Protective insurance corp (BWINA)
Balance Sheet / Yearly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Dec'10
Assets
Investments [Abstract]
Fixed income securities

746,856

795,538

757,841

737,148

671,973

592,645

590,961

576,388

-

521,853

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Equity securities

70,320

76,812

72,837

74,555

68,956

66,422

109,099

125,407

-

201,763

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Fixed maturities

-

-

-

-

-

-

-

-

544,116

-

489,606

469,015

508,802

491,904

486,137

472,364

470,983

437,184

442,619

436,282

450,443

451,809

431,801

429,460

434,042

431,550

419,754

379,103

432,621

445,669

443,584

410,648

425,660

409,460

415,856

417,176

415,554

Equity securities

-

-

-

-

-

-

-

-

149,027

-

194,167

187,917

135,514

119,945

134,454

137,744

138,043

145,498

142,514

172,636

162,591

162,107

160,270

160,926

152,829

145,828

129,446

120,946

115,377

107,582

103,882

101,077

105,290

88,085

85,169

104,933

96,657

Limited partnerships

7,981

23,292

22,645

35,535

38,239

55,044

64,369

65,442

68,403

70,806

69,568

67,087

65,739

76,469

77,197

72,794

-

75,458

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Commercial mortgage loans

11,882

11,782

9,418

8,884

-

6,672

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Commercial mortgage loans

-

-

-

-

7,844

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Limited partnerships

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

73,279

-

74,702

81,171

84,569

81,230

79,583

78,892

71,908

68,988

59,722

60,474

62,668

59,954

59,237

53,280

58,247

54,705

55,801

71,873

77,352

Short-term and other

1,000

1,000

1,000

1,000

1,000

1,000

1,000

1,000

1,000

1,000

1,000

1,500

1,500

1,500

-

-

2,215

2,220

2,220

2,219

2,968

2,966

3,165

3,162

5,095

4,891

4,419

4,226

3,740

4,201

3,580

3,346

3,293

3,675

5,144

4,308

4,225

Short-term

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,500

1,500

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total Investments

838,039

908,424

863,741

857,122

788,012

721,783

765,429

768,237

762,546

795,422

754,341

725,519

711,555

689,818

699,288

684,402

684,520

660,360

662,055

692,308

700,571

698,112

674,819

672,440

663,874

651,257

613,341

564,749

614,406

617,406

610,283

568,351

592,490

555,925

561,970

598,290

593,788

Cash and cash equivalents

89,318

67,851

85,777

80,772

117,418

163,996

108,993

75,952

79,209

64,680

68,529

81,080

61,761

62,976

67,372

61,545

47,545

73,538

69,650

56,005

48,913

64,632

79,576

75,715

65,016

59,297

103,387

115,920

84,278

71,549

65,231

87,625

74,358

89,726

52,714

57,844

38,223

Restricted cash and cash equivalents

10,813

21,037

22,410

16,333

15,888

6,815

6,138

6,853

4,024

4,033

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accounts receivable

89,510

111,762

-

-

-

102,972

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accounts receivable

-

-

105,801

111,573

108,974

-

113,386

108,145

104,377

87,551

80,112

70,339

67,303

64,984

62,195

64,141

-

66,522

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accrued investment income

-

-

-

-

-

4,358

-

-

-

4,159

-

-

-

3,882

-

-

-

3,989

-

-

-

3,682

-

-

-

3,448

-

-

-

4,387

-

-

-

4,337

-

-

4,046

Accounts receivable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

66,525

-

73,045

91,308

93,071

98,144

97,651

105,115

100,362

100,830

93,059

86,313

80,680

83,400

79,985

71,537

82,311

74,094

50,324

52,297

42,953

Reinsurance recoverable

415,021

432,067

418,031

410,445

404,424

392,436

350,647

326,346

322,055

318,331

307,239

299,380

262,423

255,024

242,183

235,995

229,740

215,888

223,184

220,478

214,122

220,221

208,494

208,737

199,783

195,568

190,790

181,584

177,482

175,191

135,313

128,375

128,447

138,404

130,484

133,775

127,228

Prepaid reinsurance premiums

-

-

-

-

-

6,095

-

-

-

4,578

-

-

-

2,674

-

-

-

3,176

-

-

-

2,274

-

-

-

1,057

-

-

-

2,679

-

-

-

3,059

-

-

3,199

Deferred policy acquisition costs

-

-

-

-

-

6,568

-

-

-

5,608

-

-

-

1,172

-

-

-

1,443

-

-

-

2,263

-

-

-

2,319

-

-

-

3,091

-

-

-

4,578

-

-

4,826

Property and equipment--less accumulated depreciation (2019, $20,091; 2018, $19,531)

