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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 MU7/fO9KpC2Bhm8g4fGs618V2x195jpSkj7VyceBbhJYk6VdYteGUkolYwS/djU7
 27SiuYvKxlM6ahzFZbLzXA==

<SEC-DOCUMENT>0001208889-08-000004.txt : 20080922
<SEC-HEADER>0001208889-08-000004.hdr.sgml : 20080922
<ACCEPTANCE-DATETIME>20080922130747
ACCESSION NUMBER:		0001208889-08-000004
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20080918
FILED AS OF DATE:		20080922
DATE AS OF CHANGE:		20080922

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			HALLMARK FINANCIAL SERVICES INC
		CENTRAL INDEX KEY:			0000819913
		STANDARD INDUSTRIAL CLASSIFICATION:	INSURANCE CARRIERS, NEC [6399]
		IRS NUMBER:				870447375
		STATE OF INCORPORATION:			NV
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		777 MAIN STREET, SUITE 1000
		CITY:			FORT WORTH
		STATE:			TX
		ZIP:			76102
		BUSINESS PHONE:		8173481600

	MAIL ADDRESS:	
		STREET 1:		777 MAIN STREET
		STREET 2:		STE 1000
		CITY:			FORT WORTH
		STATE:			TX
		ZIP:			76102

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	ACOI INC
		DATE OF NAME CHANGE:	19920703

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	AMERICAN CREDIT OPTICAL INC /DE/
		DATE OF NAME CHANGE:	19910611

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	PYRAMID GROWTH INC
		DATE OF NAME CHANGE:	19890124

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			SCHWARZ MARK E
		CENTRAL INDEX KEY:			0001208889

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-11252
		FILM NUMBER:		081081975

	BUSINESS ADDRESS:	
		STREET 1:		NEWCASTLE PARTNERS L P
		STREET 2:		300 CRESCENT COURT STE 1110
		CITY:			DALLAS
		STATE:			TX
		ZIP:			75201
		BUSINESS PHONE:		214-661-7474

	MAIL ADDRESS:	
		STREET 1:		200 CRESCENT COURT
		STREET 2:		STE 1400
		CITY:			DALLAS
		STATE:			TX
		ZIP:			75201
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>primary_doc.xml
<DESCRIPTION>PRIMARY DOCUMENT
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0303</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2008-09-18</periodOfReport>

    <notSubjectToSection16>0</notSubjectToSection16>

    <issuer>
        <issuerCik>0000819913</issuerCik>
        <issuerName>HALLMARK FINANCIAL SERVICES INC</issuerName>
        <issuerTradingSymbol>HALL</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001208889</rptOwnerCik>
            <rptOwnerName>SCHWARZ MARK E</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>200 CRESCENT COURT</rptOwnerStreet1>
            <rptOwnerStreet2>STE 1400</rptOwnerStreet2>
            <rptOwnerCity>DALLAS</rptOwnerCity>
            <rptOwnerState>TX</rptOwnerState>
            <rptOwnerZipCode>75201</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>1</isDirector>
            <isOfficer>1</isOfficer>
            <isTenPercentOwner>1</isTenPercentOwner>
            <isOther>0</isOther>
            <officerTitle>Executive Chairman</officerTitle>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Common Stock</value>
            </securityTitle>
            <transactionDate>
                <value>2008-09-18</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>P</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionTimeliness>
                <value></value>
            </transactionTimeliness>
            <transactionAmounts>
                <transactionShares>
                    <value>2000</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>8.87</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>A</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>14600612</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                    <footnoteId id="F1"/>
                    <footnoteId id="F2"/>
                </directOrIndirectOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
    </nonDerivativeTable>

    <footnotes>
        <footnote id="F1">Newcastle Capital Management, L.P. (&quot;NCM&quot;) is the general partner of each of Newcastle Partners, L.P. (&quot;NP&quot;), Newcastle Special Opportunity Fund I, L.P. (NSOFI&quot;) and Newcastle Special Opportunity Fund II, L.P. (&quot;NSOFII&quot;).  Newcastle Capital Group, L.L.C. (&quot;NCG&quot;) is the general partner of NCM and Mark E. Schwarz (&quot;Schwarz&quot;) is the managing member of NCG.  Accordingly, each of NCM, NCG and Schwarz may be deemed to beneficially own the shares directly owned by any of them.</footnote>
        <footnote id="F2">Mark Schwarz owns (1) 50,821 shares of common stock  including shares purchased on September 18, 2008 and (2) 19,167 options exercisable into shares of common stock.  In addition, the Reporting Persons may be deemed to beneficially own an additional 14,530,624 non-derivative securities of the Issuer, which includes (1) 9,738,243 shares of common stock owned by NP, (2) a total of 3,274,830 shares of common stock owned by NSOFI and NSOFII, (3) 2,400 shares of common stock owned by NFF and (4) 1,515,151 shares of common stock controlled by NCM pursuant to an account management agreement under which NCM holds the power to vote and dispose of such shares.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>Newcastle Partners, L.P., By: Newcastle Capital Management, L.P., its general partner, By: Newcastle Capital Group, L.L.C. its general partner, by:/s/ Mark E. Schwarz, its managing member</signatureName>
        <signatureDate>2008-09-22</signatureDate>
    </ownerSignature>

    <ownerSignature>
        <signatureName>Newcastle Capital Management, L.P., By: Newcastle Capital Group, L.L.C. its general partner, By: /s/ Mark E. Schwarz, its managing member</signatureName>
        <signatureDate>2008-09-22</signatureDate>
    </ownerSignature>

    <ownerSignature>
        <signatureName>Newcastle Capital Group, L.L.C., By: /s/ Mark E. Schwarz, its managing member</signatureName>
        <signatureDate>2008-09-22</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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