Hci group, inc. (HCI)
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'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Dec'10
Assets
Fixed-maturity securities, available for sale, at fair value (amortized cost: $186,224 and $199,954, respectively and allowance for credit losses: $439 and $0, respectively)

185,845

202,839

210,753

209,914

210,728

182,723

145,719

165,133

195,703

237,484

256,102

248,646

172,774

166,248

170,016

135,707

130,373

125,009

127,104

165,435

158,325

97,084

122,430

133,113

112,151

62,093

40,119

35,117

35,953

41,397

40,141

38,832

35,788

35,326

23,404

28,564

Equity securities, at fair value (cost: $25,514 and $31,863, respectively)

24,131

35,285

32,443

29,861

30,228

41,143

45,311

40,125

45,609

59,956

63,023

56,152

57,464

53,035

51,460

49,712

48,444

48,237

53,536

60,331

59,779

45,550

37,812

22,872

17,649

11,971

10,335

9,944

8,876

9,522

8,669

8,124

4,061

4,757

5,025

884

Short-term investments

464

491

495

-

-

66,479

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Short-term investments

-

-

-

508

31,075

-

87,778

110,042

55,433

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Equity securities, trading, at fair value (cost: $953 and $0, respectively)

-

-

-

-

-

-

-

-

-

-

1,003

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Limited partnership investments

25,634

28,346

30,690

30,790

31,830

32,293

28,944

25,951

25,247

23,184

20,998

19,900

20,351

29,263

28,226

25,269

24,729

23,930

22,162

22,716

21,795

2,550

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Investment in unconsolidated joint venture, at equity

746

762

774

791

812

845

860

1,634

1,253

1,304

1,664

1,680

1,710

2,102

4,940

5,015

5,074

4,787

4,751

4,746

4,747

4,477

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Assets held for sale

-

-

10,031

10,025

9,810

9,810

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Real estate investments

75,770

73,763

63,454

63,228

63,309

54,490

63,892

64,081

58,024

58,358

48,961

49,286

48,725

48,086

33,808

31,661

30,979

30,954

25,663

22,447

19,580

19,138

18,938

-

16,228

-

-

-

-

-

-

-

-

-

-

-

Time deposits

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

7,267

7,184

12,546

12,427

14,442

14,306

-14,033

Other investments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

16,450

-

16,458

16,014

16,059

16,087

15,696

15,636

6,585

6,483

-

-

-

Total investments

312,590

341,486

348,640

345,117

377,792

387,783

372,504

406,966

381,269

380,286

391,751

375,664

301,024

298,734

288,450

247,364

239,599

232,917

233,216

275,675

264,226

168,799

179,180

172,435

146,028

90,522

66,468

61,120

60,916

73,882

71,630

66,087

58,759

54,525

42,735

43,481

Cash and cash equivalents

317,078

229,218

214,626

217,153

177,965

239,458

249,083

216,453

226,210

255,884

292,438

296,520

407,937

280,531

291,880

309,274

277,913

267,738

331,542

274,729

271,413

314,416

302,048

296,576

293,398

273,878

296,812

279,327

230,214

141,922

131,088

110,876

100,355

61,956

80,256

54,849

Restricted cash

700

700

700

700

700

700

700

809

809

809

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accrued interest and dividends receivable

1,924

1,616

2,074

1,682

2,456

1,792

1,527

1,472

1,588

1,983

2,241

2,081

1,815

1,654

1,695

1,389

1,434

1,390

1,505

1,574

1,451

1,059

1,263

1,338

1,133

572

410

272

375

334

546

315

408

244

186

180

Income taxes receivable

916

1,040

315

1,511

-

971

3,005

3,108

11,014

16,192

24,081

973

-

2,811

-

4,837

-

1,858

-

-

-

2,624

-

-

-

-

-

-

-

1,495

4,900

-

-

774

3,033

-

Premiums receivable

18,898

20,255

25,649

26,398

16,888

16,667

25,461

25,897

16,930

17,807

27,179

26,621

17,631

17,276

26,126

27,228

18,701

19,631

29,778

30,161

18,516

15,824

28,762

18,033

14,674

-

-

-

10,642

17,499

20,738

13,747

-

10,050

10,263

5,822

Premiums and reinsurance receivable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

24,600

28,305

17,125

-

-

-

-

13,909

-

-

-

Assumed reinsurance balances receivable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

