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Southern Missouri Bancorp, Inc. -- Consolidated Statements of Cash Flows (USD $)
12 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Jun. 30, 2010
Cash Flows From Operating Activities:      
Net income $ 10,098,263 $ 11,470,031 $ 4,625,588
Items not requiring (providing) cash:      
Depreciation 937,647 733,131 709,981
Loss on disposal of fixed assets     280,521
Stock option and stock grant expense 25,705 64,742 22,973
(Gain) loss on sale of foreclosed assets (23,089) 71,964 84,324
Amortization of intangible assets 417,131 354,636 289,066
Increase in cash surrender value of bank owned life insurance (343,031) (277,540) (273,074)
Provision for loan losses 1,784,715 2,384,799 924,933
Amortization of premiums and discounts on securities 389,958 258,606 200,952
Bargain purchase gain on acquisition   (6,996,750)  
(Increase) decrease deferred income taxes (1,220,465) 1,507,621 (541,000)
Changes in:      
Accrued interest receivable 105,591 100,525 (261,572)
Prepaid expenses and other assets 1,098,761 662,040 (1,090,179)
Accounts payable and other liabilities (5,023,842) 4,248,091 (26,288)
Accrued interest payable (208,685) (107,241) (192,688)
NET CASH PROVIDED BY OPERATING ACTIVITES 8,038,659 14,474,655 4,753,597
Cash flows from investing activities:      
Net cash received in acquisitions   38,249,286 9,713,304
Net increase in loans (29,319,853) (26,806,328) (37,503,820)
Net change in interest-bearing deposits (481,000) 297,000 (1,089,000)
Proceeds from maturities of available for sale securities 39,251,480 26,595,224 16,631,759
Purchases of available-for-sale securities (51,186,068) (23,303,316) (21,270,406)
Redemption of Federal Home Loan Bank stock 351,000 1,020,900 1,970,700
Purchases of Federal Reserve Bank of Saint Louis stock (282,300) (135,650) (583,100)
Purchases of premises and equipment (4,227,182) (1,139,257) (1,131,254)
Proceeds from sale of fixed assets     2,006,263
Purchase of bank owned life insurance (7,500,000)    
Investments in state and federal tax credits (686,109) (2,138,984) (1,250,000)
Proceeds from sale of foreclosed and repossessed property 783,889 724,667 1,296,410
NET CASH (USED IN) PROVIDED BY INVESTING ACTIVITIES (53,296,143) 13,363,542 (31,209,144)
Cash flows from financing activities:      
Net increase in transaction and savings accounts 57,996,020 39,133,943 74,540,768
Net (decrease) increase in certificates of deposits (33,333,213) (32,714,693) 7,332,057
Net increase (decrease) in securities sold under agreements to repurchase 412,356 (5,138,697) 6,621,191
Proceeds from Federal Home Loan Bank advances     30,950,000
Repayments of Federal Home Loan Bank advances (9,000,000) (27,206,803) (66,200,000)
Preferred stock issued 19,973,208    
Redemption of preferred stock (9,550,000)    
Common stock issued 19,914,349    
Dividends paid on preferred stock (368,760) (477,500) (477,500)
Dividends paid on common stock (1,283,928) (1,004,749) (1,002,156)
Exercise of stock options 22,845 82,730  
NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES 44,782,877 (27,325,769) 51,764,360
(Decrease) increase in cash and cash equivalents (474,607) 512,428 25,308,813
Cash and cash equivalents at beginning of year 33,895,706 33,383,278 8,074,465
Cash and cash equivalents at end of year 33,421,099 33,895,706 33,383,278
Supplemental disclosures of cash flow information:      
Conversion of loans to foreclosed real estate 1,149,502 896,875 1,925,854
Conversion of loans to foreclosed real estate loans 651,550 157,500 196,944
Conversion of loans to repossessed assets 148,720 396,229 255,620
Cash paid during the period for:      
Interest (net of interest credited) 2,862,935 3,079,647 4,142,105
Income taxes $ 6,801,570 $ 1,947,171 $ 1,598,000