Segment Information

6 Months Ended

Jun. 30, 2011

Segment Information

Segment Information

Note 4 – Segment Information

The Company has one reportable segment, title insurance services.  The remaining immaterial segments have been combined into a group called "All Other."

The title insurance segment primarily issues title insurance policies through approved attorneys from underwriting offices and through independent issuing agents. Title insurance policies insure titles to real estate.

Provided below is selected financial information about the Company's operations by segment for the periods ended June 30, 2011 and 2010:

Three Months Ended June 30, 2011	Title Insurance		All Other			Intersegment Eliminations			Total
Operating revenues	$	21,809,129	$	1,082,802		$	(198,611	)	$	22,693,320
Investment income		773,973		125,263			(20,418	)		878,818
Net realized gain on investments		145,144		1,931			-			147,075
Total revenues	$	22,728,246	$	1,209,996		$	(219,029	)	$	23,719,213
Operating expenses		20,610,222		1,268,797			(198,611	)		21,680,408
Income (loss) before income taxes	$	2,118,024	$	(58,801	)	$	(20,418	)	$	2,038,805
Total assets	$	116,889,860	$	36,502,150		$	-		$	153,392,010

Three Months Ended
June 30, 2010
Operating revenues	$	14,105,259	$	1,068,601	$	(196,726	)	$	14,977,134
Investment income		797,149		139,121		(20,418	)		915,852
Net realized gain on investments		259,293		66,487		-			325,780
Total revenues	$	15,161,701	$	1,274,209	$	(217,144	)	$	16,218,766
Operating expenses		12,342,992		1,069,940		(196,726	)		13,216,206
Income before income taxes	$	2,818,709	$	204,269	$	(20,418	)	$	3,002,560
Total assets	$	103,957,299	$	41,641,287	$	-		$	145,598,586

Six Months Ended June 30, 2011	Title Insurance		All Other			Intersegment Eliminations			Total
Operating revenues	$	39,996,441	$	2,254,586		$	(408,899	)	$	41,842,128
Investment income		1,564,946		254,079			(40,835	)		1,778,190
Net realized gain (loss) on investments		124,609	$	(3,694	)		-			120,915
Total revenues	$	41,685,996	$	2,504,971		$	(449,734	)	$	43,741,233
Operating expenses		38,137,759		2,627,361			(408,899	)		40,356,221
Income (loss) before income taxes	$	3,548,237	$	(122,390	)	$	(40,835	)	$	3,385,012
Total assets	$	116,889,860	$	36,502,150		$	-		$	153,392,010
Six Months Ended
June 30, 2010
Operating revenues	$	26,039,165	$	2,096,978		$	(393,370	)	$	27,742,773
Investment income		1,567,336		295,973			(40,835	)		1,822,474
Net realized gain on investments		303,096		47,834			-			350,930
Total revenues	$	27,909,597	$	2,440,785		$	(434,205	)	$	29,916,177
Operating expenses		25,008,822		2,282,750			(393,370	)		26,898,202
Income before income taxes	$	2,900,775	$	158,035		$	(40,835	)	$	3,017,975
Total assets	$	103,957,299	$	41,641,287		$	-		$	145,598,586