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SOUTHERN MISSOURI BANCORP, INC. - CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) (USD $)
3 Months Ended
Sep. 30, 2011
Sep. 30, 2010
CASH FLOWS FROM OPERATING ACTIVITIES:  
Net income$ 2,850,392$ 1,302,592
Items not requiring (providing) cash:  
Depreciation214,363181,585
MRP and SOP expense5,5087,755
Amortization of intangible assets104,28373,035
Increase in cash surrender value of bank owned life insurance(71,553)(69,205)
Provision for loan losses516,683642,681
Net amortization of premiums and discounts on securities50,55845,785
Accrued interest receivable(502,260)(529,292)
Prepaid expenses and other assets210,029229,657
Accounts payable and other liabilities(1,926,929)258,819
Accrued interest payable(8,452)28,029
Net cash provided by operating activities1,368,6392,145,313
CASH FLOWS FROM INVESTING ACTIVITIES:  
Net increase in loans(7,928,546)(17,500,109)
Proceeds from maturities of available for sale securities6,058,9089,648,873
Purchases of available-for-sale securities(7,054,020)(7,379,701)
Purchases of premises and equipment(606,015)(86,876)
Proceeds from sale of fixed assets186,075 
Proceeds from sale of foreclosed assets 27,500
Net cash used in investing activities(9,343,598)(15,191,313)
CASH FLOWS FROM FINANCING ACTIVITIES:  
Net increase in demand deposits and savings accounts17,216,2351,909,722
Net increase in certificates of deposits1,460,53311,091,487
Net increase (decrease) in securities sold under agreements to repurchase144,920(1,232,576)
Redemption of preferred stock(9,550,000) 
Issuance of preferred stock19,973,208 
Dividends paid on preferred stock(87,542)(369,932)
Dividends paid on common stock(251,877) 
Exercise of stock options15,230 
Net cash provided by financing activities28,920,70711,398,701
Increase (decrease) in cash and cash equivalents20,945,748(1,647,299)
Cash and cash equivalents at beginning of period33,895,70633,383,278
Cash and cash equivalents at end of period54,841,45431,735,979
Noncash investing and financing activities:  
Interest (net of interest credited)635,000757,000
Income taxes$ 2,832,000$ 26,000