Company: NODK
Filing Date: 2025-11-07
Form Type: 10-Q
Source: 0001174947-25-001356
Chunk: 369

Company: NI Holdings, Inc.
Filing Date: 2025-11-07
Form: 10-Q
Item: Part I, Item 8
Chunk 369
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) 
     3,289 
  
    Total fixed income securities 
    $329,686  
    $—  
    $2,734  
    $(17,649) 
    $314,771 

    December 31, 2024 

    Cost or 
Amortized 
Cost  
    Allowance for
 Expected
 Credit Losses  
    Gross 
Unrealized 
Gains  
    Gross 
Unrealized 
Losses  
    Fair Value 
  
    Fixed income securities: 

    U.S. Government and agencies 
    $12,601  
    $—  
    $8  
    $(335) 
    $12,274 
  
    Obligations of states and political subdivisions 
     48,559  
     —  
     184  
     (4,920) 
     43,823 
  
    Corporate securities 
     123,585  
     —  
     206  
     (7,517) 
     116,274 
  
    Residential mortgage-backed securities 
     53,714  
     —  
     44  
     (4,981) 
     48,777 
  
    Commercial mortgage-backed securities 
     30,062  
     —  
     65  
     (2,943) 
     27,184 
  
    Asset-backed securities 
     59,046  
     —  
     386  
     (3,301) 
     56,131 
  
    Redeemable preferred stocks 
     3,737  
     —  
     —  
     (488) 
     3,249 
  
    Total fixed income securities 
    $331,304  
    $—  
    $893  
    $(24,485) 
    $307,712 

The amortized cost and estimated fair value of fixed income
securities by contractual maturity, presented on a consolidated basis, are shown below. Actual maturities could differ from contractual
maturities because issuers may have the right to call or prepay these securities.

    September 30, 2025 

    Amortized Cost  
    Fair Value 
  
    Due to mature: 

    One year or less 
    $8,799