v3.25.1
Consolidated Statements Of Income - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Mar. 31, 2025
Mar. 31, 2024
INTEREST AND DIVIDEND INCOME:        
Loans receivable $ 80,867 $ 76,122 $ 162,261 $ 152,063
Mortgage-backed securities ("MBS") 11,264 7,794 22,288 13,653
FHLB stock 2,285 2,528 4,637 5,114
Cash and cash equivalents 2,729 4,513 4,600 9,291
Investment securities 1,030 2,332 2,011 4,860
Total interest and dividend income 98,175 93,289 195,797 184,981
INTEREST EXPENSE:        
Deposits 35,853 33,415 73,198 65,858
Borrowings 18,482 18,554 36,529 38,210
Total interest expense 54,335 51,969 109,727 104,068
NET INTEREST INCOME 43,840 41,320 86,070 80,913
Provision for credit losses 0 301 677 424
NET INTEREST INCOME AFTER PROVISION FOR CREDIT LOSSES 43,840 41,019 85,393 80,489
NON-INTEREST INCOME:        
Net loss from securities transactions 0 0 0 (13,345)
Other non-interest income 1,430 1,457 2,640 2,470
Total non-interest income 4,953 4,643 9,646 (4,251)
NON-INTEREST EXPENSE:        
Salaries and employee benefits 14,938 12,887 29,170 25,879
Information technology and related expense 4,924 4,954 9,474 10,323
Occupancy, net 3,502 3,481 6,835 6,853
Regulatory and outside services 1,469 1,380 2,582 3,023
Federal insurance premium 1,095 1,727 2,133 3,587
Advertising and promotional 760 1,271 1,582 2,259
Deposit and loan transaction costs 879 867 1,470 1,409
Office supplies and related expense 437 419 836 780
Other non-interest expense 1,536 1,459 2,606 2,840
Total non-interest expense 29,540 28,445 56,688 56,953
INCOME BEFORE INCOME TAX EXPENSE 19,253 17,217 38,351 19,285
INCOME TAX EXPENSE 3,854 3,455 7,521 2,980
NET INCOME $ 15,399 $ 13,762 $ 30,830 $ 16,305
Basic earnings per share ("EPS") $ 0.12 $ 0.11 $ 0.24 $ 0.12
Diluted EPS $ 0.12 $ 0.11 $ 0.24 $ 0.12
Basic weighted average common shares 130,025,900 130,536,246 129,999,144 131,449,744
Diluted weighted average common shares 130,025,900 130,536,246 129,999,144 131,449,744
Deposit service fees [Member]        
NON-INTEREST INCOME:        
Revenue from contracts with customers $ 2,596 $ 2,451 $ 5,303 $ 5,026
Insurance commissions [Member]        
NON-INTEREST INCOME:        
Revenue from contracts with customers $ 927 $ 735 $ 1,703 $ 1,598