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SOUTHERN MISSOURI BANCORP, INC. -- CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited)
$ in Thousands
6 Months Ended
Dec. 31, 2016
USD ($)
Dec. 31, 2015
USD ($)
Cash Flows From Operating Activities:    
Net income $ 7,885 $ 7,844
Items not requiring (providing) cash:    
Depreciation 1,507 1,139
(Gain) loss on disposal of fixed assets (9) 33
Stock option and stock grant expense 232 133
Amortization of intangible assets 456 569
Amortization of purchase accounting adjustments (577) (1,450)
Increase in cash surrender value of bank owned life insurance (420) (611)
(Gain) loss on sale of foreclosed assets (5) 70
Provision for loan losses 1,581 1,114
Net amortization of premiums and discounts on securities 526 400
Originations of loans held for sale (17,999) (10,781)
Proceeds from sales of loans held for sale 18,193 10,630
Gain on sales of loans held for sale (513) (287)
Changes in:    
Accrued interest receivable (1,279) (478)
Prepaid expenses and other assets 958 551
Accounts payable and other liabilities (1,100) (546)
Deferred income taxes 235 (640)
Accrued interest payable 43 (77)
Net cash provided by operating activities 9,714 7,613
Cash flows from investing activities:    
Net increase in loans (75,726) (26,154)
Net change in interest-bearing deposits 225 723
Proceeds from maturities of available for sale securities 13,371 8,271
Net redemptions of Federal Home Loan Bank stock 103 229
Net purchases of Federal Reserve Bank of Saint Louis stock (7)  
Purchases of available-for-sale securities (20,440) (8,124)
Purchases of premises and equipment (939) (6,951)
Investments in state & federal tax credits (1,661) (162)
Proceeds from sale of fixed assets 11  
Proceeds from sale of foreclosed assets 484 1,121
Proceeds from BOLI claim   549
Net cash used in investing activities (84,579) (30,498)
Cash flows from financing activities:    
Net increase in demand deposits and savings accounts 55,029 60,536
Net increase in certificates of deposits 36,172 1,548
Net decrease in securities sold under agreements to repurchase (4,543) (4,266)
Proceeds from Federal Home Loan Bank advances 336,055 247,950
Repayments of Federal Home Loan Bank advances (338,605) (253,650)
Exercise of stock options 61 36
Dividends paid on preferred stock   (135)
Dividends paid on common stock (1,491) (1,336)
Redemption of preferred stock   (20,000)
Net cash provided by financing activities 82,678 30,683
Increase in cash and cash equivalents 7,813 7,798
Cash and cash equivalents at beginning of period 22,554 16,775
Cash and cash equivalents at end of period 30,367 24,573
Noncash investing and financing activities:    
Conversion of loans to foreclosed real estate 472 281
Conversion of foreclosed real estate to loans 54 185
Conversion of loans to repossessed assets 44 141
Cash paid during the period for:    
Interest (net of interest credited) 1,930 1,652
Income taxes $ 2,582 $ 2,500