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15) Business Segment Information: Schedule of Segment Reporting Information, by Segment (Tables)

12 Months Ended

Dec. 31, 2017

Tables/Schedules

Schedule of Segment Reporting Information, by Segment

	2017
	Life		Cemetery/				Intercompany
	Insurance		Mortuary		Mortgage		Eliminations		Consolidated
Revenues:
From external sources:
Revenue from customers	$       70,412,476		$       12,657,117		$     153,797,171		$                         -		$     236,866,764
Net investment income	34,068,565		445,663		548,740		-		35,062,968
Realized gains (losses) on
investments and other assets	(3,871,309)		186,335		736,492		-		(2,948,482)
Other than temporary impairments	(774,339)		-		-		-		(774,339)
Other revenues	856,094		97,602		7,765,483		-		8,719,179
Intersegment revenues:
Net investment income	5,987,731		422,623		392,083		(6,802,437)		-
Total revenues	106,679,218		13,809,340		163,239,969		(6,802,437)		276,926,090
Expenses:
Death and other policy benefits	36,095,018		-		-		-		36,095,018
Increase in future policy benefits	23,622,750		-		-		-		23,622,750
Amortization of deferred policy     and preneed acquisition costs and
value of business acquired	8,157,456		322,794		-		-		8,480,250
Depreciation	484,349		401,564		1,334,780		-		2,220,693
General, administrative and
other costs:
Intersegment	315,588		184,853		505,707		(1,006,148)		-
Provision for loan losses	-		-		-		-		-
Costs related to funding mortgage
loans	-		-		8,663,223		-		8,663,223
Other	30,632,307		10,689,813		142,952,592		-		184,274,712
Interest expense:
Intersegment	445,520		181,793		5,168,976		(5,796,289)		-
Other	2,218,956		330,211		3,488,165		-		6,037,332
Total benefits and expenses	101,971,944		12,111,028		162,113,443		(6,802,437)		269,393,978
Earnings before income    taxes	$         4,707,274		$         1,698,312		$         1,126,526		$                         -		$         7,532,112
Income tax benefit (expense)	6,400,669		(606,293)		786,446		-		6,580,822
Net earnings	$       11,107,943		$         1,698,312		$         1,912,972		$                         -		$       14,112,934
Identifiable assets	$     858,068,899		$       95,097,729		$     161,051,531		$     (134,810,675)		$     979,407,484
Goodwill	$         2,765,570		$                        -		$                        -		$                         -		$         2,765,570

	2016
	Life		Cemetery/				Intercompany
	Insurance		Mortuary		Mortgage		Eliminations		Consolidated
Revenues:
From external sources:
Revenue from customers	$       64,501,017		$       12,267,640		$     189,146,639		$                         -		$     265,915,296
Net investment income	31,019,594		312,494		646,513		-		31,978,601
Realized gains (losses) on
investments and other assets	(277,040)		211,429		(110,776)		-		(176,387)
Other than temporary impairments	(270,358)		-		-		-		(270,358)
Other revenues	632,260		88,676		6,166,813		-		6,887,749
Intersegment revenues:
Net investment income	7,119,692		691,876		327,778		(8,139,346)		-
Total revenues	102,725,165		13,572,115		196,176,967		(8,139,346)		304,334,901
Expenses:
Death and other policy benefits	33,387,380		-		-		-		33,387,380
Increase in future policy benefits	21,322,195		-		-		-		21,322,195
Amortization of deferred policy     and preneed acquisition costs and
value of business acquired	7,647,097		356,078		-		-		8,003,175
Depreciation	596,827		390,362		1,195,535		-		2,182,724
General, administrative and
other costs:
Intersegment	261,119		148,025		219,974		(629,118)		-
Provision for loan losses	-		-		1,700,000		-		1,700,000
Costs related to funding mortgage
loans	-		-		9,191,488		-		9,191,488
Other	29,478,156		10,524,535		163,730,148		1		203,732,840
Interest expense:
Intersegment	519,959		651,046		6,339,224		(7,510,229)		-
Other	1,654,264		282,878		3,174,726		-		5,111,868
Total benefits and expenses	94,866,997		12,352,924		185,551,095		(8,139,346)		284,631,670
Earnings before income    taxes	$         7,858,168		$         1,219,191		$       10,625,872		$                         -		$       19,703,231
Income tax expense	(3,451,292)		-		(4,063,312)		-		(7,514,604)
Net earnings	$         4,406,876		$         1,219,191		$         6,562,560		$                         -		$       12,188,627
Identifiable assets	$     818,140,804		$       99,611,263		$     172,778,387		$     (140,874,459)		$     949,655,995
Goodwill	$         2,765,570		$                        -		$                        -		$                         -		$         2,765,570
Expenditures for long-lived assets	$            532,958		$            723,445		$         2,310,108		$                         -		$         3,566,511

X

- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8906-108599

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 25
-URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8813-108599

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 21
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8721-108599

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=35741047&loc=d3e13816-109267

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 22
-URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8736-108599

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