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109532247

156924145

1) Basis of Presentation The accompanying unaudited condensed consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America for interim financial information and with the instructions to Form 10-Q and Articles 8 and 10 of Regulation S-X. Accordingly, they do not include all of the information and disclosures required by accounting principles generally accepted in the United States of America for complete financial statements. These financial statements should be read in conjunction with the consolidated financial statements of the Company and notes thereto for the year ended December 31, 2022, included in the Company’s Annual Report on Form 10-K (File Number 000-09341). In the opinion of management, all adjustments (consisting of normal recurring accruals) considered necessary for a fair presentation have been included. Operating results for the three month period ended March 31, 2023 are not necessarily indicative of the results that may be expected for the year ending December 31, 2023. The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to adopt policies and make estimates and assumptions that affect the amounts reported in the financial statements and accompanying notes. In applying these policies and estimates, the Company makes judgments that frequently require assumptions about matters that are inherently uncertain. Accordingly, significant estimates used in the preparation of the Company’s financial statements may be subject to significant adjustments in future periods. Actual results could differ from those estimates. Material estimates that are particularly susceptible to significant changes in the near term are those used in determining the value of derivative assets and liabilities; those used in determining deferred acquisition costs and the value of business acquired; those used in determining the value of mortgage loans foreclosed to real estate held for investment or sale; those used in determining the liability for future policy benefits and unearned revenue; those used in determining the estimated future costs for pre-need sales; those used in determining the value of mortgage servicing rights; those used in determining allowances for credit losses; those used in determining loan loss reserve; and those used in determining deferred tax assets and liabilities. Although some variability is inherent in these estimates, management believes the amounts provided are fairly stated in all material respects. Banking Environment. Item 7.01 Regulation FD Disclosure. On March 10, 2023 and March 12, 2023, Silicon Valley Bank and Signature Bank were placed in receivership with the Federal Deposit Insurance Corporation (“FDIC”). Normal banking activities resumed shortly thereafter. On May 1, 2023, First Republic bank was placed in receivership with the FDIC and was immediately purchased by a national bank. The Company does not maintain any deposit or other accounts or credit facilities with Silicon Valley Bank, Signature Bank or First Republic Bank. The Company may periodically transfer funds to these banks to pay for services rendered by third party vendors that continue to maintain banking relationships with these banks. The Company continues to monitor the banking industry and its relationships with regional and community banks. The information furnished in this Item 7.01 shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, and shall not be deemed incorporated by reference into any filing under the Securities Act of 1933, as amended, except as shall be expressly set forth by specific reference in such filing. SECURITY NATIONAL FINANCIAL CORPORATION AND SUBSIDIARIES Notes to Condensed Consolidated Financial Statements March 31, 2023 (Unaudited)

2) Recent Accounting Pronouncements Accounting Standards Adopted in 2023 ASU No. 2016-13: “Financial Instruments – Credit Losses (Topic 326)” — Issued in September 2016, ASU 2016-13 amends guidance on reporting credit losses for assets held at amortized cost basis (such as mortgage loans held for investment and held to maturity debt securities) and available for sale debt securities. For assets held at amortized cost basis, Topic 326 eliminates the probable initial recognition threshold and, instead, requires an entity to reflect its current estimate of all expected credit losses. The allowance for credit losses is a valuation account that is deducted from the amortized cost basis of the financial assets to present the net amount expected to be collected. For available for sale debt securities Topic 326 requires that credit losses be presented as an allowance rather than as a write-down. The Company adopted this standard on January 1, 2023, and after a review of the affected assets, decreased the opening balance of retained earnings in stockholders’ equity by $<span id="xdx_903_ecustom--IncreaseDecreaseInRetainedEarnings_c20230101__20230101__us-gaap--AdjustmentsForNewAccountingPronouncementsAxis__us-gaap--AccountingStandardsUpdate201613Member_zMMH7KQDtznl" title="Decrease in retained earnings">671,506 on January 1, 2023. The allowances for credit losses increased (decreased) by the following amounts. <p id="xdx_898_eus-gaap--ScheduleOfNewAccountingPronouncementsAndChangesInAccountingPrinciplesTextBlock_zFICAuXibBXh" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"> Schedule of Increased (Decrease) in Allowances for Credit Losses Upon ASU <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 90%"> <tr style="vertical-align: bottom"> <td> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Amount</td><td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Mortgage loans held for investment:</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-left: 10pt; width: 80%">Residential</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_98F_ecustom--AllowanceForCreditLossesCumulativeEffectAdjustmentUponAdoptionOfNewAccountingStandard_c20230101__20230101__us-gaap--AdjustmentsForNewAccountingPronouncementsAxis__us-gaap--AccountingStandardsUpdate201613Member__us-gaap--InvestmentTypeAxis__custom--MortgageLoansHeldForInvestmentMember__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember_zouZRWW5GwR4" style="width: 16%; text-align: right" title="Allowances for credit losses increase (decrease)">(192,607</td><td style="width: 1%; text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 10pt; text-align: left">Residential construction</td><td> </td> <td style="text-align: left"> </td><td id="xdx_983_ecustom--AllowanceForCreditLossesCumulativeEffectAdjustmentUponAdoptionOfNewAccountingStandard_c20230101__20230101__us-gaap--AdjustmentsForNewAccountingPronouncementsAxis__us-gaap--AccountingStandardsUpdate201613Member__us-gaap--InvestmentTypeAxis__custom--MortgageLoansHeldForInvestmentMember__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember_zIkGQRtFZmy2" style="text-align: right" title="Allowances for credit losses increase (decrease)">301,830</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-left: 10pt; padding-bottom: 1pt">Commercial</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_982_ecustom--AllowanceForCreditLossesCumulativeEffectAdjustmentUponAdoptionOfNewAccountingStandard_c20230101__20230101__us-gaap--AdjustmentsForNewAccountingPronouncementsAxis__us-gaap--AccountingStandardsUpdate201613Member__us-gaap--InvestmentTypeAxis__custom--MortgageLoansHeldForInvestmentMember__us-gaap--FinancialInstrumentAxis__custom--CommercialMember_zJ9085D65tpl" style="border-bottom: Black 1pt solid; text-align: right" title="Allowances for credit losses increase (decrease)">555,807</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-bottom: 1pt">Total</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_980_ecustom--AllowanceForCreditLossesCumulativeEffectAdjustmentUponAdoptionOfNewAccountingStandard_c20230101__20230101__us-gaap--AdjustmentsForNewAccountingPronouncementsAxis__us-gaap--AccountingStandardsUpdate201613Member__us-gaap--InvestmentTypeAxis__custom--MortgageLoansHeldForInvestmentMember_zzKydjXbpGN1" style="border-bottom: Black 1pt solid; text-align: right" title="Allowances for credit losses increase (decrease)">665,030</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Restriced assets - mortgage loans held for investment:</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-left: 10pt; text-align: left; padding-bottom: 1pt">Residential construction</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98D_ecustom--AllowanceForCreditLossesCumulativeEffectAdjustmentUponAdoptionOfNewAccountingStandard_c20230101__20230101__us-gaap--AdjustmentsForNewAccountingPronouncementsAxis__us-gaap--AccountingStandardsUpdate201613Member__us-gaap--InvestmentTypeAxis__custom--RestrictedAssetsMortgageLoansHeldForInvestmentMember__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember_z3xg0Rf79Dhh" style="border-bottom: Black 1pt solid; text-align: right" title="Allowances for credit losses increase (decrease)">3,463</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Cemetery perpetual care trust investments - mortgage loans held for investment:</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 10pt; text-align: left; padding-bottom: 1pt">Residential construction</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_986_ecustom--AllowanceForCreditLossesCumulativeEffectAdjustmentUponAdoptionOfNewAccountingStandard_c20230101__20230101__us-gaap--AdjustmentsForNewAccountingPronouncementsAxis__us-gaap--AccountingStandardsUpdate201613Member__us-gaap--InvestmentTypeAxis__custom--CemeteryPerpetualCareTrustInvestmentsMortgageLoansHeldForInvestmentMember__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember_zW9i5SLVe6G6" style="border-bottom: Black 1pt solid; text-align: right" title="Allowances for credit losses increase (decrease)">3,013</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 2.5pt">Grand Total</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td><td id="xdx_989_ecustom--AllowanceForCreditLossesCumulativeEffectAdjustmentUponAdoptionOfNewAccountingStandard_c20230101__20230101__us-gaap--AdjustmentsForNewAccountingPronouncementsAxis__us-gaap--AccountingStandardsUpdate201613Member_zUE22zuri7nf" style="border-bottom: Black 2.5pt double; text-align: right" title="Allowances for credit losses increase (decrease)">671,506</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> Accounting Standards Issued But Not Yet Adopted ASU No. 2018-12: “Financial Services – Insurance (Topic 944): Targeted Improvements to the Accounting for Long-Duration Contracts” — Issued in August 2018, ASU 2018-12 is intended to improve the timeliness of recognizing changes in the liability for future policy benefits on traditional long-duration contracts by requiring that assumptions be updated after contract inception and by modifying the rate used to discount future cash flows. The ASU will improve the accounting for certain market-based options or guarantees associated with deposit or account balance contracts, simplify amortization of deferred acquisition costs while improving and expanding required disclosures. In November 2020, the FASB issued an update to ASU No. 2018-12 that made the ASU effective for the Company on January 1, 2025. The Company has made progress in the implementation of the new standard, including the involvement of actuaries, accountants, and systems specialists. However, the Company has not yet estimated the impact the new guidance will have on the consolidated financial statements. The Company has reviewed other recent accounting pronouncements and has determined that they will not significantly impact the Company’s results of operations or financial position. SECURITY NATIONAL FINANCIAL CORPORATION AND SUBSIDIARIES Notes to Condensed Consolidated Financial Statements March 31, 2023 (Unaudited)

671506

<p id="xdx_898_eus-gaap--ScheduleOfNewAccountingPronouncementsAndChangesInAccountingPrinciplesTextBlock_zFICAuXibBXh" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"> Schedule of Increased (Decrease) in Allowances for Credit Losses Upon ASU <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 90%"> <tr style="vertical-align: bottom"> <td> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Amount</td><td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Mortgage loans held for investment:</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-left: 10pt; width: 80%">Residential</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_98F_ecustom--AllowanceForCreditLossesCumulativeEffectAdjustmentUponAdoptionOfNewAccountingStandard_c20230101__20230101__us-gaap--AdjustmentsForNewAccountingPronouncementsAxis__us-gaap--AccountingStandardsUpdate201613Member__us-gaap--InvestmentTypeAxis__custom--MortgageLoansHeldForInvestmentMember__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember_zouZRWW5GwR4" style="width: 16%; text-align: right" title="Allowances for credit losses increase (decrease)">(192,607</td><td style="width: 1%; text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 10pt; text-align: left">Residential construction</td><td> </td> <td style="text-align: left"> </td><td id="xdx_983_ecustom--AllowanceForCreditLossesCumulativeEffectAdjustmentUponAdoptionOfNewAccountingStandard_c20230101__20230101__us-gaap--AdjustmentsForNewAccountingPronouncementsAxis__us-gaap--AccountingStandardsUpdate201613Member__us-gaap--InvestmentTypeAxis__custom--MortgageLoansHeldForInvestmentMember__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember_zIkGQRtFZmy2" style="text-align: right" title="Allowances for credit losses increase (decrease)">301,830</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-left: 10pt; padding-bottom: 1pt">Commercial</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_982_ecustom--AllowanceForCreditLossesCumulativeEffectAdjustmentUponAdoptionOfNewAccountingStandard_c20230101__20230101__us-gaap--AdjustmentsForNewAccountingPronouncementsAxis__us-gaap--AccountingStandardsUpdate201613Member__us-gaap--InvestmentTypeAxis__custom--MortgageLoansHeldForInvestmentMember__us-gaap--FinancialInstrumentAxis__custom--CommercialMember_zJ9085D65tpl" style="border-bottom: Black 1pt solid; text-align: right" title="Allowances for credit losses increase (decrease)">555,807</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-bottom: 1pt">Total</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_980_ecustom--AllowanceForCreditLossesCumulativeEffectAdjustmentUponAdoptionOfNewAccountingStandard_c20230101__20230101__us-gaap--AdjustmentsForNewAccountingPronouncementsAxis__us-gaap--AccountingStandardsUpdate201613Member__us-gaap--InvestmentTypeAxis__custom--MortgageLoansHeldForInvestmentMember_zzKydjXbpGN1" style="border-bottom: Black 1pt solid; text-align: right" title="Allowances for credit losses increase (decrease)">665,030</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Restriced assets - mortgage loans held for investment:</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-left: 10pt; text-align: left; padding-bottom: 1pt">Residential construction</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98D_ecustom--AllowanceForCreditLossesCumulativeEffectAdjustmentUponAdoptionOfNewAccountingStandard_c20230101__20230101__us-gaap--AdjustmentsForNewAccountingPronouncementsAxis__us-gaap--AccountingStandardsUpdate201613Member__us-gaap--InvestmentTypeAxis__custom--RestrictedAssetsMortgageLoansHeldForInvestmentMember__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember_z3xg0Rf79Dhh" style="border-bottom: Black 1pt solid; text-align: right" title="Allowances for credit losses increase (decrease)">3,463</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Cemetery perpetual care trust investments - mortgage loans held for investment:</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 10pt; text-align: left; padding-bottom: 1pt">Residential construction</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_986_ecustom--AllowanceForCreditLossesCumulativeEffectAdjustmentUponAdoptionOfNewAccountingStandard_c20230101__20230101__us-gaap--AdjustmentsForNewAccountingPronouncementsAxis__us-gaap--AccountingStandardsUpdate201613Member__us-gaap--InvestmentTypeAxis__custom--CemeteryPerpetualCareTrustInvestmentsMortgageLoansHeldForInvestmentMember__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember_zW9i5SLVe6G6" style="border-bottom: Black 1pt solid; text-align: right" title="Allowances for credit losses increase (decrease)">3,013</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 2.5pt">Grand Total</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td><td id="xdx_989_ecustom--AllowanceForCreditLossesCumulativeEffectAdjustmentUponAdoptionOfNewAccountingStandard_c20230101__20230101__us-gaap--AdjustmentsForNewAccountingPronouncementsAxis__us-gaap--AccountingStandardsUpdate201613Member_zUE22zuri7nf" style="border-bottom: Black 2.5pt double; text-align: right" title="Allowances for credit losses increase (decrease)">671,506</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table>

-192607 301830 555807 665030 3463 3013 671506

<p id="xdx_805_eus-gaap--InvestmentsInDebtAndMarketableEquitySecuritiesAndCertainTradingAssetsDisclosureTextBlock_z4laNrf3jbpi" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify">3) Investments The Company’s investments as of March 31, 2023 are summarized as follows: Schedule of Investments <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: bottom"> <td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Amortized Cost</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Gross Unrealized Gains</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Gross Unrealized Losses (1)</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Allowance for Credit Losses</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Estimated Fair Value</td><td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-decoration: underline; text-align: justify">March 31, 2023:</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Fixed maturity securities, available for sale, at estimated fair value:</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 10pt; width: 35%; text-align: left">U.S. Treasury securities and obligations of U.S. Government agencies</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_98D_eus-gaap--AvailableForSaleDebtSecuritiesAmortizedCostBasis_iI_c20230331__us-gaap--FinancialInstrumentAxis__us-gaap--USTreasurySecuritiesMember_ziIvoBPMHesa" style="width: 9%; text-align: right" title="Available for sale securities, amortized cost">95,362,166</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_98E_eus-gaap--AvailableForSaleDebtSecuritiesGrossUnrealizedGain_c20230101__20230331__us-gaap--FinancialInstrumentAxis__us-gaap--USTreasurySecuritiesMember_zUXad0JTEgJi" style="width: 9%; text-align: right" title="Available for sale securities, unrecognized holding gain">305,924</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_985_eus-gaap--AvailableForSaleDebtSecuritiesGrossUnrealizedLoss_iN_di_c20230101__20230331__us-gaap--FinancialInstrumentAxis__us-gaap--USTreasurySecuritiesMember_z7kA45qjBlbh" style="width: 9%; text-align: right" title="Available for sale securities, unrecognized holding loss">(2,047,395</td><td style="width: 1%; text-align: left">)</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_98F_eus-gaap--DebtSecuritiesAvailableForSaleAllowanceForCreditLoss_iNI_di_c20230331__us-gaap--FinancialInstrumentAxis__us-gaap--USTreasurySecuritiesMember_zOSh7u3kdgz1" style="width: 9%; text-align: right" title="Available for sale securities, allowance for credit losses">-</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_98F_eus-gaap--AvailableForSaleSecuritiesDebtSecuritiesCurrent_iI_c20230331__us-gaap--FinancialInstrumentAxis__us-gaap--USTreasurySecuritiesMember_zNYodzSXjFU1" style="width: 9%; text-align: right" title="Available for sale securities, estimated fair value">93,620,695</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 10pt; text-align: left">Obligations of states and political subdivisions</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98F_eus-gaap--AvailableForSaleDebtSecuritiesAmortizedCostBasis_iI_c20230331__us-gaap--FinancialInstrumentAxis__us-gaap--USStatesAndPoliticalSubdivisionsMember_zmUZ2uljoQPf" style="text-align: right" title="Available for sale securities, amortized cost">6,766,771</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_985_eus-gaap--AvailableForSaleDebtSecuritiesGrossUnrealizedGain_c20230101__20230331__us-gaap--FinancialInstrumentAxis__us-gaap--USStatesAndPoliticalSubdivisionsMember_zvG6EGH0XV9i" style="text-align: right" title="Available for sale securities, unrecognized holding gain">14,954</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_980_eus-gaap--AvailableForSaleDebtSecuritiesGrossUnrealizedLoss_iN_di_c20230101__20230331__us-gaap--FinancialInstrumentAxis__us-gaap--USStatesAndPoliticalSubdivisionsMember_zikTRv6TA5G" style="text-align: right" title="Available for sale securities, unrecognized holding loss">(337,946</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td id="xdx_986_eus-gaap--DebtSecuritiesAvailableForSaleAllowanceForCreditLoss_iNI_di_c20230331__us-gaap--FinancialInstrumentAxis__us-gaap--USStatesAndPoliticalSubdivisionsMember_zPDBCz4IBIJi" style="text-align: right" title="Available for sale securities, allowance for credit losses">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98F_eus-gaap--AvailableForSaleSecuritiesDebtSecuritiesCurrent_iI_c20230331__us-gaap--FinancialInstrumentAxis__us-gaap--USStatesAndPoliticalSubdivisionsMember_zsg0AfBT2uHe" style="text-align: right" title="Available for sale securities, estimated fair value">6,443,779</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 10pt; text-align: left">Corporate securities including public utilities</td><td> </td> <td style="text-align: left"> </td><td id="xdx_983_eus-gaap--AvailableForSaleDebtSecuritiesAmortizedCostBasis_iI_c20230331__us-gaap--FinancialInstrumentAxis__us-gaap--CorporateDebtSecuritiesMember_zK92MCbzcY36" style="text-align: right" title="Available for sale securities, amortized cost">233,143,391</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_987_eus-gaap--AvailableForSaleDebtSecuritiesGrossUnrealizedGain_c20230101__20230331__us-gaap--FinancialInstrumentAxis__us-gaap--CorporateDebtSecuritiesMember_z7Vfe3YT5wxg" style="text-align: right" title="Available for sale securities, unrecognized holding gain">3,467,771</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_985_eus-gaap--AvailableForSaleDebtSecuritiesGrossUnrealizedLoss_iN_di_c20230101__20230331__us-gaap--FinancialInstrumentAxis__us-gaap--CorporateDebtSecuritiesMember_z7DnQ4pvWbW5" style="text-align: right" title="Available for sale securities, unrecognized holding loss">(9,039,301</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td id="xdx_987_eus-gaap--DebtSecuritiesAvailableForSaleAllowanceForCreditLoss_iNI_di_c20230331__us-gaap--FinancialInstrumentAxis__us-gaap--CorporateDebtSecuritiesMember_zUVc1esUPxJi" style="text-align: right" title="Available for sale securities, allowance for credit losses">(179,500</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td id="xdx_985_eus-gaap--AvailableForSaleSecuritiesDebtSecuritiesCurrent_iI_c20230331__us-gaap--FinancialInstrumentAxis__us-gaap--CorporateDebtSecuritiesMember_z6HXSUIyhAHe" style="text-align: right" title="Available for sale securities, estimated fair value">227,392,361</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 10pt; text-align: left">Mortgage-backed securities</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98D_eus-gaap--AvailableForSaleDebtSecuritiesAmortizedCostBasis_iI_c20230331__us-gaap--FinancialInstrumentAxis__us-gaap--MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMember_zq7aFi2i70T2" style="text-align: right" title="Available for sale securities, amortized cost">33,859,690</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_985_eus-gaap--AvailableForSaleDebtSecuritiesGrossUnrealizedGain_c20230101__20230331__us-gaap--FinancialInstrumentAxis__us-gaap--MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMember_zQ9jzbB2XrAk" style="text-align: right" title="Available for sale securities, unrecognized holding gain">203,490</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_980_eus-gaap--AvailableForSaleDebtSecuritiesGrossUnrealizedLoss_iN_di_c20230101__20230331__us-gaap--FinancialInstrumentAxis__us-gaap--MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMember_zxH31ymUuXv2" style="text-align: right" title="Available for sale securities, unrecognized holding loss">(4,209,488</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98D_eus-gaap--DebtSecuritiesAvailableForSaleAllowanceForCreditLoss_iNI_di_c20230331__us-gaap--FinancialInstrumentAxis__us-gaap--MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMember_zGC3tsR3mkv1" style="text-align: right" title="Available for sale securities, allowance for credit losses">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_988_eus-gaap--AvailableForSaleSecuritiesDebtSecuritiesCurrent_iI_c20230331__us-gaap--FinancialInstrumentAxis__us-gaap--MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMember_zU3Rl8V11cLd" style="text-align: right" title="Available for sale securities, estimated fair value">29,853,692</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-bottom: 1pt; padding-left: 10pt; text-align: left">Redeemable preferred stock</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98C_eus-gaap--AvailableForSaleDebtSecuritiesAmortizedCostBasis_iI_c20230331__us-gaap--FinancialInstrumentAxis__us-gaap--RedeemablePreferredStockMember_zwzwJXls0zS5" style="border-bottom: Black 1pt solid; text-align: right" title="Available for sale securities, amortized cost">250,000</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_986_eus-gaap--AvailableForSaleDebtSecuritiesGrossUnrealizedGain_c20230101__20230331__us-gaap--FinancialInstrumentAxis__us-gaap--RedeemablePreferredStockMember_zEUiiji8Mtvh" style="border-bottom: Black 1pt solid; text-align: right" title="Available for sale securities, unrecognized holding gain">10,000</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_988_eus-gaap--AvailableForSaleDebtSecuritiesGrossUnrealizedLoss_iN_di_c20230101__20230331__us-gaap--FinancialInstrumentAxis__us-gaap--RedeemablePreferredStockMember_zaSVjMJ6kGWg" style="border-bottom: Black 1pt solid; text-align: right" title="Available for sale securities, unrecognized holding loss">-</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98C_eus-gaap--DebtSecuritiesAvailableForSaleAllowanceForCreditLoss_iNI_di_c20230331__us-gaap--FinancialInstrumentAxis__us-gaap--RedeemablePreferredStockMember_zPnVB4RVVMx2" style="border-bottom: Black 1pt solid; text-align: right" title="Available for sale securities, allowance for credit losses">-</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_983_eus-gaap--AvailableForSaleSecuritiesDebtSecuritiesCurrent_iI_c20230331__us-gaap--FinancialInstrumentAxis__us-gaap--RedeemablePreferredStockMember_ztv94yaw07Ge" style="border-bottom: Black 1pt solid; text-align: right" title="Available for sale securities, estimated fair value">260,000</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 20pt; text-align: left; padding-bottom: 2.5pt">Total fixed maturity securities available for sale</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98C_eus-gaap--AvailableForSaleDebtSecuritiesAmortizedCostBasis_iI_c20230331_zYaEYHXSf7F3" style="border-bottom: Black 2.5pt double; text-align: right" title="Available for sale securities, amortized cost">369,382,018</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98D_eus-gaap--AvailableForSaleDebtSecuritiesGrossUnrealizedGain_c20230101__20230331_zGbdmZuG9Asg" style="border-bottom: Black 2.5pt double; text-align: right" title="Available for sale securities, unrecognized holding gain">4,002,139</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98C_eus-gaap--AvailableForSaleDebtSecuritiesGrossUnrealizedLoss_iN_di_c20230101__20230331_zJpyJmCRBqX5" style="border-bottom: Black 2.5pt double; text-align: right" title="Available for sale securities, unrecognized holding loss">(15,634,130</td><td style="padding-bottom: 2.5pt; text-align: left">)</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_989_eus-gaap--DebtSecuritiesAvailableForSaleAllowanceForCreditLoss_iNI_di_c20230331_zn01XYgVCMj1" style="border-bottom: Black 2.5pt double; text-align: right" title="Available for sale securities, allowance for credit losses">(179,500</td><td style="padding-bottom: 2.5pt; text-align: left">)</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_983_eus-gaap--AvailableForSaleSecuritiesDebtSecuritiesCurrent_iI_c20230331_zwcjLrNUIeJc" style="border-bottom: Black 2.5pt double; text-align: right" title="Available for sale securities, estimated fair value">357,570,527</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Equity securities at estimated fair value:</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Common stock:</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 1pt">Industrial, miscellaneous and all other</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left">$</td><td id="xdx_984_eus-gaap--EquitySecuritiesFvNiCost_iI_c20230331__us-gaap--FinancialInstrumentAxis__custom--IndustrialMiscellaneousAndAllOtherMember_z6V7EIh6bA1" style="border-bottom: Black 1pt solid; text-align: right" title="Available-for-sale securities, amortized cost basis">10,356,783</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left">$</td><td id="xdx_989_eus-gaap--EquitySecuritiesFvNiUnrealizedGain_c20230101__20230331__us-gaap--FinancialInstrumentAxis__custom--IndustrialMiscellaneousAndAllOtherMember_zP3dl9buDghg" style="border-bottom: Black 1pt solid; text-align: right" title="Available-for-sale securities, gross unrealized gain">2,741,720</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left">$</td><td id="xdx_98F_eus-gaap--EquitySecuritiesFvNiUnrealizedLoss_iN_di_c20230101__20230331__us-gaap--FinancialInstrumentAxis__custom--IndustrialMiscellaneousAndAllOtherMember_zIHcexRPEIH3" style="border-bottom: Black 1pt solid; text-align: right" title="Available for sale securities - gross unrealized losses">(744,496</td><td style="padding-bottom: 1pt; text-align: left">)</td><td style="padding-bottom: 1pt"> </td> <td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt; text-align: right"> </td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left">$</td><td id="xdx_98A_eus-gaap--EquitySecuritiesFvNi_iI_c20230331__us-gaap--FinancialInstrumentAxis__custom--IndustrialMiscellaneousAndAllOtherMember_zl9ZubFxSrp" style="border-bottom: Black 1pt solid; text-align: right" title="Available-for-sale securities, gross unrealized gain">12,354,007</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 10pt; text-align: left; padding-bottom: 2.5pt">Total equity securities at estimated fair value</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_989_eus-gaap--EquitySecuritiesFvNiCost_iI_c20230331__us-gaap--FinancialInstrumentAxis__custom--EquitySecuritiesOneMember_z6hbVhltjnEe" style="border-bottom: Black 2.5pt double; text-align: right" title="Available-for-sale securities, amortized cost basis">10,356,783</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_983_eus-gaap--EquitySecuritiesFvNiUnrealizedGain_c20230101__20230331__us-gaap--FinancialInstrumentAxis__custom--EquitySecuritiesOneMember_zZdPh7VzZcrh" style="border-bottom: Black 2.5pt double; text-align: right" title="Available-for-sale securities, gross unrealized gain">2,741,720</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98A_eus-gaap--EquitySecuritiesFvNiUnrealizedLoss_iN_di_c20230101__20230331__us-gaap--FinancialInstrumentAxis__custom--EquitySecuritiesOneMember_zVkr0lS7dVRf" style="border-bottom: Black 2.5pt double; text-align: right" title="Available for sale securities - gross unrealized losses">(744,496</td><td style="padding-bottom: 2.5pt; text-align: left">)</td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt; text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_987_eus-gaap--EquitySecuritiesFvNi_iI_c20230331__us-gaap--FinancialInstrumentAxis__custom--EquitySecuritiesOneMember_ztlrPFQETfW1" style="border-bottom: Black 2.5pt double; text-align: right" title="Available-for-sale securities, gross unrealized gain">12,354,007</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Mortgage loans held for investment at amortized cost:</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-left: 10pt">Residential</td><td> </td> <td style="text-align: left">$</td><td id="xdx_982_eus-gaap--NotesReceivableGross_iI_c20230331__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember_ztae2q8RhRj8" style="text-align: right" title="Mortgage loans on real estate and construction">94,471,213</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 10pt; text-align: left">Residential construction</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98A_eus-gaap--NotesReceivableGross_iI_c20230331__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember_zg0z3lf4Pl67" style="text-align: right" title="Mortgage loans on real estate and construction">146,093,947</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-left: 10pt">Commercial</td><td> </td> <td style="text-align: left"> </td><td id="xdx_985_eus-gaap--NotesReceivableGross_iI_c20230331__us-gaap--FinancialInstrumentAxis__custom--CommercialMember_z9OswQ9oOBz6" style="text-align: right" title="Mortgage loans on real estate and construction">50,807,452</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 10pt; text-align: left">Less: Unamortized deferred loan fees, net</td><td> </td> <td style="text-align: left"> </td><td id="xdx_982_ecustom--MortgageLoansOnRealEstateAndConstructionUnamortizedDeferredLoanFeesNet_iI_c20230331_zrRHVug9BJs1" style="text-align: right" title="Mortgage loans on real estate and construction, unamortized deferred loan fees, net">(1,752,369</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-left: 10pt; text-align: left">Less: Allowance for credit losses</td><td> </td> <td style="text-align: left"> </td><td id="xdx_984_eus-gaap--FinancingReceivableAllowanceForCreditLosses_iNI_di_c20230331_zHxhQhBcE0ge" style="text-align: right" title="Mortgage loans on real estate and construction, allowance for losses">(2,735,419</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 10pt; text-align: left; padding-bottom: 1pt">Less: Net discounts</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98F_ecustom--MortgageLoansOnRealEstateAndConstructionDiscount_iI_c20230331_zPf4BxF6b7U9" style="border-bottom: Black 1pt solid; text-align: right" title="Mortgage loans on real estate and construction, discount">(338,185</td><td style="padding-bottom: 1pt; text-align: left">)</td><td style="padding-bottom: 1pt"> </td> <td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt; text-align: right"> </td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt; text-align: right"> </td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt; text-align: right"> </td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt; text-align: right"> </td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 2.5pt">Total mortgage loans held for investment</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_987_eus-gaap--MortgageLoansOnRealEstateCommercialAndConsumerNet_iI_c20230331_zWA8EKOSlYS3" style="border-bottom: Black 2.5pt double; text-align: right" title="Mortgage loans on real estate and construction">286,546,639</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt; text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt; text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt; text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt; text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Real estate held for investment - net of accumulated depreciation:</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-left: 20pt">Residential</td><td> </td> <td style="text-align: left">$</td><td id="xdx_98B_eus-gaap--RealEstateInvestmentPropertyNet_iI_c20230331__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember_zMC99Faqnap1" style="text-align: right" title="Real estate held for investment, net of depreciation">35,358,867</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 20pt; padding-bottom: 1pt">Commercial</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_986_eus-gaap--RealEstateInvestmentPropertyNet_iI_c20230331__us-gaap--FinancialInstrumentAxis__custom--CommercialMember_zlmB1qW2Ghxk" style="border-bottom: Black 1pt solid; text-align: right" title="Real estate held for investment, net of depreciation">151,718,145</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt; text-align: right"> </td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt; text-align: right"> </td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt; text-align: right"> </td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt; text-align: right"> </td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: justify; padding-bottom: 2.5pt">Total real estate held for investment</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_980_eus-gaap--RealEstateInvestmentPropertyNet_iI_c20230331_zqSYNBi7L6Gf" style="border-bottom: Black 2.5pt double; text-align: right" title="Real estate held for investment, net of depreciation">187,077,012</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt; text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt; text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt; text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt; text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: justify">Real estate held for sale:</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-left: 20pt">Residential</td><td> </td> <td style="text-align: left">$</td><td id="xdx_980_eus-gaap--RealEstateHeldforsale_iI_c20230331__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember_zGOqN00Cw3xa" style="text-align: right" title="Real estate held for sale">7,238,709</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 20pt; padding-bottom: 1pt">Commercial</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98F_eus-gaap--RealEstateHeldforsale_iI_c20230331__us-gaap--FinancialInstrumentAxis__custom--CommercialMember_zafhl12UAcGb" style="border-bottom: Black 1pt solid; text-align: right" title="Real estate held for sale">151,553</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt; text-align: right"> </td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt; text-align: right"> </td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt; text-align: right"> </td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt; text-align: right"> </td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: justify; padding-bottom: 2.5pt">Total real estate held for sale</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98A_eus-gaap--RealEstateHeldforsale_iI_c20230331_zxAPHujcXCU8" style="border-bottom: Black 2.5pt double; text-align: right" title="Real estate held for sale">7,390,262</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt; text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt; text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt; text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt; text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Other investments and policy loans at amortized cost:</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-left: 20pt; text-align: left">Policy loans</td><td> </td> <td style="text-align: left">$</td><td id="xdx_98F_ecustom--PolicyLoansAmortizedCost_iI_c20230331_zn00R0XFw2kf" style="text-align: right" title="Policy loans">13,012,347</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 20pt; text-align: left">Insurance assignments</td><td> </td> <td style="text-align: left"> </td><td id="xdx_984_ecustom--InsuranceAssignmentsAmortizedCost_iI_c20230331_z3XORZd9fpu6" style="text-align: right" title="Insurance assignments">45,573,831</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-left: 20pt; text-align: left">Federal Home Loan Bank stock (2)</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98F_eus-gaap--FederalHomeLoanBankStock_iI_c20230331_fKDIp_zNV0fwOc0El1" style="text-align: right" title="Federal home loan bank stock">3,896,800</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 20pt; text-align: left">Other investments</td><td> </td> <td style="text-align: left"> </td><td id="xdx_987_ecustom--OtherInvestmentsAmortizedCost_iI_c20230331_zqs2PJkUCYj9" style="text-align: right" title="Other investments">9,421,702</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-left: 20pt; text-align: left; padding-bottom: 1pt">Less: Allowance for credit losses for insurance assignments</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98C_ecustom--AllowanceForDoubtfulAccounts_iNI_di_c20230331_zBxTxAVpVUG6" style="border-bottom: Black 1pt solid; text-align: right" title="Allowance for doubtful accounts">(1,685,901</td><td style="padding-bottom: 1pt; text-align: left">)</td><td style="padding-bottom: 1pt"> </td> <td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt; text-align: right"> </td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt; text-align: right"> </td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt; text-align: right"> </td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt; text-align: right"> </td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 2.5pt">Total other investments and policy loans</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_988_ecustom--PolicyAndOtherLoansReceivableNet1_iI_c20230331_zaQ3n9UQ2o7d" style="border-bottom: Black 2.5pt double; text-align: right" title="Total policy loans and other investments">70,218,779</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt; text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt; text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt; text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt; text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: justify; padding-bottom: 2.5pt">Accrued investment income</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98E_eus-gaap--AccruedInvestmentIncomeReceivable_iI_c20230331_zLdgdVgy0Yni" style="border-bottom: Black 2.5pt double; text-align: right" title="Accrued investment income">9,427,239</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt; text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt; text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt; text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt; text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: justify; padding-bottom: 2.5pt">Total investments</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_980_eus-gaap--Investments_iI_c20230331_zSYcVZVoSgg3" style="border-bottom: Black 2.5pt double; text-align: right" title="Total investments">930,584,465</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt; text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt; text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt; text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt; text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> <div style="margin-top: 0pt; margin-bottom: 0pt; width: 25%"><div style="border-top: Black 1pt solid; font-size: 1pt"> </div></div> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="width: 0.25in">(1)</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">Gross unrealized losses are net of allowance for credit losses</td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td>(2)</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">Includes $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNjaGVkdWxlIG9mIEZhaXIgVmFsdWUgb2YgRml4ZWQgTWF0dXJpdHkgU2VjdXJpdGllcyAoRGV0YWlscykgKFBhcmVudGhldGhpY2FsKQA_" id="xdx_903_eus-gaap--FederalHomeLoanBankStock_iI_c20230331__srt--ProductOrServiceAxis__us-gaap--MembershipMember_zrE6xGyPVPo6" title="Short term investment">978,100 of Membership stock and $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNjaGVkdWxlIG9mIEZhaXIgVmFsdWUgb2YgRml4ZWQgTWF0dXJpdHkgU2VjdXJpdGllcyAoRGV0YWlscykgKFBhcmVudGhldGhpY2FsKQA_" id="xdx_901_eus-gaap--FederalHomeLoanBankStock_iI_c20230331__srt--ProductOrServiceAxis__custom--ActivityStockDueMember_zmJNK9efvcVe" title="Short term investment">2,918,700 of Activity stock due to short-term borrowings and letters of credit.</td></tr> </table> SECURITY NATIONAL FINANCIAL CORPORATION AND SUBSIDIARIES Notes to Condensed Consolidated Financial Statements March 31, 2023 (Unaudited) 3) Investments (Continued) The Company’s investments as of December 31, 2022 are summarized as follows: <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: bottom"> <td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Amortized Cost</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Gross Unrealized Gains</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Gross Unrealized Losses</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Estimated Fair Value</td><td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-decoration: underline; text-align: justify">December 31, 2022:</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Fixed maturity securities, available for sale, at estimated fair value:</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 10pt; width: 40%; text-align: left">U.S. Treasury securities and obligations of U.S. Government agencies</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_984_eus-gaap--AvailableForSaleDebtSecuritiesAmortizedCostBasis_iI_c20221231__us-gaap--FinancialInstrumentAxis__us-gaap--USTreasurySecuritiesMember_zdqDcghXjjo1" style="width: 11%; text-align: right" title="Available for sale securities, amortized cost">93,182,210</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_98A_eus-gaap--AvailableForSaleDebtSecuritiesGrossUnrealizedGain_c20220101__20221231__us-gaap--FinancialInstrumentAxis__us-gaap--USTreasurySecuritiesMember_z0NFczvOdmIe" style="width: 11%; text-align: right" title="Available for sale securities, unrecognized holding gain">180,643</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_981_eus-gaap--AvailableForSaleDebtSecuritiesGrossUnrealizedLoss_iN_di_c20220101__20221231__us-gaap--FinancialInstrumentAxis__us-gaap--USTreasurySecuritiesMember_zbGGOWIBjDWe" style="width: 11%; text-align: right" title="Available for sale securities, unrecognized holding loss">(2,685,277</td><td style="width: 1%; text-align: left">)</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_980_eus-gaap--AvailableForSaleSecuritiesDebtSecuritiesCurrent_iI_c20221231__us-gaap--FinancialInstrumentAxis__us-gaap--USTreasurySecuritiesMember_zEAp5eTR9aW9" style="width: 11%; text-align: right" title="Available for sale securities, estimated fair value">90,677,576</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 10pt; text-align: left">Obligations of states and political subdivisions</td><td> </td> <td style="text-align: left"> </td><td id="xdx_982_eus-gaap--AvailableForSaleDebtSecuritiesAmortizedCostBasis_iI_c20221231__us-gaap--FinancialInstrumentAxis__us-gaap--USStatesAndPoliticalSubdivisionsMember_zcv0YTcId8ld" style="text-align: right" title="Available for sale securities, amortized cost">6,675,071</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98C_eus-gaap--AvailableForSaleDebtSecuritiesGrossUnrealizedGain_c20220101__20221231__us-gaap--FinancialInstrumentAxis__us-gaap--USStatesAndPoliticalSubdivisionsMember_zwNyoZ0zEz62" style="text-align: right" title="Available for sale securities, unrecognized holding gain">13,869</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_985_eus-gaap--AvailableForSaleDebtSecuritiesGrossUnrealizedLoss_iN_di_c20220101__20221231__us-gaap--FinancialInstrumentAxis__us-gaap--USStatesAndPoliticalSubdivisionsMember_zuTe0f6ptNH1" style="text-align: right" title="Available for sale securities, unrecognized holding loss">(458,137</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98C_eus-gaap--AvailableForSaleSecuritiesDebtSecuritiesCurrent_iI_c20221231__us-gaap--FinancialInstrumentAxis__us-gaap--USStatesAndPoliticalSubdivisionsMember_zSb697W6hufg" style="text-align: right" title="Available for sale securities, estimated fair value">6,230,803</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 10pt; text-align: left">Corporate securities including public utilities</td><td> </td> <td style="text-align: left"> </td><td id="xdx_988_eus-gaap--AvailableForSaleDebtSecuritiesAmortizedCostBasis_iI_c20221231__us-gaap--FinancialInstrumentAxis__us-gaap--CorporateDebtSecuritiesMember_zS3cHwGz6iKb" style="text-align: right" title="Available for sale securities, amortized cost">229,141,544</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_989_eus-gaap--AvailableForSaleDebtSecuritiesGrossUnrealizedGain_c20220101__20221231__us-gaap--FinancialInstrumentAxis__us-gaap--CorporateDebtSecuritiesMember_zvKJVFZiDqW3" style="text-align: right" title="Available for sale securities, unrecognized holding gain">1,909,630</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_982_eus-gaap--AvailableForSaleDebtSecuritiesGrossUnrealizedLoss_iN_di_c20220101__20221231__us-gaap--FinancialInstrumentAxis__us-gaap--CorporateDebtSecuritiesMember_zl5sSwjgYiU7" style="text-align: right" title="Available for sale securities, unrecognized holding loss">(11,930,773</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td id="xdx_988_eus-gaap--AvailableForSaleSecuritiesDebtSecuritiesCurrent_iI_c20221231__us-gaap--FinancialInstrumentAxis__us-gaap--CorporateDebtSecuritiesMember_z8ralT1Bntbj" style="text-align: right" title="Available for sale securities, estimated fair value">219,120,401</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 10pt; text-align: left">Mortgage-backed securities</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98F_eus-gaap--AvailableForSaleDebtSecuritiesAmortizedCostBasis_iI_c20221231__us-gaap--FinancialInstrumentAxis__us-gaap--MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMember_zAIWkcLqXqJj" style="text-align: right" title="Available for sale securities, amortized cost">33,501,686</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_986_eus-gaap--AvailableForSaleDebtSecuritiesGrossUnrealizedGain_c20220101__20221231__us-gaap--FinancialInstrumentAxis__us-gaap--MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMember_zFkMrHZfum8b" style="text-align: right" title="Available for sale securities, unrecognized holding gain">168,700</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98E_eus-gaap--AvailableForSaleDebtSecuritiesGrossUnrealizedLoss_iN_di_c20220101__20221231__us-gaap--FinancialInstrumentAxis__us-gaap--MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMember_zntnGq15brN1" style="text-align: right" title="Available for sale securities, unrecognized holding loss">(4,100,674</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td id="xdx_980_eus-gaap--AvailableForSaleSecuritiesDebtSecuritiesCurrent_iI_c20221231__us-gaap--FinancialInstrumentAxis__us-gaap--MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMember_zqZ6Oitr48a6" style="text-align: right" title="Available for sale securities, estimated fair value">29,569,712</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 10pt; text-align: left">Redeemable preferred stock</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98D_eus-gaap--AvailableForSaleDebtSecuritiesAmortizedCostBasis_iI_c20221231__us-gaap--FinancialInstrumentAxis__us-gaap--RedeemablePreferredStockMember_zvsOKy3Bcnm2" style="text-align: right" title="Available for sale securities, amortized cost">250,000</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98D_eus-gaap--AvailableForSaleDebtSecuritiesGrossUnrealizedGain_c20220101__20221231__us-gaap--FinancialInstrumentAxis__us-gaap--RedeemablePreferredStockMember_znXKQ7Azsdmc" style="text-align: right" title="Available for sale securities, unrecognized holding gain">10,000</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_984_eus-gaap--AvailableForSaleDebtSecuritiesGrossUnrealizedLoss_iN_di_c20220101__20221231__us-gaap--FinancialInstrumentAxis__us-gaap--RedeemablePreferredStockMember_zBwurNp7dqKl" style="text-align: right" title="Available for sale securities, unrecognized holding loss">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_980_eus-gaap--AvailableForSaleSecuritiesDebtSecuritiesCurrent_iI_c20221231__us-gaap--FinancialInstrumentAxis__us-gaap--RedeemablePreferredStockMember_zso1NGHulgP4" style="text-align: right" title="Available for sale securities, estimated fair value">260,000</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right"> </td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right"> </td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right"> </td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right"> </td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 20pt; text-align: left; padding-bottom: 2.5pt">Total fixed maturity securities available for sale</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_982_eus-gaap--AvailableForSaleDebtSecuritiesAmortizedCostBasis_iI_c20221231_ztrKOSuehDBd" style="border-bottom: Black 2.5pt double; text-align: right" title="Available for sale securities, amortized cost">362,750,511</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_984_eus-gaap--AvailableForSaleDebtSecuritiesGrossUnrealizedGain_c20220101__20221231_zxo055XoIVIh" style="border-bottom: Black 2.5pt double; text-align: right" title="Available for sale securities, unrecognized holding gain">2,282,842</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98B_eus-gaap--AvailableForSaleDebtSecuritiesGrossUnrealizedLoss_iN_di_c20220101__20221231_zSrBQycVLPn1" style="border-bottom: Black 2.5pt double; text-align: right" title="Available for sale securities, unrecognized holding loss">(19,174,861</td><td style="padding-bottom: 2.5pt; text-align: left">)</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_989_eus-gaap--AvailableForSaleSecuritiesDebtSecuritiesCurrent_iI_c20221231_zhCSMUoHbOx3" style="border-bottom: Black 2.5pt double; text-align: right" title="Available for sale securities, estimated fair value">345,858,492</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Equity securities at estimated fair value:</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Common stock:</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 1pt">Industrial, miscellaneous and all other</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left">$</td><td id="xdx_98B_eus-gaap--EquitySecuritiesFvNiCost_iI_c20221231__us-gaap--FinancialInstrumentAxis__custom--IndustrialMiscellaneousAndAllOtherMember_z0bUiDobONU4" style="border-bottom: Black 1pt solid; text-align: right" title="Available-for-sale securities, amortized cost basis">9,942,265</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left">$</td><td id="xdx_98C_eus-gaap--EquitySecuritiesFvNiUnrealizedGain_c20220101__20221231__us-gaap--FinancialInstrumentAxis__custom--IndustrialMiscellaneousAndAllOtherMember_zTRg1bwcB4Ai" style="border-bottom: Black 1pt solid; text-align: right" title="Available-for-sale securities, gross unrealized gain">2,688,375</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left">$</td><td id="xdx_980_eus-gaap--EquitySecuritiesFvNiUnrealizedLoss_iN_di_c20220101__20221231__us-gaap--FinancialInstrumentAxis__custom--IndustrialMiscellaneousAndAllOtherMember_zmt3d5BL8aI7" style="border-bottom: Black 1pt solid; text-align: right" title="Available for sale securities - gross unrealized losses">(948,114</td><td style="padding-bottom: 1pt; text-align: left">)</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left">$</td><td id="xdx_98E_eus-gaap--EquitySecuritiesFvNi_iI_c20221231__us-gaap--FinancialInstrumentAxis__custom--IndustrialMiscellaneousAndAllOtherMember_zob10aFF4mXf" style="border-bottom: Black 1pt solid; text-align: right" title="Available-for-sale securities, gross unrealized gain">11,682,526</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 10pt; text-align: left; padding-bottom: 2.5pt">Total equity securities at estimated fair value</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98F_eus-gaap--EquitySecuritiesFvNiCost_iI_c20221231__us-gaap--FinancialInstrumentAxis__custom--EquitySecuritiesOneMember_zEMztzdKHKu" style="border-bottom: Black 2.5pt double; text-align: right" title="Available-for-sale securities, amortized cost basis">9,942,265</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_987_eus-gaap--EquitySecuritiesFvNiUnrealizedGain_c20220101__20221231__us-gaap--FinancialInstrumentAxis__custom--EquitySecuritiesOneMember_zN71TSJ5vHW2" style="border-bottom: Black 2.5pt double; text-align: right" title="Available-for-sale securities, gross unrealized gain">2,688,375</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_986_eus-gaap--EquitySecuritiesFvNiUnrealizedLoss_iN_di_c20220101__20221231__us-gaap--FinancialInstrumentAxis__custom--EquitySecuritiesOneMember_zFDrKUohk5Uc" style="border-bottom: Black 2.5pt double; text-align: right" title="Available for sale securities - gross unrealized losses">(948,114</td><td style="padding-bottom: 2.5pt; text-align: left">)</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_980_eus-gaap--EquitySecuritiesFvNi_iI_c20221231__us-gaap--FinancialInstrumentAxis__custom--EquitySecuritiesOneMember_zv6L16E7fPk3" style="border-bottom: Black 2.5pt double; text-align: right" title="Available-for-sale securities, gross unrealized gain">11,682,526</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Mortgage loans held for investment at amortized cost:</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-left: 10pt">Residential</td><td> </td> <td style="text-align: left">$</td><td id="xdx_98B_eus-gaap--NotesReceivableGross_iI_c20221231__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember_zwvJg4mcNR2f" style="text-align: right" title="Mortgage loans on real estate and construction">93,355,623</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 10pt; text-align: left">Residential construction</td><td> </td> <td style="text-align: left"> </td><td id="xdx_986_eus-gaap--NotesReceivableGross_iI_c20221231__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember_zuOKXcjYu1Af" style="text-align: right" title="Mortgage loans on real estate and construction">172,516,125</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-left: 10pt">Commercial</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98A_eus-gaap--NotesReceivableGross_iI_c20221231__us-gaap--FinancialInstrumentAxis__custom--CommercialMember_zn243raUk4W1" style="text-align: right" title="Mortgage loans on real estate and construction">46,311,955</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 10pt; text-align: left">Less: Unamortized deferred loan fees, net</td><td> </td> <td style="text-align: left"> </td><td id="xdx_980_ecustom--MortgageLoansOnRealEstateAndConstructionUnamortizedDeferredLoanFeesNet_iI_c20221231_ztmZCLx3gDqh" style="text-align: right" title="Mortgage loans on real estate and construction, unamortized deferred loan fees, net">(1,746,605</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-left: 10pt; text-align: left">Less: Allowance for credit losses</td><td> </td> <td style="text-align: left"> </td><td id="xdx_984_eus-gaap--FinancingReceivableAllowanceForCreditLosses_iNI_di_c20221231_zTus4SlECe8g" style="text-align: right" title="Mortgage loans on real estate and construction, allowance for losses">(1,970,311</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 10pt; text-align: left; padding-bottom: 1pt">Less: Net discounts</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_981_ecustom--MortgageLoansOnRealEstateAndConstructionDiscount_iI_c20221231_zuhJEkOmEjX9" style="border-bottom: Black 1pt solid; text-align: right" title="Mortgage loans on real estate and construction, discount">(342,860</td><td style="padding-bottom: 1pt; text-align: left">)</td><td style="padding-bottom: 1pt"> </td> <td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt; text-align: right"> </td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt; text-align: right"> </td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt; text-align: right"> </td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 2.5pt">Total mortgage loans held for investment</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_987_eus-gaap--MortgageLoansOnRealEstateCommercialAndConsumerNet_iI_c20221231_zV4SZLddRFYe" style="border-bottom: Black 2.5pt double; text-align: right" title="Mortgage loans on real estate and construction">308,123,927</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt; text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt; text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt; text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Real estate held for investment - net of accumulated depreciation:</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-left: 10pt">Residential</td><td> </td> <td style="text-align: left">$</td><td id="xdx_985_eus-gaap--RealEstateInvestmentPropertyNet_iI_c20221231__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember_zu54ne7XkKj3" style="text-align: right" title="Real estate held for investment, net of depreciation">38,437,960</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 10pt; padding-bottom: 1pt">Commercial</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_987_eus-gaap--RealEstateInvestmentPropertyNet_iI_c20221231__us-gaap--FinancialInstrumentAxis__custom--CommercialMember_zqd3VJYuif88" style="border-bottom: Black 1pt solid; text-align: right" title="Real estate held for investment, net of depreciation">152,890,656</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt; text-align: right"> </td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt; text-align: right"> </td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt; text-align: right"> </td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: justify; padding-bottom: 2.5pt">Total real estate held for investment</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98A_eus-gaap--RealEstateInvestmentPropertyNet_iI_c20221231_z4RxkDYnLd73" style="border-bottom: Black 2.5pt double; text-align: right" title="Real estate held for investment, net of depreciation">191,328,616</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt; text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt; text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt; text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: justify">Real estate held for sale:</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td>Residential</td><td> </td> <td style="text-align: left">$</td><td id="xdx_98C_eus-gaap--RealEstateHeldforsale_iI_c20221231__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember_z5A2k10mjODe" style="text-align: right" title="Real estate held for sale">11,010,029</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-bottom: 1pt">Commercial</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_986_eus-gaap--RealEstateHeldforsale_iI_c20221231__us-gaap--FinancialInstrumentAxis__custom--CommercialMember_z9nAQUdvBI3f" style="border-bottom: Black 1pt solid; text-align: right" title="Real estate held for sale">151,553</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt; text-align: right"> </td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt; text-align: right"> </td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt; text-align: right"> </td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: justify; padding-bottom: 2.5pt">Total real estate held for sale</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98C_eus-gaap--RealEstateHeldforsale_iI_c20221231_z3QsEeJjbBXh" style="border-bottom: Black 2.5pt double; text-align: right" title="Real estate held for sale">11,161,582</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt; text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt; text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt; text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Other investments and policy loans at amortized cost:</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-left: 10pt; text-align: left">Policy loans</td><td> </td> <td style="text-align: left">$</td><td id="xdx_98E_ecustom--PolicyLoansAmortizedCost_iI_c20221231_zsT1OGl0SWEh" style="text-align: right" title="Policy loans">13,095,473</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 10pt; text-align: left">Insurance assignments</td><td> </td> <td style="text-align: left"> </td><td id="xdx_984_ecustom--InsuranceAssignmentsAmortizedCost_iI_c20221231_zjHsPOrjtAV8" style="text-align: right" title="Insurance assignments">46,942,536</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-left: 10pt; text-align: left">Federal Home Loan Bank stock (1)</td><td> </td> <td style="text-align: left"> </td><td id="xdx_988_eus-gaap--FederalHomeLoanBankStock_iI_c20221231_fKDEp_zr3V42lt0EP7" style="text-align: right" title="Federal home loan bank stock">2,600,300</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 10pt; text-align: left">Other investments</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98C_ecustom--OtherInvestmentsAmortizedCost_iI_c20221231_znNXhHEJh929" style="text-align: right" title="Other investments">9,479,798</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-left: 10pt; text-align: left; padding-bottom: 1pt">Less: Allowance for credit losses for insurance assignments</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98A_ecustom--AllowanceForDoubtfulAccounts_iNI_di_c20221231_z46Jakz6Mfsi" style="border-bottom: Black 1pt solid; text-align: right" title="Allowance for doubtful accounts">(1,609,951</td><td style="padding-bottom: 1pt; text-align: left">)</td><td style="padding-bottom: 1pt"> </td> <td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt; text-align: right"> </td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt; text-align: right"> </td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt; text-align: right"> </td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 2.5pt">Total other investments and policy loans</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_981_ecustom--PolicyAndOtherLoansReceivableNet1_iI_c20221231_zqjn660iamYl" style="border-bottom: Black 2.5pt double; text-align: right" title="Total policy loans and other investments">70,508,156</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt; text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt; text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt; text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: justify; padding-bottom: 2.5pt">Accrued investment income</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98E_eus-gaap--AccruedInvestmentIncomeReceivable_iI_c20221231_ztRCkib4qGk5" style="border-bottom: Black 2.5pt double; text-align: right" title="Accrued investment income">10,299,826</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt; text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt; text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt; text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: justify; padding-bottom: 2.5pt">Total investments</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98C_eus-gaap--Investments_iI_c20221231_zMaUTnkhbPMi" style="border-bottom: Black 2.5pt double; text-align: right" title="Total investments">948,963,125</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt; text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt; text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt; text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> <div style="margin-top: 0pt; margin-bottom: 0pt; width: 25%"><div style="border-top: Black 1pt solid; font-size: 1pt"> </div></div> <table border="0" cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"> <tr style="vertical-align: top"> <td style="text-align: left; width: 0.25in">(1)</td> <td style="text-align: justify">Includes $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNjaGVkdWxlIG9mIEZhaXIgVmFsdWUgb2YgRml4ZWQgTWF0dXJpdHkgU2VjdXJpdGllcyAoRGV0YWlscykgKFBhcmVudGhldGhpY2FsKQA_" id="xdx_902_eus-gaap--FederalHomeLoanBankStock_iI_c20221231__srt--ProductOrServiceAxis__us-gaap--MembershipMember_zxEkXItw3cj1" title="Short term investment">938,500 of Membership stock and $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNjaGVkdWxlIG9mIEZhaXIgVmFsdWUgb2YgRml4ZWQgTWF0dXJpdHkgU2VjdXJpdGllcyAoRGV0YWlscykgKFBhcmVudGhldGhpY2FsKQA_" id="xdx_90D_eus-gaap--FederalHomeLoanBankStock_iI_c20221231__srt--ProductOrServiceAxis__custom--ActivityStockDueMember_zz0buOmKCJ43" title="Short term investment">1,661,800 of Activity stock due to short-term advances and letters of credit.</td></tr> </table> SECURITY NATIONAL FINANCIAL CORPORATION AND SUBSIDIARIES Notes to Condensed Consolidated Financial Statements March 31, 2023 (Unaudited) 3) Investments (Continued) Fixed Maturity Securities The following table summarizes unrealized losses on fixed maturity securities available for sale that were carried at estimated fair value at March 31, 2023 and at December 31, 2022. The unrealized losses were primarily related to interest rate fluctuations and inflation. The fair values of fixed maturity securities are based on quoted market prices, when available. For fixed maturity securities not actively traded, fair values are estimated using values obtained from independent pricing services, or in the case of private placements, are estimated by discounting expected future cash flows using a current market value applicable to the coupon rate, credit and maturity of the investments. The table below sets forth unrealized losses by duration with the fair value of the related fixed maturity securities. Schedule of Fair Value of Fixed Maturity Securities <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: bottom"> <td> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Unrealized Losses for Less than Twelve Months</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Fair Value</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Unrealized Losses for More than Twelve Months</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Fair Value</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Total Unrealized Loss</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Combined Fair Value</td><td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-decoration: underline">At March 31, 2023</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="width: 40%; text-align: left">U.S. Treasury Securities And Obligations of U.S. Government Agencies</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_984_eus-gaap--DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss_iI_c20230331__us-gaap--FinancialInstrumentAxis__us-gaap--USTreasurySecuritiesMember_zFEjfxj1MfT4" style="width: 6%; text-align: right" title="Available for sale securities, unrecognized holding loss">644,240</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_980_eus-gaap--DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months_iI_c20230331__us-gaap--FinancialInstrumentAxis__us-gaap--USTreasurySecuritiesMember_zlWGWugzBBa6" style="width: 6%; text-align: right" title="Available for sale securities, fair value">53,196,137</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_981_eus-gaap--DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss_iI_c20230331__us-gaap--FinancialInstrumentAxis__us-gaap--USTreasurySecuritiesMember_z5WfofBVnj89" style="width: 6%; text-align: right" title="Available for sale securities, unrecognized holding loss">1,403,155</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_985_eus-gaap--DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger_iI_c20230331__us-gaap--FinancialInstrumentAxis__us-gaap--USTreasurySecuritiesMember_zmUWDhK0lYak" style="width: 6%; text-align: right" title="Available for sale securities, fair value">29,019,470</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_983_eus-gaap--DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLoss_iI_c20230331__us-gaap--FinancialInstrumentAxis__us-gaap--USTreasurySecuritiesMember_zErqd3KxGpyf" style="width: 6%; text-align: right" title="Available for sale securities, unrecognized holding loss">2,047,395</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_989_eus-gaap--DebtSecuritiesAvailableForSaleUnrealizedLossPosition_iI_c20230331__us-gaap--FinancialInstrumentAxis__us-gaap--USTreasurySecuritiesMember_zVmuswQWglqg" style="width: 6%; text-align: right" title="Available for sale securities, fair value">82,215,607</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Obligations of States and Political Subdivisions</td><td> </td> <td style="text-align: left"> </td><td id="xdx_983_eus-gaap--DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss_iI_c20230331__us-gaap--FinancialInstrumentAxis__us-gaap--USStatesAndPoliticalSubdivisionsMember_zmqR2hG5S0C5" style="text-align: right" title="Available for sale securities, unrecognized holding loss">204,976</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_989_eus-gaap--DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months_iI_c20230331__us-gaap--FinancialInstrumentAxis__us-gaap--USStatesAndPoliticalSubdivisionsMember_zlq9L9dFy7s2" style="text-align: right" title="Available for sale securities, fair value">4,644,270</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_988_eus-gaap--DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss_iI_c20230331__us-gaap--FinancialInstrumentAxis__us-gaap--USStatesAndPoliticalSubdivisionsMember_zEsLVKwluAib" style="text-align: right" title="Available for sale securities, unrecognized holding loss">132,970</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_987_eus-gaap--DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger_iI_c20230331__us-gaap--FinancialInstrumentAxis__us-gaap--USStatesAndPoliticalSubdivisionsMember_zEPjMjaAywTe" style="text-align: right" title="Available for sale securities, fair value">1,213,482</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_981_eus-gaap--DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLoss_iI_c20230331__us-gaap--FinancialInstrumentAxis__us-gaap--USStatesAndPoliticalSubdivisionsMember_zf1rVkrO3YLg" style="text-align: right" title="Available for sale securities, unrecognized holding loss">337,946</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_983_eus-gaap--DebtSecuritiesAvailableForSaleUnrealizedLossPosition_iI_c20230331__us-gaap--FinancialInstrumentAxis__us-gaap--USStatesAndPoliticalSubdivisionsMember_z2pnU0eVgzS6" style="text-align: right" title="Available for sale securities, fair value">5,857,752</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Corporate Securities</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98B_eus-gaap--DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss_iI_c20230331__us-gaap--FinancialInstrumentAxis__custom--CorporateSecuritiesMember_zDtBL0q1FO0a" style="text-align: right" title="Available for sale securities, unrecognized holding loss">5,315,889</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_984_eus-gaap--DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months_iI_c20230331__us-gaap--FinancialInstrumentAxis__custom--CorporateSecuritiesMember_zys90kaKP6kl" style="text-align: right" title="Available for sale securities, fair value">123,534,510</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98E_eus-gaap--DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss_iI_c20230331__us-gaap--FinancialInstrumentAxis__custom--CorporateSecuritiesMember_zUxcaeBpQGt5" style="text-align: right" title="Available for sale securities, unrecognized holding loss">3,723,412</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98B_eus-gaap--DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger_iI_c20230331__us-gaap--FinancialInstrumentAxis__custom--CorporateSecuritiesMember_zO6rR3oBiUM3" style="text-align: right" title="Available for sale securities, fair value">26,399,408</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_985_eus-gaap--DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLoss_iI_c20230331__us-gaap--FinancialInstrumentAxis__custom--CorporateSecuritiesMember_z42urNFQsGd4" style="text-align: right" title="Available for sale securities, unrecognized holding loss">9,039,301</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_982_eus-gaap--DebtSecuritiesAvailableForSaleUnrealizedLossPosition_iI_c20230331__us-gaap--FinancialInstrumentAxis__custom--CorporateSecuritiesMember_zpSRPqf5zcU8" style="text-align: right" title="Available for sale securities, fair value">149,933,918</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 1pt">Mortgage and other asset-backed securities</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_982_eus-gaap--DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss_iI_c20230331__us-gaap--FinancialInstrumentAxis__us-gaap--MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMember_z7S8IOBZ7YJl" style="border-bottom: Black 1pt solid; text-align: right" title="Available for sale securities, unrecognized holding loss">586,825</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98C_eus-gaap--DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months_iI_c20230331__us-gaap--FinancialInstrumentAxis__us-gaap--MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMember_z1JLfyVvw735" style="border-bottom: Black 1pt solid; text-align: right" title="Available for sale securities, fair value">6,984,005</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_982_eus-gaap--DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss_iI_c20230331__us-gaap--FinancialInstrumentAxis__us-gaap--MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMember_zAgjpC0PvqLh" style="border-bottom: Black 1pt solid; text-align: right" title="Available for sale securities, unrecognized holding loss">3,622,663</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98C_eus-gaap--DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger_iI_c20230331__us-gaap--FinancialInstrumentAxis__us-gaap--MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMember_zL8I2PQ5Ni19" style="border-bottom: Black 1pt solid; text-align: right" title="Available for sale securities, fair value">19,465,113</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_989_eus-gaap--DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLoss_iI_c20230331__us-gaap--FinancialInstrumentAxis__us-gaap--MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMember_z2bAa1c646Kj" style="border-bottom: Black 1pt solid; text-align: right" title="Available for sale securities, unrecognized holding loss">4,209,488</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_985_eus-gaap--DebtSecuritiesAvailableForSaleUnrealizedLossPosition_iI_c20230331__us-gaap--FinancialInstrumentAxis__us-gaap--MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMember_zjGauqYq8WAl" style="border-bottom: Black 1pt solid; text-align: right" title="Available for sale securities, fair value">26,449,118</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-bottom: 2.5pt">Totals</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_983_eus-gaap--DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss_iI_c20230331_ztiH2LRL0Ty7" style="border-bottom: Black 2.5pt double; text-align: right" title="Available for sale securities, unrecognized holding loss">6,751,930</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98C_eus-gaap--DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months_iI_c20230331_zXJuUqPv46b5" style="border-bottom: Black 2.5pt double; text-align: right" title="Available for sale securities, fair value">188,358,922</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_987_eus-gaap--DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss_iI_c20230331_zkHt6A1fIdm3" style="border-bottom: Black 2.5pt double; text-align: right" title="Available for sale securities, unrecognized holding loss">8,882,200</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_982_eus-gaap--DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger_iI_c20230331_zlAWjlO6c4sd" style="border-bottom: Black 2.5pt double; text-align: right" title="Available for sale securities, fair value">76,097,473</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_984_eus-gaap--DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLoss_iI_c20230331_zEVm5DRySEi" style="border-bottom: Black 2.5pt double; text-align: right" title="Available for sale securities, unrecognized holding loss">15,634,130</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98A_eus-gaap--DebtSecuritiesAvailableForSaleUnrealizedLossPosition_iI_c20230331_zlAhKtXjlMae" style="border-bottom: Black 2.5pt double; text-align: right" title="Available for sale securities, fair value">264,456,395</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-decoration: underline">At December 31, 2022</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">U.S. Treasury Securities And Obligations of U.S. Government Agencies</td><td> </td> <td style="text-align: left">$</td><td id="xdx_989_eus-gaap--DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss_iI_c20221231__us-gaap--FinancialInstrumentAxis__us-gaap--USTreasurySecuritiesMember_zeBrOUTW4S9e" style="text-align: right" title="Available for sale securities, unrecognized holding loss">2,685,277</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td id="xdx_986_eus-gaap--DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months_iI_c20221231__us-gaap--FinancialInstrumentAxis__us-gaap--USTreasurySecuritiesMember_zEyPadt1bFg1" style="text-align: right" title="Available for sale securities, fair value">79,400,753</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td id="xdx_984_eus-gaap--DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss_iI_c20221231__us-gaap--FinancialInstrumentAxis__us-gaap--USTreasurySecuritiesMember_z4RCyfJdjNci" style="text-align: right" title="Available for sale securities, unrecognized holding loss">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td id="xdx_987_eus-gaap--DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger_iI_c20221231__us-gaap--FinancialInstrumentAxis__us-gaap--USTreasurySecuritiesMember_zwTTS3Fw4hi1" style="text-align: right" title="Available for sale securities, fair value">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td id="xdx_98E_eus-gaap--DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLoss_iI_c20221231__us-gaap--FinancialInstrumentAxis__us-gaap--USTreasurySecuritiesMember_z1X74NYOvSG1" style="text-align: right" title="Available for sale securities, unrecognized holding loss">2,685,277</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td id="xdx_98A_eus-gaap--DebtSecuritiesAvailableForSaleUnrealizedLossPosition_iI_c20221231__us-gaap--FinancialInstrumentAxis__us-gaap--USTreasurySecuritiesMember_zITZkJEjaAVf" style="text-align: right" title="Available for sale securities, fair value">79,400,753</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Obligations of States and Political Subdivisions</td><td> </td> <td style="text-align: left"> </td><td id="xdx_982_eus-gaap--DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss_iI_c20221231__us-gaap--FinancialInstrumentAxis__us-gaap--USStatesAndPoliticalSubdivisionsMember_zrF7r21IJcrj" style="text-align: right" title="Available for sale securities, unrecognized holding loss">378,067</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98E_eus-gaap--DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months_iI_c20221231__us-gaap--FinancialInstrumentAxis__us-gaap--USStatesAndPoliticalSubdivisionsMember_zxb9iSEsI3Pk" style="text-align: right" title="Available for sale securities, fair value">5,467,910</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98E_eus-gaap--DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss_iI_c20221231__us-gaap--FinancialInstrumentAxis__us-gaap--USStatesAndPoliticalSubdivisionsMember_zzNJGSFj7iO6" style="text-align: right" title="Available for sale securities, unrecognized holding loss">80,070</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98A_eus-gaap--DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger_iI_c20221231__us-gaap--FinancialInstrumentAxis__us-gaap--USStatesAndPoliticalSubdivisionsMember_zcEzQ2NeRSMl" style="text-align: right" title="Available for sale securities, fair value">429,020</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_986_eus-gaap--DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLoss_iI_c20221231__us-gaap--FinancialInstrumentAxis__us-gaap--USStatesAndPoliticalSubdivisionsMember_zwvCcaT8h7rd" style="text-align: right" title="Available for sale securities, fair value">458,137</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_989_eus-gaap--DebtSecuritiesAvailableForSaleUnrealizedLossPosition_iI_c20221231__us-gaap--FinancialInstrumentAxis__us-gaap--USStatesAndPoliticalSubdivisionsMember_zLXYwOTSEKu6" style="text-align: right" title="Available for sale securities, fair value">5,896,930</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Corporate Securities</td><td> </td> <td style="text-align: left"> </td><td id="xdx_982_eus-gaap--DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss_iI_c20221231__us-gaap--FinancialInstrumentAxis__custom--CorporateSecuritiesMember_zDf8zX2GBbF9" style="text-align: right" title="Available for sale securities, unrecognized holding loss">10,935,114</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98E_eus-gaap--DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months_iI_c20221231__us-gaap--FinancialInstrumentAxis__custom--CorporateSecuritiesMember_zmaDfTuaKasi" style="text-align: right" title="Available for sale securities, fair value">162,995,969</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_983_eus-gaap--DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss_iI_c20221231__us-gaap--FinancialInstrumentAxis__custom--CorporateSecuritiesMember_zYuaDXGIAgl6" style="text-align: right" title="Available for sale securities, unrecognized holding loss">995,659</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98C_eus-gaap--DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger_iI_c20221231__us-gaap--FinancialInstrumentAxis__custom--CorporateSecuritiesMember_zUIpyHYwyTp1" style="text-align: right" title="Available for sale securities, fair value">5,781,822</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_982_eus-gaap--DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLoss_iI_c20221231__us-gaap--FinancialInstrumentAxis__custom--CorporateSecuritiesMember_z4xUxsEeqOj5" style="text-align: right" title="Available for sale securities, unrecognized holding loss">11,930,773</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98A_eus-gaap--DebtSecuritiesAvailableForSaleUnrealizedLossPosition_iI_c20221231__us-gaap--FinancialInstrumentAxis__custom--CorporateSecuritiesMember_zx2yyPqAN8Jf" style="text-align: right" title="Available for sale securities, fair value">168,777,791</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 1pt">Mortgage and other asset-backed securities</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98C_eus-gaap--DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss_iI_c20221231__us-gaap--FinancialInstrumentAxis__us-gaap--MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMember_zT4QqwH0mwGk" style="border-bottom: Black 1pt solid; text-align: right" title="Available for sale securities, unrecognized holding loss">2,884,731</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_982_eus-gaap--DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months_iI_c20221231__us-gaap--FinancialInstrumentAxis__us-gaap--MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMember_ziZwum4dVYH7" style="border-bottom: Black 1pt solid; text-align: right" title="Available for sale securities, fair value">19,909,907</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_981_eus-gaap--DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss_iI_c20221231__us-gaap--FinancialInstrumentAxis__us-gaap--MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMember_z2B6iSy6hPo8" style="border-bottom: Black 1pt solid; text-align: right" title="Available for sale securities, unrecognized holding loss">1,215,943</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98D_eus-gaap--DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger_iI_c20221231__us-gaap--FinancialInstrumentAxis__us-gaap--MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMember_z04gjdm2E3Qd" style="border-bottom: Black 1pt solid; text-align: right" title="Available for sale securities, fair value">6,978,745</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_986_eus-gaap--DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLoss_iI_c20221231__us-gaap--FinancialInstrumentAxis__us-gaap--MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMember_zppzRADWmglh" style="border-bottom: Black 1pt solid; text-align: right" title="Available for sale securities, unrecognized holding loss">4,100,674</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_986_eus-gaap--DebtSecuritiesAvailableForSaleUnrealizedLossPosition_iI_c20221231__us-gaap--FinancialInstrumentAxis__us-gaap--MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMember_zoMXgh309di8" style="border-bottom: Black 1pt solid; text-align: right" title="Available for sale securities, fair value">26,888,652</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-bottom: 2.5pt">Totals</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98E_eus-gaap--DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss_iI_c20221231_zyS423P8WNok" style="border-bottom: Black 2.5pt double; text-align: right" title="Available for sale securities, unrecognized holding loss">16,883,189</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_987_eus-gaap--DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months_iI_c20221231_zBhZa3BrDll6" style="border-bottom: Black 2.5pt double; text-align: right" title="Available for sale securities, fair value">267,774,539</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_989_eus-gaap--DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss_iI_c20221231_zspaD6WUtJY" style="border-bottom: Black 2.5pt double; text-align: right" title="Available for sale securities, unrecognized holding loss">2,291,672</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_985_eus-gaap--DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger_iI_c20221231_zEQSsZFHr5m" style="border-bottom: Black 2.5pt double; text-align: right" title="Available for sale securities, fair value">13,189,587</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_987_eus-gaap--DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLoss_iI_c20221231_zGStmYsj0jVf" style="border-bottom: Black 2.5pt double; text-align: right" title="Available for sale securities, unrecognized holding loss">19,174,861</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_989_eus-gaap--DebtSecuritiesAvailableForSaleUnrealizedLossPosition_iI_c20221231_zfJqw0scQdbb" style="border-bottom: Black 2.5pt double; text-align: right" title="Available for sale securities, fair value">280,964,126</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> There were 656 securities with fair value of <span id="xdx_904_ecustom--AverageMarketValueOverAmortizedCost_iI_pid_dp_uPure_c20230331__us-gaap--InvestmentTypeAxis__custom--SixHundredFiftySixSecuritiesMember_ztnBbEHPCJZj" title="Average market value over amortized cost">94.4% of aggregate amortized cost at March 31, 2023. There were 713 securities with fair value of <span id="xdx_904_ecustom--AverageMarketValueOverAmortizedCost_iI_pid_dp_uPure_c20221231__us-gaap--InvestmentTypeAxis__custom--SevenOneThreeSecuritiesMember_zNe43Q3P85Cf" title="Average market value over amortized cost">93.6% of aggregate amortized cost at December 31, 2022. Credit losses of $179,500 and nil have been recognized for the three month periods ended March 31, 2023 and 2022 and are included in gains (losses) on investments and other assets on the condensed consolidated statements of earnings. Other unrealized losses for which no credit loss was recognized are primarily the result of the recent rise in interest rates and inflation. Evaluation of Allowance for Credit Losses See Note 2 regarding the adoption of ASU 2016-13. On a quarterly basis, the Company evaluates its fixed maturity securities classified as available for sale to identify any potential credit losses. This evaluation includes a review of current ratings by the National Association of Insurance Commissions (“NAIC”). Securities with a rating of 1 or 2 are considered investment grade and are not reviewed for credit loss, unless current market or recent company news could lead to a credit downgrade. Securities with ratings of 3 to 5 are evaluated for credit loss. Securities with a rating of 6 are automatically determined to be impaired and a credit loss is recognized in earnings. The evaluation involves assessing all facts and circumstances surrounding each security including, but not limited to, historical values, interest payment history, projected earnings and revenue growth rates as well as a review of the reason for a downgrade in the NAIC rating. Based on the analysis of a security that is rated 3 to 5, a determination is made whether the security will likely make interest and principal payments in accordance with the terms of the financial instrument. SECURITY NATIONAL FINANCIAL CORPORATION AND SUBSIDIARIES Notes to Condensed Consolidated Financial Statements March 31, 2023 (Unaudited) 3) Investments (Continued) Where the decline in fair value of fixed maturity securities is attributable to changes in market interest rates or to factors such as market volatility, liquidity and spread widening, and the Company anticipates recovery of all contractual or expected cash flows, the Company does not consider these securities to have credit loss because the Company does not intend to sell these securities and it is not more likely than not the Company will be required to sell these securities before a recovery of amortized cost, which may be maturity. If the Company intends to sell a fixed maturity security or if it is more likely than not that the Company will be required to sell a security before recovery of its amortized cost basis, a credit loss has occurred and the difference between the amortized cost and the fair value that relates to the expected credit loss is recognized as a loss in earnings, included in gains (losses) on investments and other assets on the condensed consolidated statements of earnings. If the Company does not intend to sell and it is not more likely than not the Company will be required to sell the debt security but also do not expect to recover the entire amortized cost basis of the security, a credit loss would be recognized in earnings for the amount of the expected credit loss with a corresponding allowance for credit losses as a contra-asset account. The credit loss is included in gains (losses) on investments and other assets on the condensed consolidated statements of earnings. The recognized credit loss is limited to the total unrealized loss on the security due to a change in credit. Amounts on available for sale fixed maturities that are deemed to be uncollectible are written off and removed from the allowance for credit loss. A write-off may also occur if the Company intends to sell a security or when it is more likely than not the Company will be required to sell the security before the recovery of its amortized cost. The Company does not measure a credit loss allowance on accrued interest receivable, included in accrued investment income on the condensed consolidated balance sheets, as the Company writes off any accrued interest receivable balance to net investment income in a timely manner (after 90 days) when the Company has concerns regarding collectability. The following table presents a roll forward of the Company’s allowance for credit losses on fixed maturity securities available for sale: Schedule of Allowance for Credit Losses on Fixed Maturity Securities Available for Sale <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="display: none; vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_4BC_us-gaap--FairValueByAssetClassAxis_us-gaap--USTreasurySecuritiesMember_zc8zvLKUq7zj" style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_4B0_us-gaap--FairValueByAssetClassAxis_us-gaap--USStatesAndPoliticalSubdivisionsMember_ze3RlZPFggw" style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_4B7_us-gaap--FairValueByAssetClassAxis_us-gaap--CorporateDebtSecuritiesMember_zsXxNNiasojb" style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_4BF_us-gaap--FairValueByAssetClassAxis_us-gaap--MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMember_zrGTfz7VuZ24" style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_4B3_zyUTnjfgNeZ8" style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="padding-bottom: 1pt"> </td> <td colspan="18" style="border-bottom: Black 1pt solid; text-align: center">Three Months Ended March 31, 2023</td><td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">U.S. Treasury Securities And Obligations of U.S. Government Agencies</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Obligations of states and political subdivisions</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Corporate securities</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Mortgage-backed securities</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Total</td><td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr id="xdx_43A_c20230101__20230331_eus-gaap--DebtSecuritiesAvailableForSaleAllowanceForCreditLoss_iS_zdVFuD9iuDP5" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Beginning balance</td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">-</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr id="xdx_404_eus-gaap--DebtSecuritiesAvailableForSaleAllowanceForCreditLossNotPreviouslyRecorded_zha8wouluqS" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 10pt; width: 35%; text-align: left">Additions for credit losses not previously recorded</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 9%; text-align: right">-</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 9%; text-align: right">-</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 9%; text-align: right">179,500</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 9%; text-align: right">-</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 9%; text-align: right">179,500</td><td style="width: 1%; text-align: left"> </td></tr> <tr id="xdx_403_ecustom--DebtSecuritiesAvailableForSaleAllowancesForCreditLossPeriodIncreaseDecrease_z274P4Nr8qte" style="vertical-align: bottom; background-color: White"> <td style="padding-left: 10pt; text-align: left">Change in allowance on securities with previous allowance</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td></tr> <tr id="xdx_40D_eus-gaap--DebtSecuritiesAvailableForSaleAllowanceForCreditLossSecuritiesSold_zPwxI9QvrT4l" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 10pt; text-align: left">Reductions for securities sold during the period</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td></tr> <tr id="xdx_40F_eus-gaap--DebtSecuritiesAvailableForSaleAllowanceForCreditLossSellBeforeRecovery_z6IfJ5xw5up" style="vertical-align: bottom; background-color: White"> <td style="padding-left: 10pt; text-align: left">Reductions for securities with credit losses due to intent to sell</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td></tr> <tr id="xdx_40D_eus-gaap--DebtSecuritiesAvailableForSaleAllowanceForCreditLossWriteoff_znLzhYoAR4U1" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 10pt; text-align: left">Write-offs charged against the allowance</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td></tr> <tr id="xdx_40A_eus-gaap--DebtSecuritiesAvailableForSaleAllowanceForCreditLossRecovery_zhdtQiLzBo05" style="vertical-align: bottom; background-color: White"> <td style="padding-bottom: 1pt; padding-left: 10pt; text-align: left">Recoveries of amounts previously written off</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">-</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">-</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">-</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">-</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">-</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr id="xdx_433_c20230101__20230331_eus-gaap--DebtSecuritiesAvailableForSaleAllowanceForCreditLoss_iE_zkBmIGemsfk" style="vertical-align: bottom; background-color: White"> <td style="padding-bottom: 2.5pt">Ending Balance</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">-</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">-</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">179,500</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">-</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">179,500</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> SECURITY NATIONAL FINANCIAL CORPORATION AND SUBSIDIARIES Notes to Condensed Consolidated Financial Statements March 31, 2023 (Unaudited) 3) Investments (Continued) The following table presents a roll forward of the Company’s cumulative other than temporary credit impairments (“OTTI”) recognized in earnings on fixed maturity securities available for sale which was required to be presented prior to the adoption of ASU 2016-13. Schedule of Earnings on Fixed Maturity Securities <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 80%"> <tr style="vertical-align: bottom"> <td> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_496_20220101__20220331_zYbzo6QEKBMe" style="border-bottom: Black 1pt solid; text-align: center">2022</td><td style="padding-bottom: 1pt"> </td></tr> <tr id="xdx_40F_eus-gaap--OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCreditLossesOnDebtSecuritiesHeld_iS_z6DauA1Gn7wg" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 80%; text-align: left">Balance of credit-related OTTI at January 1</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 16%; text-align: right">264,977</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 0pt; text-align: left">Additions for credit impairments recognized on:</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr id="xdx_400_eus-gaap--OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsAdditionsNoPreviousImpairment_z6qYbHU2Bdm" style="vertical-align: bottom; background-color: White"> <td style="padding-left: 10pt; text-align: left">Securities not previously impaired</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td></tr> <tr id="xdx_408_eus-gaap--OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsAdditionsAdditionalCreditLosses_zpHSvIZ40702" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 10pt; text-align: left">Securities previously impaired</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Reductions for credit impairments previously recognized on:</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr id="xdx_40D_eus-gaap--OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsReductionsSecuritiesSold_iN_di_zrvnLNa5EOW9" style="vertical-align: bottom; background-color: White"> <td style="padding-left: 10pt; text-align: left">Securities that matured or were sold during the period (realized)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(39,502</td><td style="text-align: left">)</td></tr> <tr id="xdx_40E_eus-gaap--OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsReductionsCashFlows_z7O3xQ7TeXVh" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-bottom: 1pt; padding-left: 10pt; text-align: left">Securities due to an increase in expected cash flows</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">-</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr id="xdx_402_eus-gaap--OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCreditLossesOnDebtSecuritiesHeld_iE_zdofr0u3nhjl" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 2.5pt">Balance of credit-related OTTI at March 31</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">225,475</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> The following table presents the amortized cost and the estimated fair value of fixed maturity securities available for sale at March 31, 2023, by contractual maturity. Actual or expected maturities may differ from contractual maturities because certain borrowers may have the right to call or prepay obligations with or without call or prepayment penalties. Schedule of Investments Classified by Contractual Maturity Date <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 70%"> <tr style="vertical-align: bottom"> <td> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Amortized Cost</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Estimated Fair Value</td><td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 60%; text-align: left">Due in 1 year</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_982_eus-gaap--AvailableForSaleDebtSecuritiesAmortizedCostBasis_iI_pp0p0_c20230331__us-gaap--LeaseContractualTermAxis__custom--DueInOneYearMember_ziOKGBrtbiM5" style="width: 16%; text-align: right" title="Amortized cost">18,103,991</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_98D_eus-gaap--AvailableForSaleSecuritiesDebtSecuritiesCurrent_iI_pp0p0_c20230331__us-gaap--LeaseContractualTermAxis__custom--DueInOneYearMember_zYjEGfkGDeU9" style="width: 16%; text-align: right" title="Estimated fair value">18,032,556</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Due in 2-5 years</td><td> </td> <td style="text-align: left"> </td><td id="xdx_983_eus-gaap--AvailableForSaleDebtSecuritiesAmortizedCostBasis_iI_pp0p0_c20230331__us-gaap--LeaseContractualTermAxis__custom--DueInTwoToFiveYearsMember_zAkG7fck3Lai" style="text-align: right" title="Amortized cost">149,458,111</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98A_eus-gaap--AvailableForSaleSecuritiesDebtSecuritiesCurrent_iI_pp0p0_c20230331__us-gaap--LeaseContractualTermAxis__custom--DueInTwoToFiveYearsMember_z9XVntTSv4k4" style="text-align: right" title="Estimated fair value">145,781,675</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Due in 5-10 years</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98D_eus-gaap--AvailableForSaleDebtSecuritiesAmortizedCostBasis_iI_pp0p0_c20230331__us-gaap--LeaseContractualTermAxis__custom--DueInFiveToTenYearsMember_zIOcynFNXZd5" style="text-align: right" title="Amortized cost">81,699,121</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_985_eus-gaap--AvailableForSaleSecuritiesDebtSecuritiesCurrent_iI_pp0p0_c20230331__us-gaap--LeaseContractualTermAxis__custom--DueInFiveToTenYearsMember_zpLgx3nq0sEk" style="text-align: right" title="Estimated fair value">80,082,902</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Due in more than 10 years</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98A_eus-gaap--AvailableForSaleDebtSecuritiesAmortizedCostBasis_iI_pp0p0_c20230331__us-gaap--LeaseContractualTermAxis__custom--DueInMoreThanTenYearsMember_zMrilh6NqTWc" style="text-align: right" title="Amortized cost">86,011,105</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98E_eus-gaap--AvailableForSaleSecuritiesDebtSecuritiesCurrent_iI_pp0p0_c20230331__us-gaap--LeaseContractualTermAxis__custom--DueInMoreThanTenYearsMember_zIB7cCutGVKd" style="text-align: right" title="Estimated fair value">83,559,702</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Mortgage-backed securities</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98B_eus-gaap--AvailableForSaleDebtSecuritiesAmortizedCostBasis_iI_pp0p0_c20230331__us-gaap--FinancialInstrumentAxis__us-gaap--MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMember_zqubnWPmy1el" style="text-align: right" title="Amortized cost">33,859,690</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_987_eus-gaap--AvailableForSaleSecuritiesDebtSecuritiesCurrent_iI_pp0p0_c20230331__us-gaap--FinancialInstrumentAxis__us-gaap--MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMember_zNNnn2yo7Ap9" style="text-align: right" title="Estimated fair value">29,853,692</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 1pt">Redeemable preferred stock</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_981_eus-gaap--AvailableForSaleDebtSecuritiesAmortizedCostBasis_iI_pp0p0_c20230331__us-gaap--FinancialInstrumentAxis__us-gaap--RedeemablePreferredStockMember_zWw5GP49pbZd" style="border-bottom: Black 1pt solid; text-align: right" title="Amortized cost">250,000</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_981_eus-gaap--AvailableForSaleSecuritiesDebtSecuritiesCurrent_iI_pp0p0_c20230331__us-gaap--FinancialInstrumentAxis__us-gaap--RedeemablePreferredStockMember_zIkzx9D5RORa" style="border-bottom: Black 1pt solid; text-align: right" title="Estimated fair value">260,000</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 10pt; padding-bottom: 2.5pt">Total</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_988_eus-gaap--AvailableForSaleDebtSecuritiesAmortizedCostBasis_iI_pp0p0_c20230331_zvaMGlkLhD41" style="border-bottom: Black 2.5pt double; text-align: right" title="Amortized cost">369,382,018</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_980_eus-gaap--AvailableForSaleSecuritiesDebtSecuritiesCurrent_iI_pp0p0_c20230331_zRAmLdBjL0hl" style="border-bottom: Black 2.5pt double; text-align: right" title="Estimated fair value">357,570,527</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> The Company is a member of the Federal Home Loan Bank of Des Moines and Dallas (“FHLB”). The Company had pledged a total of $93,436,027, at estimated fair value, of fixed maturity securities with the FHLB at March 31, 2023. These pledged securities are used as collateral for any FHLB cash advances. As of March 31, 2023, the Company owed $31,000,000 to the FHLB and its estimated maximum borrowing capacity was $55,351,809. Credit Quality Indicators The NAIC assigns designations to fixed maturity securities. These designations range from Class 1 (highest quality) to Class 6 (lowest quality). The NAIC designations are utilized by insurers in preparing their annual statutory statements. NAIC Class 1 and 2 are considered “investment grade” while the NAIC Class 3 through 6 designations are considered “non-investment grade.” Based on the NAIC designations, the Company had 98.1% and <span id="xdx_90C_ecustom--DebtSecuritiesAvailableForSalePercentInvestmentGrade_iI_pid_dp_c20221231_zJ8nUSjYISqf" title="Percentage of fixed maturity portfolio rated investment grade based on NAIC designations">97.7% of its fixed maturity securities rated investment grade as of March 31, 2023 and December 31, 2022, respectively. SECURITY NATIONAL FINANCIAL CORPORATION AND SUBSIDIARIES Notes to Condensed Consolidated Financial Statements March 31, 2023 (Unaudited) 3) Investments (Continued) <p id="xdx_89F_ecustom--ScheduleofCreditQualityofFixedMaturitySecurityPortfoliobyNAICDesignationTableTextBlock_zmZF1nmgiI5" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify">The following table summarizes the credit quality, as determined by NAIC designation, of the Company’s fixed maturity securities available for sale, excluding redeemable preferred stock. SECURITY NATIONAL FINANCIAL CORPORATION AND SUBSIDIARIES Notes to Condensed Consolidated Financial Statements March 31, 2023 (Unaudited) 3) Investments (Continued) Schedule of Credit Quality of Fixed Maturity Security Portfolio by NAIC Designation <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 90%"> <tr style="vertical-align: bottom"> <td style="text-align: center"> </td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="6" style="border-bottom: Black 1pt solid; text-align: center">March 31, 2023</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="6" style="border-bottom: Black 1pt solid; text-align: center">December 31, 2022</td><td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: Black 1pt solid; text-align: center">NAIC Designation</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Amortized Cost</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Estimated Fair Value</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Amortized Cost</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Estimated Fair Value</td><td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 19%; text-align: center">1</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_98A_eus-gaap--AvailableForSaleDebtSecuritiesAmortizedCostBasis_iI_c20230331__us-gaap--ExternalCreditRatingByGroupingAxis__custom--NAICClass1DesignationMember_z4W06ARP4K34" style="width: 16%; text-align: right" title="Amortized cost">202,589,256</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_988_eus-gaap--AvailableForSaleSecuritiesDebtSecuritiesCurrent_iI_c20230331__us-gaap--ExternalCreditRatingByGroupingAxis__custom--NAICClass1DesignationMember_zv7xTXcyWAe4" style="width: 16%; text-align: right" title="Estimated fair value">197,298,515</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_98B_eus-gaap--AvailableForSaleDebtSecuritiesAmortizedCostBasis_iI_c20221231__us-gaap--ExternalCreditRatingByGroupingAxis__custom--NAICClass1DesignationMember_z3yJCjeMR95c" style="width: 16%; text-align: right" title="Amortized cost">197,753,818</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_985_eus-gaap--AvailableForSaleSecuritiesDebtSecuritiesCurrent_iI_c20221231__us-gaap--ExternalCreditRatingByGroupingAxis__custom--NAICClass1DesignationMember_zEBHmbXXCQJ9" style="width: 16%; text-align: right" title="Estimated fair value">189,691,540</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: center">2</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_986_eus-gaap--AvailableForSaleDebtSecuritiesAmortizedCostBasis_iI_c20230331__us-gaap--ExternalCreditRatingByGroupingAxis__custom--NAICClass2DesignationMember_zliPCdWrIBQb" style="text-align: right" title="Amortized cost">159,006,458</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_987_eus-gaap--AvailableForSaleSecuritiesDebtSecuritiesCurrent_iI_c20230331__us-gaap--ExternalCreditRatingByGroupingAxis__custom--NAICClass2DesignationMember_zL2kypKG7qwj" style="text-align: right" title="Estimated fair value">153,332,558</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_984_eus-gaap--AvailableForSaleDebtSecuritiesAmortizedCostBasis_iI_c20221231__us-gaap--ExternalCreditRatingByGroupingAxis__custom--NAICClass2DesignationMember_zFo7KKFWPZUc" style="text-align: right" title="Amortized cost">156,261,804</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_988_eus-gaap--AvailableForSaleSecuritiesDebtSecuritiesCurrent_iI_c20221231__us-gaap--ExternalCreditRatingByGroupingAxis__custom--NAICClass2DesignationMember_zPMHvzhuC9ai" style="text-align: right" title="Estimated fair value">148,073,873</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: center">3</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_980_eus-gaap--AvailableForSaleDebtSecuritiesAmortizedCostBasis_iI_c20230331__us-gaap--ExternalCreditRatingByGroupingAxis__custom--NAICClass3DesignationMember_zEDBgu3nJfwi" style="text-align: right" title="Amortized cost">6,036,229</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_987_eus-gaap--AvailableForSaleSecuritiesDebtSecuritiesCurrent_iI_c20230331__us-gaap--ExternalCreditRatingByGroupingAxis__custom--NAICClass3DesignationMember_z9LPN7Laq2Pj" style="text-align: right" title="Estimated fair value">5,540,009</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98E_eus-gaap--AvailableForSaleDebtSecuritiesAmortizedCostBasis_iI_c20221231__us-gaap--ExternalCreditRatingByGroupingAxis__custom--NAICClass3DesignationMember_zwtDkYJy9Ufe" style="text-align: right" title="Amortized cost">7,080,305</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_982_eus-gaap--AvailableForSaleSecuritiesDebtSecuritiesCurrent_iI_c20221231__us-gaap--ExternalCreditRatingByGroupingAxis__custom--NAICClass3DesignationMember_znp7STGDTEMj" style="text-align: right" title="Estimated fair value">6,635,786</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: center">4</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_988_eus-gaap--AvailableForSaleDebtSecuritiesAmortizedCostBasis_iI_c20230331__us-gaap--ExternalCreditRatingByGroupingAxis__custom--NAICClass4DesignationMember_zdhTTlJtgOga" style="text-align: right" title="Amortized cost">1,472,550</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_986_eus-gaap--AvailableForSaleSecuritiesDebtSecuritiesCurrent_iI_c20230331__us-gaap--ExternalCreditRatingByGroupingAxis__custom--NAICClass4DesignationMember_z3NwiFtHS6wa" style="text-align: right" title="Estimated fair value">1,098,745</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98F_eus-gaap--AvailableForSaleDebtSecuritiesAmortizedCostBasis_iI_c20221231__us-gaap--ExternalCreditRatingByGroupingAxis__custom--NAICClass4DesignationMember_zP7SQt3slyG5" style="text-align: right" title="Amortized cost">1,377,541</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98A_eus-gaap--AvailableForSaleSecuritiesDebtSecuritiesCurrent_iI_c20221231__us-gaap--ExternalCreditRatingByGroupingAxis__custom--NAICClass4DesignationMember_zlQSn7jg2HL4" style="text-align: right" title="Estimated fair value">1,157,454</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: center">5</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_988_eus-gaap--AvailableForSaleDebtSecuritiesAmortizedCostBasis_iI_c20230331__us-gaap--ExternalCreditRatingByGroupingAxis__custom--NAICClass5DesignationMember_zGAl2PrOSiGi" style="text-align: right" title="Amortized cost">26,236</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98A_eus-gaap--AvailableForSaleSecuritiesDebtSecuritiesCurrent_iI_c20230331__us-gaap--ExternalCreditRatingByGroupingAxis__custom--NAICClass5DesignationMember_zaSmN6OTDfdd" style="text-align: right" title="Estimated fair value">40,316</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_986_eus-gaap--AvailableForSaleDebtSecuritiesAmortizedCostBasis_iI_c20221231__us-gaap--ExternalCreditRatingByGroupingAxis__custom--NAICClass5DesignationMember_zJLRH2JtK6i2" style="text-align: right" title="Amortized cost">25,736</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98F_eus-gaap--AvailableForSaleSecuritiesDebtSecuritiesCurrent_iI_c20221231__us-gaap--ExternalCreditRatingByGroupingAxis__custom--NAICClass5DesignationMember_zk753ZwLceK1" style="text-align: right" title="Estimated fair value">39,155</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-bottom: 1pt; text-align: center">6</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98D_eus-gaap--AvailableForSaleDebtSecuritiesAmortizedCostBasis_iI_c20230331__us-gaap--ExternalCreditRatingByGroupingAxis__custom--NAICClass6DesignationMember_zVKoCZCLA91k" style="border-bottom: Black 1pt solid; text-align: right" title="Amortized cost">1,289</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_984_eus-gaap--AvailableForSaleSecuritiesDebtSecuritiesCurrent_iI_c20230331__us-gaap--ExternalCreditRatingByGroupingAxis__custom--NAICClass6DesignationMember_zLJzd23n7Xbj" style="border-bottom: Black 1pt solid; text-align: right" title="Estimated fair value">384</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_985_eus-gaap--AvailableForSaleDebtSecuritiesAmortizedCostBasis_iI_c20221231__us-gaap--ExternalCreditRatingByGroupingAxis__custom--NAICClass6DesignationMember_z4uMCjUQJiO1" style="border-bottom: Black 1pt solid; text-align: right" title="Amortized cost">1,307</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98D_eus-gaap--AvailableForSaleSecuritiesDebtSecuritiesCurrent_iI_c20221231__us-gaap--ExternalCreditRatingByGroupingAxis__custom--NAICClass6DesignationMember_z6faQUNjVHz9" style="border-bottom: Black 1pt solid; text-align: right" title="Estimated fair value">684</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-bottom: 2.5pt; text-align: center">Total</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: center">$</td><td id="xdx_988_eus-gaap--AvailableForSaleDebtSecuritiesAmortizedCostBasis_iI_c20230331__us-gaap--StatutoryAccountingPracticesByJurisdictionAxis__custom--NationalAssociationOfInsuranceCommissionersMember_zf9erbFO1v82" style="border-bottom: Black 2.5pt double; text-align: right" title="Amortized cost">369,132,018</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98B_eus-gaap--AvailableForSaleSecuritiesDebtSecuritiesCurrent_iI_c20230331__us-gaap--StatutoryAccountingPracticesByJurisdictionAxis__custom--NationalAssociationOfInsuranceCommissionersMember_zUV8Jjda2U1k" style="border-bottom: Black 2.5pt double; text-align: right" title="Estimated fair value">357,310,527</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_989_eus-gaap--AvailableForSaleDebtSecuritiesAmortizedCostBasis_iI_c20221231__us-gaap--StatutoryAccountingPracticesByJurisdictionAxis__custom--NationalAssociationOfInsuranceCommissionersMember_zSVduSVp19q7" style="border-bottom: Black 2.5pt double; text-align: right" title="Amortized cost">362,500,511</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_983_eus-gaap--AvailableForSaleSecuritiesDebtSecuritiesCurrent_iI_c20221231__us-gaap--StatutoryAccountingPracticesByJurisdictionAxis__custom--NationalAssociationOfInsuranceCommissionersMember_zerFuy88GgH9" style="border-bottom: Black 2.5pt double; text-align: right" title="Estimated fair value">345,598,492</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> <p id="xdx_892_ecustom--ScheduleOfMajorCategoriesOfNetInvestmentIncomeTableTextBlock_gL3SOMCONIITT-SUO_zHpdRfeqOiGb" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify">Information regarding sales of fixed maturity securities available for sale is presented as follows. Schedule of Major Categories of Net Investment Income <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 80%"> <tr style="display: none; vertical-align: bottom"> <td> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_492_20230101__20230331_zr13WSdZ4sV2" style="border-bottom: Black 1pt solid; text-align: center">2023</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_494_20220101__20220331_zI5QRzgB5W2d" style="border-bottom: Black 1pt solid; text-align: center">2022</td><td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="padding-bottom: 1pt"> </td> <td colspan="6" style="border-bottom: Black 1pt solid; text-align: center">Three Months Ended March 31</td><td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">2023</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">2022</td><td style="padding-bottom: 1pt"> </td></tr> <tr id="xdx_407_ecustom--ProceedsReceivedFromSaleOfFixedMaturityAvailableForSaleSecurities_ziAXLwWgz91f" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 60%; text-align: left">Proceeds from sales</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 16%; text-align: right">1,209,844</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 16%; text-align: right">455,651</td><td style="width: 1%; text-align: left"> </td></tr> <tr id="xdx_405_eus-gaap--DebtSecuritiesAvailableForSaleRealizedGain_zRbS24WZhdOj" style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Gross realized gains</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">15,490</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">2,354</td><td style="text-align: left"> </td></tr> <tr id="xdx_403_eus-gaap--DebtSecuritiesAvailableForSaleRealizedLoss_iN_di_z3BECgG5b18e" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Gross realized losses</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(54,104</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(20</td><td style="text-align: left">)</td></tr> </table> Securities and cash on deposit with regulatory authorities as required by law amounted to $10,952,850 at March 31, 2023 and $11,032,165 at December 31, 2022. These restricted securities are included in various assets under investments on the accompanying condensed consolidated balance sheets. There were no investments, aggregated by issuer, in excess of 10% of shareholders’ equity (before net unrealized gains and losses on equity securities and fixed maturity securities) at March 31, 2023, other than investments issued or guaranteed by the United States Government. Real Estate Held for Investment and Held for Sale The Company strategically deploys resources into real estate to match the income and yield durations of its primary obligations. The sources for these real estate assets come through its various business units in the form of acquisition, development, and mortgage foreclosures. Commercial Real Estate Held for Investment and Held for Sale The Company owns and manages commercial real estate assets as a means of generating investment income. These assets are acquired in accordance with the Company’s goals and objectives for risk-adjusted returns. Due diligence is conducted on each asset using internal and third-party resources. The geographic locations and asset classes of investments are determined by senior management under the direction of the Board of Directors. The Company employs full-time employees to attend to the day-to-day operations of those assets within the greater Salt Lake area and close surrounding markets. The Company utilizes third party property managers where the geographic location does not warrant full-time staff or through strategic lease-up periods. The Company generally looks to acquire assets that are located in regions expected to have high growth in employment and population and that provide operational efficiencies. The Company currently owns and operates nine commercial properties in three states. These properties include office buildings, flex office space, and includes the redevelopment and expansion of its corporate campus (“Center53”) in Salt Lake City, Utah. The Company uses bank debt in strategic cases, primarily where it is anticipated to improve yields, or facilitate the acquisition of higher quality assets or asset class diversification. SECURITY NATIONAL FINANCIAL CORPORATION AND SUBSIDIARIES Notes to Condensed Consolidated Financial Statements March 31, 2023 (Unaudited) 3) Investments (Continued) The aggregated net book value of commercial real estate serving as collateral for bank loans was $128,272,775 and $129,330,119 as of March 31, 2023, and December 31, 2022, respectively. The associated bank loan carrying values totaled $96,652,659 and $97,112,131 as of March 31, 2023, and December 31, 2022, respectively. During the three month periods ended March 31, 2023, and 2022, the Company did not record any impairment losses on commercial real estate held for investment or held for sale. Impairment losses, if any, are included in gains (losses) on investment and other assets on the condensed consolidated statements of earnings. During the three month periods ended March 31, 2023, and 2022, the Company recorded depreciation expense on commercial real estate held for investment of $1,565,927 and $1,323,930, respectively. Commercial real estate held for investment is stated at cost and is depreciated over the estimated useful life, primarily using the straight-line method. Depreciation is included in net investment income on the consolidated statements of earnings. The Company’s commercial real estate held for investment is summarized as follows as of the respective dates indicated: Schedule of Commercial Real Estate Investment <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 80%"> <tr style="vertical-align: bottom"> <td> </td><td style="padding-bottom: 1pt"> </td> <td colspan="6" style="border-bottom: Black 1pt solid; text-align: center">Net Book Value</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="6" style="border-bottom: Black 1pt solid; text-align: center">Total Square Footage</td><td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">March 31 2023</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">December 31 2022</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">March 31 2023</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">December 31 2022</td><td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 40%">Utah (1)</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_986_eus-gaap--RealEstateInvestmentPropertyNet_iI_c20230331__srt--StatementGeographicalAxis__stpr--UT__us-gaap--InvestmentTypeAxis__custom--CommercialRealEstateOneMember_fKDEp_zFTV3btLZ3H4" style="width: 11%; text-align: right" title="Real estate held for investment (net of accumulated depreciation)">146,397,779</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_985_eus-gaap--RealEstateInvestmentPropertyNet_iI_c20221231__srt--StatementGeographicalAxis__stpr--UT__us-gaap--InvestmentTypeAxis__custom--CommercialRealEstateOneMember_fKDEp_zEk23O0OZ6Ci" style="width: 11%; text-align: right" title="Real estate held for investment (net of accumulated depreciation)">147,627,946</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td id="xdx_98B_ecustom--TotalSquareFootage_iI_uSqft_c20230331__srt--StatementGeographicalAxis__stpr--UT__us-gaap--InvestmentTypeAxis__custom--CommercialRealEstateOneMember_fKDEp_ze9Y3qnkXoYl" style="width: 11%; text-align: right" title="Total square footage">625,920</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td id="xdx_98A_ecustom--TotalSquareFootage_iI_uSqft_c20221231__srt--StatementGeographicalAxis__stpr--UT__us-gaap--InvestmentTypeAxis__custom--CommercialRealEstateOneMember_fKDEp_ziHsyUznbJQj" style="width: 11%; text-align: right" title="Total square footage">625,920</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td>Louisiana</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98D_eus-gaap--RealEstateInvestmentPropertyNet_iI_c20230331__srt--StatementGeographicalAxis__stpr--LA__us-gaap--InvestmentTypeAxis__custom--CommercialRealEstateOneMember_zrY2U05HxTgc" style="text-align: right" title="Real estate held for investment (net of accumulated depreciation)">2,369,405</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_982_eus-gaap--RealEstateInvestmentPropertyNet_iI_c20221231__srt--StatementGeographicalAxis__stpr--LA__us-gaap--InvestmentTypeAxis__custom--CommercialRealEstateOneMember_zp527ZjD1y2d" style="text-align: right" title="Real estate held for investment (net of accumulated depreciation)">2,380,847</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_980_ecustom--TotalSquareFootage_iI_uSqft_c20230331__srt--StatementGeographicalAxis__stpr--LA__us-gaap--InvestmentTypeAxis__custom--CommercialRealEstateOneMember_zXA9gt2e1bu2" style="text-align: right" title="Total square footage">31,778</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_986_ecustom--TotalSquareFootage_iI_uSqft_c20221231__srt--StatementGeographicalAxis__stpr--LA__us-gaap--InvestmentTypeAxis__custom--CommercialRealEstateOneMember_zjvgzUPdRBKd" style="text-align: right" title="Total square footage">31,778</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-bottom: 1pt">Mississippi</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_989_eus-gaap--RealEstateInvestmentPropertyNet_iI_c20230331__srt--StatementGeographicalAxis__stpr--MS__us-gaap--InvestmentTypeAxis__custom--CommercialRealEstateOneMember_zX5W0SvvnpMf" style="border-bottom: Black 1pt solid; text-align: right" title="Real estate held for investment (net of accumulated depreciation)">2,950,961</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_987_eus-gaap--RealEstateInvestmentPropertyNet_iI_c20221231__srt--StatementGeographicalAxis__stpr--MS__us-gaap--InvestmentTypeAxis__custom--CommercialRealEstateOneMember_zfj1e1jWc7Ml" style="border-bottom: Black 1pt solid; text-align: right" title="Real estate held for investment (net of accumulated depreciation)">2,881,863</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="padding-bottom: 1pt; text-align: left"> </td><td id="xdx_982_ecustom--TotalSquareFootage_iI_uSqft_c20230331__srt--StatementGeographicalAxis__stpr--MS__us-gaap--InvestmentTypeAxis__custom--CommercialRealEstateOneMember_z2Vrr8Tlwsvj" style="border-bottom: Black 1pt solid; text-align: right" title="Total square footage">19,694</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="padding-bottom: 1pt; text-align: left"> </td><td id="xdx_98B_ecustom--TotalSquareFootage_iI_uSqft_c20221231__srt--StatementGeographicalAxis__stpr--MS__us-gaap--InvestmentTypeAxis__custom--CommercialRealEstateOneMember_zpBdnUZM2m48" style="border-bottom: Black 1pt solid; text-align: right" title="Total square footage">19,694</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-bottom: 2.5pt"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98E_eus-gaap--RealEstateInvestmentPropertyNet_iI_c20230331__us-gaap--InvestmentTypeAxis__custom--CommercialRealEstateOneMember_zaNsg2aRmqze" style="border-bottom: Black 2.5pt double; text-align: right" title="Real estate held for investment (net of accumulated depreciation)">151,718,145</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_985_eus-gaap--RealEstateInvestmentPropertyNet_iI_c20221231__us-gaap--InvestmentTypeAxis__custom--CommercialRealEstateOneMember_zyuEpAGhSeAj" style="border-bottom: Black 2.5pt double; text-align: right" title="Real estate held for investment (net of accumulated depreciation)">152,890,656</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td><td id="xdx_981_ecustom--TotalSquareFootage_iI_uSqft_c20230331__us-gaap--InvestmentTypeAxis__custom--CommercialRealEstateOneMember_zLxB84ARXIE1" style="border-bottom: Black 2.5pt double; text-align: right" title="Total square footage">677,392</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td><td id="xdx_984_ecustom--TotalSquareFootage_iI_uSqft_c20221231__us-gaap--InvestmentTypeAxis__custom--CommercialRealEstateOneMember_zGTHGd6dcqni" style="border-bottom: Black 2.5pt double; text-align: right" title="Total square footage">677,392</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> <div style="width: 25%"><div style="border-top: Black 1pt solid; font-size: 1pt"> </div></div> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom"> <td style="width: 0.25in">(1)</td> <td style="font: 10pt Times New Roman, Times, Serif">Includes Center53 phase 1 and phase 2</td></tr> </table> The Company’s commercial real estate held for sale is summarized as follows as of the respective dates indicated: <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 50%"> <tr style="vertical-align: bottom"> <td> </td><td style="padding-bottom: 1pt"> </td> <td colspan="6" style="border-bottom: Black 1pt solid; text-align: center">Net Book Value</td><td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">March 31 2023</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">December 31 2022</td><td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-bottom: 1pt; width: 60%">Mississippi (1)</td><td style="padding-bottom: 1pt; width: 2%"> </td> <td style="border-bottom: Black 1pt solid; width: 1%; text-align: left">$</td><td id="xdx_982_eus-gaap--RealEstateHeldforsale_iI_c20230331__srt--StatementGeographicalAxis__stpr--MS__us-gaap--InvestmentTypeAxis__custom--CommercialRealEstateOneMember_fKDEp_zWGUbMdFBqWb" style="border-bottom: Black 1pt solid; width: 16%; text-align: right" title="Real estate held for sale">151,553</td><td style="padding-bottom: 1pt; width: 1%; text-align: left"> </td><td style="padding-bottom: 1pt; width: 2%"> </td> <td style="border-bottom: Black 1pt solid; width: 1%; text-align: left">$</td><td id="xdx_983_eus-gaap--RealEstateHeldforsale_iI_c20221231__srt--StatementGeographicalAxis__stpr--MS__us-gaap--InvestmentTypeAxis__custom--CommercialRealEstateOneMember_fKDEp_zytatIKqBHG8" style="border-bottom: Black 1pt solid; width: 16%; text-align: right" title="Real estate held for sale">151,553</td><td style="padding-bottom: 1pt; width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-bottom: 2.5pt"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_984_eus-gaap--RealEstateHeldforsale_iI_c20230331__us-gaap--InvestmentTypeAxis__custom--CommercialRealEstateOneMember_zmLdPQgmDzGf" style="border-bottom: Black 2.5pt double; text-align: right" title="Real estate held for sale">151,553</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98F_eus-gaap--RealEstateHeldforsale_iI_c20221231__us-gaap--InvestmentTypeAxis__custom--CommercialRealEstateOneMember_zUojxt6OBcN4" style="border-bottom: Black 2.5pt double; text-align: right" title="Real estate held for sale">151,553</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> <div style="width: 25%"><div style="border-top: Black 1pt solid; font-size: 1pt"> </div></div> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom"> <td style="width: 0.25in">(1)</td> <td style="font: 10pt Times New Roman, Times, Serif">Consists of approximately 93 acres of undeveloped land</td></tr> </table> This property is being marketed with the assistance of commercial real estate brokers in Mississippi. Residential Real Estate Held for Investment and Held for Sale The Company occasionally acquires a small portfolio of residential homes primarily as a result of loan foreclosures. The Company has the option to sell these properties or to continue to hold them for expected cash flow and price appreciation. The Company also invests in residential subdivision land developments. SECURITY NATIONAL FINANCIAL CORPORATION AND SUBSIDIARIES Notes to Condensed Consolidated Financial Statements March 31, 2023 (Unaudited) 3) Investments (Continued) The Company established Security National Real Estate Services (“SNRE”) to manage its residential property portfolio. SNRE cultivates and maintains the preferred vendor relationships necessary to manage costs and quality of work performed on the Company’s entire residential property portfolio. During the three month periods ended March 31, 2023, and 2022 the Company did not record any impairment losses on residential real estate held for sale or held for investment. Impairment losses, if any, are included in gains (losses) on investment and other assets on the condensed consolidated statements of earnings. During the three month periods ended March 31, 2023, and 2022, the Company recorded depreciation expense on residential real estate held for investment of $2,648 and $2,648, respectively. Residential real estate held for investment is stated at cost and is depreciated over the estimated useful life, primarily using the straight-line method. Depreciation is included in net investment income on the consolidated statements of earnings. The Company’s residential real estate held for investment is summarized as follows as of the respective dates indicated: Schedule of Residential Real Estate Investment <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 50%"> <tr style="vertical-align: bottom"> <td> </td><td style="padding-bottom: 1pt"> </td> <td colspan="6" style="border-bottom: Black 1pt solid; text-align: center">Net Book Value</td><td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">March 31 2023</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">December 31 2022</td><td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 56%; padding-bottom: 1pt">Utah (1)</td><td style="width: 8%; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; width: 1%; text-align: left">$</td><td id="xdx_987_eus-gaap--RealEstateInvestmentPropertyNet_iI_c20230331__srt--StatementGeographicalAxis__stpr--UT__us-gaap--InvestmentTypeAxis__us-gaap--ResidentialRealEstateMember_fKDEp_zTmLhk6Rizs7" style="border-bottom: Black 1pt solid; width: 12%; text-align: right" title="Real estate held for investment">35,358,867</td><td style="width: 1%; padding-bottom: 1pt; text-align: left"> </td><td style="width: 8%; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; width: 1%; text-align: left">$</td><td id="xdx_984_eus-gaap--RealEstateInvestmentPropertyNet_iI_c20221231__srt--StatementGeographicalAxis__stpr--UT__us-gaap--InvestmentTypeAxis__us-gaap--ResidentialRealEstateMember_fKDEp_zYjXqellGJ8c" style="border-bottom: Black 1pt solid; width: 12%; text-align: right" title="Real estate held for investment">38,437,960</td><td style="width: 1%; padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-bottom: 2.5pt"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98A_eus-gaap--RealEstateInvestmentPropertyNet_iI_c20230331__us-gaap--InvestmentTypeAxis__us-gaap--ResidentialRealEstateMember_zk9TbJYUuUG1" style="border-bottom: Black 2.5pt double; text-align: right" title="Real estate held for investment">35,358,867</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_989_eus-gaap--RealEstateInvestmentPropertyNet_iI_c20221231__us-gaap--InvestmentTypeAxis__us-gaap--ResidentialRealEstateMember_zNgkVnbvLJHg" style="border-bottom: Black 2.5pt double; text-align: right" title="Real estate held for investment">38,437,960</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> <div style="margin-top: 0pt; margin-bottom: 0pt; width: 25%"><div style="border-top: Black 1pt solid; font-size: 1pt"> </div></div> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom"> <td style="width: 0.25in">(1)</td> <td style="font: 10pt Times New Roman, Times, Serif; white-space: nowrap">Includes subdivision land developments</td></tr> </table> The following table presents additional information regarding the Company’s subdivision land developments in Utah. <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 50%"> <tr style="vertical-align: bottom"> <td> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">March 31 2023</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">December 31 2022</td><td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 56%; text-align: left">Lots developed</td><td style="width: 8%"> </td> <td style="width: 1%; text-align: left"> </td><td id="xdx_98E_ecustom--LotsDeveloped_c20230101__20230331__us-gaap--PropertyPlantAndEquipmentByTypeAxis__custom--LandDevelopmentsMember__srt--StatementGeographicalAxis__stpr--UT_zFweREl2zQn3" style="width: 12%; text-align: right" title="Lots developed">67</td><td style="width: 1%; text-align: left"> </td><td style="width: 8%"> </td> <td style="width: 1%; text-align: left"> </td><td id="xdx_980_ecustom--LotsDeveloped_c20220101__20221231__us-gaap--PropertyPlantAndEquipmentByTypeAxis__custom--LandDevelopmentsMember__srt--StatementGeographicalAxis__stpr--UT_zHMGKn7wll27" style="width: 12%; text-align: right" title="Lots developed">80</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Lots to be developed</td><td> </td> <td style="text-align: left"> </td><td id="xdx_982_ecustom--LotsToBeDeveloped_c20230101__20230331__us-gaap--PropertyPlantAndEquipmentByTypeAxis__custom--LandDevelopmentsMember__srt--StatementGeographicalAxis__stpr--UT_zPYi1aL23Kh7" style="text-align: right" title="Lots to be developed">1,123</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_980_ecustom--LotsToBeDeveloped_c20220101__20221231__us-gaap--PropertyPlantAndEquipmentByTypeAxis__custom--LandDevelopmentsMember__srt--StatementGeographicalAxis__stpr--UT_zJ72gkUkfd3g" style="text-align: right" title="Lots to be developed">1,131</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td>Book Value</td><td> </td> <td style="text-align: left">$</td><td id="xdx_98F_eus-gaap--RealEstateInvestmentPropertyNet_iI_c20230331__us-gaap--PropertyPlantAndEquipmentByTypeAxis__custom--LandDevelopmentsMember__srt--StatementGeographicalAxis__stpr--UT_zOoXwgYmuFGf" style="text-align: right" title="Real estate held for investment (net of accumulated depreciation)">34,825,972</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td id="xdx_98B_eus-gaap--RealEstateInvestmentPropertyNet_iI_c20221231__us-gaap--PropertyPlantAndEquipmentByTypeAxis__custom--LandDevelopmentsMember__srt--StatementGeographicalAxis__stpr--UT_zuCA5Jxjvfuc" style="text-align: right" title="Real estate held for investment (net of accumulated depreciation)">38,241,705</td><td style="text-align: left"> </td></tr> </table> The Company’s residential real estate held for sale is summarized as follows as of the respective dates indicated: <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 50%"> <tr style="vertical-align: bottom"> <td style="text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="6" style="border-bottom: Black 1pt solid; text-align: center">Net Book Value</td><td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom"> <td style="text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">March 31 2023</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">December 31 2022</td><td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-bottom: 1pt; width: 60%; text-align: left">Utah</td><td style="width: 1%; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; width: 2%; text-align: left">$</td><td id="xdx_988_eus-gaap--RealEstateHeldforsale_iI_c20230331__us-gaap--InvestmentTypeAxis__us-gaap--ResidentialRealEstateMember__srt--StatementGeographicalAxis__stpr--UT_zfEZAmW4KO42" style="border-bottom: Black 1pt solid; width: 16%; text-align: right" title="Real estate held for sale">7,238,709</td><td style="width: 1%; padding-bottom: 1pt; text-align: left"> </td><td style="width: 2%; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; width: 1%; text-align: left">$</td><td id="xdx_986_eus-gaap--RealEstateHeldforsale_iI_c20221231__us-gaap--InvestmentTypeAxis__us-gaap--ResidentialRealEstateMember__srt--StatementGeographicalAxis__stpr--UT_zRtKfXUktne8" style="border-bottom: Black 1pt solid; width: 16%; text-align: right" title="Real estate held for sale">11,010,029</td><td style="width: 1%; padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_989_eus-gaap--RealEstateHeldforsale_iI_c20230331__us-gaap--InvestmentTypeAxis__us-gaap--ResidentialRealEstateMember_zZaLWnM4aUag" style="border-bottom: Black 2.5pt double; text-align: right" title="Real estate held for sale">7,238,709</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98C_eus-gaap--RealEstateHeldforsale_iI_c20221231__us-gaap--InvestmentTypeAxis__us-gaap--ResidentialRealEstateMember_zx2NFmXMfHGf" style="border-bottom: Black 2.5pt double; text-align: right" title="Real estate held for sale">11,010,029</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> The net book value of foreclosed residential real estate included in residential real estate held for sale was $5,570,788 and $11,010,029 as of March 31, 2023, and December 31, 2022, respectively. SECURITY NATIONAL FINANCIAL CORPORATION AND SUBSIDIARIES Notes to Condensed Consolidated Financial Statements March 31, 2023 (Unaudited) 3) Investments (Continued) Real Estate Owned and Occupied by the Company The primary business units of the Company occupy a portion of the real estate owned by the Company. As of March 31, 2023, real estate owned and occupied by the Company is summarized as follows: Schedule of Real Estate Owned and Occupied by the Company <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: bottom"> <td style="border-bottom: Black 1pt solid">Location</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid">Business Segment</td><td style="padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Approximate Square Footage</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Square Footage Occupied by the Company</td><td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; width: 30%">433 Ascension Way, Floors 4, 5 and 6, Salt Lake City, UT - Center53 Building 2 (1)</td><td style="width: 2%"> </td> <td style="width: 30%; text-align: left">Corporate Offices, Life Insurance, Cemetery/Mortuary Operations, and Mortgage Operations and Sales</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 15%; text-align: right">221,000</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 15%; text-align: right"><span id="xdx_90D_ecustom--SquareFootageOccupiedByTheCompany_iI_pid_dp_uPure_c20230331__us-gaap--StatementBusinessSegmentsAxis__custom--MortgageOperationsMember_fKDEp_zgWjQqnorbG6" title="Square footage occupied by the company">50</td><td style="width: 1%; text-align: left">%</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left">1044 River Oaks Dr., Flowood, MS (1)</td><td> </td> <td style="text-align: left">Life Insurance Operations</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">19,694</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"><span id="xdx_909_ecustom--SquareFootageOccupiedByTheCompany_iI_pid_dp_uPure_c20230331__us-gaap--StatementBusinessSegmentsAxis__custom--LifeInsuranceOperationsMember_fKDEp_zuuckODHDAP9" title="Square footage occupied by the company">28</td><td style="text-align: left">%</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">1818 Marshall Street, Shreveport, LA (2)</td><td> </td> <td style="text-align: left">Life Insurance Operations</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">12,274</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"><span id="xdx_905_ecustom--SquareFootageOccupiedByTheCompany_iI_pid_dp_uPure_c20230331__us-gaap--StatementBusinessSegmentsAxis__custom--LifeInsuranceOperations1Member_fKDIp_zsSxV1BvrAQ3" title="Square footage occupied by the company">100</td><td style="text-align: left">%</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left">909 Foisy Street, Alexandria, LA (2)</td><td> </td> <td style="text-align: left">Life Insurance Sales</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">8,059</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"><span id="xdx_90E_ecustom--SquareFootageOccupiedByTheCompany_iI_pid_dp_uPure_c20230331__us-gaap--StatementBusinessSegmentsAxis__custom--LifeInsuranceSalesMember_fKDIp_zJ7lz7oN5VY7" title="Square footage occupied by the company">100</td><td style="text-align: left">%</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">812 Sheppard Street, Minden, LA (2)</td><td> </td> <td style="text-align: left">Life Insurance Sales</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">1,560</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"><span id="xdx_90F_ecustom--SquareFootageOccupiedByTheCompany_iI_pid_dp_uPure_c20230331__us-gaap--StatementBusinessSegmentsAxis__custom--LifeInsuranceSales1Member_fKDIp_zUXvcuA8Bzpa" title="Square footage occupied by the company">100</td><td style="text-align: left">%</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left">1550 N 3rd Street, Jena, LA (2)</td><td> </td> <td style="text-align: left">Life Insurance Sales</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">1,737</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"><span id="xdx_909_ecustom--SquareFootageOccupiedByTheCompany_iI_pid_dp_uPure_c20230331__us-gaap--StatementBusinessSegmentsAxis__custom--LifeInsuranceSales2Member_fKDIp_z58bUBfuCXe5" title="Square footage occupied by the company">100</td><td style="text-align: left">%</td></tr> </table> <div style="margin-top: 0pt; margin-bottom: 0pt; width: 25%"><div style="border-top: Black 1pt solid; font-size: 1pt"> </div></div> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom"> <td style="width: 0.25in">(1)</td> <td style="font: 10pt Times New Roman, Times, Serif; white-space: nowrap">Included in real estate held for investment on the condensed consolidated balance sheets</td> </tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom"> <td>(2)</td> <td style="font: 10pt Times New Roman, Times, Serif; white-space: nowrap">Included in property and equipment on the condensed consolidated balance sheets</td> </tr> </table> Mortgage Loans Held for Investment Mortgage loans held for investment consist of first and second mortgages. The mortgage loans bear interest at rates ranging from 2.0% to 10.5%, maturity dates range from nine months to 30 years and the loans are secured by real estate. Concentrations of credit risk arise when a number of mortgage loan debtors have similar economic characteristics that would cause their ability to meet contractual obligations to be similarly affected by changes in economic conditions. Although the Company has a diversified mortgage loan portfolio consisting of residential mortgages, commercial loans and residential construction loans and requires collateral on all real estate exposures, a substantial portion of its debtors’ ability to honor obligations is reliant on the economic stability of the geographic region in which the debtors do business or are employed. As of March 31, 2023, the Company had 60%, 10%, 6%, 5%, 5%, 3% and 3% of its mortgage loans from borrowers located in the states of Utah, Florida, California, Texas, Arizona, Hawaii, and Nevada, respectively. As of December 31, 2022, the Company had 64%, 10%, 5%, 5%, 3% and 3% of its mortgage loans from borrowers located in the states of Utah, Florida, California, Texas, Nevada, and Arizona, respectively. Mortgage loans held for investment are carried at their unpaid principal balances adjusted for net deferred fees, charge-offs, premiums, discounts, and the related allowance for credit losses. Interest income is included in net investment income on the condensed consolidated statements of earnings and is recognized when earned. The Company defers related material loan origination fees, net of related direct loan origination costs, and amortizes the net fees over the term of the loans. Origination fees are included in net investment income on the condensed consolidated statements of earnings. Mortgage loans are secured by the underlying property and require an appraisal at the time of underwriting and funding. Generally, the Company requires that loans not exceed 80% of the fair market value of the respective loan collateral. For loans in excess of 80% of the fair market value of the respective loan collateral, additional collateral or mortgage insurance by an approved third-party insurer is required. SECURITY NATIONAL FINANCIAL CORPORATION AND SUBSIDIARIES Notes to Condensed Consolidated Financial Statements March 31, 2023 (Unaudited) 3) Investments (Continued) Evaluation of Allowance for Credit Losses See Note 2 regarding the adoption of ASU 2016-13. The allowance for credit losses is a valuation account that is deducted from the amortized cost basis of the Company’s mortgage loans held for investment to present the net amount expected to be collected. The Company reports in net earnings, as a credit loss expense, the amount necessary to adjust the allowance for credit losses for the Company’s current estimate of expected credit losses on mortgage loans held for investment. This credit loss expense is included in other expenses on the condensed consolidated statements of earnings. Once a mortgage loan is past due 90 days, it is the policy of the Company to end the accrual of interest income on the loan and write off any interest income that had been accrued. Given this policy of timely writing off uncollectible accrued interest, the Company does not measure a credit loss allowance on accrued interest receivable as it writes off any uncollectible accrued interest receivable balances to net investment income in a timely manner. Accrued interest receivable is included in accrued investment income on the condensed consolidated balance sheets. Payments received for mortgage loans on a non-accrual status are recognized on a cash basis. Interest income recognized from any payments received for mortgage loans on a non-accrual status was immaterial. Accrual of interest resumes if a mortgage loan is brought current. Interest not accrued on these loans totaled approximately $110,000 and $226,000 as of March 31, 2023, and December 31, 2022, respectively. The Company measures expected credit losses based on the fair value of the collateral when the Company determines that foreclosure is probable. When a mortgage loan becomes delinquent, the Company proceeds to foreclose and all expenses for foreclosure are expensed as incurred. Once foreclosed, the property is classified as real estate held for investment or held for sale. For purposes of determining the allowance for credit losses, the Company has segmented its mortgage loans held for investment by loan type. The Company’s loan types are commercial, residential, and residential construction. The inherent risks within the portfolio vary depending upon the loan type as follows: Commercial - Underwritten in accordance with the Company’s policies to determine the borrower’s ability to repay the obligation as agreed. Commercial loans are made primarily based on the underlying collateral supporting the loan. Accordingly, the repayment of a commercial loan depends primarily on the collateral and its ability to generate income and secondarily on the borrower’s (or guarantors) ability to repay. Commercial loans are evaluated for credit loss by analyzing loan attributes that are predictors for future credit losses. The Company uses a combination of the debt service coverage ratio (“DSCR”) and loan to value (“LTV”) to group similar commercial loans. The Company applies a future loss factor to the outstanding balance of each group to arrive at the allowance for credit loss. Residential — These loans are secured by first and second mortgages on single family dwellings. The borrower’s ability to repay is sensitive to the life events and the general economic condition of the region. Where loan to value exceeds 80%, the loan is generally guaranteed by private mortgage insurance, the FHA, or VA. The Company uses a third-party to provide a monthly analysis of its residential portfolio for credit losses. The third-party uses the Company’s current loan data and runs it through various models to project cash flows and provide a projected life of loan loss. The models consider loan features such as loan type, loan to value, payment status, age, and current property values. The Company also considers historical delinquency rates and current unemployment trends. SECURITY NATIONAL FINANCIAL CORPORATION AND SUBSIDIARIES Notes to Condensed Consolidated Financial Statements March 31, 2023 (Unaudited) 3) Investments (Continued) Residential construction (including land acquisition and development) – These loans are underwritten in accordance with the Company’s underwriting policies, which include a financial analysis of the builders, borrowers (guarantors), construction cost estimates, and independent appraisal valuations, and factor in estimates of the value of construction projects upon completion. Construction loans generally involve the disbursement of substantial funds over a short period of time with repayment substantially dependent upon the success of the completed project and the ability of the borrower to secure long-term financing. Additionally, land acquisition and development loans are underwritten in accordance with the Company’s underwriting policies, which include independent appraisal valuations as well as the estimated value associated with the land upon completion of development into finished lots. These loans are considered to be of a higher risk than other mortgage loans due to their ultimate repayment being sensitive to general economic conditions, availability of long-term or construction financing, and interest rate sensitivity. To determine the allowance for credit losses on residential construction mortgage loans, the Company considers historical activity and housing market trends. Given the continued volatility in the housing market, the Company has adjusted its credit loss analysis. <p id="xdx_892_ecustom--ScheduleOfAllowanceForLoanLossesTableTextBlock_zL3vycfiZJs8" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify">The following table presents a roll forward of the allowance for credit losses as of the dates indicated. Schedule of Allowance for Loan Losses <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 80%"> <tr style="vertical-align: bottom"> <td> </td><td> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Commercial</td><td> </td><td> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Residential</td><td> </td><td> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Residential Construction</td><td> </td><td> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Total</td><td> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-decoration: underline; font-weight: bold">March 31, 2023</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Allowance for credit losses:</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 44%">Beginning balance - January 1, 2023</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_989_eus-gaap--FinancingReceivableAllowanceForCreditLosses_iS_pp0p0_c20230101__20230331__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember_zN6qXRQpseWf" style="width: 10%; text-align: right" title="Financing Receivable, Allowance for Credit Loss, Beginning">187,129</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_98A_eus-gaap--FinancingReceivableAllowanceForCreditLosses_iS_pp0p0_c20230101__20230331__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember_zKZ2ysDSUwPk" style="width: 10%; text-align: right" title="Financing Receivable, Allowance for Credit Loss, Beginning">1,739,980</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_981_eus-gaap--FinancingReceivableAllowanceForCreditLosses_iS_pp0p0_c20230101__20230331__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember_zqMRZOR1jFbi" style="width: 10%; text-align: right" title="Financing Receivable, Allowance for Credit Loss, Beginning">43,202</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_986_eus-gaap--FinancingReceivableAllowanceForCreditLosses_iS_pp0p0_c20230101__20230331_znMKUXprF4Vl" style="width: 10%; text-align: right" title="Financing Receivable, Allowance for Credit Loss, Beginning">1,970,311</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-left: 10pt; text-align: left">Cumulative effect adjustment upon adoption of new accounting standard (ASU 2016-13)</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98B_ecustom--AllowanceForCreditLossesCumulativeEffectAdjustmentUponAdoptionOfNewAccountingStandard_c20230101__20230331__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember_fKDEp_zhl0PuhMjZR8" style="text-align: right" title="Cumulative effect adjustment upon adoption of new accounting standard (ASU 2016-13)">555,807</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_985_ecustom--AllowanceForCreditLossesCumulativeEffectAdjustmentUponAdoptionOfNewAccountingStandard_c20230101__20230331__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember_fKDEp_zqAmyzJMCCs7" style="text-align: right" title="Cumulative effect adjustment upon adoption of new accounting standard (ASU 2016-13)">(192,607</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td id="xdx_983_ecustom--AllowanceForCreditLossesCumulativeEffectAdjustmentUponAdoptionOfNewAccountingStandard_c20230101__20230331__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember_fKDEp_zWLcbJyVpV9c" style="text-align: right" title="Cumulative effect adjustment upon adoption of new accounting standard (ASU 2016-13)">301,830</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98C_ecustom--AllowanceForCreditLossesCumulativeEffectAdjustmentUponAdoptionOfNewAccountingStandard_c20230101__20230331_fKDEp_zM2bbi86aOuk" style="text-align: right" title="Cumulative effect adjustment upon adoption of new accounting standard (ASU 2016-13)">665,030</td><td id="xdx_F28_zOt7zvzk8OY8" style="text-align: left">(1)</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 10pt; text-align: left">Change in provision for credit losses</td><td> </td> <td style="text-align: left"> </td><td id="xdx_980_ecustom--AllowanceForCreditLossesProvision_c20230101__20230331__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember_fKDIp_z6YKldHGMf14" style="text-align: right" title="Provision for credit losses">15,195</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98D_ecustom--AllowanceForCreditLossesProvision_c20230101__20230331__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember_fKDIp_zUyUjKIYOa4i" style="text-align: right" title="Provision for credit losses">137,727</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_982_ecustom--AllowanceForCreditLossesProvision_c20230101__20230331__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember_fKDIp_zN1xdbwrDMaj" style="text-align: right" title="Provision for credit losses">(52,844</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td id="xdx_983_ecustom--AllowanceForCreditLossesProvision_c20230101__20230331_fKDIp_zcAxB7vorkZf" style="text-align: right" title="Provision for credit losses">100,078</td><td id="xdx_F25_zUkCeJNZ1u38" style="text-align: left">(2)</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-left: 10pt">Charge-offs</td><td> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_986_ecustom--AllowanceForCreditLossesChargeOffs_c20230101__20230331__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember_z8IX80dHTSJ1" style="border-bottom: Black 1pt solid; text-align: right" title="Allowance for credit losses, charge-offs">-</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_988_ecustom--AllowanceForCreditLossesChargeOffs_c20230101__20230331__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember_z3qwif6ZWgki" style="border-bottom: Black 1pt solid; text-align: right" title="Allowance for credit losses, charge-offs">-</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_981_ecustom--AllowanceForCreditLossesChargeOffs_c20230101__20230331__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember_zfTU4J4nmr1f" style="border-bottom: Black 1pt solid; text-align: right" title="Allowance for credit losses, charge-offs">-</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98E_ecustom--AllowanceForCreditLossesChargeOffs_c20230101__20230331_zM1L5PGXPdY6" style="border-bottom: Black 1pt solid; text-align: right" title="Allowance for credit losses, charge-offs">-</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td>Ending balance - March 31, 2023</td><td> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_986_eus-gaap--FinancingReceivableAllowanceForCreditLosses_iE_pp0p0_c20230101__20230331__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember_zF4BCfqeK50f" style="border-bottom: Black 2.5pt double; text-align: right" title="Financing Receivable, Allowance for Credit Loss, Ending">758,131</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_980_eus-gaap--FinancingReceivableAllowanceForCreditLosses_iE_pp0p0_c20230101__20230331__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember_zBgLDs0zXV09" style="border-bottom: Black 2.5pt double; text-align: right" title="Financing Receivable, Allowance for Credit Loss, Ending">1,685,100</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_984_eus-gaap--FinancingReceivableAllowanceForCreditLosses_iE_pp0p0_c20230101__20230331__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember_ztN7iKKUFDJ2" style="border-bottom: Black 2.5pt double; text-align: right" title="Financing Receivable, Allowance for Credit Loss, Ending">292,188</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_983_eus-gaap--FinancingReceivableAllowanceForCreditLosses_iE_pp0p0_c20230101__20230331_zfDcLsqjzc5d" style="border-bottom: Black 2.5pt double; text-align: right" title="Financing Receivable, Allowance for Credit Loss, Ending">2,735,419</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-decoration: underline; font-weight: bold">December 31, 2022</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Allowance for credit losses:</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td>Beginning balance - January 1, 2022</td><td> </td> <td style="text-align: left">$</td><td id="xdx_984_eus-gaap--FinancingReceivableAllowanceForCreditLosses_iS_pp0p0_c20220101__20221231__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember_zM4Oj3I33skk" style="text-align: right" title="Financing Receivable, Allowance for Credit Loss, Beginning">187,129</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td id="xdx_987_eus-gaap--FinancingReceivableAllowanceForCreditLosses_iS_pp0p0_c20220101__20221231__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember_znSSv0KZSvsg" style="text-align: right" title="Financing Receivable, Allowance for Credit Loss, Beginning">1,469,571</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td id="xdx_989_eus-gaap--FinancingReceivableAllowanceForCreditLosses_iS_pp0p0_c20220101__20221231__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember_zCrDVl595NU2" style="text-align: right" title="Financing Receivable, Allowance for Credit Loss, Beginning">43,202</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td id="xdx_986_eus-gaap--FinancingReceivableAllowanceForCreditLosses_iS_pp0p0_c20220101__20221231_zat93jmFczP9" style="text-align: right" title="Financing receivable, allowance for credit loss, beginning balance">1,699,902</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-left: 10pt; text-align: left">Change in provision for credit losses</td><td> </td> <td style="text-align: left"> </td><td id="xdx_987_ecustom--AllowanceForCreditLossesProvision_pdp0_c20220101__20221231__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember_fKDIp_zrE36D6TppG8" style="text-align: right" title="Allowance for Credit Losses, Provision">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98E_ecustom--AllowanceForCreditLossesProvision_pp0p0_c20220101__20221231__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember_fKDIp_zMErbsGvgBhk" style="text-align: right" title="Allowance for Credit Losses, Provision">270,409</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98F_ecustom--AllowanceForCreditLossesProvision_pdp0_c20220101__20221231__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember_fKDIp_zSscg6FEhni1" style="text-align: right" title="Allowance for Credit Losses, Provision">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_987_ecustom--AllowanceForCreditLossesProvision_pp0p0_c20220101__20221231_fKDIp_zXrYjlYXWxb7" style="text-align: right" title="Allowance for credit losses, provision">270,409</td><td id="xdx_F28_zpBgR7bfUuhi" style="text-align: left">(2)</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 10pt">Charge-offs</td><td> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_989_ecustom--AllowanceForCreditLossesChargeOffs_pdp0_c20220101__20221231__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember_zstEarMPYi81" style="border-bottom: Black 1pt solid; text-align: right" title="Allowance for credit losses, Charge-offs">-</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98B_ecustom--AllowanceForCreditLossesChargeOffs_pdp0_c20220101__20221231__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember_z00pqDz3l3hb" style="border-bottom: Black 1pt solid; text-align: right" title="Allowance for credit losses, Charge-offs">-</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_987_ecustom--AllowanceForCreditLossesChargeOffs_pdp0_c20220101__20221231__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember_zi5CWD17osW1" style="border-bottom: Black 1pt solid; text-align: right" title="Allowance for credit losses, Charge-offs">-</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98C_ecustom--AllowanceForCreditLossesChargeOffs_pdp0_c20220101__20221231_zKIXr0vN1i14" style="border-bottom: Black 1pt solid; text-align: right" title="Allowance for credit losses, charge-offs">-</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td>Ending balance - December 31, 2022</td><td> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_988_eus-gaap--FinancingReceivableAllowanceForCreditLosses_iE_pp0p0_c20220101__20221231__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember_zTdA2s8Cptug" style="border-bottom: Black 2.5pt double; text-align: right" title="Financing Receivable, Allowance for Credit Loss, Beginning">187,129</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_987_eus-gaap--FinancingReceivableAllowanceForCreditLosses_iE_pp0p0_c20220101__20221231__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember_zvR7JkC1hOhc" style="border-bottom: Black 2.5pt double; text-align: right" title="Financing Receivable, Allowance for Credit Loss, Beginning">1,739,980</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_988_eus-gaap--FinancingReceivableAllowanceForCreditLosses_iE_pp0p0_c20220101__20221231__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember_z8Bw39aTgQMl" style="border-bottom: Black 2.5pt double; text-align: right" title="Financing Receivable, Allowance for Credit Loss, Beginning">43,202</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_985_eus-gaap--FinancingReceivableAllowanceForCreditLosses_iE_pp0p0_c20220101__20221231_zeZp0lwLfjWd" style="border-bottom: Black 2.5pt double; text-align: right" title="Financing receivable, allowance for credit loss, ending balance">1,970,311</td><td style="text-align: left"> </td></tr> </table> <div style="margin-top: 0pt; margin-bottom: 0pt; width: 25%"><div style="border-top: Black 1pt solid; font-size: 1pt"> </div></div> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in">(1) </td> <td style="font: 10pt Times New Roman, Times, Serif">See Note 2 of the notes to the condensed consolidated financial statements</td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif">(2) </td> <td style="font: 10pt Times New Roman, Times, Serif">Included in other expenses on the condensed consolidated statements of earnings</td></tr> </table> SECURITY NATIONAL FINANCIAL CORPORATION AND SUBSIDIARIES Notes to Condensed Consolidated Financial Statements March 31, 2023 (Unaudited) 3) Investments (Continued) The following table presents the aging of mortgage loans held for investment by loan type as of the dates indicated. Schedule of Aging of Mortgage Loans <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 80%"> <tr style="vertical-align: bottom"> <td> </td><td> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Commercial</td><td> </td><td> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Residential</td><td> </td><td> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Residential Construction</td><td> </td><td> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Total</td><td> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-decoration: underline; font-weight: bold">March 31, 2023</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-left: 10pt; width: 44%; text-align: left">30-59 days past due</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_984_ecustom--MortgageLoansDuringPeriod_pp0p0_c20230101__20230331__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--PastDue30To59DaysMember_zjBguPtEb5ik" style="width: 10%; text-align: right" title="Mortgage Loans during period">3,221,608</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_98A_ecustom--MortgageLoansDuringPeriod_pp0p0_c20230101__20230331__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--PastDue30To59DaysMember_zbPXHA1CmkTh" style="width: 10%; text-align: right" title="Mortgage Loans during period">5,807,400</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_98E_ecustom--MortgageLoansDuringPeriod_pp0p0_c20230101__20230331__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--PastDue30To59DaysMember_zf6a0H4UFJ8c" style="width: 10%; text-align: right" title="Mortgage Loans during period">1,205,232</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_984_ecustom--MortgageLoansDuringPeriod_pp0p0_c20230101__20230331__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--PastDue30To59DaysMember_z3Hlndq6duA4" style="width: 10%; text-align: right" title="Mortgage Loans during period">10,234,240</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 10pt; text-align: left">60-89 days past due</td><td> </td> <td style="text-align: left"> </td><td id="xdx_988_ecustom--MortgageLoansDuringPeriod_pp0p0_c20230101__20230331__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--PastDue60To89DaysMember_zTfPVEupGma" style="text-align: right" title="Mortgage Loans during period">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_981_ecustom--MortgageLoansDuringPeriod_pp0p0_c20230101__20230331__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--PastDue60To89DaysMember_zbRTXMcwSgtb" style="text-align: right" title="Mortgage Loans during period">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_983_ecustom--MortgageLoansDuringPeriod_pp0p0_c20230101__20230331__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--PastDue60To89DaysMember_zw0Y2gI11kJ9" style="text-align: right" title="Mortgage Loans during period">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98C_ecustom--MortgageLoansDuringPeriod_pp0p0_c20230101__20230331__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--PastDue60To89DaysMember_zKkRmQn6r6s8" style="text-align: right" title="Mortgage Loans during period">-</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td id="xdx_F44_zL5rUPs88mJ6" style="padding-left: 10pt; text-align: left">Over 90 days past due (1)</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98B_ecustom--MortgageLoansDuringPeriod_pp0p0_c20230101__20230331__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--PastDue90OrMoreDaysMember_fKDEp_zBEpW7fzqRge" style="text-align: right" title="Mortgage Loans during period">405,000</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_989_ecustom--MortgageLoansDuringPeriod_pp0p0_c20230101__20230331__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--PastDue90OrMoreDaysMember_fKDEp_z6qelS304PNi" style="text-align: right" title="Mortgage Loans during period">2,224,933</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_989_ecustom--MortgageLoansDuringPeriod_pp0p0_c20230101__20230331__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--PastDue90OrMoreDaysMember_fKDEp_zfT4vjS3Qy5b" style="text-align: right" title="Mortgage Loans during period">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_986_ecustom--MortgageLoansDuringPeriod_pp0p0_c20230101__20230331__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--PastDue90OrMoreDaysMember_fKDEp_zfnRBV9HKuba" style="text-align: right" title="Mortgage Loans during period">2,629,933</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td id="xdx_F45_z4tIoAmHhZ1d" style="padding-left: 10pt; text-align: left">In process of foreclosure (1)</td><td> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_985_ecustom--MortgageLoansDuringPeriod_pp0p0_c20230101__20230331__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--InForeclosureMember_fKDEp_zhbP0lyRQqL6" style="border-bottom: Black 1pt solid; text-align: right" title="Mortgage Loans during period">-</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98C_ecustom--MortgageLoansDuringPeriod_pp0p0_c20230101__20230331__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--InForeclosureMember_fKDEp_zQ8zei5pYnqe" style="border-bottom: Black 1pt solid; text-align: right" title="Mortgage Loans during period">713,552</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98D_ecustom--MortgageLoansDuringPeriod_pp0p0_c20230101__20230331__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--InForeclosureMember_fKDEp_zxnAKMGyKOVl" style="border-bottom: Black 1pt solid; text-align: right" title="Mortgage Loans during period">-</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_984_ecustom--MortgageLoansDuringPeriod_pp0p0_c20230101__20230331__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--InForeclosureMember_fKDEp_zzApKBkDwO86" style="border-bottom: Black 1pt solid; text-align: right" title="Mortgage Loans during period">713,552</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-left: 10pt; text-align: left">Total past due</td><td> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_987_ecustom--MortgageLoansDuringPeriod_pp0p0_c20230101__20230331__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--TotalPastDueMember_zEb4JhXJJ4Bb" style="border-bottom: Black 1pt solid; text-align: right" title="Mortgage Loans during period">3,626,608</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_989_ecustom--MortgageLoansDuringPeriod_pp0p0_c20230101__20230331__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--TotalPastDueMember_zqrNTBvrP289" style="border-bottom: Black 1pt solid; text-align: right" title="Mortgage Loans during period">8,745,885</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98A_ecustom--MortgageLoansDuringPeriod_pp0p0_c20230101__20230331__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--TotalPastDueMember_zSKemp3UE6qd" style="border-bottom: Black 1pt solid; text-align: right" title="Mortgage Loans during period">1,205,232</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98A_ecustom--MortgageLoansDuringPeriod_pp0p0_c20230101__20230331__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--TotalPastDueMember_z4B1vh5EpEKd" style="border-bottom: Black 1pt solid; text-align: right" title="Mortgage Loans during period">13,577,725</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 10pt">Current</td><td> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98F_ecustom--MortgageLoansDuringPeriod_pp0p0_c20230101__20230331__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--CurrentMember_zdH1ocBvo4lh" style="border-bottom: Black 1pt solid; text-align: right" title="Mortgage Loans during period">47,180,844</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98D_ecustom--MortgageLoansDuringPeriod_pp0p0_c20230101__20230331__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--CurrentMember_z5TZc4wMm1uf" style="border-bottom: Black 1pt solid; text-align: right" title="Mortgage Loans during period">85,725,328</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_980_ecustom--MortgageLoansDuringPeriod_pp0p0_c20230101__20230331__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--CurrentMember_zX8Y5sFAcq44" style="border-bottom: Black 1pt solid; text-align: right" title="Mortgage Loans during period">144,888,715</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_982_ecustom--MortgageLoansDuringPeriod_pp0p0_c20230101__20230331__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--CurrentMember_zJ0ZQ9sVbqIj" style="border-bottom: Black 1pt solid; text-align: right" title="Mortgage Loans during period">277,794,887</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-left: 10pt; text-align: left">Total mortgage loans</td><td> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_985_ecustom--MortgageLoansDuringPeriod_pp0p0_c20230101__20230331__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember_ziBJQME2xM22" style="border-bottom: Black 1pt solid; text-align: right" title="Mortgage Loans during period">50,807,452</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98C_ecustom--MortgageLoansDuringPeriod_pp0p0_c20230101__20230331__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember_z0mj9z4wX0ub" style="border-bottom: Black 1pt solid; text-align: right" title="Mortgage Loans during period">94,471,213</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_989_ecustom--MortgageLoansDuringPeriod_pp0p0_c20230101__20230331__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember_zLIFyTucxCm3" style="border-bottom: Black 1pt solid; text-align: right" title="Mortgage Loans during period">146,093,947</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98A_ecustom--MortgageLoansDuringPeriod_pp0p0_c20230101__20230331_zH49Fk6ji0w" style="border-bottom: Black 1pt solid; text-align: right" title="Mortgage Loans during period">291,372,612</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 10pt; text-align: left">Allowance for credit losses</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98F_eus-gaap--FinancingReceivableAllowanceForCreditLosses_iNI_pp0p0_di_c20230331__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember_zORBSpooz1hk" style="text-align: right" title="Mortgage Loans, Allowance for Loan Losses">(758,131</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td id="xdx_983_eus-gaap--FinancingReceivableAllowanceForCreditLosses_iNI_pp0p0_di_c20230331__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember_zfGRwEVmR6I6" style="text-align: right" title="Mortgage Loans, Allowance for Loan Losses">(1,685,100</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td id="xdx_989_eus-gaap--FinancingReceivableAllowanceForCreditLosses_iNI_pp0p0_di_c20230331__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember_zUztMpLsyuya" style="text-align: right" title="Mortgage Loans, Allowance for Loan Losses">(292,188</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td id="xdx_980_eus-gaap--FinancingReceivableAllowanceForCreditLosses_iNI_pp0p0_di_c20230331_z2W4K8cKOaTf" style="text-align: right" title="Mortgage Loans, Allowance for Loan Losses">(2,735,419</td><td style="text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-left: 10pt; text-align: left">Unamortized deferred loan fees, net</td><td> </td> <td style="text-align: left"> </td><td id="xdx_985_ecustom--MortgageLoansOnRealEstateAndConstructionUnamortizedDeferredLoanFeesNet_iI_pp0p0_c20230331__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember_zSryBaDvbfLb" style="text-align: right" title="Mortgage Loans, Unamortized deferred loan fees, net">(224,118</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td id="xdx_985_ecustom--MortgageLoansOnRealEstateAndConstructionUnamortizedDeferredLoanFeesNet_iI_pp0p0_c20230331__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember_zJnnswKqxLha" style="text-align: right" title="Mortgage Loans, Unamortized deferred loan fees, net">(1,258,174</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td id="xdx_984_ecustom--MortgageLoansOnRealEstateAndConstructionUnamortizedDeferredLoanFeesNet_iI_pp0p0_c20230331__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember_zWJekGqpxaZ9" style="text-align: right" title="Mortgage Loans, Unamortized deferred loan fees, net">(270,077</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td id="xdx_988_ecustom--MortgageLoansOnRealEstateAndConstructionUnamortizedDeferredLoanFeesNet_iI_pp0p0_c20230331_zJFTEDP3Eaog" style="text-align: right" title="Mortgage Loans, Unamortized deferred loan fees, net">(1,752,369</td><td style="text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 10pt; text-align: left">Unamortized discounts, net</td><td> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_984_ecustom--MortgageLoansOnRealEstateAndConstructionDiscount_iI_pp0p0_c20230331__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember_zPp647Sn2efh" style="border-bottom: Black 1pt solid; text-align: right" title="Mortgage Loans, Unamortized discounts, net">(227,417</td><td style="text-align: left">)</td><td> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98F_ecustom--MortgageLoansOnRealEstateAndConstructionDiscount_iI_pp0p0_c20230331__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember_zW5K83I929Kk" style="border-bottom: Black 1pt solid; text-align: right" title="Mortgage Loans, Unamortized discounts, net">(110,768</td><td style="text-align: left">)</td><td> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_989_ecustom--MortgageLoansOnRealEstateAndConstructionDiscount_iI_pp0p0_c20230331__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember_zcyKszeOkSo9" style="border-bottom: Black 1pt solid; text-align: right" title="Mortgage Loans, Unamortized discounts, net">-</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_983_ecustom--MortgageLoansOnRealEstateAndConstructionDiscount_iI_pp0p0_c20230331_za1Yys6WkpK9" style="border-bottom: Black 1pt solid; text-align: right" title="Mortgage Loans, Unamortized discounts, net">(338,185</td><td style="text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-left: 10pt; text-align: left">Net mortgage loans</td><td> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_988_ecustom--MortgageLoansDuringPeriod_pp0p0_c20230101__20230331__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--NetMortgageLoansMember_zkpj9dNKth0b" style="border-bottom: Black 2.5pt double; text-align: right" title="Mortgage Loans during period">49,597,786</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98E_ecustom--MortgageLoansDuringPeriod_pp0p0_c20230101__20230331__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--NetMortgageLoansMember_zjYAsEgDdhn5" style="border-bottom: Black 2.5pt double; text-align: right" title="Mortgage Loans during period">91,417,171</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98C_ecustom--MortgageLoansDuringPeriod_pp0p0_c20230101__20230331__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--NetMortgageLoansMember_zq5GzKrHRav2" style="border-bottom: Black 2.5pt double; text-align: right" title="Mortgage Loans during period">145,531,682</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_980_ecustom--MortgageLoansDuringPeriod_pp0p0_c20230101__20230331__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--NetMortgageLoansMember_zMYCCG86W3sb" style="border-bottom: Black 2.5pt double; text-align: right" title="Mortgage Loans during period">286,546,639</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-decoration: underline; font-weight: bold">December 31, 2022</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 10pt; text-align: left">30-59 days past due</td><td> </td> <td style="text-align: left">$</td><td id="xdx_980_ecustom--MortgageLoansDuringPeriod_pp0p0_c20220101__20221231__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--PastDue30To59DaysMember_z6ujUzEitZb1" style="text-align: right" title="Mortgage Loans during period">1,000,000</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td id="xdx_986_ecustom--MortgageLoansDuringPeriod_pp0p0_c20220101__20221231__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--PastDue30To59DaysMember_zZ1wIYKYbLH7" style="text-align: right" title="Mortgage Loans during period">3,553,390</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td id="xdx_982_ecustom--MortgageLoansDuringPeriod_pp0p0_c20220101__20221231__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--PastDue30To59DaysMember_z2DNzdJt5Ice" style="text-align: right" title="Mortgage Loans during period">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td id="xdx_98C_ecustom--MortgageLoansDuringPeriod_pp0p0_c20220101__20221231__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--PastDue30To59DaysMember_z07KQlcavenl" style="text-align: right" title="Mortgage Loans during period">4,553,390</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-left: 10pt; text-align: left">60-89 days past due</td><td> </td> <td style="text-align: left"> </td><td id="xdx_989_ecustom--MortgageLoansDuringPeriod_pp0p0_c20220101__20221231__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--PastDue60To89DaysMember_zEf78psLQjX9" style="text-align: right" title="Mortgage Loans during period">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_983_ecustom--MortgageLoansDuringPeriod_pp0p0_c20220101__20221231__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--PastDue60To89DaysMember_zyNzsKAdViq1" style="text-align: right" title="Mortgage Loans during period">814,184</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_983_ecustom--MortgageLoansDuringPeriod_pp0p0_c20220101__20221231__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--PastDue60To89DaysMember_zV6QNWzpH6r4" style="text-align: right" title="Mortgage Loans during period">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_989_ecustom--MortgageLoansDuringPeriod_pp0p0_c20220101__20221231__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--PastDue60To89DaysMember_z2WInUyUDiDf" style="text-align: right" title="Mortgage Loans during period">814,184</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 10pt; text-align: left">Over 90 days past due (1)</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98B_ecustom--MortgageLoansDuringPeriod_pp0p0_c20220101__20221231__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--PastDue90OrMoreDaysMember_fKDEp_zrZOBGzKd3ma" style="text-align: right" title="Mortgage Loans during period">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_985_ecustom--MortgageLoansDuringPeriod_pp0p0_c20220101__20221231__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--PastDue90OrMoreDaysMember_fKDEp_zeKbWTePGGzb" style="text-align: right" title="Mortgage Loans during period">1,286,211</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_981_ecustom--MortgageLoansDuringPeriod_pp0p0_c20220101__20221231__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--PastDue90OrMoreDaysMember_fKDEp_zp9w6XQItx78" style="text-align: right" title="Mortgage Loans during period">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_982_ecustom--MortgageLoansDuringPeriod_pp0p0_c20220101__20221231__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--PastDue90OrMoreDaysMember_fKDEp_zr4BL36BekIc" style="text-align: right" title="Mortgage Loans during period">1,286,211</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-left: 10pt; text-align: left">In process of foreclosure (1)</td><td> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98F_ecustom--MortgageLoansDuringPeriod_pp0p0_c20220101__20221231__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--InForeclosureMember_fKDEp_zrLC1RjoIaZb" style="border-bottom: Black 1pt solid; text-align: right" title="Mortgage Loans during period">405,000</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98C_ecustom--MortgageLoansDuringPeriod_pp0p0_c20220101__20221231__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--InForeclosureMember_fKDEp_zYHdT5MqA5Z8" style="border-bottom: Black 1pt solid; text-align: right" title="Mortgage Loans during period">876,174</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_989_ecustom--MortgageLoansDuringPeriod_pp0p0_c20220101__20221231__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--InForeclosureMember_fKDEp_zYLqwEfZ5Lrl" style="border-bottom: Black 1pt solid; text-align: right" title="Mortgage Loans during period">-</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98D_ecustom--MortgageLoansDuringPeriod_pp0p0_c20220101__20221231__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--InForeclosureMember_fKDEp_zDAFsELWyspd" style="border-bottom: Black 1pt solid; text-align: right" title="Mortgage Loans during period">1,281,174</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 10pt; text-align: left">Total past due</td><td> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98E_ecustom--MortgageLoansDuringPeriod_pp0p0_c20220101__20221231__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--TotalPastDueMember_zSGJe6FkVBbb" style="border-bottom: Black 1pt solid; text-align: right" title="Mortgage Loans during period">1,405,000</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_988_ecustom--MortgageLoansDuringPeriod_pp0p0_c20220101__20221231__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--TotalPastDueMember_zXF0McuRLEd8" style="border-bottom: Black 1pt solid; text-align: right" title="Mortgage Loans during period">6,529,959</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_985_ecustom--MortgageLoansDuringPeriod_pp0p0_c20220101__20221231__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--TotalPastDueMember_z6Q7xxFKjHW3" style="border-bottom: Black 1pt solid; text-align: right" title="Mortgage Loans during period">-</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_986_ecustom--MortgageLoansDuringPeriod_pp0p0_c20220101__20221231__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--TotalPastDueMember_zHMfCdoPb834" style="border-bottom: Black 1pt solid; text-align: right" title="Mortgage Loans during period">7,934,959</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-left: 10pt">Current</td><td> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_984_ecustom--MortgageLoansDuringPeriod_pp0p0_c20220101__20221231__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--CurrentMember_zjlg7Ld7Frvc" style="border-bottom: Black 1pt solid; text-align: right" title="Mortgage Loans during period">44,906,955</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_984_ecustom--MortgageLoansDuringPeriod_pp0p0_c20220101__20221231__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--CurrentMember_zic7TFdAhIv1" style="border-bottom: Black 1pt solid; text-align: right" title="Mortgage Loans during period">86,825,664</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98C_ecustom--MortgageLoansDuringPeriod_pp0p0_c20220101__20221231__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--CurrentMember_zPk6pRT42F22" style="border-bottom: Black 1pt solid; text-align: right" title="Mortgage Loans during period">172,516,125</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98D_ecustom--MortgageLoansDuringPeriod_pp0p0_c20220101__20221231__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--CurrentMember_zRK5EEYnnIE3" style="border-bottom: Black 1pt solid; text-align: right" title="Mortgage Loans during period">304,248,744</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 10pt; text-align: left">Total mortgage loans</td><td> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_988_ecustom--MortgageLoansDuringPeriod_pp0p0_c20220101__20221231__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember_zVBvuZGDz8Dk" style="border-bottom: Black 1pt solid; text-align: right" title="Mortgage Loans during period">46,311,955</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_986_ecustom--MortgageLoansDuringPeriod_pp0p0_c20220101__20221231__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember_zqc8dgU5meN5" style="border-bottom: Black 1pt solid; text-align: right" title="Mortgage Loans during period">93,355,623</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_987_ecustom--MortgageLoansDuringPeriod_pp0p0_c20220101__20221231__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember_zj7nkCwgKUR7" style="border-bottom: Black 1pt solid; text-align: right" title="Mortgage Loans during period">172,516,125</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_986_ecustom--MortgageLoansDuringPeriod_pp0p0_c20220101__20221231_zYTGTtYl2Jr2" style="border-bottom: Black 1pt solid; text-align: right" title="Mortgage Loans during period">312,183,703</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-left: 10pt; text-align: left">Allowance for credit losses</td><td> </td> <td style="text-align: left"> </td><td id="xdx_981_eus-gaap--FinancingReceivableAllowanceForCreditLosses_iNI_pp0p0_di_c20221231__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember_z7d1IrrGhJ2a" style="text-align: right" title="Mortgage Loans, Allowance for Loan Losses">(187,129</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98D_eus-gaap--FinancingReceivableAllowanceForCreditLosses_iNI_pp0p0_di_c20221231__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember_zwMuXWJqKAn3" style="text-align: right" title="Mortgage Loans, Allowance for Loan Losses">(1,739,980</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td id="xdx_981_eus-gaap--FinancingReceivableAllowanceForCreditLosses_iNI_pp0p0_di_c20221231__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember_z2soBpRa3r39" style="text-align: right" title="Mortgage Loans, Allowance for Loan Losses">(43,202</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td id="xdx_986_eus-gaap--FinancingReceivableAllowanceForCreditLosses_iNI_pp0p0_di_c20221231_zvCRJYJoCC9d" style="text-align: right" title="Mortgage loans, allowance for loan losses">(1,970,311</td><td style="text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 10pt; text-align: left">Unamortized deferred loan fees, net</td><td> </td> <td style="text-align: left"> </td><td id="xdx_989_ecustom--MortgageLoansOnRealEstateAndConstructionUnamortizedDeferredLoanFeesNet_iI_pp0p0_c20221231__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember_zM4R4TdSe4M8" style="text-align: right" title="Mortgage Loans, Unamortized deferred loan fees, net">(199,765</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98E_ecustom--MortgageLoansOnRealEstateAndConstructionUnamortizedDeferredLoanFeesNet_iI_pp0p0_c20221231__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember_zpvGwRL4CVZb" style="text-align: right" title="Mortgage Loans, Unamortized deferred loan fees, net">(1,212,994</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td id="xdx_982_ecustom--MortgageLoansOnRealEstateAndConstructionUnamortizedDeferredLoanFeesNet_iI_pp0p0_c20221231__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember_z6fzNhmisvWk" style="text-align: right" title="Mortgage Loans, Unamortized deferred loan fees, net">(333,846</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td id="xdx_988_ecustom--MortgageLoansOnRealEstateAndConstructionUnamortizedDeferredLoanFeesNet_iI_pp0p0_c20221231_zFC7hpZo3nFk" style="text-align: right" title="Mortgage loans, unamortized deferred loan fees, net">(1,746,605</td><td style="text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-left: 10pt; text-align: left">Unamortized discounts, net</td><td> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_980_ecustom--MortgageLoansOnRealEstateAndConstructionDiscount_iI_pp0p0_c20221231__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember_z7Kuw9SyQCU6" style="border-bottom: Black 1pt solid; text-align: right" title="Mortgage Loans, Unamortized discounts, net">(230,987</td><td style="text-align: left">)</td><td> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98D_ecustom--MortgageLoansOnRealEstateAndConstructionDiscount_iI_pp0p0_c20221231__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember_zT76KghiHAfh" style="border-bottom: Black 1pt solid; text-align: right" title="Mortgage Loans, Unamortized discounts, net">(111,873</td><td style="text-align: left">)</td><td> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_982_ecustom--MortgageLoansOnRealEstateAndConstructionDiscount_iI_pp0p0_c20221231__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember_z53iOSlptgY8" style="border-bottom: Black 1pt solid; text-align: right" title="Mortgage Loans, Unamortized discounts, net">-</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_986_ecustom--MortgageLoansOnRealEstateAndConstructionDiscount_iI_pp0p0_c20221231_zOGYuNZauDq2" style="border-bottom: Black 1pt solid; text-align: right" title="Mortgage loans, unamortized discounts, net">(342,860</td><td style="text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 10pt; text-align: left">Net mortgage loans</td><td> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98E_ecustom--MortgageLoansDuringPeriod_pp0p0_c20220101__20221231__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--NetMortgageLoansMember_zdjfur4HXiR8" style="border-bottom: Black 2.5pt double; text-align: right" title="Mortgage Loans during period">45,694,074</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_987_ecustom--MortgageLoansDuringPeriod_pp0p0_c20220101__20221231__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--NetMortgageLoansMember_zW7UhNyrCYi2" style="border-bottom: Black 2.5pt double; text-align: right" title="Mortgage Loans during period">90,290,776</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98A_ecustom--MortgageLoansDuringPeriod_pp0p0_c20220101__20221231__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--NetMortgageLoansMember_z3qKIN97yslh" style="border-bottom: Black 2.5pt double; text-align: right" title="Mortgage Loans during period">172,139,077</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98C_ecustom--MortgageLoansDuringPeriod_pp0p0_c20220101__20221231__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--NetMortgageLoansMember_zGJB5AZEKJ69" style="border-bottom: Black 2.5pt double; text-align: right" title="Mortgage loans during period">308,123,927</td><td style="text-align: left"> </td></tr> </table> <div style="margin-top: 0pt; margin-bottom: 0pt; width: 25%"><div style="border-top: Black 1pt solid; font-size: 1pt"> </div></div> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in">(1) </td> <td style="font: 10pt Times New Roman, Times, Serif">Interest income is not recognized on loans past due greater than 90 days or in foreclosure.</td></tr> </table> SECURITY NATIONAL FINANCIAL CORPORATION AND SUBSIDIARIES Notes to Condensed Consolidated Financial Statements March 31, 2023 (Unaudited) 3) Investments (Continued) Credit Quality Indicators The Company evaluates and monitors the credit quality of its commercial loans by analyzing loan to value (“LTV”) and debt service coverage ratios (“DSCR”). Monitoring a commercial mortgage loan increases when the loan is delinquent or earlier if there is an indication of impairment. <p id="xdx_892_eus-gaap--FinancingReceivableCreditQualityIndicatorsTableTextBlock_z4aOJIZb6Vi4" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify">The unpaid principal balance of commercial mortgage loans by credit quality indicator and vintage year was as follows as of March 31, 2023: Schedule of Commercial Mortgage Loans By Credit Quality Indicator <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 90%"> <tr style="display: none; vertical-align: bottom; background-color: rgb(204,238,255)"> <td> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_485_eus-gaap--FinancingReceivableOriginatedInCurrentFiscalYear_iI_zKC4WXgq6pdc" style="text-align: right">2023</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_486_eus-gaap--FinancingReceivableOriginatedInFiscalYearBeforeLatestFiscalYear_iI_z1ZSLfrJNGL5" style="text-align: right">2022</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_489_eus-gaap--FinancingReceivableOriginatedTwoYearsBeforeLatestFiscalYear_iI_zIl9gFPLlPM1" style="text-align: right">2021</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_48B_eus-gaap--FinancingReceivableOriginatedThreeYearsBeforeLatestFiscalYear_iI_zbYkEJA3sZXj" style="text-align: right">2020</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_484_eus-gaap--FinancingReceivableOriginatedFourYearsBeforeLatestFiscalYear_iI_zEk0xlwieRK9" style="text-align: right">2019</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_488_eus-gaap--FinancingReceivableOriginatedFiveOrMoreYearsBeforeLatestFiscalYear_iI_ztT9lb8WfpY3" style="text-align: right">Prior</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_488_eus-gaap--NotesReceivableGross_iI_zejzLqgzOhL4" style="text-align: right">Total</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_48E_eus-gaap--FinancingReceivableNonaccrualPercentPastDue1_iI_pid_dp_uPure_z8RxMUdVt41b" style="text-align: right">% of Total</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: Black 1pt solid; text-align: center">Credit Quality Indicator</td><td> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">2023</td><td> </td><td> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">2022</td><td> </td><td> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">2021</td><td> </td><td> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">2020</td><td> </td><td> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">2019</td><td> </td><td> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Prior</td><td> </td><td> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Total</td><td> </td><td> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">% of Total</td><td> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-decoration: underline; font-weight: bold">LTV:</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr id="xdx_41D_20230331__us-gaap--LoanToValueAxis__custom--LtvLessThan65PercentMember__us-gaap--FinancingReceivablePortfolioSegmentAxis__us-gaap--CommercialPortfolioSegmentMember_zZJI6fUj5HXk" style="vertical-align: bottom; background-color: White"> <td style="width: 28%; text-align: left">Less than 65%</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 5%; text-align: right">8,525,000</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 5%; text-align: right">14,383,954</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 5%; text-align: right">3,842,851</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 5%; text-align: right">-</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 5%; text-align: right">3,025,549</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 5%; text-align: right">7,009,216</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 5%; text-align: right">36,786,570</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 5%; text-align: right">72.40</td><td style="width: 1%; text-align: left">%</td></tr> <tr id="xdx_418_20230331__us-gaap--LoanToValueAxis__custom--Ltv65To80PercentMember__us-gaap--FinancingReceivablePortfolioSegmentAxis__us-gaap--CommercialPortfolioSegmentMember_zRiOU1P99vwj" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td>65% to 80%</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">6,073,044</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">2,100,000</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">4,913,313</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">13,086,357</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">25.76</td><td style="text-align: left">%</td></tr> <tr id="xdx_417_20230331__us-gaap--LoanToValueAxis__custom--LtvGreaterThan80PercentMember__us-gaap--FinancingReceivablePortfolioSegmentAxis__us-gaap--CommercialPortfolioSegmentMember_zHZwyq3mCwVl" style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Greater than 80%</td><td> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">-</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">529,525</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">405,000</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">-</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">-</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">-</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">934,525</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">1.84</td><td style="text-align: left">%</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr id="xdx_410_20230331__us-gaap--FinancingReceivablePortfolioSegmentAxis__us-gaap--CommercialPortfolioSegmentMember_z5Vdot4I8LA" style="vertical-align: bottom; background-color: White"> <td>Total</td><td> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">8,525,000</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">20,986,523</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">6,347,851</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">4,913,313</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">3,025,549</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">7,009,216</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">50,807,452</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td><td style="border-bottom: Black 2.5pt double; text-align: right">100.00</td><td style="text-align: left">%</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-decoration: underline; font-weight: bold">DSCR</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr id="xdx_413_20230331__us-gaap--LoanToValueAxis__custom--DSCRGreaterThanOnePointTwoZeroXMember__us-gaap--FinancingReceivablePortfolioSegmentAxis__us-gaap--CommercialPortfolioSegmentMember_zZ0TxPlD9ruj" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td>>1.20x</td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">5,725,000</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">1,000,000</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">2,800,000</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">4,913,313</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">3,025,549</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">1,507,378</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">18,971,240</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">37.34</td><td style="text-align: left">%</td></tr> <tr id="xdx_412_20230331__us-gaap--LoanToValueAxis__custom--DSCROneXToOnePointTwoZeroXMember__us-gaap--FinancingReceivablePortfolioSegmentAxis__us-gaap--CommercialPortfolioSegmentMember_zYxk1oTfsm4l" style="vertical-align: bottom; background-color: White"> <td>1.00x - 1.20x</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">2,800,000</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">11,425,114</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">3,547,851</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">5,501,838</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">23,274,803</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">45.81</td><td style="text-align: left">%</td></tr> <tr id="xdx_410_20230331__us-gaap--LoanToValueAxis__custom--DSCRLessThanOneXMember__us-gaap--FinancingReceivablePortfolioSegmentAxis__us-gaap--CommercialPortfolioSegmentMember_zRmTBWLv7sV6" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td><1.00x</td><td> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">-</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">8,561,409</td><td style="text-align: left">(1)</td><td> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">-</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">-</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">-</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">-</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">8,561,409</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">16.85</td><td style="text-align: left">%</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr id="xdx_412_20230331__us-gaap--FinancingReceivablePortfolioSegmentAxis__us-gaap--CommercialPortfolioSegmentMember_ztt75JhrXPVa" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td>Total</td><td> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">8,525,000</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">20,986,523</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">6,347,851</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">4,913,313</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">3,025,549</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">7,009,216</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">50,807,452</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td><td style="border-bottom: Black 2.5pt double; text-align: right">100.00</td><td style="text-align: left">%</td></tr> </table> <div style="margin-top: 0pt; margin-bottom: 0pt; width: 25%"><div style="border-top: Black 1pt solid; font-size: 1pt"> </div></div> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in">(1) </td> <td style="font: 10pt Times New Roman, Times, Serif">Commercial construction loan</td></tr> </table> The Company evaluates and monitors the credit quality of its residential mortgage loans by analyzing loan performance. The Company defines non-performing mortgage loans as loans 90 days or greater delinquent and on a non-accrual status. Monitoring a residential mortgage loan increases when the loan is delinquent or earlier if there is an indication of impairment. The unpaid principal balance of residential mortgage loans by credit quality indicator and vintage year was as follows as of March 31, 2023: <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: bottom"> <td style="border-bottom: Black 1pt solid; text-align: center">Credit Quality Indicator</td><td> </td> <td colspan="2" id="xdx_482_eus-gaap--FinancingReceivableOriginatedInCurrentFiscalYear_iI_z0dceddtM7hf" style="border-bottom: Black 1pt solid; text-align: center">2023</td><td> </td><td> </td> <td colspan="2" id="xdx_480_eus-gaap--FinancingReceivableOriginatedInFiscalYearBeforeLatestFiscalYear_iI_zNz065ulRCWg" style="border-bottom: Black 1pt solid; text-align: center">2022</td><td> </td><td> </td> <td colspan="2" id="xdx_48D_eus-gaap--FinancingReceivableOriginatedTwoYearsBeforeLatestFiscalYear_iI_zOfTLFa6n1ej" style="border-bottom: Black 1pt solid; text-align: center">2021</td><td> </td><td> </td> <td colspan="2" id="xdx_484_eus-gaap--FinancingReceivableOriginatedThreeYearsBeforeLatestFiscalYear_iI_zs9XM1p6KBEg" style="border-bottom: Black 1pt solid; text-align: center">2020</td><td> </td><td> </td> <td colspan="2" id="xdx_48F_eus-gaap--FinancingReceivableOriginatedFourYearsBeforeLatestFiscalYear_iI_zDgGPYtd6rZ2" style="border-bottom: Black 1pt solid; text-align: center">2019</td><td> </td><td> </td> <td colspan="2" id="xdx_480_eus-gaap--FinancingReceivableOriginatedFiveOrMoreYearsBeforeLatestFiscalYear_iI_zO55fWKGJTEe" style="border-bottom: Black 1pt solid; text-align: center">Prior</td><td> </td><td> </td> <td colspan="2" id="xdx_48F_eus-gaap--NotesReceivableGross_iI_zOjtDK9V7Amf" style="border-bottom: Black 1pt solid; text-align: center">Total</td><td> </td><td> </td> <td colspan="2" id="xdx_48E_eus-gaap--FinancingReceivableNonaccrualPercentPastDue1_iI_pid_dp_uPure_zUoWrTswWBzb" style="border-bottom: Black 1pt solid; text-align: center">% of Total</td><td> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-decoration: underline; font-weight: bold; text-align: left">Performance Indicators:</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr id="xdx_412_20230331__us-gaap--FinancingReceivablePortfolioSegmentAxis__us-gaap--ResidentialPortfolioSegmentMember__us-gaap--FinancialInstrumentPerformanceStatusAxis__us-gaap--PerformingFinancingReceivableMember_zmMLeQRKXqWd" style="vertical-align: bottom; background-color: White"> <td style="width: 28%">Performing</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 5%; text-align: right">5,386,918</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 5%; text-align: right">53,760,980</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 5%; text-align: right">6,923,101</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 5%; text-align: right">8,466,520</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 5%; text-align: right">3,264,494</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 5%; text-align: right">13,730,714</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 5%; text-align: right">91,532,727</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 5%; text-align: right">96.89</td><td style="width: 1%; text-align: left">%</td></tr> <tr id="xdx_41E_20230331__us-gaap--FinancingReceivablePortfolioSegmentAxis__us-gaap--ResidentialPortfolioSegmentMember__us-gaap--FinancialInstrumentPerformanceStatusAxis__us-gaap--NonperformingFinancingReceivableMember_zFHag0zcgyF1" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td>Non-performing (1)</td><td> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">-</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">1,104,327</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">366,646</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">-</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">353,092</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">1,114,421</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">2,938,486</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">3.11</td><td style="text-align: left">%</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr id="xdx_415_20230331__us-gaap--FinancingReceivablePortfolioSegmentAxis__us-gaap--ResidentialPortfolioSegmentMember_zuO1hgXDlyo9" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td>Total</td><td> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">5,386,918</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">54,865,307</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">7,289,747</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">8,466,520</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">3,617,586</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">14,845,135</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">94,471,213</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td><td style="border-bottom: Black 2.5pt double; text-align: right">100.00</td><td style="text-align: left">%</td></tr> </table> <div style="margin-top: 0pt; margin-bottom: 0pt; width: 25%"><div style="border-top: Black 1pt solid; font-size: 1pt"> </div></div> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in">(1) </td> <td style="font: 10pt Times New Roman, Times, Serif">Includes residential mortgage loans in the process of foreclosure of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNjaGVkdWxlIG9mIENvbW1lcmNpYWwgTW9ydGdhZ2UgTG9hbnMgQnkgQ3JlZGl0IFF1YWxpdHkgSW5kaWNhdG9yIChEZXRhaWxzKSAoUGFyZW50aGV0aWNhbCkA" id="xdx_908_eus-gaap--MortgageLoansInProcessOfForeclosureAmount_iI_c20230331__us-gaap--FinancingReceivablePortfolioSegmentAxis__us-gaap--ResidentialPortfolioSegmentMember_z84qDh4XreE5" title="Mortgage loans in process of foreclosure, amount">713,552 at March 31, 2023</td></tr> </table> SECURITY NATIONAL FINANCIAL CORPORATION AND SUBSIDIARIES Notes to Condensed Consolidated Financial Statements March 31, 2023 (Unaudited) 3) Investments (Continued) The company evaluates and monitors the credit quality of its residential construction loans (including land acquisition and development loans) by analyzing LTV and loan performance. Monitoring a residential construction mortgage loan increases when the loan is delinquent or earlier if there is an indication of impairment. <p id="xdx_89F_ecustom--ScheduleOfResidentialConstructionMortgageLoansTableTextBlock_zh42XohuOuw2" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify">The unpaid principal balance of residential construction mortgage loans by credit quality indicator and vintage year was as follows as of March 31, 2023: Schedule of Residential Construction Mortgage Loans <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 90%"> <tr style="vertical-align: bottom"> <td style="border-bottom: Black 1pt solid; text-align: center">Credit Quality Indicator</td><td> </td> <td colspan="2" id="xdx_482_eus-gaap--FinancingReceivableOriginatedInCurrentFiscalYear_iI_zJkpr984AZtl" style="border-bottom: Black 1pt solid; text-align: center">2023</td><td> </td><td> </td> <td colspan="2" id="xdx_48C_eus-gaap--FinancingReceivableOriginatedInFiscalYearBeforeLatestFiscalYear_iI_zQHBvGd7EOTc" style="border-bottom: Black 1pt solid; text-align: center">2022</td><td> </td><td> </td> <td colspan="2" id="xdx_48B_eus-gaap--FinancingReceivableOriginatedTwoYearsBeforeLatestFiscalYear_iI_zdarjR5qMD29" style="border-bottom: Black 1pt solid; text-align: center">2021</td><td> </td><td> </td> <td colspan="2" id="xdx_486_eus-gaap--NotesReceivableGross_iI_zoDSXQTOkjI7" style="border-bottom: Black 1pt solid; text-align: center">Total</td><td> </td><td> </td> <td colspan="2" id="xdx_483_eus-gaap--FinancingReceivableNonaccrualPercentPastDue1_iI_pid_dp_uPure_z9XMZ7TdV7Z5" style="border-bottom: Black 1pt solid; text-align: center">% of Total</td><td> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-decoration: underline; font-weight: bold; text-align: left">Performance Indicators:</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr id="xdx_41F_20230331__us-gaap--FinancialInstrumentPerformanceStatusAxis__us-gaap--PerformingFinancingReceivableMember__us-gaap--FinancingReceivablePortfolioSegmentAxis__custom--ResidentialConstructionMortgageLoansMember_zrSzHs7PEU67" style="vertical-align: bottom; background-color: White"> <td style="width: 35%">Performing</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 9%; text-align: right">12,541,324</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 9%; text-align: right">87,110,137</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 9%; text-align: right">46,442,486</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 9%; text-align: right">146,093,947</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 9%; text-align: right">100.00</td><td style="width: 1%; text-align: left">%</td></tr> <tr id="xdx_41D_20230331__us-gaap--FinancialInstrumentPerformanceStatusAxis__us-gaap--NonperformingFinancingReceivableMember__us-gaap--FinancingReceivablePortfolioSegmentAxis__custom--ResidentialConstructionMortgageLoansMember_znVsaQyOfvAj" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td>Non-performing</td><td> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">-</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">-</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">-</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">-</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">0.00</td><td style="text-align: left">%</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr id="xdx_41E_20230331__us-gaap--FinancingReceivablePortfolioSegmentAxis__custom--ResidentialConstructionMortgageLoansMember_zkcKwjniE9Ce" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td>Total</td><td> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">12,541,324</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">87,110,137</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">46,442,486</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">146,093,947</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td><td style="border-bottom: Black 2.5pt double; text-align: right">100.00</td><td style="text-align: left">%</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-decoration: underline; font-weight: bold">LTV:</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr id="xdx_416_20230331__us-gaap--LoanToValueAxis__custom--LtvLessThan65PercentMember__us-gaap--FinancingReceivablePortfolioSegmentAxis__custom--ResidentialConstructionMortgageLoansMember_zu99ZJ6OSISa" style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Less than 65%</td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">9,072,543</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">51,392,028</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">8,626,153</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">69,090,724</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">47.29</td><td style="text-align: left">%</td></tr> <tr id="xdx_416_20230331__us-gaap--LoanToValueAxis__custom--Ltv65To80PercentMember__us-gaap--FinancingReceivablePortfolioSegmentAxis__custom--ResidentialConstructionMortgageLoansMember_zNFLUl6EYu29" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td>65% to 80%</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">3,468,781</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">33,790,358</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">21,588,236</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">58,847,375</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">40.28</td><td style="text-align: left">%</td></tr> <tr id="xdx_414_20230331__us-gaap--LoanToValueAxis__custom--LtvGreaterThan80PercentMember__us-gaap--FinancingReceivablePortfolioSegmentAxis__custom--ResidentialConstructionMortgageLoansMember_zK7LIjGUKvRh" style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Greater than 80%</td><td> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">-</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">1,927,751</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">16,228,097</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">18,155,848</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">12.43</td><td style="text-align: left">%</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr id="xdx_414_20230331__us-gaap--FinancingReceivablePortfolioSegmentAxis__custom--ResidentialConstructionMortgageLoansMember_zDCf3mwkG3ag" style="vertical-align: bottom; background-color: White"> <td>Total</td><td> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">12,541,324</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">87,110,137</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">46,442,486</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">146,093,947</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td><td style="border-bottom: Black 2.5pt double; text-align: right">100.00</td><td style="text-align: left">%</td></tr> </table> Insurance Assignments <p id="xdx_896_ecustom--ScheduleOfAgingOfInsuranceAssignmentsTableTextBlock_zBvYSK00ZkNh" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify">The following table presents the aging of insurance assignments, included in other investments and policy loans on the condensed consolidated balance sheets. Schedule of Aging of Insurance Assignments <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 70%"> <tr style="vertical-align: bottom"> <td> </td><td> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">As of March 31 2023</td><td> </td><td> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">As of December 31 2022</td><td> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 60%; text-align: left">30-59 days past due</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_984_ecustom--InsuranceAssignmentsDuringPeriod_pp0p0_c20230101__20230331__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--PastDue30To59DaysMember_zxMMvs8zzCVh" style="width: 16%; text-align: right" title="Insurance assignments during period">9,554,122</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_98F_ecustom--InsuranceAssignmentsDuringPeriod_pp0p0_c20220101__20221231__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--PastDue30To59DaysMember_zjokwIpw0EE8" style="width: 16%; text-align: right" title="Insurance assignments during period">10,621,443</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left">60-89 days past due</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98F_ecustom--InsuranceAssignmentsDuringPeriod_pp0p0_c20230101__20230331__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--PastDue60To89DaysMember_zJiOXeAD18x7" style="text-align: right" title="Insurance assignments during period">4,043,444</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98B_ecustom--InsuranceAssignmentsDuringPeriod_pp0p0_c20220101__20221231__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--PastDue60To89DaysMember_zN8Mi6FYDnKe" style="text-align: right" title="Insurance assignments during period">3,997,484</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Over 90 days past due</td><td> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_984_ecustom--InsuranceAssignmentsDuringPeriod_pp0p0_c20230101__20230331__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--OverDue90OrMoreDaysMember_fKDEp_zfPwhUn27WMa" style="border-bottom: Black 1pt solid; text-align: right" title="Insurance assignments during period">5,791,483</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98B_ecustom--InsuranceAssignmentsDuringPeriod_pp0p0_c20220101__20221231__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--OverDue90OrMoreDaysMember_fKDEp_zfx2ftZLEqs8" style="border-bottom: Black 1pt solid; text-align: right" title="Insurance assignments during period">5,813,013</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Total past due</td><td> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98F_ecustom--InsuranceAssignmentsDuringPeriod_pp0p0_c20230101__20230331__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--TotalPastDueMember_zdWxYqVjfiac" style="border-bottom: Black 1pt solid; text-align: right" title="Insurance assignments during period">19,389,049</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_984_ecustom--InsuranceAssignmentsDuringPeriod_pp0p0_c20220101__20221231__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--TotalPastDueMember_zi19XEoJ6tnb" style="border-bottom: Black 1pt solid; text-align: right" title="Insurance assignments during period">20,431,941</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td>Current</td><td> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_989_ecustom--InsuranceAssignmentsDuringPeriod_pp0p0_c20230101__20230331__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--CurrentMember_ztuPJIqXucT3" style="border-bottom: Black 1pt solid; text-align: right" title="Insurance assignments during period">26,184,781</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_982_ecustom--InsuranceAssignmentsDuringPeriod_pp0p0_c20220101__20221231__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--CurrentMember_zrZEf8Yhjkc7" style="border-bottom: Black 1pt solid; text-align: right" title="Insurance assignments during period">26,510,594</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Total insurance assignments</td><td> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98D_ecustom--InsuranceAssignmentsDuringPeriod_pp0p0_c20230101__20230331__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--InsuranceAssignmentsMember_zBRJl6EihnL2" style="border-bottom: Black 1pt solid; text-align: right" title="Insurance assignments during period">45,573,831</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_987_ecustom--InsuranceAssignmentsDuringPeriod_pp0p0_c20220101__20221231__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--InsuranceAssignmentsMember_zYyGX6EnQao1" style="border-bottom: Black 1pt solid; text-align: right" title="Insurance assignments during period">46,942,536</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Allowance for credit losses</td><td> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98C_eus-gaap--AllowanceForDoubtfulAccountsPremiumsAndOtherReceivables_iNI_pp0p0_di_c20230331_zSWYKonMBnL4" style="border-bottom: Black 1pt solid; text-align: right" title="Insurance assignments, allowance for credit losses">(1,685,901</td><td style="text-align: left">)</td><td> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_984_eus-gaap--AllowanceForDoubtfulAccountsPremiumsAndOtherReceivables_iNI_pp0p0_di_c20221231_zKrfpZu8ZIL7" style="border-bottom: Black 1pt solid; text-align: right" title="Insurance assignments, allowance for loan losses">(1,609,951</td><td style="text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Net insurance assignments</td><td> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98A_ecustom--InsuranceAssignmentsDuringPeriod_pp0p0_c20230101__20230331__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--NetInsuranceAssignmentsMember_z0N5eRoNFrZk" style="border-bottom: Black 2.5pt double; text-align: right" title="Insurance assignments during period">43,887,930</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98C_ecustom--InsuranceAssignmentsDuringPeriod_pp0p0_c20220101__20221231__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--NetInsuranceAssignmentsMember_z93LqFp6mCVk" style="border-bottom: Black 2.5pt double; text-align: right" title="Insurance assignments during period">45,332,585</td><td style="text-align: left"> </td></tr> </table> The Company records an allowance for credit losses when the insurance assignment is funded. Once an insurance assignment moves to 90 days or legal proceedings, it is monitored for write-off and collectability, and any adjustments to the allowance are done at that time. See Note 2 regarding the adoption of ASU 2016-13. SECURITY NATIONAL FINANCIAL CORPORATION AND SUBSIDIARIES Notes to Condensed Consolidated Financial Statements March 31, 2023 (Unaudited) 3) Investments (Continued) <p id="xdx_89B_ecustom--ScheduleOfAllowanceForCreditLossesTableTextBlock_zxaBxitz6Of2" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify">The following table presents a roll forward of the allowance for credit losses as a contra-asset account for insurance assignments. Schedule of Allowance for Credit Losses <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 70%"> <tr style="vertical-align: bottom"> <td> </td><td> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Allowance</td><td> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 78%">Beginning balance - January 1, 2023</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_981_eus-gaap--AllowanceForDoubtfulAccountsPremiumsAndOtherReceivables_iS_pp0p0_c20230101__20230331_zm20D2zHkVK" style="width: 18%; text-align: right" title="Financing Receivable, Allowance for Credit Loss, Beginning">1,609,951</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-left: 10pt; text-align: left">Change in provision for credit losses</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98D_ecustom--AllowanceForCreditLossesPremiumsAndOtherReceivablesChangeInProvision_pdp0_c20230101__20230331__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember_zEVq9EAb64z2" style="text-align: right" title="Allowance for credit losses, change in provision">233,113</td><td style="text-align: left">(1)</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 10pt">Charge-offs</td><td> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_988_ecustom--AllowanceForCreditLossesPremiumsAndOtherReceivablesChargeOffs_iN_pdp0_di_c20230101__20230331__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember_zffQPHdRYiN3" style="border-bottom: Black 1pt solid; text-align: right" title="Allowance for credit losses, Charge-offs">(157,163</td><td style="text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td>Ending balance - March 31, 2023</td><td> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98F_eus-gaap--AllowanceForDoubtfulAccountsPremiumsAndOtherReceivables_iE_pp0p0_c20230101__20230331_zKpdFNhfxXl5" style="border-bottom: Black 2.5pt double; text-align: right" title="Financing Receivable, Allowance for Credit Loss, Ending">1,685,901</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td>Beginning balance - January 1, 2022</td><td> </td> <td style="text-align: left">$</td><td id="xdx_989_eus-gaap--AllowanceForDoubtfulAccountsPremiumsAndOtherReceivables_iS_pp0p0_c20220101__20221231_z88GBHUVTgr8" style="text-align: right" title="Financing Receivable, Allowance for Credit Loss, Beginning">1,686,218</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 10pt; text-align: left">Change in provision for credit losses</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98B_ecustom--AllowanceForCreditLossesPremiumsAndOtherReceivablesChangeInProvision_pdp0_c20220101__20221231__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember_zuxX8E3dThri" style="text-align: right" title="Allowance for credit losses, change in provision">889,480</td><td style="text-align: left">(1)</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-left: 10pt">Charge-offs</td><td> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_982_ecustom--AllowanceForCreditLossesPremiumsAndOtherReceivablesChargeOffs_iN_pdp0_di_c20220101__20221231__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember_znVSuOD9qsH6" style="border-bottom: Black 1pt solid; text-align: right" title="Allowance for credit losses, Charge-offs">(965,747</td><td style="text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td>Ending balance - December 31, 2022</td><td> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_987_eus-gaap--AllowanceForDoubtfulAccountsPremiumsAndOtherReceivables_iE_pp0p0_c20220101__20221231_z6xkqoZsFWze" style="border-bottom: Black 2.5pt double; text-align: right" title="Financing Receivable, Allowance for Credit Loss, Ending">1,609,951</td><td style="text-align: left"> </td></tr> </table> <div style="margin-top: 0pt; margin-bottom: 0pt; width: 25%"><div style="border-top: Black 1pt solid; font-size: 1pt"> </div></div> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in">(1) </td> <td style="font: 10pt Times New Roman, Times, Serif">Included in other expenses on the condensed consolidated statements of earnings</td></tr> </table> Investment Related Earnings The following table presents the realized gains and losses from sales, calls, and maturities, and unrealized gains and losses on equity securities from investments and other assets. Schedule of Gain (Loss) on Investments <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 80%"> <tr style="display: none; vertical-align: bottom"> <td> </td><td> </td> <td colspan="2" id="xdx_496_20230101__20230331_zWB0WMn9do6g" style="border-bottom: Black 1pt solid; text-align: center">2023</td><td> </td><td> </td> <td colspan="2" id="xdx_498_20220101__20220331_z9dC9EQESOVh" style="border-bottom: Black 1pt solid; text-align: center">2022</td><td> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td> </td> <td colspan="6" style="border-bottom: Black 1pt solid; text-align: center">Three Months Ended March 31</td><td> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">2023</td><td> </td><td> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">2022</td><td> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Fixed maturity securities:</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr id="xdx_407_eus-gaap--DebtSecuritiesAvailableForSaleRealizedGain_hus-gaap--InvestmentTypeAxis__custom--FixedMaturitySecuritiesMember_zhSudUmGH5O3" style="vertical-align: bottom; background-color: White"> <td style="padding-left: 10pt; width: 60%; text-align: left">Gross realized gains</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 16%; text-align: right">15,491</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 16%; text-align: right">46,123</td><td style="width: 1%; text-align: left"> </td></tr> <tr id="xdx_40E_eus-gaap--DebtSecuritiesAvailableForSaleRealizedLoss_iN_di_hus-gaap--InvestmentTypeAxis__custom--FixedMaturitySecuritiesMember_zjX2zTmfrOdk" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 10pt; text-align: left">Gross realized losses</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(54,891</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(930</td><td style="text-align: left">)</td></tr> <tr id="xdx_406_eus-gaap--DebtSecuritiesAvailableForSaleAllowanceForCreditLossPeriodIncreaseDecrease_iN_di_hus-gaap--InvestmentTypeAxis__custom--FixedMaturitySecuritiesMember_zIuJ8GYXtNJl" style="vertical-align: bottom; background-color: White"> <td style="padding-left: 10pt; text-align: left">Net credit loss (provision) release</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(179,500</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: justify">Equity securities:</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr id="xdx_400_eus-gaap--EquitySecuritiesFvNiRealizedGainLoss_hus-gaap--InvestmentTypeAxis__custom--EquitySecuritiesOneMember_zvUiIqGnKs2" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 10pt; text-align: left">Gains (losses) on securities sold</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(52,315</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(10,279</td><td style="text-align: left">)</td></tr> <tr id="xdx_401_eus-gaap--EquitySecuritiesFvNiUnrealizedGainLoss_hus-gaap--InvestmentTypeAxis__custom--EquitySecuritiesOneMember_zCBu39uxXPMh" style="vertical-align: bottom; background-color: White"> <td style="padding-left: 10pt; text-align: left">Unrealized gains and (losses) on securities held at the end of the period</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">331,430</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(607,047</td><td style="text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: justify">Real estate held for investment and sale:</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr id="xdx_403_ecustom--GrossRealizedGains_hus-gaap--InvestmentTypeAxis__custom--RealEstateHeldForInvestmentAndSaleMember_zxKZfMCeYq7k" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 10pt; text-align: left">Gross realized gains</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">385,366</td><td style="text-align: left"> </td></tr> <tr id="xdx_40B_ecustom--GrossRealizedLosses_hus-gaap--InvestmentTypeAxis__custom--RealEstateHeldForInvestmentAndSaleMember_zIiuE9RbSwTg" style="vertical-align: bottom; background-color: White"> <td style="padding-left: 10pt; text-align: left">Gross realized losses</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(94,400</td><td style="text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: justify">Other assets, including call and put option derivatives:</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr id="xdx_400_ecustom--GrossRealizedGains_hus-gaap--InvestmentTypeAxis__custom--OtherAssetsIncludingCallAndPutOptionDerivativesMember_zOSCf2WiwPNg" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 10pt; text-align: left">Gross realized gains</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">50,939</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">453,142</td><td style="text-align: left"> </td></tr> <tr id="xdx_407_ecustom--GrossRealizedLosses_hus-gaap--InvestmentTypeAxis__custom--OtherAssetsIncludingCallAndPutOptionDerivativesMember_zBLRfDQaWXL8" style="vertical-align: bottom; background-color: White"> <td style="padding-left: 10pt; text-align: left">Gross realized losses</td><td> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">-</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">-</td><td style="text-align: left"> </td></tr> <tr id="xdx_40E_ecustom--GainLossOnInvestmentsAndOtherAssets_iT_zhTZ5lNx6Om1" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 20pt">Total</td><td> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">111,154</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">171,975</td><td style="text-align: left"> </td></tr> </table> The realized gains and losses on the sale of securities are recorded on the trade date, and the cost of the securities sold is determined using the specific identification method. Net realized gains and losses includes gains and losses by the restricted assets and cemetery perpetual care trust investments of the cemeteries and mortuaries of $53,931 in net gains and $275,741 in net losses for the three month periods ended March 31, 2023, and 2022, respectively. SECURITY NATIONAL FINANCIAL CORPORATION AND SUBSIDIARIES Notes to Condensed Consolidated Financial Statements March 31, 2023 (Unaudited) 3) Investments (Continued) Major categories of net investment income were as follows: <div id="xdx_C08_gL3SOMCONIITT-SUO_zSfTMgtc955b"> <table cellpadding="0" cellspacing="0" id="xdx_30A_134_zpdOQC0iZaWk" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 70%" summary="xdx: Disclosure - Schedule of Major Categories of Net Investment Income (Details)"> <tr style="display: none; vertical-align: bottom"> <td> </td><td> </td> <td colspan="2" id="xdx_49B_20230101__20230331_zB1ihH9k65e" style="border-bottom: Black 1pt solid; text-align: center">2023</td><td> </td><td> </td> <td colspan="2" id="xdx_493_20220101__20220331_zHg4dxZudLd4" style="border-bottom: Black 1pt solid; text-align: center">2022</td><td> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td> </td> <td colspan="6" style="border-bottom: Black 1pt solid; text-align: center">Three Months Ended March 31</td><td> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">2023</td><td> </td><td> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">2022</td><td> </td></tr> <tr id="xdx_40F_ecustom--GrossInvestmentIncome_hus-gaap--FinancialInstrumentAxis__custom--FixedMaturitySecuritiesMember_z2adoqemVVy2" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 60%; text-align: justify">Fixed maturity securities available for sale</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 16%; text-align: right">4,012,732</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 16%; text-align: right">2,636,216</td><td style="width: 1%; text-align: left"> </td></tr> <tr id="xdx_409_ecustom--GrossInvestmentIncome_hus-gaap--FinancialInstrumentAxis__custom--EquitySecurities1Member_zJUI6MaCX7g7" style="vertical-align: bottom; background-color: White"> <td style="text-align: justify">Equity securities</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">140,507</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">123,037</td><td style="text-align: left"> </td></tr> <tr id="xdx_407_ecustom--GrossInvestmentIncome_hus-gaap--FinancialInstrumentAxis__custom--MortgageLoansRealEstateMember_zDSbLYHn4Eql" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Mortgage loans held for investment</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">8,487,656</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">7,960,178</td><td style="text-align: left"> </td></tr> <tr id="xdx_406_ecustom--GrossInvestmentIncome_hus-gaap--FinancialInstrumentAxis__custom--RealEstate1Member_ztdBWIUi5Iw2" style="vertical-align: bottom; background-color: White"> <td style="text-align: justify">Real estate held for investment and sale</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">3,364,924</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">3,040,033</td><td style="text-align: left"> </td></tr> <tr id="xdx_40A_ecustom--GrossInvestmentIncome_hus-gaap--FinancialInstrumentAxis__custom--PolicyStudentAndOtherLoansMember_z8IPfjRk81fg" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: justify">Policy loans</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">200,213</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">306,282</td><td style="text-align: left"> </td></tr> <tr id="xdx_402_ecustom--GrossInvestmentIncome_hus-gaap--FinancialInstrumentAxis__custom--InsuranceAssignmentsMember_zfcgS676jzFe" style="vertical-align: bottom; background-color: White"> <td style="text-align: justify">Insurance assignments</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">4,768,203</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">5,396,987</td><td style="text-align: left"> </td></tr> <tr id="xdx_40B_ecustom--GrossInvestmentIncome_hus-gaap--FinancialInstrumentAxis__custom--OtherInvestments1Member_zuyqZGHhbCW4" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: justify">Other investments</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">129,056</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">70,645</td><td style="text-align: left"> </td></tr> <tr id="xdx_408_ecustom--GrossInvestmentIncome_hus-gaap--FinancialInstrumentAxis__custom--CashAndCashEquivalents1Member_zUnSkPOG5ns8" style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Cash and cash equivalents</td><td> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">787,762</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">75,301</td><td style="text-align: left"> </td></tr> <tr id="xdx_40A_ecustom--GrossInvestmentIncome_zloXYourcfJl" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: justify">Gross investment income</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">21,891,053</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">19,608,679</td><td style="text-align: left"> </td></tr> <tr id="xdx_404_eus-gaap--InvestmentIncomeInvestmentExpense_iN_pp0p0_di_zTWDsQB1GPBj" style="vertical-align: bottom; background-color: White"> <td style="text-align: justify">Investment expenses</td><td> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">(4,116,170</td><td style="text-align: left">)</td><td> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">(4,414,373</td><td style="text-align: left">)</td></tr> <tr id="xdx_40A_eus-gaap--NetInvestmentIncome_zVrTFr0pfh41" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: justify">Net investment income</td><td> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">17,774,883</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">15,194,306</td><td style="text-align: left"> </td></tr> </table> </div> Net investment income includes income earned by the restricted assets of the cemeteries and mortuaries of $633,527 and $476,708 for the three month periods ended March 31, 2023 and 2022, respectively. Net investment income on real estate consists primarily of rental revenue. Investment expenses consist primarily of depreciation, property taxes, operating expenses of real estate and an estimated portion of administrative expenses relating to investment activities. Accrued Investment Income Accrued investment income consists of the following: Schedule of Accrued Investment Income <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 70%"> <tr style="vertical-align: bottom"> <td> </td><td> </td> <td colspan="2" id="xdx_498_20230331_zr0RdbpGbnZ3" style="border-bottom: Black 1pt solid; text-align: center">As of March 31 2023</td><td> </td><td> </td> <td colspan="2" id="xdx_499_20221231_zPCEPJY1P1ja" style="border-bottom: Black 1pt solid; text-align: center">As of December 31 2022</td><td> </td></tr> <tr id="xdx_40C_eus-gaap--AccruedInvestmentIncomeReceivable_iI_hus-gaap--FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis__custom--FixedMaturitySecuritiesAvailableForSaleMember_zcQcwnAkiyx" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 60%; text-align: left">Fixed maturity securities available for sale</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 16%; text-align: right">3,841,931</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 16%; text-align: right">3,563,767</td><td style="width: 1%; text-align: left"> </td></tr> <tr id="xdx_400_eus-gaap--AccruedInvestmentIncomeReceivable_iI_hus-gaap--FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis__us-gaap--EquitySecuritiesMember_zjRP9ySq9n7k" style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Equity securities</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">18,362</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">14,496</td><td style="text-align: left"> </td></tr> <tr id="xdx_405_eus-gaap--AccruedInvestmentIncomeReceivable_iI_hus-gaap--FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis__custom--MortgageLoansHeldForInvestmentMember_zfImNaUFB0B5" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Mortgage loans held for investment</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">2,710,149</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">3,220,709</td><td style="text-align: left"> </td></tr> <tr id="xdx_407_eus-gaap--AccruedInvestmentIncomeReceivable_iI_hus-gaap--FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis__custom--RealEstateHeldForInvestmentMember_ze7dGgbA3lwb" style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Real estate held for investment</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">2,809,671</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">3,455,305</td><td style="text-align: left"> </td></tr> <tr id="xdx_403_eus-gaap--AccruedInvestmentIncomeReceivable_iI_hus-gaap--FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis__us-gaap--PolicyLoansMember_z1dRH3jsODb5" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Policy Loans</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">45,221</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">37,951</td><td style="text-align: left"> </td></tr> <tr id="xdx_401_eus-gaap--AccruedInvestmentIncomeReceivable_iI_hus-gaap--FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis__us-gaap--CashAndCashEquivalentsMember_zLqMkq6myrUh" style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Cash and cash equivalents</td><td> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">1,905</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">7,598</td><td style="text-align: left"> </td></tr> <tr id="xdx_407_eus-gaap--AccruedInvestmentIncomeReceivable_iI_z0o71FgJsXvc" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Total accrued investment income</td><td> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">9,427,239</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">10,299,826</td><td style="text-align: left"> </td></tr> </table> SECURITY NATIONAL FINANCIAL CORPORATION AND SUBSIDIARIES Notes to Condensed Consolidated Financial Statements March 31, 2023 (Unaudited)

