FAIR VALUE MEASUREMENTS (Tables)
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9 Months Ended |
Jun. 30, 2026 |
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| FAIR VALUE MEASUREMENTS |
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| Summary of financial assets measured on nonrecurring basis |
| | | | | | | | | | | | | | | | | Quoted Prices in | | | | | | | | | Active Markets | | | | | | | | | for Identical | | Significant Other | | Significant | | | Total | | Assets/Liabilities | | Observable | | Unobservable | | | Fair Value | | (Level 1 ) | | Inputs (Level 2) | | Inputs (Level 3) | | | | (In Thousands) | June 30, 2026 (unaudited) | | | | | | | | | | | | | Individually Evaluated Loans (collateral dependent) | | $ | — | | $ | — | | $ | — | | $ | — | | | | | | | | | | | | | | Foreclosed Real Estate, Net | | $ | 48 | | $ | — | | $ | — | | $ | 48 | | | | | | | | | | | | | | September 30, 2025 | | | | | | | | | | | | | Individually Evaluated Loans (collateral dependent) | | $ | 45 | | $ | — | | $ | — | | $ | 45 | | | | | | | | | | | | | | Foreclosed Real Estate, Net | | $ | 105 | | $ | — | | $ | — | | $ | 105 |
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| Summary of basis valuation techniques |
The table below presents additional quantitative information about assets measured at fair value on a nonrecurring basis and for which Level 3 inputs were used to determine fair value at June 30, 2026 (unaudited) and at September 30, 2025. | | | | | | | | | Valuation Techniques | | Unobservable Inputs | | Weighted Average Range | | | | | | | | Individually Evaluated Loans (collateral dependent) | | Appraisal of Collateral | | Appraisal Adjustments | | 25% - 25% (25%) | | | (Sales Approach) | | Costs to Sell | | 6% - 10% (8%) | | | Discounted Cash Flow | | | | | Foreclosed Real Estate, Net | | Appraisal of Collateral | | Appraisal Adjustments | | 25% - 25% (25%) | | | (Sales Approach) | | Costs to Sell | | 6% - 10% (8%) |
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| Summary of financial assets and liabilities reported on recurring basis |
| | | | | | | | | | | | | | | | | | Quoted Prices in | | | | | | | | | | | | Active Markets | | | | | | | | | | | | for Identical | | Significant Other | | Significant | | | Total | | Assets/Liabilities | | Observable | | Unobservable | | | Fair Value | | (Level 1 ) | | Inputs (Level 2) | | Inputs (Level 3) | | | | (In Thousands) | June 30, 2026 (unaudited) | | | | | | | | | | | | | | | | | | | | | | | | | | U.S. Government Treasuries | | $ | — | | $ | — | | $ | — | | $ | — | U.S. Government Agencies | | | 4,290 | | | — | | | 4,290 | | | — | Mortgaged-Backed Securities | | | 11,471 | | | — | | | 11,471 | | | — | Municipal Securities | | | 18,429 | | | — | | | 18,429 | | | — | SBA Securities | | | 1,004 | | | — | | | 1,004 | | | — | Available-for-Sale Securities | | $ | 35,194 | | $ | — | | $ | 35,194 | | $ | — | | | | | | | | | | | | | | September 30, 2025 | | | | | | | | | | | | | | | | | | | | | | | | | | U.S. Government Treasuries | | $ | 2,416 | | $ | — | | $ | 2,416 | | $ | — | U.S. Government Agencies | | | 6,734 | | | — | | | 6,734 | | | — | Mortgaged-Backed Securities | | | 11,119 | | | — | | | 11,119 | | | — | Municipal Securities | | | 19,113 | | | — | | | 19,113 | | | — | SBA Securities | | | 1,549 | | | — | | | 1,549 | | | — | Available-for-Sale Securities | | $ | 40,931 | | $ | — | | $ | 40,931 | | $ | — |
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| Summary of estimated fair values of financial instruments |
| | | | | | | | | | | | | | | | | Fair Value | | June 30, 2026 | | September 30, 2025 | | | Level | | Carrying Value | | Fair Value | | Carrying Value | | Fair Value | | | | | | (unaudited) | | | | | | | | | | | (In Thousands) | Financial Assets | | | | | | | | | | | | | | | Cash and due from banks | | 1 | | $ | 4,204 | | $ | 4,204 | | $ | 3,949 | | $ | 3,949 | Interest bearing deposits with banks | | 1 | | | 2,135 | | | 2,135 | | | 710 | | | 710 | Available-for-sale debt securities | | 2 | | | 35,194 | | | 35,194 | | | 40,931 | | | 40,931 | Portfolio loans, net of deferred fees and allowance for credit losses | | 3 | | | 135,297 | | | 125,780 | | | 131,504 | | | 118,282 | Investments in restricted stock | | 2 | | | 968 | | | 968 | | | 1,109 | | | 1,109 | Accrued interest receivable | | 1 | | | 626 | | | 626 | | | 629 | | | 629 | | | | | | | | | | | | | | | | Financial Liabilities | | | | | | | | | | | | | | | Deposits | | 2 | | $ | 155,681 | | $ | 125,692 | | $ | 154,780 | | $ | 128,120 | Accrued interest payable | | 1 | | | 15 | | | 15 | | | 4 | | | 4 |
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