ATLANTIC AMERICAN CORP AAME Income Statement

Atlantic american corp (AAME)

Income statement / Quarterly

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Sep'10	Jun'10
Revenue:
Insurance premiums, net
45,550	46,669	45,005	45,469	44,782	45,327	42,557	42,845	42,202	40,331	42,094	40,120	40,782	36,453	39,432	39,122	38,458	37,543	37,859	38,104	37,386	38,277	38,337	38,456	38,418	37,853	38,385	36,373	33,019	32,089	32,381	31,592	30,681	28,641	27,211	26,197	25,422	24,577	24,387
Investment income
-	-	-	-	-	-	-	-	-	-	-	2,085	2,159	2,361	2,453	2,563	2,507	2,538	2,456	2,494	2,597	2,492	2,678	2,599	2,598	-	2,534	2,774	-	-	-	-	-	-	-	-	-	-	-
Net investment income
2,039	2,145	2,187	2,313	2,334	2,438	2,215	2,537	2,359	-	2,136	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,905	2,886	2,880	2,855	2,883	2,675	2,652	2,691	2,569	2,302	2,576
Realized investment gains (losses), net
249	9	-430	610	1,385	4,357	484	-57	370	6,350	539	1,396	883	1,184	527	132	752	-249	7	4,148	951	130	848	485	108	326	2,283	5,454	678	6	0	470	958	-947	903	70	1	211	13
Unrealized gains (losses) on equity securities, net
-8,455	3,415	944	-5,337	6,489	-2,947	1,083	4,089	-4,419	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other income
27	51	39	72	28	25	31	29	28	28	29	31	35	31	35	37	30	25	37	26	15	20	793	46	36	49	45	47	48	41	41	36	29	35	34	115	63	56	111
Total revenue
39,410	52,289	47,745	43,127	55,018	49,200	46,370	49,443	40,540	48,825	44,798	43,632	43,859	40,029	42,447	41,854	41,747	39,857	40,359	44,772	40,949	40,919	42,656	41,586	41,160	40,824	43,247	44,648	36,650	35,022	35,302	34,953	34,551	30,404	30,800	29,073	28,055	27,146	27,087
Benefits and expenses:
Insurance benefits and losses incurred
33,583	35,048	34,719	34,151	35,307	34,172	33,087	32,219	33,172	30,069	30,417	27,032	29,997	24,495	26,955	26,922	24,825	25,103	24,637	26,383	25,241	25,204	27,094	27,069	26,828	25,225	26,786	24,999	23,362	21,761	22,289	23,095	22,672	19,461	19,301	18,221	16,631	16,451	17,425
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.
12,626	11,482	11,471	11,509	11,015	10,586	8,722	9,715	10,019	11,646	10,176	11,010	10,614	10,458	11,558	10,954	11,827	10,211	11,816	10,487	10,721	10,704	10,238	10,074	9,907	10,475	10,396	10,402	9,283	8,512	8,962	7,970	7,033	7,344	6,746	7,545	7,901	7,409	6,827
Interest expense
476	506	533	545	546	540	529	506	462	450	440	424	409	408	396	385	373	365	361	354	349	356	388	434	429	441	442	438	577	655	662	658	657	659	653	647	640	660	653
Other expense
2,952	3,612	2,766	2,511	2,865	3,627	2,960	2,970	3,238	3,773	3,134	2,981	3,186	3,194	3,221	3,236	3,346	4,034	3,180	3,359	3,628	3,317	3,349	3,023	3,003	3,240	2,934	2,746	2,417	2,542	2,433	2,376	2,469	2,353	2,332	2,328	2,255	2,045	2,119
Total benefits and expenses
49,637	50,648	49,489	48,716	49,733	48,925	45,298	45,410	46,891	45,938	44,167	41,447	44,206	38,555	42,130	41,497	40,371	39,713	39,994	40,583	39,939	39,581	41,069	40,600	40,167	39,381	40,558	38,585	35,639	33,470	34,346	34,099	32,831	29,817	29,032	28,741	27,427	26,565	27,024
Income (loss) before income taxes
-10,227	1,641	-1,744	-5,589	5,285	275	1,072	4,033	-6,351	2,887	631	2,185	-347	1,474	317	357	1,376	144	365	4,189	1,010	1,338	1,587	986	993	1,443	2,689	6,063	1,011	1,552	956	854	1,720	-	-	-	-	-	-
Income before income taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,768	332	-	-	-
Income before income taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	628	581	63
Income tax expense (benefit)
-2,140	371	-352	-1,163	1,123	74	138	848	-1,327	345	-116	725	-126	126	168	116	478	30	127	844	319	56	136	109	173	-17	9	103	89	638	-128	73	63	-338	64	140	159	56	-13
Net income (loss)
-8,087	1,270	-1,392	-4,426	4,162	201	934	3,185	-5,024	2,542	747	1,460	-221	1,348	149	241	898	114	238	3,345	691	1,282	1,451	877	820	1,460	2,680	5,960	922	914	1,084	781	1,657	925	1,704	192	469	525	76
Preferred stock dividends
99	100	100	100	99	100	100	100	99	100	100	100	99	100	100	100	99	100	100	100	99	115	117	118	118	118	118	119	127	127	127	127	127	127	127	127	127	127	127
Net income (loss) applicable to common shareholders
-8,186	1,170	-1,492	-4,526	4,063	101	834	3,085	-5,123	2,442	647	1,360	-320	1,248	49	141	799	14	138	3,245	592	1,167	1,334	759	702	1,342	2,562	5,841	795	787	957	654	1,530	798	1,577	65	342	398	-51
Loss per common share (basic and diluted) (in dollars per share)
-	-	-0.07	-	-	-	0.04	-	-	0.12	0.03	0.07	-0.02	0.06	0.00	0.01	0.04	-	0.01	-	0.03	-	0.06	-	0.03	-	-	-	0.04	-	-	-	0.07	-	-	0.00	0.02	0.02	0.00
Dividends per common share (in dollars per share)
-	-	-	-	-	-	-	-	-	-	0.00	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Earnings (loss) per common share (basic) (in dollars per share)
-0.40	-	-	-0.22	0.20	-	-	0.15	-0.25	-	-	-	-	-	-	-	-	-	-	0.16	-	-	-	0.04	-	-	0.12	0.27	-	-	0.05	0.03	-	-	0.07	-	-	-	-
Earnings (loss) per common share (diluted) (in dollars per share)
-0.40	-	-	-0.22	0.19	-	-	0.15	-0.25	-	-	-	-	-	-	-	-	-	-	0.15	-	-	-	0.04	-	-	0.12	0.26	-	-	0.04	0.03	-	-	0.07	-	-	-	-