10-K Filing
Filing Information
| Form Type | 10-K |
| Accession Number | 0000832480-21-000005 |
| Period End Date | 20201231 |
| Filing Date | 20210325 |
| Fiscal Year | 2020 |
| Fiscal Period | FY |
| XBRL Instance | utgn-20201231.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
84 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Fixed maturities, at fair value (amortized cost $145,606,280 and $159,959,855) |
AvailableForSaleSecuritiesDebtSecurities
|
$165.78M | USD | Point-in-time |
| Fixed maturities, at fair value (amortized cost $145,606,280 and $159,959,855) |
AvailableForSaleSecuritiesDebtSecurities
|
$171.63M | USD | Point-in-time |
| Fixed maturities, amortized cost |
AvailableForSaleDebtSecuritiesAmortizedCostBasis
|
$160.38M | USD | Point-in-time |
| Fixed maturities, amortized cost |
AvailableForSaleDebtSecuritiesAmortizedCostBasis
|
$146.02M | USD | Point-in-time |
| Equity securities, at fair value (cost $36,833,795 and $32,578,862 ) |
AvailableForSaleSecuritiesEquitySecurities
|
$78.08M | USD | Point-in-time |
| Equity securities, at fair value (cost $36,833,795 and $32,578,862 ) |
AvailableForSaleSecuritiesEquitySecurities
|
$78.66M | USD | Point-in-time |
| Equity securities, cost |
EquitySecuritiesFvNiCost
|
$36.83M | USD | Point-in-time |
| Equity securities, cost |
EquitySecuritiesFvNiCost
|
$32.58M | USD | Point-in-time |
| Equity securities, at cost |
EquitySecuritiesWithoutReadilyDeterminableFairValueAmount
|
$10.92M | USD | Point-in-time |
| Equity securities, at cost |
EquitySecuritiesWithoutReadilyDeterminableFairValueAmount
|
$14.39M | USD | Point-in-time |
| Mortgage loans on real estate at amortized cost |
MortgageLoansOnRealEstate
|
$20.80M | USD | Point-in-time |
| Mortgage loans on real estate at amortized cost |
MortgageLoansOnRealEstate
|
$8.22M | USD | Point-in-time |
| Investment real estate |
RealEstateInvestments
|
$44.34M | USD | Point-in-time |
| Investment real estate |
RealEstateInvestments
|
$38.09M | USD | Point-in-time |
| Common stock, par value (in dollars per share) |
CommonStockNoParValue
|
- | USD | Point-in-time |
| Common stock, par value (in dollars per share) |
CommonStockNoParValue
|
- | USD | Point-in-time |
| Notes receivable |
NotesReceivableNet
|
$17.68M | USD | Point-in-time |
| Notes receivable |
NotesReceivableNet
|
$19.49M | USD | Point-in-time |
| Common stock, stated value (in dollars per share) |
CommonStockParOrStatedValuePerShare
|
$0.00 | USD | Point-in-time |
| Policy loans |
PolicyLoansReceivable
|
$8.80M | USD | Point-in-time |
| Policy loans |
PolicyLoansReceivable
|
$8.59M | USD | Point-in-time |
| Common stock, stated value (in dollars per share) |
CommonStockParOrStatedValuePerShare
|
$0.00 | USD | Point-in-time |
| Common stock, authorized (in shares) |
CommonStockSharesAuthorized
|
7.00M | shares | Point-in-time |
| Short-term investments |
OtherShortTermInvestments
|
- | USD | Point-in-time |
| Common stock, authorized (in shares) |
CommonStockSharesAuthorized
|
7.00M | shares | Point-in-time |
| Short-term investments |
OtherShortTermInvestments
|
$10.44M | USD | Point-in-time |
| Total investments |
Investments
|
$352.51M | USD | Point-in-time |
| Common stock, issued (in shares) |
CommonStockSharesIssued
|
3.28M | shares | Point-in-time |
| Common stock, issued (in shares) |
CommonStockSharesIssued
|
3.18M | shares | Point-in-time |
| Total investments |
Investments
|
$343.41M | USD | Point-in-time |
| Common stock, outstanding (in shares) |
CommonStockSharesOutstanding
|
3.18M | shares | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$39.03M | USD | Point-in-time |
| Common stock, outstanding (in shares) |
