Mercury general corporation (MCY)
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'11Mar'11Dec'10Sep'10Jun'10Dec'09
Assets [Abstract]
Marketable Securities [Abstract]
Debt Securities, Trading

3,299

3,093

3,139

3,157

3,077

2,985

2,952

2,949

2,929

2,892

2,841

2,952

2,914

2,814

2,972

2,939

2,942

2,880

2,886

2,890

2,888

2,618

2,619

2,704

2,633

2,560

2,538

2,482

2,513

2,408

2,468

2,487

2,485

2,445

2,466

2,556

2,519

2,652

2,759

2,698

2,704

Equity Securities, FV-NI

619

724

657

645

616

529

688

614

549

537

519

427

425

357

374

367

335

315

298

315

380

412

496

455

379

281

336

528

539

477

470

446

406

380

321

421

394

359

301

278

286

Short-term Investments

237

494

421

362

367

253

262

270

245

302

366

280

260

375

206

181

155

185

162

153

173

372

291

229

303

315

251

165

152

294

221

179

227

236

248

138

111

143

162

103

156

Total investments

4,157

4,312

4,218

4,165

4,061

3,768

3,904

3,834

3,724

3,732

3,727

3,659

3,600

3,547

3,554

3,487

3,433

3,380

3,348

3,359

3,443

3,403

3,407

3,389

3,316

3,158

3,126

3,176

3,204

3,180

3,160

3,113

3,119

3,062

3,037

3,117

3,025

3,155

3,223

3,081

3,146

Cash

252

294

315

240

270

314

261

243

290

291

284

261

236

220

229

233

235

264

295

274

234

289

279

258

238

266

250

180

185

158

188

160

204

211

209

305

334

181

174

219

185

Receivables:
Premiums

633

606

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Allowance for credit losses on premiums receivable

10

1

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Premiums receivable, net of allowance for credit losses

623

604

629

592

579

555

558

527

509

474

485

469

478

459

474

460

465

436

442

413

417

390

395

384

392

366

372

356

368

345

346

317

309

288

298

287

296

280

290

271

276

Premium notes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

8

-

Accrued investment income

43

40

41

42

43

45

48

45

42

39

42

44

41

41

41

42

40

42

41

43

40

38

38

39

36

36

35

33

33

31

33

32

33

32

33

35

35

36

38

37

37

Other

7

6

5

5

6

6

6

6

6

6

18

18

23

11

22

23

21

21

21

21

21

21

22

21

21

23

18

17

16

17

12

11

11

11

10

11

10

10

11

11

13

Total receivables

674

651

676

640

630

606

612

579

558

520

546

532

543

511

538

525

527

501

504

478

479

449

456

445

450

425

426

407

418

394

391

361

355

332

342

333

342

327

340

328

327

Reinsurance recoverables

70

78

103

126

114

221

53

47

52

56

-

-

-

13

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Reinsurance Recoverables, Allowance

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Reinsurance recoverables, net of allowance for credit losses

70

78

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred policy acquisition costs

234

233

237

227

219

215

216

209

202

198

201

199

199

200

206

203

203

201

205

199

199

197

201

199

201

194

196

189

190

185

186

179

175

171

174

171

170

170

176

173

175

Fixed assets (net of accumulated depreciation $318,274; $312,060)

169

168

168

162

155

153

149

148

145

145

144

155

155

155

155

157

158

157

157

157

156

158

160

157

155

156

154

154

158

161

165

168

172

177

179

185

190

196

197

200

201

Operating lease right-of-use assets

45

44

45

44

41

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Current income taxes

0

7

13

18

27

38

27

51

62

61

-

-

-

0

0

10

11

9

11

7

2

0

-

-

-

0

0

0

0

7

12

21

-

0

0

0

5

25

4

5

27

Deferred income taxes

26

0

0

0

0

13

-

-

-

0

30

34

41

45

13

5

18

23

20

14

0

0

0

0

0

15

26

17

-

0

0

0

0

6

45

22

28

26

18

43

36

Goodwill

42

42

42

42

42

42

42

42

42

42

42

42

42

42

42

42

42

42

42

42

42

42

42

42

42

42

42

42

42

42

42

42

42

42

42

42

42

42

42

42

42

Other intangible assets, net

10

10

11

13

14

15

16

18

19

20

21

22

24

25

27

28

30

31

32

34

35

35

37

38

40

41

43

44

46

47

49

50

52

53

55

56

58

60

61

63

66

Other assets

33

44

39

35

29

45

28

29

34

32

26

31

20

25

33

27

30

16

27

18

22

21

24

31

29

14

74

17

25

11

14

22

14

11

8

11

9

16

20

22

21

Total assets

5,716

5,889

5,873

5,716

5,606

5,433

5,313

5,204

5,132

5,101

5,025

4,938

4,863

4,788

4,801

4,722

4,692

4,628

4,646

4,586

4,618

4,600

4,609

4,562

4,476

4,315

4,340

4,231

4,272

4,189

4,210

4,120

4,136

4,070

4,096

4,246

4,208

4,203

4,260

4,181

4,232

LIABILITIES AND SHAREHOLDERS’ EQUITY
Liabilities
Loss and loss adjustment expense reserves

