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CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (USD $)
3 Months Ended
Oct. 31, 2014
Oct. 31, 2013
CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME    
Net income $ 438,672 $ 436,024
Unrealized gain (loss) on available-for-sale securities:    
Unrealized holding gains arising during the period, net of taxes of $33,000 and $9,000 for the three months ended October 31, 2014 and 2013, respectively 42,162 11,269
Reclassification adjustment for net gains included in net income, net of taxes of $0 and ($69,000) for the three months ended October 31, 2014 and 2013, respectively (Note 12)    (86,187)
Unrealized gains (losses) on available-for-sale securities, net of taxes 42,162 (74,918)
Comprehensive income $ 480,834 $ 361,106