8) Fair Value of Financial Instruments: Schedule of fair value assets and liabilities measured on a recurring basis (Tables)

9 Months Ended

Sep. 30, 2019

As of June 30, 2019

Schedule of fair value assets and liabilities measured on a recurring basis

	Total	Quoted Prices in Active Markets for Identical Assets (Level 1)	Significant Observable Inputs (Level 2)	Significant Unobservable Inputs (Level 3)
Assets accounted for at fair value on a recurring basis
Common stock	$           8,109,778	$                8,109,778	$                 -	$                          -
Total equity securities	$           8,109,778	$                8,109,778	$                 -	$                          -
Loans held for sale	$       233,713,098	$                               -	$                 -	$       233,713,098
Restricted assets (1)	1,145,917	1,145,917	-	-
Cemetery perpetual care trust investments (1)	908,493	908,493	-	-
Derivatives - loan commitments (2)	4,047,124	-	-	4,047,124
Total assets accounted for at fair value on a recurring basis	$       247,924,410	$              10,164,188	$                 -	$       237,760,222
Liabilities accounted for at fair value on a  recurring basis
Derivatives - call options (3)	$              (75,604)	$                    (75,604)	$                 -	$                          -
Derivatives - put options (3)	(29,547)	(29,547)	-	-
Derivatives - loan commitments (3)	(540,085)	-	-	(540,085)
Total liabilities accounted for at fair value on a recurring basis	$            (645,236)	$                  (105,151)	$                 -	$             (540,085)
(1) Mutual funds and equity securities
(2) Included in other assets on the condensed consolidated balance sheets
(3) Included in other liabilities and accrued expenses on the condensed consolidated balance sheets

As of December 2018

Schedule of fair value assets and liabilities measured on a recurring basis

	Total	Quoted Prices in Active Markets for Identical Assets (Level 1)	Significant Observable Inputs (Level 2)	Significant Unobservable Inputs (Level 3)
Assets accounted for at fair value on a recurring basis
Common stock	$          5,558,611	$         5,558,611	$                 -	$                         -
Total equity securities	$          5,558,611	$         5,558,611	$                 -	$                         -
Loans held for sale	$      136,210,853	$                        -	$                 -	$      136,210,853
Restricted assets (1)	744,673	744,673	-	-
Cemetery perpetual care trust investments (1)	483,353	483,353	-	-
Derivatives - loan commitments (2)	1,969,967	-	-	1,969,967
Total assets accounted for at fair value on a recurring basis	$      144,967,457	$         6,786,637	$                 -	$      138,180,820
Liabilities accounted for at fair value on a recurring basis
Derivatives - call options (3)	(4,629)	(4,629)	-	-
Derivatives - put options (3)	(296,053)	(296,053)	-	-
Derivatives - loan commitments (3)	(378,151)	-	-	(378,151)
Total liabilities accounted for at fair value on a recurring basis	$           (678,833)	$          (300,682)	$                 -	$           (378,151)
(1) Mutual funds and equity securities
(2) Included in other assets on the condensed consolidated balance sheets
(3) Included in other liabilities and accrued expenses on the condensed consolidated balance sheets