Company: NODK
Filing Date: 2025-11-07
Form Type: 10-Q
Source: 0001174947-25-001356
Chunk: 3

Company: NI Holdings, Inc.
Filing Date: 2025-11-07
Form: 10-Q
Item: Part I, Item 1
Chunk 3
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    $(0.15)

    Loss per common share: 

    Basic 
    $(0.08) 
    $(0.13) 
    $(0.35) 
    $(0.76)
  
    Diluted 
    $(0.08) 
    $(0.13) 
    $(0.35) 
    $(0.76)

    Share data: 

    Weighted average common shares outstanding used in basic per common share calculations 
     21,001,396  
     20,985,213  
     21,018,420  
     20,962,872 
  
    Dilutive securities 
     —  
     —  
     —  
     — 
  
    Weighted average common shares used in diluted per common share calculations 
     21,001,396  
     20,985,213  
     21,018,420  
     20,962,872 

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

4 

NI Holdings, Inc.

Consolidated Statements of Comprehensive Income (Loss) (Unaudited)

(dollar amounts in thousands) 

    Three Months Ended September 30,  
    Nine Months Ended September 30, 

    2025  
    2024  
    2025  
    2024 
  
    Net loss 
    $(1,666) 
    $(2,705) 
    $(7,257) 
    $(15,908)

    Other comprehensive income, before income taxes: 

    Holding gains on investments 
     3,785  
     10,935  
     8,434  
     8,165 
  
    Reclassification adjustment for net realized losses included in net income 
     110  
     203  
     243  
     243 
  
    Other comprehensive income, before income taxes 
     3,895  
     11,138  
     8,677  
     8,408 
  
    Income tax expense related to items of other comprehensive income 
     (885) 
     (2,512) 
     (1,972) 
     (1,896)
  
    Other comprehensive income, net of income taxes 
     3,010  
     8,626