| Sep'19 | Sep'18 | Sep'17 | Sep'16 | Sep'15 | Sep'14 | Sep'13 | Sep'12 | Sep'11 | Sep'10 |
|---|---|---|---|---|---|---|---|---|---|
CASH FLOWS FROM OPERATING ACTIVITIES | |||||||||
Net income | |||||||||
16,995 | 12,336 | 9,313 | 7,911 | - | - | - | - | - | - |
Net income | |||||||||
- | - | - | - | 6,751 | 5,390 | 4,696 | 4,287 | 4,014 | 2,629 |
Adjustments to reconcile net income to net cash used in operating activities: | |||||||||
Provision for loan losses | |||||||||
1,463 | 1,353 | 1,301 | 637 | 859 | 1,246 | 1,858 | 1,532 | 1,605 | 1,604 |
Depreciation and amortization | |||||||||
1,684 | 1,373 | 1,164 | 1,461 | 1,452 | 1,445 | 1,241 | 996 | 903 | 1,172 |
Amortization of premiums and accretion of discounts on securities, net | |||||||||
-477 | -235 | -702 | -553 | -679 | -643 | -615 | -384 | 126 | -51 |
Decrease in trading account securities | |||||||||
0 | -7,175 | -2,080 | 211 | 3,725 | 2,109 | -352 | 3,562 | 0 | - |
Amortization and accretion of fair value adjustments on loans, net | |||||||||
664 | 517 | 10 | -171 | - | - | - | - | - | - |
Loans originated for sale | |||||||||
939,608 | 115,065 | 89,738 | 27,572 | 16,980 | 8,458 | 16,435 | 10,087 | 9,839 | 9,289 |
Proceeds on sales of loans | |||||||||
904,692 | 115,980 | 75,638 | 28,797 | 11,324 | 8,863 | 17,189 | 9,641 | 13,229 | 7,848 |
Net realized and unrealized gain on loans held for sale | |||||||||
29,753 | 7,080 | 4,734 | 1,145 | 824 | 287 | 510 | 197 | 288 | 131 |
Net realized and unrealized gain on other real estate owned | |||||||||
78 | 215 | 170 | 49 | 1 | -73 | 42 | -39 | -223 | - |
Net gain on sales of available for sale securities and time deposits | |||||||||
-74 | 99 | 30 | - | - | - | - | - | - | - |
Net gain on equity securities | |||||||||
5 | 0 | 0 | - | - | - | - | - | - | - |
Net (gain) loss on sales of available for sale securities | |||||||||
- | - | - | 0 | 0 | - | - | - | - | - |
Other than temporary impairment loss on securities | |||||||||
0 | 95 | 0 | 0 | - | - | - | - | - | - |
Gain on life insurance | |||||||||
0 | 0 | 189 | - | - | - | - | - | - | - |
Other than temporary impairment loss on securities | |||||||||
- | - | - | - | - | - | - | - | - | 60 |
Unrealized loss on derivative contract | |||||||||
- | - | - | - | - | - | 0 | -39 | -27 | -124 |
Net realized and unrealized loss on foreclosed real estate | |||||||||
- | - | - | - | - | - | - | - | - | 30 |
Net gain on sales of available for sale securities | |||||||||
- | - | - | - | - | 123 | 1 | 30 | 104 | 153 |
Gain on life insurance | |||||||||
- | - | - | 0 | 831 | 0 | - | - | - | - |
Gain on life insurance | |||||||||
- | - | - | - | - | - | 0 | 324 | 0 | 95 |
Increase in cash surrender value of life insurance | |||||||||
580 | 430 | 433 | 448 | 479 | 496 | 387 | 289 | 314 | - |
Net (gain) loss on sale of premises and equipment | |||||||||
31 | 25 | 38 | 2,030 | 0 | - | - | - | - | - |
(Income) loss on tax credit investment | |||||||||
-210 | -585 | 226 | 4,236 | - | - | - | - | - | - |
Increase in cash surrender value of life insurance | |||||||||
- | - | - | - | - | - | - | - | - | 259 |
Deferred income taxes | |||||||||
507 | 235 | 1,836 | -2,431 | -36 | 150 | 513 | 160 | 565 | 251 |
Stock compensation expense | |||||||||
246 | 217 | 176 | 628 | - | - | - | - | - | - |
ESOP and stock compensation expense | |||||||||
