| Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 | Dec'11 | Dec'10 |
|---|---|---|---|---|---|---|---|---|---|
REVENUES | |||||||||
Net premiums earned | |||||||||
59,883 | 60,856 | 61,163 | 61,398 | 59,462 | 56,653 | 52,366 | 51,815 | 56,243 | 61,263 |
Net Investment Income | |||||||||
3,876 | 3,941 | 3,647 | 3,892 | 3,462 | 3,823 | 3,746 | 4,191 | 4,261 | 5,089 |
Gain (Loss) on Investments | |||||||||
3,055 | -552 | 234 | - | - | - | - | - | - | - |
Net realized investment gains | |||||||||
- | - | - | 998 | 503 | 100 | 4,439 | 2,790 | 669 | 1,879 |
Gain on company owned life insurance | |||||||||
- | - | - | - | - | 3,256 | 0 | - | - | - |
Other income | |||||||||
585 | 612 | 596 | 605 | 623 | 560 | 609 | 720 | 919 | 1,161 |
Total Revenues | |||||||||
67,399 | 64,857 | 65,640 | 66,893 | 64,050 | 64,392 | 61,160 | 59,516 | 62,092 | 69,392 |
BENEFITS, LOSSES AND EXPENSES | |||||||||
Policyholder Benefits and Claims Incurred, Net | |||||||||
38,598 | 40,409 | 42,869 | 38,847 | 34,148 | 30,882 | 31,146 | 34,105 | 44,025 | 39,031 |
Amortization of deferred policy acquisition costs | |||||||||
3,459 | 3,597 | 3,589 | 3,506 | 3,510 | 3,590 | 3,613 | 3,711 | 4,020 | 3,944 |
Commissions | |||||||||
7,429 | 7,555 | 7,723 | 7,894 | 7,952 | 7,459 | 7,103 | 7,556 | 8,148 | - |
Commissions | |||||||||
- | - | - | - | - | - | - | - | - | -7,871 |
General and administrative expenses | |||||||||
9,698 | 8,839 | 8,821 | 8,996 | 8,615 | 9,428 | 8,443 | 8,754 | 8,834 | 10,672 |
Litigation settlement and defense costs | |||||||||
- | - | - | - | - | - | - | 13,328 | 1,626 | - |
Taxes, licenses and fees | |||||||||
2,470 | 2,157 | 2,445 | 2,204 | 2,086 | 2,137 | 1,846 | 1,846 | 1,885 | 2,081 |
Interest expense | |||||||||
1,165 | 1,235 | 1,307 | 1,352 | 1,392 | 1,521 | 1,686 | 1,280 | 1,153 | 1,156 |
Total Benefits, Losses and Expenses | |||||||||
62,819 | 63,792 | 66,754 | 62,799 | 57,703 | 55,017 | 53,837 | 70,580 | 69,691 | 64,755 |
Income (Loss) Before Income Taxes | |||||||||
4,580 | 1,065 | -1,114 | 4,094 | 6,347 | 9,375 | 7,323 | -11,064 | -7,599 | 4,637 |
INCOME TAX EXPENSE (BENEFIT) | |||||||||
Current | |||||||||
768 | -1,045 | -206 | -142 | 1,127 | 1,240 | 92 | 527 | -1,480 | 666 |
Deferred Income Tax Expense (Benefit) | |||||||||
-255 | 1,331 | 295 | 1,173 | 523 | 519 | 1,573 | -4,920 | -1,163 | 706 |
Total income tax expense | |||||||||
513 | 286 | 89 | 1,031 | 1,650 | 1,759 | 1,665 | -4,393 | -2,643 | 1,372 |
Net Income (Loss) | |||||||||
4,067 | 779 | -1,203 | 3,063 | 4,697 | 7,616 | 5,658 | -6,671 | -4,956 | 3,265 |
INCOME (LOSS) PER COMMON SHARE BASIC AND DILUTED (in dollars per share) | |||||||||
1.61 | 0.31 | -0.48 | 1.22 | 1.87 | 3.04 | 2.28 | -2.70 | -2.01 | 1.32 |
DIVIDENDS DECLARED PER SHARE (in dollars per share) | |||||||||
0.21 | 0.20 | 0.20 | 0.18 | 0.16 | 0.12 | 0.10 | 0.32 | 0.55 | 0.60 |