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Consolidated Statements of Comprehensive Income - USD ($)
12 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Consolidated Statements of Comprehensive Income    
Net Income $ 1,334,763 $ 1,373,059
Unrealized losses on available for sale debt securities    
Unrealized holding loss arising during the period (682,767) (100,981)
Tax effect 186,050 26,851
Net amount (496,717) (74,130)
Reclassification adjustment for gains included in net income (b) [1] (14,000)  
Tax effect 3,815  
Net amount (10,185)  
Amortization of unrealized losses on debt securities transferred from available for sale to held to maturity (a) [2] 17,206 128,072
Other comprehensive (loss) income (489,696) 53,942
Comprehensive Income $ 845,067 $ 1,427,001
[1] The reclassification adjustment is reflected in the Consolidated Statement of Income as Net Gains on Securities
[2] The reclassification adjustment is reflected in the Consolidated Statement of Income as Interest Income - Debt Securities.