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Income Tax | 3 Months Ended
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Mar. 31, 2022
Income Tax Disclosure [Abstract] |
Income Tax Disclosure [Text Block] | INCOME TAXES CICA International, a wholly owned subsidiary of Citizens, is considered a controlled foreign corporation for federal tax purposes. As a result, the insurance activity of CICA International is subject to Subpart F of the IRC and is included in Citizens’ taxable income. Due to the 0% enacted tax rate in Bermuda, there are no deferred taxes recorded for CICA International's temporary differences. For the three months ended March 31, 2022 and March 31, 2021, the Subpart F income inclusion generated $0.8 million and $0.4 million, respectively, of federal income tax expense. A reconciliation between the U.S. corporate income tax rate and the effective income tax rate is as follows:
Three Months Ended March 31, | 2022 |  | 2021
(In thousands, except for %) | Amount |  | % |  | Amount |  | %
Federal income tax expense: |  |  |  |  |  |  |
Expected tax expense (benefit) | $ | (205) |  |  | 21.0 | % |  | $ | (577) |  |  | 21.0 | %
Foreign income tax rate differential | (299) |  |  | 30.7 | % |  | (152) |  |  | 5.5 | %
Tax-exempt interest and dividends-received deduction | (25) |  |  | 2.6 | % |  | (30) |  |  | 1.1 | %
Annualized effective tax rate adjustment | 97 |  |  | (10.0) | % |  | 655 |  |  | (23.8) | %
Effect of uncertain tax position | 12 |  |  | (1.2) | % |  | 603 |  |  | (21.9) | %
CICA International Subpart F income | 754 |  |  | (77.4) | % |  | 392 |  |  | (14.3) | %
Nondeductible officer compensation | 21 |  |  | (2.2) | % |  | (73) |  |  | 2.7 | %
Other | 4 |  |  | (0.4) | % |  | 7 |  |  | (0.3) | %
Total federal income tax expense (benefit) | $ | 359 |  |  | (36.9) | % |  | $ | 825 |  |  | (30.0) | %
Income tax expense consists of:
|  |  | Three Months Ended
|  |  | March 31,
(In thousands) |  |  |  |  | 2022 |  | 2021
Federal income tax expense: |  |  |  |  |  |  |
Current |  |  |  |  | $ | 172 |  |  | 1,257 |
Deferred |  |  |  |  | 187 |  |  | (432) |
Total federal income tax expense |  |  |  |  | $ | 359 |  |  | 825 |

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- Definition The entire disclosure for income taxes. Disclosures may include net deferred tax liability or asset recognized in an enterprise's statement of financial position, net change during the year in the total valuation allowance, approximate tax effect of each type of temporary difference and carryforward that gives rise to a significant portion of deferred tax liabilities and deferred tax assets, utilization of a tax carryback, and tax uncertainties information. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 21 -URI http://asc.fasb.org/extlink&oid=121826272&loc=d3e32857-109319 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SAB Topic 11.C) -URI http://asc.fasb.org/extlink&oid=122134291&loc=d3e330215-122817 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 17 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=121826272&loc=d3e32809-109319 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SAB TOPIC 6.I.5.Q1) -URI http://asc.fasb.org/extlink&oid=122134291&loc=d3e330036-122817 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 14 -URI http://asc.fasb.org/extlink&oid=121826272&loc=d3e32705-109319 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 270 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6424409&loc=d3e44925-109338 Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -URI http://asc.fasb.org/topic&trid=2144680 Reference 8: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 30 -Section 50 -Paragraph 2 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=6424122&loc=d3e41874-109331 Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08(h)(2)) -URI http://asc.fasb.org/extlink&oid=120395691&loc=d3e23780-122690 + Details
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