false
0001681903
0001681903
2023-11-07
2023-11-07
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of
The Securities Exchange Act of 1934
November 7, 2023
Date of Report (Date of earliest event reported)
ICC Holdings, Inc.
(Exact name of registrant as specified in its charter)
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Pennsylvania
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1-681903
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81-3359409
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(State or other jurisdiction
of incorporation)
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(Commission
File Number)
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(IRS Employer
Ident. No.)
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225 20th Street, Rock Island, Illinois
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61201
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(Address of principal executive offices)
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(Zip Code)
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(309) 793-1700
Registrant’s telephone number, including area code
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N/A
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(Former name or former address, if changed since last report.)
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Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4 (c))
Securities registered pursuant to Section 12(b) of the Act:
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Title of each class
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Trading Symbol(s)
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Name of each exchange on which registered
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Common Stock, par value $0.01 per share
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ICCH
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The NASDAQ Stock Market LLC
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Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 2.02 Results of Operations and Financial Condition.
On November 7, 2023, ICC Holdings, Inc. issued a press release containing financial information regarding its results of operations and financial condition for the period ended September 30, 2023. A copy of the press release is furnished as part of this Current Report on Form 8-K and is attached hereto as Exhibit 99.1.
Item 9.01 Financial Statements and Exhibits.
(d)Exhibits:
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99.1
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104
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Cover Page Interactive Data File (embedded within the Inline XBRL document)
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
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ICC HOLDINGS, INC.
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Dated: November 7, 2023
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By:
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/s/ Arron K. Sutherland
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Arron K. Sutherland
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President, Chief Executive Officer and
Director
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Exhibit 99.1
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Contact Info: Arron K. Sutherland, President and CEO
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Illinois Casualty Company
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(309) 732-0105
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arrons@ilcasco.com
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225 20th Street, Rock Island, IL 61201
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ICC Holdings, Inc. Reports 2023 Third Quarter and Nine Months Results
FOR IMMEDIATE RELEASE: 11/7/2023
Rock Island, IL – November 7, 2023 – ICC Holdings, Inc. (NASDAQ: ICCH) (the Company), parent company of Illinois Casualty Company, a regional, multi-line property and casualty insurance company focusing exclusively on the food and beverage industry, today reported unaudited results for the three and nine months ended September 30, 2023.
third QUARTER AND nine MONTHS ENDED September 30, 2023 – FINANCIAL RESULTS
Net loss totaled $769,000, or $0.26 per share, for the third quarter of 2023, compared to net earnings of $630,000, or $0.21 per share, for the third quarter of 2022. The decrease was driven by liquor liability losses. For the nine months ended September 30, 2023, the Company reported net earnings of $1,396,000, or $0.47 per share, compared to a net loss of $3,659,000, or $1.20 per share, for the same period in 2022. The change in earnings was driven by positive changes in net unrealized gains and losses on equity securities. Book value per share decreased to $18.98 at September 30, 2023, from $19.16 at December 31, 2022. This decrease in book value is due to net income and the declines in the market value of our fixed income holdings.
Direct premiums written increased by $3,595,000, or 17.2%, to $24,495,000 for the third quarter of 2023, from $20,900,000 for the same period in 2022. For the nine months ended September 30, 2023, direct premiums written increased by $7,205,000, or 11.7%, to $68,900,000 compared to $61,695,000 for the same period in 2022. The growth for both periods is due to rate increases and increased business. Net premiums earned increased by $1,510,000, or 8.5%, to $19,234,000 for the three months ended September 30, 2023, from $17,724,000 for the same period in 2022. Net premiums earned increased by $4,763,000, or 9.4%, to $55,529,000 for the nine months ended September 30, 2023, from $50,766,000 for the same period in 2022. The increase in net premiums earned is driven by the increased premium writings in 2023 and the latter half of 2022.
