Citizens, inc. (CIA)
Income statement / TTM
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

177,317

178,351

176,562

177,958

180,276

181,825

185,797

188,543

190,067

191,342

192,220

191,089

192,285

191,254

188,457

188,163

187,560

187,686

187,425

185,440

183,359

181,857

177,253

174,110

171,666

169,683

168,290

167,456

165,178

163,170

160,905

158,287

156,573

154,778

148,914

145,360

0

0

0

Accident and health insurance

1,321

1,383

1,321

1,294

1,250

1,218

1,274

1,311

1,355

1,392

1,409

1,434

1,484

1,546

1,586

1,588

1,614

1,599

1,605

1,612

1,581

1,557

1,529

1,515

1,531

1,529

1,526

1,560

1,571

1,635

1,654

1,623

1,602

1,561

1,543

1,569

0

0

0

Property insurance

4,562

4,613

4,666

4,717

4,769

4,817

4,870

4,905

4,946

4,986

4,996

5,027

5,049

5,076

5,121

5,149

5,179

5,195

5,171

5,164

5,145

5,118

5,120

5,101

5,034

4,946

4,934

4,939

4,968

5,068

5,067

5,063

5,088

5,056

5,011

4,916

0

0

0

Net investment income

60,904

59,531

57,186

55,734

54,230

54,205

54,675

54,916

54,178

53,146

52,149

50,641

49,568

48,560

48,238

47,243

46,444

45,782

44,284

43,343

42,225

41,062

39,746

38,932

38,114

36,597

35,646

34,190

32,537

31,725

31,121

30,485

30,376

30,099

29,553

30,350

0

0

0

Realized investment gains (losses), net

-2,018

5,249

4,523

3,953

6,644

108

-1,475

-1,381

-1,320

518

533

983

1,074

-1,985

-4,749

-7,202

-7,184

-5,459

-2,154

31

-34

-19

-741

-489

-334

-247

-768

-35

129

196

1,831

1,103

844

765

-62

595

0

0

0

Decrease in fair value of warrants

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-451

4

6

-773

-1,136

-1,326

-721

0

0

0

Other income

1,775

1,418

2,051

2,347

1,810

1,833

1,158

1,175

1,253

1,243

1,360

903

1,002

955

1,055

1,150

1,320

1,465

1,193

1,040

777

650

723

847

1,111

1,128

1,075

918

602

514

573

743

736

761

612

481

0

0

0

Total revenue

243,861

250,545

246,309

246,003

248,979

244,006

246,299

249,469

250,479

252,627

252,667

250,077

250,462

245,406

239,708

236,091

234,933

236,268

237,524

236,630

233,053

230,225

223,630

220,016

217,122

213,636

210,840

209,406

205,400

202,759

201,147

197,298

195,992

194,156

187,153

184,980

0

0

0

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

110,243

106,827

103,067

99,392

92,985

91,103

87,619

83,997

82,332

82,905

82,509

82,069

84,086

81,367

81,696

80,210

78,481

78,879

75,989

73,787

71,215

68,269

66,649

66,086

66,078

64,427

66,395

65,259

64,708

64,656

61,293

60,571

0

-

0

0

-

-

-

Claims and surrenders

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

Increase in future policy benefit reserves

38,884

41,712

43,311

38,555

45,638

47,947

56,892

74,836

76,101

76,029

75,739

75,139

74,691

75,881

72,821

73,100

75,488

77,060

81,348

81,379

81,598

81,998

78,951

77,042

74,959

74,220

71,136

70,639

69,494

66,676

66,374

63,838

60,087

58,264

51,081

46,499

0

0

0

Policyholders' dividends

6,091

6,040

6,011

6,046

6,237

6,362

6,366

6,384

6,271

6,268

6,265

6,272

6,587

6,832

8,164

9,263

9,987

10,747

10,583

10,437

10,309

10,102

9,886

9,675

9,498

9,470

9,007

9,245

9,291

9,091

9,076

8,645

8,284

8,072

7,728

7,336

0

0

0

Total insurance benefits paid or provided

155,218

154,579

152,389

143,993

144,860

145,412

150,877

165,217

164,704

165,202

164,513

163,480

165,364

164,080

162,681

162,573

163,956

166,686

167,920

165,603

163,122

160,369

155,486

152,803

150,535

148,117

146,538

145,143

143,493

140,423

137,409

133,618

128,302

126,392

119,135

102,892

0

0

0

Commissions

-

-

-

-

-

-

-

-

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

-

-

-

-

-

-

-

-

-

-

-

Total insurance benefits paid or provided

155,218

154,579

152,389

143,993

144,860

145,412

150,877

165,217

164,704

165,202

160,132

157,625

0

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Commissions

34,191

34,222

33,803

33,593

0

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

39,792

39,398

38,312

37,767

37,966

38,374

37,455

37,259

0

0

0

Other general expenses

45,781

48,440

51,868

52,740

55,257

47,632

52,998

47,850

42,739

46,388

37,389

35,127

34,338

33,356

31,065

33,031

34,910

33,287

41,566

40,637

37,640

36,591

26,365

26,499

26,393

26,590

26,855

26,747

25,747

25,664

25,310

25,897

26,253

26,040

26,330

26,810

0

0

0

Capitalization of deferred policy acquisition costs

22,436

22,255

21,755

21,332

21,560

22,695

24,744

26,939

28,182

29,120

32,015

32,149

33,369

32,732

29,987

30,579

30,512

-

32,828

32,472

31,859

32,071

0

0

0

-

0

0

-

-

-

-

-

-

-

-

-

-

-

Capitalization of deferred policy acquisition costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