CommonStockSharesOutstanding
|
3.28M | shares | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$28.79M | USD | Point-in-time |
| Accrued investment income |
AccruedInvestmentIncomeReceivable
|
$1.68M | USD | Point-in-time |
| Accrued investment income |
AccruedInvestmentIncomeReceivable
|
$1.34M | USD | Point-in-time |
| Future policy benefits |
ReinsuranceRecoverables
|
$25.66M | USD | Point-in-time |
| Future policy benefits |
ReinsuranceRecoverables
|
$25.27M | USD | Point-in-time |
| Policy claims and other benefits |
ReinsuranceReceivablesIncurredButNotReportedClaims
|
$3.99M | USD | Point-in-time |
| Policy claims and other benefits |
ReinsuranceReceivablesIncurredButNotReportedClaims
|
$4.14M | USD | Point-in-time |
| Cost of insurance acquired |
ValueOfBusinessAcquiredVOBA
|
$4.85M | USD | Point-in-time |
| Cost of insurance acquired |
ValueOfBusinessAcquiredVOBA
|
$5.62M | USD | Point-in-time |
| Cost of insurance acquired |
ValueOfBusinessAcquiredVOBA
|
$4.10M | USD | Point-in-time |
| Property and equipment, net of accumulated depreciation |
PropertyPlantAndEquipmentNet
|
$427.74K | USD | Point-in-time |
| Property and equipment, net of accumulated depreciation |
PropertyPlantAndEquipmentNet
|
$348.17K | USD | Point-in-time |
| Other assets |
OtherAssets
|
$1.58M | USD | Point-in-time |
| Other assets |
OtherAssets
|
$695.52K | USD | Point-in-time |
| Total assets |
Assets
|
$418.75M | USD | Point-in-time |
| Total assets |
Assets
|
$419.06M | USD | Point-in-time |
| Future policy benefits |
LiabilityForFuturePolicyBenefits
|
$243.99M | USD | Point-in-time |
| Future policy benefits |
LiabilityForFuturePolicyBenefits
|
$249.26M | USD | Point-in-time |
| Policy claims and benefits payable |
LiabilityForClaimsAndClaimsAdjustmentExpense
|
$4.17M | USD | Point-in-time |
| Policy claims and benefits payable |
LiabilityForClaimsAndClaimsAdjustmentExpense
|
$3.63M | USD | Point-in-time |
| Other policyholder funds |
OtherPolicyholderFunds
|
$404.18K | USD | Point-in-time |
| Other policyholder funds |
OtherPolicyholderFunds
|
$365.76K | USD | Point-in-time |
| Dividend and endowment accumulations |
PolicyholderDividendsPayable
|
$14.84M | USD | Point-in-time |
| Dividend and endowment accumulations |
PolicyholderDividendsPayable
|
$14.63M | USD | Point-in-time |
| Income taxes payable |
AccruedIncomeTaxes
|
$268.50K | USD | Point-in-time |
| Income taxes payable |
AccruedIncomeTaxes
|
$313.66K | USD | Point-in-time |
| Deferred income taxes |
DeferredIncomeTaxLiabilitiesNet
|
$13.22M | USD | Point-in-time |
| Deferred income taxes |
DeferredIncomeTaxLiabilitiesNet
|
$13.00M | USD | Point-in-time |
| Trading securities, at fair value (proceeds $11,246 and $0) |
NotesPayable
|
- | USD | Point-in-time |
| Trading securities, at fair value (proceeds $11,246 and $0) |
NotesPayable
|
$12.22K | USD | Point-in-time |
| Other liabilities |
OtherLiabilities
|
$5.79M | USD | Point-in-time |
| Other liabilities |
OtherLiabilities
|
$5.28M | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$281.91M | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$287.25M | USD | Point-in-time |
| Common stock - no par value, stated value $0.001 per share. Authorized 7,000,000 shares - 3,175,5564 and 3,277,830 shares issued and outstanding |
CommonStockValue
|
$3.28K | USD | Point-in-time |
| Common stock - no par value, stated value $0.001 per share. Authorized 7,000,000 shares - 3,175,5564 and 3,277,830 shares issued and outstanding |
CommonStockValue
|
$3.18K | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapitalCommonStock
|
$33.03M | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapitalCommonStock
