Protective insurance corp (PTVCA)
Income statement / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09
Revenues
Net premiums earned

447,288

432,880

328,145

276,011

263,335

261,627

252,743

237,461

244,570

214,738

181,300

Net investment income

26,249

22,048

18,095

14,483

12,498

9,055

8,770

9,930

10,729

11,335

13,971

Amount of fees and commissions from financial services and banking activities and correspondent clearing. Includes fees from depositor accounts, credit cards, merchant discounts, and fiduciary and trust activities, guarantee fees, investment advisory, management, and administrative fees, transfer agent fees, insurance commissions, and income classified as other.

9,171

9,932

5,308

5,275

5,703

6,430

-

-

-

-

-

Commissions and other income

-

-

-

-

-

-

5,944

5,722

6,098

6,911

6,562

Net realized gains (losses) on investments, excluding impairment losses

2,455

-6,632

7,366

26,498

6,439

15,619

24,257

9,899

-15,897

16,527

-33,662

Impairment losses on investments

497

19

149

5,743

7,700

689

744

894

1,987

42

-2,846

Net unrealized gains (losses) on equity securities and limited partnership investments

10,931

-19,040

12,469

2,473

-

-

-

-

-

-

-

Net realized and unrealized gains (losses) on investments

12,889

-25,691

19,686

23,228

-

-

-

-

-

-

-

Portion of other-than-temporary impairment losses recognized in other comprehensive income

-

-

-

-

-

-

-2

-6

-

-

-

Portion of other-than-temporary impairment losses recognized in other comprehensive income

-

-

-

-

-

-

-

-

-81

0

0

Net realized gains (losses) on investments

-

-

-

-

-1,261

14,930

23,515

9,011

-17,803

16,485

30,816

Total revenues

495,597

439,169

371,234

318,997

280,275

292,042

290,972

262,124

243,594

249,469

232,649

Expenses
Losses and loss expenses incurred

348,468

345,864

247,518

186,481

155,750

159,596

150,701

138,088

215,555

145,952

99,351

Other operating expenses

138,456

137,177

113,594

89,462

90,573

88,048

85,361

77,430

73,328

68,704

69,032

Total expenses

486,924

483,041

361,112

275,943

246,323

247,644

236,062

215,518

288,883

214,656

168,383

Income (loss) before federal income tax expense (benefit)

8,673

-43,872

10,122

43,054

33,952

-

-

-

-

-

-

Income (loss) before federal income taxes (benefits)

-

-

-

-

-

44,398

54,910

46,606

-45,289

34,813

64,266

Federal income tax expense (benefit)

1,326

-9,797

-8,201

14,109

10,669

14,681

18,322

14,687

-17,114

9,798

19,464

Net income

7,347

-34,075

18,323

28,945

23,283

29,717

36,588

31,919

-28,175

25,015

44,802

Per share data:
Basic and diluted earnings (loss) (in dollars per share)

0.50

-2.28

1.21

1.92

1.55

1.98

2.45

2.15

-1.90

1.69

-

Diluted earnings (losses) (in dollars per share)

-

-

-

-

-

-

-

-

-

-

3.04

Basic earnings (losses) (in dollars per share)

-

-

-

-

-

-

-

-

-

-

3.04

Dividends paid to shareholders (in dollars per share)

-

-

-

1.04

-

-

-

-

-

2.25

1.00