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Consolidated Statements Of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Revenues:        
Net premiums written $ 47,479 $ 34,978 $ 86,106 $ 63,773
Escrow and other title-related fees 2,018 1,901 3,860 3,223
Non-title services 1,975 2,517 4,522 4,905
Interest and dividends 1,105 1,193 2,282 2,449
Other investment income 526 926 966 1,336
Net realized investment gains (losses) 553 (14) 141 776
Changes in the estimated fair value of equity security investments 7,972 1,142 (6,486) 5,812
Other 120 90 258 405
Total Revenues 61,748 42,733 91,649 82,679
Operating Expenses:        
Commissions to agents 24,089 16,275 44,276 31,333
Provision for claims 1,994 2,397 2,900 2,623
Personnel expenses 12,248 11,683 24,057 23,295
Office and technology expenses 2,457 2,230 4,872 4,453
Other expenses 3,038 3,228 6,151 5,742
Total Operating Expenses 43,826 35,813 82,256 67,446
Income before Income Taxes 17,922 6,920 9,393 15,233
Provision for Income Taxes 3,427 1,420 1,909 3,107
Net Income $ 14,495 $ 5,500 $ 7,484 $ 12,126
Basic Earnings per Common Share $ 7.66 $ 2.91 $ 3.96 $ 6.42
Weighted Average Shares Outstanding – Basic 1,892 1,889 1,891 1,888
Diluted Earnings per Common Share $ 7.65 $ 2.90 $ 3.95 $ 6.40
Weighted Average Shares Outstanding – Diluted 1,895 1,896 1,895 1,896