|
$36.01M | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$85.98M | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$88.07M | USD | Point-in-time |
| Accumulated other comprehensive income |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$15.58M | USD | Point-in-time |
| Accumulated other comprehensive income |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$8.98M | USD | Point-in-time |
| Total UTG shareholders' equity |
StockholdersEquity
|
$130.97M | USD | Point-in-time |
| Total UTG shareholders' equity |
StockholdersEquity
|
$136.68M | USD | Point-in-time |
| Noncontrolling interests |
MinorityInterest
|
$523.63K | USD | Point-in-time |
| Noncontrolling interests |
MinorityInterest
|
$460.77K | USD | Point-in-time |
| Total shareholders' equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$137.14M | USD | Point-in-time |
| Total shareholders' equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$131.50M | USD | Point-in-time |
| Total shareholders' equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$107.08M | USD | Point-in-time |
| Total liabilities and shareholders' equity |
LiabilitiesAndStockholdersEquity
|
$419.06M | USD | Point-in-time |
| Total liabilities and shareholders' equity |
LiabilitiesAndStockholdersEquity
|
$418.75M | USD | Point-in-time |
Income Statement
54 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Premiums and policy fees |
PremiumsAndPolicyFees
|
$9.26M | USD | Annual |
| Premiums and policy fees |
PremiumsAndPolicyFees
|
$9.60M | USD | Annual |
| Ceded reinsurance premiums and policy fees |
CededReinsurancePremiumsAndPolicyFees
|
$2.54M | USD | Annual |
| Ceded reinsurance premiums and policy fees |
CededReinsurancePremiumsAndPolicyFees
|
$2.73M | USD | Annual |
| Net investment income |
NetInvestmentIncome
|
$9.53M | USD | Annual |
| Net investment income |
NetInvestmentIncome
|
$11.18M | USD | Annual |
| Other income |
OtherIncome
|
$388.34K | USD | Annual |
| Other income |
OtherIncome
|
$343.47K | USD | Annual |
| Revenue before net investment gains (losses) |
RevenuesBeforeRealizedGainsLosses
|
$18.64M | USD | Annual |
| Revenue before net investment gains (losses) |
RevenuesBeforeRealizedGainsLosses
|
$16.40M | USD | Annual |
| Other-than-temporary impairments |
OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNetAvailableforsaleSecurities
|
- | USD | Annual |
| Other-than-temporary impairments |
OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNetAvailableforsaleSecurities
|
$650.96K | USD | Annual |
| Other realized investment gains, net |
GainLossOnSaleOfOtherInvestments
|
$4.65M | USD | Annual |
| Other realized investment gains, net |
GainLossOnSaleOfOtherInvestments
|
$7.60M | USD | Annual |
| Change in fair value of equity securities |
EquitySecuritiesFvNiRealizedGainLoss
|
$6.21M | USD | Annual |
| Change in fair value of equity securities |
EquitySecuritiesFvNiRealizedGainLoss
|
$18.61M | USD | Annual |
| Total net investment gains (losses) |
DebtAndEquitySecuritiesGainLoss
|
$25.56M | USD | Annual |
| Total net investment gains (losses) |
DebtAndEquitySecuritiesGainLoss
|
$10.85M | USD | Annual |
| Total revenues |
Revenues
|
$27.26M | USD | Annual |
| Total revenues |
Revenues
|
$44.20M | USD | Annual |
| Life |
PolicyholderBenefitsAndClaimsIncurredGross
|
$16.19M | USD | Annual |
| Life |
PolicyholderBenefitsAndClaimsIncurredGross
|
$17.27M | USD | Annual |
| Ceded reinsurance benefits and claims |
ReinsuranceCostsAndRecoveriesNet
|
$2.23M | USD | Annual |
| Ceded reinsurance benefits and claims |
ReinsuranceCostsAndRecoveriesNet
|
$2.40M | USD | Annual |
| Annuity |
PolicyholderBenefitsAndClaimsIncurredNetAnnuity
