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Consolidated Balance Sheets - USD ($)
Mar. 31, 2022
Dec. 31, 2021
Assets    
Fixed-maturity Securities, Held-to-maturity, At Amortized Cost (fair Value Of $7,629,300 At March 31, 2022 And $8,753,159 At December 31, 2021) $ 7,765,138 $ 8,266,334
Fixed-maturity Securities, Available-for-sale, At Fair Value (amortized Cost Of $159,450,317 At March 31, 2022 And $155,808,478 At December 31, 2021) 151,897,496 158,080,110
Equity Securities, At Fair Value (cost Of $33,089,632 At March 31, 2022 And $37,470,669 At December 31, 2021) 31,765,409 39,687,002
Other Investments 6,625,883 7,561,415
Total Investments 198,053,926 213,594,861
Cash And Cash Equivalents 5,833,886 24,290,598
Premiums Receivable, Net 11,029,208 12,318,336
Reinsurance Receivables, Net 49,341,690 40,292,438
Deferred Policy Acquisition Costs 21,656,581 22,238,987
Intangible Assets 500,000 500,000
Property And Equipment, Net 10,086,615 9,291,597
Deferred Income Taxes, Net 4,367,633 192,253
Other Assets 7,028,603 8,593,205
Total Assets 307,898,142 331,312,275
Liabilities    
Loss And Loss Adjustment Expense Reserves 98,916,998 94,948,745
Unearned Premiums 95,366,879 97,759,607
Advance Premiums 5,232,527 2,693,466
Reinsurance Balances Payable 5,091,070 12,961,568
Deferred Ceding Commission Revenue 9,479,512 9,748,508
Accounts Payable, Accrued Expenses And Other Liabilities 5,483,126 7,704,396
Debt, Net 29,867,836 29,823,791
Total Liabilities 249,437,948 255,640,081
Commitments and Contingencies (Note 11)    
Preferred Stock, $.01 Par Value; Authorized 2,500,000 Shares 0 0
Common Stock, $.01 Par Value; Authorized 20,000,000 Shares; Issued 12,109,307 Shares At March 31, 2022 And 11,955,660 Shares At December 31, 2021; Outstanding 10,637,901 Shares At March 31, 2022 And 10,484,254 Shares At December 31, 2021 121,093 119,557
Capital In Excess Of Par 72,638,286 72,467,483
Accumulated Other Comprehensive (loss) Income (5,964,578) 1,796,739
(accumulated Deficit) Retained Earnings (2,767,126) 6,855,896
Treasury Stock, At Cost, 1,471,406 Shares At March 31, 2022 And December 31, 2021 5,567,481 5,567,481
Total Stockholders' Equity 58,460,194 75,672,194
Total Liabilities And Stockholders' Equity $ 307,898,142 $ 331,312,275