Donegal group inc (DGICA)
Balance Sheet / TTM
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
Fixed maturities
Held to maturity, at amortized cost

487,156

476,093

458,888

434,458

407,432

402,798

400,233

385,822

377,497

366,655

365,277

356,306

352,296

336,100

332,272

328,166

315,697

310,258

303,409

298,310

305,005

307,391

308,941

297,627

296,360

240,370

30,208

34,371

40,413

42,100

43,888

49,448

56,384

58,489

59,706

62,862

64,766

Available for sale, at fair value

554,463

564,951

559,101

569,749

550,021

526,558

525,027

519,978

525,416

538,946

533,461

511,309

511,168

515,074

515,821

510,108

504,000

501,393

483,589

472,124

460,621

435,149

431,621

425,979

431,527

403,651

669,808

679,037

697,447

694,509

687,478

665,847

671,689

646,598

625,636

630,545

603,846

Equity securities, at fair value

46,179

55,477

52,098

46,767

49,422

43,667

57,972

53,602

51,030

50,445

50,028

46,315

48,601

47,087

46,311

44,607

42,502

37,260

35,835

33,884

31,441

30,822

30,087

26,840

22,297

12,422

13,399

8,906

9,825

8,757

2,582

2,950

4,391

7,437

11,128

14,501

10,161

Investment in Donegal Financial Services Corporation

-

-

-

-

-

41,025

39,960

39,451

38,769

38,773

39,339

38,849

38,185

37,884

40,145

39,868

39,142

38,476

40,110

39,201

39,433

39,283

38,837

38,352

37,117

35,685

36,347

35,667

37,460

37,235

36,672

34,594

33,189

32,322

31,867

29,971

8,991

Short-term investments, at cost, which approximates fair value

72,719

14,030

8,626

24,452

40,837

16,748

5,096

11,786

9,452

11,049

10,731

32,152

10,268

9,371

9,251

9,389

11,890

13,432

24,596

19,165

15,873

20,293

16,432

-

-

99,677

-

-

-

-

-

-

-

-

-

-

-

Short-term investments, at cost, which approximates fair value

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

30,465

16,367

-

38,680

14,912

11,263

23,826

32,785

41,088

16,826

40,461

60,172

33,560

40,775

Total investments

1,160,518

1,110,553

1,078,714

1,075,428

1,047,714

1,030,798

1,028,290

1,010,641

1,002,165

1,005,869

998,838

984,933

960,520

945,519

943,802

932,140

913,233

900,822

887,541

862,687

852,376

832,941

825,920

819,265

803,670

791,808

788,443

772,895

796,410

806,429

803,408

793,929

782,481

785,308

788,510

771,441

728,541

Cash

52,281

49,318

55,268

35,945

44,607

52,594

55,258

53,652

40,795

37,833

31,541

28,840

33,656

24,587

32,130

29,696

32,427

28,139

24,927

36,902

27,913

35,578

30,997

20,566

17,153

27,636

22,792

24,994

23,928

19,801

20,041

18,037

15,985

13,245

12,910

3,687

16,342

Accrued investment income

7,800

7,066

7,285

7,298

7,093

6,561

7,166

6,786

6,926

6,553

6,951

6,214

6,874

6,295

6,817

5,957

6,724

5,991

6,681

5,917

6,475

5,751

6,284

5,614

6,498

5,423

6,493

6,114

6,556

6,332

6,595

6,406

7,069

6,713

6,463

7,038

7,365

Premiums receivable

182,064

165,732

173,749

176,257

171,515

156,702

160,318

169,220

163,219

160,406

163,425

170,978

169,303

159,389

165,761

159,990

152,454

141,267

146,608

147,259

143,668

133,306

139,566

137,198

133,342

123,904

130,495

131,993

127,621

117,196

121,335

118,158

110,775

104,715

105,835

107,100

96,467

Reinsurance receivable

374,758

367,021

362,366

357,629

350,704

343,369

322,467

311,644

313,541

298,342

283,579

277,174

269,803

263,028

259,428

258,139

254,036

259,728

259,890

259,756

-

253,635

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Reinsurance receivable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

