3) Investments: Schedule of aging of mortgage loans (Tables)

3 Months Ended

Mar. 31, 2013

Tables/Schedules

Schedule of aging of mortgage loans

The following is a summary of the aging of mortgage loans for the periods presented:

Age Analysis of Past Due Mortgage Loans
	30-59 Days Past Due	60-89 Days Past Due	Greater Than 90 Days (1)	In Foreclosure (1)	Total Past Due	Current	Total Mortgage Loans	Allowance for Loan Losses	Net Mortgage Loans
March 31, 2013
Commercial	$          472,158	$                       -	$           143,253	$                          -	$              615,411	$       33,112,149	$      33,727,560	$                         -	$      33,727,560
Residential	1,641,604	1,668,028	5,852,156	3,628,251	12,790,039	36,569,658	49,359,697	(4,204,055)	45,155,642
Residential   Construction	-	-	288,468	-	288,468	907,561	1,196,029	(46,187)	1,149,842
Total	$       2,113,762	$      1,668,028	$      6,283,877	$         3,628,251	$       13,693,918	$    70,589,368	$      84,283,286	$     (4,250,242)	$      80,033,044
December 31, 2012
Commercial	$          581,984	$                       -	$           143,252	$                          -	$           725,236	$    34,230,795	$       34,956,031	$                         -	$       34,956,031
Residential	2,963,259	1,345,247	5,208,742	4,692,517	14,209,765	36,375,158	50,584,923	(4,193,674)	46,391,249
Residential   Construction	-	-	288,468	1,346,126	1,634,594	1,526,518	3,161,112	(46,187)	3,114,925
Total	$     3,545,243	$      1,345,247	$      5,640,462	$        6,038,643	$      16,569,595	$      72,132,471	$      88,702,066	$      (4,239,861)	$      84,462,205
(1)  Interest income is not recognized on loans past due greater than 90 days or in foreclosure.