| Assets: | 2023 | 2022 |
| Bonds | $14,782,714 | $15,747,154 |
| Equities | $5,560,091 | $4,912,351 |
| Cash and Short Term Investments | $5,210,363 | $4,760,297 |
| Premiums Due | $6,886,975 | $6,531,947 |
| Other Assets | $1,268,719 | $1,281,022 |
| Total Admitted Assets | $33,708,862 | $33,232,771 |
| Liabilities: | ||
| Unpaid Loss and Loss adjusting Expenses | $1,433,621 | $2,264,566 |
| Unearned Premiums | $3,719,773 | $3,639,681 |
| Other Liabilities | $16,516,716 | $15,961,161 |
| Total Statutory Liabilities | $21,670,110 | $21,865,408 |
| Capital | $12,038,752 | $11,367,363 |
| Total Liabilities and Capital | $33,708,862 | $33,232,771 |
Summary Statutory Financial Results
| Statement of Statutory Income: | 2023 | 2022 |
| Net Premiums Earned | $5,517,640 | $5,325,506 |
| Loss and Loss Adjustment Expenses | $3,747,219 | $4,119,976 |
| Other Underwriting Expenses | $2,203,464 | $2,027,292 |
| Total Insurance Operations Income | ($433,043) | ($821,762) |
| Investment Income | $681,978 | $409,435 |
| Other Income | $142,660 | $147,161 |
| Income Tax | $77,104 | ($25,867) |
| Net Income | $314,491 | ($239,299) |
| Statutory Combined Ratio | 106.7% | 113.9% |
