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2) Investments: Held-to-maturity Securities (Details) - USD ($) | Dec. 31, 2019 | Dec. 31, 2018
--- | --- | ---
Available-for-sale Securities, Amortized Cost Basis | $ 338,629,810 |  |  |
Available-for-sale Securities | 355,977,820 |  | $ 0 |
Equity securities at estimated fair value | 7,271,165 |  | 5,558,611 |
Mortgage loans on real estate and construction | 236,694,546 |  | 186,465,069 |
Mortgage loans on real estate and construction, unamortized deferred loan fees, net | (2,391,567) |  | (1,275,030) |
Mortgage loans on real estate and construction, allowance for losses | (1,453,037) |  | (1,347,972) |
Mortgage loans on real estate and construction, Discount | (653,272) |  |  |
Real estate held for investment, net of depreciation | 102,756,946 |  | 121,558,222 |
Real estate held for sale | 14,097,627 |  | 0 |
Policy loans | 14,762,805 |  | 6,424,325 |
Insurance assignments | 41,062,965 |  | 35,239,396 |
Federal Home Loan Bank stock | 894,300 | [1] | 2,548,700 | [2]
Other investments | 4,973,225 |  | 3,497,762 |
Allowance for doubtful accounts | (1,448,026) |  | (1,092,528) |
Total other investments and policy loans | 60,245,269 |  | 46,617,655 |
Accrued investment income | 4,833,232 |  | 3,566,146 |
Total investments | 781,876,605 |  | 595,844,426 |
Total |  |  |  |
Available-for-sale Securities, Amortized Cost Basis | 338,629,810 |  | 232,078,723 |
Available-for-sale Securities, Accumulated Gross Unrealized Gain, before Tax | 18,085,841 |  | 7,529,330 |
Available-for-sale Securities, Accumulated Gross Unrealized Loss, before Tax | (737,831) |  | (4,857,195) |
Available-for-sale Securities | 355,977,820 |  | 234,750,858 |
US Treasury Securities |  |  |  |
Available-for-sale Securities, Amortized Cost Basis | 142,740,641 |  | 52,017,683 |
Available-for-sale Securities, Accumulated Gross Unrealized Gain, before Tax | 632,185 |  | 264,891 |
Available-for-sale Securities, Accumulated Gross Unrealized Loss, before Tax | (25,215) |  | (727,798) |
Available-for-sale Securities | 143,347,611 |  | 51,554,776 |
US States and Political Subdivisions Debt Securities |  |  |  |
Available-for-sale Securities, Amortized Cost Basis | 7,450,366 |  | 6,959,237 |
Available-for-sale Securities, Accumulated Gross Unrealized Gain, before Tax | 87,812 |  | 32,274 |
Available-for-sale Securities, Accumulated Gross Unrealized Loss, before Tax | (9,026) |  | (111,271) |
Available-for-sale Securities | 7,529,152 |  | 6,880,240 |
Corporate Debt Securities |  |  |  |
Available-for-sale Securities, Amortized Cost Basis | 156,599,184 |  | 157,639,860 |
Available-for-sale Securities, Accumulated Gross Unrealized Gain, before Tax | 16,768,449 |  | 7,002,864 |
Available-for-sale Securities, Accumulated Gross Unrealized Loss, before Tax | (463,413) |  | (3,704,137) |
Available-for-sale Securities | 172,904,220 |  | 160,938,587 |
Mortgage-backed Securities, Issued by US Government Sponsored Enterprises |  |  |  |
Available-for-sale Securities, Amortized Cost Basis | 31,475,280 |  | 15,358,746 |
Available-for-sale Securities, Accumulated Gross Unrealized Gain, before Tax | 597,395 |  | 227,398 |
Available-for-sale Securities, Accumulated Gross Unrealized Loss, before Tax | (240,177) |  | (308,864) |
Available-for-sale Securities | 31,832,498 |  | 15,277,280 |
Redeemable Preferred Stock |  |  |  |
Available-for-sale Securities, Amortized Cost Basis | 364,339 |  | 103,197 |
Available-for-sale Securities, Accumulated Gross Unrealized Gain, before Tax | 0 |  | 1,903 |
Available-for-sale Securities, Accumulated Gross Unrealized Loss, before Tax | 0 |  | (5,125) |
Available-for-sale Securities | 364,339 |  | 99,975 |
Industrial, miscellaneous and all other |  |  |  |
Available-for-sale Equity Securities, Amortized Cost Basis | 6,900,537 |  | 6,312,158 |
Available-for-sale Equity Securities, Accumulated Gross Unrealized Gain, before Tax | 1,139,799 |  | 422,528 |
Available-for-sale Equity Securities, Accumulated Gross Unrealized Loss, before Tax | (769,171) |  | (1,176,075) |
Equity securities at estimated fair value | 7,271,165 |  | 5,558,611 |
Equity Securities |  |  |  |
Available-for-sale Equity Securities, Amortized Cost Basis | 6,900,537 |  | 6,312,158 |
Available-for-sale Equity Securities, Accumulated Gross Unrealized Gain, before Tax | 1,139,799 |  | 422,528 |
Available-for-sale Equity Securities, Accumulated Gross Unrealized Loss, before Tax | (769,171) |  | (1,176,075) |
Equity securities at estimated fair value | 7,271,165 |  | 5,558,611 |
Residential Mortgage |  |  |  |
Mortgage loans on real estate and construction | 113,043,965 |  | 89,935,600 |
Real estate held for investment, net of depreciation | 12,530,306 |  | 29,507,431 |
Real estate held for sale | 8,021,306 |  |  |
Residential construction |  |  |  |
Mortgage loans on real estate and construction | 89,430,237 |  | 71,366,544 |
Commercial |  |  |  |
Mortgage loans on real estate and construction | 38,718,220 |  | 27,785,927 |
Commercial Loan |  |  |  |
Real estate held for investment, net of depreciation | 90,226,640 |  | $ 92,050,791 |
Real estate held for sale | $ 6,076,321 |  |  |
[1] | Includes $894,300 of Membership stock and $-0- of Activity stock due to short-term borrowings
[2] | Includes $708,700 of Membership stock and $1,840,000 of Activity stock due to short-term borrowings

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