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Southern Missouri Bancorp, Inc. -- CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Jun. 30, 2013
Cash Flows From Operating Activities:      
NET INCOME $ 13,668 $ 10,081 $ 10,067
Items not requiring (providing) cash:      
Depreciation 1,988 1,511 1,151
Loss on disposal of fixed assets     101
Stock option and stock grant expense 344 228 199
Loss on sale of foreclosed assets 55 31 69
Amortization of intangible assets 1,253 674 417
Amortization of purchase accounting adjustments (2,527) (6)  
Increase in cash surrender value of bank owned life insurance (569) (540) (510)
Provision for loan losses and off-balance sheet credit exposures 3,185 1,646 1,716
Gains realized on sale of AFS securities (6) (116)  
Net amortization of premiums and discounts on securities 897 1,047 608
Originations of loans held for sale (16,557) (15,475) (7,669)
Proceeds from sales of loans held for sale 17,264 15,723 7,405
Gain on sales of loans held for sale (656) (503) (303)
Changes in:      
Accrued interest receivable (133) 250 (275)
Prepaid expenses and other assets 1,453 459 1,383
Accounts payable and other liabilities 659 (601) 762
Deferred income taxes (530) (608) 230
Accrued interest payable 130 (459) (97)
NET CASH PROVIDED BY OPERATING ACTIVITIES 19,918 13,342 15,254
Cash flows from investing activities:      
Net increase in loans (64,354) (104,088) (68,738)
Net change in interest-bearing deposits 9,661   293
Proceeds from maturities of available for sale securities 19,923 13,041 33,199
Proceeds from sales of available for sale securities 14,021 38,050  
Net redemptions (purchases) of Federal Home Loan Bank stock 1,370 (2,254) 12
Net purchases of Federal Reserve Bank of Saint Louis stock (916) (419) (3)
Purchases of available-for-sale securities (2,551) (16,780) (40,087)
Purchases of premises and equipment (7,476) (5,681) (7,557)
Net cash received in (paid for) acquisitions 3,221 (5,585)  
Investments in state & federal tax credits   (3,588) (2,744)
Proceeds from sale of fixed assets 14 849 136
Proceeds from sale of foreclosed assets 790 944 2,178
NET CASH USED IN INVESTING ACTIVITIES (26,297) (85,511) (83,311)
Cash flows from financing activities:      
Net increase in demand deposits and savings accounts 50,677 20,943 6,638
Net (decrease) increase in certificates of deposits (2,741) 91 40,927
Net increase (decrease) in securities sold under agreements to repurchase 1,771 (3,327) 2,146
Proceeds from Federal Home Loan Bank advances 335,560 311,335 92,285
Repayments of Federal Home Loan Bank advances (371,960) (252,935) (92,285)
Redemption of common stock warrants (2,700)    
Exercise of stock options 332 524 101
Dividends paid on preferred stock (200) (200) (412)
Dividends paid on common stock (2,517) (2,119) (1,975)
NET CASH PROVIDED BY FINANCING ACTIVITIES 8,222 74,312 47,425
Increase (decrease) in cash and cash equivalents 1,843 2,143 (20,632)
Cash and cash equivalents at beginning of period 14,932 12,789 33,421
Cash and cash equivalents at end of period 16,775 14,932 12,789
Noncash investing and financing activities:      
Conversion of loans to foreclosed real estate 1,317 418 3,691
Conversion of foreclosed real estate to loans 58 338 68
Conversion of loans to repossessed assets 128 79 265
Cash paid during the period for:      
Interest (net of interest credited) 2,634 2,998 2,505
Income taxes $ 4,429 $ 3,513 $ 2,736