reserve
945	933	960	953	920	908	941	928	898	875	893	878	845	823	849	832	808	812	822	802	763	755	779	777	749	739	773	773	752	757	804	816	809	797	841	833	824
Other policyholder funds
348	361	353	348	339	318	329	324	325	334	328	324	321	318	316	326	311	305	343	354	356	291	332	338	330	326	303	298	296	288	287	280	281	288	270	293	277
Liability for retirement benefits
65	67	71	72	73	73	78	109	111	114	130	137	149	152	196	199	202	207	186	190	200	195	143	145	147	160	273	270	268	265	248	251	253	257	184	188	187
Notes payable
156	157	159	159	137	137	137	136	137	137	138	140	139	136	146	140	135	128	126	122	116	108	109	112	113	113	114	-	-	163	-	-	-	-	-	-	-
Deferred tax liabilities, net
269	394	392	373	338	264	345	295	294	316	476	445	413	367	348	299	251	219	226	277	302	287	286	292	254	220	120	-106	-135	92	-88	-49	76	-21	20	70	53
Current tax payable
31	9	-	1	8	0	-	-	-	-	-	-	-	-	-	-	-	-	7	6	24	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Current federal income taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	16	-	-	-	4	-	-	-	-	-	-
Current portion of long-term notes payable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2	52	-	48	47	45	46	0	0	47
Long-term notes payable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	112	112	-	112	12	12	12	58	58	12
Other liabilities
478	446	483	428	521	452	472	420	428	477	536	581	521	481	486	513	509	570	494	440	471	550	433	438	490	456	453	438	395	432	332	375	368	397	388	419	368
Separate account liabilities
893	1,073	1,025	1,028	1,004	918	1,043	947	939	969	933	922	949	941	913	900	899	918	894	974	992	1,001	992	1,006	981	970	931	885	888	841	817	776	798	747	711	785	780
Total liabilities
22,231	22,601	22,686	22,618	22,371	21,640	21,922	21,588	21,242	21,130	21,048	20,648	20,112	19,871	19,915	19,669	19,442	19,304	18,986	18,823	19,005	19,104	19,051	19,079	19,123	19,121	19,078	19,031	19,253	19,267	19,211	19,033	18,974	18,839	18,650	18,742	17,811
EQUITY
American National stockholders’ equity:
Common stock, $1.00 par value, Authorized 50,000,000 in 2020 and 2019, Issued 30,832,449 in 2020 and 2019 Outstanding 26,887,200 shares in 2020 and 2019
30	30	30	30	30	30	30	30	30	30	30	30	30	30	30	30	30	30	30	30	30	30	30	30	30	30	30	30	30	30	30	30	30	30	30	30	30
Additional paid-in capital
21	21	20	20	20	20	20	20	20	19	18	18	17	16	16	15	15	13	13	12	11	9	8	8	6	4	4	3	2	0	5	7	1	-	18	17	15
Accumulated other comprehensive income (loss)
-12	99	85	86	-13	-99	-123	-110	-86	642	592	560	513	455	514	488	406	352	376	446	498	490	504	521	447	413	281	252	307	242	279	224	238	159	163	264	225
Retained earnings
5,669	5,946	5,797	5,727	5,650	5,413	5,553	5,401	5,350	4,656	4,333	4,282	4,268	4,250	4,212	4,175	4,164	4,157	4,115	4,095	4,080	3,998	3,954	3,907	3,870	3,838	3,791	3,730	3,692	3,653	3,608	3,569	3,570	3,545	3,534	3,497	3,459
Treasury stock, at cost
108	108	108	108	108	108	108	108	101	101	101	101	101	101	101	101	101	102	102	101	101	101	101	101	97	97	97	97	97	98	98	98	98	98	98	98	98
Total American National stockholders’ equity
5,601	5,989	5,826	5,757	5,580	5,257	5,372	5,234	5,213	5,246	4,874	4,790	4,729	4,652	4,672	4,608	4,516	4,452	4,433	4,484	4,519	4,427	4,396	4,366	4,258	4,190	4,011	3,919	3,936	3,827	3,825	3,734	3,742	3,637	3,647	3,711	3,632
Noncontrolling interest
6	6	5	9	12	14	8	7	8	9	9	8	8	9	9	8	9	10	11	11	11	12	12	11	11	12	13	13	10	11	12	13	12	12	-9	-7	4
Total equity
5,607	5,995	5,831	5,767	5,592	5,271	5,381	5,242	5,221	5,255	4,883	4,799	4,737	4,661	4,681	4,617	4,525	4,462	4,445	4,495	4,531	4,439	4,409	4,378	4,270	4,203	4,025	3,932	3,947	3,839	3,838	3,747	3,755	3,650	3,638	3,703	3,636
Total liabilities and equity
27,838	28,597	28,518	28,386	27,964	26,912	27,303	26,830	26,463	26,386	25,931	25,448	24,850	24,533	24,596	24,287	23,967	23,766	23,432	23,319	23,536	23,544	23,460	23,458	23,393	23,324	23,103	22,964	23,200	23,107	23,049	22,780	22,729	22,489	22,288	22,446	21,448