| Mar'20 | Sep'19 | Jun'19 | Mar'19 | Sep'18 | Jun'18 | Mar'18 |
|---|---|---|---|---|---|---|
Operating Activities | ||||||
Net income | ||||||
2,452 | -3,250 | 335 | 1,372 | 1,620 | 1,374 | 1,212 |
Items not requiring (providing) cash | ||||||
Provision for loan losses | ||||||
210 | 705 | 485 | 525 | 450 | 450 | 450 |
Depreciation and amortization | ||||||
238 | 223 | 225 | 233 | 220 | 225 | 228 |
Deferred income tax | ||||||
-84 | -13 | -418 | -361 | -310 | -324 | -260 |
Investment securities (accretion) amortization, net | ||||||
-486 | -303 | -251 | -123 | -254 | -238 | -185 |
Investment securities gains | ||||||
69 | 21 | 36 | 24 | 0 | 11 | 0 |
Gain on sale of loans and leases held for sale | ||||||
228 | 231 | 123 | 87 | 154 | 101 | 98 |
Accretion of loan origination fees | ||||||
38 | 53 | 48 | 40 | 40 | 47 | 53 |
Amortization of mortgage-servicing rights | ||||||
67 | 70 | 41 | 32 | 55 | 42 | 83 |
ESOP shares expense | ||||||
186 | - | - | 0 | - | - | - |
Increase in cash surrender value of life insurance | ||||||
30 | - | - | 29 | - | - | - |
Increase in cash surrender value of life insurance | ||||||
- | - | - | - | 30 | 30 | 29 |
Loans originated for sale | ||||||
6,807 | 10,009 | 4,095 | 3,468 | 6,717 | 4,968 | 4,944 |
Proceeds on loans sold | ||||||
8,147 | 10,257 | 4,714 | 3,342 | 11,322 | 0 | 5,191 |
Net change in | ||||||
Interest receivable | ||||||
195 | -133 | 228 | 19 | 2 | 158 | 105 |
Other assets | ||||||
354 | 1,442 | -2,881 | 1,265 | 3,228 | 497 | -1,313 |
Other liabilities | ||||||
26 | 1,182 | 1,330 | -1,309 | -828 | -1,772 | 1,381 |
Interest payable | ||||||
53 | -198 | 96 | 105 | 128 | -53 | 192 |
Net cash provided by operating activities | ||||||
4,769 | 2,400 | 2,856 | 1,662 | 7,566 | -5,634 | 4,747 |
Investing Activities | ||||||
Purchases of securities available for sale | ||||||
70,744 | - | - | 12,886 | - | - | - |
Net change in interest-bearing time deposits | ||||||
- | - | - | - | 0 | 0 | 200 |
Purchases of securities available for sale | ||||||
- | - | - | - | -7,269 | -7,570 | -945 |
Proceeds from maturities and paydowns of securities available for sale | ||||||
25,505 | 6,005 | 2,973 | 2,068 | 2,649 | 2,349 | 2,827 |
Proceeds from sales of securities available for sale | ||||||
11,461 | 35,246 | 10,989 | 11,467 | 0 | 1,507 | 0 |
Proceeds from maturities and paydowns of securities held to maturity | ||||||
2,140 | 2,869 | 125 | 1,320 | 564 | 730 | 1,580 |
Net change in loans | ||||||
1,169 | 4,400 | 20,037 | 17,599 | 20,193 | 9,535 | 37,542 |
Purchases of premises and equipment | ||||||
158 | 297 | 182 | 191 | 247 | 483 | 284 |
Purchase of FHLB stock | ||||||
-1,030 | - | 1,354 | -404 | - | 0 | 0 |
Net cash used in investing activities | ||||||
-33,995 | -35,391 | -28,863 | -16,225 | -24,464 | -13,002 | -34,164 |
Financing Activities | ||||||
Demand and savings deposits | ||||||
-8,410 | -193,713 | 188,732 | 13,720 | -15,582 | 9,342 | 4,222 |
Certificates of deposit | ||||||
-3,572 | -26,107 | -3,186 | 7,726 | -229 | 10,795 | 23,863 |
Advances by borrowers for taxes and insurance | ||||||
68 | 54 | -61 | 89 | -3 | -47 | 93 |
Proceeds from FHLB advances | ||||||
30,000 | 14,000 | 20,000 | 37,000 | 105,900 | 70,500 | 79,000 |
Repayment of FHLB advances | ||||||
2,000 | 30,100 | 8,000 | 28,000 | 79,900 | 69,000 | 80,000 |
Net cash provided by financing activities | ||||||
16,084 | - | - | 30,535 | - | - | - |
Dividends paid | ||||||
- | - | - | - | 0 | 0 | 500 |
Net cash provided by financing activities | ||||||
- | - | - | - | 10,184 | 21,590 | 26,678 |
Net Change in Cash and Cash Equivalents | ||||||
-13,141 | -161,043 | 171,477 | 15,971 | -6,714 | 2,953 | -2,738 |
Additional Cash Flows and Supplementary Information | ||||||
Interest paid | ||||||
2,510 | 3,096 | 2,819 | 2,531 | 1,903 | 1,837 | 1,419 |
Transfers from loans to other real estate owned | ||||||
31 | 0 | 5 | 0 | 0 | -13 | 84 |