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Consolidated Balance Sheets - USD ($)
Jun. 30, 2015
Dec. 31, 2014
Investments in securities:    
Fixed maturities, available-for-sale, at fair value (amortized cost: 2015: $98,460,680; 2014: $104,421,050) $ 101,686,777 $ 109,048,290
Equity securities, available-for-sale, at fair value (cost: 2015: $24,495,731; 2014: $24,128,753) 38,237,742 39,254,981
Short-term investments 8,588,140 2,576,993
Other investments 8,397,014 8,530,929
Total investments 156,909,673 159,411,193
Cash and cash equivalents 18,823,257 15,826,515
Premium and fees receivable 9,380,604 8,544,183
Accrued interest and dividends 1,039,031 1,063,837
Prepaid expenses and other assets 7,925,283 7,732,677
Property, net 6,121,707 5,460,805
Total Assets 200,199,555 198,039,210
Liabilities:    
Reserves for claims 38,125,000 36,677,000
Accounts payable and accrued liabilities 16,900,157 18,290,819
Current income taxes payable 423,908 92,192
Deferred income taxes, net 5,091,797 5,415,493
Total liabilities 60,540,862 60,475,504
Commitments and Contingencies 0 0
Stockholders' Equity:    
Preferred stock (1,000,000 authorized shares; no shares issued) 0 0
Common stock - no par value (10,000,000 authorized shares; 2,001,030 and 2,023,270 shares issued and outstanding 2015 and 2014, respectively, excluding 291,676 shares for 2015 and 2014 of common stock held by the Company's subsidiary) 1 1
Retained earnings 128,634,895 124,707,196
Accumulated other comprehensive income 11,023,797 12,856,509
Total stockholders' equity 139,658,693 137,563,706
Total Liabilities and Stockholders' Equity $ 200,199,555 $ 198,039,210