| Jun'12 | Jun'11 | ||||
|---|---|---|---|---|---|
Net income | |||||
1,989 | 1,170 | ||||
Depreciation | |||||
569 | 551 | ||||
Provision for loan losses | |||||
3,662 | 4,140 | ||||
Provision for loss on real estate owned | |||||
47 | 0 | ||||
Deferred loan origination costs | |||||
212 | 216 | ||||
Amortization of premium on investments | |||||
-2,524 | -1,447 | ||||
Proceeds from sale of loans | |||||
15,668 | 21,748 | ||||
Loans disbursed for sale in the secondary market | |||||
15,360 | 21,061 | ||||
Gain on sale of loans | |||||
505 | 519 | ||||
Amortization of intangible asset | |||||
158 | 372 | ||||
Amortization of acquisition-related loan yield adjustment | |||||
182 | 124 | ||||
Amortization of acquisition-related credit risk adjustment | |||||
0 | 102 | ||||
Amortization of acquisition-related CD yield adjustment | |||||
26 | 97 | ||||
Gain on sale of investment securities | |||||
1,464 | 584 | ||||
Gain on sale of other real estate owned | |||||
-9 | -10 | ||||
Increase in cash surrender value of life insurance | |||||
321 | 274 | ||||
ESOP shares committed to be released | |||||
180 | -87 | ||||
Stock-based compensation expense | |||||
48 | 157 | ||||
Deferred income taxes | |||||
-139 | 1,711 | ||||
Accrued interest receivable | |||||
-250 | -318 | ||||
Prepaid expenses and other assets | |||||
-147 | 1,608 | ||||
Accrued interest | |||||
-6 | -75 | ||||
Accrued expenses and other | |||||
-432 | 16 | ||||
Net cash provided by operating activities | |||||
6,604 | 6,893 | ||||
Proceeds from maturity of available for sale investment securities | |||||
14,000 | 29,802 | ||||
Proceeds from sale of available for sale investment securities | |||||
29,216 | 17,712 | ||||
Proceeds from maturity of held to maturity securities | |||||
71 | 67 | ||||
Proceeds from repayment of mortgage-backed securities available for sale | |||||
25,254 | 18,572 | ||||
Proceeds from sale of mortgage-backed securities available for sale | |||||
56,278 | 32,910 | ||||
Proceeds from sale of other real estate owned | |||||
480 | 541 | ||||
Purchases of available for sale investment securities | |||||
14,170 | 35,817 | ||||
Purchases of mortgage-backed securities available for sale | |||||
134,153 | 68,065 | ||||
Proceeds from sale of Federal Home Loan Bank stock | |||||
0 | 8 | ||||
Purchases of Federal Home Loan Bank stock | |||||
4,081 | 499 | ||||
Net decrease (increase) in loans | |||||
1,139 | -17,269 | ||||
Proceeds from (purchase of) bank owned life insurance | |||||
-1,807 | -499 | ||||
Capital expenditures | |||||
235 | 434 | ||||
Net cash used in investing activities | |||||
-30,286 | 11,567 | ||||
Net increase (decrease) in deposits | |||||
13,902 | -16,992 | ||||
Borrowings from Federal Home Loan Bank | |||||
10,000 | 0 | ||||
Repayments of Federal Home Loan Bank advances | |||||
1,000 | 1,000 | ||||
Dividends paid to stockholders | |||||
1,364 | 1,357 | ||||
Repurchases of common stock | |||||
31 | 37 | ||||
Net increase in advances from borrowers for payment of insurance and taxes | |||||
-95 | -62 | ||||
Net cash provided by (used in) financing activities | |||||
21,602 | -19,324 | ||||
Net increase (decrease) in cash and cash equivalents | |||||
-2,080 | -864 | ||||