Consolidated Balance Sheets - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
ASSETS
Debt securities, available-for-sale, at fair value (cost: $605,438 in 2017 and $597,784 in 2016)	$ 605,333	$ 597,457
Equity securities, available-for-sale, at fair value (cost: $30,369 in 2017 and $31,449 in 2016)	53,156	51,711
Other investments (cost, $3,763 in 2017 and 2016)	4,510	4,951
Total investments	662,999	654,119
Cash and cash equivalents	82,953	79,632
Restricted cash	2,852	7,327
Ceded unearned premiums	82,358	81,482
Premiums receivable	94,496	89,715
Accounts receivable	1,708	2,269
Receivable for securities	1,254	3,047
Reinsurance recoverable	148,588	147,821
Deferred policy acquisition costs	19,094	19,193
Goodwill	44,695	44,695
Intangible assets, net	11,875	12,491
Deferred federal income taxes, net	575	1,365
Federal income tax recoverable	1,955	3,951
Prepaid expenses	3,406	1,552
Other assets	14,416	13,801
Total assets	1,173,224	1,162,460
LIABILITIES
Revolving credit facility payable	30,000	30,000
Subordinated debt securities (less unamortized debt issuance cost of $988 in 2017 and $1,001 in 2016)	55,714	55,701
Reserves for unpaid losses and loss adjustment expenses	486,971	481,567
Unearned premiums	241,427	241,254
Reinsurance balances payable	51,738	46,488
Pension liability	2,152	2,203
Payable for securities	9,036	14,215
Accounts payable and other accrued expenses	25,160	25,296
Total liabilities	902,198	896,724
Commitments and Contingencies (Note 16)
Stockholders' equity:
Common stock, $.18 par value, authorized 33,333,333; issued 20,872,831 shares in 2017 and 2016	3,757	3,757
Additional paid-in capital	123,183	123,166
Retained earnings	152,013	148,027
Accumulated other comprehensive income	12,178	10,371
Treasury stock (2,306,735 shares in 2017 and 2,260,849 in 2016), at cost	(20,105)	(19,585)
Total stockholders' equity	271,026	265,736
Liabilities and equity, total	$ 1,173,224	$ 1,162,460