Note 2 - Investments (Tables)

6 Months Ended

Jun. 30, 2019

Notes Tables

Available-for-sale Securities [Table Text Block]

	June 30, 2019
	Cost or		Gross		Gross
	Amortized		Unrealized		Unrealized
	Cost		Gains		Losses			Fair Value
	(unaudited)
Available for sale:
Fixed maturities:
US Treasury securities	$	604,599	$	7,170	$	-		$	611,769
Corporate bonds		17,569,029		979,625		(71,441	)		18,477,213
Municipal bonds		6,551,992		521,129		-			7,073,121
Redeemable preferred stock		99,560		2,760		-			102,320
Mortgage backed and asset backed securities		3,711,264		70,522		(8,010	)		3,773,776
Total fixed maturities		28,536,444		1,581,206		(79,451	)		30,038,199
Equities:
Equities		11,987,669		102,210		(354,160	)		11,735,719
Total available for sale	$	40,524,113	$	1,683,416	$	(433,611	)	$	41,773,918

	December 31, 2018
	Cost or		Gross		Gross
	Amortized		Unrealized		Unrealized
	Cost		Gains		Losses			Fair Value
Available for sale:
Fixed maturities:
US Treasury securities	$	597,265	$	-	$	(27,325	)	$	569,940
Corporate bonds		16,847,623		43,051		(1,048,313	)		15,842,361
Municipal bonds		6,559,854		118,890		(80,631	)		6,598,113
Redeemable preferred stock		99,560		-		(8,720	)		90,840
Mortgage backed and asset backed securities		3,853,395		11,425		(83,835	)		3,780,985
Total fixed maturities		27,957,697		173,366		(1,248,824	)		26,882,239
Equities:
Equities		12,096,488		31,505		(1,140,454	)		10,987,539
Total available for sale	$	40,054,185	$	204,871	$	(2,389,278	)	$	37,869,778

Investments Classified by Contractual Maturity Date [Table Text Block]

	As of June 30, 2019				As of December 31, 2018
	Amortized Cost		Fair Value		Amortized Cost		Fair Value
	(unaudited)
Amounts maturing in:
After one year through five years	$	1,426,791	$	1,463,196	$	1,472,228	$	1,462,745
After five years through ten years		2,436,981		2,583,369		2,101,676		2,055,173
More than 10 years		20,861,848		22,115,538		20,430,838		19,492,496
Redeemable preferred stocks		99,560		102,320		99,560		90,840
Mortgage backed and asset backed securities		3,711,264		3,773,776		3,853,395		3,780,985
Total amortized cost and fair value	$	28,536,444	$	30,038,199	$	27,957,697	$	26,882,239

Realized Gain (Loss) on Investments [Table Text Block]

	Six Months Ended June 30,
	(unaudited)
	2019			2018
Gross gains	$	3,951		$	530
Gross losses		(18,479	)		(857	)
Net security gains (losses)	$	(14,528	)	$	(327	)

	Three Months Ended June 30,
	(unaudited)
	2019			2018
Gross gains	$	3,951		$	530
Gross losses		(18,479	)		(857	)
Net security gains	$	(14,528	)	$	(327	)

Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value [Table Text Block]

	Less than 12 months					Greater than 12 months					Total
	Fair		Unrealized			Fair		Unrealized			Fair		Unrealized
	Value		Loss			Value		Loss			Value		Loss
June 30, 2019
	(unaudited)
Available for sale:
Fixed maturities:
US Treasury securities	$	-	$	-		$	-	$	-		$	-	$	-
Corporate bonds		-		-			2,114,270		(71,441	)		2,114,270		(71,441	)
Municipal bonds		-		-			-		-			-		-
Redeemable preferred stock		-		-			-		-			-		-
Mortgage backed and asset backed securities		-		-			651,830		(8,010	)		651,830		(8,010	)
Total fixed maturities		-		-			2,766,100		(79,451	)		2,766,100		(79,451	)
Equities:
Equities		1,026,307		(23,549	)		8,209,041		(330,611	)		9,235,348		(354,160	)
Total available for sale	$	1,026,307	$	(23,549	)	$	10,975,141	$	(410,062	)	$	12,001,448	$	(433,611	)

	Less than 12 months					Greater than 12 months					Total
	Fair		Unrealized			Fair		Unrealized			Fair		Unrealized
	Value		Loss			Value		Loss			Value		Loss
December 31, 2018
Available for sale:
Fixed maturities:
US Treasury securities	$	251,206	$	(27,325	)	$	-	$	-		$	251,206	$	(27,325	)
Corporate bonds		11,743,222		(948,539	)		830,239		(99,774	)		12,573,461		(1,048,313	)
Municipal bonds		2,114,260		(51,267	)		859,305		(29,364	)		2,973,565		(80,631	)
Redeemable preferred stock		90,840		(8,720	)		-		-			90,840		(8,720	)
Mortgage backed and asset backed securities		544,714		(6,656	)		2,448,551		(77,179	)		2,993,265		(83,835	)
Total fixed maturities		14,744,242		(1,042,507	)		4,138,095		(206,317	)		18,882,337		(1,248,824	)
Equities:
Equities		3,312,528		(228,148	)		7,440,504		(912,306	)		10,753,032		(1,140,454	)
Total available for sale	$	18,056,770	$	(1,270,655	)	$	11,578,599	$	(1,118,623	)	$	29,635,369	$	(2,389,278	)