10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0000832480-22-000012 |
| Period End Date | 20220331 |
| Filing Date | 20220513 |
| Fiscal Year | 2022 |
| Fiscal Period | Q1 |
| XBRL Instance | utg22q1_htm.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 $122,031,325 and $127,949,963) |
AvailableForSaleSecuritiesDebtSecurities
|
$140.96M | USD | Point-in-time |
| Fixed maturities, amortized cost |
AvailableForSaleDebtSecuritiesAmortizedCostBasis
|
$127.95M | USD | Point-in-time |
| Fixed maturities, amortized cost |
AvailableForSaleDebtSecuritiesAmortizedCostBasis
|
$122.03M | USD | Point-in-time |
| Fixed maturities, at fair value (amortized cost $122,031,325 and $127,949,963) |
AvailableForSaleSecuritiesDebtSecurities
|
$125.86M | USD | Point-in-time |
| Equity securities, at fair value (cost $70,136,129 and $68,403,168) |
EquitySecuritiesFvNi
|
$132.10M | USD | Point-in-time |
| Equity securities, cost |
EquitySecuritiesFvNiCost
|
$70.14M | USD | Point-in-time |
| Equity securities, cost |
EquitySecuritiesFvNiCost
|
$68.40M | USD | Point-in-time |
| Equity securities, at fair value (cost $70,136,129 and $68,403,168) |
EquitySecuritiesFvNi
|
$122.23M | USD | Point-in-time |
| Equity securities, at cost |
EquitySecuritiesWithoutReadilyDeterminableFairValueAmount
|
$14.54M | USD | Point-in-time |
| Equity securities, at cost |
EquitySecuritiesWithoutReadilyDeterminableFairValueAmount
|
$14.54M | USD | Point-in-time |
| Mortgage loans on real estate at amortized cost |
MortgageLoansOnRealEstate
|
$30.45M | USD | Point-in-time |
| Mortgage loans on real estate at amortized cost |
MortgageLoansOnRealEstate
|
$29.18M | USD | Point-in-time |
| Investment real estate |
RealEstateInvestments
|
$39.75M | USD | Point-in-time |
| Trading securities, proceeds |
TradingSecuritiesProceeds
|
$5.91K | USD | Point-in-time |
| Investment real estate |
RealEstateInvestments
|
$38.99M | USD | Point-in-time |
| Trading securities, proceeds |
TradingSecuritiesProceeds
|
$2.20K | USD | Point-in-time |
| Notes receivable |
NotesReceivableNet
|
$15.94M | USD | Point-in-time |
| Notes receivable |
NotesReceivableNet
|
$17.72M | USD | Point-in-time |
| Common stock, par value (in dollars per share) |
CommonStockNoParValue
|
- | USD | Point-in-time |
| Policy loans |
PolicyLoansReceivable
|
$7.39M | USD | Point-in-time |
| Common stock, par value (in dollars per share) |
CommonStockNoParValue
|
- | USD | Point-in-time |
| Policy loans |
PolicyLoansReceivable
|
$7.32M | USD | Point-in-time |
| Total investments |
Investments
|
$371.78M | USD | Point-in-time |
| Common stock, stated value (in dollars per share) |
CommonStockParOrStatedValuePerShare
|
$0.00 | USD | Point-in-time |
| Common stock, stated value (in dollars per share) |
CommonStockParOrStatedValuePerShare
|
$0.00 | USD | Point-in-time |
| Total investments |
Investments
|
$365.19M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$24.26M | 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
|
$30.79M | USD | Point-in-time |
| Common stock, outstanding (in shares) |
CommonStockSharesOutstanding
|
3.17M | shares | Point-in-time |
| Common stock, outstanding (in shares) |
CommonStockSharesOutstanding
|
3.17M | shares | Point-in-time |
| Accrued investment income |
AccruedInvestmentIncomeReceivable
|
$977.90K | USD | Point-in-time |
| Accrued investment income |
AccruedInvestmentIncomeReceivable
|
$1.26M | USD | Point-in-time |
| Future policy benefits |
ReinsuranceRecoverables
|
$24.74M | USD | Point-in-time |
| Future policy benefits |
ReinsuranceRecoverables
|
$24.89M | USD | Point-in-time |
| Policy claims and other benefits |
