XML 19 R9.htm IDEA: XBRL DOCUMENT v3.22.0.1
Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 6 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Cash flows from operating activities:    
Net income $ 4,931 $ 2,661
Adjustments to reconcile net income to net cash provided by operating activities :    
Depreciation and amortization 2,818 2,796
(Recovery) provision for loan losses (1,406) 259
Stock-based compensation 417 490
Provision (benefit) for deferred income taxes 486 (344)
Increase in accounts payable, accrued interest and other liabilities 743 952
Increase in prepaid expenses and other assets (2,304) (81)
Net cash provided by operating activities 5,685 6,733
Cash flows from investing activities:    
Net (increase) decrease in loans held for investment (703) 46,464
Purchase of investment securities - held to maturity (15,204) (107,230)
Maturity of investment securities - held to maturity 400 600
Principal payments from investment securities - held to maturity 32,093 21,269
Principal payments from investment securities - available for sale 450 527
Purchase of premises and equipment (23) (207)
Net cash provided by (used for) investing activities 17,013 (38,577)
Cash flows from financing activities:    
Net increase in deposits 18,375 16,999
Repayments of long-term borrowings (20,983) (20,032)
Repayments of short-term borrowings, net 0 (5,000)
Treasury stock purchases (2,585) (36)
Withholding taxes on stock-based compensation 0 (37)
Cash dividends (2,095) (2,083)
Net cash used for financing activities (7,288) (10,189)
Net increase (decrease) in cash and cash equivalents 15,410 (42,033)
Cash and cash equivalents at beginning of year 70,270 116,034
Cash and cash equivalents at end of year 85,680 74,001
Supplemental information:    
Cash paid for interest 1,758 2,742
Cash paid for income taxes $ 1,625 $ 2,470