<SEC-DOCUMENT>0001157523-20-000181.txt : 20200211
<SEC-HEADER>0001157523-20-000181.hdr.sgml : 20200211
<ACCEPTANCE-DATETIME>20200211083209
ACCESSION NUMBER:		0001157523-20-000181
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20200211
ITEM INFORMATION:		Results of Operations and Financial Condition
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20200211
DATE AS OF CHANGE:		20200211

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			INVESTORS TITLE CO
		CENTRAL INDEX KEY:			0000720858
		STANDARD INDUSTRIAL CLASSIFICATION:	TITLE INSURANCE [6361]
		IRS NUMBER:				561110199
		STATE OF INCORPORATION:			NC
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-11774
		FILM NUMBER:		20594105

	BUSINESS ADDRESS:	
		STREET 1:		121 N COLUMBIA ST
		STREET 2:		P O DRAWER 2687
		CITY:			CHAPEL HILL
		STATE:			NC
		ZIP:			27514
		BUSINESS PHONE:		9199682200

	MAIL ADDRESS:	
		STREET 1:		121 NORTH COLUMBIA STREET
		CITY:			CHAPEL HILL
		STATE:			NC
		ZIP:			27514
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>a52171208.htm
<DESCRIPTION>INVESTORS TITLE COMPANY 8-K
<TEXT>
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    <div style="text-align: center; font-family: 'Times New Roman',Times,serif; font-size: 16pt; font-weight: bold;">UNITED STATES</div>
    <div style="text-align: center; font-family: 'Times New Roman',Times,serif; font-size: 16pt; font-weight: bold;">SECURITIES AND EXCHANGE COMMISSION</div>
    <div style="text-align: center; font-size: 14pt;">Washington, D.C. 20549</div>
    <div><font style="font-size: 16pt;"><br>
      </font> </div>
    <font style="font-size: 16pt;"> </font>
    <div style="text-align: center; font-family: 'Times New Roman',Times,serif; font-size: 16pt; font-weight: bold;">FORM 8-K</div>

    <div><br>
       </div>

    <div style="text-align: center; font-weight: bold;">CURRENT REPORT</div>

    <div style="text-align: center; font-weight: bold;">Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934</div>
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            <div style="text-align: center; color: rgb(0, 0, 0); font-weight: bold;">February 11, 2020</div>
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            <div style="text-align: center; color: rgb(0, 0, 0);">Date of Report (Date of earliest event reported)</div>
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            <div style="text-align: center; font-family: 'Times New Roman',Times,serif; font-weight: bold;">Investors Title Company</div>
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          <td style="width: 16.85%; vertical-align: bottom;">&#160;</td>
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            <div style="text-align: center; font-weight: bold;">North Carolina</div>
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            <div style="text-align: center; color: rgb(0, 0, 0); font-weight: bold;">0-11774</div>
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            <div style="text-align: center; color: rgb(0, 0, 0);">Incorporation or Organization)</div>
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            <div style="text-align: center; color: rgb(0, 0, 0);">File Number)</div>
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            <div style="text-align: center; color: rgb(0, 0, 0);">Identification No.)</div>
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            <div style="text-align: center; font-weight: bold;">121 North Columbia Street</div>
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            <div style="text-align: right; font-weight: bold;">Chapel Hill,</div>
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            <div style="color: rgb(0, 0, 0); font-weight: bold;">North Carolina</div>
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          <td style="width: 9.26%; vertical-align: bottom;">&#160;</td>
          <td style="width: 9.26%; vertical-align: bottom;">&#160;</td>
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          <td style="width: 9.26%; vertical-align: bottom;">&#160;</td>
          <td style="width: 9.26%; vertical-align: bottom;">&#160;</td>
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            <div style="text-align: center; color: rgb(0, 0, 0);">(Zip Code)</div>
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          <td style="width: 14.63%; vertical-align: bottom;">&#160;</td>
          <td style="width: 16.85%; vertical-align: bottom;">&#160;</td>
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          <td style="width: 9.26%; vertical-align: bottom;">&#160;</td>
          <td style="width: 9.26%; vertical-align: bottom;">&#160;</td>
          <td style="width: 9.26%; vertical-align: bottom;">&#160;</td>
          <td style="width: 16.85%; vertical-align: bottom;">&#160;</td>
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          <td style="width: 14.63%; vertical-align: bottom;">&#160;</td>
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            <div style="text-align: right; color: rgb(0, 0, 0); font-weight: bold;">(919)&#160; <br>
            </div>
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            <div style="font-weight: bold;">968-2200</div>
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          <td style="width: 16.85%; vertical-align: bottom;">&#160;</td>
          <td style="width: 14.63%; vertical-align: bottom;">&#160;</td>
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          <td style="width: 14.63%; vertical-align: bottom;">&#160;</td>
          <td colspan="6" style="width: 70.74%; vertical-align: bottom;">
            <div style="text-align: center; color: rgb(0, 0, 0);">(Registrant's telephone number, including area code)</div>
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          <td style="width: 14.63%; vertical-align: bottom;">&#160;</td>
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    <div style="margin-top: 3pt;"><br>
    </div>
    <div>Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the obligation of the registrant under any of the following provisions:</div>
    <div><br>
    </div>
    <div style="text-align: justify; text-indent: 18pt;">&#9744;&#160; Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)</div>
    <div style="text-align: justify; text-indent: 18pt;">&#9744;&#160; Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)</div>
    <div style="text-align: justify; text-indent: 18pt;">&#9744;&#160; Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))</div>
    <div style="text-align: justify; text-indent: 18pt;">&#9744;&#160; Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))</div>
    <div><br>
    </div>
    <div style="margin-bottom: 7pt;">Securities registered pursuant to Section 12(b) of the Act:</div>
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        <tr>
          <td style="width: 41.67%; vertical-align: bottom; border-bottom: #000000 2px solid;">
            <div style="text-align: center; color: rgb(0, 0, 0);">Title of each class</div>
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          <td style="width: 0.93%; vertical-align: bottom;">&#160;</td>
          <td style="width: 14.81%; vertical-align: bottom; border-bottom: #000000 2px solid;">
            <div style="text-align: center; color: rgb(0, 0, 0);">Trading Symbol(s)</div>
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          <td style="width: 0.93%; vertical-align: bottom;">&#160;</td>
          <td style="width: 41.67%; vertical-align: bottom; border-bottom: #000000 2px solid;">
            <div style="text-align: center; color: rgb(0, 0, 0);">Name of each exchange on which registered</div>
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            <div style="text-align: center;">Common Stock, no par value</div>
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          <td style="width: 0.93%; vertical-align: bottom;">&#160;</td>
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            <div style="text-align: center;">ITIC</div>
          </td>
          <td style="width: 0.93%; vertical-align: bottom;">&#160;</td>
          <td style="width: 41.67%; vertical-align: bottom;">
            <div style="text-align: center;">The NASDAQ Stock Market LLC</div>
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        <tr>
          <td style="width: 41.67%; vertical-align: bottom;">
            <div style="text-align: center; color: rgb(0, 0, 0);">Rights to Purchase Series A Junior Participating Preferred Stock</div>
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          <td style="width: 0.93%; vertical-align: bottom;">&#160;</td>
          <td style="width: 14.81%; vertical-align: bottom;">&#160;</td>
          <td style="width: 0.93%; vertical-align: bottom;">&#160;</td>
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            <div style="text-align: center; color: rgb(0, 0, 0);">The NASDAQ Stock Market LLC</div>
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    <div style="margin-top: 3pt;"><br>
    </div>
    <div>Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (&#167;230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (&#167;240.12b-2 of this chapter).</div>
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    <div>Emerging growth company&#160; &#9744;</div>
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    <div>If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange
      Act.&#160; &#9744;</div>
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    <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
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    <div style="text-indent: -54pt; margin-left: 54pt; font-weight: bold;">Item 2.02.&#160; Results of Operations and Financial Condition</div>
    <div><br>
    </div>
    <div style="text-indent: 18pt;">Attached as Exhibit 99.1 and incorporated herein by reference is a copy of the press release of Investors Title Company, dated February&#160;11, 2020, reporting Investors Title Company's financial results for the fiscal
      quarter ended December&#160;31, 2019.</div>
    <div><br>
    </div>
    <div style="text-indent: 18pt;">The information in this Current Report is being furnished and shall not be deemed "filed" for the purposes of Section 18 of the Securities Exchange Act of 1934 (the "Exchange Act"), or otherwise subject to the
      liabilities of that Section, nor shall it be deemed to be incorporated by reference in any filing under the Securities Act of 1933 or the Exchange Act, regardless of any general incorporation language in such filing.</div>
    <div><br>
    </div>
    <div style="font-weight: bold;">Item 9.01.&#160; Financial Statements and Exhibits</div>
    <div><br>
    </div>
    <div style="text-indent: 18pt;">(d) Exhibits.&#160; The following exhibit accompanies this Report:</div>
    <div><br>
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    <div>Exhibit 99.1 - Press Release of Investors Title Company dated February&#160;11, 2020.</div>
    <div><br>
    </div>
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    <div style="text-align: center;">SIGNATURE</div>
    <div><br>
    </div>
    <div style="text-align: justify; text-indent: 18pt;">Pursuant to the requirements of the Securities and Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.</div>
    <div><br>
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    <div style="margin-bottom: 7pt;"><br>
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          <td style="width: 6.64%; vertical-align: bottom;">&#160;</td>
          <td style="width: 54.69%; vertical-align: bottom;">&#160;</td>
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            <div style="color: #000000;">INVESTORS TITLE COMPANY</div>
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        <tr>
          <td rowspan="1" style="width: 6.64%; vertical-align: bottom;">&#160;</td>
          <td rowspan="1" style="width: 54.69%; vertical-align: bottom;">&#160;</td>
          <td rowspan="1" style="width: 4.49%; vertical-align: bottom;">&#160;</td>
          <td rowspan="1" style="width: 34.18%; vertical-align: bottom;">&#160;</td>
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          <td style="width: 6.64%; vertical-align: bottom;">&#160;</td>
          <td style="width: 54.69%; vertical-align: bottom;">&#160;</td>
          <td style="width: 4.49%; vertical-align: bottom;">&#160;</td>
          <td style="width: 34.18%; vertical-align: bottom;">&#160;</td>
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        <tr>
          <td style="width: 6.64%; vertical-align: bottom;">
            <div style="color: #000000;">&#160;Date:</div>
          </td>
          <td style="width: 54.69%; vertical-align: bottom;">
            <div style="color: #000000;">February 11, 2020</div>
          </td>
          <td style="width: 4.49%; vertical-align: bottom;">
            <div style="color: #000000;">By:</div>
          </td>
          <td style="width: 34.18%; vertical-align: bottom; border-bottom: #000000 2px solid;">
            <div style="color: #000000;">/s/ James A. Fine, Jr.</div>
          </td>
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        <tr>
          <td style="width: 6.64%; vertical-align: bottom;">&#160;</td>
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            <div style="color: #000000;">James A. Fine, Jr.</div>
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        <tr>
          <td style="width: 6.64%; vertical-align: bottom;">&#160;</td>
          <td style="width: 54.69%; vertical-align: bottom;">&#160;</td>
          <td style="width: 4.49%; vertical-align: bottom;">&#160;</td>
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            <div style="color: #000000;">President, Principal Financial Officer and</div>
          </td>
        </tr>
        <tr>
          <td style="width: 6.64%; vertical-align: bottom;">&#160;</td>
          <td style="width: 54.69%; vertical-align: bottom;">&#160;</td>
          <td style="width: 4.49%; vertical-align: bottom;">&#160;</td>
          <td style="width: 34.18%; vertical-align: bottom;">
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    <div><br>
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    <div style="text-align: center;">EXHIBIT INDEX</div>
    <div><br>
    </div>
    <div><br>
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    <div>
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              <div><u>Exhibit No.&#160;</u> <br>
              </div>
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            <td style="width: 85%; font-family: 'Times New Roman',Times,serif; text-align: left;">
              <div><u>Description</u> <br>
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              <div>&#160;</div>
            </td>
            <td style="width: 85%;">
              <div>&#160;</div>
            </td>
          </tr>
          <tr>
            <td style="width: 15%;">
              <div><a href="a52171208ex99_1.htm">99.1</a> <br>
              </div>
            </td>
            <td style="width: 85%;">
              <div><a href="a52171208ex99_1.htm">Press release issued by Investors Title Company on February&#160;11, 2020</a> <br>
              </div>
            </td>
          </tr>

