Security national financial corporation (SNFCA)
Balance Sheet / Yearly
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:
Available-for-sale Securities

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Fixed maturity securities, available for sale, at estimated fair value

329,145

355,977

239,749

222,824

231,378

232,078

230,386

218,409

231,474

228,397

230,811

193,208

186,445

184,979

185,679

144,060

147,445

145,558

133,357

132,401

133,271

135,018

135,540

138,917

141,891

143,466

144,709

142,895

136,877

129,449

131,017

131,592

130,671

127,579

134,985

136,086

98,048

Equity securities at estimated fair value

8,235

7,271

8,109

7,601

6,927

5,558

5,988

6,078

5,889

6,037

5,957

6,499

10,735

9,911

10,145

9,103

8,941

8,431

7,208

7,025

6,383

6,752

6,725

7,442

6,019

4,498

5,129

5,090

4,956

5,405

5,404

5,882

5,723

6,299

5,907

6,746

6,784

Mortgage loans held for investment (net of allowances for loan losses of $2,089,670 and $1,453,037 for 2020 and 2019)

250,404

236,694

196,508

188,322

196,344

186,465

181,381

193,068

204,989

204,210

147,300

134,999

134,123

148,990

129,873

131,382

133,393

112,546

111,683

110,747

125,894

120,050

122,765

127,408

116,077

102,781

90,971

80,538

80,033

84,462

83,868

97,975

107,515

115,155

112,172

106,157

96,154

Real estate held for investment (net of accumulated depreciation of $12,858,882 and $12,788,739 for 2020 and 2019)

102,916

102,756

117,055

119,469

121,282

121,558

119,076

124,578

105,063

141,298

150,568

151,355

151,417

145,165

131,881

116,234

116,700

114,852

112,661

114,724

113,025

111,411

105,643

101,388

100,209

99,760

99,596

88,536

65,314

64,254

3,596

4,272

3,715

3,786

3,871

3,883

3,996

Other real estate owned held for investment, net of accumulated depreciation of $2,941,713 and $1,810,238 for 2012 and 2011

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

59,562

56,127

54,707

46,398

46,226

45,953

44,422

Real estate held for sale

11,724

14,097

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

5,998

5,998

-

5,793

-

-

-

Other investments and policy loans (net of allowances for doubtful accounts of $1,489,113 and $1,448,026 for 2020 and 2019)

58,487

60,245

46,448

47,610

50,649

46,617

44,038

44,793

45,550

45,895

42,489

40,987

41,773

41,599

39,981

37,487

39,279

39,582

34,461

35,487

39,184

34,125

33,216

33,196

22,400

19,724

19,548

19,207

20,006

20,188

18,443

-

-

18,463

-

-

-

Other real estate owned held for sale

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

5,998

-

5,793

5,597

5,086

Policy and other loans, net of allowances for doubtful accounts of $461,775 and $427,136 for 2012 and 2011

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

17,818

17,866

-

16,718

16,989

17,044

Short-term investments

-

-

-

-

-

-

-

-

-

-

17,830

23,448

28,346

27,560

28,467

20,775

17,809

16,915

19,980

21,326

20,620

27,059

25,024

20,268

16,818

12,135

18,457

17,626

20,649

40,925

8,248

5,562

-

6,932

-

-

-

Short-term investments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

5,213

-

4,040

4,268

2,618

Accrued investment income

5,757

4,833

4,046

3,894

3,712

3,566

3,751

3,968

3,886

3,644

3,391

3,300

3,008

2,972

2,951

2,425

2,559

2,553

2,496

2,360

2,677

2,483

2,665

2,582

2,643

2,485

2,633

2,515

2,559

2,393

2,501

2,282

2,419

2,323

2,526

2,377

1,726

Total investments

766,671

781,876

611,918

589,722

610,295

595,844

584,624

590,898

596,853

629,484

598,350

553,799

555,850

561,179

528,981

461,469

466,129

440,440

421,849

424,073

441,057

436,900

431,581

431,203

406,060

384,852

381,045

356,409

330,396

347,078

318,641

327,512

333,831

332,731

332,242

328,060

275,882

Cash and cash equivalents

103,769

127,754

123,178

127,828

130,133

142,199

137,106

-

-

45,315

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

23,002

37,779

-

Cash and cash equivalents

-

-

-

-

-

-

-

118,705

101,728

-

38,593

82,258

85,069

38,987

50,910

36,799

46,703

40,053

71,895

48,275

40,744

30,855

32,550

31,206

44,829

38,203

35,537

49,729

58,495

33,494

57,172

45,476

34,672

17,083

-

-

39,556

Loans held for sale at estimated fair value

281,052

213,457

233,713

187,938

123,374

136,210

165,507

170,538

124,866

133,414

201,895

172,772

-

189,139

-

-

-

211,453

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Mortgage loans sold to investors

