UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES

EXCHANGE ACT OF 1934

 

Date of Report (Date of earliest event reported): May 16, 2008

 

THE NATIONAL SECURITY GROUP, INC.

(Exact name of registrant as specified in its charter)

 

 

Delaware

 

0-18649

 

63-1020300

(State or other jurisdiction of incorporation)

 

(Commission File Number)

 

(IRS Employer Identification No.)

 

 

 

 

 

661 East Davis Street

 

 

 

 

Elba, Alabama 36323

 

 

 

36323

(Address of principal executive offices)

 

(Zip Code)

 

 

 

Registrant’s telephone number, including area code:

(334) 897-2273

 

 

 

 

 

 

N/A

(Former name or former address, if changed since last report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

o

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

 

o

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

 

o

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

 

o

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 



 

 

Item 7.01. Regulation FD Disclosure

 

In accordance with Securities and Exchange Commission Release No. 33-8216, the following information is furnished to the Securities and Exchange Commission pursuant to Item 12, “Disclosure of Results of Operations and Financial Condition.” This information shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing.

 

On May 16, 2008, The National Security Group, Inc. issued a press release announcing its financial results for the quarter ended March 31, 2008. A copy of this press release is attached as Exhibit 99.1 to this report and is incorporated herein by reference.

 

Item 9.01. Financial Statements and Exhibits

 

 

(c)

Exhibits

 

 

 

 

Exhibit No.

 

  

Description of Document

 

 

 

99.1

  

Press  release, dated May 16, 2008, issued by The National Security Group, Inc.

 

 

 



 

 

 

SIGNATURE

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

 

 

The National Security Group, Inc.

 

 

 

Dated: May 16, 2008

 

By: /s/ Brian R. McLeod

 

 

Brian R. McLeod

Chief Financial Officer

 

 

 

 

 

 

 

 

 

 

 

 

 

 



 

 

 

Ex 99.1

 

The National Security Group, Inc.
661 East Davis Street
Post Office Box 703

Elba, Alabama 36323





PRESS RELEASE

FOR IMMEDIATE RELEASE

 

For Additional Information Contact: Brian R. McLeod, Chief Financial Officer, at (334) 897-2273




Elba, Alabama (May 16, 2008)...Results for the three months ended March 31, 2008 and 2007, based on accounting principles generally accepted in the United States of America, were reported today as follows:

 

 

 

Three Months Ended March 31

 

 

 

 

 

 

 

2008

 

2007

 

 

 

 

 

Premium Income

$

16,586,000

$

15,557,000

Investment Income

 

1,321,000

 

1,213,000

Realized Investment Gains

 

66,000

 

206,000

Other Income

 

321,000

 

301,000

Total Revenues

$

18,294,000

$

17,277,000

 

 

 

 

 

Net Income

$

782,000

$

1,183,000

 

 

 

 

 

Net Income Per Share

$

0.32

$

0.48

 

 

The National Security Group, Inc., through its property & casualty and life insurance subsidiaries, offer property, casualty, life, accident and health insurance in twelve states.

 

NASDAQ Symbol: NSEC

 

Contact: Brian R. McLeod, Treasurer and Chief Financial Officer

The National Security Group, Inc.

661 East Davis Street

Post Office Box 703

Elba, Alabama 36323

(334) 897-2273