800.932.0363

570.746.9540

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

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Summary Statutory Financial Results

Assets: 2021 2020
Bonds $23,969,464 $22,861,326
Equities $379,698 $445,768
Cash and Short Term Investments $2,318,610 $2,862,358
Premiums Due $2,682,527 $2,699,793
Other Assets $657,020 $267,636
Total Admitted Assets $30,007,319 $29,136,881
Liabilities:
Unpaid Loss and Loss Adjusting Expenses $6,150,599 $5,503,607
Unearned Premiums $5,942,534 $5,936,756
Other Liabilities $1,450,535 $1,777,135
Total Statutory Liabilities $13,543,668 $13,217,498
Capital $16,463,651 $15,919,383
Total Liabilities and Capital $30,007,319 $29,136,881
Statement of Statutory Income: 2021 2020
Net Premiums Earned $9,213,567 $9,120,662
Loss and Loss Adjustment Expenses $5,584,578 $4,255,224
Other Underwriting Expenses $3,909,777 $4,196,784
Total Insurance Operations Income ($280,788) $668,654
Investment Income $841,296 $1,041,387
Other Income $68,537 $67,638
Income Tax ($5,192) $209,065
Net Income $634,237 $1,568,614
Statutory Combined Ratio 103.2% 91.0%
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