The Company’s investments as of March 31, 2023 are summarized as follows: Schedule of Investments <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: bottom"> <td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Amortized Cost</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Gross Unrealized Gains</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Gross Unrealized Losses (1)</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Allowance for Credit Losses</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Estimated Fair Value</td><td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-decoration: underline; text-align: justify">March 31, 2023:</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Fixed maturity securities, available for sale, at estimated fair value:</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 10pt; width: 35%; text-align: left">U.S. Treasury securities and obligations of U.S. Government agencies</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_98D_eus-gaap--AvailableForSaleDebtSecuritiesAmortizedCostBasis_iI_c20230331__us-gaap--FinancialInstrumentAxis__us-gaap--USTreasurySecuritiesMember_ziIvoBPMHesa" style="width: 9%; text-align: right" title="Available for sale securities, amortized cost">95,362,166</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_98E_eus-gaap--AvailableForSaleDebtSecuritiesGrossUnrealizedGain_c20230101__20230331__us-gaap--FinancialInstrumentAxis__us-gaap--USTreasurySecuritiesMember_zUXad0JTEgJi" style="width: 9%; text-align: right" title="Available for sale securities, unrecognized holding gain">305,924</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_985_eus-gaap--AvailableForSaleDebtSecuritiesGrossUnrealizedLoss_iN_di_c20230101__20230331__us-gaap--FinancialInstrumentAxis__us-gaap--USTreasurySecuritiesMember_z7kA45qjBlbh" style="width: 9%; text-align: right" title="Available for sale securities, unrecognized holding loss">(2,047,395</td><td style="width: 1%; text-align: left">)</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_98F_eus-gaap--DebtSecuritiesAvailableForSaleAllowanceForCreditLoss_iNI_di_c20230331__us-gaap--FinancialInstrumentAxis__us-gaap--USTreasurySecuritiesMember_zOSh7u3kdgz1" style="width: 9%; text-align: right" title="Available for sale securities, allowance for credit losses">-</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_98F_eus-gaap--AvailableForSaleSecuritiesDebtSecuritiesCurrent_iI_c20230331__us-gaap--FinancialInstrumentAxis__us-gaap--USTreasurySecuritiesMember_zNYodzSXjFU1" style="width: 9%; text-align: right" title="Available for sale securities, estimated fair value">93,620,695</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 10pt; text-align: left">Obligations of states and political subdivisions</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98F_eus-gaap--AvailableForSaleDebtSecuritiesAmortizedCostBasis_iI_c20230331__us-gaap--FinancialInstrumentAxis__us-gaap--USStatesAndPoliticalSubdivisionsMember_zmUZ2uljoQPf" style="text-align: right" title="Available for sale securities, amortized cost">6,766,771</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_985_eus-gaap--AvailableForSaleDebtSecuritiesGrossUnrealizedGain_c20230101__20230331__us-gaap--FinancialInstrumentAxis__us-gaap--USStatesAndPoliticalSubdivisionsMember_zvG6EGH0XV9i" style="text-align: right" title="Available for sale securities, unrecognized holding gain">14,954</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_980_eus-gaap--AvailableForSaleDebtSecuritiesGrossUnrealizedLoss_iN_di_c20230101__20230331__us-gaap--FinancialInstrumentAxis__us-gaap--USStatesAndPoliticalSubdivisionsMember_zikTRv6TA5G" style="text-align: right" title="Available for sale securities, unrecognized holding loss">(337,946</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td id="xdx_986_eus-gaap--DebtSecuritiesAvailableForSaleAllowanceForCreditLoss_iNI_di_c20230331__us-gaap--FinancialInstrumentAxis__us-gaap--USStatesAndPoliticalSubdivisionsMember_zPDBCz4IBIJi" style="text-align: right" title="Available for sale securities, allowance for credit losses">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98F_eus-gaap--AvailableForSaleSecuritiesDebtSecuritiesCurrent_iI_c20230331__us-gaap--FinancialInstrumentAxis__us-gaap--USStatesAndPoliticalSubdivisionsMember_zsg0AfBT2uHe" style="text-align: right" title="Available for sale securities, estimated fair value">6,443,779</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 10pt; text-align: left">Corporate securities including public utilities</td><td> </td> <td style="text-align: left"> </td><td id="xdx_983_eus-gaap--AvailableForSaleDebtSecuritiesAmortizedCostBasis_iI_c20230331__us-gaap--FinancialInstrumentAxis__us-gaap--CorporateDebtSecuritiesMember_zK92MCbzcY36" style="text-align: right" title="Available for sale securities, amortized cost">233,143,391</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_987_eus-gaap--AvailableForSaleDebtSecuritiesGrossUnrealizedGain_c20230101__20230331__us-gaap--FinancialInstrumentAxis__us-gaap--CorporateDebtSecuritiesMember_z7Vfe3YT5wxg" style="text-align: right" title="Available for sale securities, unrecognized holding gain">3,467,771</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_985_eus-gaap--AvailableForSaleDebtSecuritiesGrossUnrealizedLoss_iN_di_c20230101__20230331__us-gaap--FinancialInstrumentAxis__us-gaap--CorporateDebtSecuritiesMember_z7DnQ4pvWbW5" style="text-align: right" title="Available for sale securities, unrecognized holding loss">(9,039,301</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td id="xdx_987_eus-gaap--DebtSecuritiesAvailableForSaleAllowanceForCreditLoss_iNI_di_c20230331__us-gaap--FinancialInstrumentAxis__us-gaap--CorporateDebtSecuritiesMember_zUVc1esUPxJi" style="text-align: right" title="Available for sale securities, allowance for credit losses">(179,500</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td id="xdx_985_eus-gaap--AvailableForSaleSecuritiesDebtSecuritiesCurrent_iI_c20230331__us-gaap--FinancialInstrumentAxis__us-gaap--CorporateDebtSecuritiesMember_z6HXSUIyhAHe" style="text-align: right" title="Available for sale securities, estimated fair value">227,392,361</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 10pt; text-align: left">Mortgage-backed securities</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98D_eus-gaap--AvailableForSaleDebtSecuritiesAmortizedCostBasis_iI_c20230331__us-gaap--FinancialInstrumentAxis__us-gaap--MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMember_zq7aFi2i70T2" style="text-align: right" title="Available for sale securities, amortized cost">33,859,690</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_985_eus-gaap--AvailableForSaleDebtSecuritiesGrossUnrealizedGain_c20230101__20230331__us-gaap--FinancialInstrumentAxis__us-gaap--MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMember_zQ9jzbB2XrAk" style="text-align: right" title="Available for sale securities, unrecognized holding gain">203,490</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_980_eus-gaap--AvailableForSaleDebtSecuritiesGrossUnrealizedLoss_iN_di_c20230101__20230331__us-gaap--FinancialInstrumentAxis__us-gaap--MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMember_zxH31ymUuXv2" style="text-align: right" title="Available for sale securities, unrecognized holding loss">(4,209,488</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98D_eus-gaap--DebtSecuritiesAvailableForSaleAllowanceForCreditLoss_iNI_di_c20230331__us-gaap--FinancialInstrumentAxis__us-gaap--MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMember_zGC3tsR3mkv1" style="text-align: right" title="Available for sale securities, allowance for credit losses">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_988_eus-gaap--AvailableForSaleSecuritiesDebtSecuritiesCurrent_iI_c20230331__us-gaap--FinancialInstrumentAxis__us-gaap--MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMember_zU3Rl8V11cLd" style="text-align: right" title="Available for sale securities, estimated fair value">29,853,692</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-bottom: 1pt; padding-left: 10pt; text-align: left">Redeemable preferred stock</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98C_eus-gaap--AvailableForSaleDebtSecuritiesAmortizedCostBasis_iI_c20230331__us-gaap--FinancialInstrumentAxis__us-gaap--RedeemablePreferredStockMember_zwzwJXls0zS5" style="border-bottom: Black 1pt solid; text-align: right" title="Available for sale securities, amortized cost">250,000</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_986_eus-gaap--AvailableForSaleDebtSecuritiesGrossUnrealizedGain_c20230101__20230331__us-gaap--FinancialInstrumentAxis__us-gaap--RedeemablePreferredStockMember_zEUiiji8Mtvh" style="border-bottom: Black 1pt solid; text-align: right" title="Available for sale securities, unrecognized holding gain">10,000</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_988_eus-gaap--AvailableForSaleDebtSecuritiesGrossUnrealizedLoss_iN_di_c20230101__20230331__us-gaap--FinancialInstrumentAxis__us-gaap--RedeemablePreferredStockMember_zaSVjMJ6kGWg" style="border-bottom: Black 1pt solid; text-align: right" title="Available for sale securities, unrecognized holding loss">-</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98C_eus-gaap--DebtSecuritiesAvailableForSaleAllowanceForCreditLoss_iNI_di_c20230331__us-gaap--FinancialInstrumentAxis__us-gaap--RedeemablePreferredStockMember_zPnVB4RVVMx2" style="border-bottom: Black 1pt solid; text-align: right" title="Available for sale securities, allowance for credit losses">-</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_983_eus-gaap--AvailableForSaleSecuritiesDebtSecuritiesCurrent_iI_c20230331__us-gaap--FinancialInstrumentAxis__us-gaap--RedeemablePreferredStockMember_ztv94yaw07Ge" style="border-bottom: Black 1pt solid; text-align: right" title="Available for sale securities, estimated fair value">260,000</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 20pt; text-align: left; padding-bottom: 2.5pt">Total fixed maturity securities available for sale</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98C_eus-gaap--AvailableForSaleDebtSecuritiesAmortizedCostBasis_iI_c20230331_zYaEYHXSf7F3" style="border-bottom: Black 2.5pt double; text-align: right" title="Available for sale securities, amortized cost">369,382,018</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98D_eus-gaap--AvailableForSaleDebtSecuritiesGrossUnrealizedGain_c20230101__20230331_zGbdmZuG9Asg" style="border-bottom: Black 2.5pt double; text-align: right" title="Available for sale securities, unrecognized holding gain">4,002,139</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98C_eus-gaap--AvailableForSaleDebtSecuritiesGrossUnrealizedLoss_iN_di_c20230101__20230331_zJpyJmCRBqX5" style="border-bottom: Black 2.5pt double; text-align: right" title="Available for sale securities, unrecognized holding loss">(15,634,130</td><td style="padding-bottom: 2.5pt; text-align: left">)</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_989_eus-gaap--DebtSecuritiesAvailableForSaleAllowanceForCreditLoss_iNI_di_c20230331_zn01XYgVCMj1" style="border-bottom: Black 2.5pt double; text-align: right" title="Available for sale securities, allowance for credit losses">(179,500</td><td style="padding-bottom: 2.5pt; text-align: left">)</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_983_eus-gaap--AvailableForSaleSecuritiesDebtSecuritiesCurrent_iI_c20230331_zwcjLrNUIeJc" style="border-bottom: Black 2.5pt double; text-align: right" title="Available for sale securities, estimated fair value">357,570,527</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Equity securities at estimated fair value:</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Common stock:</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 1pt">Industrial, miscellaneous and all other</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left">$</td><td id="xdx_984_eus-gaap--EquitySecuritiesFvNiCost_iI_c20230331__us-gaap--FinancialInstrumentAxis__custom--IndustrialMiscellaneousAndAllOtherMember_z6V7EIh6bA1" style="border-bottom: Black 1pt solid; text-align: right" title="Available-for-sale securities, amortized cost basis">10,356,783</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left">$</td><td id="xdx_989_eus-gaap--EquitySecuritiesFvNiUnrealizedGain_c20230101__20230331__us-gaap--FinancialInstrumentAxis__custom--IndustrialMiscellaneousAndAllOtherMember_zP3dl9buDghg" style="border-bottom: Black 1pt solid; text-align: right" title="Available-for-sale securities, gross unrealized gain">2,741,720</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left">$</td><td id="xdx_98F_eus-gaap--EquitySecuritiesFvNiUnrealizedLoss_iN_di_c20230101__20230331__us-gaap--FinancialInstrumentAxis__custom--IndustrialMiscellaneousAndAllOtherMember_zIHcexRPEIH3" style="border-bottom: Black 1pt solid; text-align: right" title="Available for sale securities - gross unrealized losses">(744,496</td><td style="padding-bottom: 1pt; text-align: left">)</td><td style="padding-bottom: 1pt"> </td> <td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt; text-align: right"> </td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left">$</td><td id="xdx_98A_eus-gaap--EquitySecuritiesFvNi_iI_c20230331__us-gaap--FinancialInstrumentAxis__custom--IndustrialMiscellaneousAndAllOtherMember_zl9ZubFxSrp" style="border-bottom: Black 1pt solid; text-align: right" title="Available-for-sale securities, gross unrealized gain">12,354,007</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 10pt; text-align: left; padding-bottom: 2.5pt">Total equity securities at estimated fair value</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_989_eus-gaap--EquitySecuritiesFvNiCost_iI_c20230331__us-gaap--FinancialInstrumentAxis__custom--EquitySecuritiesOneMember_z6hbVhltjnEe" style="border-bottom: Black 2.5pt double; text-align: right" title="Available-for-sale securities, amortized cost basis">10,356,783</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_983_eus-gaap--EquitySecuritiesFvNiUnrealizedGain_c20230101__20230331__us-gaap--FinancialInstrumentAxis__custom--EquitySecuritiesOneMember_zZdPh7VzZcrh" style="border-bottom: Black 2.5pt double; text-align: right" title="Available-for-sale securities, gross unrealized gain">2,741,720</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98A_eus-gaap--EquitySecuritiesFvNiUnrealizedLoss_iN_di_c20230101__20230331__us-gaap--FinancialInstrumentAxis__custom--EquitySecuritiesOneMember_zVkr0lS7dVRf" style="border-bottom: Black 2.5pt double; text-align: right" title="Available for sale securities - gross unrealized losses">(744,496</td><td style="padding-bottom: 2.5pt; text-align: left">)</td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt; text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_987_eus-gaap--EquitySecuritiesFvNi_iI_c20230331__us-gaap--FinancialInstrumentAxis__custom--EquitySecuritiesOneMember_ztlrPFQETfW1" style="border-bottom: Black 2.5pt double; text-align: right" title="Available-for-sale securities, gross unrealized gain">12,354,007</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Mortgage loans held for investment at amortized cost:</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-left: 10pt">Residential</td><td> </td> <td style="text-align: left">$</td><td id="xdx_982_eus-gaap--NotesReceivableGross_iI_c20230331__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember_ztae2q8RhRj8" style="text-align: right" title="Mortgage loans on real estate and construction">94,471,213</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 10pt; text-align: left">Residential construction</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98A_eus-gaap--NotesReceivableGross_iI_c20230331__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember_zg0z3lf4Pl67" style="text-align: right" title="Mortgage loans on real estate and construction">146,093,947</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-left: 10pt">Commercial</td><td> </td> <td style="text-align: left"> </td><td id="xdx_985_eus-gaap--NotesReceivableGross_iI_c20230331__us-gaap--FinancialInstrumentAxis__custom--CommercialMember_z9OswQ9oOBz6" style="text-align: right" title="Mortgage loans on real estate and construction">50,807,452</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 10pt; text-align: left">Less: Unamortized deferred loan fees, net</td><td> </td> <td style="text-align: left"> </td><td id="xdx_982_ecustom--MortgageLoansOnRealEstateAndConstructionUnamortizedDeferredLoanFeesNet_iI_c20230331_zrRHVug9BJs1" style="text-align: right" title="Mortgage loans on real estate and construction, unamortized deferred loan fees, net">(1,752,369</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-left: 10pt; text-align: left">Less: Allowance for credit losses</td><td> </td> <td style="text-align: left"> </td><td id="xdx_984_eus-gaap--FinancingReceivableAllowanceForCreditLosses_iNI_di_c20230331_zHxhQhBcE0ge" style="text-align: right" title="Mortgage loans on real estate and construction, allowance for losses">(2,735,419</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 10pt; text-align: left; padding-bottom: 1pt">Less: Net discounts</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98F_ecustom--MortgageLoansOnRealEstateAndConstructionDiscount_iI_c20230331_zPf4BxF6b7U9" style="border-bottom: Black 1pt solid; text-align: right" title="Mortgage loans on real estate and construction, discount">(338,185</td><td style="padding-bottom: 1pt; text-align: left">)</td><td style="padding-bottom: 1pt"> </td> <td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt; text-align: right"> </td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt; text-align: right"> </td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt; text-align: right"> </td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt; text-align: right"> </td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 2.5pt">Total mortgage loans held for investment</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_987_eus-gaap--MortgageLoansOnRealEstateCommercialAndConsumerNet_iI_c20230331_zWA8EKOSlYS3" style="border-bottom: Black 2.5pt double; text-align: right" title="Mortgage loans on real estate and construction">286,546,639</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt; text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt; text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt; text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt; text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Real estate held for investment - net of accumulated depreciation:</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-left: 20pt">Residential</td><td> </td> <td style="text-align: left">$</td><td id="xdx_98B_eus-gaap--RealEstateInvestmentPropertyNet_iI_c20230331__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember_zMC99Faqnap1" style="text-align: right" title="Real estate held for investment, net of depreciation">35,358,867</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 20pt; padding-bottom: 1pt">Commercial</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_986_eus-gaap--RealEstateInvestmentPropertyNet_iI_c20230331__us-gaap--FinancialInstrumentAxis__custom--CommercialMember_zlmB1qW2Ghxk" style="border-bottom: Black 1pt solid; text-align: right" title="Real estate held for investment, net of depreciation">151,718,145</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt; text-align: right"> </td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt; text-align: right"> </td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt; text-align: right"> </td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt; text-align: right"> </td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: justify; padding-bottom: 2.5pt">Total real estate held for investment</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_980_eus-gaap--RealEstateInvestmentPropertyNet_iI_c20230331_zqSYNBi7L6Gf" style="border-bottom: Black 2.5pt double; text-align: right" title="Real estate held for investment, net of depreciation">187,077,012</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt; text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt; text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt; text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt; text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: justify">Real estate held for sale:</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-left: 20pt">Residential</td><td> </td> <td style="text-align: left">$</td><td id="xdx_980_eus-gaap--RealEstateHeldforsale_iI_c20230331__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember_zGOqN00Cw3xa" style="text-align: right" title="Real estate held for sale">7,238,709</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 20pt; padding-bottom: 1pt">Commercial</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98F_eus-gaap--RealEstateHeldforsale_iI_c20230331__us-gaap--FinancialInstrumentAxis__custom--CommercialMember_zafhl12UAcGb" style="border-bottom: Black 1pt solid; text-align: right" title="Real estate held for sale">151,553</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt; text-align: right"> </td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt; text-align: right"> </td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt; text-align: right"> </td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt; text-align: right"> </td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: justify; padding-bottom: 2.5pt">Total real estate held for sale</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98A_eus-gaap--RealEstateHeldforsale_iI_c20230331_zxAPHujcXCU8" style="border-bottom: Black 2.5pt double; text-align: right" title="Real estate held for sale">7,390,262</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt; text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt; text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt; text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt; text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Other investments and policy loans at amortized cost:</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-left: 20pt; text-align: left">Policy loans</td><td> </td> <td style="text-align: left">$</td><td id="xdx_98F_ecustom--PolicyLoansAmortizedCost_iI_c20230331_zn00R0XFw2kf" style="text-align: right" title="Policy loans">13,012,347</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 20pt; text-align: left">Insurance assignments</td><td> </td> <td style="text-align: left"> </td><td id="xdx_984_ecustom--InsuranceAssignmentsAmortizedCost_iI_c20230331_z3XORZd9fpu6" style="text-align: right" title="Insurance assignments">45,573,831</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-left: 20pt; text-align: left">Federal Home Loan Bank stock (2)</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98F_eus-gaap--FederalHomeLoanBankStock_iI_c20230331_fKDIp_zNV0fwOc0El1" style="text-align: right" title="Federal home loan bank stock">3,896,800</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 20pt; text-align: left">Other investments</td><td> </td> <td style="text-align: left"> </td><td id="xdx_987_ecustom--OtherInvestmentsAmortizedCost_iI_c20230331_zqs2PJkUCYj9" style="text-align: right" title="Other investments">9,421,702</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-left: 20pt; text-align: left; padding-bottom: 1pt">Less: Allowance for credit losses for insurance assignments</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98C_ecustom--AllowanceForDoubtfulAccounts_iNI_di_c20230331_zBxTxAVpVUG6" style="border-bottom: Black 1pt solid; text-align: right" title="Allowance for doubtful accounts">(1,685,901</td><td style="padding-bottom: 1pt; text-align: left">)</td><td style="padding-bottom: 1pt"> </td> <td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt; text-align: right"> </td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt; text-align: right"> </td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt; text-align: right"> </td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt; text-align: right"> </td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 2.5pt">Total other investments and policy loans</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_988_ecustom--PolicyAndOtherLoansReceivableNet1_iI_c20230331_zaQ3n9UQ2o7d" style="border-bottom: Black 2.5pt double; text-align: right" title="Total policy loans and other investments">70,218,779</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt; text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt; text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt; text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt; text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: justify; padding-bottom: 2.5pt">Accrued investment income</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98E_eus-gaap--AccruedInvestmentIncomeReceivable_iI_c20230331_zLdgdVgy0Yni" style="border-bottom: Black 2.5pt double; text-align: right" title="Accrued investment income">9,427,239</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt; text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt; text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt; text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt; text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: justify; padding-bottom: 2.5pt">Total investments</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_980_eus-gaap--Investments_iI_c20230331_zSYcVZVoSgg3" style="border-bottom: Black 2.5pt double; text-align: right" title="Total investments">930,584,465</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt; text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt; text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt; text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt; text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> <div style="margin-top: 0pt; margin-bottom: 0pt; width: 25%"><div style="border-top: Black 1pt solid; font-size: 1pt"> </div></div> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="width: 0.25in">(1)</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">Gross unrealized losses are net of allowance for credit losses</td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td>(2)</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">Includes $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNjaGVkdWxlIG9mIEZhaXIgVmFsdWUgb2YgRml4ZWQgTWF0dXJpdHkgU2VjdXJpdGllcyAoRGV0YWlscykgKFBhcmVudGhldGhpY2FsKQA_" id="xdx_903_eus-gaap--FederalHomeLoanBankStock_iI_c20230331__srt--ProductOrServiceAxis__us-gaap--MembershipMember_zrE6xGyPVPo6" title="Short term investment">978,100 of Membership stock and $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNjaGVkdWxlIG9mIEZhaXIgVmFsdWUgb2YgRml4ZWQgTWF0dXJpdHkgU2VjdXJpdGllcyAoRGV0YWlscykgKFBhcmVudGhldGhpY2FsKQA_" id="xdx_901_eus-gaap--FederalHomeLoanBankStock_iI_c20230331__srt--ProductOrServiceAxis__custom--ActivityStockDueMember_zmJNK9efvcVe" title="Short term investment">2,918,700 of Activity stock due to short-term borrowings and letters of credit.</td></tr> </table> SECURITY NATIONAL FINANCIAL CORPORATION AND SUBSIDIARIES Notes to Condensed Consolidated Financial Statements March 31, 2023 (Unaudited) 3) Investments (Continued) The Company’s investments as of December 31, 2022 are summarized as follows: <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: bottom"> <td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Amortized Cost</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Gross Unrealized Gains</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Gross Unrealized Losses</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Estimated Fair Value</td><td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-decoration: underline; text-align: justify">December 31, 2022:</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Fixed maturity securities, available for sale, at estimated fair value:</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 10pt; width: 40%; text-align: left">U.S. Treasury securities and obligations of U.S. Government agencies</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_984_eus-gaap--AvailableForSaleDebtSecuritiesAmortizedCostBasis_iI_c20221231__us-gaap--FinancialInstrumentAxis__us-gaap--USTreasurySecuritiesMember_zdqDcghXjjo1" style="width: 11%; text-align: right" title="Available for sale securities, amortized cost">93,182,210</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_98A_eus-gaap--AvailableForSaleDebtSecuritiesGrossUnrealizedGain_c20220101__20221231__us-gaap--FinancialInstrumentAxis__us-gaap--USTreasurySecuritiesMember_z0NFczvOdmIe" style="width: 11%; text-align: right" title="Available for sale securities, unrecognized holding gain">180,643</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_981_eus-gaap--AvailableForSaleDebtSecuritiesGrossUnrealizedLoss_iN_di_c20220101__20221231__us-gaap--FinancialInstrumentAxis__us-gaap--USTreasurySecuritiesMember_zbGGOWIBjDWe" style="width: 11%; text-align: right" title="Available for sale securities, unrecognized holding loss">(2,685,277</td><td style="width: 1%; text-align: left">)</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_980_eus-gaap--AvailableForSaleSecuritiesDebtSecuritiesCurrent_iI_c20221231__us-gaap--FinancialInstrumentAxis__us-gaap--USTreasurySecuritiesMember_zEAp5eTR9aW9" style="width: 11%; text-align: right" title="Available for sale securities, estimated fair value">90,677,576</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 10pt; text-align: left">Obligations of states and political subdivisions</td><td> </td> <td style="text-align: left"> </td><td id="xdx_982_eus-gaap--AvailableForSaleDebtSecuritiesAmortizedCostBasis_iI_c20221231__us-gaap--FinancialInstrumentAxis__us-gaap--USStatesAndPoliticalSubdivisionsMember_zcv0YTcId8ld" style="text-align: right" title="Available for sale securities, amortized cost">6,675,071</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98C_eus-gaap--AvailableForSaleDebtSecuritiesGrossUnrealizedGain_c20220101__20221231__us-gaap--FinancialInstrumentAxis__us-gaap--USStatesAndPoliticalSubdivisionsMember_zwNyoZ0zEz62" style="text-align: right" title="Available for sale securities, unrecognized holding gain">13,869</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_985_eus-gaap--AvailableForSaleDebtSecuritiesGrossUnrealizedLoss_iN_di_c20220101__20221231__us-gaap--FinancialInstrumentAxis__us-gaap--USStatesAndPoliticalSubdivisionsMember_zuTe0f6ptNH1" style="text-align: right" title="Available for sale securities, unrecognized holding loss">(458,137</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98C_eus-gaap--AvailableForSaleSecuritiesDebtSecuritiesCurrent_iI_c20221231__us-gaap--FinancialInstrumentAxis__us-gaap--USStatesAndPoliticalSubdivisionsMember_zSb697W6hufg" style="text-align: right" title="Available for sale securities, estimated fair value">6,230,803</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 10pt; text-align: left">Corporate securities including public utilities</td><td> </td> <td style="text-align: left"> </td><td id="xdx_988_eus-gaap--AvailableForSaleDebtSecuritiesAmortizedCostBasis_iI_c20221231__us-gaap--FinancialInstrumentAxis__us-gaap--CorporateDebtSecuritiesMember_zS3cHwGz6iKb" style="text-align: right" title="Available for sale securities, amortized cost">229,141,544</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_989_eus-gaap--AvailableForSaleDebtSecuritiesGrossUnrealizedGain_c20220101__20221231__us-gaap--FinancialInstrumentAxis__us-gaap--CorporateDebtSecuritiesMember_zvKJVFZiDqW3" style="text-align: right" title="Available for sale securities, unrecognized holding gain">1,909,630</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_982_eus-gaap--AvailableForSaleDebtSecuritiesGrossUnrealizedLoss_iN_di_c20220101__20221231__us-gaap--FinancialInstrumentAxis__us-gaap--CorporateDebtSecuritiesMember_zl5sSwjgYiU7" style="text-align: right" title="Available for sale securities, unrecognized holding loss">(11,930,773</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td id="xdx_988_eus-gaap--AvailableForSaleSecuritiesDebtSecuritiesCurrent_iI_c20221231__us-gaap--FinancialInstrumentAxis__us-gaap--CorporateDebtSecuritiesMember_z8ralT1Bntbj" style="text-align: right" title="Available for sale securities, estimated fair value">219,120,401</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 10pt; text-align: left">Mortgage-backed securities</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98F_eus-gaap--AvailableForSaleDebtSecuritiesAmortizedCostBasis_iI_c20221231__us-gaap--FinancialInstrumentAxis__us-gaap--MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMember_zAIWkcLqXqJj" style="text-align: right" title="Available for sale securities, amortized cost">33,501,686</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_986_eus-gaap--AvailableForSaleDebtSecuritiesGrossUnrealizedGain_c20220101__20221231__us-gaap--FinancialInstrumentAxis__us-gaap--MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMember_zFkMrHZfum8b" style="text-align: right" title="Available for sale securities, unrecognized holding gain">168,700</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98E_eus-gaap--AvailableForSaleDebtSecuritiesGrossUnrealizedLoss_iN_di_c20220101__20221231__us-gaap--FinancialInstrumentAxis__us-gaap--MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMember_zntnGq15brN1" style="text-align: right" title="Available for sale securities, unrecognized holding loss">(4,100,674</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td id="xdx_980_eus-gaap--AvailableForSaleSecuritiesDebtSecuritiesCurrent_iI_c20221231__us-gaap--FinancialInstrumentAxis__us-gaap--MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMember_zqZ6Oitr48a6" style="text-align: right" title="Available for sale securities, estimated fair value">29,569,712</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 10pt; text-align: left">Redeemable preferred stock</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98D_eus-gaap--AvailableForSaleDebtSecuritiesAmortizedCostBasis_iI_c20221231__us-gaap--FinancialInstrumentAxis__us-gaap--RedeemablePreferredStockMember_zvsOKy3Bcnm2" style="text-align: right" title="Available for sale securities, amortized cost">250,000</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98D_eus-gaap--AvailableForSaleDebtSecuritiesGrossUnrealizedGain_c20220101__20221231__us-gaap--FinancialInstrumentAxis__us-gaap--RedeemablePreferredStockMember_znXKQ7Azsdmc" style="text-align: right" title="Available for sale securities, unrecognized holding gain">10,000</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_984_eus-gaap--AvailableForSaleDebtSecuritiesGrossUnrealizedLoss_iN_di_c20220101__20221231__us-gaap--FinancialInstrumentAxis__us-gaap--RedeemablePreferredStockMember_zBwurNp7dqKl" style="text-align: right" title="Available for sale securities, unrecognized holding loss">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_980_eus-gaap--AvailableForSaleSecuritiesDebtSecuritiesCurrent_iI_c20221231__us-gaap--FinancialInstrumentAxis__us-gaap--RedeemablePreferredStockMember_zso1NGHulgP4" style="text-align: right" title="Available for sale securities, estimated fair value">260,000</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right"> </td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right"> </td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right"> </td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right"> </td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 20pt; text-align: left; padding-bottom: 2.5pt">Total fixed maturity securities available for sale</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_982_eus-gaap--AvailableForSaleDebtSecuritiesAmortizedCostBasis_iI_c20221231_ztrKOSuehDBd" style="border-bottom: Black 2.5pt double; text-align: right" title="Available for sale securities, amortized cost">362,750,511</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_984_eus-gaap--AvailableForSaleDebtSecuritiesGrossUnrealizedGain_c20220101__20221231_zxo055XoIVIh" style="border-bottom: Black 2.5pt double; text-align: right" title="Available for sale securities, unrecognized holding gain">2,282,842</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98B_eus-gaap--AvailableForSaleDebtSecuritiesGrossUnrealizedLoss_iN_di_c20220101__20221231_zSrBQycVLPn1" style="border-bottom: Black 2.5pt double; text-align: right" title="Available for sale securities, unrecognized holding loss">(19,174,861</td><td style="padding-bottom: 2.5pt; text-align: left">)</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_989_eus-gaap--AvailableForSaleSecuritiesDebtSecuritiesCurrent_iI_c20221231_zhCSMUoHbOx3" style="border-bottom: Black 2.5pt double; text-align: right" title="Available for sale securities, estimated fair value">345,858,492</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Equity securities at estimated fair value:</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Common stock:</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 1pt">Industrial, miscellaneous and all other</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left">$</td><td id="xdx_98B_eus-gaap--EquitySecuritiesFvNiCost_iI_c20221231__us-gaap--FinancialInstrumentAxis__custom--IndustrialMiscellaneousAndAllOtherMember_z0bUiDobONU4" style="border-bottom: Black 1pt solid; text-align: right" title="Available-for-sale securities, amortized cost basis">9,942,265</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left">$</td><td id="xdx_98C_eus-gaap--EquitySecuritiesFvNiUnrealizedGain_c20220101__20221231__us-gaap--FinancialInstrumentAxis__custom--IndustrialMiscellaneousAndAllOtherMember_zTRg1bwcB4Ai" style="border-bottom: Black 1pt solid; text-align: right" title="Available-for-sale securities, gross unrealized gain">2,688,375</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left">$</td><td id="xdx_980_eus-gaap--EquitySecuritiesFvNiUnrealizedLoss_iN_di_c20220101__20221231__us-gaap--FinancialInstrumentAxis__custom--IndustrialMiscellaneousAndAllOtherMember_zmt3d5BL8aI7" style="border-bottom: Black 1pt solid; text-align: right" title="Available for sale securities - gross unrealized losses">(948,114</td><td style="padding-bottom: 1pt; text-align: left">)</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left">$</td><td id="xdx_98E_eus-gaap--EquitySecuritiesFvNi_iI_c20221231__us-gaap--FinancialInstrumentAxis__custom--IndustrialMiscellaneousAndAllOtherMember_zob10aFF4mXf" style="border-bottom: Black 1pt solid; text-align: right" title="Available-for-sale securities, gross unrealized gain">11,682,526</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 10pt; text-align: left; padding-bottom: 2.5pt">Total equity securities at estimated fair value</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98F_eus-gaap--EquitySecuritiesFvNiCost_iI_c20221231__us-gaap--FinancialInstrumentAxis__custom--EquitySecuritiesOneMember_zEMztzdKHKu" style="border-bottom: Black 2.5pt double; text-align: right" title="Available-for-sale securities, amortized cost basis">9,942,265</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_987_eus-gaap--EquitySecuritiesFvNiUnrealizedGain_c20220101__20221231__us-gaap--FinancialInstrumentAxis__custom--EquitySecuritiesOneMember_zN71TSJ5vHW2" style="border-bottom: Black 2.5pt double; text-align: right" title="Available-for-sale securities, gross unrealized gain">2,688,375</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_986_eus-gaap--EquitySecuritiesFvNiUnrealizedLoss_iN_di_c20220101__20221231__us-gaap--FinancialInstrumentAxis__custom--EquitySecuritiesOneMember_zFDrKUohk5Uc" style="border-bottom: Black 2.5pt double; text-align: right" title="Available for sale securities - gross unrealized losses">(948,114</td><td style="padding-bottom: 2.5pt; text-align: left">)</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_980_eus-gaap--EquitySecuritiesFvNi_iI_c20221231__us-gaap--FinancialInstrumentAxis__custom--EquitySecuritiesOneMember_zv6L16E7fPk3" style="border-bottom: Black 2.5pt double; text-align: right" title="Available-for-sale securities, gross unrealized gain">11,682,526</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Mortgage loans held for investment at amortized cost:</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-left: 10pt">Residential</td><td> </td> <td style="text-align: left">$</td><td id="xdx_98B_eus-gaap--NotesReceivableGross_iI_c20221231__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember_zwvJg4mcNR2f" style="text-align: right" title="Mortgage loans on real estate and construction">93,355,623</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 10pt; text-align: left">Residential construction</td><td> </td> <td style="text-align: left"> </td><td id="xdx_986_eus-gaap--NotesReceivableGross_iI_c20221231__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember_zuOKXcjYu1Af" style="text-align: right" title="Mortgage loans on real estate and construction">172,516,125</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-left: 10pt">Commercial</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98A_eus-gaap--NotesReceivableGross_iI_c20221231__us-gaap--FinancialInstrumentAxis__custom--CommercialMember_zn243raUk4W1" style="text-align: right" title="Mortgage loans on real estate and construction">46,311,955</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 10pt; text-align: left">Less: Unamortized deferred loan fees, net</td><td> </td> <td style="text-align: left"> </td><td id="xdx_980_ecustom--MortgageLoansOnRealEstateAndConstructionUnamortizedDeferredLoanFeesNet_iI_c20221231_ztmZCLx3gDqh" style="text-align: right" title="Mortgage loans on real estate and construction, unamortized deferred loan fees, net">(1,746,605</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-left: 10pt; text-align: left">Less: Allowance for credit losses</td><td> </td> <td style="text-align: left"> </td><td id="xdx_984_eus-gaap--FinancingReceivableAllowanceForCreditLosses_iNI_di_c20221231_zTus4SlECe8g" style="text-align: right" title="Mortgage loans on real estate and construction, allowance for losses">(1,970,311</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 10pt; text-align: left; padding-bottom: 1pt">Less: Net discounts</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_981_ecustom--MortgageLoansOnRealEstateAndConstructionDiscount_iI_c20221231_zuhJEkOmEjX9" style="border-bottom: Black 1pt solid; text-align: right" title="Mortgage loans on real estate and construction, discount">(342,860</td><td style="padding-bottom: 1pt; text-align: left">)</td><td style="padding-bottom: 1pt"> </td> <td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt; text-align: right"> </td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt; text-align: right"> </td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt; text-align: right"> </td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 2.5pt">Total mortgage loans held for investment</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_987_eus-gaap--MortgageLoansOnRealEstateCommercialAndConsumerNet_iI_c20221231_zV4SZLddRFYe" style="border-bottom: Black 2.5pt double; text-align: right" title="Mortgage loans on real estate and construction">308,123,927</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt; text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt; text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt; text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Real estate held for investment - net of accumulated depreciation:</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-left: 10pt">Residential</td><td> </td> <td style="text-align: left">$</td><td id="xdx_985_eus-gaap--RealEstateInvestmentPropertyNet_iI_c20221231__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember_zu54ne7XkKj3" style="text-align: right" title="Real estate held for investment, net of depreciation">38,437,960</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 10pt; padding-bottom: 1pt">Commercial</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_987_eus-gaap--RealEstateInvestmentPropertyNet_iI_c20221231__us-gaap--FinancialInstrumentAxis__custom--CommercialMember_zqd3VJYuif88" style="border-bottom: Black 1pt solid; text-align: right" title="Real estate held for investment, net of depreciation">152,890,656</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt; text-align: right"> </td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt; text-align: right"> </td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt; text-align: right"> </td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: justify; padding-bottom: 2.5pt">Total real estate held for investment</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98A_eus-gaap--RealEstateInvestmentPropertyNet_iI_c20221231_z4RxkDYnLd73" style="border-bottom: Black 2.5pt double; text-align: right" title="Real estate held for investment, net of depreciation">191,328,616</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt; text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt; text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt; text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: justify">Real estate held for sale:</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td>Residential</td><td> </td> <td style="text-align: left">$</td><td id="xdx_98C_eus-gaap--RealEstateHeldforsale_iI_c20221231__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember_z5A2k10mjODe" style="text-align: right" title="Real estate held for sale">11,010,029</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-bottom: 1pt">Commercial</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_986_eus-gaap--RealEstateHeldforsale_iI_c20221231__us-gaap--FinancialInstrumentAxis__custom--CommercialMember_z9nAQUdvBI3f" style="border-bottom: Black 1pt solid; text-align: right" title="Real estate held for sale">151,553</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt; text-align: right"> </td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt; text-align: right"> </td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt; text-align: right"> </td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: justify; padding-bottom: 2.5pt">Total real estate held for sale</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98C_eus-gaap--RealEstateHeldforsale_iI_c20221231_z3QsEeJjbBXh" style="border-bottom: Black 2.5pt double; text-align: right" title="Real estate held for sale">11,161,582</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt; text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt; text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt; text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Other investments and policy loans at amortized cost:</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-left: 10pt; text-align: left">Policy loans</td><td> </td> <td style="text-align: left">$</td><td id="xdx_98E_ecustom--PolicyLoansAmortizedCost_iI_c20221231_zsT1OGl0SWEh" style="text-align: right" title="Policy loans">13,095,473</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 10pt; text-align: left">Insurance assignments</td><td> </td> <td style="text-align: left"> </td><td id="xdx_984_ecustom--InsuranceAssignmentsAmortizedCost_iI_c20221231_zjHsPOrjtAV8" style="text-align: right" title="Insurance assignments">46,942,536</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-left: 10pt; text-align: left">Federal Home Loan Bank stock (1)</td><td> </td> <td style="text-align: left"> </td><td id="xdx_988_eus-gaap--FederalHomeLoanBankStock_iI_c20221231_fKDEp_zr3V42lt0EP7" style="text-align: right" title="Federal home loan bank stock">2,600,300</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 10pt; text-align: left">Other investments</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98C_ecustom--OtherInvestmentsAmortizedCost_iI_c20221231_znNXhHEJh929" style="text-align: right" title="Other investments">9,479,798</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-left: 10pt; text-align: left; padding-bottom: 1pt">Less: Allowance for credit losses for insurance assignments</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98A_ecustom--AllowanceForDoubtfulAccounts_iNI_di_c20221231_z46Jakz6Mfsi" style="border-bottom: Black 1pt solid; text-align: right" title="Allowance for doubtful accounts">(1,609,951</td><td style="padding-bottom: 1pt; text-align: left">)</td><td style="padding-bottom: 1pt"> </td> <td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt; text-align: right"> </td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt; text-align: right"> </td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt; text-align: right"> </td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 2.5pt">Total other investments and policy loans</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_981_ecustom--PolicyAndOtherLoansReceivableNet1_iI_c20221231_zqjn660iamYl" style="border-bottom: Black 2.5pt double; text-align: right" title="Total policy loans and other investments">70,508,156</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt; text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt; text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt; text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: justify; padding-bottom: 2.5pt">Accrued investment income</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98E_eus-gaap--AccruedInvestmentIncomeReceivable_iI_c20221231_ztRCkib4qGk5" style="border-bottom: Black 2.5pt double; text-align: right" title="Accrued investment income">10,299,826</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt; text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt; text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt; text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: justify; padding-bottom: 2.5pt">Total investments</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98C_eus-gaap--Investments_iI_c20221231_zMaUTnkhbPMi" style="border-bottom: Black 2.5pt double; text-align: right" title="Total investments">948,963,125</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt; text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt; text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt; text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> <div style="margin-top: 0pt; margin-bottom: 0pt; width: 25%"><div style="border-top: Black 1pt solid; font-size: 1pt"> </div></div> <table border="0" cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"> <tr style="vertical-align: top"> <td style="text-align: left; width: 0.25in">(1)</td> <td style="text-align: justify">Includes $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNjaGVkdWxlIG9mIEZhaXIgVmFsdWUgb2YgRml4ZWQgTWF0dXJpdHkgU2VjdXJpdGllcyAoRGV0YWlscykgKFBhcmVudGhldGhpY2FsKQA_" id="xdx_902_eus-gaap--FederalHomeLoanBankStock_iI_c20221231__srt--ProductOrServiceAxis__us-gaap--MembershipMember_zxEkXItw3cj1" title="Short term investment">938,500 of Membership stock and $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNjaGVkdWxlIG9mIEZhaXIgVmFsdWUgb2YgRml4ZWQgTWF0dXJpdHkgU2VjdXJpdGllcyAoRGV0YWlscykgKFBhcmVudGhldGhpY2FsKQA_" id="xdx_90D_eus-gaap--FederalHomeLoanBankStock_iI_c20221231__srt--ProductOrServiceAxis__custom--ActivityStockDueMember_zz0buOmKCJ43" title="Short term investment">1,661,800 of Activity stock due to short-term advances and letters of credit.</td></tr> </table>

