(State or other jurisdiction of incorporation) | (I.R.S. Employer Identification No.) |
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)) |
(Title of each class) | (Trading Symbol) | (Name of each exchange on which registered) |
Item 9.01 | Financial Statements and Exhibits |
(d) | Exhibits |
104 | Inline XBRL for the cover page of this Current Report on Form 8-K |
CITIZENS, INC. | ||||||||||||||
By: | /s/ Gerald W. Shields | |||||||||||||
Chief Executive Officer and President |
For the periods ended as of | Three months ended March 31 | |||||||
(In thousands, except share data) | 2022 | 2021 | ||||||
Balance sheet data | ||||||||
Total assets | $ | 1,732,961 | 1,781,653 | |||||
Total liabilities | 1,536,059 | 1,540,813 | ||||||
Total stockholders' equity | 196,902 | 240,840 | ||||||
Life insurance in force | 4,152,574 | 4,131,919 | ||||||
Operating items | ||||||||
Insurance premiums | $ | 39,364 | 39,032 | |||||
Net investment income | 15,487 | 15,244 | ||||||
Investment related gains (losses) | (582) | 292 | ||||||
Total Revenues | 55,357 | 55,483 | ||||||
Claims and Surrenders | 28,434 | 30,589 | ||||||
Other general expenses | 11,030 | 11,382 | ||||||
Total benefits and expenses | 56,331 | 58,231 | ||||||
Income (loss) before federal income tax | (974) | (2,748) | ||||||
Federal income tax benefit | 359 | 825 | ||||||
Net income (loss) | (1,333) | (3,573) | ||||||
Per share data | ||||||||
Book value per share | $ | 3.91 | 4.76 | |||||
Basic and diluted earnings (loss) per share of Class A common stock | (0.03) | (0.07) |
For the periods ended as of | Three months ended March 31 | |||||||
(In thousands) | 2022 | 2021 | ||||||
LIFE INSURANCE SEGMENT | ||||||||
Total assets | $ | 1,297,632 | 1,330,637 | |||||
Operating items | ||||||||
Insurance premiums | 26,931 | 27,063 | ||||||
Net investment income | 11,971 | 11,598 | ||||||
Investment related gains (losses) | (293) | (108) | ||||||
Total revenues | 39,697 | 39,466 | ||||||
Claims and Surrenders | 21,458 | 23,270 | ||||||
Total benefits and expenses | 38,667 | 39,572 | ||||||
Income (loss) before federal income tax | 1,030 | (106) | ||||||
HOME SERVICE INSURANCE SEGMENT | ||||||||
Total assets | $ | 378,489 | 386,969 | |||||
Operating items | ||||||||
Insurance premiums | 12,433 | 11,969 | ||||||
Net investment income | 3,244 | 3,345 | ||||||
Investment related gains (losses) | (242) | 223 | ||||||
Total revenues | 15,435 | 15,539 | ||||||
Claims and Surrenders | 6,976 | 7,319 | ||||||
Total benefits and expenses | 16,675 | 16,297 | ||||||
Income (loss) before federal income tax | (1,240) | (758) |
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Cover |
May 05, 2022 |
---|---|
Document Information [Line Items] | |
Document Type | 8-K |
Document Period End Date | May 05, 2022 |
Entity File Number | 000-16509 |
Entity Registrant Name | CITIZENS, INC. |
Entity Incorporation, State or Country Code | CO |
Entity Tax Identification Number | 84-0755371 |
Entity Address, Address Line One | 11815 Alterra Pkwy, Suite 1500 |
Entity Address, City or Town | Austin |
Entity Address, State or Province | TX |
Entity Address, Postal Zip Code | 78758 |
City Area Code | 512 |
Local Phone Number | 837-7100 |
Written Communications | false |
Soliciting Material | false |
Pre-commencement Tender Offer | false |
Pre-commencement Issuer Tender Offer | false |
Title of 12(b) Security | Class A Common Stock |
Trading Symbol | CIA |
Security Exchange Name | NYSE |
Entity Emerging Growth Company | false |
Entity Central Index Key | 0000024090 |
Amendment Flag | false |
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