National Security Group, Inc. (NSEC) financial statements (2021 and earlier)

Company profile

Business Address 661 E DAVIS ST
ELBA, AL 36323
State of Incorp. DE
Fiscal Year End December 31
SIC 6311 - Life Insurance (benchmarking)
More info Complete financial analysis Financial benchmarking

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

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments 126777
Cash and cash equivalents 126777
Short-term investments  0000
Receivables  101 
Total current assets: 127787
Noncurrent Assets
Operating lease, right-of-use asset 0
Property, plant and equipment 22222
Total noncurrent assets: 22222
Other undisclosed assets 140135138138139
TOTAL ASSETS: 154144146149148
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities     0
Taxes payable     0
Debt 12121
Total current liabilities: 12121
Noncurrent Liabilities
Other undisclosed liabilities 100969899102
Total liabilities: 1009899101103
Stockholders' equity
Stockholders' equity attributable to parent 5346484845
Common stock 33333
Treasury stock, value (0)    
Additional paid in capital 66555
Accumulated other comprehensive income (loss) 2(2)311
Retained earnings 4339373937
Total stockholders' equity: 5346484845
TOTAL LIABILITIES AND EQUITY: 154144146149148

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

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Revenues 6765666764
Premiums earned, net 60 
Financial services revenue61616159
Cost of revenue (45)(46)(49)(45)(40)
Policyholder benefits and claims incurred, net (39) 
Financial services costs(40)(43)(39)(34)
Gross profit: 2319172224
Operating expenses (17)(16)(17)(17)(17)
Operating income: 62058
Interest and debt expense (1)(1)(1)(1)(1)
Income (loss) from continuing operations before income taxes: 51(1)46
Income tax expense (1)(0)(0)(1)(2)
Net income (loss) available to common stockholders, diluted: 41(1)35

Comprehensive Income ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Net income (loss): 41(1)35
Other comprehensive income (loss) 4(2)10(2)
Comprehensive income (loss), net of tax, attributable to parent: 8(1)042

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.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: