10-K Filing
Filing Information
| Form Type | 10-K |
| Accession Number | 0000832480-18-000008 |
| Period End Date | 20171231 |
| Filing Date | 20180326 |
| Fiscal Year | 2017 |
| Fiscal Period | FY |
| XBRL Instance | utgn-20171231.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
87 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Fixed maturities, at fair value (amortized cost $159,912,511 and $170,595,860) |
AvailableForSaleSecuritiesDebtSecurities
|
$178.56M | USD | Point-in-time |
| Fixed maturities, amortized cost |
AvailableForSaleDebtSecuritiesAmortizedCostBasis
|
$159.91M | USD | Point-in-time |
| Fixed maturities, amortized cost |
AvailableForSaleDebtSecuritiesAmortizedCostBasis
|
$170.60M | USD | Point-in-time |
| Fixed maturities, at fair value (amortized cost $159,912,511 and $170,595,860) |
AvailableForSaleSecuritiesDebtSecurities
|
$187.24M | USD | Point-in-time |
| Equity securities, cost |
AvailableForSaleEquitySecuritiesAmortizedCostBasis
|
$35.71M | USD | Point-in-time |
| Equity securities, cost |
AvailableForSaleEquitySecuritiesAmortizedCostBasis
|
$37.01M | USD | Point-in-time |
| Equity securities, at fair value (cost $35,712,633 and $37,014,712) |
AvailableForSaleSecuritiesEquitySecurities
|
$51.71M | USD | Point-in-time |
| Equity securities, at fair value (cost $35,712,633 and $37,014,712) |
AvailableForSaleSecuritiesEquitySecurities
|
$58.85M | USD | Point-in-time |
| Trading securities, at fair value (cost $0 and $70,690) |
TradingSecurities
|
$2.50K | USD | Point-in-time |
| Trading securities, at fair value (cost $0 and $70,690) |
TradingSecurities
|
- | USD | Point-in-time |
| Trading securities, cost |
TradingSecuritiesCost
|
$70.69K | USD | Point-in-time |
| Trading securities, cost |
TradingSecuritiesCost
|
- | USD | Point-in-time |
| Mortgage loans on real estate at amortized cost |
MortgageLoansOnRealEstate
|
$18.58M | USD | Point-in-time |
| Mortgage loans on real estate at amortized cost |
MortgageLoansOnRealEstate
|
$17.31M | USD | Point-in-time |
| Investment real estate, net |
RealEstateInvestments
|
$50.50M | USD | Point-in-time |
| Investment real estate, net |
RealEstateInvestments
|
$57.14M | USD | Point-in-time |
| Notes receivable |
NotesReceivableNet
|
$19.00M | USD | Point-in-time |
| Trading securities, proceeds |
TradingSecuritiesProceeds
|
- | USD | Point-in-time |
| Notes receivable |
NotesReceivableNet
|
$16.88M | USD | Point-in-time |
| Trading securities, proceeds |
TradingSecuritiesProceeds
|
$181.16K | USD | Point-in-time |
| Policy loans |
PolicyLoansReceivable
|
$9.56M | USD | Point-in-time |
| Policy loans |
PolicyLoansReceivable
|
$10.07M | USD | Point-in-time |
| Common stock, stated value (in dollars per share) |
CommonStockParOrStatedValuePerShare
|
$0.00 | USD | Point-in-time |
| Total investments |
Investments
|
$333.79M | USD | Point-in-time |
| Total investments |
Investments
|
$341.61M | USD | Point-in-time |
| Common stock, stated value (in dollars per share) |
CommonStockParOrStatedValuePerShare
|
$0.00 | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$11.82M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$15.16M | USD | Point-in-time |
| Common stock, authorized (in shares) |
CommonStockSharesAuthorized
|
7.00M | shares | Point-in-time |
| Common stock, authorized (in shares) |
CommonStockSharesAuthorized
|
7.00M | shares | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$25.43M | USD | Point-in-time |
| Accrued investment income |
AccruedInvestmentIncomeReceivable
|
$2.99M | USD | Point-in-time |
| Common stock, issued (in shares) |
CommonStockSharesIssued
|
3.33M | shares | Point-in-time |
| Accrued investment income |
AccruedInvestmentIncomeReceivable