|
$1.04M | USD | Annual |
| Annuity |
PolicyholderBenefitsAndClaimsIncurredNetAnnuity
|
$1.02M | USD | Annual |
| Dividends to policyholders |
PolicyholderDividends
|
$333.33K | USD | Annual |
| Dividends to policyholders |
PolicyholderDividends
|
$359.15K | USD | Annual |
| Commissions |
InsuranceCommissionsAndFees
|
$130.83K | USD | Annual |
| Commissions |
InsuranceCommissionsAndFees
|
$129.84K | USD | Annual |
| Amortization of cost of insurance acquired |
AmortizationOfValueOfBusinessAcquiredVOBA
|
$775.91K | USD | Annual |
| Amortization of cost of insurance acquired |
AmortizationOfValueOfBusinessAcquiredVOBA
|
$744.85K | USD | Annual |
| Operating expenses |
OperatingExpenses
|
$8.01M | USD | Annual |
| Operating expenses |
OperatingExpenses
|
$7.87M | USD | Annual |
| Total benefits and other expenses |
BenefitsLossesAndExpenses
|
$24.70M | USD | Annual |
| Total benefits and other expenses |
BenefitsLossesAndExpenses
|
$24.01M | USD | Annual |
| Income before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
$20.19M | USD | Annual |
| Income before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
$2.56M | USD | Annual |
| Income tax (benefit) expense |
IncomeTaxExpenseBenefit
|
$3.59M | USD | Annual |
| Income tax (benefit) expense |
IncomeTaxExpenseBenefit
|
$340.49K | USD | Annual |
| Net income (loss) |
ProfitLoss
|
$16.60M | USD | Annual |
| Net income (loss) |
ProfitLoss
|
$2.22M | USD | Annual |
| Net income attributable to noncontrolling interests |
NetIncomeLossAttributableToNoncontrollingInterest
|
$127.96K | USD | Annual |
| Net income attributable to noncontrolling interests |
NetIncomeLossAttributableToNoncontrollingInterest
|
$325.14K | USD | Annual |
| Net income (loss) attributable to common shareholders |
NetIncomeLoss
|
$2.09M | USD | Annual |
| Net income (loss) attributable to common shareholders |
NetIncomeLoss
|
$16.27M | USD | Annual |
| Basic income per share (in dollars per share) |
EarningsPerShareBasic
|
$0.65 | USD | Annual |
| Basic income per share (in dollars per share) |
EarningsPerShareBasic
|
$4.95 | USD | Annual |
| Diluted income (loss) per share (in dollars per share) |
EarningsPerShareDiluted
|
$0.65 | USD | Annual |
| Diluted income (loss) per share (in dollars per share) |
EarningsPerShareDiluted
|
$4.95 | USD | Annual |
| Basic weighted average shares outstanding (in shares) |
WeightedAverageNumberOfSharesOutstandingBasic
|
3.23M | shares | Annual |
| Basic weighted average shares outstanding (in shares) |
WeightedAverageNumberOfSharesOutstandingBasic
|
3.29M | shares | Annual |
| Diluted weighted average shares outstanding (in shares) |
WeightedAverageNumberOfDilutedSharesOutstanding
|
3.29M | shares | Annual |
| Diluted weighted average shares outstanding (in shares) |
WeightedAverageNumberOfDilutedSharesOutstanding
|
3.23M | shares | Annual |
Cash Flow Statement
92 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income |
ProfitLoss
|
$16.60M | USD | Annual |
| Net income |
ProfitLoss
|
$2.22M | USD | Annual |
| Amortization (accretion) of investments |
AccretionAmortizationOfDiscountsAndPremiumsInvestments
|
$48.54K | USD | Annual |
| Amortization (accretion) of investments |
AccretionAmortizationOfDiscountsAndPremiumsInvestments
|
$-136.99K | USD | Annual |
| Other-than-temporary impairments |
OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNetAvailableforsaleSecurities
|
- | USD | Annual |
| Other-than-temporary impairments |
OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNetAvailableforsaleSecurities
|
$650.96K | USD | Annual |
| Realized investment gains, net |
AvailableforsaleSecuritiesGrossRealizedGainLossExcludingOtherThanTemporaryImpairments
