XML 55 R44.htm IDEA: XBRL DOCUMENT v3.8.0.1
8): Fair Value of Financial Instruments: Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis (Tables)
 3 Months Ended
Mar. 31, 2018
AsOfMarch312018Member  
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis

 

 

Total

Quoted Prices in Active Markets for Identical Assets (Level 1)

Significant Observable Inputs (Level 2)

Significant Unobservable Inputs (Level 3)

Assets accounted for at fair value on a recurring basis

Common stock

 $           5,889,151

 $                5,889,151

 $                 -

 $                          -

Total equity securities

 $           5,889,151

 $                5,889,151

 $                 -

 $                          -

Loans held for sale

 $       124,866,313

 $                               -

 $                 -

 $       124,866,313

Restricted assets (1)

                 800,510

                      800,510

                    -

                             -

Cemetery perpetual care trust investments (1)

                 648,381

                      648,381

                    -

                             -

Derivatives - loan commitments (2)

              2,786,371

                                  -

                    -

              2,786,371

Total assets accounted for at fair value on a recurring basis

 $       134,990,726

 $                7,338,042

 $                 -

 $       127,652,684

Liabilities accounted for at fair value on a  recurring basis

Derivatives - call options (3)

 $              (13,277)

 $                    (13,277)

 $                 -

 $                          -

Derivatives - put options (3)

               (128,598)

                     (128,598)

                    -

                             -

Derivatives - loan commitments (3)

               (348,824)

                                  -

                    -

                (348,824)

Total liabilities accounted for at fair value on a recurring basis

 $            (490,699)

 $                  (141,875)

 $                 -

 $             (348,824)

                 

(1) Mutual funds and equity securities

(2) Included in other assets on the condensed consolidated balance sheets

(3) Included in other liabilities and accrued expenses on the condensed consolidated balance sheets
AsOfDecember312017Member  
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis

 

 

Total

Quoted Prices in Active Markets for Identical Assets (Level 1)

Significant Observable Inputs (Level 2)

Significant Unobservable Inputs (Level 3)

Assets accounted for at fair value on a recurring basis

Common stock

 $         6,037,855

 $        6,037,855

 $                -

 $                       -

Total equity securities

 $         6,037,855

 $        6,037,855

 $                -

 $                       -

Loans held for sale

 $     133,414,188

 $                       -

 $                -

 $     133,414,188

Restricted assets (1)

               809,958

              809,958

                   -

                          -

Cemetery perpetual care trust investments (1)

               682,315

              682,315

 -

 -

Derivatives - loan commitments (2)

            2,032,782

 -

 -

            2,032,782

 

 

 

 

Total assets accounted for at fair value on a recurring basis

 $         9,562,910

 $        7,530,128

 $                -

 $         2,032,782

Liabilities accounted for at fair value on a recurring basis

Derivatives - call options (3)

              (64,689)

             (64,689)

 -

                          -

Derivatives - put options (3)

              (20,568)

             (20,568)

 -

                         -

Derivatives - loan commitments (3)

              (36,193)

 -

 -

             (36,193)

 

 

 

 

Total liabilities accounted for at fair value on a recurring basis

 $         (121,450)

 $          (85,257)

 $                -

 $          (36,193)

                 

(1) Mutual funds and equity securities

(2) Included in other assets on the condensed consolidated balance sheets

(3) Included in other liabilities and accrued expenses on the condensed consolidated balance sheets