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CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($)
3 Months Ended 9 Months Ended
Apr. 30, 2016
Apr. 30, 2015
Apr. 30, 2016
Apr. 30, 2015
CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME [Abstract]        
Net income $ 451,391 $ 421,962 $ 1,075,492 $ 1,189,547
Unrealized gain (loss) on available-for-sale securities:        
Unrealized holding gains (losses) arising during the period, net of taxes (benefit) of $23,000 and ($14,000) for the three months ended April 30, 2016 and 2015, respectively, and ($5,000) and $37,000 for the nine months ended April 30, 2016 and 2015, respectively. 43,213 17,369 (10,241) 46,708
Comprehensive income $ 494,604 $ 439,331 $ 1,065,251 $ 1,236,255