Mortgage Loans Receivable and Bond Portfolio (Tables)

6 Months Ended

Jun. 30, 2020

Notes to Financial Statements

Mortgage Loans Receivable and Bond Portofolio

	Mortgage Loans	Bond Portfolio
July 1, 2020 through December 31, 2020	$     1,302,687	$      80,000
2021	645,876	224,000
2022	1,440,414	139,000
2023	797,511	263,000
2024	1,731,671	455,000
Thereafter	13,518,267	17,151,937
	19,436,426	18,312,937
Less loan loss and other than temporary impairment on bonds allowance	(1,477,195)	(693,000)
Less deferred origination fees	(266,033)	___-____
Totals	$17,693,198	$17,619,937

Restructured Loans

	June 30, 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%	$3,164,006	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%