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Other Real Estate Owned, Net (Tables)
12 Months Ended
Jun. 30, 2019
Other Real Estate Owned, Net  
Summary of other real estate owned properties

 

 

 

 

 

 

 

 

    

June 30, 2019

    

June 30, 2018

Beginning balance

 

$

3,957,133

 

$

4,370,981

Charge offs

 

 

(48,110)

 

 

(380,130)

Capital expenditures

 

 

109,181

 

 

62,160

Transfer from loans

 

 

418,849

 

 

349,982

Sale proceeds

 

 

(333,387)

 

 

(591,299)

Net gain (loss) on sale of other real estate owned

 

 

(23,265)

 

 

145,439

Other real estate owned, net

 

$

4,080,401

 

$

3,957,133