|
$7.60M | USD | Annual |
| Realized investment gains, net |
AvailableforsaleSecuritiesGrossRealizedGainLossExcludingOtherThanTemporaryImpairments
|
$4.65M | USD | Annual |
| Change in fair value of equity securities |
EquitySecuritiesFvNiGainLoss
|
$18.61M | USD | Annual |
| Change in fair value of equity securities |
EquitySecuritiesFvNiGainLoss
|
$6.21M | USD | Annual |
| Unrealized trading (gains) losses included in income |
DebtSecuritiesTradingUnrealizedGainLoss
|
$-973.00 | USD | Annual |
| Unrealized trading (gains) losses included in income |
DebtSecuritiesTradingUnrealizedGainLoss
|
- | USD | Annual |
| Realized trading (gains) losses included in income |
DebtSecuritiesTradingRealizedGainLoss
|
$-132.52K | USD | Annual |
| Realized trading (gains) losses included in income |
DebtSecuritiesTradingRealizedGainLoss
|
$3.89K | USD | Annual |
| Amortization of cost of insurance acquired |
AmortizationOfValueOfBusinessAcquiredVOBA
|
$775.91K | USD | Annual |
| Amortization of cost of insurance acquired |
AmortizationOfValueOfBusinessAcquiredVOBA
|
$744.85K | USD | Annual |
| Depreciation and depletion |
Depreciation
|
$1.70M | USD | Annual |
| Depreciation and depletion |
Depreciation
|
$3.14M | USD | Annual |
| Stock-based compensation |
ShareBasedCompensation
|
$325.67K | USD | Annual |
| Stock-based compensation |
ShareBasedCompensation
|
$353.89K | USD | Annual |
| Charges for mortality and administration of universal life and annuity products |
ChargesForMortalityAndAdministrationOfUniversalLifeAndAnnuityProducts
|
$6.36M | USD | Annual |
| Charges for mortality and administration of universal life and annuity products |
ChargesForMortalityAndAdministrationOfUniversalLifeAndAnnuityProducts
|
$5.21M | USD | Annual |
| Interest credited to account balances |
InterestCreditedToPolicyholdersAccountBalances
|
$4.09M | USD | Annual |
| Interest credited to account balances |
InterestCreditedToPolicyholdersAccountBalances
|
$4.01M | USD | Annual |
| Change in accrued investment income |
IncreaseDecreaseInAccruedInvestmentIncomeReceivable
|
$-338.14K | USD | Annual |
| Change in accrued investment income |
IncreaseDecreaseInAccruedInvestmentIncomeReceivable
|
$-440.10K | USD | Annual |
| Change in reinsurance receivables |
IncreaseDecreaseInReinsuranceRecoverable
|
$-374.51K | USD | Annual |
| Change in reinsurance receivables |
IncreaseDecreaseInReinsuranceRecoverable
|
$-541.29K | USD | Annual |
| Change in policy liabilities and accruals |
IncreaseDecreaseInInsuranceLiabilities
|
$-2.29M | USD | Annual |
| Change in policy liabilities and accruals |
IncreaseDecreaseInInsuranceLiabilities
|
$-4.33M | USD | Annual |
| Change in income taxes receivable (payable) |
IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable
|
$-45.16K | USD | Annual |
| Change in income taxes receivable (payable) |
IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable
|
$593.00K | USD | Annual |
| Change in other assets and liabilities, net |
IncreaseDecreaseInOtherOperatingCapitalNet
|
$-1.99M | USD | Annual |
| Change in other assets and liabilities, net |
IncreaseDecreaseInOtherOperatingCapitalNet
|
$3.53M | USD | Annual |
| Net cash used in operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$-13.24M | USD | Annual |
| Net cash used in operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$-6.48M | USD | Annual |
| Fixed maturities available for sale |
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
|
$23.92M | USD | Annual |
| Fixed maturities available for sale |
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
|
$14.39M | USD | Annual |
| Equity securities |
