Mortgage Loans Receivable and Bond Portfolio (Tables)

3 Months Ended

Mar. 31, 2020

Notes to Financial Statements

Contractual Maturity Mortgage Loans and Bond Portfolio

	Mortgage Loans	Bond Portfolio
April 1, 2020 through December 31, 2020	$     1,416,813	$      146,000
2021	645,876	224,000
2022	1,440,414	139,000
2023	797,511	247,000
2024	1,731,671	433,000
Thereafter	13,518,266	16,917,937
	19,550,551	18,106,937
Less loan loss and other than temporary impairment on bonds allowance	(1,429,487)	(658,000)
Less deferred origination fees	(266,033)	___-____
Totals	$17,855,031	$17,448,937

Restructured Mortgage Loans

	March 31, 2020
Type of Loan	Number of Loans	Original Principal Balance	Original Average Interest Rate	Unpaid Principal Balance	Modified Average Interest Rate
Mortgage Loans	6	$4,100,544	7.892%	$3,164,996	5.58%

	December 31, 2019
Type of Loan	Number of Loans	Original Principal Balance	Original Average Interest Rate	Unpaid Principal Balance	Modified Average Interest Rate
Mortgage Loans	6	$4,100,544	7.892%	$3,185,720	5.58%