ReinsuranceReceivablesIncurredButNotReportedClaims
|
$4.43M | USD | Point-in-time |
| Policy claims and other benefits |
ReinsuranceReceivablesIncurredButNotReportedClaims
|
$4.30M | USD | Point-in-time |
| Cost of insurance acquired |
ValueOfBusinessAcquiredVOBA
|
$3.21M | USD | Point-in-time |
| Cost of insurance acquired |
ValueOfBusinessAcquiredVOBA
|
$3.39M | USD | Point-in-time |
| Income tax receivable |
IncomeTaxReceivable
|
$975.37K | USD | Point-in-time |
| Income tax receivable |
IncomeTaxReceivable
|
- | USD | Point-in-time |
| Other assets |
OtherAssets
|
$1.87M | USD | Point-in-time |
| Other assets |
OtherAssets
|
$1.10M | USD | Point-in-time |
| Total assets |
Assets
|
$438.46M | USD | Point-in-time |
| Total assets |
Assets
|
$424.70M | USD | Point-in-time |
| Future policyholder benefits |
LiabilityForFuturePolicyBenefits
|
$233.83M | USD | Point-in-time |
| Future policyholder benefits |
LiabilityForFuturePolicyBenefits
|
$235.37M | USD | Point-in-time |
| Policy claims and benefits payable |
LiabilityForClaimsAndClaimsAdjustmentExpense
|
$3.72M | USD | Point-in-time |
| Policy claims and benefits payable |
LiabilityForClaimsAndClaimsAdjustmentExpense
|
$3.94M | USD | Point-in-time |
| Other policyholder funds |
OtherPolicyholderFunds
|
$345.25K | USD | Point-in-time |
| Other policyholder funds |
OtherPolicyholderFunds
|
$337.14K | USD | Point-in-time |
| Dividend and endowment accumulations |
PolicyholderDividendsPayable
|
$14.69M | USD | Point-in-time |
| Dividend and endowment accumulations |
PolicyholderDividendsPayable
|
$14.69M | USD | Point-in-time |
| Income taxes payable |
AccruedIncomeTaxes
|
- | USD | Point-in-time |
| Income taxes payable |
AccruedIncomeTaxes
|
$74.47K | USD | Point-in-time |
| Deferred income taxes |
DeferredIncomeTaxLiabilitiesNet
|
$13.68M | USD | Point-in-time |
| Deferred income taxes |
DeferredIncomeTaxLiabilitiesNet
|
$13.34M | USD | Point-in-time |
| Notes payable |
NotesPayable
|
$10.00M | USD | Point-in-time |
| Notes payable |
NotesPayable
|
$24.00M | USD | Point-in-time |
| Trading securities, at fair value (proceeds $5,907 and $2,202) |
TradingSecuritiesAtFairValue
|
$5.29K | USD | Point-in-time |
| Trading securities, at fair value (proceeds $5,907 and $2,202) |
TradingSecuritiesAtFairValue
|
$1.12K | USD | Point-in-time |
| Other liabilities |
OtherLiabilities
|
$5.19M | USD | Point-in-time |
| Other liabilities |
OtherLiabilities
|
$5.27M | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$281.28M | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$297.21M | USD | Point-in-time |
| Common stock - no par value, stated value $.001 per share. Authorized 7,000,000 shares - 3,174,783 and 3,166,669 shares outstanding |
CommonStockValue
|
$3.18K | USD | Point-in-time |
| Common stock - no par value, stated value $.001 per share. Authorized 7,000,000 shares - 3,174,783 and 3,166,669 shares outstanding |
CommonStockValue
|
$3.17K | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapitalCommonStock
|
$33.00M | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapitalCommonStock
|
$32.78M | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$106.92M | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$97.73M | USD | Point-in-time |
| Accumulated other comprehensive income |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$10.25M | USD | Point-in-time |
| Accumulated other comprehensive income |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$2.99M | USD | Point-in-time |
| Total UTG shareholders' equity |
StockholdersEquity
|
$142.92M | USD | Point-in-time |
| Total UTG shareholders' equity |
StockholdersEquity
