Available for Sale Securities (Tables)

6 Months Ended

Dec. 31, 2021

Available for Sale Securities

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

	December 31, 2021
			Gross		Gross
	Amortized		Unrealized		Unrealized
	Cost		Gains		Losses		Fair Value
Obligations of states and political subdivisions	$	30,211,914	$	397,812	$	152,428	$	30,457,298
U.S. government agency obligations		5,642,521		—		66,622		5,575,899
Mortgage-backed securities		1,157,784		22,997		—		1,180,781
Municipal leases		1,000,172		3,714		5,296		998,590
Certificates of deposit		800,000		20,658		—		820,658
	$	38,812,391	$	445,181	$	224,346	$	39,033,226

	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

	December 31, 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	$	8,747,258	$	126,282	$	653,854	$	26,146	$	9,401,112	$	152,428
U.S. government agency obligations		5,575,899		66,622		—		—		5,575,899		66,622
Municipal leases		353,359		5,296		—		—		353,359		5,296
	$	14,676,516	$	198,200	$	653,854	$	26,146	$	15,330,370	$	224,346

	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	$	1,875,278	$	1,888,794
Due after one year through 5 years		12,123,723		12,237,278
Due after 5 years through 10 years		7,873,353		7,925,832
Due after 10 years		15,782,253		15,800,541
Subtotal		37,654,607		37,852,445
Mortgage backed securities
Due after one year through 5 years		1,157,784		1,180,781
Due after 5 years through 10 years		—		—
Total	$	38,812,391	$	39,033,226