-

-

-

-

-

-

-

-

-

-

-

-

151,891

-

92,599

101,822

85,906

-

102,235

105,222

75,008

67,534

64,440

52,550

59,037

77,179

75,949

80,367

96,757

94,597

75,798

72,674

60,915

77,339

58,952

36,884

63,226

Receivables (net of allowances for doubtful accounts of $1,710,087 and $1,724,156 for 2020 and 2019)

10,089

9,236

8,611

18,729

8,990

8,935

8,898

19,524

9,398

10,443

8,613

5,919

6,302

8,410

18,899

19,701

16,728

6,060

17,332

20,725

18,234

14,544

15,489

15,309

12,156

11,652

12,560

11,952

13,493

16,559

14,692

12,431

10,234

9,911

9,566

7,949

7,827

Restricted assets (including $2,716,047 and $2,985,347 for 2020 and 2019 at estimated fair value)

19,605

13,935

13,555

12,329

12,087

10,981

12,226

11,354

11,146

11,830

10,815

10,152

10,230

10,391

9,823

9,741

8,114

9,359

10,330

10,034

9,825

9,347

9,524

6,910

6,590

6,670

15,488

16,793

4,041

9,366

3,935

3,697

3,661

3,392

3,247

3,224

3,066

Cemetery perpetual care trust investments (including $2,344,229 and $2,581,124 for 2020 and 2019 at estimated fair value)