      </table>
    </div>
    <br>
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<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>a52171208ex99_1.htm
<DESCRIPTION>EXHIBIT 99.1
<TEXT>
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  <div style="text-align: right;"><font style="font-weight: bold;">Exhibit 99.1</font><br>
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            <h1 style="text-align: center; list-style-position:inside;FONT-SIZE: 14pt;font-weight:normal;"> <b>Investors Title Company Announces Record Fourth Quarter and Fiscal Year 2019 Results</b> </h1>
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                <p style="font-weight: normal;">CHAPEL HILL, N.C.--(BUSINESS WIRE)--February 11, 2020--Investors Title Company today announced results for the fourth quarter and year ended December 31, 2019. </p>
                <p> For the year, net income attributable to the Company increased 43.7% to a record $31.5 million, or $16.59 per diluted share, versus $21.9 million, or $11.54 per diluted share, in the prior year. For the quarter, net income attributable
                  to the Company increased to a record $11.4 million, or $6.00 per diluted share, versus $135,000, or $0.07 per diluted share, in the prior year period. </p>
                <p> Revenues for the year increased 17.4% to a record $183.5 million, compared with $156.3 million in the prior year. Revenues benefitted from a $10.3 million increase in the fair value of equity security investments, compared to a $4.1
                  million decrease in the fair value of equity security investments in the prior year. In addition, net premiums written increased 5.6% to $145.8 million, a new record. The increase in premiums stemmed from a favorable interest rate
                  environment, continued increases in home prices and a high level of home sales activity. Finally, revenues from non-title services increased $2.8 million due mainly to growth in our like-kind property exchange business. </p>
                <p> Operating expenses increased 11.2% to $143.7 million, compared with $129.2 million in the prior year. Higher premium levels drove an increase in agent commissions. Personnel expenses increased due to normal inflationary increases in
                  salaries and benefits, growth in staffing levels associated with higher activity levels and targeted investments in key areas of our business, and continued support of multi-year technology initiatives. The claims provision was higher due
                  to less favorable loss development and higher incurred claims in the current period. </p>
                <p> Income before income taxes increased to $14.6 million and $39.8 million for the quarter and year ended December 31, 2019, versus $470,000 and $27.1 million in the prior year periods, respectively. Excluding the impact of changes in the
                  fair value of equity security investments, income before income taxes (non-GAAP) increased $3.3 million in the current quarter and decreased $1.7 million in the current year compared with the same periods in the prior year (see Appendix A
                  for a reconciliation of GAAP to non-GAAP measures used in this press release.) </p>
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                </div>
                <p> Chairman J. Allen Fine commented, &#8220;We are pleased to report another year of strong performance for the Company. For both the quarter and the year, the Company set new records for revenues, premiums, and earnings. A strong economy led to
                  another year of increases in the level of home sales and average real estate values, while historically low interest rates drove a sharp increase in the level of refinance activity. </p>
                <p> Even though claims expense increased, we continued to experience a low level of overall claims activity. We believe this is the result of market factors driving foreclosure rates to pre-recession levels, as well as our own efforts to
                  improve the risk profile of our Company and our business partners. </p>
                <p> As we head into the new year, we are optimistic that the strength in the economy will result in conditions favorable for continued strength in the real estate market. Regardless of market conditions, however, we remain focused on
                  enhancing our competitive strengths, profitably expanding our market presence, and strengthening our financial position.&#8221; </p>
                <p> Investors Title Company&#8217;s subsidiaries issue and underwrite title insurance policies. The Company also provides investment management services and services in connection with tax-deferred exchanges of like-kind property. </p>
                <p> ----------------------------------------------------------------------------------------------------------------------------- </p>
                <p> Certain statements contained herein constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements include, among others, any statements regarding the Company&#8217;s expected
                  performance for this year, future home price fluctuations, changes in home purchase or refinance activity and the mix thereof, interest rate changes, expansion of the Company&#8217;s market presence, enhancing competitive strengths, positive
                  development in housing affordability, wages, unemployment or overall economic conditions or statements regarding our actuarial assumptions and the application of recent historical claims experience to future periods. These statements
                  involve a number of risks and uncertainties that could cause actual results to differ materially from anticipated and historical results. Such risks and uncertainties include, without limitation: the cyclical demand for title insurance
                  due to changes in the residential and commercial real estate markets; the occurrence of fraud, defalcation or misconduct; variances between actual claims experience and underwriting and reserving assumptions, including the limited
                  predictive power of historical claims experience; declines in the performance of the Company&#8217;s investments; government regulation; changes in the economy; loss of agency relationships, or significant reductions in agent-originated
                  business; difficulties managing growth, whether organic or through acquisitions and other considerations set forth under the caption &#8220;Risk Factors&#8221; in the Company&#8217;s Annual Report on Form 10-K for the year ended December 31, 2018, as filed
                  with the Securities and Exchange Commission, and in subsequent filings. </p>
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                </div>
                <table cellspacing="0" id="zcaa850d0ad624fc58666a4d1f13bc53f" style="margin-bottom: 10.0px;width: 100%; font-size: 10pt;">

