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Provident Financial Holdings, Inc. Consolidated Statements of Cash Flows - USD ($)
12 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2015
Cash flows from operating activities:      
Net income $ 5,207,000 $ 7,474,000 $ 9,803,000
Adjustments to reconcile net income to net cash provided by (used for) operating activities:      
Depreciation and amortization 2,640,000 1,909,000 1,857,000
Recovery from the allowance for loan losses (1,042,000) (1,715,000) (1,387,000)
Provision (recovery) of losses on real estate owned 440,000 (60,000) (10,000)
Gain on sale of loans, net (25,680,000) (31,521,000) (34,210,000)
Gain on sale of real estate owned, net (138,000) (52,000) (468,000)
Stock-based compensation 1,490,000 1,098,000 1,485,000
Provision for deferred income taxes 1,194,000 217,000 35,000
Tax effect from stock-based compensation (57,000) (222,000) (397,000)
Increase (decrease) in accounts payable, accrued interest and other liabilities 2,872,000 (476,000) 203,000
(Increase) decrease in prepaid expenses and other assets (1,521,000) 137,000 966,000
Loans originated for sale (1,913,038,000) (1,962,869,000) (2,480,715,000)
Proceeds from sale of loans 2,010,539,000 2,033,815,000 2,445,063,000
Net cash provided by (used for) operating activities 82,906,000 47,735,000 (57,775,000)
Cash flows from investing activities:      
Increase in loans held for investment, net (66,349,000) (32,123,000) (43,702,000)
Payments to Acquire Investments (35,302,000) (41,683,000) (200,000)
Proceeds from Maturities, Prepayments and Calls of Available-for-sale Securities 1,000,000 0 200,000
Payments to Acquire Investment Securities Held-for-sale 0 0 (250,000)
Proceeds from Sale and Maturity of Held-to-maturity Securities 13,134,000 2,328,000 0
Principal payments from investment securities held to maturity 15,100,000 4,800,000 2,300,000
Proceeds from Sale and Maturity of Available-for-sale Securities 1,950,000 2,500,000 2,338,000
Proceeds from Sale of Held-to-maturity Securities 147,000 0 0
Payments to Acquire Federal Home Loan Bank Stock (14,000) 0 (1,038,000)
Proceeds from sale of real estate owned 2,409,000 6,573,000 3,075,000
Purchase of premises and equipment (1,491,000) (1,517,000) (376,000)
Net cash used for investing activities (84,516,000) (63,922,000) (39,953,000)
Cash flows from financing activities:      
Increase in deposits, net 137,000 2,298,000 26,216,000
Proceeds from long-term borrowings 20,000,000 0 50,000,000
Repayments of long-term borrowings (73,000) (68,000) (64,000)
Employee Stock Ownership Plan (ESOP), Debt Structure, Direct Loan, Employer Cash Payments Used for Debt Service 15,000,000 0 0
Treasury stock purchases (8,714,000) (13,038,000) (12,680,000)
Proceeds from exercise of stock options 942,000 590,000 380,000
Tax effect from stock-based compensation 57,000 222,000 397,000
Cash dividends (4,119,000) (4,014,000) (4,055,000)
Net cash provided by (used for) financing activities 23,230,000 (14,010,000) 60,194,000
Net increase (decrease) in cash and cash equivalents 21,620,000 (30,197,000) (37,534,000)
Cash and cash equivalents at beginning of year 51,206,000 81,403,000 118,937,000
Cash and cash equivalents at end of year 72,826,000 51,206,000 81,403,000
Supplemental information:      
Cash paid for interest 6,645,000 6,985,000 6,291,000
Cash paid for income taxes 3,039,000 3,845,000 5,675,000
Transfer of loans held for sale to held for investment 3,776,000 4,889,000 4,534,000
Real estate acquired in the settlement of loans $ 1,845,000 $ 6,347,000 $ 3,044,000