3) Investments: Available-for-sale Securities (Tables)

3 Months Ended

Mar. 31, 2013

AsOfMarch312013Member

Tables/Schedules

Available-for-sale Securities

	Amortized Cost	Gross Unrealized Gains	Gross Unrealized Losses	Estimated Fair Value
March 31, 2013:
Equity securities available for sale at estimated fair value:
Common stock:
Industrial, miscellaneous and all other	$       5,373,763	$    354,215	$       (771,429)	$    4,956,549
Total equity securities available for sale at estimated fair value	$       5,373,763	$    354,215	$       (771,429)	$    4,956,549
Mortgage loans on real estate and construction loans held for investment at amortized cost:
Residential	$     49,359,697
Residential construction	1,196,029
Commercial	33,727,560
Less: Allowance for loan losses	(4,250,242)
Total mortgage loans on real estate and construction loans held for investment	$     80,033,044
Real estate held for investment - net of depreciation	$       3,494,107
Other real estate owned held for investment - net of  depreciation	61,820,040
Other real estate owned held for sale	-
Total real estate	$     65,314,147
Policy and other loans at amortized cost - net of allowance for doubtful accounts	$     20,006,527
Short-term investments at amortized cost	$     20,649,723

AsOfDecember312012Member

Tables/Schedules

Available-for-sale Securities

	Amortized Cost	Gross Unrealized Gains	Gross Unrealized Losses	Estimated Fair Value
December 31, 2012:
Equity securities available for sale at estimated fair value:
Non-redeemable preferred stock	$            20,281	$                 -	$          (1,486)	$         18,795
Common stock:
Industrial, miscellaneous and all other	6,047,474	309,752	(970,909)	5,386,317
Total equity securities available for sale at estimated fair value	$       6,067,755	$      309,752	$      (972,395)	$    5,405,112
Mortgage loans on real estate and construction loans held for investment at amortized cost:
Residential	$     50,584,923
Residential construction	3,161,112
Commercial	34,956,031
Less: Allowance for loan losses	(4,239,861)
Total mortgage loans on real estate and construction loans held for investment	$     84,462,205
Real estate held for investment - net of depreciation	$       3,543,751
Other real estate owned held for investment - net of depreciation	55,027,669
Other real estate owned held for sale	5,682,610
Total real estate	$     64,254,030
Policy and other loans at amortized cost - net of allowance for doubtful accounts	$     20,188,516
Short-term investments at amortized cost	$     40,925,390