XML 24 R9.htm IDEA: XBRL DOCUMENT v2.4.1.9
Timberland Bancorp, Inc. and Subsidiary Condensed Consolidated Statements of Cash Flows (Unaudited) (USD $)
In Thousands, unless otherwise specified
6 Months Ended
Mar. 31, 2015
Mar. 31, 2014
Cash flow from operating activities    
Net income $ 3,178us-gaap_NetIncomeLoss $ 2,770us-gaap_NetIncomeLoss
Provision for loan losses 0us-gaap_ProvisionForLoanAndLeaseLosses 0us-gaap_ProvisionForLoanAndLeaseLosses
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation 669us-gaap_Depreciation 576us-gaap_Depreciation
Deferred Federal Income Tax Expense (Benefit) 231us-gaap_DeferredFederalIncomeTaxExpenseBenefit 0us-gaap_DeferredFederalIncomeTaxExpenseBenefit
Amortization of CDI 3us-gaap_AmortizationOfIntangibleAssets 58us-gaap_AmortizationOfIntangibleAssets
Earned ESOP shares 132us-gaap_ShareBasedCompensation 132us-gaap_ShareBasedCompensation
MRDP compensation expense 0us-gaap_DeferredCompensationArrangementWithIndividualCompensationExpense 2us-gaap_DeferredCompensationArrangementWithIndividualCompensationExpense
Stock option compensation expense 56us-gaap_StockOptionPlanExpense 47us-gaap_StockOptionPlanExpense
Stock Option Tax Effect Less Excess Tax Benefit 1tsbk_StockOptionTaxEffectLessExcessTaxBenefit 0tsbk_StockOptionTaxEffectLessExcessTaxBenefit
Gain on sales of OREO and other repossessed assets, net 127us-gaap_GainsLossesOnSalesOfOtherRealEstate (109)us-gaap_GainsLossesOnSalesOfOtherRealEstate
Provision for OREO losses 405us-gaap_RealEstateOwnedValuationAllowanceProvision1 375us-gaap_RealEstateOwnedValuationAllowanceProvision1
BOLI net earnings (268)us-gaap_BankOwnedLifeInsuranceIncome (258)us-gaap_BankOwnedLifeInsuranceIncome
Gain on sales of loans, net (584)us-gaap_GainLossOnSalesOfLoansNet (474)us-gaap_GainLossOnSalesOfLoansNet
Net change in deferred loan origination fees 147us-gaap_IncreaseDecreaseInLoansDeferredIncome (3)us-gaap_IncreaseDecreaseInLoansDeferredIncome
Net OTTI (recoveries) on investment securities 1us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet (87)us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet
Gain (Loss) on Sale of Other Investments (45)us-gaap_GainLossOnSaleOfOtherInvestments 32us-gaap_GainLossOnSaleOfOtherInvestments
Amortization of Mortgage Servicing Rights (MSRs) 40us-gaap_AmortizationOfMortgageServicingRightsMSRs 59us-gaap_AmortizationOfMortgageServicingRightsMSRs
Loans originated for sale (21,696)us-gaap_PaymentsForOriginationAndPurchasesOfLoansHeldForSale (14,420)us-gaap_PaymentsForOriginationAndPurchasesOfLoansHeldForSale
Proceeds from sales of loans 20,927us-gaap_ProceedsFromSaleOfLoansReceivable 15,473us-gaap_ProceedsFromSaleOfLoansReceivable
Net change in accrued interest and other assets 391us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets 125us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
Net change in accrued expenses and other liabilities (98)us-gaap_IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities 320us-gaap_IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
Net cash provided by operating activities 3,363us-gaap_NetCashProvidedByUsedInOperatingActivities 4,618us-gaap_NetCashProvidedByUsedInOperatingActivities
Proceeds from Issuance of Common Stock 1us-gaap_ProceedsFromIssuanceOfCommonStock 0us-gaap_ProceedsFromIssuanceOfCommonStock
Cash flows from investing activities    
Net increase in CDs held for investment (6,023)us-gaap_IncreaseDecreaseOfRestrictedInvestments (1,343)us-gaap_IncreaseDecreaseOfRestrictedInvestments
