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

764

4,067

1,230

1,707

2,751

779

2,504

1,040

-416

-1,203

-1,976

-489

1,806

3,063

4,317

5,003

4,330

4,697

6,433

6,614

7,925

7,616

6,493

8,035

7,066

5,658

4,626

660

-7,611

-6,671

-7,758

-7,781

-5,420

-4,956

0

0

0

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

362

365

295

286

284

312

342

418

468

514

438

414

364

303

319

288

305

299

325

383

425

480

530

567

635

703

755

769

732

657

0

0

0

-

-

-

-

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

-

-

-

-

-

-

-

-

-

110

-19

-31

-26

-34

69

-114

-229

-219

-189

-122

82

68

76

213

-93

-73

-113

-48

204

271

0

0

0

-

-

-

-

Gain (Loss) on Investments

-55

3,055

1,576

2,149

1,832

-552

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net realized gains (losses) on investments

-

-

-

-

-

-

-

-

-

-

774

986

1,151

998

522

365

368

503

76

87

154

100

626

3,782

4,500

4,439

4,370

2,776

2,611

2,790

0

0

0

-

-

-

-

Deferred income taxes

275

255

-441

-553

-544

-1,331

-1,788

-1,139

-1,064

-295

-54

-795

-960

-1,173

-546

-775

-655

-523

-589

-383

-330

-519

-1,201

-2,241

-2,520

-1,573

-1,095

1,237

5,669

4,920

5,945

5,461

1,283

1,163

0

0

0

Amortization of deferred policy acquisition costs

3,544

3,459

3,849

3,826

3,774

3,597

3,491

3,415

3,447

3,589

3,525

3,577

3,664

3,506

3,239

3,386

3,398

3,510

3,595

3,636

3,591

3,590

3,571

3,519

3,569

3,613

3,683

3,845

3,837

3,711

0

0

0

-

-

-

-

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

0

-

-

-

0

-

-

-

-

-499

0

0

0

499

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Change in accrued investment income

-31

-68

-88

-51

-39

6

49

75

24

-8

-55

-70

-46

-21

96

2

6

0

0

0

0

-

6

-10

-32

29

12

36

33

82

65

62

9

-117

0

0

0

Change in reinsurance recoverable

-1,120

-1,496

104

48

625

1,406

-291

-228

-233

-1,414

-24

-38

-442

120

-927

-866

-64

721

640

621

232

-562

-534

-744

-286

-40

-404

-427

-1,106

-1,237

-847

-1,571

1,033

1,079

0

0

0

Policy acquisition costs deferred

3,320

3,291

3,679

3,581

3,492

3,307

3,128

3,037

3,137

3,362

3,260

3,405

3,463

3,372

3,285

3,364

3,354

3,403

3,362

3,388

3,443

3,406

3,429

3,435

3,334

3,292

3,118

3,186

3,273

3,250

6,348

5,238

4,149

3,389

0

0

0

Change in accrued income taxes

1,018

1,689

-326

-282

81

-1,070

975

1,128

340

548

-1,509

-1,910

-1,438

-1,042

5

-82

-320

-386

-513

101

460

493

-88

-364

-296

-302

302

1,912

1,968

1,965

2,403

981

-1,878

-1,796

0

0

0

Depreciation expense

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

Change in net policy liabilities and claims

-224

-199

395

684

1,448

1,969

-791

-90

-258

200

2,041

1,327

753

-1,082

-94

-235

310

2,522

1,099

679

1,709

1,700

2,470

2,651

305

-1,422

-2,707

-2,076

-1,116

-1,838

-168

-1,859

-254

1,712

0

0

0

Change in other assets/liabilities, net

331

-1,086

-1,052

-1,162

-565

-420

-445

-600

-1,147

-155

610

127

-327

-152

844

1,253

1,830

-112

-1,991

-4,056

-2,986

-1,668

-1,892

622

207

-250

959

1,704

1,273

1,462

-742

-1,568

-1,697

-253

0

0

0

Other, net

6

1

-4

-6

-4

-6

-9

-2

-4

-3

-7

-7

-6

-9

-11

-11

-11

-11

-36

-30

-35

-35

-4

-13

-232

-233

-753

-223

2

-8

0

0

0

-

-

-

-

Net cash provided by (used in) operating activities

2,736

5,373

1,628

2,215

3,541

3,177

5,948

5,181

2,990

2,316

-1,966

-658

2,342

1,148

4,454

5,142

3,424

6,880

6,452

8,633

10,268

9,833

12,470

9,364

6,401

2,659

565

-16,131

-14,149

-13,706

-13,333

874

-8,234

-6,752

0

0

0

Cash Flows from Investing Activities
Available-for-sale securities

24,166

18,359

14,078

15,967

15,139

16,621

21,343

20,832

20,997

18,720

15,593

21,021

25,543

26,832

31,142

30,956

27,999

30,968

25,563

22,196

21,400

16,525

21,628

20,036

17,065

21,036

17,498

23,590

26,967

29,166

0

0

0

-

-

-

-

Trading securities and short-term investments

11

37

26

26

26

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

40

0

0

0

-

-

-

-

Real estate held for investment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