265,967

-

251,811

278,563

252,079

244,239

241,923

240,527

220,553

215,893

208,912

209,598

202,172

209,823

196,792

189,975

173,836

Deferred policy acquisition costs

60,314

59,284

63,685

64,274

62,346

60,615

64,566

64,609

62,379

60,289

61,877

61,079

58,364

56,309

57,404

56,344

52,520

52,108

53,510

52,844

50,068

48,298

49,081

48,132

45,407

43,627

44,601

43,308

41,186

40,121

40,968

39,635

37,263

36,424

37,773

36,360

34,445

Deferred tax asset, net

9,665

8,514

8,965

9,503

10,387

13,069

10,059

9,511

8,809

7,128

18,413

19,146

18,271

19,043

14,721

14,125

16,816

19,443

18,301

18,581

16,712

17,146

-

-

-

20,310

-

-

-

-

-

-

-

-

-

-

-

Deferred tax asset, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

17,286

15,957

17,886

-

19,059

18,831

6,817

6,267

2,431

7,094

8,395

9,919

9,998

10,586

11,988

Prepaid reinsurance premiums

163,622

142,475

141,958

143,969

140,711

135,379

141,536

143,726

142,106

135,032

137,810

136,936

131,682

124,255

127,431

127,155

120,851

113,522

117,503

118,829

116,698

115,871

121,161

121,200

116,693

112,663

118,456

118,844

114,688

111,156

114,686

114,170

108,904

106,450

109,895

106,382

89,365

Property and equipment, net

4,497

4,558

4,622

4,673

4,604

4,690

4,825

7,124

7,237

7,280

7,040

6,707

6,723

6,668

6,705

6,790

6,869

7,027

7,142

7,248

7,475

7,668

7,698

7,419

7,053

6,424

5,979

5,890

5,806

5,953

5,489

5,686

5,886

6,154

6,324

6,477

7,069

Accounts receivable - securities

23

4

48

-

-

261

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accounts receivable—securities

