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<PAGE>
Securities and Exchange Commission
Washington, D.C. 20549
Form 10-Q/A
(Mark One)
[x] Quarterly Report Pursuant to Section 13 of the Securities Exchange Act of
1934 For the Quarterly Period Ended March 31, 1995.
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 No. 0-15341
Donegal Group Inc.
(Exact name of registrant as specified in its charter)
Delaware 23-2424711
(State or other jurisdiction of (I.R.S. Employer
incorporation or organization) Identification No.)
1195 River Road, P.O. Box 302, Marietta, PA 17547-0302
(Address of principal executive offices, including zip code)
(717) 426-1931
(Registrant's telephone number, including area code)
------------------------------------------------------------------
(Former name, former address and former fiscal year, if changed
since last report)
Indicate by check mark whether registrant (1) has filed all reports
required to be filed by Section 13 or 15(d) of the Securities Exchange Act of
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 to such
filing requirements for the past 90 days. Yes _x_ . _ No_ .
Applicable Only to Issuers Involved in Bankruptcy
Proceedings During the Preceding Five Years:
Indicate by check mark whether the registrant has filed all documents and
reports required by Sections 12, 13, or 15(d) of the Securities Exchange Act of
1934 subsequent to the distribution of securities under a plan confirmed by a
court. Yes __. No __.
Applicable Only to Corporate Issuers:
Indicate the number of shares outstanding of each of the issuer's classes
of common stock, as of the latest practicable date: 4,115,226 shares of Common
Stock, $1.00 par value, outstanding on April 30, 1995.
<PAGE>
Part II. Other Information
Item 1. Legal Proceedings
None.
Item 2. Changes in Securities
None.
Item 3. Defaults upon Senior Securities
None.
Item 4. Submission of Matters to a Vote of Security Holders
None.
Item 5. Other Information
None.
Item 6. Exhibits and Reports on Form 8-K
(a) EX-27 Financial Data Schedule
(b) Reports on Form 8-K
During the quarter ended March 31, 1995, Registrant did not
file any reports on Form 8-K.
-10-
<PAGE>
Signatures
Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized.
Donegal Group Inc.
Date: July 20, 1995 By: s/ Donald H. Nikolaus
--------------------------------------
Donald H. Nikolaus,
President and
Chief Executive Officer
Date: July 20, 1995 By: s/ Ralph G. Spontak
--------------------------------------
Ralph G. Spontak,
Corporate Secretary,
Senior Vice President and
Chief Financial Officer
-11-
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<PERIOD-TYPE> YEAR
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<PERIOD-END> DEC-31-1994
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<DEBT-CARRYING-VALUE> 65,451,109
<DEBT-MARKET-VALUE> 62,888,194
<EQUITIES> 4,190,316
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<TOTAL-INVEST> 135,652,255
<CASH> 1,263,764
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0
0
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73,197,868
<INVESTMENT-INCOME> 7,349,453
<INVESTMENT-GAINS> (74,114)
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<BENEFITS> 49,596,591
<UNDERWRITING-AMORTIZATION> 12,055,000
<UNDERWRITING-OTHER> 9,878,430
<INCOME-PRETAX> 8,150,982
<INCOME-TAX> 2,063,031
<INCOME-CONTINUING> 6,087,951
<DISCONTINUED> 0
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> 6,087,951
<EPS-PRIMARY> 1.46
<EPS-DILUTED> 1.46
<RESERVE-OPEN> 52,298,000
<PROVISION-CURRENT> 51,671,000
<PROVISION-PRIOR> (2,075,000)
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<RESERVE-CLOSE> 58,667,000
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<TABLE> <S> <C>
<ARTICLE> 7
<S> <C>
<PERIOD-TYPE> 3-MOS
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<PERIOD-END> MAR-31-1995
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<COMMON> 4,180,274
0
0
<OTHER-SE> 59,721,611
<TOTAL-LIABILITY-AND-EQUITY> 194,561,881
19,492,919
<INVESTMENT-INCOME> 2,086,992
<INVESTMENT-GAINS> 24,106
<OTHER-INCOME> 425,751
<BENEFITS> 12,074,738
<UNDERWRITING-AMORTIZATION> 3,158,000
<UNDERWRITING-OTHER> 3,170,586
<INCOME-PRETAX> 3,013,718
<INCOME-TAX> 835,536
<INCOME-CONTINUING> 2,178,182
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<EPS-PRIMARY> .52
<EPS-DILUTED> .52
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</TABLE>
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