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Consolidated Statements Of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Revenues:        
Net premiums written $ 57,205 $ 40,169 $ 143,311 $ 103,942
Escrow and other title-related fees 2,154 2,393 6,014 5,616
Non-title services 1,954 2,539 6,476 7,444
Interest and dividends 1,060 1,156 3,342 3,605
Other investment income 1,270 708 2,236 2,044
Net realized investment gains 186 423 327 1,199
Changes in the estimated fair value of equity security investments 3,619 406 (2,867) 6,218
Other 185 145 443 550
Total Revenues 67,633 47,939 159,282 130,618
Operating Expenses:        
Commissions to agents 29,068 19,928 73,344 51,261
Provision for claims 1,552 987 4,452 3,610
Personnel expenses 12,575 11,576 36,632 34,871
Office and technology expenses 2,456 2,350 7,328 6,803
Other expenses 3,125 3,079 9,276 8,821
Total Operating Expenses 48,776 37,920 131,032 105,366
Income before Income Taxes 18,857 10,019 28,250 25,252
Provision for Income Taxes 3,556 2,067 5,465 5,174
Net Income $ 15,301 $ 7,952 $ 22,785 $ 20,078
Basic Earnings per Common Share $ 8.09 $ 4.21 $ 12.04 $ 10.63
Weighted Average Shares Outstanding – Basic 1,892 1,889 1,892 1,888
Diluted Earnings per Common Share $ 8.07 $ 4.20 $ 12.02 $ 10.59
Weighted Average Shares Outstanding – Diluted 1,895 1,895 1,896 1,896