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

6 Months Ended

Jun. 30, 2014

Tables/Schedules

Schedule of aging of mortgage loans

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
June 30, 2014
Commercial	$       -	$     -	$        -	$       -	$       -	$    47,266,708	$      47,266,708	$ (187,129)	$      47,079,579
Residential	1,052,534	1,989,725	5,171,118	960,360	9,173,737	52,248,685	61,422,422	(1,407,689)	60,014,733
Residential   Construction	-	-	64,895	-	64,895	20,349,210	20,414,105	(100,114)	20,313,991
Total	$      1,052,534	$      1,989,725	$       5,236,013	$            960,360	$        9,238,632	$ 119,864,603	$      129,103,235	$      (1,694,932)	$    127,408,303
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.