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NOTE 20: Condensed Parent Company Only Financial Statements: Parent Company Condensed Statements of Cash Flows (Tables) | 12 Months Ended
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Jun. 30, 2019
Tables/Schedules |
Parent Company Condensed Statements of Cash Flows |
| Year ended June 30,
(dollars in thousands) | 2019 | 2018 | 2017
Condensed Statements of Cash Flow |  |  |
Cash Flows from operating activities: |  |  |
Net income | $ 28,904 | $ 20,929 | $ 15,552
Changes in: |  |  |
Equity in undistributed income of the Bank | (7,427) | (16,299) | (12,696)
Other adjustments, net | (635) | 40 | 412
NET CASH PROVIDED BY OPERATING ACTIVITES | 20,842 | 4,670 | 3,268
Cash flows from investing activities: |  |  |
Investments in Bank subsidiaries | (10,747) | (3,488) | (11,062)
NET CASH USED IN INVESTING ACTIVITIES | (10,747) | (3,488) | (11,062)
Cash flows from financing activities: |  |  |
Dividends on common stock | (4,763) | (3,827) | (2,981)
Exercise of stock options | - | 172 | 61
Payments to acquire treasury stock | (1,166) | - | -
Proceeds from issuance of common stock | - | - | 24,144
Proceeds from issuance of long term debt | - | - | 15,000
Repayments of long term debt | (4,400) | - | (15,650)
Injection of capital to subsidiary | - | - | (6,000)
NET CASH (USED IN) PROVIDED BY FINANCING ACTIVITIES | (10,329) | (3,655) | 14,574
Net increase (decrease) in cash and cash equivalents | (234) | (2,473) | 6,780
Cash and cash equivalents at beginning of year | 8,383 | 10,856 | 4,076
CASH AND CASH EQUIVALENTS AT END OF YEAR | $ 8,149 | $ 8,383 | $ 10,856

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