|
Income Statement for
UNITED AMERICA INDEMNITY LTD
(INDM)
|
|
|
|
|
|
|
| Income
[+]
|
in Thousands of Dollars |
|
| Loans |
- |
- |
- |
- |
- |
| Investment Securities |
- |
- |
- |
- |
- |
| Lease Financing Income |
- |
- |
- |
- |
- |
| Other Interest Income |
- |
- |
- |
- |
- |
| Federal Funds Sold/Purchased |
- |
- |
- |
- |
- |
| Interest Bearing Deposits |
- |
- |
- |
- |
- |
| Loans Held for Resale |
- |
- |
- |
- |
- |
| Trading Account Securities |
- |
- |
- |
- |
- |
| Time Deposits Placed |
- |
- |
- |
- |
- |
| Other Money Market Investments |
- |
- |
- |
- |
- |
| Total Money Market Investments |
- |
- |
- |
- |
- |
| Total Interest Income |
- |
- |
- |
- |
- |
| Deposits |
- |
- |
- |
- |
- |
| Short-Term Debt |
- |
- |
- |
- |
- |
| Long-Term Debt |
- |
- |
- |
- |
- |
| Federal Funds Sold/Purchased |
- |
- |
- |
- |
- |
| Capitalized Lease Obligations |
- |
- |
- |
- |
- |
| Other Interest Expense |
6,476 |
7,020 |
7,216 |
8,657 |
11,372 |
| Total Interest Income |
- |
- |
- |
- |
- |
| Total Interest Expense |
(6,476) |
(7,020) |
(7,216) |
(8,657) |
(11,372) |
| Net Interest Income |
(6,476) |
(7,020) |
(7,216) |
(8,657) |
(11,372) |
| Loan Loss Provision |
- |
- |
- |
- |
- |
| Net Interest Income After Loan Loss Provision |
(6,476) |
(7,020) |
(7,216) |
(8,657) |
(11,372) |
| Trust Fees by Commissions |
- |
- |
- |
- |
- |
| Service Charge on Deposit Accounts |
- |
- |
- |
- |
- |
| Other Service Charges |
- |
- |
- |
- |
- |
| Security Transactions |
- |
- |
- |
- |
- |
| Premiums Earned |
297,854 |
286,774 |
301,674 |
382,508 |
536,323 |
| Net Realized Capital Gains |
21,473 |
26,437 |
15,862 |
(50,259) |
968 |
| Investment Banking Profit |
53,112 |
56,623 |
70,214 |
67,830 |
77,341 |
| Other Non-Interest Income |
12,136 |
653 |
- |
- |
- |
| Non-Interest Income |
384,575 |
370,487 |
387,750 |
400,079 |
614,632 |
| Salaries and Employee Benefits |
13,528 |
21,127 |
16,752 |
- |
- |
| Net Occupancy Expense |
- |
- |
- |
- |
- |
| Promotion and Advertising |
- |
- |
- |
- |
- |
| Property/Liability Insurance Claims |
278,684 |
130,359 |
169,382 |
305,174 |
299,241 |
| Policy Acquisition Costs |
123,475 |
118,164 |
119,929 |
142,767 |
174,181 |
| Amortization of Deferred Policy Acquisition Costs |
- |
- |
- |
- |
- |
| Current and Future Benefits Expense |
- |
- |
- |
- |
- |
| Other Non-Interest Expense |
(422,163) |
(276,670) |
- |
17,942 |
12,272 |
| Income, Acquired in Process R&D |
- |
- |
- |
- |
- |
| Income, Restructuring and M&A |
- |
- |
- |
- |
- |
| Other Special Charges |
(422,110) |
(276,692) |
5,276 |
(96,449) |
- |
| Non-Interest Expense |
6,476 |
7,020 |
(306,063) |
(465,883) |
(485,694) |
| Special Income/Charges |
(422,110) |
(276,692) |
5,276 |
(96,449) |
- |
| Net Income Before Taxes |
(37,535) |
93,795 |
79,747 |
(170,910) |
117,566 |
| Premium Tax (Credit) |
- |
- |
- |
- |
- |
| Minority Interest |
- |
- |
- |
- |
- |
| Income Taxes |
(2,093) |
(8,892) |
(4,310) |
29,263 |
(18,680) |
| Net Income from Continuing Operations |
(39,628) |
84,903 |
75,437 |
(141,647) |
98,886 |
| Net Income from Discontinued Operations |
- |
- |
- |
87 |
31 |
| Net Income from Total Operations |
(39,628) |
84,903 |
75,437 |
(141,560) |
98,917 |
| Extraordinary Income/Loss |
- |
- |
- |
- |
- |
| Income from Cum. Effect of Acct Change |
- |
- |
- |
- |
- |
| Income from Tax Loss Carryforward |
- |
- |
- |
- |
- |
| Other Gains |
- |
- |
- |
- |
- |
| Total Net Income |
(39,628) |
84,903 |
75,437 |
(141,560) |
98,917 |
| Normalized Income |
382,482 |
361,595 |
70,161 |
(45,198) |
98,886 |
| Net Income Available for Common |
(39,628) |
84,903 |
75,437 |
(141,647) |
98,886 |
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| Results
[+]
|
in Dollars (Preferred Dividends in Thousands) |
|
|
| Dividends Paid Per Share |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
| Preferred Dividends |
- |
- |
- |
- |
- |
| Basic EPS from Continuing Operations |
-1.31 |
2.81 |
2.92 |
-8.64 |
5.34 |
| Basic EPS from Discontinued Operations |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
| Basic EPS from Total Operations |
-1.31 |
2.81 |
2.92 |
-8.64 |
5.34 |
| Basic EPS from Extraordinary Inc |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
| Basic EPS from Cum. Effect of Acct Chg |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
| Basic EPS from Tax Loss Carryforward |
- |
- |
- |
- |
- |
| Basic EPS from Other Gains(Loss) |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
| Basic EPS, Total |
-1.31 |
2.81 |
2.92 |
-8.64 |
5.34 |
|
| Basic Normalized Net Income/Share |
12.64 |
11.97 |
2.72 |
-2.76 |
5.34 |
|
| Diluted EPS from Continuing Operations |
-1.31 |
2.80 |
2.91 |
-8.64 |
5.30 |
| Diluted EPS from Discontinued Operations |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
| Diluted EPS from Total Operations |
-1.31 |
2.80 |
2.91 |
-8.64 |
5.30 |
| Diluted EPS from Extraordinary Inc |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
| Diluted EPS from Cum. Effect of Acct Chg |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
| Diluted EPS from Tax Loss Carryforward |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
| Diluted EPS from Other Gains(Loss) |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
| Diluted EPS, Total |
-1.31 |
2.80 |
2.91 |
-8.64 |
5.30 |
|
| Diluted Normalized Net Income/Share |
12.64 |
11.92 |
2.71 |
-2.76 |
5.30 |
| Revenues Year-to-Date |
384,575 |
370,487 |
387,750 |
400,079 |
614,632 |
| Income Year-to-Date from Total Operations |
(39,628) |
84,903 |
75,437 |
(141,560) |
98,917 |
| EPS Year-to-Date from Total Operations |
-1.31 |
2.80 |
2.91 |
-8.64 |
5.30 |
| Dividends Paid Per Share, Year-to-Date |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
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