0000318673 2021-01-01 2021-12-31 0000318673 2021-06-30 0000318673 us-gaap:CommonClassAMember 2022-03-22 0000318673 us-gaap:CommonClassCMember 2022-03-22 0000318673 2021-12-31 0000318673 2020-12-31 0000318673 us-gaap:CommonClassAMember 2021-12-31 0000318673 us-gaap:CommonClassAMember 2020-12-31 0000318673 us-gaap:CommonClassBMember 2021-12-31 0000318673 us-gaap:CommonClassBMember 2020-12-31 0000318673 us-gaap:CommonClassCMember 2021-12-31 0000318673 us-gaap:CommonClassCMember 2020-12-31 0000318673 2020-01-01 2020-12-31 0000318673 us-gaap:CommonClassAMember us-gaap:CommonStockMember 2019-12-31 0000318673 us-gaap:CommonClassCMember us-gaap:CommonStockMember 2019-12-31 0000318673 us-gaap:AdditionalPaidInCapitalMember 2019-12-31 0000318673 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2019-12-31 0000318673 us-gaap:RetainedEarningsMember 2019-12-31 0000318673 us-gaap:TreasuryStockMember 2019-12-31 0000318673 2019-12-31 0000318673 us-gaap:CommonClassAMember us-gaap:CommonStockMember 2020-12-31 0000318673 us-gaap:CommonClassCMember us-gaap:CommonStockMember 2020-12-31 0000318673 us-gaap:AdditionalPaidInCapitalMember 2020-12-31 0000318673 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2020-12-31 0000318673 us-gaap:RetainedEarningsMember 2020-12-31 0000318673 us-gaap:TreasuryStockMember 2020-12-31 0000318673 us-gaap:CommonClassAMember us-gaap:CommonStockMember 2020-01-01 2020-12-31 0000318673 us-gaap:CommonClassCMember us-gaap:CommonStockMember 2020-01-01 2020-12-31 0000318673 us-gaap:AdditionalPaidInCapitalMember 2020-01-01 2020-12-31 0000318673 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2020-01-01 2020-12-31 0000318673 us-gaap:RetainedEarningsMember 2020-01-01 2020-12-31 0000318673 us-gaap:TreasuryStockMember 2020-01-01 2020-12-31 0000318673 us-gaap:CommonClassAMember us-gaap:CommonStockMember 2021-01-01 2021-12-31 0000318673 us-gaap:CommonClassCMember us-gaap:CommonStockMember 2021-01-01 2021-12-31 0000318673 us-gaap:AdditionalPaidInCapitalMember 2021-01-01 2021-12-31 0000318673 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2021-01-01 2021-12-31 0000318673 us-gaap:RetainedEarningsMember 2021-01-01 2021-12-31 0000318673 us-gaap:TreasuryStockMember 2021-01-01 2021-12-31 0000318673 us-gaap:CommonClassAMember us-gaap:CommonStockMember 2021-12-31 0000318673 us-gaap:CommonClassCMember us-gaap:CommonStockMember 2021-12-31 0000318673 us-gaap:AdditionalPaidInCapitalMember 2021-12-31 0000318673 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2021-12-31 0000318673 us-gaap:RetainedEarningsMember 2021-12-31 0000318673 us-gaap:TreasuryStockMember 2021-12-31 0000318673 SNFCA:MSRsClassOneMember 2021-01-01 2021-12-31 0000318673 SNFCA:MSRsClassTwoMember 2021-01-01 2021-12-31 0000318673 srt:MinimumMember 2021-01-01 2021-12-31 0000318673 srt:MaximumMember 2021-01-01 2021-12-31 0000318673 srt:MinimumMember 2021-12-31 0000318673 srt:MaximumMember 2021-12-31 0000318673 us-gaap:USTreasurySecuritiesMember 2021-12-31 0000318673 us-gaap:USTreasurySecuritiesMember 2021-01-01 2021-12-31 0000318673 us-gaap:USStatesAndPoliticalSubdivisionsMember 2021-12-31 0000318673 us-gaap:USStatesAndPoliticalSubdivisionsMember 2021-01-01 2021-12-31 0000318673 us-gaap:CorporateDebtSecuritiesMember 2021-12-31 0000318673 us-gaap:CorporateDebtSecuritiesMember 2021-01-01 2021-12-31 0000318673 us-gaap:MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMember 2021-12-31 0000318673 us-gaap:MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMember 2021-01-01 2021-12-31 0000318673 us-gaap:RedeemablePreferredStockMember 2021-12-31 0000318673 us-gaap:RedeemablePreferredStockMember 2021-01-01 2021-12-31 0000318673 SNFCA:IndustrialMiscellaneousAndAllOtherMember 2021-12-31 0000318673 SNFCA:IndustrialMiscellaneousAndAllOtherMember 2021-01-01 2021-12-31 0000318673 SNFCA:EquitySecuritiesOneMember 2021-12-31 0000318673 SNFCA:EquitySecuritiesOneMember 2021-01-01 2021-12-31 0000318673 us-gaap:ResidentialMortgageMember 2021-12-31 0000318673 SNFCA:ResidentialConstructionMember 2021-12-31 0000318673 SNFCA:CommercialMember 2021-12-31 0000318673 us-gaap:USTreasurySecuritiesMember 2020-12-31 0000318673 us-gaap:USTreasurySecuritiesMember 2020-01-01 2020-12-31 0000318673 us-gaap:USStatesAndPoliticalSubdivisionsMember 2020-12-31 0000318673 us-gaap:USStatesAndPoliticalSubdivisionsMember 2020-01-01 2020-12-31 0000318673 us-gaap:CorporateDebtSecuritiesMember 2020-12-31 0000318673 us-gaap:CorporateDebtSecuritiesMember 2020-01-01 2020-12-31 0000318673 us-gaap:MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMember 2020-12-31 0000318673 us-gaap:MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMember 2020-01-01 2020-12-31 0000318673 us-gaap:RedeemablePreferredStockMember 2020-12-31 0000318673 us-gaap:RedeemablePreferredStockMember 2020-01-01 2020-12-31 0000318673 SNFCA:IndustrialMiscellaneousAndAllOtherMember 2020-12-31 0000318673 SNFCA:IndustrialMiscellaneousAndAllOtherMember 2020-01-01 2020-12-31 0000318673 SNFCA:EquitySecurities1Member 2020-12-31 0000318673 SNFCA:EquitySecurities1Member 2020-01-01 2020-12-31 0000318673 us-gaap:ResidentialMortgageMember 2020-12-31 0000318673 SNFCA:ResidentialConstructionMember 2020-12-31 0000318673 SNFCA:CommercialMember 2020-12-31 0000318673 us-gaap:MembershipMember 2021-12-31 0000318673 SNFCA:ActivityStockDueMember 2021-12-31 0000318673 us-gaap:MembershipMember 2020-12-31 0000318673 SNFCA:ActivityStockDueMember 2020-12-31 0000318673 SNFCA:CorporateSecuritiesMember 2021-12-31 0000318673 SNFCA:CorporateSecuritiesMember 2020-12-31 0000318673 SNFCA:FHLBMember 2021-12-31 0000318673 SNFCA:CemeteriesAndMortuariesMember 2021-01-01 2021-12-31 0000318673 SNFCA:CemeteriesAndMortuariesMember 2020-01-01 2020-12-31 0000318673 SNFCA:CommercialRealEstateOneMember 2021-12-31 0000318673 SNFCA:CommercialRealEstateOneMember 2020-12-31 0000318673 SNFCA:CommercialRealEstate1Member 2021-12-31 0000318673 SNFCA:CommercialRealEstate1Member 2020-12-31 0000318673 SNFCA:ResidentialRealEstate1Member 2021-12-31 0000318673 SNFCA:ResidentialRealEstate1Member 2020-12-31 0000318673 stpr:UT 2021-12-31 0000318673 stpr:FL 2021-12-31 0000318673 stpr:CA 2021-12-31 0000318673 stpr:TX 2021-12-31 0000318673 stpr:NV 2021-12-31 0000318673 stpr:AZ 2021-12-31 0000318673 stpr:UT 2020-12-31 0000318673 stpr:FL 2020-12-31 0000318673 stpr:TX 2020-12-31 0000318673 stpr:CA 2020-12-31 0000318673 stpr:NV 2020-12-31 0000318673 stpr:AZ 2020-12-31 0000318673 SNFCA:DueInOneYearMember 2021-12-31 0000318673 SNFCA:DueInTwoToFiveYearsMember 2021-12-31 0000318673 SNFCA:DueInFiveToTenYearsMember 2021-12-31 0000318673 SNFCA:DueInMoreThanTenYearsMember 2021-12-31 0000318673 SNFCA:FixedMaturitySecuritiesMember 2021-01-01 2021-12-31 0000318673 SNFCA:FixedMaturitySecuritiesMember 2020-01-01 2020-12-31 0000318673 SNFCA:EquitySecuritiesOneMember 2021-01-01 2021-12-31 0000318673 SNFCA:EquitySecuritiesOneMember 2020-01-01 2020-12-31 0000318673 SNFCA:OtherAssetsOneMember 2021-01-01 2021-12-31 0000318673 SNFCA:OtherAssetsOneMember 2020-01-01 2020-12-31 0000318673 SNFCA:FixedMaturitySecuritiesMember 2021-01-01 2021-12-31 0000318673 SNFCA:FixedMaturitySecuritiesMember 2020-01-01 2020-12-31 0000318673 SNFCA:EquitySecurities1Member 2021-01-01 2021-12-31 0000318673 SNFCA:MortgageLoansRealEstateMember 2021-01-01 2021-12-31 0000318673 SNFCA:MortgageLoansRealEstateMember 2020-01-01 2020-12-31 0000318673 SNFCA:RealEstate1Member 2021-01-01 2021-12-31 0000318673 SNFCA:RealEstate1Member 2020-01-01 2020-12-31 0000318673 SNFCA:PolicyStudentAndOtherLoansMember 2021-01-01 2021-12-31 0000318673 SNFCA:PolicyStudentAndOtherLoansMember 2020-01-01 2020-12-31 0000318673 SNFCA:InsuranceAssignmentsMember 2021-01-01 2021-12-31 0000318673 SNFCA:InsuranceAssignmentsMember 2020-01-01 2020-12-31 0000318673 SNFCA:OtherInvestments1Member 2021-01-01 2021-12-31 0000318673 SNFCA:OtherInvestments1Member 2020-01-01 2020-12-31 0000318673 SNFCA:CashAndCashEquivalents1Member 2021-01-01 2021-12-31 0000318673 SNFCA:CashAndCashEquivalents1Member 2020-01-01 2020-12-31 0000318673 stpr:UT SNFCA:CommercialRealEstateOneMember 2021-12-31 0000318673 stpr:UT SNFCA:CommercialRealEstateOneMember 2020-12-31 0000318673 stpr:LA SNFCA:CommercialRealEstateOneMember 2021-12-31 0000318673 stpr:LA SNFCA:CommercialRealEstateOneMember 2020-12-31 0000318673 stpr:MS SNFCA:CommercialRealEstateOneMember 2021-12-31 0000318673 stpr:MS SNFCA:CommercialRealEstateOneMember 2020-12-31 0000318673 stpr:KS SNFCA:CommercialRealEstateOneMember 2021-12-31 0000318673 stpr:KS SNFCA:CommercialRealEstateOneMember 2020-12-31 0000318673 stpr:MS SNFCA:CommercialRealEstate1Member 2020-12-31 0000318673 stpr:TX SNFCA:CommercialRealEstateOneMember 2020-12-31 0000318673 stpr:TX SNFCA:CommercialRealEstateOneMember 2021-12-31 0000318673 stpr:UT us-gaap:ResidentialRealEstateMember 2021-12-31 0000318673 stpr:UT us-gaap:ResidentialRealEstateMember 2020-12-31 0000318673 stpr:WA us-gaap:ResidentialRealEstateMember 2021-12-31 0000318673 stpr:WA us-gaap:ResidentialRealEstateMember 2020-12-31 0000318673 us-gaap:ResidentialRealEstateMember 2021-12-31 0000318673 us-gaap:ResidentialRealEstateMember 2020-12-31 0000318673 stpr:UT SNFCA:LandDevelopmentsMember 2021-01-01 2021-12-31 0000318673 stpr:UT SNFCA:LandDevelopmentsMember 2020-01-01 2020-12-31 0000318673 stpr:UT SNFCA:LandDevelopmentsMember 2021-12-31 0000318673 stpr:UT SNFCA:LandDevelopmentsMember 2020-12-31 0000318673 stpr:NV SNFCA:ResidentialRealEstateOneMember 2021-12-31 0000318673 stpr:NV SNFCA:ResidentialRealEstateOneMember 2020-12-31 0000318673 stpr:TX SNFCA:ResidentialRealEstateOneMember 2021-12-31 0000318673 stpr:TX SNFCA:ResidentialRealEstateOneMember 2020-12-31 0000318673 stpr:OH SNFCA:ResidentialRealEstateOneMember 2021-12-31 0000318673 stpr:OH SNFCA:ResidentialRealEstateOneMember 2020-12-31 0000318673 stpr:FL SNFCA:ResidentialRealEstateOneMember 2021-12-31 0000318673 stpr:FL SNFCA:ResidentialRealEstateOneMember 2020-12-31 0000318673 stpr:UT SNFCA:ResidentialRealEstateOneMember 2021-12-31 0000318673 stpr:UT SNFCA:ResidentialRealEstateOneMember 2020-12-31 0000318673 SNFCA:ResidentialRealEstateOneMember 2021-12-31 0000318673 SNFCA:ResidentialRealEstateOneMember 2020-12-31 0000318673 SNFCA:MortgageOperationsMember 2021-12-31 0000318673 SNFCA:LifeInsuranceOperationsMember 2021-12-31 0000318673 SNFCA:LifeInsuranceOperations1Member 2021-12-31 0000318673 SNFCA:LifeInsuranceSalesMember 2021-12-31 0000318673 SNFCA:LifeInsuranceSales1Member 2021-12-31 0000318673 SNFCA:LifeInsuranceSales2Member 2021-12-31 0000318673 us-gaap:CommercialLoanMember 2020-12-31 0000318673 us-gaap:CommercialLoanMember 2021-01-01 2021-12-31 0000318673 us-gaap:ResidentialMortgageMember 2021-01-01 2021-12-31 0000318673 SNFCA:ResidentialConstructionMember 2021-01-01 2021-12-31 0000318673 us-gaap:CommercialLoanMember 2021-12-31 0000318673 us-gaap:CommercialLoanMember 2019-12-31 0000318673 us-gaap:ResidentialMortgageMember 2019-12-31 0000318673 SNFCA:ResidentialConstructionMember 2019-12-31 0000318673 us-gaap:CommercialLoanMember 2020-01-01 2020-12-31 0000318673 us-gaap:ResidentialMortgageMember 2020-01-01 2020-12-31 0000318673 SNFCA:ResidentialConstructionMember 2020-01-01 2020-12-31 0000318673 us-gaap:CommercialLoanMember SNFCA:PastDue30To59DaysMember 2021-01-01 2021-12-31 0000318673 us-gaap:ResidentialMortgageMember SNFCA:PastDue30To59DaysMember 2021-01-01 2021-12-31 0000318673 SNFCA:ResidentialConstructionMember SNFCA:PastDue30To59DaysMember 2021-01-01 2021-12-31 0000318673 SNFCA:PastDue30To59DaysMember 2021-01-01 2021-12-31 0000318673 us-gaap:CommercialLoanMember SNFCA:PastDue60To89DaysMember 2021-01-01 2021-12-31 0000318673 us-gaap:ResidentialMortgageMember SNFCA:PastDue60To89DaysMember 2021-01-01 2021-12-31 0000318673 SNFCA:ResidentialConstructionMember SNFCA:PastDue60To89DaysMember 2021-01-01 2021-12-31 0000318673 SNFCA:PastDue60To89DaysMember 2021-01-01 2021-12-31 0000318673 us-gaap:CommercialLoanMember SNFCA:PastDue90OrMoreDaysMember 2021-01-01 2021-12-31 0000318673 us-gaap:ResidentialMortgageMember SNFCA:PastDue90OrMoreDaysMember 2021-01-01 2021-12-31 0000318673 SNFCA:ResidentialConstructionMember SNFCA:PastDue90OrMoreDaysMember 2021-01-01 2021-12-31 0000318673 SNFCA:PastDue90OrMoreDaysMember 2021-01-01 2021-12-31 0000318673 us-gaap:CommercialLoanMember SNFCA:InForeclosureMember 2021-01-01 2021-12-31 0000318673 us-gaap:ResidentialMortgageMember SNFCA:InForeclosureMember 2021-01-01 2021-12-31 0000318673 SNFCA:ResidentialConstructionMember SNFCA:InForeclosureMember 2021-01-01 2021-12-31 0000318673 SNFCA:InForeclosureMember 2021-01-01 2021-12-31 0000318673 us-gaap:CommercialLoanMember SNFCA:TotalPastDueMember 2021-01-01 2021-12-31 0000318673 us-gaap:ResidentialMortgageMember SNFCA:TotalPastDueMember 2021-01-01 2021-12-31 0000318673 SNFCA:ResidentialConstructionMember SNFCA:TotalPastDueMember 2021-01-01 2021-12-31 0000318673 SNFCA:TotalPastDueMember 2021-01-01 2021-12-31 0000318673 us-gaap:CommercialLoanMember SNFCA:CurrentMember 2021-01-01 2021-12-31 0000318673 us-gaap:ResidentialMortgageMember SNFCA:CurrentMember 2021-01-01 2021-12-31 0000318673 SNFCA:ResidentialConstructionMember SNFCA:CurrentMember 2021-01-01 2021-12-31 0000318673 SNFCA:CurrentMember 2021-01-01 2021-12-31 0000318673 us-gaap:CommercialLoanMember SNFCA:NetMortgageLoansMember 2021-01-01 2021-12-31 0000318673 us-gaap:ResidentialMortgageMember SNFCA:NetMortgageLoansMember 2021-01-01 2021-12-31 0000318673 SNFCA:ResidentialConstructionMember SNFCA:NetMortgageLoansMember 2021-01-01 2021-12-31 0000318673 SNFCA:NetMortgageLoansMember 2021-01-01 2021-12-31 0000318673 us-gaap:CommercialLoanMember SNFCA:PastDue30To59DaysMember 2020-01-01 2020-12-31 0000318673 us-gaap:ResidentialMortgageMember SNFCA:PastDue30To59DaysMember 2020-01-01 2020-12-31 0000318673 SNFCA:ResidentialConstructionMember SNFCA:PastDue30To59DaysMember 2020-01-01 2020-12-31 0000318673 SNFCA:PastDue30To59DaysMember 2020-01-01 2020-12-31 0000318673 us-gaap:CommercialLoanMember SNFCA:PastDue60To89DaysMember 2020-01-01 2020-12-31 0000318673 us-gaap:ResidentialMortgageMember SNFCA:PastDue60To89DaysMember 2020-01-01 2020-12-31 0000318673 SNFCA:ResidentialConstructionMember SNFCA:PastDue60To89DaysMember 2020-01-01 2020-12-31 0000318673 SNFCA:PastDue60To89DaysMember 2020-01-01 2020-12-31 0000318673 us-gaap:CommercialLoanMember SNFCA:PastDue90OrMoreDaysMember 2020-01-01 2020-12-31 0000318673 us-gaap:ResidentialMortgageMember SNFCA:PastDue90OrMoreDaysMember 2020-01-01 2020-12-31 0000318673 SNFCA:ResidentialConstructionMember SNFCA:PastDue90OrMoreDaysMember 2020-01-01 2020-12-31 0000318673 SNFCA:PastDue90OrMoreDaysMember 2020-01-01 2020-12-31 0000318673 us-gaap:CommercialLoanMember SNFCA:InForeclosureMember 2020-01-01 2020-12-31 0000318673 us-gaap:ResidentialMortgageMember SNFCA:InForeclosureMember 2020-01-01 2020-12-31 0000318673 SNFCA:ResidentialConstructionMember SNFCA:InForeclosureMember 2020-01-01 2020-12-31 0000318673 SNFCA:InForeclosureMember 2020-01-01 2020-12-31 0000318673 us-gaap:CommercialLoanMember SNFCA:TotalPastDueMember 2020-01-01 2020-12-31 0000318673 us-gaap:ResidentialMortgageMember SNFCA:TotalPastDueMember 2020-01-01 2020-12-31 0000318673 SNFCA:ResidentialConstructionMember SNFCA:TotalPastDueMember 2020-01-01 2020-12-31 0000318673 SNFCA:TotalPastDueMember 2020-01-01 2020-12-31 0000318673 us-gaap:CommercialLoanMember SNFCA:CurrentMember 2020-01-01 2020-12-31 0000318673 us-gaap:ResidentialMortgageMember SNFCA:CurrentMember 2020-01-01 2020-12-31 0000318673 SNFCA:ResidentialConstructionMember SNFCA:CurrentMember 2020-01-01 2020-12-31 0000318673 SNFCA:CurrentMember 2020-01-01 2020-12-31 0000318673 us-gaap:CommercialLoanMember SNFCA:NetMortgageLoansMember 2020-01-01 2020-12-31 0000318673 us-gaap:ResidentialMortgageMember SNFCA:NetMortgageLoansMember 2020-01-01 2020-12-31 0000318673 SNFCA:ResidentialConstructionMember SNFCA:NetMortgageLoansMember 2020-01-01 2020-12-31 0000318673 SNFCA:NetMortgageLoansMember 2020-01-01 2020-12-31 0000318673 SNFCA:TotalMember us-gaap:CommercialLoanMember 2021-12-31 0000318673 SNFCA:TotalMember us-gaap:CommercialLoanMember 2021-01-01 2021-12-31 0000318673 SNFCA:TotalMember us-gaap:ResidentialMortgageMember 2021-12-31 0000318673 SNFCA:TotalMember us-gaap:ResidentialMortgageMember 2021-01-01 2021-12-31 0000318673 SNFCA:TotalMember SNFCA:ResidentialConstructionMember 2021-12-31 0000318673 SNFCA:TotalMember SNFCA:ResidentialConstructionMember 2021-01-01 2021-12-31 0000318673 SNFCA:TotalMember us-gaap:CommercialLoanMember 2020-12-31 0000318673 SNFCA:TotalMember us-gaap:CommercialLoanMember 2020-01-01 2020-12-31 0000318673 SNFCA:TotalMember us-gaap:ResidentialMortgageMember 2020-12-31 0000318673 SNFCA:TotalMember us-gaap:ResidentialMortgageMember 2020-01-01 2020-12-31 0000318673 SNFCA:TotalMember SNFCA:ResidentialConstructionMember 2020-12-31 0000318673 SNFCA:TotalMember SNFCA:ResidentialConstructionMember 2020-01-01 2020-12-31 0000318673 SNFCA:PerformingFinancingReceivable1Member us-gaap:CommercialLoanMember 2021-12-31 0000318673 SNFCA:PerformingFinancingReceivable1Member us-gaap:CommercialLoanMember 2020-12-31 0000318673 SNFCA:PerformingFinancingReceivable1Member us-gaap:ResidentialMortgageMember 2021-12-31 0000318673 SNFCA:PerformingFinancingReceivable1Member us-gaap:ResidentialMortgageMember 2020-12-31 0000318673 SNFCA:PerformingFinancingReceivable1Member SNFCA:ResidentialConstructionMember 2021-12-31 0000318673 SNFCA:PerformingFinancingReceivable1Member SNFCA:ResidentialConstructionMember 2020-12-31 0000318673 SNFCA:PerformingFinancingReceivable1Member 2021-12-31 0000318673 SNFCA:PerformingFinancingReceivable1Member 2020-12-31 0000318673 SNFCA:NonperformingFinancingReceivable1Member us-gaap:CommercialLoanMember 2021-12-31 0000318673 SNFCA:NonperformingFinancingReceivable1Member us-gaap:CommercialLoanMember 2020-12-31 0000318673 SNFCA:NonperformingFinancingReceivable1Member us-gaap:ResidentialMortgageMember 2021-12-31 0000318673 SNFCA:NonperformingFinancingReceivable1Member us-gaap:ResidentialMortgageMember 2020-12-31 0000318673 SNFCA:NonperformingFinancingReceivable1Member SNFCA:ResidentialConstructionMember 2021-12-31 0000318673 SNFCA:NonperformingFinancingReceivable1Member SNFCA:ResidentialConstructionMember 2020-12-31 0000318673 SNFCA:NonperformingFinancingReceivable1Member 2021-12-31 0000318673 SNFCA:NonperformingFinancingReceivable1Member 2020-12-31 0000318673 SNFCA:PerformingAndNonPerformingMember us-gaap:CommercialLoanMember 2021-12-31 0000318673 SNFCA:PerformingAndNonPerformingMember us-gaap:CommercialLoanMember 2020-12-31 0000318673 SNFCA:PerformingAndNonPerformingMember us-gaap:ResidentialMortgageMember 2021-12-31 0000318673 SNFCA:PerformingAndNonPerformingMember us-gaap:ResidentialMortgageMember 2020-12-31 0000318673 SNFCA:PerformingAndNonPerformingMember SNFCA:ResidentialConstructionMember 2021-12-31 0000318673 SNFCA:PerformingAndNonPerformingMember SNFCA:ResidentialConstructionMember 2020-12-31 0000318673 SNFCA:PerformingAndNonPerformingMember 2021-12-31 0000318673 SNFCA:PerformingAndNonPerformingMember 2020-12-31 0000318673 us-gaap:ResidentialMortgageMember 2021-12-31 0000318673 SNFCA:ResidentialConstructionMember 2021-12-31 0000318673 SNFCA:CommercialMember 2021-12-31 0000318673 SNFCA:YearTwoThousandAndTwentyTwoMember 2021-01-01 2021-12-31 0000318673 SNFCA:YearTwoThousandAndTwentyThreeMember 2021-01-01 2021-12-31 0000318673 SNFCA:YearTwoThousandAndTwentyFourMember 2021-01-01 2021-12-31 0000318673 SNFCA:YearTwoThousandAndTwentyFiveMember 2021-01-01 2021-12-31 0000318673 SNFCA:YearTwoThousandAndTwentySixAndTwentySevenMember 2021-01-01 2021-12-31 0000318673 us-gaap:TradeNamesMember 2021-01-01 2021-12-31 0000318673 us-gaap:TradeNamesMember 2021-12-31 0000318673 us-gaap:TradeNamesMember 2020-12-31 0000318673 us-gaap:CustomerListsMember 2021-01-01 2021-12-31 0000318673 us-gaap:CustomerListsMember 2021-12-31 0000318673 us-gaap:CustomerListsMember 2020-12-31 0000318673 SNFCA:TradeNamesTwoMember 2021-01-01 2021-12-31 0000318673 SNFCA:TradeNamesTwoMember 2021-12-31 0000318673 SNFCA:TradeNamesTwoMember 2020-12-31 0000318673 SNFCA:OtherMember 2021-01-01 2021-12-31 0000318673 SNFCA:OtherMember 2021-12-31 0000318673 SNFCA:OtherMember 2020-12-31 0000318673 SNFCA:LifeInsuranceMember 2019-12-31 0000318673 SNFCA:CemeteryMortuaryMember 2019-12-31 0000318673 SNFCA:LifeInsuranceMember 2020-12-31 0000318673 SNFCA:CemeteryMortuaryMember 2020-12-31 0000318673 SNFCA:LifeInsuranceMember 2021-12-31 0000318673 SNFCA:CemeteryMortuaryMember 2021-12-31 0000318673 us-gaap:LandAndBuildingMember 2021-12-31 0000318673 us-gaap:LandAndBuildingMember 2020-12-31 0000318673 us-gaap:FurnitureAndFixturesMember 2021-12-31 0000318673 us-gaap:FurnitureAndFixturesMember 2020-12-31 0000318673 us-gaap:BuildingMember 2021-12-31 0000318673 us-gaap:BuildingMember 2020-12-31 0000318673 SNFCA:NotePayable1Member 2021-12-31 0000318673 SNFCA:NotePayable1Member 2020-12-31 0000318673 SNFCA:NotePayable2Member 2021-12-31 0000318673 SNFCA:NotePayable2Member 2020-12-31 0000318673 SNFCA:NotePayable3Member 2021-12-31 0000318673 SNFCA:NotePayable3Member 2020-12-31 0000318673 SNFCA:NotePayable4Member 2021-12-31 0000318673 SNFCA:NotePayable4Member 2020-12-31 0000318673 SNFCA:NotePayable5Member 2021-12-31 0000318673 SNFCA:NotePayable5Member 2020-12-31 0000318673 SNFCA:NotePayable6Member 2021-12-31 0000318673 SNFCA:NotePayable6Member 2020-12-31 0000318673 SNFCA:NotePayable7Member 2021-12-31 0000318673 SNFCA:NotePayable7Member 2020-12-31 0000318673 SNFCA:NotePayable8Member 2021-12-31 0000318673 SNFCA:NotePayable8Member 2020-12-31 0000318673 SNFCA:NotePayable9Member 2021-12-31 0000318673 SNFCA:NotePayable9Member 2020-12-31 0000318673 SNFCA:NotePayable10Member 2021-12-31 0000318673 SNFCA:NotePayable10Member 2020-12-31 0000318673 SNFCA:NotePayable11Member 2021-12-31 0000318673 SNFCA:NotePayable11Member 2020-12-31 0000318673 SNFCA:NotePayable12Member 2021-12-31 0000318673 SNFCA:NotePayable12Member 2020-12-31 0000318673 SNFCA:OtherShortTermBorrowingsMember 2021-12-31 0000318673 SNFCA:OtherShortTermBorrowingsMember 2020-12-31 0000318673 SNFCA:OtherLoansPayableMember 2021-12-31 0000318673 SNFCA:OtherLoansPayableMember 2020-12-31 0000318673 SNFCA:NotePayable4Member 2021-01-01 2021-12-31 0000318673 SNFCA:NotePayable4Member 2020-01-01 2020-12-31 0000318673 SNFCA:NotePayable5Member 2021-01-01 2021-12-31 0000318673 SNFCA:NotePayable5Member 2020-01-01 2020-12-31 0000318673 SNFCA:NotePayable8Member 2021-01-01 2021-12-31 0000318673 SNFCA:NotePayable8Member 2020-01-01 2020-12-31 0000318673 SNFCA:NotePayable9Member 2021-01-01 2021-12-31 0000318673 SNFCA:NotePayable9Member 2020-01-01 2020-12-31 0000318673 SNFCA:NotePayable10Member 2021-01-01 2021-12-31 0000318673 SNFCA:NotePayable10Member 2020-01-01 2020-12-31 0000318673 SNFCA:NotePayable11Member 2021-01-01 2021-12-31 0000318673 SNFCA:NotePayable11Member 2020-01-01 2020-12-31 0000318673 SNFCA:NotePayable12Member 2021-01-01 2021-12-31 0000318673 SNFCA:NotePayable12Member 2020-01-01 2020-12-31 0000318673 SNFCA:FHLBMember 2021-12-31 0000318673 SNFCA:FHLBMember 2020-12-31 0000318673 srt:MinimumMember SNFCA:FHLBMember 2021-12-31 0000318673 SNFCA:KilpatrickLifeInsuranceCompanyMember SNFCA:FHLBMember 2021-12-31 0000318673 SNFCA:KilpatrickLifeInsuranceCompanyMember SNFCA:FHLBMember 2020-12-31 0000318673 SNFCA:KilpatrickLifeInsuranceCompanyMember 2021-12-31 0000318673 SNFCA:KilpatrickLifeInsuranceCompanyMember 2020-12-31 0000318673 SNFCA:BankMember 2021-12-31 0000318673 SNFCA:BankMember 2021-01-01 2021-12-31 0000318673 SNFCA:Bank1Member 2021-12-31 0000318673 SNFCA:Bank1Member 2021-01-01 2021-12-31 0000318673 SNFCA:MortgageWarehouseLineOfCredit1Member 2021-01-01 2021-12-31 0000318673 SNFCA:MortgageWarehouseLineOfCredit1Member 2021-12-31 0000318673 srt:MaximumMember SNFCA:MortgageWarehouseLineOfCreditTwoMember SNFCA:Bank1Member 2021-12-31 0000318673 SNFCA:MortgageWarehouseLineOfCreditTwoMember 2021-01-01 2021-12-31 0000318673 SNFCA:MortgageWarehouseLineOfCreditTwoMember 2021-12-31 0000318673 srt:MaximumMember SNFCA:MortgageWarehouseLineOfCreditThreeMember 2021-12-31 0000318673 SNFCA:MortgageWarehouseLineOfCreditThreeMember 2021-01-01 2021-12-31 0000318673 SNFCA:MortgageWarehouseLineOfCreditThreeMember 2021-12-31 0000318673 srt:MaximumMember SNFCA:MortgageWarehouseLineOfCreditFourMember 2021-12-31 0000318673 SNFCA:MortgageWarehouseLineOfCreditFourMember 2021-01-01 2021-12-31 0000318673 SNFCA:MortgageWarehouseLineOfCreditFourMember 2021-12-31 0000318673 SNFCA:DueInYearOneMember 2021-12-31 0000318673 SNFCA:DueInYearTwoMember 2021-12-31 0000318673 SNFCA:DueInYearThreeMember 2021-12-31 0000318673 SNFCA:DueInYearFourMember 2021-12-31 0000318673 SNFCA:DueInYearFiveMember 2021-12-31 0000318673 SNFCA:DueInThereafterMember 2021-12-31 0000318673 SNFCA:CemeteryPerpectualCareOblicationMember 2021-12-31 0000318673 SNFCA:CemeteryPerpectualCareOblicationMember 2020-12-31 0000318673 SNFCA:RestrictedAssetsMember 2021-12-31 0000318673 SNFCA:RestrictedAssetsMember 2020-12-31 0000318673 SNFCA:SecurityNationalLifeInsuranceMember 2020-01-01 2020-12-31 0000318673 SNFCA:SecurityNationalLifeInsuranceMember 2021-12-31 0000318673 SNFCA:SecurityNationalLifeInsuranceMember 2020-12-31 0000318673 SNFCA:YearOfExpiration2022Member 2021-12-31 0000318673 SNFCA:YearOfExpiration2023Member 2021-12-31 0000318673 SNFCA:YearOfExpiration2024Member 2021-12-31 0000318673 SNFCA:YearOfExpiration2025Member 2021-12-31 0000318673 SNFCA:YearOfExpiration2026Member 2021-12-31 0000318673 SNFCA:YearOfExpirationThereafterUpThrough2037Member 2021-12-31 0000318673 SNFCA:IndefiniteCarryforwardsMember 2021-12-31 0000318673 srt:MinimumMember us-gaap:LoansMember 2021-12-31 0000318673 srt:MaximumMember us-gaap:LoansMember 2021-12-31 0000318673 SNFCA:EmployeeStockOwnershipPlanESOPPlanMember 2021-01-01 2021-12-31 0000318673 SNFCA:EmployeeStockOwnershipPlanESOPPlanMember 2020-01-01 2020-12-31 0000318673 srt:ExecutiveOfficerMember SNFCA:EmployeeStockOwnershipPlanESOPPlanMember 2020-01-01 2020-12-31 0000318673 SNFCA:EmployeeStockOwnershipPlanESOPPlanMember 2021-12-31 0000318673 SNFCA:EmployeeStockOwnershipPlanESOPPlanMember 2020-12-31 0000318673 us-gaap:EmployeeStockOptionMember 2021-01-01 2021-12-31 0000318673 us-gaap:EmployeeStockOptionMember 2020-01-01 2020-12-31 0000318673 us-gaap:CommonClassAMember 2019-12-31 0000318673 us-gaap:CommonClassCMember 2019-12-31 0000318673 us-gaap:CommonClassAMember 2020-01-01 2020-12-31 0000318673 us-gaap:CommonClassCMember 2020-01-01 2020-12-31 0000318673 us-gaap:CommonClassAMember 2021-01-01 2021-12-31 0000318673 us-gaap:CommonClassCMember 2021-01-01 2021-12-31 0000318673 SNFCA:OptionPlansMember 2021-01-01 2021-12-31 0000318673 SNFCA:OptionPlansMember 2020-01-01 2020-12-31 0000318673 SNFCA:AllPlansDecemberThreeTwentyTwentyOneMember 2021-01-01 2021-12-31 0000318673 SNFCA:AllPlansMarchTwentySevenTwentyTwentyMember 2021-01-01 2021-12-31 0000318673 SNFCA:SecurityNationalLifeInsuranceMember 2021-01-01 2021-12-31 0000318673 SNFCA:SecurityNationalLifeInsuranceMember 2020-01-01 2020-12-31 0000318673 SNFCA:SecurityNationalLifeInsuranceMember 2021-12-31 0000318673 SNFCA:SecurityNationalLifeInsuranceMember 2020-12-31 0000318673 SNFCA:KilpatrickLifeInsuranceCompanyMember 2021-01-01 2021-12-31 0000318673 SNFCA:KilpatrickLifeInsuranceCompanyMember 2020-01-01 2020-12-31 0000318673 SNFCA:KilpatrickLifeInsuranceCompanyMember 2021-12-31 0000318673 SNFCA:KilpatrickLifeInsuranceCompanyMember 2020-12-31 0000318673 SNFCA:FirstGuarantyInsuranceCompanyMember 2021-01-01 2021-12-31 0000318673 SNFCA:FirstGuarantyInsuranceCompanyMember 2020-01-01 2020-12-31 0000318673 SNFCA:FirstGuarantyInsuranceCompanyMember 2021-12-31 0000318673 SNFCA:FirstGuarantyInsuranceCompanyMember 2020-12-31 0000318673 SNFCA:MemorialInsuranceCompanyOfAmericaMember 2021-01-01 2021-12-31 0000318673 SNFCA:MemorialInsuranceCompanyOfAmericaMember 2020-01-01 2020-12-31 0000318673 SNFCA:MemorialInsuranceCompanyOfAmericaMember 2021-12-31 0000318673 SNFCA:MemorialInsuranceCompanyOfAmericaMember 2020-12-31 0000318673 SNFCA:SouthernSecurityLifeInsuranceCompanyIncMember 2021-01-01 2021-12-31 0000318673 SNFCA:SouthernSecurityLifeInsuranceCompanyIncMember 2020-01-01 2020-12-31 0000318673 SNFCA:SouthernSecurityLifeInsuranceCompanyIncMember 2021-12-31 0000318673 SNFCA:SouthernSecurityLifeInsuranceCompanyIncMember 2020-12-31 0000318673 SNFCA:TransWesternLifeInsuranceCompanyMember 2021-01-01 2021-12-31 0000318673 SNFCA:TransWesternLifeInsuranceCompanyMember 2020-01-01 2020-12-31 0000318673 SNFCA:TransWesternLifeInsuranceCompanyMember 2021-12-31 0000318673 SNFCA:TransWesternLifeInsuranceCompanyMember 2020-12-31 0000318673 SNFCA:LifeInsuranceSegmentsMember 2021-01-01 2021-12-31 0000318673 SNFCA:CemeteryAndMortuaryMember 2021-01-01 2021-12-31 0000318673 SNFCA:MortgageMember 2021-01-01 2021-12-31 0000318673 SNFCA:IntercompanyEliminationsMember 2021-01-01 2021-12-31 0000318673 SNFCA:ConsolidatedMember 2021-01-01 2021-12-31 0000318673 SNFCA:LifeInsuranceSegmentsMember 2021-12-31 0000318673 SNFCA:CemeteryAndMortuaryMember 2021-12-31 0000318673 SNFCA:MortgageMember 2021-12-31 0000318673 SNFCA:IntercompanyEliminationsMember 2021-12-31 0000318673 SNFCA:ConsolidatedMember 2021-12-31 0000318673 SNFCA:LifeInsuranceSegmentsMember 2020-01-01 2020-12-31 0000318673 SNFCA:CemeteryAndMortuaryMember 2020-01-01 2020-12-31 0000318673 SNFCA:MortgageMember 2020-01-01 2020-12-31 0000318673 SNFCA:IntercompanyEliminationsMember 2020-01-01 2020-12-31 0000318673 SNFCA:ConsolidatedMember 2020-01-01 2020-12-31 0000318673 SNFCA:LifeInsuranceSegmentsMember 2020-12-31 0000318673 SNFCA:CemeteryAndMortuaryMember 2020-12-31 0000318673 SNFCA:MortgageMember 2020-12-31 0000318673 SNFCA:IntercompanyEliminationsMember 2020-12-31 0000318673 SNFCA:ConsolidatedMember 2020-12-31 0000318673 us-gaap:FairValueInputsLevel1Member 2021-12-31 0000318673 us-gaap:FairValueInputsLevel2Member 2021-12-31 0000318673 us-gaap:FairValueInputsLevel3Member 2021-12-31 0000318673 us-gaap:FairValueInputsLevel1Member 2020-12-31 0000318673 us-gaap:FairValueInputsLevel2Member 2020-12-31 0000318673 us-gaap:FairValueInputsLevel3Member 2020-12-31 0000318673 SNFCA:LoansHeldForSale1Member 2021-12-31 0000318673 SNFCA:LoansHeldForSale1Member 2021-01-01 2021-12-31 0000318673 SNFCA:NetDerivativesLoanCommitmentsMember 2021-12-31 0000318673 SNFCA:NetDerivativesLoanCommitmentsMember 2021-01-01 2021-12-31 0000318673 SNFCA:FixedMaturitySecuritiesAvailableForSale1Member 2021-12-31 0000318673 SNFCA:FixedMaturitySecuritiesAvailableForSale1Member 2021-01-01 2021-12-31 0000318673 SNFCA:LoansHeldForSale1Member 2020-12-31 0000318673 SNFCA:LoansHeldForSale1Member 2020-01-01 2020-12-31 0000318673 SNFCA:NetDerivativesLoanCommitmentsMember 2020-12-31 0000318673 SNFCA:NetDerivativesLoanCommitmentsMember 2020-01-01 2020-12-31 0000318673 SNFCA:FixedMaturitySecuritiesAvailableForSale1Member 2020-12-31 0000318673 SNFCA:FixedMaturitySecuritiesAvailableForSale1Member 2020-01-01 2020-12-31 0000318673 SNFCA:NetDerivativesLoanCommitmentsMember 2019-12-31 0000318673 SNFCA:LoansHeldForSale1Member 2019-12-31 0000318673 SNFCA:FixedMaturitySecuritiesAvailableForSale1Member 2019-12-31 0000318673 us-gaap:FairValueInputsLevel1Member us-gaap:ResidentialMortgageMember 2021-12-31 0000318673 us-gaap:FairValueInputsLevel2Member us-gaap:ResidentialMortgageMember 2021-12-31 0000318673 us-gaap:FairValueInputsLevel3Member us-gaap:ResidentialMortgageMember 2021-12-31 0000318673 us-gaap:FairValueInputsLevel1Member SNFCA:ResidentialConstructionMember 2021-12-31 0000318673 us-gaap:FairValueInputsLevel2Member SNFCA:ResidentialConstructionMember 2021-12-31 0000318673 us-gaap:FairValueInputsLevel2Member us-gaap:FairValueInputsLevel3Member 2021-12-31 0000318673 us-gaap:FairValueInputsLevel1Member us-gaap:CommercialLoanMember 2021-12-31 0000318673 us-gaap:FairValueInputsLevel2Member us-gaap:CommercialLoanMember 2021-12-31 0000318673 us-gaap:FairValueInputsLevel3Member us-gaap:CommercialLoanMember 2021-12-31 0000318673 SNFCA:MortgageLoansNet1Member 2021-12-31 0000318673 us-gaap:FairValueInputsLevel1Member SNFCA:MortgageLoansNet1Member 2021-12-31 0000318673 us-gaap:FairValueInputsLevel2Member SNFCA:MortgageLoansNet1Member 2021-12-31 0000318673 us-gaap:FairValueInputsLevel3Member SNFCA:MortgageLoansNet1Member 2021-12-31 0000318673 SNFCA:PolicyLoanMember 2021-12-31 0000318673 us-gaap:FairValueInputsLevel1Member SNFCA:PolicyLoanMember 2021-12-31 0000318673 us-gaap:FairValueInputsLevel2Member SNFCA:PolicyLoanMember 2021-12-31 0000318673 us-gaap:FairValueInputsLevel3Member SNFCA:PolicyLoanMember 2021-12-31 0000318673 SNFCA:InsuranceAssignmentsMember 2021-12-31 0000318673 us-gaap:FairValueInputsLevel1Member SNFCA:InsuranceAssignmentsMember 2021-12-31 0000318673 us-gaap:FairValueInputsLevel2Member SNFCA:InsuranceAssignmentsMember 2021-12-31 0000318673 us-gaap:FairValueInputsLevel3Member SNFCA:InsuranceAssignmentsMember 2021-12-31 0000318673 SNFCA:RestrictedAssets1Member 2021-12-31 0000318673 us-gaap:FairValueInputsLevel1Member SNFCA:RestrictedAssets1Member 2021-12-31 0000318673 us-gaap:FairValueInputsLevel2Member SNFCA:RestrictedAssets1Member 2021-12-31 0000318673 us-gaap:FairValueInputsLevel3Member SNFCA:RestrictedAssets1Member 2021-12-31 0000318673 SNFCA:CemeteryPerpetualCareTrustInvestments2Member 2021-12-31 0000318673 us-gaap:FairValueInputsLevel1Member SNFCA:CemeteryPerpetualCareTrustInvestments2Member 2021-12-31 0000318673 us-gaap:FairValueInputsLevel2Member SNFCA:CemeteryPerpetualCareTrustInvestments2Member 2021-12-31 0000318673 us-gaap:FairValueInputsLevel3Member SNFCA:CemeteryPerpetualCareTrustInvestments2Member 2021-12-31 0000318673 SNFCA:MortgageServicingRightsMember 2021-12-31 0000318673 us-gaap:FairValueInputsLevel1Member SNFCA:MortgageServicingRightsMember 2021-12-31 0000318673 us-gaap:FairValueInputsLevel2Member SNFCA:MortgageServicingRightsMember 2021-12-31 0000318673 us-gaap:FairValueInputsLevel3Member SNFCA:MortgageServicingRightsMember 2021-12-31 0000318673 SNFCA:BankAndOtherLoansPayableMember 2021-12-31 0000318673 us-gaap:FairValueInputsLevel1Member SNFCA:BankAndOtherLoansPayableMember 2021-12-31 0000318673 us-gaap:FairValueInputsLevel2Member SNFCA:BankAndOtherLoansPayableMember 2021-12-31 0000318673 us-gaap:FairValueInputsLevel3Member SNFCA:BankAndOtherLoansPayableMember 2021-12-31 0000318673 SNFCA:PolicyholderAccountBalancesMember 2021-12-31 0000318673 us-gaap:FairValueInputsLevel1Member SNFCA:PolicyholderAccountBalancesMember 2021-12-31 0000318673 us-gaap:FairValueInputsLevel2Member SNFCA:PolicyholderAccountBalancesMember 2021-12-31 0000318673 us-gaap:FairValueInputsLevel3Member SNFCA:PolicyholderAccountBalancesMember 2021-12-31 0000318673 SNFCA:FuturePolicyBenefitsAnnuitiesMember 2021-12-31 0000318673 us-gaap:FairValueInputsLevel1Member SNFCA:FuturePolicyBenefitsAnnuitiesMember 2021-12-31 0000318673 us-gaap:FairValueInputsLevel2Member SNFCA:FuturePolicyBenefitsAnnuitiesMember 2021-12-31 0000318673 us-gaap:FairValueInputsLevel3Member SNFCA:FuturePolicyBenefitsAnnuitiesMember 2021-12-31 0000318673 us-gaap:FairValueInputsLevel1Member us-gaap:ResidentialMortgageMember 2020-12-31 0000318673 us-gaap:FairValueInputsLevel2Member us-gaap:ResidentialMortgageMember 2020-12-31 0000318673 us-gaap:FairValueInputsLevel3Member us-gaap:ResidentialMortgageMember 2020-12-31 0000318673 us-gaap:FairValueInputsLevel1Member SNFCA:ResidentialConstructionMember 2020-12-31 0000318673 us-gaap:FairValueInputsLevel2Member SNFCA:ResidentialConstructionMember 2020-12-31 0000318673 us-gaap:FairValueInputsLevel2Member us-gaap:FairValueInputsLevel3Member 2020-12-31 0000318673 us-gaap:FairValueInputsLevel1Member us-gaap:CommercialLoanMember 2020-12-31 0000318673 us-gaap:FairValueInputsLevel2Member us-gaap:CommercialLoanMember 2020-12-31 0000318673 us-gaap:FairValueInputsLevel3Member us-gaap:CommercialLoanMember 2020-12-31 0000318673 SNFCA:MortgageLoansNet1Member 2020-12-31 0000318673 us-gaap:FairValueInputsLevel1Member SNFCA:MortgageLoansNet1Member 2020-12-31 0000318673 us-gaap:FairValueInputsLevel2Member SNFCA:MortgageLoansNet1Member 2020-12-31 0000318673 us-gaap:FairValueInputsLevel3Member SNFCA:MortgageLoansNet1Member 2020-12-31 0000318673 SNFCA:PolicyLoanMember 2020-12-31 0000318673 us-gaap:FairValueInputsLevel1Member SNFCA:PolicyLoanMember 2020-12-31 0000318673 us-gaap:FairValueInputsLevel2Member SNFCA:PolicyLoanMember 2020-12-31 0000318673 us-gaap:FairValueInputsLevel3Member SNFCA:PolicyLoanMember 2020-12-31 0000318673 SNFCA:InsuranceAssignmentsMember 2020-12-31 0000318673 us-gaap:FairValueInputsLevel1Member SNFCA:InsuranceAssignmentsMember 2020-12-31 0000318673 us-gaap:FairValueInputsLevel2Member SNFCA:InsuranceAssignmentsMember 2020-12-31 0000318673 us-gaap:FairValueInputsLevel3Member SNFCA:InsuranceAssignmentsMember 2020-12-31 0000318673 SNFCA:RestrictedAssets1Member 2020-12-31 0000318673 us-gaap:FairValueInputsLevel1Member SNFCA:RestrictedAssets1Member 2020-12-31 0000318673 us-gaap:FairValueInputsLevel2Member SNFCA:RestrictedAssets1Member 2020-12-31 0000318673 us-gaap:FairValueInputsLevel3Member SNFCA:RestrictedAssets1Member 2020-12-31 0000318673 SNFCA:CemeteryPerpetualCareTrustInvestments2Member 2020-12-31 0000318673 us-gaap:FairValueInputsLevel1Member SNFCA:CemeteryPerpetualCareTrustInvestments2Member 2020-12-31 0000318673 us-gaap:FairValueInputsLevel2Member SNFCA:CemeteryPerpetualCareTrustInvestments2Member 2020-12-31 0000318673 us-gaap:FairValueInputsLevel3Member SNFCA:CemeteryPerpetualCareTrustInvestments2Member 2020-12-31 0000318673 SNFCA:MortgageServicingRightsMember 2020-12-31 0000318673 us-gaap:FairValueInputsLevel1Member SNFCA:MortgageServicingRightsMember 2020-12-31 0000318673 us-gaap:FairValueInputsLevel2Member SNFCA:MortgageServicingRightsMember 2020-12-31 0000318673 us-gaap:FairValueInputsLevel3Member SNFCA:MortgageServicingRightsMember 2020-12-31 0000318673 SNFCA:BankAndOtherLoansPayableMember 2020-12-31 0000318673 us-gaap:FairValueInputsLevel1Member SNFCA:BankAndOtherLoansPayableMember 2020-12-31 0000318673 us-gaap:FairValueInputsLevel2Member SNFCA:BankAndOtherLoansPayableMember 2020-12-31 0000318673 us-gaap:FairValueInputsLevel3Member SNFCA:BankAndOtherLoansPayableMember 2020-12-31 0000318673 SNFCA:PolicyholderAccountBalancesMember 2020-12-31 0000318673 us-gaap:FairValueInputsLevel1Member SNFCA:PolicyholderAccountBalancesMember 2020-12-31 0000318673 us-gaap:FairValueInputsLevel2Member SNFCA:PolicyholderAccountBalancesMember 2020-12-31 0000318673 us-gaap:FairValueInputsLevel3Member SNFCA:PolicyholderAccountBalancesMember 2020-12-31 0000318673 SNFCA:FuturePolicyBenefitsAnnuitiesMember 2020-12-31 0000318673 us-gaap:FairValueInputsLevel1Member SNFCA:FuturePolicyBenefitsAnnuitiesMember 2020-12-31 0000318673 us-gaap:FairValueInputsLevel2Member SNFCA:FuturePolicyBenefitsAnnuitiesMember 2020-12-31 0000318673 us-gaap:FairValueInputsLevel3Member SNFCA:FuturePolicyBenefitsAnnuitiesMember 2020-12-31 0000318673 SNFCA:LoanCommitmentsMember 2021-12-31 0000318673 SNFCA:LoanCommitmentsMember 2020-12-31 0000318673 SNFCA:CallOptionsMember 2021-12-31 0000318673 SNFCA:CallOptionsMember 2020-12-31 0000318673 SNFCA:PutOptionsMember 2021-12-31 0000318673 SNFCA:PutOptionsMember 2020-12-31 0000318673 SNFCA:LoanCommitmentsMember 2021-01-01 2021-12-31 0000318673 SNFCA:LoanCommitmentsMember 2020-01-01 2020-12-31 0000318673 SNFCA:CallAndPutOptionsMember 2021-01-01 2021-12-31 0000318673 SNFCA:CallAndPutOptionsMember 2020-01-01 2020-12-31 0000318673 SNFCA:RiveraFuneralsCremationsAndMemorialGardensMember 2021-12-31 0000318673 SNFCA:RiveraFuneralsCremationsAndMemorialGardensMember 2021-01-01 2021-12-31 0000318673 srt:MaximumMember SNFCA:RiveraFuneralsCremationsAndMemorialGardensMember 2021-12-31 0000318673 SNFCA:RiveraFuneralsCremationsAndMemorialGardensMember 2020-01-01 2020-12-31 0000318673 SNFCA:HolbrookMortuaryMember 2021-01-01 2021-12-31 0000318673 SNFCA:HolbrookMortuaryMember 2020-01-01 2020-12-31 0000318673 SNFCA:RiveraFuneralsCremationsAndMemorialGardensMember us-gaap:FairValueInputsLevel2Member 2021-12-31 0000318673 SNFCA:HolbrookMortuaryMember 2021-12-31 0000318673 SNFCA:MortgageServicingRightsMember 2021-12-31 0000318673 SNFCA:ContractualServicingFeesMember 2021-01-01 2021-12-31 0000318673 SNFCA:ContractualServicingFeesMember 2020-01-01 2020-12-31 0000318673 SNFCA:LateFeesMember 2021-01-01 2021-12-31 0000318673 SNFCA:LateFeesMember 2020-01-01 2020-12-31 0000318673 us-gaap:LifeInsuranceSegmentMember 2021-12-31 0000318673 us-gaap:LifeInsuranceSegmentMember 2020-12-31 0000318673 us-gaap:FixedAnnuityMember 2021-12-31 0000318673 us-gaap:FixedAnnuityMember 2020-12-31 0000318673 SNFCA:PolicyholderAccountBalancesMember 2021-12-31 0000318673 SNFCA:PolicyholderAccountBalancesMember 2020-12-31 0000318673 SNFCA:AccidentAndHealthMember 2021-12-31 0000318673 SNFCA:AccidentAndHealthMember 2020-12-31 0000318673 SNFCA:OtherPolicyholderFundsMember 2021-12-31 0000318673 SNFCA:OtherPolicyholderFundsMember 2020-12-31 0000318673 SNFCA:ReportedButUnpaidClaimsMember 2021-12-31 0000318673 SNFCA:ReportedButUnpaidClaimsMember 2020-12-31 0000318673 SNFCA:IncurredButNotReportedClaimsMember 2021-12-31 0000318673 SNFCA:IncurredButNotReportedClaimsMember 2020-12-31 0000318673 SNFCA:PreNeedMerchandiseAndServiceRevenueMember 2021-12-31 0000318673 SNFCA:PreNeedMerchandiseAndServiceRevenueMember 2020-12-31 0000318673 SNFCA:AtNeedSpecialtyMerchandiseRevenueMember 2021-12-31 0000318673 SNFCA:AtNeedSpecialtyMerchandiseRevenueMember 2020-12-31 0000318673 SNFCA:DeferredPreNeedLandRevenueMember 2021-12-31 0000318673 SNFCA:DeferredPreNeedLandRevenueMember 2020-12-31 0000318673 SNFCA:PreNeedMerchandiseAndServicesMember 2020-12-31 0000318673 SNFCA:AtNeedSpecialtyMerchandiseMember 2020-12-31 0000318673 SNFCA:PreNeedLandSalesMember 2020-12-31 0000318673 SNFCA:PreNeedMerchandiseAndServicesMember 2021-12-31 0000318673 SNFCA:AtNeedSpecialtyMerchandiseMember 2021-12-31 0000318673 SNFCA:PreNeedLandSalesMember 2021-12-31 0000318673 SNFCA:PreNeedMerchandiseAndServicesMember 2019-12-31 0000318673 SNFCA:AtNeedSpecialtyMerchandiseMember 2019-12-31 0000318673 SNFCA:PreNeedLandSalesMember 2019-12-31 0000318673 SNFCA:MajorGoodsOrServicesLinesAtNeedMember 2021-01-01 2021-12-31 0000318673 SNFCA:MajorGoodsOrServicesLinesAtNeedMember 2020-01-01 2020-12-31 0000318673 SNFCA:MajorGoodsOrServicesLinesPreNeedMember 2021-01-01 2021-12-31 0000318673 SNFCA:MajorGoodsOrServicesLinesPreNeedMember 2020-01-01 2020-12-31 0000318673 SNFCA:TimingOfRevenueRecognitionGoodsTransferredAtAPointInTimeMember 2021-01-01 2021-12-31 0000318673 SNFCA:TimingOfRevenueRecognitionGoodsTransferredAtAPointInTimeMember 2020-01-01 2020-12-31 0000318673 SNFCA:TimingOfRevenueRecognitionServicesTransferredAtAPointInTimeMember 2021-01-01 2021-12-31 0000318673 SNFCA:TimingOfRevenueRecognitionServicesTransferredAtAPointInTimeMember 2020-01-01 2020-12-31 iso4217:USD shares iso4217:USD shares utr:sqft pure 0000318673 false FY P3Y 10-K true 2021-12-31 --12-31 2021 false 000-09341 SECURITY NATIONAL FINANCIAL CORPORATION UT 87-0345941 433 West Ascension Way Salt Lake City UT 84123 (801) 264-1060 Class A Common Stock SNFCA NASDAQ No No Yes Yes Non-accelerated Filer true false false 67000000 17692445 2866565 None. 34 Deloitte & Touche LLP Salt Lake City, UT 236303310 265150484 259287603 294656679 8275772 9698490 11596414 11324239 1699902 2005127 277306046 249343936 17692038 13800973 197365797 131684453 3731300 7878807 1686218 1645475 67955155 73696661 6313012 5360523 823555327 773945298 131354470 106219429 302776827 422772418 1800725 1685382 18316116 10899207 5205510 3989415 16938122 16150036 4087245 2810070 7835721 6413167 14850608 15569156 8977877 8761436 105049983 100075276 53060455 35210516 21517598 12473345 8421432 8955249 5253783 3519588 29684987 27976357 1547593306 1548940478 863274693 844790087 3060738 3328623 251286927 297824368 14508022 13080179 4915285 4087704 10166573 8932683 69578138 87650981 31036096 25258800 1247826472 1284953425 1.00 1.00 5000000 5000000 0 0 0 0 2.00 2.00 20000000 20000000 17642722 16595783 35285444 33191566 1.00 1.00 5000000 5000000 0 0 0 0 2.00 2.00 3000000 3000000 2866565 2679603 5733130 5359206 57985947 50287253 18070448 23243133 184537489 153739167 108079 109193 227852 10985 1845624 1833272 299766834 263987053 1547593306 1548940478 263418230 298933110 100254573 93020617 58264683 56329803 23997313 20307435 6265134 1925850 39502 370975 18535111 11317482 470695542 481463322 63247616 59040130 3970839 3801230 26263312 23568650 16142970 14307425 118286469 124426297 100740161 84989971 6626418 5380896 7242287 6873561 1935613 2078738 16506030 10541570 9877700 53065982 47331102 7127516 8578810 3704014 3252655 418894767 410013195 51800775 71450127 12281785 15853514 39518990 55596613 1.96 2.81 1.89 2.74 20154878 19788984 20929084 20254407 39518990 55596613 -6517731 12013692 -23250 41225 -11114 -6817 2835 -46 -6549260 12048054 -1376575 2531435 -5172685 9516619 34346305 65113232 32215558 5001774 46091112 13726514 101256229 -1580582 196710605 55596613 55596613 9516619 9516619 358878 358878 137940 261640 432572 832152 1224877 2715071 3939948 2967761 2967761 810420 123440 2179814 -3113675 -1 27648 -27648 33191566 5359206 50287253 23243133 153739167 -1833272 263987053 39518990 39518990 -5172685 -5172685 -5172685 -5172685 118384 118384 320564 209312 547549 1077425 250019 5757383 6007402 5769735 5769735 1674820 263106 6782742 -8720668 98494 -98494 35285444 5733130 57985947 18070448 184537489 -1845624 299766834 39518990 55596613 6265134 1925850 39502 370975 5540672 5447363 965736 1577370 1154604 1227773 11308436 2854669 19985257 18909921 15027841 13520600 1115129 786825 32701819 29896465 14851880 11841478 118384 358878 6007402 3939948 -8783376 10413492 5611189587 5627013749 5900076766 5600045285 177876915 188893379 -441839 -758514 22104116 25804740 32088511 -25750164 144638242 -129627207 18857131 58493147 48015753 131269730 1950554 6991832 3868061 3902835 -473156 1954437 143379 2755856 838524150 682170126 818108666 672544708 5219928 1630734 194955 92403534 40190471 35644576 22418816 12625142 -63613606 36144441 11481349 11511118 15244629 18235107 1077425 832152 5769735 2967761 69039725 174865813 106995930 164586365 84576055 -90351225 -55075440 71212179 25949196 -22270587 115465086 137735673 141414282 115465086 7290867 8385270 5127913 11813120 5216048 5631193 4400320 6365534 3108681 1516700 931079 686124 201951 16960549 8494 131354470 106219429 9000293 8842744 1059519 402913 141414282 115465086 141414282 115465086 <p id="xdx_803_eus-gaap--SignificantAccountingPoliciesTextBlock_zIRfACCQ9o69" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">1) <span style="text-decoration: underline"><span id="xdx_822_zdktV4gybdF6">Significant Accounting Policies</span></span></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p id="xdx_849_ecustom--GeneralOverviewOfBusinessPolicyTextBlock_zRjjV7rRhQv6" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><span><span id="xdx_86D_zN7Eh2rcDzPi">General Overview of Business</span></span></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Security National Financial Corporation and its wholly owned subsidiaries (the “Company”) operate in three reportable business segments: life insurance, cemetery and mortuary, and mortgages. The life insurance segment is engaged in the business of selling and servicing selected lines of life insurance, annuity products and accident and health insurance marketed primarily in the states located in western, mid-western and southern regions of the United States. The cemetery and mortuary segment of the Company consists of eleven mortuaries and five cemeteries in Utah, one cemetery in California, and four mortuaries and one cemetery in New Mexico. The mortgage segment is an approved government and conventional lender that originates and underwrites residential and commercial loans for new construction, existing homes and real estate projects primarily in Florida, Nevada, Texas, and Utah.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p id="xdx_844_eus-gaap--BasisOfAccountingPolicyPolicyTextBlock_zDRojKUqvzRa" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><span id="xdx_863_z30ctcoBmJ5c">Basis of Presentation</span></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The accompanying consolidated financial statements have been prepared in accordance with generally accepted accounting principles in the United States of America (GAAP).</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p id="xdx_84E_eus-gaap--ConsolidationPolicyTextBlock_zaLTiTQ4OH41" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><span id="xdx_863_zcNXFIRTsWkf">Principles of Consolidation</span></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">These consolidated financial statements include the financial statements of the Company and its majority owned subsidiaries. All intercompany transactions and accounts have been eliminated in consolidation.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p id="xdx_843_eus-gaap--UseOfEstimates_zcy101dHBDN2" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><span id="xdx_860_zD7rxiWhenPg">Use of Estimates</span></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Management of the Company has made a number of estimates and assumptions related to the reported amounts of assets and liabilities, reported amounts of revenues and expenses, and the disclosure of contingent assets and liabilities to prepare these financial statements in conformity with GAAP. Actual results could differ from those estimates.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">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; those used in determining the liability for future policy benefits; those used in determining the value of mortgage servicing rights; those used in determining allowances for loan losses for mortgage loans held for investment; 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.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p id="xdx_847_eus-gaap--InvestmentPolicyTextBlock_zmeq6ilUrFGc" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><span id="xdx_86F_zTHlpbdQnqb8">Investments</span></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Company’s management determines the appropriate classifications of investments in fixed maturity securities and equity securities at the acquisition date and re-evaluates the classifications at each balance sheet date.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="text-decoration: underline">Fixed maturity securities available for sale</span> are carried at estimated fair value. Changes in fair values are reported as unrealized gains or losses and are recorded in accumulated other comprehensive income.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="text-decoration: underline">Equity securities</span> are carried at estimated fair value. Changes in fair values are reported as unrealized gains or losses and are recorded through net earnings as a component of gains on investments and other assets.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">SECURITY NATIONAL FINANCIAL CORPORATION</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">AND SUBSIDIARIES</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Notes to Consolidated Financial Statements</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Years Ended December 31, 2021 and 2020</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">1) <span style="text-decoration: underline">Significant Accounting Policies</span> (Continued)</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="text-decoration: underline">Mortgage loans held for investment</span> are carried at their unpaid principal balances adjusted for net deferred fees, net discounts, charge-offs and the related allowance for loan losses. Interest income is included in net investment income on the consolidated statements of earnings and is recognized when earned. The Company defers related 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 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 will fund a loan not to exceed 80% of the loan’s collateral fair market value. Amounts over 80% will require additional collateral or mortgage insurance by an approved third-party insurer.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="text-decoration: underline">Real estate held for investment</span> is carried at cost, less accumulated depreciation provided on a straight-line basis over the estimated useful lives of the properties, or is adjusted to a new basis for impairment in value, if any. Included are foreclosed properties which the Company intends to hold for investment purposes. These properties are recorded at the lower of cost or fair value upon foreclosure. Also, included are residential subdivision land developments which are carried at cost.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="text-decoration: underline">Real estate held for sale</span> is carried at lower of cost or fair value. Depreciation is not recognized on real estate classified as held for sale.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="text-decoration: underline">Other investments and policy loans</span> are carried at the aggregate unpaid balances, less allowances for losses.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="text-decoration: underline">Accrued investment income</span> refers to earned income from investments that has not yet been received by the Company.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="text-decoration: underline">Gains and losses on investments (except for equity securities carried at fair value through net earnings)</span> arise when investments are sold (as determined on a specific identification basis) or are other than temporarily impaired. If in management’s judgment a decline in the value of an investment below cost is other than temporary, the cost of the investment is written down to fair value with a corresponding charge to earnings. Factors considered in judging whether an impairment is other than temporary include: the financial condition, business prospects and credit worthiness of the issuer, the length of time that fair value has been less than cost, the relative amount of the decline, and the Company’s ability and intent to hold the investment until the fair value recovers, which is not assured.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p id="xdx_84F_eus-gaap--CashAndCashEquivalentsPolicyTextBlock_zdaYKWkMFJD1" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><span id="xdx_867_zxwEHAZuxmEk">Cash and Cash Equivalents</span></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font: normal 10pt Times New Roman, Times, Serif">The Company considers all highly liquid instruments purchased with an original maturity of three months or less to be cash equivalents. The Company maintains its cash in bank deposit accounts, which at times exceed federally insured limits. The Company has not experienced any losses in such accounts and believes it is not exposed to any significant credit risk on cash and cash equivalents.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p id="xdx_840_ecustom--LoansHeldForSalePolicyPolicyTextBlock_zVB6O4TcCG59" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><span id="xdx_866_zXGAmhlUdfCl">Loans Held for Sale</span></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Accounting Standards Codification (“ASC”) No. 825, “Financial Instruments”, allows for the option to report certain financial assets and liabilities at fair value initially and at subsequent measurement dates with changes in fair value included in earnings. The option may be applied instrument by instrument, but it is irrevocable. The Company elected the fair value option for loans held for sale. The Company believes the fair value option most closely aligns the timing of the recognition of gains and costs. These loans are intended for sale and the Company believes that the fair value is the best indicator of the resolution of these loans. Electing fair value also reduces certain timing differences and better matches changes in the fair value of these assets with changes in the fair value of the related derivatives used for these assets. See Note 3 and Note 17 to Consolidated Financial Statements for additional disclosures regarding loans held for sale.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b> </b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">SECURITY NATIONAL FINANCIAL CORPORATION</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">AND SUBSIDIARIES</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Notes to Consolidated Financial Statements</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Years Ended December 31, 2021 and 2020</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">1) <span style="text-decoration: underline">Significant Accounting Policies</span> (Continued)</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b> </b></span></p> <p id="xdx_845_ecustom--MortgageFeeIncomePolicyTextBlock_zofSYBRKxEi5" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><span id="xdx_866_zxzFZnLSshu">Mortgage Fee Income</span></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Mortgage fee income consists of origination fees, processing fees, interest income and certain other income related to the origination of mortgage loans held for sale. All revenues and costs are recognized when the mortgage loan is funded and any changes in fair value are shown as a component of mortgage fee income. See Note 3 and Note 17 to Consolidated Financial Statements for additional disclosures regarding loans held for sale.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Company, through its mortgage subsidiaries, sells mortgage loans to third-party investors without recourse unless defects are identified in the representations and warranties made at loan sale. It may be required, however, to repurchase a loan or pay a fee instead of repurchase under certain events, which include the following:</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <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: 0.5in; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">●</span></td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Failure to deliver original documents specified by the investor,</span></td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">●</span></td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The existence of misrepresentation or fraud in the origination of the loan,</span></td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">●</span></td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The loan becomes delinquent due to nonpayment during the first several months after it is sold,</span></td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">●</span></td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Early pay-off of a loan, as defined by the agreements,</span></td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">●</span></td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Excessive time to settle a loan,</span></td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">●</span></td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Investor declines purchase, and</span></td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">●</span></td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Discontinued product and expired commitment.</span></td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Loan purchase commitments generally specify a date 30 to 45 days after delivery upon which the underlying loans should be settled. Depending on market conditions, these commitment settlement dates can be extended at a cost to the Company.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">It is the Company’s policy to cure any documentation problems regarding such loans at a minimal cost for up to a six-month time period and to pursue efforts to enforce loan purchase commitments from third-party investors concerning the loans. The Company believes that six months allows adequate time to remedy any documentation issues, to enforce purchase commitments, and to exhaust other alternatives. Remedial methods include the following:</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <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: 0.5in; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">●</span></td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Research reasons for rejection,</span></td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">●</span></td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Provide additional documents,</span></td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">●</span></td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Request investor exceptions,</span></td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">●</span></td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Appeal rejection decision to purchase committee, and</span></td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">●</span></td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Commit to secondary investors.</span></td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Once purchase commitments have expired and other alternatives to remedy are exhausted, which could be earlier than the six-month time period, the loans are repurchased and transferred to the long-term investment portfolio at the lower of cost or fair value and previously recorded mortgage fee income that was to be received from a third-party investor is written off against the loan loss reserve.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p id="xdx_84A_ecustom--DeterminingLowerOfCostOrFairValuePolicyTextBlock_zFicPXF1TDOi" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><span id="xdx_864_zlcWV5VERZpg">Determining Fair Value</span></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Cost for loans held for sale is equal to the amount paid to the warehouse bank and the amount originally funded by the Company. Fair value is often difficult to determine and may contain significant unobservable inputs, but is based on the following:</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <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: 0.5in; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">●</span></td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">For loans that are committed, the Company uses the commitment price.</span></td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">●</span></td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">For loans that are non-committed that have an active market, the Company uses the market price.</span></td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">●</span></td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">For loans that are non-committed where there is no market but there is a similar product, the Company uses the market value for the similar product.</span></td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">●</span></td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">For loans that are non-committed where no active market exists, the Company determines that the unpaid principal balance best approximates the market value, after considering the fair value of the underlying real estate collateral, estimated future cash flows, and the loan interest rate.</span></td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">SECURITY NATIONAL FINANCIAL CORPORATION</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">AND SUBSIDIARIES</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Notes to Consolidated Financial Statements</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Years Ended December 31, 2021 and 2020</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">1) <span style="text-decoration: underline">Significant Accounting Policies</span> (Continued)</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The appraised value of the real estate underlying the original mortgage loan adds support to the Company’s determination of fair value because if the loan becomes delinquent, the Company has sufficient value to collect the unpaid principal balance or the carrying value of the loan, thus minimizing credit losses.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The majority of loans originated are sold to third-party investors. The amounts expected to be sold to investors are shown on the consolidated balance sheets as loans held for sale.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p id="xdx_848_ecustom--LoanLossReservePolicyTextBlock_zALqJpKuQWua" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><span id="xdx_868_zePEHDkyLc5g">Loan Loss Reserve</span></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The loan loss reserve is an estimate of probable losses at the balance sheet date that the Company will realize in the future on loans sold. The Company may be required to reimburse third-party investors for costs associated with early payoff of loans within six months of origination of such loans and to repurchase loans where there is a default in any of the first four monthly payments to the investors or, in lieu of repurchase, to pay a negotiated fee to the investors. The Company’s estimates are based upon historical loss experience and the best estimate of the probable loan loss liabilities.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Upon completion of a transfer that satisfies the conditions to be accounted for as a sale, the Company initially measures at fair value liabilities incurred in a sale relating to any guarantee or recourse provisions. The Company accrues a monthly allowance for indemnification losses to investors based on total production. This estimate is based on the Company’s historical experience and is included as a component of mortgage fee income. Subsequent updates to the recorded liability from changes in assumptions are recorded in selling, general and administrative expenses as a component of provision for loan loss reserve. The estimated liability for indemnification losses is included in other liabilities and accrued expenses.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The loan loss reserve analysis involves mortgage loans that have been sold to third-party investors, which were believed to have met investor underwriting guidelines at the time of sale, where the Company has received a demand from the investor. There are generally three types of demands: make whole, repurchase, or indemnification. These types of demands are further described as follows:</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0.5in; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><i>Make whole demand</i> — A make whole demand occurs when an investor forecloses on a property and then sells the property. The make whole amount is calculated as the difference between the original unpaid principal balance, payments received, accrued interest and fees, less the sale proceeds.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify; text-indent: 0.5in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0.5in; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><i>Repurchase demand</i> — A repurchase demand usually occurs when there is a significant payment default, error in underwriting or detected loan fraud.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0.5in; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><i>Indemnification demand</i> — On certain loans the Company has negotiated a set fee that is to be paid in lieu of repurchase. The fee varies by investor and by loan product type.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Company believes the allowance for loan losses and the loan loss reserve represent probable loan losses incurred as of the balance sheet date.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Additional information related to the Loan Loss Reserve is included in Note 3.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b> </b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">SECURITY NATIONAL FINANCIAL CORPORATION</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">AND SUBSIDIARIES</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Notes to Consolidated Financial Statements</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Years Ended December 31, 2021 and 2020</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">1) <span style="text-decoration: underline">Significant Accounting Policies</span> (Continued)</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b> </b></span></p> <p id="xdx_84E_ecustom--RestrictedAssetsPolicyTextBlock_zvnuBmrULQJd" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><span id="xdx_861_zqpNJsQgqZH1">Restricted Assets</span></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Restricted assets are assets held in a trust account for future mortuary services and merchandise and consist of cash and cash equivalents; participations in mortgage loans held for investment with Security National Life Insurance Company (“Security National Life”); mutual funds carried at estimated fair value; equity securities carried at estimated fair value; and a surplus note with Security National Life (which is eliminated in consolidation). Restricted assets also include 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 funded its medical benefit safe-harbor limit based on the qualified direct costs, and has included this amount as a component of restricted cash.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p id="xdx_84F_ecustom--CemeteryPerpetualCareTrustInvestmentsPolicyTextBlock_z0C0vtdj1nGa" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><span id="xdx_862_z0S6LmFgS4Tg">Cemetery Perpetual Care Trust Investments</span></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font: normal 10pt Times New Roman, Times, Serif">Cemetery endowment care trusts have been set up for five of the seven cemeteries owned by the Company. Under endowment care arrangements a portion of the price for each lot sold is withheld and invested in a portfolio of investments similar to those described in the prior paragraph. The earnings stream from the investments is designed to fund future maintenance and upkeep of the cemetery.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p id="xdx_846_ecustom--CemeteryLandAndImprovementsPolicyTextBlock_zfZq61zK6Ekl" style="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span id="xdx_86F_zu4Z7YbogrT2">Cemetery Land and Improvements</span></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The development of a cemetery involves not only the initial acquisition of raw land but also the installation of roads, water lines, landscaping and other costs to establish a marketable cemetery lot. The costs of developing the cemetery are shown as an asset on the balance sheet. The amount on the balance sheet is reduced by the total cost assigned to the development of a particular lot when the criterion for recognizing a sale of that lot is met.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p id="xdx_84D_eus-gaap--CapitalizationOfDeferredPolicyAcquisitionCostsPolicy_zo4zaG52Lou9" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><span id="xdx_864_zne0Ljm04Q24">Deferred Policy Acquisition Costs and Value of Business Acquired</span></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Commissions and other costs, net of commission and expense allowances for reinsurance ceded, that vary with and are primarily related to the production of new insurance business have been deferred. Deferred policy acquisition costs (“DAC”) for traditional life insurance are amortized over the premium paying period of the related policies using assumptions consistent with those used in computing policy benefit reserves. For interest-sensitive insurance products, deferred policy acquisition costs are amortized generally in proportion to the present value of expected gross profits from surrender charges, investment, mortality and expense margins. This amortization is adjusted when estimates of current or future gross profits to be realized from a group of products are reevaluated. Deferred acquisition costs are written off when policies lapse or are surrendered.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">When accounting for DAC, the Company considers internal replacements of insurance and investment contracts. An internal replacement is a modification in product benefits, features, rights or coverage that occurs by the exchange of a contract for a new contract, or by amendment, endorsement, or rider to contract, or by the election of a feature or coverage within a contract. Modifications that result in a replacement contract that is substantially changed from the replaced contract are accounted for as an extinguishment of the replaced contract. Unamortized DAC, unearned revenue liabilities and deferred sales inducements from the replaced contract are written-off. Modifications that result in a contract that is substantially unchanged from the replaced contract are accounted for as a continuation of the replaced contract.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Value of business acquired (“VOBA”) is the present value of estimated future profits of the acquired business and is amortized similar to deferred policy acquisition costs.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b> </b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">SECURITY NATIONAL FINANCIAL CORPORATION</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">AND SUBSIDIARIES</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Notes to Consolidated Financial Statements</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Years Ended December 31, 2021 and 2020</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">1) <span style="text-decoration: underline">Significant Accounting Policies</span> (Continued)</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b> </b></span></p> <p id="xdx_84E_ecustom--PremiumDeficiencyAndLossRecoveryPolicyTextBlock_z9f84jPIf2Nl" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="text-decoration: underline">Premium Deficiency and Loss Recognition Testing</span></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">At least annually, the Company tests the adequacy of the net benefit reserves (liability for future policy benefits, net of DAC and VOBA) recorded for life insurance and annuity products. The Company tests for recoverability by using the Company’s current best-estimate assumptions as to policyholder mortality, persistency, maintenance expenses and invested asset returns. These tests evaluate whether the present value of future contract-related cash flows will support the capitalized DAC and VOBA assets. These cash flows consist primarily of premium income, less benefits and expenses. If the current contract liabilities plus the present value of future premiums is greater than the sum of the present values of future policy benefits, commissions, and expenses plus the current DAC and VOBA less unearned premium reserve balances, then the capitalized assets are deemed recoverable. The present values are calculated using the best estimate of the after tax net investment earned rate.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b/></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b> </b></span></p> <p id="xdx_848_ecustom--MortgageServicingRightsPolicyTextBlock_zOtNOGw6Qte2" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><span id="xdx_86C_zkLu3Xm9JV4b">Mortgage Servicing Rights</span></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Mortgage Servicing Rights (“MSR”) arise from contractual agreements between the Company and third-party investors (or their agents) when mortgage loans are sold. Under these contracts, the Company is obligated to retain and provide loan servicing functions on loans sold, in exchange for fees and other remuneration. The servicing functions typically performed include, among other responsibilities, collecting and remitting loan payments; responding to borrower inquiries; accounting for principal and interest, holding custodial (impound) funds for payment of property taxes and insurance premiums; counseling delinquent mortgagors; and supervising the acquisition of real estate owned and property dispositions.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The total residential mortgage loans serviced for others consist primarily of agency conforming fixed-rate mortgage loans. The value of MSRs is derived from the net cash flows associated with the servicing contracts. The Company receives a servicing fee of generally about <span id="xdx_90E_ecustom--RemainingOutstandingPrincipalBalancePercentage_pid_dp_uPure_c20210101__20211231_zTprRQaEm1I7" title="Remaining outstanding principal balance percentage">0.250</span>% annually on the remaining outstanding principal balances of the loans. Based on the result of the cash flow analysis, an asset or liability is recorded for mortgage servicing rights. The servicing fees are collected from the monthly payments made by the mortgagors. The Company generally receives other remuneration including rights to various mortgagor-contracted fees such as late charges, and collateral reconveyance charges and the Company is generally entitled to retain the interest earned on funds held pending remittance of mortgagor principal, interest, tax and insurance payments. Contractual servicing fees and late fees are included in other revenues on the consolidated statements of earnings.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Company’s subsequent accounting for MSRs is based on the class of MSRs. The Company has identified two classes of MSRs: MSRs backed by mortgage loans with initial term of <span id="xdx_903_eus-gaap--DebtInstrumentTerm_dtY_c20210101__20211231__us-gaap--DebtInstrumentAxis__custom--MSRsClassOneMember_z6M8pqO85Ale" title="Debt instrument term">30</span> years and MSRs backed by mortgage loans with initial term of <span id="xdx_905_eus-gaap--DebtInstrumentTerm_dtY_c20210101__20211231__us-gaap--DebtInstrumentAxis__custom--MSRsClassTwoMember_zDepT50Q2LYg" title="Debt instrument term">15</span> years. The Company distinguishes between these classes of MSRs due to their differing sensitivities to change in value as the result of changes in market. 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.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Interest rate risk, prepayment risk, and default risk are inherent risks in MSR valuation. Interest rate changes largely drive prepayment rates. Refinance activity generally increases as rates decline. A significant decrease in rates beyond expectation could cause a decline in the value of the MSR. On the contrary, if rates increase borrowers are less likely to refinance or prepay their mortgage, which extends the duration of the loan and MSR values are likely to rise. Because of these risks, discount rates and prepayment speeds are used to estimate the fair value.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">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.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">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.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p id="xdx_84B_eus-gaap--PropertyPlantAndEquipmentPolicyTextBlock_zH19hU6g7BZ8" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><span id="xdx_86A_z4uxEugCqeXi">Property and Equipment</span></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Property and equipment are recorded at cost. Depreciation is calculated principally on the straight-line method over the estimated useful lives of the assets which range from <span id="xdx_908_eus-gaap--PropertyPlantAndEquipmentUsefulLife_dxL_c20210101__20211231__srt--RangeAxis__srt--MinimumMember_zf2U5mLLHHD3" title="Estimated useful lives::XDX::P3Y"><span style="-sec-ix-hidden: xdx2ixbrl0818">three</span></span> to <span id="xdx_90E_eus-gaap--PropertyPlantAndEquipmentUsefulLife_dc_c20210101__20211231__srt--RangeAxis__srt--MaximumMember_zBGEPOebCiV7" title="Estimated useful lives">forty years</span>. Leasehold improvements paid for by the Company as a lessee are amortized over the lesser of the useful life or remaining lease terms.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b> </b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">SECURITY NATIONAL FINANCIAL CORPORATION</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">AND SUBSIDIARIES</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Notes to Consolidated Financial Statements</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Years Ended December 31, 2021 and 2020</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">1) <span style="text-decoration: underline">Significant Accounting Policies</span> (Continued)</span></p> <p style="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p id="xdx_840_eus-gaap--ImpairmentOrDisposalOfLongLivedAssetsPolicyTextBlock_z9tY4EJ9YKQ1" style="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span id="xdx_86B_zrgfcUY9s7oj">Long-lived Assets</span></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Long-lived assets to be held and used, including property and equipment and real estate held for investment, are reviewed for impairment whenever events or changes in circumstances indicate that the related carrying amount may not be recoverable. When required, impairment losses on assets to be held and used are recognized based on the fair value of the asset, and long-lived assets to be disposed of are reported at the lower of carrying amount or fair value less costs to sell. No impairment of long-lived assets has been recognized in the accompanying financial statements except for certain impairments of real estate held for investment as disclosed in Note 2.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p id="xdx_848_eus-gaap--DerivativesPolicyTextBlock_zay2BK02yIZi" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><span id="xdx_862_z5wvc1x3EKeh">Derivative Instruments</span></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Mortgage Banking Derivatives</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="text-decoration: underline">Loan Commitments</span></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">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.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">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.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">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. 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 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.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="text-decoration: underline">Forward Sale Commitments</span></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">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.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">SECURITY NATIONAL FINANCIAL CORPORATION</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">AND SUBSIDIARIES</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Notes to Consolidated Financial Statements</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Years Ended December 31, 2021 and 2020</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">1) <span style="text-decoration: underline">Significant Accounting Policies</span> (Continued)</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">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 consolidated balance sheets.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Call and Put Option Derivatives</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Company uses a strategy of selling “out of the money” call options on its equity securities as a source of revenue. The options give the purchaser the right to buy from the Company specified equity securities at a set price up to a pre-determined date in the future. The Company uses the strategy of selling put options as a means of generating cash or purchasing equity securities at lower than current market prices. The Company receives an immediate payment of cash for the value of the option and establishes a liability for the fair value of the option. The liability for options is adjusted to fair value at each reporting date. In the event a call option is exercised, the Company sells the equity security at a favorable price enhanced by the value of the option that was sold. If the option expires unexercised, the Company recognizes a gain from the expired option. In the event a put option is exercised, the Company acquires an equity security at the strike price of the option reduced by the value received from the sale of the put option. The equity security is then treated as a normal equity security in the Company’s portfolio. The net changes in the fair value of call and put options are shown in current earnings as a component of gains (losses) on investments and other assets. Call and put options are shown in other liabilities and accrued expenses on the consolidated balance sheets.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p id="xdx_849_eus-gaap--LoansAndLeasesReceivableAllowanceForLoanLossesPolicy_zqig6vdedUE7" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="text-decoration: none; font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><span id="xdx_86D_zFzgPZ3rPrZb">Allowance for Doubtful Accounts and Loan Losses and Impaired Loans</span></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Company records an allowance and recognizes an expense for potential losses from mortgage loans held for investment, other investments and receivables in accordance with GAAP.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Receivables are the result of cemetery and mortuary operations, mortgage loan operations and life insurance operations. The allowance is based upon the Company’s historical experience for collectively evaluated impairment. Other allowances are based upon receivables individually evaluated for impairment. Collectability of the cemetery and mortuary receivables is significantly influenced by current economic conditions. The critical issues that impact recovery of mortgage loan operations are interest rate risk, loan underwriting, new regulations and the overall economy.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Company provides for losses on its mortgage loans held for investment through an allowance for loan losses (a contra-asset account). The allowance is comprised of two components. The first component is an allowance for collectively evaluated impairment that is based upon the Company’s historical experience in collecting similar receivables. The second component is based upon individual evaluation of loans that are determined to be impaired. As a practical expedient, upon determining impairment, the Company establishes an individual impairment allowance based upon an assessment of the fair value of the underlying collateral. See the schedules in Note 2 for additional information. In addition, when a mortgage loan is past due more than 90 days, the Company does not accrue any interest income. When a loan becomes delinquent, the Company proceeds to foreclose on the real estate and all expenses for foreclosure are expensed as incurred. Once foreclosed, an adjustment for the lower of cost or fair value is made, if necessary, and the amount is classified as real estate held for investment. The Company will rent the properties until it is deemed desirable to sell them.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The allowance for losses on mortgage loans held for investment could change based on changes in the value of the underlying collateral, the performance status of the loans, or the Company’s actual collection experience. The actual losses could change, in the near term, from the established allowance, based upon the occurrence or non-occurrence of these events.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">For purposes of determining the allowance for 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:</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">SECURITY NATIONAL FINANCIAL CORPORATION</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">AND SUBSIDIARIES</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Notes to Consolidated Financial Statements</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Years Ended December 31, 2021 and 2020</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">1) <span style="text-decoration: underline">Significant Accounting Policies</span> (Continued)</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="text-decoration: underline">Commercial </span>— 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 secondary on the borrower’s (or guarantors) ability to repay.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="text-decoration: underline">Residential </span>— Secured by family dwelling units. These loans are secured by first and second mortgages on the unit. The borrower’s ability to repay is sensitive to the life events and general economic condition of the region. Where loan to values exceed 80%, the loan is generally guaranteed by private mortgage insurance, FHA or VA.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="text-decoration: underline">Residential construction (including land acquisition and development)</span> — 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. These loans will rely on the value associated with the project upon completion. These cost and valuation estimates may be inaccurate. 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 is underwritten according to the Company’s policies, which include independent appraisal valuations as well as the estimated value associated with the land upon completion of development into finished lots. These cost and valuation estimates may be inaccurate. 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.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font: normal 10pt Times New Roman, Times, Serif"> </span></p> <p id="xdx_84B_eus-gaap--FuturePolicyBenefitsLiabilityPolicy_zkGmyhR7kBEk" style="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span id="xdx_86C_zOtQdxQRPvK3">Future Policy Benefits and Unpaid Claims</span></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Future policy benefit reserves for traditional life insurance are computed using a net level method, including assumptions as to investment yields, mortality, morbidity, withdrawals, and other assumptions based on the life insurance subsidiaries’ experience, modified as necessary to give effect to anticipated trends and to include provisions for possible unfavorable deviations. Such liabilities are, for some plans, graded to equal statutory values or cash values at or prior to maturity, which are deemed a reasonable equivalent for GAAP. The range of assumed interest rates for all traditional life insurance policy reserves was <span id="xdx_903_eus-gaap--DebtInstrumentInterestRateEffectivePercentage_iI_pid_dp_uPure_c20211231__srt--RangeAxis__srt--MinimumMember_zlJ3ETGllSa6" title="Debt instrument interest rate effective percentage">4</span>% to <span id="xdx_902_eus-gaap--DebtInstrumentInterestRateEffectivePercentage_iI_pid_dp_uPure_c20211231__srt--RangeAxis__srt--MaximumMember_zkQjiNxb9eD3" title="Debt instrument interest rate effective percentage">10</span>%. Benefit reserves for traditional limited-payment life insurance policies include the deferred portion of the premiums received during the premium-paying period. Deferred premiums are recognized as income over the life of the policies. Policy benefit claims are charged to expense in the period the claims are incurred. Increases in future policy benefits are charged to expense.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">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 <span id="xdx_909_eus-gaap--ParticipatingPolicyPercentageOfPremiumIncome_pid_dp_uPure_c20210101__20211231__srt--RangeAxis__srt--MinimumMember_z6vGSNEIfl27" title="Participating policy percentage of premium income">3</span>% to <span id="xdx_903_eus-gaap--ParticipatingPolicyPercentageOfPremiumIncome_pid_dp_uPure_c20210101__20211231__srt--RangeAxis__srt--MaximumMember_zef1fuR7VXGi" title="Participating policy percentage of premium income">6.5</span>%.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Company records an unpaid claims liability for claims in the course of settlement equal to the death benefit amount less any reinsurance recoverable amount for claims reported. There is also an unpaid claims liability for claims incurred but not reported. This liability is based on the historical experience of the net amount of claims that were reported in reporting periods subsequent to the reporting period when claims were incurred.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b> </b></span></p> <p id="xdx_849_ecustom--ParticipatingInsurancePolicyTextBlock_zebOCll391l8" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><span id="xdx_86C_zo9deWV2S8dc">Participating Insurance</span></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Participating business constituted <span id="xdx_907_ecustom--ParticipatingBusiness_dp_uPure_c20210101__20211231_zyGdaSIEiIuh" title="Participating business"><span id="xdx_907_ecustom--ParticipatingBusiness_dp_uPure_c20200101__20201231_zDFne8lLqfgl" title="Participating business">2</span></span>% of insurance in force for the years ended 2021 and 2020. The provision for policyholders’ dividends included in policyholder obligations is based on dividend scales anticipated by management. Amounts to be paid are determined by the Board of Directors.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b> </b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">SECURITY NATIONAL FINANCIAL CORPORATION</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">AND SUBSIDIARIES</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Notes to Consolidated Financial Statements</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Years Ended December 31, 2021 and 2020</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">1) <span style="text-decoration: underline">Significant Accounting Policies</span> (Continued)</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b> </b></span></p> <p id="xdx_84F_eus-gaap--RevenueRecognitionPremiumsEarnedPolicy_zNR6YTr7H5Fg" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><span id="xdx_866_zVpqZuWubcg">Recognition of Insurance Premiums and Other Considerations</span></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Premiums and other consideration for traditional life insurance products (which include those products with fixed and guaranteed premiums and benefits and consist principally of whole life insurance policies, limited payment life insurance policies, and certain annuities with life contingencies) are recognized as revenues when due from policyholders. Premiums and other consideration for interest-sensitive insurance policies (which include universal life policies, interest-sensitive life policies, deferred annuities, and annuities without life contingencies) are recognized when earned and consist of amounts assessed against policyholder account balances during the period for policy administration charges and surrender charges.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p id="xdx_844_eus-gaap--ReinsuranceAccountingPolicy_zRZaZTTfzjc8" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><span id="xdx_86E_zSMcwxdvGac2">Reinsurance</span></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Company follows the procedure of reinsuring risks in excess of $<span id="xdx_906_ecustom--DiversificationOfBusiness_c20210101__20211231_zAOFNfWcok0f" title="Diversification of business">100,000</span> to provide for greater diversification of business to allow management to control exposure to potential losses arising from large risks, and provide additional capacity for growth. The Company remains liable for amounts ceded in the event the reinsurers are unable to meet their obligations.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Company entered into coinsurance agreements with unaffiliated insurance companies under which the Company assumed <span id="xdx_90F_eus-gaap--ConcentrationRiskPercentage1_dp_uPure_c20210101__20211231_znyRSoukZfC8" title="Concentration risk percentage1">100</span>% of the risk for certain life insurance policies and certain other policy-related liabilities of the insurance company.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Reinsurance premiums, commissions, expense reimbursements, and reserves related to reinsured business are accounted for on a basis consistent with those used in accounting for the original policies issued and the terms of the reinsurance contracts. Expense allowances received in connection with reinsurance ceded are accounted for as a reduction of the related policy acquisition costs and are deferred and amortized accordingly.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p id="xdx_843_ecustom--PreneedSalesAndCostsPolicyTextBlock_z3JNdrYFAiy" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><span id="xdx_86F_z2LMEITLymH5">Pre-need Sales and Costs</span></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="text-decoration: underline">Pre-need contract sales of funeral services and caskets</span> - revenue and costs associated with the sales of pre-need funeral services and caskets are deferred until the performance obligations are fulfilled (services are performed or the caskets are delivered).</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="text-decoration: underline">Sales of cemetery interment rights (cemetery burial property)</span> - revenue and costs associated with the sale of cemetery interment rights are deferred until 10% of the sales price has been collected.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="text-decoration: underline">Pre-need contract sales of cemetery merchandise (primarily markers and vaults)</span> - revenue and costs associated with the sale of pre-need cemetery merchandise is deferred until the merchandise is delivered to the Company.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="text-decoration: underline">Pre-need contract sales of cemetery services (primarily merchandise delivery, installation fees and burial opening and closing fees)</span> - revenue and costs associated with the sales of pre-need cemetery services are deferred until the services are performed.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="text-decoration: underline">Prearranged funeral and pre-need cemetery customer acquisition costs</span> - costs incurred related to obtaining new pre-need contract cemetery and prearranged funeral services, which include only costs that vary with and are primarily related to the acquisition of new pre-need cemetery and prearranged funeral services, are deferred until the merchandise is delivered or services are performed.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Revenues and costs for at-need sales are recorded when a valid contract exists, the services are performed, collection is reasonably assured and there are no significant performance obligations remaining.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">SECURITY NATIONAL FINANCIAL CORPORATION</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">AND SUBSIDIARIES</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Notes to Consolidated Financial Statements</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Years Ended December 31, 2021 and 2020</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">1) <span style="text-decoration: underline">Significant Accounting Policies</span> (Continued)</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Company, through its cemetery and mortuary operations, provides guaranteed funeral arrangements wherein a prospective customer can receive future goods and services at guaranteed prices. To accomplish this, the Company, through its life insurance operations, sells to the customer an increasing benefit life insurance policy that is assigned to the mortuaries. If, at the time of need, the policyholder/potential mortuary customer utilizes one of the Company’s facilities, the guaranteed funeral arrangement contract that has been assigned will provide the funeral goods and services at the contracted price. The increasing life insurance policy will cover the difference between the original contract prices and current prices. Risks may arise if the difference cannot be fully met by the life insurance policy. However, management believes that given current inflation rates and related price increases of goods and services, the risk of exposure is minimal.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p id="xdx_84A_eus-gaap--GoodwillAndIntangibleAssetsGoodwillPolicy_znSljKbt3Ccb" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><span id="xdx_867_zxWhEm91HIj8">Goodwill</span></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Previous acquisitions have been accounted for as purchases under which assets acquired and liabilities assumed were recorded at their fair values with the excess purchase price recognized as goodwill. The Company evaluates annually or when changes in circumstances warrant the recoverability of goodwill and if there is a decrease in value, the related impairment is recognized as a charge against income. No impairment of goodwill has been recognized in the accompanying financial statements.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p id="xdx_84C_eus-gaap--GoodwillAndIntangibleAssetsIntangibleAssetsPolicy_zTLbV6dGwUU4" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><span id="xdx_869_zKLYfCl1AEHe">Other Intangibles</span></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Other intangibles are recognized apart from goodwill whenever an acquired intangible asset arises from contractual or other legal rights, or whenever it is capable of being separated or divided from the acquired entity and sold, transferred, licensed, rented, or exchanged, either individually or in combination with a related contract, asset, or liability. The Company engages a third-party valuation firm to analyze the value of the intangible assets that result from significant acquisitions. The value of the intangible assets that result from these acquisitions are included in Other Assets and are determined using the income approach, relying on a relief from the royalty method.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p id="xdx_84C_eus-gaap--IncomeTaxPolicyTextBlock_zplzEDSoWuH3" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><span id="xdx_862_zYfsIHXl4VLl">Income Taxes</span></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Income taxes include taxes currently payable plus deferred taxes. Deferred tax assets and liabilities are recognized for the future tax consequences attributable to the temporary differences in the financial reporting basis and tax basis of assets and liabilities and operating loss carry-forwards. Deferred tax assets are measured using enacted tax rates expected to apply to taxable income in the years in which these temporary differences are expected to be recovered or settled.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Liabilities are established for uncertain tax positions expected to be taken in income tax returns when such positions are judged to meet the “more-likely-than-not” threshold based on the technical merits of the positions. Estimated interest and penalties related to uncertain tax penalties are included as a component of income tax expense.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b> </b></span></p> <p id="xdx_847_eus-gaap--EarningsPerSharePolicyTextBlock_zDTGVWMc1IJl" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><span id="xdx_864_zDkrGh3U7D1c">Earnings Per Common Share</span></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Company computes earnings per share which requires presentation of basic and diluted earnings per share. Basic earnings per equivalent Class A common share are computed by dividing net earnings by the weighted-average number of Class A common shares outstanding during each year presented, after the effect of the assumed conversion of Class C common stock to Class A common stock. Diluted earnings per share is computed by dividing net earnings by the weighted-average number of common shares outstanding during the year used to compute basic earnings per share plus dilutive potential incremental shares. Basic and diluted earnings per share amounts have been adjusted retroactively for the effect of annual stock dividends.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b> </b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">SECURITY NATIONAL FINANCIAL CORPORATION</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">AND SUBSIDIARIES</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Notes to Consolidated Financial Statements</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Years Ended December 31, 2021 and 2020</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">1) <span style="text-decoration: underline">Significant Accounting Policies</span> (Continued)</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b> </b></span></p> <p id="xdx_849_eus-gaap--ShareBasedCompensationOptionAndIncentivePlansPolicy_zyrjNuZxCEd4" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><span id="xdx_86E_z9mePDme4xVb">Stock Based Compensation</span></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The cost of employee services received in exchange for an award of equity instruments is recognized in the financial statements and is measured based on the fair value on the grant date of the award. The fair value of stock options is calculated using the Black Scholes Option Pricing Model. Stock option compensation expense is recognized over the period during which an employee is required to provide service in exchange for the award and is included in personnel expenses on the consolidated statements of earnings.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p id="xdx_842_eus-gaap--ConcentrationRiskCreditRisk_zBifQD3asxPj" style="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span id="xdx_867_zLlcztcCHFYi">Concentration of Credit Risk</span></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin: 0pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">For a description of the concentration risk regarding available for sale debt securities, mortgage loans held for investment and real estate held for investment, refer to Note 2 of the Notes to Consolidated Financial Statements.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b> </b></span></p> <p id="xdx_84F_eus-gaap--AdvertisingCostsPolicyTextBlock_zfY7B9Ns2l7e" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><span id="xdx_864_zMeWL5DlTEQ2">Advertising</span></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Company expenses advertising costs as incurred.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p id="xdx_849_eus-gaap--NewAccountingPronouncementsPolicyPolicyTextBlock_zylgxtYdHzOg" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><span id="xdx_869_z50ARWstUvr4">Recent Accounting Pronouncements</span></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b> </b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Accounting Standards Issued But Not Yet Adopted</b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="text-decoration: underline">ASU No. 2016-13: “Financial Instruments – Credit Losses (Topic 326)”</span> — Issued in September 2016, ASU 2016-13 amends guidance on reporting credit losses for assets held at amortized cost basis (such as mortgage loans 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 in current GAAP 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, credit losses should be measured in a manner similar to current GAAP; however, Topic 326 will require that credit losses be presented as an allowance rather than as a write-down. In October 2019, the FASB proposed an update to ASU No. 2016-13 that would make the ASU effective for the Company on January 1, 2023. The Company is in the process of evaluating the potential impact of this standard.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="text-decoration: underline">ASU No. 2018-12: “Financial Services – Insurance (Topic 944): Targeted Improvements to the Accounting for Long-Duration Contracts” </span>— 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.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">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.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">SECURITY NATIONAL FINANCIAL CORPORATION</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">AND SUBSIDIARIES</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Notes to Consolidated Financial Statements</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Years Ended December 31, 2021 and 2020</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p id="xdx_849_ecustom--GeneralOverviewOfBusinessPolicyTextBlock_zRjjV7rRhQv6" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><span><span id="xdx_86D_zN7Eh2rcDzPi">General Overview of Business</span></span></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Security National Financial Corporation and its wholly owned subsidiaries (the “Company”) operate in three reportable business segments: life insurance, cemetery and mortuary, and mortgages. The life insurance segment is engaged in the business of selling and servicing selected lines of life insurance, annuity products and accident and health insurance marketed primarily in the states located in western, mid-western and southern regions of the United States. The cemetery and mortuary segment of the Company consists of eleven mortuaries and five cemeteries in Utah, one cemetery in California, and four mortuaries and one cemetery in New Mexico. The mortgage segment is an approved government and conventional lender that originates and underwrites residential and commercial loans for new construction, existing homes and real estate projects primarily in Florida, Nevada, Texas, and Utah.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p id="xdx_844_eus-gaap--BasisOfAccountingPolicyPolicyTextBlock_zDRojKUqvzRa" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><span id="xdx_863_z30ctcoBmJ5c">Basis of Presentation</span></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The accompanying consolidated financial statements have been prepared in accordance with generally accepted accounting principles in the United States of America (GAAP).</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p id="xdx_84E_eus-gaap--ConsolidationPolicyTextBlock_zaLTiTQ4OH41" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><span id="xdx_863_zcNXFIRTsWkf">Principles of Consolidation</span></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">These consolidated financial statements include the financial statements of the Company and its majority owned subsidiaries. All intercompany transactions and accounts have been eliminated in consolidation.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p id="xdx_843_eus-gaap--UseOfEstimates_zcy101dHBDN2" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><span id="xdx_860_zD7rxiWhenPg">Use of Estimates</span></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Management of the Company has made a number of estimates and assumptions related to the reported amounts of assets and liabilities, reported amounts of revenues and expenses, and the disclosure of contingent assets and liabilities to prepare these financial statements in conformity with GAAP. Actual results could differ from those estimates.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">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; those used in determining the liability for future policy benefits; those used in determining the value of mortgage servicing rights; those used in determining allowances for loan losses for mortgage loans held for investment; 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.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p id="xdx_847_eus-gaap--InvestmentPolicyTextBlock_zmeq6ilUrFGc" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><span id="xdx_86F_zTHlpbdQnqb8">Investments</span></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Company’s management determines the appropriate classifications of investments in fixed maturity securities and equity securities at the acquisition date and re-evaluates the classifications at each balance sheet date.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="text-decoration: underline">Fixed maturity securities available for sale</span> are carried at estimated fair value. Changes in fair values are reported as unrealized gains or losses and are recorded in accumulated other comprehensive income.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="text-decoration: underline">Equity securities</span> are carried at estimated fair value. Changes in fair values are reported as unrealized gains or losses and are recorded through net earnings as a component of gains on investments and other assets.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">SECURITY NATIONAL FINANCIAL CORPORATION</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">AND SUBSIDIARIES</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Notes to Consolidated Financial Statements</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Years Ended December 31, 2021 and 2020</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">1) <span style="text-decoration: underline">Significant Accounting Policies</span> (Continued)</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="text-decoration: underline">Mortgage loans held for investment</span> are carried at their unpaid principal balances adjusted for net deferred fees, net discounts, charge-offs and the related allowance for loan losses. Interest income is included in net investment income on the consolidated statements of earnings and is recognized when earned. The Company defers related 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 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 will fund a loan not to exceed 80% of the loan’s collateral fair market value. Amounts over 80% will require additional collateral or mortgage insurance by an approved third-party insurer.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="text-decoration: underline">Real estate held for investment</span> is carried at cost, less accumulated depreciation provided on a straight-line basis over the estimated useful lives of the properties, or is adjusted to a new basis for impairment in value, if any. Included are foreclosed properties which the Company intends to hold for investment purposes. These properties are recorded at the lower of cost or fair value upon foreclosure. Also, included are residential subdivision land developments which are carried at cost.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="text-decoration: underline">Real estate held for sale</span> is carried at lower of cost or fair value. Depreciation is not recognized on real estate classified as held for sale.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="text-decoration: underline">Other investments and policy loans</span> are carried at the aggregate unpaid balances, less allowances for losses.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="text-decoration: underline">Accrued investment income</span> refers to earned income from investments that has not yet been received by the Company.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="text-decoration: underline">Gains and losses on investments (except for equity securities carried at fair value through net earnings)</span> arise when investments are sold (as determined on a specific identification basis) or are other than temporarily impaired. If in management’s judgment a decline in the value of an investment below cost is other than temporary, the cost of the investment is written down to fair value with a corresponding charge to earnings. Factors considered in judging whether an impairment is other than temporary include: the financial condition, business prospects and credit worthiness of the issuer, the length of time that fair value has been less than cost, the relative amount of the decline, and the Company’s ability and intent to hold the investment until the fair value recovers, which is not assured.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p id="xdx_84F_eus-gaap--CashAndCashEquivalentsPolicyTextBlock_zdaYKWkMFJD1" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><span id="xdx_867_zxwEHAZuxmEk">Cash and Cash Equivalents</span></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font: normal 10pt Times New Roman, Times, Serif">The Company considers all highly liquid instruments purchased with an original maturity of three months or less to be cash equivalents. The Company maintains its cash in bank deposit accounts, which at times exceed federally insured limits. The Company has not experienced any losses in such accounts and believes it is not exposed to any significant credit risk on cash and cash equivalents.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p id="xdx_840_ecustom--LoansHeldForSalePolicyPolicyTextBlock_zVB6O4TcCG59" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><span id="xdx_866_zXGAmhlUdfCl">Loans Held for Sale</span></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Accounting Standards Codification (“ASC”) No. 825, “Financial Instruments”, allows for the option to report certain financial assets and liabilities at fair value initially and at subsequent measurement dates with changes in fair value included in earnings. The option may be applied instrument by instrument, but it is irrevocable. The Company elected the fair value option for loans held for sale. The Company believes the fair value option most closely aligns the timing of the recognition of gains and costs. These loans are intended for sale and the Company believes that the fair value is the best indicator of the resolution of these loans. Electing fair value also reduces certain timing differences and better matches changes in the fair value of these assets with changes in the fair value of the related derivatives used for these assets. See Note 3 and Note 17 to Consolidated Financial Statements for additional disclosures regarding loans held for sale.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b> </b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">SECURITY NATIONAL FINANCIAL CORPORATION</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">AND SUBSIDIARIES</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Notes to Consolidated Financial Statements</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Years Ended December 31, 2021 and 2020</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">1) <span style="text-decoration: underline">Significant Accounting Policies</span> (Continued)</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b> </b></span></p> <p id="xdx_845_ecustom--MortgageFeeIncomePolicyTextBlock_zofSYBRKxEi5" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><span id="xdx_866_zxzFZnLSshu">Mortgage Fee Income</span></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Mortgage fee income consists of origination fees, processing fees, interest income and certain other income related to the origination of mortgage loans held for sale. All revenues and costs are recognized when the mortgage loan is funded and any changes in fair value are shown as a component of mortgage fee income. See Note 3 and Note 17 to Consolidated Financial Statements for additional disclosures regarding loans held for sale.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Company, through its mortgage subsidiaries, sells mortgage loans to third-party investors without recourse unless defects are identified in the representations and warranties made at loan sale. It may be required, however, to repurchase a loan or pay a fee instead of repurchase under certain events, which include the following:</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <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: 0.5in; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">●</span></td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Failure to deliver original documents specified by the investor,</span></td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">●</span></td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The existence of misrepresentation or fraud in the origination of the loan,</span></td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">●</span></td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The loan becomes delinquent due to nonpayment during the first several months after it is sold,</span></td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">●</span></td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Early pay-off of a loan, as defined by the agreements,</span></td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">●</span></td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Excessive time to settle a loan,</span></td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">●</span></td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Investor declines purchase, and</span></td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">●</span></td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Discontinued product and expired commitment.</span></td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Loan purchase commitments generally specify a date 30 to 45 days after delivery upon which the underlying loans should be settled. Depending on market conditions, these commitment settlement dates can be extended at a cost to the Company.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">It is the Company’s policy to cure any documentation problems regarding such loans at a minimal cost for up to a six-month time period and to pursue efforts to enforce loan purchase commitments from third-party investors concerning the loans. The Company believes that six months allows adequate time to remedy any documentation issues, to enforce purchase commitments, and to exhaust other alternatives. Remedial methods include the following:</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <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: 0.5in; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">●</span></td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Research reasons for rejection,</span></td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">●</span></td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Provide additional documents,</span></td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">●</span></td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Request investor exceptions,</span></td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">●</span></td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Appeal rejection decision to purchase committee, and</span></td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">●</span></td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Commit to secondary investors.</span></td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Once purchase commitments have expired and other alternatives to remedy are exhausted, which could be earlier than the six-month time period, the loans are repurchased and transferred to the long-term investment portfolio at the lower of cost or fair value and previously recorded mortgage fee income that was to be received from a third-party investor is written off against the loan loss reserve.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p id="xdx_84A_ecustom--DeterminingLowerOfCostOrFairValuePolicyTextBlock_zFicPXF1TDOi" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><span id="xdx_864_zlcWV5VERZpg">Determining Fair Value</span></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Cost for loans held for sale is equal to the amount paid to the warehouse bank and the amount originally funded by the Company. Fair value is often difficult to determine and may contain significant unobservable inputs, but is based on the following:</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <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: 0.5in; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">●</span></td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">For loans that are committed, the Company uses the commitment price.</span></td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">●</span></td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">For loans that are non-committed that have an active market, the Company uses the market price.</span></td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">●</span></td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">For loans that are non-committed where there is no market but there is a similar product, the Company uses the market value for the similar product.</span></td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">●</span></td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">For loans that are non-committed where no active market exists, the Company determines that the unpaid principal balance best approximates the market value, after considering the fair value of the underlying real estate collateral, estimated future cash flows, and the loan interest rate.</span></td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">SECURITY NATIONAL FINANCIAL CORPORATION</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">AND SUBSIDIARIES</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Notes to Consolidated Financial Statements</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Years Ended December 31, 2021 and 2020</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">1) <span style="text-decoration: underline">Significant Accounting Policies</span> (Continued)</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The appraised value of the real estate underlying the original mortgage loan adds support to the Company’s determination of fair value because if the loan becomes delinquent, the Company has sufficient value to collect the unpaid principal balance or the carrying value of the loan, thus minimizing credit losses.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The majority of loans originated are sold to third-party investors. The amounts expected to be sold to investors are shown on the consolidated balance sheets as loans held for sale.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p id="xdx_848_ecustom--LoanLossReservePolicyTextBlock_zALqJpKuQWua" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><span id="xdx_868_zePEHDkyLc5g">Loan Loss Reserve</span></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The loan loss reserve is an estimate of probable losses at the balance sheet date that the Company will realize in the future on loans sold. The Company may be required to reimburse third-party investors for costs associated with early payoff of loans within six months of origination of such loans and to repurchase loans where there is a default in any of the first four monthly payments to the investors or, in lieu of repurchase, to pay a negotiated fee to the investors. The Company’s estimates are based upon historical loss experience and the best estimate of the probable loan loss liabilities.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Upon completion of a transfer that satisfies the conditions to be accounted for as a sale, the Company initially measures at fair value liabilities incurred in a sale relating to any guarantee or recourse provisions. The Company accrues a monthly allowance for indemnification losses to investors based on total production. This estimate is based on the Company’s historical experience and is included as a component of mortgage fee income. Subsequent updates to the recorded liability from changes in assumptions are recorded in selling, general and administrative expenses as a component of provision for loan loss reserve. The estimated liability for indemnification losses is included in other liabilities and accrued expenses.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The loan loss reserve analysis involves mortgage loans that have been sold to third-party investors, which were believed to have met investor underwriting guidelines at the time of sale, where the Company has received a demand from the investor. There are generally three types of demands: make whole, repurchase, or indemnification. These types of demands are further described as follows:</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0.5in; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><i>Make whole demand</i> — A make whole demand occurs when an investor forecloses on a property and then sells the property. The make whole amount is calculated as the difference between the original unpaid principal balance, payments received, accrued interest and fees, less the sale proceeds.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify; text-indent: 0.5in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0.5in; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><i>Repurchase demand</i> — A repurchase demand usually occurs when there is a significant payment default, error in underwriting or detected loan fraud.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0.5in; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><i>Indemnification demand</i> — On certain loans the Company has negotiated a set fee that is to be paid in lieu of repurchase. The fee varies by investor and by loan product type.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Company believes the allowance for loan losses and the loan loss reserve represent probable loan losses incurred as of the balance sheet date.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Additional information related to the Loan Loss Reserve is included in Note 3.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b> </b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">SECURITY NATIONAL FINANCIAL CORPORATION</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">AND SUBSIDIARIES</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Notes to Consolidated Financial Statements</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Years Ended December 31, 2021 and 2020</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">1) <span style="text-decoration: underline">Significant Accounting Policies</span> (Continued)</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b> </b></span></p> <p id="xdx_84E_ecustom--RestrictedAssetsPolicyTextBlock_zvnuBmrULQJd" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><span id="xdx_861_zqpNJsQgqZH1">Restricted Assets</span></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Restricted assets are assets held in a trust account for future mortuary services and merchandise and consist of cash and cash equivalents; participations in mortgage loans held for investment with Security National Life Insurance Company (“Security National Life”); mutual funds carried at estimated fair value; equity securities carried at estimated fair value; and a surplus note with Security National Life (which is eliminated in consolidation). Restricted assets also include 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 funded its medical benefit safe-harbor limit based on the qualified direct costs, and has included this amount as a component of restricted cash.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p id="xdx_84F_ecustom--CemeteryPerpetualCareTrustInvestmentsPolicyTextBlock_z0C0vtdj1nGa" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><span id="xdx_862_z0S6LmFgS4Tg">Cemetery Perpetual Care Trust Investments</span></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font: normal 10pt Times New Roman, Times, Serif">Cemetery endowment care trusts have been set up for five of the seven cemeteries owned by the Company. Under endowment care arrangements a portion of the price for each lot sold is withheld and invested in a portfolio of investments similar to those described in the prior paragraph. The earnings stream from the investments is designed to fund future maintenance and upkeep of the cemetery.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p id="xdx_846_ecustom--CemeteryLandAndImprovementsPolicyTextBlock_zfZq61zK6Ekl" style="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span id="xdx_86F_zu4Z7YbogrT2">Cemetery Land and Improvements</span></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The development of a cemetery involves not only the initial acquisition of raw land but also the installation of roads, water lines, landscaping and other costs to establish a marketable cemetery lot. The costs of developing the cemetery are shown as an asset on the balance sheet. The amount on the balance sheet is reduced by the total cost assigned to the development of a particular lot when the criterion for recognizing a sale of that lot is met.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p id="xdx_84D_eus-gaap--CapitalizationOfDeferredPolicyAcquisitionCostsPolicy_zo4zaG52Lou9" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><span id="xdx_864_zne0Ljm04Q24">Deferred Policy Acquisition Costs and Value of Business Acquired</span></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Commissions and other costs, net of commission and expense allowances for reinsurance ceded, that vary with and are primarily related to the production of new insurance business have been deferred. Deferred policy acquisition costs (“DAC”) for traditional life insurance are amortized over the premium paying period of the related policies using assumptions consistent with those used in computing policy benefit reserves. For interest-sensitive insurance products, deferred policy acquisition costs are amortized generally in proportion to the present value of expected gross profits from surrender charges, investment, mortality and expense margins. This amortization is adjusted when estimates of current or future gross profits to be realized from a group of products are reevaluated. Deferred acquisition costs are written off when policies lapse or are surrendered.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">When accounting for DAC, the Company considers internal replacements of insurance and investment contracts. An internal replacement is a modification in product benefits, features, rights or coverage that occurs by the exchange of a contract for a new contract, or by amendment, endorsement, or rider to contract, or by the election of a feature or coverage within a contract. Modifications that result in a replacement contract that is substantially changed from the replaced contract are accounted for as an extinguishment of the replaced contract. Unamortized DAC, unearned revenue liabilities and deferred sales inducements from the replaced contract are written-off. Modifications that result in a contract that is substantially unchanged from the replaced contract are accounted for as a continuation of the replaced contract.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Value of business acquired (“VOBA”) is the present value of estimated future profits of the acquired business and is amortized similar to deferred policy acquisition costs.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b> </b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">SECURITY NATIONAL FINANCIAL CORPORATION</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">AND SUBSIDIARIES</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Notes to Consolidated Financial Statements</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Years Ended December 31, 2021 and 2020</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">1) <span style="text-decoration: underline">Significant Accounting Policies</span> (Continued)</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b> </b></span></p> <p id="xdx_84E_ecustom--PremiumDeficiencyAndLossRecoveryPolicyTextBlock_z9f84jPIf2Nl" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="text-decoration: underline">Premium Deficiency and Loss Recognition Testing</span></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">At least annually, the Company tests the adequacy of the net benefit reserves (liability for future policy benefits, net of DAC and VOBA) recorded for life insurance and annuity products. The Company tests for recoverability by using the Company’s current best-estimate assumptions as to policyholder mortality, persistency, maintenance expenses and invested asset returns. These tests evaluate whether the present value of future contract-related cash flows will support the capitalized DAC and VOBA assets. These cash flows consist primarily of premium income, less benefits and expenses. If the current contract liabilities plus the present value of future premiums is greater than the sum of the present values of future policy benefits, commissions, and expenses plus the current DAC and VOBA less unearned premium reserve balances, then the capitalized assets are deemed recoverable. The present values are calculated using the best estimate of the after tax net investment earned rate.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b/></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b> </b></span></p> <p id="xdx_848_ecustom--MortgageServicingRightsPolicyTextBlock_zOtNOGw6Qte2" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><span id="xdx_86C_zkLu3Xm9JV4b">Mortgage Servicing Rights</span></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Mortgage Servicing Rights (“MSR”) arise from contractual agreements between the Company and third-party investors (or their agents) when mortgage loans are sold. Under these contracts, the Company is obligated to retain and provide loan servicing functions on loans sold, in exchange for fees and other remuneration. The servicing functions typically performed include, among other responsibilities, collecting and remitting loan payments; responding to borrower inquiries; accounting for principal and interest, holding custodial (impound) funds for payment of property taxes and insurance premiums; counseling delinquent mortgagors; and supervising the acquisition of real estate owned and property dispositions.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The total residential mortgage loans serviced for others consist primarily of agency conforming fixed-rate mortgage loans. The value of MSRs is derived from the net cash flows associated with the servicing contracts. The Company receives a servicing fee of generally about <span id="xdx_90E_ecustom--RemainingOutstandingPrincipalBalancePercentage_pid_dp_uPure_c20210101__20211231_zTprRQaEm1I7" title="Remaining outstanding principal balance percentage">0.250</span>% annually on the remaining outstanding principal balances of the loans. Based on the result of the cash flow analysis, an asset or liability is recorded for mortgage servicing rights. The servicing fees are collected from the monthly payments made by the mortgagors. The Company generally receives other remuneration including rights to various mortgagor-contracted fees such as late charges, and collateral reconveyance charges and the Company is generally entitled to retain the interest earned on funds held pending remittance of mortgagor principal, interest, tax and insurance payments. Contractual servicing fees and late fees are included in other revenues on the consolidated statements of earnings.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Company’s subsequent accounting for MSRs is based on the class of MSRs. The Company has identified two classes of MSRs: MSRs backed by mortgage loans with initial term of <span id="xdx_903_eus-gaap--DebtInstrumentTerm_dtY_c20210101__20211231__us-gaap--DebtInstrumentAxis__custom--MSRsClassOneMember_z6M8pqO85Ale" title="Debt instrument term">30</span> years and MSRs backed by mortgage loans with initial term of <span id="xdx_905_eus-gaap--DebtInstrumentTerm_dtY_c20210101__20211231__us-gaap--DebtInstrumentAxis__custom--MSRsClassTwoMember_zDepT50Q2LYg" title="Debt instrument term">15</span> years. The Company distinguishes between these classes of MSRs due to their differing sensitivities to change in value as the result of changes in market. 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.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Interest rate risk, prepayment risk, and default risk are inherent risks in MSR valuation. Interest rate changes largely drive prepayment rates. Refinance activity generally increases as rates decline. A significant decrease in rates beyond expectation could cause a decline in the value of the MSR. On the contrary, if rates increase borrowers are less likely to refinance or prepay their mortgage, which extends the duration of the loan and MSR values are likely to rise. Because of these risks, discount rates and prepayment speeds are used to estimate the fair value.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">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.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">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.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> 0.00250 P30Y P15Y <p id="xdx_84B_eus-gaap--PropertyPlantAndEquipmentPolicyTextBlock_zH19hU6g7BZ8" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><span id="xdx_86A_z4uxEugCqeXi">Property and Equipment</span></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Property and equipment are recorded at cost. Depreciation is calculated principally on the straight-line method over the estimated useful lives of the assets which range from <span id="xdx_908_eus-gaap--PropertyPlantAndEquipmentUsefulLife_dxL_c20210101__20211231__srt--RangeAxis__srt--MinimumMember_zf2U5mLLHHD3" title="Estimated useful lives::XDX::P3Y"><span style="-sec-ix-hidden: xdx2ixbrl0818">three</span></span> to <span id="xdx_90E_eus-gaap--PropertyPlantAndEquipmentUsefulLife_dc_c20210101__20211231__srt--RangeAxis__srt--MaximumMember_zBGEPOebCiV7" title="Estimated useful lives">forty years</span>. Leasehold improvements paid for by the Company as a lessee are amortized over the lesser of the useful life or remaining lease terms.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b> </b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">SECURITY NATIONAL FINANCIAL CORPORATION</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">AND SUBSIDIARIES</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Notes to Consolidated Financial Statements</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Years Ended December 31, 2021 and 2020</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">1) <span style="text-decoration: underline">Significant Accounting Policies</span> (Continued)</span></p> <p style="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> P40Y <p id="xdx_840_eus-gaap--ImpairmentOrDisposalOfLongLivedAssetsPolicyTextBlock_z9tY4EJ9YKQ1" style="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span id="xdx_86B_zrgfcUY9s7oj">Long-lived Assets</span></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Long-lived assets to be held and used, including property and equipment and real estate held for investment, are reviewed for impairment whenever events or changes in circumstances indicate that the related carrying amount may not be recoverable. When required, impairment losses on assets to be held and used are recognized based on the fair value of the asset, and long-lived assets to be disposed of are reported at the lower of carrying amount or fair value less costs to sell. No impairment of long-lived assets has been recognized in the accompanying financial statements except for certain impairments of real estate held for investment as disclosed in Note 2.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p id="xdx_848_eus-gaap--DerivativesPolicyTextBlock_zay2BK02yIZi" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><span id="xdx_862_z5wvc1x3EKeh">Derivative Instruments</span></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Mortgage Banking Derivatives</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="text-decoration: underline">Loan Commitments</span></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">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.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">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.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">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. 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 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.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="text-decoration: underline">Forward Sale Commitments</span></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">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.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">SECURITY NATIONAL FINANCIAL CORPORATION</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">AND SUBSIDIARIES</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Notes to Consolidated Financial Statements</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Years Ended December 31, 2021 and 2020</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">1) <span style="text-decoration: underline">Significant Accounting Policies</span> (Continued)</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">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 consolidated balance sheets.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Call and Put Option Derivatives</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Company uses a strategy of selling “out of the money” call options on its equity securities as a source of revenue. The options give the purchaser the right to buy from the Company specified equity securities at a set price up to a pre-determined date in the future. The Company uses the strategy of selling put options as a means of generating cash or purchasing equity securities at lower than current market prices. The Company receives an immediate payment of cash for the value of the option and establishes a liability for the fair value of the option. The liability for options is adjusted to fair value at each reporting date. In the event a call option is exercised, the Company sells the equity security at a favorable price enhanced by the value of the option that was sold. If the option expires unexercised, the Company recognizes a gain from the expired option. In the event a put option is exercised, the Company acquires an equity security at the strike price of the option reduced by the value received from the sale of the put option. The equity security is then treated as a normal equity security in the Company’s portfolio. The net changes in the fair value of call and put options are shown in current earnings as a component of gains (losses) on investments and other assets. Call and put options are shown in other liabilities and accrued expenses on the consolidated balance sheets.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p id="xdx_849_eus-gaap--LoansAndLeasesReceivableAllowanceForLoanLossesPolicy_zqig6vdedUE7" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="text-decoration: none; font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><span id="xdx_86D_zFzgPZ3rPrZb">Allowance for Doubtful Accounts and Loan Losses and Impaired Loans</span></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Company records an allowance and recognizes an expense for potential losses from mortgage loans held for investment, other investments and receivables in accordance with GAAP.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Receivables are the result of cemetery and mortuary operations, mortgage loan operations and life insurance operations. The allowance is based upon the Company’s historical experience for collectively evaluated impairment. Other allowances are based upon receivables individually evaluated for impairment. Collectability of the cemetery and mortuary receivables is significantly influenced by current economic conditions. The critical issues that impact recovery of mortgage loan operations are interest rate risk, loan underwriting, new regulations and the overall economy.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Company provides for losses on its mortgage loans held for investment through an allowance for loan losses (a contra-asset account). The allowance is comprised of two components. The first component is an allowance for collectively evaluated impairment that is based upon the Company’s historical experience in collecting similar receivables. The second component is based upon individual evaluation of loans that are determined to be impaired. As a practical expedient, upon determining impairment, the Company establishes an individual impairment allowance based upon an assessment of the fair value of the underlying collateral. See the schedules in Note 2 for additional information. In addition, when a mortgage loan is past due more than 90 days, the Company does not accrue any interest income. When a loan becomes delinquent, the Company proceeds to foreclose on the real estate and all expenses for foreclosure are expensed as incurred. Once foreclosed, an adjustment for the lower of cost or fair value is made, if necessary, and the amount is classified as real estate held for investment. The Company will rent the properties until it is deemed desirable to sell them.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The allowance for losses on mortgage loans held for investment could change based on changes in the value of the underlying collateral, the performance status of the loans, or the Company’s actual collection experience. The actual losses could change, in the near term, from the established allowance, based upon the occurrence or non-occurrence of these events.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">For purposes of determining the allowance for 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:</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">SECURITY NATIONAL FINANCIAL CORPORATION</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">AND SUBSIDIARIES</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Notes to Consolidated Financial Statements</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Years Ended December 31, 2021 and 2020</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">1) <span style="text-decoration: underline">Significant Accounting Policies</span> (Continued)</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="text-decoration: underline">Commercial </span>— 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 secondary on the borrower’s (or guarantors) ability to repay.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="text-decoration: underline">Residential </span>— Secured by family dwelling units. These loans are secured by first and second mortgages on the unit. The borrower’s ability to repay is sensitive to the life events and general economic condition of the region. Where loan to values exceed 80%, the loan is generally guaranteed by private mortgage insurance, FHA or VA.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="text-decoration: underline">Residential construction (including land acquisition and development)</span> — 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. These loans will rely on the value associated with the project upon completion. These cost and valuation estimates may be inaccurate. 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 is underwritten according to the Company’s policies, which include independent appraisal valuations as well as the estimated value associated with the land upon completion of development into finished lots. These cost and valuation estimates may be inaccurate. 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.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font: normal 10pt Times New Roman, Times, Serif"> </span></p> <p id="xdx_84B_eus-gaap--FuturePolicyBenefitsLiabilityPolicy_zkGmyhR7kBEk" style="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span id="xdx_86C_zOtQdxQRPvK3">Future Policy Benefits and Unpaid Claims</span></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Future policy benefit reserves for traditional life insurance are computed using a net level method, including assumptions as to investment yields, mortality, morbidity, withdrawals, and other assumptions based on the life insurance subsidiaries’ experience, modified as necessary to give effect to anticipated trends and to include provisions for possible unfavorable deviations. Such liabilities are, for some plans, graded to equal statutory values or cash values at or prior to maturity, which are deemed a reasonable equivalent for GAAP. The range of assumed interest rates for all traditional life insurance policy reserves was <span id="xdx_903_eus-gaap--DebtInstrumentInterestRateEffectivePercentage_iI_pid_dp_uPure_c20211231__srt--RangeAxis__srt--MinimumMember_zlJ3ETGllSa6" title="Debt instrument interest rate effective percentage">4</span>% to <span id="xdx_902_eus-gaap--DebtInstrumentInterestRateEffectivePercentage_iI_pid_dp_uPure_c20211231__srt--RangeAxis__srt--MaximumMember_zkQjiNxb9eD3" title="Debt instrument interest rate effective percentage">10</span>%. Benefit reserves for traditional limited-payment life insurance policies include the deferred portion of the premiums received during the premium-paying period. Deferred premiums are recognized as income over the life of the policies. Policy benefit claims are charged to expense in the period the claims are incurred. Increases in future policy benefits are charged to expense.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">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 <span id="xdx_909_eus-gaap--ParticipatingPolicyPercentageOfPremiumIncome_pid_dp_uPure_c20210101__20211231__srt--RangeAxis__srt--MinimumMember_z6vGSNEIfl27" title="Participating policy percentage of premium income">3</span>% to <span id="xdx_903_eus-gaap--ParticipatingPolicyPercentageOfPremiumIncome_pid_dp_uPure_c20210101__20211231__srt--RangeAxis__srt--MaximumMember_zef1fuR7VXGi" title="Participating policy percentage of premium income">6.5</span>%.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Company records an unpaid claims liability for claims in the course of settlement equal to the death benefit amount less any reinsurance recoverable amount for claims reported. There is also an unpaid claims liability for claims incurred but not reported. This liability is based on the historical experience of the net amount of claims that were reported in reporting periods subsequent to the reporting period when claims were incurred.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b> </b></span></p> 0.04 0.10 0.03 0.065 <p id="xdx_849_ecustom--ParticipatingInsurancePolicyTextBlock_zebOCll391l8" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><span id="xdx_86C_zo9deWV2S8dc">Participating Insurance</span></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Participating business constituted <span id="xdx_907_ecustom--ParticipatingBusiness_dp_uPure_c20210101__20211231_zyGdaSIEiIuh" title="Participating business"><span id="xdx_907_ecustom--ParticipatingBusiness_dp_uPure_c20200101__20201231_zDFne8lLqfgl" title="Participating business">2</span></span>% of insurance in force for the years ended 2021 and 2020. The provision for policyholders’ dividends included in policyholder obligations is based on dividend scales anticipated by management. Amounts to be paid are determined by the Board of Directors.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b> </b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">SECURITY NATIONAL FINANCIAL CORPORATION</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">AND SUBSIDIARIES</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Notes to Consolidated Financial Statements</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Years Ended December 31, 2021 and 2020</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">1) <span style="text-decoration: underline">Significant Accounting Policies</span> (Continued)</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b> </b></span></p> 0.02 0.02 <p id="xdx_84F_eus-gaap--RevenueRecognitionPremiumsEarnedPolicy_zNR6YTr7H5Fg" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><span id="xdx_866_zVpqZuWubcg">Recognition of Insurance Premiums and Other Considerations</span></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Premiums and other consideration for traditional life insurance products (which include those products with fixed and guaranteed premiums and benefits and consist principally of whole life insurance policies, limited payment life insurance policies, and certain annuities with life contingencies) are recognized as revenues when due from policyholders. Premiums and other consideration for interest-sensitive insurance policies (which include universal life policies, interest-sensitive life policies, deferred annuities, and annuities without life contingencies) are recognized when earned and consist of amounts assessed against policyholder account balances during the period for policy administration charges and surrender charges.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p id="xdx_844_eus-gaap--ReinsuranceAccountingPolicy_zRZaZTTfzjc8" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><span id="xdx_86E_zSMcwxdvGac2">Reinsurance</span></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Company follows the procedure of reinsuring risks in excess of $<span id="xdx_906_ecustom--DiversificationOfBusiness_c20210101__20211231_zAOFNfWcok0f" title="Diversification of business">100,000</span> to provide for greater diversification of business to allow management to control exposure to potential losses arising from large risks, and provide additional capacity for growth. The Company remains liable for amounts ceded in the event the reinsurers are unable to meet their obligations.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Company entered into coinsurance agreements with unaffiliated insurance companies under which the Company assumed <span id="xdx_90F_eus-gaap--ConcentrationRiskPercentage1_dp_uPure_c20210101__20211231_znyRSoukZfC8" title="Concentration risk percentage1">100</span>% of the risk for certain life insurance policies and certain other policy-related liabilities of the insurance company.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Reinsurance premiums, commissions, expense reimbursements, and reserves related to reinsured business are accounted for on a basis consistent with those used in accounting for the original policies issued and the terms of the reinsurance contracts. Expense allowances received in connection with reinsurance ceded are accounted for as a reduction of the related policy acquisition costs and are deferred and amortized accordingly.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> 100000 1 <p id="xdx_843_ecustom--PreneedSalesAndCostsPolicyTextBlock_z3JNdrYFAiy" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><span id="xdx_86F_z2LMEITLymH5">Pre-need Sales and Costs</span></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="text-decoration: underline">Pre-need contract sales of funeral services and caskets</span> - revenue and costs associated with the sales of pre-need funeral services and caskets are deferred until the performance obligations are fulfilled (services are performed or the caskets are delivered).</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="text-decoration: underline">Sales of cemetery interment rights (cemetery burial property)</span> - revenue and costs associated with the sale of cemetery interment rights are deferred until 10% of the sales price has been collected.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="text-decoration: underline">Pre-need contract sales of cemetery merchandise (primarily markers and vaults)</span> - revenue and costs associated with the sale of pre-need cemetery merchandise is deferred until the merchandise is delivered to the Company.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="text-decoration: underline">Pre-need contract sales of cemetery services (primarily merchandise delivery, installation fees and burial opening and closing fees)</span> - revenue and costs associated with the sales of pre-need cemetery services are deferred until the services are performed.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="text-decoration: underline">Prearranged funeral and pre-need cemetery customer acquisition costs</span> - costs incurred related to obtaining new pre-need contract cemetery and prearranged funeral services, which include only costs that vary with and are primarily related to the acquisition of new pre-need cemetery and prearranged funeral services, are deferred until the merchandise is delivered or services are performed.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Revenues and costs for at-need sales are recorded when a valid contract exists, the services are performed, collection is reasonably assured and there are no significant performance obligations remaining.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">SECURITY NATIONAL FINANCIAL CORPORATION</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">AND SUBSIDIARIES</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Notes to Consolidated Financial Statements</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Years Ended December 31, 2021 and 2020</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">1) <span style="text-decoration: underline">Significant Accounting Policies</span> (Continued)</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Company, through its cemetery and mortuary operations, provides guaranteed funeral arrangements wherein a prospective customer can receive future goods and services at guaranteed prices. To accomplish this, the Company, through its life insurance operations, sells to the customer an increasing benefit life insurance policy that is assigned to the mortuaries. If, at the time of need, the policyholder/potential mortuary customer utilizes one of the Company’s facilities, the guaranteed funeral arrangement contract that has been assigned will provide the funeral goods and services at the contracted price. The increasing life insurance policy will cover the difference between the original contract prices and current prices. Risks may arise if the difference cannot be fully met by the life insurance policy. However, management believes that given current inflation rates and related price increases of goods and services, the risk of exposure is minimal.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p id="xdx_84A_eus-gaap--GoodwillAndIntangibleAssetsGoodwillPolicy_znSljKbt3Ccb" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><span id="xdx_867_zxWhEm91HIj8">Goodwill</span></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Previous acquisitions have been accounted for as purchases under which assets acquired and liabilities assumed were recorded at their fair values with the excess purchase price recognized as goodwill. The Company evaluates annually or when changes in circumstances warrant the recoverability of goodwill and if there is a decrease in value, the related impairment is recognized as a charge against income. No impairment of goodwill has been recognized in the accompanying financial statements.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p id="xdx_84C_eus-gaap--GoodwillAndIntangibleAssetsIntangibleAssetsPolicy_zTLbV6dGwUU4" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><span id="xdx_869_zKLYfCl1AEHe">Other Intangibles</span></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Other intangibles are recognized apart from goodwill whenever an acquired intangible asset arises from contractual or other legal rights, or whenever it is capable of being separated or divided from the acquired entity and sold, transferred, licensed, rented, or exchanged, either individually or in combination with a related contract, asset, or liability. The Company engages a third-party valuation firm to analyze the value of the intangible assets that result from significant acquisitions. The value of the intangible assets that result from these acquisitions are included in Other Assets and are determined using the income approach, relying on a relief from the royalty method.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p id="xdx_84C_eus-gaap--IncomeTaxPolicyTextBlock_zplzEDSoWuH3" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><span id="xdx_862_zYfsIHXl4VLl">Income Taxes</span></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Income taxes include taxes currently payable plus deferred taxes. Deferred tax assets and liabilities are recognized for the future tax consequences attributable to the temporary differences in the financial reporting basis and tax basis of assets and liabilities and operating loss carry-forwards. Deferred tax assets are measured using enacted tax rates expected to apply to taxable income in the years in which these temporary differences are expected to be recovered or settled.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Liabilities are established for uncertain tax positions expected to be taken in income tax returns when such positions are judged to meet the “more-likely-than-not” threshold based on the technical merits of the positions. Estimated interest and penalties related to uncertain tax penalties are included as a component of income tax expense.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b> </b></span></p> <p id="xdx_847_eus-gaap--EarningsPerSharePolicyTextBlock_zDTGVWMc1IJl" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><span id="xdx_864_zDkrGh3U7D1c">Earnings Per Common Share</span></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Company computes earnings per share which requires presentation of basic and diluted earnings per share. Basic earnings per equivalent Class A common share are computed by dividing net earnings by the weighted-average number of Class A common shares outstanding during each year presented, after the effect of the assumed conversion of Class C common stock to Class A common stock. Diluted earnings per share is computed by dividing net earnings by the weighted-average number of common shares outstanding during the year used to compute basic earnings per share plus dilutive potential incremental shares. Basic and diluted earnings per share amounts have been adjusted retroactively for the effect of annual stock dividends.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b> </b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">SECURITY NATIONAL FINANCIAL CORPORATION</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">AND SUBSIDIARIES</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Notes to Consolidated Financial Statements</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Years Ended December 31, 2021 and 2020</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">1) <span style="text-decoration: underline">Significant Accounting Policies</span> (Continued)</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b> </b></span></p> <p id="xdx_849_eus-gaap--ShareBasedCompensationOptionAndIncentivePlansPolicy_zyrjNuZxCEd4" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><span id="xdx_86E_z9mePDme4xVb">Stock Based Compensation</span></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The cost of employee services received in exchange for an award of equity instruments is recognized in the financial statements and is measured based on the fair value on the grant date of the award. The fair value of stock options is calculated using the Black Scholes Option Pricing Model. Stock option compensation expense is recognized over the period during which an employee is required to provide service in exchange for the award and is included in personnel expenses on the consolidated statements of earnings.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p id="xdx_842_eus-gaap--ConcentrationRiskCreditRisk_zBifQD3asxPj" style="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span id="xdx_867_zLlcztcCHFYi">Concentration of Credit Risk</span></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin: 0pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">For a description of the concentration risk regarding available for sale debt securities, mortgage loans held for investment and real estate held for investment, refer to Note 2 of the Notes to Consolidated Financial Statements.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b> </b></span></p> <p id="xdx_84F_eus-gaap--AdvertisingCostsPolicyTextBlock_zfY7B9Ns2l7e" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><span id="xdx_864_zMeWL5DlTEQ2">Advertising</span></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Company expenses advertising costs as incurred.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p id="xdx_849_eus-gaap--NewAccountingPronouncementsPolicyPolicyTextBlock_zylgxtYdHzOg" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><span id="xdx_869_z50ARWstUvr4">Recent Accounting Pronouncements</span></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b> </b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Accounting Standards Issued But Not Yet Adopted</b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="text-decoration: underline">ASU No. 2016-13: “Financial Instruments – Credit Losses (Topic 326)”</span> — Issued in September 2016, ASU 2016-13 amends guidance on reporting credit losses for assets held at amortized cost basis (such as mortgage loans 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 in current GAAP 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, credit losses should be measured in a manner similar to current GAAP; however, Topic 326 will require that credit losses be presented as an allowance rather than as a write-down. In October 2019, the FASB proposed an update to ASU No. 2016-13 that would make the ASU effective for the Company on January 1, 2023. The Company is in the process of evaluating the potential impact of this standard.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="text-decoration: underline">ASU No. 2018-12: “Financial Services – Insurance (Topic 944): Targeted Improvements to the Accounting for Long-Duration Contracts” </span>— 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.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">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.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">SECURITY NATIONAL FINANCIAL CORPORATION</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">AND SUBSIDIARIES</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Notes to Consolidated Financial Statements</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Years Ended December 31, 2021 and 2020</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p id="xdx_803_eus-gaap--InvestmentsInDebtAndMarketableEquitySecuritiesAndCertainTradingAssetsDisclosureTextBlock_zpgmfJUkmhx1" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">2) <span style="text-decoration: underline"><span id="xdx_82D_zZPeUjkd3m55">Investments</span></span></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p id="xdx_89E_eus-gaap--ScheduleOfAvailableForSaleSecuritiesReconciliationTableTextBlock_zFSwpx6PUSA3" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Company’s investments as of December 31, 2021 are summarized as follows:</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> <span id="xdx_8B9_zHpMC8EbbUai" style="display: none">Schedule of Investments</span></span></p> <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">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, 2021:</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="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_986_eus-gaap--AvailableForSaleDebtSecuritiesAmortizedCostBasis_iI_c20211231__us-gaap--FinancialInstrumentAxis__us-gaap--USTreasurySecuritiesMember_zlZnJCE1HXv9" style="width: 11%; text-align: right" title="Available for sale securities, amortized cost">22,307,736</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_981_eus-gaap--AvailableForSaleDebtSecuritiesGrossUnrealizedGain_c20210101__20211231__us-gaap--FinancialInstrumentAxis__us-gaap--USTreasurySecuritiesMember_zZGJP9hW05ek" style="width: 11%; text-align: right" title="Available for sale securities, unrecognized holding gain">578,567</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_986_eus-gaap--AvailableForSaleDebtSecuritiesGrossUnrealizedLoss_iN_di_c20210101__20211231__us-gaap--FinancialInstrumentAxis__us-gaap--USTreasurySecuritiesMember_zNgZCUgtwgu5" style="width: 11%; text-align: right" title="Available for sale securities, unrecognized holding loss"><span style="-sec-ix-hidden: xdx2ixbrl0878">-</span></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_c20211231__us-gaap--FinancialInstrumentAxis__us-gaap--USTreasurySecuritiesMember_z0WCnZlmkTec" style="width: 11%; text-align: right" title="Available for sale securities, estimated fair value">22,886,303</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_98C_eus-gaap--AvailableForSaleDebtSecuritiesAmortizedCostBasis_iI_c20211231__us-gaap--FinancialInstrumentAxis__us-gaap--USStatesAndPoliticalSubdivisionsMember_zGdpgpuV41Q4" style="text-align: right" title="Available for sale securities, amortized cost">4,649,917</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98C_eus-gaap--AvailableForSaleDebtSecuritiesGrossUnrealizedGain_c20210101__20211231__us-gaap--FinancialInstrumentAxis__us-gaap--USStatesAndPoliticalSubdivisionsMember_zrCMr2IN7c5k" style="text-align: right" title="Available for sale securities, unrecognized holding gain">212,803</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98E_eus-gaap--AvailableForSaleDebtSecuritiesGrossUnrealizedLoss_iN_di_c20210101__20211231__us-gaap--FinancialInstrumentAxis__us-gaap--USStatesAndPoliticalSubdivisionsMember_z8QgLurjVJB8" style="text-align: right" title="Available for sale securities, unrecognized holding loss">(1,989</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td id="xdx_981_eus-gaap--AvailableForSaleSecuritiesDebtSecuritiesCurrent_iI_c20211231__us-gaap--FinancialInstrumentAxis__us-gaap--USStatesAndPoliticalSubdivisionsMember_zmWn8Cfqc99i" style="text-align: right" title="Available for sale securities, estimated fair value">4,860,731</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_982_eus-gaap--AvailableForSaleDebtSecuritiesAmortizedCostBasis_iI_c20211231__us-gaap--FinancialInstrumentAxis__us-gaap--CorporateDebtSecuritiesMember_zX28CuOgS9ee" style="text-align: right" title="Available for sale securities, amortized cost">174,711,061</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98B_eus-gaap--AvailableForSaleDebtSecuritiesGrossUnrealizedGain_c20210101__20211231__us-gaap--FinancialInstrumentAxis__us-gaap--CorporateDebtSecuritiesMember_zzWdRstcoIia" style="text-align: right" title="Available for sale securities, unrecognized holding gain">21,791,370</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_980_eus-gaap--AvailableForSaleDebtSecuritiesGrossUnrealizedLoss_iN_di_c20210101__20211231__us-gaap--FinancialInstrumentAxis__us-gaap--CorporateDebtSecuritiesMember_zjoV7lMoZYb4" style="text-align: right" title="Available for sale securities, unrecognized holding loss">(353,668</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td id="xdx_988_eus-gaap--AvailableForSaleSecuritiesDebtSecuritiesCurrent_iI_c20211231__us-gaap--FinancialInstrumentAxis__us-gaap--CorporateDebtSecuritiesMember_zn0uanozyabb" style="text-align: right" title="Available for sale securities, estimated fair value">196,148,763</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_983_eus-gaap--AvailableForSaleDebtSecuritiesAmortizedCostBasis_iI_c20211231__us-gaap--FinancialInstrumentAxis__us-gaap--MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMember_zucCbekgNPN7" style="text-align: right" title="Available for sale securities, amortized cost">34,365,382</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98F_eus-gaap--AvailableForSaleDebtSecuritiesGrossUnrealizedGain_c20210101__20211231__us-gaap--FinancialInstrumentAxis__us-gaap--MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMember_zAphYNQSBSv9" style="text-align: right" title="Available for sale securities, unrecognized holding gain">905,159</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98C_eus-gaap--AvailableForSaleDebtSecuritiesGrossUnrealizedLoss_iN_di_c20210101__20211231__us-gaap--FinancialInstrumentAxis__us-gaap--MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMember_zekIRwJlP5Lc" style="text-align: right" title="Available for sale securities, unrecognized holding loss">(161,332</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td id="xdx_989_eus-gaap--AvailableForSaleSecuritiesDebtSecuritiesCurrent_iI_c20211231__us-gaap--FinancialInstrumentAxis__us-gaap--MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMember_ztkZWxylB678" style="text-align: right" title="Available for sale securities, estimated fair value">35,109,209</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-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_c20211231__us-gaap--FinancialInstrumentAxis__us-gaap--RedeemablePreferredStockMember_zX78VwlPFoH" style="border-bottom: Black 1pt solid; text-align: right" title="Available for sale securities, amortized cost">269,214</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--AvailableForSaleDebtSecuritiesGrossUnrealizedGain_c20210101__20211231__us-gaap--FinancialInstrumentAxis__us-gaap--RedeemablePreferredStockMember_z99nPKkagya5" style="border-bottom: Black 1pt solid; text-align: right" title="Available for sale securities, unrecognized holding gain">13,383</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--AvailableForSaleDebtSecuritiesGrossUnrealizedLoss_iN_di_c20210101__20211231__us-gaap--FinancialInstrumentAxis__us-gaap--RedeemablePreferredStockMember_zo5z4aK3Pdse" style="border-bottom: Black 1pt solid; text-align: right" title="Available for sale securities, unrecognized holding loss"><span style="-sec-ix-hidden: xdx2ixbrl0910">-</span></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--AvailableForSaleSecuritiesDebtSecuritiesCurrent_iI_c20211231__us-gaap--FinancialInstrumentAxis__us-gaap--RedeemablePreferredStockMember_zgifBpwOTYza" style="border-bottom: Black 1pt solid; text-align: right" title="Available for sale securities, estimated fair value">282,597</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: 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_981_eus-gaap--AvailableForSaleDebtSecuritiesAmortizedCostBasis_iI_c20211231_zBnmr5S7MOS7" style="border-bottom: Black 2.5pt double; text-align: right" title="Available for sale securities, amortized cost">236,303,310</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_985_eus-gaap--AvailableForSaleDebtSecuritiesGrossUnrealizedGain_c20210101__20211231_zqPpSPvUWBpc" style="border-bottom: Black 2.5pt double; text-align: right" title="Available for sale securities, unrecognized holding gain">23,501,282</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98D_eus-gaap--AvailableForSaleDebtSecuritiesGrossUnrealizedLoss_iN_di_c20210101__20211231_zMbMn2mh93i8" style="border-bottom: Black 2.5pt double; text-align: right" title="Available for sale securities, unrecognized holding loss">(516,989</td><td style="padding-bottom: 2.5pt; 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--AvailableForSaleSecuritiesDebtSecuritiesCurrent_iI_c20211231_zHjGGyTjdV" style="border-bottom: Black 2.5pt double; text-align: right" title="Available for sale securities, estimated fair value">259,287,603</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_985_eus-gaap--EquitySecuritiesFvNiCost_iI_c20211231__us-gaap--FinancialInstrumentAxis__custom--IndustrialMiscellaneousAndAllOtherMember_z4n1WxhEbuNe" style="border-bottom: Black 1pt solid; text-align: right" title="Available-for-sale securities, amortized cost basis">8,275,772</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">$</td><td id="xdx_982_eus-gaap--EquitySecuritiesFvNiUnrealizedGain_c20210101__20211231__us-gaap--FinancialInstrumentAxis__custom--IndustrialMiscellaneousAndAllOtherMember_zX5JZF3Mf8Ol" style="border-bottom: Black 1pt solid; text-align: right" title="Available-for-sale securities, gross unrealized gain">3,626,444</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left">$</td><td id="xdx_984_eus-gaap--EquitySecuritiesFvNiUnrealizedLoss_iN_di_c20210101__20211231__us-gaap--FinancialInstrumentAxis__custom--IndustrialMiscellaneousAndAllOtherMember_zXarSp1cHdKf" style="border-bottom: Black 1pt solid; text-align: right" title="Available for sale securities - gross unrealized losses">(305,802</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">$</td><td id="xdx_984_eus-gaap--EquitySecuritiesFvNi_iI_c20211231__us-gaap--FinancialInstrumentAxis__custom--IndustrialMiscellaneousAndAllOtherMember_zqA61LzMT8vd" style="border-bottom: Black 1pt solid; text-align: right" title="Available-for-sale securities, gross unrealized gain">11,596,414</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 20pt; text-align: left; padding-bottom: 2.5pt">Total equity securities at estimated fair value</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98A_eus-gaap--EquitySecuritiesFvNiCost_iI_c20211231__us-gaap--FinancialInstrumentAxis__custom--EquitySecuritiesOneMember_zCrG6Z0TWXzc" style="border-bottom: Black 2.5pt double; text-align: right" title="Available-for-sale securities, amortized cost basis">8,275,772</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98A_eus-gaap--EquitySecuritiesFvNiUnrealizedGain_c20210101__20211231__us-gaap--FinancialInstrumentAxis__custom--EquitySecuritiesOneMember_zthOYIWbsQqg" style="border-bottom: Black 2.5pt double; text-align: right" title="Available-for-sale securities, gross unrealized gain">3,626,444</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_980_eus-gaap--EquitySecuritiesFvNiUnrealizedLoss_iN_di_c20210101__20211231__us-gaap--FinancialInstrumentAxis__custom--EquitySecuritiesOneMember_zaYT7dxUKgh5" style="border-bottom: Black 2.5pt double; text-align: right" title="Available for sale securities - gross unrealized losses">(305,802</td><td style="padding-bottom: 2.5pt; text-align: left">)</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_984_eus-gaap--EquitySecuritiesFvNi_iI_c20211231__us-gaap--FinancialInstrumentAxis__custom--EquitySecuritiesOneMember_zK0ky08Vmkb" style="border-bottom: Black 2.5pt double; text-align: right" title="Available-for-sale securities, gross unrealized gain">11,596,414</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Mortgage loans held for investment at amortized cost:</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-left: 30pt">Residential</td><td> </td> <td style="text-align: left">$</td><td id="xdx_98B_eus-gaap--MortgageLoansOnRealEstateCommercialAndConsumerNet_iI_c20211231__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember_zne6GloYRbO3" style="text-align: right" title="Mortgage loans on real estate and construction">53,533,712</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="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: 30pt; text-align: left">Residential construction</td><td> </td> <td style="text-align: left"> </td><td id="xdx_987_eus-gaap--MortgageLoansOnRealEstateCommercialAndConsumerNet_iI_c20211231__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember_zdGFQENz3Vy2" style="text-align: right" title="Mortgage loans on real estate and construction">175,117,783</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="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: 30pt">Commercial</td><td> </td> <td style="text-align: left"> </td><td id="xdx_987_eus-gaap--MortgageLoansOnRealEstateCommercialAndConsumerNet_iI_c20211231__us-gaap--FinancialInstrumentAxis__custom--CommercialMember_zfj4zBq7yLzf" style="text-align: right" title="Mortgage loans on real estate and construction">51,683,022</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="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: 30pt; text-align: left">Less: Unamortized deferred loan fees, net</td><td> </td> <td style="text-align: left"> </td><td id="xdx_988_ecustom--MortgageLoansOnRealEstateAndConstructionUnamortizedDeferredLoanFeesNet_iI_c20211231_z8D9S8QuKp7e" style="text-align: right" title="Mortgage loans on real estate and construction, unamortized deferred loan fees, net">(918,586</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="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: 30pt; text-align: left">Less: Allowance for loan losses</td><td> </td> <td style="text-align: left"> </td><td id="xdx_988_eus-gaap--AllowanceForLoanAndLeaseLossesRealEstate_iNI_di_c20211231_zJfFuiF725c5" style="text-align: right" title="Mortgage loans on real estate and construction, allowance for losses">(1,699,902</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="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: 30pt; 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_980_ecustom--MortgageLoansOnRealEstateAndConstructionDiscount_iI_c20211231_zQj6pekgISz6" style="border-bottom: Black 1pt solid; text-align: right" title="Mortgage loans on real estate and construction, discount">(409,983</td><td style="padding-bottom: 1pt; text-align: left">)</td><td style="padding-bottom: 1pt"> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="text-align: left"> </td><td style="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_98D_eus-gaap--MortgageLoansOnRealEstateCommercialAndConsumerNet_iI_c20211231_z3V4Cig8glYa" style="border-bottom: Black 2.5pt double; text-align: right" title="Mortgage loans on real estate and construction">277,306,046</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="text-align: left"> </td><td style="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: 30pt">Residential</td><td> </td> <td style="text-align: left">$</td><td id="xdx_985_eus-gaap--RealEstateInvestments_iI_c20211231__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember_zVz4DXGOhiE2" style="text-align: right" title="Real estate held for investment, net of depreciation">41,972,462</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="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: 30pt; 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_98B_eus-gaap--RealEstateInvestments_iI_c20211231__us-gaap--FinancialInstrumentAxis__custom--CommercialMember_zPYTXUaFYzdk" style="border-bottom: Black 1pt solid; text-align: right" title="Real estate held for investment, net of depreciation">155,393,335</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="text-align: left"> </td><td style="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_983_eus-gaap--RealEstateInvestments_iI_c20211231_zhefloLFXUUd" style="border-bottom: Black 2.5pt double; text-align: right" title="Real estate held for investment, net of depreciation">197,365,797</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="text-align: left"> </td><td style="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 style="padding-left: 30pt">Residential</td><td> </td> <td style="text-align: left">$</td><td id="xdx_98D_eus-gaap--RealEstateHeldforsale_iI_c20211231__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember_za62KywIqVu3" style="text-align: right" title="Real estate held for sale">1,190,602</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="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="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: 30pt; 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_98D_eus-gaap--RealEstateHeldforsale_iI_c20211231__us-gaap--FinancialInstrumentAxis__custom--CommercialMember_zZ4gQQ2iqg43" style="border-bottom: Black 1pt solid; text-align: right" title="Real estate held for sale">2,540,698</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="text-align: left"> </td><td style="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_98A_eus-gaap--RealEstateHeldforsale_iI_c20211231_zI1Htx4VUht2" style="border-bottom: Black 2.5pt double; text-align: right" title="Real estate held for sale">3,731,300</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="text-align: left"> </td><td style="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: 30pt; text-align: left">Policy loans</td><td> </td> <td style="text-align: left">$</td><td id="xdx_98C_ecustom--PolicyLoansAmortizedCost_iI_c20211231_zs0yWTF64lWb" style="text-align: right" title="Policy loans">13,478,214</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="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: 30pt; text-align: left">Insurance assignments</td><td> </td> <td style="text-align: left"> </td><td id="xdx_984_ecustom--InsuranceAssignmentsAmortizedCost_iI_c20211231_z4qbXpV8O4ra" style="text-align: right" title="Insurance assignments">48,632,808</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="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: 30pt; text-align: left">Federal Home Loan Bank stock <span id="xdx_F44_zlqriGLooVOf">(1)</span></td><td> </td> <td style="text-align: left"> </td><td id="xdx_988_ecustom--FederalHomeLoanBankStockAmortizedCost_iI_c20211231_fKDEp_z8wTlsy5Wl57" style="text-align: right" title="Federal home loan bank stock">2,547,100</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="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: 30pt; text-align: left">Other investments</td><td> </td> <td style="text-align: left"> </td><td id="xdx_986_ecustom--OtherInvestmentsAmortizedCost_iI_c20211231_z12FUcYPN4F7" style="text-align: right" title="Other investments">4,983,251</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="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: 30pt; text-align: left; padding-bottom: 1pt">Less: Allowance for doubtful accounts</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_987_ecustom--AllowanceForDoubtfulAccounts_iNI_di_c20211231_zYoTcURnT1n7" style="border-bottom: Black 1pt solid; text-align: right" title="Allowance for doubtful accounts">(1,686,218</td><td style="padding-bottom: 1pt; text-align: left">)</td><td style="padding-bottom: 1pt"> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="text-align: left"> </td><td style="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 policy loans and other investments</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98F_ecustom--PolicyAndOtherLoansReceivableNet1_iI_c20211231_z4yntK7sx1j1" style="border-bottom: Black 2.5pt double; text-align: right" title="Total policy loans and other investments">67,955,155</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: justify; padding-bottom: 2.5pt">Accrued investment income</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98E_eus-gaap--AccruedInvestmentIncomeReceivable_iI_c20211231_zDdZCBHeWZa4" style="border-bottom: Black 2.5pt double; text-align: right" title="Accrued investment income">6,313,012</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="text-align: left"> </td><td style="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_985_eus-gaap--Investments_iI_c20211231_zbFmNI2cGeS7" style="border-bottom: Black 2.5pt double; text-align: right" title="Total investments">823,555,327</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <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: 1pc"><span id="xdx_F06_zvkwHYlWL5ge" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(1)</span></td> <td><span id="xdx_F12_z4ePk14ex6ya" style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> Includes $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNjaGVkdWxlIG9mIEZhaXIgVmFsdWUgb2YgRml4ZWQgTWF0dXJpdHkgU2VjdXJpdGllcyAoRGV0YWlscykgKFBhcmVudGhldGhpY2FsKQA_" id="xdx_90E_eus-gaap--ShortTermInvestments_iI_c20211231__srt--ProductOrServiceAxis__us-gaap--MembershipMember_zx5nrsJHK201" title="Short term investment">905,700</span> of Membership stock and $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNjaGVkdWxlIG9mIEZhaXIgVmFsdWUgb2YgRml4ZWQgTWF0dXJpdHkgU2VjdXJpdGllcyAoRGV0YWlscykgKFBhcmVudGhldGhpY2FsKQA_" id="xdx_90B_eus-gaap--ShortTermInvestments_iI_c20211231__srt--ProductOrServiceAxis__custom--ActivityStockDueMember_zAiMWGvTihWh" title="Short term investment">1,641,400</span> of Activity stock due to short-term advances and letters of credit.</span></td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">SECURITY NATIONAL FINANCIAL CORPORATION</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">AND SUBSIDIARIES</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Notes to Consolidated Financial Statements</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Years Ended December 31, 2021 and 2020</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">2) <span style="text-decoration: underline">Investments</span> (Continued)</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Company’s investments as of December 31, 2020 are summarized as follows:</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <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">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, 2020:</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="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_98B_eus-gaap--AvailableForSaleDebtSecuritiesAmortizedCostBasis_iI_c20201231__us-gaap--FinancialInstrumentAxis__us-gaap--USTreasurySecuritiesMember_zrCYUflgBSgd" style="width: 11%; text-align: right" title="Available for sale securities, amortized cost">42,381,805</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_98E_eus-gaap--AvailableForSaleDebtSecuritiesGrossUnrealizedGain_c20200101__20201231__us-gaap--FinancialInstrumentAxis__us-gaap--USTreasurySecuritiesMember_zJvZoMGPF9L8" style="width: 11%; text-align: right" title="Available for sale securities, unrecognized holding gain">1,358,562</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_989_eus-gaap--AvailableForSaleDebtSecuritiesGrossUnrealizedLoss_iN_di_c20200101__20201231__us-gaap--FinancialInstrumentAxis__us-gaap--USTreasurySecuritiesMember_zExTTu36uke3" style="width: 11%; text-align: right" title="Available for sale securities, unrecognized holding loss"><span style="-sec-ix-hidden: xdx2ixbrl0989">-</span></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--AvailableForSaleSecuritiesDebtSecuritiesCurrent_iI_c20201231__us-gaap--FinancialInstrumentAxis__us-gaap--USTreasurySecuritiesMember_zkIerZNmFCmb" style="width: 11%; text-align: right" title="Available for sale securities, Estimated fair value">43,740,367</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_980_eus-gaap--AvailableForSaleDebtSecuritiesAmortizedCostBasis_iI_c20201231__us-gaap--FinancialInstrumentAxis__us-gaap--USStatesAndPoliticalSubdivisionsMember_zMSE1lT9dh6b" style="text-align: right" title="Available for sale securities, amortized cost">5,383,762</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_980_eus-gaap--AvailableForSaleDebtSecuritiesGrossUnrealizedGain_c20200101__20201231__us-gaap--FinancialInstrumentAxis__us-gaap--USStatesAndPoliticalSubdivisionsMember_zBHK4ZUWI9Jf" style="text-align: right" title="Available for sale securities, unrecognized holding gain">312,214</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98C_eus-gaap--AvailableForSaleDebtSecuritiesGrossUnrealizedLoss_iN_di_c20200101__20201231__us-gaap--FinancialInstrumentAxis__us-gaap--USStatesAndPoliticalSubdivisionsMember_zr9uQVx2g4Gg" style="text-align: right" title="Available for sale securities, unrecognized holding loss"> (1,261</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98F_eus-gaap--AvailableForSaleSecuritiesDebtSecuritiesCurrent_iI_c20201231__us-gaap--FinancialInstrumentAxis__us-gaap--USStatesAndPoliticalSubdivisionsMember_zJZjEt3a33ic" style="text-align: right" title="Available for sale securities, Estimated fair value">5,694,715</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_98F_eus-gaap--AvailableForSaleDebtSecuritiesAmortizedCostBasis_iI_c20201231__us-gaap--FinancialInstrumentAxis__us-gaap--CorporateDebtSecuritiesMember_zF96bETAWEOj" style="text-align: right" title="Available for sale securities, amortized cost">186,067,912</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_981_eus-gaap--AvailableForSaleDebtSecuritiesGrossUnrealizedGain_c20200101__20201231__us-gaap--FinancialInstrumentAxis__us-gaap--CorporateDebtSecuritiesMember_zsukrbPXtXI6" style="text-align: right" title="Available for sale securities, unrecognized holding gain">27,216,496</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_982_eus-gaap--AvailableForSaleDebtSecuritiesGrossUnrealizedLoss_iN_di_c20200101__20201231__us-gaap--FinancialInstrumentAxis__us-gaap--CorporateDebtSecuritiesMember_zo03e5wzUzZ6" style="text-align: right" title="Available for sale securities, unrecognized holding loss">(681,478</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98E_eus-gaap--AvailableForSaleSecuritiesDebtSecuritiesCurrent_iI_c20201231__us-gaap--FinancialInstrumentAxis__us-gaap--CorporateDebtSecuritiesMember_zJzS2OMnhB79" style="text-align: right" title="Available for sale securities, Estimated fair value">212,602,930</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_983_eus-gaap--AvailableForSaleDebtSecuritiesAmortizedCostBasis_iI_c20201231__us-gaap--FinancialInstrumentAxis__us-gaap--MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMember_z54hHTEFsmVg" style="text-align: right" title="Available for sale securities, amortized cost">31,047,791</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_989_eus-gaap--AvailableForSaleDebtSecuritiesGrossUnrealizedGain_c20200101__20201231__us-gaap--FinancialInstrumentAxis__us-gaap--MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMember_za7hECQVezTj" style="text-align: right" title="Available for sale securities, unrecognized holding gain">1,565,377</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98F_eus-gaap--AvailableForSaleDebtSecuritiesGrossUnrealizedLoss_iN_di_c20200101__20201231__us-gaap--FinancialInstrumentAxis__us-gaap--MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMember_z7ItSRvzRwXe" style="text-align: right" title="Available for sale securities, unrecognized holding loss">(267,106</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td id="xdx_982_eus-gaap--AvailableForSaleSecuritiesDebtSecuritiesCurrent_iI_c20201231__us-gaap--FinancialInstrumentAxis__us-gaap--MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMember_zycES4IuFSU3" style="text-align: right" title="Available for sale securities, Estimated fair value">32,346,062</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-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_981_eus-gaap--AvailableForSaleDebtSecuritiesAmortizedCostBasis_iI_c20201231__us-gaap--FinancialInstrumentAxis__us-gaap--RedeemablePreferredStockMember_zZYVpmhWBvkb" style="border-bottom: Black 1pt solid; text-align: right" title="Available for sale securities, amortized cost">269,214</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--AvailableForSaleDebtSecuritiesGrossUnrealizedGain_c20200101__20201231__us-gaap--FinancialInstrumentAxis__us-gaap--RedeemablePreferredStockMember_zO72sRPKzMXg" style="border-bottom: Black 1pt solid; text-align: right" title="Available for sale securities, unrecognized holding gain">3,391</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--AvailableForSaleDebtSecuritiesGrossUnrealizedLoss_iN_di_c20200101__20201231__us-gaap--FinancialInstrumentAxis__us-gaap--RedeemablePreferredStockMember_zxIsyrkRP35h" style="border-bottom: Black 1pt solid; text-align: right" title="Available for sale securities, unrecognized holding loss"><span style="-sec-ix-hidden: xdx2ixbrl1021">-</span></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--AvailableForSaleSecuritiesDebtSecuritiesCurrent_iI_c20201231__us-gaap--FinancialInstrumentAxis__us-gaap--RedeemablePreferredStockMember_zPVNXsn5GC3g" style="border-bottom: Black 1pt solid; text-align: right" title="Available for sale securities, Estimated fair value">272,605</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: 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_c20201231_zVAKbKmdPwQ2" style="border-bottom: Black 2.5pt double; text-align: right" title="Available for sale securities, amortized cost">265,150,484</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98C_eus-gaap--AvailableForSaleDebtSecuritiesGrossUnrealizedGain_c20200101__20201231_zBSGkQZ34cp6" style="border-bottom: Black 2.5pt double; text-align: right" title="Available for sale securities, unrecognized holding gain">30,456,040</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_988_eus-gaap--AvailableForSaleDebtSecuritiesGrossUnrealizedLoss_iN_di_c20200101__20201231_zTSVqljtFtm" style="border-bottom: Black 2.5pt double; text-align: right" title="Available for sale securities, unrecognized holding loss">(949,845</td><td style="padding-bottom: 2.5pt; 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_c20201231_zESTrXUPvbmb" style="border-bottom: Black 2.5pt double; text-align: right" title="Available for sale securities, Estimated fair value">294,656,679</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_980_eus-gaap--EquitySecuritiesFvNiCost_iI_c20201231__us-gaap--FinancialInstrumentAxis__custom--IndustrialMiscellaneousAndAllOtherMember_zL9ubsqZIpIh" style="border-bottom: Black 1pt solid; text-align: right" title="Available-for-sale securities, amortized cost basis">9,698,490</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">$</td><td id="xdx_98D_eus-gaap--EquitySecuritiesFvNiUnrealizedGain_c20200101__20201231__us-gaap--FinancialInstrumentAxis__custom--IndustrialMiscellaneousAndAllOtherMember_z7s16hDCGj0g" style="border-bottom: Black 1pt solid; text-align: right" title="Available for sale securities, unrecognized holding gain">2,376,156</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left">$</td><td id="xdx_98B_eus-gaap--EquitySecuritiesFvNiUnrealizedLoss_iN_di_c20200101__20201231__us-gaap--FinancialInstrumentAxis__custom--IndustrialMiscellaneousAndAllOtherMember_zdUO3QuBbV8b" style="border-bottom: Black 1pt solid; text-align: right" title="Available for sale securities, unrecognized holding gain">(750,407</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">$</td><td id="xdx_987_eus-gaap--EquitySecuritiesFvNi_iI_c20201231__us-gaap--FinancialInstrumentAxis__custom--IndustrialMiscellaneousAndAllOtherMember_zJ5ORwmy5hV3" style="border-bottom: Black 1pt solid; text-align: right" title="Available for Sale Securities - Estimated Fair Value">11,324,239</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 20pt; text-align: left; padding-bottom: 2.5pt">Total equity securities at estimated fair value</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_985_eus-gaap--EquitySecuritiesFvNiCost_iI_c20201231__us-gaap--FinancialInstrumentAxis__custom--EquitySecurities1Member_zhSZNDYI5MAh" style="border-bottom: Black 2.5pt double; text-align: right" title="Available-for-sale securities, amortized cost basis">9,698,490</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_987_eus-gaap--EquitySecuritiesFvNiUnrealizedGain_c20200101__20201231__us-gaap--FinancialInstrumentAxis__custom--EquitySecurities1Member_zSXArUCw7yg8" style="border-bottom: Black 2.5pt double; text-align: right" title="Available for sale securities, unrecognized holding gain">2,376,156</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_983_eus-gaap--EquitySecuritiesFvNiUnrealizedLoss_iN_di_c20200101__20201231__us-gaap--FinancialInstrumentAxis__custom--EquitySecurities1Member_zPGZZgwbanJk" style="border-bottom: Black 2.5pt double; text-align: right" title="Available for sale securities, unrecognized holding gain">(750,407</td><td style="padding-bottom: 2.5pt; text-align: left">)</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_989_eus-gaap--EquitySecuritiesFvNi_iI_c20201231__us-gaap--FinancialInstrumentAxis__custom--EquitySecurities1Member_zVuakMpe4AX7" style="border-bottom: Black 2.5pt double; text-align: right" title="Available for Sale Securities - Estimated Fair Value">11,324,239</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Mortgage loans held for investment at amortized cost:</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-left: 30pt">Residential</td><td> </td> <td style="text-align: left">$</td><td id="xdx_983_eus-gaap--MortgageLoansOnRealEstateCommercialAndConsumerNet_iI_c20201231__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember_zfUEa8eRq0r6" style="text-align: right" title="Mortgage loans on real estate and construction">95,822,448</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="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: 30pt; text-align: left">Residential construction</td><td> </td> <td style="text-align: left"> </td><td id="xdx_982_eus-gaap--MortgageLoansOnRealEstateCommercialAndConsumerNet_iI_c20201231__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember_zP6bC9xxhTR6" style="text-align: right" title="Mortgage loans on real estate and construction">111,111,777</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="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: 30pt">Commercial</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98A_eus-gaap--MortgageLoansOnRealEstateCommercialAndConsumerNet_iI_c20201231__us-gaap--FinancialInstrumentAxis__custom--CommercialMember_zg1RXHYmKCHd" style="text-align: right" title="Mortgage loans on real estate and construction">46,836,866</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="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: 30pt; text-align: left">Less: Unamortized deferred loan fees, net</td><td> </td> <td style="text-align: left"> </td><td id="xdx_987_ecustom--MortgageLoansOnRealEstateAndConstructionUnamortizedDeferredLoanFeesNet_iNI_di_c20201231_zbu5kZ5I28S5" style="text-align: right" title="Mortgage loans on real estate and construction, unamortized deferred loan fees, net">(1,161,132</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="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: 30pt; text-align: left">Less: Allowance for loan losses</td><td> </td> <td style="text-align: left"> </td><td id="xdx_980_eus-gaap--AllowanceForLoanAndLeaseLossesRealEstate_iNI_di_c20201231_z3Tk6BpUuVAg" style="text-align: right" title="Mortgage loans on real estate and construction, allowance for losses">(2,005,127</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="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: 30pt; 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_988_ecustom--MortgageLoansOnRealEstateAndConstructionDiscount_iI_c20201231_zcfkCtCJ8sc9" style="border-bottom: Black 1pt solid; text-align: right" title="Mortgage loans on real estate and construction, Discount">(1,260,896</td><td style="padding-bottom: 1pt; text-align: left">)</td><td style="padding-bottom: 1pt"> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="text-align: left"> </td><td style="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_981_eus-gaap--MortgageLoansOnRealEstateCommercialAndConsumerNet_iI_pp0p0_c20201231_zLqlR24hTggb" style="border-bottom: Black 2.5pt double; text-align: right" title="Mortgage loans on real estate and construction">249,343,936</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="text-align: left"> </td><td style="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: 30pt">Residential</td><td> </td> <td style="text-align: left">$</td><td id="xdx_98E_eus-gaap--RealEstateInvestments_iI_c20201231__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember_zHFkBHDJh2Dk" style="text-align: right" title="Real estate held for investment, net of depreciation">24,843,743</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="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: 30pt; 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_98E_eus-gaap--RealEstateInvestments_iI_c20201231__us-gaap--FinancialInstrumentAxis__custom--CommercialMember_zY5gKIp9mYP6" style="border-bottom: Black 1pt solid; text-align: right" title="Real estate held for investment, net of depreciation">106,840,710</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="text-align: left"> </td><td style="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_980_eus-gaap--RealEstateInvestments_iI_c20201231_zxWQLh9q88w7" style="border-bottom: Black 2.5pt double; text-align: right" title="Real estate held for investment, net of depreciation">131,684,453</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="text-align: left"> </td><td style="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 style="padding-left: 30pt">Residential</td><td> </td> <td style="text-align: left">$</td><td id="xdx_983_eus-gaap--RealEstateHeldforsale_iI_c20201231__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember_zC92i0lK4B5l" style="text-align: right" title="Real estate held for sale">3,478,254</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="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: 30pt; 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_eus-gaap--RealEstateHeldforsale_iI_c20201231__us-gaap--FinancialInstrumentAxis__custom--CommercialMember_zXeyrDyIEkw2" style="border-bottom: Black 1pt solid; text-align: right" title="Real estate held for sale">4,400,553</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="text-align: left"> </td><td style="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_c20201231_z7bjSuofPb8c" style="border-bottom: Black 2.5pt double; text-align: right" title="Real estate held for sale">7,878,807</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="text-align: left"> </td><td style="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: 30pt; text-align: left">Policy loans</td><td> </td> <td style="text-align: left">$</td><td id="xdx_984_ecustom--PolicyLoansAmortizedCost_iI_c20201231_z0cYkrHLi9R6" style="text-align: right" title="Policy loans">14,171,589</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="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: 30pt; text-align: left">Insurance assignments</td><td> </td> <td style="text-align: left"> </td><td id="xdx_982_ecustom--InsuranceAssignmentsAmortizedCost_iI_c20201231_zScaaZaw2ldd" style="text-align: right" title="Insurance assignments">53,231,131</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="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: 30pt; text-align: left">Federal Home Loan Bank stock <span id="xdx_F40_zfBLXEZFgJlb">(1)</span></td><td> </td> <td style="text-align: left"> </td><td id="xdx_988_ecustom--FederalHomeLoanBankStockAmortizedCost_iI_c20201231_fKDEp_zbQPslvGss2b" style="text-align: right" title="Federal home loan bank stock">2,506,600</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="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: 30pt; text-align: left">Other investments</td><td> </td> <td style="text-align: left"> </td><td id="xdx_984_ecustom--OtherInvestmentsAmortizedCost_iI_c20201231_zxbzmOI9HMY1" style="text-align: right" title="Other investments">5,432,816</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="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: 30pt; text-align: left; padding-bottom: 1pt">Less: Allowance for doubtful accounts</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98B_ecustom--AllowanceForDoubtfulAccounts_iNI_di_c20201231_z8dDgykddQ58" style="border-bottom: Black 1pt solid; text-align: right" title="Allowance for doubtful accounts">(1,645,475</td><td style="padding-bottom: 1pt; text-align: left">)</td><td style="padding-bottom: 1pt"> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="text-align: left"> </td><td style="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 policy loans and other investments</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98A_ecustom--PolicyAndOtherLoansReceivableNet1_iI_c20201231_zUb6emmfekMj" style="border-bottom: Black 2.5pt double; text-align: right" title="Total policy loans and other investments">73,696,661</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: justify; padding-bottom: 2.5pt">Accrued investment income</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98E_eus-gaap--AccruedInvestmentIncomeReceivable_iI_c20201231_z5uo8jiEFFii" style="border-bottom: Black 2.5pt double; text-align: right" title="Accrued investment income">5,360,523</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="text-align: left"> </td><td style="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_984_eus-gaap--Investments_iI_c20201231_zyfIjuUf5Ro8" style="border-bottom: Black 2.5pt double; text-align: right" title="Total investments">773,945,298</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <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: 0.2pc"><span id="xdx_F0A_zXnyZEQudTV9" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(1)</span></td> <td><span id="xdx_F16_zOH6al1xn4bj" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Includes $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNjaGVkdWxlIG9mIEZhaXIgVmFsdWUgb2YgRml4ZWQgTWF0dXJpdHkgU2VjdXJpdGllcyAoRGV0YWlscykgKFBhcmVudGhldGhpY2FsKQA_" id="xdx_904_eus-gaap--ShortTermInvestments_iI_c20201231__srt--ProductOrServiceAxis__us-gaap--MembershipMember_zFylUUD70uD2" title="Short term investment">866,900</span> of Membership stock and $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNjaGVkdWxlIG9mIEZhaXIgVmFsdWUgb2YgRml4ZWQgTWF0dXJpdHkgU2VjdXJpdGllcyAoRGV0YWlscykgKFBhcmVudGhldGhpY2FsKQA_" id="xdx_906_eus-gaap--ShortTermInvestments_iI_c20201231__srt--ProductOrServiceAxis__custom--ActivityStockDueMember_zhMueaYdgyq4" title="Short term investment">1,639,700</span> of Activity stock due to short-term advances and letters of credit.</span></td></tr> </table> <p id="xdx_8A3_zh3ltvkYCtK9" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b> </b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b> </b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">SECURITY NATIONAL FINANCIAL CORPORATION</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">AND SUBSIDIARIES</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Notes to Consolidated Financial Statements</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Years Ended December 31, 2021 and 2020</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">2) <span style="text-decoration: underline">Investments</span> (Continued)</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b> </b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Fixed Maturity Securities</b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p id="xdx_89B_ecustom--ScheduleOfFairValueOfFixedMaturitySecuritiesTableTextBlock_zN7kJziSHmpc" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The following tables summarize unrealized losses on fixed maturities securities that were carried at estimated fair value at December 31, 2021 and at December 31, 2020. The unrealized losses were primarily related to interest rate fluctuations and uncertainties relating to COVID-19. The tables set forth unrealized losses by duration with the fair value of the related fixed maturity securities:</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> <span id="xdx_8B8_zGlxNb8ErBt8" style="display: none">Schedule of Fair Value of Fixed Maturity Securities</span></span></p> <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">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 December 31, 2021</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="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">Obligations of States and Political Subdivisions</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_984_eus-gaap--DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss_iI_c20211231__us-gaap--FinancialInstrumentAxis__us-gaap--USStatesAndPoliticalSubdivisionsMember_zSkNkVx9c5J5" style="width: 6%; text-align: right" title="Available for sale securities, unrecognized holding loss">1,989</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_989_eus-gaap--DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months_iI_c20211231__us-gaap--FinancialInstrumentAxis__us-gaap--USStatesAndPoliticalSubdivisionsMember_zVUEwgPuilcj" style="width: 6%; text-align: right" title="Available for sale securities, fair value">548,715</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_984_eus-gaap--DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss_iI_c20211231__us-gaap--FinancialInstrumentAxis__us-gaap--USStatesAndPoliticalSubdivisionsMember_zT4JJOEStUG8" style="width: 6%; text-align: right" title="Available for sale securities, unrecognized holding loss"><span style="-sec-ix-hidden: xdx2ixbrl1102">-</span></td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_988_eus-gaap--DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger_iI_c20211231__us-gaap--FinancialInstrumentAxis__us-gaap--USStatesAndPoliticalSubdivisionsMember_zbOzrwZaSMjf" style="width: 6%; text-align: right" title="Available for sale securities, fair value"><span style="-sec-ix-hidden: xdx2ixbrl1104">-</span></td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_981_eus-gaap--DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLoss_iI_c20211231__us-gaap--FinancialInstrumentAxis__us-gaap--USStatesAndPoliticalSubdivisionsMember_zTrmK3AOGOPi" style="width: 6%; text-align: right" title="Available for sale securities, unrecognized holding loss">1,989</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--DebtSecuritiesAvailableForSaleUnrealizedLossPosition_iI_c20211231__us-gaap--FinancialInstrumentAxis__us-gaap--USStatesAndPoliticalSubdivisionsMember_ziveFKvOe7d8" style="width: 6%; text-align: right" title="Available for sale securities, fair value">548,715</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">Corporate Securities</td><td> </td> <td style="text-align: left"> </td><td id="xdx_988_eus-gaap--DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss_iI_c20211231__us-gaap--FinancialInstrumentAxis__custom--CorporateSecuritiesMember_znzY6amcxvBh" style="text-align: right" title="Available for sale securities, unrecognized holding loss">73,507</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98F_eus-gaap--DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months_iI_c20211231__us-gaap--FinancialInstrumentAxis__custom--CorporateSecuritiesMember_zUX7E1cBR7E6" style="text-align: right" title="Available for sale securities, fair value">4,638,750</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_984_eus-gaap--DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss_iI_c20211231__us-gaap--FinancialInstrumentAxis__custom--CorporateSecuritiesMember_zAgMW3w8Xvv7" style="text-align: right" title="Available for sale securities, unrecognized holding loss">280,161</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_989_eus-gaap--DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger_iI_c20211231__us-gaap--FinancialInstrumentAxis__custom--CorporateSecuritiesMember_zhhc9apSJhD4" style="text-align: right" title="Available for sale securities, fair value">3,771,813</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_980_eus-gaap--DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLoss_iI_c20211231__us-gaap--FinancialInstrumentAxis__custom--CorporateSecuritiesMember_zgceFx0luuhi" style="text-align: right" title="Available for sale securities, unrecognized holding loss">353,668</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98C_eus-gaap--DebtSecuritiesAvailableForSaleUnrealizedLossPosition_iI_c20211231__us-gaap--FinancialInstrumentAxis__custom--CorporateSecuritiesMember_zvFnMTtajM6l" style="text-align: right" title="Available for sale securities, fair value">8,410,563</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_98F_eus-gaap--DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss_iI_c20211231__us-gaap--FinancialInstrumentAxis__us-gaap--MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMember_zqDcpYKC0mW3" style="border-bottom: Black 1pt solid; text-align: right" title="Available for sale securities, unrecognized holding loss">72,952</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--DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months_iI_c20211231__us-gaap--FinancialInstrumentAxis__us-gaap--MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMember_zR5fy1oFMrpj" style="border-bottom: Black 1pt solid; text-align: right" title="Available for sale securities, fair value">7,934,760</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_c20211231__us-gaap--FinancialInstrumentAxis__us-gaap--MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMember_zxqAmLWxSlGe" style="border-bottom: Black 1pt solid; text-align: right" title="Available for sale securities, unrecognized holding loss">88,380</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--DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger_iI_c20211231__us-gaap--FinancialInstrumentAxis__us-gaap--MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMember_zrk6mvP5ncUi" style="border-bottom: Black 1pt solid; text-align: right" title="Available for sale securities, fair value">1,582,804</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_98B_eus-gaap--DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLoss_iI_c20211231__us-gaap--FinancialInstrumentAxis__us-gaap--MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMember_zsrMQ6bTKNGl" style="border-bottom: Black 1pt solid; text-align: right" title="Available for sale securities, unrecognized holding loss">161,332</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--DebtSecuritiesAvailableForSaleUnrealizedLossPosition_iI_c20211231__us-gaap--FinancialInstrumentAxis__us-gaap--MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMember_zzi1WoGF7QT6" style="border-bottom: Black 1pt solid; text-align: right" title="Available for sale securities, fair value">9,517,564</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; 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_985_eus-gaap--DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss_iI_c20211231_zUzKau8mh4jj" style="border-bottom: Black 2.5pt double; text-align: right" title="Available for sale securities, unrecognized holding loss">148,448</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">$</td><td id="xdx_98C_eus-gaap--DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months_iI_c20211231_zOsmT5GrjT62" style="border-bottom: Black 2.5pt double; text-align: right" title="Available for sale securities, fair value">13,122,225</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98D_eus-gaap--DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss_iI_c20211231_zu5kJXVWljTi" style="border-bottom: Black 2.5pt double; text-align: right" title="Available for sale securities, unrecognized holding loss">368,541</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_987_eus-gaap--DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger_iI_c20211231_ztYYikV4FlI9" style="border-bottom: Black 2.5pt double; text-align: right" title="Available for sale securities, fair value">5,354,617</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98F_eus-gaap--DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLoss_iI_c20211231_zeE8OLudD4M9" style="border-bottom: Black 2.5pt double; text-align: right" title="Available for sale securities, unrecognized holding loss">516,989</td><td style="padding-bottom: 2.5pt; 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--DebtSecuritiesAvailableForSaleUnrealizedLossPosition_iI_c20211231_zIgUNsSeA1Bh" style="border-bottom: Black 2.5pt double; text-align: right" title="Available for sale securities, fair value">18,476,842</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, 2020</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="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">Obligations of States and Political Subdivisions</td><td> </td> <td style="text-align: left">$</td><td id="xdx_98B_eus-gaap--DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss_iI_c20201231__us-gaap--FinancialInstrumentAxis__us-gaap--USStatesAndPoliticalSubdivisionsMember_zTl2FCf7vRxl" style="text-align: right" title="Available for sale securities, unrecognized holding loss">1,261</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td id="xdx_98C_eus-gaap--DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months_iI_c20201231__us-gaap--FinancialInstrumentAxis__us-gaap--USStatesAndPoliticalSubdivisionsMember_z7ExwG88Z579" style="text-align: right" title="Available for sale securities, fair value">206,812</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td id="xdx_98B_eus-gaap--DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss_iI_c20201231__us-gaap--FinancialInstrumentAxis__us-gaap--USStatesAndPoliticalSubdivisionsMember_z80j0CE8W3Ye" style="text-align: right" title="Available for sale securities, unrecognized holding loss"><span style="-sec-ix-hidden: xdx2ixbrl1150">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td id="xdx_98A_eus-gaap--DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger_iI_c20201231__us-gaap--FinancialInstrumentAxis__us-gaap--USStatesAndPoliticalSubdivisionsMember_zHX7io5KOLkc" style="text-align: right" title="Available for sale securities, fair value"><span style="-sec-ix-hidden: xdx2ixbrl1152">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td id="xdx_983_eus-gaap--DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLoss_iI_c20201231__us-gaap--FinancialInstrumentAxis__us-gaap--USStatesAndPoliticalSubdivisionsMember_zsksVkd9dk87" style="text-align: right" title="Available for sale securities, unrecognized holding loss">1,261</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td id="xdx_98B_eus-gaap--DebtSecuritiesAvailableForSaleUnrealizedLossPosition_iI_c20201231__us-gaap--FinancialInstrumentAxis__us-gaap--USStatesAndPoliticalSubdivisionsMember_zYbILKdvMWv6" style="text-align: right" title="Available for sale securities, fair value">206,812</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Corporate Securities</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98B_eus-gaap--DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss_iI_c20201231__us-gaap--FinancialInstrumentAxis__custom--CorporateSecuritiesMember_zbaLOZXowDO3" style="text-align: right" title="Available for sale securities, unrecognized holding loss">242,596</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98D_eus-gaap--DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months_iI_c20201231__us-gaap--FinancialInstrumentAxis__custom--CorporateSecuritiesMember_z6JiAFn6Pi7j" style="text-align: right" title="Available for sale securities, fair value">9,919,298</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98C_eus-gaap--DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss_iI_c20201231__us-gaap--FinancialInstrumentAxis__custom--CorporateSecuritiesMember_zcYs2r7UooT" style="text-align: right" title="Available for sale securities, unrecognized holding loss">438,882</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_983_eus-gaap--DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger_iI_c20201231__us-gaap--FinancialInstrumentAxis__custom--CorporateSecuritiesMember_zQIUclLQItCf" style="text-align: right" title="Available for sale securities, fair value">2,593,026</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98F_eus-gaap--DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLoss_iI_c20201231__us-gaap--FinancialInstrumentAxis__custom--CorporateSecuritiesMember_z6nZ3CRiy98h" style="text-align: right" title="Available for sale securities, unrecognized holding loss">681,478</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_987_eus-gaap--DebtSecuritiesAvailableForSaleUnrealizedLossPosition_iI_c20201231__us-gaap--FinancialInstrumentAxis__custom--CorporateSecuritiesMember_ztkffLZUE7T8" style="text-align: right" title="Available for sale securities, fair value">12,512,324</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_98D_eus-gaap--DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss_iI_c20201231__us-gaap--FinancialInstrumentAxis__us-gaap--MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMember_zov6eEjC60mc" style="border-bottom: Black 1pt solid; text-align: right" title="Available for sale securities, unrecognized holding loss">266,522</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--DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months_iI_c20201231__us-gaap--FinancialInstrumentAxis__us-gaap--MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMember_zuSp9ze468f" style="border-bottom: Black 1pt solid; text-align: right" title="Available for sale securities, fair value">3,455,574</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--DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss_iI_c20201231__us-gaap--FinancialInstrumentAxis__us-gaap--MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMember_zirZXbL1Zije" style="border-bottom: Black 1pt solid; text-align: right" title="Available for sale securities, unrecognized holding loss">584</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--DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger_iI_c20201231__us-gaap--FinancialInstrumentAxis__us-gaap--MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMember_zVdKeeZpF5j2" style="border-bottom: Black 1pt solid; text-align: right" title="Available for sale securities, fair value">51,961</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_98A_eus-gaap--DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLoss_iI_c20201231__us-gaap--FinancialInstrumentAxis__us-gaap--MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMember_zr54uQDv3KJe" style="border-bottom: Black 1pt solid; text-align: right" title="Available for sale securities, unrecognized holding loss">267,106</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_c20201231__us-gaap--FinancialInstrumentAxis__us-gaap--MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMember_zIxwTS95fsRf" style="border-bottom: Black 1pt solid; text-align: right" title="Available for sale securities, fair value">3,507,535</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; 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_98C_eus-gaap--DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss_iI_c20201231_zWT3UsGnbfXb" style="border-bottom: Black 2.5pt double; text-align: right" title="Available for Sale Securities, Unrealized Losses for Less than Twelve Months">510,379</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_987_eus-gaap--DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months_iI_c20201231_zEAnTUd2zKcd" style="border-bottom: Black 2.5pt double; text-align: right" title="Available for Sale Securities, Unrealized Losses for Less than Twelve Months Fair Value">13,581,684</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_987_eus-gaap--DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss_iI_c20201231_zOHwd12fOCe5" style="border-bottom: Black 2.5pt double; text-align: right" title="Available for Sale Securities, Unrealized Losses for More than Twelve Months">439,466</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_987_eus-gaap--DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger_iI_c20201231_zwELynvZ7qfd" style="border-bottom: Black 2.5pt double; text-align: right" title="Available for Sale Securities, Unrealized Losses for More than Twelve Months Fair Value">2,644,987</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98E_eus-gaap--DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLoss_iI_c20201231_znDr8JtnKIy8" style="border-bottom: Black 2.5pt double; text-align: right" title="Available for Sale Securities, Unrealized Losses">949,845</td><td style="padding-bottom: 2.5pt; 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--DebtSecuritiesAvailableForSaleUnrealizedLossPosition_iI_c20201231_zdap0EyOpsV3" style="border-bottom: Black 2.5pt double; text-align: right" title="Available for Sale Securities, Fair Value">16,226,671</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> <p id="xdx_8AF_zt5aMykbOC52" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">There were 55 securities with fair value of <span id="xdx_90D_ecustom--AverageMarketValueOverAmortizedCost_iI_pid_dp_uPure_c20211231_z0bAYHC0hx8c" title="Average market value over amortized cost">97.3</span>% of amortized cost at December 31, 2021. There were 63 securities with fair value of <span id="xdx_900_ecustom--AverageMarketValueOverAmortizedCost_iI_pid_dp_uPure_c20201231_zf6cVQA0uRF4" title="Average market value over amortized cost">94.7</span>% of amortized cost at December 31, 2020. Credit losses of $<span id="xdx_902_ecustom--CreditLossRecognizedInvestment_c20210101__20211231_zYmBqr7Abdd" title="Credit loss recognized">39,502</span> and $<span id="xdx_90D_ecustom--CreditLossRecognizedInvestment_c20200101__20201231_z30yajFcgsej" title="Credit loss recognized">370,975</span> have been recognized for the years ended December 31, 2021 and 2020, respectively.