Fair Value of Financial Instruments (Details 2) - USD ($)	Dec. 31, 2018	Jun. 30, 2018	Dec. 31, 2017	Jun. 30, 2017
FINANCIAL ASSETS
Cash and cash equivalents	$ 5,461,492	$ 6,134,146	$ 5,990,325	$ 6,550,622
Interest bearing deposits in banks	208,583	157,459
Available for sale securities	21,320,137	20,906,087
Loans	263,063,705	263,998,800	$ 251,760,096
Loans held for sale	2,754,829	6,416,385
Federal Home Loan Bank stock	2,344,500	2,070,000
Accrued interest receivable	2,574,166	1,531,606
FINANCIAL LIABILITIES
Deposits	237,804,521	244,463,480
Federal Home Loan Bank borrowings	52,100,000	46,000,000
Accrued interest payable	5,635,270	5,180,996
Carrying Value
FINANCIAL ASSETS
Cash and cash equivalents	5,461,492	6,134,146
Interest bearing deposits in banks	208,583	157,459
Available for sale securities	21,320,137	20,906,087
Loans	263,063,705	263,998,800
Loans held for sale	2,754,829	6,416,385
Federal Home Loan Bank stock	2,344,500	2,070,000
Accrued interest receivable	980,269	879,292
FINANCIAL LIABILITIES
Deposits	237,804,521	244,463,480
Federal Home Loan Bank borrowings	52,100,000	46,000,000
Accrued interest payable	108,236	93,053
Fair Value
FINANCIAL ASSETS
Cash and cash equivalents	5,461,492	6,134,146
Interest bearing deposits in banks	208,583	157,459
Available for sale securities	21,320,137	20,906,087
Loans	255,742,705	256,952,400
Loans held for sale	2,754,829	6,416,385
Federal Home Loan Bank stock	2,344,500	2,070,000
Accrued interest receivable	980,269	879,292
FINANCIAL LIABILITIES
Deposits	212,772,521	220,870,600
Federal Home Loan Bank borrowings	52,100,000	46,000,000
Accrued interest payable	$ 108,236	$ 93,053

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Amount of investment in debt security measured at fair value with change in fair value recognized in other comprehensive income (available-for-sale).

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Amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Excludes cash and cash equivalents within disposal group and discontinued operation.

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Federal Home Loan Bank (FHLB) stock represents an equity interest in a FHLB. It does not have a readily determinable fair value because its ownership is restricted and it lacks a market (liquidity).

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Amount after allowance and deduction of deferred interest and fees, unamortized costs and premiums and discounts from face amounts, of loans and leases held in portfolio, including but not limited to, commercial and consumer loans. Excludes loans and leases covered under loss sharing agreements and loans held for sale.

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