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Note 2: Investments in Securities: Mortgage-backed securities portfolio (Policies)
12 Months Ended
Dec. 31, 2017
Policies  
Mortgage-backed securities portfolio

 

At December 31, 2017, the Company’s mortgage-backed securities portfolio consisted of FHLMC securities totaling $47.3 million, FNMA securities totaling $43.6 million and GNMA securities totaling $31.6 million.  At December 31, 2017, $105.6 million of the Company’s mortgage-backed securities had variable rates of interest and $16.9 million had fixed rates of interest.