Capitalization of deferred policy acquisition costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

27,509

27,956

0

0

0

Amortization of deferred policy acquisition costs

28,110

28,268

29,060

32,637

32,906

34,235

33,268

29,479

29,921

29,690

30,737

30,022

29,259

28,515

26,601

25,964

24,732

23,400

22,922

21,927

21,173

21,083

20,142

19,624

19,094

18,511

18,899

18,275

18,345

17,845

17,061

17,098

16,736

16,848

16,280

17,327

0

0

0

Amortization of cost of customer relationships acquired

1,495

1,546

2,133

2,144

2,198

2,458

2,017

2,286

2,289

2,129

2,104

2,110

2,037

2,063

2,137

2,101

2,215

2,317

2,352

2,200

2,298

2,182

2,187

2,415

2,361

2,408

2,452

2,369

2,469

2,467

2,719

2,829

2,927

2,998

2,832

2,878

0

0

0

Total benefits and expenses

242,359

244,800

247,520

243,784

247,548

242,004

251,404

257,026

251,829

255,613

246,892

242,805

242,727

239,923

235,167

236,296

238,535

238,211

246,576

242,267

236,344

232,175

215,745

212,789

209,608

206,705

205,760

202,899

200,349

196,723

192,991

190,405

185,060

182,826

174,523

170,770

0

0

0

Income (loss) before federal income tax

1,502

5,745

-1,211

2,219

1,431

2,002

-5,105

-7,557

-1,350

-2,986

5,775

7,272

7,735

5,483

4,541

-205

-3,602

-1,943

-9,052

-5,637

-3,291

-1,950

7,885

7,227

7,514

6,931

5,080

6,507

5,051

6,036

8,156

6,893

10,932

11,330

12,630

14,210

0

0

0

Federal income tax expense (benefit)

2,654

7,115

6,542

19,127

16,332

13,064

48,729

35,719

38,796

35,141

-418

1,766

1,319

3,514

4,445

2,358

2,357

1,200

2,975

4,169

3,451

4,020

2,408

2,250

2,380

2,138

1,390

1,730

1,178

1,507

1,532

1,127

2,560

2,848

4,280

4,728

0

0

0

Net income (loss)

-1,152

-1,370

-7,753

-16,908

-14,901

-11,062

-53,834

-43,276

-40,146

-38,127

6,193

5,506

6,416

1,969

96

-2,563

-5,959

-3,143

-12,027

-9,806

-6,742

-5,970

5,477

4,977

5,134

4,793

3,690

4,777

3,873

4,529

6,624

5,766

8,372

8,482

8,350

9,482

0

0

0

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

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

-

Reclassification adjustments for losses (gains) included in net income

1,899

1,927

1,985

1,276

1,108

953

-1,219

-933

-957

-546

-534

-117

-26

-1,974

-4,735

-7,187

-7,175

-5,415

-2,137

41

-24

-20

-747

-436

-290

-227

0

0

0

-

-

-

-

-

-

-

-

-

-

Reclassification adjustments for gains included in net income

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

0

0

-

-

-

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

5,196

76,898

84,261

58,533

15,152

-31,592

-27,363

-21,538

-4,612

18,212

-13,986

-19,539

-7,829

315

20,538

22,448

-10,716

-18,802

-6,873

-8,876

20,263

29,348

20,904

18,093

-19,893

-33,956

-30,720

-18,674

12,825

15,235

31,622

34,296

0

-

0

0

-

-

-

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

0

-

0

0

0

-

0

0

0

-

-4,895

-6,839

-2,740

-

7,230

7,898

-3,709

-6,539

-2,405

-3,105

7,104

10,293

7,340

6,356

-6,937

-11,864

-10,717

-6,365

4,651

5,520

11,297

12,097

0

-

0

0

-

-

-

Other comprehensive income (loss)

4,801

71,751

79,058

54,503

15,856

-25,128

-22,313

-17,520

-4,804

12,540

-9,091

-12,700

-5,089

205

13,308

14,550

-7,007

-12,263

-4,468

-5,771

13,159

19,055

13,564

11,737

-12,956

-22,092

-20,003

-12,309

8,174

9,715

20,325

22,199

0

-

0

0

-

-

-

Reclassification adjustments for gains included in net income

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

Unrealized gains on available-for-sale securities, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

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

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

Other comprehensive income

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

Comprehensive income (loss)

3,649

70,381

71,305

37,595

955

-36,190

-76,147

-60,796

-44,950

-25,587

-2,898

-7,194

1,327

2,174

13,404

11,987

-12,966

-15,406

-16,495

-15,577

6,417

13,085

19,041

16,714

-7,822

-17,299

-16,313

-7,532

12,047

14,244

16,965

21,122

26,739

26,315

0

0

0

-

-

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

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-