ProceedsFromSaleOfAvailableForSaleSecuritiesEquity
|
$14.39M | USD | Annual |
| Equity securities |
ProceedsFromSaleOfAvailableForSaleSecuritiesEquity
|
$18.28M | USD | Annual |
| Trading securities |
ProceedsFromSaleAndMaturityOfTradingSecuritiesHeldForInvestmentNetOfAmountPaidOut
|
- | USD | Annual |
| Trading securities |
ProceedsFromSaleAndMaturityOfTradingSecuritiesHeldForInvestmentNetOfAmountPaidOut
|
$-579.00 | USD | Annual |
| Mortgage loans |
ProceedsFromSaleAndCollectionOfMortgageNotesReceivable
|
$5.28M | USD | Annual |
| Mortgage loans |
ProceedsFromSaleAndCollectionOfMortgageNotesReceivable
|
$707.27K | USD | Annual |
| Real estate |
ProceedsFromSaleOfRealEstateHeldforinvestment
|
$11.98M | USD | Annual |
| Real estate |
ProceedsFromSaleOfRealEstateHeldforinvestment
|
$11.18M | USD | Annual |
| Notes receivable |
ProceedsFromSaleAndCollectionOfNotesReceivable
|
$20.26M | USD | Annual |
| Notes receivable |
ProceedsFromSaleAndCollectionOfNotesReceivable
|
$5.31M | USD | Annual |
| Policy loans |
ProceedsFromCollectionOfPolicyLoans
|
$1.26M | USD | Annual |
| Policy loans |
ProceedsFromCollectionOfPolicyLoans
|
$1.64M | USD | Annual |
| Short-term investments |
ProceedsFromSaleMaturityAndCollectionOfShorttermInvestments
|
- | USD | Annual |
| Short-term investments |
ProceedsFromSaleMaturityAndCollectionOfShorttermInvestments
|
$18.50M | USD | Annual |
| Total proceeds from investments sold and matured |
ProceedsFromSaleMaturityAndCollectionsOfInvestments
|
$67.14M | USD | Annual |
| Total proceeds from investments sold and matured |
ProceedsFromSaleMaturityAndCollectionsOfInvestments
|
$79.96M | USD | Annual |
| Fixed maturities available for sale |
PaymentsToAcquireAvailableForSaleSecuritiesDebt
|
$14.63M | USD | Annual |
| Fixed maturities available for sale |
PaymentsToAcquireAvailableForSaleSecuritiesDebt
|
$9.05M | USD | Annual |
| Equity securities |
PaymentsToAcquireAvailableForSaleSecuritiesEquity
|
$2.09M | USD | Annual |
| Equity securities |
PaymentsToAcquireAvailableForSaleSecuritiesEquity
|
$15.36M | USD | Annual |
| Trading securities |
ProceedsFromPaymentsForTradingSecurities
|
$-132.52K | USD | Annual |
| Trading securities |
ProceedsFromPaymentsForTradingSecurities
|
$15.72K | USD | Annual |
| Mortgage loans |
PaymentsToAcquireMortgageNotesReceivable
|
$13.21M | USD | Annual |
| Mortgage loans |
PaymentsToAcquireMortgageNotesReceivable
|
$4.37M | USD | Annual |
| Real estate |
PaymentsToAcquireRealEstateHeldForInvestment
|
$1.96M | USD | Annual |
| Real estate |
PaymentsToAcquireRealEstateHeldForInvestment
|
$3.00M | USD | Annual |
| Notes receivable |
PaymentsToAcquireNotesReceivable
|
$16.03M | USD | Annual |
| Notes receivable |
PaymentsToAcquireNotesReceivable
|
$3.50M | USD | Annual |
| Policy loans |
PaymentsToFundPolicyLoans
|
$1.24M | USD | Annual |
| Policy loans |
PaymentsToFundPolicyLoans
|
$1.04M | USD | Annual |
| Short-term investments |
PaymentsToAcquireShortTermInvestments
|
$10.40M | USD | Annual |
| Short-term investments |
PaymentsToAcquireShortTermInvestments
|
$7.89M | USD | Annual |
| Total cost of investments acquired |
PaymentsToAcquireInvestments
|
$53.04M | USD | Annual |
| Total cost of investments acquired |
PaymentsToAcquireInvestments
|
$50.86M | USD | Annual |
| Net cash provided by investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$26.92M | USD | Annual |
| Net cash provided by investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$16.28M | USD | Annual |
| Policyholder contract deposits |
ProceedsFromPolicyholderContractDeposits
|
$4.67M | USD | Annual |
| Policyholder contract deposits |
ProceedsFromPolicyholderContractDeposits