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">On a quarterly basis, the Company evaluates its fixed maturity securities classified as available for sale. 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 impairment, unless current market or recent company news could lead to a credit downgrade. Securities with ratings of 3 to 5 are evaluated for impairment. Securities with a rating of 6 are automatically determined to be impaired and are written down. The evaluation involves an analysis of the securities in relation 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. If it is unlikely that the security will meet contractual obligations, the loss is considered to be other than temporary, the security is written down to the new anticipated market value and an impairment loss is recognized.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">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.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">SECURITY NATIONAL FINANCIAL CORPORATION</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">AND SUBSIDIARIES</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Notes to Consolidated Financial Statements</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Years Ended December 31, 2021 and 2020</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">2) <span style="text-decoration: underline">Investments</span> (Continued)</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p id="xdx_89E_ecustom--ScheduleOfEarningsOnFixedMaturitySecuritiesTableTextBlock_zqTQ0nKzsmwk" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The following table presents a rollforward of the Company’s cumulative other than temporary credit impairments (“OTTI”) recognized in earnings on fixed maturity securities available for sale.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> <span id="xdx_8B0_zTcFfWe3qJy9" style="display: none">Schedule of Earnings on Fixed Maturity Securities</span></span></p> <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_494_20210101__20211231_zvQvtLobZn3b" style="border-bottom: Black 1pt solid; text-align: center">2021</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_49C_20200101__20201231_zTnm1UkQ47gj" style="border-bottom: Black 1pt solid; text-align: center">2020</td><td style="padding-bottom: 1pt"> </td></tr> <tr id="xdx_40F_eus-gaap--OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCreditLossesOnDebtSecuritiesHeld_iS_zYLjb15h9Wtk" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 60%; 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">370,975</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"><span style="-sec-ix-hidden: xdx2ixbrl1205">-</span></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 style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="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><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_z0sbNnPt6erb" 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">39,502</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">370,975</td><td style="text-align: left"> </td></tr> <tr id="xdx_408_eus-gaap--OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsAdditionsAdditionalCreditLosses_zWaDt0qgRXye" 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"><span style="-sec-ix-hidden: xdx2ixbrl1210"> </span></td><td style="text-align: right">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"><span style="-sec-ix-hidden: xdx2ixbrl1211"> </span></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></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><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_zHK00HrUiczk" 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">(145,500</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"><span style="-sec-ix-hidden: xdx2ixbrl1214"> </span></td><td style="text-align: right">-</td><td style="text-align: left"> </td></tr> <tr id="xdx_40E_eus-gaap--OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsReductionsCashFlows_zN3HNQ7D7UKe" 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"><span style="-sec-ix-hidden: xdx2ixbrl1216"> </span></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"><span style="-sec-ix-hidden: xdx2ixbrl1217"> </span></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><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_eus-gaap--OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCreditLossesOnDebtSecuritiesHeld_iE_z3PektxmoIH1" 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 December 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">264,977</td><td style="padding-bottom: 2.5pt; 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">370,975</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> <p id="xdx_8A9_zT2u88sERxid" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p id="xdx_898_eus-gaap--InvestmentsClassifiedByContractualMaturityDateTableTextBlock_zVyud1MAM8X4" style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin: 0pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The following table presents the amortized cost and estimated fair value of fixed maturity securities available for sale at December 31, 2021, 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.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> <span id="xdx_8BF_zu4xFESHH1Nd" style="display: none">Schedule of Investments Classified by Contractual Maturity Date</span></span></p> <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: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">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">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_98E_eus-gaap--AvailableForSaleDebtSecuritiesAmortizedCostBasis_iI_c20211231__us-gaap--LeaseContractualTermAxis__custom--DueInOneYearMember_zAdg81W19c16" style="width: 16%; text-align: right" title="Amortized cost">68,966</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--AvailableForSaleSecuritiesDebtSecuritiesCurrent_iI_c20211231__us-gaap--LeaseContractualTermAxis__custom--DueInOneYearMember_zs3FOUYkTvra" style="width: 16%; text-align: right" title="Estimated fair value">70,024</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_981_eus-gaap--AvailableForSaleDebtSecuritiesAmortizedCostBasis_iI_c20211231__us-gaap--LeaseContractualTermAxis__custom--DueInTwoToFiveYearsMember_zvqNZE6GWu05" style="text-align: right" title="Amortized cost">62,958,696</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98E_eus-gaap--AvailableForSaleSecuritiesDebtSecuritiesCurrent_iI_c20211231__us-gaap--LeaseContractualTermAxis__custom--DueInTwoToFiveYearsMember_ziL0zQiuiQif" style="text-align: right" title="Estimated fair value">65,605,915</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_987_eus-gaap--AvailableForSaleDebtSecuritiesAmortizedCostBasis_iI_c20211231__us-gaap--LeaseContractualTermAxis__custom--DueInFiveToTenYearsMember_zpg3BUucjCr1" style="text-align: right" title="Amortized cost">70,740,783</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_980_eus-gaap--AvailableForSaleSecuritiesDebtSecuritiesCurrent_iI_c20211231__us-gaap--LeaseContractualTermAxis__custom--DueInFiveToTenYearsMember_z6Bn12vJLHza" style="text-align: right" title="Estimated fair value">77,346,448</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_980_eus-gaap--AvailableForSaleDebtSecuritiesAmortizedCostBasis_iI_c20211231__us-gaap--LeaseContractualTermAxis__custom--DueInMoreThanTenYearsMember_zELMNu0VVG5k" style="text-align: right" title="Amortized cost">67,900,269</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_985_eus-gaap--AvailableForSaleSecuritiesDebtSecuritiesCurrent_iI_c20211231__us-gaap--LeaseContractualTermAxis__custom--DueInMoreThanTenYearsMember_zfeiUBcyKocj" style="text-align: right" title="Estimated fair value">80,873,410</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_989_eus-gaap--AvailableForSaleDebtSecuritiesAmortizedCostBasis_iI_c20211231__us-gaap--FinancialInstrumentAxis__us-gaap--MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMember_zjx0HbkJdhMf" style="text-align: right" title="Amortized cost">34,365,382</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_987_eus-gaap--AvailableForSaleSecuritiesDebtSecuritiesCurrent_iI_c20211231__us-gaap--FinancialInstrumentAxis__us-gaap--MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMember_zmABHFYvITGi" style="text-align: right" title="Estimated fair value">35,109,209</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_985_eus-gaap--AvailableForSaleDebtSecuritiesAmortizedCostBasis_iI_c20211231__us-gaap--FinancialInstrumentAxis__us-gaap--RedeemablePreferredStockMember_zTRDz78HPQRk" style="border-bottom: Black 1pt solid; text-align: right" title="Amortized cost">269,214</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--AvailableForSaleSecuritiesDebtSecuritiesCurrent_iI_c20211231__us-gaap--FinancialInstrumentAxis__us-gaap--RedeemablePreferredStockMember_z2Yh9ymrlULb" style="border-bottom: Black 1pt solid; text-align: right" title="Estimated fair value">282,597</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_987_eus-gaap--AvailableForSaleDebtSecuritiesAmortizedCostBasis_iI_c20211231_zUl8UgjCtG7b" style="border-bottom: Black 2.5pt double; text-align: right" title="Amortized cost">236,303,310</td><td style="padding-bottom: 2.5pt; 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--AvailableForSaleSecuritiesDebtSecuritiesCurrent_iI_c20211231_z8MDgb8UbOX4" style="border-bottom: Black 2.5pt double; text-align: right" title="Estimated fair value">259,287,603</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> <p id="xdx_8A0_zve7DGzlW0mg" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Company is a member of the Federal Home Loan Bank of Des Moines and Dallas (“FHLB”). The Company pledged a total of $<span id="xdx_901_eus-gaap--LineOfCreditFacilityMaximumBorrowingCapacity_iI_c20211231_z7PgsLjcjytd" title="Maximum borrowing capacity">28,993,126</span>, at estimated fair value, of fixed maturity securities with the FHLB at December 31, 2021. These securities are used as collateral on any cash borrowings from the FHLB. As of December 31, 2021, the Company owed $-<span id="xdx_906_eus-gaap--OtherBorrowings_iI_c20211231__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--FHLBMember_zJxcdHhffbLg" title="Other borrowings">0</span>- to the FHLB and its estimated maximum borrowing capacity was $<span id="xdx_909_eus-gaap--LineOfCreditFacilityRemainingBorrowingCapacity_iI_c20211231_zZdpzbbW4E91" title="Remaining borrowing capacity">27,054,347</span>.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b> </b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">SECURITY NATIONAL FINANCIAL CORPORATION</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">AND SUBSIDIARIES</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Notes to Consolidated Financial Statements</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Years Ended December 31, 2021 and 2020</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">2) <span style="text-decoration: underline">Investments</span> (Continued)</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b> </b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Investment Related Earnings</b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p id="xdx_89C_eus-gaap--GainLossOnInvestmentsTextBlock_zC1BbFch9OV7" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The following tables presents the net realized gains and losses from sales, calls, and maturities, unrealized gains and losses on equity securities, and other than temporary impairments from investments and other assets.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> <span id="xdx_8B3_zh8Z8HYBBAJc" style="display: none">Schedule of Gain (Loss) on Investments</span></span></p> <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: 1pt"> </td> <td colspan="2" id="xdx_498_20210101__20211231_zfayFgoXIiJ4" style="border-bottom: Black 1pt solid; text-align: center"> </td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_491_20200101__20201231_zSi1A5vMM224" style="border-bottom: Black 1pt solid; text-align: center"> </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">Years Ended December 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">2021</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">2020</td><td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: justify">Fixed maturity securities available 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></tr> <tr id="xdx_40D_eus-gaap--DebtSecuritiesAvailableForSaleRealizedGain_hus-gaap--InvestmentTypeAxis__custom--FixedMaturitySecuritiesMember_z1Ebg2Hnj0n6" 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">984,740</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">445,749</td><td style="width: 1%; text-align: left"> </td></tr> <tr id="xdx_401_eus-gaap--DebtSecuritiesAvailableForSaleRealizedLoss_iN_di_hus-gaap--InvestmentTypeAxis__custom--FixedMaturitySecuritiesMember_z2ncDog078b7" 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">(139,728</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(77,546</td><td style="text-align: left">)</td></tr> <tr id="xdx_40B_eus-gaap--OtherThanTemporaryImpairmentLossDebtSecuritiesAvailableForSale_iN_di_zEUkrxZ1a4H" style="vertical-align: bottom; background-color: White"> <td style="padding-left: 10pt; text-align: left">Other than temporary impairments</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(39,502</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(370,975</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_40E_eus-gaap--EquitySecuritiesFvNiRealizedGainLoss_hus-gaap--InvestmentTypeAxis__custom--EquitySecuritiesOneMember_zyOtwxHEwrh9" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 10pt; text-align: left">Gains on securities sold</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">390,597</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">74,836</td><td style="text-align: left"> </td></tr> <tr id="xdx_408_eus-gaap--EquitySecuritiesFvNiUnrealizedGainLoss_hus-gaap--InvestmentTypeAxis__custom--EquitySecuritiesOneMember_zegw2xJP6pu9" style="vertical-align: bottom; background-color: White"> <td style="padding-left: 10pt; text-align: left">Unrealized gains on securities held at the end of the period</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">2,732,130</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">1,125,304</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:</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: 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--OtherAssetsOneMember_zE0TwQCeGLNl" 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">4,786,535</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">2,342,418</td><td style="text-align: left"> </td></tr> <tr id="xdx_402_ecustom--GrossRealizedLosses_hus-gaap--InvestmentTypeAxis__custom--OtherAssetsOneMember_zL3VUzppkYt" style="vertical-align: bottom; background-color: White"> <td style="padding-left: 10pt; text-align: left; padding-bottom: 1pt">Gross realized losses</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">(2,489,140</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">(1,984,911</td><td style="padding-bottom: 1pt; text-align: left">)</td></tr> <tr id="xdx_40E_ecustom--FixedMaturitySecuritiesHeldToMaturity_zRj7IIDI7D02" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 20pt; 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">6,225,632</td><td style="padding-bottom: 2.5pt; 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">1,554,875</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> <p id="xdx_8AD_zYRw9zn60kp2" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The net 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.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p id="xdx_89C_ecustom--ScheduleOfMajorCategoriesOfNetInvestmentIncomeTableTextBlock_zvT9RTDmZwJk" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Information regarding sales of fixed maturity securities available for sale is presented as follows.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span><span id="xdx_8B6_zavhKMfg2KW6" style="display: none">Schedule of Major Categories of Net Investment Income</span></span></p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 60%"> <tr style="display: none; vertical-align: bottom"> <td> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_496_20210101__20211231_zJfNjHKVRxJ2" style="border-bottom: Black 1pt solid; text-align: center"> </td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_49E_20200101__20201231_zIw5Gk3crewl" style="border-bottom: Black 1pt solid; text-align: center"> </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">Years Ended December 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">2021</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">2020</td><td style="padding-bottom: 1pt"> </td></tr> <tr id="xdx_401_ecustom--ProceedsReceivedFromSaleOfFixedMaturityAvailableForSaleSecurities_zemvFRnKZH61" 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">2,896,351</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">5,477,438</td><td style="width: 1%; text-align: left"> </td></tr> <tr id="xdx_405_eus-gaap--DebtSecuritiesAvailableForSaleRealizedGain_z4XOQbiiZC84" 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">208,698</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">358,236</td><td style="text-align: left"> </td></tr> <tr id="xdx_403_eus-gaap--DebtSecuritiesAvailableForSaleRealizedLoss_iN_di_z7os5CYvPHPb" 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">(4,046</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(21,137</td><td style="text-align: left">)</td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">SECURITY NATIONAL FINANCIAL CORPORATION</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">AND SUBSIDIARIES</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Notes to Consolidated Financial Statements</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Years Ended December 31, 2021 and 2020</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">2) <span style="text-decoration: underline">Investments</span> (Continued)</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Major categories of net investment income were as follows:</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <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: 1pt"> </td> <td colspan="2" id="xdx_496_20210101__20211231_zkgISZVFELgg" style="border-bottom: Black 1pt solid; text-align: center"> </td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_490_20200101__20201231_zlQfplrHcdlc" style="border-bottom: Black 1pt solid; text-align: center"> </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">Years Ended December 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">2021</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">2020</td><td style="padding-bottom: 1pt"> </td></tr> <tr id="xdx_402_ecustom--GrossInvestmentIncome_hus-gaap--FinancialInstrumentAxis__custom--FixedMaturitySecuritiesMember_zgpVNinzIN" 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">10,769,979</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">12,233,394</td><td style="width: 1%; text-align: left"> </td></tr> <tr id="xdx_405_ecustom--GrossInvestmentIncome_hus-gaap--FinancialInstrumentAxis__custom--EquitySecurities1Member_z5xtW88B9zsa" 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">446,337</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">642,433</td><td style="text-align: left"> </td></tr> <tr id="xdx_40B_ecustom--GrossInvestmentIncome_hus-gaap--FinancialInstrumentAxis__custom--MortgageLoansRealEstateMember_ztUhIVDOYBrd" 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">28,758,614</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">25,672,746</td><td style="text-align: left"> </td></tr> <tr id="xdx_403_ecustom--GrossInvestmentIncome_hus-gaap--FinancialInstrumentAxis__custom--RealEstate1Member_zDJMwwajGbld" 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">12,334,989</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">11,945,401</td><td style="text-align: left"> </td></tr> <tr id="xdx_40D_ecustom--GrossInvestmentIncome_hus-gaap--FinancialInstrumentAxis__custom--PolicyStudentAndOtherLoansMember_zkt3CLLwSpk2" 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">940,890</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">1,025,179</td><td style="text-align: left"> </td></tr> <tr id="xdx_40A_ecustom--GrossInvestmentIncome_hus-gaap--FinancialInstrumentAxis__custom--InsuranceAssignmentsMember_zfQtzevHs9Qk" 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">19,062,052</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">17,837,578</td><td style="text-align: left"> </td></tr> <tr id="xdx_40F_ecustom--GrossInvestmentIncome_hus-gaap--FinancialInstrumentAxis__custom--OtherInvestments1Member_z3fqJqQABARa" 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">131,145</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">126,013</td><td style="text-align: left"> </td></tr> <tr id="xdx_408_ecustom--GrossInvestmentIncome_hus-gaap--FinancialInstrumentAxis__custom--CashAndCashEquivalents1Member_zkOC9BmSjis" style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 1pt">Cash and cash equivalents</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">235,470</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">426,623</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_400_ecustom--GrossInvestmentIncome_i_pp0p0" 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">72,679,476</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">69,909,367</td><td style="text-align: left"> </td></tr> <tr id="xdx_40F_eus-gaap--InvestmentIncomeInvestmentExpense_iN_pp0p0_di_z8MP4ataQ3N3" style="vertical-align: bottom; background-color: White"> <td style="text-align: justify; padding-bottom: 1pt">Investment expenses</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">(14,414,793</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">(13,579,564</td><td style="padding-bottom: 1pt; text-align: left">)</td></tr> <tr id="xdx_408_eus-gaap--NetInvestmentIncome_i_pp0p0" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: justify; padding-bottom: 2.5pt">Net investment income</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">58,264,683</td><td style="padding-bottom: 2.5pt; 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">56,329,803</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> <p id="xdx_8A3_zdrPfkeR0zOb" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Net investment income includes income earned by the restricted assets of the cemeteries and mortuaries of $<span id="xdx_908_eus-gaap--NetInvestmentIncome_c20210101__20211231__us-gaap--AssetAcquisitionAxis__custom--CemeteriesAndMortuariesMember_z4sk1jBtaTK6" title="Net Investment Income">1,472,295</span> and $<span id="xdx_90A_eus-gaap--NetInvestmentIncome_c20200101__20201231__us-gaap--AssetAcquisitionAxis__custom--CemeteriesAndMortuariesMember_zu0kT9qYzer7" title="Net Investment Income">676,313</span> for the years ended December 31, 2021 and 2020, respectively.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Net investment income on real estate consists primarily of rental revenue.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Investment expenses consist primarily of depreciation, property taxes, operating expenses of real estate and an estimated portion of administrative expenses relating to investment activities.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Securities on deposit for regulatory authorities as required by law amounted to $<span id="xdx_90B_eus-gaap--SecurityDeposit_iI_c20211231_zNg7LjBmgtL3" title="Securities deposit">101,681,853</span> and $<span id="xdx_909_eus-gaap--SecurityDeposit_iI_c20201231_zMX0mc9Z6RLf" title="Securities deposit">9,684,409</span> at December 31, 2021 and 2020, respectively. The restricted securities are included in various assets under investments on the accompanying consolidated balance sheets.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">There were no investments, aggregated by issuer, in excess of 10% of shareholders’ equity (before net unrealized gains and losses) at December 31, 2021, other than investments issued or guaranteed by the United States Government.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Real Estate Held for Investment and Held for Sale</b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">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 segments in the form of acquisition, development and mortgage foreclosures. The Company reports real estate held for investment and held for sale pursuant to the accounting policy discussed in Note 1 of the Notes to Consolidated Financial Statements.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="text-decoration: underline">Commercial Real Estate Held for Investment and Held for Sale</span></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">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 reports. Geographic locations and asset classes of the investment activity is determined by senior management under the direction of the Board of Directors.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">SECURITY NATIONAL FINANCIAL CORPORATION</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">AND SUBSIDIARIES</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Notes to Consolidated Financial Statements</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Years Ended December 31, 2021 and 2020</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">2) <span style="text-decoration: underline">Investments</span> (Continued)</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">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 when the geographic boundary does not warrant full-time staff or through strategic lease-up periods. The Company generally looks to acquire assets in regions that are high growth regions for employment and population and assets that provide operational efficiencies.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Company currently owns and operates 11 commercial properties in 5 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 does use debt in strategic cases to leverage established yields or to acquire a higher quality or different class of asset.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The aggregated net ending balance of commercial real estate that serves as collateral for bank loans was $<span id="xdx_903_eus-gaap--RealEstateGrossAtCarryingValue_iI_c20211231__us-gaap--InvestmentTypeAxis__custom--CommercialRealEstateOneMember_zXy6uPP1iMmi" title="Collateral for bank loans">134,251,205</span> and $<span id="xdx_901_eus-gaap--RealEstateGrossAtCarryingValue_iI_c20201231__us-gaap--InvestmentTypeAxis__custom--CommercialRealEstateOneMember_zoUESjDxdu97" title="Collateral for bank loans">71,517,902</span> as of December 31, 2021 and 2020, respectively. The associated bank loan carrying values totaled $<span id="xdx_90F_eus-gaap--LoansPayableToBank_iI_c20211231__us-gaap--InvestmentTypeAxis__custom--CommercialRealEstate1Member_zLjDhJDcPSc7" title="Loans Payable to Bank">85,663,148</span> and $<span id="xdx_907_eus-gaap--LoansPayableToBank_iI_c20201231__us-gaap--InvestmentTypeAxis__custom--CommercialRealEstate1Member_zpSWuf5G0E2c" title="Loans Payable to Bank">46,153,283</span> as of December 31, 2021 and 2020, respectively.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">During the years ended December 31, 2021 and 2020, the Company recorded impairment losses on commercial real estate held for sale of $<span id="xdx_903_ecustom--ImpairmentLossesOnCommercialRealEstateHeldForSale_c20210101__20211231_zsbnAxkH6Y0e" title="Nonperforming Financing Receivable">2,028,378</span> and $<span id="xdx_90D_ecustom--ImpairmentLossesOnCommercialRealEstateHeldForSale_c20200101__20201231_z42uzW6StiS9" title="Nonperforming Financing Receivable">897,980</span>, respectively. These impairment losses relate to a funeral home and an office building held by the life insurance segment. The funeral home was subsequently sold. Impairment losses are included in gains (losses) on investments and other assets on the consolidated statements of earnings.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p id="xdx_89B_eus-gaap--RealEstateInvestmentFinancialStatementsDisclosureTextBlock_zeFetPZaX0zg" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Company’s commercial real estate held for investment is summarized as follows:</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> <span id="xdx_8BD_zWJ86SI44DRe" style="display: none">Schedule of Commercial Real Estate Investment</span></span></p> <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> </td> <td colspan="6" style="text-align: center">Net Ending Balance</td><td> </td><td> </td> <td colspan="6" style="text-align: center">Total Square Footage</td><td> </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">December 31</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</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">2021</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">2020</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">2021</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">2020</td><td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 36%">Utah <span id="xdx_F44_z1hIEvLlTbLl">(1)</span></td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_98C_eus-gaap--RealEstateInvestmentPropertyNet_iI_pp0p0_c20211231__srt--StatementGeographicalAxis__stpr--UT__us-gaap--InvestmentTypeAxis__custom--CommercialRealEstateOneMember_fKDEp_z6cmyM8eim84" style="width: 12%; text-align: right" title="Real estate held for investment (net of accumulated depreciation)">150,105,948</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_98F_eus-gaap--RealEstateInvestmentPropertyNet_iI_pp0p0_c20201231__srt--StatementGeographicalAxis__stpr--UT__us-gaap--InvestmentTypeAxis__custom--CommercialRealEstateOneMember_fKDEp_zDZiNhhRdT69" style="width: 12%; text-align: right" title="Real estate held for investment (net of accumulated depreciation)">100,927,528</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_ecustom--TotalSquareFootage_iI_uSqft_c20211231__srt--StatementGeographicalAxis__stpr--UT__us-gaap--InvestmentTypeAxis__custom--CommercialRealEstateOneMember_fKDEp_zfDf8SNMPXQ" style="width: 12%; text-align: right" title="Total square footage">675,920</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_987_ecustom--TotalSquareFootage_iI_uSqft_c20201231__srt--StatementGeographicalAxis__stpr--UT__us-gaap--InvestmentTypeAxis__custom--CommercialRealEstateOneMember_fKDEp_zZ1l3do6BvSg" style="width: 12%; text-align: right" title="Total square footage">379,066</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_984_eus-gaap--RealEstateInvestmentPropertyNet_iI_pp0p0_c20211231__srt--StatementGeographicalAxis__stpr--LA__us-gaap--InvestmentTypeAxis__custom--CommercialRealEstateOneMember_zXCk1Gmqn8za" style="text-align: right" title="Real estate held for investment (net of accumulated depreciation)">2,426,612</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98F_eus-gaap--RealEstateInvestmentPropertyNet_iI_pp0p0_c20201231__srt--StatementGeographicalAxis__stpr--LA__us-gaap--InvestmentTypeAxis__custom--CommercialRealEstateOneMember_za012LiBG" style="text-align: right" title="Real estate held for investment (net of accumulated depreciation)">2,998,684</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98A_ecustom--TotalSquareFootage_iI_uSqft_c20211231__srt--StatementGeographicalAxis__stpr--LA__us-gaap--InvestmentTypeAxis__custom--CommercialRealEstateOneMember_zbFVsUPlqCo8" 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_982_ecustom--TotalSquareFootage_iI_uSqft_c20201231__srt--StatementGeographicalAxis__stpr--LA__us-gaap--InvestmentTypeAxis__custom--CommercialRealEstateOneMember_z10ZIyFUqgD" style="text-align: right" title="Total square footage">84,841</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_980_eus-gaap--RealEstateInvestmentPropertyNet_iI_pp0p0_c20211231__srt--StatementGeographicalAxis__stpr--MS__us-gaap--InvestmentTypeAxis__custom--CommercialRealEstateOneMember_zg8cRvPdQrhi" style="border-bottom: Black 1pt solid; text-align: right" title="Real estate held for investment (net of accumulated depreciation)">2,860,775</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--RealEstateInvestmentPropertyNet_iI_pp0p0_c20201231__srt--StatementGeographicalAxis__stpr--MS__us-gaap--InvestmentTypeAxis__custom--CommercialRealEstateOneMember_zSRJHMbVVVrl" style="border-bottom: Black 1pt solid; text-align: right" title="Real estate held for investment (net of accumulated depreciation)">2,914,498</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_ecustom--TotalSquareFootage_iI_uSqft_c20211231__srt--StatementGeographicalAxis__stpr--MS__us-gaap--InvestmentTypeAxis__custom--CommercialRealEstateOneMember_zKwsRTwf94q3" 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="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_986_ecustom--TotalSquareFootage_iI_uSqft_c20201231__srt--StatementGeographicalAxis__stpr--MS__us-gaap--InvestmentTypeAxis__custom--CommercialRealEstateOneMember_zd6g9zAF2nMl" style="border-bottom: Black 1pt solid; text-align: right" title="Total square footage">21,521</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_987_eus-gaap--RealEstateInvestmentPropertyNet_iI_pp0p0_c20211231__us-gaap--InvestmentTypeAxis__custom--CommercialRealEstateOneMember_zXQ64l5oiIdb" style="border-bottom: Black 2.5pt double; text-align: right" title="Real estate held for investment (net of accumulated depreciation)">155,393,335</td><td style="padding-bottom: 2.5pt; 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--RealEstateInvestmentPropertyNet_iI_pp0p0_c20201231__us-gaap--InvestmentTypeAxis__custom--CommercialRealEstateOneMember_zH6HTg4J1DR8" style="border-bottom: Black 2.5pt double; text-align: right" title="Real estate held for investment (net of accumulated depreciation)">106,840,710</td><td style="padding-bottom: 2.5pt; 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_c20211231__us-gaap--InvestmentTypeAxis__custom--CommercialRealEstateOneMember_zLLQ5F637lv8" style="border-bottom: Black 2.5pt double; text-align: right" title="Total square footage">727,392</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_98D_ecustom--TotalSquareFootage_iI_uSqft_c20201231__us-gaap--InvestmentTypeAxis__custom--CommercialRealEstateOneMember_zpeTvZkyEsoc" style="border-bottom: Black 2.5pt double; text-align: right" title="Total square footage">485,428</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <div style="width: 15%"><div style="border-top: Black 1pt solid; font-size: 1pt"> </div></div> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"/></p> <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: 0.2pc"><span id="xdx_F09_ztmbrUmbxF69" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(1)</span></td> <td><span id="xdx_F1C_z4tEADYSF2R7" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Includes Center53 phase 1 and phase 2</span></td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Company’s commercial real estate held for sale is summarized as follows:</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <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> </td> <td colspan="6" style="text-align: center">Net Ending Balance</td><td> </td><td> </td> <td colspan="6" style="text-align: center">Total Square Footage</td><td> </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">December 31</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</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">2021</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">2020</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">2021</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">2020</td><td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 36%">Kansas</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_98C_eus-gaap--RealEstateHeldforsale_iI_pp0p0_c20211231__srt--StatementGeographicalAxis__stpr--KS__us-gaap--InvestmentTypeAxis__custom--CommercialRealEstateOneMember_zUKb4UMclqI1" style="width: 12%; text-align: right" title="Real estate held for sale">2,000,000</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--RealEstateHeldforsale_iI_pp0p0_c20201231__srt--StatementGeographicalAxis__stpr--KS__us-gaap--InvestmentTypeAxis__custom--CommercialRealEstateOneMember_zZCkhGUnEVJ9" style="width: 12%; text-align: right" title="Real estate held for sale">4,000,000</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--SquareFootage_iI_uSqft_c20211231__srt--StatementGeographicalAxis__stpr--KS__us-gaap--InvestmentTypeAxis__custom--CommercialRealEstateOneMember_ze7vJNImzJBh" style="width: 12%; text-align: right" title="Total square footage">222,679</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_98E_ecustom--SquareFootage_iI_uSqft_c20201231__srt--StatementGeographicalAxis__stpr--KS__us-gaap--InvestmentTypeAxis__custom--CommercialRealEstateOneMember_zqulLLOCJxO5" style="width: 12%; text-align: right" title="Total square footage">222,679</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_988_eus-gaap--RealEstateHeldforsale_iI_pp0p0_c20211231__srt--StatementGeographicalAxis__stpr--LA__us-gaap--InvestmentTypeAxis__custom--CommercialRealEstateOneMember_zrsLuokta71i" style="text-align: right" title="Real estate held for sale">389,145</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98E_eus-gaap--RealEstateHeldforsale_iI_pp0p0_c20201231__srt--StatementGeographicalAxis__stpr--LA__us-gaap--InvestmentTypeAxis__custom--CommercialRealEstateOneMember_zzilzlo9L344" style="text-align: right" title="Real estate held for sale"><span style="-sec-ix-hidden: xdx2ixbrl1393">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_980_ecustom--SquareFootage_iI_uSqft_c20211231__srt--StatementGeographicalAxis__stpr--LA__us-gaap--InvestmentTypeAxis__custom--CommercialRealEstateOneMember_ziedUYSFXhe2" style="text-align: right" title="Total square footage">2,872</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_980_ecustom--SquareFootage_iI_uSqft_c20201231__srt--StatementGeographicalAxis__stpr--LA__us-gaap--InvestmentTypeAxis__custom--CommercialRealEstateOneMember_zInJN8Descr7" style="text-align: right" title="Total square footage"><span style="-sec-ix-hidden: xdx2ixbrl1397">-</span></td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td>Mississippi <span id="xdx_F4B_z2fZeMkiWT6k">(1)</span></td><td> </td> <td style="text-align: left"> </td><td id="xdx_98E_eus-gaap--RealEstateHeldforsale_iI_pp0p0_c20211231__srt--StatementGeographicalAxis__stpr--MS__us-gaap--InvestmentTypeAxis__custom--CommercialRealEstateOneMember_zIhZYaOjVBJb" style="text-align: right" title="Real estate held for sale">151,553</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_981_eus-gaap--RealEstateHeldforsale_iI_pp0p0_c20201231__srt--StatementGeographicalAxis__stpr--MS__us-gaap--InvestmentTypeAxis__custom--CommercialRealEstateOneMember_z0SS6AF4ELXk" style="text-align: right" title="Real estate held for sale">151,553</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_984_ecustom--SquareFootage_iI_uSqft_c20211231__srt--StatementGeographicalAxis__stpr--MS__us-gaap--InvestmentTypeAxis__custom--CommercialRealEstateOneMember_zdrKYU9EdS53" style="text-align: right" title="Total square footage"><span style="-sec-ix-hidden: xdx2ixbrl1403">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98E_ecustom--SquareFootage_iI_uSqft_c20201231__srt--StatementGeographicalAxis__stpr--MS__us-gaap--InvestmentTypeAxis__custom--CommercialRealEstate1Member_zFS0dUAJCj34" style="text-align: right" title="Total square footage">12,300</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-bottom: 1pt">Texas <span id="xdx_F41_z84AyB6N1jIh">(2)</span></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 id="xdx_981_eus-gaap--RealEstateHeldforsale_iI_pp0p0_c20201231__srt--StatementGeographicalAxis__stpr--TX__us-gaap--InvestmentTypeAxis__custom--CommercialRealEstateOneMember_fKDEp_zvsMvfJk1X2g" style="border-bottom: Black 1pt solid; text-align: right" title="Real estate held for sale">249,000</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_ecustom--SquareFootage_iI_uSqft_c20211231__srt--StatementGeographicalAxis__stpr--TX__us-gaap--InvestmentTypeAxis__custom--CommercialRealEstateOneMember_fKDEp_zXICQmoUi481" style="border-bottom: Black 1pt solid; text-align: right" title="Total square footage"><span style="-sec-ix-hidden: xdx2ixbrl1409">-</span></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_ecustom--SquareFootage_iI_uSqft_c20201231__srt--StatementGeographicalAxis__stpr--TX__us-gaap--InvestmentTypeAxis__custom--CommercialRealEstateOneMember_fKDEp_zshQm9kFyqvj" style="border-bottom: Black 1pt solid; text-align: right" title="Total square footage"><span style="-sec-ix-hidden: xdx2ixbrl1411">-</span></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="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_980_eus-gaap--RealEstateHeldforsale_iI_pp0p0_c20211231__us-gaap--InvestmentTypeAxis__custom--CommercialRealEstateOneMember_z02isbfvmjG2" style="border-bottom: Black 2.5pt double; text-align: right" title="Real estate held for sale">2,540,698</td><td style="padding-bottom: 2.5pt; 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--RealEstateHeldforsale_iI_pp0p0_c20201231__us-gaap--InvestmentTypeAxis__custom--CommercialRealEstateOneMember_zkNCFai909Jj" style="border-bottom: Black 2.5pt double; text-align: right">4,400,553</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_989_ecustom--SquareFootage_iI_uSqft_c20211231__us-gaap--InvestmentTypeAxis__custom--CommercialRealEstateOneMember_zUFsQzUidZP1" style="border-bottom: Black 2.5pt double; text-align: right" title="Total square footage">225,551</td><td style="padding-bottom: 2.5pt; 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_ecustom--SquareFootage_iI_uSqft_c20201231__us-gaap--InvestmentTypeAxis__custom--CommercialRealEstateOneMember_zfXuj6LCJbh9" style="border-bottom: Black 2.5pt double; text-align: right" title="Total square footage">234,979</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <div style="width: 15%"><div style="border-top: Black 1pt solid; font-size: 1pt"> </div></div> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"/></p> <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: 0.2pc"><span id="xdx_F00_z16h7wtZPd72" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(1)</span></td> <td><span id="xdx_F15_zkcSBarQRiuc" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Approximately 93 acres of undeveloped land, in 2021, the existing building was removed</span></td></tr> </table> <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 id="xdx_F0C_zqwNs9PJaQ75" style="width: 0.2pc"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(2)</span></td> <td id="xdx_F10_z4BMsjAJ7gXe"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Improved commercial pad</span></td></tr> </table> <p id="xdx_8A8_zvTfhPIj9HXc" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"/></p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: center; margin-top: 0pt; margin-bottom: 0pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">SECURITY NATIONAL FINANCIAL CORPORATION</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">AND SUBSIDIARIES</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Notes to Consolidated Financial Statements</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Years Ended December 31, 2021 and 2020</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">2) <span style="text-decoration: underline">Investments</span> (Continued)</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0pt; margin-bottom: 0pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">These properties are all actively being marketed with the assistance of commercial real estate brokers in the markets where the properties are located. The Company expects these properties to sell within the coming 12 months.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0pt; margin-bottom: 0pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0pt; margin-bottom: 0pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="text-decoration: underline">Residential Real Estate Held for Investment and Held for Sale</span></span></p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0pt; margin-bottom: 0pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Company owns a small portfolio of residential homes primarily as a result of loan foreclosures. The Company has the option to sell them or to continue to hold them for cash flow and acceptable returns. The Company also invests in residential subdivision land developments.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Company established Security National Real Estate Services (“SNRE”) to manage the residential portfolio. SNRE cultivates and maintains the preferred vendor relationships necessary to manage costs and quality of work performed on the portfolio of homes across the country.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">During the years ended December 31, 2021 and 2020, the Company recorded impairment losses on residential real estate held for sale of $-<span id="xdx_904_ecustom--ForeclosedResidentialRealEstateIncludedInResidentialRealEstateHeldForInvestment_iI_pp0p0_c20211231__us-gaap--InvestmentTypeAxis__custom--ResidentialRealEstate1Member_zUhtTeilKEre" title="Foreclosed residential real estate included in residential real estate held for investment">0</span>- and $<span id="xdx_906_ecustom--ForeclosedResidentialRealEstateIncludedInResidentialRealEstateHeldForInvestment_iI_pp0p0_c20201231__us-gaap--InvestmentTypeAxis__custom--ResidentialRealEstate1Member_z7s6HA5Eyj3a" title="Foreclosed residential real estate included in residential real estate held for investment">43,394</span>, respectively. These impairment losses are included in gains (losses) on investments and other assets on the consolidated statements of earnings.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The net ending balance of foreclosed residential real estate included in residential real estate held for investment or sale is $<span id="xdx_90A_ecustom--ImpairmentLossesOnResidentialRealEstateHeldForInvestment_pp0p0_c20210101__20211231_zgtFQEMpdCE8" title="Impairment losses on residential real estate held for investment">1,190,602</span> and $<span id="xdx_903_ecustom--ImpairmentLossesOnResidentialRealEstateHeldForInvestment_pp0p0_c20200101__20201231_ztgYu0txZNee" title="Impairment losses on residential real estate held for investment">4,327,079</span> as of December 31, 2021 and 2020, respectively.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p id="xdx_89F_ecustom--ResidentialRealEstateInvestmentTextBlock_zxaTW9QEXjti" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Company’s residential real estate held for investment is summarized as follows:</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> <span id="xdx_8B5_zZl5dJ5I3E3" style="display: none">Schedule of Residential Real Estate Investment</span></span></p> <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: 1pt"> </td> <td colspan="2" id="xdx_497_20210101__20211231__us-gaap--CollateralAxis__us-gaap--ResidentialRealEstateMember_zbDcLNY0v1vk" style="border-bottom: Black 1pt solid; text-align: center"> </td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_49F_20200101__20201231__us-gaap--CollateralAxis__us-gaap--ResidentialRealEstateMember_zS53VVw3j6Pa" style="border-bottom: Black 1pt solid; text-align: center"> </td><td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td> </td> <td colspan="6" style="text-align: center">Net Ending Balance</td><td> </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">December 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">2021</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">2020</td><td style="padding-bottom: 1pt"> </td></tr> <tr id="xdx_40D_eus-gaap--RealEstateInvestmentPropertyNet_iE_hsrt--StatementGeographicalAxis__stpr--UT_z2jc59JysMF" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 64%">Utah <span id="xdx_F43_zUuzGdry9Uqk">(1)</span></td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 14%; text-align: right">41,686,281</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 14%; text-align: right">24,557,562</td><td style="width: 1%; text-align: left"> </td></tr> <tr id="xdx_40B_eus-gaap--RealEstateInvestmentPropertyNet_iE_hsrt--StatementGeographicalAxis__stpr--WA_zNXuOgfusdz8" style="vertical-align: bottom; background-color: White"> <td style="padding-bottom: 1pt">Washington <span id="xdx_F47_zbXNENu6eaY9">(2)</span></td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">286,181</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">286,181</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_407_eus-gaap--RealEstateInvestmentPropertyNet_iE_z1dz0Lzqk52e" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-bottom: 2.5pt"><span style="display: none; font-family: Times New Roman, Times, Serif; font-size: 10pt">Residential Real Estate Investment</span></td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">41,972,462</td><td style="padding-bottom: 2.5pt; 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">24,843,743</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0pt; margin-bottom: 0pt"/> <div style="width: 15%"><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"><span id="xdx_F06_z86ut5Kw80ya" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(1)</span></td><td style="text-align: justify"><span id="xdx_F1A_z5xe13Hv1YF2" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Including subdivision land developments</span></td> </tr></table> <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"><span id="xdx_F0A_zlxFv22o7cOb" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(2)</span></td><td style="text-align: justify"><span id="xdx_F1B_zTm7TkWJE4n2" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Improved residential lots</span></td> </tr></table> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0pt; margin-bottom: 0pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The following table presents additional information regarding the Company’s subdivision land developments in Utah.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <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: 1pt"> </td> <td colspan="2" id="xdx_491_20210101__20211231_zBLVuruLjS9j" style="border-bottom: Black 1pt solid; text-align: center"> </td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_49A_20200101__20201231_zWHjAy9TS1ak" style="border-bottom: Black 1pt solid; text-align: center"> </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">December 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">2021</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">2020</td><td style="padding-bottom: 1pt"> </td></tr> <tr id="xdx_40A_ecustom--LotsAvailableForSale_hsrt--StatementGeographicalAxis__stpr--UT__us-gaap--PropertyPlantAndEquipmentByTypeAxis__custom--LandDevelopmentsMember_zlZ5Z2baQvoi" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 64%; text-align: left">Lots available for sale</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 14%; text-align: right">67</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">36</td><td style="width: 1%; text-align: left"> </td></tr> <tr id="xdx_401_ecustom--LotsToBeDeveloped_hsrt--StatementGeographicalAxis__stpr--UT__us-gaap--PropertyPlantAndEquipmentByTypeAxis__custom--LandDevelopmentsMember_zI9KkiBezHlk" 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 style="text-align: right">548</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">350</td><td style="text-align: left"> </td></tr> <tr id="xdx_40F_eus-gaap--RealEstateInvestmentPropertyNet_iE_hsrt--StatementGeographicalAxis__stpr--UT__us-gaap--PropertyPlantAndEquipmentByTypeAxis__custom--LandDevelopmentsMember_zGEMVQLVcame" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td>Ending Balance</td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">41,479,434</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">23,777,478</td><td style="text-align: left"> </td></tr> <tr id="xdx_401_eus-gaap--RealEstateInvestmentPropertyNet_iE_hsrt--StatementGeographicalAxis__stpr--UT__us-gaap--PropertyPlantAndEquipmentByTypeAxis__custom--LandDevelopmentsMember_ziIvu9NBmpZb" style="display: none; vertical-align: bottom; background-color: rgb(204,238,255)"> <td>Residential Real Estate Investment</td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">41,479,434</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">23,777,478</td><td style="text-align: left"> </td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: center; margin-top: 0pt; margin-bottom: 0pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">SECURITY NATIONAL FINANCIAL CORPORATION</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">AND SUBSIDIARIES</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Notes to Consolidated Financial Statements</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Years Ended December 31, 2021 and 2020</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">2) <span style="text-decoration: underline">Investments</span> (Continued)</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Company’s residential real estate held for sale is summarized as follows:</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 60%"> <tr style="display: none; vertical-align: bottom"> <td> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_497_20211231_zLuV0VEmhCgi" style="border-bottom: Black 1pt solid; text-align: center"> </td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_492_20201231_zzQms3mN4zik" style="border-bottom: Black 1pt solid; text-align: center"> </td><td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td> </td> <td colspan="6" style="text-align: center">Net Ending Balance</td><td> </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">December 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">2021</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">2020</td><td style="padding-bottom: 1pt"> </td></tr> <tr id="xdx_403_eus-gaap--RealEstateHeldforsale_iI_hsrt--StatementGeographicalAxis__stpr--NV__us-gaap--InvestmentTypeAxis__custom--ResidentialRealEstateOneMember_zcLSgj0hFwy9" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 64%">Nevada</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 14%; text-align: right">979,640</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">979,640</td><td style="width: 1%; text-align: left"> </td></tr> <tr id="xdx_405_eus-gaap--RealEstateHeldforsale_iI_hsrt--StatementGeographicalAxis__stpr--TX__us-gaap--InvestmentTypeAxis__custom--ResidentialRealEstateOneMember_zBwndY2wDWai" style="vertical-align: bottom; background-color: White"> <td>Texas</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">200,962</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"><span style="-sec-ix-hidden: xdx2ixbrl1459"> </span></td><td style="text-align: right">-</td><td style="text-align: left"> </td></tr> <tr id="xdx_409_eus-gaap--RealEstateHeldforsale_iI_hsrt--StatementGeographicalAxis__stpr--OH__us-gaap--InvestmentTypeAxis__custom--ResidentialRealEstateOneMember_znCZcpNXAvhk" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td>Ohio</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">10,000</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">10,000</td><td style="text-align: left"> </td></tr> <tr id="xdx_401_eus-gaap--RealEstateHeldforsale_iI_hsrt--StatementGeographicalAxis__stpr--FL__us-gaap--InvestmentTypeAxis__custom--ResidentialRealEstateOneMember_z8dLRfjqGhNg" style="vertical-align: bottom; background-color: White"> <td>Florida</td><td> </td> <td style="text-align: left"><span style="-sec-ix-hidden: xdx2ixbrl1464"> </span></td><td style="text-align: right">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">744,322</td><td style="text-align: left"> </td></tr> <tr id="xdx_407_eus-gaap--RealEstateHeldforsale_iI_hsrt--StatementGeographicalAxis__stpr--UT__us-gaap--InvestmentTypeAxis__custom--ResidentialRealEstateOneMember_zEYNbeax8cq9" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-bottom: 1pt">Utah</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"><span style="-sec-ix-hidden: xdx2ixbrl1467"> </span></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">1,744,292</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_40E_eus-gaap--RealEstateHeldforsale_iI_hus-gaap--InvestmentTypeAxis__custom--ResidentialRealEstateOneMember_zmsnXgafD7R" style="vertical-align: bottom; background-color: White"> <td style="padding-bottom: 2.5pt"><span style="display: none; font-family: Times New Roman, Times, Serif; font-size: 10pt">Real Estate held for Sale</span></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">1,190,602</td><td style="padding-bottom: 2.5pt; 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">3,478,254</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> <p id="xdx_8A0_z7QpGuLXHcff" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0pt; margin-bottom: 0pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">These properties are all actively being marketed with the assistance of residential real estate brokers in the markets where the properties are located. The Company expects these properties to sell within the coming 12 months.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0pt; margin-bottom: 0pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0pt; margin-bottom: 0pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="text-decoration: underline">Real Estate Owned and Occupied by the Company</span></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p id="xdx_89E_eus-gaap--RealEstateOwnedTextBlock_zbIzMc0nJj3k" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The primary business units of the Company occupy a portion of the commercial real estate owned by the Company. As of December 31, 2021, real estate owned and occupied by the Company is summarized as follows:</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> <span id="xdx_8BE_zln4NEDPZ52l" style="display: none">Schedule of Real Estate Owned and Occupied by the Company</span></span></p> <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">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="width: 32%; text-align: left">433 West Ascension Way, Salt Lake City, UT - Center53 Phase 2</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 id="xdx_987_ecustom--ApproximateSquareFootage_iI_uSqft_c20211231__us-gaap--StatementBusinessSegmentsAxis__custom--MortgageOperationsMember_zEWivYitxSDa" style="width: 14%; text-align: right" title="Approximate square footage">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 id="xdx_988_ecustom--SquareFootageOccupiedByTheCompany_iI_pid_dp_uPure_c20211231__us-gaap--StatementBusinessSegmentsAxis__custom--MortgageOperationsMember_zym7qdYQ83y1" style="width: 14%; text-align: right" 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</td><td> </td> <td style="text-align: left">Life Insurance Operations</td><td> </td> <td style="text-align: left"> </td><td id="xdx_988_ecustom--ApproximateSquareFootage_iI_uSqft_c20211231__us-gaap--StatementBusinessSegmentsAxis__custom--LifeInsuranceOperationsMember_zAc5jdHGTSwc" style="text-align: right" title="Approximate square footage">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_901_ecustom--SquareFootageOccupiedByTheCompany_iI_pid_dp_uPure_c20211231__us-gaap--StatementBusinessSegmentsAxis__custom--LifeInsuranceOperationsMember_zubt2qYJvKf1" title="Square footage occupied by the company">28</span></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 <span id="xdx_F44_zB5fJLHq0qK2">(1)</span></td><td> </td> <td style="text-align: left">Life Insurance Operations</td><td> </td> <td style="text-align: left"> </td><td id="xdx_988_ecustom--ApproximateSquareFootage_iI_uSqft_c20211231__us-gaap--StatementBusinessSegmentsAxis__custom--LifeInsuranceOperations1Member_fKDEp_zsdGK3gqqux5" style="text-align: right" title="Approximate square footage">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_908_ecustom--SquareFootageOccupiedByTheCompany_iI_pid_dp_uPure_c20211231__us-gaap--StatementBusinessSegmentsAxis__custom--LifeInsuranceOperations1Member_fKDEp_z4snEyT0g9Kb" title="Square footage occupied by the company">100</span></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 <span id="xdx_F46_z1ok8MMtDeZ8">(1)</span></td><td> </td> <td style="text-align: left">Life Insurance Sales</td><td> </td> <td style="text-align: left"> </td><td id="xdx_987_ecustom--ApproximateSquareFootage_iI_uSqft_c20211231__us-gaap--StatementBusinessSegmentsAxis__custom--LifeInsuranceSalesMember_fKDEp_zGgM2zEkw4Za" style="text-align: right" title="Approximate square footage">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_905_ecustom--SquareFootageOccupiedByTheCompany_iI_pid_dp_uPure_c20211231__us-gaap--StatementBusinessSegmentsAxis__custom--LifeInsuranceSalesMember_fKDEp_z2KtlmIivZJg" title="Square footage occupied by the company">100</span></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 <span id="xdx_F48_zMjv6DylZS1l">(1)</span></td><td> </td> <td style="text-align: left">Life Insurance Sales</td><td> </td> <td style="text-align: left"> </td><td id="xdx_986_ecustom--ApproximateSquareFootage_iI_uSqft_c20211231__us-gaap--StatementBusinessSegmentsAxis__custom--LifeInsuranceSales1Member_fKDEp_zL8WAdrKUID2" style="text-align: right" title="Approximate square footage">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_901_ecustom--SquareFootageOccupiedByTheCompany_iI_pid_dp_uPure_c20211231__us-gaap--StatementBusinessSegmentsAxis__custom--LifeInsuranceSales1Member_fKDEp_zf3yHqqbz2z9" title="Square footage occupied by the company">100</span></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 <span id="xdx_F4C_zgoPKKaBPZh4">(1)</span></td><td> </td> <td style="text-align: left">Life Insurance Sales</td><td> </td> <td style="text-align: left"> </td><td id="xdx_983_ecustom--ApproximateSquareFootage_iI_uSqft_c20211231__us-gaap--StatementBusinessSegmentsAxis__custom--LifeInsuranceSales2Member_fKDEp_zQPPcZZszax9" style="text-align: right" title="Approximate square footage">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_904_ecustom--SquareFootageOccupiedByTheCompany_iI_pid_dp_uPure_c20211231__us-gaap--StatementBusinessSegmentsAxis__custom--LifeInsuranceSales2Member_fKDEp_zkTnkgJ3aGS3" title="Square footage occupied by the company">100</span></td><td style="text-align: left">%</td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0pt; margin-bottom: 0pt"/> <div style="width: 15%"><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"><span id="xdx_F00_zK4BJ1lhoLXd" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(1)</span></td><td style="text-align: justify"><span id="xdx_F17_zS2siDe13Ts9" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Included in property and equipment on the consolidated balance sheets</span></td> </tr></table> <p id="xdx_8A6_zn0FcNQaqIW5" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Mortgage Loans Held for Investment</b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Company reports mortgage loans held for investment pursuant to the accounting policy discussed in Note 1 of the Notes to Consolidated Financial Statements.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Mortgage loans consist of first and second mortgages. The mortgage loans bear interest at rates ranging from <span id="xdx_902_eus-gaap--DebtInstrumentInterestRateStatedPercentage_iI_pid_dp_uPure_c20211231__srt--RangeAxis__srt--MinimumMember_zFeI1Gu4uTVa" title="Loan Interest rate">2.0</span> % to <span id="xdx_903_eus-gaap--DebtInstrumentInterestRateStatedPercentage_iI_pid_dp_uPure_c20211231__srt--RangeAxis__srt--MaximumMember_znSq6HQeaUA5" style="font: 10pt Times New Roman, Times, Serif" title="Loan Interest rate">10.5</span>%, maturity dates range from nine months to 30 years and 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. At December 31, 2021, the Company had <span id="xdx_900_eus-gaap--DebtInstrumentInterestRateStatedPercentage_iI_pid_dp_uPure_c20211231__srt--StatementGeographicalAxis__stpr--UT_ze94oLIyxeO7">70</span>%, <span id="xdx_90B_eus-gaap--DebtInstrumentInterestRateStatedPercentage_iI_pid_dp_uPure_c20211231__srt--StatementGeographicalAxis__stpr--FL_z1DWM1sqOmsa">7</span>%, <span id="xdx_900_eus-gaap--DebtInstrumentInterestRateStatedPercentage_iI_pid_dp_uPure_c20211231__srt--StatementGeographicalAxis__stpr--CA_z417pkl0Mx4a">5</span>%, <span id="xdx_90C_eus-gaap--DebtInstrumentInterestRateStatedPercentage_iI_pid_dp_uPure_c20211231__srt--StatementGeographicalAxis__stpr--TX_zzfO2uw5n8yd">4</span>%, <span id="xdx_905_eus-gaap--DebtInstrumentInterestRateStatedPercentage_iI_pid_dp_uPure_c20211231__srt--StatementGeographicalAxis__stpr--NV_zMtoQGr1Bn1f">4</span>% and <span id="xdx_90D_eus-gaap--DebtInstrumentInterestRateStatedPercentage_iI_dp_uPure_c20211231__srt--StatementGeographicalAxis__stpr--AZ_zIybYIZ4UIx4">2</span>% of its mortgage loans from borrowers located in the states of Utah, Florida, California, Texas, Nevada and Arizona, respectively. At December 31, 2020, the Company had <span id="xdx_906_eus-gaap--DebtInstrumentInterestRateStatedPercentage_iI_pid_dp_uPure_c20201231__srt--StatementGeographicalAxis__stpr--UT_zw2M9e29Erpe">57</span>%, <span id="xdx_900_eus-gaap--DebtInstrumentInterestRateStatedPercentage_iI_pid_dp_uPure_c20201231__srt--StatementGeographicalAxis__stpr--FL_z0igzl32FgT2">13</span>%, <span id="xdx_900_eus-gaap--DebtInstrumentInterestRateStatedPercentage_iI_pid_dp_uPure_c20201231__srt--StatementGeographicalAxis__stpr--TX_zTkS7BsyUmS3">9</span>%, <span id="xdx_909_eus-gaap--DebtInstrumentInterestRateStatedPercentage_iI_pid_dp_uPure_c20201231__srt--StatementGeographicalAxis__stpr--CA_zvKlTHryGaP4">4</span>%, <span id="xdx_905_eus-gaap--DebtInstrumentInterestRateStatedPercentage_iI_pid_dp_uPure_c20201231__srt--StatementGeographicalAxis__stpr--NV_zZeh7feSmKsa">3</span>% and <span id="xdx_904_eus-gaap--DebtInstrumentInterestRateStatedPercentage_iI_pid_dp_uPure_c20201231__srt--StatementGeographicalAxis__stpr--AZ_zcsl7QEL8lr5">3</span>% of its mortgage loans from borrowers located in the states of Utah, Florida, Texas, California, Nevada and Arizona, respectively.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">SECURITY NATIONAL FINANCIAL CORPORATION</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">AND SUBSIDIARIES</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Notes to Consolidated Financial Statements</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Years Ended December 31, 2021 and 2020</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">2) <span style="text-decoration: underline">Investments</span> (Continued)</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p id="xdx_89E_ecustom--ScheduleOfAllowanceForLoanLossesAsAContraAssetAccount1TableTextBlock_zPBdelTdhpO3" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Company establishes a valuation allowance for credit losses in its mortgage loans held for investment portfolio. The following table presents the valuation allowance for loan losses as a contra-asset account.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> <span id="xdx_8B2_zM1oH4v4ualh" style="display: none">Schedule of Allowance for Loan Losses as Contra- Asset Account</span></span></p> <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">Commercial</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">Residential</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">Residential Construction</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: rgb(204,238,255)"> <td style="text-decoration: underline; font-weight: bold">December 31, 2021</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="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%; text-align: left">Beginning balance</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_984_eus-gaap--FinancingReceivableAllowanceForCreditLosses_iS_pp0p0_c20210101__20211231__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember_zQYeCcwOzpSk" 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">$</td><td id="xdx_98E_eus-gaap--FinancingReceivableAllowanceForCreditLosses_iS_pp0p0_c20210101__20211231__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember_zFx63ajs2MY3" style="width: 10%; text-align: right" title="Financing Receivable, Allowance for Credit Loss, Beginning">1,774,796</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_98D_eus-gaap--FinancingReceivableAllowanceForCreditLosses_iS_pp0p0_c20210101__20211231__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember_zUD4eoOwd9C" 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_982_eus-gaap--FinancingReceivableAllowanceForCreditLosses_iS_pp0p0_c20210101__20211231_zeA5Nz9UiRu4" style="width: 10%; text-align: right" title="Financing Receivable, Allowance for Credit Loss, Beginning">2,005,127</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-left: 10pt">Charge-offs</td><td> </td> <td style="text-align: left"> </td><td id="xdx_984_ecustom--AllowanceForCreditLossesChargeOffs_pdp0_c20210101__20211231__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember_zXepg1yQBTBa" style="text-align: right" title="Allowance for credit losses, Charge-offs"><span style="-sec-ix-hidden: xdx2ixbrl1526">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_980_ecustom--AllowanceForCreditLossesChargeOffs_pdp0_c20210101__20211231__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember_z5U4nQQ9LWH" style="text-align: right" title="Allowance for credit losses, Charge-offs"><span style="-sec-ix-hidden: xdx2ixbrl1528">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_981_ecustom--AllowanceForCreditLossesChargeOffs_pdp0_c20210101__20211231__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember_zBNA7FBUR9Bl" style="text-align: right" title="Allowance for credit losses, Charge-offs"><span style="-sec-ix-hidden: xdx2ixbrl1530">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_983_ecustom--AllowanceForCreditLossesChargeOffs_pdp0_c20210101__20211231_zvgxe2u5FUte" style="text-align: right" title="Allowance for credit losses, Charge-offs"><span style="-sec-ix-hidden: xdx2ixbrl1532">-</span></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">Provision</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_988_ecustom--AllowanceForCreditLossesProvision_pdp0_c20210101__20211231__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember_zl9I0hrwil6j" style="border-bottom: Black 1pt solid; text-align: right" title="Allowance for Credit Losses, Provision"><span style="-sec-ix-hidden: xdx2ixbrl1534">-</span></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_ecustom--AllowanceForCreditLossesProvision_pp0p0_c20210101__20211231__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember_zIh76zcwvjgc" style="border-bottom: Black 1pt solid; text-align: right" title="Allowance for Credit Losses, Provision">(305,225</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_ecustom--AllowanceForCreditLossesProvision_pdp0_c20210101__20211231__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember_z9rJV3ouTblf" style="border-bottom: Black 1pt solid; text-align: right" title="Allowance for Credit Losses, Provision"><span style="-sec-ix-hidden: xdx2ixbrl1538">-</span></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_ecustom--AllowanceForCreditLossesProvision_pp0p0_c20210101__20211231_zlAlWJjBj1Yh" style="border-bottom: Black 1pt solid; text-align: right" title="Allowance for Credit Losses, Provision">(305,225</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">Ending balance</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--FinancingReceivableAllowanceForCreditLosses_iE_pp0p0_c20210101__20211231__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember_zkLqpD7wFqCg" style="border-bottom: Black 2.5pt double; text-align: right" title="Financing Receivable, Allowance for Credit Loss, Ending Balance">187,129</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_986_eus-gaap--FinancingReceivableAllowanceForCreditLosses_iE_pp0p0_c20210101__20211231__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember_zXnJTjDSZHb3" style="border-bottom: Black 2.5pt double; text-align: right" title="Financing Receivable, Allowance for Credit Loss, Ending Balance">1,469,571</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_987_eus-gaap--FinancingReceivableAllowanceForCreditLosses_iE_pp0p0_c20210101__20211231__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember_zSTUugTZrK73" style="border-bottom: Black 2.5pt double; text-align: right" title="Financing Receivable, Allowance for Credit Loss, Ending Balance">43,202</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_983_eus-gaap--FinancingReceivableAllowanceForCreditLosses_iE_pp0p0_c20210101__20211231_zuvbYfi85zb9" style="border-bottom: Black 2.5pt double; text-align: right" title="Financing Receivable, Allowance for Credit Loss, Ending Balance">1,699,902</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 2.5pt">Ending balance: individually evaluated for impairment</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_986_eus-gaap--FinancingReceivableAllowanceForCreditLossesIndividuallyEvaluatedForImpairment1_iI_pdp0_c20211231__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember_zucjiIb9Sds2" style="border-bottom: Black 2.5pt double; text-align: right" title="Financing Receivable, Allowance for Credit Losses, Individually Evaluated for Impairment"><span style="-sec-ix-hidden: xdx2ixbrl1550">-</span></td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_980_eus-gaap--FinancingReceivableAllowanceForCreditLossesIndividuallyEvaluatedForImpairment1_iI_pp0p0_c20211231__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember_zmgnV4YJTNqg" style="border-bottom: Black 2.5pt double; text-align: right" title="Financing Receivable, Allowance for Credit Losses, Individually Evaluated for Impairment">105,384</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_980_eus-gaap--FinancingReceivableAllowanceForCreditLossesIndividuallyEvaluatedForImpairment1_iI_pdp0_c20211231__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember_zW8nGEi69k74" style="border-bottom: Black 2.5pt double; text-align: right" title="Financing Receivable, Allowance for Credit Losses, Individually Evaluated for Impairment"><span style="-sec-ix-hidden: xdx2ixbrl1554">-</span></td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_985_eus-gaap--FinancingReceivableAllowanceForCreditLossesIndividuallyEvaluatedForImpairment1_iI_pp0p0_c20211231_zhiCDxCAw0wc" style="border-bottom: Black 2.5pt double; text-align: right" title="Financing Receivable, Allowance for Credit Losses, Individually Evaluated for Impairment">105,384</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 2.5pt">Ending balance: collectively evaluated for impairment</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_987_eus-gaap--FinancingReceivableAllowanceForCreditLossesCollectivelyEvaluatedForImpairment_iI_pp0p0_c20211231__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember_zrHPPR07CdHc" style="border-bottom: Black 2.5pt double; text-align: right" title="Financing Receivable, Allowance for Credit Losses, Collectively Evaluated for Impairment">187,129</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_981_eus-gaap--FinancingReceivableAllowanceForCreditLossesCollectivelyEvaluatedForImpairment_iI_pp0p0_c20211231__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember_zjfbCfDjkf9i" style="border-bottom: Black 2.5pt double; text-align: right" title="Financing Receivable, Allowance for Credit Losses, Collectively Evaluated for Impairment">1,364,187</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_982_eus-gaap--FinancingReceivableAllowanceForCreditLossesCollectivelyEvaluatedForImpairment_iI_pp0p0_c20211231__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember_zcuOempacCT5" style="border-bottom: Black 2.5pt double; text-align: right" title="Financing Receivable, Allowance for Credit Losses, Collectively Evaluated for Impairment">43,202</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_984_eus-gaap--FinancingReceivableAllowanceForCreditLossesCollectivelyEvaluatedForImpairment_iI_pp0p0_c20211231_zTyEsDmblzCe" style="border-bottom: Black 2.5pt double; text-align: right" title="Financing Receivable, Allowance for Credit Losses, Collectively Evaluated for Impairment">1,594,518</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Mortgage loans:</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-bottom: 2.5pt">Ending balance</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98A_ecustom--MortgageLoans_iI_pp0p0_c20211231__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember_zX0GJIudWv4g" style="border-bottom: Black 2.5pt double; text-align: right" title="Mortgage loans">51,683,022</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_989_ecustom--MortgageLoans_iI_pp0p0_c20211231__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember_ztzgE0sqfPHd" style="border-bottom: Black 2.5pt double; text-align: right" title="Mortgage loans">53,533,712</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98A_ecustom--MortgageLoans_iI_pp0p0_c20211231__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember_zPEaO36up8re" style="border-bottom: Black 2.5pt double; text-align: right" title="Mortgage loans">175,117,783</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">$</td><td id="xdx_98A_ecustom--MortgageLoans_iI_pp0p0_c20211231_zMvD7TB2avRd" style="border-bottom: Black 2.5pt double; text-align: right" title="Mortgage loans">280,334,517</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 2.5pt">Ending balance: individually evaluated for impairment</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98C_eus-gaap--FinancingReceivableIndividuallyEvaluatedForImpairment_iI_pp0p0_c20211231__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember_zBXz504mjxM2" style="border-bottom: Black 2.5pt double; text-align: right" title="Financing Receivable, Individually Evaluated for Impairment">1,723,372</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_989_eus-gaap--FinancingReceivableIndividuallyEvaluatedForImpairment_iI_pp0p0_c20211231__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember_zcWNZRXXnXTh" style="border-bottom: Black 2.5pt double; text-align: right" title="Financing Receivable, Individually Evaluated for Impairment">2,548,656</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_987_eus-gaap--FinancingReceivableIndividuallyEvaluatedForImpairment_iI_pp0p0_c20211231__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember_zEzplySII3Al" style="border-bottom: Black 2.5pt double; text-align: right" title="Financing Receivable, Individually Evaluated for Impairment"><span style="-sec-ix-hidden: xdx2ixbrl1578">-</span></td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_984_eus-gaap--FinancingReceivableIndividuallyEvaluatedForImpairment_iI_pp0p0_c20211231_zoPOcpKQtBYg" style="border-bottom: Black 2.5pt double; text-align: right" title="Financing Receivable, Individually Evaluated for Impairment">4,272,028</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 2.5pt">Ending balance: collectively evaluated for impairment</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98F_eus-gaap--FinancingReceivableCollectivelyEvaluatedForImpairment_iI_pp0p0_c20211231__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember_zSBbm2brwQS8" style="border-bottom: Black 2.5pt double; text-align: right" title="Financing Receivable, Collectively Evaluated for Impairment">49,959,650</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_988_eus-gaap--FinancingReceivableCollectivelyEvaluatedForImpairment_iI_pp0p0_c20211231__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember_zZs20VxMaIF2" style="border-bottom: Black 2.5pt double; text-align: right" title="Financing Receivable, Collectively Evaluated for Impairment">50,985,056</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98C_eus-gaap--FinancingReceivableCollectivelyEvaluatedForImpairment_iI_pp0p0_c20211231__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember_zxiOxWPU89Ak" style="border-bottom: Black 2.5pt double; text-align: right" title="Financing Receivable, Collectively Evaluated for Impairment">175,117,783</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_98A_eus-gaap--FinancingReceivableCollectivelyEvaluatedForImpairment_iI_pp0p0_c20211231_zASw6IUXRc11" style="border-bottom: Black 2.5pt double; text-align: right" title="Financing Receivable, Collectively Evaluated for Impairment">2,760,162,489</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-decoration: underline; font-weight: bold">December 31, 2020</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="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="text-align: left">Beginning balance</td><td> </td> <td style="text-align: left">$</td><td id="xdx_98E_eus-gaap--FinancingReceivableAllowanceForCreditLosses_iS_pp0p0_c20200101__20201231__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember_zylQ5WKJX0Qh" 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">$</td><td id="xdx_982_eus-gaap--FinancingReceivableAllowanceForCreditLosses_iS_pp0p0_c20200101__20201231__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember_zgk30jCjQToa" style="text-align: right" title="Financing Receivable, Allowance for Credit Loss, Beginning">1,222,706</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td id="xdx_98B_eus-gaap--FinancingReceivableAllowanceForCreditLosses_iS_pp0p0_c20200101__20201231__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember_zr8Cw7hSljb5" 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_988_eus-gaap--FinancingReceivableAllowanceForCreditLosses_iS_pp0p0_c20200101__20201231_zdJgFpr8Xwk5" style="text-align: right" title="Financing Receivable, Allowance for Credit Loss, Beginning">1,453,037</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-left: 10pt">Charge-offs</td><td> </td> <td style="text-align: left"> </td><td id="xdx_984_ecustom--AllowanceForCreditLossesChargeOffs_pdp0_c20200101__20201231__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember_zKJUci8bC9e3" style="text-align: right" title="Allowance for credit losses, Charge-offs"><span style="-sec-ix-hidden: xdx2ixbrl1598">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98F_ecustom--AllowanceForCreditLossesChargeOffs_pdp0_c20200101__20201231__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember_zKnmyEhgXqub" style="text-align: right" title="Allowance for credit losses, Charge-offs"><span style="-sec-ix-hidden: xdx2ixbrl1600">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_988_ecustom--AllowanceForCreditLossesChargeOffs_pp0p0_c20200101__20201231__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember_z8qdvou0wCz2" style="text-align: right" title="Allowance for credit losses, Charge-offs"><span style="-sec-ix-hidden: xdx2ixbrl1602">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98C_ecustom--AllowanceForCreditLossesChargeOffs_pdp0_c20200101__20201231_zMIhCHeJ0Es5" style="text-align: right" title="Allowance for credit losses, Charge-offs"><span style="-sec-ix-hidden: xdx2ixbrl1604">-</span></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">Provision</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_981_ecustom--AllowanceForCreditLossesProvision_pdp0_c20200101__20201231__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember_zQTEIsa2COJ7" style="border-bottom: Black 1pt solid; text-align: right" title="Allowance for Credit Losses, Provision"><span style="-sec-ix-hidden: xdx2ixbrl1606">-</span></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_ecustom--AllowanceForCreditLossesProvision_pp0p0_c20200101__20201231__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember_zjf6C0QOn7Gh" style="border-bottom: Black 1pt solid; text-align: right" title="Allowance for Credit Losses, Provision">552,090</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_ecustom--AllowanceForCreditLossesProvision_pp0p0_c20200101__20201231__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember_z1rjg2dsIT4b" style="border-bottom: Black 1pt solid; text-align: right" title="Allowance for Credit Losses, Provision"><span style="-sec-ix-hidden: xdx2ixbrl1610">-</span></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_ecustom--AllowanceForCreditLossesProvision_pp0p0_c20200101__20201231_zuJwWcIKs6Q8" style="border-bottom: Black 1pt solid; text-align: right" title="Allowance for Credit Losses, Provision">552,090</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">Ending balance</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--FinancingReceivableAllowanceForCreditLosses_iE_pp0p0_c20200101__20201231__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember_zT6jOTVw2dc4" style="border-bottom: Black 2.5pt double; text-align: right" title="Financing Receivable, Allowance for Credit Loss, Ending Balance">187,129</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98C_eus-gaap--FinancingReceivableAllowanceForCreditLosses_iE_pp0p0_c20200101__20201231__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember_z2IQyGsHzLK9" style="border-bottom: Black 2.5pt double; text-align: right" title="Financing Receivable, Allowance for Credit Loss, Ending Balance">1,774,796</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_985_eus-gaap--FinancingReceivableAllowanceForCreditLosses_iE_pp0p0_c20200101__20201231__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember_znsRepkedlIh" style="border-bottom: Black 2.5pt double; text-align: right" title="Financing Receivable, Allowance for Credit Loss, Ending Balance">43,202</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98D_eus-gaap--FinancingReceivableAllowanceForCreditLosses_iE_pp0p0_c20200101__20201231_z6TC5wAYnkm8" style="border-bottom: Black 2.5pt double; text-align: right" title="Financing Receivable, Allowance for Credit Loss, Ending Balance">2,005,127</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 2.5pt">Ending balance: individually evaluated for impairment</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_988_eus-gaap--FinancingReceivableAllowanceForCreditLossesIndividuallyEvaluatedForImpairment1_iI_pdp0_c20201231__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember_zFcFj5a1dsIi" style="border-bottom: Black 2.5pt double; text-align: right" title="Financing Receivable, Allowance for Credit Losses, Individually Evaluated for Impairment"><span style="-sec-ix-hidden: xdx2ixbrl1622">-</span></td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98F_eus-gaap--FinancingReceivableAllowanceForCreditLossesIndividuallyEvaluatedForImpairment1_iI_pp0p0_c20201231__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember_z3rv93NTTL27" style="border-bottom: Black 2.5pt double; text-align: right" title="Financing Receivable, Allowance for Credit Losses, Individually Evaluated for Impairment">219,905</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98B_eus-gaap--FinancingReceivableAllowanceForCreditLossesIndividuallyEvaluatedForImpairment1_iI_pdp0_c20201231__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember_zmiwpDjoPpSe" style="border-bottom: Black 2.5pt double; text-align: right" title="Financing Receivable, Allowance for Credit Losses, Individually Evaluated for Impairment"><span style="-sec-ix-hidden: xdx2ixbrl1626">-</span></td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98D_eus-gaap--FinancingReceivableAllowanceForCreditLossesIndividuallyEvaluatedForImpairment1_iI_pp0p0_c20201231_z6DPbKJMJ1Dg" style="border-bottom: Black 2.5pt double; text-align: right" title="Financing Receivable, Allowance for Credit Losses, Individually Evaluated for Impairment">219,905</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 2.5pt">Ending balance: collectively evaluated for impairment</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_985_eus-gaap--FinancingReceivableAllowanceForCreditLossesCollectivelyEvaluatedForImpairment_iI_pp0p0_c20201231__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember_z3NVIn66mv09" style="border-bottom: Black 2.5pt double; text-align: right" title="Financing Receivable, Allowance for Credit Losses, Collectively Evaluated for Impairment">187,129</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98C_eus-gaap--FinancingReceivableAllowanceForCreditLossesCollectivelyEvaluatedForImpairment_iI_pp0p0_c20201231__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember_zhGej1NWJhpd" style="border-bottom: Black 2.5pt double; text-align: right" title="Financing Receivable, Allowance for Credit Losses, Collectively Evaluated for Impairment">1,554,891</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98C_eus-gaap--FinancingReceivableAllowanceForCreditLossesCollectivelyEvaluatedForImpairment_iI_pp0p0_c20201231__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember_zPhsupWh3Yfb" style="border-bottom: Black 2.5pt double; text-align: right" title="Financing Receivable, Allowance for Credit Losses, Collectively Evaluated for Impairment">43,202</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98B_eus-gaap--FinancingReceivableAllowanceForCreditLossesCollectivelyEvaluatedForImpairment_iI_pp0p0_c20201231_zCI0YFca43I5" style="border-bottom: Black 2.5pt double; text-align: right" title="Financing Receivable, Allowance for Credit Losses, Collectively Evaluated for Impairment">1,785,222</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Mortgage loans:</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-bottom: 2.5pt">Ending balance</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_980_ecustom--MortgageLoans_iI_pp0p0_c20201231__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember_zjGEiDWvVHFc" style="border-bottom: Black 2.5pt double; text-align: right" title="Mortgage loans">46,836,866</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">$</td><td id="xdx_988_ecustom--MortgageLoans_iI_pp0p0_c20201231__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember_zcQeWGrbKCMh" style="border-bottom: Black 2.5pt double; text-align: right" title="Mortgage loans">111,111,777</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_980_ecustom--MortgageLoans_iI_pp0p0_c20201231__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember_zGXTcRpqMgPc" style="border-bottom: Black 2.5pt double; text-align: right" title="Mortgage loans">95,822,448</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">$</td><td id="xdx_988_ecustom--MortgageLoans_iI_pp0p0_c20201231_zDt0Wd3eMm32" style="border-bottom: Black 2.5pt double; text-align: right" title="Mortgage loans">253,771,091</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 2.5pt">Ending balance: individually evaluated for impairment</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98D_eus-gaap--FinancingReceivableIndividuallyEvaluatedForImpairment_iI_pp0p0_c20201231__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember_zLqeCLxKlGU4" style="border-bottom: Black 2.5pt double; text-align: right" title="Financing Receivable, Individually Evaluated for Impairment">2,148,827</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_985_eus-gaap--FinancingReceivableIndividuallyEvaluatedForImpairment_iI_pp0p0_c20201231__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember_zLKZlO5763Ng" style="border-bottom: Black 2.5pt double; text-align: right" title="Financing Receivable, Individually Evaluated for Impairment">7,932,680</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_980_eus-gaap--FinancingReceivableIndividuallyEvaluatedForImpairment_iI_pp0p0_c20201231__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember_zmetaFivHQIb" style="border-bottom: Black 2.5pt double; text-align: right" title="Financing Receivable, Individually Evaluated for Impairment">200,963</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">$</td><td id="xdx_983_eus-gaap--FinancingReceivableIndividuallyEvaluatedForImpairment_iI_pp0p0_c20201231_zxwM62WflRFj" style="border-bottom: Black 2.5pt double; text-align: right" title="Financing Receivable, Individually Evaluated for Impairment">10,282,470</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 2.5pt">Ending balance: collectively evaluated for impairment</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98D_eus-gaap--FinancingReceivableCollectivelyEvaluatedForImpairment_iI_pp0p0_c20201231__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember_zE28soh4PcYe" style="border-bottom: Black 2.5pt double; text-align: right" title="Financing Receivable, Collectively Evaluated for Impairment">44,688,039</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_989_eus-gaap--FinancingReceivableCollectivelyEvaluatedForImpairment_iI_pp0p0_c20201231__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember_zV3Zt7zpGFcd" style="border-bottom: Black 2.5pt double; text-align: right" title="Financing Receivable, Collectively Evaluated for Impairment">103,179,097</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_983_eus-gaap--FinancingReceivableCollectivelyEvaluatedForImpairment_iI_pp0p0_c20201231__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember_zbBxUFfohC2l" style="border-bottom: Black 2.5pt double; text-align: right" title="Financing Receivable, Collectively Evaluated for Impairment">95,621,485</td><td style="padding-bottom: 2.5pt; 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--FinancingReceivableCollectivelyEvaluatedForImpairment_iI_pp0p0_c20201231_zWpuwZumsFbi" style="border-bottom: Black 2.5pt double; text-align: right" title="Financing Receivable, Collectively Evaluated for Impairment">243,488,621</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">SECURITY NATIONAL FINANCIAL CORPORATION</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">AND SUBSIDIARIES</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Notes to Consolidated Financial Statements</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Years Ended December 31, 2021 and 2020</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">2) <span style="text-decoration: underline">Investments</span> (Continued)</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p id="xdx_891_ecustom--ScheduleOfAgingOfMortgageLoansTextBlock_z3t0mFUMf6Aj" style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0pt; margin-bottom: 0pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The following table presents the aging of mortgage loans held for investment.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span id="xdx_8B2_zSZ6kBxy0ECj" style="display: none">Schedule of Aging of Mortgage Loans</span><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="font-family: Times New Roman, Times, Serif; vertical-align: bottom"> <td style="font-family: Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td colspan="2" style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: center"><span style="font-family: Times New Roman, Times, Serif">Commercial</span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td colspan="2" style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: center"><span style="font-family: Times New Roman, Times, Serif">Residential</span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td colspan="2" style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: center"><span style="font-family: Times New Roman, Times, Serif">Residential<br/>  Construction</span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td colspan="2" style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: center"><span style="font-family: Times New Roman, Times, Serif">Total</span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif"> </span></td></tr> <tr style="font-family: Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-decoration: underline; font-family: Times New Roman, Times, Serif; font-weight: bold"><span style="font-family: Times New Roman, Times, Serif">December 31, 2021</span></td><td style="font-family: Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif; text-align: right"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif; text-align: right"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif; text-align: right"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif; text-align: right"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td></tr> <tr style="font-family: Times New Roman, Times, Serif; vertical-align: bottom; background-color: White"> <td style="font-family: Times New Roman, Times, Serif; padding-left: 10pt; width: 44%; text-align: left"><span style="font-family: Times New Roman, Times, Serif">30-59 Days Past Due</span></td><td style="font-family: Times New Roman, Times, Serif; width: 2%"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="font-family: Times New Roman, Times, Serif; width: 1%; text-align: left"><span style="font-family: Times New Roman, Times, Serif">$</span></td><td id="xdx_983_ecustom--MortgageLoansDuringPeriod_pp0p0_c20210101__20211231__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--PastDue30To59DaysMember_zYKzVFHrzSsi" style="font-family: Times New Roman, Times, Serif; width: 10%; text-align: right" title="Mortgage Loans during period"><span style="font-family: Times New Roman, Times, Serif"><span style="-sec-ix-hidden: xdx2ixbrl1664">-</span></span></td><td style="font-family: Times New Roman, Times, Serif; width: 1%; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif; width: 2%"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="font-family: Times New Roman, Times, Serif; width: 1%; text-align: left"><span style="font-family: Times New Roman, Times, Serif">$</span></td><td id="xdx_982_ecustom--MortgageLoansDuringPeriod_pp0p0_c20210101__20211231__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--PastDue30To59DaysMember_zhZyFbSNiLVk" style="font-family: Times New Roman, Times, Serif; width: 10%; text-align: right" title="Mortgage Loans during period"><span style="font-family: Times New Roman, Times, Serif">3,117,826</span></td><td style="font-family: Times New Roman, Times, Serif; width: 1%; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif; width: 2%"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="font-family: Times New Roman, Times, Serif; width: 1%; text-align: left"><span style="font-family: Times New Roman, Times, Serif">$</span></td><td id="xdx_98B_ecustom--MortgageLoansDuringPeriod_pp0p0_c20210101__20211231__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--PastDue30To59DaysMember_z0XKuVfzgnY2" style="font-family: Times New Roman, Times, Serif; width: 10%; text-align: right" title="Mortgage Loans during period"><span style="font-family: Times New Roman, Times, Serif">1,363,127</span></td><td style="font-family: Times New Roman, Times, Serif; width: 1%; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif; width: 2%"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="font-family: Times New Roman, Times, Serif; width: 1%; text-align: left"><span style="font-family: Times New Roman, Times, Serif">$</span></td><td id="xdx_988_ecustom--MortgageLoansDuringPeriod_pp0p0_c20210101__20211231__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--PastDue30To59DaysMember_zaZQd8rE2Ph1" style="font-family: Times New Roman, Times, Serif; width: 10%; text-align: right" title="Mortgage Loans during period"><span style="font-family: Times New Roman, Times, Serif">4,480,953</span></td><td style="font-family: Times New Roman, Times, Serif; width: 1%; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td></tr> <tr style="font-family: Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font-family: Times New Roman, Times, Serif; padding-left: 10pt; text-align: left"><span style="font-family: Times New Roman, Times, Serif">60-89 Days Past Due</span></td><td style="font-family: Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td id="xdx_981_ecustom--MortgageLoansDuringPeriod_pp0p0_c20210101__20211231__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--PastDue60To89DaysMember_zEKMvBrnaYZ2" style="font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans during period"><span style="font-family: Times New Roman, Times, Serif">100,204</span></td><td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td id="xdx_98B_ecustom--MortgageLoansDuringPeriod_pp0p0_c20210101__20211231__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--PastDue60To89DaysMember_zKkecB8v3pg1" style="font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans during period"><span style="font-family: Times New Roman, Times, Serif">580,815</span></td><td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td id="xdx_98E_ecustom--MortgageLoansDuringPeriod_pp0p0_c20210101__20211231__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--PastDue60To89DaysMember_z1x1RS70YeJ9" style="font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans during period"><span style="font-family: Times New Roman, Times, Serif"><span style="-sec-ix-hidden: xdx2ixbrl1676">-</span></span></td><td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td id="xdx_98A_ecustom--MortgageLoansDuringPeriod_pp0p0_c20210101__20211231__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--PastDue60To89DaysMember_zJVaaFk3s3df" style="font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans during period"><span style="font-family: Times New Roman, Times, Serif">681,019</span></td><td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td></tr> <tr style="font-family: Times New Roman, Times, Serif; vertical-align: bottom; background-color: White"> <td style="font-family: Times New Roman, Times, Serif; padding-left: 10pt; text-align: left"><span id="xdx_F4E_zvyO8EBo76D4" style="font-family: Times New Roman, Times, Serif">Greater Than 90 Days (1)</span></td><td style="font-family: Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td id="xdx_98E_ecustom--MortgageLoansDuringPeriod_pp0p0_c20210101__20211231__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--PastDue90OrMoreDaysMember_fKDEp_zMosgdKnMIg1" style="font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans during period"><span style="font-family: Times New Roman, Times, Serif">1,723,372</span></td><td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td id="xdx_980_ecustom--MortgageLoansDuringPeriod_pp0p0_c20210101__20211231__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--PastDue90OrMoreDaysMember_fKDEp_zDplzTsnLZ6" style="font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans during period"><span style="font-family: Times New Roman, Times, Serif">2,052,062</span></td><td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td id="xdx_980_ecustom--MortgageLoansDuringPeriod_pp0p0_c20210101__20211231__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--PastDue90OrMoreDaysMember_fKDEp_zL0otZRZI9Se" style="font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans during period"><span style="font-family: Times New Roman, Times, Serif"><span style="-sec-ix-hidden: xdx2ixbrl1684">-</span></span></td><td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td id="xdx_980_ecustom--MortgageLoansDuringPeriod_pp0p0_c20210101__20211231__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--PastDue90OrMoreDaysMember_fKDEp_zzSbqLPPcwEj" style="font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans during period"><span style="font-family: Times New Roman, Times, Serif">3,775,434</span></td><td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td></tr> <tr style="font-family: Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font-family: Times New Roman, Times, Serif; padding-left: 10pt; text-align: left; padding-bottom: 1pt"><span id="xdx_F48_z7E9HFd7E0Wi" style="font-family: Times New Roman, Times, Serif">In Process of Foreclosure (1)</span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td id="xdx_988_ecustom--MortgageLoansDuringPeriod_pp0p0_c20210101__20211231__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--InForeclosureMember_fKDEp_zfspkcypQRm4" style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans during period"><span style="font-family: Times New Roman, Times, Serif"><span style="-sec-ix-hidden: xdx2ixbrl1688">-</span></span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td id="xdx_989_ecustom--MortgageLoansDuringPeriod_pp0p0_c20210101__20211231__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--InForeclosureMember_fKDEp_zeSZAx1NpML3" style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans during period"><span style="font-family: Times New Roman, Times, Serif">496,594</span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td id="xdx_989_ecustom--MortgageLoansDuringPeriod_pp0p0_c20210101__20211231__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--InForeclosureMember_fKDEp_zox9qWAy1jd1" style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans during period"><span style="font-family: Times New Roman, Times, Serif"><span style="-sec-ix-hidden: xdx2ixbrl1692">-</span></span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td id="xdx_989_ecustom--MortgageLoansDuringPeriod_pp0p0_c20210101__20211231__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--InForeclosureMember_fKDEp_zXLv2WTvqdr3" style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans during period"><span style="font-family: Times New Roman, Times, Serif">496,594</span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td></tr> <tr style="font-family: Times New Roman, Times, Serif; vertical-align: bottom; background-color: White"> <td style="font-family: Times New Roman, Times, Serif; padding-left: 10pt; text-align: left; padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif">Total Past Due</span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td id="xdx_981_ecustom--MortgageLoansDuringPeriod_pp0p0_c20210101__20211231__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--TotalPastDueMember_zQci4c5sKbBj" style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans during period"><span style="font-family: Times New Roman, Times, Serif">1,823,576</span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td id="xdx_987_ecustom--MortgageLoansDuringPeriod_pp0p0_c20210101__20211231__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--TotalPastDueMember_zOsGHBCh7hib" style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans during period"><span style="font-family: Times New Roman, Times, Serif">6,247,297</span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td id="xdx_983_ecustom--MortgageLoansDuringPeriod_pp0p0_c20210101__20211231__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--TotalPastDueMember_zxygW9Vj0Yn2" style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans during period"><span style="font-family: Times New Roman, Times, Serif">1,363,127</span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td id="xdx_98C_ecustom--MortgageLoansDuringPeriod_pp0p0_c20210101__20211231__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--TotalPastDueMember_zaSDzUPP3je5" style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans during period"><span style="font-family: Times New Roman, Times, Serif">9,434,000</span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td></tr> <tr style="font-family: Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font-family: Times New Roman, Times, Serif; padding-left: 10pt; padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif">Current</span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td id="xdx_983_ecustom--MortgageLoansDuringPeriod_pp0p0_c20210101__20211231__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--CurrentMember_zMsNcnJ9ruNi" style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans during period"><span style="font-family: Times New Roman, Times, Serif">49,859,446</span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td id="xdx_98C_ecustom--MortgageLoansDuringPeriod_pp0p0_c20210101__20211231__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--CurrentMember_zM92QeaZtDSd" style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans during period"><span style="font-family: Times New Roman, Times, Serif">47,286,415</span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td id="xdx_98A_ecustom--MortgageLoansDuringPeriod_pp0p0_c20210101__20211231__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--CurrentMember_zhq2vBUrfGze" style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans during period"><span style="font-family: Times New Roman, Times, Serif">173,754,656</span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td id="xdx_988_ecustom--MortgageLoansDuringPeriod_pp0p0_c20210101__20211231__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--CurrentMember_z9h37tz4qqM" style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans during period"><span style="font-family: Times New Roman, Times, Serif">270,900,517</span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td></tr> <tr style="font-family: Times New Roman, Times, Serif; vertical-align: bottom; background-color: White"> <td style="font-family: Times New Roman, Times, Serif; padding-left: 10pt; text-align: left; padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif">Total Mortgage Loans</span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td id="xdx_984_ecustom--MortgageLoansDuringPeriod_pp0p0_c20210101__20211231__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember_zs0m7dXskNJi" style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans during period"><span style="font-family: Times New Roman, Times, Serif">51,683,022</span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td id="xdx_984_ecustom--MortgageLoansDuringPeriod_pp0p0_c20210101__20211231__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember_zigVPSP3HRfe" style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans during period"><span style="font-family: Times New Roman, Times, Serif">53,533,712</span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td id="xdx_981_ecustom--MortgageLoansDuringPeriod_pp0p0_c20210101__20211231__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember_zOj1lh1Fsird" style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans during period"><span style="font-family: Times New Roman, Times, Serif">175,117,783</span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td id="xdx_98A_ecustom--MortgageLoansDuringPeriod_pp0p0_c20210101__20211231_zLJ43QILT0o1" style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans during period"><span style="font-family: Times New Roman, Times, Serif">280,334,517</span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td></tr> <tr style="font-family: Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font-family: Times New Roman, Times, Serif; padding-left: 10pt; text-align: left"><span style="font-family: Times New Roman, Times, Serif">Allowance for Loan Losses</span></td><td style="font-family: Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td id="xdx_987_ecustom--MortgageLoansAllowanceForLoanLosses_pp0p0_c20210101__20211231__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember_zl5OR7vdjEPg" style="font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans, Allowance for Loan Losses"><span style="font-family: Times New Roman, Times, Serif">(187,129</span></td><td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif">)</span></td><td style="font-family: Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td id="xdx_980_ecustom--MortgageLoansAllowanceForLoanLosses_pp0p0_c20210101__20211231__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember_zs8F3XUwYkaj" style="font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans, Allowance for Loan Losses"><span style="font-family: Times New Roman, Times, Serif">(1,469,571</span></td><td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif">)</span></td><td style="font-family: Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td id="xdx_98F_ecustom--MortgageLoansAllowanceForLoanLosses_pp0p0_c20210101__20211231__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember_zUiv3E2Q44r8" style="font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans, Allowance for Loan Losses"><span style="font-family: Times New Roman, Times, Serif">(43,202</span></td><td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif">)</span></td><td style="font-family: Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td id="xdx_98A_ecustom--MortgageLoansAllowanceForLoanLosses_pp0p0_c20210101__20211231_zsxSHcE5Ccl5" style="font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans, Allowance for Loan Losses"><span style="font-family: Times New Roman, Times, Serif">(1,699,902</span></td><td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif">)</span></td></tr> <tr style="font-family: Times New Roman, Times, Serif; vertical-align: bottom; background-color: White"> <td style="font-family: Times New Roman, Times, Serif; padding-left: 10pt; text-align: left"><span style="font-family: Times New Roman, Times, Serif">Unamortized deferred loan fees, net</span></td><td style="font-family: Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td id="xdx_989_ecustom--MortgageLoansUnamortizedDeferredLoanFeesNet_pp0p0_c20210101__20211231__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember_zlxeCRrOnMM" style="font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans, Unamortized deferred loan fees, net"><span style="font-family: Times New Roman, Times, Serif">(36,813</span></td><td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif">)</span></td><td style="font-family: Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td id="xdx_98D_ecustom--MortgageLoansUnamortizedDeferredLoanFeesNet_pp0p0_c20210101__20211231__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember_z5m6mZuE2VKh" style="font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans, Unamortized deferred loan fees, net"><span style="font-family: Times New Roman, Times, Serif">(498,600</span></td><td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif">)</span></td><td style="font-family: Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td id="xdx_98D_ecustom--MortgageLoansUnamortizedDeferredLoanFeesNet_pp0p0_c20210101__20211231__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember_zCAQhP09Y958" style="font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans, Unamortized deferred loan fees, net"><span style="font-family: Times New Roman, Times, Serif">(383,173</span></td><td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif">)</span></td><td style="font-family: Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td id="xdx_981_ecustom--MortgageLoansUnamortizedDeferredLoanFeesNet_pp0p0_c20210101__20211231_zNoibGhwXo26" style="font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans, Unamortized deferred loan fees, net"><span style="font-family: Times New Roman, Times, Serif">(918,586</span></td><td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif">)</span></td></tr> <tr style="font-family: Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font-family: Times New Roman, Times, Serif; padding-left: 10pt; text-align: left; padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif">Unamortized discounts, net</span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td id="xdx_986_ecustom--MortgageLoansUnamortizedDiscountsNet_pp0p0_c20210101__20211231__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember_zMVUjvW9ZI5h" style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans, Unamortized discounts, net"><span style="font-family: Times New Roman, Times, Serif">(240,614</span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left"><span style="font-family: Times New Roman, Times, Serif">)</span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td id="xdx_98C_ecustom--MortgageLoansUnamortizedDiscountsNet_pp0p0_c20210101__20211231__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember_z92RJnrIAudl" style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans, Unamortized discounts, net"><span style="font-family: Times New Roman, Times, Serif">(169,369</span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left"><span style="font-family: Times New Roman, Times, Serif">)</span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td id="xdx_984_ecustom--MortgageLoansUnamortizedDiscountsNet_pp0p0_c20210101__20211231__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember_zWRuZFTMA48e" style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans, Unamortized discounts, net"><span style="font-family: Times New Roman, Times, Serif"><span style="-sec-ix-hidden: xdx2ixbrl1740">-</span></span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td id="xdx_98F_ecustom--MortgageLoansUnamortizedDiscountsNet_pp0p0_c20210101__20211231_zX6ktrRiQbU8" style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans, Unamortized discounts, net"><span style="font-family: Times New Roman, Times, Serif">(409,983</span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left"><span style="font-family: Times New Roman, Times, Serif">)</span></td></tr> <tr style="font-family: Times New Roman, Times, Serif; vertical-align: bottom; background-color: White"> <td style="font-family: Times New Roman, Times, Serif; padding-left: 10pt; text-align: left; padding-bottom: 2.5pt"><span style="font-family: Times New Roman, Times, Serif">Net Mortgage Loans</span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 2.5pt"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="border-bottom: Black 2.5pt double; font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif">$</span></td><td id="xdx_987_ecustom--MortgageLoansDuringPeriod_pp0p0_c20210101__20211231__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--NetMortgageLoansMember_zIvh5rHJOcW9" style="border-bottom: Black 2.5pt double; font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans during period"><span style="font-family: Times New Roman, Times, Serif">51,218,466</span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 2.5pt; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 2.5pt"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="border-bottom: Black 2.5pt double; font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif">$</span></td><td id="xdx_98D_ecustom--MortgageLoansDuringPeriod_pp0p0_c20210101__20211231__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--NetMortgageLoansMember_zefZKyOCtukf" style="border-bottom: Black 2.5pt double; font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans during period"><span style="font-family: Times New Roman, Times, Serif">51,396,172</span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 2.5pt; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 2.5pt"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="border-bottom: Black 2.5pt double; font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif">$</span></td><td id="xdx_985_ecustom--MortgageLoansDuringPeriod_pp0p0_c20210101__20211231__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--NetMortgageLoansMember_zCqSDIPiEYAl" style="border-bottom: Black 2.5pt double; font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans during period"><span style="font-family: Times New Roman, Times, Serif">174,691,408</span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 2.5pt; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 2.5pt"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="border-bottom: Black 2.5pt double; font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif">$</span></td><td id="xdx_986_ecustom--MortgageLoansDuringPeriod_pp0p0_c20210101__20211231__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--NetMortgageLoansMember_z2v0f8ELiIi1" style="border-bottom: Black 2.5pt double; font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans during period"><span style="font-family: Times New Roman, Times, Serif">277,306,046</span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 2.5pt; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td></tr> <tr style="font-family: Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font-family: Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif; text-align: right"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif; text-align: right"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif; text-align: right"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif; text-align: right"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td></tr> <tr style="font-family: Times New Roman, Times, Serif; vertical-align: bottom; background-color: White"> <td style="text-decoration: underline; font-family: Times New Roman, Times, Serif; font-weight: bold"><span style="font-family: Times New Roman, Times, Serif">December 31, 2020</span></td><td style="font-family: Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif; text-align: right"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif; text-align: right"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif; text-align: right"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif; text-align: right"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td></tr> <tr style="font-family: Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font-family: Times New Roman, Times, Serif; padding-left: 10pt; text-align: left"><span style="font-family: Times New Roman, Times, Serif">30-59 Days Past Due</span></td><td style="font-family: Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif">$</span></td><td id="xdx_989_ecustom--MortgageLoansDuringPeriod_c20200101__20201231__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--PastDue30To59DaysMember_pp0p0" style="font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans during period"><span style="font-family: Times New Roman, Times, Serif">233,200</span></td><td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif">$</span></td><td id="xdx_980_ecustom--MortgageLoansDuringPeriod_c20200101__20201231__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--PastDue30To59DaysMember_pp0p0" style="font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans during period"><span style="font-family: Times New Roman, Times, Serif">5,866,505</span></td><td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif">$</span></td><td id="xdx_983_ecustom--MortgageLoansDuringPeriod_c20200101__20201231__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--PastDue30To59DaysMember_pp0p0" style="font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans during period"><span style="font-family: Times New Roman, Times, Serif">127,191</span></td><td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif">$</span></td><td id="xdx_984_ecustom--MortgageLoansDuringPeriod_c20200101__20201231__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--PastDue30To59DaysMember_pp0p0" style="font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans during period"><span style="font-family: Times New Roman, Times, Serif">6,226,896</span></td><td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td></tr> <tr style="font-family: Times New Roman, Times, Serif; vertical-align: bottom; background-color: White"> <td style="font-family: Times New Roman, Times, Serif; padding-left: 10pt; text-align: left"><span style="font-family: Times New Roman, Times, Serif">60-89 Days Past Due</span></td><td style="font-family: Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td id="xdx_983_ecustom--MortgageLoansDuringPeriod_c20200101__20201231__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--PastDue60To89DaysMember_pp0p0" style="font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans during period"><span style="font-family: Times New Roman, Times, Serif">812,780</span></td><td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td id="xdx_98A_ecustom--MortgageLoansDuringPeriod_c20200101__20201231__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--PastDue60To89DaysMember_pp0p0" style="font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans during period"><span style="font-family: Times New Roman, Times, Serif">2,048,148</span></td><td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td id="xdx_985_ecustom--MortgageLoansDuringPeriod_c20200101__20201231__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--PastDue60To89DaysMember_pp0p0" style="font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans during period"><span style="font-family: Times New Roman, Times, Serif"><span style="-sec-ix-hidden: xdx2ixbrl1764">-</span></span></td><td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td id="xdx_98E_ecustom--MortgageLoansDuringPeriod_c20200101__20201231__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--PastDue60To89DaysMember_pp0p0" style="font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans during period"><span style="font-family: Times New Roman, Times, Serif">2,860,928</span></td><td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td></tr> <tr style="font-family: Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font-family: Times New Roman, Times, Serif; padding-left: 10pt; text-align: left"><span id="xdx_F4D_zOb9tzvDfqd1" style="font-family: Times New Roman, Times, Serif">Greater Than 90 Days (1)</span></td><td style="font-family: Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td id="xdx_98F_ecustom--MortgageLoansDuringPeriod_pp0p0_c20200101__20201231__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--PastDue90OrMoreDaysMember_fKDEp_zC9zevLjKSte" style="font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans during period"><span style="font-family: Times New Roman, Times, Serif">2,148,827</span></td><td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td id="xdx_983_ecustom--MortgageLoansDuringPeriod_pp0p0_c20200101__20201231__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--PastDue90OrMoreDaysMember_fKDEp_zJyr20ud6ail" style="font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans during period"><span style="font-family: Times New Roman, Times, Serif">5,669,583</span></td><td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td id="xdx_98C_ecustom--MortgageLoansDuringPeriod_pp0p0_c20200101__20201231__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--PastDue90OrMoreDaysMember_fKDEp_zu0w6dOgYdT9" style="font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans during period"><span style="font-family: Times New Roman, Times, Serif"><span style="-sec-ix-hidden: xdx2ixbrl1772">-</span></span></td><td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td id="xdx_989_ecustom--MortgageLoansDuringPeriod_pp0p0_c20200101__20201231__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--PastDue90OrMoreDaysMember_fKDEp_znV3BrfgFyv6" style="font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans during period"><span style="font-family: Times New Roman, Times, Serif">7,818,410</span></td><td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td></tr> <tr style="font-family: Times New Roman, Times, Serif; vertical-align: bottom; background-color: White"> <td style="font-family: Times New Roman, Times, Serif; padding-left: 10pt; text-align: left; padding-bottom: 1pt"><span id="xdx_F47_z5j7SppsVD22" style="font-family: Times New Roman, Times, Serif">In Process of Foreclosure (1)</span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td id="xdx_98D_ecustom--MortgageLoansDuringPeriod_pp0p0_c20200101__20201231__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--InForeclosureMember_fKDEp_zzfVsvouRQDa" style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans during period"><span style="font-family: Times New Roman, Times, Serif"><span style="-sec-ix-hidden: xdx2ixbrl1776">-</span></span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td id="xdx_980_ecustom--MortgageLoansDuringPeriod_pp0p0_c20200101__20201231__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--InForeclosureMember_fKDEp_zwfkMaM1esFe" style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans during period"><span style="font-family: Times New Roman, Times, Serif">2,263,097</span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td id="xdx_984_ecustom--MortgageLoansDuringPeriod_pp0p0_c20200101__20201231__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--InForeclosureMember_fKDEp_zjz8nHkO4XJ8" style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans during period"><span style="font-family: Times New Roman, Times, Serif">200,963</span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td id="xdx_98F_ecustom--MortgageLoansDuringPeriod_pp0p0_c20200101__20201231__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--InForeclosureMember_fKDEp_zdB3OmmNjwS2" style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans during period"><span style="font-family: Times New Roman, Times, Serif">2,464,060</span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td></tr> <tr style="font-family: Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font-family: Times New Roman, Times, Serif; padding-left: 10pt; text-align: left; padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif">Total Past Due</span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td id="xdx_984_ecustom--MortgageLoansDuringPeriod_c20200101__20201231__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--TotalPastDueMember_pp0p0" style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans during period"><span style="font-family: Times New Roman, Times, Serif">3,194,807</span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td id="xdx_98D_ecustom--MortgageLoansDuringPeriod_c20200101__20201231__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--TotalPastDueMember_pp0p0" style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans during period"><span style="font-family: Times New Roman, Times, Serif">15,847,333</span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td id="xdx_981_ecustom--MortgageLoansDuringPeriod_c20200101__20201231__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--TotalPastDueMember_pp0p0" style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans during period"><span style="font-family: Times New Roman, Times, Serif">328,154</span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td id="xdx_980_ecustom--MortgageLoansDuringPeriod_c20200101__20201231__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--TotalPastDueMember_pp0p0" style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans during period"><span style="font-family: Times New Roman, Times, Serif">19,370,294</span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td></tr> <tr style="font-family: Times New Roman, Times, Serif; vertical-align: bottom; background-color: White"> <td style="font-family: Times New Roman, Times, Serif; padding-left: 10pt; padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif">Current</span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td id="xdx_984_ecustom--MortgageLoansDuringPeriod_c20200101__20201231__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--CurrentMember_pp0p0" style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans during period"><span style="font-family: Times New Roman, Times, Serif">43,642,059</span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td id="xdx_984_ecustom--MortgageLoansDuringPeriod_c20200101__20201231__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--CurrentMember_pp0p0" style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans during period"><span style="font-family: Times New Roman, Times, Serif">79,975,115</span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td id="xdx_984_ecustom--MortgageLoansDuringPeriod_c20200101__20201231__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--CurrentMember_pp0p0" style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans during period"><span style="font-family: Times New Roman, Times, Serif">110,783,623</span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td id="xdx_98B_ecustom--MortgageLoansDuringPeriod_c20200101__20201231__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--CurrentMember_pp0p0" style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans during period"><span style="font-family: Times New Roman, Times, Serif">234,400,797</span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td></tr> <tr style="font-family: Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font-family: Times New Roman, Times, Serif; padding-left: 10pt; text-align: left; padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif">Total Mortgage Loans</span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td id="xdx_981_ecustom--MortgageLoansDuringPeriod_c20200101__20201231__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember_pp0p0" style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans during period"><span style="font-family: Times New Roman, Times, Serif">46,836,866</span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td id="xdx_984_ecustom--MortgageLoansDuringPeriod_c20200101__20201231__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember_pp0p0" style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans during period"><span style="font-family: Times New Roman, Times, Serif">95,822,448</span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td id="xdx_984_ecustom--MortgageLoansDuringPeriod_c20200101__20201231__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember_pp0p0" style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans during period"><span style="font-family: Times New Roman, Times, Serif">111,111,777</span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td id="xdx_982_ecustom--MortgageLoansDuringPeriod_c20200101__20201231_pp0p0" style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans during period"><span style="font-family: Times New Roman, Times, Serif">253,771,091</span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td></tr> <tr style="font-family: Times New Roman, Times, Serif; vertical-align: bottom; background-color: White"> <td style="font-family: Times New Roman, Times, Serif; padding-left: 10pt; text-align: left"><span style="font-family: Times New Roman, Times, Serif">Allowance for Loan Losses</span></td><td style="font-family: Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td id="xdx_981_ecustom--MortgageLoansAllowanceForLoanLosses_c20200101__20201231__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember_pp0p0" style="font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans, Allowance for Loan Losses"><span style="font-family: Times New Roman, Times, Serif">(187,129</span></td><td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif">)</span></td><td style="font-family: Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td id="xdx_985_ecustom--MortgageLoansAllowanceForLoanLosses_c20200101__20201231__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember_pp0p0" style="font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans, Allowance for Loan Losses"><span style="font-family: Times New Roman, Times, Serif">(1,774,796</span></td><td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif">)</span></td><td style="font-family: Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td id="xdx_98C_ecustom--MortgageLoansAllowanceForLoanLosses_c20200101__20201231__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember_pp0p0" style="font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans, Allowance for Loan Losses"><span style="font-family: Times New Roman, Times, Serif">(43,202</span></td><td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif">)</span></td><td style="font-family: Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td id="xdx_98B_ecustom--MortgageLoansAllowanceForLoanLosses_c20200101__20201231_pp0p0" style="font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans, Allowance for Loan Losses"><span style="font-family: Times New Roman, Times, Serif">(2,005,127</span></td><td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif">)</span></td></tr> <tr style="font-family: Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font-family: Times New Roman, Times, Serif; padding-left: 10pt; text-align: left"><span style="font-family: Times New Roman, Times, Serif">Unamortized deferred loan fees, net</span></td><td style="font-family: Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td id="xdx_98A_ecustom--MortgageLoansUnamortizedDeferredLoanFeesNet_c20200101__20201231__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember_pp0p0" style="font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans, Unamortized deferred loan fees, net"><span style="font-family: Times New Roman, Times, Serif">(32,557</span></td><td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif">)</span></td><td style="font-family: Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td id="xdx_982_ecustom--MortgageLoansUnamortizedDeferredLoanFeesNet_c20200101__20201231__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember_pp0p0" style="font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans, Unamortized deferred loan fees, net"><span style="font-family: Times New Roman, Times, Serif">(909,864</span></td><td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif">)</span></td><td style="font-family: Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td id="xdx_98A_ecustom--MortgageLoansUnamortizedDeferredLoanFeesNet_c20200101__20201231__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember_pp0p0" style="font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans, Unamortized deferred loan fees, net"><span style="font-family: Times New Roman, Times, Serif">(218,711</span></td><td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif">)</span></td><td style="font-family: Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td id="xdx_98B_ecustom--MortgageLoansUnamortizedDeferredLoanFeesNet_c20200101__20201231_pp0p0" style="font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans, Unamortized deferred loan fees, net"><span style="font-family: Times New Roman, Times, Serif">(1,161,132</span></td><td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif">)</span></td></tr> <tr style="font-family: Times New Roman, Times, Serif; vertical-align: bottom; background-color: White"> <td style="font-family: Times New Roman, Times, Serif; padding-left: 10pt; text-align: left; padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif">Unamortized discounts, net</span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td id="xdx_981_ecustom--MortgageLoansUnamortizedDiscountsNet_c20200101__20201231__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember_pp0p0" style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans, Unamortized discounts, net"><span style="font-family: Times New Roman, Times, Serif">(880,721</span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left"><span style="font-family: Times New Roman, Times, Serif">)</span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td id="xdx_989_ecustom--MortgageLoansUnamortizedDiscountsNet_c20200101__20201231__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember_pp0p0" style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans, Unamortized discounts, net"><span style="font-family: Times New Roman, Times, Serif">(380,175</span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left"><span style="font-family: Times New Roman, Times, Serif">)</span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td id="xdx_989_ecustom--MortgageLoansUnamortizedDiscountsNet_c20200101__20201231__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember_pp0p0" style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans, Unamortized discounts, net"><span style="font-family: Times New Roman, Times, Serif"><span style="-sec-ix-hidden: xdx2ixbrl1828">-</span></span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td id="xdx_983_ecustom--MortgageLoansUnamortizedDiscountsNet_c20200101__20201231_pp0p0" style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans, Unamortized discounts, net"><span style="font-family: Times New Roman, Times, Serif">(1,260,896</span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left"><span style="font-family: Times New Roman, Times, Serif">)</span></td></tr> <tr style="font-family: Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font-family: Times New Roman, Times, Serif; padding-left: 10pt; text-align: left; padding-bottom: 2.5pt"><span style="font-family: Times New Roman, Times, Serif">Net Mortgage Loans</span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 2.5pt"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="border-bottom: Black 2.5pt double; font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif">$</span></td><td id="xdx_980_ecustom--MortgageLoansDuringPeriod_c20200101__20201231__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--NetMortgageLoansMember_pp0p0" style="border-bottom: Black 2.5pt double; font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans during period"><span style="font-family: Times New Roman, Times, Serif">45,736,459</span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 2.5pt; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 2.5pt"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="border-bottom: Black 2.5pt double; font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif">$</span></td><td id="xdx_989_ecustom--MortgageLoansDuringPeriod_c20200101__20201231__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--NetMortgageLoansMember_pp0p0" style="border-bottom: Black 2.5pt double; font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans during period"><span style="font-family: Times New Roman, Times, Serif">92,757,613</span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 2.5pt; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 2.5pt"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="border-bottom: Black 2.5pt double; font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif">$</span></td><td id="xdx_989_ecustom--MortgageLoansDuringPeriod_c20200101__20201231__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--NetMortgageLoansMember_pp0p0" style="border-bottom: Black 2.5pt double; font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans during period"><span style="font-family: Times New Roman, Times, Serif">110,849,864</span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 2.5pt; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 2.5pt"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="border-bottom: Black 2.5pt double; font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif">$</span></td><td id="xdx_98F_ecustom--MortgageLoansDuringPeriod_c20200101__20201231__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--NetMortgageLoansMember_pp0p0" style="border-bottom: Black 2.5pt double; font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans during period"><span style="font-family: Times New Roman, Times, Serif">249,343,936</span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 2.5pt; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0pt; margin-bottom: 0pt"/> <div style="width: 15%"><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"><span id="xdx_F0E_zyVKgLEdJwp5" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(1)</span></td><td style="width: 5pt"/><td style="text-align: justify"><span id="xdx_F1B_zpqoaZN3eRm9" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Interest income is not recognized on loans past due greater than 90 days or in foreclosure.</span></td> </tr></table> <p id="xdx_8A5_zWCFPCiv7Ex3" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 27pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">SECURITY NATIONAL FINANCIAL CORPORATION</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">AND SUBSIDIARIES</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Notes to Consolidated Financial Statements</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Years Ended December 31, 2021 and 2020</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">2) <span style="text-decoration: underline">Investments</span> (Continued)</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="text-decoration: underline">Impaired Mortgage Loans Held for Investment</span></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Impaired mortgage loans held for investment include loans with a related specific valuation allowance or loans whose carrying amount has been reduced to the expected collectible amount because the impairment has been considered other than temporary. The recorded investment in and unpaid principal balance of impaired loans along with the related loan specific allowance for losses, if any, for each reporting period and the average recorded investment and interest income recognized during the time the loans were impaired are summarized as follows:</span></p> <p id="xdx_894_ecustom--ScheduleOfImpairedMortgageLoansTextBlock_zxecLGN9V601" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span id="xdx_8BE_zI4qTwZV7fo2" style="display: none">Schedule of Impaired Mortgage Loans</span><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 95%"> <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">Recorded Investment</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">Unpaid Principal Balance</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">Related Allowance</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 Recorded Investment</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">Interest Income Recognized</td><td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-decoration: underline; font-weight: bold">December 31, 2021</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="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">With no related allowance recorded:</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="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%">Commercial</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_98B_eus-gaap--ImpairedFinancingReceivableWithNoRelatedAllowanceRecordedInvestment_iI_pp0p0_c20211231__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember_zwC1VkO5eQj5" style="width: 9%; text-align: right" title="Impaired Financing Receivable, with No Related Allowance, Recorded Investment">1,723,372</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_989_eus-gaap--ImpairedFinancingReceivableWithNoRelatedAllowanceUnpaidPrincipalBalance_iI_pp0p0_c20211231__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember_zt7Pti2ch43h" style="width: 9%; text-align: right" title="Impaired Financing Receivable, with No Related Allowance, Unpaid Principal Balance">1,723,372</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_989_ecustom--ImpairedFinancingReceivableWithNoRelatedAllowance_iI_pp0p0_c20211231__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember_zoC5dnz4KHI9" style="width: 9%; text-align: right" title="Impaired Financing Receivable, with No Related Allowance"><span style="-sec-ix-hidden: xdx2ixbrl1847">-</span></td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_989_eus-gaap--ImpairedFinancingReceivableWithNoRelatedAllowanceAverageRecordedInvestment_pp0p0_c20210101__20211231__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember_zF6fTeXi0HZb" style="width: 9%; text-align: right" title="Impaired Financing Receivable, with No Related Allowance, Average Recorded Investment">1,053,865</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_985_eus-gaap--ImpairedFinancingReceivableWithNoRelatedAllowanceInterestIncomeAccrualMethod_pp0p0_c20210101__20211231__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember_zOyQyERzxQUa" style="width: 9%; text-align: right" title="Impaired Financing Receivable, with No Interest Income Recognized"><span style="-sec-ix-hidden: xdx2ixbrl1851">-</span></td><td style="width: 1%; 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_98F_eus-gaap--ImpairedFinancingReceivableWithNoRelatedAllowanceRecordedInvestment_iI_pp0p0_c20211231__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember_zioX8p7sBn72" style="text-align: right" title="Impaired Financing Receivable, with No Related Allowance, Recorded Investment">1,591,368</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98A_eus-gaap--ImpairedFinancingReceivableWithNoRelatedAllowanceUnpaidPrincipalBalance_iI_pp0p0_c20211231__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember_zPuiw3SBozL4" style="text-align: right" title="Impaired Financing Receivable, with No Related Allowance, Unpaid Principal Balance">1,591,368</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_989_ecustom--ImpairedFinancingReceivableWithNoRelatedAllowance_iI_pp0p0_c20211231__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember_zrsJ5ZZ2mKDi" style="text-align: right" title="Impaired Financing Receivable, with No Related Allowance"><span style="-sec-ix-hidden: xdx2ixbrl1857">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_982_eus-gaap--ImpairedFinancingReceivableWithNoRelatedAllowanceAverageRecordedInvestment_pp0p0_c20210101__20211231__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember_zpDDBmWgXkFj" style="text-align: right" title="Impaired Financing Receivable, with No Related Allowance, Average Recorded Investment">2,731,421</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_982_eus-gaap--ImpairedFinancingReceivableWithNoRelatedAllowanceInterestIncomeAccrualMethod_pp0p0_c20210101__20211231__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember_zdwabVvqnij9" style="text-align: right" title="Impaired Financing Receivable, with No Interest Income Recognized"><span style="-sec-ix-hidden: xdx2ixbrl1861">-</span></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_985_eus-gaap--ImpairedFinancingReceivableWithNoRelatedAllowanceRecordedInvestment_iI_pp0p0_c20211231__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember_zaOfZBzig2C4" style="text-align: right" title="Impaired Financing Receivable, with No Related Allowance, Recorded Investment"><span style="-sec-ix-hidden: xdx2ixbrl1863">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_981_eus-gaap--ImpairedFinancingReceivableWithNoRelatedAllowanceUnpaidPrincipalBalance_iI_pp0p0_c20211231__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember_zeD6YcBJz8V7" style="text-align: right" title="Impaired Financing Receivable, with No Related Allowance, Unpaid Principal Balance"><span style="-sec-ix-hidden: xdx2ixbrl1865">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_985_ecustom--ImpairedFinancingReceivableWithNoRelatedAllowance_iI_pp0p0_c20211231__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember_znjOrA1Mhum5" style="text-align: right" title="Impaired Financing Receivable, with No Related Allowance"><span style="-sec-ix-hidden: xdx2ixbrl1867">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_989_eus-gaap--ImpairedFinancingReceivableWithNoRelatedAllowanceAverageRecordedInvestment_pp0p0_c20210101__20211231__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember_zZjRHEYUiQu6" style="text-align: right" title="Impaired Financing Receivable, with No Related Allowance, Average Recorded Investment">100,481</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_983_eus-gaap--ImpairedFinancingReceivableWithNoRelatedAllowanceInterestIncomeAccrualMethod_pp0p0_c20210101__20211231__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember_zFw25nS1wO57" style="text-align: right" title="Impaired Financing Receivable, with No Interest Income Recognized"><span style="-sec-ix-hidden: xdx2ixbrl1871">-</span></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">With an allowance recorded:</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="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">$</td><td id="xdx_987_eus-gaap--ImpairedFinancingReceivableWithRelatedAllowanceRecordedInvestment_iI_pp0p0_c20211231__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember_zRcRksBpJyUd" style="text-align: right" title="Impaired Financing Receivable, with Related Allowance, Recorded Investment"><span style="-sec-ix-hidden: xdx2ixbrl1873">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td id="xdx_98B_eus-gaap--ImpairedFinancingReceivableWithRelatedAllowanceUnpaidPrincipalBalance_iI_pp0p0_c20211231__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember_zFyLorWivLF5" style="text-align: right" title="Impaired Financing Receivable, with Related Allowance, Unpaid Principal Balance"><span style="-sec-ix-hidden: xdx2ixbrl1875">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td id="xdx_980_eus-gaap--ImpairedFinancingReceivableRelatedAllowance_iI_pp0p0_c20211231__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember_z0Y8mcmMjkth" style="text-align: right" title="Impaired Financing Receivable, Related Allowance"><span style="-sec-ix-hidden: xdx2ixbrl1877">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td id="xdx_980_eus-gaap--ImpairedFinancingReceivableWithRelatedAllowanceAverageRecordedInvestment_pp0p0_c20210101__20211231__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember_zyVaOkcQ6dp5" style="text-align: right" title="Impaired Financing Receivable, with Related Allowance, Average Recorded Investment"><span style="-sec-ix-hidden: xdx2ixbrl1879">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td id="xdx_984_eus-gaap--ImpairedFinancingReceivableWithRelatedAllowanceInterestIncomeAccrualMethod_pp0p0_c20210101__20211231__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember_z5X9iaY307R9" style="text-align: right" title="Impaired Financing Receivable, with Interest Income Recognized"><span style="-sec-ix-hidden: xdx2ixbrl1881">-</span></td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 10pt">Residential</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98B_eus-gaap--ImpairedFinancingReceivableWithRelatedAllowanceRecordedInvestment_iI_pp0p0_c20211231__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember_zrijZbfcvQ4d" style="text-align: right" title="Impaired Financing Receivable, with Related Allowance, Recorded Investment">957,288</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98C_eus-gaap--ImpairedFinancingReceivableWithRelatedAllowanceUnpaidPrincipalBalance_iI_pp0p0_c20211231__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember_ztYLC2i3aIU8" style="text-align: right" title="Impaired Financing Receivable, with Related Allowance, Unpaid Principal Balance">957,288</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_983_eus-gaap--ImpairedFinancingReceivableRelatedAllowance_iI_pp0p0_c20211231__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember_zY1i6oyT9JW6" style="text-align: right" title="Impaired Financing Receivable, Related Allowance">105,384</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_986_eus-gaap--ImpairedFinancingReceivableWithRelatedAllowanceAverageRecordedInvestment_pp0p0_c20210101__20211231__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember_zvns6Rq6fnJa" style="text-align: right" title="Impaired Financing Receivable, with Related Allowance, Average Recorded Investment">726,449</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_984_eus-gaap--ImpairedFinancingReceivableWithRelatedAllowanceInterestIncomeAccrualMethod_pp0p0_c20210101__20211231__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember_zBC8SQ0Qk951" style="text-align: right" title="Impaired Financing Receivable, with Interest Income Recognized"><span style="-sec-ix-hidden: xdx2ixbrl1891">-</span></td><td style="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_989_eus-gaap--ImpairedFinancingReceivableWithRelatedAllowanceRecordedInvestment_iI_pp0p0_c20211231__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember_zrUgVZim1emk" style="text-align: right" title="Impaired Financing Receivable, with Related Allowance, Recorded Investment"><span style="-sec-ix-hidden: xdx2ixbrl1893">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_987_eus-gaap--ImpairedFinancingReceivableWithRelatedAllowanceUnpaidPrincipalBalance_iI_pp0p0_c20211231__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember_zA8aNVHg8dHk" style="text-align: right" title="Impaired Financing Receivable, with Related Allowance, Unpaid Principal Balance"><span style="-sec-ix-hidden: xdx2ixbrl1895">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_984_eus-gaap--ImpairedFinancingReceivableRelatedAllowance_iI_pp0p0_c20211231__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember_zPazs94Kgzb9" style="text-align: right" title="Impaired Financing Receivable, Related Allowance"><span style="-sec-ix-hidden: xdx2ixbrl1897">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_986_eus-gaap--ImpairedFinancingReceivableWithRelatedAllowanceAverageRecordedInvestment_pp0p0_c20210101__20211231__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember_zA3xVRqlduBf" style="text-align: right" title="Impaired Financing Receivable, with Related Allowance, Average Recorded Investment"><span style="-sec-ix-hidden: xdx2ixbrl1899">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98B_eus-gaap--ImpairedFinancingReceivableWithRelatedAllowanceInterestIncomeAccrualMethod_pp0p0_c20210101__20211231__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember_zhzUkuvoPyph" style="text-align: right" title="Impaired Financing Receivable, with Interest Income Recognized"><span style="-sec-ix-hidden: xdx2ixbrl1901">-</span></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 style="vertical-align: bottom; background-color: White"> <td>Total:</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="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">Commercial</td><td> </td> <td style="text-align: left">$</td><td id="xdx_981_eus-gaap--ImpairedFinancingReceivableWithRelatedAllowanceRecordedInvestment_iI_pp0p0_c20211231__us-gaap--ContractWithCustomerDurationAxis__custom--TotalMember__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember_zh5pQgsPTad8" style="text-align: right" title="Impaired Financing Receivable, with Related Allowance, Recorded Investment">1,723,372</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td id="xdx_980_eus-gaap--ImpairedFinancingReceivableWithRelatedAllowanceUnpaidPrincipalBalance_iI_pp0p0_c20211231__us-gaap--ContractWithCustomerDurationAxis__custom--TotalMember__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember_zdQeVw4on0Zj" style="text-align: right" title="Impaired Financing Receivable, with Related Allowance, Unpaid Principal Balance">1,723,372</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td id="xdx_98E_eus-gaap--ImpairedFinancingReceivableRelatedAllowance_iI_pp0p0_c20211231__us-gaap--ContractWithCustomerDurationAxis__custom--TotalMember__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember_z2jygiwYdY8d" style="text-align: right" title="Impaired Financing Receivable, Related Allowance"><span style="-sec-ix-hidden: xdx2ixbrl1907">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td id="xdx_983_eus-gaap--ImpairedFinancingReceivableWithRelatedAllowanceAverageRecordedInvestment_pp0p0_c20210101__20211231__us-gaap--ContractWithCustomerDurationAxis__custom--TotalMember__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember_zpsXvFfID6uc" style="text-align: right" title="Impaired Financing Receivable, with Related Allowance, Average Recorded Investment">1,053,865</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td id="xdx_98E_eus-gaap--ImpairedFinancingReceivableWithRelatedAllowanceInterestIncomeAccrualMethod_pp0p0_c20210101__20211231__us-gaap--ContractWithCustomerDurationAxis__custom--TotalMember__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember_zrEDyxj1fouc" style="text-align: right" title="Impaired Financing Receivable, with Interest Income Recognized"><span style="-sec-ix-hidden: xdx2ixbrl1911">-</span></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--ImpairedFinancingReceivableWithRelatedAllowanceRecordedInvestment_iI_pp0p0_c20211231__us-gaap--ContractWithCustomerDurationAxis__custom--TotalMember__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember_zS40Xc3aFYue" style="text-align: right" title="Impaired Financing Receivable, with Related Allowance, Recorded Investment">2,548,656</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98A_eus-gaap--ImpairedFinancingReceivableWithRelatedAllowanceUnpaidPrincipalBalance_iI_pp0p0_c20211231__us-gaap--ContractWithCustomerDurationAxis__custom--TotalMember__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember_zJKJC8s3iGFc" style="text-align: right" title="Impaired Financing Receivable, with Related Allowance, Unpaid Principal Balance">2,548,656</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98E_eus-gaap--ImpairedFinancingReceivableRelatedAllowance_iI_pp0p0_c20211231__us-gaap--ContractWithCustomerDurationAxis__custom--TotalMember__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember_zhXEKwIiJsVi" style="text-align: right" title="Impaired Financing Receivable, Related Allowance">105,384</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98E_eus-gaap--ImpairedFinancingReceivableWithRelatedAllowanceAverageRecordedInvestment_pp0p0_c20210101__20211231__us-gaap--ContractWithCustomerDurationAxis__custom--TotalMember__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember_zoTgnJCkMRuh" style="text-align: right" title="Impaired Financing Receivable, with Related Allowance, Average Recorded Investment">3,457,870</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_985_eus-gaap--ImpairedFinancingReceivableWithRelatedAllowanceInterestIncomeAccrualMethod_pp0p0_c20210101__20211231__us-gaap--ContractWithCustomerDurationAxis__custom--TotalMember__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember_zxkptXdzGkmd" style="text-align: right" title="Impaired Financing Receivable, with Interest Income Recognized"><span style="-sec-ix-hidden: xdx2ixbrl1921">-</span></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_987_eus-gaap--ImpairedFinancingReceivableWithRelatedAllowanceRecordedInvestment_iI_pp0p0_c20211231__us-gaap--ContractWithCustomerDurationAxis__custom--TotalMember__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember_zQLliy9hIJId" style="text-align: right" title="Impaired Financing Receivable, with Related Allowance, Recorded Investment"><span style="-sec-ix-hidden: xdx2ixbrl1923">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98C_eus-gaap--ImpairedFinancingReceivableWithRelatedAllowanceUnpaidPrincipalBalance_iI_pp0p0_c20211231__us-gaap--ContractWithCustomerDurationAxis__custom--TotalMember__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember_zKlahXgZmEMj" style="text-align: right" title="Impaired Financing Receivable, with Related Allowance, Unpaid Principal Balance"><span style="-sec-ix-hidden: xdx2ixbrl1925">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_989_eus-gaap--ImpairedFinancingReceivableRelatedAllowance_iI_pp0p0_c20211231__us-gaap--ContractWithCustomerDurationAxis__custom--TotalMember__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember_zGFskaSNav9h" style="text-align: right" title="Impaired Financing Receivable, Related Allowance"><span style="-sec-ix-hidden: xdx2ixbrl1927">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_981_eus-gaap--ImpairedFinancingReceivableWithRelatedAllowanceAverageRecordedInvestment_pp0p0_c20210101__20211231__us-gaap--ContractWithCustomerDurationAxis__custom--TotalMember__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember_zGWHXthc13Td" style="text-align: right" title="Impaired Financing Receivable, with Related Allowance, Average Recorded Investment">100,481</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98E_eus-gaap--ImpairedFinancingReceivableWithRelatedAllowanceInterestIncomeAccrualMethod_pp0p0_c20210101__20211231__us-gaap--ContractWithCustomerDurationAxis__custom--TotalMember__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember_zJfaZMbvTLc8" style="text-align: right" title="Impaired Financing Receivable, with Interest Income Recognized"><span style="-sec-ix-hidden: xdx2ixbrl1931">-</span></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">December 31, 2020</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="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">With no related allowance recorded:</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="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">Commercial</td><td> </td> <td style="text-align: left">$</td><td id="xdx_988_eus-gaap--ImpairedFinancingReceivableWithNoRelatedAllowanceRecordedInvestment_c20201231__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember_pp0p0" style="text-align: right" title="Impaired Financing Receivable, with No Related Allowance, Recorded Investment">2,148,827</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td id="xdx_98E_eus-gaap--ImpairedFinancingReceivableWithNoRelatedAllowanceUnpaidPrincipalBalance_c20201231__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember_pp0p0" style="text-align: right" title="Impaired Financing Receivable, with No Related Allowance, Unpaid Principal Balance">2,148,827</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td id="xdx_987_ecustom--ImpairedFinancingReceivableWithNoRelatedAllowance_c20201231__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember_pp0p0" style="text-align: right" title="Impaired Financing Receivable, with No Related Allowance"><span style="-sec-ix-hidden: xdx2ixbrl1937">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td id="xdx_981_eus-gaap--ImpairedFinancingReceivableWithNoRelatedAllowanceAverageRecordedInvestment_c20200101__20201231__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember_pp0p0" style="text-align: right" title="Impaired Financing Receivable, with No Related Allowance, Average Recorded Investment">1,866,819</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td id="xdx_983_eus-gaap--ImpairedFinancingReceivableWithNoRelatedAllowanceInterestIncomeAccrualMethod_c20200101__20201231__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember_pp0p0" style="text-align: right" title="Impaired Financing Receivable, with No Interest Income Recognized"><span style="-sec-ix-hidden: xdx2ixbrl1941">-</span></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--ImpairedFinancingReceivableWithNoRelatedAllowanceRecordedInvestment_c20201231__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember_pp0p0" style="text-align: right" title="Impaired Financing Receivable, with No Related Allowance, Recorded Investment">6,415,419</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_981_eus-gaap--ImpairedFinancingReceivableWithNoRelatedAllowanceUnpaidPrincipalBalance_c20201231__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember_pp0p0" style="text-align: right" title="Impaired Financing Receivable, with No Related Allowance, Unpaid Principal Balance">6,415,419</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_986_ecustom--ImpairedFinancingReceivableWithNoRelatedAllowance_c20201231__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember_pp0p0" style="text-align: right" title="Impaired Financing Receivable, with No Related Allowance"><span style="-sec-ix-hidden: xdx2ixbrl1947">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98D_eus-gaap--ImpairedFinancingReceivableWithNoRelatedAllowanceAverageRecordedInvestment_c20200101__20201231__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember_pp0p0" style="text-align: right" title="Impaired Financing Receivable, with No Related Allowance, Average Recorded Investment">5,010,078</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98C_eus-gaap--ImpairedFinancingReceivableWithNoRelatedAllowanceInterestIncomeAccrualMethod_c20200101__20201231__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember_pp0p0" style="text-align: right" title="Impaired Financing Receivable, with No Interest Income Recognized"><span style="-sec-ix-hidden: xdx2ixbrl1951">-</span></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_98B_eus-gaap--ImpairedFinancingReceivableWithNoRelatedAllowanceRecordedInvestment_c20201231__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember_pp0p0" style="text-align: right" title="Impaired Financing Receivable, with No Related Allowance, Recorded Investment">200,963</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_980_eus-gaap--ImpairedFinancingReceivableWithNoRelatedAllowanceUnpaidPrincipalBalance_c20201231__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember_pp0p0" style="text-align: right" title="Impaired Financing Receivable, with No Related Allowance, Unpaid Principal Balance">200,963</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_986_ecustom--ImpairedFinancingReceivableWithNoRelatedAllowance_c20201231__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember_pp0p0" style="text-align: right" title="Impaired Financing Receivable, with No Related Allowance"><span style="-sec-ix-hidden: xdx2ixbrl1957">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_989_eus-gaap--ImpairedFinancingReceivableWithNoRelatedAllowanceAverageRecordedInvestment_c20200101__20201231__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember_pp0p0" style="text-align: right" title="Impaired Financing Receivable, with No Related Allowance, Average Recorded Investment">555,278</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98E_eus-gaap--ImpairedFinancingReceivableWithNoRelatedAllowanceInterestIncomeAccrualMethod_c20200101__20201231__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember_pp0p0" style="text-align: right" title="Impaired Financing Receivable, with No Interest Income Recognized"><span style="-sec-ix-hidden: xdx2ixbrl1961">-</span></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">With an allowance recorded:</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="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_980_eus-gaap--ImpairedFinancingReceivableWithRelatedAllowanceRecordedInvestment_c20201231__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember_pp0p0" style="text-align: right" title="Impaired Financing Receivable, with Related Allowance, Recorded Investment"><span style="-sec-ix-hidden: xdx2ixbrl1963">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td id="xdx_98C_eus-gaap--ImpairedFinancingReceivableWithRelatedAllowanceUnpaidPrincipalBalance_c20201231__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember_pp0p0" style="text-align: right" title="Impaired Financing Receivable, with Related Allowance, Unpaid Principal Balance"><span style="-sec-ix-hidden: xdx2ixbrl1965">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td id="xdx_987_eus-gaap--ImpairedFinancingReceivableRelatedAllowance_c20201231__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember_pp0p0" style="text-align: right" title="Impaired Financing Receivable, Related Allowance"><span style="-sec-ix-hidden: xdx2ixbrl1967">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td id="xdx_989_eus-gaap--ImpairedFinancingReceivableWithRelatedAllowanceAverageRecordedInvestment_c20200101__20201231__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember_pp0p0" style="text-align: right" title="Impaired Financing Receivable, with Related Allowance, Average Recorded Investment"><span style="-sec-ix-hidden: xdx2ixbrl1969">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td id="xdx_988_eus-gaap--ImpairedFinancingReceivableWithRelatedAllowanceInterestIncomeAccrualMethod_c20200101__20201231__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember_pp0p0" style="text-align: right" title="Impaired Financing Receivable, with Interest Income Recognized"><span style="-sec-ix-hidden: xdx2ixbrl1971">-</span></td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 10pt">Residential</td><td> </td> <td style="text-align: left"> </td><td id="xdx_988_eus-gaap--ImpairedFinancingReceivableWithRelatedAllowanceRecordedInvestment_c20201231__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember_pp0p0" style="text-align: right" title="Impaired Financing Receivable, with Related Allowance, Recorded Investment">1,517,261</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98A_eus-gaap--ImpairedFinancingReceivableWithRelatedAllowanceUnpaidPrincipalBalance_c20201231__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember_pp0p0" style="text-align: right" title="Impaired Financing Receivable, with Related Allowance, Unpaid Principal Balance">1,517,261</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_983_eus-gaap--ImpairedFinancingReceivableRelatedAllowance_c20201231__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember_pp0p0" style="text-align: right" title="Impaired Financing Receivable, Related Allowance">219,905</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_985_eus-gaap--ImpairedFinancingReceivableWithRelatedAllowanceAverageRecordedInvestment_c20200101__20201231__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember_pp0p0" style="text-align: right" title="Impaired Financing Receivable, with Related Allowance, Average Recorded Investment">1,182,368</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_985_eus-gaap--ImpairedFinancingReceivableWithRelatedAllowanceInterestIncomeAccrualMethod_c20200101__20201231__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember_pp0p0" style="text-align: right" title="Impaired Financing Receivable, with Interest Income Recognized"><span style="-sec-ix-hidden: xdx2ixbrl1981">-</span></td><td style="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--ImpairedFinancingReceivableWithRelatedAllowanceRecordedInvestment_c20201231__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember_pp0p0" style="text-align: right" title="Impaired Financing Receivable, with Related Allowance, Recorded Investment"><span style="-sec-ix-hidden: xdx2ixbrl1983">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98E_eus-gaap--ImpairedFinancingReceivableWithRelatedAllowanceUnpaidPrincipalBalance_c20201231__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember_pp0p0" style="text-align: right" title="Impaired Financing Receivable, with Related Allowance, Unpaid Principal Balance"><span style="-sec-ix-hidden: xdx2ixbrl1985">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_983_eus-gaap--ImpairedFinancingReceivableRelatedAllowance_c20201231__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember_pp0p0" style="text-align: right" title="Impaired Financing Receivable, Related Allowance"><span style="-sec-ix-hidden: xdx2ixbrl1987">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_989_eus-gaap--ImpairedFinancingReceivableWithRelatedAllowanceAverageRecordedInvestment_c20200101__20201231__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember_pp0p0" style="text-align: right" title="Impaired Financing Receivable, with Related Allowance, Average Recorded Investment"><span style="-sec-ix-hidden: xdx2ixbrl1989">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_981_eus-gaap--ImpairedFinancingReceivableWithRelatedAllowanceInterestIncomeAccrualMethod_c20200101__20201231__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember_pp0p0" style="text-align: right" title="Impaired Financing Receivable, with Interest Income Recognized"><span style="-sec-ix-hidden: xdx2ixbrl1991">-</span></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 style="vertical-align: bottom; background-color: White"> <td>Total:</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="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">Commercial</td><td> </td> <td style="text-align: left">$</td><td id="xdx_983_eus-gaap--ImpairedFinancingReceivableWithRelatedAllowanceRecordedInvestment_c20201231__us-gaap--ContractWithCustomerDurationAxis__custom--TotalMember__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember_pp0p0" style="text-align: right" title="Impaired Financing Receivable, with Related Allowance, Recorded Investment">2,148,827</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td id="xdx_981_eus-gaap--ImpairedFinancingReceivableWithRelatedAllowanceUnpaidPrincipalBalance_c20201231__us-gaap--ContractWithCustomerDurationAxis__custom--TotalMember__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember_pp0p0" style="text-align: right" title="Impaired Financing Receivable, with Related Allowance, Unpaid Principal Balance">2,148,827</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td id="xdx_98B_eus-gaap--ImpairedFinancingReceivableRelatedAllowance_c20201231__us-gaap--ContractWithCustomerDurationAxis__custom--TotalMember__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember_pp0p0" style="text-align: right" title="Impaired Financing Receivable, Related Allowance"><span style="-sec-ix-hidden: xdx2ixbrl1997">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td id="xdx_98F_eus-gaap--ImpairedFinancingReceivableWithRelatedAllowanceAverageRecordedInvestment_c20200101__20201231__us-gaap--ContractWithCustomerDurationAxis__custom--TotalMember__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember_pp0p0" style="text-align: right" title="Impaired Financing Receivable, with Related Allowance, Average Recorded Investment">1,866,819</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td id="xdx_980_eus-gaap--ImpairedFinancingReceivableWithRelatedAllowanceInterestIncomeAccrualMethod_c20200101__20201231__us-gaap--ContractWithCustomerDurationAxis__custom--TotalMember__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember_pp0p0" style="text-align: right" title="Impaired Financing Receivable, with Interest Income Recognized"><span style="-sec-ix-hidden: xdx2ixbrl2001">-</span></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_983_eus-gaap--ImpairedFinancingReceivableWithRelatedAllowanceRecordedInvestment_c20201231__us-gaap--ContractWithCustomerDurationAxis__custom--TotalMember__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember_pp0p0" style="text-align: right" title="Impaired Financing Receivable, with Related Allowance, Recorded Investment">7,932,680</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98D_eus-gaap--ImpairedFinancingReceivableWithRelatedAllowanceUnpaidPrincipalBalance_c20201231__us-gaap--ContractWithCustomerDurationAxis__custom--TotalMember__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember_pp0p0" style="text-align: right" title="Impaired Financing Receivable, with Related Allowance, Unpaid Principal Balance">7,932,680</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98B_eus-gaap--ImpairedFinancingReceivableRelatedAllowance_c20201231__us-gaap--ContractWithCustomerDurationAxis__custom--TotalMember__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember_pp0p0" style="text-align: right" title="Impaired Financing Receivable, Related Allowance">219,905</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_987_eus-gaap--ImpairedFinancingReceivableWithRelatedAllowanceAverageRecordedInvestment_c20200101__20201231__us-gaap--ContractWithCustomerDurationAxis__custom--TotalMember__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember_pp0p0" style="text-align: right" title="Impaired Financing Receivable, with Related Allowance, Average Recorded Investment">6,192,446</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_984_eus-gaap--ImpairedFinancingReceivableWithRelatedAllowanceInterestIncomeAccrualMethod_c20200101__20201231__us-gaap--ContractWithCustomerDurationAxis__custom--TotalMember__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember_pp0p0" style="text-align: right" title="Impaired Financing Receivable, with Interest Income Recognized"><span style="-sec-ix-hidden: xdx2ixbrl2011">-</span></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_987_eus-gaap--ImpairedFinancingReceivableWithRelatedAllowanceRecordedInvestment_c20201231__us-gaap--ContractWithCustomerDurationAxis__custom--TotalMember__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember_pp0p0" style="text-align: right" title="Impaired Financing Receivable, with Related Allowance, Recorded Investment">200,963</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_989_eus-gaap--ImpairedFinancingReceivableWithRelatedAllowanceUnpaidPrincipalBalance_c20201231__us-gaap--ContractWithCustomerDurationAxis__custom--TotalMember__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember_pp0p0" style="text-align: right" title="Impaired Financing Receivable, with Related Allowance, Unpaid Principal Balance">200,963</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98A_eus-gaap--ImpairedFinancingReceivableRelatedAllowance_c20201231__us-gaap--ContractWithCustomerDurationAxis__custom--TotalMember__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember_pp0p0" style="text-align: right" title="Impaired Financing Receivable, Related Allowance"><span style="-sec-ix-hidden: xdx2ixbrl2017">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_983_eus-gaap--ImpairedFinancingReceivableWithRelatedAllowanceAverageRecordedInvestment_c20200101__20201231__us-gaap--ContractWithCustomerDurationAxis__custom--TotalMember__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember_pp0p0" style="text-align: right" title="Impaired Financing Receivable, with Related Allowance, Average Recorded Investment">555,278</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98B_eus-gaap--ImpairedFinancingReceivableWithRelatedAllowanceInterestIncomeAccrualMethod_c20200101__20201231__us-gaap--ContractWithCustomerDurationAxis__custom--TotalMember__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember_pp0p0" style="text-align: right" title="Impaired Financing Receivable, with Interest Income Recognized"><span style="-sec-ix-hidden: xdx2ixbrl2021">-</span></td><td style="text-align: left"> </td></tr> </table> <p id="xdx_8A3_zTfer964Wbbe" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0pt; margin-bottom: 0pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="text-decoration: underline">Credit Risk Profile Based on Performance Status</span></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Company’s mortgage loan held for investment portfolio is monitored based on performance of the loans. Monitoring a mortgage loan increases when the loan is delinquent or earlier if there is an indication of impairment. The Company defines non-performing mortgage loans as loans 90 days or greater delinquent or on non-accrual status.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">SECURITY NATIONAL FINANCIAL CORPORATION</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">AND SUBSIDIARIES</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Notes to Consolidated Financial Statements</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Years Ended December 31, 2021 and 2020</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">2) <span style="text-decoration: underline">Investments</span> (Continued)</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p id="xdx_89A_ecustom--ScheduleOfCreditRiskOfMortgageLoansBasedOnPerformanceStatus1TextBlock_zxKiLBQEXtgd" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Company’s performing and non-performing mortgage loans held for investment are summarized as follows:</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span id="xdx_8BB_zOntFygveiIi" style="display: none">Schedule of Credit Risk of Mortgage Loans Based on Performance Status</span><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 95%"> <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">Commercial</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">Residential</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">Residential Construction</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</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">December 31</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</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</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</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">2021</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">2020</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">2021</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">2020</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">2021</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">2020</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">2021</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">2020</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><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: 28%">Performing</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_98C_ecustom--MortgageLoans_iI_pp0p0_c20211231__srt--CreditRatingMoodysAxis__custom--PerformingFinancingReceivable1Member__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember_z7vGY0e0oTgd" style="width: 5%; text-align: right" title="Mortgage loans">49,959,650</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_986_ecustom--MortgageLoans_c20201231__srt--CreditRatingMoodysAxis__custom--PerformingFinancingReceivable1Member__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember_pp0p0" style="width: 5%; text-align: right" title="Mortgage loans">44,688,039</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_980_ecustom--MortgageLoans_iI_pp0p0_c20211231__srt--CreditRatingMoodysAxis__custom--PerformingFinancingReceivable1Member__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember_zMrBx0hpsjF4" style="width: 5%; text-align: right" title="Mortgage loans">50,985,056</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_98D_ecustom--MortgageLoans_c20201231__srt--CreditRatingMoodysAxis__custom--PerformingFinancingReceivable1Member__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember_pp0p0" style="width: 5%; text-align: right" title="Mortgage loans">87,889,768</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_982_ecustom--MortgageLoans_iI_pp0p0_c20211231__srt--CreditRatingMoodysAxis__custom--PerformingFinancingReceivable1Member__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember_zCPnY6yJWW63" style="width: 5%; text-align: right" title="Mortgage loans">175,117,783</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_985_ecustom--MortgageLoans_c20201231__srt--CreditRatingMoodysAxis__custom--PerformingFinancingReceivable1Member__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember_pp0p0" style="width: 5%; text-align: right" title="Mortgage loans">110,910,814</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_98C_ecustom--MortgageLoans_iI_pp0p0_c20211231__srt--CreditRatingMoodysAxis__custom--PerformingFinancingReceivable1Member_zb3X5fTt9VIh" style="width: 5%; text-align: right" title="Mortgage loans">276,062,489</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--MortgageLoans_c20201231__srt--CreditRatingMoodysAxis__custom--PerformingFinancingReceivable1Member_pp0p0" style="width: 5%; text-align: right" title="Mortgage loans">243,488,621</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-bottom: 1pt">Non-performing</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98E_ecustom--MortgageLoans_iI_pp0p0_c20211231__srt--CreditRatingMoodysAxis__custom--NonperformingFinancingReceivable1Member__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember_zx0Qba1x7D6i" style="border-bottom: Black 1pt solid; text-align: right" title="Mortgage loans">1,723,372</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_ecustom--MortgageLoans_c20201231__srt--CreditRatingMoodysAxis__custom--NonperformingFinancingReceivable1Member__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember_pp0p0" style="border-bottom: Black 1pt solid; text-align: right" title="Mortgage loans">2,148,827</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_ecustom--MortgageLoans_iI_pp0p0_c20211231__srt--CreditRatingMoodysAxis__custom--NonperformingFinancingReceivable1Member__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember_zyl2fUPnufe" style="border-bottom: Black 1pt solid; text-align: right" title="Mortgage loans">2,548,656</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_ecustom--MortgageLoans_c20201231__srt--CreditRatingMoodysAxis__custom--NonperformingFinancingReceivable1Member__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember_pp0p0" style="border-bottom: Black 1pt solid; text-align: right" title="Mortgage loans">7,932,680</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_ecustom--MortgageLoans_iI_pp0p0_c20211231__srt--CreditRatingMoodysAxis__custom--NonperformingFinancingReceivable1Member__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember_zPmkc7ks0w2g" style="border-bottom: Black 1pt solid; text-align: right" title="Mortgage loans"><span style="-sec-ix-hidden: xdx2ixbrl2049">-</span></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_ecustom--MortgageLoans_c20201231__srt--CreditRatingMoodysAxis__custom--NonperformingFinancingReceivable1Member__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember_pp0p0" style="border-bottom: Black 1pt solid; text-align: right" title="Mortgage loans">200,963</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_ecustom--MortgageLoans_iI_pp0p0_c20211231__srt--CreditRatingMoodysAxis__custom--NonperformingFinancingReceivable1Member_zGJwD1bxKKr6" style="border-bottom: Black 1pt solid; text-align: right" title="Mortgage loans">4,272,028</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_ecustom--MortgageLoans_c20201231__srt--CreditRatingMoodysAxis__custom--NonperformingFinancingReceivable1Member_pp0p0" style="border-bottom: Black 1pt solid; text-align: right" title="Mortgage loans">10,282,470</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><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="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">Total</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_982_ecustom--MortgageLoans_iI_pp0p0_c20211231__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember__srt--CreditRatingMoodysAxis__custom--PerformingAndNonPerformingMember_zw8FnkfVeLp5" style="border-bottom: Black 2.5pt double; text-align: right" title="Mortgage loans">51,683,022</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_985_ecustom--MortgageLoans_c20201231__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember__srt--CreditRatingMoodysAxis__custom--PerformingAndNonPerformingMember_pp0p0" style="border-bottom: Black 2.5pt double; text-align: right" title="Mortgage loans">46,836,866</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_987_ecustom--MortgageLoans_iI_pp0p0_c20211231__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember__srt--CreditRatingMoodysAxis__custom--PerformingAndNonPerformingMember_z7bDU6sOt2eh" style="border-bottom: Black 2.5pt double; text-align: right" title="Mortgage loans">53,533,712</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98D_ecustom--MortgageLoans_c20201231__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember__srt--CreditRatingMoodysAxis__custom--PerformingAndNonPerformingMember_pp0p0" style="border-bottom: Black 2.5pt double; text-align: right" title="Mortgage loans">95,822,448</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_986_ecustom--MortgageLoans_iI_pp0p0_c20211231__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember__srt--CreditRatingMoodysAxis__custom--PerformingAndNonPerformingMember_zLKE1817Nwi" style="border-bottom: Black 2.5pt double; text-align: right" title="Mortgage loans">175,117,783</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">$</td><td id="xdx_981_ecustom--MortgageLoans_c20201231__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember__srt--CreditRatingMoodysAxis__custom--PerformingAndNonPerformingMember_pp0p0" style="border-bottom: Black 2.5pt double; text-align: right" title="Mortgage loans">111,111,777</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_988_ecustom--MortgageLoans_iI_pp0p0_c20211231__srt--CreditRatingMoodysAxis__custom--PerformingAndNonPerformingMember_zmQ18H37Rxa2" style="border-bottom: Black 2.5pt double; text-align: right" title="Mortgage loans">280,334,517</td><td style="padding-bottom: 2.5pt; 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_ecustom--MortgageLoans_c20201231__srt--CreditRatingMoodysAxis__custom--PerformingAndNonPerformingMember_pp0p0" style="border-bottom: Black 2.5pt double; text-align: right" title="Mortgage loans">253,771,091</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> <p id="xdx_8AE_zql1FGvLYmgb" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="text-decoration: underline">Non-Accrual Mortgage Loans Held for Investment</span></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Once a 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 income that had been accrued. Payments received for loans on a non-accrual status are recognized on a cash basis. Interest income recognized from any payments received for loans on a non-accrual status was immaterial. Accrual of interest resumes if a loan is brought current. Interest not accrued on these loans totals approximately $<span id="xdx_90C_ecustom--InterestNotAccruedOnNonPerformingLoans_iI_pp0p0_c20211231_zvH6Dqpdcusg" title="Interest not accrued on non-performing loans">236,000</span> and $<span id="xdx_905_ecustom--InterestNotAccruedOnNonPerformingLoans_c20201231_pp0p0" title="Interest not accrued on non-performing loans">491,000</span> as of December 31, 2021 and 2020, respectively.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="text-decoration: underline">Principal Amounts Due</span></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The following table presents the amortized cost and contractual payments on mortgage loans held for investment by category as of December 31, 2021. Expected principal payments may differ from contractual obligations because certain borrowers may elect to pay off mortgage obligations with or without early payment penalties.</span></p> <p id="xdx_89C_ecustom--ScheduleOfMortgageLoansHeldForInvestmentTableTextBlock_z53nwc9cqdt4" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span id="xdx_8B4_zy9VcKjBzwW7" style="display: none">Schedule of Mortgage loans Held for Investment</span><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <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"> </td><td> </td><td> </td> <td colspan="2" style="text-align: center">Principal</td><td> </td><td> </td> <td colspan="2" style="text-align: center">Principal</td><td> </td><td> </td> <td colspan="2" style="text-align: center">Principal</td><td> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td> </td> <td colspan="2"> </td><td> </td><td> </td> <td colspan="2" style="text-align: center">Amounts</td><td> </td><td> </td> <td colspan="2" style="text-align: center">Amounts</td><td> </td><td> </td> <td colspan="2" style="text-align: center">Amounts</td><td> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td> </td> <td colspan="2"> </td><td> </td><td> </td> <td colspan="2" style="text-align: center">Due in</td><td> </td><td> </td> <td colspan="2" style="text-align: center">Due in</td><td> </td><td> </td> <td colspan="2" style="text-align: center">Due</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">Total</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">1 Year</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">2-5 Years</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">Thereafter</td><td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 44%">Residential</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_980_eus-gaap--LongTermDebt_iI_pp0p0_c20211231__us-gaap--InvestmentTypeAxis__us-gaap--ResidentialMortgageMember_zbEDMjE1aUsa" style="width: 10%; text-align: right" title="Total">53,533,712</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_980_eus-gaap--LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths_iI_pp0p0_c20211231__us-gaap--InvestmentTypeAxis__us-gaap--ResidentialMortgageMember_zZVTeALtNSlf" style="width: 10%; text-align: right" title="Principal Amounts Due in 1 Year">7,451,252</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_987_eus-gaap--LongTermDebtMaturingInYearsTwoAndThree_iI_pp0p0_c20211231__us-gaap--InvestmentTypeAxis__us-gaap--ResidentialMortgageMember_zsVyoGbJNSI6" style="width: 10%; text-align: right" title="Principal Amounts Due in 2-5 Year">6,031,628</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--LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive_iI_pp0p0_c20211231__us-gaap--InvestmentTypeAxis__us-gaap--ResidentialMortgageMember_zXFs3aFVj9Oh" style="width: 10%; text-align: right" title="Principal Amounts Due Thereafter">40,050,832</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Residential Construction</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98F_eus-gaap--LongTermDebt_iI_pp0p0_c20211231__us-gaap--InvestmentTypeAxis__custom--ResidentialConstructionMember_zKnTen5TwtCe" style="text-align: right" title="Total">175,117,783</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_981_eus-gaap--LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths_iI_pp0p0_c20211231__us-gaap--InvestmentTypeAxis__custom--ResidentialConstructionMember_zRFwScER0QI1" style="text-align: right" title="Principal Amounts Due in 1 Year">145,711,262</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_986_eus-gaap--LongTermDebtMaturingInYearsTwoAndThree_iI_pp0p0_c20211231__us-gaap--InvestmentTypeAxis__custom--ResidentialConstructionMember_zgsOSdCEq6J2" style="text-align: right" title="Principal Amounts Due in 2-5 Year">29,406,521</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_985_eus-gaap--LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive_iI_pp0p0_c20211231__us-gaap--InvestmentTypeAxis__custom--ResidentialConstructionMember_zItyEZVsgtG8" style="text-align: right" title="Principal Amounts Due Thereafter"><span style="-sec-ix-hidden: xdx2ixbrl2093">-</span></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_98A_eus-gaap--LongTermDebt_iI_pp0p0_c20211231__us-gaap--InvestmentTypeAxis__custom--CommercialMember_zSNtqNky2u2l" style="border-bottom: Black 1pt solid; text-align: right" title="Total">51,683,022</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--LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths_iI_pp0p0_c20211231__us-gaap--InvestmentTypeAxis__custom--CommercialMember_ztY0oUptHR17" style="border-bottom: Black 1pt solid; text-align: right" title="Principal Amounts Due in 1 Year">17,007,282</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--LongTermDebtMaturingInYearsTwoAndThree_iI_pp0p0_c20211231__us-gaap--InvestmentTypeAxis__custom--CommercialMember_zQfjJKL7KWVj" style="border-bottom: Black 1pt solid; text-align: right" title="Principal Amounts Due in 2-5 Year">25,761,914</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--LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive_iI_pp0p0_c20211231__us-gaap--InvestmentTypeAxis__custom--CommercialMember_zhLCA6YFC5Lf" style="border-bottom: Black 1pt solid; text-align: right" title="Principal Amounts Due Thereafter">8,913,826</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">Total</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--LongTermDebt_iI_pp0p0_c20211231_zElQGjDsta56" style="border-bottom: Black 2.5pt double; text-align: right" title="Total">280,334,517</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_989_eus-gaap--LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths_iI_pp0p0_c20211231_z4IUmd4t4y09" style="border-bottom: Black 2.5pt double; text-align: right" title="Principal Amounts Due in 1 Year">170,169,796</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_980_eus-gaap--LongTermDebtMaturingInYearsTwoAndThree_iI_pp0p0_c20211231_zvTWwZL1DjU5" style="border-bottom: Black 2.5pt double; text-align: right" title="Principal Amounts Due in 2-5 Year">61,200,063</td><td style="padding-bottom: 2.5pt; 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--LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive_iI_pp0p0_c20211231_zuRHojKR6cri" style="border-bottom: Black 2.5pt double; text-align: right" title="Principal Amounts Due Thereafter">48,964,658</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> <p id="xdx_8A0_zvnAKdN8VBz6" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">SECURITY NATIONAL FINANCIAL CORPORATION</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">AND SUBSIDIARIES</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Notes to Consolidated Financial Statements</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Years Ended December 31, 2021 and 2020</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p id="xdx_89E_eus-gaap--ScheduleOfAvailableForSaleSecuritiesReconciliationTableTextBlock_zFSwpx6PUSA3" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Company’s investments as of December 31, 2021 are summarized as follows:</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> <span id="xdx_8B9_zHpMC8EbbUai" style="display: none">Schedule of Investments</span></span></p> <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">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, 2021:</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="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_986_eus-gaap--AvailableForSaleDebtSecuritiesAmortizedCostBasis_iI_c20211231__us-gaap--FinancialInstrumentAxis__us-gaap--USTreasurySecuritiesMember_zlZnJCE1HXv9" style="width: 11%; text-align: right" title="Available for sale securities, amortized cost">22,307,736</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_981_eus-gaap--AvailableForSaleDebtSecuritiesGrossUnrealizedGain_c20210101__20211231__us-gaap--FinancialInstrumentAxis__us-gaap--USTreasurySecuritiesMember_zZGJP9hW05ek" style="width: 11%; text-align: right" title="Available for sale securities, unrecognized holding gain">578,567</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_986_eus-gaap--AvailableForSaleDebtSecuritiesGrossUnrealizedLoss_iN_di_c20210101__20211231__us-gaap--FinancialInstrumentAxis__us-gaap--USTreasurySecuritiesMember_zNgZCUgtwgu5" style="width: 11%; text-align: right" title="Available for sale securities, unrecognized holding loss"><span style="-sec-ix-hidden: xdx2ixbrl0878">-</span></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_c20211231__us-gaap--FinancialInstrumentAxis__us-gaap--USTreasurySecuritiesMember_z0WCnZlmkTec" style="width: 11%; text-align: right" title="Available for sale securities, estimated fair value">22,886,303</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_98C_eus-gaap--AvailableForSaleDebtSecuritiesAmortizedCostBasis_iI_c20211231__us-gaap--FinancialInstrumentAxis__us-gaap--USStatesAndPoliticalSubdivisionsMember_zGdpgpuV41Q4" style="text-align: right" title="Available for sale securities, amortized cost">4,649,917</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98C_eus-gaap--AvailableForSaleDebtSecuritiesGrossUnrealizedGain_c20210101__20211231__us-gaap--FinancialInstrumentAxis__us-gaap--USStatesAndPoliticalSubdivisionsMember_zrCMr2IN7c5k" style="text-align: right" title="Available for sale securities, unrecognized holding gain">212,803</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98E_eus-gaap--AvailableForSaleDebtSecuritiesGrossUnrealizedLoss_iN_di_c20210101__20211231__us-gaap--FinancialInstrumentAxis__us-gaap--USStatesAndPoliticalSubdivisionsMember_z8QgLurjVJB8" style="text-align: right" title="Available for sale securities, unrecognized holding loss">(1,989</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td id="xdx_981_eus-gaap--AvailableForSaleSecuritiesDebtSecuritiesCurrent_iI_c20211231__us-gaap--FinancialInstrumentAxis__us-gaap--USStatesAndPoliticalSubdivisionsMember_zmWn8Cfqc99i" style="text-align: right" title="Available for sale securities, estimated fair value">4,860,731</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_982_eus-gaap--AvailableForSaleDebtSecuritiesAmortizedCostBasis_iI_c20211231__us-gaap--FinancialInstrumentAxis__us-gaap--CorporateDebtSecuritiesMember_zX28CuOgS9ee" style="text-align: right" title="Available for sale securities, amortized cost">174,711,061</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98B_eus-gaap--AvailableForSaleDebtSecuritiesGrossUnrealizedGain_c20210101__20211231__us-gaap--FinancialInstrumentAxis__us-gaap--CorporateDebtSecuritiesMember_zzWdRstcoIia" style="text-align: right" title="Available for sale securities, unrecognized holding gain">21,791,370</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_980_eus-gaap--AvailableForSaleDebtSecuritiesGrossUnrealizedLoss_iN_di_c20210101__20211231__us-gaap--FinancialInstrumentAxis__us-gaap--CorporateDebtSecuritiesMember_zjoV7lMoZYb4" style="text-align: right" title="Available for sale securities, unrecognized holding loss">(353,668</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td id="xdx_988_eus-gaap--AvailableForSaleSecuritiesDebtSecuritiesCurrent_iI_c20211231__us-gaap--FinancialInstrumentAxis__us-gaap--CorporateDebtSecuritiesMember_zn0uanozyabb" style="text-align: right" title="Available for sale securities, estimated fair value">196,148,763</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_983_eus-gaap--AvailableForSaleDebtSecuritiesAmortizedCostBasis_iI_c20211231__us-gaap--FinancialInstrumentAxis__us-gaap--MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMember_zucCbekgNPN7" style="text-align: right" title="Available for sale securities, amortized cost">34,365,382</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98F_eus-gaap--AvailableForSaleDebtSecuritiesGrossUnrealizedGain_c20210101__20211231__us-gaap--FinancialInstrumentAxis__us-gaap--MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMember_zAphYNQSBSv9" style="text-align: right" title="Available for sale securities, unrecognized holding gain">905,159</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98C_eus-gaap--AvailableForSaleDebtSecuritiesGrossUnrealizedLoss_iN_di_c20210101__20211231__us-gaap--FinancialInstrumentAxis__us-gaap--MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMember_zekIRwJlP5Lc" style="text-align: right" title="Available for sale securities, unrecognized holding loss">(161,332</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td id="xdx_989_eus-gaap--AvailableForSaleSecuritiesDebtSecuritiesCurrent_iI_c20211231__us-gaap--FinancialInstrumentAxis__us-gaap--MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMember_ztkZWxylB678" style="text-align: right" title="Available for sale securities, estimated fair value">35,109,209</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-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_c20211231__us-gaap--FinancialInstrumentAxis__us-gaap--RedeemablePreferredStockMember_zX78VwlPFoH" style="border-bottom: Black 1pt solid; text-align: right" title="Available for sale securities, amortized cost">269,214</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--AvailableForSaleDebtSecuritiesGrossUnrealizedGain_c20210101__20211231__us-gaap--FinancialInstrumentAxis__us-gaap--RedeemablePreferredStockMember_z99nPKkagya5" style="border-bottom: Black 1pt solid; text-align: right" title="Available for sale securities, unrecognized holding gain">13,383</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--AvailableForSaleDebtSecuritiesGrossUnrealizedLoss_iN_di_c20210101__20211231__us-gaap--FinancialInstrumentAxis__us-gaap--RedeemablePreferredStockMember_zo5z4aK3Pdse" style="border-bottom: Black 1pt solid; text-align: right" title="Available for sale securities, unrecognized holding loss"><span style="-sec-ix-hidden: xdx2ixbrl0910">-</span></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--AvailableForSaleSecuritiesDebtSecuritiesCurrent_iI_c20211231__us-gaap--FinancialInstrumentAxis__us-gaap--RedeemablePreferredStockMember_zgifBpwOTYza" style="border-bottom: Black 1pt solid; text-align: right" title="Available for sale securities, estimated fair value">282,597</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: 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_981_eus-gaap--AvailableForSaleDebtSecuritiesAmortizedCostBasis_iI_c20211231_zBnmr5S7MOS7" style="border-bottom: Black 2.5pt double; text-align: right" title="Available for sale securities, amortized cost">236,303,310</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_985_eus-gaap--AvailableForSaleDebtSecuritiesGrossUnrealizedGain_c20210101__20211231_zqPpSPvUWBpc" style="border-bottom: Black 2.5pt double; text-align: right" title="Available for sale securities, unrecognized holding gain">23,501,282</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98D_eus-gaap--AvailableForSaleDebtSecuritiesGrossUnrealizedLoss_iN_di_c20210101__20211231_zMbMn2mh93i8" style="border-bottom: Black 2.5pt double; text-align: right" title="Available for sale securities, unrecognized holding loss">(516,989</td><td style="padding-bottom: 2.5pt; 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--AvailableForSaleSecuritiesDebtSecuritiesCurrent_iI_c20211231_zHjGGyTjdV" style="border-bottom: Black 2.5pt double; text-align: right" title="Available for sale securities, estimated fair value">259,287,603</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_985_eus-gaap--EquitySecuritiesFvNiCost_iI_c20211231__us-gaap--FinancialInstrumentAxis__custom--IndustrialMiscellaneousAndAllOtherMember_z4n1WxhEbuNe" style="border-bottom: Black 1pt solid; text-align: right" title="Available-for-sale securities, amortized cost basis">8,275,772</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">$</td><td id="xdx_982_eus-gaap--EquitySecuritiesFvNiUnrealizedGain_c20210101__20211231__us-gaap--FinancialInstrumentAxis__custom--IndustrialMiscellaneousAndAllOtherMember_zX5JZF3Mf8Ol" style="border-bottom: Black 1pt solid; text-align: right" title="Available-for-sale securities, gross unrealized gain">3,626,444</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left">$</td><td id="xdx_984_eus-gaap--EquitySecuritiesFvNiUnrealizedLoss_iN_di_c20210101__20211231__us-gaap--FinancialInstrumentAxis__custom--IndustrialMiscellaneousAndAllOtherMember_zXarSp1cHdKf" style="border-bottom: Black 1pt solid; text-align: right" title="Available for sale securities - gross unrealized losses">(305,802</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">$</td><td id="xdx_984_eus-gaap--EquitySecuritiesFvNi_iI_c20211231__us-gaap--FinancialInstrumentAxis__custom--IndustrialMiscellaneousAndAllOtherMember_zqA61LzMT8vd" style="border-bottom: Black 1pt solid; text-align: right" title="Available-for-sale securities, gross unrealized gain">11,596,414</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 20pt; text-align: left; padding-bottom: 2.5pt">Total equity securities at estimated fair value</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98A_eus-gaap--EquitySecuritiesFvNiCost_iI_c20211231__us-gaap--FinancialInstrumentAxis__custom--EquitySecuritiesOneMember_zCrG6Z0TWXzc" style="border-bottom: Black 2.5pt double; text-align: right" title="Available-for-sale securities, amortized cost basis">8,275,772</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98A_eus-gaap--EquitySecuritiesFvNiUnrealizedGain_c20210101__20211231__us-gaap--FinancialInstrumentAxis__custom--EquitySecuritiesOneMember_zthOYIWbsQqg" style="border-bottom: Black 2.5pt double; text-align: right" title="Available-for-sale securities, gross unrealized gain">3,626,444</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_980_eus-gaap--EquitySecuritiesFvNiUnrealizedLoss_iN_di_c20210101__20211231__us-gaap--FinancialInstrumentAxis__custom--EquitySecuritiesOneMember_zaYT7dxUKgh5" style="border-bottom: Black 2.5pt double; text-align: right" title="Available for sale securities - gross unrealized losses">(305,802</td><td style="padding-bottom: 2.5pt; text-align: left">)</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_984_eus-gaap--EquitySecuritiesFvNi_iI_c20211231__us-gaap--FinancialInstrumentAxis__custom--EquitySecuritiesOneMember_zK0ky08Vmkb" style="border-bottom: Black 2.5pt double; text-align: right" title="Available-for-sale securities, gross unrealized gain">11,596,414</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Mortgage loans held for investment at amortized cost:</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-left: 30pt">Residential</td><td> </td> <td style="text-align: left">$</td><td id="xdx_98B_eus-gaap--MortgageLoansOnRealEstateCommercialAndConsumerNet_iI_c20211231__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember_zne6GloYRbO3" style="text-align: right" title="Mortgage loans on real estate and construction">53,533,712</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="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: 30pt; text-align: left">Residential construction</td><td> </td> <td style="text-align: left"> </td><td id="xdx_987_eus-gaap--MortgageLoansOnRealEstateCommercialAndConsumerNet_iI_c20211231__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember_zdGFQENz3Vy2" style="text-align: right" title="Mortgage loans on real estate and construction">175,117,783</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="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: 30pt">Commercial</td><td> </td> <td style="text-align: left"> </td><td id="xdx_987_eus-gaap--MortgageLoansOnRealEstateCommercialAndConsumerNet_iI_c20211231__us-gaap--FinancialInstrumentAxis__custom--CommercialMember_zfj4zBq7yLzf" style="text-align: right" title="Mortgage loans on real estate and construction">51,683,022</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="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: 30pt; text-align: left">Less: Unamortized deferred loan fees, net</td><td> </td> <td style="text-align: left"> </td><td id="xdx_988_ecustom--MortgageLoansOnRealEstateAndConstructionUnamortizedDeferredLoanFeesNet_iI_c20211231_z8D9S8QuKp7e" style="text-align: right" title="Mortgage loans on real estate and construction, unamortized deferred loan fees, net">(918,586</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="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: 30pt; text-align: left">Less: Allowance for loan losses</td><td> </td> <td style="text-align: left"> </td><td id="xdx_988_eus-gaap--AllowanceForLoanAndLeaseLossesRealEstate_iNI_di_c20211231_zJfFuiF725c5" style="text-align: right" title="Mortgage loans on real estate and construction, allowance for losses">(1,699,902</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="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: 30pt; 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_980_ecustom--MortgageLoansOnRealEstateAndConstructionDiscount_iI_c20211231_zQj6pekgISz6" style="border-bottom: Black 1pt solid; text-align: right" title="Mortgage loans on real estate and construction, discount">(409,983</td><td style="padding-bottom: 1pt; text-align: left">)</td><td style="padding-bottom: 1pt"> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="text-align: left"> </td><td style="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_98D_eus-gaap--MortgageLoansOnRealEstateCommercialAndConsumerNet_iI_c20211231_z3V4Cig8glYa" style="border-bottom: Black 2.5pt double; text-align: right" title="Mortgage loans on real estate and construction">277,306,046</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="text-align: left"> </td><td style="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: 30pt">Residential</td><td> </td> <td style="text-align: left">$</td><td id="xdx_985_eus-gaap--RealEstateInvestments_iI_c20211231__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember_zVz4DXGOhiE2" style="text-align: right" title="Real estate held for investment, net of depreciation">41,972,462</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="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: 30pt; 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_98B_eus-gaap--RealEstateInvestments_iI_c20211231__us-gaap--FinancialInstrumentAxis__custom--CommercialMember_zPYTXUaFYzdk" style="border-bottom: Black 1pt solid; text-align: right" title="Real estate held for investment, net of depreciation">155,393,335</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="text-align: left"> </td><td style="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_983_eus-gaap--RealEstateInvestments_iI_c20211231_zhefloLFXUUd" style="border-bottom: Black 2.5pt double; text-align: right" title="Real estate held for investment, net of depreciation">197,365,797</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="text-align: left"> </td><td style="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 style="padding-left: 30pt">Residential</td><td> </td> <td style="text-align: left">$</td><td id="xdx_98D_eus-gaap--RealEstateHeldforsale_iI_c20211231__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember_za62KywIqVu3" style="text-align: right" title="Real estate held for sale">1,190,602</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="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="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: 30pt; 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_98D_eus-gaap--RealEstateHeldforsale_iI_c20211231__us-gaap--FinancialInstrumentAxis__custom--CommercialMember_zZ4gQQ2iqg43" style="border-bottom: Black 1pt solid; text-align: right" title="Real estate held for sale">2,540,698</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="text-align: left"> </td><td style="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_98A_eus-gaap--RealEstateHeldforsale_iI_c20211231_zI1Htx4VUht2" style="border-bottom: Black 2.5pt double; text-align: right" title="Real estate held for sale">3,731,300</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="text-align: left"> </td><td style="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: 30pt; text-align: left">Policy loans</td><td> </td> <td style="text-align: left">$</td><td id="xdx_98C_ecustom--PolicyLoansAmortizedCost_iI_c20211231_zs0yWTF64lWb" style="text-align: right" title="Policy loans">13,478,214</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="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: 30pt; text-align: left">Insurance assignments</td><td> </td> <td style="text-align: left"> </td><td id="xdx_984_ecustom--InsuranceAssignmentsAmortizedCost_iI_c20211231_z4qbXpV8O4ra" style="text-align: right" title="Insurance assignments">48,632,808</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="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: 30pt; text-align: left">Federal Home Loan Bank stock <span id="xdx_F44_zlqriGLooVOf">(1)</span></td><td> </td> <td style="text-align: left"> </td><td id="xdx_988_ecustom--FederalHomeLoanBankStockAmortizedCost_iI_c20211231_fKDEp_z8wTlsy5Wl57" style="text-align: right" title="Federal home loan bank stock">2,547,100</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="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: 30pt; text-align: left">Other investments</td><td> </td> <td style="text-align: left"> </td><td id="xdx_986_ecustom--OtherInvestmentsAmortizedCost_iI_c20211231_z12FUcYPN4F7" style="text-align: right" title="Other investments">4,983,251</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="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: 30pt; text-align: left; padding-bottom: 1pt">Less: Allowance for doubtful accounts</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_987_ecustom--AllowanceForDoubtfulAccounts_iNI_di_c20211231_zYoTcURnT1n7" style="border-bottom: Black 1pt solid; text-align: right" title="Allowance for doubtful accounts">(1,686,218</td><td style="padding-bottom: 1pt; text-align: left">)</td><td style="padding-bottom: 1pt"> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="text-align: left"> </td><td style="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 policy loans and other investments</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98F_ecustom--PolicyAndOtherLoansReceivableNet1_iI_c20211231_z4yntK7sx1j1" style="border-bottom: Black 2.5pt double; text-align: right" title="Total policy loans and other investments">67,955,155</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: justify; padding-bottom: 2.5pt">Accrued investment income</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98E_eus-gaap--AccruedInvestmentIncomeReceivable_iI_c20211231_zDdZCBHeWZa4" style="border-bottom: Black 2.5pt double; text-align: right" title="Accrued investment income">6,313,012</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="text-align: left"> </td><td style="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_985_eus-gaap--Investments_iI_c20211231_zbFmNI2cGeS7" style="border-bottom: Black 2.5pt double; text-align: right" title="Total investments">823,555,327</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <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: 1pc"><span id="xdx_F06_zvkwHYlWL5ge" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(1)</span></td> <td><span id="xdx_F12_z4ePk14ex6ya" style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> Includes $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNjaGVkdWxlIG9mIEZhaXIgVmFsdWUgb2YgRml4ZWQgTWF0dXJpdHkgU2VjdXJpdGllcyAoRGV0YWlscykgKFBhcmVudGhldGhpY2FsKQA_" id="xdx_90E_eus-gaap--ShortTermInvestments_iI_c20211231__srt--ProductOrServiceAxis__us-gaap--MembershipMember_zx5nrsJHK201" title="Short term investment">905,700</span> of Membership stock and $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNjaGVkdWxlIG9mIEZhaXIgVmFsdWUgb2YgRml4ZWQgTWF0dXJpdHkgU2VjdXJpdGllcyAoRGV0YWlscykgKFBhcmVudGhldGhpY2FsKQA_" id="xdx_90B_eus-gaap--ShortTermInvestments_iI_c20211231__srt--ProductOrServiceAxis__custom--ActivityStockDueMember_zAiMWGvTihWh" title="Short term investment">1,641,400</span> of Activity stock due to short-term advances and letters of credit.