<SEC-DOCUMENT>0001157523-20-001115.txt : 20200804
<SEC-HEADER>0001157523-20-001115.hdr.sgml : 20200804
<ACCEPTANCE-DATETIME>20200804083217
ACCESSION NUMBER:		0001157523-20-001115
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20200804
ITEM INFORMATION:		Results of Operations and Financial Condition
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20200804
DATE AS OF CHANGE:		20200804

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:		201071041

	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>a52260080.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; background-color: rgb(255, 255, 255); color: rgb(0, 0, 0); font-style: normal; font-variant: normal; text-transform: none;">SECURITIES AND
      EXCHANGE COMMISSION</div>
    <div style="text-align: center;">Washington, D.C. 20549</div>
    <div><br>
    </div>
    <div style="text-align: center; font-family: 'Times New Roman',Times,serif; font-size: 16pt; font-weight: bold; background-color: rgb(255, 255, 255); color: rgb(0, 0, 0); font-style: normal; font-variant: normal; text-transform: none;">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>
    <div>&#160;</div>
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          <td style="width: 36%; vertical-align: bottom; padding-bottom: 2px;">&#160;</td>
          <td style="width: 28%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);">
            <div style="text-align: center; font-weight: bold;">August 4, 2020</div>
          </td>
          <td style="width: 36%; vertical-align: bottom; padding-bottom: 2px;">&#160;</td>
        </tr>
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          <td style="vertical-align: bottom;" colspan="3">
            <div style="text-align: center;">Date of Report (Date of earliest event reported)</div>
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            <div style="text-align: center;">Investors Title Company</div>
          </td>
          <td style="width: 36%; vertical-align: bottom; padding-bottom: 2px;">&#160;</td>
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            <div style="text-align: center;">(Exact name of registrant as specified in its charter)</div>
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          <td style="width: 28%; vertical-align: bottom;">&#160;</td>
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          <td style="width: 28%; vertical-align: bottom;">
            <div style="text-align: center; font-weight: bold;">North Carolina</div>
          </td>
          <td style="width: 8%; vertical-align: bottom;">&#160;</td>
          <td style="width: 28%; vertical-align: bottom;">
            <div style="text-align: center; font-weight: bold;">0-11774</div>
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          <td style="width: 8%; vertical-align: bottom;">&#160;</td>
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            <div style="text-align: center; font-weight: bold;">56-1110199</div>
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            <div style="text-align: center;">(State or Other Jurisdiction of</div>
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          <td style="width: 28%; vertical-align: bottom; border-top: 2px solid rgb(0, 0, 0);">
            <div style="text-align: center;">(Commission</div>
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          <td style="width: 28%; vertical-align: bottom; border-top: 2px solid rgb(0, 0, 0);">
            <div style="text-align: center;">(I.R.S. Employer</div>
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        </tr>
        <tr>
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            <div style="text-align: center;">Incorporation or Organization)</div>
          </td>
          <td style="width: 8%; vertical-align: bottom;">&#160;</td>
          <td style="width: 28%; vertical-align: bottom;">
            <div style="text-align: center;">File Number)</div>
          </td>
          <td style="width: 8%; vertical-align: bottom;">&#160;</td>
          <td style="width: 28%; vertical-align: bottom;">
            <div style="text-align: center;">Identification No.)</div>
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          <td style="width: 28%; vertical-align: bottom;">&#160;</td>
          <td style="width: 8%; vertical-align: bottom;">&#160;</td>
          <td style="width: 28%; vertical-align: bottom;">&#160;</td>
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            <div style="text-align: center; font-weight: bold;">121 North Columbia Street</div>
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          <td style="width: 8%; vertical-align: bottom;">&#160;</td>
          <td style="width: 28%; vertical-align: bottom;">&#160;</td>
          <td style="width: 8%; vertical-align: bottom;">&#160;</td>
          <td style="width: 28%; vertical-align: bottom;">&#160;</td>
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            <div style="font-weight: bold; text-align: center;">&#160;North Carolina</div>
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          <td style="width: 8%; vertical-align: bottom;">&#160;</td>
          <td style="width: 28%; vertical-align: bottom;">&#160;</td>
          <td style="width: 8%; vertical-align: bottom;">&#160;</td>
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            <div style="text-align: center; font-weight: bold;">27514</div>
          </td>
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        <tr>
          <td style="width: 28%; vertical-align: bottom; border-top: 2px solid rgb(0, 0, 0);">
            <div style="text-align: center;">(Address of Principal Executive Offices)</div>
          </td>
          <td style="width: 8%; vertical-align: bottom;">&#160;</td>
          <td style="width: 28%; vertical-align: bottom;">&#160;</td>
          <td style="width: 8%; vertical-align: bottom;">&#160;</td>
          <td style="width: 28%; vertical-align: bottom; border-top: 2px solid rgb(0, 0, 0);">
            <div style="text-align: center;">(Zip Code)</div>
          </td>
        </tr>
        <tr>
          <td style="width: 28%; vertical-align: bottom;">&#160;</td>
          <td style="width: 8%; vertical-align: bottom;">&#160;</td>
          <td style="width: 28%; vertical-align: bottom;">&#160;</td>
          <td style="width: 8%; vertical-align: bottom;">&#160;</td>
          <td style="width: 28%; vertical-align: bottom;">&#160;</td>
        </tr>

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          <td style="width: 36%; vertical-align: bottom; padding-bottom: 2px;">&#160;</td>
          <td style="width: 27.98%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); text-align: center;" rowspan="1">
            <div style="font-weight: bold;">(919) 968-2200</div>
          </td>
          <td style="width: 36%; vertical-align: bottom; padding-bottom: 2px;">&#160;</td>
        </tr>
        <tr>
          <td style="vertical-align: bottom;" colspan="3">
            <div style="text-align: center;">(Registrant's telephone number, including area code)</div>
          </td>
        </tr>

    </table>
    <div>&#160;</div>
    <div><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>Securities registered pursuant to Section 12(b) of the Act:</div>
    <div>&#160;</div>
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        <tr>
          <td style="width: 40.69%; vertical-align: bottom;">
            <div style="text-align: center;">Title of each class</div>
          </td>
          <td style="width: 0.97%; vertical-align: bottom;">&#160;</td>
          <td style="width: 16.67%; vertical-align: bottom;">
            <div style="text-align: center;">Trading Symbol(s)</div>
          </td>
          <td style="width: 0.97%; vertical-align: bottom;">&#160;</td>
          <td style="width: 40.69%; vertical-align: bottom;">
            <div style="text-align: center;">Name of each exchange on which registered</div>
          </td>
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        <tr>
          <td style="width: 40.69%; vertical-align: bottom; border-top: #000000 2px solid;">
            <div style="text-align: center;">Common Stock, no par value</div>
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          <td style="width: 0.97%; vertical-align: bottom;">&#160;</td>
          <td style="width: 16.67%; vertical-align: bottom; border-top: #000000 2px solid;">
            <div style="text-align: center;">ITIC</div>
          </td>
          <td style="width: 0.97%; vertical-align: bottom;">&#160;</td>
          <td style="width: 40.69%; vertical-align: bottom; border-top: #000000 2px solid;">
            <div style="text-align: center;">The NASDAQ Stock Market LLC</div>
          </td>
        </tr>
        <tr>
          <td style="width: 40.69%; vertical-align: bottom;">
            <div style="text-align: center;">Rights to Purchase Series A Junior Participating Preferred Stock</div>
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          <td style="width: 0.97%; vertical-align: bottom;">&#160;</td>
          <td style="width: 16.67%; vertical-align: bottom;">&#160;</td>
          <td style="width: 0.97%; vertical-align: bottom;">&#160;</td>
          <td style="width: 40.69%; vertical-align: top;">
            <div style="text-align: center;">The NASDAQ Stock Market LLC</div>
          </td>
        </tr>

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    <div>&#160;</div>
    <div><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>
    <div><br>
    </div>
    <div>Emerging growth company&#160; &#9744;</div>
    <div><br>
    </div>
    <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>
    <div><br>
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    <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" id="DSPFPageBreakArea">
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    </div>
    <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 August&#160;4, 2020, reporting Investors Title Company's financial results for the fiscal quarter
      ended June&#160;30, 2020.</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>
    </div>
    <div>Exhibit 99.1 - Press Release of Investors Title Company dated August&#160;4, 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>&#160;</div>
    <div>&#160;</div>
    <div>&#160;</div>
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            <div>&#160;</div>
          </td>
          <td style="width: 54.69%; vertical-align: bottom;">&#160;</td>
          <td style="width: 38.71%; vertical-align: bottom;" colspan="2">
            <div>INVESTORS TITLE COMPANY</div>
          </td>
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        <tr>
          <td style="width: 6.6%; vertical-align: bottom;">
            <div>&#160;</div>
          </td>
          <td style="width: 54.69%; vertical-align: bottom;">&#160;</td>
          <td style="width: 4.55%; vertical-align: bottom;">
            <div>&#160;</div>
          </td>
          <td style="width: 34.16%; vertical-align: bottom;">
            <div>&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="width: 6.6%; vertical-align: bottom;">
            <div>&#160;Date:</div>
          </td>
          <td style="width: 54.69%; vertical-align: bottom;">
            <div>August 4, 2020</div>
          </td>
          <td style="width: 4.55%; vertical-align: bottom;">
            <div>By:</div>
          </td>
          <td style="width: 34.16%; vertical-align: bottom;">
            <div>/s/ James A. Fine, Jr.</div>
          </td>
        </tr>
        <tr>
          <td style="width: 6.6%; vertical-align: bottom;">
            <div>&#160;</div>
          </td>
          <td style="width: 54.69%; vertical-align: bottom;">&#160;</td>
          <td style="width: 4.55%; vertical-align: bottom;">
            <div>&#160;</div>
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            <div>James A. Fine, Jr.</div>
          </td>
        </tr>
        <tr>
          <td style="width: 6.6%; vertical-align: bottom;">
            <div>&#160;</div>
          </td>
          <td style="width: 54.69%; vertical-align: bottom;">&#160;</td>
          <td style="width: 4.55%; vertical-align: bottom;">
            <div>&#160;</div>
          </td>
          <td style="width: 34.16%; vertical-align: bottom;">
            <div>President, Principal Financial Officer and</div>
          </td>
        </tr>
        <tr>
          <td style="width: 6.6%; vertical-align: bottom;">
            <div>&#160;</div>
          </td>
          <td style="width: 54.69%; vertical-align: bottom;">&#160;</td>
          <td style="width: 4.55%; vertical-align: bottom;">
            <div>&#160;</div>
          </td>
          <td style="width: 34.16%; vertical-align: bottom;">
            <div>Principal Accounting Officer</div>
          </td>
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    <div>&#160;</div>
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    </div>
    <div>&#160;</div>
    <div style="text-align: center;">EXHIBIT INDEX</div>
    <div><br>
    </div>
    <div>
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          <tr>
            <td style="width: 13%;"><u>Exhibit No.</u></td>
            <td style="width: 87%;"><u>Description</u></td>
          </tr>
          <tr>
            <td style="width: 13%;">
              <div>&#160;</div>
            </td>
            <td style="width: 87%;">
              <div>&#160;</div>
            </td>
          </tr>
          <tr>
            <td style="width: 13%;"><a href="a52260080ex99_1.htm">99.1</a></td>
            <td style="width: 87%;"><a href="a52260080ex99_1.htm">Press release issued by Investors Title Company on August&#160;4, 2020</a></td>
          </tr>

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    <div><font id="TRGRRTFtoHTMLTab" style="text-indent: 0px; font-size: 5.14pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><u><br>
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<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>a52260080ex99_1.htm
<DESCRIPTION>EXHIBIT 99.1
<TEXT>
<html>
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    <title></title>
    <!-- Licensed to: Business Wire
         Document created using EDGARfilings PROfile 7.0.1.0
         Copyright 1995 - 2020 Broadridge -->
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<body bgcolor="#ffffff" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; text-align: left; color: #000000;">
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        <tr>
          <td style="width: 100%; text-align: right;"><font style="font-weight: bold;">Exhibit 99.1</font><br>
          </td>
        </tr>

    </table>
  </div>
  <div><br>
  </div>
  <div>
    <div class="bw-release">
      <div class="bw-release">
        <h1 style="text-align: center; list-style-position:inside;FONT-SIZE: 14pt;font-weight:normal;"> <b>Investors Title Company Announces Record Second Quarter 2020 Financial Results</b> </h1>
        <div class="bw-release-body">
          <div class="bw-release-table-js bw-release-story">
            <p>CHAPEL HILL, N.C.--(BUSINESS WIRE)--August 4, 2020--Investors Title Company today announced record results for the second quarter ended June 30, 2020. The Company reported net income of $14.5 million, or $7.65 per diluted share, compared to
              $5.5 million, or $2.90 per diluted share, for the prior year period. </p>
            <p> Revenues increased 44.5% to an all-time quarterly record of $61.7 million, compared with $42.7 million for the prior year quarter. Net premiums written increased 35.7% versus the prior year period, as a strong rebound in the housing market
              led to record levels of refinance activity as well as an increase in purchase activity. Revenue from non-title services decreased 21.5%, mainly due to reductions associated with like-kind exchange services. Changes in the estimated fair value
              of equity security investments resulted in the recognition of $8.0 million of revenue as stock values rebounded from declines in the prior quarter associated with the COVID-19 pandemic. </p>
            <p> Operating expenses increased 22.4%, as higher premium volumes drove increases in commissions to agents. Notwithstanding premium volume increases, claims expense decreased 16.8% as a result of the recognition of a large claim in the prior
              year quarter. Personnel costs were 4.8% higher than the prior year period due to normal inflationary increases in salaries and benefits and targeted staff increases to support growth initiatives. </p>
            <p> Income before income taxes increased 159.0% to $17.9 million for the current quarter versus $6.9 million in the prior year period. Excluding the impact of changes in the estimated fair value of equity security investments, income before
              income taxes (non-GAAP) increased 72.2% to $10.0 million for the current quarter versus $5.8 million in the prior year period (see Appendix A for a reconciliation of GAAP to non-GAAP measures used in this press release). </p>
            <div> </div>
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            </div>
            <p> For the six months ended June 30, 2020, net income decreased 38.3% to $7.5 million, or $3.95 per diluted share, versus $12.1 million, or $6.40 per diluted share, for the prior year period. Revenues increased 10.8% to $91.6 million, despite
              the recognition of $6.5 million of reductions in the estimated fair value of equity investments, compared to a $5.8 million increase in the prior year period. Operating expenses increased 22.0% to $82.3 million, mainly due to increases in
              agent commissions and claims expense associated with higher levels of premiums written and recognition of favorable loss development in the prior year. </p>
            <p> Investors Title continues to closely monitor the COVID-19 pandemic and the associated impacts on the title insurance industry, and to plan accordingly. The Company remains focused on providing uninterrupted service to our customers and
              business partners, and ensuring the safety and health of our employees. Having been deemed an essential business, all of our issuing offices have been fully operational since the onset of the pandemic. Many of our employees continue working
              remotely. </p>
            <p> COVID-19 continues to highlight and accelerate the importance of technology in our industry. To limit personal interactions, electronic document signing and other tools that enable virtual loan closings are becoming more commonplace. Our
              investments in technology in recent years have greatly enhanced the ability of our agents and business partners to conduct business remotely, and the ability of our employees to work remotely. </p>
