v3.26.1
Consolidated Statements of Income - USD ($)
 3 Months Ended 9 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Interest and dividend income        
Loans receivable and loans held for sale $ 22,457,000 $ 21,411,000 $ 66,924,000 $ 63,339,000
Investment securities 1,800,000 2,064,000 5,413,000 6,205,000
Dividends from mutual funds, FHLB stock and other investments 71,000 83,000 229,000 252,000
Interest-bearing deposits in banks and CDs 2,343,000 1,986,000 7,255,000 5,870,000
Total interest and dividend income 26,671,000 25,544,000 79,821,000 75,666,000
Interest expense        
Deposits 7,728,000 7,721,000 23,284,000 23,259,000
FHLB borrowings 137,000 201,000 538,000 602,000
Total interest expense 7,865,000 7,922,000 23,822,000 23,861,000
Net interest income 18,806,000 17,622,000 55,999,000 51,805,000
Provision for (recapture of) credit losses        
Provision for credit losses - loans 600,000 351,000 1,140,000 640,000
Recapture of credit losses - investment securities (1,000) (4,000) (6,000) (14,000)
Provision for (recapture of) credit losses - unfunded commitments (91,000) 93,000 (137,000) 87,000
Total provision for (recapture of) credit losses - net 508,000 440,000 997,000 713,000
Net interest income after provision for (recapture of) credit losses 18,298,000 17,182,000 55,002,000 51,092,000
Non-interest income        
Net recoveries on investment securities 23,000 2,000 39,000 9,000
Gain on sale of investment securities available for sale, net 0 24,000 0 24,000
BOLI net earnings 246,000 171,000 559,000 502,000
Gain on sales of loans, net 150,000 138,000 464,000 303,000
Other, net 266,000 241,000 770,000 624,000
Total non-interest income, net 2,988,000 2,875,000 8,560,000 8,259,000
Non-interest expense        
Salaries and employee benefits 6,383,000 5,825,000 19,305,000 17,893,000
Premises and equipment 1,082,000 973,000 3,273,000 2,998,000
Advertising 202,000 182,000 576,000 552,000
OREO and other repossessed assets, net 3,000 8,000 11,000 17,000
ATM and debit card interchange transaction fees 532,000 658,000 1,584,000 1,700,000
Postage and courier 145,000 137,000 443,000 401,000
State and local taxes 453,000 570,000 1,338,000 1,251,000
Professional fees 361,000 341,000 1,003,000 1,118,000
Federal Deposit Insurance Corporation ("FDIC") insurance 222,000 211,000 671,000 640,000
Loan administration and foreclosure 155,000 99,000 376,000 383,000
Technology and communications 1,109,000 993,000 3,340,000 3,253,000
Deposit operations 348,000 345,000 1,058,000 997,000
Amortization of CDI 34,000 45,000 102,000 135,000
Other 609,000 780,000 1,647,000 2,090,000
Total non-interest expense, net 11,638,000 11,167,000 34,727,000 33,428,000
Income before income taxes 9,648,000 8,890,000 28,835,000 25,923,000
Provision for income taxes 1,928,000 1,790,000 5,767,000 5,208,000
     Net income $ 7,720,000 $ 7,100,000 $ 23,068,000 $ 20,715,000
Net income per common share        
Basic (in dollars per share) $ 0.99 $ 0.90 $ 2.94 $ 2.61
Diluted (in dollars per share) $ 0.98 $ 0.90 $ 2.92 $ 2.60
Weighted average common shares outstanding        
Basic (in shares) 7,805,218 7,893,308 7,855,474 7,929,626
Diluted (in shares) 7,855,407 7,921,762 7,900,228 7,963,412
Deposit Account        
Non-interest income        
Revenue from contract with customer $ 956,000 $ 966,000 $ 2,879,000 $ 2,924,000
Credit and Debit Card        
Non-interest income        
Revenue from contract with customer 1,193,000 1,262,000 3,518,000 3,706,000
Asset Management        
Non-interest income        
Revenue from contract with customer 42,000 32,000 94,000 66,000
Servicing Income On Loans Sold        
Non-interest income        
Revenue from contract with customer $ 112,000 $ 39,000 $ 237,000 $ 101,000