STATE AUTO FINANCIAL CORPORATION STFC Balance Sheet

State auto financial corporation (STFC)

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	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	Dec'10
Assets
Debt Securities, Available-for-sale
2,128	2,127	2,189	2,157	2,136	2,159	2,141	2,178	2,181	2,192	2,178	2,167	2,123	2,109	2,143	2,123	2,055	2,000	1,979	1,959	1,964	1,891	1,867	1,849	1,840	1,830	1,844	1,820	1,895	1,905	1,883	1,911	1,904	1,934	2,041	2,056	1,900
Equity securities
275	395	373	374	363	315	376	362	350	365	354	391	395	382	297	300	318	310	298	297	310	310	297	300	274	265	251	248	248	228	235	204	179	167	182	262	256
Other invested assets
54	69	64	55	53	48	54	54	55	56	53	50	48	45	89	85	85	85	82	89	88	80	83	87	83	80	76	69	68	64	61	57	61	57	65	85	79
Other invested assets, at cost
12	6	6	6	5	5	5	5	5	5	5	5	5	5	5	5	5	5	5	5	5	5	5	5	5	5	5	0	0	0	0	0	0	0	0	0	0
Notes receivable from affiliate
70	70	70	70	70	70	70	70	70	70	70	70	70	70	70	70	70	70	70	70	70	70	70	70	70	70	70	70	70	70	70	70	70	70	70	70	70
Total investments
2,541	2,669	2,703	2,664	2,629	2,598	2,648	2,670	2,662	2,689	2,662	2,684	2,642	2,612	2,605	2,584	2,535	2,471	2,435	2,421	2,438	2,357	2,322	2,312	2,273	2,251	2,247	2,209	2,282	2,268	2,251	2,244	2,216	2,229	2,359	2,474	2,307
Cash and Cash Equivalents, at Carrying Value
126	78	38	44	72	59	49	40	60	91	111	48	44	51	69	53	47	58	50	50	68	86	82	71	78	80	54	68	64	59	64	55	63	356	186	93	88
Accrued investment income and other assets
33	31	34	30	36	32	39	39	40	36	38	39	46	40	39	36	39	35	38	35	36	33	33	33	35	33	35	34	34	31	30	40	30	30	31	26	38
Deferred Policy Acquisition Cost
113	111	114	109	104	101	104	104	105	110	122	125	124	129	133	131	127	129	134	133	127	126	109	107	99	96	98	100	94	91	94	93	94	91	172	167	150
Reinsurance recoverable on losses and loss expenses payable
39	13	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Reinsurance recoverable on losses and loss expenses payable
-	-	7	8	4	5	5	5	2	3	4	2	4	3	4	6	6	5	7	9	7	9	9	8	9	9	10	13	12	13	18	21	27	25	30	22	18
Prepaid reinsurance premiums
7	7	7	7	6	6	6	6	6	6	6	6	6	6	6	5	6	6	6	6	6	6	6	5	4	4	4	4	4	3	4	8	8	7	8	8	7
Due from Affiliates
22	21	17	34	-	0	10	-	-	-	3	22	1	-	21	28	4	5	21	35	0	40	11	27	-	0	12	23	-	-	-	-	-	-	-	6	6
Current federal income taxes
6	6	6	6	6	5	5	5	5	4	6	6	6	6	6	4	4	4	0	3	0	1	0	0	0	0	-	0	-	0	5	11	12	12	12	12	7
Net deferred federal income taxes
64	42	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net deferred federal income taxes
-	-	46	52	57	77	62	67	66	69	93	88	94	102	76	74	89	102	104	98	84	97	3	4	7	11	10	8	1	1	0	0	0	0	0	1	86
Property and equipment, held for sale
4	4	4	4	6	7	7	7	7	7	7	7	7	7	7	7	7	7	7	7	7	8	8	8	8	8	8	8	8	8	10	10	10	10	10	10	11
Total assets
2,960	2,985	2,979	2,961	2,924	2,895	2,939	2,946	2,957	3,019	3,056	3,032	2,978	2,959	2,970	2,933	2,868	2,828	2,807	2,800	2,777	2,766	2,586	2,578	2,516	2,496	2,482	2,470	2,501	2,477	2,479	2,486	2,462	2,764	2,811	2,824	2,722
Liabilities and Stockholders’ Equity
Liability for Claims and Claims Adjustment Expense, Property Casualty Liability
