Citizens, inc. (CIA)
Income statement / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Sep'10Jun'10
Earnings Per Share [Abstract]
Revenues:
Premiums:
Life insurance

39,946

50,556

44,502

42,313

40,980

48,767

45,898

44,631

42,529

52,739

48,644

46,155

43,804

53,617

47,513

47,351

42,773

50,820

47,219

46,748

42,899

50,559

45,234

44,667

41,397

45,955

42,091

42,223

39,414

44,562

41,257

39,945

37,406

42,297

38,639

38,231

35,611

36,433

35,085

Accident and health insurance

261

365

350

345

323

303

323

301

291

359

360

345

328

376

385

395

390

416

387

421

375

422

394

390

351

394

380

406

349

391

414

417

413

410

383

396

372

392

409

Property insurance

1,110

1,149

1,157

1,146

1,161

1,202

1,208

1,198

1,209

1,255

1,243

1,239

1,249

1,265

1,274

1,261

1,276

1,310

1,302

1,291

1,292

1,286

1,295

1,272

1,265

1,288

1,276

1,205

1,177

1,276

1,281

1,234

1,277

1,275

1,277

1,259

1,245

1,230

1,182

Net investment income

15,169

15,381

15,039

15,315

13,796

13,036

13,587

13,811

13,771

13,506

13,828

13,073

12,739

12,509

12,320

12,000

11,731

12,187

11,325

11,201

11,069

10,689

10,384

10,083

9,906

9,373

9,570

9,265

8,389

8,422

8,114

7,612

7,577

7,818

7,478

7,503

7,300

7,272

8,275

Realized investment gains (losses), net

-1,306

2,085

72

-2,869

5,961

1,359

-498

-178

-575

-224

-404

-117

1,263

-209

46

-26

-1,796

-2,973

-2,407

-8

-71

332

-222

-73

-56

-390

30

82

31

-911

763

246

98

724

35

-13

19

-103

692

Decrease in fair value of warrants

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-137

-241

-37

-36

318

-239

-816

-399

128

366

Other income

542

270

347

616

185

903

643

79

208

228

660

157

198

345

203

256

151

445

298

426

296

173

145

163

169

246

269

427

186

193

112

111

98

252

282

104

123

103

151

Total revenue

55,722

69,806

61,467

56,866

62,406

65,570

61,161

59,842

57,433

67,863

64,331

60,852

59,581

67,903

61,741

61,237

54,525

62,205

58,124

60,079

55,860

63,461

57,230

56,502

53,032

56,866

53,616

53,608

49,546

54,070

52,182

49,602

46,905

52,458

48,333

48,296

45,069

45,455

46,160

Benefits and expenses:
Insurance benefits paid or provided:
Claims and surrenders

