XML 35 R23.htm IDEA: XBRL DOCUMENT
v3.21.2

Loans Held for Sale (Tables) | 9 Months Ended
--- | ---
Sep. 30, 2021
Loans Held For Sale |
Summary of Aggregate fair value - Loans Held for Sale | The following is a summary of the aggregate fair value and the aggregate unpaid principal balance of loans held for sale for the periods presented: Summary of Aggregate fair value - Loans Held for Sale
|  | As of September 30 2021 |  |  | As of December 31 2020 |
Aggregate fair value |  | $ | 312,655,843 |  |  | $ | 422,772,418 |
Unpaid principal balance |  |  | 304,132,748 |  |  |  | 406,407,323 |
Unrealized gain |  |  | 8,523,095 |  |  |  | 16,365,095 |
Schedule of Mortgage Fee Income for Loans Held for Sale | Major categories of mortgage fee income for loans held for sale are as follows: Schedule of Mortgage Fee Income for Loans Held for Sale
|  | Three Months Ended September 30 |  |  | Nine Months Ended September 30 |
|  | 2021 |  |  | 2020 |  |  | 2021 |  |  | 2020 |
Loan fees |  | $ | 9,552,788 |  |  | $ | 20,630,052 |  |  | $ | 28,247,365 |  |  | $ | 40,167,476 |
Interest income |  |  | 2,336,573 |  |  |  | 3,348,929 |  |  |  | 6,836,754 |  |  |  | 7,630,993 |
Secondary gains |  |  | 55,440,961 |  |  |  | 70,627,864 |  |  |  | 179,900,770 |  |  |  | 151,215,666 |
Change in fair value of loan commitments |  |  | (380,696 | ) |  |  | 3,901,086 |  |  |  | (549,093 | ) |  |  | 12,454,218 |
Change in fair value of loans held for sale |  |  | (259,307 | ) |  |  | 1,404,131 |  |  |  | (8,319,820 | ) |  |  | 4,231,347 |
Provision for loan loss reserve |  |  | (432,468 | ) |  |  | (1,352,438 | ) |  |  | (1,701,700 | ) |  |  | (3,489,982 | )
Mortgage fee income |  | $ | 66,257,851 |  |  | $ | 98,559,624 |  |  | $ | 204,414,276 |  |  | $ | 212,209,718 |
Summary of Loan Loss Reserve Included in Other Liabilities and Accrued Expenses | The following is a summary of the loan loss reserve that is included in other liabilities and accrued expenses: Summary of Loan Loss Reserve Included in Other Liabilities and Accrued Expenses
|  | As of September 30 2021 |  |  | As of December 31 2020 |
Balance, beginning of period |  | $ | 20,583,618 |  |  | $ | 4,046,288 |
Provision on current loan originations (1) |  |  | 1,701,700 |  |  |  | 4,938,214 |
Additional provision for loan loss reserve |  |  | — |  |  |  | 16,506,030 |
Charge-offs, net of recaptured amounts |  |  | (19,877,085 | ) |  |  | (4,906,914 | )
Balance, end of period |  | $ | 2,408,233 |  |  | $ | 20,583,618 |
(1) | Included in mortgage fee income

X
- References No definition available. + Details
Name: | SNFCA_AggregateFairValueLoansHeldForSaleScheduleTextBlock
Namespace Prefix: | SNFCA_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | SNFCA_DisclosureLoansHeldForSaleAbstract
Namespace Prefix: | SNFCA_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | SNFCA_ScheduleOfLoanLossReserveWhichIsIncludedInOtherLiabilitiesAndAccruedExpensesTextBlock
Namespace Prefix: | SNFCA_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | SNFCA_ScheduleOfMortgageFeeIncomeForLoansHeldForSaleTextBlock
Namespace Prefix: | SNFCA_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration