| Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 | Dec'11 | Dec'10 | Dec'09 |
|---|---|---|---|---|---|---|---|---|---|
Gross premiums written | |||||||||
663,015 | 604,156 | - | - | - | - | - | - | - | - |
Gross premiums written | |||||||||
- | - | 549,077 | 514,223 | 473,218 | 460,027 | 389,842 | 354,881 | 320,973 | - |
Gross premiums written | |||||||||
- | - | - | - | - | - | - | - | - | 287,558 |
Ceded premiums written | |||||||||
299,217 | 238,573 | 187,248 | 157,279 | 148,866 | 99,262 | 57,353 | 51,005 | 39,332 | 25,818 |
Net premiums written | |||||||||
363,798 | 365,583 | 361,829 | 356,944 | 324,352 | 360,765 | 332,489 | 303,876 | 281,641 | 261,740 |
Change in unearned premiums | |||||||||
- | - | -8,459 | -7,863 | -3,135 | -224 | -13,053 | - | - | - |
Change in unearned premiums | |||||||||
-711 | -4,546 | - | - | - | - | - | - | - | - |
Change in unearned premiums | |||||||||
- | - | - | - | - | - | - | -10,835 | -3,370 | -10,668 |
Net premiums earned | |||||||||
363,087 | 361,037 | 353,370 | 349,081 | 321,217 | 360,541 | 319,436 | 293,041 | 278,271 | 251,072 |
Investment income, net of expenses | |||||||||
18,232 | 18,874 | 16,342 | 13,969 | 12,383 | 12,884 | 15,293 | 15,880 | 14,849 | 14,947 |
Investment (losses) gains, net | |||||||||
-10,195 | -205 | - | - | - | - | - | - | - | - |
Other than temporary impairments | |||||||||
- | - | 2,888 | 3,323 | - | - | - | - | - | - |
Net realized gains | |||||||||
- | - | 2,519 | 5,826 | - | - | - | - | - | - |
Net realized gains (losses) | |||||||||
- | - | - | - | 134 | 10,540 | 1,943 | 3,633 | 8,402 | 3,032 |
Finance charges | |||||||||
5,115 | 3,867 | 4,977 | 5,952 | 5,279 | 5,830 | 5,957 | 6,826 | 7,054 | 5,874 |
Commissions and fees | |||||||||
2,928 | 1,679 | 1,427 | 213 | -1,694 | -487 | - | - | - | - |
Commission and fees | |||||||||
- | - | - | - | - | - | -1,145 | 3,175 | -1,575 | 12,011 |
Other income | |||||||||
101 | 269 | 205 | 684 | 47 | 120 | 316 | 216 | 59 | 103 |
Total revenues | |||||||||
379,268 | 385,521 | 375,952 | 372,402 | 337,366 | 389,428 | 341,800 | 322,771 | 307,060 | 287,039 |
Losses and loss adjustment expenses | |||||||||
256,028 | 288,308 | 253,688 | 230,149 | 210,055 | 261,345 | 226,414 | 239,235 | 202,544 | 153,619 |
Operating expenses | |||||||||
103,424 | 106,805 | 106,769 | 103,993 | 101,427 | 109,289 | 103,792 | 95,106 | 87,882 | 92,233 |
Interest expense | |||||||||
4,545 | 4,512 | 4,549 | 3,906 | 4,576 | 4,599 | 4,634 | 4,631 | 4,598 | 4,602 |
Amortization of intangible assets | |||||||||
2,468 | 2,468 | 2,468 | 2,468 | 2,526 | 3,115 | 3,586 | 3,586 | 3,665 | 3,328 |
Total expenses | |||||||||
366,465 | 402,093 | 367,474 | 340,516 | 318,584 | 378,348 | 338,426 | 342,558 | 298,689 | 253,782 |
Income before tax | |||||||||
12,803 | -16,572 | 8,478 | 31,886 | 18,782 | 11,080 | 3,374 | -19,787 | 8,371 | 33,257 |
Income tax expense | |||||||||
2,456 | -5,019 | 1,952 | 10,023 | 5,353 | 2,835 | -474 | -8,954 | 863 | 8,630 |
Net income | |||||||||
10,347 | -11,553 | 6,526 | 21,863 | 13,429 | 8,245 | 3,848 | -10,833 | 7,508 | 24,627 |
Less: Net income attributable to non-controlling interest | |||||||||
- | - | - | - | - | - | 324 | 58 | 105 | 52 |
Net income (loss) attributable to Hallmark Financial Services, Inc. | |||||||||
- | - | 6,526 | 21,863 | 13,429 | 8,245 | 3,524 | -10,891 | 7,403 | 24,575 |
Net income per share: | |||||||||
Basic (in dollars per share) | |||||||||
0.57 | -0.63 | 0.35 | 1.14 | 0.70 | 0.43 | 0.18 | -0.55 | 0.37 | 1.19 |
Diluted (in dollars per share) | |||||||||
0.57 | -0.63 | 0.34 | 1.13 | 0.69 | 0.43 | 0.18 | -0.55 | 0.37 | 1.19 |