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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Cash flows from operating activities    
Net cash from operating activities $ 11,723 $ 11,421
Cash flow from investing activities    
Purchases of securities, available-for-sale (111,050) (63,825)
Maturities, calls and principal pay downs of securities, available-for-sale 24,473 30,890
Sale of securities, available-for-sale 1,000 5,545
Purchase of securities, held-to-maturity 0 (4,700)
Principal pay downs of securities, held-to-maturity 976 205
Purchase of equity securities 0 (400)
Net decrease in certificate of deposit in other financial institutions 1,784 4,300
Purchase of Federal Reserve Bank stock, at cost (53) 0
Net increase in loans (17,327) (10,332)
Acquisition, net cash received 66,552 0
Premises and equipment purchases (1,147) (433)
Disposal of premises and equipment 30 0
Sale of Other Real Estate Owned 83 0
Sale of other repossessed assets 0 17
Net cash from investing activities (34,679) (38,733)
Cash flow from financing activities    
Net increase in deposit accounts 59,247 70,633
Net change in short-term borrowings (369) 2,476
Proceeds from Federal Home Loan Bank advances 0 1,300
Repayments of Federal Home Loan Bank advances (1,779) (14,394)
Proceeds from dividend reinvestment and stock purchase plan 116 0
Dividends paid (1,460) (1,330)
Net cash from financing activities 55,755 58,685
Increase in cash or cash equivalents 32,799 31,373
Cash and cash equivalents, beginning of period 18,529 9,659
Cash and cash equivalents, end of period 51,328 41,032
Supplemental disclosure of cash flow information:    
Interest 1,025 1,627
Federal income taxes 1,380 1,930
Non-cash items:    
Transfer from loans to repossessed assets 83 9
Issuance of treasury stock for stock awards 309 $ 167
Branch acquisition:    
Goodwill 2,452  
CFBank Branches [Member]    
Branch acquisition:    
Securities, available-for-sale 15,602  
Loans 19,943  
Premises and equipment 413  
Goodwill 1,616  
Core deposit intangible 295  
Accrued interest receivable and other assets 216  
Total noncash assets acquired 38,085  
Deposits 104,538  
Other liabilities 99  
Total liabilities assumed 104,637  
Net noncash assets acquired $ (66,552)