Note 2 - Investments (Tables)

9 Months Ended

Sep. 30, 2024

Notes Tables

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

	For the Three-Months Ended September 30,
								Net Realized
	Proceeds		Gains		Losses			Gains (Losses)
2024
Fixed maturity securities	$	2,924,552	$	—	$	—		$	—
Common stocks		1,208,768		390,453		(70,800	)		319,653
Preferred stocks		309,756		334		(117	)		217
2023
Fixed maturity securities	$	1,443,108	$	—	$	(6,863	)	$	(6,863	)
Common stocks		1,807,080		395,780		(188,989	)		206,791
Preferred stocks		—		—		—			—

	For the Nine-Months Ended September 30,
								Net Realized
	Proceeds		Gains		Losses			Gains (Losses)
2024
Fixed maturity securities	$	11,985,012	$	8,512	$	(30,092	)	$	(21,580	)
Common stocks		2,033,174		673,559		(154,234	)		519,325
Preferred stocks		679,644		1,743		(31,952	)		(30,209	)
2023
Fixed maturity securities	$	9,785,891	$	—	$	(58,761	)	$	(58,761	)
Common stocks		3,831,416	$	800,571	$	(496,207	)	$	304,364
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	$	3,251,814	$	3,203,143
Due after one year through five years		17,273,034		16,970,351
Due after five years through 10 years		25,337,861		24,748,130
Due after 10 years		26,050,171		22,497,708
Asset and mortgage-backed securities without a specific due date		48,349,132		47,141,221
Redeemable preferred stocks		186,393		183,280
Total fixed maturity securities	$	120,448,405	$	114,743,833

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	$	1,351,018	$	1,326,055	$	—	$	(24,963	)
MBS/ABS/CMBS		48,349,132		47,141,221		716,346		(1,924,257	)
Corporate		47,980,649		46,192,658		548,532		(2,336,523	)
Municipal		22,581,213		19,900,619		190,410		(2,871,004	)
Redeemable preferred stock		186,393		183,280		311		(3,424	)
Total fixed maturity securities	$	120,448,405	$	114,743,833	$	1,455,599	$	(7,160,171	)

					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]

	September 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	$	—		$	1,326,055		$	1,326,055		$	—		$	1,289,774		$	1,289,774
Amortized cost		—			1,351,018			1,351,018			—			1,351,768			1,351,768
Unrealized loss		—			(24,963	)		(24,963	)		—			(61,994	)		(61,994	)
MBS/ABS/CMBS
Fair value		505,082			19,582,844			20,087,926			8,345,340			24,323,865			32,669,205
Amortized cost		505,315			21,506,868			22,012,183			8,462,010			26,870,852			35,332,862
Unrealized loss		(233	)		(1,924,024	)		(1,924,257	)		(116,670	)		(2,546,987	)		(2,663,657	)
Corporate
Fair value		—			28,991,279			28,991,279			477,051			33,352,754			33,829,805
Amortized cost		—			31,327,802			31,327,802			478,370			36,421,621			36,899,991
Unrealized loss		—			(2,336,523	)		(2,336,523	)		(1,319	)		(3,068,867	)		(3,070,186	)
Municipal
Fair value		776,030			12,544,802			13,320,832			—			12,149,238			12,149,238
Amortized cost		776,741			15,415,095			16,191,836			—			15,442,384			15,442,384
Unrealized loss		(711	)		(2,870,293	)		(2,871,004	)		—			(3,293,146	)		(3,293,146	)
Redeemable preferred stock
Fair value		22,910			106,096			129,006			149,240			21,320			170,560
Amortized cost		23,005			109,425			132,430			161,549			24,844			186,393
Unrealized loss		(95	)		(3,329	)		(3,424	)		(12,309	)		(3,524	)		(15,833	)
Total
Fair value		1,304,022			62,551,076			63,855,098			8,971,631			71,136,951			80,108,582
Amortized cost		1,305,061			69,710,208			71,015,269			9,101,929			80,111,469			89,213,398
Unrealized loss	$	(1,039	)	$	(7,159,132	)	$	(7,160,171	)	$	(130,298	)	$	(8,974,518	)	$	(9,104,816	)