15) Business Segment Information: Schedule of Segment Reporting Information, by Segment (Tables)

12 Months Ended

Dec. 31, 2018

Tables/Schedules

Schedule of Segment Reporting Information, by Segment

	2018
	Life	Cemetery/		Intercompany
	Insurance	Mortuary	Mortgage	Eliminations	Consolidated
Revenues:
From external sources:
Revenue from customers	$       75,928,910	$       13,726,518	$     116,185,853	$                         -	$     205,841,281
Net investment income	38,720,365	283,343	909,559	-	39,913,267
Gains on investments and other assets	21,396,282	2,301,342	243,555	-	23,941,179
Other revenues	1,636,901	128,797	8,157,302	-	9,923,000
Intersegment revenues:
Net investment income	3,972,532	429,312	503,794	(4,905,638)	-
Total revenues	141,654,990	16,869,312	126,000,063	(4,905,638)	279,618,727
Expenses:
Death, surrenders and other policy benefits	39,185,087	-	-	-	39,185,087
Increase in future policy benefits	24,332,088	-	-	-	24,332,088
Amortization of deferred policy and pre-need acquisition costs and value of business acquired	11,270,579	360,767	-	-	11,631,346
Selling, general and administrative expenses:
Commissions	3,242,745	1,222,642	45,825,965	-	50,291,352
Personnel	18,489,063	4,773,866	44,106,023	-	67,368,952
Advertising	566,154	333,852	3,702,585	-	4,602,591
Rent and rent related	321,701	33,138	7,250,536	-	7,605,375
Depreciation on property and equipment	400,686	372,469	1,093,846	-	1,867,001
Cost related to funding mortgage loans	-	-	6,423,944	-	6,423,944
Intersegment	402,213	182,009	531,370	(1,115,592)	-
Other	10,094,626	3,046,902	17,873,471	-	31,014,999
Interest expense:
Intersegment	481,587	173,807	3,134,652	(3,790,046)	-
Other	2,744,841	294,535	3,917,331	-	6,956,707
Cost of goods and services sold - mortuaries and cemeteries	-	2,158,895	-	-	2,158,895
Total benefits and expenses	111,531,370	12,952,882	133,859,723	(4,905,638)	253,438,337
Earnings before income taxes	$       30,123,620	$         3,916,430	$       (7,859,660)	$                         -	$       26,180,390
Income tax benefit (expense)	(5,275,662)	(946,820)	1,728,171	-	(4,494,311)
Net earnings	$       24,847,958	$         3,916,430	$       (6,131,489)	$                         -	$       21,686,079
Identifiable assets	$     928,251,387	$       90,639,130	$     159,680,649	$     (130,525,613)	$  1,048,045,553
Goodwill	$         2,765,570	$                        -	$                        -	$                         -	$         2,765,570

	2017
	Life	Cemetery/		Intercompany
	Insurance	Mortuary	Mortgage	Eliminations	Consolidated
Revenues:
From external sources:
Revenue from customers	$       70,412,476	$       12,657,117	$     153,797,171	$                         -	$     236,866,764
Net investment income	34,089,912	424,316	548,740	-	35,062,968
Gains (losses) on investments and other assets	(3,871,309)	186,335	736,492	-	(2,948,482)
Other than temporary impairments	(774,339)	-	-	-	(774,339)
Other revenues	856,094	97,602	7,765,483	-	8,719,179
Intersegment revenues:
Net investment income	5,987,731	422,623	401,283	(6,811,637)	-
Total revenues	106,700,565	13,787,993	163,249,169	(6,811,637)	276,926,090
Expenses:
Death, surrenders and other policy benefits	36,095,018	-	-	-	36,095,018
Increase in future policy benefits	23,622,750	-	-	-	23,622,750
Amortization of deferred policy and pre-need acquisition costs and value of business acquired	8,157,456	322,794	-	-	8,480,250
Selling, general and administrative expenses:
Commissions	3,095,319	1,053,449	63,954,249	-	68,103,017
Personnel	17,031,563	4,519,573	48,777,694	-	70,328,830
Advertising	518,117	293,009	4,943,614	-	5,754,740
Rent and rent related	446,701	51,742	8,212,251	-	8,710,694
Depreciation on property and equipment	484,349	401,564	1,334,780	-	2,220,693
Costs related to funding mortgage loans	-	-	8,663,223	-	8,663,223
Intersegment	315,588	184,853	499,707	(1,000,148)	-
Other	9,540,607	2,826,208	17,064,784	-	29,431,599
Interest expense:
Intersegment	445,520	181,793	5,184,176	(5,811,489)	-
Other	2,218,956	330,211	3,488,165	-	6,037,332
Cost of goods and services sold - mortuaries and cemeteries	-	1,945,832	-	-	1,945,832
Total benefits and expenses	101,971,944	12,111,028	162,122,643	(6,811,637)	269,393,978
Earnings before income    taxes	$         4,728,621	$         1,676,965	$         1,126,526	$                         -	$         7,532,112
Income tax benefit (expense)	6,301,872	(606,293)	885,243	-	6,580,822
Net earnings	$       11,030,493	$         1,676,965	$         2,011,769	$                         -	$       14,112,934
Identifiable assets	$     858,068,899	$       95,097,729	$     161,051,531	$     (134,810,675)	$     979,407,484
Goodwill	$         2,765,570	$                        -	$                        -	$                         -	$         2,765,570