Exhibit 99.1

Financial Supplement

Fourth Quarter 2022

Recast for Targeted Improvements to the Accounting for Long-Duration Contracts (LDTI) - Unaudited

Accounting Standards Update No. 2018-12

CITIZENS, INC. Exhibit 99.1

2022 NOTES TO FILING

Introductory note

Citizens, Inc., also referred to as “Citizens,” “we,” “our,” “its” or the “Company,” adopted Accounting Standards Update No. 2018-12 (“ASU 2018-12”), Targeted Improvements to the Accounting for Long-Duration Contracts (“LDTI”) on January 1, 2023, on a modified retrospective basis with a transition date of January 1, 2021. This Exhibit 99.1 to the Form 8-K is for informational purposes only and includes unaudited figures. The financial statements and related information included within are those management feels are most important and relevant for the users of the Company’s consolidated financial statements and should be read in conjunction with its Annual Report on Form 10-K for the year ended December 31, 2022, originally filed with the Securities and Exchange Commission (the "SEC") on March 10, 2023 (“2022 Form 10-K”). Certain quarterly information not typically included in the 2022 Form 10-K has been included herein for purposes of additional analysis.

Adoption of New Accounting Standard

Citizens has recast certain information contained in its 2022 Form 10-K to reflect the adoption of LDTI. In the first quarter of 2023, the Company adopted ASU 2018-12 which updated certain requirements for the accounting for long-duration insurance contracts and, in accordance with accounting principles generally accepted in the U.S., the Company is required to restate previously reported prior period balances in future financial statements for comparative purposes. The following is a discussion of the most significant impacts as a result of the adoption of LDTI.

•Cash flow assumptions and measuring liability for future policy benefits – ASU 2018-12 requires the Company to review its cash flow assumptions at least annually and update, when necessary, with the impact recognized in net income in the period of the change. Upon adoption, the Company recorded a charge of $0.1 million to retained earnings, net of tax, primarily from capping net premium ratios for certain policyholder benefit cohorts at 100%, increasing reserves for certain non-premium paying cohorts and flooring certain DAC cohorts at zero.

•Discount rate – The discount rate assumption is prescribed by ASU 2018-12 as an upper-medium (low credit risk) fixed-income yield and is required to be updated every quarter. The change in the liability as a result of updating the discount rate assumption is recognized in other comprehensive income (loss) (“OCI”). Upon adoption, there was a pretax decrease to accumulated other comprehensive income (loss) in the amount of $370.3 million as a result of remeasuring in force contract liabilities using current upper-medium grade fixed income instrument yields. The adjustment largely reflects the difference between discount rates locked-in at contract inception versus current discount rates at transition.

•Deferred policy acquisition costs and similar balances – Deferred policy acquisition costs (“DAC”) and other capitalized costs such as cost of insurance acquired (“COIA”) and unearned revenue are amortized on a constant level or straight-line basis over the expected term of the contracts. Upon adoption, the Company recorded a pretax decrease in the amount of $35.2 million to accumulated other comprehensive income (loss) for the removal of net cumulative adjustments to DAC, COIA and unearned revenue associated with unrealized gains and losses previously recorded in accumulated other comprehensive income (loss).

•Other comprehensive income ("OCI") was reduced by $316.8 million primarily due to the difference in the discount rate used prior to transition and the discount rate at January 1, 2021 and the elimination of the adjustments to DAC, COIA and unearned revenue associated with unrealized gains and losses described above after adjusting the changes for taxes.

Change in Balance Sheet Presentation

The Company revised the presentation of its future policy benefit reserves, annuity reserves, supplemental contracts without life contingency reserves and other policyholders’ funds in the consolidated balance sheet. Previously, annuity reserves were reported under future policy benefit reserves while supplemental contracts without life contingency reserves were reported in other policyholders’ funds in the consolidated balance sheet. The Company revised prior periods’ balance sheets to combine annuity reserves and supplemental contracts without life contingency reserves into the annuities financial statement line item under policyholders’ funds in the updated presentation.

