PARENT COMPANY CONDENSED FINANCIAL INFORMATION

12 Months Ended

Sep. 30, 2016

Condensed Financial Information Of Parent Company Only Disclosure [Abstract]

PARENT COMPANY CONDENSED FINANCIAL INFORMATION

(29) PARENT COMPANY CONDENSED FINANCIAL INFORMATION

Condensed financial information for First Savings Financial Group, Inc. (parent company only) follows:

Balance Sheets
(In thousands)
	As of September 30,
	2016		2015
Assets:
Cash and due from banks	$	849	$	14,721
Other assets		662		928
Investment in subsidiaries		85,464		79,075
	$	86,975	$	94,724
Liabilities and Equity:
Accrued expenses	$	395	$	367
Stockholders' equity		86,580		94,357
	$	86,975	$	94,724

Statements of Income
(In thousands)
	Years Ended September 30,
	2016		2015
Dividend income from subsidiary	$	4,000	$	8,500
Other income		-		2
Other operating expenses		(1,027)		(1,650)
Income before income taxes and equity in undistributed net income of subsidiaries		2,973		6,852
Income tax benefit		282		414
Income before equity in undistributed net income of subsidiaries		3,255		7,266
Equity in undistributed net income of subsidiaries		4,656		(515)
Net income	$	7,911	$	6,751

Statements of Cash Flows
(In thousands)
	Years Ended September 30,
	2016		2015
Operating Activities:
Net income	$	7,911	$	6,751
Adjustments to reconcile net income to net cash provided by operating activities:
Equity in undistributed net income of subsidiaries		(4,656)		515
ESOP and stock compensation expense		628		1,108
Net change in other assets and liabilities		368		67
Net cash provided by operating activities		4,251		8,441
Financing Activities:
Redemption of preferred stock		(17,120)		-
Exercise of stock options		169		159
Purchase of treasury stock		-		(132)
Dividends paid		(1,172)		(1,166)
Net cash used in financing activities		(18,123)		(1,139)
Net increase (decrease) in cash and due from banks		(13,872)		7,302
Cash and due from banks at beginning of year		14,721		7,419
Cash and due from banks at end of year	$	849	$	14,721