For full color images it is ok.
I saw the same affect happens also when trying to composite one small image over the b/w source.
I was using php lib, but also tried with this command:
Code: Select all
convert in2.jpg -background Orange label:'Faerie Dragon' +swap -gravity Center -append out2.jpg
Unfortunately I don't see a way to attach files here

I'm using up to date Ubuntu 14.04.4 LTS with imagick from package.
Version: ImageMagick 6.7.7-10 2016-06-01 Q16