First Mutual Holdings Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Investments in Debt Securities	-	30.45	28.99	163.36	7.8	0.58
Investments in Equity & Preferred Securities	-	3.15	1.54	16.65	5	1.09
Other Investments	-	1.06	0.62	9.14	0.86	-
Total Investments	-	217.28	203.11	4,226	413.99	90.48
Cash & Equivalents	-	19.5	16.15	325.42	51.7	9.47
Reinsurance Recoverable	-	21.34	18.2	310.53	-	-
Other Receivables	-	9.96	10.29	238.58	36.35	7.76
Deferred Policy Acquisition Cost	-	-	-	-	4.12	0.75
Property, Plant & Equipment	-	6.24	5.87	110.16	7.43	1.53
Goodwill	-	0.23	0.23	4.14	0.47	0.08
Other Intangible Assets	-	0.52	0.04	0.58	0.14	0.05
Other Current Assets	-	2.25	0.53	23.42	2.98	0.95
Long-Term Deferred Tax Assets	-	3.49	2.12	42.91	2.28	0.33
Total Assets	-	280.8	256.54	5,282	519.45	111.41
Accounts Payable	-	0.61	0.17	2.43	0.83	0.11
Accrued Expenses	-	3.21	3.62	74.57	7.53	0.74
Insurance & Annuity Liabilities	-	118.36	106.59	2,411	39.25	9.32
Unpaid Claims	-	-	-	-	10.79	2.35
Unearned Premiums	-	-	-	-	22.2	6.41
Reinsurance Payable	-	-	-	-	15.12	1.87
Current Portion of Leases	-	0.36	0.18	4.59	0.15	0.01
Short-Term Debt	-	-	-	-	-	0.52
Current Income Taxes Payable	-	0.86	0.81	10.73	1.25	0.3
Long-Term Debt	-	6.75	8.23	94.41	5.21	-
Long-Term Leases	-	0.56	0.28	7.1	0.23	0.03
Long-Term Deferred Tax Liabilities	-	17.35	17.2	224.15	45.81	10.16
Other Current Liabilities	-	11.71	10.56	157.65	20.04	3.44
Other Long-Term Liabilities	-	18.3	17.48	177.96	142.75	34.44
Total Liabilities	-	178.05	165.12	3,165	311.16	69.71
Common Stock	-	0.34	0.34	6.18	1.28	0.37
Additional Paid-In Capital	-	6.73	6.73	123.93	25.77	7.49
Retained Earnings	-	40.18	29.72	781.62	85.46	12.94
Comprehensive Income & Other	-	16.59	17.52	176.05	-2.53	2.32
Total Common Equity	63.84	63.84	54.31	1,088	109.98	23.13
Minority Interest	-	38.91	37.11	1,029	98.31	18.57
Shareholders' Equity	102.75	102.75	91.41	2,117	208.29	41.7
Total Liabilities & Equity	-	280.8	256.54	5,282	519.45	111.41
Filing Date Shares Outstanding	-	611.28	731.72	731.72	731.72	731
Total Common Shares Outstanding	-	611.28	731.72	731.72	731.72	731
Total Debt	7.67	7.67	8.69	106.11	5.6	0.56
Net Cash (Debt)	11.83	11.83	7.46	219.31	46.1	8.91
Net Cash Growth	-56.92%	58.63%	-96.60%	375.71%	417.66%	8.46%
Net Cash Per Share	-	0.02	0.01	0.30	0.06	0.01
Book Value Per Share	-	0.10	0.07	1.49	0.15	0.03
Tangible Book Value	63.1	63.1	54.04	1,083	109.38	23
Tangible Book Value Per Share	-	0.10	0.07	1.48	0.15	0.03
Land	-	-	-	13.02	2.71	0.4
Machinery	-	-	-	121.64	13.2	3.23

Source: S&P Global Market Intelligence. Insurance template. Financial Sources.