95362166

305924

2047395

93620695

6766771

14954

337946

6443779

233143391

3467771

9039301

179500

227392361

33859690

203490

4209488

29853692

250000

10000

260000

369382018

4002139

15634130

179500

357570527

10356783

2741720

744496

12354007

10356783

2741720

744496

12354007

94471213

146093947

50807452

-1752369

2735419

-338185

286546639

35358867

151718145

187077012

7238709

151553

7390262

13012347 45573831

3896800

9421702 1685901 70218779

9427239

930584465

978100

2918700

93182210

180643

2685277

90677576

6675071

13869

458137

6230803

229141544

1909630

11930773

219120401

33501686

168700

4100674

29569712

250000

10000

260000

362750511

2282842

19174861

345858492

9942265

2688375

948114

11682526

9942265

2688375

948114

11682526

93355623

172516125

46311955

-1746605

1970311

-342860

308123927

38437960

152890656

191328616

11010029

151553

11161582

13095473 46942536

2600300

9479798 1609951 70508156

10299826

948963125

938500

1661800

Schedule of Fair Value of Fixed Maturity Securities <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: bottom"> <td> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Unrealized Losses for Less than Twelve Months</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Fair Value</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Unrealized Losses for More than Twelve Months</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Fair Value</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Total Unrealized Loss</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Combined Fair Value</td><td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-decoration: underline">At March 31, 2023</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="width: 40%; text-align: left">U.S. Treasury Securities And Obligations of U.S. Government Agencies</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_984_eus-gaap--DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss_iI_c20230331__us-gaap--FinancialInstrumentAxis__us-gaap--USTreasurySecuritiesMember_zFEjfxj1MfT4" style="width: 6%; text-align: right" title="Available for sale securities, unrecognized holding loss">644,240</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_980_eus-gaap--DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months_iI_c20230331__us-gaap--FinancialInstrumentAxis__us-gaap--USTreasurySecuritiesMember_zlWGWugzBBa6" style="width: 6%; text-align: right" title="Available for sale securities, fair value">53,196,137</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_981_eus-gaap--DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss_iI_c20230331__us-gaap--FinancialInstrumentAxis__us-gaap--USTreasurySecuritiesMember_z5WfofBVnj89" style="width: 6%; text-align: right" title="Available for sale securities, unrecognized holding loss">1,403,155</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_985_eus-gaap--DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger_iI_c20230331__us-gaap--FinancialInstrumentAxis__us-gaap--USTreasurySecuritiesMember_zmUWDhK0lYak" style="width: 6%; text-align: right" title="Available for sale securities, fair value">29,019,470</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_983_eus-gaap--DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLoss_iI_c20230331__us-gaap--FinancialInstrumentAxis__us-gaap--USTreasurySecuritiesMember_zErqd3KxGpyf" style="width: 6%; text-align: right" title="Available for sale securities, unrecognized holding loss">2,047,395</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_989_eus-gaap--DebtSecuritiesAvailableForSaleUnrealizedLossPosition_iI_c20230331__us-gaap--FinancialInstrumentAxis__us-gaap--USTreasurySecuritiesMember_zVmuswQWglqg" style="width: 6%; text-align: right" title="Available for sale securities, fair value">82,215,607</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Obligations of States and Political Subdivisions</td><td> </td> <td style="text-align: left"> </td><td id="xdx_983_eus-gaap--DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss_iI_c20230331__us-gaap--FinancialInstrumentAxis__us-gaap--USStatesAndPoliticalSubdivisionsMember_zmqR2hG5S0C5" style="text-align: right" title="Available for sale securities, unrecognized holding loss">204,976</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_989_eus-gaap--DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months_iI_c20230331__us-gaap--FinancialInstrumentAxis__us-gaap--USStatesAndPoliticalSubdivisionsMember_zlq9L9dFy7s2" style="text-align: right" title="Available for sale securities, fair value">4,644,270</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_988_eus-gaap--DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss_iI_c20230331__us-gaap--FinancialInstrumentAxis__us-gaap--USStatesAndPoliticalSubdivisionsMember_zEsLVKwluAib" style="text-align: right" title="Available for sale securities, unrecognized holding loss">132,970</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_987_eus-gaap--DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger_iI_c20230331__us-gaap--FinancialInstrumentAxis__us-gaap--USStatesAndPoliticalSubdivisionsMember_zEPjMjaAywTe" style="text-align: right" title="Available for sale securities, fair value">1,213,482</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_981_eus-gaap--DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLoss_iI_c20230331__us-gaap--FinancialInstrumentAxis__us-gaap--USStatesAndPoliticalSubdivisionsMember_zf1rVkrO3YLg" style="text-align: right" title="Available for sale securities, unrecognized holding loss">337,946</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_983_eus-gaap--DebtSecuritiesAvailableForSaleUnrealizedLossPosition_iI_c20230331__us-gaap--FinancialInstrumentAxis__us-gaap--USStatesAndPoliticalSubdivisionsMember_z2pnU0eVgzS6" style="text-align: right" title="Available for sale securities, fair value">5,857,752</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Corporate Securities</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98B_eus-gaap--DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss_iI_c20230331__us-gaap--FinancialInstrumentAxis__custom--CorporateSecuritiesMember_zDtBL0q1FO0a" style="text-align: right" title="Available for sale securities, unrecognized holding loss">5,315,889</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_984_eus-gaap--DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months_iI_c20230331__us-gaap--FinancialInstrumentAxis__custom--CorporateSecuritiesMember_zys90kaKP6kl" style="text-align: right" title="Available for sale securities, fair value">123,534,510</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98E_eus-gaap--DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss_iI_c20230331__us-gaap--FinancialInstrumentAxis__custom--CorporateSecuritiesMember_zUxcaeBpQGt5" style="text-align: right" title="Available for sale securities, unrecognized holding loss">3,723,412</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98B_eus-gaap--DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger_iI_c20230331__us-gaap--FinancialInstrumentAxis__custom--CorporateSecuritiesMember_zO6rR3oBiUM3" style="text-align: right" title="Available for sale securities, fair value">26,399,408</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_985_eus-gaap--DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLoss_iI_c20230331__us-gaap--FinancialInstrumentAxis__custom--CorporateSecuritiesMember_z42urNFQsGd4" style="text-align: right" title="Available for sale securities, unrecognized holding loss">9,039,301</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_982_eus-gaap--DebtSecuritiesAvailableForSaleUnrealizedLossPosition_iI_c20230331__us-gaap--FinancialInstrumentAxis__custom--CorporateSecuritiesMember_zpSRPqf5zcU8" style="text-align: right" title="Available for sale securities, fair value">149,933,918</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 1pt">Mortgage and other asset-backed securities</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_982_eus-gaap--DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss_iI_c20230331__us-gaap--FinancialInstrumentAxis__us-gaap--MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMember_z7S8IOBZ7YJl" style="border-bottom: Black 1pt solid; text-align: right" title="Available for sale securities, unrecognized holding loss">586,825</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98C_eus-gaap--DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months_iI_c20230331__us-gaap--FinancialInstrumentAxis__us-gaap--MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMember_z1JLfyVvw735" style="border-bottom: Black 1pt solid; text-align: right" title="Available for sale securities, fair value">6,984,005</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_982_eus-gaap--DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss_iI_c20230331__us-gaap--FinancialInstrumentAxis__us-gaap--MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMember_zAgjpC0PvqLh" style="border-bottom: Black 1pt solid; text-align: right" title="Available for sale securities, unrecognized holding loss">3,622,663</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98C_eus-gaap--DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger_iI_c20230331__us-gaap--FinancialInstrumentAxis__us-gaap--MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMember_zL8I2PQ5Ni19" style="border-bottom: Black 1pt solid; text-align: right" title="Available for sale securities, fair value">19,465,113</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_989_eus-gaap--DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLoss_iI_c20230331__us-gaap--FinancialInstrumentAxis__us-gaap--MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMember_z2bAa1c646Kj" style="border-bottom: Black 1pt solid; text-align: right" title="Available for sale securities, unrecognized holding loss">4,209,488</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_985_eus-gaap--DebtSecuritiesAvailableForSaleUnrealizedLossPosition_iI_c20230331__us-gaap--FinancialInstrumentAxis__us-gaap--MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMember_zjGauqYq8WAl" style="border-bottom: Black 1pt solid; text-align: right" title="Available for sale securities, fair value">26,449,118</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-bottom: 2.5pt">Totals</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_983_eus-gaap--DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss_iI_c20230331_ztiH2LRL0Ty7" style="border-bottom: Black 2.5pt double; text-align: right" title="Available for sale securities, unrecognized holding loss">6,751,930</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98C_eus-gaap--DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months_iI_c20230331_zXJuUqPv46b5" style="border-bottom: Black 2.5pt double; text-align: right" title="Available for sale securities, fair value">188,358,922</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_987_eus-gaap--DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss_iI_c20230331_zkHt6A1fIdm3" style="border-bottom: Black 2.5pt double; text-align: right" title="Available for sale securities, unrecognized holding loss">8,882,200</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_982_eus-gaap--DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger_iI_c20230331_zlAWjlO6c4sd" style="border-bottom: Black 2.5pt double; text-align: right" title="Available for sale securities, fair value">76,097,473</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_984_eus-gaap--DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLoss_iI_c20230331_zEVm5DRySEi" style="border-bottom: Black 2.5pt double; text-align: right" title="Available for sale securities, unrecognized holding loss">15,634,130</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98A_eus-gaap--DebtSecuritiesAvailableForSaleUnrealizedLossPosition_iI_c20230331_zlAhKtXjlMae" style="border-bottom: Black 2.5pt double; text-align: right" title="Available for sale securities, fair value">264,456,395</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-decoration: underline">At December 31, 2022</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">U.S. Treasury Securities And Obligations of U.S. Government Agencies</td><td> </td> <td style="text-align: left">$</td><td id="xdx_989_eus-gaap--DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss_iI_c20221231__us-gaap--FinancialInstrumentAxis__us-gaap--USTreasurySecuritiesMember_zeBrOUTW4S9e" style="text-align: right" title="Available for sale securities, unrecognized holding loss">2,685,277</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td id="xdx_986_eus-gaap--DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months_iI_c20221231__us-gaap--FinancialInstrumentAxis__us-gaap--USTreasurySecuritiesMember_zEyPadt1bFg1" style="text-align: right" title="Available for sale securities, fair value">79,400,753</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td id="xdx_984_eus-gaap--DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss_iI_c20221231__us-gaap--FinancialInstrumentAxis__us-gaap--USTreasurySecuritiesMember_z4RCyfJdjNci" style="text-align: right" title="Available for sale securities, unrecognized holding loss">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td id="xdx_987_eus-gaap--DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger_iI_c20221231__us-gaap--FinancialInstrumentAxis__us-gaap--USTreasurySecuritiesMember_zwTTS3Fw4hi1" style="text-align: right" title="Available for sale securities, fair value">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td id="xdx_98E_eus-gaap--DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLoss_iI_c20221231__us-gaap--FinancialInstrumentAxis__us-gaap--USTreasurySecuritiesMember_z1X74NYOvSG1" style="text-align: right" title="Available for sale securities, unrecognized holding loss">2,685,277</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td id="xdx_98A_eus-gaap--DebtSecuritiesAvailableForSaleUnrealizedLossPosition_iI_c20221231__us-gaap--FinancialInstrumentAxis__us-gaap--USTreasurySecuritiesMember_zITZkJEjaAVf" style="text-align: right" title="Available for sale securities, fair value">79,400,753</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Obligations of States and Political Subdivisions</td><td> </td> <td style="text-align: left"> </td><td id="xdx_982_eus-gaap--DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss_iI_c20221231__us-gaap--FinancialInstrumentAxis__us-gaap--USStatesAndPoliticalSubdivisionsMember_zrF7r21IJcrj" style="text-align: right" title="Available for sale securities, unrecognized holding loss">378,067</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98E_eus-gaap--DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months_iI_c20221231__us-gaap--FinancialInstrumentAxis__us-gaap--USStatesAndPoliticalSubdivisionsMember_zxb9iSEsI3Pk" style="text-align: right" title="Available for sale securities, fair value">5,467,910</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98E_eus-gaap--DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss_iI_c20221231__us-gaap--FinancialInstrumentAxis__us-gaap--USStatesAndPoliticalSubdivisionsMember_zzNJGSFj7iO6" style="text-align: right" title="Available for sale securities, unrecognized holding loss">80,070</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98A_eus-gaap--DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger_iI_c20221231__us-gaap--FinancialInstrumentAxis__us-gaap--USStatesAndPoliticalSubdivisionsMember_zcEzQ2NeRSMl" style="text-align: right" title="Available for sale securities, fair value">429,020</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_986_eus-gaap--DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLoss_iI_c20221231__us-gaap--FinancialInstrumentAxis__us-gaap--USStatesAndPoliticalSubdivisionsMember_zwvCcaT8h7rd" style="text-align: right" title="Available for sale securities, fair value">458,137</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_989_eus-gaap--DebtSecuritiesAvailableForSaleUnrealizedLossPosition_iI_c20221231__us-gaap--FinancialInstrumentAxis__us-gaap--USStatesAndPoliticalSubdivisionsMember_zLXYwOTSEKu6" style="text-align: right" title="Available for sale securities, fair value">5,896,930</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Corporate Securities</td><td> </td> <td style="text-align: left"> </td><td id="xdx_982_eus-gaap--DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss_iI_c20221231__us-gaap--FinancialInstrumentAxis__custom--CorporateSecuritiesMember_zDf8zX2GBbF9" style="text-align: right" title="Available for sale securities, unrecognized holding loss">10,935,114</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98E_eus-gaap--DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months_iI_c20221231__us-gaap--FinancialInstrumentAxis__custom--CorporateSecuritiesMember_zmaDfTuaKasi" style="text-align: right" title="Available for sale securities, fair value">162,995,969</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_983_eus-gaap--DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss_iI_c20221231__us-gaap--FinancialInstrumentAxis__custom--CorporateSecuritiesMember_zYuaDXGIAgl6" style="text-align: right" title="Available for sale securities, unrecognized holding loss">995,659</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98C_eus-gaap--DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger_iI_c20221231__us-gaap--FinancialInstrumentAxis__custom--CorporateSecuritiesMember_zUIpyHYwyTp1" style="text-align: right" title="Available for sale securities, fair value">5,781,822</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_982_eus-gaap--DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLoss_iI_c20221231__us-gaap--FinancialInstrumentAxis__custom--CorporateSecuritiesMember_z4xUxsEeqOj5" style="text-align: right" title="Available for sale securities, unrecognized holding loss">11,930,773</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98A_eus-gaap--DebtSecuritiesAvailableForSaleUnrealizedLossPosition_iI_c20221231__us-gaap--FinancialInstrumentAxis__custom--CorporateSecuritiesMember_zx2yyPqAN8Jf" style="text-align: right" title="Available for sale securities, fair value">168,777,791</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 1pt">Mortgage and other asset-backed securities</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98C_eus-gaap--DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss_iI_c20221231__us-gaap--FinancialInstrumentAxis__us-gaap--MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMember_zT4QqwH0mwGk" style="border-bottom: Black 1pt solid; text-align: right" title="Available for sale securities, unrecognized holding loss">2,884,731</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_982_eus-gaap--DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months_iI_c20221231__us-gaap--FinancialInstrumentAxis__us-gaap--MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMember_ziZwum4dVYH7" style="border-bottom: Black 1pt solid; text-align: right" title="Available for sale securities, fair value">19,909,907</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_981_eus-gaap--DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss_iI_c20221231__us-gaap--FinancialInstrumentAxis__us-gaap--MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMember_z2B6iSy6hPo8" style="border-bottom: Black 1pt solid; text-align: right" title="Available for sale securities, unrecognized holding loss">1,215,943</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98D_eus-gaap--DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger_iI_c20221231__us-gaap--FinancialInstrumentAxis__us-gaap--MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMember_z04gjdm2E3Qd" style="border-bottom: Black 1pt solid; text-align: right" title="Available for sale securities, fair value">6,978,745</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_986_eus-gaap--DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLoss_iI_c20221231__us-gaap--FinancialInstrumentAxis__us-gaap--MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMember_zppzRADWmglh" style="border-bottom: Black 1pt solid; text-align: right" title="Available for sale securities, unrecognized holding loss">4,100,674</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_986_eus-gaap--DebtSecuritiesAvailableForSaleUnrealizedLossPosition_iI_c20221231__us-gaap--FinancialInstrumentAxis__us-gaap--MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMember_zoMXgh309di8" style="border-bottom: Black 1pt solid; text-align: right" title="Available for sale securities, fair value">26,888,652</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-bottom: 2.5pt">Totals</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98E_eus-gaap--DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss_iI_c20221231_zyS423P8WNok" style="border-bottom: Black 2.5pt double; text-align: right" title="Available for sale securities, unrecognized holding loss">16,883,189</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_987_eus-gaap--DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months_iI_c20221231_zBhZa3BrDll6" style="border-bottom: Black 2.5pt double; text-align: right" title="Available for sale securities, fair value">267,774,539</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_989_eus-gaap--DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss_iI_c20221231_zspaD6WUtJY" style="border-bottom: Black 2.5pt double; text-align: right" title="Available for sale securities, unrecognized holding loss">2,291,672</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_985_eus-gaap--DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger_iI_c20221231_zEQSsZFHr5m" style="border-bottom: Black 2.5pt double; text-align: right" title="Available for sale securities, fair value">13,189,587</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_987_eus-gaap--DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLoss_iI_c20221231_zGStmYsj0jVf" style="border-bottom: Black 2.5pt double; text-align: right" title="Available for sale securities, unrecognized holding loss">19,174,861</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_989_eus-gaap--DebtSecuritiesAvailableForSaleUnrealizedLossPosition_iI_c20221231_zfJqw0scQdbb" style="border-bottom: Black 2.5pt double; text-align: right" title="Available for sale securities, fair value">280,964,126</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table>

644240

53196137

1403155

29019470

2047395

82215607

204976

4644270

132970

1213482

337946

5857752

5315889

123534510

3723412

26399408

9039301

149933918

586825

6984005

3622663

19465113

4209488

26449118

6751930

188358922

8882200

76097473

15634130

264456395

2685277

79400753

2685277

79400753

378067

5467910

80070

429020

458137

5896930

10935114

162995969

995659

5781822

11930773

168777791

2884731

19909907

1215943

6978745

4100674

26888652

16883189

267774539

2291672

13189587

19174861

280964126

0.944 0.936

179500

The following table presents a roll forward of the Company’s allowance for credit losses on fixed maturity securities available for sale: Schedule of Allowance for Credit Losses on Fixed Maturity Securities Available for Sale <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="display: none; vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_4BC_us-gaap--FairValueByAssetClassAxis_us-gaap--USTreasurySecuritiesMember_zc8zvLKUq7zj" style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_4B0_us-gaap--FairValueByAssetClassAxis_us-gaap--USStatesAndPoliticalSubdivisionsMember_ze3RlZPFggw" style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_4B7_us-gaap--FairValueByAssetClassAxis_us-gaap--CorporateDebtSecuritiesMember_zsXxNNiasojb" style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_4BF_us-gaap--FairValueByAssetClassAxis_us-gaap--MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMember_zrGTfz7VuZ24" style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_4B3_zyUTnjfgNeZ8" style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="padding-bottom: 1pt"> </td> <td colspan="18" style="border-bottom: Black 1pt solid; text-align: center">Three Months Ended March 31, 2023</td><td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">U.S. Treasury Securities And Obligations of U.S. Government Agencies</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Obligations of states and political subdivisions</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Corporate securities</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Mortgage-backed securities</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Total</td><td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr id="xdx_43A_c20230101__20230331_eus-gaap--DebtSecuritiesAvailableForSaleAllowanceForCreditLoss_iS_zdVFuD9iuDP5" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Beginning balance</td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">-</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr id="xdx_404_eus-gaap--DebtSecuritiesAvailableForSaleAllowanceForCreditLossNotPreviouslyRecorded_zha8wouluqS" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 10pt; width: 35%; text-align: left">Additions for credit losses not previously recorded</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 9%; text-align: right">-</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 9%; text-align: right">-</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 9%; text-align: right">179,500</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 9%; text-align: right">-</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 9%; text-align: right">179,500</td><td style="width: 1%; text-align: left"> </td></tr> <tr id="xdx_403_ecustom--DebtSecuritiesAvailableForSaleAllowancesForCreditLossPeriodIncreaseDecrease_z274P4Nr8qte" style="vertical-align: bottom; background-color: White"> <td style="padding-left: 10pt; text-align: left">Change in allowance on securities with previous allowance</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td></tr> <tr id="xdx_40D_eus-gaap--DebtSecuritiesAvailableForSaleAllowanceForCreditLossSecuritiesSold_zPwxI9QvrT4l" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 10pt; text-align: left">Reductions for securities sold during the period</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td></tr> <tr id="xdx_40F_eus-gaap--DebtSecuritiesAvailableForSaleAllowanceForCreditLossSellBeforeRecovery_z6IfJ5xw5up" style="vertical-align: bottom; background-color: White"> <td style="padding-left: 10pt; text-align: left">Reductions for securities with credit losses due to intent to sell</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td></tr> <tr id="xdx_40D_eus-gaap--DebtSecuritiesAvailableForSaleAllowanceForCreditLossWriteoff_znLzhYoAR4U1" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 10pt; text-align: left">Write-offs charged against the allowance</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td></tr> <tr id="xdx_40A_eus-gaap--DebtSecuritiesAvailableForSaleAllowanceForCreditLossRecovery_zhdtQiLzBo05" style="vertical-align: bottom; background-color: White"> <td style="padding-bottom: 1pt; padding-left: 10pt; text-align: left">Recoveries of amounts previously written off</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">-</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">-</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">-</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">-</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">-</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr id="xdx_433_c20230101__20230331_eus-gaap--DebtSecuritiesAvailableForSaleAllowanceForCreditLoss_iE_zkBmIGemsfk" style="vertical-align: bottom; background-color: White"> <td style="padding-bottom: 2.5pt">Ending Balance</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">-</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">-</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">179,500</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">-</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">179,500</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table>

179500

The following table presents a roll forward of the Company’s cumulative other than temporary credit impairments (“OTTI”) recognized in earnings on fixed maturity securities available for sale which was required to be presented prior to the adoption of ASU 2016-13. Schedule of Earnings on Fixed Maturity Securities <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 80%"> <tr style="vertical-align: bottom"> <td> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_496_20220101__20220331_zYbzo6QEKBMe" style="border-bottom: Black 1pt solid; text-align: center">2022</td><td style="padding-bottom: 1pt"> </td></tr> <tr id="xdx_40F_eus-gaap--OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCreditLossesOnDebtSecuritiesHeld_iS_z6DauA1Gn7wg" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 80%; text-align: left">Balance of credit-related OTTI at January 1</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 16%; text-align: right">264,977</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 0pt; text-align: left">Additions for credit impairments recognized on:</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr id="xdx_400_eus-gaap--OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsAdditionsNoPreviousImpairment_z6qYbHU2Bdm" style="vertical-align: bottom; background-color: White"> <td style="padding-left: 10pt; text-align: left">Securities not previously impaired</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td></tr> <tr id="xdx_408_eus-gaap--OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsAdditionsAdditionalCreditLosses_zpHSvIZ40702" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 10pt; text-align: left">Securities previously impaired</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Reductions for credit impairments previously recognized on:</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr id="xdx_40D_eus-gaap--OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsReductionsSecuritiesSold_iN_di_zrvnLNa5EOW9" style="vertical-align: bottom; background-color: White"> <td style="padding-left: 10pt; text-align: left">Securities that matured or were sold during the period (realized)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(39,502</td><td style="text-align: left">)</td></tr> <tr id="xdx_40E_eus-gaap--OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsReductionsCashFlows_z7O3xQ7TeXVh" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-bottom: 1pt; padding-left: 10pt; text-align: left">Securities due to an increase in expected cash flows</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">-</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr id="xdx_402_eus-gaap--OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCreditLossesOnDebtSecuritiesHeld_iE_zdofr0u3nhjl" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 2.5pt">Balance of credit-related OTTI at March 31</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">225,475</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table>

264977

39502

225475

The following table presents the amortized cost and the estimated fair value of fixed maturity securities available for sale at March 31, 2023, by contractual maturity. Actual or expected maturities may differ from contractual maturities because certain borrowers may have the right to call or prepay obligations with or without call or prepayment penalties. Schedule of Investments Classified by Contractual Maturity Date <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 70%"> <tr style="vertical-align: bottom"> <td> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Amortized Cost</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Estimated Fair Value</td><td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 60%; text-align: left">Due in 1 year</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_982_eus-gaap--AvailableForSaleDebtSecuritiesAmortizedCostBasis_iI_pp0p0_c20230331__us-gaap--LeaseContractualTermAxis__custom--DueInOneYearMember_ziOKGBrtbiM5" style="width: 16%; text-align: right" title="Amortized cost">18,103,991</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_98D_eus-gaap--AvailableForSaleSecuritiesDebtSecuritiesCurrent_iI_pp0p0_c20230331__us-gaap--LeaseContractualTermAxis__custom--DueInOneYearMember_zYjEGfkGDeU9" style="width: 16%; text-align: right" title="Estimated fair value">18,032,556</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Due in 2-5 years</td><td> </td> <td style="text-align: left"> </td><td id="xdx_983_eus-gaap--AvailableForSaleDebtSecuritiesAmortizedCostBasis_iI_pp0p0_c20230331__us-gaap--LeaseContractualTermAxis__custom--DueInTwoToFiveYearsMember_zAkG7fck3Lai" style="text-align: right" title="Amortized cost">149,458,111</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98A_eus-gaap--AvailableForSaleSecuritiesDebtSecuritiesCurrent_iI_pp0p0_c20230331__us-gaap--LeaseContractualTermAxis__custom--DueInTwoToFiveYearsMember_z9XVntTSv4k4" style="text-align: right" title="Estimated fair value">145,781,675</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Due in 5-10 years</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98D_eus-gaap--AvailableForSaleDebtSecuritiesAmortizedCostBasis_iI_pp0p0_c20230331__us-gaap--LeaseContractualTermAxis__custom--DueInFiveToTenYearsMember_zIOcynFNXZd5" style="text-align: right" title="Amortized cost">81,699,121</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_985_eus-gaap--AvailableForSaleSecuritiesDebtSecuritiesCurrent_iI_pp0p0_c20230331__us-gaap--LeaseContractualTermAxis__custom--DueInFiveToTenYearsMember_zpLgx3nq0sEk" style="text-align: right" title="Estimated fair value">80,082,902</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Due in more than 10 years</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98A_eus-gaap--AvailableForSaleDebtSecuritiesAmortizedCostBasis_iI_pp0p0_c20230331__us-gaap--LeaseContractualTermAxis__custom--DueInMoreThanTenYearsMember_zMrilh6NqTWc" style="text-align: right" title="Amortized cost">86,011,105</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98E_eus-gaap--AvailableForSaleSecuritiesDebtSecuritiesCurrent_iI_pp0p0_c20230331__us-gaap--LeaseContractualTermAxis__custom--DueInMoreThanTenYearsMember_zIB7cCutGVKd" style="text-align: right" title="Estimated fair value">83,559,702</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Mortgage-backed securities</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98B_eus-gaap--AvailableForSaleDebtSecuritiesAmortizedCostBasis_iI_pp0p0_c20230331__us-gaap--FinancialInstrumentAxis__us-gaap--MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMember_zqubnWPmy1el" style="text-align: right" title="Amortized cost">33,859,690</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_987_eus-gaap--AvailableForSaleSecuritiesDebtSecuritiesCurrent_iI_pp0p0_c20230331__us-gaap--FinancialInstrumentAxis__us-gaap--MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMember_zNNnn2yo7Ap9" style="text-align: right" title="Estimated fair value">29,853,692</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 1pt">Redeemable preferred stock</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_981_eus-gaap--AvailableForSaleDebtSecuritiesAmortizedCostBasis_iI_pp0p0_c20230331__us-gaap--FinancialInstrumentAxis__us-gaap--RedeemablePreferredStockMember_zWw5GP49pbZd" style="border-bottom: Black 1pt solid; text-align: right" title="Amortized cost">250,000</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_981_eus-gaap--AvailableForSaleSecuritiesDebtSecuritiesCurrent_iI_pp0p0_c20230331__us-gaap--FinancialInstrumentAxis__us-gaap--RedeemablePreferredStockMember_zIkzx9D5RORa" style="border-bottom: Black 1pt solid; text-align: right" title="Estimated fair value">260,000</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 10pt; padding-bottom: 2.5pt">Total</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_988_eus-gaap--AvailableForSaleDebtSecuritiesAmortizedCostBasis_iI_pp0p0_c20230331_zvaMGlkLhD41" style="border-bottom: Black 2.5pt double; text-align: right" title="Amortized cost">369,382,018</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_980_eus-gaap--AvailableForSaleSecuritiesDebtSecuritiesCurrent_iI_pp0p0_c20230331_zRAmLdBjL0hl" style="border-bottom: Black 2.5pt double; text-align: right" title="Estimated fair value">357,570,527</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table>

18103991

18032556

149458111

145781675

81699121

80082902

86011105

83559702

33859690

29853692

250000

260000

369382018

357570527

93436027

31000000

55351809

0.981 0.977 <p id="xdx_89F_ecustom--ScheduleofCreditQualityofFixedMaturitySecurityPortfoliobyNAICDesignationTableTextBlock_zmZF1nmgiI5" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify">The following table summarizes the credit quality, as determined by NAIC designation, of the Company’s fixed maturity securities available for sale, excluding redeemable preferred stock. SECURITY NATIONAL FINANCIAL CORPORATION AND SUBSIDIARIES Notes to Condensed Consolidated Financial Statements March 31, 2023 (Unaudited) 3) Investments (Continued) Schedule of Credit Quality of Fixed Maturity Security Portfolio by NAIC Designation <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 90%"> <tr style="vertical-align: bottom"> <td style="text-align: center"> </td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="6" style="border-bottom: Black 1pt solid; text-align: center">March 31, 2023</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="6" style="border-bottom: Black 1pt solid; text-align: center">December 31, 2022</td><td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: Black 1pt solid; text-align: center">NAIC Designation</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Amortized Cost</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Estimated Fair Value</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Amortized Cost</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Estimated Fair Value</td><td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 19%; text-align: center">1</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_98A_eus-gaap--AvailableForSaleDebtSecuritiesAmortizedCostBasis_iI_c20230331__us-gaap--ExternalCreditRatingByGroupingAxis__custom--NAICClass1DesignationMember_z4W06ARP4K34" style="width: 16%; text-align: right" title="Amortized cost">202,589,256</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_988_eus-gaap--AvailableForSaleSecuritiesDebtSecuritiesCurrent_iI_c20230331__us-gaap--ExternalCreditRatingByGroupingAxis__custom--NAICClass1DesignationMember_zv7xTXcyWAe4" style="width: 16%; text-align: right" title="Estimated fair value">197,298,515</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_98B_eus-gaap--AvailableForSaleDebtSecuritiesAmortizedCostBasis_iI_c20221231__us-gaap--ExternalCreditRatingByGroupingAxis__custom--NAICClass1DesignationMember_z3yJCjeMR95c" style="width: 16%; text-align: right" title="Amortized cost">197,753,818</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_985_eus-gaap--AvailableForSaleSecuritiesDebtSecuritiesCurrent_iI_c20221231__us-gaap--ExternalCreditRatingByGroupingAxis__custom--NAICClass1DesignationMember_zEBHmbXXCQJ9" style="width: 16%; text-align: right" title="Estimated fair value">189,691,540</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: center">2</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_986_eus-gaap--AvailableForSaleDebtSecuritiesAmortizedCostBasis_iI_c20230331__us-gaap--ExternalCreditRatingByGroupingAxis__custom--NAICClass2DesignationMember_zliPCdWrIBQb" style="text-align: right" title="Amortized cost">159,006,458</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_987_eus-gaap--AvailableForSaleSecuritiesDebtSecuritiesCurrent_iI_c20230331__us-gaap--ExternalCreditRatingByGroupingAxis__custom--NAICClass2DesignationMember_zL2kypKG7qwj" style="text-align: right" title="Estimated fair value">153,332,558</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_984_eus-gaap--AvailableForSaleDebtSecuritiesAmortizedCostBasis_iI_c20221231__us-gaap--ExternalCreditRatingByGroupingAxis__custom--NAICClass2DesignationMember_zFo7KKFWPZUc" style="text-align: right" title="Amortized cost">156,261,804</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_988_eus-gaap--AvailableForSaleSecuritiesDebtSecuritiesCurrent_iI_c20221231__us-gaap--ExternalCreditRatingByGroupingAxis__custom--NAICClass2DesignationMember_zPMHvzhuC9ai" style="text-align: right" title="Estimated fair value">148,073,873</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: center">3</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_980_eus-gaap--AvailableForSaleDebtSecuritiesAmortizedCostBasis_iI_c20230331__us-gaap--ExternalCreditRatingByGroupingAxis__custom--NAICClass3DesignationMember_zEDBgu3nJfwi" style="text-align: right" title="Amortized cost">6,036,229</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_987_eus-gaap--AvailableForSaleSecuritiesDebtSecuritiesCurrent_iI_c20230331__us-gaap--ExternalCreditRatingByGroupingAxis__custom--NAICClass3DesignationMember_z9LPN7Laq2Pj" style="text-align: right" title="Estimated fair value">5,540,009</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98E_eus-gaap--AvailableForSaleDebtSecuritiesAmortizedCostBasis_iI_c20221231__us-gaap--ExternalCreditRatingByGroupingAxis__custom--NAICClass3DesignationMember_zwtDkYJy9Ufe" style="text-align: right" title="Amortized cost">7,080,305</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_982_eus-gaap--AvailableForSaleSecuritiesDebtSecuritiesCurrent_iI_c20221231__us-gaap--ExternalCreditRatingByGroupingAxis__custom--NAICClass3DesignationMember_znp7STGDTEMj" style="text-align: right" title="Estimated fair value">6,635,786</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: center">4</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_988_eus-gaap--AvailableForSaleDebtSecuritiesAmortizedCostBasis_iI_c20230331__us-gaap--ExternalCreditRatingByGroupingAxis__custom--NAICClass4DesignationMember_zdhTTlJtgOga" style="text-align: right" title="Amortized cost">1,472,550</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_986_eus-gaap--AvailableForSaleSecuritiesDebtSecuritiesCurrent_iI_c20230331__us-gaap--ExternalCreditRatingByGroupingAxis__custom--NAICClass4DesignationMember_z3NwiFtHS6wa" style="text-align: right" title="Estimated fair value">1,098,745</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98F_eus-gaap--AvailableForSaleDebtSecuritiesAmortizedCostBasis_iI_c20221231__us-gaap--ExternalCreditRatingByGroupingAxis__custom--NAICClass4DesignationMember_zP7SQt3slyG5" style="text-align: right" title="Amortized cost">1,377,541</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98A_eus-gaap--AvailableForSaleSecuritiesDebtSecuritiesCurrent_iI_c20221231__us-gaap--ExternalCreditRatingByGroupingAxis__custom--NAICClass4DesignationMember_zlQSn7jg2HL4" style="text-align: right" title="Estimated fair value">1,157,454</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: center">5</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_988_eus-gaap--AvailableForSaleDebtSecuritiesAmortizedCostBasis_iI_c20230331__us-gaap--ExternalCreditRatingByGroupingAxis__custom--NAICClass5DesignationMember_zGAl2PrOSiGi" style="text-align: right" title="Amortized cost">26,236</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98A_eus-gaap--AvailableForSaleSecuritiesDebtSecuritiesCurrent_iI_c20230331__us-gaap--ExternalCreditRatingByGroupingAxis__custom--NAICClass5DesignationMember_zaSmN6OTDfdd" style="text-align: right" title="Estimated fair value">40,316</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_986_eus-gaap--AvailableForSaleDebtSecuritiesAmortizedCostBasis_iI_c20221231__us-gaap--ExternalCreditRatingByGroupingAxis__custom--NAICClass5DesignationMember_zJLRH2JtK6i2" style="text-align: right" title="Amortized cost">25,736</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98F_eus-gaap--AvailableForSaleSecuritiesDebtSecuritiesCurrent_iI_c20221231__us-gaap--ExternalCreditRatingByGroupingAxis__custom--NAICClass5DesignationMember_zk753ZwLceK1" style="text-align: right" title="Estimated fair value">39,155</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-bottom: 1pt; text-align: center">6</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98D_eus-gaap--AvailableForSaleDebtSecuritiesAmortizedCostBasis_iI_c20230331__us-gaap--ExternalCreditRatingByGroupingAxis__custom--NAICClass6DesignationMember_zVKoCZCLA91k" style="border-bottom: Black 1pt solid; text-align: right" title="Amortized cost">1,289</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_984_eus-gaap--AvailableForSaleSecuritiesDebtSecuritiesCurrent_iI_c20230331__us-gaap--ExternalCreditRatingByGroupingAxis__custom--NAICClass6DesignationMember_zLJzd23n7Xbj" style="border-bottom: Black 1pt solid; text-align: right" title="Estimated fair value">384</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_985_eus-gaap--AvailableForSaleDebtSecuritiesAmortizedCostBasis_iI_c20221231__us-gaap--ExternalCreditRatingByGroupingAxis__custom--NAICClass6DesignationMember_z4uMCjUQJiO1" style="border-bottom: Black 1pt solid; text-align: right" title="Amortized cost">1,307</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98D_eus-gaap--AvailableForSaleSecuritiesDebtSecuritiesCurrent_iI_c20221231__us-gaap--ExternalCreditRatingByGroupingAxis__custom--NAICClass6DesignationMember_z6faQUNjVHz9" style="border-bottom: Black 1pt solid; text-align: right" title="Estimated fair value">684</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-bottom: 2.5pt; text-align: center">Total</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: center">$</td><td id="xdx_988_eus-gaap--AvailableForSaleDebtSecuritiesAmortizedCostBasis_iI_c20230331__us-gaap--StatutoryAccountingPracticesByJurisdictionAxis__custom--NationalAssociationOfInsuranceCommissionersMember_zf9erbFO1v82" style="border-bottom: Black 2.5pt double; text-align: right" title="Amortized cost">369,132,018</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98B_eus-gaap--AvailableForSaleSecuritiesDebtSecuritiesCurrent_iI_c20230331__us-gaap--StatutoryAccountingPracticesByJurisdictionAxis__custom--NationalAssociationOfInsuranceCommissionersMember_zUV8Jjda2U1k" style="border-bottom: Black 2.5pt double; text-align: right" title="Estimated fair value">357,310,527</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_989_eus-gaap--AvailableForSaleDebtSecuritiesAmortizedCostBasis_iI_c20221231__us-gaap--StatutoryAccountingPracticesByJurisdictionAxis__custom--NationalAssociationOfInsuranceCommissionersMember_zSVduSVp19q7" style="border-bottom: Black 2.5pt double; text-align: right" title="Amortized cost">362,500,511</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_983_eus-gaap--AvailableForSaleSecuritiesDebtSecuritiesCurrent_iI_c20221231__us-gaap--StatutoryAccountingPracticesByJurisdictionAxis__custom--NationalAssociationOfInsuranceCommissionersMember_zerFuy88GgH9" style="border-bottom: Black 2.5pt double; text-align: right" title="Estimated fair value">345,598,492</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table>

202589256

197298515

197753818

189691540

159006458

153332558

156261804

148073873

6036229

5540009

7080305

6635786

1472550

1098745

1377541

1157454

26236

40316

25736

39155

1289

384

1307

684

369132018

357310527

362500511

345598492

<p id="xdx_892_ecustom--ScheduleOfMajorCategoriesOfNetInvestmentIncomeTableTextBlock_gL3SOMCONIITT-SUO_zHpdRfeqOiGb" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify">Information regarding sales of fixed maturity securities available for sale is presented as follows. Schedule of Major Categories of Net Investment Income <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 80%"> <tr style="display: none; vertical-align: bottom"> <td> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_492_20230101__20230331_zr13WSdZ4sV2" style="border-bottom: Black 1pt solid; text-align: center">2023</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_494_20220101__20220331_zI5QRzgB5W2d" style="border-bottom: Black 1pt solid; text-align: center">2022</td><td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="padding-bottom: 1pt"> </td> <td colspan="6" style="border-bottom: Black 1pt solid; text-align: center">Three Months Ended March 31</td><td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">2023</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">2022</td><td style="padding-bottom: 1pt"> </td></tr> <tr id="xdx_407_ecustom--ProceedsReceivedFromSaleOfFixedMaturityAvailableForSaleSecurities_ziAXLwWgz91f" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 60%; text-align: left">Proceeds from sales</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 16%; text-align: right">1,209,844</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 16%; text-align: right">455,651</td><td style="width: 1%; text-align: left"> </td></tr> <tr id="xdx_405_eus-gaap--DebtSecuritiesAvailableForSaleRealizedGain_zRbS24WZhdOj" style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Gross realized gains</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">15,490</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">2,354</td><td style="text-align: left"> </td></tr> <tr id="xdx_403_eus-gaap--DebtSecuritiesAvailableForSaleRealizedLoss_iN_di_z3BECgG5b18e" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Gross realized losses</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(54,104</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(20</td><td style="text-align: left">)</td></tr> </table> Major categories of net investment income were as follows: <table cellpadding="0" cellspacing="0" id="xdx_30A_134_zpdOQC0iZaWk" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 70%" summary="xdx: Disclosure - Schedule of Major Categories of Net Investment Income (Details)"> <tr style="display: none; vertical-align: bottom"> <td> </td><td> </td> <td colspan="2" id="xdx_49B_20230101__20230331_zB1ihH9k65e" style="border-bottom: Black 1pt solid; text-align: center">2023</td><td> </td><td> </td> <td colspan="2" id="xdx_493_20220101__20220331_zHg4dxZudLd4" style="border-bottom: Black 1pt solid; text-align: center">2022</td><td> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td> </td> <td colspan="6" style="border-bottom: Black 1pt solid; text-align: center">Three Months Ended March 31</td><td> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">2023</td><td> </td><td> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">2022</td><td> </td></tr> <tr id="xdx_40F_ecustom--GrossInvestmentIncome_hus-gaap--FinancialInstrumentAxis__custom--FixedMaturitySecuritiesMember_z2adoqemVVy2" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 60%; text-align: justify">Fixed maturity securities available for sale</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 16%; text-align: right">4,012,732</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 16%; text-align: right">2,636,216</td><td style="width: 1%; text-align: left"> </td></tr> <tr id="xdx_409_ecustom--GrossInvestmentIncome_hus-gaap--FinancialInstrumentAxis__custom--EquitySecurities1Member_zJUI6MaCX7g7" style="vertical-align: bottom; background-color: White"> <td style="text-align: justify">Equity securities</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">140,507</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">123,037</td><td style="text-align: left"> </td></tr> <tr id="xdx_407_ecustom--GrossInvestmentIncome_hus-gaap--FinancialInstrumentAxis__custom--MortgageLoansRealEstateMember_zDSbLYHn4Eql" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Mortgage loans held for investment</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">8,487,656</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">7,960,178</td><td style="text-align: left"> </td></tr> <tr id="xdx_406_ecustom--GrossInvestmentIncome_hus-gaap--FinancialInstrumentAxis__custom--RealEstate1Member_ztdBWIUi5Iw2" style="vertical-align: bottom; background-color: White"> <td style="text-align: justify">Real estate held for investment and sale</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">3,364,924</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">3,040,033</td><td style="text-align: left"> </td></tr> <tr id="xdx_40A_ecustom--GrossInvestmentIncome_hus-gaap--FinancialInstrumentAxis__custom--PolicyStudentAndOtherLoansMember_z8IPfjRk81fg" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: justify">Policy loans</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">200,213</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">306,282</td><td style="text-align: left"> </td></tr> <tr id="xdx_402_ecustom--GrossInvestmentIncome_hus-gaap--FinancialInstrumentAxis__custom--InsuranceAssignmentsMember_zfcgS676jzFe" style="vertical-align: bottom; background-color: White"> <td style="text-align: justify">Insurance assignments</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">4,768,203</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">5,396,987</td><td style="text-align: left"> </td></tr> <tr id="xdx_40B_ecustom--GrossInvestmentIncome_hus-gaap--FinancialInstrumentAxis__custom--OtherInvestments1Member_zuyqZGHhbCW4" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: justify">Other investments</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">129,056</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">70,645</td><td style="text-align: left"> </td></tr> <tr id="xdx_408_ecustom--GrossInvestmentIncome_hus-gaap--FinancialInstrumentAxis__custom--CashAndCashEquivalents1Member_zUnSkPOG5ns8" style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Cash and cash equivalents</td><td> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">787,762</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">75,301</td><td style="text-align: left"> </td></tr> <tr id="xdx_40A_ecustom--GrossInvestmentIncome_zloXYourcfJl" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: justify">Gross investment income</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">21,891,053</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">19,608,679</td><td style="text-align: left"> </td></tr> <tr id="xdx_404_eus-gaap--InvestmentIncomeInvestmentExpense_iN_pp0p0_di_zTWDsQB1GPBj" style="vertical-align: bottom; background-color: White"> <td style="text-align: justify">Investment expenses</td><td> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">(4,116,170</td><td style="text-align: left">)</td><td> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">(4,414,373</td><td style="text-align: left">)</td></tr> <tr id="xdx_40A_eus-gaap--NetInvestmentIncome_zVrTFr0pfh41" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: justify">Net investment income</td><td> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">17,774,883</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">15,194,306</td><td style="text-align: left"> </td></tr> </table> 1209844 455651

15490

2354

54104

10952850

11032165

128272775

129330119

96652659

97112131

1565927

1323930

The Company’s commercial real estate held for investment is summarized as follows as of the respective dates indicated: Schedule of Commercial Real Estate Investment <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 80%"> <tr style="vertical-align: bottom"> <td> </td><td style="padding-bottom: 1pt"> </td> <td colspan="6" style="border-bottom: Black 1pt solid; text-align: center">Net Book Value</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="6" style="border-bottom: Black 1pt solid; text-align: center">Total Square Footage</td><td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">March 31 2023</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">December 31 2022</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">March 31 2023</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">December 31 2022</td><td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 40%">Utah (1)</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_986_eus-gaap--RealEstateInvestmentPropertyNet_iI_c20230331__srt--StatementGeographicalAxis__stpr--UT__us-gaap--InvestmentTypeAxis__custom--CommercialRealEstateOneMember_fKDEp_zFTV3btLZ3H4" style="width: 11%; text-align: right" title="Real estate held for investment (net of accumulated depreciation)">146,397,779</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_985_eus-gaap--RealEstateInvestmentPropertyNet_iI_c20221231__srt--StatementGeographicalAxis__stpr--UT__us-gaap--InvestmentTypeAxis__custom--CommercialRealEstateOneMember_fKDEp_zEk23O0OZ6Ci" style="width: 11%; text-align: right" title="Real estate held for investment (net of accumulated depreciation)">147,627,946</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td id="xdx_98B_ecustom--TotalSquareFootage_iI_uSqft_c20230331__srt--StatementGeographicalAxis__stpr--UT__us-gaap--InvestmentTypeAxis__custom--CommercialRealEstateOneMember_fKDEp_ze9Y3qnkXoYl" style="width: 11%; text-align: right" title="Total square footage">625,920</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td id="xdx_98A_ecustom--TotalSquareFootage_iI_uSqft_c20221231__srt--StatementGeographicalAxis__stpr--UT__us-gaap--InvestmentTypeAxis__custom--CommercialRealEstateOneMember_fKDEp_ziHsyUznbJQj" style="width: 11%; text-align: right" title="Total square footage">625,920</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td>Louisiana</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98D_eus-gaap--RealEstateInvestmentPropertyNet_iI_c20230331__srt--StatementGeographicalAxis__stpr--LA__us-gaap--InvestmentTypeAxis__custom--CommercialRealEstateOneMember_zrY2U05HxTgc" style="text-align: right" title="Real estate held for investment (net of accumulated depreciation)">2,369,405</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_982_eus-gaap--RealEstateInvestmentPropertyNet_iI_c20221231__srt--StatementGeographicalAxis__stpr--LA__us-gaap--InvestmentTypeAxis__custom--CommercialRealEstateOneMember_zp527ZjD1y2d" style="text-align: right" title="Real estate held for investment (net of accumulated depreciation)">2,380,847</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_980_ecustom--TotalSquareFootage_iI_uSqft_c20230331__srt--StatementGeographicalAxis__stpr--LA__us-gaap--InvestmentTypeAxis__custom--CommercialRealEstateOneMember_zXA9gt2e1bu2" style="text-align: right" title="Total square footage">31,778</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_986_ecustom--TotalSquareFootage_iI_uSqft_c20221231__srt--StatementGeographicalAxis__stpr--LA__us-gaap--InvestmentTypeAxis__custom--CommercialRealEstateOneMember_zjvgzUPdRBKd" style="text-align: right" title="Total square footage">31,778</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-bottom: 1pt">Mississippi</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_989_eus-gaap--RealEstateInvestmentPropertyNet_iI_c20230331__srt--StatementGeographicalAxis__stpr--MS__us-gaap--InvestmentTypeAxis__custom--CommercialRealEstateOneMember_zX5W0SvvnpMf" style="border-bottom: Black 1pt solid; text-align: right" title="Real estate held for investment (net of accumulated depreciation)">2,950,961</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_987_eus-gaap--RealEstateInvestmentPropertyNet_iI_c20221231__srt--StatementGeographicalAxis__stpr--MS__us-gaap--InvestmentTypeAxis__custom--CommercialRealEstateOneMember_zfj1e1jWc7Ml" style="border-bottom: Black 1pt solid; text-align: right" title="Real estate held for investment (net of accumulated depreciation)">2,881,863</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="padding-bottom: 1pt; text-align: left"> </td><td id="xdx_982_ecustom--TotalSquareFootage_iI_uSqft_c20230331__srt--StatementGeographicalAxis__stpr--MS__us-gaap--InvestmentTypeAxis__custom--CommercialRealEstateOneMember_z2Vrr8Tlwsvj" style="border-bottom: Black 1pt solid; text-align: right" title="Total square footage">19,694</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="padding-bottom: 1pt; text-align: left"> </td><td id="xdx_98B_ecustom--TotalSquareFootage_iI_uSqft_c20221231__srt--StatementGeographicalAxis__stpr--MS__us-gaap--InvestmentTypeAxis__custom--CommercialRealEstateOneMember_zpBdnUZM2m48" style="border-bottom: Black 1pt solid; text-align: right" title="Total square footage">19,694</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-bottom: 2.5pt"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98E_eus-gaap--RealEstateInvestmentPropertyNet_iI_c20230331__us-gaap--InvestmentTypeAxis__custom--CommercialRealEstateOneMember_zaNsg2aRmqze" style="border-bottom: Black 2.5pt double; text-align: right" title="Real estate held for investment (net of accumulated depreciation)">151,718,145</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_985_eus-gaap--RealEstateInvestmentPropertyNet_iI_c20221231__us-gaap--InvestmentTypeAxis__custom--CommercialRealEstateOneMember_zyuEpAGhSeAj" style="border-bottom: Black 2.5pt double; text-align: right" title="Real estate held for investment (net of accumulated depreciation)">152,890,656</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td><td id="xdx_981_ecustom--TotalSquareFootage_iI_uSqft_c20230331__us-gaap--InvestmentTypeAxis__custom--CommercialRealEstateOneMember_zLxB84ARXIE1" style="border-bottom: Black 2.5pt double; text-align: right" title="Total square footage">677,392</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td><td id="xdx_984_ecustom--TotalSquareFootage_iI_uSqft_c20221231__us-gaap--InvestmentTypeAxis__custom--CommercialRealEstateOneMember_zGTHGd6dcqni" style="border-bottom: Black 2.5pt double; text-align: right" title="Total square footage">677,392</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> <div style="width: 25%"><div style="border-top: Black 1pt solid; font-size: 1pt"> </div></div> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom"> <td style="width: 0.25in">(1)</td> <td style="font: 10pt Times New Roman, Times, Serif">Includes Center53 phase 1 and phase 2</td></tr> </table> The Company’s commercial real estate held for sale is summarized as follows as of the respective dates indicated: <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 50%"> <tr style="vertical-align: bottom"> <td> </td><td style="padding-bottom: 1pt"> </td> <td colspan="6" style="border-bottom: Black 1pt solid; text-align: center">Net Book Value</td><td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">March 31 2023</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">December 31 2022</td><td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-bottom: 1pt; width: 60%">Mississippi (1)</td><td style="padding-bottom: 1pt; width: 2%"> </td> <td style="border-bottom: Black 1pt solid; width: 1%; text-align: left">$</td><td id="xdx_982_eus-gaap--RealEstateHeldforsale_iI_c20230331__srt--StatementGeographicalAxis__stpr--MS__us-gaap--InvestmentTypeAxis__custom--CommercialRealEstateOneMember_fKDEp_zWGUbMdFBqWb" style="border-bottom: Black 1pt solid; width: 16%; text-align: right" title="Real estate held for sale">151,553</td><td style="padding-bottom: 1pt; width: 1%; text-align: left"> </td><td style="padding-bottom: 1pt; width: 2%"> </td> <td style="border-bottom: Black 1pt solid; width: 1%; text-align: left">$</td><td id="xdx_983_eus-gaap--RealEstateHeldforsale_iI_c20221231__srt--StatementGeographicalAxis__stpr--MS__us-gaap--InvestmentTypeAxis__custom--CommercialRealEstateOneMember_fKDEp_zytatIKqBHG8" style="border-bottom: Black 1pt solid; width: 16%; text-align: right" title="Real estate held for sale">151,553</td><td style="padding-bottom: 1pt; width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-bottom: 2.5pt"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_984_eus-gaap--RealEstateHeldforsale_iI_c20230331__us-gaap--InvestmentTypeAxis__custom--CommercialRealEstateOneMember_zmLdPQgmDzGf" style="border-bottom: Black 2.5pt double; text-align: right" title="Real estate held for sale">151,553</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98F_eus-gaap--RealEstateHeldforsale_iI_c20221231__us-gaap--InvestmentTypeAxis__custom--CommercialRealEstateOneMember_zUojxt6OBcN4" style="border-bottom: Black 2.5pt double; text-align: right" title="Real estate held for sale">151,553</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> <div style="width: 25%"><div style="border-top: Black 1pt solid; font-size: 1pt"> </div></div> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom"> <td style="width: 0.25in">(1)</td> <td style="font: 10pt Times New Roman, Times, Serif">Consists of approximately 93 acres of undeveloped land</td></tr> </table>

146397779

147627946

625920 625920

2369405

2380847

31778 31778

2950961

2881863

19694 19694

151718145

152890656

677392 677392

151553

2648

The Company’s residential real estate held for investment is summarized as follows as of the respective dates indicated: Schedule of Residential Real Estate Investment <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 50%"> <tr style="vertical-align: bottom"> <td> </td><td style="padding-bottom: 1pt"> </td> <td colspan="6" style="border-bottom: Black 1pt solid; text-align: center">Net Book Value</td><td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">March 31 2023</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">December 31 2022</td><td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 56%; padding-bottom: 1pt">Utah (1)</td><td style="width: 8%; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; width: 1%; text-align: left">$</td><td id="xdx_987_eus-gaap--RealEstateInvestmentPropertyNet_iI_c20230331__srt--StatementGeographicalAxis__stpr--UT__us-gaap--InvestmentTypeAxis__us-gaap--ResidentialRealEstateMember_fKDEp_zTmLhk6Rizs7" style="border-bottom: Black 1pt solid; width: 12%; text-align: right" title="Real estate held for investment">35,358,867</td><td style="width: 1%; padding-bottom: 1pt; text-align: left"> </td><td style="width: 8%; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; width: 1%; text-align: left">$</td><td id="xdx_984_eus-gaap--RealEstateInvestmentPropertyNet_iI_c20221231__srt--StatementGeographicalAxis__stpr--UT__us-gaap--InvestmentTypeAxis__us-gaap--ResidentialRealEstateMember_fKDEp_zYjXqellGJ8c" style="border-bottom: Black 1pt solid; width: 12%; text-align: right" title="Real estate held for investment">38,437,960</td><td style="width: 1%; padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-bottom: 2.5pt"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98A_eus-gaap--RealEstateInvestmentPropertyNet_iI_c20230331__us-gaap--InvestmentTypeAxis__us-gaap--ResidentialRealEstateMember_zk9TbJYUuUG1" style="border-bottom: Black 2.5pt double; text-align: right" title="Real estate held for investment">35,358,867</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_989_eus-gaap--RealEstateInvestmentPropertyNet_iI_c20221231__us-gaap--InvestmentTypeAxis__us-gaap--ResidentialRealEstateMember_zNgkVnbvLJHg" style="border-bottom: Black 2.5pt double; text-align: right" title="Real estate held for investment">38,437,960</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> <div style="margin-top: 0pt; margin-bottom: 0pt; width: 25%"><div style="border-top: Black 1pt solid; font-size: 1pt"> </div></div> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom"> <td style="width: 0.25in">(1)</td> <td style="font: 10pt Times New Roman, Times, Serif; white-space: nowrap">Includes subdivision land developments</td></tr> </table> The following table presents additional information regarding the Company’s subdivision land developments in Utah. <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 50%"> <tr style="vertical-align: bottom"> <td> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">March 31 2023</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">December 31 2022</td><td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 56%; text-align: left">Lots developed</td><td style="width: 8%"> </td> <td style="width: 1%; text-align: left"> </td><td id="xdx_98E_ecustom--LotsDeveloped_c20230101__20230331__us-gaap--PropertyPlantAndEquipmentByTypeAxis__custom--LandDevelopmentsMember__srt--StatementGeographicalAxis__stpr--UT_zFweREl2zQn3" style="width: 12%; text-align: right" title="Lots developed">67</td><td style="width: 1%; text-align: left"> </td><td style="width: 8%"> </td> <td style="width: 1%; text-align: left"> </td><td id="xdx_980_ecustom--LotsDeveloped_c20220101__20221231__us-gaap--PropertyPlantAndEquipmentByTypeAxis__custom--LandDevelopmentsMember__srt--StatementGeographicalAxis__stpr--UT_zHMGKn7wll27" style="width: 12%; text-align: right" title="Lots developed">80</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Lots to be developed</td><td> </td> <td style="text-align: left"> </td><td id="xdx_982_ecustom--LotsToBeDeveloped_c20230101__20230331__us-gaap--PropertyPlantAndEquipmentByTypeAxis__custom--LandDevelopmentsMember__srt--StatementGeographicalAxis__stpr--UT_zPYi1aL23Kh7" style="text-align: right" title="Lots to be developed">1,123</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_980_ecustom--LotsToBeDeveloped_c20220101__20221231__us-gaap--PropertyPlantAndEquipmentByTypeAxis__custom--LandDevelopmentsMember__srt--StatementGeographicalAxis__stpr--UT_zJ72gkUkfd3g" style="text-align: right" title="Lots to be developed">1,131</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td>Book Value</td><td> </td> <td style="text-align: left">$</td><td id="xdx_98F_eus-gaap--RealEstateInvestmentPropertyNet_iI_c20230331__us-gaap--PropertyPlantAndEquipmentByTypeAxis__custom--LandDevelopmentsMember__srt--StatementGeographicalAxis__stpr--UT_zOoXwgYmuFGf" style="text-align: right" title="Real estate held for investment (net of accumulated depreciation)">34,825,972</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td id="xdx_98B_eus-gaap--RealEstateInvestmentPropertyNet_iI_c20221231__us-gaap--PropertyPlantAndEquipmentByTypeAxis__custom--LandDevelopmentsMember__srt--StatementGeographicalAxis__stpr--UT_zuCA5Jxjvfuc" style="text-align: right" title="Real estate held for investment (net of accumulated depreciation)">38,241,705</td><td style="text-align: left"> </td></tr> </table> The Company’s residential real estate held for sale is summarized as follows as of the respective dates indicated: <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 50%"> <tr style="vertical-align: bottom"> <td style="text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="6" style="border-bottom: Black 1pt solid; text-align: center">Net Book Value</td><td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom"> <td style="text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">March 31 2023</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">December 31 2022</td><td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-bottom: 1pt; width: 60%; text-align: left">Utah</td><td style="width: 1%; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; width: 2%; text-align: left">$</td><td id="xdx_988_eus-gaap--RealEstateHeldforsale_iI_c20230331__us-gaap--InvestmentTypeAxis__us-gaap--ResidentialRealEstateMember__srt--StatementGeographicalAxis__stpr--UT_zfEZAmW4KO42" style="border-bottom: Black 1pt solid; width: 16%; text-align: right" title="Real estate held for sale">7,238,709</td><td style="width: 1%; padding-bottom: 1pt; text-align: left"> </td><td style="width: 2%; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; width: 1%; text-align: left">$</td><td id="xdx_986_eus-gaap--RealEstateHeldforsale_iI_c20221231__us-gaap--InvestmentTypeAxis__us-gaap--ResidentialRealEstateMember__srt--StatementGeographicalAxis__stpr--UT_zRtKfXUktne8" style="border-bottom: Black 1pt solid; width: 16%; text-align: right" title="Real estate held for sale">11,010,029</td><td style="width: 1%; padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_989_eus-gaap--RealEstateHeldforsale_iI_c20230331__us-gaap--InvestmentTypeAxis__us-gaap--ResidentialRealEstateMember_zZaLWnM4aUag" style="border-bottom: Black 2.5pt double; text-align: right" title="Real estate held for sale">7,238,709</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98C_eus-gaap--RealEstateHeldforsale_iI_c20221231__us-gaap--InvestmentTypeAxis__us-gaap--ResidentialRealEstateMember_zx2NFmXMfHGf" style="border-bottom: Black 2.5pt double; text-align: right" title="Real estate held for sale">11,010,029</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table>

35358867

38437960

35358867

38437960

67 80 1123 1131

34825972

38241705

7238709

11010029

7238709

11010029

5570788

11010029

The primary business units of the Company occupy a portion of the real estate owned by the Company. As of March 31, 2023, real estate owned and occupied by the Company is summarized as follows: Schedule of Real Estate Owned and Occupied by the Company <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: bottom"> <td style="border-bottom: Black 1pt solid">Location</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid">Business Segment</td><td style="padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Approximate Square Footage</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Square Footage Occupied by the Company</td><td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; width: 30%">433 Ascension Way, Floors 4, 5 and 6, Salt Lake City, UT - Center53 Building 2 (1)</td><td style="width: 2%"> </td> <td style="width: 30%; text-align: left">Corporate Offices, Life Insurance, Cemetery/Mortuary Operations, and Mortgage Operations and Sales</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 15%; text-align: right">221,000</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 15%; text-align: right"><span id="xdx_90D_ecustom--SquareFootageOccupiedByTheCompany_iI_pid_dp_uPure_c20230331__us-gaap--StatementBusinessSegmentsAxis__custom--MortgageOperationsMember_fKDEp_zgWjQqnorbG6" title="Square footage occupied by the company">50</td><td style="width: 1%; text-align: left">%</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left">1044 River Oaks Dr., Flowood, MS (1)</td><td> </td> <td style="text-align: left">Life Insurance Operations</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">19,694</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"><span id="xdx_909_ecustom--SquareFootageOccupiedByTheCompany_iI_pid_dp_uPure_c20230331__us-gaap--StatementBusinessSegmentsAxis__custom--LifeInsuranceOperationsMember_fKDEp_zuuckODHDAP9" title="Square footage occupied by the company">28</td><td style="text-align: left">%</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">1818 Marshall Street, Shreveport, LA (2)</td><td> </td> <td style="text-align: left">Life Insurance Operations</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">12,274</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"><span id="xdx_905_ecustom--SquareFootageOccupiedByTheCompany_iI_pid_dp_uPure_c20230331__us-gaap--StatementBusinessSegmentsAxis__custom--LifeInsuranceOperations1Member_fKDIp_zsSxV1BvrAQ3" title="Square footage occupied by the company">100</td><td style="text-align: left">%</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left">909 Foisy Street, Alexandria, LA (2)</td><td> </td> <td style="text-align: left">Life Insurance Sales</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">8,059</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"><span id="xdx_90E_ecustom--SquareFootageOccupiedByTheCompany_iI_pid_dp_uPure_c20230331__us-gaap--StatementBusinessSegmentsAxis__custom--LifeInsuranceSalesMember_fKDIp_zJ7lz7oN5VY7" title="Square footage occupied by the company">100</td><td style="text-align: left">%</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">812 Sheppard Street, Minden, LA (2)</td><td> </td> <td style="text-align: left">Life Insurance Sales</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">1,560</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"><span id="xdx_90F_ecustom--SquareFootageOccupiedByTheCompany_iI_pid_dp_uPure_c20230331__us-gaap--StatementBusinessSegmentsAxis__custom--LifeInsuranceSales1Member_fKDIp_zUXvcuA8Bzpa" title="Square footage occupied by the company">100</td><td style="text-align: left">%</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left">1550 N 3rd Street, Jena, LA (2)</td><td> </td> <td style="text-align: left">Life Insurance Sales</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">1,737</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"><span id="xdx_909_ecustom--SquareFootageOccupiedByTheCompany_iI_pid_dp_uPure_c20230331__us-gaap--StatementBusinessSegmentsAxis__custom--LifeInsuranceSales2Member_fKDIp_z58bUBfuCXe5" title="Square footage occupied by the company">100</td><td style="text-align: left">%</td></tr> </table> <div style="margin-top: 0pt; margin-bottom: 0pt; width: 25%"><div style="border-top: Black 1pt solid; font-size: 1pt"> </div></div> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom"> <td style="width: 0.25in">(1)</td> <td style="font: 10pt Times New Roman, Times, Serif; white-space: nowrap">Included in real estate held for investment on the condensed consolidated balance sheets</td> </tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom"> <td>(2)</td> <td style="font: 10pt Times New Roman, Times, Serif; white-space: nowrap">Included in property and equipment on the condensed consolidated balance sheets</td> </tr> </table>

221000 0.50 19694 0.28 12274 1 8059 1 1560 1 1737 1

0.020

0.105

P9M

P30Y

0.60

0.10

0.06

0.05

0.03

0.64

0.10

0.05

0.03

110000 226000 <p id="xdx_892_ecustom--ScheduleOfAllowanceForLoanLossesTableTextBlock_zL3vycfiZJs8" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify">The following table presents a roll forward of the allowance for credit losses as of the dates indicated. Schedule of Allowance for Loan Losses <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 80%"> <tr style="vertical-align: bottom"> <td> </td><td> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Commercial</td><td> </td><td> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Residential</td><td> </td><td> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Residential Construction</td><td> </td><td> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Total</td><td> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-decoration: underline; font-weight: bold">March 31, 2023</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Allowance for credit losses:</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 44%">Beginning balance - January 1, 2023</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_989_eus-gaap--FinancingReceivableAllowanceForCreditLosses_iS_pp0p0_c20230101__20230331__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember_zN6qXRQpseWf" style="width: 10%; text-align: right" title="Financing Receivable, Allowance for Credit Loss, Beginning">187,129</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_98A_eus-gaap--FinancingReceivableAllowanceForCreditLosses_iS_pp0p0_c20230101__20230331__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember_zKZ2ysDSUwPk" style="width: 10%; text-align: right" title="Financing Receivable, Allowance for Credit Loss, Beginning">1,739,980</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_981_eus-gaap--FinancingReceivableAllowanceForCreditLosses_iS_pp0p0_c20230101__20230331__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember_zqMRZOR1jFbi" style="width: 10%; text-align: right" title="Financing Receivable, Allowance for Credit Loss, Beginning">43,202</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_986_eus-gaap--FinancingReceivableAllowanceForCreditLosses_iS_pp0p0_c20230101__20230331_znMKUXprF4Vl" style="width: 10%; text-align: right" title="Financing Receivable, Allowance for Credit Loss, Beginning">1,970,311</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-left: 10pt; text-align: left">Cumulative effect adjustment upon adoption of new accounting standard (ASU 2016-13)</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98B_ecustom--AllowanceForCreditLossesCumulativeEffectAdjustmentUponAdoptionOfNewAccountingStandard_c20230101__20230331__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember_fKDEp_zhl0PuhMjZR8" style="text-align: right" title="Cumulative effect adjustment upon adoption of new accounting standard (ASU 2016-13)">555,807</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_985_ecustom--AllowanceForCreditLossesCumulativeEffectAdjustmentUponAdoptionOfNewAccountingStandard_c20230101__20230331__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember_fKDEp_zqAmyzJMCCs7" style="text-align: right" title="Cumulative effect adjustment upon adoption of new accounting standard (ASU 2016-13)">(192,607</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td id="xdx_983_ecustom--AllowanceForCreditLossesCumulativeEffectAdjustmentUponAdoptionOfNewAccountingStandard_c20230101__20230331__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember_fKDEp_zWLcbJyVpV9c" style="text-align: right" title="Cumulative effect adjustment upon adoption of new accounting standard (ASU 2016-13)">301,830</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98C_ecustom--AllowanceForCreditLossesCumulativeEffectAdjustmentUponAdoptionOfNewAccountingStandard_c20230101__20230331_fKDEp_zM2bbi86aOuk" style="text-align: right" title="Cumulative effect adjustment upon adoption of new accounting standard (ASU 2016-13)">665,030</td><td id="xdx_F28_zOt7zvzk8OY8" style="text-align: left">(1)</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 10pt; text-align: left">Change in provision for credit losses</td><td> </td> <td style="text-align: left"> </td><td id="xdx_980_ecustom--AllowanceForCreditLossesProvision_c20230101__20230331__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember_fKDIp_z6YKldHGMf14" style="text-align: right" title="Provision for credit losses">15,195</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98D_ecustom--AllowanceForCreditLossesProvision_c20230101__20230331__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember_fKDIp_zUyUjKIYOa4i" style="text-align: right" title="Provision for credit losses">137,727</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_982_ecustom--AllowanceForCreditLossesProvision_c20230101__20230331__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember_fKDIp_zN1xdbwrDMaj" style="text-align: right" title="Provision for credit losses">(52,844</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td id="xdx_983_ecustom--AllowanceForCreditLossesProvision_c20230101__20230331_fKDIp_zcAxB7vorkZf" style="text-align: right" title="Provision for credit losses">100,078</td><td id="xdx_F25_zUkCeJNZ1u38" style="text-align: left">(2)</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-left: 10pt">Charge-offs</td><td> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_986_ecustom--AllowanceForCreditLossesChargeOffs_c20230101__20230331__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember_z8IX80dHTSJ1" style="border-bottom: Black 1pt solid; text-align: right" title="Allowance for credit losses, charge-offs">-</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_988_ecustom--AllowanceForCreditLossesChargeOffs_c20230101__20230331__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember_z3qwif6ZWgki" style="border-bottom: Black 1pt solid; text-align: right" title="Allowance for credit losses, charge-offs">-</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_981_ecustom--AllowanceForCreditLossesChargeOffs_c20230101__20230331__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember_zfTU4J4nmr1f" style="border-bottom: Black 1pt solid; text-align: right" title="Allowance for credit losses, charge-offs">-</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98E_ecustom--AllowanceForCreditLossesChargeOffs_c20230101__20230331_zM1L5PGXPdY6" style="border-bottom: Black 1pt solid; text-align: right" title="Allowance for credit losses, charge-offs">-</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td>Ending balance - March 31, 2023</td><td> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_986_eus-gaap--FinancingReceivableAllowanceForCreditLosses_iE_pp0p0_c20230101__20230331__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember_zF4BCfqeK50f" style="border-bottom: Black 2.5pt double; text-align: right" title="Financing Receivable, Allowance for Credit Loss, Ending">758,131</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_980_eus-gaap--FinancingReceivableAllowanceForCreditLosses_iE_pp0p0_c20230101__20230331__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember_zBgLDs0zXV09" style="border-bottom: Black 2.5pt double; text-align: right" title="Financing Receivable, Allowance for Credit Loss, Ending">1,685,100</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_984_eus-gaap--FinancingReceivableAllowanceForCreditLosses_iE_pp0p0_c20230101__20230331__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember_ztN7iKKUFDJ2" style="border-bottom: Black 2.5pt double; text-align: right" title="Financing Receivable, Allowance for Credit Loss, Ending">292,188</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_983_eus-gaap--FinancingReceivableAllowanceForCreditLosses_iE_pp0p0_c20230101__20230331_zfDcLsqjzc5d" style="border-bottom: Black 2.5pt double; text-align: right" title="Financing Receivable, Allowance for Credit Loss, Ending">2,735,419</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-decoration: underline; font-weight: bold">December 31, 2022</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Allowance for credit losses:</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td>Beginning balance - January 1, 2022</td><td> </td> <td style="text-align: left">$</td><td id="xdx_984_eus-gaap--FinancingReceivableAllowanceForCreditLosses_iS_pp0p0_c20220101__20221231__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember_zM4Oj3I33skk" style="text-align: right" title="Financing Receivable, Allowance for Credit Loss, Beginning">187,129</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td id="xdx_987_eus-gaap--FinancingReceivableAllowanceForCreditLosses_iS_pp0p0_c20220101__20221231__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember_znSSv0KZSvsg" style="text-align: right" title="Financing Receivable, Allowance for Credit Loss, Beginning">1,469,571</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td id="xdx_989_eus-gaap--FinancingReceivableAllowanceForCreditLosses_iS_pp0p0_c20220101__20221231__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember_zCrDVl595NU2" style="text-align: right" title="Financing Receivable, Allowance for Credit Loss, Beginning">43,202</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td id="xdx_986_eus-gaap--FinancingReceivableAllowanceForCreditLosses_iS_pp0p0_c20220101__20221231_zat93jmFczP9" style="text-align: right" title="Financing receivable, allowance for credit loss, beginning balance">1,699,902</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-left: 10pt; text-align: left">Change in provision for credit losses</td><td> </td> <td style="text-align: left"> </td><td id="xdx_987_ecustom--AllowanceForCreditLossesProvision_pdp0_c20220101__20221231__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember_fKDIp_zrE36D6TppG8" style="text-align: right" title="Allowance for Credit Losses, Provision">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98E_ecustom--AllowanceForCreditLossesProvision_pp0p0_c20220101__20221231__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember_fKDIp_zMErbsGvgBhk" style="text-align: right" title="Allowance for Credit Losses, Provision">270,409</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98F_ecustom--AllowanceForCreditLossesProvision_pdp0_c20220101__20221231__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember_fKDIp_zSscg6FEhni1" style="text-align: right" title="Allowance for Credit Losses, Provision">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_987_ecustom--AllowanceForCreditLossesProvision_pp0p0_c20220101__20221231_fKDIp_zXrYjlYXWxb7" style="text-align: right" title="Allowance for credit losses, provision">270,409</td><td id="xdx_F28_zpBgR7bfUuhi" style="text-align: left">(2)</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 10pt">Charge-offs</td><td> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_989_ecustom--AllowanceForCreditLossesChargeOffs_pdp0_c20220101__20221231__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember_zstEarMPYi81" style="border-bottom: Black 1pt solid; text-align: right" title="Allowance for credit losses, Charge-offs">-</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98B_ecustom--AllowanceForCreditLossesChargeOffs_pdp0_c20220101__20221231__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember_z00pqDz3l3hb" style="border-bottom: Black 1pt solid; text-align: right" title="Allowance for credit losses, Charge-offs">-</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_987_ecustom--AllowanceForCreditLossesChargeOffs_pdp0_c20220101__20221231__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember_zi5CWD17osW1" style="border-bottom: Black 1pt solid; text-align: right" title="Allowance for credit losses, Charge-offs">-</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98C_ecustom--AllowanceForCreditLossesChargeOffs_pdp0_c20220101__20221231_zKIXr0vN1i14" style="border-bottom: Black 1pt solid; text-align: right" title="Allowance for credit losses, charge-offs">-</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td>Ending balance - December 31, 2022</td><td> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_988_eus-gaap--FinancingReceivableAllowanceForCreditLosses_iE_pp0p0_c20220101__20221231__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember_zTdA2s8Cptug" style="border-bottom: Black 2.5pt double; text-align: right" title="Financing Receivable, Allowance for Credit Loss, Beginning">187,129</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_987_eus-gaap--FinancingReceivableAllowanceForCreditLosses_iE_pp0p0_c20220101__20221231__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember_zvR7JkC1hOhc" style="border-bottom: Black 2.5pt double; text-align: right" title="Financing Receivable, Allowance for Credit Loss, Beginning">1,739,980</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_988_eus-gaap--FinancingReceivableAllowanceForCreditLosses_iE_pp0p0_c20220101__20221231__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember_z8Bw39aTgQMl" style="border-bottom: Black 2.5pt double; text-align: right" title="Financing Receivable, Allowance for Credit Loss, Beginning">43,202</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_985_eus-gaap--FinancingReceivableAllowanceForCreditLosses_iE_pp0p0_c20220101__20221231_zeZp0lwLfjWd" style="border-bottom: Black 2.5pt double; text-align: right" title="Financing receivable, allowance for credit loss, ending balance">1,970,311</td><td style="text-align: left"> </td></tr> </table> <div style="margin-top: 0pt; margin-bottom: 0pt; width: 25%"><div style="border-top: Black 1pt solid; font-size: 1pt"> </div></div> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in">(1) </td> <td style="font: 10pt Times New Roman, Times, Serif">See Note 2 of the notes to the condensed consolidated financial statements</td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif">(2) </td> <td style="font: 10pt Times New Roman, Times, Serif">Included in other expenses on the condensed consolidated statements of earnings</td></tr> </table>

187129

1739980

43202

1970311

555807 -192607 301830 665030 15195 137727 -52844 100078

758131

1685100

292188

2735419

187129

1469571

43202

1699902

270409 270409

187129

1739980

43202

1970311

The following table presents the aging of mortgage loans held for investment by loan type as of the dates indicated. Schedule of Aging of Mortgage Loans <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 80%"> <tr style="vertical-align: bottom"> <td> </td><td> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Commercial</td><td> </td><td> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Residential</td><td> </td><td> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Residential Construction</td><td> </td><td> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Total</td><td> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-decoration: underline; font-weight: bold">March 31, 2023</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-left: 10pt; width: 44%; text-align: left">30-59 days past due</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_984_ecustom--MortgageLoansDuringPeriod_pp0p0_c20230101__20230331__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--PastDue30To59DaysMember_zjBguPtEb5ik" style="width: 10%; text-align: right" title="Mortgage Loans during period">3,221,608</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_98A_ecustom--MortgageLoansDuringPeriod_pp0p0_c20230101__20230331__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--PastDue30To59DaysMember_zbPXHA1CmkTh" style="width: 10%; text-align: right" title="Mortgage Loans during period">5,807,400</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_98E_ecustom--MortgageLoansDuringPeriod_pp0p0_c20230101__20230331__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--PastDue30To59DaysMember_zf6a0H4UFJ8c" style="width: 10%; text-align: right" title="Mortgage Loans during period">1,205,232</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_984_ecustom--MortgageLoansDuringPeriod_pp0p0_c20230101__20230331__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--PastDue30To59DaysMember_z3Hlndq6duA4" style="width: 10%; text-align: right" title="Mortgage Loans during period">10,234,240</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 10pt; text-align: left">60-89 days past due</td><td> </td> <td style="text-align: left"> </td><td id="xdx_988_ecustom--MortgageLoansDuringPeriod_pp0p0_c20230101__20230331__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--PastDue60To89DaysMember_zTfPVEupGma" style="text-align: right" title="Mortgage Loans during period">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_981_ecustom--MortgageLoansDuringPeriod_pp0p0_c20230101__20230331__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--PastDue60To89DaysMember_zbRTXMcwSgtb" style="text-align: right" title="Mortgage Loans during period">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_983_ecustom--MortgageLoansDuringPeriod_pp0p0_c20230101__20230331__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--PastDue60To89DaysMember_zw0Y2gI11kJ9" style="text-align: right" title="Mortgage Loans during period">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98C_ecustom--MortgageLoansDuringPeriod_pp0p0_c20230101__20230331__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--PastDue60To89DaysMember_zKkRmQn6r6s8" style="text-align: right" title="Mortgage Loans during period">-</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td id="xdx_F44_zL5rUPs88mJ6" style="padding-left: 10pt; text-align: left">Over 90 days past due (1)</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98B_ecustom--MortgageLoansDuringPeriod_pp0p0_c20230101__20230331__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--PastDue90OrMoreDaysMember_fKDEp_zBEpW7fzqRge" style="text-align: right" title="Mortgage Loans during period">405,000</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_989_ecustom--MortgageLoansDuringPeriod_pp0p0_c20230101__20230331__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--PastDue90OrMoreDaysMember_fKDEp_z6qelS304PNi" style="text-align: right" title="Mortgage Loans during period">2,224,933</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_989_ecustom--MortgageLoansDuringPeriod_pp0p0_c20230101__20230331__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--PastDue90OrMoreDaysMember_fKDEp_zfT4vjS3Qy5b" style="text-align: right" title="Mortgage Loans during period">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_986_ecustom--MortgageLoansDuringPeriod_pp0p0_c20230101__20230331__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--PastDue90OrMoreDaysMember_fKDEp_zfnRBV9HKuba" style="text-align: right" title="Mortgage Loans during period">2,629,933</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td id="xdx_F45_z4tIoAmHhZ1d" style="padding-left: 10pt; text-align: left">In process of foreclosure (1)</td><td> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_985_ecustom--MortgageLoansDuringPeriod_pp0p0_c20230101__20230331__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--InForeclosureMember_fKDEp_zhbP0lyRQqL6" style="border-bottom: Black 1pt solid; text-align: right" title="Mortgage Loans during period">-</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98C_ecustom--MortgageLoansDuringPeriod_pp0p0_c20230101__20230331__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--InForeclosureMember_fKDEp_zQ8zei5pYnqe" style="border-bottom: Black 1pt solid; text-align: right" title="Mortgage Loans during period">713,552</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98D_ecustom--MortgageLoansDuringPeriod_pp0p0_c20230101__20230331__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--InForeclosureMember_fKDEp_zxnAKMGyKOVl" style="border-bottom: Black 1pt solid; text-align: right" title="Mortgage Loans during period">-</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_984_ecustom--MortgageLoansDuringPeriod_pp0p0_c20230101__20230331__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--InForeclosureMember_fKDEp_zzApKBkDwO86" style="border-bottom: Black 1pt solid; text-align: right" title="Mortgage Loans during period">713,552</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-left: 10pt; text-align: left">Total past due</td><td> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_987_ecustom--MortgageLoansDuringPeriod_pp0p0_c20230101__20230331__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--TotalPastDueMember_zEb4JhXJJ4Bb" style="border-bottom: Black 1pt solid; text-align: right" title="Mortgage Loans during period">3,626,608</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_989_ecustom--MortgageLoansDuringPeriod_pp0p0_c20230101__20230331__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--TotalPastDueMember_zqrNTBvrP289" style="border-bottom: Black 1pt solid; text-align: right" title="Mortgage Loans during period">8,745,885</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98A_ecustom--MortgageLoansDuringPeriod_pp0p0_c20230101__20230331__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--TotalPastDueMember_zSKemp3UE6qd" style="border-bottom: Black 1pt solid; text-align: right" title="Mortgage Loans during period">1,205,232</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98A_ecustom--MortgageLoansDuringPeriod_pp0p0_c20230101__20230331__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--TotalPastDueMember_z4B1vh5EpEKd" style="border-bottom: Black 1pt solid; text-align: right" title="Mortgage Loans during period">13,577,725</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 10pt">Current</td><td> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98F_ecustom--MortgageLoansDuringPeriod_pp0p0_c20230101__20230331__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--CurrentMember_zdH1ocBvo4lh" style="border-bottom: Black 1pt solid; text-align: right" title="Mortgage Loans during period">47,180,844</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98D_ecustom--MortgageLoansDuringPeriod_pp0p0_c20230101__20230331__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--CurrentMember_z5TZc4wMm1uf" style="border-bottom: Black 1pt solid; text-align: right" title="Mortgage Loans during period">85,725,328</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_980_ecustom--MortgageLoansDuringPeriod_pp0p0_c20230101__20230331__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--CurrentMember_zX8Y5sFAcq44" style="border-bottom: Black 1pt solid; text-align: right" title="Mortgage Loans during period">144,888,715</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_982_ecustom--MortgageLoansDuringPeriod_pp0p0_c20230101__20230331__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--CurrentMember_zJ0ZQ9sVbqIj" style="border-bottom: Black 1pt solid; text-align: right" title="Mortgage Loans during period">277,794,887</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-left: 10pt; text-align: left">Total mortgage loans</td><td> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_985_ecustom--MortgageLoansDuringPeriod_pp0p0_c20230101__20230331__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember_ziBJQME2xM22" style="border-bottom: Black 1pt solid; text-align: right" title="Mortgage Loans during period">50,807,452</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98C_ecustom--MortgageLoansDuringPeriod_pp0p0_c20230101__20230331__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember_z0mj9z4wX0ub" style="border-bottom: Black 1pt solid; text-align: right" title="Mortgage Loans during period">94,471,213</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_989_ecustom--MortgageLoansDuringPeriod_pp0p0_c20230101__20230331__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember_zLIFyTucxCm3" style="border-bottom: Black 1pt solid; text-align: right" title="Mortgage Loans during period">146,093,947</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98A_ecustom--MortgageLoansDuringPeriod_pp0p0_c20230101__20230331_zH49Fk6ji0w" style="border-bottom: Black 1pt solid; text-align: right" title="Mortgage Loans during period">291,372,612</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 10pt; text-align: left">Allowance for credit losses</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98F_eus-gaap--FinancingReceivableAllowanceForCreditLosses_iNI_pp0p0_di_c20230331__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember_zORBSpooz1hk" style="text-align: right" title="Mortgage Loans, Allowance for Loan Losses">(758,131</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td id="xdx_983_eus-gaap--FinancingReceivableAllowanceForCreditLosses_iNI_pp0p0_di_c20230331__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember_zfGRwEVmR6I6" style="text-align: right" title="Mortgage Loans, Allowance for Loan Losses">(1,685,100</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td id="xdx_989_eus-gaap--FinancingReceivableAllowanceForCreditLosses_iNI_pp0p0_di_c20230331__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember_zUztMpLsyuya" style="text-align: right" title="Mortgage Loans, Allowance for Loan Losses">(292,188</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td id="xdx_980_eus-gaap--FinancingReceivableAllowanceForCreditLosses_iNI_pp0p0_di_c20230331_z2W4K8cKOaTf" style="text-align: right" title="Mortgage Loans, Allowance for Loan Losses">(2,735,419</td><td style="text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-left: 10pt; text-align: left">Unamortized deferred loan fees, net</td><td> </td> <td style="text-align: left"> </td><td id="xdx_985_ecustom--MortgageLoansOnRealEstateAndConstructionUnamortizedDeferredLoanFeesNet_iI_pp0p0_c20230331__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember_zSryBaDvbfLb" style="text-align: right" title="Mortgage Loans, Unamortized deferred loan fees, net">(224,118</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td id="xdx_985_ecustom--MortgageLoansOnRealEstateAndConstructionUnamortizedDeferredLoanFeesNet_iI_pp0p0_c20230331__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember_zJnnswKqxLha" style="text-align: right" title="Mortgage Loans, Unamortized deferred loan fees, net">(1,258,174</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td id="xdx_984_ecustom--MortgageLoansOnRealEstateAndConstructionUnamortizedDeferredLoanFeesNet_iI_pp0p0_c20230331__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember_zWJekGqpxaZ9" style="text-align: right" title="Mortgage Loans, Unamortized deferred loan fees, net">(270,077</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td id="xdx_988_ecustom--MortgageLoansOnRealEstateAndConstructionUnamortizedDeferredLoanFeesNet_iI_pp0p0_c20230331_zJFTEDP3Eaog" style="text-align: right" title="Mortgage Loans, Unamortized deferred loan fees, net">(1,752,369</td><td style="text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 10pt; text-align: left">Unamortized discounts, net</td><td> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_984_ecustom--MortgageLoansOnRealEstateAndConstructionDiscount_iI_pp0p0_c20230331__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember_zPp647Sn2efh" style="border-bottom: Black 1pt solid; text-align: right" title="Mortgage Loans, Unamortized discounts, net">(227,417</td><td style="text-align: left">)</td><td> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98F_ecustom--MortgageLoansOnRealEstateAndConstructionDiscount_iI_pp0p0_c20230331__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember_zW5K83I929Kk" style="border-bottom: Black 1pt solid; text-align: right" title="Mortgage Loans, Unamortized discounts, net">(110,768</td><td style="text-align: left">)</td><td> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_989_ecustom--MortgageLoansOnRealEstateAndConstructionDiscount_iI_pp0p0_c20230331__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember_zcyKszeOkSo9" style="border-bottom: Black 1pt solid; text-align: right" title="Mortgage Loans, Unamortized discounts, net">-</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_983_ecustom--MortgageLoansOnRealEstateAndConstructionDiscount_iI_pp0p0_c20230331_za1Yys6WkpK9" style="border-bottom: Black 1pt solid; text-align: right" title="Mortgage Loans, Unamortized discounts, net">(338,185</td><td style="text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-left: 10pt; text-align: left">Net mortgage loans</td><td> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_988_ecustom--MortgageLoansDuringPeriod_pp0p0_c20230101__20230331__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--NetMortgageLoansMember_zkpj9dNKth0b" style="border-bottom: Black 2.5pt double; text-align: right" title="Mortgage Loans during period">49,597,786</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98E_ecustom--MortgageLoansDuringPeriod_pp0p0_c20230101__20230331__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--NetMortgageLoansMember_zjYAsEgDdhn5" style="border-bottom: Black 2.5pt double; text-align: right" title="Mortgage Loans during period">91,417,171</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98C_ecustom--MortgageLoansDuringPeriod_pp0p0_c20230101__20230331__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--NetMortgageLoansMember_zq5GzKrHRav2" style="border-bottom: Black 2.5pt double; text-align: right" title="Mortgage Loans during period">145,531,682</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_980_ecustom--MortgageLoansDuringPeriod_pp0p0_c20230101__20230331__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--NetMortgageLoansMember_zMYCCG86W3sb" style="border-bottom: Black 2.5pt double; text-align: right" title="Mortgage Loans during period">286,546,639</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-decoration: underline; font-weight: bold">December 31, 2022</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 10pt; text-align: left">30-59 days past due</td><td> </td> <td style="text-align: left">$</td><td id="xdx_980_ecustom--MortgageLoansDuringPeriod_pp0p0_c20220101__20221231__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--PastDue30To59DaysMember_z6ujUzEitZb1" style="text-align: right" title="Mortgage Loans during period">1,000,000</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td id="xdx_986_ecustom--MortgageLoansDuringPeriod_pp0p0_c20220101__20221231__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--PastDue30To59DaysMember_zZ1wIYKYbLH7" style="text-align: right" title="Mortgage Loans during period">3,553,390</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td id="xdx_982_ecustom--MortgageLoansDuringPeriod_pp0p0_c20220101__20221231__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--PastDue30To59DaysMember_z2DNzdJt5Ice" style="text-align: right" title="Mortgage Loans during period">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td id="xdx_98C_ecustom--MortgageLoansDuringPeriod_pp0p0_c20220101__20221231__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--PastDue30To59DaysMember_z07KQlcavenl" style="text-align: right" title="Mortgage Loans during period">4,553,390</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-left: 10pt; text-align: left">60-89 days past due</td><td> </td> <td style="text-align: left"> </td><td id="xdx_989_ecustom--MortgageLoansDuringPeriod_pp0p0_c20220101__20221231__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--PastDue60To89DaysMember_zEf78psLQjX9" style="text-align: right" title="Mortgage Loans during period">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_983_ecustom--MortgageLoansDuringPeriod_pp0p0_c20220101__20221231__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--PastDue60To89DaysMember_zyNzsKAdViq1" style="text-align: right" title="Mortgage Loans during period">814,184</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_983_ecustom--MortgageLoansDuringPeriod_pp0p0_c20220101__20221231__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--PastDue60To89DaysMember_zV6QNWzpH6r4" style="text-align: right" title="Mortgage Loans during period">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_989_ecustom--MortgageLoansDuringPeriod_pp0p0_c20220101__20221231__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--PastDue60To89DaysMember_z2WInUyUDiDf" style="text-align: right" title="Mortgage Loans during period">814,184</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 10pt; text-align: left">Over 90 days past due (1)</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98B_ecustom--MortgageLoansDuringPeriod_pp0p0_c20220101__20221231__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--PastDue90OrMoreDaysMember_fKDEp_zrZOBGzKd3ma" style="text-align: right" title="Mortgage Loans during period">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_985_ecustom--MortgageLoansDuringPeriod_pp0p0_c20220101__20221231__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--PastDue90OrMoreDaysMember_fKDEp_zeKbWTePGGzb" style="text-align: right" title="Mortgage Loans during period">1,286,211</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_981_ecustom--MortgageLoansDuringPeriod_pp0p0_c20220101__20221231__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--PastDue90OrMoreDaysMember_fKDEp_zp9w6XQItx78" style="text-align: right" title="Mortgage Loans during period">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_982_ecustom--MortgageLoansDuringPeriod_pp0p0_c20220101__20221231__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--PastDue90OrMoreDaysMember_fKDEp_zr4BL36BekIc" style="text-align: right" title="Mortgage Loans during period">1,286,211</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-left: 10pt; text-align: left">In process of foreclosure (1)</td><td> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98F_ecustom--MortgageLoansDuringPeriod_pp0p0_c20220101__20221231__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--InForeclosureMember_fKDEp_zrLC1RjoIaZb" style="border-bottom: Black 1pt solid; text-align: right" title="Mortgage Loans during period">405,000</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98C_ecustom--MortgageLoansDuringPeriod_pp0p0_c20220101__20221231__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--InForeclosureMember_fKDEp_zYHdT5MqA5Z8" style="border-bottom: Black 1pt solid; text-align: right" title="Mortgage Loans during period">876,174</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_989_ecustom--MortgageLoansDuringPeriod_pp0p0_c20220101__20221231__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--InForeclosureMember_fKDEp_zYLqwEfZ5Lrl" style="border-bottom: Black 1pt solid; text-align: right" title="Mortgage Loans during period">-</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98D_ecustom--MortgageLoansDuringPeriod_pp0p0_c20220101__20221231__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--InForeclosureMember_fKDEp_zDAFsELWyspd" style="border-bottom: Black 1pt solid; text-align: right" title="Mortgage Loans during period">1,281,174</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 10pt; text-align: left">Total past due</td><td> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98E_ecustom--MortgageLoansDuringPeriod_pp0p0_c20220101__20221231__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--TotalPastDueMember_zSGJe6FkVBbb" style="border-bottom: Black 1pt solid; text-align: right" title="Mortgage Loans during period">1,405,000</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_988_ecustom--MortgageLoansDuringPeriod_pp0p0_c20220101__20221231__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--TotalPastDueMember_zXF0McuRLEd8" style="border-bottom: Black 1pt solid; text-align: right" title="Mortgage Loans during period">6,529,959</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_985_ecustom--MortgageLoansDuringPeriod_pp0p0_c20220101__20221231__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--TotalPastDueMember_z6Q7xxFKjHW3" style="border-bottom: Black 1pt solid; text-align: right" title="Mortgage Loans during period">-</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_986_ecustom--MortgageLoansDuringPeriod_pp0p0_c20220101__20221231__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--TotalPastDueMember_zHMfCdoPb834" style="border-bottom: Black 1pt solid; text-align: right" title="Mortgage Loans during period">7,934,959</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-left: 10pt">Current</td><td> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_984_ecustom--MortgageLoansDuringPeriod_pp0p0_c20220101__20221231__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--CurrentMember_zjlg7Ld7Frvc" style="border-bottom: Black 1pt solid; text-align: right" title="Mortgage Loans during period">44,906,955</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_984_ecustom--MortgageLoansDuringPeriod_pp0p0_c20220101__20221231__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--CurrentMember_zic7TFdAhIv1" style="border-bottom: Black 1pt solid; text-align: right" title="Mortgage Loans during period">86,825,664</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98C_ecustom--MortgageLoansDuringPeriod_pp0p0_c20220101__20221231__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--CurrentMember_zPk6pRT42F22" style="border-bottom: Black 1pt solid; text-align: right" title="Mortgage Loans during period">172,516,125</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98D_ecustom--MortgageLoansDuringPeriod_pp0p0_c20220101__20221231__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--CurrentMember_zRK5EEYnnIE3" style="border-bottom: Black 1pt solid; text-align: right" title="Mortgage Loans during period">304,248,744</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 10pt; text-align: left">Total mortgage loans</td><td> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_988_ecustom--MortgageLoansDuringPeriod_pp0p0_c20220101__20221231__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember_zVBvuZGDz8Dk" style="border-bottom: Black 1pt solid; text-align: right" title="Mortgage Loans during period">46,311,955</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_986_ecustom--MortgageLoansDuringPeriod_pp0p0_c20220101__20221231__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember_zqc8dgU5meN5" style="border-bottom: Black 1pt solid; text-align: right" title="Mortgage Loans during period">93,355,623</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_987_ecustom--MortgageLoansDuringPeriod_pp0p0_c20220101__20221231__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember_zj7nkCwgKUR7" style="border-bottom: Black 1pt solid; text-align: right" title="Mortgage Loans during period">172,516,125</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_986_ecustom--MortgageLoansDuringPeriod_pp0p0_c20220101__20221231_zYTGTtYl2Jr2" style="border-bottom: Black 1pt solid; text-align: right" title="Mortgage Loans during period">312,183,703</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-left: 10pt; text-align: left">Allowance for credit losses</td><td> </td> <td style="text-align: left"> </td><td id="xdx_981_eus-gaap--FinancingReceivableAllowanceForCreditLosses_iNI_pp0p0_di_c20221231__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember_z7d1IrrGhJ2a" style="text-align: right" title="Mortgage Loans, Allowance for Loan Losses">(187,129</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98D_eus-gaap--FinancingReceivableAllowanceForCreditLosses_iNI_pp0p0_di_c20221231__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember_zwMuXWJqKAn3" style="text-align: right" title="Mortgage Loans, Allowance for Loan Losses">(1,739,980</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td id="xdx_981_eus-gaap--FinancingReceivableAllowanceForCreditLosses_iNI_pp0p0_di_c20221231__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember_z2soBpRa3r39" style="text-align: right" title="Mortgage Loans, Allowance for Loan Losses">(43,202</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td id="xdx_986_eus-gaap--FinancingReceivableAllowanceForCreditLosses_iNI_pp0p0_di_c20221231_zvCRJYJoCC9d" style="text-align: right" title="Mortgage loans, allowance for loan losses">(1,970,311</td><td style="text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 10pt; text-align: left">Unamortized deferred loan fees, net</td><td> </td> <td style="text-align: left"> </td><td id="xdx_989_ecustom--MortgageLoansOnRealEstateAndConstructionUnamortizedDeferredLoanFeesNet_iI_pp0p0_c20221231__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember_zM4R4TdSe4M8" style="text-align: right" title="Mortgage Loans, Unamortized deferred loan fees, net">(199,765</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98E_ecustom--MortgageLoansOnRealEstateAndConstructionUnamortizedDeferredLoanFeesNet_iI_pp0p0_c20221231__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember_zpvGwRL4CVZb" style="text-align: right" title="Mortgage Loans, Unamortized deferred loan fees, net">(1,212,994</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td id="xdx_982_ecustom--MortgageLoansOnRealEstateAndConstructionUnamortizedDeferredLoanFeesNet_iI_pp0p0_c20221231__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember_z6fzNhmisvWk" style="text-align: right" title="Mortgage Loans, Unamortized deferred loan fees, net">(333,846</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td id="xdx_988_ecustom--MortgageLoansOnRealEstateAndConstructionUnamortizedDeferredLoanFeesNet_iI_pp0p0_c20221231_zFC7hpZo3nFk" style="text-align: right" title="Mortgage loans, unamortized deferred loan fees, net">(1,746,605</td><td style="text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-left: 10pt; text-align: left">Unamortized discounts, net</td><td> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_980_ecustom--MortgageLoansOnRealEstateAndConstructionDiscount_iI_pp0p0_c20221231__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember_z7Kuw9SyQCU6" style="border-bottom: Black 1pt solid; text-align: right" title="Mortgage Loans, Unamortized discounts, net">(230,987</td><td style="text-align: left">)</td><td> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98D_ecustom--MortgageLoansOnRealEstateAndConstructionDiscount_iI_pp0p0_c20221231__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember_zT76KghiHAfh" style="border-bottom: Black 1pt solid; text-align: right" title="Mortgage Loans, Unamortized discounts, net">(111,873</td><td style="text-align: left">)</td><td> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_982_ecustom--MortgageLoansOnRealEstateAndConstructionDiscount_iI_pp0p0_c20221231__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember_z53iOSlptgY8" style="border-bottom: Black 1pt solid; text-align: right" title="Mortgage Loans, Unamortized discounts, net">-</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_986_ecustom--MortgageLoansOnRealEstateAndConstructionDiscount_iI_pp0p0_c20221231_zOGYuNZauDq2" style="border-bottom: Black 1pt solid; text-align: right" title="Mortgage loans, unamortized discounts, net">(342,860</td><td style="text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 10pt; text-align: left">Net mortgage loans</td><td> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98E_ecustom--MortgageLoansDuringPeriod_pp0p0_c20220101__20221231__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--NetMortgageLoansMember_zdjfur4HXiR8" style="border-bottom: Black 2.5pt double; text-align: right" title="Mortgage Loans during period">45,694,074</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_987_ecustom--MortgageLoansDuringPeriod_pp0p0_c20220101__20221231__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--NetMortgageLoansMember_zW7UhNyrCYi2" style="border-bottom: Black 2.5pt double; text-align: right" title="Mortgage Loans during period">90,290,776</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98A_ecustom--MortgageLoansDuringPeriod_pp0p0_c20220101__20221231__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--NetMortgageLoansMember_z3qKIN97yslh" style="border-bottom: Black 2.5pt double; text-align: right" title="Mortgage Loans during period">172,139,077</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98C_ecustom--MortgageLoansDuringPeriod_pp0p0_c20220101__20221231__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--NetMortgageLoansMember_zGJB5AZEKJ69" style="border-bottom: Black 2.5pt double; text-align: right" title="Mortgage loans during period">308,123,927</td><td style="text-align: left"> </td></tr> </table> <div style="margin-top: 0pt; margin-bottom: 0pt; width: 25%"><div style="border-top: Black 1pt solid; font-size: 1pt"> </div></div> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in">(1) </td> <td style="font: 10pt Times New Roman, Times, Serif">Interest income is not recognized on loans past due greater than 90 days or in foreclosure.</td></tr> </table> 3221608 5807400 1205232 10234240 405000 2224933 2629933 713552 713552 3626608 8745885 1205232 13577725 47180844 85725328 144888715 277794887 50807452 94471213 146093947 291372612

758131

1685100

292188

2735419

-224118 -1258174 -270077 -1752369 -227417 -110768 -338185 49597786 91417171 145531682 286546639 1000000 3553390 4553390 814184 814184 1286211 1286211 405000 876174 1281174 1405000 6529959 7934959 44906955 86825664 172516125 304248744 46311955 93355623 172516125 312183703

187129

1739980

43202

1970311

-199765 -1212994 -333846 -1746605 -230987 -111873 -342860 45694074 90290776 172139077 308123927

<p id="xdx_892_eus-gaap--FinancingReceivableCreditQualityIndicatorsTableTextBlock_z4aOJIZb6Vi4" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify">The unpaid principal balance of commercial mortgage loans by credit quality indicator and vintage year was as follows as of March 31, 2023: Schedule of Commercial Mortgage Loans By Credit Quality Indicator <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 90%"> <tr style="display: none; vertical-align: bottom; background-color: rgb(204,238,255)"> <td> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_485_eus-gaap--FinancingReceivableOriginatedInCurrentFiscalYear_iI_zKC4WXgq6pdc" style="text-align: right">2023</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_486_eus-gaap--FinancingReceivableOriginatedInFiscalYearBeforeLatestFiscalYear_iI_z1ZSLfrJNGL5" style="text-align: right">2022</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_489_eus-gaap--FinancingReceivableOriginatedTwoYearsBeforeLatestFiscalYear_iI_zIl9gFPLlPM1" style="text-align: right">2021</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_48B_eus-gaap--FinancingReceivableOriginatedThreeYearsBeforeLatestFiscalYear_iI_zbYkEJA3sZXj" style="text-align: right">2020</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_484_eus-gaap--FinancingReceivableOriginatedFourYearsBeforeLatestFiscalYear_iI_zEk0xlwieRK9" style="text-align: right">2019</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_488_eus-gaap--FinancingReceivableOriginatedFiveOrMoreYearsBeforeLatestFiscalYear_iI_ztT9lb8WfpY3" style="text-align: right">Prior</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_488_eus-gaap--NotesReceivableGross_iI_zejzLqgzOhL4" style="text-align: right">Total</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_48E_eus-gaap--FinancingReceivableNonaccrualPercentPastDue1_iI_pid_dp_uPure_z8RxMUdVt41b" style="text-align: right">% of Total</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: Black 1pt solid; text-align: center">Credit Quality Indicator</td><td> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">2023</td><td> </td><td> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">2022</td><td> </td><td> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">2021</td><td> </td><td> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">2020</td><td> </td><td> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">2019</td><td> </td><td> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Prior</td><td> </td><td> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Total</td><td> </td><td> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">% of Total</td><td> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-decoration: underline; font-weight: bold">LTV:</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr id="xdx_41D_20230331__us-gaap--LoanToValueAxis__custom--LtvLessThan65PercentMember__us-gaap--FinancingReceivablePortfolioSegmentAxis__us-gaap--CommercialPortfolioSegmentMember_zZJI6fUj5HXk" style="vertical-align: bottom; background-color: White"> <td style="width: 28%; text-align: left">Less than 65%</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 5%; text-align: right">8,525,000</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 5%; text-align: right">14,383,954</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 5%; text-align: right">3,842,851</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 5%; text-align: right">-</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 5%; text-align: right">3,025,549</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 5%; text-align: right">7,009,216</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 5%; text-align: right">36,786,570</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 5%; text-align: right">72.40</td><td style="width: 1%; text-align: left">%</td></tr> <tr id="xdx_418_20230331__us-gaap--LoanToValueAxis__custom--Ltv65To80PercentMember__us-gaap--FinancingReceivablePortfolioSegmentAxis__us-gaap--CommercialPortfolioSegmentMember_zRiOU1P99vwj" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td>65% to 80%</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">6,073,044</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">2,100,000</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">4,913,313</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">13,086,357</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">25.76</td><td style="text-align: left">%</td></tr> <tr id="xdx_417_20230331__us-gaap--LoanToValueAxis__custom--LtvGreaterThan80PercentMember__us-gaap--FinancingReceivablePortfolioSegmentAxis__us-gaap--CommercialPortfolioSegmentMember_zHZwyq3mCwVl" style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Greater than 80%</td><td> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">-</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">529,525</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">405,000</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">-</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">-</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">-</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">934,525</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">1.84</td><td style="text-align: left">%</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr id="xdx_410_20230331__us-gaap--FinancingReceivablePortfolioSegmentAxis__us-gaap--CommercialPortfolioSegmentMember_z5Vdot4I8LA" style="vertical-align: bottom; background-color: White"> <td>Total</td><td> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">8,525,000</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">20,986,523</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">6,347,851</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">4,913,313</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">3,025,549</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">7,009,216</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">50,807,452</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td><td style="border-bottom: Black 2.5pt double; text-align: right">100.00</td><td style="text-align: left">%</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-decoration: underline; font-weight: bold">DSCR</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr id="xdx_413_20230331__us-gaap--LoanToValueAxis__custom--DSCRGreaterThanOnePointTwoZeroXMember__us-gaap--FinancingReceivablePortfolioSegmentAxis__us-gaap--CommercialPortfolioSegmentMember_zZ0TxPlD9ruj" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td>>1.20x</td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">5,725,000</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">1,000,000</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">2,800,000</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">4,913,313</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">3,025,549</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">1,507,378</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">18,971,240</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">37.34</td><td style="text-align: left">%</td></tr> <tr id="xdx_412_20230331__us-gaap--LoanToValueAxis__custom--DSCROneXToOnePointTwoZeroXMember__us-gaap--FinancingReceivablePortfolioSegmentAxis__us-gaap--CommercialPortfolioSegmentMember_zYxk1oTfsm4l" style="vertical-align: bottom; background-color: White"> <td>1.00x - 1.20x</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">2,800,000</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">11,425,114</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">3,547,851</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">5,501,838</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">23,274,803</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">45.81</td><td style="text-align: left">%</td></tr> <tr id="xdx_410_20230331__us-gaap--LoanToValueAxis__custom--DSCRLessThanOneXMember__us-gaap--FinancingReceivablePortfolioSegmentAxis__us-gaap--CommercialPortfolioSegmentMember_zRmTBWLv7sV6" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td><1.00x</td><td> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">-</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">8,561,409</td><td style="text-align: left">(1)</td><td> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">-</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">-</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">-</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">-</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">8,561,409</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">16.85</td><td style="text-align: left">%</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr id="xdx_412_20230331__us-gaap--FinancingReceivablePortfolioSegmentAxis__us-gaap--CommercialPortfolioSegmentMember_ztt75JhrXPVa" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td>Total</td><td> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">8,525,000</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">20,986,523</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">6,347,851</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">4,913,313</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">3,025,549</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">7,009,216</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">50,807,452</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td><td style="border-bottom: Black 2.5pt double; text-align: right">100.00</td><td style="text-align: left">%</td></tr> </table> <div style="margin-top: 0pt; margin-bottom: 0pt; width: 25%"><div style="border-top: Black 1pt solid; font-size: 1pt"> </div></div> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in">(1) </td> <td style="font: 10pt Times New Roman, Times, Serif">Commercial construction loan</td></tr> </table> The Company evaluates and monitors the credit quality of its residential mortgage loans by analyzing loan performance. The Company defines non-performing mortgage loans as loans 90 days or greater delinquent and on a non-accrual status. Monitoring a residential mortgage loan increases when the loan is delinquent or earlier if there is an indication of impairment. The unpaid principal balance of residential mortgage loans by credit quality indicator and vintage year was as follows as of March 31, 2023: <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: bottom"> <td style="border-bottom: Black 1pt solid; text-align: center">Credit Quality Indicator</td><td> </td> <td colspan="2" id="xdx_482_eus-gaap--FinancingReceivableOriginatedInCurrentFiscalYear_iI_z0dceddtM7hf" style="border-bottom: Black 1pt solid; text-align: center">2023</td><td> </td><td> </td> <td colspan="2" id="xdx_480_eus-gaap--FinancingReceivableOriginatedInFiscalYearBeforeLatestFiscalYear_iI_zNz065ulRCWg" style="border-bottom: Black 1pt solid; text-align: center">2022</td><td> </td><td> </td> <td colspan="2" id="xdx_48D_eus-gaap--FinancingReceivableOriginatedTwoYearsBeforeLatestFiscalYear_iI_zOfTLFa6n1ej" style="border-bottom: Black 1pt solid; text-align: center">2021</td><td> </td><td> </td> <td colspan="2" id="xdx_484_eus-gaap--FinancingReceivableOriginatedThreeYearsBeforeLatestFiscalYear_iI_zs9XM1p6KBEg" style="border-bottom: Black 1pt solid; text-align: center">2020</td><td> </td><td> </td> <td colspan="2" id="xdx_48F_eus-gaap--FinancingReceivableOriginatedFourYearsBeforeLatestFiscalYear_iI_zDgGPYtd6rZ2" style="border-bottom: Black 1pt solid; text-align: center">2019</td><td> </td><td> </td> <td colspan="2" id="xdx_480_eus-gaap--FinancingReceivableOriginatedFiveOrMoreYearsBeforeLatestFiscalYear_iI_zO55fWKGJTEe" style="border-bottom: Black 1pt solid; text-align: center">Prior</td><td> </td><td> </td> <td colspan="2" id="xdx_48F_eus-gaap--NotesReceivableGross_iI_zOjtDK9V7Amf" style="border-bottom: Black 1pt solid; text-align: center">Total</td><td> </td><td> </td> <td colspan="2" id="xdx_48E_eus-gaap--FinancingReceivableNonaccrualPercentPastDue1_iI_pid_dp_uPure_zUoWrTswWBzb" style="border-bottom: Black 1pt solid; text-align: center">% of Total</td><td> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-decoration: underline; font-weight: bold; text-align: left">Performance Indicators:</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr id="xdx_412_20230331__us-gaap--FinancingReceivablePortfolioSegmentAxis__us-gaap--ResidentialPortfolioSegmentMember__us-gaap--FinancialInstrumentPerformanceStatusAxis__us-gaap--PerformingFinancingReceivableMember_zmMLeQRKXqWd" style="vertical-align: bottom; background-color: White"> <td style="width: 28%">Performing</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 5%; text-align: right">5,386,918</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 5%; text-align: right">53,760,980</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 5%; text-align: right">6,923,101</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 5%; text-align: right">8,466,520</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 5%; text-align: right">3,264,494</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 5%; text-align: right">13,730,714</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 5%; text-align: right">91,532,727</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 5%; text-align: right">96.89</td><td style="width: 1%; text-align: left">%</td></tr> <tr id="xdx_41E_20230331__us-gaap--FinancingReceivablePortfolioSegmentAxis__us-gaap--ResidentialPortfolioSegmentMember__us-gaap--FinancialInstrumentPerformanceStatusAxis__us-gaap--NonperformingFinancingReceivableMember_zFHag0zcgyF1" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td>Non-performing (1)</td><td> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">-</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">1,104,327</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">366,646</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">-</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">353,092</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">1,114,421</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">2,938,486</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">3.11</td><td style="text-align: left">%</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr id="xdx_415_20230331__us-gaap--FinancingReceivablePortfolioSegmentAxis__us-gaap--ResidentialPortfolioSegmentMember_zuO1hgXDlyo9" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td>Total</td><td> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">5,386,918</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">54,865,307</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">7,289,747</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">8,466,520</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">3,617,586</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">14,845,135</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">94,471,213</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td><td style="border-bottom: Black 2.5pt double; text-align: right">100.00</td><td style="text-align: left">%</td></tr> </table> <div style="margin-top: 0pt; margin-bottom: 0pt; width: 25%"><div style="border-top: Black 1pt solid; font-size: 1pt"> </div></div> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in">(1) </td> <td style="font: 10pt Times New Roman, Times, Serif">Includes residential mortgage loans in the process of foreclosure of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNjaGVkdWxlIG9mIENvbW1lcmNpYWwgTW9ydGdhZ2UgTG9hbnMgQnkgQ3JlZGl0IFF1YWxpdHkgSW5kaWNhdG9yIChEZXRhaWxzKSAoUGFyZW50aGV0aWNhbCkA" id="xdx_908_eus-gaap--MortgageLoansInProcessOfForeclosureAmount_iI_c20230331__us-gaap--FinancingReceivablePortfolioSegmentAxis__us-gaap--ResidentialPortfolioSegmentMember_z84qDh4XreE5" title="Mortgage loans in process of foreclosure, amount">713,552 at March 31, 2023</td></tr> </table>

8525000

14383954

3842851

3025549

7009216

36786570

0.7240

6073044

2100000

4913313

13086357

0.2576

529525

405000

934525

0.0184

8525000

20986523

6347851

4913313

3025549

7009216

50807452

1.0000

5725000

1000000

2800000

4913313

3025549

1507378

18971240

0.3734

2800000

11425114

3547851

5501838

23274803

0.4581

8561409

0.1685

8525000

20986523

6347851

4913313

3025549

7009216

50807452

1.0000

5386918

53760980

6923101

8466520

3264494

13730714

91532727

0.9689

1104327

366646

353092

1114421

2938486

0.0311

5386918

54865307

7289747

8466520

3617586

14845135

94471213

1.0000

713552

<p id="xdx_89F_ecustom--ScheduleOfResidentialConstructionMortgageLoansTableTextBlock_zh42XohuOuw2" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify">The unpaid principal balance of residential construction mortgage loans by credit quality indicator and vintage year was as follows as of March 31, 2023: Schedule of Residential Construction Mortgage Loans <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 90%"> <tr style="vertical-align: bottom"> <td style="border-bottom: Black 1pt solid; text-align: center">Credit Quality Indicator</td><td> </td> <td colspan="2" id="xdx_482_eus-gaap--FinancingReceivableOriginatedInCurrentFiscalYear_iI_zJkpr984AZtl" style="border-bottom: Black 1pt solid; text-align: center">2023</td><td> </td><td> </td> <td colspan="2" id="xdx_48C_eus-gaap--FinancingReceivableOriginatedInFiscalYearBeforeLatestFiscalYear_iI_zQHBvGd7EOTc" style="border-bottom: Black 1pt solid; text-align: center">2022</td><td> </td><td> </td> <td colspan="2" id="xdx_48B_eus-gaap--FinancingReceivableOriginatedTwoYearsBeforeLatestFiscalYear_iI_zdarjR5qMD29" style="border-bottom: Black 1pt solid; text-align: center">2021</td><td> </td><td> </td> <td colspan="2" id="xdx_486_eus-gaap--NotesReceivableGross_iI_zoDSXQTOkjI7" style="border-bottom: Black 1pt solid; text-align: center">Total</td><td> </td><td> </td> <td colspan="2" id="xdx_483_eus-gaap--FinancingReceivableNonaccrualPercentPastDue1_iI_pid_dp_uPure_z9XMZ7TdV7Z5" style="border-bottom: Black 1pt solid; text-align: center">% of Total</td><td> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-decoration: underline; font-weight: bold; text-align: left">Performance Indicators:</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr id="xdx_41F_20230331__us-gaap--FinancialInstrumentPerformanceStatusAxis__us-gaap--PerformingFinancingReceivableMember__us-gaap--FinancingReceivablePortfolioSegmentAxis__custom--ResidentialConstructionMortgageLoansMember_zrSzHs7PEU67" style="vertical-align: bottom; background-color: White"> <td style="width: 35%">Performing</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 9%; text-align: right">12,541,324</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 9%; text-align: right">87,110,137</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 9%; text-align: right">46,442,486</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 9%; text-align: right">146,093,947</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 9%; text-align: right">100.00</td><td style="width: 1%; text-align: left">%</td></tr> <tr id="xdx_41D_20230331__us-gaap--FinancialInstrumentPerformanceStatusAxis__us-gaap--NonperformingFinancingReceivableMember__us-gaap--FinancingReceivablePortfolioSegmentAxis__custom--ResidentialConstructionMortgageLoansMember_znVsaQyOfvAj" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td>Non-performing</td><td> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">-</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">-</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">-</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">-</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">0.00</td><td style="text-align: left">%</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr id="xdx_41E_20230331__us-gaap--FinancingReceivablePortfolioSegmentAxis__custom--ResidentialConstructionMortgageLoansMember_zkcKwjniE9Ce" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td>Total</td><td> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">12,541,324</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">87,110,137</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">46,442,486</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">146,093,947</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td><td style="border-bottom: Black 2.5pt double; text-align: right">100.00</td><td style="text-align: left">%</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-decoration: underline; font-weight: bold">LTV:</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr id="xdx_416_20230331__us-gaap--LoanToValueAxis__custom--LtvLessThan65PercentMember__us-gaap--FinancingReceivablePortfolioSegmentAxis__custom--ResidentialConstructionMortgageLoansMember_zu99ZJ6OSISa" style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Less than 65%</td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">9,072,543</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">51,392,028</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">8,626,153</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">69,090,724</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">47.29</td><td style="text-align: left">%</td></tr> <tr id="xdx_416_20230331__us-gaap--LoanToValueAxis__custom--Ltv65To80PercentMember__us-gaap--FinancingReceivablePortfolioSegmentAxis__custom--ResidentialConstructionMortgageLoansMember_zNFLUl6EYu29" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td>65% to 80%</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">3,468,781</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">33,790,358</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">21,588,236</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">58,847,375</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">40.28</td><td style="text-align: left">%</td></tr> <tr id="xdx_414_20230331__us-gaap--LoanToValueAxis__custom--LtvGreaterThan80PercentMember__us-gaap--FinancingReceivablePortfolioSegmentAxis__custom--ResidentialConstructionMortgageLoansMember_zK7LIjGUKvRh" style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Greater than 80%</td><td> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">-</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">1,927,751</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">16,228,097</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">18,155,848</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">12.43</td><td style="text-align: left">%</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr id="xdx_414_20230331__us-gaap--FinancingReceivablePortfolioSegmentAxis__custom--ResidentialConstructionMortgageLoansMember_zDCf3mwkG3ag" style="vertical-align: bottom; background-color: White"> <td>Total</td><td> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">12,541,324</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">87,110,137</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">46,442,486</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">146,093,947</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td><td style="border-bottom: Black 2.5pt double; text-align: right">100.00</td><td style="text-align: left">%</td></tr> </table>

12541324

87110137

46442486

146093947

1.0000

0.0000

12541324

87110137

46442486

146093947

1.0000

9072543

51392028

8626153

69090724

0.4729

3468781

33790358

21588236

58847375

0.4028

1927751

16228097

18155848

0.1243

12541324

87110137

46442486

146093947

1.0000

<p id="xdx_896_ecustom--ScheduleOfAgingOfInsuranceAssignmentsTableTextBlock_zBvYSK00ZkNh" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify">The following table presents the aging of insurance assignments, included in other investments and policy loans on the condensed consolidated balance sheets. Schedule of Aging of Insurance Assignments <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 70%"> <tr style="vertical-align: bottom"> <td> </td><td> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">As of March 31 2023</td><td> </td><td> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">As of December 31 2022</td><td> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 60%; text-align: left">30-59 days past due</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_984_ecustom--InsuranceAssignmentsDuringPeriod_pp0p0_c20230101__20230331__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--PastDue30To59DaysMember_zxMMvs8zzCVh" style="width: 16%; text-align: right" title="Insurance assignments during period">9,554,122</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_98F_ecustom--InsuranceAssignmentsDuringPeriod_pp0p0_c20220101__20221231__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--PastDue30To59DaysMember_zjokwIpw0EE8" style="width: 16%; text-align: right" title="Insurance assignments during period">10,621,443</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left">60-89 days past due</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98F_ecustom--InsuranceAssignmentsDuringPeriod_pp0p0_c20230101__20230331__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--PastDue60To89DaysMember_zJiOXeAD18x7" style="text-align: right" title="Insurance assignments during period">4,043,444</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98B_ecustom--InsuranceAssignmentsDuringPeriod_pp0p0_c20220101__20221231__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--PastDue60To89DaysMember_zN8Mi6FYDnKe" style="text-align: right" title="Insurance assignments during period">3,997,484</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Over 90 days past due</td><td> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_984_ecustom--InsuranceAssignmentsDuringPeriod_pp0p0_c20230101__20230331__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--OverDue90OrMoreDaysMember_fKDEp_zfPwhUn27WMa" style="border-bottom: Black 1pt solid; text-align: right" title="Insurance assignments during period">5,791,483</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98B_ecustom--InsuranceAssignmentsDuringPeriod_pp0p0_c20220101__20221231__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--OverDue90OrMoreDaysMember_fKDEp_zfx2ftZLEqs8" style="border-bottom: Black 1pt solid; text-align: right" title="Insurance assignments during period">5,813,013</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Total past due</td><td> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98F_ecustom--InsuranceAssignmentsDuringPeriod_pp0p0_c20230101__20230331__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--TotalPastDueMember_zdWxYqVjfiac" style="border-bottom: Black 1pt solid; text-align: right" title="Insurance assignments during period">19,389,049</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_984_ecustom--InsuranceAssignmentsDuringPeriod_pp0p0_c20220101__20221231__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--TotalPastDueMember_zi19XEoJ6tnb" style="border-bottom: Black 1pt solid; text-align: right" title="Insurance assignments during period">20,431,941</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td>Current</td><td> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_989_ecustom--InsuranceAssignmentsDuringPeriod_pp0p0_c20230101__20230331__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--CurrentMember_ztuPJIqXucT3" style="border-bottom: Black 1pt solid; text-align: right" title="Insurance assignments during period">26,184,781</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_982_ecustom--InsuranceAssignmentsDuringPeriod_pp0p0_c20220101__20221231__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--CurrentMember_zrZEf8Yhjkc7" style="border-bottom: Black 1pt solid; text-align: right" title="Insurance assignments during period">26,510,594</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Total insurance assignments</td><td> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98D_ecustom--InsuranceAssignmentsDuringPeriod_pp0p0_c20230101__20230331__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--InsuranceAssignmentsMember_zBRJl6EihnL2" style="border-bottom: Black 1pt solid; text-align: right" title="Insurance assignments during period">45,573,831</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_987_ecustom--InsuranceAssignmentsDuringPeriod_pp0p0_c20220101__20221231__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--InsuranceAssignmentsMember_zYyGX6EnQao1" style="border-bottom: Black 1pt solid; text-align: right" title="Insurance assignments during period">46,942,536</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Allowance for credit losses</td><td> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98C_eus-gaap--AllowanceForDoubtfulAccountsPremiumsAndOtherReceivables_iNI_pp0p0_di_c20230331_zSWYKonMBnL4" style="border-bottom: Black 1pt solid; text-align: right" title="Insurance assignments, allowance for credit losses">(1,685,901</td><td style="text-align: left">)</td><td> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_984_eus-gaap--AllowanceForDoubtfulAccountsPremiumsAndOtherReceivables_iNI_pp0p0_di_c20221231_zKrfpZu8ZIL7" style="border-bottom: Black 1pt solid; text-align: right" title="Insurance assignments, allowance for loan losses">(1,609,951</td><td style="text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Net insurance assignments</td><td> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98A_ecustom--InsuranceAssignmentsDuringPeriod_pp0p0_c20230101__20230331__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--NetInsuranceAssignmentsMember_z0N5eRoNFrZk" style="border-bottom: Black 2.5pt double; text-align: right" title="Insurance assignments during period">43,887,930</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98C_ecustom--InsuranceAssignmentsDuringPeriod_pp0p0_c20220101__20221231__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--NetInsuranceAssignmentsMember_z93LqFp6mCVk" style="border-bottom: Black 2.5pt double; text-align: right" title="Insurance assignments during period">45,332,585</td><td style="text-align: left"> </td></tr> </table> 9554122 10621443 4043444 3997484 5791483 5813013 19389049 20431941 26184781 26510594 45573831 46942536

1685901

1609951

43887930 45332585 <p id="xdx_89B_ecustom--ScheduleOfAllowanceForCreditLossesTableTextBlock_zxaBxitz6Of2" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify">The following table presents a roll forward of the allowance for credit losses as a contra-asset account for insurance assignments. Schedule of Allowance for Credit Losses <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 70%"> <tr style="vertical-align: bottom"> <td> </td><td> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Allowance</td><td> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 78%">Beginning balance - January 1, 2023</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_981_eus-gaap--AllowanceForDoubtfulAccountsPremiumsAndOtherReceivables_iS_pp0p0_c20230101__20230331_zm20D2zHkVK" style="width: 18%; text-align: right" title="Financing Receivable, Allowance for Credit Loss, Beginning">1,609,951</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-left: 10pt; text-align: left">Change in provision for credit losses</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98D_ecustom--AllowanceForCreditLossesPremiumsAndOtherReceivablesChangeInProvision_pdp0_c20230101__20230331__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember_zEVq9EAb64z2" style="text-align: right" title="Allowance for credit losses, change in provision">233,113</td><td style="text-align: left">(1)</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 10pt">Charge-offs</td><td> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_988_ecustom--AllowanceForCreditLossesPremiumsAndOtherReceivablesChargeOffs_iN_pdp0_di_c20230101__20230331__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember_zffQPHdRYiN3" style="border-bottom: Black 1pt solid; text-align: right" title="Allowance for credit losses, Charge-offs">(157,163</td><td style="text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td>Ending balance - March 31, 2023</td><td> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98F_eus-gaap--AllowanceForDoubtfulAccountsPremiumsAndOtherReceivables_iE_pp0p0_c20230101__20230331_zKpdFNhfxXl5" style="border-bottom: Black 2.5pt double; text-align: right" title="Financing Receivable, Allowance for Credit Loss, Ending">1,685,901</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td>Beginning balance - January 1, 2022</td><td> </td> <td style="text-align: left">$</td><td id="xdx_989_eus-gaap--AllowanceForDoubtfulAccountsPremiumsAndOtherReceivables_iS_pp0p0_c20220101__20221231_z88GBHUVTgr8" style="text-align: right" title="Financing Receivable, Allowance for Credit Loss, Beginning">1,686,218</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 10pt; text-align: left">Change in provision for credit losses</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98B_ecustom--AllowanceForCreditLossesPremiumsAndOtherReceivablesChangeInProvision_pdp0_c20220101__20221231__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember_zuxX8E3dThri" style="text-align: right" title="Allowance for credit losses, change in provision">889,480</td><td style="text-align: left">(1)</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-left: 10pt">Charge-offs</td><td> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_982_ecustom--AllowanceForCreditLossesPremiumsAndOtherReceivablesChargeOffs_iN_pdp0_di_c20220101__20221231__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember_znVSuOD9qsH6" style="border-bottom: Black 1pt solid; text-align: right" title="Allowance for credit losses, Charge-offs">(965,747</td><td style="text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td>Ending balance - December 31, 2022</td><td> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_987_eus-gaap--AllowanceForDoubtfulAccountsPremiumsAndOtherReceivables_iE_pp0p0_c20220101__20221231_z6xkqoZsFWze" style="border-bottom: Black 2.5pt double; text-align: right" title="Financing Receivable, Allowance for Credit Loss, Ending">1,609,951</td><td style="text-align: left"> </td></tr> </table> <div style="margin-top: 0pt; margin-bottom: 0pt; width: 25%"><div style="border-top: Black 1pt solid; font-size: 1pt"> </div></div> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in">(1) </td> <td style="font: 10pt Times New Roman, Times, Serif">Included in other expenses on the condensed consolidated statements of earnings</td></tr> </table>