|
$140.77M | USD | Point-in-time |
| Noncontrolling interests |
MinorityInterest
|
$476.56K | USD | Point-in-time |
| Noncontrolling interests |
MinorityInterest
|
$503.27K | USD | Point-in-time |
| Total shareholders' equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$145.47M | USD | Point-in-time |
| Total shareholders' equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$137.14M | USD | Point-in-time |
| Total shareholders' equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$141.24M | USD | Point-in-time |
| Total shareholders' equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$143.42M | USD | Point-in-time |
| Total liabilities and shareholders' equity |
LiabilitiesAndStockholdersEquity
|
$438.46M | USD | Point-in-time |
| Total liabilities and shareholders' equity |
LiabilitiesAndStockholdersEquity
|
$424.70M | USD | Point-in-time |
Income Statement
54 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Premiums and policy fees |
PremiumsAndPolicyFees
|
$2.15M | USD | 1 Quarter |
| Premiums and policy fees |
PremiumsAndPolicyFees
|
$2.30M | USD | 1 Quarter |
| Ceded reinsurance premiums and policy fees |
CededReinsurancePremiumsAndPolicyFees
|
$646.15K | USD | 1 Quarter |
| Ceded reinsurance premiums and policy fees |
CededReinsurancePremiumsAndPolicyFees
|
$592.47K | USD | 1 Quarter |
| Net investment income |
NetInvestmentIncome
|
$1.96M | USD | 1 Quarter |
| Net investment income |
NetInvestmentIncome
|
$4.46M | USD | 1 Quarter |
| Other income |
OtherIncome
|
$61.32K | USD | 1 Quarter |
| Other income |
OtherIncome
|
$94.73K | USD | 1 Quarter |
| Revenue before net investment gains (losses) |
RevenuesBeforeRealizedGainsLosses
|
$3.76M | USD | 1 Quarter |
| Revenue before net investment gains (losses) |
RevenuesBeforeRealizedGainsLosses
|
$6.03M | USD | 1 Quarter |
| Other realized investment gains, net |
GainLossOnSaleOfOtherInvestments
|
$145.05K | USD | 1 Quarter |
| Other realized investment gains, net |
GainLossOnSaleOfOtherInvestments
|
$4.78M | USD | 1 Quarter |
| Change in fair value of equity securities |
EquitySecuritiesFvNiRealizedGainLoss
|
$20.18M | USD | 1 Quarter |
| Change in fair value of equity securities |
EquitySecuritiesFvNiRealizedGainLoss
|
$8.15M | USD | 1 Quarter |
| Total net investment gains (losses) |
DebtAndEquitySecuritiesGainLoss
|
$12.93M | USD | 1 Quarter |
| Total net investment gains (losses) |
DebtAndEquitySecuritiesGainLoss
|
$20.32M | USD | 1 Quarter |
| Total revenue |
Revenues
|
$18.96M | USD | 1 Quarter |
| Total revenue |
Revenues
|
$24.09M | USD | 1 Quarter |
| Life |
PolicyholderBenefitsAndClaimsIncurredGross
|
$3.99M | USD | 1 Quarter |
| Life |
PolicyholderBenefitsAndClaimsIncurredGross
|
$4.66M | USD | 1 Quarter |
| Ceded reinsurance benefits and claims |
ReinsuranceCostsAndRecoveriesNet
|
$409.15K | USD | 1 Quarter |
| Ceded reinsurance benefits and claims |
ReinsuranceCostsAndRecoveriesNet
|
$987.43K | USD | 1 Quarter |
| Annuity |
PolicyholderBenefitsAndClaimsIncurredNetAnnuity
|
$263.04K | USD | 1 Quarter |
| Annuity |
PolicyholderBenefitsAndClaimsIncurredNetAnnuity
|
$237.56K | USD | 1 Quarter |
| Dividends to policyholders |
PolicyholderDividends
|
$87.81K | USD | 1 Quarter |
| Dividends to policyholders |
PolicyholderDividends
|
$87.16K | USD | 1 Quarter |
| Commissions and amortization of deferred policy acquisition costs |
CommissionsAndAmortizationOfDeferredPolicyAcquisitionCosts
|
$-25.67K | USD | 1 Quarter |
| Commissions and amortization of deferred policy acquisition costs |
CommissionsAndAmortizationOfDeferredPolicyAcquisitionCosts
|
$-26.15K | USD | 1 Quarter |
