ICC Holdings, Inc. (ICCH) financial statements (2022 and earlier)

Company profile

Business Address 225 20TH STREET
ROCK ISLAND, IL 61201
State of Incorp. PA
Fiscal Year End December 31
SIC 6331 - Fire, Marine, and Casualty Insurance (benchmarking)
More info Complete financial analysis Financial benchmarking

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

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments113,5348,3727,5044,7996,877
Cash and cash equivalents4,6066,5996,6274,6456,877
Short-term investments108,9281,773878154 
Receivables196373193847573
Total current assets:113,7308,7457,6975,6467,450
Noncurrent Assets
Property, plant and equipment3,1442,8603,0333,3333,504
Total noncurrent assets:3,1442,8603,0333,3333,504
Other undisclosed assets83,128172,334152,273141,304141,382
TOTAL ASSETS:200,002183,939163,004150,283152,335
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Noncurrent Liabilities
Liabilities, other than long-term debt9551,231   
Deferred income tax liabilities9551,231 
Total noncurrent liabilities:9551,231   
Other undisclosed liabilities124,343109,96496,66291,69088,234
Total liabilities:125,298111,19696,66291,69088,234
Stockholders' equity
Stockholders' equity attributable to parent, including:74,70472,74466,34258,59364,102
Common stock3535353535
Treasury stock, value(3,155)(3,154)(3,147)(3,000) 
Additional paid in capital32,96532,78032,70332,50532,333
Accumulated other comprehensive income (loss)2,9205,5202,954(1,581)2,227
Retained earnings44,28340,14036,60933,68132,787
Other undisclosed stockholders' equity attributable to parent(2,344)(2,578)(2,812)(3,047)(3,281)
Total stockholders' equity:74,70472,74466,34258,59364,102
TOTAL LIABILITIES AND EQUITY:200,002183,939163,004150,283152,335

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

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
Revenues61,44156,51959,52551,16448,178
Premiums earned, net53,89349,68952,84247,117
Financial services revenue44,213
Cost of revenue(55,524)(51,091)(53,735)(49,477)(46,318)
Policyholder benefits and claims incurred, net(34,700)(32,562)(33,715)(31,262)
Deferred policy acquisition costs, amortization expense(20,825)(18,529)(20,020)(18,215)(17,308)
Financial services costs(29,010)
Gross profit:5,9165,4285,7901,6861,861
Operating expenses(723)(642)(580)(546)(555)
Operating income:5,1934,7865,2101,1401,306
Interest and debt expense(235)(208)(129)(141)(225)
Income from continuing operations before income taxes:4,9584,5785,0829991,080
Income tax expense(815)(1,047)(787)(106)(372)
Income before gain (loss) on sale of properties:4,1433,5314,294893708
Other undisclosed net income00   
Net income:4,1433,5314,294893708
Other undisclosed net loss attributable to parent(0)(0)   
Net income available to common stockholders, diluted:4,1433,5314,294893708

Comprehensive Income ($ in thousands)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
Net income:4,1433,5314,294893708
Other comprehensive income (loss)(2,600)2,5663,169(3,808)706
Comprehensive income (loss):1,5436,0987,463(2,915)1,414
Other undisclosed comprehensive loss, net of tax, attributable to parent(0)(0)   
Comprehensive income (loss), net of tax, attributable to parent:1,5436,0987,463(2,915)1,414

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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