Consolidated Balance Sheets - USD ($)		Dec. 31, 2023	Dec. 31, 2022
Investments and cash:
Fixed maturity securities (amortized cost of $119,336,041 at 12/31/2023 and $104,580,681 at 12/31/2022)		$ 110,955,697	$ 93,388,971
Other invested assets, net of allowances for credit losses of $39,000 at 12/31/2023 and $0 at 12/31/2022		8,898,409	4,722,137
Property held for investment, at cost, net of accumulated depreciation of $682,402 at 12/31/2023 and $609,282 at 12/31/2022		5,910,864	6,002,233
Cash and cash equivalents		1,478,135	3,139,986
Total investments and cash		142,331,022	130,464,839
Accrued investment income		915,156	791,812
Premiums and reinsurance balances receivable, net of allowances for credit losses of $143,000 at 12/31/2023 and $50,000 at 12/31/2022		37,220,433	31,270,460
Ceded unearned premiums		755,099	947,851
Reinsurance balances recoverable on unpaid losses and settlement expenses, net of allowances for credit losses of $82,000 at 12/31/2023 and $0 at 12/31/2022		12,736,579	13,610,295
Income taxes - current		127,730	22,042
Income taxes - deferred		2,647,636	3,296,688
Deferred policy acquisition costs, net		8,552,459	7,167,036
Property and equipment, at cost, net of accumulated depreciation of $6,990,076 at 12/31/2023 and $6,590,602 at 12/31/2022		3,325,322	3,313,719
Other Assets, net of allowances for credit losses of $5,000 at 12/31/2023 and $0 at 12/31/2022		2,405,577	1,277,469
Total assets		211,017,013	192,162,211
Liabilities:
Total gross unpaid losses and LAE		71,919,585	67,614,063
Unearned premiums		47,259,637	40,527,182
Reinsurance balances payable		1,132,301	1,405,337
Corporate debt		15,000,000	15,000,000
Accrued expenses		7,442,617	6,072,020
Other liabilities		1,259,324	1,102,678
Total liabilities		144,013,464	131,721,280
Equity:
Common stock	[1]	35,000	35,000
Treasury stock, at cost	[2]	(5,710,324)	(5,463,535)
Additional paid-in capital		33,330,846	33,119,125
Accumulated other comprehensive (loss), net of tax		(6,621,336)	(8,841,517)
Retained earnings		47,844,368	43,701,233
Less: Unearned Employee Stock Ownership Plan shares at cost	[3]	(1,875,005)	(2,109,375)
Total equity		67,003,549	60,440,931
Total liabilities and equity		211,017,013	192,162,211
Common Stock [Member]
Investments and cash:
Stocks at fair value		12,191,621	20,438,907
Preferred Stock [Member]
Investments and cash:
Stocks at fair value		$ 2,896,296	$ 2,772,605

[1] Par value $0.01; authorized: 2023 - 10,000,000 shares and 2022 – 10,000,000 shares; issued: 2023 – 3,500,000 shares and 2022 – 3,500,000 shares; outstanding: 2023 – 3,137,228 and 2022 – 3,153,741 shares

[2] 2023 – 362,772 shares and 2022 – 346,259 shares

[3] 2023 – 199,313 shares and 2022 – 210,935 shares