Financial Information
Financial Statement
December 31, 2019.

Assets 2019 2018
Cash and Short-term Investments 11,306,289 12,127,568
U.S. Government Bonds 27,940,317 27,287,107
Miscellaneous Bonds 58,782,239 57,169,812
Stocks 14,642,925 11,697,644
Real Estate 290,373 234,244
Premiums in Course of Collection 3,076,196 2,653,361
Reinsurance Recoverable 474,624 122,449
Interest Due and Accrued 640,314 648,119
All Other Assets    4,680,846 3,359,785
TOTAL ASSETS
$ 121,834,123 $ 115,300,089
Liabilities    
Reserve for Losses 19,464,223 19,837,869
Reserve for Loss Adjustment Expenses 4,464,173 4,383,572
Reserve for Unearned Premiums 22,832,713 22,464,227
Taxes 440,493 -0-
Other Liabilities 4,965,762 4,072,230
TOTAL LIABILITIES
$ 52,167,364 $ 50,757,898
Surplus Account    
Special Contingent Surplus 950,000 950,000
Surplus Note 3,500,000 4,000,000
Unassigned Surplus 65,216,759 59,592,191
TOTAL SURPLUS
$ 69,666,759 $ 64,542,191
TOTAL
$ 121,834,123 $ 115,300,089