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3) Loans Held For Sale: Schedule of Mortgage Fee Income for Loans Held for Sale (Tables) | 12 Months Ended
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Dec. 31, 2017
Tables/Schedules |
Schedule of Mortgage Fee Income for Loans Held for Sale |
| 2017 |  | 2016
Loan fees | $ 40,434,686 |  | $ 44,341,501
Interest income | 7,089,025 |  | 8,004,952
Secondary gains | 108,756,613 |  | 140,651,103
Change in fair value of loan commitments | (4,812,743) |  | (862,163)
Change in fair value of loans held for sale | 4,180,777 |  | -
Provision for loan loss reserve | (1,851,187) |  | (2,988,754)
Mortgage fee income | $ 153,797,171 |  | $ 189,146,639

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