|
$2.87M | USD | Point-in-time |
| Common stock, issued (in shares) |
CommonStockSharesIssued
|
3.35M | shares | Point-in-time |
| Common stock, outstanding (in shares) |
CommonStockSharesOutstanding
|
3.35M | shares | Point-in-time |
| Common stock, outstanding (in shares) |
CommonStockSharesOutstanding
|
3.33M | shares | Point-in-time |
| Future policy benefits |
ReinsuranceRecoverables
|
$26.49M | USD | Point-in-time |
| Future policy benefits |
ReinsuranceRecoverables
|
$26.97M | USD | Point-in-time |
| Policy claims and other benefits |
ReinsuranceReceivablesIncurredButNotReportedClaims
|
$3.95M | USD | Point-in-time |
| Policy claims and other benefits |
ReinsuranceReceivablesIncurredButNotReportedClaims
|
$3.88M | USD | Point-in-time |
| Cost of insurance acquired |
ValueOfBusinessAcquiredVOBA
|
$8.14M | USD | Point-in-time |
| Cost of insurance acquired |
ValueOfBusinessAcquiredVOBA
|
$6.43M | USD | Point-in-time |
| Cost of insurance acquired |
ValueOfBusinessAcquiredVOBA
|
$7.27M | USD | Point-in-time |
| Property and equipment, net of accumulated depreciation |
PropertyPlantAndEquipmentNet
|
$1.12M | USD | Point-in-time |
| Property and equipment, net of accumulated depreciation |
PropertyPlantAndEquipmentNet
|
$1.56M | USD | Point-in-time |
| Income taxes receivable |
IncomeTaxReceivable
|
$549.85K | USD | Point-in-time |
| Income taxes receivable |
IncomeTaxReceivable
|
$1.22M | USD | Point-in-time |
| Other assets |
OtherAssets
|
$5.77M | USD | Point-in-time |
| Other assets |
OtherAssets
|
$1.48M | USD | Point-in-time |
| Total assets |
Assets
|
$402.10M | USD | Point-in-time |
| Total assets |
Assets
|
$406.45M | USD | Point-in-time |
| Future policy benefits |
LiabilityForFuturePolicyBenefits
|
$263.84M | USD | Point-in-time |
| Future policy benefits |
LiabilityForFuturePolicyBenefits
|
$259.47M | USD | Point-in-time |
| Policy claims and benefits payable |
LiabilityForClaimsAndClaimsAdjustmentExpense
|
$3.78M | USD | Point-in-time |
| Policy claims and benefits payable |
LiabilityForClaimsAndClaimsAdjustmentExpense
|
$3.89M | USD | Point-in-time |
| Other policyholder funds |
OtherPolicyholderFunds
|
$408.79K | USD | Point-in-time |
| Other policyholder funds |
OtherPolicyholderFunds
|
$428.77K | USD | Point-in-time |
| Dividend and endowment accumulations |
PolicyholderDividendsPayable
|
$14.50M | USD | Point-in-time |
| Dividend and endowment accumulations |
PolicyholderDividendsPayable
|
$14.60M | USD | Point-in-time |
| Deferred income taxes |
DeferredTaxLiabilities
|
$11.00M | USD | Point-in-time |
| Deferred income taxes |
DeferredTaxLiabilities
|
$15.46M | USD | Point-in-time |
| Notes payable |
NotesPayable
|
$2.90M | USD | Point-in-time |
| Notes payable |
NotesPayable
|
- | USD | Point-in-time |
| Trading securities, at fair value (proceeds $0 and $181,159) |
TradingLiabilities
|
$1.44K | USD | Point-in-time |
| Trading securities, at fair value (proceeds $0 and $181,159) |
TradingLiabilities
|
- | USD | Point-in-time |
| Other liabilities |
OtherLiabilities
|
$6.76M | USD | Point-in-time |
| Other liabilities |
OtherLiabilities
|
$6.77M | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$307.80M | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$296.01M | USD | Point-in-time |
| Common stock - no par value, stated value $0.001 per share. Authorized 7,000,000 shares - 3,333,377 and 3,349,927 shares issued and outstanding |
CommonStockValue
|
$3.33K | USD | Point-in-time |
| Common stock - no par value, stated value $0.001 per share. Authorized 7,000,000 shares - 3,333,377 and 3,349,927 shares issued and outstanding |
CommonStockValue
|
$3.35K | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapitalCommonStock
|
$37.88M | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapitalCommonStock
|
$37.54M | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$39.04M | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$34.23M | USD | Point-in-time |
| Accumulated other comprehensive income |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$20.35M | USD | Point-in-time |
| Accumulated other comprehensive income |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$32.95M | USD | Point-in-time |
| Total UTG shareholders' equity |
StockholdersEquity
|
$92.47M | USD | Point-in-time |
| Total UTG shareholders' equity |
StockholdersEquity
|
$109.53M | USD | Point-in-time |
| Noncontrolling interest |
MinorityInterest
|
$899.23K | USD | Point-in-time |
| Noncontrolling interest |
MinorityInterest
|
$1.84M | USD | Point-in-time |
| Total shareholders' equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$110.43M | USD | Point-in-time |
| Total shareholders' equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$76.99M | USD | Point-in-time |
| Total shareholders' equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$94.30M | USD | Point-in-time |
| Total liabilities and shareholders' equity |
LiabilitiesAndStockholdersEquity
|
$406.45M | USD | Point-in-time |
| Total liabilities and shareholders' equity |
LiabilitiesAndStockholdersEquity
|
$402.10M | USD | Point-in-time |
Income Statement
54 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Premiums and policy fees |
PremiumsAndPolicyFees
|
$9.74M | USD | Annual |
| Premiums and policy fees |
PremiumsAndPolicyFees
|
$10.41M | USD | Annual |
| Reinsurance premiums and policy fees |
CededReinsurancePremiumsAndPolicyFees
|
$2.85M | USD | Annual |
| Reinsurance premiums and policy fees |
CededReinsurancePremiumsAndPolicyFees
|
$2.96M | USD | Annual |
| Net investment income |
NetInvestmentIncome
|
$12.94M | USD | Annual |
| Net investment income |
NetInvestmentIncome
|
$11.70M | USD | Annual |
| Other income |
OtherIncome
|
$591.92K | USD | Annual |
| Other income |
OtherIncome
|
$458.66K | USD | Annual |
| Revenues before realized gains (losses) |
RevenuesBeforeRealizedGainsLosses
|
$19.62M | USD | Annual |
| Revenues before realized gains (losses) |
RevenuesBeforeRealizedGainsLosses
|
$20.43M | USD | Annual |
| Other-than-temporary impairments |
ImpairmentOfInvestments
|
$762.16K | USD | Annual |
| Other-than-temporary impairments |
ImpairmentOfInvestments
|
$465.75K | USD | Annual |
| Other realized investment gains, net |
GainLossOnSaleOfOtherAssets
|
$7.88M | USD | Annual |
| Other realized investment gains, net |
GainLossOnSaleOfOtherAssets
|
$9.88M | USD | Annual |
| Total realized investment gains, net |
RealizedInvestmentGainsLosses
|
$9.12M | USD | Annual |
| Total realized investment gains, net |
RealizedInvestmentGainsLosses
|
$7.41M | USD | Annual |
| Total revenues |
Revenues
|
$28.73M | USD | Annual |
| Total revenues |
Revenues
|
$27.84M | USD | Annual |
| Life |
PolicyholderBenefitsAndClaimsIncurredGross
|
$18.66M | USD | Annual |
| Life |
PolicyholderBenefitsAndClaimsIncurredGross
|
$17.43M | USD | Annual |
| Ceded reinsurance benefits and claims |
ReinsuranceCostsAndRecoveriesNet
|
$2.52M | USD | Annual |
| Ceded reinsurance benefits and claims |
ReinsuranceCostsAndRecoveriesNet
|
$1.89M | USD | Annual |
| Annuity |
PolicyholderBenefitsAndClaimsIncurredNetAnnuity
|
$975.20K | USD | Annual |
| Annuity |
PolicyholderBenefitsAndClaimsIncurredNetAnnuity
|
$1.12M | USD | Annual |
| Dividends to policyholders |
PolicyholderDividends
|
$432.15K | USD | Annual |
| Dividends to policyholders |
PolicyholderDividends
|
$370.85K | USD | Annual |
| Commissions |
InsuranceCommissionsAndFees
