UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 13F
FORM 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: December 31, 2003
Check here if Amendment [_]; Amendment Number:
This Amendment (Check only one): [_] is a restatement.
[_] adds new holdings entries.
Institutional Investment Manager:
Name: United Fire & Casualty Company
Address: 118 Second Ave., S.E.
Cedar Rapids, IA 52407
Form 13F File Number: 28-6427
The institutional investment manager filing this report and the person by whom
it is signed hereby represent that the person signing the report is authorized
to submit it, that all information contained herein is true, correct and
complete, and that it is understood that all required items, statements,
schedules, lists, and tables, are considered integral parts of this form.
Person Signing this Report on Behalf of the Reporting Manager:
Name: Dianne M. Lyons
Title: Controller
Phone: 319-399-5723
Signature, Place and Date of Signing:
/s/ Dianne M. Lyons Cedar Rapids, IA 02-16-04
----------------------------------------
Dianne M. Lyons
Report Type (Check only one.):
[X] 13F HOLDINGS REPORT. (Check here if all holdings of this reporting manager
are reported in this report.)
[_] 13F NOTICE. (Check here if no holdings reported are in this report, and all
holdings are reported by other reporting manager(s).)
[_] 13F COMBINATION REPORT. (Check here if a portion of the holdings for this
reporting manager are reported in this report and a portion are reported by
other reporting manager(s).)
FORM 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 0
Form 13F Information Table Entry Total: 191
Form 13F Information Table Value Total: $ 142,408 (in thousands)
List of Other Included Managers: NONE
FORM 13F INFORMATION TABLE
TITLE OF VALUE SHARES/ SH/ PUT/ INVSTMNT OTHER ---VOTING AUTHORITY--
NAME OF ISSUER CLASS CUSIP (x $1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE
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AT&T Wireless Services Inc. Common 00209A-10-6 64 8,000 Defined 8,000
Abbott Laboratories Common 002824-10-0 7,456 160,000 Sole 160,000
ACME Communications Inc. Common 004631-10-7 18 2,000 Defined 2,000
Agilysys Inc Common 00847J-10-5 2,578 231,187 Sole 231,187
Agilysys Inc Common 00847J-10-5 539 48,384 Sole 48,384
Alcoa Inc Common 013817-10-1 76 2,000 Defined 2,000
Alderwoods Group Inc Common 014383-10-3 362 38,421 Sole 38,421
Allegheny Energy Inc. Common 017361-10-6 64 5,000 Defined 5,000
Alliant Energy Common 018802-10-8 172 6,900 Defined 6,900
Alliant Energy Corporation Common 018802-10-8 996 40,000 Sole 40,000
Alliant Energy Corporation Common 018802-10-8 2,047 82,200 Sole 82,200
Allied Capital Corp Common 01903Q-10-8 84 3,000 Defined 3,000
ALLTEL Corporation Common 020039-10-3 466 10,000 Sole 10,000
ALLTEL Corporation Common 020039-10-3 117 2,518 Sole 2,518
American Capital Strategies Ltd Common 024937-10-4 89 3,000 Defined 3,000
American Express Co Common 025816-10-9 176 3,650 Defined 3,650
American Express Co. Common 025816-10-9 121 2,500 Defined 2,500
American Power Conversion Corp Common 029066-10-7 61 2,500 Defined 2,500
American Strategic Inc Port II Common 030099-10-5 355 25,420 Sole 25,420
Anadarko Petroleum Common 032511-10-7 102 2,000 Defined 2,000
Anheuser-Busch Companies Inc Common 035229-10-3 211 4,000 Sole 4,000
Annaly Mortgage Management Inc Common 035710-40-9 92 5,000 Defined 5,000
Applied Materials Inc Common 038222-10-5 171 7,600 Defined 7,600
Archer Daniels Midland Common 039483-10-2 30 2,000 Defined 2,000
