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Note 3: Securities: Credit Losses Recognized on Investments Policy (Policies) | 6 Months Ended
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Dec. 31, 2019
Policies |
Credit Losses Recognized on Investments Policy | Credit losses recognized on investments. During fiscal 2009, the Company adopted ASC 820, formerly FASB Staff Position 157-4, “Determining Fair Value When the Volume and Level of Activity for the Asset or Liability Have Significantly Decreased and Identifying Transactions That Are Not Orderly.” There were no credit losses recognized in income and other losses or recorded in other comprehensive income for the three- and six- month periods ended December 31, 2019 and 2018.

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