---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-22-011143"
form_type: "8-K"
ticker: "AAME"
cik: "0000008177"
company_name: "ATLANTIC AMERICAN CORP"
filed_at: "2022-03-25T23:59:59+00:00"
generated_at: "2026-06-26T17:53:19.943120+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Atlantic American Q4 net income $2.7M ($0.12 EPS), down from $11.8M; annual dividend $0.02

## Summary
- Net income Q4 $2.7M ($0.12 diluted EPS) vs $11.8M ($0.54) in Q4 2020.
- Full year net income $4.3M ($0.19) vs $12.2M ($0.56) in 2020.
- Operating income Q4 $2.6M vs $3.6M; full year operating loss $1.5M vs income $11.5M.
- Decrease due to $8.0M unrealized loss in equity securities and $11.8M increase in insurance benefits from COVID normalization.
- Board declares annual dividend of $0.02 per share, payable April 27, 2022 to holders of record April 13, 2022.

## SEC filing metadata
- accession: 0001140361-22-011143
- form_type: 8-K
- ticker: AAME
- cik: 0000008177
- company_name: ATLANTIC AMERICAN CORP
- filed_at: 2022-03-25T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/8177/000114036122011143/0001140361-22-011143-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/8177/000114036122011143/brhc10035577_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-22-011143
- JSON: https://secwatch.observer/filing/0001140361-22-011143.json
- Plain text: https://secwatch.observer/filing/0001140361-22-011143.txt

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