32

0

0

0

-

-

-

-

Property and equipment

127

105

76

24

32

29

20

19

54

62

61

61

5

94

98

119

166

138

234

304

389

324

222

131

43

75

59

209

238

303

0

0

0

-

-

-

-

Held-to-maturity securities

199

173

143

142

155

179

216

240

231

280

394

498

590

572

492

432

417

689

761

683

603

296

181

408

540

689

868

1,196

1,591

1,826

0

0

0

-

-

-

-

Available-for-sale securities

20,766

17,972

15,611

14,252

12,641

14,172

12,653

13,845

17,351

17,477

22,545

26,919

28,307

27,034

20,839

19,945

20,706

23,296

23,810

19,682

14,765

11,879

13,706

12,827

14,415

15,281

14,383

22,423

26,810

31,676

0

0

0

-

-

-

-

Trading securities and short-term investments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

83

0

0

0

-

-

-

-

Real estate held for investment

2

11

11

11

199

188

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

4,847

4,934

294

294

87

0

0

0

-

-

-

-

Property and equipment

-

-

-

-

-

-

-

-

-

2

2

2

2

0

0

0

0

-

-

-

-

293

257

224

-22

11

7

9

-21

9

0

0

0

-

-

-

-

Other invested assets, net

2,084

30

-2,024

-2,015

-2,030

38

64

100

108

90

49

34

30

34

-1,564

-1,525

-1,525

-1,925

-2,356

-2,359

-2,345

-1,996

53

69

44

74

99

67

29

29

0

0

0

-

-

-

-

Cost of investments acquired

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

Sale and maturity of investments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

Purchase of property and equipment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

Net cash provided by (used in) investing activities

-3,390

1,656

3,609

403

-172

-2,149

-8,370

-6,678

-3,577

-1,113

7,276

6,341

3,359

684

-8,345

-8,930

-5,156

-4,835

-734

-2,173

-6,375

-4,974

-8,083

-2,137

2,421

-357

2,536

56

1,401

4,111

3,403

5,117

7,689

9,888

0

0

0

Cash Flows from Financing Activities
Change in other policyholder funds

-138

-165

-1

-228

-232

-191

-189

39

54

77

69

80

67

68

69

57

59

51

60

49

59

63

46

61

54

30

3

-7

-12

9

40

50

56

57

0

0

0

Proceeds from long-term debt

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,475

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Repayments of long-term debt

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,357

4,458

4,458

4,458

3,958

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Change in long-term debt

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

Increase in long-term debt

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-

-

-

Change in short-term notes payable

-

-

-

-

-

-1,300

500

500

500

500

443

443

443

943

0

0

0

-

-

-

-

-700

-1

-201

-126

574

-125

-425

-575

-360

-360

450

700

-15

0

0

0

Dividends paid

557

531

505

506

505

505

505

504

504

504

491

478

465

452

440

427

415

402

376

352

325

300

287

274

261

248

248

431

617

802

987

1,111

1,234

1,357

0

0

0

Net cash used in financing activities

-895

-896

-1,306

-1,534

-1,537

-1,996

-2,194

-1,965

-1,950

-1,927

-1,065

-1,741

-1,741

-1,227

-1,228

-527

-1,213

-1,708

-3,649

-4,261

-3,524

-3,420

-1,408

-4,889

-4,808

-4,094

-2,404

13,571

13,230

12,981

11,227

-611

-478

-1,315

0

0

0

Net change in cash and cash equivalents

-1,549

6,133

3,931

1,084

1,832

-968

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net change in cash and cash equivalents

-

-

-

-

-

-

-

-

-

-724

4,245

3,942

3,960

605

-5,119

-4,315

-2,945

337

2,069

2,199

369

1,439

2,979

2,338

4,014

-1,792

697

-2,504

482

3,386

1,297

5,380

-1,023

1,821

0

0

0