| Amortization of cost of insurance acquired |
AmortizationOfValueOfBusinessAcquiredVOBA
|
$172.09K | USD | 1 Quarter |
| Amortization of cost of insurance acquired |
AmortizationOfValueOfBusinessAcquiredVOBA
|
$178.74K | USD | 1 Quarter |
| Operating expenses |
OperatingExpenses
|
$2.10M | USD | 1 Quarter |
| Operating expenses |
OperatingExpenses
|
$2.92M | USD | 1 Quarter |
| Interest expense |
InterestExpense
|
- | USD | 1 Quarter |
| Interest expense |
InterestExpense
|
$11.97K | USD | 1 Quarter |
| Total benefits and other expenses |
BenefitsLossesAndExpenses
|
$7.10M | USD | 1 Quarter |
| Total benefits and other expenses |
BenefitsLossesAndExpenses
|
$6.17M | USD | 1 Quarter |
| Income before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$11.86M | USD | 1 Quarter |
| Income before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$17.92M | USD | 1 Quarter |
| Income tax expense |
IncomeTaxExpenseBenefit
|
$3.72M | USD | 1 Quarter |
| Income tax expense |
IncomeTaxExpenseBenefit
|
$2.64M | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$9.22M | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$14.20M | USD | 1 Quarter |
| Net income attributable to noncontrolling interests |
NetIncomeLossAttributableToNoncontrollingInterest
|
$29.75K | USD | 1 Quarter |
| Net income attributable to noncontrolling interests |
NetIncomeLossAttributableToNoncontrollingInterest
|
$26.71K | USD | 1 Quarter |
| Net income attributable to common shareholders |
NetIncomeLoss
|
$9.19M | USD | 1 Quarter |
| Net income attributable to common shareholders |
NetIncomeLoss
|
$14.17M | USD | 1 Quarter |
| Basic income per share (in dollars per share) |
EarningsPerShareBasic
|
$2.90 | USD | 1 Quarter |
| Basic income per share (in dollars per share) |
EarningsPerShareBasic
|
$4.46 | USD | 1 Quarter |
| Diluted income per share (in dollars per share) |
EarningsPerShareDiluted
|
$2.90 | USD | 1 Quarter |
| Diluted income per share (in dollars per share) |
EarningsPerShareDiluted
|
$4.46 | USD | 1 Quarter |
| Basic weighted average shares outstanding (in shares) |
WeightedAverageNumberOfSharesOutstandingBasic
|
3.18M | shares | 1 Quarter |
| Basic weighted average shares outstanding (in shares) |
WeightedAverageNumberOfSharesOutstandingBasic
|
3.17M | shares | 1 Quarter |
| Diluted weighted average shares outstanding (in shares) |
WeightedAverageNumberOfDilutedSharesOutstanding
|
3.17M | shares | 1 Quarter |
| Diluted weighted average shares outstanding (in shares) |
WeightedAverageNumberOfDilutedSharesOutstanding
|
3.18M | shares | 1 Quarter |
Cash Flow Statement
90 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income (loss) |
ProfitLoss
|
$9.22M | USD | 1 Quarter |
| Net income (loss) |
ProfitLoss
|
$14.20M | USD | 1 Quarter |
| Amortization (accretion) of investments |
AccretionAmortizationOfDiscountsAndPremiumsInvestments
|
$48.69K | USD | 1 Quarter |
| Amortization (accretion) of investments |
AccretionAmortizationOfDiscountsAndPremiumsInvestments
|
$49.40K | USD | 1 Quarter |
| Realized investment gains (losses), net |
DebtSecuritiesAvailableForSaleRealizedGainLossExcludingOtherThanTemporaryImpairment
|
$4.78M | USD | 1 Quarter |
| Realized investment gains (losses), net |
DebtSecuritiesAvailableForSaleRealizedGainLossExcludingOtherThanTemporaryImpairment
|
$145.05K | USD | 1 Quarter |
| Change in fair value of equity securities |
EquitySecuritiesFvNiGainLoss
|
$20.18M | USD | 1 Quarter |
| Change in fair value of equity securities |
EquitySecuritiesFvNiGainLoss
|
$8.15M | USD | 1 Quarter |
| Unrealized trading (gains) losses included in income |
DebtSecuritiesTradingUnrealizedGainLoss
|
