Condensed Consolidated Balance Sheets - USD ($)	Mar. 31, 2026	Dec. 31, 2025
Assets
Fixed-maturity securities, held-to-maturity, at amortized cost (fair value of $5,053,137 at March 31, 2026 and $5,137,267 at December 31, 2025)	$ 6,041,016	$ 6,042,348
Fixed-maturity securities, available-for-sale, at fair value (amortized cost of $304,102,884 at March 31, 2026 and $296,738,055 at December 31, 2025)	293,800,426	289,037,190
Equity securities, at fair value (cost of $13,546,654 at March 31, 2026 and $13,546,654 at December 31, 2025)	9,839,800	10,056,595
Other investments	3,756,749	4,552,378
Total investments	313,437,991	309,688,511
Cash and cash equivalents	11,355,391	12,178,730
Premiums receivable, net of allowance for credit losses of $53,299 at March 31, 2026, and $20,631 at December 31, 2025	19,027,968	21,012,408
Reinsurance receivables, net	57,996,924	58,996,945
Prepaid reinsurance	4,934,974	2,142,329
Deferred policy acquisition costs	27,799,748	27,867,207
Intangible assets	500,000	500,000
Property and equipment, net	8,017,975	7,897,675
Deferred income taxes, net	6,318,887	4,179,559
Other assets	15,949,185	8,961,787
Total assets	465,339,043	453,425,151
Liabilities
Loss and loss adjustment expense reserves	171,748,662	140,538,618
Unearned premiums	153,642,731	154,028,072
Advance premiums	5,897,368	4,003,453
Reinsurance balances payable	4,775,176	5,232,319
Deferred ceding commission revenue	2,818,444	8,362,529
Accounts payable, accrued expenses and other liabilities	4,984,969	11,253,649
Income taxes payable	2,844,212	2,835,135
Debt, net (current $1,315,984 and long-term $2,806,987 at March 31, 2026, current $1,296,900 and long-term $3,143,227 at December 31, 2025)	4,122,971	4,440,127
Total liabilities	350,834,533	330,693,902
Commitments and Contingencies (Note 11)
Stockholders' Equity
Preferred stock, $0.01 par value; authorized 2,500,000 shares	0	0
Common stock, $0.01 par value; authorized 20,000,000 shares; issued 16,006,728 shares at March 31, 2026 and 15,921,651 shares at December 31, 2025; outstanding 14,482,603 shares at March 31, 2026 and 14,397,526 shares at December 31, 2025	160,066	159,216
Capital in excess of par	99,982,907	99,624,713
Accumulated other comprehensive loss	(8,136,787)	(6,081,530)
Retained earnings	28,066,331	34,596,857
Stockholders' equity before treasury stock	120,072,517	128,299,256
Treasury stock, at cost, 1,524,125 shares at March 31, 2026 and 1,524,125 at December 31, 2025	(5,568,007)	(5,568,007)
Total stockholders' equity	114,504,510	122,731,249
Total liabilities and stockholders' equity	$ 465,339,043	$ 453,425,151