XML 18 R5.htm IDEA: XBRL DOCUMENT v3.24.3
Consolidated Statements of Comprehensive Income (Loss) - USD ($)
12 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Consolidated Statements of Comprehensive Income (Loss)    
Net Income (Loss) $ (186,994) $ 1,672,070
Unrealized gains (losses) on available for sale debt securities    
Unrealized holding gains (losses) arising during the period 47,619 (556,318)
Tax effect (10,008) 152,142
Net amount 37,611 (404,176)
Reclassification adjustment for gains included in net income (loss) (b) [1]   (24,000)
Tax effect   6,538
Net amount   (17,462)
Reclassification adjustment for amortization of stranded tax effect from change in tax legislation (c) (10,472)  
Amortization of unrealized losses on debt securities transferred from available for sale to held to maturity (a) [2] 4,930 5,810
Other comprehensive income (loss) 32,069 (415,828)
Comprehensive Income (Loss) $ (154,925) $ 1,256,242
[1] The reclassification adjustment is reflected in the Consolidated Statement of Income (Loss) as Net Gain on Securities Transactions.
[2] The reclassification adjustment is reflected in the Consolidated Statement of Income (Loss) as Interest Income - Debt Securities.