Consolidated Balance Sheets (Unaudited) - USD ($) $ in Thousands	Mar. 31, 2018	Dec. 31, 2017
Assets
Fixed-maturity securities available for sale, at fair value (amortized cost: $465,744 in 2018; $422,255 in 2017)	$ 462,534	$ 425,191
Equity securities at fair value (cost: $48,129)	55,065
Equity securities available or sale, at fair value (cost: $45,916 in 2017)		54,132
Total investments	517,599	479,323
Cash and cash equivalents	56,659	81,747
Investment income due and accrued	3,200	3,077
Premiums receivable, net	22,892	19,787
Reinsurance recoverables	50,742	49,593
Ceded unearned premiums	14,081	13,858
Deferred policy acquisition costs, net of ceding commissions	12,768	11,775
Intangible assets	3,538	3,538
Deferred income tax asset, net	4,201	2,492
Other assets	2,087	2,659
Total assets	687,767	667,849
Liabilities
Reserves for unpaid losses and loss adjustment expenses	328,209	315,717
Unearned premiums	110,364	103,110
Payable to reinsurers	3,244	3,226
Accounts payable and accrued expenses	3,170	6,519
Other liabilities	2,930	1,088
Total liabilities	447,917	429,660
Stockholders' Equity
Common stock, $0.01 par value, 400,000,000 shares authorized, 21,072,152 and 21,036,087 shares issued and outstanding at March 31, 2018 and December 31, 2017, respectively	210	210
Additional paid-in capital	155,785	155,082
Retained earnings	84,498	73,502
Accumulated other comprehensive (loss) income	(643)	9,395
Total stockholders’ equity	239,850	238,189
Total liabilities and stockholders’ equity	$ 687,767	$ 667,849