10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0001140361-23-024344 |
| Period End Date | 20230331 |
| Filing Date | 20230512 |
| Fiscal Year | 2023 |
| Fiscal Period | Q1 |
| XBRL Instance | utg23q1_htm.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
80 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Fixed maturities, at fair value (amortized cost $117,312,884 and $117,279,820) |
AvailableForSaleSecuritiesDebtSecurities
|
$111.14M | USD | Point-in-time |
| Fixed maturities, amortized cost |
AvailableForSaleDebtSecuritiesAmortizedCostBasis
|
$117.31M | USD | Point-in-time |
| Fixed maturities, at fair value (amortized cost $117,312,884 and $117,279,820) |
AvailableForSaleSecuritiesDebtSecurities
|
$108.31M | USD | Point-in-time |
| Fixed maturities, amortized cost |
AvailableForSaleDebtSecuritiesAmortizedCostBasis
|
$117.28M | USD | Point-in-time |
| Equity securities, at fair value (cost $77,544,766 and $77,015,688) |
EquitySecuritiesFvNi
|
$150.05M | USD | Point-in-time |
| Equity securities, cost |
EquitySecuritiesFvNiCost
|
$77.02M | USD | Point-in-time |
| Equity securities, cost |
EquitySecuritiesFvNiCost
|
$77.54M | USD | Point-in-time |
| Equity securities, at fair value (cost $77,544,766 and $77,015,688) |
EquitySecuritiesFvNi
|
$141.93M | USD | Point-in-time |
| Equity securities, at cost |
EquitySecuritiesWithoutReadilyDeterminableFairValueAmount
|
$15.68M | USD | Point-in-time |
| Equity securities, at cost |
EquitySecuritiesWithoutReadilyDeterminableFairValueAmount
|
$15.68M | USD | Point-in-time |
| Mortgage loans on real estate at amortized cost |
MortgageLoansOnRealEstate
|
$30.70M | USD | Point-in-time |
| Mortgage loans on real estate at amortized cost |
MortgageLoansOnRealEstate
|
$29.34M | USD | Point-in-time |
| Investment real estate |
RealEstateInvestments
|
$34.93M | USD | Point-in-time |
| Investment real estate |
RealEstateInvestments
|
$34.68M | 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
|
$15.67M | USD | Point-in-time |
| Notes receivable |
NotesReceivableNet
|
$14.42M | USD | Point-in-time |
| Policy loans |
PolicyLoansReceivable
|
$6.57M | 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 |
| Policy loans |
PolicyLoansReceivable
|
$6.50M | 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 |
| Short-term investments |
OtherShortTermInvestments
|
$3.60M | USD | Point-in-time |
| Short-term investments |
OtherShortTermInvestments
|
$3.64M | USD | Point-in-time |
| Total investments |
Investments
|
$364.27M | USD | Point-in-time |
| Total investments |
Investments
|
$358.57M | USD | Point-in-time |
| Common stock, outstanding (in shares) |
CommonStockSharesOutstanding
|
3.19M | shares | Point-in-time |
| Common stock, outstanding (in shares) |
CommonStockSharesOutstanding
|
3.16M | shares | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$28.28M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$45.29M | USD | Point-in-time |
| Accrued investment income |
AccruedInvestmentIncomeReceivable
|
$1.06M | USD | Point-in-time |
| Accrued investment income |
AccruedInvestmentIncomeReceivable
|
$1.37M | USD | Point-in-time |
| Future policy benefits |
ReinsuranceRecoverables
|
$24.31M | USD | Point-in-time |
| Future policy benefits |
ReinsuranceRecoverables
|
$24.32M | USD | Point-in-time |
| Policy claims and other benefits |
ReinsuranceReceivablesIncurredButNotReportedClaims
|
$4.64M | USD | Point-in-time |
| Policy claims and other benefits |
ReinsuranceReceivablesIncurredButNotReportedClaims
|
$4.28M | USD | Point-in-time |
| Cost of insurance acquired |
ValueOfBusinessAcquiredVOBA
|
$2.53M | USD | Point-in-time |
| Cost of insurance acquired |
ValueOfBusinessAcquiredVOBA
|
$2.70M | USD | Point-in-time |
| Other assets |
OtherAssets
|
