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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Revenue:    
Insurance premiums $ 163,327 $ 153,465
Investment income 8,496 9,884
Realized investment gains, net 9,168 2,595
Other income 123 133
Total revenue 181,114 166,077
Benefits and expenses:    
Insurance benefits and losses incurred 117,515 103,197
Commissions and underwriting expenses 43,446 44,797
Interest expense 1,723 1,562
Other expense 13,074 12,997
Total benefits and expenses 175,758 162,553
Income before income taxes 5,356 3,524
Income tax expense 828 888
Net income 4,528 2,636
Preferred stock dividends (399) (399)
Net income applicable to common shareholders $ 4,129 $ 2,237
Earnings per common share (basic and diluted) (in dollars per share) $ 0.20 $ 0.11