Company: NODK
Filing Date: 2025-08-08
Form Type: 10-Q
Source: 0001174947-25-001142
Chunk: 21

Company: NI Holdings, Inc.
Filing Date: 2025-08-08
Form: 10-Q
Item: Part I, Item 1
Chunk 21
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:

    Three Months Ended June 30,  
    Six Months Ended June 30, 

    2025  
    2024  
    2025  
    2024 
  
    Continuing operations: 

    Gross realized gains: 

    Fixed income securities 
    $6  
    $—  
    $6  
    $9 
  
    Equity securities 
     240  
     191  
     743  
     381 
  
    Total gross realized gains 
     246  
     191  
     749  
     390 

    Gross realized losses, excluding credit impairment losses: 

    Fixed income securities 
     (139) 
     —  
     (139) 
     (15)
  
    Equity securities 
     —  
     (182) 
     (177) 
     (457)
  
    Total gross realized losses, excluding credit impairment losses 
     (139) 
     (182) 
     (316) 
     (472)

    Net realized gains (losses) 
     107  
     9  
     433  
     (82)

    Change in net unrealized gains on equity securities 
     (517) 
     (589) 
     26  
     958 
  
    Net investment gains (losses) – continuing operations 
     (410) 
     (580) 
     459  
     876 
  
    Net investment gains (losses) – discontinued operations 
     —  
     (256) 
     —  
     116 
  
    Net investment gains (losses) 
    $(410) 
    $(836) 
    $459  
    $992 

Non-cash investment transactions were $499 and $0 for the six months
ended June 30, 2025 and 2024, respectively. The activity in the current year consisted of one non-cash exchange of a fixed income security.

14 

  4.
  Fair Value Measurements

The Company uses fair value measurements to record fair value
adjustments to certain assets to determine fair value disclosures. Investment securities available for sale are recorded at fair value
on a recurring basis. Additionally, from time to time, we may be required to record other assets or liabilities at fair value