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

3 Months Ended

Mar. 31, 2017

Held-to-maturity Securities

	Cost	Gross Unrealized Gains	Gross Unrealized Losses	Estimated Fair Value
March 31, 2017
Fixed maturity securities held to maturity carried at amortized cost:
Bonds:
U.S. Treasury securities and obligations of U.S. Government agencies	$4,357,040	$244,853	$(57,240)	$4,544,653
Obligations of states and political subdivisions	5,995,384	146,273	(132,140)	6,009,517
Corporate securities including public utilities	165,716,233	11,763,828	(2,443,238)	175,036,823
Mortgage-backed securities	9,753,206	246,004	(233,586)	9,765,624
Redeemable preferred stock	623,635	14,954	(8,627)	629,962
Total fixed maturity securities held to maturity	$186,445,498	$12,415,912	$(2,874,831)	$195,986,579

AsOfDecember312016Member

Held-to-maturity Securities

	Cost	Gross Unrealized Gains	Gross Unrealized Losses	Estimated Fair Value
December 31, 2016:
Fixed maturity securities held to maturity carried at amortized cost:
Bonds:
U.S. Treasury securities and obligations of U.S. Government agencies	$4,475,065	$249,028	$(66,111)	$4,657,982
Obligations of states and political subdivisions	6,017,225	153,514	(133,249)	6,037,490
Corporate securities including public utilities	164,375,636	10,440,989	(3,727,013)	171,089,612
Mortgage-backed securities	9,488,083	221,400	(280,871)	9,428,612
Redeemable preferred stock	623,635	13,418	-	637,053
Total fixed maturity securities held to maturity	$184,979,644	$11,078,349	$(4,207,244)	$191,850,749