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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
3 Months Ended 12 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Jun. 30, 2019
CASH FLOWS FROM OPERATING ACTIVITIES      
Net income (loss) $ 567,896 $ (140,697)  
Adjustments to reconcile net income(loss) to net cash flows from operating activities      
Depreciation 144,272 136,545  
Amortization and accretion 7,596 20,761  
Origination of mortgage loans held for sale (87,049,378) (24,265,772)  
Proceeds from sales of mortgage loans held for sale 75,161,612 28,128,153  
Gain on sale of mortgage loans held for sale (1,250,743) (334,286)  
Gain on sale of other real estate owned, net (4,817)    
Changes in assets and liabilities:      
Accrued interest receivable and other assets (1,158,730) (336,221)  
Accrued interest payable and other liabilities 6,043,005 (2,774,396)  
Net cash flows provided by (used in) operating activities (7,539,287) 434,087  
CASH FLOWS FROM INVESTING ACTIVITIES      
Proceeds from maturities or calls of securities available for sale 316,162 272,563  
Purchase of securities available for sale (1,459,432) (400,000)  
Change in loans 8,745,512 892,896  
Changes from redemption of FHLB stock 670,500 4,500  
Change in interest bearing deposits in banks 42,223 9,408  
Proceeds from sale of other real estate owned 515,246 109,085  
Capital expenditures on other real estate owned (36,852) (27)  
Purchase of premises and equipment, net (32,720) (129,010)  
Net cash flows provided by investing activities 8,760,639 759,415  
CASH FLOWS FROM FINANCING ACTIVITIES      
Net increase (decrease) in deposits 12,161,267 (2,638,125)  
FHLB advance proceeds 497,000,000 138,100,000  
FHLB advance repayments (512,600,000) (139,200,000)  
Change in advance payments by borrowers for property taxes and insurance 1,384,007 1,498,498  
Net cash flows used in financing activities (2,054,726) (2,239,627)  
Net Change in Cash and Cash Equivalents (833,374) (1,046,125)  
CASH AND CASH EQUIVALENTS - BEGINNING OF PERIOD 5,630,770 6,134,146 $ 6,134,146
CASH AND CASH EQUIVALENTS - END OF PERIOD 4,797,396 5,088,021 $ 5,630,770
SUPPLEMENTAL CASH FLOW DISCLOSURES      
Cash paid for interest $ 413,008 343,059  
Loans transferred to other real estate owned   $ 364,030