-

-

-

-

-

46,645

-

-

-

47,317

-

-

-

47,225

-

-

-

46,144

-

-

-

43,815

-

-

-

36,329

-

-

-

12,257

-

-

-

12,991

-

-

13,869

Notes receivable from employees

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

1,287

1,381

1,414

Other assets

94,009

86,306

93,756

87,425

95,572

24,760

94,906

102,736

95,039

18,399

81,655

69,979

75,148

23,779

70,570

66,174

69,679

11,009

65,622

64,055

67,200

9,413

62,614

61,515

55,747

19,051

63,555

56,631

59,873

9,818

33,816

38,754

42,523

11,707

35,647

36,755

8,400

Current federal income taxes recoverable

4,381

4,878

4,267

4,599

6,025

7,441

7,531

1,626

0

6,938

5,680

9,995

0

2,603

3,770

63

0

3,702

0

1,395

2,581

1,691

1,876

69

823

3,114

939

2,523

0

3,246

10,582

8,755

0

3,354

3,431

3,259

0

Deferred federal income taxes

11,004

2,035

-

-

-

6,262

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred federal income taxes

-

-

2,984

2,757

3,478

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred federal income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

7,119

12,434

-

0

Total Assets

1,552,095

1,634,360

1,596,767

1,571,026

1,539,791

1,490,131

1,447,030

1,389,895

1,367,250

1,357,016

1,297,556

1,256,292

1,178,190

1,154,137

1,145,378

1,112,320

1,098,009

1,085,771

1,093,556

1,125,549

1,126,458

1,144,247

1,125,030

1,123,591

1,085,605

1,072,270

1,065,071

1,007,720

1,016,719

983,024

935,210

903,397

920,129

905,294

848,291

883,601

837,946

Liabilities and shareholders' equity
Loss and Loss Expense Reserves [Abstract]
Reserves for losses and loss expenses

1,001,599

988,305

960,695

933,463

894,221

865,339

777,837

716,281

694,450

680,274

656,006

627,725

578,841

576,330

565,559

541,348

524,793

513,596

516,929

511,886

505,887

506,102

492,657

494,132

-

474,470

-

-

-

-

-

-

-

-

-

-

-

Reserves for losses and loss expenses

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

480,425

-

471,548

458,342

456,246

455,454

410,488

408,380

406,296

421,556

409,107

402,789

344,520

Reserves for unearned premiums

70,686

74,810

76,329

79,429

80,332

71,625

68,108

65,535

64,005

53,085

40,059

31,660

25,968

21,694

21,916

22,390

23,176

25,291

27,034

29,452

33,011

35,019

35,777

36,561

35,479

36,693

35,888

34,710

33,055

37,273

37,674

38,400

43,674

39,919

41,889

43,527

29,819

Aggregate amount of liabilities for claims and claims adjustment expense and for unpaid premiums that have occurred on or before the balance sheet date, whether or not reported to the insurer at that date.

-

-

-

-

-

936,964

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total Reserves

-

-

-

-

-

-

-

-

-

733,359

-

-

-

598,024

-

-

-

538,887

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total Reserves

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

541,121

-

-

-

511,163

-

-

-

492,727

-

-

-

461,475

-

-

374,339

Reinsurance payable

47,562

65,835

55,225

59,313

62,802

66,632

-

-

-

62,308

-

-

-

43,150

-

-

-

47,565

-

-

-

46,338

-

-

-

39,122

-

-

-

32,798

-

-

-

28,330

-

-

28,986

Short-term borrowings

20,000

20,000

20,000

20,000

20,000

20,000

20,000

20,000

20,000

20,000

20,000

20,000

20,000

20,000

20,000

20,000

20,000

20,000

20,000

20,000

20,000

20,000

20,000

20,000

10,000

10,000

10,000

10,000

10,000

10,000

10,000

10,000

10,000

10,000

10,000

10,000

15,000

Depository liabilities

-

-

-

-

-

173

-

-

-

3,050

-

-

-

9,910

-

-

-

16,847

-

-

-

48,893

-

-

-

57,544

-

-

-

42,503

-

-

-

36,436

-

-

-

Accounts payable and other liabilities

106,865

121,094

121,088

111,405

116,366

110,280

191,953

178,612

170,411

105,130

162,144

162,000

125,375

67,296

-

-

-

56,776

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Current federal income taxes

