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

6 Months Ended

Jun. 30, 2019

Tables/Schedules

Schedule of aging of mortgage loans

Age Analysis of Mortgage Loans Held for Investment
	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, 2019
Commercial	$        233,200	$   1,500,000	$                    -	$             655,499	$    2,388,699	$     29,620,419	$      32,009,118	$        (187,129)	$               (4,140)	$      31,817,849
Residential	8,042,198	1,915,051	2,662,534	1,927,067	14,546,850	69,546,759	84,093,609	(1,062,583)	(736,845)	82,294,181
Residential   Construction	5,295,675	315,908	246,854	4,074,269	9,932,706	64,779,932	74,712,638	(43,202)	(459,461)	74,209,975
Total	$    13,571,073	$  3,730,959	$  2,909,388	$         6,656,835	$  26,868,255	$     163,947,110	$    190,815,365	$     (1,292,914)	$      (1,200,446)	$   188,322,005
December 31, 2018
Commercial	$    4,588,424	$                    -	$       196,182	$                           -	$    4,784,606	$      23,001,321	$    27,785,927	$        (187,129)	$             32,003	$     27,630,801
Residential	9,899,380	2,312,252	1,715,362	1,224,289	15,151,283	74,784,317	89,935,600	(1,125,623)	(862,411)	87,947,566
Residential   Construction	-	-	-	502,991	502,991	70,863,553	71,366,544	(35,220)	(444,622)	70,886,702
Total	$   14,487,804	$   2,312,252	$     1,911,544	$          1,727,280	$  20,438,880	$     168,649,191	$    189,088,071	$    (1,347,972)	$      (1,275,030)	$   186,465,069
(1)  Interest income is not recognized on loans past due greater than 90 days or in foreclosure.