Consolidated Balance Sheets - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
ASSETS
Debt securities, available-for-sale, at fair value (cost: $605,986 in 2017 and $597,784 in 2016)	$ 608,074	$ 597,457
Equity securities, available-for-sale, at fair value (cost: $33,220 in 2017 and $31,449 in 2016)	56,477	51,711
Other investments (cost, $3,763 in 2017 and 2016)	4,448	4,951
Total investments	668,999	654,119
Cash and cash equivalents	77,448	79,632
Restricted cash	3,458	7,327
Ceded unearned premiums	92,638	81,482
Premiums receivable	107,806	89,715
Accounts receivable	1,756	2,269
Receivable for securities	1,620	3,047
Reinsurance recoverable	164,434	147,821
Deferred policy acquisition costs	19,335	19,193
Goodwill	44,695	44,695
Intangible assets, net	11,257	12,491
Deferred federal income taxes, net	1,621	1,365
Federal income tax recoverable	1,797	3,951
Prepaid expenses	2,256	1,552
Other assets	13,720	13,801
Total assets	1,212,840	1,162,460
LIABILITIES
Revolving credit facility payable	30,000	30,000
Subordinated debt securities (less unamortized debt issuance cost of $975 in 2017 and $1,001 in 2016)	55,727	55,701
Reserves for unpaid losses and loss adjustment expenses	505,358	481,567
Unearned premiums	261,893	241,254
Reinsurance balances payable	54,178	46,488
Pension liability	2,100	2,203
Payable for securities	13,257	14,215
Accounts payable and other accrued expenses	24,627	25,296
Total liabilities	947,140	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	123,110	123,166
Retained earnings	148,663	148,027
Accumulated other comprehensive income	13,933	10,371
Treasury stock (2,637,434 shares in 2017 and 2,260,849 in 2016), at cost	(23,763)	(19,585)
Total stockholders' equity	265,700	265,736
Liabilities and equity, total	$ 1,212,840	$ 1,162,460