|
$145.72K | USD | Annual |
| Commissions |
InsuranceCommissionsAndFees
|
$139.17K | USD | Annual |
| Amortization of cost of insurance acquired |
AmortizationOfValueOfBusinessAcquiredVOBA
|
$839.11K | USD | Annual |
| Amortization of cost of insurance acquired |
AmortizationOfValueOfBusinessAcquiredVOBA
|
$872.98K | USD | Annual |
| Operating expenses |
OperatingExpenses
|
$7.85M | USD | Annual |
| Operating expenses |
OperatingExpenses
|
$7.29M | USD | Annual |
| Interest expense |
InterestExpense
|
- | USD | Annual |
| Interest expense |
InterestExpense
|
- | USD | Annual |
| Total benefits and other expenses |
BenefitsLossesAndExpenses
|
$25.71M | USD | Annual |
| Total benefits and other expenses |
BenefitsLossesAndExpenses
|
$25.43M | USD | Annual |
| Income before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
$2.12M | USD | Annual |
| Income before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
$3.31M | USD | Annual |
| Income tax expense (benefit) |
IncomeTaxExpenseBenefit
|
$-1.51M | USD | Annual |
| Income tax expense (benefit) |
IncomeTaxExpenseBenefit
|
$666.18K | USD | Annual |
| Net income |
ProfitLoss
|
$4.81M | USD | Annual |
| Net income |
ProfitLoss
|
$1.46M | USD | Annual |
| Net income attributable to noncontrolling interests |
NetIncomeLossAttributableToNoncontrollingInterest
|
$288.26K | USD | Annual |
| Net income attributable to noncontrolling interests |
NetIncomeLossAttributableToNoncontrollingInterest
|
$2.98K | USD | Annual |
| Net income attributable to common shareholders |
NetIncomeLoss
|
$1.17M | USD | Annual |
| Net income attributable to common shareholders |
NetIncomeLoss
|
$4.81M | USD | Annual |
| Basic income per share (in dollars per share) |
EarningsPerShareBasic
|
$0.33 | USD | Annual |
| Basic income per share (in dollars per share) |
EarningsPerShareBasic
|
$1.44 | USD | Annual |
| Diluted income per share (in dollars per share) |
EarningsPerShareDiluted
|
$1.44 | USD | Annual |
| Diluted income per share (in dollars per share) |
EarningsPerShareDiluted
|
$0.33 | USD | Annual |
| Basic weighted average shares outstanding (in shares) |
WeightedAverageNumberOfSharesOutstandingBasic
|
3.54M | shares | Annual |
| Basic weighted average shares outstanding (in shares) |
WeightedAverageNumberOfSharesOutstandingBasic
|
3.35M | shares | Annual |
| Diluted weighted average shares outstanding (in shares) |
WeightedAverageNumberOfDilutedSharesOutstanding
|
3.54M | shares | Annual |
| Diluted weighted average shares outstanding (in shares) |
WeightedAverageNumberOfDilutedSharesOutstanding
|
3.35M | shares | Annual |
Cash Flow Statement
96 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income attributable to common shareholders |
NetIncomeLoss
|
$1.17M | USD | Annual |
| Net income attributable to common shareholders |
NetIncomeLoss
|
$4.81M | USD | Annual |
| Amortization (accretion) of investments |
AccretionAmortizationOfDiscountsAndPremiumsInvestments
|
$-94.61K | USD | Annual |
| Amortization (accretion) of investments |
AccretionAmortizationOfDiscountsAndPremiumsInvestments
|
$457.86K | USD | Annual |
| Realized investment gains, net |
RealizedInvestmentGainsLosses
|
$9.12M | USD | Annual |
| Realized investment gains, net |
RealizedInvestmentGainsLosses
|
$7.41M | USD | Annual |
| Unrealized trading (gains) losses included in income |
TradingSecuritiesUnrealizedHoldingGainLoss
|
$-111.53K | USD | Annual |
| Unrealized trading (gains) losses included in income |
TradingSecuritiesUnrealizedHoldingGainLoss
|
$31.26K | USD | Annual |
| Realized trading (gains) losses included in income |
TradingSecuritiesRealizedGainLoss
|
- | USD | Annual |
| Realized trading (gains) losses included in income |
