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

6 Months Ended

Jun. 30, 2017

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 Process of Foreclosure (1)	Total Past Due	Current	Total Mortgage Loans	Allowance for Loan Losses	Unamortized deferred loan fees, net	Net Mortgage Loans
June 30, 2017
Commercial	$         522,607	$                       -	$        1,012,500	$            203,535	$         1,738,642	$     38,025,146	$      39,763,788	$           (187,129)	$          (184,983)	$       39,391,676
Residential	23,047	2,648,068	2,599,697	2,493,198	7,764,010	55,266,990	63,031,000	(1,698,679)	(25,640)	61,306,681
Residential   Construction	-	-	375,233	-	375,233	34,137,291	34,512,524	(35,220)	(176,397)	34,300,907
Total	$         545,654	$     2,648,068	$      3,987,430	$        2,696,733	$        9,877,885	$   127,429,427	$      137,307,312	$       (1,921,028)	$         (387,020)	$    134,999,264
December 31, 2016
Commercial	$                       -	$                       -	$                        -	$            202,992	$           202,992	$     51,333,630	$       51,536,622	$           (187,129)	$                         -	$       51,349,493
Residential	964,960	996,779	1,290,355	1,626,183	4,878,277	53,715,345	58,593,622	(1,461,540)	-	57,132,082
Residential   Construction	-	-	64,895	-	64,895	40,735,222	40,800,117	(100,114)	-	40,700,003
Total	$         964,960	$         996,779	$       1,355,250	$          1,829,175	$          5,146,164	$    145,784,197	$      150,930,361	$      (1,748,783)	$                         -	$      149,181,578
(1)  Interest income is not recognized on loans past due greater than 90 days or in foreclosure.