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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Revenue:    
Insurance premiums $ 38,458 $ 37,386
Investment income 2,507 2,597
Realized investment gains, net 752 951
Other income 30 15
Total revenue 41,747 40,949
Benefits and expenses:    
Insurance benefits and losses incurred 24,825 25,241
Commissions and underwriting expenses 11,827 10,721
Interest expense 373 349
Other expense 3,346 3,628
Total benefits and expenses 40,371 39,939
Income before income taxes 1,376 1,010
Income tax expense 478 319
Net income 898 691
Preferred stock dividends (99) (99)
Net income applicable to common shareholders $ 799 $ 592
Earnings per common share (basic and diluted) (in dollars per share) $ 0.04 $ 0.03