800.669.4002

570.746.1515

41908 Route 6 | PO Box 7 | Wyalusing, PA 18853

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Summary Statutory Financial Results

Assets: 2021 2020
Bonds $63,342,196  $60,327,493
Equities $32,912,961 $28,422,120
Cash and Short Term Investments $5,770,868  $5,169,472
Premiums Due $17,844,653 $15,539,390
Other Assets $6,145,654 $6,577,262
Total Admitted Assets $126,016,332  $116,035,737
Liabilities:
Unpaid Loss and Loss Adjusting Expenses $19,523,518 $14,482,545
Unearned Premiums $30,033,346 $27,400,591
Other Liabilities $4,651,741 $4,832,579
Total Statutory Liabilities $54,208,605 $46,715,715
Capital $71,807,727 $69,320,022
Total Liabilities and Capital  $126,016,332 $116,035,737
Statement of Statutory Income: 2021 2020
Net Premiums Earned $51,194,992 $46,709,088
Loss and Loss Adjustment Expenses $32,684,522 $27,252,966
Other Underwriting Expenses $20,053,473 $19,488,272
Total Insurance Operations Income ($1,543,003) ($32,150)
Investment Income $3,030,619 $3,314,786
Other Income $214,421 $199,189
Income Tax $36,508 $563,993
Net Income $1,665,529 $2,917,832
Statutory Combined Ratio 101.3% 98.1%
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