1609951

233113 157163

1685901

1686218

889480 965747

1609951

The following table presents the realized gains and losses from sales, calls, and maturities, and unrealized gains and losses on equity securities from investments and other assets. Schedule of Gain (Loss) on Investments <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 80%"> <tr style="display: none; vertical-align: bottom"> <td> </td><td> </td> <td colspan="2" id="xdx_496_20230101__20230331_zWB0WMn9do6g" style="border-bottom: Black 1pt solid; text-align: center">2023</td><td> </td><td> </td> <td colspan="2" id="xdx_498_20220101__20220331_z9dC9EQESOVh" style="border-bottom: Black 1pt solid; text-align: center">2022</td><td> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td> </td> <td colspan="6" style="border-bottom: Black 1pt solid; text-align: center">Three Months Ended March 31</td><td> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">2023</td><td> </td><td> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">2022</td><td> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Fixed maturity securities:</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr id="xdx_407_eus-gaap--DebtSecuritiesAvailableForSaleRealizedGain_hus-gaap--InvestmentTypeAxis__custom--FixedMaturitySecuritiesMember_zhSudUmGH5O3" style="vertical-align: bottom; background-color: White"> <td style="padding-left: 10pt; width: 60%; text-align: left">Gross realized gains</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 16%; text-align: right">15,491</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 16%; text-align: right">46,123</td><td style="width: 1%; text-align: left"> </td></tr> <tr id="xdx_40E_eus-gaap--DebtSecuritiesAvailableForSaleRealizedLoss_iN_di_hus-gaap--InvestmentTypeAxis__custom--FixedMaturitySecuritiesMember_zjX2zTmfrOdk" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 10pt; text-align: left">Gross realized losses</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(54,891</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(930</td><td style="text-align: left">)</td></tr> <tr id="xdx_406_eus-gaap--DebtSecuritiesAvailableForSaleAllowanceForCreditLossPeriodIncreaseDecrease_iN_di_hus-gaap--InvestmentTypeAxis__custom--FixedMaturitySecuritiesMember_zIuJ8GYXtNJl" style="vertical-align: bottom; background-color: White"> <td style="padding-left: 10pt; text-align: left">Net credit loss (provision) release</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(179,500</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: justify">Equity securities:</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr id="xdx_400_eus-gaap--EquitySecuritiesFvNiRealizedGainLoss_hus-gaap--InvestmentTypeAxis__custom--EquitySecuritiesOneMember_zvUiIqGnKs2" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 10pt; text-align: left">Gains (losses) on securities sold</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(52,315</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(10,279</td><td style="text-align: left">)</td></tr> <tr id="xdx_401_eus-gaap--EquitySecuritiesFvNiUnrealizedGainLoss_hus-gaap--InvestmentTypeAxis__custom--EquitySecuritiesOneMember_zCBu39uxXPMh" style="vertical-align: bottom; background-color: White"> <td style="padding-left: 10pt; text-align: left">Unrealized gains and (losses) on securities held at the end of the period</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">331,430</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(607,047</td><td style="text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: justify">Real estate held for investment and sale:</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr id="xdx_403_ecustom--GrossRealizedGains_hus-gaap--InvestmentTypeAxis__custom--RealEstateHeldForInvestmentAndSaleMember_zxKZfMCeYq7k" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 10pt; text-align: left">Gross realized gains</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">385,366</td><td style="text-align: left"> </td></tr> <tr id="xdx_40B_ecustom--GrossRealizedLosses_hus-gaap--InvestmentTypeAxis__custom--RealEstateHeldForInvestmentAndSaleMember_zIiuE9RbSwTg" style="vertical-align: bottom; background-color: White"> <td style="padding-left: 10pt; text-align: left">Gross realized losses</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(94,400</td><td style="text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: justify">Other assets, including call and put option derivatives:</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr id="xdx_400_ecustom--GrossRealizedGains_hus-gaap--InvestmentTypeAxis__custom--OtherAssetsIncludingCallAndPutOptionDerivativesMember_zOSCf2WiwPNg" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 10pt; text-align: left">Gross realized gains</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">50,939</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">453,142</td><td style="text-align: left"> </td></tr> <tr id="xdx_407_ecustom--GrossRealizedLosses_hus-gaap--InvestmentTypeAxis__custom--OtherAssetsIncludingCallAndPutOptionDerivativesMember_zBLRfDQaWXL8" style="vertical-align: bottom; background-color: White"> <td style="padding-left: 10pt; text-align: left">Gross realized losses</td><td> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">-</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">-</td><td style="text-align: left"> </td></tr> <tr id="xdx_40E_ecustom--GainLossOnInvestmentsAndOtherAssets_iT_zhTZ5lNx6Om1" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 20pt">Total</td><td> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">111,154</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">171,975</td><td style="text-align: left"> </td></tr> </table>

15491

46123

54891

930

179500

-52315

-10279

331430

-607047

385366 -94400 50939 453142 111154 171975 53931 275741 4012732 2636216 140507 123037 8487656 7960178 3364924 3040033 200213 306282 4768203 5396987 129056 70645 787762 75301 21891053 19608679

4116170

4414373

17774883

15194306

633527

476708

Accrued investment income consists of the following: Schedule of Accrued Investment Income <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 70%"> <tr style="vertical-align: bottom"> <td> </td><td> </td> <td colspan="2" id="xdx_498_20230331_zr0RdbpGbnZ3" style="border-bottom: Black 1pt solid; text-align: center">As of March 31 2023</td><td> </td><td> </td> <td colspan="2" id="xdx_499_20221231_zPCEPJY1P1ja" style="border-bottom: Black 1pt solid; text-align: center">As of December 31 2022</td><td> </td></tr> <tr id="xdx_40C_eus-gaap--AccruedInvestmentIncomeReceivable_iI_hus-gaap--FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis__custom--FixedMaturitySecuritiesAvailableForSaleMember_zcQcwnAkiyx" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 60%; text-align: left">Fixed maturity securities available for sale</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 16%; text-align: right">3,841,931</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 16%; text-align: right">3,563,767</td><td style="width: 1%; text-align: left"> </td></tr> <tr id="xdx_400_eus-gaap--AccruedInvestmentIncomeReceivable_iI_hus-gaap--FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis__us-gaap--EquitySecuritiesMember_zjRP9ySq9n7k" style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Equity securities</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">18,362</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">14,496</td><td style="text-align: left"> </td></tr> <tr id="xdx_405_eus-gaap--AccruedInvestmentIncomeReceivable_iI_hus-gaap--FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis__custom--MortgageLoansHeldForInvestmentMember_zfImNaUFB0B5" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Mortgage loans held for investment</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">2,710,149</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">3,220,709</td><td style="text-align: left"> </td></tr> <tr id="xdx_407_eus-gaap--AccruedInvestmentIncomeReceivable_iI_hus-gaap--FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis__custom--RealEstateHeldForInvestmentMember_ze7dGgbA3lwb" style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Real estate held for investment</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">2,809,671</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">3,455,305</td><td style="text-align: left"> </td></tr> <tr id="xdx_403_eus-gaap--AccruedInvestmentIncomeReceivable_iI_hus-gaap--FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis__us-gaap--PolicyLoansMember_z1dRH3jsODb5" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Policy Loans</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">45,221</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">37,951</td><td style="text-align: left"> </td></tr> <tr id="xdx_401_eus-gaap--AccruedInvestmentIncomeReceivable_iI_hus-gaap--FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis__us-gaap--CashAndCashEquivalentsMember_zLqMkq6myrUh" style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Cash and cash equivalents</td><td> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">1,905</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">7,598</td><td style="text-align: left"> </td></tr> <tr id="xdx_407_eus-gaap--AccruedInvestmentIncomeReceivable_iI_z0o71FgJsXvc" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Total accrued investment income</td><td> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">9,427,239</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">10,299,826</td><td style="text-align: left"> </td></tr> </table>

3841931

3563767

18362

14496

2710149

3220709

2809671

3455305

45221

37951

1905

7598

9427239

10299826

4) Loans Held for Sale The Company has elected the fair value option for loans held for sale. Changes in the fair value of the loans are included in mortgage fee income. Interest income is recorded based on the contractual terms of the loan and in accordance with the Company’s policy on mortgage loans held for investment and is included in mortgage fee income on the condensed consolidated statement of earnings. See Note 8 to the condensed consolidated financial statements for additional disclosures regarding loans held for sale. <p id="xdx_898_ecustom--AggregateFairValueLoansHeldForSaleScheduleTableTextBlock_zICrNZvDZYT4" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify">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 <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 70%"> <tr style="display: none; vertical-align: bottom; background-color: White"> <td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_49E_20230331_zsH5CqD4CLu9" style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_494_20221231_zNxQXHyWmAWi" style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">As of March 31 2023</td><td> </td><td> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">As of December 31 2022</td><td> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td> </td> <td colspan="2"> </td><td> </td><td> </td> <td colspan="2"> </td><td> </td></tr> <tr id="xdx_404_ecustom--AggregateFairValueLoansHeldForSale_iI_pp0p0" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 60%">Aggregate fair value</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 16%; text-align: right">173,015,404</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 16%; text-align: right">141,179,620</td><td style="width: 1%; text-align: left"> </td></tr> <tr id="xdx_402_ecustom--AggregateUnpaidPrincipalBalanceLoansHeldForSale_iI_pp0p0" style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Unpaid principal balance</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">172,407,557</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">141,337,811</td><td style="text-align: left"> </td></tr> <tr id="xdx_400_ecustom--UnrealizedGainLoansHeldForSale_iI_pp0p0" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Unrealized gain (loss)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">607,847</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(158,191</td><td style="text-align: left">)</td></tr> </table> Mortgage Fee Income Mortgage fee income consists of origination fees, processing fees, interest income and certain other income related to the origination and sale of mortgage loans held for sale. <p id="xdx_892_ecustom--ScheduleOfMortgageFeeIncomeForLoansHeldForSaleTextBlock_zMwSVdhSQPa" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify">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 <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 70%"> <tr style="display: none; vertical-align: bottom; background-color: White"> <td style="text-align: justify"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_494_20230101__20230331_zfNlobolICEl" style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_493_20220101__20220331_zZb0ZuUoimr2" style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td> </td> <td colspan="6" style="border-bottom: Black 1pt solid; text-align: center">Three Months Ended March 31</td><td> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">2023</td><td> </td><td> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">2022</td><td> </td></tr> <tr id="xdx_40A_ecustom--LoanFees_z3SNLHdjuedj" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 60%; text-align: justify">Loan fees</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 16%; text-align: right">4,388,414</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 16%; text-align: right">7,087,182</td><td style="width: 1%; text-align: left"> </td></tr> <tr id="xdx_40E_eus-gaap--InterestAndOtherIncome_z7NBCd8lRUQh" style="vertical-align: bottom; background-color: White"> <td style="text-align: justify">Interest income</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">2,007,058</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">2,031,869</td><td style="text-align: left"> </td></tr> <tr id="xdx_40A_ecustom--SecondaryGains_zbUb6u0Fgv1d" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: justify">Secondary gains</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">17,961,358</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">39,602,614</td><td style="text-align: left"> </td></tr> <tr id="xdx_407_ecustom--ChangeInFairValueOfLoanCommitments_zHesE1D0qSJ6" style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Change in fair value of loan commitments</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">677,952</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">2,675,371</td><td style="text-align: left"> </td></tr> <tr id="xdx_402_ecustom--ChangeInFairValueOfLoanHeldForSale_zbvmmoNmDzw2" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Change in fair value of loans held for sale</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">794,614</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(2,746,565</td><td style="text-align: left">)</td></tr> <tr id="xdx_401_ecustom--ProvisionForLoanLossReserve_iN_di_zedDJStszmhb" style="vertical-align: bottom; background-color: White"> <td style="text-align: justify">Provision for loan loss reserve</td><td> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">159,610</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">(306,026</td><td style="text-align: left">)</td></tr> <tr id="xdx_40D_ecustom--MortgageFeeIncome_zUlbq188E0t6" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: justify">Mortgage fee income</td><td> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">25,989,006</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">48,344,445</td><td style="text-align: left"> </td></tr> </table> Loan Loss Reserve Repurchase demands from third party investors that correspond to mortgage loans previously held for sale and sold are reviewed and relevant data is captured so that an estimated future loss can be calculated. The key factors that are used in the estimated future loss calculation are as follows: (i) lien position, (ii) payment status, (iii) claim type, (iv) unpaid principal balance, (v) interest rate, and (vi) validity of the demand. Other data is captured and is useful for management purposes; the actual estimated loss is generally based on these key factors. The Company conducts its own review upon the receipt of a repurchase demand. In many instances, the Company is able to resolve the issues relating to the repurchase demand by the third-party investor without having to make any payments to the investor. SECURITY NATIONAL FINANCIAL CORPORATION AND SUBSIDIARIES Notes to Condensed Consolidated Financial Statements March 31, 2023 (Unaudited) 4) Loans Held for Sale (Continued) <p id="xdx_893_ecustom--ScheduleOfLoanLossReserveWhichIsIncludedInOtherLiabilitiesAndAccruedExpensesTextBlock_zZifRwqRkPD6" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify">The loan loss reserve, which is included in other liabilities and accrued expenses, is summarized as follows: Summary of Loan Loss Reserve Included in Other Liabilities and Accrued Expenses <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 70%"> <tr style="vertical-align: bottom"> <td> </td><td> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">As of March 31 2023</td><td> </td><td> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">As of December 31 2022</td><td> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 60%">Balance, beginning of period</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_980_ecustom--BeginningLoanLossReserve_iS_c20230101__20230331_zWuooK2JOU13" style="width: 16%; text-align: right" title="Balance, beginning of period">1,725,667</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_98C_ecustom--BeginningLoanLossReserve_iS_c20220101__20221231_zpRD13tNEgyg" style="width: 16%; text-align: right" title="Balance, beginning of period">2,447,139</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Provision on current loan originations (1)</td><td> </td> <td style="text-align: left"> </td><td id="xdx_982_ecustom--LoanLossReserveProvisionsForLoss_c20230101__20230331_fKDEp_z7BgSq0RoJS8" style="text-align: right" title="Provision on current loan originations">239,801</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_987_ecustom--LoanLossReserveProvisionsForLoss_c20220101__20221231_fKDEp_zkTXC3IpLmJk" style="text-align: right" title="Provision on current loan originations">1,078,812</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Charge-offs, net of recaptured amounts</td><td> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_989_ecustom--LoanLossReserveChargeOffs_c20230101__20230331_zjx2eLJEmkl4" style="border-bottom: Black 1pt solid; text-align: right" title="Charge-offs, net of recaptured amounts">(632,783</td><td style="text-align: left">)</td><td> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_983_ecustom--LoanLossReserveChargeOffs_c20220101__20221231_z4aNwyjXcXs6" style="border-bottom: Black 1pt solid; text-align: right" title="Charge-offs, net of recaptured amounts">(1,800,284</td><td style="text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td>Balance, end of period</td><td> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_982_ecustom--EndingLoanLossReserve_iE_c20230101__20230331_zqAcAnbH5jtf" style="border-bottom: Black 2.5pt double; text-align: right" title="Balance, end of period">1,332,685</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98A_ecustom--EndingLoanLossReserve_iE_c20220101__20221231_z5yo9Pasnyih" style="border-bottom: Black 2.5pt double; text-align: right" title="Balance, end of period">1,725,667</td><td style="text-align: left"> </td></tr> </table> <div style="margin-top: 0pt; margin-bottom: 0pt; width: 25%"><div style="border-top: Black 1pt solid; font-size: 1pt"> </div></div> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in">(1) </td> <td style="font: 10pt Times New Roman, Times, Serif">Included in mortgage fee income</td></tr> </table> The Company maintains reserves for estimated losses on current production volumes. For the three month period ended March 31, 2023, $239,801 in reserves were added at a rate of 4.5 basis points per loan, the equivalent of $450 per $1,000,000 in loans originated. This is an increase over the three month period ended March 31, 2022, when reserves of $306,026 were added at a rate of 2.9 basis points per loan originated, the equivalent of $290 per $1,000,000 in loans originated. The Company will continue to monitor data and economic conditions in order to maintain adequate loss reserves on current production. Thus, the Company believes that the final loan loss reserve as of March 31, 2023, represents its best estimate for adequate loss reserves on loans sold. SECURITY NATIONAL FINANCIAL CORPORATION AND SUBSIDIARIES Notes to Condensed Consolidated Financial Statements March 31, 2023 (Unaudited) <p id="xdx_898_ecustom--AggregateFairValueLoansHeldForSaleScheduleTableTextBlock_zICrNZvDZYT4" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify">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 <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 70%"> <tr style="display: none; vertical-align: bottom; background-color: White"> <td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_49E_20230331_zsH5CqD4CLu9" style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_494_20221231_zNxQXHyWmAWi" style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">As of March 31 2023</td><td> </td><td> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">As of December 31 2022</td><td> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td> </td> <td colspan="2"> </td><td> </td><td> </td> <td colspan="2"> </td><td> </td></tr> <tr id="xdx_404_ecustom--AggregateFairValueLoansHeldForSale_iI_pp0p0" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 60%">Aggregate fair value</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 16%; text-align: right">173,015,404</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 16%; text-align: right">141,179,620</td><td style="width: 1%; text-align: left"> </td></tr> <tr id="xdx_402_ecustom--AggregateUnpaidPrincipalBalanceLoansHeldForSale_iI_pp0p0" style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Unpaid principal balance</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">172,407,557</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">141,337,811</td><td style="text-align: left"> </td></tr> <tr id="xdx_400_ecustom--UnrealizedGainLoansHeldForSale_iI_pp0p0" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Unrealized gain (loss)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">607,847</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(158,191</td><td style="text-align: left">)</td></tr> </table> 173015404 141179620 172407557 141337811 607847 -158191 <p id="xdx_892_ecustom--ScheduleOfMortgageFeeIncomeForLoansHeldForSaleTextBlock_zMwSVdhSQPa" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify">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 <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 70%"> <tr style="display: none; vertical-align: bottom; background-color: White"> <td style="text-align: justify"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_494_20230101__20230331_zfNlobolICEl" style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_493_20220101__20220331_zZb0ZuUoimr2" style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td> </td> <td colspan="6" style="border-bottom: Black 1pt solid; text-align: center">Three Months Ended March 31</td><td> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">2023</td><td> </td><td> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">2022</td><td> </td></tr> <tr id="xdx_40A_ecustom--LoanFees_z3SNLHdjuedj" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 60%; text-align: justify">Loan fees</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 16%; text-align: right">4,388,414</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 16%; text-align: right">7,087,182</td><td style="width: 1%; text-align: left"> </td></tr> <tr id="xdx_40E_eus-gaap--InterestAndOtherIncome_z7NBCd8lRUQh" style="vertical-align: bottom; background-color: White"> <td style="text-align: justify">Interest income</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">2,007,058</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">2,031,869</td><td style="text-align: left"> </td></tr> <tr id="xdx_40A_ecustom--SecondaryGains_zbUb6u0Fgv1d" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: justify">Secondary gains</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">17,961,358</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">39,602,614</td><td style="text-align: left"> </td></tr> <tr id="xdx_407_ecustom--ChangeInFairValueOfLoanCommitments_zHesE1D0qSJ6" style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Change in fair value of loan commitments</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">677,952</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">2,675,371</td><td style="text-align: left"> </td></tr> <tr id="xdx_402_ecustom--ChangeInFairValueOfLoanHeldForSale_zbvmmoNmDzw2" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Change in fair value of loans held for sale</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">794,614</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(2,746,565</td><td style="text-align: left">)</td></tr> <tr id="xdx_401_ecustom--ProvisionForLoanLossReserve_iN_di_zedDJStszmhb" style="vertical-align: bottom; background-color: White"> <td style="text-align: justify">Provision for loan loss reserve</td><td> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">159,610</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">(306,026</td><td style="text-align: left">)</td></tr> <tr id="xdx_40D_ecustom--MortgageFeeIncome_zUlbq188E0t6" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: justify">Mortgage fee income</td><td> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">25,989,006</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">48,344,445</td><td style="text-align: left"> </td></tr> </table> 4388414 7087182

2007058

2031869

17961358 39602614 677952 2675371 794614 -2746565 -159610 306026 25989006 48344445 <p id="xdx_893_ecustom--ScheduleOfLoanLossReserveWhichIsIncludedInOtherLiabilitiesAndAccruedExpensesTextBlock_zZifRwqRkPD6" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify">The loan loss reserve, which is included in other liabilities and accrued expenses, is summarized as follows: Summary of Loan Loss Reserve Included in Other Liabilities and Accrued Expenses <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 70%"> <tr style="vertical-align: bottom"> <td> </td><td> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">As of March 31 2023</td><td> </td><td> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">As of December 31 2022</td><td> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 60%">Balance, beginning of period</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_980_ecustom--BeginningLoanLossReserve_iS_c20230101__20230331_zWuooK2JOU13" style="width: 16%; text-align: right" title="Balance, beginning of period">1,725,667</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_98C_ecustom--BeginningLoanLossReserve_iS_c20220101__20221231_zpRD13tNEgyg" style="width: 16%; text-align: right" title="Balance, beginning of period">2,447,139</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Provision on current loan originations (1)</td><td> </td> <td style="text-align: left"> </td><td id="xdx_982_ecustom--LoanLossReserveProvisionsForLoss_c20230101__20230331_fKDEp_z7BgSq0RoJS8" style="text-align: right" title="Provision on current loan originations">239,801</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_987_ecustom--LoanLossReserveProvisionsForLoss_c20220101__20221231_fKDEp_zkTXC3IpLmJk" style="text-align: right" title="Provision on current loan originations">1,078,812</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Charge-offs, net of recaptured amounts</td><td> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_989_ecustom--LoanLossReserveChargeOffs_c20230101__20230331_zjx2eLJEmkl4" style="border-bottom: Black 1pt solid; text-align: right" title="Charge-offs, net of recaptured amounts">(632,783</td><td style="text-align: left">)</td><td> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_983_ecustom--LoanLossReserveChargeOffs_c20220101__20221231_z4aNwyjXcXs6" style="border-bottom: Black 1pt solid; text-align: right" title="Charge-offs, net of recaptured amounts">(1,800,284</td><td style="text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td>Balance, end of period</td><td> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_982_ecustom--EndingLoanLossReserve_iE_c20230101__20230331_zqAcAnbH5jtf" style="border-bottom: Black 2.5pt double; text-align: right" title="Balance, end of period">1,332,685</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98A_ecustom--EndingLoanLossReserve_iE_c20220101__20221231_z5yo9Pasnyih" style="border-bottom: Black 2.5pt double; text-align: right" title="Balance, end of period">1,725,667</td><td style="text-align: left"> </td></tr> </table> <div style="margin-top: 0pt; margin-bottom: 0pt; width: 25%"><div style="border-top: Black 1pt solid; font-size: 1pt"> </div></div> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in">(1) </td> <td style="font: 10pt Times New Roman, Times, Serif">Included in mortgage fee income</td></tr> </table> 1725667 2447139 239801 1078812 -632783 -1800284 1332685 1725667 239801 450 1000000 306026 290 1000000

<p id="xdx_804_eus-gaap--DisclosureOfCompensationRelatedCostsShareBasedPaymentsTextBlock_zdvHMhxdTaY4" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify">5) Stock Compensation Plans The Company has three fixed option plans (the “2013 Plan”, the “2014 Director Plan” and the “2022 Equity Incentive Plan”). Stock Options Stock based compensation expense for stock options issued of $142,929 and $271,747 has been recognized for these plans for the three month periods ended March 31, 2023, and 2022, respectively, and is included in personnel expenses on the condensed consolidated statements of earnings. As of March 31, 2023, the total unrecognized compensation expense related to the options issued was $390,702, which is expected to be recognized over the vesting period. The fair value of each option granted is estimated on the date of grant using the Black Scholes Option Pricing Model. The Company estimates the expected life of the options using the simplified method. Future volatility is estimated based upon the weighted historical volatility of the Company’s Class A common stock over a period equal to the expected life of the options. The risk-free interest rate for the expected life of the options is based upon the Federal Reserve Board’s daily interest rates in effect at the time of the grant. <p id="xdx_893_eus-gaap--ScheduleOfShareBasedCompensationStockOptionsActivityTableTextBlock_z5g3SAd5df21" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify">Activity of the stock option plans during the three month period ended March 31, 2023, is summarized as follows: Schedule of Activity of Stock Option Plans <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 80%"> <tr style="vertical-align: bottom"> <td> </td><td> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Number of Class A Shares</td><td> </td><td> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Weighted Average Exercise Price</td><td> </td><td> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Number of Class C Shares</td><td> </td><td> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Weighted Average Exercise Price</td><td> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td> </td> <td colspan="2"> </td><td> </td><td> </td> <td colspan="2"> </td><td> </td><td> </td> <td colspan="2"> </td><td> </td><td> </td> <td colspan="2"> </td><td> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 44%">Outstanding at January 1, 2023</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td id="xdx_98E_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber_iS_c20230101__20230331__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_zM036ksPVMba" style="width: 10%; text-align: right" title="Number of shares, outstanding, beginning">976,605</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_980_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice_iS_c20230101__20230331__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_z9eQA1XFTQj2" style="width: 10%; text-align: right" title="Weighted average exercise price, outstanding, beginning">4.78</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td id="xdx_986_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber_iS_c20230101__20230331__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassCMember_znHsZZTqMtue" style="width: 10%; text-align: right" title="Number of shares, outstanding, beginning">1,157,203</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_988_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice_iS_c20230101__20230331__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassCMember_zGxD5VopcIKj" style="width: 10%; text-align: right" title="Weighted average exercise price, outstanding, beginning">5.59</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td>Granted</td><td> </td> <td style="text-align: left"> </td><td id="xdx_986_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross_c20230101__20230331__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_zXeIcpJVc4md" style="text-align: right" title="Number of shares, granted">16,000</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98E_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross_c20230101__20230331__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassCMember_zPsM1yPl7g8e" style="text-align: right" title="Number of shares, granted">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td>Exercised</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98C_eus-gaap--StockIssuedDuringPeriodSharesStockOptionsExercised_iN_di_c20230101__20230331__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_zBb2m5wZWWo" style="text-align: right" title="Number of shares, exercised">(90,705</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98A_eus-gaap--StockIssuedDuringPeriodSharesStockOptionsExercised_iN_di_c20230101__20230331__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassCMember_zH41sQ6ddD45" style="text-align: right" title="Number of shares, exercised">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td>Cancelled</td><td> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_981_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpirationsInPeriod_iN_di_c20230101__20230331__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_zM4VwkzakdOe" style="border-bottom: Black 1pt solid; text-align: right" title="Number of shares, cancelled">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_981_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpirationsInPeriod_iN_di_c20230101__20230331__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassCMember_zk1kjsMThjk5" style="border-bottom: Black 1pt solid; text-align: right" title="Number of shares, cancelled">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td>Outstanding at March 31, 2023</td><td> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td><td id="xdx_98B_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber_iE_c20230101__20230331__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_zh7bou6lumIj" style="border-bottom: Black 2.5pt double; text-align: right" title="Number of shares, outstanding, beginning">901,900</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td id="xdx_986_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice_iE_c20230101__20230331__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_zGk3gMHHOpW7" style="text-align: right">4.92</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td><td id="xdx_989_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber_iE_c20230101__20230331__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassCMember_zdTRAXzXLKL" style="border-bottom: Black 2.5pt double; text-align: right" title="Number of shares, outstanding, beginning">1,157,203</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td id="xdx_980_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice_iE_c20230101__20230331__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassCMember_zc1MxpSCIwbb" style="text-align: right" title="Weighted average exercise price, outstanding, Ending">5.59</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td>As of March 31, 2023:</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Options exercisable</td><td> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td><td id="xdx_98D_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber_iI_c20230331__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_zb3bEiobjT3e" style="border-bottom: Black 2.5pt double; text-align: right" title="Number of shares, options exercisable">827,025</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td id="xdx_98F_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice_iE_c20230101__20230331__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_zhrHfUsTePN2" style="text-align: right" title="Weighted average exercise price, options exercisable">4.76</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td><td id="xdx_987_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber_iI_c20230331__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassCMember_z5LULitVDeg" style="border-bottom: Black 2.5pt double; text-align: right" title="Number of shares, options exercisable">935,953</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td id="xdx_982_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice_iE_c20230101__20230331__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassCMember_zOLY0nik95fg" style="text-align: right" title="Weighted average exercise price, options exercisable">5.36</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td>As of March 31, 2023:</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Available options for future grant</td><td> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td><td id="xdx_98F_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant_iI_c20230331__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_zt6kE1d04HSf" style="border-bottom: Black 2.5pt double; text-align: right" title="Number of shares, available options for future grant">155,133</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td><td id="xdx_989_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant_iI_c20230331__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassCMember_zFVZ3O5Q241d" style="border-bottom: Black 2.5pt double; text-align: right" title="Number of shares, available options for future grant">795,000</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td>Weighted average contractual term of options outstanding at March 31, 2023</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"><span id="xdx_904_eus-gaap--SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2_dtY_c20230101__20230331__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_zrH8CcXchex3" title="Weighted average contractual term of options outstanding">4.60 years</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"><span id="xdx_902_eus-gaap--SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2_dtY_c20230101__20230331__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassCMember_zQEyz0vwe383" title="Weighted average contractual term of options outstanding">6.66 years</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td>Weighted average contractual term of options exercisable at March 31, 2023</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"><span id="xdx_900_eus-gaap--SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1_dtY_c20230101__20230331__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_zL5teyzWwEL8" title="Weighted average contractual term of options exercisable">4.14 years</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"><span id="xdx_904_eus-gaap--SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1_dtY_c20230101__20230331__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassCMember_zYehU7Nu1Xqf" title="Weighted average contractual term of options exercisable">6.20 years</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td>Aggregated intrinsic value of options outstanding at March 31, 2023 (1)</td><td> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_983_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue_iI_c20230331__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_fKDEp_zX1CeTtlGcw1" style="border-bottom: Black 2.5pt double; text-align: right" title="Aggregated intrinsic value of options outstanding">1,182,602</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98B_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue_iI_c20230331__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassCMember_fKDEp_ztZ5bOSXetye" style="border-bottom: Black 2.5pt double; text-align: right" title="Aggregated intrinsic value of options outstanding">741,380</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td>Aggregated intrinsic value of options exercisable at March 31, 2023 (1)</td><td> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_985_eus-gaap--SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1_iI_c20230331__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_fKDEp_znCaNdachR0h" style="border-bottom: Black 2.5pt double; text-align: right" title="Aggregated intrinsic value of options exercisable">1,214,210</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_981_eus-gaap--SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1_iI_c20230331__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassCMember_fKDEp_zawHMUX4hvu3" style="border-bottom: Black 2.5pt double; text-align: right" title="Aggregated intrinsic value of options exercisable">812,293</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> </table> <div style="margin-top: 0pt; margin-bottom: 0pt; width: 25%"><div style="border-top: Black 1pt solid; font-size: 1pt"> </div></div> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in">(1) </td> <td style="font: 10pt Times New Roman, Times, Serif">The Company used a stock price of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNjaGVkdWxlIG9mIEFjdGl2aXR5IG9mIFN0b2NrIE9wdGlvbiBQbGFucyAoRGV0YWlscykgKFBhcmVudGhldGljYWwpAA__" id="xdx_907_eus-gaap--SharePrice_iI_pid_c20230331_zxOY8hr9AD6g" title="Stock price">6.23 as of March 31, 2023 to derive intrinsic value. </td></tr> </table> SECURITY NATIONAL FINANCIAL CORPORATION AND SUBSIDIARIES Notes to Condensed Consolidated Financial Statements March 31, 2023 (Unaudited) 5) Stock Compensation Plans (Continued) Activity of the stock option plans during the three month period ended March 31, 2022, is summarized as follows: <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: bottom"> <td> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Number of Class A Shares</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Weighted Average Exercise Price</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Number of Class C Shares</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Weighted Average Exercise Price</td><td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td> </td> <td colspan="2"> </td><td> </td><td> </td> <td colspan="2"> </td><td> </td><td> </td> <td colspan="2"> </td><td> </td><td> </td> <td colspan="2"> </td><td> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 44%">Outstanding at January 1, 2022</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td id="xdx_988_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber_iS_c20220101__20220331__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_zWbPAB6K4Q0i" style="width: 10%; text-align: right" title="Number of shares, outstanding, beginning">1,024,351</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_986_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice_iS_c20220101__20220331__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_zcxR2NShvqZk" style="width: 10%; text-align: right" title="Weighted average exercise price, outstanding, beginning">4.61</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td id="xdx_987_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber_iS_c20220101__20220331__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassCMember_z8o910cQYiQ5" style="width: 10%; text-align: right" title="Number of shares, outstanding, beginning">821,146</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_982_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice_iS_c20220101__20220331__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassCMember_zYlgTMFEpx0i" style="width: 10%; text-align: right" title="Weighted average exercise price, outstanding, beginning">5.48</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td>Granted</td><td> </td> <td style="text-align: left"> </td><td id="xdx_986_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross_c20220101__20220331__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_z0yfKVHNdXD2" style="text-align: right" title="Number of shares, granted">4,000</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98D_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross_c20220101__20220331__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassCMember_zoZ6GoDlq0Lb" style="text-align: right" title="Number of shares, granted">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td>Exercised</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98C_eus-gaap--StockIssuedDuringPeriodSharesStockOptionsExercised_iN_di_c20220101__20220331__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_zWMy4gzYkZ8h" style="text-align: right" title="Number of shares, exercised">(50,968</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_980_eus-gaap--StockIssuedDuringPeriodSharesStockOptionsExercised_iN_di_c20220101__20220331__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassCMember_zUsea833pVt9" style="text-align: right" title="Number of shares, exercised">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-bottom: 1pt">Cancelled</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_988_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpirationsInPeriod_iN_di_c20220101__20220331__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_z9flsfm41ved" style="border-bottom: Black 1pt solid; text-align: right" title="Number of shares, cancelled">-</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt; text-align: right"> </td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98A_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpirationsInPeriod_iN_di_c20220101__20220331__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassCMember_ztacgRuIawIi" style="border-bottom: Black 1pt solid; text-align: right" title="Number of shares, cancelled">-</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt; text-align: right"> </td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-bottom: 2.5pt">Outstanding at March 31, 2022</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td><td id="xdx_986_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber_iE_c20220101__20220331__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_z368A4e2mZib" style="border-bottom: Black 2.5pt double; text-align: right" title="Number of shares, outstanding, beginning">977,383</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: left">$</td><td id="xdx_98A_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice_iE_c20220101__20220331__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_zb1kebfhGNrb" style="padding-bottom: 2.5pt; text-align: right">4.77</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td><td id="xdx_981_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber_iE_c20220101__20220331__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassCMember_z41hcTL0shXk" style="border-bottom: Black 2.5pt double; text-align: right" title="Number of shares, outstanding, beginning">821,146</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: left">$</td><td id="xdx_981_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice_iE_c20220101__20220331__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassCMember_z4CzQF1IgCgh" style="padding-bottom: 2.5pt; text-align: right" title="Weighted average exercise price, outstanding, Ending">5.48</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td>As of March 31, 2022:</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 2.5pt">Options exercisable</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td><td id="xdx_988_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber_iI_c20220331__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_zijP08jsz8P1" style="border-bottom: Black 2.5pt double; text-align: right" title="Number of shares, options exercisable">906,258</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: left">$</td><td id="xdx_98C_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice_iE_c20220101__20220331__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_zJqPzdZVpqq1" style="padding-bottom: 2.5pt; text-align: right" title="Weighted average exercise price, options exercisable">4.46</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td><td id="xdx_98D_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber_iI_c20220331__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassCMember_zhoRw7Xq7xZk" style="border-bottom: Black 2.5pt double; text-align: right" title="Number of shares, options exercisable">648,646</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: left">$</td><td id="xdx_981_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice_iE_c20220101__20220331__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassCMember_zN7I0rrGIKu5" style="padding-bottom: 2.5pt; text-align: right" title="Weighted average exercise price, options exercisable">4.67</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td>As of March 31, 2022:</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 2.5pt">Available options for future grant</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td><td id="xdx_981_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant_iI_c20220331__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_zES8KdfU3k72" style="border-bottom: Black 2.5pt double; text-align: right" title="Number of shares, available options for future grant">228,376</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt; text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td><td id="xdx_98D_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant_iI_c20220331__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassCMember_zQ3cxG49nIRl" style="border-bottom: Black 2.5pt double; text-align: right" title="Number of shares, available options for future grant">16,689</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt; text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 0pt">Weighted average contractual term of options outstanding at March 31, 2022</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"><span id="xdx_90E_eus-gaap--SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2_dtY_c20220101__20220331__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_zrb1HVIb1v9j" title="Weighted average contractual term of options outstanding">4.44 years</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"><span id="xdx_90A_eus-gaap--SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2_dtY_c20220101__20220331__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassCMember_zmlMTf3z2vn3" title="Weighted average contractual term of options outstanding">7.00 years</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 0pt">Weighted average contractual term of options exercisable at March 31, 2022</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"><span id="xdx_903_eus-gaap--SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1_dtY_c20220101__20220331__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_zkehXdc55Y16" title="Weighted average contractual term of options exercisable">4.03 years</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"><span id="xdx_904_eus-gaap--SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1_dtY_c20220101__20220331__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassCMember_z7IIRvC22EO9" title="Weighted average contractual term of options exercisable">6.57 years</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 0pt; padding-bottom: 2.5pt">Aggregated intrinsic value of options outstanding at March 31, 2022 (1)</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98F_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue_iI_c20220331__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_fKDEp_zxjeK1xEMDwi" style="border-bottom: Black 2.5pt double; text-align: right" title="Aggregated intrinsic value of options outstanding">5,115,622</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt; text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_988_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue_iI_c20220331__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassCMember_fKDEp_zV9OJCZ2fmV9" style="border-bottom: Black 2.5pt double; text-align: right" title="Aggregated intrinsic value of options outstanding">3,666,085</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt; text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 0pt; padding-bottom: 2.5pt">Aggregated intrinsic value of options exercisable at March 31, 2022 (1)</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_983_eus-gaap--SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1_iI_c20220331__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_fKDEp_zF7rI940OWS9" style="border-bottom: Black 2.5pt double; text-align: right" title="Aggregated intrinsic value of options exercisable">5,017,469</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt; text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_988_eus-gaap--SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1_iI_c20220331__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassCMember_fKDEp_zRRGNSyXPuP8" style="border-bottom: Black 2.5pt double; text-align: right" title="Aggregated intrinsic value of options exercisable">3,460,285</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt; text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> <div style="width: 18%"><div style="border-top: Black 1pt solid; font-size: 1pt"> </div></div> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt; width: 100%"><tr style="vertical-align: top; text-align: justify"> <td style="width: 15pt; text-align: right">(1)</td><td style="text-align: justify">The Company used a stock price of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNjaGVkdWxlIG9mIEFjdGl2aXR5IG9mIFN0b2NrIE9wdGlvbiBQbGFucyAoRGV0YWlscykgKFBhcmVudGhldGljYWwpAA__" id="xdx_906_eus-gaap--SharePrice_iI_pid_c20220331_zBFyKmZTrr58" title="Stock price">10.00 as of March 31, 2022, which was the closing price of the Company’s Class A shares on Nasdaq for that day, to derive intrinsic value.</td> </tr></table> The total intrinsic value (which is the amount by which the fair value of the underlying stock exceeds the exercise price of an option on the exercise date) of stock options exercised during the three month periods ended March 31,2023 and 2022 was $<span id="xdx_90D_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue_c20230101__20230331_zmKze0lAFbh2" title="Intrinsic value stock options exercised">176,935 and $<span id="xdx_90D_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue_c20220101__20220331_zwLid4wRpXr" title="Intrinsic value stock options exercised">395,831, respectively. SECURITY NATIONAL FINANCIAL CORPORATION AND SUBSIDIARIES Notes to Condensed Consolidated Financial Statements March 31, 2023 (Unaudited) 5) Stock Compensation Plans (Continued) Restricted Stock Units (“RSUs”) Stock based compensation expense for RSUs issued of $<span id="xdx_908_eus-gaap--AllocatedShareBasedCompensationExpense_c20230101__20230331__us-gaap--AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareByAntidilutiveSecuritiesAxis__us-gaap--RestrictedStockUnitsRSUMember_zDTuqaoSocme" title="Share based compensation expense">742 and <span id="xdx_90B_eus-gaap--AllocatedShareBasedCompensationExpense_dxL_c20220101__20220331__us-gaap--AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareByAntidilutiveSecuritiesAxis__us-gaap--RestrictedStockUnitsRSUMember_zjSInELmtDol" title="Share based compensation expense::XDX::-">nil has been recognized under these plans for the three month periods ended March 31, 2023 and 2022, respectively, and is included in personnel expenses on the condensed consolidated statements of earnings. As of March 31, 2023, the total unrecognized compensation expense related to the RSUs issued was <span id="xdx_90C_eus-gaap--EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedStockOptions_iI_dxL_c20230331__us-gaap--AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareByAntidilutiveSecuritiesAxis__us-gaap--RestrictedStockUnitsRSUMember_za2Meu31APDl" title="Unrecognized compensation expense::XDX::-">nil. The fair value of each RSU granted is determined based on the Company’s stock price on the date of grant. Prior to December 2022, the Company did not grant any RSUs. <p id="xdx_89C_eus-gaap--ScheduleOfShareBasedCompensationRestrictedStockUnitsAwardActivityTableTextBlock_zUObYiArgp92" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify">Activity of the RSUs during the three month period ended March 31, 2023 is summarized as follows: Schedule of Activity Restricted Stock Units <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 65%"> <tr style="vertical-align: bottom"> <td> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Number of Class A Shares</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Weighted Average Grant Date Fair Value</td><td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 56%">Non-vested at January 1, 2023</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td id="xdx_98F_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber_iS_c20230101__20230331__us-gaap--AwardTypeAxis__us-gaap--RestrictedStockUnitsRSUMember__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_zF7tnl6otnnh" style="width: 18%; text-align: right" title="Non-vested Number of shares, beginning">1,620</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_987_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue_iS_c20230101__20230331__us-gaap--AwardTypeAxis__us-gaap--RestrictedStockUnitsRSUMember_zEvwvC7g6Xz4" style="width: 18%; text-align: right" title="Weighted average grant date fair value, beginning">6.48</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-left: 10pt">Granted</td><td> </td> <td style="text-align: left"> </td><td id="xdx_985_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod_c20230101__20230331__us-gaap--AwardTypeAxis__us-gaap--RestrictedStockUnitsRSUMember__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_zgqFg3A5J261" style="text-align: right" title="Non-vested Number of shares, Granted">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 10pt; padding-bottom: 1pt">Vested</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_986_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod_c20230101__20230331__us-gaap--AwardTypeAxis__us-gaap--RestrictedStockUnitsRSUMember__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_zNahE7IkcQKf" style="border-bottom: Black 1pt solid; text-align: right" title="Non-vested Number of shares, Vested">-</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt; text-align: right"> </td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-bottom: 2.5pt">Non-vested at March 31, 2023</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td><td id="xdx_985_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber_iE_c20230101__20230331__us-gaap--AwardTypeAxis__us-gaap--RestrictedStockUnitsRSUMember__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_zwYqtbDeoQhc" style="border-bottom: Black 2.5pt double; text-align: right" title="Non-vested Number of shares, ending">1,620</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: left">$</td><td id="xdx_98B_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue_iE_c20230101__20230331__us-gaap--AwardTypeAxis__us-gaap--RestrictedStockUnitsRSUMember_ztTjtEBF6Q66" style="padding-bottom: 2.5pt; text-align: right" title="Weighted average grant date fair value, ending">6.48</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 2.5pt">Available RSUs for future grant</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_989_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant_iI_c20230331__us-gaap--AwardTypeAxis__us-gaap--RestrictedStockUnitsRSUMember__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_z59g19fxVsqk" style="border-bottom: Black 2.5pt double; text-align: right" title="Number of shares, available RSUs for future grant">18,380</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt; text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-bottom: 2.5pt">Aggregated intrinsic value of RSUs outstanding at March 31, 2023 (1)</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98B_eus-gaap--SharebasedCompensationArrangementBySharebasedPaymentAwardEquityInstrumentsOtherThanOptionsAggregateIntrinsicValueOutstanding_iI_c20230331__us-gaap--AwardTypeAxis__us-gaap--RestrictedStockUnitsRSUMember__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_fKDEp_zCwLzYsYahEb" style="border-bottom: Black 2.5pt double; text-align: right" title="Aggregated intrinsic value of RSUs outstanding">-</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt; text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> <div style="width: 18%"><div style="border-top: Black 1pt solid; font-size: 1pt"> </div></div> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt; width: 100%"><tr style="vertical-align: top; text-align: justify"> <td style="width: 15pt; text-align: right">(1)</td><td style="text-align: justify">The Company used a stock price of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNjaGVkdWxlIG9mIEFjdGl2aXR5IFJlc3RyaWN0ZWQgU3RvY2sgVW5pdHMgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90F_eus-gaap--SharePrice_iI_pid_c20230331__us-gaap--AwardTypeAxis__us-gaap--RestrictedStockUnitsRSUMember_zFv54VjTvZNc" title="Stock price">6.23 as of March 31, 2023 to derive intrinsic value.</td> </tr></table> SECURITY NATIONAL FINANCIAL CORPORATION AND SUBSIDIARIES Notes to Condensed Consolidated Financial Statements March 31, 2023 (Unaudited)

142929

271747

390702

<p id="xdx_893_eus-gaap--ScheduleOfShareBasedCompensationStockOptionsActivityTableTextBlock_z5g3SAd5df21" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify">Activity of the stock option plans during the three month period ended March 31, 2023, is summarized as follows: Schedule of Activity of Stock Option Plans <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 80%"> <tr style="vertical-align: bottom"> <td> </td><td> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Number of Class A Shares</td><td> </td><td> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Weighted Average Exercise Price</td><td> </td><td> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Number of Class C Shares</td><td> </td><td> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Weighted Average Exercise Price</td><td> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td> </td> <td colspan="2"> </td><td> </td><td> </td> <td colspan="2"> </td><td> </td><td> </td> <td colspan="2"> </td><td> </td><td> </td> <td colspan="2"> </td><td> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 44%">Outstanding at January 1, 2023</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td id="xdx_98E_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber_iS_c20230101__20230331__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_zM036ksPVMba" style="width: 10%; text-align: right" title="Number of shares, outstanding, beginning">976,605</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_980_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice_iS_c20230101__20230331__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_z9eQA1XFTQj2" style="width: 10%; text-align: right" title="Weighted average exercise price, outstanding, beginning">4.78</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td id="xdx_986_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber_iS_c20230101__20230331__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassCMember_znHsZZTqMtue" style="width: 10%; text-align: right" title="Number of shares, outstanding, beginning">1,157,203</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_988_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice_iS_c20230101__20230331__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassCMember_zGxD5VopcIKj" style="width: 10%; text-align: right" title="Weighted average exercise price, outstanding, beginning">5.59</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td>Granted</td><td> </td> <td style="text-align: left"> </td><td id="xdx_986_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross_c20230101__20230331__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_zXeIcpJVc4md" style="text-align: right" title="Number of shares, granted">16,000</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98E_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross_c20230101__20230331__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassCMember_zPsM1yPl7g8e" style="text-align: right" title="Number of shares, granted">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td>Exercised</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98C_eus-gaap--StockIssuedDuringPeriodSharesStockOptionsExercised_iN_di_c20230101__20230331__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_zBb2m5wZWWo" style="text-align: right" title="Number of shares, exercised">(90,705</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98A_eus-gaap--StockIssuedDuringPeriodSharesStockOptionsExercised_iN_di_c20230101__20230331__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassCMember_zH41sQ6ddD45" style="text-align: right" title="Number of shares, exercised">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td>Cancelled</td><td> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_981_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpirationsInPeriod_iN_di_c20230101__20230331__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_zM4VwkzakdOe" style="border-bottom: Black 1pt solid; text-align: right" title="Number of shares, cancelled">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_981_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpirationsInPeriod_iN_di_c20230101__20230331__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassCMember_zk1kjsMThjk5" style="border-bottom: Black 1pt solid; text-align: right" title="Number of shares, cancelled">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td>Outstanding at March 31, 2023</td><td> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td><td id="xdx_98B_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber_iE_c20230101__20230331__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_zh7bou6lumIj" style="border-bottom: Black 2.5pt double; text-align: right" title="Number of shares, outstanding, beginning">901,900</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td id="xdx_986_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice_iE_c20230101__20230331__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_zGk3gMHHOpW7" style="text-align: right">4.92</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td><td id="xdx_989_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber_iE_c20230101__20230331__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassCMember_zdTRAXzXLKL" style="border-bottom: Black 2.5pt double; text-align: right" title="Number of shares, outstanding, beginning">1,157,203</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td id="xdx_980_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice_iE_c20230101__20230331__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassCMember_zc1MxpSCIwbb" style="text-align: right" title="Weighted average exercise price, outstanding, Ending">5.59</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td>As of March 31, 2023:</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Options exercisable</td><td> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td><td id="xdx_98D_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber_iI_c20230331__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_zb3bEiobjT3e" style="border-bottom: Black 2.5pt double; text-align: right" title="Number of shares, options exercisable">827,025</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td id="xdx_98F_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice_iE_c20230101__20230331__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_zhrHfUsTePN2" style="text-align: right" title="Weighted average exercise price, options exercisable">4.76</td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td><td id="xdx_987_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber_iI_c20230331__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassCMember_z5LULitVDeg" style="border-bottom: Black 2.5pt double; text-align: right" title="Number of shares, options exercisable">935,953</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td id="xdx_982_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice_iE_c20230101__20230331__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassCMember_zOLY0nik95fg" style="text-align: right" title="Weighted average exercise price, options exercisable">5.36</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td>As of March 31, 2023:</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Available options for future grant</td><td> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td><td id="xdx_98F_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant_iI_c20230331__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_zt6kE1d04HSf" style="border-bottom: Black 2.5pt double; text-align: right" title="Number of shares, available options for future grant">155,133</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td><td id="xdx_989_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant_iI_c20230331__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassCMember_zFVZ3O5Q241d" style="border-bottom: Black 2.5pt double; text-align: right" title="Number of shares, available options for future grant">795,000</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td>Weighted average contractual term of options outstanding at March 31, 2023</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"><span id="xdx_904_eus-gaap--SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2_dtY_c20230101__20230331__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_zrH8CcXchex3" title="Weighted average contractual term of options outstanding">4.60 years</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"><span id="xdx_902_eus-gaap--SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2_dtY_c20230101__20230331__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassCMember_zQEyz0vwe383" title="Weighted average contractual term of options outstanding">6.66 years</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td>Weighted average contractual term of options exercisable at March 31, 2023</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"><span id="xdx_900_eus-gaap--SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1_dtY_c20230101__20230331__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_zL5teyzWwEL8" title="Weighted average contractual term of options exercisable">4.14 years</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"><span id="xdx_904_eus-gaap--SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1_dtY_c20230101__20230331__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassCMember_zYehU7Nu1Xqf" title="Weighted average contractual term of options exercisable">6.20 years</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td>Aggregated intrinsic value of options outstanding at March 31, 2023 (1)</td><td> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_983_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue_iI_c20230331__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_fKDEp_zX1CeTtlGcw1" style="border-bottom: Black 2.5pt double; text-align: right" title="Aggregated intrinsic value of options outstanding">1,182,602</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98B_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue_iI_c20230331__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassCMember_fKDEp_ztZ5bOSXetye" style="border-bottom: Black 2.5pt double; text-align: right" title="Aggregated intrinsic value of options outstanding">741,380</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td>Aggregated intrinsic value of options exercisable at March 31, 2023 (1)</td><td> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_985_eus-gaap--SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1_iI_c20230331__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_fKDEp_znCaNdachR0h" style="border-bottom: Black 2.5pt double; text-align: right" title="Aggregated intrinsic value of options exercisable">1,214,210</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_981_eus-gaap--SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1_iI_c20230331__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassCMember_fKDEp_zawHMUX4hvu3" style="border-bottom: Black 2.5pt double; text-align: right" title="Aggregated intrinsic value of options exercisable">812,293</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> </table> <div style="margin-top: 0pt; margin-bottom: 0pt; width: 25%"><div style="border-top: Black 1pt solid; font-size: 1pt"> </div></div> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in">(1) </td> <td style="font: 10pt Times New Roman, Times, Serif">The Company used a stock price of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNjaGVkdWxlIG9mIEFjdGl2aXR5IG9mIFN0b2NrIE9wdGlvbiBQbGFucyAoRGV0YWlscykgKFBhcmVudGhldGljYWwpAA__" id="xdx_907_eus-gaap--SharePrice_iI_pid_c20230331_zxOY8hr9AD6g" title="Stock price">6.23 as of March 31, 2023 to derive intrinsic value. </td></tr> </table> SECURITY NATIONAL FINANCIAL CORPORATION AND SUBSIDIARIES Notes to Condensed Consolidated Financial Statements March 31, 2023 (Unaudited) 5) Stock Compensation Plans (Continued) Activity of the stock option plans during the three month period ended March 31, 2022, is summarized as follows: <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: bottom"> <td> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Number of Class A Shares</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Weighted Average Exercise Price</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Number of Class C Shares</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Weighted Average Exercise Price</td><td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td> </td> <td colspan="2"> </td><td> </td><td> </td> <td colspan="2"> </td><td> </td><td> </td> <td colspan="2"> </td><td> </td><td> </td> <td colspan="2"> </td><td> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 44%">Outstanding at January 1, 2022</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td id="xdx_988_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber_iS_c20220101__20220331__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_zWbPAB6K4Q0i" style="width: 10%; text-align: right" title="Number of shares, outstanding, beginning">1,024,351</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_986_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice_iS_c20220101__20220331__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_zcxR2NShvqZk" style="width: 10%; text-align: right" title="Weighted average exercise price, outstanding, beginning">4.61</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td id="xdx_987_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber_iS_c20220101__20220331__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassCMember_z8o910cQYiQ5" style="width: 10%; text-align: right" title="Number of shares, outstanding, beginning">821,146</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_982_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice_iS_c20220101__20220331__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassCMember_zYlgTMFEpx0i" style="width: 10%; text-align: right" title="Weighted average exercise price, outstanding, beginning">5.48</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td>Granted</td><td> </td> <td style="text-align: left"> </td><td id="xdx_986_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross_c20220101__20220331__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_z0yfKVHNdXD2" style="text-align: right" title="Number of shares, granted">4,000</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98D_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross_c20220101__20220331__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassCMember_zoZ6GoDlq0Lb" style="text-align: right" title="Number of shares, granted">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td>Exercised</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98C_eus-gaap--StockIssuedDuringPeriodSharesStockOptionsExercised_iN_di_c20220101__20220331__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_zWMy4gzYkZ8h" style="text-align: right" title="Number of shares, exercised">(50,968</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_980_eus-gaap--StockIssuedDuringPeriodSharesStockOptionsExercised_iN_di_c20220101__20220331__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassCMember_zUsea833pVt9" style="text-align: right" title="Number of shares, exercised">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-bottom: 1pt">Cancelled</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_988_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpirationsInPeriod_iN_di_c20220101__20220331__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_z9flsfm41ved" style="border-bottom: Black 1pt solid; text-align: right" title="Number of shares, cancelled">-</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt; text-align: right"> </td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98A_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpirationsInPeriod_iN_di_c20220101__20220331__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassCMember_ztacgRuIawIi" style="border-bottom: Black 1pt solid; text-align: right" title="Number of shares, cancelled">-</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt; text-align: right"> </td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-bottom: 2.5pt">Outstanding at March 31, 2022</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td><td id="xdx_986_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber_iE_c20220101__20220331__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_z368A4e2mZib" style="border-bottom: Black 2.5pt double; text-align: right" title="Number of shares, outstanding, beginning">977,383</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: left">$</td><td id="xdx_98A_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice_iE_c20220101__20220331__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_zb1kebfhGNrb" style="padding-bottom: 2.5pt; text-align: right">4.77</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td><td id="xdx_981_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber_iE_c20220101__20220331__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassCMember_z41hcTL0shXk" style="border-bottom: Black 2.5pt double; text-align: right" title="Number of shares, outstanding, beginning">821,146</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: left">$</td><td id="xdx_981_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice_iE_c20220101__20220331__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassCMember_z4CzQF1IgCgh" style="padding-bottom: 2.5pt; text-align: right" title="Weighted average exercise price, outstanding, Ending">5.48</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td>As of March 31, 2022:</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 2.5pt">Options exercisable</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td><td id="xdx_988_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber_iI_c20220331__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_zijP08jsz8P1" style="border-bottom: Black 2.5pt double; text-align: right" title="Number of shares, options exercisable">906,258</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: left">$</td><td id="xdx_98C_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice_iE_c20220101__20220331__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_zJqPzdZVpqq1" style="padding-bottom: 2.5pt; text-align: right" title="Weighted average exercise price, options exercisable">4.46</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td><td id="xdx_98D_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber_iI_c20220331__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassCMember_zhoRw7Xq7xZk" style="border-bottom: Black 2.5pt double; text-align: right" title="Number of shares, options exercisable">648,646</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: left">$</td><td id="xdx_981_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice_iE_c20220101__20220331__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassCMember_zN7I0rrGIKu5" style="padding-bottom: 2.5pt; text-align: right" title="Weighted average exercise price, options exercisable">4.67</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td>As of March 31, 2022:</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 2.5pt">Available options for future grant</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td><td id="xdx_981_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant_iI_c20220331__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_zES8KdfU3k72" style="border-bottom: Black 2.5pt double; text-align: right" title="Number of shares, available options for future grant">228,376</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt; text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td><td id="xdx_98D_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant_iI_c20220331__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassCMember_zQ3cxG49nIRl" style="border-bottom: Black 2.5pt double; text-align: right" title="Number of shares, available options for future grant">16,689</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt; text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 0pt">Weighted average contractual term of options outstanding at March 31, 2022</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"><span id="xdx_90E_eus-gaap--SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2_dtY_c20220101__20220331__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_zrb1HVIb1v9j" title="Weighted average contractual term of options outstanding">4.44 years</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"><span id="xdx_90A_eus-gaap--SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2_dtY_c20220101__20220331__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassCMember_zmlMTf3z2vn3" title="Weighted average contractual term of options outstanding">7.00 years</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 0pt">Weighted average contractual term of options exercisable at March 31, 2022</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"><span id="xdx_903_eus-gaap--SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1_dtY_c20220101__20220331__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_zkehXdc55Y16" title="Weighted average contractual term of options exercisable">4.03 years</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"><span id="xdx_904_eus-gaap--SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1_dtY_c20220101__20220331__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassCMember_z7IIRvC22EO9" title="Weighted average contractual term of options exercisable">6.57 years</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 0pt; padding-bottom: 2.5pt">Aggregated intrinsic value of options outstanding at March 31, 2022 (1)</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98F_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue_iI_c20220331__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_fKDEp_zxjeK1xEMDwi" style="border-bottom: Black 2.5pt double; text-align: right" title="Aggregated intrinsic value of options outstanding">5,115,622</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt; text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_988_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue_iI_c20220331__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassCMember_fKDEp_zV9OJCZ2fmV9" style="border-bottom: Black 2.5pt double; text-align: right" title="Aggregated intrinsic value of options outstanding">3,666,085</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt; text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 0pt; padding-bottom: 2.5pt">Aggregated intrinsic value of options exercisable at March 31, 2022 (1)</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_983_eus-gaap--SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1_iI_c20220331__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_fKDEp_zF7rI940OWS9" style="border-bottom: Black 2.5pt double; text-align: right" title="Aggregated intrinsic value of options exercisable">5,017,469</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt; text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_988_eus-gaap--SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1_iI_c20220331__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassCMember_fKDEp_zRRGNSyXPuP8" style="border-bottom: Black 2.5pt double; text-align: right" title="Aggregated intrinsic value of options exercisable">3,460,285</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt; text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> <div style="width: 18%"><div style="border-top: Black 1pt solid; font-size: 1pt"> </div></div> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt; width: 100%"><tr style="vertical-align: top; text-align: justify"> <td style="width: 15pt; text-align: right">(1)</td><td style="text-align: justify">The Company used a stock price of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNjaGVkdWxlIG9mIEFjdGl2aXR5IG9mIFN0b2NrIE9wdGlvbiBQbGFucyAoRGV0YWlscykgKFBhcmVudGhldGljYWwpAA__" id="xdx_906_eus-gaap--SharePrice_iI_pid_c20220331_zBFyKmZTrr58" title="Stock price">10.00 as of March 31, 2022, which was the closing price of the Company’s Class A shares on Nasdaq for that day, to derive intrinsic value.</td> </tr></table>

976605

4.78

1157203

5.59

16000

90705

901900

4.92

1157203

5.59

827025

4.76

935953

5.36

155133

795000

P4Y7M6D

P6Y7M28D

P4Y1M20D

P6Y2M12D

1182602

741380

1214210

812293

6.23

1024351

4.61

821146

5.48

4000

50968

977383

4.77

821146

5.48

906258

4.46

648646

4.67

228376

16689

P4Y5M8D

P7Y

P4Y10D

P6Y6M25D

5115622

3666085

5017469

3460285

10.00

176935

395831

742

<p id="xdx_89C_eus-gaap--ScheduleOfShareBasedCompensationRestrictedStockUnitsAwardActivityTableTextBlock_zUObYiArgp92" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify">Activity of the RSUs during the three month period ended March 31, 2023 is summarized as follows: Schedule of Activity Restricted Stock Units <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 65%"> <tr style="vertical-align: bottom"> <td> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Number of Class A Shares</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Weighted Average Grant Date Fair Value</td><td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 56%">Non-vested at January 1, 2023</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td id="xdx_98F_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber_iS_c20230101__20230331__us-gaap--AwardTypeAxis__us-gaap--RestrictedStockUnitsRSUMember__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_zF7tnl6otnnh" style="width: 18%; text-align: right" title="Non-vested Number of shares, beginning">1,620</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_987_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue_iS_c20230101__20230331__us-gaap--AwardTypeAxis__us-gaap--RestrictedStockUnitsRSUMember_zEvwvC7g6Xz4" style="width: 18%; text-align: right" title="Weighted average grant date fair value, beginning">6.48</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-left: 10pt">Granted</td><td> </td> <td style="text-align: left"> </td><td id="xdx_985_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod_c20230101__20230331__us-gaap--AwardTypeAxis__us-gaap--RestrictedStockUnitsRSUMember__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_zgqFg3A5J261" style="text-align: right" title="Non-vested Number of shares, Granted">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 10pt; padding-bottom: 1pt">Vested</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_986_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod_c20230101__20230331__us-gaap--AwardTypeAxis__us-gaap--RestrictedStockUnitsRSUMember__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_zNahE7IkcQKf" style="border-bottom: Black 1pt solid; text-align: right" title="Non-vested Number of shares, Vested">-</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt; text-align: right"> </td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-bottom: 2.5pt">Non-vested at March 31, 2023</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td><td id="xdx_985_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber_iE_c20230101__20230331__us-gaap--AwardTypeAxis__us-gaap--RestrictedStockUnitsRSUMember__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_zwYqtbDeoQhc" style="border-bottom: Black 2.5pt double; text-align: right" title="Non-vested Number of shares, ending">1,620</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: left">$</td><td id="xdx_98B_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue_iE_c20230101__20230331__us-gaap--AwardTypeAxis__us-gaap--RestrictedStockUnitsRSUMember_ztTjtEBF6Q66" style="padding-bottom: 2.5pt; text-align: right" title="Weighted average grant date fair value, ending">6.48</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 2.5pt">Available RSUs for future grant</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_989_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant_iI_c20230331__us-gaap--AwardTypeAxis__us-gaap--RestrictedStockUnitsRSUMember__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_z59g19fxVsqk" style="border-bottom: Black 2.5pt double; text-align: right" title="Number of shares, available RSUs for future grant">18,380</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt; text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-bottom: 2.5pt">Aggregated intrinsic value of RSUs outstanding at March 31, 2023 (1)</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98B_eus-gaap--SharebasedCompensationArrangementBySharebasedPaymentAwardEquityInstrumentsOtherThanOptionsAggregateIntrinsicValueOutstanding_iI_c20230331__us-gaap--AwardTypeAxis__us-gaap--RestrictedStockUnitsRSUMember__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_fKDEp_zCwLzYsYahEb" style="border-bottom: Black 2.5pt double; text-align: right" title="Aggregated intrinsic value of RSUs outstanding">-</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt; text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> <div style="width: 18%"><div style="border-top: Black 1pt solid; font-size: 1pt"> </div></div> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt; width: 100%"><tr style="vertical-align: top; text-align: justify"> <td style="width: 15pt; text-align: right">(1)</td><td style="text-align: justify">The Company used a stock price of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNjaGVkdWxlIG9mIEFjdGl2aXR5IFJlc3RyaWN0ZWQgU3RvY2sgVW5pdHMgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90F_eus-gaap--SharePrice_iI_pid_c20230331__us-gaap--AwardTypeAxis__us-gaap--RestrictedStockUnitsRSUMember_zFv54VjTvZNc" title="Stock price">6.23 as of March 31, 2023 to derive intrinsic value.</td> </tr></table>

1620

6.48

1620

6.48

18380

6.23

6) Earnings Per Share Earnings per share amounts have been retroactively adjusted for the effect of annual stock dividends. In accordance with GAAP, the basic and diluted earnings per share amounts were calculated as follows: Schedule of Earnings Per Share, Basic and Diluted <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 70%"> <tr style="display: none; vertical-align: bottom; background-color: rgb(204,238,255)"> <td> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_49C_20230101__20230331_zBUtI1AoSx7a" style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_492_20220101__20220331_zOXCBCuKN7A7" style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="padding-bottom: 1pt"> </td> <td colspan="6" style="border-bottom: Black 1pt solid; text-align: center">Three Months Ended March 31</td><td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">2023</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">2022</td><td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td>Numerator:</td><td> </td> <td colspan="2"> </td><td> </td><td> </td> <td colspan="2"> </td><td> </td></tr> <tr id="xdx_40D_eus-gaap--NetIncomeLoss_zLkunNioEiq6" style="vertical-align: bottom; background-color: White"> <td style="padding-left: 10pt; width: 56%; text-align: left; padding-bottom: 2.5pt">Net earnings</td><td style="width: 2%; padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; width: 1%; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; width: 18%; text-align: right">1,240,172</td><td style="width: 1%; padding-bottom: 2.5pt; text-align: left"> </td><td style="width: 2%; padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; width: 1%; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; width: 18%; text-align: right">3,228,718</td><td style="width: 1%; padding-bottom: 2.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td>Denominator:</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr id="xdx_40F_eus-gaap--WeightedAverageNumberOfSharesOutstandingBasic_zxoJFsRHB4ub" style="vertical-align: bottom; background-color: White"> <td style="padding-left: 10pt; text-align: left; padding-bottom: 1pt">Basic weighted-average shares outstanding</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">21,080,549</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">21,381,988</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Effect of dilutive securities:</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr id="xdx_40D_eus-gaap--IncrementalCommonSharesAttributableToCallOptionsAndWarrants_zOvxhkIHELMc" style="vertical-align: bottom; background-color: White"> <td style="padding-left: 10pt; text-align: left">Employee stock options</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">531,486</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">884,485</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right"> </td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right"> </td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_402_eus-gaap--WeightedAverageNumberOfDilutedSharesOutstanding_zkhqMZ07fc4e" style="vertical-align: bottom; background-color: White"> <td style="padding-left: 10pt; text-align: left; padding-bottom: 2.5pt">Diluted weighted-average shares outstanding</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td><td style="border-bottom: Black 2.5pt double; text-align: right">21,612,035</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td><td style="border-bottom: Black 2.5pt double; text-align: right">22,266,473</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr id="xdx_404_eus-gaap--EarningsPerShareBasic_zhJ8dNBpMzyj" style="vertical-align: bottom; background-color: White"> <td style="padding-bottom: 2.5pt">Basic net earnings per share</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">0.06</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">0.15</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr id="xdx_40E_eus-gaap--EarningsPerShareDiluted_zrxhoYxmBnt9" style="vertical-align: bottom; background-color: White"> <td style="padding-bottom: 2.5pt">Diluted net earnings per share</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">0.06</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">0.15</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> For the three month periods ended March 31, 2023, and 2022, there were <span id="xdx_908_eus-gaap--AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount_c20230101__20230331__us-gaap--AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareByAntidilutiveSecuritiesAxis__us-gaap--EmployeeStockOptionMember_zPF6JJz0AQL" title="Antidilutive securities excluded from computation of earnings per share, amount">730,270 and <span id="xdx_908_eus-gaap--AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount_dxL_c20220101__20220331__us-gaap--AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareByAntidilutiveSecuritiesAxis__us-gaap--EmployeeStockOptionMember_zp32mPweHb92" title="Antidilutive securities excluded from computation of earnings per share, amount::XDX::-">nil anti-dilutive employee stock option shares, respectively, that were not included in the computation of diluted net earnings per common share as their effect would be anti-dilutive. Basic and diluted earnings per share amounts are the same for each class of common stock. The following table summarizes the activity in shares of capital stock. Summary of Activities in Shares of Capital Stock <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 65%"> <tr style="vertical-align: bottom"> <td> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_4B2_us-gaap--StatementClassOfStockAxis_us-gaap--CommonClassAMember_z0FDhNuz8MH" style="border-bottom: Black 1pt solid; text-align: center">Class A</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_4BA_us-gaap--StatementClassOfStockAxis_us-gaap--CommonClassCMember_z0A6htYuvWd7" style="border-bottom: Black 1pt solid; text-align: center">Class C</td><td style="padding-bottom: 1pt"> </td></tr> <tr id="xdx_437_c20220101__20220331_eus-gaap--CommonStockSharesOutstanding_iS_znhKauhSTewa" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 56%">Outstanding shares at December 31, 2021</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 18%; text-align: right">17,642,722</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 18%; text-align: right">2,866,565</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr id="xdx_437_c20220101__20220331_ecustom--StockIssuedDuringPeriodSharesStockOptionExercised_z7O5dMuzoJ18" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 10pt">Exercise of stock options</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">50,223</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td></tr> <tr id="xdx_434_c20220101__20220331_eus-gaap--ConversionOfStockSharesIssued1_zjAoa3DXwIvb" style="vertical-align: bottom; background-color: White"> <td style="padding-bottom: 1pt; padding-left: 10pt; text-align: left">Conversion of Class C to Class A</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">207</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">(207</td><td style="padding-bottom: 1pt; text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr id="xdx_433_c20220101__20220331_eus-gaap--CommonStockSharesOutstanding_iE_z5PqXlCPAF4h" style="vertical-align: bottom; background-color: White"> <td style="padding-bottom: 2.5pt">Outstanding shares at March 31, 2022</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td><td style="border-bottom: Black 2.5pt double; text-align: right">17,693,152</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td><td style="border-bottom: Black 2.5pt double; text-align: right">2,866,358</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr id="xdx_43A_c20230101__20230331_eus-gaap--CommonStockSharesOutstanding_iS_zwfhqd32Ajaf" style="vertical-align: bottom; background-color: White"> <td>Outstanding shares at December 31, 2022</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">18,758,031</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">2,889,859</td><td style="text-align: left"> </td></tr> <tr id="xdx_43C_c20230101__20230331_eus-gaap--CommonStockSharesOutstanding_iS_zN4TfAmuq5Y8" style="display: none; vertical-align: bottom; background-color: White"> <td>Common stock, shares, outstanding, beginning</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">18,758,031</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">2,889,859</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 0pt"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr id="xdx_433_c20230101__20230331_ecustom--StockIssuedDuringPeriodSharesStockOptionExercised_zqi6J8HiQdgj" style="vertical-align: bottom; background-color: White"> <td style="padding-left: 10pt">Exercise of stock options</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">48,046</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td></tr> <tr id="xdx_436_c20230101__20230331_eus-gaap--ConversionOfStockSharesIssued1_zkNNkKhd2MRj" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-bottom: 1pt; padding-left: 10pt; text-align: left">Conversion of Class C to Class A</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">936</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">(936</td><td style="padding-bottom: 1pt; text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr id="xdx_436_c20230101__20230331_eus-gaap--CommonStockSharesOutstanding_iE_zsnuKn9i9tKb" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-bottom: 2.5pt">Outstanding shares at March 31, 2023</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td><td style="border-bottom: Black 2.5pt double; text-align: right">18,807,013</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td><td style="border-bottom: Black 2.5pt double; text-align: right">2,888,923</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> <tr id="xdx_438_c20230101__20230331_eus-gaap--CommonStockSharesOutstanding_iE_zSM8GJeBM6o" style="display: none; vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-bottom: 2.5pt">Common stock, shares, outstanding, ending</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td><td style="border-bottom: Black 2.5pt double; text-align: right">18,807,013</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td><td style="border-bottom: Black 2.5pt double; text-align: right">2,888,923</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> SECURITY NATIONAL FINANCIAL CORPORATION AND SUBSIDIARIES Notes to Condensed Consolidated Financial Statements March 31, 2023 (Unaudited)

Earnings per share amounts have been retroactively adjusted for the effect of annual stock dividends. In accordance with GAAP, the basic and diluted earnings per share amounts were calculated as follows: Schedule of Earnings Per Share, Basic and Diluted <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 70%"> <tr style="display: none; vertical-align: bottom; background-color: rgb(204,238,255)"> <td> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_49C_20230101__20230331_zBUtI1AoSx7a" style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_492_20220101__20220331_zOXCBCuKN7A7" style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="padding-bottom: 1pt"> </td> <td colspan="6" style="border-bottom: Black 1pt solid; text-align: center">Three Months Ended March 31</td><td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">2023</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">2022</td><td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td>Numerator:</td><td> </td> <td colspan="2"> </td><td> </td><td> </td> <td colspan="2"> </td><td> </td></tr> <tr id="xdx_40D_eus-gaap--NetIncomeLoss_zLkunNioEiq6" style="vertical-align: bottom; background-color: White"> <td style="padding-left: 10pt; width: 56%; text-align: left; padding-bottom: 2.5pt">Net earnings</td><td style="width: 2%; padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; width: 1%; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; width: 18%; text-align: right">1,240,172</td><td style="width: 1%; padding-bottom: 2.5pt; text-align: left"> </td><td style="width: 2%; padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; width: 1%; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; width: 18%; text-align: right">3,228,718</td><td style="width: 1%; padding-bottom: 2.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td>Denominator:</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr id="xdx_40F_eus-gaap--WeightedAverageNumberOfSharesOutstandingBasic_zxoJFsRHB4ub" style="vertical-align: bottom; background-color: White"> <td style="padding-left: 10pt; text-align: left; padding-bottom: 1pt">Basic weighted-average shares outstanding</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">21,080,549</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">21,381,988</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Effect of dilutive securities:</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr id="xdx_40D_eus-gaap--IncrementalCommonSharesAttributableToCallOptionsAndWarrants_zOvxhkIHELMc" style="vertical-align: bottom; background-color: White"> <td style="padding-left: 10pt; text-align: left">Employee stock options</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">531,486</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">884,485</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right"> </td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right"> </td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_402_eus-gaap--WeightedAverageNumberOfDilutedSharesOutstanding_zkhqMZ07fc4e" style="vertical-align: bottom; background-color: White"> <td style="padding-left: 10pt; text-align: left; padding-bottom: 2.5pt">Diluted weighted-average shares outstanding</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td><td style="border-bottom: Black 2.5pt double; text-align: right">21,612,035</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td><td style="border-bottom: Black 2.5pt double; text-align: right">22,266,473</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr id="xdx_404_eus-gaap--EarningsPerShareBasic_zhJ8dNBpMzyj" style="vertical-align: bottom; background-color: White"> <td style="padding-bottom: 2.5pt">Basic net earnings per share</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">0.06</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">0.15</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr id="xdx_40E_eus-gaap--EarningsPerShareDiluted_zrxhoYxmBnt9" style="vertical-align: bottom; background-color: White"> <td style="padding-bottom: 2.5pt">Diluted net earnings per share</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">0.06</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">0.15</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table>

1240172

3228718

21080549

21381988

531486

884485

21612035

22266473

0.06

0.15

0.06

0.15

730270

The following table summarizes the activity in shares of capital stock. Summary of Activities in Shares of Capital Stock <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 65%"> <tr style="vertical-align: bottom"> <td> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_4B2_us-gaap--StatementClassOfStockAxis_us-gaap--CommonClassAMember_z0FDhNuz8MH" style="border-bottom: Black 1pt solid; text-align: center">Class A</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_4BA_us-gaap--StatementClassOfStockAxis_us-gaap--CommonClassCMember_z0A6htYuvWd7" style="border-bottom: Black 1pt solid; text-align: center">Class C</td><td style="padding-bottom: 1pt"> </td></tr> <tr id="xdx_437_c20220101__20220331_eus-gaap--CommonStockSharesOutstanding_iS_znhKauhSTewa" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 56%">Outstanding shares at December 31, 2021</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 18%; text-align: right">17,642,722</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 18%; text-align: right">2,866,565</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr id="xdx_437_c20220101__20220331_ecustom--StockIssuedDuringPeriodSharesStockOptionExercised_z7O5dMuzoJ18" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 10pt">Exercise of stock options</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">50,223</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td></tr> <tr id="xdx_434_c20220101__20220331_eus-gaap--ConversionOfStockSharesIssued1_zjAoa3DXwIvb" style="vertical-align: bottom; background-color: White"> <td style="padding-bottom: 1pt; padding-left: 10pt; text-align: left">Conversion of Class C to Class A</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">207</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">(207</td><td style="padding-bottom: 1pt; text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr id="xdx_433_c20220101__20220331_eus-gaap--CommonStockSharesOutstanding_iE_z5PqXlCPAF4h" style="vertical-align: bottom; background-color: White"> <td style="padding-bottom: 2.5pt">Outstanding shares at March 31, 2022</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td><td style="border-bottom: Black 2.5pt double; text-align: right">17,693,152</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td><td style="border-bottom: Black 2.5pt double; text-align: right">2,866,358</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr id="xdx_43A_c20230101__20230331_eus-gaap--CommonStockSharesOutstanding_iS_zwfhqd32Ajaf" style="vertical-align: bottom; background-color: White"> <td>Outstanding shares at December 31, 2022</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">18,758,031</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">2,889,859</td><td style="text-align: left"> </td></tr> <tr id="xdx_43C_c20230101__20230331_eus-gaap--CommonStockSharesOutstanding_iS_zN4TfAmuq5Y8" style="display: none; vertical-align: bottom; background-color: White"> <td>Common stock, shares, outstanding, beginning</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">18,758,031</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">2,889,859</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 0pt"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr id="xdx_433_c20230101__20230331_ecustom--StockIssuedDuringPeriodSharesStockOptionExercised_zqi6J8HiQdgj" style="vertical-align: bottom; background-color: White"> <td style="padding-left: 10pt">Exercise of stock options</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">48,046</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td></tr> <tr id="xdx_436_c20230101__20230331_eus-gaap--ConversionOfStockSharesIssued1_zkNNkKhd2MRj" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-bottom: 1pt; padding-left: 10pt; text-align: left">Conversion of Class C to Class A</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">936</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">(936</td><td style="padding-bottom: 1pt; text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr id="xdx_436_c20230101__20230331_eus-gaap--CommonStockSharesOutstanding_iE_zsnuKn9i9tKb" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-bottom: 2.5pt">Outstanding shares at March 31, 2023</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td><td style="border-bottom: Black 2.5pt double; text-align: right">18,807,013</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td><td style="border-bottom: Black 2.5pt double; text-align: right">2,888,923</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> <tr id="xdx_438_c20230101__20230331_eus-gaap--CommonStockSharesOutstanding_iE_zSM8GJeBM6o" style="display: none; vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-bottom: 2.5pt">Common stock, shares, outstanding, ending</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td><td style="border-bottom: Black 2.5pt double; text-align: right">18,807,013</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td><td style="border-bottom: Black 2.5pt double; text-align: right">2,888,923</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table>

17642722

2866565

50223

207

-207

17693152

2866358

18758031

2889859

18758031

2889859

48046

936

-936

18807013

2888923

18807013

2888923

7) Business Segment Information Description of Products and Services by Segment The Company has three reportable business segments: life insurance, cemetery and mortuary, and mortgage. The Company’s life insurance segment consists of life insurance premiums and operating expenses from the sale of insurance products sold by the Company’s independent agency force and net investment income derived from investing policyholder and segment surplus funds. The Company’s cemetery and mortuary segment consists of revenues and operating expenses from the sale of at-need cemetery and mortuary merchandise and services at its mortuaries and cemeteries, pre-need sales of cemetery spaces after collection of 10% or more of the purchase price and the net investment income from investing segment surplus funds. The Company’s mortgage segment consists of fee income and expenses from the originations of residential mortgage loans and interest earned and interest expenses from warehousing loans held for sale. Measurement of Segment Profit or Loss and Segment Assets The accounting policies of the reportable segments are the same as those described in the Significant Accounting Principles of the Form 10-K for the year ended December 31, 2022. Intersegment revenues are recorded at cost plus an agreed upon intercompany profit, and are eliminated upon consolidation. Factors Management Used to Identify the Enterprise’s Reportable Segments The Company’s reportable segments are business units that are managed separately due to the different products provided and the need to report separately to the various regulatory jurisdictions. The Company regularly reviews the quantitative thresholds and other criteria to determine when other business segments may need to be reported. SECURITY NATIONAL FINANCIAL CORPORATION AND SUBSIDIARIES Notes to Condensed Consolidated Financial Statements March 31, 2023 (Unaudited) 7) Business Segment Information (Continued) Schedule of Revenues and Expenses by Reportable Segment <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: bottom"> <td> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_4B5_us-gaap--StatementBusinessSegmentsAxis_custom--LifeInsuranceMember_zLJzwQqI4VSa" style="border-bottom: Black 1pt solid; text-align: center">Life Insurance</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_4BE_us-gaap--StatementBusinessSegmentsAxis_custom--CemeteryAndMortuaryMember_zJmq3A0wZwVb" style="border-bottom: Black 1pt solid; text-align: center">Cemetery/ Mortuary</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_4B8_us-gaap--StatementBusinessSegmentsAxis_custom--MortgageMember_zAjFleQ1orLg" style="border-bottom: Black 1pt solid; text-align: center">Mortgage</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_4BF_us-gaap--StatementBusinessSegmentsAxis_custom--IntercompanyEliminationsMember_zdb6L740Cp9i" style="border-bottom: Black 1pt solid; text-align: center">Intercompany Eliminations</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_4B0_zXVVppUAJ4x6" style="border-bottom: Black 1pt solid; text-align: center">Consolidated</td><td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td>For the Three Months Ended</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-decoration: underline">March 31, 2023</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr id="xdx_432_c20230101__20230331_ecustom--RevenueFromExternalCustomers_zxD2EvV7yO3l" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 35%; text-align: left">Revenues from external customers</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 9%; text-align: right">45,415,297</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 9%; text-align: right">7,198,396</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 9%; text-align: right">26,887,041</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 9%; text-align: right">-</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 9%; text-align: right">79,500,734</td><td style="width: 1%; text-align: left"> </td></tr> <tr id="xdx_434_c20230101__20230331_ecustom--IntersegmentRevenues_zPd5WuaM72r4" style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Intersegment revenues</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">1,510,028</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">83,836</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">123,699</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(1,717,563</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td></tr> <tr id="xdx_433_c20230101__20230331_eus-gaap--IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_zS0YngbHM0V8" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Segment profit (loss) before income taxes</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">3,683,735</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">1,784,592</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(3,883,439</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">1,584,888</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr id="xdx_437_c20230331_ecustom--IdentifiableAssets_iI_z7iwgVJOiqB" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Identifiable Assets</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">1,308,954,075</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">87,354,333</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">152,745,312</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(111,225,073</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">1,437,828,647</td><td style="text-align: left"> </td></tr> <tr id="xdx_431_c20230331_eus-gaap--Goodwill_iI_zA1f76EurBqd" style="vertical-align: bottom; background-color: White"> <td style="padding-bottom: 1pt">Goodwill</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">2,765,570</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">2,488,213</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">-</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">-</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">5,253,783</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_433_c20230331_eus-gaap--AssetsNet_iI_zUS3ERccNrge" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 2.5pt">Total Assets</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td><td style="border-bottom: Black 2.5pt double; text-align: right">1,311,719,645</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td><td style="border-bottom: Black 2.5pt double; text-align: right">89,842,546</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td><td style="border-bottom: Black 2.5pt double; text-align: right">152,745,312</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td><td style="border-bottom: Black 2.5pt double; text-align: right">(111,225,073</td><td style="padding-bottom: 2.5pt; text-align: left">)</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td><td style="border-bottom: Black 2.5pt double; text-align: right">1,443,082,430</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td>For the Three Months Ended</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-decoration: underline">March 31, 2022</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr id="xdx_43E_c20220101__20220331_ecustom--RevenueFromExternalCustomers_zdt6K7ESZqB2" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Revenues from external customers</td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">41,501,809</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">7,463,194</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">53,460,904</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">102,425,907</td><td style="text-align: left"> </td></tr> <tr id="xdx_43D_c20220101__20220331_ecustom--IntersegmentRevenues_zkqo6ABLabYi" style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Intersegment revenues</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">1,695,779</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">182,589</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">74,709</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(1,953,077</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td></tr> <tr id="xdx_43A_c20220101__20220331_eus-gaap--IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_zg09kExa2yE9" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Segment profit before income taxes</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">816,485</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">2,020,317</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">1,606,714</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">4,443,516</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr id="xdx_43E_c20220331_ecustom--IdentifiableAssets_iI_zFRVsEf658Qk" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Identifiable Assets</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">1,241,160,139</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">77,002,286</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">295,671,662</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(99,284,078</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">1,514,550,009</td><td style="text-align: left"> </td></tr> <tr id="xdx_431_c20220331_eus-gaap--Goodwill_iI_zno1FRRfcga" style="vertical-align: bottom; background-color: White"> <td style="padding-bottom: 1pt">Goodwill</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">2,765,570</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">2,488,213</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">-</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">-</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">5,253,783</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_438_c20220331_eus-gaap--AssetsNet_iI_zWgo22I8PxI7" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 2.5pt">Total Assets</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td><td style="border-bottom: Black 2.5pt double; text-align: right">1,243,925,709</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td><td style="border-bottom: Black 2.5pt double; text-align: right">79,490,499</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td><td style="border-bottom: Black 2.5pt double; text-align: right">295,671,662</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td><td style="border-bottom: Black 2.5pt double; text-align: right">(99,284,078</td><td style="padding-bottom: 2.5pt; text-align: left">)</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td><td style="border-bottom: Black 2.5pt double; text-align: right">1,519,803,792</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> SECURITY NATIONAL FINANCIAL CORPORATION AND SUBSIDIARIES Notes to Condensed Consolidated Financial Statements March 31, 2023 (Unaudited)

Schedule of Revenues and Expenses by Reportable Segment <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: bottom"> <td> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_4B5_us-gaap--StatementBusinessSegmentsAxis_custom--LifeInsuranceMember_zLJzwQqI4VSa" style="border-bottom: Black 1pt solid; text-align: center">Life Insurance</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_4BE_us-gaap--StatementBusinessSegmentsAxis_custom--CemeteryAndMortuaryMember_zJmq3A0wZwVb" style="border-bottom: Black 1pt solid; text-align: center">Cemetery/ Mortuary</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_4B8_us-gaap--StatementBusinessSegmentsAxis_custom--MortgageMember_zAjFleQ1orLg" style="border-bottom: Black 1pt solid; text-align: center">Mortgage</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_4BF_us-gaap--StatementBusinessSegmentsAxis_custom--IntercompanyEliminationsMember_zdb6L740Cp9i" style="border-bottom: Black 1pt solid; text-align: center">Intercompany Eliminations</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_4B0_zXVVppUAJ4x6" style="border-bottom: Black 1pt solid; text-align: center">Consolidated</td><td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td>For the Three Months Ended</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-decoration: underline">March 31, 2023</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr id="xdx_432_c20230101__20230331_ecustom--RevenueFromExternalCustomers_zxD2EvV7yO3l" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 35%; text-align: left">Revenues from external customers</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 9%; text-align: right">45,415,297</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 9%; text-align: right">7,198,396</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 9%; text-align: right">26,887,041</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 9%; text-align: right">-</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 9%; text-align: right">79,500,734</td><td style="width: 1%; text-align: left"> </td></tr> <tr id="xdx_434_c20230101__20230331_ecustom--IntersegmentRevenues_zPd5WuaM72r4" style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Intersegment revenues</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">1,510,028</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">83,836</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">123,699</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(1,717,563</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td></tr> <tr id="xdx_433_c20230101__20230331_eus-gaap--IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_zS0YngbHM0V8" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Segment profit (loss) before income taxes</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">3,683,735</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">1,784,592</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(3,883,439</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">1,584,888</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr id="xdx_437_c20230331_ecustom--IdentifiableAssets_iI_z7iwgVJOiqB" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Identifiable Assets</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">1,308,954,075</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">87,354,333</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">152,745,312</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(111,225,073</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">1,437,828,647</td><td style="text-align: left"> </td></tr> <tr id="xdx_431_c20230331_eus-gaap--Goodwill_iI_zA1f76EurBqd" style="vertical-align: bottom; background-color: White"> <td style="padding-bottom: 1pt">Goodwill</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">2,765,570</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">2,488,213</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">-</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">-</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">5,253,783</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_433_c20230331_eus-gaap--AssetsNet_iI_zUS3ERccNrge" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 2.5pt">Total Assets</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td><td style="border-bottom: Black 2.5pt double; text-align: right">1,311,719,645</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td><td style="border-bottom: Black 2.5pt double; text-align: right">89,842,546</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td><td style="border-bottom: Black 2.5pt double; text-align: right">152,745,312</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td><td style="border-bottom: Black 2.5pt double; text-align: right">(111,225,073</td><td style="padding-bottom: 2.5pt; text-align: left">)</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td><td style="border-bottom: Black 2.5pt double; text-align: right">1,443,082,430</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td>For the Three Months Ended</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-decoration: underline">March 31, 2022</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr id="xdx_43E_c20220101__20220331_ecustom--RevenueFromExternalCustomers_zdt6K7ESZqB2" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Revenues from external customers</td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">41,501,809</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">7,463,194</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">53,460,904</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">102,425,907</td><td style="text-align: left"> </td></tr> <tr id="xdx_43D_c20220101__20220331_ecustom--IntersegmentRevenues_zkqo6ABLabYi" style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Intersegment revenues</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">1,695,779</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">182,589</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">74,709</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(1,953,077</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td></tr> <tr id="xdx_43A_c20220101__20220331_eus-gaap--IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_zg09kExa2yE9" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Segment profit before income taxes</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">816,485</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">2,020,317</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">1,606,714</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">4,443,516</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr id="xdx_43E_c20220331_ecustom--IdentifiableAssets_iI_zFRVsEf658Qk" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Identifiable Assets</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">1,241,160,139</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">77,002,286</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">295,671,662</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(99,284,078</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">1,514,550,009</td><td style="text-align: left"> </td></tr> <tr id="xdx_431_c20220331_eus-gaap--Goodwill_iI_zno1FRRfcga" style="vertical-align: bottom; background-color: White"> <td style="padding-bottom: 1pt">Goodwill</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">2,765,570</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">2,488,213</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">-</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">-</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">5,253,783</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_438_c20220331_eus-gaap--AssetsNet_iI_zWgo22I8PxI7" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 2.5pt">Total Assets</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td><td style="border-bottom: Black 2.5pt double; text-align: right">1,243,925,709</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td><td style="border-bottom: Black 2.5pt double; text-align: right">79,490,499</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td><td style="border-bottom: Black 2.5pt double; text-align: right">295,671,662</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td><td style="border-bottom: Black 2.5pt double; text-align: right">(99,284,078</td><td style="padding-bottom: 2.5pt; text-align: left">)</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td><td style="border-bottom: Black 2.5pt double; text-align: right">1,519,803,792</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table>

