Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2019	Dec. 31, 2018
Investments:
Debt securities, available-for-sale, at fair value (amortized cost; $569,498 in 2019 and $550,268 in 2018)	$ 574,279	$ 545,870
Equity securities (cost; $71,895 in 2019 and $68,709 in 2018)	99,215	80,896
Other investments (cost; $3,763 in 2019 and $3,763 in 2018)	2,169	1,148
Total investments	675,663	627,914
Cash and cash equivalents	53,336	35,594
Restricted cash	1,612	4,877
Ceded unearned premiums	164,221	133,031
Premiums receivable	148,288	119,778
Accounts receivable	4,286	1,619
Receivable for securities	12,581	3,369
Reinsurance recoverable	315,466	252,029
Deferred policy acquisition costs	22,994	14,291
Goodwill	44,695	44,695
Intangible assets, net	5,087	7,555
Federal income recoverable	8,995
Deferred federal income taxes, net	2,185	4,983
Prepaid expenses	2,603	2,588
Other assets	33,262	12,571
Total assets	1,495,274	1,264,894
Liabilities:
Senior unsecured notes due 2029 (less unamortized debt issuance cost of $942 in 2019)	49,058
Revolving credit facility payable		30,000
Subordinated debt securities (less unamortized debt issuance cost of $846 in 2019 and $898 in 2018)	55,856	55,804
Reserves for unpaid losses and loss adjustment expenses	620,355	527,247
Unearned premiums	388,926	298,061
Reinsurance balances payable	59,274	67,328
Pension liability	1,388	2,018
Payable for securities	1,648	698
Federal income tax payable		4
Accounts payable and other accrued expenses	55,487	28,202
Total liabilities	1,231,992	1,009,362
Commitments and contingencies (Note 18)
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	123,468	123,168
Retained earnings	160,570	161,195
Accumulated other comprehensive income (loss)	688	(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	263,282	255,532
Total liabilities and stockholders’ equity	$ 1,495,274	$ 1,264,894