INDEPENDENCE HOLDING COMPANY IHC Balance Sheet

Independence holding company (IHC)

Balance Sheet / Quarterly

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	Dec'10
Assets
Investments
Short-term Investments
74,029	50	50	50	50	1,050	1,047	50	50	50	50	50	804	6,912	8,151	50	50	50	50	50	50	50	50	50	50	50	50	50	50	50	50	50	50	50	50	50	53
Securities Purchased under Agreements to Resell
18,377	107,157	56,878	38,864	35,366	12,063	18,025	8,642	9,597	10,269	20,597	14,479	18,221	28,962	11,282	16,232	21,196	28,285	11,082	23,429	50,937	16,790	16,413	19,260	34,971	22,594	34,036	10,588	13,418	33,956	14,982	21,637	17,112	17,258	17,352	13,980	41,081
Trading Securities
-	-	-	-	-	-	-	-	-	-	516	520	567	592	1,135	1,216	1,190	1,259	8,993	9,242	9,520	11,095	11,370	11,600	10,594	7,125	6,394	7,997	6,546	7,016	5,858	6,383	6,851	-	-	-	-
Debt Securities, Available-for-sale
414,004	384,974	440,289	461,426	456,260	453,464	432,950	440,077	443,190	441,912	426,000	434,545	415,712	449,487	472,348	560,135	520,638	428,601	435,929	608,256	564,144	583,880	566,612	571,727	535,094	542,287	546,707	573,527	765,261	719,602	736,584	717,158	716,809	851,977	822,766	817,257	793,656
Equity Securities, FV-NI
2,959	3,747	5,577	5,543	5,359	5,166	5,528	5,262	6,019	6,120	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Available-for-sale Securities, Equity Securities
-	-	-	-	-	-	-	-	-	-	5,460	5,455	5,360	5,333	6,685	8,941	8,714	8,426	8,748	9,051	7,350	13,895	13,121	12,962	11,995	11,803	5,605	5,594	8,288	15,598	28,093	30,541	29,463	28,437	43,558	54,142	48,073
Other Investments
14,743	15,208	13,889	13,328	11,014	13,192	17,511	17,729	18,033	18,547	18,338	17,665	23,060	23,534	21,178	20,294	20,501	21,538	24,037	23,745	25,484	25,251	26,406	25,599	25,344	25,123	26,302	25,648	35,733	35,134	34,606	32,245	32,496	35,223	37,247	37,731	36,864
Investments
524,112	511,136	516,683	519,211	508,049	484,935	475,061	471,760	476,889	476,898	470,961	472,714	463,724	514,820	520,779	606,868	572,289	488,159	488,839	673,773	657,485	650,961	633,972	641,198	618,048	608,982	619,094	623,404	829,296	811,356	820,173	808,014	802,781	932,945	920,973	923,160	919,727
Cash and Cash Equivalents, at Carrying Value
23,048	21,094	17,824	14,982	20,560	26,173	25,620	21,252	19,897	26,465	26,565	22,070	51,160	22,010	79,208	26,624	145,696	17,500	18,730	23,547	20,595	25,083	18,215	26,631	23,081	24,229	16,835	18,977	19,029	23,945	14,564	13,401	9,286	18,227	14,205	11,309	11,426
Due from securities brokers
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	17,072	-	6,636	11,296	9,585	12,106	27,435	17,421	15,022
Deferred acquisition costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	524	31,767	31,143	30,806	30,302	30,106	29,857	29,777	29,578	29,624	34,251	33,401	34,029	35,601	37,270	37,101	41,309	42,466	43,465
Premiums Receivable, Net
32,621	26,244	24,523	25,014	26,608	24,412	29,100	25,615	32,013	21,950	32,678	33,830	25,422	42,896	57,454	59,386	64,645	69,075	68,988	66,473	76,811	62,628	61,820	59,282	62,272	59,435	58,343	73,146	64,171	49,430	45,507	40,772	39,091	37,341	45,639	43,095	48,586
Reinsurance Recoverables, Including Reinsurance Premium Paid
362,301	362,969	364,673	367,241	367,071	368,731	371,540	374,316	374,358	380,593	383,192	395,779	409,806	440,285	478,845	488,337	462,087	483,073	481,813	266,597	273,712	278,242	280,023	331,649	380,002	380,229	377,802	383,848	166,159	166,880	167,685	309,299	306,933	159,729	157,981	156,067	154,243
Customer Funds
-	-	-	-	-	-	-	-	-	-	13,665	10,035	8,735	17,952	25,881	24,671	41,576	22,015	24,420	33,061	32,929	32,553	39,509	39,235	38,262	37,353	40,795	36,524	41,082	40,596	39,626	41,717	40,194	43,604	38,007	37,102	37,646
Notes and other receivables
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	16,991	-	17,916	17,513	19,827	15,500	15,137	17,494	16,766
Goodwill
64,827	60,165	60,205	60,205	52,998	50,697	50,697	50,697	50,697	50,697	50,697	50,697	50,691	41,573	41,573	47,276	47,276	47,276	53,371	56,452	50,318	50,318	50,318	50,318	50,318	50,318	50,318	50,318	50,318	50,318	50,318	50,318	50,318	50,318	51,713	51,713	51,713