$586.42K | USD | Point-in-time |
| Other assets |
OtherAssets
|
$4.95M | USD | Point-in-time |
| Total assets |
Assets
|
$447.53M | USD | Point-in-time |
| Total assets |
Assets
|
$419.62M | USD | Point-in-time |
| Future policyholder benefits |
LiabilityForFuturePolicyBenefits
|
$229.58M | USD | Point-in-time |
| Future policyholder benefits |
LiabilityForFuturePolicyBenefits
|
$228.38M | USD | Point-in-time |
| Policy claims and benefits payable |
LiabilityForClaimsAndClaimsAdjustmentExpense
|
$3.46M | USD | Point-in-time |
| Policy claims and benefits payable |
LiabilityForClaimsAndClaimsAdjustmentExpense
|
$4.07M | USD | Point-in-time |
| Other policyholder funds |
OtherPolicyholderFunds
|
$318.10K | USD | Point-in-time |
| Other policyholder funds |
OtherPolicyholderFunds
|
$320.66K | USD | Point-in-time |
| Dividend and endowment accumulations |
PolicyholderDividendsPayable
|
$14.80M | USD | Point-in-time |
| Dividend and endowment accumulations |
PolicyholderDividendsPayable
|
$14.81M | USD | Point-in-time |
| Income taxes payable |
AccruedIncomeTaxes
|
$4.19M | USD | Point-in-time |
| Income taxes payable |
AccruedIncomeTaxes
|
$4.07M | USD | Point-in-time |
| Deferred income taxes |
DeferredIncomeTaxLiabilitiesNet
|
$10.25M | USD | Point-in-time |
| Deferred income taxes |
DeferredIncomeTaxLiabilitiesNet
|
$11.58M | USD | Point-in-time |
| Notes payable |
NotesPayable
|
$19.00M | USD | Point-in-time |
| Notes payable |
NotesPayable
|
- | USD | Point-in-time |
| Other liabilities |
OtherLiabilities
|
$5.96M | USD | Point-in-time |
| Other liabilities |
OtherLiabilities
|
$4.89M | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$289.51M | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$266.17M | USD | Point-in-time |
| Common stock - no par value, stated value $0.001 per share. Authorized 7,000,000 shares - 3,187,708 and 3,164,809 shares outstanding |
CommonStockValue
|
$3.17K | USD | Point-in-time |
| Common stock - no par value, stated value $0.001 per share. Authorized 7,000,000 shares - 3,187,708 and 3,164,809 shares outstanding |
CommonStockValue
|
$3.19K | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapitalCommonStock
|
$33.27M | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapitalCommonStock
|
$32.69M | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$131.99M | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$124.59M | USD | Point-in-time |
| Accumulated other comprehensive income (loss) |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-4.90M | USD | Point-in-time |
| Accumulated other comprehensive income (loss) |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-7.11M | USD | Point-in-time |
| Total UTG shareholders' equity |
StockholdersEquity
|
$152.96M | USD | Point-in-time |
| Total UTG shareholders' equity |
StockholdersEquity
|
$157.57M | USD | Point-in-time |
| Noncontrolling interests |
MinorityInterest
|
$453.47K | USD | Point-in-time |
| Noncontrolling interests |
MinorityInterest
|
$483.96K | USD | Point-in-time |
| Total shareholders' equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$158.03M | USD | Point-in-time |
| Total shareholders' equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$141.24M | USD | Point-in-time |
| Total shareholders' equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$153.44M | USD | Point-in-time |
| Total shareholders' equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$143.42M | USD | Point-in-time |
| Total liabilities and shareholders' equity |
LiabilitiesAndStockholdersEquity
|
$447.53M | USD | Point-in-time |
| Total liabilities and shareholders' equity |
LiabilitiesAndStockholdersEquity
|
$419.62M | USD | Point-in-time |
Income Statement
54 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Premiums and policy fees |