For the third quarter of 2023, the Company ceded to reinsurers $2,878,000 of earned premiums, compared to $2,554,000 of earned premiums for the third quarter of 2022. For the nine months ended September 30, 2023, the Company ceded earned premiums of $8,066,000, compared to $7,077,000 for the same period in 2022. This increase is a result of increased direct earned premiums.
Net investment income increased by $314,000, or 30.5%, to $1,342,000 for the third quarter of 2023, as compared to $1,028,000 for the same period in 2022. For the nine months ended September 30, 2023, net investment income increased by $901,000, or 31.1%, to $3,798,000 from $2,897,000 for the same period in 2022. The increase is the result of both an increase in the interest rates earned on the investments in our portfolio and an increase in the overall size of our investment holdings.
Net unrealized losses on equity securities decreased $22,000 year over year to $1,062,000 in losses for the third quarter of 2023, compared to losses of $1,084,000 for the same period in 2022. Net unrealized gains and losses on equity securities increased $6,460,000 year over year to $279,000 in gains as of September 30, 2023, compared to a loss of $6,181,000 as of September 30, 2022.
Losses and settlement expenses increased by $3,049,000, or 29.4%, to $13,436,000 for the third quarter of 2023, from $10,387,000 for the same period in 2022. This increase was driven by elevated 2022 and 2021 liquor liability claims and 2023 fire claims. Losses and settlement expenses increased by $2,309,000, or 6.7%, to $36,699,000 for the nine months ended September 30, 2023, from $34,390,000 for the same period in 2022. This increase was driven by elevated 2022 and 2021 losses from liquor liability claims.
Policy acquisition costs and other operating expenses increased by $668,000, or 10.5%, to $7,029,000 for the third quarter of 2023, from $6,361,000 for the same period in 2022. Policy acquisition costs and other operating expenses increased by $2,688,000, or 14.8%, to $20,824,000 for the nine months ended September 30, 2023, from $18,136,000 for the same period in 2022. The increase was due to increases in salaries and contingent commission expense stemming from business growth.
Total assets increased by $16,866,000, or 8.8%, from $192,162,000 on December 31, 2022, to $209,028,000 on September 30, 2023. The investment portfolio, which consists of fixed income securities, common stocks, preferred stocks, property held for investment, and other invested assets, increased by $7,838,000, or 6.2%, from $127,325,000 on December 31, 2022, to $135,163,000 on September 30, 2023. This increase was due to purchases of fixed maturity securities and other invested assets.
Total equity decreased by $855,000, or 1.4%, from $60,441,000 as of December 31, 2022, to $59,586,000 as of September 30, 2023. The main driver of this decrease was increased unrealized losses on fixed income securities.
third QUARTER ENDED September 30, 2023 – FINANCIAL RATIOS
The Company’s losses and settlement expense ratio (defined as losses and settlement expenses divided by net premiums earned) was 69.9% and 66.1% for the third quarter and nine months ended September 30, 2023, compared with 58.6% and 67.7% for the same periods in 2022.
The expense ratio (defined as the amortization of deferred policy acquisition costs and underwriting and administrative expenses divided by net premiums earned) was 36.5% and 37.5% for the third quarter and nine months ended September 30, 2023, compared to 35.9% and 35.7% for the same periods in 2022.
The Company’s GAAP combined ratio (defined as the sum of the losses and settlement expense ratio and the expense ratio) was 106.4% and 103.6% for the third quarter and nine months ended September 30, 2023, compared to 94.5% and 103.4% for the same periods in 2022.
MANAGEMENT COMMENTARY
"We have seen year over year improvement in our losses and settlement expense ratio, due to continued rate strengthening. However, inflationary pressures have driven up commission and salary expenses. As a result, our combined ratio is now at relatively the same level as last year. In terms of losses, we have seen increased losses in our liquor liability book this past year, including some unfavorable reserve development. We have implemented multiple underwriting procedures to address the issue, particularly in Arizona and Missouri.
"Increased reinvestment rates have positively impacted investment returns in 2023, leading to net income and improved earnings per share. However, investment conditions changed this quarter as the markets took back some of the unrealized gains we've seen this year. We remain in a gain position on our equities for 2023 due to our conservative investment approach.