$-470.00 | USD | 1 Quarter |
| Unrealized trading (gains) losses included in income |
DebtSecuritiesTradingUnrealizedGainLoss
|
$2.73K | USD | 1 Quarter |
| Realized trading (gains) losses included in income |
DebtSecuritiesTradingRealizedGainLoss
|
$-2.52K | USD | 1 Quarter |
| Realized trading (gains) losses included in income |
DebtSecuritiesTradingRealizedGainLoss
|
$10.95K | USD | 1 Quarter |
| Amortization of cost of insurance acquired |
AmortizationOfValueOfBusinessAcquiredVOBA
|
$172.09K | USD | 1 Quarter |
| Amortization of cost of insurance acquired |
AmortizationOfValueOfBusinessAcquiredVOBA
|
$178.74K | USD | 1 Quarter |
| Depreciation and depletion |
Depreciation
|
$624.80K | USD | 1 Quarter |
| Depreciation and depletion |
Depreciation
|
$327.88K | USD | 1 Quarter |
| Stock-based compensation |
ShareBasedCompensation
|
$486.80K | USD | 1 Quarter |
| Stock-based compensation |
ShareBasedCompensation
|
$153.76K | USD | 1 Quarter |
| Charges for mortality and administration of universal life and annuity products |
ChargesForMortalityAndAdministrationOfUniversalLifeAndAnnuityProducts
|
$1.60M | USD | 1 Quarter |
| Charges for mortality and administration of universal life and annuity products |
ChargesForMortalityAndAdministrationOfUniversalLifeAndAnnuityProducts
|
$1.50M | USD | 1 Quarter |
| Interest credited to account balances |
InterestCreditedToPolicyholdersAccountBalances
|
$987.25K | USD | 1 Quarter |
| Interest credited to account balances |
InterestCreditedToPolicyholdersAccountBalances
|
$948.33K | USD | 1 Quarter |
| Change in accrued investment income |
IncreaseDecreaseInAccruedInvestmentIncomeReceivable
|
$-286.26K | USD | 1 Quarter |
| Change in accrued investment income |
IncreaseDecreaseInAccruedInvestmentIncomeReceivable
|
$-122.19K | USD | 1 Quarter |
| Change in reinsurance receivables |
IncreaseDecreaseInReinsuranceRecoverable
|
$-413.49K | USD | 1 Quarter |
| Change in reinsurance receivables |
IncreaseDecreaseInReinsuranceRecoverable
|
$21.91K | USD | 1 Quarter |
| Change in policy liabilities and accruals |
IncreaseDecreaseInInsuranceLiabilities
|
$-1.42M | USD | 1 Quarter |
| Change in policy liabilities and accruals |
IncreaseDecreaseInInsuranceLiabilities
|
$-1.07M | USD | 1 Quarter |
| Change in income taxes receivable (payable) |
IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable
|
$1.05M | USD | 1 Quarter |
| Change in income taxes receivable (payable) |
IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable
|
$-1.22M | USD | 1 Quarter |
| Change in other assets and liabilities, net |
IncreaseDecreaseInOtherOperatingCapitalNet
|
$-904.10K | USD | 1 Quarter |
| Change in other assets and liabilities, net |
IncreaseDecreaseInOtherOperatingCapitalNet
|
$-4.26M | USD | 1 Quarter |
| Net cash used in operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$-2.18M | USD | 1 Quarter |
| Net cash used in operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$-3.69M | USD | 1 Quarter |
| Fixed maturities available for sale |
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
|
$505.00K | USD | 1 Quarter |
| Fixed maturities available for sale |
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
|
$6.02M | USD | 1 Quarter |
| Equity securities |
ProceedsFromSaleOfEquitySecuritiesFvNi
|
$541.79K | USD | 1 Quarter |
| Equity securities |
ProceedsFromSaleOfEquitySecuritiesFvNi
|
$2.52M | USD | 1 Quarter |
| Trading securities |
ProceedsFromSaleAndMaturityOfTradingSecuritiesHeldForInvestmentNetOfAmountPaidOut
|
$8.49K | USD | 1 Quarter |
| Trading securities |
ProceedsFromSaleAndMaturityOfTradingSecuritiesHeldForInvestmentNetOfAmountPaidOut