CITIZENS, INC. Exhibit 99.1

FORWARD-LOOKING STATEMENTS

This exhibit 99.1 to the Form 8-K (the “Recast Financial Supplement”) contains forward-looking statements, within the meaning of the Private Securities Litigation Reform Act of 1995. All statements contained in this Recast Financial Supplement other than statements of historical fact, including statements regarding our future results of operations and financial position, our business strategy and plans, our expected capital needs, and our objectives for future operations, are forward-looking statements. Forward-looking statements may be identified by words such as “future,” “anticipates,” “believes,” “estimates,” “expects,” “intends,” “plans,” “predicts,” “will,” “would,” “could,” “can,” “may,” and similar terms. We have based these forward-looking statements largely on our current expectations and projections about future events and trends that we believe may affect our financial condition, results of operations, business strategy, short-term and long-term business operations and objectives, and financial needs. These forward-looking statements are subject to a number of risks, uncertainties and assumptions, including those described in Part I, Item 1A, "Risk Factors" in our Annual Report on Form 10-K for the year ended December 31, 2022, filed with the Securities and Exchange Commission on March 10, 2023. In light of these risks, uncertainties and assumptions, the future events and trends discussed in this Recast Financial Supplement may not occur and actual results could differ materially and adversely from those anticipated or implied in the forward-looking statements.

You should read this Recast Financial Supplement completely and with the understanding that actual results may be materially different from expectations. All forward-looking statements made in this Recast Financial Supplement are qualified by these cautionary statements. These forward-looking statements are made only as of the date of this Recast Financial Supplement, and we do not undertake any obligation to update or revise any forward-looking statements to reflect the occurrences of events, unanticipated or otherwise, other than as may be required by law.

CITIZENS, INC.

CITIZENS, INC. AND CONSOLIDATED SUBSIDIARIES Consolidated Balance Sheets (Recast for LDTI)
As of (Unaudited, in thousands)						Dec. 31, 2022						Dec. 31, 2021
Assets
Investments:
Fixed maturity securities available-for-sale						$	1,179,619					1,470,617
Equity securities						11,590						14,844
Policy loans						78,773						80,307
Other long-term investments						69,558						57,399
Short-term investments						1,241						—
Total investments						1,340,781						1,623,167
Cash and cash equivalents						22,973						27,294
Accrued investment income						17,131						16,197
Reinsurance recoverable						4,560						5,539
Deferred policy acquisition costs						162,927						152,418
Cost of insurance acquired						10,647						11,268
Federal income tax receivable						601						762
Deferred tax asset, net						—						5,532
Property and equipment, net						12,926						14,074
Due premiums						11,829						10,748
Other assets						6,328						5,739
Total assets						$	1,590,703					1,872,738
Liabilities and Stockholders' Equity
Liabilities:
Policy liabilities:
Future policy benefit reserves:
Life insurance						$	1,198,647					1,531,711
Accident and health						767						784
Future policy benefit reserves						1,199,414						1,532,495
Policyholders' funds:
Annuities						121,422						109,441
Dividend accumulations						41,663						37,760
Premiums paid in advance						36,384						40,690
Policy claims payable						9,884						14,590
Other policyholders' funds						7,501						6,740
Total policyholders' funds						216,854						209,221
Total policy liabilities						1,416,268						1,741,716
Commissions payable						1,967						2,285
Deferred federal income tax liability, net						3,653						—
Other liabilities						41,025						28,780
Total liabilities						1,462,913						1,772,781
Stockholders' Equity:
Class A common stock						268,147						265,561
Class B common stock						3,184						3,184
Accumulated deficit						16,309						(9,698)
Accumulated other comprehensive income (loss):
Net unrealized gains (losses) on fixed maturity securities, net of tax						(137,044)						(138,989)
Treasury stock, at cost						(22,806)						(20,101)
Total stockholders' equity						127,790						99,957
Total liabilities and stockholders' equity						$	1,590,703					1,872,738

Exhibit 99.1 | Citizens, Inc. 8-K 1

CITIZENS, INC.