            <p> Although several factors contributed to increasing strength in the housing market in the second quarter, there is undoubtedly a high level of risk and uncertainty in the economy. The ultimate impacts of COVID-19 on the overall economy, our
              industry, and our own business remain unknown at this time. Predictions about the impact of the virus on home sales are constantly evolving, but the outlook is generally more positive than it was a quarter ago. We are optimistic that low
              interest rates and generally stable home values will result in a continuation of strong demand for housing for the second half of the year. </p>
            <p> Chairman J. Allen Fine added, &#8220;The housing market demonstrated remarkable resiliency in the second quarter. Supported by further interest rate declines, pent up demand from the first quarter, and initiatives from industry participants to
              enable loan closings during the pandemic, the overall level of purchase activity improved substantially. This increased level of real estate transaction activity, in conjunction with an increase in refinance volume, led to record levels of
              revenues for the Company.&#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>
            <div> </div>
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            </div>
            <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, projections regarding U.S. recovery from the COVID-19 pandemic, future home price fluctuations, changes in home purchase or refinance demand, 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 severity and duration of the COVID-19 pandemic and its effects (and the effects of measures undertaken to combat it) on the economy and the Company&#8217;s business; 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, 2019, as filed with the Securities and Exchange
              Commission, as updated by the additional Risk Factor in the Company&#8217;s Quarterly Report on Form 10-Q for the quarter ended March 31, 2020, and in subsequent filings. </p>
            <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" id="DSPFPageBreakArea">
              <div style="page-break-after: always;" id="DSPFPageBreak">
                <hr noshade="noshade" style="border-width: 0px; clear: both; margin: 4px 0px; width: 100%; height: 2px; color: #000000; background-color: #000000;"></div>
            </div>
            <table cellspacing="0" style="margin-bottom: 10.0px;margin-left: 0px; margin-right: auto;width: 100%; font-size: 10pt;" id="z6b2ba7c193e8401e9ce020361e586b16">

                <tr>
                  <td colspan="17" style="padding-left: 0.0px;text-align: center; list-style-position:inside;" rowspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px; list-style-position: inside;"> <b>Investors Title Company and Subsidiaries</b> </p>
                  </td>
                </tr>
                <tr>
                  <td colspan="17" style="padding-left: 0.0px;text-align: center; list-style-position:inside;" rowspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px; list-style-position: inside;"> <b>Consolidated Statements of Operations</b> </p>
                  </td>
                </tr>
                <tr>
                  <td colspan="17" style="padding-left: 0.0px;text-align: center; list-style-position:inside;" rowspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px; list-style-position: inside;"> <b><i>For the Three and Six Months Ended June 30, 2020 and 2019 </i></b> </p>
                  </td>
                </tr>
                <tr>
                  <td colspan="17" style="padding-left: 0.0px;text-align: center; list-style-position:inside;" rowspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px; list-style-position: inside;"> <b><i>(in thousands, except per share amounts)</i></b> </p>
                  </td>
                </tr>
                <tr>
                  <td colspan="17" style="padding-left: 0.0px;text-align: center; list-style-position:inside;" rowspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px; list-style-position: inside;"> <b><i>(unaudited)</i></b> </p>
                  </td>
                </tr>
                <tr>
                  <td style="padding-left: 0.0px;width: 54%;" rowspan="1" colspan="1"><br>
                  </td>
                  <td style="padding-left: 0.0px;width: 1%;" rowspan="1" colspan="1"><br>
                  </td>
                  <td colspan="7" style="padding-left: 0.0px;" rowspan="1"><br>
                  </td>
                  <td style="padding-left: 0.0px;width: 2%;" rowspan="1" colspan="1"><br>
                  </td>
                  <td colspan="7" style="padding-left: 0.0px;" rowspan="1">&#160;</td>
                </tr>
                <tr>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 54%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 1%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td colspan="7" style="vertical-align: bottom;padding-left: 0.0px;border-bottom: solid black 1.0pt;" rowspan="1">
                    <p style="text-align: center; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> <b>Three Months Ended </b><br>
                      <b>June 30,</b> </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;border-bottom: solid black 1.0pt;width: 2%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td colspan="7" style="vertical-align: bottom;padding-left: 0.0px;border-bottom: solid black 1.0pt;" rowspan="1">
                    <p style="text-align: center; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> <b>Six Months Ended </b><br>
                      <b>June 30,</b> </p>
                  </td>
                </tr>
                <tr>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 54%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 1%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td colspan="3" style="vertical-align: bottom;padding-left: 0.0px;border-bottom: solid black 1.0pt;padding-right: 0.0px;text-align: center; list-style-position:inside;" rowspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px; list-style-position: inside;"> <b>2020</b> </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;border-bottom: solid black 1.0pt;width: 2%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td colspan="3" style="vertical-align: bottom;padding-left: 0.0px;border-bottom: solid black 1.0pt;padding-right: 0.0px;text-align: center; list-style-position:inside;" rowspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px; list-style-position: inside;"> 2019 </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;border-bottom: solid black 1.0pt;width: 2%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td colspan="3" style="vertical-align: bottom;padding-left: 0.0px;border-bottom: solid black 1.0pt;padding-right: 0.0px;text-align: center; list-style-position:inside;" rowspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px; list-style-position: inside;"> <b>2020</b> </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;border-bottom: solid black 1.0pt;width: 2%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td colspan="3" style="vertical-align: bottom;padding-left: 0.0px;border-bottom: solid black 1.0pt;padding-right: 0.0px;text-align: center; list-style-position:inside;" rowspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px; list-style-position: inside;"> 2019 </p>
                  </td>
                </tr>
                <tr>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 54%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> <b>Revenues:</b> </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 1%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td colspan="3" style="vertical-align: bottom;padding-left: 0.0px;" rowspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 2%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td colspan="3" style="vertical-align: bottom;padding-left: 0.0px;" rowspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 2%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td colspan="3" style="vertical-align: bottom;padding-left: 0.0px;" rowspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 2%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td colspan="3" style="vertical-align: bottom;padding-left: 0.0px;" rowspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                </tr>
                <tr>
                  <td style="vertical-align: bottom;width: 54%;padding-left: 10.0px;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> Net premiums written </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 1%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 1%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> <b>$</b> </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;padding-right: 0.0px;width: 6%;" rowspan="1" colspan="1">
                    <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> <b>47,479 </b> </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 1%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 2%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 2%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> $ </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;padding-right: 0.0px;width: 6%;" rowspan="1" colspan="1">
                    <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> 34,978 </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 2%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 2%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 2%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> <b>$</b> </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;padding-right: 0.0px;width: 7%;" rowspan="1" colspan="1">
                    <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> <b>86,106 </b> </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 2%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 2%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 2%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> $ </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;padding-right: 0.0px;width: 6%;" rowspan="1" colspan="1">
                    <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> 63,773 </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 2%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                </tr>
                <tr>
                  <td style="vertical-align: bottom;width: 54%;padding-left: 10.0px;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> Escrow and other title-related fees </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 1%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td colspan="2" style="vertical-align: bottom;padding-left: 0.0px;padding-right: 0.0px;" rowspan="1">
                    <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> <b>2,018 </b> </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 1%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 2%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td colspan="2" style="vertical-align: bottom;padding-left: 0.0px;padding-right: 0.0px;" rowspan="1">
                    <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> 1,901 </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 2%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 2%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td colspan="2" style="vertical-align: bottom;padding-left: 0.0px;padding-right: 0.0px;" rowspan="1">
                    <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> <b>3,860 </b> </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 2%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 2%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td colspan="2" style="vertical-align: bottom;padding-left: 0.0px;padding-right: 0.0px;" rowspan="1">
                    <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> 3,223 </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 2%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                </tr>
                <tr>
                  <td style="vertical-align: bottom;width: 54%;padding-left: 10.0px;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> Non-title services </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 1%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td colspan="2" style="vertical-align: bottom;padding-left: 0.0px;padding-right: 0.0px;" rowspan="1">
                    <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> <b>1,975 </b> </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 1%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 2%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td colspan="2" style="vertical-align: bottom;padding-left: 0.0px;padding-right: 0.0px;" rowspan="1">
                    <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> 2,517 </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 2%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 2%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td colspan="2" style="vertical-align: bottom;padding-left: 0.0px;padding-right: 0.0px;" rowspan="1">
                    <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> <b>4,522 </b> </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 2%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 2%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td colspan="2" style="vertical-align: bottom;padding-left: 0.0px;padding-right: 0.0px;" rowspan="1">
                    <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> 4,905 </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 2%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                </tr>
                <tr>
                  <td style="vertical-align: bottom;width: 54%;padding-left: 10.0px;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> Interest and dividends </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 1%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td colspan="2" style="vertical-align: bottom;padding-left: 0.0px;padding-right: 0.0px;" rowspan="1">
                    <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> <b>1,105 </b> </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 1%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 2%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td colspan="2" style="vertical-align: bottom;padding-left: 0.0px;padding-right: 0.0px;" rowspan="1">
                    <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> 1,193 </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 2%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 2%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td colspan="2" style="vertical-align: bottom;padding-left: 0.0px;padding-right: 0.0px;" rowspan="1">
                    <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> <b>2,282 </b> </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 2%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 2%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td colspan="2" style="vertical-align: bottom;padding-left: 0.0px;padding-right: 0.0px;" rowspan="1">
                    <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> 2,449 </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 2%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                </tr>
                <tr>
                  <td style="vertical-align: bottom;width: 54%;padding-left: 10.0px;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> Other investment income </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 1%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td colspan="2" style="vertical-align: bottom;padding-left: 0.0px;padding-right: 0.0px;" rowspan="1">
                    <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> <b>526 </b> </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 1%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 2%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td colspan="2" style="vertical-align: bottom;padding-left: 0.0px;padding-right: 0.0px;" rowspan="1">
                    <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> 926 </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 2%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 2%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td colspan="2" style="vertical-align: bottom;padding-left: 0.0px;padding-right: 0.0px;" rowspan="1">
                    <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> <b>966 </b> </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 2%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 2%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td colspan="2" style="vertical-align: bottom;padding-left: 0.0px;padding-right: 0.0px;" rowspan="1">
                    <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> 1,336 </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 2%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                </tr>
                <tr>
                  <td style="vertical-align: bottom;width: 54%;padding-left: 10.0px;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> Net realized investment gains (losses) </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 1%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td colspan="2" style="vertical-align: bottom;padding-left: 0.0px;padding-right: 0.0px;" rowspan="1">
                    <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> <b>553 </b> </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 1%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 2%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td colspan="2" style="vertical-align: bottom;padding-left: 0.0px;padding-right: 0.0px;" rowspan="1">
                    <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> (14) </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 2%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 2%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td colspan="2" style="vertical-align: bottom;padding-left: 0.0px;padding-right: 0.0px;" rowspan="1">
                    <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> <b>141 </b> </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 2%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 2%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td colspan="2" style="vertical-align: bottom;padding-left: 0.0px;padding-right: 0.0px;" rowspan="1">
                    <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> 776 </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 2%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                </tr>
                <tr>
