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Quarterly Financial Data (Unaudited) | 12 Months Ended
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Dec. 31, 2020
Quarterly Financial Information Disclosure [Abstract] |
Quarterly Financial Data (Unaudited) |
19. | Quarterly Financial Data (Unaudited)
The following table represents unaudited quarterly financial data for the years ended December 31, 2020 and 2019.
|  | Three Months Ended |
|  | March 31 |  |  | June 30 |  |  | September 30 |  |  | December 31 |
|  | (in thousands, except per share amounts) |
2020 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Net premiums earned |  | $ | 78,990 |  |  | $ | 75,964 |  |  | $ | 74,771 |  |  | $ | 74,702 |
Net investment income |  |  | 7,749 |  |  |  | 7,324 |  |  |  | 7,063 |  |  |  | 7,228 |
Net realized gains (losses) on investments |  |  | 992 |  |  |  | 163 |  |  |  | 309 |  |  |  | (332 | )
Net unrealized gains (losses) on equity securities |  |  | (8,763 | ) |  |  | 5,570 |  |  |  | 844 |  |  |  | 6,553 |
Total revenues |  |  | 79,169 |  |  |  | 89,082 |  |  |  | 83,005 |  |  |  | 88,221 |
Income before income taxes |  |  | 13,241 |  |  |  | 29,391 |  |  |  | 28,669 |  |  |  | 35,618 |
Net income |  |  | 10,800 |  |  |  | 23,948 |  |  |  | 23,353 |  |  |  | 28,501 |
Earnings per share: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Basic |  | $ | 0.56 |  |  | $ | 1.24 |  |  | $ | 1.21 |  |  | $ | 1.48 |
Diluted |  | $ | 0.56 |  |  | $ | 1.24 |  |  | $ | 1.21 |  |  | $ | 1.47 |
Comprehensive income |  |  | 12,284 |  |  |  | 29,431 |  |  |  | 24,087 |  |  |  | 29,608 |
Extraordinary cash dividends declared per common share |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 3.50 |
Cash dividends declared per common share |  | $ | 0.27 |  |  | $ | 0.27 |  |  | $ | 0.27 |  |  | $ | 0.27 |
2019 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Net premiums earned |  | $ | 84,948 |  |  | $ | 82,951 |  |  | $ | 82,712 |  |  | $ | 82,277 |
Net investment income |  |  | 8,015 |  |  |  | 8,169 |  |  |  | 8,264 |  |  |  | 8,035 |
Net realized gains (losses) on investments |  |  | 59 |  |  |  | (82 | ) |  |  | (4 | ) |  |  | (53 | )
Net unrealized gains on equity securities |  |  | 2,158 |  |  |  | 642 |  |  |  | 365 |  |  |  | 1,593 |
Total revenues |  |  | 95,190 |  |  |  | 91,753 |  |  |  | 91,488 |  |  |  | 91,939 |
Income before income taxes |  |  | 23,809 |  |  |  | 22,169 |  |  |  | 26,613 |  |  |  | 42,926 |
Net income |  |  | 19,400 |  |  |  | 17,890 |  |  |  | 21,386 |  |  |  | 34,014 |
Earnings per share: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Basic |  | $ | 1.01 |  |  | $ | 0.93 |  |  | $ | 1.11 |  |  | $ | 1.77 |
Diluted |  | $ | 1.01 |  |  | $ | 0.93 |  |  | $ | 1.11 |  |  | $ | 1.76 |
Comprehensive income |  |  | 25,193 |  |  |  | 23,068 |  |  |  | 23,862 |  |  |  | 33,610 |
Extraordinary cash dividends declared per common share |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 3.50 |
Cash dividends declared per common share |  | $ | 0.25 |  |  | $ | 0.25 |  |  | $ | 0.25 |  |  | $ | 0.25 |

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- References No definition available. + Details
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- Definition The entire disclosure for quarterly financial data. Includes, but is not limited to, tabular presentation of financial information for fiscal quarters, effect of year-end adjustments, and an explanation of matters or transactions that affect comparability of the information. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -URI http://asc.fasb.org/topic&trid=2126967 + Details
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Namespace Prefix: | us-gaap_
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