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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Cash Flows From Operating Activities:    
Net Income $ 9,603 $ 12,746
Items not requiring (providing) cash:    
Depreciation 1,148 1,061
Loss on disposal of fixed assets   (137)
Stock option and stock grant expense 54 37
(Gain) loss on sale/write-down of REO (33) 22
Amortization of intangible assets 402 338
Accretion of purchase accounting adjustments (456) (341)
Increase in cash surrender value of bank owned life insurance (BOLI) (318) (281)
Provision for credit losses 5,056 (305)
Net amortization of premiums and discounts on securities 248 283
Originations of loans held for sale (7,803) (14,000)
Proceeds from sales of loans held for sale 7,065 14,444
Gain on sales of loans held for sale (292) (369)
Changes in:    
Accrued interest receivable (2,818) (1,124)
Prepaid expenses and other assets (5,507) 432
Accounts payable and other liabilities 334 1,439
Deferred income taxes 6 6
Accrued interest payable 371 (48)
Net cash provided by operating activities 7,060 14,203
Cash flows from investing activities:    
Net increase in loans (255,749) (48,324)
Net change in interest-bearing deposits 496 (1)
Proceeds from maturities of available for sale securities 6,023 12,452
Net (purchases) redemptions of Federal Home Loan Bank stock (7,592) 448
Net purchases of Federal Reserve Bank of St. Louis stock (15)  
Purchases of available-for-sale securities (6,447) (15,111)
Purchases of long-term investment   (83)
Purchases of premises and equipment (397) (3,063)
Investments in state & federal tax credits (3,860) (609)
Proceeds from sale of fixed assets   928
Proceeds from sale of foreclosed assets 395 38
Net cash used in investing activities (267,146) (53,325)
Cash flows from financing activities:    
Net increase in demand deposits and savings accounts 17,291 49,139
Net increase (decrease) in certificates of deposits 18,672 (8,239)
Proceeds from Federal Home Loan Bank advances 542,650  
Repayments of Federal Home Loan Bank advances (355,663) (11,012)
Purchase of treasury stock   (1,174)
Dividends paid on common stock (1,938) (1,782)
Net cash provided by financing activities 221,012 26,932
Decrease in cash and cash equivalents (39,074) (12,190)
Cash and cash equivalents at beginning of period 86,792 123,592
Cash and cash equivalents at end of period 47,718 111,402
Noncash investing and financing activities:    
Conversion of loans to foreclosed real estate 127 58
Conversion of loans to repossessed assets 26  
Right of use assets obtained in exchange for lease obligations: Operating Leases 95 35
Cash paid during the period for:    
Interest (net of interest credited) 719 484
Income taxes $ 1,126 $ 28