Available for Sale Securities (Tables)

12 Months Ended

Jun. 30, 2021

Available for Sale Securities

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

	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

	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

	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

	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	$	985,832	$	992,813
Due after one year through 5 years		12,923,027		13,134,220
Due after 5 years through 10 years		7,771,776		7,926,891
Due after 10 years		9,471,344		9,539,860
Subtotal		31,151,979		31,593,784
Mortgage backed securities
Due after one year through 5 years		—		—
Due after 5 years through 10 years		1,229,820		1,274,916
Total	$	32,381,799	$	32,868,700