                    <tr>
                      <td rowspan="1" colspan="16" style="padding-left: 0.0px;">
                        <p style="margin-bottom: 0px; margin-top: 0px;text-align: center; list-style-position:inside;"> <b>Investors Title Company and Subsidiaries</b> </p>
                        <p style="margin-bottom: 0px; margin-top: 0px;text-align: center; list-style-position:inside;"> <b>Consolidated Statements of Income</b> </p>
                        <p style="margin-bottom: 0px; margin-top: 0px;text-align: center; list-style-position:inside;"> <b><i>For the Three and Twelve Months Ended December 31, 2019 and 2018</i></b> </p>
                        <p style="margin-bottom: 0px; margin-top: 0px;text-align: center; list-style-position:inside;"> <b><i>(in thousands, except per share amounts)</i></b> </p>
                        <p style="margin-bottom: 0px; margin-top: 0px;text-align: center; list-style-position:inside;"> <b><i>(unaudited)</i></b> </p>
                      </td>
                    </tr>
                    <tr>
                      <td colspan="1" rowspan="1" style="padding-left: 0.0px;width: 40%;"><br>
                      </td>
                      <td rowspan="1" style="padding-left: 0.0px;" colspan="7"><br>
                      </td>
                      <td colspan="1" rowspan="1" style="padding-left: 0.0px;width: 2%;"><br>
                      </td>
                      <td rowspan="1" style="padding-left: 0.0px;" colspan="7">&#160;</td>
                    </tr>
                    <tr>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;width: 40%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;border-bottom: solid black 1.0pt;text-align: center; list-style-position:inside;" colspan="7">
                        <p style="list-style-position: inside; margin-bottom: 0px; margin-top: 0px;"> <b>Three Months Ended <br>
                            December 31,</b> </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;border-bottom: solid black 1.0pt;padding-left: 0.0px;text-align: center; list-style-position:inside;width: 2%;">
                        <p style="margin-bottom: 0px; margin-top: 0px; list-style-position: inside;"> &#160; </p>
                      </td>
                      <td rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;border-bottom: solid black 1.0pt;text-align: center; list-style-position:inside;" colspan="7">
                        <p style="list-style-position: inside; margin-bottom: 0px; margin-top: 0px;"> <b>Twelve Months Ended <br>
                            December 31,</b> </p>
                      </td>
                    </tr>
                    <tr>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;width: 40%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td rowspan="1" style="vertical-align: bottom;border-bottom: solid black 1.0pt;padding-left: 0.0px;padding-right: 0.0px;text-align: center; list-style-position:inside;" colspan="3">
                        <p style="margin-bottom: 0px; margin-top: 0px; list-style-position: inside;"> <b>2019</b> </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;border-bottom: solid black 1.0pt;padding-left: 0.0px;text-align: center; list-style-position:inside;width: 2%;">
                        <p style="margin-bottom: 0px; margin-top: 0px; list-style-position: inside;"> &#160; </p>
                      </td>
                      <td rowspan="1" style="vertical-align: bottom;border-bottom: solid black 1.0pt;padding-left: 0.0px;padding-right: 0.0px;text-align: center; list-style-position:inside;" colspan="3">
                        <p style="margin-bottom: 0px; margin-top: 0px; list-style-position: inside;"> 2018 </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;border-bottom: solid black 1.0pt;padding-left: 0.0px;text-align: center; list-style-position:inside;width: 2%;">
                        <p style="margin-bottom: 0px; margin-top: 0px; list-style-position: inside;"> &#160; </p>
                      </td>
                      <td rowspan="1" style="vertical-align: bottom;border-bottom: solid black 1.0pt;padding-left: 0.0px;padding-right: 0.0px;text-align: center; list-style-position:inside;" colspan="3">
                        <p style="margin-bottom: 0px; margin-top: 0px; list-style-position: inside;"> <b>2019</b> </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;border-bottom: solid black 1.0pt;padding-left: 0.0px;text-align: center; list-style-position:inside;width: 2%;">
                        <p style="margin-bottom: 0px; margin-top: 0px; list-style-position: inside;"> &#160; </p>
                      </td>
                      <td rowspan="1" style="vertical-align: bottom;border-bottom: solid black 1.0pt;padding-left: 0.0px;padding-right: 0.0px;text-align: center; list-style-position:inside;" colspan="3">
                        <p style="margin-bottom: 0px; margin-top: 0px; list-style-position: inside;"> 2018 </p>
                      </td>
                    </tr>
                    <tr>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;width: 40%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> <b>Revenues:</b> </p>
                      </td>
                      <td rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;" colspan="3">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;width: 2%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;" colspan="3">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;width: 2%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;" colspan="3">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;width: 2%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;" colspan="3">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                    </tr>
                    <tr>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 15.0px;width: 40%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> Net premiums written </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;padding-right: 0.0px;width: 1%;">
                        <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> <b>$</b> </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;padding-right: 0.0px;width: 10%;">
                        <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> <b>41,900</b> </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: top;padding-left: 0.0px;width: 1%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;width: 2%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;padding-right: 0.0px;width: 2%;">
                        <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> $ </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;padding-right: 0.0px;width: 10%;">
                        <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> 34,002 </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: top;padding-left: 0.0px;width: 2%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;width: 2%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;padding-right: 0.0px;width: 2%;">
                        <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> <b>$</b> </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;padding-right: 0.0px;width: 10%;">
                        <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> <b>145,842</b> </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: top;padding-left: 0.0px;width: 2%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;width: 2%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;padding-right: 0.0px;width: 2%;">
                        <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> $ </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;padding-right: 0.0px;width: 10%;">
                        <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> 138,125 </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: top;padding-left: 0.0px;width: 2%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                    </tr>
                    <tr>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 15.0px;width: 40%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> Escrow and other title-related fees </p>
                      </td>
                      <td rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;padding-right: 0.0px;" colspan="2">
                        <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> <b>1,858</b> </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: top;padding-left: 0.0px;width: 1%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;width: 2%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;padding-right: 0.0px;" colspan="2">
                        <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> 1,631 </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: top;padding-left: 0.0px;width: 2%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;width: 2%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;padding-right: 0.0px;" colspan="2">
                        <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> <b>7,474</b> </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: top;padding-left: 0.0px;width: 2%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;width: 2%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;padding-right: 0.0px;" colspan="2">
                        <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> 7,096 </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: top;padding-left: 0.0px;width: 2%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                    </tr>
                    <tr>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 15.0px;width: 40%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> Non-title services </p>
                      </td>
                      <td rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;padding-right: 0.0px;" colspan="2">
                        <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> <b>2,478</b> </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: top;padding-left: 0.0px;width: 1%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;width: 2%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;padding-right: 0.0px;" colspan="2">
                        <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> 1,999 </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: top;padding-left: 0.0px;width: 2%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;width: 2%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;padding-right: 0.0px;" colspan="2">
                        <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> <b>9,922</b> </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: top;padding-left: 0.0px;width: 2%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;width: 2%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;padding-right: 0.0px;" colspan="2">
                        <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> 7,082 </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: top;padding-left: 0.0px;width: 2%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                    </tr>
                    <tr>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 15.0px;width: 40%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> Interest and dividends </p>
                      </td>
                      <td rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;padding-right: 0.0px;" colspan="2">
                        <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> <b>1,147</b> </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: top;padding-left: 0.0px;width: 1%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;width: 2%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;padding-right: 0.0px;" colspan="2">
                        <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> 1,238 </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: top;padding-left: 0.0px;width: 2%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;width: 2%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;padding-right: 0.0px;" colspan="2">
                        <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> <b>4,752</b> </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: top;padding-left: 0.0px;width: 2%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;width: 2%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;padding-right: 0.0px;" colspan="2">
                        <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> 4,619 </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: top;padding-left: 0.0px;width: 2%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                    </tr>
                    <tr>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 15.0px;width: 40%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> Other investment income </p>
                      </td>
                      <td rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;padding-right: 0.0px;" colspan="2">
                        <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> <b>1,147</b> </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: top;padding-left: 0.0px;width: 1%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;width: 2%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;padding-right: 0.0px;" colspan="2">
                        <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> 828 </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: top;padding-left: 0.0px;width: 2%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;width: 2%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;padding-right: 0.0px;" colspan="2">
                        <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> <b>3,191</b> </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: top;padding-left: 0.0px;width: 2%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;width: 2%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;padding-right: 0.0px;" colspan="2">
                        <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> 3,107 </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: top;padding-left: 0.0px;width: 2%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                    </tr>
                    <tr>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 15.0px;width: 40%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> Net realized investment gains (losses) </p>
                      </td>
                      <td rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;padding-right: 0.0px;" colspan="2">
                        <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> <b>141</b> </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: top;padding-left: 0.0px;width: 1%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;width: 2%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;padding-right: 0.0px;" colspan="2">
                        <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> (739 </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;width: 2%;">
                        <p style="text-align: left;margin-bottom: 0px; margin-top: 0px;"> ) </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;width: 2%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;padding-right: 0.0px;" colspan="2">
                        <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> <b>1,340</b> </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: top;padding-left: 0.0px;width: 2%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;width: 2%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;padding-right: 0.0px;" colspan="2">
                        <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> (110 </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;width: 2%;">
                        <p style="text-align: left;margin-bottom: 0px; margin-top: 0px;"> ) </p>
                      </td>
                    </tr>
                    <tr>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 15.0px;width: 40%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> Changes in the estimated fair value of equity security investments </p>
                      </td>
                      <td rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;padding-right: 0.0px;" colspan="2">
                        <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> <b>4,085</b> </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: top;padding-left: 0.0px;width: 1%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;width: 2%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;padding-right: 0.0px;" colspan="2">
                        <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> (6,756 </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;width: 2%;">
                        <p style="text-align: left;margin-bottom: 0px; margin-top: 0px;"> ) </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;width: 2%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;padding-right: 0.0px;" colspan="2">
                        <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> <b>10,303</b> </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: top;padding-left: 0.0px;width: 2%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;width: 2%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;padding-right: 0.0px;" colspan="2">
                        <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> (4,130 </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;width: 2%;">
                        <p style="text-align: left;margin-bottom: 0px; margin-top: 0px;"> ) </p>
                      </td>
                    </tr>
                    <tr>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 15.0px;width: 40%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> Other </p>
                      </td>
                      <td rowspan="1" style="vertical-align: bottom;border-bottom: solid black 1.0pt;padding-left: 0.0px;padding-right: 0.0px;" colspan="2">
                        <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> <b>128</b> </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: top;border-bottom: solid black 1.0pt;padding-left: 0.0px;width: 1%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;border-bottom: solid black 1.0pt;padding-left: 0.0px;width: 2%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td rowspan="1" style="vertical-align: bottom;border-bottom: solid black 1.0pt;padding-left: 0.0px;padding-right: 0.0px;" colspan="2">
                        <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> 83 </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: top;border-bottom: solid black 1.0pt;padding-left: 0.0px;width: 2%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;border-bottom: solid black 1.0pt;padding-left: 0.0px;width: 2%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td rowspan="1" style="vertical-align: bottom;border-bottom: solid black 1.0pt;padding-left: 0.0px;padding-right: 0.0px;" colspan="2">
                        <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> <b>678</b> </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: top;border-bottom: solid black 1.0pt;padding-left: 0.0px;width: 2%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;border-bottom: solid black 1.0pt;padding-left: 0.0px;width: 2%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td rowspan="1" style="vertical-align: bottom;border-bottom: solid black 1.0pt;padding-left: 0.0px;padding-right: 0.0px;" colspan="2">
                        <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> 470 </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: top;border-bottom: solid black 1.0pt;padding-left: 0.0px;width: 2%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                    </tr>
                    <tr>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 40.0px;width: 40%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> Total Revenues </p>
                      </td>
                      <td rowspan="1" style="vertical-align: bottom;border-bottom: solid black 1.0pt;padding-left: 0.0px;padding-right: 0.0px;" colspan="2">
                        <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> <b>52,884</b> </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: top;border-bottom: solid black 1.0pt;padding-left: 0.0px;width: 1%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;border-bottom: solid black 1.0pt;padding-left: 0.0px;width: 2%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td rowspan="1" style="vertical-align: bottom;border-bottom: solid black 1.0pt;padding-left: 0.0px;padding-right: 0.0px;" colspan="2">
