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Consolidated Statements of Financial Position - USD ($)
$ in Thousands
Dec. 31, 2019
Dec. 31, 2018
ASSETS    
Fixed maturity, bonds held-to-maturity, at amortized cost (Fair value $8,968,690 and $8,130,084) $ 8,631,261 $ 8,211,449
Fixed maturity, bonds available-for-sale, at fair value (Amortized cost $6,435,670 and $6,261,621) 6,725,085 6,215,563
Equity securities, at fair value (Cost $663,058 and $714,504) 1,700,960 1,530,228
Mortgage loans on real estate, net of allowance 5,097,017 5,124,707
Policy loans 379,657 376,254
Investment real estate, net of accumulated depreciation of $256,757 and $267,920 551,219 587,516
Short-term investments 425,321 206,760
Other invested assets 76,569 50,087
Total investments 23,587,089 22,302,564
Cash and cash equivalents 452,001 268,164
Investments in unconsolidated affiliates 705,721 571,897
Accrued investment income 200,856 188,630
Reinsurance recoverables 411,830 427,475
Prepaid reinsurance premiums 44,669 53,622
Premiums due and other receivables 341,924 345,705
Deferred policy acquisition costs 1,423,007 1,497,261
Property and equipment, net of accumulated depreciation of $257,907 and $236,922 106,303 109,472
Current tax receivable 0 8,855
Prepaid pension 78,990 57,117
Other assets 171,285 163,222
Separate account assets 1,073,891 918,369
Total assets 28,597,566 26,912,353
Future policy benefits    
Life 3,087,578 3,047,421
Annuity 1,571,263 1,524,006
Health 49,886 51,347
Policyholders’ account balances 12,957,989 12,461,833
Policy and contract claims 1,489,979 1,481,294
Unearned premium reserve 933,559 908,856
Other policyholder funds 361,059 318,948
Liability for retirement benefits 67,435 73,631
Notes payable 157,997 137,963
Deferred tax liabilities, net 394,528 264,185
Current tax payable 9,757 0
Other liabilities 446,882 452,985
Separate account liabilities 1,073,891 918,369
Total liabilities 22,601,803 21,640,838
American National stockholders’ equity:    
Common stock, $1.00 par value, Authorized 50,000,000, Issued 30,832,449 and 30,832,449 Outstanding 26,887,200 and 26,885,449 shares 30,832 30,832
Additional paid-in capital 21,011 20,694
Accumulated other comprehensive income (loss) 99,518 (99,738)
Retained earnings 5,946,857 5,413,952
Treasury stock, at cost (108,469) (108,492)
Total American National stockholders’ equity 5,989,749 5,257,248
Noncontrolling interest 6,014 14,267
Total equity 5,995,763 5,271,515
Total liabilities and equity $ 28,597,566 $ 26,912,353