PremiumsAndPolicyFees
|
$2.06M | USD | 1 Quarter |
| Premiums and policy fees |
PremiumsAndPolicyFees
|
$2.15M | USD | 1 Quarter |
| Ceded reinsurance premiums and policy fees |
CededReinsurancePremiumsAndPolicyFees
|
$517.81K | USD | 1 Quarter |
| Ceded reinsurance premiums and policy fees |
CededReinsurancePremiumsAndPolicyFees
|
$646.15K | USD | 1 Quarter |
| Net investment income |
NetInvestmentIncome
|
$3.32M | USD | 1 Quarter |
| Net investment income |
NetInvestmentIncome
|
$4.46M | USD | 1 Quarter |
| Other income |
OtherIncome
|
$36.59K | USD | 1 Quarter |
| Other income |
OtherIncome
|
$61.32K | USD | 1 Quarter |
| Revenue before net investment gains (losses) |
RevenuesBeforeRealizedGainsLosses
|
$6.03M | USD | 1 Quarter |
| Revenue before net investment gains (losses) |
RevenuesBeforeRealizedGainsLosses
|
$4.89M | USD | 1 Quarter |
| Other realized investment gains, net |
GainLossOnSaleOfOtherInvestments
|
$4.78M | USD | 1 Quarter |
| Other realized investment gains, net |
GainLossOnSaleOfOtherInvestments
|
$716.30K | USD | 1 Quarter |
| Change in fair value of equity securities |
EquitySecuritiesFvNiRealizedGainLoss
|
$-8.65M | USD | 1 Quarter |
| Change in fair value of equity securities |
EquitySecuritiesFvNiRealizedGainLoss
|
$8.15M | USD | 1 Quarter |
| Total net investment gains (losses) |
DebtAndEquitySecuritiesGainLoss
|
$-7.93M | USD | 1 Quarter |
| Total net investment gains (losses) |
DebtAndEquitySecuritiesGainLoss
|
$12.93M | USD | 1 Quarter |
| Total revenue |
Revenues
|
$18.96M | USD | 1 Quarter |
| Total revenue |
Revenues
|
$-3.04M | USD | 1 Quarter |
| Life |
PolicyholderBenefitsAndClaimsIncurredGross
|
$4.66M | USD | 1 Quarter |
| Life |
PolicyholderBenefitsAndClaimsIncurredGross
|
$3.65M | USD | 1 Quarter |
| Ceded reinsurance benefits and claims |
ReinsuranceCostsAndRecoveriesNet
|
$987.43K | USD | 1 Quarter |
| Ceded reinsurance benefits and claims |
ReinsuranceCostsAndRecoveriesNet
|
$613.36K | USD | 1 Quarter |
| Annuity |
PolicyholderBenefitsAndClaimsIncurredNetAnnuity
|
$251.63K | USD | 1 Quarter |
| Annuity |
PolicyholderBenefitsAndClaimsIncurredNetAnnuity
|
$263.04K | USD | 1 Quarter |
| Dividends to policyholders |
PolicyholderDividends
|
$87.00K | 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
|
$-27.86K | USD | 1 Quarter |
| Amortization of cost of insurance acquired |
AmortizationOfValueOfBusinessAcquiredVOBA
|
$172.09K | USD | 1 Quarter |
| Amortization of cost of insurance acquired |
AmortizationOfValueOfBusinessAcquiredVOBA
|
$165.31K | USD | 1 Quarter |
| Operating expenses |
OperatingExpenses
|
$2.92M | USD | 1 Quarter |
| Operating expenses |
OperatingExpenses
|
$2.27M | USD | 1 Quarter |
| Interest expense |
InterestExpense
|
$11.97K | USD | 1 Quarter |
| Interest expense |
InterestExpense
|
$13.92K | USD | 1 Quarter |
| Total benefits and other expenses |
BenefitsLossesAndExpenses
|
$7.10M | USD | 1 Quarter |
| Total benefits and other expenses |
BenefitsLossesAndExpenses
|
$5.80M | USD | 1 Quarter |
| Income (loss) before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$-8.83M | USD | 1 Quarter |
| Income (loss) before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$11.86M | USD | 1 Quarter |
| Income tax expense (benefit) |
IncomeTaxExpenseBenefit
|
$-1.92M | USD | 1 Quarter |
| Income tax expense (benefit) |
IncomeTaxExpenseBenefit
|
$2.64M | USD | 1 Quarter |
| Net income (loss) |
ProfitLoss
|
$9.22M | USD | 1 Quarter |
| Net income (loss) |
ProfitLoss
|
$-6.91M | USD | 1 Quarter |
| Net income attributable to noncontrolling interests |
NetIncomeLossAttributableToNoncontrollingInterest
|
$30.49K | USD | 1 Quarter |
| Net income attributable to noncontrolling interests |
NetIncomeLossAttributableToNoncontrollingInterest
|
