14) Statutory Financial Information and Dividend Limitations: Schedule of statutory accounting practices (Tables)

12 Months Ended

Dec. 31, 2019

Tables/Schedules

Schedule of statutory accounting practices

	Statutory Net Income			Statutory Capital and Surplus
	2019		2018	2019	2018
Amounts by insurance subsidiary:
Security National Life Insurance Company	$  3,589,552		$17,963,528	$  49,390,181	$  47,184,064
Kilpatrick Life Insurance Company	12,752,100	(1)	-	15,208,071	-
First Guaranty Insurance Company	1,078,733		1,042,683	6,352,670	5,786,369
Memorial Insurance Company of America	(107)		94	1,088,559	1,088,880
Southern Security Life Insurance Company, Inc.	87		68	1,588,396	1,586,915
Trans-Western Life Insurance Company	3,773		5,460	512,163	508,390
Total	$ 17,424,138		$19,011,833	$  74,140,040	$  56,154,618
(1) Includes 12 months even though Kilpatrick Life Insurance Company wasn't acquired by the Company until December 2019.