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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
REVENUES        
Net premiums earned $ 15,172 $ 14,990 $ 30,127 $ 29,708
Net investment income 961 957 1,925 1,919
Investment gains (losses) 548 117 (442) 2,237
Other income 143 146 288 292
Total Revenues 16,824 16,210 31,898 34,156
BENEFITS, LOSSES AND EXPENSES        
Policyholder benefits and settlement expenses 16,736 10,900 27,319 19,923
Amortization of deferred policy acquisition costs 848 839 1,913 1,819
Commissions 2,047 1,978 4,122 4,011
General and administrative expenses 2,493 2,416 3,887 4,748
Taxes, licenses and fees 594 599 1,315 1,286
Interest expense 199 291 460 586
Total Benefits, Losses and Expenses 22,917 17,023 39,016 32,373
Income (Loss) Before Income Taxes (6,093) (813) (7,118) 1,783
INCOME TAX EXPENSE (BENEFIT)        
Current (1,280) (148) (1,333) 97
Deferred (87) (78) (199) (170)
Total income tax expense (1,367) (226) (1,532) (73)
Net Income (Loss) $ (4,726) $ (587) $ (5,586) $ 1,856
INCOME (LOSS) PER COMMON SHARE BASIC AND DILUTED (in dollars per share) $ (1.87) $ (0.23) $ (2.21) $ 0.73
DIVIDENDS DECLARED PER SHARE (in dollars per share) $ 0.06 $ 0.05 $ 0.12 $ 0.10