TradingSecuritiesRealizedGainLoss
|
$110.47K | USD | Annual |
| Amortization of cost of insurance acquired |
AmortizationOfValueOfBusinessAcquiredVOBA
|
$839.11K | USD | Annual |
| Amortization of cost of insurance acquired |
AmortizationOfValueOfBusinessAcquiredVOBA
|
$872.98K | USD | Annual |
| Depreciation |
Depreciation
|
$701.81K | USD | Annual |
| Depreciation |
Depreciation
|
$698.37K | USD | Annual |
| Net income attributable to noncontrolling interest |
NetIncomeLossAttributableToNoncontrollingInterest
|
$288.26K | USD | Annual |
| Net income attributable to noncontrolling interest |
NetIncomeLossAttributableToNoncontrollingInterest
|
$2.98K | USD | Annual |
| Charges for mortality and administration of universal life and annuity products |
ChargesForMortalityAndAdministrationOfUniversalLifeAndAnnuityProducts
|
$5.59M | USD | Annual |
| Charges for mortality and administration of universal life and annuity products |
ChargesForMortalityAndAdministrationOfUniversalLifeAndAnnuityProducts
|
$6.64M | USD | Annual |
| Interest credited to account balances |
InterestCreditedToPolicyholdersAccountBalances
|
$4.35M | USD | Annual |
| Interest credited to account balances |
InterestCreditedToPolicyholdersAccountBalances
|
$4.54M | USD | Annual |
| Change in accrued investment income |
IncreaseDecreaseInAccruedInvestmentIncomeReceivable
|
$117.87K | USD | Annual |
| Change in accrued investment income |
IncreaseDecreaseInAccruedInvestmentIncomeReceivable
|
$51.51K | USD | Annual |
| Change in reinsurance receivables |
IncreaseDecreaseInReinsuranceRecoverable
|
$-89.52K | USD | Annual |
| Change in reinsurance receivables |
IncreaseDecreaseInReinsuranceRecoverable
|
$-556.89K | USD | Annual |
| Change in policy liabilities and accruals |
IncreaseDecreaseInInsuranceLiabilities
|
$-2.79M | USD | Annual |
| Change in policy liabilities and accruals |
IncreaseDecreaseInInsuranceLiabilities
|
$-4.68M | USD | Annual |
| Change in income taxes receivable (payable) |
IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable
|
$-604.64K | USD | Annual |
| Change in income taxes receivable (payable) |
IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable
|
$673.83K | USD | Annual |
| Change in other assets and liabilities, net |
IncreaseDecreaseInOtherOperatingCapitalNet
|
$6.56M | USD | Annual |
| Change in other assets and liabilities, net |
IncreaseDecreaseInOtherOperatingCapitalNet
|
$207.31K | USD | Annual |
| Net cash used in operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$-11.38M | USD | Annual |
| Net cash used in operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$-13.20M | USD | Annual |
| Fixed maturities available for sale |
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
|
$30.36M | USD | Annual |
| Fixed maturities available for sale |
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
|
$29.74M | USD | Annual |
| Equity securities available for sale |
ProceedsFromSaleOfAvailableForSaleSecuritiesEquity
|
$13.79M | USD | Annual |
| Equity securities available for sale |
ProceedsFromSaleOfAvailableForSaleSecuritiesEquity
|
$7.48M | USD | Annual |
| Trading securities |
ProceedsFromSaleAndMaturityOfTradingSecuritiesHeldforinvestment
|
$72.28K | USD | Annual |
| Trading securities |
ProceedsFromSaleAndMaturityOfTradingSecuritiesHeldforinvestment
|
- | USD | Annual |
| Mortgage loans |
ProceedsFromSaleAndCollectionOfMortgageNotesReceivable
|
$7.05M | USD | Annual |
| Mortgage loans |
ProceedsFromSaleAndCollectionOfMortgageNotesReceivable
|
$1.84M | USD | Annual |
| Real estate |
ProceedsFromSaleOfRealEstateHeldforinvestment
|
$11.14M | USD | Annual |
| Real estate |
ProceedsFromSaleOfRealEstateHeldforinvestment