                  <td style="vertical-align: bottom;width: 54%;padding-left: 10.0px;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> Changes in the estimated fair value of equity security investments </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 1%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td colspan="2" style="vertical-align: bottom;padding-left: 0.0px;padding-right: 0.0px;" rowspan="1">
                    <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> <b>7,972 </b> </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 1%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 2%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td colspan="2" style="vertical-align: bottom;padding-left: 0.0px;padding-right: 0.0px;" rowspan="1">
                    <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> 1,142 </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 2%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 2%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td colspan="2" style="vertical-align: bottom;padding-left: 0.0px;padding-right: 0.0px;" rowspan="1">
                    <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> <b>(6,486)</b> </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 2%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 2%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td colspan="2" style="vertical-align: bottom;padding-left: 0.0px;padding-right: 0.0px;" rowspan="1">
                    <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> 5,812 </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 2%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                </tr>
                <tr>
                  <td style="vertical-align: bottom;width: 54%;padding-left: 10.0px;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> Other </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 1%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td colspan="2" style="vertical-align: bottom;padding-left: 0.0px;border-bottom: solid black 1.0pt;padding-right: 0.0px;" rowspan="1">
                    <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> <b>120 </b> </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;border-bottom: solid black 1.0pt;width: 1%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;border-bottom: solid black 1.0pt;width: 2%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td colspan="2" style="vertical-align: bottom;padding-left: 0.0px;border-bottom: solid black 1.0pt;padding-right: 0.0px;" rowspan="1">
                    <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> 90 </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;border-bottom: solid black 1.0pt;width: 2%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;border-bottom: solid black 1.0pt;width: 2%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td colspan="2" style="vertical-align: bottom;padding-left: 0.0px;border-bottom: solid black 1.0pt;padding-right: 0.0px;" rowspan="1">
                    <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> <b>258 </b> </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;border-bottom: solid black 1.0pt;width: 2%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;border-bottom: solid black 1.0pt;width: 2%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td colspan="2" style="vertical-align: bottom;padding-left: 0.0px;border-bottom: solid black 1.0pt;padding-right: 0.0px;" rowspan="1">
                    <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> 405 </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;border-bottom: solid black 1.0pt;width: 2%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                </tr>
                <tr>
                  <td style="vertical-align: bottom;width: 54%;padding-left: 20.0px;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> Total Revenues </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 1%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td colspan="2" style="vertical-align: bottom;padding-left: 0.0px;border-bottom: solid black 1.0pt;padding-right: 0.0px;" rowspan="1">
                    <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> <b>61,748 </b> </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;border-bottom: solid black 1.0pt;width: 1%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;border-bottom: solid black 1.0pt;width: 2%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td colspan="2" style="vertical-align: bottom;padding-left: 0.0px;border-bottom: solid black 1.0pt;padding-right: 0.0px;" rowspan="1">
                    <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> 42,733 </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;border-bottom: solid black 1.0pt;width: 2%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;border-bottom: solid black 1.0pt;width: 2%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td colspan="2" style="vertical-align: bottom;padding-left: 0.0px;border-bottom: solid black 1.0pt;padding-right: 0.0px;" rowspan="1">
                    <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> <b>91,649 </b> </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;border-bottom: solid black 1.0pt;width: 2%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;border-bottom: solid black 1.0pt;width: 2%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td colspan="2" style="vertical-align: bottom;padding-left: 0.0px;border-bottom: solid black 1.0pt;padding-right: 0.0px;" rowspan="1">
                    <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> 82,679 </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;border-bottom: solid black 1.0pt;width: 2%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                </tr>
                <tr>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 54%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 1%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td colspan="3" style="vertical-align: bottom;padding-left: 0.0px;" rowspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 2%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td colspan="3" style="vertical-align: bottom;padding-left: 0.0px;" rowspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 2%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td colspan="3" style="vertical-align: bottom;padding-left: 0.0px;" rowspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 2%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td colspan="3" style="vertical-align: bottom;padding-left: 0.0px;" rowspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                </tr>
                <tr>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 54%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> <b>Operating Expenses:</b> </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 1%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td colspan="3" style="vertical-align: bottom;padding-left: 0.0px;" rowspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 2%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td colspan="3" style="vertical-align: bottom;padding-left: 0.0px;" rowspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 2%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td colspan="3" style="vertical-align: bottom;padding-left: 0.0px;" rowspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 2%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td colspan="3" style="vertical-align: bottom;padding-left: 0.0px;" rowspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                </tr>
                <tr>
                  <td style="vertical-align: bottom;width: 54%;padding-left: 10.0px;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> Commissions to agents </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 1%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td colspan="2" style="vertical-align: bottom;padding-left: 0.0px;padding-right: 0.0px;" rowspan="1">
                    <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> <b>24,089 </b> </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 1%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 2%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td colspan="2" style="vertical-align: bottom;padding-left: 0.0px;padding-right: 0.0px;" rowspan="1">
                    <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> 16,275 </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 2%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 2%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td colspan="2" style="vertical-align: bottom;padding-left: 0.0px;padding-right: 0.0px;" rowspan="1">
                    <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> <b>44,276 </b> </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 2%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 2%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td colspan="2" style="vertical-align: bottom;padding-left: 0.0px;padding-right: 0.0px;" rowspan="1">
                    <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> 31,333 </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 2%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                </tr>
                <tr>
                  <td style="vertical-align: bottom;width: 54%;padding-left: 10.0px;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> Provision for claims </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 1%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td colspan="2" style="vertical-align: bottom;padding-left: 0.0px;padding-right: 0.0px;" rowspan="1">
                    <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> <b>1,994 </b> </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 1%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 2%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td colspan="2" style="vertical-align: bottom;padding-left: 0.0px;padding-right: 0.0px;" rowspan="1">
                    <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> 2,397 </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 2%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 2%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td colspan="2" style="vertical-align: bottom;padding-left: 0.0px;padding-right: 0.0px;" rowspan="1">
                    <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> <b>2,900 </b> </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 2%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 2%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td colspan="2" style="vertical-align: bottom;padding-left: 0.0px;padding-right: 0.0px;" rowspan="1">
                    <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> 2,623 </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 2%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                </tr>
                <tr>
                  <td style="vertical-align: bottom;width: 54%;padding-left: 10.0px;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> Personnel expenses </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 1%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td colspan="2" style="vertical-align: bottom;padding-left: 0.0px;padding-right: 0.0px;" rowspan="1">
                    <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> <b>12,248 </b> </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 1%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 2%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td colspan="2" style="vertical-align: bottom;padding-left: 0.0px;padding-right: 0.0px;" rowspan="1">
                    <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> 11,683 </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 2%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 2%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td colspan="2" style="vertical-align: bottom;padding-left: 0.0px;padding-right: 0.0px;" rowspan="1">
                    <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> <b>24,057 </b> </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 2%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 2%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td colspan="2" style="vertical-align: bottom;padding-left: 0.0px;padding-right: 0.0px;" rowspan="1">
                    <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> 23,295 </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 2%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                </tr>
                <tr>
                  <td style="vertical-align: bottom;width: 54%;padding-left: 10.0px;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> Office and technology expenses </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 1%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td colspan="2" style="vertical-align: bottom;padding-left: 0.0px;padding-right: 0.0px;" rowspan="1">
                    <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> <b>2,457 </b> </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 1%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 2%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td colspan="2" style="vertical-align: bottom;padding-left: 0.0px;padding-right: 0.0px;" rowspan="1">
                    <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> 2,230 </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 2%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 2%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td colspan="2" style="vertical-align: bottom;padding-left: 0.0px;padding-right: 0.0px;" rowspan="1">
                    <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> <b>4,872 </b> </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 2%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 2%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td colspan="2" style="vertical-align: bottom;padding-left: 0.0px;padding-right: 0.0px;" rowspan="1">
                    <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> 4,453 </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 2%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                </tr>
                <tr>
                  <td style="vertical-align: bottom;width: 54%;padding-left: 10.0px;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> Other expenses </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 1%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td colspan="2" style="vertical-align: bottom;padding-left: 0.0px;border-bottom: solid black 1.0pt;padding-right: 0.0px;" rowspan="1">
                    <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> <b>3,038 </b> </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;border-bottom: solid black 1.0pt;width: 1%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;border-bottom: solid black 1.0pt;width: 2%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td colspan="2" style="vertical-align: bottom;padding-left: 0.0px;border-bottom: solid black 1.0pt;padding-right: 0.0px;" rowspan="1">
                    <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> 3,228 </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;border-bottom: solid black 1.0pt;width: 2%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;border-bottom: solid black 1.0pt;width: 2%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td colspan="2" style="vertical-align: bottom;padding-left: 0.0px;border-bottom: solid black 1.0pt;padding-right: 0.0px;" rowspan="1">
                    <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> <b>6,151 </b> </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;border-bottom: solid black 1.0pt;width: 2%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;border-bottom: solid black 1.0pt;width: 2%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td colspan="2" style="vertical-align: bottom;padding-left: 0.0px;border-bottom: solid black 1.0pt;padding-right: 0.0px;" rowspan="1">
                    <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> 5,742 </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;border-bottom: solid black 1.0pt;width: 2%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                </tr>
                <tr>
                  <td style="vertical-align: bottom;width: 54%;padding-left: 20.0px;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> Total Operating Expenses </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 1%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td colspan="2" style="vertical-align: bottom;padding-left: 0.0px;border-bottom: solid black 1.0pt;padding-right: 0.0px;" rowspan="1">
                    <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> <b>43,826 </b> </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;border-bottom: solid black 1.0pt;width: 1%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;border-bottom: solid black 1.0pt;width: 2%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td colspan="2" style="vertical-align: bottom;padding-left: 0.0px;border-bottom: solid black 1.0pt;padding-right: 0.0px;" rowspan="1">
                    <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> 35,813 </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;border-bottom: solid black 1.0pt;width: 2%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;border-bottom: solid black 1.0pt;width: 2%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td colspan="2" style="vertical-align: bottom;padding-left: 0.0px;border-bottom: solid black 1.0pt;padding-right: 0.0px;" rowspan="1">
                    <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> <b>82,256 </b> </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;border-bottom: solid black 1.0pt;width: 2%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;border-bottom: solid black 1.0pt;width: 2%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td colspan="2" style="vertical-align: bottom;padding-left: 0.0px;border-bottom: solid black 1.0pt;padding-right: 0.0px;" rowspan="1">
                    <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> 67,446 </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;border-bottom: solid black 1.0pt;width: 2%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                </tr>
                <tr>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 54%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 1%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td colspan="3" style="vertical-align: bottom;padding-left: 0.0px;" rowspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 2%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td colspan="3" style="vertical-align: bottom;padding-left: 0.0px;" rowspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 2%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td colspan="3" style="vertical-align: bottom;padding-left: 0.0px;" rowspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 2%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td colspan="3" style="vertical-align: bottom;padding-left: 0.0px;" rowspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                </tr>