|
$9.50K | USD | 1 Quarter |
| Mortgage loans |
ProceedsFromSaleAndCollectionOfMortgageNotesReceivable
|
$281.97K | USD | 1 Quarter |
| Mortgage loans |
ProceedsFromSaleAndCollectionOfMortgageNotesReceivable
|
$1.21M | USD | 1 Quarter |
| Real estate |
ProceedsFromSaleOfRealEstateHeldforinvestment
|
$6.57M | USD | 1 Quarter |
| Real estate |
ProceedsFromSaleOfRealEstateHeldforinvestment
|
$589.78K | USD | 1 Quarter |
| Notes receivable |
ProceedsFromSaleAndCollectionOfNotesReceivable
|
$322.41K | USD | 1 Quarter |
| Notes receivable |
ProceedsFromSaleAndCollectionOfNotesReceivable
|
$3.84M | USD | 1 Quarter |
| Policy loans |
ProceedsFromCollectionOfPolicyLoans
|
$244.12K | USD | 1 Quarter |
| Policy loans |
ProceedsFromCollectionOfPolicyLoans
|
$275.91K | USD | 1 Quarter |
| Total proceeds from investments sold and matured |
ProceedsFromSaleMaturityAndCollectionsOfInvestments
|
$3.42M | USD | 1 Quarter |
| Total proceeds from investments sold and matured |
ProceedsFromSaleMaturityAndCollectionsOfInvestments
|
$19.53M | USD | 1 Quarter |
| Fixed maturities available for sale |
PaymentsToAcquireAvailableForSaleSecuritiesDebt
|
$20.00K | USD | 1 Quarter |
| Fixed maturities available for sale |
PaymentsToAcquireAvailableForSaleSecuritiesDebt
|
$50.00K | USD | 1 Quarter |
| Equity securities |
PaymentsToAcquireEquitySecuritiesFvNi
|
$3.91M | USD | 1 Quarter |
| Equity securities |
PaymentsToAcquireEquitySecuritiesFvNi
|
$8.47M | USD | 1 Quarter |
| Trading securities |
ProceedsFromPaymentsForTradingSecurities
|
$-8.31K | USD | 1 Quarter |
| Trading securities |
ProceedsFromPaymentsForTradingSecurities
|
$-4.23K | USD | 1 Quarter |
| Mortgage loans |
PaymentsToAcquireMortgageNotesReceivable
|
$387.04K | USD | 1 Quarter |
| Mortgage loans |
PaymentsToAcquireMortgageNotesReceivable
|
$1.55M | USD | 1 Quarter |
| Real estate |
PaymentsToAcquireRealEstateHeldForInvestment
|
$780.78K | USD | 1 Quarter |
| Real estate |
PaymentsToAcquireRealEstateHeldForInvestment
|
$1.68M | USD | 1 Quarter |
| Notes receivable |
PaymentsToAcquireNotesReceivable
|
$2.06M | USD | 1 Quarter |
| Notes receivable |
PaymentsToAcquireNotesReceivable
|
- | USD | 1 Quarter |
| Policy loans |
PaymentsToFundPolicyLoans
|
$196.03K | USD | 1 Quarter |
| Policy loans |
PaymentsToFundPolicyLoans
|
$207.03K | USD | 1 Quarter |
| Total cost of investments acquired |
PaymentsToAcquireInvestments
|
$9.86M | USD | 1 Quarter |
| Total cost of investments acquired |
PaymentsToAcquireInvestments
|
$9.47M | USD | 1 Quarter |
| Net cash provided by (used in) investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$10.06M | USD | 1 Quarter |
| Net cash provided by (used in) investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-6.43M | USD | 1 Quarter |
| Policyholder contract deposits |
ProceedsFromPolicyholderContractDeposits
|
$1.28M | USD | 1 Quarter |
| Policyholder contract deposits |
ProceedsFromPolicyholderContractDeposits
|
$1.20M | USD | 1 Quarter |
| Policyholder contract withdrawals |
PolicyholderContractWithdrawals
|
$1.82M | USD | 1 Quarter |
| Policyholder contract withdrawals |
PolicyholderContractWithdrawals
|
$1.42M | USD | 1 Quarter |
| Payments of principal on notes payable/line of credit |
RepaymentsOfDebt
|
$14.00M | USD | 1 Quarter |
| Payments of principal on notes payable/line of credit |
RepaymentsOfDebt
|
- | USD | 1 Quarter |
| Purchase of treasury stock |
PaymentsForRepurchaseOfCommonStock
|
$267.43K | USD | 1 Quarter |
| Purchase of treasury stock |
PaymentsForRepurchaseOfCommonStock
|
$112.86K | USD | 1 Quarter |
| Non controlling contributions (distributions) of consolidated subsidiary |