26,449

28,019

28,751

27,024

23,033

24,259

25,076

20,617

21,151

20,775

21,454

18,952

21,724

20,379

21,014

20,969

19,005

20,708

19,528

19,240

19,403

17,818

17,326

16,668

16,457

16,198

16,763

16,660

14,806

18,166

15,627

16,109

14,754

-

14,803

14,905

-

-

-

Claims and surrenders

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

14,879

15,739

-

Increase in future policy benefit reserves

9,471

13,532

6,409

9,472

12,299

15,131

1,653

16,555

14,608

24,076

19,597

17,820

14,536

23,786

18,997

17,372

15,726

20,726

19,276

19,760

17,298

25,014

19,307

19,979

17,698

21,967

17,398

17,896

16,959

18,883

16,901

16,751

14,141

18,581

14,365

13,000

12,318

11,398

9,783

Policyholders' dividends

1,233

1,875

1,560

1,423

1,182

1,846

1,595

1,614

1,307

1,850

1,613

1,501

1,304

1,847

1,620

1,816

1,549

3,179

2,719

2,540

2,309

3,015

2,573

2,412

2,102

2,799

2,362

2,235

2,074

2,336

2,600

2,281

1,874

2,321

2,169

1,920

1,662

1,977

1,777

Total insurance benefits paid or provided

37,153

43,426

36,720

37,919

36,514

41,236

28,324

38,786

37,066

46,701

42,664

38,273

37,564

46,012

41,631

40,157

36,280

44,613

41,523

41,540

39,010

45,847

39,206

39,059

36,257

40,964

36,523

36,791

33,839

39,385

35,128

35,141

30,769

36,371

31,337

29,825

28,859

29,114

15,094

Commissions

-

-

-

-

-

-

-

-

8,959

-

10,801

9,894

9,925

-

10,852

10,777

9,468

-

11,388

10,805

9,859

-

11,116

10,403

9,910

-

9,940

10,429

-

-

-

-

-

-

-

-

-

-

-

Total insurance benefits paid or provided

37,153

43,426

36,720

37,919

36,514

41,236

28,324

38,786

37,066

46,701

42,664

38,273

37,564

-

41,631

40,157

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

15,094

Commissions

7,853

9,075

8,879

8,384

7,884

-

8,656

8,669

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

9,058

11,234

9,769

9,731

8,664

10,148

9,224

9,930

9,072

9,229

9,028

Other general expenses

11,473

10,829

11,530

11,949

14,132

14,257

12,402

14,466

6,507

19,623

7,254

9,355

10,156

10,624

4,992

8,566

9,174

8,333

6,958

10,445

7,551

16,612

6,029

7,448

6,502

6,386

6,163

7,342

6,699

6,651

6,055

6,342

6,616

6,297

6,642

6,698

6,403

6,587

7,122

Capitalization of deferred policy acquisition costs

5,009

6,031

5,984

5,412

4,828

5,531

5,561

5,640

5,963

7,580

7,756

6,883

6,901

10,475

7,890

8,103

6,264

-

8,482

8,036

6,856

9,454

8,126

7,423

7,068

-

7,067

7,672

-

-

-

-

-

-

-

-

-

-

-

Capitalization of deferred policy acquisition costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-6,362

-

-

-

-

-

-

-

-

-

-

Capitalization of deferred policy acquisition costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

7,547

7,044

5,939

-

6,531

7,364

6,641

6,973

6,978

Amortization of deferred policy acquisition costs

6,119

7,225

7,835

6,931

6,277

8,017

11,412

7,200

7,606

7,050

7,623

7,642

7,375

8,097

6,908

6,879

6,631

6,183

6,271

5,647

5,299

5,705

5,276

4,893

5,209

4,764

4,758

4,363

4,626

5,152

4,134

4,433

4,126

4,368

4,171

4,071

4,238

3,800

5,218

Amortization of cost of customer relationships acquired

368

354

355

418

419

941

366

472

679

500

635

475

519

475

641

402

545

549

605

516

647

584

453

614

531

589

681

560

578

633

598

660

576

885

708

758

647

719

754

Total benefits and expenses

57,957

64,878

59,335

60,189

60,398

67,598

55,599

63,953

54,854

76,998

61,221

58,756

58,638

68,277

57,134

58,678

55,834

63,521

58,263

60,917

55,510

71,886

53,954

54,994

51,341

55,456

50,998

51,813

48,438

54,511

48,137

49,263

44,812

50,779

45,551

43,918

42,578

42,476

41,798

Income (loss) before federal income tax

-2,235

4,928

2,132

-3,323

2,008

-2,028

5,562

-4,111

2,579

-9,135

3,110

2,096

943

-374

4,607

2,559

-1,309

-1,316

-139

-838

350

-8,425

3,276

1,508

1,691

1,410

2,618

1,795

1,108

-441

4,045

339

2,093

1,679

2,782

4,378

2,491

2,979

4,362

Federal income tax expense (benefit)

