Company Financials
Comparative Financial Statement as of December 31, 2012 (in thousands)
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| Assets |
2012
|
2011
|
|
| Bonds |
$516,681
|
$504,298
|
|
| Common Stocks |
57,090
|
49,186
|
|
| Real Estate |
3,191
|
3,487
|
|
| Cash and Short-term Investments |
16,219
|
15,919
|
|
| Net Premium Receivable |
78,439
|
71,093
|
|
| Other Assets |
25,806
|
23,520
|
|
| TOTAL ASSETS |
$697,426
|
$667,503
|
|
| Liabilities and Surplus |
|
|
|
| Loss and Loss Adjustment Reserves |
$184,679
|
$173,952
|
|
| Unearned Premiums |
148,426
|
140,131
|
|
| Accrued Expenses |
27,086
|
23,419
|
|
| Other Liabilities |
9,979
|
15,883
|
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| TOTAL LIABILITIES |
370,170
|
353,385
|
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| Policyholders' Surplus |
327,256
|
314,118
|
|
| TOTAL LIABILITIES AND SURPLUS |
$697,426
|
$667,503
|
|
| Combined Ratio |
102.1%
|
99.9%
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