Note 2: Investments: Held-to-maturity Securities (Tables)

12 Months Ended

Dec. 31, 2015

AsOfDecember312015Member

Held-to-maturity Securities

	Amortized Cost	Gross Unrealized Gains	Gross Unrealized Losses	Estimated Fair Value
December 31, 2015:
Fixed maturity securities held to maturity carried at amortized cost:
U.S. Treasury securities and obligations of U.S. Government agencies	$         3,560,579	$          292,869	$             (4,743)	$          3,848,705
Obligations of states and political subdivisions	1,805,828	182,073	(1,040)	1,986,861
Corporate securities including public utilities	134,488,108	9,836,355	(5,501,743)	138,822,720
Mortgage-backed securities	5,091,887	190,867	(75,580)	5,207,174
Redeemable preferred stock	612,023	29,675	-	641,698
Total fixed maturity securities held to maturity	$     145,558,425	$     10,531,839	$      (5,583,106)	$      150,507,158
Equity securities available for sale at estimated fair value:
Common stock:
Industrial, miscellaneous and all other	$         9,891,500	$          213,683	$      (1,674,094)	$          8,431,090
Total securities available for sale carried at estimated fair value	$         9,891,500	$          213,683	$      (1,674,094)	$          8,431,090
Mortgage loans on real estate and construction loans held for investment at amortized cost:
Residential	$       46,020,490
Residential construction	34,851,557
Commercial	33,522,978
Less: Allowance for loan losses	(1,848,120)
Total mortgage loans on real estate and construction loans held for investment	$     112,546,905
Real estate held for investment - net of depreciation	$     114,852,432
Policy and other loans at amortized cost:
Policy loans	$         6,896,457
Other loans	33,592,580
Less: Allowance for doubtful accounts	(906,616)
Total policy and other loans at amortized cost	$       39,582,421
Short-term investments at amortized cost	$       16,915,808

AsOfDecember312014Member

Held-to-maturity Securities

	Amortized Cost	Gross Unrealized Gains	Gross Unrealized Losses	Estimated Fair Value
December 31, 2014:
Fixed maturity securities held to maturity carried at amortized cost:
U.S. Treasury securities and obligations of U.S. Government agencies	$         1,873,146	$          345,715	$                      -	$         2,218,861
Obligations of states and political subdivisions	1,736,489	221,893	(5,278)	1,953,104
Corporate securities including public utilities	126,533,483	15,841,536	(980,357)	141,394,662
Mortgage-backed securities	4,263,206	305,381	(11,894)	4,556,693
Redeemable preferred stock	612,023	22,032	-	634,055
Total fixed maturity securities held to maturity	$     135,018,347	$     16,736,557	$         (997,529)	$     150,757,375
Equity securities available for sale at estimated fair value:
Common stock:
Industrial, miscellaneous and all other	$         7,179,010	$          393,873	$         (820,133)	$         6,752,750
Total securities available for sale carried at estimated fair value	$         7,179,010	$          393,873	$         (820,133)	$         6,752,750
Mortgage loans on real estate and construction loans held for investment at amortized cost:
Residential	$       53,592,433
Residential construction	33,071,938
Commercial	35,388,756
Less: Allowance for loan losses	(2,003,055)
Total mortgage loans on real estate and construction loans held for investment	$     120,050,072
Real estate held for investment - net of depreciation	$     111,411,351
Policy and other loans at amortized cost:
Policy loans	$         7,011,012
Other loans	27,807,829
Less: Allowance for doubtful accounts	(693,413)
Total policy and other loans at amortized cost	$       34,125,428
Short-term investments at amortized cost	$       27,059,495