SAFETY INSURANCE GROUP INC
For the period ended Dec 31, 2024. Filed Feb 27, 2025.
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.
FY2024 · Filed Feb 27, 2025
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 exhibitsContents
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, 2022 | | $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 | |||
| 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 | ||
| Net income | | | — | | | — | | — | | | 70,734 | | | — | | 70,734 | ||
| Unrealized gains on securities available for sale, net of deferred federal income taxes | | — | | — | | | 2,144 | | | — | | | — | | 2,144 | |||
| Restricted share awards issued | | | 1 | | — | | | — | | | — | | | — | | 1 | ||
| Recognition of employee share-based compensation | | | — | | 4,484 | | | — | | | — | | | — | | 4,484 | ||
| Dividends paid and accrued | | | — | | | — | | | — | | (53,166) | | | — | | (53,166) | ||
| Balance at December 31, 2024 | | $180 | | $230,864 | | $(51,047) | | $798,760 | | $(150,293) | | $828,464 | ||||||
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.