                        <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> 32,286 </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: top;border-bottom: solid black 1.0pt;padding-left: 0.0px;width: 2%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;border-bottom: solid black 1.0pt;padding-left: 0.0px;width: 2%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td rowspan="1" style="vertical-align: bottom;border-bottom: solid black 1.0pt;padding-left: 0.0px;padding-right: 0.0px;" colspan="2">
                        <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> <b>183,502</b> </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: top;border-bottom: solid black 1.0pt;padding-left: 0.0px;width: 2%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;border-bottom: solid black 1.0pt;padding-left: 0.0px;width: 2%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td rowspan="1" style="vertical-align: bottom;border-bottom: solid black 1.0pt;padding-left: 0.0px;padding-right: 0.0px;" colspan="2">
                        <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> 156,259 </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: top;border-bottom: solid black 1.0pt;padding-left: 0.0px;width: 2%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                    </tr>
                    <tr>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;width: 40%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;" colspan="3">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;width: 2%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;" colspan="3">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;width: 2%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;" colspan="3">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;width: 2%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;" colspan="3">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                    </tr>
                    <tr>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;width: 40%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> <b>Operating Expenses:</b> </p>
                      </td>
                      <td rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;" colspan="3">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;width: 2%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;" colspan="3">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;width: 2%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;" colspan="3">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;width: 2%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;" colspan="3">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                    </tr>
                    <tr>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 15.0px;width: 40%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> Commissions to agents </p>
                      </td>
                      <td rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;padding-right: 0.0px;" colspan="2">
                        <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> <b>21,519</b> </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: top;padding-left: 0.0px;width: 1%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;width: 2%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;padding-right: 0.0px;" colspan="2">
                        <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> 16,833 </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: top;padding-left: 0.0px;width: 2%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;width: 2%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;padding-right: 0.0px;" colspan="2">
                        <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> <b>72,780</b> </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: top;padding-left: 0.0px;width: 2%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;width: 2%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;padding-right: 0.0px;" colspan="2">
                        <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> 65,775 </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: top;padding-left: 0.0px;width: 2%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                    </tr>
                    <tr>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 15.0px;width: 40%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> (Benefit) Provision for claims </p>
                      </td>
                      <td rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;padding-right: 0.0px;" colspan="2">
                        <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> <b>(78</b> </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;width: 1%;">
                        <p style="text-align: left;margin-bottom: 0px; margin-top: 0px;"> <b>)</b> </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;width: 2%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;padding-right: 0.0px;" colspan="2">
                        <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> (487 </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;width: 2%;">
                        <p style="text-align: left;margin-bottom: 0px; margin-top: 0px;"> ) </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;width: 2%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;padding-right: 0.0px;" colspan="2">
                        <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> <b>3,532</b> </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: top;padding-left: 0.0px;width: 2%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;width: 2%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;padding-right: 0.0px;" colspan="2">
                        <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> (332 </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;width: 2%;">
                        <p style="text-align: left;margin-bottom: 0px; margin-top: 0px;"> ) </p>
                      </td>
                    </tr>
                    <tr>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 15.0px;width: 40%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> Personnel expenses </p>
                      </td>
                      <td rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;padding-right: 0.0px;" colspan="2">
                        <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> <b>11,187</b> </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: top;padding-left: 0.0px;width: 1%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;width: 2%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;padding-right: 0.0px;" colspan="2">
                        <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> 10,318 </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: top;padding-left: 0.0px;width: 2%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;width: 2%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;padding-right: 0.0px;" colspan="2">
                        <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> <b>46,058</b> </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: top;padding-left: 0.0px;width: 2%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;width: 2%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;padding-right: 0.0px;" colspan="2">
                        <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> 43,552 </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: top;padding-left: 0.0px;width: 2%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                    </tr>
                    <tr>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 15.0px;width: 40%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> Office and technology expenses </p>
                      </td>
                      <td rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;padding-right: 0.0px;" colspan="2">
                        <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> <b>2,451</b> </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: top;padding-left: 0.0px;width: 1%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;width: 2%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;padding-right: 0.0px;" colspan="2">
                        <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> 2,210 </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: top;padding-left: 0.0px;width: 2%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;width: 2%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;padding-right: 0.0px;" colspan="2">
                        <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> <b>9,254</b> </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: top;padding-left: 0.0px;width: 2%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;width: 2%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;padding-right: 0.0px;" colspan="2">
                        <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> 8,813 </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: top;padding-left: 0.0px;width: 2%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                    </tr>
                    <tr>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 15.0px;width: 40%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> Other expenses </p>
                      </td>
                      <td rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;border-bottom: solid black 1.0pt;padding-right: 0.0px;" colspan="2">
                        <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> <b>3,234</b> </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: top;padding-left: 0.0px;border-bottom: solid black 1.0pt;width: 1%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;border-bottom: solid black 1.0pt;width: 2%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td rowspan="1" style="vertical-align: bottom;border-bottom: solid black 1.0pt;padding-left: 0.0px;padding-right: 0.0px;" colspan="2">
                        <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> 2,942 </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: top;border-bottom: solid black 1.0pt;padding-left: 0.0px;width: 2%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;border-bottom: solid black 1.0pt;padding-left: 0.0px;width: 2%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td rowspan="1" style="vertical-align: bottom;border-bottom: solid black 1.0pt;padding-left: 0.0px;padding-right: 0.0px;" colspan="2">
                        <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> <b>12,055</b> </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: top;border-bottom: solid black 1.0pt;padding-left: 0.0px;width: 2%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;border-bottom: solid black 1.0pt;padding-left: 0.0px;width: 2%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td rowspan="1" style="vertical-align: bottom;border-bottom: solid black 1.0pt;padding-left: 0.0px;padding-right: 0.0px;" colspan="2">
                        <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> 11,382 </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: top;border-bottom: solid black 1.0pt;padding-left: 0.0px;width: 2%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                    </tr>
                    <tr>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 40.0px;width: 40%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> Total Operating Expenses </p>
                      </td>
                      <td rowspan="1" style="vertical-align: bottom;border-bottom: solid black 1.0pt;padding-left: 0.0px;padding-right: 0.0px;" colspan="2">
                        <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> <b>38,313</b> </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: top;border-bottom: solid black 1.0pt;padding-left: 0.0px;width: 1%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;border-bottom: solid black 1.0pt;padding-left: 0.0px;width: 2%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td rowspan="1" style="vertical-align: bottom;border-bottom: solid black 1.0pt;padding-left: 0.0px;padding-right: 0.0px;" colspan="2">
                        <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> 31,816 </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: top;border-bottom: solid black 1.0pt;padding-left: 0.0px;width: 2%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;border-bottom: solid black 1.0pt;padding-left: 0.0px;width: 2%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td rowspan="1" style="vertical-align: bottom;border-bottom: solid black 1.0pt;padding-left: 0.0px;padding-right: 0.0px;" colspan="2">
                        <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> <b>143,679</b> </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: top;border-bottom: solid black 1.0pt;padding-left: 0.0px;width: 2%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;border-bottom: solid black 1.0pt;padding-left: 0.0px;width: 2%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td rowspan="1" style="vertical-align: bottom;border-bottom: solid black 1.0pt;padding-left: 0.0px;padding-right: 0.0px;" colspan="2">
                        <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> 129,190 </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: top;border-bottom: solid black 1.0pt;padding-left: 0.0px;width: 2%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                    </tr>
                    <tr>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;width: 40%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;" colspan="3">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;width: 2%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;" colspan="3">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;width: 2%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;" colspan="3">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;width: 2%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;" colspan="3">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                    </tr>
                    <tr>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;width: 40%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> <b>Income before Income Taxes</b> </p>
                      </td>
                      <td rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;padding-right: 0.0px;" colspan="2">
                        <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> <b>14,571</b> </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: top;padding-left: 0.0px;width: 1%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;width: 2%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;padding-right: 0.0px;" colspan="2">
                        <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> 470 </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: top;padding-left: 0.0px;width: 2%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;width: 2%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;padding-right: 0.0px;" colspan="2">
                        <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> <b>39,823</b> </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: top;padding-left: 0.0px;width: 2%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;width: 2%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;padding-right: 0.0px;" colspan="2">
                        <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> 27,069 </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: top;padding-left: 0.0px;width: 2%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                    </tr>
                    <tr>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;width: 40%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;" colspan="3">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;width: 2%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;" colspan="3">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;width: 2%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;" colspan="3">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;width: 2%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;" colspan="3">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                    </tr>
                    <tr>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;width: 40%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> <b>Provision for Income Taxes</b> </p>
                      </td>
                      <td rowspan="1" style="vertical-align: bottom;border-bottom: solid black 1.0pt;padding-left: 0.0px;padding-right: 0.0px;" colspan="2">
                        <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> <b>3,191</b> </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: top;border-bottom: solid black 1.0pt;padding-left: 0.0px;width: 1%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;border-bottom: solid black 1.0pt;padding-left: 0.0px;width: 2%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td rowspan="1" style="vertical-align: bottom;border-bottom: solid black 1.0pt;padding-left: 0.0px;padding-right: 0.0px;" colspan="2">
                        <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> 337 </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: top;border-bottom: solid black 1.0pt;padding-left: 0.0px;width: 2%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;border-bottom: solid black 1.0pt;padding-left: 0.0px;width: 2%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td rowspan="1" style="vertical-align: bottom;border-bottom: solid black 1.0pt;padding-left: 0.0px;padding-right: 0.0px;" colspan="2">
                        <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> <b>8,365</b> </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: top;border-bottom: solid black 1.0pt;padding-left: 0.0px;width: 2%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;border-bottom: solid black 1.0pt;padding-left: 0.0px;width: 2%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td rowspan="1" style="vertical-align: bottom;border-bottom: solid black 1.0pt;padding-left: 0.0px;padding-right: 0.0px;" colspan="2">
                        <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> 5,210 </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: top;border-bottom: solid black 1.0pt;padding-left: 0.0px;width: 2%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                    </tr>
                    <tr>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;width: 40%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;" colspan="3">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;width: 2%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;" colspan="3">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;width: 2%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;" colspan="3">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;width: 2%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;" colspan="3">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                    </tr>
                    <tr>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;width: 40%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> <b>Net Income</b> </p>
                      </td>
                      <td rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;padding-right: 0.0px;" colspan="2">
                        <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> <b>11,380</b> </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: top;padding-left: 0.0px;width: 1%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;width: 2%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;padding-right: 0.0px;" colspan="2">
                        <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> 133 </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: top;padding-left: 0.0px;width: 2%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;width: 2%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;padding-right: 0.0px;" colspan="2">
                        <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> <b>31,458</b> </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: top;padding-left: 0.0px;width: 2%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;width: 2%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;padding-right: 0.0px;" colspan="2">
                        <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> 21,859 </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: top;padding-left: 0.0px;width: 2%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                    </tr>