$26.71K | USD | 1 Quarter |
| Net income (loss) attributable to common shareholders |
NetIncomeLoss
|
$9.19M | USD | 1 Quarter |
| Net income (loss) attributable to common shareholders |
NetIncomeLoss
|
$-6.94M | USD | 1 Quarter |
| Basic income (loss) per share (in dollars per share) |
EarningsPerShareBasic
|
$2.90 | USD | 1 Quarter |
| Basic income (loss) per share (in dollars per share) |
EarningsPerShareBasic
|
$-2.18 | USD | 1 Quarter |
| Diluted income (loss) per share (in dollars per share) |
EarningsPerShareDiluted
|
$-2.18 | USD | 1 Quarter |
| Diluted income (loss) per share (in dollars per share) |
EarningsPerShareDiluted
|
$2.90 | USD | 1 Quarter |
| Basic weighted average shares outstanding (in shares) |
WeightedAverageNumberOfSharesOutstandingBasic
|
3.17M | shares | 1 Quarter |
| Basic weighted average shares outstanding (in shares) |
WeightedAverageNumberOfSharesOutstandingBasic
|
3.19M | shares | 1 Quarter |
| Diluted weighted average shares outstanding (in shares) |
WeightedAverageNumberOfDilutedSharesOutstanding
|
3.17M | shares | 1 Quarter |
| Diluted weighted average shares outstanding (in shares) |
WeightedAverageNumberOfDilutedSharesOutstanding
|
3.19M | shares | 1 Quarter |
Cash Flow Statement
94 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income (loss) |
ProfitLoss
|
$9.22M | USD | 1 Quarter |
| Net income (loss) |
ProfitLoss
|
$-6.91M | USD | 1 Quarter |
| Amortization (accretion) of investments |
AccretionAmortizationOfDiscountsAndPremiumsInvestments
|
$92.44K | USD | 1 Quarter |
| Amortization (accretion) of investments |
AccretionAmortizationOfDiscountsAndPremiumsInvestments
|
$48.69K | USD | 1 Quarter |
| Realized investment gains, net |
DebtSecuritiesAvailableForSaleRealizedGainLossExcludingOtherThanTemporaryImpairment
|
$4.78M | USD | 1 Quarter |
| Realized investment gains, net |
DebtSecuritiesAvailableForSaleRealizedGainLossExcludingOtherThanTemporaryImpairment
|
$716.30K | USD | 1 Quarter |
| Change in fair value of equity securities |
EquitySecuritiesFvNiGainLoss
|
$-8.65M | USD | 1 Quarter |
| Change in fair value of equity securities |
EquitySecuritiesFvNiGainLoss
|
$8.15M | USD | 1 Quarter |
| Unrealized trading (gains) losses included in income |
DebtSecuritiesTradingUnrealizedGainLoss
|
- | USD | 1 Quarter |
| Unrealized trading (gains) losses included in income |
DebtSecuritiesTradingUnrealizedGainLoss
|
$-470.00 | USD | 1 Quarter |
| Realized investment gains (losses), net |
DebtSecuritiesTradingRealizedGainLoss
|
- | USD | 1 Quarter |
| Realized investment gains (losses), net |
DebtSecuritiesTradingRealizedGainLoss
|
$-2.52K | USD | 1 Quarter |
| Amortization of cost of insurance acquired |
AmortizationOfValueOfBusinessAcquiredVOBA
|
$172.09K | USD | 1 Quarter |
| Amortization of cost of insurance acquired |
AmortizationOfValueOfBusinessAcquiredVOBA
|
$165.31K | USD | 1 Quarter |
| Depreciation and depletion |
Depreciation
|
$327.88K | USD | 1 Quarter |
| Depreciation and depletion |
Depreciation
|
$174.69K | USD | 1 Quarter |
| Stock-based compensation |
ShareBasedCompensation
|
$486.80K | USD | 1 Quarter |
| Stock-based compensation |
ShareBasedCompensation
|
$674.39K | USD | 1 Quarter |
| Charges for mortality and administration of universal life and annuity products |
ChargesForMortalityAndAdministrationOfUniversalLifeAndAnnuityProducts
|
$1.50M | USD | 1 Quarter |
| Charges for mortality and administration of universal life and annuity products |
ChargesForMortalityAndAdministrationOfUniversalLifeAndAnnuityProducts
|
$1.45M | USD | 1 Quarter |
| Interest credited to account balances |
InterestCreditedToPolicyholdersAccountBalances
|
$921.07K | USD | 1 Quarter |
| Interest credited to account balances |
InterestCreditedToPolicyholdersAccountBalances
|
