| Dec'19 | Dec'18 | Dec'17 | Dec'16 | |||
|---|---|---|---|---|---|---|
Net premiums earned | ||||||
52,841 | 47,116 | 44,213 | 42,611 | |||
Net investment income | ||||||
3,185 | 2,890 | 2,632 | 1,967 | |||
Net realized investment gains (losses) | ||||||
1,200 | 975 | 1,064 | 249 | |||
Other-than-temporary impairment losses | ||||||
- | 16 | 57 | 212 | |||
Other (loss) income | ||||||
-53 | 196 | 325 | 254 | |||
Consolidated revenues | ||||||
59,524 | 51,163 | 48,178 | 44,870 | |||
Losses and settlement expenses | ||||||
33,714 | 31,262 | 29,009 | 24,344 | |||
Policy acquisition costs and other operating expenses | ||||||
20,020 | 18,214 | 17,307 | 15,848 | |||
Interest expense on debt | ||||||
128 | 140 | 225 | 226 | |||
General corporate expenses | ||||||
579 | 545 | 555 | 464 | |||
Total expenses | ||||||
54,443 | 50,164 | 47,098 | 40,883 | |||
(Loss) earnings before income taxes | ||||||
5,081 | 999 | 1,080 | 3,987 | |||
Income tax expense (benefit): | ||||||
Current | ||||||
568 | -234 | 197 | 986 | |||
Deferred | ||||||
218 | 340 | 175 | 190 | |||
Total income tax (benefit) expense | ||||||
787 | 106 | 372 | 1,176 | |||
Net (loss) earnings | ||||||
4,294 | 893 | 707 | 2,810 | |||
Net earnings | ||||||
4,294 | 893 | - | - | |||
Other comprehensive (loss) earnings, net of tax | ||||||
Unrealized gains and losses on investments: | ||||||
Unrealized holding gains (losses) arising during the period, net of income tax expense (benefit) of $617,319 in 2019 and $(810,701) in 2018 | ||||||
3,393 | -3,049 | 1,371 | 648 | |||
Reclassification adjustment for (gains) included in net income, net of income tax expense of $59,802 in 2019 and $201,561 in 2018 | ||||||
-224 | -758 | -664 | -24 | |||
Other comprehensive (loss), net of tax | ||||||
3,168 | -3,808 | 706 | 624 | |||
Comprehensive (loss) earnings | ||||||
7,462 | -2,914 | 1,414 | - | |||
Comprehensive (loss) earnings | ||||||
- | - | - | 3,434 | |||
Earnings per share: | ||||||
Basic: | ||||||
Basic net (loss) earnings per share | ||||||
1.43 | 0.29 | 0.22 | 0.89 | |||
Diluted: | ||||||
Diluted net (loss) earnings per share | ||||||
1.42 | 0.29 | 0.22 | 0.89 | |||
Weighted average number of common shares outstanding: | ||||||
Basic | ||||||
3,008 | 3,119 | 3,158 | 3,150 | |||
Diluted | ||||||
3,013 | 3,121 | 3,158 | 3,150 | |||