CITIZENS, INC. AND CONSOLIDATED SUBSIDIARIES Consolidated Balance Sheets, Continued Quarterly Summary (Recast for LDTI)
As of (Unaudited, in thousands)			Dec. 31, 2022			Sep. 30, 2022			Jun. 30, 2022			Mar. 31, 2022
Assets
Investments:
Fixed maturity securities available-for-sale			$	1,179,619		1,161,048			1,237,004			1,355,410
Equity securities			11,590			11,789			12,711			13,902
Policy loans			78,773			78,085			78,586			79,345
Other long-term investments			69,558			62,717			66,002			63,927
Short-term investments			1,241			1,241			—			—
Total investments			1,340,781			1,314,880			1,394,303			1,512,584
Cash and cash equivalents			22,973			21,007			22,407			21,298
Accrued investment income			17,131			16,615			16,497			15,755
Reinsurance recoverable			4,560			3,485			3,426			3,574
Deferred policy acquisition costs			162,927			159,104			156,356			153,640
Cost of insurance acquired			10,647			10,822			10,988			11,139
Tax asset			601			—			204			3,851
Property and equipment, net			12,926			13,310			13,689			14,088
Due premiums			11,829			10,551			9,538			8,971
Other assets			6,328			6,572			6,801			5,886
Total assets			1,590,703			1,556,346			1,634,209			1,750,786
Liabilities and Stockholders' Equity
Liabilities:
Policy liabilities:
Future policy benefit reserves:
Life insurance			$	1,198,647		1,190,502			1,263,346			1,380,100
Accident and health			767			729			745			766
Future policy benefit reserves			1,199,414			1,191,231			1,264,091			1,380,866
Policyholders' funds:
Annuities			121,422			118,452			114,923			111,751
Dividend accumulations			41,663			40,483			39,622			38,575
Premiums paid in advance			36,384			38,437			39,636			40,433
Policy claims payable			9,884			7,979			8,475			9,659
Other policyholders' funds			7,501			7,235			7,286			7,088
Total policyholders' funds			216,854			212,586			209,942			207,506
Total policy liabilities			1,416,268			1,403,817			1,474,033			1,588,372
Commissions payable			1,967			1,772			1,917			1,816
Deferred federal income tax liability, net			3,653			1,992			—			—
Current federal income tax payable			—			2,254			2,167			—
Payable for securities in process of settlement			—			—			3,291			3,815
Other liabilities			41,025			35,466			29,477			31,307
Total liabilities			1,462,913			1,445,301			1,510,885			1,625,310
Stockholders' Equity:
Class A common stock			268,147			267,988			267,850			267,442
Class B common stock			3,184			3,184			3,184			3,184
Accumulated deficit			16,309			2,650			(757)			(3,249)
Accumulated other comprehensive income (loss):
Net unrealized gains (losses) on fixed maturity securities, net of tax			(137,044)			(140,493)			(125,552)			(121,800)
Treasury stock, at cost			(22,806)			(22,284)			(21,401)			(20,101)
Total stockholders' equity			127,790			111,045			123,324			125,476
Total liabilities and stockholders' equity			$	1,590,703		1,556,346			1,634,209			1,750,786

Exhibit 99.1 | Citizens, Inc. 8-K 2

CITIZENS, INC.

CITIZENS, INC. AND CONSOLIDATED SUBSIDIARIES Consolidated Statements of Operations and Comprehensive Income (Loss) (Recast for LDTI)
For the Years Ended (Unaudited, in thousands, except share amounts)						Dec. 31, 2022						Dec. 31, 2021
Revenues:
Premiums:
Life insurance						$	167,586					169,801
Accident and health insurance						1,278						1,250
Property insurance						4,850						3,677
Net investment income						65,426						61,495
Investment related gains (losses), net						(10,291)						10,991
Other income						3,675						3,332
Total revenues						232,524						250,546
Benefits and Expenses:
Insurance benefits paid or provided:
Claims and surrenders						119,935						119,735
Increase in future policy benefit reserves						5,290						9,782
Policyholder liability remeasurement (gain) loss						2,398						1,425
Policyholders' dividends						6,013						6,180
Total insurance benefits paid or provided						133,636						137,122
Commissions						36,222						35,463
Other general expenses						45,177						43,370
Capitalization of deferred policy acquisition costs						(24,899)						(22,740)
Amortization of deferred policy acquisition costs						14,390						13,445
Amortization of cost of insurance acquired						621						757
Goodwill impairment						—						12,624
Total benefits and expenses						205,147						220,041
Income (loss) before federal income tax						27,377						30,505
Federal income tax expense (benefit)						1,370						(42,201)
Net income (loss)						26,007						72,706
Basic Earnings Per Share:
Class A common stock						$	0.52					1.46
Class B common stock						—						0.73
Diluted Earnings Per Share:
Class A common stock						0.51						1.44
Class B common stock						—						0.72
Other Comprehensive Income (Loss):
Unrealized gains (losses) on fixed maturity securities:
Unrealized holding gains (losses) arising during period						(328,673)						(41,123)
Reclassification adjustment for losses (gains) included in net income (loss)						104						(243)
Unrealized gains (losses) on fixed maturity securities, net						(328,569)						(41,366)
Change in current discount rate for liability for future policy benefits						337,776						92,396
Income tax expense (benefit) on unrealized gains (losses) on fixed maturity securities						7,262						1,449
Other comprehensive income (loss)						1,945						49,581
Total comprehensive income (loss)						$	27,952					122,287

Exhibit 99.1 | Citizens, Inc. 8-K 3

CITIZENS, INC.

