GWG Holdings, Inc.
DelistedCIK 1522690fmd_1PQTD8QGGAP3AA0698GVZ0NPCXFinance, Insurance and Real Estate · Life InsuranceTemplate: Insurance
Coverage: Jan 01, 2011 to Sep 30, 2021, 43 periods
| Line item | FY2011 | FY2012 | FY2013 | FY2014 | FY2015 | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 |
|---|---|---|---|---|---|---|---|---|---|---|
| Total revenues | 18 | 18 | 33 | 30 | 40 | 69 | 64 | (0) | 92 | 124 |
| Total interest income | – | – | – | – | – | – | – | – | 16 | 2 |
| Net investment income | – | – | – | – | – | 1 | 1 | – | – | – |
| Net interest income | – | – | – | – | – | – | – | – | (99) | (153) |
| Realized investment gains (losses) | 1 | 0 | 2 | 18 | 6 | 14 | – | – | – | – |
| Losses and loss adjustment expenses | – | – | – | – | 9 | 16 | – | – | – | – |
| Non-interest income | – | – | – | – | – | 1 | 1 | – | – | – |
| Total operating expenses | 16 | 17 | 31 | 39 | 48 | 69 | 87 | 119 | 172 | – |
| Compensation and benefits | – | – | 5 | 5 | 8 | 12 | 15 | 17 | 2 | 1 |
| Interest expense | 8 | 11 | 21 | 27 | 30 | 42 | 54 | 80 | 115 | 155 |
| Interest and investment income | 0 | 0 | 0 | 0 | 0 | 1 | 2 | 14 | 17 | – |
| Income before taxes | 1 | 0 | 2 | (8) | (9) | 1 | (23) | (119) | 159 | (232) |
| Income tax expense | 4 | 1 | 2 | (2) | (4) | 0 | (2) | – | 72 | (16) |
| Net income from continuing operations | (3) | (1) | (0) | (6) | (5) | 0 | (21) | – | 87 | (216) |
| Net income | (3) | (1) | (0) | (6) | (5) | 0 | (21) | (119) | 87 | (216) |
| Net income to common shareholders | (3) | (3) | (1) | (6) | (7) | (3) | (33) | (136) | 70 | (169) |