CITIZENS, INC.
For the period ended Dec 31, 2025. Filed Mar 12, 2026.
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FY2025 · Filed Mar 12, 2026
CIA$4.38+0.7%Stored close · as of Nov 10, 2026
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Consolidated Statements of Operations and Comprehensive Income (Loss)
CITIZENS, INC.
| CITIZENS, INC. AND CONSOLIDATED SUBSIDIARIESConsolidated Statements of Operations and Comprehensive Income (Loss) | ||
|---|---|---|
| Years Ended December 31,(In thousands, except share amounts) | 2025 | 2024 |
| Revenues: | ||
| Premiums | $176,371 | 173,328 |
| Net investment income | 72,039 | 69,712 |
| Investment related gains (losses), net | 140 | (2,626) |
| Other income | 7,066 | 4,587 |
| Total revenues | 255,616 | 245,001 |
| Benefits and Expenses: | ||
| Insurance benefits paid or provided: | ||
| Claims and surrenders | 165,025 | 146,082 |
| Increase (decrease) in future policy benefit reserves | (14,857) | (4,286) |
| Policyholder liability remeasurement (gain) loss | 2,573 | 4,756 |
| Policyholders' dividends | 5,550 | 5,355 |
| Total insurance benefits paid or provided | 158,291 | 151,907 |
| Commissions | 47,265 | 49,118 |
| Other general expenses | 53,041 | 52,266 |
| Capitalization of deferred policy acquisition costs | (39,801) | (41,302) |
| Amortization of deferred policy acquisition costs | 18,899 | 17,435 |
| Amortization of cost of insurance acquired | 451 | 597 |
| Total benefits and expenses | 238,146 | 230,021 |
| Income before federal income tax | 17,470 | 14,980 |
| Federal income tax expense (benefit) | 2,879 | 68 |
| Net income | 14,591 | 14,912 |
| Per Share Amounts: | ||
| Basic earnings per share Class A common stock | $0.29 | 0.30 |
| Diluted earnings per share Class A common stock | 0.28 | 0.29 |
| Other Comprehensive Income (Loss): | ||
| Unrealized gains (losses) on fixed maturity securities: | ||
| Unrealized holding gains (losses) arising during period | 36,097 | (30,982) |
| Reclassification adjustment for losses (gains) included in net income | (349) | 699 |
| Unrealized gains (losses) on fixed maturity securities, net | 35,748 | (30,283) |
| Change in current discount rate for liability for future policy benefits | (27,117) | 56,613 |
| Income tax expense (benefit) on other comprehensive income items | 1,087 | 4,140 |
| Other comprehensive income (loss) | 7,544 | 22,190 |
| Total comprehensive income (loss) | $22,135 | 37,102 |
December 31, 2025 | 10-K 59
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