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Accumulated Other Comprehensive Income (Details) - USD ($)
3 Months Ended
Oct. 31, 2016
Oct. 31, 2015
Accumulated Other Comprehensive Income [Abstract]    
Beginning balance, net of tax effect $ 264,541 $ 196,033
Other comprehensive income, net of tax effect:    
Unrealized (loss) on available-for-sale securities (65,636) (30,404)
Tax effect 22,500 11,000
Unrealized (loss) on available-for-sale securities, net of tax effect (43,136) (19,404)
Amounts reclassified from accumulated other comprehensive income, net of tax effect:    
Unrealized (losses) on available-for-sale securities reclassified (1,354)
Tax effect 500
Amount reclassified, net of tax effect (854)
Ending balance, net of tax effect $ 220,551 $ 176,629