Quarterly Financial Data (Unaudited) (Tables)

12 Months Ended

Dec. 31, 2020

Quarterly Financial Information Disclosure [Abstract]

Unaudited Quarterly Financial Data

The following table represents unaudited quarterly financial data for the years ended December 31, 2020 and 2019.

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