Investment Securities (Tables)

12 Months Ended

Jun. 30, 2019

Investments, Debt and Equity Securities [Abstract]

Schedule of cost, gross unrealized gains, gross unrealized losses and fair value of available-for-sale securities

			Gross		Gross
	Amortized		Unrealized		Unrealized			Fair
	Cost		Gains		Losses			Value
2019
Certificates of deposit	$	5,046,627	$	—	$	—		$	5,046,627
Municipal bonds		636,269		1,576		(232	)		637,613
2019 Total investment securities	$	5,682,896	$	1,576	$	(232	)	$	5,684,240
2018
Certificates of deposit	$	10,440,000	$	—	$	—		$	10,440,000
Municipal bonds		1,085,754		635		(5,683	)		1,080,706
2018 Total investment securities	$	11,525,754	$	635	$	(5,683	)	$	11,520,706

Schedule of contractual maturities of available-for-sale securities

As of June 30, 2019 and 2018, the remaining contractual maturities of available-for-sale securities were as follows:

	Years to Maturity
	Less than		One to
	One Year		Five Years		Total
2019
Available-for-sale	$	5,549,460	$	134,780	$	5,684,240
2018
Available-for-sale	$	10,967,300	$	553,406	$	11,520,706