National Security Group, Inc. NSEC Income Statement

National security group, inc. (NSEC)

Income statement / 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	Mar'11	Sep'10	Jun'10
REVENUES
Net premiums earned
14,955	14,966	15,209	14,990	14,718	15,092	15,445	15,260	15,059	15,325	15,467	15,331	15,040	15,331	15,675	15,227	15,165	14,772	15,104	14,880	14,706	14,355	14,374	14,100	13,824	13,203	13,191	13,038	12,934	12,882	12,904	12,533	13,496	13,712	14,340	13,321	14,870	15,248	15,903
Net Investment Income
964	968	989	957	962	1,009	1,017	995	920	852	939	930	926	867	1,005	1,029	991	910	737	813	1,002	1,021	824	1,030	948	1,005	1,007	689	1,045	850	1,140	1,066	1,135	1,012	936	1,171	1,142	1,175	1,195
Gain (Loss) on Investments
-990	935	-117	117	2,120	-544	456	-200	-264	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net realized investment gains
-	-	-	-	-	-	-	-	-	-	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	-159	-203	261	770	75	689
Gain on company owned life insurance
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	1,621	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other income
145	145	148	146	146	155	148	148	161	149	150	145	152	149	152	150	154	155	154	156	158	156	158	92	154	129	163	145	172	72	258	193	197	191	217	256	255	259	256
Total Revenues
15,074	17,014	16,229	16,210	17,946	15,712	17,066	16,203	15,876	16,248	16,631	16,483	16,278	16,809	17,119	16,648	16,317	15,823	16,125	16,094	16,008	16,726	15,497	17,155	15,014	14,422	17,658	14,902	14,178	13,820	16,005	14,657	15,034	14,756	15,290	15,009	17,037	16,757	18,043
BENEFITS, LOSSES AND EXPENSES
Policyholder Benefits and Claims Incurred, Net
10,583	8,925	9,750	10,900	9,023	11,385	9,825	9,772	9,427	7,958	11,184	12,581	11,146	10,856	10,082	8,862	9,047	8,281	8,170	9,435	8,262	6,691	7,172	9,155	7,864	6,223	7,112	8,260	9,551	6,720	11,564	7,976	7,845	8,976	10,045	15,682	9,322	10,096	11,061
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	-4,874	2,899	3,071	2,924	3,082	2,970
Commissions
2,075	1,412	2,006	1,978	2,033	1,760	2,003	1,732	2,060	1,776	2,096	1,758	2,093	1,581	2,088	2,117	2,108	1,722	2,086	2,089	2,055	1,299	2,166	1,967	2,027	1,835	1,800	1,486	1,982	1,633	1,949	2,018	1,956	-	-	-	-	-	-
General and administrative expenses
1,394	2,724	2,226	2,416	2,332	1,764	2,404	2,668	2,003	2,411	2,398	2,215	1,797	2,683	2,026	2,158	2,129	2,739	1,726	2,119	2,031	3,270	1,719	2,413	2,026	2,361	2,117	2,162	1,803	2,477	1,954	1,835	2,488	1,648	2,205	2,418	2,563	2,792	2,155
Litigation settlement and defense costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-7	76	12,670	589	-	388	482	-	-	-
Taxes, licenses and fees
721	580	604	599	687	592	567	349	649	530	709	517	689	501	529	574	600	445	468	518	655	572	514	521	530	448	438	474	486	464	452	438	492	389	394	622	480	525	480
Interest expense
261	286	293	291	295	318	306	309	302	338	320	326	323	335	339	333	345	374	350	348	320	373	380	382	386	375	434	435	442	389	311	288	292	290	293	285	285	294	307
Total Benefits, Losses and Expenses
16,099	14,762	15,684	17,023	15,350	17,044	15,887	15,617	15,244	14,132	17,413	18,216	16,993	17,011	15,822	14,950	15,016	14,349	13,705	15,427	14,222	13,078	12,897	15,311	13,731	12,096	12,795	13,740	15,206	12,600	17,362	26,140	14,478	15,333	16,224	22,560	15,574	16,789	16,973
Income (Loss) Before Income Taxes
-1,025	2,252	545	-813	2,596	-1,332	1,179	586	632	2,116	-782	-1,733	-715	-202	1,297	1,698	1,301	1,474	2,420	667	1,786	3,648	2,600	1,844	1,283	2,326	4,863	1,162	-1,028	1,220	-1,357	-11,483	556	-577	-934	-7,551	1,463	-32	1,070
INCOME TAX EXPENSE (BENEFIT)
Current
-53	481	190	-148	245	-962	235	216	-534	304	387	-572	-325	-1,000	238	399	221	49	446	161	471	421	651	80	88	-460	332	88	132	-56	410	145	28	259	426	-2,515	350	-146	-14
Deferred Income Tax Expense (Benefit)
-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	-4,322	-3	-480	-710	-91	118	-109	270
Total income tax expense
-165	471	115	-226	153	-276	272	129	161	1,447	-225	-734	-399	-98	367	402	360	324	804	44	478	762	803	-90	284	563	1,524	197	-619	489	-730	-4,177	25	-221	-284	-2,606	468	-255	256
Net Income (Loss)
-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	223	814
INCOME (LOSS) PER COMMON SHARE BASIC AND DILUTED (in dollars per share)
-0.34	0.70	0.17	-0.23	0.97	-0.42	0.36	0.18	0.19	0.26	-0.22	-0.39	-0.13	-0.04	0.37	0.52	0.37	-638.90	640.00	0.25	0.52	1.15	0.72	0.77	0.40	0.71	1.35	0.39	-0.17	0.29	-0.25	-2.96	0.22	-0.15	-0.26	-2.00	0.40	0.09	0.33
DIVIDENDS DECLARED PER SHARE (in dollars per share)
0.06	0.06	0.05	0.05	0.05	0.05	0.05	0.05	0.05	0.05	0.05	0.05	0.05	0.04	0.04	0.04	0.04	0.04	0.04	0.04	0.04	0.03	0.03	0.03	0.03	0.02	0.02	0.02	0.02	0.02	0.10	0.10	0.10	0.10	0.15	0.15	0.15	0.15	0.15