ProceedsFromPaymentsToMinorityShareholders
|
- | USD | 1 Quarter |
| Non controlling contributions (distributions) of consolidated subsidiary |
ProceedsFromPaymentsToMinorityShareholders
|
$-3.00 | USD | 1 Quarter |
| Net cash used in financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$-738.29K | USD | 1 Quarter |
| Net cash used in financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$-14.41M | USD | 1 Quarter |
| Net increase (decrease) in cash and cash equivalents |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
|
$-6.52M | USD | 1 Quarter |
| Net increase (decrease) in cash and cash equivalents |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
|
$-10.86M | USD | 1 Quarter |
| Cash and cash equivalents at beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$30.79M | USD | Point-in-time |
| Cash and cash equivalents at beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$24.26M | USD | Point-in-time |
| Cash and cash equivalents at beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$39.03M | USD | Point-in-time |
| Cash and cash equivalents at beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$28.17M | USD | Point-in-time |
| Cash and cash equivalents at end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$30.79M | USD | Point-in-time |
| Cash and cash equivalents at end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$24.26M | USD | Point-in-time |
| Cash and cash equivalents at end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$39.03M | USD | Point-in-time |
| Cash and cash equivalents at end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$28.17M | USD | Point-in-time |
Stockholders Equity
22 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$145.47M | USD | Point-in-time |
| Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$137.14M | USD | Point-in-time |
| Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$141.24M | USD | Point-in-time |
| Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$143.42M | USD | Point-in-time |
| Common stock issued during year |
StockIssuedDuringPeriodValueNewIssues
|
$486.80K | USD | 1 Quarter |
| Common stock issued during year |
StockIssuedDuringPeriodValueNewIssues
|
$153.76K | USD | 1 Quarter |
| Treasury shares acquired |
StockRepurchasedAndRetiredDuringPeriodValue
|
$112.86K | USD | 1 Quarter |
| Treasury shares acquired |
StockRepurchasedAndRetiredDuringPeriodValue
|
$267.43K | USD | 1 Quarter |
| Net income (loss) attributable to common shareholders |
NetIncomeLoss
|
$9.19M | USD | 1 Quarter |
| Net income (loss) attributable to common shareholders |
NetIncomeLoss
|
$14.17M | USD | 1 Quarter |
| Unrealized holding income on securities net of noncontrolling interest and reclassification adjustment and taxes |
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent
|
$-7.26M | USD | 1 Quarter |
| Unrealized holding income on securities net of noncontrolling interest and reclassification adjustment and taxes |
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent
|
$-5.91M | USD | 1 Quarter |
| Contributions |
NoncontrollingInterestIncreaseFromSaleOfParentEquityInterest
|
- | USD | 1 Quarter |
| Contributions |
NoncontrollingInterestIncreaseFromSaleOfParentEquityInterest
|
- | USD | 1 Quarter |
| Distributions |
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
|
- | USD | 1 Quarter |
| Distributions |
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
|
$3.00 | USD | 1 Quarter |
| Gain attributable to noncontrolling interest |
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToNoncontrollingInterest
|
$26.71K | USD | 1 Quarter |