                    <tr>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;width: 40%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;" colspan="3">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;width: 2%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;" colspan="3">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;width: 2%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;" colspan="3">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;width: 2%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;" colspan="3">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                    </tr>
                    <tr>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;width: 40%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> <b>Net Loss Attributable to Noncontrolling Interests</b> </p>
                      </td>
                      <td rowspan="1" style="vertical-align: bottom;border-bottom: solid black 1.0pt;padding-left: 0.0px;" colspan="2">
                        <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> <b>&#8212;</b> </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: top;border-bottom: solid black 1.0pt;padding-left: 0.0px;width: 1%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;border-bottom: solid black 1.0pt;padding-left: 0.0px;width: 2%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td rowspan="1" style="vertical-align: bottom;border-bottom: solid black 1.0pt;padding-left: 0.0px;padding-right: 0.0px;" colspan="2">
                        <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> 2 </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: top;border-bottom: solid black 1.0pt;padding-left: 0.0px;width: 2%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;border-bottom: solid black 1.0pt;padding-left: 0.0px;width: 2%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td rowspan="1" style="vertical-align: bottom;border-bottom: solid black 1.0pt;padding-left: 0.0px;" colspan="2">
                        <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> <b>&#8212;</b> </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: top;border-bottom: solid black 1.0pt;padding-left: 0.0px;width: 2%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;border-bottom: solid black 1.0pt;padding-left: 0.0px;width: 2%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td rowspan="1" style="vertical-align: bottom;border-bottom: solid black 1.0pt;padding-left: 0.0px;padding-right: 0.0px;" colspan="2">
                        <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> 33 </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: top;border-bottom: solid black 1.0pt;padding-left: 0.0px;width: 2%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                    </tr>
                    <tr>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;width: 40%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;" colspan="3">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;width: 2%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;" colspan="3">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;width: 2%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;" colspan="3">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;width: 2%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;" colspan="3">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                    </tr>
                    <tr>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;width: 40%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> <b>Net Income Attributable to the Company</b> </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;border-bottom: double black 2.25pt;padding-left: 0.0px;padding-right: 0.0px;width: 1%;">
                        <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> <b>$</b> </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;border-bottom: double black 2.25pt;padding-left: 0.0px;padding-right: 0.0px;width: 10%;">
                        <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> <b>11,380</b> </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: top;border-bottom: double black 2.25pt;padding-left: 0.0px;width: 1%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;border-bottom: double black 2.25pt;padding-left: 0.0px;width: 2%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;border-bottom: double black 2.25pt;padding-left: 0.0px;padding-right: 0.0px;width: 2%;">
                        <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> $ </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;border-bottom: double black 2.25pt;padding-left: 0.0px;padding-right: 0.0px;width: 10%;">
                        <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> 135 </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: top;border-bottom: double black 2.25pt;padding-left: 0.0px;width: 2%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;border-bottom: double black 2.25pt;padding-left: 0.0px;width: 2%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;border-bottom: double black 2.25pt;padding-left: 0.0px;padding-right: 0.0px;width: 2%;">
                        <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> <b>$</b> </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;border-bottom: double black 2.25pt;padding-left: 0.0px;padding-right: 0.0px;width: 10%;">
                        <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> <b>31,458</b> </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: top;border-bottom: double black 2.25pt;padding-left: 0.0px;width: 2%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;border-bottom: double black 2.25pt;padding-left: 0.0px;width: 2%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;border-bottom: double black 2.25pt;padding-left: 0.0px;padding-right: 0.0px;width: 2%;">
                        <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> $ </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;border-bottom: double black 2.25pt;padding-left: 0.0px;padding-right: 0.0px;width: 10%;">
                        <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> 21,892 </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: top;border-bottom: double black 2.25pt;padding-left: 0.0px;width: 2%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                    </tr>
                    <tr>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;width: 40%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;" colspan="3">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;width: 2%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;" colspan="3">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;width: 2%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;" colspan="3">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;width: 2%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;" colspan="3">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                    </tr>
                    <tr>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;width: 40%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> <b>Basic Earnings per Common Share</b> </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;border-bottom: double black 2.25pt;padding-left: 0.0px;padding-right: 0.0px;width: 1%;">
                        <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> <b>$</b> </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;border-bottom: double black 2.25pt;padding-left: 0.0px;padding-right: 0.0px;width: 10%;">
                        <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> <b>6.03</b> </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: top;border-bottom: double black 2.25pt;padding-left: 0.0px;width: 1%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;border-bottom: double black 2.25pt;padding-left: 0.0px;width: 2%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;border-bottom: double black 2.25pt;padding-left: 0.0px;padding-right: 0.0px;width: 2%;">
                        <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> $ </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;border-bottom: double black 2.25pt;padding-left: 0.0px;padding-right: 0.0px;width: 10%;">
                        <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> 0.07 </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: top;border-bottom: double black 2.25pt;padding-left: 0.0px;width: 2%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;border-bottom: double black 2.25pt;padding-left: 0.0px;width: 2%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;border-bottom: double black 2.25pt;padding-left: 0.0px;padding-right: 0.0px;width: 2%;">
                        <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> <b>$</b> </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;border-bottom: double black 2.25pt;padding-left: 0.0px;padding-right: 0.0px;width: 10%;">
                        <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> <b>16.66</b> </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: top;border-bottom: double black 2.25pt;padding-left: 0.0px;width: 2%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;border-bottom: double black 2.25pt;padding-left: 0.0px;width: 2%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;border-bottom: double black 2.25pt;padding-left: 0.0px;padding-right: 0.0px;width: 2%;">
                        <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> $ </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;border-bottom: double black 2.25pt;padding-left: 0.0px;padding-right: 0.0px;width: 10%;">
                        <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> 11.60 </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: top;border-bottom: double black 2.25pt;padding-left: 0.0px;width: 2%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                    </tr>
                    <tr>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;width: 40%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;" colspan="3">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;width: 2%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;" colspan="3">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;width: 2%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;" colspan="3">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;width: 2%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;" colspan="3">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                    </tr>
                    <tr>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;width: 40%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> <b>Weighted Average Shares Outstanding &#8211; Basic</b> </p>
                      </td>
                      <td rowspan="1" style="vertical-align: bottom;border-bottom: double black 2.25pt;padding-left: 0.0px;padding-right: 0.0px;" colspan="2">
                        <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> <b>1,889</b> </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: top;border-bottom: double black 2.25pt;padding-left: 0.0px;width: 1%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;border-bottom: double black 2.25pt;padding-left: 0.0px;width: 2%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td rowspan="1" style="vertical-align: bottom;border-bottom: double black 2.25pt;padding-left: 0.0px;padding-right: 0.0px;" colspan="2">
                        <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> 1,887 </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: top;border-bottom: double black 2.25pt;padding-left: 0.0px;width: 2%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;border-bottom: double black 2.25pt;padding-left: 0.0px;width: 2%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td rowspan="1" style="vertical-align: bottom;border-bottom: double black 2.25pt;padding-left: 0.0px;padding-right: 0.0px;" colspan="2">
                        <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> <b>1,888</b> </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: top;border-bottom: double black 2.25pt;padding-left: 0.0px;width: 2%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;border-bottom: double black 2.25pt;padding-left: 0.0px;width: 2%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td rowspan="1" style="vertical-align: bottom;border-bottom: double black 2.25pt;padding-left: 0.0px;padding-right: 0.0px;" colspan="2">
                        <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> 1,887 </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: top;border-bottom: double black 2.25pt;padding-left: 0.0px;width: 2%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                    </tr>
                    <tr>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;width: 40%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;" colspan="3">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;width: 2%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;" colspan="3">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;width: 2%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;" colspan="3">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;width: 2%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;" colspan="3">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                    </tr>
                    <tr>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;width: 40%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> <b>Diluted Earnings per Common Share</b> </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;border-bottom: double black 2.25pt;padding-left: 0.0px;padding-right: 0.0px;width: 1%;">
                        <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> <b>$</b> </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;border-bottom: double black 2.25pt;padding-left: 0.0px;padding-right: 0.0px;width: 10%;">
                        <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> <b>6.00</b> </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: top;border-bottom: double black 2.25pt;padding-left: 0.0px;width: 1%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;border-bottom: double black 2.25pt;padding-left: 0.0px;width: 2%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;border-bottom: double black 2.25pt;padding-left: 0.0px;padding-right: 0.0px;width: 2%;">
                        <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> $ </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;border-bottom: double black 2.25pt;padding-left: 0.0px;padding-right: 0.0px;width: 10%;">
                        <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> 0.07 </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: top;border-bottom: double black 2.25pt;padding-left: 0.0px;width: 2%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;border-bottom: double black 2.25pt;padding-left: 0.0px;width: 2%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;border-bottom: double black 2.25pt;padding-left: 0.0px;padding-right: 0.0px;width: 2%;">
                        <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> <b>$</b> </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;border-bottom: double black 2.25pt;padding-left: 0.0px;padding-right: 0.0px;width: 10%;">
                        <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> <b>16.59</b> </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: top;border-bottom: double black 2.25pt;padding-left: 0.0px;width: 2%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;border-bottom: double black 2.25pt;padding-left: 0.0px;width: 2%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;border-bottom: double black 2.25pt;padding-left: 0.0px;padding-right: 0.0px;width: 2%;">
                        <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> $ </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;border-bottom: double black 2.25pt;padding-left: 0.0px;padding-right: 0.0px;width: 10%;">
                        <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> 11.54 </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: top;border-bottom: double black 2.25pt;padding-left: 0.0px;width: 2%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                    </tr>
                    <tr>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;width: 40%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;" colspan="3">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;width: 2%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;" colspan="3">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;width: 2%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;" colspan="3">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;width: 2%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;" colspan="3">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                    </tr>
                    <tr>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;width: 40%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> <b>Weighted Average Shares Outstanding &#8211; Diluted</b> </p>
                      </td>
                      <td rowspan="1" style="vertical-align: bottom;border-bottom: double black 2.25pt;padding-left: 0.0px;padding-right: 0.0px;" colspan="2">
                        <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> <b>1,896</b> </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: top;border-bottom: double black 2.25pt;padding-left: 0.0px;width: 1%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;border-bottom: double black 2.25pt;padding-left: 0.0px;width: 2%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td rowspan="1" style="vertical-align: bottom;border-bottom: double black 2.25pt;padding-left: 0.0px;padding-right: 0.0px;" colspan="2">
                        <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> 1,896 </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: top;border-bottom: double black 2.25pt;padding-left: 0.0px;width: 2%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;border-bottom: double black 2.25pt;padding-left: 0.0px;width: 2%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td rowspan="1" style="vertical-align: bottom;border-bottom: double black 2.25pt;padding-left: 0.0px;padding-right: 0.0px;" colspan="2">
                        <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> <b>1,896</b> </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: top;border-bottom: double black 2.25pt;padding-left: 0.0px;width: 2%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;border-bottom: double black 2.25pt;padding-left: 0.0px;width: 2%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td rowspan="1" style="vertical-align: bottom;border-bottom: double black 2.25pt;padding-left: 0.0px;padding-right: 0.0px;" colspan="2">
                        <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> 1,897 </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: top;border-bottom: double black 2.25pt;padding-left: 0.0px;width: 2%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                    </tr>
                    <tr>
                      <td colspan="1" rowspan="1" style="padding-left: 0.0px;width: 40%;"><br>
                      </td>
                      <td rowspan="1" style="padding-left: 0.0px;" colspan="2"><br>
                      </td>
                      <td colspan="1" rowspan="1" style="padding-left: 0.0px;width: 1%;"><br>
                      </td>
                      <td colspan="1" rowspan="1" style="padding-left: 0.0px;width: 2%;"><br>
                      </td>
                      <td rowspan="1" style="padding-left: 0.0px;" colspan="2"><br>
                      </td>
                      <td colspan="1" rowspan="1" style="padding-left: 0.0px;width: 2%;"><br>
                      </td>
                      <td colspan="1" rowspan="1" style="padding-left: 0.0px;width: 2%;"><br>
                      </td>
                      <td rowspan="1" style="padding-left: 0.0px;" colspan="2"><br>
                      </td>
                      <td colspan="1" rowspan="1" style="padding-left: 0.0px;width: 2%;"><br>
                      </td>
                      <td colspan="1" rowspan="1" style="padding-left: 0.0px;width: 2%;"><br>
                      </td>
                      <td rowspan="1" style="padding-left: 0.0px;" colspan="2"><br>
                      </td>
                      <td colspan="1" rowspan="1" style="padding-left: 0.0px;width: 2%;">&#160;</td>
                    </tr>

