XML 12 R2.htm IDEA: XBRL DOCUMENT v3.21.2
Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2021
Dec. 31, 2020
Assets:    
Cash and cash equivalents $ 48,510 $ 13,723
Investments in securities:    
Fixed maturity securities, available-for-sale, at fair value (amortized cost: September 30, 2021: $77,714; December 31, 2020: $112,037) 82,306 117,713
Equity securities, at fair value (cost: September 30, 2021: $29,818; December 31, 2020: $32,478) 69,525 64,919
Short-term investments 51,231 15,170
Other investments 15,957 15,493
Total investments 219,019 213,295
Premiums and fees receivable 22,939 19,427
Accrued interest and dividends 990 1,038
Prepaid expenses and other receivables 13,745 9,418
Property, net 15,310 11,160
Goodwill and other intangible assets, net 9,841 9,771
Operating lease right-of-use assets 3,306 3,533
Other assets 1,770 1,560
Total Assets 335,430 282,925
Liabilities:    
Reserve for claims 36,755 33,584
Accounts payable and accrued liabilities 37,927 36,020
Operating lease liabilities 3,424 3,669
Current income taxes payable 704 638
Deferred income taxes, net 11,315 8,592
Total liabilities 90,125 82,503
Commitments and Contingencies 0 0
Stockholders' Equity:    
Preferred stock (1,000 authorized shares; no shares issued) 0 0
Common stock – no par value (10,000 authorized shares; 1,894 and 1,892 shares issued and outstanding as of September 30, 2021 and December 31, 2020, respectively, excluding in each period 292 shares of common stock held by the Company) 0 0
Retained earnings 241,833 196,096
Accumulated other comprehensive income 3,472 4,326
Total stockholders' equity 245,305 200,422
Total Liabilities and Stockholders’ Equity $ 335,430 $ 282,925