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): August 16, 2004

THE NATIONAL SECURITY GROUP, INC.
(Exact name of registrant as specified in its charter)

Delaware	0-18649	63-1020300
(State or other jurisdication of incorporation)	(Commission File Number)	(IRS Employer Identification No.)

661 East Davis Street Elba, Alabama 36323	36323
(Address of principal executive offices)	(Zip Code)

Registrant's telephone number, including area code: (334) 897-2273

N/A

(Former name or former address, if changed since last report)

Item 9. Regulation FD Disclosure

In accordance with Securities and Exchange Commission Release No. 33-8216, the following information is furnished to the Securities and Exchange Commission pursuant to Item 12, “Disclosure of Results of Operations and Financial Condition.” This information shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing.

On August 13, 2004, The National Security Group, Inc. issued a press release announcing selected operating results for the quarter ended June 30, 2004. A copy of this press release is attached as Exhibit 99.1 to this report and is incorporated herein by reference.

Exhibit Index

Exhibit No.      Description of Document

     99.1             Press release, dated August 13,2004, issued by The National Security Group, Inc.

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.

        Dated: August 16, 2004

The National Security Group, Inc.


BY: /S/ Brian R. McLeod
——————————————
Brian R. McLeod
Chief Financial Officer

EX-99.1

The National Security Group, Inc.                                                                                                                       EXHIBIT 99.1
661 East Davis StreetPost
Office Box 703Elba,
Alabama 36323

PRESS RELEASE

FOR IMMEDIATE RELEASE

For Additional Information Contact: Brian R. McLeod, Chief Financial Officer, at (334) 897-2273 Ext. 241.

Elba, Alabama (August 13, 2004)…Results for the three months and six months ended June 30, 2004 and 2003, based on accounting principles generally accepted in the United States of America, were reported today as follows:

	Three Months Ended June 30				Six Months Ended June 30
	2004		2003		2004		2003
Premium Income	$	14,105,000	$	12,025,000	$	27,900,000	$	21,952,000
Investment Income		1,187,000		1,183,000		2,238,000		2,242,000
Realized Investment Gains		699,000		595,000		1,086,000		661,000
Rental Revenue	$	424,000	$	307,000	$	798,000	$	565,000
Franchise Fees	$	105,000	$	--	$	105,000	$	--
Other Income		333,000		333,000		678,000		701,000
Total Revenues	$	16,853,000	$	14,443,000	$	32,805,000	$	26,121,000
Net Income	$	2,444,000	$	1,326,000	$	3,497,000	$	2,096,000
Net Income Per Share	$	0.99	$	0.54	$	1.42	$	0.85

The National Security Group, Inc., through its property & casualty and life insurance subsidiaries, offer property, casualty, life, accident and health insurance in twelve states. Additional investor related information on the Company can be obtained by visiting the Company website, www.nationalsecuritygroup.com or by contacting the Company directly as listed below.

NASDAQ Symbol: NSEC

Contact: Brian R. McLeod, Treasurer and Chief Financial Officer
The National Security Group, Inc
.661 East Davis Street
Post Office Box 703
Elba, Alabama 36323
(334) 897-2273, ext. 241