45415297 7198396 26887041 79500734 1510028 83836 123699 -1717563

3683735

1784592

-3883439

1584888

1308954075 87354333 152745312 -111225073 1437828647

2765570

2488213

5253783

1311719645

89842546

152745312

-111225073

1443082430

41501809 7463194 53460904 102425907 1695779 182589 74709 -1953077

816485

2020317

1606714

4443516

1241160139 77002286 295671662 -99284078 1514550009

2765570

2488213

5253783

1243925709

79490499

295671662

-99284078

1519803792

8) Fair Value of Financial Instruments GAAP defines fair value as the exchange price that would be received for an asset or paid to transfer a liability (an exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants. GAAP also specifies a fair value hierarchy based upon the observability of inputs used in valuation techniques. Observable inputs (highest level) reflect market data obtained from independent sources, while unobservable inputs (lowest level) reflect internally developed market assumptions. Fair value measurements are classified under the following hierarchy: Level 1: Financial assets and financial liabilities whose values are based on unadjusted quoted prices for identical assets or liabilities in an active market that the Company can access. Level 2: Financial assets and financial liabilities whose values are based on the following: <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="width: 0.5in"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.15in">a)</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">Quoted prices for similar assets or liabilities in active markets;</td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td> </td> <td style="font: 10pt Times New Roman, Times, Serif">b)</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">Quoted prices for identical or similar assets or liabilities in non-active markets; or</td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td> </td> <td style="font: 10pt Times New Roman, Times, Serif">c)</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">Valuation models whose inputs are observable, directly or indirectly, for substantially the full term of the asset or liability.</td></tr> </table> Level 3: Financial assets and financial liabilities whose values are based on prices or valuation techniques that require inputs that are both unobservable and significant to the overall fair value measurement. These inputs may reflect the Company’s estimates of the assumptions that market participants would use in valuing the financial assets and financial liabilities. The Company utilizes a combination of third-party valuation service providers, brokers, and internal valuation models to determine fair value. The following methods and assumptions were used by the Company in estimating the fair value disclosures related to significant financial instruments. The items shown under Level 1 and Level 2 are valued as follows: Fixed Maturity Securities Available for Sale: The fair values of fixed maturity securities are based on quoted market prices, when available. For fixed maturity securities not actively traded, fair values are estimated using values obtained from independent pricing services, or in the case of private placements (considered Level 3 financial assets), are estimated by discounting expected future cash flows using a current market value applicable to the coupon rate, credit and maturity of the investments. Equity Securities: The fair values for equity securities are based on quoted market prices. Restricted Assets: A portion of these assets include mutual funds and equity securities and fixed maturity securities that have quoted market prices that are used to determine fair value. Also included are cash and cash equivalents and participations in mortgage loans. The carrying amounts reported in the accompanying condensed consolidated balance sheets for these financial instruments approximate their fair values due to their short-term nature. Cemetery Perpetual Care Trust Investments: A portion of these assets include equity securities and fixed maturity securities that have quoted market prices that are used to determine fair value. Also included are cash and cash equivalents. The carrying amounts reported in the accompanying condensed consolidated balance sheets for these financial instruments approximate their fair values due to their short-term nature. Call and Put Option Derivatives: The fair values for call and put options are based on quoted market prices. Additionally, there were no transfers between Level 1 and Level 2 in the fair value hierarchy. SECURITY NATIONAL FINANCIAL CORPORATION AND SUBSIDIARIES Notes to Condensed Consolidated Financial Statements March 31, 2023 (Unaudited) 8) Fair Value of Financial Instruments (Continued) The items shown under Level 3 are valued as follows: Loans Held for Sale: The Company elected the fair value option for loans held for sale. The fair value is based on quoted market prices, when available. When a quoted market price is not readily available, the Company uses the market price from its last sale of similar assets. Fair value is often difficult to determine and may contain significant unobservable inputs. Loan Commitments and Forward Sale Commitments: The Company’s mortgage segment enters into loan commitments with potential borrowers and forward sale commitments to sell loans with third-party investors. The Company also uses a hedging strategy for these transactions. A loan commitment binds the Company to lend funds to a qualified borrower at a specified interest rate and within a specified period of time, generally up to 30 days after issuance of the loan commitment. Loan commitments are defined to be derivatives under GAAP and are recognized at fair value on the consolidated balance sheets with changes in their fair values recorded in current earnings. The Company estimates the fair value of a loan commitment based on the change in estimated fair value of the underlying mortgage loan, quoted MBS prices, estimates of the fair value of mortgage servicing rights, and an estimate of the probability that the mortgage loan will fund within the terms of the commitment. The change in fair value of the underlying mortgage loan is measured from the date the loan commitment is issued. Following issuance, the value of a mortgage loan commitment can be either positive or negative depending upon the change in value of the underlying mortgage loans. Fallout rates and other factors from the Company’s recent historical data are used to estimate the quantity and value of mortgage loans that will fund within the terms of the commitments. Impaired Mortgage Loans Held for Investment: The Company believes that the fair value of these nonperforming loans will approximate the unpaid principal balance expected to be recovered based on the fair value of the underlying collateral. For residential and commercial properties, the collateral value is estimated by obtaining an independent appraisal. The appraisal typically considers comparable sales in the area, property condition, and potential rental income that could be generated (particularly for commercial properties). For residential construction loans, the collateral is typically incomplete, so fair value is estimated as the replacement cost using data from a provider of building cost information to the real estate construction. Impaired Real Estate Held for Investment: The Company believes that in an orderly market, fair value will approximate the replacement cost of a home and the rental income provides a cash flow stream for investment analysis. The Company believes the highest and best use of the properties are as income producing assets since it is the Company’s intent to hold the properties as rental properties, matching the income from the investment in rental properties with the funds required for future estimated policy claims. It should be noted that for replacement cost, when determining the fair value of real estate held for investment, the Company uses a provider of building cost information to the real estate construction industry. For the investment analysis, the Company uses market data based upon its real estate operation experience and projected the present value of the net rental income over seven years. The Company also considers area comparable properties and property condition when determining fair value. In addition to this analysis performed by the Company, the Company depreciates Real Estate Held for Investment. This depreciation reduces the book value of these properties and lessens the exposure to the Company from further deterioration in real estate values. Mortgage Servicing Rights: The Company initially recognizes Mortgage Servicing Rights (“MSRs”) at their estimated fair values derived from the net cash flows associated with the servicing contracts, where the Company assumes the obligation to service the loan in the sale transaction. SECURITY NATIONAL FINANCIAL CORPORATION AND SUBSIDIARIES Notes to Condensed Consolidated Financial Statements March 31, 2023 (Unaudited) 8) Fair Value of Financial Instruments (Continued) <p id="xdx_896_eus-gaap--ScheduleOfFairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisTableTextBlock_z7Qeg9ifpBF" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify">The following tables summarize Level 1, 2 and 3 financial assets and financial liabilities measured at fair value on a recurring basis by their classification in the condensed consolidated balance sheet at March 31, 2023. Schedule of Fair Value Assets and Liabilities Measured on a Recurring Basis <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_497_20230331_zGrmDUYq6g1d" style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: center">Total</td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_499_20230331__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member_zMYwHVYqGETf" style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: center">Quoted Prices in Active Markets for Identical Assets (Level 1)</td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_49E_20230331__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member_zYgeoaC242B1" style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: center">Significant Observable Inputs (Level 2)</td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_49F_20230331__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member_z4trh0jgs901" style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: center">Significant Unobservable Inputs (Level 3)</td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left">Assets accounted for at fair value on a recurring basis</td><td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; text-align: right"> </td><td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; text-align: right"> </td><td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; text-align: right"> </td><td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; text-align: right"> </td><td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td></tr> <tr id="xdx_405_eus-gaap--AvailableForSaleSecuritiesDebtSecuritiesCurrent_iI_zmE1XX7njXi" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White"> <td style="font: 10pt Times New Roman, Times, Serif; width: 44%; text-align: left">Fixed maturity securities available for sale</td><td style="font: 10pt Times New Roman, Times, Serif; width: 2%"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left">$</td><td style="font: 10pt Times New Roman, Times, Serif; width: 10%; text-align: right">357,570,527</td><td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; width: 2%"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left">$</td><td style="font: 10pt Times New Roman, Times, Serif; width: 10%; text-align: right">-</td><td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; width: 2%"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left">$</td><td style="font: 10pt Times New Roman, Times, Serif; width: 10%; text-align: right">356,135,008</td><td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; width: 2%"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left">$</td><td style="font: 10pt Times New Roman, Times, Serif; width: 10%; text-align: right">1,435,519</td><td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left"> </td></tr> <tr id="xdx_407_eus-gaap--EquitySecuritiesFvNi_iI_z2HMpwEYu5t2" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left">Equity securities</td><td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; text-align: right">12,354,007</td><td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; text-align: right">12,354,007</td><td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; text-align: right">-</td><td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; text-align: right">-</td><td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td></tr> <tr id="xdx_406_eus-gaap--LoansReceivableHeldForSaleAmount_iI_zROe925MZH61" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left">Loans held for sale</td><td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; text-align: right">173,015,404</td><td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; text-align: right">-</td><td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; text-align: right">-</td><td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; text-align: right">173,015,404</td><td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td></tr> <tr id="xdx_402_eus-gaap--DebtSecuritiesAvailableForSaleRestricted_iI_zVY4Obz4EF0d" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Restricted assets (1)</td><td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; text-align: right">1,217,307</td><td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; text-align: right">-</td><td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; text-align: right">1,217,307</td><td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; text-align: right">-</td><td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td></tr> <tr id="xdx_40C_eus-gaap--EquitySecuritiesFvNiRestricted_iI_zf6gu8zXsXx3" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White"> <td style="text-align: left">Restricted assets (2)</td><td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; text-align: right">5,660,427</td><td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; text-align: right">5,660,427</td><td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; text-align: right">-</td><td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; text-align: right">-</td><td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td></tr> <tr id="xdx_407_ecustom--CemeteryPerpetualCareTrustInvestments1_iI_zCrayje8U5Wi" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Cemetery perpetual care trust investments (1)</td><td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; text-align: right">256,422</td><td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; text-align: right">-</td><td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; text-align: right">256,422</td><td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; text-align: right">-</td><td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td></tr> <tr id="xdx_402_ecustom--CemeteryPerpetualCareTrustInvestments2_iI_zRksbOlegoB8" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White"> <td style="text-align: left">Cemetery perpetual care trust investments (2)</td><td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; text-align: right">3,691,958</td><td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; text-align: right">3,691,958</td><td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; text-align: right">-</td><td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; text-align: right">-</td><td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td></tr> <tr id="xdx_40C_ecustom--DerivativesInterestRateLockCommitments_iI_zRv2MHrKeXUi" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Derivatives - loan commitments (3)</td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right">6,560,948</td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right">-</td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right">-</td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right">6,560,948</td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_40F_ecustom--AssetsFairValueDisclosureRecurring1_iI_zLOcBT7GR2sh" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; padding-bottom: 2.5pt">Total assets accounted for at fair value on a recurring basis</td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; font: 10pt Times New Roman, Times, Serif; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; font: 10pt Times New Roman, Times, Serif; text-align: right">560,327,000</td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; font: 10pt Times New Roman, Times, Serif; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; font: 10pt Times New Roman, Times, Serif; text-align: right">21,706,392</td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; font: 10pt Times New Roman, Times, Serif; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; font: 10pt Times New Roman, Times, Serif; text-align: right">357,608,737</td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; font: 10pt Times New Roman, Times, Serif; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; font: 10pt Times New Roman, Times, Serif; text-align: right">181,011,871</td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt; text-align: left"> </td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; text-align: right"> </td><td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; text-align: right"> </td><td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; text-align: right"> </td><td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; text-align: right"> </td><td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left">Liabilities accounted for at fair value on a recurring basis</td><td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; text-align: right"> </td><td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; text-align: right"> </td><td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; text-align: right"> </td><td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; text-align: right"> </td><td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td></tr> <tr id="xdx_406_ecustom--DerivativesBankLoanInterestRateSwapsCallOptions_iI_zHA2jUHhSH06" style="font: 10pt Times New Roman, Times, Serif; display: none; vertical-align: bottom; background-color: White"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left">Derivatives - call options (4)</td><td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; text-align: right"> </td><td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; text-align: right"> </td><td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; text-align: right"> </td><td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; text-align: right"> </td><td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td></tr> <tr id="xdx_40D_ecustom--DerivativesBankLoanInterestRateSwapsPutOptions_iI_zpq7DsBZ1EIj" style="font: 10pt Times New Roman, Times, Serif; display: none; vertical-align: bottom; background-color: White"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left">Derivatives - put options (4)</td><td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; text-align: right"> </td><td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; text-align: right"> </td><td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; text-align: right"> </td><td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; text-align: right"> </td><td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td></tr> <tr id="xdx_40B_ecustom--DerivativesBankLoanInterestRateSwapsInterestRateLockCommitments_iI_zCXmHbtyAoPh" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Derivatives - loan commitments (4)</td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right">(3,176,119</td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left">)</td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right">-</td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right">-</td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right">(3,176,119</td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left">)</td></tr> <tr id="xdx_408_eus-gaap--FairValueLiabilitiesMeasuredOnRecurringBasisObligations_iNI_di_zjS7VU3cikF1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; padding-bottom: 2.5pt">Total liabilities accounted for at fair value on a recurring basis</td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; font: 10pt Times New Roman, Times, Serif; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; font: 10pt Times New Roman, Times, Serif; text-align: right">(3,176,119</td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt; text-align: left">)</td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; font: 10pt Times New Roman, Times, Serif; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; font: 10pt Times New Roman, Times, Serif; text-align: right">-</td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; font: 10pt Times New Roman, Times, Serif; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; font: 10pt Times New Roman, Times, Serif; text-align: right">-</td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; font: 10pt Times New Roman, Times, Serif; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; font: 10pt Times New Roman, Times, Serif; text-align: right">(3,176,119</td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt; text-align: left">)</td></tr> </table> <div style="width: 18%"><div style="border-top: Black 1pt solid; font-size: 1pt"> </div></div> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in">(1)</td> <td style="font: 10pt Times New Roman, Times, Serif">Fixed maturity securities available for sale</td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif">(2)</td> <td style="font: 10pt Times New Roman, Times, Serif">Equity securities</td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif">(3)</td> <td style="font: 10pt Times New Roman, Times, Serif">Included in other assets on the consolidated balance sheets</td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif">(4)</td> <td style="font: 10pt Times New Roman, Times, Serif">Included in other liabilities and accrued expenses on the consolidated balance sheets</td></tr> </table> SECURITY NATIONAL FINANCIAL CORPORATION AND SUBSIDIARIES Notes to Condensed Consolidated Financial Statements March 31, 2023 (Unaudited) 8) Fair Value of Financial Instruments (Continued) The following tables summarize Level 1, 2 and 3 financial assets and financial liabilities measured at fair value on a recurring basis by their classification in the condensed consolidated balance sheet at December 31, 2022. <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: bottom"> <td style="text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_49F_20221231_z1QLFHjqUod6" style="border-bottom: Black 1pt solid; text-align: center">Total</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_49D_20221231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member_zgQS2vXWtBNj" style="border-bottom: Black 1pt solid; text-align: center">Quoted Prices in Active Markets for Identical Assets (Level 1)</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_492_20221231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member_zF6cEXs4ZT5" style="border-bottom: Black 1pt solid; text-align: center">Significant Observable Inputs (Level 2)</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_499_20221231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member_zVnf2iD82SCf" style="border-bottom: Black 1pt solid; text-align: center">Significant Unobservable Inputs (Level 3)</td><td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Assets accounted for at fair value on a recurring basis</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr id="xdx_40C_eus-gaap--AvailableForSaleSecuritiesDebtSecuritiesCurrent_iI_z2mQR1e49zI9" style="vertical-align: bottom; background-color: White"> <td style="width: 44%; text-align: left">Fixed maturity securities available for sale</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 10%; text-align: right">345,858,492</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 10%; text-align: right">-</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 10%; text-align: right">344,422,973</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 10%; text-align: right">1,435,519</td><td style="width: 1%; text-align: left"> </td></tr> <tr id="xdx_407_eus-gaap--EquitySecuritiesFvNi_iI_z7iJCuO8Xjo" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Equity securities</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">11,682,526</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">11,682,526</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td></tr> <tr id="xdx_406_eus-gaap--LoansReceivableHeldForSaleAmount_iI_zsWUaCZ953wg" style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Loans held for sale</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">141,179,620</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">141,179,620</td><td style="text-align: left"> </td></tr> <tr id="xdx_400_eus-gaap--DebtSecuritiesAvailableForSaleRestricted_iI_zO9SqhqR6pzf" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Restricted assets (1)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">1,217,308</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">1,217,308</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td></tr> <tr id="xdx_407_eus-gaap--DebtSecuritiesAvailableForSaleRestricted_iI_zbOc18kirz7f" style="display: none; vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Restricted assets (1)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">1,217,308</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">1,217,308</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td></tr> <tr id="xdx_40C_eus-gaap--EquitySecuritiesFvNiRestricted_iI_zKFZnNlonbi7" style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Restricted assets (2)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">5,348,244</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">5,348,244</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td></tr> <tr id="xdx_402_eus-gaap--EquitySecuritiesFvNiRestricted_iI_zJ9zmZpt1Tni" style="display: none; vertical-align: bottom; background-color: White"> <td style="text-align: left">Restricted assets (2)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">5,348,244</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">5,348,244</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td></tr> <tr id="xdx_407_ecustom--CemeteryPerpetualCareTrustInvestments1_iI_zV55lfnfbAa1" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Cemetery perpetual care trust investments (1)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">254,731</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">254,731</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td></tr> <tr id="xdx_407_ecustom--CemeteryPerpetualCareTrustInvestments1_iI_zCFvgaOGiRn" style="display: none; vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Cemetery perpetual care trust investments (1)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">254,731</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">254,731</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td></tr> <tr id="xdx_402_ecustom--CemeteryPerpetualCareTrustInvestments2_iI_zvUpFpRi8LX3" style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Cemetery perpetual care trust investments (2)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">3,605,162</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">3,605,162</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td></tr> <tr id="xdx_405_ecustom--CemeteryPerpetualCareTrustInvestments2_iI_zFDEKZe8g1Nc" style="display: none; vertical-align: bottom; background-color: White"> <td style="text-align: left">Cemetery perpetual care trust investments (2)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">3,605,162</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">3,605,162</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td></tr> <tr id="xdx_40C_ecustom--DerivativesInterestRateLockCommitments_iI_zPm5Z5U2Gyok" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 1pt">Derivatives - loan commitments (3)</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">4,089,856</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">-</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">-</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">4,089,856</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_404_ecustom--DerivativesInterestRateLockCommitments_iI_zr5Ve8zos5Ve" style="display: none; vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 1pt">Derivatives - loan commitments (3)</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">4,089,856</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">-</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">-</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">4,089,856</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_40F_ecustom--AssetsFairValueDisclosureRecurring1_iI_zkh50EGsQeLi" style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 2.5pt">Total assets accounted for at fair value on a recurring basis</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">513,235,939</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">20,635,932</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">345,895,012</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">146,704,995</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Liabilities accounted for at fair value on a recurring basis</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr id="xdx_406_ecustom--DerivativesBankLoanInterestRateSwapsCallOptions_iI_zbl4eq0YjGek" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Derivatives - call options (4)</td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">(29,715</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">(29,715</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">-</td><td style="text-align: left"> </td></tr> <tr id="xdx_40D_ecustom--DerivativesBankLoanInterestRateSwapsPutOptions_iI_z9WROX4sQUU5" style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Derivatives - put options (4)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(13,888</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(13,888</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td></tr> <tr id="xdx_40B_ecustom--DerivativesBankLoanInterestRateSwapsInterestRateLockCommitments_iI_zhHOMXXqdgSk" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 1pt">Derivatives - loan commitments (4)</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">(1,382,979</td><td style="padding-bottom: 1pt; text-align: left">)</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">-</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">-</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">(1,382,979</td><td style="padding-bottom: 1pt; text-align: left">)</td></tr> <tr id="xdx_406_ecustom--DerivativesBankLoanInterestRateSwapsCallOptions_iI_z33ocPIN1EY8" style="display: none; vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Derivatives - call options (4)</td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">(29,715</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">(29,715</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">-</td><td style="text-align: left"> </td></tr> <tr id="xdx_401_ecustom--DerivativesBankLoanInterestRateSwapsPutOptions_iI_zWNsx6LkeBGh" style="display: none; vertical-align: bottom; background-color: White"> <td style="text-align: left">Derivatives - put options (4)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(13,888</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(13,888</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td></tr> <tr id="xdx_404_ecustom--DerivativesBankLoanInterestRateSwapsInterestRateLockCommitments_iI_zbwXF9YKyLlg" style="display: none; vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 1pt">Derivatives - loan commitments (4)</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">(1,382,979</td><td style="padding-bottom: 1pt; text-align: left">)</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">-</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">-</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">(1,382,979</td><td style="padding-bottom: 1pt; text-align: left">)</td></tr> <tr id="xdx_408_eus-gaap--FairValueLiabilitiesMeasuredOnRecurringBasisObligations_iNI_di_zp18uJg7oLsj" style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 2.5pt">Total liabilities accounted for at fair value on a recurring basis</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">(1,426,582</td><td style="padding-bottom: 2.5pt; text-align: left">)</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">(43,603</td><td style="padding-bottom: 2.5pt; text-align: left">)</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">-</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">(1,382,979</td><td style="padding-bottom: 2.5pt; text-align: left">)</td></tr> </table> <div style="width: 18%"><div style="border-top: Black 1pt solid; font-size: 1pt"> </div></div> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in">(1)</td> <td style="font: 10pt Times New Roman, Times, Serif">Fixed maturity securities available for sale</td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif">(2)</td> <td style="font: 10pt Times New Roman, Times, Serif">Equity securities</td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif">(3)</td> <td style="font: 10pt Times New Roman, Times, Serif">Included in other assets on the consolidated balance sheets</td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif">(4)</td> <td style="font: 10pt Times New Roman, Times, Serif">Included in other liabilities and accrued expenses on the consolidated balance sheets</td></tr> </table> SECURITY NATIONAL FINANCIAL CORPORATION AND SUBSIDIARIES Notes to Condensed Consolidated Financial Statements March 31, 2023 (Unaudited) 8) Fair Value of Financial Instruments (Continued) For Level 3 assets and liabilities measured at fair value on a recurring basis as of March 31, 2023, the significant unobservable inputs used in the fair value measurements were as follows: Assets and Liabilities Measured at Fair Value on A Recurring Basis <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: bottom"> <td> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2"> </td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td> </td><td style="padding-bottom: 1pt"> </td> <td style="padding-bottom: 1pt; text-align: center">Significant</td><td style="padding-bottom: 1pt"> </td> <td colspan="6" style="border-bottom: Black 1pt solid; text-align: center">Range of Inputs</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2"> </td><td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td> </td> <td colspan="2" style="text-align: center">Fair Value at</td><td> </td><td> </td> <td style="text-align: center">Valuation</td><td> </td> <td style="text-align: center">Unobservable</td><td> </td> <td colspan="2" style="text-align: center">Minimum</td><td> </td><td> </td> <td colspan="2" style="text-align: center">Maximum</td><td> </td><td> </td> <td colspan="2" style="text-align: center">Weighted</td><td> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">3/31/2023</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: center">Technique</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: center">Input(s)</td><td style="padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Value</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Value</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Average</td><td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 28%; text-align: left">Loans held for sale</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_98D_eus-gaap--LoansReceivableHeldForSaleAmount_iI_pp0p0_c20230331__us-gaap--SubsidiarySaleOfStockAxis__custom--LoansHeldForSale1Member_z71KsQszgwD5" style="width: 6%; text-align: right" title="Fair Value Balance">173,015,404</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="white-space: nowrap; width: 12%; text-align: left">Market approach</td><td style="width: 2%"> </td> <td style="width: 18%; text-align: left">Investor contract pricing as a percentage of unpaid principal balance</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 5%; text-align: right"><span id="xdx_902_ecustom--FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetAndLiabilityRangeOfInputsMinimum_pid_dp_uPure_c20230101__20230331__us-gaap--SubsidiarySaleOfStockAxis__custom--LoansHeldForSale1Member_zdjPv9C4Fgib" title="Fair Value Measurement, Range of Inputs, Minimum Value">70.0</td><td style="width: 1%; text-align: left">%</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 5%; text-align: right"><span id="xdx_900_ecustom--FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetAndLiabilityRangeOfInputsMaximum_pid_dp_uPure_c20230101__20230331__us-gaap--SubsidiarySaleOfStockAxis__custom--LoansHeldForSale1Member_zgffL2Ur1ew7" title="Fair Value Measurement, Range of Inputs, Maximum Value">111.0</td><td style="width: 1%; text-align: left">%</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 6%; text-align: right"><span id="xdx_907_ecustom--FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetAndLiabilityWeightedAverage_pid_dp_uPure_c20230101__20230331__us-gaap--SubsidiarySaleOfStockAxis__custom--LoansHeldForSale1Member_zLteXRdQID92" title="Fair Value Measurement With Unobservable Inputs Reconciliation, Recurring Basis, Asset And Liability, Weighted Average">100.0</td><td style="width: 1%; text-align: left">%</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td> </td><td> </td> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Derivatives - loan commitments (net)</td><td> </td> <td style="text-align: left"> </td><td id="xdx_982_ecustom--DerivativesInterestRateLockCommitments_iI_c20230331__us-gaap--SubsidiarySaleOfStockAxis__custom--NetDerivativesLoanCommitmentsMember_zM1YNipXFNpg" style="text-align: right" title="Fair Value Balance">3,384,829</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">Market approach</td><td> </td> <td style="text-align: left">Pull-through rate</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"><span id="xdx_90D_ecustom--FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetAndLiabilityRangeOfInputsMinimum_dp_c20230101__20230331__us-gaap--SubsidiarySaleOfStockAxis__custom--NetDerivativesLoanCommitmentsMember_z0hvHaY9d6Mg" title="Fair value measurement, range of inputs, minimum value">65.0</td><td style="text-align: left">%</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"><span id="xdx_907_ecustom--FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetAndLiabilityRangeOfInputsMaximum_dp_c20230101__20230331__us-gaap--SubsidiarySaleOfStockAxis__custom--NetDerivativesLoanCommitmentsMember_zHhrUxHsqHjl" title="Fair value measurement, range of inputs, maximum value">95.0</td><td style="text-align: left">%</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"><span id="xdx_908_ecustom--FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetAndLiabilityWeightedAverage_dp_c20230101__20230331__us-gaap--SubsidiarySaleOfStockAxis__custom--NetDerivativesLoanCommitmentsMember_zbiRf4pdmPT1" title="Fair value measurement with unobservable inputs reconciliation, recurring basis, asset and liability, weighted average">85.0</td><td style="text-align: left">%</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td> </td><td> </td> <td>Initial-Value</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">N/A</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">N/A</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">N/A</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td> </td><td> </td> <td>Servicing</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">0 bps</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">149 bps</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">45 bps</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td> </td><td> </td> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Fixed maturity securities available for sale</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98D_eus-gaap--AvailableForSaleSecuritiesDebtSecuritiesCurrent_iI_pp0p0_c20230331__us-gaap--SubsidiarySaleOfStockAxis__custom--FixedMaturitySecuritiesAvailableForSale1Member_zW51hka6ETn4" style="text-align: right" title="Fair Value Balance">1,435,519</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">Broker quotes</td><td> </td> <td style="text-align: left">Pricing quotes</td><td> </td> <td style="text-align: left">$</td><td id="xdx_98F_ecustom--FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetAndLiabilityOfInputsMinimum_pid_c20230101__20230331__us-gaap--SubsidiarySaleOfStockAxis__custom--FixedMaturitySecuritiesAvailableForSale1Member_zVxmrMZzRed4" style="text-align: right" title="Fair Value Measurement, Range of Inputs, Minimum Value, price per share">100.00</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td id="xdx_981_ecustom--FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetAndLiabilityRangeInputsMaximum_pid_c20230101__20230331__us-gaap--SubsidiarySaleOfStockAxis__custom--FixedMaturitySecuritiesAvailableForSale1Member_zp3JtyRCaGM4" style="text-align: right" title="Fair Value Measurement, Range of Inputs, Maximum Value, price per share">111.11</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td id="xdx_981_ecustom--FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetAndLiabilityWeightedAveragePricePerShare_pid_c20230101__20230331__us-gaap--SubsidiarySaleOfStockAxis__custom--FixedMaturitySecuritiesAvailableForSale1Member_ztHsjUJRXkM6" style="text-align: right" title="Fair Value Measurement With Unobservable Inputs Reconciliation, Recurring Basis, Asset And Liability, Weighted Average, price per share">104.97</td><td style="text-align: left"> </td></tr> </table> For Level 3 assets and liabilities measured at fair value on a recurring basis as of December 31, 2022, the significant unobservable inputs used in the fair value measurements were as follows: <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: bottom"> <td> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2"> </td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td> </td><td style="padding-bottom: 1pt"> </td> <td style="padding-bottom: 1pt; text-align: center">Significant</td><td style="padding-bottom: 1pt"> </td> <td colspan="6" style="border-bottom: Black 1pt solid; text-align: center">Range of Inputs</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2"> </td><td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td> </td> <td colspan="2" style="text-align: center">Fair Value at</td><td> </td><td> </td> <td style="text-align: center">Valuation</td><td> </td> <td style="text-align: center">Unobservable</td><td> </td> <td colspan="2" style="text-align: center">Minimum</td><td> </td><td> </td> <td colspan="2" style="text-align: center">Maximum</td><td> </td><td> </td> <td colspan="2" style="text-align: center">Weighted</td><td> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">12/31/2022</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: center">Technique</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: center">Input(s)</td><td style="padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Value</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Value</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Average</td><td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 28%; text-align: left">Loans held for sale</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_98A_eus-gaap--LoansReceivableHeldForSaleAmount_iI_pp0p0_c20221231__us-gaap--SubsidiarySaleOfStockAxis__custom--LoansHeldForSale1Member_z6CcZgAcFhl1" style="width: 6%; text-align: right" title="Fair Value Balance">141,179,620</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="white-space: nowrap; width: 12%; text-align: left">Market approach</td><td style="width: 2%"> </td> <td style="width: 18%; text-align: left">Investor contract pricing as a percentage of unpaid principal balance</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 5%; text-align: right"><span id="xdx_900_ecustom--FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetAndLiabilityRangeOfInputsMinimum_pid_dp_uPure_c20220101__20221231__us-gaap--SubsidiarySaleOfStockAxis__custom--LoansHeldForSale1Member_zHn7IoGps64j" title="Fair Value Measurement, Range of Inputs, Minimum Value">69.9</td><td style="width: 1%; text-align: left">%</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 5%; text-align: right"><span id="xdx_90B_ecustom--FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetAndLiabilityRangeOfInputsMaximum_pid_dp_uPure_c20220101__20221231__us-gaap--SubsidiarySaleOfStockAxis__custom--LoansHeldForSale1Member_zJluMLBNZ8Fd" title="Fair Value Measurement, Range of Inputs, Maximum Value">106.1</td><td style="width: 1%; text-align: left">%</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 6%; text-align: right"><span id="xdx_90E_ecustom--FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetAndLiabilityWeightedAverage_pid_dp_uPure_c20220101__20221231__us-gaap--SubsidiarySaleOfStockAxis__custom--LoansHeldForSale1Member_zls2mOwhtW5h" title="Fair Value Measurement With Unobservable Inputs Reconciliation, Recurring Basis, Asset And Liability, Weighted Average">99.8</td><td style="width: 1%; text-align: left">%</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td> </td><td> </td> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Derivatives - loan commitments (net)</td><td> </td> <td style="text-align: left"> </td><td id="xdx_983_ecustom--DerivativesInterestRateLockCommitments_iI_c20221231__us-gaap--SubsidiarySaleOfStockAxis__custom--NetDerivativesLoanCommitmentsMember_zkMnJPTF6aw7" style="text-align: right" title="Fair Value Balance">2,706,877</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">Market approach</td><td> </td> <td style="text-align: left">Pull-through rate</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"><span id="xdx_902_ecustom--FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetAndLiabilityRangeOfInputsMinimum_dp_c20220101__20221231__us-gaap--SubsidiarySaleOfStockAxis__custom--NetDerivativesLoanCommitmentsMember_zz1nQSQ1OWsj" title="Fair value measurement, range of inputs, minimum value">65.0</td><td style="text-align: left">%</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"><span id="xdx_90E_ecustom--FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetAndLiabilityRangeOfInputsMaximum_dp_c20220101__20221231__us-gaap--SubsidiarySaleOfStockAxis__custom--NetDerivativesLoanCommitmentsMember_z4ZsvPuqkDY8" title="Fair value measurement, range of inputs, maximum value">95.0</td><td style="text-align: left">%</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"><span id="xdx_908_ecustom--FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetAndLiabilityWeightedAverage_dp_c20220101__20221231__us-gaap--SubsidiarySaleOfStockAxis__custom--NetDerivativesLoanCommitmentsMember_zJxzyvgQieYc" title="Fair value measurement with unobservable inputs reconciliation, recurring basis, asset and liability, weighted average">82.2</td><td style="text-align: left">%</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td> </td><td> </td> <td>Initial-Value</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">N/A</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">N/A</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">N/A</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td> </td><td> </td> <td>Servicing</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">0 bps</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">153 bps</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">73 bps</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td> </td><td> </td> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Fixed maturity securities available for sale</td><td> </td> <td style="text-align: left"> </td><td id="xdx_986_eus-gaap--AvailableForSaleSecuritiesDebtSecuritiesCurrent_iI_pp0p0_c20221231__us-gaap--SubsidiarySaleOfStockAxis__custom--FixedMaturitySecuritiesAvailableForSale1Member_zgSjDrJRK0kh" style="text-align: right" title="Fair Value Balance">1,435,519</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">Broker quotes</td><td> </td> <td style="text-align: left">Pricing quotes</td><td> </td> <td style="text-align: left">$</td><td id="xdx_98C_ecustom--FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetAndLiabilityOfInputsMinimum_pid_c20220101__20221231__us-gaap--SubsidiarySaleOfStockAxis__custom--FixedMaturitySecuritiesAvailableForSale1Member_zIDhq4fhUNIi" style="text-align: right" title="Fair Value Measurement, Range of Inputs, Minimum Value, price per share">100.00</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td id="xdx_980_ecustom--FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetAndLiabilityRangeInputsMaximum_pid_c20220101__20221231__us-gaap--SubsidiarySaleOfStockAxis__custom--FixedMaturitySecuritiesAvailableForSale1Member_zBee42DuyXI6" style="text-align: right" title="Fair Value Measurement, Range of Inputs, Maximum Value, price per share">111.11</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td id="xdx_983_ecustom--FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetAndLiabilityWeightedAveragePricePerShare_pid_c20220101__20221231__us-gaap--SubsidiarySaleOfStockAxis__custom--FixedMaturitySecuritiesAvailableForSale1Member_ziA4V7NEZNM5" style="text-align: right" title="Fair Value Measurement With Unobservable Inputs Reconciliation, Recurring Basis, Asset And Liability, Weighted Average, price per share">104.97</td><td style="text-align: left"> </td></tr> </table> SECURITY NATIONAL FINANCIAL CORPORATION AND SUBSIDIARIES Notes to Condensed Consolidated Financial Statements March 31, 2023 (Unaudited) 8) Fair Value of Financial Instruments (Continued) <p id="xdx_89B_ecustom--ScheduleOfChangesInTheConsolidatedBalanceSheetLineItemsMeasuredUsingLevel3InputsTableTextBlock_zlSqYclqJob" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The following table is a summary of changes in the condensed consolidated balance sheet line items measured using level 3 inputs for the three month periods ended March 31, 2023: Schedule of Changes in the Condensed Consolidated Balance Sheet Line Items Measured Using Level 3 Inputs <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 90%"> <tr style="vertical-align: bottom"> <td> </td><td style="padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Net Loan Commitments</td><td style="padding-bottom: 1.5pt"> </td><td style="padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Loans Held for Sale</td><td style="padding-bottom: 1.5pt"> </td><td style="padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Fixed Maturity Securities Available for Sale</td><td style="padding-bottom: 1.5pt"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 46%">Balance - December 31, 2022</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_98E_ecustom--DerivativesInterestRateLockCommitments_iS_c20230101__20230331__us-gaap--SubsidiarySaleOfStockAxis__custom--NetDerivativesLoanCommitmentsMember_zm1THmWLKMnb" style="width: 14%; text-align: right" title="Net loan commitments, beginning">2,706,877</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_983_eus-gaap--LoansReceivableHeldForSaleAmount_iS_c20230101__20230331__us-gaap--SubsidiarySaleOfStockAxis__custom--LoansHeldForSale1Member_zJrQ7lOF0zn8" style="width: 14%; text-align: right" title="Loans Held for Sale, Beginning">141,179,620</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_982_eus-gaap--AvailableForSaleSecuritiesDebtSecuritiesCurrent_iS_pp0p0_c20230101__20230331__us-gaap--SubsidiarySaleOfStockAxis__custom--FixedMaturitySecuritiesAvailableForSale1Member_z3lPT5WaT66k" style="width: 14%; text-align: right" title="Fixed Maturity Securities Available for Sale, Beginning">1,435,519</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Originations and purchases</td><td> </td> <td style="text-align: left"> </td><td id="xdx_987_ecustom--Originations_pp0p0_c20230101__20230331__us-gaap--SubsidiarySaleOfStockAxis__custom--NetDerivativesLoanCommitmentsMember_zhvMRjSF4Y4c" style="text-align: right" title="Originations and purchases">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98D_ecustom--OriginationsOfLoansHeldForSale_pp0p0_c20230101__20230331__us-gaap--SubsidiarySaleOfStockAxis__custom--LoansHeldForSale1Member_zRzslO6U25la" style="text-align: right" title="Originations and purchases">531,867,796</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98D_eus-gaap--PaymentsToAcquireAvailableForSaleSecuritiesDebt_pp0p0_c20230101__20230331__us-gaap--SubsidiarySaleOfStockAxis__custom--FixedMaturitySecuritiesAvailableForSale1Member_zqa3eUypJPC4" style="text-align: right" title="Originations and purchases">-</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Sales, maturities and paydowns</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98F_ecustom--Sales_c20230101__20230331__us-gaap--SubsidiarySaleOfStockAxis__custom--NetDerivativesLoanCommitmentsMember_zdXZaRt7GGp4" style="text-align: right" title="Sales, maturities and paydowns">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_982_eus-gaap--ProceedsFromSaleOfLoansHeldForSale_iN_pp0p0_di_c20230101__20230331__us-gaap--SubsidiarySaleOfStockAxis__custom--LoansHeldForSale1Member_zsSrGQxkEOqi" style="text-align: right" title="Sales, maturities and paydowns">(511,909,942</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td id="xdx_987_eus-gaap--ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities_iN_pp0p0_di_c20230101__20230331__us-gaap--SubsidiarySaleOfStockAxis__custom--FixedMaturitySecuritiesAvailableForSale1Member_zDehuOWkvqlh" style="text-align: right" title="Sales, maturities and paydowns">-</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Total gains (losses):</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-bottom: 1pt; padding-left: 10pt; text-align: left">Included in earnings</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_986_ecustom--FairValueLossesGainsIncludedInEarnings_c20230101__20230331__us-gaap--SubsidiarySaleOfStockAxis__custom--NetDerivativesLoanCommitmentsMember_fKDEp_zpQENhjviFi4" style="border-bottom: Black 1pt solid; text-align: right" title="Total gains (losses) included in earnings">677,952</td><td style="border-bottom: Black 1pt solid; text-align: left">(1)</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_983_ecustom--FairValueLossesGainsIncludedInEarnings_pp0p0_c20230101__20230331__us-gaap--SubsidiarySaleOfStockAxis__custom--LoansHeldForSale1Member_fKDEp_zEk6vnKCekY9" style="border-bottom: Black 1pt solid; text-align: right" title="Total gains (losses) included in earnings">11,877,930</td><td style="border-bottom: Black 1pt solid; text-align: left">(1)</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_986_eus-gaap--InvestmentIncomeNetAmortizationOfDiscountAndPremium_pp0p0_c20230101__20230331__us-gaap--SubsidiarySaleOfStockAxis__custom--FixedMaturitySecuritiesAvailableForSale1Member_fKDIp_zN0NyrPGSOx3" style="border-bottom: Black 1pt solid; text-align: right" title="Total gains (losses) included in earnings">-</td><td style="border-bottom: Black 1pt solid; text-align: left">(2)</td></tr> <tr style="display: none; vertical-align: bottom; background-color: White"> <td style="padding-bottom: 1pt; padding-left: 10pt; text-align: left">Included in other comprehensive income</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_984_ecustom--TotalGainsLossesIncludedInOtherComprehensiveIncome_c20230101__20230331__us-gaap--SubsidiarySaleOfStockAxis__custom--NetDerivativesLoanCommitmentsMember_zO68n0kF5tkg" style="border-bottom: Black 1pt solid; text-align: right" title="Total gains (losses) included in other comprehensive income">-</td><td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98C_ecustom--TotalGainsLossesIncludedInOtherComprehensiveIncome_pp0p0_c20230101__20230331__us-gaap--SubsidiarySaleOfStockAxis__custom--LoansHeldForSale1Member_zQDX0vTjPqmg" style="border-bottom: Black 1pt solid; text-align: right" title="Total gains (losses) included in other comprehensive income">-</td><td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98F_eus-gaap--OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax_pp0p0_c20230101__20230331__us-gaap--SubsidiarySaleOfStockAxis__custom--FixedMaturitySecuritiesAvailableForSale1Member_zgpOJkfOduc5" style="border-bottom: Black 1pt solid; text-align: right" title="Total gains (losses) included in other comprehensive income">-</td><td style="border-bottom: Black 1pt solid; text-align: left"/></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-bottom: 2.5pt">Balance - March 31, 2023</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_987_ecustom--DerivativesInterestRateLockCommitments_iE_c20230101__20230331__us-gaap--SubsidiarySaleOfStockAxis__custom--NetDerivativesLoanCommitmentsMember_zkHrn5qyerTi" style="border-bottom: Black 2.5pt double; text-align: right" title="Net loan commitments, ending">3,384,829</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_987_eus-gaap--LoansReceivableHeldForSaleAmount_iE_pp0p0_c20230101__20230331__us-gaap--SubsidiarySaleOfStockAxis__custom--LoansHeldForSale1Member_ztwctXQv4us3" style="border-bottom: Black 2.5pt double; text-align: right" title="Loans Held for Sale, Ending">173,015,404</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98A_eus-gaap--AvailableForSaleSecuritiesDebtSecuritiesCurrent_iE_pp0p0_c20230101__20230331__us-gaap--SubsidiarySaleOfStockAxis__custom--FixedMaturitySecuritiesAvailableForSale1Member_z00tBKetcNhj" style="border-bottom: Black 2.5pt double; text-align: right" title="Fixed Maturity Securities Available for Sale, Ending">1,435,519</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> <div style="width: 20%"><div style="border-top: Black 1.5pt solid; font-size: 1pt"> </div></div> <table border="0" cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"> <tr style="vertical-align: top"> <td style="width: 0.25in">(1)</td> <td>As a component of Mortgage fee income on the condensed consolidated statements of earnings</td></tr> <tr style="vertical-align: top"> <td style="width: 0.25in">(2)</td> <td>As a component of Net investment income on the condensed consolidated statements of earnings</td></tr> </table> The following table is a summary of changes in the condensed consolidated balance sheet line items measured using level 3 inputs for the three month periods ended March 31, 2022: <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 90%"> <tr style="vertical-align: bottom"> <td> </td><td style="padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Net Loan Commitments</td><td style="padding-bottom: 1.5pt"> </td><td style="padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Loans Held for Sale</td><td style="padding-bottom: 1.5pt"> </td><td style="padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Fixed Maturity Securities Available for Sale</td><td style="padding-bottom: 1.5pt"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 46%">Balance - December 31, 2021</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_988_ecustom--DerivativesInterestRateLockCommitments_iS_c20220101__20220331__us-gaap--SubsidiarySaleOfStockAxis__custom--NetDerivativesLoanCommitmentsMember_zxo50LaK5Jha" style="width: 14%; text-align: right" title="Net loan commitments, beginning">7,015,515</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_986_eus-gaap--LoansReceivableHeldForSaleAmount_iS_c20220101__20220331__us-gaap--SubsidiarySaleOfStockAxis__custom--LoansHeldForSale1Member_z1gjXKsBAGMe" style="width: 14%; text-align: right" title="Loans Held for Sale, Beginning">302,776,827</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_983_eus-gaap--AvailableForSaleSecuritiesDebtSecuritiesCurrent_iS_pp0p0_c20220101__20220331__us-gaap--SubsidiarySaleOfStockAxis__custom--FixedMaturitySecuritiesAvailableForSale1Member_z5mr8kAZ9udc" style="width: 14%; text-align: right" title="Fixed Maturity Securities Available for Sale, Beginning">2,023,348</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Originations and purchases</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98A_ecustom--Originations_pp0p0_c20220101__20220331__us-gaap--SubsidiarySaleOfStockAxis__custom--NetDerivativesLoanCommitmentsMember_zdYJz7OXc2N7" style="text-align: right" title="Originations and purchases">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_982_ecustom--OriginationsOfLoansHeldForSale_pp0p0_c20220101__20220331__us-gaap--SubsidiarySaleOfStockAxis__custom--LoansHeldForSale1Member_zeX7Byp4u0mf" style="text-align: right" title="Originations and purchases">1,039,216,582</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_981_eus-gaap--PaymentsToAcquireAvailableForSaleSecuritiesDebt_pp0p0_c20220101__20220331__us-gaap--SubsidiarySaleOfStockAxis__custom--FixedMaturitySecuritiesAvailableForSale1Member_zj6ycfRtzIOj" style="text-align: right" title="Originations and purchases">-</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Sales, maturities and paydowns</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98A_ecustom--Sales_c20220101__20220331__us-gaap--SubsidiarySaleOfStockAxis__custom--NetDerivativesLoanCommitmentsMember_zLBUbUeNZcXl" style="text-align: right" title="Sales, maturities and paydowns">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_980_eus-gaap--ProceedsFromSaleOfLoansHeldForSale_iN_pp0p0_di_c20220101__20220331__us-gaap--SubsidiarySaleOfStockAxis__custom--LoansHeldForSale1Member_zQPoUchQCuOe" style="text-align: right" title="Sales, maturities and paydowns">(1,132,085,830</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td id="xdx_982_eus-gaap--ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities_iN_pp0p0_di_c20220101__20220331__us-gaap--SubsidiarySaleOfStockAxis__custom--FixedMaturitySecuritiesAvailableForSale1Member_z9GsfiegMn9l" style="text-align: right" title="Sales, maturities and paydowns">(11,950</td><td style="text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Total gains (losses):</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 10pt; text-align: left">Included in earnings</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98E_ecustom--FairValueLossesGainsIncludedInEarnings_c20220101__20220331__us-gaap--SubsidiarySaleOfStockAxis__custom--NetDerivativesLoanCommitmentsMember_fKDEp_z5Y4Uj8Q5R82" style="text-align: right" title="Total gains (losses) included in earnings">2,675,371</td><td style="text-align: left">(1)</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98A_ecustom--FairValueLossesGainsIncludedInEarnings_pp0p0_c20220101__20220331__us-gaap--SubsidiarySaleOfStockAxis__custom--LoansHeldForSale1Member_fKDEp_zxcFaVgm0Jpi" style="text-align: right" title="Total gains (losses) included in earnings">24,105,293</td><td style="text-align: left">(1)</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98C_eus-gaap--InvestmentIncomeNetAmortizationOfDiscountAndPremium_pp0p0_c20220101__20220331__us-gaap--SubsidiarySaleOfStockAxis__custom--FixedMaturitySecuritiesAvailableForSale1Member_fKDIp_zpRVWJCbDaob" style="text-align: right" title="Total gains (losses) included in earnings">961</td><td style="text-align: left">(2)</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-bottom: 1pt; padding-left: 10pt; text-align: left">Included in other comprehensive income</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_987_ecustom--TotalGainsLossesIncludedInOtherComprehensiveIncome_c20220101__20220331__us-gaap--SubsidiarySaleOfStockAxis__custom--NetDerivativesLoanCommitmentsMember_zLazzqO0diba" style="border-bottom: Black 1pt solid; text-align: right" title="Total gains (losses) included in other comprehensive income">-</td><td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98A_ecustom--TotalGainsLossesIncludedInOtherComprehensiveIncome_pp0p0_c20220101__20220331__us-gaap--SubsidiarySaleOfStockAxis__custom--LoansHeldForSale1Member_zPLDUEDqpvnc" style="border-bottom: Black 1pt solid; text-align: right" title="Total gains (losses) included in other comprehensive income">-</td><td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98E_eus-gaap--OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax_pp0p0_c20220101__20220331__us-gaap--SubsidiarySaleOfStockAxis__custom--FixedMaturitySecuritiesAvailableForSale1Member_zGleWl9S0Wu7" style="border-bottom: Black 1pt solid; text-align: right" title="Total gains (losses) included in other comprehensive income">(587</td><td style="border-bottom: Black 1pt solid; text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-bottom: 2.5pt">Balance - March 31, 2022</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_987_ecustom--DerivativesInterestRateLockCommitments_iE_c20220101__20220331__us-gaap--SubsidiarySaleOfStockAxis__custom--NetDerivativesLoanCommitmentsMember_z6uASs9Hcnac" style="border-bottom: Black 2.5pt double; text-align: right" title="Net loan commitments, ending">9,690,886</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98A_eus-gaap--LoansReceivableHeldForSaleAmount_iE_pp0p0_c20220101__20220331__us-gaap--SubsidiarySaleOfStockAxis__custom--LoansHeldForSale1Member_zeemAdIkdl1j" style="border-bottom: Black 2.5pt double; text-align: right" title="Loans Held for Sale, Ending">234,012,872</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98A_eus-gaap--AvailableForSaleSecuritiesDebtSecuritiesCurrent_iE_pp0p0_c20220101__20220331__us-gaap--SubsidiarySaleOfStockAxis__custom--FixedMaturitySecuritiesAvailableForSale1Member_zj7aDHST0k1e" style="border-bottom: Black 2.5pt double; text-align: right" title="Fixed Maturity Securities Available for Sale, Ending">2,011,772</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> <div style="width: 20%"><div style="border-top: Black 1.5pt solid; font-size: 1pt"> </div></div> <table border="0" cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"> <tr style="vertical-align: top"> <td style="width: 0.25in">(1)</td> <td>As a component of Mortgage fee income on the condensed consolidated statements of earnings </td></tr> <tr style="vertical-align: top"> <td style="width: 0.25in">(2)</td> <td>As a component of Net investment income on the condensed consolidated statements of earnings</td></tr> </table> SECURITY NATIONAL FINANCIAL CORPORATION AND SUBSIDIARIES Notes to Condensed Consolidated Financial Statements March 31, 2023 (Unaudited) 8) Fair Value of Financial Instruments (Continued) The Company didn’t have any financial assets and financial liabilities measured at fair value on a nonrecurring basis at March 31, 2023. The following table summarizes Level 1, 2 and 3 financial assets and financial liabilities measured at fair value on a nonrecurring basis by their classification in the condensed consolidated balance sheet at December 31, 2022. Schedule of Fair Value Assets Measured on a Nonrecurring Basis <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: bottom"> <td> </td><td style="padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Total</td><td style="padding-bottom: 1.5pt"> </td><td style="padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Quoted Prices in Active Markets for Identical Assets (Level 1)</td><td style="padding-bottom: 1.5pt"> </td><td style="padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Significant Observable Inputs (Level 2)</td><td style="padding-bottom: 1.5pt"> </td><td style="padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Significant Unobservable Inputs (Level 3)</td><td style="padding-bottom: 1.5pt"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Assets accounted for at fair value on a nonrecurring basis</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="width: 40%; text-align: left; padding-bottom: 1.5pt">Impaired mortgage loans held for investment</td><td style="width: 2%; padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; width: 1%; text-align: left">$</td><td id="xdx_98E_eus-gaap--MortgageLoansOnRealEstateCommercialAndConsumerNet_iI_pp0p0_c20221231__us-gaap--FairValueByMeasurementFrequencyAxis__us-gaap--FairValueMeasurementsNonrecurringMember_zeVQNkly5bIj" style="border-bottom: Black 1pt solid; width: 11%; text-align: right" title="Impaired mortgage loans held for investment">794,224</td><td style="width: 1%; padding-bottom: 1.5pt; text-align: left"> </td><td style="width: 2%; padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; width: 1%; text-align: left">$</td><td id="xdx_984_eus-gaap--MortgageLoansOnRealEstateCommercialAndConsumerNet_iI_pp0p0_c20221231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member__us-gaap--FairValueByMeasurementFrequencyAxis__us-gaap--FairValueMeasurementsNonrecurringMember_zQOeESCZwWTi" style="border-bottom: Black 1pt solid; width: 11%; text-align: right" title="Impaired mortgage loans held for investment">-</td><td style="width: 1%; padding-bottom: 1.5pt; text-align: left"> </td><td style="width: 2%; padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; width: 1%; text-align: left">$</td><td id="xdx_98A_eus-gaap--MortgageLoansOnRealEstateCommercialAndConsumerNet_iI_pp0p0_c20221231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member__us-gaap--FairValueByMeasurementFrequencyAxis__us-gaap--FairValueMeasurementsNonrecurringMember_z8zyr8zE10l8" style="border-bottom: Black 1pt solid; width: 11%; text-align: right" title="Impaired mortgage loans held for investment">-</td><td style="width: 1%; padding-bottom: 1.5pt; text-align: left"> </td><td style="width: 2%; padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; width: 1%; text-align: left">$</td><td id="xdx_985_eus-gaap--MortgageLoansOnRealEstateCommercialAndConsumerNet_iI_pp0p0_c20221231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member__us-gaap--FairValueByMeasurementFrequencyAxis__us-gaap--FairValueMeasurementsNonrecurringMember_zvRl1D6yeZsb" style="border-bottom: Black 1pt solid; width: 11%; text-align: right" title="Impaired mortgage loans held for investment">794,224</td><td style="width: 1%; padding-bottom: 1.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 2.5pt">Total assets accounted for at fair value on a nonrecurring basis</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98D_ecustom--AssetsFairValueDisclosureNonrecurring2_iI_pp0p0_c20221231__us-gaap--FairValueByMeasurementFrequencyAxis__us-gaap--FairValueMeasurementsNonrecurringMember_zVhGEPcd5qW6" style="border-bottom: Black 2.5pt double; text-align: right" title="Assets fair value disclosure nonrecurring">794,224</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98F_ecustom--AssetsFairValueDisclosureNonrecurring2_iI_pp0p0_c20221231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member__us-gaap--FairValueByMeasurementFrequencyAxis__us-gaap--FairValueMeasurementsNonrecurringMember_zdJ1zpAXk8W8" style="border-bottom: Black 2.5pt double; text-align: right" title="Assets fair value disclosure nonrecurring">-</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98B_ecustom--AssetsFairValueDisclosureNonrecurring2_iI_pp0p0_c20221231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member__us-gaap--FairValueByMeasurementFrequencyAxis__us-gaap--FairValueMeasurementsNonrecurringMember_zDjtjld4kC7f" style="border-bottom: Black 2.5pt double; text-align: right" title="Assets fair value disclosure nonrecurring">-</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_984_ecustom--AssetsFairValueDisclosureNonrecurring2_iI_pp0p0_c20221231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member__us-gaap--FairValueByMeasurementFrequencyAxis__us-gaap--FairValueMeasurementsNonrecurringMember_zPWPQWwowhWk" style="border-bottom: Black 2.5pt double; text-align: right" title="Assets fair value disclosure nonrecurring">794,224</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> Fair Value of Financial Instruments Carried at Other Than Fair Value ASC 825, Financial Instruments, requires disclosure of fair value information about financial instruments, whether or not recognized in the balance sheet, for which it is practicable to estimate that value. Management uses its best judgment in estimating the fair value of the Company’s financial instruments; however, there are inherent limitations in any estimation technique. Therefore, for substantially all financial instruments, the fair value estimates presented herein are not necessarily indicative of the amounts the Company could have realized in a sales transaction at March 31, 2023 and December 31, 2022. The carrying values and estimated fair values for such financial instruments, and their corresponding placement in the fair value hierarchy, are summarized as follows as of March 31, 2023: Schedule of Financial Instruments Carried at Other Than Fair Value <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: bottom"> <td> </td><td style="padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Carrying Value</td><td style="padding-bottom: 1.5pt"> </td><td style="padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Level 1</td><td style="padding-bottom: 1.5pt"> </td><td style="padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Level 2</td><td style="padding-bottom: 1.5pt"> </td><td style="padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Level 3</td><td style="padding-bottom: 1.5pt"> </td><td style="padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Total Estimated Fair Value</td><td style="padding-bottom: 1.5pt"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td>Assets</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Mortgage loans held for investment</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 10pt; width: 35%">Residential</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_98A_eus-gaap--MortgageLoansOnRealEstateCommercialAndConsumerNet_iI_pp0p0_c20230331__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember_zpucpRGxhZ37" style="width: 9%; text-align: right" title="Mortgage loans held for investment">91,417,171</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_988_eus-gaap--MortgageLoansOnRealEstateCommercialAndConsumerNet_iI_pp0p0_c20230331__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember_zfEKYxkALT72" style="width: 9%; text-align: right" title="Mortgage loans held for investment">-</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_985_eus-gaap--MortgageLoansOnRealEstateCommercialAndConsumerNet_iI_pp0p0_c20230331__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember_zgudiJbItOWb" style="width: 9%; text-align: right" title="Mortgage loans held for investment">-</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_980_eus-gaap--MortgageLoansOnRealEstateCommercialAndConsumerNet_iI_pp0p0_c20230331__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember_zjTnvVDHwUt6" style="width: 9%; text-align: right" title="Mortgage loans held for investment">89,949,922</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_984_eus-gaap--FinancialInstrumentsOwnedMortgagesMortgageBackedAndAssetBackedSecuritiesAtFairValue_iI_pp0p0_c20230331__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember_zGaeG9c8B0e1" style="width: 9%; text-align: right" title="Mortgage loans held for investment, estimated fair value">89,949,922</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-left: 10pt; text-align: left">Residential construction</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98F_eus-gaap--MortgageLoansOnRealEstateCommercialAndConsumerNet_iI_pp0p0_c20230331__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember_zcsHZO9GPzTa" style="text-align: right" title="Mortgage loans held for investment">145,531,682</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_987_eus-gaap--MortgageLoansOnRealEstateCommercialAndConsumerNet_iI_pp0p0_c20230331__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember_zcIp8yAUWR66" style="text-align: right" title="Mortgage loans held for investment">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_984_eus-gaap--MortgageLoansOnRealEstateCommercialAndConsumerNet_iI_pp0p0_c20230331__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember_zP6paS6bmA71" style="text-align: right" title="Mortgage loans held for investment">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_983_eus-gaap--MortgageLoansOnRealEstateCommercialAndConsumerNet_iI_pp0p0_c20230331__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember_zbPFidQieRxe" style="text-align: right" title="Mortgage loans held for investment">145,531,682</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98A_eus-gaap--FinancialInstrumentsOwnedMortgagesMortgageBackedAndAssetBackedSecuritiesAtFairValue_iI_pp0p0_c20230331__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember_zxdmabuJd0O2" style="text-align: right" title="Mortgage loans held for investment, estimated fair value">145,531,682</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 10pt; padding-bottom: 1.5pt">Commercial</td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_982_eus-gaap--MortgageLoansOnRealEstateCommercialAndConsumerNet_iI_pp0p0_c20230331__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember_zIVrw7SVXbZ9" style="border-bottom: Black 1pt solid; text-align: right" title="Mortgage loans held for investment">49,597,786</td><td style="padding-bottom: 1.5pt; text-align: left"> </td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_983_eus-gaap--MortgageLoansOnRealEstateCommercialAndConsumerNet_iI_pp0p0_c20230331__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember_zgWdpCJYzAi2" style="border-bottom: Black 1pt solid; text-align: right" title="Mortgage loans held for investment">-</td><td style="padding-bottom: 1.5pt; text-align: left"> </td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_983_eus-gaap--MortgageLoansOnRealEstateCommercialAndConsumerNet_iI_pp0p0_c20230331__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember_zD0Xl9qaTIre" style="border-bottom: Black 1pt solid; text-align: right" title="Mortgage loans held for investment">-</td><td style="padding-bottom: 1.5pt; text-align: left"> </td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_988_eus-gaap--MortgageLoansOnRealEstateCommercialAndConsumerNet_iI_pp0p0_c20230331__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember_zj7mOsyZh61a" style="border-bottom: Black 1pt solid; text-align: right" title="Mortgage loans held for investment">48,049,451</td><td style="padding-bottom: 1.5pt; text-align: left"> </td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_989_eus-gaap--FinancialInstrumentsOwnedMortgagesMortgageBackedAndAssetBackedSecuritiesAtFairValue_iI_pp0p0_c20230331__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember_zSFAtmdtKApg" style="border-bottom: Black 1pt solid; text-align: right" title="Mortgage loans held for investment, estimated fair value">48,049,451</td><td style="padding-bottom: 1.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Mortgage loans held for investment, net</td><td> </td> <td style="text-align: left">$</td><td id="xdx_98A_eus-gaap--MortgageLoansOnRealEstateCommercialAndConsumerNet_iI_pp0p0_c20230331__us-gaap--FinancialInstrumentAxis__custom--MortgageLoansNet1Member_zzMLxYojFl57" style="text-align: right" title="Mortgage loans held for investment">286,546,639</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td id="xdx_98B_eus-gaap--MortgageLoansOnRealEstateCommercialAndConsumerNet_iI_pp0p0_c20230331__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member__us-gaap--FinancialInstrumentAxis__custom--MortgageLoansNet1Member_zNUbTcDfHBC9" style="text-align: right" title="Mortgage loans held for investment">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td id="xdx_98B_eus-gaap--MortgageLoansOnRealEstateCommercialAndConsumerNet_iI_pp0p0_c20230331__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member__us-gaap--FinancialInstrumentAxis__custom--MortgageLoansNet1Member_zhoM0t2RGVKj" style="text-align: right" title="Mortgage loans held for investment">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td id="xdx_98B_eus-gaap--MortgageLoansOnRealEstateCommercialAndConsumerNet_iI_pp0p0_c20230331__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member__us-gaap--FinancialInstrumentAxis__custom--MortgageLoansNet1Member_znXhcmGF9ce3" style="text-align: right" title="Mortgage loans held for investment">283,531,055</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td id="xdx_98C_eus-gaap--FinancialInstrumentsOwnedMortgagesMortgageBackedAndAssetBackedSecuritiesAtFairValue_iI_pp0p0_c20230331__us-gaap--FinancialInstrumentAxis__custom--MortgageLoansNet1Member_z1m0tzyJRspc" style="text-align: right" title="Mortgage loans held for investment, estimated fair value">283,531,055</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Policy loans</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98E_ecustom--PolicyAndOtherLoansReceivableNet1_iI_c20230331__us-gaap--FinancialInstrumentAxis__custom--PolicyLoanMember_zKykmJWXeF59" style="text-align: right" title="Other investments and policy loans">13,012,347</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_989_ecustom--PolicyAndOtherLoansReceivableNet1_iI_c20230331__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member__us-gaap--FinancialInstrumentAxis__custom--PolicyLoanMember_zjsjiltAMyec" style="text-align: right" title="Other investments and policy loans">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98B_eus-gaap--MortgageLoansOnRealEstateCommercialAndConsumerNet_iI_c20230331__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member__us-gaap--FinancialInstrumentAxis__custom--PolicyLoanMember_zyxFi08g6bVf" style="text-align: right" title="Mortgage loans held for investment">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_984_ecustom--PolicyAndOtherLoansReceivableNet1_iI_c20230331__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member__us-gaap--FinancialInstrumentAxis__custom--PolicyLoanMember_zCPGklFoWpPe" style="text-align: right" title="Other investments and policy loans">13,012,347</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98C_ecustom--FairValueOfPolicyAndOtherLoansReceivable_iI_c20230331__us-gaap--FinancialInstrumentAxis__custom--PolicyLoanMember_zdhApNdjenRi" style="text-align: right" title="Other investments and policy loans, estimated fair value">13,012,347</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Insurance assignments, net (1)</td><td> </td> <td style="text-align: left"> </td><td id="xdx_983_ecustom--PolicyAndOtherLoansReceivableNet1_iI_c20230331__us-gaap--FinancialInstrumentAxis__custom--InsuranceAssignmentsMember_fKDEp_z1lCovpOjZxd" style="text-align: right" title="Other investments and policy loans">43,887,930</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98D_ecustom--PolicyAndOtherLoansReceivableNet1_iI_c20230331__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member__us-gaap--FinancialInstrumentAxis__custom--InsuranceAssignmentsMember_fKDEp_zMqn2YmQwMDe" style="text-align: right" title="Other investments and policy loans">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_980_ecustom--PolicyAndOtherLoansReceivableNet1_iI_c20230331__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member__us-gaap--FinancialInstrumentAxis__custom--InsuranceAssignmentsMember_fKDEp_zWjCeHg2zqWc" style="text-align: right" title="Other investments and policy loans">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_986_ecustom--PolicyAndOtherLoansReceivableNet1_iI_c20230331__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member__us-gaap--FinancialInstrumentAxis__custom--InsuranceAssignmentsMember_fKDEp_zjitNAa5InB1" style="text-align: right" title="Other investments and policy loans">43,887,930</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98D_ecustom--FairValueOfPolicyAndOtherLoansReceivable_iI_c20230331__us-gaap--FinancialInstrumentAxis__custom--InsuranceAssignmentsMember_fKDEp_zdT06AhxlpSf" style="text-align: right" title="Other investments and policy loans, estimated fair value">43,887,930</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Restricted assets (2)</td><td> </td> <td style="text-align: left"> </td><td id="xdx_987_eus-gaap--RestrictedInvestments_iI_pp0p0_c20230331__us-gaap--FinancialInstrumentAxis__custom--RestrictedAssets1Member_fKDIp_z4dk685XTDmk" style="text-align: right" title="Restricted assets">2,936,896</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_984_eus-gaap--RestrictedInvestments_iI_pp0p0_c20230331__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member__us-gaap--FinancialInstrumentAxis__custom--RestrictedAssets1Member_fKDIp_zvmcdxG4FOrk" style="text-align: right" title="Restricted assets">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98A_eus-gaap--RestrictedInvestments_iI_pp0p0_c20230331__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member__us-gaap--FinancialInstrumentAxis__custom--RestrictedAssets1Member_fKDIp_zQjd5tA437e4" style="text-align: right" title="Restricted assets">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_983_eus-gaap--RestrictedInvestments_iI_pp0p0_c20230331__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member__us-gaap--FinancialInstrumentAxis__custom--RestrictedAssets1Member_fKDIp_zZWQwyiA9Wli" style="text-align: right" title="Restricted assets">2,936,896</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98C_eus-gaap--RestrictedInvestmentsAtFairValue_iI_pp0p0_c20230331__us-gaap--FinancialInstrumentAxis__custom--RestrictedAssets1Member_fKDIp_z4K9zb8ECuHc" style="text-align: right" title="Restricted assets, estimated fair value">2,936,896</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Cemetery perpetual care trust investments (2)</td><td> </td> <td style="text-align: left"> </td><td id="xdx_988_ecustom--CemeteryPerpetualCareTrustInvestments_iI_c20230331__us-gaap--FinancialInstrumentAxis__custom--CemeteryPerpetualCareTrustInvestments2Member_fKDIp_zXaoUZTzka27" style="text-align: right" title="Cemetery perpetual care trust investments">2,709,339</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98B_ecustom--CemeteryPerpetualCareTrustInvestments_iI_c20230331__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member__us-gaap--FinancialInstrumentAxis__custom--CemeteryPerpetualCareTrustInvestments2Member_fKDIp_zse6A24FzyAl" style="text-align: right" title="Cemetery perpetual care trust investments">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_983_ecustom--CemeteryPerpetualCareTrustInvestments_iI_c20230331__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member__us-gaap--FinancialInstrumentAxis__custom--CemeteryPerpetualCareTrustInvestments2Member_fKDIp_zMXzfic9Ex91" style="text-align: right" title="Cemetery perpetual care trust investments">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_986_ecustom--CemeteryPerpetualCareTrustInvestments_iI_c20230331__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member__us-gaap--FinancialInstrumentAxis__custom--CemeteryPerpetualCareTrustInvestments2Member_fKDIp_zhYzGDnvxeV1" style="text-align: right" title="Cemetery perpetual care trust investments">2,709,339</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_981_ecustom--FairValueOfCemeteryPerpetualCareTrustInvestments_iI_c20230331__us-gaap--FinancialInstrumentAxis__custom--CemeteryPerpetualCareTrustInvestments2Member_fKDIp_zmRJKakqwTr7" style="text-align: right" title="Cemetery perpetual care trust investments, estimated fair value">2,709,339</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Mortgage servicing rights, net</td><td> </td> <td style="text-align: left"> </td><td id="xdx_984_eus-gaap--ServicingAssetAtAmortizedValue_iI_pp0p0_c20230331__us-gaap--FinancialInstrumentAxis__custom--MortgageServicingRightsMember_zyyMKIdu2NX5" style="text-align: right" title="Mortgage servicing rights">3,166,133</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_987_eus-gaap--ServicingAssetAtAmortizedValue_iI_pp0p0_c20230331__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member__us-gaap--FinancialInstrumentAxis__custom--MortgageServicingRightsMember_z2imPqLN15x5" style="text-align: right" title="Mortgage servicing rights">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_983_eus-gaap--ServicingAssetAtAmortizedValue_iI_pp0p0_c20230331__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member__us-gaap--FinancialInstrumentAxis__custom--MortgageServicingRightsMember_zFjp08IbiEQ8" style="text-align: right" title="Mortgage servicing rights">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_985_eus-gaap--ServicingAssetAtAmortizedValue_iI_pp0p0_c20230331__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member__us-gaap--FinancialInstrumentAxis__custom--MortgageServicingRightsMember_zzOLPCEUsGXf" style="text-align: right" title="Mortgage servicing rights">4,164,686</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_989_eus-gaap--ServicingAssetAtFairValueAmount_iI_pp0p0_c20230331__us-gaap--FinancialInstrumentAxis__custom--MortgageServicingRightsMember_z5CtuIPLk5Ma" style="text-align: right" title="Mortgage servicing rights, estimated fair value">4,164,686</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td>Liabilities</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Bank and other loans payable</td><td> </td> <td style="text-align: left">$</td><td id="xdx_983_eus-gaap--LoansPayableToBank_iNI_pp0p0_di_c20230331__us-gaap--FinancialInstrumentAxis__custom--BankAndOtherLoansPayableMember_zHAgSGM9549a" style="text-align: right" title="Bank and other loans payable">(138,391,846</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left">$</td><td id="xdx_98E_eus-gaap--LoansPayableToBank_iNI_pp0p0_di_c20230331__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member__us-gaap--FinancialInstrumentAxis__custom--BankAndOtherLoansPayableMember_zD5of8kFrfr9" style="text-align: right" title="Bank and other loans payable">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td id="xdx_986_eus-gaap--LoansPayableToBank_iNI_pp0p0_di_c20230331__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member__us-gaap--FinancialInstrumentAxis__custom--BankAndOtherLoansPayableMember_zuCJ3kJ4synj" style="text-align: right" title="Bank and other loans payable">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td id="xdx_986_eus-gaap--LoansPayableToBank_iNI_pp0p0_di_c20230331__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member__us-gaap--FinancialInstrumentAxis__custom--BankAndOtherLoansPayableMember_zMLbN8EbHQA7" style="text-align: right" title="Bank and other loans payable">(138,391,846</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left">$</td><td id="xdx_982_eus-gaap--LoansPayableFairValueDisclosure_iNI_pp0p0_di_c20230331__us-gaap--FinancialInstrumentAxis__custom--BankAndOtherLoansPayableMember_zmnnMn0N7Jza" style="text-align: right" title="Bank and other loans payable, fair value">(138,391,846</td><td style="text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Policyholder account balances (3)</td><td> </td> <td style="text-align: left"> </td><td id="xdx_989_eus-gaap--LiabilityForFuturePolicyBenefitsAndUnpaidClaimsAndClaimsAdjustmentExpense_iNI_pp0p0_di_c20230331__us-gaap--FinancialInstrumentAxis__custom--PolicyholderAccountBalancesMember_fKDMp_z0PSnq6syHf1" style="text-align: right" title="Future policy benefits and unpaid claims">(40,865,405</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98C_eus-gaap--LiabilityForFuturePolicyBenefitsAndUnpaidClaimsAndClaimsAdjustmentExpense_iNI_pp0p0_di_c20230331__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member__us-gaap--FinancialInstrumentAxis__custom--PolicyholderAccountBalancesMember_fKDMp_zv6boQNpHjo9" style="text-align: right" title="Future policy benefits and unpaid claims">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_980_eus-gaap--LiabilityForFuturePolicyBenefitsAndUnpaidClaimsAndClaimsAdjustmentExpense_iNI_pp0p0_di_c20230331__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member__us-gaap--FinancialInstrumentAxis__custom--PolicyholderAccountBalancesMember_fKDMp_zI7jcSn4OTI1" style="text-align: right" title="Future policy benefits and unpaid claims">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_988_eus-gaap--LiabilityForFuturePolicyBenefitsAndUnpaidClaimsAndClaimsAdjustmentExpense_iNI_pp0p0_di_c20230331__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member__us-gaap--FinancialInstrumentAxis__custom--PolicyholderAccountBalancesMember_fKDMp_zbFGRvovt2F" style="text-align: right" title="Future policy benefits and unpaid claims">(41,529,360</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98D_ecustom--FairValueOfFuturePolicyBenefitsAndUnpaidClaims_iNI_pp0p0_di_c20230331__us-gaap--FinancialInstrumentAxis__custom--PolicyholderAccountBalancesMember_fKDMp_zspZVfwz2ST8" style="text-align: right" title="Future policy benefits and unpaid claims, estimated fair value">(41,529,360</td><td style="text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Future policy benefits - annuities (3)</td><td> </td> <td style="text-align: left"> </td><td id="xdx_989_eus-gaap--LiabilityForFuturePolicyBenefitsAndUnpaidClaimsAndClaimsAdjustmentExpense_iNI_pp0p0_di_c20230331__us-gaap--FinancialInstrumentAxis__custom--FuturePolicyBenefitsAnnuitiesMember_fKDMp_zpUGnScBhDE6" style="text-align: right" title="Future policy benefits and unpaid claims">(106,474,611</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98B_eus-gaap--LiabilityForFuturePolicyBenefitsAndUnpaidClaimsAndClaimsAdjustmentExpense_iNI_pp0p0_di_c20230331__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member__us-gaap--FinancialInstrumentAxis__custom--FuturePolicyBenefitsAnnuitiesMember_fKDMp_zrinwY22nJy4" style="text-align: right" title="Future policy benefits and unpaid claims">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_986_eus-gaap--LiabilityForFuturePolicyBenefitsAndUnpaidClaimsAndClaimsAdjustmentExpense_iNI_pp0p0_di_c20230331__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member__us-gaap--FinancialInstrumentAxis__custom--FuturePolicyBenefitsAnnuitiesMember_fKDMp_z0SpTAtFGPs3" style="text-align: right" title="Future policy benefits and unpaid claims">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98C_eus-gaap--LiabilityForFuturePolicyBenefitsAndUnpaidClaimsAndClaimsAdjustmentExpense_iNI_pp0p0_di_c20230331__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member__us-gaap--FinancialInstrumentAxis__custom--FuturePolicyBenefitsAnnuitiesMember_fKDMp_zeUaXgp1rFC3" style="text-align: right" title="Future policy benefits and unpaid claims">(128,238,451</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td id="xdx_988_ecustom--FairValueOfFuturePolicyBenefitsAndUnpaidClaims_iNI_pp0p0_di_c20230331__us-gaap--FinancialInstrumentAxis__custom--FuturePolicyBenefitsAnnuitiesMember_fKDMp_zWjpzMDGE38h" style="text-align: right" title="Future policy benefits and unpaid claims, estimated fair value">(128,238,451</td><td style="text-align: left">)</td></tr> </table> <div style="width: 20%"><div style="border-top: Black 1.5pt solid; font-size: 1pt"> </div></div> <table border="0" cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"> <tr style="vertical-align: top"> <td style="width: 0.25in">(1)</td> <td id="xdx_F1F_zcnkeVfqhzLi">Included in other investments and policy loans on the condensed consolidated balance sheets </td></tr> <tr style="vertical-align: top"> <td style="width: 0.25in">(2)</td> <td id="xdx_F18_ziB8GSk4Ew54">Mortgage loans held for investment </td></tr> <tr style="vertical-align: top"> <td style="width: 0.25in">(3)</td> <td id="xdx_F12_zCvTaQ6Pde4d">Included in future policy benefits and unpaid claims on the condensed consolidated balance sheets </td></tr> </table> SECURITY NATIONAL FINANCIAL CORPORATION AND SUBSIDIARIES Notes to Condensed Consolidated Financial Statements March 31, 2023 (Unaudited) 8) Fair Value of Financial Instruments (Continued) The carrying values and estimated fair values for such financial instruments, and their corresponding placement in the fair value hierarchy, are summarized as follows as of December 31, 2022: <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: bottom"> <td> </td><td style="padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Carrying Value</td><td style="padding-bottom: 1.5pt"> </td><td style="padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Level 1</td><td style="padding-bottom: 1.5pt"> </td><td style="padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Level 2</td><td style="padding-bottom: 1.5pt"> </td><td style="padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Level 3</td><td style="padding-bottom: 1.5pt"> </td><td style="padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Total Estimated Fair Value</td><td style="padding-bottom: 1.5pt"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td>Assets</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Mortgage loans held for investment</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 10pt; width: 35%">Residential</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_981_eus-gaap--MortgageLoansOnRealEstateCommercialAndConsumerNet_iI_pp0p0_c20221231__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember_zh1kMNpErLGj" style="width: 9%; text-align: right" title="Mortgage loans held for investment">90,290,776</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_989_eus-gaap--MortgageLoansOnRealEstateCommercialAndConsumerNet_iI_pp0p0_c20221231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember_ztNIwDlmry57" style="width: 9%; text-align: right" title="Mortgage loans held for investment">-</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_986_eus-gaap--MortgageLoansOnRealEstateCommercialAndConsumerNet_iI_pp0p0_c20221231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember_z7qiaqnbvPjj" style="width: 9%; text-align: right" title="Mortgage loans held for investment">-</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_987_eus-gaap--MortgageLoansOnRealEstateCommercialAndConsumerNet_iI_pp0p0_c20221231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember_zVzP1OcPF5a6" style="width: 9%; text-align: right" title="Mortgage loans held for investment">88,575,293</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_983_eus-gaap--FinancialInstrumentsOwnedMortgagesMortgageBackedAndAssetBackedSecuritiesAtFairValue_iI_pp0p0_c20221231__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember_zyVeay64G0Mg" style="width: 9%; text-align: right" title="Mortgage loans held for investment, estimated fair value">88,575,293</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-left: 10pt; text-align: left">Residential construction</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98E_eus-gaap--MortgageLoansOnRealEstateCommercialAndConsumerNet_iI_pp0p0_c20221231__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember_zQNVF2BdZrf2" style="text-align: right" title="Mortgage loans held for investment">172,139,077</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_985_eus-gaap--MortgageLoansOnRealEstateCommercialAndConsumerNet_iI_pp0p0_c20221231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember_zvwrvZbr0EIf" style="text-align: right" title="Mortgage loans held for investment">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_983_eus-gaap--MortgageLoansOnRealEstateCommercialAndConsumerNet_iI_pp0p0_c20221231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember_zFYnTmoETpw6" style="text-align: right" title="Mortgage loans held for investment">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98F_eus-gaap--MortgageLoansOnRealEstateCommercialAndConsumerNet_iI_pp0p0_c20221231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember_zZuP7972tMA4" style="text-align: right" title="Mortgage loans held for investment">172,139,077</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_981_eus-gaap--FinancialInstrumentsOwnedMortgagesMortgageBackedAndAssetBackedSecuritiesAtFairValue_iI_pp0p0_c20221231__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember_zH7igCVhyIsi" style="text-align: right" title="Mortgage loans held for investment, estimated fair value">172,139,077</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 10pt; padding-bottom: 1.5pt">Commercial</td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_987_eus-gaap--MortgageLoansOnRealEstateCommercialAndConsumerNet_iI_pp0p0_c20221231__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember_zU8darKxe8yh" style="border-bottom: Black 1pt solid; text-align: right" title="Mortgage loans held for investment">45,694,074</td><td style="padding-bottom: 1.5pt; text-align: left"> </td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_981_eus-gaap--MortgageLoansOnRealEstateCommercialAndConsumerNet_iI_pp0p0_c20221231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember_zP3XfqyM1hA2" style="border-bottom: Black 1pt solid; text-align: right" title="Mortgage loans held for investment">-</td><td style="padding-bottom: 1.5pt; text-align: left"> </td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_980_eus-gaap--MortgageLoansOnRealEstateCommercialAndConsumerNet_iI_pp0p0_c20221231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember_zLGCL0Ea203i" style="border-bottom: Black 1pt solid; text-align: right" title="Mortgage loans held for investment">-</td><td style="padding-bottom: 1.5pt; text-align: left"> </td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98E_eus-gaap--MortgageLoansOnRealEstateCommercialAndConsumerNet_iI_pp0p0_c20221231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember_z8mDQsl1AJcf" style="border-bottom: Black 1pt solid; text-align: right" title="Mortgage loans held for investment">44,079,537</td><td style="padding-bottom: 1.5pt; text-align: left"> </td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_987_eus-gaap--FinancialInstrumentsOwnedMortgagesMortgageBackedAndAssetBackedSecuritiesAtFairValue_iI_pp0p0_c20221231__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember_zBd9JCog4In" style="border-bottom: Black 1pt solid; text-align: right" title="Mortgage loans held for investment, estimated fair value">44,079,537</td><td style="padding-bottom: 1.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Mortgage loans held for investment, net</td><td> </td> <td style="text-align: left">$</td><td id="xdx_980_eus-gaap--MortgageLoansOnRealEstateCommercialAndConsumerNet_iI_pp0p0_c20221231__us-gaap--FinancialInstrumentAxis__custom--MortgageLoansNet1Member_z6uetoJIUqtg" style="text-align: right" title="Mortgage loans held for investment">308,123,927</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td id="xdx_98D_eus-gaap--MortgageLoansOnRealEstateCommercialAndConsumerNet_iI_pp0p0_c20221231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member__us-gaap--FinancialInstrumentAxis__custom--MortgageLoansNet1Member_ziHnpXaurPX" style="text-align: right" title="Mortgage loans held for investment">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td id="xdx_985_eus-gaap--MortgageLoansOnRealEstateCommercialAndConsumerNet_iI_pp0p0_c20221231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member__us-gaap--FinancialInstrumentAxis__custom--MortgageLoansNet1Member_zfdJ4ZPL5DB6" style="text-align: right" title="Mortgage loans held for investment">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td id="xdx_98A_eus-gaap--MortgageLoansOnRealEstateCommercialAndConsumerNet_iI_pp0p0_c20221231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member__us-gaap--FinancialInstrumentAxis__custom--MortgageLoansNet1Member_zjL1geGKiFea" style="text-align: right" title="Mortgage loans held for investment">304,793,907</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td id="xdx_986_eus-gaap--FinancialInstrumentsOwnedMortgagesMortgageBackedAndAssetBackedSecuritiesAtFairValue_iI_pp0p0_c20221231__us-gaap--FinancialInstrumentAxis__custom--MortgageLoansNet1Member_zVS3iVsxn2Uh" style="text-align: right" title="Mortgage loans held for investment, estimated fair value">304,793,907</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Policy loans</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98C_ecustom--PolicyAndOtherLoansReceivableNet1_iI_c20221231__us-gaap--FinancialInstrumentAxis__custom--PolicyLoanMember_zHLDWz6hfiQ4" style="text-align: right" title="Other investments and policy loans">13,095,473</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_987_ecustom--PolicyAndOtherLoansReceivableNet1_iI_c20221231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member__us-gaap--FinancialInstrumentAxis__custom--PolicyLoanMember_zfnfiycet4b" style="text-align: right" title="Other investments and policy loans">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_988_eus-gaap--MortgageLoansOnRealEstateCommercialAndConsumerNet_iI_c20221231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member__us-gaap--FinancialInstrumentAxis__custom--PolicyLoanMember_zv1jln1PeAA3" style="text-align: right" title="Mortgage loans held for investment">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98A_ecustom--PolicyAndOtherLoansReceivableNet1_iI_c20221231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member__us-gaap--FinancialInstrumentAxis__custom--PolicyLoanMember_zKdmUHbCSRWb" style="text-align: right" title="Other investments and policy loans">13,095,473</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98D_ecustom--FairValueOfPolicyAndOtherLoansReceivable_iI_c20221231__us-gaap--FinancialInstrumentAxis__custom--PolicyLoanMember_zTgwDjaWoZsa" style="text-align: right" title="Other investments and policy loans, estimated fair value">13,095,473</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td id="xdx_F45_zHrGOqzJSk4i" style="text-align: left">Insurance assignments, net (1)</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98A_ecustom--PolicyAndOtherLoansReceivableNet1_iI_c20221231__us-gaap--FinancialInstrumentAxis__custom--InsuranceAssignmentsMember_fKDEp_zGdu2t6Kg1T4" style="text-align: right" title="Other investments and policy loans">45,332,585</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98A_ecustom--PolicyAndOtherLoansReceivableNet1_iI_c20221231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member__us-gaap--FinancialInstrumentAxis__custom--InsuranceAssignmentsMember_fKDEp_zJjc6TveKB75" style="text-align: right" title="Other investments and policy loans">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98F_ecustom--PolicyAndOtherLoansReceivableNet1_iI_c20221231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member__us-gaap--FinancialInstrumentAxis__custom--InsuranceAssignmentsMember_fKDEp_zFdauDIILeti" style="text-align: right" title="Other investments and policy loans">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98C_ecustom--PolicyAndOtherLoansReceivableNet1_iI_c20221231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member__us-gaap--FinancialInstrumentAxis__custom--InsuranceAssignmentsMember_fKDEp_zlu5b5dwpI1i" style="text-align: right" title="Other investments and policy loans">45,332,585</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_981_ecustom--FairValueOfPolicyAndOtherLoansReceivable_iI_c20221231__us-gaap--FinancialInstrumentAxis__custom--InsuranceAssignmentsMember_fKDEp_zWkck38XPrK6" style="text-align: right" title="Other investments and policy loans, estimated fair value">45,332,585</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td id="xdx_F48_zh4xiJYiOIyi" style="text-align: left">Restricted assets (2)</td><td> </td> <td style="text-align: left"> </td><td id="xdx_984_eus-gaap--RestrictedInvestments_iI_pp0p0_c20221231__us-gaap--FinancialInstrumentAxis__custom--RestrictedAssets1Member_fKDIp_zUojhQJxjeki" style="text-align: right" title="Restricted assets">1,731,469</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_980_eus-gaap--RestrictedInvestments_iI_pp0p0_c20221231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member__us-gaap--FinancialInstrumentAxis__custom--RestrictedAssets1Member_fKDIp_zhf6bZmskdG7" style="text-align: right" title="Restricted assets">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_988_eus-gaap--RestrictedInvestments_iI_pp0p0_c20221231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member__us-gaap--FinancialInstrumentAxis__custom--RestrictedAssets1Member_fKDIp_zTfyLfCVjTXj" style="text-align: right" title="Restricted assets">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_983_eus-gaap--RestrictedInvestments_iI_pp0p0_c20221231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member__us-gaap--FinancialInstrumentAxis__custom--RestrictedAssets1Member_fKDIp_z1jUif4lCdGa" style="text-align: right" title="Restricted assets">1,731,469</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_980_eus-gaap--RestrictedInvestmentsAtFairValue_iI_pp0p0_c20221231__us-gaap--FinancialInstrumentAxis__custom--RestrictedAssets1Member_fKDIp_zGbypYmXP3A5" style="text-align: right" title="Restricted assets, estimated fair value">1,731,469</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td id="xdx_F46_zvs9WP0gylH4" style="text-align: left">Cemetery perpetual care trust investments (2)</td><td> </td> <td style="text-align: left"> </td><td id="xdx_982_ecustom--CemeteryPerpetualCareTrustInvestments_iI_c20221231__us-gaap--FinancialInstrumentAxis__custom--CemeteryPerpetualCareTrustInvestments2Member_fKDIp_zGfzyrL8NgLi" style="text-align: right" title="Cemetery perpetual care trust investments">1,506,517</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_985_ecustom--CemeteryPerpetualCareTrustInvestments_iI_c20221231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member__us-gaap--FinancialInstrumentAxis__custom--CemeteryPerpetualCareTrustInvestments2Member_fKDIp_ztB2v4XCqdB1" style="text-align: right" title="Cemetery perpetual care trust investments">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_981_ecustom--CemeteryPerpetualCareTrustInvestments_iI_c20221231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member__us-gaap--FinancialInstrumentAxis__custom--CemeteryPerpetualCareTrustInvestments2Member_fKDIp_z95z9Ptqs4Y" style="text-align: right" title="Cemetery perpetual care trust investments">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_980_ecustom--CemeteryPerpetualCareTrustInvestments_iI_c20221231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member__us-gaap--FinancialInstrumentAxis__custom--CemeteryPerpetualCareTrustInvestments2Member_fKDIp_z0jzqCC9FtOg" style="text-align: right" title="Cemetery perpetual care trust investments">1,506,517</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_980_ecustom--FairValueOfCemeteryPerpetualCareTrustInvestments_iI_c20221231__us-gaap--FinancialInstrumentAxis__custom--CemeteryPerpetualCareTrustInvestments2Member_fKDIp_zhPm2GVlnoO5" style="text-align: right" title="Cemetery perpetual care trust investments, estimated fair value">1,506,517</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Mortgage servicing rights, net</td><td> </td> <td style="text-align: left"> </td><td id="xdx_987_eus-gaap--ServicingAssetAtAmortizedValue_iI_pp0p0_c20221231__us-gaap--FinancialInstrumentAxis__custom--MortgageServicingRightsMember_zC30STKYhYWj" style="text-align: right" title="Mortgage servicing rights">3,039,765</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_989_eus-gaap--ServicingAssetAtAmortizedValue_iI_pp0p0_c20221231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member__us-gaap--FinancialInstrumentAxis__custom--MortgageServicingRightsMember_z1spY12ECX65" style="text-align: right" title="Mortgage servicing rights">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_986_eus-gaap--ServicingAssetAtAmortizedValue_iI_pp0p0_c20221231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member__us-gaap--FinancialInstrumentAxis__custom--MortgageServicingRightsMember_z6X9lOCuXSVj" style="text-align: right" title="Mortgage servicing rights">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_982_eus-gaap--ServicingAssetAtAmortizedValue_iI_pp0p0_c20221231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member__us-gaap--FinancialInstrumentAxis__custom--MortgageServicingRightsMember_zA9S7J3G607e" style="text-align: right" title="Mortgage servicing rights">3,927,877</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_983_eus-gaap--ServicingAssetAtFairValueAmount_iI_pp0p0_c20221231__us-gaap--FinancialInstrumentAxis__custom--MortgageServicingRightsMember_zTjUc4AQuuz9" style="text-align: right" title="Mortgage servicing rights, estimated fair value">3,927,877</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td>Liabilities</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Bank and other loans payable</td><td> </td> <td style="text-align: left">$</td><td id="xdx_983_eus-gaap--LoansPayableToBank_iNI_pp0p0_di_c20221231__us-gaap--FinancialInstrumentAxis__custom--BankAndOtherLoansPayableMember_z4pAvQBv0O8g" style="text-align: right" title="Bank and other loans payable">(161,712,804</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left">$</td><td id="xdx_98C_eus-gaap--LoansPayableToBank_iNI_pp0p0_di_c20221231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member__us-gaap--FinancialInstrumentAxis__custom--BankAndOtherLoansPayableMember_zdkGDpAPNX99" style="text-align: right" title="Bank and other loans payable">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td id="xdx_98C_eus-gaap--LoansPayableToBank_iNI_pp0p0_di_c20221231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member__us-gaap--FinancialInstrumentAxis__custom--BankAndOtherLoansPayableMember_zcnnGamU8C59" style="text-align: right" title="Bank and other loans payable">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td id="xdx_989_eus-gaap--LoansPayableToBank_iNI_pp0p0_di_c20221231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member__us-gaap--FinancialInstrumentAxis__custom--BankAndOtherLoansPayableMember_z7i2xB4wgIE" style="text-align: right" title="Bank and other loans payable">(161,712,804</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left">$</td><td id="xdx_982_eus-gaap--LoansPayableFairValueDisclosure_iNI_pp0p0_di_c20221231__us-gaap--FinancialInstrumentAxis__custom--BankAndOtherLoansPayableMember_zSZtoM33kbC8" style="text-align: right" title="Bank and other loans payable, fair value">(161,712,804</td><td style="text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td id="xdx_F47_zVRcsWyxuRge" style="text-align: left">Policyholder account balances (3)</td><td> </td> <td style="text-align: left"> </td><td id="xdx_987_eus-gaap--LiabilityForFuturePolicyBenefitsAndUnpaidClaimsAndClaimsAdjustmentExpense_iNI_pp0p0_di_c20221231__us-gaap--FinancialInstrumentAxis__custom--PolicyholderAccountBalancesMember_fKDMp_zS8eT1djjp6b" style="text-align: right" title="Future policy benefits and unpaid claims">(41,146,171</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td id="xdx_988_eus-gaap--LiabilityForFuturePolicyBenefitsAndUnpaidClaimsAndClaimsAdjustmentExpense_iNI_pp0p0_di_c20221231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member__us-gaap--FinancialInstrumentAxis__custom--PolicyholderAccountBalancesMember_fKDMp_z6v1qKy8N95i" style="text-align: right" title="Future policy benefits and unpaid claims">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98C_eus-gaap--LiabilityForFuturePolicyBenefitsAndUnpaidClaimsAndClaimsAdjustmentExpense_iNI_pp0p0_di_c20221231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member__us-gaap--FinancialInstrumentAxis__custom--PolicyholderAccountBalancesMember_fKDMp_zEAy3318J8Z7" style="text-align: right" title="Future policy benefits and unpaid claims">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_985_eus-gaap--LiabilityForFuturePolicyBenefitsAndUnpaidClaimsAndClaimsAdjustmentExpense_iNI_pp0p0_di_c20221231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member__us-gaap--FinancialInstrumentAxis__custom--PolicyholderAccountBalancesMember_fKDMp_zo3GTcwYCKe1" style="text-align: right" title="Future policy benefits and unpaid claims">(42,181,089</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td id="xdx_988_ecustom--FairValueOfFuturePolicyBenefitsAndUnpaidClaims_iNI_pp0p0_di_c20221231__us-gaap--FinancialInstrumentAxis__custom--PolicyholderAccountBalancesMember_fKDMp_zAbNLVr5lQ1j" style="text-align: right" title="Future policy benefits and unpaid claims, estimated fair value">(42,181,089</td><td style="text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td id="xdx_F40_zK78csIPpwA2" style="text-align: left">Future policy benefits - annuities (3)</td><td> </td> <td style="text-align: left"> </td><td id="xdx_983_eus-gaap--LiabilityForFuturePolicyBenefitsAndUnpaidClaimsAndClaimsAdjustmentExpense_iNI_pp0p0_di_c20221231__us-gaap--FinancialInstrumentAxis__custom--FuturePolicyBenefitsAnnuitiesMember_fKDMp_zJqRh4cJtwv8" style="text-align: right" title="Future policy benefits and unpaid claims">(106,637,094</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98C_eus-gaap--LiabilityForFuturePolicyBenefitsAndUnpaidClaimsAndClaimsAdjustmentExpense_iNI_pp0p0_di_c20221231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member__us-gaap--FinancialInstrumentAxis__custom--FuturePolicyBenefitsAnnuitiesMember_fKDMp_z0wulYeygSJ8" style="text-align: right" title="Future policy benefits and unpaid claims">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98A_eus-gaap--LiabilityForFuturePolicyBenefitsAndUnpaidClaimsAndClaimsAdjustmentExpense_iNI_pp0p0_di_c20221231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member__us-gaap--FinancialInstrumentAxis__custom--FuturePolicyBenefitsAnnuitiesMember_fKDMp_zshkWkJQum84" style="text-align: right" title="Future policy benefits and unpaid claims">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98B_eus-gaap--LiabilityForFuturePolicyBenefitsAndUnpaidClaimsAndClaimsAdjustmentExpense_iNI_pp0p0_di_c20221231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member__us-gaap--FinancialInstrumentAxis__custom--FuturePolicyBenefitsAnnuitiesMember_fKDMp_zoxB8Tfq8TO4" style="text-align: right" title="Future policy benefits and unpaid claims">(126,078,031</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td id="xdx_988_ecustom--FairValueOfFuturePolicyBenefitsAndUnpaidClaims_iNI_pp0p0_di_c20221231__us-gaap--FinancialInstrumentAxis__custom--FuturePolicyBenefitsAnnuitiesMember_fKDMp_za7SRZ3pjMi7" style="text-align: right" title="Future policy benefits and unpaid claims, estimated fair value">(126,078,031</td><td style="text-align: left">)</td></tr> </table> <div style="width: 20%"><div style="border-top: Black 1.5pt solid; font-size: 1pt"> </div></div> <table border="0" cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"> <tr style="vertical-align: top"> <td style="width: 0.25in">(1)</td> <td>Included in other investments and policy loans on the consolidated balance sheets</td></tr> <tr style="vertical-align: top"> <td style="width: 0.25in">(2)</td> <td>Mortgage loans held for investment</td></tr> <tr style="vertical-align: top"> <td style="width: 0.25in">(3)</td> <td>Included in future policy benefits and unpaid claims on the consolidated balance sheets</td></tr> </table> The methods, assumptions and significant valuation techniques and inputs used to estimate the fair value of these financial instruments are summarized as follows: Mortgage Loans Held for Investment: The estimated fair value of the Company’s mortgage loans held for investment is determined using various methods. The Company’s mortgage loans are grouped into three categories: Residential, Residential Construction and Commercial. When estimating the expected future cash flows, it is assumed that all loans will be held to maturity, and any loans that are non-performing are evaluated individually for impairment. Residential – The estimated fair value is determined through a combination of discounted cash flows (estimating expected future cash flows of payments and discounting them using current interest rates from single family mortgages) and considering pricing of similar loans that were sold recently. Residential Construction – These loans are primarily short in maturity. Accordingly, the estimated fair value is determined to be the carrying value. Commercial – The estimated fair value is determined by estimating expected future cash flows of payments and discounting them using current interest rates for commercial mortgages. Policy Loans: The carrying amounts reported in the accompanying condensed consolidated balance sheet for these financial instruments approximate their fair values because they are fully collateralized by the cash surrender value of the underlying insurance policies. Insurance Assignments, Net: These investments are primarily short in maturity, accordingly, the carrying amounts reported in the accompanying condensed consolidated balance sheet for these financial instruments approximate their fair values. SECURITY NATIONAL FINANCIAL CORPORATION AND SUBSIDIARIES Notes to Condensed Consolidated Financial Statements March 31, 2023 (Unaudited) 8) Fair Value of Financial Instruments (Continued) Bank and Other Loans Payable: The carrying amounts reported in the accompanying condensed consolidated balance sheet for these financial instruments approximate their fair values due to their relatively short-term maturities and variable interest rates. Policyholder Account Balances and Future Policy Benefits-Annuities: Future policy benefit reserves for interest-sensitive insurance products are computed under a retrospective deposit method and represent policy account balances before applicable surrender charges. Policy benefits and claims that are charged to expense include benefit claims incurred in the period in excess of related policy account balances. Interest crediting rates for interest-sensitive insurance products ranged from 1.5% to 6.5%. The fair values for these investment-type insurance contracts are estimated based on the present value of liability cash flows. The fair values for the Company’s insurance contracts other than investment-type contracts are not required to be disclosed. However, the fair values of liabilities under all insurance contracts are taken into consideration in the Company’s overall management of interest rate risk, such that the Company’s exposure to changing interest rates is minimized through the matching of investment maturities with amounts due under insurance contracts.

<p id="xdx_896_eus-gaap--ScheduleOfFairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisTableTextBlock_z7Qeg9ifpBF" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify">The following tables summarize Level 1, 2 and 3 financial assets and financial liabilities measured at fair value on a recurring basis by their classification in the condensed consolidated balance sheet at March 31, 2023. Schedule of Fair Value Assets and Liabilities Measured on a Recurring Basis <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_497_20230331_zGrmDUYq6g1d" style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: center">Total</td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_499_20230331__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member_zMYwHVYqGETf" style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: center">Quoted Prices in Active Markets for Identical Assets (Level 1)</td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_49E_20230331__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member_zYgeoaC242B1" style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: center">Significant Observable Inputs (Level 2)</td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_49F_20230331__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member_z4trh0jgs901" style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: center">Significant Unobservable Inputs (Level 3)</td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left">Assets accounted for at fair value on a recurring basis</td><td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; text-align: right"> </td><td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; text-align: right"> </td><td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; text-align: right"> </td><td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; text-align: right"> </td><td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td></tr> <tr id="xdx_405_eus-gaap--AvailableForSaleSecuritiesDebtSecuritiesCurrent_iI_zmE1XX7njXi" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White"> <td style="font: 10pt Times New Roman, Times, Serif; width: 44%; text-align: left">Fixed maturity securities available for sale</td><td style="font: 10pt Times New Roman, Times, Serif; width: 2%"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left">$</td><td style="font: 10pt Times New Roman, Times, Serif; width: 10%; text-align: right">357,570,527</td><td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; width: 2%"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left">$</td><td style="font: 10pt Times New Roman, Times, Serif; width: 10%; text-align: right">-</td><td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; width: 2%"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left">$</td><td style="font: 10pt Times New Roman, Times, Serif; width: 10%; text-align: right">356,135,008</td><td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; width: 2%"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left">$</td><td style="font: 10pt Times New Roman, Times, Serif; width: 10%; text-align: right">1,435,519</td><td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left"> </td></tr> <tr id="xdx_407_eus-gaap--EquitySecuritiesFvNi_iI_z2HMpwEYu5t2" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left">Equity securities</td><td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; text-align: right">12,354,007</td><td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; text-align: right">12,354,007</td><td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; text-align: right">-</td><td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; text-align: right">-</td><td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td></tr> <tr id="xdx_406_eus-gaap--LoansReceivableHeldForSaleAmount_iI_zROe925MZH61" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left">Loans held for sale</td><td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; text-align: right">173,015,404</td><td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; text-align: right">-</td><td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; text-align: right">-</td><td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; text-align: right">173,015,404</td><td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td></tr> <tr id="xdx_402_eus-gaap--DebtSecuritiesAvailableForSaleRestricted_iI_zVY4Obz4EF0d" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Restricted assets (1)</td><td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; text-align: right">1,217,307</td><td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; text-align: right">-</td><td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; text-align: right">1,217,307</td><td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; text-align: right">-</td><td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td></tr> <tr id="xdx_40C_eus-gaap--EquitySecuritiesFvNiRestricted_iI_zf6gu8zXsXx3" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White"> <td style="text-align: left">Restricted assets (2)</td><td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; text-align: right">5,660,427</td><td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; text-align: right">5,660,427</td><td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; text-align: right">-</td><td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; text-align: right">-</td><td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td></tr> <tr id="xdx_407_ecustom--CemeteryPerpetualCareTrustInvestments1_iI_zCrayje8U5Wi" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Cemetery perpetual care trust investments (1)</td><td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; text-align: right">256,422</td><td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; text-align: right">-</td><td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; text-align: right">256,422</td><td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; text-align: right">-</td><td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td></tr> <tr id="xdx_402_ecustom--CemeteryPerpetualCareTrustInvestments2_iI_zRksbOlegoB8" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White"> <td style="text-align: left">Cemetery perpetual care trust investments (2)</td><td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; text-align: right">3,691,958</td><td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; text-align: right">3,691,958</td><td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; text-align: right">-</td><td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; text-align: right">-</td><td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td></tr> <tr id="xdx_40C_ecustom--DerivativesInterestRateLockCommitments_iI_zRv2MHrKeXUi" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Derivatives - loan commitments (3)</td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right">6,560,948</td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right">-</td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right">-</td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right">6,560,948</td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_40F_ecustom--AssetsFairValueDisclosureRecurring1_iI_zLOcBT7GR2sh" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; padding-bottom: 2.5pt">Total assets accounted for at fair value on a recurring basis</td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; font: 10pt Times New Roman, Times, Serif; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; font: 10pt Times New Roman, Times, Serif; text-align: right">560,327,000</td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; font: 10pt Times New Roman, Times, Serif; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; font: 10pt Times New Roman, Times, Serif; text-align: right">21,706,392</td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; font: 10pt Times New Roman, Times, Serif; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; font: 10pt Times New Roman, Times, Serif; text-align: right">357,608,737</td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; font: 10pt Times New Roman, Times, Serif; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; font: 10pt Times New Roman, Times, Serif; text-align: right">181,011,871</td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt; text-align: left"> </td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; text-align: right"> </td><td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; text-align: right"> </td><td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; text-align: right"> </td><td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; text-align: right"> </td><td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left">Liabilities accounted for at fair value on a recurring basis</td><td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; text-align: right"> </td><td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; text-align: right"> </td><td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; text-align: right"> </td><td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; text-align: right"> </td><td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td></tr> <tr id="xdx_406_ecustom--DerivativesBankLoanInterestRateSwapsCallOptions_iI_zHA2jUHhSH06" style="font: 10pt Times New Roman, Times, Serif; display: none; vertical-align: bottom; background-color: White"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left">Derivatives - call options (4)</td><td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; text-align: right"> </td><td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; text-align: right"> </td><td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; text-align: right"> </td><td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; text-align: right"> </td><td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td></tr> <tr id="xdx_40D_ecustom--DerivativesBankLoanInterestRateSwapsPutOptions_iI_zpq7DsBZ1EIj" style="font: 10pt Times New Roman, Times, Serif; display: none; vertical-align: bottom; background-color: White"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left">Derivatives - put options (4)</td><td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; text-align: right"> </td><td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; text-align: right"> </td><td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; text-align: right"> </td><td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; text-align: right"> </td><td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td></tr> <tr id="xdx_40B_ecustom--DerivativesBankLoanInterestRateSwapsInterestRateLockCommitments_iI_zCXmHbtyAoPh" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Derivatives - loan commitments (4)</td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right">(3,176,119</td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left">)</td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right">-</td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right">-</td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right">(3,176,119</td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left">)</td></tr> <tr id="xdx_408_eus-gaap--FairValueLiabilitiesMeasuredOnRecurringBasisObligations_iNI_di_zjS7VU3cikF1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: White"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; padding-bottom: 2.5pt">Total liabilities accounted for at fair value on a recurring basis</td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; font: 10pt Times New Roman, Times, Serif; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; font: 10pt Times New Roman, Times, Serif; text-align: right">(3,176,119</td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt; text-align: left">)</td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; font: 10pt Times New Roman, Times, Serif; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; font: 10pt Times New Roman, Times, Serif; text-align: right">-</td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; font: 10pt Times New Roman, Times, Serif; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; font: 10pt Times New Roman, Times, Serif; text-align: right">-</td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; font: 10pt Times New Roman, Times, Serif; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; font: 10pt Times New Roman, Times, Serif; text-align: right">(3,176,119</td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt; text-align: left">)</td></tr> </table> <div style="width: 18%"><div style="border-top: Black 1pt solid; font-size: 1pt"> </div></div> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in">(1)</td> <td style="font: 10pt Times New Roman, Times, Serif">Fixed maturity securities available for sale</td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif">(2)</td> <td style="font: 10pt Times New Roman, Times, Serif">Equity securities</td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif">(3)</td> <td style="font: 10pt Times New Roman, Times, Serif">Included in other assets on the consolidated balance sheets</td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif">(4)</td> <td style="font: 10pt Times New Roman, Times, Serif">Included in other liabilities and accrued expenses on the consolidated balance sheets</td></tr> </table> SECURITY NATIONAL FINANCIAL CORPORATION AND SUBSIDIARIES Notes to Condensed Consolidated Financial Statements March 31, 2023 (Unaudited) 8) Fair Value of Financial Instruments (Continued) The following tables summarize Level 1, 2 and 3 financial assets and financial liabilities measured at fair value on a recurring basis by their classification in the condensed consolidated balance sheet at December 31, 2022. <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: bottom"> <td style="text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_49F_20221231_z1QLFHjqUod6" style="border-bottom: Black 1pt solid; text-align: center">Total</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_49D_20221231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member_zgQS2vXWtBNj" style="border-bottom: Black 1pt solid; text-align: center">Quoted Prices in Active Markets for Identical Assets (Level 1)</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_492_20221231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member_zF6cEXs4ZT5" style="border-bottom: Black 1pt solid; text-align: center">Significant Observable Inputs (Level 2)</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_499_20221231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member_zVnf2iD82SCf" style="border-bottom: Black 1pt solid; text-align: center">Significant Unobservable Inputs (Level 3)</td><td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Assets accounted for at fair value on a recurring basis</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr id="xdx_40C_eus-gaap--AvailableForSaleSecuritiesDebtSecuritiesCurrent_iI_z2mQR1e49zI9" style="vertical-align: bottom; background-color: White"> <td style="width: 44%; text-align: left">Fixed maturity securities available for sale</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 10%; text-align: right">345,858,492</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 10%; text-align: right">-</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 10%; text-align: right">344,422,973</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 10%; text-align: right">1,435,519</td><td style="width: 1%; text-align: left"> </td></tr> <tr id="xdx_407_eus-gaap--EquitySecuritiesFvNi_iI_z7iJCuO8Xjo" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Equity securities</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">11,682,526</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">11,682,526</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td></tr> <tr id="xdx_406_eus-gaap--LoansReceivableHeldForSaleAmount_iI_zsWUaCZ953wg" style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Loans held for sale</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">141,179,620</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">141,179,620</td><td style="text-align: left"> </td></tr> <tr id="xdx_400_eus-gaap--DebtSecuritiesAvailableForSaleRestricted_iI_zO9SqhqR6pzf" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Restricted assets (1)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">1,217,308</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">1,217,308</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td></tr> <tr id="xdx_407_eus-gaap--DebtSecuritiesAvailableForSaleRestricted_iI_zbOc18kirz7f" style="display: none; vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Restricted assets (1)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">1,217,308</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">1,217,308</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td></tr> <tr id="xdx_40C_eus-gaap--EquitySecuritiesFvNiRestricted_iI_zKFZnNlonbi7" style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Restricted assets (2)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">5,348,244</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">5,348,244</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td></tr> <tr id="xdx_402_eus-gaap--EquitySecuritiesFvNiRestricted_iI_zJ9zmZpt1Tni" style="display: none; vertical-align: bottom; background-color: White"> <td style="text-align: left">Restricted assets (2)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">5,348,244</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">5,348,244</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td></tr> <tr id="xdx_407_ecustom--CemeteryPerpetualCareTrustInvestments1_iI_zV55lfnfbAa1" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Cemetery perpetual care trust investments (1)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">254,731</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">254,731</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td></tr> <tr id="xdx_407_ecustom--CemeteryPerpetualCareTrustInvestments1_iI_zCFvgaOGiRn" style="display: none; vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Cemetery perpetual care trust investments (1)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">254,731</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">254,731</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td></tr> <tr id="xdx_402_ecustom--CemeteryPerpetualCareTrustInvestments2_iI_zvUpFpRi8LX3" style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Cemetery perpetual care trust investments (2)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">3,605,162</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">3,605,162</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td></tr> <tr id="xdx_405_ecustom--CemeteryPerpetualCareTrustInvestments2_iI_zFDEKZe8g1Nc" style="display: none; vertical-align: bottom; background-color: White"> <td style="text-align: left">Cemetery perpetual care trust investments (2)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">3,605,162</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">3,605,162</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td></tr> <tr id="xdx_40C_ecustom--DerivativesInterestRateLockCommitments_iI_zPm5Z5U2Gyok" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 1pt">Derivatives - loan commitments (3)</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">4,089,856</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">-</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">-</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">4,089,856</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_404_ecustom--DerivativesInterestRateLockCommitments_iI_zr5Ve8zos5Ve" style="display: none; vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 1pt">Derivatives - loan commitments (3)</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">4,089,856</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">-</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">-</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">4,089,856</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_40F_ecustom--AssetsFairValueDisclosureRecurring1_iI_zkh50EGsQeLi" style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 2.5pt">Total assets accounted for at fair value on a recurring basis</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">513,235,939</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">20,635,932</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">345,895,012</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">146,704,995</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Liabilities accounted for at fair value on a recurring basis</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr id="xdx_406_ecustom--DerivativesBankLoanInterestRateSwapsCallOptions_iI_zbl4eq0YjGek" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Derivatives - call options (4)</td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">(29,715</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">(29,715</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">-</td><td style="text-align: left"> </td></tr> <tr id="xdx_40D_ecustom--DerivativesBankLoanInterestRateSwapsPutOptions_iI_z9WROX4sQUU5" style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Derivatives - put options (4)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(13,888</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(13,888</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td></tr> <tr id="xdx_40B_ecustom--DerivativesBankLoanInterestRateSwapsInterestRateLockCommitments_iI_zhHOMXXqdgSk" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 1pt">Derivatives - loan commitments (4)</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">(1,382,979</td><td style="padding-bottom: 1pt; text-align: left">)</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">-</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">-</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">(1,382,979</td><td style="padding-bottom: 1pt; text-align: left">)</td></tr> <tr id="xdx_406_ecustom--DerivativesBankLoanInterestRateSwapsCallOptions_iI_z33ocPIN1EY8" style="display: none; vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Derivatives - call options (4)</td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">(29,715</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">(29,715</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">-</td><td style="text-align: left"> </td></tr> <tr id="xdx_401_ecustom--DerivativesBankLoanInterestRateSwapsPutOptions_iI_zWNsx6LkeBGh" style="display: none; vertical-align: bottom; background-color: White"> <td style="text-align: left">Derivatives - put options (4)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(13,888</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(13,888</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td></tr> <tr id="xdx_404_ecustom--DerivativesBankLoanInterestRateSwapsInterestRateLockCommitments_iI_zbwXF9YKyLlg" style="display: none; vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 1pt">Derivatives - loan commitments (4)</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">(1,382,979</td><td style="padding-bottom: 1pt; text-align: left">)</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">-</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">-</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">(1,382,979</td><td style="padding-bottom: 1pt; text-align: left">)</td></tr> <tr id="xdx_408_eus-gaap--FairValueLiabilitiesMeasuredOnRecurringBasisObligations_iNI_di_zp18uJg7oLsj" style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 2.5pt">Total liabilities accounted for at fair value on a recurring basis</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">(1,426,582</td><td style="padding-bottom: 2.5pt; text-align: left">)</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">(43,603</td><td style="padding-bottom: 2.5pt; text-align: left">)</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">-</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">(1,382,979</td><td style="padding-bottom: 2.5pt; text-align: left">)</td></tr> </table> <div style="width: 18%"><div style="border-top: Black 1pt solid; font-size: 1pt"> </div></div> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in">(1)</td> <td style="font: 10pt Times New Roman, Times, Serif">Fixed maturity securities available for sale</td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif">(2)</td> <td style="font: 10pt Times New Roman, Times, Serif">Equity securities</td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif">(3)</td> <td style="font: 10pt Times New Roman, Times, Serif">Included in other assets on the consolidated balance sheets</td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif">(4)</td> <td style="font: 10pt Times New Roman, Times, Serif">Included in other liabilities and accrued expenses on the consolidated balance sheets</td></tr> </table>

357570527

356135008

1435519

12354007

173015404

1217307

5660427

256422 256422 3691958 3691958 6560948 6560948 560327000 21706392 357608737 181011871 -3176119 -3176119

3176119

345858492

344422973

1435519

11682526

141179620

1217308

5348244

254731 254731 254731 254731 3605162 3605162 3605162 3605162 4089856 4089856 4089856 4089856 513235939 20635932 345895012 146704995 -29715 -29715 -13888 -13888 -1382979 -1382979 -29715 -29715 -13888 -13888 -1382979 -1382979

1426582

43603

1382979

For Level 3 assets and liabilities measured at fair value on a recurring basis as of March 31, 2023, the significant unobservable inputs used in the fair value measurements were as follows: Assets and Liabilities Measured at Fair Value on A Recurring Basis <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: bottom"> <td> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2"> </td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td> </td><td style="padding-bottom: 1pt"> </td> <td style="padding-bottom: 1pt; text-align: center">Significant</td><td style="padding-bottom: 1pt"> </td> <td colspan="6" style="border-bottom: Black 1pt solid; text-align: center">Range of Inputs</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2"> </td><td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td> </td> <td colspan="2" style="text-align: center">Fair Value at</td><td> </td><td> </td> <td style="text-align: center">Valuation</td><td> </td> <td style="text-align: center">Unobservable</td><td> </td> <td colspan="2" style="text-align: center">Minimum</td><td> </td><td> </td> <td colspan="2" style="text-align: center">Maximum</td><td> </td><td> </td> <td colspan="2" style="text-align: center">Weighted</td><td> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">3/31/2023</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: center">Technique</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: center">Input(s)</td><td style="padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Value</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Value</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Average</td><td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 28%; text-align: left">Loans held for sale</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_98D_eus-gaap--LoansReceivableHeldForSaleAmount_iI_pp0p0_c20230331__us-gaap--SubsidiarySaleOfStockAxis__custom--LoansHeldForSale1Member_z71KsQszgwD5" style="width: 6%; text-align: right" title="Fair Value Balance">173,015,404</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="white-space: nowrap; width: 12%; text-align: left">Market approach</td><td style="width: 2%"> </td> <td style="width: 18%; text-align: left">Investor contract pricing as a percentage of unpaid principal balance</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 5%; text-align: right"><span id="xdx_902_ecustom--FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetAndLiabilityRangeOfInputsMinimum_pid_dp_uPure_c20230101__20230331__us-gaap--SubsidiarySaleOfStockAxis__custom--LoansHeldForSale1Member_zdjPv9C4Fgib" title="Fair Value Measurement, Range of Inputs, Minimum Value">70.0</td><td style="width: 1%; text-align: left">%</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 5%; text-align: right"><span id="xdx_900_ecustom--FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetAndLiabilityRangeOfInputsMaximum_pid_dp_uPure_c20230101__20230331__us-gaap--SubsidiarySaleOfStockAxis__custom--LoansHeldForSale1Member_zgffL2Ur1ew7" title="Fair Value Measurement, Range of Inputs, Maximum Value">111.0</td><td style="width: 1%; text-align: left">%</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 6%; text-align: right"><span id="xdx_907_ecustom--FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetAndLiabilityWeightedAverage_pid_dp_uPure_c20230101__20230331__us-gaap--SubsidiarySaleOfStockAxis__custom--LoansHeldForSale1Member_zLteXRdQID92" title="Fair Value Measurement With Unobservable Inputs Reconciliation, Recurring Basis, Asset And Liability, Weighted Average">100.0</td><td style="width: 1%; text-align: left">%</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td> </td><td> </td> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Derivatives - loan commitments (net)</td><td> </td> <td style="text-align: left"> </td><td id="xdx_982_ecustom--DerivativesInterestRateLockCommitments_iI_c20230331__us-gaap--SubsidiarySaleOfStockAxis__custom--NetDerivativesLoanCommitmentsMember_zM1YNipXFNpg" style="text-align: right" title="Fair Value Balance">3,384,829</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">Market approach</td><td> </td> <td style="text-align: left">Pull-through rate</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"><span id="xdx_90D_ecustom--FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetAndLiabilityRangeOfInputsMinimum_dp_c20230101__20230331__us-gaap--SubsidiarySaleOfStockAxis__custom--NetDerivativesLoanCommitmentsMember_z0hvHaY9d6Mg" title="Fair value measurement, range of inputs, minimum value">65.0</td><td style="text-align: left">%</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"><span id="xdx_907_ecustom--FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetAndLiabilityRangeOfInputsMaximum_dp_c20230101__20230331__us-gaap--SubsidiarySaleOfStockAxis__custom--NetDerivativesLoanCommitmentsMember_zHhrUxHsqHjl" title="Fair value measurement, range of inputs, maximum value">95.0</td><td style="text-align: left">%</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"><span id="xdx_908_ecustom--FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetAndLiabilityWeightedAverage_dp_c20230101__20230331__us-gaap--SubsidiarySaleOfStockAxis__custom--NetDerivativesLoanCommitmentsMember_zbiRf4pdmPT1" title="Fair value measurement with unobservable inputs reconciliation, recurring basis, asset and liability, weighted average">85.0</td><td style="text-align: left">%</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td> </td><td> </td> <td>Initial-Value</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">N/A</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">N/A</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">N/A</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td> </td><td> </td> <td>Servicing</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">0 bps</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">149 bps</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">45 bps</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td> </td><td> </td> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Fixed maturity securities available for sale</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98D_eus-gaap--AvailableForSaleSecuritiesDebtSecuritiesCurrent_iI_pp0p0_c20230331__us-gaap--SubsidiarySaleOfStockAxis__custom--FixedMaturitySecuritiesAvailableForSale1Member_zW51hka6ETn4" style="text-align: right" title="Fair Value Balance">1,435,519</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">Broker quotes</td><td> </td> <td style="text-align: left">Pricing quotes</td><td> </td> <td style="text-align: left">$</td><td id="xdx_98F_ecustom--FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetAndLiabilityOfInputsMinimum_pid_c20230101__20230331__us-gaap--SubsidiarySaleOfStockAxis__custom--FixedMaturitySecuritiesAvailableForSale1Member_zVxmrMZzRed4" style="text-align: right" title="Fair Value Measurement, Range of Inputs, Minimum Value, price per share">100.00</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td id="xdx_981_ecustom--FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetAndLiabilityRangeInputsMaximum_pid_c20230101__20230331__us-gaap--SubsidiarySaleOfStockAxis__custom--FixedMaturitySecuritiesAvailableForSale1Member_zp3JtyRCaGM4" style="text-align: right" title="Fair Value Measurement, Range of Inputs, Maximum Value, price per share">111.11</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td id="xdx_981_ecustom--FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetAndLiabilityWeightedAveragePricePerShare_pid_c20230101__20230331__us-gaap--SubsidiarySaleOfStockAxis__custom--FixedMaturitySecuritiesAvailableForSale1Member_ztHsjUJRXkM6" style="text-align: right" title="Fair Value Measurement With Unobservable Inputs Reconciliation, Recurring Basis, Asset And Liability, Weighted Average, price per share">104.97</td><td style="text-align: left"> </td></tr> </table> For Level 3 assets and liabilities measured at fair value on a recurring basis as of December 31, 2022, the significant unobservable inputs used in the fair value measurements were as follows: <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: bottom"> <td> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2"> </td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td> </td><td style="padding-bottom: 1pt"> </td> <td style="padding-bottom: 1pt; text-align: center">Significant</td><td style="padding-bottom: 1pt"> </td> <td colspan="6" style="border-bottom: Black 1pt solid; text-align: center">Range of Inputs</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2"> </td><td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td> </td> <td colspan="2" style="text-align: center">Fair Value at</td><td> </td><td> </td> <td style="text-align: center">Valuation</td><td> </td> <td style="text-align: center">Unobservable</td><td> </td> <td colspan="2" style="text-align: center">Minimum</td><td> </td><td> </td> <td colspan="2" style="text-align: center">Maximum</td><td> </td><td> </td> <td colspan="2" style="text-align: center">Weighted</td><td> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">12/31/2022</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: center">Technique</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: center">Input(s)</td><td style="padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Value</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Value</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Average</td><td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 28%; text-align: left">Loans held for sale</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_98A_eus-gaap--LoansReceivableHeldForSaleAmount_iI_pp0p0_c20221231__us-gaap--SubsidiarySaleOfStockAxis__custom--LoansHeldForSale1Member_z6CcZgAcFhl1" style="width: 6%; text-align: right" title="Fair Value Balance">141,179,620</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="white-space: nowrap; width: 12%; text-align: left">Market approach</td><td style="width: 2%"> </td> <td style="width: 18%; text-align: left">Investor contract pricing as a percentage of unpaid principal balance</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 5%; text-align: right"><span id="xdx_900_ecustom--FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetAndLiabilityRangeOfInputsMinimum_pid_dp_uPure_c20220101__20221231__us-gaap--SubsidiarySaleOfStockAxis__custom--LoansHeldForSale1Member_zHn7IoGps64j" title="Fair Value Measurement, Range of Inputs, Minimum Value">69.9</td><td style="width: 1%; text-align: left">%</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 5%; text-align: right"><span id="xdx_90B_ecustom--FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetAndLiabilityRangeOfInputsMaximum_pid_dp_uPure_c20220101__20221231__us-gaap--SubsidiarySaleOfStockAxis__custom--LoansHeldForSale1Member_zJluMLBNZ8Fd" title="Fair Value Measurement, Range of Inputs, Maximum Value">106.1</td><td style="width: 1%; text-align: left">%</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 6%; text-align: right"><span id="xdx_90E_ecustom--FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetAndLiabilityWeightedAverage_pid_dp_uPure_c20220101__20221231__us-gaap--SubsidiarySaleOfStockAxis__custom--LoansHeldForSale1Member_zls2mOwhtW5h" title="Fair Value Measurement With Unobservable Inputs Reconciliation, Recurring Basis, Asset And Liability, Weighted Average">99.8</td><td style="width: 1%; text-align: left">%</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td> </td><td> </td> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Derivatives - loan commitments (net)</td><td> </td> <td style="text-align: left"> </td><td id="xdx_983_ecustom--DerivativesInterestRateLockCommitments_iI_c20221231__us-gaap--SubsidiarySaleOfStockAxis__custom--NetDerivativesLoanCommitmentsMember_zkMnJPTF6aw7" style="text-align: right" title="Fair Value Balance">2,706,877</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">Market approach</td><td> </td> <td style="text-align: left">Pull-through rate</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"><span id="xdx_902_ecustom--FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetAndLiabilityRangeOfInputsMinimum_dp_c20220101__20221231__us-gaap--SubsidiarySaleOfStockAxis__custom--NetDerivativesLoanCommitmentsMember_zz1nQSQ1OWsj" title="Fair value measurement, range of inputs, minimum value">65.0</td><td style="text-align: left">%</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"><span id="xdx_90E_ecustom--FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetAndLiabilityRangeOfInputsMaximum_dp_c20220101__20221231__us-gaap--SubsidiarySaleOfStockAxis__custom--NetDerivativesLoanCommitmentsMember_z4ZsvPuqkDY8" title="Fair value measurement, range of inputs, maximum value">95.0</td><td style="text-align: left">%</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"><span id="xdx_908_ecustom--FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetAndLiabilityWeightedAverage_dp_c20220101__20221231__us-gaap--SubsidiarySaleOfStockAxis__custom--NetDerivativesLoanCommitmentsMember_zJxzyvgQieYc" title="Fair value measurement with unobservable inputs reconciliation, recurring basis, asset and liability, weighted average">82.2</td><td style="text-align: left">%</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td> </td><td> </td> <td>Initial-Value</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">N/A</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">N/A</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">N/A</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td> </td><td> </td> <td>Servicing</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">0 bps</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">153 bps</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">73 bps</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td> </td><td> </td> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Fixed maturity securities available for sale</td><td> </td> <td style="text-align: left"> </td><td id="xdx_986_eus-gaap--AvailableForSaleSecuritiesDebtSecuritiesCurrent_iI_pp0p0_c20221231__us-gaap--SubsidiarySaleOfStockAxis__custom--FixedMaturitySecuritiesAvailableForSale1Member_zgSjDrJRK0kh" style="text-align: right" title="Fair Value Balance">1,435,519</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">Broker quotes</td><td> </td> <td style="text-align: left">Pricing quotes</td><td> </td> <td style="text-align: left">$</td><td id="xdx_98C_ecustom--FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetAndLiabilityOfInputsMinimum_pid_c20220101__20221231__us-gaap--SubsidiarySaleOfStockAxis__custom--FixedMaturitySecuritiesAvailableForSale1Member_zIDhq4fhUNIi" style="text-align: right" title="Fair Value Measurement, Range of Inputs, Minimum Value, price per share">100.00</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td id="xdx_980_ecustom--FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetAndLiabilityRangeInputsMaximum_pid_c20220101__20221231__us-gaap--SubsidiarySaleOfStockAxis__custom--FixedMaturitySecuritiesAvailableForSale1Member_zBee42DuyXI6" style="text-align: right" title="Fair Value Measurement, Range of Inputs, Maximum Value, price per share">111.11</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td id="xdx_983_ecustom--FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetAndLiabilityWeightedAveragePricePerShare_pid_c20220101__20221231__us-gaap--SubsidiarySaleOfStockAxis__custom--FixedMaturitySecuritiesAvailableForSale1Member_ziA4V7NEZNM5" style="text-align: right" title="Fair Value Measurement With Unobservable Inputs Reconciliation, Recurring Basis, Asset And Liability, Weighted Average, price per share">104.97</td><td style="text-align: left"> </td></tr> </table>

173015404

0.700 1.110 1.000 3384829 0.650 0.950 0.850

1435519

100.00 111.11 104.97

141179620

0.699 1.061 0.998 2706877 0.650 0.950 0.822

1435519

100.00 111.11 104.97 <p id="xdx_89B_ecustom--ScheduleOfChangesInTheConsolidatedBalanceSheetLineItemsMeasuredUsingLevel3InputsTableTextBlock_zlSqYclqJob" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The following table is a summary of changes in the condensed consolidated balance sheet line items measured using level 3 inputs for the three month periods ended March 31, 2023: Schedule of Changes in the Condensed Consolidated Balance Sheet Line Items Measured Using Level 3 Inputs <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 90%"> <tr style="vertical-align: bottom"> <td> </td><td style="padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Net Loan Commitments</td><td style="padding-bottom: 1.5pt"> </td><td style="padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Loans Held for Sale</td><td style="padding-bottom: 1.5pt"> </td><td style="padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Fixed Maturity Securities Available for Sale</td><td style="padding-bottom: 1.5pt"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 46%">Balance - December 31, 2022</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_98E_ecustom--DerivativesInterestRateLockCommitments_iS_c20230101__20230331__us-gaap--SubsidiarySaleOfStockAxis__custom--NetDerivativesLoanCommitmentsMember_zm1THmWLKMnb" style="width: 14%; text-align: right" title="Net loan commitments, beginning">2,706,877</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_983_eus-gaap--LoansReceivableHeldForSaleAmount_iS_c20230101__20230331__us-gaap--SubsidiarySaleOfStockAxis__custom--LoansHeldForSale1Member_zJrQ7lOF0zn8" style="width: 14%; text-align: right" title="Loans Held for Sale, Beginning">141,179,620</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_982_eus-gaap--AvailableForSaleSecuritiesDebtSecuritiesCurrent_iS_pp0p0_c20230101__20230331__us-gaap--SubsidiarySaleOfStockAxis__custom--FixedMaturitySecuritiesAvailableForSale1Member_z3lPT5WaT66k" style="width: 14%; text-align: right" title="Fixed Maturity Securities Available for Sale, Beginning">1,435,519</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Originations and purchases</td><td> </td> <td style="text-align: left"> </td><td id="xdx_987_ecustom--Originations_pp0p0_c20230101__20230331__us-gaap--SubsidiarySaleOfStockAxis__custom--NetDerivativesLoanCommitmentsMember_zhvMRjSF4Y4c" style="text-align: right" title="Originations and purchases">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98D_ecustom--OriginationsOfLoansHeldForSale_pp0p0_c20230101__20230331__us-gaap--SubsidiarySaleOfStockAxis__custom--LoansHeldForSale1Member_zRzslO6U25la" style="text-align: right" title="Originations and purchases">531,867,796</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98D_eus-gaap--PaymentsToAcquireAvailableForSaleSecuritiesDebt_pp0p0_c20230101__20230331__us-gaap--SubsidiarySaleOfStockAxis__custom--FixedMaturitySecuritiesAvailableForSale1Member_zqa3eUypJPC4" style="text-align: right" title="Originations and purchases">-</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Sales, maturities and paydowns</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98F_ecustom--Sales_c20230101__20230331__us-gaap--SubsidiarySaleOfStockAxis__custom--NetDerivativesLoanCommitmentsMember_zdXZaRt7GGp4" style="text-align: right" title="Sales, maturities and paydowns">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_982_eus-gaap--ProceedsFromSaleOfLoansHeldForSale_iN_pp0p0_di_c20230101__20230331__us-gaap--SubsidiarySaleOfStockAxis__custom--LoansHeldForSale1Member_zsSrGQxkEOqi" style="text-align: right" title="Sales, maturities and paydowns">(511,909,942</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td id="xdx_987_eus-gaap--ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities_iN_pp0p0_di_c20230101__20230331__us-gaap--SubsidiarySaleOfStockAxis__custom--FixedMaturitySecuritiesAvailableForSale1Member_zDehuOWkvqlh" style="text-align: right" title="Sales, maturities and paydowns">-</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Total gains (losses):</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-bottom: 1pt; padding-left: 10pt; text-align: left">Included in earnings</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_986_ecustom--FairValueLossesGainsIncludedInEarnings_c20230101__20230331__us-gaap--SubsidiarySaleOfStockAxis__custom--NetDerivativesLoanCommitmentsMember_fKDEp_zpQENhjviFi4" style="border-bottom: Black 1pt solid; text-align: right" title="Total gains (losses) included in earnings">677,952</td><td style="border-bottom: Black 1pt solid; text-align: left">(1)</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_983_ecustom--FairValueLossesGainsIncludedInEarnings_pp0p0_c20230101__20230331__us-gaap--SubsidiarySaleOfStockAxis__custom--LoansHeldForSale1Member_fKDEp_zEk6vnKCekY9" style="border-bottom: Black 1pt solid; text-align: right" title="Total gains (losses) included in earnings">11,877,930</td><td style="border-bottom: Black 1pt solid; text-align: left">(1)</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_986_eus-gaap--InvestmentIncomeNetAmortizationOfDiscountAndPremium_pp0p0_c20230101__20230331__us-gaap--SubsidiarySaleOfStockAxis__custom--FixedMaturitySecuritiesAvailableForSale1Member_fKDIp_zN0NyrPGSOx3" style="border-bottom: Black 1pt solid; text-align: right" title="Total gains (losses) included in earnings">-</td><td style="border-bottom: Black 1pt solid; text-align: left">(2)</td></tr> <tr style="display: none; vertical-align: bottom; background-color: White"> <td style="padding-bottom: 1pt; padding-left: 10pt; text-align: left">Included in other comprehensive income</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_984_ecustom--TotalGainsLossesIncludedInOtherComprehensiveIncome_c20230101__20230331__us-gaap--SubsidiarySaleOfStockAxis__custom--NetDerivativesLoanCommitmentsMember_zO68n0kF5tkg" style="border-bottom: Black 1pt solid; text-align: right" title="Total gains (losses) included in other comprehensive income">-</td><td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98C_ecustom--TotalGainsLossesIncludedInOtherComprehensiveIncome_pp0p0_c20230101__20230331__us-gaap--SubsidiarySaleOfStockAxis__custom--LoansHeldForSale1Member_zQDX0vTjPqmg" style="border-bottom: Black 1pt solid; text-align: right" title="Total gains (losses) included in other comprehensive income">-</td><td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98F_eus-gaap--OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax_pp0p0_c20230101__20230331__us-gaap--SubsidiarySaleOfStockAxis__custom--FixedMaturitySecuritiesAvailableForSale1Member_zgpOJkfOduc5" style="border-bottom: Black 1pt solid; text-align: right" title="Total gains (losses) included in other comprehensive income">-</td><td style="border-bottom: Black 1pt solid; text-align: left"/></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-bottom: 2.5pt">Balance - March 31, 2023</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_987_ecustom--DerivativesInterestRateLockCommitments_iE_c20230101__20230331__us-gaap--SubsidiarySaleOfStockAxis__custom--NetDerivativesLoanCommitmentsMember_zkHrn5qyerTi" style="border-bottom: Black 2.5pt double; text-align: right" title="Net loan commitments, ending">3,384,829</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_987_eus-gaap--LoansReceivableHeldForSaleAmount_iE_pp0p0_c20230101__20230331__us-gaap--SubsidiarySaleOfStockAxis__custom--LoansHeldForSale1Member_ztwctXQv4us3" style="border-bottom: Black 2.5pt double; text-align: right" title="Loans Held for Sale, Ending">173,015,404</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98A_eus-gaap--AvailableForSaleSecuritiesDebtSecuritiesCurrent_iE_pp0p0_c20230101__20230331__us-gaap--SubsidiarySaleOfStockAxis__custom--FixedMaturitySecuritiesAvailableForSale1Member_z00tBKetcNhj" style="border-bottom: Black 2.5pt double; text-align: right" title="Fixed Maturity Securities Available for Sale, Ending">1,435,519</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> <div style="width: 20%"><div style="border-top: Black 1.5pt solid; font-size: 1pt"> </div></div> <table border="0" cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"> <tr style="vertical-align: top"> <td style="width: 0.25in">(1)</td> <td>As a component of Mortgage fee income on the condensed consolidated statements of earnings</td></tr> <tr style="vertical-align: top"> <td style="width: 0.25in">(2)</td> <td>As a component of Net investment income on the condensed consolidated statements of earnings</td></tr> </table> The following table is a summary of changes in the condensed consolidated balance sheet line items measured using level 3 inputs for the three month periods ended March 31, 2022: <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 90%"> <tr style="vertical-align: bottom"> <td> </td><td style="padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Net Loan Commitments</td><td style="padding-bottom: 1.5pt"> </td><td style="padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Loans Held for Sale</td><td style="padding-bottom: 1.5pt"> </td><td style="padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Fixed Maturity Securities Available for Sale</td><td style="padding-bottom: 1.5pt"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 46%">Balance - December 31, 2021</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_988_ecustom--DerivativesInterestRateLockCommitments_iS_c20220101__20220331__us-gaap--SubsidiarySaleOfStockAxis__custom--NetDerivativesLoanCommitmentsMember_zxo50LaK5Jha" style="width: 14%; text-align: right" title="Net loan commitments, beginning">7,015,515</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_986_eus-gaap--LoansReceivableHeldForSaleAmount_iS_c20220101__20220331__us-gaap--SubsidiarySaleOfStockAxis__custom--LoansHeldForSale1Member_z1gjXKsBAGMe" style="width: 14%; text-align: right" title="Loans Held for Sale, Beginning">302,776,827</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_983_eus-gaap--AvailableForSaleSecuritiesDebtSecuritiesCurrent_iS_pp0p0_c20220101__20220331__us-gaap--SubsidiarySaleOfStockAxis__custom--FixedMaturitySecuritiesAvailableForSale1Member_z5mr8kAZ9udc" style="width: 14%; text-align: right" title="Fixed Maturity Securities Available for Sale, Beginning">2,023,348</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Originations and purchases</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98A_ecustom--Originations_pp0p0_c20220101__20220331__us-gaap--SubsidiarySaleOfStockAxis__custom--NetDerivativesLoanCommitmentsMember_zdYJz7OXc2N7" style="text-align: right" title="Originations and purchases">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_982_ecustom--OriginationsOfLoansHeldForSale_pp0p0_c20220101__20220331__us-gaap--SubsidiarySaleOfStockAxis__custom--LoansHeldForSale1Member_zeX7Byp4u0mf" style="text-align: right" title="Originations and purchases">1,039,216,582</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_981_eus-gaap--PaymentsToAcquireAvailableForSaleSecuritiesDebt_pp0p0_c20220101__20220331__us-gaap--SubsidiarySaleOfStockAxis__custom--FixedMaturitySecuritiesAvailableForSale1Member_zj6ycfRtzIOj" style="text-align: right" title="Originations and purchases">-</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Sales, maturities and paydowns</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98A_ecustom--Sales_c20220101__20220331__us-gaap--SubsidiarySaleOfStockAxis__custom--NetDerivativesLoanCommitmentsMember_zLBUbUeNZcXl" style="text-align: right" title="Sales, maturities and paydowns">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_980_eus-gaap--ProceedsFromSaleOfLoansHeldForSale_iN_pp0p0_di_c20220101__20220331__us-gaap--SubsidiarySaleOfStockAxis__custom--LoansHeldForSale1Member_zQPoUchQCuOe" style="text-align: right" title="Sales, maturities and paydowns">(1,132,085,830</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td id="xdx_982_eus-gaap--ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities_iN_pp0p0_di_c20220101__20220331__us-gaap--SubsidiarySaleOfStockAxis__custom--FixedMaturitySecuritiesAvailableForSale1Member_z9GsfiegMn9l" style="text-align: right" title="Sales, maturities and paydowns">(11,950</td><td style="text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Total gains (losses):</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 10pt; text-align: left">Included in earnings</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98E_ecustom--FairValueLossesGainsIncludedInEarnings_c20220101__20220331__us-gaap--SubsidiarySaleOfStockAxis__custom--NetDerivativesLoanCommitmentsMember_fKDEp_z5Y4Uj8Q5R82" style="text-align: right" title="Total gains (losses) included in earnings">2,675,371</td><td style="text-align: left">(1)</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98A_ecustom--FairValueLossesGainsIncludedInEarnings_pp0p0_c20220101__20220331__us-gaap--SubsidiarySaleOfStockAxis__custom--LoansHeldForSale1Member_fKDEp_zxcFaVgm0Jpi" style="text-align: right" title="Total gains (losses) included in earnings">24,105,293</td><td style="text-align: left">(1)</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98C_eus-gaap--InvestmentIncomeNetAmortizationOfDiscountAndPremium_pp0p0_c20220101__20220331__us-gaap--SubsidiarySaleOfStockAxis__custom--FixedMaturitySecuritiesAvailableForSale1Member_fKDIp_zpRVWJCbDaob" style="text-align: right" title="Total gains (losses) included in earnings">961</td><td style="text-align: left">(2)</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-bottom: 1pt; padding-left: 10pt; text-align: left">Included in other comprehensive income</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_987_ecustom--TotalGainsLossesIncludedInOtherComprehensiveIncome_c20220101__20220331__us-gaap--SubsidiarySaleOfStockAxis__custom--NetDerivativesLoanCommitmentsMember_zLazzqO0diba" style="border-bottom: Black 1pt solid; text-align: right" title="Total gains (losses) included in other comprehensive income">-</td><td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98A_ecustom--TotalGainsLossesIncludedInOtherComprehensiveIncome_pp0p0_c20220101__20220331__us-gaap--SubsidiarySaleOfStockAxis__custom--LoansHeldForSale1Member_zPLDUEDqpvnc" style="border-bottom: Black 1pt solid; text-align: right" title="Total gains (losses) included in other comprehensive income">-</td><td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98E_eus-gaap--OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax_pp0p0_c20220101__20220331__us-gaap--SubsidiarySaleOfStockAxis__custom--FixedMaturitySecuritiesAvailableForSale1Member_zGleWl9S0Wu7" style="border-bottom: Black 1pt solid; text-align: right" title="Total gains (losses) included in other comprehensive income">(587</td><td style="border-bottom: Black 1pt solid; text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-bottom: 2.5pt">Balance - March 31, 2022</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_987_ecustom--DerivativesInterestRateLockCommitments_iE_c20220101__20220331__us-gaap--SubsidiarySaleOfStockAxis__custom--NetDerivativesLoanCommitmentsMember_z6uASs9Hcnac" style="border-bottom: Black 2.5pt double; text-align: right" title="Net loan commitments, ending">9,690,886</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98A_eus-gaap--LoansReceivableHeldForSaleAmount_iE_pp0p0_c20220101__20220331__us-gaap--SubsidiarySaleOfStockAxis__custom--LoansHeldForSale1Member_zeemAdIkdl1j" style="border-bottom: Black 2.5pt double; text-align: right" title="Loans Held for Sale, Ending">234,012,872</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98A_eus-gaap--AvailableForSaleSecuritiesDebtSecuritiesCurrent_iE_pp0p0_c20220101__20220331__us-gaap--SubsidiarySaleOfStockAxis__custom--FixedMaturitySecuritiesAvailableForSale1Member_zj7aDHST0k1e" style="border-bottom: Black 2.5pt double; text-align: right" title="Fixed Maturity Securities Available for Sale, Ending">2,011,772</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> <div style="width: 20%"><div style="border-top: Black 1.5pt solid; font-size: 1pt"> </div></div> <table border="0" cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"> <tr style="vertical-align: top"> <td style="width: 0.25in">(1)</td> <td>As a component of Mortgage fee income on the condensed consolidated statements of earnings </td></tr> <tr style="vertical-align: top"> <td style="width: 0.25in">(2)</td> <td>As a component of Net investment income on the condensed consolidated statements of earnings</td></tr> </table> 2706877

141179620

1435519

531867796

511909942

677952 11877930 3384829

173015404

1435519

7015515

302776827

2023348

1039216582

1132085830

11950

2675371 24105293

961

-587

9690886

234012872

2011772

The following table summarizes Level 1, 2 and 3 financial assets and financial liabilities measured at fair value on a nonrecurring basis by their classification in the condensed consolidated balance sheet at December 31, 2022. Schedule of Fair Value Assets Measured on a Nonrecurring Basis <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: bottom"> <td> </td><td style="padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Total</td><td style="padding-bottom: 1.5pt"> </td><td style="padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Quoted Prices in Active Markets for Identical Assets (Level 1)</td><td style="padding-bottom: 1.5pt"> </td><td style="padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Significant Observable Inputs (Level 2)</td><td style="padding-bottom: 1.5pt"> </td><td style="padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Significant Unobservable Inputs (Level 3)</td><td style="padding-bottom: 1.5pt"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Assets accounted for at fair value on a nonrecurring basis</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="width: 40%; text-align: left; padding-bottom: 1.5pt">Impaired mortgage loans held for investment</td><td style="width: 2%; padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; width: 1%; text-align: left">$</td><td id="xdx_98E_eus-gaap--MortgageLoansOnRealEstateCommercialAndConsumerNet_iI_pp0p0_c20221231__us-gaap--FairValueByMeasurementFrequencyAxis__us-gaap--FairValueMeasurementsNonrecurringMember_zeVQNkly5bIj" style="border-bottom: Black 1pt solid; width: 11%; text-align: right" title="Impaired mortgage loans held for investment">794,224</td><td style="width: 1%; padding-bottom: 1.5pt; text-align: left"> </td><td style="width: 2%; padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; width: 1%; text-align: left">$</td><td id="xdx_984_eus-gaap--MortgageLoansOnRealEstateCommercialAndConsumerNet_iI_pp0p0_c20221231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member__us-gaap--FairValueByMeasurementFrequencyAxis__us-gaap--FairValueMeasurementsNonrecurringMember_zQOeESCZwWTi" style="border-bottom: Black 1pt solid; width: 11%; text-align: right" title="Impaired mortgage loans held for investment">-</td><td style="width: 1%; padding-bottom: 1.5pt; text-align: left"> </td><td style="width: 2%; padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; width: 1%; text-align: left">$</td><td id="xdx_98A_eus-gaap--MortgageLoansOnRealEstateCommercialAndConsumerNet_iI_pp0p0_c20221231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member__us-gaap--FairValueByMeasurementFrequencyAxis__us-gaap--FairValueMeasurementsNonrecurringMember_z8zyr8zE10l8" style="border-bottom: Black 1pt solid; width: 11%; text-align: right" title="Impaired mortgage loans held for investment">-</td><td style="width: 1%; padding-bottom: 1.5pt; text-align: left"> </td><td style="width: 2%; padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; width: 1%; text-align: left">$</td><td id="xdx_985_eus-gaap--MortgageLoansOnRealEstateCommercialAndConsumerNet_iI_pp0p0_c20221231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member__us-gaap--FairValueByMeasurementFrequencyAxis__us-gaap--FairValueMeasurementsNonrecurringMember_zvRl1D6yeZsb" style="border-bottom: Black 1pt solid; width: 11%; text-align: right" title="Impaired mortgage loans held for investment">794,224</td><td style="width: 1%; padding-bottom: 1.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 2.5pt">Total assets accounted for at fair value on a nonrecurring basis</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98D_ecustom--AssetsFairValueDisclosureNonrecurring2_iI_pp0p0_c20221231__us-gaap--FairValueByMeasurementFrequencyAxis__us-gaap--FairValueMeasurementsNonrecurringMember_zVhGEPcd5qW6" style="border-bottom: Black 2.5pt double; text-align: right" title="Assets fair value disclosure nonrecurring">794,224</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98F_ecustom--AssetsFairValueDisclosureNonrecurring2_iI_pp0p0_c20221231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member__us-gaap--FairValueByMeasurementFrequencyAxis__us-gaap--FairValueMeasurementsNonrecurringMember_zdJ1zpAXk8W8" style="border-bottom: Black 2.5pt double; text-align: right" title="Assets fair value disclosure nonrecurring">-</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98B_ecustom--AssetsFairValueDisclosureNonrecurring2_iI_pp0p0_c20221231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member__us-gaap--FairValueByMeasurementFrequencyAxis__us-gaap--FairValueMeasurementsNonrecurringMember_zDjtjld4kC7f" style="border-bottom: Black 2.5pt double; text-align: right" title="Assets fair value disclosure nonrecurring">-</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_984_ecustom--AssetsFairValueDisclosureNonrecurring2_iI_pp0p0_c20221231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member__us-gaap--FairValueByMeasurementFrequencyAxis__us-gaap--FairValueMeasurementsNonrecurringMember_zPWPQWwowhWk" style="border-bottom: Black 2.5pt double; text-align: right" title="Assets fair value disclosure nonrecurring">794,224</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table>

