Investment Securities (Tables)

9 Months Ended

Mar. 31, 2020

Investments, Debt and Equity Securities [Abstract]

Schedule of Available-for-Sale Securities

The cost, gross unrealized gains, gross unrealized losses and fair value of available-for-sale securities by major security type at March 31, 2020 and June 30, 2019 are as follows:

			Gross		Gross
	Amortized		Unrealized		Unrealized			Fair
	Cost		Gains		Losses			Value
March 31, 2020
Certificates of deposit	$	5,156,847	$	—	$	—		$	5,156,847
Municipal bonds		563,792		3,021		(446	)		566,367
Total investment securities	$	5,720,639	$	3,021	$	(446	)	$	5,723,214
June 30, 2019
Certificates of deposit	$	5,046,627	$	—	$	—		$	5,046,627
Municipal bonds		636,269		1,576		(232	)		637,613
Total investment securities	$	5,682,896	$	1,576	$	(232	)	$	5,684,240

Schedule of Contractual Maturities

As of March 31, 2020 and June 30, 2019, the remaining contractual maturities of available-for-sale securities were as follows:

	Years to Maturity
	Less than		One to
	One Year		Five Years		Total
March 31, 2020
Available-for-sale	$	5,650,469	$	72,745	$	5,723,214
June 30, 2019
Available-for-sale	$	5,549,460	$	134,780	$	5,684,240