|
$13.01M | USD | Annual |
| Notes receivable |
ProceedsFromSaleAndCollectionOfNotesReceivable
|
$4.46M | USD | Annual |
| Notes receivable |
ProceedsFromSaleAndCollectionOfNotesReceivable
|
$2.17M | USD | Annual |
| Policy loans |
ProceedsFromCollectionOfPolicyLoans
|
$1.95M | USD | Annual |
| Policy loans |
ProceedsFromCollectionOfPolicyLoans
|
$723.32K | USD | Annual |
| Short-term investments |
ProceedsFromSaleMaturityAndCollectionOfShorttermInvestments
|
- | USD | Annual |
| Short-term investments |
ProceedsFromSaleMaturityAndCollectionOfShorttermInvestments
|
- | USD | Annual |
| Total proceeds from investments sold and matured |
ProceedsFromSaleMaturityAndCollectionsOfInvestments
|
$56.20M | USD | Annual |
| Total proceeds from investments sold and matured |
ProceedsFromSaleMaturityAndCollectionsOfInvestments
|
$67.59M | USD | Annual |
| Fixed maturities available for sale |
PaymentsToAcquireAvailableForSaleSecuritiesDebt
|
$15.62M | USD | Annual |
| Fixed maturities available for sale |
PaymentsToAcquireAvailableForSaleSecuritiesDebt
|
$11.40M | USD | Annual |
| Equity securities available for sale |
PaymentsToAcquireAvailableForSaleSecuritiesEquity
|
$3.28M | USD | Annual |
| Equity securities available for sale |
PaymentsToAcquireAvailableForSaleSecuritiesEquity
|
$5.26M | USD | Annual |
| Trading securities |
PaymentsToAcquireTradingSecuritiesHeldforinvestment
|
$70.69K | USD | Annual |
| Trading securities |
PaymentsToAcquireTradingSecuritiesHeldforinvestment
|
- | USD | Annual |
| Mortgage loans |
PaymentsToAcquireMortgageNotesReceivable
|
$6.94M | USD | Annual |
| Mortgage loans |
PaymentsToAcquireMortgageNotesReceivable
|
$360.53K | USD | Annual |
| Real estate |
PaymentsToAcquireRealEstateHeldForInvestment
|
$15.94M | USD | Annual |
| Real estate |
PaymentsToAcquireRealEstateHeldForInvestment
|
$4.23M | USD | Annual |
| Notes receivable |
PaymentsToAcquireNotesReceivable
|
$11.21M | USD | Annual |
| Notes receivable |
PaymentsToAcquireNotesReceivable
|
$4.30M | USD | Annual |
| Policy loans |
PaymentsToFundPolicyLoans
|
$1.44M | USD | Annual |
| Policy loans |
PaymentsToFundPolicyLoans
|
$109.21K | USD | Annual |
| Short-term investments |
PaymentsToAcquireShortTermInvestments
|
- | USD | Annual |
| Short-term investments |
PaymentsToAcquireShortTermInvestments
|
- | USD | Annual |
| Total cost of investments acquired |
PaymentsToAcquireInvestments
|
$50.93M | USD | Annual |
| Total cost of investments acquired |
PaymentsToAcquireInvestments
|
$29.22M | USD | Annual |
| Purchase of property and equipment |
PaymentsToAcquirePropertyPlantAndEquipment
|
- | USD | Annual |
| Purchase of property and equipment |
PaymentsToAcquirePropertyPlantAndEquipment
|
- | USD | Annual |
| Net cash provided by investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$26.99M | USD | Annual |
| Net cash provided by investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$16.66M | USD | Annual |
| Policyholder contract deposits |
ProceedsFromPolicyholderContractDeposits
|
$4.81M | USD | Annual |
| Policyholder contract deposits |
ProceedsFromPolicyholderContractDeposits
|
$5.09M | USD | Annual |
| Policyholder contract withdrawals |
PolicyholderContractWithdrawals
|
$4.26M | USD | Annual |
| Policyholder contract withdrawals |
PolicyholderContractWithdrawals
|
$4.14M | USD | Annual |
| Proceeds from notes payable/line of credit |
ProceedsFromIssuanceOfDebt
|
- | USD | Annual |
| Proceeds from notes payable/line of credit |
ProceedsFromIssuanceOfDebt
|
$2.90M | USD | Annual |
| Payments of principal on notes payable/line of credit |
RepaymentsOfDebt
|
$2.90M | USD | Annual |
| Payments of principal on notes payable/line of credit |
RepaymentsOfDebt
