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Consolidated Statements Of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Revenues:        
Net premiums written $ 44,005 $ 69,626 $ 82,971 $ 132,751
Escrow and other title-related fees 4,604 6,247 8,259 11,325
Non-title services 4,565 2,798 9,877 5,210
Interest and dividends 2,150 911 4,224 1,826
Other investment income 1,648 1,106 2,401 2,443
Net investment gains (losses) 1,092 (10,134) 1,535 (14,302)
Other 250 348 390 647
Total Revenues 58,314 70,902 109,657 139,900
Operating Expenses:        
Commissions to agents 20,603 33,826 39,929 63,683
Provision for claims 991 1,310 2,059 1,486
Personnel expenses 18,548 20,898 39,368 42,152
Office and technology expenses 4,513 4,288 8,913 8,656
Other expenses 3,813 7,627 7,981 13,177
Total Operating Expenses 48,468 67,949 98,250 129,154
Income before Income Taxes 9,846 2,953 11,407 10,746
Provision for Income Taxes 2,261 674 2,641 2,282
Net Income $ 7,585 $ 2,279 $ 8,766 $ 8,464
Basic Earnings per Common Share $ 4.00 $ 1.20 $ 4.62 $ 4.46
Weighted Average Shares Outstanding – Basic 1,895 1,897 1,896 1,897
Diluted Earnings per Common Share $ 4.00 $ 1.20 $ 4.62 $ 4.45
Weighted Average Shares Outstanding – Diluted 1,896 1,899 1,896 1,900