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Provident Financial Holdings, Inc. Condensed Consolidated Statements of Cash Flows (Unaudited) (USD $)
In Thousands, unless otherwise specified
6 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Cash flows from operating activities:    
Net income $ 4,172 $ 8,784
Adjustments to reconcile net income to net cash used for operating activities:    
Depreciation and amortization 792 732
Provision for loan losses 2,104 1,925
Provision for losses on real estate owned (673) 446
Gain on sale of loans, net (13,173) (18,779)
Net realized gain on sale of real estate owned 135 (488)
Stock-based compensation expense 833 433
ESOP expense   184
Decrease in current and deferred income taxes 2,193 1,682
Increase in cash surrender value of bank owned life insurance (95) (101)
Increase in accounts payable, accrued interest and other liabilities 1,680 580
(Increase) decrease in prepaid expenses and other assets 524 2,692
Loans originated for sale (1,197,004) (1,270,013)
Proceeds from sale of loans 1,177,706 1,295,963
Net cash used for operating activities (20,806) 24,040
Cash flows from investing activities:    
Net decrease in loans held for investment 25,527 52,588
Principal payments from investment securities available for sale 1,983 [1] 3,725 [1]
Proceeds from redemption of FHLB - San Francisco stock 2,391 2,446
Proceeds from sales of real estate owned 9,143 19,685
Purchase of premises and equipment (1,552) (390)
Net cash provided by investing activities 37,492 78,054
Cash flows from financing activities:    
Increase (decrease) in deposits, net 8,089 (6,353)
Proceeds from long-term borrowings   10,000
Repayments of long-term borrowings (30,025) (48,024)
ESOP loan payment   1
Cash dividends paid (686) (228)
Treasury Stock purchases (3,107)  
Net cash used for financing activities (25,729) (44,604)
Net decrease in cash and cash equivalents (9,043) 57,490
Cash and cash equivalents at beginning of year 142,550 96,201
Cash and cash equivalents at end of year 133,507 153,691
Supplemental information:    
Cash paid for interest 8,292 11,885
Cash paid for income taxes 900 5,005
Transfer of loans held for sale to loans held for investment 1,336  
Real estate acquired in the settlement of loans $ 12,085 $ 25,533
[1] Includes Mortgage Backed Securities held for sale.