National security group, inc. (NSEC)
CashFlow / 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'11Mar'11
Cash Flows from Operating Activities
Net Income (Loss) Available to Common Stockholders, Basic

-860

1,781

430

-587

2,443

-1,056

907

457

471

669

-557

-999

-316

-104

930

1,296

941

1,150

1,616

623

1,308

2,886

1,797

1,934

999

1,763

3,339

965

-409

731

-627

-7,306

531

-356

-650

-4,945

995

Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:
Depreciation expense and amortization/accretion, net

69

164

58

71

72

94

49

69

100

124

125

119

146

48

101

69

85

64

70

86

79

90

128

128

134

140

165

196

202

192

179

159

127

-

-

-

-

(Increase) decrease in cash surrender value of company owned life insurance

-

-

-

-

-

-

-

-

-

15

39

14

42

-114

27

19

34

-11

-156

-96

44

19

-89

108

30

27

48

-198

50

-13

113

54

117

-

-

-

-

Gain (Loss) on Investments

-990

935

-117

117

2,120

-544

456

-200

-264

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net realized gains (losses) on investments

-

-

-

-

-

-

-

-

-

-

75

77

160

462

287

242

7

-14

130

245

142

-441

141

312

88

85

3,297

1,030

27

16

1,703

865

206

-

-

-

-

Deferred income taxes

112

10

75

78

92

-686

-37

87

-695

-1,143

612

162

74

-902

-129

-3

-139

-275

-358

117

-7

-341

-152

170

-196

-1,023

-1,192

-109

751

-545

1,140

4,323

2

480

656

145

-118

Amortization of deferred policy acquisition costs

1,065

835

805

839

980

1,225

782

787

803

1,119

706

819

945

1,055

758

906

787

788

905

918

899

873

946

873

898

854

894

923

942

924

1,056

915

816

-

-

-

-

Changes in assets and liabilities:
Change in receivable for securities sold

-54

-

-

-

0

-

-

-

-

0

0

0

-499

499

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Change in accrued investment income

50

-70

19

-30

13

-90

56

-18

58

-47

82

-69

26

-94

67

-45

51

23

-27

-41

45

-

34

-34

19

-13

18

-56

80

-30

42

-59

129

-47

39

-112

3

Change in reinsurance recoverable

0

-40

-10

-1,070

-376

1,560

-66

-493

405

-137

-3

-498

-776

1,253

-17

-902

-214

206

44

-100

571

125

25

-489

-223

153

-185

-31

23

-211

-208

-710

-108

179

-932

1,894

-62

Policy acquisition costs deferred

924

586

825

985

895

974

727

896

710

795

636

996

935

693

781

1,054

844

606

860

1,044

893

565

886

1,099

856

588

892

998

814

414

960

1,085

791

3,512

-150

-4

31

Change in accrued income taxes

-53

1,028

191

-148

618

-987

235

215

-533

1,058

388

-573

-325

-999

-13

-101

71

48

-100

-339

5

-79

514

20

38

-660

238

88

32

-56

1,848

144

29

382

426

-2,715

111

Depreciation expense

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

87

94

93

Change in net policy liabilities and claims

-306

-641

927

-204

-281

-47

1,216

560

240

-2,807

1,917

392

698

-966

1,203

-182

-1,137

22

1,062

363

1,075

-1,401

642

1,393

1,066

-631

823

-953

-661

-1,916

1,454

7

-1,383

-246

-237

1,612

583

Change in other assets/liabilities, net

800

-227

-387

145

-617

-193

-497

742

-472

-218

-652

195

520

547

-1,135

-259

695

1,543

-726

318

-1,247

-336

-2,791

1,388

71

-560

-277

973

-386

649

468

542

-197

-1,555

-358

413

1,247

Other, net

1

10

-4

-1

-4

5

-6

1

-6

2

1

-1

-5

-2

1

0

-8

-4

1

0

-8

-29

7

-5

-8

2

-2

-224

-9

-518

528

1

-19

-

-

-

-

Net cash provided by (used in) operating activities

-928

1,948

1,969

-253

1,709

-1,797

2,556

1,073

1,345

974

1,789

-1,118

671

-3,308

3,097

1,882

-523

-2

3,785

164

2,933

-430

5,966

1,799

2,498

2,207

2,860

-1,164

-1,244

113

-13,836

818

-801

486

371

-8,290

681

Cash Flows from Investing Activities
Available-for-sale securities

9,926

6,161

2,273

5,806

4,119

1,880

4,162

4,978

5,601

6,602

3,651

5,143

3,324

3,475

9,079

9,665

4,613

7,785

8,893

6,708

7,582

2,380

5,526

5,912

2,707

7,483

3,934

2,941

6,678

3,945

10,026

6,318

8,877

-

-

-

-

Trading securities and short-term investments

0

11

0

0

26

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

20

20

-

-

-

-

Real estate held for investment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