4,150

4,411

4,188

4,107

4,080

4,335

4,058

3,973

3,806

4,623

4,438

4,322

4,211

4,131

3,981

2,272

2,938

2,848

2,776

2,758

2,682

2,645

2,570

2,549

2,464

2,414

2,286

2,250

2,177

2,090

2,049

1,965

1,890

1,810

1,679

1,647

1,454

Receivable from reinsurers

15,517

15,747

10,819

10,828

10,852

10,820

10,717

-

-

13,394

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Receivable from reinsurers

-

-

-

-

-

-

-

13,256

13,263

-

13,394

13,280

13,227

13,079

13,095

13,211

13,387

13,400

13,454

13,300

12,125

12,036

7,609

7,547

7,489

12,033

14,336

14,275

14,642

14,529

14,401

14,351

6,855

7,678

6,226

6,173

4,476

Cemetery land and improvements

9,260

9,519

9,777

9,821

9,873

9,878

9,885

9,906

9,920

9,942

10,581

10,561

10,641

10,672

10,695

10,716

10,748

10,780

10,819

10,812

10,834

10,848

10,836

10,844

10,812

10,631

10,593

11,055

11,072

11,079

11,086

11,096

11,095

11,105

11,045

11,057

11,096

Deferred plicy and pre-need contract acquisition costs

95,942

94,701

93,596

92,510

90,734

89,362

87,899

85,701

82,496

80,625

78,049

75,286

71,643

69,118

66,145

63,775

61,116

59,004

56,978

54,415

51,844

50,307

49,633

48,792

47,087

45,737

44,046

42,458

40,776

39,913

37,271

37,025

36,594

38,001

36,020

35,839

35,767

Mortgage servicing rights, net

16,777

17,155

16,951

17,504

19,049

20,016

20,875

21,117

21,554

21,376

20,396

20,096

19,432

18,872

17,432

15,416

13,688

12,679

11,574

9,988

8,562

-

6,905

6,131

5,153

-

4,336

4,038

3,452

-

-

-

-

-

-

-

-

Mortgage servicing rights

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

7,834

-

-

-

4,844

-

-

-

2,797

-

-

-

-

-

-

-

Property and equipment, net

13,111

14,600

9,363

9,211

9,347

7,010

7,206

7,307

7,713

8,069

7,560

7,965

8,478

8,791

7,191

16,024

12,020

11,441

10,256

11,931

11,116

11,307

11,770

11,985

11,300

11,523

11,157

11,848

11,470

11,033

10,271

9,830

9,594

9,300

9,365

9,664

11,111

Value of business acquired

9,821

9,876

5,227

5,396

5,626

5,765

5,963

6,159

6,389

6,588

6,831

7,079

7,375

7,570

7,849

8,119

8,410

8,743

9,041

9,401

8,362

8,547

8,923

8,602

9,019

8,680

8,904

9,179

9,465

9,829

10,251

10,524

10,748

10,996

9,984

10,228

9,017

Goodwill

3,519

3,519

3,519

3,519

3,516

2,765

2,765

2,765

2,765

2,765

2,765

2,765

2,765

2,765

2,765

2,765

2,765

2,765

2,765

2,765

2,765

2,765

3,050

3,088

677

677

677

677

677

677

677

677

677

677

677

677

1,075

Other

26,872

18,649

18,228

17,014

17,810

6,684

6,514

6,538

6,069

4,297

5,616

10,254

12,397

9,310

7,205

7,838

8,689

11,439

8,084

8,866

8,614

5,594

5,626

6,234

4,061

3,655

4,490

6,000

4,252

4,169

4,513

6,346

4,037

3,022

4,073

2,583

2,077

Total Assets

1,376,160

1,334,444

1,162,649

1,106,462

1,055,771

1,050,811

1,064,249

1,067,749

997,972

982,173

1,007,904

976,514

959,517

952,421

837,578

769,674

757,349

840,473

749,395

732,572

701,778

671,069

660,512

642,957

626,740

618,757

621,409

617,035

601,171

597,216

560,760

553,610

524,809

523,050

506,083

491,771

465,634

Liabilities and Stockholders' Equity
Liabilities
Future policy benefits and unpaid claims

831,659

825,600

631,759

626,987

623,507

620,399

616,421

610,717

605,543

604,746

600,643

592,762

588,248

584,067

581,159

523,194

519,840

515,789

514,497

511,010

495,457

476,727

475,063

463,833

460,053

452,130

448,437

444,363

440,717

438,003

400,594

396,253

385,101

383,507

375,707

371,428

344,972

Unearned premium reserve

3,568

3,621

3,707

3,778

3,859

3,920

3,989

4,058

4,123

4,222

4,290

4,340

4,405

4,469

4,535

4,603

4,672

4,737

4,794

4,835

4,895

4,961

5,022

5,080

5,133

5,173

5,222

5,281

5,323

5,383

4,889

4,942

4,995

5,030

5,078

5,128

5,213

Bank and other loans payable

253,965

217,572

261,034

216,352

175,090

187,521

196,422

208,777

151,451

157,450

182,769

163,582

153,594

152,140

43,697

42,597

41,253

131,005

39,535

33,385

29,437

29,020

22,141

17,133

17,724

18,289

16,325

10,886

11,491

11,910

22,687

27,836

20,214

25,019

17,002

9,313

7,065

Notes and contracts payable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

91

-

Deferred pre-need cemetery and mortuary contract revenues

12,689

12,607

12,901

12,730

12,650

12,508

12,442

12,337

12,150

12,873

12,716

12,477

12,350

12,360

12,319

12,485

12,664

12,816

12,919

13,036

13,129

13,242

13,110

13,050

13,106

13,176

13,283

13,338

13,358

13,412

13,396

13,280

13,165

13,140

12,986

12,940

13,192

Cemetery Perpetual Care Trust Obligation

3,955

3,933

3,907

3,886

3,851

3,821

3,793

-

-

3,710

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cemetery perpetual care obligation

