National security group, inc. (NSEC)
Balance Sheet / Quarterly
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 [Abstract]
Debt Securities, Held-to-maturity

1,249

1,290

1,349

1,388

1,429

1,449

1,482

1,523

1,573

1,616

1,684

1,741

1,802

1,890

2,072

2,236

2,370

2,439

2,544

2,649

2,767

3,108

1,021

728

772

812

878

1,137

1,314

1,502

1,749

2,336

2,906

3,303

3,506

3,673

4,959

Debt Securities, Available-for-sale

102,530

100,260

102,036

102,744

99,125

95,125

98,219

97,036

95,825

95,758

92,823

92,649

92,697

92,792

100,454

99,044

95,319

91,812

88,529

86,648

89,901

86,886

87,207

85,092

81,322

79,434

77,602

76,360

79,759

76,294

76,793

72,446

73,994

73,074

72,121

73,221

78,468

Equity securities, at estimated fair value (cost: 2020 - $2,127; 2019 - $2,127)

4,704

5,303

4,385

4,465

4,439

4,306

4,566

4,140

4,303

4,509

4,790

4,699

4,995

4,943

5,204

5,273

5,057

4,897

4,654

4,839

4,964

4,995

4,762

4,888

4,490

4,374

4,375

4,275

5,829

5,132

5,260

7,875

8,971

8,547

7,791

8,767

9,047

Trading securities

125

149

142

141

136

107

107

107

107

107

107

107

107

107

107

107

107

107

107

107

19

19

19

19

19

19

19

19

40

40

40

40

20

80

776

860

705

Receivable for securities sold

2

56

41

-

-

0

-

-

-

-

0

0

0

499

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

516

-

-

-

-

-

-

Mortgage loans on real estate, at cost

147

147

148

151

154

156

158

160

161

162

163

164

165

174

174

188

190

202

204

206

208

210

227

229

331

333

378

379

381

383

384

386

388

390

391

393

935

Investment real estate, at book value

2,934

2,934

2,934

2,934

2,934

2,945

2,945

2,945

3,221

3,221

3,221

3,221

3,221

3,221

3,291

3,291

3,291

3,291

3,291

3,534

3,735

3,735

4,288

4,288

4,217

4,218

4,218

5,550

5,550

5,757

5,773

5,774

5,757

5,745

5,708

5,643

5,010

Policy loans

1,912

1,895

1,854

1,876

1,850

1,854

1,837

1,851

1,842

1,810

1,768

1,747

1,730

1,708

1,708

1,689

1,676

1,655

1,616

1,570

1,556

1,530

1,523

1,480

1,452

1,443

1,417

1,359

1,324

1,317

1,268

1,241

1,223

1,244

1,201

1,185

1,123

Company owned life insurance

4,405

4,655

4,617

4,631

4,550

4,600

4,841

4,838

4,835

4,974

4,959

4,920

4,906

4,864

4,978

4,951

4,932

4,898

4,909

5,065

5,161

5,513

5,494

5,996

5,888

5,858

5,831

5,783

5,981

5,931

5,944

5,831

5,777

5,660

5,536

5,652

5,520

Other invested assets

2,240

2,280

2,286

2,217

2,073

2,148

2,235

2,346

2,451

2,574

2,688

2,790

2,877

2,958

3,027

3,105

3,185

3,256

3,303

3,366

3,484

3,553

3,509

3,478

3,459

3,559

3,602

3,650

3,707

3,777

3,807

3,848

3,886

3,929

3,934

3,871

3,915

Investments

120,248

118,969

119,792

120,547

116,690

112,690

116,390

114,946

114,318

114,731

112,203

112,038

112,500

113,156

121,015

119,884

116,127

112,557

109,157

107,984

111,795

109,549

108,050

106,198

101,950

100,050

98,320

98,512

103,885

100,133

101,534

99,777

102,922

101,972

100,964

103,265

109,682

Cash and cash equivalents

5,869

11,809

9,085

5,627

7,418

5,676

5,154

4,543

5,586

6,644

9,770

8,005

8,123

7,368

5,525

4,063

4,163

6,763

10,644

8,378

7,108

6,426

8,575

6,179

6,739

4,987

5,596

3,841

2,725

6,779

4,899

6,345

2,243

3,393

3,602

965

1,572

Accrued investment income

756

706

776

757

787

774

864

808

826

768

815

733

802

776

870

803

848

797

774

801

842

797

836

802

836

817

830

812

868

788

818

776

835

706

753

714

823

Policy receivables and agents' balances, net

12,431

12,028

12,907

13,145

12,151

11,185

12,655

12,870

11,985

11,653

12,880

13,032

11,982

11,434

12,552

12,786

11,776

11,296

12,351

12,430

11,285

10,948

11,983

12,176

11,081

10,276

11,114

11,290

9,926

9,006

9,844

10,109

8,669

9,302

10,168

10,837

9,531

Reinsurance Recoverables, Including Reinsurance Premium Paid

276

276

316

326

1,396

1,772

212

278

771

366

503

506

1,004

1,780

527

544

1,446

1,660

1,454

1,410

1,510

939

814

789

1,278

1,501

1,348

1,533

1,564

1,541

1,752