|
$4.41M | USD | Annual |
| Policyholder contract withdrawals |
PolicyholderContractWithdrawals
|
$4.39M | USD | Annual |
| Policyholder contract withdrawals |
PolicyholderContractWithdrawals
|
$4.34M | USD | Annual |
| Purchase of treasury stock |
PaymentsForRepurchaseOfCommonStock
|
$909.37K | USD | Annual |
| Purchase of treasury stock |
PaymentsForRepurchaseOfCommonStock
|
$3.31M | USD | Annual |
| Non controlling contributions/(distributions) of consolidated subsidiary |
ProceedsFromPaymentsToMinorityShareholders
|
$-190.82K | USD | Annual |
| Non controlling contributions/(distributions) of consolidated subsidiary |
ProceedsFromPaymentsToMinorityShareholders
|
$-535.66K | USD | Annual |
| Net cash used in financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$-1.16M | USD | Annual |
| Net cash used in financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$-3.44M | USD | Annual |
| Net increase (decrease) in cash and cash equivalents |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
|
$10.24M | USD | Annual |
| Net increase (decrease) in cash and cash equivalents |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
|
$8.64M | USD | Annual |
| Cash and cash equivalents at beginning of year |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$39.03M | USD | Point-in-time |
| Cash and cash equivalents at beginning of year |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$20.15M | USD | Point-in-time |
| Cash and cash equivalents at beginning of year |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$28.79M | USD | Point-in-time |
| Cash and cash equivalents at end of year |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$39.03M | USD | Point-in-time |
| Cash and cash equivalents at end of year |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$20.15M | USD | Point-in-time |
| Cash and cash equivalents at end of year |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$28.79M | USD | Point-in-time |
Stockholders Equity
20 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$137.14M | USD | Point-in-time |
| Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$131.50M | USD | Point-in-time |
| Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$107.08M | USD | Point-in-time |
| Common stock issued during year |
StockIssuedDuringPeriodValueNewIssues
|
$353.89K | USD | Annual |
| Common stock issued during year |
StockIssuedDuringPeriodValueNewIssues
|
$325.67K | USD | Annual |
| Treasury shares acquired and retired |
StockRepurchasedAndRetiredDuringPeriodValue
|
$3.31M | USD | Annual |
| Treasury shares acquired and retired |
StockRepurchasedAndRetiredDuringPeriodValue
|
$909.37K | USD | Annual |
| Net income attributable to common shareholders |
NetIncomeLoss
|
$2.09M | USD | Annual |
| Net income attributable to common shareholders |
NetIncomeLoss
|
$16.27M | USD | Annual |
| Unrealized holding loss on securities net of noncontrolling interest and reclassification adjustment and taxes |
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent
|
$6.61M | USD | Annual |
| Unrealized holding loss on securities net of noncontrolling interest and reclassification adjustment and taxes |
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent
|
$8.92M | USD | Annual |
| Contributions |
NoncontrollingInterestIncreaseFromSaleOfParentEquityInterest
|
- | USD | Annual |
| Contributions |
NoncontrollingInterestIncreaseFromSaleOfParentEquityInterest
|
- | USD | Annual |
| Distributions |
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
|
$535.66K | USD | Annual |
| Distributions |
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
|
$190.82K | USD | Annual |
