NOTE 20: Condensed Parent Company Only Financial Statements: Parent Company Condensed Statements of Cash Flows (Tables)

12 Months Ended

Jun. 30, 2019

Tables/Schedules

Parent Company Condensed Statements of Cash Flows

	Year ended June 30,
(dollars in thousands)	2019	2018	2017
Condensed Statements of Cash Flow
Cash Flows from operating activities:
Net income	$               28,904	$               20,929	$               15,552
Changes in:
Equity in undistributed income of the Bank	(7,427)	(16,299)	(12,696)
Other adjustments, net	(635)	40	412
NET CASH PROVIDED BY OPERATING ACTIVITES	20,842	4,670	3,268
Cash flows from investing activities:
Investments in Bank subsidiaries	(10,747)	(3,488)	(11,062)
NET CASH USED IN INVESTING ACTIVITIES	(10,747)	(3,488)	(11,062)
Cash flows from financing activities:
Dividends on common stock	(4,763)	(3,827)	(2,981)
Exercise of stock options	-	172	61
Payments to acquire treasury stock	(1,166)	-	-
Proceeds from issuance of common stock	-	-	24,144
Proceeds from issuance of long term debt	-	-	15,000
Repayments of long term debt	(4,400)	-	(15,650)
Injection of capital to subsidiary	-	-	(6,000)
NET CASH (USED IN) PROVIDED BY FINANCING ACTIVITIES	(10,329)	(3,655)	14,574
Net increase (decrease) in cash and cash equivalents	(234)	(2,473)	6,780
Cash and cash equivalents at beginning of year	8,383	10,856	4,076
CASH AND CASH EQUIVALENTS AT END OF YEAR	$                 8,149	$                 8,383	$               10,856