Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019
Investment securities:
Debt securities, at fair value (amortized cost of $149,954 and $129,313, respectively)	$ 151,999	$ 131,000
Equity securities, at fair value (cost of $16,912 and $6,554, respectively)	17,891	7,306
Short-term investments, at fair value	13,317	31,426
Total investments	183,207	169,732
Cash and cash equivalents	8,193	7,464
Premiums and agents' balances receivable, net	20,162	20,168
Receivable from Affiliate	8	313
Reinsurance recoverables on unpaid losses	24,218	22,579
Reinsurance recoverables on paid losses	2,138	5,155
Prepaid reinsurance premiums	1,316	1,250
Deferred policy acquisition costs	12,243	11,906
Other assets	10,112	8,698
Total assets	261,597	247,265
Liabilities:
Unpaid losses and loss adjustment expenses	111,270	107,246
Unearned premiums	56,224	51,503
Debt	40,997	35,824
Accounts payable and accrued expenses	8,693	9,967
Total liabilities	217,184	204,540
Commitments and contingencies	0	0
Shareholders' equity:
Common stock, no par value (100,000,000 shares authorized; 9,681,728 and 9,592,861 issued and outstanding, respectively)	92,486	91,816
Accumulated deficit	(48,985)	(49,580)
Accumulated other comprehensive income (loss)	912	489
Total shareholders' equity	44,413	42,725
Total liabilities and shareholders' equity	$ 261,597	$ 247,265