Federal Life Group, Inc. (FLFG) financial statements (2022 and earlier)

Company profile

Business Address 3750 DEERFIELD ROAD
RIVERWOODS, IL 60015
State of Incorp. PA
Fiscal Year End December 31
SIC 6311 - Life Insurance (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in thousands)

3/31/2019
Q1
12/31/2018
Q4
9/30/2018
Q3
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments33,64839,25610,086
Cash and cash equivalents29,84233,2523,466
Short-term investments3,8066,0046,620
Total current assets:33,64839,25610,086
Noncurrent Assets
Property, plant and equipment 186 
Total noncurrent assets: 186 
Other undisclosed assets253,231240,285243,218
TOTAL ASSETS:286,879279,727253,304
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Noncurrent Liabilities
Other undisclosed liabilities229,715226,807232,278
Total liabilities:229,715226,807232,278
Stockholders' equity
Stockholders' equity attributable to parent57,16452,92021,026
Common stock3535 
Additional paid in capital33,11033,076 
Accumulated other comprehensive income (loss)1,223(1,965)(2,139)
Retained earnings22,79621,77423,165
Total stockholders' equity:57,16452,92021,026
TOTAL LIABILITIES AND EQUITY:286,879279,727253,304

Income statement (P&L) ($ in thousands)

3/31/2019
Q1
12/31/2018
Q4
9/30/2018
Q3
Revenues4,9214,7345,187
Premiums earned, net2,1202,1842,859
Net investment income2,2012,1472,063
Cost of revenue(2,343)(3,582)(4,145)
Policyholder benefits and claims incurred, net(1,954)(3,053)(3,794)
Deferred policy acquisition costs, amortization expense(371)(435)(313)
Gross profit:2,5781,1521,042
Operating expenses(2,459)(2,370)(2,307)
Operating income (loss):119(1,218)(1,265)
Other undisclosed loss from continuing operations before equity method investments, income taxes(259)(165)(173)
Loss from continuing operations before income taxes:(140)(1,383)(1,438)
Income tax expense (benefit)2(8)(3)
Net loss available to common stockholders, diluted:(138)(1,391)(1,441)

Comprehensive Income ($ in thousands)

3/31/2019
Q1
12/31/2018
Q4
9/30/2018
Q3
Net loss:(138)(1,391)(1,441)
Other undisclosed comprehensive income (loss)4,348174(1,050)
Comprehensive income (loss), net of tax, attributable to parent:4,210(1,217)(2,491)

Statements sources

The financial statements are based on the company's filings with the 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.

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