8-K

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

Date of Report (Date of earliest event reported) April 8, 2015

First Trinity Financial Corporation

(Exact Name of registrant as specified in its charter)

Commission File No.        000-52613

Oklahoma	34-1991436
(State or other jurisdiction	(I.R.S. Employer Identification No.)
of incorporation or organization)

7633 E 63rd Place, Suite 230, Tulsa, OK	74133
(Address of principal executive offices)	(Zip Code)

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 (see General Instruction A.2. below):

[ ] 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))

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Item 2.02 Results of Operations and Financial Condition

On April 8, 2015, the Registrant, First Trinity Financial Corporation (“First Trinity”), issued a press release announcing its operating results for the year ending December 31, 2014 (the “Press Release”). A copy of the Press Release is attached hereto as Exhibit 99.1.

The information in this Form 8-K and the Exhibit attached hereto pertaining to the Company’s financial results shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, except as shall be expressly set forth by specific reference in such filing.

Item 9.01 Financial Statements and Exhibits

Filed herewith is the following:

Exhibit No.  Description

99.1 Press Release of April 8, 2015 relating to the announcement of First Trinity Financial Corporation’s 2014 operating results.

SIGNATURE

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.

	First Trinity Financial Corporation
Date: April 13, 2015	By:	/s/ Gregg Zahn
		Gregg E. Zahn
		President and Chief Executive Officer

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EX-99.1

Exhibit 99.1

April 8, 2015

Tulsa, Oklahoma

First Trinity Financial Corporation Reports Growth in 2014 Earning

Tulsa based First Trinity Financial Corporation (“First Trinity Financial”), along with its subsidiaries, Trinity Life Insurance Company and Family Benefit Life Insurance Company, reported increased growth, expansion and profits in 2014.

Consolidated Net Income and Revenues

Net Income more than doubled in 2014, with a 116.5 percent increase from $889,323 in 2013 to $1.9 million in 2014.  Net income in 2014 was First Trinity Financial's highest earnings year-to-date excluding the 2011 net income which included a net gain of $6.9 million from the acquisition of Family Benefit Life Insurance Company.

Revenues for 2014 reached an all-time high for the company. First Trinity Financial reported consolidated revenue of $17.8 million, up more than 10.7 percent over 2013. Revenue was driven by life insurance premiums, investment income and realized gains on investments.

"First Trinity Financial had a great year in 2014," Gregg Zahn, CEO of First Trinity Financial said. "Our strength and sustainability shows in our numbers."

Assets

First Trinity Financial's combined assets grew 19.6 percent, from $183 million to $219 million, an increase of $36 million. This growth in assets was primarily attributed to the organic growth of its life companies. First Trinity Financial’s asset growth has exceeded all projections to date.

"First Trinity Financial has grown substantially over the past couple years and 2014 was no different," said Zahn. "We have great momentum heading into 2015."

Investments

Over the past several years, First Trinity Financial has seen steady growth in both net investment income and realized investment gains. In 2014, net investment income and net realized gains increased to $9.7 million from $8.1 million in 2013, an 18.9% increase.

"We've seen an increase in our net investment income and net realized gains due to several factors including the exponential increase in invested assets over the past several years and the decision to diversify our investment portfolio," Zahn said.

Statutory Life and Annuity Premiums

The combined statutory premiums and annuity considerations from First Trinity Financial's life insurance operations grew 31 percent from $29.4 million in 2013 to $38.6 million in 2014, an increase of $9.2 million.  This increase was a direct result of the organic growth of First Trinity Financial's life insurance subsidiaries, Trinity Life Insurance Company and Family Benefit Life Insurance Company.

States of Operations

Trinity Life Insurance Company and Family Benefit Life Insurance Company are now licensed in 24 states. In 2014, Family Benefit Life Insurance Company was approved to conduct business in Georgia, Louisiana, Michigan, Mississippi, North Carolina, Ohio, Tennessee, Virginia and pending approval in Alabama. This more than exceeds Zahn's expectations from the past years.  

"After successfully expanding our services through the south and southeastern portion of the United States, I have never been so optimistic for the company's future," Zahn said. "We have additional expansion plans and look forward to better serving our customers."

About First Trinity Financial

First Trinity Financial Corporation is an insurance holding company based in Tulsa, Oklahoma. First Trinity Financial operates two life insurance subsidiaries, Trinity Life Insurance Company, Tulsa, Oklahoma, and Family Benefit Life Insurance Company, Jefferson City, Missouri, and are focused on term life insurance, whole life insurance and annuities.

In a series of stock offerings, First Trinity Financial successfully raised $26.4 million through Private Placement and public stock offerings. First Trinity Financial is currently owned by over 4,000 Oklahoma residents. Since inception, First Trinity Financial has dedicated itself to help stem the outflow of capital from our state by providing a broadly held Oklahoma financial services corporation offering innovative, attractive and competitive financial products and financial services.