                <tr>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 54%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> <b>Income before Income Taxes</b> </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 1%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td colspan="2" style="vertical-align: bottom;padding-left: 0.0px;padding-right: 0.0px;" rowspan="1">
                    <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> <b>17,922 </b> </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 1%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 2%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td colspan="2" style="vertical-align: bottom;padding-left: 0.0px;padding-right: 0.0px;" rowspan="1">
                    <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> 6,920 </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 2%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 2%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td colspan="2" style="vertical-align: bottom;padding-left: 0.0px;padding-right: 0.0px;" rowspan="1">
                    <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> <b>9,393 </b> </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 2%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 2%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td colspan="2" style="vertical-align: bottom;padding-left: 0.0px;padding-right: 0.0px;" rowspan="1">
                    <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> 15,233 </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 2%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                </tr>
                <tr>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 54%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 1%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td colspan="3" style="vertical-align: bottom;padding-left: 0.0px;" rowspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 2%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td colspan="3" style="vertical-align: bottom;padding-left: 0.0px;" rowspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 2%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td colspan="3" style="vertical-align: bottom;padding-left: 0.0px;" rowspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 2%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td colspan="3" style="vertical-align: bottom;padding-left: 0.0px;" rowspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                </tr>
                <tr>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 54%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> <b>Provision for Income Taxes</b> </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 1%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td colspan="2" style="vertical-align: bottom;padding-left: 0.0px;border-bottom: solid black 1.0pt;padding-right: 0.0px;" rowspan="1">
                    <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> <b>3,427 </b> </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;border-bottom: solid black 1.0pt;width: 1%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;border-bottom: solid black 1.0pt;width: 2%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td colspan="2" style="vertical-align: bottom;padding-left: 0.0px;border-bottom: solid black 1.0pt;padding-right: 0.0px;" rowspan="1">
                    <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> 1,420 </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;border-bottom: solid black 1.0pt;width: 2%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;border-bottom: solid black 1.0pt;width: 2%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td colspan="2" style="vertical-align: bottom;padding-left: 0.0px;border-bottom: solid black 1.0pt;padding-right: 0.0px;" rowspan="1">
                    <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> <b>1,909 </b> </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;border-bottom: solid black 1.0pt;width: 2%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;border-bottom: solid black 1.0pt;width: 2%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td colspan="2" style="vertical-align: bottom;padding-left: 0.0px;border-bottom: solid black 1.0pt;padding-right: 0.0px;" rowspan="1">
                    <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> 3,107 </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;border-bottom: solid black 1.0pt;width: 2%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                </tr>
                <tr>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 54%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 1%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td colspan="3" style="vertical-align: bottom;padding-left: 0.0px;" rowspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 2%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td colspan="3" style="vertical-align: bottom;padding-left: 0.0px;" rowspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 2%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td colspan="3" style="vertical-align: bottom;padding-left: 0.0px;" rowspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 2%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td colspan="3" style="vertical-align: bottom;padding-left: 0.0px;" rowspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                </tr>
                <tr>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 54%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> <b>Net Income </b> </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 1%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;border-bottom: double black 2.25pt;width: 1%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> <b>$</b> </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;border-bottom: double black 2.25pt;padding-right: 0.0px;width: 6%;" rowspan="1" colspan="1">
                    <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> <b>14,495 </b> </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;border-bottom: double black 2.25pt;width: 1%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;border-bottom: double black 2.25pt;width: 2%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;border-bottom: double black 2.25pt;width: 2%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> $ </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;border-bottom: double black 2.25pt;padding-right: 0.0px;width: 6%;" rowspan="1" colspan="1">
                    <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> 5,500 </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;border-bottom: double black 2.25pt;width: 2%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;border-bottom: double black 2.25pt;width: 2%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;border-bottom: double black 2.25pt;width: 2%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> <b>$</b> </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;border-bottom: double black 2.25pt;padding-right: 0.0px;width: 7%;" rowspan="1" colspan="1">
                    <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> <b>7,484 </b> </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;border-bottom: double black 2.25pt;width: 2%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;border-bottom: double black 2.25pt;width: 2%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;border-bottom: double black 2.25pt;width: 2%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> $ </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;border-bottom: double black 2.25pt;padding-right: 0.0px;width: 6%;" rowspan="1" colspan="1">
                    <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> 12,126 </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;border-bottom: double black 2.25pt;width: 2%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                </tr>
                <tr>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 54%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 1%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td colspan="3" style="vertical-align: bottom;padding-left: 0.0px;" rowspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 2%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td colspan="3" style="vertical-align: bottom;padding-left: 0.0px;" rowspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 2%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td colspan="3" style="vertical-align: bottom;padding-left: 0.0px;" rowspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 2%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td colspan="3" style="vertical-align: bottom;padding-left: 0.0px;" rowspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                </tr>
                <tr>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 54%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> <b>Basic Earnings per Common Share</b> </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 1%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;border-bottom: double black 2.25pt;width: 1%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> <b>$</b> </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;border-bottom: double black 2.25pt;padding-right: 0.0px;width: 6%;" rowspan="1" colspan="1">
                    <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> <b>7.66 </b> </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;border-bottom: double black 2.25pt;width: 1%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;border-bottom: double black 2.25pt;width: 2%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;border-bottom: double black 2.25pt;width: 2%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> $ </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;border-bottom: double black 2.25pt;padding-right: 0.0px;width: 6%;" rowspan="1" colspan="1">
                    <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> 2.91 </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;border-bottom: double black 2.25pt;width: 2%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;border-bottom: double black 2.25pt;width: 2%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;border-bottom: double black 2.25pt;width: 2%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> <b>$</b> </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;border-bottom: double black 2.25pt;padding-right: 0.0px;width: 7%;" rowspan="1" colspan="1">
                    <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> <b>3.96 </b> </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;border-bottom: double black 2.25pt;width: 2%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;border-bottom: double black 2.25pt;width: 2%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;border-bottom: double black 2.25pt;width: 2%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> $ </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;border-bottom: double black 2.25pt;padding-right: 0.0px;width: 6%;" rowspan="1" colspan="1">
                    <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> 6.42 </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;border-bottom: double black 2.25pt;width: 2%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                </tr>
                <tr>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 54%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 1%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td colspan="3" style="vertical-align: bottom;padding-left: 0.0px;" rowspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 2%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td colspan="3" style="vertical-align: bottom;padding-left: 0.0px;" rowspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 2%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td colspan="3" style="vertical-align: bottom;padding-left: 0.0px;" rowspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 2%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td colspan="3" style="vertical-align: bottom;padding-left: 0.0px;" rowspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                </tr>
                <tr>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 54%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> <b>Weighted Average Shares Outstanding &#8211; Basic</b> </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 1%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td colspan="2" style="vertical-align: bottom;padding-left: 0.0px;border-bottom: double black 2.25pt;padding-right: 0.0px;" rowspan="1">
                    <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> <b>1,892 </b> </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;border-bottom: double black 2.25pt;width: 1%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;border-bottom: double black 2.25pt;width: 2%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td colspan="2" style="vertical-align: bottom;padding-left: 0.0px;border-bottom: double black 2.25pt;padding-right: 0.0px;" rowspan="1">
                    <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> 1,889 </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;border-bottom: double black 2.25pt;width: 2%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;border-bottom: double black 2.25pt;width: 2%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td colspan="2" style="vertical-align: bottom;padding-left: 0.0px;border-bottom: double black 2.25pt;padding-right: 0.0px;" rowspan="1">
                    <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> <b>1,891 </b> </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;border-bottom: double black 2.25pt;width: 2%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;border-bottom: double black 2.25pt;width: 2%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td colspan="2" style="vertical-align: bottom;padding-left: 0.0px;border-bottom: double black 2.25pt;padding-right: 0.0px;" rowspan="1">
                    <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> 1,888 </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;border-bottom: double black 2.25pt;width: 2%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                </tr>
                <tr>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 54%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 1%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td colspan="3" style="vertical-align: bottom;padding-left: 0.0px;" rowspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 2%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td colspan="3" style="vertical-align: bottom;padding-left: 0.0px;" rowspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 2%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td colspan="3" style="vertical-align: bottom;padding-left: 0.0px;" rowspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 2%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td colspan="3" style="vertical-align: bottom;padding-left: 0.0px;" rowspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                </tr>
                <tr>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 54%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> <b>Diluted Earnings per Common Share</b> </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 1%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;border-bottom: double black 2.25pt;width: 1%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> <b>$</b> </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;border-bottom: double black 2.25pt;padding-right: 0.0px;width: 6%;" rowspan="1" colspan="1">
                    <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> <b>7.65 </b> </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;border-bottom: double black 2.25pt;width: 1%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;border-bottom: double black 2.25pt;width: 2%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;border-bottom: double black 2.25pt;width: 2%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> $ </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;border-bottom: double black 2.25pt;padding-right: 0.0px;width: 6%;" rowspan="1" colspan="1">
                    <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> 2.90 </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;border-bottom: double black 2.25pt;width: 2%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;border-bottom: double black 2.25pt;width: 2%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;border-bottom: double black 2.25pt;width: 2%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> <b>$</b> </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;border-bottom: double black 2.25pt;padding-right: 0.0px;width: 7%;" rowspan="1" colspan="1">
                    <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> <b>3.95 </b> </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;border-bottom: double black 2.25pt;width: 2%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;border-bottom: double black 2.25pt;width: 2%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;border-bottom: double black 2.25pt;width: 2%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> $ </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;border-bottom: double black 2.25pt;padding-right: 0.0px;width: 6%;" rowspan="1" colspan="1">
                    <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> 6.40 </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;border-bottom: double black 2.25pt;width: 2%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                </tr>
                <tr>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 54%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 1%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td colspan="3" style="vertical-align: bottom;padding-left: 0.0px;" rowspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 2%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td colspan="3" style="vertical-align: bottom;padding-left: 0.0px;" rowspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 2%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td colspan="3" style="vertical-align: bottom;padding-left: 0.0px;" rowspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 2%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td colspan="3" style="vertical-align: bottom;padding-left: 0.0px;" rowspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                </tr>
