v3.26.1
CONSOLIDATED STATEMENTS OF EARNINGS - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Interest income:        
Loans, net $ 1,870 $ 1,720 $ 5,519 $ 5,093
Securities-taxable 228 290 745 900
Securities-non-taxable 130 128 393 384
Other short-term investments 24 32 59 96
Total interest income 2,252 2,170 6,716 6,473
Interest expense:        
Deposits 347 360 1,034 1,161
Net swap income on deposit hedge       (10)
Borrowings - short term and long term 34   134  
Total interest expense 381 360 1,168 1,151
Net interest income 1,871 1,810 5,548 5,322
Provision (benefit) for credit losses - Loans 10 9 29 29
Provision (benefit) for credit losses - Unfunded commitments 2 3 1 (2)
Net interest income after provision for credit losses 1,859 1,798 5,518 5,295
Non-interest income:        
Service charges 82 81 260 238
ATM card fees 69 72 200 204
Realized gain on sales of securities - AFS     2  
Loss on disposal of premises and equipment, net (2)   (2)  
Gain on life insurance death benefit     103  
Earnings on investment in life insurance 45 43 137 125
Earnings on deferred fees plan 18 28 48 30
Unrealized loss on swap agreements       (9)
Earnings on secondary market programs 9 9 29 34
Other non-interest income 34 23 49 86
Total non-interest income, net 255 256 826 708
Non-interest expenses:        
Salaries and employee benefits 839 842 2,544 2,554
Directors fees 94 82 281 263
Earnings on deferred fees plan 18 28 48 30
Building, occupancy and equipment 245 218 784 710
Data processing 103 100 313 309
Postage and supplies 29 28 86 87
Professional fees 173 180 483 488
Intangibles amortization 81 93 243 278
Foreclosed assets, net (18) 18 (42) 19
Other non-interest expense 297 197 823 736
Total non-interest expenses, net 1,861 1,786 5,563 5,474
Income before income tax expense 253 268 781 529
Income tax expense 14 51 38 34
Net income $ 239 $ 217 $ 743 $ 495
Earnings per common share - basic (in dollars per share) $ 0.23 $ 0.22 $ 0.72 $ 0.48
Earnings per common share - diluted (in dollars per share) $ 0.23 $ 0.22 $ 0.72 $ 0.48