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Note 2: Investments: Schedule of Impaired Mortgage Loans (Tables)
12 Months Ended
Dec. 31, 2014
Tables/Schedules  
Schedule of Impaired Mortgage Loans

 

Impaired Loans

For the Years Ended December 31, 2014, and 2013

 Recorded Investment

Unpaid Principal Balance

Related Allowance

 Average Recorded Investment

Interest Income Recognized

2014

With no related allowance recorded:

   Commercial

 $                -

 $                  -

 $                -

 $                      -

 $                -

   Residential

                   -

                     -

                   -

                         -

                   -

   Residential construction

       414,499

         414,499

                   -

             414,499

                   -

With an allowance recorded:

   Commercial

 $                -

 $                  -

 $                -

 $                      -

 $                -

   Residential

    1,556,182

      1,556,182

       153,446

          1,556,182

                   -

   Residential construction

                   -

                     -

                   -

                         -

                   -

Total:

   Commercial

 $                -

 $                  -

 $                -

 $                      -

 $                -

   Residential

    1,556,182

      1,556,182

       153,446

          1,556,182

                   -

   Residential construction

       414,499

         414,499

                   -

             414,499

                   -

2013

With no related allowance recorded:

   Commercial

 $                -

 $                  -

 $                -

 $                      -

 $                -

   Residential

                   -

                     -

                   -

                         -

                   -

   Residential construction

                   -

                     -

                   -

                         -

                   -

With an allowance recorded:

   Commercial

 $                -

 $                  -

 $                -

 $                      -

 $                -

   Residential

    1,518,327

      1,518,327

       152,745

          1,518,327

                   -

   Residential construction

                   -

                     -

                   -

                         -

                   -

Total:

   Commercial

 $                -

 $                  -

 $                -

 $                      -

 $                -

   Residential

    1,518,327

      1,518,327

       152,745

          1,518,327

                   -

   Residential construction

                   -

                     -

                   -

                         -

                   -