CITIZENS, INC. AND CONSOLIDATED SUBSIDIARIES Consolidated Statements of Operations and Comprehensive Income (Loss), Continued Quarterly Summary (Recast for LDTI)
For the Three Months Ended (Unaudited, in thousands, except share amounts)						Dec. 31, 2022						Sep. 30, 2022						Jun. 30, 2022			Mar. 31, 2022
Revenues:
Premiums:
Life insurance						$	46,656					42,423						40,761			37,746
Accident and health insurance						413						299						280			286
Property insurance						1,182						1,153						1,183			1,332
Net investment income						17,443						16,604						15,892			15,487
Investment related gains (losses), net						298						(4,991)						(5,016)			(582)
Other income						1,265						688						634			1,088
Total revenues						67,257						56,176						53,734			55,357
Benefits and Expenses:
Insurance benefits paid or provided:
Claims and surrenders						33,675						30,729						27,097			28,434
Increase in future policy benefit reserves						308						1,138						3,730			114
Policyholder liability remeasurement (gain) loss						1,152						(89)						667			668
Policyholders' dividends						1,756						1,389						1,515			1,353
Total insurance benefits paid or provided						36,891						33,167						33,009			30,569
Commissions						10,415						9,210						8,924			7,673
Other general expenses						12,188						11,559						10,400			11,030
Capitalization of deferred policy acquisition costs						(7,562)						(6,372)						(6,184)			(4,781)
Amortization of deferred policy acquisition costs						3,739						3,624						3,468			3,559
Amortization of cost of insurance acquired						175						166						151			129
Total benefits and expenses						55,846						51,354						49,768			48,179
Income (loss) before federal income tax						11,411						4,822						3,966			7,178
Federal income tax expense (benefit)						(2,248)						1,415						1,474			729
Net income (loss)						13,659						3,407						2,492			6,449
Basic Earnings Per Share:
Class A common stock						$	0.27					0.07						0.05			0.13
Diluted Earnings Per Share:
Class A common stock						0.27						0.06						0.05			0.13
Other Comprehensive Income (Loss):
Unrealized gains (losses) on fixed maturity securities:
Unrealized holding gains (losses) arising during period						12,005						(88,382)						(119,531)			(132,765)
Reclassification adjustment for losses (gains) included in net income (loss)						26						43						(24)			59
Unrealized gains (losses) on fixed maturity securities, net						12,031						(88,339)						(119,555)			(132,706)
Change in current discount rate for liability for future policy benefits						(7,482)						73,214						120,437			151,607
Income tax expense (benefit) on unrealized gains (losses) on fixed maturity securities						1,100						(184)						4,634			1,712
Other comprehensive income (loss)						3,449						(14,941)						(3,752)			17,189
Total comprehensive income (loss)						$	17,108					(11,534)						(1,260)			23,638

Exhibit 99.1 | Citizens, Inc. 8-K 4

CITIZENS, INC.

RELATED INFORMATION

(Recast for LDTI) (Unaudited)