Automatic Data Processing Common 053015-10-3 147 3,700 Defined 3,700
Avery Dennison Corp. Common 053611-10-9 123 2,200 Defined 2,200
Aztar Corp. Common 054802-10-3 68 3,000 Defined 3,000
BCE Inc Common 05534B-10-9 362 16,200 Sole 16,200
BP ADR PLC Common 055622-10-4 99 2,000 Defined 2,000
BRE Properties Inc Common 05564E-10-6 601 18,000 Sole 18,000
Bank Of America Corp Common 060505-10-4 80 1,000 Defined 1,000
Bank of America Corporation Common 060505-10-4 5,630 70,000 Sole 70,000
Bank One Corporation Common 06423A-10-3 1,994 43,740 Sole 43,740
Barnes & Noble Inc Common 067774-10-9 66 2,000 Defined 2,000
Becton Dickinson & Co Common 075887-10-9 82 2,000 Defined 2,000
Bell South Corporation Common 079860-10-2 453 16,000 Sole 16,000
Belo Corp. Common 080555-10-5 57 2,000 Defined 2,000
Bemis Company Inc Common 081437-10-5 785 15,700 Sole 15,700
Black & Decker Corp Common 091797-10-0 74 1,500 Defined 1,500
Boeing Company Common 097023-10-5 1,264 30,000 Sole 30,000
Boeing Company Common 097023-10-5 211 5,000 Sole 5,000
Boise Cascade Corp. Common 097383-10-3 49 1,500 Defined 1,500
Burlington Northern Santa Fe Common 12189T-10-4 523 16,158 Sole 16,158
Burlington Resources Inc Common 122014-10-3 386 6,972 Sole 6,972
CH Energy Group, Inc. Common 12541M-10-2 47 1,000 Defined 1,000
CMS Energy Corp. Common 125896-10-0 43 5,000 Defined 5,000
CVS Corp Delaware Common 126650-10-0 179 4,950 Defined 4,950
Cablevision Sys. NY Group A Common 12686C-10-9 140 6,000 Defined 6,000
Cardinal Health Inc. Common 14149Y-10-8 164 2,675 Defined 2,675
Cardinal Health Common 14149Y-10-8 92 1,500 Defined 1,500
Cincinnati Bell Common 171871-10-6 51 10,000 Defined 10,000
Cincinnati Financial Corp Common 172062-10-1 12,128 290,500 Sole 290,500
Citigroup Inc Common 172967-10-1 177 3,650 Defined 3,650
Citizens Communications Corp. Common 17453B-10-1 62 5,000 Defined 5,000
Commonwealth Tel. Enterprises Com Common 203349-10-5 76 2,000 Defined 2,000
Computer Sciences Corp Common 205363-10-4 88 2,000 Defined 2,000
ConocoPhillips Common 20825C-10-4 66 1,000 Defined 1,000
Crane Co. Common 224399-10-5 46 1,500 Defined 1,500
Cummins Inc Common 231021-10-6 245 5,000 Sole 5,000
Cummins Inc Common 231021-10-6 712 14,545 Sole 14,545
Dana Corp. Common 235811-10-6 55 3,000 Defined 3,000
Dean Foods Company Common 242370-10-4 1,586 48,261 Sole 48,261
Del Monte Foods Co. Com Common 24522P-10-3 83 8,000 Defined 8,000
Del Monte Foods Co Common 24522P-10-3 209 20,097 Sole 20,097
Dial Corp. Common 25247D-10-1 114 4,000 Defined 4,000
Dow Chemical Company Common 260543-10-3 2,494 60,000 Sole 60,000
Dreyers Grand Ice Cream Hldg Common 261878-10-2 117 1,500 Defined 1,500
Duke Energy Corp. Common 264399-10-6 102 5,000 Defined 5,000
Duke Energy Corporation Common 264399-10-6 1,636 80,000 Sole 80,000
Duquense Lt. Holdings Com. Common 266233-10-5 92 5,000 Defined 5,000
Duquesne Light Holdings Inc Common 266233-10-5 642 35,000 Sole 35,000
Emerson Electric Co Common 291011-10-4 408 6,300 Sole 6,300
Exxon Mobil Corp Common 30231G-10-2 162 3,950 Defined 3,950
Exxon Mobil Corporation Common 30231G-10-2 1,640 40,000 Sole 40,000
Fairchild Corp. Cl A Common 303698-10-4 25 5,000 Defined 5,000
Fedders Corp. New Com. Common 313135-50-1 22 3,000 Defined 3,000
Federal Home Loan Common 313400-30-1 58 1,000 Defined 1,000
Fannie Mae Common 313586-10-9 176 2,350 Defined 2,350
Federal National Mortgage Association Common 313586-10-9 113 1,500 Defined 1,500
Federal Signal Corporation Common 313855-10-8 1,312 74,864 Sole 74,864
