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Southern Missouri Bancorp, Inc. -- CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
12 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Jun. 30, 2012
Cash Flows From Operating Activities:      
NET INCOME $ 10,081,101 $ 10,067,215 $ 10,098,263
Items not requiring (providing) cash:      
Depreciation 1,511,051 1,151,199 937,647
Loss on disposal of fixed assets 168 100,895  
Stock option and stock grant expense 228,167 198,866 25,705
Loss (gain) on sale of foreclosed assets 31,500 69,346 (23,089)
Amortization of intangible assets 673,657 417,132 417,131
Amortization of purchase accounting adjustments on FHLB advances and subordinated debt (5,628)    
Increase in cash surrender value of bank owned life insurance (539,926) (509,543) (343,031)
Provision for loan losses and off-balance sheet credit exposures 1,645,619 1,716,050 1,784,715
Gains realized on sale of AFS securities (116,164)    
Net amortization (accretion) of premiums and discounts on securities 1,046,978 607,562 389,958
Originations of loans held for sale (9,402,903) (7,669,380) (8,345,902)
Proceeds from sales of loans held for sale 9,843,508 7,405,403 7,974,128
Gain on sales of loans held for sale (503,027) (302,538) (315,674)
Changes in:      
Accrued interest receivable 249,645 (275,353) 105,591
Prepaid expenses and other assets 459,149 1,383,306 1,098,761
Accounts payable and other liabilities (600,940) 762,306 (4,835,162)
Deferred income taxes (607,717) 230,386 (1,409,145)
Accrued interest payable (458,708) (97,131) (208,685)
NET CASH PROVIDED BY OPERATING ACTIVITIES 13,535,530 15,255,721 7,351,211
Cash flows from investing activities:      
Net increase in loans (104,280,456) (68,738,090) (28,632,405)
Net change in interest-bearing deposits   293,000 (481,000)
Proceeds from maturities of available for sale securities 13,041,069 33,198,504 39,251,480
Proceeds from sales of available for sale securities 38,050,398    
Net (purchases) redemptions of Federal Home Loan Bank stock (2,254,200) 11,600 351,000
Net purchases of Federal Reserve Bank of Saint Louis stock (419,300) (3,400) (282,300)
Purchases of available-for-sale securities (16,780,386) (40,087,044) (51,186,068)
Purchases of premises and equipment (5,680,891) (7,556,825) (4,227,182)
Purchases of bank owned life insurance     (7,500,000)
Net cash used in acquisitions (5,584,946)    
Investments in state & federal tax credits (3,588,425) (2,744,436) (686,109)
Proceeds from sale of fixed assets 849,548 135,961  
Proceeds from sale of foreclosed assets 943,770 2,177,725 783,889
NET CASH USED IN INVESTING ACTIVITIES (85,703,819) (83,313,005) (52,608,695)
Cash flows from financing activities:      
Net increase in demand deposits and savings accounts 20,942,373 6,637,811 57,996,020
Net increase (decrease) in certificates of deposits 90,793 40,927,498 (33,333,213)
Net (decrease) increase in securities sold under agreements to repurchase (3,326,781) 2,145,785 412,356
Proceeds from Federal Home Loan Bank advances 311,335,000 92,285,000  
Repayments of Federal Home Loan Bank advances (252,934,904) (92,285,000) (9,000,000)
Preferred stock issued     19,973,208
Redemption of preferred stock     (9,550,000)
Common stock issued     19,914,349
Exercise of stock options 523,992 100,518 22,845
Dividends paid on preferred stock (200,000) (411,553) (368,760)
Dividends paid on common stock (2,118,826) (1,974,924) (1,283,928)
NET CASH PROVIDED BY FINANCING ACTIVITIES 74,311,647 47,425,135 44,782,877
Increase (decrease) in cash and cash equivalents 2,143,358 (20,632,149) (474,607)
Cash and cash equivalents at beginning of period 12,788,950 33,421,099 33,895,706
Cash and cash equivalents at end of period 14,932,308 12,788,950 33,421,099
Noncash investing and financing activities:      
Conversion of loans to foreclosed real estate 418,000 3,690,950 1,149,502
Conversion of foreclosed real estate to loans 337,500 68,400 651,550
Conversion of loans to repossessed assets 79,328 264,627 148,720
Cash paid during the period for:      
Interest (net of interest credited) 2,997,745 2,504,600 2,862,935
Income taxes $ 3,513,000 $ 2,736,084 $ 6,946,830