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

12 Months Ended

Jun. 30, 2018

Parent Company

Condensed Cash Flow Statement

(dollars in thousands)	Year ended June 30,
Condensed Statements of Cash Flow	2018	2017	2016
Cash Flows from operating activities:
Net income	$                 20,929	$                    15,552	$                14,848
Changes in:
Equity in undistributed income of the Bank	(16,299)	(12,696)	8,229
Other adjustments, net	40	412	401
NET CASH PROVIDED BY OPERATING ACTIVITES	4,670	3,268	23,478
Cash flows from investing activities:
Proceeds from sale of real estate	-	-	2,407
Investments in Bank subsidiaries	(3,488)	(11,062)	-
NET CASH PROVIDED BY (USED IN) INVESTING ACTIVITIES	(3,488)	(11,062)	2,407
Cash flows from financing activities:
Dividends on preferred stock	-	-	(135)
Dividends on common stock	(3,827)	(2,981)	(2,675)
Exercise of stock options	172	61	99
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 PROVIDED BY (USED IN) FINANCING ACTIVITIES	(3,655)	14,574	(22,711)
Net increase (decrease) in cash and cash equivalents	(2,473)	6,780	3,174
Cash and cash equivalents at beginning of year	10,856	4,076	902
CASH AND CASH EQUIVALENTS AT END OF YEAR	$                   8,383	$                    10,856	$                  4,076