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Condensed Consolidated Statements of Cash Flows - USD ($)
6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Cash Flows From Operating Activities    
Net earnings $ 613,921 $ 890,568
Adjustments to reconcile net earnings to net cash provided by (used in) operating activities    
Net realized investment gains (444,778) (138,218)
Other-than-temporary impairment losses 57,316  
Depreciation 428,161 385,482
Deferred income tax 190,257 71,355
Amortization of bond premium and discount 135,265 108,231
Change in:    
Accrued investment income (122,970) 75,445
Premiums and reinsurance balances receivable (net) (361,761) (1,615,924)
Reinsurance balances payable 20,431 233,285
Ceded unearned premiums (25,457) (212,916)
Reinsurance balances recoverable 2,364,744 3,977,646
Deferred policy acquisition costs (139,961) (231,691)
Accrued expenses (1,645,086) (832,888)
Unpaid losses and settlement expenses (3,125,882) (3,668,703)
Unearned premiums 1,022,675 1,314,329
Current federal income tax (483,608) 473,794
Other 102,915 (277,439)
Net cash (used in) provided by operating activities (1,413,818) 552,356
Purchases of:    
Fixed maturity securities, available-for-sale (22,821,724) (4,570,653)
Property and equipment (333,887) (584,052)
Property held for investment (677,714) (1,626,245)
Proceeds from sales, maturities and calls of:    
Fixed maturity securities, available-for-sale 4,414,597 7,495,759
Property and equipment 967 19,300
Net cash (used in) provided by investing activities (23,317,840) 345,369
Cash flows from financing activities:    
Net proceeds received from issuance of shares of common stock and ESOP expense 29,253,588  
Proceeds from loan 3,499,149  
Proceeds from sale leaseback   777,643
Repayments of borrowed funds (2,294,961) (307,883)
Demutualization costs   (161,020)
Net cash provided by financing activities 30,457,776 308,740
Net increase in cash and cash equivalents 5,726,118 1,206,465
Cash and cash equivalents at beginning of year 4,376,847 2,179,511
Cash and cash equivalents at end of year 10,102,965 3,385,976
Supplemental information:    
Federal income tax paid 600,000  
Interest paid 109,451 93,198
Common Stock [Member]    
Purchases of:    
Equity securities, available-for-sale (5,216,872) $ (388,740)
Proceeds from sales, maturities and calls of:    
Equity securities, available-for-sale 1,955,715  
Preferred Stock [Member]    
Purchases of:    
Equity securities, available-for-sale $ (638,922)