Company: NODK
Filing Date: 2025-03-07
Form Type: 10-K
Source: 0001174947-25-000304
Chunk: 1373

Company: NI Holdings, Inc.
Filing Date: 2025-03-07
Form: 10-K
Item: Item 4
Chunk 1373
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 7,452 
  
    Deferred income taxes 
     7,324  
     9,228 
  
    Receivable from Federal Crop Insurance Corporation 
     13,223  
     17,404 
  
    Goodwill and other intangibles 
     100  
     2,728 
  
    Other assets 
     11,097  
     10,866 
  
    Assets of discontinued operations 
     —  
     162,457 
  
    Total assets 
    $526,545  
    $654,886 

    Liabilities: 

    Unpaid losses and loss adjustment expenses 
    $137,288  
    $119,185 
  
    Unearned premiums 
     126,498  
     126,100 
  
    Income tax payable 
     —  
     147 
  
    Accrued expenses and other liabilities 
     18,128  
     17,758 
  
    Liabilities of discontinued operations 
     —  
     141,297 
  
    Total liabilities 
     281,914  
     404,487 

    Shareholders’ equity: 

    Common stock, $0.01 par value, authorized 25,000,000 shares, issued: 23,000,000 shares; and outstanding: 2024 – 20,673,268 shares, 2023 – 20,599,908 shares 
     230  
     230 
  
    Additional paid-in capital 
     95,796  
     96,294 
  
    Unearned employee stock ownership plan shares 
     (455) 
     (698)
  
    Retained earnings 
     201,584  
     208,376 
  
    Accumulated other comprehensive loss, net of income taxes 
     (18,231) 
     (21,384)
  
    Treasury stock, at cost, 2024 – 2,281,252 shares, 2023 – 2,330,297 shares 
     (34,293) 
     (35,177)
  
    Non-controlling interest 
     —  
     2,758 
  
    Total shareholders’ equity 
     244,631  
     250,399 

    Total liabilities and shareholders’ equity 
    $526,545  
    $654