| Assets: | 2021 | 2022 |
| Bonds | $23,969,464 | $22,597,304 |
| Equities | $379,698 | $2,315,150 |
| Cash and Short Term Investments | $2,318,610 | $1,992,837 |
| Premiums Due | $2,682,527 | $2,717,991 |
| Other Assets | $657,020 | $632,248 |
| Total Admitted Assets | $30,007,319 | $30,255,530 |
| Liabilities: | ||
| Unpaid Loss and Loss Adjusting Expenses | $6,150,599 | $6,142,818 |
| Unearned Premiums | $5,942,534 | $5,906,628 |
| Other Liabilities | $1,450,535 | $1,619,634 |
| Total Statutory Liabilities | $13,543,668 | $13,669,080 |
| Capital | $16,463,651 | $16,586,450 |
| Total Liabilities and Capital | $30,007,319 | $30,255,530 |
Summary Statutory Financial Results
| Statement of Statutory Income: | 2021 | 2022 |
| Net Premiums Earned | $9,213,567 | $9,305,281 |
| Loss and Loss Adjustment Expenses | $5,584,578 | $4,828,207 |
| Other Underwriting Expenses | $3,909,777 | $3,878,084 |
| Total Insurance Operations Income | ($280,788) | $598,990 |
| Investment Income | $841,296 | $456,789 |
| Other Income | $68,537 | $65,974 |
| Income Tax | ($5,192) | $206,650 |
| Net Income | $634,237 | $915,103 |
| Statutory Combined Ratio | 103.2% | 93.7% |
