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

3 Months Ended

Mar. 31, 2014

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, 2014
Commercial	$                       -	$                       -	$                        -	$        4,973,745	$        4,973,745	$    43,666,760	$      48,640,505	$           (187,129)	$      48,453,376
Residential	2,641,721	925,882	6,599,822	1,517,892	11,685,317	43,462,072	55,147,389	(1,401,911)	53,745,478
Residential   Construction	-	-	64,895	-	64,895	13,913,859	13,978,754	(100,114)	13,878,640
Total	$       2,641,721	$         925,882	$       6,664,717	$         6,491,637	$      16,723,957	$     101,042,691	$      117,766,648	$       (1,689,154)	$     116,077,494
December 31, 2013
Commercial	$                       -	$                       -	$                        -	$        4,973,745	$        4,973,745	$    36,679,264	$       41,653,009	$           (187,129)	$       41,465,880
Residential	1,646,953	1,604,847	5,867,501	1,518,327	10,637,628	39,230,858	49,868,486	(1,364,847)	48,503,639
Residential   Construction	-	-	64,895	-	64,895	12,847,578	12,912,473	(100,114)	12,812,359
Total	$      1,646,953	$      1,604,847	$      5,932,396	$        6,492,072	$      15,676,268	$    88,757,700	$     104,433,968	$      (1,652,090)	$     102,781,878
(1)  Interest income is not recognized on loans past due greater than 90 days or in foreclosure.