v3.26.1
Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2026
Sep. 30, 2025
Assets    
Cash and due from banks $ 2,034 $ 1,430
Interest earning deposits with banks 9,437 5,656
Total cash and cash equivalents 11,471 7,086
Investment securities - available for sale, at fair value 37,380 21,182
Investment securities - held to maturity, at amortized cost (fair value of $60,924 and $61,160 at June 30, 2026 and September 30, 2025, respectively) 66,923 67,266
Federal Home Loan Bank of New York stock, at cost 3,463 3,399
Loans receivable 888,244 857,353
Allowance for credit losses-loans (8,487) (8,350)
Bank owned life insurance 19,543 19,037
Accrued interest receivable 5,759 5,798
Premises and equipment, net 12,334 12,182
Other real estate owned ("OREO") 2,167
Other assets 11,870 10,540
Total assets 1,048,500 997,660
Liabilities    
Deposits 853,869 814,307
Escrowed funds 4,879 4,209
Borrowings 49,054 49,054
Accrued interest payable 1,483 969
Accounts payable and other liabilities 12,591 10,279
Total liabilities 921,876 878,818
Stockholders' equity    
Preferred stock: $.01 Par Value, 500,000 shares authorized; at June 30, 2026 and September 30, 2025, none issued
Common stock: $.01 Par Value, 14,000,000 shares authorized; 7,097,825 shares issued; 6,457,203 and 6,480,028 shares outstanding at June 30, 2026 and September 30, 2025, respectively, at cost 71 71
Additional paid-in capital 63,967 63,421
Treasury stock: 640,622 and 617,797 shares at June 30, 2026 and September 30, 2025, respectively, at cost (8,256) (7,840)
Unearned Employee Stock Ownership Plan shares (2,788) (2,868)
Retained earnings 74,073 66,581
Accumulated other comprehensive loss (443) (523)
Total stockholders' equity 126,624 118,842
Total liabilities and stockholders' equity $ 1,048,500 $ 997,660