-

-

-

170

43

-

1,101

1,009

9

180

61

325

-

-

-

-

-

-

258

-

-

-

-

0

-

1,187

1,907

411

-

-

557

641

-

1,507

0

0

428

Federal income taxes recoverable

-

-

15,766

16,959

16,160

19,032

19,595

19,621

19,088

10,935

2,103

3,146

172

1,108

1,823

645

-

1,487

338

1,299

-

581

-

756

731

420

1,771

2,340

190

-

3,676

4,093

1,465

2,661

2,208

920

948

Due from affiliate

-

-

-

-

-

-

-

-

-

-

-

-

-

9,204

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Due from affiliate

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

616

482

-

795

1,308

-

-

-

-

-

Goodwill

5,625

5,625

5,625

5,625

5,625

5,625

5,625

5,625

5,625

5,625

5,625

5,625

5,625

5,625

5,625

5,625

5,625

5,625

5,625

5,625

5,625

5,625

5,625

5,625

5,625

5,625

5,625

5,625

5,625

5,625

5,625

5,625

5,625

5,625

5,625

5,625

5,493

Other intangible assets

958

958

958

958

958

958

958

958

958

958

958

958

958

958

958

958

958

958

958

958

958

958

958

958

958

958

958

958

958

958

958

958

958

958

958

958

958

Other

1,242

2,047

2,069

2,590

2,544

2,419

2,475

1,208

1,177

1,483

1,260

1,214

1,237

1,137

1,453

2,680

1,394

1,713

1,568

1,532

1,328

1,290

1,328

1,193

1,225

1,179

1,137

1,144

1,207

1,154

1,232

1,307

1,323

1,285

1,425

1,439

1,368

Total assets

2,023,371

1,923,161

1,921,085

1,901,282

1,865,019

1,832,078

1,824,247

1,805,338

1,774,039

1,737,919

1,719,486

1,703,281

1,663,193

1,623,131

1,624,064

1,600,250

1,563,912

1,537,834

1,530,856

1,519,444

1,495,268

1,458,654

1,457,722

1,462,453

1,408,324

1,385,410

1,389,645

1,374,496

1,352,032

1,336,889

1,336,715

1,326,651

1,288,305

1,290,793

1,284,721

1,247,993

1,174,619

Liabilities and Stockholders' Equity
Liabilities
Unpaid losses and loss expenses

888,212

869,673

864,534

845,282

836,519

814,665

779,979

747,630

727,562

676,671

644,350

643,246

620,849

606,664

594,267

577,165

574,544

578,205

569,146

565,174

557,000

538,258

520,102

526,371

510,122

495,619

496,477

489,650

470,555

458,827

446,654

448,779

437,278

442,407

414,355

402,741

383,318

Unearned premiums

542,278

510,147

528,037

535,999

523,702

506,528

530,543

535,877

524,021

503,456

515,905

509,838

488,826

466,055

476,432

471,017

448,421

429,493

441,318

436,819

419,591

408,646

422,802

417,150

397,797

382,734

397,738

392,141

374,384

363,088

373,751

364,853

346,018

336,937

346,857

335,637

297,272

Accrued expenses

22,025

28,453

26,964

25,180

21,498

25,442

24,381

24,120

21,130

28,033

23,228

22,436

19,070

28,246

21,067

19,167

16,606

22,460

18,827

16,965

16,685

19,429

16,961

14,758

14,621

19,265

18,100

16,899

14,451

17,140

17,253

17,207

17,856

20,956

19,696

21,431

21,287

Reinsurance balances payable

2,594

2,116

2,032

2,545

2,745

3,882

3,191

6,389

6,031

4,116

5,682

6,286

5,875

4,369

3,058

3,918

3,484

3,480

3,940

5,182

7,742

7,841

10,444

14,995

12,510

17,948

14,537

20,351

14,977

13,941

17,436

17,042

16,896

20,039

21,533

21,081

19,140

Borrowings under lines of credit

85,000

35,000

35,000

35,000

35,000

60,000

60,000

60,000

59,000

59,000

69,000

69,000

69,000

69,000

74,000

77,500

81,000

81,000

48,000

47,500

55,000

53,500

56,000

60,000

61,000

58,000

64,500

61,500

61,500

52,000

49,690

54,905

54,500

54,500

54,500

54,500

35,617

Cash dividends declared to stockholders

-

4,075

-

-

-

3,948

-

-

-

3,841

-

-

-

3,622

-

-

-

3,511

-

-

-

3,467

-

0

-

3,299

-

-

-

3,066

-

-

-

2,996

0

0

2,870

Subordinated debentures

5,000

5,000

5,000

5,000

5,000

5,000

5,000

5,000

5,000

5,000

5,000

5,000

5,000

5,000

5,000

5,000

5,000

5,000

5,000

5,000

5,000

5,000

5,000

5,000

5,000

5,000

5,000

5,000

5,000

20,465

20,465

20,465

20,465

20,465

20,465

20,465

20,465

Accounts payable - securities

2,920

1

1,956

5,222

-

1,003

-

1,514

-

-

260

272

3,143

-

540

-

1,775

582

-

-

1,133

-

5,254

8,223

-

751

-

-

3,515

-

5,416

6,334

-

-

9,852

3,238

-

Income taxes payable

870

84

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Federal income tax payable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3,086

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Federal income taxes payable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,152

-

1,000

-

-

-

-

-

-

583

-

-

-

-

-

-

-

Payable for the purchase of MICO

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

7,207

Due to affiliate

7,189

10,069

7,015

6,010

7,965

10,874

3,737

3,488

4,192

7,314

5,755

2,576

2,937

-

3,978

4,966

2,076

3,557

753

1,484

2,662

2,409

248

4,722

1,662

2,170

52

-

-

4,579

-

-

1,494

5,386

5,435

2,641

2,926

Drafts payable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

136

179

-

669

-

-

1,950

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Drafts payable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,193

