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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Cash flows from operating activities:    
Net income $ 3,581 $ 2,994
Adjustments to reconcile net income to net cash flows from operating activities:    
Depreciation 771 781
Securities amortization and accretion, net 963 1,087
Provision for loan losses 310 596
(Gain) loss on disposal of fixed assets (6) 2
Loss on disposition or direct write-down of other real estate owned 2 35
Net gain on sale of loans (367) (258)
Deferred income tax expense 462 128
Gain on sale of securities (33) (209)
Origination of loans held for sale (22,336) (24,379)
Proceeds from loans held for sale 22,760 24,775
Increase in cash surrender value of life insurance (270) (246)
Change in other assets and other liabilities 14 73
Net cash flows from operating activities 5,851 5,379
Cash flows from investing activities:    
Purchases (23,878) (41,752)
Maturities, calls and principal pay downs 15,618 21,869
Proceeds from sales of available-for-sale securities 2,644 7,342
Purchases (1,000)
Principal pay downs 235 235
Net decrease in certificates of deposit with other financial institutions 948 1,985
Purchase of Federal Home Loan Stock (34) (29)
Net increase in loans (45,869) (18,120)
Purchase of Bank owned life insurance (2,000)
Acquisition of premises and equipment (688) (598)
Disposal of premises and equipment 6 2
Proceeds from sale of other real estate owned 69 7
Net cash flows from investing activities (50,949) (32,059)
Cash flows from financing activities:    
Net increase in deposit accounts 55,492 27,823
Proceeds from Federal Home Loan Bank advances 2,700 19,325
Repayments of Federal Home Loan Bank advances (3,264) (24,286)
Change in short-term borrowings (10,619) 4,857
Dividends paid (1,351) (1,308)
Net cash flows from financing activities 42,958 26,411
Decrease in cash and cash equivalents (2,140) (269)
Cash and cash equivalents, beginning of year 9,912 10,181
Cash and cash equivalents, end of year $ 7,772 $ 9,912