- | - | - | - | 1,108 | 1,127 | 1,063 | 664 | 677 | 532 |
Increase in accrued interest receivable | |||||||||
754 | 562 | 592 | 151 | 144 | 120 | -21 | 144 | -194 | 292 |
Increase (decrease) in accrued interest payable | |||||||||
192 | 459 | 88 | 9 | 11 | -9 | -52 | -185 | -28 | -89 |
Change in other assets and liabilities, net | |||||||||
-628 | -3,085 | -1,181 | 1,001 | -273 | -793 | -1,801 | -1,404 | -269 | -909 |
Net Cash Used In Operating Activities | |||||||||
-44,725 | 17,965 | -2,229 | 9,365 | -563 | - | 11,922 | 4,328 | 11,007 | 4,842 |
CASH FLOWS FROM INVESTING ACTIVITIES | |||||||||
Net Cash Provided By (Used In) Operating Activities | |||||||||
- | - | - | - | - | 8,128 | - | - | - | - |
Investment in interest-bearing time deposits | |||||||||
-1,085 | -980 | -455 | -245 | -1,600 | 0 | - | - | - | - |
Proceeds from sales and maturities of interest-bearing time deposits | |||||||||
838 | 4,734 | 1,120 | 245 | - | - | - | - | - | - |
Proceeds from maturities of interest-bearing time deposits | |||||||||
- | - | - | - | 0 | - | - | - | - | - |
Investment in interest-bearing time deposits | |||||||||
- | - | - | - | - | - | 1,500 | 0 | - | - |
Purchase of securities available for sale | |||||||||
24,448 | 50,020 | 32,005 | 15,659 | 23,669 | 41,765 | 50,951 | 76,777 | 48,970 | 102,762 |
Proceeds from sales of securities available for sale | |||||||||
13,948 | 58,116 | 4,255 | 0 | 0 | 808 | 801 | 2,265 | 7,095 | 23,910 |
Proceeds from maturities of securities available for sale | |||||||||
7,710 | 2,625 | 3,665 | 6,725 | 11,227 | 9,660 | 12,223 | 12,698 | 25,908 | 32,605 |
Proceeds from maturities of securities held to maturity | |||||||||
240 | 227 | 208 | 1,381 | 666 | 698 | 767 | 620 | 365 | - |
Principal collected on securities | |||||||||
18,180 | 16,875 | 17,103 | - | - | - | - | - | - | - |
Principal collected on securities | |||||||||
- | - | - | 14,894 | 18,814 | 14,219 | 19,910 | 22,125 | 12,108 | 15,722 |
Net increase in loans | |||||||||
108,847 | 85,798 | 71,583 | 52,721 | 24,519 | 27,775 | 21,670 | 4,732 | 14,540 | -7,856 |
Purchase of Federal Reserve Bank stock | |||||||||
634 | 0 | 0 | - | 945 | 0 | 100 | 1,000 | 351 | - |
Proceeds from redemption of Federal Reserve Bank stock | |||||||||
0 | 21 | 0 | 0 | 1,275 | - | - | - | - | - |
Purchase of Federal Home Loan Bank stock | |||||||||
2,785 | 2,562 | 0 | - | - | - | - | - | - | - |
Investment in cash surrender value of life insurance | |||||||||
6,000 | 0 | 0 | - | - | 5,000 | 4,000 | 0 | - | 4,200 |
Purchase of Federal Home Loan Bank stock | |||||||||
- | - | - | 216 | 533 | 1,017 | - | - | - | - |
Proceeds from life insurance | |||||||||
0 | 540 | 0 | 1,564 | 425 | 0 | 606 | 0 | - | 251 |
Investment in historic tax credit entity | |||||||||
0 | 0 | 344 | 3,285 | 417 | 0 | - | - | - | - |
Proceeds from redemption of Federal Home Loan Bank stock | |||||||||
- | - | - | - | - | - | - | - | 121 | - |
Proceeds from sale of other real estate owned | |||||||||
178 | 606 | 208 | 472 | 809 | 778 | 1,146 | 468 | 1,200 | 970 |
Investment in real estate development and construction | |||||||||
- | - | - | - | 73 | - | - | - | - | - |
Investment in real estate development and construction | |||||||||
- | - | - | - | - | 216 | 2,727 | 4,538 | 0 | - |
Purchase of premises and equipment | |||||||||
9,496 | 1,594 | 426 | 353 | 475 | 342 | 4,745 | 856 | 1,562 | 454 |
