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Condensed Consolidated Statements of Financial Position - USD ($)
$ in Thousands
Mar. 31, 2020
Dec. 31, 2019
ASSETS    
Fixed maturity, bonds held-to-maturity, at amortized cost, net of allowance for credit losses of $21,385 in 2020 (Fair value $8,501,656 in 2020 and $8,968,690 in 2019) $ 8,554,809 $ 8,631,261
Fixed maturity, bonds available-for-sale, at fair value (Amortized cost $6,447,577 in 2020 and $6,435,670 in 2019) 6,480,374 6,725,085
Equity securities, at fair value (Cost $693,708 in 2020 and $663,058 in 2019) 1,375,083 1,700,960
Mortgage loans on real estate, net of allowance for credit losses of $59,445 in 2020 5,125,365 5,097,017
Policy loans 380,084 379,657
Investment real estate, net of accumulated depreciation of $260,893 in 2020 and $256,757 in 2019 545,646 551,219
Short-term investments 418,882 425,321
Other invested assets 74,135 76,569
Total investments 22,954,378 23,587,089
Cash and cash equivalents 328,752 452,001
Investments in unconsolidated affiliates 757,737 705,721
Accrued investment income 192,252 200,856
Reinsurance recoverables, net of allowance for credit losses of $17,713 in 2020 405,623 411,830
Prepaid reinsurance premiums 38,807 44,669
Premiums due and other receivables 377,782 341,924
Deferred policy acquisition costs 1,514,005 1,423,007
Property and equipment, net of accumulated depreciation of $263,857 in 2020 and $257,907 in 2019 105,709 106,303
Prepaid pension 81,962 78,990
Other assets 187,950 171,285
Separate account assets 893,856 1,073,891
Total assets 27,838,813 28,597,566
LIABILITIES    
Life 3,098,444 3,087,578
Annuity 1,565,202 1,571,263
Health 49,842 49,886
Policyholders’ account balances 12,857,448 12,957,989
Policy and contract claims 1,470,080 1,489,979
Unearned premium reserve 945,808 933,559
Other policyholder funds 348,594 361,059
Liability for retirement benefits 65,305 67,435
Notes payable 156,943 157,997
Deferred tax liabilities, net 269,650 394,528
Current tax payable 31,824 9,757
Other liabilities 478,728 446,882
Separate account liabilities 893,856 1,073,891
Total liabilities 22,231,724 22,601,803
American National stockholders’ equity:    
Common stock, $1.00 par value, Authorized 50,000,000 in 2020 and 2019, Issued 30,832,449 in 2020 and 2019 Outstanding 26,887,200 shares in 2020 and 2019 30,832 30,832
Additional paid-in capital 21,031 21,011
Accumulated other comprehensive income (loss) (12,053) 99,518
Retained earnings 5,669,664 5,946,857
Treasury stock, at cost (108,469) (108,469)
Total American National stockholders’ equity 5,601,005 5,989,749
Noncontrolling interest 6,084 6,014
Total equity 5,607,089 5,995,763
Total liabilities and equity $ 27,838,813 $ 28,597,566