XML 19 R8.htm IDEA: XBRL DOCUMENT v3.23.3
Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 3 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Cash flows from operating activities:    
Net income $ 1,762 $ 2,090
Adjustments to reconcile net income to net cash provided by operating activities :    
Depreciation and amortization 757 889
Provision for credit losses 545  
Provision for credit losses   70
Stock-based compensation 49 212
Provision for deferred income taxes 96 383
Increase (decrease) in accounts payable, accrued interest and other liabilities 64 (1,492)
Decrease in prepaid expenses and other assets 91 110
Net cash provided by operating activities 3,364 2,262
Cash flows from investing activities:    
Net decrease (increase) in loans held for investment 3,562 (54,316)
Maturity of investment securities - held to maturity 0 200
Principal payments from investment securities - held to maturity 6,608 9,145
Principal payments from investment securities - available for sale 75 132
Purchase of premises and equipment (564) (212)
Net cash provided by (used for) investing activities 9,681 (45,051)
Cash flows from financing activities:    
Net (decrease) increase in deposits (19,440) 29,820
Proceeds from long-term borrowings 25,000 0
Repayments of long-term borrowings (10,000) (20,000)
(Repayments of) proceeds from short-term borrowings, net (15,000) 50,000
Treasury stock purchases (495) (724)
Cash dividends (981) (1,020)
Net cash (used for) provided by financing activities (20,916) 58,076
Net (decrease) increase in cash and cash equivalents (7,871) 15,287
Cash and cash equivalents at beginning of period 65,849 23,414
Cash and cash equivalents at end of period 57,978 38,701
Supplemental information:    
Cash paid for interest $ 3,808 $ 835