Consolidated Balance Sheets - USD ($) $ in Thousands	Sep. 30, 2022	Dec. 31, 2021
Investments:
Fixed maturity securities-held-to-maturity, at amortized cost net of allowance for credit losses of $255 and $195 in 2022 and 2021, respectively, (fair value $479,911 and $575,850 in 2022 and 2021, respectively)	$ 514,610	$ 549,231
Available-for-sale fixed maturity, Fair Value	325,891	341,769
Equity securities, Fair Value	57,375	64,140
Short-term investments	36,927	57,431
Total investments	934,803	1,012,571
Cash and cash equivalents	90,952	70,722
Amounts recoverable from reinsurers (net of allowance for credit losses of $404 and $440 in 2022 and 2021, respectively)	117,968	120,561
Premiums receivable (net of allowance for credit losses of $4,677 and $4,386 in 2022 and 2021, respectively)	137,012	135,100
Deferred income taxes	26,227	14,384
Accrued interest receivable	8,772	8,080
Property and equipment, net	7,380	6,459
Deferred policy acquisition costs	18,275	17,059
Federal income tax recoverable	2,154	6,414
Other assets	15,953	11,374
Total assets	1,359,496	1,402,724
Liabilities:
Reserves for loss and loss adjustment expenses	716,196	745,278
Unearned premiums	128,093	121,092
Amounts held for others	47,670	42,915
Policyholder deposits	36,864	39,383
Insurance-related assessments	18,751	16,850
Accounts payable and other liabilities	38,778	37,883
Payable for investments purchased	125
Total liabilities	986,477	1,003,401
Shareholders’ equity:
Common stock: voting-$0.01 par value authorized shares-50,000,000 in 2022 and 2021; 20,678,572 and 20,622,304 shares issued; and 19,159,171 and 19,364,054 shares outstanding in 2022 and 2021, respectively	207	206
Additional paid-in capital	219,988	217,458
Treasury stock, at cost (1,519,401 and 1,258,250 shares in 2022 and 2021, respectively)	(34,606)	(22,370)
Accumulated earnings	207,394	190,492
Accumulated other comprehensive income (loss), net	(19,964)	13,537
Total shareholders’ equity	373,019	399,323
Total liabilities and shareholders’ equity	$ 1,359,496	$ 1,402,724