XML 25 R25.htm IDEA: XBRL DOCUMENT
v2.4.0.6

Holding Company Condensed Financial Information | 12 Months Ended
--- | ---
Jun. 30, 2012
Holding Company Condensed Financial Information: |
Holding Company Condensed Financial Information |
18. | Holding Company Condensed Financial Information:
This information should be read in conjunction with the other notes to the consolidated financial statements. The following is the condensed statements of financial condition for Provident Financial Holdings (Holding Company only) as of June 30, 2012 and 2011 and condensed statements of operations and cash flows for the years ended June 30, 2012, 2011 and 2010.
Condensed Statements of Financial Condition
| June 30,
(In Thousands) | 2012 | 2011
Assets |  |  |  |
| Cash and cash equivalents | $ 1,968 |  | $ 2,643 |
| Investment in subsidiary | 142,758 |  | 138,279 |
| Other assets | 89 |  | 40 |
| $ 144,815 |  | $ 140,962 |
Liabilities and Stockholders’ Equity |  |  |  |
| Other liabilities | $ 38 |  | $ 44 |
| Stockholders’ equity | 144,777 |  | 140,918 |
|  | $ 144,815 |  | $ 140,962 |
Condensed Statements of Operations
| Year Ended June 30,
(In Thousands) | 2012 |  | 2011 |  | 2010 |
Interest and other income | $ 13 |  | $ 29 |  | $ 74 |
General and administrative expenses | 750 |  | 799 |  | 684 |
| Loss before equity in net earnings of the subsidiary | (737 | ) | (770 | ) | (610 | )
Equity in net earnings of the subsidiary | 11,237 |  | 13,666 |  | 1,469 |
| Income before income taxes | 10,500 |  | 12,896 |  | 859 |
| Benefit from income taxes | (310 | ) | (324 | ) | (256 | )
| Net income | $ 10,810 |  | $ 13,220 |  | $ 1,115 |
Condensed Statements of Comprehensive Income
| Year Ended June 30,
| 2012 |  | 2011 |  | 2010 |
Net income | $ 10,810 |  | $ 13,220 |  | $ 1,115 |
Other comprehensive income | - |  | - |  | - |
Total comprehensive income | $ 10,810 |  | $ 13,220 |  | $ 1,115 |
Condensed Statements of Cash Flows
| Year Ended June 30,
(In Thousands) | 2012 |  | 2011 |  | 2010 |
Cash flows from operating activities: |  |  |  |  |  |
| Net income | $ 10,810 |  | $ 13,220 |  | $ 1,115 |
| Adjustments to reconcile net income to net cash |  |  |  |  |  |
| used for operating activities: |  |  |  |  |  |
| Equity in net earnings of the subsidiary | (11,237 | ) | (13,666 | ) | (1,469 | )
| (Increase) decrease in other assets | (49 | ) | 311 |  | 403 |
| (Decrease) increase in other liabilities | (6 | ) | 7 |  | (81 | )
| Net cash used for operating activities | (482 | ) | (128 | ) | (32 | )
Cash flow from investing activities: |  |  |  |  |  |
| Cash dividend received from the Bank | 8,000 |  | - |  | - |
| Capital contribution to the Bank | - |  | - |  | (12,000 | )
| Net cash (provided by) used for investing activities | 8,000 |  | - |  | (12,000 | )
Cash flow from financing activities: |  |  |  |  |  |
| ESOP loan payment | - |  | 2 |  | 4 |
| Exercise of stock options | 72 |  | - |  | - |
| Treasury stock purchases | (6,693 | ) | - |  | - |
| Cash dividends | (1,572 | ) | (456 | ) | (352 | )
| Proceeds from issuance of common stock | - |  | - |  | 11,933 |
| Net cash (used for) provided by financing activities | (8,193 | ) | (454 | ) | 11,585 |
Net decrease in cash and cash equivalents | (675 | ) | (582 | ) | (447 | )
Cash and cash equivalents at beginning of year | 2,643 |  | 3,225 |  | 3,672 |
Cash and cash equivalents at end of fiscal year | $ 1,968 |  | $ 2,643 |  | $ 3,225 |

X
- Details
Name: | fil_HoldingCompanyCondensedFinancialInformationAbstract
Namespace Prefix: | fil_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for condensed financial statements. + References No definition available. + Details
Name: | us-gaap_CondensedFinancialStatementsTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration