Investors Heritage Capital Corp (IHRC) financial statements (2022 and earlier)

Company profile

Business Address 200 CAPITAL AVE
FRANKFORT, KY 40602
State of Incorp. KY
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)

12/31/2016
12/31/2015
12/31/2014
12/31/2013
12/31/2012
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments3,2983,6201,8714,1436,010
Cash and cash equivalents3,2983,6201,8714,1436,010
Total current assets:3,2983,6201,8714,1436,010
Noncurrent Assets
Property, plant and equipment9159091,0001,0431,900
Long-term investments and receivables1,9522,3793,2713,1813,420
Long-term investments1,9522,3793,2713,1813,420
Intangible assets, net (including goodwill)   514
Intangible assets, net (excluding goodwill)    514
Total noncurrent assets:2,8673,2894,2714,2245,834
Other undisclosed assets573,193563,130579,072555,242564,162
TOTAL ASSETS:579,358570,038585,213563,609576,006
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Noncurrent Liabilities
Other undisclosed liabilities523,173520,787524,677509,962507,773
Total liabilities:523,173520,787524,677509,962507,773
Stockholders' equity
Stockholders' equity attributable to parent56,18549,25160,53653,64768,233
Common stock1,1061,1181,1241,1291,142
Additional paid in capital8,9138,9138,9088,9088,908
Accumulated other comprehensive income5,49475712,7046,75222,540
Retained earnings40,67138,46337,80036,85835,643
Total stockholders' equity:56,18549,25160,53653,64768,233
TOTAL LIABILITIES AND EQUITY:579,358570,038585,213563,609576,006

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

12/31/2016
12/31/2015
12/31/2014
12/31/2013
12/31/2012
Revenues65,56168,17770,89880,12070,430
Net investment income21,40821,23721,16320,66120,726
Financial services revenue40,91244,35447,42955,54847,495
Cost of revenue(53,204)(58,480)(59,876)(42,914)(41,867)
Liability for future policy benefits, period expense (income)(4,235)(6,739)(11,523)17,9209,778
Deferred policy acquisition costs, amortization expense(5,908)(7,103)(7,360)7,4648,489
Financial services costs(42,768)(44,306)(40,569)(42,914)(41,867)
Gross profit:12,3569,69611,02237,20728,563
Operating expenses(13,896)(14,418)(15,676)(10,600)(11,215)
Operating income (loss):(1,539)(4,722)(4,655)26,60717,348
Nonoperating income (expense)
(Investment Income, Nonoperating)
  1421,333(1,090)
Income (loss) from continuing operations before income taxes:(1,539)(4,722)(4,513)27,93916,258
Income tax expense (benefit)(331)133(430)(331)3
Net income (loss):(1,871)(4,589)(4,942)27,60816,261
Other undisclosed net income (loss) attributable to parent4,5325,6266,209(25,813)(14,162)
Net income available to common stockholders, diluted:2,6611,0371,2661,7962,099

Comprehensive Income ($ in thousands)

12/31/2016
12/31/2015
12/31/2014
12/31/2013
12/31/2012
Net income (loss):(1,871)(4,589)(4,942)27,60816,261
Other comprehensive income (loss)7,177(11,947)5,952(15,788)8,934
Comprehensive income (loss):5,306(16,536)1,01011,82125,195
Other undisclosed comprehensive income (loss), net of tax, attributable to parent2,0915,6266,209(25,813)(14,162)
Comprehensive income (loss), net of tax, attributable to parent:7,398(10,910)7,219(13,992)11,033

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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