LOANS RECEIVABLE AND ALLOWANCE FOR CREDIT LOSSES (Tables)
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9 Months Ended |
Jun. 30, 2026 |
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| LOANS RECEIVABLE AND ALLOWANCE FOR CREDIT LOSSES |
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| Schedule of components for loans receivable net |
| | | | | | | | | As of June 30, | | As of September 30, | | | 2026 | | 2025 | | | | | | | | | Total Loans | | | (unaudited) | | | | | (In Thousands) | Real Estate Mortgages: | | | | | | | Residential | | $ | 112,673 | | $ | 109,700 | Commercial | | | 11,081 | | | 10,807 | Construction - Commercial | | | — | | | 140 | Construction - Residential | | | 3,899 | | | 3,292 | Home Equity | | | 2,569 | | | 2,142 | Other Loans: | | | | | | | Commercial Non-Mortgage | | | 2,751 | | | 2,408 | Automobile | | | 1,372 | | | 1,849 | Passbook | | | 367 | | | 368 | Consumer | | | 1,851 | | | 2,129 | Total Loans | | | 136,563 | | | 132,835 | Net Deferred Loan Origination Fees | | | 489 | | | 483 | Net Discounts on Purchased Loans | | | (629) | | | (714) | Allowance for Credit Losses | | | (1,126) | | | (1,100) | Loans Receivable, Net | | $ | 135,297 | | $ | 131,504 |
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| Schedule of outstanding principal balance and the related carrying amount of the Company's loans acquired |
| | | | | | | | | June 30, 2026 | | September 30, 2025 | | | (unaudited) | | | | | | (In Thousands) | Purchased Credit Impaired Loans | | | | | | | Outstanding Principal Balance | | $ | — | | $ | — | Carrying Amount | | $ | — | | $ | — | Purchased Non-Credit Impaired Loans | | | | | | | Outstanding Principal Balance | | $ | 24,063 | | $ | 26,372 | Carrying Amount | | $ | 23,434 | | $ | 25,658 | Total Purchased Loans | | | | | | | Outstanding Principal Balance | | $ | 24,063 | | $ | 26,372 | Carrying Amount | | $ | 23,434 | | $ | 25,658 |
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| Schedule of allowance for credit losses and recorded investment in loans |
| | | | | | | | | | | | | | | | | | | | | Real Estate | | Real Estate | | Commercial | | Commercial | | | | | | | | | Residential | | Commercial | | Secured | | Unsecured | | Consumer | | Total | | | | | | | | | (In Thousands) | | (Unaudited) | | | | | | | | Allowance for Credit Losses: | | | | | | | | | | | | | | | | | | | Beginning Balance | | $ | 881 | | $ | 154 | | $ | 37 | | $ | — | | $ | 45 | | $ | 1,117 | Charge-offs | | | — | | | — | | | — | | | — | | | (2) | | | (2) | Recoveries | | | — | | | — | | | — | | | — | | | 1 | | | 1 | Transfer | | | (13) | | | 3 | | | 10 | | | — | | | — | | | — | Provisions | | | 10 | | | — | | | — | | | — | | | — | | | 10 | Ending Balance | | $ | 878 | | $ | 157 | | $ | 47 | | $ | — | | $ | 44 | | $ | 1,126 | Ending Balance: Individually | | | | | | | | | | | | | | | | | | | Evaluated | | $ | 11 | | $ | — | | $ | — | | $ | — | | $ | — | | $ | 11 | Ending Balance: Collectively | | | | | | | | | | | | | | | | | | | Evaluated | | $ | 867 | | $ | 157 | | $ | 47 | | $ | — | | $ | 44 | | $ | 1,115 | Loans Receivable: | | | | | | | | | | | | | | | | | | | Ending Balance | | $ | 119,141 | | $ | 11,081 | | $ | 2,740 | | $ | 11 | | $ | 3,590 | | $ | 136,563 | Ending Balance: Individually | | | | | | | | | | | | | | | | | | | Evaluated | | $ | — | | $ | 739 | | $ | — | | $ | — | | $ | — | | $ | 739 | Ending Balance: Collectively | | | | | | | | | | | | | | | | | | | Evaluated | | $ | 119,141 | | $ | 10,342 | | $ | 2,740 | | $ | 11 | | $ | 3,590 | | $ | 135,824 |
