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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Cash flows from operating activities:    
Net income $ 4,461 $ 4,931
Adjustments to reconcile net income to net cash provided by operating activities :    
Depreciation and amortization 1,636 2,818
Provision (recovery) for loan losses 261 (1,406)
Stock-based compensation 439 417
Provision for deferred income taxes 671 486
(Decrease) increase in accounts payable, accrued interest and other liabilities (1,458) 743
Increase in prepaid expenses and other assets (798) (2,304)
Net cash provided by operating activities 5,212 5,685
Cash flows from investing activities:    
Net increase in loans held for investment (101,105) (703)
Purchase of investment securities - held to maturity 0 (15,204)
Maturity of investment securities - held to maturity 400 400
Principal payments from investment securities - held to maturity 16,671 32,093
Principal payments from investment securities - available for sale 249 450
Purchase of premises and equipment (579) (23)
Net cash (used for) provided by investing activities (84,364) 17,013
Cash flows from financing activities:    
Net (decrease) increase in deposits (10,202) 18,375
Repayments of long-term borrowings (20,000) (20,983)
Proceeds from short-term borrowings, net 115,000 0
Treasury stock purchases (2,196) (2,585)
Cash dividends (2,024) (2,095)
Net cash provided by (used for) financing activities 80,578 (7,288)
Net increase in cash and cash equivalents 1,426 15,410
Cash and cash equivalents at beginning of period 23,414 70,270
Cash and cash equivalents at end of period 24,840 85,680
Supplemental information:    
Cash paid for interest 2,035 1,758
Cash paid for income taxes $ 1,650 $ 1,625