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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
9 Months Ended
Jun. 30, 2017
Jun. 30, 2016
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income $ 6,974 $ 5,105
Adjustments to reconcile net income to net cash provided by (used in) operating activities:    
Provision for loan losses 1,002 428
Depreciation and amortization 871 1,103
Amortization of premiums and accretion of discounts on securities, net 516 450
Decrease in trading account securities 3,436 242
Loans originated for sale (67,128) (22,054)
Proceeds on sales of loans 52,145 22,711
Net gain on sales of loans (3,083) (826)
Net realized and unrealized gain on other real estate owned (168) (10)
Net gain on sales of available for sale securities (30) 0
Gain on life insurance (189) 0
Increase in cash surrender value of life insurance (318) (338)
Net gain on sale of premises and equipment (30) 0
Loss on tax credit investment 226 4,309
Deferred income taxes 1,293 (2,876)
ESOP and stock compensation expense 125 628
Increase in accrued interest receivable (702) (400)
Increase in accrued interest payable 70 1
Change in other assets and liabilities, net (755) (967)
Net Cash Provided By (Used In) Operating Activities (5,745) 7,506
CASH FLOWS FROM INVESTING ACTIVITIES    
Investment in interest-bearing time deposits (445) 0
Proceeds from maturities of interest-bearing time deposits 990 0
Purchase of securities available for sale (26,422) (10,933)
Proceeds from sales of securities available for sale 4,255 0
Proceeds from maturities of securities available for sale 2,830 5,395
Proceeds from maturities of securities held to maturity 139 1,148
Principal collected on securities 13,047 10,410
Net increase in loans (48,644) (36,486)
Purchase of Federal Home Loan Bank stock 0 (216)
Proceeds from sale of other real estate owned 186 430
Investment in real estate development and construction 0 (35)
Purchase of premises and equipment (389) (223)
Proceeds from sale of premises and equipment 19 0
Net Cash Used In Investing Activities (54,434) (30,510)
CASH FLOWS FROM FINANCING ACTIVITIES    
Net increase in deposits 94,433 40,805
Net increase in repurchase agreements 2 2
Decrease in Federal Home Loan Bank line of credit (21,633) (9,602)
Proceeds from Federal Home Loan Bank advances 15,000 35,000
Repayment of Federal Home Loan Bank advances (15,000) (25,000)
Repayment of other long-term debt 0 (141)
Net decrease in advance payments by borrowers for taxes and insurance (22) (142)
Redemption of preferred stock 0 (17,120)
Proceeds from exercise of stock options 62 169
Dividends paid on preferred stock 0 (62)
Dividends paid on common stock (915) (823)
Net Cash Provided By Financing Activities 71,927 23,086
Net Increase in Cash and Cash Equivalents 11,748 82
Cash and cash equivalents at beginning of period 29,342 24,994
Cash and Cash Equivalents at End of Period $ 41,090 $ 25,076