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

9 Months Ended

Sep. 30, 2016

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, 2016
Commercial	$                       -	$                       -	$                        -	$             202,721	$            202,721	$    39,544,950	$       39,747,671	$           (187,129)	$      39,560,542
Residential	1,232,358	292,573	1,440,292	2,911,050	5,876,273	44,470,106	50,346,379	(1,944,119)	48,402,260
Residential   Construction	-	74,714	64,895	403,000	542,609	41,468,460	42,011,069	(100,114)	41,910,955
Total	$      1,232,358	$         367,287	$        1,505,187	$          3,516,771	$         6,621,603	$    125,483,516	$        132,105,119	$      (2,231,362)	$    129,873,757
December 31, 2015
Commercial	$                       -	$                       -	$                        -	$                          -	$                          -	$    33,522,978	$      33,522,978	$           (187,129)	$      33,335,849
Residential	1,162,102	884,143	2,212,993	3,087,161	7,346,399	38,674,091	46,020,490	(1,560,877)	44,459,613
Residential   Construction	-	-	64,895	93,269	158,164	34,693,393	34,851,557	(100,114)	34,751,443
Total	$        1,162,102	$          884,143	$      2,277,888	$         3,180,430	$        7,504,563	$   106,890,462	$      114,395,025	$       (1,848,120)	$     112,546,905
(1)  Interest income is not recognized on loans past due greater than 90 days or in foreclosure.