Note 2 - Investments (Tables)

6 Months Ended

Jun. 30, 2024

Notes Tables

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

	For the Three-Months Ended June 30,
								Net Realized
	Proceeds		Gains		Losses			Gains (Losses)
2024
Fixed maturity securities	$	4,765,939	$	7,345	$	(30,092	)	$	(22,747	)
Common stocks		118,963		33,469		(13,377	)		20,092
Preferred stocks		124,375		—		(365	)		(365	)
2023
Fixed maturity securities	$	4,512,342	$	—	$	(11,378	)	$	(11,378	)
Common stocks		1,246,265		278,790		(121,760	)		157,030
Preferred stocks		241,812		4,959		(6,599	)		(1,640	)

	For the Six-Months Ended June 30,
								Net Realized
	Proceeds		Gains		Losses			Gains (Losses)
2024
Fixed maturity securities	$	9,060,460	$	8,512	$	(30,092	)	$	(21,580	)
Common stocks		824,406		283,106		(83,434	)		199,672
Preferred stocks		369,888		1,409		(31,835	)		(30,426	)
2023
Fixed maturity securities	$	8,342,783	$	-	$	(51,898	)	$	(51,898	)
Common stocks		2,024,336	$	404,791	$	(307,218	)	$	97,573
Preferred stocks		337,440	$	29,371	$	(6,599	)	$	22,772

Investments Classified by Contractual Maturity Date [Table Text Block]

	Amortized Cost		Fair Value
Due in one year or less	$	3,599,395	$	3,541,372
Due after one year through five years		15,021,950		14,405,515
Due after five years through 10 years		25,349,040		23,585,893
Due after 10 years		26,240,971		21,608,462
Asset and mortgage-backed securities without a specific due date		49,097,426		46,381,480
Redeemable preferred stocks		186,392		173,279
Total fixed maturity securities	$	119,495,174	$	109,696,001

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

					Gross Unrealized
	Amortized Cost		Fair Value		Gains		Losses
2024
Fixed maturity securities:
U.S. Treasury	$	1,351,270	$	1,305,930	$	—	$	(45,340	)
MBS/ABS/CMBS		49,097,426		46,381,480		228,289		(2,944,235	)
Corporate		46,263,052		42,672,106		74,481		(3,665,427	)
Municipal		22,597,034		19,163,206		84,965		(3,518,793	)
Redeemable preferred stock		186,392		173,279		—		(13,113	)
Total fixed maturity securities	$	119,495,174	$	109,696,001	$	387,735	$	(10,186,908	)

					Gross Unrealized
	Amortized Cost		Fair Value		Gains		Losses
2023
Fixed maturity securities:
U.S. Treasury	$	1,351,768	$	1,289,774	$	—	$	(61,994	)
MBS/ABS/CMBS		49,400,028		47,020,328		283,957		(2,663,657	)
Corporate		45,764,492		42,981,718		287,412		(3,070,186	)
Municipal		22,633,360		19,493,317		153,103		(3,293,146	)
Redeemable preferred stock		186,393		170,560		—		(15,833	)
Total fixed maturity securities	$	119,336,041	$	110,955,697	$	724,472	$	(9,104,816	)

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

	June 30, 2024									December 31, 2023
				12 Months									12 Months
	< 12 Months			& Greater			Total			< 12 Months			& Greater			Total
Fixed Maturity Securities:
U.S. Treasury
Fair value	$	—		$	1,305,930		$	1,305,930		$	—		$	1,289,774		$	1,289,774
Amortized cost		—			1,351,270			1,351,270			—			1,351,768			1,351,768
Unrealized loss		—			(45,340	)		(45,340	)		—			(61,994	)		(61,994	)
MBS/ABS/CMBS
Fair value		6,933,780			22,571,843			29,505,623			8,345,340			24,323,865			32,669,205
Amortized cost		7,038,812			25,411,046			32,449,858			8,462,010			26,870,852			35,332,862
Unrealized loss		(105,032	)		(2,839,203	)		(2,944,235	)		(116,670	)		(2,546,987	)		(2,663,657	)
Corporate
Fair value		6,850,575			30,480,416			37,330,991			477,051			33,352,754			33,829,805
Amortized cost		7,011,243			33,985,175			40,996,418			478,370			36,421,621			36,899,991
Unrealized loss		(160,668	)		(3,504,759	)		(3,665,427	)		(1,319	)		(3,068,867	)		(3,070,186	)
Municipal
Fair value		4,470,276			11,966,015			16,436,291			—			12,149,238			12,149,238
Amortized cost		4,530,820			15,424,264			19,955,084			—			15,442,384			15,442,384
Unrealized loss		(60,544	)		(3,458,249	)		(3,518,793	)		—			(3,293,146	)		(3,293,146	)
Redeemable preferred stock
Fair value		72,973			100,307			173,280			149,240			21,320			170,560
Amortized cost		76,968			109,425			186,393			161,549			24,844			186,393
Unrealized loss		(3,995	)		(9,118	)		(13,113	)		(12,309	)		(3,524	)		(15,833	)
Total
Fair value		18,327,604			66,424,511			84,752,115			8,971,631			71,136,951			80,108,582
Amortized cost		18,657,843			76,281,180			94,939,023			9,101,929			80,111,469			89,213,398
Unrealized loss	$	(330,239	)	$	(9,856,669	)	$	(10,186,908	)	$	(130,298	)	$	(8,974,518	)	$	(9,104,816	)