$948.33K | USD | 1 Quarter |
| Change in accrued investment income |
IncreaseDecreaseInAccruedInvestmentIncomeReceivable
|
$-310.38K | USD | 1 Quarter |
| Change in accrued investment income |
IncreaseDecreaseInAccruedInvestmentIncomeReceivable
|
$-286.26K | USD | 1 Quarter |
| Change in reinsurance receivables |
IncreaseDecreaseInReinsuranceRecoverable
|
$21.91K | USD | 1 Quarter |
| Change in reinsurance receivables |
IncreaseDecreaseInReinsuranceRecoverable
|
$-368.89K | USD | 1 Quarter |
| Change in policy liabilities and accruals |
IncreaseDecreaseInInsuranceLiabilities
|
$-1.43M | 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
|
$-122.73K | USD | 1 Quarter |
| Change in other assets and liabilities, net |
IncreaseDecreaseInOtherOperatingCapitalNet
|
$-1.46M | USD | 1 Quarter |
| Change in other assets and liabilities, net |
IncreaseDecreaseInOtherOperatingCapitalNet
|
$-904.10K | USD | 1 Quarter |
| Net cash provided by (used in) operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$-2.18M | USD | 1 Quarter |
| Net cash provided by (used in) operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$2.00M | USD | 1 Quarter |
| Fixed maturities available for sale |
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
|
$20.83K | USD | 1 Quarter |
| Fixed maturities available for sale |
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
|
$6.02M | USD | 1 Quarter |
| Equity securities |
ProceedsFromSaleOfEquitySecuritiesFvNi
|
$958.78K | USD | 1 Quarter |
| Equity securities |
ProceedsFromSaleOfEquitySecuritiesFvNi
|
$2.52M | USD | 1 Quarter |
| Trading securities |
ProceedsFromSaleAndMaturityOfTradingSecuritiesHeldForInvestmentNetOfAmountPaidOut
|
- | USD | 1 Quarter |
| Trading securities |
ProceedsFromSaleAndMaturityOfTradingSecuritiesHeldForInvestmentNetOfAmountPaidOut
|
$9.50K | USD | 1 Quarter |
| Mortgage loans |
ProceedsFromSaleAndCollectionOfMortgageNotesReceivable
|
$984.59K | USD | 1 Quarter |
| Mortgage loans |
ProceedsFromSaleAndCollectionOfMortgageNotesReceivable
|
$281.97K | USD | 1 Quarter |
| Real estate |
ProceedsFromSaleOfRealEstateHeldforinvestment
|
$2.05M | USD | 1 Quarter |
| Real estate |
ProceedsFromSaleOfRealEstateHeldforinvestment
|
$6.57M | USD | 1 Quarter |
| Notes receivable |
ProceedsFromSaleAndCollectionOfNotesReceivable
|
$66.62K | USD | 1 Quarter |
| Notes receivable |
ProceedsFromSaleAndCollectionOfNotesReceivable
|
$3.84M | USD | 1 Quarter |
| Policy loans |
ProceedsFromCollectionOfPolicyLoans
|
$275.91K | USD | 1 Quarter |
| Policy loans |
ProceedsFromCollectionOfPolicyLoans
|
$280.25K | USD | 1 Quarter |
| Short-term investments |
ProceedsFromSaleMaturityAndCollectionOfShorttermInvestments
|
- | USD | 1 Quarter |
| Short-term investments |
ProceedsFromSaleMaturityAndCollectionOfShorttermInvestments
|
$9.74M | USD | 1 Quarter |
| Total proceeds from investments sold and matured |
ProceedsFromSaleMaturityAndCollectionsOfInvestments
|
$19.53M | USD | 1 Quarter |
| Total proceeds from investments sold and matured |
ProceedsFromSaleMaturityAndCollectionsOfInvestments
|
$14.10M | USD | 1 Quarter |
| Fixed maturities available for sale |
PaymentsToAcquireAvailableForSaleSecuritiesDebt
|
$50.00K | USD | 1 Quarter |
| Fixed maturities available for sale |
PaymentsToAcquireAvailableForSaleSecuritiesDebt
|
- | USD | 1 Quarter |
| Equity securities |
PaymentsToAcquireEquitySecuritiesFvNi
|
$1.39M | USD | 1 Quarter |
| Equity securities |
PaymentsToAcquireEquitySecuritiesFvNi
|
$3.91M | USD | 1 Quarter |
| Trading securities |
ProceedsFromPaymentsForTradingSecurities
|
- | USD | 1 Quarter |
| Trading securities |
ProceedsFromPaymentsForTradingSecurities
|
$-8.31K | USD | 1 Quarter |
| Mortgage loans |
PaymentsToAcquireMortgageNotesReceivable
|
- | USD | 1 Quarter |
| Mortgage loans |
