Table of Contents CITIZENS, INC. AND CONSOLIDATED SUBSIDIARIES The following table sets forth our direct premiums by state for the periods indicated. Years ended December 31, 2018 2017 2016 (In thousands, except for %) State Louisiana $ 42,898 90.2 % $ 42,837 89.6 % $ 42,605 89.6 % Mississippi 2,105 4.4 2,369 5.0 2,450 5.2 Arkansas 1,675 3.5 1,716 3.6 1,602 3.4 Other States 857 1.9 906 1.8 883 1.8 Total $ 47,535 100.0 % $ 47,828 100.0 % $ 47,540 100.0 % Net Investment Income. Net investment income decreased in 2018 and 2017 as our average invested assets decreased due to our higher expenses over the past several years, as discussed below. Net investment income yield for our Home Service Insurance segment is summarized as follows: Realized Investment Gains (Losses), Net. This segment recognized losses on other-than-temporary impairments totaling $0.2 million in 2018 and 2017 and $2.0 million in 2016, related to bond and mutual fund holdings. A gain of $1.1 million was recognized on the sale of real estate property in 2017. 46 For the Years Ended December 31, 2018 2017 2016 (In thousands, except for %) Net investment income $ 13,125 13,132 13,705 Average invested assets, at amortized cost 290,443 289,634 294,132 Annualized yield on average invested assets 4.52 % 4.53 % 4.66 %