Note 20: Condensed Parent Company Only Financial Statements: Condensed Cash Flow Statement (Tables)

12 Months Ended

Jun. 30, 2016

Tables/Schedules

Condensed Cash Flow Statement

(dollars in thousands)	Year ended June 30,
Condensed Statements of Cash Flow	2016	2015	2014
Cash Flows from operating activities:
Net income	$                 14,848	$                    13,668	$                10,081
Changes in:
Equity in undistributed income of the Bank	8,229	(1,342)	(7,828)
Other adjustments, net	401	78	65
NET CASH PROVIDED BY OPERATING ACTIVITES	23,478	12,404	2,318
Cash flows from investing activities:
Proceeds from loan participations	-	2,593	3,912
Proceeds from sale of real estate	2,407	-	850
Purchases of premises and equipment	-	-	(3,257)
Investments in Bank subsidiaries	-	(11,774)	(11,988)
Retirement of debt in acquisitions	-	(2,936)	(692)
Investments in state and federal tax credits	-	-	(225)
NET CASH PROVIDED BY (USED IN) INVESTING ACTIVITIES	2,407	(12,117)	(11,400)
Cash flows from financing activities:
Dividends on preferred stock	(135)	(200)	(200)
Dividends on common stock	(2,675)	(2,517)	(2,119)
Exercise of stock options	99	332	524
Redemption of common stock warrants	-	(2,700)	-
Redemption of preferred stock	(20,000)	-	-
NET CASH USED IN FINANCING ACTIVITIES	(22,711)	(5,085)	(1,795)
Net increase (decrease) in cash and cash equivalents	3,174	(4,798)	(10,877)
Cash and cash equivalents at beginning of year	902	5,700	16,577
CASH AND CASH EQUIVALENTS AT END OF YEAR	$                   4,076	$                         902	$                  5,700