| 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 |
Summary Statutory Financial Results
| 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% |
