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Since 1897
124th Financial Statement
as of December 31, 2021
(From the Report to the Superintendent of the New York State Departmen of Financial Services)

Assets
2020
2021
Cash and Short Term Investments
8,604,894
11,074,900
U.S. Government Bonds
14,495,321
19,841,337
Municipal Bonds
60,146,623
58,972,218
Stocks
67,397,724
82,826,357
Real Estate
367,463
397,957
Premiums in Course of Collection
1,405,031
1,402,197
Reinsurance Recoverable
-0-
3,000
Accrued Interest on Investments
555,662
551,121
All Other Assets
4,316,037
4,617,688
 
TOTAL ASSETS
$157,288,755
$179,686,775
 
Liabilities
 
 
Reserve for Losses and Adjustment Expense
1,891,989
1,848,534
Reserve for Unearned Premiums
3,045,043
3,145,232
Reserve for Other Liabilities
11,684,912
16,192,649
 
TOTAL LIABILITIES
$16,621,944
$21,186,415
 
Surplus Account
 
 
Special Contingent Surplus
581,389
588,956
Unassigned Funds
140,085,422
157,911,404
Total Policyholder Surplus
$140,666,811
$158,500,360
 
TOTAL LIABILITIES AND SURPLUS
$157,288,755
$179,686,775
 
Direct written premiums
19,489,903
20,242,891
Net written premiums
4,711,027
4,711,865

RATED A+ (SUPERIOR) by A.M. Best Company

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