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Other Investments
3 Months Ended
Sep. 30, 2020
Investments, All Other Investments [Abstract]  
Other Investments Other Investments
Other investments, at cost consist of the following at the dates indicated:
September 30, 2020June 30, 2020
FHLB of Atlanta stock$23,309 $23,309 
FRB stock7,371 7,368 
SBIC investments8,269 8,269 
Total$38,949 $38,946 
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.