                <tr>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 54%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> <b>Weighted Average Shares Outstanding &#8211; Diluted</b> </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 1%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td colspan="2" style="vertical-align: bottom;border-bottom: double black 2.25pt;padding-left: 0.0px;padding-right: 0.0px;" rowspan="1">
                    <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> <b>1,895 </b> </p>
                  </td>
                  <td style="vertical-align: bottom;border-bottom: double black 2.25pt;padding-left: 0.0px;width: 1%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td style="vertical-align: bottom;border-bottom: double black 2.25pt;padding-left: 0.0px;width: 2%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td colspan="2" style="vertical-align: bottom;border-bottom: double black 2.25pt;padding-left: 0.0px;padding-right: 0.0px;" rowspan="1">
                    <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> 1,896 </p>
                  </td>
                  <td style="vertical-align: bottom;border-bottom: double black 2.25pt;padding-left: 0.0px;width: 2%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td style="vertical-align: bottom;border-bottom: double black 2.25pt;padding-left: 0.0px;width: 2%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td colspan="2" style="vertical-align: bottom;border-bottom: double black 2.25pt;padding-left: 0.0px;padding-right: 0.0px;" rowspan="1">
                    <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> <b>1,895 </b> </p>
                  </td>
                  <td style="vertical-align: bottom;border-bottom: double black 2.25pt;padding-left: 0.0px;width: 2%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td style="vertical-align: bottom;border-bottom: double black 2.25pt;padding-left: 0.0px;width: 2%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td colspan="2" style="vertical-align: bottom;border-bottom: double black 2.25pt;padding-left: 0.0px;padding-right: 0.0px;" rowspan="1">
                    <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> 1,896 </p>
                  </td>
                  <td style="vertical-align: bottom;border-bottom: double black 2.25pt;padding-left: 0.0px;width: 2%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                </tr>

            </table>
            <div> </div>
            <div id="DSPFPageBreakArea" style="MARGIN-BOTTOM: 10pt; CLEAR: both; MARGIN-TOP: 10pt">
              <div id="DSPFPageBreak" style="PAGE-BREAK-AFTER: always">
                <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" style="margin-bottom: 10.0px;margin-left: 0px; margin-right: auto;width: 100%; font-size: 10pt;" id="zec2c0944f9b9404dbcf6dd4d3b94ba78">

                <tr>
                  <td colspan="8" style="padding-left: 0.0px;text-align: center; list-style-position:inside;" rowspan="1"><b>Investors Title Company and Subsidiaries</b></td>
                </tr>
                <tr>
                  <td colspan="8" style="padding-left: 0.0px;text-align: center; list-style-position:inside;" rowspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px; list-style-position: inside;"> <b>Consolidated Balance Sheets</b> </p>
                  </td>
                </tr>
                <tr>
                  <td colspan="8" style="padding-left: 0.0px;text-align: center; list-style-position:inside;" rowspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px; list-style-position: inside;"> <b><i>As of June 30, 2020 and December 31, 2019</i></b> </p>
                  </td>
                </tr>
                <tr>
                  <td colspan="8" style="padding-left: 0.0px;text-align: center; list-style-position:inside;" rowspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px; list-style-position: inside;"> <b><i>(in thousands)</i></b> </p>
                  </td>
                </tr>
                <tr>
                  <td colspan="8" style="padding-left: 0.0px;text-align: center; list-style-position:inside;" rowspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px; list-style-position: inside;"> <b><i>(unaudited)</i></b> </p>
                  </td>
                </tr>
                <tr>
                  <td style="padding-left: 0.0px;width: 75%;" rowspan="1" colspan="1"><br>
                  </td>
                  <td colspan="3" style="padding-left: 0.0px;" rowspan="1"><br>
                  </td>
                  <td style="padding-left: 0.0px;width: 1%;" rowspan="1" colspan="1"><br>
                  </td>
                  <td colspan="3" style="padding-left: 0.0px;" rowspan="1">&#160;</td>
                </tr>
                <tr>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 75%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td colspan="3" style="vertical-align: bottom;padding-left: 0.0px;border-bottom: solid black 1.0pt;" rowspan="1">
                    <p style="text-align: center; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> <b>June 30, </b><br>
                      <b>2020</b> </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;border-bottom: solid black 1.0pt;width: 1%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td colspan="3" style="vertical-align: bottom;padding-left: 0.0px;border-bottom: solid black 1.0pt;" rowspan="1">
                    <p style="text-align: center; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> December 31, <br>
                      2019 </p>
                  </td>
                </tr>
                <tr>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 75%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> <b>Assets</b> </p>
                  </td>
                  <td colspan="3" style="vertical-align: bottom;padding-left: 0.0px;" rowspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 1%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td colspan="3" style="vertical-align: bottom;padding-left: 0.0px;" rowspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                </tr>
                <tr>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 75%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td colspan="3" style="vertical-align: bottom;padding-left: 0.0px;" rowspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 1%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td colspan="3" style="vertical-align: bottom;padding-left: 0.0px;" rowspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                </tr>
                <tr>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 75%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> Cash and cash equivalents </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 1%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> <b>$</b> </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;padding-right: 0.0px;width: 10%;" rowspan="1" colspan="1">
                    <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> <b>29,709 </b> </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 1%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 1%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 1%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> $ </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;padding-right: 0.0px;width: 10%;" rowspan="1" colspan="1">
                    <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> 25,949 </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 1%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                </tr>
                <tr>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 75%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td colspan="3" style="vertical-align: bottom;padding-left: 0.0px;" rowspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 1%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td colspan="3" style="vertical-align: bottom;padding-left: 0.0px;" rowspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                </tr>
                <tr>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 75%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> Investments: </p>
                  </td>
                  <td colspan="3" style="vertical-align: bottom;padding-left: 0.0px;" rowspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 1%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td colspan="3" style="vertical-align: bottom;padding-left: 0.0px;" rowspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                </tr>
                <tr>
                  <td style="vertical-align: bottom;padding-left: 10.0px;width: 75%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> Fixed maturity securities, available-for-sale, at fair value </p>
                  </td>
                  <td colspan="2" style="vertical-align: bottom;padding-left: 0.0px;padding-right: 0.0px;" rowspan="1">
                    <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> <b>102,115 </b> </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 1%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 1%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td colspan="2" style="vertical-align: bottom;padding-left: 0.0px;padding-right: 0.0px;" rowspan="1">
                    <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> 104,638 </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 1%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                </tr>
                <tr>
                  <td style="vertical-align: bottom;padding-left: 10.0px;width: 75%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> Equity securities, at fair value </p>
                  </td>
                  <td colspan="2" style="vertical-align: bottom;padding-left: 0.0px;padding-right: 0.0px;" rowspan="1">
                    <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> <b>55,830 </b> </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 1%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 1%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td colspan="2" style="vertical-align: bottom;padding-left: 0.0px;padding-right: 0.0px;" rowspan="1">
                    <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> 61,108 </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 1%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                </tr>
                <tr>
                  <td style="vertical-align: bottom;padding-left: 10.0px;width: 75%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> Short-term investments </p>
                  </td>
                  <td colspan="2" style="vertical-align: bottom;padding-left: 0.0px;padding-right: 0.0px;" rowspan="1">
                    <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> <b>24,723 </b> </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 1%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 1%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td colspan="2" style="vertical-align: bottom;padding-left: 0.0px;padding-right: 0.0px;" rowspan="1">
                    <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> 13,134 </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 1%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                </tr>
                <tr>
                  <td style="vertical-align: bottom;padding-left: 10.0px;width: 75%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> Other investments </p>
                  </td>
                  <td colspan="2" style="vertical-align: bottom;padding-left: 0.0px;border-bottom: solid black 1.0pt;padding-right: 0.0px;" rowspan="1">
                    <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> <b>14,880 </b> </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;border-bottom: solid black 1.0pt;width: 1%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;border-bottom: solid black 1.0pt;width: 1%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td colspan="2" style="vertical-align: bottom;padding-left: 0.0px;border-bottom: solid black 1.0pt;padding-right: 0.0px;" rowspan="1">
                    <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> 13,982 </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;border-bottom: solid black 1.0pt;width: 1%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                </tr>
                <tr>
                  <td style="vertical-align: bottom;padding-left: 20.0px;width: 75%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> Total investments </p>
                  </td>
                  <td colspan="2" style="vertical-align: bottom;padding-left: 0.0px;border-bottom: solid black 1.0pt;padding-right: 0.0px;" rowspan="1">
                    <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> <b>197,548 </b> </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;border-bottom: solid black 1.0pt;width: 1%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;border-bottom: solid black 1.0pt;width: 1%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td colspan="2" style="vertical-align: bottom;padding-left: 0.0px;border-bottom: solid black 1.0pt;padding-right: 0.0px;" rowspan="1">
                    <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> 192,862 </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;border-bottom: solid black 1.0pt;width: 1%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                </tr>
                <tr>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 75%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td colspan="3" style="vertical-align: bottom;padding-left: 0.0px;" rowspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 1%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td colspan="3" style="vertical-align: bottom;padding-left: 0.0px;" rowspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                </tr>
                <tr>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 75%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> Premiums and fees receivable </p>
                  </td>
                  <td colspan="2" style="vertical-align: bottom;padding-left: 0.0px;padding-right: 0.0px;" rowspan="1">
                    <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> <b>15,258 </b> </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 1%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 1%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td colspan="2" style="vertical-align: bottom;padding-left: 0.0px;padding-right: 0.0px;" rowspan="1">
                    <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> 12,523 </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 1%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                </tr>
                <tr>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 75%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> Accrued interest and dividends </p>
                  </td>
                  <td colspan="2" style="vertical-align: bottom;padding-left: 0.0px;padding-right: 0.0px;" rowspan="1">
                    <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> <b>1,005 </b> </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 1%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 1%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td colspan="2" style="vertical-align: bottom;padding-left: 0.0px;padding-right: 0.0px;" rowspan="1">
                    <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> 1,033 </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 1%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                </tr>
                <tr>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 75%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> Prepaid expenses and other receivables </p>
                  </td>
                  <td colspan="2" style="vertical-align: bottom;padding-left: 0.0px;padding-right: 0.0px;" rowspan="1">
                    <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> <b>10,486 </b> </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 1%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 1%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td colspan="2" style="vertical-align: bottom;padding-left: 0.0px;padding-right: 0.0px;" rowspan="1">
                    <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> 5,519 </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 1%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                </tr>
                <tr>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 75%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> Property, net </p>
                  </td>
                  <td colspan="2" style="vertical-align: bottom;padding-left: 0.0px;padding-right: 0.0px;" rowspan="1">
                    <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> <b>10,263 </b> </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 1%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 1%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td colspan="2" style="vertical-align: bottom;padding-left: 0.0px;padding-right: 0.0px;" rowspan="1">
                    <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> 9,776 </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 1%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                </tr>
                <tr>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 75%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> Goodwill and other intangible assets, net </p>
                  </td>
                  <td colspan="2" style="vertical-align: bottom;padding-left: 0.0px;padding-right: 0.0px;" rowspan="1">
                    <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> <b>10,023 </b> </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 1%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 1%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td colspan="2" style="vertical-align: bottom;padding-left: 0.0px;padding-right: 0.0px;" rowspan="1">
                    <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> 10,275 </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 1%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                </tr>
                <tr>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 75%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> Operating lease right-of-use assets </p>
                  </td>
                  <td colspan="2" style="vertical-align: bottom;padding-left: 0.0px;padding-right: 0.0px;" rowspan="1">
                    <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> <b>4,055 </b> </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 1%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 1%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td colspan="2" style="vertical-align: bottom;padding-left: 0.0px;padding-right: 0.0px;" rowspan="1">
