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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Cash flows from operating activities:    
Net Income $ 4,470 $ 3,586
Adjustments to reconcile net income to net cash provided by operating activities    
Depreciation 316 260
Deferred income tax (2,451) (1,542)
Net amortization of premiums and discounts 341 627
Net amortization of deferred loan costs and fees 190 182
Provision for loan losses 717 716
Losses on sale and write-downs of foreclosed real estate 177 92
Excess tax benefit from share based compensation (6) (6)
Net increase in accrued income taxes 3,104 2,837
Net increase in accrued interest receivable (232) (227)
Net increase in prepaid and other assets (342) (1,264)
Net decrease in other liabilities 165 122
Net cash provided by operating activities 6,449 5,383
Securities available-for-sale:    
Proceeds from maturities 23,524 2,250
Purchases of securities (34,067) (18,941)
Principal payments on securities 2,846 3,805
Securities held-to-maturity:    
Proceeds from maturities 5,558 9,822
Purchases of securities (18,679) (12,266)
Principal payments on securities 4,351 3,155
Net redemption of Federal Home Loan Bank Stock (288) (1,669)
Net increase in loans receivable (35,933) (24,807)
Proceeds from sale of foreclosed real estate 684 302
Purchases of premises and equipment (141) (308)
Net cash used by investing activities (52,145) (38,657)
Cash flows from financing activities:    
Net increase in short-term FHLB advances 4,900 40,350
Proceeds from long-term FHLB advances 1,500 1,000
Payment of cash dividends (715) (693)
Proceeds from issuance of stock options 83 64
Excess tax benefit from share based compensation 6 6
Net increase (decrease) in deposits 46,472 (6,393)
Net cash provided by financing activities 52,246 34,334
Net increase in cash and cash equivalents 6,550 1,060
Cash and cash equivalents at beginning of period 15,538 13,809
Cash and cash equivalents at end of period 22,088 14,869
Non-cash investing activities:    
Foreclosed loans transferred to foreclosed real estate 318 502
Cash paid during period for:    
Interest 1,230 1,131
Income taxes $ 696 $ 62