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CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2017
Dec. 31, 2016
Investments:    
Fixed maturity securities available-for-sale, at fair value (amortized cost $1,233,772 and $1,189,525) $ 1,258,340 $ 1,199,699
Equity securities available-for-sale, at fair value (cost $150,428 and $147,479) 231,719 213,839
Other long-term investments 14,471 12,506
Short-term investments 25,255 39,670
Total investments 1,529,785 1,465,714
Cash 402 307
Reinsurance receivables due from affiliate 26,079 21,326
Prepaid reinsurance premiums due from affiliate 15,759 9,309
Deferred policy acquisition costs (affiliated $43,836 and $40,660) 44,110 40,939
Amounts due from affiliate to settle inter-company transaction balances 4,210 0
Prepaid pension and postretirement benefits due from affiliate 11,407 12,314
Accrued investment income 11,963 11,050
Amounts receivable under reverse repurchase agreements 16,500 20,000
Accounts receivable 813 2,076
Income taxes recoverable 3,850 0
Goodwill 942 942
Other assets (affiliated $4,818 and $4,632) 5,018 4,836
Total assets 1,670,838 1,588,813
LIABILITIES    
Losses and settlement expenses (affiliated $720,901 and $685,533) 726,461 690,532
Unearned premiums (affiliated $281,055 and $243,682) 282,443 244,885
Other policyholders' funds (all affiliated) 9,847 13,068
Surplus notes payable to affiliate 25,000 25,000
Amounts due affiliate to settle inter-company transaction balances 0 11,222
Pension benefits payable to affiliate 3,807 4,097
Income taxes payable 0 2,359
Deferred income taxes 21,403 11,321
Other liabilities (affiliated $24,155 and $27,871) 26,815 32,987
Total liabilities 1,095,776 1,035,471
STOCKHOLDERS' EQUITY    
Common stock, $1 par value, authorized 30,000,000 shares; issued and outstanding, 21,379,763 shares in 2017 and 21,222,535 shares in 2016 21,380 21,223
Additional paid-in capital 122,640 119,054
Accumulated other comprehensive income 64,326 46,081
Retained earnings 366,716 366,984
Total stockholders' equity 575,062 553,342
Total liabilities and stockholders' equity $ 1,670,838 $ 1,588,813