</span></td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">SECURITY NATIONAL FINANCIAL CORPORATION</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">AND SUBSIDIARIES</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Notes to Consolidated Financial Statements</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Years Ended December 31, 2021 and 2020</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">2) <span style="text-decoration: underline">Investments</span> (Continued)</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Company’s investments as of December 31, 2020 are summarized as follows:</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <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">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, 2020:</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="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_98B_eus-gaap--AvailableForSaleDebtSecuritiesAmortizedCostBasis_iI_c20201231__us-gaap--FinancialInstrumentAxis__us-gaap--USTreasurySecuritiesMember_zrCYUflgBSgd" style="width: 11%; text-align: right" title="Available for sale securities, amortized cost">42,381,805</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_98E_eus-gaap--AvailableForSaleDebtSecuritiesGrossUnrealizedGain_c20200101__20201231__us-gaap--FinancialInstrumentAxis__us-gaap--USTreasurySecuritiesMember_zJvZoMGPF9L8" style="width: 11%; text-align: right" title="Available for sale securities, unrecognized holding gain">1,358,562</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_989_eus-gaap--AvailableForSaleDebtSecuritiesGrossUnrealizedLoss_iN_di_c20200101__20201231__us-gaap--FinancialInstrumentAxis__us-gaap--USTreasurySecuritiesMember_zExTTu36uke3" style="width: 11%; text-align: right" title="Available for sale securities, unrecognized holding loss"><span style="-sec-ix-hidden: xdx2ixbrl0989">-</span></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--AvailableForSaleSecuritiesDebtSecuritiesCurrent_iI_c20201231__us-gaap--FinancialInstrumentAxis__us-gaap--USTreasurySecuritiesMember_zkIerZNmFCmb" style="width: 11%; text-align: right" title="Available for sale securities, Estimated fair value">43,740,367</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_980_eus-gaap--AvailableForSaleDebtSecuritiesAmortizedCostBasis_iI_c20201231__us-gaap--FinancialInstrumentAxis__us-gaap--USStatesAndPoliticalSubdivisionsMember_zMSE1lT9dh6b" style="text-align: right" title="Available for sale securities, amortized cost">5,383,762</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_980_eus-gaap--AvailableForSaleDebtSecuritiesGrossUnrealizedGain_c20200101__20201231__us-gaap--FinancialInstrumentAxis__us-gaap--USStatesAndPoliticalSubdivisionsMember_zBHK4ZUWI9Jf" style="text-align: right" title="Available for sale securities, unrecognized holding gain">312,214</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98C_eus-gaap--AvailableForSaleDebtSecuritiesGrossUnrealizedLoss_iN_di_c20200101__20201231__us-gaap--FinancialInstrumentAxis__us-gaap--USStatesAndPoliticalSubdivisionsMember_zr9uQVx2g4Gg" style="text-align: right" title="Available for sale securities, unrecognized holding loss"> (1,261</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98F_eus-gaap--AvailableForSaleSecuritiesDebtSecuritiesCurrent_iI_c20201231__us-gaap--FinancialInstrumentAxis__us-gaap--USStatesAndPoliticalSubdivisionsMember_zJZjEt3a33ic" style="text-align: right" title="Available for sale securities, Estimated fair value">5,694,715</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_98F_eus-gaap--AvailableForSaleDebtSecuritiesAmortizedCostBasis_iI_c20201231__us-gaap--FinancialInstrumentAxis__us-gaap--CorporateDebtSecuritiesMember_zF96bETAWEOj" style="text-align: right" title="Available for sale securities, amortized cost">186,067,912</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_981_eus-gaap--AvailableForSaleDebtSecuritiesGrossUnrealizedGain_c20200101__20201231__us-gaap--FinancialInstrumentAxis__us-gaap--CorporateDebtSecuritiesMember_zsukrbPXtXI6" style="text-align: right" title="Available for sale securities, unrecognized holding gain">27,216,496</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_982_eus-gaap--AvailableForSaleDebtSecuritiesGrossUnrealizedLoss_iN_di_c20200101__20201231__us-gaap--FinancialInstrumentAxis__us-gaap--CorporateDebtSecuritiesMember_zo03e5wzUzZ6" style="text-align: right" title="Available for sale securities, unrecognized holding loss">(681,478</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98E_eus-gaap--AvailableForSaleSecuritiesDebtSecuritiesCurrent_iI_c20201231__us-gaap--FinancialInstrumentAxis__us-gaap--CorporateDebtSecuritiesMember_zJzS2OMnhB79" style="text-align: right" title="Available for sale securities, Estimated fair value">212,602,930</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_983_eus-gaap--AvailableForSaleDebtSecuritiesAmortizedCostBasis_iI_c20201231__us-gaap--FinancialInstrumentAxis__us-gaap--MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMember_z54hHTEFsmVg" style="text-align: right" title="Available for sale securities, amortized cost">31,047,791</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_989_eus-gaap--AvailableForSaleDebtSecuritiesGrossUnrealizedGain_c20200101__20201231__us-gaap--FinancialInstrumentAxis__us-gaap--MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMember_za7hECQVezTj" style="text-align: right" title="Available for sale securities, unrecognized holding gain">1,565,377</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98F_eus-gaap--AvailableForSaleDebtSecuritiesGrossUnrealizedLoss_iN_di_c20200101__20201231__us-gaap--FinancialInstrumentAxis__us-gaap--MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMember_z7ItSRvzRwXe" style="text-align: right" title="Available for sale securities, unrecognized holding loss">(267,106</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td id="xdx_982_eus-gaap--AvailableForSaleSecuritiesDebtSecuritiesCurrent_iI_c20201231__us-gaap--FinancialInstrumentAxis__us-gaap--MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMember_zycES4IuFSU3" style="text-align: right" title="Available for sale securities, Estimated fair value">32,346,062</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-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_981_eus-gaap--AvailableForSaleDebtSecuritiesAmortizedCostBasis_iI_c20201231__us-gaap--FinancialInstrumentAxis__us-gaap--RedeemablePreferredStockMember_zZYVpmhWBvkb" style="border-bottom: Black 1pt solid; text-align: right" title="Available for sale securities, amortized cost">269,214</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--AvailableForSaleDebtSecuritiesGrossUnrealizedGain_c20200101__20201231__us-gaap--FinancialInstrumentAxis__us-gaap--RedeemablePreferredStockMember_zO72sRPKzMXg" style="border-bottom: Black 1pt solid; text-align: right" title="Available for sale securities, unrecognized holding gain">3,391</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--AvailableForSaleDebtSecuritiesGrossUnrealizedLoss_iN_di_c20200101__20201231__us-gaap--FinancialInstrumentAxis__us-gaap--RedeemablePreferredStockMember_zxIsyrkRP35h" style="border-bottom: Black 1pt solid; text-align: right" title="Available for sale securities, unrecognized holding loss"><span style="-sec-ix-hidden: xdx2ixbrl1021">-</span></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--AvailableForSaleSecuritiesDebtSecuritiesCurrent_iI_c20201231__us-gaap--FinancialInstrumentAxis__us-gaap--RedeemablePreferredStockMember_zPVNXsn5GC3g" style="border-bottom: Black 1pt solid; text-align: right" title="Available for sale securities, Estimated fair value">272,605</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: 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_c20201231_zVAKbKmdPwQ2" style="border-bottom: Black 2.5pt double; text-align: right" title="Available for sale securities, amortized cost">265,150,484</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98C_eus-gaap--AvailableForSaleDebtSecuritiesGrossUnrealizedGain_c20200101__20201231_zBSGkQZ34cp6" style="border-bottom: Black 2.5pt double; text-align: right" title="Available for sale securities, unrecognized holding gain">30,456,040</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_988_eus-gaap--AvailableForSaleDebtSecuritiesGrossUnrealizedLoss_iN_di_c20200101__20201231_zTSVqljtFtm" style="border-bottom: Black 2.5pt double; text-align: right" title="Available for sale securities, unrecognized holding loss">(949,845</td><td style="padding-bottom: 2.5pt; 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_c20201231_zESTrXUPvbmb" style="border-bottom: Black 2.5pt double; text-align: right" title="Available for sale securities, Estimated fair value">294,656,679</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_980_eus-gaap--EquitySecuritiesFvNiCost_iI_c20201231__us-gaap--FinancialInstrumentAxis__custom--IndustrialMiscellaneousAndAllOtherMember_zL9ubsqZIpIh" style="border-bottom: Black 1pt solid; text-align: right" title="Available-for-sale securities, amortized cost basis">9,698,490</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">$</td><td id="xdx_98D_eus-gaap--EquitySecuritiesFvNiUnrealizedGain_c20200101__20201231__us-gaap--FinancialInstrumentAxis__custom--IndustrialMiscellaneousAndAllOtherMember_z7s16hDCGj0g" style="border-bottom: Black 1pt solid; text-align: right" title="Available for sale securities, unrecognized holding gain">2,376,156</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left">$</td><td id="xdx_98B_eus-gaap--EquitySecuritiesFvNiUnrealizedLoss_iN_di_c20200101__20201231__us-gaap--FinancialInstrumentAxis__custom--IndustrialMiscellaneousAndAllOtherMember_zdUO3QuBbV8b" style="border-bottom: Black 1pt solid; text-align: right" title="Available for sale securities, unrecognized holding gain">(750,407</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">$</td><td id="xdx_987_eus-gaap--EquitySecuritiesFvNi_iI_c20201231__us-gaap--FinancialInstrumentAxis__custom--IndustrialMiscellaneousAndAllOtherMember_zJ5ORwmy5hV3" style="border-bottom: Black 1pt solid; text-align: right" title="Available for Sale Securities - Estimated Fair Value">11,324,239</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 20pt; text-align: left; padding-bottom: 2.5pt">Total equity securities at estimated fair value</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_985_eus-gaap--EquitySecuritiesFvNiCost_iI_c20201231__us-gaap--FinancialInstrumentAxis__custom--EquitySecurities1Member_zhSZNDYI5MAh" style="border-bottom: Black 2.5pt double; text-align: right" title="Available-for-sale securities, amortized cost basis">9,698,490</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_987_eus-gaap--EquitySecuritiesFvNiUnrealizedGain_c20200101__20201231__us-gaap--FinancialInstrumentAxis__custom--EquitySecurities1Member_zSXArUCw7yg8" style="border-bottom: Black 2.5pt double; text-align: right" title="Available for sale securities, unrecognized holding gain">2,376,156</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_983_eus-gaap--EquitySecuritiesFvNiUnrealizedLoss_iN_di_c20200101__20201231__us-gaap--FinancialInstrumentAxis__custom--EquitySecurities1Member_zPGZZgwbanJk" style="border-bottom: Black 2.5pt double; text-align: right" title="Available for sale securities, unrecognized holding gain">(750,407</td><td style="padding-bottom: 2.5pt; text-align: left">)</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_989_eus-gaap--EquitySecuritiesFvNi_iI_c20201231__us-gaap--FinancialInstrumentAxis__custom--EquitySecurities1Member_zVuakMpe4AX7" style="border-bottom: Black 2.5pt double; text-align: right" title="Available for Sale Securities - Estimated Fair Value">11,324,239</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Mortgage loans held for investment at amortized cost:</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-left: 30pt">Residential</td><td> </td> <td style="text-align: left">$</td><td id="xdx_983_eus-gaap--MortgageLoansOnRealEstateCommercialAndConsumerNet_iI_c20201231__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember_zfUEa8eRq0r6" style="text-align: right" title="Mortgage loans on real estate and construction">95,822,448</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="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: 30pt; text-align: left">Residential construction</td><td> </td> <td style="text-align: left"> </td><td id="xdx_982_eus-gaap--MortgageLoansOnRealEstateCommercialAndConsumerNet_iI_c20201231__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember_zP6bC9xxhTR6" style="text-align: right" title="Mortgage loans on real estate and construction">111,111,777</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="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: 30pt">Commercial</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98A_eus-gaap--MortgageLoansOnRealEstateCommercialAndConsumerNet_iI_c20201231__us-gaap--FinancialInstrumentAxis__custom--CommercialMember_zg1RXHYmKCHd" style="text-align: right" title="Mortgage loans on real estate and construction">46,836,866</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="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: 30pt; text-align: left">Less: Unamortized deferred loan fees, net</td><td> </td> <td style="text-align: left"> </td><td id="xdx_987_ecustom--MortgageLoansOnRealEstateAndConstructionUnamortizedDeferredLoanFeesNet_iNI_di_c20201231_zbu5kZ5I28S5" style="text-align: right" title="Mortgage loans on real estate and construction, unamortized deferred loan fees, net">(1,161,132</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="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: 30pt; text-align: left">Less: Allowance for loan losses</td><td> </td> <td style="text-align: left"> </td><td id="xdx_980_eus-gaap--AllowanceForLoanAndLeaseLossesRealEstate_iNI_di_c20201231_z3Tk6BpUuVAg" style="text-align: right" title="Mortgage loans on real estate and construction, allowance for losses">(2,005,127</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="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: 30pt; 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_988_ecustom--MortgageLoansOnRealEstateAndConstructionDiscount_iI_c20201231_zcfkCtCJ8sc9" style="border-bottom: Black 1pt solid; text-align: right" title="Mortgage loans on real estate and construction, Discount">(1,260,896</td><td style="padding-bottom: 1pt; text-align: left">)</td><td style="padding-bottom: 1pt"> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="text-align: left"> </td><td style="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_981_eus-gaap--MortgageLoansOnRealEstateCommercialAndConsumerNet_iI_pp0p0_c20201231_zLqlR24hTggb" style="border-bottom: Black 2.5pt double; text-align: right" title="Mortgage loans on real estate and construction">249,343,936</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="text-align: left"> </td><td style="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: 30pt">Residential</td><td> </td> <td style="text-align: left">$</td><td id="xdx_98E_eus-gaap--RealEstateInvestments_iI_c20201231__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember_zHFkBHDJh2Dk" style="text-align: right" title="Real estate held for investment, net of depreciation">24,843,743</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="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: 30pt; 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_98E_eus-gaap--RealEstateInvestments_iI_c20201231__us-gaap--FinancialInstrumentAxis__custom--CommercialMember_zY5gKIp9mYP6" style="border-bottom: Black 1pt solid; text-align: right" title="Real estate held for investment, net of depreciation">106,840,710</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="text-align: left"> </td><td style="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_980_eus-gaap--RealEstateInvestments_iI_c20201231_zxWQLh9q88w7" style="border-bottom: Black 2.5pt double; text-align: right" title="Real estate held for investment, net of depreciation">131,684,453</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="text-align: left"> </td><td style="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 style="padding-left: 30pt">Residential</td><td> </td> <td style="text-align: left">$</td><td id="xdx_983_eus-gaap--RealEstateHeldforsale_iI_c20201231__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember_zC92i0lK4B5l" style="text-align: right" title="Real estate held for sale">3,478,254</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="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: 30pt; 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_eus-gaap--RealEstateHeldforsale_iI_c20201231__us-gaap--FinancialInstrumentAxis__custom--CommercialMember_zXeyrDyIEkw2" style="border-bottom: Black 1pt solid; text-align: right" title="Real estate held for sale">4,400,553</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="text-align: left"> </td><td style="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_c20201231_z7bjSuofPb8c" style="border-bottom: Black 2.5pt double; text-align: right" title="Real estate held for sale">7,878,807</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="text-align: left"> </td><td style="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: 30pt; text-align: left">Policy loans</td><td> </td> <td style="text-align: left">$</td><td id="xdx_984_ecustom--PolicyLoansAmortizedCost_iI_c20201231_z0cYkrHLi9R6" style="text-align: right" title="Policy loans">14,171,589</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="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: 30pt; text-align: left">Insurance assignments</td><td> </td> <td style="text-align: left"> </td><td id="xdx_982_ecustom--InsuranceAssignmentsAmortizedCost_iI_c20201231_zScaaZaw2ldd" style="text-align: right" title="Insurance assignments">53,231,131</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="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: 30pt; text-align: left">Federal Home Loan Bank stock <span id="xdx_F40_zfBLXEZFgJlb">(1)</span></td><td> </td> <td style="text-align: left"> </td><td id="xdx_988_ecustom--FederalHomeLoanBankStockAmortizedCost_iI_c20201231_fKDEp_zbQPslvGss2b" style="text-align: right" title="Federal home loan bank stock">2,506,600</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="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: 30pt; text-align: left">Other investments</td><td> </td> <td style="text-align: left"> </td><td id="xdx_984_ecustom--OtherInvestmentsAmortizedCost_iI_c20201231_zxbzmOI9HMY1" style="text-align: right" title="Other investments">5,432,816</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="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: 30pt; text-align: left; padding-bottom: 1pt">Less: Allowance for doubtful accounts</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98B_ecustom--AllowanceForDoubtfulAccounts_iNI_di_c20201231_z8dDgykddQ58" style="border-bottom: Black 1pt solid; text-align: right" title="Allowance for doubtful accounts">(1,645,475</td><td style="padding-bottom: 1pt; text-align: left">)</td><td style="padding-bottom: 1pt"> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="text-align: left"> </td><td style="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 policy loans and other investments</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98A_ecustom--PolicyAndOtherLoansReceivableNet1_iI_c20201231_zUb6emmfekMj" style="border-bottom: Black 2.5pt double; text-align: right" title="Total policy loans and other investments">73,696,661</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: justify; padding-bottom: 2.5pt">Accrued investment income</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98E_eus-gaap--AccruedInvestmentIncomeReceivable_iI_c20201231_z5uo8jiEFFii" style="border-bottom: Black 2.5pt double; text-align: right" title="Accrued investment income">5,360,523</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="text-align: left"> </td><td style="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_984_eus-gaap--Investments_iI_c20201231_zyfIjuUf5Ro8" style="border-bottom: Black 2.5pt double; text-align: right" title="Total investments">773,945,298</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <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: 0.2pc"><span id="xdx_F0A_zXnyZEQudTV9" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(1)</span></td> <td><span id="xdx_F16_zOH6al1xn4bj" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Includes $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNjaGVkdWxlIG9mIEZhaXIgVmFsdWUgb2YgRml4ZWQgTWF0dXJpdHkgU2VjdXJpdGllcyAoRGV0YWlscykgKFBhcmVudGhldGhpY2FsKQA_" id="xdx_904_eus-gaap--ShortTermInvestments_iI_c20201231__srt--ProductOrServiceAxis__us-gaap--MembershipMember_zFylUUD70uD2" title="Short term investment">866,900</span> of Membership stock and $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNjaGVkdWxlIG9mIEZhaXIgVmFsdWUgb2YgRml4ZWQgTWF0dXJpdHkgU2VjdXJpdGllcyAoRGV0YWlscykgKFBhcmVudGhldGhpY2FsKQA_" id="xdx_906_eus-gaap--ShortTermInvestments_iI_c20201231__srt--ProductOrServiceAxis__custom--ActivityStockDueMember_zhMueaYdgyq4" title="Short term investment">1,639,700</span> of Activity stock due to short-term advances and letters of credit.</span></td></tr> </table> 22307736 578567 22886303 4649917 212803 1989 4860731 174711061 21791370 353668 196148763 34365382 905159 161332 35109209 269214 13383 282597 236303310 23501282 516989 259287603 8275772 3626444 305802 11596414 8275772 3626444 305802 11596414 53533712 175117783 51683022 -918586 1699902 -409983 277306046 41972462 155393335 197365797 1190602 2540698 3731300 13478214 48632808 2547100 4983251 1686218 67955155 6313012 823555327 905700 1641400 42381805 1358562 43740367 5383762 312214 1261 5694715 186067912 27216496 681478 212602930 31047791 1565377 267106 32346062 269214 3391 272605 265150484 30456040 949845 294656679 9698490 2376156 750407 11324239 9698490 2376156 750407 11324239 95822448 111111777 46836866 1161132 2005127 -1260896 249343936 24843743 106840710 131684453 3478254 4400553 7878807 14171589 53231131 2506600 5432816 1645475 73696661 5360523 773945298 866900 1639700 <p id="xdx_89B_ecustom--ScheduleOfFairValueOfFixedMaturitySecuritiesTableTextBlock_zN7kJziSHmpc" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The following tables summarize unrealized losses on fixed maturities securities that were carried at estimated fair value at December 31, 2021 and at December 31, 2020. The unrealized losses were primarily related to interest rate fluctuations and uncertainties relating to COVID-19. The tables set forth unrealized losses by duration with the fair value of the related fixed maturity securities:</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> <span id="xdx_8B8_zGlxNb8ErBt8" style="display: none">Schedule of Fair Value of Fixed Maturity Securities</span></span></p> <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">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 December 31, 2021</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="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">Obligations of States and Political Subdivisions</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_984_eus-gaap--DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss_iI_c20211231__us-gaap--FinancialInstrumentAxis__us-gaap--USStatesAndPoliticalSubdivisionsMember_zSkNkVx9c5J5" style="width: 6%; text-align: right" title="Available for sale securities, unrecognized holding loss">1,989</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_989_eus-gaap--DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months_iI_c20211231__us-gaap--FinancialInstrumentAxis__us-gaap--USStatesAndPoliticalSubdivisionsMember_zVUEwgPuilcj" style="width: 6%; text-align: right" title="Available for sale securities, fair value">548,715</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_984_eus-gaap--DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss_iI_c20211231__us-gaap--FinancialInstrumentAxis__us-gaap--USStatesAndPoliticalSubdivisionsMember_zT4JJOEStUG8" style="width: 6%; text-align: right" title="Available for sale securities, unrecognized holding loss"><span style="-sec-ix-hidden: xdx2ixbrl1102">-</span></td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_988_eus-gaap--DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger_iI_c20211231__us-gaap--FinancialInstrumentAxis__us-gaap--USStatesAndPoliticalSubdivisionsMember_zbOzrwZaSMjf" style="width: 6%; text-align: right" title="Available for sale securities, fair value"><span style="-sec-ix-hidden: xdx2ixbrl1104">-</span></td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_981_eus-gaap--DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLoss_iI_c20211231__us-gaap--FinancialInstrumentAxis__us-gaap--USStatesAndPoliticalSubdivisionsMember_zTrmK3AOGOPi" style="width: 6%; text-align: right" title="Available for sale securities, unrecognized holding loss">1,989</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--DebtSecuritiesAvailableForSaleUnrealizedLossPosition_iI_c20211231__us-gaap--FinancialInstrumentAxis__us-gaap--USStatesAndPoliticalSubdivisionsMember_ziveFKvOe7d8" style="width: 6%; text-align: right" title="Available for sale securities, fair value">548,715</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">Corporate Securities</td><td> </td> <td style="text-align: left"> </td><td id="xdx_988_eus-gaap--DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss_iI_c20211231__us-gaap--FinancialInstrumentAxis__custom--CorporateSecuritiesMember_znzY6amcxvBh" style="text-align: right" title="Available for sale securities, unrecognized holding loss">73,507</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98F_eus-gaap--DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months_iI_c20211231__us-gaap--FinancialInstrumentAxis__custom--CorporateSecuritiesMember_zUX7E1cBR7E6" style="text-align: right" title="Available for sale securities, fair value">4,638,750</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_984_eus-gaap--DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss_iI_c20211231__us-gaap--FinancialInstrumentAxis__custom--CorporateSecuritiesMember_zAgMW3w8Xvv7" style="text-align: right" title="Available for sale securities, unrecognized holding loss">280,161</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_989_eus-gaap--DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger_iI_c20211231__us-gaap--FinancialInstrumentAxis__custom--CorporateSecuritiesMember_zhhc9apSJhD4" style="text-align: right" title="Available for sale securities, fair value">3,771,813</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_980_eus-gaap--DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLoss_iI_c20211231__us-gaap--FinancialInstrumentAxis__custom--CorporateSecuritiesMember_zgceFx0luuhi" style="text-align: right" title="Available for sale securities, unrecognized holding loss">353,668</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98C_eus-gaap--DebtSecuritiesAvailableForSaleUnrealizedLossPosition_iI_c20211231__us-gaap--FinancialInstrumentAxis__custom--CorporateSecuritiesMember_zvFnMTtajM6l" style="text-align: right" title="Available for sale securities, fair value">8,410,563</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_98F_eus-gaap--DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss_iI_c20211231__us-gaap--FinancialInstrumentAxis__us-gaap--MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMember_zqDcpYKC0mW3" style="border-bottom: Black 1pt solid; text-align: right" title="Available for sale securities, unrecognized holding loss">72,952</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--DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months_iI_c20211231__us-gaap--FinancialInstrumentAxis__us-gaap--MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMember_zR5fy1oFMrpj" style="border-bottom: Black 1pt solid; text-align: right" title="Available for sale securities, fair value">7,934,760</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_c20211231__us-gaap--FinancialInstrumentAxis__us-gaap--MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMember_zxqAmLWxSlGe" style="border-bottom: Black 1pt solid; text-align: right" title="Available for sale securities, unrecognized holding loss">88,380</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--DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger_iI_c20211231__us-gaap--FinancialInstrumentAxis__us-gaap--MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMember_zrk6mvP5ncUi" style="border-bottom: Black 1pt solid; text-align: right" title="Available for sale securities, fair value">1,582,804</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_98B_eus-gaap--DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLoss_iI_c20211231__us-gaap--FinancialInstrumentAxis__us-gaap--MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMember_zsrMQ6bTKNGl" style="border-bottom: Black 1pt solid; text-align: right" title="Available for sale securities, unrecognized holding loss">161,332</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--DebtSecuritiesAvailableForSaleUnrealizedLossPosition_iI_c20211231__us-gaap--FinancialInstrumentAxis__us-gaap--MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMember_zzi1WoGF7QT6" style="border-bottom: Black 1pt solid; text-align: right" title="Available for sale securities, fair value">9,517,564</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; 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_985_eus-gaap--DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss_iI_c20211231_zUzKau8mh4jj" style="border-bottom: Black 2.5pt double; text-align: right" title="Available for sale securities, unrecognized holding loss">148,448</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">$</td><td id="xdx_98C_eus-gaap--DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months_iI_c20211231_zOsmT5GrjT62" style="border-bottom: Black 2.5pt double; text-align: right" title="Available for sale securities, fair value">13,122,225</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98D_eus-gaap--DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss_iI_c20211231_zu5kJXVWljTi" style="border-bottom: Black 2.5pt double; text-align: right" title="Available for sale securities, unrecognized holding loss">368,541</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_987_eus-gaap--DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger_iI_c20211231_ztYYikV4FlI9" style="border-bottom: Black 2.5pt double; text-align: right" title="Available for sale securities, fair value">5,354,617</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98F_eus-gaap--DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLoss_iI_c20211231_zeE8OLudD4M9" style="border-bottom: Black 2.5pt double; text-align: right" title="Available for sale securities, unrecognized holding loss">516,989</td><td style="padding-bottom: 2.5pt; 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--DebtSecuritiesAvailableForSaleUnrealizedLossPosition_iI_c20211231_zIgUNsSeA1Bh" style="border-bottom: Black 2.5pt double; text-align: right" title="Available for sale securities, fair value">18,476,842</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, 2020</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="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">Obligations of States and Political Subdivisions</td><td> </td> <td style="text-align: left">$</td><td id="xdx_98B_eus-gaap--DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss_iI_c20201231__us-gaap--FinancialInstrumentAxis__us-gaap--USStatesAndPoliticalSubdivisionsMember_zTl2FCf7vRxl" style="text-align: right" title="Available for sale securities, unrecognized holding loss">1,261</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td id="xdx_98C_eus-gaap--DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months_iI_c20201231__us-gaap--FinancialInstrumentAxis__us-gaap--USStatesAndPoliticalSubdivisionsMember_z7ExwG88Z579" style="text-align: right" title="Available for sale securities, fair value">206,812</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td id="xdx_98B_eus-gaap--DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss_iI_c20201231__us-gaap--FinancialInstrumentAxis__us-gaap--USStatesAndPoliticalSubdivisionsMember_z80j0CE8W3Ye" style="text-align: right" title="Available for sale securities, unrecognized holding loss"><span style="-sec-ix-hidden: xdx2ixbrl1150">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td id="xdx_98A_eus-gaap--DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger_iI_c20201231__us-gaap--FinancialInstrumentAxis__us-gaap--USStatesAndPoliticalSubdivisionsMember_zHX7io5KOLkc" style="text-align: right" title="Available for sale securities, fair value"><span style="-sec-ix-hidden: xdx2ixbrl1152">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td id="xdx_983_eus-gaap--DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLoss_iI_c20201231__us-gaap--FinancialInstrumentAxis__us-gaap--USStatesAndPoliticalSubdivisionsMember_zsksVkd9dk87" style="text-align: right" title="Available for sale securities, unrecognized holding loss">1,261</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td id="xdx_98B_eus-gaap--DebtSecuritiesAvailableForSaleUnrealizedLossPosition_iI_c20201231__us-gaap--FinancialInstrumentAxis__us-gaap--USStatesAndPoliticalSubdivisionsMember_zYbILKdvMWv6" style="text-align: right" title="Available for sale securities, fair value">206,812</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Corporate Securities</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98B_eus-gaap--DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss_iI_c20201231__us-gaap--FinancialInstrumentAxis__custom--CorporateSecuritiesMember_zbaLOZXowDO3" style="text-align: right" title="Available for sale securities, unrecognized holding loss">242,596</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98D_eus-gaap--DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months_iI_c20201231__us-gaap--FinancialInstrumentAxis__custom--CorporateSecuritiesMember_z6JiAFn6Pi7j" style="text-align: right" title="Available for sale securities, fair value">9,919,298</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98C_eus-gaap--DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss_iI_c20201231__us-gaap--FinancialInstrumentAxis__custom--CorporateSecuritiesMember_zcYs2r7UooT" style="text-align: right" title="Available for sale securities, unrecognized holding loss">438,882</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_983_eus-gaap--DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger_iI_c20201231__us-gaap--FinancialInstrumentAxis__custom--CorporateSecuritiesMember_zQIUclLQItCf" style="text-align: right" title="Available for sale securities, fair value">2,593,026</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98F_eus-gaap--DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLoss_iI_c20201231__us-gaap--FinancialInstrumentAxis__custom--CorporateSecuritiesMember_z6nZ3CRiy98h" style="text-align: right" title="Available for sale securities, unrecognized holding loss">681,478</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_987_eus-gaap--DebtSecuritiesAvailableForSaleUnrealizedLossPosition_iI_c20201231__us-gaap--FinancialInstrumentAxis__custom--CorporateSecuritiesMember_ztkffLZUE7T8" style="text-align: right" title="Available for sale securities, fair value">12,512,324</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_98D_eus-gaap--DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss_iI_c20201231__us-gaap--FinancialInstrumentAxis__us-gaap--MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMember_zov6eEjC60mc" style="border-bottom: Black 1pt solid; text-align: right" title="Available for sale securities, unrecognized holding loss">266,522</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--DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months_iI_c20201231__us-gaap--FinancialInstrumentAxis__us-gaap--MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMember_zuSp9ze468f" style="border-bottom: Black 1pt solid; text-align: right" title="Available for sale securities, fair value">3,455,574</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--DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss_iI_c20201231__us-gaap--FinancialInstrumentAxis__us-gaap--MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMember_zirZXbL1Zije" style="border-bottom: Black 1pt solid; text-align: right" title="Available for sale securities, unrecognized holding loss">584</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--DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger_iI_c20201231__us-gaap--FinancialInstrumentAxis__us-gaap--MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMember_zVdKeeZpF5j2" style="border-bottom: Black 1pt solid; text-align: right" title="Available for sale securities, fair value">51,961</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_98A_eus-gaap--DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLoss_iI_c20201231__us-gaap--FinancialInstrumentAxis__us-gaap--MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMember_zr54uQDv3KJe" style="border-bottom: Black 1pt solid; text-align: right" title="Available for sale securities, unrecognized holding loss">267,106</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_c20201231__us-gaap--FinancialInstrumentAxis__us-gaap--MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMember_zIxwTS95fsRf" style="border-bottom: Black 1pt solid; text-align: right" title="Available for sale securities, fair value">3,507,535</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; 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_98C_eus-gaap--DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss_iI_c20201231_zWT3UsGnbfXb" style="border-bottom: Black 2.5pt double; text-align: right" title="Available for Sale Securities, Unrealized Losses for Less than Twelve Months">510,379</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_987_eus-gaap--DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months_iI_c20201231_zEAnTUd2zKcd" style="border-bottom: Black 2.5pt double; text-align: right" title="Available for Sale Securities, Unrealized Losses for Less than Twelve Months Fair Value">13,581,684</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_987_eus-gaap--DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss_iI_c20201231_zOHwd12fOCe5" style="border-bottom: Black 2.5pt double; text-align: right" title="Available for Sale Securities, Unrealized Losses for More than Twelve Months">439,466</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_987_eus-gaap--DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger_iI_c20201231_zwELynvZ7qfd" style="border-bottom: Black 2.5pt double; text-align: right" title="Available for Sale Securities, Unrealized Losses for More than Twelve Months Fair Value">2,644,987</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98E_eus-gaap--DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLoss_iI_c20201231_znDr8JtnKIy8" style="border-bottom: Black 2.5pt double; text-align: right" title="Available for Sale Securities, Unrealized Losses">949,845</td><td style="padding-bottom: 2.5pt; 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--DebtSecuritiesAvailableForSaleUnrealizedLossPosition_iI_c20201231_zdap0EyOpsV3" style="border-bottom: Black 2.5pt double; text-align: right" title="Available for Sale Securities, Fair Value">16,226,671</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> 1989 548715 1989 548715 73507 4638750 280161 3771813 353668 8410563 72952 7934760 88380 1582804 161332 9517564 148448 13122225 368541 5354617 516989 18476842 1261 206812 1261 206812 242596 9919298 438882 2593026 681478 12512324 266522 3455574 584 51961 267106 3507535 510379 13581684 439466 2644987 949845 16226671 0.973 0.947 39502 370975 <p id="xdx_89E_ecustom--ScheduleOfEarningsOnFixedMaturitySecuritiesTableTextBlock_zqTQ0nKzsmwk" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The following table presents a rollforward of the Company’s cumulative other than temporary credit impairments (“OTTI”) recognized in earnings on fixed maturity securities available for sale.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> <span id="xdx_8B0_zTcFfWe3qJy9" style="display: none">Schedule of Earnings on Fixed Maturity Securities</span></span></p> <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_494_20210101__20211231_zvQvtLobZn3b" style="border-bottom: Black 1pt solid; text-align: center">2021</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_49C_20200101__20201231_zTnm1UkQ47gj" style="border-bottom: Black 1pt solid; text-align: center">2020</td><td style="padding-bottom: 1pt"> </td></tr> <tr id="xdx_40F_eus-gaap--OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCreditLossesOnDebtSecuritiesHeld_iS_zYLjb15h9Wtk" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 60%; 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">370,975</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"><span style="-sec-ix-hidden: xdx2ixbrl1205">-</span></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 style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="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><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_z0sbNnPt6erb" 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">39,502</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">370,975</td><td style="text-align: left"> </td></tr> <tr id="xdx_408_eus-gaap--OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsAdditionsAdditionalCreditLosses_zWaDt0qgRXye" 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"><span style="-sec-ix-hidden: xdx2ixbrl1210"> </span></td><td style="text-align: right">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"><span style="-sec-ix-hidden: xdx2ixbrl1211"> </span></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></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><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_zHK00HrUiczk" 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">(145,500</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"><span style="-sec-ix-hidden: xdx2ixbrl1214"> </span></td><td style="text-align: right">-</td><td style="text-align: left"> </td></tr> <tr id="xdx_40E_eus-gaap--OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsReductionsCashFlows_zN3HNQ7D7UKe" 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"><span style="-sec-ix-hidden: xdx2ixbrl1216"> </span></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"><span style="-sec-ix-hidden: xdx2ixbrl1217"> </span></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><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_eus-gaap--OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCreditLossesOnDebtSecuritiesHeld_iE_z3PektxmoIH1" 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 December 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">264,977</td><td style="padding-bottom: 2.5pt; 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">370,975</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> 370975 39502 370975 145500 264977 370975 <p id="xdx_898_eus-gaap--InvestmentsClassifiedByContractualMaturityDateTableTextBlock_zVyud1MAM8X4" style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin: 0pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The following table presents the amortized cost and estimated fair value of fixed maturity securities available for sale at December 31, 2021, 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.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> <span id="xdx_8BF_zu4xFESHH1Nd" style="display: none">Schedule of Investments Classified by Contractual Maturity Date</span></span></p> <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: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">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">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_98E_eus-gaap--AvailableForSaleDebtSecuritiesAmortizedCostBasis_iI_c20211231__us-gaap--LeaseContractualTermAxis__custom--DueInOneYearMember_zAdg81W19c16" style="width: 16%; text-align: right" title="Amortized cost">68,966</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--AvailableForSaleSecuritiesDebtSecuritiesCurrent_iI_c20211231__us-gaap--LeaseContractualTermAxis__custom--DueInOneYearMember_zs3FOUYkTvra" style="width: 16%; text-align: right" title="Estimated fair value">70,024</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_981_eus-gaap--AvailableForSaleDebtSecuritiesAmortizedCostBasis_iI_c20211231__us-gaap--LeaseContractualTermAxis__custom--DueInTwoToFiveYearsMember_zvqNZE6GWu05" style="text-align: right" title="Amortized cost">62,958,696</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98E_eus-gaap--AvailableForSaleSecuritiesDebtSecuritiesCurrent_iI_c20211231__us-gaap--LeaseContractualTermAxis__custom--DueInTwoToFiveYearsMember_ziL0zQiuiQif" style="text-align: right" title="Estimated fair value">65,605,915</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_987_eus-gaap--AvailableForSaleDebtSecuritiesAmortizedCostBasis_iI_c20211231__us-gaap--LeaseContractualTermAxis__custom--DueInFiveToTenYearsMember_zpg3BUucjCr1" style="text-align: right" title="Amortized cost">70,740,783</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_980_eus-gaap--AvailableForSaleSecuritiesDebtSecuritiesCurrent_iI_c20211231__us-gaap--LeaseContractualTermAxis__custom--DueInFiveToTenYearsMember_z6Bn12vJLHza" style="text-align: right" title="Estimated fair value">77,346,448</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_980_eus-gaap--AvailableForSaleDebtSecuritiesAmortizedCostBasis_iI_c20211231__us-gaap--LeaseContractualTermAxis__custom--DueInMoreThanTenYearsMember_zELMNu0VVG5k" style="text-align: right" title="Amortized cost">67,900,269</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_985_eus-gaap--AvailableForSaleSecuritiesDebtSecuritiesCurrent_iI_c20211231__us-gaap--LeaseContractualTermAxis__custom--DueInMoreThanTenYearsMember_zfeiUBcyKocj" style="text-align: right" title="Estimated fair value">80,873,410</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_989_eus-gaap--AvailableForSaleDebtSecuritiesAmortizedCostBasis_iI_c20211231__us-gaap--FinancialInstrumentAxis__us-gaap--MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMember_zjx0HbkJdhMf" style="text-align: right" title="Amortized cost">34,365,382</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_987_eus-gaap--AvailableForSaleSecuritiesDebtSecuritiesCurrent_iI_c20211231__us-gaap--FinancialInstrumentAxis__us-gaap--MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMember_zmABHFYvITGi" style="text-align: right" title="Estimated fair value">35,109,209</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_985_eus-gaap--AvailableForSaleDebtSecuritiesAmortizedCostBasis_iI_c20211231__us-gaap--FinancialInstrumentAxis__us-gaap--RedeemablePreferredStockMember_zTRDz78HPQRk" style="border-bottom: Black 1pt solid; text-align: right" title="Amortized cost">269,214</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--AvailableForSaleSecuritiesDebtSecuritiesCurrent_iI_c20211231__us-gaap--FinancialInstrumentAxis__us-gaap--RedeemablePreferredStockMember_z2Yh9ymrlULb" style="border-bottom: Black 1pt solid; text-align: right" title="Estimated fair value">282,597</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_987_eus-gaap--AvailableForSaleDebtSecuritiesAmortizedCostBasis_iI_c20211231_zUl8UgjCtG7b" style="border-bottom: Black 2.5pt double; text-align: right" title="Amortized cost">236,303,310</td><td style="padding-bottom: 2.5pt; 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--AvailableForSaleSecuritiesDebtSecuritiesCurrent_iI_c20211231_z8MDgb8UbOX4" style="border-bottom: Black 2.5pt double; text-align: right" title="Estimated fair value">259,287,603</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> 68966 70024 62958696 65605915 70740783 77346448 67900269 80873410 34365382 35109209 269214 282597 236303310 259287603 28993126 0 27054347 <p id="xdx_89C_eus-gaap--GainLossOnInvestmentsTextBlock_zC1BbFch9OV7" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The following tables presents the net realized gains and losses from sales, calls, and maturities, unrealized gains and losses on equity securities, and other than temporary impairments from investments and other assets.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> <span id="xdx_8B3_zh8Z8HYBBAJc" style="display: none">Schedule of Gain (Loss) on Investments</span></span></p> <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: 1pt"> </td> <td colspan="2" id="xdx_498_20210101__20211231_zfayFgoXIiJ4" style="border-bottom: Black 1pt solid; text-align: center"> </td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_491_20200101__20201231_zSi1A5vMM224" style="border-bottom: Black 1pt solid; text-align: center"> </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">Years Ended December 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">2021</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">2020</td><td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: justify">Fixed maturity securities available 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></tr> <tr id="xdx_40D_eus-gaap--DebtSecuritiesAvailableForSaleRealizedGain_hus-gaap--InvestmentTypeAxis__custom--FixedMaturitySecuritiesMember_z1Ebg2Hnj0n6" 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">984,740</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">445,749</td><td style="width: 1%; text-align: left"> </td></tr> <tr id="xdx_401_eus-gaap--DebtSecuritiesAvailableForSaleRealizedLoss_iN_di_hus-gaap--InvestmentTypeAxis__custom--FixedMaturitySecuritiesMember_z2ncDog078b7" 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">(139,728</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(77,546</td><td style="text-align: left">)</td></tr> <tr id="xdx_40B_eus-gaap--OtherThanTemporaryImpairmentLossDebtSecuritiesAvailableForSale_iN_di_zEUkrxZ1a4H" style="vertical-align: bottom; background-color: White"> <td style="padding-left: 10pt; text-align: left">Other than temporary impairments</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(39,502</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(370,975</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_40E_eus-gaap--EquitySecuritiesFvNiRealizedGainLoss_hus-gaap--InvestmentTypeAxis__custom--EquitySecuritiesOneMember_zyOtwxHEwrh9" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 10pt; text-align: left">Gains on securities sold</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">390,597</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">74,836</td><td style="text-align: left"> </td></tr> <tr id="xdx_408_eus-gaap--EquitySecuritiesFvNiUnrealizedGainLoss_hus-gaap--InvestmentTypeAxis__custom--EquitySecuritiesOneMember_zegw2xJP6pu9" style="vertical-align: bottom; background-color: White"> <td style="padding-left: 10pt; text-align: left">Unrealized gains on securities held at the end of the period</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">2,732,130</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">1,125,304</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:</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: 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--OtherAssetsOneMember_zE0TwQCeGLNl" 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">4,786,535</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">2,342,418</td><td style="text-align: left"> </td></tr> <tr id="xdx_402_ecustom--GrossRealizedLosses_hus-gaap--InvestmentTypeAxis__custom--OtherAssetsOneMember_zL3VUzppkYt" style="vertical-align: bottom; background-color: White"> <td style="padding-left: 10pt; text-align: left; padding-bottom: 1pt">Gross realized losses</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">(2,489,140</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">(1,984,911</td><td style="padding-bottom: 1pt; text-align: left">)</td></tr> <tr id="xdx_40E_ecustom--FixedMaturitySecuritiesHeldToMaturity_zRj7IIDI7D02" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 20pt; 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">6,225,632</td><td style="padding-bottom: 2.5pt; 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">1,554,875</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> 984740 445749 139728 77546 39502 370975 390597 74836 2732130 1125304 4786535 2342418 -2489140 -1984911 6225632 1554875 <p id="xdx_89C_ecustom--ScheduleOfMajorCategoriesOfNetInvestmentIncomeTableTextBlock_zvT9RTDmZwJk" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Information regarding sales of fixed maturity securities available for sale is presented as follows.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span><span id="xdx_8B6_zavhKMfg2KW6" style="display: none">Schedule of Major Categories of Net Investment Income</span></span></p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 60%"> <tr style="display: none; vertical-align: bottom"> <td> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_496_20210101__20211231_zJfNjHKVRxJ2" style="border-bottom: Black 1pt solid; text-align: center"> </td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_49E_20200101__20201231_zIw5Gk3crewl" style="border-bottom: Black 1pt solid; text-align: center"> </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">Years Ended December 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">2021</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">2020</td><td style="padding-bottom: 1pt"> </td></tr> <tr id="xdx_401_ecustom--ProceedsReceivedFromSaleOfFixedMaturityAvailableForSaleSecurities_zemvFRnKZH61" 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">2,896,351</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">5,477,438</td><td style="width: 1%; text-align: left"> </td></tr> <tr id="xdx_405_eus-gaap--DebtSecuritiesAvailableForSaleRealizedGain_z4XOQbiiZC84" 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">208,698</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">358,236</td><td style="text-align: left"> </td></tr> <tr id="xdx_403_eus-gaap--DebtSecuritiesAvailableForSaleRealizedLoss_iN_di_z7os5CYvPHPb" 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">(4,046</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(21,137</td><td style="text-align: left">)</td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">SECURITY NATIONAL FINANCIAL CORPORATION</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">AND SUBSIDIARIES</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Notes to Consolidated Financial Statements</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Years Ended December 31, 2021 and 2020</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">2) <span style="text-decoration: underline">Investments</span> (Continued)</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Major categories of net investment income were as follows:</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <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: 1pt"> </td> <td colspan="2" id="xdx_496_20210101__20211231_zkgISZVFELgg" style="border-bottom: Black 1pt solid; text-align: center"> </td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_490_20200101__20201231_zlQfplrHcdlc" style="border-bottom: Black 1pt solid; text-align: center"> </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">Years Ended December 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">2021</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">2020</td><td style="padding-bottom: 1pt"> </td></tr> <tr id="xdx_402_ecustom--GrossInvestmentIncome_hus-gaap--FinancialInstrumentAxis__custom--FixedMaturitySecuritiesMember_zgpVNinzIN" 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">10,769,979</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">12,233,394</td><td style="width: 1%; text-align: left"> </td></tr> <tr id="xdx_405_ecustom--GrossInvestmentIncome_hus-gaap--FinancialInstrumentAxis__custom--EquitySecurities1Member_z5xtW88B9zsa" 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">446,337</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">642,433</td><td style="text-align: left"> </td></tr> <tr id="xdx_40B_ecustom--GrossInvestmentIncome_hus-gaap--FinancialInstrumentAxis__custom--MortgageLoansRealEstateMember_ztUhIVDOYBrd" 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">28,758,614</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">25,672,746</td><td style="text-align: left"> </td></tr> <tr id="xdx_403_ecustom--GrossInvestmentIncome_hus-gaap--FinancialInstrumentAxis__custom--RealEstate1Member_zDJMwwajGbld" 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">12,334,989</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">11,945,401</td><td style="text-align: left"> </td></tr> <tr id="xdx_40D_ecustom--GrossInvestmentIncome_hus-gaap--FinancialInstrumentAxis__custom--PolicyStudentAndOtherLoansMember_zkt3CLLwSpk2" 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">940,890</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">1,025,179</td><td style="text-align: left"> </td></tr> <tr id="xdx_40A_ecustom--GrossInvestmentIncome_hus-gaap--FinancialInstrumentAxis__custom--InsuranceAssignmentsMember_zfQtzevHs9Qk" 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">19,062,052</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">17,837,578</td><td style="text-align: left"> </td></tr> <tr id="xdx_40F_ecustom--GrossInvestmentIncome_hus-gaap--FinancialInstrumentAxis__custom--OtherInvestments1Member_z3fqJqQABARa" 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">131,145</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">126,013</td><td style="text-align: left"> </td></tr> <tr id="xdx_408_ecustom--GrossInvestmentIncome_hus-gaap--FinancialInstrumentAxis__custom--CashAndCashEquivalents1Member_zkOC9BmSjis" style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 1pt">Cash and cash equivalents</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">235,470</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">426,623</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_400_ecustom--GrossInvestmentIncome_i_pp0p0" 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">72,679,476</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">69,909,367</td><td style="text-align: left"> </td></tr> <tr id="xdx_40F_eus-gaap--InvestmentIncomeInvestmentExpense_iN_pp0p0_di_z8MP4ataQ3N3" style="vertical-align: bottom; background-color: White"> <td style="text-align: justify; padding-bottom: 1pt">Investment expenses</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">(14,414,793</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">(13,579,564</td><td style="padding-bottom: 1pt; text-align: left">)</td></tr> <tr id="xdx_408_eus-gaap--NetInvestmentIncome_i_pp0p0" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: justify; padding-bottom: 2.5pt">Net investment income</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">58,264,683</td><td style="padding-bottom: 2.5pt; 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">56,329,803</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> 2896351 5477438 208698 358236 4046 21137 10769979 12233394 446337 642433 28758614 25672746 12334989 11945401 940890 1025179 19062052 17837578 131145 126013 235470 426623 72679476 69909367 14414793 13579564 58264683 56329803 1472295 676313 101681853 9684409 134251205 71517902 85663148 46153283 2028378 897980 <p id="xdx_89B_eus-gaap--RealEstateInvestmentFinancialStatementsDisclosureTextBlock_zeFetPZaX0zg" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Company’s commercial real estate held for investment is summarized as follows:</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> <span id="xdx_8BD_zWJ86SI44DRe" style="display: none">Schedule of Commercial Real Estate Investment</span></span></p> <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> </td> <td colspan="6" style="text-align: center">Net Ending Balance</td><td> </td><td> </td> <td colspan="6" style="text-align: center">Total Square Footage</td><td> </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">December 31</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</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">2021</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">2020</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">2021</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">2020</td><td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 36%">Utah <span id="xdx_F44_z1hIEvLlTbLl">(1)</span></td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_98C_eus-gaap--RealEstateInvestmentPropertyNet_iI_pp0p0_c20211231__srt--StatementGeographicalAxis__stpr--UT__us-gaap--InvestmentTypeAxis__custom--CommercialRealEstateOneMember_fKDEp_z6cmyM8eim84" style="width: 12%; text-align: right" title="Real estate held for investment (net of accumulated depreciation)">150,105,948</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_98F_eus-gaap--RealEstateInvestmentPropertyNet_iI_pp0p0_c20201231__srt--StatementGeographicalAxis__stpr--UT__us-gaap--InvestmentTypeAxis__custom--CommercialRealEstateOneMember_fKDEp_zDZiNhhRdT69" style="width: 12%; text-align: right" title="Real estate held for investment (net of accumulated depreciation)">100,927,528</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_ecustom--TotalSquareFootage_iI_uSqft_c20211231__srt--StatementGeographicalAxis__stpr--UT__us-gaap--InvestmentTypeAxis__custom--CommercialRealEstateOneMember_fKDEp_zfDf8SNMPXQ" style="width: 12%; text-align: right" title="Total square footage">675,920</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_987_ecustom--TotalSquareFootage_iI_uSqft_c20201231__srt--StatementGeographicalAxis__stpr--UT__us-gaap--InvestmentTypeAxis__custom--CommercialRealEstateOneMember_fKDEp_zZ1l3do6BvSg" style="width: 12%; text-align: right" title="Total square footage">379,066</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_984_eus-gaap--RealEstateInvestmentPropertyNet_iI_pp0p0_c20211231__srt--StatementGeographicalAxis__stpr--LA__us-gaap--InvestmentTypeAxis__custom--CommercialRealEstateOneMember_zXCk1Gmqn8za" style="text-align: right" title="Real estate held for investment (net of accumulated depreciation)">2,426,612</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98F_eus-gaap--RealEstateInvestmentPropertyNet_iI_pp0p0_c20201231__srt--StatementGeographicalAxis__stpr--LA__us-gaap--InvestmentTypeAxis__custom--CommercialRealEstateOneMember_za012LiBG" style="text-align: right" title="Real estate held for investment (net of accumulated depreciation)">2,998,684</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98A_ecustom--TotalSquareFootage_iI_uSqft_c20211231__srt--StatementGeographicalAxis__stpr--LA__us-gaap--InvestmentTypeAxis__custom--CommercialRealEstateOneMember_zbFVsUPlqCo8" 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_982_ecustom--TotalSquareFootage_iI_uSqft_c20201231__srt--StatementGeographicalAxis__stpr--LA__us-gaap--InvestmentTypeAxis__custom--CommercialRealEstateOneMember_z10ZIyFUqgD" style="text-align: right" title="Total square footage">84,841</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_980_eus-gaap--RealEstateInvestmentPropertyNet_iI_pp0p0_c20211231__srt--StatementGeographicalAxis__stpr--MS__us-gaap--InvestmentTypeAxis__custom--CommercialRealEstateOneMember_zg8cRvPdQrhi" style="border-bottom: Black 1pt solid; text-align: right" title="Real estate held for investment (net of accumulated depreciation)">2,860,775</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--RealEstateInvestmentPropertyNet_iI_pp0p0_c20201231__srt--StatementGeographicalAxis__stpr--MS__us-gaap--InvestmentTypeAxis__custom--CommercialRealEstateOneMember_zSRJHMbVVVrl" style="border-bottom: Black 1pt solid; text-align: right" title="Real estate held for investment (net of accumulated depreciation)">2,914,498</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_ecustom--TotalSquareFootage_iI_uSqft_c20211231__srt--StatementGeographicalAxis__stpr--MS__us-gaap--InvestmentTypeAxis__custom--CommercialRealEstateOneMember_zKwsRTwf94q3" 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="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_986_ecustom--TotalSquareFootage_iI_uSqft_c20201231__srt--StatementGeographicalAxis__stpr--MS__us-gaap--InvestmentTypeAxis__custom--CommercialRealEstateOneMember_zd6g9zAF2nMl" style="border-bottom: Black 1pt solid; text-align: right" title="Total square footage">21,521</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_987_eus-gaap--RealEstateInvestmentPropertyNet_iI_pp0p0_c20211231__us-gaap--InvestmentTypeAxis__custom--CommercialRealEstateOneMember_zXQ64l5oiIdb" style="border-bottom: Black 2.5pt double; text-align: right" title="Real estate held for investment (net of accumulated depreciation)">155,393,335</td><td style="padding-bottom: 2.5pt; 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--RealEstateInvestmentPropertyNet_iI_pp0p0_c20201231__us-gaap--InvestmentTypeAxis__custom--CommercialRealEstateOneMember_zH6HTg4J1DR8" style="border-bottom: Black 2.5pt double; text-align: right" title="Real estate held for investment (net of accumulated depreciation)">106,840,710</td><td style="padding-bottom: 2.5pt; 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_c20211231__us-gaap--InvestmentTypeAxis__custom--CommercialRealEstateOneMember_zLLQ5F637lv8" style="border-bottom: Black 2.5pt double; text-align: right" title="Total square footage">727,392</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_98D_ecustom--TotalSquareFootage_iI_uSqft_c20201231__us-gaap--InvestmentTypeAxis__custom--CommercialRealEstateOneMember_zpeTvZkyEsoc" style="border-bottom: Black 2.5pt double; text-align: right" title="Total square footage">485,428</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <div style="width: 15%"><div style="border-top: Black 1pt solid; font-size: 1pt"> </div></div> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"/></p> <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: 0.2pc"><span id="xdx_F09_ztmbrUmbxF69" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(1)</span></td> <td><span id="xdx_F1C_z4tEADYSF2R7" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Includes Center53 phase 1 and phase 2</span></td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Company’s commercial real estate held for sale is summarized as follows:</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <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> </td> <td colspan="6" style="text-align: center">Net Ending Balance</td><td> </td><td> </td> <td colspan="6" style="text-align: center">Total Square Footage</td><td> </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">December 31</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</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">2021</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">2020</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">2021</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">2020</td><td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 36%">Kansas</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_98C_eus-gaap--RealEstateHeldforsale_iI_pp0p0_c20211231__srt--StatementGeographicalAxis__stpr--KS__us-gaap--InvestmentTypeAxis__custom--CommercialRealEstateOneMember_zUKb4UMclqI1" style="width: 12%; text-align: right" title="Real estate held for sale">2,000,000</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--RealEstateHeldforsale_iI_pp0p0_c20201231__srt--StatementGeographicalAxis__stpr--KS__us-gaap--InvestmentTypeAxis__custom--CommercialRealEstateOneMember_zZCkhGUnEVJ9" style="width: 12%; text-align: right" title="Real estate held for sale">4,000,000</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--SquareFootage_iI_uSqft_c20211231__srt--StatementGeographicalAxis__stpr--KS__us-gaap--InvestmentTypeAxis__custom--CommercialRealEstateOneMember_ze7vJNImzJBh" style="width: 12%; text-align: right" title="Total square footage">222,679</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_98E_ecustom--SquareFootage_iI_uSqft_c20201231__srt--StatementGeographicalAxis__stpr--KS__us-gaap--InvestmentTypeAxis__custom--CommercialRealEstateOneMember_zqulLLOCJxO5" style="width: 12%; text-align: right" title="Total square footage">222,679</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_988_eus-gaap--RealEstateHeldforsale_iI_pp0p0_c20211231__srt--StatementGeographicalAxis__stpr--LA__us-gaap--InvestmentTypeAxis__custom--CommercialRealEstateOneMember_zrsLuokta71i" style="text-align: right" title="Real estate held for sale">389,145</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98E_eus-gaap--RealEstateHeldforsale_iI_pp0p0_c20201231__srt--StatementGeographicalAxis__stpr--LA__us-gaap--InvestmentTypeAxis__custom--CommercialRealEstateOneMember_zzilzlo9L344" style="text-align: right" title="Real estate held for sale"><span style="-sec-ix-hidden: xdx2ixbrl1393">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_980_ecustom--SquareFootage_iI_uSqft_c20211231__srt--StatementGeographicalAxis__stpr--LA__us-gaap--InvestmentTypeAxis__custom--CommercialRealEstateOneMember_ziedUYSFXhe2" style="text-align: right" title="Total square footage">2,872</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_980_ecustom--SquareFootage_iI_uSqft_c20201231__srt--StatementGeographicalAxis__stpr--LA__us-gaap--InvestmentTypeAxis__custom--CommercialRealEstateOneMember_zInJN8Descr7" style="text-align: right" title="Total square footage"><span style="-sec-ix-hidden: xdx2ixbrl1397">-</span></td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td>Mississippi <span id="xdx_F4B_z2fZeMkiWT6k">(1)</span></td><td> </td> <td style="text-align: left"> </td><td id="xdx_98E_eus-gaap--RealEstateHeldforsale_iI_pp0p0_c20211231__srt--StatementGeographicalAxis__stpr--MS__us-gaap--InvestmentTypeAxis__custom--CommercialRealEstateOneMember_zIhZYaOjVBJb" style="text-align: right" title="Real estate held for sale">151,553</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_981_eus-gaap--RealEstateHeldforsale_iI_pp0p0_c20201231__srt--StatementGeographicalAxis__stpr--MS__us-gaap--InvestmentTypeAxis__custom--CommercialRealEstateOneMember_z0SS6AF4ELXk" style="text-align: right" title="Real estate held for sale">151,553</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_984_ecustom--SquareFootage_iI_uSqft_c20211231__srt--StatementGeographicalAxis__stpr--MS__us-gaap--InvestmentTypeAxis__custom--CommercialRealEstateOneMember_zdrKYU9EdS53" style="text-align: right" title="Total square footage"><span style="-sec-ix-hidden: xdx2ixbrl1403">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98E_ecustom--SquareFootage_iI_uSqft_c20201231__srt--StatementGeographicalAxis__stpr--MS__us-gaap--InvestmentTypeAxis__custom--CommercialRealEstate1Member_zFS0dUAJCj34" style="text-align: right" title="Total square footage">12,300</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-bottom: 1pt">Texas <span id="xdx_F41_z84AyB6N1jIh">(2)</span></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 id="xdx_981_eus-gaap--RealEstateHeldforsale_iI_pp0p0_c20201231__srt--StatementGeographicalAxis__stpr--TX__us-gaap--InvestmentTypeAxis__custom--CommercialRealEstateOneMember_fKDEp_zvsMvfJk1X2g" style="border-bottom: Black 1pt solid; text-align: right" title="Real estate held for sale">249,000</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_ecustom--SquareFootage_iI_uSqft_c20211231__srt--StatementGeographicalAxis__stpr--TX__us-gaap--InvestmentTypeAxis__custom--CommercialRealEstateOneMember_fKDEp_zXICQmoUi481" style="border-bottom: Black 1pt solid; text-align: right" title="Total square footage"><span style="-sec-ix-hidden: xdx2ixbrl1409">-</span></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_ecustom--SquareFootage_iI_uSqft_c20201231__srt--StatementGeographicalAxis__stpr--TX__us-gaap--InvestmentTypeAxis__custom--CommercialRealEstateOneMember_fKDEp_zshQm9kFyqvj" style="border-bottom: Black 1pt solid; text-align: right" title="Total square footage"><span style="-sec-ix-hidden: xdx2ixbrl1411">-</span></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="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_980_eus-gaap--RealEstateHeldforsale_iI_pp0p0_c20211231__us-gaap--InvestmentTypeAxis__custom--CommercialRealEstateOneMember_z02isbfvmjG2" style="border-bottom: Black 2.5pt double; text-align: right" title="Real estate held for sale">2,540,698</td><td style="padding-bottom: 2.5pt; 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--RealEstateHeldforsale_iI_pp0p0_c20201231__us-gaap--InvestmentTypeAxis__custom--CommercialRealEstateOneMember_zkNCFai909Jj" style="border-bottom: Black 2.5pt double; text-align: right">4,400,553</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_989_ecustom--SquareFootage_iI_uSqft_c20211231__us-gaap--InvestmentTypeAxis__custom--CommercialRealEstateOneMember_zUFsQzUidZP1" style="border-bottom: Black 2.5pt double; text-align: right" title="Total square footage">225,551</td><td style="padding-bottom: 2.5pt; 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_ecustom--SquareFootage_iI_uSqft_c20201231__us-gaap--InvestmentTypeAxis__custom--CommercialRealEstateOneMember_zfXuj6LCJbh9" style="border-bottom: Black 2.5pt double; text-align: right" title="Total square footage">234,979</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <div style="width: 15%"><div style="border-top: Black 1pt solid; font-size: 1pt"> </div></div> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"/></p> <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: 0.2pc"><span id="xdx_F00_z16h7wtZPd72" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(1)</span></td> <td><span id="xdx_F15_zkcSBarQRiuc" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Approximately 93 acres of undeveloped land, in 2021, the existing building was removed</span></td></tr> </table> <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 id="xdx_F0C_zqwNs9PJaQ75" style="width: 0.2pc"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(2)</span></td> <td id="xdx_F10_z4BMsjAJ7gXe"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Improved commercial pad</span></td></tr> </table> 150105948 100927528 675920 379066 2426612 2998684 31778 84841 2860775 2914498 19694 21521 155393335 106840710 727392 485428 2000000 4000000 222679 222679 389145 2872 151553 151553 12300 249000 2540698 4400553 225551 234979 0 43394 1190602 4327079 <p id="xdx_89F_ecustom--ResidentialRealEstateInvestmentTextBlock_zxaTW9QEXjti" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Company’s residential real estate held for investment is summarized as follows:</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> <span id="xdx_8B5_zZl5dJ5I3E3" style="display: none">Schedule of Residential Real Estate Investment</span></span></p> <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: 1pt"> </td> <td colspan="2" id="xdx_497_20210101__20211231__us-gaap--CollateralAxis__us-gaap--ResidentialRealEstateMember_zbDcLNY0v1vk" style="border-bottom: Black 1pt solid; text-align: center"> </td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_49F_20200101__20201231__us-gaap--CollateralAxis__us-gaap--ResidentialRealEstateMember_zS53VVw3j6Pa" style="border-bottom: Black 1pt solid; text-align: center"> </td><td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td> </td> <td colspan="6" style="text-align: center">Net Ending Balance</td><td> </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">December 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">2021</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">2020</td><td style="padding-bottom: 1pt"> </td></tr> <tr id="xdx_40D_eus-gaap--RealEstateInvestmentPropertyNet_iE_hsrt--StatementGeographicalAxis__stpr--UT_z2jc59JysMF" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 64%">Utah <span id="xdx_F43_zUuzGdry9Uqk">(1)</span></td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 14%; text-align: right">41,686,281</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 14%; text-align: right">24,557,562</td><td style="width: 1%; text-align: left"> </td></tr> <tr id="xdx_40B_eus-gaap--RealEstateInvestmentPropertyNet_iE_hsrt--StatementGeographicalAxis__stpr--WA_zNXuOgfusdz8" style="vertical-align: bottom; background-color: White"> <td style="padding-bottom: 1pt">Washington <span id="xdx_F47_zbXNENu6eaY9">(2)</span></td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">286,181</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">286,181</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_407_eus-gaap--RealEstateInvestmentPropertyNet_iE_z1dz0Lzqk52e" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-bottom: 2.5pt"><span style="display: none; font-family: Times New Roman, Times, Serif; font-size: 10pt">Residential Real Estate Investment</span></td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">41,972,462</td><td style="padding-bottom: 2.5pt; 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">24,843,743</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0pt; margin-bottom: 0pt"/> <div style="width: 15%"><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"><span id="xdx_F06_z86ut5Kw80ya" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(1)</span></td><td style="text-align: justify"><span id="xdx_F1A_z5xe13Hv1YF2" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Including subdivision land developments</span></td> </tr></table> <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"><span id="xdx_F0A_zlxFv22o7cOb" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(2)</span></td><td style="text-align: justify"><span id="xdx_F1B_zTm7TkWJE4n2" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Improved residential lots</span></td> </tr></table> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0pt; margin-bottom: 0pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The following table presents additional information regarding the Company’s subdivision land developments in Utah.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <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: 1pt"> </td> <td colspan="2" id="xdx_491_20210101__20211231_zBLVuruLjS9j" style="border-bottom: Black 1pt solid; text-align: center"> </td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_49A_20200101__20201231_zWHjAy9TS1ak" style="border-bottom: Black 1pt solid; text-align: center"> </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">December 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">2021</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">2020</td><td style="padding-bottom: 1pt"> </td></tr> <tr id="xdx_40A_ecustom--LotsAvailableForSale_hsrt--StatementGeographicalAxis__stpr--UT__us-gaap--PropertyPlantAndEquipmentByTypeAxis__custom--LandDevelopmentsMember_zlZ5Z2baQvoi" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 64%; text-align: left">Lots available for sale</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 14%; text-align: right">67</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">36</td><td style="width: 1%; text-align: left"> </td></tr> <tr id="xdx_401_ecustom--LotsToBeDeveloped_hsrt--StatementGeographicalAxis__stpr--UT__us-gaap--PropertyPlantAndEquipmentByTypeAxis__custom--LandDevelopmentsMember_zI9KkiBezHlk" 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 style="text-align: right">548</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">350</td><td style="text-align: left"> </td></tr> <tr id="xdx_40F_eus-gaap--RealEstateInvestmentPropertyNet_iE_hsrt--StatementGeographicalAxis__stpr--UT__us-gaap--PropertyPlantAndEquipmentByTypeAxis__custom--LandDevelopmentsMember_zGEMVQLVcame" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td>Ending Balance</td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">41,479,434</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">23,777,478</td><td style="text-align: left"> </td></tr> <tr id="xdx_401_eus-gaap--RealEstateInvestmentPropertyNet_iE_hsrt--StatementGeographicalAxis__stpr--UT__us-gaap--PropertyPlantAndEquipmentByTypeAxis__custom--LandDevelopmentsMember_ziIvu9NBmpZb" style="display: none; vertical-align: bottom; background-color: rgb(204,238,255)"> <td>Residential Real Estate Investment</td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">41,479,434</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">23,777,478</td><td style="text-align: left"> </td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: center; margin-top: 0pt; margin-bottom: 0pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">SECURITY NATIONAL FINANCIAL CORPORATION</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">AND SUBSIDIARIES</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Notes to Consolidated Financial Statements</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Years Ended December 31, 2021 and 2020</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">2) <span style="text-decoration: underline">Investments</span> (Continued)</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Company’s residential real estate held for sale is summarized as follows:</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 60%"> <tr style="display: none; vertical-align: bottom"> <td> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_497_20211231_zLuV0VEmhCgi" style="border-bottom: Black 1pt solid; text-align: center"> </td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_492_20201231_zzQms3mN4zik" style="border-bottom: Black 1pt solid; text-align: center"> </td><td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td> </td> <td colspan="6" style="text-align: center">Net Ending Balance</td><td> </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">December 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">2021</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">2020</td><td style="padding-bottom: 1pt"> </td></tr> <tr id="xdx_403_eus-gaap--RealEstateHeldforsale_iI_hsrt--StatementGeographicalAxis__stpr--NV__us-gaap--InvestmentTypeAxis__custom--ResidentialRealEstateOneMember_zcLSgj0hFwy9" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 64%">Nevada</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 14%; text-align: right">979,640</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">979,640</td><td style="width: 1%; text-align: left"> </td></tr> <tr id="xdx_405_eus-gaap--RealEstateHeldforsale_iI_hsrt--StatementGeographicalAxis__stpr--TX__us-gaap--InvestmentTypeAxis__custom--ResidentialRealEstateOneMember_zBwndY2wDWai" style="vertical-align: bottom; background-color: White"> <td>Texas</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">200,962</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"><span style="-sec-ix-hidden: xdx2ixbrl1459"> </span></td><td style="text-align: right">-</td><td style="text-align: left"> </td></tr> <tr id="xdx_409_eus-gaap--RealEstateHeldforsale_iI_hsrt--StatementGeographicalAxis__stpr--OH__us-gaap--InvestmentTypeAxis__custom--ResidentialRealEstateOneMember_znCZcpNXAvhk" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td>Ohio</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">10,000</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">10,000</td><td style="text-align: left"> </td></tr> <tr id="xdx_401_eus-gaap--RealEstateHeldforsale_iI_hsrt--StatementGeographicalAxis__stpr--FL__us-gaap--InvestmentTypeAxis__custom--ResidentialRealEstateOneMember_z8dLRfjqGhNg" style="vertical-align: bottom; background-color: White"> <td>Florida</td><td> </td> <td style="text-align: left"><span style="-sec-ix-hidden: xdx2ixbrl1464"> </span></td><td style="text-align: right">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">744,322</td><td style="text-align: left"> </td></tr> <tr id="xdx_407_eus-gaap--RealEstateHeldforsale_iI_hsrt--StatementGeographicalAxis__stpr--UT__us-gaap--InvestmentTypeAxis__custom--ResidentialRealEstateOneMember_zEYNbeax8cq9" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-bottom: 1pt">Utah</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"><span style="-sec-ix-hidden: xdx2ixbrl1467"> </span></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">1,744,292</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_40E_eus-gaap--RealEstateHeldforsale_iI_hus-gaap--InvestmentTypeAxis__custom--ResidentialRealEstateOneMember_zmsnXgafD7R" style="vertical-align: bottom; background-color: White"> <td style="padding-bottom: 2.5pt"><span style="display: none; font-family: Times New Roman, Times, Serif; font-size: 10pt">Real Estate held for Sale</span></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">1,190,602</td><td style="padding-bottom: 2.5pt; 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">3,478,254</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> 41686281 24557562 286181 286181 41972462 24843743 67 36 548 350 41479434 23777478 41479434 23777478 979640 979640 200962 10000 10000 744322 1744292 1190602 3478254 <p id="xdx_89E_eus-gaap--RealEstateOwnedTextBlock_zbIzMc0nJj3k" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The primary business units of the Company occupy a portion of the commercial real estate owned by the Company. As of December 31, 2021, real estate owned and occupied by the Company is summarized as follows:</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> <span id="xdx_8BE_zln4NEDPZ52l" style="display: none">Schedule of Real Estate Owned and Occupied by the Company</span></span></p> <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">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="width: 32%; text-align: left">433 West Ascension Way, Salt Lake City, UT - Center53 Phase 2</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 id="xdx_987_ecustom--ApproximateSquareFootage_iI_uSqft_c20211231__us-gaap--StatementBusinessSegmentsAxis__custom--MortgageOperationsMember_zEWivYitxSDa" style="width: 14%; text-align: right" title="Approximate square footage">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 id="xdx_988_ecustom--SquareFootageOccupiedByTheCompany_iI_pid_dp_uPure_c20211231__us-gaap--StatementBusinessSegmentsAxis__custom--MortgageOperationsMember_zym7qdYQ83y1" style="width: 14%; text-align: right" 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</td><td> </td> <td style="text-align: left">Life Insurance Operations</td><td> </td> <td style="text-align: left"> </td><td id="xdx_988_ecustom--ApproximateSquareFootage_iI_uSqft_c20211231__us-gaap--StatementBusinessSegmentsAxis__custom--LifeInsuranceOperationsMember_zAc5jdHGTSwc" style="text-align: right" title="Approximate square footage">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_901_ecustom--SquareFootageOccupiedByTheCompany_iI_pid_dp_uPure_c20211231__us-gaap--StatementBusinessSegmentsAxis__custom--LifeInsuranceOperationsMember_zubt2qYJvKf1" title="Square footage occupied by the company">28</span></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 <span id="xdx_F44_zB5fJLHq0qK2">(1)</span></td><td> </td> <td style="text-align: left">Life Insurance Operations</td><td> </td> <td style="text-align: left"> </td><td id="xdx_988_ecustom--ApproximateSquareFootage_iI_uSqft_c20211231__us-gaap--StatementBusinessSegmentsAxis__custom--LifeInsuranceOperations1Member_fKDEp_zsdGK3gqqux5" style="text-align: right" title="Approximate square footage">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_908_ecustom--SquareFootageOccupiedByTheCompany_iI_pid_dp_uPure_c20211231__us-gaap--StatementBusinessSegmentsAxis__custom--LifeInsuranceOperations1Member_fKDEp_z4snEyT0g9Kb" title="Square footage occupied by the company">100</span></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 <span id="xdx_F46_z1ok8MMtDeZ8">(1)</span></td><td> </td> <td style="text-align: left">Life Insurance Sales</td><td> </td> <td style="text-align: left"> </td><td id="xdx_987_ecustom--ApproximateSquareFootage_iI_uSqft_c20211231__us-gaap--StatementBusinessSegmentsAxis__custom--LifeInsuranceSalesMember_fKDEp_zGgM2zEkw4Za" style="text-align: right" title="Approximate square footage">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_905_ecustom--SquareFootageOccupiedByTheCompany_iI_pid_dp_uPure_c20211231__us-gaap--StatementBusinessSegmentsAxis__custom--LifeInsuranceSalesMember_fKDEp_z2KtlmIivZJg" title="Square footage occupied by the company">100</span></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 <span id="xdx_F48_zMjv6DylZS1l">(1)</span></td><td> </td> <td style="text-align: left">Life Insurance Sales</td><td> </td> <td style="text-align: left"> </td><td id="xdx_986_ecustom--ApproximateSquareFootage_iI_uSqft_c20211231__us-gaap--StatementBusinessSegmentsAxis__custom--LifeInsuranceSales1Member_fKDEp_zL8WAdrKUID2" style="text-align: right" title="Approximate square footage">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_901_ecustom--SquareFootageOccupiedByTheCompany_iI_pid_dp_uPure_c20211231__us-gaap--StatementBusinessSegmentsAxis__custom--LifeInsuranceSales1Member_fKDEp_zf3yHqqbz2z9" title="Square footage occupied by the company">100</span></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 <span id="xdx_F4C_zgoPKKaBPZh4">(1)</span></td><td> </td> <td style="text-align: left">Life Insurance Sales</td><td> </td> <td style="text-align: left"> </td><td id="xdx_983_ecustom--ApproximateSquareFootage_iI_uSqft_c20211231__us-gaap--StatementBusinessSegmentsAxis__custom--LifeInsuranceSales2Member_fKDEp_zQPPcZZszax9" style="text-align: right" title="Approximate square footage">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_904_ecustom--SquareFootageOccupiedByTheCompany_iI_pid_dp_uPure_c20211231__us-gaap--StatementBusinessSegmentsAxis__custom--LifeInsuranceSales2Member_fKDEp_zkTnkgJ3aGS3" title="Square footage occupied by the company">100</span></td><td style="text-align: left">%</td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0pt; margin-bottom: 0pt"/> <div style="width: 15%"><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"><span id="xdx_F00_zK4BJ1lhoLXd" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(1)</span></td><td style="text-align: justify"><span id="xdx_F17_zS2siDe13Ts9" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Included in property and equipment on the consolidated balance sheets</span></td> </tr></table> 221000 0.50 19694 0.28 12274 1 8059 1 1560 1 1737 1 0.020 0.105 0.70 0.07 0.05 0.04 0.04 0.02 0.57 0.13 0.09 0.04 0.03 0.03 <p id="xdx_89E_ecustom--ScheduleOfAllowanceForLoanLossesAsAContraAssetAccount1TableTextBlock_zPBdelTdhpO3" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Company establishes a valuation allowance for credit losses in its mortgage loans held for investment portfolio. The following table presents the valuation allowance for loan losses as a contra-asset account.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> <span id="xdx_8B2_zM1oH4v4ualh" style="display: none">Schedule of Allowance for Loan Losses as Contra- Asset Account</span></span></p> <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">Commercial</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">Residential</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">Residential Construction</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: rgb(204,238,255)"> <td style="text-decoration: underline; font-weight: bold">December 31, 2021</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="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%; text-align: left">Beginning balance</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_984_eus-gaap--FinancingReceivableAllowanceForCreditLosses_iS_pp0p0_c20210101__20211231__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember_zQYeCcwOzpSk" 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">$</td><td id="xdx_98E_eus-gaap--FinancingReceivableAllowanceForCreditLosses_iS_pp0p0_c20210101__20211231__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember_zFx63ajs2MY3" style="width: 10%; text-align: right" title="Financing Receivable, Allowance for Credit Loss, Beginning">1,774,796</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_98D_eus-gaap--FinancingReceivableAllowanceForCreditLosses_iS_pp0p0_c20210101__20211231__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember_zUD4eoOwd9C" 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_982_eus-gaap--FinancingReceivableAllowanceForCreditLosses_iS_pp0p0_c20210101__20211231_zeA5Nz9UiRu4" style="width: 10%; text-align: right" title="Financing Receivable, Allowance for Credit Loss, Beginning">2,005,127</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-left: 10pt">Charge-offs</td><td> </td> <td style="text-align: left"> </td><td id="xdx_984_ecustom--AllowanceForCreditLossesChargeOffs_pdp0_c20210101__20211231__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember_zXepg1yQBTBa" style="text-align: right" title="Allowance for credit losses, Charge-offs"><span style="-sec-ix-hidden: xdx2ixbrl1526">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_980_ecustom--AllowanceForCreditLossesChargeOffs_pdp0_c20210101__20211231__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember_z5U4nQQ9LWH" style="text-align: right" title="Allowance for credit losses, Charge-offs"><span style="-sec-ix-hidden: xdx2ixbrl1528">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_981_ecustom--AllowanceForCreditLossesChargeOffs_pdp0_c20210101__20211231__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember_zBNA7FBUR9Bl" style="text-align: right" title="Allowance for credit losses, Charge-offs"><span style="-sec-ix-hidden: xdx2ixbrl1530">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_983_ecustom--AllowanceForCreditLossesChargeOffs_pdp0_c20210101__20211231_zvgxe2u5FUte" style="text-align: right" title="Allowance for credit losses, Charge-offs"><span style="-sec-ix-hidden: xdx2ixbrl1532">-</span></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">Provision</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_988_ecustom--AllowanceForCreditLossesProvision_pdp0_c20210101__20211231__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember_zl9I0hrwil6j" style="border-bottom: Black 1pt solid; text-align: right" title="Allowance for Credit Losses, Provision"><span style="-sec-ix-hidden: xdx2ixbrl1534">-</span></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_ecustom--AllowanceForCreditLossesProvision_pp0p0_c20210101__20211231__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember_zIh76zcwvjgc" style="border-bottom: Black 1pt solid; text-align: right" title="Allowance for Credit Losses, Provision">(305,225</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_ecustom--AllowanceForCreditLossesProvision_pdp0_c20210101__20211231__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember_z9rJV3ouTblf" style="border-bottom: Black 1pt solid; text-align: right" title="Allowance for Credit Losses, Provision"><span style="-sec-ix-hidden: xdx2ixbrl1538">-</span></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_ecustom--AllowanceForCreditLossesProvision_pp0p0_c20210101__20211231_zlAlWJjBj1Yh" style="border-bottom: Black 1pt solid; text-align: right" title="Allowance for Credit Losses, Provision">(305,225</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">Ending balance</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--FinancingReceivableAllowanceForCreditLosses_iE_pp0p0_c20210101__20211231__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember_zkLqpD7wFqCg" style="border-bottom: Black 2.5pt double; text-align: right" title="Financing Receivable, Allowance for Credit Loss, Ending Balance">187,129</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_986_eus-gaap--FinancingReceivableAllowanceForCreditLosses_iE_pp0p0_c20210101__20211231__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember_zXnJTjDSZHb3" style="border-bottom: Black 2.5pt double; text-align: right" title="Financing Receivable, Allowance for Credit Loss, Ending Balance">1,469,571</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_987_eus-gaap--FinancingReceivableAllowanceForCreditLosses_iE_pp0p0_c20210101__20211231__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember_zSTUugTZrK73" style="border-bottom: Black 2.5pt double; text-align: right" title="Financing Receivable, Allowance for Credit Loss, Ending Balance">43,202</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_983_eus-gaap--FinancingReceivableAllowanceForCreditLosses_iE_pp0p0_c20210101__20211231_zuvbYfi85zb9" style="border-bottom: Black 2.5pt double; text-align: right" title="Financing Receivable, Allowance for Credit Loss, Ending Balance">1,699,902</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 2.5pt">Ending balance: individually evaluated for impairment</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_986_eus-gaap--FinancingReceivableAllowanceForCreditLossesIndividuallyEvaluatedForImpairment1_iI_pdp0_c20211231__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember_zucjiIb9Sds2" style="border-bottom: Black 2.5pt double; text-align: right" title="Financing Receivable, Allowance for Credit Losses, Individually Evaluated for Impairment"><span style="-sec-ix-hidden: xdx2ixbrl1550">-</span></td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_980_eus-gaap--FinancingReceivableAllowanceForCreditLossesIndividuallyEvaluatedForImpairment1_iI_pp0p0_c20211231__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember_zmgnV4YJTNqg" style="border-bottom: Black 2.5pt double; text-align: right" title="Financing Receivable, Allowance for Credit Losses, Individually Evaluated for Impairment">105,384</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_980_eus-gaap--FinancingReceivableAllowanceForCreditLossesIndividuallyEvaluatedForImpairment1_iI_pdp0_c20211231__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember_zW8nGEi69k74" style="border-bottom: Black 2.5pt double; text-align: right" title="Financing Receivable, Allowance for Credit Losses, Individually Evaluated for Impairment"><span style="-sec-ix-hidden: xdx2ixbrl1554">-</span></td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_985_eus-gaap--FinancingReceivableAllowanceForCreditLossesIndividuallyEvaluatedForImpairment1_iI_pp0p0_c20211231_zhiCDxCAw0wc" style="border-bottom: Black 2.5pt double; text-align: right" title="Financing Receivable, Allowance for Credit Losses, Individually Evaluated for Impairment">105,384</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 2.5pt">Ending balance: collectively evaluated for impairment</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_987_eus-gaap--FinancingReceivableAllowanceForCreditLossesCollectivelyEvaluatedForImpairment_iI_pp0p0_c20211231__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember_zrHPPR07CdHc" style="border-bottom: Black 2.5pt double; text-align: right" title="Financing Receivable, Allowance for Credit Losses, Collectively Evaluated for Impairment">187,129</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_981_eus-gaap--FinancingReceivableAllowanceForCreditLossesCollectivelyEvaluatedForImpairment_iI_pp0p0_c20211231__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember_zjfbCfDjkf9i" style="border-bottom: Black 2.5pt double; text-align: right" title="Financing Receivable, Allowance for Credit Losses, Collectively Evaluated for Impairment">1,364,187</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_982_eus-gaap--FinancingReceivableAllowanceForCreditLossesCollectivelyEvaluatedForImpairment_iI_pp0p0_c20211231__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember_zcuOempacCT5" style="border-bottom: Black 2.5pt double; text-align: right" title="Financing Receivable, Allowance for Credit Losses, Collectively Evaluated for Impairment">43,202</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_984_eus-gaap--FinancingReceivableAllowanceForCreditLossesCollectivelyEvaluatedForImpairment_iI_pp0p0_c20211231_zTyEsDmblzCe" style="border-bottom: Black 2.5pt double; text-align: right" title="Financing Receivable, Allowance for Credit Losses, Collectively Evaluated for Impairment">1,594,518</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Mortgage loans:</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-bottom: 2.5pt">Ending balance</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98A_ecustom--MortgageLoans_iI_pp0p0_c20211231__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember_zX0GJIudWv4g" style="border-bottom: Black 2.5pt double; text-align: right" title="Mortgage loans">51,683,022</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_989_ecustom--MortgageLoans_iI_pp0p0_c20211231__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember_ztzgE0sqfPHd" style="border-bottom: Black 2.5pt double; text-align: right" title="Mortgage loans">53,533,712</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98A_ecustom--MortgageLoans_iI_pp0p0_c20211231__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember_zPEaO36up8re" style="border-bottom: Black 2.5pt double; text-align: right" title="Mortgage loans">175,117,783</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">$</td><td id="xdx_98A_ecustom--MortgageLoans_iI_pp0p0_c20211231_zMvD7TB2avRd" style="border-bottom: Black 2.5pt double; text-align: right" title="Mortgage loans">280,334,517</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 2.5pt">Ending balance: individually evaluated for impairment</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98C_eus-gaap--FinancingReceivableIndividuallyEvaluatedForImpairment_iI_pp0p0_c20211231__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember_zBXz504mjxM2" style="border-bottom: Black 2.5pt double; text-align: right" title="Financing Receivable, Individually Evaluated for Impairment">1,723,372</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_989_eus-gaap--FinancingReceivableIndividuallyEvaluatedForImpairment_iI_pp0p0_c20211231__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember_zcWNZRXXnXTh" style="border-bottom: Black 2.5pt double; text-align: right" title="Financing Receivable, Individually Evaluated for Impairment">2,548,656</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_987_eus-gaap--FinancingReceivableIndividuallyEvaluatedForImpairment_iI_pp0p0_c20211231__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember_zEzplySII3Al" style="border-bottom: Black 2.5pt double; text-align: right" title="Financing Receivable, Individually Evaluated for Impairment"><span style="-sec-ix-hidden: xdx2ixbrl1578">-</span></td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_984_eus-gaap--FinancingReceivableIndividuallyEvaluatedForImpairment_iI_pp0p0_c20211231_zoPOcpKQtBYg" style="border-bottom: Black 2.5pt double; text-align: right" title="Financing Receivable, Individually Evaluated for Impairment">4,272,028</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 2.5pt">Ending balance: collectively evaluated for impairment</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98F_eus-gaap--FinancingReceivableCollectivelyEvaluatedForImpairment_iI_pp0p0_c20211231__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember_zSBbm2brwQS8" style="border-bottom: Black 2.5pt double; text-align: right" title="Financing Receivable, Collectively Evaluated for Impairment">49,959,650</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_988_eus-gaap--FinancingReceivableCollectivelyEvaluatedForImpairment_iI_pp0p0_c20211231__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember_zZs20VxMaIF2" style="border-bottom: Black 2.5pt double; text-align: right" title="Financing Receivable, Collectively Evaluated for Impairment">50,985,056</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98C_eus-gaap--FinancingReceivableCollectivelyEvaluatedForImpairment_iI_pp0p0_c20211231__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember_zxiOxWPU89Ak" style="border-bottom: Black 2.5pt double; text-align: right" title="Financing Receivable, Collectively Evaluated for Impairment">175,117,783</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_98A_eus-gaap--FinancingReceivableCollectivelyEvaluatedForImpairment_iI_pp0p0_c20211231_zASw6IUXRc11" style="border-bottom: Black 2.5pt double; text-align: right" title="Financing Receivable, Collectively Evaluated for Impairment">2,760,162,489</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-decoration: underline; font-weight: bold">December 31, 2020</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="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="text-align: left">Beginning balance</td><td> </td> <td style="text-align: left">$</td><td id="xdx_98E_eus-gaap--FinancingReceivableAllowanceForCreditLosses_iS_pp0p0_c20200101__20201231__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember_zylQ5WKJX0Qh" 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">$</td><td id="xdx_982_eus-gaap--FinancingReceivableAllowanceForCreditLosses_iS_pp0p0_c20200101__20201231__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember_zgk30jCjQToa" style="text-align: right" title="Financing Receivable, Allowance for Credit Loss, Beginning">1,222,706</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td id="xdx_98B_eus-gaap--FinancingReceivableAllowanceForCreditLosses_iS_pp0p0_c20200101__20201231__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember_zr8Cw7hSljb5" 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_988_eus-gaap--FinancingReceivableAllowanceForCreditLosses_iS_pp0p0_c20200101__20201231_zdJgFpr8Xwk5" style="text-align: right" title="Financing Receivable, Allowance for Credit Loss, Beginning">1,453,037</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-left: 10pt">Charge-offs</td><td> </td> <td style="text-align: left"> </td><td id="xdx_984_ecustom--AllowanceForCreditLossesChargeOffs_pdp0_c20200101__20201231__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember_zKJUci8bC9e3" style="text-align: right" title="Allowance for credit losses, Charge-offs"><span style="-sec-ix-hidden: xdx2ixbrl1598">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98F_ecustom--AllowanceForCreditLossesChargeOffs_pdp0_c20200101__20201231__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember_zKnmyEhgXqub" style="text-align: right" title="Allowance for credit losses, Charge-offs"><span style="-sec-ix-hidden: xdx2ixbrl1600">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_988_ecustom--AllowanceForCreditLossesChargeOffs_pp0p0_c20200101__20201231__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember_z8qdvou0wCz2" style="text-align: right" title="Allowance for credit losses, Charge-offs"><span style="-sec-ix-hidden: xdx2ixbrl1602">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98C_ecustom--AllowanceForCreditLossesChargeOffs_pdp0_c20200101__20201231_zMIhCHeJ0Es5" style="text-align: right" title="Allowance for credit losses, Charge-offs"><span style="-sec-ix-hidden: xdx2ixbrl1604">-</span></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">Provision</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_981_ecustom--AllowanceForCreditLossesProvision_pdp0_c20200101__20201231__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember_zQTEIsa2COJ7" style="border-bottom: Black 1pt solid; text-align: right" title="Allowance for Credit Losses, Provision"><span style="-sec-ix-hidden: xdx2ixbrl1606">-</span></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_ecustom--AllowanceForCreditLossesProvision_pp0p0_c20200101__20201231__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember_zjf6C0QOn7Gh" style="border-bottom: Black 1pt solid; text-align: right" title="Allowance for Credit Losses, Provision">552,090</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_ecustom--AllowanceForCreditLossesProvision_pp0p0_c20200101__20201231__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember_z1rjg2dsIT4b" style="border-bottom: Black 1pt solid; text-align: right" title="Allowance for Credit Losses, Provision"><span style="-sec-ix-hidden: xdx2ixbrl1610">-</span></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_ecustom--AllowanceForCreditLossesProvision_pp0p0_c20200101__20201231_zuJwWcIKs6Q8" style="border-bottom: Black 1pt solid; text-align: right" title="Allowance for Credit Losses, Provision">552,090</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">Ending balance</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--FinancingReceivableAllowanceForCreditLosses_iE_pp0p0_c20200101__20201231__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember_zT6jOTVw2dc4" style="border-bottom: Black 2.5pt double; text-align: right" title="Financing Receivable, Allowance for Credit Loss, Ending Balance">187,129</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98C_eus-gaap--FinancingReceivableAllowanceForCreditLosses_iE_pp0p0_c20200101__20201231__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember_z2IQyGsHzLK9" style="border-bottom: Black 2.5pt double; text-align: right" title="Financing Receivable, Allowance for Credit Loss, Ending Balance">1,774,796</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_985_eus-gaap--FinancingReceivableAllowanceForCreditLosses_iE_pp0p0_c20200101__20201231__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember_znsRepkedlIh" style="border-bottom: Black 2.5pt double; text-align: right" title="Financing Receivable, Allowance for Credit Loss, Ending Balance">43,202</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98D_eus-gaap--FinancingReceivableAllowanceForCreditLosses_iE_pp0p0_c20200101__20201231_z6TC5wAYnkm8" style="border-bottom: Black 2.5pt double; text-align: right" title="Financing Receivable, Allowance for Credit Loss, Ending Balance">2,005,127</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 2.5pt">Ending balance: individually evaluated for impairment</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_988_eus-gaap--FinancingReceivableAllowanceForCreditLossesIndividuallyEvaluatedForImpairment1_iI_pdp0_c20201231__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember_zFcFj5a1dsIi" style="border-bottom: Black 2.5pt double; text-align: right" title="Financing Receivable, Allowance for Credit Losses, Individually Evaluated for Impairment"><span style="-sec-ix-hidden: xdx2ixbrl1622">-</span></td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98F_eus-gaap--FinancingReceivableAllowanceForCreditLossesIndividuallyEvaluatedForImpairment1_iI_pp0p0_c20201231__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember_z3rv93NTTL27" style="border-bottom: Black 2.5pt double; text-align: right" title="Financing Receivable, Allowance for Credit Losses, Individually Evaluated for Impairment">219,905</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98B_eus-gaap--FinancingReceivableAllowanceForCreditLossesIndividuallyEvaluatedForImpairment1_iI_pdp0_c20201231__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember_zmiwpDjoPpSe" style="border-bottom: Black 2.5pt double; text-align: right" title="Financing Receivable, Allowance for Credit Losses, Individually Evaluated for Impairment"><span style="-sec-ix-hidden: xdx2ixbrl1626">-</span></td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98D_eus-gaap--FinancingReceivableAllowanceForCreditLossesIndividuallyEvaluatedForImpairment1_iI_pp0p0_c20201231_z6DPbKJMJ1Dg" style="border-bottom: Black 2.5pt double; text-align: right" title="Financing Receivable, Allowance for Credit Losses, Individually Evaluated for Impairment">219,905</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 2.5pt">Ending balance: collectively evaluated for impairment</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_985_eus-gaap--FinancingReceivableAllowanceForCreditLossesCollectivelyEvaluatedForImpairment_iI_pp0p0_c20201231__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember_z3NVIn66mv09" style="border-bottom: Black 2.5pt double; text-align: right" title="Financing Receivable, Allowance for Credit Losses, Collectively Evaluated for Impairment">187,129</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98C_eus-gaap--FinancingReceivableAllowanceForCreditLossesCollectivelyEvaluatedForImpairment_iI_pp0p0_c20201231__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember_zhGej1NWJhpd" style="border-bottom: Black 2.5pt double; text-align: right" title="Financing Receivable, Allowance for Credit Losses, Collectively Evaluated for Impairment">1,554,891</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98C_eus-gaap--FinancingReceivableAllowanceForCreditLossesCollectivelyEvaluatedForImpairment_iI_pp0p0_c20201231__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember_zPhsupWh3Yfb" style="border-bottom: Black 2.5pt double; text-align: right" title="Financing Receivable, Allowance for Credit Losses, Collectively Evaluated for Impairment">43,202</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98B_eus-gaap--FinancingReceivableAllowanceForCreditLossesCollectivelyEvaluatedForImpairment_iI_pp0p0_c20201231_zCI0YFca43I5" style="border-bottom: Black 2.5pt double; text-align: right" title="Financing Receivable, Allowance for Credit Losses, Collectively Evaluated for Impairment">1,785,222</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Mortgage loans:</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-bottom: 2.5pt">Ending balance</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_980_ecustom--MortgageLoans_iI_pp0p0_c20201231__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember_zjGEiDWvVHFc" style="border-bottom: Black 2.5pt double; text-align: right" title="Mortgage loans">46,836,866</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">$</td><td id="xdx_988_ecustom--MortgageLoans_iI_pp0p0_c20201231__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember_zcQeWGrbKCMh" style="border-bottom: Black 2.5pt double; text-align: right" title="Mortgage loans">111,111,777</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_980_ecustom--MortgageLoans_iI_pp0p0_c20201231__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember_zGXTcRpqMgPc" style="border-bottom: Black 2.5pt double; text-align: right" title="Mortgage loans">95,822,448</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">$</td><td id="xdx_988_ecustom--MortgageLoans_iI_pp0p0_c20201231_zDt0Wd3eMm32" style="border-bottom: Black 2.5pt double; text-align: right" title="Mortgage loans">253,771,091</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 2.5pt">Ending balance: individually evaluated for impairment</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98D_eus-gaap--FinancingReceivableIndividuallyEvaluatedForImpairment_iI_pp0p0_c20201231__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember_zLqeCLxKlGU4" style="border-bottom: Black 2.5pt double; text-align: right" title="Financing Receivable, Individually Evaluated for Impairment">2,148,827</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_985_eus-gaap--FinancingReceivableIndividuallyEvaluatedForImpairment_iI_pp0p0_c20201231__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember_zLKZlO5763Ng" style="border-bottom: Black 2.5pt double; text-align: right" title="Financing Receivable, Individually Evaluated for Impairment">7,932,680</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_980_eus-gaap--FinancingReceivableIndividuallyEvaluatedForImpairment_iI_pp0p0_c20201231__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember_zmetaFivHQIb" style="border-bottom: Black 2.5pt double; text-align: right" title="Financing Receivable, Individually Evaluated for Impairment">200,963</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">$</td><td id="xdx_983_eus-gaap--FinancingReceivableIndividuallyEvaluatedForImpairment_iI_pp0p0_c20201231_zxwM62WflRFj" style="border-bottom: Black 2.5pt double; text-align: right" title="Financing Receivable, Individually Evaluated for Impairment">10,282,470</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 2.5pt">Ending balance: collectively evaluated for impairment</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98D_eus-gaap--FinancingReceivableCollectivelyEvaluatedForImpairment_iI_pp0p0_c20201231__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember_zE28soh4PcYe" style="border-bottom: Black 2.5pt double; text-align: right" title="Financing Receivable, Collectively Evaluated for Impairment">44,688,039</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_989_eus-gaap--FinancingReceivableCollectivelyEvaluatedForImpairment_iI_pp0p0_c20201231__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember_zV3Zt7zpGFcd" style="border-bottom: Black 2.5pt double; text-align: right" title="Financing Receivable, Collectively Evaluated for Impairment">103,179,097</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_983_eus-gaap--FinancingReceivableCollectivelyEvaluatedForImpairment_iI_pp0p0_c20201231__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember_zbBxUFfohC2l" style="border-bottom: Black 2.5pt double; text-align: right" title="Financing Receivable, Collectively Evaluated for Impairment">95,621,485</td><td style="padding-bottom: 2.5pt; 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--FinancingReceivableCollectivelyEvaluatedForImpairment_iI_pp0p0_c20201231_zWpuwZumsFbi" style="border-bottom: Black 2.5pt double; text-align: right" title="Financing Receivable, Collectively Evaluated for Impairment">243,488,621</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">SECURITY NATIONAL FINANCIAL CORPORATION</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">AND SUBSIDIARIES</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Notes to Consolidated Financial Statements</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Years Ended December 31, 2021 and 2020</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">2) <span style="text-decoration: underline">Investments</span> (Continued)</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p id="xdx_891_ecustom--ScheduleOfAgingOfMortgageLoansTextBlock_z3t0mFUMf6Aj" style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0pt; margin-bottom: 0pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The following table presents the aging of mortgage loans held for investment.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span id="xdx_8B2_zSZ6kBxy0ECj" style="display: none">Schedule of Aging of Mortgage Loans</span><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="font-family: Times New Roman, Times, Serif; vertical-align: bottom"> <td style="font-family: Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td colspan="2" style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: center"><span style="font-family: Times New Roman, Times, Serif">Commercial</span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td colspan="2" style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: center"><span style="font-family: Times New Roman, Times, Serif">Residential</span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td colspan="2" style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: center"><span style="font-family: Times New Roman, Times, Serif">Residential<br/>  Construction</span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td colspan="2" style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: center"><span style="font-family: Times New Roman, Times, Serif">Total</span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif"> </span></td></tr> <tr style="font-family: Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-decoration: underline; font-family: Times New Roman, Times, Serif; font-weight: bold"><span style="font-family: Times New Roman, Times, Serif">December 31, 2021</span></td><td style="font-family: Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif; text-align: right"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif; text-align: right"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif; text-align: right"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif; text-align: right"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td></tr> <tr style="font-family: Times New Roman, Times, Serif; vertical-align: bottom; background-color: White"> <td style="font-family: Times New Roman, Times, Serif; padding-left: 10pt; width: 44%; text-align: left"><span style="font-family: Times New Roman, Times, Serif">30-59 Days Past Due</span></td><td style="font-family: Times New Roman, Times, Serif; width: 2%"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="font-family: Times New Roman, Times, Serif; width: 1%; text-align: left"><span style="font-family: Times New Roman, Times, Serif">$</span></td><td id="xdx_983_ecustom--MortgageLoansDuringPeriod_pp0p0_c20210101__20211231__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--PastDue30To59DaysMember_zYKzVFHrzSsi" style="font-family: Times New Roman, Times, Serif; width: 10%; text-align: right" title="Mortgage Loans during period"><span style="font-family: Times New Roman, Times, Serif"><span style="-sec-ix-hidden: xdx2ixbrl1664">-</span></span></td><td style="font-family: Times New Roman, Times, Serif; width: 1%; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif; width: 2%"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="font-family: Times New Roman, Times, Serif; width: 1%; text-align: left"><span style="font-family: Times New Roman, Times, Serif">$</span></td><td id="xdx_982_ecustom--MortgageLoansDuringPeriod_pp0p0_c20210101__20211231__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--PastDue30To59DaysMember_zhZyFbSNiLVk" style="font-family: Times New Roman, Times, Serif; width: 10%; text-align: right" title="Mortgage Loans during period"><span style="font-family: Times New Roman, Times, Serif">3,117,826</span></td><td style="font-family: Times New Roman, Times, Serif; width: 1%; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif; width: 2%"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="font-family: Times New Roman, Times, Serif; width: 1%; text-align: left"><span style="font-family: Times New Roman, Times, Serif">$</span></td><td id="xdx_98B_ecustom--MortgageLoansDuringPeriod_pp0p0_c20210101__20211231__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--PastDue30To59DaysMember_z0XKuVfzgnY2" style="font-family: Times New Roman, Times, Serif; width: 10%; text-align: right" title="Mortgage Loans during period"><span style="font-family: Times New Roman, Times, Serif">1,363,127</span></td><td style="font-family: Times New Roman, Times, Serif; width: 1%; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif; width: 2%"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="font-family: Times New Roman, Times, Serif; width: 1%; text-align: left"><span style="font-family: Times New Roman, Times, Serif">$</span></td><td id="xdx_988_ecustom--MortgageLoansDuringPeriod_pp0p0_c20210101__20211231__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--PastDue30To59DaysMember_zaZQd8rE2Ph1" style="font-family: Times New Roman, Times, Serif; width: 10%; text-align: right" title="Mortgage Loans during period"><span style="font-family: Times New Roman, Times, Serif">4,480,953</span></td><td style="font-family: Times New Roman, Times, Serif; width: 1%; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td></tr> <tr style="font-family: Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font-family: Times New Roman, Times, Serif; padding-left: 10pt; text-align: left"><span style="font-family: Times New Roman, Times, Serif">60-89 Days Past Due</span></td><td style="font-family: Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td id="xdx_981_ecustom--MortgageLoansDuringPeriod_pp0p0_c20210101__20211231__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--PastDue60To89DaysMember_zEKMvBrnaYZ2" style="font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans during period"><span style="font-family: Times New Roman, Times, Serif">100,204</span></td><td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td id="xdx_98B_ecustom--MortgageLoansDuringPeriod_pp0p0_c20210101__20211231__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--PastDue60To89DaysMember_zKkecB8v3pg1" style="font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans during period"><span style="font-family: Times New Roman, Times, Serif">580,815</span></td><td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td id="xdx_98E_ecustom--MortgageLoansDuringPeriod_pp0p0_c20210101__20211231__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--PastDue60To89DaysMember_z1x1RS70YeJ9" style="font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans during period"><span style="font-family: Times New Roman, Times, Serif"><span style="-sec-ix-hidden: xdx2ixbrl1676">-</span></span></td><td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td id="xdx_98A_ecustom--MortgageLoansDuringPeriod_pp0p0_c20210101__20211231__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--PastDue60To89DaysMember_zJVaaFk3s3df" style="font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans during period"><span style="font-family: Times New Roman, Times, Serif">681,019</span></td><td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td></tr> <tr style="font-family: Times New Roman, Times, Serif; vertical-align: bottom; background-color: White"> <td style="font-family: Times New Roman, Times, Serif; padding-left: 10pt; text-align: left"><span id="xdx_F4E_zvyO8EBo76D4" style="font-family: Times New Roman, Times, Serif">Greater Than 90 Days (1)</span></td><td style="font-family: Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td id="xdx_98E_ecustom--MortgageLoansDuringPeriod_pp0p0_c20210101__20211231__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--PastDue90OrMoreDaysMember_fKDEp_zMosgdKnMIg1" style="font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans during period"><span style="font-family: Times New Roman, Times, Serif">1,723,372</span></td><td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td id="xdx_980_ecustom--MortgageLoansDuringPeriod_pp0p0_c20210101__20211231__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--PastDue90OrMoreDaysMember_fKDEp_zDplzTsnLZ6" style="font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans during period"><span style="font-family: Times New Roman, Times, Serif">2,052,062</span></td><td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td id="xdx_980_ecustom--MortgageLoansDuringPeriod_pp0p0_c20210101__20211231__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--PastDue90OrMoreDaysMember_fKDEp_zL0otZRZI9Se" style="font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans during period"><span style="font-family: Times New Roman, Times, Serif"><span style="-sec-ix-hidden: xdx2ixbrl1684">-</span></span></td><td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td id="xdx_980_ecustom--MortgageLoansDuringPeriod_pp0p0_c20210101__20211231__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--PastDue90OrMoreDaysMember_fKDEp_zzSbqLPPcwEj" style="font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans during period"><span style="font-family: Times New Roman, Times, Serif">3,775,434</span></td><td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td></tr> <tr style="font-family: Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font-family: Times New Roman, Times, Serif; padding-left: 10pt; text-align: left; padding-bottom: 1pt"><span id="xdx_F48_z7E9HFd7E0Wi" style="font-family: Times New Roman, Times, Serif">In Process of Foreclosure (1)</span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td id="xdx_988_ecustom--MortgageLoansDuringPeriod_pp0p0_c20210101__20211231__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--InForeclosureMember_fKDEp_zfspkcypQRm4" style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans during period"><span style="font-family: Times New Roman, Times, Serif"><span style="-sec-ix-hidden: xdx2ixbrl1688">-</span></span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td id="xdx_989_ecustom--MortgageLoansDuringPeriod_pp0p0_c20210101__20211231__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--InForeclosureMember_fKDEp_zeSZAx1NpML3" style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans during period"><span style="font-family: Times New Roman, Times, Serif">496,594</span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td id="xdx_989_ecustom--MortgageLoansDuringPeriod_pp0p0_c20210101__20211231__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--InForeclosureMember_fKDEp_zox9qWAy1jd1" style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans during period"><span style="font-family: Times New Roman, Times, Serif"><span style="-sec-ix-hidden: xdx2ixbrl1692">-</span></span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td id="xdx_989_ecustom--MortgageLoansDuringPeriod_pp0p0_c20210101__20211231__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--InForeclosureMember_fKDEp_zXLv2WTvqdr3" style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans during period"><span style="font-family: Times New Roman, Times, Serif">496,594</span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td></tr> <tr style="font-family: Times New Roman, Times, Serif; vertical-align: bottom; background-color: White"> <td style="font-family: Times New Roman, Times, Serif; padding-left: 10pt; text-align: left; padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif">Total Past Due</span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td id="xdx_981_ecustom--MortgageLoansDuringPeriod_pp0p0_c20210101__20211231__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--TotalPastDueMember_zQci4c5sKbBj" style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans during period"><span style="font-family: Times New Roman, Times, Serif">1,823,576</span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td id="xdx_987_ecustom--MortgageLoansDuringPeriod_pp0p0_c20210101__20211231__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--TotalPastDueMember_zOsGHBCh7hib" style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans during period"><span style="font-family: Times New Roman, Times, Serif">6,247,297</span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td id="xdx_983_ecustom--MortgageLoansDuringPeriod_pp0p0_c20210101__20211231__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--TotalPastDueMember_zxygW9Vj0Yn2" style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans during period"><span style="font-family: Times New Roman, Times, Serif">1,363,127</span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td id="xdx_98C_ecustom--MortgageLoansDuringPeriod_pp0p0_c20210101__20211231__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--TotalPastDueMember_zaSDzUPP3je5" style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans during period"><span style="font-family: Times New Roman, Times, Serif">9,434,000</span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td></tr> <tr style="font-family: Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font-family: Times New Roman, Times, Serif; padding-left: 10pt; padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif">Current</span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td id="xdx_983_ecustom--MortgageLoansDuringPeriod_pp0p0_c20210101__20211231__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--CurrentMember_zMsNcnJ9ruNi" style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans during period"><span style="font-family: Times New Roman, Times, Serif">49,859,446</span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td id="xdx_98C_ecustom--MortgageLoansDuringPeriod_pp0p0_c20210101__20211231__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--CurrentMember_zM92QeaZtDSd" style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans during period"><span style="font-family: Times New Roman, Times, Serif">47,286,415</span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td id="xdx_98A_ecustom--MortgageLoansDuringPeriod_pp0p0_c20210101__20211231__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--CurrentMember_zhq2vBUrfGze" style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans during period"><span style="font-family: Times New Roman, Times, Serif">173,754,656</span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td id="xdx_988_ecustom--MortgageLoansDuringPeriod_pp0p0_c20210101__20211231__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--CurrentMember_z9h37tz4qqM" style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans during period"><span style="font-family: Times New Roman, Times, Serif">270,900,517</span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td></tr> <tr style="font-family: Times New Roman, Times, Serif; vertical-align: bottom; background-color: White"> <td style="font-family: Times New Roman, Times, Serif; padding-left: 10pt; text-align: left; padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif">Total Mortgage Loans</span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td id="xdx_984_ecustom--MortgageLoansDuringPeriod_pp0p0_c20210101__20211231__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember_zs0m7dXskNJi" style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans during period"><span style="font-family: Times New Roman, Times, Serif">51,683,022</span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td id="xdx_984_ecustom--MortgageLoansDuringPeriod_pp0p0_c20210101__20211231__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember_zigVPSP3HRfe" style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans during period"><span style="font-family: Times New Roman, Times, Serif">53,533,712</span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td id="xdx_981_ecustom--MortgageLoansDuringPeriod_pp0p0_c20210101__20211231__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember_zOj1lh1Fsird" style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans during period"><span style="font-family: Times New Roman, Times, Serif">175,117,783</span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td id="xdx_98A_ecustom--MortgageLoansDuringPeriod_pp0p0_c20210101__20211231_zLJ43QILT0o1" style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans during period"><span style="font-family: Times New Roman, Times, Serif">280,334,517</span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td></tr> <tr style="font-family: Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font-family: Times New Roman, Times, Serif; padding-left: 10pt; text-align: left"><span style="font-family: Times New Roman, Times, Serif">Allowance for Loan Losses</span></td><td style="font-family: Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td id="xdx_987_ecustom--MortgageLoansAllowanceForLoanLosses_pp0p0_c20210101__20211231__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember_zl5OR7vdjEPg" style="font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans, Allowance for Loan Losses"><span style="font-family: Times New Roman, Times, Serif">(187,129</span></td><td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif">)</span></td><td style="font-family: Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td id="xdx_980_ecustom--MortgageLoansAllowanceForLoanLosses_pp0p0_c20210101__20211231__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember_zs8F3XUwYkaj" style="font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans, Allowance for Loan Losses"><span style="font-family: Times New Roman, Times, Serif">(1,469,571</span></td><td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif">)</span></td><td style="font-family: Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td id="xdx_98F_ecustom--MortgageLoansAllowanceForLoanLosses_pp0p0_c20210101__20211231__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember_zUiv3E2Q44r8" style="font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans, Allowance for Loan Losses"><span style="font-family: Times New Roman, Times, Serif">(43,202</span></td><td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif">)</span></td><td style="font-family: Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td id="xdx_98A_ecustom--MortgageLoansAllowanceForLoanLosses_pp0p0_c20210101__20211231_zsxSHcE5Ccl5" style="font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans, Allowance for Loan Losses"><span style="font-family: Times New Roman, Times, Serif">(1,699,902</span></td><td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif">)</span></td></tr> <tr style="font-family: Times New Roman, Times, Serif; vertical-align: bottom; background-color: White"> <td style="font-family: Times New Roman, Times, Serif; padding-left: 10pt; text-align: left"><span style="font-family: Times New Roman, Times, Serif">Unamortized deferred loan fees, net</span></td><td style="font-family: Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td id="xdx_989_ecustom--MortgageLoansUnamortizedDeferredLoanFeesNet_pp0p0_c20210101__20211231__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember_zlxeCRrOnMM" style="font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans, Unamortized deferred loan fees, net"><span style="font-family: Times New Roman, Times, Serif">(36,813</span></td><td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif">)</span></td><td style="font-family: Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td id="xdx_98D_ecustom--MortgageLoansUnamortizedDeferredLoanFeesNet_pp0p0_c20210101__20211231__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember_z5m6mZuE2VKh" style="font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans, Unamortized deferred loan fees, net"><span style="font-family: Times New Roman, Times, Serif">(498,600</span></td><td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif">)</span></td><td style="font-family: Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td id="xdx_98D_ecustom--MortgageLoansUnamortizedDeferredLoanFeesNet_pp0p0_c20210101__20211231__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember_zCAQhP09Y958" style="font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans, Unamortized deferred loan fees, net"><span style="font-family: Times New Roman, Times, Serif">(383,173</span></td><td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif">)</span></td><td style="font-family: Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td id="xdx_981_ecustom--MortgageLoansUnamortizedDeferredLoanFeesNet_pp0p0_c20210101__20211231_zNoibGhwXo26" style="font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans, Unamortized deferred loan fees, net"><span style="font-family: Times New Roman, Times, Serif">(918,586</span></td><td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif">)</span></td></tr> <tr style="font-family: Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font-family: Times New Roman, Times, Serif; padding-left: 10pt; text-align: left; padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif">Unamortized discounts, net</span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td id="xdx_986_ecustom--MortgageLoansUnamortizedDiscountsNet_pp0p0_c20210101__20211231__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember_zMVUjvW9ZI5h" style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans, Unamortized discounts, net"><span style="font-family: Times New Roman, Times, Serif">(240,614</span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left"><span style="font-family: Times New Roman, Times, Serif">)</span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td id="xdx_98C_ecustom--MortgageLoansUnamortizedDiscountsNet_pp0p0_c20210101__20211231__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember_z92RJnrIAudl" style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans, Unamortized discounts, net"><span style="font-family: Times New Roman, Times, Serif">(169,369</span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left"><span style="font-family: Times New Roman, Times, Serif">)</span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td id="xdx_984_ecustom--MortgageLoansUnamortizedDiscountsNet_pp0p0_c20210101__20211231__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember_zWRuZFTMA48e" style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans, Unamortized discounts, net"><span style="font-family: Times New Roman, Times, Serif"><span style="-sec-ix-hidden: xdx2ixbrl1740">-</span></span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td id="xdx_98F_ecustom--MortgageLoansUnamortizedDiscountsNet_pp0p0_c20210101__20211231_zX6ktrRiQbU8" style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans, Unamortized discounts, net"><span style="font-family: Times New Roman, Times, Serif">(409,983</span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left"><span style="font-family: Times New Roman, Times, Serif">)</span></td></tr> <tr style="font-family: Times New Roman, Times, Serif; vertical-align: bottom; background-color: White"> <td style="font-family: Times New Roman, Times, Serif; padding-left: 10pt; text-align: left; padding-bottom: 2.5pt"><span style="font-family: Times New Roman, Times, Serif">Net Mortgage Loans</span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 2.5pt"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="border-bottom: Black 2.5pt double; font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif">$</span></td><td id="xdx_987_ecustom--MortgageLoansDuringPeriod_pp0p0_c20210101__20211231__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--NetMortgageLoansMember_zIvh5rHJOcW9" style="border-bottom: Black 2.5pt double; font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans during period"><span style="font-family: Times New Roman, Times, Serif">51,218,466</span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 2.5pt; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 2.5pt"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="border-bottom: Black 2.5pt double; font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif">$</span></td><td id="xdx_98D_ecustom--MortgageLoansDuringPeriod_pp0p0_c20210101__20211231__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--NetMortgageLoansMember_zefZKyOCtukf" style="border-bottom: Black 2.5pt double; font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans during period"><span style="font-family: Times New Roman, Times, Serif">51,396,172</span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 2.5pt; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 2.5pt"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="border-bottom: Black 2.5pt double; font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif">$</span></td><td id="xdx_985_ecustom--MortgageLoansDuringPeriod_pp0p0_c20210101__20211231__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--NetMortgageLoansMember_zCqSDIPiEYAl" style="border-bottom: Black 2.5pt double; font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans during period"><span style="font-family: Times New Roman, Times, Serif">174,691,408</span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 2.5pt; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 2.5pt"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="border-bottom: Black 2.5pt double; font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif">$</span></td><td id="xdx_986_ecustom--MortgageLoansDuringPeriod_pp0p0_c20210101__20211231__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--NetMortgageLoansMember_z2v0f8ELiIi1" style="border-bottom: Black 2.5pt double; font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans during period"><span style="font-family: Times New Roman, Times, Serif">277,306,046</span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 2.5pt; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td></tr> <tr style="font-family: Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font-family: Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif; text-align: right"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif; text-align: right"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif; text-align: right"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif; text-align: right"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td></tr> <tr style="font-family: Times New Roman, Times, Serif; vertical-align: bottom; background-color: White"> <td style="text-decoration: underline; font-family: Times New Roman, Times, Serif; font-weight: bold"><span style="font-family: Times New Roman, Times, Serif">December 31, 2020</span></td><td style="font-family: Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif; text-align: right"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif; text-align: right"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif; text-align: right"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif; text-align: right"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td></tr> <tr style="font-family: Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font-family: Times New Roman, Times, Serif; padding-left: 10pt; text-align: left"><span style="font-family: Times New Roman, Times, Serif">30-59 Days Past Due</span></td><td style="font-family: Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif">$</span></td><td id="xdx_989_ecustom--MortgageLoansDuringPeriod_c20200101__20201231__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--PastDue30To59DaysMember_pp0p0" style="font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans during period"><span style="font-family: Times New Roman, Times, Serif">233,200</span></td><td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif">$</span></td><td id="xdx_980_ecustom--MortgageLoansDuringPeriod_c20200101__20201231__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--PastDue30To59DaysMember_pp0p0" style="font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans during period"><span style="font-family: Times New Roman, Times, Serif">5,866,505</span></td><td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif">$</span></td><td id="xdx_983_ecustom--MortgageLoansDuringPeriod_c20200101__20201231__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--PastDue30To59DaysMember_pp0p0" style="font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans during period"><span style="font-family: Times New Roman, Times, Serif">127,191</span></td><td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif">$</span></td><td id="xdx_984_ecustom--MortgageLoansDuringPeriod_c20200101__20201231__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--PastDue30To59DaysMember_pp0p0" style="font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans during period"><span style="font-family: Times New Roman, Times, Serif">6,226,896</span></td><td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td></tr> <tr style="font-family: Times New Roman, Times, Serif; vertical-align: bottom; background-color: White"> <td style="font-family: Times New Roman, Times, Serif; padding-left: 10pt; text-align: left"><span style="font-family: Times New Roman, Times, Serif">60-89 Days Past Due</span></td><td style="font-family: Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td id="xdx_983_ecustom--MortgageLoansDuringPeriod_c20200101__20201231__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--PastDue60To89DaysMember_pp0p0" style="font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans during period"><span style="font-family: Times New Roman, Times, Serif">812,780</span></td><td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td id="xdx_98A_ecustom--MortgageLoansDuringPeriod_c20200101__20201231__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--PastDue60To89DaysMember_pp0p0" style="font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans during period"><span style="font-family: Times New Roman, Times, Serif">2,048,148</span></td><td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td id="xdx_985_ecustom--MortgageLoansDuringPeriod_c20200101__20201231__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--PastDue60To89DaysMember_pp0p0" style="font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans during period"><span style="font-family: Times New Roman, Times, Serif"><span style="-sec-ix-hidden: xdx2ixbrl1764">-</span></span></td><td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td id="xdx_98E_ecustom--MortgageLoansDuringPeriod_c20200101__20201231__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--PastDue60To89DaysMember_pp0p0" style="font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans during period"><span style="font-family: Times New Roman, Times, Serif">2,860,928</span></td><td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td></tr> <tr style="font-family: Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font-family: Times New Roman, Times, Serif; padding-left: 10pt; text-align: left"><span id="xdx_F4D_zOb9tzvDfqd1" style="font-family: Times New Roman, Times, Serif">Greater Than 90 Days (1)</span></td><td style="font-family: Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td id="xdx_98F_ecustom--MortgageLoansDuringPeriod_pp0p0_c20200101__20201231__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--PastDue90OrMoreDaysMember_fKDEp_zC9zevLjKSte" style="font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans during period"><span style="font-family: Times New Roman, Times, Serif">2,148,827</span></td><td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td id="xdx_983_ecustom--MortgageLoansDuringPeriod_pp0p0_c20200101__20201231__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--PastDue90OrMoreDaysMember_fKDEp_zJyr20ud6ail" style="font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans during period"><span style="font-family: Times New Roman, Times, Serif">5,669,583</span></td><td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td id="xdx_98C_ecustom--MortgageLoansDuringPeriod_pp0p0_c20200101__20201231__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--PastDue90OrMoreDaysMember_fKDEp_zu0w6dOgYdT9" style="font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans during period"><span style="font-family: Times New Roman, Times, Serif"><span style="-sec-ix-hidden: xdx2ixbrl1772">-</span></span></td><td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td id="xdx_989_ecustom--MortgageLoansDuringPeriod_pp0p0_c20200101__20201231__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--PastDue90OrMoreDaysMember_fKDEp_znV3BrfgFyv6" style="font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans during period"><span style="font-family: Times New Roman, Times, Serif">7,818,410</span></td><td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td></tr> <tr style="font-family: Times New Roman, Times, Serif; vertical-align: bottom; background-color: White"> <td style="font-family: Times New Roman, Times, Serif; padding-left: 10pt; text-align: left; padding-bottom: 1pt"><span id="xdx_F47_z5j7SppsVD22" style="font-family: Times New Roman, Times, Serif">In Process of Foreclosure (1)</span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td id="xdx_98D_ecustom--MortgageLoansDuringPeriod_pp0p0_c20200101__20201231__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--InForeclosureMember_fKDEp_zzfVsvouRQDa" style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans during period"><span style="font-family: Times New Roman, Times, Serif"><span style="-sec-ix-hidden: xdx2ixbrl1776">-</span></span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td id="xdx_980_ecustom--MortgageLoansDuringPeriod_pp0p0_c20200101__20201231__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--InForeclosureMember_fKDEp_zwfkMaM1esFe" style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans during period"><span style="font-family: Times New Roman, Times, Serif">2,263,097</span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td id="xdx_984_ecustom--MortgageLoansDuringPeriod_pp0p0_c20200101__20201231__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--InForeclosureMember_fKDEp_zjz8nHkO4XJ8" style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans during period"><span style="font-family: Times New Roman, Times, Serif">200,963</span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td id="xdx_98F_ecustom--MortgageLoansDuringPeriod_pp0p0_c20200101__20201231__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--InForeclosureMember_fKDEp_zdB3OmmNjwS2" style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans during period"><span style="font-family: Times New Roman, Times, Serif">2,464,060</span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td></tr> <tr style="font-family: Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font-family: Times New Roman, Times, Serif; padding-left: 10pt; text-align: left; padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif">Total Past Due</span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td id="xdx_984_ecustom--MortgageLoansDuringPeriod_c20200101__20201231__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--TotalPastDueMember_pp0p0" style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans during period"><span style="font-family: Times New Roman, Times, Serif">3,194,807</span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td id="xdx_98D_ecustom--MortgageLoansDuringPeriod_c20200101__20201231__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--TotalPastDueMember_pp0p0" style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans during period"><span style="font-family: Times New Roman, Times, Serif">15,847,333</span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td id="xdx_981_ecustom--MortgageLoansDuringPeriod_c20200101__20201231__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--TotalPastDueMember_pp0p0" style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans during period"><span style="font-family: Times New Roman, Times, Serif">328,154</span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td id="xdx_980_ecustom--MortgageLoansDuringPeriod_c20200101__20201231__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--TotalPastDueMember_pp0p0" style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans during period"><span style="font-family: Times New Roman, Times, Serif">19,370,294</span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td></tr> <tr style="font-family: Times New Roman, Times, Serif; vertical-align: bottom; background-color: White"> <td style="font-family: Times New Roman, Times, Serif; padding-left: 10pt; padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif">Current</span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td id="xdx_984_ecustom--MortgageLoansDuringPeriod_c20200101__20201231__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--CurrentMember_pp0p0" style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans during period"><span style="font-family: Times New Roman, Times, Serif">43,642,059</span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td id="xdx_984_ecustom--MortgageLoansDuringPeriod_c20200101__20201231__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--CurrentMember_pp0p0" style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans during period"><span style="font-family: Times New Roman, Times, Serif">79,975,115</span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td id="xdx_984_ecustom--MortgageLoansDuringPeriod_c20200101__20201231__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--CurrentMember_pp0p0" style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans during period"><span style="font-family: Times New Roman, Times, Serif">110,783,623</span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td id="xdx_98B_ecustom--MortgageLoansDuringPeriod_c20200101__20201231__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--CurrentMember_pp0p0" style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans during period"><span style="font-family: Times New Roman, Times, Serif">234,400,797</span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td></tr> <tr style="font-family: Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font-family: Times New Roman, Times, Serif; padding-left: 10pt; text-align: left; padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif">Total Mortgage Loans</span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td id="xdx_981_ecustom--MortgageLoansDuringPeriod_c20200101__20201231__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember_pp0p0" style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans during period"><span style="font-family: Times New Roman, Times, Serif">46,836,866</span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td id="xdx_984_ecustom--MortgageLoansDuringPeriod_c20200101__20201231__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember_pp0p0" style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans during period"><span style="font-family: Times New Roman, Times, Serif">95,822,448</span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td id="xdx_984_ecustom--MortgageLoansDuringPeriod_c20200101__20201231__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember_pp0p0" style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans during period"><span style="font-family: Times New Roman, Times, Serif">111,111,777</span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td id="xdx_982_ecustom--MortgageLoansDuringPeriod_c20200101__20201231_pp0p0" style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans during period"><span style="font-family: Times New Roman, Times, Serif">253,771,091</span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td></tr> <tr style="font-family: Times New Roman, Times, Serif; vertical-align: bottom; background-color: White"> <td style="font-family: Times New Roman, Times, Serif; padding-left: 10pt; text-align: left"><span style="font-family: Times New Roman, Times, Serif">Allowance for Loan Losses</span></td><td style="font-family: Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td id="xdx_981_ecustom--MortgageLoansAllowanceForLoanLosses_c20200101__20201231__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember_pp0p0" style="font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans, Allowance for Loan Losses"><span style="font-family: Times New Roman, Times, Serif">(187,129</span></td><td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif">)</span></td><td style="font-family: Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td id="xdx_985_ecustom--MortgageLoansAllowanceForLoanLosses_c20200101__20201231__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember_pp0p0" style="font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans, Allowance for Loan Losses"><span style="font-family: Times New Roman, Times, Serif">(1,774,796</span></td><td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif">)</span></td><td style="font-family: Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td id="xdx_98C_ecustom--MortgageLoansAllowanceForLoanLosses_c20200101__20201231__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember_pp0p0" style="font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans, Allowance for Loan Losses"><span style="font-family: Times New Roman, Times, Serif">(43,202</span></td><td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif">)</span></td><td style="font-family: Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td id="xdx_98B_ecustom--MortgageLoansAllowanceForLoanLosses_c20200101__20201231_pp0p0" style="font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans, Allowance for Loan Losses"><span style="font-family: Times New Roman, Times, Serif">(2,005,127</span></td><td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif">)</span></td></tr> <tr style="font-family: Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font-family: Times New Roman, Times, Serif; padding-left: 10pt; text-align: left"><span style="font-family: Times New Roman, Times, Serif">Unamortized deferred loan fees, net</span></td><td style="font-family: Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td id="xdx_98A_ecustom--MortgageLoansUnamortizedDeferredLoanFeesNet_c20200101__20201231__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember_pp0p0" style="font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans, Unamortized deferred loan fees, net"><span style="font-family: Times New Roman, Times, Serif">(32,557</span></td><td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif">)</span></td><td style="font-family: Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td id="xdx_982_ecustom--MortgageLoansUnamortizedDeferredLoanFeesNet_c20200101__20201231__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember_pp0p0" style="font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans, Unamortized deferred loan fees, net"><span style="font-family: Times New Roman, Times, Serif">(909,864</span></td><td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif">)</span></td><td style="font-family: Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td id="xdx_98A_ecustom--MortgageLoansUnamortizedDeferredLoanFeesNet_c20200101__20201231__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember_pp0p0" style="font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans, Unamortized deferred loan fees, net"><span style="font-family: Times New Roman, Times, Serif">(218,711</span></td><td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif">)</span></td><td style="font-family: Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td id="xdx_98B_ecustom--MortgageLoansUnamortizedDeferredLoanFeesNet_c20200101__20201231_pp0p0" style="font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans, Unamortized deferred loan fees, net"><span style="font-family: Times New Roman, Times, Serif">(1,161,132</span></td><td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif">)</span></td></tr> <tr style="font-family: Times New Roman, Times, Serif; vertical-align: bottom; background-color: White"> <td style="font-family: Times New Roman, Times, Serif; padding-left: 10pt; text-align: left; padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif">Unamortized discounts, net</span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td id="xdx_981_ecustom--MortgageLoansUnamortizedDiscountsNet_c20200101__20201231__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember_pp0p0" style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans, Unamortized discounts, net"><span style="font-family: Times New Roman, Times, Serif">(880,721</span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left"><span style="font-family: Times New Roman, Times, Serif">)</span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td id="xdx_989_ecustom--MortgageLoansUnamortizedDiscountsNet_c20200101__20201231__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember_pp0p0" style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans, Unamortized discounts, net"><span style="font-family: Times New Roman, Times, Serif">(380,175</span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left"><span style="font-family: Times New Roman, Times, Serif">)</span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td id="xdx_989_ecustom--MortgageLoansUnamortizedDiscountsNet_c20200101__20201231__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember_pp0p0" style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans, Unamortized discounts, net"><span style="font-family: Times New Roman, Times, Serif"><span style="-sec-ix-hidden: xdx2ixbrl1828">-</span></span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td id="xdx_983_ecustom--MortgageLoansUnamortizedDiscountsNet_c20200101__20201231_pp0p0" style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans, Unamortized discounts, net"><span style="font-family: Times New Roman, Times, Serif">(1,260,896</span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left"><span style="font-family: Times New Roman, Times, Serif">)</span></td></tr> <tr style="font-family: Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font-family: Times New Roman, Times, Serif; padding-left: 10pt; text-align: left; padding-bottom: 2.5pt"><span style="font-family: Times New Roman, Times, Serif">Net Mortgage Loans</span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 2.5pt"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="border-bottom: Black 2.5pt double; font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif">$</span></td><td id="xdx_980_ecustom--MortgageLoansDuringPeriod_c20200101__20201231__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--NetMortgageLoansMember_pp0p0" style="border-bottom: Black 2.5pt double; font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans during period"><span style="font-family: Times New Roman, Times, Serif">45,736,459</span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 2.5pt; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 2.5pt"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="border-bottom: Black 2.5pt double; font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif">$</span></td><td id="xdx_989_ecustom--MortgageLoansDuringPeriod_c20200101__20201231__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--NetMortgageLoansMember_pp0p0" style="border-bottom: Black 2.5pt double; font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans during period"><span style="font-family: Times New Roman, Times, Serif">92,757,613</span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 2.5pt; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 2.5pt"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="border-bottom: Black 2.5pt double; font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif">$</span></td><td id="xdx_989_ecustom--MortgageLoansDuringPeriod_c20200101__20201231__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--NetMortgageLoansMember_pp0p0" style="border-bottom: Black 2.5pt double; font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans during period"><span style="font-family: Times New Roman, Times, Serif">110,849,864</span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 2.5pt; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 2.5pt"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="border-bottom: Black 2.5pt double; font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif">$</span></td><td id="xdx_98F_ecustom--MortgageLoansDuringPeriod_c20200101__20201231__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--NetMortgageLoansMember_pp0p0" style="border-bottom: Black 2.5pt double; font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans during period"><span style="font-family: Times New Roman, Times, Serif">249,343,936</span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 2.5pt; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0pt; margin-bottom: 0pt"/> <div style="width: 15%"><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"><span id="xdx_F0E_zyVKgLEdJwp5" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(1)</span></td><td style="width: 5pt"/><td style="text-align: justify"><span id="xdx_F1B_zpqoaZN3eRm9" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Interest income is not recognized on loans past due greater than 90 days or in foreclosure.</span></td> </tr></table> 187129 1774796 43202 2005127 -305225 -305225 187129 1469571 43202 1699902 105384 105384 187129 1364187 43202 1594518 51683022 53533712 175117783 280334517 1723372 2548656 4272028 49959650 50985056 175117783 2760162489 187129 1222706 43202 1453037 552090 552090 187129 1774796 43202 2005127 219905 219905 187129 1554891 43202 1785222 46836866 111111777 95822448 253771091 2148827 7932680 200963 10282470 44688039 103179097 95621485 243488621 <p id="xdx_891_ecustom--ScheduleOfAgingOfMortgageLoansTextBlock_z3t0mFUMf6Aj" style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0pt; margin-bottom: 0pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The following table presents the aging of mortgage loans held for investment.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span id="xdx_8B2_zSZ6kBxy0ECj" style="display: none">Schedule of Aging of Mortgage Loans</span><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="font-family: Times New Roman, Times, Serif; vertical-align: bottom"> <td style="font-family: Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td colspan="2" style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: center"><span style="font-family: Times New Roman, Times, Serif">Commercial</span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td colspan="2" style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: center"><span style="font-family: Times New Roman, Times, Serif">Residential</span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td colspan="2" style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: center"><span style="font-family: Times New Roman, Times, Serif">Residential<br/>  Construction</span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td colspan="2" style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: center"><span style="font-family: Times New Roman, Times, Serif">Total</span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif"> </span></td></tr> <tr style="font-family: Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-decoration: underline; font-family: Times New Roman, Times, Serif; font-weight: bold"><span style="font-family: Times New Roman, Times, Serif">December 31, 2021</span></td><td style="font-family: Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif; text-align: right"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif; text-align: right"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif; text-align: right"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif; text-align: right"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td></tr> <tr style="font-family: Times New Roman, Times, Serif; vertical-align: bottom; background-color: White"> <td style="font-family: Times New Roman, Times, Serif; padding-left: 10pt; width: 44%; text-align: left"><span style="font-family: Times New Roman, Times, Serif">30-59 Days Past Due</span></td><td style="font-family: Times New Roman, Times, Serif; width: 2%"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="font-family: Times New Roman, Times, Serif; width: 1%; text-align: left"><span style="font-family: Times New Roman, Times, Serif">$</span></td><td id="xdx_983_ecustom--MortgageLoansDuringPeriod_pp0p0_c20210101__20211231__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--PastDue30To59DaysMember_zYKzVFHrzSsi" style="font-family: Times New Roman, Times, Serif; width: 10%; text-align: right" title="Mortgage Loans during period"><span style="font-family: Times New Roman, Times, Serif"><span style="-sec-ix-hidden: xdx2ixbrl1664">-</span></span></td><td style="font-family: Times New Roman, Times, Serif; width: 1%; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif; width: 2%"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="font-family: Times New Roman, Times, Serif; width: 1%; text-align: left"><span style="font-family: Times New Roman, Times, Serif">$</span></td><td id="xdx_982_ecustom--MortgageLoansDuringPeriod_pp0p0_c20210101__20211231__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--PastDue30To59DaysMember_zhZyFbSNiLVk" style="font-family: Times New Roman, Times, Serif; width: 10%; text-align: right" title="Mortgage Loans during period"><span style="font-family: Times New Roman, Times, Serif">3,117,826</span></td><td style="font-family: Times New Roman, Times, Serif; width: 1%; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif; width: 2%"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="font-family: Times New Roman, Times, Serif; width: 1%; text-align: left"><span style="font-family: Times New Roman, Times, Serif">$</span></td><td id="xdx_98B_ecustom--MortgageLoansDuringPeriod_pp0p0_c20210101__20211231__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--PastDue30To59DaysMember_z0XKuVfzgnY2" style="font-family: Times New Roman, Times, Serif; width: 10%; text-align: right" title="Mortgage Loans during period"><span style="font-family: Times New Roman, Times, Serif">1,363,127</span></td><td style="font-family: Times New Roman, Times, Serif; width: 1%; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif; width: 2%"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="font-family: Times New Roman, Times, Serif; width: 1%; text-align: left"><span style="font-family: Times New Roman, Times, Serif">$</span></td><td id="xdx_988_ecustom--MortgageLoansDuringPeriod_pp0p0_c20210101__20211231__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--PastDue30To59DaysMember_zaZQd8rE2Ph1" style="font-family: Times New Roman, Times, Serif; width: 10%; text-align: right" title="Mortgage Loans during period"><span style="font-family: Times New Roman, Times, Serif">4,480,953</span></td><td style="font-family: Times New Roman, Times, Serif; width: 1%; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td></tr> <tr style="font-family: Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font-family: Times New Roman, Times, Serif; padding-left: 10pt; text-align: left"><span style="font-family: Times New Roman, Times, Serif">60-89 Days Past Due</span></td><td style="font-family: Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td id="xdx_981_ecustom--MortgageLoansDuringPeriod_pp0p0_c20210101__20211231__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--PastDue60To89DaysMember_zEKMvBrnaYZ2" style="font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans during period"><span style="font-family: Times New Roman, Times, Serif">100,204</span></td><td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td id="xdx_98B_ecustom--MortgageLoansDuringPeriod_pp0p0_c20210101__20211231__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--PastDue60To89DaysMember_zKkecB8v3pg1" style="font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans during period"><span style="font-family: Times New Roman, Times, Serif">580,815</span></td><td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td id="xdx_98E_ecustom--MortgageLoansDuringPeriod_pp0p0_c20210101__20211231__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--PastDue60To89DaysMember_z1x1RS70YeJ9" style="font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans during period"><span style="font-family: Times New Roman, Times, Serif"><span style="-sec-ix-hidden: xdx2ixbrl1676">-</span></span></td><td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td id="xdx_98A_ecustom--MortgageLoansDuringPeriod_pp0p0_c20210101__20211231__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--PastDue60To89DaysMember_zJVaaFk3s3df" style="font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans during period"><span style="font-family: Times New Roman, Times, Serif">681,019</span></td><td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td></tr> <tr style="font-family: Times New Roman, Times, Serif; vertical-align: bottom; background-color: White"> <td style="font-family: Times New Roman, Times, Serif; padding-left: 10pt; text-align: left"><span id="xdx_F4E_zvyO8EBo76D4" style="font-family: Times New Roman, Times, Serif">Greater Than 90 Days (1)</span></td><td style="font-family: Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td id="xdx_98E_ecustom--MortgageLoansDuringPeriod_pp0p0_c20210101__20211231__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--PastDue90OrMoreDaysMember_fKDEp_zMosgdKnMIg1" style="font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans during period"><span style="font-family: Times New Roman, Times, Serif">1,723,372</span></td><td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td id="xdx_980_ecustom--MortgageLoansDuringPeriod_pp0p0_c20210101__20211231__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--PastDue90OrMoreDaysMember_fKDEp_zDplzTsnLZ6" style="font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans during period"><span style="font-family: Times New Roman, Times, Serif">2,052,062</span></td><td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td id="xdx_980_ecustom--MortgageLoansDuringPeriod_pp0p0_c20210101__20211231__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--PastDue90OrMoreDaysMember_fKDEp_zL0otZRZI9Se" style="font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans during period"><span style="font-family: Times New Roman, Times, Serif"><span style="-sec-ix-hidden: xdx2ixbrl1684">-</span></span></td><td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td id="xdx_980_ecustom--MortgageLoansDuringPeriod_pp0p0_c20210101__20211231__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--PastDue90OrMoreDaysMember_fKDEp_zzSbqLPPcwEj" style="font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans during period"><span style="font-family: Times New Roman, Times, Serif">3,775,434</span></td><td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td></tr> <tr style="font-family: Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font-family: Times New Roman, Times, Serif; padding-left: 10pt; text-align: left; padding-bottom: 1pt"><span id="xdx_F48_z7E9HFd7E0Wi" style="font-family: Times New Roman, Times, Serif">In Process of Foreclosure (1)</span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td id="xdx_988_ecustom--MortgageLoansDuringPeriod_pp0p0_c20210101__20211231__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--InForeclosureMember_fKDEp_zfspkcypQRm4" style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans during period"><span style="font-family: Times New Roman, Times, Serif"><span style="-sec-ix-hidden: xdx2ixbrl1688">-</span></span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td id="xdx_989_ecustom--MortgageLoansDuringPeriod_pp0p0_c20210101__20211231__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--InForeclosureMember_fKDEp_zeSZAx1NpML3" style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans during period"><span style="font-family: Times New Roman, Times, Serif">496,594</span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td id="xdx_989_ecustom--MortgageLoansDuringPeriod_pp0p0_c20210101__20211231__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--InForeclosureMember_fKDEp_zox9qWAy1jd1" style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans during period"><span style="font-family: Times New Roman, Times, Serif"><span style="-sec-ix-hidden: xdx2ixbrl1692">-</span></span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td id="xdx_989_ecustom--MortgageLoansDuringPeriod_pp0p0_c20210101__20211231__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--InForeclosureMember_fKDEp_zXLv2WTvqdr3" style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans during period"><span style="font-family: Times New Roman, Times, Serif">496,594</span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td></tr> <tr style="font-family: Times New Roman, Times, Serif; vertical-align: bottom; background-color: White"> <td style="font-family: Times New Roman, Times, Serif; padding-left: 10pt; text-align: left; padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif">Total Past Due</span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td id="xdx_981_ecustom--MortgageLoansDuringPeriod_pp0p0_c20210101__20211231__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--TotalPastDueMember_zQci4c5sKbBj" style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans during period"><span style="font-family: Times New Roman, Times, Serif">1,823,576</span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td id="xdx_987_ecustom--MortgageLoansDuringPeriod_pp0p0_c20210101__20211231__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--TotalPastDueMember_zOsGHBCh7hib" style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans during period"><span style="font-family: Times New Roman, Times, Serif">6,247,297</span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td id="xdx_983_ecustom--MortgageLoansDuringPeriod_pp0p0_c20210101__20211231__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--TotalPastDueMember_zxygW9Vj0Yn2" style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans during period"><span style="font-family: Times New Roman, Times, Serif">1,363,127</span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td id="xdx_98C_ecustom--MortgageLoansDuringPeriod_pp0p0_c20210101__20211231__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--TotalPastDueMember_zaSDzUPP3je5" style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans during period"><span style="font-family: Times New Roman, Times, Serif">9,434,000</span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td></tr> <tr style="font-family: Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font-family: Times New Roman, Times, Serif; padding-left: 10pt; padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif">Current</span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td id="xdx_983_ecustom--MortgageLoansDuringPeriod_pp0p0_c20210101__20211231__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--CurrentMember_zMsNcnJ9ruNi" style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans during period"><span style="font-family: Times New Roman, Times, Serif">49,859,446</span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td id="xdx_98C_ecustom--MortgageLoansDuringPeriod_pp0p0_c20210101__20211231__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--CurrentMember_zM92QeaZtDSd" style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans during period"><span style="font-family: Times New Roman, Times, Serif">47,286,415</span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td id="xdx_98A_ecustom--MortgageLoansDuringPeriod_pp0p0_c20210101__20211231__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--CurrentMember_zhq2vBUrfGze" style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans during period"><span style="font-family: Times New Roman, Times, Serif">173,754,656</span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td id="xdx_988_ecustom--MortgageLoansDuringPeriod_pp0p0_c20210101__20211231__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--CurrentMember_z9h37tz4qqM" style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans during period"><span style="font-family: Times New Roman, Times, Serif">270,900,517</span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td></tr> <tr style="font-family: Times New Roman, Times, Serif; vertical-align: bottom; background-color: White"> <td style="font-family: Times New Roman, Times, Serif; padding-left: 10pt; text-align: left; padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif">Total Mortgage Loans</span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td id="xdx_984_ecustom--MortgageLoansDuringPeriod_pp0p0_c20210101__20211231__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember_zs0m7dXskNJi" style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans during period"><span style="font-family: Times New Roman, Times, Serif">51,683,022</span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td id="xdx_984_ecustom--MortgageLoansDuringPeriod_pp0p0_c20210101__20211231__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember_zigVPSP3HRfe" style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans during period"><span style="font-family: Times New Roman, Times, Serif">53,533,712</span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td id="xdx_981_ecustom--MortgageLoansDuringPeriod_pp0p0_c20210101__20211231__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember_zOj1lh1Fsird" style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans during period"><span style="font-family: Times New Roman, Times, Serif">175,117,783</span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td id="xdx_98A_ecustom--MortgageLoansDuringPeriod_pp0p0_c20210101__20211231_zLJ43QILT0o1" style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans during period"><span style="font-family: Times New Roman, Times, Serif">280,334,517</span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td></tr> <tr style="font-family: Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font-family: Times New Roman, Times, Serif; padding-left: 10pt; text-align: left"><span style="font-family: Times New Roman, Times, Serif">Allowance for Loan Losses</span></td><td style="font-family: Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td id="xdx_987_ecustom--MortgageLoansAllowanceForLoanLosses_pp0p0_c20210101__20211231__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember_zl5OR7vdjEPg" style="font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans, Allowance for Loan Losses"><span style="font-family: Times New Roman, Times, Serif">(187,129</span></td><td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif">)</span></td><td style="font-family: Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td id="xdx_980_ecustom--MortgageLoansAllowanceForLoanLosses_pp0p0_c20210101__20211231__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember_zs8F3XUwYkaj" style="font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans, Allowance for Loan Losses"><span style="font-family: Times New Roman, Times, Serif">(1,469,571</span></td><td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif">)</span></td><td style="font-family: Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td id="xdx_98F_ecustom--MortgageLoansAllowanceForLoanLosses_pp0p0_c20210101__20211231__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember_zUiv3E2Q44r8" style="font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans, Allowance for Loan Losses"><span style="font-family: Times New Roman, Times, Serif">(43,202</span></td><td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif">)</span></td><td style="font-family: Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td id="xdx_98A_ecustom--MortgageLoansAllowanceForLoanLosses_pp0p0_c20210101__20211231_zsxSHcE5Ccl5" style="font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans, Allowance for Loan Losses"><span style="font-family: Times New Roman, Times, Serif">(1,699,902</span></td><td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif">)</span></td></tr> <tr style="font-family: Times New Roman, Times, Serif; vertical-align: bottom; background-color: White"> <td style="font-family: Times New Roman, Times, Serif; padding-left: 10pt; text-align: left"><span style="font-family: Times New Roman, Times, Serif">Unamortized deferred loan fees, net</span></td><td style="font-family: Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td id="xdx_989_ecustom--MortgageLoansUnamortizedDeferredLoanFeesNet_pp0p0_c20210101__20211231__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember_zlxeCRrOnMM" style="font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans, Unamortized deferred loan fees, net"><span style="font-family: Times New Roman, Times, Serif">(36,813</span></td><td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif">)</span></td><td style="font-family: Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td id="xdx_98D_ecustom--MortgageLoansUnamortizedDeferredLoanFeesNet_pp0p0_c20210101__20211231__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember_z5m6mZuE2VKh" style="font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans, Unamortized deferred loan fees, net"><span style="font-family: Times New Roman, Times, Serif">(498,600</span></td><td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif">)</span></td><td style="font-family: Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td id="xdx_98D_ecustom--MortgageLoansUnamortizedDeferredLoanFeesNet_pp0p0_c20210101__20211231__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember_zCAQhP09Y958" style="font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans, Unamortized deferred loan fees, net"><span style="font-family: Times New Roman, Times, Serif">(383,173</span></td><td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif">)</span></td><td style="font-family: Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td id="xdx_981_ecustom--MortgageLoansUnamortizedDeferredLoanFeesNet_pp0p0_c20210101__20211231_zNoibGhwXo26" style="font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans, Unamortized deferred loan fees, net"><span style="font-family: Times New Roman, Times, Serif">(918,586</span></td><td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif">)</span></td></tr> <tr style="font-family: Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font-family: Times New Roman, Times, Serif; padding-left: 10pt; text-align: left; padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif">Unamortized discounts, net</span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td id="xdx_986_ecustom--MortgageLoansUnamortizedDiscountsNet_pp0p0_c20210101__20211231__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember_zMVUjvW9ZI5h" style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans, Unamortized discounts, net"><span style="font-family: Times New Roman, Times, Serif">(240,614</span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left"><span style="font-family: Times New Roman, Times, Serif">)</span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td id="xdx_98C_ecustom--MortgageLoansUnamortizedDiscountsNet_pp0p0_c20210101__20211231__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember_z92RJnrIAudl" style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans, Unamortized discounts, net"><span style="font-family: Times New Roman, Times, Serif">(169,369</span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left"><span style="font-family: Times New Roman, Times, Serif">)</span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td id="xdx_984_ecustom--MortgageLoansUnamortizedDiscountsNet_pp0p0_c20210101__20211231__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember_zWRuZFTMA48e" style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans, Unamortized discounts, net"><span style="font-family: Times New Roman, Times, Serif"><span style="-sec-ix-hidden: xdx2ixbrl1740">-</span></span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td id="xdx_98F_ecustom--MortgageLoansUnamortizedDiscountsNet_pp0p0_c20210101__20211231_zX6ktrRiQbU8" style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans, Unamortized discounts, net"><span style="font-family: Times New Roman, Times, Serif">(409,983</span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left"><span style="font-family: Times New Roman, Times, Serif">)</span></td></tr> <tr style="font-family: Times New Roman, Times, Serif; vertical-align: bottom; background-color: White"> <td style="font-family: Times New Roman, Times, Serif; padding-left: 10pt; text-align: left; padding-bottom: 2.5pt"><span style="font-family: Times New Roman, Times, Serif">Net Mortgage Loans</span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 2.5pt"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="border-bottom: Black 2.5pt double; font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif">$</span></td><td id="xdx_987_ecustom--MortgageLoansDuringPeriod_pp0p0_c20210101__20211231__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--NetMortgageLoansMember_zIvh5rHJOcW9" style="border-bottom: Black 2.5pt double; font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans during period"><span style="font-family: Times New Roman, Times, Serif">51,218,466</span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 2.5pt; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 2.5pt"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="border-bottom: Black 2.5pt double; font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif">$</span></td><td id="xdx_98D_ecustom--MortgageLoansDuringPeriod_pp0p0_c20210101__20211231__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--NetMortgageLoansMember_zefZKyOCtukf" style="border-bottom: Black 2.5pt double; font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans during period"><span style="font-family: Times New Roman, Times, Serif">51,396,172</span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 2.5pt; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 2.5pt"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="border-bottom: Black 2.5pt double; font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif">$</span></td><td id="xdx_985_ecustom--MortgageLoansDuringPeriod_pp0p0_c20210101__20211231__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--NetMortgageLoansMember_zCqSDIPiEYAl" style="border-bottom: Black 2.5pt double; font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans during period"><span style="font-family: Times New Roman, Times, Serif">174,691,408</span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 2.5pt; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 2.5pt"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="border-bottom: Black 2.5pt double; font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif">$</span></td><td id="xdx_986_ecustom--MortgageLoansDuringPeriod_pp0p0_c20210101__20211231__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--NetMortgageLoansMember_z2v0f8ELiIi1" style="border-bottom: Black 2.5pt double; font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans during period"><span style="font-family: Times New Roman, Times, Serif">277,306,046</span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 2.5pt; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td></tr> <tr style="font-family: Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font-family: Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif; text-align: right"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif; text-align: right"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif; text-align: right"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif; text-align: right"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td></tr> <tr style="font-family: Times New Roman, Times, Serif; vertical-align: bottom; background-color: White"> <td style="text-decoration: underline; font-family: Times New Roman, Times, Serif; font-weight: bold"><span style="font-family: Times New Roman, Times, Serif">December 31, 2020</span></td><td style="font-family: Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif; text-align: right"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif; text-align: right"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif; text-align: right"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif; text-align: right"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td></tr> <tr style="font-family: Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font-family: Times New Roman, Times, Serif; padding-left: 10pt; text-align: left"><span style="font-family: Times New Roman, Times, Serif">30-59 Days Past Due</span></td><td style="font-family: Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif">$</span></td><td id="xdx_989_ecustom--MortgageLoansDuringPeriod_c20200101__20201231__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--PastDue30To59DaysMember_pp0p0" style="font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans during period"><span style="font-family: Times New Roman, Times, Serif">233,200</span></td><td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif">$</span></td><td id="xdx_980_ecustom--MortgageLoansDuringPeriod_c20200101__20201231__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--PastDue30To59DaysMember_pp0p0" style="font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans during period"><span style="font-family: Times New Roman, Times, Serif">5,866,505</span></td><td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif">$</span></td><td id="xdx_983_ecustom--MortgageLoansDuringPeriod_c20200101__20201231__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--PastDue30To59DaysMember_pp0p0" style="font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans during period"><span style="font-family: Times New Roman, Times, Serif">127,191</span></td><td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif">$</span></td><td id="xdx_984_ecustom--MortgageLoansDuringPeriod_c20200101__20201231__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--PastDue30To59DaysMember_pp0p0" style="font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans during period"><span style="font-family: Times New Roman, Times, Serif">6,226,896</span></td><td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td></tr> <tr style="font-family: Times New Roman, Times, Serif; vertical-align: bottom; background-color: White"> <td style="font-family: Times New Roman, Times, Serif; padding-left: 10pt; text-align: left"><span style="font-family: Times New Roman, Times, Serif">60-89 Days Past Due</span></td><td style="font-family: Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td id="xdx_983_ecustom--MortgageLoansDuringPeriod_c20200101__20201231__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--PastDue60To89DaysMember_pp0p0" style="font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans during period"><span style="font-family: Times New Roman, Times, Serif">812,780</span></td><td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td id="xdx_98A_ecustom--MortgageLoansDuringPeriod_c20200101__20201231__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--PastDue60To89DaysMember_pp0p0" style="font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans during period"><span style="font-family: Times New Roman, Times, Serif">2,048,148</span></td><td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td id="xdx_985_ecustom--MortgageLoansDuringPeriod_c20200101__20201231__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--PastDue60To89DaysMember_pp0p0" style="font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans during period"><span style="font-family: Times New Roman, Times, Serif"><span style="-sec-ix-hidden: xdx2ixbrl1764">-</span></span></td><td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td id="xdx_98E_ecustom--MortgageLoansDuringPeriod_c20200101__20201231__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--PastDue60To89DaysMember_pp0p0" style="font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans during period"><span style="font-family: Times New Roman, Times, Serif">2,860,928</span></td><td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td></tr> <tr style="font-family: Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font-family: Times New Roman, Times, Serif; padding-left: 10pt; text-align: left"><span id="xdx_F4D_zOb9tzvDfqd1" style="font-family: Times New Roman, Times, Serif">Greater Than 90 Days (1)</span></td><td style="font-family: Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td id="xdx_98F_ecustom--MortgageLoansDuringPeriod_pp0p0_c20200101__20201231__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--PastDue90OrMoreDaysMember_fKDEp_zC9zevLjKSte" style="font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans during period"><span style="font-family: Times New Roman, Times, Serif">2,148,827</span></td><td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td id="xdx_983_ecustom--MortgageLoansDuringPeriod_pp0p0_c20200101__20201231__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--PastDue90OrMoreDaysMember_fKDEp_zJyr20ud6ail" style="font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans during period"><span style="font-family: Times New Roman, Times, Serif">5,669,583</span></td><td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td id="xdx_98C_ecustom--MortgageLoansDuringPeriod_pp0p0_c20200101__20201231__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--PastDue90OrMoreDaysMember_fKDEp_zu0w6dOgYdT9" style="font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans during period"><span style="font-family: Times New Roman, Times, Serif"><span style="-sec-ix-hidden: xdx2ixbrl1772">-</span></span></td><td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td id="xdx_989_ecustom--MortgageLoansDuringPeriod_pp0p0_c20200101__20201231__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--PastDue90OrMoreDaysMember_fKDEp_znV3BrfgFyv6" style="font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans during period"><span style="font-family: Times New Roman, Times, Serif">7,818,410</span></td><td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td></tr> <tr style="font-family: Times New Roman, Times, Serif; vertical-align: bottom; background-color: White"> <td style="font-family: Times New Roman, Times, Serif; padding-left: 10pt; text-align: left; padding-bottom: 1pt"><span id="xdx_F47_z5j7SppsVD22" style="font-family: Times New Roman, Times, Serif">In Process of Foreclosure (1)</span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td id="xdx_98D_ecustom--MortgageLoansDuringPeriod_pp0p0_c20200101__20201231__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--InForeclosureMember_fKDEp_zzfVsvouRQDa" style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans during period"><span style="font-family: Times New Roman, Times, Serif"><span style="-sec-ix-hidden: xdx2ixbrl1776">-</span></span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td id="xdx_980_ecustom--MortgageLoansDuringPeriod_pp0p0_c20200101__20201231__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--InForeclosureMember_fKDEp_zwfkMaM1esFe" style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans during period"><span style="font-family: Times New Roman, Times, Serif">2,263,097</span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td id="xdx_984_ecustom--MortgageLoansDuringPeriod_pp0p0_c20200101__20201231__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--InForeclosureMember_fKDEp_zjz8nHkO4XJ8" style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans during period"><span style="font-family: Times New Roman, Times, Serif">200,963</span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td id="xdx_98F_ecustom--MortgageLoansDuringPeriod_pp0p0_c20200101__20201231__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--InForeclosureMember_fKDEp_zdB3OmmNjwS2" style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans during period"><span style="font-family: Times New Roman, Times, Serif">2,464,060</span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td></tr> <tr style="font-family: Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font-family: Times New Roman, Times, Serif; padding-left: 10pt; text-align: left; padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif">Total Past Due</span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td id="xdx_984_ecustom--MortgageLoansDuringPeriod_c20200101__20201231__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--TotalPastDueMember_pp0p0" style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans during period"><span style="font-family: Times New Roman, Times, Serif">3,194,807</span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td id="xdx_98D_ecustom--MortgageLoansDuringPeriod_c20200101__20201231__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--TotalPastDueMember_pp0p0" style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans during period"><span style="font-family: Times New Roman, Times, Serif">15,847,333</span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td id="xdx_981_ecustom--MortgageLoansDuringPeriod_c20200101__20201231__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--TotalPastDueMember_pp0p0" style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans during period"><span style="font-family: Times New Roman, Times, Serif">328,154</span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td id="xdx_980_ecustom--MortgageLoansDuringPeriod_c20200101__20201231__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--TotalPastDueMember_pp0p0" style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans during period"><span style="font-family: Times New Roman, Times, Serif">19,370,294</span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td></tr> <tr style="font-family: Times New Roman, Times, Serif; vertical-align: bottom; background-color: White"> <td style="font-family: Times New Roman, Times, Serif; padding-left: 10pt; padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif">Current</span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td id="xdx_984_ecustom--MortgageLoansDuringPeriod_c20200101__20201231__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--CurrentMember_pp0p0" style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans during period"><span style="font-family: Times New Roman, Times, Serif">43,642,059</span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td id="xdx_984_ecustom--MortgageLoansDuringPeriod_c20200101__20201231__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--CurrentMember_pp0p0" style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans during period"><span style="font-family: Times New Roman, Times, Serif">79,975,115</span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td id="xdx_984_ecustom--MortgageLoansDuringPeriod_c20200101__20201231__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--CurrentMember_pp0p0" style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans during period"><span style="font-family: Times New Roman, Times, Serif">110,783,623</span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td id="xdx_98B_ecustom--MortgageLoansDuringPeriod_c20200101__20201231__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--CurrentMember_pp0p0" style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans during period"><span style="font-family: Times New Roman, Times, Serif">234,400,797</span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td></tr> <tr style="font-family: Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font-family: Times New Roman, Times, Serif; padding-left: 10pt; text-align: left; padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif">Total Mortgage Loans</span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td id="xdx_981_ecustom--MortgageLoansDuringPeriod_c20200101__20201231__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember_pp0p0" style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans during period"><span style="font-family: Times New Roman, Times, Serif">46,836,866</span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td id="xdx_984_ecustom--MortgageLoansDuringPeriod_c20200101__20201231__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember_pp0p0" style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans during period"><span style="font-family: Times New Roman, Times, Serif">95,822,448</span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td id="xdx_984_ecustom--MortgageLoansDuringPeriod_c20200101__20201231__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember_pp0p0" style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans during period"><span style="font-family: Times New Roman, Times, Serif">111,111,777</span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td id="xdx_982_ecustom--MortgageLoansDuringPeriod_c20200101__20201231_pp0p0" style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans during period"><span style="font-family: Times New Roman, Times, Serif">253,771,091</span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td></tr> <tr style="font-family: Times New Roman, Times, Serif; vertical-align: bottom; background-color: White"> <td style="font-family: Times New Roman, Times, Serif; padding-left: 10pt; text-align: left"><span style="font-family: Times New Roman, Times, Serif">Allowance for Loan Losses</span></td><td style="font-family: Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td id="xdx_981_ecustom--MortgageLoansAllowanceForLoanLosses_c20200101__20201231__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember_pp0p0" style="font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans, Allowance for Loan Losses"><span style="font-family: Times New Roman, Times, Serif">(187,129</span></td><td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif">)</span></td><td style="font-family: Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td id="xdx_985_ecustom--MortgageLoansAllowanceForLoanLosses_c20200101__20201231__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember_pp0p0" style="font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans, Allowance for Loan Losses"><span style="font-family: Times New Roman, Times, Serif">(1,774,796</span></td><td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif">)</span></td><td style="font-family: Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td id="xdx_98C_ecustom--MortgageLoansAllowanceForLoanLosses_c20200101__20201231__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember_pp0p0" style="font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans, Allowance for Loan Losses"><span style="font-family: Times New Roman, Times, Serif">(43,202</span></td><td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif">)</span></td><td style="font-family: Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td id="xdx_98B_ecustom--MortgageLoansAllowanceForLoanLosses_c20200101__20201231_pp0p0" style="font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans, Allowance for Loan Losses"><span style="font-family: Times New Roman, Times, Serif">(2,005,127</span></td><td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif">)</span></td></tr> <tr style="font-family: Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font-family: Times New Roman, Times, Serif; padding-left: 10pt; text-align: left"><span style="font-family: Times New Roman, Times, Serif">Unamortized deferred loan fees, net</span></td><td style="font-family: Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td id="xdx_98A_ecustom--MortgageLoansUnamortizedDeferredLoanFeesNet_c20200101__20201231__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember_pp0p0" style="font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans, Unamortized deferred loan fees, net"><span style="font-family: Times New Roman, Times, Serif">(32,557</span></td><td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif">)</span></td><td style="font-family: Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td id="xdx_982_ecustom--MortgageLoansUnamortizedDeferredLoanFeesNet_c20200101__20201231__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember_pp0p0" style="font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans, Unamortized deferred loan fees, net"><span style="font-family: Times New Roman, Times, Serif">(909,864</span></td><td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif">)</span></td><td style="font-family: Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td id="xdx_98A_ecustom--MortgageLoansUnamortizedDeferredLoanFeesNet_c20200101__20201231__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember_pp0p0" style="font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans, Unamortized deferred loan fees, net"><span style="font-family: Times New Roman, Times, Serif">(218,711</span></td><td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif">)</span></td><td style="font-family: Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td id="xdx_98B_ecustom--MortgageLoansUnamortizedDeferredLoanFeesNet_c20200101__20201231_pp0p0" style="font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans, Unamortized deferred loan fees, net"><span style="font-family: Times New Roman, Times, Serif">(1,161,132</span></td><td style="font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif">)</span></td></tr> <tr style="font-family: Times New Roman, Times, Serif; vertical-align: bottom; background-color: White"> <td style="font-family: Times New Roman, Times, Serif; padding-left: 10pt; text-align: left; padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif">Unamortized discounts, net</span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td id="xdx_981_ecustom--MortgageLoansUnamortizedDiscountsNet_c20200101__20201231__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember_pp0p0" style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans, Unamortized discounts, net"><span style="font-family: Times New Roman, Times, Serif">(880,721</span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left"><span style="font-family: Times New Roman, Times, Serif">)</span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td id="xdx_989_ecustom--MortgageLoansUnamortizedDiscountsNet_c20200101__20201231__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember_pp0p0" style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans, Unamortized discounts, net"><span style="font-family: Times New Roman, Times, Serif">(380,175</span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left"><span style="font-family: Times New Roman, Times, Serif">)</span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td id="xdx_989_ecustom--MortgageLoansUnamortizedDiscountsNet_c20200101__20201231__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember_pp0p0" style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans, Unamortized discounts, net"><span style="font-family: Times New Roman, Times, Serif"><span style="-sec-ix-hidden: xdx2ixbrl1828">-</span></span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td id="xdx_983_ecustom--MortgageLoansUnamortizedDiscountsNet_c20200101__20201231_pp0p0" style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans, Unamortized discounts, net"><span style="font-family: Times New Roman, Times, Serif">(1,260,896</span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left"><span style="font-family: Times New Roman, Times, Serif">)</span></td></tr> <tr style="font-family: Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font-family: Times New Roman, Times, Serif; padding-left: 10pt; text-align: left; padding-bottom: 2.5pt"><span style="font-family: Times New Roman, Times, Serif">Net Mortgage Loans</span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 2.5pt"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="border-bottom: Black 2.5pt double; font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif">$</span></td><td id="xdx_980_ecustom--MortgageLoansDuringPeriod_c20200101__20201231__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--NetMortgageLoansMember_pp0p0" style="border-bottom: Black 2.5pt double; font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans during period"><span style="font-family: Times New Roman, Times, Serif">45,736,459</span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 2.5pt; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 2.5pt"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="border-bottom: Black 2.5pt double; font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif">$</span></td><td id="xdx_989_ecustom--MortgageLoansDuringPeriod_c20200101__20201231__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--NetMortgageLoansMember_pp0p0" style="border-bottom: Black 2.5pt double; font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans during period"><span style="font-family: Times New Roman, Times, Serif">92,757,613</span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 2.5pt; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 2.5pt"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="border-bottom: Black 2.5pt double; font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif">$</span></td><td id="xdx_989_ecustom--MortgageLoansDuringPeriod_c20200101__20201231__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--NetMortgageLoansMember_pp0p0" style="border-bottom: Black 2.5pt double; font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans during period"><span style="font-family: Times New Roman, Times, Serif">110,849,864</span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 2.5pt; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 2.5pt"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="border-bottom: Black 2.5pt double; font-family: Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif">$</span></td><td id="xdx_98F_ecustom--MortgageLoansDuringPeriod_c20200101__20201231__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--NetMortgageLoansMember_pp0p0" style="border-bottom: Black 2.5pt double; font-family: Times New Roman, Times, Serif; text-align: right" title="Mortgage Loans during period"><span style="font-family: Times New Roman, Times, Serif">249,343,936</span></td><td style="font-family: Times New Roman, Times, Serif; padding-bottom: 2.5pt; text-align: left"><span style="font-family: Times New Roman, Times, Serif"> </span></td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0pt; margin-bottom: 0pt"/> <div style="width: 15%"><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"><span id="xdx_F0E_zyVKgLEdJwp5" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(1)</span></td><td style="width: 5pt"/><td style="text-align: justify"><span id="xdx_F1B_zpqoaZN3eRm9" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Interest income is not recognized on loans past due greater than 90 days or in foreclosure.