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

12 Months Ended

Jun. 30, 2017

Tables/Schedules

Condensed Cash Flow Statement

(dollars in thousands)	Year ended June 30,
Condensed Statements of Cash Flow	2017	2016	2015
Cash Flows from operating activities:
Net income	$  15,552	$  14,848	$     13,668
Changes in:
Equity in undistributed income of the Bank	(12,696)	8,229	(1,342)
Other adjustments, net	412	401	78
NET CASH PROVIDED BY OPERATING ACTIVITES	3,268	23,478	12,404
Cash flows from investing activities:
Proceeds from loan participations	-	-	2,593
Proceeds from sale of real estate	-	2,407	-
Investments in Bank subsidiaries	(11,062)	-	(11,774)
Retirement of debt in acquisitions	-	-	(2,936)
NET CASH PROVIDED BY (USED IN) INVESTING ACTIVITIES	(11,062)	2,407	(12,117)
Cash flows from financing activities:
Dividends on preferred stock	-	(135)	(200)
Dividends on common stock	(2,981)	(2,675)	(2,517)
Exercise of stock options	61	99	332
Redemption of common stock warrants	-	-	(2,700)
Redemption of preferred stock	-	(20,000)	-
Proceeds from issuance of common stock	24,144	-	-
Proceeds from issuance of long term debt	15,000	-	-
Repayments of long term debt	(15,650)	-	-
Injection of capital to subsidiary	(6,000)	-	-
NET CASH USED IN FINANCING ACTIVITIES	14,574	(22,711)	(5,085)
Net increase (decrease) in cash and cash equivalents	6,780	3,174	(4,798)
Cash and cash equivalents at beginning of year	4,076	902	5,700
CASH AND CASH EQUIVALENTS AT END OF YEAR	$  10,856	$    4,076	$       902