| Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 | Dec'11 | Dec'10 |
|---|---|---|---|---|---|---|---|---|---|
Revenue: | |||||||||
Insurance premiums, net | |||||||||
181,925 | 172,931 | 163,327 | 153,465 | 150,892 | 153,488 | 145,630 | 126,743 | 107,471 | 97,613 |
Investment income | |||||||||
- | - | - | 9,884 | 10,085 | 10,367 | 10,809 | - | - | - |
Net investment income | |||||||||
8,979 | 9,549 | 8,496 | - | - | - | - | 11,504 | 10,587 | 9,737 |
Realized investment gains (losses), net | |||||||||
1,574 | 5,154 | 9,168 | 2,595 | 4,857 | 1,571 | 8,741 | 1,434 | 27 | -741 |
Unrealized gains (losses) on equity securities, net | |||||||||
5,511 | -2,194 | 0 | - | - | - | - | - | - | - |
Other income | |||||||||
190 | 113 | 123 | 133 | 103 | 895 | 189 | 147 | 247 | 280 |
Total revenue | |||||||||
198,179 | 185,553 | 181,114 | 166,077 | 165,937 | 166,321 | 165,369 | 139,828 | 118,332 | 106,889 |
Benefits and expenses: | |||||||||
Insurance benefits and losses incurred | |||||||||
139,225 | 132,650 | 117,515 | 103,197 | 101,364 | 106,195 | 100,372 | 89,817 | 73,614 | 66,854 |
This element represents the direct and indirect costs incurred during the period related to the acquisition or renewal of insurance contracts and other operating costs and expense items associated with the entity's normal revenue producing operation. | |||||||||
45,477 | 39,042 | 43,446 | 44,797 | 43,235 | 40,923 | 40,556 | 32,477 | 29,536 | 28,099 |
Interest expense | |||||||||
2,130 | 2,037 | 1,723 | 1,562 | 1,429 | 1,607 | 1,898 | 2,632 | 2,599 | 2,612 |
Other expense | |||||||||
11,754 | 12,795 | 13,074 | 12,997 | 14,201 | 12,692 | 11,337 | 9,820 | 9,268 | 8,703 |
Total benefits and expenses | |||||||||
198,586 | 186,524 | 175,758 | 162,553 | 160,229 | 161,417 | 154,163 | 134,746 | 115,017 | 106,268 |
Income (loss) before income taxes | |||||||||
-407 | -971 | 5,356 | 3,524 | 5,708 | 4,904 | 11,206 | 5,082 | 3,315 | - |
Income before income taxes | |||||||||
- | - | - | - | - | - | - | - | - | 621 |
Income tax expense (benefit) | |||||||||
-21 | -267 | 828 | 888 | 1,320 | 474 | 184 | 646 | 25 | -369 |
Net income (loss) | |||||||||
-386 | -704 | 4,528 | 2,636 | 4,388 | 4,430 | 11,022 | 4,436 | 3,290 | 990 |
Preferred stock dividends | |||||||||
399 | 399 | 399 | 399 | 399 | 468 | 482 | 508 | 508 | 508 |
Net income (loss) applicable to common shareholders | |||||||||
-785 | -1,103 | 4,129 | 2,237 | 3,989 | 3,962 | 10,540 | 3,928 | 2,782 | 482 |
Loss per common share (basic and diluted) (in dollars per share) | |||||||||
-0.04 | -0.05 | 0.20 | 0.11 | 0.19 | 0.19 | - | - | - | - |
Earnings (loss) per common share (basic) (in dollars per share) | |||||||||
- | - | - | - | - | - | 0.50 | 0.19 | 0.13 | 0.02 |
Earnings (loss) per common share (diluted) (in dollars per share) | |||||||||
- | - | - | - | - | - | 0.48 | 0.18 | 0.12 | 0.02 |