Security National Financial Corp. Q2 2025 10-Q Filing

Ticker: SNFCA · Form: 10-Q · Filed: Aug 14, 2025 · CIK: 318673

Sentiment: neutral

Topics: 10-Q, quarterly-report, financials

Related Tickers: SNFCA

TL;DR

SNFCA filed its Q2 2025 10-Q. Financials look steady.

AI Summary

Security National Financial Corp. filed its 10-Q for the period ending June 30, 2025. The filing details financial performance and operational updates for the second quarter of 2025. Key financial data and disclosures relevant to investors are presented.

Why It Matters

This filing provides investors with the latest financial performance data for Security National Financial Corp., crucial for understanding the company's current health and future prospects.

Risk Assessment

Risk Level: low — The filing is a routine quarterly report and does not indicate any immediate or significant new risks.

Key Numbers

Key Players & Entities

FAQ

What is the reporting period for this 10-Q filing?

The reporting period for this 10-Q filing is the quarter ended June 30, 2025.

When was this 10-Q filed with the SEC?

This 10-Q was filed on August 14, 2025.

What is the company's name?

The company's name is SECURITY NATIONAL FINANCIAL CORP.

What is the company's state of incorporation?

The company's state of incorporation is UT (Utah).

What is the company's fiscal year end?

The company's fiscal year ends on December 31.

Filing Stats: 4,294 words · 17 min read · ~14 pages · Grade level 20 · Accepted 2025-08-14 11:28:25

Filing Documents

Signatures

Signatures 77 2 SECURITY NATIONAL FINANCIAL CORPORATION AND SUBSIDIARIES CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) Part I - Financial Information Item 1. Financial Statements. Assets June 30, 2025 December 31, 2024 Investments: Fixed maturity securities, available for sale, at estimated fair value (amortized cost of $ 393,340,165 and $ 376,012,071 for 2025 and 2024, respectively; net of allowance for credit losses of $ 486,986 and $ 420,993 for 2025 and 2024, respectively) $ 390,441,720 $ 366,546,129 Equity securities at estimated fair value (cost of $ 11,657,063 and $ 11,386,454 for 2025 and 2024, respectively) 16,556,531 15,771,681 Mortgage loans held for investment (net of allowance for credit losses of $ 2,640,744 and $ 1,885,390 for 2025 and 2024, respectively) 324,403,996 301,747,358 Real estate held for investment (net of accumulated depreciation of $ 34,288,777 and $ 31,419,539 for 2025 and 2024, respectively) 213,045,016 197,693,338 Real estate held for sale 3,093,040 1,278,033 Other investments and policy loans (net of allowance for credit losses of $ 1,481,032 and $ 1,536,926 for 2025 and 2024, respectively) 85,691,489 74,855,041 Accrued investment income 9,659,711 8,499,168 Total investments 1,042,891,503 966,390,748 Cash and cash equivalents 79,317,770 140,546,421 Loans held for sale at estimated fair value 165,876,119 131,181,148 Receivables (net of allowance for credit losses of $ 1,491,043 and $ 1,678,531 for 2025 and 2024, respectively) 15,468,678 15,858,743 Restricted assets (including $ 13,778,778 and $ 12,323,535 for 2025 and 2024 respectively, at estimated fair value) 29,461,821 23,806,836 Cemetery perpetual care trust investments (including $ 6,043,952 and $ 5,689,706 for 2025 and 2024, respectively, at estimated fair value) 9,282,641 8,836,503 Receivable from reinsurers 13,743,832 13,831,093 Cemetery land and improvements 10,494,356 10,594,632 Deferred p

View Full Filing

View this 10-Q filing on SEC EDGAR

View on Read The Filing