                    <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> 4,469 </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 1%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                </tr>
                <tr>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 75%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> Other assets </p>
                  </td>
                  <td colspan="2" style="vertical-align: bottom;padding-left: 0.0px;border-bottom: solid black 1.0pt;padding-right: 0.0px;" rowspan="1">
                    <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> <b>1,561 </b> </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;border-bottom: solid black 1.0pt;width: 1%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;border-bottom: solid black 1.0pt;width: 1%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td colspan="2" style="vertical-align: bottom;padding-left: 0.0px;border-bottom: solid black 1.0pt;padding-right: 0.0px;" rowspan="1">
                    <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> 1,487 </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;border-bottom: solid black 1.0pt;width: 1%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                </tr>
                <tr>
                  <td style="vertical-align: bottom;padding-left: 20.0px;width: 75%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> Total Assets </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;border-bottom: double black 2.25pt;width: 1%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> <b>$</b> </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;border-bottom: double black 2.25pt;padding-right: 0.0px;width: 10%;" rowspan="1" colspan="1">
                    <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> <b>279,908 </b> </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;border-bottom: double black 2.25pt;width: 1%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;border-bottom: double black 2.25pt;width: 1%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;border-bottom: double black 2.25pt;width: 1%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> $ </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;border-bottom: double black 2.25pt;padding-right: 0.0px;width: 10%;" rowspan="1" colspan="1">
                    <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> 263,893 </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;border-bottom: double black 2.25pt;width: 1%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                </tr>
                <tr>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 75%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td colspan="3" style="vertical-align: bottom;padding-left: 0.0px;" rowspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 1%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td colspan="3" style="vertical-align: bottom;padding-left: 0.0px;" rowspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                </tr>
                <tr>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 75%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> <b>Liabilities and Stockholders&#8217; Equity</b> </p>
                  </td>
                  <td colspan="3" style="vertical-align: bottom;padding-left: 0.0px;" rowspan="1">
                    <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 1%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td colspan="3" style="vertical-align: bottom;padding-left: 0.0px;" rowspan="1">
                    <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                </tr>
                <tr>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 75%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td colspan="3" style="vertical-align: bottom;padding-left: 0.0px;" rowspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 1%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td colspan="3" style="vertical-align: bottom;padding-left: 0.0px;" rowspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                </tr>
                <tr>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 75%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> Liabilities: </p>
                  </td>
                  <td colspan="3" style="vertical-align: bottom;padding-left: 0.0px;" rowspan="1">
                    <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 1%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td colspan="3" style="vertical-align: bottom;padding-left: 0.0px;" rowspan="1">
                    <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                </tr>
                <tr>
                  <td style="vertical-align: bottom;padding-left: 10.0px;width: 75%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> Reserve for claims </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 1%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> <b>$</b> </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;padding-right: 0.0px;width: 10%;" rowspan="1" colspan="1">
                    <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> <b>32,694 </b> </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 1%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 1%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 1%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> $ </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;padding-right: 0.0px;width: 10%;" rowspan="1" colspan="1">
                    <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> 31,333 </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 1%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                </tr>
                <tr>
                  <td style="vertical-align: bottom;padding-left: 10.0px;width: 75%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> Accounts payable and accrued liabilities </p>
                  </td>
                  <td colspan="2" style="vertical-align: bottom;padding-left: 0.0px;padding-right: 0.0px;" rowspan="1">
                    <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> <b>37,469 </b> </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 1%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 1%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td colspan="2" style="vertical-align: bottom;padding-left: 0.0px;padding-right: 0.0px;" rowspan="1">
                    <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> 28,318 </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 1%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                </tr>
                <tr>
                  <td style="vertical-align: bottom;padding-left: 10.0px;width: 75%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> Operating lease liabilities </p>
                  </td>
                  <td colspan="2" style="vertical-align: bottom;padding-left: 0.0px;padding-right: 0.0px;" rowspan="1">
                    <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> <b>4,093 </b> </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 1%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 1%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td colspan="2" style="vertical-align: bottom;padding-left: 0.0px;padding-right: 0.0px;" rowspan="1">
                    <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> 4,502 </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 1%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                </tr>
                <tr>
                  <td style="vertical-align: bottom;padding-left: 10.0px;width: 75%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> Current income taxes payable </p>
                  </td>
                  <td colspan="2" style="vertical-align: bottom;padding-left: 0.0px;padding-right: 0.0px;" rowspan="1">
                    <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> <b>1,121 </b> </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 1%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 1%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td colspan="2" style="vertical-align: bottom;padding-left: 0.0px;padding-right: 0.0px;" rowspan="1">
                    <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> 1,340 </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 1%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                </tr>
                <tr>
                  <td style="vertical-align: bottom;padding-left: 10.0px;width: 75%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> Deferred income taxes, net </p>
                  </td>
                  <td colspan="2" style="vertical-align: bottom;padding-left: 0.0px;border-bottom: solid black 1.0pt;padding-right: 0.0px;" rowspan="1">
                    <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> <b>6,066 </b> </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;border-bottom: solid black 1.0pt;width: 1%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;border-bottom: solid black 1.0pt;width: 1%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td colspan="2" style="vertical-align: bottom;padding-left: 0.0px;border-bottom: solid black 1.0pt;padding-right: 0.0px;" rowspan="1">
                    <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> 7,038 </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;border-bottom: solid black 1.0pt;width: 1%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                </tr>
                <tr>
                  <td style="vertical-align: bottom;padding-left: 20.0px;width: 75%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> Total liabilities </p>
                  </td>
                  <td colspan="2" style="vertical-align: bottom;padding-left: 0.0px;border-bottom: solid black 1.0pt;padding-right: 0.0px;" rowspan="1">
                    <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> <b>81,443 </b> </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;border-bottom: solid black 1.0pt;width: 1%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;border-bottom: solid black 1.0pt;width: 1%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td colspan="2" style="vertical-align: bottom;padding-left: 0.0px;border-bottom: solid black 1.0pt;padding-right: 0.0px;" rowspan="1">
                    <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> 72,531 </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;border-bottom: solid black 1.0pt;width: 1%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                </tr>
                <tr>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 75%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td colspan="3" style="vertical-align: bottom;padding-left: 0.0px;" rowspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 1%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td colspan="3" style="vertical-align: bottom;padding-left: 0.0px;" rowspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                </tr>
                <tr>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 75%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> Stockholders&#8217; Equity: </p>
                  </td>
                  <td colspan="3" style="vertical-align: bottom;padding-left: 0.0px;" rowspan="1">
                    <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 1%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td colspan="3" style="vertical-align: bottom;padding-left: 0.0px;" rowspan="1">
                    <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                </tr>
                <tr>
                  <td style="vertical-align: bottom;padding-left: 10.0px;width: 75%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> Common stock <b>&#8211;</b> no par value (10,000 authorized shares; 1,892 and 1,889 shares issued and outstanding as of June 30, 2020 and December 31, 2019, respectively, excluding in each
                      period 292 shares of common stock held by the Company's subsidiary) </p>
                  </td>
                  <td colspan="2" style="vertical-align: bottom;padding-left: 0.0px;padding-right: 0.0px;" rowspan="1">
                    <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> <b>&#8212; </b> </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 1%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 1%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td colspan="2" style="vertical-align: bottom;padding-left: 0.0px;padding-right: 0.0px;" rowspan="1">
                    <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> &#8212; </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 1%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                </tr>
                <tr>
                  <td style="vertical-align: bottom;padding-left: 10.0px;width: 75%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> Retained earnings </p>
                  </td>
                  <td colspan="2" style="vertical-align: bottom;padding-left: 0.0px;padding-right: 0.0px;" rowspan="1">
                    <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> <b>194,235 </b> </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 1%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 1%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td colspan="2" style="vertical-align: bottom;padding-left: 0.0px;padding-right: 0.0px;" rowspan="1">
                    <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> 188,262 </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 1%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                </tr>
                <tr>
                  <td style="vertical-align: bottom;padding-left: 10.0px;width: 75%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> Accumulated other comprehensive income </p>
                  </td>
                  <td colspan="2" style="vertical-align: bottom;padding-left: 0.0px;border-bottom: solid black 1.0pt;padding-right: 0.0px;" rowspan="1">
                    <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> <b>4,230 </b> </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;border-bottom: solid black 1.0pt;width: 1%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;border-bottom: solid black 1.0pt;width: 1%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td colspan="2" style="vertical-align: bottom;padding-left: 0.0px;border-bottom: solid black 1.0pt;padding-right: 0.0px;" rowspan="1">
                    <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> 3,100 </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;border-bottom: solid black 1.0pt;width: 1%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                </tr>
                <tr>
                  <td style="vertical-align: bottom;padding-left: 20.0px;width: 75%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> Total stockholders&#8217; equity </p>
                  </td>
                  <td colspan="2" style="vertical-align: bottom;padding-left: 0.0px;border-bottom: solid black 1.0pt;padding-right: 0.0px;" rowspan="1">
                    <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> <b>198,465 </b> </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;border-bottom: solid black 1.0pt;width: 1%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;border-bottom: solid black 1.0pt;width: 1%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td colspan="2" style="vertical-align: bottom;padding-left: 0.0px;border-bottom: solid black 1.0pt;padding-right: 0.0px;" rowspan="1">
                    <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> 191,362 </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;border-bottom: solid black 1.0pt;width: 1%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                </tr>
                <tr>
                  <td style="vertical-align: bottom;padding-left: 20.0px;width: 75%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> Total Liabilities and Stockholders&#8217; Equity </p>
                  </td>
                  <td style="vertical-align: bottom;border-bottom: double black 2.25pt;padding-left: 0.0px;width: 1%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> <b>$</b> </p>
                  </td>
                  <td style="vertical-align: bottom;border-bottom: double black 2.25pt;padding-left: 0.0px;padding-right: 0.0px;width: 10%;" rowspan="1" colspan="1">
                    <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> <b>279,908 </b> </p>
                  </td>
                  <td style="vertical-align: bottom;border-bottom: double black 2.25pt;padding-left: 0.0px;width: 1%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td style="vertical-align: bottom;border-bottom: double black 2.25pt;padding-left: 0.0px;width: 1%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td style="vertical-align: bottom;border-bottom: double black 2.25pt;padding-left: 0.0px;width: 1%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> $ </p>
                  </td>
                  <td style="vertical-align: bottom;border-bottom: double black 2.25pt;padding-left: 0.0px;padding-right: 0.0px;width: 10%;" rowspan="1" colspan="1">
                    <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> 263,893 </p>
                  </td>
                  <td style="vertical-align: bottom;border-bottom: double black 2.25pt;padding-left: 0.0px;width: 1%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                </tr>

            </table>
            <div> </div>
            <div id="DSPFPageBreakArea" style="MARGIN-BOTTOM: 10pt; CLEAR: both; MARGIN-TOP: 10pt">
              <div id="DSPFPageBreak" style="PAGE-BREAK-AFTER: always">
                <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" style="margin-bottom: 10.0px;margin-left: 0px; margin-right: auto;width: 100%; font-size: 10pt;" id="zead8f5ecbd03453a95fcb13a98047a35">

                <tr>
                  <td colspan="17" style="padding-left: 0.0px;text-align: center; list-style-position:inside;" rowspan="1"><b>Investors Title Company and Subsidiaries</b></td>
                </tr>
                <tr>
                  <td colspan="17" style="padding-left: 0.0px;text-align: center; list-style-position:inside;" rowspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px; list-style-position: inside;"> <b>Net Premiums Written By Branch and Agency</b> </p>
                  </td>
                </tr>
                <tr>
                  <td colspan="17" style="padding-left: 0.0px;text-align: center; list-style-position:inside;" rowspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px; list-style-position: inside;"> <b><i>For the Three and Six Months Ended June 30, 2020 and 2019 </i></b> </p>
