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Condensed Consolidated Statements of Earnings and Comprehensive Earnings (Unaudited) - USD ($)
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Net premiums earned $ 20,222,366 $ 17,801,297
Net investment income 1,440,202 1,209,415
Net realized investment gains (losses) 150,686 (75,565)
Net unrealized gains on investments 1,273,890 639,418
Other (loss) income (5,037) 45,836
Consolidated revenues 23,082,107 19,620,401
Losses and settlement expenses 12,336,928 11,047,681
Policy acquisition costs and other operating expenses 7,663,099 6,349,581
Interest expense on debt 45,904 45,400
General corporate expenses 200,770 193,674
Total expenses 20,246,701 17,636,336
Earnings before income taxes 2,835,406 1,984,065
Total income tax expense 596,201 405,520
Net earnings 2,239,205 1,578,545
Other comprehensive (loss) earnings, net of tax (640,112) 1,596,353
Comprehensive earnings $ 1,599,093 $ 3,174,898
Basic:    
Basic net earnings per share (in dollars per share) $ 0.76 $ 0.54
Diluted:    
Diluted net earnings per share (in dollars per share) $ 0.75 $ 0.53
Weighted average number of common shares outstanding:    
Basic (in shares) 2,953,441 2,942,659
Diluted (in shares) 2,969,446 2,956,273