"I continue to be optimistic as our average premium per policy continues to grow in 2023. Direct premiums written are up $7.2M, while policy count has declined slightly. This growth is before the filed rate increases that become effective in early fourth quarter," stated Arron Sutherland, President and Chief Executive Officer.
ABOUT ICC HOLDINGS, INC.
ICC Holdings, Inc. is a vertically integrated company created to facilitate the growth, expansion, and diversification of its subsidiaries to maximize value to its stakeholders. The group of companies consolidated under ICC Holdings, Inc. engages in diverse, yet complementary business activities, including property and casualty insurance, real estate, and information technology.
The Company’s common shares trade on the NASDAQ Capital Market under the ticker symbol “ICCH”. For more information about ICC Holdings, visit http://ir.iccholdingsinc.com.
FORWARD-LOOKING STATEMENTS
This press release, and oral statements made regarding the subjects of this release, contains forward-looking statements, within the meaning of the Private Securities Litigation Reform Act of 1995, or the Reform Act, which may include, but are not limited to, statements regarding the Company’s, plans, objectives, expectations, and intentions and other statements contained in this press release that are not historical facts, including statements identified by words such as “believe,” “plan,” “seek,” “expect,” “intend,” “estimate,” “anticipate,” “will,” and similar expressions. All statements addressing operating performance, events, or developments that the Company expects or anticipates will occur in the future, including statements relating to revenue and profit growth; future responses to and effects of the COVID-19 pandemic, including their effects on claims activity and the business operations of the Company and of our current and potential customers; new theories of liability; judicial, legislative, regulatory and other governmental developments, including, but not limited to, liability related to business interruption claims related to COVID-19; litigation tactics and developments; product and segment expansion; regulatory approval in connection with expansion; downturns and volatility in global economies and equity and credit markets, including as a result of inflation and supply chain disruptions and continued labor shortages; interest rates and changes in rates could adversely affect the Company's business and profitability; and market share, as well as statements expressing optimism or pessimism about future operating results, are forward-looking statements within the meaning of the Reform Act. The forward-looking statements are based on management's current views and assumptions regarding future events and operating performance, and are inherently subject to significant business, economic, and competitive uncertainties and contingencies and changes in circumstances, many of which are beyond the Company’s control. The statements in this press release are made as of the date of this press release, even if subsequently made available by the Company on its website or otherwise. The Company does not undertake any obligation to update or revise these statements to reflect events or circumstances occurring after the date of this press release.
Although the Company does not make forward-looking statements unless it believes it has a reasonable basis for doing so, the Company cannot guarantee their accuracy. The foregoing factors, among others, could cause actual results to differ materially from those described in these forward-looking statements. For a list of other factors which could affect the Company’s results, see the Company’s filings with the Securities and Exchange Commission, “Item 7. Management's Discussion and Analysis of Financial Condition and Results of Operations,” including “Forward-Looking Information,” set forth in the Company’s Annual Report on Form 10-K for the year ended December 31, 2022. No undue reliance should be placed on any forward-looking statements.
