12) Acquisitions: Estimated Fair Values of Assets Acquired and Liabilities Assumed (Tables)

9 Months Ended

Sep. 30, 2016

Tables/Schedules

Estimated Fair Values of Assets Acquired and Liabilities Assumed

Fixed maturity securities, held to maturity	$   43,878,084
Equity securities, available for sale	646,335
Mortgage loans on real estate	4,528,582
Real estate held for investment	528,947
Policy loans	145,953
Short-term investments	5,358,403
Accrued investment income	585,985
Cash and cash equivalents	2,424,480
Receivables	73,347
Property and equipment	21,083
Deferred tax asset	1,190,862
Receivable from reinsurers	34,948
Other	57,768
Total assets acquired	59,474,777
Future life, annuity, and other benefits	(52,648,838)
Accounts payable	(6,953)
Other liabilities and accrued expenses	(65,986)
Total liabilities assumed	(52,721,777)
Fair value of net assets acquired/consideration paid	$     6,753,000