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 2020
Bonds $15,067,170 $14,619,435
Equities $5,043,733 $4,434,154
Cash and Short Term Investments $2,963,701 $2,345,827
Premiums Due $5,849,960 $4,770,441
Other Assets $2,777,554 $1,609,666
Total Admitted Assets $31,702,118  $27,779,523
Liabilities:
Unpaid Loss and Loss adjusting Expenses $1,392,700 $1,214,452
Unearned Premiums $3,361,882 $2,776,555
Other Liabilities $14,812,749 $12,516,984
Total Statutory Liabilities $19,567,331 $16,507,991
Capital $12,134,787 $11,271,532
Total Liabilities and Capital $31,702,118 $27,779,523
Statement of Statutory Income: 2021 2020
Net Premiums Earned $4,638,118 $3,664,573
Loss and Loss Adjustment Expenses $2,855,364 $2,560,631
Other Underwriting Expenses $1,781,909 $1,485,215
Total Insurance Operations Income $845 ($381,273)
Investment Income $349,440 $376,573
Other Income $142,187 $115,153
Income Tax $117,885 $52,879
Net Income $374,587 $57,574
Statutory Combined Ratio 96.5% 105.1%