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Note 2: Investments: Schedule of aging of mortgage loans (Tables)
12 Months Ended
Dec. 31, 2014
Tables/Schedules  
Schedule of aging of mortgage loans

 

Age Analysis of Past Due Mortgage Loans

 Years Ended December 31, 2014 and 2013

 

 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

2014

Commercial

 $                        -

 $                       -

 $                       -

 $                         -

 $                         -

 $     35,388,756

 $          35,388,756

 $           (187,129)

 $        35,201,627

Residential

             1,631,142

            1,174,516

          5,464,901

             1,556,182

            9,826,741

         43,765,692

              53,592,433

            (1,715,812)

             51,876,621

Residential   Construction

                            -

                           -

               64,895

               414,499

              479,394

         32,592,544

               33,071,938

                (100,114)

            32,971,824

Total

 $         1,631,142

 $        1,174,516

 $     5,529,796

 $         1,970,681

 $      10,306,135

 $      111,746,992

 $         122,053,127

 $     (2,003,055)

 $      120,050,072

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)  There was not any interest income recognized on loans past due greater than 90 days or in foreclosure.