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4) Loans Held For Sale: Schedule of Mortgage Fee Income for Loans Held for Sale (Tables) | 3 Months Ended
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Mar. 31, 2018
Tables/Schedules |
Schedule of Mortgage Fee Income for Loans Held for Sale |
| Three Months Ended March 31
| 2018 |  | 2017
Loan fees | $ 5,745,309 |  | $ 9,304,925
Interest income | 1,116,454 |  | 1,734,527
Secondary gains | 15,578,495 |  | 26,194,350
Change in fair value of loan commitments | 440,958 |  | 2,167,593
Change in fair value of loans held for sale | 2,929,996 | (1) | -
Provision for loan loss reserve | (351,051) |  | (426,634)
Mortgage fee income | $ 25,460,160 |  | $ 38,974,760
(1) See Fair Value Option Election |  |  |

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