1,349

-23

86

1,242

5,810

-596

12,671

-1,553

2,542

35,069

-339

1,524

-1,113

-490

1,845

1,077

1,082

441

-242

1,076

-75

2,216

952

358

494

604

794

488

252

-144

1,134

-64

581

-119

729

1,369

869

1,313

1,177

Net income (loss)

-3,584

4,951

2,046

-4,565

-3,802

-1,432

-7,109

-2,558

37

-44,204

3,449

572

2,056

116

2,762

1,482

-2,391

-1,757

103

-1,914

425

-10,641

2,324

1,150

1,197

806

1,824

1,307

856

-297

2,911

403

1,512

1,798

2,053

3,009

1,622

1,666

3,185

Unrealized gains (losses) on available-for-sale debt securities:
Unrealized holding gains (losses) arising during period

-42,929

-

24,201

31,220

28,801

-

-2,236

-12,329

-18,098

-

3,875

4,573

5,137

-

-1,261

16,374

11,333

-

-1,803

-16,778

5,007

-

-1,628

12,296

14,096

-

-4,128

-25,544

96

-

8,542

6,003

2,561

-

15,431

10,495

1,626

-

-

Reclassification adjustments for losses (gains) included in net income

-132

1,897

53

81

-104

1,955

-656

-87

-259

-217

-370

-111

152

-205

47

-20

-1,796

-2,966

-2,405

-8

-36

312

-227

-73

-32

-415

84

73

31

-

-

-

-

-

-

-

-

-

-

Reclassification adjustments for gains included in net income

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-708

-121

-86

-

0

13

-

-

-

Unrealized gains (losses) on available-for-sale debt securities, net

-42,797

-7,294

24,148

31,139

28,905

69

-1,580

-12,242

-17,839

4,298

4,245

4,684

4,985

-27,900

-1,308

16,394

13,129

-7,677

602

-16,770

5,043

4,252

-1,401

12,369

14,128

-4,192

-4,212

-25,617

65

-956

7,834

5,882

2,475

-

15,431

10,508

-

-

-

Income tax expense (benefit) on unrealized gains (losses) on available-for-sale securities

-2,727

-

1,627

2,163

2,025

-

454

-2,571

-3,735

-

1,486

1,639

1,745

-

-458

5,738

4,595

-2,645

210

-5,869

1,765

1,489

-490

4,340

4,954

-1,464

-1,474

-8,953

27

-317

2,878

2,063

896

-

5,460

3,678

-

-

-

Other comprehensive income (loss)

-40,070

-6,626

22,521

28,976

26,880

681

-2,034

-9,671

-14,104

3,496

2,759

3,045

3,240

-18,135

-850

10,656

8,534

-5,032

392

-10,901

3,278

2,763

-911

8,029

9,174

-2,728

-2,738

-16,664

38

-639

4,956

3,819

1,579

-

9,971

6,830

-

-

-

Reclassification adjustments for gains included in net income

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

19

-

-

Unrealized gains on available-for-sale securities, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,607

-

-

Income tax expense on unrealized gains on available-for-sale securities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

562

-

-

Other comprehensive income

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,045

-

-

Comprehensive income (loss)

-43,654

-1,675

24,567

24,411

23,078

-751

-9,143

-12,229

-14,067

-40,708

6,208

3,617

5,296

-18,019

1,912

12,138

6,143

-6,789

495

-12,815

3,703

-7,878

1,413

9,179

10,371

-1,922

-914

-15,357

894

-936

7,867

4,222

3,091

1,785

12,024

9,839

2,667

-

-

Common Stock Class A [Member]
Basic and diluted earnings (loss) per share (in dollars per share)

-0.07

0.10

0.04

-0.09

-0.08

-0.03

-0.14

-0.05

0.00

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Common Stock Class B [Member]
Basic and diluted earnings (loss) per share (in dollars per share)

-0.04

0.05

0.02

-0.04

-0.04

-0.01

-0.07

-0.03

0.00

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-