</span></td> </tr></table> 3117826 1363127 4480953 100204 580815 681019 1723372 2052062 3775434 496594 496594 1823576 6247297 1363127 9434000 49859446 47286415 173754656 270900517 51683022 53533712 175117783 280334517 -187129 -1469571 -43202 -1699902 -36813 -498600 -383173 -918586 -240614 -169369 -409983 51218466 51396172 174691408 277306046 233200 5866505 127191 6226896 812780 2048148 2860928 2148827 5669583 7818410 2263097 200963 2464060 3194807 15847333 328154 19370294 43642059 79975115 110783623 234400797 46836866 95822448 111111777 253771091 -187129 -1774796 -43202 -2005127 -32557 -909864 -218711 -1161132 -880721 -380175 -1260896 45736459 92757613 110849864 249343936 <p id="xdx_894_ecustom--ScheduleOfImpairedMortgageLoansTextBlock_zxecLGN9V601" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span id="xdx_8BE_zI4qTwZV7fo2" style="display: none">Schedule of Impaired Mortgage Loans</span><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 95%"> <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">Recorded Investment</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">Unpaid Principal Balance</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">Related Allowance</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 Recorded Investment</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">Interest Income Recognized</td><td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-decoration: underline; font-weight: bold">December 31, 2021</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="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">With no related allowance recorded:</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="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%">Commercial</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_98B_eus-gaap--ImpairedFinancingReceivableWithNoRelatedAllowanceRecordedInvestment_iI_pp0p0_c20211231__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember_zwC1VkO5eQj5" style="width: 9%; text-align: right" title="Impaired Financing Receivable, with No Related Allowance, Recorded Investment">1,723,372</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_989_eus-gaap--ImpairedFinancingReceivableWithNoRelatedAllowanceUnpaidPrincipalBalance_iI_pp0p0_c20211231__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember_zt7Pti2ch43h" style="width: 9%; text-align: right" title="Impaired Financing Receivable, with No Related Allowance, Unpaid Principal Balance">1,723,372</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_989_ecustom--ImpairedFinancingReceivableWithNoRelatedAllowance_iI_pp0p0_c20211231__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember_zoC5dnz4KHI9" style="width: 9%; text-align: right" title="Impaired Financing Receivable, with No Related Allowance"><span style="-sec-ix-hidden: xdx2ixbrl1847">-</span></td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_989_eus-gaap--ImpairedFinancingReceivableWithNoRelatedAllowanceAverageRecordedInvestment_pp0p0_c20210101__20211231__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember_zF6fTeXi0HZb" style="width: 9%; text-align: right" title="Impaired Financing Receivable, with No Related Allowance, Average Recorded Investment">1,053,865</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_985_eus-gaap--ImpairedFinancingReceivableWithNoRelatedAllowanceInterestIncomeAccrualMethod_pp0p0_c20210101__20211231__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember_zOyQyERzxQUa" style="width: 9%; text-align: right" title="Impaired Financing Receivable, with No Interest Income Recognized"><span style="-sec-ix-hidden: xdx2ixbrl1851">-</span></td><td style="width: 1%; 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_98F_eus-gaap--ImpairedFinancingReceivableWithNoRelatedAllowanceRecordedInvestment_iI_pp0p0_c20211231__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember_zioX8p7sBn72" style="text-align: right" title="Impaired Financing Receivable, with No Related Allowance, Recorded Investment">1,591,368</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98A_eus-gaap--ImpairedFinancingReceivableWithNoRelatedAllowanceUnpaidPrincipalBalance_iI_pp0p0_c20211231__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember_zPuiw3SBozL4" style="text-align: right" title="Impaired Financing Receivable, with No Related Allowance, Unpaid Principal Balance">1,591,368</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_989_ecustom--ImpairedFinancingReceivableWithNoRelatedAllowance_iI_pp0p0_c20211231__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember_zrsJ5ZZ2mKDi" style="text-align: right" title="Impaired Financing Receivable, with No Related Allowance"><span style="-sec-ix-hidden: xdx2ixbrl1857">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_982_eus-gaap--ImpairedFinancingReceivableWithNoRelatedAllowanceAverageRecordedInvestment_pp0p0_c20210101__20211231__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember_zpDDBmWgXkFj" style="text-align: right" title="Impaired Financing Receivable, with No Related Allowance, Average Recorded Investment">2,731,421</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_982_eus-gaap--ImpairedFinancingReceivableWithNoRelatedAllowanceInterestIncomeAccrualMethod_pp0p0_c20210101__20211231__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember_zdwabVvqnij9" style="text-align: right" title="Impaired Financing Receivable, with No Interest Income Recognized"><span style="-sec-ix-hidden: xdx2ixbrl1861">-</span></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_985_eus-gaap--ImpairedFinancingReceivableWithNoRelatedAllowanceRecordedInvestment_iI_pp0p0_c20211231__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember_zaOfZBzig2C4" style="text-align: right" title="Impaired Financing Receivable, with No Related Allowance, Recorded Investment"><span style="-sec-ix-hidden: xdx2ixbrl1863">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_981_eus-gaap--ImpairedFinancingReceivableWithNoRelatedAllowanceUnpaidPrincipalBalance_iI_pp0p0_c20211231__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember_zeD6YcBJz8V7" style="text-align: right" title="Impaired Financing Receivable, with No Related Allowance, Unpaid Principal Balance"><span style="-sec-ix-hidden: xdx2ixbrl1865">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_985_ecustom--ImpairedFinancingReceivableWithNoRelatedAllowance_iI_pp0p0_c20211231__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember_znjOrA1Mhum5" style="text-align: right" title="Impaired Financing Receivable, with No Related Allowance"><span style="-sec-ix-hidden: xdx2ixbrl1867">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_989_eus-gaap--ImpairedFinancingReceivableWithNoRelatedAllowanceAverageRecordedInvestment_pp0p0_c20210101__20211231__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember_zZjRHEYUiQu6" style="text-align: right" title="Impaired Financing Receivable, with No Related Allowance, Average Recorded Investment">100,481</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_983_eus-gaap--ImpairedFinancingReceivableWithNoRelatedAllowanceInterestIncomeAccrualMethod_pp0p0_c20210101__20211231__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember_zFw25nS1wO57" style="text-align: right" title="Impaired Financing Receivable, with No Interest Income Recognized"><span style="-sec-ix-hidden: xdx2ixbrl1871">-</span></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">With an allowance recorded:</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="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">$</td><td id="xdx_987_eus-gaap--ImpairedFinancingReceivableWithRelatedAllowanceRecordedInvestment_iI_pp0p0_c20211231__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember_zRcRksBpJyUd" style="text-align: right" title="Impaired Financing Receivable, with Related Allowance, Recorded Investment"><span style="-sec-ix-hidden: xdx2ixbrl1873">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td id="xdx_98B_eus-gaap--ImpairedFinancingReceivableWithRelatedAllowanceUnpaidPrincipalBalance_iI_pp0p0_c20211231__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember_zFyLorWivLF5" style="text-align: right" title="Impaired Financing Receivable, with Related Allowance, Unpaid Principal Balance"><span style="-sec-ix-hidden: xdx2ixbrl1875">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td id="xdx_980_eus-gaap--ImpairedFinancingReceivableRelatedAllowance_iI_pp0p0_c20211231__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember_z0Y8mcmMjkth" style="text-align: right" title="Impaired Financing Receivable, Related Allowance"><span style="-sec-ix-hidden: xdx2ixbrl1877">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td id="xdx_980_eus-gaap--ImpairedFinancingReceivableWithRelatedAllowanceAverageRecordedInvestment_pp0p0_c20210101__20211231__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember_zyVaOkcQ6dp5" style="text-align: right" title="Impaired Financing Receivable, with Related Allowance, Average Recorded Investment"><span style="-sec-ix-hidden: xdx2ixbrl1879">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td id="xdx_984_eus-gaap--ImpairedFinancingReceivableWithRelatedAllowanceInterestIncomeAccrualMethod_pp0p0_c20210101__20211231__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember_z5X9iaY307R9" style="text-align: right" title="Impaired Financing Receivable, with Interest Income Recognized"><span style="-sec-ix-hidden: xdx2ixbrl1881">-</span></td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 10pt">Residential</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98B_eus-gaap--ImpairedFinancingReceivableWithRelatedAllowanceRecordedInvestment_iI_pp0p0_c20211231__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember_zrijZbfcvQ4d" style="text-align: right" title="Impaired Financing Receivable, with Related Allowance, Recorded Investment">957,288</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98C_eus-gaap--ImpairedFinancingReceivableWithRelatedAllowanceUnpaidPrincipalBalance_iI_pp0p0_c20211231__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember_ztYLC2i3aIU8" style="text-align: right" title="Impaired Financing Receivable, with Related Allowance, Unpaid Principal Balance">957,288</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_983_eus-gaap--ImpairedFinancingReceivableRelatedAllowance_iI_pp0p0_c20211231__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember_zY1i6oyT9JW6" style="text-align: right" title="Impaired Financing Receivable, Related Allowance">105,384</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_986_eus-gaap--ImpairedFinancingReceivableWithRelatedAllowanceAverageRecordedInvestment_pp0p0_c20210101__20211231__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember_zvns6Rq6fnJa" style="text-align: right" title="Impaired Financing Receivable, with Related Allowance, Average Recorded Investment">726,449</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_984_eus-gaap--ImpairedFinancingReceivableWithRelatedAllowanceInterestIncomeAccrualMethod_pp0p0_c20210101__20211231__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember_zBC8SQ0Qk951" style="text-align: right" title="Impaired Financing Receivable, with Interest Income Recognized"><span style="-sec-ix-hidden: xdx2ixbrl1891">-</span></td><td style="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_989_eus-gaap--ImpairedFinancingReceivableWithRelatedAllowanceRecordedInvestment_iI_pp0p0_c20211231__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember_zrUgVZim1emk" style="text-align: right" title="Impaired Financing Receivable, with Related Allowance, Recorded Investment"><span style="-sec-ix-hidden: xdx2ixbrl1893">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_987_eus-gaap--ImpairedFinancingReceivableWithRelatedAllowanceUnpaidPrincipalBalance_iI_pp0p0_c20211231__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember_zA8aNVHg8dHk" style="text-align: right" title="Impaired Financing Receivable, with Related Allowance, Unpaid Principal Balance"><span style="-sec-ix-hidden: xdx2ixbrl1895">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_984_eus-gaap--ImpairedFinancingReceivableRelatedAllowance_iI_pp0p0_c20211231__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember_zPazs94Kgzb9" style="text-align: right" title="Impaired Financing Receivable, Related Allowance"><span style="-sec-ix-hidden: xdx2ixbrl1897">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_986_eus-gaap--ImpairedFinancingReceivableWithRelatedAllowanceAverageRecordedInvestment_pp0p0_c20210101__20211231__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember_zA3xVRqlduBf" style="text-align: right" title="Impaired Financing Receivable, with Related Allowance, Average Recorded Investment"><span style="-sec-ix-hidden: xdx2ixbrl1899">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98B_eus-gaap--ImpairedFinancingReceivableWithRelatedAllowanceInterestIncomeAccrualMethod_pp0p0_c20210101__20211231__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember_zhzUkuvoPyph" style="text-align: right" title="Impaired Financing Receivable, with Interest Income Recognized"><span style="-sec-ix-hidden: xdx2ixbrl1901">-</span></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 style="vertical-align: bottom; background-color: White"> <td>Total:</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="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">Commercial</td><td> </td> <td style="text-align: left">$</td><td id="xdx_981_eus-gaap--ImpairedFinancingReceivableWithRelatedAllowanceRecordedInvestment_iI_pp0p0_c20211231__us-gaap--ContractWithCustomerDurationAxis__custom--TotalMember__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember_zh5pQgsPTad8" style="text-align: right" title="Impaired Financing Receivable, with Related Allowance, Recorded Investment">1,723,372</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td id="xdx_980_eus-gaap--ImpairedFinancingReceivableWithRelatedAllowanceUnpaidPrincipalBalance_iI_pp0p0_c20211231__us-gaap--ContractWithCustomerDurationAxis__custom--TotalMember__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember_zdQeVw4on0Zj" style="text-align: right" title="Impaired Financing Receivable, with Related Allowance, Unpaid Principal Balance">1,723,372</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td id="xdx_98E_eus-gaap--ImpairedFinancingReceivableRelatedAllowance_iI_pp0p0_c20211231__us-gaap--ContractWithCustomerDurationAxis__custom--TotalMember__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember_z2jygiwYdY8d" style="text-align: right" title="Impaired Financing Receivable, Related Allowance"><span style="-sec-ix-hidden: xdx2ixbrl1907">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td id="xdx_983_eus-gaap--ImpairedFinancingReceivableWithRelatedAllowanceAverageRecordedInvestment_pp0p0_c20210101__20211231__us-gaap--ContractWithCustomerDurationAxis__custom--TotalMember__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember_zpsXvFfID6uc" style="text-align: right" title="Impaired Financing Receivable, with Related Allowance, Average Recorded Investment">1,053,865</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td id="xdx_98E_eus-gaap--ImpairedFinancingReceivableWithRelatedAllowanceInterestIncomeAccrualMethod_pp0p0_c20210101__20211231__us-gaap--ContractWithCustomerDurationAxis__custom--TotalMember__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember_zrEDyxj1fouc" style="text-align: right" title="Impaired Financing Receivable, with Interest Income Recognized"><span style="-sec-ix-hidden: xdx2ixbrl1911">-</span></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--ImpairedFinancingReceivableWithRelatedAllowanceRecordedInvestment_iI_pp0p0_c20211231__us-gaap--ContractWithCustomerDurationAxis__custom--TotalMember__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember_zS40Xc3aFYue" style="text-align: right" title="Impaired Financing Receivable, with Related Allowance, Recorded Investment">2,548,656</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98A_eus-gaap--ImpairedFinancingReceivableWithRelatedAllowanceUnpaidPrincipalBalance_iI_pp0p0_c20211231__us-gaap--ContractWithCustomerDurationAxis__custom--TotalMember__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember_zJKJC8s3iGFc" style="text-align: right" title="Impaired Financing Receivable, with Related Allowance, Unpaid Principal Balance">2,548,656</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98E_eus-gaap--ImpairedFinancingReceivableRelatedAllowance_iI_pp0p0_c20211231__us-gaap--ContractWithCustomerDurationAxis__custom--TotalMember__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember_zhXEKwIiJsVi" style="text-align: right" title="Impaired Financing Receivable, Related Allowance">105,384</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98E_eus-gaap--ImpairedFinancingReceivableWithRelatedAllowanceAverageRecordedInvestment_pp0p0_c20210101__20211231__us-gaap--ContractWithCustomerDurationAxis__custom--TotalMember__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember_zoTgnJCkMRuh" style="text-align: right" title="Impaired Financing Receivable, with Related Allowance, Average Recorded Investment">3,457,870</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_985_eus-gaap--ImpairedFinancingReceivableWithRelatedAllowanceInterestIncomeAccrualMethod_pp0p0_c20210101__20211231__us-gaap--ContractWithCustomerDurationAxis__custom--TotalMember__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember_zxkptXdzGkmd" style="text-align: right" title="Impaired Financing Receivable, with Interest Income Recognized"><span style="-sec-ix-hidden: xdx2ixbrl1921">-</span></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_987_eus-gaap--ImpairedFinancingReceivableWithRelatedAllowanceRecordedInvestment_iI_pp0p0_c20211231__us-gaap--ContractWithCustomerDurationAxis__custom--TotalMember__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember_zQLliy9hIJId" style="text-align: right" title="Impaired Financing Receivable, with Related Allowance, Recorded Investment"><span style="-sec-ix-hidden: xdx2ixbrl1923">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98C_eus-gaap--ImpairedFinancingReceivableWithRelatedAllowanceUnpaidPrincipalBalance_iI_pp0p0_c20211231__us-gaap--ContractWithCustomerDurationAxis__custom--TotalMember__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember_zKlahXgZmEMj" style="text-align: right" title="Impaired Financing Receivable, with Related Allowance, Unpaid Principal Balance"><span style="-sec-ix-hidden: xdx2ixbrl1925">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_989_eus-gaap--ImpairedFinancingReceivableRelatedAllowance_iI_pp0p0_c20211231__us-gaap--ContractWithCustomerDurationAxis__custom--TotalMember__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember_zGFskaSNav9h" style="text-align: right" title="Impaired Financing Receivable, Related Allowance"><span style="-sec-ix-hidden: xdx2ixbrl1927">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_981_eus-gaap--ImpairedFinancingReceivableWithRelatedAllowanceAverageRecordedInvestment_pp0p0_c20210101__20211231__us-gaap--ContractWithCustomerDurationAxis__custom--TotalMember__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember_zGWHXthc13Td" style="text-align: right" title="Impaired Financing Receivable, with Related Allowance, Average Recorded Investment">100,481</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98E_eus-gaap--ImpairedFinancingReceivableWithRelatedAllowanceInterestIncomeAccrualMethod_pp0p0_c20210101__20211231__us-gaap--ContractWithCustomerDurationAxis__custom--TotalMember__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember_zJfaZMbvTLc8" style="text-align: right" title="Impaired Financing Receivable, with Interest Income Recognized"><span style="-sec-ix-hidden: xdx2ixbrl1931">-</span></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">December 31, 2020</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="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">With no related allowance recorded:</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="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">Commercial</td><td> </td> <td style="text-align: left">$</td><td id="xdx_988_eus-gaap--ImpairedFinancingReceivableWithNoRelatedAllowanceRecordedInvestment_c20201231__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember_pp0p0" style="text-align: right" title="Impaired Financing Receivable, with No Related Allowance, Recorded Investment">2,148,827</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td id="xdx_98E_eus-gaap--ImpairedFinancingReceivableWithNoRelatedAllowanceUnpaidPrincipalBalance_c20201231__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember_pp0p0" style="text-align: right" title="Impaired Financing Receivable, with No Related Allowance, Unpaid Principal Balance">2,148,827</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td id="xdx_987_ecustom--ImpairedFinancingReceivableWithNoRelatedAllowance_c20201231__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember_pp0p0" style="text-align: right" title="Impaired Financing Receivable, with No Related Allowance"><span style="-sec-ix-hidden: xdx2ixbrl1937">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td id="xdx_981_eus-gaap--ImpairedFinancingReceivableWithNoRelatedAllowanceAverageRecordedInvestment_c20200101__20201231__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember_pp0p0" style="text-align: right" title="Impaired Financing Receivable, with No Related Allowance, Average Recorded Investment">1,866,819</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td id="xdx_983_eus-gaap--ImpairedFinancingReceivableWithNoRelatedAllowanceInterestIncomeAccrualMethod_c20200101__20201231__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember_pp0p0" style="text-align: right" title="Impaired Financing Receivable, with No Interest Income Recognized"><span style="-sec-ix-hidden: xdx2ixbrl1941">-</span></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--ImpairedFinancingReceivableWithNoRelatedAllowanceRecordedInvestment_c20201231__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember_pp0p0" style="text-align: right" title="Impaired Financing Receivable, with No Related Allowance, Recorded Investment">6,415,419</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_981_eus-gaap--ImpairedFinancingReceivableWithNoRelatedAllowanceUnpaidPrincipalBalance_c20201231__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember_pp0p0" style="text-align: right" title="Impaired Financing Receivable, with No Related Allowance, Unpaid Principal Balance">6,415,419</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_986_ecustom--ImpairedFinancingReceivableWithNoRelatedAllowance_c20201231__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember_pp0p0" style="text-align: right" title="Impaired Financing Receivable, with No Related Allowance"><span style="-sec-ix-hidden: xdx2ixbrl1947">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98D_eus-gaap--ImpairedFinancingReceivableWithNoRelatedAllowanceAverageRecordedInvestment_c20200101__20201231__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember_pp0p0" style="text-align: right" title="Impaired Financing Receivable, with No Related Allowance, Average Recorded Investment">5,010,078</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98C_eus-gaap--ImpairedFinancingReceivableWithNoRelatedAllowanceInterestIncomeAccrualMethod_c20200101__20201231__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember_pp0p0" style="text-align: right" title="Impaired Financing Receivable, with No Interest Income Recognized"><span style="-sec-ix-hidden: xdx2ixbrl1951">-</span></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_98B_eus-gaap--ImpairedFinancingReceivableWithNoRelatedAllowanceRecordedInvestment_c20201231__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember_pp0p0" style="text-align: right" title="Impaired Financing Receivable, with No Related Allowance, Recorded Investment">200,963</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_980_eus-gaap--ImpairedFinancingReceivableWithNoRelatedAllowanceUnpaidPrincipalBalance_c20201231__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember_pp0p0" style="text-align: right" title="Impaired Financing Receivable, with No Related Allowance, Unpaid Principal Balance">200,963</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_986_ecustom--ImpairedFinancingReceivableWithNoRelatedAllowance_c20201231__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember_pp0p0" style="text-align: right" title="Impaired Financing Receivable, with No Related Allowance"><span style="-sec-ix-hidden: xdx2ixbrl1957">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_989_eus-gaap--ImpairedFinancingReceivableWithNoRelatedAllowanceAverageRecordedInvestment_c20200101__20201231__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember_pp0p0" style="text-align: right" title="Impaired Financing Receivable, with No Related Allowance, Average Recorded Investment">555,278</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98E_eus-gaap--ImpairedFinancingReceivableWithNoRelatedAllowanceInterestIncomeAccrualMethod_c20200101__20201231__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember_pp0p0" style="text-align: right" title="Impaired Financing Receivable, with No Interest Income Recognized"><span style="-sec-ix-hidden: xdx2ixbrl1961">-</span></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">With an allowance recorded:</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="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_980_eus-gaap--ImpairedFinancingReceivableWithRelatedAllowanceRecordedInvestment_c20201231__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember_pp0p0" style="text-align: right" title="Impaired Financing Receivable, with Related Allowance, Recorded Investment"><span style="-sec-ix-hidden: xdx2ixbrl1963">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td id="xdx_98C_eus-gaap--ImpairedFinancingReceivableWithRelatedAllowanceUnpaidPrincipalBalance_c20201231__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember_pp0p0" style="text-align: right" title="Impaired Financing Receivable, with Related Allowance, Unpaid Principal Balance"><span style="-sec-ix-hidden: xdx2ixbrl1965">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td id="xdx_987_eus-gaap--ImpairedFinancingReceivableRelatedAllowance_c20201231__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember_pp0p0" style="text-align: right" title="Impaired Financing Receivable, Related Allowance"><span style="-sec-ix-hidden: xdx2ixbrl1967">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td id="xdx_989_eus-gaap--ImpairedFinancingReceivableWithRelatedAllowanceAverageRecordedInvestment_c20200101__20201231__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember_pp0p0" style="text-align: right" title="Impaired Financing Receivable, with Related Allowance, Average Recorded Investment"><span style="-sec-ix-hidden: xdx2ixbrl1969">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td id="xdx_988_eus-gaap--ImpairedFinancingReceivableWithRelatedAllowanceInterestIncomeAccrualMethod_c20200101__20201231__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember_pp0p0" style="text-align: right" title="Impaired Financing Receivable, with Interest Income Recognized"><span style="-sec-ix-hidden: xdx2ixbrl1971">-</span></td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 10pt">Residential</td><td> </td> <td style="text-align: left"> </td><td id="xdx_988_eus-gaap--ImpairedFinancingReceivableWithRelatedAllowanceRecordedInvestment_c20201231__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember_pp0p0" style="text-align: right" title="Impaired Financing Receivable, with Related Allowance, Recorded Investment">1,517,261</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98A_eus-gaap--ImpairedFinancingReceivableWithRelatedAllowanceUnpaidPrincipalBalance_c20201231__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember_pp0p0" style="text-align: right" title="Impaired Financing Receivable, with Related Allowance, Unpaid Principal Balance">1,517,261</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_983_eus-gaap--ImpairedFinancingReceivableRelatedAllowance_c20201231__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember_pp0p0" style="text-align: right" title="Impaired Financing Receivable, Related Allowance">219,905</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_985_eus-gaap--ImpairedFinancingReceivableWithRelatedAllowanceAverageRecordedInvestment_c20200101__20201231__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember_pp0p0" style="text-align: right" title="Impaired Financing Receivable, with Related Allowance, Average Recorded Investment">1,182,368</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_985_eus-gaap--ImpairedFinancingReceivableWithRelatedAllowanceInterestIncomeAccrualMethod_c20200101__20201231__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember_pp0p0" style="text-align: right" title="Impaired Financing Receivable, with Interest Income Recognized"><span style="-sec-ix-hidden: xdx2ixbrl1981">-</span></td><td style="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--ImpairedFinancingReceivableWithRelatedAllowanceRecordedInvestment_c20201231__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember_pp0p0" style="text-align: right" title="Impaired Financing Receivable, with Related Allowance, Recorded Investment"><span style="-sec-ix-hidden: xdx2ixbrl1983">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98E_eus-gaap--ImpairedFinancingReceivableWithRelatedAllowanceUnpaidPrincipalBalance_c20201231__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember_pp0p0" style="text-align: right" title="Impaired Financing Receivable, with Related Allowance, Unpaid Principal Balance"><span style="-sec-ix-hidden: xdx2ixbrl1985">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_983_eus-gaap--ImpairedFinancingReceivableRelatedAllowance_c20201231__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember_pp0p0" style="text-align: right" title="Impaired Financing Receivable, Related Allowance"><span style="-sec-ix-hidden: xdx2ixbrl1987">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_989_eus-gaap--ImpairedFinancingReceivableWithRelatedAllowanceAverageRecordedInvestment_c20200101__20201231__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember_pp0p0" style="text-align: right" title="Impaired Financing Receivable, with Related Allowance, Average Recorded Investment"><span style="-sec-ix-hidden: xdx2ixbrl1989">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_981_eus-gaap--ImpairedFinancingReceivableWithRelatedAllowanceInterestIncomeAccrualMethod_c20200101__20201231__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember_pp0p0" style="text-align: right" title="Impaired Financing Receivable, with Interest Income Recognized"><span style="-sec-ix-hidden: xdx2ixbrl1991">-</span></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 style="vertical-align: bottom; background-color: White"> <td>Total:</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="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">Commercial</td><td> </td> <td style="text-align: left">$</td><td id="xdx_983_eus-gaap--ImpairedFinancingReceivableWithRelatedAllowanceRecordedInvestment_c20201231__us-gaap--ContractWithCustomerDurationAxis__custom--TotalMember__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember_pp0p0" style="text-align: right" title="Impaired Financing Receivable, with Related Allowance, Recorded Investment">2,148,827</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td id="xdx_981_eus-gaap--ImpairedFinancingReceivableWithRelatedAllowanceUnpaidPrincipalBalance_c20201231__us-gaap--ContractWithCustomerDurationAxis__custom--TotalMember__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember_pp0p0" style="text-align: right" title="Impaired Financing Receivable, with Related Allowance, Unpaid Principal Balance">2,148,827</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td id="xdx_98B_eus-gaap--ImpairedFinancingReceivableRelatedAllowance_c20201231__us-gaap--ContractWithCustomerDurationAxis__custom--TotalMember__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember_pp0p0" style="text-align: right" title="Impaired Financing Receivable, Related Allowance"><span style="-sec-ix-hidden: xdx2ixbrl1997">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td id="xdx_98F_eus-gaap--ImpairedFinancingReceivableWithRelatedAllowanceAverageRecordedInvestment_c20200101__20201231__us-gaap--ContractWithCustomerDurationAxis__custom--TotalMember__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember_pp0p0" style="text-align: right" title="Impaired Financing Receivable, with Related Allowance, Average Recorded Investment">1,866,819</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td id="xdx_980_eus-gaap--ImpairedFinancingReceivableWithRelatedAllowanceInterestIncomeAccrualMethod_c20200101__20201231__us-gaap--ContractWithCustomerDurationAxis__custom--TotalMember__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember_pp0p0" style="text-align: right" title="Impaired Financing Receivable, with Interest Income Recognized"><span style="-sec-ix-hidden: xdx2ixbrl2001">-</span></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_983_eus-gaap--ImpairedFinancingReceivableWithRelatedAllowanceRecordedInvestment_c20201231__us-gaap--ContractWithCustomerDurationAxis__custom--TotalMember__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember_pp0p0" style="text-align: right" title="Impaired Financing Receivable, with Related Allowance, Recorded Investment">7,932,680</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98D_eus-gaap--ImpairedFinancingReceivableWithRelatedAllowanceUnpaidPrincipalBalance_c20201231__us-gaap--ContractWithCustomerDurationAxis__custom--TotalMember__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember_pp0p0" style="text-align: right" title="Impaired Financing Receivable, with Related Allowance, Unpaid Principal Balance">7,932,680</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98B_eus-gaap--ImpairedFinancingReceivableRelatedAllowance_c20201231__us-gaap--ContractWithCustomerDurationAxis__custom--TotalMember__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember_pp0p0" style="text-align: right" title="Impaired Financing Receivable, Related Allowance">219,905</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_987_eus-gaap--ImpairedFinancingReceivableWithRelatedAllowanceAverageRecordedInvestment_c20200101__20201231__us-gaap--ContractWithCustomerDurationAxis__custom--TotalMember__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember_pp0p0" style="text-align: right" title="Impaired Financing Receivable, with Related Allowance, Average Recorded Investment">6,192,446</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_984_eus-gaap--ImpairedFinancingReceivableWithRelatedAllowanceInterestIncomeAccrualMethod_c20200101__20201231__us-gaap--ContractWithCustomerDurationAxis__custom--TotalMember__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember_pp0p0" style="text-align: right" title="Impaired Financing Receivable, with Interest Income Recognized"><span style="-sec-ix-hidden: xdx2ixbrl2011">-</span></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_987_eus-gaap--ImpairedFinancingReceivableWithRelatedAllowanceRecordedInvestment_c20201231__us-gaap--ContractWithCustomerDurationAxis__custom--TotalMember__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember_pp0p0" style="text-align: right" title="Impaired Financing Receivable, with Related Allowance, Recorded Investment">200,963</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_989_eus-gaap--ImpairedFinancingReceivableWithRelatedAllowanceUnpaidPrincipalBalance_c20201231__us-gaap--ContractWithCustomerDurationAxis__custom--TotalMember__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember_pp0p0" style="text-align: right" title="Impaired Financing Receivable, with Related Allowance, Unpaid Principal Balance">200,963</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98A_eus-gaap--ImpairedFinancingReceivableRelatedAllowance_c20201231__us-gaap--ContractWithCustomerDurationAxis__custom--TotalMember__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember_pp0p0" style="text-align: right" title="Impaired Financing Receivable, Related Allowance"><span style="-sec-ix-hidden: xdx2ixbrl2017">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_983_eus-gaap--ImpairedFinancingReceivableWithRelatedAllowanceAverageRecordedInvestment_c20200101__20201231__us-gaap--ContractWithCustomerDurationAxis__custom--TotalMember__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember_pp0p0" style="text-align: right" title="Impaired Financing Receivable, with Related Allowance, Average Recorded Investment">555,278</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98B_eus-gaap--ImpairedFinancingReceivableWithRelatedAllowanceInterestIncomeAccrualMethod_c20200101__20201231__us-gaap--ContractWithCustomerDurationAxis__custom--TotalMember__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember_pp0p0" style="text-align: right" title="Impaired Financing Receivable, with Interest Income Recognized"><span style="-sec-ix-hidden: xdx2ixbrl2021">-</span></td><td style="text-align: left"> </td></tr> </table> 1723372 1723372 1053865 1591368 1591368 2731421 100481 957288 957288 105384 726449 1723372 1723372 1053865 2548656 2548656 105384 3457870 100481 2148827 2148827 1866819 6415419 6415419 5010078 200963 200963 555278 1517261 1517261 219905 1182368 2148827 2148827 1866819 7932680 7932680 219905 6192446 200963 200963 555278 <p id="xdx_89A_ecustom--ScheduleOfCreditRiskOfMortgageLoansBasedOnPerformanceStatus1TextBlock_zxKiLBQEXtgd" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Company’s performing and non-performing mortgage loans held for investment are summarized as follows:</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span id="xdx_8BB_zOntFygveiIi" style="display: none">Schedule of Credit Risk of Mortgage Loans Based on Performance Status</span><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 95%"> <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">Commercial</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">Residential</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">Residential Construction</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</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">December 31</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</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</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</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">2021</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">2020</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">2021</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">2020</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">2021</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">2020</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">2021</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">2020</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><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: 28%">Performing</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_98C_ecustom--MortgageLoans_iI_pp0p0_c20211231__srt--CreditRatingMoodysAxis__custom--PerformingFinancingReceivable1Member__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember_z7vGY0e0oTgd" style="width: 5%; text-align: right" title="Mortgage loans">49,959,650</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_986_ecustom--MortgageLoans_c20201231__srt--CreditRatingMoodysAxis__custom--PerformingFinancingReceivable1Member__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember_pp0p0" style="width: 5%; text-align: right" title="Mortgage loans">44,688,039</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_980_ecustom--MortgageLoans_iI_pp0p0_c20211231__srt--CreditRatingMoodysAxis__custom--PerformingFinancingReceivable1Member__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember_zMrBx0hpsjF4" style="width: 5%; text-align: right" title="Mortgage loans">50,985,056</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_98D_ecustom--MortgageLoans_c20201231__srt--CreditRatingMoodysAxis__custom--PerformingFinancingReceivable1Member__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember_pp0p0" style="width: 5%; text-align: right" title="Mortgage loans">87,889,768</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_982_ecustom--MortgageLoans_iI_pp0p0_c20211231__srt--CreditRatingMoodysAxis__custom--PerformingFinancingReceivable1Member__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember_zCPnY6yJWW63" style="width: 5%; text-align: right" title="Mortgage loans">175,117,783</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_985_ecustom--MortgageLoans_c20201231__srt--CreditRatingMoodysAxis__custom--PerformingFinancingReceivable1Member__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember_pp0p0" style="width: 5%; text-align: right" title="Mortgage loans">110,910,814</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_98C_ecustom--MortgageLoans_iI_pp0p0_c20211231__srt--CreditRatingMoodysAxis__custom--PerformingFinancingReceivable1Member_zb3X5fTt9VIh" style="width: 5%; text-align: right" title="Mortgage loans">276,062,489</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--MortgageLoans_c20201231__srt--CreditRatingMoodysAxis__custom--PerformingFinancingReceivable1Member_pp0p0" style="width: 5%; text-align: right" title="Mortgage loans">243,488,621</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-bottom: 1pt">Non-performing</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98E_ecustom--MortgageLoans_iI_pp0p0_c20211231__srt--CreditRatingMoodysAxis__custom--NonperformingFinancingReceivable1Member__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember_zx0Qba1x7D6i" style="border-bottom: Black 1pt solid; text-align: right" title="Mortgage loans">1,723,372</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_ecustom--MortgageLoans_c20201231__srt--CreditRatingMoodysAxis__custom--NonperformingFinancingReceivable1Member__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember_pp0p0" style="border-bottom: Black 1pt solid; text-align: right" title="Mortgage loans">2,148,827</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_ecustom--MortgageLoans_iI_pp0p0_c20211231__srt--CreditRatingMoodysAxis__custom--NonperformingFinancingReceivable1Member__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember_zyl2fUPnufe" style="border-bottom: Black 1pt solid; text-align: right" title="Mortgage loans">2,548,656</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_ecustom--MortgageLoans_c20201231__srt--CreditRatingMoodysAxis__custom--NonperformingFinancingReceivable1Member__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember_pp0p0" style="border-bottom: Black 1pt solid; text-align: right" title="Mortgage loans">7,932,680</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_ecustom--MortgageLoans_iI_pp0p0_c20211231__srt--CreditRatingMoodysAxis__custom--NonperformingFinancingReceivable1Member__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember_zPmkc7ks0w2g" style="border-bottom: Black 1pt solid; text-align: right" title="Mortgage loans"><span style="-sec-ix-hidden: xdx2ixbrl2049">-</span></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_ecustom--MortgageLoans_c20201231__srt--CreditRatingMoodysAxis__custom--NonperformingFinancingReceivable1Member__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember_pp0p0" style="border-bottom: Black 1pt solid; text-align: right" title="Mortgage loans">200,963</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_ecustom--MortgageLoans_iI_pp0p0_c20211231__srt--CreditRatingMoodysAxis__custom--NonperformingFinancingReceivable1Member_zGJwD1bxKKr6" style="border-bottom: Black 1pt solid; text-align: right" title="Mortgage loans">4,272,028</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_ecustom--MortgageLoans_c20201231__srt--CreditRatingMoodysAxis__custom--NonperformingFinancingReceivable1Member_pp0p0" style="border-bottom: Black 1pt solid; text-align: right" title="Mortgage loans">10,282,470</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><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="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">Total</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_982_ecustom--MortgageLoans_iI_pp0p0_c20211231__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember__srt--CreditRatingMoodysAxis__custom--PerformingAndNonPerformingMember_zw8FnkfVeLp5" style="border-bottom: Black 2.5pt double; text-align: right" title="Mortgage loans">51,683,022</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_985_ecustom--MortgageLoans_c20201231__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember__srt--CreditRatingMoodysAxis__custom--PerformingAndNonPerformingMember_pp0p0" style="border-bottom: Black 2.5pt double; text-align: right" title="Mortgage loans">46,836,866</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_987_ecustom--MortgageLoans_iI_pp0p0_c20211231__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember__srt--CreditRatingMoodysAxis__custom--PerformingAndNonPerformingMember_z7bDU6sOt2eh" style="border-bottom: Black 2.5pt double; text-align: right" title="Mortgage loans">53,533,712</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98D_ecustom--MortgageLoans_c20201231__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember__srt--CreditRatingMoodysAxis__custom--PerformingAndNonPerformingMember_pp0p0" style="border-bottom: Black 2.5pt double; text-align: right" title="Mortgage loans">95,822,448</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_986_ecustom--MortgageLoans_iI_pp0p0_c20211231__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember__srt--CreditRatingMoodysAxis__custom--PerformingAndNonPerformingMember_zLKE1817Nwi" style="border-bottom: Black 2.5pt double; text-align: right" title="Mortgage loans">175,117,783</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">$</td><td id="xdx_981_ecustom--MortgageLoans_c20201231__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember__srt--CreditRatingMoodysAxis__custom--PerformingAndNonPerformingMember_pp0p0" style="border-bottom: Black 2.5pt double; text-align: right" title="Mortgage loans">111,111,777</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_988_ecustom--MortgageLoans_iI_pp0p0_c20211231__srt--CreditRatingMoodysAxis__custom--PerformingAndNonPerformingMember_zmQ18H37Rxa2" style="border-bottom: Black 2.5pt double; text-align: right" title="Mortgage loans">280,334,517</td><td style="padding-bottom: 2.5pt; 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_ecustom--MortgageLoans_c20201231__srt--CreditRatingMoodysAxis__custom--PerformingAndNonPerformingMember_pp0p0" style="border-bottom: Black 2.5pt double; text-align: right" title="Mortgage loans">253,771,091</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> 49959650 44688039 50985056 87889768 175117783 110910814 276062489 243488621 1723372 2148827 2548656 7932680 200963 4272028 10282470 51683022 46836866 53533712 95822448 175117783 111111777 280334517 253771091 236000 491000 <p id="xdx_89C_ecustom--ScheduleOfMortgageLoansHeldForInvestmentTableTextBlock_z53nwc9cqdt4" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span id="xdx_8B4_zy9VcKjBzwW7" style="display: none">Schedule of Mortgage loans Held for Investment</span><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <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"> </td><td> </td><td> </td> <td colspan="2" style="text-align: center">Principal</td><td> </td><td> </td> <td colspan="2" style="text-align: center">Principal</td><td> </td><td> </td> <td colspan="2" style="text-align: center">Principal</td><td> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td> </td> <td colspan="2"> </td><td> </td><td> </td> <td colspan="2" style="text-align: center">Amounts</td><td> </td><td> </td> <td colspan="2" style="text-align: center">Amounts</td><td> </td><td> </td> <td colspan="2" style="text-align: center">Amounts</td><td> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td> </td> <td colspan="2"> </td><td> </td><td> </td> <td colspan="2" style="text-align: center">Due in</td><td> </td><td> </td> <td colspan="2" style="text-align: center">Due in</td><td> </td><td> </td> <td colspan="2" style="text-align: center">Due</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">Total</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">1 Year</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">2-5 Years</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">Thereafter</td><td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 44%">Residential</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_980_eus-gaap--LongTermDebt_iI_pp0p0_c20211231__us-gaap--InvestmentTypeAxis__us-gaap--ResidentialMortgageMember_zbEDMjE1aUsa" style="width: 10%; text-align: right" title="Total">53,533,712</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_980_eus-gaap--LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths_iI_pp0p0_c20211231__us-gaap--InvestmentTypeAxis__us-gaap--ResidentialMortgageMember_zZVTeALtNSlf" style="width: 10%; text-align: right" title="Principal Amounts Due in 1 Year">7,451,252</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_987_eus-gaap--LongTermDebtMaturingInYearsTwoAndThree_iI_pp0p0_c20211231__us-gaap--InvestmentTypeAxis__us-gaap--ResidentialMortgageMember_zsVyoGbJNSI6" style="width: 10%; text-align: right" title="Principal Amounts Due in 2-5 Year">6,031,628</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--LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive_iI_pp0p0_c20211231__us-gaap--InvestmentTypeAxis__us-gaap--ResidentialMortgageMember_zXFs3aFVj9Oh" style="width: 10%; text-align: right" title="Principal Amounts Due Thereafter">40,050,832</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Residential Construction</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98F_eus-gaap--LongTermDebt_iI_pp0p0_c20211231__us-gaap--InvestmentTypeAxis__custom--ResidentialConstructionMember_zKnTen5TwtCe" style="text-align: right" title="Total">175,117,783</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_981_eus-gaap--LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths_iI_pp0p0_c20211231__us-gaap--InvestmentTypeAxis__custom--ResidentialConstructionMember_zRFwScER0QI1" style="text-align: right" title="Principal Amounts Due in 1 Year">145,711,262</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_986_eus-gaap--LongTermDebtMaturingInYearsTwoAndThree_iI_pp0p0_c20211231__us-gaap--InvestmentTypeAxis__custom--ResidentialConstructionMember_zgsOSdCEq6J2" style="text-align: right" title="Principal Amounts Due in 2-5 Year">29,406,521</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_985_eus-gaap--LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive_iI_pp0p0_c20211231__us-gaap--InvestmentTypeAxis__custom--ResidentialConstructionMember_zItyEZVsgtG8" style="text-align: right" title="Principal Amounts Due Thereafter"><span style="-sec-ix-hidden: xdx2ixbrl2093">-</span></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_98A_eus-gaap--LongTermDebt_iI_pp0p0_c20211231__us-gaap--InvestmentTypeAxis__custom--CommercialMember_zSNtqNky2u2l" style="border-bottom: Black 1pt solid; text-align: right" title="Total">51,683,022</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--LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths_iI_pp0p0_c20211231__us-gaap--InvestmentTypeAxis__custom--CommercialMember_ztY0oUptHR17" style="border-bottom: Black 1pt solid; text-align: right" title="Principal Amounts Due in 1 Year">17,007,282</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--LongTermDebtMaturingInYearsTwoAndThree_iI_pp0p0_c20211231__us-gaap--InvestmentTypeAxis__custom--CommercialMember_zQfjJKL7KWVj" style="border-bottom: Black 1pt solid; text-align: right" title="Principal Amounts Due in 2-5 Year">25,761,914</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--LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive_iI_pp0p0_c20211231__us-gaap--InvestmentTypeAxis__custom--CommercialMember_zhLCA6YFC5Lf" style="border-bottom: Black 1pt solid; text-align: right" title="Principal Amounts Due Thereafter">8,913,826</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">Total</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--LongTermDebt_iI_pp0p0_c20211231_zElQGjDsta56" style="border-bottom: Black 2.5pt double; text-align: right" title="Total">280,334,517</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_989_eus-gaap--LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths_iI_pp0p0_c20211231_z4IUmd4t4y09" style="border-bottom: Black 2.5pt double; text-align: right" title="Principal Amounts Due in 1 Year">170,169,796</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_980_eus-gaap--LongTermDebtMaturingInYearsTwoAndThree_iI_pp0p0_c20211231_zvTWwZL1DjU5" style="border-bottom: Black 2.5pt double; text-align: right" title="Principal Amounts Due in 2-5 Year">61,200,063</td><td style="padding-bottom: 2.5pt; 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--LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive_iI_pp0p0_c20211231_zuRHojKR6cri" style="border-bottom: Black 2.5pt double; text-align: right" title="Principal Amounts Due Thereafter">48,964,658</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> 53533712 7451252 6031628 40050832 175117783 145711262 29406521 51683022 17007282 25761914 8913826 280334517 170169796 61200063 48964658 <p id="xdx_809_ecustom--LoansHeldForSaleDisclosureTextBlock_zir0NFmzqmx6" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">3) <span style="text-decoration: underline"><span id="xdx_827_znHb7bsU7xCe">Loans Held for Sale</span></span></span></p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0pt; margin-bottom: 0pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b> </b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Company 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 consolidated statement of earnings. See Note 17 of the Notes to Consolidated Financial Statements for additional disclosures regarding loans held for sale.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p id="xdx_89D_ecustom--AggregateFairValueLoansHeldForSaleScheduleTableTextBlock_zMyA67LO4dw7" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The following table presents the aggregate fair value and the aggregate unpaid principal balance of loans held for sale.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> <span id="xdx_8B4_zikXz551itn7" style="display: none">Schedule of Aggregate Fair Value - Loans Held for Sale</span></span></p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 60%"> <tr style="display: none; vertical-align: bottom"> <td> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_492_20211231_zt4ugZA1PVIj" style="border-bottom: Black 1pt solid; text-align: center">2021</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_497_20201231_z2oSB79ZCkt1" style="border-bottom: Black 1pt solid; text-align: center">2020</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">December 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">2021</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">2020</td><td style="padding-bottom: 1pt"> </td></tr> <tr id="xdx_404_ecustom--AggregateFairValueLoansHeldForSale_iI_pp0p0" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 64%">Aggregate fair value</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 14%; text-align: right">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 style="width: 14%; text-align: right">422,772,418</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">294,481,503</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">406,407,323</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</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">8,295,324</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">16,365,095</td><td style="text-align: left"> </td></tr> </table> <p id="xdx_8A6_zKl4gxKt49T2" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="text-decoration: underline">Mortgage Fee Income</span></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">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.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p id="xdx_897_ecustom--ScheduleOfMortgageFeeIncomeForLoansHeldForSaleTextBlock_zYcJH3R7SPq5" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Major categories of mortgage fee income for loans held for sale are summarized as follows:</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> <span id="xdx_8B6_z9E24U8Ybwp5" style="display: none">Schedule of Mortgage Fee Income for Loans Held for Sale</span></span></p> <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: 1pt"> </td> <td colspan="2" id="xdx_497_20210101__20211231_zow13wV1q2V5" style="border-bottom: Black 1pt solid; text-align: center">2021</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_49A_20200101__20201231_z6zsGS6y1Wu7" style="border-bottom: Black 1pt solid; text-align: center">2020</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">Years Ended December 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">2021</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">2020</td><td style="padding-bottom: 1pt"> </td></tr> <tr id="xdx_40D_ecustom--LoanFees_i_pp0p0" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 64%; text-align: justify">Loan fees</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 14%; text-align: right">37,723,433</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">43,432,532</td><td style="width: 1%; text-align: left"> </td></tr> <tr id="xdx_409_eus-gaap--InterestAndOtherIncome_i_pp0p0" 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">9,385,469</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">10,628,581</td><td style="text-align: left"> </td></tr> <tr id="xdx_40A_ecustom--SecondaryGains_i_pp0p0" 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">230,417,029</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">231,759,342</td><td style="text-align: left"> </td></tr> <tr id="xdx_400_ecustom--ChangeInFairValueOfLoanCommitments_i_pp0p0" 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">(3,113,095</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">7,637,377</td><td style="text-align: left"> </td></tr> <tr id="xdx_40E_ecustom--ChangeInFairValueOfLoanHeldForSale_i_pp0p0" 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">(8,783,376</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">10,413,492</td><td style="text-align: left"> </td></tr> <tr id="xdx_400_eus-gaap--ProvisionForLeaseLosses_iN_di_zLkvFTa4tKXk" style="vertical-align: bottom; background-color: White"> <td style="text-align: justify; padding-bottom: 1pt">Provision for loan loss reserve</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">(2,211,230</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">(4,938,214</td><td style="padding-bottom: 1pt; text-align: left">)</td></tr> <tr id="xdx_405_ecustom--MortgageFeeIncome_i_pp0p0" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: justify; padding-bottom: 2.5pt">Mortgage fee income</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">263,418,230</td><td style="padding-bottom: 2.5pt; 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">298,933,110</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> <p id="xdx_8A0_zgUlwpJAHrmi" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b> </b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Loan Loss Reserve</b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">When a repurchase demand corresponding to a mortgage loan previously held for sale and sold to a third-party investor is received from a third-party investor, the relevant data is reviewed and captured so that an estimated future loss can be calculated. The key factors that are used in the estimated 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.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">SECURITY NATIONAL FINANCIAL CORPORATION</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">AND SUBSIDIARIES</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Notes to Consolidated Financial Statements</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Years Ended December 31, 2021 and 2020</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">3) <span style="text-decoration: underline">Loans Held for Sale</span> (Continued)</span></p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0pt; margin-bottom: 0pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b> </b></span></p> <p id="xdx_898_ecustom--ScheduleOfLoanLossReserveWhichIsIncludedInOtherLiabilitiesAndAccruedExpensesTextBlock_zVcUV8cZCrR6" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The loan loss reserve, which is included in other liabilities and accrued expenses, is summarized as follows:</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> <span id="xdx_8B6_zqjv5cr5i4q2" style="display: none">Schedule of Loan Loss Reserve Included in Other Liabilities and Accrued Expenses</span></span></p> <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: 1pt"> </td> <td colspan="2" id="xdx_492_20210101__20211231_zU9RkufnQPHl" style="border-bottom: Black 1pt solid; text-align: center">2021</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_49B_20200101__20201231_z6N1lQ5F6ex7" style="border-bottom: Black 1pt solid; text-align: center">2020</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">December 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">2021</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">2020</td><td style="padding-bottom: 1pt"> </td></tr> <tr id="xdx_40F_ecustom--BeginningLoanLossReserve_iS_pp0p0_zh8TcSKJPhjh" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 64%">Balance, beginning of period</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 14%; text-align: right">20,583,618</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">4,046,288</td><td style="width: 1%; text-align: left"> </td></tr> <tr id="xdx_40D_eus-gaap--ProvisionForLeaseLosses_pp0p0_zVq20V0TwIS5" style="vertical-align: bottom; background-color: White"> <td id="xdx_F4E_zLcI7skjMX09" style="text-align: left">Provision for current loan originations (1)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">2,211,230</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">4,938,214</td><td style="text-align: left"> </td></tr> <tr id="xdx_40D_ecustom--LoanLossReserveAddition_iI_pp0p0_zIigfNyaI4D8" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Additional provision for loan loss reserve</td><td> </td> <td style="text-align: left"><span style="-sec-ix-hidden: xdx2ixbrl2155"> </span></td><td style="text-align: right">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">16,506,030</td><td style="text-align: left"> </td></tr> <tr id="xdx_402_ecustom--LoanLossReserveChargeOffs_iNI_pp0p0_di_zSkj9AnJRl2d" style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 1pt">Charge-offs, net of recaptured amounts</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">(20,347,709</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">(4,906,914</td><td style="padding-bottom: 1pt; text-align: left">)</td></tr> <tr id="xdx_40F_ecustom--EndingLoanLossReserve_iE_zkfP099vNAi1" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-bottom: 2.5pt">Balance, at December 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">2,447,139</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 style="border-bottom: Black 2.5pt double; text-align: right">20,583,618</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0pt; margin-bottom: 0pt"/> <div style="width: 15%"><div style="border-top: Black 1pt solid; font-size: 1pt"> </div></div> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0pt; margin-bottom: 0pt"/> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"/></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"/> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: top; text-align: left"> <td style="width: 0.25in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"/><span id="xdx_F0B_zPs6tWTwp8Ra" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(1)</span></td> <td id="xdx_F1B_ziitKG9JlEZa">Included in Mortgage fee income</td></tr> </table> <p id="xdx_8A5_zYJy0ZdCATH1" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"/></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Company maintains reserves for estimated losses on current production volumes. For the year ended December 31, 2021, $<span id="xdx_909_ecustom--LoanLossReserveProvisionsForLoss_pp0p0_c20210101__20211231_z8GuEJ1MB5Q6" title="Provision on current loan originations">2,211,230</span> in reserves were added at a rate of 3.9 basis points per loan, the equivalent of $<span id="xdx_904_ecustom--LoanIncreasePerPoint_iI_pid_c20211231_zWdIHtIWKj0h" title="Loan increase per point">390</span> per $<span id="xdx_907_ecustom--AmountOfLoanIncreasedPerPoint_pp0p0_c20210101__20211231_zpprZXPsMfb3" title="Amount of loan increased, per point">1,000,000</span> in loans originated. This is a decrease over the year ended December 31, 2020, when $<span id="xdx_903_ecustom--LoanLossReserveProvisionsForLoss_pp0p0_c20200101__20201231_zeqbeqdU1Hpl" title="Provision on current loan originations">4,938,214</span> in reserves were added at a rate of 8.9 basis points per loan originated, the equivalent of $<span id="xdx_904_ecustom--LoanIncreasePerPoint_iI_pid_c20201231_zjYtnBzJ51ke" title="Loan increase per point">890</span> per $<span id="xdx_908_ecustom--AmountOfLoanIncreasedPerPoint_pp0p0_c20200101__20201231_zGmIuSpInwc" title="Amount of loan increased, per point">1,000,000</span> in loans originated. The Company also increased its loan loss reserve for the year ended December 31, 2020 by an additional $<span id="xdx_90D_ecustom--LoanLossReserveAdditions_pp0p0_c20200101__20201231_zRFBwnwjWZy4" title="Additional provision for loan loss reserve">16,506,030</span> to account for changes in estimates specific to settlements of loan losses. See Note 10 for additional information regarding mortgage loan loss settlements. The unique nature of COVID-19 creates significant difficulty for forecasting potential future losses. 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 December 31, 2021, represents its best estimate for adequate loss reserves on loans sold.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">SECURITY NATIONAL FINANCIAL CORPORATION</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">AND SUBSIDIARIES</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Notes to Consolidated Financial Statements</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Years Ended December 31, 2021 and 2020</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p id="xdx_89D_ecustom--AggregateFairValueLoansHeldForSaleScheduleTableTextBlock_zMyA67LO4dw7" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The following table presents the aggregate fair value and the aggregate unpaid principal balance of loans held for sale.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> <span id="xdx_8B4_zikXz551itn7" style="display: none">Schedule of Aggregate Fair Value - Loans Held for Sale</span></span></p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 60%"> <tr style="display: none; vertical-align: bottom"> <td> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_492_20211231_zt4ugZA1PVIj" style="border-bottom: Black 1pt solid; text-align: center">2021</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_497_20201231_z2oSB79ZCkt1" style="border-bottom: Black 1pt solid; text-align: center">2020</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">December 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">2021</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">2020</td><td style="padding-bottom: 1pt"> </td></tr> <tr id="xdx_404_ecustom--AggregateFairValueLoansHeldForSale_iI_pp0p0" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 64%">Aggregate fair value</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 14%; text-align: right">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 style="width: 14%; text-align: right">422,772,418</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">294,481,503</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">406,407,323</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</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">8,295,324</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">16,365,095</td><td style="text-align: left"> </td></tr> </table> 302776827 422772418 294481503 406407323 8295324 16365095 <p id="xdx_897_ecustom--ScheduleOfMortgageFeeIncomeForLoansHeldForSaleTextBlock_zYcJH3R7SPq5" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Major categories of mortgage fee income for loans held for sale are summarized as follows:</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> <span id="xdx_8B6_z9E24U8Ybwp5" style="display: none">Schedule of Mortgage Fee Income for Loans Held for Sale</span></span></p> <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: 1pt"> </td> <td colspan="2" id="xdx_497_20210101__20211231_zow13wV1q2V5" style="border-bottom: Black 1pt solid; text-align: center">2021</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_49A_20200101__20201231_z6zsGS6y1Wu7" style="border-bottom: Black 1pt solid; text-align: center">2020</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">Years Ended December 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">2021</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">2020</td><td style="padding-bottom: 1pt"> </td></tr> <tr id="xdx_40D_ecustom--LoanFees_i_pp0p0" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 64%; text-align: justify">Loan fees</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 14%; text-align: right">37,723,433</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">43,432,532</td><td style="width: 1%; text-align: left"> </td></tr> <tr id="xdx_409_eus-gaap--InterestAndOtherIncome_i_pp0p0" 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">9,385,469</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">10,628,581</td><td style="text-align: left"> </td></tr> <tr id="xdx_40A_ecustom--SecondaryGains_i_pp0p0" 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">230,417,029</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">231,759,342</td><td style="text-align: left"> </td></tr> <tr id="xdx_400_ecustom--ChangeInFairValueOfLoanCommitments_i_pp0p0" 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">(3,113,095</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">7,637,377</td><td style="text-align: left"> </td></tr> <tr id="xdx_40E_ecustom--ChangeInFairValueOfLoanHeldForSale_i_pp0p0" 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">(8,783,376</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">10,413,492</td><td style="text-align: left"> </td></tr> <tr id="xdx_400_eus-gaap--ProvisionForLeaseLosses_iN_di_zLkvFTa4tKXk" style="vertical-align: bottom; background-color: White"> <td style="text-align: justify; padding-bottom: 1pt">Provision for loan loss reserve</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">(2,211,230</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">(4,938,214</td><td style="padding-bottom: 1pt; text-align: left">)</td></tr> <tr id="xdx_405_ecustom--MortgageFeeIncome_i_pp0p0" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: justify; padding-bottom: 2.5pt">Mortgage fee income</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">263,418,230</td><td style="padding-bottom: 2.5pt; 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">298,933,110</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> 37723433 43432532 9385469 10628581 230417029 231759342 -3113095 7637377 -8783376 10413492 2211230 4938214 263418230 298933110 <p id="xdx_898_ecustom--ScheduleOfLoanLossReserveWhichIsIncludedInOtherLiabilitiesAndAccruedExpensesTextBlock_zVcUV8cZCrR6" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The loan loss reserve, which is included in other liabilities and accrued expenses, is summarized as follows:</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> <span id="xdx_8B6_zqjv5cr5i4q2" style="display: none">Schedule of Loan Loss Reserve Included in Other Liabilities and Accrued Expenses</span></span></p> <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: 1pt"> </td> <td colspan="2" id="xdx_492_20210101__20211231_zU9RkufnQPHl" style="border-bottom: Black 1pt solid; text-align: center">2021</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_49B_20200101__20201231_z6N1lQ5F6ex7" style="border-bottom: Black 1pt solid; text-align: center">2020</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">December 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">2021</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">2020</td><td style="padding-bottom: 1pt"> </td></tr> <tr id="xdx_40F_ecustom--BeginningLoanLossReserve_iS_pp0p0_zh8TcSKJPhjh" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 64%">Balance, beginning of period</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 14%; text-align: right">20,583,618</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">4,046,288</td><td style="width: 1%; text-align: left"> </td></tr> <tr id="xdx_40D_eus-gaap--ProvisionForLeaseLosses_pp0p0_zVq20V0TwIS5" style="vertical-align: bottom; background-color: White"> <td id="xdx_F4E_zLcI7skjMX09" style="text-align: left">Provision for current loan originations (1)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">2,211,230</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">4,938,214</td><td style="text-align: left"> </td></tr> <tr id="xdx_40D_ecustom--LoanLossReserveAddition_iI_pp0p0_zIigfNyaI4D8" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Additional provision for loan loss reserve</td><td> </td> <td style="text-align: left"><span style="-sec-ix-hidden: xdx2ixbrl2155"> </span></td><td style="text-align: right">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">16,506,030</td><td style="text-align: left"> </td></tr> <tr id="xdx_402_ecustom--LoanLossReserveChargeOffs_iNI_pp0p0_di_zSkj9AnJRl2d" style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 1pt">Charge-offs, net of recaptured amounts</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">(20,347,709</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">(4,906,914</td><td style="padding-bottom: 1pt; text-align: left">)</td></tr> <tr id="xdx_40F_ecustom--EndingLoanLossReserve_iE_zkfP099vNAi1" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-bottom: 2.5pt">Balance, at December 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">2,447,139</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 style="border-bottom: Black 2.5pt double; text-align: right">20,583,618</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0pt; margin-bottom: 0pt"/> <div style="width: 15%"><div style="border-top: Black 1pt solid; font-size: 1pt"> </div></div> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0pt; margin-bottom: 0pt"/> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"/></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"/> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: top; text-align: left"> <td style="width: 0.25in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"/><span id="xdx_F0B_zPs6tWTwp8Ra" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(1)</span></td> <td id="xdx_F1B_ziitKG9JlEZa">Included in Mortgage fee income</td></tr> </table> 20583618 4046288 2211230 4938214 16506030 20347709 4906914 2447139 20583618 2211230 390 1000000 4938214 890 1000000 16506030 <p id="xdx_801_eus-gaap--LoansNotesTradeAndOtherReceivablesDisclosureTextBlock_zQZtFPaSZwS9" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">4) <span style="text-decoration: underline"><span id="xdx_822_z7y1knTc4Ij9">Receivables</span></span></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p id="xdx_89A_ecustom--ScheduleOfReceivablesTextBlock_zUdVk1EcBUP5" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Receivables consist of the following:</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> <span id="xdx_8BA_zaQaAsuOeVVe" style="display: none">Schedule of Receivables</span></span></p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 65%"> <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 id="xdx_491_20211231_zh8ixDEFNsn8" style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_499_20201231_zc7EuTvrnSq2" 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">December 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">2021</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">2020</td><td style="padding-bottom: 1pt"> </td></tr> <tr id="xdx_40F_ecustom--TradeContractReceivables_iI_maARGz5e0_zxlpWClHYUi8" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 64%; text-align: left">Trade contracts</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 14%; text-align: right">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: 14%; text-align: right">4,119,988</td><td style="width: 1%; text-align: left"> </td></tr> <tr id="xdx_40D_ecustom--ReceivablesFromSalesAgents_iI_maARGz5e0_zpIpKhXc3fV1" 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">2,360,807</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">2,677,774</td><td style="text-align: left"> </td></tr> <tr id="xdx_403_eus-gaap--OtherReceivables_iI_maARGz5e0_zwlAYHNPZ3zd" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-bottom: 1pt">Other</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">12,457,398</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">5,786,827</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_405_eus-gaap--AccountsReceivableGross_iTI_mtARGz5e0_maARNzImk_zXamvnqvjUdb" 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">20,116,841</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">12,584,589</td><td style="text-align: left"> </td></tr> <tr id="xdx_404_eus-gaap--AllowanceForDoubtfulAccountsReceivable_iNI_di_msARNzImk_zFm00WZaMLNd" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 1pt">Allowance for doubtful accounts</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">(1,800,725</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">(1,685,382</td><td style="padding-bottom: 1pt; text-align: left">)</td></tr> <tr id="xdx_402_eus-gaap--AccountsReceivableNet_iTI_mtARNzImk_zl7oGPPcjExj" 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">18,316,116</td><td style="padding-bottom: 2.5pt; 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">10,899,207</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> <p id="xdx_8AA_zHtpvw40vHId" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p id="xdx_89A_ecustom--ScheduleOfReceivablesTextBlock_zUdVk1EcBUP5" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Receivables consist of the following:</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> <span id="xdx_8BA_zaQaAsuOeVVe" style="display: none">Schedule of Receivables</span></span></p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 65%"> <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 id="xdx_491_20211231_zh8ixDEFNsn8" style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_499_20201231_zc7EuTvrnSq2" 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">December 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">2021</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">2020</td><td style="padding-bottom: 1pt"> </td></tr> <tr id="xdx_40F_ecustom--TradeContractReceivables_iI_maARGz5e0_zxlpWClHYUi8" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 64%; text-align: left">Trade contracts</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 14%; text-align: right">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: 14%; text-align: right">4,119,988</td><td style="width: 1%; text-align: left"> </td></tr> <tr id="xdx_40D_ecustom--ReceivablesFromSalesAgents_iI_maARGz5e0_zpIpKhXc3fV1" 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">2,360,807</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">2,677,774</td><td style="text-align: left"> </td></tr> <tr id="xdx_403_eus-gaap--OtherReceivables_iI_maARGz5e0_zwlAYHNPZ3zd" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-bottom: 1pt">Other</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">12,457,398</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">5,786,827</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_405_eus-gaap--AccountsReceivableGross_iTI_mtARGz5e0_maARNzImk_zXamvnqvjUdb" 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">20,116,841</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">12,584,589</td><td style="text-align: left"> </td></tr> <tr id="xdx_404_eus-gaap--AllowanceForDoubtfulAccountsReceivable_iNI_di_msARNzImk_zFm00WZaMLNd" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 1pt">Allowance for doubtful accounts</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">(1,800,725</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">(1,685,382</td><td style="padding-bottom: 1pt; text-align: left">)</td></tr> <tr id="xdx_402_eus-gaap--AccountsReceivableNet_iTI_mtARNzImk_zl7oGPPcjExj" 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">18,316,116</td><td style="padding-bottom: 2.5pt; 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">10,899,207</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> 5298636 4119988 2360807 2677774 12457398 5786827 20116841 12584589 1800725 1685382 18316116 10899207 <p id="xdx_80E_eus-gaap--GoodwillAndIntangibleAssetsDisclosureTextBlock_zU7KV43dk8Uc" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">5) <span style="text-decoration: underline"><span id="xdx_829_zIMvWUU6xttb">Value of Business Acquired, Intangible Assets and Goodwill</span></span></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p id="xdx_892_ecustom--ScheduleOfValueOfBusinessAcquiredTextBlock_zGN38G5UpuKh" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Information with regard to value of business acquired was as follows:</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> <span id="xdx_8B2_z3YFeoAcH6Ud" style="display: none">Schedule of Value of Business Acquired</span></span></p> <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: 1pt"> </td> <td colspan="2" id="xdx_49F_20210101__20211231_zzUU7SRxdr0g" style="border-bottom: Black 1pt solid; text-align: center">2021</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_491_20200101__20201231_z3Q8E2vMcuO2" style="border-bottom: Black 1pt solid; text-align: center">2020</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">December 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">2021</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">2020</td><td style="padding-bottom: 1pt"> </td></tr> <tr id="xdx_403_ecustom--ValueOfBusinessAcquiredOnIntangibleAssetsAndGoodwill_iS_pp0p0_z2GiFyiSqgkd" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 64%; text-align: justify; padding-bottom: 1pt">Balance at beginning of year</td><td style="width: 2%; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; width: 1%; text-align: left">$</td><td style="border-bottom: Black 1pt solid; width: 14%; text-align: right">8,955,249</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 style="border-bottom: Black 1pt solid; width: 14%; text-align: right">9,876,647</td><td style="width: 1%; padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_406_ecustom--ValueOfBusinessAcquired_z5H8MFQUhUS" style="vertical-align: bottom; background-color: White"> <td style="text-align: justify; padding-bottom: 1pt">Value of business acquired</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">586,840</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"><span style="-sec-ix-hidden: xdx2ixbrl2209"> </span></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_40F_ecustom--ImputedInterestOnValueOfBusinessAcquired_i_pp0p0" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: justify">Imputed interest at <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNjaGVkdWxlIG9mIFZhbHVlIG9mIEJ1c2luZXNzIEFjcXVpcmVkIChEZXRhaWxzKSAoUGFyZW50aGV0aGljYWwpAA__" id="xdx_90B_eus-gaap--DebtInstrumentInterestRateStatedPercentage_iI_pid_dp_uPure_c20211231_zMIYKqa1NUfb" title="Debt instrument, interest rate, stated percentage">7</span>% included in earnings</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">613,028</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">670,565</td><td style="text-align: left"> </td></tr> <tr id="xdx_401_ecustom--ValueOfBusinessAcquiredAmortization_i_pp0p0" style="vertical-align: bottom; background-color: White"> <td style="text-align: justify">Amortization included in earnings</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(1,728,157</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(1,457,390</td><td style="text-align: left">)</td></tr> <tr id="xdx_40D_ecustom--ShadowAmortizationIncludedInOtherComprehensiveIncome_i_pp0p0" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: justify; padding-bottom: 1pt">Shadow amortization included in other comprehensive income</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">(5,528</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">(134,573</td><td style="padding-bottom: 1pt; text-align: left">)</td></tr> <tr id="xdx_40E_ecustom--ValueOfBusinessAcquiredNetAmortizationChargedToIncome_i_pp0p0" style="vertical-align: bottom; background-color: White"> <td style="text-align: justify; padding-bottom: 1pt">Net amortization</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">(1,120,657</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">(921,398</td><td style="padding-bottom: 1pt; text-align: left">)</td></tr> <tr id="xdx_407_ecustom--ValueOfBusinessAcquiredOnIntangibleAssetsAndGoodwill_iE_pp0p0_znDCkZcLlPda" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: justify; padding-bottom: 2.5pt">Balance at end of year</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">8,421,432</td><td style="padding-bottom: 2.5pt; 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">8,955,249</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> <p id="xdx_8A9_z68gAPGLp4B4" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Presuming no additional acquisitions, net amortization charged to income is expected to approximate $<span id="xdx_900_ecustom--ValueOfBusinessAcquiredNetAmortizationChargedToIncome_pp0p0_c20210101__20211231__us-gaap--AwardTypeAxis__custom--YearTwoThousandAndTwentyTwoMember_zKCMLyvb4ymh" title="Value of business acquired - net amortization charged to income">1,059,000</span>, $<span id="xdx_901_ecustom--ValueOfBusinessAcquiredNetAmortizationChargedToIncome_pp0p0_c20210101__20211231__us-gaap--AwardTypeAxis__custom--YearTwoThousandAndTwentyThreeMember_zPDDbQ70jOdi">972,000</span>, $<span id="xdx_901_ecustom--ValueOfBusinessAcquiredNetAmortizationChargedToIncome_pp0p0_c20210101__20211231__us-gaap--AwardTypeAxis__custom--YearTwoThousandAndTwentyFourMember_z2GzGOPJXAYj">893,000</span>, $<span id="xdx_90E_ecustom--ValueOfBusinessAcquiredNetAmortizationChargedToIncome_pp0p0_c20210101__20211231__us-gaap--AwardTypeAxis__custom--YearTwoThousandAndTwentyFiveMember_zNJZwngYXaFf">810,000</span>, and $<span id="xdx_90F_ecustom--ValueOfBusinessAcquiredNetAmortizationChargedToIncome_pp0p0_c20210101__20211231__us-gaap--AwardTypeAxis__custom--YearTwoThousandAndTwentySixAndTwentySevenMember_z9toabESm8g2">753,000</span> for the years 2022 through 2027 . Actual amortization may vary based on changes in assumptions or experience. As of December 31, 2021, value of business acquired is being amortized over a weighted average life of <span id="xdx_903_eus-gaap--FiniteLivedIntangibleAssetsRemainingAmortizationPeriod1_dtY_c20210101__20211231_zmoP96WkL74c" title="Weighted average amortization period">5.9</span> years.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">SECURITY NATIONAL FINANCIAL CORPORATION</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">AND SUBSIDIARIES</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Notes to Consolidated Financial Statements</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Years Ended December 31, 2021 and 2020</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">5) <span style="text-decoration: underline">Value of Business Acquired, Intangible Assets and Goodwill</span> (Continued)</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p id="xdx_890_eus-gaap--ScheduleOfFiniteLivedIntangibleAssetsTableTextBlock_zYG9VfBajfQb" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The carrying value of the Company’s intangible assets were as follows which is included in other assets:</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> <span id="xdx_8BE_zBZVnCecK3id" style="display: none">Schedule of Carrying Value of Intangible Asset</span></span></p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 85%"> <tr style="vertical-align: bottom"> <td> </td><td style="padding-bottom: 1pt"> </td> <td> </td><td style="padding-bottom: 1pt"> </td> <td colspan="6" style="border-bottom: Black 1pt solid; text-align: center">December 31</td><td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: center">Useful Life</td><td style="padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">2021</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">2020</td><td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 48%; text-align: justify">Intangible asset - trade name <span id="xdx_F48_zpBKA3ROXY5d">(1)</span></td><td style="width: 2%"> </td> <td style="width: 14%; text-align: center"><span id="xdx_907_eus-gaap--FiniteLivedIntangibleAssetUsefulLife_c20210101__20211231__us-gaap--FiniteLivedIntangibleAssetsByMajorClassAxis__us-gaap--TradeNamesMember_zXhy0bwgSJpa" title="Finite-Lived Intangible Asset, Useful Life">15 years</span></td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_98E_eus-gaap--FiniteLivedIntangibleAssetsGross_iI_pp0p0_c20211231__us-gaap--FiniteLivedIntangibleAssetsByMajorClassAxis__us-gaap--TradeNamesMember_fKDEp_z1bb1WehcUb1" style="width: 14%; text-align: right" title="Finite-lived intangible assets, gross">2,100,000</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--FiniteLivedIntangibleAssetsGross_iI_pp0p0_c20201231__us-gaap--FiniteLivedIntangibleAssetsByMajorClassAxis__us-gaap--TradeNamesMember_fKDEp_zdHVGUWn9Uqb" style="width: 14%; text-align: right" title="Finite-lived intangible assets, gross"><span style="-sec-ix-hidden: xdx2ixbrl2242">-</span></td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: justify">Intangible asset - customer lists</td><td> </td> <td style="text-align: center"><span id="xdx_90A_eus-gaap--FiniteLivedIntangibleAssetUsefulLife_c20210101__20211231__us-gaap--FiniteLivedIntangibleAssetsByMajorClassAxis__us-gaap--CustomerListsMember_zZ1aHetNIzy1" title="Finite-Lived Intangible Asset, Useful Life">15 years</span></td><td> </td> <td style="text-align: left"> </td><td id="xdx_98A_eus-gaap--FiniteLivedIntangibleAssetsGross_iI_pp0p0_c20211231__us-gaap--FiniteLivedIntangibleAssetsByMajorClassAxis__us-gaap--CustomerListsMember_zF7QqgkE8RA8" style="text-align: right" title="Finite-lived intangible assets, gross">890,000</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_982_eus-gaap--FiniteLivedIntangibleAssetsGross_iI_pp0p0_c20201231__us-gaap--FiniteLivedIntangibleAssetsByMajorClassAxis__us-gaap--CustomerListsMember_zlQt2jsDGUH6" style="text-align: right" title="Finite-lived intangible assets, gross">890,000</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: justify">Intangible asset - trade name <span id="xdx_F4E_zDfZE5S0Jgi6">(2)</span></td><td> </td> <td style="text-align: center"><span id="xdx_901_eus-gaap--FiniteLivedIntangibleAssetUsefulLife_c20210101__20211231__us-gaap--FiniteLivedIntangibleAssetsByMajorClassAxis__custom--TradeNamesTwoMember_fKDIp_z0kehVAqUJk3" title="Finite-Lived Intangible Asset, Useful Life">15 years</span></td><td> </td> <td style="text-align: left"> </td><td id="xdx_983_eus-gaap--FiniteLivedIntangibleAssetsGross_iI_pp0p0_c20211231__us-gaap--FiniteLivedIntangibleAssetsByMajorClassAxis__custom--TradeNamesTwoMember_fKDIp_zrPeHN8KGM8a" style="text-align: right" title="Finite-lived intangible assets, gross">610,000</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98F_eus-gaap--FiniteLivedIntangibleAssetsGross_iI_pp0p0_c20201231__us-gaap--FiniteLivedIntangibleAssetsByMajorClassAxis__custom--TradeNamesTwoMember_fKDIp_zPuaPJ1cKWT6" style="text-align: right" title="Finite-lived intangible assets, gross">610,000</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: justify">Intangible assets - other <span id="xdx_F42_zQtxhCnHGWK6">(1)</span></td><td> </td> <td style="text-align: center"><span id="xdx_90A_eus-gaap--FiniteLivedIntangibleAssetUsefulLife_c20210101__20211231__us-gaap--FiniteLivedIntangibleAssetsByMajorClassAxis__custom--OtherMember_fKDEp_zEeob7plFrW8" title="Finite-Lived Intangible Asset, Useful Life">15 years</span></td><td> </td> <td style="text-align: left"> </td><td id="xdx_980_eus-gaap--FiniteLivedIntangibleAssetsGross_iI_pp0p0_c20211231__us-gaap--FiniteLivedIntangibleAssetsByMajorClassAxis__custom--OtherMember_fKDEp_zCOrwy6Kag3h" style="text-align: right" title="Finite-lived intangible assets, gross">210,000</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98D_eus-gaap--FiniteLivedIntangibleAssetsGross_iI_pp0p0_c20201231__us-gaap--FiniteLivedIntangibleAssetsByMajorClassAxis__custom--OtherMember_fKDEp_zCm0dmhBkTxb" style="text-align: right" title="Finite-lived intangible assets, gross"><span style="-sec-ix-hidden: xdx2ixbrl2260">-</span></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: 1pt">Less accumulated amortization</td><td style="padding-bottom: 1pt"> </td> <td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98B_eus-gaap--FiniteLivedIntangibleAssetsAccumulatedAmortization_iNI_pp0p0_di_c20211231_z6o6i12RBmk8" style="border-bottom: Black 1pt solid; text-align: right" title="Finite-lived intangible assets, accumulated amortization">(297,333</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--FiniteLivedIntangibleAssetsAccumulatedAmortization_iNI_pp0p0_di_c20201231_z6f74huhXKck" style="border-bottom: Black 1pt solid; text-align: right" title="Finite-lived intangible assets, accumulated amortization">(197,334</td><td style="padding-bottom: 1pt; text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: justify; padding-bottom: 2.5pt">Balance at end of year</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_983_eus-gaap--FiniteLivedIntangibleAssetsNet_iI_pp0p0_c20211231_zDdXszSW0cVg" style="border-bottom: Black 2.5pt double; text-align: right" title="Finite-lived intangible assets, net">3,512,667</td><td style="padding-bottom: 2.5pt; 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--FiniteLivedIntangibleAssetsNet_iI_pp0p0_c20201231_zSDNbDRrRTMl" style="border-bottom: Black 2.5pt double; text-align: right" title="Finite-lived intangible assets, net">1,302,666</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0pt; margin-bottom: 0pt"/> <div style="width: 15%"><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: justify; padding-left: 10pt; text-indent: -10pt; width: 0.15pc"><span id="xdx_F03_zdqJvEEQ9hfk" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(1)</span></td> <td style="text-align: justify; padding-left: 10pt; text-indent: -10pt"><span id="xdx_F10_zxPawNerh5Ol" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">See Note 20 regarding the acquisition of Rivera Funerals, Cremations and Memorial Gardens</span></td></tr> </table> <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; padding-left: 10pt; text-indent: -10pt; width: 0.15pc"><span id="xdx_F0B_zY86y7CFgwxi" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(2)</span></td> <td style="text-align: justify; padding-left: 10pt; text-indent: -10pt"><span id="xdx_F19_zv8qoAjrctsj" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Kilpatrick Life</span></td></tr> </table> <p id="xdx_8A6_z5P3X0z4DLw2" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p id="xdx_895_eus-gaap--ScheduleOfGoodwillTextBlock_zvFW2z5p7Bpd" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Information regarding goodwill by segment was as follows:</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> <span id="xdx_8B3_zd36qWz8z8Rh" style="display: none">Schedule of Goodwill by Segment</span></span></p> <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" 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" style="border-bottom: Black 1pt solid; text-align: center">Cemetery/<br/> Mortuary</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: rgb(204,238,255)"> <td>Balance at January 1, 2020:</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="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: 46%">Goodwill</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_981_eus-gaap--GoodwillGross_iI_pp0p0_c20191231__us-gaap--StatementBusinessSegmentsAxis__custom--LifeInsuranceMember_zqcgPlpZre5e" style="width: 14%; text-align: right" title="Goodwill, gross">2,765,570</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_984_eus-gaap--GoodwillGross_iI_pp0p0_c20191231__us-gaap--StatementBusinessSegmentsAxis__custom--CemeteryMortuaryMember_zLFAxadHd3k5" style="width: 14%; text-align: right" title="Goodwill, gross">754,018</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_987_eus-gaap--GoodwillGross_iI_pp0p0_c20191231_zahIdcpePTH9" style="width: 14%; text-align: right" title="Goodwill, gross">3,519,588</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: 1pt">Accumulated impairment</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_984_eus-gaap--GoodwillImpairedAccumulatedImpairmentLoss_c20191231__us-gaap--StatementBusinessSegmentsAxis__custom--LifeInsuranceMember_pp0p0" style="border-bottom: Black 1pt solid; text-align: right" title="Accumulated impairment"><span style="-sec-ix-hidden: xdx2ixbrl2280">-</span></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--GoodwillImpairedAccumulatedImpairmentLoss_c20191231__us-gaap--StatementBusinessSegmentsAxis__custom--CemeteryMortuaryMember_pp0p0" style="border-bottom: Black 1pt solid; text-align: right" title="Accumulated impairment"><span style="-sec-ix-hidden: xdx2ixbrl2282">-</span></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--GoodwillImpairedAccumulatedImpairmentLoss_c20191231_pp0p0" style="border-bottom: Black 1pt solid; text-align: right" title="Accumulated impairment"><span style="-sec-ix-hidden: xdx2ixbrl2284">-</span></td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-left: 10pt; text-align: left">Total goodwill, net</td><td> </td> <td style="text-align: left"> </td><td id="xdx_988_eus-gaap--Goodwill_iI_pp0p0_c20191231__us-gaap--StatementBusinessSegmentsAxis__custom--LifeInsuranceMember_zKq0QUXJxHy4" style="text-align: right" title="Total goodwill, net">2,765,570</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98F_eus-gaap--Goodwill_c20191231__us-gaap--StatementBusinessSegmentsAxis__custom--CemeteryMortuaryMember_pp0p0" style="text-align: right" title="Total goodwill, net">754,018</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98C_eus-gaap--Goodwill_c20191231_pp0p0" style="text-align: right" title="Total goodwill, net">3,519,588</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></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-bottom: 1pt">Acquisition</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_982_eus-gaap--BusinessAcquisitionPurchasePriceAllocationGoodwillExpectedTaxDeductibleAmount_c20191231__us-gaap--StatementBusinessSegmentsAxis__custom--LifeInsuranceMember_pp0p0" style="border-bottom: Black 1pt solid; text-align: right" title="Acquisition"><span style="-sec-ix-hidden: xdx2ixbrl2292">-</span></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--BusinessAcquisitionPurchasePriceAllocationGoodwillExpectedTaxDeductibleAmount_c20191231__us-gaap--StatementBusinessSegmentsAxis__custom--CemeteryMortuaryMember_pp0p0" style="border-bottom: Black 1pt solid; text-align: right" title="Acquisition"><span style="-sec-ix-hidden: xdx2ixbrl2294">-</span></td><td style="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--BusinessAcquisitionPurchasePriceAllocationGoodwillExpectedTaxDeductibleAmount_c20191231_pp0p0" style="border-bottom: Black 1pt solid; text-align: right" title="Acquisition"><span style="-sec-ix-hidden: xdx2ixbrl2296">-</span></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></tr> <tr style="vertical-align: bottom; background-color: White"> <td>Balance at December 31, 2020:</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="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>Goodwill</td><td> </td> <td style="text-align: left"> </td><td id="xdx_980_eus-gaap--GoodwillGross_iI_pp0p0_c20201231__us-gaap--StatementBusinessSegmentsAxis__custom--LifeInsuranceMember_z4lt9zgolas8" style="text-align: right" title="Goodwill, gross">2,765,570</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98D_eus-gaap--GoodwillGross_iI_pp0p0_c20201231__us-gaap--StatementBusinessSegmentsAxis__custom--CemeteryMortuaryMember_zIQm6buXeaFe" style="text-align: right" title="Goodwill, gross">754,018</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_986_eus-gaap--GoodwillGross_iI_pp0p0_c20201231_zJtMW1WGgE33" style="text-align: right" title="Goodwill, gross">3,519,588</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 1pt">Accumulated impairment</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_981_eus-gaap--GoodwillImpairedAccumulatedImpairmentLoss_iI_pp0p0_c20201231__us-gaap--StatementBusinessSegmentsAxis__custom--LifeInsuranceMember_zwHj0DVKOFO9" style="border-bottom: Black 1pt solid; text-align: right" title="Accumulated impairment"><span style="-sec-ix-hidden: xdx2ixbrl2304">-</span></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--GoodwillImpairedAccumulatedImpairmentLoss_c20201231__us-gaap--StatementBusinessSegmentsAxis__custom--CemeteryMortuaryMember_pp0p0" style="border-bottom: Black 1pt solid; text-align: right" title="Accumulated impairment"><span style="-sec-ix-hidden: xdx2ixbrl2306">-</span></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--GoodwillImpairedAccumulatedImpairmentLoss_c20201231_pp0p0" style="border-bottom: Black 1pt solid; text-align: right" title="Accumulated impairment"><span style="-sec-ix-hidden: xdx2ixbrl2308">-</span></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; text-align: left">Total goodwill, net</td><td> </td> <td style="text-align: left"> </td><td id="xdx_982_eus-gaap--Goodwill_iI_pp0p0_c20201231__us-gaap--StatementBusinessSegmentsAxis__custom--LifeInsuranceMember_zmwZZAvbMoSg" style="text-align: right" title="Total goodwill, net">2,765,570</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_984_eus-gaap--Goodwill_c20201231__us-gaap--StatementBusinessSegmentsAxis__custom--CemeteryMortuaryMember_pp0p0" style="text-align: right" title="Total goodwill, net">754,018</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_985_eus-gaap--Goodwill_c20201231_pp0p0" style="text-align: right" title="Total goodwill, net">3,519,588</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></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-bottom: 1pt">Acquisition</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_983_eus-gaap--BusinessAcquisitionPurchasePriceAllocationGoodwillExpectedTaxDeductibleAmount_iI_pp0p0_c20201231__us-gaap--StatementBusinessSegmentsAxis__custom--LifeInsuranceMember_zfzRYnjJb9ra" style="border-bottom: Black 1pt solid; text-align: right" title="Acquisition"><span style="-sec-ix-hidden: xdx2ixbrl2316">-</span></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--BusinessAcquisitionPurchasePriceAllocationGoodwillExpectedTaxDeductibleAmount_iI_pp0p0_c20201231__us-gaap--StatementBusinessSegmentsAxis__custom--CemeteryMortuaryMember_fKDEp_zsvQv43jbwB9" style="border-bottom: Black 1pt solid; text-align: right" title="Acquisition">1,734,195</td><td id="xdx_F26_zOdxe04YzL73" style="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_98D_eus-gaap--BusinessAcquisitionPurchasePriceAllocationGoodwillExpectedTaxDeductibleAmount_iI_pp0p0_c20201231_zeioBOx7fCgh" style="border-bottom: Black 1pt solid; text-align: right" title="Acquisition">1,734,195</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></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td>Balance at December 31, 2021:</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="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>Goodwill</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98C_eus-gaap--GoodwillGross_iI_pp0p0_c20211231__us-gaap--StatementBusinessSegmentsAxis__custom--LifeInsuranceMember_zXzMgQw86gf4" style="text-align: right" title="Goodwill, gross">2,765,570</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_981_eus-gaap--GoodwillGross_iI_pp0p0_c20211231__us-gaap--StatementBusinessSegmentsAxis__custom--CemeteryMortuaryMember_zurzdV5857Ue" style="text-align: right" title="Goodwill, gross">2,488,213</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_986_eus-gaap--GoodwillGross_iI_pp0p0_c20211231_zMQCHFev1BP5" style="text-align: right" title="Goodwill, gross">5,253,783</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">Accumulated impairment</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98C_eus-gaap--GoodwillImpairedAccumulatedImpairmentLoss_c20211231__us-gaap--StatementBusinessSegmentsAxis__custom--LifeInsuranceMember_pp0p0" style="border-bottom: Black 1pt solid; text-align: right" title="Accumulated impairment"><span style="-sec-ix-hidden: xdx2ixbrl2328">-</span></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--GoodwillImpairedAccumulatedImpairmentLoss_c20211231__us-gaap--StatementBusinessSegmentsAxis__custom--CemeteryMortuaryMember_pp0p0" style="border-bottom: Black 1pt solid; text-align: right" title="Accumulated impairment"><span style="-sec-ix-hidden: xdx2ixbrl2330">-</span></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--GoodwillImpairedAccumulatedImpairmentLoss_iI_pp0p0_c20211231_zP75UNlb0a84" style="border-bottom: Black 1pt solid; text-align: right" title="Accumulated impairment"><span style="-sec-ix-hidden: xdx2ixbrl2332">-</span></td><td style="padding-bottom: 1pt; 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 goodwill, net</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_985_eus-gaap--Goodwill_c20211231__us-gaap--StatementBusinessSegmentsAxis__custom--LifeInsuranceMember_pp0p0" style="border-bottom: Black 2.5pt double; text-align: right" title="Total goodwill, net">2,765,570</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_987_eus-gaap--Goodwill_c20211231__us-gaap--StatementBusinessSegmentsAxis__custom--CemeteryMortuaryMember_pp0p0" style="border-bottom: Black 2.5pt double; text-align: right" title="Total goodwill, net">2,488,213</td><td style="padding-bottom: 2.5pt; 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--Goodwill_iI_pp0p0_c20211231_zfxh253kPDs7" style="border-bottom: Black 2.5pt double; text-align: right" title="Total goodwill, net">5,253,783</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <div style="margin: 0pt; width: 25%"><div style="border-top: Black 1.5pt solid; font-size: 1pt"> </div></div> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"/></p> <table cellpadding="0" cellspacing="0" style="width: 100%"> <tr style="vertical-align: top"> <td style="font: 11pt Calibri, Helvetica, Sans-Serif; width: 0.25in; text-align: justify"><span id="xdx_F00_zctYdZ51Dx4a" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(1)</span></td> <td style="font: 11pt Calibri, Helvetica, Sans-Serif; text-align: justify"><span id="xdx_F1B_zcAsReHOE9sh" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">See Note 20 regarding the acquisition of Rivera Funerals, Cremations and Memorial Gardens and Holbrook Mortuary</span></td></tr> </table> <p id="xdx_8A0_zxaPUzgBoYgi" style="font: 11pt Calibri, Helvetica, Sans-Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Goodwill is not amortized but is tested annually for impairment. The annual impairment tests resulted in no impairment of goodwill for the years ended December 31, 2021 and 2020.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">SECURITY NATIONAL FINANCIAL CORPORATION</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">AND SUBSIDIARIES</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Notes to Consolidated Financial Statements</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Years Ended December 31, 2021 and 2020</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p id="xdx_892_ecustom--ScheduleOfValueOfBusinessAcquiredTextBlock_zGN38G5UpuKh" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Information with regard to value of business acquired was as follows:</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> <span id="xdx_8B2_z3YFeoAcH6Ud" style="display: none">Schedule of Value of Business Acquired</span></span></p> <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: 1pt"> </td> <td colspan="2" id="xdx_49F_20210101__20211231_zzUU7SRxdr0g" style="border-bottom: Black 1pt solid; text-align: center">2021</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_491_20200101__20201231_z3Q8E2vMcuO2" style="border-bottom: Black 1pt solid; text-align: center">2020</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">December 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">2021</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">2020</td><td style="padding-bottom: 1pt"> </td></tr> <tr id="xdx_403_ecustom--ValueOfBusinessAcquiredOnIntangibleAssetsAndGoodwill_iS_pp0p0_z2GiFyiSqgkd" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 64%; text-align: justify; padding-bottom: 1pt">Balance at beginning of year</td><td style="width: 2%; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; width: 1%; text-align: left">$</td><td style="border-bottom: Black 1pt solid; width: 14%; text-align: right">8,955,249</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 style="border-bottom: Black 1pt solid; width: 14%; text-align: right">9,876,647</td><td style="width: 1%; padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_406_ecustom--ValueOfBusinessAcquired_z5H8MFQUhUS" style="vertical-align: bottom; background-color: White"> <td style="text-align: justify; padding-bottom: 1pt">Value of business acquired</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">586,840</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"><span style="-sec-ix-hidden: xdx2ixbrl2209"> </span></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_40F_ecustom--ImputedInterestOnValueOfBusinessAcquired_i_pp0p0" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: justify">Imputed interest at <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNjaGVkdWxlIG9mIFZhbHVlIG9mIEJ1c2luZXNzIEFjcXVpcmVkIChEZXRhaWxzKSAoUGFyZW50aGV0aGljYWwpAA__" id="xdx_90B_eus-gaap--DebtInstrumentInterestRateStatedPercentage_iI_pid_dp_uPure_c20211231_zMIYKqa1NUfb" title="Debt instrument, interest rate, stated percentage">7</span>% included in earnings</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">613,028</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">670,565</td><td style="text-align: left"> </td></tr> <tr id="xdx_401_ecustom--ValueOfBusinessAcquiredAmortization_i_pp0p0" style="vertical-align: bottom; background-color: White"> <td style="text-align: justify">Amortization included in earnings</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(1,728,157</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(1,457,390</td><td style="text-align: left">)</td></tr> <tr id="xdx_40D_ecustom--ShadowAmortizationIncludedInOtherComprehensiveIncome_i_pp0p0" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: justify; padding-bottom: 1pt">Shadow amortization included in other comprehensive income</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">(5,528</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">(134,573</td><td style="padding-bottom: 1pt; text-align: left">)</td></tr> <tr id="xdx_40E_ecustom--ValueOfBusinessAcquiredNetAmortizationChargedToIncome_i_pp0p0" style="vertical-align: bottom; background-color: White"> <td style="text-align: justify; padding-bottom: 1pt">Net amortization</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">(1,120,657</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">(921,398</td><td style="padding-bottom: 1pt; text-align: left">)</td></tr> <tr id="xdx_407_ecustom--ValueOfBusinessAcquiredOnIntangibleAssetsAndGoodwill_iE_pp0p0_znDCkZcLlPda" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: justify; padding-bottom: 2.5pt">Balance at end of year</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">8,421,432</td><td style="padding-bottom: 2.5pt; 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">8,955,249</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> 8955249 9876647 586840 0.07 613028 670565 -1728157 -1457390 -5528 -134573 -1120657 -921398 8421432 8955249 1059000 972000 893000 810000 753000 P5Y10M24D <p id="xdx_890_eus-gaap--ScheduleOfFiniteLivedIntangibleAssetsTableTextBlock_zYG9VfBajfQb" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The carrying value of the Company’s intangible assets were as follows which is included in other assets:</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> <span id="xdx_8BE_zBZVnCecK3id" style="display: none">Schedule of Carrying Value of Intangible Asset</span></span></p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 85%"> <tr style="vertical-align: bottom"> <td> </td><td style="padding-bottom: 1pt"> </td> <td> </td><td style="padding-bottom: 1pt"> </td> <td colspan="6" style="border-bottom: Black 1pt solid; text-align: center">December 31</td><td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: center">Useful Life</td><td style="padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">2021</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">2020</td><td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 48%; text-align: justify">Intangible asset - trade name <span id="xdx_F48_zpBKA3ROXY5d">(1)</span></td><td style="width: 2%"> </td> <td style="width: 14%; text-align: center"><span id="xdx_907_eus-gaap--FiniteLivedIntangibleAssetUsefulLife_c20210101__20211231__us-gaap--FiniteLivedIntangibleAssetsByMajorClassAxis__us-gaap--TradeNamesMember_zXhy0bwgSJpa" title="Finite-Lived Intangible Asset, Useful Life">15 years</span></td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_98E_eus-gaap--FiniteLivedIntangibleAssetsGross_iI_pp0p0_c20211231__us-gaap--FiniteLivedIntangibleAssetsByMajorClassAxis__us-gaap--TradeNamesMember_fKDEp_z1bb1WehcUb1" style="width: 14%; text-align: right" title="Finite-lived intangible assets, gross">2,100,000</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--FiniteLivedIntangibleAssetsGross_iI_pp0p0_c20201231__us-gaap--FiniteLivedIntangibleAssetsByMajorClassAxis__us-gaap--TradeNamesMember_fKDEp_zdHVGUWn9Uqb" style="width: 14%; text-align: right" title="Finite-lived intangible assets, gross"><span style="-sec-ix-hidden: xdx2ixbrl2242">-</span></td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: justify">Intangible asset - customer lists</td><td> </td> <td style="text-align: center"><span id="xdx_90A_eus-gaap--FiniteLivedIntangibleAssetUsefulLife_c20210101__20211231__us-gaap--FiniteLivedIntangibleAssetsByMajorClassAxis__us-gaap--CustomerListsMember_zZ1aHetNIzy1" title="Finite-Lived Intangible Asset, Useful Life">15 years</span></td><td> </td> <td style="text-align: left"> </td><td id="xdx_98A_eus-gaap--FiniteLivedIntangibleAssetsGross_iI_pp0p0_c20211231__us-gaap--FiniteLivedIntangibleAssetsByMajorClassAxis__us-gaap--CustomerListsMember_zF7QqgkE8RA8" style="text-align: right" title="Finite-lived intangible assets, gross">890,000</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_982_eus-gaap--FiniteLivedIntangibleAssetsGross_iI_pp0p0_c20201231__us-gaap--FiniteLivedIntangibleAssetsByMajorClassAxis__us-gaap--CustomerListsMember_zlQt2jsDGUH6" style="text-align: right" title="Finite-lived intangible assets, gross">890,000</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: justify">Intangible asset - trade name <span id="xdx_F4E_zDfZE5S0Jgi6">(2)</span></td><td> </td> <td style="text-align: center"><span id="xdx_901_eus-gaap--FiniteLivedIntangibleAssetUsefulLife_c20210101__20211231__us-gaap--FiniteLivedIntangibleAssetsByMajorClassAxis__custom--TradeNamesTwoMember_fKDIp_z0kehVAqUJk3" title="Finite-Lived Intangible Asset, Useful Life">15 years</span></td><td> </td> <td style="text-align: left"> </td><td id="xdx_983_eus-gaap--FiniteLivedIntangibleAssetsGross_iI_pp0p0_c20211231__us-gaap--FiniteLivedIntangibleAssetsByMajorClassAxis__custom--TradeNamesTwoMember_fKDIp_zrPeHN8KGM8a" style="text-align: right" title="Finite-lived intangible assets, gross">610,000</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98F_eus-gaap--FiniteLivedIntangibleAssetsGross_iI_pp0p0_c20201231__us-gaap--FiniteLivedIntangibleAssetsByMajorClassAxis__custom--TradeNamesTwoMember_fKDIp_zPuaPJ1cKWT6" style="text-align: right" title="Finite-lived intangible assets, gross">610,000</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: justify">Intangible assets - other <span id="xdx_F42_zQtxhCnHGWK6">(1)</span></td><td> </td> <td style="text-align: center"><span id="xdx_90A_eus-gaap--FiniteLivedIntangibleAssetUsefulLife_c20210101__20211231__us-gaap--FiniteLivedIntangibleAssetsByMajorClassAxis__custom--OtherMember_fKDEp_zEeob7plFrW8" title="Finite-Lived Intangible Asset, Useful Life">15 years</span></td><td> </td> <td style="text-align: left"> </td><td id="xdx_980_eus-gaap--FiniteLivedIntangibleAssetsGross_iI_pp0p0_c20211231__us-gaap--FiniteLivedIntangibleAssetsByMajorClassAxis__custom--OtherMember_fKDEp_zCOrwy6Kag3h" style="text-align: right" title="Finite-lived intangible assets, gross">210,000</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98D_eus-gaap--FiniteLivedIntangibleAssetsGross_iI_pp0p0_c20201231__us-gaap--FiniteLivedIntangibleAssetsByMajorClassAxis__custom--OtherMember_fKDEp_zCm0dmhBkTxb" style="text-align: right" title="Finite-lived intangible assets, gross"><span style="-sec-ix-hidden: xdx2ixbrl2260">-</span></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: 1pt">Less accumulated amortization</td><td style="padding-bottom: 1pt"> </td> <td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98B_eus-gaap--FiniteLivedIntangibleAssetsAccumulatedAmortization_iNI_pp0p0_di_c20211231_z6o6i12RBmk8" style="border-bottom: Black 1pt solid; text-align: right" title="Finite-lived intangible assets, accumulated amortization">(297,333</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--FiniteLivedIntangibleAssetsAccumulatedAmortization_iNI_pp0p0_di_c20201231_z6f74huhXKck" style="border-bottom: Black 1pt solid; text-align: right" title="Finite-lived intangible assets, accumulated amortization">(197,334</td><td style="padding-bottom: 1pt; text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: justify; padding-bottom: 2.5pt">Balance at end of year</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_983_eus-gaap--FiniteLivedIntangibleAssetsNet_iI_pp0p0_c20211231_zDdXszSW0cVg" style="border-bottom: Black 2.5pt double; text-align: right" title="Finite-lived intangible assets, net">3,512,667</td><td style="padding-bottom: 2.5pt; 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--FiniteLivedIntangibleAssetsNet_iI_pp0p0_c20201231_zSDNbDRrRTMl" style="border-bottom: Black 2.5pt double; text-align: right" title="Finite-lived intangible assets, net">1,302,666</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0pt; margin-bottom: 0pt"/> <div style="width: 15%"><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: justify; padding-left: 10pt; text-indent: -10pt; width: 0.15pc"><span id="xdx_F03_zdqJvEEQ9hfk" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(1)</span></td> <td style="text-align: justify; padding-left: 10pt; text-indent: -10pt"><span id="xdx_F10_zxPawNerh5Ol" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">See Note 20 regarding the acquisition of Rivera Funerals, Cremations and Memorial Gardens</span></td></tr> </table> <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; padding-left: 10pt; text-indent: -10pt; width: 0.15pc"><span id="xdx_F0B_zY86y7CFgwxi" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(2)</span></td> <td style="text-align: justify; padding-left: 10pt; text-indent: -10pt"><span id="xdx_F19_zv8qoAjrctsj" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Kilpatrick Life</span></td></tr> </table> P15Y 2100000 P15Y 890000 890000 P15Y 610000 610000 P15Y 210000 297333 197334 3512667 1302666 <p id="xdx_895_eus-gaap--ScheduleOfGoodwillTextBlock_zvFW2z5p7Bpd" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Information regarding goodwill by segment was as follows:</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> <span id="xdx_8B3_zd36qWz8z8Rh" style="display: none">Schedule of Goodwill by Segment</span></span></p> <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" 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" style="border-bottom: Black 1pt solid; text-align: center">Cemetery/<br/> Mortuary</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: rgb(204,238,255)"> <td>Balance at January 1, 2020:</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="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: 46%">Goodwill</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_981_eus-gaap--GoodwillGross_iI_pp0p0_c20191231__us-gaap--StatementBusinessSegmentsAxis__custom--LifeInsuranceMember_zqcgPlpZre5e" style="width: 14%; text-align: right" title="Goodwill, gross">2,765,570</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_984_eus-gaap--GoodwillGross_iI_pp0p0_c20191231__us-gaap--StatementBusinessSegmentsAxis__custom--CemeteryMortuaryMember_zLFAxadHd3k5" style="width: 14%; text-align: right" title="Goodwill, gross">754,018</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_987_eus-gaap--GoodwillGross_iI_pp0p0_c20191231_zahIdcpePTH9" style="width: 14%; text-align: right" title="Goodwill, gross">3,519,588</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: 1pt">Accumulated impairment</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_984_eus-gaap--GoodwillImpairedAccumulatedImpairmentLoss_c20191231__us-gaap--StatementBusinessSegmentsAxis__custom--LifeInsuranceMember_pp0p0" style="border-bottom: Black 1pt solid; text-align: right" title="Accumulated impairment"><span style="-sec-ix-hidden: xdx2ixbrl2280">-</span></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--GoodwillImpairedAccumulatedImpairmentLoss_c20191231__us-gaap--StatementBusinessSegmentsAxis__custom--CemeteryMortuaryMember_pp0p0" style="border-bottom: Black 1pt solid; text-align: right" title="Accumulated impairment"><span style="-sec-ix-hidden: xdx2ixbrl2282">-</span></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--GoodwillImpairedAccumulatedImpairmentLoss_c20191231_pp0p0" style="border-bottom: Black 1pt solid; text-align: right" title="Accumulated impairment"><span style="-sec-ix-hidden: xdx2ixbrl2284">-</span></td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-left: 10pt; text-align: left">Total goodwill, net</td><td> </td> <td style="text-align: left"> </td><td id="xdx_988_eus-gaap--Goodwill_iI_pp0p0_c20191231__us-gaap--StatementBusinessSegmentsAxis__custom--LifeInsuranceMember_zKq0QUXJxHy4" style="text-align: right" title="Total goodwill, net">2,765,570</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98F_eus-gaap--Goodwill_c20191231__us-gaap--StatementBusinessSegmentsAxis__custom--CemeteryMortuaryMember_pp0p0" style="text-align: right" title="Total goodwill, net">754,018</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98C_eus-gaap--Goodwill_c20191231_pp0p0" style="text-align: right" title="Total goodwill, net">3,519,588</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></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-bottom: 1pt">Acquisition</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_982_eus-gaap--BusinessAcquisitionPurchasePriceAllocationGoodwillExpectedTaxDeductibleAmount_c20191231__us-gaap--StatementBusinessSegmentsAxis__custom--LifeInsuranceMember_pp0p0" style="border-bottom: Black 1pt solid; text-align: right" title="Acquisition"><span style="-sec-ix-hidden: xdx2ixbrl2292">-</span></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--BusinessAcquisitionPurchasePriceAllocationGoodwillExpectedTaxDeductibleAmount_c20191231__us-gaap--StatementBusinessSegmentsAxis__custom--CemeteryMortuaryMember_pp0p0" style="border-bottom: Black 1pt solid; text-align: right" title="Acquisition"><span style="-sec-ix-hidden: xdx2ixbrl2294">-</span></td><td style="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--BusinessAcquisitionPurchasePriceAllocationGoodwillExpectedTaxDeductibleAmount_c20191231_pp0p0" style="border-bottom: Black 1pt solid; text-align: right" title="Acquisition"><span style="-sec-ix-hidden: xdx2ixbrl2296">-</span></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></tr> <tr style="vertical-align: bottom; background-color: White"> <td>Balance at December 31, 2020:</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="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>Goodwill</td><td> </td> <td style="text-align: left"> </td><td id="xdx_980_eus-gaap--GoodwillGross_iI_pp0p0_c20201231__us-gaap--StatementBusinessSegmentsAxis__custom--LifeInsuranceMember_z4lt9zgolas8" style="text-align: right" title="Goodwill, gross">2,765,570</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98D_eus-gaap--GoodwillGross_iI_pp0p0_c20201231__us-gaap--StatementBusinessSegmentsAxis__custom--CemeteryMortuaryMember_zIQm6buXeaFe" style="text-align: right" title="Goodwill, gross">754,018</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_986_eus-gaap--GoodwillGross_iI_pp0p0_c20201231_zJtMW1WGgE33" style="text-align: right" title="Goodwill, gross">3,519,588</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 1pt">Accumulated impairment</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_981_eus-gaap--GoodwillImpairedAccumulatedImpairmentLoss_iI_pp0p0_c20201231__us-gaap--StatementBusinessSegmentsAxis__custom--LifeInsuranceMember_zwHj0DVKOFO9" style="border-bottom: Black 1pt solid; text-align: right" title="Accumulated impairment"><span style="-sec-ix-hidden: xdx2ixbrl2304">-</span></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--GoodwillImpairedAccumulatedImpairmentLoss_c20201231__us-gaap--StatementBusinessSegmentsAxis__custom--CemeteryMortuaryMember_pp0p0" style="border-bottom: Black 1pt solid; text-align: right" title="Accumulated impairment"><span style="-sec-ix-hidden: xdx2ixbrl2306">-</span></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--GoodwillImpairedAccumulatedImpairmentLoss_c20201231_pp0p0" style="border-bottom: Black 1pt solid; text-align: right" title="Accumulated impairment"><span style="-sec-ix-hidden: xdx2ixbrl2308">-</span></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; text-align: left">Total goodwill, net</td><td> </td> <td style="text-align: left"> </td><td id="xdx_982_eus-gaap--Goodwill_iI_pp0p0_c20201231__us-gaap--StatementBusinessSegmentsAxis__custom--LifeInsuranceMember_zmwZZAvbMoSg" style="text-align: right" title="Total goodwill, net">2,765,570</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_984_eus-gaap--Goodwill_c20201231__us-gaap--StatementBusinessSegmentsAxis__custom--CemeteryMortuaryMember_pp0p0" style="text-align: right" title="Total goodwill, net">754,018</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_985_eus-gaap--Goodwill_c20201231_pp0p0" style="text-align: right" title="Total goodwill, net">3,519,588</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></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-bottom: 1pt">Acquisition</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_983_eus-gaap--BusinessAcquisitionPurchasePriceAllocationGoodwillExpectedTaxDeductibleAmount_iI_pp0p0_c20201231__us-gaap--StatementBusinessSegmentsAxis__custom--LifeInsuranceMember_zfzRYnjJb9ra" style="border-bottom: Black 1pt solid; text-align: right" title="Acquisition"><span style="-sec-ix-hidden: xdx2ixbrl2316">-</span></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--BusinessAcquisitionPurchasePriceAllocationGoodwillExpectedTaxDeductibleAmount_iI_pp0p0_c20201231__us-gaap--StatementBusinessSegmentsAxis__custom--CemeteryMortuaryMember_fKDEp_zsvQv43jbwB9" style="border-bottom: Black 1pt solid; text-align: right" title="Acquisition">1,734,195</td><td id="xdx_F26_zOdxe04YzL73" style="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_98D_eus-gaap--BusinessAcquisitionPurchasePriceAllocationGoodwillExpectedTaxDeductibleAmount_iI_pp0p0_c20201231_zeioBOx7fCgh" style="border-bottom: Black 1pt solid; text-align: right" title="Acquisition">1,734,195</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></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td>Balance at December 31, 2021:</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="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>Goodwill</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98C_eus-gaap--GoodwillGross_iI_pp0p0_c20211231__us-gaap--StatementBusinessSegmentsAxis__custom--LifeInsuranceMember_zXzMgQw86gf4" style="text-align: right" title="Goodwill, gross">2,765,570</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_981_eus-gaap--GoodwillGross_iI_pp0p0_c20211231__us-gaap--StatementBusinessSegmentsAxis__custom--CemeteryMortuaryMember_zurzdV5857Ue" style="text-align: right" title="Goodwill, gross">2,488,213</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_986_eus-gaap--GoodwillGross_iI_pp0p0_c20211231_zMQCHFev1BP5" style="text-align: right" title="Goodwill, gross">5,253,783</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">Accumulated impairment</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98C_eus-gaap--GoodwillImpairedAccumulatedImpairmentLoss_c20211231__us-gaap--StatementBusinessSegmentsAxis__custom--LifeInsuranceMember_pp0p0" style="border-bottom: Black 1pt solid; text-align: right" title="Accumulated impairment"><span style="-sec-ix-hidden: xdx2ixbrl2328">-</span></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--GoodwillImpairedAccumulatedImpairmentLoss_c20211231__us-gaap--StatementBusinessSegmentsAxis__custom--CemeteryMortuaryMember_pp0p0" style="border-bottom: Black 1pt solid; text-align: right" title="Accumulated impairment"><span style="-sec-ix-hidden: xdx2ixbrl2330">-</span></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--GoodwillImpairedAccumulatedImpairmentLoss_iI_pp0p0_c20211231_zP75UNlb0a84" style="border-bottom: Black 1pt solid; text-align: right" title="Accumulated impairment"><span style="-sec-ix-hidden: xdx2ixbrl2332">-</span></td><td style="padding-bottom: 1pt; 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 goodwill, net</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_985_eus-gaap--Goodwill_c20211231__us-gaap--StatementBusinessSegmentsAxis__custom--LifeInsuranceMember_pp0p0" style="border-bottom: Black 2.5pt double; text-align: right" title="Total goodwill, net">2,765,570</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_987_eus-gaap--Goodwill_c20211231__us-gaap--StatementBusinessSegmentsAxis__custom--CemeteryMortuaryMember_pp0p0" style="border-bottom: Black 2.5pt double; text-align: right" title="Total goodwill, net">2,488,213</td><td style="padding-bottom: 2.5pt; 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--Goodwill_iI_pp0p0_c20211231_zfxh253kPDs7" style="border-bottom: Black 2.5pt double; text-align: right" title="Total goodwill, net">5,253,783</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <div style="margin: 0pt; width: 25%"><div style="border-top: Black 1.5pt solid; font-size: 1pt"> </div></div> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"/></p> <table cellpadding="0" cellspacing="0" style="width: 100%"> <tr style="vertical-align: top"> <td style="font: 11pt Calibri, Helvetica, Sans-Serif; width: 0.25in; text-align: justify"><span id="xdx_F00_zctYdZ51Dx4a" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(1)</span></td> <td style="font: 11pt Calibri, Helvetica, Sans-Serif; text-align: justify"><span id="xdx_F1B_zcAsReHOE9sh" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">See Note 20 regarding the acquisition of Rivera Funerals, Cremations and Memorial Gardens and Holbrook Mortuary</span></td></tr> </table> 2765570 754018 3519588 2765570 754018 3519588 2765570 754018 3519588 2765570 754018 3519588 1734195 1734195 2765570 2488213 5253783 2765570 2488213 5253783 <p id="xdx_80A_eus-gaap--PropertyPlantAndEquipmentDisclosureTextBlock_zCrWrB6ukSNg" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">6) <span style="text-decoration: underline"><span id="xdx_820_zyjRymFtAByh">Property and Equipment</span></span></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p id="xdx_890_eus-gaap--PropertyPlantAndEquipmentTextBlock_zSm8v4EvbMh8" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Property and equipment is summarized below:</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> <span id="xdx_8B8_zVXXk3xbeCsj" style="display: none">Schedule of Property, Plant and Equipment</span></span></p> <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: 1pt"> </td> <td colspan="2" id="xdx_497_20211231_zNAaXbnsZYDf" style="border-bottom: Black 1pt solid; text-align: center">2021</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_491_20201231_zQ9LUDhsBXIh" style="border-bottom: Black 1pt solid; text-align: center">2020</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">December 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">2021</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">2020</td><td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 64%; text-align: justify">Land and buildings</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_983_eus-gaap--PropertyPlantAndEquipmentGross_iI_pp0p0_c20211231__us-gaap--PropertyPlantAndEquipmentByTypeAxis__us-gaap--LandAndBuildingMember_zQlq0wFqGq13" style="width: 14%; text-align: right" title="Property, Plant and Equipment, Gross">16,532,593</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--PropertyPlantAndEquipmentGross_c20201231__us-gaap--PropertyPlantAndEquipmentByTypeAxis__us-gaap--LandAndBuildingMember_pp0p0" style="width: 14%; text-align: right" title="Property, Plant and Equipment, Gross">11,972,802</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: justify; padding-bottom: 1pt">Furniture and equipment</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_989_eus-gaap--PropertyPlantAndEquipmentGross_c20211231__us-gaap--PropertyPlantAndEquipmentByTypeAxis__us-gaap--FurnitureAndFixturesMember_pp0p0" style="border-bottom: Black 1pt solid; text-align: right" title="Property, Plant and Equipment, Gross">24,799,115</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--PropertyPlantAndEquipmentGross_c20201231__us-gaap--PropertyPlantAndEquipmentByTypeAxis__us-gaap--FurnitureAndFixturesMember_pp0p0" style="border-bottom: Black 1pt solid; text-align: right" title="Property, Plant and Equipment, Gross">19,679,682</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_405_eus-gaap--PropertyPlantAndEquipmentGross_iI_pp0p0_maPPAENzqBX_z5HVRMU7sNZc" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td><span style="display: none; font-family: Times New Roman, Times, Serif; font-size: 10pt">Property, Plant and Equipment, Gross</span></td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">41,331,708</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">31,652,484</td><td style="text-align: left"> </td></tr> <tr id="xdx_400_eus-gaap--AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment_iNI_pp0p0_di_msPPAENzqBX_zKFfCTqEmYva" style="vertical-align: bottom; background-color: White"> <td style="text-align: justify; padding-bottom: 1pt">Less accumulated depreciation</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">(19,814,110</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">(19,179,139</td><td style="padding-bottom: 1pt; text-align: left">)</td></tr> <tr id="xdx_40C_eus-gaap--PropertyPlantAndEquipmentNet_iTI_pp0p0_mtPPAENzqBX_zEvcovh51IS" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: justify; 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">21,517,598</td><td style="padding-bottom: 2.5pt; 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">12,473,345</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> <p id="xdx_8A3_zwqjrhnLZlZ6" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Depreciation expense for the years ended December 31, 2021 and 2020 was $<span id="xdx_904_eus-gaap--DepreciationDepletionAndAmortization_c20210101__20211231_pp0p0" title="Depreciation expense">1,935,613</span> and $<span id="xdx_906_eus-gaap--DepreciationDepletionAndAmortization_c20200101__20201231_pp0p0" title="Depreciation expense">2,078,738</span>, respectively. During 2021, the Company reclassified a building with a gross building cost of $<span id="xdx_90A_eus-gaap--PropertyPlantAndEquipmentGross_iI_pp0p0_c20211231__us-gaap--PropertyPlantAndEquipmentByTypeAxis__us-gaap--BuildingMember_zVFmaSjjvA77" title="Property, Plant and Equipment, Gross">3,640,755</span> with its associated accumulated depreciation of $<span id="xdx_907_eus-gaap--PropertyPlantAndEquipmentOtherAccumulatedDepreciation_iI_pp0p0_c20211231__us-gaap--PropertyPlantAndEquipmentByTypeAxis__us-gaap--BuildingMember_z3IbD5UyVhJa" title="Accumulated depreciation">532,074</span> from property and equipment to real estate held for investment. During 2020, the Company demolished a building with a gross building cost of $<span id="xdx_904_eus-gaap--PropertyPlantAndEquipmentGross_iI_pp0p0_c20201231__us-gaap--PropertyPlantAndEquipmentByTypeAxis__us-gaap--BuildingMember_zZpUDwh6Yk03" title="Property, Plant and Equipment, Gross">1,723,000</span> with its associated accumulated depreciation (net book value of $-<span id="xdx_90C_eus-gaap--PropertyPlantAndEquipmentOtherAccumulatedDepreciation_iI_pp0p0_c20201231__us-gaap--PropertyPlantAndEquipmentByTypeAxis__us-gaap--BuildingMember_zEs0n69g8M0a" title="Accumulated depreciation">0</span>-) and transferred land with a cost of $<span id="xdx_900_ecustom--TransferOfCemeteryLandAndImprovementsToPropertyAndEquipment_pp0p0_c20200101__20201231_zsVSNUpidD2i" title="Transfer of cemetery land and improvements to property and equipment">1,516,700</span> to real estate held for investment to make way for phase 2 of the redevelopment and expansion of Center53. See Note 20 for additional information regarding property and equipment acquired through acquisitions.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">SECURITY NATIONAL FINANCIAL CORPORATION</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">AND SUBSIDIARIES</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Notes to Consolidated Financial Statements</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Years Ended December 31, 2021 and 2020</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p id="xdx_890_eus-gaap--PropertyPlantAndEquipmentTextBlock_zSm8v4EvbMh8" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Property and equipment is summarized below:</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> <span id="xdx_8B8_zVXXk3xbeCsj" style="display: none">Schedule of Property, Plant and Equipment</span></span></p> <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: 1pt"> </td> <td colspan="2" id="xdx_497_20211231_zNAaXbnsZYDf" style="border-bottom: Black 1pt solid; text-align: center">2021</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_491_20201231_zQ9LUDhsBXIh" style="border-bottom: Black 1pt solid; text-align: center">2020</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">December 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">2021</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">2020</td><td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 64%; text-align: justify">Land and buildings</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_983_eus-gaap--PropertyPlantAndEquipmentGross_iI_pp0p0_c20211231__us-gaap--PropertyPlantAndEquipmentByTypeAxis__us-gaap--LandAndBuildingMember_zQlq0wFqGq13" style="width: 14%; text-align: right" title="Property, Plant and Equipment, Gross">16,532,593</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--PropertyPlantAndEquipmentGross_c20201231__us-gaap--PropertyPlantAndEquipmentByTypeAxis__us-gaap--LandAndBuildingMember_pp0p0" style="width: 14%; text-align: right" title="Property, Plant and Equipment, Gross">11,972,802</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: justify; padding-bottom: 1pt">Furniture and equipment</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_989_eus-gaap--PropertyPlantAndEquipmentGross_c20211231__us-gaap--PropertyPlantAndEquipmentByTypeAxis__us-gaap--FurnitureAndFixturesMember_pp0p0" style="border-bottom: Black 1pt solid; text-align: right" title="Property, Plant and Equipment, Gross">24,799,115</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--PropertyPlantAndEquipmentGross_c20201231__us-gaap--PropertyPlantAndEquipmentByTypeAxis__us-gaap--FurnitureAndFixturesMember_pp0p0" style="border-bottom: Black 1pt solid; text-align: right" title="Property, Plant and Equipment, Gross">19,679,682</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_405_eus-gaap--PropertyPlantAndEquipmentGross_iI_pp0p0_maPPAENzqBX_z5HVRMU7sNZc" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td><span style="display: none; font-family: Times New Roman, Times, Serif; font-size: 10pt">Property, Plant and Equipment, Gross</span></td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">41,331,708</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">31,652,484</td><td style="text-align: left"> </td></tr> <tr id="xdx_400_eus-gaap--AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment_iNI_pp0p0_di_msPPAENzqBX_zKFfCTqEmYva" style="vertical-align: bottom; background-color: White"> <td style="text-align: justify; padding-bottom: 1pt">Less accumulated depreciation</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">(19,814,110</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">(19,179,139</td><td style="padding-bottom: 1pt; text-align: left">)</td></tr> <tr id="xdx_40C_eus-gaap--PropertyPlantAndEquipmentNet_iTI_pp0p0_mtPPAENzqBX_zEvcovh51IS" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: justify; 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">21,517,598</td><td style="padding-bottom: 2.5pt; 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">12,473,345</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> 16532593 11972802 24799115 19679682 41331708 31652484 19814110 19179139 21517598 12473345 1935613 2078738 3640755 532074 1723000 0 1516700 <p id="xdx_80C_eus-gaap--DebtDisclosureTextBlock_z4vCrind8mo5" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">7) <span style="text-decoration: underline"><span id="xdx_829_z7dyv8I0GhA3">Bank and Other Loans Payable</span></span></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p id="xdx_893_ecustom--SummaryOfBankLoansPayableTextBlock_z3xeAgAr3uxj" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Bank and other loans payable are summarized as follows:</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> <span id="xdx_8B0_z9akClHwqKx6" style="display: none">Summary of Bank Loans Payable</span></span></p> <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="6" style="border-bottom: Black 1pt solid; text-align: center">December 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">2021</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">2020</td><td style="padding-bottom: 1pt"> </td></tr> <tr style="display: none; vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="display: none; text-align: left"/><td style="display: none"> </td> <td style="display: none; text-align: left"> </td><td id="xdx_980_ecustom--BankLoansPayable_iI_pp0p0_c20211231__us-gaap--LongtermDebtTypeAxis__custom--NotePayable1Member_zl5JsnANK6Pi" style="display: none; text-align: right" title="Total bank and other loans"><span style="-sec-ix-hidden: xdx2ixbrl2380">-</span></td><td style="display: none; text-align: left"> </td><td style="display: none"> </td> <td style="display: none; text-align: left"> </td><td id="xdx_988_ecustom--BankLoansPayable_iI_pp0p0_c20201231__us-gaap--LongtermDebtTypeAxis__custom--NotePayable1Member_zJffTMrJiMNd" style="display: none; text-align: right" title="Total bank and other loans">633,890</td><td style="display: none; text-align: left"> </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"> </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"> </td><td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 64%; text-align: left"><span class="xdx_phnt_RGlzY2xvc3VyZSAtIFN1bW1hcnkgb2YgQmFuayBMb2FucyBQYXlhYmxlIChEZXRhaWxzKSAoUGFyZW50aGV0aWNhbCkA" id="xdx_908_eus-gaap--DebtInstrumentInterestRateStatedPercentage_iI_pip0_dp_uPure_c20211231__us-gaap--LongtermDebtTypeAxis__custom--NotePayable1Member_z0OnqBb8T40f" title="Debt instrument interest rate"><span class="xdx_phnt_RGlzY2xvc3VyZSAtIFN1bW1hcnkgb2YgQmFuayBMb2FucyBQYXlhYmxlIChEZXRhaWxzKSAoUGFyZW50aGV0aWNhbCkA" id="xdx_904_eus-gaap--DebtInstrumentInterestRateStatedPercentage_iI_pip0_dp_uPure_c20201231__us-gaap--LongtermDebtTypeAxis__custom--NotePayable1Member_zDPQLnGcdBq1">4.27</span></span>% fixed note payable in monthly installments of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFN1bW1hcnkgb2YgQmFuayBMb2FucyBQYXlhYmxlIChEZXRhaWxzKSAoUGFyZW50aGV0aWNhbCkA" id="xdx_90E_eus-gaap--DebtInstrumentFaceAmount_iI_pp0p0_c20211231__us-gaap--LongtermDebtTypeAxis__custom--NotePayable1Member_z7ixiFxcnEH2" title="Debt instrument principal amount"><span class="xdx_phnt_RGlzY2xvc3VyZSAtIFN1bW1hcnkgb2YgQmFuayBMb2FucyBQYXlhYmxlIChEZXRhaWxzKSAoUGFyZW50aGV0aWNhbCkA" id="xdx_909_eus-gaap--DebtInstrumentFaceAmount_iI_pp0p0_c20201231__us-gaap--LongtermDebtTypeAxis__custom--NotePayable1Member_z9eQdaFK7az6">53,881</span></span> including principal and interest, collateralized by shares of Security National Life Insurance Company stock, paid in full December 2021.</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td id="xdx_98E_ecustom--BankLoansPayable_iI_pp0p0_c20211231__us-gaap--LongtermDebtTypeAxis__custom--NotePayable1Member_zhF8wsQWoWqi" style="width: 14%; text-align: right" title="Total bank and other loans"><span style="-sec-ix-hidden: xdx2ixbrl2390">-</span></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_ecustom--BankLoansPayable_iI_pp0p0_c20201231__us-gaap--LongtermDebtTypeAxis__custom--NotePayable1Member_zGmQ9YdxUs38" style="width: 14%; text-align: right" title="Total bank and other loans">633,890</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 style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Prime rate note payable in monthly installments of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFN1bW1hcnkgb2YgQmFuayBMb2FucyBQYXlhYmxlIChEZXRhaWxzKSAoUGFyZW50aGV0aWNhbCkA" id="xdx_908_eus-gaap--DebtInstrumentFaceAmount_iI_pp0p0_c20211231__us-gaap--LongtermDebtTypeAxis__custom--NotePayable2Member_ztOtkcWpUR8h" title="Debt instrument principal amount"><span class="xdx_phnt_RGlzY2xvc3VyZSAtIFN1bW1hcnkgb2YgQmFuayBMb2FucyBQYXlhYmxlIChEZXRhaWxzKSAoUGFyZW50aGV0aWNhbCkA" id="xdx_90E_eus-gaap--DebtInstrumentFaceAmount_iI_pp0p0_c20201231__us-gaap--LongtermDebtTypeAxis__custom--NotePayable2Member_zW2lACisnBE6">75,108</span></span> including principal and interest, collateralized by shares of Security National Life Insurance Company stock, due December 2024.</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98E_ecustom--BankLoansPayable_iI_pp0p0_c20211231__us-gaap--LongtermDebtTypeAxis__custom--NotePayable2Member_zNu0NgmlsiP5" style="text-align: right" title="Total bank and other loans">2,481,878</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_985_ecustom--BankLoansPayable_iI_pp0p0_c20201231__us-gaap--LongtermDebtTypeAxis__custom--NotePayable2Member_z6pSEiSjonBk" style="text-align: right" title="Total bank and other loans">3,257,113</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></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left"><span class="xdx_phnt_RGlzY2xvc3VyZSAtIFN1bW1hcnkgb2YgQmFuayBMb2FucyBQYXlhYmxlIChEZXRhaWxzKSAoUGFyZW50aGV0aWNhbCkA" id="xdx_90E_eus-gaap--DebtInstrumentInterestRateStatedPercentage_iI_pid_dp_uPure_c20211231__us-gaap--LongtermDebtTypeAxis__custom--NotePayable3Member_zUaPYOX9Utsc" title="Debt instrument interest rate"><span class="xdx_phnt_RGlzY2xvc3VyZSAtIFN1bW1hcnkgb2YgQmFuayBMb2FucyBQYXlhYmxlIChEZXRhaWxzKSAoUGFyZW50aGV0aWNhbCkA" id="xdx_90F_eus-gaap--DebtInstrumentInterestRateStatedPercentage_iI_pid_dp_uPure_c20201231__us-gaap--LongtermDebtTypeAxis__custom--NotePayable3Member_zp9FfuWrRGEa">4.329</span></span>% fixed note payable in monthly installments of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFN1bW1hcnkgb2YgQmFuayBMb2FucyBQYXlhYmxlIChEZXRhaWxzKSAoUGFyZW50aGV0aWNhbCkA" id="xdx_900_eus-gaap--DebtInstrumentFaceAmount_iI_pp0p0_c20211231__us-gaap--LongtermDebtTypeAxis__custom--NotePayable3Member_znGaHIWZT3pi" title="Debt instrument principal amount"><span class="xdx_phnt_RGlzY2xvc3VyZSAtIFN1bW1hcnkgb2YgQmFuayBMb2FucyBQYXlhYmxlIChEZXRhaWxzKSAoUGFyZW50aGV0aWNhbCkA" id="xdx_902_eus-gaap--DebtInstrumentFaceAmount_iI_pp0p0_c20201231__us-gaap--LongtermDebtTypeAxis__custom--NotePayable3Member_z6x4YQQCkDKl">9,775</span></span> including principal and interest, collateralized by real property with a book value of approximately $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFN1bW1hcnkgb2YgQmFuayBMb2FucyBQYXlhYmxlIChEZXRhaWxzKSAoUGFyZW50aGV0aWNhbCkA" id="xdx_902_eus-gaap--DebtInstrumentCarryingAmount_iI_c20211231__us-gaap--LongtermDebtTypeAxis__custom--NotePayable3Member_zpaoZ3VZkyuc"><span class="xdx_phnt_RGlzY2xvc3VyZSAtIFN1bW1hcnkgb2YgQmFuayBMb2FucyBQYXlhYmxlIChEZXRhaWxzKSAoUGFyZW50aGV0aWNhbCkA" id="xdx_903_eus-gaap--DebtInstrumentCarryingAmount_iI_c20201231__us-gaap--LongtermDebtTypeAxis__custom--NotePayable3Member_zSn7BLyVC6S6">3,103,000</span></span>, due September 2025.</td><td> </td> <td style="text-align: left"> </td><td id="xdx_987_ecustom--BankLoansPayable_iI_pp0p0_c20211231__us-gaap--LongtermDebtTypeAxis__custom--NotePayable3Member_zucCa47Z6ow9" style="text-align: right" title="Total bank and other loans">1,825,608</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98D_ecustom--BankLoansPayable_iI_pp0p0_c20201231__us-gaap--LongtermDebtTypeAxis__custom--NotePayable3Member_zz65Oy6BRtjj" style="text-align: right" title="Total bank and other loans">1,861,920</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></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left"><span class="xdx_phnt_RGlzY2xvc3VyZSAtIFN1bW1hcnkgb2YgQmFuayBMb2FucyBQYXlhYmxlIChEZXRhaWxzKSAoUGFyZW50aGV0aWNhbCkA" id="xdx_901_eus-gaap--DebtInstrumentInterestRateStatedPercentage_iI_pid_dp_uPure_c20211231__us-gaap--LongtermDebtTypeAxis__custom--NotePayable4Member_zpeNxjt03hGd" title="Debt instrument interest rate"><span class="xdx_phnt_RGlzY2xvc3VyZSAtIFN1bW1hcnkgb2YgQmFuayBMb2FucyBQYXlhYmxlIChEZXRhaWxzKSAoUGFyZW50aGV0aWNhbCkA" id="xdx_903_eus-gaap--DebtInstrumentInterestRateStatedPercentage_iI_pid_dp_uPure_c20201231__us-gaap--LongtermDebtTypeAxis__custom--NotePayable4Member_zdNO33QGPgpc">4.00</span></span>% variable with LIBOR at a <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFN1bW1hcnkgb2YgQmFuayBMb2FucyBQYXlhYmxlIChEZXRhaWxzKSAoUGFyZW50aGV0aWNhbCkA" id="xdx_90B_eus-gaap--DebtInstrumentInterestRateEffectivePercentage_iI_pid_dp_uPure_c20211231__us-gaap--LongtermDebtTypeAxis__custom--NotePayable4Member_zDT9LXMWNxy1" title="Debt instrument basis spread variable rate"><span class="xdx_phnt_RGlzY2xvc3VyZSAtIFN1bW1hcnkgb2YgQmFuayBMb2FucyBQYXlhYmxlIChEZXRhaWxzKSAoUGFyZW50aGV0aWNhbCkA" id="xdx_904_eus-gaap--DebtInstrumentInterestRateEffectivePercentage_iI_pid_dp_uPure_c20201231__us-gaap--LongtermDebtTypeAxis__custom--NotePayable4Member_zDoTr4GRkux7">1</span></span>% floor and a spread at <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFN1bW1hcnkgb2YgQmFuayBMb2FucyBQYXlhYmxlIChEZXRhaWxzKSAoUGFyZW50aGV0aWNhbCkA" id="xdx_90C_eus-gaap--DebtInstrumentBasisSpreadOnVariableRate1_pid_dp_uPure_c20210101__20211231__us-gaap--LongtermDebtTypeAxis__custom--NotePayable4Member_zTYurwKSRUb7" title="Debt instrument basis spread variable rate"><span class="xdx_phnt_RGlzY2xvc3VyZSAtIFN1bW1hcnkgb2YgQmFuayBMb2FucyBQYXlhYmxlIChEZXRhaWxzKSAoUGFyZW50aGV0aWNhbCkA" id="xdx_905_eus-gaap--DebtInstrumentBasisSpreadOnVariableRate1_pid_dp_uPure_c20200101__20201231__us-gaap--LongtermDebtTypeAxis__custom--NotePayable4Member_zaFyh6Y2F1va">3</span></span>% rate construction loan collateralized by real property with a book value of approximately $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFN1bW1hcnkgb2YgQmFuayBMb2FucyBQYXlhYmxlIChEZXRhaWxzKSAoUGFyZW50aGV0aWNhbCkA" id="xdx_907_eus-gaap--DebtInstrumentCarryingAmount_iI_c20211231__us-gaap--LongtermDebtTypeAxis__custom--NotePayable4Member_zQ6yR5I3zgO3"><span class="xdx_phnt_RGlzY2xvc3VyZSAtIFN1bW1hcnkgb2YgQmFuayBMb2FucyBQYXlhYmxlIChEZXRhaWxzKSAoUGFyZW50aGV0aWNhbCkA" id="xdx_90D_eus-gaap--DebtInstrumentCarryingAmount_iI_c20201231__us-gaap--LongtermDebtTypeAxis__custom--NotePayable4Member_zdGOXa4MrMTh">64,730,000</span></span>, due March 2024.</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98F_ecustom--BankLoansPayable_iI_pp0p0_c20211231__us-gaap--LongtermDebtTypeAxis__custom--NotePayable4Member_zhEe7ALfeJZ6" style="text-align: right" title="Total bank and other loans">34,547,181</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_986_ecustom--BankLoansPayable_iI_pp0p0_c20201231__us-gaap--LongtermDebtTypeAxis__custom--NotePayable4Member_zdBEqTO33Db4" style="text-align: right" title="Total bank and other loans"><span style="-sec-ix-hidden: xdx2ixbrl2426">-</span></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></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left"><span class="xdx_phnt_RGlzY2xvc3VyZSAtIFN1bW1hcnkgb2YgQmFuayBMb2FucyBQYXlhYmxlIChEZXRhaWxzKSAoUGFyZW50aGV0aWNhbCkA" id="xdx_90E_eus-gaap--DebtInstrumentBasisSpreadOnVariableRate1_pid_dp_uPure_c20210101__20211231__us-gaap--LongtermDebtTypeAxis__custom--NotePayable5Member_zeeNeBbxHxf5" title="Debt instrument basis spread variable rate"><span class="xdx_phnt_RGlzY2xvc3VyZSAtIFN1bW1hcnkgb2YgQmFuayBMb2FucyBQYXlhYmxlIChEZXRhaWxzKSAoUGFyZW50aGV0aWNhbCkA" id="xdx_905_eus-gaap--DebtInstrumentBasisSpreadOnVariableRate1_pid_dp_uPure_c20200101__20201231__us-gaap--LongtermDebtTypeAxis__custom--NotePayable5Member_z2HGBlpQTCu8">2.5</span></span>% above the monthly LIBOR rate plus 1/16th of the monthly LIBOR rate construction loan payable in monthly principal payments of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFN1bW1hcnkgb2YgQmFuayBMb2FucyBQYXlhYmxlIChEZXRhaWxzKSAoUGFyZW50aGV0aWNhbCkA" id="xdx_90F_eus-gaap--DebtInstrumentFaceAmount_iI_pp0p0_c20211231__us-gaap--LongtermDebtTypeAxis__custom--NotePayable5Member_zB1zP56t3XT" title="Debt instrument principal amount"><span class="xdx_phnt_RGlzY2xvc3VyZSAtIFN1bW1hcnkgb2YgQmFuayBMb2FucyBQYXlhYmxlIChEZXRhaWxzKSAoUGFyZW50aGV0aWNhbCkA" id="xdx_908_eus-gaap--DebtInstrumentFaceAmount_iI_pp0p0_c20201231__us-gaap--LongtermDebtTypeAxis__custom--NotePayable5Member_zXQBhRd6DJM2">113,000</span></span> plus interest, collateralized by real property with a book value of approximately $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFN1bW1hcnkgb2YgQmFuayBMb2FucyBQYXlhYmxlIChEZXRhaWxzKSAoUGFyZW50aGV0aWNhbCkA" id="xdx_902_eus-gaap--DebtInstrumentCarryingAmount_iI_c20211231__us-gaap--LongtermDebtTypeAxis__custom--NotePayable5Member_znIlSTQq4Chf"><span class="xdx_phnt_RGlzY2xvc3VyZSAtIFN1bW1hcnkgb2YgQmFuayBMb2FucyBQYXlhYmxlIChEZXRhaWxzKSAoUGFyZW50aGV0aWNhbCkA" id="xdx_904_eus-gaap--DebtInstrumentCarryingAmount_iI_c20201231__us-gaap--LongtermDebtTypeAxis__custom--NotePayable5Member_z7Zzs76YbPj6">49,118,000</span></span>, paid in full March 2021.</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98B_ecustom--BankLoansPayable_iI_pp0p0_c20211231__us-gaap--LongtermDebtTypeAxis__custom--NotePayable5Member_z5nTkwhl3B29" style="text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl2435">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_981_ecustom--BankLoansPayable_iI_pp0p0_c20201231__us-gaap--LongtermDebtTypeAxis__custom--NotePayable5Member_z41m9bo4D4Xh" style="text-align: right" title="Total bank and other loans">35,091,364</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></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left"><span class="xdx_phnt_RGlzY2xvc3VyZSAtIFN1bW1hcnkgb2YgQmFuayBMb2FucyBQYXlhYmxlIChEZXRhaWxzKSAoUGFyZW50aGV0aWNhbCkA" id="xdx_904_eus-gaap--DebtInstrumentInterestRateStatedPercentage_iI_c20211231__us-gaap--LongtermDebtTypeAxis__custom--NotePayable6Member_ztnZOvIu56N" title="Debt instrument interest rate"><span class="xdx_phnt_RGlzY2xvc3VyZSAtIFN1bW1hcnkgb2YgQmFuayBMb2FucyBQYXlhYmxlIChEZXRhaWxzKSAoUGFyZW50aGV0aWNhbCkA" id="xdx_906_eus-gaap--DebtInstrumentInterestRateStatedPercentage_iI_c20201231__us-gaap--LongtermDebtTypeAxis__custom--NotePayable6Member_z5UyQkJx4zhl">3.30</span></span>% fixed note payable in monthly installments of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFN1bW1hcnkgb2YgQmFuayBMb2FucyBQYXlhYmxlIChEZXRhaWxzKSAoUGFyZW50aGV0aWNhbCkA" id="xdx_90C_eus-gaap--DebtInstrumentFaceAmount_iI_pp0p0_c20211231__us-gaap--LongtermDebtTypeAxis__custom--NotePayable6Member_z4I9tqEevaR" title="Debt instrument principal amount"><span class="xdx_phnt_RGlzY2xvc3VyZSAtIFN1bW1hcnkgb2YgQmFuayBMb2FucyBQYXlhYmxlIChEZXRhaWxzKSAoUGFyZW50aGV0aWNhbCkA" id="xdx_900_eus-gaap--DebtInstrumentFaceAmount_iI_pp0p0_c20201231__us-gaap--LongtermDebtTypeAxis__custom--NotePayable6Member_zw6JinC4Ucoh">179,562</span></span> including principal and interest, collateralized by real property with a book value of approximately $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFN1bW1hcnkgb2YgQmFuayBMb2FucyBQYXlhYmxlIChEZXRhaWxzKSAoUGFyZW50aGV0aWNhbCkA" id="xdx_906_eus-gaap--DebtInstrumentCarryingAmount_iI_c20211231__us-gaap--LongtermDebtTypeAxis__custom--NotePayable6Member_zsTd3crJKoFb" title="Debt instrument, book value"><span class="xdx_phnt_RGlzY2xvc3VyZSAtIFN1bW1hcnkgb2YgQmFuayBMb2FucyBQYXlhYmxlIChEZXRhaWxzKSAoUGFyZW50aGV0aWNhbCkA" id="xdx_90F_eus-gaap--DebtInstrumentCarryingAmount_iI_c20201231__us-gaap--LongtermDebtTypeAxis__custom--NotePayable6Member_z18Ujw1dm12i">49,118,000</span></span>, due April 2051.</td><td> </td> <td style="text-align: left"> </td><td id="xdx_989_ecustom--BankLoansPayable_iI_pp0p0_c20211231__us-gaap--LongtermDebtTypeAxis__custom--NotePayable6Member_zKnfgtqWkTt9" style="text-align: right" title="Total bank and other loans">40,090,359</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98E_ecustom--BankLoansPayable_iI_pp0p0_c20201231__us-gaap--LongtermDebtTypeAxis__custom--NotePayable6Member_zfVkYIABUJii" style="text-align: right" title="Total bank and other loans"><span style="-sec-ix-hidden: xdx2ixbrl2450">-</span></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></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left"><span class="xdx_phnt_RGlzY2xvc3VyZSAtIFN1bW1hcnkgb2YgQmFuayBMb2FucyBQYXlhYmxlIChEZXRhaWxzKSAoUGFyZW50aGV0aWNhbCkA" id="xdx_90B_eus-gaap--DebtInstrumentInterestRateStatedPercentage_iI_c20211231__us-gaap--LongtermDebtTypeAxis__custom--NotePayable7Member_zuZCbwkSsgj4" title="Debt instrument interest rate"><span class="xdx_phnt_RGlzY2xvc3VyZSAtIFN1bW1hcnkgb2YgQmFuayBMb2FucyBQYXlhYmxlIChEZXRhaWxzKSAoUGFyZW50aGV0aWNhbCkA" id="xdx_900_eus-gaap--DebtInstrumentInterestRateStatedPercentage_iI_c20201231__us-gaap--LongtermDebtTypeAxis__custom--NotePayable7Member_ztaXxT0KCk21">4.7865</span></span>% fixed interest only note payable in monthly installments, collateralized by real property with a book value of approximately $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFN1bW1hcnkgb2YgQmFuayBMb2FucyBQYXlhYmxlIChEZXRhaWxzKSAoUGFyZW50aGV0aWNhbCkA" id="xdx_904_eus-gaap--DebtInstrumentCarryingAmount_iI_c20211231__us-gaap--LongtermDebtTypeAxis__custom--NotePayable7Member_zoIkhXCvMGzc"><span class="xdx_phnt_RGlzY2xvc3VyZSAtIFN1bW1hcnkgb2YgQmFuayBMb2FucyBQYXlhYmxlIChEZXRhaWxzKSAoUGFyZW50aGV0aWNhbCkA" id="xdx_90F_eus-gaap--DebtInstrumentCarryingAmount_iI_c20201231__us-gaap--LongtermDebtTypeAxis__custom--NotePayable7Member_zAfyy7dtK6ie">17,301,000</span></span>, due June 2028.</td><td> </td> <td style="text-align: left"> </td><td id="xdx_988_ecustom--BankLoansPayable_iI_pp0p0_c20211231__us-gaap--LongtermDebtTypeAxis__custom--NotePayable7Member_zx3sAN5SVW1f" style="text-align: right">9,200,000</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98F_ecustom--BankLoansPayable_iI_pp0p0_c20201231__us-gaap--LongtermDebtTypeAxis__custom--NotePayable7Member_zxaQmFJCuWqk" style="text-align: right" title="Total bank and other loans">9,200,000</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></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">1 month LIBOR rate plus <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFN1bW1hcnkgb2YgQmFuayBMb2FucyBQYXlhYmxlIChEZXRhaWxzKSAoUGFyZW50aGV0aWNhbCkA" id="xdx_909_eus-gaap--DebtInstrumentBasisSpreadOnVariableRate1_pid_dp_uPure_c20210101__20211231__us-gaap--LongtermDebtTypeAxis__custom--NotePayable8Member_zh50hqkgLWg5" title="Debt instrument basis spread variable rate"><span class="xdx_phnt_RGlzY2xvc3VyZSAtIFN1bW1hcnkgb2YgQmFuayBMb2FucyBQYXlhYmxlIChEZXRhaWxzKSAoUGFyZW50aGV0aWNhbCkA" id="xdx_908_eus-gaap--DebtInstrumentBasisSpreadOnVariableRate1_pid_dp_uPure_c20200101__20201231__us-gaap--LongtermDebtTypeAxis__custom--NotePayable8Member_zAVfkH4d8f5j">2.1</span></span>% loan purchase agreement with a warehouse line availability of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFN1bW1hcnkgb2YgQmFuayBMb2FucyBQYXlhYmxlIChEZXRhaWxzKSAoUGFyZW50aGV0aWNhbCkA" id="xdx_901_eus-gaap--DebtInstrumentFaceAmount_iI_pp0p0_c20211231__us-gaap--LongtermDebtTypeAxis__custom--NotePayable8Member_zIDj8hq5TG7a" title="Debt instrument principal amount"><span class="xdx_phnt_RGlzY2xvc3VyZSAtIFN1bW1hcnkgb2YgQmFuayBMb2FucyBQYXlhYmxlIChEZXRhaWxzKSAoUGFyZW50aGV0aWNhbCkA" id="xdx_905_eus-gaap--DebtInstrumentFaceAmount_iI_pp0p0_c20201231__us-gaap--LongtermDebtTypeAxis__custom--NotePayable8Member_zWHnEgkkBkhf">100,000,000</span></span>, matures June 2022.</td><td> </td> <td style="text-align: left"> </td><td id="xdx_985_ecustom--BankLoansPayable_iI_pp0p0_c20211231__us-gaap--LongtermDebtTypeAxis__custom--NotePayable8Member_zis0J7MF7Km9" style="text-align: right">66,305,025</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98D_ecustom--BankLoansPayable_iI_pp0p0_c20201231__us-gaap--LongtermDebtTypeAxis__custom--NotePayable8Member_zQ0J8idkFrt5" style="text-align: right" title="Total bank and other loans">116,598,834</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></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">1 month LIBOR rate plus <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFN1bW1hcnkgb2YgQmFuayBMb2FucyBQYXlhYmxlIChEZXRhaWxzKSAoUGFyZW50aGV0aWNhbCkA" id="xdx_90A_eus-gaap--DebtInstrumentBasisSpreadOnVariableRate1_pid_dp_uPure_c20210101__20211231__us-gaap--LongtermDebtTypeAxis__custom--NotePayable9Member_zMtO1PpwNxE6" title="Debt instrument basis spread variable rate"><span class="xdx_phnt_RGlzY2xvc3VyZSAtIFN1bW1hcnkgb2YgQmFuayBMb2FucyBQYXlhYmxlIChEZXRhaWxzKSAoUGFyZW50aGV0aWNhbCkA" id="xdx_906_eus-gaap--DebtInstrumentBasisSpreadOnVariableRate1_pid_dp_uPure_c20200101__20201231__us-gaap--LongtermDebtTypeAxis__custom--NotePayable9Member_z2HhNvHEZ2Da">2</span></span>% loan purchase agreement with a warehouse line availability of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFN1bW1hcnkgb2YgQmFuayBMb2FucyBQYXlhYmxlIChEZXRhaWxzKSAoUGFyZW50aGV0aWNhbCkA" id="xdx_901_eus-gaap--DebtInstrumentFaceAmount_iI_pp0p0_c20211231__us-gaap--LongtermDebtTypeAxis__custom--NotePayable9Member_zZkH32VlBH5k" title="Debt instrument principal amount"><span class="xdx_phnt_RGlzY2xvc3VyZSAtIFN1bW1hcnkgb2YgQmFuayBMb2FucyBQYXlhYmxlIChEZXRhaWxzKSAoUGFyZW50aGV0aWNhbCkA" id="xdx_906_eus-gaap--DebtInstrumentFaceAmount_iI_pp0p0_c20201231__us-gaap--LongtermDebtTypeAxis__custom--NotePayable9Member_zsY6H6xTUrHe">100,000,000</span></span>, matures August 2022.</td><td> </td> <td style="text-align: left"> </td><td id="xdx_986_ecustom--BankLoansPayable_iI_pp0p0_c20211231__us-gaap--LongtermDebtTypeAxis__custom--NotePayable9Member_zK0ODP5OaIR9" style="text-align: right">50,555,909</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98B_ecustom--BankLoansPayable_iI_pp0p0_c20201231__us-gaap--LongtermDebtTypeAxis__custom--NotePayable9Member_zPkto7HhaTgk" style="text-align: right" title="Total bank and other loans">68,766,572</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></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">1 month LIBOR rate plus <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFN1bW1hcnkgb2YgQmFuayBMb2FucyBQYXlhYmxlIChEZXRhaWxzKSAoUGFyZW50aGV0aWNhbCkA" id="xdx_903_eus-gaap--DebtInstrumentBasisSpreadOnVariableRate1_pid_dp_uPure_c20210101__20211231__us-gaap--LongtermDebtTypeAxis__custom--NotePayable10Member_z5cTGsKXyD8h" title="Debt instrument basis spread variable rate"><span class="xdx_phnt_RGlzY2xvc3VyZSAtIFN1bW1hcnkgb2YgQmFuayBMb2FucyBQYXlhYmxlIChEZXRhaWxzKSAoUGFyZW50aGV0aWNhbCkA" id="xdx_905_eus-gaap--DebtInstrumentBasisSpreadOnVariableRate1_pid_dp_uPure_c20200101__20201231__us-gaap--LongtermDebtTypeAxis__custom--NotePayable10Member_zzFWUZnzWRP9">2.15</span></span>% loan purchase agreement with a warehouse line availability of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFN1bW1hcnkgb2YgQmFuayBMb2FucyBQYXlhYmxlIChEZXRhaWxzKSAoUGFyZW50aGV0aWNhbCkA" id="xdx_908_eus-gaap--DebtInstrumentFaceAmount_iI_pp0p0_c20211231__us-gaap--LongtermDebtTypeAxis__custom--NotePayable10Member_zS7DQ9rpNELj" title="Debt instrument principal amount"><span class="xdx_phnt_RGlzY2xvc3VyZSAtIFN1bW1hcnkgb2YgQmFuayBMb2FucyBQYXlhYmxlIChEZXRhaWxzKSAoUGFyZW50aGV0aWNhbCkA" id="xdx_90C_eus-gaap--DebtInstrumentFaceAmount_iI_pp0p0_c20201231__us-gaap--LongtermDebtTypeAxis__custom--NotePayable10Member_zkzN8PRYKRc8">75,000,000</span></span>, matures May 2022.</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98A_ecustom--BankLoansPayable_iI_pp0p0_c20211231__us-gaap--LongtermDebtTypeAxis__custom--NotePayable10Member_zeKGPOIUp8l4" style="text-align: right">43,196,986</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98E_ecustom--BankLoansPayable_iI_pp0p0_c20201231__us-gaap--LongtermDebtTypeAxis__custom--NotePayable10Member_z4HDUh1W0NQi" style="text-align: right" title="Total bank and other loans">60,715,374</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></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">1 month LIBOR rate plus <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFN1bW1hcnkgb2YgQmFuayBMb2FucyBQYXlhYmxlIChEZXRhaWxzKSAoUGFyZW50aGV0aWNhbCkA" id="xdx_906_eus-gaap--DebtInstrumentBasisSpreadOnVariableRate1_pid_dp_uPure_c20210101__20211231__us-gaap--LongtermDebtTypeAxis__custom--NotePayable11Member_zRSOmKu1PZRc" title="Debt instrument basis spread variable rate"><span class="xdx_phnt_RGlzY2xvc3VyZSAtIFN1bW1hcnkgb2YgQmFuayBMb2FucyBQYXlhYmxlIChEZXRhaWxzKSAoUGFyZW50aGV0aWNhbCkA" id="xdx_909_eus-gaap--DebtInstrumentBasisSpreadOnVariableRate1_pid_dp_uPure_c20200101__20201231__us-gaap--LongtermDebtTypeAxis__custom--NotePayable11Member_zZ8E50ecxGv4">2.0</span></span>% loan purchase agreement with a warehouse line availability of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFN1bW1hcnkgb2YgQmFuayBMb2FucyBQYXlhYmxlIChEZXRhaWxzKSAoUGFyZW50aGV0aWNhbCkA" id="xdx_909_eus-gaap--DebtInstrumentFaceAmount_iI_pp0p0_c20211231__us-gaap--LongtermDebtTypeAxis__custom--NotePayable11Member_zSw66JGsprt6" title="Debt instrument principal amount"><span class="xdx_phnt_RGlzY2xvc3VyZSAtIFN1bW1hcnkgb2YgQmFuayBMb2FucyBQYXlhYmxlIChEZXRhaWxzKSAoUGFyZW50aGV0aWNhbCkA" id="xdx_90A_eus-gaap--DebtInstrumentFaceAmount_iI_pp0p0_c20201231__us-gaap--LongtermDebtTypeAxis__custom--NotePayable11Member_zWrtgATavgN4">100,000,000</span></span>, matures June 2022.</td><td> </td> <td style="text-align: left"> </td><td id="xdx_986_ecustom--BankLoansPayable_iI_pp0p0_c20211231__us-gaap--LongtermDebtTypeAxis__custom--NotePayable11Member_zVThdL9YC8bh" style="text-align: right" title="Total bank and other loans">1,764,386</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_988_ecustom--BankLoansPayable_iI_pp0p0_c20201231__us-gaap--LongtermDebtTypeAxis__custom--NotePayable11Member_zFqj9aUiYSWj" style="text-align: right" title="Total bank and other loans"><span style="-sec-ix-hidden: xdx2ixbrl2495">-</span></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></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">1 month LIBOR rate plus <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFN1bW1hcnkgb2YgQmFuayBMb2FucyBQYXlhYmxlIChEZXRhaWxzKSAoUGFyZW50aGV0aWNhbCkA" id="xdx_900_eus-gaap--DebtInstrumentBasisSpreadOnVariableRate1_pid_dp_uPure_c20210101__20211231__us-gaap--LongtermDebtTypeAxis__custom--NotePayable12Member_zc78YRmh2J3b" title="Debt instrument basis spread variable rate"><span class="xdx_phnt_RGlzY2xvc3VyZSAtIFN1bW1hcnkgb2YgQmFuayBMb2FucyBQYXlhYmxlIChEZXRhaWxzKSAoUGFyZW50aGV0aWNhbCkA" id="xdx_90F_eus-gaap--DebtInstrumentBasisSpreadOnVariableRate1_pid_dp_uPure_c20200101__20201231__us-gaap--LongtermDebtTypeAxis__custom--NotePayable12Member_zI48oX851Ip1">2.5</span></span>% loan purchase agreement with a warehouse line availability of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFN1bW1hcnkgb2YgQmFuayBMb2FucyBQYXlhYmxlIChEZXRhaWxzKSAoUGFyZW50aGV0aWNhbCkA" id="xdx_90E_eus-gaap--DebtInstrumentFaceAmount_iI_pp0p0_c20211231__us-gaap--LongtermDebtTypeAxis__custom--NotePayable12Member_zvBn2mfSZmld" title="Debt instrument principal amount"><span class="xdx_phnt_RGlzY2xvc3VyZSAtIFN1bW1hcnkgb2YgQmFuayBMb2FucyBQYXlhYmxlIChEZXRhaWxzKSAoUGFyZW50aGV0aWNhbCkA" id="xdx_908_eus-gaap--DebtInstrumentFaceAmount_iI_pp0p0_c20201231__us-gaap--LongtermDebtTypeAxis__custom--NotePayable12Member_z1zTc0ZljrEj">5,000,000</span></span>, matured August 2021.</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98C_ecustom--BankLoansPayable_iI_pp0p0_c20211231__us-gaap--LongtermDebtTypeAxis__custom--NotePayable12Member_zW7afcsN3jd9" style="text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl2502">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_988_ecustom--BankLoansPayable_iI_pp0p0_c20201231__us-gaap--LongtermDebtTypeAxis__custom--NotePayable12Member_zraYHOhaqCb4" style="text-align: right" title="Total bank and other loans">317,582</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></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td id="xdx_F43_zRFXMzCSzKTg" style="text-align: left">Other short-term borrowings (1)</td><td> </td> <td style="text-align: left"> </td><td id="xdx_981_ecustom--BankLoansPayable_iI_pp0p0_c20211231__us-gaap--LongtermDebtTypeAxis__custom--OtherShortTermBorrowingsMember_fKDEp_za3tHGRJ6c6" style="text-align: right">1,250,000</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_983_ecustom--BankLoansPayable_iI_pp0p0_c20201231__us-gaap--LongtermDebtTypeAxis__custom--OtherShortTermBorrowingsMember_fKDEp_zHnIZ6yBe5kk" style="text-align: right" title="Total bank and other loans">1,250,000</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></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Finance lease liabilities</td><td> </td> <td style="text-align: left"> </td><td id="xdx_982_eus-gaap--FinanceLeaseLiability_iI_pp0p0_c20211231_z7QhfQoFchy1" style="text-align: right" title="Finance lease liabilities">62,767</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_982_eus-gaap--FinanceLeaseLiability_iI_pp0p0_c20201231_zDn5nvmN3HT9" style="text-align: right" title="Finance lease liabilities">104,951</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></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 1pt">Other loans payable</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_985_ecustom--BankLoansPayable_iI_pp0p0_c20211231__us-gaap--LongtermDebtTypeAxis__custom--OtherLoansPayableMember_zCYvF6YWGSv4" style="border-bottom: Black 1pt solid; text-align: right" title="Total bank and other loans">6,828</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_ecustom--BankLoansPayable_c20201231__us-gaap--LongtermDebtTypeAxis__custom--OtherLoansPayableMember_pp0p0" style="border-bottom: Black 1pt solid; text-align: right" title="Total bank and other loans">26,768</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-left: 10pt; text-align: left">Total bank and other loans</td><td> </td> <td style="text-align: left"> </td><td id="xdx_980_ecustom--BankLoansPayable_iI_pp0p0_c20211231_zeH3dZH73YF3" style="text-align: right" title="Total bank and other loans">251,286,927</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_981_ecustom--BankLoansPayable_c20201231_pp0p0" style="text-align: right" title="Total bank and other loans">297,824,368</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: left; padding-bottom: 1pt">Less current installments</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98A_ecustom--CurrentInstallment_iI_pp0p0_c20211231_zsgJaQN5EXF8" style="border-bottom: Black 1pt solid; text-align: right" title="Current Installment">164,747,672</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_ecustom--CurrentInstallment_c20201231_pp0p0" style="border-bottom: Black 1pt solid; text-align: right" title="Current Installment">284,250,996</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; padding-bottom: 2.5pt">Bank and other loans, excluding current installments</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_986_ecustom--BankAndOtherLoansExcludingCurrentInstallments_iI_pp0p0_c20211231_zJlotfLPCBTf" style="border-bottom: Black 2.5pt double; text-align: right" title="Bank and other loans, excluding current installments">86,539,255</td><td style="padding-bottom: 2.5pt; 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--BankAndOtherLoansExcludingCurrentInstallments_c20201231_pp0p0" style="border-bottom: Black 2.5pt double; text-align: right" title="Bank and other loans, excluding current installments">13,573,372</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> <p id="xdx_8AD_zbUMGjbaJS5l" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0pt; margin-bottom: 0pt"/> <div style="width: 15%"><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: justify; width: 0.15pc"><span id="xdx_F05_zJb47TZwe9Rg" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(1)</span></td> <td style="text-align: justify"><span id="xdx_F12_zqKD1Sz4fima" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Revolving Line of Credit</span></td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b> </b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">SECURITY NATIONAL FINANCIAL CORPORATION</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">AND SUBSIDIARIES</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Notes to Consolidated Financial Statements</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Years Ended December 31, 2021 and 2020</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">7) <span style="text-decoration: underline">Bank and Other Loans Payable</span> (Continued)</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0pt; margin-bottom: 0pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Sources of Liquidity</b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0pt; margin-bottom: 0pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0pt; margin-bottom: 0pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="text-decoration: underline">Federal Home Loan Bank Membership</span></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Federal Home Loan Banks (“the FHLBs”) are a group of cooperatives that lending institutions use to finance housing and economic development in local communities. The Company is a member of the FHLB based in Des Moines, Iowa and based in Dallas, Texas. As a member of the FHLB, the Company is required to maintain a minimum investment in capital stock of the FHLB and may pledge collateral to the bank for advances of funds to be used in its operations.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><i>Federal Home Loan Bank of Des Moines</i></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">At December 31, 2021, the amount available for borrowings from the FHLB of Des Moines was approximately $<span id="xdx_90B_eus-gaap--LineOfCreditFacilityMaximumBorrowingCapacity_iI_pp0p0_c20211231__us-gaap--LineOfCreditFacilityAxis__custom--FHLBMember_z2Er4F91ZSV6" title="Line of Credit Facility, Maximum Borrowing Capacity">19,259,722</span>, compared with $<span id="xdx_90D_eus-gaap--LineOfCreditFacilityMaximumBorrowingCapacity_iI_pp0p0_c20201231__us-gaap--LineOfCreditFacilityAxis__custom--FHLBMember_zVmFbeb1kd5" title="Line of Credit Facility, Maximum Borrowing Capacity">39,102,336</span> at December 31, 2020. United States Treasury fixed maturity securities with an estimated fair value of $<span id="xdx_903_ecustom--MortagePropertyFairValue_c20211231__us-gaap--LineOfCreditFacilityAxis__custom--FHLBMember_pp0p0" title="Mortage property, fair value">20,244,900</span> at December 31, 2021 have been pledged at the FHLB of Des Moines as collateral for current and potential borrowings compared with $<span id="xdx_905_ecustom--MortagePropertyFairValue_iI_pp0p0_c20201231__us-gaap--LineOfCreditFacilityAxis__custom--FHLBMember_zJrqVQ8pXvc9" title="Mortage property, fair value">40,729,400</span> at December 31, 2020. At December 31, 2021 and 2020, the Company had <span id="xdx_903_eus-gaap--LineOfCredit_iI_pp0p0_do_c20211231__us-gaap--LineOfCreditFacilityAxis__custom--FHLBMember_zkQeRtJqdpw2" title="Line of credit"><span id="xdx_90F_eus-gaap--LineOfCredit_iI_pp0p0_do_c20201231__us-gaap--LineOfCreditFacilityAxis__custom--FHLBMember_zfvi1i02eAMh">no</span></span> outstanding FHLB borrowings. At December 31, 2021, the Company’s total investment in FHLB stock was $<span id="xdx_908_eus-gaap--Investments_c20211231__us-gaap--LineOfCreditFacilityAxis__custom--FHLBMember_pp0p0" title="Investment">826,800</span> compared with $<span id="xdx_904_eus-gaap--Investments_iI_pp0p0_c20201231__us-gaap--LineOfCreditFacilityAxis__custom--FHLBMember_z3tJU7RaYeQb" title="Investment">786,300</span> at December 31, 2020. The Company’s increased investment in FHLB stock was a result of its increase in short-term FHLB borrowings during 2021. At December 31, 2021, the Company was contingently liable under a standby letter of credit aggregating $<span id="xdx_901_ecustom--MortagePropertyFairValue_iI_pp0p0_c20211231__us-gaap--LineOfCreditFacilityAxis__custom--FHLBMember__srt--RangeAxis__srt--MinimumMember_zoj5ovFLtLG6">443,758</span>, to be used as collateral to cover any contingency related to additional risk assessments pertaining to the Company’s captive insurance program.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><i>Federal Home Loan Bank of Dallas</i></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">At December 31, 2021, the amount available for borrowings from the FHLB of Dallas was approximately $<span id="xdx_907_eus-gaap--LineOfCreditFacilityMaximumBorrowingCapacity_iI_pp0p0_c20211231__us-gaap--LineOfCreditFacilityAxis__custom--FHLBMember__us-gaap--BusinessAcquisitionAxis__custom--KilpatrickLifeInsuranceCompanyMember_zO6TQ4NXGSEl" title="Line of Credit Facility, Maximum Borrowing Capacity">7,794,625</span>, compared with $-<span id="xdx_904_eus-gaap--LineOfCreditFacilityMaximumBorrowingCapacity_iI_pp0p0_c20201231__us-gaap--LineOfCreditFacilityAxis__custom--FHLBMember__us-gaap--BusinessAcquisitionAxis__custom--KilpatrickLifeInsuranceCompanyMember_zyKfY4XZSfbf" title="Line of credit facility, maximum borrowing capacity">0</span>- at December 31, 2020. Mortgage-Backed fixed maturity securities with an estimated fair value of $<span id="xdx_902_ecustom--MortagePropertyFairValue_iI_pp0p0_c20211231__us-gaap--LineOfCreditFacilityAxis__custom--FHLBMember__us-gaap--BusinessAcquisitionAxis__custom--KilpatrickLifeInsuranceCompanyMember_zqot2A7AegPb" title="Mortage property, fair value">8,774,352</span> at December 31, 2021 have been pledged at the FHLB of Dallas as collateral for current and potential borrowings compared with $-<span id="xdx_90E_ecustom--MortagePropertyFairValue_iI_pp0p0_c20201231__us-gaap--LineOfCreditFacilityAxis__custom--FHLBMember__us-gaap--BusinessAcquisitionAxis__custom--KilpatrickLifeInsuranceCompanyMember_z7oiKXwXQR0g" title="Mortage property, fair value">0</span>- at December 31, 2020. At December 31, 2021 and 2020, the Company had <span id="xdx_909_eus-gaap--LineOfCredit_iI_pp0p0_do_c20211231__us-gaap--LineOfCreditFacilityAxis__custom--FHLBMember__us-gaap--BusinessAcquisitionAxis__custom--KilpatrickLifeInsuranceCompanyMember_ziVRhFTcCy95"><span id="xdx_90E_eus-gaap--LineOfCredit_iI_pp0p0_do_c20201231__us-gaap--LineOfCreditFacilityAxis__custom--FHLBMember__us-gaap--BusinessAcquisitionAxis__custom--KilpatrickLifeInsuranceCompanyMember_zBBbkkbfyzy6" title="Line of credit">no</span></span> outstanding FHLB borrowings. At December 31, 2021, the Company’s total investment in FHLB stock was $<span id="xdx_906_eus-gaap--Investments_iI_pp0p0_c20211231__us-gaap--BusinessAcquisitionAxis__custom--KilpatrickLifeInsuranceCompanyMember_z7L3Iyx939g9" title="Investment">1,720,300</span> compared with $<span id="xdx_904_eus-gaap--Investments_iI_pp0p0_c20201231__us-gaap--BusinessAcquisitionAxis__custom--KilpatrickLifeInsuranceCompanyMember_zvOSM3g3akTa" title="Investment">1,720,300</span> at December 31, 2020.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="text-decoration: underline">Revolving Lines of Credit</span></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Company has a $<span id="xdx_90A_eus-gaap--LineOfCreditFacilityMaximumBorrowingCapacity_iI_pp0p0_c20211231__us-gaap--LineOfCreditFacilityAxis__custom--BankMember_zre1evdkVHT1" title="Line of Credit Facility, Maximum Borrowing Capacity">2,000,000</span> revolving line-of-credit with a bank with interest payable at the prime rate minus .75%, secured by the capital stock of Security National Life and maturing <span id="xdx_907_eus-gaap--LineOfCreditFacilityExpirationDate1_dd_c20210101__20211231__us-gaap--LineOfCreditFacilityAxis__custom--BankMember_zhp4g5HsP78a" title="Maturity">December 31, 2022</span>, renewable annually. At December 31, 2021, the Company was contingently liable under standby letters of credit aggregating $<span id="xdx_90C_ecustom--MortagePropertyFairValue_iI_pp0p0_c20211231__us-gaap--LineOfCreditFacilityAxis__custom--BankMember_z27kbuozkel5" title="Mortage property, fair value">941,711</span>, to be used as collateral for residential subdivision land developments. The standby letters of credit will draw on the line of credit if necessary. The Company does not expect any material losses to result from the issuance of the standby letters of credit. As of December 31, 2021, there were <span id="xdx_909_eus-gaap--LineOfCredit_iI_pp0p0_do_c20211231__us-gaap--LineOfCreditFacilityAxis__custom--BankMember_zNhpVkNkbqIb" title="Line of credit">no</span> amounts outstanding under the revolving line-of-credit.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Company also has a $<span id="xdx_904_eus-gaap--LineOfCreditFacilityMaximumBorrowingCapacity_c20211231__us-gaap--LineOfCreditFacilityAxis__custom--Bank1Member_pp0p0" title="Line of Credit Facility, Maximum Borrowing Capacity">2,500,000</span> revolving line-of-credit with a bank with interest payable at the overnight LIBOR rate plus <span id="xdx_902_eus-gaap--DebtInstrumentBasisSpreadOnVariableRate1_pid_dp_uPure_c20210101__20211231__us-gaap--LineOfCreditFacilityAxis__custom--Bank1Member_zBWLogpvDjR3" title="Debt instrument basis spread variable rate">2.25</span>% maturing <span id="xdx_90A_eus-gaap--LineOfCreditFacilityExpirationDate1_dd_c20210101__20211231__us-gaap--LineOfCreditFacilityAxis__custom--Bank1Member_zdgcU55HXA6i" title="Maturity">December 31, 2022</span>. As of December 31, 2021, there was $<span id="xdx_90D_eus-gaap--LineOfCredit_iI_pp0p0_c20211231__us-gaap--LineOfCreditFacilityAxis__custom--Bank1Member_zYVFYtn2muW9" title="Line of credit">1,250,000</span> outstanding under the revolving line-of-credit.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0pt; margin-bottom: 0pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="text-decoration: underline">Debt Covenants for Mortgage Warehouse Lines of Credit</span></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span id="xdx_90C_eus-gaap--LineOfCreditFacilityDescription_c20210101__20211231__us-gaap--DebtInstrumentAxis__custom--MortgageWarehouseLineOfCredit1Member" title="Line of Credit Facility, Description">The Company, through its subsidiary SecurityNational Mortgage, has a $<span id="xdx_903_eus-gaap--LineOfCredit_iI_c20211231__us-gaap--DebtInstrumentAxis__custom--MortgageWarehouseLineOfCredit1Member_zHREUNIqMq8l" title="Line of credit">100,000,000</span> line of credit with Wells Fargo Bank N.A. The agreement charges interest at the 1-Month LIBOR rate plus <span id="xdx_909_eus-gaap--DebtInstrumentBasisSpreadOnVariableRate1_c20210101__20211231__us-gaap--DebtInstrumentAxis__custom--MortgageWarehouseLineOfCredit1Member_zFeZtRfQ4Wu1" title="Debt instrument basis spread variable rate">2.1</span>% and matures on <span id="xdx_90A_eus-gaap--LineOfCreditFacilityExpirationDate1_dd_c20210101__20211231__us-gaap--DebtInstrumentAxis__custom--MortgageWarehouseLineOfCredit1Member_z5LPBXcJdEJ6">June 9, 2022</span>. 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 $<span id="xdx_900_eus-gaap--RatioOfIndebtednessToNetCapital1_iI_pid_dp_uPure_c20211231__us-gaap--DebtInstrumentAxis__custom--MortgageWarehouseLineOfCredit1Member_zbH7hP0yKYhc" title="Line of credit, indebtedness">1.00</span>.</span></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">SECURITY NATIONAL FINANCIAL CORPORATION</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">AND SUBSIDIARIES</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Notes to Consolidated Financial Statements</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Years Ended December 31, 2021 and 2020</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">7) <span style="text-decoration: underline">Bank and Other Loans Payable</span> (Continued)</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">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_90A_eus-gaap--LineOfCreditFacilityMaximumBorrowingCapacity_iI_c20211231__us-gaap--LineOfCreditFacilityAxis__custom--Bank1Member__us-gaap--DebtInstrumentAxis__custom--MortgageWarehouseLineOfCreditTwoMember__srt--RangeAxis__srt--MaximumMember_z9EVeapDiuil" title="Line of credit, maximum borrowing">100,000,000</span> for the sole purpose of funding mortgage loans. The agreement charges interest at the 1-Month LIBOR rate plus <span id="xdx_90B_eus-gaap--DebtInstrumentBasisSpreadOnVariableRate1_c20210101__20211231__us-gaap--DebtInstrumentAxis__custom--MortgageWarehouseLineOfCreditTwoMember_zy8blX0oZ5q1">2</span>% and matures on <span id="xdx_909_eus-gaap--LineOfCreditFacilityExpirationDate1_dd_c20210101__20211231__us-gaap--DebtInstrumentAxis__custom--MortgageWarehouseLineOfCreditTwoMember_zlpiGtO7ggz2">August 9, 2022</span>. 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 $<span id="xdx_905_eus-gaap--RatioOfIndebtednessToNetCapital1_iI_pid_dp_uPure_c20211231__us-gaap--DebtInstrumentAxis__custom--MortgageWarehouseLineOfCreditTwoMember_zx0XLKI4FAQ1">1.00</span> on a rolling four-quarter basis.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">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_908_eus-gaap--LineOfCreditFacilityMaximumBorrowingCapacity_iI_dd_c20211231__us-gaap--DebtInstrumentAxis__custom--MortgageWarehouseLineOfCreditThreeMember__srt--RangeAxis__srt--MaximumMember_z5xeKUG2brBi">75,000,000</span> for the sole purpose of funding mortgage loans. The agreement charges interest at the 1-Month LIBOR rate plus <span id="xdx_90E_eus-gaap--DebtInstrumentBasisSpreadOnVariableRate1_c20210101__20211231__us-gaap--DebtInstrumentAxis__custom--MortgageWarehouseLineOfCreditThreeMember_zOU2FLneqy1d">2.15</span>% and matures on <span id="xdx_900_eus-gaap--LineOfCreditFacilityExpirationDate1_dd_c20210101__20211231__us-gaap--DebtInstrumentAxis__custom--MortgageWarehouseLineOfCreditThreeMember_zVKlpocR5jza">May 27, 2022</span>. 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 $<span id="xdx_903_eus-gaap--RatioOfIndebtednessToNetCapital1_iI_pid_dp_uPure_c20211231__us-gaap--DebtInstrumentAxis__custom--MortgageWarehouseLineOfCreditThreeMember_zNhIgd3pmNE3">1.00</span> on a rolling twelve months.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">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_90B_eus-gaap--LineOfCreditFacilityMaximumBorrowingCapacity_iI_c20211231__us-gaap--DebtInstrumentAxis__custom--MortgageWarehouseLineOfCreditFourMember__srt--RangeAxis__srt--MaximumMember_zkBm0RtXRp4e" title="Line of credit, maximum borrowing">100,000,000</span> for the sole purpose of funding mortgage loans. The agreement charges interest at the 1-Month LIBOR rate plus <span id="xdx_90F_eus-gaap--DebtInstrumentBasisSpreadOnVariableRate1_c20210101__20211231__us-gaap--DebtInstrumentAxis__custom--MortgageWarehouseLineOfCreditFourMember_zzakPo1xGU2f">2.0</span>% and matures on <span id="xdx_90D_eus-gaap--LineOfCreditFacilityExpirationDate1_dd_c20210101__20211231__us-gaap--DebtInstrumentAxis__custom--MortgageWarehouseLineOfCreditFourMember_zpxuWbpA3slf" title="Maturity date">June 4, 2022</span>. 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 $<span id="xdx_907_eus-gaap--RatioOfIndebtednessToNetCapital1_iI_pid_dp_uPure_c20211231__us-gaap--DebtInstrumentAxis__custom--MortgageWarehouseLineOfCreditFourMember_z8iMgDyzHXik" title="Line of credit, indebtedness">1.00</span> on a rolling twelve months.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">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 December 31, 2021, the Company was in compliance with all debt covenants.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p id="xdx_895_ecustom--ScheduleOfCombinedMaturitiesOfBankLoansPayableLinesOfCreditAndNotesAndContractsPayableTextBlock_z3W66MYcmAmi" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The following tabulation shows the combined maturities of bank and other loans payable:</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> <span id="xdx_8B6_zQiF98vqhMo2" style="display: none">Schedule of Combined Maturities of Bank Loans Payable, Lines of Credit and Notes and Contracts Payable</span></span></p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 40%"> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 78%; text-align: justify">2022</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 18%; text-align: right"><span id="xdx_909_ecustom--BankLoansPayableLinesOfCreditAndNotesAndContractsPayable_iI_pp0p0_c20211231__us-gaap--LeaseContractualTermAxis__custom--DueInYearOneMember_zMs3MSKYzOh2" title="Bank loans payable, lines of credit and notes and contracts payable">164,747,672</span></td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: justify">2023</td><td> </td> <td style="text-align: left"> </td><td id="xdx_988_ecustom--BankLoansPayableLinesOfCreditAndNotesAndContractsPayable_iI_pp0p0_c20211231__us-gaap--LeaseContractualTermAxis__custom--DueInYearTwoMember_zviZcCrESMwe" style="text-align: right" title="Bank loans payable, lines of credit and notes and contracts payable">1,745,541</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: justify">2024</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98C_ecustom--BankLoansPayableLinesOfCreditAndNotesAndContractsPayable_iI_pp0p0_c20211231__us-gaap--LeaseContractualTermAxis__custom--DueInYearThreeMember_zf0kuSuwE9q6" style="text-align: right" title="Bank loans payable, lines of credit and notes and contracts payable">36,333,278</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: justify">2025</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98B_ecustom--BankLoansPayableLinesOfCreditAndNotesAndContractsPayable_iI_pp0p0_c20211231__us-gaap--LeaseContractualTermAxis__custom--DueInYearFourMember_zMFp4etLrfOl" style="text-align: right" title="Bank loans payable, lines of credit and notes and contracts payable">2,512,683</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: justify">2026</td><td> </td> <td style="text-align: left"> </td><td id="xdx_985_ecustom--BankLoansPayableLinesOfCreditAndNotesAndContractsPayable_iI_pp0p0_c20211231__us-gaap--LeaseContractualTermAxis__custom--DueInYearFiveMember_zveAALeqzrIi" style="text-align: right" title="Bank loans payable, lines of credit and notes and contracts payable">735,981</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: justify; padding-bottom: 1pt">Thereafter</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98F_ecustom--BankLoansPayableLinesOfCreditAndNotesAndContractsPayable_iI_pp0p0_c20211231__us-gaap--LeaseContractualTermAxis__custom--DueInThereafterMember_zQNG8Nfv3cy6" style="border-bottom: Black 1pt solid; text-align: right" title="Bank loans payable, lines of credit and notes and contracts payable">45,211,772</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: justify; 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_983_ecustom--BankLoansPayableLinesOfCreditAndNotesAndContractsPayable_c20211231_pp0p0" style="border-bottom: Black 2.5pt double; text-align: right" title="Bank loans payable, lines of credit and notes and contracts payable">251,286,927</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> <p id="xdx_8A4_zICDU1Gx6SG3" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Interest expense in 2021 and 2020 was $<span id="xdx_90C_eus-gaap--InterestExpense_pp0p0_c20210101__20211231_z2jE0UNJ3ACl" title="Interest expense">7,127,516</span> and $<span id="xdx_907_eus-gaap--InterestExpense_pp0p0_c20200101__20201231_zT6EUqzI57He" title="Interest expense">8,578,810</span>, respectively. Interest paid in 2021 and 2020 was $<span id="xdx_908_eus-gaap--InterestPaid_pp0p0_c20210101__20211231_zVSC0mHubBCb" title="Interest Paid, Including Capitalized Interest, Operating and Investing Activities">7,290,867</span> and $<span id="xdx_903_eus-gaap--InterestPaid_pp0p0_c20200101__20201231_zGAkRLFbRzP7" title="Interest Paid, Including Capitalized Interest, Operating and Investing Activities">8,385,270</span>, respectively.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">SECURITY NATIONAL FINANCIAL CORPORATION</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">AND SUBSIDIARIES</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Notes to Consolidated Financial Statements</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Years Ended December 31, 2021 and 2020</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p id="xdx_893_ecustom--SummaryOfBankLoansPayableTextBlock_z3xeAgAr3uxj" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Bank and other loans payable are summarized as follows:</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> <span id="xdx_8B0_z9akClHwqKx6" style="display: none">Summary of Bank Loans Payable</span></span></p> <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="6" style="border-bottom: Black 1pt solid; text-align: center">December 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">2021</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">2020</td><td style="padding-bottom: 1pt"> </td></tr> <tr style="display: none; vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="display: none; text-align: left"/><td style="display: none"> </td> <td style="display: none; text-align: left"> </td><td id="xdx_980_ecustom--BankLoansPayable_iI_pp0p0_c20211231__us-gaap--LongtermDebtTypeAxis__custom--NotePayable1Member_zl5JsnANK6Pi" style="display: none; text-align: right" title="Total bank and other loans"><span style="-sec-ix-hidden: xdx2ixbrl2380">-</span></td><td style="display: none; text-align: left"> </td><td style="display: none"> </td> <td style="display: none; text-align: left"> </td><td id="xdx_988_ecustom--BankLoansPayable_iI_pp0p0_c20201231__us-gaap--LongtermDebtTypeAxis__custom--NotePayable1Member_zJffTMrJiMNd" style="display: none; text-align: right" title="Total bank and other loans">633,890</td><td style="display: none; text-align: left"> </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"> </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"> </td><td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 64%; text-align: left"><span class="xdx_phnt_RGlzY2xvc3VyZSAtIFN1bW1hcnkgb2YgQmFuayBMb2FucyBQYXlhYmxlIChEZXRhaWxzKSAoUGFyZW50aGV0aWNhbCkA" id="xdx_908_eus-gaap--DebtInstrumentInterestRateStatedPercentage_iI_pip0_dp_uPure_c20211231__us-gaap--LongtermDebtTypeAxis__custom--NotePayable1Member_z0OnqBb8T40f" title="Debt instrument interest rate"><span class="xdx_phnt_RGlzY2xvc3VyZSAtIFN1bW1hcnkgb2YgQmFuayBMb2FucyBQYXlhYmxlIChEZXRhaWxzKSAoUGFyZW50aGV0aWNhbCkA" id="xdx_904_eus-gaap--DebtInstrumentInterestRateStatedPercentage_iI_pip0_dp_uPure_c20201231__us-gaap--LongtermDebtTypeAxis__custom--NotePayable1Member_zDPQLnGcdBq1">4.27</span></span>% fixed note payable in monthly installments of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFN1bW1hcnkgb2YgQmFuayBMb2FucyBQYXlhYmxlIChEZXRhaWxzKSAoUGFyZW50aGV0aWNhbCkA" id="xdx_90E_eus-gaap--DebtInstrumentFaceAmount_iI_pp0p0_c20211231__us-gaap--LongtermDebtTypeAxis__custom--NotePayable1Member_z7ixiFxcnEH2" title="Debt instrument principal amount"><span class="xdx_phnt_RGlzY2xvc3VyZSAtIFN1bW1hcnkgb2YgQmFuayBMb2FucyBQYXlhYmxlIChEZXRhaWxzKSAoUGFyZW50aGV0aWNhbCkA" id="xdx_909_eus-gaap--DebtInstrumentFaceAmount_iI_pp0p0_c20201231__us-gaap--LongtermDebtTypeAxis__custom--NotePayable1Member_z9eQdaFK7az6">53,881</span></span> including principal and interest, collateralized by shares of Security National Life Insurance Company stock, paid in full December 2021.</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td id="xdx_98E_ecustom--BankLoansPayable_iI_pp0p0_c20211231__us-gaap--LongtermDebtTypeAxis__custom--NotePayable1Member_zhF8wsQWoWqi" style="width: 14%; text-align: right" title="Total bank and other loans"><span style="-sec-ix-hidden: xdx2ixbrl2390">-</span></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_ecustom--BankLoansPayable_iI_pp0p0_c20201231__us-gaap--LongtermDebtTypeAxis__custom--NotePayable1Member_zGmQ9YdxUs38" style="width: 14%; text-align: right" title="Total bank and other loans">633,890</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 style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Prime rate note payable in monthly installments of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFN1bW1hcnkgb2YgQmFuayBMb2FucyBQYXlhYmxlIChEZXRhaWxzKSAoUGFyZW50aGV0aWNhbCkA" id="xdx_908_eus-gaap--DebtInstrumentFaceAmount_iI_pp0p0_c20211231__us-gaap--LongtermDebtTypeAxis__custom--NotePayable2Member_ztOtkcWpUR8h" title="Debt instrument principal amount"><span class="xdx_phnt_RGlzY2xvc3VyZSAtIFN1bW1hcnkgb2YgQmFuayBMb2FucyBQYXlhYmxlIChEZXRhaWxzKSAoUGFyZW50aGV0aWNhbCkA" id="xdx_90E_eus-gaap--DebtInstrumentFaceAmount_iI_pp0p0_c20201231__us-gaap--LongtermDebtTypeAxis__custom--NotePayable2Member_zW2lACisnBE6">75,108</span></span> including principal and interest, collateralized by shares of Security National Life Insurance Company stock, due December 2024.</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98E_ecustom--BankLoansPayable_iI_pp0p0_c20211231__us-gaap--LongtermDebtTypeAxis__custom--NotePayable2Member_zNu0NgmlsiP5" style="text-align: right" title="Total bank and other loans">2,481,878</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_985_ecustom--BankLoansPayable_iI_pp0p0_c20201231__us-gaap--LongtermDebtTypeAxis__custom--NotePayable2Member_z6pSEiSjonBk" style="text-align: right" title="Total bank and other loans">3,257,113</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></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left"><span class="xdx_phnt_RGlzY2xvc3VyZSAtIFN1bW1hcnkgb2YgQmFuayBMb2FucyBQYXlhYmxlIChEZXRhaWxzKSAoUGFyZW50aGV0aWNhbCkA" id="xdx_90E_eus-gaap--DebtInstrumentInterestRateStatedPercentage_iI_pid_dp_uPure_c20211231__us-gaap--LongtermDebtTypeAxis__custom--NotePayable3Member_zUaPYOX9Utsc" title="Debt instrument interest rate"><span class="xdx_phnt_RGlzY2xvc3VyZSAtIFN1bW1hcnkgb2YgQmFuayBMb2FucyBQYXlhYmxlIChEZXRhaWxzKSAoUGFyZW50aGV0aWNhbCkA" id="xdx_90F_eus-gaap--DebtInstrumentInterestRateStatedPercentage_iI_pid_dp_uPure_c20201231__us-gaap--LongtermDebtTypeAxis__custom--NotePayable3Member_zp9FfuWrRGEa">4.329</span></span>% fixed note payable in monthly installments of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFN1bW1hcnkgb2YgQmFuayBMb2FucyBQYXlhYmxlIChEZXRhaWxzKSAoUGFyZW50aGV0aWNhbCkA" id="xdx_900_eus-gaap--DebtInstrumentFaceAmount_iI_pp0p0_c20211231__us-gaap--LongtermDebtTypeAxis__custom--NotePayable3Member_znGaHIWZT3pi" title="Debt instrument principal amount"><span class="xdx_phnt_RGlzY2xvc3VyZSAtIFN1bW1hcnkgb2YgQmFuayBMb2FucyBQYXlhYmxlIChEZXRhaWxzKSAoUGFyZW50aGV0aWNhbCkA" id="xdx_902_eus-gaap--DebtInstrumentFaceAmount_iI_pp0p0_c20201231__us-gaap--LongtermDebtTypeAxis__custom--NotePayable3Member_z6x4YQQCkDKl">9,775</span></span> including principal and interest, collateralized by real property with a book value of approximately $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFN1bW1hcnkgb2YgQmFuayBMb2FucyBQYXlhYmxlIChEZXRhaWxzKSAoUGFyZW50aGV0aWNhbCkA" id="xdx_902_eus-gaap--DebtInstrumentCarryingAmount_iI_c20211231__us-gaap--LongtermDebtTypeAxis__custom--NotePayable3Member_zpaoZ3VZkyuc"><span class="xdx_phnt_RGlzY2xvc3VyZSAtIFN1bW1hcnkgb2YgQmFuayBMb2FucyBQYXlhYmxlIChEZXRhaWxzKSAoUGFyZW50aGV0aWNhbCkA" id="xdx_903_eus-gaap--DebtInstrumentCarryingAmount_iI_c20201231__us-gaap--LongtermDebtTypeAxis__custom--NotePayable3Member_zSn7BLyVC6S6">3,103,000</span></span>, due September 2025.</td><td> </td> <td style="text-align: left"> </td><td id="xdx_987_ecustom--BankLoansPayable_iI_pp0p0_c20211231__us-gaap--LongtermDebtTypeAxis__custom--NotePayable3Member_zucCa47Z6ow9" style="text-align: right" title="Total bank and other loans">1,825,608</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98D_ecustom--BankLoansPayable_iI_pp0p0_c20201231__us-gaap--LongtermDebtTypeAxis__custom--NotePayable3Member_zz65Oy6BRtjj" style="text-align: right" title="Total bank and other loans">1,861,920</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></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left"><span class="xdx_phnt_RGlzY2xvc3VyZSAtIFN1bW1hcnkgb2YgQmFuayBMb2FucyBQYXlhYmxlIChEZXRhaWxzKSAoUGFyZW50aGV0aWNhbCkA" id="xdx_901_eus-gaap--DebtInstrumentInterestRateStatedPercentage_iI_pid_dp_uPure_c20211231__us-gaap--LongtermDebtTypeAxis__custom--NotePayable4Member_zpeNxjt03hGd" title="Debt instrument interest rate"><span class="xdx_phnt_RGlzY2xvc3VyZSAtIFN1bW1hcnkgb2YgQmFuayBMb2FucyBQYXlhYmxlIChEZXRhaWxzKSAoUGFyZW50aGV0aWNhbCkA" id="xdx_903_eus-gaap--DebtInstrumentInterestRateStatedPercentage_iI_pid_dp_uPure_c20201231__us-gaap--LongtermDebtTypeAxis__custom--NotePayable4Member_zdNO33QGPgpc">4.00</span></span>% variable with LIBOR at a <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFN1bW1hcnkgb2YgQmFuayBMb2FucyBQYXlhYmxlIChEZXRhaWxzKSAoUGFyZW50aGV0aWNhbCkA" id="xdx_90B_eus-gaap--DebtInstrumentInterestRateEffectivePercentage_iI_pid_dp_uPure_c20211231__us-gaap--LongtermDebtTypeAxis__custom--NotePayable4Member_zDT9LXMWNxy1" title="Debt instrument basis spread variable rate"><span class="xdx_phnt_RGlzY2xvc3VyZSAtIFN1bW1hcnkgb2YgQmFuayBMb2FucyBQYXlhYmxlIChEZXRhaWxzKSAoUGFyZW50aGV0aWNhbCkA" id="xdx_904_eus-gaap--DebtInstrumentInterestRateEffectivePercentage_iI_pid_dp_uPure_c20201231__us-gaap--LongtermDebtTypeAxis__custom--NotePayable4Member_zDoTr4GRkux7">1</span></span>% floor and a spread at <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFN1bW1hcnkgb2YgQmFuayBMb2FucyBQYXlhYmxlIChEZXRhaWxzKSAoUGFyZW50aGV0aWNhbCkA" id="xdx_90C_eus-gaap--DebtInstrumentBasisSpreadOnVariableRate1_pid_dp_uPure_c20210101__20211231__us-gaap--LongtermDebtTypeAxis__custom--NotePayable4Member_zTYurwKSRUb7" title="Debt instrument basis spread variable rate"><span class="xdx_phnt_RGlzY2xvc3VyZSAtIFN1bW1hcnkgb2YgQmFuayBMb2FucyBQYXlhYmxlIChEZXRhaWxzKSAoUGFyZW50aGV0aWNhbCkA" id="xdx_905_eus-gaap--DebtInstrumentBasisSpreadOnVariableRate1_pid_dp_uPure_c20200101__20201231__us-gaap--LongtermDebtTypeAxis__custom--NotePayable4Member_zaFyh6Y2F1va">3</span></span>% rate construction loan collateralized by real property with a book value of approximately $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFN1bW1hcnkgb2YgQmFuayBMb2FucyBQYXlhYmxlIChEZXRhaWxzKSAoUGFyZW50aGV0aWNhbCkA" id="xdx_907_eus-gaap--DebtInstrumentCarryingAmount_iI_c20211231__us-gaap--LongtermDebtTypeAxis__custom--NotePayable4Member_zQ6yR5I3zgO3"><span class="xdx_phnt_RGlzY2xvc3VyZSAtIFN1bW1hcnkgb2YgQmFuayBMb2FucyBQYXlhYmxlIChEZXRhaWxzKSAoUGFyZW50aGV0aWNhbCkA" id="xdx_90D_eus-gaap--DebtInstrumentCarryingAmount_iI_c20201231__us-gaap--LongtermDebtTypeAxis__custom--NotePayable4Member_zdGOXa4MrMTh">64,730,000</span></span>, due March 2024.</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98F_ecustom--BankLoansPayable_iI_pp0p0_c20211231__us-gaap--LongtermDebtTypeAxis__custom--NotePayable4Member_zhEe7ALfeJZ6" style="text-align: right" title="Total bank and other loans">34,547,181</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_986_ecustom--BankLoansPayable_iI_pp0p0_c20201231__us-gaap--LongtermDebtTypeAxis__custom--NotePayable4Member_zdBEqTO33Db4" style="text-align: right" title="Total bank and other loans"><span style="-sec-ix-hidden: xdx2ixbrl2426">-</span></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></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left"><span class="xdx_phnt_RGlzY2xvc3VyZSAtIFN1bW1hcnkgb2YgQmFuayBMb2FucyBQYXlhYmxlIChEZXRhaWxzKSAoUGFyZW50aGV0aWNhbCkA" id="xdx_90E_eus-gaap--DebtInstrumentBasisSpreadOnVariableRate1_pid_dp_uPure_c20210101__20211231__us-gaap--LongtermDebtTypeAxis__custom--NotePayable5Member_zeeNeBbxHxf5" title="Debt instrument basis spread variable rate"><span class="xdx_phnt_RGlzY2xvc3VyZSAtIFN1bW1hcnkgb2YgQmFuayBMb2FucyBQYXlhYmxlIChEZXRhaWxzKSAoUGFyZW50aGV0aWNhbCkA" id="xdx_905_eus-gaap--DebtInstrumentBasisSpreadOnVariableRate1_pid_dp_uPure_c20200101__20201231__us-gaap--LongtermDebtTypeAxis__custom--NotePayable5Member_z2HGBlpQTCu8">2.5</span></span>% above the monthly LIBOR rate plus 1/16th of the monthly LIBOR rate construction loan payable in monthly principal payments of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFN1bW1hcnkgb2YgQmFuayBMb2FucyBQYXlhYmxlIChEZXRhaWxzKSAoUGFyZW50aGV0aWNhbCkA" id="xdx_90F_eus-gaap--DebtInstrumentFaceAmount_iI_pp0p0_c20211231__us-gaap--LongtermDebtTypeAxis__custom--NotePayable5Member_zB1zP56t3XT" title="Debt instrument principal amount"><span class="xdx_phnt_RGlzY2xvc3VyZSAtIFN1bW1hcnkgb2YgQmFuayBMb2FucyBQYXlhYmxlIChEZXRhaWxzKSAoUGFyZW50aGV0aWNhbCkA" id="xdx_908_eus-gaap--DebtInstrumentFaceAmount_iI_pp0p0_c20201231__us-gaap--LongtermDebtTypeAxis__custom--NotePayable5Member_zXQBhRd6DJM2">113,000</span></span> plus interest, collateralized by real property with a book value of approximately $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFN1bW1hcnkgb2YgQmFuayBMb2FucyBQYXlhYmxlIChEZXRhaWxzKSAoUGFyZW50aGV0aWNhbCkA" id="xdx_902_eus-gaap--DebtInstrumentCarryingAmount_iI_c20211231__us-gaap--LongtermDebtTypeAxis__custom--NotePayable5Member_znIlSTQq4Chf"><span class="xdx_phnt_RGlzY2xvc3VyZSAtIFN1bW1hcnkgb2YgQmFuayBMb2FucyBQYXlhYmxlIChEZXRhaWxzKSAoUGFyZW50aGV0aWNhbCkA" id="xdx_904_eus-gaap--DebtInstrumentCarryingAmount_iI_c20201231__us-gaap--LongtermDebtTypeAxis__custom--NotePayable5Member_z7Zzs76YbPj6">49,118,000</span></span>, paid in full March 2021.</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98B_ecustom--BankLoansPayable_iI_pp0p0_c20211231__us-gaap--LongtermDebtTypeAxis__custom--NotePayable5Member_z5nTkwhl3B29" style="text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl2435">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_981_ecustom--BankLoansPayable_iI_pp0p0_c20201231__us-gaap--LongtermDebtTypeAxis__custom--NotePayable5Member_z41m9bo4D4Xh" style="text-align: right" title="Total bank and other loans">35,091,364</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></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left"><span class="xdx_phnt_RGlzY2xvc3VyZSAtIFN1bW1hcnkgb2YgQmFuayBMb2FucyBQYXlhYmxlIChEZXRhaWxzKSAoUGFyZW50aGV0aWNhbCkA" id="xdx_904_eus-gaap--DebtInstrumentInterestRateStatedPercentage_iI_c20211231__us-gaap--LongtermDebtTypeAxis__custom--NotePayable6Member_ztnZOvIu56N" title="Debt instrument interest rate"><span class="xdx_phnt_RGlzY2xvc3VyZSAtIFN1bW1hcnkgb2YgQmFuayBMb2FucyBQYXlhYmxlIChEZXRhaWxzKSAoUGFyZW50aGV0aWNhbCkA" id="xdx_906_eus-gaap--DebtInstrumentInterestRateStatedPercentage_iI_c20201231__us-gaap--LongtermDebtTypeAxis__custom--NotePayable6Member_z5UyQkJx4zhl">3.30</span></span>% fixed note payable in monthly installments of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFN1bW1hcnkgb2YgQmFuayBMb2FucyBQYXlhYmxlIChEZXRhaWxzKSAoUGFyZW50aGV0aWNhbCkA" id="xdx_90C_eus-gaap--DebtInstrumentFaceAmount_iI_pp0p0_c20211231__us-gaap--LongtermDebtTypeAxis__custom--NotePayable6Member_z4I9tqEevaR" title="Debt instrument principal amount"><span class="xdx_phnt_RGlzY2xvc3VyZSAtIFN1bW1hcnkgb2YgQmFuayBMb2FucyBQYXlhYmxlIChEZXRhaWxzKSAoUGFyZW50aGV0aWNhbCkA" id="xdx_900_eus-gaap--DebtInstrumentFaceAmount_iI_pp0p0_c20201231__us-gaap--LongtermDebtTypeAxis__custom--NotePayable6Member_zw6JinC4Ucoh">179,562</span></span> including principal and interest, collateralized by real property with a book value of approximately $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFN1bW1hcnkgb2YgQmFuayBMb2FucyBQYXlhYmxlIChEZXRhaWxzKSAoUGFyZW50aGV0aWNhbCkA" id="xdx_906_eus-gaap--DebtInstrumentCarryingAmount_iI_c20211231__us-gaap--LongtermDebtTypeAxis__custom--NotePayable6Member_zsTd3crJKoFb" title="Debt instrument, book value"><span class="xdx_phnt_RGlzY2xvc3VyZSAtIFN1bW1hcnkgb2YgQmFuayBMb2FucyBQYXlhYmxlIChEZXRhaWxzKSAoUGFyZW50aGV0aWNhbCkA" id="xdx_90F_eus-gaap--DebtInstrumentCarryingAmount_iI_c20201231__us-gaap--LongtermDebtTypeAxis__custom--NotePayable6Member_z18Ujw1dm12i">49,118,000</span></span>, due April 2051.</td><td> </td> <td style="text-align: left"> </td><td id="xdx_989_ecustom--BankLoansPayable_iI_pp0p0_c20211231__us-gaap--LongtermDebtTypeAxis__custom--NotePayable6Member_zKnfgtqWkTt9" style="text-align: right" title="Total bank and other loans">40,090,359</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98E_ecustom--BankLoansPayable_iI_pp0p0_c20201231__us-gaap--LongtermDebtTypeAxis__custom--NotePayable6Member_zfVkYIABUJii" style="text-align: right" title="Total bank and other loans"><span style="-sec-ix-hidden: xdx2ixbrl2450">-</span></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></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left"><span class="xdx_phnt_RGlzY2xvc3VyZSAtIFN1bW1hcnkgb2YgQmFuayBMb2FucyBQYXlhYmxlIChEZXRhaWxzKSAoUGFyZW50aGV0aWNhbCkA" id="xdx_90B_eus-gaap--DebtInstrumentInterestRateStatedPercentage_iI_c20211231__us-gaap--LongtermDebtTypeAxis__custom--NotePayable7Member_zuZCbwkSsgj4" title="Debt instrument interest rate"><span class="xdx_phnt_RGlzY2xvc3VyZSAtIFN1bW1hcnkgb2YgQmFuayBMb2FucyBQYXlhYmxlIChEZXRhaWxzKSAoUGFyZW50aGV0aWNhbCkA" id="xdx_900_eus-gaap--DebtInstrumentInterestRateStatedPercentage_iI_c20201231__us-gaap--LongtermDebtTypeAxis__custom--NotePayable7Member_ztaXxT0KCk21">4.7865</span></span>% fixed interest only note payable in monthly installments, collateralized by real property with a book value of approximately $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFN1bW1hcnkgb2YgQmFuayBMb2FucyBQYXlhYmxlIChEZXRhaWxzKSAoUGFyZW50aGV0aWNhbCkA" id="xdx_904_eus-gaap--DebtInstrumentCarryingAmount_iI_c20211231__us-gaap--LongtermDebtTypeAxis__custom--NotePayable7Member_zoIkhXCvMGzc"><span class="xdx_phnt_RGlzY2xvc3VyZSAtIFN1bW1hcnkgb2YgQmFuayBMb2FucyBQYXlhYmxlIChEZXRhaWxzKSAoUGFyZW50aGV0aWNhbCkA" id="xdx_90F_eus-gaap--DebtInstrumentCarryingAmount_iI_c20201231__us-gaap--LongtermDebtTypeAxis__custom--NotePayable7Member_zAfyy7dtK6ie">17,301,000</span></span>, due June 2028.</td><td> </td> <td style="text-align: left"> </td><td id="xdx_988_ecustom--BankLoansPayable_iI_pp0p0_c20211231__us-gaap--LongtermDebtTypeAxis__custom--NotePayable7Member_zx3sAN5SVW1f" style="text-align: right">9,200,000</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98F_ecustom--BankLoansPayable_iI_pp0p0_c20201231__us-gaap--LongtermDebtTypeAxis__custom--NotePayable7Member_zxaQmFJCuWqk" style="text-align: right" title="Total bank and other loans">9,200,000</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></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">1 month LIBOR rate plus <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFN1bW1hcnkgb2YgQmFuayBMb2FucyBQYXlhYmxlIChEZXRhaWxzKSAoUGFyZW50aGV0aWNhbCkA" id="xdx_909_eus-gaap--DebtInstrumentBasisSpreadOnVariableRate1_pid_dp_uPure_c20210101__20211231__us-gaap--LongtermDebtTypeAxis__custom--NotePayable8Member_zh50hqkgLWg5" title="Debt instrument basis spread variable rate"><span class="xdx_phnt_RGlzY2xvc3VyZSAtIFN1bW1hcnkgb2YgQmFuayBMb2FucyBQYXlhYmxlIChEZXRhaWxzKSAoUGFyZW50aGV0aWNhbCkA" id="xdx_908_eus-gaap--DebtInstrumentBasisSpreadOnVariableRate1_pid_dp_uPure_c20200101__20201231__us-gaap--LongtermDebtTypeAxis__custom--NotePayable8Member_zAVfkH4d8f5j">2.1</span></span>% loan purchase agreement with a warehouse line availability of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFN1bW1hcnkgb2YgQmFuayBMb2FucyBQYXlhYmxlIChEZXRhaWxzKSAoUGFyZW50aGV0aWNhbCkA" id="xdx_901_eus-gaap--DebtInstrumentFaceAmount_iI_pp0p0_c20211231__us-gaap--LongtermDebtTypeAxis__custom--NotePayable8Member_zIDj8hq5TG7a" title="Debt instrument principal amount"><span class="xdx_phnt_RGlzY2xvc3VyZSAtIFN1bW1hcnkgb2YgQmFuayBMb2FucyBQYXlhYmxlIChEZXRhaWxzKSAoUGFyZW50aGV0aWNhbCkA" id="xdx_905_eus-gaap--DebtInstrumentFaceAmount_iI_pp0p0_c20201231__us-gaap--LongtermDebtTypeAxis__custom--NotePayable8Member_zWHnEgkkBkhf">100,000,000</span></span>, matures June 2022.</td><td> </td> <td style="text-align: left"> </td><td id="xdx_985_ecustom--BankLoansPayable_iI_pp0p0_c20211231__us-gaap--LongtermDebtTypeAxis__custom--NotePayable8Member_zis0J7MF7Km9" style="text-align: right">66,305,025</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98D_ecustom--BankLoansPayable_iI_pp0p0_c20201231__us-gaap--LongtermDebtTypeAxis__custom--NotePayable8Member_zQ0J8idkFrt5" style="text-align: right" title="Total bank and other loans">116,598,834</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></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">1 month LIBOR rate plus <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFN1bW1hcnkgb2YgQmFuayBMb2FucyBQYXlhYmxlIChEZXRhaWxzKSAoUGFyZW50aGV0aWNhbCkA" id="xdx_90A_eus-gaap--DebtInstrumentBasisSpreadOnVariableRate1_pid_dp_uPure_c20210101__20211231__us-gaap--LongtermDebtTypeAxis__custom--NotePayable9Member_zMtO1PpwNxE6" title="Debt instrument basis spread variable rate"><span class="xdx_phnt_RGlzY2xvc3VyZSAtIFN1bW1hcnkgb2YgQmFuayBMb2FucyBQYXlhYmxlIChEZXRhaWxzKSAoUGFyZW50aGV0aWNhbCkA" id="xdx_906_eus-gaap--DebtInstrumentBasisSpreadOnVariableRate1_pid_dp_uPure_c20200101__20201231__us-gaap--LongtermDebtTypeAxis__custom--NotePayable9Member_z2HhNvHEZ2Da">2</span></span>% loan purchase agreement with a warehouse line availability of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFN1bW1hcnkgb2YgQmFuayBMb2FucyBQYXlhYmxlIChEZXRhaWxzKSAoUGFyZW50aGV0aWNhbCkA" id="xdx_901_eus-gaap--DebtInstrumentFaceAmount_iI_pp0p0_c20211231__us-gaap--LongtermDebtTypeAxis__custom--NotePayable9Member_zZkH32VlBH5k" title="Debt instrument principal amount"><span class="xdx_phnt_RGlzY2xvc3VyZSAtIFN1bW1hcnkgb2YgQmFuayBMb2FucyBQYXlhYmxlIChEZXRhaWxzKSAoUGFyZW50aGV0aWNhbCkA" id="xdx_906_eus-gaap--DebtInstrumentFaceAmount_iI_pp0p0_c20201231__us-gaap--LongtermDebtTypeAxis__custom--NotePayable9Member_zsY6H6xTUrHe">100,000,000</span></span>, matures August 2022.</td><td> </td> <td style="text-align: left"> </td><td id="xdx_986_ecustom--BankLoansPayable_iI_pp0p0_c20211231__us-gaap--LongtermDebtTypeAxis__custom--NotePayable9Member_zK0ODP5OaIR9" style="text-align: right">50,555,909</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98B_ecustom--BankLoansPayable_iI_pp0p0_c20201231__us-gaap--LongtermDebtTypeAxis__custom--NotePayable9Member_zPkto7HhaTgk" style="text-align: right" title="Total bank and other loans">68,766,572</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></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">1 month LIBOR rate plus <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFN1bW1hcnkgb2YgQmFuayBMb2FucyBQYXlhYmxlIChEZXRhaWxzKSAoUGFyZW50aGV0aWNhbCkA" id="xdx_903_eus-gaap--DebtInstrumentBasisSpreadOnVariableRate1_pid_dp_uPure_c20210101__20211231__us-gaap--LongtermDebtTypeAxis__custom--NotePayable10Member_z5cTGsKXyD8h" title="Debt instrument basis spread variable rate"><span class="xdx_phnt_RGlzY2xvc3VyZSAtIFN1bW1hcnkgb2YgQmFuayBMb2FucyBQYXlhYmxlIChEZXRhaWxzKSAoUGFyZW50aGV0aWNhbCkA" id="xdx_905_eus-gaap--DebtInstrumentBasisSpreadOnVariableRate1_pid_dp_uPure_c20200101__20201231__us-gaap--LongtermDebtTypeAxis__custom--NotePayable10Member_zzFWUZnzWRP9">2.15</span></span>% loan purchase agreement with a warehouse line availability of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFN1bW1hcnkgb2YgQmFuayBMb2FucyBQYXlhYmxlIChEZXRhaWxzKSAoUGFyZW50aGV0aWNhbCkA" id="xdx_908_eus-gaap--DebtInstrumentFaceAmount_iI_pp0p0_c20211231__us-gaap--LongtermDebtTypeAxis__custom--NotePayable10Member_zS7DQ9rpNELj" title="Debt instrument principal amount"><span class="xdx_phnt_RGlzY2xvc3VyZSAtIFN1bW1hcnkgb2YgQmFuayBMb2FucyBQYXlhYmxlIChEZXRhaWxzKSAoUGFyZW50aGV0aWNhbCkA" id="xdx_90C_eus-gaap--DebtInstrumentFaceAmount_iI_pp0p0_c20201231__us-gaap--LongtermDebtTypeAxis__custom--NotePayable10Member_zkzN8PRYKRc8">75,000,000</span></span>, matures May 2022.</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98A_ecustom--BankLoansPayable_iI_pp0p0_c20211231__us-gaap--LongtermDebtTypeAxis__custom--NotePayable10Member_zeKGPOIUp8l4" style="text-align: right">43,196,986</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98E_ecustom--BankLoansPayable_iI_pp0p0_c20201231__us-gaap--LongtermDebtTypeAxis__custom--NotePayable10Member_z4HDUh1W0NQi" style="text-align: right" title="Total bank and other loans">60,715,374</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></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">1 month LIBOR rate plus <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFN1bW1hcnkgb2YgQmFuayBMb2FucyBQYXlhYmxlIChEZXRhaWxzKSAoUGFyZW50aGV0aWNhbCkA" id="xdx_906_eus-gaap--DebtInstrumentBasisSpreadOnVariableRate1_pid_dp_uPure_c20210101__20211231__us-gaap--LongtermDebtTypeAxis__custom--NotePayable11Member_zRSOmKu1PZRc" title="Debt instrument basis spread variable rate"><span class="xdx_phnt_RGlzY2xvc3VyZSAtIFN1bW1hcnkgb2YgQmFuayBMb2FucyBQYXlhYmxlIChEZXRhaWxzKSAoUGFyZW50aGV0aWNhbCkA" id="xdx_909_eus-gaap--DebtInstrumentBasisSpreadOnVariableRate1_pid_dp_uPure_c20200101__20201231__us-gaap--LongtermDebtTypeAxis__custom--NotePayable11Member_zZ8E50ecxGv4">2.0</span></span>% loan purchase agreement with a warehouse line availability of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFN1bW1hcnkgb2YgQmFuayBMb2FucyBQYXlhYmxlIChEZXRhaWxzKSAoUGFyZW50aGV0aWNhbCkA" id="xdx_909_eus-gaap--DebtInstrumentFaceAmount_iI_pp0p0_c20211231__us-gaap--LongtermDebtTypeAxis__custom--NotePayable11Member_zSw66JGsprt6" title="Debt instrument principal amount"><span class="xdx_phnt_RGlzY2xvc3VyZSAtIFN1bW1hcnkgb2YgQmFuayBMb2FucyBQYXlhYmxlIChEZXRhaWxzKSAoUGFyZW50aGV0aWNhbCkA" id="xdx_90A_eus-gaap--DebtInstrumentFaceAmount_iI_pp0p0_c20201231__us-gaap--LongtermDebtTypeAxis__custom--NotePayable11Member_zWrtgATavgN4">100,000,000</span></span>, matures June 2022.</td><td> </td> <td style="text-align: left"> </td><td id="xdx_986_ecustom--BankLoansPayable_iI_pp0p0_c20211231__us-gaap--LongtermDebtTypeAxis__custom--NotePayable11Member_zVThdL9YC8bh" style="text-align: right" title="Total bank and other loans">1,764,386</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_988_ecustom--BankLoansPayable_iI_pp0p0_c20201231__us-gaap--LongtermDebtTypeAxis__custom--NotePayable11Member_zFqj9aUiYSWj" style="text-align: right" title="Total bank and other loans"><span style="-sec-ix-hidden: xdx2ixbrl2495">-</span></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></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">1 month LIBOR rate plus <span class="xdx_phnt_RGlzY2xvc3VyZSAtIFN1bW1hcnkgb2YgQmFuayBMb2FucyBQYXlhYmxlIChEZXRhaWxzKSAoUGFyZW50aGV0aWNhbCkA" id="xdx_900_eus-gaap--DebtInstrumentBasisSpreadOnVariableRate1_pid_dp_uPure_c20210101__20211231__us-gaap--LongtermDebtTypeAxis__custom--NotePayable12Member_zc78YRmh2J3b" title="Debt instrument basis spread variable rate"><span class="xdx_phnt_RGlzY2xvc3VyZSAtIFN1bW1hcnkgb2YgQmFuayBMb2FucyBQYXlhYmxlIChEZXRhaWxzKSAoUGFyZW50aGV0aWNhbCkA" id="xdx_90F_eus-gaap--DebtInstrumentBasisSpreadOnVariableRate1_pid_dp_uPure_c20200101__20201231__us-gaap--LongtermDebtTypeAxis__custom--NotePayable12Member_zI48oX851Ip1">2.5</span></span>% loan purchase agreement with a warehouse line availability of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFN1bW1hcnkgb2YgQmFuayBMb2FucyBQYXlhYmxlIChEZXRhaWxzKSAoUGFyZW50aGV0aWNhbCkA" id="xdx_90E_eus-gaap--DebtInstrumentFaceAmount_iI_pp0p0_c20211231__us-gaap--LongtermDebtTypeAxis__custom--NotePayable12Member_zvBn2mfSZmld" title="Debt instrument principal amount"><span class="xdx_phnt_RGlzY2xvc3VyZSAtIFN1bW1hcnkgb2YgQmFuayBMb2FucyBQYXlhYmxlIChEZXRhaWxzKSAoUGFyZW50aGV0aWNhbCkA" id="xdx_908_eus-gaap--DebtInstrumentFaceAmount_iI_pp0p0_c20201231__us-gaap--LongtermDebtTypeAxis__custom--NotePayable12Member_z1zTc0ZljrEj">5,000,000</span></span>, matured August 2021.</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98C_ecustom--BankLoansPayable_iI_pp0p0_c20211231__us-gaap--LongtermDebtTypeAxis__custom--NotePayable12Member_zW7afcsN3jd9" style="text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl2502">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_988_ecustom--BankLoansPayable_iI_pp0p0_c20201231__us-gaap--LongtermDebtTypeAxis__custom--NotePayable12Member_zraYHOhaqCb4" style="text-align: right" title="Total bank and other loans">317,582</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></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td id="xdx_F43_zRFXMzCSzKTg" style="text-align: left">Other short-term borrowings (1)</td><td> </td> <td style="text-align: left"> </td><td id="xdx_981_ecustom--BankLoansPayable_iI_pp0p0_c20211231__us-gaap--LongtermDebtTypeAxis__custom--OtherShortTermBorrowingsMember_fKDEp_za3tHGRJ6c6" style="text-align: right">1,250,000</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_983_ecustom--BankLoansPayable_iI_pp0p0_c20201231__us-gaap--LongtermDebtTypeAxis__custom--OtherShortTermBorrowingsMember_fKDEp_zHnIZ6yBe5kk" style="text-align: right" title="Total bank and other loans">1,250,000</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></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Finance lease liabilities</td><td> </td> <td style="text-align: left"> </td><td id="xdx_982_eus-gaap--FinanceLeaseLiability_iI_pp0p0_c20211231_z7QhfQoFchy1" style="text-align: right" title="Finance lease liabilities">62,767</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_982_eus-gaap--FinanceLeaseLiability_iI_pp0p0_c20201231_zDn5nvmN3HT9" style="text-align: right" title="Finance lease liabilities">104,951</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></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 1pt">Other loans payable</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_985_ecustom--BankLoansPayable_iI_pp0p0_c20211231__us-gaap--LongtermDebtTypeAxis__custom--OtherLoansPayableMember_zCYvF6YWGSv4" style="border-bottom: Black 1pt solid; text-align: right" title="Total bank and other loans">6,828</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_ecustom--BankLoansPayable_c20201231__us-gaap--LongtermDebtTypeAxis__custom--OtherLoansPayableMember_pp0p0" style="border-bottom: Black 1pt solid; text-align: right" title="Total bank and other loans">26,768</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-left: 10pt; text-align: left">Total bank and other loans</td><td> </td> <td style="text-align: left"> </td><td id="xdx_980_ecustom--BankLoansPayable_iI_pp0p0_c20211231_zeH3dZH73YF3" style="text-align: right" title="Total bank and other loans">251,286,927</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_981_ecustom--BankLoansPayable_c20201231_pp0p0" style="text-align: right" title="Total bank and other loans">297,824,368</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: left; padding-bottom: 1pt">Less current installments</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98A_ecustom--CurrentInstallment_iI_pp0p0_c20211231_zsgJaQN5EXF8" style="border-bottom: Black 1pt solid; text-align: right" title="Current Installment">164,747,672</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_ecustom--CurrentInstallment_c20201231_pp0p0" style="border-bottom: Black 1pt solid; text-align: right" title="Current Installment">284,250,996</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; padding-bottom: 2.5pt">Bank and other loans, excluding current installments</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_986_ecustom--BankAndOtherLoansExcludingCurrentInstallments_iI_pp0p0_c20211231_zJlotfLPCBTf" style="border-bottom: Black 2.5pt double; text-align: right" title="Bank and other loans, excluding current installments">86,539,255</td><td style="padding-bottom: 2.5pt; 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--BankAndOtherLoansExcludingCurrentInstallments_c20201231_pp0p0" style="border-bottom: Black 2.5pt double; text-align: right" title="Bank and other loans, excluding current installments">13,573,372</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> 633890 0.0427 0.0427 53881 53881 633890 75108 75108 2481878 3257113 0.04329 0.04329 9775 9775 3103000 3103000 1825608 1861920 0.0400 0.0400 0.01 0.01 0.03 0.03 64730000 64730000 34547181 0.025 0.025 113000 113000 49118000 49118000 35091364 3.30 3.30 179562 179562 49118000 49118000 40090359 4.7865 4.7865 17301000 17301000 9200000 9200000 0.021 0.021 100000000 100000000 66305025 116598834 0.02 0.02 100000000 100000000 50555909 68766572 0.0215 0.0215 75000000 75000000 43196986 60715374 0.020 0.020 100000000 100000000 1764386 0.025 0.025 5000000 5000000 317582 1250000 1250000 62767 104951 6828 26768 251286927 297824368 164747672 284250996 86539255 13573372 19259722 39102336 20244900 40729400 0 0 826800 786300 443758 7794625 0 8774352 0 0 0 1720300 1720300 2000000 2022-12-31 941711 0 2500000 0.0225 2022-12-31 1250000 The Company, through its subsidiary SecurityNational Mortgage, has a $100,000,000 line of credit with Wells Fargo Bank N.A. The agreement charges interest at the 1-Month LIBOR rate plus 2.1% and matures on June 9, 2022. 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 $1.00. 100000000 2.1 2022-06-09 0.0100 100000000 2 2022-08-09 0.0100 75000000 2.15 2022-05-27 0.0100 100000000 2.0 2022-06-04 0.0100 <p id="xdx_895_ecustom--ScheduleOfCombinedMaturitiesOfBankLoansPayableLinesOfCreditAndNotesAndContractsPayableTextBlock_z3W66MYcmAmi" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The following tabulation shows the combined maturities of bank and other loans payable:</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> <span id="xdx_8B6_zQiF98vqhMo2" style="display: none">Schedule of Combined Maturities of Bank Loans Payable, Lines of Credit and Notes and Contracts Payable</span></span></p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 40%"> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 78%; text-align: justify">2022</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 18%; text-align: right"><span id="xdx_909_ecustom--BankLoansPayableLinesOfCreditAndNotesAndContractsPayable_iI_pp0p0_c20211231__us-gaap--LeaseContractualTermAxis__custom--DueInYearOneMember_zMs3MSKYzOh2" title="Bank loans payable, lines of credit and notes and contracts payable">164,747,672</span></td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: justify">2023</td><td> </td> <td style="text-align: left"> </td><td id="xdx_988_ecustom--BankLoansPayableLinesOfCreditAndNotesAndContractsPayable_iI_pp0p0_c20211231__us-gaap--LeaseContractualTermAxis__custom--DueInYearTwoMember_zviZcCrESMwe" style="text-align: right" title="Bank loans payable, lines of credit and notes and contracts payable">1,745,541</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: justify">2024</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98C_ecustom--BankLoansPayableLinesOfCreditAndNotesAndContractsPayable_iI_pp0p0_c20211231__us-gaap--LeaseContractualTermAxis__custom--DueInYearThreeMember_zf0kuSuwE9q6" style="text-align: right" title="Bank loans payable, lines of credit and notes and contracts payable">36,333,278</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: justify">2025</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98B_ecustom--BankLoansPayableLinesOfCreditAndNotesAndContractsPayable_iI_pp0p0_c20211231__us-gaap--LeaseContractualTermAxis__custom--DueInYearFourMember_zMFp4etLrfOl" style="text-align: right" title="Bank loans payable, lines of credit and notes and contracts payable">2,512,683</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: justify">2026</td><td> </td> <td style="text-align: left"> </td><td id="xdx_985_ecustom--BankLoansPayableLinesOfCreditAndNotesAndContractsPayable_iI_pp0p0_c20211231__us-gaap--LeaseContractualTermAxis__custom--DueInYearFiveMember_zveAALeqzrIi" style="text-align: right" title="Bank loans payable, lines of credit and notes and contracts payable">735,981</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: justify; padding-bottom: 1pt">Thereafter</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98F_ecustom--BankLoansPayableLinesOfCreditAndNotesAndContractsPayable_iI_pp0p0_c20211231__us-gaap--LeaseContractualTermAxis__custom--DueInThereafterMember_zQNG8Nfv3cy6" style="border-bottom: Black 1pt solid; text-align: right" title="Bank loans payable, lines of credit and notes and contracts payable">45,211,772</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: justify; 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_983_ecustom--BankLoansPayableLinesOfCreditAndNotesAndContractsPayable_c20211231_pp0p0" style="border-bottom: Black 2.5pt double; text-align: right" title="Bank loans payable, lines of credit and notes and contracts payable">251,286,927</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> 164747672 1745541 36333278 2512683 735981 45211772 251286927 7127516 8578810 7290867 8385270 <p id="xdx_80A_ecustom--CemeteryPerpetualCareTrustInvestmentsAndObligationAndRestrictedAssetsTextBlock_zii5MWsgKMSc" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">8) <span style="text-decoration: underline"><span id="xdx_826_zuXFGUcrT873">Cemetery Perpetual Care Trust Investments and Obligation and Restricted Assets</span></span></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">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<i>.</i></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p id="xdx_894_ecustom--ScheduleOfTheComponentsOfTheCemeteryPerpetualCareObligationTextBlock_zDu6sea2Osoa" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The components of the cemetery perpetual care investments and obligation are as follows:</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> <span id="xdx_8B7_zQmIqStIvsb1" style="display: none">Schedule of The Components of The Cemetery Perpetual Care Obligation</span></span></p> <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: 1pt"> </td> <td colspan="2" id="xdx_493_20211231__us-gaap--FinancialInstrumentAxis__custom--CemeteryPerpectualCareOblicationMember_zfKycZSjDCo8" style="border-bottom: Black 1pt solid; text-align: center">2021</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_49A_20201231__us-gaap--FinancialInstrumentAxis__custom--CemeteryPerpectualCareOblicationMember_zZClyv5Vl7P4" style="border-bottom: Black 1pt solid; text-align: center">2020</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">December 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">2021</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">2020</td><td style="padding-bottom: 1pt"> </td></tr> <tr id="xdx_40D_eus-gaap--CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents_iI_maCCRCOzcDB_zfUg9zeCuOV1" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 64%; text-align: left">Cash and cash equivalents</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 14%; text-align: right">1,059,519</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">402,913</td><td style="width: 1%; text-align: left"> </td></tr> <tr id="xdx_40F_eus-gaap--AvailableForSaleSecuritiesDebtSecurities_iI_maCCRCOzcDB_zGyjh6MS5LIj" 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">784,765</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">747,767</td><td style="text-align: left"> </td></tr> <tr id="xdx_403_eus-gaap--EquitySecuritiesFvNiCurrentAndNoncurrent_iI_maCCRCOzcDB_zxg9czmYNIM8" 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">3,302,480</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">2,062,303</td><td style="text-align: left"> </td></tr> <tr id="xdx_409_ecustom--ParticipatingMortgageLoansMortgageHeldForInvestment_iI_maCCRCOzcDB_zs1L0BEFiI7f" style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Participating interests in residential construction mortgage loans held for investment with Security National Life</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">1,823,533</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">1,468,600</td><td style="text-align: left"> </td></tr> <tr id="xdx_407_eus-gaap--RealEstateHeldforsale_iI_maCCRCOzcDB_zcC01VDsa4v8" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 1pt">Real estate held for investment</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">865,424</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">1,731,584</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_40E_ecustom--CemeteryPerpetualCareTrustInvestments_iTI_mtCCRCOzcDB_maIzfFK_zVeHYixZpdAi" style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 1pt">Total cemetery perpetual care trust investments</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">7,835,721</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">6,413,167</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_40F_eus-gaap--ContinuingCareRetirementCommunitiesAdvanceFeesObligationForFutureServicesAmount_iNI_di_msIzfFK_zBn8EhrlAab7" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 1pt">Cemetery perpetual care obligation</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">(4,915,285</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">(4,087,704</td><td style="padding-bottom: 1pt; text-align: left">)</td></tr> <tr id="xdx_40E_eus-gaap--Investments_iTI_mtIzfFK_zPVALGPfBbQ7" style="vertical-align: bottom; background-color: White"> <td style="text-align: left; 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; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">2,920,436</td><td style="padding-bottom: 2.5pt; 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">2,325,463</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> <p id="xdx_8AC_zwWXTi5s4Q" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">SECURITY NATIONAL FINANCIAL CORPORATION</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">AND SUBSIDIARIES</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Notes to Consolidated Financial Statements</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Years Ended December 31, 2021 and 2020</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">8) <span style="text-decoration: underline">Cemetery Perpetual Care Trust Investments and Obligation and Restricted Assets</span> (Continued)</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">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.