Available for Sale Securities (Tables)

3 Months Ended

Sep. 30, 2021

Available for Sale Securities

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

	September 30, 2021
			Gross		Gross
	Amortized		Unrealized		Unrealized
	Cost		Gains		Losses		Fair Value
Obligations of states and political subdivisions	$	25,264,967	$	446,448	$	133,180	$	25,578,235
U.S. government agency obligations		5,642,505		—		17,723		5,624,782
Mortgage-backed securities		1,193,917		34,998		—		1,228,915
Municipal leases		1,001,206		974		2,204		999,976
Certificates of deposit		800,000		26,783		—		826,783
	$	33,902,595	$	509,203	$	153,107	$	34,258,691

	June 30, 2021
			Gross		Gross
	Amortized		Unrealized		Unrealized
	Cost		Gains		Losses		Fair Value
Obligations of states and political subdivisions	$	23,350,108	$	508,588	$	82,697	$	23,775,999
U.S. government agency obligations		5,999,632		15		17,669		5,981,978
Mortgage-backed securities		1,229,820		45,096		—		1,274,916
Municipal leases		1,002,239		2,185		1,435		1,002,989
Certificates of deposit		800,000		32,818		—		832,818
	$	32,381,799	$	588,702	$	101,801	$	32,868,700

Schedule of available for sale securities portfolio

	September 30, 2021
	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	$	7,022,805	$	107,260	$	654,080	$	25,920	$	7,676,885	$	133,180
U.S. government agency obligations		5,624,782		17,723		—		—		5,624,782		17,723
Municipal leases		586,158		2,204		—		—		586,158		2,204
	$	13,233,745	$	127,187	$	654,080	$	25,920	$	13,887,825	$	153,107

	June 30, 2021
	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	$	4,487,481	$	82,697	$	—	$	—	$	4,487,481	$	82,697
U.S. government agency obligations		5,481,963		17,669		—		—		5,481,963		17,669
Municipal leases		588,000		1,435		—		—		588,000		1,435
	$	10,557,444	$	101,801	$	—	$	—	$	10,557,444	$	101,801

Schedule of available for sale securities maturity categories

	Amortized
	Cost		Fair Value
Due in one year or less	$	1,230,555	$	1,239,941
Due after one year through 5 years		12,670,932		12,854,734
Due after 5 years through 10 years		7,678,950		7,812,016
Due after 10 years		11,128,241		11,123,085
Subtotal		32,708,678		33,029,776
Mortgage backed securities
Due after one year through 5 years		1,193,917		1,228,915
Due after 5 years through 10 years		—		—
Total	$	33,902,595	$	34,258,691