ICC Holdings, Inc. and Subsidiaries
Condensed Consolidated Balance Sheets
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As of
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September 30,
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December 31,
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2023
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2022
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(Unaudited)
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Assets:
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Investments and cash:
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Fixed maturity securities (amortized cost of $112,865,702 at 9/30/2023 and $104,580,681 at 12/31/2022)
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$ |
99,100,422 |
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$ |
93,388,971 |
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Common stocks at fair value
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20,347,786 |
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20,438,907 |
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Preferred stocks at fair value
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2,739,493 |
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2,772,605 |
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Other invested assets
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7,512,170 |
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|
4,722,137 |
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Property held for investment, at cost, net of accumulated depreciation of $634,738 at 9/30/2023 and $609,282 at 12/31/2022
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5,462,945 |
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6,002,233 |
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Cash and cash equivalents
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2,665,558 |
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3,139,986 |
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Total investments and cash
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137,828,374 |
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130,464,839 |
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Accrued investment income
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912,054 |
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|
791,812 |
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Premiums and reinsurance balances receivable, net of allowances for credit losses of $50,000 at 9/30/2023 and $50,000 at 12/31/2022
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35,725,932 |
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|
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31,270,460 |
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Ceded unearned premiums
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746,714 |
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|
|
947,851 |
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Reinsurance balances recoverable on unpaid losses and settlement expenses, net of allowances for credit losses of $115,000 at 9/30/2023 and $0 at 12/31/2022
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16,350,203 |
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13,610,295 |
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Federal income taxes
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4,400,021 |
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3,318,730 |
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Deferred policy acquisition costs, net
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8,347,499 |
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7,167,036 |
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Property and equipment, at cost, net of accumulated depreciation of $6,917,014 at 9/30/2023 and $6,590,602 at 12/31/2022
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3,348,616 |
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3,313,719 |
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Other Assets, net of allowances for credit losses of $54,112 at 9/30/2023 and $0 at 12/31/2022
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1,368,836 |
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1,277,469 |
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Total assets
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$ |
209,028,249 |
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$ |
192,162,211 |
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| |
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|
|
|
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Liabilities:
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|
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Unpaid losses and settlement expenses
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$ |
80,542,478 |
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$ |
67,614,063 |
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Unearned premiums
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45,967,059 |
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40,527,182 |
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Reinsurance balances payable
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1,035,827 |
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1,405,337 |
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Corporate debt
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15,000,000 |
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15,000,000 |
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Accrued expenses
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6,015,982 |
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|
6,072,020 |
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Other liabilities
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880,453 |
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1,102,678 |
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Total liabilities
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149,441,799 |
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131,721,280 |
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Equity:
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Common stock1
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35,000 |
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35,000 |
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Treasury stock, at cost2
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(5,700,588 |
) |
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(5,463,535 |
) |
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Additional paid-in capital
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33,237,320 |
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33,119,125 |
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Accumulated other comprehensive (loss), net of tax
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(11,034,747 |
) |
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(8,841,517 |
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Retained earnings
