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17. Parent Company Financial Information: Condensed Cash Flow Statement (Tables)
12 Months Ended
Jun. 30, 2013
Tables/Schedules  
Condensed Cash Flow Statement

 

 

     June 30,

 

 

2013

Operating Activities:

 

 

Net income

$

9,053

Adjustments to reconcile net income to net cash provided by

operating activities:

 

 

    Provision for loan losses

 

1,300

    Loss on sale and impairment of real estate owned

 

638

    Increase in accrued interest receivable and other assets

 

(602)

    Equity in undistributed income of Bank

 

(10,123)

    ESOP compensation expense

 

749

    Restricted stock and stock option expense

 

1,113

    Increase in other liabilities

 

402

Net cash provided by operating activities

 

2,530

 

 

 

Investing Activities:

 

 

Purchase of certificates of deposit in other banks

 

(10,446)

Maturities of certificates of deposit in other banks

 

249

Purchase of loans from Bank subsidiary

 

(32,332)

Repayment of loans

 

7,149

Purchase of real estate owned from Bank subsidiary

 

(5,892)

Capital improvements to real estate owned

 

   (240)

Increase in investment in Bank subsidiary

 

(104,851)

ESOP loan

 

(10,580)

ESOP principal payments received

 

428

Proceeds from sale of real estate owned

 

2,125

Net cash used in investing activities

 

(154,390)

 

 

 

Financing Activities:

 

 

Proceeds from stock conversion

 

208,204

Common stock repurchased

 

(13,299)

Net cash provided by financing activities

 

194,905

Net Increase in Cash and Cash Equivalents

 

43,045

Cash and Cash Equivalents at Beginning of Period

 

-

Cash and Cash Equivalents at End of Period{end}

$

43,045