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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
9 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Cash Flows From Operating Activities:    
Net Income $ 33,491 $ 20,644
Items not requiring (providing) cash:    
Depreciation 3,030 2,841
Loss on disposal of fixed assets 27 295
Stock option and stock grant expense 513 471
Loss on sale/write-down of REO 60 223
Amortization of intangible assets 1,057 1,322
Accretion of purchase accounting adjustments (1,078) (1,144)
Increase in cash surrender value of bank owned life insurance (BOLI) (1,524) (755)
Provision for credit losses 1,591 4,134
Net amortization of premiums and discounts on securities 1,349 896
Gain on sale of AFS securities (90)  
Originations of loans held for sale (131,889) (25,705)
Proceeds from sales of loans held for sale 129,637 24,826
Gain on sales of loans held for sale (3,449) (653)
Changes in:    
Accrued interest receivable 2,086 435
Prepaid expenses and other assets 2,562 310
Accounts payable and other liabilities (3,611) 557
Deferred income taxes (429) 19
Accrued interest payable (728) (346)
Net cash provided by operating activities 32,605 28,370
Cash flows from investing activities:    
Net decrease (increase) in loans 2,478 (123,999)
Net change in interest-bearing deposits (6) (3)
Proceeds from maturities of available for sale securities 48,668 34,587
Proceeds from sales of AFS securities 16,284  
Net redemptions (purchases) of Federal Home Loan Bank stock 227 (3,469)
Net purchases of Federal Reserve Bank of St. Louis stock (655) (3)
Purchases of available-for-sale securities (82,725) (50,207)
Purchases of premises and equipment (1,389) (3,409)
Investments in state & federal tax credits (1,682) (4,840)
Proceeds from sale of fixed assets 72 276
Proceeds from sale of foreclosed assets 978 1,317
Proceeds from BOLI claims 1,351  
Net cash used in investing activities (16,399) (149,750)
Cash flows from financing activities:    
Net increase in demand deposits and savings accounts 265,514 103,450
Net decrease in certificates of deposits (81,572) (25,439)
Net decrease in securities sold under agreements to repurchase   (4,376)
Proceeds from Federal Home Loan Bank advances 110,100 521,200
Repayments of Federal Home Loan Bank advances (117,386) (442,835)
Purchase of treasury stock (6,040) (5,771)
Dividends paid on common stock (4,171) (4,144)
Net cash provided by financing activities 166,445 142,085
Increase in cash and cash equivalents 182,651 20,705
Cash and cash equivalents at beginning of period 54,245 35,400
Cash and cash equivalents at end of period 236,896 56,105
Noncash investing and financing activities:    
Conversion of loans to foreclosed real estate 721 1,035
Conversion of loans to repossessed assets 428 191
Right of use assets obtained in exchange for lease obligations: Operating Leases 599 1,996
Cash paid during the period for:    
Interest (net of interest credited) 2,129 3,084
Income taxes $ 7,736 $ 1,541