SECURITY NATIONAL FINANCIAL CORP
For the period ended Sep 30, 2026. Filed Nov 9, 2026.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2026 · Filed Nov 9, 2026
SNFCA$9.07-3.3%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Condensed Consolidated Statements of Cash Flows
| Nine Months Ended September 30, | ||
|---|---|---|
| 2026 | 2025 | |
| Cash flows from operating activities: | ||
| Net cash provided by operating activities | $93,387,294 | $27,552,994 |
| Cash flows from investing activities: | ||
| Purchases of fixed maturity securities | (60,298,064) | (63,091,501) |
| Sales, calls and maturities of fixed maturity securities | 46,997,391 | 49,800,384 |
| Purchases of equity securities | (2,743,681) | (4,245,856) |
| Sales of equity securities | 2,373,830 | 3,814,374 |
| Purchases of restricted assets | (5,144,021) | (5,191,557) |
| Sales, calls and maturities of restricted assets | 4,668,907 | 3,323,223 |
| Purchases of cemetery perpetual care trust investments | (742,169) | (990,234) |
| Sales, calls and maturities of perpetual care trust investments | 707,019 | 1,896,777 |
| Mortgage loans held for investment, other investments and policy loans made | (577,525,295) | (652,228,219) |
| Payments received for mortgage loans held for investment, other investments and policy loans | 577,861,996 | 615,698,100 |
| Purchases of property and equipment | (769,369) | (1,591,486) |
| Sales of property and equipment | 23,000 | 4,700 |
| Purchases of real estate | (59,542,989) | (53,207,439) |
| Sales of real estate | 41,941,095 | 31,493,671 |
| Net cash used in investing activities | (32,192,350) | (74,515,063) |
| Cash flows from financing activities: | ||
| Policyholder account balances - deposits | 7,572,984 | 9,217,213 |
| Policyholder account balances - withdrawals | (12,548,680) | (12,494,990) |
| Proceeds from stock options exercised | 53,793 | 81,246 |
| Purchases of treasury stock | (1,342,557) | (1,604,613) |
| Repayment of bank loans | (1,587,867) | (49,525,258) |
| Proceeds from bank loans | - | 69,000,000 |
| Net change in warehouse line borrowings for loans held for sale | 42,598,191 | (3,174,878) |
| Net cash provided by financing activities | 34,745,864 | 11,498,720 |
| Net change in cash, cash equivalents, restricted cash and restricted cash equivalents | 95,940,808 | (35,463,349) |
| Cash, cash equivalents, restricted cash and restricted cash equivalents at beginning of period | 114,112,108 | 150,102,620 |
| Cash, cash equivalents, restricted cash and restricted cash equivalents at end of period | $210,052,916 | $114,639,271 |
| Supplemental Disclosure of Cash Flow Information: | ||
| Cash paid during the year for: | ||
| Interest | $3,482,471 | $3,497,142 |
| Federal income taxes | 6,244,673 | 4,436,909 |
| State income taxes | 138,110 | 111,370 |
| Non Cash Operating, Investing and Financing Activities: | ||
| Mortgage loans held for investment foreclosed into real estate held for sale | $3,322,938 | $190,495 |
| Transfer from restricted assets to cemetery perpetual care trust investments | 1,174,675 | - |
| Benefit plans funded with treasury stock | 858,946 | 735,283 |
| Right-of-use assets obtained in exchange for operating lease liabilities | 354,171 | 1,157,084 |
| Right-of-use assets obtained in exchange for finance lease liabilities | 78,968 | - |
| Transfer from fixed maturity securities available for sale to other investments | - | 1,185,603 |
| Loans held for sale foreclosed into real estate held for sale | - | 380,000 |
| Transfer of loans held for sale to mortgage loans held for investment | - | 828,063 |
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Continued)
Reconciliation of cash, cash equivalents, restricted cash and restricted cash equivalents as shown in the condensed consolidated statements of cash flows are presented in the table below:
| September 30, 2026 | September 30, 2025 | |
|---|---|---|
| Cash and cash equivalents | $195,775,975 | $100,396,059 |
| Restricted assets | 13,536,205 | 13,556,435 |
| Cemetery perpetual care trust investments | 740,736 | 686,777 |
| Total cash, cash equivalents, restricted cash and restricted cash equivalents | $210,052,916 | $114,639,271 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.