FBL FINANCIAL GROUP, INC. FFG Income Statement

Fbl financial group, inc. (FFG)

Income statement / TTM

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	Mar'11	Sep'10	Jun'10
Revenues:
Interest sensitive product charges
127,567	127,113	125,559	125,585	123,957	122,789	118,440	115,283	113,833	112,936	115,600	113,447	113,018	111,928	111,323	115,328	114,574	114,584	113,935	111,712	110,800	109,770	109,291	113,928	113,362	111,575	110,719	104,087	101,482	101,410	99,199	98,350	98,206	97,103	101,335	106,981	0	0	0
Traditional life insurance premiums
197,779	197,863	196,961	198,103	198,207	198,312	198,259	197,222	196,393	195,330	195,272	195,867	195,210	196,914	195,623	194,660	193,946	190,956	188,102	186,403	184,956	183,300	184,025	182,888	181,502	180,944	179,044	177,047	176,897	175,086	173,568	172,024	170,255	168,519	164,589	167,038	0	0	0
Net investment income
390,275	424,998	399,877	404,156	403,236	394,618	418,100	415,293	415,227	415,199	409,401	409,965	406,779	404,170	401,626	393,994	390,761	391,149	390,636	390,498	388,224	382,082	377,151	374,789	372,472	370,651	368,621	368,721	365,246	361,324	355,801	347,770	346,413	343,310	439,276	533,733	0	0	0
Derivative income (loss)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0
Gain (Loss) on Investments, Excluding Other than Temporary Impairments
-15,035	8,523	5,569	4,164	4,628	-7,276	-1,615	-825	-745	599	3,738	4,303	1,113	3,106	3,520	2,781	13,018	11,062	7,730	9,096	3,934	3,760	6,681	6,866	11,495	15,967	19,635	23,556	20,532	17,479	11,414	6,314	3,974	5,355	11,142	13,050	0	0	0
Other than Temporary Impairment, Credit Losses Recognized in Earnings, Additions, No Previous Impairment
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other than Temporary Impairment Losses
0	-	-	-	0	-	-	-	-	-	-	-	-	7,320	3,769	4,303	4,438	719	992	433	0	-	0	0	-	6,662	11,071	12,264	15,744	26,399	28,496	22,267	25,780	20,206	13,268	44,645	0	0	0
Non-credit portion in other comprehensive income/loss
-	-	-	-	-	-	-	-	-	-	-	-	-	2,451	1,522	1,668	1,668	146	146	0	0	-	0	0	-	4,250	17,192	19,151	19,151	9,372	-11,106	-7,648	-12,759	-6,555	-6,456	-31,885	0	0	0
Other than Temporary Impairment Losses, Investments, Portion Recognized in Earnings, Net
-	-	4,827	4,827	-	4,998	2,510	2,527	2,527	1,553	2,755	2,713	2,738	4,869	2,247	2,635	2,770	573	846	433	0	-	0	0	-	2,412	9,519	12,671	16,151	17,027	17,390	14,619	13,021	13,651	6,812	12,760	0	0	0
Other income
18,113	17,103	16,617	16,028	15,551	16,181	15,754	15,427	16,240	15,400	15,396	15,511	15,286	15,165	15,014	14,941	15,000	15,631	16,051	16,531	15,258	14,849	14,703	13,968	14,653	14,506	14,341	13,944	15,977	17,268	17,491	19,456	17,707	17,701	17,397	16,472	0	0	0
Total revenues
706,388	774,681	739,756	743,209	740,752	719,626	746,428	739,873	738,421	737,911	736,652	736,380	728,668	726,414	724,859	719,069	724,529	722,809	715,332	713,258	702,350	692,939	690,776	690,872	691,718	691,231	682,841	674,684	663,983	655,540	640,083	629,295	623,534	618,337	766,753	810,055	0	0	0
Benefits and expenses:
Interest sensitive product benefits
250,228	276,473	262,592	265,590	263,004	253,753	257,788	254,849	250,463	251,878	247,943	246,619	246,927	238,586	233,182	221,240	216,054	217,443	216,516	215,578	213,968	211,540	211,333	211,819	208,687	203,599	199,748	194,900	195,597	196,387	194,881	195,651	194,543	192,082	261,533	340,577	0	0	0
Change in value of index product embedded derivatives
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0
Traditional life insurance benefits
174,187	174,654	173,372	174,663	176,428	175,209	178,175	176,640	175,525	173,023	175,820	175,308	176,067	177,682	174,237	173,720	175,005	176,145	172,980	169,751	167,088	162,876	162,539	163,890	162,162	160,471	159,160	156,907	156,985	156,290	155,971	154,096	151,472	148,959	145,155	140,768	0	0	0
Policyholder dividends
10,048	10,053	10,078	10,117	10,113	10,130	10,134	10,141	10,138	10,140	10,157	10,129	10,087	10,574	11,040	11,466	11,907	11,828	11,728	11,677	11,628	12,012	12,408	12,818	13,306	13,319	13,379	13,414	13,389	14,275	15,158	15,988	16,974	17,030	16,958	17,236	0	0	0
Underwriting, acquisition and insurance expenses
143,856	140,624	158,768	150,405	148,667	152,055	144,270	140,971	140,102	134,878	131,759	130,009	132,606	135,967	138,570	148,961	145,841	143,668	142,246	140,899	140,355	138,258	136,378	134,619	136,680	138,260	140,295	147,164	144,203	141,906	139,454	134,782	127,660	128,184	129,373	143,769	0	0	0
Interest expense
