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

9 Months Ended

Sep. 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
September 30, 2014
Commercial	$                       -	$                       -	$                        -	$                          -	$                          -	$    43,403,890	$      43,403,890	$           (187,129)	$        43,216,761
Residential	1,525,136	2,082,232	5,433,523	1,387,426	10,428,317	41,172,613	51,600,930	(1,584,649)	50,016,281
Residential   Construction	-	-	64,895	-	64,895	29,567,743	29,632,638	(100,114)	29,532,524
Total	$       1,525,136	$     2,082,232	$       5,498,418	$         1,387,426	$       10,493,212	$     114,144,246	$     124,637,458	$       (1,871,892)	$    122,765,566
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.