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44,983,544 |
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43,701,233 |
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Less: Unearned Employee Stock Ownership Plan shares at cost3
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(1,934,079 |
) |
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(2,109,375 |
) |
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Total equity
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59,586,450 |
|
|
|
60,440,931 |
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Total liabilities and equity
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$ |
209,028,249 |
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$ |
192,162,211 |
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1 Par value $0.01; authorized: 2023 – 10,000,000 shares and 2022 – 10,000,000 shares; issued: 2023 – 3,500,000 shares and 2022 – 3,500,000 shares; outstanding: 2023 – 3,139,598 and 2022 – 3,153,741 shares
2 2023 – 360,402 shares and 2022 – 346,259 shares
3 2023 – 193,408 shares and 2022 – 210,935 shares
ICC Holdings, Inc. and Subsidiaries
Condensed Consolidated Statements of Earnings and Comprehensive Earnings (Unaudited)
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For the Three-Months Ended
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September 30,
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2023
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2022
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Net premiums earned
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$ |
19,233,517 |
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$ |
17,724,441 |
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Net investment income
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|
1,342,258 |
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|
|
1,027,631 |
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Net realized investment gains
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199,928 |
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|
41,206 |
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Net unrealized losses on equity securities
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(1,062,332 |
) |
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(1,084,289 |
) |
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Other income
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51,000 |
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|
85,402 |
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Consolidated revenues
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|
19,764,371 |
|
|
|
17,794,391 |
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Losses and settlement expenses
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13,436,464 |
|
|
|
10,386,524 |
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Policy acquisition costs and other operating expenses
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|
7,029,218 |
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6,360,896 |
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Interest expense on debt
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|
46,409 |
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|
46,409 |
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General corporate expenses
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|
220,092 |
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|
189,708 |
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Total expenses
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20,732,183 |
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|
16,983,537 |
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(Loss) earnings before income taxes
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(967,812 |
) |
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|
810,854 |
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Total income tax (benefit) expense
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|
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(198,850 |
) |
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|
181,114 |
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Net (loss) earnings
|
|
$ |
(768,962 |
) |
|
$ |
629,740 |
|
| |
|
|
|
|
|
|
|
|
|
Other comprehensive loss, net of tax
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|
|
(3,025,254 |
) |
|
|
(3,408,937 |
) |
|
Comprehensive loss
|
|
$ |
(3,794,216 |
) |
|
$ |
(2,779,197 |
) |
| |
|
|
|
|
|
|
|
|
|
Earnings per share:
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|
|
|
|
|
|
|
|
|
Basic:
|
|
|
|
|
|
|
|
|
|
Basic net (loss) earnings per share
|
|
$ |
(0.26 |
) |
|
$ |
0.21 |
|
|
Diluted:
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|
|
|
|
|
|
|
|
|
Diluted net (loss) earnings per share
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|
$ |
(0.26 |
) |
|
$ |
0.20 |
|
| |
|
|
|
|
|
|
|
|
|
Weighted average number of common shares outstanding:
|
|
|
|
|
|
|
|
|
|
Basic
|
|
|
2,945,199 |
|
|
|
3,060,693 |
|
|
Diluted
|
|
|
2,968,808 |
|
|
|
3,074,236 |
|
| |
|
For the Nine-Months Ended
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|
| |
|
September 30,
|
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| |
|
2023
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|
|
2022
|
|
|
Net premiums earned
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|
$ |
55,528,867 |
|
|
$ |
50,765,760 |
|
|
Net investment income
|
|
|
3,798,432 |
|
|
|
2,896,901 |
|
|
Net realized investment gains
|
|
|
268,375 |
|
|
|
785,600 |
|
|
Net unrealized gains (losses) on equity securities
|
|
|
279,100 |
|
|
|
(6,181,492 |
) |
|
Other income
|
|
|
160,714 |
|
|
|
333,059 |
|
|
Consolidated revenues
|
|
|
60,035,488 |
|
|
|
48,599,828 |
|
|
Losses and settlement expenses
|
|
|
36,698,631 |
|
|
|
34,390,330 |
|
|
Policy acquisition costs and other operating expenses
|
|
|
20,823,605 |
|
|
|
18,136,104 |
|
|
Interest expense on debt
|
|
|
137,713 |
|
|
|
149,661 |
|
|
General corporate expenses
|
|
|
616,304 |
|
|
|
563,626 |
|
|
Total expenses
|
|
|
58,276,253 |
|
|
|
53,239,721 |
|
|
Earnings (loss) before income taxes
|
|
|
1,759,235 |
|
|
|
(4,639,893 |
) |
|
Total income tax expense (benefit)
|
|
|
363,164 |
|
|
|
(980,726 |
) |
|
Net earnings (loss)
|
|
$ |
1,396,071 |
|
|
$ |
(3,659,167 |
) |
| |
|
|
|
|
|
|
|
|
|
Other comprehensive loss, net of tax
|
|
|
(2,193,230 |
) |
|
|
(12,370,138 |
) |
|
Comprehensive loss
|
|
$ |
(797,159 |
) |
|
$ |
(16,029,305 |
) |
| |
|
|
|
|
|
|
|
|
|
Earnings per share:
|
|
|
|
|
|
|
|
|
|
Basic:
|
|
|
|
|
|
|
|
|
|
Basic net earnings (loss) per share
|
|
$ |
0.47 |
|
|
$ |
(1.20 |
) |
|
Diluted:
|
|
|
|
|
|
|
|
|
|
Diluted net earnings (loss) per share
|
|
$ |
0.47 |
|
|
$ |
(1.19 |
) |
| |
|
|
|
|
|
|
|
|
|
Weighted average number of common shares outstanding:
|
|
|
|
|
|
|
|
|
|
Basic
|
|
|
2,945,686 |
|
|
|
3,061,961 |
|
|
Diluted
|
|
|
2,969,295 |
|
|
|
3,075,504 |
|
v3.23.3
Document And Entity Information
|
Nov. 07, 2023 |
| Document Information [Line Items] |
|
| Entity, Registrant Name |
ICC Holdings, Inc.
