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

9 Months Ended

Sep. 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
September 30, 2019
Commercial	$     1,500,000	$                    -	$                      -	$                           -	$     1,500,000	$     25,220,812	$     26,720,812	$        (187,129)	$              (6,647)	$    26,527,036
Residential	8,478,442	1,745,409	3,659,589	811,216	14,694,656	65,158,465	79,853,121	(1,071,145)	(637,408)	78,144,568
Residential   Construction	200,963	437,819	350,000	-	988,782	91,613,850	92,602,632	(43,202)	(722,131)	91,837,299
Total	$    10,179,405	$   2,183,228	$    4,009,589	$                811,216	$    17,183,438	$     181,993,127	$    199,176,565	$     (1,301,476)	$       (1,366,186)	$   196,508,903
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.