1,189

-

63

-

26

Prepaid reinsurance premiums

7,620

17,983

32,758

29,543

7,364

17,932

27,458

29,580

8,100

22,286

28,352

36,032

12,393

24,554

29,699

35,793

16,923

40,747

26,590

33,418

16,072

34,096

33,277

15,217

28,066

32,535

31,236

16,035

9,112

21,781

26,484

3,094

14,169

17,228

8,866

17,787

Reinsurance recoverable, net of allowance for credit losses:
Paid losses and loss adjustment expenses (allowance: $134 and $0, respectively)

16,766

16,155

20,321

19,183

19,432

11,151

22,200

12,903

28,760

2,344

17

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Unpaid losses and loss adjustment expenses (allowance: $295 and $0, respectively)

100,937

116,523

143,123

58,897

86,208

112,760

50,895

82,998

57,183

100,760

213,729

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred policy acquisition costs

20,338

21,663

23,135

20,851

15,171

16,507

20,669

20,086

15,334

16,712

21,150

20,251

15,372

16,639

21,221

21,091

16,453

18,602

23,532

21,993

15,063

15,014

20,083

14,184

14,071

18,872

18,608

11,822

10,032

12,548

12,476

9,350

12,321

11,157

10,062

9,407

Property and equipment, net

14,569

14,698

14,360

13,873

13,584

13,338

13,183

12,845

12,603

12,465

12,356

12,080

11,715

11,374

11,332

11,598

11,711

11,786

11,838

12,007

12,188

12,292

12,643

12,931

13,132

13,163

13,008

12,981

10,853

10,840

10,586

10,605

10,499

16,788

15,778

7,755

Intangible assets, net

4,034

4,192

4,347

4,498

4,649

4,800

4,951

5,102

4,844

4,995

4,498

4,656

4,777

4,899

2,559

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Goodwill

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

161

161

161

161

-

-

-

Deferred income taxes, net

-

-

-

-

-

-

-

-

-

-

-

-

-

250

3,972

1,117

2,473

3,189

6,421

4,022

2,220

2,499

-

-

-

5,664

-

4,921

3,848

-

0

3,081

2,368

-

-

584

Other assets

19,969

17,080

13,451

12,734

11,198

9,004

24,701

23,493

8,580

9,741

11,461

17,840

15,477

11,342

7,358

10,780

44,720

39,128

38,440

48,151

41,195

31,934

22,399

19,101

15,814

8,548

6,934

3,957

2,296

1,849

2,220

2,604

1,869

1,378

1,665

1,057

Total assets

836,339

802,609

843,499

752,140

733,407

832,863

816,337

841,712

773,224

842,264

1,029,253

792,718

788,141

670,064

684,292

670,471

629,927

636,986

702,862

701,730

642,344

598,557

599,655

549,815

526,316

468,354

461,781

407,560

338,288

282,311

280,829

221,109

214,818

174,163

172,844

140,948

Liabilities and Stockholders’ Equity
Losses and loss adjustment expenses

207,108

214,697

237,921

154,242

184,661

207,586

138,414

172,387

148,586

198,578

344,672

73,089

69,911

70,492

57,195

54,727

53,271

51,690

57,217

54,329

51,177

48,908

43,044

43,597

43,686

43,524

44,749

41,751

41,168

38,726

37,313

33,476

27,424

23,693

24,973

22,146

Unearned premiums

165,155

181,163

204,755

193,426

143,300

157,729

199,050

194,828

148,686

164,896

206,174

199,970

155,538

175,803

209,322

208,600

164,031

187,290

235,033

233,503

185,958

214,071

206,657

156,959

171,907

188,120

191,446

140,951

154,249

120,845

120,429

90,875

108,677

78,289

70,530

65,034

Advance premiums

44,545

5,589

11,646

13,652

16,160

6,192

10,350

13,150

15,888

4,948

10,248

14,967

17,065

4,651

9,877

13,824

16,854

4,983

11,087

15,405

19,708

4,380

14,873

17,567

4,504

9,628

11,273

15,905

4,029

6,702

9,004

11,204

2,132

4,584

6,900

1,114

Assumed reinsurance balances payable

54

76

-

0

4

14

142

133

114

15

243

181

4,325

3,294

-

-

1,087

1,084

415

855

9,651

218

316

994

4,660

586

1,466

991

1,377

1,329

1,389

-

-

-

51

-

Accrued expenses

9,275

10,059

13,387

11,099

8,586

6,483

11,759

10,044

8,311

6,035

11,803

10,828

8,986

6,513

13,607

11,330

10,150

6,316

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accrued expenses (Note 4 - Consolidated Variable Interest Entity)

9,275

10,059

13,387

11,099

8,586

6,483

11,759

10,044

8,311

6,035

11,803

10,828

-

6,513

-

-

10,150

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Reinsurance recovered in advance on unpaid losses

