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Other Investments
 12 Months Ended
Jun. 30, 2020
Investments, All Other Investments [Abstract]  
Other Investments
Other Investments
Other investments, at cost consist of the following at the dates indicated:
 
June 30, 2020
 
June 30, 2019
FHLB of Atlanta stock
$
23,309

 
$
31,969

FRB stock
7,368

 
7,335

SBIC investments
8,269

 
6,074

Total
$
38,946

 
$
45,378


As a requirement for membership, the Bank invests in the stock of both the FHLB of Atlanta and the FRB. No ready market exists for these securities so carrying value approximates their fair value based on the redemption provisions of the FHLB of Atlanta and the FRB, respectively. SBIC investments are equity securities without a readily determinable fair value.