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SOUTHERN MISSOURI BANCORP, INC. -- CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited)
$ in Thousands
9 Months Ended
Mar. 31, 2016
USD ($)
Mar. 31, 2015
USD ($)
Cash Flows From Operating Activities:    
Net income $ 11,166 $ 10,103
Items not requiring (providing) cash:    
Depreciation 1,766 1,485
Loss on disposal of fixed assets 38  
Stock option and stock grant expense 145 99
Amortization of intangible assets 797 930
Amortization of purchase accounting adjustments (1,467) (1,986)
Increase in cash surrender value of bank owned life insurance (754) (426)
(Gain) loss on sales of foreclosed assets (93) 11
Provision for loan losses 1,677 2,526
Gains realized on sale of AFS securities   (6)
Net amortization of premiums and discounts on securities 600 687
Originations of loans held for sale (15,734) (11,176)
Proceeds from sales of loans held for sale 14,731 11,464
Gain on sales of loans held for sale (399) (473)
Changes in:    
Accrued interest receivable 433 390
Prepaid expenses and other assets 552 1,563
Accounts payable and other liabilities (944) (171)
Deferred income taxes 469 (744)
Accrued interest payable (58) 95
Net cash provided by operating activities 12,925 14,371
Cash flows from investing activities:    
Net increase in loans (41,210) (59,777)
Net change in interest-bearing deposits 972 8,907
Proceeds from maturities of available for sale securities 17,322 14,813
Proceeds from sales of available for sale securities   14,021
Net redemptions of Federal Home Loan Bank stock 584 1,361
Net purchases of Federal Reserve Bank of Saint Louis stock (3) (916)
Purchases of available-for-sale securities (16,532)  
Purchases of premises and equipment (8,749) (4,737)
Net cash received in acquisitions   3,221
Investments in state and federal tax credits (162)  
Proceeds from sales of fixed assets   14
Proceeds from sales of foreclosed assets 1,725 567
Proceeds from BOLI claim 549  
Net cash used in investing activities (45,504) (22,526)
Cash flows from financing activities:    
Net increase in demand deposits and savings accounts 68,186 37,577
Net (decrease) increase in certificates of deposits (1,139) 12,016
Net increase in securities sold under agreements to repurchase 4,243 2,399
Proceeds from Federal Home Loan Bank advances 267,650 244,960
Repayments of Federal Home Loan Bank advances (283,550) (281,160)
Exercise of stock options 99 265
Dividends paid on preferred stock (135) (150)
Dividends paid on common stock (2,005) (1,886)
Redemption of preferred stock (20,000)  
Net cash provided by financing activities 33,349 14,021
Increase in cash and cash equivalents 770 5,866
Cash and cash equivalents at beginning of period 16,775 14,932
Cash and cash equivalents at end of period 17,545 20,798
Noncash investing and financing activities:    
Conversion of loans to foreclosed real estate 296 903
Conversion of foreclosed real estate to loans 185 58
Conversion of loans to repossessed assets 168 98
Cash paid during the period for:    
Interest (net of interest credited) 2,317 2,043
Income taxes $ 3,420 $ 3,432