Exhibit 99.2

Erie Indemnity Company

Statements of Operations

(dollars in thousands, except per share data)

	Three months ended March 31,
	2019			2018
	(Unaudited)
Operating revenue
Management fee revenue - policy issuance and renewal services, net	$	430,983		$	405,978
Management fee revenue - administrative services, net	13,951			13,074
Administrative services reimbursement revenue	142,480			145,963
Service agreement revenue	6,692			7,145
Total operating revenue	594,106			572,160
Operating expenses
Cost of operations - policy issuance and renewal services	365,504			348,630
Cost of operations - administrative services	142,480			145,963
Total operating expenses	507,984			494,593
Operating income	86,122			77,567
Investment income
Net investment income	8,517			6,820
Net realized investment gains (losses)	2,503			(465		)
Net impairment losses recognized in earnings	(78		)	0
Equity in losses of limited partnerships	(1,147		)	(192		)
Total investment income	9,795			6,163
Interest expense, net	449			553
Other income	47			44
Income before income taxes	95,515			83,221
Income tax expense	20,204			17,463
Net income	$	75,311		$	65,758
Net income per share
Class A common stock – basic	$	1.62		$	1.41
Class A common stock – diluted	$	1.44		$	1.26
Class B common stock – basic and diluted	$	243		$	212
Weighted average shares outstanding – Basic
Class A common stock	46,188,337			46,187,908
Class B common stock	2,542			2,542
Weighted average shares outstanding – Diluted
Class A common stock	52,312,036			52,310,628
Class B common stock	2,542			2,542
Dividends declared per share
Class A common stock	$	0.90		$	0.84
Class B common stock	$	135.00		$	126.00

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Erie Indemnity Company

Statements of Financial Position

(in thousands)

	March 31, 2019		December 31, 2018
	(Unaudited)
Assets
Current assets:
Cash and cash equivalents	$	312,045	$	266,417
Available-for-sale securities	139,994		402,339
Receivables from Erie Insurance Exchange and affiliates	456,135		449,873
Prepaid expenses and other current assets	49,997		36,892
Federal income taxes recoverable	0		8,162
Accrued investment income	4,220		5,263
Total current assets	962,391		1,168,946
Available-for-sale securities	534,925		346,184
Equity securities	12,410		11,853
Limited partnership investments	30,038		34,821
Fixed assets, net	144,652		130,832
Deferred income taxes, net	22,180		24,101
Other assets	92,860		61,590
Total assets	$	1,799,456	$	1,778,327
Liabilities and shareholders' equity
Current liabilities:
Commissions payable	$	253,002	$	241,573
Agent bonuses	26,129		103,462
Accounts payable and accrued liabilities	123,179		111,291
Dividends payable	41,913		41,910
Contract liability	34,116		33,854
Deferred executive compensation	10,346		13,107
Federal income taxes payable	11,946		0
Current portion of long-term borrowings	1,891		1,870
Total current liabilities	502,522		547,067
Defined benefit pension plans	123,270		116,866
Long-term borrowings	97,382		97,860
Contract liability	17,907		17,873
Deferred executive compensation	16,817		13,075
Other long-term liabilities	27,754		11,914
Total liabilities	785,652		804,655
Shareholders’ equity	1,013,804		973,672
Total liabilities and shareholders’ equity	$	1,799,456	$	1,778,327

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