Consolidated Balance Sheets - USD ($) $ in Thousands	Sep. 30, 2016	Dec. 31, 2015
ASSETS
Debt securities, available-for-sale, at fair value (cost: $567,989 in 2016 and $538,629 in 2015)	$ 600,791	$ 531,325
Equity securities, available-for-sale, at fair value (cost: $30,249 in 2016 and $24,951 in 2015)	48,836	47,504
Total investments	649,627	578,829
Cash and cash equivalents	69,921	114,446
Restricted cash	11,156	8,522
Ceded unearned premiums	81,256	65,094
Premiums receivable	95,497	83,376
Accounts receivable	2,133	2,005
Receivable for securities	685	10,424
Reinsurance recoverable	133,479	114,287
Deferred policy acquisition costs	20,701	20,366
Goodwill	44,695	44,695
Intangible assets, net	13,108	14,959
Deferred federal income taxes, net	972	3,360
Federal income tax recoverable		1,779
Prepaid expenses	1,948	3,213
Other assets	13,905	10,192
Total assets	1,139,083	1,075,547
LIABILITIES
Revolving credit facility payable	30,000	30,000
Subordinated debt securities (less unamortized debt issuance cost of $1,014 in 2016 and $1,053 in 2015)	55,688	55,649
Reserves for unpaid losses and loss adjustment expenses	455,000	450,878
Unearned premiums	248,304	216,407
Reinsurance balances payable	49,803	33,741
Pension liability	1,987	2,496
Payable for securities	3,955	1,097
Federal income tax payable	1,001
Accounts payable and other accrued expenses	22,407	23,253
Total liabilities	868,145	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	123,263	123,480
Retained earnings	151,689	141,501
Accumulated other comprehensive income	11,489	7,418
Treasury stock (2,229,441 shares in 2016 and 1,775,512 in 2015), at cost	(19,260)	(14,130)
Total stockholders' equity	270,938	262,026
Liabilities and equity, total	$ 1,139,083	$ 1,075,547