AMERISAFE INC
For the period ended Dec 31, 2023. Filed Feb 23, 2024.
View on SEC.govAbout this filing
A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2023 · Filed Feb 23, 2024
AMSF$19.63+0.2%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statements of Changes in Shareholders’ Equity
| Common Stock · Treasury Stock | ||||||||
|---|---|---|---|---|---|---|---|---|
| Shares | Amount | AdditionalPaid-InCapital | Shares | Amounts | AccumulatedEarnings | Accumulated OtherComprehensiveIncome (Loss) | Total | |
| Balance at December 31, 2020 | 20,589,309 | $206 | $215,316 | (1,258,250) | $(22,370) | $224,645 | $21,019 | 438,816 |
| Comprehensive income: | ||||||||
| Net income | — | — | — | — | — | 65,756 | — | 65,756 |
| Other comprehensive income: | ||||||||
| Change in unrealized gains on debt securities, net of tax | — | — | — | — | — | — | (7,482) | (7,482) |
| Comprehensive income | — | — | — | — | — | — | — | 58,274 |
| Common stock issued | 32,995 | — | 1,563 | — | — | — | — | 1,563 |
| Share-based compensation | — | — | 579 | — | — | — | — | 579 |
| Dividends to shareholders | — | — | — | — | — | (99,909) | — | (99,909) |
| Balance at December 31, 2021 | 20,622,304 | $206 | $217,458 | (1,258,250) | $(22,370) | $190,492 | $13,537 | $399,323 |
| Comprehensive income: | ||||||||
| Net income | — | — | — | — | — | 55,602 | — | 55,602 |
| Other comprehensive income: | ||||||||
| Change in unrealized gains on debt securities, net of tax | — | — | — | — | — | — | (27,365) | (27,365) |
| Comprehensive income | — | — | — | — | — | — | — | 28,237 |
| Common stock issued | 56,268 | 1 | 1,970 | — | — | — | — | 1,971 |
| Purchase of treasury stock | - | — | — | (264,449) | (12,388) | — | — | (12,388) |
| Share-based compensation | — | — | 871 | — | — | — | — | 871 |
| Dividends to shareholders | — | — | — | — | — | (100,582) | — | (100,582) |
| Balance at December 31, 2022 | 20,678,572 | $207 | $220,299 | (1,522,699) | $(34,758) | $145,512 | $(13,828) | $317,432 |
| Comprehensive income: | ||||||||
| Net income | — | — | — | — | — | 62,108 | — | 62,108 |
| Other comprehensive income: | ||||||||
| Change in unrealized losses on debt securities, net of tax | — | — | — | — | — | — | 6,634 | 6,634 |
| Comprehensive income | — | — | — | — | — | — | — | 68,742 |
| Common stock issued | 25,876 | — | 779 | — | — | — | — | 779 |
| Purchase of treasury stock | — | — | — | (46,741) | (2,171) | — | — | (2,171) |
| Share-based compensation | — | — | 1,000 | — | — | — | — | 1,000 |
| Dividends to shareholders | — | — | — | — | — | (93,331) | — | (93,331) |
| Balance at December 31, 2023 | 20,704,448 | $207 | $222,078 | (1,569,440) | $(36,929) | $114,289 | $(7,194) | $292,451 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.