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">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.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p id="xdx_895_ecustom--ScheduleOfRestrictedAssetsInCemeteryAndMortuaryEndowmentCareAndPreNeedMerchandiseFundsTextBlock_zIqcp44U2er" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Restricted assets are summarized as follows:</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> <span id="xdx_8B6_zdW6O35x8Noh" style="display: none">Schedule of Restricted Assets in Cemetery and Mortuary Endowment Care and Pre need Merchandise Funds</span></span></p> <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: 1pt"> </td> <td colspan="2" id="xdx_49F_20211231__us-gaap--FinancialInstrumentAxis__custom--RestrictedAssetsMember_z9nUP71H2bqe" style="border-bottom: Black 1pt solid; text-align: center">2021</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_495_20201231__us-gaap--FinancialInstrumentAxis__custom--RestrictedAssetsMember_z1qibpqyHeM2" style="border-bottom: Black 1pt solid; text-align: center">2020</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">December 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">2021</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">2020</td><td style="padding-bottom: 1pt"> </td></tr> <tr id="xdx_409_eus-gaap--CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents_iI_maIzSEa_z1E9qukIKWea" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td id="xdx_F40_zM2G5AExUVI" style="width: 64%; text-align: left">Cash and cash equivalents (1)</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 14%; text-align: right">9,000,293</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">8,842,744</td><td style="width: 1%; text-align: left"> </td></tr> <tr id="xdx_403_eus-gaap--AvailableForSaleSecuritiesDebtSecurities_iI_maIzSEa_zXHVNhV11ci4" 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">1,601,688</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">1,473,637</td><td style="text-align: left"> </td></tr> <tr id="xdx_40A_eus-gaap--EquitySecuritiesFvNiCurrentAndNoncurrent_iI_maIzSEa_zS2QcSmL2tJ7" 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">3,603,822</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">2,515,778</td><td style="text-align: left"> </td></tr> <tr id="xdx_402_ecustom--ParticipatingMortgageLoansMortgageHeldForInvestment_iI_maIzSEa_zSOG2IdwxJIb" style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 1pt">Participating interests in mortgage loans held for investment with Security National Life</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">2,732,319</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">3,317,877</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_406_eus-gaap--RestrictedInvestments_iTI_mtIzSEa_zdR866n7ZrU6" 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 style="border-bottom: Black 2.5pt double; text-align: right">16,938,122</td><td style="padding-bottom: 2.5pt; 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">16,150,036</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> <p id="xdx_8A0_zIZ9OaJYEz1e" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0pt; margin-bottom: 0pt"/> <div style="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: justify; width: 0.15pc"><span id="xdx_F03_z2UiK1h58CAj" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(1)</span></td> <td style="text-align: justify"><span id="xdx_F1B_z2mhDqpTIct8" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Including cash and cash equivalents of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNjaGVkdWxlIG9mIFJlc3RyaWN0ZWQgQXNzZXRzIGluIENlbWV0ZXJ5IGFuZCBNb3J0dWFyeSBFbmRvd21lbnQgQ2FyZSBhbmQgUHJlIG5lZWQgTWVyY2hhbmRpc2UgRnVuZHMgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_904_eus-gaap--CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents_iI_pp0p0_c20211231__us-gaap--FinancialInstrumentAxis__custom--SecurityNationalLifeInsuranceMember_zODZcdZpkJge" title="Cash, cash equivalents, restricted cash and restricted cash equivalents at end of year">7,869,295</span> and $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNjaGVkdWxlIG9mIFJlc3RyaWN0ZWQgQXNzZXRzIGluIENlbWV0ZXJ5IGFuZCBNb3J0dWFyeSBFbmRvd21lbnQgQ2FyZSBhbmQgUHJlIG5lZWQgTWVyY2hhbmRpc2UgRnVuZHMgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_900_eus-gaap--CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents_iI_pp0p0_c20201231__us-gaap--FinancialInstrumentAxis__custom--SecurityNationalLifeInsuranceMember_z4YU6Hcn4Sij" title="Cash, cash equivalents, restricted cash and restricted cash equivalents at end of year">852,499</span> as of December 31, 2021 and 2020, respectively, for the life insurance and mortgage segments.</span></td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"/>A surplus note receivable in the amount of $<span id="xdx_903_eus-gaap--ProceedsFromSaleAndCollectionOfNotesReceivable_pp0p0_c20200101__20201231__us-gaap--FinancialInstrumentAxis__custom--SecurityNationalLifeInsuranceMember_zAycdbqKtbi7">4,000,000 </span>at December 31, 2021 and 2020, from Security National Life, was eliminated in consolidation.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">See Notes 1 and 17 for additional information regarding restricted assets.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">SECURITY NATIONAL FINANCIAL CORPORATION</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">AND SUBSIDIARIES</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Notes to Consolidated Financial Statements</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Years Ended December 31, 2021 and 2020</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p id="xdx_894_ecustom--ScheduleOfTheComponentsOfTheCemeteryPerpetualCareObligationTextBlock_zDu6sea2Osoa" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The components of the cemetery perpetual care investments and obligation are as follows:</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> <span id="xdx_8B7_zQmIqStIvsb1" style="display: none">Schedule of The Components of The Cemetery Perpetual Care Obligation</span></span></p> <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: 1pt"> </td> <td colspan="2" id="xdx_493_20211231__us-gaap--FinancialInstrumentAxis__custom--CemeteryPerpectualCareOblicationMember_zfKycZSjDCo8" style="border-bottom: Black 1pt solid; text-align: center">2021</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_49A_20201231__us-gaap--FinancialInstrumentAxis__custom--CemeteryPerpectualCareOblicationMember_zZClyv5Vl7P4" style="border-bottom: Black 1pt solid; text-align: center">2020</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">December 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">2021</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">2020</td><td style="padding-bottom: 1pt"> </td></tr> <tr id="xdx_40D_eus-gaap--CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents_iI_maCCRCOzcDB_zfUg9zeCuOV1" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 64%; text-align: left">Cash and cash equivalents</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 14%; text-align: right">1,059,519</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">402,913</td><td style="width: 1%; text-align: left"> </td></tr> <tr id="xdx_40F_eus-gaap--AvailableForSaleSecuritiesDebtSecurities_iI_maCCRCOzcDB_zGyjh6MS5LIj" 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">784,765</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">747,767</td><td style="text-align: left"> </td></tr> <tr id="xdx_403_eus-gaap--EquitySecuritiesFvNiCurrentAndNoncurrent_iI_maCCRCOzcDB_zxg9czmYNIM8" 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">3,302,480</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">2,062,303</td><td style="text-align: left"> </td></tr> <tr id="xdx_409_ecustom--ParticipatingMortgageLoansMortgageHeldForInvestment_iI_maCCRCOzcDB_zs1L0BEFiI7f" style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Participating interests in residential construction mortgage loans held for investment with Security National Life</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">1,823,533</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">1,468,600</td><td style="text-align: left"> </td></tr> <tr id="xdx_407_eus-gaap--RealEstateHeldforsale_iI_maCCRCOzcDB_zcC01VDsa4v8" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 1pt">Real estate held for investment</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">865,424</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">1,731,584</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_40E_ecustom--CemeteryPerpetualCareTrustInvestments_iTI_mtCCRCOzcDB_maIzfFK_zVeHYixZpdAi" style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 1pt">Total cemetery perpetual care trust investments</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">7,835,721</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">6,413,167</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_40F_eus-gaap--ContinuingCareRetirementCommunitiesAdvanceFeesObligationForFutureServicesAmount_iNI_di_msIzfFK_zBn8EhrlAab7" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 1pt">Cemetery perpetual care obligation</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">(4,915,285</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">(4,087,704</td><td style="padding-bottom: 1pt; text-align: left">)</td></tr> <tr id="xdx_40E_eus-gaap--Investments_iTI_mtIzfFK_zPVALGPfBbQ7" style="vertical-align: bottom; background-color: White"> <td style="text-align: left; 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; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">2,920,436</td><td style="padding-bottom: 2.5pt; 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">2,325,463</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> 1059519 402913 784765 747767 3302480 2062303 1823533 1468600 865424 1731584 7835721 6413167 4915285 4087704 2920436 2325463 <p id="xdx_895_ecustom--ScheduleOfRestrictedAssetsInCemeteryAndMortuaryEndowmentCareAndPreNeedMerchandiseFundsTextBlock_zIqcp44U2er" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Restricted assets are summarized as follows:</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> <span id="xdx_8B6_zdW6O35x8Noh" style="display: none">Schedule of Restricted Assets in Cemetery and Mortuary Endowment Care and Pre need Merchandise Funds</span></span></p> <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: 1pt"> </td> <td colspan="2" id="xdx_49F_20211231__us-gaap--FinancialInstrumentAxis__custom--RestrictedAssetsMember_z9nUP71H2bqe" style="border-bottom: Black 1pt solid; text-align: center">2021</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_495_20201231__us-gaap--FinancialInstrumentAxis__custom--RestrictedAssetsMember_z1qibpqyHeM2" style="border-bottom: Black 1pt solid; text-align: center">2020</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">December 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">2021</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">2020</td><td style="padding-bottom: 1pt"> </td></tr> <tr id="xdx_409_eus-gaap--CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents_iI_maIzSEa_z1E9qukIKWea" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td id="xdx_F40_zM2G5AExUVI" style="width: 64%; text-align: left">Cash and cash equivalents (1)</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 14%; text-align: right">9,000,293</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">8,842,744</td><td style="width: 1%; text-align: left"> </td></tr> <tr id="xdx_403_eus-gaap--AvailableForSaleSecuritiesDebtSecurities_iI_maIzSEa_zXHVNhV11ci4" 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">1,601,688</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">1,473,637</td><td style="text-align: left"> </td></tr> <tr id="xdx_40A_eus-gaap--EquitySecuritiesFvNiCurrentAndNoncurrent_iI_maIzSEa_zS2QcSmL2tJ7" 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">3,603,822</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">2,515,778</td><td style="text-align: left"> </td></tr> <tr id="xdx_402_ecustom--ParticipatingMortgageLoansMortgageHeldForInvestment_iI_maIzSEa_zSOG2IdwxJIb" style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 1pt">Participating interests in mortgage loans held for investment with Security National Life</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">2,732,319</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">3,317,877</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_406_eus-gaap--RestrictedInvestments_iTI_mtIzSEa_zdR866n7ZrU6" 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 style="border-bottom: Black 2.5pt double; text-align: right">16,938,122</td><td style="padding-bottom: 2.5pt; 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">16,150,036</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> 9000293 8842744 1601688 1473637 3603822 2515778 2732319 3317877 16938122 16150036 7869295 852499 4000000 <p id="xdx_80A_eus-gaap--IncomeTaxDisclosureTextBlock_zSWU1rFlUKwk" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">9) <span style="text-decoration: underline"><span id="xdx_825_zzKw0jgTPAJf">Income Taxes</span></span></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p id="xdx_89A_ecustom--SummaryOfIncomeTaxLiabilityTextBlock_zjqW0qrQWNC6" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Company’s income tax liability is summarized as follows:</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> <span id="xdx_8BC_zSQs9Y0KXoPj" style="display: none">Summary of Income Tax Liability</span></span></p> <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: 1pt"> </td> <td colspan="2" id="xdx_493_20211231_zwFJBbhGUDZ6" style="border-bottom: Black 1pt solid; text-align: center">2021</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_498_20201231_zVndAFbcGsl7" style="border-bottom: Black 1pt solid; text-align: center">2020</td><td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom"> <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</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">2021</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">2020</td><td style="padding-bottom: 1pt"> </td></tr> <tr id="xdx_400_eus-gaap--AccruedIncomeTaxesCurrent_iI_maITEBzCXu_zgRXWGV7Rhv8" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 64%">Current</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 14%; text-align: right">(1,558,687</td><td style="width: 1%; text-align: left">)</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 14%; text-align: right">2,595,877</td><td style="width: 1%; text-align: left"> </td></tr> <tr id="xdx_403_eus-gaap--AccruedIncomeTaxesNoncurrent_iI_maITEBzCXu_zkhCJhDh28v8" style="vertical-align: bottom; background-color: White"> <td style="padding-bottom: 1pt">Deferred</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">32,594,783</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">22,662,923</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_409_eus-gaap--AccruedIncomeTaxes_iTI_mtITEBzCXu_z1kow1R99iv3" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-bottom: 2.5pt">Total</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">31,036,096</td><td style="padding-bottom: 2.5pt; 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">25,258,800</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> <p id="xdx_8A9_zNDma53DpEe8" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p id="xdx_896_eus-gaap--ScheduleOfDeferredTaxAssetsAndLiabilitiesTableTextBlock_zIj5S98KMhFe" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Significant components of the Company’s deferred tax (assets) and liabilities are approximately as follows:</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> <span id="xdx_8B8_znoHue8XQMU6" style="display: none">Schedule of Deferred Tax Assets and Liabilities</span></span></p> <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: 1pt"> </td> <td colspan="2" id="xdx_49E_20211231_zsdbvGAA4xK6" style="border-bottom: Black 1pt solid; text-align: center">2021</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_496_20201231_zvtNaWvc1d0k" style="border-bottom: Black 1pt solid; text-align: center">2020</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">December 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">2021</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">2020</td><td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td>Assets</td><td> </td> <td colspan="2"> </td><td> </td><td> </td> <td colspan="2"> </td><td> </td></tr> <tr id="xdx_405_eus-gaap--DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsOther_iNI_di_maDTANzWPV_z9i4o2PJP5ue" style="vertical-align: bottom; background-color: White"> <td style="width: 64%; text-align: left">Future policy benefits</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 14%; text-align: right">(13,015,255</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">(12,657,045</td><td style="width: 1%; text-align: left">)</td></tr> <tr id="xdx_401_eus-gaap--DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsLossReserves_iNI_di_maDTANzWPV_zPtN8smpIPU" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Loan loss reserve</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(636,256</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(5,352,942</td><td style="text-align: left">)</td></tr> <tr id="xdx_405_eus-gaap--DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsUnearnedPremiumsReserve_iNI_di_maDTANzWPV_zgfr4Yiy2XA7" style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Unearned premium</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(642,755</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(699,011</td><td style="text-align: left">)</td></tr> <tr id="xdx_40F_eus-gaap--DeferredTaxAssetsOperatingLossCarryforwards_iNI_di_maDTANzWPV_z5IZmV3eMIll" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Net operating loss</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(898,029</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(334,085</td><td style="text-align: left">)</td></tr> <tr id="xdx_404_eus-gaap--DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost_iNI_di_maDTANzWPV_zxuxJhXqt8r4" style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Deferred compensation</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(2,750,406</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(2,833,298</td><td style="text-align: left">)</td></tr> <tr id="xdx_400_eus-gaap--DeferredTaxAssetsDerivativeInstruments_iNI_di_maDTANzWPV_zpYFLBxRUsWg" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Deposit obligations</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(635,878</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(610,041</td><td style="text-align: left">)</td></tr> <tr id="xdx_402_eus-gaap--DeferredTaxAssetsOther_iNI_di_maDTANzWPV_zZSyLN2ZuNJ8" style="vertical-align: bottom; background-color: White"> <td>Other</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(1,712,895</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(1,269,533</td><td style="text-align: left">)</td></tr> <tr id="xdx_401_eus-gaap--DeferredTaxAssetsValuationAllowance_iI_msDTANzWPV_zfYTdBu5WHsg" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 1pt">Less: Valuation allowance</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">882,535</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">961,920</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_40E_eus-gaap--DeferredTaxAssetsNet_iNTI_di_mtDTANzWPV_msDTLzBQD_zhDwToaLUBgb" style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 1pt">Total deferred tax assets</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">(19,408,939</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">(22,794,035</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_406_eus-gaap--DeferredTaxLiabilitiesNetAbstract_iB_zYgg5PaiMv4g" style="vertical-align: bottom; background-color: White"> <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></tr> <tr id="xdx_400_eus-gaap--DeferredTaxLiabilitiesDeferredExpenseOtherCapitalizedCosts_iI_maDITLzdd4_zopUnexntcJk" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Deferred policy acquisition costs</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">17,166,200</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">16,430,001</td><td style="text-align: left"> </td></tr> <tr id="xdx_409_eus-gaap--DeferredTaxLiabilitiesPropertyPlantAndEquipment_iI_maDITLzdd4_z9rhMjT2d1Ol" style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Basis difference in property, equipment and real estate</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">9,247,242</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">5,312,787</td><td style="text-align: left"> </td></tr> <tr id="xdx_408_eus-gaap--DeferredTaxLiabilitiesOther_iI_maDITLzdd4_zpQXvSYtYHxd" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td>Value of business acquired</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">1,768,501</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">1,880,602</td><td style="text-align: left"> </td></tr> <tr id="xdx_402_eus-gaap--DeferredTaxLiabilitiesUnrealizedCurrencyTransactionGains_iI_maDITLzdd4_zLwNd6UMQqWa" style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Deferred gains</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">15,598,360</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">12,124,226</td><td style="text-align: left"> </td></tr> <tr id="xdx_406_eus-gaap--DeferredTaxLiabilitiesInvestmentInNoncontrolledAffiliates_iI_maDITLzdd4_zv20qS7hhG09" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td>Trusts</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">1,064,387</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">1,064,387</td><td style="text-align: left"> </td></tr> <tr id="xdx_40A_eus-gaap--DeferredTaxLiabilitiesUnrealizedGainsOnTradingSecurities_iI_maDITLzdd4_z8pYndmD4sj6" style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 1pt">Tax on unrealized appreciation</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">7,159,032</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">8,644,955</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_40C_eus-gaap--DeferredIncomeTaxLiabilities_iTI_mtDITLzdd4_maDTLzBQD_zxWAI4yhHyNi" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 1pt">Total deferred tax liabilities</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">52,003,722</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">45,456,958</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_407_eus-gaap--DeferredTaxLiabilities_iTI_mtDTLzBQD_zq2wyECNYUE2" style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 2.5pt">Net deferred tax liability</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">32,594,783</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 style="border-bottom: Black 2.5pt double; text-align: right">22,662,923</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> <p id="xdx_8A1_zThXcVhP0Gb6" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The valuation allowance relates to differences between recorded deferred tax assets and liabilities and ultimate anticipated realization.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">SECURITY NATIONAL FINANCIAL CORPORATION</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">AND SUBSIDIARIES</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Notes to Consolidated Financial Statements</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Years Ended December 31, 2021 and 2020</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">9) <span style="text-decoration: underline">Income Taxes</span> (Continued)</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p id="xdx_892_eus-gaap--ScheduleOfComponentsOfIncomeTaxExpenseBenefitTableTextBlock_zt40064Y3nbf" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Company’s income tax expense is summarized as follows:</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> <span id="xdx_8B8_zS9XmLzcngo6" style="display: none">Schedule of Components of Income Tax Expense (Benefit)</span></span></p> <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: 1pt"> </td> <td colspan="2" id="xdx_49B_20210101__20211231_zMUENEhjCEv1" style="border-bottom: Black 1pt solid; text-align: center">2021</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_494_20200101__20201231_zfxBMiD9yfLd" style="border-bottom: Black 1pt solid; text-align: center">2020</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">December 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">2021</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">2020</td><td style="padding-bottom: 1pt"> </td></tr> <tr id="xdx_405_eus-gaap--CurrentFederalStateAndLocalTaxExpenseBenefitAbstract_iB_zVcDTpEPIS13" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td>Current</td><td> </td> <td colspan="2"> </td><td> </td><td> </td> <td colspan="2"> </td><td> </td></tr> <tr id="xdx_409_eus-gaap--CurrentFederalTaxExpenseBenefit_maCFSALzvy0_z8vVu4cpMRde" style="vertical-align: bottom; background-color: White"> <td style="padding-left: 10pt; width: 64%">Federal</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 14%; text-align: right">629,921</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">10,678,612</td><td style="width: 1%; text-align: left"> </td></tr> <tr id="xdx_402_eus-gaap--CurrentStateAndLocalTaxExpenseBenefit_maCFSALzvy0_zOu7utmfdirh" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 10pt; padding-bottom: 1pt">State</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">343,428</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">2,320,233</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_404_eus-gaap--CurrentFederalStateAndLocalTaxExpenseBenefit_iT_mtCFSALzvy0_maITEBzKeK_zAyemKXobmAl" style="vertical-align: bottom; background-color: White"> <td><span style="display: none; font-family: Times New Roman, Times, Serif; font-size: 10pt">Total Current Income Tax Expense (Benefit)</span></td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">973,349</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">12,998,845</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 id="xdx_408_eus-gaap--DeferredFederalStateAndLocalTaxExpenseBenefitAbstract_iB_zkAeSdsPNS4j" style="vertical-align: bottom; background-color: White"> <td>Deferred</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: 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--DeferredFederalIncomeTaxExpenseBenefit_maDFSALzt2j_zILR0AErXBGh" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 10pt">Federal</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">9,832,556</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">2,677,943</td><td style="text-align: left"> </td></tr> <tr id="xdx_40D_eus-gaap--DeferredStateAndLocalIncomeTaxExpenseBenefit_maDFSALzt2j_zrMu4y2Cej9d" style="vertical-align: bottom; background-color: White"> <td style="padding-left: 10pt; padding-bottom: 1pt">State</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">1,475,880</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">176,726</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_40A_eus-gaap--DeferredFederalStateAndLocalTaxExpenseBenefit_iT_mtDFSALzt2j_maITEBzKeK_ztZnE3RG9QMb" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-bottom: 1pt"><span style="display: none; font-family: Times New Roman, Times, Serif; font-size: 10pt">Total Deferred Income Tax Expense (Benefit)</span></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">11,308,436</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">2,854,669</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_40F_eus-gaap--IncomeTaxExpenseBenefit_iT_mtITEBzKeK_zktSkhAA4z8l" style="vertical-align: bottom; background-color: White"> <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">12,281,785</td><td style="padding-bottom: 2.5pt; 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">15,853,514</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> <p id="xdx_8AA_zRrLO4OQdAqc" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p id="xdx_896_eus-gaap--ScheduleOfEffectiveIncomeTaxRateReconciliationTableTextBlock_z5VMLOu9m0R9" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The reconciliation of income tax expense at the U.S. federal statutory rates is as follows:</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> <span id="xdx_8B4_z2hhoLNyEqc5" style="display: none">Schedule of Effective Income Tax Rate Reconciliation</span></span></p> <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: 1pt"> </td> <td colspan="2" id="xdx_49B_20210101__20211231_zWEVXJtpcAGl" style="border-bottom: Black 1pt solid; text-align: center">2021</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_494_20200101__20201231_zOe6KCcAtwU5" style="border-bottom: Black 1pt solid; text-align: center">2020</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">December 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">2021</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">2020</td><td style="padding-bottom: 1pt"> </td></tr> <tr id="xdx_405_eus-gaap--IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate_maITEBzbFm_z8W8IcPsGz6e" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 64%; text-align: left">Computed expense at statutory rate</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 14%; text-align: right">10,878,163</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">15,004,527</td><td style="width: 1%; text-align: left"> </td></tr> <tr id="xdx_406_eus-gaap--IncomeTaxReconciliationStateAndLocalIncomeTaxes_maITEBzbFm_zQzrj6vQz4Ha" style="vertical-align: bottom; background-color: White"> <td style="text-align: left">State tax expense, net of federal tax benefit</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">1,437,255</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">1,972,598</td><td style="text-align: left"> </td></tr> <tr id="xdx_40E_eus-gaap--IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance_maITEBzbFm_zCYGio1sQroc" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Change in valuation allowance</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(79,385</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(1,477,474</td><td style="text-align: left">)</td></tr> <tr id="xdx_400_eus-gaap--IncomeTaxReconciliationOtherAdjustments_maITEBzbFm_zl8F6sR1oXxg" style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 1pt">Other, net</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">45,752</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">353,863</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_409_eus-gaap--IncomeTaxExpenseBenefit_iT_mtITEBzbFm_zjAItptZt1nj" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 2.5pt">Income tax expense</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">12,281,785</td><td style="padding-bottom: 2.5pt; 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">15,853,514</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> <p id="xdx_8A3_zAZ1Vpr704v1" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Company’s overall effective tax rate for the years ended December 31, 2021 and 2020 was <span id="xdx_90A_eus-gaap--EffectiveIncomeTaxRateContinuingOperations_pid_dp_uPure_c20210101__20211231_zOvnOvi36Zsc" title="Effective income tax rate reconciliation, percent">23.7</span>% and <span id="xdx_907_eus-gaap--EffectiveIncomeTaxRateContinuingOperations_dp_uPure_c20200101__20201231_z45lsRicupfk" title="Effective income tax rate reconciliation, percent">22.2</span>% respectively. The Company’s effective tax rates differ from the U.S. federal statutory rate of <span id="xdx_908_eus-gaap--EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate_pid_dp_uPure_c20210101__20211231_zShQrAFAmgTj" title="Federal statutory income tax rate, percent">21</span>% partially due to its provision for state income taxes and a decrease to the valuation allowance. The increase in the effective tax rate when compared to the prior year is partially due to a smaller decrease to the valuation allowance in the current period when compared to the prior period year.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">At December 31, 2021, the Company had no significant unrecognized tax benefits. As of December 31, 2021, the Company does not expect any material changes to the estimated amount of unrecognized tax benefits in the next twelve months. Federal and state income tax returns for 2018 through 2021 are subject to examination by taxing authorities.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p id="xdx_89D_eus-gaap--SummaryOfOperatingLossCarryforwardsTextBlock_zTRqPDQ8bntk" style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0pt; margin-bottom: 0pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Net Operating Losses and Tax Credit Carryforwards:</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> <span id="xdx_8BE_ztJ4zSXoSDie" style="display: none">Summary of Operating Loss Carryforwards</span></span></p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 40%"> <tr style="vertical-align: bottom"> <td style="border-bottom: Black 1pt solid; text-align: left">Year of Expiration</td><td style="padding-bottom: 1pt"> </td> <td colspan="2"> </td><td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">2022</td><td> </td> <td style="text-align: left">$</td><td id="xdx_982_eus-gaap--DeferredTaxAssetsOperatingLossCarryforwardsSubjectToExpiration_c20211231__us-gaap--TaxPeriodAxis__custom--YearOfExpiration2022Member_pp0p0" style="text-align: right" title="Deferred Tax Assets, Operating Loss Carryforwards"><span style="-sec-ix-hidden: xdx2ixbrl2800">-</span></td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left">2023</td><td> </td> <td style="text-align: left"> </td><td id="xdx_983_eus-gaap--DeferredTaxAssetsOperatingLossCarryforwardsSubjectToExpiration_c20211231__us-gaap--TaxPeriodAxis__custom--YearOfExpiration2023Member_pp0p0" style="text-align: right" title="Deferred Tax Assets, Operating Loss Carryforwards"><span style="-sec-ix-hidden: xdx2ixbrl2802">-</span></td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">2024</td><td> </td> <td style="text-align: left"> </td><td id="xdx_984_eus-gaap--DeferredTaxAssetsOperatingLossCarryforwardsSubjectToExpiration_c20211231__us-gaap--TaxPeriodAxis__custom--YearOfExpiration2024Member_pp0p0" style="text-align: right" title="Deferred Tax Assets, Operating Loss Carryforwards"><span style="-sec-ix-hidden: xdx2ixbrl2804">-</span></td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left">2025</td><td> </td> <td style="text-align: left"> </td><td id="xdx_985_eus-gaap--DeferredTaxAssetsOperatingLossCarryforwardsSubjectToExpiration_c20211231__us-gaap--TaxPeriodAxis__custom--YearOfExpiration2025Member_pp0p0" style="text-align: right" title="Deferred Tax Assets, Operating Loss Carryforwards"><span style="-sec-ix-hidden: xdx2ixbrl2806">-</span></td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">2026</td><td> </td> <td style="text-align: left"> </td><td id="xdx_983_eus-gaap--DeferredTaxAssetsOperatingLossCarryforwardsSubjectToExpiration_iI_pp0p0_c20211231__us-gaap--TaxPeriodAxis__custom--YearOfExpiration2026Member_zdU0dOrNWDA8" style="text-align: right" title="Deferred Tax Assets, Operating Loss Carryforwards"><span style="-sec-ix-hidden: xdx2ixbrl2808">-</span></td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="width: 78%; text-align: left">Thereafter up through 2037</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td id="xdx_983_eus-gaap--DeferredTaxAssetsOperatingLossCarryforwardsSubjectToExpiration_iI_pp0p0_c20211231__us-gaap--TaxPeriodAxis__custom--YearOfExpirationThereafterUpThrough2037Member_zwA10pRWseOd" style="width: 18%; text-align: right" title="Deferred Tax Assets, Operating Loss Carryforwards">1,237,784</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: 1pt">Indefinite carryforwards</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98A_eus-gaap--DeferredTaxAssetsOperatingLossCarryforwardsSubjectToExpiration_iI_pp0p0_c20211231__us-gaap--TaxPeriodAxis__custom--IndefiniteCarryforwardsMember_ztLhMLRWpYse" style="border-bottom: Black 1pt solid; text-align: right">2,742,661</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; 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_98B_eus-gaap--DeferredTaxAssetsOperatingLossCarryforwardsSubjectToExpiration_c20211231_pp0p0" style="border-bottom: Black 2.5pt double; text-align: right" title="Deferred Tax Assets, Operating Loss Carryforwards">3,980,445</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> <p id="xdx_8A4_ztHKoQSJil3g" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">SECURITY NATIONAL FINANCIAL CORPORATION</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">AND SUBSIDIARIES</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Notes to Consolidated Financial Statements</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Years Ended December 31, 2021 and 2020</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p id="xdx_89A_ecustom--SummaryOfIncomeTaxLiabilityTextBlock_zjqW0qrQWNC6" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Company’s income tax liability is summarized as follows:</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> <span id="xdx_8BC_zSQs9Y0KXoPj" style="display: none">Summary of Income Tax Liability</span></span></p> <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: 1pt"> </td> <td colspan="2" id="xdx_493_20211231_zwFJBbhGUDZ6" style="border-bottom: Black 1pt solid; text-align: center">2021</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_498_20201231_zVndAFbcGsl7" style="border-bottom: Black 1pt solid; text-align: center">2020</td><td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom"> <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</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">2021</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">2020</td><td style="padding-bottom: 1pt"> </td></tr> <tr id="xdx_400_eus-gaap--AccruedIncomeTaxesCurrent_iI_maITEBzCXu_zgRXWGV7Rhv8" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 64%">Current</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 14%; text-align: right">(1,558,687</td><td style="width: 1%; text-align: left">)</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 14%; text-align: right">2,595,877</td><td style="width: 1%; text-align: left"> </td></tr> <tr id="xdx_403_eus-gaap--AccruedIncomeTaxesNoncurrent_iI_maITEBzCXu_zkhCJhDh28v8" style="vertical-align: bottom; background-color: White"> <td style="padding-bottom: 1pt">Deferred</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">32,594,783</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">22,662,923</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_409_eus-gaap--AccruedIncomeTaxes_iTI_mtITEBzCXu_z1kow1R99iv3" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-bottom: 2.5pt">Total</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">31,036,096</td><td style="padding-bottom: 2.5pt; 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">25,258,800</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> -1558687 2595877 32594783 22662923 31036096 25258800 <p id="xdx_896_eus-gaap--ScheduleOfDeferredTaxAssetsAndLiabilitiesTableTextBlock_zIj5S98KMhFe" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Significant components of the Company’s deferred tax (assets) and liabilities are approximately as follows:</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> <span id="xdx_8B8_znoHue8XQMU6" style="display: none">Schedule of Deferred Tax Assets and Liabilities</span></span></p> <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: 1pt"> </td> <td colspan="2" id="xdx_49E_20211231_zsdbvGAA4xK6" style="border-bottom: Black 1pt solid; text-align: center">2021</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_496_20201231_zvtNaWvc1d0k" style="border-bottom: Black 1pt solid; text-align: center">2020</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">December 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">2021</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">2020</td><td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td>Assets</td><td> </td> <td colspan="2"> </td><td> </td><td> </td> <td colspan="2"> </td><td> </td></tr> <tr id="xdx_405_eus-gaap--DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsOther_iNI_di_maDTANzWPV_z9i4o2PJP5ue" style="vertical-align: bottom; background-color: White"> <td style="width: 64%; text-align: left">Future policy benefits</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 14%; text-align: right">(13,015,255</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">(12,657,045</td><td style="width: 1%; text-align: left">)</td></tr> <tr id="xdx_401_eus-gaap--DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsLossReserves_iNI_di_maDTANzWPV_zPtN8smpIPU" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Loan loss reserve</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(636,256</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(5,352,942</td><td style="text-align: left">)</td></tr> <tr id="xdx_405_eus-gaap--DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsUnearnedPremiumsReserve_iNI_di_maDTANzWPV_zgfr4Yiy2XA7" style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Unearned premium</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(642,755</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(699,011</td><td style="text-align: left">)</td></tr> <tr id="xdx_40F_eus-gaap--DeferredTaxAssetsOperatingLossCarryforwards_iNI_di_maDTANzWPV_z5IZmV3eMIll" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Net operating loss</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(898,029</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(334,085</td><td style="text-align: left">)</td></tr> <tr id="xdx_404_eus-gaap--DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost_iNI_di_maDTANzWPV_zxuxJhXqt8r4" style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Deferred compensation</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(2,750,406</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(2,833,298</td><td style="text-align: left">)</td></tr> <tr id="xdx_400_eus-gaap--DeferredTaxAssetsDerivativeInstruments_iNI_di_maDTANzWPV_zpYFLBxRUsWg" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Deposit obligations</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(635,878</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(610,041</td><td style="text-align: left">)</td></tr> <tr id="xdx_402_eus-gaap--DeferredTaxAssetsOther_iNI_di_maDTANzWPV_zZSyLN2ZuNJ8" style="vertical-align: bottom; background-color: White"> <td>Other</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(1,712,895</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(1,269,533</td><td style="text-align: left">)</td></tr> <tr id="xdx_401_eus-gaap--DeferredTaxAssetsValuationAllowance_iI_msDTANzWPV_zfYTdBu5WHsg" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 1pt">Less: Valuation allowance</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">882,535</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">961,920</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_40E_eus-gaap--DeferredTaxAssetsNet_iNTI_di_mtDTANzWPV_msDTLzBQD_zhDwToaLUBgb" style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 1pt">Total deferred tax assets</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">(19,408,939</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">(22,794,035</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_406_eus-gaap--DeferredTaxLiabilitiesNetAbstract_iB_zYgg5PaiMv4g" style="vertical-align: bottom; background-color: White"> <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></tr> <tr id="xdx_400_eus-gaap--DeferredTaxLiabilitiesDeferredExpenseOtherCapitalizedCosts_iI_maDITLzdd4_zopUnexntcJk" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Deferred policy acquisition costs</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">17,166,200</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">16,430,001</td><td style="text-align: left"> </td></tr> <tr id="xdx_409_eus-gaap--DeferredTaxLiabilitiesPropertyPlantAndEquipment_iI_maDITLzdd4_z9rhMjT2d1Ol" style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Basis difference in property, equipment and real estate</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">9,247,242</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">5,312,787</td><td style="text-align: left"> </td></tr> <tr id="xdx_408_eus-gaap--DeferredTaxLiabilitiesOther_iI_maDITLzdd4_zpQXvSYtYHxd" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td>Value of business acquired</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">1,768,501</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">1,880,602</td><td style="text-align: left"> </td></tr> <tr id="xdx_402_eus-gaap--DeferredTaxLiabilitiesUnrealizedCurrencyTransactionGains_iI_maDITLzdd4_zLwNd6UMQqWa" style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Deferred gains</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">15,598,360</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">12,124,226</td><td style="text-align: left"> </td></tr> <tr id="xdx_406_eus-gaap--DeferredTaxLiabilitiesInvestmentInNoncontrolledAffiliates_iI_maDITLzdd4_zv20qS7hhG09" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td>Trusts</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">1,064,387</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">1,064,387</td><td style="text-align: left"> </td></tr> <tr id="xdx_40A_eus-gaap--DeferredTaxLiabilitiesUnrealizedGainsOnTradingSecurities_iI_maDITLzdd4_z8pYndmD4sj6" style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 1pt">Tax on unrealized appreciation</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">7,159,032</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">8,644,955</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_40C_eus-gaap--DeferredIncomeTaxLiabilities_iTI_mtDITLzdd4_maDTLzBQD_zxWAI4yhHyNi" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 1pt">Total deferred tax liabilities</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">52,003,722</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">45,456,958</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_407_eus-gaap--DeferredTaxLiabilities_iTI_mtDTLzBQD_zq2wyECNYUE2" style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 2.5pt">Net deferred tax liability</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">32,594,783</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 style="border-bottom: Black 2.5pt double; text-align: right">22,662,923</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> 13015255 12657045 636256 5352942 642755 699011 898029 334085 2750406 2833298 635878 610041 1712895 1269533 882535 961920 19408939 22794035 17166200 16430001 9247242 5312787 1768501 1880602 15598360 12124226 1064387 1064387 7159032 8644955 52003722 45456958 32594783 22662923 <p id="xdx_892_eus-gaap--ScheduleOfComponentsOfIncomeTaxExpenseBenefitTableTextBlock_zt40064Y3nbf" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Company’s income tax expense is summarized as follows:</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> <span id="xdx_8B8_zS9XmLzcngo6" style="display: none">Schedule of Components of Income Tax Expense (Benefit)</span></span></p> <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: 1pt"> </td> <td colspan="2" id="xdx_49B_20210101__20211231_zMUENEhjCEv1" style="border-bottom: Black 1pt solid; text-align: center">2021</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_494_20200101__20201231_zfxBMiD9yfLd" style="border-bottom: Black 1pt solid; text-align: center">2020</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">December 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">2021</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">2020</td><td style="padding-bottom: 1pt"> </td></tr> <tr id="xdx_405_eus-gaap--CurrentFederalStateAndLocalTaxExpenseBenefitAbstract_iB_zVcDTpEPIS13" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td>Current</td><td> </td> <td colspan="2"> </td><td> </td><td> </td> <td colspan="2"> </td><td> </td></tr> <tr id="xdx_409_eus-gaap--CurrentFederalTaxExpenseBenefit_maCFSALzvy0_z8vVu4cpMRde" style="vertical-align: bottom; background-color: White"> <td style="padding-left: 10pt; width: 64%">Federal</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 14%; text-align: right">629,921</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">10,678,612</td><td style="width: 1%; text-align: left"> </td></tr> <tr id="xdx_402_eus-gaap--CurrentStateAndLocalTaxExpenseBenefit_maCFSALzvy0_zOu7utmfdirh" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 10pt; padding-bottom: 1pt">State</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">343,428</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">2,320,233</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_404_eus-gaap--CurrentFederalStateAndLocalTaxExpenseBenefit_iT_mtCFSALzvy0_maITEBzKeK_zAyemKXobmAl" style="vertical-align: bottom; background-color: White"> <td><span style="display: none; font-family: Times New Roman, Times, Serif; font-size: 10pt">Total Current Income Tax Expense (Benefit)</span></td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">973,349</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">12,998,845</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 id="xdx_408_eus-gaap--DeferredFederalStateAndLocalTaxExpenseBenefitAbstract_iB_zkAeSdsPNS4j" style="vertical-align: bottom; background-color: White"> <td>Deferred</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: 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--DeferredFederalIncomeTaxExpenseBenefit_maDFSALzt2j_zILR0AErXBGh" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 10pt">Federal</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">9,832,556</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">2,677,943</td><td style="text-align: left"> </td></tr> <tr id="xdx_40D_eus-gaap--DeferredStateAndLocalIncomeTaxExpenseBenefit_maDFSALzt2j_zrMu4y2Cej9d" style="vertical-align: bottom; background-color: White"> <td style="padding-left: 10pt; padding-bottom: 1pt">State</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">1,475,880</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">176,726</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_40A_eus-gaap--DeferredFederalStateAndLocalTaxExpenseBenefit_iT_mtDFSALzt2j_maITEBzKeK_ztZnE3RG9QMb" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-bottom: 1pt"><span style="display: none; font-family: Times New Roman, Times, Serif; font-size: 10pt">Total Deferred Income Tax Expense (Benefit)</span></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">11,308,436</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">2,854,669</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_40F_eus-gaap--IncomeTaxExpenseBenefit_iT_mtITEBzKeK_zktSkhAA4z8l" style="vertical-align: bottom; background-color: White"> <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">12,281,785</td><td style="padding-bottom: 2.5pt; 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">15,853,514</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> 629921 10678612 343428 2320233 973349 12998845 9832556 2677943 1475880 176726 11308436 2854669 12281785 15853514 <p id="xdx_896_eus-gaap--ScheduleOfEffectiveIncomeTaxRateReconciliationTableTextBlock_z5VMLOu9m0R9" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The reconciliation of income tax expense at the U.S. federal statutory rates is as follows:</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> <span id="xdx_8B4_z2hhoLNyEqc5" style="display: none">Schedule of Effective Income Tax Rate Reconciliation</span></span></p> <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: 1pt"> </td> <td colspan="2" id="xdx_49B_20210101__20211231_zWEVXJtpcAGl" style="border-bottom: Black 1pt solid; text-align: center">2021</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_494_20200101__20201231_zOe6KCcAtwU5" style="border-bottom: Black 1pt solid; text-align: center">2020</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">December 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">2021</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">2020</td><td style="padding-bottom: 1pt"> </td></tr> <tr id="xdx_405_eus-gaap--IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate_maITEBzbFm_z8W8IcPsGz6e" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 64%; text-align: left">Computed expense at statutory rate</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 14%; text-align: right">10,878,163</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">15,004,527</td><td style="width: 1%; text-align: left"> </td></tr> <tr id="xdx_406_eus-gaap--IncomeTaxReconciliationStateAndLocalIncomeTaxes_maITEBzbFm_zQzrj6vQz4Ha" style="vertical-align: bottom; background-color: White"> <td style="text-align: left">State tax expense, net of federal tax benefit</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">1,437,255</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">1,972,598</td><td style="text-align: left"> </td></tr> <tr id="xdx_40E_eus-gaap--IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance_maITEBzbFm_zCYGio1sQroc" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Change in valuation allowance</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(79,385</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(1,477,474</td><td style="text-align: left">)</td></tr> <tr id="xdx_400_eus-gaap--IncomeTaxReconciliationOtherAdjustments_maITEBzbFm_zl8F6sR1oXxg" style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 1pt">Other, net</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">45,752</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">353,863</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_409_eus-gaap--IncomeTaxExpenseBenefit_iT_mtITEBzbFm_zjAItptZt1nj" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 2.5pt">Income tax expense</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">12,281,785</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">15,853,514</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> 10878163 15004527 1437255 1972598 -79385 -1477474 45752 353863 12281785 15853514 0.237 0.222 0.21 <p id="xdx_89D_eus-gaap--SummaryOfOperatingLossCarryforwardsTextBlock_zTRqPDQ8bntk" style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0pt; margin-bottom: 0pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Net Operating Losses and Tax Credit Carryforwards:</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> <span id="xdx_8BE_ztJ4zSXoSDie" style="display: none">Summary of Operating Loss Carryforwards</span></span></p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 40%"> <tr style="vertical-align: bottom"> <td style="border-bottom: Black 1pt solid; text-align: left">Year of Expiration</td><td style="padding-bottom: 1pt"> </td> <td colspan="2"> </td><td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">2022</td><td> </td> <td style="text-align: left">$</td><td id="xdx_982_eus-gaap--DeferredTaxAssetsOperatingLossCarryforwardsSubjectToExpiration_c20211231__us-gaap--TaxPeriodAxis__custom--YearOfExpiration2022Member_pp0p0" style="text-align: right" title="Deferred Tax Assets, Operating Loss Carryforwards"><span style="-sec-ix-hidden: xdx2ixbrl2800">-</span></td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left">2023</td><td> </td> <td style="text-align: left"> </td><td id="xdx_983_eus-gaap--DeferredTaxAssetsOperatingLossCarryforwardsSubjectToExpiration_c20211231__us-gaap--TaxPeriodAxis__custom--YearOfExpiration2023Member_pp0p0" style="text-align: right" title="Deferred Tax Assets, Operating Loss Carryforwards"><span style="-sec-ix-hidden: xdx2ixbrl2802">-</span></td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">2024</td><td> </td> <td style="text-align: left"> </td><td id="xdx_984_eus-gaap--DeferredTaxAssetsOperatingLossCarryforwardsSubjectToExpiration_c20211231__us-gaap--TaxPeriodAxis__custom--YearOfExpiration2024Member_pp0p0" style="text-align: right" title="Deferred Tax Assets, Operating Loss Carryforwards"><span style="-sec-ix-hidden: xdx2ixbrl2804">-</span></td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left">2025</td><td> </td> <td style="text-align: left"> </td><td id="xdx_985_eus-gaap--DeferredTaxAssetsOperatingLossCarryforwardsSubjectToExpiration_c20211231__us-gaap--TaxPeriodAxis__custom--YearOfExpiration2025Member_pp0p0" style="text-align: right" title="Deferred Tax Assets, Operating Loss Carryforwards"><span style="-sec-ix-hidden: xdx2ixbrl2806">-</span></td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">2026</td><td> </td> <td style="text-align: left"> </td><td id="xdx_983_eus-gaap--DeferredTaxAssetsOperatingLossCarryforwardsSubjectToExpiration_iI_pp0p0_c20211231__us-gaap--TaxPeriodAxis__custom--YearOfExpiration2026Member_zdU0dOrNWDA8" style="text-align: right" title="Deferred Tax Assets, Operating Loss Carryforwards"><span style="-sec-ix-hidden: xdx2ixbrl2808">-</span></td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="width: 78%; text-align: left">Thereafter up through 2037</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td id="xdx_983_eus-gaap--DeferredTaxAssetsOperatingLossCarryforwardsSubjectToExpiration_iI_pp0p0_c20211231__us-gaap--TaxPeriodAxis__custom--YearOfExpirationThereafterUpThrough2037Member_zwA10pRWseOd" style="width: 18%; text-align: right" title="Deferred Tax Assets, Operating Loss Carryforwards">1,237,784</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: 1pt">Indefinite carryforwards</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98A_eus-gaap--DeferredTaxAssetsOperatingLossCarryforwardsSubjectToExpiration_iI_pp0p0_c20211231__us-gaap--TaxPeriodAxis__custom--IndefiniteCarryforwardsMember_ztLhMLRWpYse" style="border-bottom: Black 1pt solid; text-align: right">2,742,661</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; 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_98B_eus-gaap--DeferredTaxAssetsOperatingLossCarryforwardsSubjectToExpiration_c20211231_pp0p0" style="border-bottom: Black 2.5pt double; text-align: right" title="Deferred Tax Assets, Operating Loss Carryforwards">3,980,445</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> 1237784 2742661 3980445 <p id="xdx_800_eus-gaap--CommitmentsAndContingenciesDisclosureTextBlock_zU1HcfGuzLaf" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">10) <span style="text-decoration: underline"><span id="xdx_82A_zDmAfsKKfRi9">Reinsurance, Commitments and Contingencies</span></span></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Reinsurance</b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Company follows the procedure of reinsuring risks in excess of a specified limit, which ranged from $<span id="xdx_908_eus-gaap--ReinsurancePayable_iI_pp0p0_c20201231_zSTkf38J9n5i" title="Reinsurance payable">25,000</span> to $<span id="xdx_908_eus-gaap--ReinsurancePayable_iI_pp0p0_c20211231_zkzgrPwAWH0a" title="Reinsurance payable">100,000</span> during the years 2021 and 2020. The Company is liable for these amounts in the event such reinsurers are unable to pay their portion of the claims. The Company has also assumed insurance from other companies having insurance in force amounting to approximately $<span id="xdx_90F_esrt--LifeInsuranceInForceAssumed_iI_c20211231_zLRStqikHlGh" title="Assumed insurance">129,000,000</span> and approximately $<span id="xdx_906_esrt--LifeInsuranceInForceAssumed_iI_c20201231_zvACIdFf3p0i" title="Assumed insurance">96,000,000</span> at December 31, 2021 and 2020, respectively. See Financial Statement Schedule IV for information regarding premiums for direct business, reinsurance assumed and reinsurance ceded.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Mortgage Loan Loss Settlements</b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Future loan losses can be extremely difficult to estimate. However, the Company believes that its reserve methodology and its current practice of property preservation allow it to estimate potential losses on loans sold. The estimated liability for indemnification losses is included in other liabilities and accrued expenses and, as of December 31, 2021 and 2020, the balances were $<span id="xdx_900_eus-gaap--AccruedLiabilitiesAndOtherLiabilities_iI_pp0p0_c20211231_zTfMeY6ijj18" title="Other liabilities and accrued expenses">2,447,000</span> and $<span id="xdx_90C_eus-gaap--AccruedLiabilitiesAndOtherLiabilities_iI_pp0p0_c20201231_zjd9G2qt5E85" title="Other liabilities and accrued expenses">20,584,000</span>, respectively. The Company believes that the loan loss reserve as of December 31, 2021, represents its best estimate for adequate loss reserves on loans sold.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Mortgage Loan Loss Litigation</b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Settlement Agreement and Mutual Release with Lehman Brothers Holdings Inc.</b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">From 2004 to early 2008, SecurityNational Mortgage Company (“SecurityNational Mortgage”), a wholly owned subsidiary of the Company, originated “limited documentation” or “reduced documentation” loans which were sold to certain affiliates of Lehman Brothers Holdings Inc. (“Lehman Holdings”). Certain of these loans became the subject of disputes between SecurityNational Mortgage and Lehman Holdings and certain Lehman Holdings affiliates. Lehman Holdings filed a Petition for Relief under Chapter 11 of the United States Bankruptcy Code in 2008. In May of 2011, SecurityNational Mortgage filed a complaint in U.S. District Court against certain Lehman Holdings affiliates. In June of 2011, Lehman Holdings filed a complaint in Federal District Court against SecurityNational Mortgage, both the complaint filed in May 2011 and that filed in June 2011 were later resolved. In 2016, certain other pending loan disputes between SecurityNational Mortgage and Lehman Holdings became the subject of an unsuccessful, non-binding alternate dispute resolution mediation proceeding.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Thereafter, in 2016, Lehman Holdings filed an adversary proceeding complaint against approximately 150 mortgage loan originators, including SecurityNational Mortgage, in the U.S. Bankruptcy Court of the Southern District of New York, which included seeking damages relating to the alleged obligations of the defendants under indemnification provisions of alleged agreements, in amounts to be determined at trial, including interest, attorneys’ fees and costs incurred by Lehman Holdings in enforcing the obligations of the defendants. The complaint was later amended with the latest amended complaint filed against SecurityNational Mortgage on December 27, 2016, seeking damages to be determined at trial, including interest, attorneys’ fees and costs. This complaint involved approximately 135 mortgage loans, there being millions of dollars allegedly in dispute. These claims against SecurityNational Mortgage were asserted as a result of Lehman Holdings’ earlier settlements with the Federal National Mortgage Association (“Fannie Mae”) and the Federal Home Loan Corporation (“Freddie Mac”).</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">In 2018, Lehman Holdings filed a separate adversary proceeding complaint against SecurityNational Mortgage. This adversary proceeding allegedly involved approximately 577 mortgage loans relative to private securitization trusts (“RMBS Loans”) and millions of dollars in damages. Thereafter, Lehman Holdings made a filing that effectively reduced the number of RMBS Loans to 248. This proceeding was in addition to the above-referenced proceeding involving the Fannie Mae and Freddie Mac mortgage loans. As with the above-referenced proceeding, damages were sought including interest, costs, and attorneys’ fees.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">SecurityNational Mortgage, as well as other defendants, have been involved in written discovery, and production of documents relative to the cases, and the filing of motions. The deposition phase of the cases was yet to begin, as well as the later expert witness phase. Those phases would require substantial expenditures of legal fees and costs.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">SECURITY NATIONAL FINANCIAL CORPORATION</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">AND SUBSIDIARIES</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Notes to Consolidated Financial Statements</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Years Ended December 31, 2021 and 2020</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">10) <span style="text-decoration: underline">Reinsurance, Commitments and Contingencies</span> (Continued)</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">On February 1, 2021, SecurityNational Mortgage executed a settlement agreement with Lehman Holdings in relation to these two adversary proceedings wherein all mortgage loan related claims were resolved, thereby ending all liabilities asserted by Lehman Holdings and conclusively ending all proceedings between SecurityNational Mortgage and Lehman Holdings. The full amount of SecurityNational Mortgage’s settlement payment was accounted for in the Company’s loan loss reserve as of December 31, 2020 and was paid during the first quarter 2021.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Non-Cancelable Leases</b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Company leases office space and equipment under various non-cancelable agreements. See Note 24 regarding leases.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Other Contingencies and Commitments</b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">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 December 31, 2021, the Company’s commitments were approximately $<span id="xdx_90D_eus-gaap--OtherCommitment_iI_pp0p0_c20211231_ztD3IL5itBFh" title="Other commitments">329,903,000</span>, for these loans of which $<span id="xdx_903_ecustom--PaymentForOtherLiabilities_pp0p0_c20210101__20211231_ze3EhRB1cOQe" title="Payment for other liabilities">179,674,000</span> had been funded. The Company advances funds once the work has been completed and an independent inspection is made. The maximum loan commitment ranges between <span id="xdx_908_ecustom--LoanCommitmentRanges_iI_dp_uPure_c20211231__us-gaap--DebtInstrumentAxis__us-gaap--LoansMember__srt--RangeAxis__srt--MinimumMember_zAQE4I6lehqi" title="Loan commitment ranges">50</span>% and <span id="xdx_901_ecustom--LoanCommitmentRanges_iI_dp_uPure_c20211231__us-gaap--DebtInstrumentAxis__us-gaap--LoansMember__srt--RangeAxis__srt--MaximumMember_zF6Z2v6MgSa3" title="Loan commitment ranges">80</span>% of appraised value. The Company receives fees and interest for these loans and the interest rate is generally fixed <span id="xdx_90B_eus-gaap--DebtInstrumentInterestRateStatedPercentage_iI_dp_uPure_c20211231__us-gaap--DebtInstrumentAxis__us-gaap--LoansMember__srt--RangeAxis__srt--MinimumMember_zX9Fy50GT1Xj" title="Interest rate">5.50</span>% to <span id="xdx_90A_eus-gaap--DebtInstrumentInterestRateStatedPercentage_iI_dp_uPure_c20211231__us-gaap--DebtInstrumentAxis__us-gaap--LoansMember__srt--RangeAxis__srt--MaximumMember_z4f62zdNKmLd" title="Interest rate">8.00</span>% per annum. Maturities range between six and eighteen months.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">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.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b> </b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Company is a defendant in various other legal actions arising from the normal conduct of business. Management believes that none of the actions 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.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">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.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">SECURITY NATIONAL FINANCIAL CORPORATION</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">AND SUBSIDIARIES</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Notes to Consolidated Financial Statements</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Years Ended December 31, 2021 and 2020</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> 25000 100000 129000000 96000000 2447000 20584000 329903000 179674000 0.50 0.80 0.0550 0.0800 <p id="xdx_80C_eus-gaap--PensionAndOtherPostretirementBenefitsDisclosureTextBlock_z2LDp1Y4wVW7" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">11) <span style="text-decoration: underline"><span id="xdx_825_zbALtYaVWAcd">Retirement Plans</span></span></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Company and its subsidiaries had a noncontributory Employee Stock Ownership Plan (“ESOP”) for all eligible employees. Eligible employees are primarily those with more than one year of service, who work in excess of 1,000 hours per year. Contributions, which may be in cash or stock of the Company, are determined annually by the Board of Directors. The Company’s contributions are allocated to eligible employees based on the ratio of each eligible employee’s compensation to total compensation for all eligible employees during each year. The Company did not make any contributions for the years ended December 31, 2021 and 2020. On November 25, 2019, the Company distributed a notice of intent to terminate the ESOP Plan to all current plan participants. The Company also filed Form 5310 application for determination for terminating plan, with the IRS on December 6, 2019. As of the 4^th quarter of 2020, the Company began to distribute the ESOP Plan assets to participants that had made a distribution election. The Company received approval of its application from the IRS and distributed all the remaining ESOP Plan assets to the participants during 2021.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Company has three 401(k) savings plans covering all eligible employees which includes employer participation in accordance with the provisions of Section 401(k) of the Internal Revenue Code. The plans allow participants to make pretax contributions up to a maximum of $<span id="xdx_904_ecustom--PretaxContributions_c20210101__20211231__us-gaap--PlanNameAxis__custom--EmployeeStockOwnershipPlanESOPPlanMember_pp0p0" title="Pretax contributions">19,500</span> and $<span id="xdx_906_ecustom--PretaxContributions_c20200101__20201231__us-gaap--PlanNameAxis__custom--EmployeeStockOwnershipPlanESOPPlanMember_pp0p0" title="Pretax contributions">19,500</span> for the years 2021 and 2020, respectively or the statutory limits. Beginning in January 2008, the Company elected to be a “Safe Harbor” Plan for its matching 401(k) contributions. <span id="xdx_905_eus-gaap--DeferredCompensationArrangementWithIndividualDescription_pp0p0_c20200101__20201231__us-gaap--PlanNameAxis__custom--EmployeeStockOwnershipPlanESOPPlanMember_zpLSSV7yXIkd" title="Employees stock ownership plan description">The Company matched 100% of up to 3% of an employee’s total annual compensation and matched 50% of 4% to 5% of an employee’s annual compensation.</span> The match was in Company stock. The Company’s contribution for the years ended December 31, 2021 and 2020 was $<span id="xdx_902_eus-gaap--EmployeeStockOwnershipPlanESOPCashContributionsToESOP_c20210101__20211231__us-gaap--PlanNameAxis__custom--EmployeeStockOwnershipPlanESOPPlanMember_pp0p0" title="Contribution to plan">2,820,315</span> and $<span id="xdx_900_eus-gaap--EmployeeStockOwnershipPlanESOPCashContributionsToESOP_c20200101__20201231__us-gaap--PlanNameAxis__custom--EmployeeStockOwnershipPlanESOPPlanMember_pp0p0" title="Contribution to plan">1,690,568</span>, respectively under the “Safe Harbor” plan.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">In 2001, the Company’s Board of Directors adopted a Non-Qualified Deferred Compensation Plan, and this plan was amended in 2005. Under the terms of the Plan, the Company will provide deferred compensation for a select group of management or highly compensated employees, within the meaning of Sections 201(2), 301(a)(3) and 401(a)(1) of the Employee Retirement Income Security Act of 1974, as amended. The Board has appointed a Committee of the Company to be the Plan Administrator and to determine the employees who are eligible to participate in the plan. The employees who participate may elect to defer a portion of their compensation into the plan. The Company may contribute into the plan at the discretion of the Company’s Board of Directors. The Company did not make any contributions for 2021 and 2020.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span id="xdx_908_eus-gaap--DeferredCompensationArrangementWithIndividualDescription_pp0p0_c20200101__20201231__us-gaap--PlanNameAxis__custom--EmployeeStockOwnershipPlanESOPPlanMember__srt--TitleOfIndividualAxis__srt--ExecutiveOfficerMember_zSKlIdzLC5zh">Effective December 4, 2018, the Board members approved a motion to extend the Chief Executive Officer’s employment agreement, dated December 4, 2012, for an additional four-year term ending December 2022. In the event of disability, the Chief Executive Officer’s salary would be continued for up to five years at 75% of its current level of compensation. In the event of a sale or merger of the Company and the Chief Executive Officer is not retained in his current position, the Company would be obligated to continue paying the Chief Executive Officer’s current compensation and benefits for seven years following the merger or sale. The agreement further provides that the Chief Executive Officer is entitled to receive annual retirement benefits beginning (i) one month from the date of his retirement (to commence no sooner than age 65), (ii) five years following complete disability, or (iii) upon termination of his employment without cause. These retirement benefits are to be paid for a period of twenty years in annual installments in the amount equal to 75% of his then current level of compensation.</span> In the event that the Chief Executive Officer dies prior to receiving all retirement benefits thereunder, the remaining benefits are to be paid to his heirs. The Company expensed $<span id="xdx_90D_eus-gaap--EmployeeStockOwnershipPlanESOPCompensationExpense_c20210101__20211231__us-gaap--PlanNameAxis__custom--EmployeeStockOwnershipPlanESOPPlanMember_pp0p0" title="Compensation expenses">900,000</span> and $<span id="xdx_90F_eus-gaap--EmployeeStockOwnershipPlanESOPCompensationExpense_c20200101__20201231__us-gaap--PlanNameAxis__custom--EmployeeStockOwnershipPlanESOPPlanMember_pp0p0" title="Compensation expenses">900,000</span> during the years ended December 31, 2021 and 2020, respectively, to cover the present value of anticipated retirement benefits under the employment agreement. The liability accrued was $<span id="xdx_908_ecustom--PresentValueOfAnticipatedBenefits_c20210101__20211231__us-gaap--PlanNameAxis__custom--EmployeeStockOwnershipPlanESOPPlanMember_pp0p0" title="Present value of anticipated benefits">7,556,363</span> and $<span id="xdx_905_ecustom--PresentValueOfAnticipatedBenefits_c20200101__20201231__us-gaap--PlanNameAxis__custom--EmployeeStockOwnershipPlanESOPPlanMember_pp0p0" title="Present value of anticipated benefits">6,656,363</span> as of December 31, 2021 and 2020, respectively.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">SECURITY NATIONAL FINANCIAL CORPORATION</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">AND SUBSIDIARIES</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Notes to Consolidated Financial Statements</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Years Ended December 31, 2021 and 2020</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">11) <span style="text-decoration: underline">Retirement Plans</span> (Continued)</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Company, through its wholly owned subsidiary, SecurityNational Mortgage, also has an employment agreement with its former Vice President of Mortgage Operations and President of SecurityNational Mortgage, who retired from the Company on December 31, 2015. <span id="xdx_90B_eus-gaap--GeneralDiscussionOfPensionAndOtherPostretirementBenefits_pp0p0_c20210101__20211231__us-gaap--PlanNameAxis__custom--EmployeeStockOwnershipPlanESOPPlanMember_zBwCjJHFG3Yf" title="Retirement description">Under the terms of the employment agreement, this individual is entitled to receive retirement benefits from the Company for a period of ten years in an amount equal to 50% of his rate of compensation at the time of his retirement</span>, which was $<span id="xdx_909_eus-gaap--DefinedBenefitPlanNetPeriodicBenefitCost_pp0p0_c20210101__20211231__us-gaap--PlanNameAxis__custom--EmployeeStockOwnershipPlanESOPPlanMember_zdGVsuuFj7tb" title="Retirement compensation">267,685</span> for the year ended December 31, 2015. Such retirement payments are paid monthly during the ten-year period. In the event that this individual dies prior to receiving all of his retirement benefits under his employment agreement, the remaining benefits will be made to his heirs. The company paid $<span id="xdx_907_ecustom--PaymentToRetirementCompensation_c20210101__20211231__us-gaap--PlanNameAxis__custom--EmployeeStockOwnershipPlanESOPPlanMember_pp0p0" title="Payment to retirement compensation">133,843</span> and $<span id="xdx_905_ecustom--PaymentToRetirementCompensation_c20200101__20201231__us-gaap--PlanNameAxis__custom--EmployeeStockOwnershipPlanESOPPlanMember_pp0p0" title="Payment to retirement compensation">133,843</span> in retirement compensation to this individual during the years ended December 31, 2021 and 2020, respectively. The liability accrued was $<span id="xdx_908_eus-gaap--DefinedBenefitPlanBenefitObligation_iI_pp0p0_c20211231__us-gaap--PlanNameAxis__custom--EmployeeStockOwnershipPlanESOPPlanMember_zfsWCQVWFLxj" title="Accrued liability of retirement plan">535,370 </span>and $<span id="xdx_90A_eus-gaap--DefinedBenefitPlanBenefitObligation_iI_pp0p0_c20201231__us-gaap--PlanNameAxis__custom--EmployeeStockOwnershipPlanESOPPlanMember_zQkuR1yuddf6" title="Accrued liability of retirement plan">669,212</span> as of December 31, 2021 and 2020, respectively and is included in Other liabilities and accrued expenses on the consolidated balance sheets.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> 19500 19500 The Company matched 100% of up to 3% of an employee’s total annual compensation and matched 50% of 4% to 5% of an employee’s annual compensation. 2820315 1690568 Effective December 4, 2018, the Board members approved a motion to extend the Chief Executive Officer’s employment agreement, dated December 4, 2012, for an additional four-year term ending December 2022. In the event of disability, the Chief Executive Officer’s salary would be continued for up to five years at 75% of its current level of compensation. In the event of a sale or merger of the Company and the Chief Executive Officer is not retained in his current position, the Company would be obligated to continue paying the Chief Executive Officer’s current compensation and benefits for seven years following the merger or sale. The agreement further provides that the Chief Executive Officer is entitled to receive annual retirement benefits beginning (i) one month from the date of his retirement (to commence no sooner than age 65), (ii) five years following complete disability, or (iii) upon termination of his employment without cause. These retirement benefits are to be paid for a period of twenty years in annual installments in the amount equal to 75% of his then current level of compensation. 900000 900000 7556363 6656363 Under the terms of the employment agreement, this individual is entitled to receive retirement benefits from the Company for a period of ten years in an amount equal to 50% of his rate of compensation at the time of his retirement 267685 133843 133843 535370 669212 <p id="xdx_807_eus-gaap--StockholdersEquityNoteDisclosureTextBlock_zZAuFG8AfkT9" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">12) <span style="text-decoration: underline"><span id="xdx_82B_z98QYkRrnnCk">Capital Stock</span></span></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b> </b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Company has one class of preferred stock of $<span id="xdx_909_eus-gaap--PreferredStockParOrStatedValuePerShare_iI_c20211231_zbLquxwkLrk3" title="Preferred stock, par value">1.00</span> par value, <span id="xdx_90E_eus-gaap--PreferredStockSharesAuthorized_iI_c20211231_zAielKBWM4f5" title="Preferred stock, shares authorized">5,000,000</span> shares authorized, of which <span id="xdx_900_eus-gaap--PreferredStockSharesIssued_iI_do_c20211231_zStl3513Pda7" title="Preferred stock, shares issued">no</span>ne are issued. The preferred stock is non-voting.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Company has two classes of common stock with shares outstanding, Class A common shares and Class C common shares. <span id="xdx_906_eus-gaap--CommonStockVotingRights_c20210101__20211231_zieavPvbGlkg" title="Common stock voting rights">Class C shares have 10 votes per share on all matters except for the election of one third of the directors who are elected solely by the Class A shares. </span>Class C shares are convertible into Class A shares at any time on a one to one ratio. The decrease in treasury stock was the result of treasury stock being used to fund the company’s 401(k) and deferred compensation plans.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span id="xdx_90B_eus-gaap--SaleOfStockDescriptionOfTransaction_c20210101__20211231_zJdMYdvDcbNh" title="Stockholders dividends descriptions">Stockholders of both Class A and Class C common stock have received 5% stock dividends in the years 1990 through 2019, a 7.5% stock dividend in the year 2020, and a 5% stock dividend in the year 2021, as authorized by the Company’s Board of Directors.</span></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Company has Class B common stock of $<span id="xdx_904_eus-gaap--CommonStockParOrStatedValuePerShare_iI_c20211231__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassBMember_zQNcNYR5svOg" title="Common Stock, Par or Stated Value Per Share">1.00</span> par value, <span id="xdx_908_eus-gaap--CommonStockSharesAuthorized_iI_c20211231__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassBMember_zpVZ4Kdsm0Lj" title="Common Stock, Shares Authorized">5,000,000</span> shares authorized, of which <span id="xdx_906_eus-gaap--CommonStockSharesIssued_iI_do_c20211231__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassBMember_z9tlvaZh6xI" title="Common Stock, Shares, Issued"><span title="Common Stock, Shares, Outstanding">no</span></span>ne are issued. Class B shares are non-voting stock except to any proposed amendment to the Articles of Incorporation which would affect Class B common stock.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p id="xdx_898_eus-gaap--ScheduleOfConversionsOfStockTextBlock_zRlzRIiAqod7" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The following table summarizes the activity in shares of capital stock.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> <span id="xdx_8BA_zlU3fLSu5x7h" style="display: none">Summary of Activities in Shares of Capital Stock</span></span></p> <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" 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" style="border-bottom: Black 1pt solid; text-align: center">Class C</td><td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 64%; padding-bottom: 2.5pt">Outstanding shares at December 31, 2019</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_984_eus-gaap--CommonStockOtherSharesOutstanding_iS_c20200101__20201231__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_zUkTh69EROmc" style="border-bottom: Black 2.5pt double; width: 14%; text-align: right" title="Common Stock, Shares, Outstanding">16,107,779</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_980_eus-gaap--CommonStockOtherSharesOutstanding_iS_c20200101__20201231__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassCMember_zUBdqvbfybCe" style="border-bottom: Black 2.5pt double; width: 14%; text-align: right" title="Common Stock, Shares, Outstanding">2,500,887</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 style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="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">Exercise of stock options</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98F_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOtherShareIncreaseDecrease_c20200101__20201231__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_zYw6nif6mse5" style="text-align: right" title="Exercise of stock options">68,970</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98F_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOtherShareIncreaseDecrease_c20200101__20201231__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassCMember_zuHrgd78gyyb" style="text-align: right" title="Exercise of stock options">130,820</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-left: 10pt; text-align: left">Stock dividends</td><td> </td> <td style="text-align: left"> </td><td id="xdx_986_eus-gaap--StockDividendsShares_c20200101__20201231__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_z9ymRXJEbn04" style="text-align: right" title="Stock dividends">405,210</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_982_eus-gaap--StockDividendsShares_c20200101__20201231__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassCMember_zNPO2FFEoj4k" style="text-align: right" title="Stock dividends">61,720</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">Conversion of Class C to Class A</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98A_eus-gaap--ConversionOfStockSharesIssued1_c20200101__20201231__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_pdd" style="text-align: right" title="Conversion of Class C to Class A">13,824</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_984_eus-gaap--ConversionOfStockSharesIssued1_c20200101__20201231__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassCMember_pdd" style="text-align: right" title="Conversion of Class C to Class A">(13,824</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></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-bottom: 2.5pt">Outstanding shares at December 31, 2020</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--CommonStockOtherSharesOutstanding_iS_c20210101__20211231__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_zW0FqGsRGMG1" style="border-bottom: Black 2.5pt double; text-align: right" title="Common Stock, Shares, Outstanding">16,595,783</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_988_eus-gaap--CommonStockOtherSharesOutstanding_iS_c20210101__20211231__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassCMember_zCsfc1rZBZ43" style="border-bottom: Black 2.5pt double; text-align: right" title="Common Stock, Shares, Outstanding">2,679,603</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-left: 10pt">Exercise of stock options</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98C_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOtherShareIncreaseDecrease_c20210101__20211231__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_zzACBeWQgYj" style="text-align: right" title="Exercise of stock options">160,282</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_982_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOtherShareIncreaseDecrease_c20210101__20211231__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassCMember_zwSy6PLGVDni" style="text-align: right" title="Exercise of stock options">104,656</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-left: 10pt; text-align: left">Stock dividends</td><td> </td> <td style="text-align: left"> </td><td id="xdx_986_eus-gaap--StockDividendsShares_c20210101__20211231__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_z8AYIKrOJH7e" style="text-align: right" title="Stock dividends">837,410</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_982_eus-gaap--StockDividendsShares_c20210101__20211231__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassCMember_zbtwcMZ0YYgj" style="text-align: right" title="Stock dividends">131,553</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">Conversion of Class C to Class A</td><td> </td> <td style="text-align: left"> </td><td id="xdx_985_eus-gaap--ConversionOfStockSharesIssued1_c20210101__20211231__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_z3YhSojDaCmd" style="text-align: right" title="Conversion of Class C to Class A">49,247</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_985_eus-gaap--ConversionOfStockSharesIssued1_c20210101__20211231__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassCMember_zVXyZLiIZXH6" style="text-align: right" title="Conversion of Class C to Class A">(49,247</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></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-bottom: 2.5pt">Outstanding shares at December 31, 2021</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--CommonStockOtherSharesOutstanding_iE_c20210101__20211231__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_zY7RrQrK98Lg" style="border-bottom: Black 2.5pt double; text-align: right" title="Common Stock, Shares, Outstanding">17,642,722</td><td style="padding-bottom: 2.5pt; 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--CommonStockOtherSharesOutstanding_iE_c20210101__20211231__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassCMember_zli5NTgRXF5c" style="border-bottom: Black 2.5pt double; text-align: right" title="Common Stock, Shares, Outstanding">2,866,565</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> <p id="xdx_8A8_z7dCX0S1d6X8" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">SECURITY NATIONAL FINANCIAL CORPORATION</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">AND SUBSIDIARIES</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Notes to Consolidated Financial Statements</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Years Ended December 31, 2021 and 2020</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">12) <span style="text-decoration: underline">Capital Stock</span> (Continued)</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b> </b></span></p> <p id="xdx_897_eus-gaap--ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock_zlSMWnV7c8Qg" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">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:</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> <span id="xdx_8BB_zPCqcBgMZ9ef" style="display: none">Schedule of Earnings Per Share, Basic and Diluted</span></span></p> <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: 1pt"> </td> <td colspan="2" id="xdx_494_20210101__20211231_zAJHR5L7LwF5" style="border-bottom: Black 1pt solid; text-align: center">2021</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_49D_20200101__20201231_zbcFK2Xtsjcf" style="border-bottom: Black 1pt solid; text-align: center">2020</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">Years Ended December 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">2021</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">2020</td><td style="padding-bottom: 1pt"> </td></tr> <tr id="xdx_40C_eus-gaap--EarningsPerShareBasicAndDilutedAbstract_iB" 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_40B_eus-gaap--NetIncomeLoss_i01_pp0p0_zDk6vqqquyA1" style="vertical-align: bottom; background-color: White"> <td style="padding-left: 10pt; width: 64%; 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: 14%; text-align: right">39,518,990</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: 14%; text-align: right">55,596,613</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> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: 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--WeightedAverageNumberOfSharesOutstandingAbstract_iB" style="vertical-align: bottom; background-color: White"> <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_408_eus-gaap--WeightedAverageNumberOfSharesOutstandingBasic_i01_zpDfCgDv9HOh" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 10pt; padding-bottom: 1pt">Denominator for basic earnings per share-weighted-average shares</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">20,154,878</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">19,788,984</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 style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 10pt; 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_40A_eus-gaap--IncrementalCommonSharesAttributableToCallOptionsAndWarrants_i01_pdd" style="vertical-align: bottom; background-color: White"> <td style="padding-left: 20pt; text-align: left; padding-bottom: 1pt">Employee stock options</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">774,206</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">465,423</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_40A_eus-gaap--IncrementalCommonSharesAttributableToConversionOfDebtSecurities_i01_pdd" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 1pt">Dilutive potential common shares</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">774,206</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">465,423</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 style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 10pt; padding-bottom: 1pt">Denominator for diluted earnings per share-adjusted weighted-average</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_40D_ecustom--AdjustedweightedAverageSharesAndAssumedConversions_i01_pdd" style="vertical-align: bottom; background-color: White"> <td style="padding-left: 20pt; text-align: left; padding-bottom: 2.5pt">shares and assumed conversions</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">20,929,084</td><td style="padding-bottom: 2.5pt; 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">20,254,407</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_40D_eus-gaap--EarningsPerShareBasic_i_pdd" style="vertical-align: bottom; background-color: White"> <td style="padding-bottom: 2.5pt">Basic 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">1.96</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">2.81</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> <tr id="xdx_401_eus-gaap--EarningsPerShareDiluted_i_pdd" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-bottom: 2.5pt">Diluted earnings per share</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">1.89</td><td style="padding-bottom: 2.5pt; 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">2.74</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> <p id="xdx_8A4_zGG10vzSrrJd" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">For the years ended December 31, 2021 and 2020, there were <span id="xdx_904_eus-gaap--AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount_c20210101__20211231__us-gaap--AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareByAntidilutiveSecuritiesAxis__us-gaap--EmployeeStockOptionMember_pdd" title="Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount">50,000</span> and -<span id="xdx_909_eus-gaap--AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount_c20200101__20201231__us-gaap--AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareByAntidilutiveSecuritiesAxis__us-gaap--EmployeeStockOptionMember_pdd" title="Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount">0</span>- of 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.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">SECURITY NATIONAL FINANCIAL CORPORATION</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">AND SUBSIDIARIES</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Notes to Consolidated Financial Statements</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Years Ended December 31, 2021 and 2020</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> 1.00 5000000 0 Class C shares have 10 votes per share on all matters except for the election of one third of the directors who are elected solely by the Class A shares. Stockholders of both Class A and Class C common stock have received 5% stock dividends in the years 1990 through 2019, a 7.5% stock dividend in the year 2020, and a 5% stock dividend in the year 2021, as authorized by the Company’s Board of Directors. 1.00 5000000 0 <p id="xdx_898_eus-gaap--ScheduleOfConversionsOfStockTextBlock_zRlzRIiAqod7" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The following table summarizes the activity in shares of capital stock.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> <span id="xdx_8BA_zlU3fLSu5x7h" style="display: none">Summary of Activities in Shares of Capital Stock</span></span></p> <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" 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" style="border-bottom: Black 1pt solid; text-align: center">Class C</td><td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 64%; padding-bottom: 2.5pt">Outstanding shares at December 31, 2019</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_984_eus-gaap--CommonStockOtherSharesOutstanding_iS_c20200101__20201231__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_zUkTh69EROmc" style="border-bottom: Black 2.5pt double; width: 14%; text-align: right" title="Common Stock, Shares, Outstanding">16,107,779</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_980_eus-gaap--CommonStockOtherSharesOutstanding_iS_c20200101__20201231__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassCMember_zUBdqvbfybCe" style="border-bottom: Black 2.5pt double; width: 14%; text-align: right" title="Common Stock, Shares, Outstanding">2,500,887</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 style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="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">Exercise of stock options</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98F_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOtherShareIncreaseDecrease_c20200101__20201231__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_zYw6nif6mse5" style="text-align: right" title="Exercise of stock options">68,970</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98F_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOtherShareIncreaseDecrease_c20200101__20201231__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassCMember_zuHrgd78gyyb" style="text-align: right" title="Exercise of stock options">130,820</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-left: 10pt; text-align: left">Stock dividends</td><td> </td> <td style="text-align: left"> </td><td id="xdx_986_eus-gaap--StockDividendsShares_c20200101__20201231__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_z9ymRXJEbn04" style="text-align: right" title="Stock dividends">405,210</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_982_eus-gaap--StockDividendsShares_c20200101__20201231__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassCMember_zNPO2FFEoj4k" style="text-align: right" title="Stock dividends">61,720</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">Conversion of Class C to Class A</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98A_eus-gaap--ConversionOfStockSharesIssued1_c20200101__20201231__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_pdd" style="text-align: right" title="Conversion of Class C to Class A">13,824</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_984_eus-gaap--ConversionOfStockSharesIssued1_c20200101__20201231__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassCMember_pdd" style="text-align: right" title="Conversion of Class C to Class A">(13,824</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></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-bottom: 2.5pt">Outstanding shares at December 31, 2020</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--CommonStockOtherSharesOutstanding_iS_c20210101__20211231__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_zW0FqGsRGMG1" style="border-bottom: Black 2.5pt double; text-align: right" title="Common Stock, Shares, Outstanding">16,595,783</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_988_eus-gaap--CommonStockOtherSharesOutstanding_iS_c20210101__20211231__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassCMember_zCsfc1rZBZ43" style="border-bottom: Black 2.5pt double; text-align: right" title="Common Stock, Shares, Outstanding">2,679,603</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-left: 10pt">Exercise of stock options</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98C_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOtherShareIncreaseDecrease_c20210101__20211231__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_zzACBeWQgYj" style="text-align: right" title="Exercise of stock options">160,282</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_982_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOtherShareIncreaseDecrease_c20210101__20211231__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassCMember_zwSy6PLGVDni" style="text-align: right" title="Exercise of stock options">104,656</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-left: 10pt; text-align: left">Stock dividends</td><td> </td> <td style="text-align: left"> </td><td id="xdx_986_eus-gaap--StockDividendsShares_c20210101__20211231__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_z8AYIKrOJH7e" style="text-align: right" title="Stock dividends">837,410</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_982_eus-gaap--StockDividendsShares_c20210101__20211231__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassCMember_zbtwcMZ0YYgj" style="text-align: right" title="Stock dividends">131,553</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">Conversion of Class C to Class A</td><td> </td> <td style="text-align: left"> </td><td id="xdx_985_eus-gaap--ConversionOfStockSharesIssued1_c20210101__20211231__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_z3YhSojDaCmd" style="text-align: right" title="Conversion of Class C to Class A">49,247</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_985_eus-gaap--ConversionOfStockSharesIssued1_c20210101__20211231__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassCMember_zVXyZLiIZXH6" style="text-align: right" title="Conversion of Class C to Class A">(49,247</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></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-bottom: 2.5pt">Outstanding shares at December 31, 2021</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--CommonStockOtherSharesOutstanding_iE_c20210101__20211231__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_zY7RrQrK98Lg" style="border-bottom: Black 2.5pt double; text-align: right" title="Common Stock, Shares, Outstanding">17,642,722</td><td style="padding-bottom: 2.5pt; 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--CommonStockOtherSharesOutstanding_iE_c20210101__20211231__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassCMember_zli5NTgRXF5c" style="border-bottom: Black 2.5pt double; text-align: right" title="Common Stock, Shares, Outstanding">2,866,565</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> 16107779 2500887 68970 130820 405210 61720 13824 -13824 16595783 2679603 160282 104656 837410 131553 49247 -49247 17642722 2866565 <p id="xdx_897_eus-gaap--ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock_zlSMWnV7c8Qg" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">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:</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> <span id="xdx_8BB_zPCqcBgMZ9ef" style="display: none">Schedule of Earnings Per Share, Basic and Diluted</span></span></p> <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: 1pt"> </td> <td colspan="2" id="xdx_494_20210101__20211231_zAJHR5L7LwF5" style="border-bottom: Black 1pt solid; text-align: center">2021</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_49D_20200101__20201231_zbcFK2Xtsjcf" style="border-bottom: Black 1pt solid; text-align: center">2020</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">Years Ended December 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">2021</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">2020</td><td style="padding-bottom: 1pt"> </td></tr> <tr id="xdx_40C_eus-gaap--EarningsPerShareBasicAndDilutedAbstract_iB" 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_40B_eus-gaap--NetIncomeLoss_i01_pp0p0_zDk6vqqquyA1" style="vertical-align: bottom; background-color: White"> <td style="padding-left: 10pt; width: 64%; 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: 14%; text-align: right">39,518,990</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: 14%; text-align: right">55,596,613</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> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: 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--WeightedAverageNumberOfSharesOutstandingAbstract_iB" style="vertical-align: bottom; background-color: White"> <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_408_eus-gaap--WeightedAverageNumberOfSharesOutstandingBasic_i01_zpDfCgDv9HOh" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 10pt; padding-bottom: 1pt">Denominator for basic earnings per share-weighted-average shares</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">20,154,878</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">19,788,984</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 style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 10pt; 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_40A_eus-gaap--IncrementalCommonSharesAttributableToCallOptionsAndWarrants_i01_pdd" style="vertical-align: bottom; background-color: White"> <td style="padding-left: 20pt; text-align: left; padding-bottom: 1pt">Employee stock options</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">774,206</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">465,423</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_40A_eus-gaap--IncrementalCommonSharesAttributableToConversionOfDebtSecurities_i01_pdd" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 1pt">Dilutive potential common shares</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">774,206</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">465,423</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 style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 10pt; padding-bottom: 1pt">Denominator for diluted earnings per share-adjusted weighted-average</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_40D_ecustom--AdjustedweightedAverageSharesAndAssumedConversions_i01_pdd" style="vertical-align: bottom; background-color: White"> <td style="padding-left: 20pt; text-align: left; padding-bottom: 2.5pt">shares and assumed conversions</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">20,929,084</td><td style="padding-bottom: 2.5pt; 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">20,254,407</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_40D_eus-gaap--EarningsPerShareBasic_i_pdd" style="vertical-align: bottom; background-color: White"> <td style="padding-bottom: 2.5pt">Basic 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">1.96</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">2.81</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> <tr id="xdx_401_eus-gaap--EarningsPerShareDiluted_i_pdd" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-bottom: 2.5pt">Diluted earnings per share</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">1.89</td><td style="padding-bottom: 2.5pt; 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">2.74</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> 39518990 55596613 20154878 19788984 774206 465423 774206 465423 20929084 20254407 1.96 2.81 1.89 2.74 50000 0 <p id="xdx_80B_eus-gaap--DisclosureOfCompensationRelatedCostsShareBasedPaymentsTextBlock_zLiMoFDuiHvc" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">13) <span style="text-decoration: underline"><span id="xdx_82D_zJIgkeZN1fF1">Stock Compensation Plans</span></span></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Company has two fixed option plans (the “2013 Plan” and the “2014 Director Plan”). Compensation expense for options issued of $<span id="xdx_901_eus-gaap--AllocatedShareBasedCompensationExpense_pp0p0_c20210101__20211231__us-gaap--PlanNameAxis__custom--OptionPlansMember_z1u17oF90S2c" title="Shares based compensation expenses">118,384</span> and $<span id="xdx_904_eus-gaap--AllocatedShareBasedCompensationExpense_pp0p0_c20200101__20201231__us-gaap--PlanNameAxis__custom--OptionPlansMember_zYVeybOZmcyd" title="Shares based compensation expenses">358,878</span> has been recognized under these plans for the years ended December 31, 2021 and 2020, respectively, and is included in personnel expenses on the consolidated statements of earnings. As of December 31, 2021, the total unrecognized compensation expense related to the options issued was $<span id="xdx_90D_eus-gaap--EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedStockOptions_iI_pp0p0_c20211231_zHShb5bOBAA9" title="Total unrecognized compensation expense">875,735</span>, which is expected to be recognized over the vesting period of one year.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">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.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p id="xdx_891_eus-gaap--ScheduleOfAssumptionsUsedTableTextBlock_z0vRCOm1ejZ6" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The following table summarizes the assumptions used in estimating the fair value of each option granted along with the weighted-average fair value of the options granted.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> <span id="xdx_8BA_zqucIa31GTc4" style="display: none">Schedule of Assumptions Used</span></span></p> <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> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2"> </td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="18" style="border-bottom: Black 1pt solid; text-align: center">Assumptions</td><td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: Black 1pt solid; text-align: center">Grant Date</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: center">Plan</td><td style="padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Weighted-Average Fair Value of Each Option</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_F57_ziqyhcV6B0Ba" style="border-bottom: Black 1pt solid; text-align: center">Expected Dividend Yield (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">Underlying stock FMV</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 Volatility</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 Risk-Free Interest Rate</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 Expected Life (years)</td><td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 37%; text-align: center">December 3, 2021</td><td style="width: 2%"> </td> <td style="width: 7%; text-align: center">All Plans</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_989_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue_pid_c20210101__20211231__us-gaap--PlanNameAxis__custom--AllPlansDecemberThreeTwentyTwentyOneMember_zmipzJJke0Sk" style="width: 5%; text-align: right" title="Weighted Average Fair Value of Each Option">2.99</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--ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate_pid_dp_uPure_c20210101__20211231__us-gaap--PlanNameAxis__custom--AllPlansDecemberThreeTwentyTwentyOneMember_fKDEp_zcdoi03xMCR8" style="width: 5%; text-align: right" title="Expected Dividend Yield">5</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_ecustom--UnderlyingStockFmv_pid_c20210101__20211231__us-gaap--PlanNameAxis__custom--AllPlansDecemberThreeTwentyTwentyOneMember_z8ZfPAh4LIQ3" style="width: 5%; text-align: right" title="Underlying stock FMV">8.62</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--ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsWeightedAverageVolatilityRate_pid_dp_uPure_c20210101__20211231__us-gaap--PlanNameAxis__custom--AllPlansDecemberThreeTwentyTwentyOneMember_z1Qe6SAd5Rxf" style="width: 5%; text-align: right" title="Weighted Average Volatility">36.50</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--ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate_pid_dp_uPure_c20210101__20211231__us-gaap--PlanNameAxis__custom--AllPlansDecemberThreeTwentyTwentyOneMember_zeVPuaWFTy44" style="width: 5%; text-align: right" title="Weighted Average Risk Free Interest Rate">1.15</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_907_eus-gaap--SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1_dtY_c20210101__20211231__us-gaap--PlanNameAxis__custom--AllPlansDecemberThreeTwentyTwentyOneMember_ztebbjKUR7Z2" title="Weighted Average Expected Life (Term)">5.31</span></td><td style="width: 1%; 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><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="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: center">March 27, 2020</td><td> </td> <td style="text-align: center">All Plans</td><td> </td> <td style="text-align: left">$</td><td id="xdx_989_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue_c20210101__20211231__us-gaap--PlanNameAxis__custom--AllPlansMarchTwentySevenTwentyTwentyMember_zrheCZTfex99" style="text-align: right" title="Weighted Average Fair Value of Each Option">0.65</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98A_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate_pid_dp_uPure_c20210101__20211231__us-gaap--PlanNameAxis__custom--AllPlansMarchTwentySevenTwentyTwentyMember_fKDEp_zD5pVC8HN7V9" style="text-align: right" title="Expected Dividend Yield">5</td><td style="text-align: left">%</td><td> </td> <td style="text-align: left">$</td><td id="xdx_98A_ecustom--UnderlyingStockFmv_pid_c20210101__20211231__us-gaap--PlanNameAxis__custom--AllPlansMarchTwentySevenTwentyTwentyMember_zOvhzeuNH3Zf" style="text-align: right" title="Underlying stock FMV">3.76</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98E_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsWeightedAverageVolatilityRate_pid_dp_uPure_c20210101__20211231__us-gaap--PlanNameAxis__custom--AllPlansMarchTwentySevenTwentyTwentyMember_zlOspFVk8rS2" style="text-align: right" title="Weighted Average Volatility">32.29</td><td style="text-align: left">%</td><td> </td> <td style="text-align: left"> </td><td id="xdx_989_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate_pid_dp_uPure_c20210101__20211231__us-gaap--PlanNameAxis__custom--AllPlansMarchTwentySevenTwentyTwentyMember_zZSfiJlBScy2" style="text-align: right" title="Weighted Average Risk Free Interest Rate">1.64</td><td style="text-align: left">%</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"><span id="xdx_908_eus-gaap--SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1_dtY_c20210101__20211231__us-gaap--PlanNameAxis__custom--AllPlansMarchTwentySevenTwentyTwentyMember_ztS0sWIApVul" title="Weighted Average Expected Life (Term)">4.82</span></td><td style="text-align: left"> </td></tr> </table> <p id="xdx_8A3_zXWd2mgzkeZ" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0pt; margin-bottom: 0pt"/> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0pt; margin-bottom: 0pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"/></p> <div style="width: 15%"><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: justify; width: 0.15pc"><span id="xdx_F05_zXz6xos0KCp6" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(1)</span></td> <td style="text-align: justify"><span id="xdx_F11_zdPwdXmEcZ6d" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Stock dividend</span></td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">SECURITY NATIONAL FINANCIAL CORPORATION</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">AND SUBSIDIARIES</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Notes to Consolidated Financial Statements</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Years Ended December 31, 2021 and 2020</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">13) <span style="text-decoration: underline">Stock Compensation Plans</span> (Continued)</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p id="xdx_897_eus-gaap--ScheduleOfShareBasedCompensationStockOptionsActivityTableTextBlock_z2zIKyRHKZu7" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Activity of the stock option plans is summarized as follows:</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> <span id="xdx_8BE_zzLSyoN2TgI1" style="display: none">Schedule of Activity of Stock Option Plans</span></span></p> <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">Number of<br/> 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<br/> 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; background-color: rgb(204,238,255)"> <td style="width: 44%; padding-bottom: 2.5pt">Outstanding at January 1, 2020</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_98B_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber_iS_c20200101__20201231__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_zTKcrKsktZAh" style="border-bottom: Black 2.5pt double; width: 10%; text-align: right" title="Number of shares, outstanding, beginning">1,086,053</td><td style="width: 1%; padding-bottom: 2.5pt; text-align: left"> </td><td style="width: 2%; padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; width: 1%; text-align: left">$</td><td id="xdx_989_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice_iS_c20200101__20201231__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_zXLqVmVCZea7" style="padding-bottom: 2.5pt; width: 10%; text-align: right" title="Weighted average exercise price, outstanding, beginning">4.20</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_987_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber_iS_c20200101__20201231__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassCMember_zv6BdBnGqbe8" style="border-bottom: Black 2.5pt double; width: 10%; text-align: right" title="Number of shares, outstanding, beginning">594,132</td><td style="width: 1%; padding-bottom: 2.5pt; text-align: left"> </td><td style="width: 2%; padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; width: 1%; text-align: left">$</td><td id="xdx_984_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice_iS_c20200101__20201231__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassCMember_zCAKMIy5hyFa" style="padding-bottom: 2.5pt; width: 10%; text-align: right" title="Weighted average exercise price, outstanding, beginning">5.10</td><td style="width: 1%; padding-bottom: 2.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-left: 10pt; text-align: left">Adjustment for the effect of stock dividends</td><td> </td> <td style="text-align: left"> </td><td id="xdx_982_ecustom--AdjustmentForEffectOfStockDividends_c20200101__20201231__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_z4k4HBA1UgKd" style="text-align: right" title="Number of Shares, adjustment for effect of stock dividends">27,968</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_983_ecustom--AdjustmentForEffectOfStockDividends_c20200101__20201231__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassCMember_zXVb9BEykCY5" style="text-align: right" title="Number of Shares, adjustment for effect of stock dividends">19,354</td><td style="text-align: left"> </td><td> </td> <td style="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">Granted</td><td> </td> <td style="text-align: left"> </td><td id="xdx_988_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross_c20200101__20201231__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_zUptOnVWh8n7" style="text-align: right" title="Number of shares, granted">77,000</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_98A_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross_c20200101__20201231__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassCMember_z5z3qK3bD9xg" style="text-align: right" title="Number of shares, granted">180,000</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 style="padding-left: 10pt">Exercised</td><td> </td> <td style="text-align: left"> </td><td id="xdx_984_eus-gaap--StockIssuedDuringPeriodSharesStockOptionsExercised_iN_di_c20200101__20201231__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_zBc3QdMFnQml" style="text-align: right" title="Number of shares, exercised">(116,487</td><td style="text-align: left">)</td><td> </td> <td style="text-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--StockIssuedDuringPeriodSharesStockOptionsExercised_iN_di_c20200101__20201231__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassCMember_zfJWuSnIASLk" style="text-align: right" title="Number of shares, exercised">(130,820</td><td style="text-align: left">)</td><td> </td> <td style="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">Cancelled</td><td> </td> <td style="text-align: left"> </td><td id="xdx_985_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpirationsInPeriod_iN_di_c20200101__20201231__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_z5K68E7h9lxi" style="text-align: right" title="Number of shares, cancelled">(1,671</td><td style="text-align: left">)</td><td> </td> <td style="text-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--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpirationsInPeriod_iN_di_c20200101__20201231__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassCMember_zXFRLm6Jhw4" style="text-align: right" title="Number of shares, cancelled"><span style="-sec-ix-hidden: xdx2ixbrl3022">-</span></td><td style="text-align: left"> </td><td> </td> <td style="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"> </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="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 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="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 December 31, 2020</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--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber_iS_c20210101__20211231__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_zDlxJO8Z4B1d" style="border-bottom: Black 2.5pt double; text-align: right" title="Number of shares, outstanding, beginning">1,072,863</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_c20200101__20201231__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_z8KY9l4Rtq1k" style="padding-bottom: 2.5pt; text-align: right">4.12</td><td style="padding-bottom: 2.5pt; 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--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber_iS_c20210101__20211231__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassCMember_zQKbO4Z8Is08" style="border-bottom: Black 2.5pt double; text-align: right" title="Number of shares, outstanding, beginning">662,666</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_98F_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice_iE_c20200101__20201231__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassCMember_zgqgQ0Qvs8Li" style="padding-bottom: 2.5pt; text-align: right" title="Weighted average exercise price, outstanding, Ending">4.50</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-left: 10pt; text-align: left">Adjustment for the effect of stock dividends</td><td> </td> <td style="text-align: left"> </td><td id="xdx_989_ecustom--AdjustmentForEffectOfStockDividends_c20210101__20211231__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_z4bnRf6RwdI1" style="text-align: right">47,594</td><td style="text-align: left"> </td><td> </td> <td style="text-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_986_ecustom--AdjustmentForEffectOfStockDividends_c20210101__20211231__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassCMember_zQqcYgXpgwGg" style="text-align: right">33,136</td><td style="text-align: left"> </td><td> </td> <td style="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">Granted</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98B_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross_c20210101__20211231__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_zUobNrzGL0bd" style="text-align: right" title="Number of shares, granted">89,500</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><td> </td> <td style="text-align: left"> </td><td id="xdx_989_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross_c20210101__20211231__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassCMember_z6pFn5be0Z8g" style="text-align: right" title="Number of shares, granted">230,000</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 style="padding-left: 10pt">Exercised</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98D_eus-gaap--StockIssuedDuringPeriodSharesStockOptionsExercised_iN_di_c20210101__20211231__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_zhzL2Frovb3a" style="text-align: right" title="Number of shares, exercised">(183,935</td><td style="text-align: left">)</td><td> </td> <td style="text-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_98C_eus-gaap--StockIssuedDuringPeriodSharesStockOptionsExercised_iN_di_c20210101__20211231__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassCMember_zYBEM1YDhDnf" style="text-align: right" title="Number of shares, exercised">(104,656</td><td style="text-align: left">)</td><td> </td> <td style="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">Cancelled</td><td> </td> <td style="text-align: left"> </td><td id="xdx_989_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpirationsInPeriod_iN_di_c20210101__20211231__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_zvFzle1XcZI3" style="text-align: right" title="Number of shares, cancelled">(1,671</td><td style="text-align: left">)</td><td> </td> <td style="text-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--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpirationsInPeriod_iN_di_c20210101__20211231__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassCMember_ziDK8NQTe7yj" style="text-align: right" title="Number of shares, cancelled"><span style="-sec-ix-hidden: xdx2ixbrl3043">-</span></td><td style="text-align: left"> </td><td> </td> <td style="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"> </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="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 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="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 December 31, 2021</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--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber_iE_c20210101__20211231__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_zELX8QCjCjh8" style="border-bottom: Black 2.5pt double; text-align: right" title="Number of shares, outstanding, ending">1,024,351</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--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice_iE_c20210101__20211231__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_zCUbERrmmmXi" style="padding-bottom: 2.5pt; text-align: right" title="Weighted average exercise price, outstanding, ending">4.61</td><td style="padding-bottom: 2.5pt; 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--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber_iE_c20210101__20211231__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassCMember_zhsoQZ0gNIpb" style="border-bottom: Black 2.5pt double; text-align: right" title="Number of shares, outstanding, ending">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_982_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice_iE_c20210101__20211231__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassCMember_zhYVLIl18fuk" style="padding-bottom: 2.5pt; text-align: right" title="Weighted average exercise price, outstanding, ending">5.48</td><td style="padding-bottom: 2.5pt; 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="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 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="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="text-align: left; padding-bottom: 2.5pt">Exercisable at end of year</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_c20211231__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_zxOTfHjTwsli" style="border-bottom: Black 2.5pt double; text-align: right" title="Number of shares, options exercisable">934,851</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_989_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice_iE_c20210101__20211231__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_z5mhtIxInm8b" style="padding-bottom: 2.5pt; text-align: right" title="Weighted average exercise price, options exercisable">4.23</td><td style="padding-bottom: 2.5pt; 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--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber_iI_c20211231__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassCMember_zIrj4XbhQ2Qh" style="border-bottom: Black 2.5pt double; text-align: right" title="Number of shares, options exercisable">591,146</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_98A_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice_iE_c20210101__20211231__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassCMember_zngZbFnRgXvh" style="padding-bottom: 2.5pt; text-align: right" title="Weighted average exercise price, options exercisable">4.26</td><td style="padding-bottom: 2.5pt; 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="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 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="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="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_98E_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant_iI_c20211231__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_zn7KwLpGZkLb" style="border-bottom: Black 2.5pt double; text-align: right" title="Number of shares, available options for future grant">232,376</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_c20211231__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassCMember_zYjhv3ESRcW3" 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>Weighted average contractual term of options outstanding at December 31, 2021</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span id="xdx_900_eus-gaap--SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2_dtY_c20210101__20211231__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_zll1NnX2h3a" title="Weighted average contractual term of options outstanding">4.54 </span>years</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td 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 style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span id="xdx_900_eus-gaap--SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2_dtY_c20210101__20211231__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassCMember_zIt6z8MmbYQf" title="Weighted average contractual term of options outstanding">7.24</span> years</span></td><td style="text-align: left"> </td><td> </td> <td style="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 December 31, 2021</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span id="xdx_905_eus-gaap--SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1_dtY_c20210101__20211231__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_zsr3g7a1mi6" title="Weighted average contractual term of options exercisable">4.03</span> years</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td 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 style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span id="xdx_90C_eus-gaap--SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1_dtY_c20210101__20211231__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassCMember_zit0RjXvmiFk" title="Weighted average contractual term of options exercisable">6.62</span> years</span></td><td style="text-align: left"> </td><td> </td> <td style="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 id="xdx_F43_zXVR1ckAoSB2" style="padding-bottom: 2.5pt">Aggregated intrinsic value of options outstanding at December 31, 2021 (1)</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--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue_iI_pp0p0_c20211231__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_fKDEp_zwj4lzglFfMe" style="border-bottom: Black 2.5pt double; text-align: right" title="Aggregated intrinsic value of options outstanding">4,700,708</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">$</td><td id="xdx_984_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue_iI_pp0p0_c20211231__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassCMember_fKDEp_zzemDUnTvCMi" style="border-bottom: Black 2.5pt double; text-align: right" title="Aggregated intrinsic value of options outstanding">3,009,168</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt; text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"/><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-bottom: 2.5pt">Aggregated intrinsic value of options exercisable at December 31, 2021 (1)</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_983_eus-gaap--SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1_iI_pp0p0_c20211231__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_fKDEp_za90zzN2NI5i" style="border-bottom: Black 2.5pt double; text-align: right" title="Aggregated intrinsic value of options exercisable">4,648,798</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_986_eus-gaap--SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1_iI_pp0p0_c20211231__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassCMember_fKDEp_zAWALLcpNhUc" style="border-bottom: Black 2.5pt double; text-align: right" title="Aggregated intrinsic value of options exercisable">2,918,768</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> <p id="xdx_8A9_zKXamcGntFxf" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0pt; margin-bottom: 0pt"/> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0pt; margin-bottom: 0pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"/></p> <div style="width: 15%"><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: justify; width: 0.15pc"><span id="xdx_F0A_zHKKr3ZnYow4" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(1)</span></td> <td style="text-align: justify"><span id="xdx_F1D_za3rAlYOc0cg" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Company used a stock price of $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNjaGVkdWxlIG9mIEFjdGl2aXR5IG9mIFN0b2NrIE9wdGlvbiBQbGFucyAoRGV0YWlscykgKFBhcmVudGhldGljYWwpAA__" id="xdx_90F_eus-gaap--SharePrice_iI_pid_c20211231_za2Q2T5wYzm1" title="Stock price">9.20</span> as of December 31, 2021 to derive intrinsic value.</span></td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">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 years ended December 31, 2021 and 2020 was $<span id="xdx_90D_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue_pp0p0_c20210101__20211231_zpiGIQLn02T4" title="Intrinsic value stock options exercised">1,153,417</span> and $<span id="xdx_90F_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue_pp0p0_c20200101__20201231_zKtzT0TEUYR9" title="Intrinsic value stock options exercised">663,901</span>, respectively.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">SECURITY NATIONAL FINANCIAL CORPORATION</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">AND SUBSIDIARIES</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Notes to Consolidated Financial Statements</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Years Ended December 31, 2021 and 2020</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> 118384 358878 875735 <p id="xdx_891_eus-gaap--ScheduleOfAssumptionsUsedTableTextBlock_z0vRCOm1ejZ6" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The following table summarizes the assumptions used in estimating the fair value of each option granted along with the weighted-average fair value of the options granted.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> <span id="xdx_8BA_zqucIa31GTc4" style="display: none">Schedule of Assumptions Used</span></span></p> <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> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2"> </td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="18" style="border-bottom: Black 1pt solid; text-align: center">Assumptions</td><td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: Black 1pt solid; text-align: center">Grant Date</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: center">Plan</td><td style="padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Weighted-Average Fair Value of Each Option</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_F57_ziqyhcV6B0Ba" style="border-bottom: Black 1pt solid; text-align: center">Expected Dividend Yield (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">Underlying stock FMV</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 Volatility</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 Risk-Free Interest Rate</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 Expected Life (years)</td><td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 37%; text-align: center">December 3, 2021</td><td style="width: 2%"> </td> <td style="width: 7%; text-align: center">All Plans</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_989_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue_pid_c20210101__20211231__us-gaap--PlanNameAxis__custom--AllPlansDecemberThreeTwentyTwentyOneMember_zmipzJJke0Sk" style="width: 5%; text-align: right" title="Weighted Average Fair Value of Each Option">2.99</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--ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate_pid_dp_uPure_c20210101__20211231__us-gaap--PlanNameAxis__custom--AllPlansDecemberThreeTwentyTwentyOneMember_fKDEp_zcdoi03xMCR8" style="width: 5%; text-align: right" title="Expected Dividend Yield">5</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_ecustom--UnderlyingStockFmv_pid_c20210101__20211231__us-gaap--PlanNameAxis__custom--AllPlansDecemberThreeTwentyTwentyOneMember_z8ZfPAh4LIQ3" style="width: 5%; text-align: right" title="Underlying stock FMV">8.62</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--ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsWeightedAverageVolatilityRate_pid_dp_uPure_c20210101__20211231__us-gaap--PlanNameAxis__custom--AllPlansDecemberThreeTwentyTwentyOneMember_z1Qe6SAd5Rxf" style="width: 5%; text-align: right" title="Weighted Average Volatility">36.50</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--ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate_pid_dp_uPure_c20210101__20211231__us-gaap--PlanNameAxis__custom--AllPlansDecemberThreeTwentyTwentyOneMember_zeVPuaWFTy44" style="width: 5%; text-align: right" title="Weighted Average Risk Free Interest Rate">1.15</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_907_eus-gaap--SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1_dtY_c20210101__20211231__us-gaap--PlanNameAxis__custom--AllPlansDecemberThreeTwentyTwentyOneMember_ztebbjKUR7Z2" title="Weighted Average Expected Life (Term)">5.31</span></td><td style="width: 1%; 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><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="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: center">March 27, 2020</td><td> </td> <td style="text-align: center">All Plans</td><td> </td> <td style="text-align: left">$</td><td id="xdx_989_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue_c20210101__20211231__us-gaap--PlanNameAxis__custom--AllPlansMarchTwentySevenTwentyTwentyMember_zrheCZTfex99" style="text-align: right" title="Weighted Average Fair Value of Each Option">0.65</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98A_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate_pid_dp_uPure_c20210101__20211231__us-gaap--PlanNameAxis__custom--AllPlansMarchTwentySevenTwentyTwentyMember_fKDEp_zD5pVC8HN7V9" style="text-align: right" title="Expected Dividend Yield">5</td><td style="text-align: left">%</td><td> </td> <td style="text-align: left">$</td><td id="xdx_98A_ecustom--UnderlyingStockFmv_pid_c20210101__20211231__us-gaap--PlanNameAxis__custom--AllPlansMarchTwentySevenTwentyTwentyMember_zOvhzeuNH3Zf" style="text-align: right" title="Underlying stock FMV">3.76</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98E_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsWeightedAverageVolatilityRate_pid_dp_uPure_c20210101__20211231__us-gaap--PlanNameAxis__custom--AllPlansMarchTwentySevenTwentyTwentyMember_zlOspFVk8rS2" style="text-align: right" title="Weighted Average Volatility">32.29</td><td style="text-align: left">%</td><td> </td> <td style="text-align: left"> </td><td id="xdx_989_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate_pid_dp_uPure_c20210101__20211231__us-gaap--PlanNameAxis__custom--AllPlansMarchTwentySevenTwentyTwentyMember_zZSfiJlBScy2" style="text-align: right" title="Weighted Average Risk Free Interest Rate">1.64</td><td style="text-align: left">%</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"><span id="xdx_908_eus-gaap--SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1_dtY_c20210101__20211231__us-gaap--PlanNameAxis__custom--AllPlansMarchTwentySevenTwentyTwentyMember_ztS0sWIApVul" title="Weighted Average Expected Life (Term)">4.82</span></td><td style="text-align: left"> </td></tr> </table> 2.99 0.05 8.62 0.3650 0.0115 P5Y3M21D 0.65 0.05 3.76 0.3229 0.0164 P4Y9M25D <p id="xdx_897_eus-gaap--ScheduleOfShareBasedCompensationStockOptionsActivityTableTextBlock_z2zIKyRHKZu7" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Activity of the stock option plans is summarized as follows:</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> <span id="xdx_8BE_zzLSyoN2TgI1" style="display: none">Schedule of Activity of Stock Option Plans</span></span></p> <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">Number of<br/> 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<br/> 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; background-color: rgb(204,238,255)"> <td style="width: 44%; padding-bottom: 2.5pt">Outstanding at January 1, 2020</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_98B_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber_iS_c20200101__20201231__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_zTKcrKsktZAh" style="border-bottom: Black 2.5pt double; width: 10%; text-align: right" title="Number of shares, outstanding, beginning">1,086,053</td><td style="width: 1%; padding-bottom: 2.5pt; text-align: left"> </td><td style="width: 2%; padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; width: 1%; text-align: left">$</td><td id="xdx_989_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice_iS_c20200101__20201231__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_zXLqVmVCZea7" style="padding-bottom: 2.5pt; width: 10%; text-align: right" title="Weighted average exercise price, outstanding, beginning">4.20</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_987_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber_iS_c20200101__20201231__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassCMember_zv6BdBnGqbe8" style="border-bottom: Black 2.5pt double; width: 10%; text-align: right" title="Number of shares, outstanding, beginning">594,132</td><td style="width: 1%; padding-bottom: 2.5pt; text-align: left"> </td><td style="width: 2%; padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; width: 1%; text-align: left">$</td><td id="xdx_984_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice_iS_c20200101__20201231__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassCMember_zCAKMIy5hyFa" style="padding-bottom: 2.5pt; width: 10%; text-align: right" title="Weighted average exercise price, outstanding, beginning">5.10</td><td style="width: 1%; padding-bottom: 2.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-left: 10pt; text-align: left">Adjustment for the effect of stock dividends</td><td> </td> <td style="text-align: left"> </td><td id="xdx_982_ecustom--AdjustmentForEffectOfStockDividends_c20200101__20201231__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_z4k4HBA1UgKd" style="text-align: right" title="Number of Shares, adjustment for effect of stock dividends">27,968</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_983_ecustom--AdjustmentForEffectOfStockDividends_c20200101__20201231__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassCMember_zXVb9BEykCY5" style="text-align: right" title="Number of Shares, adjustment for effect of stock dividends">19,354</td><td style="text-align: left"> </td><td> </td> <td style="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">Granted</td><td> </td> <td style="text-align: left"> </td><td id="xdx_988_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross_c20200101__20201231__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_zUptOnVWh8n7" style="text-align: right" title="Number of shares, granted">77,000</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_98A_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross_c20200101__20201231__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassCMember_z5z3qK3bD9xg" style="text-align: right" title="Number of shares, granted">180,000</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 style="padding-left: 10pt">Exercised</td><td> </td> <td style="text-align: left"> </td><td id="xdx_984_eus-gaap--StockIssuedDuringPeriodSharesStockOptionsExercised_iN_di_c20200101__20201231__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_zBc3QdMFnQml" style="text-align: right" title="Number of shares, exercised">(116,487</td><td style="text-align: left">)</td><td> </td> <td style="text-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--StockIssuedDuringPeriodSharesStockOptionsExercised_iN_di_c20200101__20201231__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassCMember_zfJWuSnIASLk" style="text-align: right" title="Number of shares, exercised">(130,820</td><td style="text-align: left">)</td><td> </td> <td style="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">Cancelled</td><td> </td> <td style="text-align: left"> </td><td id="xdx_985_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpirationsInPeriod_iN_di_c20200101__20201231__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_z5K68E7h9lxi" style="text-align: right" title="Number of shares, cancelled">(1,671</td><td style="text-align: left">)</td><td> </td> <td style="text-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--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpirationsInPeriod_iN_di_c20200101__20201231__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassCMember_zXFRLm6Jhw4" style="text-align: right" title="Number of shares, cancelled"><span style="-sec-ix-hidden: xdx2ixbrl3022">-</span></td><td style="text-align: left"> </td><td> </td> <td style="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"> </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="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 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="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 December 31, 2020</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--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber_iS_c20210101__20211231__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_zDlxJO8Z4B1d" style="border-bottom: Black 2.5pt double; text-align: right" title="Number of shares, outstanding, beginning">1,072,863</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_c20200101__20201231__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_z8KY9l4Rtq1k" style="padding-bottom: 2.5pt; text-align: right">4.12</td><td style="padding-bottom: 2.5pt; 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--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber_iS_c20210101__20211231__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassCMember_zQKbO4Z8Is08" style="border-bottom: Black 2.5pt double; text-align: right" title="Number of shares, outstanding, beginning">662,666</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_98F_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice_iE_c20200101__20201231__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassCMember_zgqgQ0Qvs8Li" style="padding-bottom: 2.5pt; text-align: right" title="Weighted average exercise price, outstanding, Ending">4.50</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-left: 10pt; text-align: left">Adjustment for the effect of stock dividends</td><td> </td> <td style="text-align: left"> </td><td id="xdx_989_ecustom--AdjustmentForEffectOfStockDividends_c20210101__20211231__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_z4bnRf6RwdI1" style="text-align: right">47,594</td><td style="text-align: left"> </td><td> </td> <td style="text-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_986_ecustom--AdjustmentForEffectOfStockDividends_c20210101__20211231__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassCMember_zQqcYgXpgwGg" style="text-align: right">33,136</td><td style="text-align: left"> </td><td> </td> <td style="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">Granted</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98B_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross_c20210101__20211231__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_zUobNrzGL0bd" style="text-align: right" title="Number of shares, granted">89,500</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><td> </td> <td style="text-align: left"> </td><td id="xdx_989_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross_c20210101__20211231__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassCMember_z6pFn5be0Z8g" style="text-align: right" title="Number of shares, granted">230,000</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 style="padding-left: 10pt">Exercised</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98D_eus-gaap--StockIssuedDuringPeriodSharesStockOptionsExercised_iN_di_c20210101__20211231__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_zhzL2Frovb3a" style="text-align: right" title="Number of shares, exercised">(183,935</td><td style="text-align: left">)</td><td> </td> <td style="text-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_98C_eus-gaap--StockIssuedDuringPeriodSharesStockOptionsExercised_iN_di_c20210101__20211231__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassCMember_zYBEM1YDhDnf" style="text-align: right" title="Number of shares, exercised">(104,656</td><td style="text-align: left">)</td><td> </td> <td style="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">Cancelled</td><td> </td> <td style="text-align: left"> </td><td id="xdx_989_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpirationsInPeriod_iN_di_c20210101__20211231__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_zvFzle1XcZI3" style="text-align: right" title="Number of shares, cancelled">(1,671</td><td style="text-align: left">)</td><td> </td> <td style="text-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--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpirationsInPeriod_iN_di_c20210101__20211231__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassCMember_ziDK8NQTe7yj" style="text-align: right" title="Number of shares, cancelled"><span style="-sec-ix-hidden: xdx2ixbrl3043">-</span></td><td style="text-align: left"> </td><td> </td> <td style="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"> </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="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 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="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 December 31, 2021</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--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber_iE_c20210101__20211231__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_zELX8QCjCjh8" style="border-bottom: Black 2.5pt double; text-align: right" title="Number of shares, outstanding, ending">1,024,351</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--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice_iE_c20210101__20211231__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_zCUbERrmmmXi" style="padding-bottom: 2.5pt; text-align: right" title="Weighted average exercise price, outstanding, ending">4.61</td><td style="padding-bottom: 2.5pt; 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--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber_iE_c20210101__20211231__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassCMember_zhsoQZ0gNIpb" style="border-bottom: Black 2.5pt double; text-align: right" title="Number of shares, outstanding, ending">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_982_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice_iE_c20210101__20211231__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassCMember_zhYVLIl18fuk" style="padding-bottom: 2.5pt; text-align: right" title="Weighted average exercise price, outstanding, ending">5.48</td><td style="padding-bottom: 2.5pt; 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="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 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="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="text-align: left; padding-bottom: 2.5pt">Exercisable at end of year</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_c20211231__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_zxOTfHjTwsli" style="border-bottom: Black 2.5pt double; text-align: right" title="Number of shares, options exercisable">934,851</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_989_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice_iE_c20210101__20211231__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_z5mhtIxInm8b" style="padding-bottom: 2.5pt; text-align: right" title="Weighted average exercise price, options exercisable">4.23</td><td style="padding-bottom: 2.5pt; 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--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber_iI_c20211231__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassCMember_zIrj4XbhQ2Qh" style="border-bottom: Black 2.5pt double; text-align: right" title="Number of shares, options exercisable">591,146</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_98A_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice_iE_c20210101__20211231__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassCMember_zngZbFnRgXvh" style="padding-bottom: 2.5pt; text-align: right" title="Weighted average exercise price, options exercisable">4.26</td><td style="padding-bottom: 2.5pt; 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="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 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="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="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_98E_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant_iI_c20211231__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_zn7KwLpGZkLb" style="border-bottom: Black 2.5pt double; text-align: right" title="Number of shares, available options for future grant">232,376</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_c20211231__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassCMember_zYjhv3ESRcW3" 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>Weighted average contractual term of options outstanding at December 31, 2021</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span id="xdx_900_eus-gaap--SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2_dtY_c20210101__20211231__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_zll1NnX2h3a" title="Weighted average contractual term of options outstanding">4.54 </span>years</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td 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 style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span id="xdx_900_eus-gaap--SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2_dtY_c20210101__20211231__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassCMember_zIt6z8MmbYQf" title="Weighted average contractual term of options outstanding">7.24</span> years</span></td><td style="text-align: left"> </td><td> </td> <td style="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 December 31, 2021</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span id="xdx_905_eus-gaap--SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1_dtY_c20210101__20211231__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_zsr3g7a1mi6" title="Weighted average contractual term of options exercisable">4.03</span> years</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td 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 style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span id="xdx_90C_eus-gaap--SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1_dtY_c20210101__20211231__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassCMember_zit0RjXvmiFk" title="Weighted average contractual term of options exercisable">6.62</span> years</span></td><td style="text-align: left"> </td><td> </td> <td style="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 id="xdx_F43_zXVR1ckAoSB2" style="padding-bottom: 2.5pt">Aggregated intrinsic value of options outstanding at December 31, 2021 (1)</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--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue_iI_pp0p0_c20211231__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_fKDEp_zwj4lzglFfMe" style="border-bottom: Black 2.5pt double; text-align: right" title="Aggregated intrinsic value of options outstanding">4,700,708</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">$</td><td id="xdx_984_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue_iI_pp0p0_c20211231__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassCMember_fKDEp_zzemDUnTvCMi" style="border-bottom: Black 2.5pt double; text-align: right" title="Aggregated intrinsic value of options outstanding">3,009,168</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt; text-align: right"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"/><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-bottom: 2.5pt">Aggregated intrinsic value of options exercisable at December 31, 2021 (1)</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_983_eus-gaap--SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1_iI_pp0p0_c20211231__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_fKDEp_za90zzN2NI5i" style="border-bottom: Black 2.5pt double; text-align: right" title="Aggregated intrinsic value of options exercisable">4,648,798</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_986_eus-gaap--SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1_iI_pp0p0_c20211231__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassCMember_fKDEp_zAWALLcpNhUc" style="border-bottom: Black 2.5pt double; text-align: right" title="Aggregated intrinsic value of options exercisable">2,918,768</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> 1086053 4.20 594132 5.10 27968 19354 77000 180000 116487 130820 1671 1072863 4.12 662666 4.50 47594 33136 89500 230000 183935 104656 1671 1024351 4.61 821146 5.48 934851 4.23 591146 4.26 232376 16689 P4Y6M14D P7Y2M26D P4Y10D P6Y7M13D 4700708 3009168 4648798 2918768 9.20 1153417 663901 <p id="xdx_80D_eus-gaap--StatutoryAccountingPracticesDisclosureTextBlock_zrcmpUhg24ae" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">14) <span style="text-decoration: underline"><span id="xdx_82B_zhjNFpmb07r">Statutory Financial Information and Dividend Limitations</span></span></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Company’s insurance subsidiaries prepare their statutory-basis financial statements in conformity with accounting practices prescribed or permitted by the insurance department of the applicable state of domicile. Prescribed statutory accounting practices include a variety of publications of the NAIC, as well as state laws, regulations and general administrative rules. Permitted statutory accounting practices encompass all accounting practices not so prescribed.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The states in which the Company’s life insurance subsidiaries are domiciled require the preparation of statutory-basis financial statements in conformity with the NAIC Accounting Practices and Procedures Manual, subject to any deviations prescribed or permitted by the applicable insurance commissioner and/or director. Statutory accounting practices differ from GAAP primarily since they require charging policy acquisition and certain sales inducement costs to expense as incurred, establishing life insurance reserves based on different actuarial assumptions, and valuing certain investments and establishing deferred taxes on a different basis.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p id="xdx_894_ecustom--ScheduleOfStatutoryAccountingPracticesTextBlock_zc7KyWTwiGh1" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Statutory net income and capital and surplus of the Company’s insurance subsidiaries, determined in accordance with statutory accounting practices prescribed or permitted by insurance regulatory authorities are as follows:</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span id="xdx_8B6_z5KAKKPSMjSf" style="display: none">Schedule of Statutory Accounting Practices</span><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <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> </td> <td colspan="6" style="text-align: center">Statutory Net Income</td><td> </td><td> </td> <td colspan="6" style="text-align: center">Statutory Capital and Surplus</td><td> </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">Years Ended December 31</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</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">2021</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">2020</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">2021</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">2020</td><td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Amounts by insurance subsidiary:</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="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: 44%; text-align: left">Security National Life Insurance Company</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_98F_eus-gaap--StatutoryAccountingPracticesStatutoryNetIncomeAmount_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--SecurityNationalLifeInsuranceMember_zAUzAAJ7dJcc" style="width: 10%; text-align: right" title="Statutory net income amount">5,552,116</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_98B_eus-gaap--StatutoryAccountingPracticesStatutoryNetIncomeAmount_pp0p0_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--SecurityNationalLifeInsuranceMember_zwYtQTBKu9od" style="width: 10%; text-align: right" title="Statutory net income amount">6,054,764</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_984_eus-gaap--StatutoryAccountingPracticesStatutoryCapitalAndSurplusBalance_iI_pp0p0_c20211231__us-gaap--StatementBusinessSegmentsAxis__custom--SecurityNationalLifeInsuranceMember_z4u3gGjwuaD8" style="width: 10%; text-align: right" title="Statutory capital and surplus, balance">57,424,808</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_98A_eus-gaap--StatutoryAccountingPracticesStatutoryCapitalAndSurplusBalance_iI_pp0p0_c20201231__us-gaap--StatementBusinessSegmentsAxis__custom--SecurityNationalLifeInsuranceMember_zKsPI7c3uEM3" style="width: 10%; text-align: right" title="Statutory capital and surplus, balance">53,089,185</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">Kilpatrick Life Insurance Company</td><td> </td> <td style="text-align: left"> </td><td id="xdx_988_eus-gaap--StatutoryAccountingPracticesStatutoryNetIncomeAmount_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--KilpatrickLifeInsuranceCompanyMember_zMrQ53yOcem9" style="text-align: right" title="Statutory net income amount">1,312,718</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98B_eus-gaap--StatutoryAccountingPracticesStatutoryNetIncomeAmount_pp0p0_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--KilpatrickLifeInsuranceCompanyMember_z33KbOMAQB3b" style="text-align: right" title="Statutory net income amount">1,574,128</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98F_eus-gaap--StatutoryAccountingPracticesStatutoryCapitalAndSurplusBalance_iI_pp0p0_c20211231__us-gaap--StatementBusinessSegmentsAxis__custom--KilpatrickLifeInsuranceCompanyMember_zJQQJWwoNmP7" style="text-align: right" title="Statutory capital and surplus, balance">15,566,231</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_987_eus-gaap--StatutoryAccountingPracticesStatutoryCapitalAndSurplusBalance_iI_pp0p0_c20201231__us-gaap--StatementBusinessSegmentsAxis__custom--KilpatrickLifeInsuranceCompanyMember_zxqCjVJIhDSb" style="text-align: right" title="Statutory capital and surplus, balance">15,177,996</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left">First Guaranty Insurance Company</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98D_eus-gaap--StatutoryAccountingPracticesStatutoryNetIncomeAmount_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--FirstGuarantyInsuranceCompanyMember_zbFrVj1TjqJb" style="text-align: right" title="Statutory net income amount">624,550</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_988_eus-gaap--StatutoryAccountingPracticesStatutoryNetIncomeAmount_pp0p0_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--FirstGuarantyInsuranceCompanyMember_zfESMkN2BNZ2" style="text-align: right" title="Statutory net income amount">790,221</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_987_eus-gaap--StatutoryAccountingPracticesStatutoryCapitalAndSurplusBalance_iI_pp0p0_c20211231__us-gaap--StatementBusinessSegmentsAxis__custom--FirstGuarantyInsuranceCompanyMember_z8UccUTwwpg7" style="text-align: right" title="Statutory capital and surplus, balance">7,734,357</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_987_eus-gaap--StatutoryAccountingPracticesStatutoryCapitalAndSurplusBalance_iI_pp0p0_c20201231__us-gaap--StatementBusinessSegmentsAxis__custom--FirstGuarantyInsuranceCompanyMember_z0x6MNLgPcL" style="text-align: right" title="Statutory capital and surplus, balance">7,045,644</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Memorial Insurance Company of America</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98E_eus-gaap--StatutoryAccountingPracticesStatutoryNetIncomeAmount_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--MemorialInsuranceCompanyOfAmericaMember_zCHgp5CzYvgg" style="text-align: right" title="Statutory net income amount">37</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_983_eus-gaap--StatutoryAccountingPracticesStatutoryNetIncomeAmount_pp0p0_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--MemorialInsuranceCompanyOfAmericaMember_zBzYt9PII84i" style="text-align: right" title="Statutory net income amount">55</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_983_eus-gaap--StatutoryAccountingPracticesStatutoryCapitalAndSurplusBalance_iI_pp0p0_c20211231__us-gaap--StatementBusinessSegmentsAxis__custom--MemorialInsuranceCompanyOfAmericaMember_zxE2dVGgJzQc" style="text-align: right" title="Statutory capital and surplus, balance"><span style="-sec-ix-hidden: xdx2ixbrl3120">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98A_eus-gaap--StatutoryAccountingPracticesStatutoryCapitalAndSurplusBalance_iI_pp0p0_c20201231__us-gaap--StatementBusinessSegmentsAxis__custom--MemorialInsuranceCompanyOfAmericaMember_zdPad4SvHGpc" style="text-align: right" title="Statutory capital and surplus, balance">1,088,034</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Southern Security Life Insurance Company, Inc.</td><td> </td> <td style="text-align: left"> </td><td id="xdx_985_eus-gaap--StatutoryAccountingPracticesStatutoryNetIncomeAmount_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--SouthernSecurityLifeInsuranceCompanyIncMember_zF3ujh8mbaHh" style="text-align: right" title="Statutory net income amount">275</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_989_eus-gaap--StatutoryAccountingPracticesStatutoryNetIncomeAmount_pp0p0_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--SouthernSecurityLifeInsuranceCompanyIncMember_zvT3cIwO2Zy9" style="text-align: right" title="Statutory net income amount">183</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98A_eus-gaap--StatutoryAccountingPracticesStatutoryCapitalAndSurplusBalance_iI_pp0p0_c20211231__us-gaap--StatementBusinessSegmentsAxis__custom--SouthernSecurityLifeInsuranceCompanyIncMember_zKxdl0ouHilg" style="text-align: right" title="Statutory capital and surplus, balance">1,578,225</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98C_eus-gaap--StatutoryAccountingPracticesStatutoryCapitalAndSurplusBalance_iI_pp0p0_c20201231__us-gaap--StatementBusinessSegmentsAxis__custom--SouthernSecurityLifeInsuranceCompanyIncMember_zzmPjtTYAwPd" style="text-align: right" title="Statutory capital and surplus, balance">1,581,647</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">Trans-Western Life Insurance Company</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98E_eus-gaap--StatutoryAccountingPracticesStatutoryNetIncomeAmount_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--TransWesternLifeInsuranceCompanyMember_z9o8OJ33DeL6" style="border-bottom: Black 1pt solid; text-align: right" title="Statutory net income amount">(2,089</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--StatutoryAccountingPracticesStatutoryNetIncomeAmount_pp0p0_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--TransWesternLifeInsuranceCompanyMember_ztwvfoV9w2x2" style="border-bottom: Black 1pt solid; text-align: right" title="Statutory net income amount">(1,527</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--StatutoryAccountingPracticesStatutoryCapitalAndSurplusBalance_iI_pp0p0_c20211231__us-gaap--StatementBusinessSegmentsAxis__custom--TransWesternLifeInsuranceCompanyMember_zmlcNFt8R4Nj" style="border-bottom: Black 1pt solid; text-align: right" title="Statutory capital and surplus, balance">508,547</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--StatutoryAccountingPracticesStatutoryCapitalAndSurplusBalance_iI_pp0p0_c20201231__us-gaap--StatementBusinessSegmentsAxis__custom--TransWesternLifeInsuranceCompanyMember_zUeY6vkrK3Al" style="border-bottom: Black 1pt solid; text-align: right" title="Statutory capital and surplus, balance">510,636</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">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--StatutoryAccountingPracticesStatutoryNetIncomeAmount_pp0p0_c20210101__20211231_zfh3ZmJTZ0P9" style="border-bottom: Black 2.5pt double; text-align: right" title="Statutory net income amount">7,487,607</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_980_eus-gaap--StatutoryAccountingPracticesStatutoryNetIncomeAmount_pp0p0_c20200101__20201231_zs9kPE8bjui3" style="border-bottom: Black 2.5pt double; text-align: right" title="Statutory net income amount">8,417,824</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_981_eus-gaap--StatutoryAccountingPracticesStatutoryCapitalAndSurplusBalance_iI_pp0p0_c20211231_z9PdFVS1R3I5" style="border-bottom: Black 2.5pt double; text-align: right" title="Statutory capital and surplus, balance">82,812,168</td><td style="padding-bottom: 2.5pt; 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--StatutoryAccountingPracticesStatutoryCapitalAndSurplusBalance_iI_pp0p0_c20201231_zh3lpMQVjDij" style="border-bottom: Black 2.5pt double; text-align: right" title="Statutory capital and surplus, balance">78,493,142</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> <p id="xdx_8A9_zQqKxWr8nbm3" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Utah, Louisiana, Mississippi and Texas Insurance Departments impose minimum risk-based capital (RBC) requirements that were developed by the NAIC on insurance enterprises. The formulas for determining the RBC specify various factors that are applied to financial balances or various levels of activity based on the perceived degree of risk. Regulatory compliance is determined by a ratio (the Ratio) of the enterprise’s regulatory total adjusted capital, as defined by the NAIC, to its authorized control level, as defined by the NAIC. Enterprises below specific trigger points or ratios are classified within certain levels, each of which requires specified corrective action. The life insurance subsidiaries each have a ratio that is greater than the first level of regulatory action as of December 31, 2021.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Generally, the net assets of the life insurance subsidiaries available for transfer to the Company are limited to the amounts of the life insurance subsidiaries net assets, as determined in accordance with statutory accounting practices, that exceed minimum statutory capital requirements. Additional requirements must be met depending on the state, and payments of such amounts as dividends are subject to approval by regulatory authorities.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">SECURITY NATIONAL FINANCIAL CORPORATION</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">AND SUBSIDIARIES</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Notes to Consolidated Financial Statements</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Years Ended December 31, 2021 and 2020</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">14) <span style="text-decoration: underline">Statutory Financial Information and Dividend Limitations</span> (Continued)</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Under the Utah Insurance Code, Security National Life Insurance Company is permitted to pay stockholder dividends, or otherwise make distributions, to the Company subject to certain limitations. Security National Life Insurance Company must ensure that its surplus held for policyholders is reasonable in relation to its outstanding liabilities and adequate to its financial needs after payment of any such dividend or distribution. Furthermore, where any dividend or distribution, together with all other dividends and distributions made within the preceding 12 months, exceeds the lesser of (i) 10% of its surplus held for policyholders as of the next preceding December 31; or (ii) its net gain from operations, not including realized capital gains, for the 12-month period ending the next preceding December 31, such dividend or distribution constitutes “extraordinary” under Utah law and Security National Life Insurance Company would be required to file notice of its intention to declare such a dividend or make such a distribution with the Utah Commissioner and the Utah Commissioner must either approve the distribution or dividend or not disapprove the dividend or distribution within 30 days’ of the notice filing. Based on Security National Life Insurance Company’s surplus held for policyholders and net gain from operations as of December 31, 2021, the maximum aggregate amount of dividends and distributions that it could pay or make in 2022 and which would not constitute an “extraordinary” dividend or distribution under Utah law, and would therefore not require notice and approval or lack of disproval from the Utah Commissioner, would be approximately $<span id="xdx_90E_eus-gaap--DividendsCash_pp0p0_c20210101__20211231_zfXVOjedG5Ud" title="Cash dividend paid">5,054,000</span>.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Under the Louisiana Insurance Code, First Guaranty Insurance Company and Kilpatrick Life Insurance Company are permitted to pay stockholder dividends, or otherwise make distributions, to the Company subject to certain limitations. First Guaranty Insurance Company and Kilpatrick Life Insurance Company must ensure that its surplus held for policyholders is reasonable in relation to its outstanding liabilities and adequate to its financial needs after payment of any such dividend or distribution. Furthermore, where any dividend or distribution, together with all other dividends and distributions made within the preceding 12 months, exceeds the lesser of (i) 10% of its surplus held for policyholders as of the next preceding December 31; or (ii) its net gain from operations, not including realized capital gains, for the 12-month period ending the next preceding December 31, such dividend or distribution constitutes “extraordinary” under Louisiana law and First Guaranty Insurance Company and Kilpatrick Life Insurance Company would be required to file notice of its intention to declare such a dividend or make such a distribution with the Louisiana Commissioner and the Louisiana Commissioner must either approve the distribution or dividend or not disapprove the dividend or distribution within 30 days’ of the notice filing. Based on First Guaranty Insurance Company’s and Kilpatrick Life Insurance Company’s surplus held for policyholders and net gain from operations as of December 31, 2021, the maximum aggregate amount of dividends and distributions that it could pay or make in 2022 and which would not constitute an “extraordinary” dividend or distribution under Louisiana law, and would therefore not require notice and approval or lack of disproval from the Louisiana Commissioner, would be approximately $<span id="xdx_90C_eus-gaap--DividendsCash_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--FirstGuarantyInsuranceCompanyMember_z2GcnPRpUCh" title="Cash dividend paid">605,000</span> for First Guaranty Insurance Company and $<span id="xdx_900_eus-gaap--DividendsCash_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--KilpatrickLifeInsuranceCompanyMember_zDFEd7FRwHLh" title="Cash dividend paid">950,000</span> for Kilpatrick Life Insurance Company.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">SECURITY NATIONAL FINANCIAL CORPORATION</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">AND SUBSIDIARIES</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Notes to Consolidated Financial Statements</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Years Ended December 31, 2021 and 2020</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p id="xdx_894_ecustom--ScheduleOfStatutoryAccountingPracticesTextBlock_zc7KyWTwiGh1" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Statutory net income and capital and surplus of the Company’s insurance subsidiaries, determined in accordance with statutory accounting practices prescribed or permitted by insurance regulatory authorities are as follows:</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span id="xdx_8B6_z5KAKKPSMjSf" style="display: none">Schedule of Statutory Accounting Practices</span><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <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> </td> <td colspan="6" style="text-align: center">Statutory Net Income</td><td> </td><td> </td> <td colspan="6" style="text-align: center">Statutory Capital and Surplus</td><td> </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">Years Ended December 31</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</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">2021</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">2020</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">2021</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">2020</td><td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Amounts by insurance subsidiary:</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="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: 44%; text-align: left">Security National Life Insurance Company</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_98F_eus-gaap--StatutoryAccountingPracticesStatutoryNetIncomeAmount_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--SecurityNationalLifeInsuranceMember_zAUzAAJ7dJcc" style="width: 10%; text-align: right" title="Statutory net income amount">5,552,116</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_98B_eus-gaap--StatutoryAccountingPracticesStatutoryNetIncomeAmount_pp0p0_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--SecurityNationalLifeInsuranceMember_zwYtQTBKu9od" style="width: 10%; text-align: right" title="Statutory net income amount">6,054,764</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_984_eus-gaap--StatutoryAccountingPracticesStatutoryCapitalAndSurplusBalance_iI_pp0p0_c20211231__us-gaap--StatementBusinessSegmentsAxis__custom--SecurityNationalLifeInsuranceMember_z4u3gGjwuaD8" style="width: 10%; text-align: right" title="Statutory capital and surplus, balance">57,424,808</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_98A_eus-gaap--StatutoryAccountingPracticesStatutoryCapitalAndSurplusBalance_iI_pp0p0_c20201231__us-gaap--StatementBusinessSegmentsAxis__custom--SecurityNationalLifeInsuranceMember_zKsPI7c3uEM3" style="width: 10%; text-align: right" title="Statutory capital and surplus, balance">53,089,185</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">Kilpatrick Life Insurance Company</td><td> </td> <td style="text-align: left"> </td><td id="xdx_988_eus-gaap--StatutoryAccountingPracticesStatutoryNetIncomeAmount_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--KilpatrickLifeInsuranceCompanyMember_zMrQ53yOcem9" style="text-align: right" title="Statutory net income amount">1,312,718</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98B_eus-gaap--StatutoryAccountingPracticesStatutoryNetIncomeAmount_pp0p0_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--KilpatrickLifeInsuranceCompanyMember_z33KbOMAQB3b" style="text-align: right" title="Statutory net income amount">1,574,128</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98F_eus-gaap--StatutoryAccountingPracticesStatutoryCapitalAndSurplusBalance_iI_pp0p0_c20211231__us-gaap--StatementBusinessSegmentsAxis__custom--KilpatrickLifeInsuranceCompanyMember_zJQQJWwoNmP7" style="text-align: right" title="Statutory capital and surplus, balance">15,566,231</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_987_eus-gaap--StatutoryAccountingPracticesStatutoryCapitalAndSurplusBalance_iI_pp0p0_c20201231__us-gaap--StatementBusinessSegmentsAxis__custom--KilpatrickLifeInsuranceCompanyMember_zxqCjVJIhDSb" style="text-align: right" title="Statutory capital and surplus, balance">15,177,996</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left">First Guaranty Insurance Company</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98D_eus-gaap--StatutoryAccountingPracticesStatutoryNetIncomeAmount_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--FirstGuarantyInsuranceCompanyMember_zbFrVj1TjqJb" style="text-align: right" title="Statutory net income amount">624,550</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_988_eus-gaap--StatutoryAccountingPracticesStatutoryNetIncomeAmount_pp0p0_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--FirstGuarantyInsuranceCompanyMember_zfESMkN2BNZ2" style="text-align: right" title="Statutory net income amount">790,221</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_987_eus-gaap--StatutoryAccountingPracticesStatutoryCapitalAndSurplusBalance_iI_pp0p0_c20211231__us-gaap--StatementBusinessSegmentsAxis__custom--FirstGuarantyInsuranceCompanyMember_z8UccUTwwpg7" style="text-align: right" title="Statutory capital and surplus, balance">7,734,357</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_987_eus-gaap--StatutoryAccountingPracticesStatutoryCapitalAndSurplusBalance_iI_pp0p0_c20201231__us-gaap--StatementBusinessSegmentsAxis__custom--FirstGuarantyInsuranceCompanyMember_z0x6MNLgPcL" style="text-align: right" title="Statutory capital and surplus, balance">7,045,644</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Memorial Insurance Company of America</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98E_eus-gaap--StatutoryAccountingPracticesStatutoryNetIncomeAmount_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--MemorialInsuranceCompanyOfAmericaMember_zCHgp5CzYvgg" style="text-align: right" title="Statutory net income amount">37</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_983_eus-gaap--StatutoryAccountingPracticesStatutoryNetIncomeAmount_pp0p0_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--MemorialInsuranceCompanyOfAmericaMember_zBzYt9PII84i" style="text-align: right" title="Statutory net income amount">55</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_983_eus-gaap--StatutoryAccountingPracticesStatutoryCapitalAndSurplusBalance_iI_pp0p0_c20211231__us-gaap--StatementBusinessSegmentsAxis__custom--MemorialInsuranceCompanyOfAmericaMember_zxE2dVGgJzQc" style="text-align: right" title="Statutory capital and surplus, balance"><span style="-sec-ix-hidden: xdx2ixbrl3120">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98A_eus-gaap--StatutoryAccountingPracticesStatutoryCapitalAndSurplusBalance_iI_pp0p0_c20201231__us-gaap--StatementBusinessSegmentsAxis__custom--MemorialInsuranceCompanyOfAmericaMember_zdPad4SvHGpc" style="text-align: right" title="Statutory capital and surplus, balance">1,088,034</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Southern Security Life Insurance Company, Inc.</td><td> </td> <td style="text-align: left"> </td><td id="xdx_985_eus-gaap--StatutoryAccountingPracticesStatutoryNetIncomeAmount_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--SouthernSecurityLifeInsuranceCompanyIncMember_zF3ujh8mbaHh" style="text-align: right" title="Statutory net income amount">275</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_989_eus-gaap--StatutoryAccountingPracticesStatutoryNetIncomeAmount_pp0p0_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--SouthernSecurityLifeInsuranceCompanyIncMember_zvT3cIwO2Zy9" style="text-align: right" title="Statutory net income amount">183</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98A_eus-gaap--StatutoryAccountingPracticesStatutoryCapitalAndSurplusBalance_iI_pp0p0_c20211231__us-gaap--StatementBusinessSegmentsAxis__custom--SouthernSecurityLifeInsuranceCompanyIncMember_zKxdl0ouHilg" style="text-align: right" title="Statutory capital and surplus, balance">1,578,225</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98C_eus-gaap--StatutoryAccountingPracticesStatutoryCapitalAndSurplusBalance_iI_pp0p0_c20201231__us-gaap--StatementBusinessSegmentsAxis__custom--SouthernSecurityLifeInsuranceCompanyIncMember_zzmPjtTYAwPd" style="text-align: right" title="Statutory capital and surplus, balance">1,581,647</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">Trans-Western Life Insurance Company</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98E_eus-gaap--StatutoryAccountingPracticesStatutoryNetIncomeAmount_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--TransWesternLifeInsuranceCompanyMember_z9o8OJ33DeL6" style="border-bottom: Black 1pt solid; text-align: right" title="Statutory net income amount">(2,089</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--StatutoryAccountingPracticesStatutoryNetIncomeAmount_pp0p0_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--TransWesternLifeInsuranceCompanyMember_ztwvfoV9w2x2" style="border-bottom: Black 1pt solid; text-align: right" title="Statutory net income amount">(1,527</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--StatutoryAccountingPracticesStatutoryCapitalAndSurplusBalance_iI_pp0p0_c20211231__us-gaap--StatementBusinessSegmentsAxis__custom--TransWesternLifeInsuranceCompanyMember_zmlcNFt8R4Nj" style="border-bottom: Black 1pt solid; text-align: right" title="Statutory capital and surplus, balance">508,547</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--StatutoryAccountingPracticesStatutoryCapitalAndSurplusBalance_iI_pp0p0_c20201231__us-gaap--StatementBusinessSegmentsAxis__custom--TransWesternLifeInsuranceCompanyMember_zUeY6vkrK3Al" style="border-bottom: Black 1pt solid; text-align: right" title="Statutory capital and surplus, balance">510,636</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">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--StatutoryAccountingPracticesStatutoryNetIncomeAmount_pp0p0_c20210101__20211231_zfh3ZmJTZ0P9" style="border-bottom: Black 2.5pt double; text-align: right" title="Statutory net income amount">7,487,607</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_980_eus-gaap--StatutoryAccountingPracticesStatutoryNetIncomeAmount_pp0p0_c20200101__20201231_zs9kPE8bjui3" style="border-bottom: Black 2.5pt double; text-align: right" title="Statutory net income amount">8,417,824</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_981_eus-gaap--StatutoryAccountingPracticesStatutoryCapitalAndSurplusBalance_iI_pp0p0_c20211231_z9PdFVS1R3I5" style="border-bottom: Black 2.5pt double; text-align: right" title="Statutory capital and surplus, balance">82,812,168</td><td style="padding-bottom: 2.5pt; 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--StatutoryAccountingPracticesStatutoryCapitalAndSurplusBalance_iI_pp0p0_c20201231_zh3lpMQVjDij" style="border-bottom: Black 2.5pt double; text-align: right" title="Statutory capital and surplus, balance">78,493,142</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> 5552116 6054764 57424808 53089185 1312718 1574128 15566231 15177996 624550 790221 7734357 7045644 37 55 1088034 275 183 1578225 1581647 -2089 -1527 508547 510636 7487607 8417824 82812168 78493142 5054000 605000 950000 <p id="xdx_807_eus-gaap--SegmentReportingDisclosureTextBlock_z0FWQD0ELDPd" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">15) <span style="text-decoration: underline"><span id="xdx_826_zveDxg7H58sa">Business Segment Information</span></span></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Description of Products and Services by Segment</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font: normal 10pt Times New Roman, Times, Serif"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font: normal 10pt Times New Roman, Times, Serif">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 pre-sold loans before the funds are received from financial institutional investors.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font: normal 10pt Times New Roman, Times, Serif"> </span></p> <p style="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Measurement of Segment Profit or Loss and Segment Assets</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font: normal 10pt Times New Roman, Times, Serif"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font: normal 10pt Times New Roman, Times, Serif">The accounting policies of the reportable segments are the same as those described in the Significant Accounting Principles. Intersegment revenues are recorded at cost plus an agreed upon intercompany profit, and are eliminated upon consolidation.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font: normal 10pt Times New Roman, Times, Serif"> </span></p> <p style="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Factors Management Used to Identify the Enterprise’s Reportable Segments</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0pt; margin-bottom: 0pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">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.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">SECURITY NATIONAL FINANCIAL CORPORATION</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">AND SUBSIDIARIES</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Notes to Consolidated Financial Statements</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Years Ended December 31, 2021 and 2020</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">15) <span style="text-decoration: underline">Business Segment Information</span> (Continued)</span></p> <p id="xdx_895_eus-gaap--ScheduleOfSegmentReportingInformationBySegmentTextBlock_zrkDsXgm7awe" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span id="xdx_8BA_zYL1YQEJcuQ7" style="display: none">Schedule of Revenues and Expenses by Reportable Segment</span><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <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="18" style="border-bottom: Black 1pt solid; text-align: center">Year Ended December 31, 2021</td><td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td> </td> <td colspan="2" style="text-align: center">Life</td><td> </td><td> </td> <td colspan="2" style="text-align: center">Cemetery/</td><td> </td><td> </td> <td colspan="2"> </td><td> </td><td> </td> <td colspan="2" style="text-align: center">Intercompany</td><td> </td><td> </td> <td colspan="2"> </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">Insurance</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">Mortuary</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</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">Eliminations</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">Consolidated</td><td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td>Revenues:</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><td> </td> <td colspan="2"> </td><td> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left">From external sources:</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="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: 35%; text-align: left">Revenue from customers</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_981_ecustom--RevenueFromCustomers_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--LifeInsuranceSegmentsMember_z5bwFvYPRBUk" style="width: 9%; text-align: right" title="Revenue from customers">100,254,573</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_986_ecustom--RevenueFromCustomers_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--CemeteryAndMortuaryMember_zxuuPcdEspl1" style="width: 9%; text-align: right" title="Revenue from customers">23,997,313</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_98A_ecustom--RevenueFromCustomers_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--MortgageMember_zL08cPMzHtxb" style="width: 9%; text-align: right" title="Revenue from customers">263,418,230</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--RevenueFromCustomers_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--IntercompanyEliminationsMember_zXg7g0bM5Isf" style="width: 9%; text-align: right" title="Revenue from customers"><span style="-sec-ix-hidden: xdx2ixbrl3164">-</span></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_ecustom--RevenueFromCustomers_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--ConsolidatedMember_zI9cDQQBFOzl" style="width: 9%; text-align: right" title="Revenue from customers">387,670,116</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Net investment income</td><td> </td> <td style="text-align: left"> </td><td id="xdx_988_eus-gaap--InvestmentIncomeNet_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--LifeInsuranceSegmentsMember_zNwCXoSdeuGf" style="text-align: right" title="Net investment income">56,091,725</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_985_eus-gaap--InvestmentIncomeNet_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--CemeteryAndMortuaryMember_zFRwthqM9vh5" style="text-align: right" title="Net investment income">1,653,940</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98F_eus-gaap--InvestmentIncomeNet_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--MortgageMember_zKWyVY9p9Dl7" style="text-align: right" title="Net investment income">519,018</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98E_eus-gaap--InvestmentIncomeNet_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--IntercompanyEliminationsMember_z1FRrzqDBkQ7" style="text-align: right" title="Net investment income"><span style="-sec-ix-hidden: xdx2ixbrl3174">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98E_eus-gaap--InvestmentIncomeNet_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--ConsolidatedMember_z1I47iJ11UL7" style="text-align: right" title="Net investment income">58,264,683</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Gains on investments and other assets</td><td> </td> <td style="text-align: left"> </td><td id="xdx_989_eus-gaap--GainLossOnInvestments_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--LifeInsuranceSegmentsMember_zV4vgboX4aif" style="text-align: right" title="Gains on investments and other assets">4,554,528</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_985_eus-gaap--GainLossOnInvestments_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--CemeteryAndMortuaryMember_z12S8y32AHJ3" style="text-align: right" title="Gains on investments and other assets">1,511,965</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_988_eus-gaap--GainLossOnInvestments_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--MortgageMember_zWQd1I02XoVd" style="text-align: right" title="Gains on investments and other assets">198,641</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98E_eus-gaap--GainLossOnInvestments_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--IntercompanyEliminationsMember_zKCce1jFcCvc" style="text-align: right" title="Gains on investments and other assets"><span style="-sec-ix-hidden: xdx2ixbrl3184">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_985_eus-gaap--GainLossOnInvestments_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--ConsolidatedMember_zhFeB0WQmmFb" style="text-align: right" title="Gains on investments and other assets">6,265,134</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Other than temporary impairments</td><td> </td> <td style="text-align: left"> </td><td id="xdx_989_eus-gaap--EquityMethodInvestmentOtherThanTemporaryImpairment_iN_pp0p0_di_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--LifeInsuranceSegmentsMember_zTO5Ibw1YD6a" style="text-align: right" title="Other than temporary impairments">(39,502</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98E_eus-gaap--EquityMethodInvestmentOtherThanTemporaryImpairment_iN_pp0p0_di_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--CemeteryAndMortuaryMember_zbWI6cMh7JQd" style="text-align: right" title="Other than temporary impairments"><span style="-sec-ix-hidden: xdx2ixbrl3190">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_985_eus-gaap--EquityMethodInvestmentOtherThanTemporaryImpairment_iN_pp0p0_di_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--MortgageMember_zVD47sZf6fTf" style="text-align: right" title="Other than temporary impairments"><span style="-sec-ix-hidden: xdx2ixbrl3192">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98F_eus-gaap--EquityMethodInvestmentOtherThanTemporaryImpairment_iN_pp0p0_di_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--IntercompanyEliminationsMember_z9dymtUclWE8" style="text-align: right" title="Other than temporary impairments"><span style="-sec-ix-hidden: xdx2ixbrl3194">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98D_eus-gaap--EquityMethodInvestmentOtherThanTemporaryImpairment_iN_pp0p0_di_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--ConsolidatedMember_z4kizLYce6e5" style="text-align: right" title="Other than temporary impairments">(39,502</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 revenues</td><td> </td> <td style="text-align: left"> </td><td id="xdx_986_eus-gaap--OtherIncome_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--LifeInsuranceSegmentsMember_z0oKDSRT4K4d" style="text-align: right" title="Other revenues">2,152,531</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98C_eus-gaap--OtherIncome_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--CemeteryAndMortuaryMember_zrAKGpmRwrJ6" style="text-align: right" title="Other revenues">100,255</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98D_eus-gaap--OtherIncome_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--MortgageMember_z6ycqYRitpGj" style="text-align: right" title="Other revenues">16,282,325</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98B_eus-gaap--OtherIncome_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--IntercompanyEliminationsMember_z61gAjUsEiSk" style="text-align: right" title="Other revenues"><span style="-sec-ix-hidden: xdx2ixbrl3204">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_987_eus-gaap--OtherIncome_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--ConsolidatedMember_zn5bA0AAFBDe" style="text-align: right" title="Other revenues">18,535,111</td><td style="text-align: left"> </td></tr> <tr 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"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="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">Net investment income</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_988_eus-gaap--NetInvestmentIncome_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--LifeInsuranceSegmentsMember_zjXUoRqiI0V6" style="border-bottom: Black 1pt solid; text-align: right" title="Net investment income">7,569,875</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--NetInvestmentIncome_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--CemeteryAndMortuaryMember_zyB0SIBnGay8" style="border-bottom: Black 1pt solid; text-align: right" title="Net investment income">314,001</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--NetInvestmentIncome_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--MortgageMember_zpfzxa4OoQg1" style="border-bottom: Black 1pt solid; text-align: right" title="Net investment income">599,115</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--NetInvestmentIncome_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--IntercompanyEliminationsMember_zHhar5ls3e0f" style="border-bottom: Black 1pt solid; text-align: right" title="Net investment income">(8,482,991</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--NetInvestmentIncome_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--ConsolidatedMember_z3VnnWGslrBl" style="border-bottom: Black 1pt solid; text-align: right" title="Net investment income"><span style="-sec-ix-hidden: xdx2ixbrl3216">-</span></td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 1pt">Total revenues</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_987_eus-gaap--Revenues_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--LifeInsuranceSegmentsMember_zHJ4JLDNISO6" style="border-bottom: Black 1pt solid; text-align: right" title="Total revenues">170,583,730</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--Revenues_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--CemeteryAndMortuaryMember_zLOVuZ63UmMf" style="border-bottom: Black 1pt solid; text-align: right" title="Total revenues">27,577,474</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--Revenues_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--MortgageMember_zxA0OXDNmIvj" style="border-bottom: Black 1pt solid; text-align: right" title="Total revenues">281,017,329</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--Revenues_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--IntercompanyEliminationsMember_zi5fw3u7wNK1" style="border-bottom: Black 1pt solid; text-align: right" title="Total revenues">(8,482,991</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--Revenues_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--ConsolidatedMember_zb9frUDHgod4" style="border-bottom: Black 1pt solid; text-align: right" title="Total revenues">470,695,542</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td>Expenses:</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="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">Death, surrenders and other policy benefits</td><td> </td> <td style="text-align: left"> </td><td id="xdx_981_ecustom--DeathAndOtherPolicyBenefits_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--LifeInsuranceSegmentsMember_zhmaN1FLCG37" style="text-align: right" title="Death, surrenders and other policy benefits">67,218,455</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98E_ecustom--DeathAndOtherPolicyBenefits_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--CemeteryAndMortuaryMember_zzVRSY87jDvj" style="text-align: right" title="Death, surrenders and other policy benefits"><span style="-sec-ix-hidden: xdx2ixbrl3230">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98A_ecustom--DeathAndOtherPolicyBenefits_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--MortgageMember_zEepgu6RQ3B8" style="text-align: right" title="Death, surrenders and other policy benefits"><span style="-sec-ix-hidden: xdx2ixbrl3232">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98D_ecustom--DeathAndOtherPolicyBenefits_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--IntercompanyEliminationsMember_zUlOAdHv6n1d" style="text-align: right" title="Death, surrenders and other policy benefits"><span style="-sec-ix-hidden: xdx2ixbrl3234">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_985_ecustom--DeathAndOtherPolicyBenefits_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--ConsolidatedMember_zi3mhW3jUmH3" style="text-align: right" title="Death, surrenders and other policy benefits">67,218,455</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Increase in future policy benefits</td><td> </td> <td style="text-align: left"> </td><td id="xdx_988_eus-gaap--IncreaseDecreaseInFuturePolicyBenefitReserves_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--LifeInsuranceSegmentsMember_zni6JH7vJybg" style="text-align: right" title="Increase in future policy benefits">26,263,312</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_986_eus-gaap--IncreaseDecreaseInFuturePolicyBenefitReserves_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--CemeteryAndMortuaryMember_znEgwzag0Vie" style="text-align: right" title="Increase in future policy benefits"><span style="-sec-ix-hidden: xdx2ixbrl3240">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_989_eus-gaap--IncreaseDecreaseInFuturePolicyBenefitReserves_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--MortgageMember_zdBRgFZbNWh2" style="text-align: right" title="Increase in future policy benefits"><span style="-sec-ix-hidden: xdx2ixbrl3242">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98E_eus-gaap--IncreaseDecreaseInFuturePolicyBenefitReserves_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--IntercompanyEliminationsMember_zuKxAPjYQ41g" style="text-align: right" title="Increase in future policy benefits"><span style="-sec-ix-hidden: xdx2ixbrl3244">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98F_eus-gaap--IncreaseDecreaseInFuturePolicyBenefitReserves_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--ConsolidatedMember_zo1nJjhZ17Ne" style="text-align: right" title="Increase in future policy benefits">26,263,312</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Amortization of deferred policy and pre-need acquisition costs and value of business acquired</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98B_ecustom--AmortizationOfDeferredPolicyAndPreNeedAcquisitionCostsAndValueOfBusinessAcquired_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--LifeInsuranceSegmentsMember_zwts0wFzG4M9" style="text-align: right" title="Amortization of deferred policy and pre-need acquisition costs and value of business acquired">15,611,374</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_982_ecustom--AmortizationOfDeferredPolicyAndPreNeedAcquisitionCostsAndValueOfBusinessAcquired_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--CemeteryAndMortuaryMember_zREgwQcmkRgi" style="text-align: right" title="Amortization of deferred policy and pre-need acquisition costs and value of business acquired">531,596</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_982_ecustom--AmortizationOfDeferredPolicyAndPreNeedAcquisitionCostsAndValueOfBusinessAcquired_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--MortgageMember_zLKQV7bBb3Se" style="text-align: right" title="Amortization of deferred policy and pre-need acquisition costs and value of business acquired"><span style="-sec-ix-hidden: xdx2ixbrl3252">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_988_ecustom--AmortizationOfDeferredPolicyAndPreNeedAcquisitionCostsAndValueOfBusinessAcquired_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--IntercompanyEliminationsMember_z4mWymITebj8" style="text-align: right" title="Amortization of deferred policy and pre-need acquisition costs and value of business acquired"><span style="-sec-ix-hidden: xdx2ixbrl3254">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98F_ecustom--AmortizationOfDeferredPolicyAndPreNeedAcquisitionCostsAndValueOfBusinessAcquired_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--ConsolidatedMember_zVAIQpIxxIUb" style="text-align: right" title="Amortization of deferred policy and pre-need acquisition costs and value of business acquired">16,142,970</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Selling, general and administrative expenses:</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="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">Commissions</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98D_eus-gaap--SalesCommissionsAndFees_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--LifeInsuranceSegmentsMember_z7n4zvZj8BI6" style="text-align: right" title="Commissions">3,514,498</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_983_eus-gaap--SalesCommissionsAndFees_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--CemeteryAndMortuaryMember_zgEL1Wb1Wk8a" style="text-align: right" title="Commissions">1,917,899</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_986_eus-gaap--SalesCommissionsAndFees_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--MortgageMember_zOu2IpNqpRB" style="text-align: right" title="Commissions">112,854,072</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98C_eus-gaap--SalesCommissionsAndFees_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--IntercompanyEliminationsMember_ztwUdKJzXM5c" style="text-align: right" title="Commissions"><span style="-sec-ix-hidden: xdx2ixbrl3264">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98E_eus-gaap--SalesCommissionsAndFees_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--ConsolidatedMember_znSU0QKPMube" style="text-align: right" title="Commissions">118,286,469</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 10pt">Personnel</td><td> </td> <td style="text-align: left"> </td><td id="xdx_982_eus-gaap--SalariesAndWages_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--LifeInsuranceSegmentsMember_zqBq8lNU0Thb" style="text-align: right" title="Personnel">25,009,096</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_982_eus-gaap--SalariesAndWages_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--CemeteryAndMortuaryMember_zx0DnXUuzg48" style="text-align: right" title="Personnel">6,850,617</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_985_eus-gaap--SalariesAndWages_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--MortgageMember_ziEuNLPv3x7l" style="text-align: right" title="Personnel">68,880,448</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_987_eus-gaap--SalariesAndWages_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--IntercompanyEliminationsMember_z9WciOvUwsW9" style="text-align: right" title="Personnel"><span style="-sec-ix-hidden: xdx2ixbrl3274">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_986_eus-gaap--SalariesAndWages_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--ConsolidatedMember_zc3PUm3dNSzi" style="text-align: right" title="Personnel">100,740,161</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-left: 10pt">Advertising</td><td> </td> <td style="text-align: left"> </td><td id="xdx_986_eus-gaap--AdvertisingExpense_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--LifeInsuranceSegmentsMember_zyAFJNyrvAb9" style="text-align: right" title="Advertising">1,160,640</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_986_eus-gaap--AdvertisingExpense_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--CemeteryAndMortuaryMember_zOVbcjx407Wg" style="text-align: right" title="Advertising">570,924</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_982_eus-gaap--AdvertisingExpense_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--MortgageMember_zSXIakSIaFnj" style="text-align: right" title="Advertising">4,894,854</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_981_eus-gaap--AdvertisingExpense_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--IntercompanyEliminationsMember_zVLo2Se9VzD" style="text-align: right" title="Advertising"><span style="-sec-ix-hidden: xdx2ixbrl3284">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_980_eus-gaap--AdvertisingExpense_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--ConsolidatedMember_zuZK1QWkhrcj" style="text-align: right" title="Advertising">6,626,418</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">Rent and rent related</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98F_ecustom--RentAndRentRelated_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--LifeInsuranceSegmentsMember_zpbvNHOndCEf" style="text-align: right" title="Rent and rent related">733,726</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_982_ecustom--RentAndRentRelated_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--CemeteryAndMortuaryMember_zb4ZpS9kDBxi" style="text-align: right" title="Rent and rent related">109,318</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98E_ecustom--RentAndRentRelated_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--MortgageMember_ztlnGWCnEJM2" style="text-align: right" title="Rent and rent related">6,399,243</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_986_ecustom--RentAndRentRelated_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--IntercompanyEliminationsMember_zY0nteZnHVzg" style="text-align: right" title="Rent and rent related"><span style="-sec-ix-hidden: xdx2ixbrl3294">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_983_ecustom--RentAndRentRelated_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--ConsolidatedMember_zro63rWPUJS5" style="text-align: right" title="Rent and rent related">7,242,287</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-left: 10pt; text-align: left">Depreciation on property and equipment</td><td> </td> <td style="text-align: left"> </td><td id="xdx_984_eus-gaap--AccumulatedDepreciationDepletionAndAmortizationReclassificationsFromPropertyPlantAndEquipment1_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--LifeInsuranceSegmentsMember_ztVGTdPOzud9" style="text-align: right" title="Depreciation on property and equipment">806,543</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_989_eus-gaap--AccumulatedDepreciationDepletionAndAmortizationReclassificationsFromPropertyPlantAndEquipment1_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--CemeteryAndMortuaryMember_zNWxhY6HE5F9" style="text-align: right" title="Depreciation on property and equipment">479,005</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_984_eus-gaap--AccumulatedDepreciationDepletionAndAmortizationReclassificationsFromPropertyPlantAndEquipment1_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--MortgageMember_zTgx7ygjENJ8" style="text-align: right" title="Depreciation on property and equipment">650,065</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98E_eus-gaap--AccumulatedDepreciationDepletionAndAmortizationReclassificationsFromPropertyPlantAndEquipment1_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--IntercompanyEliminationsMember_zL20h8Q81pQ3" style="text-align: right" title="Depreciation on property and equipment"><span style="-sec-ix-hidden: xdx2ixbrl3304">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_985_eus-gaap--AccumulatedDepreciationDepletionAndAmortizationReclassificationsFromPropertyPlantAndEquipment1_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--ConsolidatedMember_z8hRCyLfos48" style="text-align: right" title="Depreciation on property and equipment">1,935,613</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">Provision for loan loss reserve</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98A_ecustom--ProvisionForLoanLossReserves_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--LifeInsuranceSegmentsMember_z9SD5SMrZnec" style="text-align: right" title="Provision for loan loss reserve"><span style="-sec-ix-hidden: xdx2ixbrl3308">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_985_ecustom--ProvisionForLoanLossReserves_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--CemeteryAndMortuaryMember_zAHGl85UokQd" style="text-align: right" title="Provision for loan loss reserve"><span style="-sec-ix-hidden: xdx2ixbrl3310">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98B_ecustom--ProvisionForLoanLossReserves_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--MortgageMember_zBWc4ZIqYL3h" style="text-align: right" title="Provision for loan loss reserve"><span style="-sec-ix-hidden: xdx2ixbrl3312">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_982_ecustom--ProvisionForLoanLossReserves_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--IntercompanyEliminationsMember_zjGwKoH2BYEl" style="text-align: right" title="Provision for loan loss reserve"><span style="-sec-ix-hidden: xdx2ixbrl3314">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_986_ecustom--ProvisionForLoanLossReserves_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--ConsolidatedMember_z1cfUsgvslwa" style="text-align: right" title="Provision for loan loss reserve"><span style="-sec-ix-hidden: xdx2ixbrl3316">-</span></td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-left: 10pt; text-align: left">Cost related to funding mortgage loans</td><td> </td> <td style="text-align: left"> </td><td id="xdx_982_ecustom--CostOfFundingMortgageLoans_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--LifeInsuranceSegmentsMember_zHkt5OhOsLbi" style="text-align: right" title="Costs related to funding mortgage loans"><span style="-sec-ix-hidden: xdx2ixbrl3318">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_988_ecustom--CostOfFundingMortgageLoans_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--CemeteryAndMortuaryMember_zbv1WPpmHRA5" style="text-align: right" title="Costs related to funding mortgage loans"><span style="-sec-ix-hidden: xdx2ixbrl3320">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_981_ecustom--CostOfFundingMortgageLoans_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--MortgageMember_zbHunvZHnQhc" style="text-align: right" title="Costs related to funding mortgage loans">10,541,570</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98A_ecustom--CostOfFundingMortgageLoans_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--IntercompanyEliminationsMember_zcvZIOSILkbg" style="text-align: right" title="Costs related to funding mortgage loans"><span style="-sec-ix-hidden: xdx2ixbrl3324">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_980_ecustom--CostOfFundingMortgageLoans_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--ConsolidatedMember_zSk2851707Nl" style="text-align: right" title="Costs related to funding mortgage loans">10,541,570</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 10pt">Intersegment</td><td> </td> <td style="text-align: left"> </td><td id="xdx_987_ecustom--AdministrativeCostsIntersegment_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--LifeInsuranceSegmentsMember_zqXaxqtFl198" style="text-align: right" title="Intersegment">497,113</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_987_ecustom--AdministrativeCostsIntersegment_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--CemeteryAndMortuaryMember_zlGgT5dXNSp9" style="text-align: right" title="Intersegment">113,062</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98C_ecustom--AdministrativeCostsIntersegment_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--MortgageMember_zFuUY35l0Nh3" style="text-align: right" title="Intersegment">671,107</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_989_ecustom--AdministrativeCostsIntersegment_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--IntercompanyEliminationsMember_zPXDXbMfcAJf" style="text-align: right" title="Intersegment">(1,281,282</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98C_ecustom--AdministrativeCostsIntersegment_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--ConsolidatedMember_z0B91YOTQgB2" style="text-align: right" title="Intersegment"><span style="-sec-ix-hidden: xdx2ixbrl3336">-</span></td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-left: 10pt">Other</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98C_eus-gaap--OtherGeneralExpense_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--LifeInsuranceSegmentsMember_zzSKq614kuS7" style="text-align: right" title="Other">12,075,374</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98D_eus-gaap--OtherGeneralExpense_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--CemeteryAndMortuaryMember_z5D8AW5XIli2" style="text-align: right" title="Other">5,224,178</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98D_eus-gaap--OtherGeneralExpense_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--MortgageMember_zNqLLsDjzYw3" style="text-align: right" title="Other">35,766,430</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98C_eus-gaap--OtherGeneralExpense_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--IntercompanyEliminationsMember_z4nxHprX3Ii7" style="text-align: right" title="Other"><span style="-sec-ix-hidden: xdx2ixbrl3344">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98A_eus-gaap--OtherGeneralExpense_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--ConsolidatedMember_zQSR6minWnp8" style="text-align: right" title="Other">53,065,982</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Interest expense:</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="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">Intersegment</td><td> </td> <td style="text-align: left"> </td><td id="xdx_981_ecustom--InterestExpenseIntersegment_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--LifeInsuranceSegmentsMember_z14Dc2nqTzTh" style="text-align: right" title="Intersegment">392,003</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98F_ecustom--InterestExpenseIntersegment_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--CemeteryAndMortuaryMember_zAN9jlIi6YVd" style="text-align: right" title="Intersegment">97,195</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_987_ecustom--InterestExpenseIntersegment_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--MortgageMember_zyJFrFagHSpe" style="text-align: right" title="Intersegment">6,712,511</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_980_ecustom--InterestExpenseIntersegment_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--IntercompanyEliminationsMember_zLjfzJ5Xann" style="text-align: right" title="Intersegment">(7,201,709</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td id="xdx_982_ecustom--InterestExpenseIntersegment_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--ConsolidatedMember_zC2NsJiL6Hi8" style="text-align: right" title="Intersegment"><span style="-sec-ix-hidden: xdx2ixbrl3356">-</span></td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 10pt">Other</td><td> </td> <td style="text-align: left"> </td><td id="xdx_988_eus-gaap--InterestExpenseOther_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--LifeInsuranceSegmentsMember_z4bczBWdb2wk" style="text-align: right" title="Other">2,328,868</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98F_eus-gaap--InterestExpenseOther_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--CemeteryAndMortuaryMember_z8wm0fep4PYb" style="text-align: right" title="Other">54,620</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_989_eus-gaap--InterestExpenseOther_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--MortgageMember_zDzunJ28bn33" style="text-align: right" title="Other">4,744,028</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_987_eus-gaap--InterestExpenseOther_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--IntercompanyEliminationsMember_z8o2KWXKaq4h" style="text-align: right" title="Other"><span style="-sec-ix-hidden: xdx2ixbrl3364">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_988_eus-gaap--InterestExpenseOther_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--ConsolidatedMember_zcIrTl004mAg" style="text-align: right" title="Other">7,127,516</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 1pt">Costs of goods and services sold-mortuaries and cemeteries</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_987_eus-gaap--CostOfGoodsAndServicesSold_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--LifeInsuranceSegmentsMember_zf4Y3xlwl2tb" style="border-bottom: Black 1pt solid; text-align: right" title="Cost of goods and services sold - cemeteries and mortuaries"><span style="-sec-ix-hidden: xdx2ixbrl3368">-</span></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--CostOfGoodsAndServicesSold_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--CemeteryAndMortuaryMember_zFiPBGIPdFBa" style="border-bottom: Black 1pt solid; text-align: right" title="Cost of goods and services sold - cemeteries and mortuaries">3,704,014</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--CostOfGoodsAndServicesSold_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--MortgageMember_zwOzfYfU3zr2" style="border-bottom: Black 1pt solid; text-align: right" title="Cost of goods and services sold - cemeteries and mortuaries"><span style="-sec-ix-hidden: xdx2ixbrl3372">-</span></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--CostOfGoodsAndServicesSold_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--IntercompanyEliminationsMember_zg9VNQJR0Gf" style="border-bottom: Black 1pt solid; text-align: right" title="Cost of goods and services sold - cemeteries and mortuaries"><span style="-sec-ix-hidden: xdx2ixbrl3374">-</span></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--CostOfGoodsAndServicesSold_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--ConsolidatedMember_zqsz7WrBn7E4" style="border-bottom: Black 1pt solid; text-align: right" title="Cost of goods and services sold - cemeteries and mortuaries">3,704,014</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; padding-bottom: 1pt">Total benefits and expenses</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_987_ecustom--BenefitsAndExpenses_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--LifeInsuranceSegmentsMember_zPg9ijjVVPT4" style="border-bottom: Black 1pt solid; text-align: right" title="Total benefits and expenses">155,611,002</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_98B_ecustom--BenefitsAndExpenses_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--CemeteryAndMortuaryMember_zvzAMQSfLi06" style="border-bottom: Black 1pt solid; text-align: right" title="Total benefits and expenses">19,652,428</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_ecustom--BenefitsAndExpenses_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--MortgageMember_zdAMs9jiN5Ng" style="border-bottom: Black 1pt solid; text-align: right" title="Total benefits and expenses">252,114,328</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_ecustom--BenefitsAndExpenses_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--IntercompanyEliminationsMember_zKZTbcuSuxkg" style="border-bottom: Black 1pt solid; text-align: right" title="Total benefits and expenses">(8,482,991</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_ecustom--BenefitsAndExpenses_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--ConsolidatedMember_zjZks4FEQuh1" style="border-bottom: Black 1pt solid; text-align: right" title="Total benefits and expenses">418,894,767</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 1pt">Earnings before income taxes</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left">$</td><td id="xdx_988_eus-gaap--IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--LifeInsuranceSegmentsMember_ztnF13cA21vl" style="border-bottom: Black 1pt solid; text-align: right" title="Earnings before income taxes">14,972,728</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">$</td><td id="xdx_98F_eus-gaap--IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--CemeteryAndMortuaryMember_zSWzH3Op1bL6" style="border-bottom: Black 1pt solid; text-align: right" title="Earnings before income taxes">7,925,046</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left">$</td><td id="xdx_982_eus-gaap--IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--MortgageMember_zh7syQRonMd5" style="border-bottom: Black 1pt solid; text-align: right" title="Earnings before income taxes">28,903,001</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">$</td><td id="xdx_989_eus-gaap--IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--IntercompanyEliminationsMember_zA338q2fosE3" style="border-bottom: Black 1pt solid; text-align: right" title="Earnings before income taxes"><span style="-sec-ix-hidden: xdx2ixbrl3394">-</span></td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left">$</td><td id="xdx_988_eus-gaap--IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--ConsolidatedMember_zEJ9H7I8BWHe" style="border-bottom: Black 1pt solid; text-align: right" title="Earnings before income taxes">51,800,775</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; padding-bottom: 1pt">Income tax benefit (expense)</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_982_eus-gaap--IncomeTaxExpenseBenefit_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--LifeInsuranceSegmentsMember_zH1AGoeTjMo3" style="border-bottom: Black 1pt solid; text-align: right" title="Income tax benefit (expense)">(2,943,715</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--IncomeTaxExpenseBenefit_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--CemeteryAndMortuaryMember_zIm4XU2xIrve" style="border-bottom: Black 1pt solid; text-align: right" title="Income tax benefit (expense)">(1,975,787</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--IncomeTaxExpenseBenefit_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--MortgageMember_zGd16k6vf8ke" style="border-bottom: Black 1pt solid; text-align: right" title="Income tax benefit (expense)">(7,362,283</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--IncomeTaxExpenseBenefit_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--IntercompanyEliminationsMember_z6ajEB0NhpUb" style="border-bottom: Black 1pt solid; text-align: right" title="Income tax benefit (expense)"><span style="-sec-ix-hidden: xdx2ixbrl3404">-</span></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--IncomeTaxExpenseBenefit_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--ConsolidatedMember_znn8TAh9VhHc" style="border-bottom: Black 1pt solid; text-align: right" title="Income tax benefit (expense)">(12,281,785</td><td style="padding-bottom: 1pt; text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 2.5pt">Net earnings</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_982_eus-gaap--NetIncomeLoss_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--LifeInsuranceSegmentsMember_znexiA1UGxe4" style="border-bottom: Black 2.5pt double; text-align: right" title="Net Earnings (Loss)">12,029,013</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_980_eus-gaap--NetIncomeLoss_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--CemeteryAndMortuaryMember_z4VD4tpo07a1" style="border-bottom: Black 2.5pt double; text-align: right" title="Net Earnings (Loss)">5,949,259</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_987_eus-gaap--NetIncomeLoss_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--MortgageMember_zeaNA7ND81G7" style="border-bottom: Black 2.5pt double; text-align: right" title="Net Earnings (Loss)">21,540,718</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98C_eus-gaap--NetIncomeLoss_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--IntercompanyEliminationsMember_zIqQLnQ5Wt1h" style="border-bottom: Black 2.5pt double; text-align: right" title="Net Earnings (Loss)"><span style="-sec-ix-hidden: xdx2ixbrl3414">-</span></td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_982_eus-gaap--NetIncomeLoss_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--ConsolidatedMember_z7AMqS5uZxV5" style="border-bottom: Black 2.5pt double; text-align: right" title="Net Earnings (Loss)">39,518,990</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 2.5pt">Identifiable assets</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right"><p id="xdx_98B_ecustom--IdentifiableAssets_iI_pp0p0_c20211231__us-gaap--StatementBusinessSegmentsAxis__custom--LifeInsuranceSegmentsMember_zS64ntd4RCI9" style="font: 10pt/107% Times New Roman, Times, Serif; margin: 0" title="Identifiable Assets">1,236,406,557</p><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"/></td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_984_ecustom--IdentifiableAssets_iI_pp0p0_c20211231__us-gaap--StatementBusinessSegmentsAxis__custom--CemeteryAndMortuaryMember_z86VEp2mRaA2" style="border-bottom: Black 2.5pt double; text-align: right" title="Identifiable Assets">73,432,116</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98F_ecustom--IdentifiableAssets_iI_pp0p0_c20211231__us-gaap--StatementBusinessSegmentsAxis__custom--MortgageMember_zwZ3mjptzwvk" style="border-bottom: Black 2.5pt double; text-align: right" title="Identifiable Assets">328,600,841</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_989_ecustom--IdentifiableAssets_iI_pp0p0_c20211231__us-gaap--StatementBusinessSegmentsAxis__custom--IntercompanyEliminationsMember_z2KOQCtZGky3" style="border-bottom: Black 2.5pt double; text-align: right" title="Identifiable Assets">(96,099,992</td><td style="padding-bottom: 2.5pt; text-align: left">)</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right"><p id="xdx_98D_ecustom--IdentifiableAssets_iI_pp0p0_c20211231__us-gaap--StatementBusinessSegmentsAxis__custom--ConsolidatedMember_zZUsEgMO1WR3" style="font: 10pt/107% Times New Roman, Times, Serif; margin: 0" title="Identifiable Assets">1,542,339,522</p></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="padding-bottom: 2.5pt">Goodwill</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_980_eus-gaap--Goodwill_iI_pp0p0_c20211231__us-gaap--StatementBusinessSegmentsAxis__custom--LifeInsuranceSegmentsMember_zIyo9RNHY9qh" style="border-bottom: Black 2.5pt double; text-align: right" title="Goodwill">2,765,570</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_983_eus-gaap--Goodwill_iI_pp0p0_c20211231__us-gaap--StatementBusinessSegmentsAxis__custom--CemeteryAndMortuaryMember_zVyQZt6yLGSk" style="border-bottom: Black 2.5pt double; text-align: right" title="Goodwill">2,488,213</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98C_eus-gaap--Goodwill_iI_pp0p0_c20211231__us-gaap--StatementBusinessSegmentsAxis__custom--MortgageMember_zxQxRH4JdA87" style="border-bottom: Black 2.5pt double; text-align: right" title="Goodwill"><span style="-sec-ix-hidden: xdx2ixbrl3432">-</span></td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_983_eus-gaap--Goodwill_iI_pp0p0_c20211231__us-gaap--StatementBusinessSegmentsAxis__custom--IntercompanyEliminationsMember_zsonK34VxBDi" style="border-bottom: Black 2.5pt double; text-align: right" title="Goodwill"><span style="-sec-ix-hidden: xdx2ixbrl3434">-</span></td><td style="padding-bottom: 2.5pt; 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--Goodwill_iI_pp0p0_c20211231__us-gaap--StatementBusinessSegmentsAxis__custom--ConsolidatedMember_zRJHfzweq9of" style="border-bottom: Black 2.5pt double; text-align: right" title="Goodwill">5,253,783</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">SECURITY NATIONAL FINANCIAL CORPORATION</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">AND SUBSIDIARIES</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Notes to Consolidated Financial Statements</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Years Ended December 31, 2021 and 2020</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">15) <span style="text-decoration: underline">Business Segment Information</span> (Continued)</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <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="18" style="border-bottom: Black 1pt solid; text-align: center">Year Ended December 31, 2020</td><td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td> </td> <td colspan="2" style="text-align: center">Life</td><td> </td><td> </td> <td colspan="2" style="text-align: center">Cemetery/</td><td> </td><td> </td> <td colspan="2"> </td><td> </td><td> </td> <td colspan="2" style="text-align: center">Intercompany</td><td> </td><td> </td> <td colspan="2"> </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">Insurance</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">Mortuary</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</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">Eliminations</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">Consolidated</td><td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td>Revenues:</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><td> </td> <td colspan="2"> </td><td> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left">From external sources:</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="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: 35%; text-align: left">Revenue from customers</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_988_ecustom--RevenueFromCustomers_pp0p0_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--LifeInsuranceSegmentsMember_z3amIn9FR5T6" style="width: 9%; text-align: right" title="Revenue from customers">93,020,617</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_986_ecustom--RevenueFromCustomers_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--CemeteryAndMortuaryMember_pp0p0" style="width: 9%; text-align: right" title="Revenue from customers">20,307,435</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_98C_ecustom--RevenueFromCustomers_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--MortgageMember_pp0p0" style="width: 9%; text-align: right" title="Revenue from customers">298,933,110</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_98B_ecustom--RevenueFromCustomers_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--IntercompanyEliminationsMember_pp0p0" style="width: 9%; text-align: right" title="Revenue from customers"><span style="-sec-ix-hidden: xdx2ixbrl3444">-</span></td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_982_ecustom--RevenueFromCustomers_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--ConsolidatedMember_pp0p0" style="width: 9%; text-align: right" title="Revenue from customers">412,261,162</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Net investment income</td><td> </td> <td style="text-align: left"> </td><td id="xdx_988_eus-gaap--InvestmentIncomeNet_pp0p0_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--LifeInsuranceSegmentsMember_zLEKtzwMhAM5" style="text-align: right" title="Net investment income">54,811,486</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98E_eus-gaap--InvestmentIncomeNet_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--CemeteryAndMortuaryMember_pp0p0" style="text-align: right" title="Net investment income">807,695</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_985_eus-gaap--InvestmentIncomeNet_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--MortgageMember_pp0p0" style="text-align: right" title="Net investment income">710,622</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98C_eus-gaap--InvestmentIncomeNet_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--IntercompanyEliminationsMember_pp0p0" style="text-align: right" title="Net investment income"><span style="-sec-ix-hidden: xdx2ixbrl3454">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98A_eus-gaap--InvestmentIncomeNet_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--ConsolidatedMember_pp0p0" style="text-align: right" title="Net investment income">56,329,803</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Gains on investments and other assets</td><td> </td> <td style="text-align: left"> </td><td id="xdx_981_eus-gaap--GainLossOnInvestments_pp0p0_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--LifeInsuranceSegmentsMember_zQQimtyxTPk5" style="text-align: right" title="Gains on investments and other assets">2,088,541</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_983_eus-gaap--GainLossOnInvestments_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--CemeteryAndMortuaryMember_pp0p0" style="text-align: right" title="Gains on investments and other assets">(162,652</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td id="xdx_984_eus-gaap--GainLossOnInvestments_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--MortgageMember_pp0p0" style="text-align: right" title="Gains on investments and other assets">(39</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98A_eus-gaap--GainLossOnInvestments_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--IntercompanyEliminationsMember_pp0p0" style="text-align: right" title="Gains on investments and other assets"><span style="-sec-ix-hidden: xdx2ixbrl3464">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_983_eus-gaap--GainLossOnInvestments_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--ConsolidatedMember_pp0p0" style="text-align: right" title="Gains on investments and other assets">1,925,850</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Other than temporary impairments</td><td> </td> <td style="text-align: left"> </td><td id="xdx_981_eus-gaap--EquityMethodInvestmentOtherThanTemporaryImpairment_iN_pp0p0_di_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--LifeInsuranceSegmentsMember_zs3gvOrQ0wRb" style="text-align: right" title="Other than temporary impairments">(370,975</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98D_eus-gaap--EquityMethodInvestmentOtherThanTemporaryImpairment_iN_pp0p0_di_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--CemeteryAndMortuaryMember_zMkD5TuPe2D5" style="text-align: right" title="Other than temporary impairments"><span style="-sec-ix-hidden: xdx2ixbrl3470">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_982_eus-gaap--EquityMethodInvestmentOtherThanTemporaryImpairment_iN_pp0p0_di_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--MortgageMember_z5AgNF0wv68k" style="text-align: right" title="Other than temporary impairments"><span style="-sec-ix-hidden: xdx2ixbrl3472">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_985_eus-gaap--EquityMethodInvestmentOtherThanTemporaryImpairment_iN_pp0p0_di_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--IntercompanyEliminationsMember_z4DDs48rghWg" style="text-align: right" title="Other than temporary impairments"><span style="-sec-ix-hidden: xdx2ixbrl3474">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_989_eus-gaap--EquityMethodInvestmentOtherThanTemporaryImpairment_iN_pp0p0_di_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--ConsolidatedMember_zgpEA3YXRjFk" style="text-align: right" title="Other than temporary impairments">(370,975</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 revenues</td><td> </td> <td style="text-align: left"> </td><td id="xdx_982_eus-gaap--OtherIncome_pp0p0_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--LifeInsuranceSegmentsMember_zvCFSh1ihm5j" style="text-align: right" title="Other revenues">1,491,585</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98C_eus-gaap--OtherIncome_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--CemeteryAndMortuaryMember_pp0p0" style="text-align: right" title="Other revenues">94,349</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_982_eus-gaap--OtherIncome_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--MortgageMember_pp0p0" style="text-align: right" title="Other revenues">9,731,548</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_981_eus-gaap--OtherIncome_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--IntercompanyEliminationsMember_pp0p0" style="text-align: right" title="Other revenues"><span style="-sec-ix-hidden: xdx2ixbrl3484">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_987_eus-gaap--OtherIncome_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--ConsolidatedMember_pp0p0" style="text-align: right" title="Other revenues">11,317,482</td><td style="text-align: left"> </td></tr> <tr 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"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="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">Net investment income</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_988_eus-gaap--NetInvestmentIncome_pp0p0_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--LifeInsuranceSegmentsMember_zEGMsBNONKb5" style="border-bottom: Black 1pt solid; text-align: right" title="Net investment income">8,022,503</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--NetInvestmentIncome_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--CemeteryAndMortuaryMember_pp0p0" style="border-bottom: Black 1pt solid; text-align: right" title="Net investment income">351,505</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--NetInvestmentIncome_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--MortgageMember_pp0p0" style="border-bottom: Black 1pt solid; text-align: right" title="Net investment income">716,240</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--NetInvestmentIncome_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--IntercompanyEliminationsMember_pp0p0" style="border-bottom: Black 1pt solid; text-align: right" title="Net investment income">(9,090,248</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--NetInvestmentIncome_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--ConsolidatedMember_pp0p0" style="border-bottom: Black 1pt solid; text-align: right" title="Net investment income"><span style="-sec-ix-hidden: xdx2ixbrl3496">-</span></td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 1pt">Total revenues</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98C_eus-gaap--Revenues_pp0p0_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--LifeInsuranceSegmentsMember_z49a9dCGmKe3" style="border-bottom: Black 1pt solid; text-align: right" title="Total revenues">159,063,757</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--Revenues_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--CemeteryAndMortuaryMember_pp0p0" style="border-bottom: Black 1pt solid; text-align: right" title="Total revenues">21,398,332</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--Revenues_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--MortgageMember_pp0p0" style="border-bottom: Black 1pt solid; text-align: right" title="Total revenues">310,091,481</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--Revenues_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--IntercompanyEliminationsMember_pp0p0" style="border-bottom: Black 1pt solid; text-align: right" title="Total revenues">(9,090,248</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--Revenues_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--ConsolidatedMember_pp0p0" style="border-bottom: Black 1pt solid; text-align: right" title="Total revenues">481,463,322</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td>Expenses:</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="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">Death, surrenders and other policy benefits</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98D_ecustom--DeathAndOtherPolicyBenefits_pp0p0_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--LifeInsuranceSegmentsMember_zA9O2qhphqzk" style="text-align: right" title="Death, surrenders and other policy benefits">62,841,360</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98F_ecustom--DeathAndOtherPolicyBenefits_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--CemeteryAndMortuaryMember_pp0p0" style="text-align: right" title="Death, surrenders and other policy benefits"><span style="-sec-ix-hidden: xdx2ixbrl3510">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98D_ecustom--DeathAndOtherPolicyBenefits_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--MortgageMember_pp0p0" style="text-align: right" title="Death, surrenders and other policy benefits"><span style="-sec-ix-hidden: xdx2ixbrl3512">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98E_ecustom--DeathAndOtherPolicyBenefits_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--IntercompanyEliminationsMember_pp0p0" style="text-align: right" title="Death, surrenders and other policy benefits"><span style="-sec-ix-hidden: xdx2ixbrl3514">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98C_ecustom--DeathAndOtherPolicyBenefits_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--ConsolidatedMember_pp0p0" style="text-align: right" title="Death, surrenders and other policy benefits">62,841,360</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Increase in future policy benefits</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98F_eus-gaap--IncreaseDecreaseInFuturePolicyBenefitReserves_pp0p0_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--LifeInsuranceSegmentsMember_zE2pThW1qCqk" style="text-align: right" title="Increase in future policy benefits">23,568,650</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98A_eus-gaap--IncreaseDecreaseInFuturePolicyBenefitReserves_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--CemeteryAndMortuaryMember_pp0p0" style="text-align: right" title="Increase in future policy benefits"><span style="-sec-ix-hidden: xdx2ixbrl3520">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98F_eus-gaap--IncreaseDecreaseInFuturePolicyBenefitReserves_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--MortgageMember_pp0p0" style="text-align: right" title="Increase in future policy benefits"><span style="-sec-ix-hidden: xdx2ixbrl3522">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_980_eus-gaap--IncreaseDecreaseInFuturePolicyBenefitReserves_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--IntercompanyEliminationsMember_pp0p0" style="text-align: right" title="Increase in future policy benefits"><span style="-sec-ix-hidden: xdx2ixbrl3524">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98A_eus-gaap--IncreaseDecreaseInFuturePolicyBenefitReserves_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--ConsolidatedMember_pp0p0" style="text-align: right" title="Increase in future policy benefits">23,568,650</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Amortization of deferred policy and pre-need acquisition costs and value of business acquired</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98D_ecustom--AmortizationOfDeferredPolicyAndPreNeedAcquisitionCostsAndValueOfBusinessAcquired_pp0p0_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--LifeInsuranceSegmentsMember_zczx9oXzoYMd" style="text-align: right" title="Amortization of deferred policy and pre-need acquisition costs and value of business acquired">13,618,204</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_987_ecustom--AmortizationOfDeferredPolicyAndPreneedAcquisitionCostsAndValueOfBusinessAcquired_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--CemeteryAndMortuaryMember_pp0p0" style="text-align: right" title="Amortization of deferred policy and pre-need acquisition costs and value of business acquired">689,221</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_982_ecustom--AmortizationOfDeferredPolicyAndPreneedAcquisitionCostsAndValueOfBusinessAcquired_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--MortgageMember_pp0p0" style="text-align: right" title="Amortization of deferred policy and pre-need acquisition costs and value of business acquired"><span style="-sec-ix-hidden: xdx2ixbrl3532">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_981_ecustom--AmortizationOfDeferredPolicyAndPreneedAcquisitionCostsAndValueOfBusinessAcquired_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--IntercompanyEliminationsMember_pp0p0" style="text-align: right" title="Amortization of deferred policy and pre-need acquisition costs and value of business acquired"><span style="-sec-ix-hidden: xdx2ixbrl3534">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_986_ecustom--AmortizationOfDeferredPolicyAndPreneedAcquisitionCostsAndValueOfBusinessAcquired_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--ConsolidatedMember_pp0p0" style="text-align: right" title="Amortization of deferred policy and pre-need acquisition costs and value of business acquired">14,307,425</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Selling, general and administrative expenses:</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="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">Commissions</td><td> </td> <td style="text-align: left"> </td><td id="xdx_986_eus-gaap--SalesCommissionsAndFees_pp0p0_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--LifeInsuranceSegmentsMember_zcQNY2uSFqB5" style="text-align: right" title="Commissions">4,149,241</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_988_eus-gaap--SalesCommissionsAndFees_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--CemeteryAndMortuaryMember_pp0p0" style="text-align: right" title="Commissions">1,506,320</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98F_eus-gaap--SalesCommissionsAndFees_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--MortgageMember_pp0p0" style="text-align: right" title="Commissions">118,770,736</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_988_eus-gaap--SalesCommissionsAndFees_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--IntercompanyEliminationsMember_pp0p0" style="text-align: right" title="Commissions"><span style="-sec-ix-hidden: xdx2ixbrl3544">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98E_eus-gaap--SalesCommissionsAndFees_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--ConsolidatedMember_pp0p0" style="text-align: right" title="Commissions">124,426,297</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 10pt">Personnel</td><td> </td> <td style="text-align: left"> </td><td id="xdx_985_eus-gaap--SalariesAndWages_pp0p0_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--LifeInsuranceSegmentsMember_z64HisPUb2El" style="text-align: right" title="Personnel">25,449,100</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_984_eus-gaap--SalariesAndWages_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--CemeteryAndMortuaryMember_pp0p0" style="text-align: right" title="Personnel">5,669,367</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_983_eus-gaap--SalariesAndWages_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--MortgageMember_pp0p0" style="text-align: right" title="Personnel">53,871,504</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_982_eus-gaap--SalariesAndWages_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--IntercompanyEliminationsMember_pp0p0" style="text-align: right" title="Personnel"><span style="-sec-ix-hidden: xdx2ixbrl3554">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_980_eus-gaap--SalariesAndWages_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--ConsolidatedMember_pp0p0" style="text-align: right" title="Personnel">84,989,971</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-left: 10pt">Advertising</td><td> </td> <td style="text-align: left"> </td><td id="xdx_989_eus-gaap--AdvertisingExpense_pp0p0_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--LifeInsuranceSegmentsMember_zFIMKRA7x5Fh" style="text-align: right" title="Advertising">614,114</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_989_eus-gaap--AdvertisingExpense_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--CemeteryAndMortuaryMember_pp0p0" style="text-align: right" title="Advertising">391,836</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_982_eus-gaap--AdvertisingExpense_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--MortgageMember_pp0p0" style="text-align: right" title="Advertising">4,374,946</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_987_eus-gaap--AdvertisingExpense_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--IntercompanyEliminationsMember_pp0p0" style="text-align: right" title="Advertising"><span style="-sec-ix-hidden: xdx2ixbrl3564">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98E_eus-gaap--AdvertisingExpense_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--ConsolidatedMember_pp0p0" style="text-align: right" title="Advertising">5,380,896</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">Rent and rent related</td><td> </td> <td style="text-align: left"> </td><td id="xdx_982_ecustom--RentAndRentRelated_pp0p0_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--LifeInsuranceSegmentsMember_ze2ypBPxembd" style="text-align: right" title="Rent and rent related">861,602</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98B_ecustom--RentAndRentRelated_pp0p0_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--CemeteryAndMortuaryMember_zi2ahGFmvjHk" style="text-align: right" title="Rent and rent related">89,253</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98A_ecustom--RentAndRentRelated_pp0p0_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--MortgageMember_z50hHFPpRV6c" style="text-align: right" title="Rent and rent related">5,922,706</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_988_ecustom--RentAndRentRelated_pp0p0_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--IntercompanyEliminationsMember_zYVdnQyCvKh3" style="text-align: right" title="Rent and rent related"><span style="-sec-ix-hidden: xdx2ixbrl3574">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_984_ecustom--RentAndRentRelated_pp0p0_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--ConsolidatedMember_z2s2gelzyZek" style="text-align: right" title="Rent and rent related">6,873,561</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-left: 10pt; text-align: left">Depreciation on property and equipment</td><td> </td> <td style="text-align: left"> </td><td id="xdx_984_eus-gaap--AccumulatedDepreciationDepletionAndAmortizationReclassificationsFromPropertyPlantAndEquipment1_pp0p0_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--LifeInsuranceSegmentsMember_zI6Fsjz7Pj9c" style="text-align: right" title="Depreciation on property and equipment">843,335</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_980_eus-gaap--AccumulatedDepreciationDepletionAndAmortizationReclassificationsFromPropertyPlantAndEquipment1_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--CemeteryAndMortuaryMember_pp0p0" style="text-align: right" title="Depreciation on property and equipment">488,570</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_980_eus-gaap--AccumulatedDepreciationDepletionAndAmortizationReclassificationsFromPropertyPlantAndEquipment1_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--MortgageMember_pp0p0" style="text-align: right" title="Depreciation on property and equipment">746,833</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98E_eus-gaap--AccumulatedDepreciationDepletionAndAmortizationReclassificationsFromPropertyPlantAndEquipment1_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--IntercompanyEliminationsMember_pp0p0" style="text-align: right" title="Depreciation on property and equipment"><span style="-sec-ix-hidden: xdx2ixbrl3584">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98B_eus-gaap--AccumulatedDepreciationDepletionAndAmortizationReclassificationsFromPropertyPlantAndEquipment1_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--ConsolidatedMember_pp0p0" style="text-align: right" title="Depreciation on property and equipment">2,078,738</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">Provision for loan loss reserve</td><td> </td> <td style="text-align: left"> </td><td id="xdx_984_ecustom--ProvisionForLoanLossReserves_pp0p0_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--LifeInsuranceSegmentsMember_zQwvqz9IfWs6" style="text-align: right" title="Provision for loan loss reserve"><span style="-sec-ix-hidden: xdx2ixbrl3588">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98C_ecustom--ProvisionForLoanLossReserves_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--CemeteryAndMortuaryMember_pp0p0" style="text-align: right" title="Provision for loan loss reserve"><span style="-sec-ix-hidden: xdx2ixbrl3590">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98E_ecustom--ProvisionForLoanLossReserves_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--MortgageMember_pp0p0" style="text-align: right" title="Provision for loan loss reserve">16,506,030</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98C_ecustom--ProvisionForLoanLossReserves_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--IntercompanyEliminationsMember_pp0p0" style="text-align: right" title="Provision for loan loss reserve"><span style="-sec-ix-hidden: xdx2ixbrl3594">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_984_ecustom--ProvisionForLoanLossReserves_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--ConsolidatedMember_pp0p0" style="text-align: right" title="Provision for loan loss reserve">16,506,030</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-left: 10pt; text-align: left">Cost related to funding mortgage loans</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98D_ecustom--CostOfFundingMortgageLoans_pp0p0_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--LifeInsuranceSegmentsMember_ztW0g4WQvD47" style="text-align: right" title="Costs related to funding mortgage loans"><span style="-sec-ix-hidden: xdx2ixbrl3598">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_985_ecustom--CostOfFundingMortgageLoans_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--CemeteryAndMortuaryMember_pp0p0" style="text-align: right" title="Costs related to funding mortgage loans"><span style="-sec-ix-hidden: xdx2ixbrl3600">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98B_ecustom--CostOfFundingMortgageLoans_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--MortgageMember_pp0p0" style="text-align: right" title="Costs related to funding mortgage loans">9,877,700</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_981_ecustom--CostOfFundingMortgageLoans_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--IntercompanyEliminationsMember_pp0p0" style="text-align: right" title="Costs related to funding mortgage loans"><span style="-sec-ix-hidden: xdx2ixbrl3604">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_983_ecustom--CostOfFundingMortgageLoans_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--ConsolidatedMember_pp0p0" style="text-align: right" title="Costs related to funding mortgage loans">9,877,700</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 10pt">Intersegment</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98B_ecustom--AdministrativeCostsIntersegment_pp0p0_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--LifeInsuranceSegmentsMember_zyP9lM35GYA" style="text-align: right" title="Intersegment">621,161</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_987_ecustom--AdministrativeCostsIntersegment_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--CemeteryAndMortuaryMember_pp0p0" style="text-align: right" title="Intersegment">142,999</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_988_ecustom--AdministrativeCostsIntersegment_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--MortgageMember_pp0p0" style="text-align: right" title="Intersegment">580,976</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98D_ecustom--AdministrativeCostsIntersegment_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--IntercompanyEliminationsMember_pp0p0" style="text-align: right" title="Intersegment">(1,345,136</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td id="xdx_985_ecustom--AdministrativeCostsIntersegment_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--ConsolidatedMember_pp0p0" style="text-align: right" title="Intersegment"><span style="-sec-ix-hidden: xdx2ixbrl3616">-</span></td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-left: 10pt">Other</td><td> </td> <td style="text-align: left"> </td><td id="xdx_981_eus-gaap--OtherGeneralExpense_pp0p0_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--LifeInsuranceSegmentsMember_zBrdfXxZkgbb" style="text-align: right" title="Other">11,808,818</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_986_eus-gaap--OtherGeneralExpense_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--CemeteryAndMortuaryMember_pp0p0" style="text-align: right" title="Other">4,417,805</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98E_eus-gaap--OtherGeneralExpense_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--MortgageMember_pp0p0" style="text-align: right" title="Other">31,104,479</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98C_eus-gaap--OtherGeneralExpense_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--IntercompanyEliminationsMember_pp0p0" style="text-align: right" title="Other"><span style="-sec-ix-hidden: xdx2ixbrl3624">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_983_eus-gaap--OtherGeneralExpense_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--ConsolidatedMember_pp0p0" style="text-align: right" title="Other">47,331,102</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Interest expense:</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="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">Intersegment</td><td> </td> <td style="text-align: left"> </td><td id="xdx_983_ecustom--InterestExpenseIntersegment_pp0p0_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--LifeInsuranceSegmentsMember_zDaqYBvowvG7" style="text-align: right" title="Intersegment">410,024</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_986_ecustom--InterestExpenseIntersegment_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--CemeteryAndMortuaryMember_pp0p0" style="text-align: right" title="Intersegment">152,175</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_985_ecustom--InterestExpenseIntersegment_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--MortgageMember_pp0p0" style="text-align: right" title="Intersegment">7,182,913</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_986_ecustom--InterestExpenseIntersegment_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--IntercompanyEliminationsMember_pp0p0" style="text-align: right" title="Intersegment">(7,745,112</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td id="xdx_984_ecustom--InterestExpenseIntersegment_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--ConsolidatedMember_pp0p0" style="text-align: right" title="Intersegment"><span style="-sec-ix-hidden: xdx2ixbrl3636">-</span></td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 10pt">Other</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98F_eus-gaap--InterestExpenseOther_pp0p0_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--LifeInsuranceSegmentsMember_zLtqqYAQNOl4" style="text-align: right" title="Other">2,354,760</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98F_eus-gaap--InterestExpenseOther_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--CemeteryAndMortuaryMember_pp0p0" style="text-align: right" title="Other">198,968</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_984_eus-gaap--InterestExpenseOther_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--MortgageMember_pp0p0" style="text-align: right" title="Other">6,025,082</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_983_eus-gaap--InterestExpenseOther_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--IntercompanyEliminationsMember_pp0p0" style="text-align: right" title="Other"><span style="-sec-ix-hidden: xdx2ixbrl3644">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98A_eus-gaap--InterestExpenseOther_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--ConsolidatedMember_pp0p0" style="text-align: right" title="Other">8,578,810</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 1pt">Costs of goods and services sold-mortuaries and cemeteries</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98E_eus-gaap--CostOfGoodsAndServicesSold_pp0p0_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--LifeInsuranceSegmentsMember_zHiUpZ8m4GS6" style="border-bottom: Black 1pt solid; text-align: right" title="Cost of goods and services sold - cemeteries and mortuaries"><span style="-sec-ix-hidden: xdx2ixbrl3648">-</span></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--CostOfGoodsAndServicesSold_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--CemeteryAndMortuaryMember_pp0p0" style="border-bottom: Black 1pt solid; text-align: right" title="Cost of goods and services sold - cemeteries and mortuaries">3,252,655</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--CostOfGoodsAndServicesSold_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--MortgageMember_pp0p0" style="border-bottom: Black 1pt solid; text-align: right" title="Cost of goods and services sold - cemeteries and mortuaries"><span style="-sec-ix-hidden: xdx2ixbrl3652">-</span></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_98B_eus-gaap--CostOfGoodsAndServicesSold_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--IntercompanyEliminationsMember_pp0p0" style="border-bottom: Black 1pt solid; text-align: right" title="Cost of goods and services sold - cemeteries and mortuaries"><span style="-sec-ix-hidden: xdx2ixbrl3654">-</span></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--CostOfGoodsAndServicesSold_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--ConsolidatedMember_pp0p0" style="border-bottom: Black 1pt solid; text-align: right" title="Cost of goods and services sold - cemeteries and mortuaries">3,252,655</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; padding-bottom: 1pt">Total benefits and expenses</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_988_ecustom--BenefitsAndExpenses_pp0p0_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--LifeInsuranceSegmentsMember_zpgW0hknJSM9" style="border-bottom: Black 1pt solid; text-align: right" title="Total benefits and expenses">147,140,369</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_ecustom--BenefitsAndExpenses_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--CemeteryAndMortuaryMember_pp0p0" style="border-bottom: Black 1pt solid; text-align: right" title="Total benefits and expenses">16,999,169</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_ecustom--BenefitsAndExpenses_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--MortgageMember_pp0p0" style="border-bottom: Black 1pt solid; text-align: right" title="Total benefits and expenses">254,963,905</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_ecustom--BenefitsAndExpenses_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--IntercompanyEliminationsMember_pp0p0" style="border-bottom: Black 1pt solid; text-align: right" title="Total benefits and expenses">(9,090,248</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_ecustom--BenefitsAndExpenses_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--ConsolidatedMember_pp0p0" style="border-bottom: Black 1pt solid; text-align: right" title="Total benefits and expenses">410,013,195</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 1pt">Earnings before income taxes</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left">$</td><td id="xdx_98A_eus-gaap--IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_pp0p0_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--LifeInsuranceSegmentsMember_z5M19T8PUBn4" style="border-bottom: Black 1pt solid; text-align: right" title="Earnings before income taxes">11,923,388</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left">$</td><td id="xdx_985_eus-gaap--IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--CemeteryAndMortuaryMember_pp0p0" style="border-bottom: Black 1pt solid; text-align: right" title="Earnings before income taxes">4,399,163</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">$</td><td id="xdx_987_eus-gaap--IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--MortgageMember_pp0p0" style="border-bottom: Black 1pt solid; text-align: right" title="Earnings before income taxes">55,127,576</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left">$</td><td id="xdx_988_eus-gaap--IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--IntercompanyEliminationsMember_pp0p0" style="border-bottom: Black 1pt solid; text-align: right" title="Earnings before income taxes"><span style="-sec-ix-hidden: xdx2ixbrl3674">-</span></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--IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--ConsolidatedMember_pp0p0" style="border-bottom: Black 1pt solid; text-align: right" title="Earnings before income taxes">71,450,127</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; padding-bottom: 1pt">Income tax benefit (expense)</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_985_eus-gaap--IncomeTaxExpenseBenefit_pp0p0_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--LifeInsuranceSegmentsMember_zjEzPxHamQG3" style="border-bottom: Black 1pt solid; text-align: right" title="Income tax benefit (expense)">(1,433,901</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--IncomeTaxExpenseBenefit_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--CemeteryAndMortuaryMember_pp0p0" style="border-bottom: Black 1pt solid; text-align: right" title="Income tax benefit (expense)">(1,009,137</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--IncomeTaxExpenseBenefit_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--MortgageMember_pp0p0" style="border-bottom: Black 1pt solid; text-align: right" title="Income tax benefit (expense)">(13,410,476</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--IncomeTaxExpenseBenefit_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--IntercompanyEliminationsMember_pp0p0" style="border-bottom: Black 1pt solid; text-align: right" title="Income tax benefit (expense)"><span style="-sec-ix-hidden: xdx2ixbrl3684">-</span></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--IncomeTaxExpenseBenefit_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--ConsolidatedMember_pp0p0" style="border-bottom: Black 1pt solid; text-align: right" title="Income tax benefit (expense)">(15,853,514</td><td style="padding-bottom: 1pt; text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 2.5pt">Net earnings</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--NetIncomeLoss_pp0p0_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--LifeInsuranceSegmentsMember_ztuKzRdZiFUe" style="border-bottom: Black 2.5pt double; text-align: right" title="Net Earnings (Loss)">10,489,487</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98E_eus-gaap--NetIncomeLoss_pp0p0_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--CemeteryAndMortuaryMember_zA0QFUZ7yMT1" style="border-bottom: Black 2.5pt double; text-align: right" title="Net Earnings (Loss)">3,390,026</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98F_eus-gaap--NetIncomeLoss_pp0p0_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--MortgageMember_zLEx0BgSwbK" style="border-bottom: Black 2.5pt double; text-align: right" title="Net Earnings (Loss)">41,717,100</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98B_eus-gaap--NetIncomeLoss_pp0p0_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--IntercompanyEliminationsMember_zIK125eWmkS4" style="border-bottom: Black 2.5pt double; text-align: right" title="Net Earnings (Loss)"><span style="-sec-ix-hidden: xdx2ixbrl3694">-</span></td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_983_eus-gaap--NetIncomeLoss_pp0p0_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--ConsolidatedMember_z9c6rhEjqNU3" style="border-bottom: Black 2.5pt double; text-align: right" title="Net Earnings (Loss)">55,596,613</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: left; padding-bottom: 2.5pt">Identifiable assets</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right"><p id="xdx_981_ecustom--IdentifiableAssets_iI_pp0p0_c20201231__us-gaap--StatementBusinessSegmentsAxis__custom--LifeInsuranceSegmentsMember_zA6d3KArdOM9" style="font: 10pt/107% Times New Roman, Times, Serif; margin: 0" title="Identifiable Assets">1,171,158,235</p></td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_982_ecustom--IdentifiableAssets_c20201231__us-gaap--StatementBusinessSegmentsAxis__custom--CemeteryAndMortuaryMember_pp0p0" style="border-bottom: Black 2.5pt double; text-align: right" title="Identifiable Assets">56,335,498</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_989_ecustom--IdentifiableAssets_c20201231__us-gaap--StatementBusinessSegmentsAxis__custom--MortgageMember_pp0p0" style="border-bottom: Black 2.5pt double; text-align: right" title="Identifiable Assets">408,325,196</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_989_ecustom--IdentifiableAssets_c20201231__us-gaap--StatementBusinessSegmentsAxis__custom--IntercompanyEliminationsMember_pp0p0" style="border-bottom: Black 2.5pt double; text-align: right" title="Identifiable Assets">(90,398,039</td><td style="padding-bottom: 2.5pt; text-align: left">)</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right"><p id="xdx_989_ecustom--IdentifiableAssets_c20201231__us-gaap--StatementBusinessSegmentsAxis__custom--ConsolidatedMember_pp0p0" style="font: 10pt/107% Times New Roman, Times, Serif; margin: 0" title="Identifiable Assets">1,545,420,890</p></td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-bottom: 2.5pt">Goodwill</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_988_eus-gaap--Goodwill_iI_pp0p0_c20201231__us-gaap--StatementBusinessSegmentsAxis__custom--LifeInsuranceSegmentsMember_zHr9sd1Kqcfe" style="border-bottom: Black 2.5pt double; text-align: right" title="Goodwill">2,765,570</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_983_eus-gaap--Goodwill_c20201231__us-gaap--StatementBusinessSegmentsAxis__custom--CemeteryAndMortuaryMember_pp0p0" style="border-bottom: Black 2.5pt double; text-align: right" title="Goodwill">754,018</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_984_eus-gaap--Goodwill_c20201231__us-gaap--StatementBusinessSegmentsAxis__custom--MortgageMember_pp0p0" style="border-bottom: Black 2.5pt double; text-align: right" title="Goodwill"><span style="-sec-ix-hidden: xdx2ixbrl3712">-</span></td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98B_eus-gaap--Goodwill_c20201231__us-gaap--StatementBusinessSegmentsAxis__custom--IntercompanyEliminationsMember_pp0p0" style="border-bottom: Black 2.5pt double; text-align: right" title="Goodwill"><span style="-sec-ix-hidden: xdx2ixbrl3714">-</span></td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_982_eus-gaap--Goodwill_c20201231__us-gaap--StatementBusinessSegmentsAxis__custom--ConsolidatedMember_pp0p0" style="border-bottom: Black 2.5pt double; text-align: right" title="Goodwill">3,519,588</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> <p id="xdx_8A9_zyzc75L7mQP8" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">SECURITY NATIONAL FINANCIAL CORPORATION</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">AND SUBSIDIARIES</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Notes to Consolidated Financial Statements</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Years Ended December 31, 2021 and 2020</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p id="xdx_895_eus-gaap--ScheduleOfSegmentReportingInformationBySegmentTextBlock_zrkDsXgm7awe" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span id="xdx_8BA_zYL1YQEJcuQ7" style="display: none">Schedule of Revenues and Expenses by Reportable Segment</span><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <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="18" style="border-bottom: Black 1pt solid; text-align: center">Year Ended December 31, 2021</td><td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td> </td> <td colspan="2" style="text-align: center">Life</td><td> </td><td> </td> <td colspan="2" style="text-align: center">Cemetery/</td><td> </td><td> </td> <td colspan="2"> </td><td> </td><td> </td> <td colspan="2" style="text-align: center">Intercompany</td><td> </td><td> </td> <td colspan="2"> </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">Insurance</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">Mortuary</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</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">Eliminations</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">Consolidated</td><td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td>Revenues:</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><td> </td> <td colspan="2"> </td><td> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left">From external sources:</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="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: 35%; text-align: left">Revenue from customers</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_981_ecustom--RevenueFromCustomers_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--LifeInsuranceSegmentsMember_z5bwFvYPRBUk" style="width: 9%; text-align: right" title="Revenue from customers">100,254,573</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_986_ecustom--RevenueFromCustomers_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--CemeteryAndMortuaryMember_zxuuPcdEspl1" style="width: 9%; text-align: right" title="Revenue from customers">23,997,313</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_98A_ecustom--RevenueFromCustomers_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--MortgageMember_zL08cPMzHtxb" style="width: 9%; text-align: right" title="Revenue from customers">263,418,230</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td id="xdx_986_ecustom--RevenueFromCustomers_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--IntercompanyEliminationsMember_zXg7g0bM5Isf" style="width: 9%; text-align: right" title="Revenue from customers"><span style="-sec-ix-hidden: xdx2ixbrl3164">-</span></td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_981_ecustom--RevenueFromCustomers_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--ConsolidatedMember_zI9cDQQBFOzl" style="width: 9%; text-align: right" title="Revenue from customers">387,670,116</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Net investment income</td><td> </td> <td style="text-align: left"> </td><td id="xdx_988_eus-gaap--InvestmentIncomeNet_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--LifeInsuranceSegmentsMember_zNwCXoSdeuGf" style="text-align: right" title="Net investment income">56,091,725</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_985_eus-gaap--InvestmentIncomeNet_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--CemeteryAndMortuaryMember_zFRwthqM9vh5" style="text-align: right" title="Net investment income">1,653,940</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98F_eus-gaap--InvestmentIncomeNet_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--MortgageMember_zKWyVY9p9Dl7" style="text-align: right" title="Net investment income">519,018</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98E_eus-gaap--InvestmentIncomeNet_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--IntercompanyEliminationsMember_z1FRrzqDBkQ7" style="text-align: right" title="Net investment income"><span style="-sec-ix-hidden: xdx2ixbrl3174">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98E_eus-gaap--InvestmentIncomeNet_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--ConsolidatedMember_z1I47iJ11UL7" style="text-align: right" title="Net investment income">58,264,683</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Gains on investments and other assets</td><td> </td> <td style="text-align: left"> </td><td id="xdx_989_eus-gaap--GainLossOnInvestments_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--LifeInsuranceSegmentsMember_zV4vgboX4aif" style="text-align: right" title="Gains on investments and other assets">4,554,528</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_985_eus-gaap--GainLossOnInvestments_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--CemeteryAndMortuaryMember_z12S8y32AHJ3" style="text-align: right" title="Gains on investments and other assets">1,511,965</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_988_eus-gaap--GainLossOnInvestments_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--MortgageMember_zWQd1I02XoVd" style="text-align: right" title="Gains on investments and other assets">198,641</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98E_eus-gaap--GainLossOnInvestments_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--IntercompanyEliminationsMember_zKCce1jFcCvc" style="text-align: right" title="Gains on investments and other assets"><span style="-sec-ix-hidden: xdx2ixbrl3184">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_985_eus-gaap--GainLossOnInvestments_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--ConsolidatedMember_zhFeB0WQmmFb" style="text-align: right" title="Gains on investments and other assets">6,265,134</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Other than temporary impairments</td><td> </td> <td style="text-align: left"> </td><td id="xdx_989_eus-gaap--EquityMethodInvestmentOtherThanTemporaryImpairment_iN_pp0p0_di_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--LifeInsuranceSegmentsMember_zTO5Ibw1YD6a" style="text-align: right" title="Other than temporary impairments">(39,502</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98E_eus-gaap--EquityMethodInvestmentOtherThanTemporaryImpairment_iN_pp0p0_di_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--CemeteryAndMortuaryMember_zbWI6cMh7JQd" style="text-align: right" title="Other than temporary impairments"><span style="-sec-ix-hidden: xdx2ixbrl3190">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_985_eus-gaap--EquityMethodInvestmentOtherThanTemporaryImpairment_iN_pp0p0_di_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--MortgageMember_zVD47sZf6fTf" style="text-align: right" title="Other than temporary impairments"><span style="-sec-ix-hidden: xdx2ixbrl3192">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98F_eus-gaap--EquityMethodInvestmentOtherThanTemporaryImpairment_iN_pp0p0_di_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--IntercompanyEliminationsMember_z9dymtUclWE8" style="text-align: right" title="Other than temporary impairments"><span style="-sec-ix-hidden: xdx2ixbrl3194">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98D_eus-gaap--EquityMethodInvestmentOtherThanTemporaryImpairment_iN_pp0p0_di_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--ConsolidatedMember_z4kizLYce6e5" style="text-align: right" title="Other than temporary impairments">(39,502</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 revenues</td><td> </td> <td style="text-align: left"> </td><td id="xdx_986_eus-gaap--OtherIncome_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--LifeInsuranceSegmentsMember_z0oKDSRT4K4d" style="text-align: right" title="Other revenues">2,152,531</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98C_eus-gaap--OtherIncome_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--CemeteryAndMortuaryMember_zrAKGpmRwrJ6" style="text-align: right" title="Other revenues">100,255</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98D_eus-gaap--OtherIncome_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--MortgageMember_z6ycqYRitpGj" style="text-align: right" title="Other revenues">16,282,325</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98B_eus-gaap--OtherIncome_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--IntercompanyEliminationsMember_z61gAjUsEiSk" style="text-align: right" title="Other revenues"><span style="-sec-ix-hidden: xdx2ixbrl3204">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_987_eus-gaap--OtherIncome_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--ConsolidatedMember_zn5bA0AAFBDe" style="text-align: right" title="Other revenues">18,535,111</td><td style="text-align: left"> </td></tr> <tr 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"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="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">Net investment income</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_988_eus-gaap--NetInvestmentIncome_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--LifeInsuranceSegmentsMember_zjXUoRqiI0V6" style="border-bottom: Black 1pt solid; text-align: right" title="Net investment income">7,569,875</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--NetInvestmentIncome_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--CemeteryAndMortuaryMember_zyB0SIBnGay8" style="border-bottom: Black 1pt solid; text-align: right" title="Net investment income">314,001</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--NetInvestmentIncome_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--MortgageMember_zpfzxa4OoQg1" style="border-bottom: Black 1pt solid; text-align: right" title="Net investment income">599,115</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--NetInvestmentIncome_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--IntercompanyEliminationsMember_zHhar5ls3e0f" style="border-bottom: Black 1pt solid; text-align: right" title="Net investment income">(8,482,991</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--NetInvestmentIncome_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--ConsolidatedMember_z3VnnWGslrBl" style="border-bottom: Black 1pt solid; text-align: right" title="Net investment income"><span style="-sec-ix-hidden: xdx2ixbrl3216">-</span></td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 1pt">Total revenues</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_987_eus-gaap--Revenues_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--LifeInsuranceSegmentsMember_zHJ4JLDNISO6" style="border-bottom: Black 1pt solid; text-align: right" title="Total revenues">170,583,730</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--Revenues_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--CemeteryAndMortuaryMember_zLOVuZ63UmMf" style="border-bottom: Black 1pt solid; text-align: right" title="Total revenues">27,577,474</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--Revenues_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--MortgageMember_zxA0OXDNmIvj" style="border-bottom: Black 1pt solid; text-align: right" title="Total revenues">281,017,329</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--Revenues_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--IntercompanyEliminationsMember_zi5fw3u7wNK1" style="border-bottom: Black 1pt solid; text-align: right" title="Total revenues">(8,482,991</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--Revenues_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--ConsolidatedMember_zb9frUDHgod4" style="border-bottom: Black 1pt solid; text-align: right" title="Total revenues">470,695,542</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td>Expenses:</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="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">Death, surrenders and other policy benefits</td><td> </td> <td style="text-align: left"> </td><td id="xdx_981_ecustom--DeathAndOtherPolicyBenefits_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--LifeInsuranceSegmentsMember_zhmaN1FLCG37" style="text-align: right" title="Death, surrenders and other policy benefits">67,218,455</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98E_ecustom--DeathAndOtherPolicyBenefits_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--CemeteryAndMortuaryMember_zzVRSY87jDvj" style="text-align: right" title="Death, surrenders and other policy benefits"><span style="-sec-ix-hidden: xdx2ixbrl3230">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98A_ecustom--DeathAndOtherPolicyBenefits_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--MortgageMember_zEepgu6RQ3B8" style="text-align: right" title="Death, surrenders and other policy benefits"><span style="-sec-ix-hidden: xdx2ixbrl3232">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98D_ecustom--DeathAndOtherPolicyBenefits_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--IntercompanyEliminationsMember_zUlOAdHv6n1d" style="text-align: right" title="Death, surrenders and other policy benefits"><span style="-sec-ix-hidden: xdx2ixbrl3234">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_985_ecustom--DeathAndOtherPolicyBenefits_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--ConsolidatedMember_zi3mhW3jUmH3" style="text-align: right" title="Death, surrenders and other policy benefits">67,218,455</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Increase in future policy benefits</td><td> </td> <td style="text-align: left"> </td><td id="xdx_988_eus-gaap--IncreaseDecreaseInFuturePolicyBenefitReserves_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--LifeInsuranceSegmentsMember_zni6JH7vJybg" style="text-align: right" title="Increase in future policy benefits">26,263,312</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_986_eus-gaap--IncreaseDecreaseInFuturePolicyBenefitReserves_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--CemeteryAndMortuaryMember_znEgwzag0Vie" style="text-align: right" title="Increase in future policy benefits"><span style="-sec-ix-hidden: xdx2ixbrl3240">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_989_eus-gaap--IncreaseDecreaseInFuturePolicyBenefitReserves_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--MortgageMember_zdBRgFZbNWh2" style="text-align: right" title="Increase in future policy benefits"><span style="-sec-ix-hidden: xdx2ixbrl3242">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98E_eus-gaap--IncreaseDecreaseInFuturePolicyBenefitReserves_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--IntercompanyEliminationsMember_zuKxAPjYQ41g" style="text-align: right" title="Increase in future policy benefits"><span style="-sec-ix-hidden: xdx2ixbrl3244">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98F_eus-gaap--IncreaseDecreaseInFuturePolicyBenefitReserves_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--ConsolidatedMember_zo1nJjhZ17Ne" style="text-align: right" title="Increase in future policy benefits">26,263,312</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Amortization of deferred policy and pre-need acquisition costs and value of business acquired</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98B_ecustom--AmortizationOfDeferredPolicyAndPreNeedAcquisitionCostsAndValueOfBusinessAcquired_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--LifeInsuranceSegmentsMember_zwts0wFzG4M9" style="text-align: right" title="Amortization of deferred policy and pre-need acquisition costs and value of business acquired">15,611,374</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_982_ecustom--AmortizationOfDeferredPolicyAndPreNeedAcquisitionCostsAndValueOfBusinessAcquired_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--CemeteryAndMortuaryMember_zREgwQcmkRgi" style="text-align: right" title="Amortization of deferred policy and pre-need acquisition costs and value of business acquired">531,596</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_982_ecustom--AmortizationOfDeferredPolicyAndPreNeedAcquisitionCostsAndValueOfBusinessAcquired_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--MortgageMember_zLKQV7bBb3Se" style="text-align: right" title="Amortization of deferred policy and pre-need acquisition costs and value of business acquired"><span style="-sec-ix-hidden: xdx2ixbrl3252">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_988_ecustom--AmortizationOfDeferredPolicyAndPreNeedAcquisitionCostsAndValueOfBusinessAcquired_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--IntercompanyEliminationsMember_z4mWymITebj8" style="text-align: right" title="Amortization of deferred policy and pre-need acquisition costs and value of business acquired"><span style="-sec-ix-hidden: xdx2ixbrl3254">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98F_ecustom--AmortizationOfDeferredPolicyAndPreNeedAcquisitionCostsAndValueOfBusinessAcquired_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--ConsolidatedMember_zVAIQpIxxIUb" style="text-align: right" title="Amortization of deferred policy and pre-need acquisition costs and value of business acquired">16,142,970</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Selling, general and administrative expenses:</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="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">Commissions</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98D_eus-gaap--SalesCommissionsAndFees_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--LifeInsuranceSegmentsMember_z7n4zvZj8BI6" style="text-align: right" title="Commissions">3,514,498</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_983_eus-gaap--SalesCommissionsAndFees_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--CemeteryAndMortuaryMember_zgEL1Wb1Wk8a" style="text-align: right" title="Commissions">1,917,899</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_986_eus-gaap--SalesCommissionsAndFees_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--MortgageMember_zOu2IpNqpRB" style="text-align: right" title="Commissions">112,854,072</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98C_eus-gaap--SalesCommissionsAndFees_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--IntercompanyEliminationsMember_ztwUdKJzXM5c" style="text-align: right" title="Commissions"><span style="-sec-ix-hidden: xdx2ixbrl3264">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98E_eus-gaap--SalesCommissionsAndFees_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--ConsolidatedMember_znSU0QKPMube" style="text-align: right" title="Commissions">118,286,469</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 10pt">Personnel</td><td> </td> <td style="text-align: left"> </td><td id="xdx_982_eus-gaap--SalariesAndWages_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--LifeInsuranceSegmentsMember_zqBq8lNU0Thb" style="text-align: right" title="Personnel">25,009,096</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_982_eus-gaap--SalariesAndWages_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--CemeteryAndMortuaryMember_zx0DnXUuzg48" style="text-align: right" title="Personnel">6,850,617</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_985_eus-gaap--SalariesAndWages_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--MortgageMember_ziEuNLPv3x7l" style="text-align: right" title="Personnel">68,880,448</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_987_eus-gaap--SalariesAndWages_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--IntercompanyEliminationsMember_z9WciOvUwsW9" style="text-align: right" title="Personnel"><span style="-sec-ix-hidden: xdx2ixbrl3274">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_986_eus-gaap--SalariesAndWages_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--ConsolidatedMember_zc3PUm3dNSzi" style="text-align: right" title="Personnel">100,740,161</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-left: 10pt">Advertising</td><td> </td> <td style="text-align: left"> </td><td id="xdx_986_eus-gaap--AdvertisingExpense_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--LifeInsuranceSegmentsMember_zyAFJNyrvAb9" style="text-align: right" title="Advertising">1,160,640</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_986_eus-gaap--AdvertisingExpense_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--CemeteryAndMortuaryMember_zOVbcjx407Wg" style="text-align: right" title="Advertising">570,924</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_982_eus-gaap--AdvertisingExpense_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--MortgageMember_zSXIakSIaFnj" style="text-align: right" title="Advertising">4,894,854</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_981_eus-gaap--AdvertisingExpense_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--IntercompanyEliminationsMember_zVLo2Se9VzD" style="text-align: right" title="Advertising"><span style="-sec-ix-hidden: xdx2ixbrl3284">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_980_eus-gaap--AdvertisingExpense_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--ConsolidatedMember_zuZK1QWkhrcj" style="text-align: right" title="Advertising">6,626,418</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">Rent and rent related</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98F_ecustom--RentAndRentRelated_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--LifeInsuranceSegmentsMember_zpbvNHOndCEf" style="text-align: right" title="Rent and rent related">733,726</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_982_ecustom--RentAndRentRelated_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--CemeteryAndMortuaryMember_zb4ZpS9kDBxi" style="text-align: right" title="Rent and rent related">109,318</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98E_ecustom--RentAndRentRelated_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--MortgageMember_ztlnGWCnEJM2" style="text-align: right" title="Rent and rent related">6,399,243</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_986_ecustom--RentAndRentRelated_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--IntercompanyEliminationsMember_zY0nteZnHVzg" style="text-align: right" title="Rent and rent related"><span style="-sec-ix-hidden: xdx2ixbrl3294">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_983_ecustom--RentAndRentRelated_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--ConsolidatedMember_zro63rWPUJS5" style="text-align: right" title="Rent and rent related">7,242,287</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-left: 10pt; text-align: left">Depreciation on property and equipment</td><td> </td> <td style="text-align: left"> </td><td id="xdx_984_eus-gaap--AccumulatedDepreciationDepletionAndAmortizationReclassificationsFromPropertyPlantAndEquipment1_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--LifeInsuranceSegmentsMember_ztVGTdPOzud9" style="text-align: right" title="Depreciation on property and equipment">806,543</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_989_eus-gaap--AccumulatedDepreciationDepletionAndAmortizationReclassificationsFromPropertyPlantAndEquipment1_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--CemeteryAndMortuaryMember_zNWxhY6HE5F9" style="text-align: right" title="Depreciation on property and equipment">479,005</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_984_eus-gaap--AccumulatedDepreciationDepletionAndAmortizationReclassificationsFromPropertyPlantAndEquipment1_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--MortgageMember_zTgx7ygjENJ8" style="text-align: right" title="Depreciation on property and equipment">650,065</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98E_eus-gaap--AccumulatedDepreciationDepletionAndAmortizationReclassificationsFromPropertyPlantAndEquipment1_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--IntercompanyEliminationsMember_zL20h8Q81pQ3" style="text-align: right" title="Depreciation on property and equipment"><span style="-sec-ix-hidden: xdx2ixbrl3304">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_985_eus-gaap--AccumulatedDepreciationDepletionAndAmortizationReclassificationsFromPropertyPlantAndEquipment1_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--ConsolidatedMember_z8hRCyLfos48" style="text-align: right" title="Depreciation on property and equipment">1,935,613</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">Provision for loan loss reserve</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98A_ecustom--ProvisionForLoanLossReserves_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--LifeInsuranceSegmentsMember_z9SD5SMrZnec" style="text-align: right" title="Provision for loan loss reserve"><span style="-sec-ix-hidden: xdx2ixbrl3308">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_985_ecustom--ProvisionForLoanLossReserves_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--CemeteryAndMortuaryMember_zAHGl85UokQd" style="text-align: right" title="Provision for loan loss reserve"><span style="-sec-ix-hidden: xdx2ixbrl3310">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98B_ecustom--ProvisionForLoanLossReserves_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--MortgageMember_zBWc4ZIqYL3h" style="text-align: right" title="Provision for loan loss reserve"><span style="-sec-ix-hidden: xdx2ixbrl3312">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_982_ecustom--ProvisionForLoanLossReserves_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--IntercompanyEliminationsMember_zjGwKoH2BYEl" style="text-align: right" title="Provision for loan loss reserve"><span style="-sec-ix-hidden: xdx2ixbrl3314">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_986_ecustom--ProvisionForLoanLossReserves_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--ConsolidatedMember_z1cfUsgvslwa" style="text-align: right" title="Provision for loan loss reserve"><span style="-sec-ix-hidden: xdx2ixbrl3316">-</span></td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-left: 10pt; text-align: left">Cost related to funding mortgage loans</td><td> </td> <td style="text-align: left"> </td><td id="xdx_982_ecustom--CostOfFundingMortgageLoans_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--LifeInsuranceSegmentsMember_zHkt5OhOsLbi" style="text-align: right" title="Costs related to funding mortgage loans"><span style="-sec-ix-hidden: xdx2ixbrl3318">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_988_ecustom--CostOfFundingMortgageLoans_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--CemeteryAndMortuaryMember_zbv1WPpmHRA5" style="text-align: right" title="Costs related to funding mortgage loans"><span style="-sec-ix-hidden: xdx2ixbrl3320">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_981_ecustom--CostOfFundingMortgageLoans_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--MortgageMember_zbHunvZHnQhc" style="text-align: right" title="Costs related to funding mortgage loans">10,541,570</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98A_ecustom--CostOfFundingMortgageLoans_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--IntercompanyEliminationsMember_zcvZIOSILkbg" style="text-align: right" title="Costs related to funding mortgage loans"><span style="-sec-ix-hidden: xdx2ixbrl3324">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_980_ecustom--CostOfFundingMortgageLoans_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--ConsolidatedMember_zSk2851707Nl" style="text-align: right" title="Costs related to funding mortgage loans">10,541,570</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 10pt">Intersegment</td><td> </td> <td style="text-align: left"> </td><td id="xdx_987_ecustom--AdministrativeCostsIntersegment_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--LifeInsuranceSegmentsMember_zqXaxqtFl198" style="text-align: right" title="Intersegment">497,113</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_987_ecustom--AdministrativeCostsIntersegment_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--CemeteryAndMortuaryMember_zlGgT5dXNSp9" style="text-align: right" title="Intersegment">113,062</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98C_ecustom--AdministrativeCostsIntersegment_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--MortgageMember_zFuUY35l0Nh3" style="text-align: right" title="Intersegment">671,107</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_989_ecustom--AdministrativeCostsIntersegment_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--IntercompanyEliminationsMember_zPXDXbMfcAJf" style="text-align: right" title="Intersegment">(1,281,282</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98C_ecustom--AdministrativeCostsIntersegment_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--ConsolidatedMember_z0B91YOTQgB2" style="text-align: right" title="Intersegment"><span style="-sec-ix-hidden: xdx2ixbrl3336">-</span></td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-left: 10pt">Other</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98C_eus-gaap--OtherGeneralExpense_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--LifeInsuranceSegmentsMember_zzSKq614kuS7" style="text-align: right" title="Other">12,075,374</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98D_eus-gaap--OtherGeneralExpense_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--CemeteryAndMortuaryMember_z5D8AW5XIli2" style="text-align: right" title="Other">5,224,178</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98D_eus-gaap--OtherGeneralExpense_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--MortgageMember_zNqLLsDjzYw3" style="text-align: right" title="Other">35,766,430</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98C_eus-gaap--OtherGeneralExpense_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--IntercompanyEliminationsMember_z4nxHprX3Ii7" style="text-align: right" title="Other"><span style="-sec-ix-hidden: xdx2ixbrl3344">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98A_eus-gaap--OtherGeneralExpense_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--ConsolidatedMember_zQSR6minWnp8" style="text-align: right" title="Other">53,065,982</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Interest expense:</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="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">Intersegment</td><td> </td> <td style="text-align: left"> </td><td id="xdx_981_ecustom--InterestExpenseIntersegment_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--LifeInsuranceSegmentsMember_z14Dc2nqTzTh" style="text-align: right" title="Intersegment">392,003</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98F_ecustom--InterestExpenseIntersegment_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--CemeteryAndMortuaryMember_zAN9jlIi6YVd" style="text-align: right" title="Intersegment">97,195</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_987_ecustom--InterestExpenseIntersegment_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--MortgageMember_zyJFrFagHSpe" style="text-align: right" title="Intersegment">6,712,511</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_980_ecustom--InterestExpenseIntersegment_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--IntercompanyEliminationsMember_zLjfzJ5Xann" style="text-align: right" title="Intersegment">(7,201,709</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td id="xdx_982_ecustom--InterestExpenseIntersegment_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--ConsolidatedMember_zC2NsJiL6Hi8" style="text-align: right" title="Intersegment"><span style="-sec-ix-hidden: xdx2ixbrl3356">-</span></td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 10pt">Other</td><td> </td> <td style="text-align: left"> </td><td id="xdx_988_eus-gaap--InterestExpenseOther_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--LifeInsuranceSegmentsMember_z4bczBWdb2wk" style="text-align: right" title="Other">2,328,868</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98F_eus-gaap--InterestExpenseOther_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--CemeteryAndMortuaryMember_z8wm0fep4PYb" style="text-align: right" title="Other">54,620</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_989_eus-gaap--InterestExpenseOther_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--MortgageMember_zDzunJ28bn33" style="text-align: right" title="Other">4,744,028</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_987_eus-gaap--InterestExpenseOther_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--IntercompanyEliminationsMember_z8o2KWXKaq4h" style="text-align: right" title="Other"><span style="-sec-ix-hidden: xdx2ixbrl3364">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_988_eus-gaap--InterestExpenseOther_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--ConsolidatedMember_zcIrTl004mAg" style="text-align: right" title="Other">7,127,516</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 1pt">Costs of goods and services sold-mortuaries and cemeteries</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_987_eus-gaap--CostOfGoodsAndServicesSold_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--LifeInsuranceSegmentsMember_zf4Y3xlwl2tb" style="border-bottom: Black 1pt solid; text-align: right" title="Cost of goods and services sold - cemeteries and mortuaries"><span style="-sec-ix-hidden: xdx2ixbrl3368">-</span></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--CostOfGoodsAndServicesSold_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--CemeteryAndMortuaryMember_zFiPBGIPdFBa" style="border-bottom: Black 1pt solid; text-align: right" title="Cost of goods and services sold - cemeteries and mortuaries">3,704,014</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--CostOfGoodsAndServicesSold_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--MortgageMember_zwOzfYfU3zr2" style="border-bottom: Black 1pt solid; text-align: right" title="Cost of goods and services sold - cemeteries and mortuaries"><span style="-sec-ix-hidden: xdx2ixbrl3372">-</span></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--CostOfGoodsAndServicesSold_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--IntercompanyEliminationsMember_zg9VNQJR0Gf" style="border-bottom: Black 1pt solid; text-align: right" title="Cost of goods and services sold - cemeteries and mortuaries"><span style="-sec-ix-hidden: xdx2ixbrl3374">-</span></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--CostOfGoodsAndServicesSold_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--ConsolidatedMember_zqsz7WrBn7E4" style="border-bottom: Black 1pt solid; text-align: right" title="Cost of goods and services sold - cemeteries and mortuaries">3,704,014</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; padding-bottom: 1pt">Total benefits and expenses</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_987_ecustom--BenefitsAndExpenses_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--LifeInsuranceSegmentsMember_zPg9ijjVVPT4" style="border-bottom: Black 1pt solid; text-align: right" title="Total benefits and expenses">155,611,002</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_98B_ecustom--BenefitsAndExpenses_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--CemeteryAndMortuaryMember_zvzAMQSfLi06" style="border-bottom: Black 1pt solid; text-align: right" title="Total benefits and expenses">19,652,428</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_ecustom--BenefitsAndExpenses_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--MortgageMember_zdAMs9jiN5Ng" style="border-bottom: Black 1pt solid; text-align: right" title="Total benefits and expenses">252,114,328</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_ecustom--BenefitsAndExpenses_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--IntercompanyEliminationsMember_zKZTbcuSuxkg" style="border-bottom: Black 1pt solid; text-align: right" title="Total benefits and expenses">(8,482,991</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_ecustom--BenefitsAndExpenses_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--ConsolidatedMember_zjZks4FEQuh1" style="border-bottom: Black 1pt solid; text-align: right" title="Total benefits and expenses">418,894,767</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 1pt">Earnings before income taxes</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left">$</td><td id="xdx_988_eus-gaap--IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--LifeInsuranceSegmentsMember_ztnF13cA21vl" style="border-bottom: Black 1pt solid; text-align: right" title="Earnings before income taxes">14,972,728</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left">$</td><td id="xdx_98F_eus-gaap--IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--CemeteryAndMortuaryMember_zSWzH3Op1bL6" style="border-bottom: Black 1pt solid; text-align: right" title="Earnings before income taxes">7,925,046</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">$</td><td id="xdx_982_eus-gaap--IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--MortgageMember_zh7syQRonMd5" style="border-bottom: Black 1pt solid; text-align: right" title="Earnings before income taxes">28,903,001</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left">$</td><td id="xdx_989_eus-gaap--IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--IntercompanyEliminationsMember_zA338q2fosE3" style="border-bottom: Black 1pt solid; text-align: right" title="Earnings before income taxes"><span style="-sec-ix-hidden: xdx2ixbrl3394">-</span></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--IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--ConsolidatedMember_zEJ9H7I8BWHe" style="border-bottom: Black 1pt solid; text-align: right" title="Earnings before income taxes">51,800,775</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; padding-bottom: 1pt">Income tax benefit (expense)</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_982_eus-gaap--IncomeTaxExpenseBenefit_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--LifeInsuranceSegmentsMember_zH1AGoeTjMo3" style="border-bottom: Black 1pt solid; text-align: right" title="Income tax benefit (expense)">(2,943,715</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--IncomeTaxExpenseBenefit_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--CemeteryAndMortuaryMember_zIm4XU2xIrve" style="border-bottom: Black 1pt solid; text-align: right" title="Income tax benefit (expense)">(1,975,787</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--IncomeTaxExpenseBenefit_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--MortgageMember_zGd16k6vf8ke" style="border-bottom: Black 1pt solid; text-align: right" title="Income tax benefit (expense)">(7,362,283</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--IncomeTaxExpenseBenefit_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--IntercompanyEliminationsMember_z6ajEB0NhpUb" style="border-bottom: Black 1pt solid; text-align: right" title="Income tax benefit (expense)"><span style="-sec-ix-hidden: xdx2ixbrl3404">-</span></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--IncomeTaxExpenseBenefit_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--ConsolidatedMember_znn8TAh9VhHc" style="border-bottom: Black 1pt solid; text-align: right" title="Income tax benefit (expense)">(12,281,785</td><td style="padding-bottom: 1pt; text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 2.5pt">Net earnings</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--NetIncomeLoss_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--LifeInsuranceSegmentsMember_znexiA1UGxe4" style="border-bottom: Black 2.5pt double; text-align: right" title="Net Earnings (Loss)">12,029,013</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">$</td><td id="xdx_980_eus-gaap--NetIncomeLoss_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--CemeteryAndMortuaryMember_z4VD4tpo07a1" style="border-bottom: Black 2.5pt double; text-align: right" title="Net Earnings (Loss)">5,949,259</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_987_eus-gaap--NetIncomeLoss_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--MortgageMember_zeaNA7ND81G7" style="border-bottom: Black 2.5pt double; text-align: right" title="Net Earnings (Loss)">21,540,718</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98C_eus-gaap--NetIncomeLoss_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--IntercompanyEliminationsMember_zIqQLnQ5Wt1h" style="border-bottom: Black 2.5pt double; text-align: right" title="Net Earnings (Loss)"><span style="-sec-ix-hidden: xdx2ixbrl3414">-</span></td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_982_eus-gaap--NetIncomeLoss_pp0p0_c20210101__20211231__us-gaap--StatementBusinessSegmentsAxis__custom--ConsolidatedMember_z7AMqS5uZxV5" style="border-bottom: Black 2.5pt double; text-align: right" title="Net Earnings (Loss)">39,518,990</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: left; padding-bottom: 2.5pt">Identifiable assets</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right"><p id="xdx_98B_ecustom--IdentifiableAssets_iI_pp0p0_c20211231__us-gaap--StatementBusinessSegmentsAxis__custom--LifeInsuranceSegmentsMember_zS64ntd4RCI9" style="font: 10pt/107% Times New Roman, Times, Serif; margin: 0" title="Identifiable Assets">1,236,406,557</p><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"/></td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_984_ecustom--IdentifiableAssets_iI_pp0p0_c20211231__us-gaap--StatementBusinessSegmentsAxis__custom--CemeteryAndMortuaryMember_z86VEp2mRaA2" style="border-bottom: Black 2.5pt double; text-align: right" title="Identifiable Assets">73,432,116</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98F_ecustom--IdentifiableAssets_iI_pp0p0_c20211231__us-gaap--StatementBusinessSegmentsAxis__custom--MortgageMember_zwZ3mjptzwvk" style="border-bottom: Black 2.5pt double; text-align: right" title="Identifiable Assets">328,600,841</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_989_ecustom--IdentifiableAssets_iI_pp0p0_c20211231__us-gaap--StatementBusinessSegmentsAxis__custom--IntercompanyEliminationsMember_z2KOQCtZGky3" style="border-bottom: Black 2.5pt double; text-align: right" title="Identifiable Assets">(96,099,992</td><td style="padding-bottom: 2.5pt; text-align: left">)</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right"><p id="xdx_98D_ecustom--IdentifiableAssets_iI_pp0p0_c20211231__us-gaap--StatementBusinessSegmentsAxis__custom--ConsolidatedMember_zZUsEgMO1WR3" style="font: 10pt/107% Times New Roman, Times, Serif; margin: 0" title="Identifiable Assets">1,542,339,522</p></td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-bottom: 2.5pt">Goodwill</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_980_eus-gaap--Goodwill_iI_pp0p0_c20211231__us-gaap--StatementBusinessSegmentsAxis__custom--LifeInsuranceSegmentsMember_zIyo9RNHY9qh" style="border-bottom: Black 2.5pt double; text-align: right" title="Goodwill">2,765,570</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_983_eus-gaap--Goodwill_iI_pp0p0_c20211231__us-gaap--StatementBusinessSegmentsAxis__custom--CemeteryAndMortuaryMember_zVyQZt6yLGSk" style="border-bottom: Black 2.5pt double; text-align: right" title="Goodwill">2,488,213</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98C_eus-gaap--Goodwill_iI_pp0p0_c20211231__us-gaap--StatementBusinessSegmentsAxis__custom--MortgageMember_zxQxRH4JdA87" style="border-bottom: Black 2.5pt double; text-align: right" title="Goodwill"><span style="-sec-ix-hidden: xdx2ixbrl3432">-</span></td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_983_eus-gaap--Goodwill_iI_pp0p0_c20211231__us-gaap--StatementBusinessSegmentsAxis__custom--IntercompanyEliminationsMember_zsonK34VxBDi" style="border-bottom: Black 2.5pt double; text-align: right" title="Goodwill"><span style="-sec-ix-hidden: xdx2ixbrl3434">-</span></td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98E_eus-gaap--Goodwill_iI_pp0p0_c20211231__us-gaap--StatementBusinessSegmentsAxis__custom--ConsolidatedMember_zRJHfzweq9of" style="border-bottom: Black 2.5pt double; text-align: right" title="Goodwill">5,253,783</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">SECURITY NATIONAL FINANCIAL CORPORATION</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">AND SUBSIDIARIES</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Notes to Consolidated Financial Statements</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Years Ended December 31, 2021 and 2020</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">15) <span style="text-decoration: underline">Business Segment Information</span> (Continued)</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <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="18" style="border-bottom: Black 1pt solid; text-align: center">Year Ended December 31, 2020</td><td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td> </td> <td colspan="2" style="text-align: center">Life</td><td> </td><td> </td> <td colspan="2" style="text-align: center">Cemetery/</td><td> </td><td> </td> <td colspan="2"> </td><td> </td><td> </td> <td colspan="2" style="text-align: center">Intercompany</td><td> </td><td> </td> <td colspan="2"> </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">Insurance</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">Mortuary</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</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">Eliminations</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">Consolidated</td><td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td>Revenues:</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><td> </td> <td colspan="2"> </td><td> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left">From external sources:</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="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: 35%; text-align: left">Revenue from customers</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_988_ecustom--RevenueFromCustomers_pp0p0_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--LifeInsuranceSegmentsMember_z3amIn9FR5T6" style="width: 9%; text-align: right" title="Revenue from customers">93,020,617</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_986_ecustom--RevenueFromCustomers_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--CemeteryAndMortuaryMember_pp0p0" style="width: 9%; text-align: right" title="Revenue from customers">20,307,435</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_98C_ecustom--RevenueFromCustomers_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--MortgageMember_pp0p0" style="width: 9%; text-align: right" title="Revenue from customers">298,933,110</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_98B_ecustom--RevenueFromCustomers_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--IntercompanyEliminationsMember_pp0p0" style="width: 9%; text-align: right" title="Revenue from customers"><span style="-sec-ix-hidden: xdx2ixbrl3444">-</span></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--RevenueFromCustomers_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--ConsolidatedMember_pp0p0" style="width: 9%; text-align: right" title="Revenue from customers">412,261,162</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Net investment income</td><td> </td> <td style="text-align: left"> </td><td id="xdx_988_eus-gaap--InvestmentIncomeNet_pp0p0_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--LifeInsuranceSegmentsMember_zLEKtzwMhAM5" style="text-align: right" title="Net investment income">54,811,486</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98E_eus-gaap--InvestmentIncomeNet_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--CemeteryAndMortuaryMember_pp0p0" style="text-align: right" title="Net investment income">807,695</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_985_eus-gaap--InvestmentIncomeNet_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--MortgageMember_pp0p0" style="text-align: right" title="Net investment income">710,622</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98C_eus-gaap--InvestmentIncomeNet_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--IntercompanyEliminationsMember_pp0p0" style="text-align: right" title="Net investment income"><span style="-sec-ix-hidden: xdx2ixbrl3454">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98A_eus-gaap--InvestmentIncomeNet_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--ConsolidatedMember_pp0p0" style="text-align: right" title="Net investment income">56,329,803</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Gains on investments and other assets</td><td> </td> <td style="text-align: left"> </td><td id="xdx_981_eus-gaap--GainLossOnInvestments_pp0p0_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--LifeInsuranceSegmentsMember_zQQimtyxTPk5" style="text-align: right" title="Gains on investments and other assets">2,088,541</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_983_eus-gaap--GainLossOnInvestments_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--CemeteryAndMortuaryMember_pp0p0" style="text-align: right" title="Gains on investments and other assets">(162,652</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td id="xdx_984_eus-gaap--GainLossOnInvestments_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--MortgageMember_pp0p0" style="text-align: right" title="Gains on investments and other assets">(39</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98A_eus-gaap--GainLossOnInvestments_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--IntercompanyEliminationsMember_pp0p0" style="text-align: right" title="Gains on investments and other assets"><span style="-sec-ix-hidden: xdx2ixbrl3464">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_983_eus-gaap--GainLossOnInvestments_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--ConsolidatedMember_pp0p0" style="text-align: right" title="Gains on investments and other assets">1,925,850</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Other than temporary impairments</td><td> </td> <td style="text-align: left"> </td><td id="xdx_981_eus-gaap--EquityMethodInvestmentOtherThanTemporaryImpairment_iN_pp0p0_di_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--LifeInsuranceSegmentsMember_zs3gvOrQ0wRb" style="text-align: right" title="Other than temporary impairments">(370,975</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98D_eus-gaap--EquityMethodInvestmentOtherThanTemporaryImpairment_iN_pp0p0_di_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--CemeteryAndMortuaryMember_zMkD5TuPe2D5" style="text-align: right" title="Other than temporary impairments"><span style="-sec-ix-hidden: xdx2ixbrl3470">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_982_eus-gaap--EquityMethodInvestmentOtherThanTemporaryImpairment_iN_pp0p0_di_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--MortgageMember_z5AgNF0wv68k" style="text-align: right" title="Other than temporary impairments"><span style="-sec-ix-hidden: xdx2ixbrl3472">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_985_eus-gaap--EquityMethodInvestmentOtherThanTemporaryImpairment_iN_pp0p0_di_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--IntercompanyEliminationsMember_z4DDs48rghWg" style="text-align: right" title="Other than temporary impairments"><span style="-sec-ix-hidden: xdx2ixbrl3474">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_989_eus-gaap--EquityMethodInvestmentOtherThanTemporaryImpairment_iN_pp0p0_di_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--ConsolidatedMember_zgpEA3YXRjFk" style="text-align: right" title="Other than temporary impairments">(370,975</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 revenues</td><td> </td> <td style="text-align: left"> </td><td id="xdx_982_eus-gaap--OtherIncome_pp0p0_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--LifeInsuranceSegmentsMember_zvCFSh1ihm5j" style="text-align: right" title="Other revenues">1,491,585</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98C_eus-gaap--OtherIncome_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--CemeteryAndMortuaryMember_pp0p0" style="text-align: right" title="Other revenues">94,349</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_982_eus-gaap--OtherIncome_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--MortgageMember_pp0p0" style="text-align: right" title="Other revenues">9,731,548</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_981_eus-gaap--OtherIncome_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--IntercompanyEliminationsMember_pp0p0" style="text-align: right" title="Other revenues"><span style="-sec-ix-hidden: xdx2ixbrl3484">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_987_eus-gaap--OtherIncome_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--ConsolidatedMember_pp0p0" style="text-align: right" title="Other revenues">11,317,482</td><td style="text-align: left"> </td></tr> <tr 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"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="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">Net investment income</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_988_eus-gaap--NetInvestmentIncome_pp0p0_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--LifeInsuranceSegmentsMember_zEGMsBNONKb5" style="border-bottom: Black 1pt solid; text-align: right" title="Net investment income">8,022,503</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--NetInvestmentIncome_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--CemeteryAndMortuaryMember_pp0p0" style="border-bottom: Black 1pt solid; text-align: right" title="Net investment income">351,505</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--NetInvestmentIncome_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--MortgageMember_pp0p0" style="border-bottom: Black 1pt solid; text-align: right" title="Net investment income">716,240</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--NetInvestmentIncome_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--IntercompanyEliminationsMember_pp0p0" style="border-bottom: Black 1pt solid; text-align: right" title="Net investment income">(9,090,248</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--NetInvestmentIncome_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--ConsolidatedMember_pp0p0" style="border-bottom: Black 1pt solid; text-align: right" title="Net investment income"><span style="-sec-ix-hidden: xdx2ixbrl3496">-</span></td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 1pt">Total revenues</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98C_eus-gaap--Revenues_pp0p0_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--LifeInsuranceSegmentsMember_z49a9dCGmKe3" style="border-bottom: Black 1pt solid; text-align: right" title="Total revenues">159,063,757</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--Revenues_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--CemeteryAndMortuaryMember_pp0p0" style="border-bottom: Black 1pt solid; text-align: right" title="Total revenues">21,398,332</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--Revenues_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--MortgageMember_pp0p0" style="border-bottom: Black 1pt solid; text-align: right" title="Total revenues">310,091,481</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--Revenues_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--IntercompanyEliminationsMember_pp0p0" style="border-bottom: Black 1pt solid; text-align: right" title="Total revenues">(9,090,248</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--Revenues_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--ConsolidatedMember_pp0p0" style="border-bottom: Black 1pt solid; text-align: right" title="Total revenues">481,463,322</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td>Expenses:</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="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">Death, surrenders and other policy benefits</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98D_ecustom--DeathAndOtherPolicyBenefits_pp0p0_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--LifeInsuranceSegmentsMember_zA9O2qhphqzk" style="text-align: right" title="Death, surrenders and other policy benefits">62,841,360</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98F_ecustom--DeathAndOtherPolicyBenefits_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--CemeteryAndMortuaryMember_pp0p0" style="text-align: right" title="Death, surrenders and other policy benefits"><span style="-sec-ix-hidden: xdx2ixbrl3510">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98D_ecustom--DeathAndOtherPolicyBenefits_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--MortgageMember_pp0p0" style="text-align: right" title="Death, surrenders and other policy benefits"><span style="-sec-ix-hidden: xdx2ixbrl3512">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98E_ecustom--DeathAndOtherPolicyBenefits_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--IntercompanyEliminationsMember_pp0p0" style="text-align: right" title="Death, surrenders and other policy benefits"><span style="-sec-ix-hidden: xdx2ixbrl3514">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98C_ecustom--DeathAndOtherPolicyBenefits_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--ConsolidatedMember_pp0p0" style="text-align: right" title="Death, surrenders and other policy benefits">62,841,360</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Increase in future policy benefits</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98F_eus-gaap--IncreaseDecreaseInFuturePolicyBenefitReserves_pp0p0_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--LifeInsuranceSegmentsMember_zE2pThW1qCqk" style="text-align: right" title="Increase in future policy benefits">23,568,650</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98A_eus-gaap--IncreaseDecreaseInFuturePolicyBenefitReserves_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--CemeteryAndMortuaryMember_pp0p0" style="text-align: right" title="Increase in future policy benefits"><span style="-sec-ix-hidden: xdx2ixbrl3520">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98F_eus-gaap--IncreaseDecreaseInFuturePolicyBenefitReserves_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--MortgageMember_pp0p0" style="text-align: right" title="Increase in future policy benefits"><span style="-sec-ix-hidden: xdx2ixbrl3522">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_980_eus-gaap--IncreaseDecreaseInFuturePolicyBenefitReserves_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--IntercompanyEliminationsMember_pp0p0" style="text-align: right" title="Increase in future policy benefits"><span style="-sec-ix-hidden: xdx2ixbrl3524">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98A_eus-gaap--IncreaseDecreaseInFuturePolicyBenefitReserves_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--ConsolidatedMember_pp0p0" style="text-align: right" title="Increase in future policy benefits">23,568,650</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Amortization of deferred policy and pre-need acquisition costs and value of business acquired</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98D_ecustom--AmortizationOfDeferredPolicyAndPreNeedAcquisitionCostsAndValueOfBusinessAcquired_pp0p0_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--LifeInsuranceSegmentsMember_zczx9oXzoYMd" style="text-align: right" title="Amortization of deferred policy and pre-need acquisition costs and value of business acquired">13,618,204</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_987_ecustom--AmortizationOfDeferredPolicyAndPreneedAcquisitionCostsAndValueOfBusinessAcquired_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--CemeteryAndMortuaryMember_pp0p0" style="text-align: right" title="Amortization of deferred policy and pre-need acquisition costs and value of business acquired">689,221</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_982_ecustom--AmortizationOfDeferredPolicyAndPreneedAcquisitionCostsAndValueOfBusinessAcquired_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--MortgageMember_pp0p0" style="text-align: right" title="Amortization of deferred policy and pre-need acquisition costs and value of business acquired"><span style="-sec-ix-hidden: xdx2ixbrl3532">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_981_ecustom--AmortizationOfDeferredPolicyAndPreneedAcquisitionCostsAndValueOfBusinessAcquired_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--IntercompanyEliminationsMember_pp0p0" style="text-align: right" title="Amortization of deferred policy and pre-need acquisition costs and value of business acquired"><span style="-sec-ix-hidden: xdx2ixbrl3534">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_986_ecustom--AmortizationOfDeferredPolicyAndPreneedAcquisitionCostsAndValueOfBusinessAcquired_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--ConsolidatedMember_pp0p0" style="text-align: right" title="Amortization of deferred policy and pre-need acquisition costs and value of business acquired">14,307,425</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Selling, general and administrative expenses:</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="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">Commissions</td><td> </td> <td style="text-align: left"> </td><td id="xdx_986_eus-gaap--SalesCommissionsAndFees_pp0p0_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--LifeInsuranceSegmentsMember_zcQNY2uSFqB5" style="text-align: right" title="Commissions">4,149,241</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_988_eus-gaap--SalesCommissionsAndFees_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--CemeteryAndMortuaryMember_pp0p0" style="text-align: right" title="Commissions">1,506,320</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98F_eus-gaap--SalesCommissionsAndFees_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--MortgageMember_pp0p0" style="text-align: right" title="Commissions">118,770,736</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_988_eus-gaap--SalesCommissionsAndFees_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--IntercompanyEliminationsMember_pp0p0" style="text-align: right" title="Commissions"><span style="-sec-ix-hidden: xdx2ixbrl3544">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98E_eus-gaap--SalesCommissionsAndFees_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--ConsolidatedMember_pp0p0" style="text-align: right" title="Commissions">124,426,297</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 10pt">Personnel</td><td> </td> <td style="text-align: left"> </td><td id="xdx_985_eus-gaap--SalariesAndWages_pp0p0_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--LifeInsuranceSegmentsMember_z64HisPUb2El" style="text-align: right" title="Personnel">25,449,100</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_984_eus-gaap--SalariesAndWages_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--CemeteryAndMortuaryMember_pp0p0" style="text-align: right" title="Personnel">5,669,367</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_983_eus-gaap--SalariesAndWages_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--MortgageMember_pp0p0" style="text-align: right" title="Personnel">53,871,504</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_982_eus-gaap--SalariesAndWages_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--IntercompanyEliminationsMember_pp0p0" style="text-align: right" title="Personnel"><span style="-sec-ix-hidden: xdx2ixbrl3554">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_980_eus-gaap--SalariesAndWages_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--ConsolidatedMember_pp0p0" style="text-align: right" title="Personnel">84,989,971</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-left: 10pt">Advertising</td><td> </td> <td style="text-align: left"> </td><td id="xdx_989_eus-gaap--AdvertisingExpense_pp0p0_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--LifeInsuranceSegmentsMember_zFIMKRA7x5Fh" style="text-align: right" title="Advertising">614,114</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_989_eus-gaap--AdvertisingExpense_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--CemeteryAndMortuaryMember_pp0p0" style="text-align: right" title="Advertising">391,836</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_982_eus-gaap--AdvertisingExpense_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--MortgageMember_pp0p0" style="text-align: right" title="Advertising">4,374,946</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_987_eus-gaap--AdvertisingExpense_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--IntercompanyEliminationsMember_pp0p0" style="text-align: right" title="Advertising"><span style="-sec-ix-hidden: xdx2ixbrl3564">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98E_eus-gaap--AdvertisingExpense_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--ConsolidatedMember_pp0p0" style="text-align: right" title="Advertising">5,380,896</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">Rent and rent related</td><td> </td> <td style="text-align: left"> </td><td id="xdx_982_ecustom--RentAndRentRelated_pp0p0_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--LifeInsuranceSegmentsMember_ze2ypBPxembd" style="text-align: right" title="Rent and rent related">861,602</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98B_ecustom--RentAndRentRelated_pp0p0_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--CemeteryAndMortuaryMember_zi2ahGFmvjHk" style="text-align: right" title="Rent and rent related">89,253</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98A_ecustom--RentAndRentRelated_pp0p0_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--MortgageMember_z50hHFPpRV6c" style="text-align: right" title="Rent and rent related">5,922,706</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_988_ecustom--RentAndRentRelated_pp0p0_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--IntercompanyEliminationsMember_zYVdnQyCvKh3" style="text-align: right" title="Rent and rent related"><span style="-sec-ix-hidden: xdx2ixbrl3574">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_984_ecustom--RentAndRentRelated_pp0p0_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--ConsolidatedMember_z2s2gelzyZek" style="text-align: right" title="Rent and rent related">6,873,561</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-left: 10pt; text-align: left">Depreciation on property and equipment</td><td> </td> <td style="text-align: left"> </td><td id="xdx_984_eus-gaap--AccumulatedDepreciationDepletionAndAmortizationReclassificationsFromPropertyPlantAndEquipment1_pp0p0_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--LifeInsuranceSegmentsMember_zI6Fsjz7Pj9c" style="text-align: right" title="Depreciation on property and equipment">843,335</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_980_eus-gaap--AccumulatedDepreciationDepletionAndAmortizationReclassificationsFromPropertyPlantAndEquipment1_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--CemeteryAndMortuaryMember_pp0p0" style="text-align: right" title="Depreciation on property and equipment">488,570</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_980_eus-gaap--AccumulatedDepreciationDepletionAndAmortizationReclassificationsFromPropertyPlantAndEquipment1_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--MortgageMember_pp0p0" style="text-align: right" title="Depreciation on property and equipment">746,833</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98E_eus-gaap--AccumulatedDepreciationDepletionAndAmortizationReclassificationsFromPropertyPlantAndEquipment1_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--IntercompanyEliminationsMember_pp0p0" style="text-align: right" title="Depreciation on property and equipment"><span style="-sec-ix-hidden: xdx2ixbrl3584">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98B_eus-gaap--AccumulatedDepreciationDepletionAndAmortizationReclassificationsFromPropertyPlantAndEquipment1_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--ConsolidatedMember_pp0p0" style="text-align: right" title="Depreciation on property and equipment">2,078,738</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">Provision for loan loss reserve</td><td> </td> <td style="text-align: left"> </td><td id="xdx_984_ecustom--ProvisionForLoanLossReserves_pp0p0_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--LifeInsuranceSegmentsMember_zQwvqz9IfWs6" style="text-align: right" title="Provision for loan loss reserve"><span style="-sec-ix-hidden: xdx2ixbrl3588">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98C_ecustom--ProvisionForLoanLossReserves_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--CemeteryAndMortuaryMember_pp0p0" style="text-align: right" title="Provision for loan loss reserve"><span style="-sec-ix-hidden: xdx2ixbrl3590">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98E_ecustom--ProvisionForLoanLossReserves_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--MortgageMember_pp0p0" style="text-align: right" title="Provision for loan loss reserve">16,506,030</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98C_ecustom--ProvisionForLoanLossReserves_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--IntercompanyEliminationsMember_pp0p0" style="text-align: right" title="Provision for loan loss reserve"><span style="-sec-ix-hidden: xdx2ixbrl3594">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_984_ecustom--ProvisionForLoanLossReserves_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--ConsolidatedMember_pp0p0" style="text-align: right" title="Provision for loan loss reserve">16,506,030</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-left: 10pt; text-align: left">Cost related to funding mortgage loans</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98D_ecustom--CostOfFundingMortgageLoans_pp0p0_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--LifeInsuranceSegmentsMember_ztW0g4WQvD47" style="text-align: right" title="Costs related to funding mortgage loans"><span style="-sec-ix-hidden: xdx2ixbrl3598">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_985_ecustom--CostOfFundingMortgageLoans_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--CemeteryAndMortuaryMember_pp0p0" style="text-align: right" title="Costs related to funding mortgage loans"><span style="-sec-ix-hidden: xdx2ixbrl3600">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98B_ecustom--CostOfFundingMortgageLoans_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--MortgageMember_pp0p0" style="text-align: right" title="Costs related to funding mortgage loans">9,877,700</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_981_ecustom--CostOfFundingMortgageLoans_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--IntercompanyEliminationsMember_pp0p0" style="text-align: right" title="Costs related to funding mortgage loans"><span style="-sec-ix-hidden: xdx2ixbrl3604">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_983_ecustom--CostOfFundingMortgageLoans_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--ConsolidatedMember_pp0p0" style="text-align: right" title="Costs related to funding mortgage loans">9,877,700</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 10pt">Intersegment</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98B_ecustom--AdministrativeCostsIntersegment_pp0p0_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--LifeInsuranceSegmentsMember_zyP9lM35GYA" style="text-align: right" title="Intersegment">621,161</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_987_ecustom--AdministrativeCostsIntersegment_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--CemeteryAndMortuaryMember_pp0p0" style="text-align: right" title="Intersegment">142,999</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_988_ecustom--AdministrativeCostsIntersegment_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--MortgageMember_pp0p0" style="text-align: right" title="Intersegment">580,976</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98D_ecustom--AdministrativeCostsIntersegment_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--IntercompanyEliminationsMember_pp0p0" style="text-align: right" title="Intersegment">(1,345,136</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td id="xdx_985_ecustom--AdministrativeCostsIntersegment_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--ConsolidatedMember_pp0p0" style="text-align: right" title="Intersegment"><span style="-sec-ix-hidden: xdx2ixbrl3616">-</span></td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-left: 10pt">Other</td><td> </td> <td style="text-align: left"> </td><td id="xdx_981_eus-gaap--OtherGeneralExpense_pp0p0_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--LifeInsuranceSegmentsMember_zBrdfXxZkgbb" style="text-align: right" title="Other">11,808,818</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_986_eus-gaap--OtherGeneralExpense_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--CemeteryAndMortuaryMember_pp0p0" style="text-align: right" title="Other">4,417,805</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98E_eus-gaap--OtherGeneralExpense_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--MortgageMember_pp0p0" style="text-align: right" title="Other">31,104,479</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98C_eus-gaap--OtherGeneralExpense_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--IntercompanyEliminationsMember_pp0p0" style="text-align: right" title="Other"><span style="-sec-ix-hidden: xdx2ixbrl3624">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_983_eus-gaap--OtherGeneralExpense_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--ConsolidatedMember_pp0p0" style="text-align: right" title="Other">47,331,102</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Interest expense:</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="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">Intersegment</td><td> </td> <td style="text-align: left"> </td><td id="xdx_983_ecustom--InterestExpenseIntersegment_pp0p0_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--LifeInsuranceSegmentsMember_zDaqYBvowvG7" style="text-align: right" title="Intersegment">410,024</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_986_ecustom--InterestExpenseIntersegment_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--CemeteryAndMortuaryMember_pp0p0" style="text-align: right" title="Intersegment">152,175</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_985_ecustom--InterestExpenseIntersegment_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--MortgageMember_pp0p0" style="text-align: right" title="Intersegment">7,182,913</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_986_ecustom--InterestExpenseIntersegment_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--IntercompanyEliminationsMember_pp0p0" style="text-align: right" title="Intersegment">(7,745,112</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td id="xdx_984_ecustom--InterestExpenseIntersegment_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--ConsolidatedMember_pp0p0" style="text-align: right" title="Intersegment"><span style="-sec-ix-hidden: xdx2ixbrl3636">-</span></td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 10pt">Other</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98F_eus-gaap--InterestExpenseOther_pp0p0_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--LifeInsuranceSegmentsMember_zLtqqYAQNOl4" style="text-align: right" title="Other">2,354,760</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98F_eus-gaap--InterestExpenseOther_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--CemeteryAndMortuaryMember_pp0p0" style="text-align: right" title="Other">198,968</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_984_eus-gaap--InterestExpenseOther_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--MortgageMember_pp0p0" style="text-align: right" title="Other">6,025,082</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_983_eus-gaap--InterestExpenseOther_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--IntercompanyEliminationsMember_pp0p0" style="text-align: right" title="Other"><span style="-sec-ix-hidden: xdx2ixbrl3644">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98A_eus-gaap--InterestExpenseOther_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--ConsolidatedMember_pp0p0" style="text-align: right" title="Other">8,578,810</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 1pt">Costs of goods and services sold-mortuaries and cemeteries</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98E_eus-gaap--CostOfGoodsAndServicesSold_pp0p0_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--LifeInsuranceSegmentsMember_zHiUpZ8m4GS6" style="border-bottom: Black 1pt solid; text-align: right" title="Cost of goods and services sold - cemeteries and mortuaries"><span style="-sec-ix-hidden: xdx2ixbrl3648">-</span></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--CostOfGoodsAndServicesSold_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--CemeteryAndMortuaryMember_pp0p0" style="border-bottom: Black 1pt solid; text-align: right" title="Cost of goods and services sold - cemeteries and mortuaries">3,252,655</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--CostOfGoodsAndServicesSold_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--MortgageMember_pp0p0" style="border-bottom: Black 1pt solid; text-align: right" title="Cost of goods and services sold - cemeteries and mortuaries"><span style="-sec-ix-hidden: xdx2ixbrl3652">-</span></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_98B_eus-gaap--CostOfGoodsAndServicesSold_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--IntercompanyEliminationsMember_pp0p0" style="border-bottom: Black 1pt solid; text-align: right" title="Cost of goods and services sold - cemeteries and mortuaries"><span style="-sec-ix-hidden: xdx2ixbrl3654">-</span></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--CostOfGoodsAndServicesSold_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--ConsolidatedMember_pp0p0" style="border-bottom: Black 1pt solid; text-align: right" title="Cost of goods and services sold - cemeteries and mortuaries">3,252,655</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; padding-bottom: 1pt">Total benefits and expenses</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_988_ecustom--BenefitsAndExpenses_pp0p0_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--LifeInsuranceSegmentsMember_zpgW0hknJSM9" style="border-bottom: Black 1pt solid; text-align: right" title="Total benefits and expenses">147,140,369</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_ecustom--BenefitsAndExpenses_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--CemeteryAndMortuaryMember_pp0p0" style="border-bottom: Black 1pt solid; text-align: right" title="Total benefits and expenses">16,999,169</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_ecustom--BenefitsAndExpenses_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--MortgageMember_pp0p0" style="border-bottom: Black 1pt solid; text-align: right" title="Total benefits and expenses">254,963,905</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_ecustom--BenefitsAndExpenses_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--IntercompanyEliminationsMember_pp0p0" style="border-bottom: Black 1pt solid; text-align: right" title="Total benefits and expenses">(9,090,248</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_ecustom--BenefitsAndExpenses_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--ConsolidatedMember_pp0p0" style="border-bottom: Black 1pt solid; text-align: right" title="Total benefits and expenses">410,013,195</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 1pt">Earnings before income taxes</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left">$</td><td id="xdx_98A_eus-gaap--IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_pp0p0_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--LifeInsuranceSegmentsMember_z5M19T8PUBn4" style="border-bottom: Black 1pt solid; text-align: right" title="Earnings before income taxes">11,923,388</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">$</td><td id="xdx_985_eus-gaap--IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--CemeteryAndMortuaryMember_pp0p0" style="border-bottom: Black 1pt solid; text-align: right" title="Earnings before income taxes">4,399,163</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left">$</td><td id="xdx_987_eus-gaap--IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--MortgageMember_pp0p0" style="border-bottom: Black 1pt solid; text-align: right" title="Earnings before income taxes">55,127,576</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">$</td><td id="xdx_988_eus-gaap--IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--IntercompanyEliminationsMember_pp0p0" style="border-bottom: Black 1pt solid; text-align: right" title="Earnings before income taxes"><span style="-sec-ix-hidden: xdx2ixbrl3674">-</span></td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left">$</td><td id="xdx_989_eus-gaap--IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--ConsolidatedMember_pp0p0" style="border-bottom: Black 1pt solid; text-align: right" title="Earnings before income taxes">71,450,127</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; padding-bottom: 1pt">Income tax benefit (expense)</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_985_eus-gaap--IncomeTaxExpenseBenefit_pp0p0_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--LifeInsuranceSegmentsMember_zjEzPxHamQG3" style="border-bottom: Black 1pt solid; text-align: right" title="Income tax benefit (expense)">(1,433,901</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--IncomeTaxExpenseBenefit_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--CemeteryAndMortuaryMember_pp0p0" style="border-bottom: Black 1pt solid; text-align: right" title="Income tax benefit (expense)">(1,009,137</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--IncomeTaxExpenseBenefit_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--MortgageMember_pp0p0" style="border-bottom: Black 1pt solid; text-align: right" title="Income tax benefit (expense)">(13,410,476</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--IncomeTaxExpenseBenefit_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--IntercompanyEliminationsMember_pp0p0" style="border-bottom: Black 1pt solid; text-align: right" title="Income tax benefit (expense)"><span style="-sec-ix-hidden: xdx2ixbrl3684">-</span></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--IncomeTaxExpenseBenefit_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--ConsolidatedMember_pp0p0" style="border-bottom: Black 1pt solid; text-align: right" title="Income tax benefit (expense)">(15,853,514</td><td style="padding-bottom: 1pt; text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 2.5pt">Net earnings</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98E_eus-gaap--NetIncomeLoss_pp0p0_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--LifeInsuranceSegmentsMember_ztuKzRdZiFUe" style="border-bottom: Black 2.5pt double; text-align: right" title="Net Earnings (Loss)">10,489,487</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98E_eus-gaap--NetIncomeLoss_pp0p0_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--CemeteryAndMortuaryMember_zA0QFUZ7yMT1" style="border-bottom: Black 2.5pt double; text-align: right" title="Net Earnings (Loss)">3,390,026</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98F_eus-gaap--NetIncomeLoss_pp0p0_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--MortgageMember_zLEx0BgSwbK" style="border-bottom: Black 2.5pt double; text-align: right" title="Net Earnings (Loss)">41,717,100</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98B_eus-gaap--NetIncomeLoss_pp0p0_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--IntercompanyEliminationsMember_zIK125eWmkS4" style="border-bottom: Black 2.5pt double; text-align: right" title="Net Earnings (Loss)"><span style="-sec-ix-hidden: xdx2ixbrl3694">-</span></td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_983_eus-gaap--NetIncomeLoss_pp0p0_c20200101__20201231__us-gaap--StatementBusinessSegmentsAxis__custom--ConsolidatedMember_z9c6rhEjqNU3" style="border-bottom: Black 2.5pt double; text-align: right" title="Net Earnings (Loss)">55,596,613</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 2.5pt">Identifiable assets</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right"><p id="xdx_981_ecustom--IdentifiableAssets_iI_pp0p0_c20201231__us-gaap--StatementBusinessSegmentsAxis__custom--LifeInsuranceSegmentsMember_zA6d3KArdOM9" style="font: 10pt/107% Times New Roman, Times, Serif; margin: 0" title="Identifiable Assets">1,171,158,235</p></td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_982_ecustom--IdentifiableAssets_c20201231__us-gaap--StatementBusinessSegmentsAxis__custom--CemeteryAndMortuaryMember_pp0p0" style="border-bottom: Black 2.5pt double; text-align: right" title="Identifiable Assets">56,335,498</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_989_ecustom--IdentifiableAssets_c20201231__us-gaap--StatementBusinessSegmentsAxis__custom--MortgageMember_pp0p0" style="border-bottom: Black 2.5pt double; text-align: right" title="Identifiable Assets">408,325,196</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_989_ecustom--IdentifiableAssets_c20201231__us-gaap--StatementBusinessSegmentsAxis__custom--IntercompanyEliminationsMember_pp0p0" style="border-bottom: Black 2.5pt double; text-align: right" title="Identifiable Assets">(90,398,039</td><td style="padding-bottom: 2.5pt; text-align: left">)</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right"><p id="xdx_989_ecustom--IdentifiableAssets_c20201231__us-gaap--StatementBusinessSegmentsAxis__custom--ConsolidatedMember_pp0p0" style="font: 10pt/107% Times New Roman, Times, Serif; margin: 0" title="Identifiable Assets">1,545,420,890</p></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="padding-bottom: 2.5pt">Goodwill</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_988_eus-gaap--Goodwill_iI_pp0p0_c20201231__us-gaap--StatementBusinessSegmentsAxis__custom--LifeInsuranceSegmentsMember_zHr9sd1Kqcfe" style="border-bottom: Black 2.5pt double; text-align: right" title="Goodwill">2,765,570</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_983_eus-gaap--Goodwill_c20201231__us-gaap--StatementBusinessSegmentsAxis__custom--CemeteryAndMortuaryMember_pp0p0" style="border-bottom: Black 2.5pt double; text-align: right" title="Goodwill">754,018</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">$</td><td id="xdx_984_eus-gaap--Goodwill_c20201231__us-gaap--StatementBusinessSegmentsAxis__custom--MortgageMember_pp0p0" style="border-bottom: Black 2.5pt double; text-align: right" title="Goodwill"><span style="-sec-ix-hidden: xdx2ixbrl3712">-</span></td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98B_eus-gaap--Goodwill_c20201231__us-gaap--StatementBusinessSegmentsAxis__custom--IntercompanyEliminationsMember_pp0p0" style="border-bottom: Black 2.5pt double; text-align: right" title="Goodwill"><span style="-sec-ix-hidden: xdx2ixbrl3714">-</span></td><td style="padding-bottom: 2.5pt; 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--Goodwill_c20201231__us-gaap--StatementBusinessSegmentsAxis__custom--ConsolidatedMember_pp0p0" style="border-bottom: Black 2.5pt double; text-align: right" title="Goodwill">3,519,588</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> 100254573 23997313 263418230 387670116 56091725 1653940 519018 58264683 4554528 1511965 198641 6265134 39502 39502 2152531 100255 16282325 18535111 7569875 314001 599115 -8482991 170583730 27577474 281017329 -8482991 470695542 67218455 67218455 26263312 26263312 15611374 531596 16142970 3514498 1917899 112854072 118286469 25009096 6850617 68880448 100740161 1160640 570924 4894854 6626418 733726 109318 6399243 7242287 806543 479005 650065 1935613 10541570 10541570 497113 113062 671107 -1281282 12075374 5224178 35766430 53065982 392003 97195 6712511 -7201709 2328868 54620 4744028 7127516 3704014 3704014 155611002 19652428 252114328 -8482991 418894767 14972728 7925046 28903001 51800775 -2943715 -1975787 -7362283 -12281785 12029013 5949259 21540718 39518990 1236406557 73432116 328600841 -96099992 1542339522 2765570 2488213 5253783 93020617 20307435 298933110 412261162 54811486 807695 710622 56329803 2088541 -162652 -39 1925850 370975 370975 1491585 94349 9731548 11317482 8022503 351505 716240 -9090248 159063757 21398332 310091481 -9090248 481463322 62841360 62841360 23568650 23568650 13618204 689221 14307425 4149241 1506320 118770736 124426297 25449100 5669367 53871504 84989971 614114 391836 4374946 5380896 861602 89253 5922706 6873561 843335 488570 746833 2078738 16506030 16506030 9877700 9877700 621161 142999 580976 -1345136 11808818 4417805 31104479 47331102 410024 152175 7182913 -7745112 2354760 198968 6025082 8578810 3252655 3252655 147140369 16999169 254963905 -9090248 410013195 11923388 4399163 55127576 71450127 -1433901 -1009137 -13410476 -15853514 10489487 3390026 41717100 55596613 1171158235 56335498 408325196 -90398039 1545420890 2765570 754018 3519588 <p id="xdx_807_eus-gaap--RelatedPartyTransactionsDisclosureTextBlock_z90OhOX5RGM9" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">16) <span style="text-decoration: underline"><span id="xdx_825_zdIxl1gVEUn6">Related Party Transactions</span></span></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Company’s Board of Directors has a written procedure, which requires disclosure to the Board of any material interest or any affiliation on the part of any of its officers, directors or employees that is in conflict or may be in conflict with the interests of the Company. The Company and its Board of Directors is unaware of any related party transactions that require disclosure as of December 31, 2021.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p id="xdx_808_eus-gaap--FairValueDisclosuresTextBlock_z0h2IzosR9zi" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">17) <span style="text-decoration: underline"><span id="xdx_822_zkEdtfEAJi46">Fair Value of Financial Instruments</span></span></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">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:</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><i>Level 1: </i>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.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 24pt; text-align: justify; text-indent: -24pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 24pt; text-align: justify; text-indent: -24pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><i>Level 2: </i>Financial assets and financial liabilities whose values are based on the following:</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 24pt; text-align: justify; text-indent: -24pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5in; text-align: justify; text-indent: 6pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">a) Quoted prices for similar assets or liabilities in active markets;</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.75in; text-align: justify; text-indent: -12pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">b) Quoted prices for identical or similar assets or liabilities in non-active markets; or</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.75in; text-align: justify; text-indent: -12pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">c) Valuation models whose inputs are observable, directly or indirectly, for substantially the full term of the asset or liability.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.75in; text-align: justify; text-indent: -12pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><i>Level 3: </i>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.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; background-color: white">The Company utilizes a combination of third-party valuation service providers, brokers, and internal valuation models to determine fair value.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The following methods and assumptions were used by the Company in estimating the fair value disclosures related to significant financial instruments:</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The items shown under Level 1 and Level 2 are valued as follows:</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><i> </i></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><i><span style="text-decoration: underline">Fixed Maturity Securities Available for Sale</span>: </i>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 investments), are estimated by discounting expected future cash flows using a current market value applicable to the coupon rate, credit and maturity of the investments.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><i><span style="text-decoration: underline">Equity Securities</span>: </i>The fair values for equity securities are based on quoted market prices.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><i><span style="text-decoration: underline">Loans Held for Sale</span>: </i>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.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><i> </i></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">SECURITY NATIONAL FINANCIAL CORPORATION</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">AND SUBSIDIARIES</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Notes to Consolidated Financial Statements</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Years Ended December 31, 2021 and 2020</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><i> </i></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">17) <span style="text-decoration: underline">Fair Value of Financial Instruments (Continued)</span></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><i> </i></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><i><span style="text-decoration: underline">Restricted Assets</span>:</i> A portion of these assets include mutual funds, equity securities and fixed maturity securities available for sale 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 consolidated balance sheets for these financial instruments approximate their fair values due to their short-term nature.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><i><span style="text-decoration: underline">Cemetery Perpetual Care Trust Investments</span>:</i> A portion of these assets include equity securities and fixed maturity securities available for sale 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 consolidated balance sheets for these financial instruments approximate their fair values due to their short-term nature</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><i><span style="text-decoration: underline">Call and Put Options</span>:</i> The Company uses quoted market prices to value its call and put options.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Additionally, there were no transfers between Level 1 and Level 2 in the fair value hierarchy.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The items shown under Level 3 are valued as follows:</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><i><span style="text-decoration: underline">Loan Commitments and Forward Sale Commitments</span></i>: The Company’s mortgage segment enters into loan commitments with potential borrowers and forward sale commitments to sell loans to 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.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">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.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><i><span style="text-decoration: underline">Impaired Mortgage Loans Held for Investment</span>: </i>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 area comparables and property condition as well as 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.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><i><span style="text-decoration: underline">Impaired Real Estate Held for Investment</span></i>: 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.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">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 used 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.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">SECURITY NATIONAL FINANCIAL CORPORATION</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">AND SUBSIDIARIES</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Notes to Consolidated Financial Statements</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Years Ended December 31, 2021 and 2020</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><i> </i></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">17) <span style="text-decoration: underline">Fair Value of Financial Instruments (Continued)</span></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">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.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><i><span style="text-decoration: underline">Mortgage Servicing Rights</span></i>: The Company initially recognizes 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.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p id="xdx_898_eus-gaap--ScheduleOfFairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisTableTextBlock_zaTWGBgDILd5" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The following table summarizes Level 1, 2 and 3 financial assets and financial liabilities measured at fair value on a recurring basis by their classification in the consolidated balance sheet at December 31, 2021.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span id="xdx_8B4_zQjDY1bIZDV3" style="display: none">Schedule of Fair Value Assets and Liabilities Measured on a Recurring Basis</span><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <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">Total</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"><p style="margin-top: 0; margin-bottom: 0">Quoted Prices in Active Markets for Identical Assets</p> <p style="margin-top: 0; margin-bottom: 0">(Level 1)</p></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"><p style="margin-top: 0; margin-bottom: 0">Significant Observable Inputs</p> <p style="margin-top: 0; margin-bottom: 0">(Level 2)</p></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"><p style="margin-top: 0; margin-bottom: 0">Significant Unobservable Inputs</p> <p style="margin-top: 0; margin-bottom: 0">(Level 3)</p></td><td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left"><p style="margin-top: 0; margin-bottom: 0">Assets accounted for at fair value on a</p> <p style="margin-top: 0; margin-bottom: 0">recurring basis</p></td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="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: 36%; text-align: left">Fixed maturity securities available for sale</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_98C_eus-gaap--AvailableForSaleSecuritiesDebtSecuritiesCurrent_iI_pp0p0_c20211231_zSAkPc3EReV8" style="width: 12%; text-align: right" title="Fixed maturity securities available for sale">259,287,603</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_989_eus-gaap--AvailableForSaleSecuritiesDebtSecuritiesCurrent_iI_pp0p0_c20211231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member_zUbtiP3XojD6" style="width: 12%; text-align: right" title="Fixed maturity securities available for sale"><span style="-sec-ix-hidden: xdx2ixbrl3726">-</span></td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_98F_eus-gaap--AvailableForSaleSecuritiesDebtSecuritiesCurrent_iI_pp0p0_c20211231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member_zebgBxDIYSye" style="width: 12%; text-align: right" title="Fixed maturity securities available for sale">257,264,255</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_pp0p0_c20211231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member_zXMhRVxXEV4" style="width: 12%; text-align: right" title="Fixed maturity securities available for sale">2,023,348</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">Equity securities</td><td> </td> <td style="text-align: left"> </td><td id="xdx_989_ecustom--AvailableForSaleEquitySecurities_iI_pp0p0_c20211231_zWLFcTI6HUYe" style="text-align: right" title="Equity securities">11,596,414</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98C_ecustom--AvailableForSaleEquitySecurities_iI_pp0p0_c20211231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member_zNFSk4tLOYwi" style="text-align: right" title="Equity securities">11,596,414</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98D_ecustom--AvailableForSaleEquitySecurities_iI_pp0p0_c20211231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member_zxL3Ygyz4hV2" style="text-align: right" title="Equity securities"><span style="-sec-ix-hidden: xdx2ixbrl3736">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_984_ecustom--AvailableForSaleEquitySecurities_iI_pp0p0_c20211231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member_zoyKGe58eZNl" style="text-align: right" title="Equity securities"><span style="-sec-ix-hidden: xdx2ixbrl3738">-</span></td><td style="text-align: left"> </td></tr> <tr 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 id="xdx_985_eus-gaap--LoansHeldForSaleFairValueDisclosure_iI_pp0p0_c20211231_zsw0Pv6sjiD7" style="text-align: right" title="Loans held for sale">302,776,827</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_980_eus-gaap--LoansHeldForSaleFairValueDisclosure_iI_pp0p0_c20211231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member_zQD1Eb5FUcrf" style="text-align: right" title="Loans held for sale"><span style="-sec-ix-hidden: xdx2ixbrl3742">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_985_eus-gaap--LoansHeldForSaleFairValueDisclosure_iI_pp0p0_c20211231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member_zYZ4r6BxkPT" style="text-align: right" title="Loans held for sale"><span style="-sec-ix-hidden: xdx2ixbrl3744">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_984_eus-gaap--LoansHeldForSaleFairValueDisclosure_iI_pp0p0_c20211231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member_zzaFck8kToXf" style="text-align: right" title="Loans held for sale">302,776,827</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td id="xdx_F43_ziuL9L1GQAcd" style="text-align: left">Restricted assets (1)</td><td> </td> <td style="text-align: left"> </td><td id="xdx_984_ecustom--RestrictedAssetsOfCemeteriesAndMortuaries_iI_pp0p0_c20211231_fKDEp_zZsraIHZ6A4b" style="text-align: right" title="Restricted assets">1,601,688</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_987_ecustom--RestrictedAssetsOfCemeteriesAndMortuaries_iI_pp0p0_c20211231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member_fKDEp_zDCEt6MCmGS5" style="text-align: right" title="Restricted assets"><span style="-sec-ix-hidden: xdx2ixbrl3750">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_986_ecustom--RestrictedAssetsOfCemeteriesAndMortuaries_iI_pp0p0_c20211231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member_fKDEp_zvgGzhkfkcr5" style="text-align: right" title="Restricted assets">1,601,688</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_985_ecustom--RestrictedAssetsOfCemeteriesAndMortuaries_iI_pp0p0_c20211231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member_fKDEp_zgxfMkcotkol" style="text-align: right" title="Restricted assets"><span style="-sec-ix-hidden: xdx2ixbrl3754">-</span></td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td id="xdx_F48_zaYbRzJyDYWd" style="text-align: left">Restricted assets (2)</td><td> </td> <td style="text-align: left"> </td><td id="xdx_986_ecustom--RestrictedAssetsOfCemeteriesAndMortuaries1_iI_pp0p0_c20211231_fKDIp_zD8LTG2n2f7h" style="text-align: right" title="Restricted assets">3,603,822</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_982_ecustom--RestrictedAssetsOfCemeteriesAndMortuaries1_iI_pp0p0_c20211231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member_fKDIp_zMgc4tqKpITe" style="text-align: right" title="Restricted assets">3,603,822</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_985_ecustom--RestrictedAssetsOfCemeteriesAndMortuaries1_iI_pp0p0_c20211231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member_fKDIp_zyu5p1ACBe5a" style="text-align: right" title="Restricted assets"><span style="-sec-ix-hidden: xdx2ixbrl3760">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_981_ecustom--RestrictedAssetsOfCemeteriesAndMortuaries1_iI_pp0p0_c20211231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member_fKDIp_zBLuvpmJ9Jsc" style="text-align: right" title="Restricted assets"><span style="-sec-ix-hidden: xdx2ixbrl3762">-</span></td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td id="xdx_F47_zQU2QUixb7oj" style="text-align: left">Cemetery perpetual care trust investments (1)</td><td> </td> <td style="text-align: left"> </td><td id="xdx_983_ecustom--CemeteryPerpetualCareTrustInvestments1_iI_pp0p0_c20211231_fKDEp_z5lvyhewi2w2" style="text-align: right" title="Cemetery perpetual care trust investments">784,765</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98A_ecustom--CemeteryPerpetualCareTrustInvestments1_iI_pp0p0_c20211231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member_fKDEp_zHoTVOP9gsCd" style="text-align: right" title="Cemetery perpetual care trust investments"><span style="-sec-ix-hidden: xdx2ixbrl3766">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_989_ecustom--CemeteryPerpetualCareTrustInvestments1_iI_pp0p0_c20211231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member_fKDEp_zZdHVZsJgFab" style="text-align: right" title="Cemetery perpetual care trust investments">784,765</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_987_ecustom--CemeteryPerpetualCareTrustInvestments1_iI_pp0p0_c20211231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member_fKDEp_zbexFLoRbWHl" style="text-align: right" title="Cemetery perpetual care trust investments"><span style="-sec-ix-hidden: xdx2ixbrl3770">-</span></td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td id="xdx_F43_zWFjN67pxyb7" style="text-align: left">Cemetery perpetual care trust investments (2)</td><td> </td> <td style="text-align: left"> </td><td id="xdx_988_ecustom--CemeteryPerpetualCareTrustInvestments2_iI_pp0p0_c20211231_fKDIp_zjH6dNQAS4Ci" style="text-align: right" title="Cemetery perpetual care trust investments">3,302,480</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_983_ecustom--CemeteryPerpetualCareTrustInvestments2_iI_pp0p0_c20211231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member_fKDIp_z95vBLWpd4Ue" style="text-align: right" title="Cemetery perpetual care trust investments">3,302,480</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_987_ecustom--CemeteryPerpetualCareTrustInvestments2_iI_pp0p0_c20211231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member_fKDIp_zsp2E8e8Z1Q7" style="text-align: right" title="Cemetery perpetual care trust investments"><span style="-sec-ix-hidden: xdx2ixbrl3776">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98D_ecustom--CemeteryPerpetualCareTrustInvestments2_iI_pp0p0_c20211231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member_fKDIp_zgTc7WYzrQrc" style="text-align: right" title="Cemetery perpetual care trust investments"><span style="-sec-ix-hidden: xdx2ixbrl3778">-</span></td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td id="xdx_F46_zklHqDVIAIXl" 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 id="xdx_984_ecustom--DerivativesInterestRateLockCommitments_iI_pp0p0_c20211231_fKDMp_z9fepfbPK4Wj" style="border-bottom: Black 1pt solid; text-align: right" title="Derivatives - loan commitments">8,563,410</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_ecustom--DerivativesInterestRateLockCommitments_iI_pp0p0_c20211231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member_fKDMp_zJIJ4OG3drG6" style="border-bottom: Black 1pt solid; text-align: right" title="Derivatives - loan commitments"><span style="-sec-ix-hidden: xdx2ixbrl3782">-</span></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_ecustom--DerivativesInterestRateLockCommitments_iI_pp0p0_c20211231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member_fKDMp_z8OKUfmGPU67" style="border-bottom: Black 1pt solid; text-align: right" title="Derivatives - loan commitments"><span style="-sec-ix-hidden: xdx2ixbrl3784">-</span></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_ecustom--DerivativesInterestRateLockCommitments_iI_pp0p0_c20211231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member_fKDMp_zD635xKVEr04" style="border-bottom: Black 1pt solid; text-align: right" title="Derivatives - loan commitments">8,563,410</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 2.5pt"><p style="margin-top: 0; margin-bottom: 0">Total assets accounted for at fair value on a</p> <p style="margin-top: 0; margin-bottom: 0">recurring basis</p></td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_982_ecustom--AssetsFairValueDisclosureRecurring1_iI_pp0p0_c20211231_zegFF2teeL9" style="border-bottom: Black 2.5pt double; text-align: right" title="Total assets accounted for at fair value on a recurring basis">591,517,009</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_984_ecustom--AssetsFairValueDisclosureRecurring1_iI_pp0p0_c20211231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member_zDyYILkWiys7" style="border-bottom: Black 2.5pt double; text-align: right" title="Total assets accounted for at fair value on a recurring basis">18,502,716</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_983_ecustom--AssetsFairValueDisclosureRecurring1_iI_pp0p0_c20211231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member_z0Rqs71P5jIc" style="border-bottom: Black 2.5pt double; text-align: right" title="Total assets accounted for at fair value on a recurring basis">259,650,708</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98D_ecustom--AssetsFairValueDisclosureRecurring1_iI_pp0p0_c20211231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member_z9H60Wwqylne" style="border-bottom: Black 2.5pt double; text-align: right" title="Total assets accounted for at fair value on a recurring basis">313,363,585</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left"><p style="margin-top: 0; margin-bottom: 0">Liabilities accounted for at fair value on a</p> <p style="margin-top: 0; margin-bottom: 0">recurring basis</p></td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td id="xdx_F4C_zLNTPReei6Ff" style="text-align: left">Derivatives - call options (4)</td><td> </td> <td style="text-align: left">$</td><td id="xdx_98F_ecustom--DerivativesBankLoanInterestRateSwapsCallOptions_iI_pp0p0_c20211231_fKDQp_zZ89Cyrza2Mf" style="text-align: right" title="Derivatives - call options">(50,936</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left">$</td><td id="xdx_988_ecustom--DerivativesBankLoanInterestRateSwapsCallOptions_iI_pp0p0_c20211231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member_fKDQp_zaBnncTtQgrk" style="text-align: right" title="Derivatives - call options">(50,936</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left">$</td><td id="xdx_98C_ecustom--DerivativesBankLoanInterestRateSwapsCallOptions_iI_pp0p0_c20211231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member_fKDQp_zxZZNhVVgWi" style="text-align: right" title="Derivatives - call options"><span style="-sec-ix-hidden: xdx2ixbrl3800">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td id="xdx_98E_ecustom--DerivativesBankLoanInterestRateSwapsCallOptions_iI_pp0p0_c20211231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member_fKDQp_zjPeb55xPYs7" style="text-align: right" title="Derivatives - call options"><span style="-sec-ix-hidden: xdx2ixbrl3802">-</span></td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td id="xdx_F4C_z939ngD0HnG1" style="text-align: left">Derivatives - put options (4)</td><td> </td> <td style="text-align: left"> </td><td id="xdx_980_ecustom--DerivativesBankLoanInterestRateSwapsPutOptions_iI_pp0p0_c20211231_fKDQp_z2fC8POUGnZ9" style="text-align: right" title="Derivatives - put options">(4,493</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td id="xdx_983_ecustom--DerivativesBankLoanInterestRateSwapsPutOptions_iI_pp0p0_c20211231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member_fKDQp_zadIpPnITzsl" style="text-align: right" title="Derivatives - put options">(4,493</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td id="xdx_988_ecustom--DerivativesBankLoanInterestRateSwapsPutOptions_iI_pp0p0_c20211231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member_fKDQp_zFvjWhH5AE12" style="text-align: right" title="Derivatives - put options"><span style="-sec-ix-hidden: xdx2ixbrl3808">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_989_ecustom--DerivativesBankLoanInterestRateSwapsPutOptions_iI_pp0p0_c20211231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member_fKDQp_z3U0St8Cqi51" style="text-align: right" title="Derivatives - put options"><span style="-sec-ix-hidden: xdx2ixbrl3810">-</span></td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td id="xdx_F49_zd1luNdf3nRc" 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 id="xdx_985_ecustom--DerivativesBankLoanInterestRateSwapsInterestRateLockCommitments_iI_pp0p0_c20211231_fKDQp_zGuKXyqQGl5k" style="border-bottom: Black 1pt solid; text-align: right" title="Derivatives - loan commitments">(1,547,895</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_ecustom--DerivativesBankLoanInterestRateSwapsInterestRateLockCommitments_iI_pp0p0_c20211231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member_fKDQp_zDyVY5FpMERg" style="border-bottom: Black 1pt solid; text-align: right" title="Derivatives - loan commitments"><span style="-sec-ix-hidden: xdx2ixbrl3814">-</span></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_ecustom--DerivativesBankLoanInterestRateSwapsInterestRateLockCommitments_iI_pp0p0_c20211231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member_fKDQp_z6r1wkUGMlm2" style="border-bottom: Black 1pt solid; text-align: right" title="Derivatives - loan commitments"><span style="-sec-ix-hidden: xdx2ixbrl3816">-</span></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_ecustom--DerivativesBankLoanInterestRateSwapsInterestRateLockCommitments_iI_pp0p0_c20211231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member_fKDQp_zOymI2CH0m7e" style="border-bottom: Black 1pt solid; text-align: right" title="Derivatives - loan commitments">(1,547,895</td><td style="padding-bottom: 1pt; text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 2.5pt"><p style="margin-top: 0; margin-bottom: 0">Total liabilities accounted for at fair value</p> <p style="margin-top: 0; margin-bottom: 0">on a recurring basis</p></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--FairValueLiabilitiesMeasuredOnRecurringBasisObligations_iNI_pp0p0_di_c20211231_zzib21rZAdt1" style="border-bottom: Black 2.5pt double; text-align: right" title="Total liabilities accounted for at fair value on a recurring basis">(1,603,324</td><td style="padding-bottom: 2.5pt; text-align: left">)</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_983_eus-gaap--FairValueLiabilitiesMeasuredOnRecurringBasisObligations_iNI_pp0p0_di_c20211231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member_zBPRMOcYY1vi" style="border-bottom: Black 2.5pt double; text-align: right" title="Total liabilities accounted for at fair value on a recurring basis">(55,429</td><td style="padding-bottom: 2.5pt; text-align: left">)</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_985_eus-gaap--FairValueLiabilitiesMeasuredOnRecurringBasisObligations_iNI_pp0p0_di_c20211231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member_ziWy9tdF2OBb" style="border-bottom: Black 2.5pt double; text-align: right" title="Total liabilities accounted for at fair value on a recurring basis"><span style="-sec-ix-hidden: xdx2ixbrl3824">-</span></td><td style="padding-bottom: 2.5pt; 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--FairValueLiabilitiesMeasuredOnRecurringBasisObligations_iNI_pp0p0_di_c20211231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member_zAqSpKKHhYei" style="border-bottom: Black 2.5pt double; text-align: right" title="Total liabilities accounted for at fair value on a recurring basis">(1,547,895</td><td style="padding-bottom: 2.5pt; text-align: left">)</td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"/></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"/></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"/></p> <div style="width: 15%"><div style="border-top: Black 1pt solid; font-size: 1pt"> </div></div> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"/></p> <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: 0.15pc"><span id="xdx_F06_znBEXB8IORVg" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(1)</span></td> <td><span id="xdx_F1D_zbN5tszFLD94" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Fixed maturity securities available for sale</span></td></tr> </table> <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: 0.15pc"><span id="xdx_F09_zvMyYEpnhuth" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(2)</span></td> <td><span id="xdx_F14_zbNIcVgFP8Sf" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Equity securities</span></td></tr> </table> <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: 0.15pc"><span id="xdx_F03_zKGBD6Uba6Qk" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(3)</span></td> <td><span id="xdx_F1E_zFdJmmc84OGd" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Included in other assets on the consolidated balance sheets</span></td></tr> </table> <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: 0.15pc"><span id="xdx_F04_zThicl8fAGef" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(4)</span></td> <td><span id="xdx_F1E_ztBMy6vcXE87" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Included in other liabilities and accrued expenses on the consolidated balance sheets</span></td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">SECURITY NATIONAL FINANCIAL CORPORATION</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">AND SUBSIDIARIES</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Notes to Consolidated Financial Statements</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Years Ended December 31, 2021 and 2020</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><i> </i></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">17) <span style="text-decoration: underline">Fair Value of Financial Instruments (Continued)</span></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The following table summarizes Level 1, 2 and 3 financial assets and financial liabilities measured at fair value on a recurring basis by their classification in the consolidated balance sheet at December 31, 2020.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <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">Total</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"><p style="margin-top: 0; margin-bottom: 0">Quoted Prices in Active Markets</p> <p style="margin-top: 0; margin-bottom: 0">for Identical Assets</p> <p style="margin-top: 0; margin-bottom: 0">(Level 1)</p></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"><p style="margin-top: 0; margin-bottom: 0">Significant Observable Inputs</p> <p style="margin-top: 0; margin-bottom: 0">(Level 2)</p></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"><p style="margin-top: 0; margin-bottom: 0">Significant Unobservable Inputs</p> <p style="margin-top: 0; margin-bottom: 0">(Level 3)</p></td><td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left"><p style="margin-top: 0; margin-bottom: 0">Assets accounted for at fair value on a</p> <p style="margin-top: 0; margin-bottom: 0"> recurring basis</p></td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="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: 36%; text-align: left">Fixed maturity securities available for sale</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_98D_eus-gaap--AvailableForSaleSecuritiesDebtSecuritiesCurrent_iI_pp0p0_c20201231_zyYuPQiLsho" style="width: 12%; text-align: right" title="Fixed maturity securities available for sale">294,656,679</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_981_eus-gaap--AvailableForSaleSecuritiesDebtSecuritiesCurrent_iI_pp0p0_c20201231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member_zofiBheFpdal" style="width: 12%; text-align: right" title="Fixed maturity securities available for sale"><span style="-sec-ix-hidden: xdx2ixbrl3834">-</span></td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_98B_eus-gaap--AvailableForSaleSecuritiesDebtSecuritiesCurrent_iI_pp0p0_c20201231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member_zyuBi9fyz7Wa" style="width: 12%; text-align: right" title="Fixed maturity securities available for sale">292,455,504</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_c20201231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member_zDy3rJEHaB8h" style="width: 12%; text-align: right" title="Fixed maturity securities available for sale">2,201,175</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">Equity securities</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98B_ecustom--AvailableForSaleEquitySecurities_iI_pp0p0_c20201231_zrdHLwbEWSP4" style="text-align: right" title="Equity securities">11,324,239</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_981_ecustom--AvailableForSaleEquitySecurities_iI_pp0p0_c20201231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member_zVjJK7RNLfIf" style="text-align: right" title="Equity securities">11,324,239</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_984_ecustom--AvailableForSaleEquitySecurities_iI_pp0p0_c20201231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member_z1vlS9qdz9Y4" style="text-align: right" title="Equity securities"><span style="-sec-ix-hidden: xdx2ixbrl3844">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_986_ecustom--AvailableForSaleEquitySecurities_iI_pp0p0_c20201231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member_z0f8kvrWUaD4" style="text-align: right" title="Equity securities"><span style="-sec-ix-hidden: xdx2ixbrl3846">-</span></td><td style="text-align: left"> </td></tr> <tr 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 id="xdx_98B_eus-gaap--LoansHeldForSaleFairValueDisclosure_iI_pp0p0_c20201231_zBpFNQCbJy8h" style="text-align: right" title="Loans held for sale">422,772,418</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98A_eus-gaap--LoansHeldForSaleFairValueDisclosure_iI_pp0p0_c20201231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member_zrAxid7Qk5Oi" style="text-align: right" title="Loans held for sale"><span style="-sec-ix-hidden: xdx2ixbrl3850">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_983_eus-gaap--LoansHeldForSaleFairValueDisclosure_iI_pp0p0_c20201231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member_z0mtJXuKSQll" style="text-align: right" title="Loans held for sale"><span style="-sec-ix-hidden: xdx2ixbrl3852">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_988_eus-gaap--LoansHeldForSaleFairValueDisclosure_iI_pp0p0_c20201231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member_zaN6SFNC5Zck" style="text-align: right" title="Loans held for sale">422,772,418</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td id="xdx_F44_zKLnDNa1GxEa" style="text-align: left">Restricted assets (1)</td><td> </td> <td style="text-align: left"> </td><td id="xdx_985_ecustom--RestrictedAssetsOfCemeteriesAndMortuaries_iI_pp0p0_c20201231_fKDEp_zGGw8IJHB7m6" style="text-align: right" title="Restricted assets">1,473,637</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_981_ecustom--RestrictedAssetsOfCemeteriesAndMortuaries_iI_pp0p0_c20201231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member_fKDEp_znmh0vUFr6hl" style="text-align: right" title="Restricted assets"><span style="-sec-ix-hidden: xdx2ixbrl3858">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98B_ecustom--RestrictedAssetsOfCemeteriesAndMortuaries_iI_pp0p0_c20201231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member_fKDEp_zGNWU2pTSrij" style="text-align: right" title="Restricted assets">1,473,637</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_988_ecustom--RestrictedAssetsOfCemeteriesAndMortuaries_iI_pp0p0_c20201231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member_fKDEp_z11yj730ftq8" style="text-align: right" title="Restricted assets"><span style="-sec-ix-hidden: xdx2ixbrl3862">-</span></td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td id="xdx_F48_zUhKKyNzZKPk" style="text-align: left">Restricted assets (2)</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98F_ecustom--RestrictedAssetsOfCemeteriesAndMortuaries1_iI_pp0p0_c20201231_fKDIp_zxy9Sw50nZFa" style="text-align: right" title="Restricted assets">2,515,778</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_988_ecustom--RestrictedAssetsOfCemeteriesAndMortuaries1_iI_pp0p0_c20201231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member_fKDIp_zDg8eccYsMb" style="text-align: right" title="Restricted assets">2,515,778</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_982_ecustom--RestrictedAssetsOfCemeteriesAndMortuaries1_iI_pp0p0_c20201231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member_fKDIp_zV8sLHVuAoZ7" style="text-align: right" title="Restricted assets"><span style="-sec-ix-hidden: xdx2ixbrl3868">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98F_ecustom--RestrictedAssetsOfCemeteriesAndMortuaries1_iI_pp0p0_c20201231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member_fKDIp_ziljyRElP2C5" style="text-align: right" title="Restricted assets"><span style="-sec-ix-hidden: xdx2ixbrl3870">-</span></td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td id="xdx_F40_zZT3QU2RrGxe" style="text-align: left">Cemetery perpetual care trust investments (1)</td><td> </td> <td style="text-align: left"> </td><td id="xdx_984_ecustom--CemeteryPerpetualCareTrustInvestments1_iI_pp0p0_c20201231_fKDEp_zXU4jyt2gWs7" style="text-align: right" title="Cemetery perpetual care trust investments">747,767</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98B_ecustom--CemeteryPerpetualCareTrustInvestments1_iI_pp0p0_c20201231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member_fKDEp_zdiSRv9B3UEh" style="text-align: right" title="Cemetery perpetual care trust investments"><span style="-sec-ix-hidden: xdx2ixbrl3874">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_987_ecustom--CemeteryPerpetualCareTrustInvestments1_iI_pp0p0_c20201231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member_fKDEp_z2qlgY9jSM0l" style="text-align: right" title="Cemetery perpetual care trust investments">747,767</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98D_ecustom--CemeteryPerpetualCareTrustInvestments1_iI_pp0p0_c20201231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member_fKDEp_zfd8fY77coec" style="text-align: right" title="Cemetery perpetual care trust investments"><span style="-sec-ix-hidden: xdx2ixbrl3878">-</span></td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td id="xdx_F47_z1Zqr89LhvPg" style="text-align: left">Cemetery perpetual care trust investments (2)</td><td> </td> <td style="text-align: left"> </td><td id="xdx_986_ecustom--CemeteryPerpetualCareTrustInvestments2_iI_pp0p0_c20201231_fKDIp_zvNy5MPaJ3E3" style="text-align: right" title="Cemetery perpetual care trust investments">2,062,303</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_980_ecustom--CemeteryPerpetualCareTrustInvestments2_iI_pp0p0_c20201231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member_fKDIp_zbKJWb96FRWb" style="text-align: right" title="Cemetery perpetual care trust investments">2,062,303</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98D_ecustom--CemeteryPerpetualCareTrustInvestments2_iI_pp0p0_c20201231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member_fKDIp_zCu9GWW1bg5e" style="text-align: right" title="Cemetery perpetual care trust investments"><span style="-sec-ix-hidden: xdx2ixbrl3884">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_987_ecustom--CemeteryPerpetualCareTrustInvestments2_iI_pp0p0_c20201231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member_fKDIp_zpE4kr5LHm5d" style="text-align: right" title="Cemetery perpetual care trust investments"><span style="-sec-ix-hidden: xdx2ixbrl3886">-</span></td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td id="xdx_F43_zgkR5C8U59O2" 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 id="xdx_98D_ecustom--DerivativesInterestRateLockCommitments_iI_pp0p0_c20201231_fKDMp_zo82LBzRMUC6" style="border-bottom: Black 1pt solid; text-align: right" title="Derivatives - loan commitments">12,592,672</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_ecustom--DerivativesInterestRateLockCommitments_iI_pp0p0_c20201231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member_fKDMp_zHcKqLYcoEO9" style="border-bottom: Black 1pt solid; text-align: right" title="Derivatives - loan commitments"><span style="-sec-ix-hidden: xdx2ixbrl3890">-</span></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_ecustom--DerivativesInterestRateLockCommitments_iI_pp0p0_c20201231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member_fKDMp_zoymgl5PzSbi" style="border-bottom: Black 1pt solid; text-align: right" title="Derivatives - loan commitments"><span style="-sec-ix-hidden: xdx2ixbrl3892">-</span></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_ecustom--DerivativesInterestRateLockCommitments_iI_pp0p0_c20201231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member_fKDMp_zo1zfAXHKDK3" style="border-bottom: Black 1pt solid; text-align: right" title="Derivatives - loan commitments">12,592,672</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 2.5pt"><p style="margin-top: 0; margin-bottom: 0">Total assets accounted for at fair value on a</p> <p style="margin-top: 0; margin-bottom: 0">recurring basis</p></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--AssetsFairValueDisclosureRecurring1_iI_pp0p0_c20201231_zSCwVNm8JBnj" style="border-bottom: Black 2.5pt double; text-align: right" title="Total assets accounted for at fair value on a recurring basis">748,145,493</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">$</td><td id="xdx_982_ecustom--AssetsFairValueDisclosureRecurring1_iI_pp0p0_c20201231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member_zOH3n3LnKJGi" style="border-bottom: Black 2.5pt double; text-align: right" title="Total assets accounted for at fair value on a recurring basis">15,902,320</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98F_ecustom--AssetsFairValueDisclosureRecurring1_iI_pp0p0_c20201231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member_zPJIlllvYBjb" style="border-bottom: Black 2.5pt double; text-align: right" title="Total assets accounted for at fair value on a recurring basis">294,676,908</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">$</td><td id="xdx_98E_ecustom--AssetsFairValueDisclosureRecurring1_iI_pp0p0_c20201231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member_z5E1P8YDwLYj" style="border-bottom: Black 2.5pt double; text-align: right" title="Total assets accounted for at fair value on a recurring basis">437,566,265</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left"><p style="margin-top: 0; margin-bottom: 0">Liabilities accounted for at fair value on a</p> <p style="margin-top: 0; margin-bottom: 0"> recurring basis</p></td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td id="xdx_F41_z8Bl9cQP1VAk" style="text-align: left">Derivatives - call options (4)</td><td> </td> <td style="text-align: left">$</td><td id="xdx_98B_ecustom--DerivativesBankLoanInterestRateSwapsCallOptions_iI_pp0p0_c20201231_fKDQp_zqEngA3lDuU4" style="text-align: right" title="Derivatives - call options">(43,097</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left">$</td><td id="xdx_985_ecustom--DerivativesBankLoanInterestRateSwapsCallOptions_iI_pp0p0_c20201231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member_fKDQp_zOq99NDMm522" style="text-align: right" title="Derivatives - call options">(43,097</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left">$</td><td id="xdx_98A_ecustom--DerivativesBankLoanInterestRateSwapsCallOptions_iI_pp0p0_c20201231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member_fKDQp_zOEF31pOddr6" style="text-align: right" title="Derivatives - call options"><span style="-sec-ix-hidden: xdx2ixbrl3908">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td id="xdx_98E_ecustom--DerivativesBankLoanInterestRateSwapsCallOptions_iI_pp0p0_c20201231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member_fKDQp_zhNASF04HEtd" style="text-align: right" title="Derivatives - call options"><span style="-sec-ix-hidden: xdx2ixbrl3910">-</span></td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td id="xdx_F48_zjSyFKw6qhYl" 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 id="xdx_98D_ecustom--DerivativesBankLoanInterestRateSwapsInterestRateLockCommitments_iI_pp0p0_c20201231_fKDQp_zRmtvFRexG62" style="border-bottom: Black 1pt solid; text-align: right" title="Derivatives - loan commitments">(2,464,062</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_ecustom--DerivativesBankLoanInterestRateSwapsInterestRateLockCommitments_iI_pp0p0_c20201231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member_fKDQp_zfVpF6g8bwbl" style="border-bottom: Black 1pt solid; text-align: right" title="Derivatives - loan commitments"><span style="-sec-ix-hidden: xdx2ixbrl3914">-</span></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_ecustom--DerivativesBankLoanInterestRateSwapsInterestRateLockCommitments_iI_pp0p0_c20201231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member_fKDQp_zZcdZeAO4NC6" style="border-bottom: Black 1pt solid; text-align: right" title="Derivatives - loan commitments"><span style="-sec-ix-hidden: xdx2ixbrl3916">-</span></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_ecustom--DerivativesBankLoanInterestRateSwapsInterestRateLockCommitments_iI_pp0p0_c20201231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member_fKDQp_z2LxIHSS6Kfl" style="border-bottom: Black 1pt solid; text-align: right" title="Derivatives - loan commitments">(2,464,062</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; padding-bottom: 2.5pt"><p style="margin-top: 0; margin-bottom: 0">Total liabilities accounted for at fair value</p> <p style="margin-top: 0; margin-bottom: 0">on a recurring basis</p></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--FairValueLiabilitiesMeasuredOnRecurringBasisObligations_iNI_pp0p0_di_c20201231_zzH1fBbUivzg" style="border-bottom: Black 2.5pt double; text-align: right" title="Total liabilities accounted for at fair value on a recurring basis">(2,507,159</td><td style="padding-bottom: 2.5pt; text-align: left">)</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98C_eus-gaap--FairValueLiabilitiesMeasuredOnRecurringBasisObligations_iNI_pp0p0_di_c20201231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member_zaYeIba6hOdf" style="border-bottom: Black 2.5pt double; text-align: right" title="Total liabilities accounted for at fair value on a recurring basis">(43,097</td><td style="padding-bottom: 2.5pt; text-align: left">)</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_981_eus-gaap--FairValueLiabilitiesMeasuredOnRecurringBasisObligations_iNI_pp0p0_di_c20201231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member_zaHnXz38T4b8" style="border-bottom: Black 2.5pt double; text-align: right" title="Total liabilities accounted for at fair value on a recurring basis"><span style="-sec-ix-hidden: xdx2ixbrl3924">-</span></td><td style="padding-bottom: 2.5pt; 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--FairValueLiabilitiesMeasuredOnRecurringBasisObligations_iNI_pp0p0_di_c20201231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member_zK4HkRNMYAAg" style="border-bottom: Black 2.5pt double; text-align: right" title="Total liabilities accounted for at fair value on a recurring basis">(2,464,062</td><td style="padding-bottom: 2.5pt; text-align: left">)</td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0"/> <div style="width: 25%"><div style="border-top: Black 1pt solid; font-size: 1pt"> </div></div> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0"/> <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: 0.15pc"><span id="xdx_F01_zzCS6q9DT8Nj" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(1)</span></td> <td><span id="xdx_F15_z8sPcZYfCkzj" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Fixed maturity securities available for sale</span></td></tr> </table> <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: 0.15pc"><span id="xdx_F0D_z8DvoNe7ut16" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(2)</span></td> <td><span id="xdx_F1D_zwfktZry3ew5" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Equity securities</span></td></tr> </table> <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: 0.15pc"><span id="xdx_F0C_zkvskUMwHV62" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(3)</span></td> <td><span id="xdx_F14_zSbphOHn81R5" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Included in other assets on the consolidated balance sheets</span></td></tr> </table> <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: 0.15pc"><span id="xdx_F00_zDudgeWhS1Db" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(4)</span></td> <td><span id="xdx_F1F_z61RzbKEdT61" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Included in other liabilities and accrued expenses on the consolidated balance sheets</span></td></tr> </table> <p id="xdx_8A2_zzDoy0c3qJBd" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">  </span></p> <p id="xdx_898_eus-gaap--FairValueLiabilitiesMeasuredOnRecurringBasisTextBlock_z7c8Ngtvym4g" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">For Level 3 assets and liabilities measured at fair value on a recurring basis as of December 31, 2021, the significant unobservable inputs used in the fair value measurements were as follows:</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span id="xdx_8BB_z5OsEebA07O8" style="display: none">Assets and Liabilities Measured at Fair Value on A Recurring Basis</span><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <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">12/31/2021</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: 13%; 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_ecustom--FairValueBalance_iI_pp0p0_c20211231__us-gaap--SubsidiarySaleOfStockAxis__custom--LoansHeldForSale1Member_zUUSqALVeX0b" style="width: 11%; text-align: right" title="Fair value balance">302,776,827</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 11%; text-align: left">Market approach</td><td style="width: 2%"> </td> <td style="width: 19%; 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 id="xdx_98E_ecustom--FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetAndLiabilityRangeOfInputsMinimum_pid_dp_uPure_c20210101__20211231__us-gaap--SubsidiarySaleOfStockAxis__custom--LoansHeldForSale1Member_z9ae0MlSjXAh" style="width: 8%; text-align: right" title="Fair value measurement, range of inputs, minimum value">95.0</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--FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetAndLiabilityRangeOfInputsMaximum_pid_dp_uPure_c20210101__20211231__us-gaap--SubsidiarySaleOfStockAxis__custom--LoansHeldForSale1Member_z6ZuWaftbBpk" style="width: 8%; text-align: right" title="Fair value measurement, range of inputs, minimum value">109.0</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_ecustom--FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetAndLiabilityWeightedAverage_pid_dp_uPure_c20210101__20211231__us-gaap--SubsidiarySaleOfStockAxis__custom--LoansHeldForSale1Member_zLqHMTgFM78c" style="width: 10%; text-align: right" title="Fair value measurement with unobservable inputs reconciliation, recurring basis, asset and liability, weighted average">103.0</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_984_ecustom--FairValueBalance_iI_pp0p0_c20211231__us-gaap--SubsidiarySaleOfStockAxis__custom--NetDerivativesLoanCommitmentsMember_zseZD4Zaxngd" style="text-align: right" title="Fair value balance">7,015,515</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 id="xdx_985_ecustom--FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetAndLiabilityRangeOfInputsMinimum_pid_dp_uPure_c20210101__20211231__us-gaap--SubsidiarySaleOfStockAxis__custom--NetDerivativesLoanCommitmentsMember_zqOmwnBzuXSl" style="text-align: right" title="Fair value measurement, range of inputs, minimum value">66.0</td><td style="text-align: left">%</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98C_ecustom--FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetAndLiabilityRangeOfInputsMaximum_pid_dp_uPure_c20210101__20211231__us-gaap--SubsidiarySaleOfStockAxis__custom--NetDerivativesLoanCommitmentsMember_znoeh76ABag5" style="text-align: right" title="Fair value measurement, range of inputs, minimum value">95.0</td><td style="text-align: left">%</td><td> </td> <td style="text-align: left"> </td><td id="xdx_981_ecustom--FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetAndLiabilityWeightedAverage_pid_dp_uPure_c20210101__20211231__us-gaap--SubsidiarySaleOfStockAxis__custom--NetDerivativesLoanCommitmentsMember_zSFFMQSUMCGg" style="text-align: right" title="Fair value measurement with unobservable inputs reconciliation, recurring basis, asset and liability, weighted average">81.0</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>Initial-Value</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">N/A</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">N/A</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">N/A</span></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"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">0 bps</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">148 bps</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">61 bps</span></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_98C_ecustom--FairValueBalance_iI_pp0p0_c20211231__us-gaap--SubsidiarySaleOfStockAxis__custom--FixedMaturitySecuritiesAvailableForSale1Member_zxIPn0P6ftxc" style="text-align: right" title="Fair value balance">2,023,348</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">$</td><td id="xdx_989_ecustom--FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetAndLiabilityRangeOfInputsMinimum_pid_dp_c20210101__20211231__us-gaap--SubsidiarySaleOfStockAxis__custom--FixedMaturitySecuritiesAvailableForSale1Member_zgeNXhAnEemk" style="text-align: right" title="Fair value measurement, range of inputs, minimum value">96.87</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td id="xdx_981_ecustom--FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetAndLiabilityRangeOfInputsMaximum_pid_dp_uPure_c20210101__20211231__us-gaap--SubsidiarySaleOfStockAxis__custom--FixedMaturitySecuritiesAvailableForSale1Member_zRR2E0hPbGY5" style="text-align: right" title="Fair value measurement, range of inputs, minimum value">111.11</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td id="xdx_980_ecustom--FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetAndLiabilityWeightedAverage_pid_dp_uPure_c20210101__20211231__us-gaap--SubsidiarySaleOfStockAxis__custom--FixedMaturitySecuritiesAvailableForSale1Member_zaz0Hrcenot5" style="text-align: right" title="Fair value measurement with unobservable inputs reconciliation, recurring basis, asset and liability, weighted average">106.73</td><td style="text-align: left"> </td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: center"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">SECURITY NATIONAL FINANCIAL CORPORATION</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">AND SUBSIDIARIES</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Notes to Consolidated Financial Statements</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Years Ended December 31, 2021 and 2020</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><i> </i></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">17) <span style="text-decoration: underline">Fair Value of Financial Instruments (Continued)</span></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">For Level 3 assets and liabilities measured at fair value on a recurring basis as of December 31, 2020, the significant unobservable inputs used in the fair value measurements were as follows:</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <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">12/31/2020</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: 13%; text-align: left">Loans held for sale</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_98E_ecustom--FairValueBalance_iI_pp0p0_c20201231__us-gaap--SubsidiarySaleOfStockAxis__custom--LoansHeldForSale1Member_zASMe4m6lEb9" style="width: 11%; text-align: right" title="Fair value balance">422,772,418</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 11%; text-align: left">Market approach</td><td style="width: 2%"> </td> <td style="width: 19%; 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 id="xdx_981_ecustom--FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetAndLiabilityRangeOfInputsMinimum_pid_dp_uPure_c20200101__20201231__us-gaap--SubsidiarySaleOfStockAxis__custom--LoansHeldForSale1Member_zO4GahvkuVu4" style="width: 8%; text-align: right" title="Fair value measurement, range of inputs, minimum value">99.0</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--FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetAndLiabilityRangeOfInputsMaximum_pid_dp_c20200101__20201231__us-gaap--SubsidiarySaleOfStockAxis__custom--LoansHeldForSale1Member_zCctnO7VNRDa" style="width: 8%; text-align: right" title="Fair value measurement, range of inputs, minimum value">110.0</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--FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetAndLiabilityWeightedAverage_pid_dp_uPure_c20200101__20201231__us-gaap--SubsidiarySaleOfStockAxis__custom--LoansHeldForSale1Member_zLmk5xOZDJB8" style="width: 10%; text-align: right" title="Fair value measurement with unobservable inputs reconciliation, recurring basis, asset and liability, weighted average">104.0</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_985_ecustom--FairValueBalance_iI_pp0p0_c20201231__us-gaap--SubsidiarySaleOfStockAxis__custom--NetDerivativesLoanCommitmentsMember_zRAcxI0SJ5P2" style="text-align: right" title="Fair value balance">10,128,610</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 id="xdx_985_ecustom--FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetAndLiabilityRangeOfInputsMinimum_pid_dp_uPure_c20200101__20201231__us-gaap--SubsidiarySaleOfStockAxis__custom--NetDerivativesLoanCommitmentsMember_zut6QCHtkEwh" style="text-align: right" title="Fair value measurement, range of inputs, minimum value">52.0</td><td style="text-align: left">%</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98D_ecustom--FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetAndLiabilityRangeOfInputsMaximum_pid_dp_uPure_c20200101__20201231__us-gaap--SubsidiarySaleOfStockAxis__custom--NetDerivativesLoanCommitmentsMember_zPWttNiiSDy6" style="text-align: right" title="Fair value measurement, range of inputs, minimum value">92.0</td><td style="text-align: left">%</td><td> </td> <td style="text-align: left"> </td><td id="xdx_981_ecustom--FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetAndLiabilityWeightedAverage_pid_dp_uPure_c20200101__20201231__us-gaap--SubsidiarySaleOfStockAxis__custom--NetDerivativesLoanCommitmentsMember_zW9Uc6mUvDK2" style="text-align: right" title="Fair value measurement with unobservable inputs reconciliation, recurring basis, asset and liability, weighted average">81.0</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>Initial-Value</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">N/A</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">N/A</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">N/A</span></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"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">0 bps</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">184 bps</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">58 bps</span></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_98F_ecustom--FairValueBalance_iI_pp0p0_c20201231__us-gaap--SubsidiarySaleOfStockAxis__custom--FixedMaturitySecuritiesAvailableForSale1Member_zyL8DvbKdMN2" style="text-align: right" title="Fair value balance">2,201,175</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">$</td><td id="xdx_987_ecustom--FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetAndLiabilityRangeOfInputsMinimum_pid_dp_uPure_c20200101__20201231__us-gaap--SubsidiarySaleOfStockAxis__custom--FixedMaturitySecuritiesAvailableForSale1Member_zuiDeuo95dje" style="text-align: right" title="Fair value measurement, range of inputs, minimum value">90.83</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td id="xdx_98A_ecustom--FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetAndLiabilityRangeOfInputsMaximum_pid_dp_uPure_c20200101__20201231__us-gaap--SubsidiarySaleOfStockAxis__custom--FixedMaturitySecuritiesAvailableForSale1Member_zv9VVy39fCCa" style="text-align: right" title="Fair value measurement, range of inputs, minimum value">119.33</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td id="xdx_988_ecustom--FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetAndLiabilityWeightedAverage_pid_dp_uPure_c20200101__20201231__us-gaap--SubsidiarySaleOfStockAxis__custom--FixedMaturitySecuritiesAvailableForSale1Member_zsjG7PwvI2he" style="text-align: right" title="Fair value measurement with unobservable inputs reconciliation, recurring basis, asset and liability, weighted average">113.47</td><td style="text-align: left"> </td></tr> </table> <p id="xdx_8A8_z4ozh4xZrbzg" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p id="xdx_89B_ecustom--ScheduleOfChangesInTheConsolidatedBalanceSheetLineItemsMeasuredUsingLevel3InputsTableTextBlock_zy61E7sLxDR3" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Following is a summary of changes in the consolidated balance sheet line items measured using level 3 inputs:</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span id="xdx_8B5_zDMWhXCGPq25" style="display: none">Schedule of Changes in the Consolidated Balance Sheet Line Items Measured Using Level 3 Inputs</span><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <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"><p style="margin-top: 0; margin-bottom: 0">Net Derivatives</p> <p style="margin-top: 0; margin-bottom: 0">Loan</p> <p style="margin-top: 0; margin-bottom: 0">Commitments</p></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"><p style="margin-top: 0; margin-bottom: 0">Loans Held for</p> <p style="margin-top: 0; margin-bottom: 0">Sale</p></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"><p style="margin-top: 0; margin-bottom: 0">Fixed Maturity Securities</p> <p style="margin-top: 0; margin-bottom: 0">Available for Sale</p></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></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 40%">Balance - December 31, 2020</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_986_ecustom--FairValueBalance_iS_pp0p0_c20210101__20211231__us-gaap--SubsidiarySaleOfStockAxis__custom--NetDerivativesLoanCommitmentsMember_zAVfUJKjykfl" style="width: 16%; text-align: right" title="Fair value balance">10,128,610</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_988_ecustom--FairValueBalance_iS_pp0p0_c20210101__20211231__us-gaap--SubsidiarySaleOfStockAxis__custom--LoansHeldForSale1Member_zTu98OOcY3fh" style="width: 16%; text-align: right" title="Fair value balance">422,772,418</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_98E_ecustom--FairValueBalance_iS_pp0p0_c20210101__20211231__us-gaap--SubsidiarySaleOfStockAxis__custom--FixedMaturitySecuritiesAvailableForSale1Member_zBjNstJiogU3" style="width: 16%; text-align: right" title="Fair value balance">2,201,175</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td>Originations/purchases</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98E_ecustom--Originations_pp0p0_c20210101__20211231__us-gaap--SubsidiarySaleOfStockAxis__custom--NetDerivativesLoanCommitmentsMember_zlIceH4sA3I" style="text-align: right" title="Originations and purchases"><span style="-sec-ix-hidden: xdx2ixbrl3990">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_984_ecustom--Originations_pp0p0_c20210101__20211231__us-gaap--SubsidiarySaleOfStockAxis__custom--LoansHeldForSale1Member_zARqLwZOb6Ld" style="text-align: right" title="Originations and purchases">5,611,189,587</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98F_ecustom--Originations_pp0p0_c20210101__20211231__us-gaap--SubsidiarySaleOfStockAxis__custom--FixedMaturitySecuritiesAvailableForSale1Member_zRJcYYDs2xV6" style="text-align: right" title="Originations and purchases"><span style="-sec-ix-hidden: xdx2ixbrl3994">-</span></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_pp0p0_c20210101__20211231__us-gaap--SubsidiarySaleOfStockAxis__custom--NetDerivativesLoanCommitmentsMember_zVooa8WvDiqh" style="text-align: right" title="Sales, maturities and paydowns"><span style="-sec-ix-hidden: xdx2ixbrl3996">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98E_ecustom--Sales_pp0p0_c20210101__20211231__us-gaap--SubsidiarySaleOfStockAxis__custom--LoansHeldForSale1Member_zuWPRYan4wae" style="text-align: right" title="Sales, maturities and paydowns">(5,900,076,766</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td id="xdx_984_ecustom--Sales_pp0p0_c20210101__20211231__us-gaap--SubsidiarySaleOfStockAxis__custom--FixedMaturitySecuritiesAvailableForSale1Member_zLC1Ry9SfeH2" style="text-align: right" title="Sales, maturities and paydowns">(45,700</td><td style="text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Transfer to mortgage loans held for investment</td><td> </td> <td style="text-align: left"> </td><td id="xdx_981_ecustom--TransferToMortgageLoansHeldForInvestment_pp0p0_c20210101__20211231__us-gaap--SubsidiarySaleOfStockAxis__custom--NetDerivativesLoanCommitmentsMember_z1HgRzk2Zq29" style="text-align: right" title="Transfer to mortgage loans held for investment"><span style="-sec-ix-hidden: xdx2ixbrl4002">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98D_ecustom--TransferToMortgageLoansHeldForInvestment_pp0p0_c20210101__20211231__us-gaap--SubsidiarySaleOfStockAxis__custom--LoansHeldForSale1Member_zFchVg7arXqe" style="text-align: right" title="Transfer to mortgage loans held for investment">(201,951</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td id="xdx_983_ecustom--TransferToMortgageLoansHeldForInvestment_pp0p0_c20210101__20211231__us-gaap--SubsidiarySaleOfStockAxis__custom--FixedMaturitySecuritiesAvailableForSale1Member_ztKtP1xZ0tIa" style="text-align: right" title="Transfer to mortgage loans held for investment"><span style="-sec-ix-hidden: xdx2ixbrl4006">-</span></td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <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: White"> <td style="padding-left: 10pt; text-align: left">Included in earnings</td><td> </td> <td style="text-align: left"> </td><td id="xdx_980_ecustom--FairValueLossesGainsIncludedInEarnings_pp0p0_c20210101__20211231__us-gaap--SubsidiarySaleOfStockAxis__custom--NetDerivativesLoanCommitmentsMember_fKDEp_zGTwxRM2OWO2" style="text-align: right" title="Total gains (losses) included in earnings">(3,113,095</td><td id="xdx_F2B_zbL9Dj1xZgR9" style="text-align: left">)(1)</td><td> </td> <td style="text-align: left"> </td><td id="xdx_989_ecustom--FairValueLossesGainsIncludedInEarnings_pp0p0_c20210101__20211231__us-gaap--SubsidiarySaleOfStockAxis__custom--LoansHeldForSale1Member_fKDEp_zj0swMUHAsv9" style="text-align: right" title="Total gains (losses) included in earnings"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">169,093,539</span></td><td id="xdx_F25_zrKKmbTdJ6Mh" style="text-align: left">(1)</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98F_ecustom--FairValueLossesGainsIncludedInEarnings_pp0p0_c20210101__20211231__us-gaap--SubsidiarySaleOfStockAxis__custom--FixedMaturitySecuritiesAvailableForSale1Member_fKDIp_zi9qjL2HxUFf" style="text-align: right" title="Total gains (losses) included in earnings"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">3,674</span></td><td id="xdx_F2F_ztyh5PcDfKUe" style="text-align: left">(2)</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 10pt; text-align: left">Included in other comprehensive income</td><td> </td> <td style="text-align: left"> </td><td id="xdx_988_ecustom--TotalGainsLossesIncludedInOtherComprehensiveIncome_pp0p0_c20210101__20211231__us-gaap--SubsidiarySaleOfStockAxis__custom--NetDerivativesLoanCommitmentsMember_zrKSeQX1oUOf" style="text-align: right" title="Total gains (losses) included in other comprehensive income"><span style="-sec-ix-hidden: xdx2ixbrl4014">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98B_ecustom--TotalGainsLossesIncludedInOtherComprehensiveIncome_pp0p0_c20210101__20211231__us-gaap--SubsidiarySaleOfStockAxis__custom--LoansHeldForSale1Member_zauRrCE53Yga" style="text-align: right" title="Total gains (losses) included in other comprehensive income"><span style="-sec-ix-hidden: xdx2ixbrl4016">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_980_ecustom--TotalGainsLossesIncludedInOtherComprehensiveIncome_pp0p0_c20210101__20211231__us-gaap--SubsidiarySaleOfStockAxis__custom--FixedMaturitySecuritiesAvailableForSale1Member_zlkjevSjlieg" style="text-align: right" title="Total gains (losses) included in other comprehensive income">(135,801</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></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-bottom: 2.5pt">Balance - December 31, 2021</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98E_ecustom--FairValueBalance_iE_pp0p0_c20210101__20211231__us-gaap--SubsidiarySaleOfStockAxis__custom--NetDerivativesLoanCommitmentsMember_zXpgOsk9bLl1" style="border-bottom: Black 2.5pt double; text-align: right" title="Fair Value balance">7,015,515</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_982_ecustom--FairValueBalance_iE_pp0p0_c20210101__20211231__us-gaap--SubsidiarySaleOfStockAxis__custom--LoansHeldForSale1Member_zLU5F4en3JFl" style="border-bottom: Black 2.5pt double; text-align: right" title="Fair value balance">302,776,827</td><td style="padding-bottom: 2.5pt; 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_ecustom--FairValueBalance_iE_pp0p0_c20210101__20211231__us-gaap--SubsidiarySaleOfStockAxis__custom--FixedMaturitySecuritiesAvailableForSale1Member_zDhGTaXdYL71" style="border-bottom: Black 2.5pt double; text-align: right" title="Fair value balance">2,023,348</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <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: 0.15pc"><span id="xdx_F0C_zUuCFmnzm5sd" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(1)</span></td> <td><span id="xdx_F15_zm3y8KIYthbg" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">As a component of mortgage fee income on the consolidated statements of earnings</span></td></tr> </table> <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: 0.15pc"><span id="xdx_F0E_zEYv98yNTQd4" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(2)</span></td> <td><span id="xdx_F13_zwuIjW6SVqX2" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">As a component of net investment income on the consolidated statements of earnings</span></td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Following is a summary of changes in the consolidated balance sheet line items measured using level 3 inputs:</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <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"><p style="margin-top: 0; margin-bottom: 0">Net Derivatives</p> <p style="margin-top: 0; margin-bottom: 0">Loan</p> <p style="margin-top: 0; margin-bottom: 0">Commitments</p></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"><p style="margin-top: 0; margin-bottom: 0">Loans Held for</p> <p style="margin-top: 0; margin-bottom: 0">Sale</p></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"><p style="margin-top: 0; margin-bottom: 0">Fixed Maturity Securities</p> <p style="margin-top: 0; margin-bottom: 0">Available for Sale</p></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></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 40%">Balance - December 31, 2019</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_98E_ecustom--FairValueBalance_iS_pp0p0_c20200101__20201231__us-gaap--SubsidiarySaleOfStockAxis__custom--NetDerivativesLoanCommitmentsMember_zp112rTJu366" style="width: 16%; text-align: right" title="Fair value balance">2,491,233</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_98A_ecustom--FairValueBalance_iS_pp0p0_c20200101__20201231__us-gaap--SubsidiarySaleOfStockAxis__custom--LoansHeldForSale1Member_zkJTs7SYfWe6" style="width: 16%; text-align: right" title="Fair value balance">213,457,632</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_98E_ecustom--FairValueBalance_iS_pp0p0_c20200101__20201231__us-gaap--SubsidiarySaleOfStockAxis__custom--FixedMaturitySecuritiesAvailableForSale1Member_z40LwVVsS5i" style="width: 16%; text-align: right" title="Fair value balance">3,216,382</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td>Originations/purchases</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98E_ecustom--Originations_pp0p0_c20200101__20201231__us-gaap--SubsidiarySaleOfStockAxis__custom--NetDerivativesLoanCommitmentsMember_zHePbnDfSgA1" style="text-align: right" title="Originations and purchases"><span style="-sec-ix-hidden: xdx2ixbrl4034">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_989_ecustom--Originations_pp0p0_c20200101__20201231__us-gaap--SubsidiarySaleOfStockAxis__custom--LoansHeldForSale1Member_zXNXRMe7awY4" style="text-align: right" title="Originations and purchases">5,627,013,749</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_983_ecustom--Originations_pp0p0_c20200101__20201231__us-gaap--SubsidiarySaleOfStockAxis__custom--FixedMaturitySecuritiesAvailableForSale1Member_z3JaLzUfFJS8" style="text-align: right" title="Originations and purchases"><span style="-sec-ix-hidden: xdx2ixbrl4038">-</span></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_989_ecustom--Sales_pp0p0_c20200101__20201231__us-gaap--SubsidiarySaleOfStockAxis__custom--NetDerivativesLoanCommitmentsMember_zMf6EaCn0lmj" style="text-align: right" title="Sales, maturities and paydowns"><span style="-sec-ix-hidden: xdx2ixbrl4040">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98F_ecustom--Sales_pp0p0_c20200101__20201231__us-gaap--SubsidiarySaleOfStockAxis__custom--LoansHeldForSale1Member_z62CSiJax39h" style="text-align: right" title="Sales, maturities and paydowns">(5,600,045,285</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98C_ecustom--Sales_pp0p0_c20200101__20201231__us-gaap--SubsidiarySaleOfStockAxis__custom--FixedMaturitySecuritiesAvailableForSale1Member_zwE6sccReon1" style="text-align: right" title="Sales, maturities and paydowns">(1,042,400</td><td style="text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Transfer to mortgage loans held for investment</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98A_ecustom--TransferToMortgageLoansHeldForInvestment_pp0p0_c20200101__20201231__us-gaap--SubsidiarySaleOfStockAxis__custom--NetDerivativesLoanCommitmentsMember_zLitCRjYE1Uh" style="text-align: right" title="Transfer to mortgage loans held for investment"><span style="-sec-ix-hidden: xdx2ixbrl4046">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_980_ecustom--TransferToMortgageLoansHeldForInvestment_pp0p0_c20200101__20201231__us-gaap--SubsidiarySaleOfStockAxis__custom--LoansHeldForSale1Member_zinJxlXHlfA4" style="text-align: right" title="Transfer to mortgage loans held for investment">(16,960,549</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td id="xdx_986_ecustom--TransferToMortgageLoansHeldForInvestment_pp0p0_c20200101__20201231__us-gaap--SubsidiarySaleOfStockAxis__custom--FixedMaturitySecuritiesAvailableForSale1Member_zouGsHzR5j4l" style="text-align: right" title="Transfer to mortgage loans held for investment"><span style="-sec-ix-hidden: xdx2ixbrl4050">-</span></td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <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: White"> <td style="padding-left: 10pt; text-align: left">Included in earnings</td><td> </td> <td style="text-align: left"> </td><td id="xdx_988_ecustom--FairValueLossesGainsIncludedInEarnings_pp0p0_c20200101__20201231__us-gaap--SubsidiarySaleOfStockAxis__custom--NetDerivativesLoanCommitmentsMember_fKDEp_zpjzkFbLx8qi" style="text-align: right" title="Total gains (losses) included in earnings"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">7,637,377</span></td><td id="xdx_F2C_znFqJxpf0Gpl" style="text-align: left">(1)</td><td> </td> <td style="text-align: left"> </td><td id="xdx_980_ecustom--FairValueLossesGainsIncludedInEarnings_pp0p0_c20200101__20201231__us-gaap--SubsidiarySaleOfStockAxis__custom--LoansHeldForSale1Member_fKDEp_zfD1oaJUHY27" style="text-align: right" title="Total gains (losses) included in earnings"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">199,306,871</span></td><td id="xdx_F28_zClFxSVauyeh" style="text-align: left">(1)</td><td> </td> <td style="text-align: left"> </td><td id="xdx_984_ecustom--FairValueLossesGainsIncludedInEarnings_pp0p0_c20200101__20201231__us-gaap--SubsidiarySaleOfStockAxis__custom--FixedMaturitySecuritiesAvailableForSale1Member_fKDIp_z1AoCm1BmDsa" style="text-align: right" title="Total gains (losses) included in earnings"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">3,408</span></td><td id="xdx_F2F_zJaTnkbng1Zd" style="text-align: left">(2)</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 10pt; text-align: left">Included in other comprehensive income</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98B_ecustom--TotalGainsLossesIncludedInOtherComprehensiveIncome_pp0p0_c20200101__20201231__us-gaap--SubsidiarySaleOfStockAxis__custom--NetDerivativesLoanCommitmentsMember_zNIrlZhxYVUi" style="text-align: right" title="Total gains (losses) included in other comprehensive income"><span style="-sec-ix-hidden: xdx2ixbrl4058">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_989_ecustom--TotalGainsLossesIncludedInOtherComprehensiveIncome_pp0p0_c20200101__20201231__us-gaap--SubsidiarySaleOfStockAxis__custom--LoansHeldForSale1Member_zfMpEnehZZy9" style="text-align: right" title="Total gains (losses) included in other comprehensive income"><span style="-sec-ix-hidden: xdx2ixbrl4060">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_981_ecustom--TotalGainsLossesIncludedInOtherComprehensiveIncome_pp0p0_c20200101__20201231__us-gaap--SubsidiarySaleOfStockAxis__custom--FixedMaturitySecuritiesAvailableForSale1Member_zI0EodgZ80S3" style="text-align: right" title="Total gains (losses) included in other comprehensive income">23,785</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></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-bottom: 2.5pt">Balance - December 31, 2020</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_981_ecustom--FairValueBalance_iE_pp0p0_c20200101__20201231__us-gaap--SubsidiarySaleOfStockAxis__custom--NetDerivativesLoanCommitmentsMember_zO1ssDHHp3Qj" style="border-bottom: Black 2.5pt double; text-align: right" title="Fair value balance">10,128,610</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_989_ecustom--FairValueBalance_iE_pp0p0_c20200101__20201231__us-gaap--SubsidiarySaleOfStockAxis__custom--LoansHeldForSale1Member_zpzNFxGMNCV" style="border-bottom: Black 2.5pt double; text-align: right" title="Fair value balance">422,772,418</td><td style="padding-bottom: 2.5pt; 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_ecustom--FairValueBalance_iE_pp0p0_c20200101__20201231__us-gaap--SubsidiarySaleOfStockAxis__custom--FixedMaturitySecuritiesAvailableForSale1Member_zJWHXsr8BZ1b" style="border-bottom: Black 2.5pt double; text-align: right" title="Fair value balance">2,201,175</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <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: 0.15pc"><span id="xdx_F03_zkaa1G0SmT4g" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(1)</span></td> <td><span id="xdx_F1B_zuzWIycjtZi3" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">As a component of mortgage fee income on the consolidated statements of earnings</span></td></tr> </table> <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: 0.15pc"><span id="xdx_F0B_zmZbOe2ASpre" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(2)</span></td> <td><span id="xdx_F1D_ziaJuXpEVYSi" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">As a component of net investment income on the consolidated statements of earnings</span></td></tr> </table> <p id="xdx_8A0_zNeBw17GP6wl" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">SECURITY NATIONAL FINANCIAL CORPORATION</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">AND SUBSIDIARIES</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Notes to Consolidated Financial Statements</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Years Ended December 31, 2021 and 2020</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><i> </i></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">17) <span style="text-decoration: underline">Fair Value of Financial Instruments (Continued)</span></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p id="xdx_891_eus-gaap--FairValueAssetsMeasuredOnNonrecurringBasisTextBlock_ziFaK9u7Fl2g" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The following tables summarize Level 1, 2 and 3 financial assets and financial liabilities measured at fair value on a nonrecurring basis by their classification in the consolidated balance sheet at December 31, 2021.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span id="xdx_8BC_z96ptJVOTfLl" style="display: none">Schedule of Fair Value Assets Measured on a Nonrecurring Basis</span><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <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">Total</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"><p style="margin-top: 0; margin-bottom: 0">Quoted Prices in Active Markets</p> <p style="margin-top: 0; margin-bottom: 0">for Identical</p> <p style="margin-top: 0; margin-bottom: 0">Assets</p> <p style="margin-top: 0; margin-bottom: 0">(Level 1)</p></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"><p style="margin-top: 0; margin-bottom: 0">Significant Observable</p> <p style="margin-top: 0; margin-bottom: 0">Inputs</p> <p style="margin-top: 0; margin-bottom: 0">(Level 2)</p></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"><p style="margin-top: 0; margin-bottom: 0">Significant Unobservable Inputs</p> <p style="margin-top: 0; margin-bottom: 0">(Level 3)</p></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 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: 36%; text-align: left">Impaired mortgage loans held for investment</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_980_eus-gaap--MortgageLoansOnRealEstate_iI_pp0p0_c20211231_zyBDiqEsevJ7" style="width: 12%; text-align: right" title="Impaired mortgage loans held for investment">851,903</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_98E_eus-gaap--MortgageLoansOnRealEstate_iI_pp0p0_c20211231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member_zn7muDF6RlAl" style="width: 12%; text-align: right" title="Impaired mortgage loans held for investment"><span style="-sec-ix-hidden: xdx2ixbrl4076">-</span></td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_980_eus-gaap--MortgageLoansOnRealEstate_iI_pp0p0_c20211231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member_zQ4PugXOHfW8" style="width: 12%; text-align: right" title="Impaired mortgage loans held for investment"><span style="-sec-ix-hidden: xdx2ixbrl4078">-</span></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--MortgageLoansOnRealEstate_iI_pp0p0_c20211231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member_zfP2pVmames2" style="width: 12%; text-align: right" title="Impaired mortgage loans held for investment">851,903</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: 1pt">Impaired real estate held for sale</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_980_ecustom--ImpairedRealEstateHeldForInvestment_iI_pp0p0_c20211231_znuS0XNePob1" style="border-bottom: Black 1pt solid; text-align: right" title="Impaired real estate held for investment">2,000,000</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_987_ecustom--ImpairedRealEstateHeldForInvestment_iI_pp0p0_c20211231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member_zW597YTIS16" style="border-bottom: Black 1pt solid; text-align: right" title="Impaired real estate held for investment"><span style="-sec-ix-hidden: xdx2ixbrl4084">-</span></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_ecustom--ImpairedRealEstateHeldForInvestment_iI_pp0p0_c20211231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member_zPzRUdU3Hw6i" style="border-bottom: Black 1pt solid; text-align: right" title="Impaired real estate held for investment"><span style="-sec-ix-hidden: xdx2ixbrl4086">-</span></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_ecustom--ImpairedRealEstateHeldForInvestment_iI_pp0p0_c20211231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member_zaY1v9eVaZ9b" style="border-bottom: Black 1pt solid; text-align: right" title="Impaired real estate held for investment">2,000,000</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr 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 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_987_ecustom--AssetsFairValueDisclosureNonrecurring2_iI_pp0p0_c20211231_zwgoZyKHPHO9" style="border-bottom: Black 2.5pt double; text-align: right" title="Assets fair value disclosure nonrecurring">2,851,903</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_983_ecustom--AssetsFairValueDisclosureNonrecurring2_iI_pp0p0_c20211231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member_zolp6zGDKqE5" style="border-bottom: Black 2.5pt double; text-align: right" title="Assets fair value disclosure nonrecurring"><span style="-sec-ix-hidden: xdx2ixbrl4092">-</span></td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98A_ecustom--AssetsFairValueDisclosureNonrecurring2_iI_pp0p0_c20211231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member_zIz8zajRTvYh" style="border-bottom: Black 2.5pt double; text-align: right" title="Assets fair value disclosure nonrecurring"><span style="-sec-ix-hidden: xdx2ixbrl4094">-</span></td><td style="padding-bottom: 2.5pt; 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_ecustom--AssetsFairValueDisclosureNonrecurring2_iI_pp0p0_c20211231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member_zNBWpXsB3mz7" style="border-bottom: Black 2.5pt double; text-align: right" title="Assets fair value disclosure nonrecurring">2,851,903</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The following tables summarize Level 1, 2 and 3 financial assets and financial liabilities measured at fair value on a nonrecurring basis by their classification in the consolidated balance sheet at December 31, 2020.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">  </span></p> <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">Total</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"><p style="margin-top: 0; margin-bottom: 0">Quoted Prices in Active Markets</p> <p style="margin-top: 0; margin-bottom: 0">for Identical</p> <p style="margin-top: 0; margin-bottom: 0">Assets</p> <p style="margin-top: 0; margin-bottom: 0">(Level 1)</p></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"><p style="margin-top: 0; margin-bottom: 0">Significant Observable</p> <p style="margin-top: 0; margin-bottom: 0">Inputs</p> <p style="margin-top: 0; margin-bottom: 0">(Level 2)</p></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"><p style="margin-top: 0; margin-bottom: 0">Significant Unobservable Inputs</p> <p style="margin-top: 0; margin-bottom: 0">(Level 3)</p></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  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: 36%; text-align: left">Impaired mortgage loans held for investment</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_98F_eus-gaap--MortgageLoansOnRealEstate_iI_pp0p0_c20201231_z1lpyXBNa4M7" style="width: 12%; text-align: right" title="Impaired mortgage loans held for investment">1,297,356</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_986_eus-gaap--MortgageLoansOnRealEstate_iI_pp0p0_c20201231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member_zfu6OnzyH926" style="width: 12%; text-align: right" title="Impaired mortgage loans held for investment"><span style="-sec-ix-hidden: xdx2ixbrl4100">-</span></td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_985_eus-gaap--MortgageLoansOnRealEstate_iI_pp0p0_c20201231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member_znfkylLQjQY" style="width: 12%; text-align: right" title="Impaired mortgage loans held for investment"><span style="-sec-ix-hidden: xdx2ixbrl4102">-</span></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--MortgageLoansOnRealEstate_iI_pp0p0_c20201231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member_zFhq9dPiXu4a" style="width: 12%; text-align: right" title="Impaired mortgage loans held for investment">1,297,356</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: 1pt">Impaired real estate held for sale</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_987_ecustom--ImpairedRealEstateHeldForInvestment_iI_pp0p0_c20201231_zb54AcODNV1" style="border-bottom: Black 1pt solid; text-align: right" title="Impaired real estate held for investment">4,249,000</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_984_ecustom--ImpairedRealEstateHeldForInvestment_iI_pp0p0_c20201231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member_zWItnhgolsV2" style="border-bottom: Black 1pt solid; text-align: right" title="Impaired real estate held for investment"><span style="-sec-ix-hidden: xdx2ixbrl4108">-</span></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_ecustom--ImpairedRealEstateHeldForInvestment_iI_pp0p0_c20201231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member_zdyPYmSAyDvk" style="border-bottom: Black 1pt solid; text-align: right" title="Impaired real estate held for investment"><span style="-sec-ix-hidden: xdx2ixbrl4110">-</span></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_ecustom--ImpairedRealEstateHeldForInvestment_iI_pp0p0_c20201231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member_zvSFEdTBncbf" style="border-bottom: Black 1pt solid; text-align: right" title="Impaired real estate held for investment">4,249,000</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr 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 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_c20201231_zw3p0wFs4596" style="border-bottom: Black 2.5pt double; text-align: right" title="Assets fair value disclosure nonrecurring">5,546,356</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_984_ecustom--AssetsFairValueDisclosureNonrecurring2_iI_pp0p0_c20201231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member_zKBeUqUZBkqd" style="border-bottom: Black 2.5pt double; text-align: right" title="Assets fair value disclosure nonrecurring"><span style="-sec-ix-hidden: xdx2ixbrl4116">-</span></td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_983_ecustom--AssetsFairValueDisclosureNonrecurring2_iI_pp0p0_c20201231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member_zBkZ6BunDkGd" style="border-bottom: Black 2.5pt double; text-align: right" title="Assets fair value disclosure nonrecurring"><span style="-sec-ix-hidden: xdx2ixbrl4118">-</span></td><td style="padding-bottom: 2.5pt; 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_ecustom--AssetsFairValueDisclosureNonrecurring2_iI_pp0p0_c20201231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member_z7Vu8V1D8Ai1" style="border-bottom: Black 2.5pt double; text-align: right" title="Assets fair value disclosure nonrecurring">5,546,356</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> <p id="xdx_8AA_zqZjmE7A9Zv1" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b> </b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">SECURITY NATIONAL FINANCIAL CORPORATION</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">AND SUBSIDIARIES</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Notes to Consolidated Financial Statements</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Years Ended December 31, 2021 and 2020</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><i> </i></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">17) <span style="text-decoration: underline">Fair Value of Financial Instruments (Continued)</span></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b> </b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Fair Value of Financial Instruments Carried at Other Than Fair Value</b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">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.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">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 December 31, 2021 and 2020.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p id="xdx_89B_ecustom--ScheduleOfFinancialInstrumentsCarriedAtOtherThanFairValueTableTextBlock_zrIQNDQ7XkE4" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">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, 2021:</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span id="xdx_8B7_zzeFqH6lHJ2k" style="display: none">Schedule of Financial Instruments Carried at Other Than Fair Value</span> </span></p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 95%"> <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">Carrying 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">Level 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">Level 2</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">Level 3</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 Estimated Fair Value</td><td style="padding-bottom: 1pt"> </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_988_ecustom--CarryingValue_iI_pp0p0_c20211231__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember_zoMDA5jGTOsb" style="width: 9%; text-align: right" title="Carrying value">51,396,172</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_981_ecustom--EstimatedCarryingValue_iI_pp0p0_c20211231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember_zG82Qoz5p1Qg" style="width: 9%; text-align: right" title="Estimated carrying value"><span style="-sec-ix-hidden: xdx2ixbrl4126">-</span></td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_98D_ecustom--EstimatedCarryingValue_iI_pp0p0_c20211231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember_zTYfCE9ynRgg" style="width: 9%; text-align: right" title="Estimated carrying value"><span style="-sec-ix-hidden: xdx2ixbrl4128">-</span></td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_98B_ecustom--EstimatedCarryingValue_iI_pp0p0_c20211231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember_zbDNvwU9ncnj" style="width: 9%; text-align: right" title="Estimated carrying value">55,159,167</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_98F_ecustom--EstimatedCarryingValue_iI_pp0p0_c20211231__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember_zCqS23VvNhzc" style="width: 9%; text-align: right" title="Estimated carrying value">55,159,167</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_984_ecustom--CarryingValue_iI_pp0p0_c20211231__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember_zvTMiaNYzHjg" style="text-align: right" title="Carrying value">174,691,408</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98F_ecustom--EstimatedCarryingValue_iI_pp0p0_c20211231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember_znMi675j3FIc" style="text-align: right" title="Estimated carrying value"><span style="-sec-ix-hidden: xdx2ixbrl4136">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98C_ecustom--EstimatedCarryingValue_iI_pp0p0_c20211231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember_z4arlDGPwA4d" style="text-align: right" title="Estimated carrying value"><span style="-sec-ix-hidden: xdx2ixbrl4138">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98A_ecustom--EstimatedCarryingValue_iI_pp0p0_c20211231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member__us-gaap--FinancialInstrumentAxis__us-gaap--FairValueInputsLevel3Member_z2ZxrNQzvYmg" style="text-align: right" title="Estimated carrying value">174,691,408</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98A_ecustom--EstimatedCarryingValue_iI_pp0p0_c20211231__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember_zPAQVw0l81Dk" style="text-align: right" title="Estimated carrying value">174,691,408</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_989_ecustom--CarryingValue_iI_pp0p0_c20211231__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember_zRvSG32HaOSg" style="border-bottom: Black 1pt solid; text-align: right" title="Carrying value">51,218,466</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_ecustom--EstimatedCarryingValue_iI_pp0p0_c20211231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember_z1GjkiGMU4zh" style="border-bottom: Black 1pt solid; text-align: right" title="Estimated carrying value"><span style="-sec-ix-hidden: xdx2ixbrl4146">-</span></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_ecustom--EstimatedCarryingValue_iI_pp0p0_c20211231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember_zgqmcT2OZvYc" style="border-bottom: Black 1pt solid; text-align: right" title="Estimated carrying value"><span style="-sec-ix-hidden: xdx2ixbrl4148">-</span></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_ecustom--EstimatedCarryingValue_iI_pp0p0_c20211231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember_zN3H60ol5BB4" style="border-bottom: Black 1pt solid; text-align: right" title="Estimated carrying value">51,008,709</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_ecustom--EstimatedCarryingValue_iI_pp0p0_c20211231__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember_zzGZHfNfZGaj" style="border-bottom: Black 1pt solid; text-align: right" title="Estimated carrying value">51,008,709</td><td style="padding-bottom: 1pt; 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">$</td><td id="xdx_988_ecustom--CarryingValue_iI_pp0p0_c20211231__us-gaap--FinancialInstrumentAxis__custom--MortgageLoansNet1Member_zVSJ4TXFTNU" style="text-align: right" title="Carrying value">277,306,046</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td id="xdx_98A_ecustom--EstimatedCarryingValue_iI_pp0p0_c20211231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member__us-gaap--FinancialInstrumentAxis__custom--MortgageLoansNet1Member_zDU3pMQBPSd7" style="text-align: right" title="Estimated carrying value"><span style="-sec-ix-hidden: xdx2ixbrl4156">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td id="xdx_981_ecustom--EstimatedCarryingValue_iI_pp0p0_c20211231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member__us-gaap--FinancialInstrumentAxis__custom--MortgageLoansNet1Member_z5f2UZVO2brd" style="text-align: right" title="Estimated carrying value"><span style="-sec-ix-hidden: xdx2ixbrl4158">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td id="xdx_985_ecustom--EstimatedCarryingValue_iI_pp0p0_c20211231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member__us-gaap--FinancialInstrumentAxis__custom--MortgageLoansNet1Member_zeBL6mlYN4b8" style="text-align: right" title="Estimated carrying value">280,859,284</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td id="xdx_984_ecustom--EstimatedCarryingValue_iI_pp0p0_c20211231__us-gaap--FinancialInstrumentAxis__custom--MortgageLoansNet1Member_znQ5gPoXes01" style="text-align: right" title="Estimated carrying value">280,859,284</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_980_ecustom--CarryingValue_iI_pp0p0_c20211231__us-gaap--FinancialInstrumentAxis__custom--PolicyLoanMember_zSNzDhpU8VL5" style="text-align: right" title="Carrying value">13,478,214</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98B_ecustom--EstimatedCarryingValue_iI_pp0p0_c20211231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member__us-gaap--FinancialInstrumentAxis__custom--PolicyLoanMember_zsLEX1MfLyxk" style="text-align: right" title="Estimated carrying value"><span style="-sec-ix-hidden: xdx2ixbrl4166">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_982_ecustom--EstimatedCarryingValue_iI_pp0p0_c20211231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member__us-gaap--FinancialInstrumentAxis__custom--PolicyLoanMember_zXNAe6m68lhb" style="text-align: right" title="Estimated carrying value"><span style="-sec-ix-hidden: xdx2ixbrl4168">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98D_ecustom--EstimatedCarryingValue_iI_pp0p0_c20211231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member__us-gaap--FinancialInstrumentAxis__custom--PolicyLoanMember_zeCcij26342d" style="text-align: right" title="Estimated carrying value">13,478,214</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_980_ecustom--EstimatedCarryingValue_iI_pp0p0_c20211231__us-gaap--FinancialInstrumentAxis__custom--PolicyLoanMember_zxBBuoO12alj" style="text-align: right" title="Estimated carrying value">13,478,214</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td id="xdx_F4C_z8MEyoOc0FQ5" style="text-align: left">Insurance assignments, net (1)</td><td> </td> <td style="text-align: left"> </td><td id="xdx_982_ecustom--CarryingValue_iI_pp0p0_c20211231__us-gaap--FinancialInstrumentAxis__custom--InsuranceAssignmentsMember_fKDEp_zX3DzKZLZLT6" style="text-align: right" title="Carrying value">46,946,590</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_987_ecustom--EstimatedCarryingValue_iI_pp0p0_c20211231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member__us-gaap--FinancialInstrumentAxis__custom--InsuranceAssignmentsMember_fKDEp_z0o5aBATcpK9" style="text-align: right" title="Estimated carrying value"><span style="-sec-ix-hidden: xdx2ixbrl4176">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_989_ecustom--EstimatedCarryingValue_iI_pp0p0_c20211231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member__us-gaap--FinancialInstrumentAxis__custom--InsuranceAssignmentsMember_fKDEp_zNwDJdcjgclf" style="text-align: right" title="Estimated carrying value"><span style="-sec-ix-hidden: xdx2ixbrl4178">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_983_ecustom--EstimatedCarryingValue_iI_pp0p0_c20211231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member__us-gaap--FinancialInstrumentAxis__custom--InsuranceAssignmentsMember_fKDEp_z79VUk8XCF8d" style="text-align: right" title="Estimated carrying value">46,946,590</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_989_ecustom--EstimatedCarryingValue_iI_pp0p0_c20211231__us-gaap--FinancialInstrumentAxis__custom--InsuranceAssignmentsMember_fKDEp_zaqI3AzpfcNb" style="text-align: right" title="Estimated carrying value">46,946,590</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td id="xdx_F4A_zoftfUof4KG5" style="text-align: left">Restricted assets (2)</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98F_ecustom--CarryingValue_iI_pp0p0_c20211231__us-gaap--FinancialInstrumentAxis__custom--RestrictedAssets1Member_fKDIp_zSbYYkbRtzL5" style="text-align: right" title="Carrying value">2,732,320</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_987_ecustom--EstimatedCarryingValue_iI_pp0p0_c20211231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member__us-gaap--FinancialInstrumentAxis__custom--RestrictedAssets1Member_fKDIp_zoujCNlFH4pc" style="text-align: right" title="Estimated carrying value"><span style="-sec-ix-hidden: xdx2ixbrl4186">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_988_ecustom--EstimatedCarryingValue_iI_pp0p0_c20211231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member__us-gaap--FinancialInstrumentAxis__custom--RestrictedAssets1Member_fKDIp_zSwaD8sTpLk3" style="text-align: right" title="Estimated carrying value"><span style="-sec-ix-hidden: xdx2ixbrl4188">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98E_ecustom--EstimatedCarryingValue_iI_pp0p0_c20211231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member__us-gaap--FinancialInstrumentAxis__custom--RestrictedAssets1Member_fKDIp_z7xm4Y4KRBF3" style="text-align: right" title="Estimated carrying value">2,732,320</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_982_ecustom--EstimatedCarryingValue_iI_pp0p0_c20211231__us-gaap--FinancialInstrumentAxis__custom--RestrictedAssets1Member_fKDIp_zU6koYkl6K45" style="text-align: right" title="Estimated carrying value">2,732,320</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td id="xdx_F43_zkN6M2QGscJk" style="text-align: left">Cemetery perpetual care trust investments (2)</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98C_ecustom--CarryingValue_iI_pp0p0_c20211231__us-gaap--FinancialInstrumentAxis__custom--CemeteryPerpetualCareTrustInvestments2Member_fKDIp_zz9z1NyxwErc" style="text-align: right" title="Carrying value">1,823,533</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98E_ecustom--EstimatedCarryingValue_iI_pp0p0_c20211231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member__us-gaap--FinancialInstrumentAxis__custom--CemeteryPerpetualCareTrustInvestments2Member_fKDIp_zQwMLIpjCNu2" style="text-align: right" title="Estimated carrying value"><span style="-sec-ix-hidden: xdx2ixbrl4196">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_988_ecustom--EstimatedCarryingValue_iI_pp0p0_c20211231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member__us-gaap--FinancialInstrumentAxis__custom--CemeteryPerpetualCareTrustInvestments2Member_fKDIp_zky8GiAMjqp6" style="text-align: right" title="Estimated carrying value"><span style="-sec-ix-hidden: xdx2ixbrl4198">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_986_ecustom--EstimatedCarryingValue_iI_pp0p0_c20211231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member__us-gaap--FinancialInstrumentAxis__custom--CemeteryPerpetualCareTrustInvestments2Member_fKDIp_z1ZiGKBYEPZ5" style="text-align: right" title="Estimated carrying value">1,823,533</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_987_ecustom--EstimatedCarryingValue_iI_pp0p0_c20211231__us-gaap--FinancialInstrumentAxis__custom--CemeteryPerpetualCareTrustInvestments2Member_fKDIp_zpqtiAlfwuga" style="text-align: right" title="Estimated carrying value">1,823,533</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_ecustom--CarryingValue_iI_pp0p0_c20211231__us-gaap--FinancialInstrumentAxis__custom--MortgageServicingRightsMember_z5ZLpIVLQQ2l" style="text-align: right" title="Carrying value">53,060,455</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98F_ecustom--EstimatedCarryingValue_iI_pp0p0_c20211231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member__us-gaap--FinancialInstrumentAxis__custom--MortgageServicingRightsMember_zbCAtzcPFgmk" style="text-align: right" title="Estimated carrying value"><span style="-sec-ix-hidden: xdx2ixbrl4206">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_980_ecustom--EstimatedCarryingValue_iI_pp0p0_c20211231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member__us-gaap--FinancialInstrumentAxis__custom--MortgageServicingRightsMember_z00C82RY6Ozd" style="text-align: right" title="Estimated carrying value"><span style="-sec-ix-hidden: xdx2ixbrl4208">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_984_ecustom--EstimatedCarryingValue_iI_pp0p0_c20211231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member__us-gaap--FinancialInstrumentAxis__custom--MortgageServicingRightsMember_z8qLyoXMFs6b" style="text-align: right" title="Estimated carrying value">68,811,809</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_989_ecustom--EstimatedCarryingValue_iI_pp0p0_c20211231__us-gaap--FinancialInstrumentAxis__custom--MortgageServicingRightsMember_zXLzubPF9GJl" style="text-align: right" title="Estimated carrying value">68,811,809</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_98F_ecustom--CarryingValue_iI_pp0p0_c20211231__us-gaap--FinancialInstrumentAxis__custom--BankAndOtherLoansPayableMember_zKxDS145gg2e" style="text-align: right" title="Carrying value">(251,286,927</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left">$</td><td id="xdx_98C_ecustom--EstimatedCarryingValue_iI_pp0p0_c20211231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member__us-gaap--FinancialInstrumentAxis__custom--BankAndOtherLoansPayableMember_z2NVmdTHP2c2" style="text-align: right" title="Estimated carrying value"><span style="-sec-ix-hidden: xdx2ixbrl4216">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td id="xdx_98F_ecustom--EstimatedCarryingValue_iI_pp0p0_c20211231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member__us-gaap--FinancialInstrumentAxis__custom--BankAndOtherLoansPayableMember_z4BcgrGUgJ0i" style="text-align: right" title="Estimated carrying value"><span style="-sec-ix-hidden: xdx2ixbrl4218">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td id="xdx_981_ecustom--EstimatedCarryingValue_iI_pp0p0_c20211231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member__us-gaap--FinancialInstrumentAxis__custom--BankAndOtherLoansPayableMember_zBHqko36Xn87" style="text-align: right" title="Estimated carrying value">(251,286,927</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left">$</td><td id="xdx_98E_ecustom--EstimatedCarryingValue_iI_pp0p0_c20211231__us-gaap--FinancialInstrumentAxis__custom--BankAndOtherLoansPayableMember_zcm5vAN29cQi" style="text-align: right" title="Estimated carrying value">(251,286,927</td><td style="text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td id="xdx_F4B_zdgJALgnJDVi" style="text-align: left">Policyholder account balances (3)</td><td> </td> <td style="text-align: left"> </td><td id="xdx_987_ecustom--CarryingValue_iI_pp0p0_c20211231__us-gaap--FinancialInstrumentAxis__custom--PolicyholderAccountBalancesMember_fKDMp_zZwOOBhnjHz3" style="text-align: right" title="Carrying value">(42,939,055</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td id="xdx_981_ecustom--EstimatedCarryingValue_iI_pp0p0_c20211231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member__us-gaap--FinancialInstrumentAxis__custom--PolicyholderAccountBalancesMember_fKDMp_zKf5J1UlxUW1" style="text-align: right" title="Estimated carrying value"><span style="-sec-ix-hidden: xdx2ixbrl4226">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_980_ecustom--EstimatedCarryingValue_iI_pp0p0_c20211231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member__us-gaap--FinancialInstrumentAxis__custom--PolicyholderAccountBalancesMember_fKDMp_zuCPyaFP6aMd" style="text-align: right" title="Estimated carrying value"><span style="-sec-ix-hidden: xdx2ixbrl4228">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98C_ecustom--EstimatedCarryingValue_iI_pp0p0_c20211231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member__us-gaap--FinancialInstrumentAxis__custom--PolicyholderAccountBalancesMember_fKDMp_zzDBEfwXv0Gc" style="text-align: right" title="Estimated carrying value">(35,855,934</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td id="xdx_989_ecustom--EstimatedCarryingValue_iI_pp0p0_c20211231__us-gaap--FinancialInstrumentAxis__custom--PolicyholderAccountBalancesMember_fKDMp_zqSXZLtzF7E7" style="text-align: right" title="Estimated carrying value">(35,855,934</td><td style="text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td id="xdx_F43_zQMTwVWK2EUd" style="text-align: left">Future policy benefits - annuities (3)</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98F_ecustom--CarryingValue_iI_pp0p0_c20211231__us-gaap--FinancialInstrumentAxis__custom--FuturePolicyBenefitsAnnuitiesMember_fKDMp_zEKufGDgooI1" style="text-align: right" title="Carrying value">(107,992,830</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td id="xdx_982_ecustom--EstimatedCarryingValue_iI_pp0p0_c20211231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member__us-gaap--FinancialInstrumentAxis__custom--FuturePolicyBenefitsAnnuitiesMember_fKDMp_zlWuqpUxaqgb" style="text-align: right" title="Estimated carrying value"><span style="-sec-ix-hidden: xdx2ixbrl4236">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_983_ecustom--EstimatedCarryingValue_iI_pp0p0_c20211231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member__us-gaap--FinancialInstrumentAxis__custom--FuturePolicyBenefitsAnnuitiesMember_fKDMp_z72GesGtPA4g" style="text-align: right" title="Estimated carrying value"><span style="-sec-ix-hidden: xdx2ixbrl4238">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98F_ecustom--EstimatedCarryingValue_iI_pp0p0_c20211231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member__us-gaap--FinancialInstrumentAxis__custom--FuturePolicyBenefitsAnnuitiesMember_fKDMp_z4tKsTNSkWOe" style="text-align: right" title="Estimated carrying value">(116,215,717</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td id="xdx_980_ecustom--EstimatedCarryingValue_iI_pp0p0_c20211231__us-gaap--FinancialInstrumentAxis__custom--FuturePolicyBenefitsAnnuitiesMember_fKDMp_zvmobZ94JjY4" style="text-align: right" title="Estimated carrying value">(116,215,717</td><td style="text-align: left">)</td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"/></p> <div style="width: 25%"><div style="border-top: Black 1pt solid; font-size: 1pt"> </div></div> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"/></p> <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: 0.15pc"><span id="xdx_F04_z1gwO3jeDMj7" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(1)</span></td> <td><span id="xdx_F1D_zdRVYQlfPSUk" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Included in other investments and policy loans on the consolidated balance sheets</span></td></tr> </table> <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: 0.15pc"><span id="xdx_F02_zKe6WOFZxqD" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(2)</span></td> <td><span id="xdx_F1D_zq2HF3DaETXj" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Mortgage loans held for investment</span></td></tr> </table> <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: 0.15pc"><span id="xdx_F0C_zitCANNhtxY4" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(3)</span></td> <td><span id="xdx_F18_zunkqebc2qsa" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Included in future policy benefits and unpaid claims on the consolidated balance sheets</span></td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">SECURITY NATIONAL FINANCIAL CORPORATION</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">AND SUBSIDIARIES</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Notes to Consolidated Financial Statements</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Years Ended December 31, 2021 and 2020</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><i> </i></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">17) <span style="text-decoration: underline">Fair Value of Financial Instruments (Continued)</span></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">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, 2020:</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <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">Carrying 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">Level 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">Level 2</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">Level 3</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 Estimated Fair Value</td><td style="padding-bottom: 1pt"> </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">$</td><td id="xdx_981_ecustom--CarryingValue_iI_pp0p0_c20201231__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember_zZVOhxDq9kp5" style="width: 9%; text-align: right" title="Carrying value">92,757,613</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_98A_ecustom--EstimatedCarryingValue_iI_pp0p0_c20201231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember_z54JYHO7ADaj" style="width: 9%; text-align: right" title="Estimated carrying value"><span style="-sec-ix-hidden: xdx2ixbrl4249">-</span></td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_982_ecustom--EstimatedCarryingValue_iI_pp0p0_c20201231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember_zSJthdWgkvD3" style="width: 9%; text-align: right" title="Estimated carrying value"><span style="-sec-ix-hidden: xdx2ixbrl4251">-</span></td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_986_ecustom--EstimatedCarryingValue_iI_pp0p0_c20201231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember_z3dDVKEMsc9i" style="width: 9%; text-align: right" title="Estimated carrying value">100,384,283</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--EstimatedCarryingValue_iI_pp0p0_c20201231__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember_zGHlPrCt1b58" style="width: 9%; text-align: right" title="Estimated carrying value">100,384,283</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_984_ecustom--CarryingValue_iI_pp0p0_c20201231__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember_zYw3ulNydF9d" style="text-align: right" title="Carrying value">110,849,864</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_980_ecustom--EstimatedCarryingValue_iI_pp0p0_c20201231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember_zar25IGiiSNg" style="text-align: right" title="Estimated carrying value"><span style="-sec-ix-hidden: xdx2ixbrl4259">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_986_ecustom--EstimatedCarryingValue_iI_pp0p0_c20201231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember_zcgqc2O1b4n3" style="text-align: right" title="Estimated carrying value"><span style="-sec-ix-hidden: xdx2ixbrl4261">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_986_ecustom--EstimatedCarryingValue_iI_pp0p0_c20201231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member__us-gaap--FinancialInstrumentAxis__us-gaap--FairValueInputsLevel3Member_zMDZNVLAIkM1" style="text-align: right" title="Estimated carrying value">110,849,864</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_981_ecustom--EstimatedCarryingValue_iI_pp0p0_c20201231__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember_zMGbQsgj4OKa" style="text-align: right" title="Estimated carrying value">110,849,864</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_982_ecustom--CarryingValue_iI_pp0p0_c20201231__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember_zwyIqkf6N86a" style="border-bottom: Black 1pt solid; text-align: right" title="Carrying value">45,736,459</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_ecustom--EstimatedCarryingValue_iI_pp0p0_c20201231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember_zBX7mn9amr17" style="border-bottom: Black 1pt solid; text-align: right" title="Estimated carrying value"><span style="-sec-ix-hidden: xdx2ixbrl4269">-</span></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_ecustom--EstimatedCarryingValue_iI_pp0p0_c20201231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember_zE7KMvUw7th5" style="border-bottom: Black 1pt solid; text-align: right" title="Estimated carrying value"><span style="-sec-ix-hidden: xdx2ixbrl4271">-</span></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_ecustom--EstimatedCarryingValue_iI_pp0p0_c20201231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember_zuDzODg0TPqi" style="border-bottom: Black 1pt solid; text-align: right" title="Estimated carrying value">45,259,425</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_ecustom--EstimatedCarryingValue_iI_pp0p0_c20201231__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember_zHU6A5WEewL3" style="border-bottom: Black 1pt solid; text-align: right" title="Estimated carrying value">45,259,425</td><td style="padding-bottom: 1pt; 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_986_ecustom--CarryingValue_iI_pp0p0_c20201231__us-gaap--FinancialInstrumentAxis__custom--MortgageLoansNet1Member_ziEny1mcmeU3" style="text-align: right" title="Carrying value">249,343,936</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td id="xdx_980_ecustom--EstimatedCarryingValue_iI_pp0p0_c20201231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member__us-gaap--FinancialInstrumentAxis__custom--MortgageLoansNet1Member_zi5S2dnS9soe" style="text-align: right" title="Estimated carrying value"><span style="-sec-ix-hidden: xdx2ixbrl4279">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td id="xdx_98D_ecustom--EstimatedCarryingValue_iI_pp0p0_c20201231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member__us-gaap--FinancialInstrumentAxis__custom--MortgageLoansNet1Member_zMG9qZCaZka" style="text-align: right" title="Estimated carrying value"><span style="-sec-ix-hidden: xdx2ixbrl4281">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td id="xdx_983_ecustom--EstimatedCarryingValue_iI_pp0p0_c20201231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member__us-gaap--FinancialInstrumentAxis__custom--MortgageLoansNet1Member_zkhdP6lWjIy4" style="text-align: right" title="Estimated carrying value">256,493,572</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td id="xdx_98E_ecustom--EstimatedCarryingValue_iI_pp0p0_c20201231__us-gaap--FinancialInstrumentAxis__custom--MortgageLoansNet1Member_zj5cLbmsMh4i" style="text-align: right" title="Estimated carrying value">256,493,572</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_984_ecustom--CarryingValue_iI_pp0p0_c20201231__us-gaap--FinancialInstrumentAxis__custom--PolicyLoanMember_ztFTP0sr7iah" style="text-align: right" title="Carrying value">14,171,589</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98B_ecustom--EstimatedCarryingValue_iI_pp0p0_c20201231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member__us-gaap--FinancialInstrumentAxis__custom--PolicyLoanMember_zPK8Ddwuqy74" style="text-align: right" title="Estimated carrying value"><span style="-sec-ix-hidden: xdx2ixbrl4289">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_988_ecustom--EstimatedCarryingValue_iI_pp0p0_c20201231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member__us-gaap--FinancialInstrumentAxis__custom--PolicyLoanMember_zVvDOP1rrVrh" style="text-align: right" title="Estimated carrying value"><span style="-sec-ix-hidden: xdx2ixbrl4291">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_983_ecustom--EstimatedCarryingValue_iI_pp0p0_c20201231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member__us-gaap--FinancialInstrumentAxis__custom--PolicyLoanMember_zdzuR3S2lo7a" style="text-align: right" title="Estimated carrying value">14,171,589</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_989_ecustom--EstimatedCarryingValue_iI_pp0p0_c20201231__us-gaap--FinancialInstrumentAxis__custom--PolicyLoanMember_zDA9JtJS1HIc" style="text-align: right" title="Estimated carrying value">14,171,589</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td id="xdx_F45_z6uBd8now047" style="text-align: left">Insurance assignments, net (1)</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98A_ecustom--CarryingValue_iI_pp0p0_c20201231__us-gaap--FinancialInstrumentAxis__custom--InsuranceAssignmentsMember_fKDEp_zd7llG9tOMIj" style="text-align: right" title="Carrying value">51,585,656</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_983_ecustom--EstimatedCarryingValue_iI_pp0p0_c20201231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member__us-gaap--FinancialInstrumentAxis__custom--InsuranceAssignmentsMember_fKDEp_zJYaMdGAKtg2" style="text-align: right" title="Estimated carrying value"><span style="-sec-ix-hidden: xdx2ixbrl4299">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_981_ecustom--EstimatedCarryingValue_iI_pp0p0_c20201231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member__us-gaap--FinancialInstrumentAxis__custom--InsuranceAssignmentsMember_fKDEp_z27qO0hR8po" style="text-align: right" title="Estimated carrying value"><span style="-sec-ix-hidden: xdx2ixbrl4301">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_988_ecustom--EstimatedCarryingValue_iI_pp0p0_c20201231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member__us-gaap--FinancialInstrumentAxis__custom--InsuranceAssignmentsMember_fKDEp_z815l3PsGpGg" style="text-align: right" title="Estimated carrying value">51,585,656</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_985_ecustom--EstimatedCarryingValue_iI_pp0p0_c20201231__us-gaap--FinancialInstrumentAxis__custom--InsuranceAssignmentsMember_fKDEp_zOCa2Knnhnff" style="text-align: right" title="Estimated carrying value">51,585,656</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td id="xdx_F41_z7N95unQFbo6" style="text-align: left">Restricted assets (2)</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98F_ecustom--CarryingValue_iI_pp0p0_c20201231__us-gaap--FinancialInstrumentAxis__custom--RestrictedAssets1Member_fKDIp_zTo0YhYcOqI6" style="text-align: right" title="Carrying value">3,317,877</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98F_ecustom--EstimatedCarryingValue_iI_pp0p0_c20201231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member__us-gaap--FinancialInstrumentAxis__custom--RestrictedAssets1Member_fKDIp_zja26wGqJ1dl" style="text-align: right" title="Estimated carrying value"><span style="-sec-ix-hidden: xdx2ixbrl4309">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_981_ecustom--EstimatedCarryingValue_iI_pp0p0_c20201231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member__us-gaap--FinancialInstrumentAxis__custom--RestrictedAssets1Member_fKDIp_zFyAzS0SaiN6" style="text-align: right" title="Estimated carrying value"><span style="-sec-ix-hidden: xdx2ixbrl4311">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_987_ecustom--EstimatedCarryingValue_iI_pp0p0_c20201231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member__us-gaap--FinancialInstrumentAxis__custom--RestrictedAssets1Member_fKDIp_zz7IYEP11pHh" style="text-align: right" title="Estimated carrying value">3,317,877</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98C_ecustom--EstimatedCarryingValue_iI_pp0p0_c20201231__us-gaap--FinancialInstrumentAxis__custom--RestrictedAssets1Member_fKDIp_zUSDiPT4FTuc" style="text-align: right" title="Estimated carrying value">3,317,877</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td id="xdx_F49_zdG5cnyuSzpb" style="text-align: left">Cemetery perpetual care trust investments (2)</td><td> </td> <td style="text-align: left"> </td><td id="xdx_984_ecustom--CarryingValue_iI_pp0p0_c20201231__us-gaap--FinancialInstrumentAxis__custom--CemeteryPerpetualCareTrustInvestments2Member_fKDIp_zuDxVesVyaki" style="text-align: right" title="Carrying value">1,468,600</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98C_ecustom--EstimatedCarryingValue_iI_pp0p0_c20201231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member__us-gaap--FinancialInstrumentAxis__custom--CemeteryPerpetualCareTrustInvestments2Member_fKDIp_zZXwlv6lxNIg" style="text-align: right" title="Estimated carrying value"><span style="-sec-ix-hidden: xdx2ixbrl4319">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98C_ecustom--EstimatedCarryingValue_iI_pp0p0_c20201231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member__us-gaap--FinancialInstrumentAxis__custom--CemeteryPerpetualCareTrustInvestments2Member_fKDIp_z3lzEWViuMf" style="text-align: right" title="Estimated carrying value"><span style="-sec-ix-hidden: xdx2ixbrl4321">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_983_ecustom--EstimatedCarryingValue_iI_pp0p0_c20201231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member__us-gaap--FinancialInstrumentAxis__custom--CemeteryPerpetualCareTrustInvestments2Member_fKDIp_ziX0Fbo8sIN3" style="text-align: right" title="Estimated carrying value">1,468,600</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_987_ecustom--EstimatedCarryingValue_iI_pp0p0_c20201231__us-gaap--FinancialInstrumentAxis__custom--CemeteryPerpetualCareTrustInvestments2Member_fKDIp_zgwMYvKgqp6i" style="text-align: right" title="Estimated carrying value">1,468,600</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_ecustom--CarryingValue_iI_pp0p0_c20201231__us-gaap--FinancialInstrumentAxis__custom--MortgageServicingRightsMember_zS6jWO6Ewj8l" style="text-align: right" title="Carrying value">35,210,516</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98B_ecustom--EstimatedCarryingValue_iI_pp0p0_c20201231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member__us-gaap--FinancialInstrumentAxis__custom--MortgageServicingRightsMember_z6teReh9vJqh" style="text-align: right" title="Estimated carrying value"><span style="-sec-ix-hidden: xdx2ixbrl4329">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_989_ecustom--EstimatedCarryingValue_iI_pp0p0_c20201231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member__us-gaap--FinancialInstrumentAxis__custom--MortgageServicingRightsMember_zP6SUNBiCvA1" style="text-align: right" title="Estimated carrying value"><span style="-sec-ix-hidden: xdx2ixbrl4331">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_984_ecustom--EstimatedCarryingValue_iI_pp0p0_c20201231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member__us-gaap--FinancialInstrumentAxis__custom--MortgageServicingRightsMember_zL6MKgCkjiIk" style="text-align: right" title="Estimated carrying value">38,702,358</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98B_ecustom--EstimatedCarryingValue_iI_pp0p0_c20201231__us-gaap--FinancialInstrumentAxis__custom--MortgageServicingRightsMember_zyKihFpOzTpb" style="text-align: right" title="Estimated carrying value">38,702,358</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">$</td><td id="xdx_984_ecustom--CarryingValue_iI_pp0p0_c20201231__us-gaap--FinancialInstrumentAxis__custom--BankAndOtherLoansPayableMember_znR3OEl8nmr4" style="text-align: right" title="Carrying value">(297,824,368</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left">$</td><td id="xdx_983_ecustom--EstimatedCarryingValue_iI_pp0p0_c20201231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member__us-gaap--FinancialInstrumentAxis__custom--BankAndOtherLoansPayableMember_zoCyE2mrZgef" style="text-align: right" title="Estimated carrying value"><span style="-sec-ix-hidden: xdx2ixbrl4339">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td id="xdx_989_ecustom--EstimatedCarryingValue_iI_pp0p0_c20201231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member__us-gaap--FinancialInstrumentAxis__custom--BankAndOtherLoansPayableMember_zkOE9KwQPeD9" style="text-align: right" title="Estimated carrying value"><span style="-sec-ix-hidden: xdx2ixbrl4341">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td id="xdx_986_ecustom--EstimatedCarryingValue_iI_pp0p0_c20201231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member__us-gaap--FinancialInstrumentAxis__custom--BankAndOtherLoansPayableMember_zXCg7wuNICK6" style="text-align: right" title="Estimated carrying value">(297,824,368</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left">$</td><td id="xdx_982_ecustom--EstimatedCarryingValue_iI_pp0p0_c20201231__us-gaap--FinancialInstrumentAxis__custom--BankAndOtherLoansPayableMember_zuBLEJNaIE3b" style="text-align: right" title="Estimated carrying value">(297,824,368</td><td style="text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td id="xdx_F4E_zWkJuFtpGJIf" style="text-align: left">Policyholder account balances (3)</td><td> </td> <td style="text-align: left"> </td><td id="xdx_983_ecustom--CarryingValue_iI_pp0p0_c20201231__us-gaap--FinancialInstrumentAxis__custom--PolicyholderAccountBalancesMember_fKDMp_z7SRh46qFJ33" style="text-align: right" title="Carrying value">(44,026,809</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td id="xdx_987_ecustom--EstimatedCarryingValue_iI_pp0p0_c20201231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member__us-gaap--FinancialInstrumentAxis__custom--PolicyholderAccountBalancesMember_fKDMp_z503RKjf9o38" style="text-align: right" title="Estimated carrying value"><span style="-sec-ix-hidden: xdx2ixbrl4349">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_986_ecustom--EstimatedCarryingValue_iI_pp0p0_c20201231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member__us-gaap--FinancialInstrumentAxis__custom--PolicyholderAccountBalancesMember_fKDMp_ziHMq4IuDDl9" style="text-align: right" title="Estimated carrying value"><span style="-sec-ix-hidden: xdx2ixbrl4351">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98C_ecustom--EstimatedCarryingValue_iI_pp0p0_c20201231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member__us-gaap--FinancialInstrumentAxis__custom--PolicyholderAccountBalancesMember_fKDMp_z8HihJ5fDpw5" style="text-align: right" title="Estimated carrying value">(42,220,725</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td id="xdx_980_ecustom--EstimatedCarryingValue_iI_pp0p0_c20201231__us-gaap--FinancialInstrumentAxis__custom--PolicyholderAccountBalancesMember_fKDMp_zfitJRbJdrg" style="text-align: right" title="Estimated carrying value">(42,220,725</td><td style="text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td id="xdx_F44_zdCaDFR1SJCf" style="text-align: left">Future policy benefits - annuities (3)</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98D_ecustom--CarryingValue_iI_pp0p0_c20201231__us-gaap--FinancialInstrumentAxis__custom--FuturePolicyBenefitsAnnuitiesMember_fKDMp_zVRE3hWNneN2" style="text-align: right" title="Carrying value">(106,522,113</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td id="xdx_987_ecustom--EstimatedCarryingValue_iI_pp0p0_c20201231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member__us-gaap--FinancialInstrumentAxis__custom--FuturePolicyBenefitsAnnuitiesMember_fKDMp_znZidIIUfq52" style="text-align: right" title="Estimated carrying value"><span style="-sec-ix-hidden: xdx2ixbrl4359">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_989_ecustom--EstimatedCarryingValue_iI_pp0p0_c20201231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member__us-gaap--FinancialInstrumentAxis__custom--FuturePolicyBenefitsAnnuitiesMember_fKDMp_zdc1G9Q4Zn9k" style="text-align: right" title="Estimated carrying value"><span style="-sec-ix-hidden: xdx2ixbrl4361">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_983_ecustom--EstimatedCarryingValue_iI_pp0p0_c20201231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member__us-gaap--FinancialInstrumentAxis__custom--FuturePolicyBenefitsAnnuitiesMember_fKDMp_zmeDOJS6xYOd" style="text-align: right" title="Estimated carrying value">(112,354,186</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98F_ecustom--EstimatedCarryingValue_iI_pp0p0_c20201231__us-gaap--FinancialInstrumentAxis__custom--FuturePolicyBenefitsAnnuitiesMember_fKDMp_zqvhtsKQF6ki" style="text-align: right" title="Estimated carrying value">(112,354,186</td><td style="text-align: left">)</td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"/></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"/></p> <div style="width: 15%"><div style="border-top: Black 1pt solid; font-size: 1pt"> </div></div> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"/></p> <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: 0.15pc"><span id="xdx_F01_zblja1ohV4c4" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(1)</span></td> <td><span id="xdx_F13_zUYIy8AK0Ycc" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Included in other investments and policy loans on the consolidated balance sheets</span></td></tr> </table> <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: 0.15pc"><span id="xdx_F02_zIw7WVKF2al6" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(2)</span></td> <td><span id="xdx_F1E_zlP4dtAhNS1g" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Mortgage loans held for investment</span></td></tr> </table> <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: 0.15pc"><span id="xdx_F02_zoNYZ35hUi3c" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(3)</span></td> <td><span id="xdx_F1B_zqS8ZW1tBF51" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Included in future policy benefits and unpaid claims on the consolidated balance sheets</span></td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"/></p> <p id="xdx_8A4_zCDoEcBUXzf1" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The methods, assumptions and significant valuation techniques and inputs used to estimate the fair value of financial instruments are summarized as follows:</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><i><span style="text-decoration: underline">Mortgage Loans Held for Investment</span></i>: 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.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5in; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5in; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Residential — The estimated fair value of mortgage loans 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.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5in; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Residential Construction — These loans are primarily short in maturity. Accordingly, the estimated fair value is determined to be the carrying value.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5in; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">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.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><i><span style="text-decoration: underline">Policy Loans</span></i>: The carrying amounts reported in the accompanying 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.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><i><span style="text-decoration: underline">Insurance Assignments, Net</span></i>: These investments are short in maturity. Accordingly, the carrying amounts reported in the accompanying consolidated balance sheet for these financial instruments approximate their fair values.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">SECURITY NATIONAL FINANCIAL CORPORATION</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">AND SUBSIDIARIES</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Notes to Consolidated Financial Statements</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Years Ended December 31, 2021 and 2020</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><i> </i></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">17) <span style="text-decoration: underline">Fair Value of Financial Instruments (Continued)</span></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><i><span style="text-decoration: underline">Bank and Other Loans Payable</span></i>: The carrying amounts reported in the accompanying consolidated balance sheet for these financial instruments approximate their fair values due to their relatively short-term maturities and variable interest rates.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><i><span style="text-decoration: underline">Policyholder Account Balances and Future Policy Benefits-Annuities</span></i>: 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.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p id="xdx_898_eus-gaap--ScheduleOfFairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisTableTextBlock_zaTWGBgDILd5" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The following table summarizes Level 1, 2 and 3 financial assets and financial liabilities measured at fair value on a recurring basis by their classification in the consolidated balance sheet at December 31, 2021.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span id="xdx_8B4_zQjDY1bIZDV3" style="display: none">Schedule of Fair Value Assets and Liabilities Measured on a Recurring Basis</span><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <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">Total</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"><p style="margin-top: 0; margin-bottom: 0">Quoted Prices in Active Markets for Identical Assets</p> <p style="margin-top: 0; margin-bottom: 0">(Level 1)</p></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"><p style="margin-top: 0; margin-bottom: 0">Significant Observable Inputs</p> <p style="margin-top: 0; margin-bottom: 0">(Level 2)</p></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"><p style="margin-top: 0; margin-bottom: 0">Significant Unobservable Inputs</p> <p style="margin-top: 0; margin-bottom: 0">(Level 3)</p></td><td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left"><p style="margin-top: 0; margin-bottom: 0">Assets accounted for at fair value on a</p> <p style="margin-top: 0; margin-bottom: 0">recurring basis</p></td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="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: 36%; text-align: left">Fixed maturity securities available for sale</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_98C_eus-gaap--AvailableForSaleSecuritiesDebtSecuritiesCurrent_iI_pp0p0_c20211231_zSAkPc3EReV8" style="width: 12%; text-align: right" title="Fixed maturity securities available for sale">259,287,603</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_989_eus-gaap--AvailableForSaleSecuritiesDebtSecuritiesCurrent_iI_pp0p0_c20211231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member_zUbtiP3XojD6" style="width: 12%; text-align: right" title="Fixed maturity securities available for sale"><span style="-sec-ix-hidden: xdx2ixbrl3726">-</span></td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_98F_eus-gaap--AvailableForSaleSecuritiesDebtSecuritiesCurrent_iI_pp0p0_c20211231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member_zebgBxDIYSye" style="width: 12%; text-align: right" title="Fixed maturity securities available for sale">257,264,255</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_pp0p0_c20211231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member_zXMhRVxXEV4" style="width: 12%; text-align: right" title="Fixed maturity securities available for sale">2,023,348</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">Equity securities</td><td> </td> <td style="text-align: left"> </td><td id="xdx_989_ecustom--AvailableForSaleEquitySecurities_iI_pp0p0_c20211231_zWLFcTI6HUYe" style="text-align: right" title="Equity securities">11,596,414</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98C_ecustom--AvailableForSaleEquitySecurities_iI_pp0p0_c20211231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member_zNFSk4tLOYwi" style="text-align: right" title="Equity securities">11,596,414</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98D_ecustom--AvailableForSaleEquitySecurities_iI_pp0p0_c20211231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member_zxL3Ygyz4hV2" style="text-align: right" title="Equity securities"><span style="-sec-ix-hidden: xdx2ixbrl3736">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_984_ecustom--AvailableForSaleEquitySecurities_iI_pp0p0_c20211231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member_zoyKGe58eZNl" style="text-align: right" title="Equity securities"><span style="-sec-ix-hidden: xdx2ixbrl3738">-</span></td><td style="text-align: left"> </td></tr> <tr 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 id="xdx_985_eus-gaap--LoansHeldForSaleFairValueDisclosure_iI_pp0p0_c20211231_zsw0Pv6sjiD7" style="text-align: right" title="Loans held for sale">302,776,827</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_980_eus-gaap--LoansHeldForSaleFairValueDisclosure_iI_pp0p0_c20211231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member_zQD1Eb5FUcrf" style="text-align: right" title="Loans held for sale"><span style="-sec-ix-hidden: xdx2ixbrl3742">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_985_eus-gaap--LoansHeldForSaleFairValueDisclosure_iI_pp0p0_c20211231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member_zYZ4r6BxkPT" style="text-align: right" title="Loans held for sale"><span style="-sec-ix-hidden: xdx2ixbrl3744">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_984_eus-gaap--LoansHeldForSaleFairValueDisclosure_iI_pp0p0_c20211231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member_zzaFck8kToXf" style="text-align: right" title="Loans held for sale">302,776,827</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td id="xdx_F43_ziuL9L1GQAcd" style="text-align: left">Restricted assets (1)</td><td> </td> <td style="text-align: left"> </td><td id="xdx_984_ecustom--RestrictedAssetsOfCemeteriesAndMortuaries_iI_pp0p0_c20211231_fKDEp_zZsraIHZ6A4b" style="text-align: right" title="Restricted assets">1,601,688</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_987_ecustom--RestrictedAssetsOfCemeteriesAndMortuaries_iI_pp0p0_c20211231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member_fKDEp_zDCEt6MCmGS5" style="text-align: right" title="Restricted assets"><span style="-sec-ix-hidden: xdx2ixbrl3750">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_986_ecustom--RestrictedAssetsOfCemeteriesAndMortuaries_iI_pp0p0_c20211231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member_fKDEp_zvgGzhkfkcr5" style="text-align: right" title="Restricted assets">1,601,688</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_985_ecustom--RestrictedAssetsOfCemeteriesAndMortuaries_iI_pp0p0_c20211231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member_fKDEp_zgxfMkcotkol" style="text-align: right" title="Restricted assets"><span style="-sec-ix-hidden: xdx2ixbrl3754">-</span></td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td id="xdx_F48_zaYbRzJyDYWd" style="text-align: left">Restricted assets (2)</td><td> </td> <td style="text-align: left"> </td><td id="xdx_986_ecustom--RestrictedAssetsOfCemeteriesAndMortuaries1_iI_pp0p0_c20211231_fKDIp_zD8LTG2n2f7h" style="text-align: right" title="Restricted assets">3,603,822</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_982_ecustom--RestrictedAssetsOfCemeteriesAndMortuaries1_iI_pp0p0_c20211231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member_fKDIp_zMgc4tqKpITe" style="text-align: right" title="Restricted assets">3,603,822</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_985_ecustom--RestrictedAssetsOfCemeteriesAndMortuaries1_iI_pp0p0_c20211231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member_fKDIp_zyu5p1ACBe5a" style="text-align: right" title="Restricted assets"><span style="-sec-ix-hidden: xdx2ixbrl3760">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_981_ecustom--RestrictedAssetsOfCemeteriesAndMortuaries1_iI_pp0p0_c20211231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member_fKDIp_zBLuvpmJ9Jsc" style="text-align: right" title="Restricted assets"><span style="-sec-ix-hidden: xdx2ixbrl3762">-</span></td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td id="xdx_F47_zQU2QUixb7oj" style="text-align: left">Cemetery perpetual care trust investments (1)</td><td> </td> <td style="text-align: left"> </td><td id="xdx_983_ecustom--CemeteryPerpetualCareTrustInvestments1_iI_pp0p0_c20211231_fKDEp_z5lvyhewi2w2" style="text-align: right" title="Cemetery perpetual care trust investments">784,765</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98A_ecustom--CemeteryPerpetualCareTrustInvestments1_iI_pp0p0_c20211231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member_fKDEp_zHoTVOP9gsCd" style="text-align: right" title="Cemetery perpetual care trust investments"><span style="-sec-ix-hidden: xdx2ixbrl3766">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_989_ecustom--CemeteryPerpetualCareTrustInvestments1_iI_pp0p0_c20211231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member_fKDEp_zZdHVZsJgFab" style="text-align: right" title="Cemetery perpetual care trust investments">784,765</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_987_ecustom--CemeteryPerpetualCareTrustInvestments1_iI_pp0p0_c20211231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member_fKDEp_zbexFLoRbWHl" style="text-align: right" title="Cemetery perpetual care trust investments"><span style="-sec-ix-hidden: xdx2ixbrl3770">-</span></td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td id="xdx_F43_zWFjN67pxyb7" style="text-align: left">Cemetery perpetual care trust investments (2)</td><td> </td> <td style="text-align: left"> </td><td id="xdx_988_ecustom--CemeteryPerpetualCareTrustInvestments2_iI_pp0p0_c20211231_fKDIp_zjH6dNQAS4Ci" style="text-align: right" title="Cemetery perpetual care trust investments">3,302,480</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_983_ecustom--CemeteryPerpetualCareTrustInvestments2_iI_pp0p0_c20211231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member_fKDIp_z95vBLWpd4Ue" style="text-align: right" title="Cemetery perpetual care trust investments">3,302,480</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_987_ecustom--CemeteryPerpetualCareTrustInvestments2_iI_pp0p0_c20211231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member_fKDIp_zsp2E8e8Z1Q7" style="text-align: right" title="Cemetery perpetual care trust investments"><span style="-sec-ix-hidden: xdx2ixbrl3776">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98D_ecustom--CemeteryPerpetualCareTrustInvestments2_iI_pp0p0_c20211231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member_fKDIp_zgTc7WYzrQrc" style="text-align: right" title="Cemetery perpetual care trust investments"><span style="-sec-ix-hidden: xdx2ixbrl3778">-</span></td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td id="xdx_F46_zklHqDVIAIXl" 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 id="xdx_984_ecustom--DerivativesInterestRateLockCommitments_iI_pp0p0_c20211231_fKDMp_z9fepfbPK4Wj" style="border-bottom: Black 1pt solid; text-align: right" title="Derivatives - loan commitments">8,563,410</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_ecustom--DerivativesInterestRateLockCommitments_iI_pp0p0_c20211231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member_fKDMp_zJIJ4OG3drG6" style="border-bottom: Black 1pt solid; text-align: right" title="Derivatives - loan commitments"><span style="-sec-ix-hidden: xdx2ixbrl3782">-</span></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_ecustom--DerivativesInterestRateLockCommitments_iI_pp0p0_c20211231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member_fKDMp_z8OKUfmGPU67" style="border-bottom: Black 1pt solid; text-align: right" title="Derivatives - loan commitments"><span style="-sec-ix-hidden: xdx2ixbrl3784">-</span></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_ecustom--DerivativesInterestRateLockCommitments_iI_pp0p0_c20211231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member_fKDMp_zD635xKVEr04" style="border-bottom: Black 1pt solid; text-align: right" title="Derivatives - loan commitments">8,563,410</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 2.5pt"><p style="margin-top: 0; margin-bottom: 0">Total assets accounted for at fair value on a</p> <p style="margin-top: 0; margin-bottom: 0">recurring basis</p></td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_982_ecustom--AssetsFairValueDisclosureRecurring1_iI_pp0p0_c20211231_zegFF2teeL9" style="border-bottom: Black 2.5pt double; text-align: right" title="Total assets accounted for at fair value on a recurring basis">591,517,009</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_984_ecustom--AssetsFairValueDisclosureRecurring1_iI_pp0p0_c20211231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member_zDyYILkWiys7" style="border-bottom: Black 2.5pt double; text-align: right" title="Total assets accounted for at fair value on a recurring basis">18,502,716</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_983_ecustom--AssetsFairValueDisclosureRecurring1_iI_pp0p0_c20211231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member_z0Rqs71P5jIc" style="border-bottom: Black 2.5pt double; text-align: right" title="Total assets accounted for at fair value on a recurring basis">259,650,708</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98D_ecustom--AssetsFairValueDisclosureRecurring1_iI_pp0p0_c20211231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member_z9H60Wwqylne" style="border-bottom: Black 2.5pt double; text-align: right" title="Total assets accounted for at fair value on a recurring basis">313,363,585</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left"><p style="margin-top: 0; margin-bottom: 0">Liabilities accounted for at fair value on a</p> <p style="margin-top: 0; margin-bottom: 0">recurring basis</p></td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td id="xdx_F4C_zLNTPReei6Ff" style="text-align: left">Derivatives - call options (4)</td><td> </td> <td style="text-align: left">$</td><td id="xdx_98F_ecustom--DerivativesBankLoanInterestRateSwapsCallOptions_iI_pp0p0_c20211231_fKDQp_zZ89Cyrza2Mf" style="text-align: right" title="Derivatives - call options">(50,936</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left">$</td><td id="xdx_988_ecustom--DerivativesBankLoanInterestRateSwapsCallOptions_iI_pp0p0_c20211231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member_fKDQp_zaBnncTtQgrk" style="text-align: right" title="Derivatives - call options">(50,936</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left">$</td><td id="xdx_98C_ecustom--DerivativesBankLoanInterestRateSwapsCallOptions_iI_pp0p0_c20211231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member_fKDQp_zxZZNhVVgWi" style="text-align: right" title="Derivatives - call options"><span style="-sec-ix-hidden: xdx2ixbrl3800">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td id="xdx_98E_ecustom--DerivativesBankLoanInterestRateSwapsCallOptions_iI_pp0p0_c20211231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member_fKDQp_zjPeb55xPYs7" style="text-align: right" title="Derivatives - call options"><span style="-sec-ix-hidden: xdx2ixbrl3802">-</span></td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td id="xdx_F4C_z939ngD0HnG1" style="text-align: left">Derivatives - put options (4)</td><td> </td> <td style="text-align: left"> </td><td id="xdx_980_ecustom--DerivativesBankLoanInterestRateSwapsPutOptions_iI_pp0p0_c20211231_fKDQp_z2fC8POUGnZ9" style="text-align: right" title="Derivatives - put options">(4,493</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td id="xdx_983_ecustom--DerivativesBankLoanInterestRateSwapsPutOptions_iI_pp0p0_c20211231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member_fKDQp_zadIpPnITzsl" style="text-align: right" title="Derivatives - put options">(4,493</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td id="xdx_988_ecustom--DerivativesBankLoanInterestRateSwapsPutOptions_iI_pp0p0_c20211231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member_fKDQp_zFvjWhH5AE12" style="text-align: right" title="Derivatives - put options"><span style="-sec-ix-hidden: xdx2ixbrl3808">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_989_ecustom--DerivativesBankLoanInterestRateSwapsPutOptions_iI_pp0p0_c20211231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member_fKDQp_z3U0St8Cqi51" style="text-align: right" title="Derivatives - put options"><span style="-sec-ix-hidden: xdx2ixbrl3810">-</span></td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td id="xdx_F49_zd1luNdf3nRc" 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 id="xdx_985_ecustom--DerivativesBankLoanInterestRateSwapsInterestRateLockCommitments_iI_pp0p0_c20211231_fKDQp_zGuKXyqQGl5k" style="border-bottom: Black 1pt solid; text-align: right" title="Derivatives - loan commitments">(1,547,895</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_ecustom--DerivativesBankLoanInterestRateSwapsInterestRateLockCommitments_iI_pp0p0_c20211231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member_fKDQp_zDyVY5FpMERg" style="border-bottom: Black 1pt solid; text-align: right" title="Derivatives - loan commitments"><span style="-sec-ix-hidden: xdx2ixbrl3814">-</span></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_ecustom--DerivativesBankLoanInterestRateSwapsInterestRateLockCommitments_iI_pp0p0_c20211231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member_fKDQp_z6r1wkUGMlm2" style="border-bottom: Black 1pt solid; text-align: right" title="Derivatives - loan commitments"><span style="-sec-ix-hidden: xdx2ixbrl3816">-</span></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_ecustom--DerivativesBankLoanInterestRateSwapsInterestRateLockCommitments_iI_pp0p0_c20211231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member_fKDQp_zOymI2CH0m7e" style="border-bottom: Black 1pt solid; text-align: right" title="Derivatives - loan commitments">(1,547,895</td><td style="padding-bottom: 1pt; text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 2.5pt"><p style="margin-top: 0; margin-bottom: 0">Total liabilities accounted for at fair value</p> <p style="margin-top: 0; margin-bottom: 0">on a recurring basis</p></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--FairValueLiabilitiesMeasuredOnRecurringBasisObligations_iNI_pp0p0_di_c20211231_zzib21rZAdt1" style="border-bottom: Black 2.5pt double; text-align: right" title="Total liabilities accounted for at fair value on a recurring basis">(1,603,324</td><td style="padding-bottom: 2.5pt; text-align: left">)</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_983_eus-gaap--FairValueLiabilitiesMeasuredOnRecurringBasisObligations_iNI_pp0p0_di_c20211231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member_zBPRMOcYY1vi" style="border-bottom: Black 2.5pt double; text-align: right" title="Total liabilities accounted for at fair value on a recurring basis">(55,429</td><td style="padding-bottom: 2.5pt; text-align: left">)</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_985_eus-gaap--FairValueLiabilitiesMeasuredOnRecurringBasisObligations_iNI_pp0p0_di_c20211231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member_ziWy9tdF2OBb" style="border-bottom: Black 2.5pt double; text-align: right" title="Total liabilities accounted for at fair value on a recurring basis"><span style="-sec-ix-hidden: xdx2ixbrl3824">-</span></td><td style="padding-bottom: 2.5pt; 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--FairValueLiabilitiesMeasuredOnRecurringBasisObligations_iNI_pp0p0_di_c20211231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member_zAqSpKKHhYei" style="border-bottom: Black 2.5pt double; text-align: right" title="Total liabilities accounted for at fair value on a recurring basis">(1,547,895</td><td style="padding-bottom: 2.5pt; text-align: left">)</td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"/></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"/></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"/></p> <div style="width: 15%"><div style="border-top: Black 1pt solid; font-size: 1pt"> </div></div> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"/></p> <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: 0.15pc"><span id="xdx_F06_znBEXB8IORVg" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(1)</span></td> <td><span id="xdx_F1D_zbN5tszFLD94" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Fixed maturity securities available for sale</span></td></tr> </table> <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: 0.15pc"><span id="xdx_F09_zvMyYEpnhuth" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(2)</span></td> <td><span id="xdx_F14_zbNIcVgFP8Sf" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Equity securities</span></td></tr> </table> <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: 0.15pc"><span id="xdx_F03_zKGBD6Uba6Qk" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(3)</span></td> <td><span id="xdx_F1E_zFdJmmc84OGd" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Included in other assets on the consolidated balance sheets</span></td></tr> </table> <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: 0.15pc"><span id="xdx_F04_zThicl8fAGef" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(4)</span></td> <td><span id="xdx_F1E_ztBMy6vcXE87" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Included in other liabilities and accrued expenses on the consolidated balance sheets</span></td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">SECURITY NATIONAL FINANCIAL CORPORATION</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">AND SUBSIDIARIES</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Notes to Consolidated Financial Statements</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Years Ended December 31, 2021 and 2020</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><i> </i></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">17) <span style="text-decoration: underline">Fair Value of Financial Instruments (Continued)</span></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The following table summarizes Level 1, 2 and 3 financial assets and financial liabilities measured at fair value on a recurring basis by their classification in the consolidated balance sheet at December 31, 2020.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <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">Total</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"><p style="margin-top: 0; margin-bottom: 0">Quoted Prices in Active Markets</p> <p style="margin-top: 0; margin-bottom: 0">for Identical Assets</p> <p style="margin-top: 0; margin-bottom: 0">(Level 1)</p></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"><p style="margin-top: 0; margin-bottom: 0">Significant Observable Inputs</p> <p style="margin-top: 0; margin-bottom: 0">(Level 2)</p></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"><p style="margin-top: 0; margin-bottom: 0">Significant Unobservable Inputs</p> <p style="margin-top: 0; margin-bottom: 0">(Level 3)</p></td><td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left"><p style="margin-top: 0; margin-bottom: 0">Assets accounted for at fair value on a</p> <p style="margin-top: 0; margin-bottom: 0"> recurring basis</p></td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="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: 36%; text-align: left">Fixed maturity securities available for sale</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_98D_eus-gaap--AvailableForSaleSecuritiesDebtSecuritiesCurrent_iI_pp0p0_c20201231_zyYuPQiLsho" style="width: 12%; text-align: right" title="Fixed maturity securities available for sale">294,656,679</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_981_eus-gaap--AvailableForSaleSecuritiesDebtSecuritiesCurrent_iI_pp0p0_c20201231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member_zofiBheFpdal" style="width: 12%; text-align: right" title="Fixed maturity securities available for sale"><span style="-sec-ix-hidden: xdx2ixbrl3834">-</span></td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_98B_eus-gaap--AvailableForSaleSecuritiesDebtSecuritiesCurrent_iI_pp0p0_c20201231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member_zyuBi9fyz7Wa" style="width: 12%; text-align: right" title="Fixed maturity securities available for sale">292,455,504</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_c20201231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member_zDy3rJEHaB8h" style="width: 12%; text-align: right" title="Fixed maturity securities available for sale">2,201,175</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">Equity securities</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98B_ecustom--AvailableForSaleEquitySecurities_iI_pp0p0_c20201231_zrdHLwbEWSP4" style="text-align: right" title="Equity securities">11,324,239</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_981_ecustom--AvailableForSaleEquitySecurities_iI_pp0p0_c20201231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member_zVjJK7RNLfIf" style="text-align: right" title="Equity securities">11,324,239</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_984_ecustom--AvailableForSaleEquitySecurities_iI_pp0p0_c20201231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member_z1vlS9qdz9Y4" style="text-align: right" title="Equity securities"><span style="-sec-ix-hidden: xdx2ixbrl3844">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_986_ecustom--AvailableForSaleEquitySecurities_iI_pp0p0_c20201231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member_z0f8kvrWUaD4" style="text-align: right" title="Equity securities"><span style="-sec-ix-hidden: xdx2ixbrl3846">-</span></td><td style="text-align: left"> </td></tr> <tr 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 id="xdx_98B_eus-gaap--LoansHeldForSaleFairValueDisclosure_iI_pp0p0_c20201231_zBpFNQCbJy8h" style="text-align: right" title="Loans held for sale">422,772,418</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98A_eus-gaap--LoansHeldForSaleFairValueDisclosure_iI_pp0p0_c20201231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member_zrAxid7Qk5Oi" style="text-align: right" title="Loans held for sale"><span style="-sec-ix-hidden: xdx2ixbrl3850">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_983_eus-gaap--LoansHeldForSaleFairValueDisclosure_iI_pp0p0_c20201231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member_z0mtJXuKSQll" style="text-align: right" title="Loans held for sale"><span style="-sec-ix-hidden: xdx2ixbrl3852">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_988_eus-gaap--LoansHeldForSaleFairValueDisclosure_iI_pp0p0_c20201231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member_zaN6SFNC5Zck" style="text-align: right" title="Loans held for sale">422,772,418</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td id="xdx_F44_zKLnDNa1GxEa" style="text-align: left">Restricted assets (1)</td><td> </td> <td style="text-align: left"> </td><td id="xdx_985_ecustom--RestrictedAssetsOfCemeteriesAndMortuaries_iI_pp0p0_c20201231_fKDEp_zGGw8IJHB7m6" style="text-align: right" title="Restricted assets">1,473,637</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_981_ecustom--RestrictedAssetsOfCemeteriesAndMortuaries_iI_pp0p0_c20201231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member_fKDEp_znmh0vUFr6hl" style="text-align: right" title="Restricted assets"><span style="-sec-ix-hidden: xdx2ixbrl3858">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98B_ecustom--RestrictedAssetsOfCemeteriesAndMortuaries_iI_pp0p0_c20201231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member_fKDEp_zGNWU2pTSrij" style="text-align: right" title="Restricted assets">1,473,637</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_988_ecustom--RestrictedAssetsOfCemeteriesAndMortuaries_iI_pp0p0_c20201231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member_fKDEp_z11yj730ftq8" style="text-align: right" title="Restricted assets"><span style="-sec-ix-hidden: xdx2ixbrl3862">-</span></td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td id="xdx_F48_zUhKKyNzZKPk" style="text-align: left">Restricted assets (2)</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98F_ecustom--RestrictedAssetsOfCemeteriesAndMortuaries1_iI_pp0p0_c20201231_fKDIp_zxy9Sw50nZFa" style="text-align: right" title="Restricted assets">2,515,778</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_988_ecustom--RestrictedAssetsOfCemeteriesAndMortuaries1_iI_pp0p0_c20201231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member_fKDIp_zDg8eccYsMb" style="text-align: right" title="Restricted assets">2,515,778</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_982_ecustom--RestrictedAssetsOfCemeteriesAndMortuaries1_iI_pp0p0_c20201231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member_fKDIp_zV8sLHVuAoZ7" style="text-align: right" title="Restricted assets"><span style="-sec-ix-hidden: xdx2ixbrl3868">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98F_ecustom--RestrictedAssetsOfCemeteriesAndMortuaries1_iI_pp0p0_c20201231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member_fKDIp_ziljyRElP2C5" style="text-align: right" title="Restricted assets"><span style="-sec-ix-hidden: xdx2ixbrl3870">-</span></td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td id="xdx_F40_zZT3QU2RrGxe" style="text-align: left">Cemetery perpetual care trust investments (1)</td><td> </td> <td style="text-align: left"> </td><td id="xdx_984_ecustom--CemeteryPerpetualCareTrustInvestments1_iI_pp0p0_c20201231_fKDEp_zXU4jyt2gWs7" style="text-align: right" title="Cemetery perpetual care trust investments">747,767</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98B_ecustom--CemeteryPerpetualCareTrustInvestments1_iI_pp0p0_c20201231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member_fKDEp_zdiSRv9B3UEh" style="text-align: right" title="Cemetery perpetual care trust investments"><span style="-sec-ix-hidden: xdx2ixbrl3874">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_987_ecustom--CemeteryPerpetualCareTrustInvestments1_iI_pp0p0_c20201231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member_fKDEp_z2qlgY9jSM0l" style="text-align: right" title="Cemetery perpetual care trust investments">747,767</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98D_ecustom--CemeteryPerpetualCareTrustInvestments1_iI_pp0p0_c20201231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member_fKDEp_zfd8fY77coec" style="text-align: right" title="Cemetery perpetual care trust investments"><span style="-sec-ix-hidden: xdx2ixbrl3878">-</span></td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td id="xdx_F47_z1Zqr89LhvPg" style="text-align: left">Cemetery perpetual care trust investments (2)</td><td> </td> <td style="text-align: left"> </td><td id="xdx_986_ecustom--CemeteryPerpetualCareTrustInvestments2_iI_pp0p0_c20201231_fKDIp_zvNy5MPaJ3E3" style="text-align: right" title="Cemetery perpetual care trust investments">2,062,303</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_980_ecustom--CemeteryPerpetualCareTrustInvestments2_iI_pp0p0_c20201231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member_fKDIp_zbKJWb96FRWb" style="text-align: right" title="Cemetery perpetual care trust investments">2,062,303</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98D_ecustom--CemeteryPerpetualCareTrustInvestments2_iI_pp0p0_c20201231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member_fKDIp_zCu9GWW1bg5e" style="text-align: right" title="Cemetery perpetual care trust investments"><span style="-sec-ix-hidden: xdx2ixbrl3884">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_987_ecustom--CemeteryPerpetualCareTrustInvestments2_iI_pp0p0_c20201231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member_fKDIp_zpE4kr5LHm5d" style="text-align: right" title="Cemetery perpetual care trust investments"><span style="-sec-ix-hidden: xdx2ixbrl3886">-</span></td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td id="xdx_F43_zgkR5C8U59O2" 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 id="xdx_98D_ecustom--DerivativesInterestRateLockCommitments_iI_pp0p0_c20201231_fKDMp_zo82LBzRMUC6" style="border-bottom: Black 1pt solid; text-align: right" title="Derivatives - loan commitments">12,592,672</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_ecustom--DerivativesInterestRateLockCommitments_iI_pp0p0_c20201231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member_fKDMp_zHcKqLYcoEO9" style="border-bottom: Black 1pt solid; text-align: right" title="Derivatives - loan commitments"><span style="-sec-ix-hidden: xdx2ixbrl3890">-</span></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_ecustom--DerivativesInterestRateLockCommitments_iI_pp0p0_c20201231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member_fKDMp_zoymgl5PzSbi" style="border-bottom: Black 1pt solid; text-align: right" title="Derivatives - loan commitments"><span style="-sec-ix-hidden: xdx2ixbrl3892">-</span></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_ecustom--DerivativesInterestRateLockCommitments_iI_pp0p0_c20201231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member_fKDMp_zo1zfAXHKDK3" style="border-bottom: Black 1pt solid; text-align: right" title="Derivatives - loan commitments">12,592,672</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 2.5pt"><p style="margin-top: 0; margin-bottom: 0">Total assets accounted for at fair value on a</p> <p style="margin-top: 0; margin-bottom: 0">recurring basis</p></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--AssetsFairValueDisclosureRecurring1_iI_pp0p0_c20201231_zSCwVNm8JBnj" style="border-bottom: Black 2.5pt double; text-align: right" title="Total assets accounted for at fair value on a recurring basis">748,145,493</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">$</td><td id="xdx_982_ecustom--AssetsFairValueDisclosureRecurring1_iI_pp0p0_c20201231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member_zOH3n3LnKJGi" style="border-bottom: Black 2.5pt double; text-align: right" title="Total assets accounted for at fair value on a recurring basis">15,902,320</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98F_ecustom--AssetsFairValueDisclosureRecurring1_iI_pp0p0_c20201231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member_zPJIlllvYBjb" style="border-bottom: Black 2.5pt double; text-align: right" title="Total assets accounted for at fair value on a recurring basis">294,676,908</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">$</td><td id="xdx_98E_ecustom--AssetsFairValueDisclosureRecurring1_iI_pp0p0_c20201231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member_z5E1P8YDwLYj" style="border-bottom: Black 2.5pt double; text-align: right" title="Total assets accounted for at fair value on a recurring basis">437,566,265</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left"><p style="margin-top: 0; margin-bottom: 0">Liabilities accounted for at fair value on a</p> <p style="margin-top: 0; margin-bottom: 0"> recurring basis</p></td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td id="xdx_F41_z8Bl9cQP1VAk" style="text-align: left">Derivatives - call options (4)</td><td> </td> <td style="text-align: left">$</td><td id="xdx_98B_ecustom--DerivativesBankLoanInterestRateSwapsCallOptions_iI_pp0p0_c20201231_fKDQp_zqEngA3lDuU4" style="text-align: right" title="Derivatives - call options">(43,097</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left">$</td><td id="xdx_985_ecustom--DerivativesBankLoanInterestRateSwapsCallOptions_iI_pp0p0_c20201231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member_fKDQp_zOq99NDMm522" style="text-align: right" title="Derivatives - call options">(43,097</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left">$</td><td id="xdx_98A_ecustom--DerivativesBankLoanInterestRateSwapsCallOptions_iI_pp0p0_c20201231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member_fKDQp_zOEF31pOddr6" style="text-align: right" title="Derivatives - call options"><span style="-sec-ix-hidden: xdx2ixbrl3908">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td id="xdx_98E_ecustom--DerivativesBankLoanInterestRateSwapsCallOptions_iI_pp0p0_c20201231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member_fKDQp_zhNASF04HEtd" style="text-align: right" title="Derivatives - call options"><span style="-sec-ix-hidden: xdx2ixbrl3910">-</span></td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td id="xdx_F48_zjSyFKw6qhYl" 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 id="xdx_98D_ecustom--DerivativesBankLoanInterestRateSwapsInterestRateLockCommitments_iI_pp0p0_c20201231_fKDQp_zRmtvFRexG62" style="border-bottom: Black 1pt solid; text-align: right" title="Derivatives - loan commitments">(2,464,062</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_ecustom--DerivativesBankLoanInterestRateSwapsInterestRateLockCommitments_iI_pp0p0_c20201231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member_fKDQp_zfVpF6g8bwbl" style="border-bottom: Black 1pt solid; text-align: right" title="Derivatives - loan commitments"><span style="-sec-ix-hidden: xdx2ixbrl3914">-</span></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_ecustom--DerivativesBankLoanInterestRateSwapsInterestRateLockCommitments_iI_pp0p0_c20201231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member_fKDQp_zZcdZeAO4NC6" style="border-bottom: Black 1pt solid; text-align: right" title="Derivatives - loan commitments"><span style="-sec-ix-hidden: xdx2ixbrl3916">-</span></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_ecustom--DerivativesBankLoanInterestRateSwapsInterestRateLockCommitments_iI_pp0p0_c20201231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member_fKDQp_z2LxIHSS6Kfl" style="border-bottom: Black 1pt solid; text-align: right" title="Derivatives - loan commitments">(2,464,062</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; padding-bottom: 2.5pt"><p style="margin-top: 0; margin-bottom: 0">Total liabilities accounted for at fair value</p> <p style="margin-top: 0; margin-bottom: 0">on a recurring basis</p></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--FairValueLiabilitiesMeasuredOnRecurringBasisObligations_iNI_pp0p0_di_c20201231_zzH1fBbUivzg" style="border-bottom: Black 2.5pt double; text-align: right" title="Total liabilities accounted for at fair value on a recurring basis">(2,507,159</td><td style="padding-bottom: 2.5pt; text-align: left">)</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98C_eus-gaap--FairValueLiabilitiesMeasuredOnRecurringBasisObligations_iNI_pp0p0_di_c20201231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member_zaYeIba6hOdf" style="border-bottom: Black 2.5pt double; text-align: right" title="Total liabilities accounted for at fair value on a recurring basis">(43,097</td><td style="padding-bottom: 2.5pt; text-align: left">)</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_981_eus-gaap--FairValueLiabilitiesMeasuredOnRecurringBasisObligations_iNI_pp0p0_di_c20201231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member_zaHnXz38T4b8" style="border-bottom: Black 2.5pt double; text-align: right" title="Total liabilities accounted for at fair value on a recurring basis"><span style="-sec-ix-hidden: xdx2ixbrl3924">-</span></td><td style="padding-bottom: 2.5pt; 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--FairValueLiabilitiesMeasuredOnRecurringBasisObligations_iNI_pp0p0_di_c20201231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member_zK4HkRNMYAAg" style="border-bottom: Black 2.5pt double; text-align: right" title="Total liabilities accounted for at fair value on a recurring basis">(2,464,062</td><td style="padding-bottom: 2.5pt; text-align: left">)</td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0"/> <div style="width: 25%"><div style="border-top: Black 1pt solid; font-size: 1pt"> </div></div> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0"/> <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: 0.15pc"><span id="xdx_F01_zzCS6q9DT8Nj" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(1)</span></td> <td><span id="xdx_F15_z8sPcZYfCkzj" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Fixed maturity securities available for sale</span></td></tr> </table> <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: 0.15pc"><span id="xdx_F0D_z8DvoNe7ut16" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(2)</span></td> <td><span id="xdx_F1D_zwfktZry3ew5" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Equity securities</span></td></tr> </table> <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: 0.15pc"><span id="xdx_F0C_zkvskUMwHV62" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(3)</span></td> <td><span id="xdx_F14_zSbphOHn81R5" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Included in other assets on the consolidated balance sheets</span></td></tr> </table> <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: 0.15pc"><span id="xdx_F00_zDudgeWhS1Db" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(4)</span></td> <td><span id="xdx_F1F_z61RzbKEdT61" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Included in other liabilities and accrued expenses on the consolidated balance sheets</span></td></tr> </table> 259287603 257264255 2023348 11596414 11596414 302776827 302776827 1601688 1601688 3603822 3603822 784765 784765 3302480 3302480 8563410 8563410 591517009 18502716 259650708 313363585 -50936 -50936 -4493 -4493 -1547895 -1547895 1603324 55429 1547895 294656679 292455504 2201175 11324239 11324239 422772418 422772418 1473637 1473637 2515778 2515778 747767 747767 2062303 2062303 12592672 12592672 748145493 15902320 294676908 437566265 -43097 -43097 -2464062 -2464062 2507159 43097 2464062 <p id="xdx_898_eus-gaap--FairValueLiabilitiesMeasuredOnRecurringBasisTextBlock_z7c8Ngtvym4g" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">For Level 3 assets and liabilities measured at fair value on a recurring basis as of December 31, 2021, the significant unobservable inputs used in the fair value measurements were as follows:</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span id="xdx_8BB_z5OsEebA07O8" style="display: none">Assets and Liabilities Measured at Fair Value on A Recurring Basis</span><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <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">12/31/2021</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: 13%; 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_ecustom--FairValueBalance_iI_pp0p0_c20211231__us-gaap--SubsidiarySaleOfStockAxis__custom--LoansHeldForSale1Member_zUUSqALVeX0b" style="width: 11%; text-align: right" title="Fair value balance">302,776,827</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 11%; text-align: left">Market approach</td><td style="width: 2%"> </td> <td style="width: 19%; 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 id="xdx_98E_ecustom--FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetAndLiabilityRangeOfInputsMinimum_pid_dp_uPure_c20210101__20211231__us-gaap--SubsidiarySaleOfStockAxis__custom--LoansHeldForSale1Member_z9ae0MlSjXAh" style="width: 8%; text-align: right" title="Fair value measurement, range of inputs, minimum value">95.0</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--FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetAndLiabilityRangeOfInputsMaximum_pid_dp_uPure_c20210101__20211231__us-gaap--SubsidiarySaleOfStockAxis__custom--LoansHeldForSale1Member_z6ZuWaftbBpk" style="width: 8%; text-align: right" title="Fair value measurement, range of inputs, minimum value">109.0</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_ecustom--FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetAndLiabilityWeightedAverage_pid_dp_uPure_c20210101__20211231__us-gaap--SubsidiarySaleOfStockAxis__custom--LoansHeldForSale1Member_zLqHMTgFM78c" style="width: 10%; text-align: right" title="Fair value measurement with unobservable inputs reconciliation, recurring basis, asset and liability, weighted average">103.0</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_984_ecustom--FairValueBalance_iI_pp0p0_c20211231__us-gaap--SubsidiarySaleOfStockAxis__custom--NetDerivativesLoanCommitmentsMember_zseZD4Zaxngd" style="text-align: right" title="Fair value balance">7,015,515</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 id="xdx_985_ecustom--FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetAndLiabilityRangeOfInputsMinimum_pid_dp_uPure_c20210101__20211231__us-gaap--SubsidiarySaleOfStockAxis__custom--NetDerivativesLoanCommitmentsMember_zqOmwnBzuXSl" style="text-align: right" title="Fair value measurement, range of inputs, minimum value">66.0</td><td style="text-align: left">%</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98C_ecustom--FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetAndLiabilityRangeOfInputsMaximum_pid_dp_uPure_c20210101__20211231__us-gaap--SubsidiarySaleOfStockAxis__custom--NetDerivativesLoanCommitmentsMember_znoeh76ABag5" style="text-align: right" title="Fair value measurement, range of inputs, minimum value">95.0</td><td style="text-align: left">%</td><td> </td> <td style="text-align: left"> </td><td id="xdx_981_ecustom--FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetAndLiabilityWeightedAverage_pid_dp_uPure_c20210101__20211231__us-gaap--SubsidiarySaleOfStockAxis__custom--NetDerivativesLoanCommitmentsMember_zSFFMQSUMCGg" style="text-align: right" title="Fair value measurement with unobservable inputs reconciliation, recurring basis, asset and liability, weighted average">81.0</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>Initial-Value</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">N/A</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">N/A</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">N/A</span></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"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">0 bps</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">148 bps</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">61 bps</span></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_98C_ecustom--FairValueBalance_iI_pp0p0_c20211231__us-gaap--SubsidiarySaleOfStockAxis__custom--FixedMaturitySecuritiesAvailableForSale1Member_zxIPn0P6ftxc" style="text-align: right" title="Fair value balance">2,023,348</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">$</td><td id="xdx_989_ecustom--FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetAndLiabilityRangeOfInputsMinimum_pid_dp_c20210101__20211231__us-gaap--SubsidiarySaleOfStockAxis__custom--FixedMaturitySecuritiesAvailableForSale1Member_zgeNXhAnEemk" style="text-align: right" title="Fair value measurement, range of inputs, minimum value">96.87</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td id="xdx_981_ecustom--FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetAndLiabilityRangeOfInputsMaximum_pid_dp_uPure_c20210101__20211231__us-gaap--SubsidiarySaleOfStockAxis__custom--FixedMaturitySecuritiesAvailableForSale1Member_zRR2E0hPbGY5" style="text-align: right" title="Fair value measurement, range of inputs, minimum value">111.11</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td id="xdx_980_ecustom--FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetAndLiabilityWeightedAverage_pid_dp_uPure_c20210101__20211231__us-gaap--SubsidiarySaleOfStockAxis__custom--FixedMaturitySecuritiesAvailableForSale1Member_zaz0Hrcenot5" style="text-align: right" title="Fair value measurement with unobservable inputs reconciliation, recurring basis, asset and liability, weighted average">106.73</td><td style="text-align: left"> </td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: center"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">SECURITY NATIONAL FINANCIAL CORPORATION</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">AND SUBSIDIARIES</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Notes to Consolidated Financial Statements</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Years Ended December 31, 2021 and 2020</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><i> </i></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">17) <span style="text-decoration: underline">Fair Value of Financial Instruments (Continued)</span></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">For Level 3 assets and liabilities measured at fair value on a recurring basis as of December 31, 2020, the significant unobservable inputs used in the fair value measurements were as follows:</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <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">12/31/2020</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: 13%; text-align: left">Loans held for sale</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_98E_ecustom--FairValueBalance_iI_pp0p0_c20201231__us-gaap--SubsidiarySaleOfStockAxis__custom--LoansHeldForSale1Member_zASMe4m6lEb9" style="width: 11%; text-align: right" title="Fair value balance">422,772,418</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 11%; text-align: left">Market approach</td><td style="width: 2%"> </td> <td style="width: 19%; 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 id="xdx_981_ecustom--FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetAndLiabilityRangeOfInputsMinimum_pid_dp_uPure_c20200101__20201231__us-gaap--SubsidiarySaleOfStockAxis__custom--LoansHeldForSale1Member_zO4GahvkuVu4" style="width: 8%; text-align: right" title="Fair value measurement, range of inputs, minimum value">99.0</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--FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetAndLiabilityRangeOfInputsMaximum_pid_dp_c20200101__20201231__us-gaap--SubsidiarySaleOfStockAxis__custom--LoansHeldForSale1Member_zCctnO7VNRDa" style="width: 8%; text-align: right" title="Fair value measurement, range of inputs, minimum value">110.0</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--FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetAndLiabilityWeightedAverage_pid_dp_uPure_c20200101__20201231__us-gaap--SubsidiarySaleOfStockAxis__custom--LoansHeldForSale1Member_zLmk5xOZDJB8" style="width: 10%; text-align: right" title="Fair value measurement with unobservable inputs reconciliation, recurring basis, asset and liability, weighted average">104.0</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_985_ecustom--FairValueBalance_iI_pp0p0_c20201231__us-gaap--SubsidiarySaleOfStockAxis__custom--NetDerivativesLoanCommitmentsMember_zRAcxI0SJ5P2" style="text-align: right" title="Fair value balance">10,128,610</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 id="xdx_985_ecustom--FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetAndLiabilityRangeOfInputsMinimum_pid_dp_uPure_c20200101__20201231__us-gaap--SubsidiarySaleOfStockAxis__custom--NetDerivativesLoanCommitmentsMember_zut6QCHtkEwh" style="text-align: right" title="Fair value measurement, range of inputs, minimum value">52.0</td><td style="text-align: left">%</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98D_ecustom--FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetAndLiabilityRangeOfInputsMaximum_pid_dp_uPure_c20200101__20201231__us-gaap--SubsidiarySaleOfStockAxis__custom--NetDerivativesLoanCommitmentsMember_zPWttNiiSDy6" style="text-align: right" title="Fair value measurement, range of inputs, minimum value">92.0</td><td style="text-align: left">%</td><td> </td> <td style="text-align: left"> </td><td id="xdx_981_ecustom--FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetAndLiabilityWeightedAverage_pid_dp_uPure_c20200101__20201231__us-gaap--SubsidiarySaleOfStockAxis__custom--NetDerivativesLoanCommitmentsMember_zW9Uc6mUvDK2" style="text-align: right" title="Fair value measurement with unobservable inputs reconciliation, recurring basis, asset and liability, weighted average">81.0</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>Initial-Value</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">N/A</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">N/A</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">N/A</span></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"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">0 bps</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">184 bps</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">58 bps</span></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_98F_ecustom--FairValueBalance_iI_pp0p0_c20201231__us-gaap--SubsidiarySaleOfStockAxis__custom--FixedMaturitySecuritiesAvailableForSale1Member_zyL8DvbKdMN2" style="text-align: right" title="Fair value balance">2,201,175</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">$</td><td id="xdx_987_ecustom--FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetAndLiabilityRangeOfInputsMinimum_pid_dp_uPure_c20200101__20201231__us-gaap--SubsidiarySaleOfStockAxis__custom--FixedMaturitySecuritiesAvailableForSale1Member_zuiDeuo95dje" style="text-align: right" title="Fair value measurement, range of inputs, minimum value">90.83</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td id="xdx_98A_ecustom--FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetAndLiabilityRangeOfInputsMaximum_pid_dp_uPure_c20200101__20201231__us-gaap--SubsidiarySaleOfStockAxis__custom--FixedMaturitySecuritiesAvailableForSale1Member_zv9VVy39fCCa" style="text-align: right" title="Fair value measurement, range of inputs, minimum value">119.33</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td id="xdx_988_ecustom--FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetAndLiabilityWeightedAverage_pid_dp_uPure_c20200101__20201231__us-gaap--SubsidiarySaleOfStockAxis__custom--FixedMaturitySecuritiesAvailableForSale1Member_zsjG7PwvI2he" style="text-align: right" title="Fair value measurement with unobservable inputs reconciliation, recurring basis, asset and liability, weighted average">113.47</td><td style="text-align: left"> </td></tr> </table> 302776827 0.950 1.090 1.030 7015515 0.660 0.950 0.810 2023348 0.9687 1.1111 1.0673 422772418 0.990 1.100 1.040 10128610 0.520 0.920 0.810 2201175 0.9083 1.1933 1.1347 <p id="xdx_89B_ecustom--ScheduleOfChangesInTheConsolidatedBalanceSheetLineItemsMeasuredUsingLevel3InputsTableTextBlock_zy61E7sLxDR3" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Following is a summary of changes in the consolidated balance sheet line items measured using level 3 inputs:</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span id="xdx_8B5_zDMWhXCGPq25" style="display: none">Schedule of Changes in the Consolidated Balance Sheet Line Items Measured Using Level 3 Inputs</span><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <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"><p style="margin-top: 0; margin-bottom: 0">Net Derivatives</p> <p style="margin-top: 0; margin-bottom: 0">Loan</p> <p style="margin-top: 0; margin-bottom: 0">Commitments</p></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"><p style="margin-top: 0; margin-bottom: 0">Loans Held for</p> <p style="margin-top: 0; margin-bottom: 0">Sale</p></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"><p style="margin-top: 0; margin-bottom: 0">Fixed Maturity Securities</p> <p style="margin-top: 0; margin-bottom: 0">Available for Sale</p></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></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 40%">Balance - December 31, 2020</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_986_ecustom--FairValueBalance_iS_pp0p0_c20210101__20211231__us-gaap--SubsidiarySaleOfStockAxis__custom--NetDerivativesLoanCommitmentsMember_zAVfUJKjykfl" style="width: 16%; text-align: right" title="Fair value balance">10,128,610</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_988_ecustom--FairValueBalance_iS_pp0p0_c20210101__20211231__us-gaap--SubsidiarySaleOfStockAxis__custom--LoansHeldForSale1Member_zTu98OOcY3fh" style="width: 16%; text-align: right" title="Fair value balance">422,772,418</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_98E_ecustom--FairValueBalance_iS_pp0p0_c20210101__20211231__us-gaap--SubsidiarySaleOfStockAxis__custom--FixedMaturitySecuritiesAvailableForSale1Member_zBjNstJiogU3" style="width: 16%; text-align: right" title="Fair value balance">2,201,175</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td>Originations/purchases</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98E_ecustom--Originations_pp0p0_c20210101__20211231__us-gaap--SubsidiarySaleOfStockAxis__custom--NetDerivativesLoanCommitmentsMember_zlIceH4sA3I" style="text-align: right" title="Originations and purchases"><span style="-sec-ix-hidden: xdx2ixbrl3990">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_984_ecustom--Originations_pp0p0_c20210101__20211231__us-gaap--SubsidiarySaleOfStockAxis__custom--LoansHeldForSale1Member_zARqLwZOb6Ld" style="text-align: right" title="Originations and purchases">5,611,189,587</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98F_ecustom--Originations_pp0p0_c20210101__20211231__us-gaap--SubsidiarySaleOfStockAxis__custom--FixedMaturitySecuritiesAvailableForSale1Member_zRJcYYDs2xV6" style="text-align: right" title="Originations and purchases"><span style="-sec-ix-hidden: xdx2ixbrl3994">-</span></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_pp0p0_c20210101__20211231__us-gaap--SubsidiarySaleOfStockAxis__custom--NetDerivativesLoanCommitmentsMember_zVooa8WvDiqh" style="text-align: right" title="Sales, maturities and paydowns"><span style="-sec-ix-hidden: xdx2ixbrl3996">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98E_ecustom--Sales_pp0p0_c20210101__20211231__us-gaap--SubsidiarySaleOfStockAxis__custom--LoansHeldForSale1Member_zuWPRYan4wae" style="text-align: right" title="Sales, maturities and paydowns">(5,900,076,766</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td id="xdx_984_ecustom--Sales_pp0p0_c20210101__20211231__us-gaap--SubsidiarySaleOfStockAxis__custom--FixedMaturitySecuritiesAvailableForSale1Member_zLC1Ry9SfeH2" style="text-align: right" title="Sales, maturities and paydowns">(45,700</td><td style="text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Transfer to mortgage loans held for investment</td><td> </td> <td style="text-align: left"> </td><td id="xdx_981_ecustom--TransferToMortgageLoansHeldForInvestment_pp0p0_c20210101__20211231__us-gaap--SubsidiarySaleOfStockAxis__custom--NetDerivativesLoanCommitmentsMember_z1HgRzk2Zq29" style="text-align: right" title="Transfer to mortgage loans held for investment"><span style="-sec-ix-hidden: xdx2ixbrl4002">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98D_ecustom--TransferToMortgageLoansHeldForInvestment_pp0p0_c20210101__20211231__us-gaap--SubsidiarySaleOfStockAxis__custom--LoansHeldForSale1Member_zFchVg7arXqe" style="text-align: right" title="Transfer to mortgage loans held for investment">(201,951</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td id="xdx_983_ecustom--TransferToMortgageLoansHeldForInvestment_pp0p0_c20210101__20211231__us-gaap--SubsidiarySaleOfStockAxis__custom--FixedMaturitySecuritiesAvailableForSale1Member_ztKtP1xZ0tIa" style="text-align: right" title="Transfer to mortgage loans held for investment"><span style="-sec-ix-hidden: xdx2ixbrl4006">-</span></td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <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: White"> <td style="padding-left: 10pt; text-align: left">Included in earnings</td><td> </td> <td style="text-align: left"> </td><td id="xdx_980_ecustom--FairValueLossesGainsIncludedInEarnings_pp0p0_c20210101__20211231__us-gaap--SubsidiarySaleOfStockAxis__custom--NetDerivativesLoanCommitmentsMember_fKDEp_zGTwxRM2OWO2" style="text-align: right" title="Total gains (losses) included in earnings">(3,113,095</td><td id="xdx_F2B_zbL9Dj1xZgR9" style="text-align: left">)(1)</td><td> </td> <td style="text-align: left"> </td><td id="xdx_989_ecustom--FairValueLossesGainsIncludedInEarnings_pp0p0_c20210101__20211231__us-gaap--SubsidiarySaleOfStockAxis__custom--LoansHeldForSale1Member_fKDEp_zj0swMUHAsv9" style="text-align: right" title="Total gains (losses) included in earnings"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">169,093,539</span></td><td id="xdx_F25_zrKKmbTdJ6Mh" style="text-align: left">(1)</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98F_ecustom--FairValueLossesGainsIncludedInEarnings_pp0p0_c20210101__20211231__us-gaap--SubsidiarySaleOfStockAxis__custom--FixedMaturitySecuritiesAvailableForSale1Member_fKDIp_zi9qjL2HxUFf" style="text-align: right" title="Total gains (losses) included in earnings"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">3,674</span></td><td id="xdx_F2F_ztyh5PcDfKUe" style="text-align: left">(2)</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 10pt; text-align: left">Included in other comprehensive income</td><td> </td> <td style="text-align: left"> </td><td id="xdx_988_ecustom--TotalGainsLossesIncludedInOtherComprehensiveIncome_pp0p0_c20210101__20211231__us-gaap--SubsidiarySaleOfStockAxis__custom--NetDerivativesLoanCommitmentsMember_zrKSeQX1oUOf" style="text-align: right" title="Total gains (losses) included in other comprehensive income"><span style="-sec-ix-hidden: xdx2ixbrl4014">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98B_ecustom--TotalGainsLossesIncludedInOtherComprehensiveIncome_pp0p0_c20210101__20211231__us-gaap--SubsidiarySaleOfStockAxis__custom--LoansHeldForSale1Member_zauRrCE53Yga" style="text-align: right" title="Total gains (losses) included in other comprehensive income"><span style="-sec-ix-hidden: xdx2ixbrl4016">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_980_ecustom--TotalGainsLossesIncludedInOtherComprehensiveIncome_pp0p0_c20210101__20211231__us-gaap--SubsidiarySaleOfStockAxis__custom--FixedMaturitySecuritiesAvailableForSale1Member_zlkjevSjlieg" style="text-align: right" title="Total gains (losses) included in other comprehensive income">(135,801</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></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-bottom: 2.5pt">Balance - December 31, 2021</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98E_ecustom--FairValueBalance_iE_pp0p0_c20210101__20211231__us-gaap--SubsidiarySaleOfStockAxis__custom--NetDerivativesLoanCommitmentsMember_zXpgOsk9bLl1" style="border-bottom: Black 2.5pt double; text-align: right" title="Fair Value balance">7,015,515</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_982_ecustom--FairValueBalance_iE_pp0p0_c20210101__20211231__us-gaap--SubsidiarySaleOfStockAxis__custom--LoansHeldForSale1Member_zLU5F4en3JFl" style="border-bottom: Black 2.5pt double; text-align: right" title="Fair value balance">302,776,827</td><td style="padding-bottom: 2.5pt; 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_ecustom--FairValueBalance_iE_pp0p0_c20210101__20211231__us-gaap--SubsidiarySaleOfStockAxis__custom--FixedMaturitySecuritiesAvailableForSale1Member_zDhGTaXdYL71" style="border-bottom: Black 2.5pt double; text-align: right" title="Fair value balance">2,023,348</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <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: 0.15pc"><span id="xdx_F0C_zUuCFmnzm5sd" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(1)</span></td> <td><span id="xdx_F15_zm3y8KIYthbg" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">As a component of mortgage fee income on the consolidated statements of earnings</span></td></tr> </table> <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: 0.15pc"><span id="xdx_F0E_zEYv98yNTQd4" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(2)</span></td> <td><span id="xdx_F13_zwuIjW6SVqX2" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">As a component of net investment income on the consolidated statements of earnings</span></td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Following is a summary of changes in the consolidated balance sheet line items measured using level 3 inputs:</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <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"><p style="margin-top: 0; margin-bottom: 0">Net Derivatives</p> <p style="margin-top: 0; margin-bottom: 0">Loan</p> <p style="margin-top: 0; margin-bottom: 0">Commitments</p></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"><p style="margin-top: 0; margin-bottom: 0">Loans Held for</p> <p style="margin-top: 0; margin-bottom: 0">Sale</p></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"><p style="margin-top: 0; margin-bottom: 0">Fixed Maturity Securities</p> <p style="margin-top: 0; margin-bottom: 0">Available for Sale</p></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></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 40%">Balance - December 31, 2019</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_98E_ecustom--FairValueBalance_iS_pp0p0_c20200101__20201231__us-gaap--SubsidiarySaleOfStockAxis__custom--NetDerivativesLoanCommitmentsMember_zp112rTJu366" style="width: 16%; text-align: right" title="Fair value balance">2,491,233</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_98A_ecustom--FairValueBalance_iS_pp0p0_c20200101__20201231__us-gaap--SubsidiarySaleOfStockAxis__custom--LoansHeldForSale1Member_zkJTs7SYfWe6" style="width: 16%; text-align: right" title="Fair value balance">213,457,632</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_98E_ecustom--FairValueBalance_iS_pp0p0_c20200101__20201231__us-gaap--SubsidiarySaleOfStockAxis__custom--FixedMaturitySecuritiesAvailableForSale1Member_z40LwVVsS5i" style="width: 16%; text-align: right" title="Fair value balance">3,216,382</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td>Originations/purchases</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98E_ecustom--Originations_pp0p0_c20200101__20201231__us-gaap--SubsidiarySaleOfStockAxis__custom--NetDerivativesLoanCommitmentsMember_zHePbnDfSgA1" style="text-align: right" title="Originations and purchases"><span style="-sec-ix-hidden: xdx2ixbrl4034">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_989_ecustom--Originations_pp0p0_c20200101__20201231__us-gaap--SubsidiarySaleOfStockAxis__custom--LoansHeldForSale1Member_zXNXRMe7awY4" style="text-align: right" title="Originations and purchases">5,627,013,749</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_983_ecustom--Originations_pp0p0_c20200101__20201231__us-gaap--SubsidiarySaleOfStockAxis__custom--FixedMaturitySecuritiesAvailableForSale1Member_z3JaLzUfFJS8" style="text-align: right" title="Originations and purchases"><span style="-sec-ix-hidden: xdx2ixbrl4038">-</span></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_989_ecustom--Sales_pp0p0_c20200101__20201231__us-gaap--SubsidiarySaleOfStockAxis__custom--NetDerivativesLoanCommitmentsMember_zMf6EaCn0lmj" style="text-align: right" title="Sales, maturities and paydowns"><span style="-sec-ix-hidden: xdx2ixbrl4040">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98F_ecustom--Sales_pp0p0_c20200101__20201231__us-gaap--SubsidiarySaleOfStockAxis__custom--LoansHeldForSale1Member_z62CSiJax39h" style="text-align: right" title="Sales, maturities and paydowns">(5,600,045,285</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98C_ecustom--Sales_pp0p0_c20200101__20201231__us-gaap--SubsidiarySaleOfStockAxis__custom--FixedMaturitySecuritiesAvailableForSale1Member_zwE6sccReon1" style="text-align: right" title="Sales, maturities and paydowns">(1,042,400</td><td style="text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Transfer to mortgage loans held for investment</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98A_ecustom--TransferToMortgageLoansHeldForInvestment_pp0p0_c20200101__20201231__us-gaap--SubsidiarySaleOfStockAxis__custom--NetDerivativesLoanCommitmentsMember_zLitCRjYE1Uh" style="text-align: right" title="Transfer to mortgage loans held for investment"><span style="-sec-ix-hidden: xdx2ixbrl4046">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_980_ecustom--TransferToMortgageLoansHeldForInvestment_pp0p0_c20200101__20201231__us-gaap--SubsidiarySaleOfStockAxis__custom--LoansHeldForSale1Member_zinJxlXHlfA4" style="text-align: right" title="Transfer to mortgage loans held for investment">(16,960,549</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td id="xdx_986_ecustom--TransferToMortgageLoansHeldForInvestment_pp0p0_c20200101__20201231__us-gaap--SubsidiarySaleOfStockAxis__custom--FixedMaturitySecuritiesAvailableForSale1Member_zouGsHzR5j4l" style="text-align: right" title="Transfer to mortgage loans held for investment"><span style="-sec-ix-hidden: xdx2ixbrl4050">-</span></td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <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: White"> <td style="padding-left: 10pt; text-align: left">Included in earnings</td><td> </td> <td style="text-align: left"> </td><td id="xdx_988_ecustom--FairValueLossesGainsIncludedInEarnings_pp0p0_c20200101__20201231__us-gaap--SubsidiarySaleOfStockAxis__custom--NetDerivativesLoanCommitmentsMember_fKDEp_zpjzkFbLx8qi" style="text-align: right" title="Total gains (losses) included in earnings"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">7,637,377</span></td><td id="xdx_F2C_znFqJxpf0Gpl" style="text-align: left">(1)</td><td> </td> <td style="text-align: left"> </td><td id="xdx_980_ecustom--FairValueLossesGainsIncludedInEarnings_pp0p0_c20200101__20201231__us-gaap--SubsidiarySaleOfStockAxis__custom--LoansHeldForSale1Member_fKDEp_zfD1oaJUHY27" style="text-align: right" title="Total gains (losses) included in earnings"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">199,306,871</span></td><td id="xdx_F28_zClFxSVauyeh" style="text-align: left">(1)</td><td> </td> <td style="text-align: left"> </td><td id="xdx_984_ecustom--FairValueLossesGainsIncludedInEarnings_pp0p0_c20200101__20201231__us-gaap--SubsidiarySaleOfStockAxis__custom--FixedMaturitySecuritiesAvailableForSale1Member_fKDIp_z1AoCm1BmDsa" style="text-align: right" title="Total gains (losses) included in earnings"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">3,408</span></td><td id="xdx_F2F_zJaTnkbng1Zd" style="text-align: left">(2)</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 10pt; text-align: left">Included in other comprehensive income</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98B_ecustom--TotalGainsLossesIncludedInOtherComprehensiveIncome_pp0p0_c20200101__20201231__us-gaap--SubsidiarySaleOfStockAxis__custom--NetDerivativesLoanCommitmentsMember_zNIrlZhxYVUi" style="text-align: right" title="Total gains (losses) included in other comprehensive income"><span style="-sec-ix-hidden: xdx2ixbrl4058">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_989_ecustom--TotalGainsLossesIncludedInOtherComprehensiveIncome_pp0p0_c20200101__20201231__us-gaap--SubsidiarySaleOfStockAxis__custom--LoansHeldForSale1Member_zfMpEnehZZy9" style="text-align: right" title="Total gains (losses) included in other comprehensive income"><span style="-sec-ix-hidden: xdx2ixbrl4060">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_981_ecustom--TotalGainsLossesIncludedInOtherComprehensiveIncome_pp0p0_c20200101__20201231__us-gaap--SubsidiarySaleOfStockAxis__custom--FixedMaturitySecuritiesAvailableForSale1Member_zI0EodgZ80S3" style="text-align: right" title="Total gains (losses) included in other comprehensive income">23,785</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></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-bottom: 2.5pt">Balance - December 31, 2020</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_981_ecustom--FairValueBalance_iE_pp0p0_c20200101__20201231__us-gaap--SubsidiarySaleOfStockAxis__custom--NetDerivativesLoanCommitmentsMember_zO1ssDHHp3Qj" style="border-bottom: Black 2.5pt double; text-align: right" title="Fair value balance">10,128,610</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_989_ecustom--FairValueBalance_iE_pp0p0_c20200101__20201231__us-gaap--SubsidiarySaleOfStockAxis__custom--LoansHeldForSale1Member_zpzNFxGMNCV" style="border-bottom: Black 2.5pt double; text-align: right" title="Fair value balance">422,772,418</td><td style="padding-bottom: 2.5pt; 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_ecustom--FairValueBalance_iE_pp0p0_c20200101__20201231__us-gaap--SubsidiarySaleOfStockAxis__custom--FixedMaturitySecuritiesAvailableForSale1Member_zJWHXsr8BZ1b" style="border-bottom: Black 2.5pt double; text-align: right" title="Fair value balance">2,201,175</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <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: 0.15pc"><span id="xdx_F03_zkaa1G0SmT4g" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(1)</span></td> <td><span id="xdx_F1B_zuzWIycjtZi3" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">As a component of mortgage fee income on the consolidated statements of earnings</span></td></tr> </table> <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: 0.15pc"><span id="xdx_F0B_zmZbOe2ASpre" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(2)</span></td> <td><span id="xdx_F1D_ziaJuXpEVYSi" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">As a component of net investment income on the consolidated statements of earnings</span></td></tr> </table> 10128610 422772418 2201175 5611189587 -5900076766 -45700 -201951 -3113095 169093539 3674 -135801 7015515 302776827 2023348 2491233 213457632 3216382 5627013749 -5600045285 -1042400 -16960549 7637377 199306871 3408 23785 10128610 422772418 2201175 <p id="xdx_891_eus-gaap--FairValueAssetsMeasuredOnNonrecurringBasisTextBlock_ziFaK9u7Fl2g" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The following tables summarize Level 1, 2 and 3 financial assets and financial liabilities measured at fair value on a nonrecurring basis by their classification in the consolidated balance sheet at December 31, 2021.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span id="xdx_8BC_z96ptJVOTfLl" style="display: none">Schedule of Fair Value Assets Measured on a Nonrecurring Basis</span><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <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">Total</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"><p style="margin-top: 0; margin-bottom: 0">Quoted Prices in Active Markets</p> <p style="margin-top: 0; margin-bottom: 0">for Identical</p> <p style="margin-top: 0; margin-bottom: 0">Assets</p> <p style="margin-top: 0; margin-bottom: 0">(Level 1)</p></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"><p style="margin-top: 0; margin-bottom: 0">Significant Observable</p> <p style="margin-top: 0; margin-bottom: 0">Inputs</p> <p style="margin-top: 0; margin-bottom: 0">(Level 2)</p></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"><p style="margin-top: 0; margin-bottom: 0">Significant Unobservable Inputs</p> <p style="margin-top: 0; margin-bottom: 0">(Level 3)</p></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 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: 36%; text-align: left">Impaired mortgage loans held for investment</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_980_eus-gaap--MortgageLoansOnRealEstate_iI_pp0p0_c20211231_zyBDiqEsevJ7" style="width: 12%; text-align: right" title="Impaired mortgage loans held for investment">851,903</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_98E_eus-gaap--MortgageLoansOnRealEstate_iI_pp0p0_c20211231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member_zn7muDF6RlAl" style="width: 12%; text-align: right" title="Impaired mortgage loans held for investment"><span style="-sec-ix-hidden: xdx2ixbrl4076">-</span></td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_980_eus-gaap--MortgageLoansOnRealEstate_iI_pp0p0_c20211231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member_zQ4PugXOHfW8" style="width: 12%; text-align: right" title="Impaired mortgage loans held for investment"><span style="-sec-ix-hidden: xdx2ixbrl4078">-</span></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--MortgageLoansOnRealEstate_iI_pp0p0_c20211231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member_zfP2pVmames2" style="width: 12%; text-align: right" title="Impaired mortgage loans held for investment">851,903</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: 1pt">Impaired real estate held for sale</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_980_ecustom--ImpairedRealEstateHeldForInvestment_iI_pp0p0_c20211231_znuS0XNePob1" style="border-bottom: Black 1pt solid; text-align: right" title="Impaired real estate held for investment">2,000,000</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_987_ecustom--ImpairedRealEstateHeldForInvestment_iI_pp0p0_c20211231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member_zW597YTIS16" style="border-bottom: Black 1pt solid; text-align: right" title="Impaired real estate held for investment"><span style="-sec-ix-hidden: xdx2ixbrl4084">-</span></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_ecustom--ImpairedRealEstateHeldForInvestment_iI_pp0p0_c20211231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member_zPzRUdU3Hw6i" style="border-bottom: Black 1pt solid; text-align: right" title="Impaired real estate held for investment"><span style="-sec-ix-hidden: xdx2ixbrl4086">-</span></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_ecustom--ImpairedRealEstateHeldForInvestment_iI_pp0p0_c20211231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member_zaY1v9eVaZ9b" style="border-bottom: Black 1pt solid; text-align: right" title="Impaired real estate held for investment">2,000,000</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr 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 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_987_ecustom--AssetsFairValueDisclosureNonrecurring2_iI_pp0p0_c20211231_zwgoZyKHPHO9" style="border-bottom: Black 2.5pt double; text-align: right" title="Assets fair value disclosure nonrecurring">2,851,903</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_983_ecustom--AssetsFairValueDisclosureNonrecurring2_iI_pp0p0_c20211231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member_zolp6zGDKqE5" style="border-bottom: Black 2.5pt double; text-align: right" title="Assets fair value disclosure nonrecurring"><span style="-sec-ix-hidden: xdx2ixbrl4092">-</span></td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98A_ecustom--AssetsFairValueDisclosureNonrecurring2_iI_pp0p0_c20211231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member_zIz8zajRTvYh" style="border-bottom: Black 2.5pt double; text-align: right" title="Assets fair value disclosure nonrecurring"><span style="-sec-ix-hidden: xdx2ixbrl4094">-</span></td><td style="padding-bottom: 2.5pt; 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_ecustom--AssetsFairValueDisclosureNonrecurring2_iI_pp0p0_c20211231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member_zNBWpXsB3mz7" style="border-bottom: Black 2.5pt double; text-align: right" title="Assets fair value disclosure nonrecurring">2,851,903</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The following tables summarize Level 1, 2 and 3 financial assets and financial liabilities measured at fair value on a nonrecurring basis by their classification in the consolidated balance sheet at December 31, 2020.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">  </span></p> <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">Total</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"><p style="margin-top: 0; margin-bottom: 0">Quoted Prices in Active Markets</p> <p style="margin-top: 0; margin-bottom: 0">for Identical</p> <p style="margin-top: 0; margin-bottom: 0">Assets</p> <p style="margin-top: 0; margin-bottom: 0">(Level 1)</p></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"><p style="margin-top: 0; margin-bottom: 0">Significant Observable</p> <p style="margin-top: 0; margin-bottom: 0">Inputs</p> <p style="margin-top: 0; margin-bottom: 0">(Level 2)</p></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"><p style="margin-top: 0; margin-bottom: 0">Significant Unobservable Inputs</p> <p style="margin-top: 0; margin-bottom: 0">(Level 3)</p></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  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: 36%; text-align: left">Impaired mortgage loans held for investment</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_98F_eus-gaap--MortgageLoansOnRealEstate_iI_pp0p0_c20201231_z1lpyXBNa4M7" style="width: 12%; text-align: right" title="Impaired mortgage loans held for investment">1,297,356</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_986_eus-gaap--MortgageLoansOnRealEstate_iI_pp0p0_c20201231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member_zfu6OnzyH926" style="width: 12%; text-align: right" title="Impaired mortgage loans held for investment"><span style="-sec-ix-hidden: xdx2ixbrl4100">-</span></td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_985_eus-gaap--MortgageLoansOnRealEstate_iI_pp0p0_c20201231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member_znfkylLQjQY" style="width: 12%; text-align: right" title="Impaired mortgage loans held for investment"><span style="-sec-ix-hidden: xdx2ixbrl4102">-</span></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--MortgageLoansOnRealEstate_iI_pp0p0_c20201231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member_zFhq9dPiXu4a" style="width: 12%; text-align: right" title="Impaired mortgage loans held for investment">1,297,356</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: 1pt">Impaired real estate held for sale</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_987_ecustom--ImpairedRealEstateHeldForInvestment_iI_pp0p0_c20201231_zb54AcODNV1" style="border-bottom: Black 1pt solid; text-align: right" title="Impaired real estate held for investment">4,249,000</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_984_ecustom--ImpairedRealEstateHeldForInvestment_iI_pp0p0_c20201231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member_zWItnhgolsV2" style="border-bottom: Black 1pt solid; text-align: right" title="Impaired real estate held for investment"><span style="-sec-ix-hidden: xdx2ixbrl4108">-</span></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_ecustom--ImpairedRealEstateHeldForInvestment_iI_pp0p0_c20201231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member_zdyPYmSAyDvk" style="border-bottom: Black 1pt solid; text-align: right" title="Impaired real estate held for investment"><span style="-sec-ix-hidden: xdx2ixbrl4110">-</span></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_ecustom--ImpairedRealEstateHeldForInvestment_iI_pp0p0_c20201231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member_zvSFEdTBncbf" style="border-bottom: Black 1pt solid; text-align: right" title="Impaired real estate held for investment">4,249,000</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr 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 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_c20201231_zw3p0wFs4596" style="border-bottom: Black 2.5pt double; text-align: right" title="Assets fair value disclosure nonrecurring">5,546,356</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_984_ecustom--AssetsFairValueDisclosureNonrecurring2_iI_pp0p0_c20201231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member_zKBeUqUZBkqd" style="border-bottom: Black 2.5pt double; text-align: right" title="Assets fair value disclosure nonrecurring"><span style="-sec-ix-hidden: xdx2ixbrl4116">-</span></td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_983_ecustom--AssetsFairValueDisclosureNonrecurring2_iI_pp0p0_c20201231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member_zBkZ6BunDkGd" style="border-bottom: Black 2.5pt double; text-align: right" title="Assets fair value disclosure nonrecurring"><span style="-sec-ix-hidden: xdx2ixbrl4118">-</span></td><td style="padding-bottom: 2.5pt; 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_ecustom--AssetsFairValueDisclosureNonrecurring2_iI_pp0p0_c20201231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member_z7Vu8V1D8Ai1" style="border-bottom: Black 2.5pt double; text-align: right" title="Assets fair value disclosure nonrecurring">5,546,356</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> 851903 851903 2000000 2000000 2851903 2851903 1297356 1297356 4249000 4249000 5546356 5546356 <p id="xdx_89B_ecustom--ScheduleOfFinancialInstrumentsCarriedAtOtherThanFairValueTableTextBlock_zrIQNDQ7XkE4" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">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, 2021:</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span id="xdx_8B7_zzeFqH6lHJ2k" style="display: none">Schedule of Financial Instruments Carried at Other Than Fair Value</span> </span></p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 95%"> <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">Carrying 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">Level 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">Level 2</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">Level 3</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 Estimated Fair Value</td><td style="padding-bottom: 1pt"> </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_988_ecustom--CarryingValue_iI_pp0p0_c20211231__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember_zoMDA5jGTOsb" style="width: 9%; text-align: right" title="Carrying value">51,396,172</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_981_ecustom--EstimatedCarryingValue_iI_pp0p0_c20211231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember_zG82Qoz5p1Qg" style="width: 9%; text-align: right" title="Estimated carrying value"><span style="-sec-ix-hidden: xdx2ixbrl4126">-</span></td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_98D_ecustom--EstimatedCarryingValue_iI_pp0p0_c20211231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember_zTYfCE9ynRgg" style="width: 9%; text-align: right" title="Estimated carrying value"><span style="-sec-ix-hidden: xdx2ixbrl4128">-</span></td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_98B_ecustom--EstimatedCarryingValue_iI_pp0p0_c20211231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember_zbDNvwU9ncnj" style="width: 9%; text-align: right" title="Estimated carrying value">55,159,167</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_98F_ecustom--EstimatedCarryingValue_iI_pp0p0_c20211231__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember_zCqS23VvNhzc" style="width: 9%; text-align: right" title="Estimated carrying value">55,159,167</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_984_ecustom--CarryingValue_iI_pp0p0_c20211231__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember_zvTMiaNYzHjg" style="text-align: right" title="Carrying value">174,691,408</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98F_ecustom--EstimatedCarryingValue_iI_pp0p0_c20211231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember_znMi675j3FIc" style="text-align: right" title="Estimated carrying value"><span style="-sec-ix-hidden: xdx2ixbrl4136">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98C_ecustom--EstimatedCarryingValue_iI_pp0p0_c20211231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember_z4arlDGPwA4d" style="text-align: right" title="Estimated carrying value"><span style="-sec-ix-hidden: xdx2ixbrl4138">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98A_ecustom--EstimatedCarryingValue_iI_pp0p0_c20211231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member__us-gaap--FinancialInstrumentAxis__us-gaap--FairValueInputsLevel3Member_z2ZxrNQzvYmg" style="text-align: right" title="Estimated carrying value">174,691,408</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98A_ecustom--EstimatedCarryingValue_iI_pp0p0_c20211231__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember_zPAQVw0l81Dk" style="text-align: right" title="Estimated carrying value">174,691,408</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_989_ecustom--CarryingValue_iI_pp0p0_c20211231__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember_zRvSG32HaOSg" style="border-bottom: Black 1pt solid; text-align: right" title="Carrying value">51,218,466</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_ecustom--EstimatedCarryingValue_iI_pp0p0_c20211231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember_z1GjkiGMU4zh" style="border-bottom: Black 1pt solid; text-align: right" title="Estimated carrying value"><span style="-sec-ix-hidden: xdx2ixbrl4146">-</span></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_ecustom--EstimatedCarryingValue_iI_pp0p0_c20211231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember_zgqmcT2OZvYc" style="border-bottom: Black 1pt solid; text-align: right" title="Estimated carrying value"><span style="-sec-ix-hidden: xdx2ixbrl4148">-</span></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_ecustom--EstimatedCarryingValue_iI_pp0p0_c20211231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember_zN3H60ol5BB4" style="border-bottom: Black 1pt solid; text-align: right" title="Estimated carrying value">51,008,709</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_ecustom--EstimatedCarryingValue_iI_pp0p0_c20211231__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember_zzGZHfNfZGaj" style="border-bottom: Black 1pt solid; text-align: right" title="Estimated carrying value">51,008,709</td><td style="padding-bottom: 1pt; 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">$</td><td id="xdx_988_ecustom--CarryingValue_iI_pp0p0_c20211231__us-gaap--FinancialInstrumentAxis__custom--MortgageLoansNet1Member_zVSJ4TXFTNU" style="text-align: right" title="Carrying value">277,306,046</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td id="xdx_98A_ecustom--EstimatedCarryingValue_iI_pp0p0_c20211231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member__us-gaap--FinancialInstrumentAxis__custom--MortgageLoansNet1Member_zDU3pMQBPSd7" style="text-align: right" title="Estimated carrying value"><span style="-sec-ix-hidden: xdx2ixbrl4156">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td id="xdx_981_ecustom--EstimatedCarryingValue_iI_pp0p0_c20211231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member__us-gaap--FinancialInstrumentAxis__custom--MortgageLoansNet1Member_z5f2UZVO2brd" style="text-align: right" title="Estimated carrying value"><span style="-sec-ix-hidden: xdx2ixbrl4158">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td id="xdx_985_ecustom--EstimatedCarryingValue_iI_pp0p0_c20211231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member__us-gaap--FinancialInstrumentAxis__custom--MortgageLoansNet1Member_zeBL6mlYN4b8" style="text-align: right" title="Estimated carrying value">280,859,284</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td id="xdx_984_ecustom--EstimatedCarryingValue_iI_pp0p0_c20211231__us-gaap--FinancialInstrumentAxis__custom--MortgageLoansNet1Member_znQ5gPoXes01" style="text-align: right" title="Estimated carrying value">280,859,284</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_980_ecustom--CarryingValue_iI_pp0p0_c20211231__us-gaap--FinancialInstrumentAxis__custom--PolicyLoanMember_zSNzDhpU8VL5" style="text-align: right" title="Carrying value">13,478,214</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98B_ecustom--EstimatedCarryingValue_iI_pp0p0_c20211231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member__us-gaap--FinancialInstrumentAxis__custom--PolicyLoanMember_zsLEX1MfLyxk" style="text-align: right" title="Estimated carrying value"><span style="-sec-ix-hidden: xdx2ixbrl4166">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_982_ecustom--EstimatedCarryingValue_iI_pp0p0_c20211231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member__us-gaap--FinancialInstrumentAxis__custom--PolicyLoanMember_zXNAe6m68lhb" style="text-align: right" title="Estimated carrying value"><span style="-sec-ix-hidden: xdx2ixbrl4168">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98D_ecustom--EstimatedCarryingValue_iI_pp0p0_c20211231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member__us-gaap--FinancialInstrumentAxis__custom--PolicyLoanMember_zeCcij26342d" style="text-align: right" title="Estimated carrying value">13,478,214</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_980_ecustom--EstimatedCarryingValue_iI_pp0p0_c20211231__us-gaap--FinancialInstrumentAxis__custom--PolicyLoanMember_zxBBuoO12alj" style="text-align: right" title="Estimated carrying value">13,478,214</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td id="xdx_F4C_z8MEyoOc0FQ5" style="text-align: left">Insurance assignments, net (1)</td><td> </td> <td style="text-align: left"> </td><td id="xdx_982_ecustom--CarryingValue_iI_pp0p0_c20211231__us-gaap--FinancialInstrumentAxis__custom--InsuranceAssignmentsMember_fKDEp_zX3DzKZLZLT6" style="text-align: right" title="Carrying value">46,946,590</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_987_ecustom--EstimatedCarryingValue_iI_pp0p0_c20211231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member__us-gaap--FinancialInstrumentAxis__custom--InsuranceAssignmentsMember_fKDEp_z0o5aBATcpK9" style="text-align: right" title="Estimated carrying value"><span style="-sec-ix-hidden: xdx2ixbrl4176">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_989_ecustom--EstimatedCarryingValue_iI_pp0p0_c20211231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member__us-gaap--FinancialInstrumentAxis__custom--InsuranceAssignmentsMember_fKDEp_zNwDJdcjgclf" style="text-align: right" title="Estimated carrying value"><span style="-sec-ix-hidden: xdx2ixbrl4178">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_983_ecustom--EstimatedCarryingValue_iI_pp0p0_c20211231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member__us-gaap--FinancialInstrumentAxis__custom--InsuranceAssignmentsMember_fKDEp_z79VUk8XCF8d" style="text-align: right" title="Estimated carrying value">46,946,590</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_989_ecustom--EstimatedCarryingValue_iI_pp0p0_c20211231__us-gaap--FinancialInstrumentAxis__custom--InsuranceAssignmentsMember_fKDEp_zaqI3AzpfcNb" style="text-align: right" title="Estimated carrying value">46,946,590</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td id="xdx_F4A_zoftfUof4KG5" style="text-align: left">Restricted assets (2)</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98F_ecustom--CarryingValue_iI_pp0p0_c20211231__us-gaap--FinancialInstrumentAxis__custom--RestrictedAssets1Member_fKDIp_zSbYYkbRtzL5" style="text-align: right" title="Carrying value">2,732,320</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_987_ecustom--EstimatedCarryingValue_iI_pp0p0_c20211231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member__us-gaap--FinancialInstrumentAxis__custom--RestrictedAssets1Member_fKDIp_zoujCNlFH4pc" style="text-align: right" title="Estimated carrying value"><span style="-sec-ix-hidden: xdx2ixbrl4186">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_988_ecustom--EstimatedCarryingValue_iI_pp0p0_c20211231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member__us-gaap--FinancialInstrumentAxis__custom--RestrictedAssets1Member_fKDIp_zSwaD8sTpLk3" style="text-align: right" title="Estimated carrying value"><span style="-sec-ix-hidden: xdx2ixbrl4188">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98E_ecustom--EstimatedCarryingValue_iI_pp0p0_c20211231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member__us-gaap--FinancialInstrumentAxis__custom--RestrictedAssets1Member_fKDIp_z7xm4Y4KRBF3" style="text-align: right" title="Estimated carrying value">2,732,320</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_982_ecustom--EstimatedCarryingValue_iI_pp0p0_c20211231__us-gaap--FinancialInstrumentAxis__custom--RestrictedAssets1Member_fKDIp_zU6koYkl6K45" style="text-align: right" title="Estimated carrying value">2,732,320</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td id="xdx_F43_zkN6M2QGscJk" style="text-align: left">Cemetery perpetual care trust investments (2)</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98C_ecustom--CarryingValue_iI_pp0p0_c20211231__us-gaap--FinancialInstrumentAxis__custom--CemeteryPerpetualCareTrustInvestments2Member_fKDIp_zz9z1NyxwErc" style="text-align: right" title="Carrying value">1,823,533</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98E_ecustom--EstimatedCarryingValue_iI_pp0p0_c20211231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member__us-gaap--FinancialInstrumentAxis__custom--CemeteryPerpetualCareTrustInvestments2Member_fKDIp_zQwMLIpjCNu2" style="text-align: right" title="Estimated carrying value"><span style="-sec-ix-hidden: xdx2ixbrl4196">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_988_ecustom--EstimatedCarryingValue_iI_pp0p0_c20211231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member__us-gaap--FinancialInstrumentAxis__custom--CemeteryPerpetualCareTrustInvestments2Member_fKDIp_zky8GiAMjqp6" style="text-align: right" title="Estimated carrying value"><span style="-sec-ix-hidden: xdx2ixbrl4198">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_986_ecustom--EstimatedCarryingValue_iI_pp0p0_c20211231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member__us-gaap--FinancialInstrumentAxis__custom--CemeteryPerpetualCareTrustInvestments2Member_fKDIp_z1ZiGKBYEPZ5" style="text-align: right" title="Estimated carrying value">1,823,533</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_987_ecustom--EstimatedCarryingValue_iI_pp0p0_c20211231__us-gaap--FinancialInstrumentAxis__custom--CemeteryPerpetualCareTrustInvestments2Member_fKDIp_zpqtiAlfwuga" style="text-align: right" title="Estimated carrying value">1,823,533</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_ecustom--CarryingValue_iI_pp0p0_c20211231__us-gaap--FinancialInstrumentAxis__custom--MortgageServicingRightsMember_z5ZLpIVLQQ2l" style="text-align: right" title="Carrying value">53,060,455</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98F_ecustom--EstimatedCarryingValue_iI_pp0p0_c20211231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member__us-gaap--FinancialInstrumentAxis__custom--MortgageServicingRightsMember_zbCAtzcPFgmk" style="text-align: right" title="Estimated carrying value"><span style="-sec-ix-hidden: xdx2ixbrl4206">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_980_ecustom--EstimatedCarryingValue_iI_pp0p0_c20211231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member__us-gaap--FinancialInstrumentAxis__custom--MortgageServicingRightsMember_z00C82RY6Ozd" style="text-align: right" title="Estimated carrying value"><span style="-sec-ix-hidden: xdx2ixbrl4208">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_984_ecustom--EstimatedCarryingValue_iI_pp0p0_c20211231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member__us-gaap--FinancialInstrumentAxis__custom--MortgageServicingRightsMember_z8qLyoXMFs6b" style="text-align: right" title="Estimated carrying value">68,811,809</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_989_ecustom--EstimatedCarryingValue_iI_pp0p0_c20211231__us-gaap--FinancialInstrumentAxis__custom--MortgageServicingRightsMember_zXLzubPF9GJl" style="text-align: right" title="Estimated carrying value">68,811,809</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_98F_ecustom--CarryingValue_iI_pp0p0_c20211231__us-gaap--FinancialInstrumentAxis__custom--BankAndOtherLoansPayableMember_zKxDS145gg2e" style="text-align: right" title="Carrying value">(251,286,927</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left">$</td><td id="xdx_98C_ecustom--EstimatedCarryingValue_iI_pp0p0_c20211231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member__us-gaap--FinancialInstrumentAxis__custom--BankAndOtherLoansPayableMember_z2NVmdTHP2c2" style="text-align: right" title="Estimated carrying value"><span style="-sec-ix-hidden: xdx2ixbrl4216">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td id="xdx_98F_ecustom--EstimatedCarryingValue_iI_pp0p0_c20211231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member__us-gaap--FinancialInstrumentAxis__custom--BankAndOtherLoansPayableMember_z4BcgrGUgJ0i" style="text-align: right" title="Estimated carrying value"><span style="-sec-ix-hidden: xdx2ixbrl4218">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td id="xdx_981_ecustom--EstimatedCarryingValue_iI_pp0p0_c20211231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member__us-gaap--FinancialInstrumentAxis__custom--BankAndOtherLoansPayableMember_zBHqko36Xn87" style="text-align: right" title="Estimated carrying value">(251,286,927</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left">$</td><td id="xdx_98E_ecustom--EstimatedCarryingValue_iI_pp0p0_c20211231__us-gaap--FinancialInstrumentAxis__custom--BankAndOtherLoansPayableMember_zcm5vAN29cQi" style="text-align: right" title="Estimated carrying value">(251,286,927</td><td style="text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td id="xdx_F4B_zdgJALgnJDVi" style="text-align: left">Policyholder account balances (3)</td><td> </td> <td style="text-align: left"> </td><td id="xdx_987_ecustom--CarryingValue_iI_pp0p0_c20211231__us-gaap--FinancialInstrumentAxis__custom--PolicyholderAccountBalancesMember_fKDMp_zZwOOBhnjHz3" style="text-align: right" title="Carrying value">(42,939,055</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td id="xdx_981_ecustom--EstimatedCarryingValue_iI_pp0p0_c20211231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member__us-gaap--FinancialInstrumentAxis__custom--PolicyholderAccountBalancesMember_fKDMp_zKf5J1UlxUW1" style="text-align: right" title="Estimated carrying value"><span style="-sec-ix-hidden: xdx2ixbrl4226">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_980_ecustom--EstimatedCarryingValue_iI_pp0p0_c20211231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member__us-gaap--FinancialInstrumentAxis__custom--PolicyholderAccountBalancesMember_fKDMp_zuCPyaFP6aMd" style="text-align: right" title="Estimated carrying value"><span style="-sec-ix-hidden: xdx2ixbrl4228">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98C_ecustom--EstimatedCarryingValue_iI_pp0p0_c20211231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member__us-gaap--FinancialInstrumentAxis__custom--PolicyholderAccountBalancesMember_fKDMp_zzDBEfwXv0Gc" style="text-align: right" title="Estimated carrying value">(35,855,934</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td id="xdx_989_ecustom--EstimatedCarryingValue_iI_pp0p0_c20211231__us-gaap--FinancialInstrumentAxis__custom--PolicyholderAccountBalancesMember_fKDMp_zqSXZLtzF7E7" style="text-align: right" title="Estimated carrying value">(35,855,934</td><td style="text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td id="xdx_F43_zQMTwVWK2EUd" style="text-align: left">Future policy benefits - annuities (3)</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98F_ecustom--CarryingValue_iI_pp0p0_c20211231__us-gaap--FinancialInstrumentAxis__custom--FuturePolicyBenefitsAnnuitiesMember_fKDMp_zEKufGDgooI1" style="text-align: right" title="Carrying value">(107,992,830</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td id="xdx_982_ecustom--EstimatedCarryingValue_iI_pp0p0_c20211231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member__us-gaap--FinancialInstrumentAxis__custom--FuturePolicyBenefitsAnnuitiesMember_fKDMp_zlWuqpUxaqgb" style="text-align: right" title="Estimated carrying value"><span style="-sec-ix-hidden: xdx2ixbrl4236">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_983_ecustom--EstimatedCarryingValue_iI_pp0p0_c20211231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member__us-gaap--FinancialInstrumentAxis__custom--FuturePolicyBenefitsAnnuitiesMember_fKDMp_z72GesGtPA4g" style="text-align: right" title="Estimated carrying value"><span style="-sec-ix-hidden: xdx2ixbrl4238">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98F_ecustom--EstimatedCarryingValue_iI_pp0p0_c20211231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member__us-gaap--FinancialInstrumentAxis__custom--FuturePolicyBenefitsAnnuitiesMember_fKDMp_z4tKsTNSkWOe" style="text-align: right" title="Estimated carrying value">(116,215,717</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td id="xdx_980_ecustom--EstimatedCarryingValue_iI_pp0p0_c20211231__us-gaap--FinancialInstrumentAxis__custom--FuturePolicyBenefitsAnnuitiesMember_fKDMp_zvmobZ94JjY4" style="text-align: right" title="Estimated carrying value">(116,215,717</td><td style="text-align: left">)</td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"/></p> <div style="width: 25%"><div style="border-top: Black 1pt solid; font-size: 1pt"> </div></div> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"/></p> <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: 0.15pc"><span id="xdx_F04_z1gwO3jeDMj7" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(1)</span></td> <td><span id="xdx_F1D_zdRVYQlfPSUk" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Included in other investments and policy loans on the consolidated balance sheets</span></td></tr> </table> <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: 0.15pc"><span id="xdx_F02_zKe6WOFZxqD" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(2)</span></td> <td><span id="xdx_F1D_zq2HF3DaETXj" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Mortgage loans held for investment</span></td></tr> </table> <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: 0.15pc"><span id="xdx_F0C_zitCANNhtxY4" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(3)</span></td> <td><span id="xdx_F18_zunkqebc2qsa" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Included in future policy benefits and unpaid claims on the consolidated balance sheets</span></td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">SECURITY NATIONAL FINANCIAL CORPORATION</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">AND SUBSIDIARIES</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Notes to Consolidated Financial Statements</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Years Ended December 31, 2021 and 2020</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><i> </i></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">17) <span style="text-decoration: underline">Fair Value of Financial Instruments (Continued)</span></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">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, 2020:</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <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">Carrying 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">Level 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">Level 2</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">Level 3</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 Estimated Fair Value</td><td style="padding-bottom: 1pt"> </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">$</td><td id="xdx_981_ecustom--CarryingValue_iI_pp0p0_c20201231__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember_zZVOhxDq9kp5" style="width: 9%; text-align: right" title="Carrying value">92,757,613</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_98A_ecustom--EstimatedCarryingValue_iI_pp0p0_c20201231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember_z54JYHO7ADaj" style="width: 9%; text-align: right" title="Estimated carrying value"><span style="-sec-ix-hidden: xdx2ixbrl4249">-</span></td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_982_ecustom--EstimatedCarryingValue_iI_pp0p0_c20201231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember_zSJthdWgkvD3" style="width: 9%; text-align: right" title="Estimated carrying value"><span style="-sec-ix-hidden: xdx2ixbrl4251">-</span></td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_986_ecustom--EstimatedCarryingValue_iI_pp0p0_c20201231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember_z3dDVKEMsc9i" style="width: 9%; text-align: right" title="Estimated carrying value">100,384,283</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--EstimatedCarryingValue_iI_pp0p0_c20201231__us-gaap--FinancialInstrumentAxis__us-gaap--ResidentialMortgageMember_zGHlPrCt1b58" style="width: 9%; text-align: right" title="Estimated carrying value">100,384,283</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_984_ecustom--CarryingValue_iI_pp0p0_c20201231__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember_zYw3ulNydF9d" style="text-align: right" title="Carrying value">110,849,864</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_980_ecustom--EstimatedCarryingValue_iI_pp0p0_c20201231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember_zar25IGiiSNg" style="text-align: right" title="Estimated carrying value"><span style="-sec-ix-hidden: xdx2ixbrl4259">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_986_ecustom--EstimatedCarryingValue_iI_pp0p0_c20201231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember_zcgqc2O1b4n3" style="text-align: right" title="Estimated carrying value"><span style="-sec-ix-hidden: xdx2ixbrl4261">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_986_ecustom--EstimatedCarryingValue_iI_pp0p0_c20201231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member__us-gaap--FinancialInstrumentAxis__us-gaap--FairValueInputsLevel3Member_zMDZNVLAIkM1" style="text-align: right" title="Estimated carrying value">110,849,864</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_981_ecustom--EstimatedCarryingValue_iI_pp0p0_c20201231__us-gaap--FinancialInstrumentAxis__custom--ResidentialConstructionMember_zMGbQsgj4OKa" style="text-align: right" title="Estimated carrying value">110,849,864</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_982_ecustom--CarryingValue_iI_pp0p0_c20201231__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember_zwyIqkf6N86a" style="border-bottom: Black 1pt solid; text-align: right" title="Carrying value">45,736,459</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_ecustom--EstimatedCarryingValue_iI_pp0p0_c20201231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember_zBX7mn9amr17" style="border-bottom: Black 1pt solid; text-align: right" title="Estimated carrying value"><span style="-sec-ix-hidden: xdx2ixbrl4269">-</span></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_ecustom--EstimatedCarryingValue_iI_pp0p0_c20201231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember_zE7KMvUw7th5" style="border-bottom: Black 1pt solid; text-align: right" title="Estimated carrying value"><span style="-sec-ix-hidden: xdx2ixbrl4271">-</span></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_ecustom--EstimatedCarryingValue_iI_pp0p0_c20201231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember_zuDzODg0TPqi" style="border-bottom: Black 1pt solid; text-align: right" title="Estimated carrying value">45,259,425</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_ecustom--EstimatedCarryingValue_iI_pp0p0_c20201231__us-gaap--FinancialInstrumentAxis__us-gaap--CommercialLoanMember_zHU6A5WEewL3" style="border-bottom: Black 1pt solid; text-align: right" title="Estimated carrying value">45,259,425</td><td style="padding-bottom: 1pt; 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_986_ecustom--CarryingValue_iI_pp0p0_c20201231__us-gaap--FinancialInstrumentAxis__custom--MortgageLoansNet1Member_ziEny1mcmeU3" style="text-align: right" title="Carrying value">249,343,936</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td id="xdx_980_ecustom--EstimatedCarryingValue_iI_pp0p0_c20201231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member__us-gaap--FinancialInstrumentAxis__custom--MortgageLoansNet1Member_zi5S2dnS9soe" style="text-align: right" title="Estimated carrying value"><span style="-sec-ix-hidden: xdx2ixbrl4279">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td id="xdx_98D_ecustom--EstimatedCarryingValue_iI_pp0p0_c20201231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member__us-gaap--FinancialInstrumentAxis__custom--MortgageLoansNet1Member_zMG9qZCaZka" style="text-align: right" title="Estimated carrying value"><span style="-sec-ix-hidden: xdx2ixbrl4281">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td id="xdx_983_ecustom--EstimatedCarryingValue_iI_pp0p0_c20201231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member__us-gaap--FinancialInstrumentAxis__custom--MortgageLoansNet1Member_zkhdP6lWjIy4" style="text-align: right" title="Estimated carrying value">256,493,572</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td id="xdx_98E_ecustom--EstimatedCarryingValue_iI_pp0p0_c20201231__us-gaap--FinancialInstrumentAxis__custom--MortgageLoansNet1Member_zj5cLbmsMh4i" style="text-align: right" title="Estimated carrying value">256,493,572</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_984_ecustom--CarryingValue_iI_pp0p0_c20201231__us-gaap--FinancialInstrumentAxis__custom--PolicyLoanMember_ztFTP0sr7iah" style="text-align: right" title="Carrying value">14,171,589</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98B_ecustom--EstimatedCarryingValue_iI_pp0p0_c20201231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member__us-gaap--FinancialInstrumentAxis__custom--PolicyLoanMember_zPK8Ddwuqy74" style="text-align: right" title="Estimated carrying value"><span style="-sec-ix-hidden: xdx2ixbrl4289">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_988_ecustom--EstimatedCarryingValue_iI_pp0p0_c20201231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member__us-gaap--FinancialInstrumentAxis__custom--PolicyLoanMember_zVvDOP1rrVrh" style="text-align: right" title="Estimated carrying value"><span style="-sec-ix-hidden: xdx2ixbrl4291">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_983_ecustom--EstimatedCarryingValue_iI_pp0p0_c20201231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member__us-gaap--FinancialInstrumentAxis__custom--PolicyLoanMember_zdzuR3S2lo7a" style="text-align: right" title="Estimated carrying value">14,171,589</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_989_ecustom--EstimatedCarryingValue_iI_pp0p0_c20201231__us-gaap--FinancialInstrumentAxis__custom--PolicyLoanMember_zDA9JtJS1HIc" style="text-align: right" title="Estimated carrying value">14,171,589</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td id="xdx_F45_z6uBd8now047" style="text-align: left">Insurance assignments, net (1)</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98A_ecustom--CarryingValue_iI_pp0p0_c20201231__us-gaap--FinancialInstrumentAxis__custom--InsuranceAssignmentsMember_fKDEp_zd7llG9tOMIj" style="text-align: right" title="Carrying value">51,585,656</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_983_ecustom--EstimatedCarryingValue_iI_pp0p0_c20201231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member__us-gaap--FinancialInstrumentAxis__custom--InsuranceAssignmentsMember_fKDEp_zJYaMdGAKtg2" style="text-align: right" title="Estimated carrying value"><span style="-sec-ix-hidden: xdx2ixbrl4299">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_981_ecustom--EstimatedCarryingValue_iI_pp0p0_c20201231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member__us-gaap--FinancialInstrumentAxis__custom--InsuranceAssignmentsMember_fKDEp_z27qO0hR8po" style="text-align: right" title="Estimated carrying value"><span style="-sec-ix-hidden: xdx2ixbrl4301">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_988_ecustom--EstimatedCarryingValue_iI_pp0p0_c20201231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member__us-gaap--FinancialInstrumentAxis__custom--InsuranceAssignmentsMember_fKDEp_z815l3PsGpGg" style="text-align: right" title="Estimated carrying value">51,585,656</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_985_ecustom--EstimatedCarryingValue_iI_pp0p0_c20201231__us-gaap--FinancialInstrumentAxis__custom--InsuranceAssignmentsMember_fKDEp_zOCa2Knnhnff" style="text-align: right" title="Estimated carrying value">51,585,656</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td id="xdx_F41_z7N95unQFbo6" style="text-align: left">Restricted assets (2)</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98F_ecustom--CarryingValue_iI_pp0p0_c20201231__us-gaap--FinancialInstrumentAxis__custom--RestrictedAssets1Member_fKDIp_zTo0YhYcOqI6" style="text-align: right" title="Carrying value">3,317,877</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98F_ecustom--EstimatedCarryingValue_iI_pp0p0_c20201231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member__us-gaap--FinancialInstrumentAxis__custom--RestrictedAssets1Member_fKDIp_zja26wGqJ1dl" style="text-align: right" title="Estimated carrying value"><span style="-sec-ix-hidden: xdx2ixbrl4309">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_981_ecustom--EstimatedCarryingValue_iI_pp0p0_c20201231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member__us-gaap--FinancialInstrumentAxis__custom--RestrictedAssets1Member_fKDIp_zFyAzS0SaiN6" style="text-align: right" title="Estimated carrying value"><span style="-sec-ix-hidden: xdx2ixbrl4311">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_987_ecustom--EstimatedCarryingValue_iI_pp0p0_c20201231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member__us-gaap--FinancialInstrumentAxis__custom--RestrictedAssets1Member_fKDIp_zz7IYEP11pHh" style="text-align: right" title="Estimated carrying value">3,317,877</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98C_ecustom--EstimatedCarryingValue_iI_pp0p0_c20201231__us-gaap--FinancialInstrumentAxis__custom--RestrictedAssets1Member_fKDIp_zUSDiPT4FTuc" style="text-align: right" title="Estimated carrying value">3,317,877</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td id="xdx_F49_zdG5cnyuSzpb" style="text-align: left">Cemetery perpetual care trust investments (2)</td><td> </td> <td style="text-align: left"> </td><td id="xdx_984_ecustom--CarryingValue_iI_pp0p0_c20201231__us-gaap--FinancialInstrumentAxis__custom--CemeteryPerpetualCareTrustInvestments2Member_fKDIp_zuDxVesVyaki" style="text-align: right" title="Carrying value">1,468,600</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98C_ecustom--EstimatedCarryingValue_iI_pp0p0_c20201231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member__us-gaap--FinancialInstrumentAxis__custom--CemeteryPerpetualCareTrustInvestments2Member_fKDIp_zZXwlv6lxNIg" style="text-align: right" title="Estimated carrying value"><span style="-sec-ix-hidden: xdx2ixbrl4319">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98C_ecustom--EstimatedCarryingValue_iI_pp0p0_c20201231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member__us-gaap--FinancialInstrumentAxis__custom--CemeteryPerpetualCareTrustInvestments2Member_fKDIp_z3lzEWViuMf" style="text-align: right" title="Estimated carrying value"><span style="-sec-ix-hidden: xdx2ixbrl4321">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_983_ecustom--EstimatedCarryingValue_iI_pp0p0_c20201231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member__us-gaap--FinancialInstrumentAxis__custom--CemeteryPerpetualCareTrustInvestments2Member_fKDIp_ziX0Fbo8sIN3" style="text-align: right" title="Estimated carrying value">1,468,600</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_987_ecustom--EstimatedCarryingValue_iI_pp0p0_c20201231__us-gaap--FinancialInstrumentAxis__custom--CemeteryPerpetualCareTrustInvestments2Member_fKDIp_zgwMYvKgqp6i" style="text-align: right" title="Estimated carrying value">1,468,600</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_ecustom--CarryingValue_iI_pp0p0_c20201231__us-gaap--FinancialInstrumentAxis__custom--MortgageServicingRightsMember_zS6jWO6Ewj8l" style="text-align: right" title="Carrying value">35,210,516</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98B_ecustom--EstimatedCarryingValue_iI_pp0p0_c20201231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member__us-gaap--FinancialInstrumentAxis__custom--MortgageServicingRightsMember_z6teReh9vJqh" style="text-align: right" title="Estimated carrying value"><span style="-sec-ix-hidden: xdx2ixbrl4329">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_989_ecustom--EstimatedCarryingValue_iI_pp0p0_c20201231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member__us-gaap--FinancialInstrumentAxis__custom--MortgageServicingRightsMember_zP6SUNBiCvA1" style="text-align: right" title="Estimated carrying value"><span style="-sec-ix-hidden: xdx2ixbrl4331">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_984_ecustom--EstimatedCarryingValue_iI_pp0p0_c20201231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member__us-gaap--FinancialInstrumentAxis__custom--MortgageServicingRightsMember_zL6MKgCkjiIk" style="text-align: right" title="Estimated carrying value">38,702,358</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98B_ecustom--EstimatedCarryingValue_iI_pp0p0_c20201231__us-gaap--FinancialInstrumentAxis__custom--MortgageServicingRightsMember_zyKihFpOzTpb" style="text-align: right" title="Estimated carrying value">38,702,358</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">$</td><td id="xdx_984_ecustom--CarryingValue_iI_pp0p0_c20201231__us-gaap--FinancialInstrumentAxis__custom--BankAndOtherLoansPayableMember_znR3OEl8nmr4" style="text-align: right" title="Carrying value">(297,824,368</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left">$</td><td id="xdx_983_ecustom--EstimatedCarryingValue_iI_pp0p0_c20201231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member__us-gaap--FinancialInstrumentAxis__custom--BankAndOtherLoansPayableMember_zoCyE2mrZgef" style="text-align: right" title="Estimated carrying value"><span style="-sec-ix-hidden: xdx2ixbrl4339">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td id="xdx_989_ecustom--EstimatedCarryingValue_iI_pp0p0_c20201231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member__us-gaap--FinancialInstrumentAxis__custom--BankAndOtherLoansPayableMember_zkOE9KwQPeD9" style="text-align: right" title="Estimated carrying value"><span style="-sec-ix-hidden: xdx2ixbrl4341">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td id="xdx_986_ecustom--EstimatedCarryingValue_iI_pp0p0_c20201231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member__us-gaap--FinancialInstrumentAxis__custom--BankAndOtherLoansPayableMember_zXCg7wuNICK6" style="text-align: right" title="Estimated carrying value">(297,824,368</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left">$</td><td id="xdx_982_ecustom--EstimatedCarryingValue_iI_pp0p0_c20201231__us-gaap--FinancialInstrumentAxis__custom--BankAndOtherLoansPayableMember_zuBLEJNaIE3b" style="text-align: right" title="Estimated carrying value">(297,824,368</td><td style="text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td id="xdx_F4E_zWkJuFtpGJIf" style="text-align: left">Policyholder account balances (3)</td><td> </td> <td style="text-align: left"> </td><td id="xdx_983_ecustom--CarryingValue_iI_pp0p0_c20201231__us-gaap--FinancialInstrumentAxis__custom--PolicyholderAccountBalancesMember_fKDMp_z7SRh46qFJ33" style="text-align: right" title="Carrying value">(44,026,809</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td id="xdx_987_ecustom--EstimatedCarryingValue_iI_pp0p0_c20201231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member__us-gaap--FinancialInstrumentAxis__custom--PolicyholderAccountBalancesMember_fKDMp_z503RKjf9o38" style="text-align: right" title="Estimated carrying value"><span style="-sec-ix-hidden: xdx2ixbrl4349">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_986_ecustom--EstimatedCarryingValue_iI_pp0p0_c20201231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member__us-gaap--FinancialInstrumentAxis__custom--PolicyholderAccountBalancesMember_fKDMp_ziHMq4IuDDl9" style="text-align: right" title="Estimated carrying value"><span style="-sec-ix-hidden: xdx2ixbrl4351">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98C_ecustom--EstimatedCarryingValue_iI_pp0p0_c20201231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member__us-gaap--FinancialInstrumentAxis__custom--PolicyholderAccountBalancesMember_fKDMp_z8HihJ5fDpw5" style="text-align: right" title="Estimated carrying value">(42,220,725</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td id="xdx_980_ecustom--EstimatedCarryingValue_iI_pp0p0_c20201231__us-gaap--FinancialInstrumentAxis__custom--PolicyholderAccountBalancesMember_fKDMp_zfitJRbJdrg" style="text-align: right" title="Estimated carrying value">(42,220,725</td><td style="text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td id="xdx_F44_zdCaDFR1SJCf" style="text-align: left">Future policy benefits - annuities (3)</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98D_ecustom--CarryingValue_iI_pp0p0_c20201231__us-gaap--FinancialInstrumentAxis__custom--FuturePolicyBenefitsAnnuitiesMember_fKDMp_zVRE3hWNneN2" style="text-align: right" title="Carrying value">(106,522,113</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td id="xdx_987_ecustom--EstimatedCarryingValue_iI_pp0p0_c20201231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member__us-gaap--FinancialInstrumentAxis__custom--FuturePolicyBenefitsAnnuitiesMember_fKDMp_znZidIIUfq52" style="text-align: right" title="Estimated carrying value"><span style="-sec-ix-hidden: xdx2ixbrl4359">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_989_ecustom--EstimatedCarryingValue_iI_pp0p0_c20201231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member__us-gaap--FinancialInstrumentAxis__custom--FuturePolicyBenefitsAnnuitiesMember_fKDMp_zdc1G9Q4Zn9k" style="text-align: right" title="Estimated carrying value"><span style="-sec-ix-hidden: xdx2ixbrl4361">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_983_ecustom--EstimatedCarryingValue_iI_pp0p0_c20201231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member__us-gaap--FinancialInstrumentAxis__custom--FuturePolicyBenefitsAnnuitiesMember_fKDMp_zmeDOJS6xYOd" style="text-align: right" title="Estimated carrying value">(112,354,186</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98F_ecustom--EstimatedCarryingValue_iI_pp0p0_c20201231__us-gaap--FinancialInstrumentAxis__custom--FuturePolicyBenefitsAnnuitiesMember_fKDMp_zqvhtsKQF6ki" style="text-align: right" title="Estimated carrying value">(112,354,186</td><td style="text-align: left">)</td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"/></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"/></p> <div style="width: 15%"><div style="border-top: Black 1pt solid; font-size: 1pt"> </div></div> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"/></p> <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: 0.15pc"><span id="xdx_F01_zblja1ohV4c4" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(1)</span></td> <td><span id="xdx_F13_zUYIy8AK0Ycc" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Included in other investments and policy loans on the consolidated balance sheets</span></td></tr> </table> <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: 0.15pc"><span id="xdx_F02_zIw7WVKF2al6" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(2)</span></td> <td><span id="xdx_F1E_zlP4dtAhNS1g" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Mortgage loans held for investment</span></td></tr> </table> <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: 0.15pc"><span id="xdx_F02_zoNYZ35hUi3c" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(3)</span></td> <td><span id="xdx_F1B_zqS8ZW1tBF51" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Included in future policy benefits and unpaid claims on the consolidated balance sheets</span></td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"/></p> 51396172 55159167 55159167 174691408 174691408 174691408 51218466 51008709 51008709 277306046 280859284 280859284 13478214 13478214 13478214 46946590 46946590 46946590 2732320 2732320 2732320 1823533 1823533 1823533 53060455 68811809 68811809 -251286927 -251286927 -251286927 -42939055 -35855934 -35855934 -107992830 -116215717 -116215717 92757613 100384283 100384283 110849864 110849864 110849864 45736459 45259425 45259425 249343936 256493572 256493572 14171589 14171589 14171589 51585656 51585656 51585656 3317877 3317877 3317877 1468600 1468600 1468600 35210516 38702358 38702358 -297824368 -297824368 -297824368 -44026809 -42220725 -42220725 -106522113 -112354186 -112354186 <p id="xdx_802_eus-gaap--ComprehensiveIncomeNoteTextBlock_zlvBizzVboyi" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">18) <span style="text-decoration: underline"><span id="xdx_826_zjrn5DyXWJe7">Accumulated Other Comprehensive Income</span></span></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p id="xdx_894_ecustom--ScheduleOfChangesInAccumulatedOtherComprehensiveIncomeTextBlock_zSn9KPH6QhX6" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The following summarizes the changes in accumulated other comprehensive income:</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span id="xdx_8BB_zVXy59Lm1Rxa" style="display: none">Schedule of Changes in accumulated other comprehensive income</span> </span></p> <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_495_20210101__20211231_z3bh5m71X5o7" style="border-bottom: Black 1pt solid; text-align: center">2021</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_49D_20200101_20201231" style="border-bottom: Black 1pt solid; text-align: center">2020</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">December 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">2021</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">2020</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></tr> <tr id="xdx_405_ecustom--UnrealizedGainsOnFixedMaturitySecuritiesAvailableForSale_i_pp0p0" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 60%; text-align: left">Unrealized gains on 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">(7,323,241</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">12,016,464</td><td style="width: 1%; text-align: left"> </td></tr> <tr id="xdx_409_ecustom--ReclassificationAdjustmentForNetRealizedGainsInNetIncome_i_pp0p0" style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 1pt">Amounts reclassified into net earnings</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">805,510</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">(2,772</td><td style="padding-bottom: 1pt; text-align: left">)</td></tr> <tr id="xdx_406_ecustom--NetUnrealizedGainsBeforeTaxes_i_pp0p0" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: justify">Net unrealized gains before taxes</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(6,517,731</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">12,013,692</td><td style="text-align: left"> </td></tr> <tr id="xdx_405_ecustom--TaxExpense_i_pp0p0" style="vertical-align: bottom; background-color: White"> <td style="text-align: justify; padding-bottom: 1pt">Tax expense</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">1,368,721</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">(2,522,876</td><td style="padding-bottom: 1pt; text-align: left">)</td></tr> <tr id="xdx_408_ecustom--NetUnrealizedGainLoss_i_pp0p0" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 10pt; padding-bottom: 1pt">Net</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">(5,149,010</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">9,490,816</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_401_ecustom--UnrealizedGainsForBankLoanInterestRateSwapsBeforeTaxes_i_pp0p0" style="vertical-align: bottom; background-color: White"> <td style="text-align: justify">Unrealized gains on restricted assets (1)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(23,250</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">41,225</td><td style="text-align: left"> </td></tr> <tr id="xdx_406_ecustom--PotentialTaxExpense_i_pp0p0" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: justify; padding-bottom: 1pt">Tax expense</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">5,792</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">(10,269</td><td style="padding-bottom: 1pt; text-align: left">)</td></tr> <tr id="xdx_40E_ecustom--NetUnrealizedGainLossIncludingDerivatieBankLoansAndTaxBenefit_i_pp0p0" style="vertical-align: bottom; background-color: White"> <td style="padding-left: 10pt; padding-bottom: 1pt">Net</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">(17,458</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">30,956</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_40B_ecustom--UnrealizedGainsOnCemeteryPerpetualCareTrustInvestments_i_pp0p0" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td id="xdx_F47_zajHoFLDrNt4" style="text-align: justify">Unrealized gains on cemetery perpetual care trust investments (1)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(11,114</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(6,817</td><td style="text-align: left">)</td></tr> <tr id="xdx_409_ecustom--TaxExpenses_i_pp0p0" style="vertical-align: bottom; background-color: White"> <td style="text-align: justify; padding-bottom: 1pt">Tax expense</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">2,769</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">1,698</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_401_ecustom--NetUnrealizedGainLosses_i_pp0p0" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 10pt; padding-bottom: 1pt">Net</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">(8,345</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">(5,119</td><td style="padding-bottom: 1pt; text-align: left">)</td></tr> <tr id="xdx_401_ecustom--UnrealizedGainsForForeignCurrencyTranslationAdjustments_i_pp0p0" style="vertical-align: bottom; background-color: White"> <td style="text-align: justify">Unrealized gains for foreign currency translations adjustments</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">2,835</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(46</td><td style="text-align: left">)</td></tr> <tr id="xdx_40F_eus-gaap--OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax_i_pp0p0" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: justify; padding-bottom: 1pt">Tax expense</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">(707</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">12</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_40A_ecustom--OtherComprehensiveIncomeBalanceNet_i_pp0p0" style="vertical-align: bottom; background-color: White"> <td style="padding-left: 10pt; padding-bottom: 1pt">Net</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">2,128</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">(34</td><td style="padding-bottom: 1pt; text-align: left">)</td></tr> <tr id="xdx_40E_ecustom--OtherComprehensiveIncomeChanges_i_pp0p0" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: justify; padding-bottom: 2.5pt">Other comprehensive income 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">(5,172,685</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 style="border-bottom: Black 2.5pt double; text-align: right">9,516,619</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"/> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"/> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"/> <div style="width: 15%"><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: justify; width: 0.15pc"><span id="xdx_F0E_zKWnjr0zsh65" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(1)</span></td> <td style="text-align: justify"><span id="xdx_F19_zmGGgnSI1oh7" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Fixed maturity securities available for sale</span></td></tr> </table> <p id="xdx_8A4_zfWKA5ufsEF8" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">SECURITY NATIONAL FINANCIAL CORPORATION</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">AND SUBSIDIARIES</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Notes to Consolidated Financial Statements</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Years Ended December 31, 2021 and 2020</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><i> </i></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">18) <span style="text-decoration: underline">Accumulated Other Comprehensive Income (Continued)</span></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p id="xdx_89A_ecustom--AccumulatedBalancesOfOtherComprehensiveIncomeTextBlock_z912n93vEfN4" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The following is the accumulated balances of other comprehensive income as of December 31, 2021:</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: left"><span id="xdx_8B2_zgrZMlkhReif" style="display: none">Schedule of Accumulated Balances of Other Comprehensive Income</span><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 95%"> <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"><p style="margin-top: 0; margin-bottom: 0">Beginning</p> <p style="margin-top: 0; margin-bottom: 0">Balance</p> <p style="margin-top: 0; margin-bottom: 0">December 31,</p> <p style="margin-top: 0; margin-bottom: 0">2020</p></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"><p style="margin-top: 0; margin-bottom: 0">Change for</p> <p style="margin-top: 0; margin-bottom: 0">the period</p></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"><p style="margin-top: 0; margin-bottom: 0">Ending</p> <p style="margin-top: 0; margin-bottom: 0">Balance</p> <p style="margin-top: 0; margin-bottom: 0">December 31,</p> <p style="margin-top: 0; margin-bottom: 0">2021</p></td><td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 40%; 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_983_ecustom--UnrealizedNetGainsOnAvailableForSaleSecurities_iS_pp0p0_c20210101__20211231_zJYOor9f4Ms" style="width: 16%; text-align: right" title="Unrealized gains on fix maturity securities available-for-sale">23,170,275</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_988_ecustom--IncreaseDecreaseInUnrealizedNetGainsOnAvailableForSaleSecurities_pp0p0_c20210101__20211231_zG4j52GTxBBi" style="width: 16%; text-align: right" title="Increase (Decrease) in Unrealized gains on fixed maturity securities available-for-sale">(5,149,010</td><td style="width: 1%; text-align: left">)</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_98F_ecustom--UnrealizedNetGainsOnAvailableForSaleSecurities_iE_pp0p0_c20210101__20211231_z2kGEpLmE4Ic" style="width: 16%; 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></tr> <tr style="vertical-align: bottom; background-color: White"> <td id="xdx_F4D_zd6ZjoVBcv06" style="text-align: justify">Unrealized gains (losses) on restricted assets (1)</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98E_ecustom--UnrealizedGainsOnRestrictedAssets_iS_pp0p0_c20210101__20211231_fKDEp_z8SnWhjHiuWc" style="text-align: right" title="Unrealized gains (losses) on restricted assets">57,650</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_986_ecustom--IncreaseDececreaseInUnrealizedGainsOnRestrictedAssets_pp0p0_c20210101__20211231_fKDEp_zZLpb74hDfwb" style="text-align: right" title="Increase Dececrease in Unrealized gains (losses) on restricted assets">(17,458</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98D_ecustom--UnrealizedGainsOnRestrictedAssets_iE_pp0p0_c20210101__20211231_fKDEp_zecN6T6RcjMd" style="text-align: right" title="Unrealized gains (losses) on restricted assets">40,192</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td id="xdx_F4B_zlSz7qmv3dl9" style="text-align: justify">Unrealized gains (losses) on cemetery perpetual <br/> care trust investments (1)</td><td> </td> <td style="text-align: left"> </td><td id="xdx_980_ecustom--UnrealizedGainsOnCemeteryPerpetualCareTrustInvestments1_iS_pp0p0_c20210101__20211231_fKDEp_zzNN6HLDqIka" style="text-align: right" title="Unrealized gains (losses) on cemetery perpetual care trust investments">17,336</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98A_ecustom--IncreaseDececreaseInUnrealizedGainsOnCemeteryPerpetualCareTrustInvestments_pp0p0_c20210101__20211231_fKDEp_zERkZJNRTKJh" style="text-align: right" title="Increase Dececrease in Unrealized gains (losses) on cemetery perpetual care trust investments">(8,345</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td id="xdx_988_ecustom--UnrealizedGainsOnCemeteryPerpetualCareTrustInvestments1_iE_pp0p0_c20210101__20211231_fKDEp_zidQLmBL28Ui" style="text-align: right" title="Unrealized gains (losses) on cemetery perpetual care trust investments">8,991</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: justify; padding-bottom: 1pt">Foreign currency translation adjustments</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_988_eus-gaap--AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax_iS_pp0p0_c20210101__20211231_zTbPDFN6HNX4" style="border-bottom: Black 1pt solid; text-align: right" title="Foreign currency translation adjustments">(2,128</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--TemporaryEquityForeignCurrencyTranslationAdjustments_pp0p0_c20210101__20211231_zOXGW5aKxHaj" style="border-bottom: Black 1pt solid; text-align: right" title="Increase Decrease Foreign currency translation adjustments">2,128</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--AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax_iE_pp0p0_c20210101__20211231_zqFWduhGUuI9" style="border-bottom: Black 1pt solid; text-align: right" title="Foreign currency translation adjustments"><span style="-sec-ix-hidden: xdx2ixbrl4444">-</span></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; padding-bottom: 2.5pt">Other comprehensive income</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_984_ecustom--OtherComprehensiveIncomeBalance_iS_pp0p0_c20210101__20211231_zxPuk5VF7aj" style="border-bottom: Black 2.5pt double; text-align: right" title="Other comprehensive income (loss), Balance">23,243,133</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_982_ecustom--IncreaseDecreaseInOtherComprehensiveIncomeBalance_pp0p0_c20210101__20211231_zfCLNzEYJyy6" style="border-bottom: Black 2.5pt double; text-align: right" title="Increase (Decrease) in Other comprehensive income (loss), Balance">(5,172,685</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_980_ecustom--OtherComprehensiveIncomeBalance_iE_pp0p0_c20210101__20211231_zXFwMStAyLPb" 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></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0"/> <div style="width: 25%"><div style="border-top: Black 1pt solid; font-size: 1pt"> </div></div> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0"/> <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: 0.15pc"><span id="xdx_F0B_ztwDQ1LAAxnc" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(1)</span></td> <td><span id="xdx_F13_z3z4slveiMYa" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Fixed maturity securities available for sale</span></td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The following is the accumulated balances of other comprehensive income as of December 31, 2020:</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: left"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 95%"> <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"><p style="margin-top: 0; margin-bottom: 0">Beginning</p> <p style="margin-top: 0; margin-bottom: 0">Balance</p> <p style="margin-top: 0; margin-bottom: 0">December 31,</p> <p style="margin-top: 0; margin-bottom: 0">2019</p></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"><p style="margin-top: 0; margin-bottom: 0">Change for</p> <p style="margin-top: 0; margin-bottom: 0">the period</p></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"><p style="margin-top: 0; margin-bottom: 0">Ending</p> <p style="margin-top: 0; margin-bottom: 0">Balance</p> <p style="margin-top: 0; margin-bottom: 0">December 31,</p> <p style="margin-top: 0; margin-bottom: 0">2020</p></td><td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 40%; text-align: left">Unrealized gains on fixed maturity securities available for sale</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_984_ecustom--UnrealizedNetGainsOnAvailableForSaleSecurities_iS_pp0p0_c20200101__20201231_z9GiPN8EMVpl" style="width: 16%; text-align: right" title="Unrealized gains on fix maturity securities available-for-sale">13,679,459</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_988_ecustom--IncreaseDecreaseInUnrealizedNetGainsOnAvailableForSaleSecurities_c20200101__20201231_pp0p0" style="width: 16%; text-align: right" title="Increase (Decrease) in Unrealized gains on fixed maturity securities available-for-sale">9,490,816</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_98F_ecustom--UnrealizedNetGainsOnAvailableForSaleSecurities_iE_pp0p0_c20200101__20201231_zrvOUlQ5fxq5" style="width: 16%; text-align: right" title="Unrealized gains on fix maturity securities available-for-sale">23,170,275</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td id="xdx_F48_zUZTSKYpOi09" style="text-align: justify">Unrealized gains on restricted assets (1)</td><td> </td> <td style="text-align: left"> </td><td id="xdx_980_ecustom--UnrealizedGainsOnRestrictedAssets_iS_pp0p0_c20200101__20201231_fKDEp_zX1OKJHIAHpl" style="text-align: right" title="Unrealized gains (losses) on restricted assets">26,694</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_982_ecustom--IncreaseDececreaseInUnrealizedGainsOnRestrictedAssets_pp0p0_c20200101__20201231_fKDEp_zEIFD7kXFaAb" style="text-align: right" title="Increase Dececrease in Unrealized gains (losses) on restricted assets">30,956</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98D_ecustom--UnrealizedGainsOnRestrictedAssets_iE_pp0p0_c20200101__20201231_fKDEp_zfFOpyGwHRgc" style="text-align: right" title="Unrealized gains (losses) on restricted assets">57,650</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td id="xdx_F4B_zw9HcqiESNGb" style="text-align: justify">Unrealized gains (losses) on cemetery perpetual <br/> care trust investments (1)</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98C_ecustom--UnrealizedGainsOnCemeteryPerpetualCareTrustInvestments1_iS_pp0p0_c20200101__20201231_fKDEp_zrGxSMOU0W3g" style="text-align: right" title="Unrealized gains (losses) on cemetery perpetual care trust investments">22,455</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_987_ecustom--IncreaseDececreaseInUnrealizedGainsOnCemeteryPerpetualCareTrustInvestments_pp0p0_c20200101__20201231_fKDEp_zsgpgadCPZUf" style="text-align: right" title="Increase Dececrease in Unrealized gains (losses) on cemetery perpetual care trust investments">(5,119</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td id="xdx_982_ecustom--UnrealizedGainsOnCemeteryPerpetualCareTrustInvestments1_iE_pp0p0_c20200101__20201231_fKDEp_zft1srpUA0b4" style="text-align: right" title="Unrealized gains (losses) on cemetery perpetual care trust investments">17,336</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: justify; padding-bottom: 1pt">Foreign currency translation adjustments</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_987_eus-gaap--AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax_iS_pp0p0_c20200101__20201231_znc8fjqZ9ll6" style="border-bottom: Black 1pt solid; text-align: right" title="Foreign currency translation adjustments">(2,094</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--TemporaryEquityForeignCurrencyTranslationAdjustments_c20200101__20201231_pp0p0" style="border-bottom: Black 1pt solid; text-align: right" title="Increase Decrease Foreign currency translation adjustments">(34</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--AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax_iE_pp0p0_c20200101__20201231_zVhpGFAYLDy2" style="border-bottom: Black 1pt solid; text-align: right" title="Foreign currency translation adjustments">(2,128</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; padding-bottom: 2.5pt">Other comprehensive income</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_988_ecustom--OtherComprehensiveIncomeBalance_iS_pp0p0_c20200101__20201231_z7IhWlWT5Z2j" style="border-bottom: Black 2.5pt double; text-align: right" title="Other comprehensive income (loss), Balance">13,726,514</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_984_ecustom--IncreaseDecreaseInOtherComprehensiveIncomeBalance_c20200101__20201231_pp0p0" style="border-bottom: Black 2.5pt double; text-align: right" title="Increase (Decrease) in Other comprehensive income (loss), Balance">9,516,619</td><td style="padding-bottom: 2.5pt; 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--OtherComprehensiveIncomeBalance_iE_pp0p0_c20200101__20201231_zbHb1cBenKIh" style="border-bottom: Black 2.5pt double; text-align: right" title="Other comprehensive income (loss), Balance">23,243,133</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <div style="width: 25%"><div style="border-top: Black 1pt solid; font-size: 1pt"> </div></div> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"/></p> <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: 0.15pc"><span id="xdx_F0E_zRnQwQWIhVQg" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(1)</span></td> <td style="text-align: justify"><span id="xdx_F19_zHeI9D5lYvs7" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Fixed maturity securities available for sale</span></td></tr> </table> <p id="xdx_8AD_zqQGbTR7ewWa" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: center"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">SECURITY NATIONAL FINANCIAL CORPORATION</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">AND SUBSIDIARIES</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Notes to Consolidated Financial Statements</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Years Ended December 31, 2021 and 2020</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5in; text-align: justify; text-indent: -0.5in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p id="xdx_894_ecustom--ScheduleOfChangesInAccumulatedOtherComprehensiveIncomeTextBlock_zSn9KPH6QhX6" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The following summarizes the changes in accumulated other comprehensive income:</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span id="xdx_8BB_zVXy59Lm1Rxa" style="display: none">Schedule of Changes in accumulated other comprehensive income</span> </span></p> <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_495_20210101__20211231_z3bh5m71X5o7" style="border-bottom: Black 1pt solid; text-align: center">2021</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_49D_20200101_20201231" style="border-bottom: Black 1pt solid; text-align: center">2020</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">December 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">2021</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">2020</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></tr> <tr id="xdx_405_ecustom--UnrealizedGainsOnFixedMaturitySecuritiesAvailableForSale_i_pp0p0" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 60%; text-align: left">Unrealized gains on 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">(7,323,241</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">12,016,464</td><td style="width: 1%; text-align: left"> </td></tr> <tr id="xdx_409_ecustom--ReclassificationAdjustmentForNetRealizedGainsInNetIncome_i_pp0p0" style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 1pt">Amounts reclassified into net earnings</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">805,510</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">(2,772</td><td style="padding-bottom: 1pt; text-align: left">)</td></tr> <tr id="xdx_406_ecustom--NetUnrealizedGainsBeforeTaxes_i_pp0p0" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: justify">Net unrealized gains before taxes</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(6,517,731</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">12,013,692</td><td style="text-align: left"> </td></tr> <tr id="xdx_405_ecustom--TaxExpense_i_pp0p0" style="vertical-align: bottom; background-color: White"> <td style="text-align: justify; padding-bottom: 1pt">Tax expense</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">1,368,721</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">(2,522,876</td><td style="padding-bottom: 1pt; text-align: left">)</td></tr> <tr id="xdx_408_ecustom--NetUnrealizedGainLoss_i_pp0p0" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 10pt; padding-bottom: 1pt">Net</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">(5,149,010</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">9,490,816</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_401_ecustom--UnrealizedGainsForBankLoanInterestRateSwapsBeforeTaxes_i_pp0p0" style="vertical-align: bottom; background-color: White"> <td style="text-align: justify">Unrealized gains on restricted assets (1)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(23,250</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">41,225</td><td style="text-align: left"> </td></tr> <tr id="xdx_406_ecustom--PotentialTaxExpense_i_pp0p0" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: justify; padding-bottom: 1pt">Tax expense</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">5,792</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">(10,269</td><td style="padding-bottom: 1pt; text-align: left">)</td></tr> <tr id="xdx_40E_ecustom--NetUnrealizedGainLossIncludingDerivatieBankLoansAndTaxBenefit_i_pp0p0" style="vertical-align: bottom; background-color: White"> <td style="padding-left: 10pt; padding-bottom: 1pt">Net</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">(17,458</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">30,956</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_40B_ecustom--UnrealizedGainsOnCemeteryPerpetualCareTrustInvestments_i_pp0p0" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td id="xdx_F47_zajHoFLDrNt4" style="text-align: justify">Unrealized gains on cemetery perpetual care trust investments (1)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(11,114</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(6,817</td><td style="text-align: left">)</td></tr> <tr id="xdx_409_ecustom--TaxExpenses_i_pp0p0" style="vertical-align: bottom; background-color: White"> <td style="text-align: justify; padding-bottom: 1pt">Tax expense</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">2,769</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">1,698</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_401_ecustom--NetUnrealizedGainLosses_i_pp0p0" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 10pt; padding-bottom: 1pt">Net</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">(8,345</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">(5,119</td><td style="padding-bottom: 1pt; text-align: left">)</td></tr> <tr id="xdx_401_ecustom--UnrealizedGainsForForeignCurrencyTranslationAdjustments_i_pp0p0" style="vertical-align: bottom; background-color: White"> <td style="text-align: justify">Unrealized gains for foreign currency translations adjustments</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">2,835</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(46</td><td style="text-align: left">)</td></tr> <tr id="xdx_40F_eus-gaap--OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax_i_pp0p0" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: justify; padding-bottom: 1pt">Tax expense</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">(707</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">12</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_40A_ecustom--OtherComprehensiveIncomeBalanceNet_i_pp0p0" style="vertical-align: bottom; background-color: White"> <td style="padding-left: 10pt; padding-bottom: 1pt">Net</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">2,128</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">(34</td><td style="padding-bottom: 1pt; text-align: left">)</td></tr> <tr id="xdx_40E_ecustom--OtherComprehensiveIncomeChanges_i_pp0p0" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: justify; padding-bottom: 2.5pt">Other comprehensive income 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">(5,172,685</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 style="border-bottom: Black 2.5pt double; text-align: right">9,516,619</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"/> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"/> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"/> <div style="width: 15%"><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: justify; width: 0.15pc"><span id="xdx_F0E_zKWnjr0zsh65" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(1)</span></td> <td style="text-align: justify"><span id="xdx_F19_zmGGgnSI1oh7" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Fixed maturity securities available for sale</span></td></tr> </table> -7323241 12016464 805510 -2772 -6517731 12013692 1368721 -2522876 -5149010 9490816 -23250 41225 5792 -10269 -17458 30956 -11114 -6817 2769 1698 -8345 -5119 2835 -46 -707 12 2128 -34 -5172685 9516619 <p id="xdx_89A_ecustom--AccumulatedBalancesOfOtherComprehensiveIncomeTextBlock_z912n93vEfN4" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The following is the accumulated balances of other comprehensive income as of December 31, 2021:</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: left"><span id="xdx_8B2_zgrZMlkhReif" style="display: none">Schedule of Accumulated Balances of Other Comprehensive Income</span><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 95%"> <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"><p style="margin-top: 0; margin-bottom: 0">Beginning</p> <p style="margin-top: 0; margin-bottom: 0">Balance</p> <p style="margin-top: 0; margin-bottom: 0">December 31,</p> <p style="margin-top: 0; margin-bottom: 0">2020</p></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"><p style="margin-top: 0; margin-bottom: 0">Change for</p> <p style="margin-top: 0; margin-bottom: 0">the period</p></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"><p style="margin-top: 0; margin-bottom: 0">Ending</p> <p style="margin-top: 0; margin-bottom: 0">Balance</p> <p style="margin-top: 0; margin-bottom: 0">December 31,</p> <p style="margin-top: 0; margin-bottom: 0">2021</p></td><td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 40%; 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_983_ecustom--UnrealizedNetGainsOnAvailableForSaleSecurities_iS_pp0p0_c20210101__20211231_zJYOor9f4Ms" style="width: 16%; text-align: right" title="Unrealized gains on fix maturity securities available-for-sale">23,170,275</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_988_ecustom--IncreaseDecreaseInUnrealizedNetGainsOnAvailableForSaleSecurities_pp0p0_c20210101__20211231_zG4j52GTxBBi" style="width: 16%; text-align: right" title="Increase (Decrease) in Unrealized gains on fixed maturity securities available-for-sale">(5,149,010</td><td style="width: 1%; text-align: left">)</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_98F_ecustom--UnrealizedNetGainsOnAvailableForSaleSecurities_iE_pp0p0_c20210101__20211231_z2kGEpLmE4Ic" style="width: 16%; 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></tr> <tr style="vertical-align: bottom; background-color: White"> <td id="xdx_F4D_zd6ZjoVBcv06" style="text-align: justify">Unrealized gains (losses) on restricted assets (1)</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98E_ecustom--UnrealizedGainsOnRestrictedAssets_iS_pp0p0_c20210101__20211231_fKDEp_z8SnWhjHiuWc" style="text-align: right" title="Unrealized gains (losses) on restricted assets">57,650</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_986_ecustom--IncreaseDececreaseInUnrealizedGainsOnRestrictedAssets_pp0p0_c20210101__20211231_fKDEp_zZLpb74hDfwb" style="text-align: right" title="Increase Dececrease in Unrealized gains (losses) on restricted assets">(17,458</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98D_ecustom--UnrealizedGainsOnRestrictedAssets_iE_pp0p0_c20210101__20211231_fKDEp_zecN6T6RcjMd" style="text-align: right" title="Unrealized gains (losses) on restricted assets">40,192</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td id="xdx_F4B_zlSz7qmv3dl9" style="text-align: justify">Unrealized gains (losses) on cemetery perpetual <br/> care trust investments (1)</td><td> </td> <td style="text-align: left"> </td><td id="xdx_980_ecustom--UnrealizedGainsOnCemeteryPerpetualCareTrustInvestments1_iS_pp0p0_c20210101__20211231_fKDEp_zzNN6HLDqIka" style="text-align: right" title="Unrealized gains (losses) on cemetery perpetual care trust investments">17,336</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98A_ecustom--IncreaseDececreaseInUnrealizedGainsOnCemeteryPerpetualCareTrustInvestments_pp0p0_c20210101__20211231_fKDEp_zERkZJNRTKJh" style="text-align: right" title="Increase Dececrease in Unrealized gains (losses) on cemetery perpetual care trust investments">(8,345</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td id="xdx_988_ecustom--UnrealizedGainsOnCemeteryPerpetualCareTrustInvestments1_iE_pp0p0_c20210101__20211231_fKDEp_zidQLmBL28Ui" style="text-align: right" title="Unrealized gains (losses) on cemetery perpetual care trust investments">8,991</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: justify; padding-bottom: 1pt">Foreign currency translation adjustments</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_988_eus-gaap--AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax_iS_pp0p0_c20210101__20211231_zTbPDFN6HNX4" style="border-bottom: Black 1pt solid; text-align: right" title="Foreign currency translation adjustments">(2,128</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--TemporaryEquityForeignCurrencyTranslationAdjustments_pp0p0_c20210101__20211231_zOXGW5aKxHaj" style="border-bottom: Black 1pt solid; text-align: right" title="Increase Decrease Foreign currency translation adjustments">2,128</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--AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax_iE_pp0p0_c20210101__20211231_zqFWduhGUuI9" style="border-bottom: Black 1pt solid; text-align: right" title="Foreign currency translation adjustments"><span style="-sec-ix-hidden: xdx2ixbrl4444">-</span></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; padding-bottom: 2.5pt">Other comprehensive income</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_984_ecustom--OtherComprehensiveIncomeBalance_iS_pp0p0_c20210101__20211231_zxPuk5VF7aj" style="border-bottom: Black 2.5pt double; text-align: right" title="Other comprehensive income (loss), Balance">23,243,133</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_982_ecustom--IncreaseDecreaseInOtherComprehensiveIncomeBalance_pp0p0_c20210101__20211231_zfCLNzEYJyy6" style="border-bottom: Black 2.5pt double; text-align: right" title="Increase (Decrease) in Other comprehensive income (loss), Balance">(5,172,685</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_980_ecustom--OtherComprehensiveIncomeBalance_iE_pp0p0_c20210101__20211231_zXFwMStAyLPb" 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></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0"/> <div style="width: 25%"><div style="border-top: Black 1pt solid; font-size: 1pt"> </div></div> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0"/> <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: 0.15pc"><span id="xdx_F0B_ztwDQ1LAAxnc" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(1)</span></td> <td><span id="xdx_F13_z3z4slveiMYa" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Fixed maturity securities available for sale</span></td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The following is the accumulated balances of other comprehensive income as of December 31, 2020:</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: left"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 95%"> <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"><p style="margin-top: 0; margin-bottom: 0">Beginning</p> <p style="margin-top: 0; margin-bottom: 0">Balance</p> <p style="margin-top: 0; margin-bottom: 0">December 31,</p> <p style="margin-top: 0; margin-bottom: 0">2019</p></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"><p style="margin-top: 0; margin-bottom: 0">Change for</p> <p style="margin-top: 0; margin-bottom: 0">the period</p></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"><p style="margin-top: 0; margin-bottom: 0">Ending</p> <p style="margin-top: 0; margin-bottom: 0">Balance</p> <p style="margin-top: 0; margin-bottom: 0">December 31,</p> <p style="margin-top: 0; margin-bottom: 0">2020</p></td><td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 40%; text-align: left">Unrealized gains on fixed maturity securities available for sale</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_984_ecustom--UnrealizedNetGainsOnAvailableForSaleSecurities_iS_pp0p0_c20200101__20201231_z9GiPN8EMVpl" style="width: 16%; text-align: right" title="Unrealized gains on fix maturity securities available-for-sale">13,679,459</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_988_ecustom--IncreaseDecreaseInUnrealizedNetGainsOnAvailableForSaleSecurities_c20200101__20201231_pp0p0" style="width: 16%; text-align: right" title="Increase (Decrease) in Unrealized gains on fixed maturity securities available-for-sale">9,490,816</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_98F_ecustom--UnrealizedNetGainsOnAvailableForSaleSecurities_iE_pp0p0_c20200101__20201231_zrvOUlQ5fxq5" style="width: 16%; text-align: right" title="Unrealized gains on fix maturity securities available-for-sale">23,170,275</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td id="xdx_F48_zUZTSKYpOi09" style="text-align: justify">Unrealized gains on restricted assets (1)</td><td> </td> <td style="text-align: left"> </td><td id="xdx_980_ecustom--UnrealizedGainsOnRestrictedAssets_iS_pp0p0_c20200101__20201231_fKDEp_zX1OKJHIAHpl" style="text-align: right" title="Unrealized gains (losses) on restricted assets">26,694</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_982_ecustom--IncreaseDececreaseInUnrealizedGainsOnRestrictedAssets_pp0p0_c20200101__20201231_fKDEp_zEIFD7kXFaAb" style="text-align: right" title="Increase Dececrease in Unrealized gains (losses) on restricted assets">30,956</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98D_ecustom--UnrealizedGainsOnRestrictedAssets_iE_pp0p0_c20200101__20201231_fKDEp_zfFOpyGwHRgc" style="text-align: right" title="Unrealized gains (losses) on restricted assets">57,650</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td id="xdx_F4B_zw9HcqiESNGb" style="text-align: justify">Unrealized gains (losses) on cemetery perpetual <br/> care trust investments (1)</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98C_ecustom--UnrealizedGainsOnCemeteryPerpetualCareTrustInvestments1_iS_pp0p0_c20200101__20201231_fKDEp_zrGxSMOU0W3g" style="text-align: right" title="Unrealized gains (losses) on cemetery perpetual care trust investments">22,455</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_987_ecustom--IncreaseDececreaseInUnrealizedGainsOnCemeteryPerpetualCareTrustInvestments_pp0p0_c20200101__20201231_fKDEp_zsgpgadCPZUf" style="text-align: right" title="Increase Dececrease in Unrealized gains (losses) on cemetery perpetual care trust investments">(5,119</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td id="xdx_982_ecustom--UnrealizedGainsOnCemeteryPerpetualCareTrustInvestments1_iE_pp0p0_c20200101__20201231_fKDEp_zft1srpUA0b4" style="text-align: right" title="Unrealized gains (losses) on cemetery perpetual care trust investments">17,336</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: justify; padding-bottom: 1pt">Foreign currency translation adjustments</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_987_eus-gaap--AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax_iS_pp0p0_c20200101__20201231_znc8fjqZ9ll6" style="border-bottom: Black 1pt solid; text-align: right" title="Foreign currency translation adjustments">(2,094</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--TemporaryEquityForeignCurrencyTranslationAdjustments_c20200101__20201231_pp0p0" style="border-bottom: Black 1pt solid; text-align: right" title="Increase Decrease Foreign currency translation adjustments">(34</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--AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax_iE_pp0p0_c20200101__20201231_zVhpGFAYLDy2" style="border-bottom: Black 1pt solid; text-align: right" title="Foreign currency translation adjustments">(2,128</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; padding-bottom: 2.5pt">Other comprehensive income</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_988_ecustom--OtherComprehensiveIncomeBalance_iS_pp0p0_c20200101__20201231_z7IhWlWT5Z2j" style="border-bottom: Black 2.5pt double; text-align: right" title="Other comprehensive income (loss), Balance">13,726,514</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_984_ecustom--IncreaseDecreaseInOtherComprehensiveIncomeBalance_c20200101__20201231_pp0p0" style="border-bottom: Black 2.5pt double; text-align: right" title="Increase (Decrease) in Other comprehensive income (loss), Balance">9,516,619</td><td style="padding-bottom: 2.5pt; 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--OtherComprehensiveIncomeBalance_iE_pp0p0_c20200101__20201231_zbHb1cBenKIh" style="border-bottom: Black 2.5pt double; text-align: right" title="Other comprehensive income (loss), Balance">23,243,133</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <div style="width: 25%"><div style="border-top: Black 1pt solid; font-size: 1pt"> </div></div> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"/></p> <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: 0.15pc"><span id="xdx_F0E_zRnQwQWIhVQg" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(1)</span></td> <td style="text-align: justify"><span id="xdx_F19_zHeI9D5lYvs7" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Fixed maturity securities available for sale</span></td></tr> </table> 23170275 -5149010 18021265 57650 -17458 40192 17336 -8345 8991 -2128 2128 23243133 -5172685 18070448 13679459 9490816 23170275 26694 30956 57650 22455 -5119 17336 -2094 -34 -2128 13726514 9516619 23243133 <p id="xdx_806_eus-gaap--DerivativeInstrumentsAndHedgingActivitiesDisclosureTextBlock_zw9BGSS90x9d" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5in; text-align: justify; text-indent: -0.5in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">19) <span style="text-decoration: underline"><span id="xdx_827_zlPxCD2EWF0i">Derivative Instruments</span></span></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p id="xdx_890_eus-gaap--ScheduleOfDerivativeAssetsAtFairValueTableTextBlock_z9R3pdPCMF87" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The following table shows the fair value and notional amounts of derivative instruments.