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

6 Months Ended

Jun. 30, 2016

Held-to-maturity Securities

	Cost	Gross Unrealized Gains	Gross Unrealized Losses	Estimated Fair Value
June 30, 2016
Fixed maturity securities held to maturity carried at amortized cost:
Bonds:
U.S. Treasury securities and obligations of U.S. Government agencies	$         3,555,727	$          415,240	$                     -	$         3,970,967
Obligations of states and political subdivisions	1,801,138	198,790	-	1,999,928
Corporate securities including public utilities	130,240,984	14,123,337	(3,733,209)	140,631,112
Mortgage-backed securities	7,838,652	354,028	(134,865)	8,057,815
Redeemable preferred stock	623,635	52,552	-	676,187
Total fixed maturity securities held to maturity	$     144,060,136	$     15,143,947	$    (3,868,074)	$     155,336,009

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