Fedex Corp Common 31428X-10-6 68 1,000 Defined 1,000
Ferro Corp. Common 315405-10-0 82 3,000 Defined 3,000
Fidelity National Financial In Common 316326-10-7 640 16,508 Sole 16,508
First Data Corp. Common 319963-10-4 164 4,000 Defined 4,000
First Data Corp Common 319963-10-4 103 2,500 Defined 2,500
Fiserv Inc Common 337738-10-8 79 2,000 Defined 2,000
Fisher Communications Inc. Common 337756-20-9 45 900 Defined 900
Flowserve Corp. Com. Common 34354P-10-5 21 1,000 Defined 1,000
Arthur J Gallagher & Co Common 363576-10-9 335 10,321 Sole 10,321
Gencorp Inc. Common 368682-10-0 54 5,000 Defined 5,000
General Elec Co Common 369604-10-3 166 5,350 Defined 5,350
General Electric Company Common 369604-10-3 6,506 210,000 Sole 210,000
General Mills Common 370334-10-4 91 2,000 Defined 2,000
Genuine Parts Co. Common 372460-10-5 50 1,500 Defined 1,500
Gray Television Inc. Common 389375-10-6 30 2,000 Defined 2,000
Greater Bay Bancorp Common 391648-10-2 570 20,000 Sole 20,000
Gucci Group NY Common 401566-10-4 128 1,500 Defined 1,500
Health Management Assoc Inc Class A Common 421933-10-2 108 4,500 Defined 4,500
Heinz, HJ Company Common 423074-10-3 36 1,000 Defined 1,000
H J Heinz Company Common 423074-10-3 1,639 45,000 Sole 45,000
Hewlett Packard Co Common 428236-10-3 183 7,949 Defined 7,949
Hewlett Packard Company Common 428291-10-8 92 4,000 Defined 4,000
Home Depot Inc Common 437076-10-2 169 4,750 Defined 4,750
Honeywell International Inc Common 438516-10-6 181 5,400 Defined 5,400
Honeywell Int'l Inc. Common 438516-10-6 100 3,000 Defined 3,000
Honeywell International Inc Common 438516-10-6 50 1,500 Defined 1,500
Honeywell International Inc Common 438516-10-6 836 25,000 Sole 25,000
ITT Industries Common 450911-10-2 74 1,000 Defined 1,000
Inamed Corp. Com Common 453235-10-3 36 750 Defined 750
Intel Corp Common 458140-10-0 181 5,650 Defined 5,650
Intel Corp Common 458140-10-0 48 1,500 Defined 1,500
Intel Corporation Common 458140-10-0 321 10,000 Sole 10,000
Intl. Multifoods Corp. Common 460043-10-2 72 4,000 Defined 4,000
J P Morgan Chase & Co Common 46625h-10-0 165 4,500 Defined 4,500
Johnson & Johnson Common 478160-10-4 160 3,100 Defined 3,100
Johnson & Johnson Common 478160-10-4 1,550 30,000 Sole 30,000
Johnson Controls Inc Common 478366-10-7 58 500 Defined 500
King Pharmaceuticals Inc Common 495582-10-8 76 5,000 Defined 5,000
Knight Ridder Inc. Common 499040-10-3 77 1,000 Defined 1,000
Kroger Co Common 501044-10-1 93 5,000 Defined 5,000
Liberty Corp. Common 530370-10-5 45 1,000 Defined 1,000
Liberty Media Corp. Series A Common 530718-10-5 119 10,000 Defined 10,000
Lin TV Corp. Common 532774-10-6 52 2,000 Defined 2,000
MBIA Inc Common 55262C-10-0 89 1,500 Defined 1,500
Merrill Lynch & Co Inc Common 590188-10-8 164 2,800 Defined 2,800
Microsoft Corp. Common 594918-10-4 121 4,425 Defined 4,425
Midas Group Inc. Com Common 595626-10-2 14 1,000 Defined 1,000
Modine Mfg. Co. Common 607828-10-0 27 1,000 Defined 1,000
Mylan Labs Common 628530-10-7 88 3,500 Defined 3,500
New York Times Co Class A Common 650111-10-7 48 1,000 Defined 1,000
Newell Rubbermaid Inc Common 651229-10-6 814 35,766 Sole 35,766
Nicor Inc Common 654086-10-7 1,021 30,000 Sole 30,000
Nisource Inc Common 65473P-10-5 114 5,200 Defined 5,200
Nokia Corp. Common 654902-20-4 156 9,200 Defined 9,200
Nstar Common 67019E-10-7 49 1,000 Defined 1,000
Ohio Casualty Corporation Common 677240-10-3 174 10,000 Sole 10,000
Old Republic Intl Corp Common 680223-10-4 95 3,250 Defined 3,250
