---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-23-038579"
form_type: "8-K"
ticker: "AAME"
cik: "0000008177"
company_name: "ATLANTIC AMERICAN CORP"
filed_at: "2023-08-08T23:59:59+00:00"
generated_at: "2026-06-12T03:20:00.396957+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Atlantic American Q2 net income $1.7M vs loss $1.7M; declares $0.02 dividend

## Summary
- Net income of $1.7M ($0.08 diluted) in Q2 2023, vs net loss of $1.7M ($0.09) in Q2 2022.
- Six-month net income $0.3M ($0.00 diluted) vs $1.2M ($0.05) in prior year period.
- Operating income (non-GAAP) decreased $1.2M in Q2 and $2.2M year-to-date, hurt by actuarial system costs and group-line administrative expenses.
- Annual dividend of $0.02 per share declared, payable Sept 12, 2023 to holders of record Aug 22, 2023.
- Atlantic Capital Life Assurance Company expanded into additional states; Worksite division premium growth continues.

## SEC filing metadata
- accession: 0001140361-23-038579
- form_type: 8-K
- ticker: AAME
- cik: 0000008177
- company_name: ATLANTIC AMERICAN CORP
- filed_at: 2023-08-08T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/8177/000114036123038579/0001140361-23-038579-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/8177/000114036123038579/brhc20057117_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-23-038579
- JSON: https://secwatch.observer/filing/0001140361-23-038579.json
- Plain text: https://secwatch.observer/filing/0001140361-23-038579.txt

## Key facts
- Earnings Releases
  ATLANTIC AMERICAN CORP reported second quarter ended June 30, 2023 results: net income net income for the three month period ended June 30, 2023 of $1.7 million, or $0.08 per diluted share, EPS $0.08 per diluted share.
  - Period: second quarter ended June 30, 2023
  - Net income: net income for the three month period ended June 30, 2023 of $1.7 million, or $0.08 per diluted share
  - EPS: $0.08 per diluted share
  - Result: reported results
  source text: Atlantic American Corporation (the "Registrant") reported its results of operations for its second quarter ended June 30, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/8177/000114036123038579/0001140361-23-038579-index.htm

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