| Assets: | 2023 | 2024 |
| Bonds | $69,889,486 | $64,874,379 |
| Equities | $25,333,009 | $29,324,958 |
| Cash and Short Term Investments | $7,463,087 | $8,753,492 |
| Premiums Due | $20,630,626 | $22,029,515 |
| Other Assets | $5,179,024 | $5,075,107 |
| Total Admitted Assets | $128,495,232 | $130,057,451 |
| Liabilities: | ||
| Unpaid Loss and Loss Adjusting Expenses | $14,559,044 | $11,833,809 |
| Unearned Premiums | $32,517,468 | $34,634,094 |
| Other Liabilities | $7,575,259 | $6,580,921 |
| Total Statutory Liabilities | $54,651,771 | $53,048,824 |
| Capital | $73,843,461 | $77,008,627 |
| Total Liabilities and Capital | $128,495,232 | $130,057,451 |
Summary Statutory Financial Results
| Statement of Statutory Income: | 2023 | 2024 |
| Net Premiums Earned | $55,988,653 | $58,444,922 |
| Loss and Loss Adjustment Expenses | $31,249,603 | $27,500,289 |
| Other Underwriting Expenses | $22,629,099 | $25,813,550 |
| Total Insurance Operations Income | $2,109,951 | $5,131,083 |
| Investment Income | $2,792,955 | $2,763,259 |
| Other Income | $211,745 | $191,513 |
| Income Tax | $899,797 | $1,733,952 |
| Net Income | $4,214,854 | $6,351,903 |
| Statutory Combined Ratio | 95.3% | 89.8% |
