Skip to main content

SAFETY INSURANCE GROUP INC

For the period ended Dec 31, 2023. Filed Feb 28, 2024.

View on SEC.gov

About 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 28, 2024

SAFT$104.27-0.1%Stored close · as of Nov 6, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

See the whole filing, with its images and exhibits

Statements of Changes in Shareholders’ Equity

Consolidated Statements of Changes in Shareholders’ Equit****y

​​​​​​​​​​​​​​​​​​​
​ · ​ · ​ · Accumulated · ​ · ​ · ​
​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · Other · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​
​ · ​ · ​ · ​ · ​ · Additional · ​ · Comprehensive · ​ · ​ · ​ · ​ · ​ · ​ · ​ · Total
​ · ​ · Common · ​ · Paid-in · ​ · (Loss) Income, · ​ · Retained · ​ · Treasury · ​ · Shareholders’
​ · ​ · Stock · ​ · Capital · ​ · Net of Taxes · ​ · Earnings · ​ · Stock · ​ · Equity
Balance at January 1, 2021​$178​​209,779​​53,527​​745,029​​(123,834)​$884,679
Net income​​—​​—​—​​130,710​​—​​130,710
Unrealized losses on securities available for sale, net of deferred federal income taxes​​—​—​​(28,948)​​—​​—​(28,948)
Restricted share awards issued​—​475​​—​​—​​—​475
Recognition of employee share-based compensation​​—​5,816​​—​​—​​—​5,816
Dividends paid and accrued​​—​​—​​—​(53,996)​​—​(53,996)
Acquisition of treasury stock​​—​​—​​—​​—​​(11,563)​​(11,563)
Balance at December 31, 2021​​178​​216,070​​24,579​​821,743​​(135,397)​​927,173
Net income​​—​​—​—​​46,561​​—​​46,561
Unrealized losses on securities available for sale, net of deferred federal income taxes​—​—​​(105,117)​​—​​—​(105,117)
Restricted share awards issued​​1​—​​—​​—​​—​1
Recognition of employee share-based compensation​​—​5,979​​—​​—​​—​5,979
Dividends paid and accrued​​—​​—​​—​(52,995)​​—​(52,995)
Reissuance of treasury stock​​—​​—​​—​​—​​5,000​5,000
Acquisition of treasury stock​​—​​—​​—​​—​​(14,603)​(14,603)
Balance at December 31, 2022​​179​​222,049​​(80,538)​815,309​​(145,000)​811,999
Net income​​—​​—​—​​18,875​​—​18,875
Unrealized gains on securities available for sale, net of deferred federal income taxes​—​—​​27,347​​—​​—​27,347
Restricted share awards issued​​—​—​​—​​—​​—​-
Recognition of employee share-based compensation​​—​4,331​​—​​—​​—​4,331
Dividends paid and accrued​​—​​—​​—​(52,992)​​—​(52,992)
Acquisition of treasury stock​​—​​—​​—​​—​​(5,293)​​(5,293)
Balance at December 31, 2023​$179​$226,380​$(53,191)​$781,192​$(150,293)​$804,267
ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.