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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
9 Months Ended
Jun. 30, 2015
Jun. 30, 2014
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income $ 4,923 $ 4,020
Adjustments to reconcile net income to net cash provided by operating activities:    
Provision for loan losses 627 904
Depreciation and amortization 1,081 1,084
Amortization of premiums and accretion of discounts on securities, net 557 466
Increase in trading account securities (3,451) (2,044)
Loans originated for sale (7,178) (5,517)
Proceeds on sales of loans 7,373 5,985
Net gain on sales of loans (220) (191)
Net realized and unrealized gain on other real estate owned (29) (64)
Net gain on sales of available for sale securities 0 (123)
Unrealized loss on derivative contract 1 10
Gain on life insurance (831) 0
Increase in cash surrender value of life insurance (364) (364)
Deferred income taxes (284) (118)
ESOP and stock compensation expense 980 926
Increase in accrued interest receivable (313) (353)
Increase (decrease) in accrued interest payable 4 (21)
Change in other assets and liabilities, net 164 135
Net Cash Provided By Operating Activities 3,040 4,735
CASH FLOWS FROM INVESTING ACTIVITIES    
Investment in interest-bearing time deposits (735) 0
Purchase of securities available for sale (19,096) (35,809)
Proceeds from sales of securities available for sale 0 808
Proceeds from maturities of securities available for sale 8,417 6,233
Proceeds from maturities of securities held to maturity 367 409
Principal collected on securities 14,243 10,158
Net increase in loans (14,647) (16,705)
Purchase of Federal Reserve Bank stock (945) 0
Purchase of Federal Home Loan Bank stock (461) (175)
Proceeds from redemption of Federal Home Loan Bank stock 1,276 0
Investment in cash surrender value of life insurance 0 (5,000)
Investment in historic tax credit entity (417) 0
Proceeds from sale of other real estate owned 677 513
Investment in real estate development and construction (73) (216)
Purchase of premises and equipment (350) (299)
Net Cash Used In Investing Activities (11,744) (40,083)
CASH FLOWS FROM FINANCING ACTIVITIES    
Net increase (decrease) in deposits (4,239) 47,469
Net increase in repurchase agreements 3 2
Decrease in Federal Home Loan Bank line of credit (4,922) (4,599)
Proceeds from Federal Home Loan Bank advances 240,000 272,000
Repayment of Federal Home Loan Bank advances (220,000) (277,000)
Repayment of other long-term debt (134) (118)
Net decrease in advance payments by borrowers for taxes and insurance (107) (172)
Exercise of stock options 278  
Purchase of treasury stock (251) (2,861)
Dividends paid on preferred stock (129) (129)
Dividends paid on common stock (734) (674)
Net Cash Provided By Financing Activities 9,765 33,918
Net Increase (Decrease) in Cash and Cash Equivalents 1,061 (1,430)
Cash and cash equivalents at beginning of year 20,330 20,815
Cash and Cash Equivalents at End of Year $ 21,391 $ 19,385