| Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 | Dec'11 | Dec'10 | Dec'09 |
|---|---|---|---|---|---|---|---|---|---|---|
REVENUES | ||||||||||
Premium earned | ||||||||||
- | - | - | - | - | - | - | - | - | - | 40,050 |
Premium ceded | ||||||||||
- | - | - | - | - | - | - | - | - | - | 9,276 |
Net premium earned | ||||||||||
26,737 | 28,754 | 32,343 | 31,356 | 29,573 | 26,373 | 26,862 | 27,318 | 26,723 | 28,152 | 30,774 |
Investment income | ||||||||||
2,097 | 1,907 | 1,289 | 880 | 478 | 161 | 331 | 1,527 | 2,896 | 3,489 | 4,325 |
Net realized investments gains (losses) | ||||||||||
-12 | 0 | 0 | -1 | -7 | 0 | 0 | - | - | - | - |
Other income (loss) | ||||||||||
123 | 365 | 338 | 217 | 375 | 931 | 611 | 490 | 1,171 | 692 | 836 |
Total Insurance Company Operation | ||||||||||
28,945 | 31,028 | 33,972 | 32,453 | 30,420 | 27,466 | 27,806 | 29,336 | 30,791 | 32,334 | 35,936 |
Gross commissions and fees | ||||||||||
2,176 | 2,429 | 2,744 | 2,738 | 2,773 | 2,917 | 3,239 | 3,339 | 3,698 | 4,491 | 5,301 |
Investment income | ||||||||||
0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 1 | 3 | 1 |
Finance fees earned | ||||||||||
239 | 144 | 74 | 68 | 65 | 67 | 76 | 70 | 70 | 276 | 369 |
Other income | ||||||||||
10 | 9 | 0 | 6 | 3 | 18 | 7 | 10 | 13 | 14 | 8 |
Total Revenues | ||||||||||
31,372 | 33,612 | 36,791 | 35,267 | 33,264 | 30,470 | 31,130 | 32,756 | 34,576 | 37,120 | 41,617 |
EXPENSES | ||||||||||
Losses and loss adjustment expenses | ||||||||||
22,576 | 23,557 | 30,490 | 22,826 | 19,163 | 14,617 | 16,089 | 15,233 | 14,387 | 18,470 | 19,545 |
Policy acquisition costs | ||||||||||
4,960 | 5,908 | 6,463 | 6,895 | 6,465 | 5,986 | 6,032 | 6,744 | 7,080 | 7,282 | 7,612 |
Salaries and employee benefits | ||||||||||
4,067 | 4,592 | 5,843 | 4,926 | 4,853 | 4,992 | 5,010 | 5,179 | 4,334 | 4,317 | 5,200 |
Commissions to agents/brokers | ||||||||||
173 | 176 | 166 | 161 | 166 | 192 | 232 | 236 | 225 | 637 | 1,089 |
Other operating expenses | ||||||||||
2,844 | 3,303 | 3,707 | 2,571 | 4,351 | 3,385 | 2,526 | 2,508 | 2,798 | 3,192 | 4,004 |
Total Expenses | ||||||||||
34,622 | 37,539 | 46,671 | 37,381 | 34,999 | 29,173 | 29,890 | 29,901 | 28,826 | 33,900 | 37,453 |
Loss Before Income Taxes | ||||||||||
-3,249 | -3,926 | -9,880 | -2,114 | -1,734 | 1,296 | 1,240 | 2,855 | 5,750 | - | - |
Income Before Taxes | ||||||||||
- | - | - | - | - | - | - | - | - | 3,220 | 4,163 |
Income Tax Benefit | ||||||||||
-134 | -757 | -1,155 | -709 | -552 | 450 | 637 | 901 | 2,010 | 891 | 1,236 |
Net Loss | ||||||||||
-3,115 | -3,169 | -8,724 | -1,404 | -1,182 | 846 | 603 | 1,953 | 3,739 | 2,329 | 2,927 |
PER SHARE DATA: | ||||||||||
Basic | ||||||||||
Loss per share | ||||||||||
-0.59 | -0.60 | -1.64 | -0.26 | -0.22 | 0.16 | 0.11 | 0.37 | 0.70 | 0.44 | 0.53 |
Weighted average shares | ||||||||||
5,306 | 5,307 | 5,307 | 5,307 | 5,335 | 5,341 | 5,341 | 5,339 | 5,335 | 5,312 | 5,507 |
Diluted | ||||||||||
Loss per share | ||||||||||
-0.59 | -0.60 | -1.64 | - | - | - | - | - | - | - | - |
Loss per share | ||||||||||
-0.59 | -0.60 | -1.64 | -0.26 | -0.22 | 0.16 | 0.11 | 0.36 | 0.70 | 0.44 | 0.53 |
Weighted average shares | ||||||||||
5,306 | 5,307 | 5,307 | 5,307 | 5,335 | 5,346 | 5,344 | 5,352 | 5,358 | 5,351 | 5,547 |