Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)		Sep. 30, 2024	Dec. 31, 2023
Investments and cash:
Fixed maturity securities (amortized cost of $120,448,405 at 9/30/2024 and $119,336,041 at 12/31/2023)		$ 114,743,833	$ 110,955,697
Other invested assets, net of allowances for credit losses of $310,000 at 9/30/2024 and $39,000 at 12/31/2023		13,958,375	8,898,409
Property held for investment, at cost, net of accumulated depreciation of $719,900 at 9/30/2024 and $682,402 at 12/31/2023		5,904,718	5,910,864
Cash and cash equivalents		11,011,618	1,478,135
Total investments and cash		163,013,156	142,331,022
Accrued investment income		1,042,274	915,156
Premiums and reinsurance balances receivable, net of allowances for credit losses of $130,000 at 9/30/2024 and $143,000 at 12/31/2023		38,062,859	37,220,433
Ceded unearned premiums		774,949	755,099
Reinsurance balances recoverable on unpaid losses and settlement expenses, net of allowances for credit losses of $80,000 at 9/30/2024 and $82,000 at 12/31/2023		12,519,808	12,736,579
Federal income taxes		2,544,027	2,775,366
Deferred policy acquisition costs, net		9,178,039	8,552,459
Property and equipment, at cost, net of accumulated depreciation of $7,381,278 at 9/30/2024 and $6,990,076 at 12/31/2023		3,271,851	3,325,322
Other assets, net of allowances for credit losses of $2,000 at 9/30/2024 and $5,000 at 12/31/2023		2,520,452	2,405,577
Total assets		232,927,415	211,017,013
Liabilities:
Unpaid losses and settlement expenses		83,582,487	71,919,585
Unearned premiums		51,295,631	47,259,637
Reinsurance balances payable		1,020,657	1,132,301
Corporate debt		15,000,000	15,000,000
Accrued expenses		7,696,366	7,442,617
Other liabilities		1,228,786	1,259,324
Total liabilities		159,823,927	144,013,464
Equity:
Common stock	[1],[2],[3]	35,000	35,000
Treasury stock, at cost	[1],[4]	(5,727,278)	(5,710,324)
Additional paid-in capital		33,597,942	33,330,846
Accumulated other comprehensive (loss), net of tax		(4,506,518)	(6,621,336)
Retained earnings		51,403,889	47,844,368
Less: Unearned Employee Stock Ownership Plan shares at cost	[5]	(1,699,547)	(1,875,005)
Total equity		73,103,488	67,003,549
Total liabilities and equity		232,927,415	211,017,013
Common Stock [Member]
Investments and cash:
Stocks at fair value		14,470,556	12,191,621
Preferred Stock [Member]
Investments and cash:
Stocks at fair value		$ 2,924,056	$ 2,896,296

[1] 2024 – 361,420 shares and 2023 – 361,024 shares

[2] Par value $0.01; authorized: 2024 and 2023 - 10,000,000 shares; issued: 2024 – 3,500,000 shares and 2023 – 3,500,000 shares; outstanding: 2024 – 3,138,580 and 2023 – 3,138,976 shares

[3] Par value $0.01; authorized: 2024 and 2023 - 10,000,000 shares; issued: 2024 – 3,500,000 shares and 2023 – 3,500,000 shares; outstanding: 2024 – 3,142,973 and 2023 – 3,138,976 shares

[4] 2024 – 357,027 shares and 2023 – 361,024 shares

[5] 2024 – 175,844 shares and 2023 – 187,498 shares