PaymentsToAcquireMortgageNotesReceivable
|
$1.55M | USD | 1 Quarter |
| Real estate |
PaymentsToAcquireRealEstateHeldForInvestment
|
$1.38M | USD | 1 Quarter |
| Real estate |
PaymentsToAcquireRealEstateHeldForInvestment
|
$1.68M | USD | 1 Quarter |
| Notes receivable |
PaymentsToAcquireNotesReceivable
|
$2.06M | USD | 1 Quarter |
| Notes receivable |
PaymentsToAcquireNotesReceivable
|
$1.48M | USD | 1 Quarter |
| Policy loans |
PaymentsToFundPolicyLoans
|
$208.42K | USD | 1 Quarter |
| Policy loans |
PaymentsToFundPolicyLoans
|
$207.03K | USD | 1 Quarter |
| Short-term investments |
PaymentsToAcquireShortTermInvestments
|
$9.70M | USD | 1 Quarter |
| Short-term investments |
PaymentsToAcquireShortTermInvestments
|
- | USD | 1 Quarter |
| Total cost of investments acquired |
PaymentsToAcquireInvestments
|
$9.47M | USD | 1 Quarter |
| Total cost of investments acquired |
PaymentsToAcquireInvestments
|
$14.16M | 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
|
$-57.90K | USD | 1 Quarter |
| Policyholder contract deposits |
ProceedsFromPolicyholderContractDeposits
|
$1.28M | USD | 1 Quarter |
| Policyholder contract deposits |
ProceedsFromPolicyholderContractDeposits
|
$1.11M | USD | 1 Quarter |
| Policyholder contract withdrawals |
PolicyholderContractWithdrawals
|
$1.42M | USD | 1 Quarter |
| Policyholder contract withdrawals |
PolicyholderContractWithdrawals
|
$956.74K | USD | 1 Quarter |
| Payments of principal on notes payable/line of credit |
RepaymentsOfDebt
|
$19.00M | USD | 1 Quarter |
| Payments of principal on notes payable/line of credit |
RepaymentsOfDebt
|
$14.00M | USD | 1 Quarter |
| Purchase of treasury stock |
PaymentsForRepurchaseOfCommonStock
|
$100.23K | USD | 1 Quarter |
| Purchase of treasury stock |
PaymentsForRepurchaseOfCommonStock
|
$267.43K | USD | 1 Quarter |
| Non controlling contributions (distributions) of consolidated subsidiary |
ProceedsFromPaymentsToMinorityShareholders
|
$-3.00 | USD | 1 Quarter |
| Non controlling contributions (distributions) of consolidated subsidiary |
ProceedsFromPaymentsToMinorityShareholders
|
- | USD | 1 Quarter |
| Net cash used in financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$-14.41M | USD | 1 Quarter |
| Net cash used in financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$-18.95M | 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
|
$-17.01M | USD | 1 Quarter |
| Cash and cash equivalents at beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$24.26M | USD | Point-in-time |
| Cash and cash equivalents at beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$45.29M | USD | Point-in-time |
| Cash and cash equivalents at beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$28.28M | USD | Point-in-time |
| Cash and cash equivalents at beginning 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
|
$45.29M | USD | Point-in-time |
| Cash and cash equivalents at end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$28.28M | USD | Point-in-time |
| Cash and cash equivalents at end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$30.79M | USD | Point-in-time |
Stockholders Equity
22 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Balance at January 1, 2022 |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$158.03M | USD | Point-in-time |
| Balance at January 1, 2022 |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$141.24M | USD | Point-in-time |
| Balance at January 1, 2022 |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$153.44M | USD | Point-in-time |
| Balance at January 1, 2022 |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$143.42M | USD | Point-in-time |
| Common stock issued during year |
StockIssuedDuringPeriodValueNewIssues
|
$486.80K | USD | 1 Quarter |
