Consolidated Balance Sheets - USD ($)		Dec. 31, 2021	Dec. 31, 2020
Investments and cash:
Fixed maturity securities (amortized cost of $102,145,223 at 12/31/2021 and $98,753,027 at 12/31/2020)		$ 105,841,543	$ 105,740,566
Other invested assets		3,086,568	1,772,867
Property held for investment, at cost, net of accumulated depreciation of $464,713 at 12/31/2021 and $465,364 at 12/31/2020		5,509,114	5,399,826
Cash and cash equivalents		4,606,378	6,598,842
Total investments and cash		145,432,250	135,920,807
Accrued investment income		659,413	660,793
Premiums and reinsurance balances receivable, net of allowances for uncollectible amounts of $100,000 at 12/31/2021 and $150,000 at 12/31/2020		27,199,804	23,506,171
Ceded unearned premiums		967,022	860,905
Reinsurance balances recoverable on unpaid losses and settlement expenses, net of allowances for uncollectible amounts of $0 at 12/31/2021 and 12/31/2020		14,521,219	13,019,865
Income taxes - current		195,694	372,986
Deferred policy acquisition costs, net		6,538,844	5,429,620
Property and equipment, at cost, net of accumulated depreciation of $6,243,055 at 12/31/2021 and $6,079,728 at 12/31/2020		3,144,218	2,860,331
Other assets		1,343,504	1,307,794
Total assets		200,001,968	183,939,272
Liabilities:
Unpaid losses and settlement expenses		61,834,809	61,575,666
Unearned premiums		36,212,266	29,788,834
Reinsurance balances payable		1,368,294	371,195
Corporate debt		18,455,342	13,465,574
Accrued expenses		5,441,611	3,472,511
Income taxes - deferred		954,862	1,231,271
Other liabilities		1,030,870	1,290,532
Total liabilities		125,298,054	111,195,583
Equity:
Common stock	[1]	35,000	35,000
Treasury stock, at cost	[2]	(3,155,399)	(3,153,838)
Additional paid-in capital		32,965,136	32,780,436
Accumulated other comprehensive earnings, net of tax		2,920,027	5,520,091
Retained earnings		44,282,895	40,140,115
Less: Unearned Employee Stock Ownership Plan shares at cost	[3]	(2,343,745)	(2,578,115)
Total equity		74,703,914	72,743,689
Total liabilities and equity		200,001,968	183,939,272
Common Stocks [Member]
Investments and cash:
Stocks at fair value		23,608,197	14,724,814
Preferred Stock [Member]
Investments and cash:
Stocks at fair value		$ 2,780,450	$ 1,683,892

[1] Par value $0.01; authorized: 2021 – 10,000,000 shares and 2020 – 10,000,000 shares; issued: 2021 – 3,500,000 and 2020 – 3,500,000 shares; outstanding: 2021 –3,291,852 and 2020 –3,291,125 shares.

[2] 2021 – 208,875 shares and 2020 – 203,811 shares

[3] 2021 –234,374 shares and 2020 –257,811 shares