-

-

-

-

-

-

-

-

-

13,885

9,882

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Dividends payable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3,111

3,190

19

26

34

37

42

98

104

1,499

218

218

218

-

Income taxes payable

-

-

-

-

1,429

-

-

-

-

-

-

-

4,929

-

891

-

2,259

-

2,261

5,947

13,507

-

103

8,592

543

1,260

124

13,802

8,813

-

0

5,097

4,956

-

-

310

Deferred income taxes, net

3,268

4,008

3,340

2,750

1,857

1,068

2,221

2,993

1,043

1,890

3,092

4,383

5,532

-

-

-

-

-

-

-

-

-

2,951

2,586

2,740

-

1,529

-

-

977

1,877

-

-

-

-

-

Revolving credit facility

23,750

9,750

9,750

9,500

8,000

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Long-term debt

165,416

163,695

-

-

-

250,150

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Long-term debt

-

-

162,996

162,293

161,623

-

248,544

240,983

239,392

237,835

236,311

234,817

272,982

138,863

138,172

128,123

127,397

129,429

131,647

130,929

130,227

125,886

128,205

127,559

126,932

40,250

40,250

40,250

0

-

-

-

-

-

-

-

Deferred income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

285

1,432

-

Payable for securities purchased

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3,002

-

Accrued expenses (inclusive of $21 and $0 of consolidated variable interest entities, respectively)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

13,854

12,080

9,963

4,826

10,162

8,567

4,032

9,665

7,725

6,727

3,041

5,053

4,439

3,984

3,478

3,247

2,848

2,385

Other liabilities

38,512

28,029

15,499

18,684

20,747

22,200

13,722

16,173

18,302

20,207

13,772

16,058

16,703

26,702

10,716

14,110

17,641

18,472

22,208

22,935

16,137

17,683

14,140

11,492

6,772

8,762

9,600

7,418

4,316

7,494

8,273

5,176

4,103

4,668

4,857

3,330

Total liabilities

657,083

617,066

659,294

565,646

546,367

651,422

624,202

650,691

580,322

648,289

836,197

554,293

555,971

426,318

439,780

430,714

392,690

399,264

473,722

475,983

436,328

415,972

423,562

381,103

365,795

301,821

308,196

267,832

217,035

181,224

182,828

151,311

150,988

114,984

114,811

94,319

Commitments and contingencies (Note 19)

-

-

-

-

-

-

0

0

0

-

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

-

-

-

0

-

-

-

-

-

-

0

Stockholders' equity:
Preferred stock

-

-

-

-

-

-

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

Common stock (no par value, 40,000,000 shares authorized, 7,735,204 and 7,764,564 shares issued and outstanding at March 31, 2020 and December 31, 2019, respectively)

-

-

-

-

-

-

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

-

-

-

0

103

-

0

0

0

-

-

-

-

8,139

8,401

13,262

18,549

23,879

24,209

22,763

19,927

20,465

36,511

44,148

48,966

67,292

65,394

64,286

63,875

53,209

51,742

30,321

29,636

28,572

28,532

18,606

Retained income

179,210

183,365

182,114

184,739

186,396

182,894

193,236

192,080

193,971

189,409

188,313

235,436

228,598

232,964

231,240

222,778

218,689

215,634

207,148

202,853

183,792

161,454

135,585

122,026

110,441

98,070

87,294

73,657

55,758

46,045

45,179

38,499

33,986

30,803

29,559

28,065

Accumulated other comprehensive income, net of taxes

46

2,178

2,091

1,755

541

-1,453

-1,101

-1,059

-1,069

4,566

4,743

2,989

3,572

2,643

4,871

3,717

-1

-1,791

-2,217

131

2,297

666

3,997

2,538

1,114

1,171

897

1,785

1,620

1,833

1,080

978

208

-196

-58

-42

Total stockholders’ equity

179,256

185,543

184,205

186,494

187,040

181,441

192,135

191,021

192,902

193,975

193,056

238,425

232,170

243,746

244,512

239,757

237,237

237,722

229,140

225,747

206,016

182,585

176,093

168,712

160,521

166,533

153,585

139,728

121,253

101,087

98,001

69,798

63,830

59,179

58,033

46,629

Total liabilities and stockholders’ equity

836,339

802,609

843,499

752,140

733,407

832,863

816,337

841,712

773,224

842,264

1,029,253

792,718

788,141

670,064

684,292

670,471

629,927

636,986

702,862

701,730

642,344

598,557

599,655

549,815

526,316

468,354

461,781

407,560

338,288

282,311

280,829

221,109

214,818

174,163

172,844

140,948