Condensed Consolidated Balance Sheets - USD ($)	Mar. 31, 2016	Dec. 31, 2015
Assets
Fixed-maturity securities, held-to-maturity, at amortized cost (fair value of $5,366,630 at March 31, 2016, and $5,241,095 at December 31, 2015)	$ 5,140,522	$ 5,138,872
Fixed-maturity securities, available-for-sale, at fair value (amortized cost of $71,617,357 at March 31, 2016 and $62,221,129 at December 31, 2015)	73,230,016	62,502,064
Equity securities, available-for-sale, at fair value (cost of $9,501,112 at March 31, 2016 and $8,751,537 at December 31, 2015)	10,025,750	9,204,270
Total investments	88,396,288	76,845,206
Cash and cash equivalents	5,579,224	13,551,372
Premiums receivable, net	10,522,191	10,621,655
Reinsurance receivables, net	35,830,346	31,270,235
Deferred policy acquisition costs	10,977,276	10,835,306
Intangible assets, net	1,638,887	1,757,816
Property and equipment, net	3,169,531	3,152,266
Other assets	1,511,848	1,095,894
Total assets	157,625,591	149,129,750
Liabilities
Loss and loss adjustment expense reserves	46,030,765	39,876,500
Unearned premiums	49,013,099	48,890,241
Advance premiums	1,731,862	1,199,376
Reinsurance balances payable	3,225,893	1,688,922
Deferred ceding commission revenue	6,416,209	6,435,068
Accounts payable, accrued expenses and other liabilities	2,960,922	4,826,603
Income taxes payable	917,127	263,622
Deferred income taxes	1,106,310	672,190
Total liabilities	$ 111,402,187	$ 103,852,522
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 March 31, 2016 and December 31, 2015; outstanding 7,317,137 shares at March 31, 2016 and 7,328,637 shares at December 31, 2015	82,896	82,896
Capital in excess of par	33,019,316	32,987,082
Accumulated other comprehensive income	1,410,614	484,220
Retained earnings	13,688,654	13,605,225
Total	48,201,480	47,159,423
Treasury stock, at cost, 972,469 shares at March 31, 2016 and 960,969 shares at December 31, 2015	(1,978,076)	(1,882,195)
Total stockholders' equity	46,223,404	45,277,228
Total liabilities and stockholders' equity	$ 157,625,591	$ 149,129,750