Consolidated Balance Sheets - USD ($) $ in Thousands	Sep. 30, 2017	Dec. 31, 2016
ASSETS
Debt securities, available-for-sale, at fair value (cost: $616,885 in 2017 and $597,784 in 2016)	$ 618,234	$ 597,457
Equity securities, available-for-sale, at fair value (cost: $26,681 in 2017 and $31,449 in 2016)	47,799	51,711
Other investments (cost, $3,763 in 2017 and 2016)	4,221	4,951
Total investments	670,254	654,119
Cash and cash equivalents	89,770	79,632
Restricted cash	3,343	7,327
Ceded unearned premiums	103,970	81,482
Premiums receivable	101,658	89,715
Accounts receivable	1,934	2,269
Receivable for securities	1,709	3,047
Reinsurance recoverable	181,961	147,821
Deferred policy acquisition costs	19,245	19,193
Goodwill	44,695	44,695
Intangible assets, net	10,641	12,491
Deferred federal income taxes, net	2,345	1,365
Federal income tax recoverable	2,033	3,951
Prepaid expenses	1,677	1,552
Other assets	13,587	13,801
Total assets	1,248,822	1,162,460
LIABILITIES
Revolving credit facility payable	30,000	30,000
Subordinated debt securities (less unamortized debt issuance cost of $962 in 2017 and $1,001 in 2016)	55,740	55,701
Reserves for unpaid losses and loss adjustment expenses	531,499	481,567
Unearned premiums	279,487	241,254
Reinsurance balances payable	57,023	46,488
Pension liability	2,049	2,203
Payable for securities	7,635	14,215
Accounts payable and other accrued expenses	23,916	25,296
Total liabilities	987,349	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	123,156	123,166
Retained earnings	147,103	148,027
Accumulated other comprehensive income	12,085	10,371
Treasury stock (2,714,902 shares in 2017 and 2,260,849 in 2016), at cost	(24,628)	(19,585)
Total stockholders' equity	261,473	265,736
Liabilities and equity, total	$ 1,248,822	$ 1,162,460