1,192

-

2,438

3,683

1,083

1,386

1,466

1,800

621

863

1,352

1,640

808

1,548

2,578

1,854

1,304

Other

7,719

7,524

7,992

3,188

3,382

1,863

1,873

1,649

1,746

1,789

1,577

1,492

1,778

1,556

1,710

1,511

1,537

2,155

1,632

2,981

2,578

2,017

2,526

2,068

2,940

2,358

2,694

2,352

2,305

2,298

1,806

1,843

2,060

2,104

1,787

1,733

3,106

Total liabilities

1,563,810

1,472,145

1,478,533

1,463,428

1,435,815

1,433,208

1,408,707

1,385,668

1,348,685

1,289,223

1,270,760

1,260,149

1,216,482

1,184,515

1,180,055

1,160,383

1,137,714

1,129,445

1,089,289

1,082,300

1,069,738

1,042,520

1,042,778

1,056,974

1,006,739

988,533

1,000,566

989,695

947,311

936,855

933,826

933,072

897,379

907,341

897,063

865,325

794,516

Stockholders' Equity
Preferred stock, $.01 par value, authorized 2,000,000 shares; none issued

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

Additional paid-in capital

269,888

268,151

265,680

264,320

262,249

261,258

259,667

258,665

257,035

255,401

243,628

241,909

239,690

236,851

231,885

227,074

221,659

219,525

218,082

216,828

202,971

200,348

197,753

192,824

190,342

189,116

182,727

181,371

178,700

176,416

173,234

172,664

171,402

170,836

170,275

167,803

167,093

Accumulated other comprehensive income

3,704

504

418

-1,837

-7,759

-14,228

-18,943

-16,666

-15,513

-2,684

-874

-1,551

-1,907

-2,254

6,340

8,108

4,732

773

2,789

1,438

5,481

5,353

4,222

4,901

1,936

-2,312

-1,059

345

22,344

26,394

29,447

23,785

22,451

23,533

21,372

13,619

8,561

Retained earnings

226,874

223,267

217,362

216,280

215,625

192,751

215,729

218,584

224,745

236,893

246,893

243,696

249,851

244,942

246,710

245,614

240,739

229,024

234,411

232,592

229,897

223,253

225,790

220,578

222,133

222,888

219,914

215,528

216,122

209,670

212,078

208,332

207,594

199,604

206,476

210,905

213,435

Treasury stock, at cost

41,226

41,226

41,226

41,226

41,226

41,226

41,226

41,226

41,226

41,226

41,226

41,226

41,226

41,226

41,226

41,226

41,226

41,226

14,006

14,006

13,101

13,101

13,101

13,101

13,101

13,089

12,773

12,713

12,713

12,713

12,136

11,469

10,787

10,787

10,730

9,924

9,249

Total stockholders' equity

459,560

451,015

442,551

437,853

429,203

398,869

415,540

419,670

425,353

448,696

448,726

443,132

446,710

438,615

444,008

439,866

426,197

408,388

441,567

437,144

425,530

416,134

414,943

405,478

401,585

396,877

389,078

384,801

404,721

400,034

402,888

393,578

390,925

383,451

387,657

382,667

380,102

Total liabilities and stockholders' equity

2,023,371

1,923,161

1,921,085

1,901,282

1,865,019

1,832,078

1,824,247

1,805,338

1,774,039

1,737,919

1,719,486

1,703,281

1,663,193

1,623,131

1,624,064

1,600,250

1,563,912

1,537,834

1,530,856

1,519,444

1,495,268

1,458,654

1,457,722

1,462,453

1,408,324

1,385,410

1,389,645

1,374,496

1,352,032

1,336,889

1,336,715

1,326,651

1,288,305

1,290,793

1,284,721

1,247,993

1,174,619

Class A Common Stock [Member]
Common stock value

263

262

260

259

258

258

-

-

-

255

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total stockholders' equity

263

262

260

259

258

258

-

-

-

255

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Class B Common Stock [Member]
Common stock value

56

56

56

56

56

56

-

-

-

56

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total stockholders' equity

56

56

56

56

56

56

-

-

-

56

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-