Other Assets
72,926	72,695	79,730	84,272	87,061	82,568	83,928	86,251	86,387	84,020	61,472	62,445	55,728	54,928	47,065	44,718	48,257	57,934	54,637	51,533	62,739	65,636	54,244	60,446	86,178	78,712	83,984	77,548	44,501	86,382	43,054	44,073	49,126	51,988	55,224	57,592	63,198
Assets attributable to discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	12,931	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Assets, Total
1,079,835	1,054,303	1,063,638	1,070,925	1,062,347	1,037,516	1,035,946	1,029,891	1,040,241	1,040,623	1,039,230	1,047,570	1,065,266	1,134,464	1,250,805	1,297,880	1,381,826	1,197,963	1,191,322	1,203,203	1,205,732	1,196,227	1,168,403	1,238,865	1,288,018	1,269,035	1,276,749	1,293,389	1,282,870	1,262,308	1,239,508	1,372,004	1,364,411	1,358,859	1,367,623	1,357,419	1,361,792
Liabilities and Equity
Liabilities
Liability for Claims and Claims Adjustment Expense
170,836	164,802	161,429	168,984	164,910	160,115	158,168	159,678	165,923	168,683	169,547	181,565	182,292	219,113	242,819	247,568	247,900	245,443	252,927	249,556	245,047	236,803	227,877	233,992	236,656	237,754	232,688	240,155	-	194,480	-	-	-	-	-	-	-
Liability for Future Policy Benefit, before Reinsurance
200,986	201,205	204,155	205,355	206,199	208,910	209,588	210,592	212,174	214,766	217,415	218,291	219,105	219,450	233,261	233,603	235,251	270,624	270,047	275,501	275,803	277,041	277,878	283,036	287,309	287,449	285,175	289,726	-	290,238	-	-	-	-	-	-	-
Insurance reserves-health
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	199,666	-	178,531	177,341	173,531	179,042	179,856	182,064	181,447
Insurance reserves-life and annuity
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	278,155	-	278,195	279,190	279,611	279,636	278,395	278,673	278,000
Deposit Contracts, Liabilities
140,837	140,951	140,724	141,523	141,061	141,635	141,685	142,564	143,802	143,537	143,637	146,702	146,723	145,749	150,651	150,040	149,147	173,350	172,087	181,307	181,119	186,782	194,140	234,863	274,090	274,826	276,379	276,287	277,610	278,084	279,947	420,249	421,796	417,310	416,107	413,685	408,566
Unearned Premiums
27,403	7,282	9,899	14,636	17,599	5,557	9,452	12,579	15,678	6,666	7,993	8,742	10,663	9,786	11,567	11,747	13,350	10,236	13,448	12,176	11,042	9,455	8,731	12,639	13,833	12,423	10,970	11,106	10,325	8,453	7,326	5,837	5,935	4,319	2,647	3,310	4,043
Policy claims-health
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	11,359	-	13,369	14,176	14,024	13,945	14,892	15,458	16,521
Policy claims-life
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	12,216	-	10,409	10,888	12,035	11,948	12,153	11,443	11,809
Policyholder Account Balance
11,965	12,049	12,042	11,757	10,989	10,939	10,900	10,959	10,314	10,402	10,249	10,265	9,781	9,769	9,797	9,695	9,675	11,822	12,035	17,637	18,326	18,802	19,244	22,629	25,014	25,129	24,975	24,990	24,715	22,373	22,686	22,563	22,010	21,546	20,737	20,756	20,195
Reinsurance Payable
4,114	5,016	4,655	3,837	2,352	3,613	4,855	3,812	2,159	3,808	5,715	7,115	10,789	35,796	66,577	81,550	70,283	46,355	36,904	49,067	47,823	47,945	37,999	37,833	39,528	37,113	36,734	45,454	41,795	48,192	42,836	40,507	44,581	40,030	37,454	30,349	31,554
Due to securities brokers
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	99,803	-	-	-	-	-	-	-	-	-	-	-	7,124	-	230	4,887	1,988	383	16,536	18,338	32,469
Other Liabilities
61,506	61,049	54,501	54,420	55,932	53,133	53,752	51,002	53,629	56,453	59,747	51,856	51,420	55,477	55,930	60,406	57,020	64,109	68,659	66,516	79,052	67,641	66,274	77,681	80,867	71,889	75,861	71,425	69,343	71,495	64,208	61,127	60,504	66,410	63,481	66,966	70,497
Disposal Group, Including Discontinued Operation, Liabilities
-	-	-	-	-	-	-	-	-	-	0	0	38	68	408	2,410	6,085	-15	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Debt
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	4,025	4,250	5,189	5,189	7,326	4,000	4,000	4,000	6,000	6,000	6,000	6,000	8,000	8,000	8,000	8,000	10,000	10,000	10,000	10,000	7,500	7,500
