Consolidated Balance Sheets - USD ($) $ in Thousands	Jun. 30, 2019	Dec. 31, 2018
ASSETS
Debt securities, available-for-sale, at fair value (amortized cost; $530,516 in 2019 and $550,268 in 2018)	$ 533,148	$ 545,870
Equity securities (cost; $68,709 in 2019 and $68,709 in 2018)	94,012	80,896
Other investments (cost; $3,763 in 2019 and $3,763 in 2018)	2,585	1,148
Total investments	629,745	627,914
Cash and cash equivalents	67,670	35,594
Restricted cash	3,486	4,877
Ceded unearned premiums	150,883	133,031
Premiums receivable	144,674	119,778
Accounts receivable	1,332	1,619
Receivable for securities	2,581	3,369
Reinsurance recoverable	300,155	252,029
Deferred policy acquisition costs	20,308	14,291
Goodwill	44,695	44,695
Intangible assets, net	6,323	7,555
Deferred federal income taxes, net		4,983
Prepaid expenses	3,282	2,588
Other assets	30,634	12,571
Total assets	1,405,768	1,264,894
Liabilities:
Revolving credit facility payable	30,000	30,000
Subordinated debt securities (less unamortized debt issuance cost of $872 in 2019 and $898 in 2018)	55,830	55,804
Reserves for unpaid losses and loss adjustment expenses	551,543	527,247
Unearned premiums	351,630	298,061
Reinsurance balances payable	73,977	67,328
Pension liability	1,946	2,018
Payable for securities	3,167	698
Federal income tax payable	870	4
Deferred federal income taxes, net	143
Accounts payable and other accrued expenses	47,126	28,202
Total liabilities	1,116,232	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	122,778	123,168
Retained earnings	189,249	161,195
Accumulated other comprehensive loss	(1,047)	(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	289,536	255,532
Total liabilities and stockholders' equity	$ 1,405,768	$ 1,264,894