Consolidated Balance Sheets - USD ($) $ in Thousands	Mar. 31, 2019	Dec. 31, 2018
ASSETS
Debt securities, available-for-sale, at fair value (amortized cost; $523,745 in 2019 and $550,268 in 2018)	$ 522,977	$ 545,870
Equity securities (cost; $68,709 in 2019 and $68,709 in 2018)	88,656	80,896
Other investments (cost; $3,763 in 2019 and $3,763 in 2018)	1,184	1,148
Total investments	612,817	627,914
Cash and cash equivalents	65,490	35,594
Restricted cash	3,322	4,877
Ceded unearned premiums	132,799	133,031
Premiums receivable	132,025	119,778
Accounts receivable	1,851	1,619
Receivable for securities	2,292	3,369
Reinsurance recoverable	268,648	252,029
Deferred policy acquisition costs	19,225	14,291
Goodwill	44,695	44,695
Intangible assets, net	6,940	7,555
Deferred federal income taxes, net	1,727	4,983
Prepaid expenses	4,128	2,588
Other assets	32,772	12,571
Total assets	1,328,731	1,264,894
Liabilities:
Revolving credit facility payable	30,000	30,000
Subordinated debt securities (less unamortized debt issuance cost of $885 in 2019 and $898 in 2018)	55,817	55,804
Reserves for unpaid losses and loss adjustment expenses	530,226	527,247
Unearned premiums	316,201	298,061
Reinsurance balances payable	68,681	67,328
Pension liability	1,982	2,018
Payable for securities	1,503	698
Federal income tax payable	1,411	4
Accounts payable and other accrued expenses	49,258	28,202
Total liabilities	1,055,079	1,009,362
Commitments and Contingencies (Note 17)
Stockholders' equity:
Common stock, $.18 par value, authorized 33,333,333 shares; issued 20,872,831 shares in 2019 and 2018	3,757	3,757
Additional paid-in capital	122,638	123,168
Retained earnings	176,220	161,195
Accumulated other comprehensive loss	(3,762)	(6,660)
Treasury stock (2,749,738 shares in 2019 and 2,846,131 in 2018), at cost	(25,201)	(25,928)
Total stockholders' equity	273,652	255,532
Total liabilities and stockholders' equity	$ 1,328,731	$ 1,264,894