|
| Document, Type |
8-K
|
| Document, Period End Date |
Nov. 07, 2023
|
| Entity, Incorporation, State or Country Code |
PA
|
| Entity, File Number |
1-681903
|
| Entity, Tax Identification Number |
81-3359409
|
| Entity, Address, Address Line One |
225 20th Street
|
| Entity, Address, City or Town |
Rock Island
|
| Entity, Address, State or Province |
IL
|
| Entity, Address, Postal Zip Code |
61201
|
| City Area Code |
309
|
| Local Phone Number |
793-1700
|
| Written Communications |
false
|
| Soliciting Material |
false
|
| Pre-commencement Tender Offer |
false
|
| Pre-commencement Issuer Tender Offer |
false
|
| Title of 12(b) Security |
Common Stock
|
| Trading Symbol |
ICCH
|
| Security Exchange Name |
NASDAQ
|
| Entity, Emerging Growth Company |
false
|
| Amendment Flag |
false
|
| Entity, Central Index Key |
0001681903
|
| X |
- DefinitionBoolean flag that is true when the XBRL content amends previously-filed or accepted submission.
| Name: |
dei_AmendmentFlag |
| Namespace Prefix: |
dei_ |
| Data Type: |
xbrli:booleanItemType |
| Balance Type: |
na |
| Period Type: |
duration |
|
| X |
- DefinitionFor the EDGAR submission types of Form 8-K: the date of the report, the date of the earliest event reported; for the EDGAR submission types of Form N-1A: the filing date; for all other submission types: the end of the reporting or transition period. The format of the date is YYYY-MM-DD.
| Name: |
dei_DocumentPeriodEndDate |
| Namespace Prefix: |
dei_ |
| Data Type: |
xbrli:dateItemType |
| Balance Type: |
na |
| Period Type: |
duration |
|
| X |
- DefinitionThe type of document being provided (such as 10-K, 10-Q, 485BPOS, etc). The document type is limited to the same value as the supporting SEC submission type, or the word 'Other'.
| Name: |
dei_DocumentType |
| Namespace Prefix: |
dei_ |
| Data Type: |
dei:submissionTypeItemType |
| Balance Type: |
na |
| Period Type: |
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|
| X |
- DefinitionAddress Line 1 such as Attn, Building Name, Street Name
| Name: |
dei_EntityAddressAddressLine1 |
| Namespace Prefix: |
dei_ |
| Data Type: |
xbrli:normalizedStringItemType |
| Balance Type: |
na |
| Period Type: |
duration |
|
| X |
- Definition
+ References
+ Details
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dei_EntityAddressCityOrTown |
| Namespace Prefix: |
dei_ |
| Data Type: |
xbrli:normalizedStringItemType |
| Balance Type: |
na |
| Period Type: |
duration |
|
| X |
- DefinitionCode for the postal or zip code
| Name: |
dei_EntityAddressPostalZipCode |
| Namespace Prefix: |
dei_ |
| Data Type: |
xbrli:normalizedStringItemType |
| Balance Type: |
na |
| Period Type: |
duration |
|
| X |
- DefinitionName of the state or province.
