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CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (USD $)
3 Months Ended
Oct. 31, 2013
Oct. 31, 2012
Net income $ 436,024 $ 500,774
Unrealized gain on available-for-sale securities:    
Unrealized holding gains arising during the period, net of taxes of $9,000 for each period 11,269 13,396
Reclassification adjustment for net gains included in net income, net of taxes of ($69,000) for the three months ended October 31, 2013 (86,187)   
Unrealized gains (losses) on available-for-sale securities, net of taxes (74,918) 13,396
Comprehensive income $ 361,106 $ 514,170