794224

794224 794224 The carrying values and estimated fair values for such financial instruments, and their corresponding placement in the fair value hierarchy, are summarized as follows as of March 31, 2023: Schedule of Financial Instruments Carried at Other Than Fair Value <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: bottom"> <td> </td><td style="padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Carrying Value</td><td style="padding-bottom: 1.5pt"> </td><td style="padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Level 1</td><td style="padding-bottom: 1.5pt"> </td><td style="padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Level 2</td><td style="padding-bottom: 1.5pt"> </td><td style="padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Level 3</td><td style="padding-bottom: 1.5pt"> </td><td style="padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Total Estimated Fair Value</td><td style="padding-bottom: 1.5pt"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td>Assets</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Mortgage loans held for investment</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 10pt; width: 35%">Residential</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_98A_eus-gaap--MortgageLoansOnRealEstateCommercialAndConsumerNet_iI_pp0p0_c20230331__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember_zpucpRGxhZ37" style="width: 9%; text-align: right" title="Mortgage loans held for investment">91,417,171</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_988_eus-gaap--MortgageLoansOnRealEstateCommercialAndConsumerNet_iI_pp0p0_c20230331__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember_zfEKYxkALT72" style="width: 9%; text-align: right" title="Mortgage loans held for investment">-</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_985_eus-gaap--MortgageLoansOnRealEstateCommercialAndConsumerNet_iI_pp0p0_c20230331__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember_zgudiJbItOWb" style="width: 9%; text-align: right" title="Mortgage loans held for investment">-</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_980_eus-gaap--MortgageLoansOnRealEstateCommercialAndConsumerNet_iI_pp0p0_c20230331__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember_zjTnvVDHwUt6" style="width: 9%; text-align: right" title="Mortgage loans held for investment">89,949,922</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_984_eus-gaap--FinancialInstrumentsOwnedMortgagesMortgageBackedAndAssetBackedSecuritiesAtFairValue_iI_pp0p0_c20230331__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember_zGaeG9c8B0e1" style="width: 9%; text-align: right" title="Mortgage loans held for investment, estimated fair value">89,949,922</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-left: 10pt; text-align: left">Residential construction</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98F_eus-gaap--MortgageLoansOnRealEstateCommercialAndConsumerNet_iI_pp0p0_c20230331__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember_zcsHZO9GPzTa" style="text-align: right" title="Mortgage loans held for investment">145,531,682</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_987_eus-gaap--MortgageLoansOnRealEstateCommercialAndConsumerNet_iI_pp0p0_c20230331__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember_zcIp8yAUWR66" style="text-align: right" title="Mortgage loans held for investment">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_984_eus-gaap--MortgageLoansOnRealEstateCommercialAndConsumerNet_iI_pp0p0_c20230331__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember_zP6paS6bmA71" style="text-align: right" title="Mortgage loans held for investment">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_983_eus-gaap--MortgageLoansOnRealEstateCommercialAndConsumerNet_iI_pp0p0_c20230331__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember_zbPFidQieRxe" style="text-align: right" title="Mortgage loans held for investment">145,531,682</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98A_eus-gaap--FinancialInstrumentsOwnedMortgagesMortgageBackedAndAssetBackedSecuritiesAtFairValue_iI_pp0p0_c20230331__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember_zxdmabuJd0O2" style="text-align: right" title="Mortgage loans held for investment, estimated fair value">145,531,682</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 10pt; padding-bottom: 1.5pt">Commercial</td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_982_eus-gaap--MortgageLoansOnRealEstateCommercialAndConsumerNet_iI_pp0p0_c20230331__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember_zIVrw7SVXbZ9" style="border-bottom: Black 1pt solid; text-align: right" title="Mortgage loans held for investment">49,597,786</td><td style="padding-bottom: 1.5pt; text-align: left"> </td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_983_eus-gaap--MortgageLoansOnRealEstateCommercialAndConsumerNet_iI_pp0p0_c20230331__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember_zgWdpCJYzAi2" style="border-bottom: Black 1pt solid; text-align: right" title="Mortgage loans held for investment">-</td><td style="padding-bottom: 1.5pt; text-align: left"> </td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_983_eus-gaap--MortgageLoansOnRealEstateCommercialAndConsumerNet_iI_pp0p0_c20230331__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember_zD0Xl9qaTIre" style="border-bottom: Black 1pt solid; text-align: right" title="Mortgage loans held for investment">-</td><td style="padding-bottom: 1.5pt; text-align: left"> </td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_988_eus-gaap--MortgageLoansOnRealEstateCommercialAndConsumerNet_iI_pp0p0_c20230331__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember_zj7mOsyZh61a" style="border-bottom: Black 1pt solid; text-align: right" title="Mortgage loans held for investment">48,049,451</td><td style="padding-bottom: 1.5pt; text-align: left"> </td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_989_eus-gaap--FinancialInstrumentsOwnedMortgagesMortgageBackedAndAssetBackedSecuritiesAtFairValue_iI_pp0p0_c20230331__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember_zSFAtmdtKApg" style="border-bottom: Black 1pt solid; text-align: right" title="Mortgage loans held for investment, estimated fair value">48,049,451</td><td style="padding-bottom: 1.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Mortgage loans held for investment, net</td><td> </td> <td style="text-align: left">$</td><td id="xdx_98A_eus-gaap--MortgageLoansOnRealEstateCommercialAndConsumerNet_iI_pp0p0_c20230331__us-gaap--FinancialInstrumentAxis__custom--MortgageLoansNet1Member_zzMLxYojFl57" style="text-align: right" title="Mortgage loans held for investment">286,546,639</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td id="xdx_98B_eus-gaap--MortgageLoansOnRealEstateCommercialAndConsumerNet_iI_pp0p0_c20230331__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member__us-gaap--FinancialInstrumentAxis__custom--MortgageLoansNet1Member_zNUbTcDfHBC9" style="text-align: right" title="Mortgage loans held for investment">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td id="xdx_98B_eus-gaap--MortgageLoansOnRealEstateCommercialAndConsumerNet_iI_pp0p0_c20230331__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member__us-gaap--FinancialInstrumentAxis__custom--MortgageLoansNet1Member_zhoM0t2RGVKj" style="text-align: right" title="Mortgage loans held for investment">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td id="xdx_98B_eus-gaap--MortgageLoansOnRealEstateCommercialAndConsumerNet_iI_pp0p0_c20230331__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member__us-gaap--FinancialInstrumentAxis__custom--MortgageLoansNet1Member_znXhcmGF9ce3" style="text-align: right" title="Mortgage loans held for investment">283,531,055</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td id="xdx_98C_eus-gaap--FinancialInstrumentsOwnedMortgagesMortgageBackedAndAssetBackedSecuritiesAtFairValue_iI_pp0p0_c20230331__us-gaap--FinancialInstrumentAxis__custom--MortgageLoansNet1Member_z1m0tzyJRspc" style="text-align: right" title="Mortgage loans held for investment, estimated fair value">283,531,055</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Policy loans</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98E_ecustom--PolicyAndOtherLoansReceivableNet1_iI_c20230331__us-gaap--FinancialInstrumentAxis__custom--PolicyLoanMember_zKykmJWXeF59" style="text-align: right" title="Other investments and policy loans">13,012,347</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_989_ecustom--PolicyAndOtherLoansReceivableNet1_iI_c20230331__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member__us-gaap--FinancialInstrumentAxis__custom--PolicyLoanMember_zjsjiltAMyec" style="text-align: right" title="Other investments and policy loans">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98B_eus-gaap--MortgageLoansOnRealEstateCommercialAndConsumerNet_iI_c20230331__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member__us-gaap--FinancialInstrumentAxis__custom--PolicyLoanMember_zyxFi08g6bVf" style="text-align: right" title="Mortgage loans held for investment">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_984_ecustom--PolicyAndOtherLoansReceivableNet1_iI_c20230331__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member__us-gaap--FinancialInstrumentAxis__custom--PolicyLoanMember_zCPGklFoWpPe" style="text-align: right" title="Other investments and policy loans">13,012,347</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98C_ecustom--FairValueOfPolicyAndOtherLoansReceivable_iI_c20230331__us-gaap--FinancialInstrumentAxis__custom--PolicyLoanMember_zdhApNdjenRi" style="text-align: right" title="Other investments and policy loans, estimated fair value">13,012,347</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Insurance assignments, net (1)</td><td> </td> <td style="text-align: left"> </td><td id="xdx_983_ecustom--PolicyAndOtherLoansReceivableNet1_iI_c20230331__us-gaap--FinancialInstrumentAxis__custom--InsuranceAssignmentsMember_fKDEp_z1lCovpOjZxd" style="text-align: right" title="Other investments and policy loans">43,887,930</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98D_ecustom--PolicyAndOtherLoansReceivableNet1_iI_c20230331__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member__us-gaap--FinancialInstrumentAxis__custom--InsuranceAssignmentsMember_fKDEp_zMqn2YmQwMDe" style="text-align: right" title="Other investments and policy loans">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_980_ecustom--PolicyAndOtherLoansReceivableNet1_iI_c20230331__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member__us-gaap--FinancialInstrumentAxis__custom--InsuranceAssignmentsMember_fKDEp_zWjCeHg2zqWc" style="text-align: right" title="Other investments and policy loans">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_986_ecustom--PolicyAndOtherLoansReceivableNet1_iI_c20230331__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member__us-gaap--FinancialInstrumentAxis__custom--InsuranceAssignmentsMember_fKDEp_zjitNAa5InB1" style="text-align: right" title="Other investments and policy loans">43,887,930</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98D_ecustom--FairValueOfPolicyAndOtherLoansReceivable_iI_c20230331__us-gaap--FinancialInstrumentAxis__custom--InsuranceAssignmentsMember_fKDEp_zdT06AhxlpSf" style="text-align: right" title="Other investments and policy loans, estimated fair value">43,887,930</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Restricted assets (2)</td><td> </td> <td style="text-align: left"> </td><td id="xdx_987_eus-gaap--RestrictedInvestments_iI_pp0p0_c20230331__us-gaap--FinancialInstrumentAxis__custom--RestrictedAssets1Member_fKDIp_z4dk685XTDmk" style="text-align: right" title="Restricted assets">2,936,896</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_984_eus-gaap--RestrictedInvestments_iI_pp0p0_c20230331__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member__us-gaap--FinancialInstrumentAxis__custom--RestrictedAssets1Member_fKDIp_zvmcdxG4FOrk" style="text-align: right" title="Restricted assets">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98A_eus-gaap--RestrictedInvestments_iI_pp0p0_c20230331__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member__us-gaap--FinancialInstrumentAxis__custom--RestrictedAssets1Member_fKDIp_zQjd5tA437e4" style="text-align: right" title="Restricted assets">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_983_eus-gaap--RestrictedInvestments_iI_pp0p0_c20230331__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member__us-gaap--FinancialInstrumentAxis__custom--RestrictedAssets1Member_fKDIp_zZWQwyiA9Wli" style="text-align: right" title="Restricted assets">2,936,896</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98C_eus-gaap--RestrictedInvestmentsAtFairValue_iI_pp0p0_c20230331__us-gaap--FinancialInstrumentAxis__custom--RestrictedAssets1Member_fKDIp_z4K9zb8ECuHc" style="text-align: right" title="Restricted assets, estimated fair value">2,936,896</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Cemetery perpetual care trust investments (2)</td><td> </td> <td style="text-align: left"> </td><td id="xdx_988_ecustom--CemeteryPerpetualCareTrustInvestments_iI_c20230331__us-gaap--FinancialInstrumentAxis__custom--CemeteryPerpetualCareTrustInvestments2Member_fKDIp_zXaoUZTzka27" style="text-align: right" title="Cemetery perpetual care trust investments">2,709,339</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98B_ecustom--CemeteryPerpetualCareTrustInvestments_iI_c20230331__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member__us-gaap--FinancialInstrumentAxis__custom--CemeteryPerpetualCareTrustInvestments2Member_fKDIp_zse6A24FzyAl" style="text-align: right" title="Cemetery perpetual care trust investments">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_983_ecustom--CemeteryPerpetualCareTrustInvestments_iI_c20230331__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member__us-gaap--FinancialInstrumentAxis__custom--CemeteryPerpetualCareTrustInvestments2Member_fKDIp_zMXzfic9Ex91" style="text-align: right" title="Cemetery perpetual care trust investments">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_986_ecustom--CemeteryPerpetualCareTrustInvestments_iI_c20230331__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member__us-gaap--FinancialInstrumentAxis__custom--CemeteryPerpetualCareTrustInvestments2Member_fKDIp_zhYzGDnvxeV1" style="text-align: right" title="Cemetery perpetual care trust investments">2,709,339</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_981_ecustom--FairValueOfCemeteryPerpetualCareTrustInvestments_iI_c20230331__us-gaap--FinancialInstrumentAxis__custom--CemeteryPerpetualCareTrustInvestments2Member_fKDIp_zmRJKakqwTr7" style="text-align: right" title="Cemetery perpetual care trust investments, estimated fair value">2,709,339</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Mortgage servicing rights, net</td><td> </td> <td style="text-align: left"> </td><td id="xdx_984_eus-gaap--ServicingAssetAtAmortizedValue_iI_pp0p0_c20230331__us-gaap--FinancialInstrumentAxis__custom--MortgageServicingRightsMember_zyyMKIdu2NX5" style="text-align: right" title="Mortgage servicing rights">3,166,133</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_987_eus-gaap--ServicingAssetAtAmortizedValue_iI_pp0p0_c20230331__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member__us-gaap--FinancialInstrumentAxis__custom--MortgageServicingRightsMember_z2imPqLN15x5" style="text-align: right" title="Mortgage servicing rights">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_983_eus-gaap--ServicingAssetAtAmortizedValue_iI_pp0p0_c20230331__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member__us-gaap--FinancialInstrumentAxis__custom--MortgageServicingRightsMember_zFjp08IbiEQ8" style="text-align: right" title="Mortgage servicing rights">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_985_eus-gaap--ServicingAssetAtAmortizedValue_iI_pp0p0_c20230331__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member__us-gaap--FinancialInstrumentAxis__custom--MortgageServicingRightsMember_zzOLPCEUsGXf" style="text-align: right" title="Mortgage servicing rights">4,164,686</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_989_eus-gaap--ServicingAssetAtFairValueAmount_iI_pp0p0_c20230331__us-gaap--FinancialInstrumentAxis__custom--MortgageServicingRightsMember_z5CtuIPLk5Ma" style="text-align: right" title="Mortgage servicing rights, estimated fair value">4,164,686</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td>Liabilities</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Bank and other loans payable</td><td> </td> <td style="text-align: left">$</td><td id="xdx_983_eus-gaap--LoansPayableToBank_iNI_pp0p0_di_c20230331__us-gaap--FinancialInstrumentAxis__custom--BankAndOtherLoansPayableMember_zHAgSGM9549a" style="text-align: right" title="Bank and other loans payable">(138,391,846</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left">$</td><td id="xdx_98E_eus-gaap--LoansPayableToBank_iNI_pp0p0_di_c20230331__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member__us-gaap--FinancialInstrumentAxis__custom--BankAndOtherLoansPayableMember_zD5of8kFrfr9" style="text-align: right" title="Bank and other loans payable">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td id="xdx_986_eus-gaap--LoansPayableToBank_iNI_pp0p0_di_c20230331__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member__us-gaap--FinancialInstrumentAxis__custom--BankAndOtherLoansPayableMember_zuCJ3kJ4synj" style="text-align: right" title="Bank and other loans payable">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td id="xdx_986_eus-gaap--LoansPayableToBank_iNI_pp0p0_di_c20230331__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member__us-gaap--FinancialInstrumentAxis__custom--BankAndOtherLoansPayableMember_zMLbN8EbHQA7" style="text-align: right" title="Bank and other loans payable">(138,391,846</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left">$</td><td id="xdx_982_eus-gaap--LoansPayableFairValueDisclosure_iNI_pp0p0_di_c20230331__us-gaap--FinancialInstrumentAxis__custom--BankAndOtherLoansPayableMember_zmnnMn0N7Jza" style="text-align: right" title="Bank and other loans payable, fair value">(138,391,846</td><td style="text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Policyholder account balances (3)</td><td> </td> <td style="text-align: left"> </td><td id="xdx_989_eus-gaap--LiabilityForFuturePolicyBenefitsAndUnpaidClaimsAndClaimsAdjustmentExpense_iNI_pp0p0_di_c20230331__us-gaap--FinancialInstrumentAxis__custom--PolicyholderAccountBalancesMember_fKDMp_z0PSnq6syHf1" style="text-align: right" title="Future policy benefits and unpaid claims">(40,865,405</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98C_eus-gaap--LiabilityForFuturePolicyBenefitsAndUnpaidClaimsAndClaimsAdjustmentExpense_iNI_pp0p0_di_c20230331__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member__us-gaap--FinancialInstrumentAxis__custom--PolicyholderAccountBalancesMember_fKDMp_zv6boQNpHjo9" style="text-align: right" title="Future policy benefits and unpaid claims">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_980_eus-gaap--LiabilityForFuturePolicyBenefitsAndUnpaidClaimsAndClaimsAdjustmentExpense_iNI_pp0p0_di_c20230331__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member__us-gaap--FinancialInstrumentAxis__custom--PolicyholderAccountBalancesMember_fKDMp_zI7jcSn4OTI1" style="text-align: right" title="Future policy benefits and unpaid claims">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_988_eus-gaap--LiabilityForFuturePolicyBenefitsAndUnpaidClaimsAndClaimsAdjustmentExpense_iNI_pp0p0_di_c20230331__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member__us-gaap--FinancialInstrumentAxis__custom--PolicyholderAccountBalancesMember_fKDMp_zbFGRvovt2F" style="text-align: right" title="Future policy benefits and unpaid claims">(41,529,360</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98D_ecustom--FairValueOfFuturePolicyBenefitsAndUnpaidClaims_iNI_pp0p0_di_c20230331__us-gaap--FinancialInstrumentAxis__custom--PolicyholderAccountBalancesMember_fKDMp_zspZVfwz2ST8" style="text-align: right" title="Future policy benefits and unpaid claims, estimated fair value">(41,529,360</td><td style="text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Future policy benefits - annuities (3)</td><td> </td> <td style="text-align: left"> </td><td id="xdx_989_eus-gaap--LiabilityForFuturePolicyBenefitsAndUnpaidClaimsAndClaimsAdjustmentExpense_iNI_pp0p0_di_c20230331__us-gaap--FinancialInstrumentAxis__custom--FuturePolicyBenefitsAnnuitiesMember_fKDMp_zpUGnScBhDE6" style="text-align: right" title="Future policy benefits and unpaid claims">(106,474,611</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98B_eus-gaap--LiabilityForFuturePolicyBenefitsAndUnpaidClaimsAndClaimsAdjustmentExpense_iNI_pp0p0_di_c20230331__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member__us-gaap--FinancialInstrumentAxis__custom--FuturePolicyBenefitsAnnuitiesMember_fKDMp_zrinwY22nJy4" style="text-align: right" title="Future policy benefits and unpaid claims">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_986_eus-gaap--LiabilityForFuturePolicyBenefitsAndUnpaidClaimsAndClaimsAdjustmentExpense_iNI_pp0p0_di_c20230331__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member__us-gaap--FinancialInstrumentAxis__custom--FuturePolicyBenefitsAnnuitiesMember_fKDMp_z0SpTAtFGPs3" style="text-align: right" title="Future policy benefits and unpaid claims">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98C_eus-gaap--LiabilityForFuturePolicyBenefitsAndUnpaidClaimsAndClaimsAdjustmentExpense_iNI_pp0p0_di_c20230331__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member__us-gaap--FinancialInstrumentAxis__custom--FuturePolicyBenefitsAnnuitiesMember_fKDMp_zeUaXgp1rFC3" style="text-align: right" title="Future policy benefits and unpaid claims">(128,238,451</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td id="xdx_988_ecustom--FairValueOfFuturePolicyBenefitsAndUnpaidClaims_iNI_pp0p0_di_c20230331__us-gaap--FinancialInstrumentAxis__custom--FuturePolicyBenefitsAnnuitiesMember_fKDMp_zWjpzMDGE38h" style="text-align: right" title="Future policy benefits and unpaid claims, estimated fair value">(128,238,451</td><td style="text-align: left">)</td></tr> </table> <div style="width: 20%"><div style="border-top: Black 1.5pt solid; font-size: 1pt"> </div></div> <table border="0" cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"> <tr style="vertical-align: top"> <td style="width: 0.25in">(1)</td> <td id="xdx_F1F_zcnkeVfqhzLi">Included in other investments and policy loans on the condensed consolidated balance sheets </td></tr> <tr style="vertical-align: top"> <td style="width: 0.25in">(2)</td> <td id="xdx_F18_ziB8GSk4Ew54">Mortgage loans held for investment </td></tr> <tr style="vertical-align: top"> <td style="width: 0.25in">(3)</td> <td id="xdx_F12_zCvTaQ6Pde4d">Included in future policy benefits and unpaid claims on the condensed consolidated balance sheets </td></tr> </table> SECURITY NATIONAL FINANCIAL CORPORATION AND SUBSIDIARIES Notes to Condensed Consolidated Financial Statements March 31, 2023 (Unaudited) 8) Fair Value of Financial Instruments (Continued) The carrying values and estimated fair values for such financial instruments, and their corresponding placement in the fair value hierarchy, are summarized as follows as of December 31, 2022: <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: bottom"> <td> </td><td style="padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Carrying Value</td><td style="padding-bottom: 1.5pt"> </td><td style="padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Level 1</td><td style="padding-bottom: 1.5pt"> </td><td style="padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Level 2</td><td style="padding-bottom: 1.5pt"> </td><td style="padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Level 3</td><td style="padding-bottom: 1.5pt"> </td><td style="padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Total Estimated Fair Value</td><td style="padding-bottom: 1.5pt"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td>Assets</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Mortgage loans held for investment</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 10pt; width: 35%">Residential</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_981_eus-gaap--MortgageLoansOnRealEstateCommercialAndConsumerNet_iI_pp0p0_c20221231__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember_zh1kMNpErLGj" style="width: 9%; text-align: right" title="Mortgage loans held for investment">90,290,776</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_989_eus-gaap--MortgageLoansOnRealEstateCommercialAndConsumerNet_iI_pp0p0_c20221231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember_ztNIwDlmry57" style="width: 9%; text-align: right" title="Mortgage loans held for investment">-</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_986_eus-gaap--MortgageLoansOnRealEstateCommercialAndConsumerNet_iI_pp0p0_c20221231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember_z7qiaqnbvPjj" style="width: 9%; text-align: right" title="Mortgage loans held for investment">-</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_987_eus-gaap--MortgageLoansOnRealEstateCommercialAndConsumerNet_iI_pp0p0_c20221231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember_zVzP1OcPF5a6" style="width: 9%; text-align: right" title="Mortgage loans held for investment">88,575,293</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_983_eus-gaap--FinancialInstrumentsOwnedMortgagesMortgageBackedAndAssetBackedSecuritiesAtFairValue_iI_pp0p0_c20221231__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember_zyVeay64G0Mg" style="width: 9%; text-align: right" title="Mortgage loans held for investment, estimated fair value">88,575,293</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-left: 10pt; text-align: left">Residential construction</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98E_eus-gaap--MortgageLoansOnRealEstateCommercialAndConsumerNet_iI_pp0p0_c20221231__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember_zQNVF2BdZrf2" style="text-align: right" title="Mortgage loans held for investment">172,139,077</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_985_eus-gaap--MortgageLoansOnRealEstateCommercialAndConsumerNet_iI_pp0p0_c20221231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember_zvwrvZbr0EIf" style="text-align: right" title="Mortgage loans held for investment">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_983_eus-gaap--MortgageLoansOnRealEstateCommercialAndConsumerNet_iI_pp0p0_c20221231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember_zFYnTmoETpw6" style="text-align: right" title="Mortgage loans held for investment">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98F_eus-gaap--MortgageLoansOnRealEstateCommercialAndConsumerNet_iI_pp0p0_c20221231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember_zZuP7972tMA4" style="text-align: right" title="Mortgage loans held for investment">172,139,077</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_981_eus-gaap--FinancialInstrumentsOwnedMortgagesMortgageBackedAndAssetBackedSecuritiesAtFairValue_iI_pp0p0_c20221231__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember_zH7igCVhyIsi" style="text-align: right" title="Mortgage loans held for investment, estimated fair value">172,139,077</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 10pt; padding-bottom: 1.5pt">Commercial</td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_987_eus-gaap--MortgageLoansOnRealEstateCommercialAndConsumerNet_iI_pp0p0_c20221231__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember_zU8darKxe8yh" style="border-bottom: Black 1pt solid; text-align: right" title="Mortgage loans held for investment">45,694,074</td><td style="padding-bottom: 1.5pt; text-align: left"> </td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_981_eus-gaap--MortgageLoansOnRealEstateCommercialAndConsumerNet_iI_pp0p0_c20221231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember_zP3XfqyM1hA2" style="border-bottom: Black 1pt solid; text-align: right" title="Mortgage loans held for investment">-</td><td style="padding-bottom: 1.5pt; text-align: left"> </td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_980_eus-gaap--MortgageLoansOnRealEstateCommercialAndConsumerNet_iI_pp0p0_c20221231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember_zLGCL0Ea203i" style="border-bottom: Black 1pt solid; text-align: right" title="Mortgage loans held for investment">-</td><td style="padding-bottom: 1.5pt; text-align: left"> </td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98E_eus-gaap--MortgageLoansOnRealEstateCommercialAndConsumerNet_iI_pp0p0_c20221231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember_z8mDQsl1AJcf" style="border-bottom: Black 1pt solid; text-align: right" title="Mortgage loans held for investment">44,079,537</td><td style="padding-bottom: 1.5pt; text-align: left"> </td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_987_eus-gaap--FinancialInstrumentsOwnedMortgagesMortgageBackedAndAssetBackedSecuritiesAtFairValue_iI_pp0p0_c20221231__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember_zBd9JCog4In" style="border-bottom: Black 1pt solid; text-align: right" title="Mortgage loans held for investment, estimated fair value">44,079,537</td><td style="padding-bottom: 1.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Mortgage loans held for investment, net</td><td> </td> <td style="text-align: left">$</td><td id="xdx_980_eus-gaap--MortgageLoansOnRealEstateCommercialAndConsumerNet_iI_pp0p0_c20221231__us-gaap--FinancialInstrumentAxis__custom--MortgageLoansNet1Member_z6uetoJIUqtg" style="text-align: right" title="Mortgage loans held for investment">308,123,927</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td id="xdx_98D_eus-gaap--MortgageLoansOnRealEstateCommercialAndConsumerNet_iI_pp0p0_c20221231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member__us-gaap--FinancialInstrumentAxis__custom--MortgageLoansNet1Member_ziHnpXaurPX" style="text-align: right" title="Mortgage loans held for investment">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td id="xdx_985_eus-gaap--MortgageLoansOnRealEstateCommercialAndConsumerNet_iI_pp0p0_c20221231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member__us-gaap--FinancialInstrumentAxis__custom--MortgageLoansNet1Member_zfdJ4ZPL5DB6" style="text-align: right" title="Mortgage loans held for investment">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td id="xdx_98A_eus-gaap--MortgageLoansOnRealEstateCommercialAndConsumerNet_iI_pp0p0_c20221231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member__us-gaap--FinancialInstrumentAxis__custom--MortgageLoansNet1Member_zjL1geGKiFea" style="text-align: right" title="Mortgage loans held for investment">304,793,907</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td id="xdx_986_eus-gaap--FinancialInstrumentsOwnedMortgagesMortgageBackedAndAssetBackedSecuritiesAtFairValue_iI_pp0p0_c20221231__us-gaap--FinancialInstrumentAxis__custom--MortgageLoansNet1Member_zVS3iVsxn2Uh" style="text-align: right" title="Mortgage loans held for investment, estimated fair value">304,793,907</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Policy loans</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98C_ecustom--PolicyAndOtherLoansReceivableNet1_iI_c20221231__us-gaap--FinancialInstrumentAxis__custom--PolicyLoanMember_zHLDWz6hfiQ4" style="text-align: right" title="Other investments and policy loans">13,095,473</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_987_ecustom--PolicyAndOtherLoansReceivableNet1_iI_c20221231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member__us-gaap--FinancialInstrumentAxis__custom--PolicyLoanMember_zfnfiycet4b" style="text-align: right" title="Other investments and policy loans">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_988_eus-gaap--MortgageLoansOnRealEstateCommercialAndConsumerNet_iI_c20221231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member__us-gaap--FinancialInstrumentAxis__custom--PolicyLoanMember_zv1jln1PeAA3" style="text-align: right" title="Mortgage loans held for investment">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98A_ecustom--PolicyAndOtherLoansReceivableNet1_iI_c20221231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member__us-gaap--FinancialInstrumentAxis__custom--PolicyLoanMember_zKdmUHbCSRWb" style="text-align: right" title="Other investments and policy loans">13,095,473</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98D_ecustom--FairValueOfPolicyAndOtherLoansReceivable_iI_c20221231__us-gaap--FinancialInstrumentAxis__custom--PolicyLoanMember_zTgwDjaWoZsa" style="text-align: right" title="Other investments and policy loans, estimated fair value">13,095,473</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td id="xdx_F45_zHrGOqzJSk4i" style="text-align: left">Insurance assignments, net (1)</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98A_ecustom--PolicyAndOtherLoansReceivableNet1_iI_c20221231__us-gaap--FinancialInstrumentAxis__custom--InsuranceAssignmentsMember_fKDEp_zGdu2t6Kg1T4" style="text-align: right" title="Other investments and policy loans">45,332,585</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98A_ecustom--PolicyAndOtherLoansReceivableNet1_iI_c20221231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member__us-gaap--FinancialInstrumentAxis__custom--InsuranceAssignmentsMember_fKDEp_zJjc6TveKB75" style="text-align: right" title="Other investments and policy loans">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98F_ecustom--PolicyAndOtherLoansReceivableNet1_iI_c20221231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member__us-gaap--FinancialInstrumentAxis__custom--InsuranceAssignmentsMember_fKDEp_zFdauDIILeti" style="text-align: right" title="Other investments and policy loans">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98C_ecustom--PolicyAndOtherLoansReceivableNet1_iI_c20221231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member__us-gaap--FinancialInstrumentAxis__custom--InsuranceAssignmentsMember_fKDEp_zlu5b5dwpI1i" style="text-align: right" title="Other investments and policy loans">45,332,585</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_981_ecustom--FairValueOfPolicyAndOtherLoansReceivable_iI_c20221231__us-gaap--FinancialInstrumentAxis__custom--InsuranceAssignmentsMember_fKDEp_zWkck38XPrK6" style="text-align: right" title="Other investments and policy loans, estimated fair value">45,332,585</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td id="xdx_F48_zh4xiJYiOIyi" style="text-align: left">Restricted assets (2)</td><td> </td> <td style="text-align: left"> </td><td id="xdx_984_eus-gaap--RestrictedInvestments_iI_pp0p0_c20221231__us-gaap--FinancialInstrumentAxis__custom--RestrictedAssets1Member_fKDIp_zUojhQJxjeki" style="text-align: right" title="Restricted assets">1,731,469</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_980_eus-gaap--RestrictedInvestments_iI_pp0p0_c20221231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member__us-gaap--FinancialInstrumentAxis__custom--RestrictedAssets1Member_fKDIp_zhf6bZmskdG7" style="text-align: right" title="Restricted assets">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_988_eus-gaap--RestrictedInvestments_iI_pp0p0_c20221231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member__us-gaap--FinancialInstrumentAxis__custom--RestrictedAssets1Member_fKDIp_zTfyLfCVjTXj" style="text-align: right" title="Restricted assets">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_983_eus-gaap--RestrictedInvestments_iI_pp0p0_c20221231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member__us-gaap--FinancialInstrumentAxis__custom--RestrictedAssets1Member_fKDIp_z1jUif4lCdGa" style="text-align: right" title="Restricted assets">1,731,469</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_980_eus-gaap--RestrictedInvestmentsAtFairValue_iI_pp0p0_c20221231__us-gaap--FinancialInstrumentAxis__custom--RestrictedAssets1Member_fKDIp_zGbypYmXP3A5" style="text-align: right" title="Restricted assets, estimated fair value">1,731,469</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td id="xdx_F46_zvs9WP0gylH4" style="text-align: left">Cemetery perpetual care trust investments (2)</td><td> </td> <td style="text-align: left"> </td><td id="xdx_982_ecustom--CemeteryPerpetualCareTrustInvestments_iI_c20221231__us-gaap--FinancialInstrumentAxis__custom--CemeteryPerpetualCareTrustInvestments2Member_fKDIp_zGfzyrL8NgLi" style="text-align: right" title="Cemetery perpetual care trust investments">1,506,517</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_985_ecustom--CemeteryPerpetualCareTrustInvestments_iI_c20221231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member__us-gaap--FinancialInstrumentAxis__custom--CemeteryPerpetualCareTrustInvestments2Member_fKDIp_ztB2v4XCqdB1" style="text-align: right" title="Cemetery perpetual care trust investments">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_981_ecustom--CemeteryPerpetualCareTrustInvestments_iI_c20221231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member__us-gaap--FinancialInstrumentAxis__custom--CemeteryPerpetualCareTrustInvestments2Member_fKDIp_z95z9Ptqs4Y" style="text-align: right" title="Cemetery perpetual care trust investments">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_980_ecustom--CemeteryPerpetualCareTrustInvestments_iI_c20221231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member__us-gaap--FinancialInstrumentAxis__custom--CemeteryPerpetualCareTrustInvestments2Member_fKDIp_z0jzqCC9FtOg" style="text-align: right" title="Cemetery perpetual care trust investments">1,506,517</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_980_ecustom--FairValueOfCemeteryPerpetualCareTrustInvestments_iI_c20221231__us-gaap--FinancialInstrumentAxis__custom--CemeteryPerpetualCareTrustInvestments2Member_fKDIp_zhPm2GVlnoO5" style="text-align: right" title="Cemetery perpetual care trust investments, estimated fair value">1,506,517</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Mortgage servicing rights, net</td><td> </td> <td style="text-align: left"> </td><td id="xdx_987_eus-gaap--ServicingAssetAtAmortizedValue_iI_pp0p0_c20221231__us-gaap--FinancialInstrumentAxis__custom--MortgageServicingRightsMember_zC30STKYhYWj" style="text-align: right" title="Mortgage servicing rights">3,039,765</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_989_eus-gaap--ServicingAssetAtAmortizedValue_iI_pp0p0_c20221231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member__us-gaap--FinancialInstrumentAxis__custom--MortgageServicingRightsMember_z1spY12ECX65" style="text-align: right" title="Mortgage servicing rights">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_986_eus-gaap--ServicingAssetAtAmortizedValue_iI_pp0p0_c20221231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member__us-gaap--FinancialInstrumentAxis__custom--MortgageServicingRightsMember_z6X9lOCuXSVj" style="text-align: right" title="Mortgage servicing rights">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_982_eus-gaap--ServicingAssetAtAmortizedValue_iI_pp0p0_c20221231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member__us-gaap--FinancialInstrumentAxis__custom--MortgageServicingRightsMember_zA9S7J3G607e" style="text-align: right" title="Mortgage servicing rights">3,927,877</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_983_eus-gaap--ServicingAssetAtFairValueAmount_iI_pp0p0_c20221231__us-gaap--FinancialInstrumentAxis__custom--MortgageServicingRightsMember_zTjUc4AQuuz9" style="text-align: right" title="Mortgage servicing rights, estimated fair value">3,927,877</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td>Liabilities</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Bank and other loans payable</td><td> </td> <td style="text-align: left">$</td><td id="xdx_983_eus-gaap--LoansPayableToBank_iNI_pp0p0_di_c20221231__us-gaap--FinancialInstrumentAxis__custom--BankAndOtherLoansPayableMember_z4pAvQBv0O8g" style="text-align: right" title="Bank and other loans payable">(161,712,804</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left">$</td><td id="xdx_98C_eus-gaap--LoansPayableToBank_iNI_pp0p0_di_c20221231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member__us-gaap--FinancialInstrumentAxis__custom--BankAndOtherLoansPayableMember_zdkGDpAPNX99" style="text-align: right" title="Bank and other loans payable">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td id="xdx_98C_eus-gaap--LoansPayableToBank_iNI_pp0p0_di_c20221231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member__us-gaap--FinancialInstrumentAxis__custom--BankAndOtherLoansPayableMember_zcnnGamU8C59" style="text-align: right" title="Bank and other loans payable">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td id="xdx_989_eus-gaap--LoansPayableToBank_iNI_pp0p0_di_c20221231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member__us-gaap--FinancialInstrumentAxis__custom--BankAndOtherLoansPayableMember_z7i2xB4wgIE" style="text-align: right" title="Bank and other loans payable">(161,712,804</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left">$</td><td id="xdx_982_eus-gaap--LoansPayableFairValueDisclosure_iNI_pp0p0_di_c20221231__us-gaap--FinancialInstrumentAxis__custom--BankAndOtherLoansPayableMember_zSZtoM33kbC8" style="text-align: right" title="Bank and other loans payable, fair value">(161,712,804</td><td style="text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td id="xdx_F47_zVRcsWyxuRge" style="text-align: left">Policyholder account balances (3)</td><td> </td> <td style="text-align: left"> </td><td id="xdx_987_eus-gaap--LiabilityForFuturePolicyBenefitsAndUnpaidClaimsAndClaimsAdjustmentExpense_iNI_pp0p0_di_c20221231__us-gaap--FinancialInstrumentAxis__custom--PolicyholderAccountBalancesMember_fKDMp_zS8eT1djjp6b" style="text-align: right" title="Future policy benefits and unpaid claims">(41,146,171</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td id="xdx_988_eus-gaap--LiabilityForFuturePolicyBenefitsAndUnpaidClaimsAndClaimsAdjustmentExpense_iNI_pp0p0_di_c20221231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member__us-gaap--FinancialInstrumentAxis__custom--PolicyholderAccountBalancesMember_fKDMp_z6v1qKy8N95i" style="text-align: right" title="Future policy benefits and unpaid claims">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98C_eus-gaap--LiabilityForFuturePolicyBenefitsAndUnpaidClaimsAndClaimsAdjustmentExpense_iNI_pp0p0_di_c20221231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member__us-gaap--FinancialInstrumentAxis__custom--PolicyholderAccountBalancesMember_fKDMp_zEAy3318J8Z7" style="text-align: right" title="Future policy benefits and unpaid claims">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_985_eus-gaap--LiabilityForFuturePolicyBenefitsAndUnpaidClaimsAndClaimsAdjustmentExpense_iNI_pp0p0_di_c20221231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member__us-gaap--FinancialInstrumentAxis__custom--PolicyholderAccountBalancesMember_fKDMp_zo3GTcwYCKe1" style="text-align: right" title="Future policy benefits and unpaid claims">(42,181,089</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td id="xdx_988_ecustom--FairValueOfFuturePolicyBenefitsAndUnpaidClaims_iNI_pp0p0_di_c20221231__us-gaap--FinancialInstrumentAxis__custom--PolicyholderAccountBalancesMember_fKDMp_zAbNLVr5lQ1j" style="text-align: right" title="Future policy benefits and unpaid claims, estimated fair value">(42,181,089</td><td style="text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td id="xdx_F40_zK78csIPpwA2" style="text-align: left">Future policy benefits - annuities (3)</td><td> </td> <td style="text-align: left"> </td><td id="xdx_983_eus-gaap--LiabilityForFuturePolicyBenefitsAndUnpaidClaimsAndClaimsAdjustmentExpense_iNI_pp0p0_di_c20221231__us-gaap--FinancialInstrumentAxis__custom--FuturePolicyBenefitsAnnuitiesMember_fKDMp_zJqRh4cJtwv8" style="text-align: right" title="Future policy benefits and unpaid claims">(106,637,094</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98C_eus-gaap--LiabilityForFuturePolicyBenefitsAndUnpaidClaimsAndClaimsAdjustmentExpense_iNI_pp0p0_di_c20221231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member__us-gaap--FinancialInstrumentAxis__custom--FuturePolicyBenefitsAnnuitiesMember_fKDMp_z0wulYeygSJ8" style="text-align: right" title="Future policy benefits and unpaid claims">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98A_eus-gaap--LiabilityForFuturePolicyBenefitsAndUnpaidClaimsAndClaimsAdjustmentExpense_iNI_pp0p0_di_c20221231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member__us-gaap--FinancialInstrumentAxis__custom--FuturePolicyBenefitsAnnuitiesMember_fKDMp_zshkWkJQum84" style="text-align: right" title="Future policy benefits and unpaid claims">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98B_eus-gaap--LiabilityForFuturePolicyBenefitsAndUnpaidClaimsAndClaimsAdjustmentExpense_iNI_pp0p0_di_c20221231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member__us-gaap--FinancialInstrumentAxis__custom--FuturePolicyBenefitsAnnuitiesMember_fKDMp_zoxB8Tfq8TO4" style="text-align: right" title="Future policy benefits and unpaid claims">(126,078,031</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td id="xdx_988_ecustom--FairValueOfFuturePolicyBenefitsAndUnpaidClaims_iNI_pp0p0_di_c20221231__us-gaap--FinancialInstrumentAxis__custom--FuturePolicyBenefitsAnnuitiesMember_fKDMp_za7SRZ3pjMi7" style="text-align: right" title="Future policy benefits and unpaid claims, estimated fair value">(126,078,031</td><td style="text-align: left">)</td></tr> </table> <div style="width: 20%"><div style="border-top: Black 1.5pt solid; font-size: 1pt"> </div></div> <table border="0" cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"> <tr style="vertical-align: top"> <td style="width: 0.25in">(1)</td> <td>Included in other investments and policy loans on the consolidated balance sheets</td></tr> <tr style="vertical-align: top"> <td style="width: 0.25in">(2)</td> <td>Mortgage loans held for investment</td></tr> <tr style="vertical-align: top"> <td style="width: 0.25in">(3)</td> <td>Included in future policy benefits and unpaid claims on the consolidated balance sheets</td></tr> </table>

91417171

89949922

145531682

49597786

48049451

286546639

283531055

13012347 13012347 13012347 43887930 43887930 43887930

2936896

2709339 2709339 2709339

3166133

4164686

138391846

40865405

41529360

106474611

128238451

90290776

88575293

172139077

45694074

44079537

308123927

304793907

13095473 13095473 13095473 45332585 45332585 45332585

1731469

1506517 1506517 1506517

3039765

3927877

161712804

41146171

42181089

106637094

126078031

126078031 0.015 0.065

9) Derivative Instruments Mortgage Banking Derivatives Loan Commitments The Company is exposed to price risk due to the potential impact of changes in interest rates on the values of loan commitments from the time a loan commitment is made to an applicant to the time the loan that would result from the exercise of that loan commitment is funded. Managing price risk is complicated by the fact that the ultimate percentage of loan commitments that will be exercised (i.e., the number of loans that will be funded) fluctuates. The probability that a loan will not be funded or the loan application is denied or withdrawn within the terms of the commitment is driven by a number of factors, particularly the change, if any, in mortgage rates following the issuance of the loan commitment. In general, the probability of funding increases if mortgage rates rise and decreases if mortgage rates fall. This is due primarily to the relative attractiveness of current mortgage rates compared to the applicant’s committed rate. The probability that a loan will not be funded within the terms of the mortgage loan commitment also is influenced by the source of the applications (retail, broker or correspondent channels), proximity to rate lock expiration, purpose for the loan (purchase or refinance), product type and the application approval status. The Company has developed fallout estimates using historical data that take into account all of the variables, as well as renegotiations of rate and point commitments that tend to occur when mortgage rates fall. These fallout estimates are used to estimate the number of loans that the Company expects to be funded within the terms of the loan commitments and are updated periodically to reflect the most current data. The Company estimates the fair value of a loan commitment based on the change in estimated fair value of the underlying mortgage loan, quoted mortgage-backed securities (“MBS”) prices, estimates of the fair value of mortgage servicing rights, and an estimate of the probability that the mortgage loan will fund within the terms of the commitment net of estimated commission expense. The change in fair value of the underlying mortgage loan is measured from the date the loan commitment is issued and is shown net of related expenses. Following issuance, the value of a loan commitment can be either positive or negative depending upon the change in value of the underlying mortgage loans. Fallout rates and other factors from the Company’s recent historical data are used to estimate the quantity and value of mortgage loans that will fund within the terms of the commitments. SECURITY NATIONAL FINANCIAL CORPORATION AND SUBSIDIARIES Notes to Condensed Consolidated Financial Statements March 31, 2023 (Unaudited) 9) Derivative Instruments (Continued) Forward Sale Commitments The Company utilizes forward commitments to economically hedge the price risk associated with its outstanding mortgage loan commitments. A forward commitment protects the Company from losses on sales of the loans arising from exercise of the loan commitments. Management expects these types of commitments will experience changes in fair value opposite to changes in fair value of the loan commitments, thereby reducing earnings volatility related to the recognition in earnings of changes in the values of the commitments. The net changes in fair value of loan commitments and forward sale commitments are shown in current earnings as a component of mortgage fee income on the consolidated statements of earnings. Mortgage banking derivatives are shown in other assets and other liabilities and accrued expenses on the condensed consolidated balance sheets. Call and Put Options Derivatives The Company discontinued its use of selling “out of the money” call options on its equity securities and the use of selling put options as a source of revenue in the first quarter of 2023. The net changes in the fair value of call and put options are shown in current earnings as a component of realized gains (losses) on investments and other assets. Call and put options are shown in other liabilities and accrued expenses on the condensed consolidated balance sheets. The following table shows the fair value and notional amounts of derivative instruments. Schedule of Derivative Assets at Fair Value <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: bottom"> <td> </td><td style="padding-bottom: 1.5pt"> </td> <td> </td><td style="padding-bottom: 1.5pt"> </td> <td colspan="10" style="border-bottom: Black 1pt solid; text-align: center">March 31, 2023</td><td style="padding-bottom: 1.5pt"> </td><td style="padding-bottom: 1.5pt"> </td> <td colspan="10" style="border-bottom: Black 1pt solid; text-align: center">December 31, 2022</td><td style="padding-bottom: 1.5pt"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: center">Balance Sheet Location</td><td style="padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Notional Amount</td><td style="padding-bottom: 1.5pt"> </td><td style="padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Asset Fair Value</td><td style="padding-bottom: 1.5pt"> </td><td style="padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Liability Fair Value</td><td style="padding-bottom: 1.5pt"> </td><td style="padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Notional Amount</td><td style="padding-bottom: 1.5pt"> </td><td style="padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Asset Fair Value</td><td style="padding-bottom: 1.5pt"> </td><td style="padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Liability Fair Value</td><td style="padding-bottom: 1.5pt"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Derivatives not designated as hedging instruments:</td><td> </td> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="width: 32%; text-align: left">Loan commitments</td><td style="width: 2%"> </td> <td style="width: 12%; text-align: center">Other assets and Other liabilities</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_980_eus-gaap--DerivativeNotionalAmount_iI_pp0p0_c20230331__us-gaap--SubsidiarySaleOfStockAxis__custom--LoanCommitmentsMember_zHk6wL5E56ug" style="width: 5%; text-align: right" title="Derivative, notional amount">441,138,434</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_983_eus-gaap--DerivativeAssetNotionalAmount_iI_pp0p0_c20230331__us-gaap--SubsidiarySaleOfStockAxis__custom--LoanCommitmentsMember_zzs6KbljhBN8" style="width: 5%; text-align: right" title="Derivative asset, notional amount">6,560,948</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_98C_eus-gaap--DerivativeLiabilityNotionalAmount_iI_pp0p0_c20230331__us-gaap--SubsidiarySaleOfStockAxis__custom--LoanCommitmentsMember_zOOQHnlt359i" style="width: 5%; text-align: right" title="Derivative liability, notional amount">3,176,119</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_981_eus-gaap--DerivativeNotionalAmount_iI_pp0p0_c20221231__us-gaap--SubsidiarySaleOfStockAxis__custom--LoanCommitmentsMember_zbycZxEPeFIi" style="width: 5%; text-align: right" title="Derivative, notional amount">453,371,808</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_98C_eus-gaap--DerivativeAssetNotionalAmount_iI_pp0p0_c20221231__us-gaap--SubsidiarySaleOfStockAxis__custom--LoanCommitmentsMember_zzRoG1gdbgN8" style="width: 5%; text-align: right" title="Derivative asset, notional amount">4,089,859</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_98A_eus-gaap--DerivativeLiabilityNotionalAmount_iI_pp0p0_c20221231__us-gaap--SubsidiarySaleOfStockAxis__custom--LoanCommitmentsMember_zUXP3rSHWmq1" style="width: 5%; text-align: right" title="Derivative liability, notional amount">1,382,979</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Call options</td><td> </td> <td style="text-align: center">Other liabilities</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98A_eus-gaap--DerivativeNotionalAmount_iI_pp0p0_c20230331__us-gaap--SubsidiarySaleOfStockAxis__us-gaap--CallOptionMember_zyJ3iT2pQQ96" style="text-align: right" title="Derivative, notional amount">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_989_eus-gaap--DerivativeAssetNotionalAmount_iI_pp0p0_c20230331__us-gaap--SubsidiarySaleOfStockAxis__us-gaap--CallOptionMember_zf6BrjsyT8z3" style="text-align: right" title="Derivative asset, notional amount">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98B_eus-gaap--DerivativeLiabilityNotionalAmount_iI_pp0p0_c20230331__us-gaap--SubsidiarySaleOfStockAxis__us-gaap--CallOptionMember_zwhy5r6okzGl" style="text-align: right" title="Derivative liability, notional amount">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_984_eus-gaap--DerivativeNotionalAmount_iI_pp0p0_c20221231__us-gaap--SubsidiarySaleOfStockAxis__us-gaap--CallOptionMember_zL4T99f735U8" style="text-align: right" title="Derivative, notional amount">868,600</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_980_eus-gaap--DerivativeAssetNotionalAmount_iI_pp0p0_c20221231__us-gaap--SubsidiarySaleOfStockAxis__us-gaap--CallOptionMember_zSNSryQbRDB8" style="text-align: right" title="Derivative asset, notional amount">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_989_eus-gaap--DerivativeLiabilityNotionalAmount_iI_pp0p0_c20221231__us-gaap--SubsidiarySaleOfStockAxis__us-gaap--CallOptionMember_zIwdSbLtcypk" style="text-align: right" title="Derivative liability, notional amount">29,715</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 1.5pt">Put options</td><td style="padding-bottom: 1.5pt"> </td> <td style="text-align: center; padding-bottom: 1.5pt">Other liabilities</td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_983_eus-gaap--DerivativeNotionalAmount_iI_pp0p0_c20230331__us-gaap--SubsidiarySaleOfStockAxis__us-gaap--PutOptionMember_z6q7uC3bpmOl" style="border-bottom: Black 1pt solid; text-align: right" title="Derivative, notional amount">-</td><td style="padding-bottom: 1.5pt; text-align: left"> </td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_988_eus-gaap--DerivativeAssetNotionalAmount_iI_pp0p0_c20230331__us-gaap--SubsidiarySaleOfStockAxis__us-gaap--PutOptionMember_zIY5blw9OpMj" style="border-bottom: Black 1pt solid; text-align: right" title="Derivative asset, notional amount">-</td><td style="padding-bottom: 1.5pt; text-align: left"> </td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_982_eus-gaap--DerivativeLiabilityNotionalAmount_iI_pp0p0_c20230331__us-gaap--SubsidiarySaleOfStockAxis__us-gaap--PutOptionMember_zUpq9xT5RmQ5" style="border-bottom: Black 1pt solid; text-align: right" title="Derivative liability, notional amount">-</td><td style="padding-bottom: 1.5pt; text-align: left"> </td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_986_eus-gaap--DerivativeNotionalAmount_iI_pp0p0_c20221231__us-gaap--SubsidiarySaleOfStockAxis__us-gaap--PutOptionMember_zo0ZDOQ6RlYj" style="border-bottom: Black 1pt solid; text-align: right" title="Derivative, notional amount">654,500</td><td style="padding-bottom: 1.5pt; text-align: left"> </td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_982_eus-gaap--DerivativeAssetNotionalAmount_iI_pp0p0_c20221231__us-gaap--SubsidiarySaleOfStockAxis__us-gaap--PutOptionMember_z8gVB3q7BiFi" style="border-bottom: Black 1pt solid; text-align: right" title="Derivative asset, notional amount">-</td><td style="padding-bottom: 1.5pt; text-align: left"> </td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98F_eus-gaap--DerivativeLiabilityNotionalAmount_iI_pp0p0_c20221231__us-gaap--SubsidiarySaleOfStockAxis__us-gaap--PutOptionMember_zvM3YPyAvdZ6" style="border-bottom: Black 1pt solid; text-align: right" title="Derivative liability, notional amount">13,888</td><td style="padding-bottom: 1.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-bottom: 2.5pt">Total</td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_981_eus-gaap--DerivativeNotionalAmount_iI_pp0p0_c20230331__us-gaap--SubsidiarySaleOfStockAxis__custom--NetDerivativesLoanCommitmentsMember_zHZOjR8HVGBk" style="border-bottom: Black 2.5pt double; text-align: right" title="Derivative, notional amount">441,138,434</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98D_eus-gaap--DerivativeAssetNotionalAmount_iI_pp0p0_c20230331__us-gaap--SubsidiarySaleOfStockAxis__custom--NetDerivativesLoanCommitmentsMember_zfsIUn8RQJpe" style="border-bottom: Black 2.5pt double; text-align: right" title="Derivative asset, notional amount">6,560,948</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_982_eus-gaap--DerivativeLiabilityNotionalAmount_iI_pp0p0_c20230331__us-gaap--SubsidiarySaleOfStockAxis__custom--NetDerivativesLoanCommitmentsMember_zaQIWnNOfNG8" style="border-bottom: Black 2.5pt double; text-align: right" title="Derivative liability, notional amount">3,176,119</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98E_eus-gaap--DerivativeNotionalAmount_iI_pp0p0_c20221231__us-gaap--SubsidiarySaleOfStockAxis__custom--NetDerivativesLoanCommitmentsMember_zOSxUpXauHj1" style="border-bottom: Black 2.5pt double; text-align: right" title="Derivative, notional amount">454,894,908</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98C_eus-gaap--DerivativeAssetNotionalAmount_iI_pp0p0_c20221231__us-gaap--SubsidiarySaleOfStockAxis__custom--NetDerivativesLoanCommitmentsMember_zpxZMcKgtoW8" style="border-bottom: Black 2.5pt double; text-align: right" title="Derivative asset, notional amount">4,089,859</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_984_eus-gaap--DerivativeLiabilityNotionalAmount_iI_pp0p0_c20221231__us-gaap--SubsidiarySaleOfStockAxis__custom--NetDerivativesLoanCommitmentsMember_z1WcJRfdTRUe" style="border-bottom: Black 2.5pt double; text-align: right" title="Derivative liability, notional amount">1,426,582</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> The following table presents the gains on derivatives. There were no gains or losses reclassified from accumulated other comprehensive income into income or gains or losses recognized in income on derivatives ineffective portion, or any amounts excluded from effective testing. Schedule of Gains and Losses on Derivatives <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 80%"> <tr style="vertical-align: bottom"> <td> </td><td> </td> <td> </td><td> </td> <td colspan="6" style="text-align: center">Net Amount Gain (Loss)</td><td> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="padding-bottom: 1.5pt"> </td> <td> </td><td style="padding-bottom: 1.5pt"> </td> <td colspan="6" style="border-bottom: Black 1pt solid; text-align: center">Three Months Ended March 31</td><td style="padding-bottom: 1.5pt"> </td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: Black 1pt solid; text-align: center">Derivative</td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: center">Classification</td><td style="padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">2023</td><td style="padding-bottom: 1.5pt"> </td><td style="padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">2022</td><td style="padding-bottom: 1.5pt"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 40%; text-align: left; padding-bottom: 2.5pt">Loan commitments</td><td style="width: 2%; padding-bottom: 2.5pt"> </td> <td style="width: 22%; text-align: left; padding-bottom: 2.5pt">Mortgage fee income</td><td style="width: 2%; padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; width: 1%; text-align: left">$</td><td id="xdx_98E_eus-gaap--DerivativeGainLossOnDerivativeNet_pp0p0_c20230101__20230331__us-gaap--SubsidiarySaleOfStockAxis__custom--LoanCommitmentsMember_zblEKSStbb7b" style="border-bottom: Black 2.5pt double; width: 14%; text-align: right" title="Loan commitments, Mortgage fee income">677,952</td><td style="width: 1%; padding-bottom: 2.5pt; text-align: left"> </td><td style="width: 2%; padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; width: 1%; text-align: left">$</td><td id="xdx_981_eus-gaap--DerivativeGainLossOnDerivativeNet_pp0p0_c20220101__20220331__us-gaap--SubsidiarySaleOfStockAxis__custom--LoanCommitmentsMember_zREvgVhqBe7d" style="border-bottom: Black 2.5pt double; width: 14%; text-align: right" title="Loan commitments, Mortgage fee income">2,675,371</td><td style="width: 1%; padding-bottom: 2.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 2.5pt">Call and put options</td><td style="padding-bottom: 2.5pt"> </td> <td style="text-align: left; padding-bottom: 2.5pt">Gains on investments and other assets</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98A_eus-gaap--DerivativeGainLossOnDerivativeNet_pp0p0_c20230101__20230331__us-gaap--SubsidiarySaleOfStockAxis__custom--CallAndPutOptionsMember_zkSsI2EF5ujk" style="border-bottom: Black 2.5pt double; text-align: right" title="Gain (loss) on derivatives">49,963</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98F_eus-gaap--DerivativeGainLossOnDerivativeNet_pp0p0_c20220101__20220331__us-gaap--SubsidiarySaleOfStockAxis__custom--CallAndPutOptionsMember_zkI6qa3yWUFj" style="border-bottom: Black 2.5pt double; text-align: right" title="Gain (loss) on derivatives">61,195</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> SECURITY NATIONAL FINANCIAL CORPORATION AND SUBSIDIARIES Notes to Condensed Consolidated Financial Statements March 31, 2023 (Unaudited)

The following table shows the fair value and notional amounts of derivative instruments. Schedule of Derivative Assets at Fair Value <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: bottom"> <td> </td><td style="padding-bottom: 1.5pt"> </td> <td> </td><td style="padding-bottom: 1.5pt"> </td> <td colspan="10" style="border-bottom: Black 1pt solid; text-align: center">March 31, 2023</td><td style="padding-bottom: 1.5pt"> </td><td style="padding-bottom: 1.5pt"> </td> <td colspan="10" style="border-bottom: Black 1pt solid; text-align: center">December 31, 2022</td><td style="padding-bottom: 1.5pt"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: center">Balance Sheet Location</td><td style="padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Notional Amount</td><td style="padding-bottom: 1.5pt"> </td><td style="padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Asset Fair Value</td><td style="padding-bottom: 1.5pt"> </td><td style="padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Liability Fair Value</td><td style="padding-bottom: 1.5pt"> </td><td style="padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Notional Amount</td><td style="padding-bottom: 1.5pt"> </td><td style="padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Asset Fair Value</td><td style="padding-bottom: 1.5pt"> </td><td style="padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Liability Fair Value</td><td style="padding-bottom: 1.5pt"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Derivatives not designated as hedging instruments:</td><td> </td> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="width: 32%; text-align: left">Loan commitments</td><td style="width: 2%"> </td> <td style="width: 12%; text-align: center">Other assets and Other liabilities</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_980_eus-gaap--DerivativeNotionalAmount_iI_pp0p0_c20230331__us-gaap--SubsidiarySaleOfStockAxis__custom--LoanCommitmentsMember_zHk6wL5E56ug" style="width: 5%; text-align: right" title="Derivative, notional amount">441,138,434</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_983_eus-gaap--DerivativeAssetNotionalAmount_iI_pp0p0_c20230331__us-gaap--SubsidiarySaleOfStockAxis__custom--LoanCommitmentsMember_zzs6KbljhBN8" style="width: 5%; text-align: right" title="Derivative asset, notional amount">6,560,948</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_98C_eus-gaap--DerivativeLiabilityNotionalAmount_iI_pp0p0_c20230331__us-gaap--SubsidiarySaleOfStockAxis__custom--LoanCommitmentsMember_zOOQHnlt359i" style="width: 5%; text-align: right" title="Derivative liability, notional amount">3,176,119</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_981_eus-gaap--DerivativeNotionalAmount_iI_pp0p0_c20221231__us-gaap--SubsidiarySaleOfStockAxis__custom--LoanCommitmentsMember_zbycZxEPeFIi" style="width: 5%; text-align: right" title="Derivative, notional amount">453,371,808</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_98C_eus-gaap--DerivativeAssetNotionalAmount_iI_pp0p0_c20221231__us-gaap--SubsidiarySaleOfStockAxis__custom--LoanCommitmentsMember_zzRoG1gdbgN8" style="width: 5%; text-align: right" title="Derivative asset, notional amount">4,089,859</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_98A_eus-gaap--DerivativeLiabilityNotionalAmount_iI_pp0p0_c20221231__us-gaap--SubsidiarySaleOfStockAxis__custom--LoanCommitmentsMember_zUXP3rSHWmq1" style="width: 5%; text-align: right" title="Derivative liability, notional amount">1,382,979</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Call options</td><td> </td> <td style="text-align: center">Other liabilities</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98A_eus-gaap--DerivativeNotionalAmount_iI_pp0p0_c20230331__us-gaap--SubsidiarySaleOfStockAxis__us-gaap--CallOptionMember_zyJ3iT2pQQ96" style="text-align: right" title="Derivative, notional amount">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_989_eus-gaap--DerivativeAssetNotionalAmount_iI_pp0p0_c20230331__us-gaap--SubsidiarySaleOfStockAxis__us-gaap--CallOptionMember_zf6BrjsyT8z3" style="text-align: right" title="Derivative asset, notional amount">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98B_eus-gaap--DerivativeLiabilityNotionalAmount_iI_pp0p0_c20230331__us-gaap--SubsidiarySaleOfStockAxis__us-gaap--CallOptionMember_zwhy5r6okzGl" style="text-align: right" title="Derivative liability, notional amount">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_984_eus-gaap--DerivativeNotionalAmount_iI_pp0p0_c20221231__us-gaap--SubsidiarySaleOfStockAxis__us-gaap--CallOptionMember_zL4T99f735U8" style="text-align: right" title="Derivative, notional amount">868,600</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_980_eus-gaap--DerivativeAssetNotionalAmount_iI_pp0p0_c20221231__us-gaap--SubsidiarySaleOfStockAxis__us-gaap--CallOptionMember_zSNSryQbRDB8" style="text-align: right" title="Derivative asset, notional amount">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_989_eus-gaap--DerivativeLiabilityNotionalAmount_iI_pp0p0_c20221231__us-gaap--SubsidiarySaleOfStockAxis__us-gaap--CallOptionMember_zIwdSbLtcypk" style="text-align: right" title="Derivative liability, notional amount">29,715</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 1.5pt">Put options</td><td style="padding-bottom: 1.5pt"> </td> <td style="text-align: center; padding-bottom: 1.5pt">Other liabilities</td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_983_eus-gaap--DerivativeNotionalAmount_iI_pp0p0_c20230331__us-gaap--SubsidiarySaleOfStockAxis__us-gaap--PutOptionMember_z6q7uC3bpmOl" style="border-bottom: Black 1pt solid; text-align: right" title="Derivative, notional amount">-</td><td style="padding-bottom: 1.5pt; text-align: left"> </td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_988_eus-gaap--DerivativeAssetNotionalAmount_iI_pp0p0_c20230331__us-gaap--SubsidiarySaleOfStockAxis__us-gaap--PutOptionMember_zIY5blw9OpMj" style="border-bottom: Black 1pt solid; text-align: right" title="Derivative asset, notional amount">-</td><td style="padding-bottom: 1.5pt; text-align: left"> </td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_982_eus-gaap--DerivativeLiabilityNotionalAmount_iI_pp0p0_c20230331__us-gaap--SubsidiarySaleOfStockAxis__us-gaap--PutOptionMember_zUpq9xT5RmQ5" style="border-bottom: Black 1pt solid; text-align: right" title="Derivative liability, notional amount">-</td><td style="padding-bottom: 1.5pt; text-align: left"> </td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_986_eus-gaap--DerivativeNotionalAmount_iI_pp0p0_c20221231__us-gaap--SubsidiarySaleOfStockAxis__us-gaap--PutOptionMember_zo0ZDOQ6RlYj" style="border-bottom: Black 1pt solid; text-align: right" title="Derivative, notional amount">654,500</td><td style="padding-bottom: 1.5pt; text-align: left"> </td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_982_eus-gaap--DerivativeAssetNotionalAmount_iI_pp0p0_c20221231__us-gaap--SubsidiarySaleOfStockAxis__us-gaap--PutOptionMember_z8gVB3q7BiFi" style="border-bottom: Black 1pt solid; text-align: right" title="Derivative asset, notional amount">-</td><td style="padding-bottom: 1.5pt; text-align: left"> </td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98F_eus-gaap--DerivativeLiabilityNotionalAmount_iI_pp0p0_c20221231__us-gaap--SubsidiarySaleOfStockAxis__us-gaap--PutOptionMember_zvM3YPyAvdZ6" style="border-bottom: Black 1pt solid; text-align: right" title="Derivative liability, notional amount">13,888</td><td style="padding-bottom: 1.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-bottom: 2.5pt">Total</td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_981_eus-gaap--DerivativeNotionalAmount_iI_pp0p0_c20230331__us-gaap--SubsidiarySaleOfStockAxis__custom--NetDerivativesLoanCommitmentsMember_zHZOjR8HVGBk" style="border-bottom: Black 2.5pt double; text-align: right" title="Derivative, notional amount">441,138,434</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98D_eus-gaap--DerivativeAssetNotionalAmount_iI_pp0p0_c20230331__us-gaap--SubsidiarySaleOfStockAxis__custom--NetDerivativesLoanCommitmentsMember_zfsIUn8RQJpe" style="border-bottom: Black 2.5pt double; text-align: right" title="Derivative asset, notional amount">6,560,948</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_982_eus-gaap--DerivativeLiabilityNotionalAmount_iI_pp0p0_c20230331__us-gaap--SubsidiarySaleOfStockAxis__custom--NetDerivativesLoanCommitmentsMember_zaQIWnNOfNG8" style="border-bottom: Black 2.5pt double; text-align: right" title="Derivative liability, notional amount">3,176,119</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98E_eus-gaap--DerivativeNotionalAmount_iI_pp0p0_c20221231__us-gaap--SubsidiarySaleOfStockAxis__custom--NetDerivativesLoanCommitmentsMember_zOSxUpXauHj1" style="border-bottom: Black 2.5pt double; text-align: right" title="Derivative, notional amount">454,894,908</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98C_eus-gaap--DerivativeAssetNotionalAmount_iI_pp0p0_c20221231__us-gaap--SubsidiarySaleOfStockAxis__custom--NetDerivativesLoanCommitmentsMember_zpxZMcKgtoW8" style="border-bottom: Black 2.5pt double; text-align: right" title="Derivative asset, notional amount">4,089,859</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_984_eus-gaap--DerivativeLiabilityNotionalAmount_iI_pp0p0_c20221231__us-gaap--SubsidiarySaleOfStockAxis__custom--NetDerivativesLoanCommitmentsMember_z1WcJRfdTRUe" style="border-bottom: Black 2.5pt double; text-align: right" title="Derivative liability, notional amount">1,426,582</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table>

441138434

6560948

3176119

453371808

4089859

1382979

868600

29715

654500

13888

441138434

6560948

3176119

454894908

4089859

1426582

The following table presents the gains on derivatives. There were no gains or losses reclassified from accumulated other comprehensive income into income or gains or losses recognized in income on derivatives ineffective portion, or any amounts excluded from effective testing. Schedule of Gains and Losses on Derivatives <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 80%"> <tr style="vertical-align: bottom"> <td> </td><td> </td> <td> </td><td> </td> <td colspan="6" style="text-align: center">Net Amount Gain (Loss)</td><td> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="padding-bottom: 1.5pt"> </td> <td> </td><td style="padding-bottom: 1.5pt"> </td> <td colspan="6" style="border-bottom: Black 1pt solid; text-align: center">Three Months Ended March 31</td><td style="padding-bottom: 1.5pt"> </td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: Black 1pt solid; text-align: center">Derivative</td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: center">Classification</td><td style="padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">2023</td><td style="padding-bottom: 1.5pt"> </td><td style="padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">2022</td><td style="padding-bottom: 1.5pt"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 40%; text-align: left; padding-bottom: 2.5pt">Loan commitments</td><td style="width: 2%; padding-bottom: 2.5pt"> </td> <td style="width: 22%; text-align: left; padding-bottom: 2.5pt">Mortgage fee income</td><td style="width: 2%; padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; width: 1%; text-align: left">$</td><td id="xdx_98E_eus-gaap--DerivativeGainLossOnDerivativeNet_pp0p0_c20230101__20230331__us-gaap--SubsidiarySaleOfStockAxis__custom--LoanCommitmentsMember_zblEKSStbb7b" style="border-bottom: Black 2.5pt double; width: 14%; text-align: right" title="Loan commitments, Mortgage fee income">677,952</td><td style="width: 1%; padding-bottom: 2.5pt; text-align: left"> </td><td style="width: 2%; padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; width: 1%; text-align: left">$</td><td id="xdx_981_eus-gaap--DerivativeGainLossOnDerivativeNet_pp0p0_c20220101__20220331__us-gaap--SubsidiarySaleOfStockAxis__custom--LoanCommitmentsMember_zREvgVhqBe7d" style="border-bottom: Black 2.5pt double; width: 14%; text-align: right" title="Loan commitments, Mortgage fee income">2,675,371</td><td style="width: 1%; padding-bottom: 2.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 2.5pt">Call and put options</td><td style="padding-bottom: 2.5pt"> </td> <td style="text-align: left; padding-bottom: 2.5pt">Gains on investments and other assets</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98A_eus-gaap--DerivativeGainLossOnDerivativeNet_pp0p0_c20230101__20230331__us-gaap--SubsidiarySaleOfStockAxis__custom--CallAndPutOptionsMember_zkSsI2EF5ujk" style="border-bottom: Black 2.5pt double; text-align: right" title="Gain (loss) on derivatives">49,963</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98F_eus-gaap--DerivativeGainLossOnDerivativeNet_pp0p0_c20220101__20220331__us-gaap--SubsidiarySaleOfStockAxis__custom--CallAndPutOptionsMember_zkI6qa3yWUFj" style="border-bottom: Black 2.5pt double; text-align: right" title="Gain (loss) on derivatives">61,195</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table>

677952

2675371

49963

61195

10) Reinsurance, Commitments and Contingencies Reinsurance The Company follows the procedure of reinsuring risks in excess of a specified limit, which ranges from $25,000 to $100,000. The Company is liable for these amounts in the event such reinsurers are unable to pay their portion of the claims. The Company evaluates the financial condition of reinsurers and monitors the concentration of credit risk. The Company has also assumed insurance from other companies. Mortgage Loan Loss Settlements Future loan losses can be extremely difficult to estimate. However, the Company believes that the Company’s reserve methodology and its current practice of property preservation allow it to estimate its potential losses on loans sold. See Note 4 to the condensed consolidated financial statements for additional information about the Company’s loan loss reserve. Debt Covenants for Mortgage Warehouse Lines of Credit The Company, through its subsidiary SecurityNational Mortgage, has a $<span id="xdx_901_eus-gaap--LineOfCreditFacilityMaximumBorrowingCapacity_iI_pp0p0_c20230331__us-gaap--LineOfCreditFacilityAxis__custom--WellsFargoBankNAMember_z4lJ4KPZH383" title="Line of credit, maximum borrowing capacity">100,000,000 line of credit with Wells Fargo Bank N.A. <span id="xdx_90B_eus-gaap--LineOfCreditFacilityInterestRateDescription_c20230101__20230331__us-gaap--LineOfCreditFacilityAxis__custom--WellsFargoBankNAMember_zsG8hr7ecP73" title="Line of credit, interest rate, description">The agreement charges interest at the 1-Month SOFR rate plus 2.1% and matures on June 2, 2023. SecurityNational Mortgage is required to comply with covenants for adjusted tangible net worth, unrestricted cash balance, the ratio of indebtedness to adjusted tangible net worth, and the liquidity overhead coverage ratio, and a quarterly gross profit of at least $1.00. The Company, through its subsidiary SecurityNational Mortgage, has a line of credit with Texas Capital Bank N.A. This agreement with the bank allows SecurityNational Mortgage to borrow up to $<span id="xdx_90F_eus-gaap--LineOfCreditFacilityMaximumBorrowingCapacity_iI_pp0p0_c20230331__us-gaap--LineOfCreditFacilityAxis__custom--TexasCapitalBankNAMember_zut5HDVlQ4Jl" title="Line of credit, maximum borrowing capacity">100,000,000 for the sole purpose of funding mortgage loans. <span id="xdx_909_eus-gaap--LineOfCreditFacilityInterestRateDescription_c20230101__20230331__us-gaap--LineOfCreditFacilityAxis__custom--TexasCapitalBankNAMember_zDpR7UuEjpL6" title="Line of credit, interest rate, description">The agreement charges interest at the 1-Month SOFR rate plus 2% and matures on <span id="xdx_906_eus-gaap--LineOfCreditFacilityExpirationDate1_dd_c20230101__20230331__us-gaap--LineOfCreditFacilityAxis__custom--TexasCapitalBankNAMember_zeZRmj3Hik37" title="Line of credit, maturity date">November 9, 2023. The Company is required to comply with covenants for adjusted tangible net worth, unrestricted cash balance, and minimum combined pre-tax income (excluding any changes in the fair value of mortgage servicing rights) of at least $1.00 on a rolling four-quarter basis. The Company through its subsidiary SecurityNational Mortgage, has a line of credit with Comerica Bank. This agreement with the bank allows SecurityNational Mortgage to borrow up to $<span id="xdx_900_eus-gaap--LineOfCreditFacilityMaximumBorrowingCapacity_iI_pp0p0_c20230331__us-gaap--LineOfCreditFacilityAxis__custom--ComericaBankMember_z5gccTD6li41" title="Line of credit, maximum borrowing capacity">75,000,000 for the sole purpose of funding mortgage loans. <span id="xdx_903_eus-gaap--LineOfCreditFacilityInterestRateDescription_c20230101__20230331__us-gaap--LineOfCreditFacilityAxis__custom--ComericaBankMember_zbBDxpUROkel" title="Line of credit, interest rate, description">The agreement charges interest at the 1-Month SOFR rate plus 2.50% and matures on May 26, 2023. The Company is required to comply with covenants for adjusted tangible net worth, unrestricted cash balance, and minimum combined pre-tax income (excluding any changes in the fair value of mortgage servicing rights) of at least $1.00 on a rolling twelve months. The Company through its subsidiary SecurityNational Mortgage, has a line of credit with U.S Bank. This agreement with the bank allows SecurityNational Mortgage to borrow up to $<span id="xdx_905_eus-gaap--LineOfCreditFacilityMaximumBorrowingCapacity_iI_pp0p0_c20230331__us-gaap--LineOfCreditFacilityAxis__custom--USBankMember_z6nMP7sG8Zog" title="Line of credit, maximum borrowing capacity">50,000,000 for the sole purpose of funding mortgage loans. <span id="xdx_903_eus-gaap--LineOfCreditFacilityInterestRateDescription_c20230101__20230331__us-gaap--LineOfCreditFacilityAxis__custom--USBankMember_zkq98Glrr1ec" title="Line of credit, interest rate, description">The agreement charges interest at 2.10% plus the greater of (i) 0%, and (ii) the one-month forward-looking term rate based on SOFR and matures on June 2, 2023. The Company is required to comply with covenants for adjusted tangible net worth, unrestricted cash balance, and minimum combined pre-tax income (excluding any changes in the fair value of mortgage servicing rights) of at least $1.00 on a rolling twelve months. The agreements for warehouse lines include cross default provisions in that a covenant violation under one agreement constitutes a covenant violation under the other agreement. As of March 31, 2023, the Company was not in compliance with the net income covenant on its warehouse line with U.S. Bank and has received or is in the process of receiving waivers from the warehouse banks. In the unlikely event the Company is required to repay the outstanding advances of approximately $8,900,000 on the Texas Capital Bank N.A. warehouse line that has not provided a covenant waiver, the Company has sufficient cash and borrowing capacity on the warehouse lines that have provided covenant waivers to fund its origination activities. SECURITY NATIONAL FINANCIAL CORPORATION AND SUBSIDIARIES Notes to Condensed Consolidated Financial Statements March 31, 2023 (Unaudited) 10) Reinsurance, Commitments and Contingencies Other Contingencies and Commitments The Company has entered into commitments to fund construction and land development loans and has also provided financing for land acquisition and development. As of March 31, 2023, the Company’s commitments were approximately $192,542,000 for these loans, of which $151,740,182 had been funded. The Company will advance funds once the work has been completed and an independent inspection is made. The maximum loan commitment ranges between 50% and 80% of appraised value. The Company receives fees and interest for these loans and the interest rate is generally fixed <span id="xdx_902_eus-gaap--DebtInstrumentInterestRateStatedPercentage_iI_dp_uPure_c20230331__us-gaap--DebtInstrumentAxis__us-gaap--LoansMember__srt--RangeAxis__srt--MinimumMember_z9nV3AZYMNMh" title="Interest rate">5.25% to <span id="xdx_900_eus-gaap--DebtInstrumentInterestRateStatedPercentage_iI_dp_uPure_c20230331__us-gaap--DebtInstrumentAxis__us-gaap--LoansMember__srt--RangeAxis__srt--MaximumMember_zgyqYD2QkTd7" title="Interest rate">8.50% per annum. Maturities range between six and eighteen months. The Company belongs to a captive insurance group for certain casualty insurance, worker compensation and liability programs. Insurance reserves are maintained relative to these programs. The level of exposure from catastrophic events is limited by the purchase of stop-loss and aggregate liability reinsurance coverage. When estimating the insurance liabilities and related reserves, the captive insurance management considers a number of factors, which include historical claims experience, demographic factors, severity factors and valuations provided by independent third-party actuaries. If actual claims or adverse development of loss reserves occurs and exceed these estimates, additional reserves may be required. The estimation process contains uncertainty since captive insurance management must use judgment to estimate the ultimate cost that will be incurred to settle reported claims and unreported claims for incidents incurred but not reported as of the balance sheet date. The Company is a defendant in various other legal actions arising from the normal conduct of business. Management believes that none of the actions, if adversely determined, will have a material effect on the Company’s financial position or results of operations. Based on management’s assessment and legal counsel’s representations concerning the likelihood of unfavorable outcomes, no amounts have been accrued for the above claims in the consolidated financial statements. The Company is not a party to any other material legal proceedings outside the ordinary course of business or to any other legal proceedings, which, if adversely determined, would have a material adverse effect on its financial condition or results of operations. SECURITY NATIONAL FINANCIAL CORPORATION AND SUBSIDIARIES Notes to Condensed Consolidated Financial Statements March 31, 2023 (Unaudited)

25000

100000

100000000

The agreement charges interest at the 1-Month SOFR rate plus 2.1%

2023-06-02

1.00

100000000

The agreement charges interest at the 1-Month SOFR rate plus 2%

2023-11-09

1.00

75000000

The agreement charges interest at the 1-Month SOFR rate plus 2.50%

2023-05-26

1.00

50000000

The agreement charges interest at 2.10% plus the greater of (i) 0%

2023-06-02

1.00

8900000

192542000

151740182 0.50 0.80

0.0525

0.0850

11) Mortgage Servicing Rights The Company initially records these MSRs at fair value as discussed in Note 8. After being initially recorded at fair value, MSRs backed by mortgage loans are accounted for using the amortization method. Amortization expense is included in other expenses on the consolidated statements of earnings. MSR amortization is determined by amortizing the MSR balance in proportion to, and over the period of the estimated future net servicing income of the underlying financial assets. The Company periodically assesses MSRs for impairment. Impairment occurs when the current fair value of the MSR falls below the asset’s carrying value (carrying value is the amortized cost reduced by any related valuation allowance). If MSRs are impaired, the impairment is recognized in current-period earnings and the carrying value of the MSRs is adjusted through a valuation allowance. Management periodically reviews the various loan strata to determine whether the value of the MSRs in a given stratum is impaired and likely to recover. When management deems recovery of the value to be unlikely in the foreseeable future, a write-down of the cost of the MSRs for that stratum to its estimated recoverable value is charged to the valuation allowance. The following table presents the MSR activity. Schedule of Mortgage Servicing Rights <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: bottom"> <td> </td><td style="padding-bottom: 1.5pt"> </td> <td colspan="2" id="xdx_494_20230101__20230331_zzMtcAx1I2w5" style="border-bottom: Black 1pt solid; text-align: center">As of March 31 2023</td><td style="padding-bottom: 1.5pt"> </td><td style="padding-bottom: 1.5pt"> </td> <td colspan="2" id="xdx_491_20220101__20221231_zUxLHbzlCoH6" style="border-bottom: Black 1pt solid; text-align: center">As of December 31 2022</td><td style="padding-bottom: 1.5pt"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Amortized cost:</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr id="xdx_403_eus-gaap--ServicingAssetAtAmortizedValue_iS_zmIBE0d83dJe" style="vertical-align: bottom; background-color: White"> <td style="width: 60%; text-align: left">Balance before valuation allowance at beginning of year</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 16%; text-align: right">3,039,765</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 16%; text-align: right">53,060,455</td><td style="width: 1%; text-align: left"> </td></tr> <tr id="xdx_401_eus-gaap--PaymentsToAcquireMortgageServicingRightsMSR_zLzad50wAeK2" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">MSR additions resulting from loan sales (1)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">287,710</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">10,243,922</td><td style="text-align: left"> </td></tr> <tr id="xdx_40B_eus-gaap--AmortizationOfMortgageServicingRightsMSRs_iN_di_z70CTY2Nvo3l" style="vertical-align: bottom; background-color: White"> <td>Amortization (2)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(161,342</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(9,078,706</td><td style="text-align: left">)</td></tr> <tr id="xdx_404_ecustom--SaleOfMortgageServicingRights_iN_di_zuHW59YRZm8e" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td>Sale of MSRs</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(51,185,906</td><td style="text-align: left">)</td></tr> <tr id="xdx_40D_ecustom--MortgageServicingRightsWriteDownOtherThanTemporaryImpairment_zu9qYkRFwFdg" style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 1.5pt">Application of valuation allowance to write down MSRs with other than temporary impairment</td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">-</td><td style="padding-bottom: 1.5pt; text-align: left"> </td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">-</td><td style="padding-bottom: 1.5pt; text-align: left"> </td></tr> <tr id="xdx_400_eus-gaap--ServicingAssetAtAmortizedValue_iE_zIt8iNl6biej" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 1.5pt">Balance before valuation allowance at end of period</td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left">$</td><td style="border-bottom: Black 1pt solid; text-align: right">3,166,133</td><td style="padding-bottom: 1.5pt; text-align: left"> </td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left">$</td><td style="border-bottom: Black 1pt solid; text-align: right">3,039,765</td><td style="padding-bottom: 1.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Valuation allowance for impairment of MSRs:</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr id="xdx_409_ecustom--ValuationAllowanceImpairmentOfMortgageServicingRights_iS_zLTSGKP19xx4" style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Balance at beginning of year</td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">-</td><td style="text-align: left"> </td></tr> <tr id="xdx_402_eus-gaap--MortgageServicingRightsMSRImpairmentRecovery_z87XXPTySQRd" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td>Additions</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td></tr> <tr id="xdx_402_ecustom--MortgageServicingRightsWriteDownOtherThanTemporaryImpairment_z4tEffYIJQDf" style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 1.5pt">Application of valuation allowance to write down MSRs with other than temporary impairment</td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">-</td><td style="padding-bottom: 1.5pt; text-align: left"> </td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">-</td><td style="padding-bottom: 1.5pt; text-align: left"> </td></tr> <tr id="xdx_406_ecustom--ValuationAllowanceImpairmentOfMortgageServicingRights_iE_zT2WEBxZoQsa" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-bottom: 1.5pt">Balance at end of period</td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left">$</td><td style="border-bottom: Black 1pt solid; text-align: right">-</td><td style="padding-bottom: 1.5pt; text-align: left"> </td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left">$</td><td style="border-bottom: Black 1pt solid; text-align: right">-</td><td style="padding-bottom: 1.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 2.5pt">Mortgage servicing rights, net</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_985_eus-gaap--ServicingAssetAtAmortizedValue_iI_pp0p0_c20230331_zyBUjxVPayil" style="border-bottom: Black 2.5pt double; text-align: right" title="Mortgage servicing rights, net">3,166,133</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_983_eus-gaap--ServicingAssetAtAmortizedValue_iI_pp0p0_c20221231_zJwbJj78BZ8b" style="border-bottom: Black 2.5pt double; text-align: right" title="Mortgage servicing rights, net">3,039,765</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-bottom: 2.5pt">Estimated fair value of MSRs at end of period</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98A_eus-gaap--ServicingAssetAtFairValueAmount_iI_pp0p0_c20230331_zYOmvgKO9j06" style="border-bottom: Black 2.5pt double; text-align: right" title="Estimated fair value of MSRs at end of period">4,164,686</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98E_eus-gaap--ServicingAssetAtFairValueAmount_iI_pp0p0_c20221231_zAfcCLbttgj1" style="border-bottom: Black 2.5pt double; text-align: right" title="Estimated fair value of MSRs at end of period">3,927,877</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> <div style="width: 20%"><div style="border-top: Black 1.5pt solid; font-size: 1pt"> </div></div> <table border="0" cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"> <tr style="vertical-align: top"> <td style="width: 0.25in">(1)</td> <td>Included in mortgage fee income on the condensed consolidated statements of earnings</td></tr> <tr style="vertical-align: top"> <td style="width: 0.25in">(2)</td> <td>Included in other expenses on the condensed consolidated statements of earnings</td></tr> </table> SECURITY NATIONAL FINANCIAL CORPORATION AND SUBSIDIARIES Notes to Condensed Consolidated Financial Statements March 31, 2023 (Unaudited) 11) Mortgage Servicing Rights The following table summarizes the Company’s estimate of future amortization of its existing MSRs carried at amortized cost. This projection was developed using the assumptions made by management in its March 31, 2023 valuation of MSRs. The assumptions underlying the following estimate will change as market conditions and portfolio composition and behavior change, causing both actual and projected amortization levels to change over time. Therefore, the following estimates will change in a manner and amount not presently determinable by management. Schedule of Finite-Lived Intangible Assets, Future Amortization Expense, Mortgage Servicing Rights <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 60%"> <tr style="vertical-align: bottom"> <td> </td><td style="padding-bottom: 1.5pt"> </td> <td colspan="2" id="xdx_490_20230331_zWqBKJGY5dq9" style="border-bottom: Black 1pt solid; text-align: center">Estimated MSR Amortization</td><td style="padding-bottom: 1.5pt"> </td></tr> <tr id="xdx_40E_eus-gaap--FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear_iI_pp0p0_maFLIANzrh9_z6ZKwLtXDi7h" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 68%; text-align: left">2023</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 28%; text-align: right">345,340</td><td style="width: 1%; text-align: left"> </td></tr> <tr id="xdx_401_eus-gaap--FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths_iI_pp0p0_maFLIANzrh9_ztLXG3DkCXO4" style="vertical-align: bottom; background-color: White"> <td style="text-align: left">2024</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">309,193</td><td style="text-align: left"> </td></tr> <tr id="xdx_40E_eus-gaap--FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo_iI_pp0p0_maFLIANzrh9_zPyOKZYqh135" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">2025</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">277,298</td><td style="text-align: left"> </td></tr> <tr id="xdx_40A_eus-gaap--FiniteLivedIntangibleAssetsAmortizationExpenseYearThree_iI_pp0p0_maFLIANzrh9_zODN4CW3Kp41" style="vertical-align: bottom; background-color: White"> <td style="text-align: left">2026</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">246,874</td><td style="text-align: left"> </td></tr> <tr id="xdx_40C_eus-gaap--FiniteLivedIntangibleAssetsAmortizationExpenseYearFour_iI_pp0p0_maFLIANzrh9_zh1pJgSb7fP" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">2027</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">221,541</td><td style="text-align: left"> </td></tr> <tr id="xdx_40B_eus-gaap--FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive_iI_pp0p0_maFLIANzrh9_zgaqXbqGP3Kc" style="vertical-align: bottom; background-color: White"> <td style="padding-bottom: 1.5pt">Thereafter</td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">1,765,887</td><td style="padding-bottom: 1.5pt; text-align: left"> </td></tr> <tr id="xdx_404_eus-gaap--FiniteLivedIntangibleAssetsNet_iTI_pp0p0_mtFLIANzrh9_ze6Pgnz8u7Qc" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-bottom: 2.5pt">Total</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">3,166,133</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> 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 <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 70%"> <tr style="display: none; vertical-align: bottom"> <td> </td><td style="padding-bottom: 1.5pt"> </td> <td colspan="2" id="xdx_49A_20230101__20230331_zfms2bVAnIN3" style="border-bottom: Black 1pt solid; text-align: center">2023</td><td style="padding-bottom: 1.5pt"> </td><td style="padding-bottom: 1.5pt"> </td> <td colspan="2" id="xdx_499_20220101__20220331_zoW1nPpJbtBk" style="border-bottom: Black 1pt solid; text-align: center">2022</td><td style="padding-bottom: 1.5pt"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="padding-bottom: 1.5pt"> </td> <td colspan="6" style="border-bottom: Black 1pt solid; text-align: center">Three Months Ended March 31</td><td style="padding-bottom: 1.5pt"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">2023</td><td style="padding-bottom: 1.5pt"> </td><td style="padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">2022</td><td style="padding-bottom: 1.5pt"> </td></tr> <tr id="xdx_407_eus-gaap--ContractuallySpecifiedServicingFeesAmount_maCSSFLzWeU_z80z0ZnFpGy2" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 64%; text-align: left"><span id="xdx_909_eus-gaap--ContractuallySpecifiedServicingFeeIncomeStatementOfIncomeOrComprehensiveIncomeExtensibleEnumeration_iP3us-gaap--ContractuallySpecifiedServicingFeesAmount_dxL_c20230101__20230331_zmPArq5U1m04" title="::XDX::http%3A%2F%2Ffasb.org%2Fus-gaap%2F2023%23OtherIncome"><span id="xdx_906_eus-gaap--ContractuallySpecifiedServicingFeeIncomeStatementOfIncomeOrComprehensiveIncomeExtensibleEnumeration_iP3us-gaap--ContractuallySpecifiedServicingFeesAmount_dxL_c20220101__20220331_zHzB7Iae8B6e" title="::XDX::http%3A%2F%2Ffasb.org%2Fus-gaap%2F2023%23OtherIncome">Contractual servicing fees</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 14%; text-align: right">410,400</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 14%; text-align: right">4,506,260</td><td style="width: 1%; text-align: left"> </td></tr> <tr id="xdx_40B_eus-gaap--LateFeeIncomeGeneratedByServicingFinancialAssetsAmount_maCSSFLzWeU_zFD9uSPD6UJ2" style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 1.5pt"><span id="xdx_901_eus-gaap--LateFeeIncomeServicingFinancialAssetStatementOfIncomeOrComprehensiveIncomeExtensibleEnumeration_iP3us-gaap--LateFeeIncomeGeneratedByServicingFinancialAssetsAmount_dxL_c20230101__20230331_zv4WZ59voiei" title="::XDX::http%3A%2F%2Ffasb.org%2Fus-gaap%2F2023%23OtherIncome"><span id="xdx_90E_eus-gaap--LateFeeIncomeServicingFinancialAssetStatementOfIncomeOrComprehensiveIncomeExtensibleEnumeration_iP3us-gaap--ContractuallySpecifiedServicingFeesAmount_dxL_c20220101__20220331_ziweFHi26J35" title="::XDX::http%3A%2F%2Ffasb.org%2Fus-gaap%2F2023%23OtherIncome">Late fees</td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">49,313</td><td style="padding-bottom: 1.5pt; text-align: left"> </td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">100,038</td><td style="padding-bottom: 1.5pt; text-align: left"> </td></tr> <tr id="xdx_40D_eus-gaap--ContractuallySpecifiedServicingFeesLateFeesAndAncillaryFeesEarnedInExchangeForServicingFinancialAssets_iT_mtCSSFLzWeU_z269Jb1yPn1e" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-bottom: 2.5pt">Total</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">459,713</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">4,606,298</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> The following is a summary of the unpaid principal balances (“UPB”) of the servicing portfolio. Summary of Unpaid Principal Balances of the Servicing Portfolio <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 70%"> <tr style="vertical-align: bottom"> <td> </td><td style="padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">As of March 31 2023</td><td style="padding-bottom: 1.5pt"> </td><td style="padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">As of December 31 2022</td><td style="padding-bottom: 1.5pt"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 48%; text-align: left">Servicing UPB</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_988_ecustom--ServicingUnpaidPrincipalBalance_iI_pp0p0_c20230331_ziuCEigRbOYb" style="width: 22%; text-align: right" title="Servicing unpaid principal balance">376,394,059</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_984_ecustom--ServicingUnpaidPrincipalBalance_iI_pp0p0_c20221231_zR5tfKbz0rSa" style="width: 22%; text-align: right" title="Servicing unpaid principal balance">360,023,384</td><td style="width: 1%; text-align: left"> </td></tr> </table> The following key assumptions were used in determining MSR value: Schedule of Assumptions Used in Determining MSR Value <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 70%"> <tr style="vertical-align: bottom"> <td> </td><td style="padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Prepayment Speeds</td><td style="padding-bottom: 1.5pt"> </td><td style="padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Average Life (Years)</td><td style="padding-bottom: 1.5pt"> </td><td style="padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Discount Rate</td><td style="padding-bottom: 1.5pt"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 46%">March 31, 2023</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td id="xdx_989_ecustom--PrepaymentSpeeds_uPure_c20230101__20230331_zIXL3HKeDFAj" style="width: 14%; text-align: right" title="Prepayment speed">8.80</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 14%; text-align: right">8.10</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td id="xdx_985_ecustom--DiscountRate_uPure_c20230101__20230331_zqv4Qib5VGji" style="width: 14%; text-align: right" title="Discount rate">11.78</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td>December 31, 2022</td><td> </td> <td style="text-align: left"> </td><td id="xdx_986_ecustom--PrepaymentSpeeds_uPure_c20220101__20221231_zxCrE8HPBwYb" style="text-align: right" title="Prepayment speed">8.12</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">8.49</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_983_ecustom--DiscountRate_uPure_c20220101__20221231_zqMn3pEAmeze" style="text-align: right" title="Discount rate">11.95</td><td style="text-align: left"> </td></tr> </table> On October 31, 2022, the Company sold certain of its MSRs. The MSRs related to mortgage loans previously originated by the Company in aggregate unpaid principal amount of approximately $7.02 billion. As a result of the sale, the book value of the Company’s MSRs decreased $51,185,906 and generated a gain of $34,051,938 included in mortgage fee income on the consolidated statements of earnings. Substantially all of the consideration was received by the Company with the remainder subject to certain holdbacks during transfer of the MSRs. The Company completed the physical transfer of files prior to its deadline. The Company received half of the holdbacks in the first quarter of 2023 and anticipates the release of the remaining holdbacks in the second quarter of 2023. SECURITY NATIONAL FINANCIAL CORPORATION AND SUBSIDIARIES Notes to Condensed Consolidated Financial Statements March 31, 2023 (Unaudited)

The following table presents the MSR activity. Schedule of Mortgage Servicing Rights <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: bottom"> <td> </td><td style="padding-bottom: 1.5pt"> </td> <td colspan="2" id="xdx_494_20230101__20230331_zzMtcAx1I2w5" style="border-bottom: Black 1pt solid; text-align: center">As of March 31 2023</td><td style="padding-bottom: 1.5pt"> </td><td style="padding-bottom: 1.5pt"> </td> <td colspan="2" id="xdx_491_20220101__20221231_zUxLHbzlCoH6" style="border-bottom: Black 1pt solid; text-align: center">As of December 31 2022</td><td style="padding-bottom: 1.5pt"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Amortized cost:</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr id="xdx_403_eus-gaap--ServicingAssetAtAmortizedValue_iS_zmIBE0d83dJe" style="vertical-align: bottom; background-color: White"> <td style="width: 60%; text-align: left">Balance before valuation allowance at beginning of year</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 16%; text-align: right">3,039,765</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 16%; text-align: right">53,060,455</td><td style="width: 1%; text-align: left"> </td></tr> <tr id="xdx_401_eus-gaap--PaymentsToAcquireMortgageServicingRightsMSR_zLzad50wAeK2" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">MSR additions resulting from loan sales (1)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">287,710</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">10,243,922</td><td style="text-align: left"> </td></tr> <tr id="xdx_40B_eus-gaap--AmortizationOfMortgageServicingRightsMSRs_iN_di_z70CTY2Nvo3l" style="vertical-align: bottom; background-color: White"> <td>Amortization (2)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(161,342</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(9,078,706</td><td style="text-align: left">)</td></tr> <tr id="xdx_404_ecustom--SaleOfMortgageServicingRights_iN_di_zuHW59YRZm8e" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td>Sale of MSRs</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(51,185,906</td><td style="text-align: left">)</td></tr> <tr id="xdx_40D_ecustom--MortgageServicingRightsWriteDownOtherThanTemporaryImpairment_zu9qYkRFwFdg" style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 1.5pt">Application of valuation allowance to write down MSRs with other than temporary impairment</td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">-</td><td style="padding-bottom: 1.5pt; text-align: left"> </td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">-</td><td style="padding-bottom: 1.5pt; text-align: left"> </td></tr> <tr id="xdx_400_eus-gaap--ServicingAssetAtAmortizedValue_iE_zIt8iNl6biej" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 1.5pt">Balance before valuation allowance at end of period</td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left">$</td><td style="border-bottom: Black 1pt solid; text-align: right">3,166,133</td><td style="padding-bottom: 1.5pt; text-align: left"> </td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left">$</td><td style="border-bottom: Black 1pt solid; text-align: right">3,039,765</td><td style="padding-bottom: 1.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Valuation allowance for impairment of MSRs:</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr id="xdx_409_ecustom--ValuationAllowanceImpairmentOfMortgageServicingRights_iS_zLTSGKP19xx4" style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Balance at beginning of year</td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">-</td><td style="text-align: left"> </td></tr> <tr id="xdx_402_eus-gaap--MortgageServicingRightsMSRImpairmentRecovery_z87XXPTySQRd" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td>Additions</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td></tr> <tr id="xdx_402_ecustom--MortgageServicingRightsWriteDownOtherThanTemporaryImpairment_z4tEffYIJQDf" style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 1.5pt">Application of valuation allowance to write down MSRs with other than temporary impairment</td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">-</td><td style="padding-bottom: 1.5pt; text-align: left"> </td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">-</td><td style="padding-bottom: 1.5pt; text-align: left"> </td></tr> <tr id="xdx_406_ecustom--ValuationAllowanceImpairmentOfMortgageServicingRights_iE_zT2WEBxZoQsa" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-bottom: 1.5pt">Balance at end of period</td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left">$</td><td style="border-bottom: Black 1pt solid; text-align: right">-</td><td style="padding-bottom: 1.5pt; text-align: left"> </td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left">$</td><td style="border-bottom: Black 1pt solid; text-align: right">-</td><td style="padding-bottom: 1.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 2.5pt">Mortgage servicing rights, net</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_985_eus-gaap--ServicingAssetAtAmortizedValue_iI_pp0p0_c20230331_zyBUjxVPayil" style="border-bottom: Black 2.5pt double; text-align: right" title="Mortgage servicing rights, net">3,166,133</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_983_eus-gaap--ServicingAssetAtAmortizedValue_iI_pp0p0_c20221231_zJwbJj78BZ8b" style="border-bottom: Black 2.5pt double; text-align: right" title="Mortgage servicing rights, net">3,039,765</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-bottom: 2.5pt">Estimated fair value of MSRs at end of period</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98A_eus-gaap--ServicingAssetAtFairValueAmount_iI_pp0p0_c20230331_zYOmvgKO9j06" style="border-bottom: Black 2.5pt double; text-align: right" title="Estimated fair value of MSRs at end of period">4,164,686</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98E_eus-gaap--ServicingAssetAtFairValueAmount_iI_pp0p0_c20221231_zAfcCLbttgj1" style="border-bottom: Black 2.5pt double; text-align: right" title="Estimated fair value of MSRs at end of period">3,927,877</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> <div style="width: 20%"><div style="border-top: Black 1.5pt solid; font-size: 1pt"> </div></div> <table border="0" cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"> <tr style="vertical-align: top"> <td style="width: 0.25in">(1)</td> <td>Included in mortgage fee income on the condensed consolidated statements of earnings</td></tr> <tr style="vertical-align: top"> <td style="width: 0.25in">(2)</td> <td>Included in other expenses on the condensed consolidated statements of earnings</td></tr> </table>

3039765

53060455

287710

10243922

161342

9078706

51185906

3166133

3039765

3166133

3039765

4164686

3927877

The following table summarizes the Company’s estimate of future amortization of its existing MSRs carried at amortized cost. This projection was developed using the assumptions made by management in its March 31, 2023 valuation of MSRs. The assumptions underlying the following estimate will change as market conditions and portfolio composition and behavior change, causing both actual and projected amortization levels to change over time. Therefore, the following estimates will change in a manner and amount not presently determinable by management. Schedule of Finite-Lived Intangible Assets, Future Amortization Expense, Mortgage Servicing Rights <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 60%"> <tr style="vertical-align: bottom"> <td> </td><td style="padding-bottom: 1.5pt"> </td> <td colspan="2" id="xdx_490_20230331_zWqBKJGY5dq9" style="border-bottom: Black 1pt solid; text-align: center">Estimated MSR Amortization</td><td style="padding-bottom: 1.5pt"> </td></tr> <tr id="xdx_40E_eus-gaap--FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear_iI_pp0p0_maFLIANzrh9_z6ZKwLtXDi7h" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 68%; text-align: left">2023</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 28%; text-align: right">345,340</td><td style="width: 1%; text-align: left"> </td></tr> <tr id="xdx_401_eus-gaap--FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths_iI_pp0p0_maFLIANzrh9_ztLXG3DkCXO4" style="vertical-align: bottom; background-color: White"> <td style="text-align: left">2024</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">309,193</td><td style="text-align: left"> </td></tr> <tr id="xdx_40E_eus-gaap--FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo_iI_pp0p0_maFLIANzrh9_zPyOKZYqh135" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">2025</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">277,298</td><td style="text-align: left"> </td></tr> <tr id="xdx_40A_eus-gaap--FiniteLivedIntangibleAssetsAmortizationExpenseYearThree_iI_pp0p0_maFLIANzrh9_zODN4CW3Kp41" style="vertical-align: bottom; background-color: White"> <td style="text-align: left">2026</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">246,874</td><td style="text-align: left"> </td></tr> <tr id="xdx_40C_eus-gaap--FiniteLivedIntangibleAssetsAmortizationExpenseYearFour_iI_pp0p0_maFLIANzrh9_zh1pJgSb7fP" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">2027</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">221,541</td><td style="text-align: left"> </td></tr> <tr id="xdx_40B_eus-gaap--FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive_iI_pp0p0_maFLIANzrh9_zgaqXbqGP3Kc" style="vertical-align: bottom; background-color: White"> <td style="padding-bottom: 1.5pt">Thereafter</td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">1,765,887</td><td style="padding-bottom: 1.5pt; text-align: left"> </td></tr> <tr id="xdx_404_eus-gaap--FiniteLivedIntangibleAssetsNet_iTI_pp0p0_mtFLIANzrh9_ze6Pgnz8u7Qc" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-bottom: 2.5pt">Total</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">3,166,133</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table>

345340

309193

277298

246874

221541

1765887

3166133

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 <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 70%"> <tr style="display: none; vertical-align: bottom"> <td> </td><td style="padding-bottom: 1.5pt"> </td> <td colspan="2" id="xdx_49A_20230101__20230331_zfms2bVAnIN3" style="border-bottom: Black 1pt solid; text-align: center">2023</td><td style="padding-bottom: 1.5pt"> </td><td style="padding-bottom: 1.5pt"> </td> <td colspan="2" id="xdx_499_20220101__20220331_zoW1nPpJbtBk" style="border-bottom: Black 1pt solid; text-align: center">2022</td><td style="padding-bottom: 1.5pt"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="padding-bottom: 1.5pt"> </td> <td colspan="6" style="border-bottom: Black 1pt solid; text-align: center">Three Months Ended March 31</td><td style="padding-bottom: 1.5pt"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">2023</td><td style="padding-bottom: 1.5pt"> </td><td style="padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">2022</td><td style="padding-bottom: 1.5pt"> </td></tr> <tr id="xdx_407_eus-gaap--ContractuallySpecifiedServicingFeesAmount_maCSSFLzWeU_z80z0ZnFpGy2" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 64%; text-align: left"><span id="xdx_909_eus-gaap--ContractuallySpecifiedServicingFeeIncomeStatementOfIncomeOrComprehensiveIncomeExtensibleEnumeration_iP3us-gaap--ContractuallySpecifiedServicingFeesAmount_dxL_c20230101__20230331_zmPArq5U1m04" title="::XDX::http%3A%2F%2Ffasb.org%2Fus-gaap%2F2023%23OtherIncome"><span id="xdx_906_eus-gaap--ContractuallySpecifiedServicingFeeIncomeStatementOfIncomeOrComprehensiveIncomeExtensibleEnumeration_iP3us-gaap--ContractuallySpecifiedServicingFeesAmount_dxL_c20220101__20220331_zHzB7Iae8B6e" title="::XDX::http%3A%2F%2Ffasb.org%2Fus-gaap%2F2023%23OtherIncome">Contractual servicing fees</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 14%; text-align: right">410,400</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 14%; text-align: right">4,506,260</td><td style="width: 1%; text-align: left"> </td></tr> <tr id="xdx_40B_eus-gaap--LateFeeIncomeGeneratedByServicingFinancialAssetsAmount_maCSSFLzWeU_zFD9uSPD6UJ2" style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 1.5pt"><span id="xdx_901_eus-gaap--LateFeeIncomeServicingFinancialAssetStatementOfIncomeOrComprehensiveIncomeExtensibleEnumeration_iP3us-gaap--LateFeeIncomeGeneratedByServicingFinancialAssetsAmount_dxL_c20230101__20230331_zv4WZ59voiei" title="::XDX::http%3A%2F%2Ffasb.org%2Fus-gaap%2F2023%23OtherIncome"><span id="xdx_90E_eus-gaap--LateFeeIncomeServicingFinancialAssetStatementOfIncomeOrComprehensiveIncomeExtensibleEnumeration_iP3us-gaap--ContractuallySpecifiedServicingFeesAmount_dxL_c20220101__20220331_ziweFHi26J35" title="::XDX::http%3A%2F%2Ffasb.org%2Fus-gaap%2F2023%23OtherIncome">Late fees</td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">49,313</td><td style="padding-bottom: 1.5pt; text-align: left"> </td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">100,038</td><td style="padding-bottom: 1.5pt; text-align: left"> </td></tr> <tr id="xdx_40D_eus-gaap--ContractuallySpecifiedServicingFeesLateFeesAndAncillaryFeesEarnedInExchangeForServicingFinancialAssets_iT_mtCSSFLzWeU_z269Jb1yPn1e" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-bottom: 2.5pt">Total</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">459,713</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">4,606,298</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table>

410400

4506260

49313

100038

459713

4606298

The following is a summary of the unpaid principal balances (“UPB”) of the servicing portfolio. Summary of Unpaid Principal Balances of the Servicing Portfolio <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 70%"> <tr style="vertical-align: bottom"> <td> </td><td style="padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">As of March 31 2023</td><td style="padding-bottom: 1.5pt"> </td><td style="padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">As of December 31 2022</td><td style="padding-bottom: 1.5pt"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 48%; text-align: left">Servicing UPB</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_988_ecustom--ServicingUnpaidPrincipalBalance_iI_pp0p0_c20230331_ziuCEigRbOYb" style="width: 22%; text-align: right" title="Servicing unpaid principal balance">376,394,059</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_984_ecustom--ServicingUnpaidPrincipalBalance_iI_pp0p0_c20221231_zR5tfKbz0rSa" style="width: 22%; text-align: right" title="Servicing unpaid principal balance">360,023,384</td><td style="width: 1%; text-align: left"> </td></tr> </table> 376394059 360023384 The following key assumptions were used in determining MSR value: Schedule of Assumptions Used in Determining MSR Value <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 70%"> <tr style="vertical-align: bottom"> <td> </td><td style="padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Prepayment Speeds</td><td style="padding-bottom: 1.5pt"> </td><td style="padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Average Life (Years)</td><td style="padding-bottom: 1.5pt"> </td><td style="padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Discount Rate</td><td style="padding-bottom: 1.5pt"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 46%">March 31, 2023</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td id="xdx_989_ecustom--PrepaymentSpeeds_uPure_c20230101__20230331_zIXL3HKeDFAj" style="width: 14%; text-align: right" title="Prepayment speed">8.80</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 14%; text-align: right">8.10</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td id="xdx_985_ecustom--DiscountRate_uPure_c20230101__20230331_zqv4Qib5VGji" style="width: 14%; text-align: right" title="Discount rate">11.78</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td>December 31, 2022</td><td> </td> <td style="text-align: left"> </td><td id="xdx_986_ecustom--PrepaymentSpeeds_uPure_c20220101__20221231_zxCrE8HPBwYb" style="text-align: right" title="Prepayment speed">8.12</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">8.49</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_983_ecustom--DiscountRate_uPure_c20220101__20221231_zqMn3pEAmeze" style="text-align: right" title="Discount rate">11.95</td><td style="text-align: left"> </td></tr> </table> 8.80 P8Y1M6D 11.78 8.12 P8Y5M26D 11.95

7020000000.00

51185906

34051938

12) Income Taxes The Company’s overall effective tax rate for the three month periods ended March 31, 2023 and 2022 was 21.8% and 27.3%, respectively, which resulted in a provision for income taxes of $344,716 and $1,214,798, respectively. The Company’s effective tax rates differ from the U.S. federal statutory rate of 21% partially due to its provision for state income taxes. The decrease in the effective tax rate when compared to the prior year is partially due to the Company’s provision for state income taxes. Interim income taxes are based on an estimated annualized effective tax rate applied to the respective quarterly periods, adjusted for discrete tax items in the period in which they occur. Although the Company believes its tax estimates are reasonable, the Company can make no assurance that the final tax outcome of these matters will not be different from that which it has reflected in its historical income tax provisions and accruals.

0.218

0.273

344716

1214798

0.21

13) Revenues from Contracts with Customers The Company reports revenues from contracts with customers pursuant to ASC No. 606, Revenue from Contracts with Customers. Information about Performance Obligations and Contract Balances The Company’s cemetery and mortuary segment sells a variety of goods and services to customers in both at-need and pre-need situations. Due to the timing of the fulfillment of the obligation, revenue is deferred until that obligation is fulfilled. The Company’s three types of future obligations are as follows: Pre-need Merchandise and Service Revenue: All pre-need merchandise and service revenue is deferred, and the funds are placed in trust until the need arises, the merchandise is received or the service is performed. The trust is then relieved, and the revenue and commissions are recognized. At-need Specialty Merchandise Revenue: At-need specialty merchandise revenue consists of customizable merchandise ordered from a manufacturer such as markers and bases. When specialty merchandise is ordered, it can take time to manufacture and deliver the product. Revenue is deferred until the at-need merchandise is received. Deferred Pre-need Land Revenue: Deferred pre-need revenue and corresponding commissions are deferred until <span id="xdx_903_eus-gaap--RevenueRemainingPerformanceObligationPercentage_iI_pid_dp_c20230331__srt--ProductOrServiceAxis__custom--DeferredPreNeedLandRevenueMember_zHvn4ok1F9Rl" title="Revenue, remaining performance obligation, percentage">10% of the funds are received from the customer through regular monthly payments. Deferred pre-need land revenue is not placed in trust. Complete payment of the contract does not constitute fulfillment of the performance obligation. Goods or services are deferred until such time the service is performed or merchandise is received. Pre-need contracts are required to be paid in full prior to a customer using a good or service from a pre-need contract. Goods and services from pre-need contracts can be transferred when paid in full from one owner to another. In such cases, the Company will act as an agent in transferring the requested goods and services. A transfer of goods and services does not fulfill an obligation and revenue remains deferred. SECURITY NATIONAL FINANCIAL CORPORATION AND SUBSIDIARIES Notes to Condensed Consolidated Financial Statements March 31, 2023 (Unaudited) 13) Revenues from Contracts with Customers (Continued) <p id="xdx_895_ecustom--ScheduleOfOpeningAndClosingBalancesOfReceivablesContractAssetsAndContractLiabilitiesTextBlock_zUAXdlIdsG65" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The opening and closing balances of the Company’s receivables, contract assets and contract liabilities are as follows: Schedule of Opening and Closing Balances of Receivables, Contract Assets and Contract Liabilities <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 90%"> <tr style="vertical-align: bottom"> <td> </td><td style="padding-bottom: 1.5pt"> </td> <td colspan="10" style="border-bottom: Black 1pt solid; text-align: center">Contract Balances</td><td style="padding-bottom: 1.5pt"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="padding-bottom: 1.5pt"> </td> <td colspan="2" id="xdx_F5A_zqtk9jK7sTF7" style="border-bottom: Black 1pt solid; text-align: center">Receivables (1)</td><td style="padding-bottom: 1.5pt"> </td><td style="padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Contract Asset</td><td style="padding-bottom: 1.5pt"> </td><td style="padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Contract Liability</td><td style="padding-bottom: 1.5pt"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 40%">Opening (1/1/2023)</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_983_eus-gaap--ContractWithCustomerAssetGross_iS_pp0p0_c20230101__20230331_fKDEp_z6ZQLoa7MsJ1" style="width: 16%; text-align: right" title="Receivables, beginning balance">5,392,779</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 16%; text-align: right">-</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_98C_eus-gaap--DeferredRevenue_iS_pp0p0_c20230101__20230331_zxIKo2YLgeCe" style="width: 16%; text-align: right" title="Contract liability, beginning balance">16,226,836</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-bottom: 1.5pt">Closing (3/31/2023)</td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_982_eus-gaap--ContractWithCustomerAssetGross_iE_pp0p0_c20230101__20230331_fKDEp_zw2CJIyxqBii" style="border-bottom: Black 1pt solid; text-align: right" title="Receivables, ending balance">5,145,833</td><td style="padding-bottom: 1.5pt; text-align: left"> </td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">-</td><td style="padding-bottom: 1.5pt; text-align: left"> </td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98C_eus-gaap--DeferredRevenue_iE_pp0p0_c20230101__20230331_zYmfuwGuGG25" style="border-bottom: Black 1pt solid; text-align: right" title="Contract liability, ending balance">16,583,024</td><td style="padding-bottom: 1.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-bottom: 2.5pt">Increase/(decrease)</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td><td id="xdx_985_eus-gaap--IncreaseDecreaseInAccountsReceivable_pp0p0_c20230101__20230331_fKDEp_zwzSuXe0BMsi" style="border-bottom: Black 2.5pt double; text-align: right" title="Increase (decrease) in accounts receivable">(246,946</td><td style="padding-bottom: 2.5pt; text-align: left">)</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td><td style="border-bottom: Black 2.5pt double; text-align: right">-</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td><td id="xdx_987_eus-gaap--IncreaseDecreaseInContractWithCustomerLiability_pp0p0_c20230101__20230331_zmaIEz9R8IOj" style="border-bottom: Black 2.5pt double; text-align: right" title="Increase (decrease) in contract liability">356,188</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 90%"> <tr style="vertical-align: bottom"> <td> </td><td style="padding-bottom: 1.5pt"> </td> <td colspan="10" style="border-bottom: Black 1pt solid; text-align: center">Contract Balances</td><td style="padding-bottom: 1.5pt"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="padding-bottom: 1.5pt"> </td> <td colspan="2" id="xdx_F53_zXM4XG4ANgx9" style="border-bottom: Black 1pt solid; text-align: center">Receivables (1)</td><td style="padding-bottom: 1.5pt"> </td><td style="padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Contract Asset</td><td style="padding-bottom: 1.5pt"> </td><td style="padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Contract Liability</td><td style="padding-bottom: 1.5pt"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 40%">Opening (1/1/2022)</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_982_eus-gaap--ContractWithCustomerAssetGross_iS_pp0p0_c20220101__20221231_fKDEp_zy8lWG4EbnLh" style="width: 16%; text-align: right" title="Receivables, beginning balance">5,298,636</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 16%; text-align: right">-</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_98E_eus-gaap--DeferredRevenue_iS_pp0p0_c20220101__20221231_zvclbKdRwI89" style="width: 16%; text-align: right" title="Contract liability, beginning balance">14,508,022</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-bottom: 1.5pt">Closing (12/31/2022)</td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_988_eus-gaap--ContractWithCustomerAssetGross_iE_pp0p0_c20220101__20221231_fKDEp_zKgfWtr2bhJc" style="border-bottom: Black 1pt solid; text-align: right" title="Receivables, ending balance">5,392,779</td><td style="padding-bottom: 1.5pt; text-align: left"> </td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">-</td><td style="padding-bottom: 1.5pt; text-align: left"> </td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_981_eus-gaap--DeferredRevenue_iE_pp0p0_c20220101__20221231_zzSzsZiYMdwh" style="border-bottom: Black 1pt solid; text-align: right" title="Contract liability, ending balance">16,226,836</td><td style="padding-bottom: 1.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-bottom: 2.5pt">Increase/(decrease)</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td><td id="xdx_98B_eus-gaap--IncreaseDecreaseInAccountsReceivable_pp0p0_c20220101__20221231_fKDEp_zJ0KNDIbIut" style="border-bottom: Black 2.5pt double; text-align: right" title="Increase (decrease) in accounts receivable">94,143</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td><td style="border-bottom: Black 2.5pt double; text-align: right">-</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td><td id="xdx_98D_eus-gaap--IncreaseDecreaseInContractWithCustomerLiability_pp0p0_c20220101__20221231_z5M05ZqGVOXa" style="border-bottom: Black 2.5pt double; text-align: right" title="Increase (decrease) in contract liability">1,718,814</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> <div style="width: 20%"><div style="border-top: Black 1.5pt solid; font-size: 1pt"> </div></div> <table border="0" cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"> <tr style="vertical-align: top"> <td style="width: 0.25in">(1)</td> <td>Included in Receivables, net on the condensed consolidated balance sheets</td></tr> </table> The amount of revenue recognized and included in the opening contract liability balance for the three month periods ended March 31, 2023 and 2022 was $1,119,898 and $1,064,104, respectively. The difference between the opening and closing balances of the Company’s contract assets and contract liabilities primarily results from the timing difference between the Company’s performance and the customer’s payment. Disaggregation of Revenue The following table disaggregates revenue for the Company’s cemetery and mortuary contracts. Schedule of Revenues of the Cemetery and Mortuary Contracts <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 80%"> <tr style="display: none; vertical-align: bottom"> <td> </td><td style="padding-bottom: 1.5pt"> </td> <td colspan="2" id="xdx_492_20230101__20230331_zcMfU2sgt5wa" style="border-bottom: Black 1pt solid; text-align: center">2023</td><td style="padding-bottom: 1.5pt"> </td><td style="padding-bottom: 1.5pt"> </td> <td colspan="2" id="xdx_492_20220101__20220331_zo4JXjUjhgb6" style="border-bottom: Black 1pt solid; text-align: center">2022</td><td style="padding-bottom: 1.5pt"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="padding-bottom: 1.5pt"> </td> <td colspan="6" style="border-bottom: Black 1pt solid; text-align: center">Three Months Ended March 31</td><td style="padding-bottom: 1.5pt"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">2023</td><td style="padding-bottom: 1.5pt"> </td><td style="padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">2022</td><td style="padding-bottom: 1.5pt"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-decoration: underline; font-weight: bold; text-align: left">Major goods/service lines</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr id="xdx_40A_ecustom--NetMortuaryAndCemeterySales_hus-gaap--IncomeStatementLocationAxis__custom--MajorGoodsOrServicesLinesAtNeedMember_zlcwodxr0FX8" style="vertical-align: bottom; background-color: White"> <td style="width: 64%">At-need</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 14%; text-align: right">5,154,036</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 14%; text-align: right">5,866,878</td><td style="width: 1%; text-align: left"> </td></tr> <tr id="xdx_400_ecustom--NetMortuaryAndCemeterySales_hus-gaap--IncomeStatementLocationAxis__custom--MajorGoodsOrServicesLinesPreNeedMember_zJQY19ltGwE3" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-bottom: 1.5pt">Pre-need</td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">1,317,393</td><td style="padding-bottom: 1.5pt; text-align: left"> </td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">1,338,843</td><td style="padding-bottom: 1.5pt; text-align: left"> </td></tr> <tr id="xdx_40C_ecustom--NetMortuaryAndCemeterySales_zOXPl6ATjBs8" style="vertical-align: bottom; background-color: White"> <td style="padding-bottom: 2.5pt">Net mortuary and cemetery sales</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">6,471,429</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">7,205,721</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-decoration: underline; font-weight: bold; text-align: left">Timing of Revenue Recognition</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr id="xdx_40C_ecustom--NetMortuaryAndCemeterySales_hus-gaap--IncomeStatementLocationAxis__custom--TimingOfRevenueRecognitionGoodsTransferredAtAPointInTimeMember_zAsFNWLYOnLi" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Goods transferred at a point in time</td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">4,029,666</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">4,180,545</td><td style="text-align: left"> </td></tr> <tr id="xdx_40B_ecustom--NetMortuaryAndCemeterySales_hus-gaap--IncomeStatementLocationAxis__custom--TimingOfRevenueRecognitionServicesTransferredAtAPointInTimeMember_zeydmLmkeDQj" style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 1.5pt">Services transferred at a point in time</td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">2,441,763</td><td style="padding-bottom: 1.5pt; text-align: left"> </td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">3,025,176</td><td style="padding-bottom: 1.5pt; text-align: left"> </td></tr> <tr id="xdx_40B_ecustom--NetMortuaryAndCemeterySales_z086f9cu4zud" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-bottom: 2.5pt">Net mortuary and cemetery sales</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">6,471,429</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">7,205,721</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> SECURITY NATIONAL FINANCIAL CORPORATION AND SUBSIDIARIES Notes to Condensed Consolidated Financial Statements March 31, 2023 (Unaudited) 13) Revenues from Contracts with Customers (Continued) <p id="xdx_896_ecustom--ReconciliationOfRevenuesFromCemeteryAndMortuaryContractsToBusinessSegmentInformationTextBlock_zHv3EtG5pbNb" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The following table reconciles revenues from cemetery and mortuary contracts to Note 7 – Business Segment Information for the Cemetery/Mortuary Segment for the periods presented: Schedule of Reconciliation of Revenues from Cemetery and Mortuary Contracts to Business Segment Information <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 80%"> <tr style="display: none; vertical-align: bottom"> <td> </td><td style="padding-bottom: 1.5pt"> </td> <td colspan="2" id="xdx_49E_20230101__20230331__us-gaap--StatementBusinessSegmentsAxis__custom--CemeteryAndMortuaryMember_znFIp1XxjG99" style="border-bottom: Black 1pt solid; text-align: center">2023</td><td style="padding-bottom: 1.5pt"> </td><td style="padding-bottom: 1.5pt"> </td> <td colspan="2" id="xdx_498_20220101__20220331__us-gaap--StatementBusinessSegmentsAxis__custom--CemeteryAndMortuaryMember_zQxmnlqpeoSi" style="border-bottom: Black 1pt solid; text-align: center">2022</td><td style="padding-bottom: 1.5pt"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="padding-bottom: 1.5pt"> </td> <td colspan="6" style="border-bottom: Black 1pt solid; text-align: center">Three Months Ended March 31</td><td style="padding-bottom: 1.5pt"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">2023</td><td style="padding-bottom: 1.5pt"> </td><td style="padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">2022</td><td style="padding-bottom: 1.5pt"> </td></tr> <tr id="xdx_400_ecustom--NetMortuaryAndCemeterySales_maRFECz2BV_zN0NUVoi9TPb" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 64%; text-align: left">Net mortuary and cemetery sales</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 14%; text-align: right">6,471,429</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 14%; text-align: right">7,205,721</td><td style="width: 1%; text-align: left"> </td></tr> <tr id="xdx_40F_eus-gaap--GainLossOnInvestments_maRFECz2BV_z9Wf1EJG3CZj" style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Gains (losses) on investments and other assets</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">53,931</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(254,525</td><td style="text-align: left">)</td></tr> <tr id="xdx_407_eus-gaap--NetInvestmentIncome_maRFECz2BV_zTE6ac9HMtw6" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Net investment income</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">601,491</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">496,459</td><td style="text-align: left"> </td></tr> <tr id="xdx_401_eus-gaap--OtherIncome_maRFECz2BV_zgdPIXKQ3zek" style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 1.5pt">Other revenues</td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">71,545</td><td style="padding-bottom: 1.5pt; text-align: left"> </td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">15,539</td><td style="padding-bottom: 1.5pt; text-align: left"> </td></tr> <tr id="xdx_408_ecustom--RevenueFromExternalCustomers_iT_mtRFECz2BV_zmoZTYTdwqa4" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 2.5pt">Revenues from external customers</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td><td style="border-bottom: Black 2.5pt double; text-align: right">7,198,396</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td><td style="border-bottom: Black 2.5pt double; text-align: right">7,463,194</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table>

0.10

<p id="xdx_895_ecustom--ScheduleOfOpeningAndClosingBalancesOfReceivablesContractAssetsAndContractLiabilitiesTextBlock_zUAXdlIdsG65" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The opening and closing balances of the Company’s receivables, contract assets and contract liabilities are as follows: Schedule of Opening and Closing Balances of Receivables, Contract Assets and Contract Liabilities <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 90%"> <tr style="vertical-align: bottom"> <td> </td><td style="padding-bottom: 1.5pt"> </td> <td colspan="10" style="border-bottom: Black 1pt solid; text-align: center">Contract Balances</td><td style="padding-bottom: 1.5pt"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="padding-bottom: 1.5pt"> </td> <td colspan="2" id="xdx_F5A_zqtk9jK7sTF7" style="border-bottom: Black 1pt solid; text-align: center">Receivables (1)</td><td style="padding-bottom: 1.5pt"> </td><td style="padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Contract Asset</td><td style="padding-bottom: 1.5pt"> </td><td style="padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Contract Liability</td><td style="padding-bottom: 1.5pt"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 40%">Opening (1/1/2023)</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_983_eus-gaap--ContractWithCustomerAssetGross_iS_pp0p0_c20230101__20230331_fKDEp_z6ZQLoa7MsJ1" style="width: 16%; text-align: right" title="Receivables, beginning balance">5,392,779</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 16%; text-align: right">-</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_98C_eus-gaap--DeferredRevenue_iS_pp0p0_c20230101__20230331_zxIKo2YLgeCe" style="width: 16%; text-align: right" title="Contract liability, beginning balance">16,226,836</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-bottom: 1.5pt">Closing (3/31/2023)</td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_982_eus-gaap--ContractWithCustomerAssetGross_iE_pp0p0_c20230101__20230331_fKDEp_zw2CJIyxqBii" style="border-bottom: Black 1pt solid; text-align: right" title="Receivables, ending balance">5,145,833</td><td style="padding-bottom: 1.5pt; text-align: left"> </td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">-</td><td style="padding-bottom: 1.5pt; text-align: left"> </td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98C_eus-gaap--DeferredRevenue_iE_pp0p0_c20230101__20230331_zYmfuwGuGG25" style="border-bottom: Black 1pt solid; text-align: right" title="Contract liability, ending balance">16,583,024</td><td style="padding-bottom: 1.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-bottom: 2.5pt">Increase/(decrease)</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td><td id="xdx_985_eus-gaap--IncreaseDecreaseInAccountsReceivable_pp0p0_c20230101__20230331_fKDEp_zwzSuXe0BMsi" style="border-bottom: Black 2.5pt double; text-align: right" title="Increase (decrease) in accounts receivable">(246,946</td><td style="padding-bottom: 2.5pt; text-align: left">)</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td><td style="border-bottom: Black 2.5pt double; text-align: right">-</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td><td id="xdx_987_eus-gaap--IncreaseDecreaseInContractWithCustomerLiability_pp0p0_c20230101__20230331_zmaIEz9R8IOj" style="border-bottom: Black 2.5pt double; text-align: right" title="Increase (decrease) in contract liability">356,188</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 90%"> <tr style="vertical-align: bottom"> <td> </td><td style="padding-bottom: 1.5pt"> </td> <td colspan="10" style="border-bottom: Black 1pt solid; text-align: center">Contract Balances</td><td style="padding-bottom: 1.5pt"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="padding-bottom: 1.5pt"> </td> <td colspan="2" id="xdx_F53_zXM4XG4ANgx9" style="border-bottom: Black 1pt solid; text-align: center">Receivables (1)</td><td style="padding-bottom: 1.5pt"> </td><td style="padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Contract Asset</td><td style="padding-bottom: 1.5pt"> </td><td style="padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Contract Liability</td><td style="padding-bottom: 1.5pt"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 40%">Opening (1/1/2022)</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_982_eus-gaap--ContractWithCustomerAssetGross_iS_pp0p0_c20220101__20221231_fKDEp_zy8lWG4EbnLh" style="width: 16%; text-align: right" title="Receivables, beginning balance">5,298,636</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 16%; text-align: right">-</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_98E_eus-gaap--DeferredRevenue_iS_pp0p0_c20220101__20221231_zvclbKdRwI89" style="width: 16%; text-align: right" title="Contract liability, beginning balance">14,508,022</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-bottom: 1.5pt">Closing (12/31/2022)</td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_988_eus-gaap--ContractWithCustomerAssetGross_iE_pp0p0_c20220101__20221231_fKDEp_zKgfWtr2bhJc" style="border-bottom: Black 1pt solid; text-align: right" title="Receivables, ending balance">5,392,779</td><td style="padding-bottom: 1.5pt; text-align: left"> </td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">-</td><td style="padding-bottom: 1.5pt; text-align: left"> </td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_981_eus-gaap--DeferredRevenue_iE_pp0p0_c20220101__20221231_zzSzsZiYMdwh" style="border-bottom: Black 1pt solid; text-align: right" title="Contract liability, ending balance">16,226,836</td><td style="padding-bottom: 1.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-bottom: 2.5pt">Increase/(decrease)</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td><td id="xdx_98B_eus-gaap--IncreaseDecreaseInAccountsReceivable_pp0p0_c20220101__20221231_fKDEp_zJ0KNDIbIut" style="border-bottom: Black 2.5pt double; text-align: right" title="Increase (decrease) in accounts receivable">94,143</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td><td style="border-bottom: Black 2.5pt double; text-align: right">-</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td><td id="xdx_98D_eus-gaap--IncreaseDecreaseInContractWithCustomerLiability_pp0p0_c20220101__20221231_z5M05ZqGVOXa" style="border-bottom: Black 2.5pt double; text-align: right" title="Increase (decrease) in contract liability">1,718,814</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> <div style="width: 20%"><div style="border-top: Black 1.5pt solid; font-size: 1pt"> </div></div> <table border="0" cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"> <tr style="vertical-align: top"> <td style="width: 0.25in">(1)</td> <td>Included in Receivables, net on the condensed consolidated balance sheets</td></tr> </table>

5392779

16226836

5145833

16583024

-246946

356188

5298636

14508022

5392779

16226836

94143

1718814

1119898

1064104

The following table disaggregates revenue for the Company’s cemetery and mortuary contracts. Schedule of Revenues of the Cemetery and Mortuary Contracts <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 80%"> <tr style="display: none; vertical-align: bottom"> <td> </td><td style="padding-bottom: 1.5pt"> </td> <td colspan="2" id="xdx_492_20230101__20230331_zcMfU2sgt5wa" style="border-bottom: Black 1pt solid; text-align: center">2023</td><td style="padding-bottom: 1.5pt"> </td><td style="padding-bottom: 1.5pt"> </td> <td colspan="2" id="xdx_492_20220101__20220331_zo4JXjUjhgb6" style="border-bottom: Black 1pt solid; text-align: center">2022</td><td style="padding-bottom: 1.5pt"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="padding-bottom: 1.5pt"> </td> <td colspan="6" style="border-bottom: Black 1pt solid; text-align: center">Three Months Ended March 31</td><td style="padding-bottom: 1.5pt"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">2023</td><td style="padding-bottom: 1.5pt"> </td><td style="padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">2022</td><td style="padding-bottom: 1.5pt"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-decoration: underline; font-weight: bold; text-align: left">Major goods/service lines</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr id="xdx_40A_ecustom--NetMortuaryAndCemeterySales_hus-gaap--IncomeStatementLocationAxis__custom--MajorGoodsOrServicesLinesAtNeedMember_zlcwodxr0FX8" style="vertical-align: bottom; background-color: White"> <td style="width: 64%">At-need</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 14%; text-align: right">5,154,036</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 14%; text-align: right">5,866,878</td><td style="width: 1%; text-align: left"> </td></tr> <tr id="xdx_400_ecustom--NetMortuaryAndCemeterySales_hus-gaap--IncomeStatementLocationAxis__custom--MajorGoodsOrServicesLinesPreNeedMember_zJQY19ltGwE3" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-bottom: 1.5pt">Pre-need</td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">1,317,393</td><td style="padding-bottom: 1.5pt; text-align: left"> </td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">1,338,843</td><td style="padding-bottom: 1.5pt; text-align: left"> </td></tr> <tr id="xdx_40C_ecustom--NetMortuaryAndCemeterySales_zOXPl6ATjBs8" style="vertical-align: bottom; background-color: White"> <td style="padding-bottom: 2.5pt">Net mortuary and cemetery sales</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">6,471,429</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">7,205,721</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-decoration: underline; font-weight: bold; text-align: left">Timing of Revenue Recognition</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr id="xdx_40C_ecustom--NetMortuaryAndCemeterySales_hus-gaap--IncomeStatementLocationAxis__custom--TimingOfRevenueRecognitionGoodsTransferredAtAPointInTimeMember_zAsFNWLYOnLi" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Goods transferred at a point in time</td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">4,029,666</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">4,180,545</td><td style="text-align: left"> </td></tr> <tr id="xdx_40B_ecustom--NetMortuaryAndCemeterySales_hus-gaap--IncomeStatementLocationAxis__custom--TimingOfRevenueRecognitionServicesTransferredAtAPointInTimeMember_zeydmLmkeDQj" style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 1.5pt">Services transferred at a point in time</td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">2,441,763</td><td style="padding-bottom: 1.5pt; text-align: left"> </td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">3,025,176</td><td style="padding-bottom: 1.5pt; text-align: left"> </td></tr> <tr id="xdx_40B_ecustom--NetMortuaryAndCemeterySales_z086f9cu4zud" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-bottom: 2.5pt">Net mortuary and cemetery sales</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">6,471,429</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">7,205,721</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table>

5154036 5866878 1317393 1338843 6471429 7205721 4029666 4180545 2441763 3025176 6471429 7205721 <p id="xdx_896_ecustom--ReconciliationOfRevenuesFromCemeteryAndMortuaryContractsToBusinessSegmentInformationTextBlock_zHv3EtG5pbNb" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The following table reconciles revenues from cemetery and mortuary contracts to Note 7 – Business Segment Information for the Cemetery/Mortuary Segment for the periods presented: Schedule of Reconciliation of Revenues from Cemetery and Mortuary Contracts to Business Segment Information <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 80%"> <tr style="display: none; vertical-align: bottom"> <td> </td><td style="padding-bottom: 1.5pt"> </td> <td colspan="2" id="xdx_49E_20230101__20230331__us-gaap--StatementBusinessSegmentsAxis__custom--CemeteryAndMortuaryMember_znFIp1XxjG99" style="border-bottom: Black 1pt solid; text-align: center">2023</td><td style="padding-bottom: 1.5pt"> </td><td style="padding-bottom: 1.5pt"> </td> <td colspan="2" id="xdx_498_20220101__20220331__us-gaap--StatementBusinessSegmentsAxis__custom--CemeteryAndMortuaryMember_zQxmnlqpeoSi" style="border-bottom: Black 1pt solid; text-align: center">2022</td><td style="padding-bottom: 1.5pt"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="padding-bottom: 1.5pt"> </td> <td colspan="6" style="border-bottom: Black 1pt solid; text-align: center">Three Months Ended March 31</td><td style="padding-bottom: 1.5pt"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">2023</td><td style="padding-bottom: 1.5pt"> </td><td style="padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">2022</td><td style="padding-bottom: 1.5pt"> </td></tr> <tr id="xdx_400_ecustom--NetMortuaryAndCemeterySales_maRFECz2BV_zN0NUVoi9TPb" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 64%; text-align: left">Net mortuary and cemetery sales</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 14%; text-align: right">6,471,429</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 14%; text-align: right">7,205,721</td><td style="width: 1%; text-align: left"> </td></tr> <tr id="xdx_40F_eus-gaap--GainLossOnInvestments_maRFECz2BV_z9Wf1EJG3CZj" style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Gains (losses) on investments and other assets</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">53,931</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(254,525</td><td style="text-align: left">)</td></tr> <tr id="xdx_407_eus-gaap--NetInvestmentIncome_maRFECz2BV_zTE6ac9HMtw6" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Net investment income</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">601,491</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">496,459</td><td style="text-align: left"> </td></tr> <tr id="xdx_401_eus-gaap--OtherIncome_maRFECz2BV_zgdPIXKQ3zek" style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 1.5pt">Other revenues</td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">71,545</td><td style="padding-bottom: 1.5pt; text-align: left"> </td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">15,539</td><td style="padding-bottom: 1.5pt; text-align: left"> </td></tr> <tr id="xdx_408_ecustom--RevenueFromExternalCustomers_iT_mtRFECz2BV_zmoZTYTdwqa4" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 2.5pt">Revenues from external customers</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td><td style="border-bottom: Black 2.5pt double; text-align: right">7,198,396</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td><td style="border-bottom: Black 2.5pt double; text-align: right">7,463,194</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> 6471429 7205721

