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Note 4 - Fair Value: Fair Value Measurements, by Fair Value hierarchy (Tables)

9 Months Ended

Sep. 30, 2021

Tables/Schedules

Fair Value Measurements, by Fair Value hierarchy

				Fair Value Measurements at Reporting Date Using
				Quoted Prices
				In Active		Significant
				Markets for		Other		Significant
				Identical		Observable		Unobservable
		September 30,		Assets		Inputs		Inputs
Description		2021		(Level1)		(Level2)		(Level3)

Corporate securities		`$422,280`		`$422,280`		`$--`		`$--`
Obligations of states and political subdivisions		`250,337,387`		`--`		`250,337,387`		`--`
Total		`$250,759,667`		`$422,280`		`250,337,387`		`$--`

				Fair Value Measurements at Reporting Date Using
				Quoted Prices
				In Active		Significant
				Markets for		Other		Significant
				Identical		Observable		Unobservable
		December 31,		Assets		Inputs		Inputs
Description		2020		(Level1)		(Level2)		(Level3)

Corporate securities		`$391,113`		`$391,113`		`$--`		`$--`
Obligations of states and political subdivisions		`220,663,305`		`--`		`220,663,305`		`--`
Total		`$221,054,418`		`$391,113`		`$220,663,305`		`$--`

Tabular disclosure of financial instruments measured at fair value, including those classified in shareholders' equity measured on a recurring or nonrecurring basis. Disclosures include, but are not limited to, fair value measurements recorded and the reasons for the measurements, level within the fair value hierarchy in which the fair value measurements are categorized and transfers between levels 1 and 2. Nonrecurring fair value measurements are those that are required or permitted in the statement of financial position in particular circumstances.

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