| | | | | | | | | | | | | | | | | | | | | Real Estate | | Real Estate | | Commercial | | Commercial | | | | | | | | | Residential | | Commercial | | Secured | | Unsecured | | Consumer | | Total | | | | (In Thousands) | Allowance for Credit Losses: | | | | | | | | | | | | | | | | | | | Beginning Balance | | $ | 859 | | $ | 148 | | $ | 38 | | $ | 1 | | $ | 54 | | $ | 1,100 | Charge-offs | | | — | | | — | | | — | | | — | | | (5) | | | (5) | Recoveries | | | — | | | — | | | — | | | — | | | 2 | | | 2 | Transfer | | | (10) | | | 9 | | | 9 | | | (1) | | | (7) | | | — | Provisions | | | 29 | | | — | | | — | | | — | | | — | | | 29 | Ending Balance | | $ | 878 | | $ | 157 | | $ | 47 | | $ | — | | $ | 44 | | $ | 1,126 | Ending Balance: Individually | | | | | | | | | | | | | | | | | | | Evaluated | | $ | 11 | | $ | — | | $ | — | | $ | — | | $ | — | | $ | 11 | Ending Balance: Collectively | | | | | | | | | | | | | | | | | | | Evaluated | | $ | 867 | | $ | 157 | | $ | 47 | | $ | — | | $ | 44 | | $ | 1,115 |
| | | | | | | | | | | | | | | | | | | | | Real Estate | | Real Estate | | Commercial | | Commercial | | | | | | | | | Residential | | Commercial | | Secured | | Unsecured | | Consumer | | Total | | | | (In Thousands) | Allowance for Credit Losses: | | | | | | | | | | | | | | | | | | | Beginning Balance | | $ | 811 | | $ | 150 | | $ | 41 | | $ | 1 | | $ | 61 | | $ | 1,064 | Charge-offs | | | — | | | — | | | — | | | — | | | (1) | | | (1) | Recoveries | | | — | | | — | | | — | | | — | | | — | | | — | Transfer | | | 8 | | | (5) | | | (1) | | | — | | | (2) | | | — | Provisions | | | 9 | | | — | | | — | | | — | | | — | | | 9 | Ending Balance | | $ | 828 | | $ | 145 | | $ | 40 | | $ | 1 | | $ | 58 | | $ | 1,072 | Ending Balance: Individually | | | | | | | | | | | | | | | | | | | Evaluated | | $ | 11 | | $ | — | | $ | — | | $ | — | | $ | — | | $ | 11 | Ending Balance: Collectively | | | | | | | | | | | | | | | | | | | Evaluated | | $ | 817 | | $ | 145 | | $ | 40 | | $ | 1 | | $ | 58 | | $ | 1,061 |
| | | | | | | | | | | | | | | | | | | | | Real Estate | | Real Estate | | Commercial | | Commercial | | | | | | | | | Residential | | Commercial | | Secured | | Unsecured | | Consumer | | Total | | | | (In Thousands) | Allowance for Credit Losses: | | | | | | | | | | | | | | | | | | | Beginning Balance | | $ | 799 | | $ | 156 | | $ | 40 | | $ | — | | $ | 68 | | $ | 1,063 | Charge-offs | | | — | | | — | | | — | | | — | | | (22) | | | (22) | Recoveries | | | — | | | — | | | — | | | — | | | 2 | | | 2 | Transfer | | | — | | | (11) | | | — | | | 1 | | | 10 | | | — | Provisions | | | 29 | | | — | | | — | | | — | | | — | | | 29 | Ending Balance | | $ | 828 | | $ | 145 | | $ | 40 | | $ | 1 | | $ | 58 | | $ | 1,072 | Ending Balance: Individually | | | | | | | | | | | | | | | | | | | Evaluated | | $ | 11 | | $ | — | | $ | — | | $ | — | | $ | — | | $ | 11 | Ending Balance: Collectively | | | | | | | | | | | | | | | | | | | Evaluated | | $ | 817 | | $ | 145 | | $ | 40 | | $ | 1 | | $ | 58 | | $ | 1,061 |
