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Provident Financial Holdings, Inc. Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Cash flows from operating activities:    
Net income $ 4,919 $ 7,318
Adjustments to reconcile net income to net cash provided by (used for) operating activities:    
Depreciation and amortization 1,332 1,479
Recovery from the allowance for loan losses (1,094) (1,283)
Unrealized gain on real estate owned (80) (10)
Gain on sale of loans, net (22,113) (25,448)
Gain on sale of real estate owned, net (12) (101)
Stock-based compensation 840 904
(Benefit) provision for deferred income taxes (188) (60)
Tax effect from stock based compensation (212) 11
Increase in accounts payable and other liabilities 420 1,650
Increase in prepaid expenses and other assets (701) 1,511
Loans originated for sale (1,405,671) (1,760,039)
Proceeds from sale of loans 1,471,958 1,634,865
Net cash provided by (used for) operating activities 49,398 (139,203)
Cash flows from investing activities:    
Decrease (increase) in loans held for investment, net 3,015 (48,647)
Principal payments from investment securities available for sale 2,409 1,628
Purchase of investment securities held to maturity (20,769) 0
Purchase of investment securities available for sale 0 (250)
Payments to Acquire Federal Home Loan Bank Stock 0 676
Proceeds from sale of real estate owned 4,971 1,474
Purchase of premises and equipment (698) (334)
Net cash used for investing activities (11,072) (46,805)
Cash flows from financing activities:    
Increase in deposits, net 2,979 20,030
Proceeds from (Repayments of) Short-term Debt 0 60,000
Proceeds from Issuance of Long-term Debt 0 30,000
Repayments of long-term borrowings (50) (47)
Exercise of stock options 569 28
Tax effect from stock based compensation 212 (11)
Cash dividends (3,041) (3,014)
Treasury stock purchases (8,917) (9,240)
Net cash (used for) provided by financing activities (8,248) 97,746
Net increase (decrease) in cash and cash equivalents 30,078 (88,262)
Cash and cash equivalents at beginning of period 81,403 118,937
Cash and cash equivalents at end of period 111,481 30,675
Supplemental information:    
Cash paid for interest 5,306 4,629
Cash paid for income taxes 3,845 3,875
Transfer of loans held for sale to held for investment 3,758 2,824
Real estate acquired in the settlement of loans $ 5,083 $ 2,572