| Gain attributable to noncontrolling interest |
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToNoncontrollingInterest
|
$127.96K | USD | Annual |
| Gain attributable to noncontrolling interest |
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToNoncontrollingInterest
|
$325.14K | USD | Annual |
| Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$137.14M | USD | Point-in-time |
| Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$131.50M | USD | Point-in-time |
| Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$107.08M | USD | Point-in-time |
Comprehensive Income
22 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income |
ProfitLoss
|
$16.60M | USD | Annual |
| Net income |
ProfitLoss
|
$2.22M | USD | Annual |
| Unrealized holding gains (losses) arising during period, pre-tax |
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
|
$9.07M | USD | Annual |
| Unrealized holding gains (losses) arising during period, pre-tax |
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
|
$10.82M | USD | Annual |
| Tax (expense) benefit on unrealized holding gains (losses) arising during the period |
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
|
$2.27M | USD | Annual |
| Tax (expense) benefit on unrealized holding gains (losses) arising during the period |
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
|
$1.90M | USD | Annual |
| Unrealized holding gains (losses) arising during period, net of tax |
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
$8.55M | USD | Annual |
| Unrealized holding gains (losses) arising during period, net of tax |
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
$7.16M | USD | Annual |
| Less reclassification adjustment for (gains) losses included in net income |
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax
|
$703.52K | USD | Annual |
| Less reclassification adjustment for (gains) losses included in net income |
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax
|
$-462.58K | USD | Annual |
| Tax expense (benefit) for gains included in net income (loss) |
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax
|
$-97.14K | USD | Annual |
| Tax expense (benefit) for gains included in net income (loss) |
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax
|
$147.74K | USD | Annual |
| Reclassification adjustment for (gains) losses included in net income, net of tax |
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
|
$555.78K | USD | Annual |
| Reclassification adjustment for (gains) losses included in net income, net of tax |
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
|
$-365.44K | USD | Annual |
| Subtotal: Other comprehensive income (loss), net of tax |
OtherComprehensiveIncomeLossNetOfTax
|
$6.61M | USD | Annual |
| Subtotal: Other comprehensive income (loss), net of tax |
OtherComprehensiveIncomeLossNetOfTax
|
$8.92M | USD | Annual |
| Comprehensive income |
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
$8.82M | USD | Annual |
| Comprehensive income |
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
$25.51M | USD | Annual |
| Less comprehensive income attributable to noncontrolling interests |
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
$325.14K | USD | Annual |
| Less comprehensive income attributable to noncontrolling interests |
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
$127.96K | USD | Annual |
| Comprehensive income attributable to UTG, Inc. |
ComprehensiveIncomeNetOfTax
|
$25.19M | USD | Annual |
| Comprehensive income attributable to UTG, Inc. |
ComprehensiveIncomeNetOfTax
|
$8.69M | USD | Annual |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.