投资者不动产 2026年季度报告

FORM 10-Q QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March31, 2026 OR TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from___________________to___________________Commission File Number:0-11774 INVESTORS TITLE COMPANY (Exact name of registrant as specified in its charter) North Carolina56-1110199(State of incorporation)(I.R.S. Employer Identification No.) 121 North Columbia Street,Chapel Hill, North Carolina 27514(Address of principal executive offices)(Zip Code) (919) 968-2200(Registrant’s telephone number, including area code) Securities registered pursuant to Section 12(b) of the Securities Exchange Act of 1934: Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Actof 1934 during the preceding 12 months (or for such shorter period that the Registrant was required to file such reports), and (2) has been subject tosuch filing requirements for the past 90 days.Yes☒No☐ Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule405 of Regulation S-T (Section 232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required tosubmit such files). Yes☒No☐ Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reportingcompany, or an emerging growth company.See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and“emerging growth company” in Rule 12b-2 of the Exchange Act. Large accelerated filer☐Accelerated filer☒Non-accelerated filer☐Smaller reporting company☐Emerging growth company☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying withany new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.☐ Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes☐No☒ As of April27, 2026, there were 1,887,996 common shares of the registrant outstanding. INVESTORS TITLE COMPANYAND SUBSIDIARIES INDEX Item 1.Financial Statements (unaudited):Consolidated Balance Sheets as ofMarch31, 2026 and December31, 20251Consolidated Statements of Operations For theThree Months Ended March31, 2026 and 20252Consolidated Statements of Comprehensive Income For the ThreeMonths Ended March31, 2026 and 20253Consolidated Statements of Stockholders’ Equity For theThree Months Ended March31, 2026 and 20254Consolidated Statements of Cash Flows For theThree Months Ended March31, 2026 and 20255Notes to Consolidated Financial Statements7Item 2.Management's Discussion and Analysis of Financial Condition and Results of Operations23Item 3.Quantitative and Qualitative Disclosures About Market Risk35Item 4.Controls and Procedures35PART II.OTHER INFORMATIONItem 1.Legal Proceedings36Item 1A.Risk Factors36Item 2.Unregistered Sales of Equity Securities and Use of Proceeds36Item 3.Defaults Upon Senior Securities36Item 4.Mine Safety Disclosures36Item 5.Other Information36Item 6.Exhibits37SIGNATURE38 Investors Title Company and SubsidiariesConsolidated Balance SheetsAs of March31, 2026 and December31, 2025(in thousands)(unaudited) March 31,2026December 31,2025 Investors Title Company and SubsidiariesConsolidated Statements of OperationsFor the Three Months Ended March31, 2026 and 2025(in thousands, except per share amounts)(unaudited) Investors Title Company and SubsidiariesConsolidated Statements of Comprehensive IncomeFor the Three Months Ended March31, 2026 and 2025(in thousands)(unaudited) Investors Title Company and SubsidiariesConsolidated Statements of Stockholders’ EquityFor the Three Months Ended March31, 2026 and 2025(in thousands, except per share amounts)(unaudited) Investors Title Company and SubsidiariesConsolidated Statements of Cash FlowsFor the Three Months Ended March 31, 2026 and 2025(in thousands)(unaudited) Refer to notes to the Consolidated Financial Statements. INVESTORS TITLE COMPANYAND SUBSIDIARIESNotes to Consolidated Financial StatementsMarch31, 2026(unaudited) Note 1 –Basis of Presentation and Significant Accounting Policies Reference should be made to the “Notes to Consolidated Financial Statements” appearing in the Annual Report on Form 10-K forthe year ended December31, 2025 of Investors Title Company (the “Company”) for a complete description of the Company’ssignificant accounting policies. Principles of Consolidation– The accompanying unaudited Consolidated Financial Statements include the accounts andoperations of Investors Title Company and its subsidiaries, and have been prepared in accordance with accounting principles