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Note 2: Investments: Available-for-sale Securities (Tables)
12 Months Ended
Dec. 31, 2012
AsOfDecember312012Member
 
Tables/Schedules  
Available-for-sale Securities

 

Gross

Gross

Estimated

Amortized

Unrealized

Unrealized

Fair

Cost

Gains

Losses

Value

 December 31, 2012:

 

 

 

 

 Equity securities available for sale

 at estimated fair value:

 Non-redeemable preferred stock

 $

               20,281

 $

                -  

 $

            (1,486)

 $

            18,795

 Common stock:

 Industrial, miscellaneous and all other

          6,047,474

      309,752

        (970,909)

       5,386,317

 Total equity securities available for sale

 at estimated fair value

 $

          6,067,755

 $

      309,752

 $

        (972,395)

 $

       5,405,112

 Total securities available for sale

 carried at estimated fair value

 $

          6,067,755

 $

      309,752

 $

        (972,395)

 $

       5,405,112

 Mortgage loans on real estate and    construction loans held for investment    at amortized cost:

 Residential

 $

        50,584,923

 Residential construction

          3,161,112

 Commercial

        34,956,031

 Less: Allowance for loan losses

       (4,239,861)

 Total mortgage loans on real estate and

 construction loans held for investment

 $

        84,462,205

 Real estate held for investment - net of depreciation

 $

          3,543,751

 Other real estate owned held for investment - net of

     depreciation

        55,027,669

 Other real estate owned held for sale

          5,682,610

 Total real estate

 $

        64,254,030

 Policy, student and other loans at

 amortized cost - net of allowance for doubtful accounts

 $

        20,188,516

 Short-term investments at amortized cost

 $

        40,925,390

as of December 31, 2011
 
Tables/Schedules  
Available-for-sale Securities

 

 Gross

 Gross

 Estimated

 Amortized

 Unrealized

 Unrealized

 Fair

 Cost

 Gains

 Losses

 Value

 December 31, 2011:

 

 

 

 

 Equity securities available for sale

 at estimated fair value:

 Non-redeemable preferred stock

 $

                 20,281

 $

                -  

 $

              (1,843)

 $

            18,438

 Common stock:

 Industrial, miscellaneous and all other

            7,250,991

       363,387

       (1,333,424)

       6,280,954

 Total equity securities available for sale

 at estimated fair value

 $

            7,271,272

 $

       363,387

 $

       (1,335,267)

 $

       6,299,392

 Total securities available for sale

 carried at estimated fair value

 $

            7,271,272

 $

       363,387

 $

       (1,335,267)

 $

       6,299,392

 Mortgage loans on real estate and    construction loans held for investment    at amortized cost:

 Residential

 $

          54,344,327

 Residential construction

          17,259,666

 Commercial

          48,433,147

 Less: Allowance for loan losses

          (4,881,173)

 Total mortgage loans on real estate and

 construction loans held for investment

 $

        115,155,967

 Real estate held for investment - net of depreciation

 $

            3,786,780

 Other real estate owned held for investment - net of

     depreciation

          46,398,095

 Other real estate owned held for sale

           5,793,900

 Total real estate

 $

          55,978,775

 Policy, student and other loans at

 amortized cost - net of allowance for doubtful accounts

 $

          18,463,277

 Short-term investments at amortized cost

 $

            6,932,023