Note 2 - Investments (Tables)

9 Months Ended

Sep. 30, 2022

Notes Tables

Schedule of Realized Gain (Loss) [Table Text Block]

	For the Three-Months Ended September 30,
								Net Realized
	Proceeds		Gains		Losses			Gains (Losses)
2022
Fixed maturity securities	$	1,185,955	$	—	$	—		$	—
Common stocks		600,120		112,306		(59,628	)		52,678
Preferred stocks		242,844		1,004		(12,476	)		(11,472	)
2021
Fixed maturity securities	$	5,737,579	$	113,397	$	—		$	113,397
Common stocks		769,346		198,390		(24,333	)		174,057
Preferred stocks		—		—		—			—

	For the Nine-Months Ended September 30,
								Net Realized
	Proceeds		Gains		Losses			Gains (Losses)
2022
Fixed maturity securities	$	13,800,029	$	105,918	$	(106,546	)	$	(628	)
Common stocks		3,976,938		1,052,648		(254,260	)		798,388
Preferred stocks		646,552		8,749		(20,909	)		(12,160	)
2021
Fixed maturity securities	$	11,921,877	$	132,853	$	(9,582	)	$	123,271
Common stocks		2,734,181		753,159		(90,072	)		663,087
Preferred stocks		340,523		37,711		—			37,711

Investments Classified by Contractual Maturity Date [Table Text Block]

	Amortized Cost		Fair Value
Due in one year or less	$	1,595,530	$	1,584,923
Due after one year through five years		15,569,947		14,762,906
Due after five years through 10 years		19,819,683		17,066,596
Due after 10 years		26,662,556		21,602,374
Asset and mortgage backed securities without a specific due date		39,826,320		36,504,808
Redeemable preferred stocks		215,805		206,152
Total fixed maturity securities	$	103,689,841	$	91,727,759

Schedule of Available-for-Sale Securities Reconciliation [Table Text Block]

					Gross Unrealized
	Amortized Cost		Fair Value		Gains		Losses
2022
Fixed maturity securities:
U.S. Treasury	$	1,352,998	$	1,245,719	$	—	$	(107,279	)
MBS/ABS/CMBS		39,826,320		36,504,807		579		(3,322,092	)
Corporate		40,797,326		36,080,909		10,194		(4,726,611	)
Municipal		21,497,392		17,690,172		41,619		(3,848,839	)
Redeemable preferred stock		215,805		206,152		1,320		(10,973	)
Total fixed maturity securities	$	103,689,841	$	91,727,759	$	53,712	$	(12,015,794	)

					Gross Unrealized
	Amortized Cost		Fair Value		Gains		Losses
2021
Fixed maturity securities:
U.S. Treasury	$	1,352,044	$	1,345,992	$	11,276	$	(17,328	)
MBS/ABS/CMBS		40,712,275		41,023,871		607,483		(295,887	)
Corporate		38,959,905		41,206,964		2,434,738		(187,679	)
Municipal		20,905,194		22,031,831		1,149,998		(23,361	)
Redeemable preferred stock		215,805		232,885		17,080		—
Total fixed maturity securities	$	102,145,223	$	105,841,543	$	4,220,575	$	(524,255	)

Debt Securities, Available-for-Sale, Unrealized Loss Position, Fair Value [Table Text Block]

	September 30, 2022									December 31, 2021
				12 Months									12 Months
	< 12 Months			& Greater			Total			< 12 Months			& Greater			Total
Fixed Maturity Securities:
U.S. Treasury
Fair value	$	613,609		$	632,109		$	1,245,718		$	391,250		$	291,891		$	683,141
Amortized cost		652,633			700,364			1,352,997			400,408			300,061			700,469
Unrealized loss		(39,024	)		(68,255	)		(107,279	)		(9,158	)		(8,170	)		(17,328	)
MBS/ABS/CMBS
Fair value		27,169,391			9,308,869			36,478,260			20,403,757			1,124,095			21,527,852
Amortized cost		29,014,459			10,785,893			39,800,352			20,647,568			1,176,171			21,823,739
Unrealized loss		(1,845,068	)		(1,477,024	)		(3,322,092	)		(243,811	)		(52,076	)		(295,887	)
Corporate
Fair value		30,368,813			4,359,237			34,728,050			6,428,166			995,235			7,423,401
Amortized cost		33,917,388			5,537,273			39,454,661			6,590,227			1,020,853			7,611,080
Unrealized loss		(3,548,575	)		(1,178,036	)		(4,726,611	)		(162,061	)		(25,618	)		(187,679	)
Municipal
Fair value		14,034,490			581,522			14,616,012			2,676,052			269,247			2,945,299
Amortized cost		17,691,796			773,055			18,464,851			2,695,269			273,391			2,968,660
Unrealized loss		(3,657,306	)		(191,533	)		(3,848,839	)		(19,217	)		(4,144	)		(23,361	)
Redeemable preferred stock
Fair value		135,922			—			135,922			—			—			—
Cost		146,895			—			146,895			—			—			—
Unrealized loss		(10,973	)		—			(10,973	)		—			—			—
Total
Fair value		72,322,225			14,881,737			87,203,962			29,899,225			2,680,468			32,579,693
Amortized cost		81,423,171			17,796,585			99,219,756			30,333,472			2,770,476			33,103,948
Unrealized loss		(9,100,946	)	$	(2,914,848	)	$	(12,015,794	)	$	(434,247	)	$	(90,008	)	$	(524,255	)