| Common stock issued during year |
StockIssuedDuringPeriodValueNewIssues
|
$674.39K | USD | 1 Quarter |
| Treasury shares acquired |
StockRepurchasedAndRetiredDuringPeriodValue
|
$267.43K | USD | 1 Quarter |
| Treasury shares acquired |
StockRepurchasedAndRetiredDuringPeriodValue
|
$100.23K | USD | 1 Quarter |
| Net income (loss) attributable to common shareholders |
NetIncomeLoss
|
$9.19M | USD | 1 Quarter |
| Net income (loss) attributable to common shareholders |
NetIncomeLoss
|
$-6.94M | 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
|
$2.21M | USD | 1 Quarter |
| Contributions |
NoncontrollingInterestIncreaseFromSaleOfParentEquityInterest
|
- | USD | 1 Quarter |
| Contributions |
NoncontrollingInterestIncreaseFromSaleOfParentEquityInterest
|
- | USD | 1 Quarter |
| Distributions |
NoncontrollingInterestDecreaseFromDistributionsToNoncontrollingInterestHoldersAfterAdjustment
|
$3.00 | USD | 1 Quarter |
| Distributions |
NoncontrollingInterestDecreaseFromDistributionsToNoncontrollingInterestHoldersAfterAdjustment
|
- | USD | 1 Quarter |
| Gain attributable to noncontrolling interest |
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToNoncontrollingInterest
|
$30.49K | USD | 1 Quarter |
| Gain attributable to noncontrolling interest |
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToNoncontrollingInterest
|
$26.71K | USD | 1 Quarter |
| Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$158.03M | USD | Point-in-time |
| Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$141.24M | USD | Point-in-time |
| Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$153.44M | 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 (loss) |
ProfitLoss
|
$9.22M | USD | 1 Quarter |
| Net income (loss) |
ProfitLoss
|
$-6.91M | 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
|
$2.81M | 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
|
$586.75K | 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
|
$2.22M | USD | 1 Quarter |
| Less reclassification adjustment for (gains) losses included in net income |
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax
|
$4.37K | USD | 1 Quarter |
| Less reclassification adjustment for (gains) losses included in net income |
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax
|
$20.83K | USD | 1 Quarter |
| Tax expense (benefit) for gains included in net income (loss) |
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax
|
$4.38K | USD | 1 Quarter |
| Tax expense (benefit) for gains included in net income (loss) |
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax
|
$918.00 | USD | 1 Quarter |
| Reclassification adjustment for (gains) losses included in net income, net of tax |
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
|
$16.46K | 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
|
$2.21M | USD | 1 Quarter |
| Subtotal: Other comprehensive income (loss), net of tax |
OtherComprehensiveIncomeLossNetOfTax
|
$-7.26M | USD | 1 Quarter |
| Comprehensive income (loss) |
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
$1.96M | USD | 1 Quarter |
| Comprehensive income (loss) |
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
$-4.70M | USD | 1 Quarter |
| Less comprehensive income attributable to noncontrolling interests |
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
$26.71K | USD | 1 Quarter |
| Less comprehensive income attributable to noncontrolling interests |
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
$30.49K | USD | 1 Quarter |
| Comprehensive income (loss) attributable to UTG, Inc. |
ComprehensiveIncomeNetOfTax
|
$1.93M | USD | 1 Quarter |
| Comprehensive income (loss) attributable to UTG, Inc. |
ComprehensiveIncomeNetOfTax
|
$-4.73M | USD | 1 Quarter |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.