XML 56 R4.htm IDEA: XBRL DOCUMENT v2.4.0.6
Consolidated Statements of Operations (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2013
Mar. 31, 2012
Gross premiums written $ 108,147 $ 97,395
Ceded premiums written (14,251) (12,433)
Net premiums written 93,896 84,962
Change in unearned premiums (7,408) (7,754)
Net premiums earned 86,488 77,208
Investment income, net of expenses 3,628 3,846
Net realized gains (losses) 1,176 (119)
Finance charges 1,425 1,640
Commission and fees 341 180
Other income 83 231
Total revenues 93,141 82,986
Losses and loss adjustment expenses 61,738 54,791
Other operating expenses 27,194 25,932
Interest expense 1,149 1,149
Amortization of intangible assets 897 897
Total expenses 90,978 82,769
Income before tax 2,163 217
Income tax expense 469 23
Net income 1,694 194
Less: Net income attributable to non-controlling interest 0 23
Net income attributable to Hallmark Financial Services, Inc. $ 1,694 $ 171
Net income per share attributable to Hallmark Financial Services, Inc. common stockholders:    
Basic (in dollars per share) $ 0.09 $ 0.01
Diluted (in dollars per share) $ 0.09 $ 0.01