Available for Sale Securities (Tables)

6 Months Ended

Dec. 31, 2019

Available for Sale Securities

Schedule of amortized costs and fair values of available for sale securities

	December 31, 2019
			Gross		Gross
	Amortized		Unrealized		Unrealized
	Cost		Gains		Losses		Fair Value
Obligations of states and political subdivisions	$	19,825,512	$	234,343	$	65,166	$	19,994,689
Mortgage-backed securities		1,441,070		46,645		—		1,487,715
Certificates of deposit		800,000		17,505		—		817,505
	$	22,066,582	$	298,493	$	65,166	$	22,299,909

	June 30, 2019
			Gross		Gross
	Amortized		Unrealized		Unrealized
	Cost		Gains		Losses		Fair Value
Obligations of states and political subdivisions	$	18,719,370	$	217,627	$	58,614	$	18,878,383
Mortgage-backed securities		1,065,193		40,945		—		1,106,138
Certificates of deposit		555,000		2,597		—		557,597
	$	20,339,563	$	261,169	$	58,614	$	20,542,118

Schedule of available for sale securities portfolio

	December 31, 2019
	Continuous Unrealized				Continuous Unrealized
	Losses Existing for Less				Losses Existing for 12 Months
	Than 12 Months				or Greater				Total
			Unrealized				Unrealized				Unrealized
	Fair Value		Losses		Fair Value		Losses		Fair Value		Losses
Obligations of states and political subdivisions	$	1,573,342	$	23,737	$	1,095,636	$	41,429	$	2,668,978	$	65,166

	June 30, 2019
	Continuous Unrealized				Continuous Unrealized
	Losses Existing for Less				Losses Existing for 12 Months
	Than 12 Months				or Greater				Total
			Unrealized				Unrealized				Unrealized
	Fair Value		Losses		Fair Value		Losses		Fair Value		Losses
Obligations of states and political subdivisions	$	208,583	$	22	$	2,935,133	$	58,592	$	3,143,716	$	58,614

Schedule of available for sale securities maturity categories

	Amortized
	Cost		Fair Value
Due in one year or less	$	2,053,760	$	2,057,417
Due after one year through 5 years		10,818,717		10,929,129
Due after 5 years through 10 years		6,083,035		6,147,269
Due after 10 years		1,670,000		1,678,379
Subtotal		20,625,512		20,812,194
Mortgage backed securities
Due after one year through 5 years		1,015,619		1,058,723
Due after 5 years through 10 years		425,451		428,992
Total	$	22,066,582	$	22,299,909