NATIONAL WESTERN LIFE GROUP, INC. NWLI Balance Sheet

National western life group, inc. (NWLI)

Balance Sheet / 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	Dec'14
ASSETS
Investments:
Debt securities held to maturity, at amortized cost, net of allowance for credit losses ($6,039 and $0; fair value: $7,181,687 and $7,407,703)
6,990	7,106	7,224	7,342	7,428	7,285	7,281	7,315	7,280	7,247	7,264	7,230	7,277	7,159	7,106	7,177	7,195	7,173	7,190	6,841
Debt Securities, Available-for-sale
3,174	3,356	3,409	3,375	3,334	2,946	2,965	2,980	3,084	3,041	3,045	3,042	3,040	3,060	3,106	3,030	2,924	2,879	2,859	2,728
Mortgage loans, net of allowance for credit losses ($1,885 and $675)
276	272	224	214	205	203	200	196	204	208	188	183	163	174	146	130	110	108	88	149
Policy loans
78	80	80	80	81	54	54	55	55	56	57	57	57	58	59	60	60	61	61	63
Derivatives, index options
24	157	106	89	71	14	136	102	116	194	163	149	149	120	90	63	42	38	25	114
Equity securities
15	23	19	19	19	17	19	18	18	18	-	-	-	-	-	-	-	-	-	-
Other long-term investments
66	62	62	62	68	56	54	49	51	51	48	53	53	53	51	48	47	26	27	28
Short-term investments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	14	69	-	-	-	-
Total investments
10,624	11,058	11,126	11,183	11,208	10,578	10,713	10,719	10,811	10,817	10,769	10,717	10,742	10,627	10,576	10,579	10,380	10,289	10,253	9,926
Cash and cash equivalents
352	253	171	140	91	131	155	126	82	217	170	109	87	51	177	93	141	106	86	277
Deferred policy acquisition costs
782	723	736	752	793	841	842	848	840	819	813	808	821	835	795	794	816	853	835	802
Deferred sales inducements
114	104	108	114	123	133	137	138	138	135	134	140	144	147	138	141	150	159	156	159
Value of business acquired
135	138	139	141	145	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accrued investment income
95	93	98	98	105	96	101	98	99	96	103	98	101	99	101	98	102	99	100	96
Federal income tax receivable
13	0	11	9	0	17	0	13	10	0	7	14	0	-	0	0	2	12	19	0
Other assets
165	181	166	171	179	131	142	140	142	137	139	133	134	134	91	93	90	92	94	89
Total assets
12,284	12,553	12,559	12,612	12,648	11,931	12,091	12,085	12,126	12,225	12,138	12,021	12,032	11,894	11,880	11,801	11,683	11,612	11,546	11,351
LIABILITIES AND STOCKHOLDERS’ EQUITY
LIABILITIES:
Future policy benefits:
Universal life and annuity contracts (Note 1)
9,125	9,303	9,329	9,420	9,524	9,608	9,799	9,818	9,855	9,962	9,856	9,781	9,774	9,722	9,661	9,622	9,565	9,561	9,504	9,384
Traditional life reserves
842	838	832	827	828	135	135	135	136	135	135	135	136	136	136	136	137	138	137	138
Other policyholder liabilities
134	127	129	141	148	135	129	133	137	128	137	146	152	143	150	149	154	155	146	139
Deferred Income Tax Liabilities, Net
30	36	47	47	41	39	18	24	29	25	56	57	56	64	84	83	70	49	51	31
Federal income tax payable
0	3	-	-	1	0	2	0	0	2	0	0	18	0	9	9	-	0	0	3
Other liabilities
120	126	127	120	121	111	123	126	139	138	150	119	145	104	103	98	102	96	105	98
Total liabilities
10,253	10,437	10,467	10,557	10,665	10,030	10,208	10,238	10,298	10,392	10,335	10,240	10,283	10,173	10,145	10,100	10,030	10,000	9,945	9,795
COMMITMENTS AND CONTINGENCIES (Note 8)
-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	0	0	0	0
STOCKHOLDERS’ EQUITY:
Common stock:
Additional paid-in capital
41	41	41	41	41	41	41	41	41	41	41	41	41	41	41	41	41	41	38	38
Accumulated other comprehensive income (loss)
-20	60	59	43	4	-37	-34	-34	-20	14	20	20	14	10	46	45	24	0	19	41
Retained Earnings (Accumulated Deficit)
2,009	2,014	1,989	1,969	1,936	1,896	1,875	1,839	1,807	1,776	1,740	1,718	1,693	1,669	1,647	1,613	1,587	1,569	1,539	1,472
Total stockholders’ equity
2,030	2,116	2,091	2,055	1,982	1,900	1,883	1,846	1,828	1,832	1,802	1,780	1,749	1,721	1,735	1,700	1,653	1,611	1,600	1,556
Total liabilities and stockholders' equity
12,284	12,553	12,559	12,612	12,648	11,931	12,091	12,085	12,126	12,225	12,138	12,021	12,032	11,894	11,880	11,801	11,683	11,612	11,546	11,351
Class A
Common stock, value outstanding
0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-
Class B
Common stock, value outstanding
0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-