-

-

-

-

-

-

-

3,761

3,729

-

3,679

3,662

3,624

3,598

3,575

3,477

3,477

3,465

3,466

3,452

3,421

-

3,363

3,332

3,309

-

3,242

3,206

3,162

-

3,091

3,065

3,014

2,983

2,926

2,909

2,853

Cemetery perpetual care obligation

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3,406

-

-

-

3,266

-

-

-

3,153

-

-

-

-

-

-

-

Accounts payable

4,345

5,056

4,670

4,024

3,407

2,883

3,243

4,354

3,411

3,613

3,279

3,338

3,113

4,213

4,212

2,942

2,830

3,502

3,788

4,440

5,086

1,789

2,439

3,151

2,295

2,850

1,618

2,117

-

-

-

-

2,925

-

2,518

2,338

2,472

Accounts payable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,466

2,026

2,939

2,717

-

2,672

-

-

-

Other liabilities and accrued expenses

59,882

50,652

48,035

44,324

42,713

31,821

33,352

31,786

30,063

29,655

33,448

31,068

34,128

34,693

34,703

31,955

31,265

31,027

36,583

32,711

27,381

24,408

25,981

26,059

20,432

20,167

29,894

33,173

25,621

25,591

23,628

19,086

15,339

14,456

14,758

13,145

14,579

Income Taxes

16,382

18,686

15,561

16,808

16,641

16,122

22,552

22,370

21,593

17,332

27,732

27,657

25,370

24,318

27,789

28,272

26,756

20,412

24,505

24,240

22,395

20,421

19,548

19,309

16,183

15,951

17,263

19,151

17,205

17,923

18,784

17,749

16,078

15,010

14,606

14,499

15,356

Total liabilities

1,186,448

1,137,733

981,576

928,894

881,722

878,999

892,218

898,163

832,067

833,605

868,560

838,889

824,836

819,862

711,992

649,529

642,759

722,756

640,090

627,112

601,205

573,978

566,670

550,950

538,237

531,006

535,287

531,518

519,347

517,404

490,012

484,931

460,834

461,819

445,585

431,794

405,706

Stockholders' Equity
Preferred Stock - non-voting - $1.00 par value; 5,000,000 shares authorized; none issued or outstanding

0

0

0

0

0

0

0

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Commitments and Contingencies

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

0

-

-

-

0

-

-

-

0

-

-

-

Additional paid-in capital

-

-

-

-

-

-

-

38,476

38,255

-

35,490

35,185

35,095

34,813

30,969

30,710

30,489

30,232

26,720

26,440

26,167

25,931

23,675

23,477

23,341

23,215

21,305

21,604

21,304

21,262

19,577

19,483

-

19,487

-

-

-

Additional paid-in capital

46,343

46,091

42,626

42,357

42,190

41,821

38,711

-

-

38,125

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

19,493

-

19,837

19,811

19,689

Accumulated other comprehensive income, net of taxes

4,874

13,726

-1

-1

-2

-2

-0

-1

-

603

336

242

286

264

2,025

2,403

2,651

-499

1,851

3,331

2,730

1,438

1,476

2,141

1,534

1,218

1,312

2,250

1,558

1,934

492

2,594

1,634

654

898

1,280

1,188

Retained earnings

102,677

101,256

104,228

100,611

97,131

95,201

100,293

98,279

95,041

77,520

72,848

71,751

69,265

67,409

64,420

59,128

53,771

60,525

54,705

49,816

45,963

44,101

44,558

42,421

39,797

39,666

41,213

39,947

37,147

35,114

31,791

27,801

24,208

22,546

22,364

21,593

-21,907

Treasury stock at cost - 430,280 Class A shares in 2020 and 490,823 Class A shares in 2019

1,446

1,580

943

425

276

206

297

486

708

931

981

1,204

1,410

1,370

1,545

1,804

2,029

2,179

1,949

2,090

2,224

2,086

2,228

2,381

2,519

2,624

2,728

2,855

2,360

2,380

2,417

2,505

2,666

2,762

2,892

2,999

-3,147

Total stockholders' equity

189,712

196,710

181,072

177,568

174,049

171,811

172,031

-

-

148,567

-

-

134,681

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total stockholders' equity

-

-

-

-

-

-

-

169,585

165,905

-

139,343

137,624

-

132,559

125,585

120,144

114,589

117,716

109,305

105,459

100,572

97,091

93,841

92,007

88,502

87,751

86,121

85,516

81,823

79,812

70,748

68,679

63,975

61,230

60,498

59,976

59,928

Total Liabilities and Stockholders' Equity

1,376,160

1,334,444

1,162,649

1,106,462

1,055,771

1,050,811

1,064,249

1,067,749

997,972

982,173

139,343

976,514

959,517

952,421

837,578

769,674

757,349

840,473

749,395

732,572

701,778

671,069

660,512

642,957

626,740

618,757

621,409

617,035

601,171

597,216

560,760

553,610

524,809

523,050

506,083

491,771

465,634

Common Class A
Common Stock, Value, Issued

32,285

32,215

30,654

30,645

30,625

30,609

-

-

-

29,071

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Common Class B
Common Stock, Value, Issued

0

0

0

0

0

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Common Class C
Common Stock, Value, Issued

4,978

5,001

4,508

4,380

4,380

4,387

-

-

-

4,178

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-