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3) Investments: Schedule of Major categories of net investment income (Tables)
3 Months Ended
Mar. 31, 2018
Tables/Schedules  
Schedule of Major categories of net investment income

 

Three Months Ended March 31

2018

2017

Fixed maturity securities held to maturity

 $     2,529,841

 $     2,424,805

Equity securities

            58,292

            54,786

Mortgage loans held for investment

        4,531,927

        3,410,761

Real estate held for investment

        2,670,440

        2,894,331

Policy loans

          102,866

          116,845

Insurance assignments

        3,860,937

        3,364,642

Other investments

            53,673

              7,543

Cash and cash equivalents

          137,368

            91,012

Gross investment income

      13,945,344

      12,364,725

Investment expenses

      (3,870,913)

      (3,348,349)

Net investment income

 $   10,074,431

 $     9,016,376