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19) Derivative Instruments: Schedule of Gains and Losses on Derivatives (Tables)
12 Months Ended
Dec. 31, 2018
Tables/Schedules  
Schedule of Gains and Losses on Derivatives

 

 

 

 

 

Net Amount Gain (Loss)              

 

 

 

 

 

Years ended December 31

 

Derivative

 

Classification

 

2018

 

2017

 

Interest Rate Swaps

 

Other comprehensive income

 

 $                      -

 

$                 2,018

 

 

 

 

 

 

 

 

 

Loan commitments

 

Mortgage fee income

 

$         (404,773)

 

$        (4,812,743)

(1)

 

 

 

 

 

 

 

 

Call and put options

 

Gains on investments and other assets

 

$           187,786

 

$             316,244

 

                                 

 

 

 

 

 

 

 

(1) Includes the transfer of loan commitments to the value of loans held for sale.