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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Cash flows from operating activities:    
Net income $ 9,093 $ 7,561
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 4,849 6,266
Recovery from the allowance for loan losses (2,462) (708)
Stock-based compensation 798 1,303
Provision for deferred income taxes 1,140 481
Increase (decrease) in accounts payable, accrued interest and other liabilities 484 (658)
Increase in prepaid expenses and other assets (2,109) (2,672)
Net cash provided by operating activities 11,793 11,573
Cash flows from investing activities:    
(Increase) decrease in loans held for investment, net (88,320) 50,088
Purchase of investment securities - held to maturity (19,120) (158,984)
Maturity of investment securities - held to maturity 600 800
Principal payments from investment securities - held to maturity 54,530 51,544
Principal payments from investment securities - available for sale 813 1,090
Purchase of FHLB - San Francisco stock (84) (185)
Purchase of premises and equipment (165) (225)
Net cash used for investing activities (51,746) (55,872)
Cash flows from financing activities:    
Increase in deposits, net 17,531 45,004
Repayments of long-term borrowings (20,983) (35,064)
Proceeds from (repayment of) short-term borrowings, net 5,000 (5,000)
Treasury stock purchases (4,305) (2,336)
Proceeds from exercise of stock options   981
Withholding taxes on stock-based compensation   (877)
Cash dividends (4,146) (4,173)
Net cash used for financing activities (6,903) (1,465)
Net decrease in cash and cash equivalents (46,856) (45,764)
Cash and cash equivalents at beginning of year 70,270 116,034
Cash and cash equivalents at end of year 23,414 70,270
Supplemental information:    
Cash paid for interest 3,171 4,660
Cash paid for income taxes $ 2,725 $ 3,320