888.544.5642

570.746.9515

41908 Route 6 | PO Box 7 | Wyalusing, PA 18853

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Summary Statutory Financial Results

Assets: 2021 2022
Bonds $15,067,170 $15,747,154
Equities $5,043,733 $4,912,351
Cash and Short Term Investments $2,963,701 $4,760,297
Premiums Due $5,849,960 $6,531,947
Other Assets $2,777,554 $1,281,022
Total Admitted Assets $31,702,118  $33,232,771
Liabilities:
Unpaid Loss and Loss adjusting Expenses $1,392,700 $2,264,566
Unearned Premiums $3,361,882 $3,639,681
Other Liabilities $14,812,749 $15,961,161
Total Statutory Liabilities $19,567,331 $21,865,408
Capital $12,134,787 $11,367,363
Total Liabilities and Capital $31,702,118 $33,232,771
Statement of Statutory Income: 2021 2022
Net Premiums Earned $4,638,118 $5,325,506
Loss and Loss Adjustment Expenses $2,855,364 $4,119,976
Other Underwriting Expenses $1,781,909 $2,027,292
Total Insurance Operations Income $845 ($821,762)
Investment Income $349,440 $409,435
Other Income $142,187 $147,161
Income Tax $117,885  ($25,867)
Net Income $374,587  ($239,299)
Statutory Combined Ratio 96.5% 113.9%