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Note 20: Condensed Parent Company Only Financial Statements: Condensed Statements of Cash Flow
12 Months Ended
Jun. 30, 2015
Notes  
Condensed Statements of Cash Flow
      
Year ended June 30,
 
Condensed Statements of Cash Flow
(dollars in thousands)
 
2015
   
2014
   
2013
 
Cash Flows from operating activities:
             
Net income
   
$
13,668
   
$
10,081
   
$
10,067
 
Changes in:
                         
Equity in undistributed income of the Bank
   
(1,342
)
   
(7,828
)
   
(7,245
)
Other adjustments, net
     
78
     
65
 
   
483
 
NET CASH PROVIDED BY OPERATING ACTIVITES
   
12,404
     
2,318
     
3,305
 
                           
Cash flows from investing activities:
                         
Proceeds from loan participations
   
2,593
     
3,913
     
215
 
Proceeds from sale of real estate
     
-
     
849
     
-
 
Purchases of premises and equipment
   
-
     
(3,257
)
   
-
 
Investments in Bank subsidiaries
     
(11,774
)
   
(11,988
)
   
-
 
Retirement of debt in acquisitions
   
(2,936
)
   
(692
)
   
-
 
Investments in state and federal tax credits
   
-
     
(225
)
   
-
 
NET CASH PROVIDED BY (USED IN) INVESTING ACTIVITIES
   
(12,117
)
   
(11,400
)
   
215
 
                           
Cash flows from financing activities:
                         
Dividends on preferred stock
     
(200
)
   
(200
)
   
(412
)
Dividends on common stock
     
(2,517
)
   
(2,119
)
   
(1,975
)
Exercise of stock options
     
332
     
524
     
101
 
Redemption of common stock warrants
     
(2,700
)
   
-
     
-
 
NET CASH (USED IN) PROVIDED BY FINANCING ACTIVITIES
   
(5,085
)
   
(1,795
)
   
(2,286
)
                           
Net increase (decrease) in cash and cash equivalents
   
(4,798
)
   
(10,877
)
   
1,234
 
Cash and cash equivalents at beginning of year
   
5,700
     
16,577
     
15,343
 
CASH AND CASH EQUIVALENTS AT END OF YEAR
 
$
902
   
$
5,700
   
$
16,577