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STATEMENTS OF FINANCIAL POSITION - USD ($)
$ in Thousands
Sep. 30, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 97,664 $ 183,702
Available-for-sale securities 25,750 38,396
Receivables from Erie Insurance Exchange and affiliates, net 544,353 479,123
Prepaid expenses and other current assets 49,360 56,206
Accrued investment income 7,352 6,303
Total current assets 724,479 763,730
Available-for-sale securities, net 848,937 907,689
Equity securities 68,969 87,743
Fixed assets, net 408,750 374,802
Agent loans, net 60,673 58,683
Deferred income taxes, net 20,859 145
Other assets 45,085 49,265
Total assets 2,177,752 2,242,057
Current liabilities:    
Commissions payable 310,225 270,746
Agent bonuses 77,609 120,437
Accounts payable and accrued liabilities 149,020 138,317
Dividends payable 51,693 51,693
Contract liability 36,786 34,935
Deferred executive compensation 8,859 12,637
Current portion of long-term borrowings 0 2,098
Total current liabilities 634,192 630,863
Defined benefit pension plans 131,222 130,383
Long-term borrowings 0 91,734
Contract liability 18,024 17,686
Deferred executive compensation 11,441 14,571
Other long-term liabilities 26,294 14,342
Total liabilities 821,173 899,579
Shareholders’ equity    
Additional paid-in-capital 16,481 16,496
Accumulated other comprehensive loss (89,172) (25,288)
Retained earnings 2,573,190 2,495,190
Total contributed capital and retained earnings 2,502,669 2,488,568
Treasury stock, at cost; 22,110,132 shares held (1,168,482) (1,167,828)
Deferred compensation 22,392 21,738
Total shareholders’ equity 1,356,579 1,342,478
Total liabilities and shareholders’ equity 2,177,752 2,242,057
Class A common stock    
Shareholders’ equity    
Common stock 1,992 1,992
Class B common stock    
Shareholders’ equity    
Common stock $ 178 $ 178