| | | | | | | | | | | | | | | | | | | | | Real Estate | | Real Estate | | Commercial | | Commercial | | | | | | | | | Residential | | Commercial | | Secured | | Unsecured | | Consumer | | Total | | | | (In Thousands) | Allowance for Credit Losses: | | | | | | | | | | | | | | | | | | | Ending Balance: Collectively | | | | | | | | | | | | | | | | | | | Evaluated | | $ | 859 | | $ | 148 | | $ | 38 | | $ | 1 | | $ | 54 | | $ | 1,100 | Loans Receivable: | | | | | | | | | | | | | | | | | | | Ending Balance | | $ | 115,134 | | $ | 10,947 | | $ | 2,372 | | $ | 36 | | $ | 4,346 | | $ | 132,835 | Ending Balance: Individually | | | | | | | | | | | | | | | | | | | Evaluated | | $ | 45 | | $ | 753 | | $ | — | | $ | — | | $ | 92 | | $ | 890 | Ending Balance: Collectively | | | | | | | | | | | | | | | | | | | Evaluated | | $ | 115,089 | | $ | 10,194 | | $ | 2,372 | | $ | 36 | | $ | 4,254 | | $ | 131,945 |
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| Schedule of Performing and nonperforming real estate loans |
| | | | | | | | | As of June 30, | | As of September 30, | | | 2026 | | 2025 | | | (unaudited) | | | | | | (In Thousands) | Performing | | $ | 128,873 | | $ | 125,402 | Nonperforming | | | 1,349 | | | 679 | Total real estate loans | | $ | 130,222 | | $ | 126,081 |
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| Schedule of aging analysis of past due financing receivables by class of financing receivable |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | 90 Days or | | | | | | | | Total | | 90 Days or | | | 30 – 59 Days | | 60 – 89 Days | | Greater | | Total | | | | | Financing | | Greater and | | | Past Due | | Past Due | | Past Due | | Past Due | | Current | | Receivable | | Still accruing | | | | (In Thousands) | Residential Mortgage | | $ | 582 | | $ | 141 | | $ | 655 | | $ | 1,378 | | $ | 117,763 | | $ | 119,141 | | $ | — | Commercial Mortgage | | | 72 | | | 23 | | | 69 | | | 164 | | | 10,917 | | | 11,081 | | | — | Commercial | | | — | | | 9 | | | — | | | 9 | | | 2,742 | | | 2,751 | | | — | Consumer | | | — | | | — | | | 37 | | | 37 | | | 3,553 | | | 3,590 | | | — | Total Loans | | $ | 654 | | $ | 173 | | $ | 761 | | $ | 1,588 | | $ | 134,975 | | $ | 136,563 | | $ | — |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | 90 Days or | | | | | | | | | 90 Days or | | | | | | | | Total | | Greater | | | 30 – 59 Days | | 60 – 89 Days | | Greater | | Total | | | | | Financing | | and Still | | | Past Due | | Past Due | | Past Due | | Past Due | | Current | | Receivable | | accruing | | | | (In Thousands) | Residential Mortgage | | $ | 132 | | $ | 461 | | $ | 575 | | $ | 1,168 | | $ | 113,966 | | $ | 115,134 | | $ | — | Commercial Mortgage | | | — | | | 25 | | | — | | | 25 | | | 10,922 | | | 10,947 | | | — | Commercial | | | 16 | | | — | | | — | | | 16 | | | 2,392 | | | 2,408 | | | — | Consumer | | | 19 | | | — | | | — | | | 19 | | | 4,327 | | | 4,346 | | | — | Total Loans | | $ | 167 | | $ | 486 | | $ | 575 | | $ | 1,228 | | $ | 131,607 | | $ | 132,835 | | $ | — |
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| Schedule of credit risk profile for loans receivable held in portfolio by internally assigned grade |
