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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Cash Flows From Operating Activities:    
Net Income $ 15,545 $ 14,254
Items not requiring (providing) cash:    
Depreciation 1,870 1,614
Gain (Loss) on Disposal of Fixed Assets 331 8
Stock Option and Stock Grant Expense 109 126
(Loss) gain on sale/write-down of REO (47) 132
Amortization of intangible assets 882 770
Amortizataion of Purchase Accounting Adjustments (919) (1,629)
Increase in cash surrender value of bank owned life insurance (BOLI) (507) (840)
Provision for loan losses 1,284 995
Net amortization of premiums and discounts on securities 594 452
Originations of loans held for sale (17,504) (14,689)
Proceeds from sales of loans held for sale 17,696 14,934
Gain (loss) on Loans Held for Sale (476) (320)
Changes in:    
Accrued interest receivable (1,103) (1,071)
Prepaid expenses and other assets (781) 2,540
Accounts payable and other liabilities 853 (512)
Deferred income taxes 13 (188)
Accrued interest payable (174) 364
Net cash provided by operating activities 17,666 16,940
Cash flows from investing activities:    
Net increase in loans (77,289) (94,716)
Net change in interest-bearing deposits (2) 242
Proceeds from maturities of available for sale securities 21,740 13,650
Net purchases of Federal Home Loan Bank stock 0 (2,617)
Net purchases of Federal Reserve Bank of St. Louis stock (2,939) 0
Purchases of available-for-sale securities (32,130) (10,017)
Purchases of premises and equipment (2,647) (5,381)
Net cash paid for acquisition 0 (8,377)
Investments in state & federal tax credits (599) (231)
Proceeds from sale of fixed assets 155 0
Proceeds from sale of foreclosed assets 999 1,753
Net cash used in investing activities (92,712) (105,150)
Cash flows from financing activities:    
Net (decrease) increase in certificates of deposits (16,605) 109,146
Net (decrease) increase in securities sold under agreements to repurchase (4,376) 1,158
Proceeds from Federal Home Loan Bank advances 313,850 327,500
Repayments of Federal Home Loan Bank advances (244,174) (267,107)
Net increase (decrease) in demand deposits and savings accounts 37,571 (63,690)
Proceeds from issuance of long term debt 0 (4,400)
Purchase of Treasury Stock (2,814) 0
Dividends paid on common stock (2,763) (2,339)
Net cash provided by financing activities 80,689 100,268
Increase in cash and cash equivalents 5,643 12,058
Cash and cash equivalents at beginning of period 35,400 26,326
Cash and cash equivalents at end of period 41,043 38,384
Noncash investing and financing activities:    
Conversion of Loans to Foreclosed Real Estate 365 1,623
Conversion of Loans to Repossessed Assets 59 20
Right of use assets obtained in exchange for lease obligations: Operating Leases 1,996 0
Fair value of assets acquired 0 216,772
Less: common stock issued 0 10,757
Cash paid for the capital stock 0 11,271
Liabilities assumed 0 194,744
Cash paid during the period for:    
Interest (net of interest credited) 2,223 2,539
Income taxes $ 711 $ 795