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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Sep. 30, 2016
Sep. 30, 2015
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income $ 7,911 $ 6,751
Adjustments to reconcile net income to net cash provided by operating activities:    
Provision for loan losses 637 859
Depreciation and amortization 1,461 1,452
Amortization of premiums and accretion of discounts on securities, net 553 679
Increase in trading account securities (211) (3,725)
Loans originated for sale (27,572) (16,980)
Proceeds on sales of loans 28,797 11,324
Net gain on sales of loans (1,145) (411)
Net unrealized gain on loans held for sale 0 (413)
Net realized and unrealized gain on other real estate owned (49) (1)
Gain on life insurance 0 (831)
Increase in cash surrender value of life insurance (448) (479)
Net gain on sale of premises, equipment and real estate development (2,030) 0
Loss on tax credit investment 4,236 0
Deferred income taxes (2,431) (36)
ESOP and stock compensation expense 628 1,108
Increase in accrued interest receivable (151) (144)
Increase in accrued interest payable 9 11
Change in other assets and liabilities, net (1,001) 273
Net Cash Provided By (Used In) Operating Activities 9,194 (563)
CASH FLOWS FROM INVESTING ACTIVITIES    
Investment in interest-bearing time deposits (245) (1,600)
Proceeds from maturities of interest-bearing time deposit maturities 245 0
Purchase of securities available for sale (15,659) (23,669)
Proceeds from maturities of securities available for sale 6,725 11,227
Proceeds from maturities of securities held to maturity 1,381 666
Principal collected on securities 14,894 18,814
Net increase in loans (52,550) (24,519)
Purchase of Federal Reserve Bank stock 0 (945)
Purchase of Federal Home Loan Bank stock (216) (533)
Proceeds from redemption of Federal Home Loan Bank stock 0 1,275
Proceeds from life insurance 1,564 425
Investment in historic tax credit entity (3,285) (417)
Proceeds from sale of other real estate owned 472 809
Investment in real estate development and construction (35) (73)
Purchase of premises and equipment (318) (475)
Proceeds from sale of premises, equipment and real estate development 1,866 0
Net Cash Used In Investing Activities (45,161) (19,015)
CASH FLOWS FROM FINANCING ACTIVITIES    
Net increase in deposits 46,170 103
Net increase in repurchase agreements 3 4
Increase in Federal Home Loan Bank line of credit 6,766 5,319
Proceeds from Federal Home Loan Bank advances 35,000 300,000
Repayment of Federal Home Loan Bank advances (25,000) (280,000)
Repayment of other long-term debt (4,632) (180)
Net increase in advance payments by borrowers for taxes and insurance 131 135
Redemption of preferred stock (17,120) 0
Proceeds from exercise of stock options 169 159
Purchase of treasury stock 0 (132)
Dividends paid on preferred stock (62) (171)
Dividends paid on common stock (1,110) (995)
Net Cash Provided By Financing Activities 40,315 24,242
Net Increase in Cash and Cash Equivalents 4,348 4,664
Cash and cash equivalents at beginning of period 24,994 20,330
Cash and Cash Equivalents at End of Period $ 29,342 $ 24,994