Consolidated Balance Sheets (Unaudited) - USD ($) $ in Thousands	Sep. 30, 2019	Dec. 31, 2018
Assets
Fixed-maturity securities available for sale, at fair value (amortized cost: $699,641 in 2019; $514,237 in 2018)	$ 716,639	$ 510,251
Equity securities, at fair value (cost: $56,208 in 2019 $56,051 in 2018)	65,917	57,711
Total investments	782,556	567,962
Cash and cash equivalents	86,308	75,089
Investment income due and accrued	4,106	3,783
Premiums receivable, net	33,424	24,253
Reinsurance recoverables	65,345	56,788
Ceded unearned premiums	16,445	16,072
Deferred policy acquisition costs, net of ceding commissions	21,060	14,801
Intangible assets	3,538	3,538
Deferred income tax asset, net	2,891	7,176
Other assets	20,776	3,601
Total assets	1,036,449	773,063
Liabilities
Reserves for unpaid losses and loss adjustment expenses	429,532	369,152
Unearned premiums	170,931	128,250
Payable to reinsurers	5,697	4,565
Accounts payable and accrued expenses	9,884	7,090
Credit facility	11,212	0
Other liabilities	19,157	20
Total liabilities	646,413	509,077
Stockholders' Equity
Common stock, $0.01 par value, 400,000,000 shares authorized, 22,158,663 and 21,241,504 shares issued and outstanding at September 30, 2019 and December 31, 2018, respectively	222	212
Additional paid-in capital	227,661	158,485
Retained earnings	146,832	106,545
Accumulated other comprehensive income (loss)	15,321	(1,256)
Total stockholders’ equity	390,036	263,986
Total liabilities and stockholders’ equity	$ 1,036,449	$ 773,063