53931

-254525

601491

496459

71545

15539

7198396 7463194

14) Receivables Receivables consist of the following: Schedule of Receivables <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 80%"> <tr style="vertical-align: bottom"> <td> </td><td style="padding-bottom: 1.5pt"> </td> <td colspan="2" id="xdx_496_20230331_zGSvZ0wv5Dcf" style="border-bottom: Black 1pt solid; text-align: center">As of March 31, 2023</td><td style="padding-bottom: 1.5pt"> </td><td style="padding-bottom: 1.5pt"> </td> <td colspan="2" id="xdx_49D_20221231_z1sjfOkxE63j" style="border-bottom: Black 1pt solid; text-align: center">As of December 31, 2022</td><td style="padding-bottom: 1.5pt"> </td></tr> <tr id="xdx_404_eus-gaap--ContractWithCustomerAssetGross_iI_maARGz5e0_zthoyCqbxl68" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 56%; text-align: left">Contracts with customers</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 18%; text-align: right">5,145,833</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 18%; text-align: right">5,392,779</td><td style="width: 1%; text-align: left"> </td></tr> <tr id="xdx_40D_ecustom--ReceivablesFromSalesAgents_iI_maARGz5e0_zA8jJIo9m89h" style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Receivables from sales agents</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">2,254,183</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">2,209,185</td><td style="text-align: left"> </td></tr> <tr id="xdx_403_eus-gaap--OtherReceivables_iI_maARGz5e0_zpGVOLQvwNzf" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-bottom: 1.5pt">Other</td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">10,844,499</td><td style="padding-bottom: 1.5pt; text-align: left"> </td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">23,200,919</td><td style="padding-bottom: 1.5pt; text-align: left"> </td></tr> <tr id="xdx_405_eus-gaap--AccountsReceivableGross_iTI_mtARGz5e0_maARNzImk_zdgQ0RcTcRMi" style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Total receivables</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">18,244,515</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">30,802,883</td><td style="text-align: left"> </td></tr> <tr id="xdx_404_eus-gaap--AllowanceForDoubtfulAccountsReceivable_iNI_di_msARNzImk_zzNdclJpM1dh" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 1.5pt">Allowance for doubtful accounts</td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">(1,867,124</td><td style="padding-bottom: 1.5pt; text-align: left">)</td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">(2,229,791</td><td style="padding-bottom: 1.5pt; text-align: left">)</td></tr> <tr id="xdx_402_eus-gaap--AccountsReceivableNet_iTI_mtARNzImk_z1jGmKSXp4R" style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 2.5pt">Net receivables</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">16,377,391</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">28,573,092</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> The Company records an allowance for credit losses for its receivables in accordance with GAAP. See Note 2 regarding the adoption of ASU 2016-13. The following table presents a roll forward of the allowance for credit losses. Schedule of Allowance Credit Losses <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: bottom"> <td> </td><td style="padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Allowance</td><td style="padding-bottom: 1.5pt"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 76%">Beginning balance - January 1, 2023</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_98B_eus-gaap--AllowanceForDoubtfulAccountsReceivable_iS_c20230101__20230331_zpxpDI0GSfsc" style="width: 18%; text-align: right" title="Beginning balance">2,229,791</td><td style="width: 3%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-left: 10pt; text-align: left">Change in provision for credit losses</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98F_eus-gaap--AllowanceForDoubtfulAccountsReceivablePeriodIncreaseDecrease_c20230101__20230331_fKDEp_zi86SYJAnr12" style="text-align: right" title="Change in provision for credit losses">(318,664</td><td style="text-align: left">)(1)</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 10pt; padding-bottom: 1.5pt">Charge-offs</td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_981_ecustom--AllowanceForDoubtfulAccountsReceivableChargeOffs_iN_di_c20230101__20230331_zOuc1aYb6Ym3" style="border-bottom: Black 1pt solid; text-align: right" title="Charge-offs">(44,003</td><td style="padding-bottom: 1.5pt; text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-bottom: 2.5pt">Ending balance - March 31, 2023</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98F_eus-gaap--AllowanceForDoubtfulAccountsReceivable_iE_c20230101__20230331_zlP33boE19Jk" style="border-bottom: Black 2.5pt double; text-align: right" title="Ending balance">1,867,124</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td>Beginning balance - January 1, 2022</td><td> </td> <td style="text-align: left">$</td><td id="xdx_98C_eus-gaap--AllowanceForDoubtfulAccountsReceivable_iS_c20220101__20221231_zbrawtj0u6f6" style="text-align: right" title="Beginning balance">1,800,725</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 10pt; text-align: left">Change in provision for credit losses</td><td> </td> <td style="text-align: left"> </td><td id="xdx_984_eus-gaap--AllowanceForDoubtfulAccountsReceivablePeriodIncreaseDecrease_c20220101__20221231_fKDEp_z3cQkDM8M6Je" style="text-align: right" title="Change in provision for credit losses">799,888</td><td style="text-align: left">(1)</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-left: 10pt; padding-bottom: 1.5pt">Charge-offs</td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_983_ecustom--AllowanceForDoubtfulAccountsReceivableChargeOffs_iN_di_c20220101__20221231_z4spQ1VdYIka" style="border-bottom: Black 1pt solid; text-align: right" title="Charge-offs">(370,822</td><td style="padding-bottom: 1.5pt; text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-bottom: 2.5pt">Ending balance - December 31, 2022</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_983_eus-gaap--AllowanceForDoubtfulAccountsReceivable_iE_c20220101__20221231_zbBkqPlw8T23" style="border-bottom: Black 2.5pt double; text-align: right" title="Ending balance">2,229,791</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> <div style="width: 20%"><div style="border-top: Black 1.5pt solid; font-size: 1pt"> </div></div> <table border="0" cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"> <tr style="vertical-align: top"> <td style="width: 0.25in">(1)</td> <td>Included in other expenses on the condensed consolidated statements of earnings</td></tr> </table> SECURITY NATIONAL FINANCIAL CORPORATION AND SUBSIDIARIES Notes to Condensed Consolidated Financial Statements March 31, 2023 (Unaudited)

Receivables consist of the following: Schedule of Receivables <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 80%"> <tr style="vertical-align: bottom"> <td> </td><td style="padding-bottom: 1.5pt"> </td> <td colspan="2" id="xdx_496_20230331_zGSvZ0wv5Dcf" style="border-bottom: Black 1pt solid; text-align: center">As of March 31, 2023</td><td style="padding-bottom: 1.5pt"> </td><td style="padding-bottom: 1.5pt"> </td> <td colspan="2" id="xdx_49D_20221231_z1sjfOkxE63j" style="border-bottom: Black 1pt solid; text-align: center">As of December 31, 2022</td><td style="padding-bottom: 1.5pt"> </td></tr> <tr id="xdx_404_eus-gaap--ContractWithCustomerAssetGross_iI_maARGz5e0_zthoyCqbxl68" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 56%; text-align: left">Contracts with customers</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 18%; text-align: right">5,145,833</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 18%; text-align: right">5,392,779</td><td style="width: 1%; text-align: left"> </td></tr> <tr id="xdx_40D_ecustom--ReceivablesFromSalesAgents_iI_maARGz5e0_zA8jJIo9m89h" style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Receivables from sales agents</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">2,254,183</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">2,209,185</td><td style="text-align: left"> </td></tr> <tr id="xdx_403_eus-gaap--OtherReceivables_iI_maARGz5e0_zpGVOLQvwNzf" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-bottom: 1.5pt">Other</td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">10,844,499</td><td style="padding-bottom: 1.5pt; text-align: left"> </td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">23,200,919</td><td style="padding-bottom: 1.5pt; text-align: left"> </td></tr> <tr id="xdx_405_eus-gaap--AccountsReceivableGross_iTI_mtARGz5e0_maARNzImk_zdgQ0RcTcRMi" style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Total receivables</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">18,244,515</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">30,802,883</td><td style="text-align: left"> </td></tr> <tr id="xdx_404_eus-gaap--AllowanceForDoubtfulAccountsReceivable_iNI_di_msARNzImk_zzNdclJpM1dh" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 1.5pt">Allowance for doubtful accounts</td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">(1,867,124</td><td style="padding-bottom: 1.5pt; text-align: left">)</td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">(2,229,791</td><td style="padding-bottom: 1.5pt; text-align: left">)</td></tr> <tr id="xdx_402_eus-gaap--AccountsReceivableNet_iTI_mtARNzImk_z1jGmKSXp4R" style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 2.5pt">Net receivables</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">16,377,391</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">28,573,092</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table>

5145833

5392779

2254183 2209185

10844499

23200919

18244515

30802883

1867124

2229791

16377391

28573092

The following table presents a roll forward of the allowance for credit losses. Schedule of Allowance Credit Losses <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: bottom"> <td> </td><td style="padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Allowance</td><td style="padding-bottom: 1.5pt"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 76%">Beginning balance - January 1, 2023</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_98B_eus-gaap--AllowanceForDoubtfulAccountsReceivable_iS_c20230101__20230331_zpxpDI0GSfsc" style="width: 18%; text-align: right" title="Beginning balance">2,229,791</td><td style="width: 3%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-left: 10pt; text-align: left">Change in provision for credit losses</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98F_eus-gaap--AllowanceForDoubtfulAccountsReceivablePeriodIncreaseDecrease_c20230101__20230331_fKDEp_zi86SYJAnr12" style="text-align: right" title="Change in provision for credit losses">(318,664</td><td style="text-align: left">)(1)</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 10pt; padding-bottom: 1.5pt">Charge-offs</td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_981_ecustom--AllowanceForDoubtfulAccountsReceivableChargeOffs_iN_di_c20230101__20230331_zOuc1aYb6Ym3" style="border-bottom: Black 1pt solid; text-align: right" title="Charge-offs">(44,003</td><td style="padding-bottom: 1.5pt; text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-bottom: 2.5pt">Ending balance - March 31, 2023</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98F_eus-gaap--AllowanceForDoubtfulAccountsReceivable_iE_c20230101__20230331_zlP33boE19Jk" style="border-bottom: Black 2.5pt double; text-align: right" title="Ending balance">1,867,124</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td>Beginning balance - January 1, 2022</td><td> </td> <td style="text-align: left">$</td><td id="xdx_98C_eus-gaap--AllowanceForDoubtfulAccountsReceivable_iS_c20220101__20221231_zbrawtj0u6f6" style="text-align: right" title="Beginning balance">1,800,725</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 10pt; text-align: left">Change in provision for credit losses</td><td> </td> <td style="text-align: left"> </td><td id="xdx_984_eus-gaap--AllowanceForDoubtfulAccountsReceivablePeriodIncreaseDecrease_c20220101__20221231_fKDEp_z3cQkDM8M6Je" style="text-align: right" title="Change in provision for credit losses">799,888</td><td style="text-align: left">(1)</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-left: 10pt; padding-bottom: 1.5pt">Charge-offs</td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_983_ecustom--AllowanceForDoubtfulAccountsReceivableChargeOffs_iN_di_c20220101__20221231_z4spQ1VdYIka" style="border-bottom: Black 1pt solid; text-align: right" title="Charge-offs">(370,822</td><td style="padding-bottom: 1.5pt; text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-bottom: 2.5pt">Ending balance - December 31, 2022</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_983_eus-gaap--AllowanceForDoubtfulAccountsReceivable_iE_c20220101__20221231_zbBkqPlw8T23" style="border-bottom: Black 2.5pt double; text-align: right" title="Ending balance">2,229,791</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> <div style="width: 20%"><div style="border-top: Black 1.5pt solid; font-size: 1pt"> </div></div> <table border="0" cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"> <tr style="vertical-align: top"> <td style="width: 0.25in">(1)</td> <td>Included in other expenses on the condensed consolidated statements of earnings</td></tr> </table>

2229791

-318664

44003

1867124

1800725

799888

370822

2229791

15) Cemetery Perpetual Care Trust Investments and Obligation and Restricted Assets (Continued) Cemetery Perpetual Care Trust Investments and Obligation State law requires the Company to pay into endowment care trusts a portion of the proceeds from the sale of certain cemetery property interment rights for cemeteries that have established an endowment care trust. These endowment care trusts are defined as variable interest entities pursuant to GAAP. Also, management has determined that the Company is the primary beneficiary of these trusts, as it absorbs both a majority of the losses and returns associated with the trusts. The Company has consolidated cemetery endowment care trust investments with a corresponding amount recorded as Cemetery Perpetual Care Obligation in the accompanying consolidated balance sheets. <p id="xdx_890_eus-gaap--ScheduleOfAvailableForSaleSecuritiesReconciliationTableTextBlock_hus-gaap--FinancialInstrumentAxis__custom--CemeteryPerpectualCareOblicationMember_zb6lmgUQ6ith" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The components of the cemetery perpetual care investments and obligation as of March 31, 2023, are as follows: Schedule of Investments <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: bottom"> <td> </td><td style="padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Amortized Cost</td><td style="padding-bottom: 1.5pt"> </td><td style="padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Gross Unrealized Gains</td><td style="padding-bottom: 1.5pt"> </td><td style="padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Gross Unrealized Losses</td><td style="padding-bottom: 1.5pt"> </td><td style="padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Allowance for Credit Losses</td><td style="padding-bottom: 1.5pt"> </td><td style="padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Estimated Fair Value</td><td style="padding-bottom: 1.5pt"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-decoration: underline; text-align: justify">March 31, 2023:</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Fixed maturity securities, available for sale, at estimated fair value:</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 10pt; width: 35%; text-align: left">U.S. Treasury securities and obligations of U.S. Government agencies</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_983_eus-gaap--AvailableForSaleDebtSecuritiesAmortizedCostBasis_iI_c20230331__us-gaap--FinancialInstrumentAxis__custom--CemeteryPerpectualCareOblicationMember__us-gaap--FairValueByAssetClassAxis__us-gaap--USTreasurySecuritiesMember_zyZ8LtGYQ7kf" style="width: 9%; text-align: right" title="Available for sale securities, amortized cost">89,004</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_98F_eus-gaap--AvailableForSaleDebtSecuritiesGrossUnrealizedGain_c20230101__20230331__us-gaap--FinancialInstrumentAxis__custom--CemeteryPerpectualCareOblicationMember__us-gaap--FairValueByAssetClassAxis__us-gaap--USTreasurySecuritiesMember_z57NpnELa8C" style="width: 9%; text-align: right" title="Available for sale securities, unrecognized holding gain">381</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_987_eus-gaap--AvailableForSaleDebtSecuritiesGrossUnrealizedLoss_iN_di_c20230101__20230331__us-gaap--FinancialInstrumentAxis__custom--CemeteryPerpectualCareOblicationMember__us-gaap--FairValueByAssetClassAxis__us-gaap--USTreasurySecuritiesMember_zuxlWFofJjq5" style="width: 9%; text-align: right" title="Available for sale securities, unrecognized holding loss">-</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_988_ecustom--AllowanceForCreditLosses_iN_di_c20230101__20230331__us-gaap--FinancialInstrumentAxis__custom--CemeteryPerpectualCareOblicationMember__us-gaap--FairValueByAssetClassAxis__us-gaap--USTreasurySecuritiesMember_zsYztpeoRSc6" style="width: 9%; text-align: right" title="Allowance for Credit Losses">-</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_986_eus-gaap--AvailableForSaleSecuritiesDebtSecuritiesCurrent_iI_c20230331__us-gaap--FinancialInstrumentAxis__custom--CemeteryPerpectualCareOblicationMember__us-gaap--FairValueByAssetClassAxis__us-gaap--USTreasurySecuritiesMember_zs6KaiGlqdV5" style="width: 9%; text-align: right" title="Available for sale securities, estimated fair value">89,384</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-left: 10pt; text-align: left; padding-bottom: 1.5pt">Obligations of states and political subdivisions</td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_987_eus-gaap--AvailableForSaleDebtSecuritiesAmortizedCostBasis_iI_c20230331__us-gaap--FinancialInstrumentAxis__custom--CemeteryPerpectualCareOblicationMember__us-gaap--FairValueByAssetClassAxis__us-gaap--USStatesAndPoliticalSubdivisionsMember_zHLvpO6HxIrj" style="border-bottom: Black 1pt solid; text-align: right" title="Available for sale securities, amortized cost">172,966</td><td style="padding-bottom: 1.5pt; text-align: left"> </td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98D_eus-gaap--AvailableForSaleDebtSecuritiesGrossUnrealizedGain_c20230101__20230331__us-gaap--FinancialInstrumentAxis__custom--CemeteryPerpectualCareOblicationMember__us-gaap--FairValueByAssetClassAxis__us-gaap--USStatesAndPoliticalSubdivisionsMember_zyWANSkq8AW" style="border-bottom: Black 1pt solid; text-align: right" title="Available for sale securities, unrecognized holding gain">-</td><td style="padding-bottom: 1.5pt; text-align: left"> </td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_985_eus-gaap--AvailableForSaleDebtSecuritiesGrossUnrealizedLoss_iN_di_c20230101__20230331__us-gaap--FinancialInstrumentAxis__custom--CemeteryPerpectualCareOblicationMember__us-gaap--FairValueByAssetClassAxis__us-gaap--USStatesAndPoliticalSubdivisionsMember_zEeAwpEHSyG9" style="border-bottom: Black 1pt solid; text-align: right" title="Available for sale securities, unrecognized holding loss">(5,928</td><td style="padding-bottom: 1.5pt; text-align: left">)</td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98E_ecustom--AllowanceForCreditLosses_iN_di_c20230101__20230331__us-gaap--FinancialInstrumentAxis__custom--CemeteryPerpectualCareOblicationMember__us-gaap--FairValueByAssetClassAxis__us-gaap--USStatesAndPoliticalSubdivisionsMember_z7ps5mxLBmZg" style="border-bottom: Black 1pt solid; text-align: right" title="Allowance for Credit Losses">-</td><td style="padding-bottom: 1.5pt; text-align: left"> </td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98F_eus-gaap--AvailableForSaleSecuritiesDebtSecuritiesCurrent_iI_c20230331__us-gaap--FinancialInstrumentAxis__custom--CemeteryPerpectualCareOblicationMember__us-gaap--FairValueByAssetClassAxis__us-gaap--USStatesAndPoliticalSubdivisionsMember_zX1T4et8LQrg" style="border-bottom: Black 1pt solid; text-align: right" title="Available for sale securities, estimated fair value">167,038</td><td style="padding-bottom: 1.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 20pt; text-align: left; padding-bottom: 2.5pt">Total fixed maturity securities available for sale</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_983_eus-gaap--AvailableForSaleDebtSecuritiesAmortizedCostBasis_iI_c20230331__us-gaap--FinancialInstrumentAxis__custom--CemeteryPerpectualCareOblicationMember_zujfQlBsNEg9" style="border-bottom: Black 2.5pt double; text-align: right" title="Available for sale securities, amortized cost">261,969</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_989_eus-gaap--AvailableForSaleDebtSecuritiesGrossUnrealizedGain_c20230101__20230331__us-gaap--FinancialInstrumentAxis__custom--CemeteryPerpectualCareOblicationMember_zOzkiY2o4WJb" style="border-bottom: Black 2.5pt double; text-align: right" title="Available for sale securities, unrecognized holding gain">381</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_984_eus-gaap--AvailableForSaleDebtSecuritiesGrossUnrealizedLoss_iN_di_c20230101__20230331__us-gaap--FinancialInstrumentAxis__custom--CemeteryPerpectualCareOblicationMember_zXUoX7KwBAdk" style="border-bottom: Black 2.5pt double; text-align: right" title="Available for sale securities, unrecognized holding loss">(5,928</td><td style="padding-bottom: 2.5pt; text-align: left">)</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98D_ecustom--AllowanceForCreditLosses_iN_di_c20230101__20230331__us-gaap--FinancialInstrumentAxis__custom--CemeteryPerpectualCareOblicationMember_zLOfI5C1oNE6" style="border-bottom: Black 2.5pt double; text-align: right" title="Allowance for Credit Losses">-</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_982_eus-gaap--AvailableForSaleSecuritiesDebtSecuritiesCurrent_iI_c20230331__us-gaap--FinancialInstrumentAxis__custom--CemeteryPerpectualCareOblicationMember_zh1DKnF6Kkul" style="border-bottom: Black 2.5pt double; text-align: right" title="Available for sale securities, estimated fair value">256,422</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Equity securities at estimated fair value:</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Common stock:</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 1.5pt">Industrial, miscellaneous and all other</td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left">$</td><td id="xdx_982_eus-gaap--EquitySecuritiesFvNiCost_iI_c20230331__us-gaap--FinancialInstrumentAxis__custom--CemeteryPerpectualCareOblicationMember__us-gaap--FairValueByAssetClassAxis__custom--IndustrialMiscellaneousAndAllOtherMember_zrn7Yx7GPvYa" style="border-bottom: Black 1pt solid; text-align: right" title="Available-for-sale securities, amortized cost basis">3,251,768</td><td style="padding-bottom: 1.5pt; text-align: left"> </td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left">$</td><td id="xdx_98B_eus-gaap--EquitySecuritiesFvNiUnrealizedGain_c20230101__20230331__us-gaap--FinancialInstrumentAxis__custom--CemeteryPerpectualCareOblicationMember__us-gaap--FairValueByAssetClassAxis__custom--IndustrialMiscellaneousAndAllOtherMember_zBJbyW9szBXj" style="border-bottom: Black 1pt solid; text-align: right" title="Available for sale securities, unrecognized holding gain">602,286</td><td style="padding-bottom: 1.5pt; text-align: left"> </td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left">$</td><td id="xdx_988_eus-gaap--EquitySecuritiesFvNiUnrealizedLoss_iN_di_c20230101__20230331__us-gaap--FinancialInstrumentAxis__custom--CemeteryPerpectualCareOblicationMember__us-gaap--FairValueByAssetClassAxis__custom--IndustrialMiscellaneousAndAllOtherMember_zFDWmC4PEv3a" style="border-bottom: Black 1pt solid; text-align: right" title="Available for sale securities, unrecognized holding loss">(162,096</td><td style="padding-bottom: 1.5pt; text-align: left">)</td><td style="padding-bottom: 1.5pt"> </td> <td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt; text-align: right"> </td><td style="padding-bottom: 1.5pt; text-align: left"> </td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left">$</td><td id="xdx_98E_eus-gaap--EquitySecuritiesFvNi_iI_c20230331__us-gaap--FinancialInstrumentAxis__custom--CemeteryPerpectualCareOblicationMember__us-gaap--FairValueByAssetClassAxis__custom--IndustrialMiscellaneousAndAllOtherMember_zvJsLw7L6OO4" style="border-bottom: Black 1pt solid; text-align: right" title="Available-for-sale securities, gross unrealized gain">3,691,958</td><td style="padding-bottom: 1.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-left: 10pt; text-align: left; padding-bottom: 2.5pt">Total equity securities at estimated fair value</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98D_eus-gaap--EquitySecuritiesFvNiCost_iI_c20230331__us-gaap--FinancialInstrumentAxis__custom--CemeteryPerpectualCareOblicationMember__us-gaap--FairValueByAssetClassAxis__custom--EquitySecuritiesOneMember_zCcsSFMHvrma" style="border-bottom: Black 2.5pt double; text-align: right" title="Available-for-sale securities, amortized cost basis">3,251,768</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_980_eus-gaap--EquitySecuritiesFvNiUnrealizedGain_c20230101__20230331__us-gaap--FinancialInstrumentAxis__custom--CemeteryPerpectualCareOblicationMember__us-gaap--FairValueByAssetClassAxis__custom--EquitySecuritiesOneMember_zaHOAozT2Wu3" style="border-bottom: Black 2.5pt double; text-align: right" title="Available for sale securities, unrecognized holding gain">602,286</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98F_eus-gaap--EquitySecuritiesFvNiUnrealizedLoss_iN_di_c20230101__20230331__us-gaap--FinancialInstrumentAxis__custom--CemeteryPerpectualCareOblicationMember__us-gaap--FairValueByAssetClassAxis__custom--EquitySecuritiesOneMember_zqqa7ND1PJuk" style="border-bottom: Black 2.5pt double; text-align: right" title="Available for sale securities, unrecognized holding loss">(162,096</td><td style="padding-bottom: 2.5pt; text-align: left">)</td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt; text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98C_eus-gaap--EquitySecuritiesFvNi_iI_c20230331__us-gaap--FinancialInstrumentAxis__custom--CemeteryPerpectualCareOblicationMember__us-gaap--FairValueByAssetClassAxis__custom--EquitySecuritiesOneMember_zh74w3kLczol" style="border-bottom: Black 2.5pt double; text-align: right" title="Available-for-sale securities, gross unrealized gain">3,691,958</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: justify">Mortgage loans held for investment at amortized cost:</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: justify">Residential construction</td><td> </td> <td style="text-align: left">$</td><td id="xdx_98E_eus-gaap--NotesReceivableGross_iI_c20230331__us-gaap--FinancialInstrumentAxis__custom--CemeteryPerpectualCareOblicationMember__us-gaap--FairValueByAssetClassAxis__custom--ResidentialConstructionMember_zvyGL4kwTmyi" style="text-align: right" title="Mortgage loans on real estate and construction">2,709,339</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: justify; padding-bottom: 1.5pt">Less: Allowance for credit losses</td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; padding-bottom: 1.5pt; text-align: left">$</td><td id="xdx_981_ecustom--AggregateEstimatedFairValueAllowanceForCreditLosse_iI_c20230331__us-gaap--FinancialInstrumentAxis__custom--CemeteryPerpectualCareOblicationMember__us-gaap--FairValueByAssetClassAxis__custom--ResidentialConstructionMember_zRLJHZpM8fi2" style="border-bottom: Black 1pt solid; padding-bottom: 1.5pt; text-align: right" title="Mortgage loans on real estate and construction">(2,196</td><td style="padding-bottom: 1.5pt; text-align: left">)</td><td style="padding-bottom: 1.5pt"> </td> <td style="padding-bottom: 1.5pt; text-align: left"> </td><td style="padding-bottom: 1.5pt; text-align: right"> </td><td style="padding-bottom: 1.5pt; text-align: left"> </td><td style="padding-bottom: 1.5pt"> </td> <td style="padding-bottom: 1.5pt; text-align: left"> </td><td style="padding-bottom: 1.5pt; text-align: right"> </td><td style="padding-bottom: 1.5pt; text-align: left"> </td><td style="padding-bottom: 1.5pt"> </td> <td style="padding-bottom: 1.5pt; text-align: left"> </td><td style="padding-bottom: 1.5pt; text-align: right"> </td><td style="padding-bottom: 1.5pt; text-align: left"> </td><td style="padding-bottom: 1.5pt"> </td> <td style="padding-bottom: 1.5pt; text-align: left"> </td><td style="padding-bottom: 1.5pt; text-align: right"> </td><td style="padding-bottom: 1.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 2.5pt">Total mortgage loans held for investment</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; padding-bottom: 2.5pt; text-align: left">$</td><td id="xdx_981_eus-gaap--MortgageLoansOnRealEstateCommercialAndConsumerNet_iI_c20230331__us-gaap--FinancialInstrumentAxis__custom--CemeteryPerpectualCareOblicationMember__us-gaap--FairValueByAssetClassAxis__custom--EquitySecuritiesOneMember_z9Ku77pkLj3h" style="border-bottom: Black 2.5pt double; padding-bottom: 2.5pt; text-align: right" title="Mortgage loans on real estate and construction">2,707,143</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt; text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt; text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt; text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt; text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: justify; padding-bottom: 2.5pt">Real estate held for investment: Residential</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; padding-bottom: 2.5pt; text-align: left">$</td><td id="xdx_98E_eus-gaap--RealEstateInvestmentPropertyNet_iI_c20230331__us-gaap--FinancialInstrumentAxis__custom--CemeteryPerpectualCareOblicationMember__us-gaap--FairValueByAssetClassAxis__us-gaap--ResidentialMortgageMember_zBYuSXXs80i1" style="border-bottom: Black 2.5pt double; padding-bottom: 2.5pt; text-align: right" title="Real estate held for investment: Residential">55,531</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt; text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt; text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt; text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt; text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 2.5pt">Cash and cash equivalents</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; padding-bottom: 2.5pt; text-align: left">$</td><td id="xdx_98A_eus-gaap--CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents_iI_c20230331__us-gaap--FinancialInstrumentAxis__custom--CemeteryPerpectualCareOblicationMember_ziWQkIabsFO3" style="border-bottom: Black 2.5pt double; padding-bottom: 2.5pt; text-align: right" title="Cash and cash equivalents">749,358</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt; text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt; text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt; text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt; text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: justify; padding-bottom: 2.5pt">Total cemetery perpetual care trust investments</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; padding-bottom: 2.5pt; text-align: left">$</td><td id="xdx_98D_ecustom--CemeteryPerpetualCareTrustInvestments_iI_c20230331__us-gaap--FinancialInstrumentAxis__custom--CemeteryPerpectualCareOblicationMember_zIYcme5wQPFi" style="border-bottom: Black 2.5pt double; padding-bottom: 2.5pt; text-align: right" title="Total cemetery perpetual care trust investments">7,460,412</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt; text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt; text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt; text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt; text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: justify; padding-bottom: 2.5pt">Cemetery perpetual care obligation</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; padding-bottom: 2.5pt; text-align: left">$</td><td id="xdx_982_ecustom--CemeteryPerpetualCareTrustObligation_iI_c20230331__us-gaap--FinancialInstrumentAxis__custom--CemeteryPerpectualCareOblicationMember_zFpUOSyGE0Da" style="border-bottom: Black 2.5pt double; padding-bottom: 2.5pt; text-align: right" title="Cemetery perpetual care obligation">(5,143,233</td><td style="padding-bottom: 2.5pt; text-align: left">)</td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt; text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt; text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt; text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt; text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: justify; padding-bottom: 2.5pt">Trust investments in excess of trust obligations</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; padding-bottom: 2.5pt; text-align: left">$</td><td id="xdx_989_ecustom--TrustInvestmentsinExcessofTrustObligations_iI_c20230331__us-gaap--FinancialInstrumentAxis__custom--CemeteryPerpectualCareOblicationMember_zY0afeSf93U3" style="border-bottom: Black 2.5pt double; padding-bottom: 2.5pt; text-align: right" title="Trust investments in excess of trust obligations">2,317,179</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt; text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt; text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt; text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt; text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> SECURITY NATIONAL FINANCIAL CORPORATION AND SUBSIDIARIES Notes to Condensed Consolidated Financial Statements March 31, 2023 (Unaudited) 15) Cemetery Perpetual Care Trust Investments and Obligation and Restricted Assets (Continued) The components of the cemetery perpetual care investments and obligation as of December 31, 2022, are as follows: <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: bottom"> <td> </td><td style="padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Amortized Cost</td><td style="padding-bottom: 1.5pt"> </td><td style="padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Gross Unrealized Gains</td><td style="padding-bottom: 1.5pt"> </td><td style="padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Gross Unrealized Losses</td><td style="padding-bottom: 1.5pt"> </td><td style="padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Estimated Fair Value</td><td style="padding-bottom: 1.5pt"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-decoration: underline; text-align: justify">December 31, 2022:</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Fixed maturity securities, available for sale, at estimated fair value:</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 10pt; width: 40%; text-align: left">U.S. Treasury securities and obligations of U.S. Government agencies</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_98C_eus-gaap--AvailableForSaleDebtSecuritiesAmortizedCostBasis_iI_c20221231__us-gaap--FinancialInstrumentAxis__custom--CemeteryPerpectualCareOblicationMember__us-gaap--FairValueByAssetClassAxis__us-gaap--USTreasurySecuritiesMember_ze8HfiUt221c" style="width: 11%; text-align: right" title="Available for sale securities, amortized cost">89,004</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_98B_eus-gaap--AvailableForSaleDebtSecuritiesGrossUnrealizedGain_c20220101__20221231__us-gaap--FinancialInstrumentAxis__custom--CemeteryPerpectualCareOblicationMember__us-gaap--FairValueByAssetClassAxis__us-gaap--USTreasurySecuritiesMember_zwCPCzfHxW6c" style="width: 11%; text-align: right" title="Available for sale securities, unrecognized holding gain">42</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_98D_eus-gaap--AvailableForSaleDebtSecuritiesGrossUnrealizedLoss_iN_di_c20220101__20221231__us-gaap--FinancialInstrumentAxis__custom--CemeteryPerpectualCareOblicationMember__us-gaap--FairValueByAssetClassAxis__us-gaap--USTreasurySecuritiesMember_zY1wybsXfq32" style="width: 11%; text-align: right" title="Available for sale securities, unrecognized holding loss">(38</td><td style="width: 1%; text-align: left">)</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_985_eus-gaap--AvailableForSaleSecuritiesDebtSecuritiesCurrent_iI_c20221231__us-gaap--FinancialInstrumentAxis__custom--CemeteryPerpectualCareOblicationMember__us-gaap--FairValueByAssetClassAxis__us-gaap--USTreasurySecuritiesMember_zL8n7o6HdXG6" style="width: 11%; text-align: right" title="Available for sale securities, estimated fair value">89,008</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-left: 10pt; text-align: left; padding-bottom: 1.5pt">Obligations of states and political subdivisions</td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_986_eus-gaap--AvailableForSaleDebtSecuritiesAmortizedCostBasis_iI_c20221231__us-gaap--FinancialInstrumentAxis__custom--CemeteryPerpectualCareOblicationMember__us-gaap--FairValueByAssetClassAxis__us-gaap--USStatesAndPoliticalSubdivisionsMember_zTmvnG4SE7ic" style="border-bottom: Black 1pt solid; text-align: right" title="Available for sale securities, amortized cost">174,201</td><td style="padding-bottom: 1.5pt; text-align: left"> </td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98A_eus-gaap--AvailableForSaleDebtSecuritiesGrossUnrealizedGain_c20220101__20221231__us-gaap--FinancialInstrumentAxis__custom--CemeteryPerpectualCareOblicationMember__us-gaap--FairValueByAssetClassAxis__us-gaap--USStatesAndPoliticalSubdivisionsMember_z8C5Fzawayhl" style="border-bottom: Black 1pt solid; text-align: right" title="Available for sale securities, unrecognized holding gain">-</td><td style="padding-bottom: 1.5pt; text-align: left"> </td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_983_eus-gaap--AvailableForSaleDebtSecuritiesGrossUnrealizedLoss_iN_di_c20220101__20221231__us-gaap--FinancialInstrumentAxis__custom--CemeteryPerpectualCareOblicationMember__us-gaap--FairValueByAssetClassAxis__us-gaap--USStatesAndPoliticalSubdivisionsMember_zhL7hJIWjU5f" style="border-bottom: Black 1pt solid; text-align: right" title="Available for sale securities, unrecognized holding loss">(8,478</td><td style="padding-bottom: 1.5pt; text-align: left">)</td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98D_eus-gaap--AvailableForSaleSecuritiesDebtSecuritiesCurrent_iI_c20221231__us-gaap--FinancialInstrumentAxis__custom--CemeteryPerpectualCareOblicationMember__us-gaap--FairValueByAssetClassAxis__us-gaap--USStatesAndPoliticalSubdivisionsMember_zlSxGX4JsTQi" style="border-bottom: Black 1pt solid; text-align: right" title="Available for sale securities, estimated fair value">165,723</td><td style="padding-bottom: 1.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 20pt; text-align: left; padding-bottom: 2.5pt">Total fixed maturity securities available for sale</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98A_eus-gaap--AvailableForSaleDebtSecuritiesAmortizedCostBasis_iI_c20221231__us-gaap--FinancialInstrumentAxis__custom--CemeteryPerpectualCareOblicationMember_z6MXXEyR2whi" style="border-bottom: Black 2.5pt double; text-align: right" title="Available for sale securities, amortized cost">263,205</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_987_eus-gaap--AvailableForSaleDebtSecuritiesGrossUnrealizedGain_c20220101__20221231__us-gaap--FinancialInstrumentAxis__custom--CemeteryPerpectualCareOblicationMember_zy46h8UqkcU1" style="border-bottom: Black 2.5pt double; text-align: right" title="Available for sale securities, unrecognized holding gain">42</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_984_eus-gaap--AvailableForSaleDebtSecuritiesGrossUnrealizedLoss_iN_di_c20220101__20221231__us-gaap--FinancialInstrumentAxis__custom--CemeteryPerpectualCareOblicationMember_z7Bhj0tcc9b8" style="border-bottom: Black 2.5pt double; text-align: right" title="Available for sale securities, unrecognized holding loss">(8,516</td><td style="padding-bottom: 2.5pt; text-align: left">)</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_984_eus-gaap--AvailableForSaleSecuritiesDebtSecuritiesCurrent_iI_c20221231__us-gaap--FinancialInstrumentAxis__custom--CemeteryPerpectualCareOblicationMember_zPQnRqGJh9Bi" style="border-bottom: Black 2.5pt double; text-align: right" title="Available for sale securities, estimated fair value">254,731</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Equity securities at estimated fair value:</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Common stock:</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 1.5pt">Industrial, miscellaneous and all other</td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left">$</td><td id="xdx_98E_eus-gaap--EquitySecuritiesFvNiCost_iI_c20221231__us-gaap--FinancialInstrumentAxis__custom--CemeteryPerpectualCareOblicationMember__us-gaap--FairValueByAssetClassAxis__custom--IndustrialMiscellaneousAndAllOtherMember_zctZa5y6pu75" style="border-bottom: Black 1pt solid; text-align: right" title="Available-for-sale securities, amortized cost basis">3,195,942</td><td style="padding-bottom: 1.5pt; text-align: left"> </td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left">$</td><td id="xdx_98A_eus-gaap--EquitySecuritiesFvNiUnrealizedGain_c20220101__20221231__us-gaap--FinancialInstrumentAxis__custom--CemeteryPerpectualCareOblicationMember__us-gaap--FairValueByAssetClassAxis__custom--IndustrialMiscellaneousAndAllOtherMember_zOJqBNoymySi" style="border-bottom: Black 1pt solid; text-align: right" title="Available for sale securities, unrecognized holding gain">584,383</td><td style="padding-bottom: 1.5pt; text-align: left"> </td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left">$</td><td id="xdx_98A_eus-gaap--EquitySecuritiesFvNiUnrealizedLoss_iN_di_c20220101__20221231__us-gaap--FinancialInstrumentAxis__custom--CemeteryPerpectualCareOblicationMember__us-gaap--FairValueByAssetClassAxis__custom--IndustrialMiscellaneousAndAllOtherMember_zb6cHkdthyDk" style="border-bottom: Black 1pt solid; text-align: right" title="Available for sale securities, unrecognized holding loss">(175,163</td><td style="padding-bottom: 1.5pt; text-align: left">)</td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left">$</td><td id="xdx_980_eus-gaap--EquitySecuritiesFvNi_iI_c20221231__us-gaap--FinancialInstrumentAxis__custom--CemeteryPerpectualCareOblicationMember__us-gaap--FairValueByAssetClassAxis__custom--IndustrialMiscellaneousAndAllOtherMember_zoETa1nxLnW4" style="border-bottom: Black 1pt solid; text-align: right" title="Available-for-sale securities, gross unrealized gain">3,605,162</td><td style="padding-bottom: 1.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-left: 10pt; text-align: left; padding-bottom: 2.5pt">Total equity securities at estimated fair value</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_985_eus-gaap--EquitySecuritiesFvNiCost_iI_c20221231__us-gaap--FinancialInstrumentAxis__custom--CemeteryPerpectualCareOblicationMember__us-gaap--FairValueByAssetClassAxis__custom--EquitySecuritiesOneMember_zO8CmmAomprb" style="border-bottom: Black 2.5pt double; text-align: right" title="Available-for-sale securities, amortized cost basis">3,195,942</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98D_eus-gaap--EquitySecuritiesFvNiUnrealizedGain_c20220101__20221231__us-gaap--FinancialInstrumentAxis__custom--CemeteryPerpectualCareOblicationMember__us-gaap--FairValueByAssetClassAxis__custom--EquitySecuritiesOneMember_zLw5vKTCBoFg" style="border-bottom: Black 2.5pt double; text-align: right" title="Available for sale securities, unrecognized holding gain">584,383</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_981_eus-gaap--EquitySecuritiesFvNiUnrealizedLoss_iN_di_c20220101__20221231__us-gaap--FinancialInstrumentAxis__custom--CemeteryPerpectualCareOblicationMember__us-gaap--FairValueByAssetClassAxis__custom--EquitySecuritiesOneMember_ztMr9l8SwOx1" style="border-bottom: Black 2.5pt double; text-align: right" title="Available for sale securities, unrecognized holding loss">(175,163</td><td style="padding-bottom: 2.5pt; text-align: left">)</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98F_eus-gaap--EquitySecuritiesFvNi_iI_c20221231__us-gaap--FinancialInstrumentAxis__custom--CemeteryPerpectualCareOblicationMember__us-gaap--FairValueByAssetClassAxis__custom--EquitySecuritiesOneMember_zmCLLozVwWm7" style="border-bottom: Black 2.5pt double; text-align: right" title="Available-for-sale securities, gross unrealized gain">3,605,162</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td>Mortgage loans held for investment at amortized cost:</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 10pt; text-align: justify; padding-bottom: 2.5pt"> Residential construction</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; padding-bottom: 2.5pt; text-align: left">$</td><td id="xdx_989_eus-gaap--NotesReceivableGross_iI_c20221231__us-gaap--FinancialInstrumentAxis__custom--CemeteryPerpectualCareOblicationMember__us-gaap--FairValueByAssetClassAxis__custom--ResidentialConstructionMember_zFr9CudMXqzc" style="border-bottom: Black 2.5pt double; padding-bottom: 2.5pt; text-align: right" title="Mortgage loans on real estate and construction">1,506,517</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt; text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt; text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt; text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 0pt; text-align: justify; padding-bottom: 2.5pt">Real estate held for investment: Residential</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; padding-bottom: 2.5pt; text-align: left">$</td><td id="xdx_984_eus-gaap--RealEstateInvestmentPropertyNet_iNI_di_c20221231__us-gaap--FinancialInstrumentAxis__custom--CemeteryPerpectualCareOblicationMember__us-gaap--FairValueByAssetClassAxis__us-gaap--ResidentialMortgageMember_zmjYpUXlyUQ3" style="border-bottom: Black 2.5pt double; padding-bottom: 2.5pt; text-align: right" title="Real estate held for investment: Residential">(16,178</td><td style="padding-bottom: 2.5pt; text-align: left">)</td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt; text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt; text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt; text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 2.5pt">Cash and cash equivalents</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; padding-bottom: 2.5pt; text-align: left">$</td><td id="xdx_981_eus-gaap--CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents_iI_c20221231__us-gaap--FinancialInstrumentAxis__custom--CemeteryPerpectualCareOblicationMember_zk70ThxZwiYg" style="border-bottom: Black 2.5pt double; padding-bottom: 2.5pt; text-align: right" title="Cash and cash equivalents">1,925,978</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt; text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt; text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt; text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: justify; padding-bottom: 2.5pt">Total cemetery perpetual care trust investments</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; padding-bottom: 2.5pt; text-align: left">$</td><td id="xdx_98C_ecustom--CemeteryPerpetualCareTrustInvestments_iI_c20221231__us-gaap--FinancialInstrumentAxis__custom--CemeteryPerpectualCareOblicationMember_zCD9Yn77pnX1" style="border-bottom: Black 2.5pt double; padding-bottom: 2.5pt; text-align: right" title="Total cemetery perpetual care trust investments">7,276,210</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt; text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt; text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt; text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: justify; padding-bottom: 2.5pt">Cemetery perpetual care obligation</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; padding-bottom: 2.5pt; text-align: left">$</td><td id="xdx_98F_ecustom--CemeteryPerpetualCareTrustObligation_iI_c20221231__us-gaap--FinancialInstrumentAxis__custom--CemeteryPerpectualCareOblicationMember_zCb4thF0Z772" style="border-bottom: Black 2.5pt double; padding-bottom: 2.5pt; text-align: right" title="Cemetery perpetual care obligation">(5,099,542</td><td style="padding-bottom: 2.5pt; text-align: left">)</td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt; text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt; text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt; text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: justify; padding-bottom: 2.5pt">Trust investments in excess of trust obligations</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; padding-bottom: 2.5pt; text-align: left">$</td><td id="xdx_983_ecustom--TrustInvestmentsinExcessofTrustObligations_iI_c20221231__us-gaap--FinancialInstrumentAxis__custom--CemeteryPerpectualCareOblicationMember_zxMDdRcqdpoj" style="border-bottom: Black 2.5pt double; padding-bottom: 2.5pt; text-align: right" title="Trust investments in excess of trust obligations">2,176,668</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt; text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt; text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt; text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> Fixed Maturity Securities <p id="xdx_896_ecustom--ScheduleOfFairValueOfFixedMaturitySecuritiesTableTextBlock_hus-gaap--FinancialInstrumentAxis__custom--CemeteryPerpectualCareOblicationMember_z54KjLzxclR1" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The following tables summarize unrealized losses on fixed maturities securities that were carried at estimated fair value at March 31, 2023 and at December 31, 2022. The unrealized losses were primarily related to interest rate fluctuations and inflation. The tables set forth unrealized losses by duration with the fair value of the related fixed maturity securities: Schedule of Fair Value of Fixed Maturity Securities <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: bottom"> <td> </td><td style="padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Unrealized Losses for Less than Twelve Months</td><td style="padding-bottom: 1.5pt"> </td><td style="padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Fair Value</td><td style="padding-bottom: 1.5pt"> </td><td style="padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Unrealized Losses for More than Twelve Months</td><td style="padding-bottom: 1.5pt"> </td><td style="padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Fair Value</td><td style="padding-bottom: 1.5pt"> </td><td style="padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Total Unrealized Loss</td><td style="padding-bottom: 1.5pt"> </td><td style="padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Fair Value</td><td style="padding-bottom: 1.5pt"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-decoration: underline">At March 31, 2023</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="width: 40%; text-align: left; padding-bottom: 1.5pt">Obligations of states and political subdivisions</td><td style="width: 2%; padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; width: 1%; text-align: left">$</td><td id="xdx_98D_eus-gaap--DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss_iI_c20230331__us-gaap--FinancialInstrumentAxis__custom--CemeteryPerpectualCareOblicationMember__us-gaap--FairValueByAssetClassAxis__us-gaap--USStatesAndPoliticalSubdivisionsMember_zG3jLJLVKSX1" style="border-bottom: Black 1pt solid; width: 6%; text-align: right" title="Available for sale securities, unrecognized holding loss">435</td><td style="width: 1%; padding-bottom: 1.5pt; text-align: left"> </td><td style="width: 2%; padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; width: 1%; text-align: left">$</td><td id="xdx_987_eus-gaap--DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months_iI_c20230331__us-gaap--FinancialInstrumentAxis__custom--CemeteryPerpectualCareOblicationMember__us-gaap--FairValueByAssetClassAxis__us-gaap--USStatesAndPoliticalSubdivisionsMember_zC3MgrbdHBgl" style="border-bottom: Black 1pt solid; width: 6%; text-align: right" title="Available for sale securities, fair value">54,401</td><td style="width: 1%; padding-bottom: 1.5pt; text-align: left"> </td><td style="width: 2%; padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; width: 1%; text-align: left">$</td><td id="xdx_98E_eus-gaap--DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss_iI_c20230331__us-gaap--FinancialInstrumentAxis__custom--CemeteryPerpectualCareOblicationMember__us-gaap--FairValueByAssetClassAxis__us-gaap--USStatesAndPoliticalSubdivisionsMember_ztB2BCQPuWp5" style="border-bottom: Black 1pt solid; width: 6%; text-align: right" title="Available for sale securities, unrecognized holding loss">5,493</td><td style="width: 1%; padding-bottom: 1.5pt; text-align: left"> </td><td style="width: 2%; padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; width: 1%; text-align: left">$</td><td id="xdx_980_eus-gaap--DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger_iI_c20230331__us-gaap--FinancialInstrumentAxis__custom--CemeteryPerpectualCareOblicationMember__us-gaap--FairValueByAssetClassAxis__us-gaap--USStatesAndPoliticalSubdivisionsMember_zqKXnd4lpha1" style="border-bottom: Black 1pt solid; width: 6%; text-align: right" title="Available for sale securities, fair value">112,637</td><td style="width: 1%; padding-bottom: 1.5pt; text-align: left"> </td><td style="width: 2%; padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; width: 1%; text-align: left">$</td><td id="xdx_98A_eus-gaap--DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLoss_iI_c20230331__us-gaap--FinancialInstrumentAxis__custom--CemeteryPerpectualCareOblicationMember__us-gaap--FairValueByAssetClassAxis__us-gaap--USStatesAndPoliticalSubdivisionsMember_zG7HlB4p6kn2" style="border-bottom: Black 1pt solid; width: 6%; text-align: right" title="Available for sale securities, unrecognized holding loss">5,928</td><td style="width: 1%; padding-bottom: 1.5pt; text-align: left"> </td><td style="width: 2%; padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; width: 1%; text-align: left">$</td><td id="xdx_988_eus-gaap--DebtSecuritiesAvailableForSaleUnrealizedLossPosition_iI_c20230331__us-gaap--FinancialInstrumentAxis__custom--CemeteryPerpectualCareOblicationMember__us-gaap--FairValueByAssetClassAxis__us-gaap--USStatesAndPoliticalSubdivisionsMember_zzRHASJ5rOuk" style="border-bottom: Black 1pt solid; width: 6%; text-align: right" title="Available for sale securities, fair value">167,038</td><td style="width: 1%; padding-bottom: 1.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 2.5pt">Total unrealized losses</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_984_eus-gaap--DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss_iI_c20230331__us-gaap--FinancialInstrumentAxis__custom--CemeteryPerpectualCareOblicationMember_zGJzctxRqis5" style="border-bottom: Black 2.5pt double; text-align: right" title="Available for sale securities, unrecognized holding loss">435</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98A_eus-gaap--DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months_iI_c20230331__us-gaap--FinancialInstrumentAxis__custom--CemeteryPerpectualCareOblicationMember_zKLcahQbscDb" style="border-bottom: Black 2.5pt double; text-align: right" title="Available for sale securities, fair value">54,401</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_983_eus-gaap--DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss_iI_c20230331__us-gaap--FinancialInstrumentAxis__custom--CemeteryPerpectualCareOblicationMember_z5kGEyPqdzbl" style="border-bottom: Black 2.5pt double; text-align: right" title="Available for sale securities, unrecognized holding loss">5,493</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_981_eus-gaap--DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger_iI_c20230331__us-gaap--FinancialInstrumentAxis__custom--CemeteryPerpectualCareOblicationMember_zexlwXlFNFPh" style="border-bottom: Black 2.5pt double; text-align: right" title="Available for sale securities, fair value">112,637</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_983_eus-gaap--DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLoss_iI_c20230331__us-gaap--FinancialInstrumentAxis__custom--CemeteryPerpectualCareOblicationMember_zB7cGjAH1MKh" style="border-bottom: Black 2.5pt double; text-align: right" title="Available for sale securities, unrecognized holding loss">5,928</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98A_eus-gaap--DebtSecuritiesAvailableForSaleUnrealizedLossPosition_iI_c20230331__us-gaap--FinancialInstrumentAxis__custom--CemeteryPerpectualCareOblicationMember_zy4TOioL5b04" style="border-bottom: Black 2.5pt double; text-align: right" title="Available for sale securities, fair value">167,038</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-decoration: underline">At December 31, 2022</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left">U.S. Treasury securities and obligations of U.S. Government agencies</td><td> </td> <td style="text-align: left">$</td><td id="xdx_983_eus-gaap--DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss_iI_c20221231__us-gaap--FinancialInstrumentAxis__custom--CemeteryPerpectualCareOblicationMember__us-gaap--FairValueByAssetClassAxis__us-gaap--USTreasurySecuritiesMember_zmE8yh22xJE4" style="text-align: right" title="Available for sale securities, unrecognized holding loss">38</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td id="xdx_98D_eus-gaap--DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months_iI_c20221231__us-gaap--FinancialInstrumentAxis__custom--CemeteryPerpectualCareOblicationMember__us-gaap--FairValueByAssetClassAxis__us-gaap--USTreasurySecuritiesMember_z5FGNpRVgtv9" style="text-align: right" title="Available for sale securities, fair value">59,392</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td id="xdx_989_eus-gaap--DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss_iI_c20221231__us-gaap--FinancialInstrumentAxis__custom--CemeteryPerpectualCareOblicationMember__us-gaap--FairValueByAssetClassAxis__us-gaap--USTreasurySecuritiesMember_zTHac5r9SYvb" style="text-align: right" title="Available for sale securities, unrecognized holding loss">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td id="xdx_987_eus-gaap--DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger_iI_c20221231__us-gaap--FinancialInstrumentAxis__custom--CemeteryPerpectualCareOblicationMember__us-gaap--FairValueByAssetClassAxis__us-gaap--USTreasurySecuritiesMember_zTBBW5sVCUvb" style="text-align: right" title="Available for sale securities, fair value">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td id="xdx_986_eus-gaap--DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLoss_iI_c20221231__us-gaap--FinancialInstrumentAxis__custom--CemeteryPerpectualCareOblicationMember__us-gaap--FairValueByAssetClassAxis__us-gaap--USTreasurySecuritiesMember_zNvSWMr8V6p4" style="text-align: right" title="Available for sale securities, unrecognized holding loss">38</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td id="xdx_98E_eus-gaap--DebtSecuritiesAvailableForSaleUnrealizedLossPosition_iI_c20221231__us-gaap--FinancialInstrumentAxis__custom--CemeteryPerpectualCareOblicationMember__us-gaap--FairValueByAssetClassAxis__us-gaap--USTreasurySecuritiesMember_zIggMtUcGuFf" style="text-align: right" title="Available for sale securities, fair value">59,392</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 1.5pt">Obligations of states and political subdivisions</td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98E_eus-gaap--DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss_iI_c20221231__us-gaap--FinancialInstrumentAxis__custom--CemeteryPerpectualCareOblicationMember__us-gaap--FairValueByAssetClassAxis__us-gaap--USStatesAndPoliticalSubdivisionsMember_zMlyLRkCfh22" style="border-bottom: Black 1pt solid; text-align: right" title="Available for sale securities, unrecognized holding loss">1,845</td><td style="padding-bottom: 1.5pt; text-align: left"> </td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_989_eus-gaap--DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months_iI_c20221231__us-gaap--FinancialInstrumentAxis__custom--CemeteryPerpectualCareOblicationMember__us-gaap--FairValueByAssetClassAxis__us-gaap--USStatesAndPoliticalSubdivisionsMember_zjcjfGO0mIP9" style="border-bottom: Black 1pt solid; text-align: right" title="Available for sale securities, fair value">94,612</td><td style="padding-bottom: 1.5pt; text-align: left"> </td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_985_eus-gaap--DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss_iI_c20221231__us-gaap--FinancialInstrumentAxis__custom--CemeteryPerpectualCareOblicationMember__us-gaap--FairValueByAssetClassAxis__us-gaap--USStatesAndPoliticalSubdivisionsMember_zbcaZ9RRZgxi" style="border-bottom: Black 1pt solid; text-align: right" title="Available for sale securities, unrecognized holding loss">6,633</td><td style="padding-bottom: 1.5pt; text-align: left"> </td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_985_eus-gaap--DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger_iI_c20221231__us-gaap--FinancialInstrumentAxis__custom--CemeteryPerpectualCareOblicationMember__us-gaap--FairValueByAssetClassAxis__us-gaap--USStatesAndPoliticalSubdivisionsMember_zt7qEVurtB4d" style="border-bottom: Black 1pt solid; text-align: right" title="Available for sale securities, fair value">71,112</td><td style="padding-bottom: 1.5pt; text-align: left"> </td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_984_eus-gaap--DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLoss_iI_c20221231__us-gaap--FinancialInstrumentAxis__custom--CemeteryPerpectualCareOblicationMember__us-gaap--FairValueByAssetClassAxis__us-gaap--USStatesAndPoliticalSubdivisionsMember_zGfSqxlAsl65" style="border-bottom: Black 1pt solid; text-align: right" title="Available for sale securities, unrecognized holding loss">8,478</td><td style="padding-bottom: 1.5pt; text-align: left"> </td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98A_eus-gaap--DebtSecuritiesAvailableForSaleUnrealizedLossPosition_iI_c20221231__us-gaap--FinancialInstrumentAxis__custom--CemeteryPerpectualCareOblicationMember__us-gaap--FairValueByAssetClassAxis__us-gaap--USStatesAndPoliticalSubdivisionsMember_z7glRnjdvKu5" style="border-bottom: Black 1pt solid; text-align: right" title="Available for sale securities, fair value">165,724</td><td style="padding-bottom: 1.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 2.5pt">Total unrealized losses</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_982_eus-gaap--DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss_iI_c20221231__us-gaap--FinancialInstrumentAxis__custom--CemeteryPerpectualCareOblicationMember_z2qTBMBj7dde" style="border-bottom: Black 2.5pt double; text-align: right" title="Available for sale securities, unrecognized holding loss">1,883</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_989_eus-gaap--DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months_iI_c20221231__us-gaap--FinancialInstrumentAxis__custom--CemeteryPerpectualCareOblicationMember_zT7DPMa57P0h" style="border-bottom: Black 2.5pt double; text-align: right" title="Available for sale securities, fair value">154,004</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98F_eus-gaap--DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss_iI_c20221231__us-gaap--FinancialInstrumentAxis__custom--CemeteryPerpectualCareOblicationMember_zWPPhydrKrg9" style="border-bottom: Black 2.5pt double; text-align: right" title="Available for sale securities, unrecognized holding loss">6,633</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98E_eus-gaap--DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger_iI_c20221231__us-gaap--FinancialInstrumentAxis__custom--CemeteryPerpectualCareOblicationMember_z11Q7ktEEJ5j" style="border-bottom: Black 2.5pt double; text-align: right" title="Available for sale securities, fair value">71,112</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_988_eus-gaap--DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLoss_iI_c20221231__us-gaap--FinancialInstrumentAxis__custom--CemeteryPerpectualCareOblicationMember_zQKK0lQMvx39" style="border-bottom: Black 2.5pt double; text-align: right" title="Available for sale securities, unrecognized holding loss">8,516</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_980_eus-gaap--DebtSecuritiesAvailableForSaleUnrealizedLossPosition_iI_c20221231__us-gaap--FinancialInstrumentAxis__custom--CemeteryPerpectualCareOblicationMember_zVsAXME3Mnxd" style="border-bottom: Black 2.5pt double; text-align: right" title="Available for sale securities, fair value">225,116</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> SECURITY NATIONAL FINANCIAL CORPORATION AND SUBSIDIARIES Notes to Condensed Consolidated Financial Statements March 31, 2023 (Unaudited) 15) Cemetery Perpetual Care Trust Investments and Obligation and Restricted Assets (Continued) There were 3 securities with fair value of <span id="xdx_900_ecustom--AverageMarketValueOverAmortizedCost_iI_pid_dp_uPure_c20230331__us-gaap--InvestmentTypeAxis__custom--ThreeSecuritiesMember_zHPzkJZcCaha" title="Average market value over amortized cost">96.6% of aggregate amortized cost at March 31, 2023. There were 5 securities with fair value of <span id="xdx_903_ecustom--AverageMarketValueOverAmortizedCost_iI_pid_dp_uPure_c20221231__us-gaap--InvestmentTypeAxis__custom--FiveSecuritiesMember_zynICKMu9b3e" title="Average market value over amortized cost">96.4% of aggregate amortized cost at December 31, 2022. <span id="xdx_907_eus-gaap--OtherThanTemporaryImpairmentLossDebtSecuritiesAvailableForSale_do_c20230101__20230331__us-gaap--FinancialInstrumentAxis__custom--CemeteryPerpectualCareOblicationMember_ztAaB0H2V43d" title="Credit loss recognized"><span id="xdx_906_eus-gaap--OtherThanTemporaryImpairmentLossDebtSecuritiesAvailableForSale_do_c20220101__20220331__us-gaap--FinancialInstrumentAxis__custom--CemeteryPerpectualCareOblicationMember_zymyMkHJ5rta" title="Credit loss recognized">No credit losses have been recognized for the three month periods ended March 31, 2023 and 2022, since the increase in unrealized losses is primarily a result of the recent rise in interest rates and inflation. <p id="xdx_89C_eus-gaap--InvestmentsClassifiedByContractualMaturityDateTableTextBlock_hus-gaap--FinancialInstrumentAxis__custom--CemeteryPerpectualCareOblicationMember_zDjczZ6ahYI3" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The following table presents the amortized cost and estimated fair value of fixed maturity securities available for sale at March 31, 2023, by contractual maturity. Expected maturities may differ from contractual maturities because certain borrowers may have the right to call or prepay obligations with or without call or prepayment penalties. Schedule of Investments Classified by Contractual Maturity Date <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 70%"> <tr style="vertical-align: bottom"> <td> </td><td> </td> <td colspan="2" style="text-align: center">Amortized</td><td> </td><td> </td> <td colspan="2" style="text-align: center">Estimated Fair</td><td> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Cost</td><td style="padding-bottom: 1.5pt"> </td><td style="padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Value</td><td style="padding-bottom: 1.5pt"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 60%; text-align: left">Due in 1 year</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_981_eus-gaap--AvailableForSaleDebtSecuritiesAmortizedCostBasis_iI_pp0p0_c20230331__us-gaap--FinancialInstrumentAxis__custom--CemeteryPerpectualCareOblicationMember__us-gaap--LeaseContractualTermAxis__custom--DueInOneYearMember_zhZiN4hqOI7b" style="width: 16%; text-align: right" title="Amortized cost">89,004</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_98C_eus-gaap--AvailableForSaleSecuritiesDebtSecuritiesCurrent_iI_pp0p0_c20230331__us-gaap--FinancialInstrumentAxis__custom--CemeteryPerpectualCareOblicationMember__us-gaap--LeaseContractualTermAxis__custom--DueInOneYearMember_zwT7oO49gzc6" style="width: 16%; text-align: right" title="Estimated fair value">89,384</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Due in 2-5 years</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98A_eus-gaap--AvailableForSaleDebtSecuritiesAmortizedCostBasis_iI_pp0p0_c20230331__us-gaap--FinancialInstrumentAxis__custom--CemeteryPerpectualCareOblicationMember__us-gaap--LeaseContractualTermAxis__custom--DueInTwoToFiveYearsMember_zyRLUn9EmbNd" style="text-align: right" title="Amortized cost">76,509</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_984_eus-gaap--AvailableForSaleSecuritiesDebtSecuritiesCurrent_iI_pp0p0_c20230331__us-gaap--FinancialInstrumentAxis__custom--CemeteryPerpectualCareOblicationMember__us-gaap--LeaseContractualTermAxis__custom--DueInTwoToFiveYearsMember_zvpeosOXoaxc" style="text-align: right" title="Estimated fair value">71,788</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Due in 5-10 years</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98F_eus-gaap--AvailableForSaleDebtSecuritiesAmortizedCostBasis_iI_pp0p0_c20230331__us-gaap--FinancialInstrumentAxis__custom--CemeteryPerpectualCareOblicationMember__us-gaap--LeaseContractualTermAxis__custom--DueInFiveToTenYearsMember_zdiO9RyIORR4" style="text-align: right" title="Amortized cost">41,621</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_984_eus-gaap--AvailableForSaleSecuritiesDebtSecuritiesCurrent_iI_pp0p0_c20230331__us-gaap--FinancialInstrumentAxis__custom--CemeteryPerpectualCareOblicationMember__us-gaap--LeaseContractualTermAxis__custom--DueInFiveToTenYearsMember_z1oasvfl5Tr6" style="text-align: right" title="Estimated fair value">40,849</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 1.5pt">Due in more than 10 years</td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98A_eus-gaap--AvailableForSaleDebtSecuritiesAmortizedCostBasis_iI_pp0p0_c20230331__us-gaap--FinancialInstrumentAxis__custom--CemeteryPerpectualCareOblicationMember__us-gaap--LeaseContractualTermAxis__custom--DueInMoreThanTenYearsMember_zM4lqauut5s5" style="border-bottom: Black 1pt solid; text-align: right" title="Amortized cost">54,835</td><td style="padding-bottom: 1.5pt; text-align: left"> </td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98B_eus-gaap--AvailableForSaleSecuritiesDebtSecuritiesCurrent_iI_pp0p0_c20230331__us-gaap--FinancialInstrumentAxis__custom--CemeteryPerpectualCareOblicationMember__us-gaap--LeaseContractualTermAxis__custom--DueInMoreThanTenYearsMember_z4pkWVJd1Xb1" style="border-bottom: Black 1pt solid; text-align: right" title="Estimated fair value">54,401</td><td style="padding-bottom: 1.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 10pt; padding-bottom: 2.5pt">Total</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98F_eus-gaap--AvailableForSaleDebtSecuritiesAmortizedCostBasis_iI_pp0p0_c20230331__us-gaap--FinancialInstrumentAxis__custom--CemeteryPerpectualCareOblicationMember_zL3vFybvJfL3" style="border-bottom: Black 2.5pt double; text-align: right" title="Amortized cost">261,969</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98F_eus-gaap--AvailableForSaleSecuritiesDebtSecuritiesCurrent_iI_pp0p0_c20230331__us-gaap--FinancialInstrumentAxis__custom--CemeteryPerpectualCareOblicationMember_zwGKbcJkbTth" style="border-bottom: Black 2.5pt double; text-align: right" title="Estimated fair value">256,422</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> Restricted Assets The Company has also established certain restricted assets to provide for future merchandise and service obligations incurred in connection with its pre-need sales for its cemetery and mortuary segment. Restricted cash also represents escrows held for borrowers and investors under servicing and appraisal agreements relating to mortgage loans, funds held by warehouse banks in accordance with loan purchase agreements and funds held in escrow for certain real estate construction development projects. Additionally, the Company elected to maintain its medical benefit fund without change from the prior year and has included this amount as a component of restricted cash. These restricted cash items are for the Company’s life insurance and mortgage segments. <p id="xdx_89F_ecustom--ScheduleOfRestrictedAssetsInCemeteryAndMortuaryEndowmentCareAndPreNeedMerchandiseFundsTextBlock_hus-gaap--InvestmentTypeAxis__custom--RestrictedAssetsMember_zGLEUDkQlC5e" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Restricted assets as of March 31, 2023, are summarized as follows: Schedule of Restricted Assets in Cemetery and Mortuary Endowment Care and Pre need Merchandise Funds <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: bottom"> <td> </td><td style="padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Amortized Cost</td><td style="padding-bottom: 1.5pt"> </td><td style="padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Gross Unrealized Gains</td><td style="padding-bottom: 1.5pt"> </td><td style="padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Gross Unrealized Losses</td><td style="padding-bottom: 1.5pt"> </td><td style="padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Allowance for Credit Losses</td><td style="padding-bottom: 1.5pt"> </td><td style="padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Estimated Fair Value</td><td style="padding-bottom: 1.5pt"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-decoration: underline; text-align: justify">March 31, 2023:</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Fixed maturity securities, available for sale, at estimated fair value:</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 10pt; width: 35%; text-align: left">Obligations of states and political subdivisions</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_982_eus-gaap--AvailableForSaleDebtSecuritiesAmortizedCostBasis_iI_c20230331__us-gaap--FairValueByAssetClassAxis__us-gaap--USStatesAndPoliticalSubdivisionsMember__us-gaap--FinancialInstrumentAxis__custom--RestrictedAssetsMember_ziPsgCTXcAOi" style="width: 9%; text-align: right" title="Available for sale securities, amortized cost">1,030,141</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_982_eus-gaap--AvailableForSaleDebtSecuritiesGrossUnrealizedGain_c20230101__20230331__us-gaap--FairValueByAssetClassAxis__us-gaap--USStatesAndPoliticalSubdivisionsMember__us-gaap--FinancialInstrumentAxis__custom--RestrictedAssetsMember_zG3esfi4toKg" style="width: 9%; text-align: right" title="Available for sale securities, unrecognized holding gain">679</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_98C_eus-gaap--AvailableForSaleDebtSecuritiesGrossUnrealizedLoss_iN_di_c20230101__20230331__us-gaap--FairValueByAssetClassAxis__us-gaap--USStatesAndPoliticalSubdivisionsMember__us-gaap--FinancialInstrumentAxis__custom--RestrictedAssetsMember_zFyQ7R54s2lg" style="width: 9%; text-align: right" title="Available for sale securities, unrecognized holding loss">(12,436</td><td style="width: 1%; text-align: left">)</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_98C_ecustom--AllowanceForCreditLosses_iN_di_c20230101__20230331__us-gaap--FairValueByAssetClassAxis__us-gaap--USStatesAndPoliticalSubdivisionsMember__us-gaap--FinancialInstrumentAxis__custom--RestrictedAssetsMember_z2BmBYI7hsEc" style="width: 9%; text-align: right" title="Allowance for Credit Losses">-</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_980_eus-gaap--AvailableForSaleSecuritiesDebtSecuritiesCurrent_iI_c20230331__us-gaap--FairValueByAssetClassAxis__us-gaap--USStatesAndPoliticalSubdivisionsMember__us-gaap--FinancialInstrumentAxis__custom--RestrictedAssetsMember_zXonQngDgJQ6" style="width: 9%; text-align: right" title="Available for sale securities, estimated fair value">1,018,384</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-left: 10pt; text-align: left; padding-bottom: 1.5pt">Corporate securities including public utilities</td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_980_eus-gaap--AvailableForSaleDebtSecuritiesAmortizedCostBasis_iI_c20230331__us-gaap--FairValueByAssetClassAxis__us-gaap--CorporateDebtSecuritiesMember__us-gaap--FinancialInstrumentAxis__custom--RestrictedAssetsMember_zaOHY76xysBc" style="border-bottom: Black 1pt solid; text-align: right" title="Available for sale securities, amortized cost">200,543</td><td style="padding-bottom: 1.5pt; text-align: left"> </td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98A_eus-gaap--AvailableForSaleDebtSecuritiesGrossUnrealizedGain_c20230101__20230331__us-gaap--FairValueByAssetClassAxis__us-gaap--CorporateDebtSecuritiesMember__us-gaap--FinancialInstrumentAxis__custom--RestrictedAssetsMember_zSahkKwYKSV6" style="border-bottom: Black 1pt solid; text-align: right" title="Available for sale securities, unrecognized holding gain">-</td><td style="padding-bottom: 1.5pt; text-align: left"> </td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98B_eus-gaap--AvailableForSaleDebtSecuritiesGrossUnrealizedLoss_iN_di_c20230101__20230331__us-gaap--FairValueByAssetClassAxis__us-gaap--CorporateDebtSecuritiesMember__us-gaap--FinancialInstrumentAxis__custom--RestrictedAssetsMember_zYhGbUU5F9Pk" style="border-bottom: Black 1pt solid; text-align: right" title="Available for sale securities, unrecognized holding loss">(1,620</td><td style="padding-bottom: 1.5pt; text-align: left">)</td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98D_ecustom--AllowanceForCreditLosses_iN_di_c20230101__20230331__us-gaap--FairValueByAssetClassAxis__us-gaap--CorporateDebtSecuritiesMember__us-gaap--FinancialInstrumentAxis__custom--RestrictedAssetsMember_zAb9k4zomic9" style="border-bottom: Black 1pt solid; text-align: right" title="Allowance for Credit Losses">-</td><td style="padding-bottom: 1.5pt; text-align: left"> </td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_983_eus-gaap--AvailableForSaleSecuritiesDebtSecuritiesCurrent_iI_c20230331__us-gaap--FairValueByAssetClassAxis__us-gaap--CorporateDebtSecuritiesMember__us-gaap--FinancialInstrumentAxis__custom--RestrictedAssetsMember_zBdRtRynnQe8" style="border-bottom: Black 1pt solid; text-align: right" title="Available for sale securities, estimated fair value">198,923</td><td style="padding-bottom: 1.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 20pt; text-align: left; padding-bottom: 2.5pt">Total fixed maturity securities available for sale</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_984_eus-gaap--AvailableForSaleDebtSecuritiesAmortizedCostBasis_iI_c20230331__us-gaap--FinancialInstrumentAxis__custom--RestrictedAssetsMember_z9Ydp86AgRm7" style="border-bottom: Black 2.5pt double; text-align: right" title="Available for sale securities, amortized cost">1,230,685</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_985_eus-gaap--AvailableForSaleDebtSecuritiesGrossUnrealizedGain_c20230101__20230331__us-gaap--FinancialInstrumentAxis__custom--RestrictedAssetsMember_zsrFEREGFWF4" style="border-bottom: Black 2.5pt double; text-align: right" title="Available for sale securities, unrecognized holding gain">679</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_985_eus-gaap--AvailableForSaleDebtSecuritiesGrossUnrealizedLoss_iN_di_c20230101__20230331__us-gaap--FinancialInstrumentAxis__custom--RestrictedAssetsMember_zG83kJpsAuOk" style="border-bottom: Black 2.5pt double; text-align: right" title="Available for sale securities, unrecognized holding loss">(14,056</td><td style="padding-bottom: 2.5pt; text-align: left">)</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98C_ecustom--AllowanceForCreditLosses_iN_di_c20230101__20230331__us-gaap--FinancialInstrumentAxis__custom--RestrictedAssetsMember_zs9CFNiAx1dl" style="border-bottom: Black 2.5pt double; text-align: right" title="Allowance for Credit Losses">-</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98C_eus-gaap--AvailableForSaleSecuritiesDebtSecuritiesCurrent_iI_c20230331__us-gaap--FinancialInstrumentAxis__custom--RestrictedAssetsMember_zXSMTWd9Vz14" style="border-bottom: Black 2.5pt double; text-align: right" title="Available for sale securities, estimated fair value">1,217,307</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Equity securities at estimated fair value:</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Common stock:</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 1.5pt">Industrial, miscellaneous and all other</td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left">$</td><td id="xdx_986_eus-gaap--EquitySecuritiesFvNiCost_iI_c20230331__us-gaap--FairValueByAssetClassAxis__custom--IndustrialMiscellaneousAndAllOtherMember__us-gaap--FinancialInstrumentAxis__custom--RestrictedAssetsMember_zD05MWTnQ6Qf" style="border-bottom: Black 1pt solid; text-align: right" title="Available-for-sale securities, amortized cost basis">5,241,033</td><td style="padding-bottom: 1.5pt; text-align: left"> </td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left">$</td><td id="xdx_982_eus-gaap--EquitySecuritiesFvNiUnrealizedGain_c20230101__20230331__us-gaap--FairValueByAssetClassAxis__custom--IndustrialMiscellaneousAndAllOtherMember__us-gaap--FinancialInstrumentAxis__custom--RestrictedAssetsMember_z0Mmt9k2jYZb" style="border-bottom: Black 1pt solid; text-align: right" title="Available for sale securities, unrecognized holding gain">692,339</td><td style="padding-bottom: 1.5pt; text-align: left"> </td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left">$</td><td id="xdx_987_eus-gaap--EquitySecuritiesFvNiUnrealizedLoss_iN_di_c20230101__20230331__us-gaap--FairValueByAssetClassAxis__custom--IndustrialMiscellaneousAndAllOtherMember__us-gaap--FinancialInstrumentAxis__custom--RestrictedAssetsMember_zrxjkrTwz2zk" style="border-bottom: Black 1pt solid; text-align: right" title="Available for sale securities, unrecognized holding loss">(272,945</td><td style="padding-bottom: 1.5pt; text-align: left">)</td><td style="padding-bottom: 1.5pt"> </td> <td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt; text-align: right"> </td><td style="padding-bottom: 1.5pt; text-align: left"> </td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left">$</td><td id="xdx_983_eus-gaap--EquitySecuritiesFvNi_iI_c20230331__us-gaap--FairValueByAssetClassAxis__custom--IndustrialMiscellaneousAndAllOtherMember__us-gaap--FinancialInstrumentAxis__custom--RestrictedAssetsMember_zRbFjptLYJpc" style="border-bottom: Black 1pt solid; text-align: right" title="Available-for-sale securities, gross unrealized gain">5,660,427</td><td style="padding-bottom: 1.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-left: 10pt; text-align: left; padding-bottom: 2.5pt">Total equity securities at estimated fair value</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98E_eus-gaap--EquitySecuritiesFvNiCost_iI_c20230331__us-gaap--FinancialInstrumentAxis__custom--RestrictedAssetsMember__us-gaap--FairValueByAssetClassAxis__custom--EquitySecuritiesOneMember_zUO1ewJEkLig" style="border-bottom: Black 2.5pt double; text-align: right" title="Available-for-sale securities, amortized cost basis">5,241,033</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_984_eus-gaap--EquitySecuritiesFvNiUnrealizedGain_c20230101__20230331__us-gaap--FairValueByAssetClassAxis__custom--EquitySecuritiesOneMember__us-gaap--FinancialInstrumentAxis__custom--RestrictedAssetsMember_zzvsSh3steI6" style="border-bottom: Black 2.5pt double; text-align: right" title="Available for sale securities, unrecognized holding gain">692,339</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_981_eus-gaap--EquitySecuritiesFvNiUnrealizedLoss_iN_di_c20230101__20230331__us-gaap--FairValueByAssetClassAxis__custom--EquitySecuritiesOneMember__us-gaap--FinancialInstrumentAxis__custom--RestrictedAssetsMember_z4JTIm3mcb42" style="border-bottom: Black 2.5pt double; text-align: right" title="Available for sale securities, unrecognized holding loss">(272,945</td><td style="padding-bottom: 2.5pt; text-align: left">)</td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt; text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_989_eus-gaap--EquitySecuritiesFvNi_iI_c20230331__us-gaap--FairValueByAssetClassAxis__custom--EquitySecuritiesOneMember__us-gaap--FinancialInstrumentAxis__custom--RestrictedAssetsMember_zGYTGSSuszpc" style="border-bottom: Black 2.5pt double; text-align: right" title="Available-for-sale securities, gross unrealized gain">5,660,427</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: justify">Mortgage loans held for investment at amortized cost:</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right" title="Mortgage loans on real estate and construction"/><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: justify">Residential construction</td><td> </td> <td style="text-align: left">$</td><td id="xdx_98B_eus-gaap--NotesReceivableGross_iI_c20230331__us-gaap--FinancialInstrumentAxis__custom--RestrictedAssetsMember__us-gaap--FairValueByAssetClassAxis__custom--ResidentialConstructionMember_zsYvqyg1Bm59" style="text-align: right" title="Mortgage loans on real estate and construction">2,936,896</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: justify; padding-bottom: 1.5pt">Less: Allowance for credit losses</td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left">$</td><td id="xdx_987_ecustom--AggregateFairValueAllowanceForCreditLosses_iI_c20230331__us-gaap--FinancialInstrumentAxis__custom--RestrictedAssetsMember__us-gaap--FairValueByAssetClassAxis__custom--ResidentialConstructionMember_z35jaomSjPqk" style="border-bottom: Black 1pt solid; text-align: right" title="Fair value allowance for credit losse">(5,874</td><td style="padding-bottom: 1.5pt; text-align: left">)</td><td style="padding-bottom: 1.5pt"> </td> <td style="padding-bottom: 1.5pt; text-align: left"> </td><td style="padding-bottom: 1.5pt; text-align: right"> </td><td style="padding-bottom: 1.5pt; text-align: left"> </td><td style="padding-bottom: 1.5pt"> </td> <td style="padding-bottom: 1.5pt; text-align: left"> </td><td style="padding-bottom: 1.5pt; text-align: right"> </td><td style="padding-bottom: 1.5pt; text-align: left"> </td><td style="padding-bottom: 1.5pt"> </td> <td style="padding-bottom: 1.5pt; text-align: left"> </td><td style="padding-bottom: 1.5pt; text-align: right"> </td><td style="padding-bottom: 1.5pt; text-align: left"> </td><td style="padding-bottom: 1.5pt"> </td> <td style="padding-bottom: 1.5pt; text-align: left"> </td><td style="padding-bottom: 1.5pt; text-align: right"> </td><td style="padding-bottom: 1.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 2.5pt">Total mortgage loans held for investment</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_989_eus-gaap--MortgageLoansOnRealEstateCommercialAndConsumerNet_iI_c20230331__us-gaap--FinancialInstrumentAxis__custom--RestrictedAssetsMember__us-gaap--FairValueByAssetClassAxis__custom--ResidentialConstructionMember_zN8lmo9PIh9i" style="border-bottom: Black 2.5pt double; text-align: right" title="Fair value allowance for credit losse">2,931,023</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt; text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt; text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt; text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt; text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 2.5pt">Cash and cash equivalents (1)</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_986_eus-gaap--CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents_iI_c20230331__us-gaap--FinancialInstrumentAxis__custom--RestrictedAssetsMember_fKDEp_z4C3LQpkEh18" style="border-bottom: Black 2.5pt double; text-align: right" title="Cash and cash equivalents">9,228,113</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt; text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt; text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt; text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt; text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: justify; padding-bottom: 2.5pt">Total restricted assets</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98C_eus-gaap--RestrictedInvestments_iI_c20230331__us-gaap--FinancialInstrumentAxis__custom--RestrictedAssetsMember_zGrGUaGGUzT" style="border-bottom: Black 2.5pt double; text-align: right" title="Total restricted assets">19,036,870</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt; text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt; text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt; text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt; text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> <div style="width: 20%"><div style="border-top: Black 1.5pt solid; font-size: 1pt"> </div></div> <table border="0" cellpadding="0" cellspacing="0" style="width: 100%"> <tr style="vertical-align: top"> <td style="width: 0.25in">(1)</td> <td>Including cash and cash equivalents of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNjaGVkdWxlIG9mIFJlc3RyaWN0ZWQgQXNzZXRzIGluIENlbWV0ZXJ5IGFuZCBNb3J0dWFyeSBFbmRvd21lbnQgQ2FyZSBhbmQgUHJlIG5lZWQgTWVyY2hhbmRpc2UgRnVuZHMgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90E_eus-gaap--CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents_iI_pp0p0_c20230331__us-gaap--FinancialInstrumentAxis__custom--RestrictedAssetsMember__us-gaap--FairValueByAssetClassAxis__custom--SecurityNationalLifeInsuranceMember_zSDYGVsLWfnb" title="Cash, cash equivalents, restricted cash and restricted cash equivalents at end of year">8,232,615 for the life insurance and mortgage segments. </td></tr> </table> SECURITY NATIONAL FINANCIAL CORPORATION AND SUBSIDIARIES Notes to Condensed Consolidated Financial Statements March 31, 2023 (Unaudited) 15) Cemetery Perpetual Care Trust Investments and Obligation and Restricted Assets (Continued) Restricted assets as of December 31, 2022, are summarized as follows: <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: bottom"> <td> </td><td style="padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Amortized Cost</td><td style="padding-bottom: 1.5pt"> </td><td style="padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Gross Unrealized Gains</td><td style="padding-bottom: 1.5pt"> </td><td style="padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Gross Unrealized Losses</td><td style="padding-bottom: 1.5pt"> </td><td style="padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Estimated Fair Value</td><td style="padding-bottom: 1.5pt"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-decoration: underline; text-align: justify">December 31, 2022:</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Fixed maturity securities, available for sale, at estimated fair value:</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 10pt; width: 40%; text-align: left">Obligations of states and political subdivisions</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_986_eus-gaap--AvailableForSaleDebtSecuritiesAmortizedCostBasis_iI_c20221231__us-gaap--FairValueByAssetClassAxis__us-gaap--USStatesAndPoliticalSubdivisionsMember__us-gaap--FinancialInstrumentAxis__custom--RestrictedAssetsMember_zfsS7074npq2" style="width: 11%; text-align: right" title="Available for sale securities, amortized cost">1,033,047</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_983_eus-gaap--AvailableForSaleDebtSecuritiesGrossUnrealizedGain_c20220101__20221231__us-gaap--FairValueByAssetClassAxis__us-gaap--USStatesAndPoliticalSubdivisionsMember__us-gaap--FinancialInstrumentAxis__custom--RestrictedAssetsMember_zrzhvPWnqBya" style="width: 11%; text-align: right" title="Available for sale securities, unrecognized holding gain">866</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_983_eus-gaap--AvailableForSaleDebtSecuritiesGrossUnrealizedLoss_iN_di_c20220101__20221231__us-gaap--FairValueByAssetClassAxis__us-gaap--USStatesAndPoliticalSubdivisionsMember__us-gaap--FinancialInstrumentAxis__custom--RestrictedAssetsMember_z9ncnPLfmeD" style="width: 11%; text-align: right" title="Available for sale securities, unrecognized holding loss">(15,360</td><td style="width: 1%; text-align: left">)</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_986_eus-gaap--AvailableForSaleSecuritiesDebtSecuritiesCurrent_iI_c20221231__us-gaap--FairValueByAssetClassAxis__us-gaap--USStatesAndPoliticalSubdivisionsMember__us-gaap--FinancialInstrumentAxis__custom--RestrictedAssetsMember_zWk7nVhbi363" style="width: 11%; text-align: right" title="Available for sale securities, estimated fair value">1,018,553</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-left: 10pt; text-align: left; padding-bottom: 1.5pt">Corporate securities including public utilities</td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98C_eus-gaap--AvailableForSaleDebtSecuritiesAmortizedCostBasis_iI_c20221231__us-gaap--FairValueByAssetClassAxis__us-gaap--CorporateDebtSecuritiesMember__us-gaap--FinancialInstrumentAxis__custom--RestrictedAssetsMember_zOJUdb7lecig" style="border-bottom: Black 1pt solid; text-align: right" title="Available for sale securities, amortized cost">201,771</td><td style="padding-bottom: 1.5pt; text-align: left"> </td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_988_eus-gaap--AvailableForSaleDebtSecuritiesGrossUnrealizedGain_c20220101__20221231__us-gaap--FairValueByAssetClassAxis__us-gaap--CorporateDebtSecuritiesMember__us-gaap--FinancialInstrumentAxis__custom--RestrictedAssetsMember_ziWdahpRSkXj" style="border-bottom: Black 1pt solid; text-align: right" title="Available for sale securities, unrecognized holding gain">-</td><td style="padding-bottom: 1.5pt; text-align: left"> </td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_987_eus-gaap--AvailableForSaleDebtSecuritiesGrossUnrealizedLoss_iN_di_c20220101__20221231__us-gaap--FairValueByAssetClassAxis__us-gaap--CorporateDebtSecuritiesMember__us-gaap--FinancialInstrumentAxis__custom--RestrictedAssetsMember_zEF9vtnEsFFd" style="border-bottom: Black 1pt solid; text-align: right" title="Available for sale securities, unrecognized holding loss">(3,016</td><td style="padding-bottom: 1.5pt; text-align: left">)</td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_984_eus-gaap--AvailableForSaleSecuritiesDebtSecuritiesCurrent_iI_c20221231__us-gaap--FairValueByAssetClassAxis__us-gaap--CorporateDebtSecuritiesMember__us-gaap--FinancialInstrumentAxis__custom--RestrictedAssetsMember_zKF9p8FrbPXg" style="border-bottom: Black 1pt solid; text-align: right" title="Available for sale securities, estimated fair value">198,755</td><td style="padding-bottom: 1.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 20pt; text-align: left; padding-bottom: 2.5pt">Total fixed maturity securities available for sale</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_985_eus-gaap--AvailableForSaleDebtSecuritiesAmortizedCostBasis_iI_c20221231__us-gaap--FinancialInstrumentAxis__custom--RestrictedAssetsMember_zbeB4bNCkd45" style="border-bottom: Black 2.5pt double; text-align: right" title="Available for sale securities, amortized cost">1,234,818</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98A_eus-gaap--AvailableForSaleDebtSecuritiesGrossUnrealizedGain_c20220101__20221231__us-gaap--FinancialInstrumentAxis__custom--RestrictedAssetsMember_z7TWHm1coxIh" style="border-bottom: Black 2.5pt double; text-align: right" title="Available for sale securities, unrecognized holding gain">866</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98E_eus-gaap--AvailableForSaleDebtSecuritiesGrossUnrealizedLoss_iN_di_c20220101__20221231__us-gaap--FinancialInstrumentAxis__custom--RestrictedAssetsMember_zHUuk8RGrqf" style="border-bottom: Black 2.5pt double; text-align: right" title="Available for sale securities, unrecognized holding loss">(18,376</td><td style="padding-bottom: 2.5pt; text-align: left">)</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98C_eus-gaap--AvailableForSaleSecuritiesDebtSecuritiesCurrent_iI_c20221231__us-gaap--FinancialInstrumentAxis__custom--RestrictedAssetsMember_z25KMYDitDn9" style="border-bottom: Black 2.5pt double; text-align: right" title="Available for sale securities, estimated fair value">1,217,308</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Equity securities at estimated fair value:</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Common stock:</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 1.5pt">Industrial, miscellaneous and all other</td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left">$</td><td id="xdx_98B_eus-gaap--EquitySecuritiesFvNiCost_iI_c20221231__us-gaap--FairValueByAssetClassAxis__custom--IndustrialMiscellaneousAndAllOtherMember__us-gaap--FinancialInstrumentAxis__custom--RestrictedAssetsMember_zXjmHpj8I7h4" style="border-bottom: Black 1pt solid; text-align: right" title="Available-for-sale securities, amortized cost basis">4,955,360</td><td style="padding-bottom: 1.5pt; text-align: left"> </td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left">$</td><td id="xdx_98A_eus-gaap--EquitySecuritiesFvNiUnrealizedGain_c20220101__20221231__us-gaap--FairValueByAssetClassAxis__custom--IndustrialMiscellaneousAndAllOtherMember__us-gaap--FinancialInstrumentAxis__custom--RestrictedAssetsMember_zMeenF8j6jQa" style="border-bottom: Black 1pt solid; text-align: right" title="Available for sale securities, unrecognized holding gain">703,049</td><td style="padding-bottom: 1.5pt; text-align: left"> </td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left">$</td><td id="xdx_98B_eus-gaap--EquitySecuritiesFvNiUnrealizedLoss_iN_di_c20220101__20221231__us-gaap--FairValueByAssetClassAxis__custom--IndustrialMiscellaneousAndAllOtherMember__us-gaap--FinancialInstrumentAxis__custom--RestrictedAssetsMember_z5E5CAdVRPfb" style="border-bottom: Black 1pt solid; text-align: right" title="Available for sale securities, unrecognized holding loss">(310,165</td><td style="padding-bottom: 1.5pt; text-align: left">)</td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left">$</td><td id="xdx_98F_eus-gaap--EquitySecuritiesFvNi_iI_c20221231__us-gaap--FairValueByAssetClassAxis__custom--IndustrialMiscellaneousAndAllOtherMember__us-gaap--FinancialInstrumentAxis__custom--RestrictedAssetsMember_z0xpuweIi1Ye" style="border-bottom: Black 1pt solid; text-align: right" title="Available-for-sale securities, gross unrealized gain">5,348,244</td><td style="padding-bottom: 1.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-left: 10pt; text-align: left; padding-bottom: 2.5pt">Total equity securities at estimated fair value</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_987_eus-gaap--EquitySecuritiesFvNiCost_iI_c20221231__us-gaap--FinancialInstrumentAxis__custom--RestrictedAssetsMember__us-gaap--FairValueByAssetClassAxis__custom--EquitySecuritiesOneMember_zxaI1xwLOQjb" style="border-bottom: Black 2.5pt double; text-align: right" title="Available-for-sale securities, amortized cost basis">4,955,360</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_982_eus-gaap--EquitySecuritiesFvNiUnrealizedGain_c20220101__20221231__us-gaap--FairValueByAssetClassAxis__custom--EquitySecuritiesOneMember__us-gaap--FinancialInstrumentAxis__custom--RestrictedAssetsMember_zklMkqprRGA8" style="border-bottom: Black 2.5pt double; text-align: right" title="Available for sale securities, unrecognized holding gain">703,049</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_982_eus-gaap--EquitySecuritiesFvNiUnrealizedLoss_iN_di_c20220101__20221231__us-gaap--FairValueByAssetClassAxis__custom--EquitySecuritiesOneMember__us-gaap--FinancialInstrumentAxis__custom--RestrictedAssetsMember_zWyldbfr2PBc" style="border-bottom: Black 2.5pt double; text-align: right" title="Available for sale securities, unrecognized holding loss">(310,165</td><td style="padding-bottom: 2.5pt; text-align: left">)</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_983_eus-gaap--EquitySecuritiesFvNi_iI_c20221231__us-gaap--FairValueByAssetClassAxis__custom--EquitySecuritiesOneMember__us-gaap--FinancialInstrumentAxis__custom--RestrictedAssetsMember_zVNKLYVkGohl" style="border-bottom: Black 2.5pt double; text-align: right" title="Available-for-sale securities, gross unrealized gain">5,348,244</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: justify; padding-bottom: 1.5pt">Mortgage loans held for investment at amortized cost: </td><td style="padding-bottom: 1.5pt"> </td> <td style="padding-bottom: 1.5pt; text-align: left"> </td><td style="padding-bottom: 1.5pt; text-align: right"> </td><td style="padding-bottom: 1.5pt; text-align: left"> </td><td style="padding-bottom: 1.5pt"> </td> <td style="padding-bottom: 1.5pt; text-align: left"> </td><td style="padding-bottom: 1.5pt; text-align: right"> </td><td style="padding-bottom: 1.5pt; text-align: left"> </td><td style="padding-bottom: 1.5pt"> </td> <td style="padding-bottom: 1.5pt; text-align: left"> </td><td style="padding-bottom: 1.5pt; text-align: right"> </td><td style="padding-bottom: 1.5pt; text-align: left"> </td><td style="padding-bottom: 1.5pt"> </td> <td style="padding-bottom: 1.5pt; text-align: left"> </td><td style="padding-bottom: 1.5pt; text-align: right"> </td><td style="padding-bottom: 1.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: justify; padding-bottom: 1.5pt">Residential construction</td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left">$</td><td id="xdx_988_eus-gaap--NotesReceivableGross_iI_c20221231__us-gaap--FinancialInstrumentAxis__custom--RestrictedAssetsMember__us-gaap--FairValueByAssetClassAxis__custom--ResidentialConstructionMember_zzPOrsj2T0U8" style="border-bottom: Black 1pt solid; text-align: right" title="Mortgage loans on real estate and construction">1,731,469</td><td style="padding-bottom: 1.5pt; text-align: left"> </td><td style="padding-bottom: 1.5pt"> </td> <td style="padding-bottom: 1.5pt; text-align: left"> </td><td style="padding-bottom: 1.5pt; text-align: right"> </td><td style="padding-bottom: 1.5pt; text-align: left"> </td><td style="padding-bottom: 1.5pt"> </td> <td style="padding-bottom: 1.5pt; text-align: left"> </td><td style="padding-bottom: 1.5pt; text-align: right"> </td><td style="padding-bottom: 1.5pt; text-align: left"> </td><td style="padding-bottom: 1.5pt"> </td> <td style="padding-bottom: 1.5pt; text-align: left"> </td><td style="padding-bottom: 1.5pt; text-align: right"> </td><td style="padding-bottom: 1.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 2.5pt">Cash and cash equivalents (1)</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98F_eus-gaap--CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents_iI_c20221231__us-gaap--FinancialInstrumentAxis__custom--RestrictedAssetsMember_fKDEp_z5ClGmDKCoJe" style="border-bottom: Black 2.5pt double; text-align: right" title="Cash and cash equivalents">10,638,034</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt; text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt; text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt; text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: justify; padding-bottom: 2.5pt">Total restricted assets</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98C_eus-gaap--RestrictedInvestments_iI_c20221231__us-gaap--FinancialInstrumentAxis__custom--RestrictedAssetsMember_zMpfGgkAFpz5" style="border-bottom: Black 2.5pt double; text-align: right" title="Total restricted assets">18,935,055</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt; text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt; text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt; text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> <div style="width: 20%"><div style="border-top: Black 1.5pt solid; font-size: 1pt"> </div></div> <table border="0" cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"> <tr style="vertical-align: top"> <td style="text-align: left; width: 0.25in">(1)</td> <td style="text-align: left">Including cash and cash equivalents of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNjaGVkdWxlIG9mIFJlc3RyaWN0ZWQgQXNzZXRzIGluIENlbWV0ZXJ5IGFuZCBNb3J0dWFyeSBFbmRvd21lbnQgQ2FyZSBhbmQgUHJlIG5lZWQgTWVyY2hhbmRpc2UgRnVuZHMgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_904_eus-gaap--CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents_iI_pp0p0_c20221231__us-gaap--FinancialInstrumentAxis__custom--RestrictedAssetsMember__us-gaap--FairValueByAssetClassAxis__custom--SecurityNationalLifeInsuranceMember_zu7LDNdReDp4" title="Cash, cash equivalents, restricted cash and restricted cash equivalents at end of year">8,527,620 for the life insurance and mortgage segments.</td></tr> </table> Fixed Maturity Securities <p id="xdx_89E_ecustom--ScheduleOfFairValueOfFixedMaturitySecuritiesTableTextBlock_hus-gaap--InvestmentTypeAxis__custom--RestrictedAssetsMember_zORx2z8dAYq6" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The following tables summarize unrealized losses on fixed maturities securities that were carried at estimated fair value at March 31, 2023 and at December 31, 2022. The unrealized losses were primarily related to interest rate fluctuations and inflation. The tables set forth unrealized losses by duration with the fair value of the related fixed maturity securities: Schedule of Fair Value of Fixed Maturity Securities <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: bottom"> <td> </td><td style="padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Unrealized Losses for Less than Twelve Months</td><td style="padding-bottom: 1.5pt"> </td><td style="padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Fair Value</td><td style="padding-bottom: 1.5pt"> </td><td style="padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Unrealized Losses for More than Twelve Months</td><td style="padding-bottom: 1.5pt"> </td><td style="padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Fair Value</td><td style="padding-bottom: 1.5pt"> </td><td style="padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Total Unrealized Loss</td><td style="padding-bottom: 1.5pt"> </td><td style="padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Fair Value</td><td style="padding-bottom: 1.5pt"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-decoration: underline">At March 31, 2023</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="width: 34%; text-align: left">Obligations of states and political subdivisions</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_988_eus-gaap--DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss_iI_c20230331__us-gaap--FinancialInstrumentAxis__us-gaap--USStatesAndPoliticalSubdivisionsMember__us-gaap--InvestmentTypeAxis__custom--RestrictedAssetsMember_zN8wUrrwGiTf" style="width: 7%; text-align: right" title="Available for sale securities, unrecognized holding loss">2,670</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_98F_eus-gaap--DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months_iI_c20230331__us-gaap--FinancialInstrumentAxis__us-gaap--USStatesAndPoliticalSubdivisionsMember__us-gaap--InvestmentTypeAxis__custom--RestrictedAssetsMember_zF6z4LnAELHi" style="width: 7%; text-align: right" title="Available for sale securities, fair value">338,301</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_98A_eus-gaap--DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss_iI_c20230331__us-gaap--FinancialInstrumentAxis__us-gaap--USStatesAndPoliticalSubdivisionsMember__us-gaap--InvestmentTypeAxis__custom--RestrictedAssetsMember_zo1XfOIJOghi" style="width: 7%; text-align: right" title="Available for sale securities, unrecognized holding loss">9,767</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_98A_eus-gaap--DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger_iI_c20230331__us-gaap--FinancialInstrumentAxis__us-gaap--USStatesAndPoliticalSubdivisionsMember__us-gaap--InvestmentTypeAxis__custom--RestrictedAssetsMember_zt853vzQSZp7" style="width: 7%; text-align: right" title="Available for sale securities, fair value">500,955</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_983_eus-gaap--DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLoss_iI_c20230331__us-gaap--FinancialInstrumentAxis__us-gaap--USStatesAndPoliticalSubdivisionsMember__us-gaap--InvestmentTypeAxis__custom--RestrictedAssetsMember_ziyyytbM1ozg" style="width: 7%; text-align: right" title="Available for sale securities, unrecognized holding loss">12,436</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_989_eus-gaap--DebtSecuritiesAvailableForSaleUnrealizedLossPosition_iI_c20230331__us-gaap--FinancialInstrumentAxis__us-gaap--USStatesAndPoliticalSubdivisionsMember__us-gaap--InvestmentTypeAxis__custom--RestrictedAssetsMember_zaqhaufWSdo6" style="width: 7%; text-align: right" title="Available for sale securities, fair value">839,256</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 1.5pt">Corporate securities including public utilities</td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_986_eus-gaap--DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss_iI_c20230331__us-gaap--FinancialInstrumentAxis__us-gaap--CorporateDebtSecuritiesMember__us-gaap--InvestmentTypeAxis__custom--RestrictedAssetsMember_zNygxFOU2MKa" style="border-bottom: Black 1pt solid; text-align: right" title="Available for sale securities, unrecognized holding loss">1,620</td><td style="padding-bottom: 1.5pt; text-align: left"> </td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98C_eus-gaap--DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months_iI_c20230331__us-gaap--FinancialInstrumentAxis__us-gaap--CorporateDebtSecuritiesMember__us-gaap--InvestmentTypeAxis__custom--RestrictedAssetsMember_zQn3RGtDunHa" style="border-bottom: Black 1pt solid; text-align: right" title="Available for sale securities, fair value">198,923</td><td style="padding-bottom: 1.5pt; text-align: left"> </td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_986_eus-gaap--DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss_iI_c20230331__us-gaap--FinancialInstrumentAxis__us-gaap--CorporateDebtSecuritiesMember__us-gaap--InvestmentTypeAxis__custom--RestrictedAssetsMember_zxSQo5uJEh5c" style="border-bottom: Black 1pt solid; text-align: right" title="Available for sale securities, unrecognized holding loss">-</td><td style="padding-bottom: 1.5pt; text-align: left"> </td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98C_eus-gaap--DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger_iI_c20230331__us-gaap--FinancialInstrumentAxis__us-gaap--CorporateDebtSecuritiesMember__us-gaap--InvestmentTypeAxis__custom--RestrictedAssetsMember_zxtXDndVMk88" style="border-bottom: Black 1pt solid; text-align: right" title="Available for sale securities, fair value">-</td><td style="padding-bottom: 1.5pt; text-align: left"> </td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98B_eus-gaap--DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLoss_iI_c20230331__us-gaap--FinancialInstrumentAxis__us-gaap--CorporateDebtSecuritiesMember__us-gaap--InvestmentTypeAxis__custom--RestrictedAssetsMember_zl11kxBkA7me" style="border-bottom: Black 1pt solid; text-align: right" title="Available for sale securities, unrecognized holding loss">1,620</td><td style="padding-bottom: 1.5pt; text-align: left"> </td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98E_eus-gaap--DebtSecuritiesAvailableForSaleUnrealizedLossPosition_iI_c20230331__us-gaap--FinancialInstrumentAxis__us-gaap--CorporateDebtSecuritiesMember__us-gaap--InvestmentTypeAxis__custom--RestrictedAssetsMember_zyQeyFWTqrJ7" style="border-bottom: Black 1pt solid; text-align: right" title="Available for sale securities, fair value">198,923</td><td style="padding-bottom: 1.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 2.5pt">Total unrealized losses</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98F_eus-gaap--DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss_iI_c20230331__us-gaap--InvestmentTypeAxis__custom--RestrictedAssetsMember_zIBtqZ8Qexe3" style="border-bottom: Black 2.5pt double; text-align: right" title="Available for sale securities, unrecognized holding loss">4,290</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_989_eus-gaap--DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months_iI_c20230331__us-gaap--InvestmentTypeAxis__custom--RestrictedAssetsMember_zPYyhKz4Zp8e" style="border-bottom: Black 2.5pt double; text-align: right" title="Available for sale securities, fair value">537,225</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98C_eus-gaap--DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss_iI_c20230331__us-gaap--InvestmentTypeAxis__custom--RestrictedAssetsMember_z30uS2ANi6I4" style="border-bottom: Black 2.5pt double; text-align: right" title="Available for sale securities, unrecognized holding loss">9,767</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_980_eus-gaap--DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger_iI_c20230331__us-gaap--InvestmentTypeAxis__custom--RestrictedAssetsMember_zF8XpFPcKHse" style="border-bottom: Black 2.5pt double; text-align: right" title="Available for sale securities, fair value">500,955</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98E_eus-gaap--DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLoss_iI_c20230331__us-gaap--InvestmentTypeAxis__custom--RestrictedAssetsMember_zHjItJxvWFwk" style="border-bottom: Black 2.5pt double; text-align: right" title="Available for sale securities, unrecognized holding loss">14,056</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_989_eus-gaap--DebtSecuritiesAvailableForSaleUnrealizedLossPosition_iI_c20230331__us-gaap--InvestmentTypeAxis__custom--RestrictedAssetsMember_z40JvAEmHUa5" style="border-bottom: Black 2.5pt double; text-align: right" title="Available for sale securities, fair value">1,038,179</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-decoration: underline">At December 31, 2022</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Obligations of states and political subdivisions</td><td> </td> <td style="text-align: left">$</td><td id="xdx_986_eus-gaap--DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss_iI_c20221231__us-gaap--FinancialInstrumentAxis__us-gaap--USStatesAndPoliticalSubdivisionsMember__us-gaap--InvestmentTypeAxis__custom--RestrictedAssetsMember_zGyah1oR8z3b" style="text-align: right" title="Available for sale securities, unrecognized holding loss">11,891</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td id="xdx_980_eus-gaap--DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months_iI_c20221231__us-gaap--FinancialInstrumentAxis__us-gaap--USStatesAndPoliticalSubdivisionsMember__us-gaap--InvestmentTypeAxis__custom--RestrictedAssetsMember_zGAfCEp4Ugl4" style="text-align: right" title="Available for sale securities, fair value">760,255</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td id="xdx_984_eus-gaap--DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss_iI_c20221231__us-gaap--FinancialInstrumentAxis__us-gaap--USStatesAndPoliticalSubdivisionsMember__us-gaap--InvestmentTypeAxis__custom--RestrictedAssetsMember_zce37UMfn2H6" style="text-align: right" title="Available for sale securities, unrecognized holding loss">3,469</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td id="xdx_98B_eus-gaap--DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger_iI_c20221231__us-gaap--FinancialInstrumentAxis__us-gaap--USStatesAndPoliticalSubdivisionsMember__us-gaap--InvestmentTypeAxis__custom--RestrictedAssetsMember_zqhQrKxY2Mpa" style="text-align: right" title="Available for sale securities, fair value">58,072</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td id="xdx_988_eus-gaap--DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLoss_iI_c20221231__us-gaap--FinancialInstrumentAxis__us-gaap--USStatesAndPoliticalSubdivisionsMember__us-gaap--InvestmentTypeAxis__custom--RestrictedAssetsMember_zdTb35FqWkz9" style="text-align: right" title="Available for sale securities, unrecognized holding loss">15,360</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td id="xdx_98D_eus-gaap--DebtSecuritiesAvailableForSaleUnrealizedLossPosition_iI_c20221231__us-gaap--FinancialInstrumentAxis__us-gaap--USStatesAndPoliticalSubdivisionsMember__us-gaap--InvestmentTypeAxis__custom--RestrictedAssetsMember_z8iXB0ijaS11" style="text-align: right" title="Available for sale securities, fair value">818,327</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 1.5pt">Corporate securities including public utilities</td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98E_eus-gaap--DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss_iI_c20221231__us-gaap--FinancialInstrumentAxis__us-gaap--CorporateDebtSecuritiesMember__us-gaap--InvestmentTypeAxis__custom--RestrictedAssetsMember_zwBcNqEQkVlg" style="border-bottom: Black 1pt solid; text-align: right" title="Available for sale securities, unrecognized holding loss">3,016</td><td style="padding-bottom: 1.5pt; text-align: left"> </td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_984_eus-gaap--DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months_iI_c20221231__us-gaap--FinancialInstrumentAxis__us-gaap--CorporateDebtSecuritiesMember__us-gaap--InvestmentTypeAxis__custom--RestrictedAssetsMember_zardbERXD2o5" style="border-bottom: Black 1pt solid; text-align: right" title="Available for sale securities, fair value">198,755</td><td style="padding-bottom: 1.5pt; text-align: left"> </td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_987_eus-gaap--DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss_iI_c20221231__us-gaap--FinancialInstrumentAxis__us-gaap--CorporateDebtSecuritiesMember__us-gaap--InvestmentTypeAxis__custom--RestrictedAssetsMember_zBBSr6uhc7ec" style="border-bottom: Black 1pt solid; text-align: right" title="Available for sale securities, unrecognized holding loss">-</td><td style="padding-bottom: 1.5pt; text-align: left"> </td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_980_eus-gaap--DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger_iI_c20221231__us-gaap--FinancialInstrumentAxis__us-gaap--CorporateDebtSecuritiesMember__us-gaap--InvestmentTypeAxis__custom--RestrictedAssetsMember_z3Nq7jqOPDr1" style="border-bottom: Black 1pt solid; text-align: right" title="Available for sale securities, fair value">-</td><td style="padding-bottom: 1.5pt; text-align: left"> </td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_986_eus-gaap--DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLoss_iI_c20221231__us-gaap--FinancialInstrumentAxis__us-gaap--CorporateDebtSecuritiesMember__us-gaap--InvestmentTypeAxis__custom--RestrictedAssetsMember_zExepGEq7Z77" style="border-bottom: Black 1pt solid; text-align: right" title="Available for sale securities, unrecognized holding loss">3,016</td><td style="padding-bottom: 1.5pt; text-align: left"> </td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_986_eus-gaap--DebtSecuritiesAvailableForSaleUnrealizedLossPosition_iI_c20221231__us-gaap--FinancialInstrumentAxis__us-gaap--CorporateDebtSecuritiesMember__us-gaap--InvestmentTypeAxis__custom--RestrictedAssetsMember_z5ycAC9MoEb6" style="border-bottom: Black 1pt solid; text-align: right" title="Available for sale securities, fair value">198,755</td><td style="padding-bottom: 1.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 2.5pt">Total unrealized losses</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_982_eus-gaap--DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss_iI_c20221231__us-gaap--InvestmentTypeAxis__custom--RestrictedAssetsMember_zzDMnCTpXw4c" style="border-bottom: Black 2.5pt double; text-align: right" title="Available for sale securities, unrecognized holding loss">14,907</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98E_eus-gaap--DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months_iI_c20221231__us-gaap--InvestmentTypeAxis__custom--RestrictedAssetsMember_zqXEZJftyKKl" style="border-bottom: Black 2.5pt double; text-align: right" title="Available for sale securities, fair value">959,010</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_984_eus-gaap--DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss_iI_c20221231__us-gaap--InvestmentTypeAxis__custom--RestrictedAssetsMember_zG7WDms7y6Ai" style="border-bottom: Black 2.5pt double; text-align: right" title="Available for sale securities, unrecognized holding loss">3,469</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98D_eus-gaap--DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger_iI_c20221231__us-gaap--InvestmentTypeAxis__custom--RestrictedAssetsMember_zLf3PhPfzbJ" style="border-bottom: Black 2.5pt double; text-align: right" title="Available for sale securities, fair value">58,072</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98D_eus-gaap--DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLoss_iI_c20221231__us-gaap--InvestmentTypeAxis__custom--RestrictedAssetsMember_zK8Lk3yxpa13" style="border-bottom: Black 2.5pt double; text-align: right" title="Available for sale securities, unrecognized holding loss">18,376</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_988_eus-gaap--DebtSecuritiesAvailableForSaleUnrealizedLossPosition_iI_c20221231__us-gaap--InvestmentTypeAxis__custom--RestrictedAssetsMember_zboL9J1UYdC7" style="border-bottom: Black 2.5pt double; text-align: right" title="Available for sale securities, fair value">1,017,082</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> There were 17 securities with fair value of <span id="xdx_904_ecustom--AverageMarketValueOverAmortizedCost_iI_pid_dp_uPure_c20230331__us-gaap--InvestmentTypeAxis__custom--SeventeenSecuritiesMember_zosk77cwDWHa" title="Average market value over amortized cost">98.7% of aggregate amortized cost at March 31, 2023. There were 17 securities with fair value of <span id="xdx_90B_ecustom--AverageMarketValueOverAmortizedCost_iI_pid_dp_uPure_c20221231__us-gaap--InvestmentTypeAxis__custom--SeventeenSecuritiesMember_zGySDPkF4tlb" title="Average market value over amortized cost">98.2% of aggregate amortized cost at December 31, 2022. <span id="xdx_90C_eus-gaap--OtherThanTemporaryImpairmentLossDebtSecuritiesAvailableForSale_do_c20230101__20230331__us-gaap--InvestmentTypeAxis__custom--RestrictedAssetsMember_z1xGHG70oF7" title="Credit loss recognized"><span id="xdx_900_eus-gaap--OtherThanTemporaryImpairmentLossDebtSecuritiesAvailableForSale_do_c20220101__20220331__us-gaap--InvestmentTypeAxis__custom--RestrictedAssetsMember_zQGcYfo7SOY2" title="Credit loss recognized">No credit losses have been recognized for the three month periods ended March 31, 2023 and 2022, since the increase in unrealized losses is primarily a result of the recent rise in interest rates and inflation. SECURITY NATIONAL FINANCIAL CORPORATION AND SUBSIDIARIES Notes to Condensed Consolidated Financial Statements March 31, 2023 (Unaudited) 15) Cemetery Perpetual Care Trust Investments and Obligation and Restricted Assets (Continued) <p id="xdx_89A_eus-gaap--InvestmentsClassifiedByContractualMaturityDateTableTextBlock_hus-gaap--InvestmentTypeAxis__custom--RestrictedAssetsMember_z74cmDjWwZBc" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The following table presents the amortized cost and estimated fair value of fixed maturity securities available for sale at March 31, 2023, by contractual maturity. Expected maturities may differ from contractual maturities because certain borrowers may have the right to call or prepay obligations with or without call or prepayment penalties. Schedule of Investments Classified by Contractual Maturity Date <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 70%"> <tr style="vertical-align: bottom"> <td> </td><td> </td> <td colspan="2" style="text-align: center">Amortized</td><td> </td><td> </td> <td colspan="2" style="text-align: center">Estimated Fair</td><td> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Cost</td><td style="padding-bottom: 1.5pt"> </td><td style="padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Value</td><td style="padding-bottom: 1.5pt"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Due in 1 year</td><td> </td> <td style="text-align: left">$</td><td id="xdx_986_eus-gaap--AvailableForSaleDebtSecuritiesAmortizedCostBasis_iI_pp0p0_c20230331__us-gaap--LeaseContractualTermAxis__custom--DueInOneYearMember__us-gaap--FinancialInstrumentAxis__custom--RestrictedAssetsMember_z98q0zc1jC7j" style="text-align: right" title="Amortized cost">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td id="xdx_984_eus-gaap--AvailableForSaleSecuritiesDebtSecuritiesCurrent_iI_pp0p0_c20230331__us-gaap--LeaseContractualTermAxis__custom--DueInOneYearMember__us-gaap--FinancialInstrumentAxis__custom--RestrictedAssetsMember_zUFmenOPkfej" style="text-align: right" title="Estimated fair value">-</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="width: 60%; text-align: left">Due in 2-5 years</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td id="xdx_985_eus-gaap--AvailableForSaleDebtSecuritiesAmortizedCostBasis_iI_pp0p0_c20230331__us-gaap--LeaseContractualTermAxis__custom--DueInTwoToFiveYearsMember__us-gaap--FinancialInstrumentAxis__custom--RestrictedAssetsMember_zgo71XASThhf" style="width: 16%; text-align: right" title="Amortized cost">318,067</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td id="xdx_980_eus-gaap--AvailableForSaleSecuritiesDebtSecuritiesCurrent_iI_pp0p0_c20230331__us-gaap--LeaseContractualTermAxis__custom--DueInTwoToFiveYearsMember__us-gaap--FinancialInstrumentAxis__custom--RestrictedAssetsMember_z5gotIa9Asq4" style="width: 16%; text-align: right" title="Estimated fair value">311,893</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Due in 5-10 years</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98D_eus-gaap--AvailableForSaleDebtSecuritiesAmortizedCostBasis_iI_pp0p0_c20230331__us-gaap--LeaseContractualTermAxis__custom--DueInFiveToTenYearsMember__us-gaap--FinancialInstrumentAxis__custom--RestrictedAssetsMember_z8YYQaPQXL06" style="text-align: right" title="Amortized cost">153,284</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_986_eus-gaap--AvailableForSaleSecuritiesDebtSecuritiesCurrent_iI_pp0p0_c20230331__us-gaap--LeaseContractualTermAxis__custom--DueInFiveToTenYearsMember__us-gaap--FinancialInstrumentAxis__custom--RestrictedAssetsMember_zPib5Lo0Vxef" style="text-align: right" title="Estimated fair value">151,610</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 1.5pt">Due in more than 10 years</td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98F_eus-gaap--AvailableForSaleDebtSecuritiesAmortizedCostBasis_iI_pp0p0_c20230331__us-gaap--LeaseContractualTermAxis__custom--DueInMoreThanTenYearsMember__us-gaap--FinancialInstrumentAxis__custom--RestrictedAssetsMember_zRSto0Ly9A5k" style="border-bottom: Black 1pt solid; text-align: right" title="Amortized cost">759,334</td><td style="padding-bottom: 1.5pt; text-align: left"> </td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98A_eus-gaap--AvailableForSaleSecuritiesDebtSecuritiesCurrent_iI_pp0p0_c20230331__us-gaap--LeaseContractualTermAxis__custom--DueInMoreThanTenYearsMember__us-gaap--FinancialInstrumentAxis__custom--RestrictedAssetsMember_zNJK4ctWAV3i" style="border-bottom: Black 1pt solid; text-align: right" title="Estimated fair value">753,804</td><td style="padding-bottom: 1.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 10pt; padding-bottom: 2.5pt">Total</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_980_eus-gaap--AvailableForSaleDebtSecuritiesAmortizedCostBasis_iI_pp0p0_c20230331__us-gaap--FinancialInstrumentAxis__custom--RestrictedAssetsMember_zw1pga7j8Pb6" style="border-bottom: Black 2.5pt double; text-align: right" title="Amortized cost">1,230,685</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98D_eus-gaap--AvailableForSaleSecuritiesDebtSecuritiesCurrent_iI_pp0p0_c20230331__us-gaap--FinancialInstrumentAxis__custom--RestrictedAssetsMember_zkNYR8aZCsEd" style="border-bottom: Black 2.5pt double; text-align: right" title="Estimated fair value">1,217,307</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> See Notes 3 and 8 for additional information regarding restricted assets and cemetery perpetual care trust investments.

