Consolidated Balance Sheets - USD ($)	Dec. 31, 2015	Dec. 31, 2014
Assets
Fixed-maturity securities, held-to-maturity, at amortized cost (fair value of $5,241,095 at December 31, 2015 and $5,395,054 at December 31, 2014)	$ 5,138,872	$ 5,128,735
Fixed-maturity securities, available-for-sale, at fair value (amortized cost of $62,221,129 at December 31, 2015 and $50,083,441 at December 31, 2014)	62,502,064	51,120,859
Equity securities, available-for-sale, at fair value (cost of $8,751,537 at December 31, 2015 and $7,621,309 at December 31, 2014)	9,204,270	8,017,729
Total investments	76,845,206	64,267,323
Cash and cash equivalents	13,551,372	9,906,878
Premiums receivable, net	10,621,655	8,946,899
Receivables - reinsurance contracts	0	1,301,549
Reinsurance receivables, net	31,270,235	35,575,276
Deferred policy acquisition costs	10,835,306	8,985,981
Intangible assets, net	1,757,816	2,233,530
Property and equipment, net	3,152,266	2,448,042
Other assets	1,095,894	1,330,944
Total assets	149,129,750	134,996,422
Liabilities
Loss and loss adjustment expense reserves	39,876,500	39,912,683
Unearned premiums	48,890,241	40,458,041
Advance premiums	1,199,376	1,006,582
Reinsurance balances payable	1,688,922	2,096,363
Deferred ceding commission revenue	6,435,068	5,956,540
Accounts payable, accrued expenses and other liabilities	4,826,603	3,928,137
Income taxes payable	263,622	0
Deferred income taxes	672,190	1,137,180
Total liabilities	$ 103,852,522	$ 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 8,289,606 shares at December 31, 2015 and 8,235,095 shares at December 31, 2014; outstanding 7,328,637 shares at December 31, 2015 and 7,308,757 shares at December 31, 2014	82,896	82,351
Capital in excess of par	32,987,082	32,873,383
Accumulated other comprehensive income	484,220	946,332
Retained earnings	13,605,225	8,203,003
Total	47,159,423	42,105,069
Treasury stock, at cost, 960,969 shares at December 31, 2015 and 926,338 shares at December 31, 2014	(1,882,195)	(1,604,173)
Total stockholders' equity	45,277,228	40,500,896
Total liabilities and stockholders' equity	$ 149,129,750	$ 134,996,422