1,960

2,670

2,778

2,599

3,531

1,699

Deferred policy acquisition costs

7,525

7,666

7,915

7,895

7,749

7,834

8,085

8,140

8,031

8,124

8,448

8,518

8,341

8,351

8,713

8,690

8,542

8,485

8,667

8,712

8,586

8,592

8,900

8,960

8,734

8,776

9,042

9,044

8,969

9,097

9,607

9,703

9,533

9,558

10,066

10,216

10,189

Property, Plant and Equipment, Net

1,625

1,630

1,612

1,590

1,619

1,649

1,671

1,712

1,743

1,781

1,810

1,852

1,850

1,880

1,910

1,950

2,004

1,946

1,994

2,012

2,035

2,013

1,996

1,991

1,990

2,077

2,161

2,258

2,326

2,392

2,519

2,482

2,527

2,528

2,227

2,295

2,437

Deferred income tax asset, net

676

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income tax recoverable

-

-

802

993

845

1,463

476

711

926

393

1,451

1,839

1,266

941

-

-

-

0

-

-

-

-

0

0

0

6

-

-

-

0

0

1,496

1,640

1,669

2,051

2,477

0

Deferred Tax Assets, Net

-

-

0

0

340

716

1,457

1,405

1,123

1,487

2,613

2,145

2,263

2,402

2,311

2,545

3,141

3,824

3,545

3,782

3,055

3,189

3,624

3,609

3,945

4,654

5,405

6,465

5,450

4,997

5,538

4,282

-269

0

-275

-1,132

-1,043

Other assets

1,080

850

907

978

844

472

756

886

765

491

822

934

811

491

742

756

565

513

913

984

800

2,412

928

2,563

925

836

1,113

1,161

1,059

983

1,131

1,200

1,067

1,045

1,140

1,246

934

Assets

150,486

153,934

154,112

151,858

149,839

144,231

147,720

146,299

146,074

146,438

151,315

149,602

148,942

148,579

154,165

152,021

148,612

147,841

149,499

146,493

147,016

144,865

145,706

143,267

137,478

133,980

134,929

134,916

136,772

135,716

137,642

138,130

132,106

132,951

133,570

135,546

136,867

LIABILITIES AND SHAREHOLDERS' EQUITY
Property and casualty benefit and loss reserves

6,465

7,199

6,957

7,020

7,963

8,208

7,644

6,847

6,927

7,075

8,897

7,603

7,812

7,531

7,433

7,007

8,244

9,645

8,537

8,882

8,876

8,321

8,868

9,328

9,419

8,734

9,248

9,738

11,396

11,214

12,801

12,369

13,255

14,386

13,814

14,596

13,184

Accident and health benefit and loss reserves

3,950

4,046

3,931

3,772

3,771

3,803

3,776

3,583

3,603

3,595

3,480

3,385

3,374

3,405

3,297

3,161

3,173

3,197

3,151

3,021

2,991

3,017

2,843

2,694

2,577

2,651

2,545

2,361

2,353

2,341

2,233

2,172

2,131

2,122

2,007

1,948

1,881

Life and annuity benefit and loss reserves

34,352

34,269

34,106

33,990

33,807

33,671

33,618

33,538

33,329

33,283

33,110

32,945

32,765

32,633

32,548

32,281

32,016

31,962

31,686

31,528

31,482

31,418

31,297

31,163

30,847

30,696

30,300

30,044

30,026

30,041

29,895

29,813

29,638

29,605

29,472

29,406

28,897

Unearned premiums

31,325

30,555

32,695

32,283

30,749

29,999

32,133

32,080

30,773

30,112

32,594

32,474

30,933

29,968

32,307

32,241

30,543

29,852

31,880

31,335

29,564

28,853

31,082

30,512

28,424

27,301

28,946

28,187

26,149

25,777

27,481

26,906

24,798

25,729

27,904

27,937

26,433

Policy and contract claims

1,132

1,053

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Policy and contract claims

-

-

956

887

872

792

826

942

913

903

923

833

914

1,008

-

-

-

826

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Policy and contract claims

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,044

970

856

-

1,261

768

1,113

996

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Policy and contract claims

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

957

896

833

842

654

716

711

995

712

686

676

652

620

620

611

Other policyholder funds

1,335

1,350

1,493

1,480

1,473

1,515

1,494

1,708

1,705

1,706

1,683

1,669

1,651

1,629

1,614

1,589

1,584

1,561

1,545

1,532

1,525

1,510

1,485

1,483

1,466

1,447

1,439

1,422

1,412

1,417

1,436

1,429

1,424

1,408

1,396

1,379

1,351

Short-term notes payable and current portion of long-term debt

500

500

2,200

2,200

2,200

2,200

800

800

800

1,300

1,300

1,300

1,300

1,800

857

857

857

857

857

-

-

857

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Short-term notes payable and current portion of long-term debt