Old Republic International Cor Common 680223-10-4 3,925 154,752 Sole 154,752
Paxson Communications Corp. Common 704231-10-9 19 5,000 Defined 5,000
Penford Corporation Common 707051-10-8 272 20,000 Sole 20,000
Penwest Pharmaceuticals Co. Common 709754-10-5 518 30,000 Sole 30,000
PepsiAmericas Common 713448-10-8 43 2,500 Defined 2,500
PepsiCo Inc Common 713448-10-8 932 20,000 Sole 20,000
Pfizer Incorporated Common 717081-10-3 171 4,850 Defined 4,850
Pfizer Inc Common 717081-10-3 71 2,000 Defined 2,000
Procter & Gamble Company Common 742718-10-9 2,797 28,000 Sole 28,000
Progress Energy Inc Common 743263-10-5 866 19,131 Sole 19,131
Pulitzer Inc. Common 745769-10-9 81 1,500 Defined 1,500
QCR Holdings Inc Common 74727A-10-4 1,273 45,454 Sole 45,454
Readers Digest Assn. Common 755267-10-1 29 2,000 Defined 2,000
Roto Rooter Inc. Common 778787-10-1 92 2,000 Defined 2,000
SBC Communications Inc Common 78387G-10-3 2,058 78,960 Sole 78,960
SAFECO Corporation Common 786429-10-0 1,557 40,000 Sole 40,000
SAFECO Corporation Common 786429-10-0 255 6,550 Sole 6,550
Schering Plough Corp Common 806605-10-1 170 9,750 Defined 9,750
Schering-Plough Corporation Common 806605-10-1 174 10,000 Sole 10,000
Scripps E W Co. Cl A Common 811054-20-4 47 500 Defined 500
Sensient Technologies Corp. Common 81725T-10-0 59 3,000 Defined 3,000
Shopko Stores Inc Common 824911-10-1 305 20,000 Sole 20,000
Sprint Corp. PCS Common 852061-50-6 56 10,000 Defined 10,000
TXU Corporation Common 873168-10-8 712 30,000 Sole 30,000
Target Corp Common 87612E-10-6 106 2,750 Defined 2,750
Texas Instruments Common 882508-10-4 181 6,175 Defined 6,175
Thomas & Betts Corp. Common 884315-10-2 92 4,000 Defined 4,000
Thomas Inds. Inc. Common 884425-10-9 35 1,000 Defined 1,000
Time Warner Common 887317-10-5 162 9,000 Defined 9,000
Titan Corp. Common 888266-10-3 109 5,000 Defined 5,000
TPG NV Common 892339-10-2 95 4,034 Sole 4,034
Tribune Co. Common 896047-10-7 52 1,000 Defined 1,000
US Bancorp Common 902973-30-4 186 6,250 Defined 6,250
U S Bancorp Common 902973-30-4 22,998 772,250 Sole 772,250
U S Bancorp Common 902973-30-4 1,810 60,784 Sole 60,784
Unisource Energy Corp. Common 909205-10-6 123 5,000 Defined 5,000
United Fire & Casualty Co. Common 910331-10-7 4,078 101,029 Defined 101,029
United States Cellular Corp. Common 911684-10-8 142 4,000 Defined 4,000
United Technologies Corp. Common 913017-10-9 47 500 Defined 500
Vectren Corporation Common 92240G-10-1 657 26,658 Sole 26,658
Verizon Communications Com Common 92343V-10-4 123 3,500 Defined 3,500
Verizon Communications Inc Common 92343V-10-4 561 16,000 Sole 16,000
Verizon Communications Inc Common 92343V-10-4 724 20,648 Sole 20,648
Viacom Inc. Common 925524-10-0 44 1,000 Defined 1,000
Vivendi Universal ADR Common 92851S-20-4 49 2,000 Defined 2,000
Wachovia Corporation Common 929903-10-2 1,398 30,008 Sole 30,008
Washington Mutual Inc Common 939322-10-3 120 3,000 Defined 3,000
Watts Water Technologies Common 942749-10-2 44 2,000 Defined 2,000
Wells Fargo & Company Common 949746-10-1 6,900 117,176 Sole 117,176
Wintrust Financial Corporation Common 97650W-10-8 10,397 230,523 Sole 230,523
Wyeth Corp Common 983024-10-0 144 3,400 Defined 3,400
Xcel Energy Inc Common 98389B-10-0 110 6,500 Defined 6,500
Xcel Energy, Inc. Common 98389B-10-0 849 50,000 Sole 50,000
Young Broadcasting Inc. Common 987434-10-7 100 5,000 Defined 5,000
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Report Summary 191 Data Records $ 142,408 0 other managers on whose behalf report is filed