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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Cash flows from operating activities:    
Net Income $ 5,433 $ 4,470
Adjustments to reconcile net income to net cash provided by operating activities    
Depreciation 319 316
Deferred income tax expense (2,196) (2,451)
Net amortization of premiums and discounts 443 341
Net amortization of deferred loan costs and fees 251 190
Provision for loan losses 1,129 717
Losses on sale of foreclosed real estate 61 177
Excess tax benefit from share based compensation (51) (6)
Net increase in accrued income taxes 2,438 3,104
Net increase in accrued interest receivable (179) (232)
Net increase in prepaid and other assets (291) (342)
Net (decrease) increase in other liabilities (786) 165
Net cash provided by operating activities 6,571 6,449
Securities available-for-sale:    
Proceeds from maturities 37,123 23,524
Purchases of securities (29,683) (34,067)
Principal payments on securities 5,573 2,846
Securities held-to-maturity:    
Proceeds from maturities 5,795 5,558
Purchases of securities (17,646) (18,679)
Principal payments on securities 5,397 4,351
Net purchase of Federal Home Loan Bank Stock (978) (288)
Maturity of long term certificate of deposit 65 0
Net increase in loans receivable (70,066) (35,933)
Proceeds from sale of foreclosed real estate 94 684
Purchases of premises and equipment (71) (141)
Net cash used by investing activities (64,397) (52,145)
Cash flows from financing activities:    
Net increase in short-term advances 19,700 4,900
Proceeds from long-term FHLB advances 2,650 1,500
Repayment of long-term FHLB advances (500) 0
Payment of cash dividends (742) (715)
Proceeds from issuance of stock options 169 83
Excess tax benefit from share based compensation 51 6
Net increase in deposits 36,178 46,472
Net cash provided by financing activities 57,506 52,246
Net (decrease) increase in cash and cash equivalents (320) 6,550
Cash and cash equivalents at beginning of period 15,895 15,538
Cash and cash equivalents at end of period 15,575 22,088
Non-cash investing activities:    
Foreclosed loans transferred to foreclosed real estate 123 318
Cash paid during period for:    
Interest 1,471 1,230
Income taxes $ 1,633 $ 696