Note 21: Condensed Parent Company Only Financial Statements: Condensed Cash Flow Statement (Tables)

12 Months Ended

Jun. 30, 2013

Tables/Schedules

Condensed Cash Flow Statement

	Year ended June 30,
Condensed Statements of Cash Flow	2013	2012	2011
Cash Flows from operating activities:
Net income	$10,067,215	$10,098,263	$11,470,031
Changes in:
Equity in undistributed income of the Bank	(7,245,076)	(7,731,435)	(9,835,126)
Other adjustments, net	482,570	(476,769)	335,400
NET CASH PROVIDED BY OPERATING ACTIVITES	3,304,709	1,890,059	1,970,305
Cash flows from investing activities:
Proceeds from (investment in) loan participations	215,536	(6,721,160)	284,011
Investment in Bank subsidiary	(100)	-	(4,500,000)
NET CASH PROVIDED BY (USED IN) INVESTING ACTIVITIES	215,436	(6,721,160)	(4,215,989)
Cash flows from financing activities:
Proceeds from issuance of preferred stock	-	19,973,208	-
Proceeds from issuance of common stock	-	19,914,349	-
Dividends on preferred stock	(411,553)	(368,760)	(477,500)
Dividends on common stock	(1,974,924)	(1,283,928)	(1,004,749)
Exercise of stock options	100,518	22,845	82,730
Redemption of preferred stock	-	(9,550,000)	-
Investments in bank subsidiary	-	(9,350,000)	-
NET CASH (USED IN) PROVIDED BY FINANCING ACTIVITIES	(2,285,959)	19,357,714	(1,399,519)
Net increase (decrease) in cash and cash equivalents	1,234,186	14,526,613	(3,645,203)
Cash and cash equivalents at beginning of year	15,342,646	816,033	4,461,236
CASH AND CASH EQUIVALENTS AT END OF YEAR	$16,576,832	$15,342,646	$816,033