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3) Investments: Schedule of Major categories of net investment income (Tables)
6 Months Ended
Jun. 30, 2019
Tables/Schedules  
Schedule of Major categories of net investment income

 

 

Three Months Ended June 30

 

Six Months Ended June 30

 

2019

 

2018

 

2019

 

2018

Fixed maturity securities held to maturity

 $     2,528,689

 

 $     2,510,842

 

 $     5,032,554

 

 $     5,040,682

Equity securities

            74,730

 

            53,620

 

          152,651

 

          111,912

Mortgage loans held for investment

        4,525,817

 

        4,872,441

 

        8,629,184

 

        9,776,361

Real estate held for investment

        2,096,927

 

        1,623,044

 

        4,007,221

 

        4,299,858

Policy loans

          106,905

 

          108,630

 

          195,042

 

          211,496

Insurance assignments

        3,906,832

 

        3,511,749

 

        8,118,952

 

        7,372,687

Other investments

            52,130

 

            75,871

 

          106,678

 

          129,544

Cash and cash equivalents

          465,959

 

          239,661

 

          964,876

 

          377,029

Gross investment income

      13,757,989

 

      12,995,858

 

      27,207,158

 

      27,319,569

Investment expenses

      (3,217,154)

 

      (3,253,893)

 

      (6,624,655)

 

      (7,503,173)

Net investment income

 $   10,540,835

 

 $     9,741,965

 

 $   20,582,503

 

 $   19,816,396