Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020
Investments:
Fixed maturity securities—held-to-maturity, at amortized cost net of allowance for credit losses of $195 and $274 in 2021 and 2020, respectively, (fair value $575,850 and $621,654 in 2021 and 2020, respectively)	$ 549,231	$ 585,130
Fixed maturity securities—available-for-sale, at fair value (amortized cost $324,597, allowance for credit losses of $0 in 2021 and amortized cost $387,665, allowance for credit losses of $0 in 2020)	341,769	414,279
Equity securities, at fair value (cost $44,175 and $35,787 in 2021 and 2020, respectively)	64,140	43,437
Short-term investments	57,431	45,898
Total investments	1,012,571	1,088,744
Cash and cash equivalents	70,722	61,757
Amounts recoverable from reinsurers (net of allowance for credit losses of $440 and $452 in 2021 and 2020, respectively)	120,561	105,803
Premiums receivable (net of allowance for credit losses of $4,386 and $4,791 in 2021 and 2020, respectively)	135,100	156,760
Deferred income taxes	14,384	13,665
Accrued interest receivable	8,080	9,274
Property and equipment, net	6,459	6,182
Deferred policy acquisition costs	17,059	17,810
Federal income tax recoverable	6,414
Other assets	11,374	10,860
Total assets	1,402,724	1,470,855
Liabilities:
Reserves for loss and loss adjustment expenses	745,278	760,561
Unearned premiums	121,092	129,260
Reinsurance premiums payable	110
Amounts held for others	42,915	43,402
Policyholder deposits	39,383	41,524
Insurance-related assessments	16,850	17,995
Federal income tax payable		417
Accounts payable and other liabilities	37,773	38,880
Total liabilities	1,003,401	1,032,039
Shareholders’ equity:
Common stock: voting—$0.01 par value authorized shares—50,000,000 in 2021 and 2020; 20,622,304 and 20,589,309 shares issued; and 19,364,054 and 19,331,059 shares outstanding in 2021 and 2020, respectively	206	206
Additional paid-in capital	217,458	215,316
Treasury stock, at cost (1,258,250 shares in 2021 and 2020)	(22,370)	(22,370)
Accumulated earnings	190,492	224,645
Accumulated other comprehensive income, net	13,537	21,019
Total shareholders’ equity	399,323	438,816
Total liabilities and shareholders’ equity	$ 1,402,724	$ 1,470,855