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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Cash flows from operating activities    
Net cash from operating activities $ 7,732 $ 10,662
Cash flow from investing activities    
Purchases of securities, available-for-sale (8,970) (22,742)
Maturities, calls and principal pay downs of securities, available-for-sale 16,452 15,368
Sale of securities, available-for-sale 8,092 9,685
Principal pay downs of securities, held-to-maturity 542 536
Net decrease in certificates of deposit in other financial institutions 1,753 1,024
Net change in Federal Home Loan Bank stock, at cost (230) 270
Net increase in loans (32,519) (77,592)
Premises and equipment purchases (811) (1,650)
Sale of other repossessed assets 0 11
Net cash used in investing activities (15,691) (75,090)
Cash flow from financing activities    
Net increase in deposit accounts 22,597 67,837
Net change in short-term borrowings 2,598 2,304
Proceeds from Federal Home Loan Bank advances 18,300 16,400
Repayments of Federal Home Loan Bank advances (18,954) (16,466)
Proceeds from dividend reinvestment and stock purchase plan 196 177
Dividends paid (1,684) (1,569)
Net cash from financing activities 23,053 68,683
Increase in cash or cash equivalents 15,094 4,255
Cash and cash equivalents, beginning of period 11,755 20,952
Cash and cash equivalents, end of period 26,849 25,207
Supplemental disclosure of cash flow information:    
Interest 11,823 4,011
Federal income taxes 1,575 1,515
Non-cash items:    
Transfer from loans to repossessed assets 51 11
Issuance of treasury stock for vested restricted stock awards $ 195 $ 393