For the quarter ending 2025-09-30, NODK has $543,815K in assets. $300,015K in debts. $24,653K in cash and cash equivalents.
| Balance Sheets | 2025-09-30 | 2025-06-30 | ||
|---|---|---|---|---|
| Cash and cash equivalents | 24,653 | 56,784 | ||
| Fixed income securities, at fair value (net of allowance for expected credit losses of 0 at september 30, 2025 and december 31, 2024) | 314,771 | 322,113 | ||
| Equity securities, at fair value | 24,002 | 25,388 | ||
| Other investments | 1,812 | 1,812 | ||
| Total cash and investments | 365,238 | 406,097 | ||
| Property and equipment, net | - | 7,375 | ||
| Reinsurance premiums receivable | - | 0 | ||
| Premiums and agents' balances receivable (net of allowance for expected credit losses of 319 at september 30, 2025 and 337 at december 31, 2024) | 76,073 | 85,604 | ||
| Deferred policy acquisition costs | 22,230 | 26,320 | ||
| Reinsurance recoverables on losses (net of allowance for expected credit losses of 0 at september 30, 2025 and december 31, 2024) | 23,051 | 51,278 | ||
| Income tax recoverable | 11,832 | 10,399 | ||
| Accrued investment income | 2,457 | 2,698 | ||
| Property and equipment, net | 7,226 | - | ||
| Deferred income taxes | 6,690 | 7,690 | ||
| Receivable from federal crop insurance corporation | 17,752 | 11,332 | ||
| Goodwill and other intangibles | 100 | 100 | ||
| Other assets | 11,166 | 11,158 | ||
| Total assets | 543,815 | 620,051 | ||
| Unpaid losses and loss adjustment expenses | 157,383 | 203,530 | ||
| Unearned premiums | 122,460 | 142,889 | ||
| Reinsurance premiums payable | 1,497 | 6,857 | ||
| Accrued expenses and other liabilities | 18,675 | 23,452 | ||
| Total liabilities | 300,015 | 376,728 | ||
| Common stock, 0.01 par value, authorized 25,000,000 shares issued 23,000,000 shares and outstanding 2025 20,629,737 shares, 2024 20,673,268 shares | 230 | 230 | ||
| Additional paid-in capital | 96,067 | 95,824 | ||
| Unearned employee stock ownership plan shares | 455 | 455 | ||
| Retained earnings | 194,233 | 195,912 | ||
| Accumulated other comprehensive loss, net of income taxes | -11,526 | -14,536 | ||
| Treasury stock, at cost, 2025 2,324,783 shares, 2024 2,281,252 shares | 34,749 | 33,652 | ||
| Total shareholders equity | 243,800 | 243,323 | ||
| Total liabilities and shareholders equity | 543,815 | 620,051 | ||
NI Holdings, Inc. (NODK)
NI Holdings, Inc. (NODK)