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

857

1,557

-

1,166

1,166

1,166

1,866

1,167

1,367

1,292

1,292

125

625

700

485

485

175

500

Litigation settlement

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

13,000

-

-

-

-

-

Long-term debt

13,667

13,664

12,161

12,158

12,155

12,152

14,348

14,345

14,342

14,339

15,335

15,332

15,329

15,326

16,409

17,106

17,102

17,100

17,515

17,515

17,515

18,715

20,539

21,164

21,164

20,889

21,705

25,639

25,639

25,339

24,906

12,372

12,372

12,372

12,372

12,372

12,372

Accrued income taxes

173

226

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred income tax liability

0

96

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accrued income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

58

71

172

101

53

153

492

487

566

52

32

0

654

416

328

296

352

-

-

0

0

0

127

Deferred Tax Liabilities, Net

-

-

186

53

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

86

-

-

-

Other liabilities

7,629

7,515

7,288

6,962

6,907

6,025

6,241

6,059

6,956

6,500

6,877

6,544

6,840

7,227

8,401

7,561

7,298

7,857

8,104

7,273

7,688

7,934

7,139

6,441

6,157

6,082

5,973

5,745

7,132

6,777

8,138

8,095

8,182

8,091

7,226

6,731

6,758

Total Liabilities

100,528

100,473

101,973

100,805

99,897

98,365

100,880

99,902

99,348

98,813

104,199

102,085

100,918

100,527

103,968

102,844

101,845

102,958

104,589

102,864

102,803

102,108

105,942

104,899

102,085

100,508

102,631

105,635

106,438

105,489

108,079

107,467

93,445

94,936

95,571

96,296

93,157

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

Equity [Abstract]
Common stock

2,532

2,532

2,532

2,532

2,527

2,527

2,527

2,527

2,522

2,522

2,522

2,522

2,517

2,517

2,517

2,517

2,512

2,512

2,512

2,512

2,508

2,508

2,508

2,508

2,495

2,495

2,494

2,494

2,467

2,467

2,467

2,467

2,467

2,467

2,467

2,467

2,467

Additional paid-in capital

5,602

5,602

5,602

5,602

5,554

5,554

5,554

5,554

5,483

5,483

5,483

5,483

5,412

5,412

5,412

5,412

5,341

5,341

5,341

5,341

5,267

5,267

5,267

5,267

5,147

5,147

5,147

5,147

4,951

4,951

4,951

4,951

4,951

4,951

4,951

4,951

4,951

Accumulated Other Comprehensive Income (Loss), Net of Tax

-42

2,443

2,743

1,961

189

-1,570

-1,778

-1,441

-705

2,646

2,245

1,963

1,421

1,007

2,935

2,732

1,581

525

1,601

1,836

3,020

2,772

2,590

2,915

1,933

936

1,464

1,723

3,903

3,325

3,330

3,557

4,002

3,640

3,021

3,252

3,022

Retained earnings

41,879

42,891

41,262

40,958

41,672

39,355

40,537

39,757

39,426

36,974

36,866

37,549

38,674

39,116

39,333

38,516

37,333

36,505

35,456

33,940

33,418

32,210

29,399

27,678

25,818

24,894

23,193

19,917

19,013

19,484

18,815

19,688

27,241

26,957

27,560

28,580

33,270

Treasury stock, at cost

13

7

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total Shareholders' Equity

49,958

53,461

52,139

51,053

49,942

45,866

46,840

46,397

46,726

47,625

47,116

47,517

48,024

48,052

50,197

49,177

46,767

44,883

44,910

43,629

44,213

42,757

39,764

38,368

35,393

33,472

32,298

-

-

30,227

-

-

-

-

-

-

-

Total Shareholders' Equity

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

29,281

30,334

-

29,563

30,663

38,661

38,015

37,999

39,250

43,710

Total Liabilities and Shareholders' Equity

150,486

153,934

154,112

151,858

149,839

144,231

147,720

146,299

146,074

146,438

151,315

149,602

148,942

148,579

154,165

152,021

148,612

147,841

149,499

146,493

147,016

144,865

145,706

143,267

137,478

133,980

134,929

134,916

136,772

135,716

137,642

138,130

132,106

132,951

133,570

135,546

136,867