The latest financial statement is for the year ending 2025-12-31.
| Cash Flow | 2025-12-31 |
|---|---|
| Net earnings | 32,152,330 |
| Gains on investments and other assets | 4,636,377 |
| Depreciation | 8,155,965 |
| Provision for credit losses | 2,055,026 |
| Net amortization of deferred fees and costs, premiums and discounts | 2,652,873 |
| Provision for deferred income taxes | 1,454,181 |
| Policy and pre-need acquisition costs deferred | 19,926,269 |
| Policy and pre-need acquisition costs amortized | 11,167,373 |
| Value of business acquired amortized | 493,335 |
| Interest credited to policyholder account balances | 4,562,615 |
| Policy fees assessed on policyholder account balances | 2,326,788 |
| Mortgage servicing rights, additions | 151,056 |
| Amortization of mortgage servicing rights | 562,475 |
| Stock based compensation expense | 1,320,497 |
| Benefit plans funded with treasury stock | -1,459,017 |
| Net change in fair value of loans held for sale | 615,973 |
| Originations of loans held for sale | 2,296,054,902 |
| Proceeds from sales of loans held for sale | 2,323,112,059 |
| Net gains on sales of loans held for sale | 52,436,365 |
| Land and improvements held for sale | 704,651 |
| Future policy benefits and unpaid claims | 31,232,581 |
| Other operating assets and liabilities | -7,317,697 |
| Net cash provided by operating activities | 45,539,897 |
| Purchases of fixed maturity securities | 68,178,727 |
| Sales, calls and maturities of fixed maturity securities | 61,228,738 |
| Purchase of equity securities | 5,072,820 |
| Sales of equity securities | 4,545,506 |
| Purchases of restricted assets | 7,620,974 |
| Sales, calls and maturities of restricted assets | 4,675,141 |
| Purchases of cemetery perpetual care trust investments | 1,428,243 |
| Sales, calls and maturities of cemetery perpetual care trust investments | 1,972,774 |
| Mortgage loans held for investment, other investments and policy loans made | 856,738,839 |
| Payments received for mortgage loans held for investment, other investments and policy loans | 826,248,424 |
| Purchases of property and equipment | 1,691,272 |
| Sales of property and equipment | 75,722 |
| Purchases of real estate | 63,928,088 |
| Sales of real estate | 38,704,832 |
| Net cash used in investing activities | -67,207,826 |
| Policyholder account balances - deposits | 11,980,092 |
| Policyholder account balances - withdrawals | 16,336,822 |
| Proceeds from stock options exercised | 106,012 |
| Purchase of treasury stock | 1,610,049 |
| Repayment of bank loans | 71,047,816 |
| Proceeds from bank loans | 69,000,000 |
| Net change in warehouse line borrowings for loans held for sale | 6,414,000 |
| Net cash used in financing activities | -14,322,583 |
| Net change in cash, cash equivalents, restricted cash and restricted cash equivalents | -35,990,512 |
| Cash, cash equivalents, restricted cash and restricted cash equivalents at beginning of year | 150,102,620 |
| Cash, cash equivalents, restricted cash and restricted cash equivalents at end of year | 114,112,108 |
SECURITY NATIONAL FINANCIAL CORP (SNFCA)
SECURITY NATIONAL FINANCIAL CORP (SNFCA)