1,086	1,066	1,092	1,135	1,128	1,146	1,198	1,234	1,247	1,255	1,280	1,233	1,217	1,181	1,165	1,143	1,083	1,053	1,021	1,023	997	983	961	962	951	959	952	955	944	942	945	933	920	907	1,140	1,113	893
Unearned premiums (affiliated net assumed $126.3 and $116.7, respectively)
665	649	649	621	587	584	595	590	589	611	630	627	606	617	634	623	600	616	637	632	604	612	528	521	493	491	501	507	484	481	491	491	479	470	693	675	613
Notes payable (affiliates $15.2 and $15.2, respectively)
182	122	122	122	122	122	122	122	122	122	122	122	122	122	122	100	100	100	100	100	100	100	100	100	100	100	100	115	115	115	116	116	116	116	116	116	116
Pension and postretirement benefits
71	72	70	71	82	83	52	57	63	99	64	67	71	74	71	98	101	104	108	113	115	117	63	69	73	71	102	107	110	113	104	109	111	112	185	190	186
Due to Affiliate
-	-	0	0	18	22	0	7	11	18	0	0	0	2	-	-	-	0	-	-	6	-	0	0	8	1	0	-	8	8	3	4	2	349	20	-	-
Current federal income taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	0	-	0	-	0	-	-	-	-	-	-	-	-
Other liabilities (affiliated net assumed $10.7 and $19.5, respectively)
87	114	101	94	89	119	101	88	73	76	62	67	60	69	68	65	73	69	64	53	48	80	96	79	71	86	91	72	70	79	79	112	101	84	53	53	60
Total liabilities
2,093	2,025	2,036	2,045	2,028	2,077	2,069	2,099	2,108	2,184	2,159	2,118	2,077	2,068	2,062	2,032	1,959	1,943	1,932	1,923	1,872	1,894	1,751	1,734	1,699	1,711	1,748	1,759	1,734	1,740	1,740	1,767	1,730	2,040	2,210	2,149	1,870
Stockholders’ equity:
Common stock, without par value. Authorized 100.0 shares; 50.6 and 50.4 shares issued, respectively, at stated value of $2.50 per share
126	125	125	125	125	125	124	124	123	123	122	122	121	121	121	120	120	120	119	119	119	119	119	119	119	118	118	118	118	118	118	118	117	117	117	117	117
Treasury stock, 6.9 and 6.9 shares, respectively, at cost
118	117	117	117	117	117	117	116	116	116	116	116	116	116	116	116	116	116	116	116	116	116	116	116	116	115	115	115	115	115	115	115	115	115	115	115	115
Additional paid-in capital
209	206	205	202	198	194	188	184	180	171	167	165	162	159	156	154	155	153	149	146	144	143	141	140	138	137	135	134	132	131	130	129	128	127	125	125	122
Accumulated Other Comprehensive Income (Loss), Net of Tax
-13	-37	-24	-41	-68	-96	-68	-57	-48	3	47	53	47	32	81	82	61	37	31	53	81	71	96	114	89	80	44	37	98	84	104	74	79	63	3	12	-7
Retained earnings
663	782	754	747	757	712	741	712	710	653	676	689	685	693	665	659	688	689	690	673	675	654	593	585	586	563	551	536	534	519	502	513	522	530	470	535	736
Stockholders' Equity Attributable to Parent
866	959	943	916	895	818	869	847	849	835	897	914	901	891	907	901	908	884	875	877	904	872	834	843	817	785	734	711	767	737	739	719	732	723	601	674	851
Total liabilities and stockholders’ equity
2,960	2,985	2,979	2,961	2,924	2,895	2,939	2,946	2,957	3,019	3,056	3,032	2,978	2,959	2,970	2,933	2,868	2,828	2,807	2,800	2,777	2,766	2,586	2,578	2,516	2,496	2,482	2,470	2,501	2,477	2,479	2,486	2,462	2,764	2,811	2,824	2,722
Class A Preferred Stock [Member]
Preferred stock value
0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Class B Preferred Stock [Member]
Preferred stock value
0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-