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STATEMENTS OF FINANCIAL POSITION - USD ($)
$ in Thousands
Sep. 30, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 235,996 $ 161,240
Available-for-sale securities 30,627 17,697
Equity securities 10 19
Receivables from Erie Insurance Exchange and affiliates, net 503,413 494,637
Prepaid expenses and other current assets 55,003 52,561
Accrued investment income 6,104 6,146
Total current assets 831,153 732,300
Available-for-sale securities, net 906,877 910,539
Equity securities 86,270 94,071
Fixed assets, net 277,939 265,341
Agent loans, net 59,462 62,449
Deferred income taxes, net 17,153 12,341
Other assets 57,704 40,081
Total assets 2,236,558 2,117,122
Current liabilities:    
Commissions payable 280,540 262,338
Agent bonuses 88,556 110,158
Accounts payable and accrued liabilities 148,282 150,706
Dividends payable 48,200 48,200
Contract liability 35,853 36,917
Deferred executive compensation 10,757 17,319
Current portion of long-term borrowings 2,075 2,031
Total current liabilities 614,263 627,669
Defined benefit pension plans 192,808 164,346
Long-term borrowings 92,273 93,833
Contract liability 18,098 18,878
Deferred executive compensation 14,477 14,904
Other long-term liabilities 17,783 9,444
Total liabilities 949,702 929,074
Shareholders’ equity    
Additional paid-in-capital 16,496 16,487
Accumulated other comprehensive loss (77,562) (78,143)
Retained earnings 2,491,842 2,393,624
Total contributed capital and retained earnings 2,432,946 2,334,138
Treasury stock, at cost; 22,110,132 shares held (1,167,490) (1,163,670)
Deferred compensation 21,400 17,580
Total shareholders’ equity 1,286,856 1,188,048
Total liabilities and shareholders’ equity 2,236,558 2,117,122
Class A common stock    
Shareholders’ equity    
Common stock 1,992 1,992
Class B common stock    
Shareholders’ equity    
Common stock $ 178 $ 178