EARNINGS PER SHARE

						For the Three Months Ended																		For the Years Ended
(In thousands, except per share amounts)						Dec. 31, 2022						Sep. 30, 2022						Jun. 30, 2022			Mar. 31, 2022									Dec. 31, 2022			Dec. 31, 2021
Net income (loss)						$	13,659					3,407						2,492			6,449									$	26,007		72,706
Numerator for Basic Earnings Per Share:
Net income (loss) allocated to Class A common stock						$	13,659					3,407						2,492			6,449									$	26,007		72,481
Net income (loss) allocated to Class B common stock						—						—						—			—									—			225
Net income (loss)						$	13,659					3,407						2,492			6,449									$	26,007		72,706
Denominator for Basic Earnings Per Share:
Weighted average shares of Class A outstanding						49,946						50,075						50,373			50,236									50,139			49,664
Weighted average shares of Class B outstanding						—						—						—			—									—			308
Total weighted average shares outstanding						49,946						50,075						50,373			50,236									50,139			49,972
Basic earnings (loss) per share of Class A common stock						$	0.27					0.07						0.05			0.13									$	0.52		1.46
Basic earnings (loss) per share of Class B common stock						—						—						—			—									—			0.73
Numerator for Diluted Earnings Per Share:
Net income (loss) allocated to Class A common stock						$	13,659					3,407						2,492			6,449									$	26,007		72,484
Net income (loss) allocated to Class B common stock						—						—						—			—									—			222
Net income (loss)						$	13,659					3,407						2,492			6,449									$	26,007		72,706
Denominator for Diluted Earnings Per Share:
Weighted average shares of Class A outstanding						50,674						50,799						51,065			50,906									50,867			50,337
Weighted average shares of Class B outstanding						—						—						—			—									—			308
Total weighted average shares outstanding						50,674						50,799						51,065			50,906									50,867			50,645
Diluted earnings (loss) per share of Class A common stock						$	0.27					0.06						0.05			0.13									$	0.51		1.44
Diluted earnings (loss) per share of Class B common stock						—						—						—			—									—			0.72

Exhibit 99.1 | Citizens, Inc. 8-K 5

CITIZENS, INC.

SEGMENT AND OTHER OPERATING INFORMATION

						Life Insurance
						For the Three Months Ended																		For the Years Ended
(In thousands)						Dec. 31, 2022						Sep. 30, 2022						Jun. 30, 2022			Mar. 31, 2022									Dec. 31, 2022			Dec. 31, 2021
Revenues:
Premiums						$	36,192					31,696						29,834			26,931									$	124,653		126,058
Net investment income (loss)						13,556						12,806						12,347			11,971									50,680			47,216
Investment related gains (losses), net						(182)						(4,367)						(3,984)			(293)									(8,826)			9,176
Other income (loss)						1,265						682						633			1,088									3,668			3,362
Total revenues						50,831						40,817						38,830			39,697									170,175			185,812
Benefits and expenses:
Insurance benefits paid or provided:
Claims and surrenders						27,808						24,742						21,568			21,458									95,576			91,390
Increase in future policy benefit reserves						(914)						195						3,006			1,376									3,663			7,262
Policyholder liability remeasurement (gain) loss						1,179						(214)						580			414									1,959			1,390
Policyholders' dividends						1,749						1,382						1,509			1,350									5,990			6,140
Total insurance benefits paid or provided						29,822						26,105						26,663			24,598									107,188			106,182
Commissions						6,330						5,103						4,792			3,806									20,031			18,747
Other general expenses						6,127						6,016						5,358			5,691									23,192			20,846
Capitalization of deferred policy acquisition costs						(5,737)						(4,592)						(4,307)			(3,306)									(17,942)			(16,174)
Amortization of deferred policy acquisition costs						3,109						3,081						2,950			3,020									12,160			11,536
Amortization of cost of insurance acquired						29						32						38			24									123			150
Goodwill impairment						—						—						—			—									—			12,624
Total benefits and expenses						39,680						35,745						35,494			33,833									144,752			153,911
Income (loss) before federal income tax						$	11,151					5,072						3,336			5,864									$	25,423		31,901

						Home Service Insurance
						For the Three Months Ended																		For the Years Ended
(In thousands)						Dec. 31, 2022						Sep. 30, 2022						Jun. 30, 2022			Mar. 31, 2022									Dec. 31, 2022			Dec. 31, 2021
Revenues:
Premiums						$	12,059					12,179						12,390			12,433									$	49,061		48,670
Net investment income (loss)						3,578						3,527						3,283			3,244									13,632			13,224
Investment related gains (losses), net						352						(462)						(925)			(242)									(1,277)			618
Other income (loss)						—						—						1			—									1			7
Total revenues						15,989						15,244						14,749			15,435									61,417			62,519
Benefits and expenses:
Insurance benefits paid or provided:
Claims and surrenders						5,867						5,987						5,529			6,976									24,359			28,345
Increase in future policy benefit reserves						1,222						943						724			(1,262)									1,627			2,520
Policyholder liability remeasurement (gain) loss						(27)						125						87			254									439			35
Policyholders' dividends						7						7						6			3									23			40
Total insurance benefits paid or provided						7,069						7,062						6,346			5,971									26,448			30,940
Commissions						4,085						4,107						4,132			3,867									16,191			16,716
Other general expenses						4,351						4,228						3,515			4,350									16,444			14,739
Capitalization of deferred policy acquisition costs						(1,825)						(1,780)						(1,877)			(1,475)									(6,957)			(6,566)
Amortization of deferred policy acquisition costs						630						543						518			539									2,230			1,909
Amortization of cost of insurance acquired						146						134						113			105									498			607
Total benefits and expenses						14,456						14,294						12,747			13,357									54,854			58,345
Income (loss) before federal income tax						$	1,533					950						2,002			2,078									$	6,563		4,174