                </table>
                <div> </div>
                <div style="MARGIN-BOTTOM: 10pt; CLEAR: both; MARGIN-TOP: 10pt" id="DSPFPageBreakArea">
                  <div style="PAGE-BREAK-AFTER: always" id="DSPFPageBreak">
                    <hr style="BORDER-LEFT-WIDTH: 0px; HEIGHT: 2px; BORDER-RIGHT-WIDTH: 0px; WIDTH: 100%; BORDER-BOTTOM-WIDTH: 0px; COLOR: #000000; CLEAR: both; MARGIN: 4px 0px; BORDER-TOP-WIDTH: 0px; BACKGROUND-COLOR: #000000"> </div>
                </div>
                <table cellspacing="0" id="z7c79bc312fa54b1b9393f3223813fc20" style="margin-bottom: 10.0px;width: 100%; font-size: 10pt;">

                    <tr>
                      <td rowspan="1" colspan="8" style="padding-left: 0.0px;">
                        <p style="margin-bottom: 0px; margin-top: 0px;text-align: center; list-style-position:inside;"> <b>Investors Title Company and Subsidiaries</b> </p>
                        <p style="margin-bottom: 0px; margin-top: 0px;text-align: center; list-style-position:inside;"> <b>Consolidated Balance Sheets</b> </p>
                        <p style="margin-bottom: 0px; margin-top: 0px;text-align: center; list-style-position:inside;"> <b><i>As of December 31, 2019 and 2018</i></b> </p>
                        <p style="margin-bottom: 0px; margin-top: 0px;text-align: center; list-style-position:inside;"> <b><i>(in thousands)</i></b> </p>
                        <p style="margin-bottom: 0px; margin-top: 0px;text-align: center; list-style-position:inside;"> <b><i>(unaudited)</i></b> </p>
                      </td>
                    </tr>
                    <tr>
                      <td colspan="1" rowspan="1" style="padding-left: 0.0px;width: 75%;"><br>
                      </td>
                      <td rowspan="1" style="padding-left: 0.0px;" colspan="3"><br>
                      </td>
                      <td colspan="1" rowspan="1" style="padding-left: 0.0px;width: 1%;"><br>
                      </td>
                      <td rowspan="1" style="padding-left: 0.0px;" colspan="3">&#160;</td>
                    </tr>
                    <tr>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;width: 75%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td rowspan="1" style="vertical-align: bottom;border-bottom: solid black 1.0pt;padding-left: 0.0px;" colspan="3">
                        <p style="text-align: center; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> <b>December 31, <br>
                            2019</b> </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;border-bottom: solid black 1.0pt;padding-left: 0.0px;width: 1%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td rowspan="1" style="vertical-align: bottom;border-bottom: solid black 1.0pt;padding-left: 0.0px;" colspan="3">
                        <p style="text-align: center; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> December 31, <br>
                          2018 </p>
                      </td>
                    </tr>
                    <tr>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;width: 75%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> <b>Assets</b> </p>
                      </td>
                      <td rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;" colspan="3">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;width: 1%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;" colspan="3">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                    </tr>
                    <tr>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;width: 75%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;" colspan="3">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;width: 1%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;" colspan="3">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                    </tr>
                    <tr>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;width: 75%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> Cash and cash equivalents </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;padding-right: 0.0px;width: 1%;">
                        <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> <b>$</b> </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;padding-right: 0.0px;width: 10%;">
                        <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> <b>25,949</b> </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: top;padding-left: 0.0px;width: 1%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;width: 1%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;padding-right: 0.0px;width: 1%;">
                        <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> $ </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;padding-right: 0.0px;width: 10%;">
                        <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> 18,694 </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: top;padding-left: 0.0px;width: 1%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                    </tr>
                    <tr>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;width: 75%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;" colspan="3">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;width: 1%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;" colspan="3">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                    </tr>
                    <tr>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;width: 75%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> Investments: </p>
                      </td>
                      <td rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;" colspan="3">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;width: 1%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;" colspan="3">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                    </tr>
                    <tr>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 15.0px;width: 75%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> Fixed maturity securities, available-for-sale, at fair value </p>
                      </td>
                      <td rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;padding-right: 0.0px;" colspan="2">
                        <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> <b>104,638</b> </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: top;padding-left: 0.0px;width: 1%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;width: 1%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;padding-right: 0.0px;" colspan="2">
                        <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> 88,957 </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: top;padding-left: 0.0px;width: 1%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                    </tr>
                    <tr>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 15.0px;width: 75%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> Equity securities, at fair value </p>
                      </td>
                      <td rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;padding-right: 0.0px;" colspan="2">
                        <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> <b>61,108</b> </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: top;padding-left: 0.0px;width: 1%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;width: 1%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;padding-right: 0.0px;" colspan="2">
                        <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> 48,489 </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: top;padding-left: 0.0px;width: 1%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                    </tr>
                    <tr>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 15.0px;width: 75%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> Short-term investments </p>
                      </td>
                      <td rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;padding-right: 0.0px;" colspan="2">
                        <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> <b>13,134</b> </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: top;padding-left: 0.0px;width: 1%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;width: 1%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;padding-right: 0.0px;" colspan="2">
                        <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> 32,787 </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: top;padding-left: 0.0px;width: 1%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                    </tr>
                    <tr>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 15.0px;width: 75%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> Other investments </p>
                      </td>
                      <td rowspan="1" style="vertical-align: bottom;border-bottom: solid black 1.0pt;padding-left: 0.0px;padding-right: 0.0px;" colspan="2">
                        <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> <b>13,982</b> </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: top;border-bottom: solid black 1.0pt;padding-left: 0.0px;width: 1%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;border-bottom: solid black 1.0pt;padding-left: 0.0px;width: 1%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td rowspan="1" style="vertical-align: bottom;border-bottom: solid black 1.0pt;padding-left: 0.0px;padding-right: 0.0px;" colspan="2">
                        <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> 12,436 </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: top;border-bottom: solid black 1.0pt;padding-left: 0.0px;width: 1%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                    </tr>
                    <tr>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 40.0px;width: 75%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> Total investments </p>
                      </td>
                      <td rowspan="1" style="vertical-align: bottom;border-bottom: solid black 1.0pt;padding-left: 0.0px;padding-right: 0.0px;" colspan="2">
                        <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> <b>192,862</b> </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: top;border-bottom: solid black 1.0pt;padding-left: 0.0px;width: 1%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;border-bottom: solid black 1.0pt;padding-left: 0.0px;width: 1%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td rowspan="1" style="vertical-align: bottom;border-bottom: solid black 1.0pt;padding-left: 0.0px;padding-right: 0.0px;" colspan="2">
                        <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> 182,669 </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: top;border-bottom: solid black 1.0pt;padding-left: 0.0px;width: 1%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                    </tr>
                    <tr>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;width: 75%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;" colspan="3">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;width: 1%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;" colspan="3">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                    </tr>
                    <tr>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;width: 75%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> Premiums and fees receivable </p>
                      </td>
                      <td rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;padding-right: 0.0px;" colspan="2">
                        <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> <b>12,523</b> </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: top;padding-left: 0.0px;width: 1%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;width: 1%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;padding-right: 0.0px;" colspan="2">
                        <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> 12,128 </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: top;padding-left: 0.0px;width: 1%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                    </tr>
                    <tr>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;width: 75%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> Accrued interest and dividends </p>
                      </td>
                      <td rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;padding-right: 0.0px;" colspan="2">
                        <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> <b>1,033</b> </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: top;padding-left: 0.0px;width: 1%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;width: 1%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;padding-right: 0.0px;" colspan="2">
                        <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> 946 </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: top;padding-left: 0.0px;width: 1%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                    </tr>
                    <tr>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;width: 75%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> Prepaid expenses and other receivables </p>
                      </td>
                      <td rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;padding-right: 0.0px;" colspan="2">
                        <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> <b>5,519</b> </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: top;padding-left: 0.0px;width: 1%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;width: 1%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;padding-right: 0.0px;" colspan="2">
                        <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> 7,288 </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: top;padding-left: 0.0px;width: 1%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                    </tr>
                    <tr>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;width: 75%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> Property, net </p>
                      </td>
                      <td rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;padding-right: 0.0px;" colspan="2">
                        <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> <b>9,776</b> </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: top;padding-left: 0.0px;width: 1%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;width: 1%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;padding-right: 0.0px;" colspan="2">
                        <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> 10,304 </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: top;padding-left: 0.0px;width: 1%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                    </tr>
                    <tr>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;width: 75%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> Goodwill and other intangible assets, net </p>
                      </td>
                      <td rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;padding-right: 0.0px;" colspan="2">
                        <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> <b>10,275</b> </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: top;padding-left: 0.0px;width: 1%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;width: 1%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;padding-right: 0.0px;" colspan="2">
                        <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> 10,780 </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: top;padding-left: 0.0px;width: 1%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                    </tr>
                    <tr>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;width: 75%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> Operating lease right-of-use assets </p>
                      </td>
                      <td rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;padding-right: 0.0px;" colspan="2">
                        <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> <b>4,469</b> </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: top;padding-left: 0.0px;width: 1%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;width: 1%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;" colspan="2">
                        <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> &#8212; </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: top;padding-left: 0.0px;width: 1%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                    </tr>
                    <tr>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;width: 75%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> Other assets </p>
                      </td>
                      <td rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;border-bottom: solid black 1.0pt;padding-right: 0.0px;" colspan="2">
                        <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> <b>1,487</b> </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: top;padding-left: 0.0px;border-bottom: solid black 1.0pt;width: 1%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;border-bottom: solid black 1.0pt;width: 1%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;border-bottom: solid black 1.0pt;padding-right: 0.0px;" colspan="2">
                        <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> 1,459 </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: top;padding-left: 0.0px;border-bottom: solid black 1.0pt;width: 1%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                    </tr>
                    <tr>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 40.0px;width: 75%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> Total Assets </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;border-bottom: double black 2.25pt;padding-left: 0.0px;padding-right: 0.0px;width: 1%;">
                        <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> <b>$</b> </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;border-bottom: double black 2.25pt;padding-left: 0.0px;padding-right: 0.0px;width: 10%;">
                        <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> <b>263,893</b> </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: top;border-bottom: double black 2.25pt;padding-left: 0.0px;width: 1%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;border-bottom: double black 2.25pt;padding-left: 0.0px;width: 1%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;border-bottom: double black 2.25pt;padding-left: 0.0px;padding-right: 0.0px;width: 1%;">
                        <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> $ </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;border-bottom: double black 2.25pt;padding-left: 0.0px;padding-right: 0.0px;width: 10%;">
                        <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> 244,268 </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: top;border-bottom: double black 2.25pt;padding-left: 0.0px;width: 1%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                    </tr>
                    <tr>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;width: 75%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;" colspan="3">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;width: 1%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;" colspan="3">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                    </tr>
                    <tr>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;width: 75%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> <b>Liabilities and Stockholders&#8217; Equity</b> </p>
                      </td>
                      <td rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;" colspan="3">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;width: 1%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;" colspan="3">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                    </tr>
                    <tr>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;width: 75%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;" colspan="3">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;width: 1%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;" colspan="3">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                    </tr>
                    <tr>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;width: 75%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> Liabilities: </p>
                      </td>
                      <td rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;" colspan="3">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;width: 1%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;" colspan="3">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                    </tr>
                    <tr>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 15.0px;width: 75%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> Reserve for claims </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;padding-right: 0.0px;width: 1%;">
                        <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> <b>$</b> </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;padding-right: 0.0px;width: 10%;">
                        <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> <b>31,333</b> </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: top;padding-left: 0.0px;width: 1%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;width: 1%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;padding-right: 0.0px;width: 1%;">
                        <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> $ </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;padding-right: 0.0px;width: 10%;">
                        <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> 31,729 </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: top;padding-left: 0.0px;width: 1%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                    </tr>
                    <tr>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 15.0px;width: 75%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> Accounts payable and accrued liabilities </p>
                      </td>
                      <td rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;padding-right: 0.0px;" colspan="2">
                        <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> <b>28,318</b> </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: top;padding-left: 0.0px;width: 1%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;width: 1%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;padding-right: 0.0px;" colspan="2">
                        <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> 27,735 </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: top;padding-left: 0.0px;width: 1%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                    </tr>
                    <tr>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 15.0px;width: 75%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> Operating lease liabilities </p>
                      </td>
                      <td rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;padding-right: 0.0px;" colspan="2">
                        <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> <b>4,502</b> </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: top;padding-left: 0.0px;width: 1%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;width: 1%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;" colspan="2">
                        <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> &#8212; </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: top;padding-left: 0.0px;width: 1%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                    </tr>
                    <tr>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 15.0px;width: 75%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> Current income taxes payable </p>
                      </td>
                      <td rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;padding-right: 0.0px;" colspan="2">
                        <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> <b>1,340</b> </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: top;padding-left: 0.0px;width: 1%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;width: 1%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;padding-right: 0.0px;" colspan="2">
                        <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> 4,981 </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: top;padding-left: 0.0px;width: 1%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                    </tr>
                    <tr>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 15.0px;width: 75%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> Deferred income taxes, net </p>
                      </td>
                      <td rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;border-bottom: solid black 1.0pt;padding-right: 0.0px;" colspan="2">
                        <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> <b>7,038</b> </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: top;padding-left: 0.0px;border-bottom: solid black 1.0pt;width: 1%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;border-bottom: solid black 1.0pt;width: 1%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td rowspan="1" style="vertical-align: bottom;border-bottom: solid black 1.0pt;padding-left: 0.0px;padding-right: 0.0px;" colspan="2">
                        <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> 4,184 </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: top;border-bottom: solid black 1.0pt;padding-left: 0.0px;width: 1%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                    </tr>
                    <tr>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 40.0px;width: 75%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> Total liabilities </p>
                      </td>
                      <td rowspan="1" style="vertical-align: bottom;border-bottom: solid black 1.0pt;padding-left: 0.0px;padding-right: 0.0px;" colspan="2">
                        <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> <b>72,531</b> </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: top;border-bottom: solid black 1.0pt;padding-left: 0.0px;width: 1%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;border-bottom: solid black 1.0pt;padding-left: 0.0px;width: 1%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td rowspan="1" style="vertical-align: bottom;border-bottom: solid black 1.0pt;padding-left: 0.0px;padding-right: 0.0px;" colspan="2">
                        <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> 68,629 </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: top;border-bottom: solid black 1.0pt;padding-left: 0.0px;width: 1%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                    </tr>
                    <tr>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;width: 75%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;" colspan="3">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;width: 1%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;" colspan="3">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                    </tr>
                    <tr>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;width: 75%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> Stockholders&#8217; Equity: </p>
                      </td>
                      <td rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;" colspan="3">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;width: 1%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;" colspan="3">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                    </tr>
                    <tr>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 15.0px;width: 75%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> Common stock <b>&#8211;</b> no par value (10,000 authorized shares; 1,889 and 1,887 shares issued and outstanding as of December 31, 2019 and 2018, respectively, excluding in each period
                          292 shares of common stock held by the Company's subsidiary) </p>
                      </td>
                      <td rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;" colspan="2">
                        <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> <b>&#8212;</b> </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: top;padding-left: 0.0px;width: 1%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;width: 1%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;" colspan="2">
                        <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> &#8212; </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: top;padding-left: 0.0px;width: 1%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                    </tr>
                    <tr>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 15.0px;width: 75%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> Retained earnings </p>
                      </td>
                      <td rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;padding-right: 0.0px;" colspan="2">
                        <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> <b>188,262</b> </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: top;padding-left: 0.0px;width: 1%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;width: 1%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;padding-right: 0.0px;" colspan="2">
                        <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> 174,690 </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: top;padding-left: 0.0px;width: 1%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                    </tr>
                    <tr>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 15.0px;width: 75%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> Accumulated other comprehensive income </p>
                      </td>
                      <td rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;border-bottom: solid black 1.0pt;padding-right: 0.0px;" colspan="2">
                        <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> <b>3,100</b> </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: top;padding-left: 0.0px;border-bottom: solid black 1.0pt;width: 1%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;border-bottom: solid black 1.0pt;width: 1%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;border-bottom: solid black 1.0pt;padding-right: 0.0px;" colspan="2">
                        <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> 949 </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: top;padding-left: 0.0px;border-bottom: solid black 1.0pt;width: 1%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                    </tr>
                    <tr>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 40.0px;width: 75%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> Total stockholders&#8217; equity </p>
                      </td>
                      <td rowspan="1" style="vertical-align: bottom;border-bottom: solid black 1.0pt;padding-left: 0.0px;padding-right: 0.0px;" colspan="2">
                        <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> <b>191,362</b> </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: top;border-bottom: solid black 1.0pt;padding-left: 0.0px;width: 1%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;border-bottom: solid black 1.0pt;padding-left: 0.0px;width: 1%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td rowspan="1" style="vertical-align: bottom;border-bottom: solid black 1.0pt;padding-left: 0.0px;padding-right: 0.0px;" colspan="2">
                        <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> 175,639 </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: top;border-bottom: solid black 1.0pt;padding-left: 0.0px;width: 1%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                    </tr>
                    <tr>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 40.0px;width: 75%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> Total Liabilities and Stockholders&#8217; Equity </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;border-bottom: double black 2.25pt;padding-left: 0.0px;padding-right: 0.0px;width: 1%;">
                        <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> <b>$</b> </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;border-bottom: double black 2.25pt;padding-left: 0.0px;padding-right: 0.0px;width: 10%;">
                        <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> <b>263,893</b> </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: top;border-bottom: double black 2.25pt;padding-left: 0.0px;width: 1%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;border-bottom: double black 2.25pt;padding-left: 0.0px;width: 1%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;border-bottom: double black 2.25pt;padding-left: 0.0px;padding-right: 0.0px;width: 1%;">
                        <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> $ </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;border-bottom: double black 2.25pt;padding-left: 0.0px;padding-right: 0.0px;width: 10%;">
                        <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> 244,268 </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: top;border-bottom: double black 2.25pt;padding-left: 0.0px;width: 1%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                    </tr>
                    <tr>
                      <td colspan="1" rowspan="1" style="padding-left: 0.0px;width: 75%;"><br>
                      </td>
                      <td colspan="1" rowspan="1" style="padding-left: 0.0px;width: 1%;"><br>
                      </td>
                      <td colspan="1" rowspan="1" style="padding-left: 0.0px;width: 10%;"><br>
                      </td>
                      <td colspan="1" rowspan="1" style="padding-left: 0.0px;width: 1%;"><br>
                      </td>
                      <td colspan="1" rowspan="1" style="padding-left: 0.0px;width: 1%;"><br>
                      </td>
                      <td colspan="1" rowspan="1" style="padding-left: 0.0px;width: 1%;"><br>
                      </td>
                      <td colspan="1" rowspan="1" style="padding-left: 0.0px;width: 10%;"><br>
                      </td>
                      <td colspan="1" rowspan="1" style="padding-left: 0.0px;width: 1%;">&#160;</td>
                    </tr>

