{"schema_version":"secwatch.filing_event.v1","accession":"0000024090-23-000111","form_type":"8-K","ticker":"CIA","cik":"0000024090","company_name":"CITIZENS, INC.","filed_at":"2023-11-06T23:59:59+00:00","discovered_at":"2026-05-14T18:03:31.585861+00:00","generated_at":"2026-06-08T21:33:48.477270+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Citizens Q3 revenue up 6% to $59.4M; net income falls to $2.7M; book value per share up 39%","bullets":["Revenue $59.4M (+6% YoY); first year life and A&H premiums up 15% to $5.2M.","Net income $2.7M ($0.05 diluted EPS) vs $3.4M ($0.06) in Q3 2022; adjusted operating income before taxes $5.7M vs $9.6M.","Book value per Class A share $3.08 (+39% YoY); ex-AOCI $5.63 (+12%).","Cash and equivalents $16.8M, zero debt; $4.6M remaining on $8M share repurchase authorization.","AM Best initiated financial strength and credit ratings on CICA Life Insurance Company of America."],"urls":{"canonical":"https://secwatch.observer/filing/0000024090-23-000111","json":"https://secwatch.observer/filing/0000024090-23-000111.json","markdown":"https://secwatch.observer/filing/0000024090-23-000111.md","text":"https://secwatch.observer/filing/0000024090-23-000111.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/24090/000002409023000111/0000024090-23-000111-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/24090/000002409023000111/cia-20231106.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-08T21:33:48.477270+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"1ce1cbadad07e243c8bb4a85091e8823f4988e00","claim":"CITIZENS, INC. reported the third quarter ended September 30, 2023 results: revenue $59.4 million, net income $2.7 million, EPS $0.05.","evidence_excerpt":"Third Quarter 2023 Financial Highlights • Total revenues increased to $59.4 million in Q3 2023, from $56.2 million in the year-ago quarter. • First year life and A&H premiums increased 15% in Q3 2023, the fourth consecutive quarter of year-over-year growth in first year premiums, driven by new products and focused marketing campaigns. • Net income was $2.7 million in Q3 2023, from $3.4 million in Q3 2022. Earnings per fully diluted Class A share was $0.05 in Q3 2023, from $0.06 in the year-ago quarter.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/24090/000002409023000111/0000024090-23-000111-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the third quarter ended September 30, 2023"},{"label":"Revenue","value":"$59.4 million"},{"label":"Net income","value":"$2.7 million"},{"label":"EPS","value":"$0.05"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}