XML 40 R28.htm IDEA: XBRL DOCUMENT
v3.24.3

Loans Held for Sale (Tables) | 9 Months Ended
--- | ---
Sep. 30, 2024
Loans Held For Sale |
Schedule of Aggregate Fair Value Loans Held for Sale | The following table presents the aggregate fair value and the aggregate unpaid principal balance of loans held for sale: Schedule of Aggregate Fair Value Loans Held for Sale
|  | As of September 30, 2024 |  |  | As of December 31, 2023 |
Aggregate fair value |  | $ | 142,897,741 |  |  | $ | 126,549,190 |
Unpaid principal balance |  |  | 139,678,479 |  |  |  | 127,185,867 |
Unrealized gain (loss) |  |  | 3,219,262 |  |  |  | (636,677 | )
Schedule of Mortgage Fee Income for Loans Held for Sale | Major categories of mortgage fee income for loans held for sale are summarized as follows: Schedule of Mortgage Fee Income for Loans Held for Sale
|  | 2024 |  |  | 2023 |  |  | 2024 |  |  | 2023 |
|  | Three Months Ended September 30, |  |  | Nine Months Ended September 30, |
|  | 2024 |  |  | 2023 |  |  | 2024 |  |  | 2023 |
Loan fees |  | $ | 7,358,830 |  |  | $ | 6,033,227 |  |  | $ | 20,245,527 |  |  | $ | 16,408,443 |
Interest income |  |  | 2,357,379 |  |  |  | 2,637,971 |  |  |  | 6,104,113 |  |  |  | 7,265,516 |
Secondary gains |  |  | 17,982,124 |  |  |  | 17,625,394 |  |  |  | 51,387,693 |  |  |  | 54,884,965 |
Change in fair value of loan commitments |  |  | (179,836 | ) |  |  | (1,504,286 | ) |  |  | 811,765 |  |  |  | (977,716 | )
Change in fair value of loans held for sale |  |  | 2,959,729 |  |  |  | (108,676 | ) |  |  | 3,855,914 |  |  |  | (715,799 | )
Provision for loan loss reserve |  |  | (254,134 | ) |  |  | 252,389 |  |  |  | (729,734 | ) |  |  | 138,369 |
Mortgage fee income |  | $ | 30,224,092 |  |  | $ | 24,936,019 |  |  | $ | 81,675,278 |  |  | $ | 77,003,778 |
Schedule of Loan Loss Reserve Included in Other Liabilities and Accrued Expenses | The loan loss reserve, which is included in other liabilities and accrued expenses, is summarized as follows: Schedule of Loan Loss Reserve Included in Other Liabilities and Accrued Expenses
|  | As of September 30, 2024 |  |  | As of December 31, 2023 |
Balance, beginning of period |  | $ | 547,233 |  |  | $ | 1,725,667 |
Provision on current loan originations (1) |  |  | 729,734 |  |  |  | 27,164 |
Charge-offs, net of recaptured amounts |  |  | (444,882 | ) |  |  | (1,205,598 | )
Balance, end of period |  | $ | 832,085 |  |  | $ | 547,233 |
(1) | Included in mortgage fee income

X
- Definition Aggregate Fair Value Loans Held For Sale Schedule [Table Text Block] + References No definition available. + Details
Name: | SNFCA_AggregateFairValueLoansHeldForSaleScheduleTableTextBlock
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
- Definition Schedule of Loan Loss Reserve Which is Included in Other Liabilities and Accrued Expenses [Text Block] + References No definition available. + Details
Name: | SNFCA_ScheduleOfLoanLossReserveWhichIsIncludedInOtherLiabilitiesAndAccruedExpensesTextBlock
Namespace Prefix: | SNFCA_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Schedule of Mortgage Fee Income for Loans Held for Sale [Table Text Block] + References No definition available. + Details
Name: | SNFCA_ScheduleOfMortgageFeeIncomeForLoansHeldForSaleTextBlock
Namespace Prefix: | SNFCA_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration