secwatch.observer — SEC 8-K summary
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Issuer:     ATLANTIC AMERICAN CORP (AAME)
CIK:        0000008177
Form:       8-K
Filed at:   2022-03-25T23:59:59+00:00
Accession:  0001140361-22-011143
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/8177/000114036122011143/0001140361-22-011143-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/8177/000114036122011143/brhc10035577_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-22-011143

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer