Available for Sale Securities (Tables)

3 Months Ended

Sep. 30, 2020

Available for Sale Securities

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

	September 30, 2020
			Gross		Gross
	Amortized		Unrealized		Unrealized
	Cost		Gains		Losses		Fair Value
Obligations of states and political subdivisions	$	17,526,101	$	594,711	$	11,780	$	18,109,032
Mortgage-backed securities		1,336,472		68,347		—		1,404,819
Certificates of deposit		800,000		47,008		—		847,008
	$	19,662,573	$	710,066	$	11,780	$	20,360,859

	June 30, 2020
			Gross		Gross
	Amortized		Unrealized		Unrealized
	Cost		Gains		Losses		Fair Value
Obligations of states and political subdivisions	$	17,563,698	$	457,440	$	16,056	$	18,005,082
Mortgage-backed securities		1,371,753		71,890		—		1,443,643
Certificates of deposit		800,000		48,870		—		848,870
	$	19,735,451	$	578,200	$	16,056	$	20,297,595

Schedule of available for sale securities portfolio

	September 30, 2020
	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	$	—	$	—	$	697,342	$	11,780	$	697,342	$	11,780

	June 30, 2020
	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	$	—	$	—	$	693,687	$	16,056	$	693,687	$	16,056

Schedule of available for sale securities maturity categories

	Amortized
	Cost		Fair Value
Due in one year or less	$	868,837	$	872,970
Due after one year through 5 years		10,372,312		10,620,928
Due after 5 years through 10 years		5,034,952		5,303,127
Due after 10 years		2,050,000		2,159,015
Subtotal		18,326,101		18,956,040
Mortgage backed securities
Due after one year through 5 years		—		—
Due after 5 years through 10 years		1,336,472		1,404,819
Total	$	19,662,573	$	20,360,859