1,897

1,921

1,855

1,783

1,787

1,829

1,580

1,549

1,530

1,510

1,372

1,326

1,316

1,290

1,244

1,210

1,174

1,146

1,131

1,113

1,105

1,091

1,062

1,053

1,044

1,038

1,010

1,007

1,009

1,036

978

978

954

985

978

980

990

1,034

985

999

1,053

Unearned premiums

1,384

1,355

1,383

1,314

1,273

1,236

1,240

1,190

1,150

1,101

1,119

1,093

1,094

1,074

1,102

1,080

1,078

1,049

1,063

1,026

1,025

999

1,012

993

993

953

967

938

948

920

921

882

865

843

866

847

853

833

856

844

844

Notes payable

372

372

372

371

371

371

371

371

371

371

371

371

371

320

290

290

290

290

290

290

290

290

290

270

270

190

180

140

140

140

140

140

140

140

138

263

265

267

268

269

271

Accounts payable and accrued expenses

150

143

156

147

137

115

138

133

132

108

130

121

124

112

119

115

116

122

139

128

118

130

141

120

112

127

133

116

113

96

100

100

99

94

105

108

98

106

138

128

114

Operating lease liabilities

48

47

48

47

43

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Current income taxes

5

0

-

-

-

-

-

-

-

-

-

-

-

9

2

-

-

0

-

-

-

5

7

24

4

11

26

2

4

0

0

0

5

0

15

15

-

0

-

-

-

Deferred income taxes

0

27

21

15

6

0

7

8

7

22

13

12

8

0

-

-

0

-

0

0

0

-

5

12

2

0

0

0

12

0

17

1

9

0

-

-

-

-

-

-

-

Other liabilities

234

221

233

267

267

263

240

240

256

224

242

250

202

229

226

203

224

199

192

179

208

207

163

163

187

170

182

193

168

153

160

157

163

149

182

184

180

167

159

152

177

Total liabilities

4,093

4,089

4,070

3,948

3,887

3,816

3,578

3,494

3,448

3,339

3,249

3,175

3,118

3,036

2,985

2,900

2,884

2,807

2,817

2,738

2,748

2,724

2,684

2,638

2,614

2,492

2,500

2,397

2,396

2,347

2,317

2,259

2,238

2,212

2,287

2,400

2,387

2,408

2,409

2,395

2,461

Commitments and contingencies

-

-

-

-

-

-

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

-

-

-

Shareholders’ equity:
Common stock without par value or stated value: Authorized 70,000 shares; issued and outstanding 55,358; 55,358

98

98

98

98

98

98

97

97

97

97

97

96

96

95

94

94

93

90

91

90

90

88

83

81

81

81

81

80

79

79

79

79

77

76

75

75

74

74

73

73

72

Additional paid-in capital

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3

3

3

8

6

6

4

3

3

1

0

0

0

-

-

0

0

0

0

0

0

0

0

0

0

0

0

Accumulated other comprehensive loss

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-0

-0

-0

-0

-0

-0

-0

Retained earnings

1,524

1,700

1,703

1,669

1,620

1,519

1,636

1,612

1,586

1,663

1,678

1,666

1,649

1,656

1,717

1,724

1,710

1,721

1,731

1,750

1,775

1,782

1,837

1,840

1,779

1,740

1,758

1,753

1,795

1,763

1,814

1,781

1,820

1,780

1,734

1,770

1,746

1,721

1,777

1,713

1,698

Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest

1,623

1,799

1,802

1,767

1,719

1,617

1,734

1,709

1,684

1,761

1,776

1,763

1,745

1,752

1,815

1,822

1,807

1,820

1,829

1,847

1,869

1,875

1,924

1,923

1,861

1,822

1,840

1,833

1,875

1,842

1,893

1,860

1,898

1,857

1,809

1,845

1,820

1,794

1,851

1,786

1,770

Total liabilities and shareholders’ equity

5,716

5,889

5,873

5,716

5,606

5,433

5,313

5,204

5,132

5,101

5,025

4,938

4,863

4,788

4,801

4,722

4,692

4,628

4,646

4,586

4,618

4,600

4,609

4,562

4,476

4,315

4,340

4,231

4,272

4,189

4,210

4,120

4,136

4,070

4,096

4,246

4,208

4,203

4,260

4,181

4,232