Condensed Consolidated Balance Sheets - USD ($)	Jun. 30, 2015	Dec. 31, 2014
Assets
Fixed-maturity securities, held-to-maturity, at amortized cost (fair value of $5,258,561 at June 30, 2015 and $5,395,054 at December 31, 2014)	$ 5,135,552	$ 5,128,735
Fixed-maturity securities, available-for-sale, at fair value (amortized cost of $56,207,791 at June 30, 2015 and $50,083,441 at December 31, 2014)	56,852,094	51,120,859
Equity securities, available-for-sale, at fair value (cost of $9,028,208 at June 30, 2015 and $7,621,309 at December 31, 2014)	9,275,452	8,017,729
Total investments	71,263,098	64,267,323
Cash and cash equivalents	3,932,397	9,906,878
Premiums receivable, net of provision for uncollectible amounts	10,498,787	8,946,899
Receivables - reinsurance contracts	2,126,803	1,301,549
Reinsurance receivables, net of provision for uncollectible amounts	38,741,165	35,575,276
Deferred policy acquisition costs	9,759,078	8,985,981
Intangible assets, net	1,995,673	2,233,530
Property and equipment, net of accumulated depreciation	2,822,878	2,448,042
Other assets	1,321,191	1,330,944
Total assets	142,461,070	134,996,422
Liabilities
Loss and loss adjustment expense reserves	41,248,820	39,912,683
Unearned premiums	44,109,982	40,458,041
Advance premiums	1,382,659	1,006,582
Reinsurance balances payable	2,749,770	2,096,363
Deferred ceding commission revenue	6,328,325	5,956,540
Accounts payable, accrued expenses and other liabilities	3,275,664	3,928,137
Income taxes payable	454,133	0
Deferred income taxes	888,044	1,137,180
Total liabilities	$ 100,437,397	$ 94,495,526
Commitments and Contingencies
Stockholders' Equity
Preferred stock, $.01 par value; authorized 2,500,000 shares	$ 0	$ 0
Common stock, $.01 par value; authorized 20,000,000 shares; issued 8,286,452 shares at June 30, 2015 and 8,235,095 shares at December 31, 2014; outstanding 7,333,664 shares at June 30, 2015 and 7,308,757 shares at December 31, 2014	82,865	82,351
Capital in excess of par	32,928,127	32,873,383
Accumulated other comprehensive income	588,420	946,332
Retained earnings	10,232,494	8,203,003
Total	43,831,906	42,105,069
Treasury stock, at cost, 952,788 shares at June 30, 2015 and 926,338 shares at December 31, 2014	(1,808,233)	(1,604,173)
Total stockholders' equity	42,023,673	40,500,896
Total liabilities and stockholders' equity	$ 142,461,070	$ 134,996,422