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 2022
Bonds $63,342,196  $68,976,100
Equities $32,912,961 $24,184,857
Cash and Short Term Investments $5,770,868  $5,792,210
Premiums Due $17,844,653 $19,597,621
Other Assets $6,145,654 $6,377,687
Total Admitted Assets $126,016,332  $124,928,475
Liabilities:
Unpaid Loss and Loss Adjusting Expenses $19,523,518 $19,338,723
Unearned Premiums $30,033,346 $31,267,306
Other Liabilities $4,651,741 $6,186,494
Total Statutory Liabilities $54,208,605 $56,792,523
Capital $71,807,727 $68,135,952
Total Liabilities and Capital  $126,016,332 $124,928,475
Statement of Statutory Income: 2021 2022
Net Premiums Earned $51,194,992 $53,605,998
Loss and Loss Adjustment Expenses $32,684,522 $29,975,350
Other Underwriting Expenses $20,053,473 $21,672,755
Total Insurance Operations Income ($1,543,003) $1,957,893
Investment Income $3,030,619 $4,624,875
Other Income $214,421 $221,334
Income Tax $36,508 $743,101
Net Income $1,665,529 $6,061,001
Statutory Combined Ratio 101.3% 95.4%
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