| Name: |
dei_EntityAddressStateOrProvince |
| Namespace Prefix: |
dei_ |
| Data Type: |
dei:stateOrProvinceItemType |
| Balance Type: |
na |
| Period Type: |
duration |
|
| X |
- DefinitionA unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK. Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 12
-Subsection b-2
| Name: |
dei_EntityCentralIndexKey |
| Namespace Prefix: |
dei_ |
| Data Type: |
dei:centralIndexKeyItemType |
| Balance Type: |
na |
| Period Type: |
duration |
|
| X |
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-Publisher SEC
-Name Exchange Act
-Number 240
-Section 12
-Subsection b-2
| Name: |
dei_EntityEmergingGrowthCompany |
| Namespace Prefix: |
dei_ |
| Data Type: |
xbrli:booleanItemType |
| Balance Type: |
na |
| Period Type: |
duration |
|
| X |
- DefinitionCommission file number. The field allows up to 17 characters. The prefix may contain 1-3 digits, the sequence number may contain 1-8 digits, the optional suffix may contain 1-4 characters, and the fields are separated with a hyphen.
| Name: |
dei_EntityFileNumber |
| Namespace Prefix: |
dei_ |
| Data Type: |
dei:fileNumberItemType |
| Balance Type: |
na |
| Period Type: |
duration |
|
| X |
- DefinitionTwo-character EDGAR code representing the state or country of incorporation.
| Name: |
dei_EntityIncorporationStateCountryCode |
| Namespace Prefix: |
dei_ |
| Data Type: |
dei:edgarStateCountryItemType |
| Balance Type: |
na |
| Period Type: |
duration |
|
| X |
- DefinitionThe exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC. Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 12
-Subsection b-2
| Name: |
dei_EntityRegistrantName |
| Namespace Prefix: |
dei_ |
| Data Type: |
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na |
| Period Type: |
duration |
|
| X |
- DefinitionThe Tax Identification Number (TIN), also known as an Employer Identification Number (EIN), is a unique 9-digit value assigned by the IRS. Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 12
-Subsection b-2
| Name: |
dei_EntityTaxIdentificationNumber |
| Namespace Prefix: |
dei_ |
| Data Type: |
dei:employerIdItemType |
| Balance Type: |
na |
| Period Type: |
duration |
|
| X |
- DefinitionLocal phone number for entity.
| Name: |
dei_LocalPhoneNumber |
| Namespace Prefix: |
dei_ |
| Data Type: |
xbrli:normalizedStringItemType |
| Balance Type: |
na |
| Period Type: |
duration |
|
| X |
- DefinitionBoolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act. Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 13e
-Subsection 4c
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dei_PreCommencementIssuerTenderOffer |
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dei_ |
| Data Type: |
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| Period Type: |
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|
| X |
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-Publisher SEC
-Name Exchange Act
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-Section 14d
-Subsection 2b
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dei_PreCommencementTenderOffer |
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dei_ |
| Data Type: |
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| Period Type: |
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| X |
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-Name Exchange Act
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dei_ |
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-Publisher SEC
-Name Exchange Act
-Number 240
-Section 12
-Subsection d1-1
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dei_SecurityExchangeName |
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dei_ |
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dei:edgarExchangeCodeItemType |
| Balance Type: |
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| X |
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-Publisher SEC
-Name Exchange Act
-Section 14a
-Number 240
-Subsection 12
| Name: |
dei_SolicitingMaterial |
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dei_ |
| Data Type: |
xbrli:booleanItemType |
| Balance Type: |
na |
| Period Type: |
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| X |
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dei_TradingSymbol |
| Namespace Prefix: |
dei_ |
| Data Type: |
dei:tradingSymbolItemType |
| Balance Type: |
na |
| Period Type: |
duration |
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| X |
- DefinitionBoolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as written communications pursuant to Rule 425 under the Securities Act. Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Securities Act
-Number 230
-Section 425
| Name: |
dei_WrittenCommunications |
| Namespace Prefix: |
dei_ |
| Data Type: |
xbrli:booleanItemType |
| Balance Type: |
na |
| Period Type: |
duration |
|
ICC (NASDAQ:ICCH)
과거 데이터 주식 차트
부터 1월(1) 2025 으로 2월(2) 2025
ICC (NASDAQ:ICCH)
과거 데이터 주식 차트
부터 2월(2) 2024 으로 2월(2) 2025
