| Dec'19 | Sep'18 | Sep'17 | Sep'16 | |||
|---|---|---|---|---|---|---|
Cash flows from operating activities: | ||||||
Net (loss) income | ||||||
355 | 449 | 1,365 | - | |||
Net (loss) income | ||||||
- | - | - | 1,157 | |||
Adjustments to reconcile net (loss) income to net cash (used in) provided by operating activities, net of effects of acquisition: | ||||||
Depreciation and amortization | ||||||
885 | 909 | - | - | |||
Stock-based compensation expense | ||||||
278 | 0 | - | - | |||
Provision for loan losses | ||||||
0 | 500 | 0 | - | |||
Depreciation and amortization | ||||||
- | - | 528 | 310 | |||
Deferred income tax | ||||||
145 | 1,436 | 51 | 694 | |||
ESOP expense | ||||||
122 | 138 | 157 | 0 | |||
Net gain on sale of investment securities available-for-sale | ||||||
147 | 0 | - | - | |||
Net loss (gain) on sale of other real estate owned | ||||||
21 | 11 | -32 | -107 | |||
Originations of loans held for sale | ||||||
0 | 1,183 | 1,604 | 2,743 | |||
Increase in cash surrender value of life insurance | ||||||
211 | 195 | 0 | - | |||
Proceeds from sales of loans held for sale | ||||||
0 | 1,300 | 1,959 | 2,271 | |||
Writedown on other real estate | ||||||
117 | 0 | - | - | |||
Change in: | ||||||
Accrued interest receivable and other assets | ||||||
-549 | 137 | -262 | 196 | |||
Accrued interest payable and other liabilities | ||||||
-436 | -762 | 354 | 326 | |||
Net cash (used in) provided by operating activities | ||||||
1,636 | 2,444 | 3,104 | - | |||
Cash flows from investing activities, net of effects of acquisition: | ||||||
Net cash used in operating activities | ||||||
- | - | - | 1,926 | |||
Purchases of investment securities available-for-sale | ||||||
- | - | 15,116 | 0 | |||
Purchases of premises and equipment | ||||||
377 | 1,288 | 4,342 | 381 | |||
Proceeds from disposal of premises and equipment | ||||||
0 | 0 | - | - | |||
Purchases of investment securities available-for-sale | ||||||
0 | 10,318 | - | - | |||
Proceeds from the sale of investment securities available-for-sale | ||||||
16,361 | 0 | - | - | |||
Proceeds from paydowns of investment securities available-for-sale | ||||||
1,596 | 2,070 | 773 | 0 | |||
Proceeds from maturity of investment securities held-to-maturity | ||||||
1,000 | 0 | - | - | |||
Purchases of Federal Home Loan Bank stock | ||||||
232 | 577 | - | - | |||
Proceeds from sales of Federal Home Loan Bank stock | ||||||
534 | 213 | - | - | |||
Proceeds from investment securities held-to-maturity | ||||||
- | - | 6,500 | 0 | |||
Purchases of other investments | ||||||
- | - | 11 | 3 | |||
Proceeds from sales of other investments | ||||||
- | - | 0 | - | |||
Net change in loans | ||||||
20,768 | 9,911 | 23,806 | 20,137 | |||
Purchase of bank owned life insurance | ||||||
0 | 7,000 | 0 | - | |||
Proceeds from sales of other real estate owned | ||||||
508 | 124 | 98 | 782 | |||
Net cash used in investing activities | ||||||
-1,378 | -26,687 | -35,904 | - | |||
Cash flows from financing activities, net of effects of acquisition: | ||||||
Net cash used in investing activities | ||||||
- | - | - | -19,739 | |||
Net change in demand and savings deposits | ||||||
19,000 | 21,774 | 12,914 | 5,012 | |||
Proceeds from stock offering | ||||||
- | - | 34,576 | 0 | |||
Stock offering expenses | ||||||
- | - | 1,485 | 0 | |||
Funding of ESOP | ||||||
- | - | 2,955 | 0 | |||
Purchase of treasury stock | ||||||
600 | 248 | 0 | - | |||
Proceeds from FHLB advances | ||||||
0 | 7,570 | 0 | - | |||
Repayment of FHLB advances | ||||||
7,570 | 0 | - | - | |||
Net cash provided by financing activities | ||||||
10,830 | 29,096 | 43,050 | - | |||
Net change in cash and cash equivalents | ||||||
11,088 | 4,853 | - | - | |||
Net cash provided by financing activities | ||||||
- | - | - | 5,012 | |||
Net change in cash and cash equivalents | ||||||
- | - | 10,250 | -12,801 | |||
Supplemental disclosures of cash flow information: | ||||||
Cash paid for interest | ||||||
2,262 | 1,528 | 1,082 | - | |||
Cash paid for interest | ||||||
- | - | - | 1,431 | |||
Cash paid for income taxes | ||||||
90 | 675 | 0 | 5 | |||
Supplemental disclosures of noncash investing activities: | ||||||
Other real estate owned acquired through foreclosures | ||||||
236 | 119 | 829 | 524 | |||
Change in unrealized gain (loss) on investment securities available-for-sale, net of tax | ||||||
450 | -752 | - | - | |||
Finance sales of other real estate owned | ||||||
- | - | 638 | 167 | |||