                </table>
                <div> </div>
                <div style="MARGIN-BOTTOM: 10pt; CLEAR: both; MARGIN-TOP: 10pt" id="DSPFPageBreakArea">
                  <div style="PAGE-BREAK-AFTER: always" id="DSPFPageBreak">
                    <hr style="BORDER-LEFT-WIDTH: 0px; HEIGHT: 2px; BORDER-RIGHT-WIDTH: 0px; WIDTH: 100%; BORDER-BOTTOM-WIDTH: 0px; COLOR: #000000; CLEAR: both; MARGIN: 4px 0px; BORDER-TOP-WIDTH: 0px; BACKGROUND-COLOR: #000000"> </div>
                </div>
                <table cellspacing="0" id="z7689632ece5b43f299beec640a0a4115" style="margin-bottom: 10.0px;margin-left: auto; margin-right: auto;width: 100%; font-size: 10pt;">

                    <tr>
                      <td rowspan="1" colspan="17" style="padding-left: 0.0px;">
                        <p style="margin-bottom: 0px; margin-top: 0px;text-align: center; list-style-position:inside;"> <b>Investors Title Company and Subsidiaries</b> </p>
                        <p style="margin-bottom: 0px; margin-top: 0px;text-align: center; list-style-position:inside;"> <b>Net Premiums Written By Branch and Agency</b> </p>
                        <p style="margin-bottom: 0px; margin-top: 0px;text-align: center; list-style-position:inside;"> <b><i>For the Three and Twelve Months Ended December 31, 2019 and 2018</i></b> </p>
                        <p style="margin-bottom: 0px; margin-top: 0px;text-align: center; list-style-position:inside;"> <b><i>(in thousands)</i></b> </p>
                        <p style="margin-bottom: 0px; margin-top: 0px;text-align: center; list-style-position:inside;"> <b><i>(unaudited)</i></b> </p>
                      </td>
                    </tr>
                    <tr>
                      <td colspan="1" rowspan="1" style="padding-left: 0.0px;width: 8%;"><br>
                      </td>
                      <td rowspan="1" colspan="8" style="padding-left: 0.0px;"><br>
                      </td>
                      <td rowspan="1" colspan="8" style="padding-left: 0.0px;">&#160;</td>
                    </tr>
                    <tr>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;width: 8%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;border-bottom: solid black 1.0pt;text-align: center; list-style-position:inside;" colspan="8">
                        <p style="list-style-position: inside; margin-bottom: 0px; margin-top: 0px;"> <b>Three Months Ended December 31,</b> </p>
                      </td>
                      <td rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;border-bottom: solid black 1.0pt;text-align: center; list-style-position:inside;" colspan="8">
                        <p style="list-style-position: inside; margin-bottom: 0px; margin-top: 0px;"> <b>Twelve Months Ended December 31,</b> </p>
                      </td>
                    </tr>
                    <tr>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;width: 8%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td rowspan="1" style="vertical-align: bottom;border-bottom: solid black 1.0pt;padding-left: 0.0px;padding-right: 0.0px;text-align: right; list-style-position:inside;" colspan="3">
                        <p style="margin-bottom: 0px; margin-top: 0px; list-style-position: inside;"> <b>2019</b> </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;border-bottom: solid black 1.0pt;padding-left: 0.0px;width: 8%;text-align: right; list-style-position:inside;">
                        <p style="margin-bottom: 0px; margin-top: 0px; list-style-position: inside;"> <b>%</b> </p>
                      </td>
                      <td rowspan="1" style="vertical-align: bottom;border-bottom: solid black 1.0pt;padding-left: 0.0px;padding-right: 0.0px;text-align: right; list-style-position:inside;" colspan="3">
                        <p style="margin-bottom: 0px; margin-top: 0px; list-style-position: inside;"> 2018 </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;border-bottom: solid black 1.0pt;padding-left: 0.0px;width: 8%;text-align: right; list-style-position:inside;">
                        <p style="margin-bottom: 0px; margin-top: 0px; list-style-position: inside;"> % </p>
                      </td>
                      <td rowspan="1" style="vertical-align: bottom;border-bottom: solid black 1.0pt;padding-left: 0.0px;padding-right: 0.0px;text-align: right; list-style-position:inside;" colspan="3">
                        <p style="margin-bottom: 0px; margin-top: 0px; list-style-position: inside;"> <b>2019</b> </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;border-bottom: solid black 1.0pt;padding-left: 0.0px;width: 8%;text-align: right; list-style-position:inside;">
                        <p style="margin-bottom: 0px; margin-top: 0px; list-style-position: inside;"> <b>%</b> </p>
                      </td>
                      <td rowspan="1" style="vertical-align: bottom;border-bottom: solid black 1.0pt;padding-left: 0.0px;padding-right: 0.0px;text-align: right; list-style-position:inside;" colspan="3">
                        <p style="margin-bottom: 0px; margin-top: 0px; list-style-position: inside;"> 2018 </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;border-bottom: solid black 1.0pt;padding-left: 0.0px;width: 8%;text-align: right; list-style-position:inside;">
                        <p style="margin-bottom: 0px; margin-top: 0px; list-style-position: inside;"> % </p>
                      </td>
                    </tr>
                    <tr>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;width: 8%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> <b>Branch</b> </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;padding-right: 0.0px;width: 2%;">
                        <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> <b>$</b> </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;padding-right: 0.0px;width: 8%;">
                        <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> <b>11,527</b> </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: top;padding-left: 0.0px;width: 3%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;padding-right: 0.0px;width: 8%;">
                        <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> <b>27.5</b> </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;padding-right: 0.0px;width: 3%;">
                        <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> $ </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;padding-right: 0.0px;width: 9%;">
                        <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> 10,047 </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: top;padding-left: 0.0px;width: 3%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;padding-right: 0.0px;width: 8%;">
                        <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> 29.5 </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;padding-right: 0.0px;width: 3%;">
                        <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> <b>$</b> </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;padding-right: 0.0px;width: 10%;">
                        <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> <b>40,638</b> </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: top;padding-left: 0.0px;width: 3%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;padding-right: 0.0px;width: 8%;">
                        <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> <b>27.9</b> </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;padding-right: 0.0px;width: 3%;">
                        <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> $ </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;padding-right: 0.0px;width: 10%;">
                        <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> 41,305 </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: top;padding-left: 0.0px;width: 3%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;padding-right: 0.0px;width: 8%;">
                        <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> 29.9 </p>
                      </td>
                    </tr>
                    <tr>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;width: 8%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;" colspan="3">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;width: 8%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;" colspan="3">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;width: 8%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;" colspan="3">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;width: 8%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;" colspan="3">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;width: 8%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                    </tr>
                    <tr>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;width: 8%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> <b>Agency</b> </p>
                      </td>
                      <td rowspan="1" style="vertical-align: bottom;border-bottom: solid black 1.0pt;padding-left: 0.0px;padding-right: 0.0px;" colspan="2">
                        <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> <b>30,373</b> </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: top;border-bottom: solid black 1.0pt;padding-left: 0.0px;width: 3%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;border-bottom: solid black 1.0pt;padding-left: 0.0px;padding-right: 0.0px;width: 8%;">
                        <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> <b>72.5</b> </p>
                      </td>
                      <td rowspan="1" style="vertical-align: bottom;border-bottom: solid black 1.0pt;padding-left: 0.0px;padding-right: 0.0px;" colspan="2">
                        <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> 23,955 </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: top;border-bottom: solid black 1.0pt;padding-left: 0.0px;width: 3%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;border-bottom: solid black 1.0pt;padding-left: 0.0px;padding-right: 0.0px;width: 8%;">
                        <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> 70.5 </p>
                      </td>
                      <td rowspan="1" style="vertical-align: bottom;border-bottom: solid black 1.0pt;padding-left: 0.0px;padding-right: 0.0px;" colspan="2">
                        <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> <b>105,204</b> </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: top;border-bottom: solid black 1.0pt;padding-left: 0.0px;width: 3%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;border-bottom: solid black 1.0pt;padding-left: 0.0px;padding-right: 0.0px;width: 8%;">
                        <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> <b>72.1</b> </p>
                      </td>
                      <td rowspan="1" style="vertical-align: bottom;border-bottom: solid black 1.0pt;padding-left: 0.0px;padding-right: 0.0px;" colspan="2">
                        <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> 96,820 </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: top;border-bottom: solid black 1.0pt;padding-left: 0.0px;width: 3%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;border-bottom: solid black 1.0pt;padding-left: 0.0px;padding-right: 0.0px;width: 8%;">
                        <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> 70.1 </p>
                      </td>
                    </tr>
                    <tr>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;width: 8%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;" colspan="3">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;width: 8%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;" colspan="3">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;width: 8%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;" colspan="3">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;width: 8%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;" colspan="3">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;width: 8%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                    </tr>
                    <tr>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;width: 8%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> <b>Total</b> </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;border-bottom: double black 2.25pt;padding-left: 0.0px;padding-right: 0.0px;width: 2%;">
                        <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> <b>$</b> </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;border-bottom: double black 2.25pt;padding-left: 0.0px;padding-right: 0.0px;width: 8%;">
                        <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> <b>41,900</b> </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: top;border-bottom: double black 2.25pt;padding-left: 0.0px;width: 3%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;border-bottom: double black 2.25pt;padding-left: 0.0px;padding-right: 0.0px;width: 8%;">
                        <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> <b>100.0</b> </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;border-bottom: double black 2.25pt;padding-left: 0.0px;padding-right: 0.0px;width: 3%;">
                        <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> $ </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;border-bottom: double black 2.25pt;padding-left: 0.0px;padding-right: 0.0px;width: 9%;">
                        <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> 34,002 </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: top;border-bottom: double black 2.25pt;padding-left: 0.0px;width: 3%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;border-bottom: double black 2.25pt;padding-left: 0.0px;padding-right: 0.0px;width: 8%;">
                        <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> 100.0 </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;border-bottom: double black 2.25pt;padding-left: 0.0px;padding-right: 0.0px;width: 3%;">
                        <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> <b>$</b> </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;border-bottom: double black 2.25pt;padding-left: 0.0px;padding-right: 0.0px;width: 10%;">
                        <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> <b>145,842</b> </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: top;border-bottom: double black 2.25pt;padding-left: 0.0px;width: 3%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;border-bottom: double black 2.25pt;padding-left: 0.0px;padding-right: 0.0px;width: 8%;">
                        <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> <b>100.0</b> </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;border-bottom: double black 2.25pt;padding-left: 0.0px;padding-right: 0.0px;width: 3%;">
                        <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> $ </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;border-bottom: double black 2.25pt;padding-left: 0.0px;padding-right: 0.0px;width: 10%;">
                        <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> 138,125 </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: top;border-bottom: double black 2.25pt;padding-left: 0.0px;width: 3%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;border-bottom: double black 2.25pt;padding-left: 0.0px;padding-right: 0.0px;width: 8%;">
                        <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> 100.0 </p>
                      </td>
                    </tr>
                    <tr>
                      <td colspan="1" rowspan="1" style="padding-left: 0.0px;"><br>
                      </td>
                      <td colspan="1" rowspan="1" style="padding-left: 0.0px;"><br>
                      </td>
                      <td colspan="1" rowspan="1" style="padding-left: 0.0px;"><br>
                      </td>
                      <td colspan="1" rowspan="1" style="padding-left: 0.0px;"><br>
                      </td>
                      <td colspan="1" rowspan="1" style="padding-left: 0.0px;"><br>
                      </td>
                      <td colspan="1" rowspan="1" style="padding-left: 0.0px;"><br>
                      </td>
                      <td colspan="1" rowspan="1" style="padding-left: 0.0px;"><br>
                      </td>
                      <td colspan="1" rowspan="1" style="padding-left: 0.0px;"><br>
                      </td>
                      <td colspan="1" rowspan="1" style="padding-left: 0.0px;"><br>
                      </td>
                      <td colspan="1" rowspan="1" style="padding-left: 0.0px;"><br>
                      </td>
                      <td colspan="1" rowspan="1" style="padding-left: 0.0px;"><br>
                      </td>
                      <td colspan="1" rowspan="1" style="padding-left: 0.0px;"><br>
                      </td>
                      <td colspan="1" rowspan="1" style="padding-left: 0.0px;"><br>
                      </td>
                      <td colspan="1" rowspan="1" style="padding-left: 0.0px;"><br>
                      </td>
                      <td colspan="1" rowspan="1" style="padding-left: 0.0px;"><br>
                      </td>
                      <td colspan="1" rowspan="1" style="padding-left: 0.0px;"><br>
                      </td>
                      <td colspan="1" rowspan="1" style="padding-left: 0.0px;">&#160;</td>
                    </tr>

                </table>
                <div> </div>
                <div style="MARGIN-BOTTOM: 10pt; CLEAR: both; MARGIN-TOP: 10pt" id="DSPFPageBreakArea">
                  <div style="PAGE-BREAK-AFTER: always" id="DSPFPageBreak">
                    <hr style="BORDER-LEFT-WIDTH: 0px; HEIGHT: 2px; BORDER-RIGHT-WIDTH: 0px; WIDTH: 100%; BORDER-BOTTOM-WIDTH: 0px; COLOR: #000000; CLEAR: both; MARGIN: 4px 0px; BORDER-TOP-WIDTH: 0px; BACKGROUND-COLOR: #000000"> </div>
                </div>
                <p style="text-align: center; list-style-position:inside;"> <b>Investors Title Company and Subsidiaries <br>
                    Appendix A <br>
                    Non-GAAP Measures Reconciliation <br>
                    <i>For the Three and Twelve Months Ended December 31, 2019 and 2018 <br>
                      (in thousands) <br>
                      (unaudited)</i></b> </p>
                <p> Management uses various financial and operational measurements, including financial information not prepared in accordance with generally accepted accounting principles ("GAAP"), to analyze Company performance. This includes adjusting
                  revenues to remove the impact of changes in the estimated fair value of equity security investments, which are recognized in net income under GAAP. Management believes that these measures are useful to evaluate the Company's internal
                  operational performance from period to period because they eliminate the effects of external market fluctuations. The Company also believes users of the financial results would benefit from having access to such information, and that
                  certain of the Company&#8217;s peers make available similar information. This information should not be used as a substitute for, or considered superior to, measures of financial performance prepared in accordance with GAAP, and may be
                  different from similarly titled non-GAAP financial measures used by other companies. </p>
                <p> The following tables reconcile non-GAAP financial measurements used by Company management to the comparable measurements using GAAP: </p>
                <table cellspacing="0" id="zc91154402429415cace4003672f57a5b" style="margin-bottom: 10.0px;margin-left: auto; margin-right: auto;width: 100%; font-size: 10pt;">