Exhibit 99.1 | Citizens, Inc. 8-K 6

CITIZENS, INC.

						Other Non-Insurance Enterprises
						For the Three Months Ended																		For the Years Ended
(In thousands)						Dec. 31, 2022						Sep. 30, 2022						Jun. 30, 2022			Mar. 31, 2022									Dec. 31, 2022			Dec. 31, 2021
Revenues:
Premiums						$	—					—						—			—									$	—		—
Net investment income (loss)						309						271						262			272									1,114			1,055
Investment related gains (losses), net						128						(162)						(107)			(47)									(188)			1,197
Other income (loss)						—						6						—			—									6			(37)
Total revenues						437						115						155			225									932			2,215
Benefits and expenses:
Insurance benefits paid or provided:
Claims and surrenders						—						—						—			—									—			—
Increase in future policy benefit reserves						—						—						—			—									—			—
Policyholder liability remeasurement (gain) loss						—						—						—			—									—			—
Policyholders' dividends						—						—						—			—									—			—
Total insurance benefits paid or provided						—						—						—			—									—			—
Commissions						—						—						—			—									—			—
Other general expenses						1,710						1,315						1,527			989									5,541			7,785
Capitalization of deferred policy acquisition costs						—						—						—			—									—			—
Amortization of deferred policy acquisition costs						—						—						—			—									—			—
Amortization of cost of insurance acquired						—						—						—			—									—			—
Total benefits and expenses						1,710						1,315						1,527			989									5,541			7,785
Income (loss) before federal income tax						$	(1,273)					(1,200)						(1,372)			(764)									$	(4,609)		(5,570)

						Consolidated
						For the Three Months Ended																		For the Years Ended
(In thousands)						Dec. 31, 2022						Sep. 30, 2022						Jun. 30, 2022			Mar. 31, 2022									Dec. 31, 2022			Dec. 31, 2021
Revenues:
Premiums						$	48,251					43,875						42,224			39,364									$	173,714		174,728
Net investment income (loss)						17,443						16,604						15,892			15,487									65,426			61,495
Investment related gains (losses), net						298						(4,991)						(5,016)			(582)									(10,291)			10,991
Other income (loss)						1,265						688						634			1,088									3,675			3,332
Total revenues						67,257						56,176						53,734			55,357									232,524			250,546
Benefits and expenses:
Insurance benefits paid or provided:
Claims and surrenders						33,675						30,729						27,097			28,434									119,935			119,735
Increase in future policy benefit reserves						308						1,138						3,730			114									5,290			9,782
Policyholder liability remeasurement (gain) loss						1,152						(89)						667			668									2,398			1,425
Policyholders' dividends						1,756						1,389						1,515			1,353									6,013			6,180
Total insurance benefits paid or provided						36,891						33,167						33,009			30,569									133,636			137,122
Commissions						10,415						9,210						8,924			7,673									36,222			35,463
Other general expenses						12,188						11,559						10,400			11,030									45,177			43,370
Capitalization of deferred policy acquisition costs						(7,562)						(6,372)						(6,184)			(4,781)									(24,899)			(22,740)
Amortization of deferred policy acquisition costs						3,739						3,624						3,468			3,559									14,390			13,445
Amortization of cost of insurance acquired						175						166						151			129									621			757
Goodwill impairment						—						—						—			—									—			12,624
Total benefits and expenses						55,846						51,354						49,768			48,179									205,147			220,041
Income (loss) before federal income tax						$	11,411					4,822						3,966			7,178									$	27,377		30,505

Exhibit 99.1 | Citizens, Inc. 8-K 7