Conifer Holdings, Inc. CNFR Balance Sheet

Conifer holdings, inc. (CNFR)

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	Dec'14
Assets
Investment securities:
Debt securities, at fair value (amortized cost of $135,281 and $129,313, respectively)
135,269	131,000	125,704	124,118	124,057	120,440	121,996	126,677	134,711	136,536	121,883	116,276	114,086	113,163	113,841	112,469	109,671	107,093	97,566	98,271	84,405
Equity securities, at fair value (cost of $14,125 and $6,554, respectively)
11,790	7,306	7,000	11,862	-	10,737	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Equity securities, at fair value (cost of $9,594 and $9,559, respectively)
-	-	-	-	12,038	-	9,832	9,530	9,425	9,687	10,157	4,969	4,773	4,579	4,500	4,443	4,380	4,240	4,030	4,164	4,084
Short-term investments, at fair value
27,178	31,426	3,508	4,614	8,069	8,925	9,905	4,364	2,505	11,427	13,815	14,944	14,967	10,788	14,053	16,304	5,142	6,391	6,537	6,237	16,749
Total investments
174,237	169,732	136,212	140,594	144,164	140,102	141,733	140,571	146,641	157,650	145,855	136,189	133,826	128,530	132,394	133,216	119,193	117,724	108,133	108,672	105,238
Cash and cash equivalents
8,100	7,464	30,854	20,415	10,411	10,792	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash
-	-	-	-	-	-	16,455	17,016	14,406	11,868	30,846	10,863	10,196	12,493	8,540	14,166	15,843	12,703	13,581	8,598	18,488
Premiums and agents' balances receivable, net
18,804	20,168	18,735	23,125	18,684	21,247	22,415	22,129	19,895	22,845	22,233	23,018	23,189	24,538	19,762	21,950	19,321	18,010	17,323	15,434	14,478
Receivable from Affiliate
-	313	427	1,783	2,279	3,582	1,321	2,161	1,783	1,195	589	724	1,484	1,751	1,363	2,236	1,907	1,792	1,599	-	0
Reinsurance recoverables on unpaid losses
22,022	22,579	16,862	21,396	24,551	29,685	27,118	20,467	20,063	20,066	13,528	10,552	9,125	6,658	-	-	-	5,405	-	-	-
Reinsurance recoverables on unpaid losses
-	-	-	-	-	-	-	-	-	-	-	-	-	-	6,334	5,890	5,015	-	5,069	5,022	3,224
Reinsurance recoverables on paid losses
3,746	5,155	7,659	9,835	9,567	5,060	2,540	2,874	4,595	4,473	2,244	1,923	1,061	840	3,619	2,209	1,039	1,639	2,202	1,249	1,915
Prepaid reinsurance premiums
-	-	-	-	-	-	-	-	-	1,081	1,082	4,103	3,806	4,120	4,851	1,848	3,988	3,483	8,293	10,613	9,510
Prepaid reinsurance premiums
997	1,250	3,521	2,281	3,659	1,829	1,498	1,098	1,050	-	-	-	-	-	-	-	-	-	-	-	-
Deferred policy acquisition costs
11,508	11,906	12,879	12,302	12,153	12,011	11,843	12,021	12,050	12,781	12,753	12,649	12,956	13,290	13,203	13,182	12,221	12,102	11,582	7,659	5,679
Intangible assets, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	947	1,135	-
Goodwill
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	485	1,104	-
Other assets
9,598	8,698	11,341	11,665	12,680	8,444	8,074	8,997	9,171	7,073	7,179	11,382	12,323	11,481	5,853	5,365	5,497	5,069	3,411	4,192	5,206
Total assets
249,012	247,265	238,490	243,396	238,148	232,752	232,997	227,334	229,654	239,032	236,309	211,403	207,966	203,701	195,919	200,062	184,024	177,927	172,625	163,678	163,738
Liabilities and Shareholders' Equity
Liabilities:
Unpaid losses and loss adjustment expenses
109,657	107,246	97,337	97,981	93,966	92,807	91,046	83,662	85,491	87,896	82,756	66,917	62,135	54,651	45,994	41,832	38,488	35,422	32,595	32,357	31,531
Unearned premiums
50,534	51,503	52,721	51,606	51,519	52,852	51,701	52,390	53,685	57,672	55,669	54,979	56,336	58,126	55,475	54,230	49,763	47,916	45,683	44,484	43,381
Reinsurance premiums payable
833	-	-	-	-	-	0	2,719	3,398	3,299	7,349	-	-	0	0	445	1,369	1,069	998	2,699	7,069
Debt
36,669	35,824	33,743	34,658	34,583	33,502	29,750	29,060	29,043	29,027	29,010	16,375	17,125	17,750	14,250	14,750	13,250	12,750	9,750	27,462	27,562
Deferred gain on ADC
-	-	0	481	3,394	5,677	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-
Accounts payable and accrued expenses
14,781	9,967	9,207	12,161	11,771	5,751	13,961	9,335	6,613	8,312	9,031	7,165	5,315	5,380	5,094	12,056	3,768	2,758	2,762	4,383	2,521
Other liabilities
-	-	-	-	-	-	-	-	-	-	-	-	482	-	602	748	637	750	673	1,125	1,396
Total liabilities
212,474	204,540	193,008	196,887	195,233	190,589	186,458	177,166	178,230	186,206	183,815	145,436	141,393	135,907	121,415	124,061	107,275	100,665	92,461	112,510	113,460
Commitments and contingencies
0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	0
Redeemable preferred stock (0 and 1,000,000 shares authorized; 0 and 60,600 shares issued and outstanding, respectively)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	6,119
Redeemable preferred stock (0 and 1,000,000 shares authorized; 0 and 60,600 shares issued and outstanding, respectively)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	6,242	-
Shareholders' equity:
Common stock, no par value (100,000,000 shares authorized; 9,592,161 and 9,592,861 issued and outstanding, respectively)
92,053	91,816	91,578	91,410	86,268	86,533	86,915	86,659	86,430	86,199	85,979	80,808	80,585	80,342	80,107	80,069	80,084	80,111	80,199	46,443	46,119
Accumulated deficit
-54,305	-49,580	-46,552	-45,322	-42,438	-41,758	-36,982	-33,431	-32,318	-33,010	-33,231	-14,334	-13,266	-11,468	-7,047	-5,572	-5,059	-3,031	-727	-2,053	-3,095
Accumulated other comprehensive income (loss)
-1,210	489	456	421	-915	-2,612	-3,394	-3,060	-2,688	-363	-254	-507	-746	-1,080	1,444	1,504	1,724	182	692	459	1,158
Noncontrolling interest
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	77	-23
Total shareholders' equity
-	-	-	-	-	-	-	-	-	52,826	-	-	-	67,794	-	-	-	77,262	80,164	51,168	44,159
Total shareholders' equity
36,538	42,725	45,482	46,509	42,915	42,163	46,539	50,168	51,424	-	52,494	65,967	66,573	-	74,504	76,001	76,749	-	80,164	51,091	44,182
Total liabilities and shareholders' equity
249,012	247,265	238,490	243,396	238,148	232,752	232,997	227,334	229,654	239,032	236,309	211,403	207,966	203,701	195,919	200,062	184,024	177,927	172,625	163,678	163,738