3) Investments: Schedule of Major categories of net investment income (Tables)

6 Months Ended

Jun. 30, 2012

Tables/Schedules

Schedule of Major categories of net investment income

	Three Months Ended June 30,		Six Months Ended June 30,
	2012	2011	2012	2011
Fixed maturity securities	$     1,943,272	$     1,986,480	$     3,853,617	$     3,739,257
Equity securities	68,146	59,000	131,723	126,986
Mortgage loans on real estate	2,075,430	1,699,220	4,212,006	2,986,433
Real estate	800,339	566,777	1,458,794	1,138,089
Policy and other loans	189,947	210,914	418,274	424,032
Short-term investments,  principally gains on sale of mortgage loans and other	2,006,325	1,346,332	4,043,731	2,720,664
Gross investment income	7,083,459	5,868,723	14,118,145	11,135,461
Investment expenses	(945,561)	(1,151,365)	(1,926,200)	(2,147,655)
Net investment income	$     6,137,898	$     4,717,358	$   12,191,945	$     8,987,806