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Consolidated Statements Of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Revenues:        
Net premiums written $ 69,626 $ 67,527 $ 132,751 $ 129,004
Escrow and other title-related fees 6,209 3,487 11,273 6,285
Non-title services 2,836 2,408 5,262 4,486
Interest and dividends 911 898 1,826 1,914
Other investment income 1,106 1,483 2,443 2,424
Net realized investment gains 2,038 182 3,785 503
Changes in the estimated fair value of equity security investments (12,172) 4,829 (18,087) 8,068
Other 348 4,147 647 4,355
Total Revenues 70,902 84,961 139,900 157,039
Operating Expenses:        
Commissions to agents 33,826 34,346 63,683 64,888
Provision for claims 1,310 1,436 1,486 3,027
Personnel expenses 20,898 15,914 42,152 32,067
Office and technology expenses 4,288 3,211 8,656 5,953
Other expenses 7,627 4,766 13,177 8,501
Total Operating Expenses 67,949 59,673 129,154 114,436
Income before Income Taxes 2,953 25,288 10,746 42,603
Provision for Income Taxes 674 5,506 2,282 8,998
Net Income $ 2,279 $ 19,782 $ 8,464 $ 33,605
Basic Earnings per Common Share $ 1.20 $ 10.44 $ 4.46 $ 17.74
Weighted Average Shares Outstanding – Basic 1,897 1,894 1,897 1,894
Diluted Earnings per Common Share $ 1.20 $ 10.42 $ 4.45 $ 17.70
Weighted Average Shares Outstanding – Diluted 1,899 1,899 1,900 1,898