|
- | USD | Annual |
| Purchase of treasury stock |
ProceedsFromRepurchaseOfEquity
|
$-5.43M | USD | Annual |
| Purchase of treasury stock |
ProceedsFromRepurchaseOfEquity
|
$-604.05K | USD | Annual |
| Issuance of stock |
ProceedsFromIssuanceOfCommonStock
|
$261.49K | USD | Annual |
| Issuance of stock |
ProceedsFromIssuanceOfCommonStock
|
$307.89K | USD | Annual |
| Non controlling contributions (distributions) of consolidated subsidiary |
ProceedsFromPaymentsToMinorityShareholders
|
$-554.88K | USD | Annual |
| Non controlling contributions (distributions) of consolidated subsidiary |
ProceedsFromPaymentsToMinorityShareholders
|
$-939.54K | USD | Annual |
| Net cash used in financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$-3.51M | USD | Annual |
| Net cash used in financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$-1.95M | USD | Annual |
| Net increase in cash and cash equivalents |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$3.33M | USD | Annual |
| Net increase in cash and cash equivalents |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$10.28M | USD | Annual |
| Cash and cash equivalents at beginning of year |
CashAndCashEquivalentsAtCarryingValue
|
$11.82M | USD | Point-in-time |
| Cash and cash equivalents at beginning of year |
CashAndCashEquivalentsAtCarryingValue
|
$15.16M | USD | Point-in-time |
| Cash and cash equivalents at beginning of year |
CashAndCashEquivalentsAtCarryingValue
|
$25.43M | USD | Point-in-time |
| Cash and cash equivalents at end of year |
CashAndCashEquivalentsAtCarryingValue
|
$11.82M | USD | Point-in-time |
| Cash and cash equivalents at end of year |
CashAndCashEquivalentsAtCarryingValue
|
$15.16M | USD | Point-in-time |
| Cash and cash equivalents at end of year |
CashAndCashEquivalentsAtCarryingValue
|
$25.43M | USD | Point-in-time |
Stockholders Equity
20 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$110.43M | USD | Point-in-time |
| Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$76.99M | USD | Point-in-time |
| Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$94.30M | USD | Point-in-time |
| Common stock issued during year |
StockIssuedDuringPeriodValueNewIssues
|
$261.49K | USD | Annual |
| Common stock issued during year |
StockIssuedDuringPeriodValueNewIssues
|
$307.89K | USD | Annual |
| Treasury shares acquired |
StockRepurchasedDuringPeriodValue
|
$5.43M | USD | Annual |
| Treasury shares acquired |
StockRepurchasedDuringPeriodValue
|
$604.05K | USD | Annual |
| Net income attributable to common shareholders |
NetIncomeLoss
|
$1.17M | USD | Annual |
| Net income attributable to common shareholders |
NetIncomeLoss
|
$4.81M | USD | Annual |
| Unrealized holding gain (loss) on securities net of noncontrolling interest and reclassification adjustment and taxes |
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent
|
$12.60M | USD | Annual |
| Unrealized holding gain (loss) on securities net of noncontrolling interest and reclassification adjustment and taxes |
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent
|
$21.54M | USD | Annual |
| Contributions |
NoncontrollingInterestIncreaseFromSaleOfParentEquityInterest
|
- | USD | Annual |
| Contributions |
NoncontrollingInterestIncreaseFromSaleOfParentEquityInterest
|
$83.70K | USD | Annual |
| Distributions |
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
|
$939.54K | USD | Annual |
| Distributions |
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
|
$638.58K | USD | Annual |
| Gain attributable to noncontrolling interest |
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToNoncontrollingInterest
|
$2.98K | USD | Annual |
| Gain attributable to noncontrolling interest |
