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3) Investments: Schedule of Major categories of net investment income (Tables)
3 Months Ended
Mar. 31, 2019
Tables/Schedules  
Schedule of Major categories of net investment income

 

 

Three Months Ended March 31

 

2019

 

2018

Fixed maturity securities held to maturity

 $     2,503,865

 

 $     2,529,841

Equity securities

            77,921

 

            58,292

Mortgage loans held for investment

        4,103,367

 

        4,531,927

Real estate held for investment

        1,910,294

 

        2,670,440

Policy loans

            88,137

 

          102,866

Insurance assignments

        4,212,120

 

        3,860,937

Other investments

            54,548

 

            53,673

Cash and cash equivalents

          498,918

 

          137,368

Gross investment income

      13,449,170

 

      13,945,344

Investment expenses

      (3,407,502)

 

      (3,870,913)

Net investment income

 $   10,041,668

 

 $   10,074,431