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Other Investments
 9 Months Ended
Mar. 31, 2022
Investments, All Other Investments [Abstract]  
Other Investments Other Investments
Other investments, at cost, consist of the following at the dates indicated:
March 31, 2022June 30, 2021
FHLB of Atlanta stock$3,038 $6,153 
FRB stock7,413 7,386 
SBIC investments12,589 10,171 
Total$23,040 $23,710 
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, or cost, 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 and are recorded at cost.