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Consolidated Statements of Cash Flows - USD ($)
9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Cash Flows from Operating Activities:    
Net income $ 38,246,897 $ 32,997,997
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation, amortization and other non-cash items 5,115,850 4,299,566
Net investment losses (gains) 940,488 (19,294,229)
Equity in earnings of Donegal Financial Services Corporation   (295,000)
Changes in assets and liabilities:    
Losses and loss expenses 72,256,493 49,869,114
Unearned premiums 48,083,628 21,508,606
Premiums receivable (11,941,733) (17,047,509)
Deferred acquisition costs (2,269,695) (3,070,684)
Deferred income taxes (619,312) 210,518
Reinsurance receivable (36,843,000) (18,997,523)
Prepaid reinsurance premiums (31,916,191) (6,578,384)
Accrued investment income (1,557,230) (724,150)
Due to affiliate (3,613,903) (3,858,708)
Reinsurance balances payable 260,626 (1,849,471)
Current income taxes (4,490,180) 3,266,422
Accrued expenses (3,869,386) 1,522,732
Other, net 678,760 6,479,153
Net adjustments 30,215,215 15,440,453
Net cash provided by operating activities 68,462,112 48,438,450
Cash Flows from Investing Activities:    
Purchases of fixed maturities, held to maturity (110,914,229) (69,297,759)
Purchases of fixed maturities, available for sale (143,743,351) (125,791,644)
Purchases of equity securities, available for sale (6,964,092) (19,055,851)
Maturity of fixed maturities:    
Held to maturity 39,629,000 13,723,483
Available for sale 120,857,543 88,459,874
Sales of fixed maturities, available for sale 22,172,930 20,548,077
Sales of equity securities, available for sale 5,985,211 37,968,114
Net purchases of property and equipment (73,706) (147,005)
Net (purchases) sales of short-term investments (6,655,716) 8,122,436
Net cash used in investing activities (79,706,410) (11,547,502)
Cash Flows from Financing Activities:    
Cash dividends paid (12,605,480) (12,031,153)
Issuance of common stock 12,407,700 2,814,504
Borrowing under lines of credit 50,000,000  
Payments on lines of credit   (25,000,000)
Net cash provided by (used in) financing activities 49,802,220 (34,216,649)
Net increase in cash 38,557,922 2,674,299
Cash at beginning of period 49,318,930 52,594,461
Cash at end of period 87,876,852 55,268,760
Cash paid during period - Interest 928,474 321,585
Net cash paid during period - Taxes $ 10,800,000 2,200,000
Donegal Financial Services Corporation [Member]    
Maturity of fixed maturities:    
Sale of investment in Donegal Financial Services Corporation   $ 33,922,773