FBL Financial Group, Inc. (FFG) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
5400 UNIVERSITY AVE WEST DES MOINES, IA 50266 |
| State of Incorp. | IA |
| Fiscal Year End | December 31 |
| Industry (SIC) | 6311 - Life Insurance (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)Annual | Quarterly
| 3/31/2021 Q1 | 12/31/2020 Q4 | 9/30/2020 Q3 | 6/30/2020 Q2 | 3/31/2020 Q1 | 12/31/2019 Q4 | 9/30/2019 Q3 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 33,464 | 32,017 | 47,104 | 29,142 | 35,750 | ||||
| Cash and cash equivalents | 15,030 | 15,777 | 17,524 | 17,277 | 13,007 | ||||
| Short-term investments | 18,434 | 16,240 | 29,580 | 11,865 | 22,743 | ||||
| Receivables | 7,207 | 8,561 | 11,486 | 10,784 | 9,782 | ||||
| Total current assets: | 40,671 | 40,578 | 58,590 | 39,926 | 45,532 | ||||
| Noncurrent Assets | |||||||||
| Property, plant and equipment | 42,200 | ||||||||
| Long-term investments and receivables | 74,791 | 71,278 | |||||||
| Long-term investments | 74,791 | 71,278 | |||||||
| Intangible assets, net (including goodwill) | 9,900 | ||||||||
| Goodwill | 9,900 | ||||||||
| Total noncurrent assets: | 126,891 | 71,278 | |||||||
| Other undisclosed assets | 10,812,210 | 10,708,400 | 10,234,358 | 10,313,389 | 10,311,911 | ||||
| TOTAL ASSETS: | 10,852,881 | 10,748,978 | 10,292,948 | 10,480,206 | 10,428,721 | ||||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Debt | 10,000 | 16,000 | |||||||
| Due to related parties | 609 | 812 | 1,015 | 1,218 | 1,422 | ||||
| Total current liabilities: | 609 | 812 | 11,015 | 1,218 | 17,422 | ||||
| Noncurrent Liabilities | |||||||||
| Liabilities, other than long-term debt | 187,161 | 178,676 | 119,093 | ||||||
| Deferred income tax liabilities | 187,161 | 178,676 | 119,093 | ||||||
| Total noncurrent liabilities: | 187,161 | 178,676 | 119,093 | ||||||
| Other undisclosed liabilities | 9,046,856 | 9,001,729 | 8,828,518 | 8,993,072 | 8,896,962 | ||||
| Total liabilities: | 9,234,626 | 9,181,217 | 8,958,626 | 8,994,290 | 8,914,384 | ||||
| Equity | |||||||||
| Equity, attributable to parent, including: | 1,618,229 | 1,567,803 | 1,334,280 | 1,485,757 | 1,514,210 | ||||
| Accumulated other comprehensive income | 529,087 | 481,626 | 258,422 | 354,764 | 406,175 | ||||
| Retained earnings | 935,080 | 930,937 | 920,032 | 975,260 | 952,397 | ||||
| Other undisclosed equity, attributable to parent | 154,062 | 155,240 | 155,826 | 155,733 | 155,638 | ||||
| Equity, attributable to noncontrolling interest | 26 | (42) | 42 | 159 | 127 | ||||
| Total equity: | 1,618,255 | 1,567,761 | 1,334,322 | 1,485,916 | 1,514,337 | ||||
| TOTAL LIABILITIES AND EQUITY: | 10,852,881 | 10,748,978 | 10,292,948 | 10,480,206 | 10,428,721 | ||||
Income Statement (P&L) ($ in thousands)Annual | Quarterly
| 3/31/2021 Q1 | 12/31/2020 Q4 | 9/30/2020 Q3 | 6/30/2020 Q2 | 3/31/2020 Q1 | 12/31/2019 Q4 | 9/30/2019 Q3 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | (533,821) | 197,845 | 200,713 | 135,263 | 193,561 | 184,658 | ||
| Insurance commissions and fees | 35,420 | 32,909 | 31,720 | 32,178 | 31,135 | |||
| Net investment income | 105,856 | 110,435 | 74,917 | 108,986 | 101,478 | |||
| Cost of revenue | (47,262) | (46,729) | (48,737) | (47,797) | (45,318) | |||
| Policyholder benefits and claims incurred, net | (45,529) | (45,112) | (46,208) | (42,877) | ||||
| Gross profit: | 150,583 | 153,984 | 86,526 | 145,764 | 139,340 | |||
| Operating expenses | (46,009) | (40,717) | (56,439) | (51,119) | (44,961) | |||
| Operating income: | 104,574 | 113,267 | 30,087 | 94,645 | 94,379 | |||
| Interest and debt expense | (1,212) | (1,213) | (1,213) | (1,213) | (1,213) | |||
| Other undisclosed loss from continuing operations before equity method investments, income taxes | (79,803) | (79,103) | (34,754) | (53,134) | (67,147) | |||
| Income (loss) from continuing operations before equity method investments, income taxes: | 23,559 | 32,951 | (5,880) | 40,298 | 26,019 | |||
| Income (loss) from equity method investments | 277 | (743) | 228 | 1,033 | 799 | |||
| Income (loss) from continuing operations before income taxes: | 23,836 | 32,208 | (5,652) | 41,331 | 26,818 | |||
| Income tax expense (benefit) | (2,883) | (6,085) | 3,081 | (6,500) | (1,642) | |||
| Income (loss) from continuing operations: | 20,953 | 26,123 | (2,571) | 34,831 | 25,176 | |||
| Income (loss) before gain (loss) on sale of properties: | ✕ | 20,953 | 26,123 | (2,571) | 34,831 | 25,176 | ||
| Net income (loss): | 20,953 | 26,123 | (2,571) | 34,831 | 25,176 | |||
| Net income (loss) attributable to noncontrolling interest | 21 | 88 | 56 | (92) | (47) | |||
| Net income (loss) attributable to parent: | 20,974 | 26,211 | (2,515) | 34,739 | 25,129 | |||
| Other undisclosed net loss available to common stockholders, basic | (37) | (37) | (38) | (38) | (37) | |||
| Net income (loss) available to common stockholders, diluted: | 20,937 | 26,174 | (2,553) | 34,701 | 25,092 | |||
Comprehensive Income ($ in thousands)Annual | Quarterly
| 3/31/2021 Q1 | 12/31/2020 Q4 | 9/30/2020 Q3 | 6/30/2020 Q2 | 3/31/2020 Q1 | 12/31/2019 Q4 | 9/30/2019 Q3 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | 20,953 | 26,123 | (2,571) | 34,831 | 25,176 | |||
| Other undisclosed comprehensive income (loss) | 47,461 | 223,204 | (96,342) | (51,411) | 103,382 | |||
| Comprehensive income (loss): | 68,414 | 249,327 | (98,913) | (16,580) | 128,558 | |||
| Comprehensive income (loss), net of tax, attributable to noncontrolling interest | 21 | 88 | 56 | (92) | (47) | |||
| Comprehensive income (loss), net of tax, attributable to parent: | 68,435 | 249,415 | (98,857) | (16,672) | 128,511 | |||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.