                  </td>
                </tr>
                <tr>
                  <td colspan="17" style="padding-left: 0.0px;text-align: center; list-style-position:inside;" rowspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px; list-style-position: inside;"> <b><i>(in thousands)</i></b> </p>
                  </td>
                </tr>
                <tr>
                  <td colspan="17" style="padding-left: 0.0px;text-align: center; list-style-position:inside;" rowspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px; list-style-position: inside;"> <b><i>(unaudited)</i></b> </p>
                  </td>
                </tr>
                <tr>
                  <td style="padding-left: 0.0px;width: 8%;" rowspan="1" colspan="1"><br>
                  </td>
                  <td style="padding-left: 0.0px;" colspan="8" rowspan="1"><br>
                  </td>
                  <td style="padding-left: 0.0px;" colspan="8" rowspan="1">&#160;</td>
                </tr>
                <tr>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 8%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td colspan="8" style="vertical-align: bottom;padding-left: 0.0px;border-bottom: solid black 1.0pt;" rowspan="1">
                    <p style="text-align: center; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> <b>Three Months Ended June 30,</b> </p>
                  </td>
                  <td colspan="8" style="vertical-align: bottom;padding-left: 0.0px;border-bottom: solid black 1.0pt;" rowspan="1">
                    <p style="text-align: center; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> <b>Six Months Ended June 30,</b> </p>
                  </td>
                </tr>
                <tr>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 8%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td colspan="3" style="vertical-align: bottom;padding-left: 0.0px;border-bottom: solid black 1.0pt;padding-right: 0.0px;text-align: center; list-style-position:inside;" rowspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px; list-style-position: inside;"> <b>2020</b> </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;border-bottom: solid black 1.0pt;width: 8%;text-align: center; list-style-position:inside;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px; list-style-position: inside;"> <b>%</b> </p>
                  </td>
                  <td colspan="3" style="vertical-align: bottom;padding-left: 0.0px;border-bottom: solid black 1.0pt;padding-right: 0.0px;text-align: center; list-style-position:inside;" rowspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px; list-style-position: inside;"> 2019 </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;border-bottom: solid black 1.0pt;width: 8%;text-align: center; list-style-position:inside;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px; list-style-position: inside;"> % </p>
                  </td>
                  <td colspan="3" style="vertical-align: bottom;padding-left: 0.0px;border-bottom: solid black 1.0pt;padding-right: 0.0px;text-align: center; list-style-position:inside;" rowspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px; list-style-position: inside;"> <b>2020</b> </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;border-bottom: solid black 1.0pt;width: 8%;text-align: center; list-style-position:inside;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px; list-style-position: inside;"> <b>%</b> </p>
                  </td>
                  <td colspan="3" style="vertical-align: bottom;padding-left: 0.0px;border-bottom: solid black 1.0pt;padding-right: 0.0px;text-align: center; list-style-position:inside;" rowspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px; list-style-position: inside;"> 2019 </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;border-bottom: solid black 1.0pt;width: 8%;text-align: center; list-style-position:inside;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px; list-style-position: inside;"> % </p>
                  </td>
                </tr>
                <tr>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 8%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> Branch </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 2%;text-align: right; list-style-position:inside;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px; list-style-position: inside;"> <b>$</b> </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;padding-right: 0.0px;width: 9%;" rowspan="1" colspan="1">
                    <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> <b>12,973 </b> </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 3%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;padding-right: 0.0px;width: 8%;" rowspan="1" colspan="1">
                    <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> <b>27.3</b> </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 3%;text-align: right; list-style-position:inside;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px; list-style-position: inside;"> $ </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;padding-right: 0.0px;width: 9%;" rowspan="1" colspan="1">
                    <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> 10,388 </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 3%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;padding-right: 0.0px;width: 8%;" rowspan="1" colspan="1">
                    <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> 29.7 </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 3%;text-align: right; list-style-position:inside;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px; list-style-position: inside;"> <b>$</b> </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;padding-right: 0.0px;width: 10%;" rowspan="1" colspan="1">
                    <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> <b>22,868 </b> </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 3%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;padding-right: 0.0px;width: 8%;" rowspan="1" colspan="1">
                    <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> <b>26.6</b> </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 3%;text-align: right; list-style-position:inside;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px; list-style-position: inside;"> $ </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;padding-right: 0.0px;width: 9%;" rowspan="1" colspan="1">
                    <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> 17,554 </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 3%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;padding-right: 0.0px;width: 8%;" rowspan="1" colspan="1">
                    <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> 27.5 </p>
                  </td>
                </tr>
                <tr>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 8%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td colspan="3" style="vertical-align: bottom;padding-left: 0.0px;" rowspan="1">
                    <p style="text-align: center; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 8%;" rowspan="1" colspan="1">
                    <p style="text-align: center; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td colspan="3" style="vertical-align: bottom;padding-left: 0.0px;" rowspan="1">
                    <p style="text-align: center; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 8%;" rowspan="1" colspan="1">
                    <p style="text-align: center; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td colspan="3" style="vertical-align: bottom;padding-left: 0.0px;" rowspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 8%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td colspan="3" style="vertical-align: bottom;padding-left: 0.0px;" rowspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 8%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                </tr>
                <tr>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 8%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> Agency </p>
                  </td>
                  <td colspan="2" style="vertical-align: bottom;padding-left: 0.0px;border-bottom: solid black 1.0pt;padding-right: 0.0px;" rowspan="1">
                    <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> <b>34,506 </b> </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;border-bottom: solid black 1.0pt;width: 3%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;border-bottom: solid black 1.0pt;padding-right: 0.0px;width: 8%;" rowspan="1" colspan="1">
                    <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> <b>72.7</b> </p>
                  </td>
                  <td colspan="2" style="vertical-align: bottom;padding-left: 0.0px;border-bottom: solid black 1.0pt;padding-right: 0.0px;" rowspan="1">
                    <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> 24,590 </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;border-bottom: solid black 1.0pt;width: 3%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;border-bottom: solid black 1.0pt;padding-right: 0.0px;width: 8%;" rowspan="1" colspan="1">
                    <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> 70.3 </p>
                  </td>
                  <td colspan="2" style="vertical-align: bottom;padding-left: 0.0px;border-bottom: solid black 1.0pt;padding-right: 0.0px;" rowspan="1">
                    <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> <b>63,238 </b> </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;border-bottom: solid black 1.0pt;width: 3%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;border-bottom: solid black 1.0pt;padding-right: 0.0px;width: 8%;" rowspan="1" colspan="1">
                    <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> <b>73.4</b> </p>
                  </td>
                  <td colspan="2" style="vertical-align: bottom;padding-left: 0.0px;border-bottom: solid black 1.0pt;padding-right: 0.0px;" rowspan="1">
                    <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> 46,219 </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;border-bottom: solid black 1.0pt;width: 3%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;border-bottom: solid black 1.0pt;padding-right: 0.0px;width: 8%;" rowspan="1" colspan="1">
                    <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> 72.5 </p>
                  </td>
                </tr>
                <tr>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 8%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td colspan="3" style="vertical-align: bottom;padding-left: 0.0px;" rowspan="1">
                    <p style="text-align: center; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 8%;" rowspan="1" colspan="1">
                    <p style="text-align: center; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td colspan="3" style="vertical-align: bottom;padding-left: 0.0px;" rowspan="1">
                    <p style="text-align: center; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 8%;" rowspan="1" colspan="1">
                    <p style="text-align: center; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td colspan="3" style="vertical-align: bottom;padding-left: 0.0px;" rowspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 8%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td colspan="3" style="vertical-align: bottom;padding-left: 0.0px;" rowspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 8%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                </tr>
                <tr>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 8%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> Total </p>
                  </td>
                  <td style="vertical-align: bottom;border-bottom: double black 2.25pt;padding-left: 0.0px;width: 2%;text-align: right; list-style-position:inside;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px; list-style-position: inside;"> <b>$</b> </p>
                  </td>
                  <td style="vertical-align: bottom;border-bottom: double black 2.25pt;padding-left: 0.0px;padding-right: 0.0px;width: 9%;" rowspan="1" colspan="1">
                    <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> <b>47,479 </b> </p>
                  </td>
                  <td style="vertical-align: bottom;border-bottom: double black 2.25pt;padding-left: 0.0px;width: 3%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td style="vertical-align: bottom;border-bottom: double black 2.25pt;padding-left: 0.0px;padding-right: 0.0px;width: 8%;" rowspan="1" colspan="1">
                    <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> <b>100.0</b> </p>
                  </td>
                  <td style="vertical-align: bottom;border-bottom: double black 2.25pt;padding-left: 0.0px;width: 3%;text-align: right; list-style-position:inside;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px; list-style-position: inside;"> $ </p>
                  </td>
                  <td style="vertical-align: bottom;border-bottom: double black 2.25pt;padding-left: 0.0px;padding-right: 0.0px;width: 9%;" rowspan="1" colspan="1">
                    <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> 34,978 </p>
                  </td>
                  <td style="vertical-align: bottom;border-bottom: double black 2.25pt;padding-left: 0.0px;width: 3%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td style="vertical-align: bottom;border-bottom: double black 2.25pt;padding-left: 0.0px;padding-right: 0.0px;width: 8%;" rowspan="1" colspan="1">
                    <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> 100.0 </p>
                  </td>
                  <td style="vertical-align: bottom;border-bottom: double black 2.25pt;padding-left: 0.0px;width: 3%;text-align: right; list-style-position:inside;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px; list-style-position: inside;"> <b>$</b> </p>
                  </td>
                  <td style="vertical-align: bottom;border-bottom: double black 2.25pt;padding-left: 0.0px;padding-right: 0.0px;width: 10%;" rowspan="1" colspan="1">
                    <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> <b>86,106 </b> </p>
                  </td>
                  <td style="vertical-align: bottom;border-bottom: double black 2.25pt;padding-left: 0.0px;width: 3%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td style="vertical-align: bottom;border-bottom: double black 2.25pt;padding-left: 0.0px;padding-right: 0.0px;width: 8%;" rowspan="1" colspan="1">
                    <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> <b>100.0</b> </p>
                  </td>
                  <td style="vertical-align: bottom;border-bottom: double black 2.25pt;padding-left: 0.0px;width: 3%;text-align: right; list-style-position:inside;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px; list-style-position: inside;"> $ </p>
                  </td>
                  <td style="vertical-align: bottom;border-bottom: double black 2.25pt;padding-left: 0.0px;padding-right: 0.0px;width: 9%;" rowspan="1" colspan="1">
                    <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> 63,773 </p>
                  </td>
                  <td style="vertical-align: bottom;border-bottom: double black 2.25pt;padding-left: 0.0px;width: 3%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td style="vertical-align: bottom;border-bottom: double black 2.25pt;padding-left: 0.0px;padding-right: 0.0px;width: 8%;" rowspan="1" colspan="1">
                    <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> 100.0 </p>
                  </td>
                </tr>

            </table>
            <div> </div>
            <div id="DSPFPageBreakArea" style="MARGIN-BOTTOM: 10pt; CLEAR: both; MARGIN-TOP: 10pt">
              <div id="DSPFPageBreak" style="PAGE-BREAK-AFTER: always">
                <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>
              </b><b>Appendix A <br>
              </b><b>Non-GAAP Measures Reconciliation <br>
              </b><b><i>For the Three and Six Months Ended June 30, 2020 and 2019 <br>
                </i></b><b><i>(in thousands) <br>
                </i></b><b><i>(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" style="margin-bottom: 10.0px;margin-left: 0px; margin-right: auto;width: 100%; font-size: 10pt;" id="ze0f6958c247f499a914857c5197a913f">

                <tr>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 62%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td colspan="7" style="vertical-align: bottom;padding-left: 0.0px;border-bottom: solid black 1.0pt;" rowspan="1">
                    <p style="text-align: center; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> <b>Three Months Ended </b><br>
                      <b>June 30,</b> </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;border-bottom: solid black 1.0pt;width: 1%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td colspan="7" style="vertical-align: bottom;padding-left: 0.0px;border-bottom: solid black 1.0pt;" rowspan="1">
                    <p style="text-align: center; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> <b>Six Months Ended </b><br>
                      <b>June 30,</b> </p>
                  </td>
                </tr>
                <tr>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 62%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td colspan="3" style="vertical-align: bottom;padding-left: 0.0px;border-bottom: solid black 1.0pt;padding-right: 0.0px;text-align: center; list-style-position:inside;" rowspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px; list-style-position: inside;"> <b>2020</b> </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;border-bottom: solid black 1.0pt;width: 2%;text-align: center; list-style-position:inside;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px; list-style-position: inside;"> &#160; </p>
                  </td>
                  <td colspan="3" style="vertical-align: bottom;padding-left: 0.0px;border-bottom: solid black 1.0pt;padding-right: 0.0px;text-align: center; list-style-position:inside;" rowspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px; list-style-position: inside;"> 2019 </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;border-bottom: solid black 1.0pt;width: 1%;text-align: center; list-style-position:inside;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px; list-style-position: inside;"> &#160; </p>
                  </td>
