Assets |
2020 |
2019 |
|
Cash and Short-term Investments |
12,663,561 |
11,306,289 |
U.S. Government Bonds |
32,066,003 |
27,940,317 |
Miscellaneous Bonds |
57,977,000 |
58,782,239 |
Stocks |
16,622,647 |
14,642,925 |
Real Estate |
244,178 |
290,373 |
Premiums in Course of Collection |
2,970,505 |
3,076,196 |
Reinsurance Recoverable |
101,676 |
474,624 |
Interest Due and Accrued |
630,847 |
640,314 |
All Other Assets |
3,881,883 |
4,680,846 |
|
$ 127,158,300 |
$ 121,834,123 |
|
Liabilities |
|
|
|
Reserve for Losses |
19,228,804 |
19,464,223 |
Reserve for Loss Adjustment Expenses |
4,542,830 |
4,464,173 |
Reserve for Unearned Premiums |
22,940,952 |
22,832,713 |
Taxes |
672,056 |
440,493 |
Other Liabilities |
4,287,326 |
4,965,762 |
|
$ 51,671,968 |
$ 52,167,364 |
|
Surplus Account |
|
|
|
Special Contingent Surplus |
950,000 |
950,000 |
Surplus Note |
2,000,000 |
3,500,000 |
Unassigned Surplus |
72,536,332 |
65,216,759 |
|
$ 75,486,332 |
$ 69,666,759 |
|
$ 127,158,300 |
$ 121,834,123 |
|