Proceeds from sales of premises and equipment | |||||||||
74 | 51 | 19 | 1,866 | 0 | - | - | - | - | - |
Net Cash Used In Investing Activities | |||||||||
- | - | - | - | - | -49,952 | - | - | - | - |
Net cash received in the acquisition of Dearmin Bancorp and FNBO | |||||||||
0 | 6,667 | 0 | 0 | - | - | 0 | 80,632 | 0 | - |
Net Cash Used In Investing Activities | |||||||||
-112,127 | -50,492 | -78,235 | -45,332 | -19,015 | - | -50,240 | 30,905 | -18,626 | -26,102 |
CASH FLOWS FROM FINANCING ACTIVITIES | |||||||||
Net increase in deposits | |||||||||
23,272 | 49,965 | 89,915 | 46,170 | 103 | 55,468 | -16,508 | -9,933 | 21,465 | 15,345 |
Net decrease in federal funds purchased | |||||||||
-4,000 | 0 | 0 | - | - | - | - | - | - | 1,180 |
Net increase in repurchase agreements | |||||||||
-1,352 | 4 | 3 | 3 | 4 | 3 | 6 | -15,074 | -418 | -418 |
Increase (decrease) in Federal Home Loan Bank line of credit | |||||||||
12,544 | -18,065 | -3,568 | 6,766 | 5,319 | 200 | 9,348 | 0 | -6,922 | 6,261 |
Proceeds from Federal Home Loan Bank advances | |||||||||
310,000 | 224,500 | 15,000 | 35,000 | 300,000 | 372,000 | 130,000 | 100,000 | 128,000 | 98,439 |
Repayment of Federal Home Loan Bank advances | |||||||||
190,000 | 234,500 | 15,000 | 25,000 | 280,000 | 382,000 | 103,062 | 100,075 | 135,100 | 93,314 |
Net proceeds from subordinated note | |||||||||
0 | 19,661 | 0 | 0 | - | - | - | - | - | - |
Proceeds from other long-term debt | |||||||||
- | - | - | - | - | - | 2,868 | 2,132 | 0 | - |
Repayment of other long-term debt | |||||||||
- | - | - | 4,632 | 180 | 161 | 27 | 0 | - | - |
Net increase in advance payments by borrowers for taxes and insurance | |||||||||
688 | 6 | 198 | 131 | 135 | 41 | - | - | - | - |
Redemption of preferred stock | |||||||||
- | - | - | 17,120 | 0 | - | - | - | - | - |
Proceeds from the issuance of preferred stock | |||||||||
- | - | - | - | - | - | - | - | 17,120 | - |
Proceeds from exercise of stock options | |||||||||
408 | 362 | 62 | 169 | 159 | 146 | - | - | 46 | - |
Taxes paid on stock award shares for employees | |||||||||
32 | 46 | 0 | - | - | - | - | - | - | - |
Net decrease in advance payments by borrowers for taxes and insurance | |||||||||
- | - | - | - | - | - | 85 | 292 | 78 | -89 |
Treasury shares purchased with cash | |||||||||
- | - | - | 0 | 132 | 3,273 | 625 | 743 | 725 | 1,329 |
Dividends paid on preferred stock | |||||||||
- | - | - | 62 | 171 | 171 | 171 | 244 | 0 | - |
Purchase of common shares for restricted stock grants | |||||||||
- | - | - | - | - | - | - | - | - | 1,388 |
Dividends paid on common stock | |||||||||
1,472 | 1,343 | 1,229 | 1,110 | 995 | 914 | 1,572 | 0 | - | 193 |
Distributions to noncontrolling interests | |||||||||
2,046 | 2 | 0 | - | - | - | - | - | - | - |
Distributions to noncontrolling interests | |||||||||
- | - | - | 0 | - | - | - | - | - | - |
Net Cash Provided By Financing Activities | |||||||||
- | - | - | - | - | 41,339 | - | - | - | - |
Net Cash Provided By Financing Activities | |||||||||
156,010 | 40,542 | 85,381 | 40,315 | 24,242 | - | 20,342 | -23,645 | 23,544 | 22,134 |
Net Decrease in Cash and Cash Equivalents | |||||||||
-842 | 8,015 | 4,917 | - | - | - | - | - | - | - |
Net Increase (Decrease) in Cash and Cash Equivalents | |||||||||
- | - | - | 4,348 | 4,664 | -485 | -17,976 | 11,588 | 15,925 | 874 |