                    <tr>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;width: 40%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;border-bottom: solid black 1.0pt;text-align: center; list-style-position:inside;" colspan="7">
                        <p style="list-style-position: inside; margin-bottom: 0px; margin-top: 0px;"> <b>Three Months Ended <br>
                            December 31,</b> </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;border-bottom: solid black 1.0pt;padding-left: 0.0px;text-align: center; list-style-position:inside;width: 2%;">
                        <p style="margin-bottom: 0px; margin-top: 0px; list-style-position: inside;"> &#160; </p>
                      </td>
                      <td rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;border-bottom: solid black 1.0pt;text-align: center; list-style-position:inside;" colspan="7">
                        <p style="list-style-position: inside; margin-bottom: 0px; margin-top: 0px;"> <b>Twelve Months Ended <br>
                            December 31,</b> </p>
                      </td>
                    </tr>
                    <tr>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;width: 40%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td rowspan="1" style="vertical-align: bottom;border-bottom: solid black 1.0pt;padding-left: 0.0px;padding-right: 0.0px;text-align: center; list-style-position:inside;" colspan="3">
                        <p style="margin-bottom: 0px; margin-top: 0px; list-style-position: inside;"> <b>2019</b> </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;border-bottom: solid black 1.0pt;padding-left: 0.0px;text-align: center; list-style-position:inside;width: 2%;">
                        <p style="margin-bottom: 0px; margin-top: 0px; list-style-position: inside;"> &#160; </p>
                      </td>
                      <td rowspan="1" style="vertical-align: bottom;border-bottom: solid black 1.0pt;padding-left: 0.0px;padding-right: 0.0px;text-align: center; list-style-position:inside;" colspan="3">
                        <p style="margin-bottom: 0px; margin-top: 0px; list-style-position: inside;"> 2018 </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;border-bottom: solid black 1.0pt;padding-left: 0.0px;text-align: center; list-style-position:inside;width: 2%;">
                        <p style="margin-bottom: 0px; margin-top: 0px; list-style-position: inside;"> &#160; </p>
                      </td>
                      <td rowspan="1" style="vertical-align: bottom;border-bottom: solid black 1.0pt;padding-left: 0.0px;padding-right: 0.0px;text-align: center; list-style-position:inside;" colspan="3">
                        <p style="margin-bottom: 0px; margin-top: 0px; list-style-position: inside;"> <b>2019</b> </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;border-bottom: solid black 1.0pt;padding-left: 0.0px;text-align: center; list-style-position:inside;width: 2%;">
                        <p style="margin-bottom: 0px; margin-top: 0px; list-style-position: inside;"> &#160; </p>
                      </td>
                      <td rowspan="1" style="vertical-align: bottom;border-bottom: solid black 1.0pt;padding-left: 0.0px;padding-right: 0.0px;text-align: center; list-style-position:inside;" colspan="3">
                        <p style="margin-bottom: 0px; margin-top: 0px; list-style-position: inside;"> 2018 </p>
                      </td>
                    </tr>
                    <tr>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;width: 40%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;" colspan="3">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;width: 2%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;" colspan="3">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;width: 2%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;" colspan="3">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;width: 2%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;" colspan="3">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                    </tr>
                    <tr>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;width: 40%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> <b>Revenues</b> </p>
                      </td>
                      <td rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;" colspan="3">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;width: 2%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;" colspan="3">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;width: 2%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;" colspan="3">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;width: 2%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;" colspan="3">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                    </tr>
                    <tr>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;width: 40%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> Total revenues (GAAP) </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;padding-right: 0.0px;width: 1%;">
                        <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> <b>$</b> </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;padding-right: 0.0px;width: 10%;">
                        <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> <b>52,884</b> </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: top;padding-left: 0.0px;width: 1%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;width: 2%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;padding-right: 0.0px;width: 2%;">
                        <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> $ </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;padding-right: 0.0px;width: 10%;">
                        <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> 32,286 </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: top;padding-left: 0.0px;width: 2%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;width: 2%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;padding-right: 0.0px;width: 2%;">
                        <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> <b>$</b> </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;padding-right: 0.0px;width: 10%;">
                        <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> <b>183,502</b> </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: top;padding-left: 0.0px;width: 2%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;width: 2%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;padding-right: 0.0px;width: 2%;">
                        <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> $ </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;padding-right: 0.0px;width: 10%;">
                        <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> 156,259 </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: top;padding-left: 0.0px;width: 2%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                    </tr>
                    <tr>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;width: 40%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> Subtract: Changes in the estimated fair value of equity security investments </p>
                      </td>
                      <td rowspan="1" style="vertical-align: bottom;border-bottom: solid black 1.0pt;padding-left: 0.0px;padding-right: 0.0px;" colspan="2">
                        <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> <b>(4,085</b> </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;border-bottom: solid black 1.0pt;padding-left: 0.0px;width: 1%;">
                        <p style="text-align: left;margin-bottom: 0px; margin-top: 0px;"> <b>)</b> </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;border-bottom: solid black 1.0pt;padding-left: 0.0px;width: 2%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td rowspan="1" style="vertical-align: bottom;border-bottom: solid black 1.0pt;padding-left: 0.0px;padding-right: 0.0px;" colspan="2">
                        <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> 6,756 </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: top;border-bottom: solid black 1.0pt;padding-left: 0.0px;width: 2%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;border-bottom: solid black 1.0pt;padding-left: 0.0px;width: 2%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td rowspan="1" style="vertical-align: bottom;border-bottom: solid black 1.0pt;padding-left: 0.0px;padding-right: 0.0px;" colspan="2">
                        <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> <b>(10,303</b> </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;border-bottom: solid black 1.0pt;padding-left: 0.0px;width: 2%;">
                        <p style="text-align: left;margin-bottom: 0px; margin-top: 0px;"> <b>)</b> </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;border-bottom: solid black 1.0pt;padding-left: 0.0px;width: 2%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td rowspan="1" style="vertical-align: bottom;border-bottom: solid black 1.0pt;padding-left: 0.0px;padding-right: 0.0px;" colspan="2">
                        <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> 4,130 </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: top;border-bottom: solid black 1.0pt;padding-left: 0.0px;width: 2%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                    </tr>
                    <tr>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;width: 40%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> Adjusted revenues (non-GAAP) </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;border-bottom: double black 2.25pt;padding-left: 0.0px;padding-right: 0.0px;width: 1%;">
                        <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> <b>$</b> </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;border-bottom: double black 2.25pt;padding-left: 0.0px;padding-right: 0.0px;width: 10%;">
                        <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> <b>48,799</b> </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: top;border-bottom: double black 2.25pt;padding-left: 0.0px;width: 1%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;border-bottom: double black 2.25pt;padding-left: 0.0px;width: 2%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;border-bottom: double black 2.25pt;padding-left: 0.0px;padding-right: 0.0px;width: 2%;">
                        <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> $ </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;border-bottom: double black 2.25pt;padding-left: 0.0px;padding-right: 0.0px;width: 10%;">
                        <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> 39,042 </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: top;border-bottom: double black 2.25pt;padding-left: 0.0px;width: 2%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;border-bottom: double black 2.25pt;padding-left: 0.0px;width: 2%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;border-bottom: double black 2.25pt;padding-left: 0.0px;padding-right: 0.0px;width: 2%;">
                        <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> <b>$</b> </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;border-bottom: double black 2.25pt;padding-left: 0.0px;padding-right: 0.0px;width: 10%;">
                        <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> <b>173,199</b> </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: top;border-bottom: double black 2.25pt;padding-left: 0.0px;width: 2%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;border-bottom: double black 2.25pt;padding-left: 0.0px;width: 2%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;border-bottom: double black 2.25pt;padding-left: 0.0px;padding-right: 0.0px;width: 2%;">
                        <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> $ </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;border-bottom: double black 2.25pt;padding-left: 0.0px;padding-right: 0.0px;width: 10%;">
                        <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> 160,389 </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: top;border-bottom: double black 2.25pt;padding-left: 0.0px;width: 2%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                    </tr>
                    <tr>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;width: 40%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;" colspan="3">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;width: 2%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;" colspan="3">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;width: 2%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;" colspan="3">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;width: 2%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;" colspan="3">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                    </tr>
                    <tr>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;width: 40%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> <b>Income before Income Taxes</b> </p>
                      </td>
                      <td rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;" colspan="3">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;width: 2%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;" colspan="3">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;width: 2%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;" colspan="3">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;width: 2%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;" colspan="3">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                    </tr>
                    <tr>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;width: 40%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> Income before income taxes (GAAP) </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;padding-right: 0.0px;width: 1%;">
                        <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> <b>$</b> </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;padding-right: 0.0px;width: 10%;">
                        <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> <b>14,571</b> </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: top;padding-left: 0.0px;width: 1%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;width: 2%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;padding-right: 0.0px;width: 2%;">
                        <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> $ </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;padding-right: 0.0px;width: 10%;">
                        <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> 470 </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: top;padding-left: 0.0px;width: 2%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;width: 2%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;padding-right: 0.0px;width: 2%;">
                        <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> <b>$</b> </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;padding-right: 0.0px;width: 10%;">
                        <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> <b>39,823</b> </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: top;padding-left: 0.0px;width: 2%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;width: 2%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;padding-right: 0.0px;width: 2%;">
                        <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> $ </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;padding-right: 0.0px;width: 10%;">
                        <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> 27,069 </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: top;padding-left: 0.0px;width: 2%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                    </tr>
                    <tr>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;width: 40%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> Subtract: Changes in the estimated fair value of equity security investments </p>
                      </td>
                      <td rowspan="1" style="vertical-align: bottom;border-bottom: solid black 1.0pt;padding-left: 0.0px;padding-right: 0.0px;" colspan="2">
                        <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> <b>(4,085</b> </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;border-bottom: solid black 1.0pt;padding-left: 0.0px;width: 1%;">
                        <p style="text-align: left;margin-bottom: 0px; margin-top: 0px;"> <b>)</b> </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;border-bottom: solid black 1.0pt;padding-left: 0.0px;width: 2%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td rowspan="1" style="vertical-align: bottom;border-bottom: solid black 1.0pt;padding-left: 0.0px;padding-right: 0.0px;" colspan="2">
                        <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> 6,756 </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: top;border-bottom: solid black 1.0pt;padding-left: 0.0px;width: 2%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;border-bottom: solid black 1.0pt;padding-left: 0.0px;width: 2%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td rowspan="1" style="vertical-align: bottom;border-bottom: solid black 1.0pt;padding-left: 0.0px;padding-right: 0.0px;" colspan="2">
                        <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> <b>(10,303</b> </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;border-bottom: solid black 1.0pt;padding-left: 0.0px;width: 2%;">
                        <p style="text-align: left;margin-bottom: 0px; margin-top: 0px;"> <b>)</b> </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;border-bottom: solid black 1.0pt;padding-left: 0.0px;width: 2%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td rowspan="1" style="vertical-align: bottom;border-bottom: solid black 1.0pt;padding-left: 0.0px;padding-right: 0.0px;" colspan="2">
                        <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> 4,130 </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: top;border-bottom: solid black 1.0pt;padding-left: 0.0px;width: 2%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                    </tr>
                    <tr>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;padding-left: 0.0px;width: 40%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> Adjusted income before income taxes (non-GAAP) </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;border-bottom: double black 2.25pt;padding-left: 0.0px;padding-right: 0.0px;width: 1%;">
                        <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> <b>$</b> </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;border-bottom: double black 2.25pt;padding-left: 0.0px;padding-right: 0.0px;width: 10%;">
                        <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> <b>10,486</b> </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: top;border-bottom: double black 2.25pt;padding-left: 0.0px;width: 1%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;border-bottom: double black 2.25pt;padding-left: 0.0px;width: 2%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;border-bottom: double black 2.25pt;padding-left: 0.0px;padding-right: 0.0px;width: 2%;">
                        <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> $ </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;border-bottom: double black 2.25pt;padding-left: 0.0px;padding-right: 0.0px;width: 10%;">
                        <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> 7,226 </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: top;border-bottom: double black 2.25pt;padding-left: 0.0px;width: 2%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;border-bottom: double black 2.25pt;padding-left: 0.0px;width: 2%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;border-bottom: double black 2.25pt;padding-left: 0.0px;padding-right: 0.0px;width: 2%;">
                        <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> <b>$</b> </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;border-bottom: double black 2.25pt;padding-left: 0.0px;padding-right: 0.0px;width: 10%;">
                        <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> <b>29,520</b> </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: top;border-bottom: double black 2.25pt;padding-left: 0.0px;width: 2%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;border-bottom: double black 2.25pt;padding-left: 0.0px;width: 2%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;border-bottom: double black 2.25pt;padding-left: 0.0px;padding-right: 0.0px;width: 2%;">
                        <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> $ </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: bottom;border-bottom: double black 2.25pt;padding-left: 0.0px;padding-right: 0.0px;width: 10%;">
                        <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> 31,199 </p>
                      </td>
                      <td colspan="1" rowspan="1" style="vertical-align: top;border-bottom: double black 2.25pt;padding-left: 0.0px;width: 2%;">
                        <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                      </td>
                    </tr>

                </table>
                <p> &#160; </p>
              </div>
              <div class="bw-release-contact">
                <h2 style="FONT-SIZE: 14pt;">Contacts</h2>
                <p> Elizabeth B. Lewter <br>
                  (919) 968-2200 </p>
              </div>
            </div>
          </div>
        </div>
      </div>
    </div>
    <font style="font-weight: bold;"> </font></div>
</body>
</html>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