Proceeds from Sale of Mortgage Backed Securities (MBS) categorized as Available-for-sale 1,220us-gaap_ProceedsFromSaleOfMortgageBackedSecuritiesMBSCategorizedAsAvailableForSale 856us-gaap_ProceedsFromSaleOfMortgageBackedSecuritiesMBSCategorizedAsAvailableForSale
Proceeds from maturities and prepayments of investment securities available for sale 159us-gaap_ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities 212us-gaap_ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
Payments to Acquire Mortgage Backed Securities (MBS) categorized as Held-to-maturity 0us-gaap_PaymentsToAcquireMortgageBackedSecuritiesMBSCategorizedAsHeldToMaturity 3,003us-gaap_PaymentsToAcquireMortgageBackedSecuritiesMBSCategorizedAsHeldToMaturity
Proceeds from maturities and prepayments of investment securities held to maturity 243us-gaap_ProceedsFromMaturitiesPrepaymentsAndCallsOfHeldToMaturitySecurities 279us-gaap_ProceedsFromMaturitiesPrepaymentsAndCallsOfHeldToMaturitySecurities
Redemption of FHLB stock 111us-gaap_PaymentsForProceedsFromFederalHomeLoanBankStock 101us-gaap_PaymentsForProceedsFromFederalHomeLoanBankStock
Increase in loans receivable, net (17,955)us-gaap_IncreaseDecreaseInOtherLoans (11,880)us-gaap_IncreaseDecreaseInOtherLoans
Additions to premises and equipment (412)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment (597)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment
Proceeds from sales of OREO and other repossessed assets 1,589us-gaap_ProceedsFromSaleOfForeclosedAssets 2,962us-gaap_ProceedsFromSaleOfForeclosedAssets
Net cash used in investing activities (21,068)us-gaap_NetCashProvidedByUsedInInvestingActivities (12,413)us-gaap_NetCashProvidedByUsedInInvestingActivities
Cash flows from financing activities    
Increase (decrease) in deposits, net 28,157us-gaap_IncreaseDecreaseInDeposits (3,888)us-gaap_IncreaseDecreaseInDeposits
ESOP tax effect 36us-gaap_EmployeeStockOwnershipPlanESOPTaxBenefitOfDividendsPaidToPlan 28us-gaap_EmployeeStockOwnershipPlanESOPTaxBenefitOfDividendsPaidToPlan
Proceeds from Stock Options Exercised 24us-gaap_ProceedsFromStockOptionsExercised 16us-gaap_ProceedsFromStockOptionsExercised
Redemption of preferred stock 0us-gaap_PaymentsForRepurchaseOfPreferredStockAndPreferenceStock (12,065)us-gaap_PaymentsForRepurchaseOfPreferredStockAndPreferenceStock
Dividends paid (775)us-gaap_PaymentsOfDividends (551)us-gaap_PaymentsOfDividends
Net cash provided by (used in) financing activities 27,444us-gaap_NetCashProvidedByUsedInFinancingActivities (16,460)us-gaap_NetCashProvidedByUsedInFinancingActivities
Net increase (decrease) in cash and cash equivalents 9,739us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease (24,255)us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease
Cash and cash equivalents, at beginning of period 72,354us-gaap_CashAndCashEquivalentsAtCarryingValue 94,496us-gaap_CashAndCashEquivalentsAtCarryingValue
Cash and cash equivalents, at end of period 82,093us-gaap_CashAndCashEquivalentsAtCarryingValue 70,241us-gaap_CashAndCashEquivalentsAtCarryingValue
Supplemental disclosure of cash flow information    
Income taxes paid 1,560us-gaap_IncomeTaxesPaid 1,135us-gaap_IncomeTaxesPaid
Interest paid 1,937us-gaap_InterestPaid 2,015us-gaap_InterestPaid
Supplemental disclosure of non-cash investing activities    
Loans transferred to OREO and other repossessed assets 641us-gaap_TransferOfOtherRealEstate 5,166us-gaap_TransferOfOtherRealEstate
Mortgage Loan Related to Property Sales $ 0us-gaap_MortgageLoanRelatedToPropertySales1 $ 450us-gaap_MortgageLoanRelatedToPropertySales1