Company: NODK
Filing Date: 2025-03-07
Form Type: 10-K
Source: 0001174947-25-000304
Chunk: 952

Company: NI Holdings, Inc.
Filing Date: 2025-03-07
Form: 10-K
Item: Item 2
Chunk 952
---
) 
     582  
     —  
     582 
  
    Other comprehensive income (loss), before income taxes 
     10,291  
     363  
     10,654 
  
    Income tax benefit (expense) related to items of other comprehensive income (loss) 
     (2,389) 
     (85) 
     (2,474)
  
    Other comprehensive income (loss), net of income taxes 
     7,902  
     278  
     8,180 

    Comprehensive income (loss) 
    $2,426  
    $528  
    $2,954 

    2022 

    Attributable to NI Holdings, Inc.  
    Attributable to Non-Controlling
 Interest  
    Total 
  
    Net income (loss) 
    $(53,096) 
    $(679) 
    $(53,775)

    Other comprehensive income (loss), before income taxes: 

    Holding gains (losses) on investments 
     (44,810) 
     (1,703) 
     (46,513)
  
    Reclassification adjustment for net realized losses (gains) included in net income (loss) 
     131  
     20  
     151 
  
    Other comprehensive income (loss), before income taxes 
     (44,679) 
     (1,683) 
     (46,362)
  
    Income tax benefit (expense) related to items of other comprehensive income (loss) 
     10,156  
     383  
     10,539 
  
    Other comprehensive income (loss), net of income taxes 
     (34,523) 
     (1,300) 
     (35,823)

    Comprehensive income (loss) 
    $(87,619) 
    $(1,979) 
    $(89,598)

The accompanying notes are an integral part of these consolidated financial
statements. 

51 

NI Holdings, Inc.

Consolidated Statements of Changes in Shareholders’
Equity

Years Ended December 31, 2024, 2023, and 2022

(dollar amounts in thousands) 

    Common
    Stock  
    Additional
    Paid-in  Capital  
    Unearned
     Employee  Stock Ownership