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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Cash flows from operating activities:    
Net income $ 8,592 $ 9,093
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 3,188 4,849
Provision (recovery) for loan losses 374 (2,462)
Stock-based compensation 1,185 798
Provision for deferred income taxes 1,231 1,140
Increase in accounts payable, accrued interest and other liabilities 121 484
Decrease (increase) in prepaid expenses and other assets 1,634 (2,109)
Net cash provided by operating activities 16,325 11,793
Cash flows from investing activities:    
Increase in loans held for investment, net (138,970) (88,320)
Purchase of investment securities - held to maturity   (19,120)
Maturity of investment securities - held to maturity 400 600
Principal payments from investment securities - held to maturity 30,217 54,530
Principal payments from investment securities - available for sale 464 813
Purchase of FHLB - San Francisco stock (1,266) (84)
Purchase of premises and equipment (741) (165)
Net cash used for investing activities (109,896) (51,746)
Cash flows from financing activities:    
(Decrease) increase in deposits, net (4,933) 17,531
Proceeds from long-term borrowings 65,000  
Repayments of long-term borrowings (30,000) (20,983)
Proceeds from short-term borrowings, net 115,009 5,000
Treasury stock purchases (4,648) (4,305)
Withholding taxes on stock-based compensation (424)  
Cash dividends (3,998) (4,146)
Net cash provided by (used for) financing activities 136,006 (6,903)
Net increase (decrease) in cash and cash equivalents 42,435 (46,856)
Cash and cash equivalents at beginning of year 23,414 70,270
Cash and cash equivalents at end of year 65,849 23,414
Supplemental information:    
Cash paid for interest 7,480 3,171
Cash paid for income taxes $ 2,725 $ 2,725