Investors Heritage Capital Corp (IHRC) Financial Statements (2024 and earlier)
Company Profile
| Business Address |
200 CAPITAL AVE FRANKFORT, KY 40602 |
| State of Incorp. | KY |
| 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)
| 9/30/2017 MRQ | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | 12/31/2012 | |||
|---|---|---|---|---|---|---|---|---|
| ASSETS | ||||||||
| Current Assets | ||||||||
| Cash, cash equivalents, and short-term investments | 3,298 | 3,620 | 1,871 | 4,143 | 6,010 | |||
| Cash and cash equivalents | 3,298 | 3,620 | 1,871 | 4,143 | 6,010 | |||
| Total current assets: | 3,298 | 3,620 | 1,871 | 4,143 | 6,010 | |||
| Noncurrent Assets | ||||||||
| Property, plant and equipment | 915 | 909 | 1,000 | 1,043 | 1,900 | |||
| Long-term investments and receivables | 1,952 | 2,379 | 3,271 | 3,181 | 3,420 | |||
| Long-term investments | 1,952 | 2,379 | 3,271 | 3,181 | 3,420 | |||
| Intangible assets, net (including goodwill) | ✕ | 514 | ||||||
| Intangible assets, net (excluding goodwill) | 514 | |||||||
| Total noncurrent assets: | 2,867 | 3,289 | 4,271 | 4,224 | 5,834 | |||
| Other undisclosed assets | 573,193 | 563,130 | 579,072 | 555,242 | 564,162 | |||
| TOTAL ASSETS: | 579,358 | 570,038 | 585,213 | 563,609 | 576,006 | |||
| LIABILITIES AND EQUITY | ||||||||
| Liabilities | ||||||||
| Current Liabilities | ||||||||
| Noncurrent Liabilities | ||||||||
| Other undisclosed liabilities | 523,173 | 520,787 | 524,677 | 509,962 | 507,773 | |||
| Total liabilities: | 523,173 | 520,787 | 524,677 | 509,962 | 507,773 | |||
| Equity | ||||||||
| Equity, attributable to parent | 56,185 | 49,251 | 60,536 | 53,647 | 68,233 | |||
| Common stock | 1,106 | 1,118 | 1,124 | 1,129 | 1,142 | |||
| Additional paid in capital | 8,913 | 8,913 | 8,908 | 8,908 | 8,908 | |||
| Accumulated other comprehensive income | 5,494 | 757 | 12,704 | 6,752 | 22,540 | |||
| Retained earnings | 40,671 | 38,463 | 37,800 | 36,858 | 35,643 | |||
| Total equity: | 56,185 | 49,251 | 60,536 | 53,647 | 68,233 | |||
| TOTAL LIABILITIES AND EQUITY: | 579,358 | 570,038 | 585,213 | 563,609 | 576,006 | |||
Income Statement (P&L) ($ in thousands)
| 9/30/2017 TTM | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | 12/31/2012 | ||
|---|---|---|---|---|---|---|---|
| Revenues | 65,561 | 68,177 | 70,898 | 80,120 | 70,430 | ||
| Net investment income | 21,408 | 21,237 | 21,163 | 20,661 | 20,726 | ||
| Financial services revenue | 40,912 | 44,354 | 47,429 | 55,548 | 47,495 | ||
| 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) | 17,920 | 9,778 | ||
| Deferred policy acquisition costs, amortization expense | (5,908) | (7,103) | (7,360) | 7,464 | 8,489 | ||
| Financial services costs | (42,768) | (44,306) | (40,569) | (42,914) | (41,867) | ||
| Gross profit: | 12,356 | 9,696 | 11,022 | 37,207 | 28,563 | ||
| Operating expenses | (13,896) | (14,418) | (15,676) | (10,600) | (11,215) | ||
| Operating income (loss): | (1,539) | (4,722) | (4,655) | 26,607 | 17,348 | ||
| Nonoperating income (expense) (Investment Income, Nonoperating) | 142 | 1,333 | (1,090) | ||||
| Income (loss) from continuing operations before income taxes: | (1,539) | (4,722) | (4,513) | 27,939 | 16,258 | ||
| Income tax expense (benefit) | (331) | 133 | (430) | (331) | 3 | ||
| Income (loss) from continuing operations: | (1,871) | (4,589) | (4,942) | 27,608 | 16,261 | ||
| Income (loss) before gain (loss) on sale of properties: | (1,871) | (4,589) | (4,942) | 27,608 | 16,261 | ||
| Net income (loss): | (1,871) | (4,589) | (4,942) | 27,608 | 16,261 | ||
| Other undisclosed net income (loss) attributable to parent | 4,532 | 5,626 | 6,209 | (25,813) | (14,162) | ||
| Net income available to common stockholders, diluted: | 2,661 | 1,037 | 1,266 | 1,796 | 2,099 | ||
Comprehensive Income ($ in thousands)
| 9/30/2017 TTM | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | 12/31/2012 | ||
|---|---|---|---|---|---|---|---|
| Net income (loss): | (1,871) | (4,589) | (4,942) | 27,608 | 16,261 | ||
| Other comprehensive income (loss) | 7,177 | (11,947) | 5,952 | (15,788) | 8,934 | ||
| Comprehensive income (loss): | 5,306 | (16,536) | 1,010 | 11,821 | 25,195 | ||
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | 2,091 | 5,626 | 6,209 | (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 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.