| | | | | | | | | | | | | | | | | | Pass | | Special Mention | | Substandard | | Doubtful | | Total | | | | (unaudited) | | | (In Thousands) | Mortgage Loans on Real Estate | | | | | | | | | | | | | | | | Residential, One to Four Family | | $ | 116,572 | | $ | — | | $ | — | | $ | — | | $ | 116,572 | Home Equity | | | 2,569 | | | — | | | — | | | — | | | 2,569 | Commercial | | | 10,342 | | | — | | | 670 | | | 69 | | | 11,081 | Total Mortgage Loans on Real Estate | | | 129,483 | | | — | | | 670 | | | 69 | | | 130,222 | Commercial | | | 2,751 | | | — | | | — | | | — | | | 2,751 | Consumer | | | 3,590 | | | — | | | — | | | — | | | 3,590 | Total Loans | | $ | 135,824 | | $ | — | | $ | 670 | | $ | 69 | | $ | 136,563 |
| | | | | | | | | | | | | | | | | | Pass | | Special Mention | | Substandard | | Doubtful | | Total | | | | (In Thousands) | Mortgage Loans on Real Estate | | | | | | | | | | | | | | | | Residential, One to Four Family | | $ | 112,947 | | $ | — | | $ | — | | $ | 45 | | $ | 112,992 | Home Equity | | | 2,142 | | | — | | | — | | | — | | | 2,142 | Commercial | | | 10,194 | | | — | | | 753 | | | — | | | 10,947 | Total Mortgage Loans on Real Estate | | | 125,283 | | | — | | | 753 | | | 45 | | | 126,081 | Commercial | | | 2,408 | | | — | | | — | | | — | | | 2,408 | Consumer | | | 4,254 | | | 92 | | | — | | | — | | | 4,346 | Total Loans | | $ | 131,945 | | $ | 92 | | $ | 753 | | $ | 45 | | $ | 132,835 |
| | | | | | | | | | | | | | | | | | | | | | | | | | | Term Loans by Fiscal Year of Origination | | | | | | | (In Thousands) | | 2026 | | 2025 | | 2024 | | 2023 | | 2022 | | Prior | | Revolving | | Total | | | | | Real Estate - Residential | | | | | | | | | | | | | | | | | | | | | | | | | Pass | | $ | 11,195 | | $ | 16,557 | | $ | 8,746 | | $ | 9,100 | | $ | 13,563 | | $ | 57,411 | | $ | 2,569 | | $ | 119,141 | Special Mention | | | — | | | — | | | — | | | — | | | — | | | — | | | — | | | — | Substandard | | | — | | | — | | | — | | | — | | | — | | | — | | | — | | | — | Doubtful | | | — | | | — | | | — | | | — | | | — | | | — | | | — | | | — | Total Real Estate - Residential | | $ | 11,195 | | $ | 16,557 | | $ | 8,746 | | $ | 9,100 | | $ | 13,563 | | $ | 57,411 | | $ | 2,569 | | $ | 119,141 | | | | | | | | | | | | | | | | | | | | | | | | | | Current period gross write-offs | | $ | — | | $ | — | | $ | — | | $ | — | | $ | — | | $ | — | | $ | — | | $ | — | | | | | | | | | | | | | | | | | | | | | | | | | | Real Estate - Commercial | | | | | | | | | | | | | | | | | | | | | | | | | Pass | | $ | 1,016 | | $ | 1,507 | | $ | 662 | | $ | 1,695 | | $ | 240 | | $ | 5,222 | | $ | — | | $ | 10,342 | Special Mention | | | — | | | — | | | — | | | — | | | — | | | — | | | — | | | — | Substandard | | | — | | | — | | | — | | | 509 | | | — | | | 161 | | | — | | | 670 | Doubtful | | | — | | | — | | | — | | | — | | | — | | | 69 | | | — | | | 69 | Total Real Estate - Commercial | | $ | 1,016 | | $ | 1,507 | | $ | 662 | | $ | 2,204 | | $ | 240 | | $ | 5,452 | | $ | — | | $ | 11,081 | | | | | | | | | | | | | | | | | | | | | | | | | | Current period gross write-offs | | $ | — | | $ | — | | $ | — | | $ | — | | $ | — | | $ | — | | $ | — | | $ | — | | | | | | | | | | | | | | | | | | | | | | | | | | Commercial - Secured | | | | | | | | | | | | | | | | | | | | | | | | | Pass | | $ | 792 | | $ | 458 | | $ | 430 | | $ | 289 | | $ | 52 | | $ | 719 | | $ | — | | $ | 2,740 | Special Mention | | | — | | | — | | | — | | | — | | | — | | | — | | | — | | | — | Substandard | | | — | | | — | | | — | | | — | | | — | | | — | | | — | | | — | Doubtful | | | — | | | — | | | — | | | — | | | — | | | — | | | — | | | — | Total Commercial - Secured | | $ | 792 | | $ | 458 | | $ | 430 | | $ | 289 | | $ | 52 | | $ | 719 | | $ | — | | $ | 2,740 | | | | | | | | | | | | | | | | | | | | | | | | | | Current period gross write-offs | | $ | — | | $ | — | | $ | — | | $ | — | | $ | — | | $ | — | | $ | — | | $ | — | | | | | | | | | | | | | | | | | | | | | | | | | | Commercial - Unsecured | | | | | | | | | | | | | | | | | | | | | | | | | Pass | | $ | — | | $ | — | | $ | — | | $ | — | | $ | — | | $ | 11 | | $ | — | | $ | 11 | Special Mention | | | — | | | — | | | — | | | — | | | — | | | — | | | — | | | — | Substandard | | | — | | | — | | | — | | | — | | | — | | | — | | | — | | | — | Doubtful | | | — | | | — | | | — | | | — | | | — | | | — | | | — | | | — | Total Commercial - Unsecured | | $ | — | | $ | — | | $ | — | | $ | — | | $ | — | | $ | 11 | | $ | — | | $ | 11 | | | | | | | | | | | | | | | | | | | | | | | | | | Current period gross write-offs | | $ | — | | $ | — | | $ | — | | $ | — | | $ | — | | $ | — | | $ | — | | $ | — | | | | | | | | | | | | | | | | | | | | | | | | | | Consumer | | | | | | | | | | | | | | | | | | | | | | | | | Pass | | $ | 702 | | $ | 635 | | $ | 666 | | $ | 777 | | $ | 264 | | $ | 546 | | $ | — | | $ | 3,590 | Special Mention | | | — | | | — | | | — | | | — | | | — | | | — | | | — | | | — | Substandard | | | — | | | — | | | — | | | — | | | — | | | — | | | — | | | — | Doubtful | | | — | | | — | | | — | | | — | | | — | | | — | | | — | | | — | Total Consumer | | $ | 702 | | $ | 635 | | $ | 666 | | $ | 777 | | $ | 264 | | $ | 546 | | $ | — | | $ | 3,590 | | | | | | | | | | | | | | | | | | | | | | | | | | Current period gross write-offs | | $ | 5 | | $ | — | | $ | — | | $ | — | | $ | — | | $ | — | | $ | — | | $ | 5 |
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| Schedule of the Company's nonaccrual loans by major categories |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | June 30, 2026 | | September 30, 2025 | | | Nonaccrual loans | | Nonaccrual loans | | Total Nonaccrual | | Nonaccrual loans | | Nonaccrual loans | | Total Nonaccrual | (In Thousands) | | with No Allowance | | with an Allowance | | Loans | | with No Allowance | | with an Allowance | | Loans | Real Estate - Residential | | $ | — | | $ | 1,257 | | $ | 1,257 | | $ | — | | $ | 679 | | $ | 679 | Real Estate - Commercial | | | — | | | 92 | | | 92 | | | — | | | — | | | — | Commercial - Secured | | | — | | | — | | | — | | | — | | | 16 | | | 16 | Commercial - Unsecured | | | — | | | — | | | — | | | — | | | — | | | — | Consumer | | | — | | | — | | | — | | | — | | | — | | | — | Total Loans | | $ | — | | $ | 1,349 | | $ | 1,349 | | $ | — | | $ | 695 | | $ | 695 |
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| Schedule of accrued interest receivable written off by reversing interest income |
| | | | | | | | | | | | | | | | | | | | | For the Nine Months Ended | | | June 30, 2026 | | June 30, 2025 | | | | (unaudited) | | | (In Thousands) | Real Estate - Residential | | $ | 39 | | $ | 15 | Real Estate - Commercial | | | 14 | | | 1 | Commercial - Secured | | | — | | | — | Commercial - Unsecured | | | — | | | — | Consumer | | | — | | | — | Total Loans | | $ | 53 | | $ | 16 |
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