4,851	4,850	4,850	4,849	4,850	4,851	4,850	4,851	4,851	4,850	4,850	4,850	4,850	4,850	4,851	4,851	4,850	4,850	4,849	4,833	4,707	4,707	4,712	5,348	6,100	6,863	7,626	7,800	7,945	7,952	7,980	7,956	8,126	8,532	12,623	16,757	0	0	0
Loss on debt redemption
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	33,209	33,176	0	0	0	-	-
Other expenses
26,417	25,246	24,963	24,260	23,252	22,595	20,801	20,711	19,824	18,382	18,181	17,064	16,759	16,966	16,729	17,152	17,335	17,507	17,871	17,082	16,847	16,445	16,174	17,723	18,158	18,414	18,293	17,242	19,107	20,513	21,343	22,243	21,561	20,652	20,078	20,247	0	0	0
Total benefits and expenses
609,587	631,900	634,623	629,884	626,314	618,593	616,018	608,163	600,903	593,151	588,710	583,979	587,296	584,625	578,609	577,390	570,992	571,441	566,190	559,820	554,593	545,838	543,544	546,217	545,093	540,926	538,501	537,427	537,226	537,356	567,996	563,925	553,545	548,615	642,318	677,350	0	0	0
Income before equity method investments, income taxes and noncontrolling interest
96,801	142,781	105,133	113,325	114,438	101,033	130,410	131,710	137,518	144,760	147,942	152,401	141,372	141,789	146,250	141,679	153,537	151,368	149,142	153,438	147,757	147,101	147,232	144,655	146,625	150,305	144,340	137,257	126,757	118,184	72,087	65,370	69,989	69,722	124,435	132,705	0	0	0
Income tax benefit (expense)
10,572	19,929	10,617	13,793	14,113	11,650	-60,025	-54,963	-46,903	-39,983	41,087	44,298	40,884	41,220	45,998	44,427	48,103	47,418	48,290	49,305	47,491	47,335	47,501	46,928	47,967	49,322	47,374	46,018	42,896	40,071	21,909	19,138	19,237	18,797	40,038	42,714	0	0	0
Income (Loss) from Equity Method Investments
3,464	3,456	3,421	4,264	3,999	4,439	-611	-1,766	19	2,590	518	3,159	2,848	2,269	10,984	10,617	10,406	9,523	9,864	10,095	10,224	10,103	8,912	7,749	7,746	7,410	7,043	6,272	4,374	4,683	3,574	2,747	2,174	1,284	2,974	3,950	0	0	0
Net income from continuing operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	82,796	53,752	48,979	52,926	52,209	0	0	0	-	-
Discontinued operations:
Loss on sale of subsidiary, net of tax benefit ($1,213 in 2012 and $29,198 in 2011)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-2,252	-56,395	-56,395	-56,395	-54,143	0	0	0	-	-
Income from discontinued operations, net of tax
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-687	12,352	23,651	35,732	42,679	0	0	0	-	-
Total income (loss) from discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-2,939	-44,043	-32,744	-20,663	-11,464	0	0	0	-	-
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest
0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	104,031	97,588	88,228	79,857	9,709	16,235	32,263	40,745	116,989	112,205	0	0	0
Net (income) loss attributable to noncontrolling interest
42	99	52	30	53	29	-8	-42	3	28	23	22	7	-4	-12	-21	-42	-54	-54	-42	-50	-72	-102	-163	-180	-165	-161	-27	-91	-83	-25	-92	-12	6	-47	-85	0	0	0
Net Income (Loss) Attributable to Parent
89,651	126,209	97,885	103,766	104,271	93,793	189,832	184,949	184,437	187,305	107,350	111,240	103,329	102,842	111,248	107,890	115,882	113,527	110,770	114,270	110,540	109,941	108,745	105,639	106,584	108,558	104,192	97,615	88,319	79,940	9,734	16,327	32,275	40,739	117,036	112,290	0	0	0
Earnings per common share:
Comprehensive income
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	0	0	0	-	-
Income from continuing operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.86	0.77	0.74	0.64	-0.22	0.51	0.79	0.61	-	-
Income (loss) from discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-0.01	0.00	0.00	-0.10	-1.33	0.37	0.39	0.20	-	-
Earnings (loss) per common share
-0.10	1.41	1.01	1.30	1.37	0.27	1.24	1.31	0.94	4.09	1.04	1.29	1.05	0.90	1.20	0.97	1.04	1.23	1.07	1.30	0.95	1.14	1.21	1.15	0.92	1.09	1.05	1.14	0.97	0.85	0.77	0.74	0.54	-1.55	0.88	1.18	0.81	0.94	0.73
Earnings per common share - assuming dilution:
Income from continuing operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.85	0.76	0.73	0.63	-0.21	0.50	0.78	0.60	-	-
Income (loss) from discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.00	0.00	0.00	-0.10	-1.31	0.36	0.38	0.20	-	-
Earnings (loss) per common share - assuming dilution
-0.10	1.41	1.01	1.30	1.37	0.26	1.24	1.31	0.94	4.09	1.04	1.29	1.05	0.89	1.20	0.97	1.04	1.24	1.06	1.29	0.94	1.13	1.21	1.14	0.91	1.08	1.04	1.13	0.96	0.85	0.76	0.73	0.53	-1.52	0.86	1.16	0.80	0.93	0.73
Cash dividends per common share
-	-	-	-	-	-	-	-	-	-	-	0.44	1.94	-	0.42	0.42	2.42	-	0.40	0.40	2.40	-	0.35	0.35	0.35	-	2.15	0.11	0.11	-	0.10	0.10	0.10	-	0.06	0.06	0.06	0.06	0.06