<p id="xdx_890_eus-gaap--ScheduleOfAvailableForSaleSecuritiesReconciliationTableTextBlock_hus-gaap--FinancialInstrumentAxis__custom--CemeteryPerpectualCareOblicationMember_zb6lmgUQ6ith" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The components of the cemetery perpetual care investments and obligation as of March 31, 2023, are as follows: Schedule of Investments <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: bottom"> <td> </td><td style="padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Amortized Cost</td><td style="padding-bottom: 1.5pt"> </td><td style="padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Gross Unrealized Gains</td><td style="padding-bottom: 1.5pt"> </td><td style="padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Gross Unrealized Losses</td><td style="padding-bottom: 1.5pt"> </td><td style="padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Allowance for Credit Losses</td><td style="padding-bottom: 1.5pt"> </td><td style="padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Estimated Fair Value</td><td style="padding-bottom: 1.5pt"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-decoration: underline; text-align: justify">March 31, 2023:</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Fixed maturity securities, available for sale, at estimated fair value:</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 10pt; width: 35%; text-align: left">U.S. Treasury securities and obligations of U.S. Government agencies</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_983_eus-gaap--AvailableForSaleDebtSecuritiesAmortizedCostBasis_iI_c20230331__us-gaap--FinancialInstrumentAxis__custom--CemeteryPerpectualCareOblicationMember__us-gaap--FairValueByAssetClassAxis__us-gaap--USTreasurySecuritiesMember_zyZ8LtGYQ7kf" style="width: 9%; text-align: right" title="Available for sale securities, amortized cost">89,004</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_98F_eus-gaap--AvailableForSaleDebtSecuritiesGrossUnrealizedGain_c20230101__20230331__us-gaap--FinancialInstrumentAxis__custom--CemeteryPerpectualCareOblicationMember__us-gaap--FairValueByAssetClassAxis__us-gaap--USTreasurySecuritiesMember_z57NpnELa8C" style="width: 9%; text-align: right" title="Available for sale securities, unrecognized holding gain">381</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_987_eus-gaap--AvailableForSaleDebtSecuritiesGrossUnrealizedLoss_iN_di_c20230101__20230331__us-gaap--FinancialInstrumentAxis__custom--CemeteryPerpectualCareOblicationMember__us-gaap--FairValueByAssetClassAxis__us-gaap--USTreasurySecuritiesMember_zuxlWFofJjq5" style="width: 9%; text-align: right" title="Available for sale securities, unrecognized holding loss">-</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_988_ecustom--AllowanceForCreditLosses_iN_di_c20230101__20230331__us-gaap--FinancialInstrumentAxis__custom--CemeteryPerpectualCareOblicationMember__us-gaap--FairValueByAssetClassAxis__us-gaap--USTreasurySecuritiesMember_zsYztpeoRSc6" style="width: 9%; text-align: right" title="Allowance for Credit Losses">-</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_986_eus-gaap--AvailableForSaleSecuritiesDebtSecuritiesCurrent_iI_c20230331__us-gaap--FinancialInstrumentAxis__custom--CemeteryPerpectualCareOblicationMember__us-gaap--FairValueByAssetClassAxis__us-gaap--USTreasurySecuritiesMember_zs6KaiGlqdV5" style="width: 9%; text-align: right" title="Available for sale securities, estimated fair value">89,384</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-left: 10pt; text-align: left; padding-bottom: 1.5pt">Obligations of states and political subdivisions</td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_987_eus-gaap--AvailableForSaleDebtSecuritiesAmortizedCostBasis_iI_c20230331__us-gaap--FinancialInstrumentAxis__custom--CemeteryPerpectualCareOblicationMember__us-gaap--FairValueByAssetClassAxis__us-gaap--USStatesAndPoliticalSubdivisionsMember_zHLvpO6HxIrj" style="border-bottom: Black 1pt solid; text-align: right" title="Available for sale securities, amortized cost">172,966</td><td style="padding-bottom: 1.5pt; text-align: left"> </td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98D_eus-gaap--AvailableForSaleDebtSecuritiesGrossUnrealizedGain_c20230101__20230331__us-gaap--FinancialInstrumentAxis__custom--CemeteryPerpectualCareOblicationMember__us-gaap--FairValueByAssetClassAxis__us-gaap--USStatesAndPoliticalSubdivisionsMember_zyWANSkq8AW" style="border-bottom: Black 1pt solid; text-align: right" title="Available for sale securities, unrecognized holding gain">-</td><td style="padding-bottom: 1.5pt; text-align: left"> </td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_985_eus-gaap--AvailableForSaleDebtSecuritiesGrossUnrealizedLoss_iN_di_c20230101__20230331__us-gaap--FinancialInstrumentAxis__custom--CemeteryPerpectualCareOblicationMember__us-gaap--FairValueByAssetClassAxis__us-gaap--USStatesAndPoliticalSubdivisionsMember_zEeAwpEHSyG9" style="border-bottom: Black 1pt solid; text-align: right" title="Available for sale securities, unrecognized holding loss">(5,928</td><td style="padding-bottom: 1.5pt; text-align: left">)</td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98E_ecustom--AllowanceForCreditLosses_iN_di_c20230101__20230331__us-gaap--FinancialInstrumentAxis__custom--CemeteryPerpectualCareOblicationMember__us-gaap--FairValueByAssetClassAxis__us-gaap--USStatesAndPoliticalSubdivisionsMember_z7ps5mxLBmZg" style="border-bottom: Black 1pt solid; text-align: right" title="Allowance for Credit Losses">-</td><td style="padding-bottom: 1.5pt; text-align: left"> </td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98F_eus-gaap--AvailableForSaleSecuritiesDebtSecuritiesCurrent_iI_c20230331__us-gaap--FinancialInstrumentAxis__custom--CemeteryPerpectualCareOblicationMember__us-gaap--FairValueByAssetClassAxis__us-gaap--USStatesAndPoliticalSubdivisionsMember_zX1T4et8LQrg" style="border-bottom: Black 1pt solid; text-align: right" title="Available for sale securities, estimated fair value">167,038</td><td style="padding-bottom: 1.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 20pt; text-align: left; padding-bottom: 2.5pt">Total fixed maturity securities available for sale</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_983_eus-gaap--AvailableForSaleDebtSecuritiesAmortizedCostBasis_iI_c20230331__us-gaap--FinancialInstrumentAxis__custom--CemeteryPerpectualCareOblicationMember_zujfQlBsNEg9" style="border-bottom: Black 2.5pt double; text-align: right" title="Available for sale securities, amortized cost">261,969</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_989_eus-gaap--AvailableForSaleDebtSecuritiesGrossUnrealizedGain_c20230101__20230331__us-gaap--FinancialInstrumentAxis__custom--CemeteryPerpectualCareOblicationMember_zOzkiY2o4WJb" style="border-bottom: Black 2.5pt double; text-align: right" title="Available for sale securities, unrecognized holding gain">381</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_984_eus-gaap--AvailableForSaleDebtSecuritiesGrossUnrealizedLoss_iN_di_c20230101__20230331__us-gaap--FinancialInstrumentAxis__custom--CemeteryPerpectualCareOblicationMember_zXUoX7KwBAdk" style="border-bottom: Black 2.5pt double; text-align: right" title="Available for sale securities, unrecognized holding loss">(5,928</td><td style="padding-bottom: 2.5pt; text-align: left">)</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98D_ecustom--AllowanceForCreditLosses_iN_di_c20230101__20230331__us-gaap--FinancialInstrumentAxis__custom--CemeteryPerpectualCareOblicationMember_zLOfI5C1oNE6" style="border-bottom: Black 2.5pt double; text-align: right" title="Allowance for Credit Losses">-</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_982_eus-gaap--AvailableForSaleSecuritiesDebtSecuritiesCurrent_iI_c20230331__us-gaap--FinancialInstrumentAxis__custom--CemeteryPerpectualCareOblicationMember_zh1DKnF6Kkul" style="border-bottom: Black 2.5pt double; text-align: right" title="Available for sale securities, estimated fair value">256,422</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Equity securities at estimated fair value:</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Common stock:</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 1.5pt">Industrial, miscellaneous and all other</td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left">$</td><td id="xdx_982_eus-gaap--EquitySecuritiesFvNiCost_iI_c20230331__us-gaap--FinancialInstrumentAxis__custom--CemeteryPerpectualCareOblicationMember__us-gaap--FairValueByAssetClassAxis__custom--IndustrialMiscellaneousAndAllOtherMember_zrn7Yx7GPvYa" style="border-bottom: Black 1pt solid; text-align: right" title="Available-for-sale securities, amortized cost basis">3,251,768</td><td style="padding-bottom: 1.5pt; text-align: left"> </td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left">$</td><td id="xdx_98B_eus-gaap--EquitySecuritiesFvNiUnrealizedGain_c20230101__20230331__us-gaap--FinancialInstrumentAxis__custom--CemeteryPerpectualCareOblicationMember__us-gaap--FairValueByAssetClassAxis__custom--IndustrialMiscellaneousAndAllOtherMember_zBJbyW9szBXj" style="border-bottom: Black 1pt solid; text-align: right" title="Available for sale securities, unrecognized holding gain">602,286</td><td style="padding-bottom: 1.5pt; text-align: left"> </td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left">$</td><td id="xdx_988_eus-gaap--EquitySecuritiesFvNiUnrealizedLoss_iN_di_c20230101__20230331__us-gaap--FinancialInstrumentAxis__custom--CemeteryPerpectualCareOblicationMember__us-gaap--FairValueByAssetClassAxis__custom--IndustrialMiscellaneousAndAllOtherMember_zFDWmC4PEv3a" style="border-bottom: Black 1pt solid; text-align: right" title="Available for sale securities, unrecognized holding loss">(162,096</td><td style="padding-bottom: 1.5pt; text-align: left">)</td><td style="padding-bottom: 1.5pt"> </td> <td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt; text-align: right"> </td><td style="padding-bottom: 1.5pt; text-align: left"> </td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left">$</td><td id="xdx_98E_eus-gaap--EquitySecuritiesFvNi_iI_c20230331__us-gaap--FinancialInstrumentAxis__custom--CemeteryPerpectualCareOblicationMember__us-gaap--FairValueByAssetClassAxis__custom--IndustrialMiscellaneousAndAllOtherMember_zvJsLw7L6OO4" style="border-bottom: Black 1pt solid; text-align: right" title="Available-for-sale securities, gross unrealized gain">3,691,958</td><td style="padding-bottom: 1.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-left: 10pt; text-align: left; padding-bottom: 2.5pt">Total equity securities at estimated fair value</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98D_eus-gaap--EquitySecuritiesFvNiCost_iI_c20230331__us-gaap--FinancialInstrumentAxis__custom--CemeteryPerpectualCareOblicationMember__us-gaap--FairValueByAssetClassAxis__custom--EquitySecuritiesOneMember_zCcsSFMHvrma" style="border-bottom: Black 2.5pt double; text-align: right" title="Available-for-sale securities, amortized cost basis">3,251,768</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_980_eus-gaap--EquitySecuritiesFvNiUnrealizedGain_c20230101__20230331__us-gaap--FinancialInstrumentAxis__custom--CemeteryPerpectualCareOblicationMember__us-gaap--FairValueByAssetClassAxis__custom--EquitySecuritiesOneMember_zaHOAozT2Wu3" style="border-bottom: Black 2.5pt double; text-align: right" title="Available for sale securities, unrecognized holding gain">602,286</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98F_eus-gaap--EquitySecuritiesFvNiUnrealizedLoss_iN_di_c20230101__20230331__us-gaap--FinancialInstrumentAxis__custom--CemeteryPerpectualCareOblicationMember__us-gaap--FairValueByAssetClassAxis__custom--EquitySecuritiesOneMember_zqqa7ND1PJuk" style="border-bottom: Black 2.5pt double; text-align: right" title="Available for sale securities, unrecognized holding loss">(162,096</td><td style="padding-bottom: 2.5pt; text-align: left">)</td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt; text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98C_eus-gaap--EquitySecuritiesFvNi_iI_c20230331__us-gaap--FinancialInstrumentAxis__custom--CemeteryPerpectualCareOblicationMember__us-gaap--FairValueByAssetClassAxis__custom--EquitySecuritiesOneMember_zh74w3kLczol" style="border-bottom: Black 2.5pt double; text-align: right" title="Available-for-sale securities, gross unrealized gain">3,691,958</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: justify">Mortgage loans held for investment at amortized cost:</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: justify">Residential construction</td><td> </td> <td style="text-align: left">$</td><td id="xdx_98E_eus-gaap--NotesReceivableGross_iI_c20230331__us-gaap--FinancialInstrumentAxis__custom--CemeteryPerpectualCareOblicationMember__us-gaap--FairValueByAssetClassAxis__custom--ResidentialConstructionMember_zvyGL4kwTmyi" style="text-align: right" title="Mortgage loans on real estate and construction">2,709,339</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: justify; padding-bottom: 1.5pt">Less: Allowance for credit losses</td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; padding-bottom: 1.5pt; text-align: left">$</td><td id="xdx_981_ecustom--AggregateEstimatedFairValueAllowanceForCreditLosse_iI_c20230331__us-gaap--FinancialInstrumentAxis__custom--CemeteryPerpectualCareOblicationMember__us-gaap--FairValueByAssetClassAxis__custom--ResidentialConstructionMember_zRLJHZpM8fi2" style="border-bottom: Black 1pt solid; padding-bottom: 1.5pt; text-align: right" title="Mortgage loans on real estate and construction">(2,196</td><td style="padding-bottom: 1.5pt; text-align: left">)</td><td style="padding-bottom: 1.5pt"> </td> <td style="padding-bottom: 1.5pt; text-align: left"> </td><td style="padding-bottom: 1.5pt; text-align: right"> </td><td style="padding-bottom: 1.5pt; text-align: left"> </td><td style="padding-bottom: 1.5pt"> </td> <td style="padding-bottom: 1.5pt; text-align: left"> </td><td style="padding-bottom: 1.5pt; text-align: right"> </td><td style="padding-bottom: 1.5pt; text-align: left"> </td><td style="padding-bottom: 1.5pt"> </td> <td style="padding-bottom: 1.5pt; text-align: left"> </td><td style="padding-bottom: 1.5pt; text-align: right"> </td><td style="padding-bottom: 1.5pt; text-align: left"> </td><td style="padding-bottom: 1.5pt"> </td> <td style="padding-bottom: 1.5pt; text-align: left"> </td><td style="padding-bottom: 1.5pt; text-align: right"> </td><td style="padding-bottom: 1.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 2.5pt">Total mortgage loans held for investment</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; padding-bottom: 2.5pt; text-align: left">$</td><td id="xdx_981_eus-gaap--MortgageLoansOnRealEstateCommercialAndConsumerNet_iI_c20230331__us-gaap--FinancialInstrumentAxis__custom--CemeteryPerpectualCareOblicationMember__us-gaap--FairValueByAssetClassAxis__custom--EquitySecuritiesOneMember_z9Ku77pkLj3h" style="border-bottom: Black 2.5pt double; padding-bottom: 2.5pt; text-align: right" title="Mortgage loans on real estate and construction">2,707,143</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt; text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt; text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt; text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt; text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: justify; padding-bottom: 2.5pt">Real estate held for investment: Residential</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; padding-bottom: 2.5pt; text-align: left">$</td><td id="xdx_98E_eus-gaap--RealEstateInvestmentPropertyNet_iI_c20230331__us-gaap--FinancialInstrumentAxis__custom--CemeteryPerpectualCareOblicationMember__us-gaap--FairValueByAssetClassAxis__us-gaap--ResidentialMortgageMember_zBYuSXXs80i1" style="border-bottom: Black 2.5pt double; padding-bottom: 2.5pt; text-align: right" title="Real estate held for investment: Residential">55,531</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt; text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt; text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt; text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt; text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 2.5pt">Cash and cash equivalents</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; padding-bottom: 2.5pt; text-align: left">$</td><td id="xdx_98A_eus-gaap--CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents_iI_c20230331__us-gaap--FinancialInstrumentAxis__custom--CemeteryPerpectualCareOblicationMember_ziWQkIabsFO3" style="border-bottom: Black 2.5pt double; padding-bottom: 2.5pt; text-align: right" title="Cash and cash equivalents">749,358</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt; text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt; text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt; text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt; text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: justify; padding-bottom: 2.5pt">Total cemetery perpetual care trust investments</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; padding-bottom: 2.5pt; text-align: left">$</td><td id="xdx_98D_ecustom--CemeteryPerpetualCareTrustInvestments_iI_c20230331__us-gaap--FinancialInstrumentAxis__custom--CemeteryPerpectualCareOblicationMember_zIYcme5wQPFi" style="border-bottom: Black 2.5pt double; padding-bottom: 2.5pt; text-align: right" title="Total cemetery perpetual care trust investments">7,460,412</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt; text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt; text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt; text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt; text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: justify; padding-bottom: 2.5pt">Cemetery perpetual care obligation</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; padding-bottom: 2.5pt; text-align: left">$</td><td id="xdx_982_ecustom--CemeteryPerpetualCareTrustObligation_iI_c20230331__us-gaap--FinancialInstrumentAxis__custom--CemeteryPerpectualCareOblicationMember_zFpUOSyGE0Da" style="border-bottom: Black 2.5pt double; padding-bottom: 2.5pt; text-align: right" title="Cemetery perpetual care obligation">(5,143,233</td><td style="padding-bottom: 2.5pt; text-align: left">)</td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt; text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt; text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt; text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt; text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: justify; padding-bottom: 2.5pt">Trust investments in excess of trust obligations</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; padding-bottom: 2.5pt; text-align: left">$</td><td id="xdx_989_ecustom--TrustInvestmentsinExcessofTrustObligations_iI_c20230331__us-gaap--FinancialInstrumentAxis__custom--CemeteryPerpectualCareOblicationMember_zY0afeSf93U3" style="border-bottom: Black 2.5pt double; padding-bottom: 2.5pt; text-align: right" title="Trust investments in excess of trust obligations">2,317,179</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt; text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt; text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt; text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt; text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> SECURITY NATIONAL FINANCIAL CORPORATION AND SUBSIDIARIES Notes to Condensed Consolidated Financial Statements March 31, 2023 (Unaudited) 15) Cemetery Perpetual Care Trust Investments and Obligation and Restricted Assets (Continued) The components of the cemetery perpetual care investments and obligation as of December 31, 2022, are as follows: <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: bottom"> <td> </td><td style="padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Amortized Cost</td><td style="padding-bottom: 1.5pt"> </td><td style="padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Gross Unrealized Gains</td><td style="padding-bottom: 1.5pt"> </td><td style="padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Gross Unrealized Losses</td><td style="padding-bottom: 1.5pt"> </td><td style="padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Estimated Fair Value</td><td style="padding-bottom: 1.5pt"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-decoration: underline; text-align: justify">December 31, 2022:</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Fixed maturity securities, available for sale, at estimated fair value:</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 10pt; width: 40%; text-align: left">U.S. Treasury securities and obligations of U.S. Government agencies</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_98C_eus-gaap--AvailableForSaleDebtSecuritiesAmortizedCostBasis_iI_c20221231__us-gaap--FinancialInstrumentAxis__custom--CemeteryPerpectualCareOblicationMember__us-gaap--FairValueByAssetClassAxis__us-gaap--USTreasurySecuritiesMember_ze8HfiUt221c" style="width: 11%; text-align: right" title="Available for sale securities, amortized cost">89,004</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_98B_eus-gaap--AvailableForSaleDebtSecuritiesGrossUnrealizedGain_c20220101__20221231__us-gaap--FinancialInstrumentAxis__custom--CemeteryPerpectualCareOblicationMember__us-gaap--FairValueByAssetClassAxis__us-gaap--USTreasurySecuritiesMember_zwCPCzfHxW6c" style="width: 11%; text-align: right" title="Available for sale securities, unrecognized holding gain">42</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_98D_eus-gaap--AvailableForSaleDebtSecuritiesGrossUnrealizedLoss_iN_di_c20220101__20221231__us-gaap--FinancialInstrumentAxis__custom--CemeteryPerpectualCareOblicationMember__us-gaap--FairValueByAssetClassAxis__us-gaap--USTreasurySecuritiesMember_zY1wybsXfq32" style="width: 11%; text-align: right" title="Available for sale securities, unrecognized holding loss">(38</td><td style="width: 1%; text-align: left">)</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_985_eus-gaap--AvailableForSaleSecuritiesDebtSecuritiesCurrent_iI_c20221231__us-gaap--FinancialInstrumentAxis__custom--CemeteryPerpectualCareOblicationMember__us-gaap--FairValueByAssetClassAxis__us-gaap--USTreasurySecuritiesMember_zL8n7o6HdXG6" style="width: 11%; text-align: right" title="Available for sale securities, estimated fair value">89,008</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-left: 10pt; text-align: left; padding-bottom: 1.5pt">Obligations of states and political subdivisions</td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_986_eus-gaap--AvailableForSaleDebtSecuritiesAmortizedCostBasis_iI_c20221231__us-gaap--FinancialInstrumentAxis__custom--CemeteryPerpectualCareOblicationMember__us-gaap--FairValueByAssetClassAxis__us-gaap--USStatesAndPoliticalSubdivisionsMember_zTmvnG4SE7ic" style="border-bottom: Black 1pt solid; text-align: right" title="Available for sale securities, amortized cost">174,201</td><td style="padding-bottom: 1.5pt; text-align: left"> </td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98A_eus-gaap--AvailableForSaleDebtSecuritiesGrossUnrealizedGain_c20220101__20221231__us-gaap--FinancialInstrumentAxis__custom--CemeteryPerpectualCareOblicationMember__us-gaap--FairValueByAssetClassAxis__us-gaap--USStatesAndPoliticalSubdivisionsMember_z8C5Fzawayhl" style="border-bottom: Black 1pt solid; text-align: right" title="Available for sale securities, unrecognized holding gain">-</td><td style="padding-bottom: 1.5pt; text-align: left"> </td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_983_eus-gaap--AvailableForSaleDebtSecuritiesGrossUnrealizedLoss_iN_di_c20220101__20221231__us-gaap--FinancialInstrumentAxis__custom--CemeteryPerpectualCareOblicationMember__us-gaap--FairValueByAssetClassAxis__us-gaap--USStatesAndPoliticalSubdivisionsMember_zhL7hJIWjU5f" style="border-bottom: Black 1pt solid; text-align: right" title="Available for sale securities, unrecognized holding loss">(8,478</td><td style="padding-bottom: 1.5pt; text-align: left">)</td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98D_eus-gaap--AvailableForSaleSecuritiesDebtSecuritiesCurrent_iI_c20221231__us-gaap--FinancialInstrumentAxis__custom--CemeteryPerpectualCareOblicationMember__us-gaap--FairValueByAssetClassAxis__us-gaap--USStatesAndPoliticalSubdivisionsMember_zlSxGX4JsTQi" style="border-bottom: Black 1pt solid; text-align: right" title="Available for sale securities, estimated fair value">165,723</td><td style="padding-bottom: 1.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 20pt; text-align: left; padding-bottom: 2.5pt">Total fixed maturity securities available for sale</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98A_eus-gaap--AvailableForSaleDebtSecuritiesAmortizedCostBasis_iI_c20221231__us-gaap--FinancialInstrumentAxis__custom--CemeteryPerpectualCareOblicationMember_z6MXXEyR2whi" style="border-bottom: Black 2.5pt double; text-align: right" title="Available for sale securities, amortized cost">263,205</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_987_eus-gaap--AvailableForSaleDebtSecuritiesGrossUnrealizedGain_c20220101__20221231__us-gaap--FinancialInstrumentAxis__custom--CemeteryPerpectualCareOblicationMember_zy46h8UqkcU1" style="border-bottom: Black 2.5pt double; text-align: right" title="Available for sale securities, unrecognized holding gain">42</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_984_eus-gaap--AvailableForSaleDebtSecuritiesGrossUnrealizedLoss_iN_di_c20220101__20221231__us-gaap--FinancialInstrumentAxis__custom--CemeteryPerpectualCareOblicationMember_z7Bhj0tcc9b8" style="border-bottom: Black 2.5pt double; text-align: right" title="Available for sale securities, unrecognized holding loss">(8,516</td><td style="padding-bottom: 2.5pt; text-align: left">)</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_984_eus-gaap--AvailableForSaleSecuritiesDebtSecuritiesCurrent_iI_c20221231__us-gaap--FinancialInstrumentAxis__custom--CemeteryPerpectualCareOblicationMember_zPQnRqGJh9Bi" style="border-bottom: Black 2.5pt double; text-align: right" title="Available for sale securities, estimated fair value">254,731</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Equity securities at estimated fair value:</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Common stock:</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 1.5pt">Industrial, miscellaneous and all other</td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left">$</td><td id="xdx_98E_eus-gaap--EquitySecuritiesFvNiCost_iI_c20221231__us-gaap--FinancialInstrumentAxis__custom--CemeteryPerpectualCareOblicationMember__us-gaap--FairValueByAssetClassAxis__custom--IndustrialMiscellaneousAndAllOtherMember_zctZa5y6pu75" style="border-bottom: Black 1pt solid; text-align: right" title="Available-for-sale securities, amortized cost basis">3,195,942</td><td style="padding-bottom: 1.5pt; text-align: left"> </td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left">$</td><td id="xdx_98A_eus-gaap--EquitySecuritiesFvNiUnrealizedGain_c20220101__20221231__us-gaap--FinancialInstrumentAxis__custom--CemeteryPerpectualCareOblicationMember__us-gaap--FairValueByAssetClassAxis__custom--IndustrialMiscellaneousAndAllOtherMember_zOJqBNoymySi" style="border-bottom: Black 1pt solid; text-align: right" title="Available for sale securities, unrecognized holding gain">584,383</td><td style="padding-bottom: 1.5pt; text-align: left"> </td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left">$</td><td id="xdx_98A_eus-gaap--EquitySecuritiesFvNiUnrealizedLoss_iN_di_c20220101__20221231__us-gaap--FinancialInstrumentAxis__custom--CemeteryPerpectualCareOblicationMember__us-gaap--FairValueByAssetClassAxis__custom--IndustrialMiscellaneousAndAllOtherMember_zb6cHkdthyDk" style="border-bottom: Black 1pt solid; text-align: right" title="Available for sale securities, unrecognized holding loss">(175,163</td><td style="padding-bottom: 1.5pt; text-align: left">)</td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left">$</td><td id="xdx_980_eus-gaap--EquitySecuritiesFvNi_iI_c20221231__us-gaap--FinancialInstrumentAxis__custom--CemeteryPerpectualCareOblicationMember__us-gaap--FairValueByAssetClassAxis__custom--IndustrialMiscellaneousAndAllOtherMember_zoETa1nxLnW4" style="border-bottom: Black 1pt solid; text-align: right" title="Available-for-sale securities, gross unrealized gain">3,605,162</td><td style="padding-bottom: 1.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-left: 10pt; text-align: left; padding-bottom: 2.5pt">Total equity securities at estimated fair value</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_985_eus-gaap--EquitySecuritiesFvNiCost_iI_c20221231__us-gaap--FinancialInstrumentAxis__custom--CemeteryPerpectualCareOblicationMember__us-gaap--FairValueByAssetClassAxis__custom--EquitySecuritiesOneMember_zO8CmmAomprb" style="border-bottom: Black 2.5pt double; text-align: right" title="Available-for-sale securities, amortized cost basis">3,195,942</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98D_eus-gaap--EquitySecuritiesFvNiUnrealizedGain_c20220101__20221231__us-gaap--FinancialInstrumentAxis__custom--CemeteryPerpectualCareOblicationMember__us-gaap--FairValueByAssetClassAxis__custom--EquitySecuritiesOneMember_zLw5vKTCBoFg" style="border-bottom: Black 2.5pt double; text-align: right" title="Available for sale securities, unrecognized holding gain">584,383</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_981_eus-gaap--EquitySecuritiesFvNiUnrealizedLoss_iN_di_c20220101__20221231__us-gaap--FinancialInstrumentAxis__custom--CemeteryPerpectualCareOblicationMember__us-gaap--FairValueByAssetClassAxis__custom--EquitySecuritiesOneMember_ztMr9l8SwOx1" style="border-bottom: Black 2.5pt double; text-align: right" title="Available for sale securities, unrecognized holding loss">(175,163</td><td style="padding-bottom: 2.5pt; text-align: left">)</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98F_eus-gaap--EquitySecuritiesFvNi_iI_c20221231__us-gaap--FinancialInstrumentAxis__custom--CemeteryPerpectualCareOblicationMember__us-gaap--FairValueByAssetClassAxis__custom--EquitySecuritiesOneMember_zmCLLozVwWm7" style="border-bottom: Black 2.5pt double; text-align: right" title="Available-for-sale securities, gross unrealized gain">3,605,162</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td>Mortgage loans held for investment at amortized cost:</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 10pt; text-align: justify; padding-bottom: 2.5pt"> Residential construction</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; padding-bottom: 2.5pt; text-align: left">$</td><td id="xdx_989_eus-gaap--NotesReceivableGross_iI_c20221231__us-gaap--FinancialInstrumentAxis__custom--CemeteryPerpectualCareOblicationMember__us-gaap--FairValueByAssetClassAxis__custom--ResidentialConstructionMember_zFr9CudMXqzc" style="border-bottom: Black 2.5pt double; padding-bottom: 2.5pt; text-align: right" title="Mortgage loans on real estate and construction">1,506,517</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt; text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt; text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt; text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 0pt; text-align: justify; padding-bottom: 2.5pt">Real estate held for investment: Residential</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; padding-bottom: 2.5pt; text-align: left">$</td><td id="xdx_984_eus-gaap--RealEstateInvestmentPropertyNet_iNI_di_c20221231__us-gaap--FinancialInstrumentAxis__custom--CemeteryPerpectualCareOblicationMember__us-gaap--FairValueByAssetClassAxis__us-gaap--ResidentialMortgageMember_zmjYpUXlyUQ3" style="border-bottom: Black 2.5pt double; padding-bottom: 2.5pt; text-align: right" title="Real estate held for investment: Residential">(16,178</td><td style="padding-bottom: 2.5pt; text-align: left">)</td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt; text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt; text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt; text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 2.5pt">Cash and cash equivalents</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; padding-bottom: 2.5pt; text-align: left">$</td><td id="xdx_981_eus-gaap--CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents_iI_c20221231__us-gaap--FinancialInstrumentAxis__custom--CemeteryPerpectualCareOblicationMember_zk70ThxZwiYg" style="border-bottom: Black 2.5pt double; padding-bottom: 2.5pt; text-align: right" title="Cash and cash equivalents">1,925,978</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt; text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt; text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt; text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: justify; padding-bottom: 2.5pt">Total cemetery perpetual care trust investments</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; padding-bottom: 2.5pt; text-align: left">$</td><td id="xdx_98C_ecustom--CemeteryPerpetualCareTrustInvestments_iI_c20221231__us-gaap--FinancialInstrumentAxis__custom--CemeteryPerpectualCareOblicationMember_zCD9Yn77pnX1" style="border-bottom: Black 2.5pt double; padding-bottom: 2.5pt; text-align: right" title="Total cemetery perpetual care trust investments">7,276,210</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt; text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt; text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt; text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: justify; padding-bottom: 2.5pt">Cemetery perpetual care obligation</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; padding-bottom: 2.5pt; text-align: left">$</td><td id="xdx_98F_ecustom--CemeteryPerpetualCareTrustObligation_iI_c20221231__us-gaap--FinancialInstrumentAxis__custom--CemeteryPerpectualCareOblicationMember_zCb4thF0Z772" style="border-bottom: Black 2.5pt double; padding-bottom: 2.5pt; text-align: right" title="Cemetery perpetual care obligation">(5,099,542</td><td style="padding-bottom: 2.5pt; text-align: left">)</td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt; text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt; text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt; text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: justify; padding-bottom: 2.5pt">Trust investments in excess of trust obligations</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; padding-bottom: 2.5pt; text-align: left">$</td><td id="xdx_983_ecustom--TrustInvestmentsinExcessofTrustObligations_iI_c20221231__us-gaap--FinancialInstrumentAxis__custom--CemeteryPerpectualCareOblicationMember_zxMDdRcqdpoj" style="border-bottom: Black 2.5pt double; padding-bottom: 2.5pt; text-align: right" title="Trust investments in excess of trust obligations">2,176,668</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt; text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt; text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt; text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table>

89004

381

89384

172966

5928

167038

261969

381

5928

256422

3251768

602286

162096

3691958

3251768

602286

162096

3691958

2709339

-2196

2707143

55531

749358

7460412 -5143233 2317179

89004

89008

174201

8478

165723

263205

8516

254731

3195942

584383

175163

3605162

3195942

584383

175163

3605162

1506517

16178

1925978

7276210 -5099542 2176668 <p id="xdx_896_ecustom--ScheduleOfFairValueOfFixedMaturitySecuritiesTableTextBlock_hus-gaap--FinancialInstrumentAxis__custom--CemeteryPerpectualCareOblicationMember_z54KjLzxclR1" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The following tables summarize unrealized losses on fixed maturities securities that were carried at estimated fair value at March 31, 2023 and at December 31, 2022. The unrealized losses were primarily related to interest rate fluctuations and inflation. The tables set forth unrealized losses by duration with the fair value of the related fixed maturity securities: Schedule of Fair Value of Fixed Maturity Securities <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: bottom"> <td> </td><td style="padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Unrealized Losses for Less than Twelve Months</td><td style="padding-bottom: 1.5pt"> </td><td style="padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Fair Value</td><td style="padding-bottom: 1.5pt"> </td><td style="padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Unrealized Losses for More than Twelve Months</td><td style="padding-bottom: 1.5pt"> </td><td style="padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Fair Value</td><td style="padding-bottom: 1.5pt"> </td><td style="padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Total Unrealized Loss</td><td style="padding-bottom: 1.5pt"> </td><td style="padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Fair Value</td><td style="padding-bottom: 1.5pt"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-decoration: underline">At March 31, 2023</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="width: 40%; text-align: left; padding-bottom: 1.5pt">Obligations of states and political subdivisions</td><td style="width: 2%; padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; width: 1%; text-align: left">$</td><td id="xdx_98D_eus-gaap--DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss_iI_c20230331__us-gaap--FinancialInstrumentAxis__custom--CemeteryPerpectualCareOblicationMember__us-gaap--FairValueByAssetClassAxis__us-gaap--USStatesAndPoliticalSubdivisionsMember_zG3jLJLVKSX1" style="border-bottom: Black 1pt solid; width: 6%; text-align: right" title="Available for sale securities, unrecognized holding loss">435</td><td style="width: 1%; padding-bottom: 1.5pt; text-align: left"> </td><td style="width: 2%; padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; width: 1%; text-align: left">$</td><td id="xdx_987_eus-gaap--DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months_iI_c20230331__us-gaap--FinancialInstrumentAxis__custom--CemeteryPerpectualCareOblicationMember__us-gaap--FairValueByAssetClassAxis__us-gaap--USStatesAndPoliticalSubdivisionsMember_zC3MgrbdHBgl" style="border-bottom: Black 1pt solid; width: 6%; text-align: right" title="Available for sale securities, fair value">54,401</td><td style="width: 1%; padding-bottom: 1.5pt; text-align: left"> </td><td style="width: 2%; padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; width: 1%; text-align: left">$</td><td id="xdx_98E_eus-gaap--DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss_iI_c20230331__us-gaap--FinancialInstrumentAxis__custom--CemeteryPerpectualCareOblicationMember__us-gaap--FairValueByAssetClassAxis__us-gaap--USStatesAndPoliticalSubdivisionsMember_ztB2BCQPuWp5" style="border-bottom: Black 1pt solid; width: 6%; text-align: right" title="Available for sale securities, unrecognized holding loss">5,493</td><td style="width: 1%; padding-bottom: 1.5pt; text-align: left"> </td><td style="width: 2%; padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; width: 1%; text-align: left">$</td><td id="xdx_980_eus-gaap--DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger_iI_c20230331__us-gaap--FinancialInstrumentAxis__custom--CemeteryPerpectualCareOblicationMember__us-gaap--FairValueByAssetClassAxis__us-gaap--USStatesAndPoliticalSubdivisionsMember_zqKXnd4lpha1" style="border-bottom: Black 1pt solid; width: 6%; text-align: right" title="Available for sale securities, fair value">112,637</td><td style="width: 1%; padding-bottom: 1.5pt; text-align: left"> </td><td style="width: 2%; padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; width: 1%; text-align: left">$</td><td id="xdx_98A_eus-gaap--DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLoss_iI_c20230331__us-gaap--FinancialInstrumentAxis__custom--CemeteryPerpectualCareOblicationMember__us-gaap--FairValueByAssetClassAxis__us-gaap--USStatesAndPoliticalSubdivisionsMember_zG7HlB4p6kn2" style="border-bottom: Black 1pt solid; width: 6%; text-align: right" title="Available for sale securities, unrecognized holding loss">5,928</td><td style="width: 1%; padding-bottom: 1.5pt; text-align: left"> </td><td style="width: 2%; padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; width: 1%; text-align: left">$</td><td id="xdx_988_eus-gaap--DebtSecuritiesAvailableForSaleUnrealizedLossPosition_iI_c20230331__us-gaap--FinancialInstrumentAxis__custom--CemeteryPerpectualCareOblicationMember__us-gaap--FairValueByAssetClassAxis__us-gaap--USStatesAndPoliticalSubdivisionsMember_zzRHASJ5rOuk" style="border-bottom: Black 1pt solid; width: 6%; text-align: right" title="Available for sale securities, fair value">167,038</td><td style="width: 1%; padding-bottom: 1.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 2.5pt">Total unrealized losses</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_984_eus-gaap--DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss_iI_c20230331__us-gaap--FinancialInstrumentAxis__custom--CemeteryPerpectualCareOblicationMember_zGJzctxRqis5" style="border-bottom: Black 2.5pt double; text-align: right" title="Available for sale securities, unrecognized holding loss">435</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98A_eus-gaap--DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months_iI_c20230331__us-gaap--FinancialInstrumentAxis__custom--CemeteryPerpectualCareOblicationMember_zKLcahQbscDb" style="border-bottom: Black 2.5pt double; text-align: right" title="Available for sale securities, fair value">54,401</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_983_eus-gaap--DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss_iI_c20230331__us-gaap--FinancialInstrumentAxis__custom--CemeteryPerpectualCareOblicationMember_z5kGEyPqdzbl" style="border-bottom: Black 2.5pt double; text-align: right" title="Available for sale securities, unrecognized holding loss">5,493</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_981_eus-gaap--DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger_iI_c20230331__us-gaap--FinancialInstrumentAxis__custom--CemeteryPerpectualCareOblicationMember_zexlwXlFNFPh" style="border-bottom: Black 2.5pt double; text-align: right" title="Available for sale securities, fair value">112,637</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_983_eus-gaap--DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLoss_iI_c20230331__us-gaap--FinancialInstrumentAxis__custom--CemeteryPerpectualCareOblicationMember_zB7cGjAH1MKh" style="border-bottom: Black 2.5pt double; text-align: right" title="Available for sale securities, unrecognized holding loss">5,928</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98A_eus-gaap--DebtSecuritiesAvailableForSaleUnrealizedLossPosition_iI_c20230331__us-gaap--FinancialInstrumentAxis__custom--CemeteryPerpectualCareOblicationMember_zy4TOioL5b04" style="border-bottom: Black 2.5pt double; text-align: right" title="Available for sale securities, fair value">167,038</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-decoration: underline">At December 31, 2022</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left">U.S. Treasury securities and obligations of U.S. Government agencies</td><td> </td> <td style="text-align: left">$</td><td id="xdx_983_eus-gaap--DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss_iI_c20221231__us-gaap--FinancialInstrumentAxis__custom--CemeteryPerpectualCareOblicationMember__us-gaap--FairValueByAssetClassAxis__us-gaap--USTreasurySecuritiesMember_zmE8yh22xJE4" style="text-align: right" title="Available for sale securities, unrecognized holding loss">38</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td id="xdx_98D_eus-gaap--DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months_iI_c20221231__us-gaap--FinancialInstrumentAxis__custom--CemeteryPerpectualCareOblicationMember__us-gaap--FairValueByAssetClassAxis__us-gaap--USTreasurySecuritiesMember_z5FGNpRVgtv9" style="text-align: right" title="Available for sale securities, fair value">59,392</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td id="xdx_989_eus-gaap--DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss_iI_c20221231__us-gaap--FinancialInstrumentAxis__custom--CemeteryPerpectualCareOblicationMember__us-gaap--FairValueByAssetClassAxis__us-gaap--USTreasurySecuritiesMember_zTHac5r9SYvb" style="text-align: right" title="Available for sale securities, unrecognized holding loss">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td id="xdx_987_eus-gaap--DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger_iI_c20221231__us-gaap--FinancialInstrumentAxis__custom--CemeteryPerpectualCareOblicationMember__us-gaap--FairValueByAssetClassAxis__us-gaap--USTreasurySecuritiesMember_zTBBW5sVCUvb" style="text-align: right" title="Available for sale securities, fair value">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td id="xdx_986_eus-gaap--DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLoss_iI_c20221231__us-gaap--FinancialInstrumentAxis__custom--CemeteryPerpectualCareOblicationMember__us-gaap--FairValueByAssetClassAxis__us-gaap--USTreasurySecuritiesMember_zNvSWMr8V6p4" style="text-align: right" title="Available for sale securities, unrecognized holding loss">38</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td id="xdx_98E_eus-gaap--DebtSecuritiesAvailableForSaleUnrealizedLossPosition_iI_c20221231__us-gaap--FinancialInstrumentAxis__custom--CemeteryPerpectualCareOblicationMember__us-gaap--FairValueByAssetClassAxis__us-gaap--USTreasurySecuritiesMember_zIggMtUcGuFf" style="text-align: right" title="Available for sale securities, fair value">59,392</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 1.5pt">Obligations of states and political subdivisions</td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98E_eus-gaap--DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss_iI_c20221231__us-gaap--FinancialInstrumentAxis__custom--CemeteryPerpectualCareOblicationMember__us-gaap--FairValueByAssetClassAxis__us-gaap--USStatesAndPoliticalSubdivisionsMember_zMlyLRkCfh22" style="border-bottom: Black 1pt solid; text-align: right" title="Available for sale securities, unrecognized holding loss">1,845</td><td style="padding-bottom: 1.5pt; text-align: left"> </td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_989_eus-gaap--DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months_iI_c20221231__us-gaap--FinancialInstrumentAxis__custom--CemeteryPerpectualCareOblicationMember__us-gaap--FairValueByAssetClassAxis__us-gaap--USStatesAndPoliticalSubdivisionsMember_zjcjfGO0mIP9" style="border-bottom: Black 1pt solid; text-align: right" title="Available for sale securities, fair value">94,612</td><td style="padding-bottom: 1.5pt; text-align: left"> </td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_985_eus-gaap--DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss_iI_c20221231__us-gaap--FinancialInstrumentAxis__custom--CemeteryPerpectualCareOblicationMember__us-gaap--FairValueByAssetClassAxis__us-gaap--USStatesAndPoliticalSubdivisionsMember_zbcaZ9RRZgxi" style="border-bottom: Black 1pt solid; text-align: right" title="Available for sale securities, unrecognized holding loss">6,633</td><td style="padding-bottom: 1.5pt; text-align: left"> </td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_985_eus-gaap--DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger_iI_c20221231__us-gaap--FinancialInstrumentAxis__custom--CemeteryPerpectualCareOblicationMember__us-gaap--FairValueByAssetClassAxis__us-gaap--USStatesAndPoliticalSubdivisionsMember_zt7qEVurtB4d" style="border-bottom: Black 1pt solid; text-align: right" title="Available for sale securities, fair value">71,112</td><td style="padding-bottom: 1.5pt; text-align: left"> </td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_984_eus-gaap--DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLoss_iI_c20221231__us-gaap--FinancialInstrumentAxis__custom--CemeteryPerpectualCareOblicationMember__us-gaap--FairValueByAssetClassAxis__us-gaap--USStatesAndPoliticalSubdivisionsMember_zGfSqxlAsl65" style="border-bottom: Black 1pt solid; text-align: right" title="Available for sale securities, unrecognized holding loss">8,478</td><td style="padding-bottom: 1.5pt; text-align: left"> </td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98A_eus-gaap--DebtSecuritiesAvailableForSaleUnrealizedLossPosition_iI_c20221231__us-gaap--FinancialInstrumentAxis__custom--CemeteryPerpectualCareOblicationMember__us-gaap--FairValueByAssetClassAxis__us-gaap--USStatesAndPoliticalSubdivisionsMember_z7glRnjdvKu5" style="border-bottom: Black 1pt solid; text-align: right" title="Available for sale securities, fair value">165,724</td><td style="padding-bottom: 1.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 2.5pt">Total unrealized losses</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_982_eus-gaap--DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss_iI_c20221231__us-gaap--FinancialInstrumentAxis__custom--CemeteryPerpectualCareOblicationMember_z2qTBMBj7dde" style="border-bottom: Black 2.5pt double; text-align: right" title="Available for sale securities, unrecognized holding loss">1,883</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_989_eus-gaap--DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months_iI_c20221231__us-gaap--FinancialInstrumentAxis__custom--CemeteryPerpectualCareOblicationMember_zT7DPMa57P0h" style="border-bottom: Black 2.5pt double; text-align: right" title="Available for sale securities, fair value">154,004</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98F_eus-gaap--DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss_iI_c20221231__us-gaap--FinancialInstrumentAxis__custom--CemeteryPerpectualCareOblicationMember_zWPPhydrKrg9" style="border-bottom: Black 2.5pt double; text-align: right" title="Available for sale securities, unrecognized holding loss">6,633</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98E_eus-gaap--DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger_iI_c20221231__us-gaap--FinancialInstrumentAxis__custom--CemeteryPerpectualCareOblicationMember_z11Q7ktEEJ5j" style="border-bottom: Black 2.5pt double; text-align: right" title="Available for sale securities, fair value">71,112</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_988_eus-gaap--DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLoss_iI_c20221231__us-gaap--FinancialInstrumentAxis__custom--CemeteryPerpectualCareOblicationMember_zQKK0lQMvx39" style="border-bottom: Black 2.5pt double; text-align: right" title="Available for sale securities, unrecognized holding loss">8,516</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_980_eus-gaap--DebtSecuritiesAvailableForSaleUnrealizedLossPosition_iI_c20221231__us-gaap--FinancialInstrumentAxis__custom--CemeteryPerpectualCareOblicationMember_zVsAXME3Mnxd" style="border-bottom: Black 2.5pt double; text-align: right" title="Available for sale securities, fair value">225,116</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table>

435

54401

5493

112637

5928

167038

435

54401

5493

112637

5928

167038

59392

1845

94612

6633

71112

8478

165724

1883

154004

6633

71112

8516

225116

0.966 0.964

<p id="xdx_89C_eus-gaap--InvestmentsClassifiedByContractualMaturityDateTableTextBlock_hus-gaap--FinancialInstrumentAxis__custom--CemeteryPerpectualCareOblicationMember_zDjczZ6ahYI3" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The following table presents the amortized cost and estimated fair value of fixed maturity securities available for sale at March 31, 2023, by contractual maturity. Expected maturities may differ from contractual maturities because certain borrowers may have the right to call or prepay obligations with or without call or prepayment penalties. Schedule of Investments Classified by Contractual Maturity Date <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 70%"> <tr style="vertical-align: bottom"> <td> </td><td> </td> <td colspan="2" style="text-align: center">Amortized</td><td> </td><td> </td> <td colspan="2" style="text-align: center">Estimated Fair</td><td> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Cost</td><td style="padding-bottom: 1.5pt"> </td><td style="padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Value</td><td style="padding-bottom: 1.5pt"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 60%; text-align: left">Due in 1 year</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_981_eus-gaap--AvailableForSaleDebtSecuritiesAmortizedCostBasis_iI_pp0p0_c20230331__us-gaap--FinancialInstrumentAxis__custom--CemeteryPerpectualCareOblicationMember__us-gaap--LeaseContractualTermAxis__custom--DueInOneYearMember_zhZiN4hqOI7b" style="width: 16%; text-align: right" title="Amortized cost">89,004</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_98C_eus-gaap--AvailableForSaleSecuritiesDebtSecuritiesCurrent_iI_pp0p0_c20230331__us-gaap--FinancialInstrumentAxis__custom--CemeteryPerpectualCareOblicationMember__us-gaap--LeaseContractualTermAxis__custom--DueInOneYearMember_zwT7oO49gzc6" style="width: 16%; text-align: right" title="Estimated fair value">89,384</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Due in 2-5 years</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98A_eus-gaap--AvailableForSaleDebtSecuritiesAmortizedCostBasis_iI_pp0p0_c20230331__us-gaap--FinancialInstrumentAxis__custom--CemeteryPerpectualCareOblicationMember__us-gaap--LeaseContractualTermAxis__custom--DueInTwoToFiveYearsMember_zyRLUn9EmbNd" style="text-align: right" title="Amortized cost">76,509</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_984_eus-gaap--AvailableForSaleSecuritiesDebtSecuritiesCurrent_iI_pp0p0_c20230331__us-gaap--FinancialInstrumentAxis__custom--CemeteryPerpectualCareOblicationMember__us-gaap--LeaseContractualTermAxis__custom--DueInTwoToFiveYearsMember_zvpeosOXoaxc" style="text-align: right" title="Estimated fair value">71,788</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Due in 5-10 years</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98F_eus-gaap--AvailableForSaleDebtSecuritiesAmortizedCostBasis_iI_pp0p0_c20230331__us-gaap--FinancialInstrumentAxis__custom--CemeteryPerpectualCareOblicationMember__us-gaap--LeaseContractualTermAxis__custom--DueInFiveToTenYearsMember_zdiO9RyIORR4" style="text-align: right" title="Amortized cost">41,621</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_984_eus-gaap--AvailableForSaleSecuritiesDebtSecuritiesCurrent_iI_pp0p0_c20230331__us-gaap--FinancialInstrumentAxis__custom--CemeteryPerpectualCareOblicationMember__us-gaap--LeaseContractualTermAxis__custom--DueInFiveToTenYearsMember_z1oasvfl5Tr6" style="text-align: right" title="Estimated fair value">40,849</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 1.5pt">Due in more than 10 years</td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98A_eus-gaap--AvailableForSaleDebtSecuritiesAmortizedCostBasis_iI_pp0p0_c20230331__us-gaap--FinancialInstrumentAxis__custom--CemeteryPerpectualCareOblicationMember__us-gaap--LeaseContractualTermAxis__custom--DueInMoreThanTenYearsMember_zM4lqauut5s5" style="border-bottom: Black 1pt solid; text-align: right" title="Amortized cost">54,835</td><td style="padding-bottom: 1.5pt; text-align: left"> </td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98B_eus-gaap--AvailableForSaleSecuritiesDebtSecuritiesCurrent_iI_pp0p0_c20230331__us-gaap--FinancialInstrumentAxis__custom--CemeteryPerpectualCareOblicationMember__us-gaap--LeaseContractualTermAxis__custom--DueInMoreThanTenYearsMember_z4pkWVJd1Xb1" style="border-bottom: Black 1pt solid; text-align: right" title="Estimated fair value">54,401</td><td style="padding-bottom: 1.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 10pt; padding-bottom: 2.5pt">Total</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98F_eus-gaap--AvailableForSaleDebtSecuritiesAmortizedCostBasis_iI_pp0p0_c20230331__us-gaap--FinancialInstrumentAxis__custom--CemeteryPerpectualCareOblicationMember_zL3vFybvJfL3" style="border-bottom: Black 2.5pt double; text-align: right" title="Amortized cost">261,969</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98F_eus-gaap--AvailableForSaleSecuritiesDebtSecuritiesCurrent_iI_pp0p0_c20230331__us-gaap--FinancialInstrumentAxis__custom--CemeteryPerpectualCareOblicationMember_zwGKbcJkbTth" style="border-bottom: Black 2.5pt double; text-align: right" title="Estimated fair value">256,422</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table>

89004

89384

76509

71788

41621

40849

54835

54401

261969

256422

<p id="xdx_89F_ecustom--ScheduleOfRestrictedAssetsInCemeteryAndMortuaryEndowmentCareAndPreNeedMerchandiseFundsTextBlock_hus-gaap--InvestmentTypeAxis__custom--RestrictedAssetsMember_zGLEUDkQlC5e" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Restricted assets as of March 31, 2023, are summarized as follows: Schedule of Restricted Assets in Cemetery and Mortuary Endowment Care and Pre need Merchandise Funds <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: bottom"> <td> </td><td style="padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Amortized Cost</td><td style="padding-bottom: 1.5pt"> </td><td style="padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Gross Unrealized Gains</td><td style="padding-bottom: 1.5pt"> </td><td style="padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Gross Unrealized Losses</td><td style="padding-bottom: 1.5pt"> </td><td style="padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Allowance for Credit Losses</td><td style="padding-bottom: 1.5pt"> </td><td style="padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Estimated Fair Value</td><td style="padding-bottom: 1.5pt"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-decoration: underline; text-align: justify">March 31, 2023:</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Fixed maturity securities, available for sale, at estimated fair value:</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 10pt; width: 35%; text-align: left">Obligations of states and political subdivisions</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_982_eus-gaap--AvailableForSaleDebtSecuritiesAmortizedCostBasis_iI_c20230331__us-gaap--FairValueByAssetClassAxis__us-gaap--USStatesAndPoliticalSubdivisionsMember__us-gaap--FinancialInstrumentAxis__custom--RestrictedAssetsMember_ziPsgCTXcAOi" style="width: 9%; text-align: right" title="Available for sale securities, amortized cost">1,030,141</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_982_eus-gaap--AvailableForSaleDebtSecuritiesGrossUnrealizedGain_c20230101__20230331__us-gaap--FairValueByAssetClassAxis__us-gaap--USStatesAndPoliticalSubdivisionsMember__us-gaap--FinancialInstrumentAxis__custom--RestrictedAssetsMember_zG3esfi4toKg" style="width: 9%; text-align: right" title="Available for sale securities, unrecognized holding gain">679</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_98C_eus-gaap--AvailableForSaleDebtSecuritiesGrossUnrealizedLoss_iN_di_c20230101__20230331__us-gaap--FairValueByAssetClassAxis__us-gaap--USStatesAndPoliticalSubdivisionsMember__us-gaap--FinancialInstrumentAxis__custom--RestrictedAssetsMember_zFyQ7R54s2lg" style="width: 9%; text-align: right" title="Available for sale securities, unrecognized holding loss">(12,436</td><td style="width: 1%; text-align: left">)</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_98C_ecustom--AllowanceForCreditLosses_iN_di_c20230101__20230331__us-gaap--FairValueByAssetClassAxis__us-gaap--USStatesAndPoliticalSubdivisionsMember__us-gaap--FinancialInstrumentAxis__custom--RestrictedAssetsMember_z2BmBYI7hsEc" style="width: 9%; text-align: right" title="Allowance for Credit Losses">-</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_980_eus-gaap--AvailableForSaleSecuritiesDebtSecuritiesCurrent_iI_c20230331__us-gaap--FairValueByAssetClassAxis__us-gaap--USStatesAndPoliticalSubdivisionsMember__us-gaap--FinancialInstrumentAxis__custom--RestrictedAssetsMember_zXonQngDgJQ6" style="width: 9%; text-align: right" title="Available for sale securities, estimated fair value">1,018,384</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-left: 10pt; text-align: left; padding-bottom: 1.5pt">Corporate securities including public utilities</td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_980_eus-gaap--AvailableForSaleDebtSecuritiesAmortizedCostBasis_iI_c20230331__us-gaap--FairValueByAssetClassAxis__us-gaap--CorporateDebtSecuritiesMember__us-gaap--FinancialInstrumentAxis__custom--RestrictedAssetsMember_zaOHY76xysBc" style="border-bottom: Black 1pt solid; text-align: right" title="Available for sale securities, amortized cost">200,543</td><td style="padding-bottom: 1.5pt; text-align: left"> </td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98A_eus-gaap--AvailableForSaleDebtSecuritiesGrossUnrealizedGain_c20230101__20230331__us-gaap--FairValueByAssetClassAxis__us-gaap--CorporateDebtSecuritiesMember__us-gaap--FinancialInstrumentAxis__custom--RestrictedAssetsMember_zSahkKwYKSV6" style="border-bottom: Black 1pt solid; text-align: right" title="Available for sale securities, unrecognized holding gain">-</td><td style="padding-bottom: 1.5pt; text-align: left"> </td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98B_eus-gaap--AvailableForSaleDebtSecuritiesGrossUnrealizedLoss_iN_di_c20230101__20230331__us-gaap--FairValueByAssetClassAxis__us-gaap--CorporateDebtSecuritiesMember__us-gaap--FinancialInstrumentAxis__custom--RestrictedAssetsMember_zYhGbUU5F9Pk" style="border-bottom: Black 1pt solid; text-align: right" title="Available for sale securities, unrecognized holding loss">(1,620</td><td style="padding-bottom: 1.5pt; text-align: left">)</td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98D_ecustom--AllowanceForCreditLosses_iN_di_c20230101__20230331__us-gaap--FairValueByAssetClassAxis__us-gaap--CorporateDebtSecuritiesMember__us-gaap--FinancialInstrumentAxis__custom--RestrictedAssetsMember_zAb9k4zomic9" style="border-bottom: Black 1pt solid; text-align: right" title="Allowance for Credit Losses">-</td><td style="padding-bottom: 1.5pt; text-align: left"> </td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_983_eus-gaap--AvailableForSaleSecuritiesDebtSecuritiesCurrent_iI_c20230331__us-gaap--FairValueByAssetClassAxis__us-gaap--CorporateDebtSecuritiesMember__us-gaap--FinancialInstrumentAxis__custom--RestrictedAssetsMember_zBdRtRynnQe8" style="border-bottom: Black 1pt solid; text-align: right" title="Available for sale securities, estimated fair value">198,923</td><td style="padding-bottom: 1.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 20pt; text-align: left; padding-bottom: 2.5pt">Total fixed maturity securities available for sale</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_984_eus-gaap--AvailableForSaleDebtSecuritiesAmortizedCostBasis_iI_c20230331__us-gaap--FinancialInstrumentAxis__custom--RestrictedAssetsMember_z9Ydp86AgRm7" style="border-bottom: Black 2.5pt double; text-align: right" title="Available for sale securities, amortized cost">1,230,685</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_985_eus-gaap--AvailableForSaleDebtSecuritiesGrossUnrealizedGain_c20230101__20230331__us-gaap--FinancialInstrumentAxis__custom--RestrictedAssetsMember_zsrFEREGFWF4" style="border-bottom: Black 2.5pt double; text-align: right" title="Available for sale securities, unrecognized holding gain">679</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_985_eus-gaap--AvailableForSaleDebtSecuritiesGrossUnrealizedLoss_iN_di_c20230101__20230331__us-gaap--FinancialInstrumentAxis__custom--RestrictedAssetsMember_zG83kJpsAuOk" style="border-bottom: Black 2.5pt double; text-align: right" title="Available for sale securities, unrecognized holding loss">(14,056</td><td style="padding-bottom: 2.5pt; text-align: left">)</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98C_ecustom--AllowanceForCreditLosses_iN_di_c20230101__20230331__us-gaap--FinancialInstrumentAxis__custom--RestrictedAssetsMember_zs9CFNiAx1dl" style="border-bottom: Black 2.5pt double; text-align: right" title="Allowance for Credit Losses">-</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98C_eus-gaap--AvailableForSaleSecuritiesDebtSecuritiesCurrent_iI_c20230331__us-gaap--FinancialInstrumentAxis__custom--RestrictedAssetsMember_zXSMTWd9Vz14" style="border-bottom: Black 2.5pt double; text-align: right" title="Available for sale securities, estimated fair value">1,217,307</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Equity securities at estimated fair value:</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Common stock:</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 1.5pt">Industrial, miscellaneous and all other</td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left">$</td><td id="xdx_986_eus-gaap--EquitySecuritiesFvNiCost_iI_c20230331__us-gaap--FairValueByAssetClassAxis__custom--IndustrialMiscellaneousAndAllOtherMember__us-gaap--FinancialInstrumentAxis__custom--RestrictedAssetsMember_zD05MWTnQ6Qf" style="border-bottom: Black 1pt solid; text-align: right" title="Available-for-sale securities, amortized cost basis">5,241,033</td><td style="padding-bottom: 1.5pt; text-align: left"> </td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left">$</td><td id="xdx_982_eus-gaap--EquitySecuritiesFvNiUnrealizedGain_c20230101__20230331__us-gaap--FairValueByAssetClassAxis__custom--IndustrialMiscellaneousAndAllOtherMember__us-gaap--FinancialInstrumentAxis__custom--RestrictedAssetsMember_z0Mmt9k2jYZb" style="border-bottom: Black 1pt solid; text-align: right" title="Available for sale securities, unrecognized holding gain">692,339</td><td style="padding-bottom: 1.5pt; text-align: left"> </td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left">$</td><td id="xdx_987_eus-gaap--EquitySecuritiesFvNiUnrealizedLoss_iN_di_c20230101__20230331__us-gaap--FairValueByAssetClassAxis__custom--IndustrialMiscellaneousAndAllOtherMember__us-gaap--FinancialInstrumentAxis__custom--RestrictedAssetsMember_zrxjkrTwz2zk" style="border-bottom: Black 1pt solid; text-align: right" title="Available for sale securities, unrecognized holding loss">(272,945</td><td style="padding-bottom: 1.5pt; text-align: left">)</td><td style="padding-bottom: 1.5pt"> </td> <td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt; text-align: right"> </td><td style="padding-bottom: 1.5pt; text-align: left"> </td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left">$</td><td id="xdx_983_eus-gaap--EquitySecuritiesFvNi_iI_c20230331__us-gaap--FairValueByAssetClassAxis__custom--IndustrialMiscellaneousAndAllOtherMember__us-gaap--FinancialInstrumentAxis__custom--RestrictedAssetsMember_zRbFjptLYJpc" style="border-bottom: Black 1pt solid; text-align: right" title="Available-for-sale securities, gross unrealized gain">5,660,427</td><td style="padding-bottom: 1.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-left: 10pt; text-align: left; padding-bottom: 2.5pt">Total equity securities at estimated fair value</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98E_eus-gaap--EquitySecuritiesFvNiCost_iI_c20230331__us-gaap--FinancialInstrumentAxis__custom--RestrictedAssetsMember__us-gaap--FairValueByAssetClassAxis__custom--EquitySecuritiesOneMember_zUO1ewJEkLig" style="border-bottom: Black 2.5pt double; text-align: right" title="Available-for-sale securities, amortized cost basis">5,241,033</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_984_eus-gaap--EquitySecuritiesFvNiUnrealizedGain_c20230101__20230331__us-gaap--FairValueByAssetClassAxis__custom--EquitySecuritiesOneMember__us-gaap--FinancialInstrumentAxis__custom--RestrictedAssetsMember_zzvsSh3steI6" style="border-bottom: Black 2.5pt double; text-align: right" title="Available for sale securities, unrecognized holding gain">692,339</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_981_eus-gaap--EquitySecuritiesFvNiUnrealizedLoss_iN_di_c20230101__20230331__us-gaap--FairValueByAssetClassAxis__custom--EquitySecuritiesOneMember__us-gaap--FinancialInstrumentAxis__custom--RestrictedAssetsMember_z4JTIm3mcb42" style="border-bottom: Black 2.5pt double; text-align: right" title="Available for sale securities, unrecognized holding loss">(272,945</td><td style="padding-bottom: 2.5pt; text-align: left">)</td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt; text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_989_eus-gaap--EquitySecuritiesFvNi_iI_c20230331__us-gaap--FairValueByAssetClassAxis__custom--EquitySecuritiesOneMember__us-gaap--FinancialInstrumentAxis__custom--RestrictedAssetsMember_zGYTGSSuszpc" style="border-bottom: Black 2.5pt double; text-align: right" title="Available-for-sale securities, gross unrealized gain">5,660,427</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: justify">Mortgage loans held for investment at amortized cost:</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right" title="Mortgage loans on real estate and construction"/><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: justify">Residential construction</td><td> </td> <td style="text-align: left">$</td><td id="xdx_98B_eus-gaap--NotesReceivableGross_iI_c20230331__us-gaap--FinancialInstrumentAxis__custom--RestrictedAssetsMember__us-gaap--FairValueByAssetClassAxis__custom--ResidentialConstructionMember_zsYvqyg1Bm59" style="text-align: right" title="Mortgage loans on real estate and construction">2,936,896</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: justify; padding-bottom: 1.5pt">Less: Allowance for credit losses</td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left">$</td><td id="xdx_987_ecustom--AggregateFairValueAllowanceForCreditLosses_iI_c20230331__us-gaap--FinancialInstrumentAxis__custom--RestrictedAssetsMember__us-gaap--FairValueByAssetClassAxis__custom--ResidentialConstructionMember_z35jaomSjPqk" style="border-bottom: Black 1pt solid; text-align: right" title="Fair value allowance for credit losse">(5,874</td><td style="padding-bottom: 1.5pt; text-align: left">)</td><td style="padding-bottom: 1.5pt"> </td> <td style="padding-bottom: 1.5pt; text-align: left"> </td><td style="padding-bottom: 1.5pt; text-align: right"> </td><td style="padding-bottom: 1.5pt; text-align: left"> </td><td style="padding-bottom: 1.5pt"> </td> <td style="padding-bottom: 1.5pt; text-align: left"> </td><td style="padding-bottom: 1.5pt; text-align: right"> </td><td style="padding-bottom: 1.5pt; text-align: left"> </td><td style="padding-bottom: 1.5pt"> </td> <td style="padding-bottom: 1.5pt; text-align: left"> </td><td style="padding-bottom: 1.5pt; text-align: right"> </td><td style="padding-bottom: 1.5pt; text-align: left"> </td><td style="padding-bottom: 1.5pt"> </td> <td style="padding-bottom: 1.5pt; text-align: left"> </td><td style="padding-bottom: 1.5pt; text-align: right"> </td><td style="padding-bottom: 1.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 2.5pt">Total mortgage loans held for investment</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_989_eus-gaap--MortgageLoansOnRealEstateCommercialAndConsumerNet_iI_c20230331__us-gaap--FinancialInstrumentAxis__custom--RestrictedAssetsMember__us-gaap--FairValueByAssetClassAxis__custom--ResidentialConstructionMember_zN8lmo9PIh9i" style="border-bottom: Black 2.5pt double; text-align: right" title="Fair value allowance for credit losse">2,931,023</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt; text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt; text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt; text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt; text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 2.5pt">Cash and cash equivalents (1)</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_986_eus-gaap--CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents_iI_c20230331__us-gaap--FinancialInstrumentAxis__custom--RestrictedAssetsMember_fKDEp_z4C3LQpkEh18" style="border-bottom: Black 2.5pt double; text-align: right" title="Cash and cash equivalents">9,228,113</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt; text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt; text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt; text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt; text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: justify; padding-bottom: 2.5pt">Total restricted assets</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98C_eus-gaap--RestrictedInvestments_iI_c20230331__us-gaap--FinancialInstrumentAxis__custom--RestrictedAssetsMember_zGrGUaGGUzT" style="border-bottom: Black 2.5pt double; text-align: right" title="Total restricted assets">19,036,870</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt; text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt; text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt; text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt; text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> <div style="width: 20%"><div style="border-top: Black 1.5pt solid; font-size: 1pt"> </div></div> <table border="0" cellpadding="0" cellspacing="0" style="width: 100%"> <tr style="vertical-align: top"> <td style="width: 0.25in">(1)</td> <td>Including cash and cash equivalents of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNjaGVkdWxlIG9mIFJlc3RyaWN0ZWQgQXNzZXRzIGluIENlbWV0ZXJ5IGFuZCBNb3J0dWFyeSBFbmRvd21lbnQgQ2FyZSBhbmQgUHJlIG5lZWQgTWVyY2hhbmRpc2UgRnVuZHMgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90E_eus-gaap--CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents_iI_pp0p0_c20230331__us-gaap--FinancialInstrumentAxis__custom--RestrictedAssetsMember__us-gaap--FairValueByAssetClassAxis__custom--SecurityNationalLifeInsuranceMember_zSDYGVsLWfnb" title="Cash, cash equivalents, restricted cash and restricted cash equivalents at end of year">8,232,615 for the life insurance and mortgage segments. </td></tr> </table> SECURITY NATIONAL FINANCIAL CORPORATION AND SUBSIDIARIES Notes to Condensed Consolidated Financial Statements March 31, 2023 (Unaudited) 15) Cemetery Perpetual Care Trust Investments and Obligation and Restricted Assets (Continued) Restricted assets as of December 31, 2022, are summarized as follows: <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: bottom"> <td> </td><td style="padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Amortized Cost</td><td style="padding-bottom: 1.5pt"> </td><td style="padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Gross Unrealized Gains</td><td style="padding-bottom: 1.5pt"> </td><td style="padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Gross Unrealized Losses</td><td style="padding-bottom: 1.5pt"> </td><td style="padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Estimated Fair Value</td><td style="padding-bottom: 1.5pt"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-decoration: underline; text-align: justify">December 31, 2022:</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Fixed maturity securities, available for sale, at estimated fair value:</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 10pt; width: 40%; text-align: left">Obligations of states and political subdivisions</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_986_eus-gaap--AvailableForSaleDebtSecuritiesAmortizedCostBasis_iI_c20221231__us-gaap--FairValueByAssetClassAxis__us-gaap--USStatesAndPoliticalSubdivisionsMember__us-gaap--FinancialInstrumentAxis__custom--RestrictedAssetsMember_zfsS7074npq2" style="width: 11%; text-align: right" title="Available for sale securities, amortized cost">1,033,047</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_983_eus-gaap--AvailableForSaleDebtSecuritiesGrossUnrealizedGain_c20220101__20221231__us-gaap--FairValueByAssetClassAxis__us-gaap--USStatesAndPoliticalSubdivisionsMember__us-gaap--FinancialInstrumentAxis__custom--RestrictedAssetsMember_zrzhvPWnqBya" style="width: 11%; text-align: right" title="Available for sale securities, unrecognized holding gain">866</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_983_eus-gaap--AvailableForSaleDebtSecuritiesGrossUnrealizedLoss_iN_di_c20220101__20221231__us-gaap--FairValueByAssetClassAxis__us-gaap--USStatesAndPoliticalSubdivisionsMember__us-gaap--FinancialInstrumentAxis__custom--RestrictedAssetsMember_z9ncnPLfmeD" style="width: 11%; text-align: right" title="Available for sale securities, unrecognized holding loss">(15,360</td><td style="width: 1%; text-align: left">)</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_986_eus-gaap--AvailableForSaleSecuritiesDebtSecuritiesCurrent_iI_c20221231__us-gaap--FairValueByAssetClassAxis__us-gaap--USStatesAndPoliticalSubdivisionsMember__us-gaap--FinancialInstrumentAxis__custom--RestrictedAssetsMember_zWk7nVhbi363" style="width: 11%; text-align: right" title="Available for sale securities, estimated fair value">1,018,553</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-left: 10pt; text-align: left; padding-bottom: 1.5pt">Corporate securities including public utilities</td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98C_eus-gaap--AvailableForSaleDebtSecuritiesAmortizedCostBasis_iI_c20221231__us-gaap--FairValueByAssetClassAxis__us-gaap--CorporateDebtSecuritiesMember__us-gaap--FinancialInstrumentAxis__custom--RestrictedAssetsMember_zOJUdb7lecig" style="border-bottom: Black 1pt solid; text-align: right" title="Available for sale securities, amortized cost">201,771</td><td style="padding-bottom: 1.5pt; text-align: left"> </td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_988_eus-gaap--AvailableForSaleDebtSecuritiesGrossUnrealizedGain_c20220101__20221231__us-gaap--FairValueByAssetClassAxis__us-gaap--CorporateDebtSecuritiesMember__us-gaap--FinancialInstrumentAxis__custom--RestrictedAssetsMember_ziWdahpRSkXj" style="border-bottom: Black 1pt solid; text-align: right" title="Available for sale securities, unrecognized holding gain">-</td><td style="padding-bottom: 1.5pt; text-align: left"> </td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_987_eus-gaap--AvailableForSaleDebtSecuritiesGrossUnrealizedLoss_iN_di_c20220101__20221231__us-gaap--FairValueByAssetClassAxis__us-gaap--CorporateDebtSecuritiesMember__us-gaap--FinancialInstrumentAxis__custom--RestrictedAssetsMember_zEF9vtnEsFFd" style="border-bottom: Black 1pt solid; text-align: right" title="Available for sale securities, unrecognized holding loss">(3,016</td><td style="padding-bottom: 1.5pt; text-align: left">)</td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_984_eus-gaap--AvailableForSaleSecuritiesDebtSecuritiesCurrent_iI_c20221231__us-gaap--FairValueByAssetClassAxis__us-gaap--CorporateDebtSecuritiesMember__us-gaap--FinancialInstrumentAxis__custom--RestrictedAssetsMember_zKF9p8FrbPXg" style="border-bottom: Black 1pt solid; text-align: right" title="Available for sale securities, estimated fair value">198,755</td><td style="padding-bottom: 1.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 20pt; text-align: left; padding-bottom: 2.5pt">Total fixed maturity securities available for sale</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_985_eus-gaap--AvailableForSaleDebtSecuritiesAmortizedCostBasis_iI_c20221231__us-gaap--FinancialInstrumentAxis__custom--RestrictedAssetsMember_zbeB4bNCkd45" style="border-bottom: Black 2.5pt double; text-align: right" title="Available for sale securities, amortized cost">1,234,818</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98A_eus-gaap--AvailableForSaleDebtSecuritiesGrossUnrealizedGain_c20220101__20221231__us-gaap--FinancialInstrumentAxis__custom--RestrictedAssetsMember_z7TWHm1coxIh" style="border-bottom: Black 2.5pt double; text-align: right" title="Available for sale securities, unrecognized holding gain">866</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98E_eus-gaap--AvailableForSaleDebtSecuritiesGrossUnrealizedLoss_iN_di_c20220101__20221231__us-gaap--FinancialInstrumentAxis__custom--RestrictedAssetsMember_zHUuk8RGrqf" style="border-bottom: Black 2.5pt double; text-align: right" title="Available for sale securities, unrecognized holding loss">(18,376</td><td style="padding-bottom: 2.5pt; text-align: left">)</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98C_eus-gaap--AvailableForSaleSecuritiesDebtSecuritiesCurrent_iI_c20221231__us-gaap--FinancialInstrumentAxis__custom--RestrictedAssetsMember_z25KMYDitDn9" style="border-bottom: Black 2.5pt double; text-align: right" title="Available for sale securities, estimated fair value">1,217,308</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Equity securities at estimated fair value:</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Common stock:</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 1.5pt">Industrial, miscellaneous and all other</td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left">$</td><td id="xdx_98B_eus-gaap--EquitySecuritiesFvNiCost_iI_c20221231__us-gaap--FairValueByAssetClassAxis__custom--IndustrialMiscellaneousAndAllOtherMember__us-gaap--FinancialInstrumentAxis__custom--RestrictedAssetsMember_zXjmHpj8I7h4" style="border-bottom: Black 1pt solid; text-align: right" title="Available-for-sale securities, amortized cost basis">4,955,360</td><td style="padding-bottom: 1.5pt; text-align: left"> </td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left">$</td><td id="xdx_98A_eus-gaap--EquitySecuritiesFvNiUnrealizedGain_c20220101__20221231__us-gaap--FairValueByAssetClassAxis__custom--IndustrialMiscellaneousAndAllOtherMember__us-gaap--FinancialInstrumentAxis__custom--RestrictedAssetsMember_zMeenF8j6jQa" style="border-bottom: Black 1pt solid; text-align: right" title="Available for sale securities, unrecognized holding gain">703,049</td><td style="padding-bottom: 1.5pt; text-align: left"> </td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left">$</td><td id="xdx_98B_eus-gaap--EquitySecuritiesFvNiUnrealizedLoss_iN_di_c20220101__20221231__us-gaap--FairValueByAssetClassAxis__custom--IndustrialMiscellaneousAndAllOtherMember__us-gaap--FinancialInstrumentAxis__custom--RestrictedAssetsMember_z5E5CAdVRPfb" style="border-bottom: Black 1pt solid; text-align: right" title="Available for sale securities, unrecognized holding loss">(310,165</td><td style="padding-bottom: 1.5pt; text-align: left">)</td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left">$</td><td id="xdx_98F_eus-gaap--EquitySecuritiesFvNi_iI_c20221231__us-gaap--FairValueByAssetClassAxis__custom--IndustrialMiscellaneousAndAllOtherMember__us-gaap--FinancialInstrumentAxis__custom--RestrictedAssetsMember_z0xpuweIi1Ye" style="border-bottom: Black 1pt solid; text-align: right" title="Available-for-sale securities, gross unrealized gain">5,348,244</td><td style="padding-bottom: 1.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-left: 10pt; text-align: left; padding-bottom: 2.5pt">Total equity securities at estimated fair value</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_987_eus-gaap--EquitySecuritiesFvNiCost_iI_c20221231__us-gaap--FinancialInstrumentAxis__custom--RestrictedAssetsMember__us-gaap--FairValueByAssetClassAxis__custom--EquitySecuritiesOneMember_zxaI1xwLOQjb" style="border-bottom: Black 2.5pt double; text-align: right" title="Available-for-sale securities, amortized cost basis">4,955,360</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_982_eus-gaap--EquitySecuritiesFvNiUnrealizedGain_c20220101__20221231__us-gaap--FairValueByAssetClassAxis__custom--EquitySecuritiesOneMember__us-gaap--FinancialInstrumentAxis__custom--RestrictedAssetsMember_zklMkqprRGA8" style="border-bottom: Black 2.5pt double; text-align: right" title="Available for sale securities, unrecognized holding gain">703,049</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_982_eus-gaap--EquitySecuritiesFvNiUnrealizedLoss_iN_di_c20220101__20221231__us-gaap--FairValueByAssetClassAxis__custom--EquitySecuritiesOneMember__us-gaap--FinancialInstrumentAxis__custom--RestrictedAssetsMember_zWyldbfr2PBc" style="border-bottom: Black 2.5pt double; text-align: right" title="Available for sale securities, unrecognized holding loss">(310,165</td><td style="padding-bottom: 2.5pt; text-align: left">)</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_983_eus-gaap--EquitySecuritiesFvNi_iI_c20221231__us-gaap--FairValueByAssetClassAxis__custom--EquitySecuritiesOneMember__us-gaap--FinancialInstrumentAxis__custom--RestrictedAssetsMember_zVNKLYVkGohl" style="border-bottom: Black 2.5pt double; text-align: right" title="Available-for-sale securities, gross unrealized gain">5,348,244</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: justify; padding-bottom: 1.5pt">Mortgage loans held for investment at amortized cost: </td><td style="padding-bottom: 1.5pt"> </td> <td style="padding-bottom: 1.5pt; text-align: left"> </td><td style="padding-bottom: 1.5pt; text-align: right"> </td><td style="padding-bottom: 1.5pt; text-align: left"> </td><td style="padding-bottom: 1.5pt"> </td> <td style="padding-bottom: 1.5pt; text-align: left"> </td><td style="padding-bottom: 1.5pt; text-align: right"> </td><td style="padding-bottom: 1.5pt; text-align: left"> </td><td style="padding-bottom: 1.5pt"> </td> <td style="padding-bottom: 1.5pt; text-align: left"> </td><td style="padding-bottom: 1.5pt; text-align: right"> </td><td style="padding-bottom: 1.5pt; text-align: left"> </td><td style="padding-bottom: 1.5pt"> </td> <td style="padding-bottom: 1.5pt; text-align: left"> </td><td style="padding-bottom: 1.5pt; text-align: right"> </td><td style="padding-bottom: 1.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: justify; padding-bottom: 1.5pt">Residential construction</td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left">$</td><td id="xdx_988_eus-gaap--NotesReceivableGross_iI_c20221231__us-gaap--FinancialInstrumentAxis__custom--RestrictedAssetsMember__us-gaap--FairValueByAssetClassAxis__custom--ResidentialConstructionMember_zzPOrsj2T0U8" style="border-bottom: Black 1pt solid; text-align: right" title="Mortgage loans on real estate and construction">1,731,469</td><td style="padding-bottom: 1.5pt; text-align: left"> </td><td style="padding-bottom: 1.5pt"> </td> <td style="padding-bottom: 1.5pt; text-align: left"> </td><td style="padding-bottom: 1.5pt; text-align: right"> </td><td style="padding-bottom: 1.5pt; text-align: left"> </td><td style="padding-bottom: 1.5pt"> </td> <td style="padding-bottom: 1.5pt; text-align: left"> </td><td style="padding-bottom: 1.5pt; text-align: right"> </td><td style="padding-bottom: 1.5pt; text-align: left"> </td><td style="padding-bottom: 1.5pt"> </td> <td style="padding-bottom: 1.5pt; text-align: left"> </td><td style="padding-bottom: 1.5pt; text-align: right"> </td><td style="padding-bottom: 1.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 2.5pt">Cash and cash equivalents (1)</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98F_eus-gaap--CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents_iI_c20221231__us-gaap--FinancialInstrumentAxis__custom--RestrictedAssetsMember_fKDEp_z5ClGmDKCoJe" style="border-bottom: Black 2.5pt double; text-align: right" title="Cash and cash equivalents">10,638,034</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt; text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt; text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt; text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: justify; padding-bottom: 2.5pt">Total restricted assets</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98C_eus-gaap--RestrictedInvestments_iI_c20221231__us-gaap--FinancialInstrumentAxis__custom--RestrictedAssetsMember_zMpfGgkAFpz5" style="border-bottom: Black 2.5pt double; text-align: right" title="Total restricted assets">18,935,055</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt; text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt; text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt; text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> <div style="width: 20%"><div style="border-top: Black 1.5pt solid; font-size: 1pt"> </div></div> <table border="0" cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"> <tr style="vertical-align: top"> <td style="text-align: left; width: 0.25in">(1)</td> <td style="text-align: left">Including cash and cash equivalents of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNjaGVkdWxlIG9mIFJlc3RyaWN0ZWQgQXNzZXRzIGluIENlbWV0ZXJ5IGFuZCBNb3J0dWFyeSBFbmRvd21lbnQgQ2FyZSBhbmQgUHJlIG5lZWQgTWVyY2hhbmRpc2UgRnVuZHMgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_904_eus-gaap--CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents_iI_pp0p0_c20221231__us-gaap--FinancialInstrumentAxis__custom--RestrictedAssetsMember__us-gaap--FairValueByAssetClassAxis__custom--SecurityNationalLifeInsuranceMember_zu7LDNdReDp4" title="Cash, cash equivalents, restricted cash and restricted cash equivalents at end of year">8,527,620 for the life insurance and mortgage segments.</td></tr> </table>

1030141

679

12436

1018384

200543

1620

198923

1230685

679

14056

1217307

5241033

692339

272945

5660427

5241033

692339

272945

5660427

2936896

-5874

2931023

9228113

19036870

8232615

1033047

866

15360

1018553

201771

3016

198755

1234818

866

18376

1217308

4955360

703049

310165

5348244

4955360

703049

310165

5348244

1731469

10638034

18935055

8527620

<p id="xdx_89E_ecustom--ScheduleOfFairValueOfFixedMaturitySecuritiesTableTextBlock_hus-gaap--InvestmentTypeAxis__custom--RestrictedAssetsMember_zORx2z8dAYq6" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The following tables summarize unrealized losses on fixed maturities securities that were carried at estimated fair value at March 31, 2023 and at December 31, 2022. The unrealized losses were primarily related to interest rate fluctuations and inflation. The tables set forth unrealized losses by duration with the fair value of the related fixed maturity securities: Schedule of Fair Value of Fixed Maturity Securities <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: bottom"> <td> </td><td style="padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Unrealized Losses for Less than Twelve Months</td><td style="padding-bottom: 1.5pt"> </td><td style="padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Fair Value</td><td style="padding-bottom: 1.5pt"> </td><td style="padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Unrealized Losses for More than Twelve Months</td><td style="padding-bottom: 1.5pt"> </td><td style="padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Fair Value</td><td style="padding-bottom: 1.5pt"> </td><td style="padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Total Unrealized Loss</td><td style="padding-bottom: 1.5pt"> </td><td style="padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Fair Value</td><td style="padding-bottom: 1.5pt"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-decoration: underline">At March 31, 2023</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="width: 34%; text-align: left">Obligations of states and political subdivisions</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_988_eus-gaap--DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss_iI_c20230331__us-gaap--FinancialInstrumentAxis__us-gaap--USStatesAndPoliticalSubdivisionsMember__us-gaap--InvestmentTypeAxis__custom--RestrictedAssetsMember_zN8wUrrwGiTf" style="width: 7%; text-align: right" title="Available for sale securities, unrecognized holding loss">2,670</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_98F_eus-gaap--DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months_iI_c20230331__us-gaap--FinancialInstrumentAxis__us-gaap--USStatesAndPoliticalSubdivisionsMember__us-gaap--InvestmentTypeAxis__custom--RestrictedAssetsMember_zF6z4LnAELHi" style="width: 7%; text-align: right" title="Available for sale securities, fair value">338,301</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_98A_eus-gaap--DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss_iI_c20230331__us-gaap--FinancialInstrumentAxis__us-gaap--USStatesAndPoliticalSubdivisionsMember__us-gaap--InvestmentTypeAxis__custom--RestrictedAssetsMember_zo1XfOIJOghi" style="width: 7%; text-align: right" title="Available for sale securities, unrecognized holding loss">9,767</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_98A_eus-gaap--DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger_iI_c20230331__us-gaap--FinancialInstrumentAxis__us-gaap--USStatesAndPoliticalSubdivisionsMember__us-gaap--InvestmentTypeAxis__custom--RestrictedAssetsMember_zt853vzQSZp7" style="width: 7%; text-align: right" title="Available for sale securities, fair value">500,955</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_983_eus-gaap--DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLoss_iI_c20230331__us-gaap--FinancialInstrumentAxis__us-gaap--USStatesAndPoliticalSubdivisionsMember__us-gaap--InvestmentTypeAxis__custom--RestrictedAssetsMember_ziyyytbM1ozg" style="width: 7%; text-align: right" title="Available for sale securities, unrecognized holding loss">12,436</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_989_eus-gaap--DebtSecuritiesAvailableForSaleUnrealizedLossPosition_iI_c20230331__us-gaap--FinancialInstrumentAxis__us-gaap--USStatesAndPoliticalSubdivisionsMember__us-gaap--InvestmentTypeAxis__custom--RestrictedAssetsMember_zaqhaufWSdo6" style="width: 7%; text-align: right" title="Available for sale securities, fair value">839,256</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 1.5pt">Corporate securities including public utilities</td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_986_eus-gaap--DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss_iI_c20230331__us-gaap--FinancialInstrumentAxis__us-gaap--CorporateDebtSecuritiesMember__us-gaap--InvestmentTypeAxis__custom--RestrictedAssetsMember_zNygxFOU2MKa" style="border-bottom: Black 1pt solid; text-align: right" title="Available for sale securities, unrecognized holding loss">1,620</td><td style="padding-bottom: 1.5pt; text-align: left"> </td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98C_eus-gaap--DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months_iI_c20230331__us-gaap--FinancialInstrumentAxis__us-gaap--CorporateDebtSecuritiesMember__us-gaap--InvestmentTypeAxis__custom--RestrictedAssetsMember_zQn3RGtDunHa" style="border-bottom: Black 1pt solid; text-align: right" title="Available for sale securities, fair value">198,923</td><td style="padding-bottom: 1.5pt; text-align: left"> </td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_986_eus-gaap--DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss_iI_c20230331__us-gaap--FinancialInstrumentAxis__us-gaap--CorporateDebtSecuritiesMember__us-gaap--InvestmentTypeAxis__custom--RestrictedAssetsMember_zxSQo5uJEh5c" style="border-bottom: Black 1pt solid; text-align: right" title="Available for sale securities, unrecognized holding loss">-</td><td style="padding-bottom: 1.5pt; text-align: left"> </td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98C_eus-gaap--DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger_iI_c20230331__us-gaap--FinancialInstrumentAxis__us-gaap--CorporateDebtSecuritiesMember__us-gaap--InvestmentTypeAxis__custom--RestrictedAssetsMember_zxtXDndVMk88" style="border-bottom: Black 1pt solid; text-align: right" title="Available for sale securities, fair value">-</td><td style="padding-bottom: 1.5pt; text-align: left"> </td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98B_eus-gaap--DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLoss_iI_c20230331__us-gaap--FinancialInstrumentAxis__us-gaap--CorporateDebtSecuritiesMember__us-gaap--InvestmentTypeAxis__custom--RestrictedAssetsMember_zl11kxBkA7me" style="border-bottom: Black 1pt solid; text-align: right" title="Available for sale securities, unrecognized holding loss">1,620</td><td style="padding-bottom: 1.5pt; text-align: left"> </td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98E_eus-gaap--DebtSecuritiesAvailableForSaleUnrealizedLossPosition_iI_c20230331__us-gaap--FinancialInstrumentAxis__us-gaap--CorporateDebtSecuritiesMember__us-gaap--InvestmentTypeAxis__custom--RestrictedAssetsMember_zyQeyFWTqrJ7" style="border-bottom: Black 1pt solid; text-align: right" title="Available for sale securities, fair value">198,923</td><td style="padding-bottom: 1.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 2.5pt">Total unrealized losses</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98F_eus-gaap--DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss_iI_c20230331__us-gaap--InvestmentTypeAxis__custom--RestrictedAssetsMember_zIBtqZ8Qexe3" style="border-bottom: Black 2.5pt double; text-align: right" title="Available for sale securities, unrecognized holding loss">4,290</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_989_eus-gaap--DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months_iI_c20230331__us-gaap--InvestmentTypeAxis__custom--RestrictedAssetsMember_zPYyhKz4Zp8e" style="border-bottom: Black 2.5pt double; text-align: right" title="Available for sale securities, fair value">537,225</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98C_eus-gaap--DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss_iI_c20230331__us-gaap--InvestmentTypeAxis__custom--RestrictedAssetsMember_z30uS2ANi6I4" style="border-bottom: Black 2.5pt double; text-align: right" title="Available for sale securities, unrecognized holding loss">9,767</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_980_eus-gaap--DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger_iI_c20230331__us-gaap--InvestmentTypeAxis__custom--RestrictedAssetsMember_zF8XpFPcKHse" style="border-bottom: Black 2.5pt double; text-align: right" title="Available for sale securities, fair value">500,955</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98E_eus-gaap--DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLoss_iI_c20230331__us-gaap--InvestmentTypeAxis__custom--RestrictedAssetsMember_zHjItJxvWFwk" style="border-bottom: Black 2.5pt double; text-align: right" title="Available for sale securities, unrecognized holding loss">14,056</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_989_eus-gaap--DebtSecuritiesAvailableForSaleUnrealizedLossPosition_iI_c20230331__us-gaap--InvestmentTypeAxis__custom--RestrictedAssetsMember_z40JvAEmHUa5" style="border-bottom: Black 2.5pt double; text-align: right" title="Available for sale securities, fair value">1,038,179</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-decoration: underline">At December 31, 2022</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Obligations of states and political subdivisions</td><td> </td> <td style="text-align: left">$</td><td id="xdx_986_eus-gaap--DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss_iI_c20221231__us-gaap--FinancialInstrumentAxis__us-gaap--USStatesAndPoliticalSubdivisionsMember__us-gaap--InvestmentTypeAxis__custom--RestrictedAssetsMember_zGyah1oR8z3b" style="text-align: right" title="Available for sale securities, unrecognized holding loss">11,891</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td id="xdx_980_eus-gaap--DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months_iI_c20221231__us-gaap--FinancialInstrumentAxis__us-gaap--USStatesAndPoliticalSubdivisionsMember__us-gaap--InvestmentTypeAxis__custom--RestrictedAssetsMember_zGAfCEp4Ugl4" style="text-align: right" title="Available for sale securities, fair value">760,255</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td id="xdx_984_eus-gaap--DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss_iI_c20221231__us-gaap--FinancialInstrumentAxis__us-gaap--USStatesAndPoliticalSubdivisionsMember__us-gaap--InvestmentTypeAxis__custom--RestrictedAssetsMember_zce37UMfn2H6" style="text-align: right" title="Available for sale securities, unrecognized holding loss">3,469</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td id="xdx_98B_eus-gaap--DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger_iI_c20221231__us-gaap--FinancialInstrumentAxis__us-gaap--USStatesAndPoliticalSubdivisionsMember__us-gaap--InvestmentTypeAxis__custom--RestrictedAssetsMember_zqhQrKxY2Mpa" style="text-align: right" title="Available for sale securities, fair value">58,072</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td id="xdx_988_eus-gaap--DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLoss_iI_c20221231__us-gaap--FinancialInstrumentAxis__us-gaap--USStatesAndPoliticalSubdivisionsMember__us-gaap--InvestmentTypeAxis__custom--RestrictedAssetsMember_zdTb35FqWkz9" style="text-align: right" title="Available for sale securities, unrecognized holding loss">15,360</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td id="xdx_98D_eus-gaap--DebtSecuritiesAvailableForSaleUnrealizedLossPosition_iI_c20221231__us-gaap--FinancialInstrumentAxis__us-gaap--USStatesAndPoliticalSubdivisionsMember__us-gaap--InvestmentTypeAxis__custom--RestrictedAssetsMember_z8iXB0ijaS11" style="text-align: right" title="Available for sale securities, fair value">818,327</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 1.5pt">Corporate securities including public utilities</td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98E_eus-gaap--DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss_iI_c20221231__us-gaap--FinancialInstrumentAxis__us-gaap--CorporateDebtSecuritiesMember__us-gaap--InvestmentTypeAxis__custom--RestrictedAssetsMember_zwBcNqEQkVlg" style="border-bottom: Black 1pt solid; text-align: right" title="Available for sale securities, unrecognized holding loss">3,016</td><td style="padding-bottom: 1.5pt; text-align: left"> </td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_984_eus-gaap--DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months_iI_c20221231__us-gaap--FinancialInstrumentAxis__us-gaap--CorporateDebtSecuritiesMember__us-gaap--InvestmentTypeAxis__custom--RestrictedAssetsMember_zardbERXD2o5" style="border-bottom: Black 1pt solid; text-align: right" title="Available for sale securities, fair value">198,755</td><td style="padding-bottom: 1.5pt; text-align: left"> </td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_987_eus-gaap--DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss_iI_c20221231__us-gaap--FinancialInstrumentAxis__us-gaap--CorporateDebtSecuritiesMember__us-gaap--InvestmentTypeAxis__custom--RestrictedAssetsMember_zBBSr6uhc7ec" style="border-bottom: Black 1pt solid; text-align: right" title="Available for sale securities, unrecognized holding loss">-</td><td style="padding-bottom: 1.5pt; text-align: left"> </td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_980_eus-gaap--DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger_iI_c20221231__us-gaap--FinancialInstrumentAxis__us-gaap--CorporateDebtSecuritiesMember__us-gaap--InvestmentTypeAxis__custom--RestrictedAssetsMember_z3Nq7jqOPDr1" style="border-bottom: Black 1pt solid; text-align: right" title="Available for sale securities, fair value">-</td><td style="padding-bottom: 1.5pt; text-align: left"> </td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_986_eus-gaap--DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLoss_iI_c20221231__us-gaap--FinancialInstrumentAxis__us-gaap--CorporateDebtSecuritiesMember__us-gaap--InvestmentTypeAxis__custom--RestrictedAssetsMember_zExepGEq7Z77" style="border-bottom: Black 1pt solid; text-align: right" title="Available for sale securities, unrecognized holding loss">3,016</td><td style="padding-bottom: 1.5pt; text-align: left"> </td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_986_eus-gaap--DebtSecuritiesAvailableForSaleUnrealizedLossPosition_iI_c20221231__us-gaap--FinancialInstrumentAxis__us-gaap--CorporateDebtSecuritiesMember__us-gaap--InvestmentTypeAxis__custom--RestrictedAssetsMember_z5ycAC9MoEb6" style="border-bottom: Black 1pt solid; text-align: right" title="Available for sale securities, fair value">198,755</td><td style="padding-bottom: 1.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 2.5pt">Total unrealized losses</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_982_eus-gaap--DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss_iI_c20221231__us-gaap--InvestmentTypeAxis__custom--RestrictedAssetsMember_zzDMnCTpXw4c" style="border-bottom: Black 2.5pt double; text-align: right" title="Available for sale securities, unrecognized holding loss">14,907</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98E_eus-gaap--DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months_iI_c20221231__us-gaap--InvestmentTypeAxis__custom--RestrictedAssetsMember_zqXEZJftyKKl" style="border-bottom: Black 2.5pt double; text-align: right" title="Available for sale securities, fair value">959,010</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_984_eus-gaap--DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss_iI_c20221231__us-gaap--InvestmentTypeAxis__custom--RestrictedAssetsMember_zG7WDms7y6Ai" style="border-bottom: Black 2.5pt double; text-align: right" title="Available for sale securities, unrecognized holding loss">3,469</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98D_eus-gaap--DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger_iI_c20221231__us-gaap--InvestmentTypeAxis__custom--RestrictedAssetsMember_zLf3PhPfzbJ" style="border-bottom: Black 2.5pt double; text-align: right" title="Available for sale securities, fair value">58,072</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98D_eus-gaap--DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLoss_iI_c20221231__us-gaap--InvestmentTypeAxis__custom--RestrictedAssetsMember_zK8Lk3yxpa13" style="border-bottom: Black 2.5pt double; text-align: right" title="Available for sale securities, unrecognized holding loss">18,376</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_988_eus-gaap--DebtSecuritiesAvailableForSaleUnrealizedLossPosition_iI_c20221231__us-gaap--InvestmentTypeAxis__custom--RestrictedAssetsMember_zboL9J1UYdC7" style="border-bottom: Black 2.5pt double; text-align: right" title="Available for sale securities, fair value">1,017,082</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table>

2670

338301

9767

500955

12436

839256

1620

198923

1620

198923

4290

537225

9767

500955

14056

1038179

11891

760255

3469

58072

15360

818327

3016

198755

3016

198755

14907

959010

3469

58072

18376

1017082

0.987 0.982

<p id="xdx_89A_eus-gaap--InvestmentsClassifiedByContractualMaturityDateTableTextBlock_hus-gaap--InvestmentTypeAxis__custom--RestrictedAssetsMember_z74cmDjWwZBc" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The following table presents the amortized cost and estimated fair value of fixed maturity securities available for sale at March 31, 2023, by contractual maturity. Expected maturities may differ from contractual maturities because certain borrowers may have the right to call or prepay obligations with or without call or prepayment penalties. Schedule of Investments Classified by Contractual Maturity Date <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 70%"> <tr style="vertical-align: bottom"> <td> </td><td> </td> <td colspan="2" style="text-align: center">Amortized</td><td> </td><td> </td> <td colspan="2" style="text-align: center">Estimated Fair</td><td> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Cost</td><td style="padding-bottom: 1.5pt"> </td><td style="padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Value</td><td style="padding-bottom: 1.5pt"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Due in 1 year</td><td> </td> <td style="text-align: left">$</td><td id="xdx_986_eus-gaap--AvailableForSaleDebtSecuritiesAmortizedCostBasis_iI_pp0p0_c20230331__us-gaap--LeaseContractualTermAxis__custom--DueInOneYearMember__us-gaap--FinancialInstrumentAxis__custom--RestrictedAssetsMember_z98q0zc1jC7j" style="text-align: right" title="Amortized cost">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td id="xdx_984_eus-gaap--AvailableForSaleSecuritiesDebtSecuritiesCurrent_iI_pp0p0_c20230331__us-gaap--LeaseContractualTermAxis__custom--DueInOneYearMember__us-gaap--FinancialInstrumentAxis__custom--RestrictedAssetsMember_zUFmenOPkfej" style="text-align: right" title="Estimated fair value">-</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="width: 60%; text-align: left">Due in 2-5 years</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td id="xdx_985_eus-gaap--AvailableForSaleDebtSecuritiesAmortizedCostBasis_iI_pp0p0_c20230331__us-gaap--LeaseContractualTermAxis__custom--DueInTwoToFiveYearsMember__us-gaap--FinancialInstrumentAxis__custom--RestrictedAssetsMember_zgo71XASThhf" style="width: 16%; text-align: right" title="Amortized cost">318,067</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td id="xdx_980_eus-gaap--AvailableForSaleSecuritiesDebtSecuritiesCurrent_iI_pp0p0_c20230331__us-gaap--LeaseContractualTermAxis__custom--DueInTwoToFiveYearsMember__us-gaap--FinancialInstrumentAxis__custom--RestrictedAssetsMember_z5gotIa9Asq4" style="width: 16%; text-align: right" title="Estimated fair value">311,893</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Due in 5-10 years</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98D_eus-gaap--AvailableForSaleDebtSecuritiesAmortizedCostBasis_iI_pp0p0_c20230331__us-gaap--LeaseContractualTermAxis__custom--DueInFiveToTenYearsMember__us-gaap--FinancialInstrumentAxis__custom--RestrictedAssetsMember_z8YYQaPQXL06" style="text-align: right" title="Amortized cost">153,284</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_986_eus-gaap--AvailableForSaleSecuritiesDebtSecuritiesCurrent_iI_pp0p0_c20230331__us-gaap--LeaseContractualTermAxis__custom--DueInFiveToTenYearsMember__us-gaap--FinancialInstrumentAxis__custom--RestrictedAssetsMember_zPib5Lo0Vxef" style="text-align: right" title="Estimated fair value">151,610</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 1.5pt">Due in more than 10 years</td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98F_eus-gaap--AvailableForSaleDebtSecuritiesAmortizedCostBasis_iI_pp0p0_c20230331__us-gaap--LeaseContractualTermAxis__custom--DueInMoreThanTenYearsMember__us-gaap--FinancialInstrumentAxis__custom--RestrictedAssetsMember_zRSto0Ly9A5k" style="border-bottom: Black 1pt solid; text-align: right" title="Amortized cost">759,334</td><td style="padding-bottom: 1.5pt; text-align: left"> </td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98A_eus-gaap--AvailableForSaleSecuritiesDebtSecuritiesCurrent_iI_pp0p0_c20230331__us-gaap--LeaseContractualTermAxis__custom--DueInMoreThanTenYearsMember__us-gaap--FinancialInstrumentAxis__custom--RestrictedAssetsMember_zNJK4ctWAV3i" style="border-bottom: Black 1pt solid; text-align: right" title="Estimated fair value">753,804</td><td style="padding-bottom: 1.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 10pt; padding-bottom: 2.5pt">Total</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_980_eus-gaap--AvailableForSaleDebtSecuritiesAmortizedCostBasis_iI_pp0p0_c20230331__us-gaap--FinancialInstrumentAxis__custom--RestrictedAssetsMember_zw1pga7j8Pb6" style="border-bottom: Black 2.5pt double; text-align: right" title="Amortized cost">1,230,685</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98D_eus-gaap--AvailableForSaleSecuritiesDebtSecuritiesCurrent_iI_pp0p0_c20230331__us-gaap--FinancialInstrumentAxis__custom--RestrictedAssetsMember_zkNYR8aZCsEd" style="border-bottom: Black 2.5pt double; text-align: right" title="Estimated fair value">1,217,307</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table>

318067

311893

153284

151610

759334

753804

1230685

1217307

16) Accumulated Other Comprehensive Income (loss) The following summarizes the changes in accumulated other comprehensive income (loss): Schedule of Changes in Accumulated Other Comprehensive Income <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 90%"> <tr style="display: none; vertical-align: bottom"> <td> </td><td style="padding-bottom: 1.5pt"> </td> <td colspan="2" id="xdx_497_20230101__20230331_zZC5WNxDqiX8" style="border-bottom: Black 1pt solid; text-align: center">2023</td><td style="padding-bottom: 1.5pt"> </td><td style="padding-bottom: 1.5pt"> </td> <td colspan="2" id="xdx_499_20220101__20220331_zVRK1fuTEzBg" style="border-bottom: Black 1pt solid; text-align: center">2022</td><td style="padding-bottom: 1.5pt"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="padding-bottom: 1.5pt"> </td> <td colspan="6" style="border-bottom: Black 1pt solid; text-align: center">Three Months Ended March 31</td><td style="padding-bottom: 1.5pt"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">2023</td><td style="padding-bottom: 1.5pt"> </td><td style="padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">2022</td><td style="padding-bottom: 1.5pt"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td> </td> <td colspan="2"> </td><td> </td><td> </td> <td colspan="2"> </td><td> </td></tr> <tr id="xdx_408_eus-gaap--OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax_zK5QDxv6i2xa" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 64%; text-align: left">Unrealized gains (losses) on fixed maturity securities available for sale</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 14%; text-align: right">5,436,929</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 14%; text-align: right">(15,372,096</td><td style="width: 1%; text-align: left">)</td></tr> <tr id="xdx_40D_eus-gaap--OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax_zvcZf3EJ05qh" style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 1.5pt">Amounts reclassified into net earnings</td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">(218,900</td><td style="padding-bottom: 1.5pt; text-align: left">)</td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">45,193</td><td style="padding-bottom: 1.5pt; text-align: left"> </td></tr> <tr id="xdx_40A_eus-gaap--OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeTax_zVDbAJMMoJgj" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: justify">Net unrealized gains (losses) before taxes</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">5,218,029</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(15,326,903</td><td style="text-align: left">)</td></tr> <tr id="xdx_400_eus-gaap--OtherComprehensiveIncomeAvailableforsaleSecuritiesTaxPortionAttributableToParent_zig9HsBJxXOj" style="vertical-align: bottom; background-color: White"> <td style="text-align: justify; padding-bottom: 1.5pt">Tax (expense) benefit</td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">(1,095,787</td><td style="padding-bottom: 1.5pt; text-align: left">)</td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">3,218,648</td><td style="padding-bottom: 1.5pt; text-align: left"> </td></tr> <tr id="xdx_401_eus-gaap--OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent_zTbZyUpk4yVa" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 10pt; padding-bottom: 1.5pt">Net</td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">4,122,242</td><td style="padding-bottom: 1.5pt; text-align: left"> </td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">(12,108,255</td><td style="padding-bottom: 1.5pt; text-align: left">)</td></tr> <tr id="xdx_40E_eus-gaap--OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeTax_hus-gaap--FinancialInstrumentAxis__custom--RestrictedAssetsMember_zHPrZ8D2GbB1" style="vertical-align: bottom; background-color: White"> <td style="text-align: justify">Unrealized gains (losses) on restricted assets (1)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">4,133</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(71,946</td><td style="text-align: left">)</td></tr> <tr id="xdx_40A_eus-gaap--OtherComprehensiveIncomeAvailableforsaleSecuritiesTaxPortionAttributableToParent_hus-gaap--FinancialInstrumentAxis__custom--RestrictedAssetsMember_zEko4afOaB01" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: justify; padding-bottom: 1.5pt">Tax (expense) benefit</td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">(1,029</td><td style="padding-bottom: 1.5pt; text-align: left">)</td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">17,922</td><td style="padding-bottom: 1.5pt; text-align: left"> </td></tr> <tr id="xdx_408_eus-gaap--OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent_hus-gaap--FinancialInstrumentAxis__custom--RestrictedAssetsMember_z9sCWzeR6y5j" style="vertical-align: bottom; background-color: White"> <td style="padding-left: 10pt; padding-bottom: 1.5pt">Net</td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">3,104</td><td style="padding-bottom: 1.5pt; text-align: left"> </td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">(54,024</td><td style="padding-bottom: 1.5pt; text-align: left">)</td></tr> <tr id="xdx_400_eus-gaap--OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeTax_hus-gaap--FinancialInstrumentAxis__custom--CemeteryPerpetualCareTrustInvestmentsMember_zKR3A3emPkhj" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: justify">Unrealized gains (losses) on cemetery perpetual care trust investments (1)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">2,926</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(37,357</td><td style="text-align: left">)</td></tr> <tr id="xdx_40F_eus-gaap--OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax_i_pp0p0" style="vertical-align: bottom; background-color: White"> <td style="text-align: justify; padding-bottom: 1.5pt">Tax (expense) benefit</td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">(714</td><td style="padding-bottom: 1.5pt; text-align: left">)</td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">9,306</td><td style="padding-bottom: 1.5pt; text-align: left"> </td></tr> <tr id="xdx_405_eus-gaap--OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax_zdfMpmrahW4" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 10pt; padding-bottom: 1.5pt">Net</td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">2,212</td><td style="padding-bottom: 1.5pt; text-align: left"> </td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">(28,051</td><td style="padding-bottom: 1.5pt; text-align: left">)</td></tr> <tr id="xdx_401_eus-gaap--OtherComprehensiveIncomeLossNetOfTax_z9ACwGOnlp13" style="vertical-align: bottom; background-color: White"> <td style="text-align: justify; padding-bottom: 2.5pt">Other comprehensive income (loss) changes</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">4,127,558</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">(12,190,330</td><td style="padding-bottom: 2.5pt; text-align: left">)</td></tr> </table> <div style="width: 20%"><div style="border-top: Black 1.5pt solid; font-size: 1pt"> </div></div> <table border="0" cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"> <tr style="vertical-align: top"> <td style="text-align: left; width: 0.25in">(1)</td> <td style="text-align: left">Fixed maturity securities available for sale</td></tr> </table> SECURITY NATIONAL FINANCIAL CORPORATION AND SUBSIDIARIES Notes to Condensed Consolidated Financial Statements March 31, 2023 (Unaudited) 16) Accumulated Other Comprehensive Income (loss) (Continued) The following is the accumulated balances of other comprehensive income (loss) as of March 31, 2023: Schedule of Accumulated Balances of Other Comprehensive Income <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: bottom"> <td> </td><td style="padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Beginning Balance December 31, 2022</td><td style="padding-bottom: 1.5pt"> </td><td style="padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Change for the period</td><td style="padding-bottom: 1.5pt"> </td><td style="padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Ending Balance March 31, 2023</td><td style="padding-bottom: 1.5pt"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 46%; text-align: left">Unrealized gains (losses) on fixed maturity securities available for sale</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_987_ecustom--UnrealizedNetGainsOnAvailableForSaleSecurities_iS_pp0p0_c20230101__20230331_zes6S5c9GLCe" style="width: 14%; text-align: right" title="Unrealized gains on fix maturity securities available-for-sale">(13,050,767</td><td style="width: 1%; text-align: left">)</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_982_ecustom--IncreaseDecreaseInUnrealizedNetGainsOnAvailableForSaleSecurities_pp0p0_c20230101__20230331_zjnk813oate1" style="width: 14%; text-align: right" title="Increase (Decrease) in Unrealized gains on fixed maturity securities available-for-sale">4,122,242</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_986_ecustom--UnrealizedNetGainsOnAvailableForSaleSecurities_iE_pp0p0_c20230101__20230331_zmTUEO0ZrLH1" style="width: 14%; text-align: right" title="Unrealized gains on fix maturity securities available-for-sale">(8,928,525</td><td style="width: 1%; text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td id="xdx_F4D_zVAOZBpZE8U4" style="text-align: justify">Unrealized gains (losses) on restricted assets (1)</td><td> </td> <td style="text-align: left"> </td><td id="xdx_987_ecustom--UnrealizedGainsOnRestrictedAssets_iS_pp0p0_c20230101__20230331_fKDEp_z6PnzssA2t5i" style="text-align: right" title="Unrealized gains (losses) on restricted assets">(13,148</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98F_ecustom--IncreaseDececreaseInUnrealizedGainsOnRestrictedAssets_pp0p0_c20230101__20230331_fKDEp_z3vXpJhATOZ6" style="text-align: right" title="Increase Dececrease in Unrealized gains (losses) on restricted assets">3,104</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98B_ecustom--UnrealizedGainsOnRestrictedAssets_iE_pp0p0_c20230101__20230331_fKDEp_zEfmehzQadGd" style="text-align: right" title="Unrealized gains (losses) on restricted assets">(10,044</td><td style="text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td id="xdx_F49_zZGtt1RwjQ2g" style="text-align: justify; padding-bottom: 1.5pt">Unrealized gains (losses) on cemetery perpetual care trust investments (1)</td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_987_ecustom--UnrealizedGainsOnCemeteryPerpetualCareTrustInvestments1_iS_pp0p0_c20230101__20230331_fKDEp_zEuBDkOMV582" style="border-bottom: Black 1pt solid; text-align: right" title="Unrealized gains (losses) on cemetery perpetual care trust investments">(6,362</td><td style="padding-bottom: 1.5pt; text-align: left">)</td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_983_ecustom--IncreaseDececreaseInUnrealizedGainsOnCemeteryPerpetualCareTrustInvestments_pp0p0_c20230101__20230331_fKDEp_zpMd3fEN7V48" style="border-bottom: Black 1pt solid; text-align: right" title="Increase Dececrease in Unrealized gains (losses) on cemetery perpetual care trust investments">2,212</td><td style="padding-bottom: 1.5pt; text-align: left"> </td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98B_ecustom--UnrealizedGainsOnCemeteryPerpetualCareTrustInvestments1_iE_pp0p0_c20230101__20230331_fKDEp_znIK5SxKEqpj" style="border-bottom: Black 1pt solid; text-align: right" title="Unrealized gains (losses) on cemetery perpetual care trust investments">(4,150</td><td style="padding-bottom: 1.5pt; text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 2.5pt">Other comprehensive income (loss)</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_985_eus-gaap--AccumulatedOtherComprehensiveIncomeLossNetOfTax_iS_pp0p0_c20230101__20230331_zBOlWSS00r2d" style="border-bottom: Black 2.5pt double; text-align: right" title="Other comprehensive income (loss), Balance">(13,070,277</td><td style="padding-bottom: 2.5pt; text-align: left">)</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98C_ecustom--IncreaseDecreaseInOtherComprehensiveIncomeBalance_pp0p0_c20230101__20230331_zc0Z2jDPOyU" style="border-bottom: Black 2.5pt double; text-align: right" title="Increase (Decrease) in Other comprehensive income (loss), Balance">4,127,558</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_986_eus-gaap--AccumulatedOtherComprehensiveIncomeLossNetOfTax_iE_pp0p0_c20230101__20230331_zUwB61xWMkB3" style="border-bottom: Black 2.5pt double; text-align: right" title="Other comprehensive income (loss), Balance">(8,942,719</td><td style="padding-bottom: 2.5pt; text-align: left">)</td></tr> </table> <div style="width: 20%"><div style="border-top: Black 1.5pt solid; font-size: 1pt"> </div></div> <table border="0" cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"> <tr style="vertical-align: top"> <td style="text-align: justify; width: 0.25in">(1)</td> <td style="text-align: justify">Fixed maturity securities available for sale </td></tr> </table> The following is the accumulated balances of other comprehensive income (loss) as of December 31, 2022: <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: bottom"> <td> </td><td style="padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Beginning Balance December 31, 2021</td><td style="padding-bottom: 1.5pt"> </td><td style="padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Change for the period</td><td style="padding-bottom: 1.5pt"> </td><td style="padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Ending Balance December 31, 2022</td><td style="padding-bottom: 1.5pt"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 46%; text-align: left">Unrealized gains (losses) on fixed maturity securities available for sale</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_980_ecustom--UnrealizedNetGainsOnAvailableForSaleSecurities_iS_pp0p0_c20220101__20221231_zcfze3E5Qf0l" style="width: 14%; text-align: right" title="Unrealized gains on fix maturity securities available-for-sale">18,021,265</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_987_ecustom--IncreaseDecreaseInUnrealizedNetGainsOnAvailableForSaleSecurities_pp0p0_c20220101__20221231_zYdxMf5acTQl" style="width: 14%; text-align: right" title="Increase (Decrease) in Unrealized gains on fixed maturity securities available-for-sale">(31,072,032</td><td style="width: 1%; text-align: left">)</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_982_ecustom--UnrealizedNetGainsOnAvailableForSaleSecurities_iE_pp0p0_c20220101__20221231_zLCuOYcof376" style="width: 14%; text-align: right" title="Unrealized gains on fix maturity securities available-for-sale">(13,050,767</td><td style="width: 1%; text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td id="xdx_F4E_zbYQWpIkx897" style="text-align: justify">Unrealized gains (losses) on restricted assets (1)</td><td> </td> <td style="text-align: left"> </td><td id="xdx_983_ecustom--UnrealizedGainsOnRestrictedAssets_iS_pp0p0_c20220101__20221231_fKDEp_zfljc0oFFmw" style="text-align: right" title="Unrealized gains (losses) on restricted assets">40,192</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98F_ecustom--IncreaseDececreaseInUnrealizedGainsOnRestrictedAssets_pp0p0_c20220101__20221231_fKDEp_zGJm8vUD4KMa" style="text-align: right" title="Increase Dececrease in Unrealized gains (losses) on restricted assets">(53,340</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td id="xdx_987_ecustom--UnrealizedGainsOnRestrictedAssets_iE_pp0p0_c20220101__20221231_fKDEp_zicML7wUabMb" style="text-align: right" title="Unrealized gains (losses) on restricted assets">(13,148</td><td style="text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td id="xdx_F41_zigMtkHPDdu" style="text-align: justify; padding-bottom: 1.5pt">Unrealized gains (losses) on cemetery perpetual care trust investments (1)</td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98E_ecustom--UnrealizedGainsOnCemeteryPerpetualCareTrustInvestments1_iS_pp0p0_c20220101__20221231_fKDEp_zXDx1ZEP5XJc" style="border-bottom: Black 1pt solid; text-align: right" title="Unrealized gains (losses) on cemetery perpetual care trust investments">8,991</td><td style="padding-bottom: 1.5pt; text-align: left"> </td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_986_ecustom--IncreaseDececreaseInUnrealizedGainsOnCemeteryPerpetualCareTrustInvestments_pp0p0_c20220101__20221231_fKDEp_zoBnx2g6SXA" style="border-bottom: Black 1pt solid; text-align: right" title="Increase Dececrease in Unrealized gains (losses) on cemetery perpetual care trust investments">(15,353</td><td style="padding-bottom: 1.5pt; text-align: left">)</td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_988_ecustom--UnrealizedGainsOnCemeteryPerpetualCareTrustInvestments1_iE_pp0p0_c20220101__20221231_fKDEp_zSpNrKoXy7lj" style="border-bottom: Black 1pt solid; text-align: right" title="Unrealized gains (losses) on cemetery perpetual care trust investments">(6,362</td><td style="padding-bottom: 1.5pt; text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 2.5pt">Other comprehensive income (loss)</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98D_eus-gaap--AccumulatedOtherComprehensiveIncomeLossNetOfTax_iS_pp0p0_c20220101__20221231_ze0K7u4nZS0e" style="border-bottom: Black 2.5pt double; text-align: right" title="Other comprehensive income (loss), Balance">18,070,448</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_988_ecustom--IncreaseDecreaseInOtherComprehensiveIncomeBalance_pp0p0_c20220101__20221231_zdReMfR31veg" style="border-bottom: Black 2.5pt double; text-align: right" title="Increase (Decrease) in Other comprehensive income (loss), Balance">(31,140,725</td><td style="padding-bottom: 2.5pt; text-align: left">)</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98A_eus-gaap--AccumulatedOtherComprehensiveIncomeLossNetOfTax_iE_pp0p0_c20220101__20221231_znkyzC9QTKml" style="border-bottom: Black 2.5pt double; text-align: right" title="Other comprehensive income (loss), Balance">(13,070,277</td><td style="padding-bottom: 2.5pt; text-align: left">)</td></tr> </table> <div style="width: 20%"><div style="border-top: Black 1.5pt solid; font-size: 1pt"> </div></div> <table border="0" cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"> <tr style="vertical-align: top"> <td style="text-align: justify; width: 0.25in">(1)</td> <td style="text-align: justify">Fixed maturity securities available for sale </td></tr> </table>

The following summarizes the changes in accumulated other comprehensive income (loss): Schedule of Changes in Accumulated Other Comprehensive Income <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 90%"> <tr style="display: none; vertical-align: bottom"> <td> </td><td style="padding-bottom: 1.5pt"> </td> <td colspan="2" id="xdx_497_20230101__20230331_zZC5WNxDqiX8" style="border-bottom: Black 1pt solid; text-align: center">2023</td><td style="padding-bottom: 1.5pt"> </td><td style="padding-bottom: 1.5pt"> </td> <td colspan="2" id="xdx_499_20220101__20220331_zVRK1fuTEzBg" style="border-bottom: Black 1pt solid; text-align: center">2022</td><td style="padding-bottom: 1.5pt"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="padding-bottom: 1.5pt"> </td> <td colspan="6" style="border-bottom: Black 1pt solid; text-align: center">Three Months Ended March 31</td><td style="padding-bottom: 1.5pt"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">2023</td><td style="padding-bottom: 1.5pt"> </td><td style="padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">2022</td><td style="padding-bottom: 1.5pt"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td> </td> <td colspan="2"> </td><td> </td><td> </td> <td colspan="2"> </td><td> </td></tr> <tr id="xdx_408_eus-gaap--OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax_zK5QDxv6i2xa" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 64%; text-align: left">Unrealized gains (losses) on fixed maturity securities available for sale</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 14%; text-align: right">5,436,929</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 14%; text-align: right">(15,372,096</td><td style="width: 1%; text-align: left">)</td></tr> <tr id="xdx_40D_eus-gaap--OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax_zvcZf3EJ05qh" style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 1.5pt">Amounts reclassified into net earnings</td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">(218,900</td><td style="padding-bottom: 1.5pt; text-align: left">)</td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">45,193</td><td style="padding-bottom: 1.5pt; text-align: left"> </td></tr> <tr id="xdx_40A_eus-gaap--OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeTax_zVDbAJMMoJgj" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: justify">Net unrealized gains (losses) before taxes</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">5,218,029</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(15,326,903</td><td style="text-align: left">)</td></tr> <tr id="xdx_400_eus-gaap--OtherComprehensiveIncomeAvailableforsaleSecuritiesTaxPortionAttributableToParent_zig9HsBJxXOj" style="vertical-align: bottom; background-color: White"> <td style="text-align: justify; padding-bottom: 1.5pt">Tax (expense) benefit</td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">(1,095,787</td><td style="padding-bottom: 1.5pt; text-align: left">)</td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">3,218,648</td><td style="padding-bottom: 1.5pt; text-align: left"> </td></tr> <tr id="xdx_401_eus-gaap--OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent_zTbZyUpk4yVa" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 10pt; padding-bottom: 1.5pt">Net</td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">4,122,242</td><td style="padding-bottom: 1.5pt; text-align: left"> </td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">(12,108,255</td><td style="padding-bottom: 1.5pt; text-align: left">)</td></tr> <tr id="xdx_40E_eus-gaap--OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeTax_hus-gaap--FinancialInstrumentAxis__custom--RestrictedAssetsMember_zHPrZ8D2GbB1" style="vertical-align: bottom; background-color: White"> <td style="text-align: justify">Unrealized gains (losses) on restricted assets (1)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">4,133</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(71,946</td><td style="text-align: left">)</td></tr> <tr id="xdx_40A_eus-gaap--OtherComprehensiveIncomeAvailableforsaleSecuritiesTaxPortionAttributableToParent_hus-gaap--FinancialInstrumentAxis__custom--RestrictedAssetsMember_zEko4afOaB01" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: justify; padding-bottom: 1.5pt">Tax (expense) benefit</td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">(1,029</td><td style="padding-bottom: 1.5pt; text-align: left">)</td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">17,922</td><td style="padding-bottom: 1.5pt; text-align: left"> </td></tr> <tr id="xdx_408_eus-gaap--OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent_hus-gaap--FinancialInstrumentAxis__custom--RestrictedAssetsMember_z9sCWzeR6y5j" style="vertical-align: bottom; background-color: White"> <td style="padding-left: 10pt; padding-bottom: 1.5pt">Net</td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">3,104</td><td style="padding-bottom: 1.5pt; text-align: left"> </td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">(54,024</td><td style="padding-bottom: 1.5pt; text-align: left">)</td></tr> <tr id="xdx_400_eus-gaap--OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeTax_hus-gaap--FinancialInstrumentAxis__custom--CemeteryPerpetualCareTrustInvestmentsMember_zKR3A3emPkhj" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: justify">Unrealized gains (losses) on cemetery perpetual care trust investments (1)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">2,926</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(37,357</td><td style="text-align: left">)</td></tr> <tr id="xdx_40F_eus-gaap--OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax_i_pp0p0" style="vertical-align: bottom; background-color: White"> <td style="text-align: justify; padding-bottom: 1.5pt">Tax (expense) benefit</td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">(714</td><td style="padding-bottom: 1.5pt; text-align: left">)</td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">9,306</td><td style="padding-bottom: 1.5pt; text-align: left"> </td></tr> <tr id="xdx_405_eus-gaap--OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax_zdfMpmrahW4" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 10pt; padding-bottom: 1.5pt">Net</td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">2,212</td><td style="padding-bottom: 1.5pt; text-align: left"> </td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">(28,051</td><td style="padding-bottom: 1.5pt; text-align: left">)</td></tr> <tr id="xdx_401_eus-gaap--OtherComprehensiveIncomeLossNetOfTax_z9ACwGOnlp13" style="vertical-align: bottom; background-color: White"> <td style="text-align: justify; padding-bottom: 2.5pt">Other comprehensive income (loss) changes</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">4,127,558</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">(12,190,330</td><td style="padding-bottom: 2.5pt; text-align: left">)</td></tr> </table> <div style="width: 20%"><div style="border-top: Black 1.5pt solid; font-size: 1pt"> </div></div> <table border="0" cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"> <tr style="vertical-align: top"> <td style="text-align: left; width: 0.25in">(1)</td> <td style="text-align: left">Fixed maturity securities available for sale</td></tr> </table>

5436929

-15372096

-218900

45193

5218029

-15326903

-1095787

3218648

4122242

-12108255

4133

-71946

-1029

17922

3104

-54024

2926

-37357

-714

9306

2212

-28051

4127558

-12190330

The following is the accumulated balances of other comprehensive income (loss) as of March 31, 2023: Schedule of Accumulated Balances of Other Comprehensive Income <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: bottom"> <td> </td><td style="padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Beginning Balance December 31, 2022</td><td style="padding-bottom: 1.5pt"> </td><td style="padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Change for the period</td><td style="padding-bottom: 1.5pt"> </td><td style="padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Ending Balance March 31, 2023</td><td style="padding-bottom: 1.5pt"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 46%; text-align: left">Unrealized gains (losses) on fixed maturity securities available for sale</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_987_ecustom--UnrealizedNetGainsOnAvailableForSaleSecurities_iS_pp0p0_c20230101__20230331_zes6S5c9GLCe" style="width: 14%; text-align: right" title="Unrealized gains on fix maturity securities available-for-sale">(13,050,767</td><td style="width: 1%; text-align: left">)</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_982_ecustom--IncreaseDecreaseInUnrealizedNetGainsOnAvailableForSaleSecurities_pp0p0_c20230101__20230331_zjnk813oate1" style="width: 14%; text-align: right" title="Increase (Decrease) in Unrealized gains on fixed maturity securities available-for-sale">4,122,242</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_986_ecustom--UnrealizedNetGainsOnAvailableForSaleSecurities_iE_pp0p0_c20230101__20230331_zmTUEO0ZrLH1" style="width: 14%; text-align: right" title="Unrealized gains on fix maturity securities available-for-sale">(8,928,525</td><td style="width: 1%; text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td id="xdx_F4D_zVAOZBpZE8U4" style="text-align: justify">Unrealized gains (losses) on restricted assets (1)</td><td> </td> <td style="text-align: left"> </td><td id="xdx_987_ecustom--UnrealizedGainsOnRestrictedAssets_iS_pp0p0_c20230101__20230331_fKDEp_z6PnzssA2t5i" style="text-align: right" title="Unrealized gains (losses) on restricted assets">(13,148</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98F_ecustom--IncreaseDececreaseInUnrealizedGainsOnRestrictedAssets_pp0p0_c20230101__20230331_fKDEp_z3vXpJhATOZ6" style="text-align: right" title="Increase Dececrease in Unrealized gains (losses) on restricted assets">3,104</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98B_ecustom--UnrealizedGainsOnRestrictedAssets_iE_pp0p0_c20230101__20230331_fKDEp_zEfmehzQadGd" style="text-align: right" title="Unrealized gains (losses) on restricted assets">(10,044</td><td style="text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td id="xdx_F49_zZGtt1RwjQ2g" style="text-align: justify; padding-bottom: 1.5pt">Unrealized gains (losses) on cemetery perpetual care trust investments (1)</td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_987_ecustom--UnrealizedGainsOnCemeteryPerpetualCareTrustInvestments1_iS_pp0p0_c20230101__20230331_fKDEp_zEuBDkOMV582" style="border-bottom: Black 1pt solid; text-align: right" title="Unrealized gains (losses) on cemetery perpetual care trust investments">(6,362</td><td style="padding-bottom: 1.5pt; text-align: left">)</td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_983_ecustom--IncreaseDececreaseInUnrealizedGainsOnCemeteryPerpetualCareTrustInvestments_pp0p0_c20230101__20230331_fKDEp_zpMd3fEN7V48" style="border-bottom: Black 1pt solid; text-align: right" title="Increase Dececrease in Unrealized gains (losses) on cemetery perpetual care trust investments">2,212</td><td style="padding-bottom: 1.5pt; text-align: left"> </td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98B_ecustom--UnrealizedGainsOnCemeteryPerpetualCareTrustInvestments1_iE_pp0p0_c20230101__20230331_fKDEp_znIK5SxKEqpj" style="border-bottom: Black 1pt solid; text-align: right" title="Unrealized gains (losses) on cemetery perpetual care trust investments">(4,150</td><td style="padding-bottom: 1.5pt; text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 2.5pt">Other comprehensive income (loss)</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_985_eus-gaap--AccumulatedOtherComprehensiveIncomeLossNetOfTax_iS_pp0p0_c20230101__20230331_zBOlWSS00r2d" style="border-bottom: Black 2.5pt double; text-align: right" title="Other comprehensive income (loss), Balance">(13,070,277</td><td style="padding-bottom: 2.5pt; text-align: left">)</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98C_ecustom--IncreaseDecreaseInOtherComprehensiveIncomeBalance_pp0p0_c20230101__20230331_zc0Z2jDPOyU" style="border-bottom: Black 2.5pt double; text-align: right" title="Increase (Decrease) in Other comprehensive income (loss), Balance">4,127,558</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_986_eus-gaap--AccumulatedOtherComprehensiveIncomeLossNetOfTax_iE_pp0p0_c20230101__20230331_zUwB61xWMkB3" style="border-bottom: Black 2.5pt double; text-align: right" title="Other comprehensive income (loss), Balance">(8,942,719</td><td style="padding-bottom: 2.5pt; text-align: left">)</td></tr> </table> <div style="width: 20%"><div style="border-top: Black 1.5pt solid; font-size: 1pt"> </div></div> <table border="0" cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"> <tr style="vertical-align: top"> <td style="text-align: justify; width: 0.25in">(1)</td> <td style="text-align: justify">Fixed maturity securities available for sale </td></tr> </table> The following is the accumulated balances of other comprehensive income (loss) as of December 31, 2022: <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: bottom"> <td> </td><td style="padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Beginning Balance December 31, 2021</td><td style="padding-bottom: 1.5pt"> </td><td style="padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Change for the period</td><td style="padding-bottom: 1.5pt"> </td><td style="padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Ending Balance December 31, 2022</td><td style="padding-bottom: 1.5pt"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 46%; text-align: left">Unrealized gains (losses) on fixed maturity securities available for sale</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_980_ecustom--UnrealizedNetGainsOnAvailableForSaleSecurities_iS_pp0p0_c20220101__20221231_zcfze3E5Qf0l" style="width: 14%; text-align: right" title="Unrealized gains on fix maturity securities available-for-sale">18,021,265</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_987_ecustom--IncreaseDecreaseInUnrealizedNetGainsOnAvailableForSaleSecurities_pp0p0_c20220101__20221231_zYdxMf5acTQl" style="width: 14%; text-align: right" title="Increase (Decrease) in Unrealized gains on fixed maturity securities available-for-sale">(31,072,032</td><td style="width: 1%; text-align: left">)</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_982_ecustom--UnrealizedNetGainsOnAvailableForSaleSecurities_iE_pp0p0_c20220101__20221231_zLCuOYcof376" style="width: 14%; text-align: right" title="Unrealized gains on fix maturity securities available-for-sale">(13,050,767</td><td style="width: 1%; text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td id="xdx_F4E_zbYQWpIkx897" style="text-align: justify">Unrealized gains (losses) on restricted assets (1)</td><td> </td> <td style="text-align: left"> </td><td id="xdx_983_ecustom--UnrealizedGainsOnRestrictedAssets_iS_pp0p0_c20220101__20221231_fKDEp_zfljc0oFFmw" style="text-align: right" title="Unrealized gains (losses) on restricted assets">40,192</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98F_ecustom--IncreaseDececreaseInUnrealizedGainsOnRestrictedAssets_pp0p0_c20220101__20221231_fKDEp_zGJm8vUD4KMa" style="text-align: right" title="Increase Dececrease in Unrealized gains (losses) on restricted assets">(53,340</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td id="xdx_987_ecustom--UnrealizedGainsOnRestrictedAssets_iE_pp0p0_c20220101__20221231_fKDEp_zicML7wUabMb" style="text-align: right" title="Unrealized gains (losses) on restricted assets">(13,148</td><td style="text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td id="xdx_F41_zigMtkHPDdu" style="text-align: justify; padding-bottom: 1.5pt">Unrealized gains (losses) on cemetery perpetual care trust investments (1)</td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98E_ecustom--UnrealizedGainsOnCemeteryPerpetualCareTrustInvestments1_iS_pp0p0_c20220101__20221231_fKDEp_zXDx1ZEP5XJc" style="border-bottom: Black 1pt solid; text-align: right" title="Unrealized gains (losses) on cemetery perpetual care trust investments">8,991</td><td style="padding-bottom: 1.5pt; text-align: left"> </td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_986_ecustom--IncreaseDececreaseInUnrealizedGainsOnCemeteryPerpetualCareTrustInvestments_pp0p0_c20220101__20221231_fKDEp_zoBnx2g6SXA" style="border-bottom: Black 1pt solid; text-align: right" title="Increase Dececrease in Unrealized gains (losses) on cemetery perpetual care trust investments">(15,353</td><td style="padding-bottom: 1.5pt; text-align: left">)</td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_988_ecustom--UnrealizedGainsOnCemeteryPerpetualCareTrustInvestments1_iE_pp0p0_c20220101__20221231_fKDEp_zSpNrKoXy7lj" style="border-bottom: Black 1pt solid; text-align: right" title="Unrealized gains (losses) on cemetery perpetual care trust investments">(6,362</td><td style="padding-bottom: 1.5pt; text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 2.5pt">Other comprehensive income (loss)</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98D_eus-gaap--AccumulatedOtherComprehensiveIncomeLossNetOfTax_iS_pp0p0_c20220101__20221231_ze0K7u4nZS0e" style="border-bottom: Black 2.5pt double; text-align: right" title="Other comprehensive income (loss), Balance">18,070,448</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_988_ecustom--IncreaseDecreaseInOtherComprehensiveIncomeBalance_pp0p0_c20220101__20221231_zdReMfR31veg" style="border-bottom: Black 2.5pt double; text-align: right" title="Increase (Decrease) in Other comprehensive income (loss), Balance">(31,140,725</td><td style="padding-bottom: 2.5pt; text-align: left">)</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98A_eus-gaap--AccumulatedOtherComprehensiveIncomeLossNetOfTax_iE_pp0p0_c20220101__20221231_znkyzC9QTKml" style="border-bottom: Black 2.5pt double; text-align: right" title="Other comprehensive income (loss), Balance">(13,070,277</td><td style="padding-bottom: 2.5pt; text-align: left">)</td></tr> </table> <div style="width: 20%"><div style="border-top: Black 1.5pt solid; font-size: 1pt"> </div></div> <table border="0" cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"> <tr style="vertical-align: top"> <td style="text-align: justify; width: 0.25in">(1)</td> <td style="text-align: justify">Fixed maturity securities available for sale </td></tr> </table> -13050767 4122242 -8928525 -13148 3104 -10044 -6362 2212 -4150

-13070277

4127558

-8942719

18021265 -31072032 -13050767 40192 -53340 -13148 8991 -15353 -6362

18070448

-31140725

-13070277

Net earnings per share amounts have been adjusted retroactively for the effect of annual stock dividends. The weighted-average shares outstanding includes the weighted-average Class A common shares and the weighted-average Class C common shares determined on an equivalent Class A common stock basis. Net earnings per common share represent net earnings per equivalent Class A common share.