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span id="xdx_8BA_zubriQ3Fepjh" style="display: none">Schedule of Derivative Assets at Fair Value</span><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 95%"> <tr style="vertical-align: bottom"> <td> </td><td style="padding-bottom: 1pt"> </td> <td> </td><td style="padding-bottom: 1pt"> </td> <td colspan="10" style="border-bottom: Black 1pt solid; text-align: center">December 31, 2021</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="10" style="border-bottom: Black 1pt solid; text-align: center">December 31, 2020</td><td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: center">Balance Sheet Location</td><td style="padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Notional Amount</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">Asset 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">Liability 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">Notional Amount</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">Asset 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"><p style="margin-top: 0; margin-bottom: 0">Liability Fair</p> <p style="margin-top: 0; margin-bottom: 0">Value</p></td><td style="padding-bottom: 1pt"> </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: rgb(204,238,255)"> <td style="vertical-align: top; width: 12%; text-align: left">Loan commitments</td><td style="width: 2%"> </td> <td style="width: 10%; 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_98A_eus-gaap--DerivativeNotionalAmount_iI_pp0p0_c20211231__us-gaap--SubsidiarySaleOfStockAxis__custom--LoanCommitmentsMember_z3U4oemRHxDl" style="width: 9%; text-align: right" title="Derivative, notional amount">862,568,967</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_989_eus-gaap--DerivativeAssetNotionalAmount_iI_pp0p0_c20211231__us-gaap--SubsidiarySaleOfStockAxis__custom--LoanCommitmentsMember_z3LM6HHtOOuk" style="width: 9%; text-align: right" title="Derivative asset, notional amount">8,563,410</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_98C_eus-gaap--DerivativeLiabilityNotionalAmount_iI_pp0p0_c20211231__us-gaap--SubsidiarySaleOfStockAxis__custom--LoanCommitmentsMember_zrAMvz5FWnP3" style="width: 9%; text-align: right" title="Derivative liability, notional amount">1,547,895</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_989_eus-gaap--DerivativeNotionalAmount_c20201231__us-gaap--SubsidiarySaleOfStockAxis__custom--LoanCommitmentsMember_pp0p0" style="width: 9%; text-align: right" title="Derivative, notional amount">659,245,038</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_986_eus-gaap--DerivativeAssetNotionalAmount_c20201231__us-gaap--SubsidiarySaleOfStockAxis__custom--LoanCommitmentsMember_pp0p0" style="width: 8%; text-align: right" title="Derivative asset, notional amount">12,592,672</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--DerivativeLiabilityNotionalAmount_c20201231__us-gaap--SubsidiarySaleOfStockAxis__custom--LoanCommitmentsMember_pp0p0" style="width: 8%; text-align: right" title="Derivative liability, notional amount">2,464,062</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <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_986_eus-gaap--DerivativeNotionalAmount_iI_pp0p0_c20211231__us-gaap--SubsidiarySaleOfStockAxis__custom--CallOptionsMember_zAkP0ed3148i" style="text-align: right" title="Derivative, notional amount">982,500</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_984_eus-gaap--DerivativeAssetNotionalAmount_iI_pp0p0_c20211231__us-gaap--SubsidiarySaleOfStockAxis__custom--CallOptionsMember_zMvsnYZalg04" style="text-align: right" title="Derivative asset, notional amount"><span style="-sec-ix-hidden: xdx2ixbrl4502">—</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_989_eus-gaap--DerivativeLiabilityNotionalAmount_iI_pp0p0_c20211231__us-gaap--SubsidiarySaleOfStockAxis__custom--CallOptionsMember_zEKN3vQbLPf9" style="text-align: right" title="Derivative liability, notional amount">50,936</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_982_eus-gaap--DerivativeNotionalAmount_c20201231__us-gaap--SubsidiarySaleOfStockAxis__custom--CallOptionsMember_pp0p0" style="text-align: right" title="Derivative, notional amount">1,873,200</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_980_eus-gaap--DerivativeAssetNotionalAmount_c20201231__us-gaap--SubsidiarySaleOfStockAxis__custom--CallOptionsMember_pp0p0" style="text-align: right" title="Derivative asset, notional amount"><span style="-sec-ix-hidden: xdx2ixbrl4508">—</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_986_eus-gaap--DerivativeLiabilityNotionalAmount_c20201231__us-gaap--SubsidiarySaleOfStockAxis__custom--CallOptionsMember_pp0p0" style="text-align: right" title="Derivative liability, notional amount">43,097</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">Put options</td><td style="padding-bottom: 1pt"> </td> <td style="text-align: center; padding-bottom: 1pt">Other liabilities</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98C_eus-gaap--DerivativeNotionalAmount_iI_pp0p0_c20211231__us-gaap--SubsidiarySaleOfStockAxis__custom--PutOptionsMember_za4TD4axAS3j" style="border-bottom: Black 1pt solid; text-align: right" title="Derivative, notional amount">362,900</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--DerivativeAssetNotionalAmount_iI_pp0p0_c20211231__us-gaap--SubsidiarySaleOfStockAxis__custom--PutOptionsMember_z8AJw9P9luB2" style="border-bottom: Black 1pt solid; text-align: right" title="Derivative asset, notional amount"><span style="-sec-ix-hidden: xdx2ixbrl4514">—</span></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--DerivativeLiabilityNotionalAmount_iI_pp0p0_c20211231__us-gaap--SubsidiarySaleOfStockAxis__custom--PutOptionsMember_zu2g35doRdY6" style="border-bottom: Black 1pt solid; text-align: right" title="Derivative liability, notional amount">4,493</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--DerivativeNotionalAmount_iI_pp0p0_c20201231__us-gaap--SubsidiarySaleOfStockAxis__custom--PutOptionsMember_zW8BVeBsw2fj" style="border-bottom: Black 1pt solid; text-align: right" title="Derivative, notional amount"><span style="-sec-ix-hidden: xdx2ixbrl4518">—</span></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_98B_eus-gaap--DerivativeAssetNotionalAmount_iI_pp0p0_c20201231__us-gaap--SubsidiarySaleOfStockAxis__custom--PutOptionsMember_zEu4M4G3hAFb" style="border-bottom: Black 1pt solid; text-align: right" title="Derivative asset, notional amount"><span style="-sec-ix-hidden: xdx2ixbrl4520">—</span></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--DerivativeLiabilityNotionalAmount_iI_pp0p0_c20201231__us-gaap--SubsidiarySaleOfStockAxis__custom--PutOptionsMember_zVZELK6TXNz" style="border-bottom: Black 1pt solid; text-align: right" title="Derivative liability, notional amount"><span style="-sec-ix-hidden: xdx2ixbrl4522">—</span></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">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_985_eus-gaap--DerivativeNotionalAmount_iI_pp0p0_c20211231__us-gaap--SubsidiarySaleOfStockAxis__custom--NetDerivativesLoanCommitmentsMember_zEPtSQSLp05k" style="border-bottom: Black 2.5pt double; text-align: right" title="Derivative, notional amount">863,914,367</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_989_eus-gaap--DerivativeAssetNotionalAmount_iI_pp0p0_c20211231__us-gaap--SubsidiarySaleOfStockAxis__custom--NetDerivativesLoanCommitmentsMember_zizXqw4qjfUi" style="border-bottom: Black 2.5pt double; text-align: right" title="Derivative asset, notional amount">8,563,410</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_984_eus-gaap--DerivativeLiabilityNotionalAmount_iI_pp0p0_c20211231__us-gaap--SubsidiarySaleOfStockAxis__custom--NetDerivativesLoanCommitmentsMember_z66cRuHaUvfe" style="border-bottom: Black 2.5pt double; text-align: right" title="Derivative liability, notional amount">1,603,324</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_989_eus-gaap--DerivativeNotionalAmount_c20201231__us-gaap--SubsidiarySaleOfStockAxis__custom--NetDerivativesLoanCommitmentsMember_pp0p0" style="border-bottom: Black 2.5pt double; text-align: right" title="Derivative, notional amount">661,118,238</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98B_eus-gaap--DerivativeAssetNotionalAmount_c20201231__us-gaap--SubsidiarySaleOfStockAxis__custom--NetDerivativesLoanCommitmentsMember_pp0p0" style="border-bottom: Black 2.5pt double; text-align: right" title="Derivative asset, notional amount">12,592,672</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_98A_eus-gaap--DerivativeLiabilityNotionalAmount_c20201231__us-gaap--SubsidiarySaleOfStockAxis__custom--NetDerivativesLoanCommitmentsMember_pp0p0" style="border-bottom: Black 2.5pt double; text-align: right" title="Derivative liability, notional amount">2,507,159</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> <p id="xdx_8AD_zsQKV3a1Z4b9" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The following table presents the gains (losses) 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.</span></p> <p id="xdx_898_ecustom--ScheduleOfGainsAndLossesOnDerivativesTextBlock_zJcHGOwUWtOh" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span id="xdx_8B9_zFi9UnLBmOm9" style="display: none">Schedule of Gains and Losses on Derivatives</span><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <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> </td><td style="padding-bottom: 1pt"> </td> <td colspan="6" style="border-bottom: Black 1pt solid; text-align: center">Years ended December 31</td><td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: Black 1pt solid; text-align: center">Derivative</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: center">Classification</td><td style="padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">2021</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">2020</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; padding-bottom: 2.5pt">Loan commitments</td><td style="width: 2%; padding-bottom: 2.5pt"> </td> <td style="width: 28%; 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_98C_eus-gaap--DerivativeGainLossOnDerivativeNet_pp0p0_c20210101__20211231__us-gaap--SubsidiarySaleOfStockAxis__custom--LoanCommitmentsMember_zClNdWKd04zi" style="border-bottom: Black 2.5pt double; width: 17%; text-align: right" title="Gain (loss) on derivatives">(3,113,095</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">$</td><td id="xdx_98C_eus-gaap--DerivativeGainLossOnDerivativeNet_pp0p0_c20200101__20201231__us-gaap--SubsidiarySaleOfStockAxis__custom--LoanCommitmentsMember_z0LZkjjw2TVf" style="border-bottom: Black 2.5pt double; width: 17%; text-align: right" title="Gain (loss) on derivatives">7,637,377</td><td style="width: 1%; padding-bottom: 2.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 2.5pt">Call and put options</td><td style="padding-bottom: 2.5pt"> </td> <td style="text-align: left; padding-bottom: 2.5pt">Gains on investments and other assets</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98C_eus-gaap--DerivativeGainLossOnDerivativeNet_pp0p0_c20210101__20211231__us-gaap--SubsidiarySaleOfStockAxis__custom--CallAndPutOptionsMember_zY2rvbmTnTW8" style="border-bottom: Black 2.5pt double; text-align: right" title="Gain (loss) on derivatives">160,410</td><td style="padding-bottom: 2.5pt; 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--DerivativeGainLossOnDerivativeNet_pp0p0_c20200101__20201231__us-gaap--SubsidiarySaleOfStockAxis__custom--CallAndPutOptionsMember_zyKooT7wcr9" style="border-bottom: Black 2.5pt double; text-align: right" title="Gain (loss) on derivatives">272,758</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> <p id="xdx_8AD_zZeEqzlkBsga" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: center"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">SECURITY NATIONAL FINANCIAL CORPORATION</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">AND SUBSIDIARIES</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Notes to Consolidated Financial Statements</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Years Ended December 31, 2021 and 2020</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p id="xdx_890_eus-gaap--ScheduleOfDerivativeAssetsAtFairValueTableTextBlock_z9R3pdPCMF87" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The following table shows the fair value and notional amounts of derivative instruments.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span id="xdx_8BA_zubriQ3Fepjh" style="display: none">Schedule of Derivative Assets at Fair Value</span><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 95%"> <tr style="vertical-align: bottom"> <td> </td><td style="padding-bottom: 1pt"> </td> <td> </td><td style="padding-bottom: 1pt"> </td> <td colspan="10" style="border-bottom: Black 1pt solid; text-align: center">December 31, 2021</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="10" style="border-bottom: Black 1pt solid; text-align: center">December 31, 2020</td><td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: center">Balance Sheet Location</td><td style="padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Notional Amount</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">Asset 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">Liability 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">Notional Amount</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">Asset 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"><p style="margin-top: 0; margin-bottom: 0">Liability Fair</p> <p style="margin-top: 0; margin-bottom: 0">Value</p></td><td style="padding-bottom: 1pt"> </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: rgb(204,238,255)"> <td style="vertical-align: top; width: 12%; text-align: left">Loan commitments</td><td style="width: 2%"> </td> <td style="width: 10%; 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_98A_eus-gaap--DerivativeNotionalAmount_iI_pp0p0_c20211231__us-gaap--SubsidiarySaleOfStockAxis__custom--LoanCommitmentsMember_z3U4oemRHxDl" style="width: 9%; text-align: right" title="Derivative, notional amount">862,568,967</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_989_eus-gaap--DerivativeAssetNotionalAmount_iI_pp0p0_c20211231__us-gaap--SubsidiarySaleOfStockAxis__custom--LoanCommitmentsMember_z3LM6HHtOOuk" style="width: 9%; text-align: right" title="Derivative asset, notional amount">8,563,410</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_98C_eus-gaap--DerivativeLiabilityNotionalAmount_iI_pp0p0_c20211231__us-gaap--SubsidiarySaleOfStockAxis__custom--LoanCommitmentsMember_zrAMvz5FWnP3" style="width: 9%; text-align: right" title="Derivative liability, notional amount">1,547,895</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_989_eus-gaap--DerivativeNotionalAmount_c20201231__us-gaap--SubsidiarySaleOfStockAxis__custom--LoanCommitmentsMember_pp0p0" style="width: 9%; text-align: right" title="Derivative, notional amount">659,245,038</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_986_eus-gaap--DerivativeAssetNotionalAmount_c20201231__us-gaap--SubsidiarySaleOfStockAxis__custom--LoanCommitmentsMember_pp0p0" style="width: 8%; text-align: right" title="Derivative asset, notional amount">12,592,672</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--DerivativeLiabilityNotionalAmount_c20201231__us-gaap--SubsidiarySaleOfStockAxis__custom--LoanCommitmentsMember_pp0p0" style="width: 8%; text-align: right" title="Derivative liability, notional amount">2,464,062</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <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_986_eus-gaap--DerivativeNotionalAmount_iI_pp0p0_c20211231__us-gaap--SubsidiarySaleOfStockAxis__custom--CallOptionsMember_zAkP0ed3148i" style="text-align: right" title="Derivative, notional amount">982,500</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_984_eus-gaap--DerivativeAssetNotionalAmount_iI_pp0p0_c20211231__us-gaap--SubsidiarySaleOfStockAxis__custom--CallOptionsMember_zMvsnYZalg04" style="text-align: right" title="Derivative asset, notional amount"><span style="-sec-ix-hidden: xdx2ixbrl4502">—</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_989_eus-gaap--DerivativeLiabilityNotionalAmount_iI_pp0p0_c20211231__us-gaap--SubsidiarySaleOfStockAxis__custom--CallOptionsMember_zEKN3vQbLPf9" style="text-align: right" title="Derivative liability, notional amount">50,936</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_982_eus-gaap--DerivativeNotionalAmount_c20201231__us-gaap--SubsidiarySaleOfStockAxis__custom--CallOptionsMember_pp0p0" style="text-align: right" title="Derivative, notional amount">1,873,200</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_980_eus-gaap--DerivativeAssetNotionalAmount_c20201231__us-gaap--SubsidiarySaleOfStockAxis__custom--CallOptionsMember_pp0p0" style="text-align: right" title="Derivative asset, notional amount"><span style="-sec-ix-hidden: xdx2ixbrl4508">—</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_986_eus-gaap--DerivativeLiabilityNotionalAmount_c20201231__us-gaap--SubsidiarySaleOfStockAxis__custom--CallOptionsMember_pp0p0" style="text-align: right" title="Derivative liability, notional amount">43,097</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">Put options</td><td style="padding-bottom: 1pt"> </td> <td style="text-align: center; padding-bottom: 1pt">Other liabilities</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98C_eus-gaap--DerivativeNotionalAmount_iI_pp0p0_c20211231__us-gaap--SubsidiarySaleOfStockAxis__custom--PutOptionsMember_za4TD4axAS3j" style="border-bottom: Black 1pt solid; text-align: right" title="Derivative, notional amount">362,900</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--DerivativeAssetNotionalAmount_iI_pp0p0_c20211231__us-gaap--SubsidiarySaleOfStockAxis__custom--PutOptionsMember_z8AJw9P9luB2" style="border-bottom: Black 1pt solid; text-align: right" title="Derivative asset, notional amount"><span style="-sec-ix-hidden: xdx2ixbrl4514">—</span></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--DerivativeLiabilityNotionalAmount_iI_pp0p0_c20211231__us-gaap--SubsidiarySaleOfStockAxis__custom--PutOptionsMember_zu2g35doRdY6" style="border-bottom: Black 1pt solid; text-align: right" title="Derivative liability, notional amount">4,493</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--DerivativeNotionalAmount_iI_pp0p0_c20201231__us-gaap--SubsidiarySaleOfStockAxis__custom--PutOptionsMember_zW8BVeBsw2fj" style="border-bottom: Black 1pt solid; text-align: right" title="Derivative, notional amount"><span style="-sec-ix-hidden: xdx2ixbrl4518">—</span></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_98B_eus-gaap--DerivativeAssetNotionalAmount_iI_pp0p0_c20201231__us-gaap--SubsidiarySaleOfStockAxis__custom--PutOptionsMember_zEu4M4G3hAFb" style="border-bottom: Black 1pt solid; text-align: right" title="Derivative asset, notional amount"><span style="-sec-ix-hidden: xdx2ixbrl4520">—</span></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--DerivativeLiabilityNotionalAmount_iI_pp0p0_c20201231__us-gaap--SubsidiarySaleOfStockAxis__custom--PutOptionsMember_zVZELK6TXNz" style="border-bottom: Black 1pt solid; text-align: right" title="Derivative liability, notional amount"><span style="-sec-ix-hidden: xdx2ixbrl4522">—</span></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">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_985_eus-gaap--DerivativeNotionalAmount_iI_pp0p0_c20211231__us-gaap--SubsidiarySaleOfStockAxis__custom--NetDerivativesLoanCommitmentsMember_zEPtSQSLp05k" style="border-bottom: Black 2.5pt double; text-align: right" title="Derivative, notional amount">863,914,367</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_989_eus-gaap--DerivativeAssetNotionalAmount_iI_pp0p0_c20211231__us-gaap--SubsidiarySaleOfStockAxis__custom--NetDerivativesLoanCommitmentsMember_zizXqw4qjfUi" style="border-bottom: Black 2.5pt double; text-align: right" title="Derivative asset, notional amount">8,563,410</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_984_eus-gaap--DerivativeLiabilityNotionalAmount_iI_pp0p0_c20211231__us-gaap--SubsidiarySaleOfStockAxis__custom--NetDerivativesLoanCommitmentsMember_z66cRuHaUvfe" style="border-bottom: Black 2.5pt double; text-align: right" title="Derivative liability, notional amount">1,603,324</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_989_eus-gaap--DerivativeNotionalAmount_c20201231__us-gaap--SubsidiarySaleOfStockAxis__custom--NetDerivativesLoanCommitmentsMember_pp0p0" style="border-bottom: Black 2.5pt double; text-align: right" title="Derivative, notional amount">661,118,238</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98B_eus-gaap--DerivativeAssetNotionalAmount_c20201231__us-gaap--SubsidiarySaleOfStockAxis__custom--NetDerivativesLoanCommitmentsMember_pp0p0" style="border-bottom: Black 2.5pt double; text-align: right" title="Derivative asset, notional amount">12,592,672</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_98A_eus-gaap--DerivativeLiabilityNotionalAmount_c20201231__us-gaap--SubsidiarySaleOfStockAxis__custom--NetDerivativesLoanCommitmentsMember_pp0p0" style="border-bottom: Black 2.5pt double; text-align: right" title="Derivative liability, notional amount">2,507,159</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> 862568967 8563410 1547895 659245038 12592672 2464062 982500 50936 1873200 43097 362900 4493 863914367 8563410 1603324 661118238 12592672 2507159 <p id="xdx_898_ecustom--ScheduleOfGainsAndLossesOnDerivativesTextBlock_zJcHGOwUWtOh" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span id="xdx_8B9_zFi9UnLBmOm9" style="display: none">Schedule of Gains and Losses on Derivatives</span><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <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> </td><td style="padding-bottom: 1pt"> </td> <td colspan="6" style="border-bottom: Black 1pt solid; text-align: center">Years ended December 31</td><td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: Black 1pt solid; text-align: center">Derivative</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: center">Classification</td><td style="padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">2021</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">2020</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; padding-bottom: 2.5pt">Loan commitments</td><td style="width: 2%; padding-bottom: 2.5pt"> </td> <td style="width: 28%; 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_98C_eus-gaap--DerivativeGainLossOnDerivativeNet_pp0p0_c20210101__20211231__us-gaap--SubsidiarySaleOfStockAxis__custom--LoanCommitmentsMember_zClNdWKd04zi" style="border-bottom: Black 2.5pt double; width: 17%; text-align: right" title="Gain (loss) on derivatives">(3,113,095</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">$</td><td id="xdx_98C_eus-gaap--DerivativeGainLossOnDerivativeNet_pp0p0_c20200101__20201231__us-gaap--SubsidiarySaleOfStockAxis__custom--LoanCommitmentsMember_z0LZkjjw2TVf" style="border-bottom: Black 2.5pt double; width: 17%; text-align: right" title="Gain (loss) on derivatives">7,637,377</td><td style="width: 1%; padding-bottom: 2.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 2.5pt">Call and put options</td><td style="padding-bottom: 2.5pt"> </td> <td style="text-align: left; padding-bottom: 2.5pt">Gains on investments and other assets</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98C_eus-gaap--DerivativeGainLossOnDerivativeNet_pp0p0_c20210101__20211231__us-gaap--SubsidiarySaleOfStockAxis__custom--CallAndPutOptionsMember_zY2rvbmTnTW8" style="border-bottom: Black 2.5pt double; text-align: right" title="Gain (loss) on derivatives">160,410</td><td style="padding-bottom: 2.5pt; 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--DerivativeGainLossOnDerivativeNet_pp0p0_c20200101__20201231__us-gaap--SubsidiarySaleOfStockAxis__custom--CallAndPutOptionsMember_zyKooT7wcr9" style="border-bottom: Black 2.5pt double; text-align: right" title="Gain (loss) on derivatives">272,758</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> -3113095 7637377 160410 272758 <p id="xdx_80B_eus-gaap--MergersAcquisitionsAndDispositionsDisclosuresTextBlock_zTKPBoEoD9u" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">20) <span style="text-decoration: underline"><span id="xdx_82B_zEfeLbn6ZAdj">Acquisitions</span></span></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Rivera Funerals, Cremations and Memorial Gardens</b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">On December 21, 2021, the Company, through its wholly-owned subsidiary, Memorial Estates Inc., completed a business combination transaction with Rivera Funerals, Cremations and Memorial Gardens. The mortuaries and cemetery are located in New Mexico.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Under the terms of the transaction, as set forth in the Asset Purchase Agreement, dated December 21, 2021, Memorial Estates Inc. paid a net purchase price of $<span id="xdx_90F_eus-gaap--BusinessAcquisitionsPurchasePriceAllocationYearOfAcquisitionNetEffectOnIncome_c20210101__20211231_zqKIaxJpA9Wb" title="Business combination, purchase price">10,693,395</span> for the business and assets of Rivera Funerals, Cremations and Memorial Gardens, subject to holdback amounts held by Memorial Estates, Inc. in the total amount of $<span id="xdx_90C_eus-gaap--BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedFinancialAssets_iI_c20211231__us-gaap--BusinessAcquisitionAxis__custom--RiveraFuneralsCremationsAndMemorialGardensMember_zc9fjKMuwxxe" title="Business combination, holdback amount">1,120,000</span>. Pursuant to the Asset Purchase Agreement, Memorial Estates, Inc. is to use $<span id="xdx_901_eus-gaap--BusinessAcquisitionsPurchasePriceAllocationYearOfAcquisitionNetEffectOnIncome_c20210101__20211231__us-gaap--BusinessAcquisitionAxis__custom--RiveraFuneralsCremationsAndMemorialGardensMember_zHcIRRL6PS1i" title="Business combination, purchase price">70,000</span> of the holdback amount to pay, perform and discharge when due, trade accounts payable of Rivera Funerals, Cremations and Memorial Gardens to third parties that remained unpaid. Unapplied portions of the remaining $<span id="xdx_909_eus-gaap--BusinessCombinationIndemnificationAssetsAmountAsOfAcquisitionDate_iI_c20211231__us-gaap--BusinessAcquisitionAxis__custom--RiveraFuneralsCremationsAndMemorialGardensMember_z5yFhBGOxiR5" title="Payment to acquire assets">1,050,000</span> holdback amount are to be released and paid by Memorial Estates Inc. in annual payments of up to $<span id="xdx_90F_eus-gaap--BusinessCombinationIndemnificationAssetsAmountAsOfAcquisitionDate_iI_c20211231__us-gaap--BusinessAcquisitionAxis__custom--RiveraFuneralsCremationsAndMemorialGardensMember__srt--RangeAxis__srt--MaximumMember_zDyGKhXb9VQl" title="Payment to acquire assets">105,000</span> each, beginning on the first anniversary date of the closing date and continuing thereafter on the anniversary dates of the closing date.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p id="xdx_891_eus-gaap--ScheduleOfRecognizedIdentifiedAssetsAcquiredAndLiabilitiesAssumedTableTextBlock_hus-gaap--BusinessAcquisitionAxis__custom--RiveraFuneralsCremationsAndMemorialGardensMember_zDG1LqtkUEr4" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The estimated fair values of the assets acquired and liabilities assumed as of the date of acquisition were as follows:</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span id="xdx_8B8_zgJf5gUvBko" style="display: none">Schedule of Estimated Fair Values of Assets Acquired and Liabilities Assumed</span><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 60%"> <tr style="display: none; vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_498_20211231__us-gaap--BusinessAcquisitionAxis__custom--RiveraFuneralsCremationsAndMemorialGardensMember_zCNzVfWOVY9h" style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr id="xdx_40E_eus-gaap--BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentAssetsOther_iI_pp0p0_maBCRIAzNlj_zAtEsEYgYUtd" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td id="xdx_F4B_zw2zql93WUL5" style="width: 78%; text-align: left">Restricted assets (1)</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 18%; text-align: right">618,006</td><td style="width: 1%; text-align: left"> </td></tr> <tr id="xdx_407_eus-gaap--BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedPropertyPlantAndEquipment_iI_pp0p0_maBCRIAzNlj_zGY5A7RWD91j" style="vertical-align: bottom; background-color: White"> <td id="xdx_F41_zlb34NU5HRid" style="text-align: left">Property and equipment <span>(2)</span></td><td> </td> <td style="text-align: left"> </td><td style="text-align: right" title="Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment">6,255,836</td><td style="text-align: left"> </td></tr> <tr id="xdx_404_eus-gaap--BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedLand_iI_pp0p0_maBCRIAzNlj_zKHx9Jafyla6" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Cemetery land and improvements</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">658,280</td><td style="text-align: left"> </td></tr> <tr id="xdx_40B_eus-gaap--BusinessCombinationRecognizedIdentifiableAssetsAcquiredGoodwillAndLiabilitiesAssumedNet_iI_pp0p0_maBCRIAzNlj_zHaJQwjTvz76" style="vertical-align: bottom; background-color: White"> <td>Goodwill</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">1,338,763</td><td style="text-align: left"> </td></tr> <tr id="xdx_406_eus-gaap--BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedOtherNoncurrentAssets_iI_pp0p0_maBCRIAzNlj_zJxALMp3DsXh" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td id="xdx_F4B_zrk3rC3xuHF7" style="padding-bottom: 1pt">Other <span>(3)</span></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">2,440,516</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_406_eus-gaap--BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedAssets_iTI_pp0p0_mtBCRIAzNlj_zARUGnTmiVkh" style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 1pt">Total assets acquired</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">11,311,401</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 id="xdx_400_eus-gaap--BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCapitalLeaseObligation_iNI_pp0p0_di_maBCRIAzCnQ_zY7EuzqOpg02" style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Cemetery perpetual care obligation</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(618,006</td><td style="text-align: left">)</td></tr> <tr id="xdx_403_eus-gaap--BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentLiabilitiesOther_iNI_pp0p0_di_maBCRIAzCnQ_z4xY2d3CoDz4" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 1pt">Other liabilities - holdback</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">(1,120,000</td><td style="padding-bottom: 1pt; text-align: left">)</td></tr> <tr id="xdx_400_eus-gaap--BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedLiabilities_iNTI_pp0p0_di_mtBCRIAzCnQ_zCr5SAqGPjkf" style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 1pt">Total liabilities assumed</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">(1,738,006</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; padding-bottom: 2.5pt">Fair value of net assets acquired/consideration paid</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"><span id="xdx_902_eus-gaap--FairValueOfAssetsAcquired_c20210101__20211231__us-gaap--BusinessAcquisitionAxis__custom--RiveraFuneralsCremationsAndMemorialGardensMember_zdpZ3hZzBgY8" title="Fair value of net assets acquired/consideration paid">9,573,395</span></td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"/></p> <div style="width: 15%"><div style="border-top: Black 1pt solid; font-size: 1pt"> </div></div> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"/></p> <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: 0.25in; text-align: right"><span id="xdx_F0F_zq7bim3CVbuk" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(1)</span></td><td style="width: 0.15in"/><td style="text-align: justify"><span id="xdx_F1A_zKStLNCDs0X3" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Includes $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNjaGVkdWxlIG9mIEVzdGltYXRlZCBGYWlyIFZhbHVlcyBvZiBBc3NldHMgQWNxdWlyZWQgYW5kIExpYWJpbGl0aWVzIEFzc3VtZWQgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_904_eus-gaap--BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCashAndEquivalents_iI_c20211231__us-gaap--BusinessAcquisitionAxis__custom--RiveraFuneralsCremationsAndMemorialGardensMember__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member_zkoE56BZrwJe" title="Business acquisition of cash">39,000</span> of cash and $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNjaGVkdWxlIG9mIEVzdGltYXRlZCBGYWlyIFZhbHVlcyBvZiBBc3NldHMgQWNxdWlyZWQgYW5kIExpYWJpbGl0aWVzIEFzc3VtZWQgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_908_eus-gaap--BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNoncurrentAssets_iI_c20211231__us-gaap--BusinessAcquisitionAxis__custom--RiveraFuneralsCremationsAndMemorialGardensMember__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member_zq1eRvKKWpVh" title="Business acquisition of fixed assets">579,006</span> of fixed maturity securities, available for sale, at estimated fair value which is a Level 2 asset in the fair value hierarchy</span></td> </tr><tr style="vertical-align: top; text-align: justify"> <td style="text-align: right"> </td><td> </td><td style="text-align: justify"> </td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right"><span id="xdx_F01_zPZTomqZ7CQ4" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(2)</span></td><td style="font: 10pt Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td><td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt"><span id="xdx_F13_zdCXEYCvS1ja" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">At estimated fair value which is a Level 3 asset in the fair value hierarchy</span></p></td></tr> <tr style="vertical-align: top; text-align: justify"> <td style="text-align: right"> </td><td> </td><td style="text-align: justify"> </td></tr> <tr style="vertical-align: top; text-align: justify"> <td id="xdx_F0F_z9LruovqgPEd" style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(3)</span></td><td/><td style="text-align: justify"><span id="xdx_F15_zs6EWEkxwMYj" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Including $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNjaGVkdWxlIG9mIEVzdGltYXRlZCBGYWlyIFZhbHVlcyBvZiBBc3NldHMgQWNxdWlyZWQgYW5kIExpYWJpbGl0aWVzIEFzc3VtZWQgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90B_eus-gaap--BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedIntangibleAssetsOtherThanGoodwill_iI_c20211231__us-gaap--BusinessAcquisitionAxis__custom--RiveraFuneralsCremationsAndMemorialGardensMember_z4ua9XGM9URd" title="Business acquisition of intangible assets">2,310,000</span> of intangible assets</span></td> </tr></table> <p id="xdx_8A1_zkFD7EuMdthj" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Rivera Funerals, Cremations and Memorial Gardens revenues and net earnings since the date of acquisition for the year ended December 31, 2021 were $<span id="xdx_90F_eus-gaap--BusinessAcquisitionsProFormaRevenue_c20210101__20211231__us-gaap--BusinessAcquisitionAxis__custom--RiveraFuneralsCremationsAndMemorialGardensMember_zcncrXikW6gg" title="Business acquisition of revenues and net earnings">137,386</span> and $<span id="xdx_908_eus-gaap--BusinessAcquisitionsProFormaRevenue_c20200101__20201231__us-gaap--BusinessAcquisitionAxis__custom--RiveraFuneralsCremationsAndMemorialGardensMember_zMHakDmLD6L8" title="Business acquisition of revenues and net earnings">14,892</span>, respectively.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: center"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">SECURITY NATIONAL FINANCIAL CORPORATION</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">AND SUBSIDIARIES</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Notes to Consolidated Financial Statements</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Years Ended December 31, 2021 and 2020</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b> </b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">20) <span style="text-decoration: underline">Acquisitions (Continued)</span></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b> </b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Holbrook Mortuary</b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">On December 28, 2021, the Company, through its wholly-owned subsidiary, Memorial Mortuary Inc., completed a business combination transaction with Holbrook Mortuary located in Salt Lake City, Utah.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Under the terms of the transaction, as set forth in the Asset Purchase Agreement, dated December 28, 2021, Memorial Mortuary Inc. paid a net purchase price of $<span id="xdx_901_eus-gaap--BusinessAcquisitionsPurchasePriceAllocationYearOfAcquisitionNetEffectOnIncome_c20210101__20211231__us-gaap--BusinessAcquisitionAxis__custom--HolbrookMortuaryMember_z6J1PQbRdERd" title="Business combination, purchase price">3,051,747</span> for the business and assets of Holbrook Mortuary.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p id="xdx_899_eus-gaap--ScheduleOfRecognizedIdentifiedAssetsAcquiredAndLiabilitiesAssumedTableTextBlock_hus-gaap--BusinessAcquisitionAxis__custom--HolbrookMortuaryMember_zU8booL7WpCh" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The estimated fair values of the assets acquired and liabilities assumed as of the date of acquisition were as follows:</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span id="xdx_8B2_zutYI8TQRIqk" style="display: none">Estimated Fair Values of Assets Acquired and Liabilities Assumed</span><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 60%"> <tr style="display: none; vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_497_20211231__us-gaap--BusinessAcquisitionAxis__custom--HolbrookMortuaryMember_zkcJriHbg9Be" style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr id="xdx_404_eus-gaap--BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedPropertyPlantAndEquipment_iI_pp0p0_maBCRIAzw52_zcd5SQBpkUAk" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td id="xdx_F44_zRdgTAOSZame" style="width: 78%; text-align: left">Property and equipment <span>(1)</span></td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 18%; text-align: right">2,641,210</td><td style="width: 1%; text-align: left"> </td></tr> <tr id="xdx_403_eus-gaap--BusinessCombinationRecognizedIdentifiableAssetsAcquiredGoodwillAndLiabilitiesAssumedNet_iI_pp0p0_maBCRIAzw52_zwbnxNzqXXab" style="vertical-align: bottom; background-color: White"> <td>Goodwill</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">395,432</td><td style="text-align: left"> </td></tr> <tr id="xdx_409_eus-gaap--BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentAssetsOther_iI_pp0p0_maBCRIAzw52_zPgk4RbXOsQk" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-bottom: 1pt">Other</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">15,105</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_40F_eus-gaap--BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedAssets_iTI_pp0p0_mtBCRIAzw52_zuYH0CgpByj2" style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 1pt">Total assets acquired</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">3,051,747</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"> </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="text-align: left; padding-bottom: 2.5pt">Fair value of net assets acquired/consideration paid</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--FairValueOfAssetsAcquired_c20210101__20211231__us-gaap--BusinessAcquisitionAxis__custom--HolbrookMortuaryMember_zZdfHvBjDIib" style="border-bottom: Black 2.5pt double; text-align: right" title="Fair value of net assets acquired/consideration paid">3,051,747</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> <p id="xdx_8AC_zI2EYsQeS7Si" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"/></p> <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: left"> <td style="width: 0.25in"><span id="xdx_F05_zXxYdxaGv4Zj" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(1)</span></td> <td style="width: 0.15in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span id="xdx_F1F_z5oBmOY3Vsyl" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">At estimated fair value which is a Level 3 asset in the fair value hierarchy</span></td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"/></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Holbrook Mortuary’s revenues and net loss since the date of acquisition for the year ended December 31, 2021 were $-<span id="xdx_904_eus-gaap--BusinessAcquisitionsProFormaNetIncomeLoss_c20210101__20211231__us-gaap--BusinessAcquisitionAxis__custom--HolbrookMortuaryMember_zbW1Ofy5pPck" title="Business acquisition of revenues and net loss">0</span>- and $<span id="xdx_90A_eus-gaap--BusinessAcquisitionsProFormaNetIncomeLoss_c20200101__20201231__us-gaap--BusinessAcquisitionAxis__custom--HolbrookMortuaryMember_zwWtGNuo2rv3" title="Business acquisition of revenues and net loss">(98,531)</span>, respectively.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b> </b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">SECURITY NATIONAL FINANCIAL CORPORATION</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">AND SUBSIDIARIES</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Notes to Consolidated Financial Statements</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Years Ended December 31, 2021 and 2020</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> 10693395 1120000 70000 1050000 105000 <p id="xdx_891_eus-gaap--ScheduleOfRecognizedIdentifiedAssetsAcquiredAndLiabilitiesAssumedTableTextBlock_hus-gaap--BusinessAcquisitionAxis__custom--RiveraFuneralsCremationsAndMemorialGardensMember_zDG1LqtkUEr4" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The estimated fair values of the assets acquired and liabilities assumed as of the date of acquisition were as follows:</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span id="xdx_8B8_zgJf5gUvBko" style="display: none">Schedule of Estimated Fair Values of Assets Acquired and Liabilities Assumed</span><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 60%"> <tr style="display: none; vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_498_20211231__us-gaap--BusinessAcquisitionAxis__custom--RiveraFuneralsCremationsAndMemorialGardensMember_zCNzVfWOVY9h" style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr id="xdx_40E_eus-gaap--BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentAssetsOther_iI_pp0p0_maBCRIAzNlj_zAtEsEYgYUtd" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td id="xdx_F4B_zw2zql93WUL5" style="width: 78%; text-align: left">Restricted assets (1)</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 18%; text-align: right">618,006</td><td style="width: 1%; text-align: left"> </td></tr> <tr id="xdx_407_eus-gaap--BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedPropertyPlantAndEquipment_iI_pp0p0_maBCRIAzNlj_zGY5A7RWD91j" style="vertical-align: bottom; background-color: White"> <td id="xdx_F41_zlb34NU5HRid" style="text-align: left">Property and equipment <span>(2)</span></td><td> </td> <td style="text-align: left"> </td><td style="text-align: right" title="Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment">6,255,836</td><td style="text-align: left"> </td></tr> <tr id="xdx_404_eus-gaap--BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedLand_iI_pp0p0_maBCRIAzNlj_zKHx9Jafyla6" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Cemetery land and improvements</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">658,280</td><td style="text-align: left"> </td></tr> <tr id="xdx_40B_eus-gaap--BusinessCombinationRecognizedIdentifiableAssetsAcquiredGoodwillAndLiabilitiesAssumedNet_iI_pp0p0_maBCRIAzNlj_zHaJQwjTvz76" style="vertical-align: bottom; background-color: White"> <td>Goodwill</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">1,338,763</td><td style="text-align: left"> </td></tr> <tr id="xdx_406_eus-gaap--BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedOtherNoncurrentAssets_iI_pp0p0_maBCRIAzNlj_zJxALMp3DsXh" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td id="xdx_F4B_zrk3rC3xuHF7" style="padding-bottom: 1pt">Other <span>(3)</span></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">2,440,516</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_406_eus-gaap--BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedAssets_iTI_pp0p0_mtBCRIAzNlj_zARUGnTmiVkh" style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 1pt">Total assets acquired</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">11,311,401</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 id="xdx_400_eus-gaap--BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCapitalLeaseObligation_iNI_pp0p0_di_maBCRIAzCnQ_zY7EuzqOpg02" style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Cemetery perpetual care obligation</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(618,006</td><td style="text-align: left">)</td></tr> <tr id="xdx_403_eus-gaap--BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentLiabilitiesOther_iNI_pp0p0_di_maBCRIAzCnQ_z4xY2d3CoDz4" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 1pt">Other liabilities - holdback</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">(1,120,000</td><td style="padding-bottom: 1pt; text-align: left">)</td></tr> <tr id="xdx_400_eus-gaap--BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedLiabilities_iNTI_pp0p0_di_mtBCRIAzCnQ_zCr5SAqGPjkf" style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 1pt">Total liabilities assumed</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">(1,738,006</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; padding-bottom: 2.5pt">Fair value of net assets acquired/consideration paid</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"><span id="xdx_902_eus-gaap--FairValueOfAssetsAcquired_c20210101__20211231__us-gaap--BusinessAcquisitionAxis__custom--RiveraFuneralsCremationsAndMemorialGardensMember_zdpZ3hZzBgY8" title="Fair value of net assets acquired/consideration paid">9,573,395</span></td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"/></p> <div style="width: 15%"><div style="border-top: Black 1pt solid; font-size: 1pt"> </div></div> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"/></p> <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: 0.25in; text-align: right"><span id="xdx_F0F_zq7bim3CVbuk" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(1)</span></td><td style="width: 0.15in"/><td style="text-align: justify"><span id="xdx_F1A_zKStLNCDs0X3" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Includes $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNjaGVkdWxlIG9mIEVzdGltYXRlZCBGYWlyIFZhbHVlcyBvZiBBc3NldHMgQWNxdWlyZWQgYW5kIExpYWJpbGl0aWVzIEFzc3VtZWQgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_904_eus-gaap--BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCashAndEquivalents_iI_c20211231__us-gaap--BusinessAcquisitionAxis__custom--RiveraFuneralsCremationsAndMemorialGardensMember__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member_zkoE56BZrwJe" title="Business acquisition of cash">39,000</span> of cash and $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNjaGVkdWxlIG9mIEVzdGltYXRlZCBGYWlyIFZhbHVlcyBvZiBBc3NldHMgQWNxdWlyZWQgYW5kIExpYWJpbGl0aWVzIEFzc3VtZWQgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_908_eus-gaap--BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNoncurrentAssets_iI_c20211231__us-gaap--BusinessAcquisitionAxis__custom--RiveraFuneralsCremationsAndMemorialGardensMember__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member_zq1eRvKKWpVh" title="Business acquisition of fixed assets">579,006</span> of fixed maturity securities, available for sale, at estimated fair value which is a Level 2 asset in the fair value hierarchy</span></td> </tr><tr style="vertical-align: top; text-align: justify"> <td style="text-align: right"> </td><td> </td><td style="text-align: justify"> </td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right"><span id="xdx_F01_zPZTomqZ7CQ4" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(2)</span></td><td style="font: 10pt Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td><td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt"><span id="xdx_F13_zdCXEYCvS1ja" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">At estimated fair value which is a Level 3 asset in the fair value hierarchy</span></p></td></tr> <tr style="vertical-align: top; text-align: justify"> <td style="text-align: right"> </td><td> </td><td style="text-align: justify"> </td></tr> <tr style="vertical-align: top; text-align: justify"> <td id="xdx_F0F_z9LruovqgPEd" style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(3)</span></td><td/><td style="text-align: justify"><span id="xdx_F15_zs6EWEkxwMYj" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Including $<span class="xdx_phnt_RGlzY2xvc3VyZSAtIFNjaGVkdWxlIG9mIEVzdGltYXRlZCBGYWlyIFZhbHVlcyBvZiBBc3NldHMgQWNxdWlyZWQgYW5kIExpYWJpbGl0aWVzIEFzc3VtZWQgKERldGFpbHMpIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90B_eus-gaap--BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedIntangibleAssetsOtherThanGoodwill_iI_c20211231__us-gaap--BusinessAcquisitionAxis__custom--RiveraFuneralsCremationsAndMemorialGardensMember_z4ua9XGM9URd" title="Business acquisition of intangible assets">2,310,000</span> of intangible assets</span></td> </tr></table> 618006 6255836 658280 1338763 2440516 11311401 618006 1120000 1738006 9573395 39000 579006 2310000 137386 14892 3051747 <p id="xdx_899_eus-gaap--ScheduleOfRecognizedIdentifiedAssetsAcquiredAndLiabilitiesAssumedTableTextBlock_hus-gaap--BusinessAcquisitionAxis__custom--HolbrookMortuaryMember_zU8booL7WpCh" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The estimated fair values of the assets acquired and liabilities assumed as of the date of acquisition were as follows:</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span id="xdx_8B2_zutYI8TQRIqk" style="display: none">Estimated Fair Values of Assets Acquired and Liabilities Assumed</span><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 60%"> <tr style="display: none; vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_497_20211231__us-gaap--BusinessAcquisitionAxis__custom--HolbrookMortuaryMember_zkcJriHbg9Be" style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr id="xdx_404_eus-gaap--BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedPropertyPlantAndEquipment_iI_pp0p0_maBCRIAzw52_zcd5SQBpkUAk" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td id="xdx_F44_zRdgTAOSZame" style="width: 78%; text-align: left">Property and equipment <span>(1)</span></td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 18%; text-align: right">2,641,210</td><td style="width: 1%; text-align: left"> </td></tr> <tr id="xdx_403_eus-gaap--BusinessCombinationRecognizedIdentifiableAssetsAcquiredGoodwillAndLiabilitiesAssumedNet_iI_pp0p0_maBCRIAzw52_zwbnxNzqXXab" style="vertical-align: bottom; background-color: White"> <td>Goodwill</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">395,432</td><td style="text-align: left"> </td></tr> <tr id="xdx_409_eus-gaap--BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentAssetsOther_iI_pp0p0_maBCRIAzw52_zPgk4RbXOsQk" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-bottom: 1pt">Other</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">15,105</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_40F_eus-gaap--BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedAssets_iTI_pp0p0_mtBCRIAzw52_zuYH0CgpByj2" style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 1pt">Total assets acquired</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">3,051,747</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"> </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="text-align: left; padding-bottom: 2.5pt">Fair value of net assets acquired/consideration paid</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--FairValueOfAssetsAcquired_c20210101__20211231__us-gaap--BusinessAcquisitionAxis__custom--HolbrookMortuaryMember_zZdfHvBjDIib" style="border-bottom: Black 2.5pt double; text-align: right" title="Fair value of net assets acquired/consideration paid">3,051,747</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> 2641210 395432 15105 3051747 3051747 0 -98531 <p id="xdx_80D_eus-gaap--IntangibleAssetsDisclosureTextBlock_z7yTq1HmEGN8" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">21) <span style="text-decoration: underline"><span id="xdx_826_zPXOhYg9O2n">Mortgage Servicing Rights</span></span></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Company reports MSRs pursuant to the accounting policy discussed in Note 1 of the Notes to Consolidated Financial Statements.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p id="xdx_890_ecustom--ScheduleOfMortgageServicingRightsTextBlock_z18ZOG37aml4" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The following table presents the MSR activity.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span id="xdx_8B7_zIC1abp73tx6" style="display: none">Schedule of Mortgage Servicing Rights</span><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <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_496_20210101__20211231_zlTLWjGIJ489" style="border-bottom: Black 1pt solid; text-align: center">2021</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_497_20200101__20201231_zs4WjIlFIOpk" style="border-bottom: Black 1pt solid; text-align: center">2020</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">December 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">2021</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">2020</td><td style="padding-bottom: 1pt"> </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_405_ecustom--MortgageServicingRightsBalanceBeforeValuationAllowance_iS_pp0p0" 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">35,210,516</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">17,155,529</td><td style="width: 1%; text-align: left"> </td></tr> <tr id="xdx_407_eus-gaap--PaymentsToAcquireMortgageServicingRightsMSR_i_pp0p0" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">MSR additions resulting from loan sales</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">32,701,819</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">29,896,465</td><td style="text-align: left"> </td></tr> <tr id="xdx_400_eus-gaap--AmortizationOfMortgageServicingRightsMSRs_iN_pp0p0_di_zthCTft6A5E3" style="vertical-align: bottom; background-color: White"> <td id="xdx_F4E_z6VBiwHhadmj">Amortization (1)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(14,851,880</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(11,841,478</td><td style="text-align: left">)</td></tr> <tr id="xdx_40B_ecustom--MortgageServicingRightsWriteDownOtherThanTemporaryImpairment_i_pp0p0" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 1pt">Application of valuation allowance to write down MSRs<br/> with other than temporary impairment</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"><span style="-sec-ix-hidden: xdx2ixbrl4625"> </span></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"><span style="-sec-ix-hidden: xdx2ixbrl4626"> </span></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_40D_ecustom--MortgageServicingRightsBalanceBeforeValuationAllowance_iE_pp0p0" style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 1pt">Balance before valuation allowance at year end</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">53,060,455</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">$</td><td style="border-bottom: Black 1pt solid; text-align: right">35,210,516</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Valuation allowance for impairment of MSRs:</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr id="xdx_40F_ecustom--ValuationAllowanceImpairmentOfMortgageServicingRights_iS_pp0p0" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Balance at beginning of year</td><td> </td> <td style="text-align: left">$</td><td style="text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl4631">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td style="text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl4632">-</span></td><td style="text-align: left"> </td></tr> <tr id="xdx_405_eus-gaap--MortgageServicingRightsMSRImpairmentRecovery_zzl7v69xiSei" style="vertical-align: bottom; background-color: White"> <td>Additions</td><td> </td> <td style="text-align: left"><span style="-sec-ix-hidden: xdx2ixbrl4634"> </span></td><td style="text-align: right">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"><span style="-sec-ix-hidden: xdx2ixbrl4635"> </span></td><td style="text-align: right">-</td><td style="text-align: left"> </td></tr> <tr id="xdx_408_ecustom--MortgageServicingRightsApplicationOfValuationAllowanceToWriteDownMsrsWithOtherThanTemporaryImpairment_i_pp0p0" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 1pt">Application of valuation allowance to write down MSRs<br/> with other than temporary impairment</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"><span style="-sec-ix-hidden: xdx2ixbrl4637"> </span></td><td style="border-bottom: Black 1pt solid; text-align: right">-</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"><span style="-sec-ix-hidden: xdx2ixbrl4638"> </span></td><td style="border-bottom: Black 1pt solid; text-align: right">-</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_40C_ecustom--ValuationAllowanceImpairmentOfMortgageServicingRights_iE_pp0p0" style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 1pt">Balance at year end</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left">$</td><td style="border-bottom: Black 1pt solid; text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl4640">-</span></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">$</td><td style="border-bottom: Black 1pt solid; text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl4641">-</span></td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt; text-align: right"> </td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt; text-align: right"> </td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 2.5pt">Mortgage servicing rights, net</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98C_ecustom--MortgageServicingRightsNet_iI_pp0p0_c20211231_zu0yHLQ7mu1d" style="border-bottom: Black 2.5pt double; text-align: right" title="Mortgage servicing rights, net">53,060,455</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_989_ecustom--MortgageServicingRightsNet_c20201231_pp0p0" style="border-bottom: Black 2.5pt double; text-align: right" title="Mortgage servicing rights, net">35,210,516</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 2.5pt">Estimated fair value of MSRs at year end</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98D_ecustom--EstimatedFairValueOfMsrsAtEndOfPeriod_iI_pp0p0_c20211231_zjINWlxXvPub" style="border-bottom: Black 2.5pt double; text-align: right" title="Estimated fair value of MSRs at end of period">68,811,809</td><td style="padding-bottom: 2.5pt; 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--EstimatedFairValueOfMsrsAtEndOfPeriod_c20201231_pp0p0" style="border-bottom: Black 2.5pt double; text-align: right" title="Estimated fair value of MSRs at end of period">38,702,358</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"/></p> <div style="width: 15%"><div style="border-top: Black 1pt solid; font-size: 1pt"> </div></div> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"/></p> <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"><span id="xdx_F0B_zDn3fCXnRMTg" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(1)</span></td><td style="width: 5pt"/><td style="text-align: justify"><span id="xdx_F1F_zSwQbkjqNdR7" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Included in other expenses on the consolidated statements of earnings</span></td> </tr></table> <p id="xdx_8A0_zL332IetEB5g" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">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 December 31, 2021 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.</span></p> <p id="xdx_899_eus-gaap--ScheduleofFiniteLivedIntangibleAssetsFutureAmortizationExpenseTableTextBlock_zQAu01dw3z18" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span id="xdx_8BC_z4lRRk7P0Quj" style="display: none">Schedule of Finite-Lived Intangible Assets, Future Amortization Expense, Mortgage Servicing Rights</span><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 40%"> <tr style="vertical-align: bottom"> <td style="text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_491_20211231__us-gaap--FairValueByAssetClassAxis__custom--MortgageServicingRightsMember_zK6SapAiCQMb" style="border-bottom: Black 1pt solid; text-align: center">Estimated MSR Amortization</td><td style="padding-bottom: 1pt"> </td></tr> <tr id="xdx_404_eus-gaap--FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths_iI_pp0p0_maFLIANzcEY_zmAu31fvoTDj" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 72%; text-align: left">2022</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 24%; text-align: right">7,341,097</td><td style="width: 1%; text-align: left"> </td></tr> <tr id="xdx_407_eus-gaap--FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo_iI_pp0p0_maFLIANzcEY_zHbQ1XY1hVkk" style="vertical-align: bottom; background-color: White"> <td style="text-align: left">2023</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">6,020,240</td><td style="text-align: left"> </td></tr> <tr id="xdx_40A_eus-gaap--FiniteLivedIntangibleAssetsAmortizationExpenseYearThree_iI_pp0p0_maFLIANzcEY_zCmj3PErJvF7" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">2024</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">5,263,053</td><td style="text-align: left"> </td></tr> <tr id="xdx_409_eus-gaap--FiniteLivedIntangibleAssetsAmortizationExpenseYearFour_iI_pp0p0_maFLIANzcEY_zvk9PMbDARa1" style="vertical-align: bottom; background-color: White"> <td style="text-align: left">2025</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">4,583,231</td><td style="text-align: left"> </td></tr> <tr id="xdx_401_eus-gaap--FiniteLivedIntangibleAssetsAmortizationExpenseYearFive_iI_pp0p0_maFLIANzcEY_zNPTo0n1xwo9" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">2026</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">4,008,838</td><td style="text-align: left"> </td></tr> <tr id="xdx_40C_eus-gaap--FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive_iI_pp0p0_maFLIANzcEY_zWjbhMol4C77" style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 1pt">Thereafter</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">25,843,996</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_40D_eus-gaap--FiniteLivedIntangibleAssetsNet_iTI_pp0p0_mtFLIANzcEY_zLRPbGgQ7aU8" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; 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">53,060,455</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> <p id="xdx_8A3_zxE1tCjbcx98" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">SECURITY NATIONAL FINANCIAL CORPORATION</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">AND SUBSIDIARIES</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Notes to Consolidated Financial Statements</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Years Ended December 31, 2021 and 2020</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">21) <span style="text-decoration: underline">Mortgage Servicing Rights (Continued)</span></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p id="xdx_89B_eus-gaap--ReconciliationOfRevenueFromSegmentsToConsolidatedTextBlock_ze3BCtcfokv4" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Company collected the following contractual servicing fee income and late fee income as reported in other revenues on the consolidated statements of earnings.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span id="xdx_8BE_zyGLZEGy6l3" style="display: none">Schedule of Other Revenues</span><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <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">Years Ended December 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">2021</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">2020</td><td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 42%; text-align: left">Contractual servicing fees</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_98C_eus-gaap--OtherIncome_pp0p0_c20210101__20211231__srt--ProductOrServiceAxis__custom--ContractualServicingFeesMember_zH6ciqxC5B18" style="width: 20%; text-align: right" title="Total">15,471,307</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_980_eus-gaap--OtherIncome_pp0p0_c20200101__20201231__srt--ProductOrServiceAxis__custom--ContractualServicingFeesMember_z1p0OVrCpxV4" style="width: 20%; text-align: right" title="Total">8,940,612</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 1pt">Late fees</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_986_eus-gaap--OtherIncome_pp0p0_c20210101__20211231__srt--ProductOrServiceAxis__custom--LateFeesMember_zLM8PdJO9h9d" style="border-bottom: Black 1pt solid; text-align: right" title="Total">321,337</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_983_eus-gaap--OtherIncome_pp0p0_c20200101__20201231__srt--ProductOrServiceAxis__custom--LateFeesMember_z0wwEfROJFQc" style="border-bottom: Black 1pt solid; text-align: right" title="Total">305,962</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-bottom: 2.5pt">Total</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98C_eus-gaap--NoninterestIncome_pp0p0_c20210101__20211231_zqVTTkEEWtge" style="border-bottom: Black 2.5pt double; text-align: right" title="Total">15,792,644</td><td style="padding-bottom: 2.5pt; 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--NoninterestIncome_pp0p0_c20200101__20201231_zW6Z8a8EHnW1" style="border-bottom: Black 2.5pt double; text-align: right" title="Total">9,246,574</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> <p id="xdx_8A2_zY6mMvVCYq87" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p id="xdx_897_ecustom--SummaryOfUnpaidPrincipalBalancesOfTheServicingPortfolioTextBlock_ziyj8YJ2DLS5" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The following is a summary of the unpaid principal balances (“UPB”) of the servicing portfolio.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span id="xdx_8B7_zCXSg5ed0FG9" style="display: none">Summary of Unpaid Principal Balances of the Servicing Portfolio</span><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <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="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="6" style="border-bottom: Black 1pt solid; text-align: center">December 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">2021</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">2020</td><td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 42%; text-align: left">Servicing UPB</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_984_ecustom--ServicingUnpaidPrincipalBalance_iI_pp0p0_c20211231_znCnKKWDzid9" style="width: 20%; text-align: right" title="Servicing unpaid principal balance">7,060,536,350</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--ServicingUnpaidPrincipalBalance_c20201231_pp0p0" style="width: 20%; text-align: right" title="Servicing unpaid principal balance">5,070,287,864</td><td style="width: 1%; text-align: left"> </td></tr> </table> <p id="xdx_8A2_z6Slwai8VMXd" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p id="xdx_898_ecustom--AssumptionsUsedInDeterminingMsrValueTextBlock_z8TtwpS3MR8i" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The following key assumptions were used in determining MSR value.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span id="xdx_8B5_zITXtAiyjS22" style="display: none">Assumptions Used in Determining MSR Value</span><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <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"><p style="margin-top: 0; margin-bottom: 0">Prepayment</p> <p style="margin-top: 0; margin-bottom: 0">Speeds</p></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"><p style="margin-top: 0; margin-bottom: 0">Average</p> <p style="margin-top: 0; margin-bottom: 0">Life(Years)</p></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"><p style="margin-top: 0; margin-bottom: 0">Discount</p> <p style="margin-top: 0; margin-bottom: 0">Rate</p></td><td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 34%">December 31, 2021</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td id="xdx_982_ecustom--PrepaymentSpeeds_pid_dp_uPure_c20210101__20211231_zoizeTuVSGlj" style="width: 18%; text-align: right" title="Prepayment speed">11.60</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"><span id="xdx_90D_ecustom--AverageLifeInYears_dtY_c20210101__20211231_ztqO4F8jPEBj" title="Average life">6.64</span></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--DiscountRate_pid_dp_uPure_c20210101__20211231_zHBphABeaTtg" style="width: 18%; text-align: right" title="Discount rate">9.50</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td>December 31, 2020</td><td> </td> <td style="text-align: left"> </td><td id="xdx_982_ecustom--PrepaymentSpeeds_pid_dp_uPure_c20200101__20201231_zD7aXoF1jsvc" style="text-align: right" title="Prepayment speed">15.60</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--AverageLifeInYears_dtY_c20200101__20201231_zrelKSCsIDv1" title="Average life">5.30</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98D_ecustom--DiscountRate_pid_dp_uPure_c20200101__20201231_zC17Kf9ileG8" style="text-align: right" title="Discount rate">9.50</td><td style="text-align: left"> </td></tr> </table> <p id="xdx_8A6_zoYevBYMD4Uj" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b> </b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: center"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">SECURITY NATIONAL FINANCIAL CORPORATION</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">AND SUBSIDIARIES</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Notes to Consolidated Financial Statements</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Years Ended December 31, 2021 and 2020</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p id="xdx_890_ecustom--ScheduleOfMortgageServicingRightsTextBlock_z18ZOG37aml4" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The following table presents the MSR activity.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span id="xdx_8B7_zIC1abp73tx6" style="display: none">Schedule of Mortgage Servicing Rights</span><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <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_496_20210101__20211231_zlTLWjGIJ489" style="border-bottom: Black 1pt solid; text-align: center">2021</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_497_20200101__20201231_zs4WjIlFIOpk" style="border-bottom: Black 1pt solid; text-align: center">2020</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">December 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">2021</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">2020</td><td style="padding-bottom: 1pt"> </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_405_ecustom--MortgageServicingRightsBalanceBeforeValuationAllowance_iS_pp0p0" 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">35,210,516</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">17,155,529</td><td style="width: 1%; text-align: left"> </td></tr> <tr id="xdx_407_eus-gaap--PaymentsToAcquireMortgageServicingRightsMSR_i_pp0p0" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">MSR additions resulting from loan sales</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">32,701,819</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">29,896,465</td><td style="text-align: left"> </td></tr> <tr id="xdx_400_eus-gaap--AmortizationOfMortgageServicingRightsMSRs_iN_pp0p0_di_zthCTft6A5E3" style="vertical-align: bottom; background-color: White"> <td id="xdx_F4E_z6VBiwHhadmj">Amortization (1)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(14,851,880</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(11,841,478</td><td style="text-align: left">)</td></tr> <tr id="xdx_40B_ecustom--MortgageServicingRightsWriteDownOtherThanTemporaryImpairment_i_pp0p0" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 1pt">Application of valuation allowance to write down MSRs<br/> with other than temporary impairment</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"><span style="-sec-ix-hidden: xdx2ixbrl4625"> </span></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"><span style="-sec-ix-hidden: xdx2ixbrl4626"> </span></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_40D_ecustom--MortgageServicingRightsBalanceBeforeValuationAllowance_iE_pp0p0" style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 1pt">Balance before valuation allowance at year end</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">53,060,455</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">$</td><td style="border-bottom: Black 1pt solid; text-align: right">35,210,516</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Valuation allowance for impairment of MSRs:</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr id="xdx_40F_ecustom--ValuationAllowanceImpairmentOfMortgageServicingRights_iS_pp0p0" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Balance at beginning of year</td><td> </td> <td style="text-align: left">$</td><td style="text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl4631">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td style="text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl4632">-</span></td><td style="text-align: left"> </td></tr> <tr id="xdx_405_eus-gaap--MortgageServicingRightsMSRImpairmentRecovery_zzl7v69xiSei" style="vertical-align: bottom; background-color: White"> <td>Additions</td><td> </td> <td style="text-align: left"><span style="-sec-ix-hidden: xdx2ixbrl4634"> </span></td><td style="text-align: right">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"><span style="-sec-ix-hidden: xdx2ixbrl4635"> </span></td><td style="text-align: right">-</td><td style="text-align: left"> </td></tr> <tr id="xdx_408_ecustom--MortgageServicingRightsApplicationOfValuationAllowanceToWriteDownMsrsWithOtherThanTemporaryImpairment_i_pp0p0" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 1pt">Application of valuation allowance to write down MSRs<br/> with other than temporary impairment</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"><span style="-sec-ix-hidden: xdx2ixbrl4637"> </span></td><td style="border-bottom: Black 1pt solid; text-align: right">-</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"><span style="-sec-ix-hidden: xdx2ixbrl4638"> </span></td><td style="border-bottom: Black 1pt solid; text-align: right">-</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_40C_ecustom--ValuationAllowanceImpairmentOfMortgageServicingRights_iE_pp0p0" style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 1pt">Balance at year end</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left">$</td><td style="border-bottom: Black 1pt solid; text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl4640">-</span></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">$</td><td style="border-bottom: Black 1pt solid; text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl4641">-</span></td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt; text-align: right"> </td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt; text-align: right"> </td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 2.5pt">Mortgage servicing rights, net</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98C_ecustom--MortgageServicingRightsNet_iI_pp0p0_c20211231_zu0yHLQ7mu1d" style="border-bottom: Black 2.5pt double; text-align: right" title="Mortgage servicing rights, net">53,060,455</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_989_ecustom--MortgageServicingRightsNet_c20201231_pp0p0" style="border-bottom: Black 2.5pt double; text-align: right" title="Mortgage servicing rights, net">35,210,516</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 2.5pt">Estimated fair value of MSRs at year end</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98D_ecustom--EstimatedFairValueOfMsrsAtEndOfPeriod_iI_pp0p0_c20211231_zjINWlxXvPub" style="border-bottom: Black 2.5pt double; text-align: right" title="Estimated fair value of MSRs at end of period">68,811,809</td><td style="padding-bottom: 2.5pt; 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--EstimatedFairValueOfMsrsAtEndOfPeriod_c20201231_pp0p0" style="border-bottom: Black 2.5pt double; text-align: right" title="Estimated fair value of MSRs at end of period">38,702,358</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"/></p> <div style="width: 15%"><div style="border-top: Black 1pt solid; font-size: 1pt"> </div></div> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"/></p> <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"><span id="xdx_F0B_zDn3fCXnRMTg" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(1)</span></td><td style="width: 5pt"/><td style="text-align: justify"><span id="xdx_F1F_zSwQbkjqNdR7" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Included in other expenses on the consolidated statements of earnings</span></td> </tr></table> 35210516 17155529 32701819 29896465 14851880 11841478 53060455 35210516 53060455 35210516 68811809 38702358 <p id="xdx_899_eus-gaap--ScheduleofFiniteLivedIntangibleAssetsFutureAmortizationExpenseTableTextBlock_zQAu01dw3z18" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span id="xdx_8BC_z4lRRk7P0Quj" style="display: none">Schedule of Finite-Lived Intangible Assets, Future Amortization Expense, Mortgage Servicing Rights</span><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 40%"> <tr style="vertical-align: bottom"> <td style="text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_491_20211231__us-gaap--FairValueByAssetClassAxis__custom--MortgageServicingRightsMember_zK6SapAiCQMb" style="border-bottom: Black 1pt solid; text-align: center">Estimated MSR Amortization</td><td style="padding-bottom: 1pt"> </td></tr> <tr id="xdx_404_eus-gaap--FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths_iI_pp0p0_maFLIANzcEY_zmAu31fvoTDj" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 72%; text-align: left">2022</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 24%; text-align: right">7,341,097</td><td style="width: 1%; text-align: left"> </td></tr> <tr id="xdx_407_eus-gaap--FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo_iI_pp0p0_maFLIANzcEY_zHbQ1XY1hVkk" style="vertical-align: bottom; background-color: White"> <td style="text-align: left">2023</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">6,020,240</td><td style="text-align: left"> </td></tr> <tr id="xdx_40A_eus-gaap--FiniteLivedIntangibleAssetsAmortizationExpenseYearThree_iI_pp0p0_maFLIANzcEY_zCmj3PErJvF7" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">2024</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">5,263,053</td><td style="text-align: left"> </td></tr> <tr id="xdx_409_eus-gaap--FiniteLivedIntangibleAssetsAmortizationExpenseYearFour_iI_pp0p0_maFLIANzcEY_zvk9PMbDARa1" style="vertical-align: bottom; background-color: White"> <td style="text-align: left">2025</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">4,583,231</td><td style="text-align: left"> </td></tr> <tr id="xdx_401_eus-gaap--FiniteLivedIntangibleAssetsAmortizationExpenseYearFive_iI_pp0p0_maFLIANzcEY_zNPTo0n1xwo9" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">2026</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">4,008,838</td><td style="text-align: left"> </td></tr> <tr id="xdx_40C_eus-gaap--FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive_iI_pp0p0_maFLIANzcEY_zWjbhMol4C77" style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 1pt">Thereafter</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">25,843,996</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_40D_eus-gaap--FiniteLivedIntangibleAssetsNet_iTI_pp0p0_mtFLIANzcEY_zLRPbGgQ7aU8" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 2.5pt">Total</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">53,060,455</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> 7341097 6020240 5263053 4583231 4008838 25843996 53060455 <p id="xdx_89B_eus-gaap--ReconciliationOfRevenueFromSegmentsToConsolidatedTextBlock_ze3BCtcfokv4" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Company collected the following contractual servicing fee income and late fee income as reported in other revenues on the consolidated statements of earnings.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span id="xdx_8BE_zyGLZEGy6l3" style="display: none">Schedule of Other Revenues</span><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 50%"> <tr style="vertical-align: bottom"> <td> </td><td style="padding-bottom: 1pt"> </td> <td colspan="6" style="border-bottom: Black 1pt solid; text-align: center">Years Ended December 31</td><td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">2021</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">2020</td><td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 42%; text-align: left">Contractual servicing fees</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_98C_eus-gaap--OtherIncome_pp0p0_c20210101__20211231__srt--ProductOrServiceAxis__custom--ContractualServicingFeesMember_zH6ciqxC5B18" style="width: 20%; text-align: right" title="Total">15,471,307</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_980_eus-gaap--OtherIncome_pp0p0_c20200101__20201231__srt--ProductOrServiceAxis__custom--ContractualServicingFeesMember_z1p0OVrCpxV4" style="width: 20%; text-align: right" title="Total">8,940,612</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 1pt">Late fees</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_986_eus-gaap--OtherIncome_pp0p0_c20210101__20211231__srt--ProductOrServiceAxis__custom--LateFeesMember_zLM8PdJO9h9d" style="border-bottom: Black 1pt solid; text-align: right" title="Total">321,337</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_983_eus-gaap--OtherIncome_pp0p0_c20200101__20201231__srt--ProductOrServiceAxis__custom--LateFeesMember_z0wwEfROJFQc" style="border-bottom: Black 1pt solid; text-align: right" title="Total">305,962</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-bottom: 2.5pt">Total</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98C_eus-gaap--NoninterestIncome_pp0p0_c20210101__20211231_zqVTTkEEWtge" style="border-bottom: Black 2.5pt double; text-align: right" title="Total">15,792,644</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98E_eus-gaap--NoninterestIncome_pp0p0_c20200101__20201231_zW6Z8a8EHnW1" style="border-bottom: Black 2.5pt double; text-align: right" title="Total">9,246,574</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> 15471307 8940612 321337 305962 15792644 9246574 <p id="xdx_897_ecustom--SummaryOfUnpaidPrincipalBalancesOfTheServicingPortfolioTextBlock_ziyj8YJ2DLS5" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The following is a summary of the unpaid principal balances (“UPB”) of the servicing portfolio.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span id="xdx_8B7_zCXSg5ed0FG9" style="display: none">Summary of Unpaid Principal Balances of the Servicing Portfolio</span><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 50%"> <tr style="vertical-align: bottom"> <td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="6" style="border-bottom: Black 1pt solid; text-align: center">December 31</td><td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">2021</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">2020</td><td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 42%; text-align: left">Servicing UPB</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_984_ecustom--ServicingUnpaidPrincipalBalance_iI_pp0p0_c20211231_znCnKKWDzid9" style="width: 20%; text-align: right" title="Servicing unpaid principal balance">7,060,536,350</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--ServicingUnpaidPrincipalBalance_c20201231_pp0p0" style="width: 20%; text-align: right" title="Servicing unpaid principal balance">5,070,287,864</td><td style="width: 1%; text-align: left"> </td></tr> </table> 7060536350 5070287864 <p id="xdx_898_ecustom--AssumptionsUsedInDeterminingMsrValueTextBlock_z8TtwpS3MR8i" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The following key assumptions were used in determining MSR value.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span id="xdx_8B5_zITXtAiyjS22" style="display: none">Assumptions Used in Determining MSR Value</span><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <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"><p style="margin-top: 0; margin-bottom: 0">Prepayment</p> <p style="margin-top: 0; margin-bottom: 0">Speeds</p></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"><p style="margin-top: 0; margin-bottom: 0">Average</p> <p style="margin-top: 0; margin-bottom: 0">Life(Years)</p></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"><p style="margin-top: 0; margin-bottom: 0">Discount</p> <p style="margin-top: 0; margin-bottom: 0">Rate</p></td><td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 34%">December 31, 2021</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td id="xdx_982_ecustom--PrepaymentSpeeds_pid_dp_uPure_c20210101__20211231_zoizeTuVSGlj" style="width: 18%; text-align: right" title="Prepayment speed">11.60</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"><span id="xdx_90D_ecustom--AverageLifeInYears_dtY_c20210101__20211231_ztqO4F8jPEBj" title="Average life">6.64</span></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--DiscountRate_pid_dp_uPure_c20210101__20211231_zHBphABeaTtg" style="width: 18%; text-align: right" title="Discount rate">9.50</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td>December 31, 2020</td><td> </td> <td style="text-align: left"> </td><td id="xdx_982_ecustom--PrepaymentSpeeds_pid_dp_uPure_c20200101__20201231_zD7aXoF1jsvc" style="text-align: right" title="Prepayment speed">15.60</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--AverageLifeInYears_dtY_c20200101__20201231_zrelKSCsIDv1" title="Average life">5.30</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98D_ecustom--DiscountRate_pid_dp_uPure_c20200101__20201231_zC17Kf9ileG8" style="text-align: right" title="Discount rate">9.50</td><td style="text-align: left"> </td></tr> </table> 0.1160 P6Y7M20D 0.0950 0.1560 P5Y3M18D 0.0950 <p id="xdx_805_eus-gaap--LiabilityForFuturePolicyBenefitsAndUnpaidClaimsDisclosureTextBlock_zWHNXJvY1FGg" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">22) <span style="text-decoration: underline"><span id="xdx_82A_zey5PXj0Uff2">Future Policy Benefits and Unpaid Claims</span></span></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Company reports future policy benefits and unpaid claims pursuant to the accounting policy discussed in Note 1 of the Notes to Consolidated Financial Statements.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The following table provides information regarding future policy benefits and unpaid claims and the related receivable from reinsurers.</span></p> <p id="xdx_890_eus-gaap--ScheduleOfLiabilityForFuturePolicyBenefitsByProductSegmentTextBlock_zxW7mlbxcva7" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span id="xdx_8BB_zzeJxceNfENa" style="display: none">Schedule of Liability for Future Policy Benefits, by Product Segment</span><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <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">December 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">2021</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">2020</td><td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 60%">Life</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_980_eus-gaap--LiabilityForFuturePolicyBenefitsAndUnpaidClaimsAndClaimsAdjustmentExpense_iI_pp0p0_c20211231__srt--ProductOrServiceAxis__us-gaap--LifeInsuranceSegmentMember_zW2458wcWnpi" style="width: 16%; text-align: right" title="Gross future policy benefits and unpaid claims">698,366,477</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--LiabilityForFuturePolicyBenefitsAndUnpaidClaimsAndClaimsAdjustmentExpense_c20201231__srt--ProductOrServiceAxis__us-gaap--LifeInsuranceSegmentMember_pp0p0" style="width: 16%; text-align: right" title="Gross future policy benefits and unpaid claims">674,230,463</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td>Annuities</td><td> </td> <td style="text-align: left"> </td><td id="xdx_989_eus-gaap--LiabilityForFuturePolicyBenefitsAndUnpaidClaimsAndClaimsAdjustmentExpense_iI_pp0p0_c20211231__srt--ProductOrServiceAxis__us-gaap--FixedAnnuityMember_zvLgcWUUnFC3" style="text-align: right" title="Gross future policy benefits and unpaid claims">107,992,830</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_984_eus-gaap--LiabilityForFuturePolicyBenefitsAndUnpaidClaimsAndClaimsAdjustmentExpense_c20201231__srt--ProductOrServiceAxis__us-gaap--FixedAnnuityMember_pp0p0" style="text-align: right" title="Gross future policy benefits and unpaid claims">109,522,112</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</td><td> </td> <td style="text-align: left"> </td><td id="xdx_981_eus-gaap--LiabilityForFuturePolicyBenefitsAndUnpaidClaimsAndClaimsAdjustmentExpense_iI_pp0p0_c20211231__srt--ProductOrServiceAxis__custom--PolicyholderAccountBalancesMember_z9SVx6yhc5Se" style="text-align: right" title="Gross future policy benefits and unpaid claims">42,939,055</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_983_eus-gaap--LiabilityForFuturePolicyBenefitsAndUnpaidClaimsAndClaimsAdjustmentExpense_c20201231__srt--ProductOrServiceAxis__custom--PolicyholderAccountBalancesMember_pp0p0" style="text-align: right" title="Gross future policy benefits and unpaid claims">44,026,809</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Accident and health</td><td> </td> <td style="text-align: left"> </td><td id="xdx_982_eus-gaap--LiabilityForFuturePolicyBenefitsAndUnpaidClaimsAndClaimsAdjustmentExpense_iI_pp0p0_c20211231__srt--ProductOrServiceAxis__custom--AccidentAndHealthMember_zihuPXSyKSod" style="text-align: right" title="Gross future policy benefits and unpaid claims">629,302</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_984_eus-gaap--LiabilityForFuturePolicyBenefitsAndUnpaidClaimsAndClaimsAdjustmentExpense_c20201231__srt--ProductOrServiceAxis__custom--AccidentAndHealthMember_pp0p0" style="text-align: right" title="Gross future policy benefits and unpaid claims">651,140</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 policyholder funds</td><td> </td> <td style="text-align: left"> </td><td id="xdx_982_eus-gaap--LiabilityForFuturePolicyBenefitsAndUnpaidClaimsAndClaimsAdjustmentExpense_iI_pp0p0_c20211231__srt--ProductOrServiceAxis__custom--OtherPolicyholderFundsMember_z4bQqi0MTFOg" style="text-align: right" title="Gross future policy benefits and unpaid claims">4,352,217</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_983_eus-gaap--LiabilityForFuturePolicyBenefitsAndUnpaidClaimsAndClaimsAdjustmentExpense_c20201231__srt--ProductOrServiceAxis__custom--OtherPolicyholderFundsMember_pp0p0" style="text-align: right" title="Gross future policy benefits and unpaid claims">4,354,746</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Reported but unpaid claims</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98F_eus-gaap--LiabilityForFuturePolicyBenefitsAndUnpaidClaimsAndClaimsAdjustmentExpense_iI_pp0p0_c20211231__srt--ProductOrServiceAxis__custom--ReportedButUnpaidClaimsMember_z0KXu8jpsel2" style="text-align: right" title="Gross future policy benefits and unpaid claims">4,887,934</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_980_eus-gaap--LiabilityForFuturePolicyBenefitsAndUnpaidClaimsAndClaimsAdjustmentExpense_c20201231__srt--ProductOrServiceAxis__custom--ReportedButUnpaidClaimsMember_pp0p0" style="text-align: right" title="Gross future policy benefits and unpaid claims">8,689,723</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-bottom: 1pt; text-align: left">Incurred but not reported claims</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98A_eus-gaap--LiabilityForFuturePolicyBenefitsAndUnpaidClaimsAndClaimsAdjustmentExpense_iI_pp0p0_c20211231__srt--ProductOrServiceAxis__custom--IncurredButNotReportedClaimsMember_zish5yKqbBWb" style="border-bottom: Black 1pt solid; text-align: right" title="Gross future policy benefits and unpaid claims">4,106,878</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--LiabilityForFuturePolicyBenefitsAndUnpaidClaimsAndClaimsAdjustmentExpense_c20201231__srt--ProductOrServiceAxis__custom--IncurredButNotReportedClaimsMember_pp0p0" style="border-bottom: Black 1pt solid; text-align: right" title="Gross future policy benefits and unpaid claims">3,315,094</td><td style="padding-bottom: 1pt; 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="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 style="text-align: left; padding-bottom: 2.5pt">Gross future policy benefits and unpaid claims</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--LiabilityForFuturePolicyBenefitsAndUnpaidClaimsAndClaimsAdjustmentExpense_iI_pp0p0_c20211231_z1GA0QWUp8u1" style="border-bottom: Black 2.5pt double; text-align: right" title="Gross future policy benefits and unpaid claims">863,274,693</td><td style="padding-bottom: 2.5pt; 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--LiabilityForFuturePolicyBenefitsAndUnpaidClaimsAndClaimsAdjustmentExpense_c20201231_pp0p0" style="border-bottom: Black 2.5pt double; text-align: right" title="Gross future policy benefits and unpaid claims">844,790,087</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="text-decoration: underline; text-align: left">Receivable from reinsurers</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="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></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td>Life</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98B_ecustom--ReceivableFromReinsurers_iI_pp0p0_c20211231__srt--ProductOrServiceAxis__us-gaap--LifeInsuranceSegmentMember_zDmUnFPNHVSk" style="text-align: right" title="Total receivable from reinsurers">10,482,428</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98E_ecustom--ReceivableFromReinsurers_c20201231__srt--ProductOrServiceAxis__us-gaap--LifeInsuranceSegmentMember_pp0p0" style="text-align: right" title="Total receivable from reinsurers">10,841,567</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td>Annuities</td><td> </td> <td style="text-align: left"> </td><td id="xdx_986_ecustom--ReceivableFromReinsurers_iI_pp0p0_c20211231__srt--ProductOrServiceAxis__us-gaap--FixedAnnuityMember_zhZeVO4AJrT" style="text-align: right" title="Total receivable from reinsurers">4,082,877</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_988_ecustom--ReceivableFromReinsurers_c20201231__srt--ProductOrServiceAxis__us-gaap--FixedAnnuityMember_pp0p0" style="text-align: right" title="Total receivable from reinsurers">4,047,301</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Accident and health</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98C_ecustom--ReceivableFromReinsurers_iI_pp0p0_c20211231__srt--ProductOrServiceAxis__custom--AccidentAndHealthMember_zWCW9oGcYusd" style="text-align: right" title="Total receivable from reinsurers">88,474</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_989_ecustom--ReceivableFromReinsurers_c20201231__srt--ProductOrServiceAxis__custom--AccidentAndHealthMember_pp0p0" style="text-align: right" title="Total receivable from reinsurers">90,231</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Reported but unpaid claims</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98E_ecustom--ReceivableFromReinsurers_iI_pp0p0_c20211231__srt--ProductOrServiceAxis__custom--ReportedButUnpaidClaimsMember_zxweSh5B3vfl" style="text-align: right" title="Total receivable from reinsurers">177,829</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_980_ecustom--ReceivableFromReinsurers_c20201231__srt--ProductOrServiceAxis__custom--ReportedButUnpaidClaimsMember_pp0p0" style="text-align: right" title="Total receivable from reinsurers">571,057</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Incurred but not reported claims</td><td> </td> <td style="text-align: left"> </td><td id="xdx_983_ecustom--ReceivableFromReinsurers_iI_pp0p0_c20211231__srt--ProductOrServiceAxis__custom--IncurredButNotReportedClaimsMember_z4tg9XRIZEl3" style="text-align: right" title="Total receivable from reinsurers">19,000</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_988_ecustom--ReceivableFromReinsurers_c20201231__srt--ProductOrServiceAxis__custom--IncurredButNotReportedClaimsMember_pp0p0" style="text-align: right" title="Total receivable from reinsurers">19,000</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></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-bottom: 1pt; text-align: left">Total receivable from reinsurers</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_988_ecustom--ReceivableFromReinsurers_iI_pp0p0_c20211231_z3QsTM6kcvol" style="border-bottom: Black 1pt solid; text-align: right" title="Total receivable from reinsurers">14,850,608</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_ecustom--ReceivableFromReinsurers_c20201231_pp0p0" style="border-bottom: Black 1pt solid; text-align: right" title="Total receivable from reinsurers">15,569,156</td><td style="padding-bottom: 1pt; 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="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 style="text-align: left; padding-bottom: 2.5pt">Net future policy benefits and unpaid claims</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_985_ecustom--NetFuturePolicyBenefitsAndUnpaidClaims_iI_pp0p0_c20211231_zNmRwdZAvVyl" style="border-bottom: Black 2.5pt double; text-align: right" title="Net future policy benefits and unpaid claims">848,424,085</td><td style="padding-bottom: 2.5pt; 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_ecustom--NetFuturePolicyBenefitsAndUnpaidClaims_c20201231_pp0p0" style="border-bottom: Black 2.5pt double; text-align: right" title="Net future policy benefits and unpaid claims">829,220,931</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> <p id="xdx_8AA_zVEmn3WYDcil" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">SECURITY NATIONAL FINANCIAL CORPORATION</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">AND SUBSIDIARIES</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Notes to Consolidated Financial Statements</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Years Ended December 31, 2021 and 2020</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p id="xdx_890_eus-gaap--ScheduleOfLiabilityForFuturePolicyBenefitsByProductSegmentTextBlock_zxW7mlbxcva7" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span id="xdx_8BB_zzeJxceNfENa" style="display: none">Schedule of Liability for Future Policy Benefits, by Product Segment</span><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <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">December 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">2021</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">2020</td><td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 60%">Life</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_980_eus-gaap--LiabilityForFuturePolicyBenefitsAndUnpaidClaimsAndClaimsAdjustmentExpense_iI_pp0p0_c20211231__srt--ProductOrServiceAxis__us-gaap--LifeInsuranceSegmentMember_zW2458wcWnpi" style="width: 16%; text-align: right" title="Gross future policy benefits and unpaid claims">698,366,477</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--LiabilityForFuturePolicyBenefitsAndUnpaidClaimsAndClaimsAdjustmentExpense_c20201231__srt--ProductOrServiceAxis__us-gaap--LifeInsuranceSegmentMember_pp0p0" style="width: 16%; text-align: right" title="Gross future policy benefits and unpaid claims">674,230,463</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td>Annuities</td><td> </td> <td style="text-align: left"> </td><td id="xdx_989_eus-gaap--LiabilityForFuturePolicyBenefitsAndUnpaidClaimsAndClaimsAdjustmentExpense_iI_pp0p0_c20211231__srt--ProductOrServiceAxis__us-gaap--FixedAnnuityMember_zvLgcWUUnFC3" style="text-align: right" title="Gross future policy benefits and unpaid claims">107,992,830</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_984_eus-gaap--LiabilityForFuturePolicyBenefitsAndUnpaidClaimsAndClaimsAdjustmentExpense_c20201231__srt--ProductOrServiceAxis__us-gaap--FixedAnnuityMember_pp0p0" style="text-align: right" title="Gross future policy benefits and unpaid claims">109,522,112</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</td><td> </td> <td style="text-align: left"> </td><td id="xdx_981_eus-gaap--LiabilityForFuturePolicyBenefitsAndUnpaidClaimsAndClaimsAdjustmentExpense_iI_pp0p0_c20211231__srt--ProductOrServiceAxis__custom--PolicyholderAccountBalancesMember_z9SVx6yhc5Se" style="text-align: right" title="Gross future policy benefits and unpaid claims">42,939,055</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_983_eus-gaap--LiabilityForFuturePolicyBenefitsAndUnpaidClaimsAndClaimsAdjustmentExpense_c20201231__srt--ProductOrServiceAxis__custom--PolicyholderAccountBalancesMember_pp0p0" style="text-align: right" title="Gross future policy benefits and unpaid claims">44,026,809</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Accident and health</td><td> </td> <td style="text-align: left"> </td><td id="xdx_982_eus-gaap--LiabilityForFuturePolicyBenefitsAndUnpaidClaimsAndClaimsAdjustmentExpense_iI_pp0p0_c20211231__srt--ProductOrServiceAxis__custom--AccidentAndHealthMember_zihuPXSyKSod" style="text-align: right" title="Gross future policy benefits and unpaid claims">629,302</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_984_eus-gaap--LiabilityForFuturePolicyBenefitsAndUnpaidClaimsAndClaimsAdjustmentExpense_c20201231__srt--ProductOrServiceAxis__custom--AccidentAndHealthMember_pp0p0" style="text-align: right" title="Gross future policy benefits and unpaid claims">651,140</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 policyholder funds</td><td> </td> <td style="text-align: left"> </td><td id="xdx_982_eus-gaap--LiabilityForFuturePolicyBenefitsAndUnpaidClaimsAndClaimsAdjustmentExpense_iI_pp0p0_c20211231__srt--ProductOrServiceAxis__custom--OtherPolicyholderFundsMember_z4bQqi0MTFOg" style="text-align: right" title="Gross future policy benefits and unpaid claims">4,352,217</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_983_eus-gaap--LiabilityForFuturePolicyBenefitsAndUnpaidClaimsAndClaimsAdjustmentExpense_c20201231__srt--ProductOrServiceAxis__custom--OtherPolicyholderFundsMember_pp0p0" style="text-align: right" title="Gross future policy benefits and unpaid claims">4,354,746</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Reported but unpaid claims</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98F_eus-gaap--LiabilityForFuturePolicyBenefitsAndUnpaidClaimsAndClaimsAdjustmentExpense_iI_pp0p0_c20211231__srt--ProductOrServiceAxis__custom--ReportedButUnpaidClaimsMember_z0KXu8jpsel2" style="text-align: right" title="Gross future policy benefits and unpaid claims">4,887,934</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_980_eus-gaap--LiabilityForFuturePolicyBenefitsAndUnpaidClaimsAndClaimsAdjustmentExpense_c20201231__srt--ProductOrServiceAxis__custom--ReportedButUnpaidClaimsMember_pp0p0" style="text-align: right" title="Gross future policy benefits and unpaid claims">8,689,723</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-bottom: 1pt; text-align: left">Incurred but not reported claims</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98A_eus-gaap--LiabilityForFuturePolicyBenefitsAndUnpaidClaimsAndClaimsAdjustmentExpense_iI_pp0p0_c20211231__srt--ProductOrServiceAxis__custom--IncurredButNotReportedClaimsMember_zish5yKqbBWb" style="border-bottom: Black 1pt solid; text-align: right" title="Gross future policy benefits and unpaid claims">4,106,878</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--LiabilityForFuturePolicyBenefitsAndUnpaidClaimsAndClaimsAdjustmentExpense_c20201231__srt--ProductOrServiceAxis__custom--IncurredButNotReportedClaimsMember_pp0p0" style="border-bottom: Black 1pt solid; text-align: right" title="Gross future policy benefits and unpaid claims">3,315,094</td><td style="padding-bottom: 1pt; 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="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 style="text-align: left; padding-bottom: 2.5pt">Gross future policy benefits and unpaid claims</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--LiabilityForFuturePolicyBenefitsAndUnpaidClaimsAndClaimsAdjustmentExpense_iI_pp0p0_c20211231_z1GA0QWUp8u1" style="border-bottom: Black 2.5pt double; text-align: right" title="Gross future policy benefits and unpaid claims">863,274,693</td><td style="padding-bottom: 2.5pt; 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--LiabilityForFuturePolicyBenefitsAndUnpaidClaimsAndClaimsAdjustmentExpense_c20201231_pp0p0" style="border-bottom: Black 2.5pt double; text-align: right" title="Gross future policy benefits and unpaid claims">844,790,087</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="text-decoration: underline; text-align: left">Receivable from reinsurers</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="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></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td>Life</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98B_ecustom--ReceivableFromReinsurers_iI_pp0p0_c20211231__srt--ProductOrServiceAxis__us-gaap--LifeInsuranceSegmentMember_zDmUnFPNHVSk" style="text-align: right" title="Total receivable from reinsurers">10,482,428</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98E_ecustom--ReceivableFromReinsurers_c20201231__srt--ProductOrServiceAxis__us-gaap--LifeInsuranceSegmentMember_pp0p0" style="text-align: right" title="Total receivable from reinsurers">10,841,567</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td>Annuities</td><td> </td> <td style="text-align: left"> </td><td id="xdx_986_ecustom--ReceivableFromReinsurers_iI_pp0p0_c20211231__srt--ProductOrServiceAxis__us-gaap--FixedAnnuityMember_zhZeVO4AJrT" style="text-align: right" title="Total receivable from reinsurers">4,082,877</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_988_ecustom--ReceivableFromReinsurers_c20201231__srt--ProductOrServiceAxis__us-gaap--FixedAnnuityMember_pp0p0" style="text-align: right" title="Total receivable from reinsurers">4,047,301</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Accident and health</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98C_ecustom--ReceivableFromReinsurers_iI_pp0p0_c20211231__srt--ProductOrServiceAxis__custom--AccidentAndHealthMember_zWCW9oGcYusd" style="text-align: right" title="Total receivable from reinsurers">88,474</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_989_ecustom--ReceivableFromReinsurers_c20201231__srt--ProductOrServiceAxis__custom--AccidentAndHealthMember_pp0p0" style="text-align: right" title="Total receivable from reinsurers">90,231</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Reported but unpaid claims</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98E_ecustom--ReceivableFromReinsurers_iI_pp0p0_c20211231__srt--ProductOrServiceAxis__custom--ReportedButUnpaidClaimsMember_zxweSh5B3vfl" style="text-align: right" title="Total receivable from reinsurers">177,829</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_980_ecustom--ReceivableFromReinsurers_c20201231__srt--ProductOrServiceAxis__custom--ReportedButUnpaidClaimsMember_pp0p0" style="text-align: right" title="Total receivable from reinsurers">571,057</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Incurred but not reported claims</td><td> </td> <td style="text-align: left"> </td><td id="xdx_983_ecustom--ReceivableFromReinsurers_iI_pp0p0_c20211231__srt--ProductOrServiceAxis__custom--IncurredButNotReportedClaimsMember_z4tg9XRIZEl3" style="text-align: right" title="Total receivable from reinsurers">19,000</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_988_ecustom--ReceivableFromReinsurers_c20201231__srt--ProductOrServiceAxis__custom--IncurredButNotReportedClaimsMember_pp0p0" style="text-align: right" title="Total receivable from reinsurers">19,000</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></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-bottom: 1pt; text-align: left">Total receivable from reinsurers</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_988_ecustom--ReceivableFromReinsurers_iI_pp0p0_c20211231_z3QsTM6kcvol" style="border-bottom: Black 1pt solid; text-align: right" title="Total receivable from reinsurers">14,850,608</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_ecustom--ReceivableFromReinsurers_c20201231_pp0p0" style="border-bottom: Black 1pt solid; text-align: right" title="Total receivable from reinsurers">15,569,156</td><td style="padding-bottom: 1pt; 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="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 style="text-align: left; padding-bottom: 2.5pt">Net future policy benefits and unpaid claims</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_985_ecustom--NetFuturePolicyBenefitsAndUnpaidClaims_iI_pp0p0_c20211231_zNmRwdZAvVyl" style="border-bottom: Black 2.5pt double; text-align: right" title="Net future policy benefits and unpaid claims">848,424,085</td><td style="padding-bottom: 2.5pt; 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_ecustom--NetFuturePolicyBenefitsAndUnpaidClaims_c20201231_pp0p0" style="border-bottom: Black 2.5pt double; text-align: right" title="Net future policy benefits and unpaid claims">829,220,931</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> 698366477 674230463 107992830 109522112 42939055 44026809 629302 651140 4352217 4354746 4887934 8689723 4106878 3315094 863274693 844790087 10482428 10841567 4082877 4047301 88474 90231 177829 571057 19000 19000 14850608 15569156 848424085 829220931 <p id="xdx_80A_eus-gaap--RevenueFromContractWithCustomerTextBlock_zKLIYHA3qjP2" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">23) <span style="text-decoration: underline"><span id="xdx_821_zOaOOOfrAixf">Revenues from Contracts with Customers</span></span></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Company reports revenues from contracts with customers pursuant to ASC No. 606, Revenue from Contracts with Customers.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Contracts with Customers</b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="text-decoration: underline">Information about Performance Obligations and Contract Balances</span></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">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 total contract liability for future obligations is included in deferred pre-need cemetery and mortuary contract revenues on the consolidated balance sheets and, as of December 31, 2021 and 2020, the balances were $<span id="xdx_904_eus-gaap--DeferredRevenue_c20211231_pp0p0" title="Deferred pre-need cemetery and mortuary contract revenues">14,508,022</span> and $<span id="xdx_907_eus-gaap--DeferredRevenue_c20201231_pp0p0" title="Deferred pre-need cemetery and mortuary contract revenues">13,080,179</span>, respectively.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Company’s three types of future obligations are as follows:</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><i><span style="text-decoration: underline">Pre-need Merchandise and Service Revenue</span></i>: 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. As of December 31, 2021 and 2020, the balances were $<span id="xdx_90B_eus-gaap--ContractWithCustomerLiability_iI_pp0p0_c20211231__srt--ProductOrServiceAxis__custom--PreNeedMerchandiseAndServiceRevenueMember_zQ2CuhNXuYCl" title="Deferred revenue">13,722,348</span> and $<span id="xdx_906_eus-gaap--ContractWithCustomerLiability_iI_pp0p0_c20201231__srt--ProductOrServiceAxis__custom--PreNeedMerchandiseAndServiceRevenueMember_zwQxyrI6YvD4" title="Deferred revenue">12,545,753</span>, respectively.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><i><span style="text-decoration: underline">At-need Specialty Merchandise Revenue</span></i>: 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. As of December 31, 2021 and 2020, the balances were $<span id="xdx_90F_eus-gaap--ContractWithCustomerLiability_iI_pp0p0_c20211231__srt--ProductOrServiceAxis__custom--AtNeedSpecialtyMerchandiseRevenueMember_zKDaChHCXhpf" title="Deferred revenue">785,674</span> and $<span id="xdx_904_eus-gaap--ContractWithCustomerLiability_iI_pp0p0_c20201231__srt--ProductOrServiceAxis__custom--AtNeedSpecialtyMerchandiseRevenueMember_zEgevihTNjr" title="Deferred revenue">534,426</span>, respectively. Deferred revenue for at-need specialty revenue is not placed in trust.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><i><span style="text-decoration: underline">Deferred Pre-need Land Revenue</span></i>: Deferred pre-need revenue and corresponding commissions are deferred until <span id="xdx_90C_eus-gaap--RevenueRemainingPerformanceObligationPercentage_iI_pid_dp_c20211231__srt--ProductOrServiceAxis__custom--DeferredPreNeedLandRevenueMember_zMczp7CPzPaf" title="Revenue, remaining performance obligation, percentage">10</span>% of the funds are received from the customer through regular monthly payments. As of December 31, 2021 and 2020, the balances were $-<span id="xdx_900_eus-gaap--ContractWithCustomerLiability_iI_pp0p0_c20211231__srt--ProductOrServiceAxis__custom--DeferredPreNeedLandRevenueMember_zJv8fyj0WWrg" title="Deferred revenue">0</span>- and $-<span id="xdx_903_eus-gaap--ContractWithCustomerLiability_iI_pp0p0_c20201231__srt--ProductOrServiceAxis__custom--DeferredPreNeedLandRevenueMember_zVv9apytVaLa" title="Deferred revenue">0</span>-, respectively. Deferred pre-need land revenue is not placed in trust.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">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.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">SECURITY NATIONAL FINANCIAL CORPORATION</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">AND SUBSIDIARIES</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Notes to Consolidated Financial Statements</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Years Ended December 31, 2021 and 2020</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">23) <span style="text-decoration: underline">Revenues from Contracts with Customers (Continued)</span></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p id="xdx_89D_ecustom--ScheduleOfOpeningAndClosingBalancesOfReceivablesContractAssetsAndContractLiabilitiesTextBlock_zfBBYUYMvfce" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The opening and closing balances of the Company’s receivables, contract assets and contract liabilities are as follows:</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span id="xdx_8B2_zy6LTxpzfKNh" style="display: none">Schedule of Opening and Closing Balances of Receivables, Contract Assets and Contract Liabilities</span><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <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="10" style="border-bottom: Black 1pt solid; text-align: center">Contract Balances</td><td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_F57_z9juRK15da44" style="border-bottom: Black 1pt solid; text-align: center">Receivables (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">Contract Asset</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">Contract Liability</td><td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 40%">Opening (1/1/2021)</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_984_ecustom--TradeContractReceivables_iS_pp0p0_c20210101__20211231_fKDEp_z4iGQs334Pt1" style="width: 16%; text-align: right" title="Receivables, beginning balance">4,119,988</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 16%; text-align: right">            <span id="xdx_903_eus-gaap--ContractWithCustomerAssetNet_iS_pp0p0_c20210101__20211231_zg0nyLea30Y7" title="Contract asset, beginning balance"><span style="-sec-ix-hidden: xdx2ixbrl4790">-</span></span></td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_980_eus-gaap--ContractWithCustomerLiability_iS_pp0p0_c20210101__20211231_zzWJLVRxN2ef" style="width: 16%; text-align: right" title="Contract liability, beginning balance">13,080,179</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-bottom: 1pt">Closing (12/31/2021)</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_987_ecustom--TradeContractReceivables_iE_pp0p0_c20210101__20211231_fKDEp_zJa0RvSr7Aw2" style="border-bottom: Black 1pt solid; text-align: right" title="Receivables, ending balance">5,298,636</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"><span id="xdx_906_eus-gaap--ContractWithCustomerAssetNet_iE_pp0p0_c20210101__20211231_zjscS5QPveRc" title="Contract asset, ending balance"><span style="-sec-ix-hidden: xdx2ixbrl4796">-</span></span></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--ContractWithCustomerLiability_iE_pp0p0_c20210101__20211231_zDBguUEe9Vog" style="border-bottom: Black 1pt solid; text-align: right" title="Contract liability, ending balance">14,508,022</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">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_986_eus-gaap--IncreaseDecreaseInAccountsReceivable_pp0p0_c20210101__20211231_fKDEp_z831137uVLUc" style="border-bottom: Black 2.5pt double; text-align: right" title="Increase (decrease) in accounts receivable">1,178,648</td><td style="padding-bottom: 2.5pt; 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"><span id="xdx_90C_eus-gaap--IncreaseDecreaseInContractWithCustomerAsset_pp0p0_c20210101__20211231_zCa8cAblmC9e" title="Increase (decrease) in contract asset"><span style="-sec-ix-hidden: xdx2ixbrl4802">-</span></span></td><td style="padding-bottom: 2.5pt; 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--IncreaseDecreaseInContractWithCustomerLiability_pp0p0_c20210101__20211231_zdrrOAfa5vIl" style="border-bottom: Black 2.5pt double; text-align: right" title="Increase (decrease) in contract liability">1,427,843</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> <p style="margin: 0"> </p> <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="10" style="border-bottom: Black 1pt solid; text-align: center">Contract Balances</td><td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_F5A_zn74swFQQeSa" style="border-bottom: Black 1pt solid; text-align: center">Receivables (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">Contract Asset</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">Contract Liability</td><td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 40%">Opening (1/1/2020)</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_981_ecustom--TradeContractReceivables_iS_pp0p0_c20200101__20201231_fKDEp_zUzVTCcSkuc9" style="width: 16%; text-align: right" title="Receivables, beginning balance">2,778,879</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_98A_eus-gaap--ContractWithCustomerAssetNet_iS_pp0p0_c20200101__20201231_zw9h60aRTVY4" style="width: 16%; text-align: right" title="Contract asset, beginning balance"><span style="-sec-ix-hidden: xdx2ixbrl4808">-</span></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--ContractWithCustomerLiability_iS_pp0p0_c20200101__20201231_zZpdyw0pqQv4" style="width: 16%; text-align: right" title="Contract liability, beginning balance">12,607,978</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-bottom: 1pt">Closing (12/31/2020)</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_985_ecustom--TradeContractReceivables_iE_pp0p0_c20200101__20201231_fKDEp_zvSzEdXk8ty1" style="border-bottom: Black 1pt solid; text-align: right" title="Receivables, ending balance">4,119,988</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">             <span id="xdx_902_eus-gaap--ContractWithCustomerAssetNet_iE_pp0p0_c20200101__20201231_zhZNARjdUjKb" title="Contract asset, ending balance"><span style="-sec-ix-hidden: xdx2ixbrl4814">-</span></span></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--ContractWithCustomerLiability_iE_pp0p0_c20200101__20201231_z913gzu5PlIf" style="border-bottom: Black 1pt solid; text-align: right" title="Contract liability, ending balance">13,080,179</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">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_987_eus-gaap--IncreaseDecreaseInAccountsReceivable_pp0p0_c20200101__20201231_fKDEp_zPfP4cRkZYO3" style="border-bottom: Black 2.5pt double; text-align: right" title="Increase (decrease) in accounts receivable">1,341,109</td><td style="padding-bottom: 2.5pt; 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"><span id="xdx_904_eus-gaap--IncreaseDecreaseInContractWithCustomerAsset_pp0p0_c20200101__20201231_zyreZF9QzHb3" title="Increase (decrease) in contract asset"><span style="-sec-ix-hidden: xdx2ixbrl4820">-</span></span></td><td style="padding-bottom: 2.5pt; 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--IncreaseDecreaseInContractWithCustomerLiability_pp0p0_c20200101__20201231_zBJaqdEfC9Vc" style="border-bottom: Black 2.5pt double; text-align: right" title="Increase (decrease) in contract liability">472,201</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <div style="width: 25%"><div style="border-top: Black 1pt solid; font-size: 1pt"> </div></div> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0"/> <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"><span id="xdx_F03_zrKgMvJJTD2a" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(1)</span></td><td style="width: 5pt"/><td style="text-align: justify"><span id="xdx_F1D_z7zK1aOlb1B7" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Included in Receivables, net on the consolidated balance sheets</span></td> </tr></table> <p id="xdx_8AD_zUsixL4hiexl" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p id="xdx_89E_ecustom--ScheduleOfOpeningAndClosingBalancesOfAssetsAndLiabilitiesTableTextBlock_zLHT7eP43j3b" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The following table disaggregates the opening and closing balances of the Company’s contract balances.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span id="xdx_8BA_zBg82cNwNna1" style="display: none">Schedule of Opening and Closing Balances of the Assets and Liabilities</span><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <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">Contract Balances</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">Contract Asset</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">Contract Liability</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">Pre-need merchandise and services</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_98D_eus-gaap--ContractWithCustomerAssetNet_iI_pp0p0_c20201231__srt--ProductOrServiceAxis__custom--PreNeedMerchandiseAndServicesMember_zt6rlJhOvqjb" style="width: 16%; text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl4826">-</span></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--ContractWithCustomerLiability_iI_pp0p0_c20201231__srt--ProductOrServiceAxis__custom--PreNeedMerchandiseAndServicesMember_zYCaIe0FS4Ph" style="width: 16%; text-align: right">12,545,753</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left">At-need specialty merchandise</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98B_eus-gaap--ContractWithCustomerAssetNet_iI_pp0p0_c20201231__srt--ProductOrServiceAxis__custom--AtNeedSpecialtyMerchandiseMember_z0Tj2jleeZa1" style="text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl4828">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_983_eus-gaap--ContractWithCustomerLiability_iI_pp0p0_c20201231__srt--ProductOrServiceAxis__custom--AtNeedSpecialtyMerchandiseMember_zBFWsauxzse5" style="text-align: right">534,426</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">Pre-need land sales</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_982_eus-gaap--ContractWithCustomerAssetNet_iI_pp0p0_c20201231__srt--ProductOrServiceAxis__custom--PreNeedLandSalesMember_zh0mmlW2Ff2l" style="border-bottom: Black 1pt solid; text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl4830">-</span></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--ContractWithCustomerLiability_iI_pp0p0_c20201231__srt--ProductOrServiceAxis__custom--PreNeedLandSalesMember_z9fhyQBPm3x5" style="border-bottom: Black 1pt solid; text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl4831">-</span></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">Opening (1/1/2021)</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--ContractWithCustomerAssetNet_iI_pp0p0_c20201231_zNUGfz4u3UV6" style="border-bottom: Black 2.5pt double; text-align: right" title="Contract with customer assets"><span style="-sec-ix-hidden: xdx2ixbrl4833">-</span></td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98B_eus-gaap--ContractWithCustomerLiability_iI_pp0p0_c20201231_zYkNgLCdo8k4" style="border-bottom: Black 2.5pt double; text-align: right" title="Contract with customer liability">13,080,179</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Pre-need merchandise and services</td><td> </td> <td style="text-align: left">$</td><td id="xdx_980_eus-gaap--ContractWithCustomerAssetNet_iI_pp0p0_c20211231__srt--ProductOrServiceAxis__custom--PreNeedMerchandiseAndServicesMember_zkrqJBceSdVc" style="text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl4836">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td id="xdx_983_eus-gaap--ContractWithCustomerLiability_iI_pp0p0_c20211231__srt--ProductOrServiceAxis__custom--PreNeedMerchandiseAndServicesMember_z4rBUnMIJEgl" style="text-align: right">13,722,348</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">At-need specialty merchandise</td><td> </td> <td style="text-align: left"> </td><td id="xdx_986_eus-gaap--ContractWithCustomerAssetNet_iI_pp0p0_c20211231__srt--ProductOrServiceAxis__custom--AtNeedSpecialtyMerchandiseMember_ztVIo92e3DWh" style="text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl4838">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_989_eus-gaap--ContractWithCustomerLiability_iI_pp0p0_c20211231__srt--ProductOrServiceAxis__custom--AtNeedSpecialtyMerchandiseMember_zB1cnWRBklp" style="text-align: right">785,674</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 1pt">Pre-need land sales</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_987_eus-gaap--ContractWithCustomerAssetNet_iI_pp0p0_c20211231__srt--ProductOrServiceAxis__custom--PreNeedLandSalesMember_zf81mv6JtdYh" style="border-bottom: Black 1pt solid; text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl4840">-</span></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--ContractWithCustomerLiability_iI_pp0p0_c20211231__srt--ProductOrServiceAxis__custom--PreNeedLandSalesMember_zAU30nPUa223" style="border-bottom: Black 1pt solid; text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl4841">-</span></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">Closing (12/31/2021)</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--ContractWithCustomerAssetNet_iI_pp0p0_c20211231_zmbdaKYg9YX5" style="border-bottom: Black 2.5pt double; text-align: right" title="Contract with customer assets"><span style="-sec-ix-hidden: xdx2ixbrl4843">-</span></td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_987_eus-gaap--ContractWithCustomerLiability_iI_pp0p0_c20211231_ztu8CtJT65lh" style="border-bottom: Black 2.5pt double; text-align: right" title="Contract with customer liability">14,508,022</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> <p style="margin: 0"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 80%"> <tr style="vertical-align: bottom"> <td> </td><td style="padding-bottom: 1pt"> </td> <td colspan="6" style="border-bottom: Black 1pt solid; text-align: center">Contract Balances</td><td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: right">Contract Asset</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: right">Contract Liability</td><td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 60%; text-align: left">Pre-need merchandise and services</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_984_eus-gaap--ContractWithCustomerAssetNet_iI_pp0p0_c20191231__srt--ProductOrServiceAxis__custom--PreNeedMerchandiseAndServicesMember_zzpboD7YHqaf" style="width: 16%; text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl4846">-</span></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--ContractWithCustomerLiability_iI_pp0p0_c20191231__srt--ProductOrServiceAxis__custom--PreNeedMerchandiseAndServicesMember_zKej0jyOQUnb" style="width: 16%; text-align: right">12,325,437</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left">At-need specialty merchandise</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98F_eus-gaap--ContractWithCustomerAssetNet_iI_pp0p0_c20191231__srt--ProductOrServiceAxis__custom--AtNeedSpecialtyMerchandiseMember_zWlKtVj6kzHj" style="text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl4848">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98E_eus-gaap--ContractWithCustomerLiability_iI_pp0p0_c20191231__srt--ProductOrServiceAxis__custom--AtNeedSpecialtyMerchandiseMember_zTdVBHY6H9w1" style="text-align: right">282,541</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">Pre-need land sales</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98C_eus-gaap--ContractWithCustomerAssetNet_iI_pp0p0_c20191231__srt--ProductOrServiceAxis__custom--PreNeedLandSalesMember_ztyv9aeoz4Ni" style="border-bottom: Black 1pt solid; text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl4850">-</span></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--ContractWithCustomerLiability_iI_pp0p0_c20191231__srt--ProductOrServiceAxis__custom--PreNeedLandSalesMember_zpHfdtU314V7" style="border-bottom: Black 1pt solid; text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl4851">-</span></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">Opening (1/1/2020)</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--ContractWithCustomerAssetNet_iI_pp0p0_c20191231_z75yUSwk4d6d" style="border-bottom: Black 2.5pt double; text-align: right" title="Contract with customer assets"><span style="-sec-ix-hidden: xdx2ixbrl4853">-</span></td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_984_eus-gaap--ContractWithCustomerLiability_iI_pp0p0_c20191231_zEZB5GrtYe5j" style="border-bottom: Black 2.5pt double; text-align: right" title="Contract with customer liability">12,607,978</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Pre-need merchandise and services</td><td> </td> <td style="text-align: left">$</td><td id="xdx_989_eus-gaap--ContractWithCustomerAssetNet_iI_pp0p0_c20201231__srt--ProductOrServiceAxis__custom--PreNeedMerchandiseAndServicesMember_z5aIZLuUTaof" style="text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl4856">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td id="xdx_988_eus-gaap--ContractWithCustomerLiability_iI_pp0p0_c20201231__srt--ProductOrServiceAxis__custom--PreNeedMerchandiseAndServicesMember_zw7Yo22JAOpk" style="text-align: right">12,545,753</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">At-need specialty merchandise</td><td> </td> <td style="text-align: left"> </td><td id="xdx_987_eus-gaap--ContractWithCustomerAssetNet_iI_pp0p0_c20201231__srt--ProductOrServiceAxis__custom--AtNeedSpecialtyMerchandiseMember_zXp7m9f8lVB2" style="text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl4858">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_987_eus-gaap--ContractWithCustomerLiability_iI_pp0p0_c20201231__srt--ProductOrServiceAxis__custom--AtNeedSpecialtyMerchandiseMember_zf8odQ2xTpA2" style="text-align: right">534,426</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 1pt">Pre-need land sales</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_987_eus-gaap--ContractWithCustomerAssetNet_iI_pp0p0_c20201231__srt--ProductOrServiceAxis__custom--PreNeedLandSalesMember_ziZvHjGbbkT4" style="border-bottom: Black 1pt solid; text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl4860">-</span></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--ContractWithCustomerLiability_iI_pp0p0_c20201231__srt--ProductOrServiceAxis__custom--PreNeedLandSalesMember_z3SqgAFuhQVi" style="border-bottom: Black 1pt solid; text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl4861">-</span></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">Closing (12/31/2020)</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--ContractWithCustomerAssetNet_iI_pp0p0_c20201231_zCSMkktdTtVg" style="border-bottom: Black 2.5pt double; text-align: right" title="Contract with customer assets"><span style="-sec-ix-hidden: xdx2ixbrl4863">-</span></td><td style="padding-bottom: 2.5pt; 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--ContractWithCustomerLiability_iI_pp0p0_c20201231_zfPKF3i751J3" style="border-bottom: Black 2.5pt double; text-align: right" title="Contract with customer liability">13,080,179</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> <p id="xdx_8A0_zpp4WazfFon" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"/></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">SECURITY NATIONAL FINANCIAL CORPORATION</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">AND SUBSIDIARIES</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Notes to Consolidated Financial Statements</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Years Ended December 31, 2021 and 2020</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">23) <span style="text-decoration: underline">Revenues from Contracts with Customers (Continued)</span></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The amount of revenue recognized for the years ended December 31, 2021 and 2020 that was included in the opening contract liability balance was $<span id="xdx_901_eus-gaap--ContractWithCustomerLiabilityRevenueRecognized_pp0p0_c20210101__20211231_zVQEpqyoL4sb" title="Revenue recognized included in the opening contract liability">4,528,646</span> and $<span id="xdx_909_eus-gaap--ContractWithCustomerLiabilityRevenueRecognized_pp0p0_c20200101__20201231_zYHfd7jmPFJ3" title="Revenue recognized included in the opening contract liability">4,359,709</span>, respectively.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">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.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="text-decoration: underline">Disaggregation of Revenue</span></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p id="xdx_895_eus-gaap--DisaggregationOfRevenueTableTextBlock_z01CvGpXZnj4" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The following table disaggregates revenue for the Company’s cemetery and mortuary contracts.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span id="xdx_8B6_zzI5eHnqQb8a" style="display: none">Revenues of the Cemetery and Mortuary Contracts</span><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <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="6" style="border-bottom: Black 1pt solid; text-align: center">Years Ended December 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">2021</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">2020</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: 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 style="vertical-align: bottom; background-color: White"> <td style="width: 60%">At-need</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_981_ecustom--NetMortuaryAndCemeterySales_pp0p0_c20210101__20211231__us-gaap--IncomeStatementLocationAxis__custom--MajorGoodsOrServicesLinesAtNeedMember_zbIhOVvmXnl" style="width: 16%; text-align: right" title="Net mortuary and cemetery sales">16,220,541</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_982_ecustom--NetMortuaryAndCemeterySales_c20200101__20201231__us-gaap--IncomeStatementLocationAxis__custom--MajorGoodsOrServicesLinesAtNeedMember_pp0p0" style="width: 16%; text-align: right" title="Net mortuary and cemetery sales">15,212,822</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-bottom: 1pt">Pre-need</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_987_ecustom--NetMortuaryAndCemeterySales_pp0p0_c20210101__20211231__us-gaap--IncomeStatementLocationAxis__custom--MajorGoodsOrServicesLinesPreNeedMember_zMXJHhj2oE68" style="border-bottom: Black 1pt solid; text-align: right" title="Net mortuary and cemetery sales">7,776,772</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98E_ecustom--NetMortuaryAndCemeterySales_c20200101__20201231__us-gaap--IncomeStatementLocationAxis__custom--MajorGoodsOrServicesLinesPreNeedMember_pp0p0" style="border-bottom: Black 1pt solid; text-align: right" title="Net mortuary and cemetery sales">5,094,613</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-bottom: 2.5pt"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98F_ecustom--NetMortuaryAndCemeterySales_pp0p0_c20210101__20211231_zCjarykhvTX7" style="border-bottom: Black 2.5pt double; text-align: right" title="Net mortuary and cemetery sales">23,997,313</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_984_ecustom--NetMortuaryAndCemeterySales_c20200101__20201231_pp0p0" style="border-bottom: Black 2.5pt double; text-align: right" title="Net mortuary and cemetery sales">20,307,435</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-decoration: underline; text-align: left">Timing of Revenue Recognition</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Goods transferred at a point in time</td><td> </td> <td style="text-align: left">$</td><td id="xdx_987_ecustom--NetMortuaryAndCemeterySales_pp0p0_c20210101__20211231__us-gaap--IncomeStatementLocationAxis__custom--TimingOfRevenueRecognitionGoodsTransferredAtAPointInTimeMember_zel9MV40r4Aa" style="text-align: right" title="Net mortuary and cemetery sales">16,793,439</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td id="xdx_98A_ecustom--NetMortuaryAndCemeterySales_c20200101__20201231__us-gaap--IncomeStatementLocationAxis__custom--TimingOfRevenueRecognitionGoodsTransferredAtAPointInTimeMember_pp0p0" style="text-align: right" title="Net mortuary and cemetery sales">13,438,592</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 1pt">Services transferred at a point in time</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_984_ecustom--NetMortuaryAndCemeterySales_pp0p0_c20210101__20211231__us-gaap--IncomeStatementLocationAxis__custom--TimingOfRevenueRecognitionServicesTransferredAtAPointInTimeMember_ze97sf8jzD6b" style="border-bottom: Black 1pt solid; text-align: right" title="Net mortuary and cemetery sales">7,203,874</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_987_ecustom--NetMortuaryAndCemeterySales_c20200101__20201231__us-gaap--IncomeStatementLocationAxis__custom--TimingOfRevenueRecognitionServicesTransferredAtAPointInTimeMember_pp0p0" style="border-bottom: Black 1pt solid; text-align: right" title="Net mortuary and cemetery sales">6,868,843</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-bottom: 2.5pt"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_982_ecustom--NetMortuaryAndCemeterySales_pp0p0_c20210101__20211231_zUn2s2DjUbBa" style="border-bottom: Black 2.5pt double; text-align: right" title="Net mortuary and cemetery sales">23,997,313</td><td style="padding-bottom: 2.5pt; 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_ecustom--NetMortuaryAndCemeterySales_pp0p0_c20200101__20201231_zptACdjNVmI" style="border-bottom: Black 2.5pt double; text-align: right" title="Net mortuary and cemetery sales">20,307,435</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> <p id="xdx_8AE_zRWJLFsoNg28" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Significant Judgments and Estimates</b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Company’s cemetery and mortuary segment recognizes revenue on future performance obligations when goods are delivered and when services are performed and is not determined by the terms or payments of the contract as long as any good or service is paid in full prior to delivery. Prices are determined based on the market at the time a contract is created. Goods or services are not partially completed. There are no significant judgements, estimations or allocation methods when revenue should be recognized.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Practical Expedients</b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Company has not elected to use any of the practical expedients under ASC 606.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Contract Costs</b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Company’s cemetery and mortuary segment defers certain costs associated with obtaining a contract on future obligations.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><i><span style="text-decoration: underline">Pre-need Merchandise and Service Revenue</span></i>: Pre-need merchandise and service revenues are deferred until the goods or services are delivered. Recognition can be years until the obligations are satisfied. Commissions and other costs are capitalized and deferred until the obligation is satisfied. Other costs include rent on pre-need offices and training rooms, and call center costs. Costs that are allocated based on a percentage include family service advisor compensation, bonuses, utilities and supplies that are all used to procure a pre-need sale.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><i><span style="text-decoration: underline">At-need Specialty Merchandise Revenue</span></i>: At-need specialty merchandise is ordered from a third-party manufacturer. Generally, at-need specialty merchandise is ordered and received within 90 days of order. These orders are also short-term in nature and are deferred until the product is received from the manufacturer and the obligation is satisfied.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">SECURITY NATIONAL FINANCIAL CORPORATION</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">AND SUBSIDIARIES</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Notes to Consolidated Financial Statements</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Years Ended December 31, 2021 and 2020</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">23) <span style="text-decoration: underline">Revenues from Contracts with Customers (Continued)</span></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><i><span style="text-decoration: underline">Deferred Pre-need Land Revenue</span></i>: Revenue is recognized on pre-need land sales when the customer has paid at least 10% toward the land price. In cases, where customers pay less than 10%, the revenue and associated commissions are deferred until such time when 10% of the contract price is received.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p id="xdx_899_ecustom--ReconciliationOfRevenuesFromCemeteryAndMortuaryContractsToBusinessSegmentInformationTextBlock_zfSIM8QGuPta" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The following table disaggregates contract costs that are included in deferred policy and pre-need contract acquisition costs on the consolidated balances sheets.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span id="xdx_8BB_zyIickRj9Xvf" style="display: none">Reconciliation of Revenues from Cemetery and mortuary contracts to Business Segment Information</span><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <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: 1pt"> </td> <td colspan="2" id="xdx_498_20210101__20211231_zFuzphBbNaLe" style="border-bottom: Black 1pt solid; text-align: center">2021</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_49F_20200101__20201231_zta784NYXSmd" style="border-bottom: Black 1pt solid; text-align: center">2020</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">Years Ended December 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">2021</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">2020</td><td style="padding-bottom: 1pt"> </td></tr> <tr id="xdx_407_ecustom--PreneedMerchandiseAndService_maDPAPCzTKS_zWXfvBEJiwWi" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 60%; text-align: left">Pre-need merchandise and services</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 16%; text-align: right">3,688,579</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 16%; text-align: right">3,601,638</td><td style="width: 1%; text-align: left"> </td></tr> <tr id="xdx_40C_ecustom--AtneedSpecialtyMerchandises_maDPAPCzTKS_zLfQJNilUogc" style="vertical-align: bottom; background-color: White"> <td style="text-align: left">At-need specialty merchandise</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">29,688</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">5,302</td><td style="text-align: left"> </td></tr> <tr id="xdx_404_ecustom--PreneedLandSale_maDPAPCzTKS_zWYqdoKhTSNd" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 1pt">Pre-need land sales</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"><span style="-sec-ix-hidden: xdx2ixbrl4905"> </span></td><td style="border-bottom: Black 1pt solid; text-align: right">-</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"><span style="-sec-ix-hidden: xdx2ixbrl4906"> </span></td><td style="border-bottom: Black 1pt solid; text-align: right">-</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_408_ecustom--DeferredPlicyAndPreneedContractAcquisitionCosts_iT_mtDPAPCzTKS_zYc2pird8Sxi" style="vertical-align: bottom; background-color: White"> <td style="padding-bottom: 2.5pt"><span style="display: none; font-family: Times New Roman, Times, Serif; font-size: 10pt">Deferred policy and pre-need contract acquisition costs</span></td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">3,718,267</td><td style="padding-bottom: 2.5pt; 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">3,606,940</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> <p id="xdx_8AA_zj6U3PCfV0Ph" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> 14508022 13080179 13722348 12545753 785674 534426 0.10 0 0 <p id="xdx_89D_ecustom--ScheduleOfOpeningAndClosingBalancesOfReceivablesContractAssetsAndContractLiabilitiesTextBlock_zfBBYUYMvfce" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The opening and closing balances of the Company’s receivables, contract assets and contract liabilities are as follows:</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span id="xdx_8B2_zy6LTxpzfKNh" style="display: none">Schedule of Opening and Closing Balances of Receivables, Contract Assets and Contract Liabilities</span><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <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="10" style="border-bottom: Black 1pt solid; text-align: center">Contract Balances</td><td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_F57_z9juRK15da44" style="border-bottom: Black 1pt solid; text-align: center">Receivables (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">Contract Asset</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">Contract Liability</td><td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 40%">Opening (1/1/2021)</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_984_ecustom--TradeContractReceivables_iS_pp0p0_c20210101__20211231_fKDEp_z4iGQs334Pt1" style="width: 16%; text-align: right" title="Receivables, beginning balance">4,119,988</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 16%; text-align: right">            <span id="xdx_903_eus-gaap--ContractWithCustomerAssetNet_iS_pp0p0_c20210101__20211231_zg0nyLea30Y7" title="Contract asset, beginning balance"><span style="-sec-ix-hidden: xdx2ixbrl4790">-</span></span></td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_980_eus-gaap--ContractWithCustomerLiability_iS_pp0p0_c20210101__20211231_zzWJLVRxN2ef" style="width: 16%; text-align: right" title="Contract liability, beginning balance">13,080,179</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-bottom: 1pt">Closing (12/31/2021)</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_987_ecustom--TradeContractReceivables_iE_pp0p0_c20210101__20211231_fKDEp_zJa0RvSr7Aw2" style="border-bottom: Black 1pt solid; text-align: right" title="Receivables, ending balance">5,298,636</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"><span id="xdx_906_eus-gaap--ContractWithCustomerAssetNet_iE_pp0p0_c20210101__20211231_zjscS5QPveRc" title="Contract asset, ending balance"><span style="-sec-ix-hidden: xdx2ixbrl4796">-</span></span></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--ContractWithCustomerLiability_iE_pp0p0_c20210101__20211231_zDBguUEe9Vog" style="border-bottom: Black 1pt solid; text-align: right" title="Contract liability, ending balance">14,508,022</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">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_986_eus-gaap--IncreaseDecreaseInAccountsReceivable_pp0p0_c20210101__20211231_fKDEp_z831137uVLUc" style="border-bottom: Black 2.5pt double; text-align: right" title="Increase (decrease) in accounts receivable">1,178,648</td><td style="padding-bottom: 2.5pt; 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"><span id="xdx_90C_eus-gaap--IncreaseDecreaseInContractWithCustomerAsset_pp0p0_c20210101__20211231_zCa8cAblmC9e" title="Increase (decrease) in contract asset"><span style="-sec-ix-hidden: xdx2ixbrl4802">-</span></span></td><td style="padding-bottom: 2.5pt; 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--IncreaseDecreaseInContractWithCustomerLiability_pp0p0_c20210101__20211231_zdrrOAfa5vIl" style="border-bottom: Black 2.5pt double; text-align: right" title="Increase (decrease) in contract liability">1,427,843</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> <p style="margin: 0"> </p> <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="10" style="border-bottom: Black 1pt solid; text-align: center">Contract Balances</td><td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_F5A_zn74swFQQeSa" style="border-bottom: Black 1pt solid; text-align: center">Receivables (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">Contract Asset</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">Contract Liability</td><td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 40%">Opening (1/1/2020)</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_981_ecustom--TradeContractReceivables_iS_pp0p0_c20200101__20201231_fKDEp_zUzVTCcSkuc9" style="width: 16%; text-align: right" title="Receivables, beginning balance">2,778,879</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_98A_eus-gaap--ContractWithCustomerAssetNet_iS_pp0p0_c20200101__20201231_zw9h60aRTVY4" style="width: 16%; text-align: right" title="Contract asset, beginning balance"><span style="-sec-ix-hidden: xdx2ixbrl4808">-</span></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--ContractWithCustomerLiability_iS_pp0p0_c20200101__20201231_zZpdyw0pqQv4" style="width: 16%; text-align: right" title="Contract liability, beginning balance">12,607,978</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-bottom: 1pt">Closing (12/31/2020)</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_985_ecustom--TradeContractReceivables_iE_pp0p0_c20200101__20201231_fKDEp_zvSzEdXk8ty1" style="border-bottom: Black 1pt solid; text-align: right" title="Receivables, ending balance">4,119,988</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">             <span id="xdx_902_eus-gaap--ContractWithCustomerAssetNet_iE_pp0p0_c20200101__20201231_zhZNARjdUjKb" title="Contract asset, ending balance"><span style="-sec-ix-hidden: xdx2ixbrl4814">-</span></span></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--ContractWithCustomerLiability_iE_pp0p0_c20200101__20201231_z913gzu5PlIf" style="border-bottom: Black 1pt solid; text-align: right" title="Contract liability, ending balance">13,080,179</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">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_987_eus-gaap--IncreaseDecreaseInAccountsReceivable_pp0p0_c20200101__20201231_fKDEp_zPfP4cRkZYO3" style="border-bottom: Black 2.5pt double; text-align: right" title="Increase (decrease) in accounts receivable">1,341,109</td><td style="padding-bottom: 2.5pt; 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"><span id="xdx_904_eus-gaap--IncreaseDecreaseInContractWithCustomerAsset_pp0p0_c20200101__20201231_zyreZF9QzHb3" title="Increase (decrease) in contract asset"><span style="-sec-ix-hidden: xdx2ixbrl4820">-</span></span></td><td style="padding-bottom: 2.5pt; 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--IncreaseDecreaseInContractWithCustomerLiability_pp0p0_c20200101__20201231_zBJaqdEfC9Vc" style="border-bottom: Black 2.5pt double; text-align: right" title="Increase (decrease) in contract liability">472,201</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <div style="width: 25%"><div style="border-top: Black 1pt solid; font-size: 1pt"> </div></div> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0"/> <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"><span id="xdx_F03_zrKgMvJJTD2a" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(1)</span></td><td style="width: 5pt"/><td style="text-align: justify"><span id="xdx_F1D_z7zK1aOlb1B7" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Included in Receivables, net on the consolidated balance sheets</span></td> </tr></table> 4119988 13080179 5298636 14508022 1178648 1427843 2778879 12607978 4119988 13080179 1341109 472201 <p id="xdx_89E_ecustom--ScheduleOfOpeningAndClosingBalancesOfAssetsAndLiabilitiesTableTextBlock_zLHT7eP43j3b" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The following table disaggregates the opening and closing balances of the Company’s contract balances.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span id="xdx_8BA_zBg82cNwNna1" style="display: none">Schedule of Opening and Closing Balances of the Assets and Liabilities</span><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <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">Contract Balances</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">Contract Asset</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">Contract Liability</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">Pre-need merchandise and services</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_98D_eus-gaap--ContractWithCustomerAssetNet_iI_pp0p0_c20201231__srt--ProductOrServiceAxis__custom--PreNeedMerchandiseAndServicesMember_zt6rlJhOvqjb" style="width: 16%; text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl4826">-</span></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--ContractWithCustomerLiability_iI_pp0p0_c20201231__srt--ProductOrServiceAxis__custom--PreNeedMerchandiseAndServicesMember_zYCaIe0FS4Ph" style="width: 16%; text-align: right">12,545,753</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left">At-need specialty merchandise</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98B_eus-gaap--ContractWithCustomerAssetNet_iI_pp0p0_c20201231__srt--ProductOrServiceAxis__custom--AtNeedSpecialtyMerchandiseMember_z0Tj2jleeZa1" style="text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl4828">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_983_eus-gaap--ContractWithCustomerLiability_iI_pp0p0_c20201231__srt--ProductOrServiceAxis__custom--AtNeedSpecialtyMerchandiseMember_zBFWsauxzse5" style="text-align: right">534,426</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">Pre-need land sales</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_982_eus-gaap--ContractWithCustomerAssetNet_iI_pp0p0_c20201231__srt--ProductOrServiceAxis__custom--PreNeedLandSalesMember_zh0mmlW2Ff2l" style="border-bottom: Black 1pt solid; text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl4830">-</span></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--ContractWithCustomerLiability_iI_pp0p0_c20201231__srt--ProductOrServiceAxis__custom--PreNeedLandSalesMember_z9fhyQBPm3x5" style="border-bottom: Black 1pt solid; text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl4831">-</span></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">Opening (1/1/2021)</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--ContractWithCustomerAssetNet_iI_pp0p0_c20201231_zNUGfz4u3UV6" style="border-bottom: Black 2.5pt double; text-align: right" title="Contract with customer assets"><span style="-sec-ix-hidden: xdx2ixbrl4833">-</span></td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98B_eus-gaap--ContractWithCustomerLiability_iI_pp0p0_c20201231_zYkNgLCdo8k4" style="border-bottom: Black 2.5pt double; text-align: right" title="Contract with customer liability">13,080,179</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Pre-need merchandise and services</td><td> </td> <td style="text-align: left">$</td><td id="xdx_980_eus-gaap--ContractWithCustomerAssetNet_iI_pp0p0_c20211231__srt--ProductOrServiceAxis__custom--PreNeedMerchandiseAndServicesMember_zkrqJBceSdVc" style="text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl4836">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td id="xdx_983_eus-gaap--ContractWithCustomerLiability_iI_pp0p0_c20211231__srt--ProductOrServiceAxis__custom--PreNeedMerchandiseAndServicesMember_z4rBUnMIJEgl" style="text-align: right">13,722,348</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">At-need specialty merchandise</td><td> </td> <td style="text-align: left"> </td><td id="xdx_986_eus-gaap--ContractWithCustomerAssetNet_iI_pp0p0_c20211231__srt--ProductOrServiceAxis__custom--AtNeedSpecialtyMerchandiseMember_ztVIo92e3DWh" style="text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl4838">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_989_eus-gaap--ContractWithCustomerLiability_iI_pp0p0_c20211231__srt--ProductOrServiceAxis__custom--AtNeedSpecialtyMerchandiseMember_zB1cnWRBklp" style="text-align: right">785,674</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 1pt">Pre-need land sales</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_987_eus-gaap--ContractWithCustomerAssetNet_iI_pp0p0_c20211231__srt--ProductOrServiceAxis__custom--PreNeedLandSalesMember_zf81mv6JtdYh" style="border-bottom: Black 1pt solid; text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl4840">-</span></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--ContractWithCustomerLiability_iI_pp0p0_c20211231__srt--ProductOrServiceAxis__custom--PreNeedLandSalesMember_zAU30nPUa223" style="border-bottom: Black 1pt solid; text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl4841">-</span></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">Closing (12/31/2021)</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--ContractWithCustomerAssetNet_iI_pp0p0_c20211231_zmbdaKYg9YX5" style="border-bottom: Black 2.5pt double; text-align: right" title="Contract with customer assets"><span style="-sec-ix-hidden: xdx2ixbrl4843">-</span></td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_987_eus-gaap--ContractWithCustomerLiability_iI_pp0p0_c20211231_ztu8CtJT65lh" style="border-bottom: Black 2.5pt double; text-align: right" title="Contract with customer liability">14,508,022</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> <p style="margin: 0"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 80%"> <tr style="vertical-align: bottom"> <td> </td><td style="padding-bottom: 1pt"> </td> <td colspan="6" style="border-bottom: Black 1pt solid; text-align: center">Contract Balances</td><td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: right">Contract Asset</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: right">Contract Liability</td><td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 60%; text-align: left">Pre-need merchandise and services</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_984_eus-gaap--ContractWithCustomerAssetNet_iI_pp0p0_c20191231__srt--ProductOrServiceAxis__custom--PreNeedMerchandiseAndServicesMember_zzpboD7YHqaf" style="width: 16%; text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl4846">-</span></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--ContractWithCustomerLiability_iI_pp0p0_c20191231__srt--ProductOrServiceAxis__custom--PreNeedMerchandiseAndServicesMember_zKej0jyOQUnb" style="width: 16%; text-align: right">12,325,437</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left">At-need specialty merchandise</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98F_eus-gaap--ContractWithCustomerAssetNet_iI_pp0p0_c20191231__srt--ProductOrServiceAxis__custom--AtNeedSpecialtyMerchandiseMember_zWlKtVj6kzHj" style="text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl4848">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98E_eus-gaap--ContractWithCustomerLiability_iI_pp0p0_c20191231__srt--ProductOrServiceAxis__custom--AtNeedSpecialtyMerchandiseMember_zTdVBHY6H9w1" style="text-align: right">282,541</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">Pre-need land sales</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98C_eus-gaap--ContractWithCustomerAssetNet_iI_pp0p0_c20191231__srt--ProductOrServiceAxis__custom--PreNeedLandSalesMember_ztyv9aeoz4Ni" style="border-bottom: Black 1pt solid; text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl4850">-</span></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--ContractWithCustomerLiability_iI_pp0p0_c20191231__srt--ProductOrServiceAxis__custom--PreNeedLandSalesMember_zpHfdtU314V7" style="border-bottom: Black 1pt solid; text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl4851">-</span></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">Opening (1/1/2020)</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--ContractWithCustomerAssetNet_iI_pp0p0_c20191231_z75yUSwk4d6d" style="border-bottom: Black 2.5pt double; text-align: right" title="Contract with customer assets"><span style="-sec-ix-hidden: xdx2ixbrl4853">-</span></td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_984_eus-gaap--ContractWithCustomerLiability_iI_pp0p0_c20191231_zEZB5GrtYe5j" style="border-bottom: Black 2.5pt double; text-align: right" title="Contract with customer liability">12,607,978</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Pre-need merchandise and services</td><td> </td> <td style="text-align: left">$</td><td id="xdx_989_eus-gaap--ContractWithCustomerAssetNet_iI_pp0p0_c20201231__srt--ProductOrServiceAxis__custom--PreNeedMerchandiseAndServicesMember_z5aIZLuUTaof" style="text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl4856">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td id="xdx_988_eus-gaap--ContractWithCustomerLiability_iI_pp0p0_c20201231__srt--ProductOrServiceAxis__custom--PreNeedMerchandiseAndServicesMember_zw7Yo22JAOpk" style="text-align: right">12,545,753</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">At-need specialty merchandise</td><td> </td> <td style="text-align: left"> </td><td id="xdx_987_eus-gaap--ContractWithCustomerAssetNet_iI_pp0p0_c20201231__srt--ProductOrServiceAxis__custom--AtNeedSpecialtyMerchandiseMember_zXp7m9f8lVB2" style="text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl4858">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_987_eus-gaap--ContractWithCustomerLiability_iI_pp0p0_c20201231__srt--ProductOrServiceAxis__custom--AtNeedSpecialtyMerchandiseMember_zf8odQ2xTpA2" style="text-align: right">534,426</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 1pt">Pre-need land sales</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_987_eus-gaap--ContractWithCustomerAssetNet_iI_pp0p0_c20201231__srt--ProductOrServiceAxis__custom--PreNeedLandSalesMember_ziZvHjGbbkT4" style="border-bottom: Black 1pt solid; text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl4860">-</span></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--ContractWithCustomerLiability_iI_pp0p0_c20201231__srt--ProductOrServiceAxis__custom--PreNeedLandSalesMember_z3SqgAFuhQVi" style="border-bottom: Black 1pt solid; text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl4861">-</span></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">Closing (12/31/2020)</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--ContractWithCustomerAssetNet_iI_pp0p0_c20201231_zCSMkktdTtVg" style="border-bottom: Black 2.5pt double; text-align: right" title="Contract with customer assets"><span style="-sec-ix-hidden: xdx2ixbrl4863">-</span></td><td style="padding-bottom: 2.5pt; 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--ContractWithCustomerLiability_iI_pp0p0_c20201231_zfPKF3i751J3" style="border-bottom: Black 2.5pt double; text-align: right" title="Contract with customer liability">13,080,179</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> 12545753 534426 13080179 13722348 785674 14508022 12325437 282541 12607978 12545753 534426 13080179 4528646 4359709 <p id="xdx_895_eus-gaap--DisaggregationOfRevenueTableTextBlock_z01CvGpXZnj4" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The following table disaggregates revenue for the Company’s cemetery and mortuary contracts.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span id="xdx_8B6_zzI5eHnqQb8a" style="display: none">Revenues of the Cemetery and Mortuary Contracts</span><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <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="6" style="border-bottom: Black 1pt solid; text-align: center">Years Ended December 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">2021</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">2020</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: 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 style="vertical-align: bottom; background-color: White"> <td style="width: 60%">At-need</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_981_ecustom--NetMortuaryAndCemeterySales_pp0p0_c20210101__20211231__us-gaap--IncomeStatementLocationAxis__custom--MajorGoodsOrServicesLinesAtNeedMember_zbIhOVvmXnl" style="width: 16%; text-align: right" title="Net mortuary and cemetery sales">16,220,541</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_982_ecustom--NetMortuaryAndCemeterySales_c20200101__20201231__us-gaap--IncomeStatementLocationAxis__custom--MajorGoodsOrServicesLinesAtNeedMember_pp0p0" style="width: 16%; text-align: right" title="Net mortuary and cemetery sales">15,212,822</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-bottom: 1pt">Pre-need</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_987_ecustom--NetMortuaryAndCemeterySales_pp0p0_c20210101__20211231__us-gaap--IncomeStatementLocationAxis__custom--MajorGoodsOrServicesLinesPreNeedMember_zMXJHhj2oE68" style="border-bottom: Black 1pt solid; text-align: right" title="Net mortuary and cemetery sales">7,776,772</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98E_ecustom--NetMortuaryAndCemeterySales_c20200101__20201231__us-gaap--IncomeStatementLocationAxis__custom--MajorGoodsOrServicesLinesPreNeedMember_pp0p0" style="border-bottom: Black 1pt solid; text-align: right" title="Net mortuary and cemetery sales">5,094,613</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-bottom: 2.5pt"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98F_ecustom--NetMortuaryAndCemeterySales_pp0p0_c20210101__20211231_zCjarykhvTX7" style="border-bottom: Black 2.5pt double; text-align: right" title="Net mortuary and cemetery sales">23,997,313</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_984_ecustom--NetMortuaryAndCemeterySales_c20200101__20201231_pp0p0" style="border-bottom: Black 2.5pt double; text-align: right" title="Net mortuary and cemetery sales">20,307,435</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-decoration: underline; text-align: left">Timing of Revenue Recognition</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Goods transferred at a point in time</td><td> </td> <td style="text-align: left">$</td><td id="xdx_987_ecustom--NetMortuaryAndCemeterySales_pp0p0_c20210101__20211231__us-gaap--IncomeStatementLocationAxis__custom--TimingOfRevenueRecognitionGoodsTransferredAtAPointInTimeMember_zel9MV40r4Aa" style="text-align: right" title="Net mortuary and cemetery sales">16,793,439</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td id="xdx_98A_ecustom--NetMortuaryAndCemeterySales_c20200101__20201231__us-gaap--IncomeStatementLocationAxis__custom--TimingOfRevenueRecognitionGoodsTransferredAtAPointInTimeMember_pp0p0" style="text-align: right" title="Net mortuary and cemetery sales">13,438,592</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 1pt">Services transferred at a point in time</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_984_ecustom--NetMortuaryAndCemeterySales_pp0p0_c20210101__20211231__us-gaap--IncomeStatementLocationAxis__custom--TimingOfRevenueRecognitionServicesTransferredAtAPointInTimeMember_ze97sf8jzD6b" style="border-bottom: Black 1pt solid; text-align: right" title="Net mortuary and cemetery sales">7,203,874</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_987_ecustom--NetMortuaryAndCemeterySales_c20200101__20201231__us-gaap--IncomeStatementLocationAxis__custom--TimingOfRevenueRecognitionServicesTransferredAtAPointInTimeMember_pp0p0" style="border-bottom: Black 1pt solid; text-align: right" title="Net mortuary and cemetery sales">6,868,843</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-bottom: 2.5pt"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_982_ecustom--NetMortuaryAndCemeterySales_pp0p0_c20210101__20211231_zUn2s2DjUbBa" style="border-bottom: Black 2.5pt double; text-align: right" title="Net mortuary and cemetery sales">23,997,313</td><td style="padding-bottom: 2.5pt; 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_ecustom--NetMortuaryAndCemeterySales_pp0p0_c20200101__20201231_zptACdjNVmI" style="border-bottom: Black 2.5pt double; text-align: right" title="Net mortuary and cemetery sales">20,307,435</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> 16220541 15212822 7776772 5094613 23997313 20307435 16793439 13438592 7203874 6868843 23997313 20307435 <p id="xdx_899_ecustom--ReconciliationOfRevenuesFromCemeteryAndMortuaryContractsToBusinessSegmentInformationTextBlock_zfSIM8QGuPta" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The following table disaggregates contract costs that are included in deferred policy and pre-need contract acquisition costs on the consolidated balances sheets.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span id="xdx_8BB_zyIickRj9Xvf" style="display: none">Reconciliation of Revenues from Cemetery and mortuary contracts to Business Segment Information</span><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <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: 1pt"> </td> <td colspan="2" id="xdx_498_20210101__20211231_zFuzphBbNaLe" style="border-bottom: Black 1pt solid; text-align: center">2021</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_49F_20200101__20201231_zta784NYXSmd" style="border-bottom: Black 1pt solid; text-align: center">2020</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">Years Ended December 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">2021</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">2020</td><td style="padding-bottom: 1pt"> </td></tr> <tr id="xdx_407_ecustom--PreneedMerchandiseAndService_maDPAPCzTKS_zWXfvBEJiwWi" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 60%; text-align: left">Pre-need merchandise and services</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 16%; text-align: right">3,688,579</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 16%; text-align: right">3,601,638</td><td style="width: 1%; text-align: left"> </td></tr> <tr id="xdx_40C_ecustom--AtneedSpecialtyMerchandises_maDPAPCzTKS_zLfQJNilUogc" style="vertical-align: bottom; background-color: White"> <td style="text-align: left">At-need specialty merchandise</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">29,688</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">5,302</td><td style="text-align: left"> </td></tr> <tr id="xdx_404_ecustom--PreneedLandSale_maDPAPCzTKS_zWYqdoKhTSNd" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 1pt">Pre-need land sales</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"><span style="-sec-ix-hidden: xdx2ixbrl4905"> </span></td><td style="border-bottom: Black 1pt solid; text-align: right">-</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"><span style="-sec-ix-hidden: xdx2ixbrl4906"> </span></td><td style="border-bottom: Black 1pt solid; text-align: right">-</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_408_ecustom--DeferredPlicyAndPreneedContractAcquisitionCosts_iT_mtDPAPCzTKS_zYc2pird8Sxi" style="vertical-align: bottom; background-color: White"> <td style="padding-bottom: 2.5pt"><span style="display: none; font-family: Times New Roman, Times, Serif; font-size: 10pt">Deferred policy and pre-need contract acquisition costs</span></td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">3,718,267</td><td style="padding-bottom: 2.5pt; 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">3,606,940</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> 3688579 3601638 29688 5302 3718267 3606940 <p id="xdx_808_eus-gaap--LesseeOperatingLeasesTextBlock_zFhw1Sfvabla" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">24) <span style="text-decoration: underline"><span id="xdx_827_zuZ9MFy9lto4">Leases</span></span></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">A lease is defined as a contract, or part of a contract, that conveys the right to control the use of identified property, plant, or equipment (an identified asset) for a period of time in exchange for consideration. The Company determines if a contract is a lease at the inception of the contract. At the commencement date of a lease, the Company measures the lease liability at the present value of the lease payments over the lease term, discounted using the discount rate for the lease. The Company uses the rate implicit in the lease, if available, otherwise the Company uses its incremental borrowing rate. Also, at the commencement date of a lease, the Company measures the cost of the related right-of-use asset which consists of the amount of the initial measurement of the lease liability, any lease payments made to the lessor at or before the commencement date, minus any lease incentives received and any initial direct costs incurred by the Company.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Information about the Nature of Leases and Subleases</b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Company leases office space and equipment from third-parties under various non-cancelable agreements. The Company has operating leases for office space for its segments in areas where it conducts business. The Company subleases some of this office space. The Company also has finance leases for certain equipment, such as copy machines and postage machines. The Company does not have any lease agreements with variable lease payments. The Company has not included any options to extend or terminate leases in the recognition of the right-of-use assets or lease liabilities because of the uncertainty that they will be exercised. No residual value guarantees have been provided to the Company. The Company does not have any restrictions or covenants imposed by leases.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Leases that have not Commenced</b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Company does not have any leases that have not commenced that create significant rights or obligations for the Company.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b> </b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Related Party Lease Transactions </b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Company does not have any related party lease transactions that require disclosure as of December 31, 2021.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b> </b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: center; margin-top: 0pt; margin-bottom: 0pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">SECURITY NATIONAL FINANCIAL CORPORATION</span></p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: center; margin-top: 0pt; margin-bottom: 0pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">AND SUBSIDIARIES</span></p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: center; margin-top: 0pt; margin-bottom: 0pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Notes to Consolidated Financial Statements</span></p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: center; margin-top: 0pt; margin-bottom: 0pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Years Ended December 31, 2021 and 2020</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">24) <span style="text-decoration: underline">Leases</span> (Continued)</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Short-term Leases</b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Company made an accounting policy election not to apply the recognition requirements of ASC 842 to short-term leases, which are leases that, at the commencement date, have a lease term of 12 months or less and do not include an option to purchase the underlying assets that the lessee is reasonably certain to exercise.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Significant Judgments and Assumptions</b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Company does not use any significant judgments or assumptions regarding the determination of whether a contract contains a lease; the allocation of the consideration in a contract between lease and nonlease components; or the determination of the discount rates for the leases. The following table presents the Company’s total lease cost recognized in earnings, amounts capitalized as right-of- use assets and cash flows from lease transactions.</span></p> <p id="xdx_894_ecustom--ScheduleOfLeaseCostRecognizedInEarningsTextBlock_zQBevhmEuL8" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span id="xdx_8BD_zhCGoBsXZrXg" style="display: none">Schedule of Lease Cost Recognized in Earnings</span><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <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: 1pt"> </td> <td colspan="2" id="xdx_49C_20210101__20211231_zrfRhdwknu6h" style="border-bottom: Black 1pt solid; text-align: center">2021</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_499_20200101__20201231_zPYTJx0ouzSc" style="border-bottom: Black 1pt solid; text-align: center">2020</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">Years Ended December 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">2021</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">2020</td><td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font-weight: bold; text-align: left">Lease 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 style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Finance lease 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_405_eus-gaap--FinanceLeaseRightOfUseAssetAmortization_i_pp0p0" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td id="xdx_F4A_zOdLsJdmVjRb" style="width: 68%; text-align: left; padding-left: 10pt">Amortization of right-of-use assets (1)</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 12%; text-align: right">41,925</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: 12%; text-align: right">58,576</td><td style="width: 1%; text-align: left"> </td></tr> <tr id="xdx_401_eus-gaap--FinanceLeaseInterestExpense_i_pp0p0" style="vertical-align: bottom; background-color: White"> <td id="xdx_F4D_z849TAIxk0Di" style="text-align: left; padding-left: 10pt">Interest on lease liabilities (2)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">4,713</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">7,341</td><td style="text-align: left"> </td></tr> <tr id="xdx_403_eus-gaap--OperatingLeaseCost_i_pp0p0" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td id="xdx_F4F_z4poaBMQwNyi" style="text-align: left">Operating lease cost (3)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">4,896,315</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">5,408,737</td><td style="text-align: left"> </td></tr> <tr id="xdx_404_eus-gaap--ShortTermLeaseCost_i_pp0p0" style="vertical-align: bottom; background-color: White"> <td id="xdx_F41_zUBxIrVn1l44" style="text-align: left">Short-term lease cost (3)(4)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">167,551</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">222,311</td><td style="text-align: left"> </td></tr> <tr id="xdx_400_eus-gaap--SubleaseIncome_iN_pp0p0_di_zvuWRt90KyJa" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td id="xdx_F4F_zCDU5QZUOftl" style="text-align: left; padding-bottom: 1pt">Sublease income (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">(275,038</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">(394,758</td><td style="padding-bottom: 1pt; text-align: left">)</td></tr> <tr id="xdx_40C_eus-gaap--LeaseCost_i_pp0p0" style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 2.5pt">Total lease cost</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">4,835,466</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">5,302,207</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="font-weight: bold; text-align: left">Other Information</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Cash paid for amounts included in the measurement of lease liabilities:</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr id="xdx_40B_ecustom--OperatingCashFlowsFromOperatingLeases_i_pp0p0" style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-left: 10pt">Operating cash flows from operating leases</td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">4,697,819</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">5,293,901</td><td style="text-align: left"> </td></tr> <tr id="xdx_405_ecustom--OperatingCashFlowsFromFinanceLeases_i_pp0p0" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-left: 10pt">Operating cash flows from finance leases</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">4,713</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">7,341</td><td style="text-align: left"> </td></tr> <tr id="xdx_408_ecustom--FinancingCashFlowsFromFinanceLeases_i_pp0p0" style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-left: 10pt">Financing cash flows from finance leases</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">42,184</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">56,982</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: left">Right-of-use assets obtained in exchange for lease 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></tr> <tr id="xdx_400_eus-gaap--RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability_i_pp0p0" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-left: 10pt">Operating leases</td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">5,216,048</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">5,631,193</td><td style="text-align: left"> </td></tr> <tr id="xdx_406_eus-gaap--RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability_i_pp0p0" style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-left: 10pt">Finance leases</td><td> </td> <td style="text-align: left"><span style="-sec-ix-hidden: xdx2ixbrl4945"> </span></td><td style="text-align: right">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">8,494</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: left">Weighted-average remaining lease term (in years)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="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-left: 10pt">Finance leases</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"><span id="xdx_90C_eus-gaap--FinanceLeaseWeightedAverageRemainingLeaseTerm1_iI_dtY_c20211231_zcI31aDQNM36" title="Finance lease, Weighted-average remaining lease term (in years)">2.07</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"><span id="xdx_908_eus-gaap--FinanceLeaseWeightedAverageRemainingLeaseTerm1_iI_dtY_c20201231_zf1tqAdkEQk6" title="Finance lease, Weighted-average remaining lease term (in years)">2.74</span></td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-left: 10pt">Operating leases</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"><span id="xdx_905_eus-gaap--OperatingLeaseWeightedAverageRemainingLeaseTerm1_iI_dtY_c20211231_zeCv32ma702l" title="Operating lease, Weighted-average remaining lease term (in years)">6.04</span></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--OperatingLeaseWeightedAverageRemainingLeaseTerm1_iI_dtY_c20201231_zqvissUKfavf" title="Operating lease, Weighted-average remaining lease term (in years)">5.40</span></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: left">Weighted-average discount rate</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="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-left: 10pt">Finance leases</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"><span id="xdx_909_eus-gaap--FinanceLeaseWeightedAverageDiscountRatePercent_iI_pid_dp_uPure_c20211231_zbAQtwg7osg" title="Finance lease, Weighted-average discount rate">5.74</span></td><td style="text-align: left">%</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"><span id="xdx_90F_eus-gaap--FinanceLeaseWeightedAverageDiscountRatePercent_iI_pid_dp_uPure_c20201231_zLCuYvHAD3ab" title="Finance lease, Weighted-average discount rate">5.59</span></td><td style="text-align: left">%</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-left: 10pt">Operating leases</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"><span id="xdx_90E_eus-gaap--OperatingLeaseWeightedAverageDiscountRatePercent_iI_pid_dp_uPure_c20211231_zazd8oHPTQ77" title="Operating lease, Weighted-average discount rate">4.14</span></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--OperatingLeaseWeightedAverageDiscountRatePercent_iI_pid_dp_uPure_c20201231_zpd0WxBRP3ai" title="Operating lease, Weighted-average discount rate">4.87</span></td><td style="text-align: left">%</td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"/></p> <div style="width: 15%"><div style="border-top: Black 1pt solid; font-size: 1pt"> </div></div> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"/></p> <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"><span id="xdx_F00_ztUIqZXhn1ij" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(1)</span></td><td style="width: 5pt"/><td style="text-align: justify"><span id="xdx_F1D_zST7HHOdBAK1" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Included in Depreciation on property and equipment on the consolidated statements of earnings</span></td> </tr></table> <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 id="xdx_F03_za6g6CKcQcvh" style="width: 15pt; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(2)</span></td><td style="width: 5pt"/><td id="xdx_F15_ztvVACt7WYRe" style="text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Included in Interest expense on the consolidated statements of earnings</span></td> </tr></table> <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 id="xdx_F0E_z6SGIO3zVKGi" style="width: 15pt; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(3)</span></td><td style="width: 5pt"/><td id="xdx_F17_zhUsyAHlMpCi" style="text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Included in Rent and rent related expenses on the consolidated statements of earnings</span></td> </tr></table> <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 id="xdx_F00_zTB4ak1fuAM8" style="width: 15pt; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(4)</span></td><td style="width: 5pt"/><td id="xdx_F12_zDBiXAFqvUV3" style="text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Includes leases with a term of 12 months or less</span></td> </tr></table> <p id="xdx_8A0_zPT4M8SUGGC5" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: center; margin-top: 0pt; margin-bottom: 0pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">SECURITY NATIONAL FINANCIAL CORPORATION</span></p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: center; margin-top: 0pt; margin-bottom: 0pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">AND SUBSIDIARIES</span></p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: center; margin-top: 0pt; margin-bottom: 0pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Notes to Consolidated Financial Statements</span></p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: center; margin-top: 0pt; margin-bottom: 0pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Years Ended December 31, 2021 and 2020</span></p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: center; margin-top: 0pt; margin-bottom: 0pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0pt; margin-bottom: 0pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">24) <span style="text-decoration: underline">Leases</span> (Continued)</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p id="xdx_89A_ecustom--FinanceLeasesAndOperatingLeaseLiabilityMaturityTableTextBlock_zr7wLwl791Rd" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The following table presents the maturity analysis of the Company’s lease liabilities.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span id="xdx_8B2_z4P9XpNGPk0a" style="display: none">Schedule of Future Minimum Rental Payments for Finance Leases and Operating Leases</span><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"/></p> <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" style="border-bottom: Black 1pt solid">Finance Leases</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid">Operating Leases</td><td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Lease payments due in:</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="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: 56%; text-align: justify">2022</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_98A_eus-gaap--FinanceLeaseLiabilityPaymentsDueNextTwelveMonths_iI_pp0p0_maFLG_c20211231_zD7vjbdA1B1k" style="width: 18%; text-align: right" title="Finance Leases 2021">34,458</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--LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths_iI_pp0p0_maOLG_c20211231_zsgdsDTHyHo1" style="width: 18%; text-align: right" title="Operating Leases 2021">4,109,174</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: justify">2023</td><td> </td> <td style="text-align: left"> </td><td id="xdx_980_eus-gaap--FinanceLeaseLiabilityPaymentsDueYearTwo_iI_pp0p0_maFLG_c20211231_zVHRuP5t2Me1" style="text-align: right" title="Finance Leases 2022">27,220</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_988_eus-gaap--LesseeOperatingLeaseLiabilityPaymentsDueYearTwo_iI_pp0p0_maOLG_c20211231_zEQZqx7ZPqUc" style="text-align: right" title="Operating Leases 2022">3,340,343</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: justify">2024</td><td> </td> <td style="text-align: left"> </td><td id="xdx_987_eus-gaap--FinanceLeaseLiabilityPaymentsDueYearThree_iI_pp0p0_maFLG_c20211231_zZQCx8izv5j2" style="text-align: right" title="Finance Leases 2023">4,354</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98F_eus-gaap--LesseeOperatingLeaseLiabilityPaymentsDueYearThree_iI_pp0p0_maOLG_c20211231_zJjHMh8wNGCl" style="text-align: right" title="Operating Leases 2023">2,707,152</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: justify">2025</td><td> </td> <td style="text-align: left"> </td><td id="xdx_984_eus-gaap--FinanceLeaseLiabilityPaymentsDueYearFour_iI_pp0p0_maFLG_c20211231_zWrb31QIkm65" style="text-align: right" title="Finance Leases 2024">692</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98F_eus-gaap--LesseeOperatingLeaseLiabilityPaymentsDueYearFour_iI_pp0p0_maOLG_c20211231_zwDlt34g9ar6" style="text-align: right" title="Operating Leases 2024">1,809,667</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: justify">2026</td><td> </td> <td style="text-align: left"> </td><td id="xdx_985_eus-gaap--FinanceLeaseLiabilityPaymentsDueYearFive_iI_pp0p0_maFLG_c20211231_ziRM7HLC16x1" style="text-align: right" title="Finance Leases 2025"><span style="-sec-ix-hidden: xdx2ixbrl4986">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98A_eus-gaap--LesseeOperatingLeaseLiabilityPaymentsDueYearFive_iI_pp0p0_maOLG_c20211231_z9EFCn8l21Ka" style="text-align: right" title="Operating Leases 2025">1,414,296</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-bottom: 1pt">Thereafter</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98E_eus-gaap--FinanceLeaseLiabilityPaymentsDueAfterYearFive_iI_pp0p0_maFLG_c20211231_z6aijNhHVgLc" style="border-bottom: Black 1pt solid; text-align: right" title="Finance Leases Thereafter"><span style="-sec-ix-hidden: xdx2ixbrl4990">-</span></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--LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive_iI_pp0p0_maOLG_c20211231_zDZVH19BR43a" style="border-bottom: Black 1pt solid; text-align: right" title="Operating Leases Thereafter">2,449,017</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 1pt">Total undiscounted lease payments</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98F_eus-gaap--FinanceLeaseLiabilityPaymentsDue_iTI_pp0p0_mtFLG_c20211231_zW1YvNBL7J5h" style="border-bottom: Black 1pt solid; text-align: right" title="Finance Leases Total undiscounted lease payments">66,724</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--LesseeOperatingLeaseLiabilityPaymentsDue_iTI_pp0p0_mtOLG_c20211231_zxzNof0a1dUc" style="border-bottom: Black 1pt solid; text-align: right" title="Operating Leases Total undiscounted lease payments">15,829,649</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; padding-bottom: 1pt">Less: Discount on cash flows</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_984_eus-gaap--FinanceLeaseLiabilityUndiscountedExcessAmount_iNI_pp0p0_di_msFLN_c20211231_zPIKDHDmSJpk" style="border-bottom: Black 1pt solid; text-align: right" title="Finance Leases Less: Discount on cash flows">(3,957</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--LesseeOperatingLeaseLiabilityUndiscountedExcessAmount_iNI_pp0p0_di_c20211231_zJJTZulQiC2k" style="border-bottom: Black 1pt solid; text-align: right" title="Operating Leases Less: Discount on cash flows">(2,889,958</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">Present value of lease liabilities</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--FinanceLeaseLiability_iI_pp0p0_c20211231_zFd0xUw9S9dd" style="border-bottom: Black 2.5pt double; text-align: right" title="Finance Leases Present value of lease liabilities">62,767</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_98A_eus-gaap--OperatingLeaseLiability_iI_pp0p0_c20211231_z24SCwoHHSFa" style="border-bottom: Black 2.5pt double; text-align: right" title="Operating Leases Present value of lease liabilities">12,939,691</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> <p id="xdx_8AC_zDc2zGBOxh16" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p id="xdx_897_ecustom--RightOfUseAssetsAndLeaseLiabilitiesTextblockTextBlock_z1UhS2wvLhxl" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The following table presents the Company’s right-of-use assets and lease liabilities.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span id="xdx_8B9_z41QKDVQbWPh" style="display: none">Schedule of Right-of-Use Assets and Lease Liabilities</span><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <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> </td><td style="padding-bottom: 1pt"> </td> <td colspan="6" style="border-bottom: Black 1pt solid; text-align: center">Year Ended December 31</td><td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: center">Balance Sheet Location</td><td style="padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">2021</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">2020</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: left">Operating Leases</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: White"> <td style="width: 35%; text-align: left">Right-of-use assets</td><td style="width: 2%"> </td> <td style="width: 33%; text-align: left">Other assets</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_98B_eus-gaap--OperatingLeaseRightOfUseAsset_iI_c20211231_zW8xm9XfMWwa" style="width: 11%; text-align: right" title="Operating Lease, Right-of-Use Asset">12,483,638</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_983_eus-gaap--OperatingLeaseRightOfUseAsset_iI_c20201231_zTYLPY7pRLNc" style="width: 11%; text-align: right" title="Operating Lease, Right-of-Use Asset">11,663,245</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td> </td><td> </td> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Lease liabilities</td><td> </td> <td style="text-align: left">Other liabilities and accrued expenses</td><td> </td> <td style="text-align: left">$</td><td id="xdx_98F_eus-gaap--OperatingLeaseLiability_iI_c20211231_z4LVVMqLipM7" style="text-align: right" title="Operating Lease Liabilities">12,939,691</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td id="xdx_989_eus-gaap--OperatingLeaseLiability_iI_c20201231_z7N19kVMK29c" style="text-align: right" title="Operating Lease Liabilities">11,921,884</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td> </td><td> </td> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-decoration: underline; text-align: left">Finance Leases</td><td> </td> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Right-of-use assets</td><td> </td> <td> </td><td> </td> <td style="text-align: left">$</td><td id="xdx_980_eus-gaap--FinanceLeaseRightOfUseAsset_iI_c20211231_zbWkDKB17zq7" style="text-align: right" title="Finance Lease, Right-of-Use Assets">235,867</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td id="xdx_98B_eus-gaap--FinanceLeaseRightOfUseAsset_iI_c20201231_zU7BmzNf0Db9" style="text-align: right" title="Finance Lease, Right-of-Use Assets">254,276</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 1pt">Accumulated amortization</td><td style="padding-bottom: 1pt"> </td> <td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_986_eus-gaap--FinanceLeaseRightOfUseAssetAccumulatedAmortization_iNI_di_c20211231_zaVqYpL8w6Z9" style="border-bottom: Black 1pt solid; text-align: right" title="Finance Lease, Right-of-Use Asset, Accumulated Amortization">(177,660</td><td style="padding-bottom: 1pt; text-align: left">)</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_983_eus-gaap--FinanceLeaseRightOfUseAssetAccumulatedAmortization_iNI_di_c20201231_z2Ad0VUCFPkh" style="border-bottom: Black 1pt solid; text-align: right" title="Finance Lease, Right-of-Use Asset, Accumulated Amortization">(154,144</td><td style="padding-bottom: 1pt; text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 2.5pt">Right-of-use assets, net</td><td style="padding-bottom: 2.5pt"> </td> <td style="text-align: left; padding-bottom: 2.5pt">Property and equipment, net</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_987_ecustom--FinanceLeaseRightOfUseAssetNet_iI_c20211231_zvlXRRWPxtMc" style="border-bottom: Black 2.5pt double; text-align: right" title="Finance Lease, Right-of-Use Assets, Net">58,207</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98D_ecustom--FinanceLeaseRightOfUseAssetNet_iI_c20201231_zym20I8oeJT" style="border-bottom: Black 2.5pt double; text-align: right" title="Finance Lease, Right-of-Use Assets, Net">100,132</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Lease liabilities</td><td> </td> <td style="text-align: left">Bank and other loans payable</td><td> </td> <td style="text-align: left">$</td><td id="xdx_989_eus-gaap--FinanceLeaseLiability_iI_c20211231_zZZefi8HjJld" style="text-align: right" title="Finance Lease Liabilities">62,767</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td id="xdx_983_eus-gaap--FinanceLeaseLiability_iI_c20201231_zdOHErYuvMw9" style="text-align: right" title="Finance Lease Liabilities">104,951</td><td style="text-align: left"> </td></tr> </table> <p id="xdx_8AE_zXnzSowezaQ8" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Company is also a lessor and has operating lease agreements with various tenants that lease its commercial and residential properties. See Note 2 for information about the Company’s real estate held for investment.</span></p> <p id="xdx_894_ecustom--ScheduleOfLeaseCostRecognizedInEarningsTextBlock_zQBevhmEuL8" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span id="xdx_8BD_zhCGoBsXZrXg" style="display: none">Schedule of Lease Cost Recognized in Earnings</span><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <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: 1pt"> </td> <td colspan="2" id="xdx_49C_20210101__20211231_zrfRhdwknu6h" style="border-bottom: Black 1pt solid; text-align: center">2021</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_499_20200101__20201231_zPYTJx0ouzSc" style="border-bottom: Black 1pt solid; text-align: center">2020</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">Years Ended December 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">2021</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">2020</td><td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font-weight: bold; text-align: left">Lease 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 style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Finance lease 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_405_eus-gaap--FinanceLeaseRightOfUseAssetAmortization_i_pp0p0" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td id="xdx_F4A_zOdLsJdmVjRb" style="width: 68%; text-align: left; padding-left: 10pt">Amortization of right-of-use assets (1)</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 12%; text-align: right">41,925</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: 12%; text-align: right">58,576</td><td style="width: 1%; text-align: left"> </td></tr> <tr id="xdx_401_eus-gaap--FinanceLeaseInterestExpense_i_pp0p0" style="vertical-align: bottom; background-color: White"> <td id="xdx_F4D_z849TAIxk0Di" style="text-align: left; padding-left: 10pt">Interest on lease liabilities (2)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">4,713</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">7,341</td><td style="text-align: left"> </td></tr> <tr id="xdx_403_eus-gaap--OperatingLeaseCost_i_pp0p0" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td id="xdx_F4F_z4poaBMQwNyi" style="text-align: left">Operating lease cost (3)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">4,896,315</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">5,408,737</td><td style="text-align: left"> </td></tr> <tr id="xdx_404_eus-gaap--ShortTermLeaseCost_i_pp0p0" style="vertical-align: bottom; background-color: White"> <td id="xdx_F41_zUBxIrVn1l44" style="text-align: left">Short-term lease cost (3)(4)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">167,551</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">222,311</td><td style="text-align: left"> </td></tr> <tr id="xdx_400_eus-gaap--SubleaseIncome_iN_pp0p0_di_zvuWRt90KyJa" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td id="xdx_F4F_zCDU5QZUOftl" style="text-align: left; padding-bottom: 1pt">Sublease income (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">(275,038</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">(394,758</td><td style="padding-bottom: 1pt; text-align: left">)</td></tr> <tr id="xdx_40C_eus-gaap--LeaseCost_i_pp0p0" style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 2.5pt">Total lease cost</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">4,835,466</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">5,302,207</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="font-weight: bold; text-align: left">Other Information</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Cash paid for amounts included in the measurement of lease liabilities:</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr id="xdx_40B_ecustom--OperatingCashFlowsFromOperatingLeases_i_pp0p0" style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-left: 10pt">Operating cash flows from operating leases</td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">4,697,819</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">5,293,901</td><td style="text-align: left"> </td></tr> <tr id="xdx_405_ecustom--OperatingCashFlowsFromFinanceLeases_i_pp0p0" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-left: 10pt">Operating cash flows from finance leases</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">4,713</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">7,341</td><td style="text-align: left"> </td></tr> <tr id="xdx_408_ecustom--FinancingCashFlowsFromFinanceLeases_i_pp0p0" style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-left: 10pt">Financing cash flows from finance leases</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">42,184</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">56,982</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: left">Right-of-use assets obtained in exchange for lease 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></tr> <tr id="xdx_400_eus-gaap--RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability_i_pp0p0" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-left: 10pt">Operating leases</td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">5,216,048</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">5,631,193</td><td style="text-align: left"> </td></tr> <tr id="xdx_406_eus-gaap--RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability_i_pp0p0" style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-left: 10pt">Finance leases</td><td> </td> <td style="text-align: left"><span style="-sec-ix-hidden: xdx2ixbrl4945"> </span></td><td style="text-align: right">-</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">8,494</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: left">Weighted-average remaining lease term (in years)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="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-left: 10pt">Finance leases</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"><span id="xdx_90C_eus-gaap--FinanceLeaseWeightedAverageRemainingLeaseTerm1_iI_dtY_c20211231_zcI31aDQNM36" title="Finance lease, Weighted-average remaining lease term (in years)">2.07</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"><span id="xdx_908_eus-gaap--FinanceLeaseWeightedAverageRemainingLeaseTerm1_iI_dtY_c20201231_zf1tqAdkEQk6" title="Finance lease, Weighted-average remaining lease term (in years)">2.74</span></td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-left: 10pt">Operating leases</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"><span id="xdx_905_eus-gaap--OperatingLeaseWeightedAverageRemainingLeaseTerm1_iI_dtY_c20211231_zeCv32ma702l" title="Operating lease, Weighted-average remaining lease term (in years)">6.04</span></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--OperatingLeaseWeightedAverageRemainingLeaseTerm1_iI_dtY_c20201231_zqvissUKfavf" title="Operating lease, Weighted-average remaining lease term (in years)">5.40</span></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: left">Weighted-average discount rate</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="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-left: 10pt">Finance leases</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"><span id="xdx_909_eus-gaap--FinanceLeaseWeightedAverageDiscountRatePercent_iI_pid_dp_uPure_c20211231_zbAQtwg7osg" title="Finance lease, Weighted-average discount rate">5.74</span></td><td style="text-align: left">%</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"><span id="xdx_90F_eus-gaap--FinanceLeaseWeightedAverageDiscountRatePercent_iI_pid_dp_uPure_c20201231_zLCuYvHAD3ab" title="Finance lease, Weighted-average discount rate">5.59</span></td><td style="text-align: left">%</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-left: 10pt">Operating leases</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"><span id="xdx_90E_eus-gaap--OperatingLeaseWeightedAverageDiscountRatePercent_iI_pid_dp_uPure_c20211231_zazd8oHPTQ77" title="Operating lease, Weighted-average discount rate">4.14</span></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--OperatingLeaseWeightedAverageDiscountRatePercent_iI_pid_dp_uPure_c20201231_zpd0WxBRP3ai" title="Operating lease, Weighted-average discount rate">4.87</span></td><td style="text-align: left">%</td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"/></p> <div style="width: 15%"><div style="border-top: Black 1pt solid; font-size: 1pt"> </div></div> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"/></p> <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"><span id="xdx_F00_ztUIqZXhn1ij" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(1)</span></td><td style="width: 5pt"/><td style="text-align: justify"><span id="xdx_F1D_zST7HHOdBAK1" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Included in Depreciation on property and equipment on the consolidated statements of earnings</span></td> </tr></table> <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 id="xdx_F03_za6g6CKcQcvh" style="width: 15pt; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(2)</span></td><td style="width: 5pt"/><td id="xdx_F15_ztvVACt7WYRe" style="text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Included in Interest expense on the consolidated statements of earnings</span></td> </tr></table> <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 id="xdx_F0E_z6SGIO3zVKGi" style="width: 15pt; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(3)</span></td><td style="width: 5pt"/><td id="xdx_F17_zhUsyAHlMpCi" style="text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Included in Rent and rent related expenses on the consolidated statements of earnings</span></td> </tr></table> <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 id="xdx_F00_zTB4ak1fuAM8" style="width: 15pt; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(4)</span></td><td style="width: 5pt"/><td id="xdx_F12_zDBiXAFqvUV3" style="text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Includes leases with a term of 12 months or less</span></td> </tr></table> 41925 58576 4713 7341 4896315 5408737 167551 222311 275038 394758 4835466 5302207 4697819 5293901 4713 7341 42184 56982 5216048 5631193 8494 P2Y25D P2Y8M26D P6Y14D P5Y4M24D 0.0574 0.0559 0.0414 0.0487 <p id="xdx_89A_ecustom--FinanceLeasesAndOperatingLeaseLiabilityMaturityTableTextBlock_zr7wLwl791Rd" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The following table presents the maturity analysis of the Company’s lease liabilities.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span id="xdx_8B2_z4P9XpNGPk0a" style="display: none">Schedule of Future Minimum Rental Payments for Finance Leases and Operating Leases</span><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"/></p> <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" style="border-bottom: Black 1pt solid">Finance Leases</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid">Operating Leases</td><td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Lease payments due in:</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="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: 56%; text-align: justify">2022</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_98A_eus-gaap--FinanceLeaseLiabilityPaymentsDueNextTwelveMonths_iI_pp0p0_maFLG_c20211231_zD7vjbdA1B1k" style="width: 18%; text-align: right" title="Finance Leases 2021">34,458</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--LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths_iI_pp0p0_maOLG_c20211231_zsgdsDTHyHo1" style="width: 18%; text-align: right" title="Operating Leases 2021">4,109,174</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: justify">2023</td><td> </td> <td style="text-align: left"> </td><td id="xdx_980_eus-gaap--FinanceLeaseLiabilityPaymentsDueYearTwo_iI_pp0p0_maFLG_c20211231_zVHRuP5t2Me1" style="text-align: right" title="Finance Leases 2022">27,220</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_988_eus-gaap--LesseeOperatingLeaseLiabilityPaymentsDueYearTwo_iI_pp0p0_maOLG_c20211231_zEQZqx7ZPqUc" style="text-align: right" title="Operating Leases 2022">3,340,343</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: justify">2024</td><td> </td> <td style="text-align: left"> </td><td id="xdx_987_eus-gaap--FinanceLeaseLiabilityPaymentsDueYearThree_iI_pp0p0_maFLG_c20211231_zZQCx8izv5j2" style="text-align: right" title="Finance Leases 2023">4,354</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98F_eus-gaap--LesseeOperatingLeaseLiabilityPaymentsDueYearThree_iI_pp0p0_maOLG_c20211231_zJjHMh8wNGCl" style="text-align: right" title="Operating Leases 2023">2,707,152</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: justify">2025</td><td> </td> <td style="text-align: left"> </td><td id="xdx_984_eus-gaap--FinanceLeaseLiabilityPaymentsDueYearFour_iI_pp0p0_maFLG_c20211231_zWrb31QIkm65" style="text-align: right" title="Finance Leases 2024">692</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98F_eus-gaap--LesseeOperatingLeaseLiabilityPaymentsDueYearFour_iI_pp0p0_maOLG_c20211231_zwDlt34g9ar6" style="text-align: right" title="Operating Leases 2024">1,809,667</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: justify">2026</td><td> </td> <td style="text-align: left"> </td><td id="xdx_985_eus-gaap--FinanceLeaseLiabilityPaymentsDueYearFive_iI_pp0p0_maFLG_c20211231_ziRM7HLC16x1" style="text-align: right" title="Finance Leases 2025"><span style="-sec-ix-hidden: xdx2ixbrl4986">-</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98A_eus-gaap--LesseeOperatingLeaseLiabilityPaymentsDueYearFive_iI_pp0p0_maOLG_c20211231_z9EFCn8l21Ka" style="text-align: right" title="Operating Leases 2025">1,414,296</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-bottom: 1pt">Thereafter</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98E_eus-gaap--FinanceLeaseLiabilityPaymentsDueAfterYearFive_iI_pp0p0_maFLG_c20211231_z6aijNhHVgLc" style="border-bottom: Black 1pt solid; text-align: right" title="Finance Leases Thereafter"><span style="-sec-ix-hidden: xdx2ixbrl4990">-</span></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--LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive_iI_pp0p0_maOLG_c20211231_zDZVH19BR43a" style="border-bottom: Black 1pt solid; text-align: right" title="Operating Leases Thereafter">2,449,017</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 1pt">Total undiscounted lease payments</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98F_eus-gaap--FinanceLeaseLiabilityPaymentsDue_iTI_pp0p0_mtFLG_c20211231_zW1YvNBL7J5h" style="border-bottom: Black 1pt solid; text-align: right" title="Finance Leases Total undiscounted lease payments">66,724</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--LesseeOperatingLeaseLiabilityPaymentsDue_iTI_pp0p0_mtOLG_c20211231_zxzNof0a1dUc" style="border-bottom: Black 1pt solid; text-align: right" title="Operating Leases Total undiscounted lease payments">15,829,649</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; padding-bottom: 1pt">Less: Discount on cash flows</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_984_eus-gaap--FinanceLeaseLiabilityUndiscountedExcessAmount_iNI_pp0p0_di_msFLN_c20211231_zPIKDHDmSJpk" style="border-bottom: Black 1pt solid; text-align: right" title="Finance Leases Less: Discount on cash flows">(3,957</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--LesseeOperatingLeaseLiabilityUndiscountedExcessAmount_iNI_pp0p0_di_c20211231_zJJTZulQiC2k" style="border-bottom: Black 1pt solid; text-align: right" title="Operating Leases Less: Discount on cash flows">(2,889,958</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">Present value of lease liabilities</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--FinanceLeaseLiability_iI_pp0p0_c20211231_zFd0xUw9S9dd" style="border-bottom: Black 2.5pt double; text-align: right" title="Finance Leases Present value of lease liabilities">62,767</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_98A_eus-gaap--OperatingLeaseLiability_iI_pp0p0_c20211231_z24SCwoHHSFa" style="border-bottom: Black 2.5pt double; text-align: right" title="Operating Leases Present value of lease liabilities">12,939,691</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> 34458 4109174 27220 3340343 4354 2707152 692 1809667 1414296 2449017 66724 15829649 3957 2889958 62767 12939691 <p id="xdx_897_ecustom--RightOfUseAssetsAndLeaseLiabilitiesTextblockTextBlock_z1UhS2wvLhxl" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The following table presents the Company’s right-of-use assets and lease liabilities.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span id="xdx_8B9_z41QKDVQbWPh" style="display: none">Schedule of Right-of-Use Assets and Lease Liabilities</span><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <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> </td><td style="padding-bottom: 1pt"> </td> <td colspan="6" style="border-bottom: Black 1pt solid; text-align: center">Year Ended December 31</td><td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: center">Balance Sheet Location</td><td style="padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">2021</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">2020</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: left">Operating Leases</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: White"> <td style="width: 35%; text-align: left">Right-of-use assets</td><td style="width: 2%"> </td> <td style="width: 33%; text-align: left">Other assets</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_98B_eus-gaap--OperatingLeaseRightOfUseAsset_iI_c20211231_zW8xm9XfMWwa" style="width: 11%; text-align: right" title="Operating Lease, Right-of-Use Asset">12,483,638</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_983_eus-gaap--OperatingLeaseRightOfUseAsset_iI_c20201231_zTYLPY7pRLNc" style="width: 11%; text-align: right" title="Operating Lease, Right-of-Use Asset">11,663,245</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td> </td><td> </td> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Lease liabilities</td><td> </td> <td style="text-align: left">Other liabilities and accrued expenses</td><td> </td> <td style="text-align: left">$</td><td id="xdx_98F_eus-gaap--OperatingLeaseLiability_iI_c20211231_z4LVVMqLipM7" style="text-align: right" title="Operating Lease Liabilities">12,939,691</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td id="xdx_989_eus-gaap--OperatingLeaseLiability_iI_c20201231_z7N19kVMK29c" style="text-align: right" title="Operating Lease Liabilities">11,921,884</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td> </td><td> </td> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-decoration: underline; text-align: left">Finance Leases</td><td> </td> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Right-of-use assets</td><td> </td> <td> </td><td> </td> <td style="text-align: left">$</td><td id="xdx_980_eus-gaap--FinanceLeaseRightOfUseAsset_iI_c20211231_zbWkDKB17zq7" style="text-align: right" title="Finance Lease, Right-of-Use Assets">235,867</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td id="xdx_98B_eus-gaap--FinanceLeaseRightOfUseAsset_iI_c20201231_zU7BmzNf0Db9" style="text-align: right" title="Finance Lease, Right-of-Use Assets">254,276</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 1pt">Accumulated amortization</td><td style="padding-bottom: 1pt"> </td> <td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_986_eus-gaap--FinanceLeaseRightOfUseAssetAccumulatedAmortization_iNI_di_c20211231_zaVqYpL8w6Z9" style="border-bottom: Black 1pt solid; text-align: right" title="Finance Lease, Right-of-Use Asset, Accumulated Amortization">(177,660</td><td style="padding-bottom: 1pt; text-align: left">)</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_983_eus-gaap--FinanceLeaseRightOfUseAssetAccumulatedAmortization_iNI_di_c20201231_z2Ad0VUCFPkh" style="border-bottom: Black 1pt solid; text-align: right" title="Finance Lease, Right-of-Use Asset, Accumulated Amortization">(154,144</td><td style="padding-bottom: 1pt; text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 2.5pt">Right-of-use assets, net</td><td style="padding-bottom: 2.5pt"> </td> <td style="text-align: left; padding-bottom: 2.5pt">Property and equipment, net</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_987_ecustom--FinanceLeaseRightOfUseAssetNet_iI_c20211231_zvlXRRWPxtMc" style="border-bottom: Black 2.5pt double; text-align: right" title="Finance Lease, Right-of-Use Assets, Net">58,207</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98D_ecustom--FinanceLeaseRightOfUseAssetNet_iI_c20201231_zym20I8oeJT" style="border-bottom: Black 2.5pt double; text-align: right" title="Finance Lease, Right-of-Use Assets, Net">100,132</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Lease liabilities</td><td> </td> <td style="text-align: left">Bank and other loans payable</td><td> </td> <td style="text-align: left">$</td><td id="xdx_989_eus-gaap--FinanceLeaseLiability_iI_c20211231_zZZefi8HjJld" style="text-align: right" title="Finance Lease Liabilities">62,767</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td id="xdx_983_eus-gaap--FinanceLeaseLiability_iI_c20201231_zdOHErYuvMw9" style="text-align: right" title="Finance Lease Liabilities">104,951</td><td style="text-align: left"> </td></tr> </table> 12483638 11663245 12939691 11921884 235867 254276 177660 154144 58207 100132 62767 104951 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. Includes $905,700 of Membership stock and $1,641,400 of Activity stock due to short-term advances and letters of credit. Includes $866,900 of Membership stock and $1,639,700 of Activity stock due to short-term advances and letters of credit. Includes Center53 phase 1 and phase 2 Approximately 93 acres of undeveloped land, in 2021, the existing building was removed Including subdivision land developments Improved residential lots Included in property and equipment on the consolidated balance sheets Interest income is not recognized on loans past due greater than 90 days or in foreclosure. See Note 20 regarding the acquisition of Rivera Funerals, Cremations and Memorial Gardens Kilpatrick Life See Note 20 regarding the acquisition of Rivera Funerals, Cremations and Memorial Gardens and Holbrook Mortuary Revolving Line of Credit Including cash and cash equivalents of $7,869,295 and $852,499 as of December 31, 2021 and 2020, respectively, for the life insurance and mortgage segments. Stock dividend The Company used a stock price of $9.20 as of December 31, 2021 to derive intrinsic value. Fixed maturity securities available for sale Equity securities Included in other assets on the consolidated balance sheets Included in other liabilities and accrued expenses on the consolidated balance sheets Fixed maturity securities available for sale Equity securities Included in other assets on the consolidated balance sheets Included in other liabilities and accrued expenses on the consolidated balance sheets As a component of mortgage fee income on the consolidated statements of earnings As a component of net investment income on the consolidated statements of earnings As a component of mortgage fee income on the consolidated statements of earnings As a component of net investment income on the consolidated statements of earnings Included in other investments and policy loans on the consolidated balance sheets Mortgage loans held for investment Included in future policy benefits and unpaid claims on the consolidated balance sheets Included in other investments and policy loans on the consolidated balance sheets Mortgage loans held for investment Included in future policy benefits and unpaid claims on the consolidated balance sheets Fixed maturity securities available for sale Fixed maturity securities available for sale Includes $39,000 of cash and $579,006 of fixed maturity securities, available for sale, at estimated fair value which is a Level 2 asset in the fair value hierarchy At estimated fair value which is a Level 3 asset in the fair value hierarchy Including $2,310,000 of intangible assets At estimated fair value which is a Level 3 asset in the fair value hierarchy Included in other expenses on the consolidated statements of earnings Included in Receivables, net on the consolidated balance sheets Included in Interest expense on the consolidated statements of earnings Included in Rent and rent related expenses on the consolidated statements of earnings Includes leases with a term of 12 months or less