XML 17 R8.htm IDEA: XBRL DOCUMENT v3.24.0.1
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Cash flows from operating activities    
Net cash from operating activities $ 5,833 $ 7,783
Cash flow from investing activities    
Purchases of securities, available-for-sale (7,049) (17,091)
Maturities, calls and principal pay downs of securities, available-for-sale 11,850 11,405
Sale of securities, available-for-sale 4,002 3,708
Principal pay downs of securities, held-to-maturity 542 536
Net decrease in certificates of deposit in other financial institutions 264 517
Net change in Federal Home Loan Bank stock, at cost (556) (58)
Net increase in loans (25,019) (53,257)
Premises and equipment purchases (546) (298)
Sale of other repossessed assets 0 11
Net cash used in investing activities (16,512) (54,527)
Cash flow from financing activities    
Net (decrease) increase in deposit accounts (3,985) 19,590
Net change in short-term borrowings (977) 4,085
Proceeds from Federal Home Loan Bank advances 18,300 16,400
Repayments of Federal Home Loan Bank advances (642) (53)
Proceeds from dividend reinvestment and stock purchase plan 134 117
Dividends paid (1,121) (1,045)
Net cash from financing activities 11,709 39,094
Increase (decrease) in cash or cash equivalents 1,030 (7,650)
Cash and cash equivalents, beginning of period 11,755 20,952
Cash and cash equivalents, end of period 12,785 13,302
Supplemental disclosure of cash flow information:    
Interest (7,409) (1,815)
Federal income taxes (1,125) (1,515)
Non-cash items:    
Transfer from loans to repossessed assets 0 11
Issuance of treasury stock for vested restricted stock awards $ 195 $ 343