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Consolidated Statements of Cash Flows - USD ($)
12 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Cash flows from operating activities    
Interest received $ 16,415,596 $ 11,704,151
Fees and commissions received 522,341 817,522
Interest paid (4,004,880) (2,029,095)
Cash paid to suppliers and employees (11,216,410) (9,259,922)
Origination of loans held for sale (2,017,697) (3,969,775)
Proceeds from sale of loans held for sale 2,300,234 4,336,295
Increase in deferred tax asset (1,455,219) (204,030)
Net cash provided by operating activities 543,965 1,395,146
Cash flows from investing activities    
Acquisition, net of cash acquired (10,508,813) (12,723,871)
Proceeds from sale of securities available for sale 4,273,234 19,228,336
Proceeds from maturing and called securities available for sale, including principal pay downs 28,963,565 21,322,394
Proceeds from sale of certificates of deposit held for investment 1,730,273
Proceeds from maturing and called certificates of deposit 1,724,000 514,510
Purchase of investment securities available for sale (50,585,898) (8,020,125)
Redemption of Federal Home Loan Bank stock 210,800
Purchase of Federal Home Loan Bank stock (405,900) (3,800)
Loans made, net of principal repayments (10,461,510) (8,018,865)
Purchase of premises and equipment (273,669) (75,052)
Proceeds from sale of premises and equipment 442,529 463,839
Proceeds from sale of foreclosed real estate 60,258 11,752
Net cash (used) provided by investing activities (34,822,132) 12,699,120
Cash flows from financing activities    
Net increase (decrease) in Deposits (10,529,332) 38,312,626
Advances by borrowers for taxes and insurance 788,316 460,766
Proceeds from borrowings 11,578,805
Payments of borrowings (5,501,555) (2,000,000)
Interest rate swap on FHLB borrowings (83,634)
Issuance of restricted stock 20
Redemption of restricted stock (69,068) (63,010)
Net cash (used) provided by financing activities (3,816,448) 36,710,382
Net (decrease) increase in cash and cash equivalents (38,094,615) 50,804,648
Cash and cash equivalents at beginning of period 67,448,536 16,643,888
Cash and cash equivalents at end of period 29,353,921 67,448,536
Supplemental disclosures of cash flow information    
Less cash acquired 15,196,058 1,468,499
Acquisition, net of cash acquired 10,508,813 12,723,871
Reconciliation of net loss to net cash provided by operating activities    
Net loss (928,782) (92,616)
Adjustments to reconcile net loss to net cash provided by operating activities    
Amortization of premiums on certificates of deposit 12,949 12,858
Amortization of premiums on securities 840,535 387,268
Gain on sale of investment securities and certificates of deposit (23,720) (271,559)
Loss on sale of foreclosed real estate 6,238
Loan discount accretion (841,329) (9,807)
Deposit premium amortization (597,655) (104,833)
Borrowing premium amortization (551,125) (83,910)
Core deposit intangible asset amortization 121,022 62,573
Premises and equipment depreciation and amortization 334,210 278,865
Loss (gain) on sale of premises and equipment 5,046 (407,188)
Stock based compensation 444,406 434,675
Provision for loan losses 3,395,006 440,000
ESOP shares allocated for release 186,240 186,330
Decrease (increase) in    
Accrued interest receivable (361,914) (112,226)
Loans held for sale 259,450 321,689
Cash surrender value of life insurance (485,399) (349,939)
Income taxes refundable and deferred income taxes (2,213,224) 217,660
Other assets 2,565,464 377,626
Increase (decrease) in    
Accrued interest payable 15,007 3,042
Deferred loan origination fees 3,748 36,074
Other liabilities (1,642,208) 68,564
Net cash provided by operating activities 543,965 1,395,146
Noncash investing activity    
Real estate acquired through foreclosure 126,575
Fraternity Community Bancorp, Inc. [Member]    
Supplemental disclosures of cash flow information    
Total cash consideration paid 25,704,871
Fairmount Bancorp, Inc. [Member]    
Supplemental disclosures of cash flow information    
Total cash consideration paid $ 14,192,370