First Trinity Financial CORP Annual Income Tax Expense (Benefit) in USD from 2010 to 2023

Taxonomy & unit
us-gaap: USD
Description
Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations.
Summary
First Trinity Financial CORP quarterly/annual Income Tax Expense (Benefit) history and growth rate from 2010 to 2023.
  • First Trinity Financial CORP Income Tax Expense (Benefit) for the quarter ending June 30, 2024 was $398K, a 0.27% increase year-over-year.
  • First Trinity Financial CORP Income Tax Expense (Benefit) for the twelve months ending June 30, 2024 was $2.4M, a 27.4% increase year-over-year.
  • First Trinity Financial CORP annual Income Tax Expense (Benefit) for 2023 was $2.15M, a 20.2% increase from 2022.
  • First Trinity Financial CORP annual Income Tax Expense (Benefit) for 2022 was $1.79M, a 119% increase from 2021.
  • First Trinity Financial CORP annual Income Tax Expense (Benefit) for 2021 was $816K, a 9.55% decline from 2020.
Income Tax Expense (Benefit), Trailing 12 Months (USD)
Income Tax Expense (Benefit), Annual (USD)
Income Tax Expense (Benefit), YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date Report Filed
2023 $2.15M +$361K +20.2% Jan 1, 2023 Dec 31, 2023 10-K 2024-03-14
2022 $1.79M +$970K +119% Jan 1, 2022 Dec 31, 2022 10-K 2024-03-14
2021 $816K -$86.2K -9.55% Jan 1, 2021 Dec 31, 2021 10-K 2023-03-09
2020 $902K -$1.22M -57.4% Jan 1, 2020 Dec 31, 2020 10-K 2022-03-10
2019 $2.12M +$658K +45% Jan 1, 2019 Dec 31, 2019 10-K 2021-03-11
2018 $1.46M +$88.6K +6.45% Jan 1, 2018 Dec 31, 2018 10-K 2020-03-12
2017 $1.37M +$1.54M Jan 1, 2017 Dec 31, 2017 10-K 2019-03-14
2016 -$171K +$254K +59.8% Jan 1, 2016 Dec 31, 2016 10-K 2018-03-08
2015 -$425K +$57.3K +11.9% Jan 1, 2015 Dec 31, 2015 10-K 2017-03-09
2014 -$482K -$801K -251% Jan 1, 2014 Dec 31, 2014 10-K 2016-03-11
2013 $319K +$463K Jan 1, 2013 Dec 31, 2013 10-K 2015-03-12
2012 -$144K -$274K -211% Jan 1, 2012 Dec 31, 2012 10-K 2014-03-14
2011 $130K +$337K Jan 1, 2011 Dec 31, 2011 10-K 2013-03-14
2010 -$207K Jan 1, 2010 Dec 31, 2010 10-K 2012-03-30
* An asterisk sign (*) next to the value indicates that the value is likely invalid.