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Condensed Consolidated Statements of Cash Flows - USD ($)
9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Cash Flows From Operating Activities    
Net earnings $ 265,138 $ 1,585,535
Adjustments to reconcile net earnings to net cash provided by (used in) operating activities    
Net realized investment gains (442,945) (231,779)
Other-than-temporary impairment losses 57,316 212,731
Depreciation 628,778 597,247
Deferred income tax 138,384 147,071
Amortization of bond premium and discount 228,760 171,148
Change in:    
Accrued investment income (191,794) 80,924
Premiums and reinsurance balances receivable (net) (739,651) (1,119,734)
Reinsurance balances payable 69,210 398,674
Ceded unearned premiums (26,376) (225,864)
Reinsurance balances recoverable 474,459 3,869,799
Deferred policy acquisition costs (393,189) (296,711)
Accrued expenses (755,035) 91,450
Unpaid losses and settlement expenses (265,388) (3,881,498)
Unearned premiums 2,011,562 1,748,012
Current federal income tax (779,648) 511,995
Other 343,091 505,701
Net cash provided by operating activities 622,672 4,164,701
Purchases of:    
Fixed maturity securities, available-for-sale (28,002,993) (9,803,432)
Property and equipment (422,364) (818,476)
Property held for investment (710,082) (1,628,344)
Proceeds from sales, maturities and calls of:    
Fixed maturity securities, available-for-sale 5,670,040 9,827,239
Property and equipment 967 98,049
Net cash (used in) investing activities (27,794,438) (2,600,936)
Cash flows from financing activities:    
Net proceeds received from issuance of shares of common stock and ESOP expense 28,981,491  
Proceeds from loan 3,499,149 500,000
Proceeds from sale leaseback   777,643
Repayments of borrowed funds (2,831,961) (561,926)
Demutualization costs   (829,887)
Net cash provided by (used in) financing activities 29,648,679 (114,170)
Net increase in cash and cash equivalents 2,476,913 1,449,595
Cash and cash equivalents at beginning of year 4,376,847 2,179,511
Cash and cash equivalents at end of year 6,853,760 3,629,106
Supplemental information:    
Federal income tax paid 600,000  
Interest paid 141,098 62,980
Common Stock [Member]    
Purchases of:    
Equity securities, available-for-sale (5,900,497) (388,740)
Proceeds from sales, maturities and calls of:    
Equity securities, available-for-sale 2,154,214 1,590,088
Preferred Stock [Member]    
Purchases of:    
Equity securities, available-for-sale (638,922) $ (1,477,320)
Proceeds from sales, maturities and calls of:    
Equity securities, available-for-sale $ 55,199