• Filing Date: 2013-03-14
  • Form Type: 10-K
  • Description: Annual report
v2.4.0.6
Quarterly Results of Operations (Unaudited) (Details) (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 12 Months Ended
Dec. 31, 2012
Sep. 30, 2012
Jun. 30, 2012
Mar. 31, 2012
Dec. 31, 2011
Sep. 30, 2011
Jun. 30, 2011
Mar. 31, 2011
Dec. 31, 2010
Sep. 30, 2010
Jun. 30, 2010
Mar. 31, 2010
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Summarize unaudited quarterly results of operations                              
Net premiums earned $ 49,564 $ 30,603 $ 37,070 $ 40,431 $ 35,833 $ 18,530 $ 17,044 $ 16,674 $ 15,465 $ 15,084 $ 15,645 $ 16,241 $ 157,668 $ 88,081 $ 62,435
Total revenue 51,077 31,481 38,855 41,652 36,566 19,713 19,481 18,049 17,145 17,072 17,411 16,987 163,065 93,809 68,615
Losses and loss adjustment expenses 15,928 15,017 16,197 19,168 16,886 10,431 10,523 10,403 8,208 8,783 10,863 9,813 66,310 48,243 37,667
Policy acquisition and other underwriting expenses 6,240 6,611 6,243 6,836 7,557 3,529 2,780 4,263 4,188 3,730 2,668 4,292 25,930 18,129 14,878
Total expenses 30,012 26,356 26,846 30,271 28,543 16,407 15,660 16,794 14,277 14,534 15,417 15,801 113,485 77,404 60,029
Income before income taxes 21,065 5,125 12,009 11,381 8,023 3,306 3,821 1,255 2,868 2,538 1,994 1,186 49,580 16,405 8,586
Net income 13,101 2,826 7,262 6,968 4,796 2,074 2,301 793 1,785 1,657 1,282 698 30,157 9,964 5,422
Net Income available to common stockholders $ 13,065 $ 2,784 $ 7,199 $ 6,787 $ 4,578 $ 1,856 $ 1,940 $ 776 $ 1,785 $ 1,657 $ 1,282 $ 698 $ 29,835 $ 9,149 $ 5,422
Earnings per share:                              
Basic earnings per common share $ 1.27 $ 0.30 $ 0.85 $ 1.07 $ 0.74 $ 0.30 $ 0.32 $ 0.13 $ 0.29 $ 0.27 $ 0.21 $ 0.11 $ 3.45 $ 1.49 $ 0.88
Diluted earnings per common share $ 1.19 $ 0.27 $ 0.74 $ 0.88 $ 0.62 $ 0.27 $ 0.30 $ 0.12 $ 0.27 $ 0.25 $ 0.19 $ 0.10 $ 3.02 $ 1.34 $ 0.81