Consolidated Balance Sheets - USD ($)		Dec. 31, 2022	Dec. 31, 2021
Investments and cash:
Fixed maturity securities (amortized cost of $104,580,681 at 12/31/2022 and $102,145,223 at 12/31/2021)		$ 93,388,971	$ 105,841,543
Other invested assets		4,722,137	3,086,568
Property held for investment, at cost, net of accumulated depreciation of $609,282 at 12/31/2022 and $464,713 at 12/31/2021		6,002,233	5,509,114
Cash and cash equivalents		3,139,986	4,606,378
Total investments and cash		130,464,839	145,432,250
Accrued investment income		791,812	659,413
Premiums and reinsurance balances receivable, net of allowances for uncollectible amounts of $50,000 at 12/31/2022 and $100,000 at 12/31/2021		31,270,460	27,199,804
Ceded unearned premiums		947,851	967,022
Reinsurance recoverable on unpaid losses and settlement expense		13,610,295	14,521,219
Income taxes - current		22,042	195,694
Income taxes - deferred		3,296,688	0
Deferred policy acquisition costs, net		7,167,036	6,538,844
Property and equipment, at cost, net of accumulated depreciation of $6,590,602 at 12/31/2022 and $6,243,055 at 12/31/2021		3,313,719	3,144,218
Other assets		1,277,469	1,343,504
Total assets		192,162,211	200,001,968
Liabilities:
Total gross unpaid losses and LAE		67,614,063	61,834,809
Unearned premiums		40,527,182	36,212,266
Reinsurance balances payable		1,405,337	1,368,294
Corporate debt		15,000,000	18,455,342
Accrued expenses		6,072,020	5,441,611
Income taxes - deferred		0	954,862
Other liabilities		1,102,678	1,030,870
Total liabilities		131,721,280	125,298,054
Equity:
Common stock	[1]	35,000	35,000
Treasury stock, at cost	[2]	(5,463,535)	(3,155,399)
Additional paid-in capital		33,119,125	32,965,136
Accumulated other comprehensive (loss) earnings, net of tax		(8,841,517)	2,920,027
Retained earnings		43,701,233	44,282,895
Less: Unearned Employee Stock Ownership Plan shares at cost	[3]	(2,109,375)	(2,343,745)
Total equity		60,440,931	74,703,914
Total liabilities and equity		192,162,211	200,001,968
Common Stock [Member]
Investments and cash:
Common stocks at fair value		20,438,907	23,608,197
Preferred Stock [Member]
Investments and cash:
Common stocks at fair value		$ 2,772,605	$ 2,780,450

[1] Par value $0.01; authorized: 2022 –10,000,000 shares and 2021 – 10,000,000 shares; issued: 2022 – 3,500,000 and 2021 – 3,500,000 shares; outstanding: 2022 – 3,153,741 and 2021 – 3,291,852 shares.

[2] 2022 – 346,259 shares and 2021 – 208,148 shares

[3] 2022 – 210,935 shares and 2021 – 234,374 shares