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Consolidated Statements Of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Revenues:        
Net premiums written $ 49,822 $ 66,658 $ 132,793 $ 199,409
Escrow and other title-related fees 4,683 6,136 12,942 17,461
Non-title services 4,636 3,679 14,513 8,889
Interest and dividends 2,313 1,229 6,537 3,055
Other investment income 514 2,173 2,915 4,616
Net investment (losses) gains (815) (2,154) 720 (16,456)
Other 257 277 647 924
Total Revenues 61,410 77,998 171,067 217,898
Operating Expenses:        
Commissions to agents 23,806 33,478 63,735 97,161
Provision for claims 1,838 1,966 3,897 3,452
Personnel expenses 19,083 21,586 58,451 63,738
Office and technology expenses 4,209 4,274 13,122 12,930
Other expenses 3,864 6,606 11,845 19,783
Total Operating Expenses 52,800 67,910 151,050 197,064
Income before Income Taxes 8,610 10,088 20,017 20,834
Provision for Income Taxes 1,526 2,175 4,167 4,457
Net Income $ 7,084 $ 7,913 $ 15,850 $ 16,377
Basic Earnings per Common Share $ 3.75 $ 4.17 $ 8.37 $ 8.63
Weighted Average Shares Outstanding – Basic 1,891 1,897 1,894 1,897
Diluted Earnings per Common Share $ 3.75 $ 4.17 $ 8.37 $ 8.63
Weighted Average Shares Outstanding – Diluted 1,891 1,897 1,894 1,898