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Provident Financial Holdings, Inc. Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
 9 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Cash flows from operating activities:    
Net income $ 731 $ 4,243
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 2,229 1,948
Recovery from the allowance for loan losses (347) (665)
Unrealized gain on real estate owned (552) 145
Gain on sale of loans, net (12,761) [1] (19,869) [2]
Loss (gain) on sale of real estate owned, net 564 (84)
Stock-based compensation 816 1,231
(Benefit) provision for deferred income taxes (28) 1,335
Tax effect from stock based compensation 0 (14)
Increase in accounts payable, accrued interest and other liabilities 3,294 1,507
Increase in prepaid expenses and other assets (482) (572)
Loans originated for sale (944,349) (1,507,162)
Proceeds from sale of loans 983,504 1,609,636
Net cash provided by operating activities 32,619 91,679
Cash flows from investing activities:    
Decrease (increase) in loans held for investment, net 8,956 (42,052)
Proceeds from Sale and Maturity of Held-to-maturity Securities 18,082 9,398
Principal payments from investment securities available for sale 19,335 10,832
Proceeds from Sale of Mortgage Backed Securities (MBS) categorized as Available-for-sale 1,252 1,434
Purchase of investment securities held to maturity 54,147 10,970
Proceeds from sale of real estate owned 2,223 1,497
Purchase of premises and equipment (2,713) (991)
Net cash used for investing activities (26,347) (41,684)
Cash flows from financing activities:    
(Decrease) increase in deposits, net (4,022) 11,922
Proceeds from (Repayments of) Short-term Debt (15,000) 0
Proceeds from Issuance of Long-term Debt 10,000 20,000
Repayments of long-term borrowings (10,050) (55)
Exercise of stock options 677 809
Payments Related to Tax Withholding for Share-based Compensation (318) (501)
Tax effect from stock based compensation 0 14
Cash dividends (3,184) (3,093)
Treasury stock purchases (6,627) (4,999)
Net cash (used for) provided by financing activities (28,524) 24,097
Net (decrease) increase in cash and cash equivalents (22,252) 74,092
Cash and cash equivalents at beginning of period 72,826 51,206
Cash and cash equivalents at end of period 50,574 125,298
Supplemental information:    
Cash paid for interest 4,816 5,043
Cash paid for income taxes 2,400 2,384
Transfer of loans held for sale to held for investment 1,122 2,280
Real estate acquired in the settlement of loans $ 1,659 $ 1,845
[1] Includes an inter-company charge of $182 credited to PBM by the Bank during the period to compensate PBM for servicing fees on loans sold on a servicing retained basis.
[2] Includes an inter-company charge of $216 credited to PBM by the Bank during the period to compensate PBM for servicing fees on loans sold on a servicing retained basis.