Mortgage Loans Receivable and Bond Portfolio (Tables)

3 Months Ended

Mar. 31, 2019

Notes to Financial Statements

Mortgage Loans Receivable and Bond Portfolio

	Mortgage Loans	Bond Portfolio
2020	$    1,174,635	$    219,000
2021	744,013	172,000
2022	744,674	270,000
2023	1,547,946	192,000
2024	914,549	295,000
Thereafter	16,865,004	15,562,937
	21,990,821	16,710,937
Less loan loss and other than temporary impairment on bonds allowance	(1,589,744)	(508,000)
Less deferred origination income	(271,913)	___-____
Totals	$20,129,164	$16,202,937

Restructured and Modified Loans

	March 31, 2019
Type of Loan		Number of Loans		Original Principal Balance	Original Average Interest Rate			Unpaid Principal Balance	Modified Average Interest Rate
First Mortgage Loan		7	$	4,415,544	8.014	%	$	3,444,462	6.03	%

	December 31, 2018
Type of Loan		Number of Loans		Original Principal Balance	Original Average Interest Rate			Unpaid Principal Balance	Modified Average Interest Rate
First Mortgage Loan		7	$	4,415,544	8.014	%	$	3,838,819	6.03	%