Consolidated Balance Sheets - USD ($)		Dec. 31, 2019	Dec. 31, 2018
Investments and cash:
Fixed maturity securities (amortized cost - $88,348,415 at 12/31/2019 and $89,252,906 at 12/31/2018)		$ 92,087,572	$ 88,981,159
Common stocks at fair value		14,448,773	11,843,223
Other invested assets		877,900	154,200
Property held for investment, at cost, net of accumulated depreciation of $332,218 at 12/31/2019 and $222,825 at 12/31/2018		4,353,713	3,586,273
Cash and cash equivalents		6,626,585	4,644,784
Total investments and cash		118,394,543	109,209,639
Accrued investment income		646,504	648,321
Premiums and reinsurance balances receivable, net of allowances for uncollectible amounts of $100,000 at 12/31/2019 and $50,000 at 12/31/2018		22,368,526	21,404,344
Ceded unearned premiums		822,818	796,065
Reinsurance balances recoverable on unpaid losses and settlement expenses, net of allowances for uncollectible amounts of $0 at 12/31/2019 and 12/31/2018		11,036,170	6,735,964
Income taxes - current		192,559	847,271
Income taxes - deferred			1,021,398
Deferred policy acquisition costs, net		5,269,256	5,247,188
Property and equipment, at cost, net of accumulated depreciation of $5,619,706 at 12/31/2019 and $5,099,090 at 12/31/2018		3,033,348	3,332,810
Other assets		1,239,794	1,040,193
Total assets		163,003,518	150,283,193
Liabilities:
Unpaid losses and settlement expenses		56,838,307	51,447,440
Unearned premiums		30,392,817	29,972,623
Reinsurance balances payable		374,998	993,004
Corporate debt		3,475,088	3,484,606
Accrued expenses		4,216,988	4,536,218
Income taxes - deferred		39,213
Other liabilities		1,324,273	1,256,003
Total liabilities		96,661,684	91,689,894
Equity:
Common stock	[1]	35,000	35,000
Treasury stock, at cost	[2]	(3,146,576)	(2,999,995)
Additional paid-in capital		32,703,209	32,505,423
Accumulated other comprehensive earnings (loss), net of tax		2,953,936	(1,580,976)
Retained earnings		36,608,750	33,680,702
Less: Unearned Employee Stock Ownership Plan shares at cost	[3]	(2,812,485)	(3,046,855)
Total equity		66,341,834	58,593,299
Total liabilities and equity		$ 163,003,518	$ 150,283,193

[1] Par value $0.01; authorized: 2019 - 10,000,000 shares and 2018 - 10,000,000 shares; issued: 2019 - 3,500,000 and 2018 - 3,500,000 shares; outstanding: 2019 - 3,014,941 and 2018 - 2,992,734 shares.

[2] 2019 - 203,811 shares and 2018 - 196,721 shares

[3] 2019 - 281,248 shares and 2018 - 304,685 shares