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToNoncontrollingInterest
|
$288.26K | USD | Annual |
| Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$110.43M | USD | Point-in-time |
| Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$76.99M | USD | Point-in-time |
| Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$94.30M | USD | Point-in-time |
Comprehensive Income
24 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net Income |
ProfitLoss
|
$4.81M | USD | Annual |
| Net Income |
ProfitLoss
|
$1.46M | USD | Annual |
| Unrealized holding gains (losses) arising during period, pre-tax |
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
|
$17.17M | USD | Annual |
| Unrealized holding gains (losses) arising during period, pre-tax |
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
|
$34.49M | USD | Annual |
| Tax (expense) benefit on unrealized holding gains (losses) arising during the period |
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
|
$6.01M | USD | Annual |
| Tax (expense) benefit on unrealized holding gains (losses) arising during the period |
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
|
$12.07M | USD | Annual |
| Deferred tax adjustment from tax rate change |
TaxCutsAndJobsActOf2017ReclassificationFromAOCIToRetainedEarningsTaxEffect
|
- | USD | Annual |
| Deferred tax adjustment from tax rate change |
TaxCutsAndJobsActOf2017ReclassificationFromAOCIToRetainedEarningsTaxEffect
|
$5.84M | USD | Annual |
| Unrealized holding gains (losses) arising during period, net of tax |
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
$17.01M | USD | Annual |
| Unrealized holding gains (losses) arising during period, net of tax |
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
$22.42M | USD | Annual |
| Less reclassification adjustment for gains included in net income |
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax
|
$1.36M | USD | Annual |
| Less reclassification adjustment for gains included in net income |
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax
|
$6.78M | USD | Annual |
| Tax expense for gains included in net income |
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax
|
$476.08K | USD | Annual |
| Tax expense for gains included in net income |
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax
|
$2.37M | USD | Annual |
| Reclassification adjustment for gains included in net income, net of tax |
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
|
$4.41M | USD | Annual |
| Reclassification adjustment for gains included in net income, net of tax |
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
|
$884.15K | USD | Annual |
| Subtotal: Other comprehensive income (loss), net of tax |
OtherComprehensiveIncomeLossNetOfTax
|
$12.60M | USD | Annual |
| Subtotal: Other comprehensive income (loss), net of tax |
OtherComprehensiveIncomeLossNetOfTax
|
$21.54M | USD | Annual |
| Comprehensive income (loss) |
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
$22.99M | USD | Annual |
| Comprehensive income (loss) |
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
$17.41M | USD | Annual |
| Less comprehensive income attributable to noncontrolling interests |
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
$2.98K | USD | Annual |
| Less comprehensive income attributable to noncontrolling interests |
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
$288.26K | USD | Annual |
| Comprehensive income (loss) attributable to UTG, Inc. |
ComprehensiveIncomeNetOfTax
|
$17.41M | USD | Annual |
| Comprehensive income (loss) attributable to UTG, Inc. |
ComprehensiveIncomeNetOfTax
|
$22.71M | USD | Annual |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.