3) Investments: Held-to-maturity Securities (Tables)

3 Months Ended

Mar. 31, 2016

Held-to-maturity Securities

	Cost	Gross Unrealized Gains	Gross Unrealized Losses	Estimated Fair Value
March 31, 2016
Fixed maturity securities held to maturity carried at amortized cost:
Bonds:
U.S. Treasury securities and obligations of U.S. Government agencies	$         3,558,169	$          378,157	$                     -	$         3,936,326
Obligations of states and political subdivisions	1,803,498	200,444	(455)	2,003,487
Corporate securities including public utilities	133,970,698	11,576,671	(4,997,905)	140,549,464
Mortgage-backed securities	7,501,609	303,697	(173,323)	7,631,983
Redeemable preferred stock	612,023	47,811	-	659,834
Total fixed maturity securities held to maturity	$     147,445,997	$     12,506,780	$    (5,171,683)	$     154,781,094

AsOfDecember312015Member

Held-to-maturity Securities

	Cost	Gross Unrealized Gains	Gross Unrealized Losses	Estimated Fair Value
December 31, 2015:
Fixed maturity securities held to maturity carried at amortized cost:
Bonds:
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