19

13

-

-

-

-

Property and equipment

25

49

53

0

3

20

1

8

0

11

0

43

8

10

0

-13

97

14

21

34

69

110

91

119

4

8

0

31

36

-8

150

60

101

-

-

-

-

Held-to-maturity securities

45

68

43

43

19

38

42

56

43

75

66

47

92

189

170

139

74

109

110

124

346

181

32

44

39

66

259

176

188

245

587

571

423

-

-

-

-

Available-for-sale securities

5,076

7,462

3,860

4,368

2,282

5,101

2,501

2,757

3,813

3,582

3,693

6,263

3,939

8,650

8,067

7,651

2,666

2,455

7,173

8,412

5,256

2,969

3,045

3,495

2,370

4,796

2,166

5,083

3,236

3,898

10,206

9,470

8,102

-

-

-

-

Trading securities and short-term investments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

83

-

-

-

-

Real estate held for investment

2

0

0

0

11

0

0

188

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

4,640

0

207

87

0

0

0

-

-

-

-

Property and equipment

-

-

-

-

-

-

-

-

-

0

0

0

2

0

0

0

0

-

-

-

-

40

34

216

3

4

1

-30

36

0

3

-60

66

-

-

-

-

Other invested assets, net

17

2,069

-25

23

-2,037

15

-16

8

31

41

20

16

13

0

5

12

17

-1,598

44

12

-383

-2,029

41

26

-34

20

57

1

-4

45

25

-37

-4

-

-

-

-

Cost of investments acquired

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3,458

3,605

8,172

Sale and maturity of investments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

5,779

9,797

10,050

Purchase of property and equipment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-12

-19

-12

Net cash provided by (used in) investing activities

-4,845

1,271

1,602

-1,418

201

3,224

-1,604

-1,993

-1,776

-2,997

88

1,108

688

5,392

-847

-1,874

-1,987

-3,637

-1,432

1,900

-1,666

464

-2,871

-2,302

-265

-2,645

3,075

2,256

-3,043

248

595

3,601

-333

-460

2,309

6,173

1,866

Cash Flows from Financing Activities
Change in other policyholder funds

-15

-143

13

7

-42

21

-214

3

-1

23

14

18

22

15

25

5

23

16

13

7

15

25

2

17

19

8

17

10

-5

-19

7

5

16

12

17

11

17

Proceeds from long-term debt

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,825

-625

0

275

-

-

-

-

-

-

-

-

-

-

-

-

Repayments of long-term debt

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

857

0

0

500

3,958

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Change in long-term debt

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3,334

0

300

-

-

-

-

-

-

-

-

Increase in long-term debt

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-

-

-

Change in short-term notes payable

-

-

-

-

-

-800

0

0

-500

1,000

0

0

-500

943

0

0

0

-

-

-

-

0

0

0

-700

699

-200

75

0

0

-500

-75

215

0

310

175

-500

Dividends paid

152

152

126

127

126

126

127

126

126

126

126

126

126

113

113

113

113

101

100

101

100

75

76

74

75

62

63

61

62

62

246

247

247

247

370

370

370

Net cash used in financing activities

-167

-495

-113

-120

-168

-905

-341

-123

-627

-1,103

-112

-108

-604

-241

-788

-108

-90

-242

-87

-794

-585

-2,183

-699

-57

-481

-171

-4,180

24

233

1,519

11,795

-317

-16

-235

-43

-184

-853

Net change in cash and cash equivalents

-5,940

2,724

3,458

-1,791

1,742

522

611

-1,043

-1,058

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net change in cash and cash equivalents

-

-

-

-

-

-

-

-

-

-3,126

1,765

-118

755

1,843

1,462

-100

-2,600

-3,881

2,266

1,270

682

-2,149

2,396

-560

1,752

-609

1,755

1,116

-4,054

1,880

-1,446

4,102

-1,150

-209

2,637

-2,301

1,694