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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Cash flows from operating activities    
Net cash from operating activities $ 5,024 $ 5,275
Purchases of securities, available-for-sale (18,610) (16,778)
Maturities, calls and principal pay downs of securities, available-for-sale 17,575 13,721
Sale of securities, available-for-sale 11,841 7,670
Principal pay downs of securities, held-to-maturity 206 200
Net decrease in certificate of deposit in other financial institutions 1,914 990
Purchase of Federal Reserve Bank stock, at cost (595)
Net increase in loans (43,405) (28,239)
Acquisition, net of cash acquired (4,295)
Proceeds from BOLI death benefit 753
Premises and equipment purchases (453) (1,528)
Sale of other repossessed assets 39
Net cash from investing activities (35,030) (23,964)
Cash flow from financing activities    
Net increase in deposit accounts 29,997 29,326
Net change in short-term borrowings 352 (9,342)
Proceeds from Federal Home Loan Bank advances 17,500 2,400
Repayments of Federal Home Loan Bank advances (13,612) (2,050)
Dividends paid (1,148) (1,065)
Net cash from financing activities 33,089 19,269
Increase in cash or cash equivalents 3,083 580
Cash and cash equivalents, beginning of period 9,461 7,772
Cash and cash equivalents, end of period 12,544 8,352
Supplemental disclosure of cash flow information:    
Interest 3,048 2,102
Federal income taxes 675 645
Non-cash items:    
Transfer from loans held for sale to portfolio 75
Issuance of treasury stock for stock awards 89 59
Right of use assets obtained in exchange for lease liabilities 582
Acquisition of Peoples:    
Goodwill 836  
Peoples Bancorp of Mt. Pleasant, Inc. [Member]    
Acquisition of Peoples:    
Consideration paid 10,405
Certificates of deposit in other financial institutions 11,839
Securities, available-for-sale 4,051
Federal bank and other restricted stocks, at cost 154
Loans, net 55,320
Premises and equipment 818
Goodwill 836
Core deposit intangible 270
Accrued interest receivable and other assets 140
Total noncash assets acquired 73,428
Deposits 60,851
Federal funds purchased 2,348
Federal Home Loan Bank advances 491
Other liabilities 166
Total liabilities assumed 63,856
Net noncash assets acquired 9,572
Cash acquired $ 833