3) Investments: Schedule of aging of mortgage loans (Tables)

9 Months Ended

Sep. 30, 2017

Tables/Schedules

Schedule of aging of mortgage loans

Age Analysis of Mortgage Loans Held for Investment
	30-59 Days Past Due	60-89 Days Past Due	Greater Than 90 Days (1)	In Process of Foreclosure (1)	Total Past Due	Current	Total Mortgage Loans	Allowance for Loan Losses	Unamortized deferred loan fees, net	Net Mortgage Loans
September 30, 2017
Commercial	$   513,218	$                    -	$                    -	$             203,806	$      717,024	$    42,206,737	$     42,923,761	$        (187,129)	$         (229,603)	$    42,507,029
Residential	22,277	1,236,721	2,200,206	3,225,551	6,684,755	59,075,006	65,759,761	(1,829,469)	(21,578)	63,908,714
Residential   Construction	-	-	-	-	-	41,306,722	41,306,722	(35,220)	(386,554)	40,884,948
Total	$    535,495	$    1,236,721	$  2,200,206	$         3,429,357	$   7,401,779	$   142,588,465	$   149,990,244	$     (2,051,818)	$         (637,735)	$    147,300,691
December 31, 2016
Commercial	$                   -	$                    -	$                    -	$             202,992	$     202,992	$     51,333,630	$     51,536,622	$        (187,129)	$          (155,725)	$      51,193,768
Residential	964,960	996,779	1,290,355	1,626,183	4,878,277	53,715,345	58,593,622	(1,461,540)	(35,121)	57,096,961
Residential   Construction	-	-	64,895	-	64,895	40,735,222	40,800,117	(100,114)	-	40,700,003
Total	$    964,960	$     996,779	$   1,355,250	$           1,829,175	$    5,146,164	$    145,784,197	$    150,930,361	$    (1,748,783)	$          (190,846)	$   148,990,732
(1)  Interest income is not recognized on loans past due greater than 90 days or in foreclosure.