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3) Investments: Schedule of aging of mortgage loans (Tables)
3 Months Ended
Mar. 31, 2015
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

March 31, 2015

 

 

 

 

 

 

 

 

 

 

Commercial

 $                       -

 $         272,934

 $                        -

 $                          -

 $           272,934

 $     45,794,196

 $       46,067,130

 $           (187,129)

 $       45,880,001

Residential

           1,092,140

             706,753

            4,107,831

             2,544,731

             8,451,455

        43,593,895

          52,045,350

            (1,615,153)

           50,430,197

Residential Construction

                           -

               25,049

                64,895

                              -

                  89,944

         29,594,415

          29,684,359

                (100,114)

          29,584,245

Total

 $       1,092,140

 $      1,004,736

 $       4,172,726

 $         2,544,731

 $         8,814,333

 $    118,982,506

 $     127,796,839

 $      (1,902,396)

 $    125,894,443

December 31, 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