                  <td colspan="3" style="vertical-align: bottom;padding-left: 0.0px;border-bottom: solid black 1.0pt;padding-right: 0.0px;text-align: center; list-style-position:inside;" rowspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px; list-style-position: inside;"> <b>2020</b> </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;border-bottom: solid black 1.0pt;width: 1%;text-align: center; list-style-position:inside;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px; list-style-position: inside;"> &#160; </p>
                  </td>
                  <td colspan="3" style="vertical-align: bottom;padding-left: 0.0px;border-bottom: solid black 1.0pt;padding-right: 0.0px;text-align: center; list-style-position:inside;" rowspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px; list-style-position: inside;"> 2019 </p>
                  </td>
                </tr>
                <tr>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 62%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td colspan="3" style="vertical-align: bottom;padding-left: 0.0px;" rowspan="1">
                    <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 2%;" rowspan="1" colspan="1">
                    <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td colspan="3" style="vertical-align: bottom;padding-left: 0.0px;" rowspan="1">
                    <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 1%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td colspan="3" style="vertical-align: bottom;padding-left: 0.0px;" rowspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 1%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td colspan="3" style="vertical-align: bottom;padding-left: 0.0px;" rowspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                </tr>
                <tr>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 62%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> <b>Revenues</b> </p>
                  </td>
                  <td colspan="3" style="vertical-align: bottom;padding-left: 0.0px;" rowspan="1">
                    <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 2%;" rowspan="1" colspan="1">
                    <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td colspan="3" style="vertical-align: bottom;padding-left: 0.0px;" rowspan="1">
                    <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 1%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td colspan="3" style="vertical-align: bottom;padding-left: 0.0px;" rowspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 1%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td colspan="3" style="vertical-align: bottom;padding-left: 0.0px;" rowspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                </tr>
                <tr>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 62%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> Total revenues (GAAP) </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 2%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> <b>$</b> </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;padding-right: 0.0px;width: 7%;" rowspan="1" colspan="1">
                    <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> <b>61,748 </b> </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 2%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 2%;" rowspan="1" colspan="1">
                    <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 2%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> $ </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;padding-right: 0.0px;width: 5%;" rowspan="1" colspan="1">
                    <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> 42,733 </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 1%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 1%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 1%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> <b>$</b> </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;padding-right: 0.0px;width: 6%;" rowspan="1" colspan="1">
                    <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> <b>91,649 </b> </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 1%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 1%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 1%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> $ </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;padding-right: 0.0px;width: 5%;" rowspan="1" colspan="1">
                    <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> 82,679 </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 1%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                </tr>
                <tr>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 62%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> (Subtract) Add: Changes in the estimated fair value of equity security investments </p>
                  </td>
                  <td colspan="2" style="vertical-align: bottom;padding-left: 0.0px;border-bottom: solid black 1.0pt;padding-right: 0.0px;" rowspan="1">
                    <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> <b>(7,972)</b> </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;border-bottom: solid black 1.0pt;width: 2%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;border-bottom: solid black 1.0pt;width: 2%;" rowspan="1" colspan="1">
                    <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td colspan="2" style="vertical-align: bottom;padding-left: 0.0px;border-bottom: solid black 1.0pt;padding-right: 0.0px;" rowspan="1">
                    <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> (1,142) </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;border-bottom: solid black 1.0pt;width: 1%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;border-bottom: solid black 1.0pt;width: 1%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td colspan="2" style="vertical-align: bottom;padding-left: 0.0px;border-bottom: solid black 1.0pt;padding-right: 0.0px;" rowspan="1">
                    <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> <b>6,486 </b> </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;border-bottom: solid black 1.0pt;width: 1%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;border-bottom: solid black 1.0pt;width: 1%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td colspan="2" style="vertical-align: bottom;padding-left: 0.0px;border-bottom: solid black 1.0pt;padding-right: 0.0px;" rowspan="1">
                    <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> (5,812) </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;border-bottom: solid black 1.0pt;width: 1%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                </tr>
                <tr>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 62%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> Adjusted revenues (non-GAAP) </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;border-bottom: double black 2.25pt;width: 2%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> <b>$</b> </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;border-bottom: double black 2.25pt;padding-right: 0.0px;width: 7%;" rowspan="1" colspan="1">
                    <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> <b>53,776 </b> </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;border-bottom: double black 2.25pt;width: 2%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;border-bottom: double black 2.25pt;width: 2%;" rowspan="1" colspan="1">
                    <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;border-bottom: double black 2.25pt;width: 2%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> $ </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;border-bottom: double black 2.25pt;padding-right: 0.0px;width: 5%;" rowspan="1" colspan="1">
                    <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> 41,591 </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;border-bottom: double black 2.25pt;width: 1%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;border-bottom: double black 2.25pt;width: 1%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;border-bottom: double black 2.25pt;width: 1%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> <b>$</b> </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;border-bottom: double black 2.25pt;padding-right: 0.0px;width: 6%;" rowspan="1" colspan="1">
                    <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> <b>98,135 </b> </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;border-bottom: double black 2.25pt;width: 1%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;border-bottom: double black 2.25pt;width: 1%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;border-bottom: double black 2.25pt;width: 1%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> $ </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;border-bottom: double black 2.25pt;padding-right: 0.0px;width: 5%;" rowspan="1" colspan="1">
                    <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> 76,867 </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;border-bottom: double black 2.25pt;width: 1%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                </tr>
                <tr>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 62%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td colspan="3" style="vertical-align: bottom;padding-left: 0.0px;" rowspan="1">
                    <p style="text-align: center; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 2%;" rowspan="1" colspan="1">
                    <p style="text-align: center; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td colspan="3" style="vertical-align: bottom;padding-left: 0.0px;" rowspan="1">
                    <p style="text-align: center; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 1%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td colspan="3" style="vertical-align: bottom;padding-left: 0.0px;" rowspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 1%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td colspan="3" style="vertical-align: bottom;padding-left: 0.0px;" rowspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                </tr>
                <tr>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 62%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> <b>Income before Income Taxes</b> </p>
                  </td>
                  <td colspan="3" style="vertical-align: bottom;padding-left: 0.0px;" rowspan="1">
                    <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 2%;" rowspan="1" colspan="1">
                    <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td colspan="3" style="vertical-align: bottom;padding-left: 0.0px;" rowspan="1">
                    <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 1%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td colspan="3" style="vertical-align: bottom;padding-left: 0.0px;" rowspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 1%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td colspan="3" style="vertical-align: bottom;padding-left: 0.0px;" rowspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                </tr>
                <tr>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 62%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> Income before income taxes (GAAP) </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 2%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> <b>$</b> </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;padding-right: 0.0px;width: 7%;" rowspan="1" colspan="1">
                    <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> <b>17,922 </b> </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 2%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 2%;" rowspan="1" colspan="1">
                    <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 2%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> $ </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;padding-right: 0.0px;width: 5%;" rowspan="1" colspan="1">
                    <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> 6,920 </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 1%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 1%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 1%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> <b>$</b> </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;padding-right: 0.0px;width: 6%;" rowspan="1" colspan="1">
                    <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> <b>9,393 </b> </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 1%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 1%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 1%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> $ </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;padding-right: 0.0px;width: 5%;" rowspan="1" colspan="1">
                    <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> 15,233 </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 1%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                </tr>
                <tr>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 62%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> (Subtract) Add: Changes in the estimated fair value of equity security investments </p>
                  </td>
                  <td colspan="2" style="vertical-align: bottom;padding-left: 0.0px;border-bottom: solid black 1.0pt;padding-right: 0.0px;" rowspan="1">
                    <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> <b>(7,972)</b> </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;border-bottom: solid black 1.0pt;width: 2%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;border-bottom: solid black 1.0pt;width: 2%;" rowspan="1" colspan="1">
                    <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td colspan="2" style="vertical-align: bottom;padding-left: 0.0px;border-bottom: solid black 1.0pt;padding-right: 0.0px;" rowspan="1">
                    <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> (1,142) </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;border-bottom: solid black 1.0pt;width: 1%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;border-bottom: solid black 1.0pt;width: 1%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td colspan="2" style="vertical-align: bottom;padding-left: 0.0px;border-bottom: solid black 1.0pt;padding-right: 0.0px;" rowspan="1">
                    <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> <b>6,486 </b> </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;border-bottom: solid black 1.0pt;width: 1%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;border-bottom: solid black 1.0pt;width: 1%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td colspan="2" style="vertical-align: bottom;padding-left: 0.0px;border-bottom: solid black 1.0pt;padding-right: 0.0px;" rowspan="1">
                    <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> (5,812) </p>
                  </td>
                  <td style="vertical-align: bottom;padding-left: 0.0px;border-bottom: solid black 1.0pt;width: 1%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                </tr>
                <tr>
                  <td style="vertical-align: bottom;padding-left: 0.0px;width: 62%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> Adjusted income before income taxes (non-GAAP) </p>
                  </td>
                  <td style="vertical-align: bottom;border-bottom: double black 2.25pt;padding-left: 0.0px;width: 2%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> <b>$</b> </p>
                  </td>
                  <td style="vertical-align: bottom;border-bottom: double black 2.25pt;padding-left: 0.0px;padding-right: 0.0px;width: 7%;" rowspan="1" colspan="1">
                    <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> <b>9,950 </b> </p>
                  </td>
                  <td style="vertical-align: bottom;border-bottom: double black 2.25pt;padding-left: 0.0px;width: 2%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td style="vertical-align: bottom;border-bottom: double black 2.25pt;padding-left: 0.0px;width: 2%;" rowspan="1" colspan="1">
                    <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td style="vertical-align: bottom;border-bottom: double black 2.25pt;padding-left: 0.0px;width: 2%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> $ </p>
                  </td>
                  <td style="vertical-align: bottom;border-bottom: double black 2.25pt;padding-left: 0.0px;padding-right: 0.0px;width: 5%;" rowspan="1" colspan="1">
                    <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> 5,778 </p>
                  </td>
                  <td style="vertical-align: bottom;border-bottom: double black 2.25pt;padding-left: 0.0px;width: 1%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td style="vertical-align: bottom;border-bottom: double black 2.25pt;padding-left: 0.0px;width: 1%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td style="vertical-align: bottom;border-bottom: double black 2.25pt;padding-left: 0.0px;width: 1%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> <b>$</b> </p>
                  </td>
                  <td style="vertical-align: bottom;border-bottom: double black 2.25pt;padding-left: 0.0px;padding-right: 0.0px;width: 6%;" rowspan="1" colspan="1">
                    <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> <b>15,879 </b> </p>
                  </td>
                  <td style="vertical-align: bottom;border-bottom: double black 2.25pt;padding-left: 0.0px;width: 1%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td style="vertical-align: bottom;border-bottom: double black 2.25pt;padding-left: 0.0px;width: 1%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> &#160; </p>
                  </td>
                  <td style="vertical-align: bottom;border-bottom: double black 2.25pt;padding-left: 0.0px;width: 1%;" rowspan="1" colspan="1">
                    <p style="margin-bottom: 0px; margin-top: 0px;"> $ </p>
                  </td>
                  <td style="vertical-align: bottom;border-bottom: double black 2.25pt;padding-left: 0.0px;padding-right: 0.0px;width: 5%;" rowspan="1" colspan="1">
                    <p style="text-align: right; list-style-position:inside;margin-bottom: 0px; margin-top: 0px;"> 9,421 </p>
                  </td>
                  <td style="vertical-align: bottom;border-bottom: double black 2.25pt;padding-left: 0.0px;width: 1%;" rowspan="1" colspan="1">
                    <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>
              Telephone: (919) 968-2200 </p>
          </div>
        </div>
      </div>
    </div>
  </div>
</body>
</html>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
