| Assets: | 2020 | 2019 |
| Bonds | $14,619,435 | $11,536,558 |
| Equities | 4,434,154 | 2,981,936 |
| Cash and Short Term Investments | 2,345,827 | 4,127,215 |
| Premiums Due | 4,770,441 | 3,207,621 |
| Other Assets | 1,609,666 | 1,832,503 |
| Total Admitted Assets | $27,779,523 | $23,685,833 |
| Liabilities: | ||
| Unpaid Loss and Loss Adjusting Expenses | $1,214,452 | $873,692 |
| Unearned Premiums | 2,776,555 | 2,241,921 |
| Other Liabilities | 12,516,984 | 9,556,854 |
| Total Statutory Liabilities | $16,507,991 | $12,672,467 |
| Capital | $11,271,532 | $11,013,366 |
| Total Liabilities and Capital | $27,779,523 | $23,685,833 |
Summary Statutory Financial Results
| Statement of Statutory Income: | 2020 | 2019 |
| Net Premiums Earned | $3,664,573 | $2,880,162 |
| Loss and Loss Adjustment Expenses | 2,560,631 | 1,799,114 |
| Other Underwriting Expenses | 1,485,215 | 1,267,931 |
| Total Insurance Operations Income | ($381,273) | ($186,883) |
| Investment Income | $376,573 | $439,743 |
| Other Income | $115,153 | $124,996 |
| Income Tax | $52,879 | $72,398 |
| Net Income | $57,574 | $305,458 |
| Statutory Combined Ratio | 105.1% | 102.7% |
