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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Dec. 31, 2020
Dec. 31, 2021
Dec. 31, 2020
Cash flows from operating activities      
Net income   $ 2,335 $ 2,046
Adjustments to reconcile net income to net cash provided by (used in) operating activities:      
(Recovery) provision for loan losses $ 32 (30) 98
Depreciation expense 219 470 528
Other accretion, net   (483) (1,534)
Deferred income taxes   204 903
Net gain on disposition of premises and equipment (454)   (469)
Amortization of core deposit intangibles 64 113 128
Amortization of ESOP   215  
Net (gain) loss on sale of securities 30 (62) 30
Unrealized gain on equity securities   (140)  
Earnings on bank-owned life insurance (98) (516) (210)
Decrease in pension liabilities     (2,735)
Other, net   338 (1,742)
Net cash provided by (used in) operating activities   2,444 (2,957)
Securities available for sale:      
Purchases   (22,687) (49,220)
Maturities, calls and principal paydowns   6,342 18,564
Proceeds from sale of securities 7,900 5,008 7,893
Securities held to maturity:      
Purchases   (106,967)  
Maturities, calls and principal paydowns   1,126  
Equity securities:      
Purchases   (2,500)  
Net decrease in loans receivable   5,026 14,792
Interest bearing time deposits:      
Purchases     (500)
Maturities and principal paydowns   750 500
Purchase of bank-owned life insurance   (2,000)  
Regulatory stock purchases   (1)  
Regulatory stock redemptions   393 1,067
Purchases of premises and equipment, net   (459) (537)
Proceeds from the sale of premises and equipment     2,661
Net cash used in investing activities   (115,969) (4,780)
Cash flows from financing activities      
Net increase in deposits   17,922 37,643
Repayment of borrowed funds   (7,000) (23,197)
Decrease in advances from borrowers for taxes and insurance   (943) (1,480)
Cash dividends   (4,551) (1,886)
Net cash provided by financing activities   5,428 11,080
Net (decrease) increase in cash and cash equivalents   (108,097) 3,343
Cash and cash equivalents - beginning   168,722 82,915
Cash and cash equivalents - ending $ 86,258 60,625 86,258
Supplementary cash flows information      
Interest paid   1,622 2,706
Income tax (refunds) payments   (666) 400
Operating lease right-of-use asset recorded   4,919 399
Operating lease liabilities recorded   $ 4,919 399
Premises transferred to held for sale     $ 3,199