XML 43 R31.htm IDEA: XBRL DOCUMENT
v3.25.3

Mortgage Servicing Rights (Tables) | 9 Months Ended
--- | ---
Sep. 30, 2025
Goodwill and Intangible Assets Disclosure [Abstract] |
Schedule of Mortgage Servicing Rights | The following table presents the MSR activity: Schedule of Mortgage Servicing Rights
|  | As of September 30, 2025 |  |  | As of December 31, 2024 |
Amortized cost: |  |  |  |  |  |  |  |
Balance before valuation allowance at beginning of year |  | $ | 2,939,878 |  |  | $ | 3,461,146 |
MSR additions resulting from loan sales (1) |  |  | 90,026 |  |  |  | 90,370 |
Amortization (2) |  |  | (413,532 | ) |  |  | (611,638 | )
Sale of MSRs |  |  | - |  |  |  | - |
Application of valuation allowance to write down MSRs with other than temporary impairment |  |  | - |  |  |  | - |
Balance before valuation allowance at end of period |  | $ | 2,616,372 |  |  | $ | 2,939,878 |
Valuation allowance for impairment of MSRs: |  |  |  |  |  |  |  |
Balance at beginning of year |  | $ | - |  |  | $ | - |
Additions |  |  | - |  |  |  | - |
Application of valuation allowance to write down MSRs with other than temporary impairment |  |  | - |  |  |  | - |
Balance at end of period |  | $ | - |  |  | $ | - |
Mortgage servicing rights, net |  | $ | 2,616,372 |  |  | $ | 2,939,878 |
Estimated fair value of MSRs at end of period |  | $ | 4,035,635 |  |  | $ | 4,552,316 |
(1) | Included in mortgage fee income on the condensed consolidated statements of earnings
(2) | Included in other expenses on the condensed consolidated statements of earnings
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense, Mortgage Servicing Rights | The table below summarizes the Company’s estimate of future amortization of its existing MSRs carried at amortized cost. This projection was developed using the Company’s assumptions in its September 30, 2025, valuation of MSRs. The assumptions used in the following table are likely to change as market conditions, portfolio composition and borrower behavior change, causing both actual and projected amortization levels to change over time. Schedule of Finite-Lived Intangible Assets, Future Amortization Expense, Mortgage Servicing Rights
|  | Estimated MSR Amortization |
2025 |  |  | 279,041 |
2026 |  |  | 253,744 |
2027 |  |  | 230,321 |
2028 |  |  | 205,263 |
2029 |  |  | 183,829 |
Thereafter |  |  | 1,464,174 |
Total |  | $ | 2,616,372 |
Schedule of Other Revenues | The Company collected the following contractual servicing fee income and late fee income as reported in other revenues on the condensed consolidated statement of earnings. Schedule of Other Revenues
|  | 2025 |  |  | 2024 |  |  | 2025 |  |  | 2024 |
|  | Three Months Ended September 30, |  |  | Nine Months Ended September 30, |
|  | 2025 |  |  | 2024 |  |  | 2025 |  |  | 2024 |
Contractual servicing fees |  | $ | 235,892 |  |  | $ | 237,531 |  |  | $ | 690,893 |  |  | $ | 736,137 |
Late fees |  |  | 16,603 |  |  |  | 17,349 |  |  |  | 48,451 |  |  |  | 56,637 |
Total |  | $ | 252,495 |  |  | $ | 254,880 |  |  | $ | 739,344 |  |  | $ | 792,774 |
Summary of Unpaid Principal Balances of the Servicing Portfolio | The following is a summary of the unpaid principal balances (“UPB”) of the servicing portfolio. Summary of Unpaid Principal Balances of the Servicing Portfolio
|  | As of September 30, 2025 |  |  | As of December 31, 2024 |
Servicing UPB |  | $ | 366,929,184 |  |  | $ | 385,134,774 |
Schedule of Assumptions Used in Determining MSR Value | The following key assumptions were used in determining MSR value: Schedule of Assumptions Used in Determining MSR Value
|  | Prepayment Speeds |  |  | Average Life (Years) |  |  | Discount Rate |
September 30, 2025 |  |  | 11.68 |  |  |  | 7.55 |  |  |  | 11.93 |
December 31, 2024 |  |  | 8.79 |  |  |  | 8.28 |  |  |  | 12.14 |

X
- Definition Assumptions Used In Determining Msr Value [Text Block] + References No definition available. + Details
Name: | SNFCA_AssumptionsUsedInDeterminingMsrValueTextBlock
Namespace Prefix: | SNFCA_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Schedule of Mortgage Servicing Rights [Text Block] + References No definition available. + Details
Name: | SNFCA_ScheduleOfMortgageServicingRightsTextBlock
Namespace Prefix: | SNFCA_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Summary of Unpaid Principal Balances of the Servicing Portfolio [Text Block] + References No definition available. + Details
Name: | SNFCA_SummaryOfUnpaidPrincipalBalancesOfTheServicingPortfolioTextBlock
Namespace Prefix: | SNFCA_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

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

X
- Definition Tabular disclosure of all significant reconciling items in the reconciliation of total revenues from reportable segments to the entity's consolidated revenues. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-31 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-30 + Details
Name: | us-gaap_ReconciliationOfRevenueFromSegmentsToConsolidatedTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the amount of amortization expense expected to be recorded in succeeding fiscal years for finite-lived intangible assets. + References Reference 1: http://www.xbrl.org/2003/role/exampleRef -Name Accounting Standards Codification -Section 55 -Paragraph 40 -SubTopic 30 -Topic 350 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482640/350-30-55-40 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 30 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (a)(3) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482665/350-30-50-2 + Details
Name: | us-gaap_ScheduleofFiniteLivedIntangibleAssetsFutureAmortizationExpenseTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration