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Accumulated Other Comprehensive Income (Details) - USD ($)
3 Months Ended 9 Months Ended
Apr. 30, 2016
Apr. 30, 2015
Apr. 30, 2016
Apr. 30, 2015
Accumulated Other Comprehensive Income: [Abstract]        
Beginning balance, net of tax effect $ 142,579 $ 158,751 $ 196,033 $ 129,412
Other comprehensive income, net of tax effect:        
Unrealized gains (loss) on available-for-sale securities 66,213 31,369 (15,241) 83,708
Tax effect (23,000) (14,000) 5,000 (37,000)
Unrealized gains (loss) on available-for-sale securities, net of tax effect 43,213 17,369 (10,241) 46,708
Amounts reclassified from accumulated other comprehensive income, net of tax effect:        
Ending balance, net of tax effect $ 185,792 $ 176,120 $ 185,792 $ 176,120