Consolidated Balance Sheets - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Investments:
Fixed maturity securities-held-to-maturity, at amortized cost net of allowance for credit losses of $165 and $182 in 2024 and 2023, respectively, (fair value $461,681 and $473,092 in 2024 and 2023, respectively)	$ 475,322	$ 483,575
Fixed maturity securities-available-for-sale, at fair value (amortized cost $301,691, allowance for credit losses of $0 in 2024 and amortized cost $326,171, allowance for credit losses of $0 in 2023)	290,673	317,064
Equity securities, at fair value (cost $44,045 and $44,046 in 2024 and 2023, respectively)	61,923	57,147
Short-term investments	38,641	0
Total investments	866,559	857,786
Cash and cash equivalents	33,375	38,682
Amounts recoverable from reinsurers (net of allowance for credit losses of $309 and $360 in 2024 and 2023, respectively)	127,503	129,963
Premiums receivable (net of allowance for credit losses of $4,535 and $4,674 in 2024 and 2023, respectively)	143,987	132,861
Deferred income taxes	21,183	20,403
Accrued interest receivable	8,250	8,274
Property and equipment, net	6,767	6,349
Deferred policy acquisition costs	18,994	17,975
Federal income tax recoverable	0	1,781
Other assets	16,525	15,088
Total assets	1,243,143	1,229,162
Liabilities:
Reserves for loss and loss adjustment expenses	668,059	673,994
Unearned premiums	124,288	116,585
Amounts held for others	55,387	53,694
Policyholder deposits	34,311	34,522
Insurance-related assessments	15,624	16,896
Federal income tax payable	2,360	0
Accounts payable and other liabilities	39,875	41,020
Payable for investments purchased	2,145
Total liabilities	942,049	936,711
Shareholders’ equity:
Common stock: voting-$0.01 par value authorized shares-50,000,000 in 2024 and 2023; 20,704,448 shares issued in 2024 and 2023; and 19,135,008 shares outstanding in 2024 and 2023	207	207
Additional paid-in capital	222,443	222,078
Treasury stock, at cost (1,569,440 shares in 2024 and 2023)	(36,929)	(36,929)
Accumulated earnings	124,113	114,289
Accumulated other comprehensive loss, net	(8,740)	(7,194)
Total shareholders’ equity	301,094	292,451
Total liabilities and shareholders’ equity	$ 1,243,143	$ 1,229,162