---
schema_version: "secwatch.filing_event.v1"
accession: "0000024090-22-000088"
form_type: "8-K"
ticker: "CIA"
cik: "0000024090"
company_name: "CITIZENS, INC."
filed_at: "2022-08-04T23:59:59+00:00"
generated_at: "2026-06-24T04:32:39.149443+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Citizens Q2 net loss $3.5M ($0.07/sh) vs prior-year net income $5.0M; adj operating income $1.4M

## Summary
- Net loss of $3.5M vs net income of $5.0M YoY; adjusted operating income improved to $1.4M from $0.7M.
- Insurance issued up 51% to $171.1M; new products drove 29% and 16% increases in issued applications in Life and Home Service segments.
- Total claims and surrenders benefits declined 8% YoY, with death claims down 10% and surrenders down 14%.
- General expenses decreased $1.1M or 10% YoY, driven by lower self-insured health benefit costs.
- Book value per share excluding AOCI rose 19% to $3.97; investment portfolio pre-tax yield improved to 4.25%.

## SEC filing metadata
- accession: 0000024090-22-000088
- form_type: 8-K
- ticker: CIA
- cik: 0000024090
- company_name: CITIZENS, INC.
- filed_at: 2022-08-04T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/24090/000002409022000088/0000024090-22-000088-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/24090/000002409022000088/cia-20220804.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000024090-22-000088
- JSON: https://secwatch.observer/filing/0000024090-22-000088.json
- Plain text: https://secwatch.observer/filing/0000024090-22-000088.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.