Investment Securities (Tables)

3 Months Ended

Sep. 30, 2019

Investments, Debt and Equity Securities [Abstract]

Schedule of Available-for-Sale Securities

The cost, gross unrealized gains, gross unrealized losses and fair value of available-for-sale securities by major security type at September 30, 2019 and June 30, 2019 are as follows:

			Gross		Gross
	Amortized		Unrealized		Unrealized			Fair
	Cost		Gains		Losses			Value
September 30, 2019
Certificates of deposit	$	5,081,627	$	—	$	—		$	5,081,627
Municipal bonds		488,523		1,631		(37	)		490,117
Total investment securities	$	5,570,150	$	1,631	$	(37	)	$	5,571,744
June 30, 2019
Certificates of deposit	$	5,046,627	$	—	$	—		$	5,046,627
Municipal bonds		636,269		1,576		(232	)		637,613
Total investment securities	$	5,682,896	$	1,576	$	(232	)	$	5,684,240

Schedule of Contractual Maturities

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

	Years to Maturity
	Less than		One to
	One Year		Five Years		Total
September 30, 2019
Available-for-sale	$	5,487,993	$	83,751	$	5,571,744
June 30, 2019
Available-for-sale	$	5,549,460	$	134,780	$	5,684,240