INVESTMENT SECURITIES (Tables)
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9 Months Ended |
Jun. 30, 2026 |
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| INVESTMENT SECURITIES |
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| Schedule of amortized cost of debt securities and fair value |
The amortized cost of debt securities and their approximate fair value at June 30, 2026 (unaudited) is represented in the table below: | | | | | | | | | | | | | | | | | | Gross | | Gross | | | | | | Amortized | | Unrealized | | Unrealized | | Fair | | | Cost | | Gains | | Losses | | Value | | | | (unaudited) (In Thousands) | AVAILABLE FOR SALE | | | | | | | | | | | | | U.S. Government Treasuries | | $ | — | | $ | — | | $ | — | | $ | — | U.S. Government Agencies | | | 4,320 | | | 1 | | | (31) | | | 4,290 | Mortgaged-Backed Securities | | | 11,917 | | | 9 | | | (455) | | | 11,471 | Municipal Securities | | | 20,238 | | | 72 | | | (1,881) | | | 18,429 | SBA Securities | | | 1,022 | | | 1 | | | (19) | | | 1,004 | | | $ | 37,497 | | $ | 83 | | $ | (2,386) | | $ | 35,194 |
The amortized cost of debt securities and their approximate fair value at September 30, 2025 is represented in the table below. | | | | | | | | | | | | | | | | | | Gross | | Gross | | | | | | Amortized | | Unrealized | | Unrealized | | Fair | | | Cost | | Gains | | Losses | | Value | AVAILABLE FOR SALE | | | | | | | | | | | | | U.S. Government Treasuries | | $ | 2,415 | | $ | 1 | | $ | — | | $ | 2,416 | U.S. Government Agencies | | | 6,712 | | | 23 | | | (1) | | | 6,734 | Mortgaged-Backed Securities | | | 11,433 | | | 41 | | | (355) | | | 11,119 | Municipal Securities | | | 21,282 | | | 74 | | | (2,243) | | | 19,113 | SBA Securities | | | 1,543 | | | 8 | | | (2) | | | 1,549 | | | $ | 43,385 | | $ | 147 | | $ | (2,601) | | $ | 40,931 |
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| Schedule of amortized cost and fair value of debt securities, by contractual maturity |
The amortized cost and fair value of debt securities, by contractual maturity, at June 30, 2026 (unaudited) is as shown below. Expected maturities will differ from contractual maturities call or prepay obligations with or without call or prepayment penalties. | | | | | | | | | Debt Securities | | | Available-for-Sale | | | Amortized | | | | | | Cost | | Fair Value | | | | | (In Thousands) | Due Within One Year | | $ | 2,252 | | $ | 2,252 | Due After One Year Through Five Years | | | 2,397 | | | 2,376 | Due After Five Years Through Ten Years | | | 8,241 | | | 7,871 | Due After Ten Years | | | 11,668 | | | 10,220 | | | | 24,558 | | | 22,719 | Mortgage-Backed & SBA Securities with no set maturity | | | 12,939 | | | 12,475 | | | $ | 37,497 | | $ | 35,194 |
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| Schedule of realized gains and losses from the sale of available-for-sale investments |
| | | | | | | | | | | | | | | Three Months Ended | | Nine Months Ended | | | June 30, | | June 30, | | | 2026 | | 2025 | | 2026 | | 2025 | | | | (unaudited) | | | (In Thousands) | | | | | | | | | | | | | | Proceeds | | $ | — | | $ | — | | $ | 1,711 | | $ | — | Cost | | | — | | | — | | | (1,709) | | | — | Net Realized Gains | | $ | — | | $ | — | | $ | 2 | | $ | — | Gross Realized Gains | | $ | — | | $ | — | | $ | 2 | | $ | — | Gross Realized Losses | | | — | | | — | | | — | | | — | Net Realized Gains | | $ | — | | $ | — | | $ | 2 | | $ | — |
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| Schedule of securities with gross unrealized losses |
| | | | | | | | | | | | | | | | | | | | | Less than Twelve months | | Over Twelve Months | | Total | | | Gross | | | | | Gross | | | | | Gross | | | | | | Unrealized | | | | | Unrealized | | | | | Unrealized | | | | | | Losses | | Fair Value | | Losses | | Fair Value | | Losses | | Fair Value | | | | (In Thousands) | June 30, 2026 | | | | | | | | | | | | | | | Securities Available-for-Sale: | | | | | | | | | | | | | | | | | | | US Government Treasuries & Agencies | | $ | 31 | | $ | 3,579 | | $ | — | | $ | — | | $ | 31 | | $ | 3,579 | Mortgage-backed & SBA Securities | | | 108 | | | 5,630 | | | 366 | | | 4,802 | | | 474 | | | 10,432 | Municipal Securities | | | 13 | | | 1,851 | | | 1,868 | | | 9,214 | | | 1,881 | | | 11,065 | | | $ | 152 | | $ | 11,060 | | $ | 2,234 | | $ | 14,016 | | $ | 2,386 | | $ | 25,076 |
| | | | | | | | | | | | | | | | | | | | | Less than Twelve months | | Over Twelve Months | | Total | | | Gross | | | | | Gross | | | | | Gross | | | | | | Unrealized | | | | | Unrealized | | | | | Unrealized | | | | | | Losses | | Fair Value | | Losses | | Fair Value | | Losses | | Fair Value | | | | (In Thousands) | September 30, 2025 | | | | | | | | | | | | | | | | | | | Securities Available-for-Sale: | | | | | | | | | | | | | | | | | | | US Government Treasuries & Agencies | | $ | 1 | | $ | 1,370 | | $ | — | | $ | 994 | | $ | 1 | | $ | 2,364 | Mortgage-backed & SBA Securities | | | 91 | | | 4,559 | | | 266 | | | 3,237 | | | 357 | | | 7,796 | Municipal Securities | | | 68 | | | 2,568 | | | 2,175 | | | 9,130 | | | 2,243 | | | 11,698 | | | $ | 160 | | $ | 8,497 | | $ | 2,441 | | $ | 13,361 | | $ | 2,601 | | $ | 21,858 |
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