XML 57 R45.htm IDEA: XBRL DOCUMENT v3.21.2
Investments (Details Narrative) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
Dec. 31, 2020
Net Investment Income [Line Items]          
Average market value over amortized cost 97.40%   97.40%   94.70%
Maximum borrowing capacity $ 29,552,638   $ 29,552,638    
Remaining borrowing capacity 13,787,339   13,787,339    
Net Investment Income 15,092,962 $ 14,709,142 43,564,167 $ 41,072,386  
Securities on deposit for regulatory authorities 10,168,666   10,168,666   $ 9,684,409
Loans Payable to Bank 263,186,923   263,186,923   297,824,368
Nonperforming Financing Receivable 0 800,000 28,378 846,980  
Impairment losses on residential real estate held for investment 0 0 0 43,394  
Interest not accrued on non-performing loans $ 265,000   $ 265,000   $ 491,000
UTAH          
Net Investment Income [Line Items]          
Loan Interest rate 62.00%   62.00%   57.00%
FLORIDA          
Net Investment Income [Line Items]          
Loan Interest rate 13.00%   13.00%   13.00%
TEXAS          
Net Investment Income [Line Items]          
Loan Interest rate 5.00%   5.00%   9.00%
NEVADA          
Net Investment Income [Line Items]          
Loan Interest rate 4.00%   4.00%   3.00%
ARIZONA          
Net Investment Income [Line Items]          
Loan Interest rate 2.00%   2.00%   3.00%
HAWAII          
Net Investment Income [Line Items]          
Loan Interest rate 2.00%   2.00%    
LOUISIANA          
Net Investment Income [Line Items]          
Loan Interest rate 2.00%   2.00%    
CALIFORNIA          
Net Investment Income [Line Items]          
Loan Interest rate         4.00%
Minimum [Member]          
Net Investment Income [Line Items]          
Loan Interest rate 2.00%   2.00%    
Maximum [Member]          
Net Investment Income [Line Items]          
Loan Interest rate 10.50%   10.50%    
Commercial Real Estate 1 [Member]          
Net Investment Income [Line Items]          
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate, Gross $ 124,940,289   $ 124,940,289   $ 71,517,902
Loans Payable to Bank 75,989,280   75,989,280   46,153,283
Residential Real Estate [Member]          
Net Investment Income [Line Items]          
Foreclosed Residential Real Estate included in Residential Real Estate Held for Investment 1,190,602   1,190,602   $ 4,327,079
Cemeteries And Mortuaries [Member]          
Net Investment Income [Line Items]          
Net Investment Income 778,892 $ 129,347 1,130,771 $ 380,079  
FHLB [Member]          
Net Investment Income [Line Items]          
Other Borrowings $ 14,443,758   $ 14,443,758