Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
ASSETS
Debt securities, available-for-sale, at fair value (cost; $538,629 in 2015 and $450,770 in 2014)	$ 531,325	$ 450,785
Equity securities, available-for-sale, at fair value (cost; $24,951 in 2015 and $25,360 in 2014)	47,504	56,444
Total investments	578,829	507,229
Cash and cash equivalents	114,446	130,985
Restricted cash	8,522	11,914
Ceded unearned premiums	65,094	53,376
Premiums receivable	83,376	71,003
Accounts receivable	2,005	3,141
Receivable for securities	10,424	932
Reinsurance recoverable	114,287	109,719
Deferred policy acquisition costs	20,366	20,746
Goodwill	44,695	44,695
Intangible assets, net	14,959	17,427
Deferred federal income taxes, net	3,360
Federal income tax recoverable	1,779
Prepaid expenses	3,213	1,823
Other assets	11,245	7,879
Total assets	1,076,600	980,869
LIABILITIES AND STOCKHOLDERS' EQUITY
Revolving credit facility payable	30,000
Subordinated debt securities	56,702	56,702
Reserves for unpaid losses and loss adjustment expenses	450,878	415,135
Unearned premiums	216,407	196,826
Reinsurance balances payable	33,741	26,403
Pension liability	2,496	2,619
Payable for securities	1,097	1,321
Federal income tax payable		968
Deferred federal income taxes, net		3,092
Accounts payable and other accrued expenses	23,253	25,766
Total liabilities	814,574	728,832
Stockholders' equity:
Common stock, $.18 par value, authorized 33,333,333 shares; issued 20,872,831 shares in 2015 and 2014	3,757	3,757
Additional paid-in capital	123,480	123,194
Retained earnings	141,501	119,638
Accumulated other comprehensive income	7,418	17,801
Treasury stock (1,775,512 shares in 2015 and 1,655,306 in 2014), at cost	(14,130)	(12,353)
Total stockholders equity	262,026	252,037
Liabilities and equity, total	$ 1,076,600	$ 980,869