Consolidated Balance Sheets - USD ($) $ in Thousands	Sep. 30, 2023	Dec. 31, 2022
Investments:
Fixed maturity securities-held-to-maturity, at amortized cost net of allowance for credit losses of $188 and $239 in 2023 and 2022, respectively, (fair value $452,019 and $468,144 in 2023 and 2022, respectively)	$ 487,166	$ 491,688
Available-for-sale fixed maturity, Fair Value	306,040	321,121
Equity securities, Fair Value	54,926	62,058
Short-term investments	40,887	14,120
Total investments	889,019	888,987
Cash and cash equivalents	59,249	61,469
Amounts recoverable from reinsurers (net of allowance for credit losses of $343 and $372 in 2023 and 2022, respectively)	127,687	125,677
Premiums receivable (net of allowance for credit losses of $4,643 and $4,852 in 2023 and 2022, respectively)	144,445	121,713
Deferred income taxes	25,683	22,794
Accrued interest receivable	8,548	8,428
Property and equipment, net	6,678	7,225
Deferred policy acquisition costs	18,796	17,401
Federal income tax recoverable	546	1,453
Other assets	15,985	14,132
Total assets	1,296,636	1,269,279
Liabilities:
Reserves for loss and loss adjustment expenses	684,348	696,037
Unearned premiums	126,338	114,976
Amounts held for others	52,013	48,811
Policyholder deposits	34,431	36,312
Insurance-related assessments	18,295	17,653
Accounts payable and other liabilities	41,579	38,058
Payable for investments purchased	3,749
Total liabilities	960,753	951,847
Shareholders’ equity:
Common stock: voting-$0.01 par value authorized shares-50,000,000 in 2023 and 2022; 20,707,148 and 20,678,572 shares issued; and 19,184,449 and 19,155,873 shares outstanding in 2023 and 2022, respectively	207	207
Additional paid-in capital	221,905	220,299
Treasury stock, at cost (1,522,699 shares in 2023 and 2022)	(34,758)	(34,758)
Accumulated earnings	168,892	145,512
Accumulated other comprehensive loss, net	(20,363)	(13,828)
Total shareholders’ equity	335,883	317,432
Total liabilities and shareholders’ equity	$ 1,296,636	$ 1,269,279