| Assets: | 2023 | 2022 |
| Bonds | $22,938,654 | $22,597,304 |
| Equities | $2,619,780 | $2,315,150 |
| Cash and Short Term Investments | $1,428,558 | $1,992,837 |
| Premiums Due | $2,948,685 | $2,717,991 |
| Other Assets | $706,828 | $632,248 |
| Total Admitted Assets | $30,642,505 | $30,255,530 |
| Liabilities: | ||
| Unpaid Loss and Loss Adjusting Expenses | $5,053,883 | $6,142,818 |
| Unearned Premiums | $6,077,746 | $5,906,628 |
| Other Liabilities | $2,514,138 | $1,619,634 |
| Total Statutory Liabilities | $13,645,767 | $13,669,080 |
| Capital | $16,996,738 | $16,586,450 |
| Total Liabilities and Capital | $30,642,505 | $30,255,530 |
Summary Statutory Financial Results
| Statement of Statutory Income: | 2023 | 2022 |
| Net Premiums Earned | $10,130,013 | $9,305,281 |
| Loss and Loss Adjustment Expenses | $6,581,246 | $4,828,207 |
| Other Underwriting Expenses | $3,828,631 | $3,878,084 |
| Total Insurance Operations Income | ($279,864) | $598,990 |
| Investment Income | $633,691 | $456,789 |
| Other Income | $55,865 | $65,974 |
| Income Tax | $43,962 | $206,650 |
| Net Income | $365,730 | $915,103 |
| Statutory Combined Ratio | 102.1% | 93.7% |
