v3.26.1
Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2026
Sep. 30, 2025
Cash and cash equivalents:    
Cash and due from financial institutions $ 32,800 $ 23,649 [1]
Interest-bearing deposits in banks 213,282 219,779 [1]
Total cash and cash equivalents 246,082 243,428 [1]
Certificates of deposit (“CDs”) held for investment, at cost 7,964 7,217 [1]
Investment securities held to maturity, at amortized cost (net of allowance for credit losses ("ACL") of $30 and $36), (estimated fair value of $113,243 and $132,334) 117,587 136,861 [1]
Investment securities available for sale, at fair value 90,484 78,240 [1]
Investments in equity securities, at fair value 858 864 [1]
Federal Home Loan Bank of Des Moines (“FHLB”) stock, at cost 1,653 2,045 [1]
Other investments, at cost 3,000 3,000 [1]
Loans held for sale 2,774 1,127 [1]
Loans receivable, net 1,495,651 1,463,590 [1]
Premises and equipment, net 22,149 21,684 [1]
Other real estate owned (“OREO”) and other repossessed assets, net 221 221 [1]
Accrued interest receivable 7,321 7,393 [1]
Bank owned life insurance (“BOLI”) 37,389 21,830 [1]
Goodwill 15,131 15,131 [1]
Core deposit intangible (“CDI”), net 169 271 [1]
Loan servicing rights, net 608 815 [1]
Operating lease right-of-use ("ROU") assets 4,122 2,949 [1]
Other assets 7,663 6,113 [1]
Total assets 2,060,826 2,012,779 [1]
Deposits:    
Non-interest-bearing demand 410,967 430,685 [1]
Interest-bearing 1,352,582 1,285,950 [1]
Total deposits 1,763,549 1,716,635 [1]
Operating lease liabilities 4,323 3,077 [1]
FHLB borrowings 10,000 20,000 [1]
Other liabilities and accrued expenses 9,748 10,453 [1]
Total liabilities 1,787,620 1,750,165 [1]
Shareholders’ equity    
Preferred stock, $0.01 par value; 1,000,000 shares authorized; none issued 0 0 [2]
Common stock, $0.01 par value; 50,000,000 shares authorized; 7,769,668 shares issued and outstanding - June 30, 2026 7,889,571 shares issued and outstanding - September 30, 2025 21,465 26,305 [2]
Retained earnings 252,908 236,607 [2]
Accumulated other comprehensive loss (1,167) (298) [2]
Total shareholders’ equity 273,206 262,614 [2]
Total liabilities and shareholders’ equity $ 2,060,826 $ 2,012,779 [2]
[1] Derived from audited consolidated financial statements.
[2] Derived from audited consolidated financial statements.