| Gain attributable to noncontrolling interest |
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToNoncontrollingInterest
|
$29.75K | USD | 1 Quarter |
| Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$145.47M | USD | Point-in-time |
| Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$137.14M | USD | Point-in-time |
| Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$141.24M | USD | Point-in-time |
| Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$143.42M | USD | Point-in-time |
Comprehensive Income
22 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income |
ProfitLoss
|
$9.22M | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$14.20M | USD | 1 Quarter |
| Unrealized holding gains (losses) arising during period, pre-tax |
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
|
$-9.18M | USD | 1 Quarter |
| Unrealized holding gains (losses) arising during period, pre-tax |
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
|
$-7.48M | USD | 1 Quarter |
| Tax (expense) benefit on unrealized holding gains (losses) arising during the period |
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
|
$-1.93M | USD | 1 Quarter |
| Tax (expense) benefit on unrealized holding gains (losses) arising during the period |
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
|
$-1.57M | USD | 1 Quarter |
| Unrealized holding gains (losses) arising during period, net of tax |
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
$-7.26M | USD | 1 Quarter |
| Unrealized holding gains (losses) arising during period, net of tax |
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
$-5.91M | USD | 1 Quarter |
| Less reclassification adjustment for (gains) losses included in net income |
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax
|
- | USD | 1 Quarter |
| Less reclassification adjustment for (gains) losses included in net income |
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax
|
$4.37K | USD | 1 Quarter |
| Tax expense (benefit) for gains included in net income (loss) |
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax
|
$918.00 | USD | 1 Quarter |
| Tax expense (benefit) for gains included in net income (loss) |
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax
|
- | USD | 1 Quarter |
| Reclassification adjustment for (gains) losses included in net income, net of tax |
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
|
- | USD | 1 Quarter |
| Reclassification adjustment for (gains) losses included in net income, net of tax |
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
|
$3.45K | USD | 1 Quarter |
| Subtotal: Other comprehensive income (loss), net of tax |
OtherComprehensiveIncomeLossNetOfTax
|
$-7.26M | USD | 1 Quarter |
| Subtotal: Other comprehensive income (loss), net of tax |
OtherComprehensiveIncomeLossNetOfTax
|
$-5.91M | USD | 1 Quarter |
| Comprehensive income (loss) |
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
$8.29M | USD | 1 Quarter |
| Comprehensive income (loss) |
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
$1.96M | USD | 1 Quarter |
| Less comprehensive income attributable to noncontrolling interests |
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
$26.71K | USD | 1 Quarter |
| Less comprehensive income attributable to noncontrolling interests |
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
$29.75K | USD | 1 Quarter |
| Comprehensive income attributable to UTG, Inc. |
ComprehensiveIncomeNetOfTax
|
$1.93M | USD | 1 Quarter |
| Comprehensive income attributable to UTG, Inc. |
ComprehensiveIncomeNetOfTax
|
$8.26M | USD | 1 Quarter |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.