Consolidated Balance Sheets - USD ($) $ in Thousands	Jun. 30, 2016	Dec. 31, 2015
ASSETS
Debt securities, available-for-sale, at fair value (cost: $567,989 in 2016 and $538,629 in 2015)	$ 569,271	$ 531,325
Equity securities, available-for-sale, at fair value (cost: $30,249 in 2016 and $24,951 in 2015)	49,460	47,504
Total investments	618,731	578,829
Cash and cash equivalents	91,940	114,446
Restricted cash	9,242	8,522
Ceded unearned premiums	74,610	65,094
Premiums receivable	97,059	83,376
Accounts receivable	2,016	2,005
Receivable for securities	1,394	10,424
Reinsurance recoverable	124,865	114,287
Deferred policy acquisition costs	20,624	20,366
Goodwill	44,695	44,695
Intangible assets, net	13,726	14,959
Deferred federal income taxes, net	2,174	3,360
Federal income tax recoverable	260	1,779
Prepaid expenses	4,637	3,213
Other assets	10,748	10,192
Total assets	1,116,721	1,075,547
LIABILITIES
Revolving credit facility payable	30,000	30,000
Subordinated debt securities (less unamortized debt issuance cost of $1,027 in 2016 and $1,053 in 2015)	55,675	55,649
Reserves for unpaid losses and loss adjustment expenses	443,612	450,878
Unearned premiums	236,767	216,407
Reinsurance balances payable	45,055	33,741
Pension liability	2,429	2,496
Payable for securities	12,626	1,097
Accounts payable and other accrued expenses	24,462	23,253
Total liabilities	850,626	813,521
Commitments and Contingencies (Note 17)
Stockholders' equity:
Common stock, $.18 par value, authorized 33,333,333; issued 20,872,831 shares in 2016 and 2015	3,757	3,757
Additional paid-in capital	123,650	123,480
Retained earnings	146,641	141,501
Accumulated other comprehensive income	10,864	7,418
Treasury stock (2,204,267 shares in 2016 and 1,775,512 in 2015), at cost	(18,817)	(14,130)
Total stockholders' equity	266,095	262,026
Liabilities and equity, total	$ 1,116,721	$ 1,075,547