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Other Real Estate Owned, Net (Tables)
12 Months Ended
Jun. 30, 2021
Other Real Estate Owned, Net  
Summary of other real estate owned properties

 

 

 

 

 

 

 

 

    

June 30, 2021

    

June 30, 2020

Beginning balance

 

$

2,288,255

 

$

4,080,401

Charge offs

 

 

(152,765)

 

 

(989,205)

Capital expenditures

 

 

 —

 

 

36,852

Transfer from loans

 

 

31,619

 

 

200,856

Sale proceeds

 

 

(2,032,585)

 

 

(1,158,306)

Net gain on sale of other real estate owned

 

 

33,066

 

 

117,657

Other real estate owned, net

 

$

167,590

 

$

2,288,255