Operating metrics disclosed this quarter
Read from the filing itself — XBRL does not carry these, so no standard financial dataset has them.
Life Insurance Lapse Rate
7.2%
Lapse rates measure the amount of insurance terminated during a particular period. The Company’s lapse rate for life insurance in 2025 was 7.2% as compared to a lapse rate of 7.0% for 2024. The 2026 lapse rate to date has been approximately the same as 2025.
Cemetery Location Count
7
The Company also sells cemetery services, products and land (burial plots) through its five cemeteries in Utah, one cemetery in San Diego County, California, and one cemetery in Santa Fe, New Mexico.
Funeral Home Location Count
15
The Company sells funeral home services and products through its eleven funeral homes in Utah and four funeral homes in New Mexico.
Construction and Land Development Loan Commitments
$191.5M
The Company has commitments to fund existing construction and land development loans pursuant to the various loan agreements. As of June 30, 2026, the Company’s commitments were approximately $191,479,678 for these loans, of which $144,527,863 had been funded.
Mortgage Loan Commitment Pipeline Notional
$152.2M
The following table shows the fair value and notional amounts of derivative instruments. June 30, 2026: Loan commitments; Balance Sheet Location: Other assets and Other liabilities; Notional Amount $152,197,366; Asset Fair Value $2,588,911; Liability Fair Value $89,307.
Mortgage Loans Originated
3.0K
For the three and six month periods ended June 30, 2026, and 2025, SecurityNational Mortgage originated 3,011 loans ($1,036,088,000 total loan volume principal amount) and 3,375 loans ($1,134,783,000 total loan volume principal amount), respectively.
Mortgage Origination Volume
$1.04B
For the three and six month periods ended June 30, 2026, and 2025, SecurityNational Mortgage originated 3,011 loans ($1,036,088,000 total loan volume principal amount) and 3,375 loans ($1,134,783,000 total loan volume principal amount), respectively.
Mortgage Servicing Portfolio Unpaid Principal Balance
$357.6M
The following is a summary of the unpaid principal balances (“UPB”) of the servicing portfolio. Summary of Unpaid Principal Balances of the Servicing Portfolio: As of June 30, 2026, Servicing UPB $357,613,906.
Mortgage Servicing Rights Retention Rate
1.6%
Mortgage loans are generally sold with mortgage servicing rights (“MSRs”) released to third-party investors or retained by SecurityNational Mortgage. SecurityNational Mortgage currently retains the mortgage servicing rights on approximately 1.59% of its loan origination volume.