Segment Information

9 Months Ended

Sep. 30, 2011

Segment Information [Abstract]

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 September 30, 2011 and 2010:

Three Months Ended September 30, 2011		Title Insurance		All Other		Intersegment Eliminations		Total
Operating revenues	$	24,501,862	$	1,128,526	$	(200,486)	$	25,429,902
Investment income		783,495		123,977		(20,417)		887,055
Net realized loss on investments		(179,016)		(21,071)		-		(200,087)
Total revenues	$	25,106,341	$	1,231,432	$	(220,903)	$	26,116,870
Operating expenses		21,620,657		1,235,234		(200,486)		22,655,405
Income (loss) before income taxes	$	3,485,684	$	(3,802)	$	(20,417)	$	3,461,465
Total assets	$	118,905,284	$	36,591,725	$	-	$	155,497,009
Three Months Ended
September 30, 2010
Operating revenues	$	17,402,778	$	1,066,743	$	(197,727)	$	18,271,794
Investment income		794,078		161,093		(20,417)		934,754
Net realized loss on investments		(41,277)		(3,587)		-		(44,864)
Total revenues	$	18,155,579	$	1,224,249	$	(218,144)	$	19,161,684
Operating expenses		15,987,300		1,364,010		(197,727)		17,153,583
Income (loss) before income taxes	$	2,168,279	$	(139,761)	$	(20,417)	$	2,008,101
Total assets	$	109,070,835	$	41,686,534	$	-	$	150,757,369

Nine Months Ended September 30, 2011		Title Insurance		All Other		Intersegment Eliminations		Total
Operating revenues	$	64,498,303	$	3,383,112	$	(609,385)	$	67,272,030
Investment income		2,348,441		378,056		(61,252)		2,665,245
Net realized loss on investments		(54,407)		(24,765)		-		(79,172)
Total revenues	$	66,792,337	$	3,736,403	$	(670,637)	$	69,858,103
Operating expenses		59,758,416		3,862,595		(609,385)		63,011,626
Income (loss) before income taxes	$	7,033,921	$	(126,192)	$	(61,252)	$	6,846,477
Total assets	$	118,905,284	$	36,591,725	$	-	$	155,497,009
Nine Months Ended
September 30, 2010
Operating revenues	$	43,441,943	$	3,163,721	$	(591,097)	$	46,014,567
Investment income		2,361,414		457,066		(61,252)		2,757,228
Net realized gain on investments		261,819		44,247		-		306,066
Total revenues	$	46,065,176	$	3,665,034	$	(652,349)	$	49,077,861
Operating expenses		40,996,122		3,646,760		(591,097)		44,051,785
Income before income taxes	$	5,069,054	$	18,274	$	(61,252)	$	5,026,076
Total assets	$	109,070,835	$	41,686,534	$	-	$	150,757,369