Table of Contents CITIZENS, INC. NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Continued) The following table presents the fair values and gross unrealized losses of fixed maturity securities that are not deemed to have OTTI, aggregated by investment category and length of time that individual securities have been in a continuous loss position at December 31, 2019. We have reviewed the securities in an unrealized loss position for the period ended December 31, 2019 and determined that no OTTI exists that has not been recognized based on our evaluation of the credit worthiness of the issuers and the fact that we do not intend to sell the investments nor is it likely that we will be required to sell the securities before recovery of their amortized cost bases which may be at maturity. The amortized cost and fair value of fixed maturity securities at December 31, 2020 by contractual maturity are shown in the table below. Actual maturities may differ from contractual maturities because borrowers may have the right to call or prepay obligations with or without call or prepayment penalties. Securities not due at a single maturity date have been reflected based upon final stated maturity. The Company had no investments in any one entity which exceeded 10% of stockholders' equity at December 31, 2020 or 2019. In addition, there were no investments that were non-income producing for the years ended December 31, 2020 or 2019. December 31, 2019 Less than 12 months Greater than 12 months Total (In thousands, except for # of securities) Fair Value Unrealized Losses # of Securities Fair Value Unrealized Losses # of Securities Fair Value Unrealized Losses # of Securities Fixed maturity securities: Available-for-sale: States and political subdivisions $ 24,064  163  24  1,961  77  6  26,025  240  30  Corporate Financial 13,581  135  15  —  —  —  13,581  135  15  Consumer 22,671  464  20  —  —  —  22,671  464  20  Energy 4,208  34  4  898  81  2  5,106  115  6  All Other 22,437  285  30  2,771  135  3  25,208  420  33  Commercial mortgage- backed 1,100  5  2  —  —  —  1,100  5  2  Residential mortgage- backed 1,656  65  11  91  1  3  1,747  66  14  Asset-backed 36,039  110  27  —  —  —  36,039  110  27  Total fixed maturity securities $ 125,756  1,261  133  5,721  294  14  131,477  1,555  147  (In thousands) Amortized Cost Fair Value Fixed maturity securities: Due in one year or less $ 15,515 15,726 Due after one year through five years 120,268 129,853 Due after five years through ten years 229,281 253,168 Due after ten years 956,423 1,090,636 Total fixed maturity securities $ 1,321,487 1,489,383 December 31, 2020 | 10-K 96