-

-

-

-

-

-

-

-

1,195

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Current federal income taxes

-

-

-

-

-

-

-

-

-

-

-

-

946

-

-

-

1,140

-

2,213

-

-

-

-

-

-

-

-

-

2,796

-

-

-

-

-

-

-

-

Accounts payable and accrued expenses

-

-

-

-

-

-

-

-

-

-

-

-

-

-

118,200

114,752

121,530

-

124,891

137,948

142,753

68,426

157,473

148,248

149,060

55,866

168,513

139,253

145,299

49,706

124,016

112,093

123,305

49,992

75,393

78,704

37,455

Deferred federal income taxes

-

-

-

-

-

-

1,087

2,232

5,378

14,358

14,417

14,136

14,158

11,412

12,781

9,517

9,145

11,198

9,604

20,962

21,523

19,973

21,123

23,509

20,430

16,851

11,664

8,175

10,751

8,578

-

-

-

0

-

-

-

Current federal income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,327

-

0

0

6,659

Deferred federal income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

8,674

3,564

819

-

0

3,290

6,772

Total Liabilities

1,246,712

1,270,044

1,233,337

1,203,610

1,173,721

1,134,049

1,058,985

982,660

955,439

938,205

892,626

855,521

765,288

749,792

738,456

708,007

699,784

691,273

700,671

720,248

723,174

744,751

727,030

722,450

695,394

690,546

697,613

650,480

658,147

636,312

590,852

572,437

585,421

586,233

536,389

538,310

469,211

Shareholders' equity:
Additional paid-in capital

53,045

53,349

53,670

54,065

55,049

54,720

55,115

55,745

55,511

55,078

54,845

55,205

54,766

54,286

54,286

54,286

54,167

52,946

52,826

52,925

52,816

51,854

51,744

51,634

51,789

50,594

50,484

50,374

50,264

50,275

49,753

49,187

48,772

48,751

48,595

48,475

47,874

Accumulated other comprehensive income (loss)

-12,179

9,369

9,594

8,217

1,416

-7,347

-

-

-

46,391

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Unrealized net gains (losses) on investments

-

-

-

-

-

-

-5,638

-4,487

-2,461

-

45,488

42,866

39,386

34,051

37,410

34,674

30,874

38,924

36,883

52,814

52,976

51,840

54,799

59,389

54,272

49,089

39,891

34,038

36,358

35,467

34,480

29,992

34,257

26,592

21,583

37,716

33,894

Foreign exchange adjustment

-

-

-

-

-

-

-518

-720

-532

-

-321

-378

-766

-831

-668

-523

-647

-1,066

-712

-283

-389

390

566

1,271

900

1,401

1,694

1,495

1,790

1,976

-

-

-

1,759

-

-

-

Retained earnings

263,911

300,988

299,553

304,513

308,971

308,075

338,448

356,057

358,651

316,700

304,276

302,433

318,871

316,195

315,250

315,232

313,188

303,053

303,247

299,204

297,240

294,773

290,252

288,208

282,611

280,003

274,752

270,696

269,524

258,358

259,490

251,147

251,045

241,325

241,091

258,467

286,335

Total Shareholders' Equity

305,383

364,316

363,430

367,416

366,070

356,082

388,045

407,235

411,811

418,811

404,930

400,771

412,902

404,345

406,922

404,313

398,225

394,498

392,885

405,301

403,284

399,496

398,000

401,141

390,211

381,724

367,458

357,240

358,572

346,712

344,358

330,960

334,708

319,061

311,902

345,291

368,735

Total Liabilities and Shareholders' Equity

1,552,095

1,634,360

1,596,767

1,571,026

1,539,791

1,490,131

1,447,030

1,389,895

1,367,250

1,357,016

1,297,556

1,256,292

1,178,190

1,154,137

1,145,378

1,112,320

1,098,009

1,085,771

1,093,556

1,125,549

1,126,458

1,144,247

1,125,030

1,123,591

1,085,605

1,072,270

1,065,071

1,007,720

1,016,719

983,024

935,210

903,397

920,129

905,294

848,291

883,601

837,946

Class A Voting [Member]
Common stock

111

111

112

112

112

112

-

-

-

112

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Class B Non-voting [Member]
Common stock

495

499

501

509

522

522

-

-

-

530

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-