Consolidated Balance Sheets - USD ($)	Dec. 31, 2024	Dec. 31, 2023
Fixed maturities
Held to maturity, at amortized cost (fair value $631,568,929 and $611,526,338; net of allowance for expected credit losses of $1,388,240 and $1,325,847)	$ 705,713,916	$ 679,497,038
Available for sale, at fair value (amortized cost $652,564,965 and $629,727,513)	617,891,862	589,348,243
Equity securities, at fair value	36,807,810	25,902,956
Short-term investments, at cost, which approximates fair value	24,558,744	32,305,408
Total investments	1,384,972,332	1,327,053,645
Cash	52,925,931	23,792,273
Accrued investment income	10,361,959	9,945,714
Premiums receivable	181,106,519	179,591,821
Reinsurance receivable (net of allowance for expected credit losses of $391,432 and $1,394,074)	420,741,855	441,431,334
Deferred policy acquisition costs	73,346,967	75,043,404
Deferred tax asset, net	18,769,861	19,532,525
Prepaid reinsurance premiums	176,161,872	168,724,465
Property and equipment, net	2,479,183	2,633,405
Accounts receivable - securities	24,924	1,501,079
Federal income taxes recoverable	0	8,102,321
Due from affiliate	8,410,090	1,907,527
Goodwill	5,625,354	5,625,354
Other intangible assets	958,010	958,010
Other	147,126	451,011
Total assets	2,336,031,983	2,266,293,888
Liabilities
Losses and loss expenses	1,120,985,050	1,126,156,838
Unearned premiums	612,476,068	599,411,468
Accrued expenses	2,916,705	3,946,974
Reinsurance balances payable	4,345,426	8,758,976
Borrowings under lines of credit	35,000,000	35,000,000
Cash dividends declared to stockholders	6,031,078	5,569,992
Federal income taxes payable	356,103	0
Other	8,145,422	7,704,286
Total liabilities	1,790,255,852	1,786,548,534
Stockholders' Equity
Preferred stock, $.01 par value, authorized 2,000,000 shares; none issued	0	0
Additional paid-in capital	369,679,946	335,694,478
Accumulated other comprehensive loss	(28,200,481)	(32,881,822)
Retained earnings	245,136,987	217,794,917
Treasury stock, at cost	(41,226,357)	(41,226,357)
Total stockholders' equity	545,776,131	479,745,354
Total liabilities and stockholders' equity	2,336,031,983	2,266,293,888
Class A Common Stock [Member]
Stockholders' Equity
Common stock value	329,544	307,646
Class B Common Stock [Member]
Stockholders' Equity
Common stock value	$ 56,492	$ 56,492