Liabilities related to discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	771
Junior subordinated debt securities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	38,146	38,146	38,146	38,146	38,146	38,146	38,146	38,146	38,146	38,146	38,146	38,146	38,146	38,146	38,146	38,146	38,146	38,146	38,146	38,146	38,146	38,146	38,146
Liabilities
617,647	592,354	587,405	600,512	599,042	583,902	588,400	591,186	603,679	604,315	614,303	624,536	630,811	695,208	809,156	839,190	930,910	865,259	869,442	897,232	900,358	886,615	874,289	946,819	1,001,443	990,729	986,928	1,005,289	978,454	959,461	943,883	1,084,911	1,084,161	1,082,715	1,090,404	1,086,688	1,101,518
Commitments and contingencies (Note 13)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Redeemable Noncontrolling Interest, Equity, Common, Carrying Amount
2,290	2,237	2,315	2,271	2,229	2,183	2,146	2,209	2,148	2,065	2,035	2,018	2,008	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
TOTAL LIABILITIES AND EQUITY
1,079,835	1,054,303	1,063,638	1,070,925	1,062,347	1,037,516	1,035,946	1,029,891	1,040,241	1,040,623	1,039,230	1,047,570	1,065,266	1,134,464	1,250,805	1,297,880	1,381,826	1,197,963	1,191,322	1,203,203	1,205,732	1,196,227	1,168,403	1,238,865	1,288,018	1,269,035	1,276,749	1,293,389	1,282,870	1,262,308	1,239,508	1,372,004	1,364,411	1,358,859	1,367,623	1,357,419	1,361,792
STOCKHOLDERS' EQUITY:
Preferred Stock, Value, 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	-	-	-
Common Stock, Value, Issued
18,625	18,625	18,625	18,625	18,625	18,625	18,625	18,625	18,625	18,625	18,625	18,625	18,620	18,620	18,586	18,584	18,569	18,569	18,556	18,553	18,546	18,531	18,531	18,529	18,524	18,524	18,520	18,474	18,463	18,462	18,462	18,460	18,457	18,451	16,774	16,080	15,472
Additional Paid in Capital, Common Stock
123,260	122,717	122,221	121,586	122,055	124,395	125,279	125,018	124,774	124,538	126,135	126,590	126,534	126,468	126,001	128,303	128,053	127,733	127,580	127,451	127,113	127,098	126,999	126,899	126,335	126,239	127,683	127,187	127,036	126,589	126,547	126,474	126,377	126,298	112,369	105,960	101,003
Accumulated Other Comprehensive Income (Loss), Net of Tax
1,101	1,212	3,587	2,298	-2,641	-8,310	-11,963	-11,237	-8,985	-4,598	-2,344	-2,504	-4,443	-6,964	3,448	4,054	-479	-3,440	-1,346	-3,217	901	22	-3,195	-1,519	-4,954	-10,472	-5,922	-3,459	13,627	15,013	16,633	12,452	8,270	7,853	8,957	5,393	633
Treasury stock, at cost; 3,806,619 and 3,760,517 shares
71,196	69,724	69,704	67,428	65,926	66,392	66,918	66,440	65,996	63,404	61,712	59,588	31,885	17,483	17,483	15,753	14,782	13,961	13,890	12,880	12,738	12,141	12,141	11,039	9,432	8,169	7,431	7,431	5,098	4,533	4,397	4,303	3,747	3,277	2,515	1,998	1,917
Retained Earnings (Accumulated Deficit)
388,102	386,864	399,160	393,018	386,164	380,431	377,848	367,913	363,378	356,383	339,512	335,185	320,854	315,918	308,415	304,075	300,457	194,450	181,817	167,092	162,865	166,177	154,256	149,555	146,357	142,669	141,564	137,921	134,854	130,153	122,494	118,576	115,675	111,752	124,749	121,212	115,437
TOTAL IHC STOCKHOLDERS' EQUITY
459,892	459,694	473,889	468,099	458,277	448,749	442,871	433,879	431,796	431,544	420,216	418,308	429,680	436,559	438,967	439,263	431,818	323,351	312,717	296,999	296,687	299,687	284,450	282,425	276,830	268,791	274,414	272,692	288,882	285,684	279,739	271,659	265,032	261,077	260,334	246,647	230,628
Stockholders' Equity Attributable to Noncontrolling Interest
6	18	29	43	2,799	2,682	2,529	2,617	2,618	2,699	2,676	2,708	2,767	2,697	2,682	19,427	19,098	9,353	9,163	8,972	8,687	9,925	9,664	9,621	9,745	9,515	15,407	15,408	15,534	17,163	15,886	15,434	15,218	15,067	16,885	24,084	29,646
TOTAL EQUITY
459,898	459,712	473,918	468,142	461,076	451,431	445,400	436,496	434,414	434,243	422,892	421,016	432,447	439,256	441,649	458,690	450,916	332,704	321,880	305,971	305,374	309,612	294,114	292,046	286,575	278,306	289,821	288,100	304,416	302,847	295,625	287,093	280,250	276,144	277,219	270,731	260,274