v3.26.1
CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY - USD ($)
Common Stock
Additional Paid-in Capital
Unearned Common Stock held by ESOP
Retained Earnings
Accumulated Other Comprehensive Income (Loss)
Authorized but Unissued Stock
Total
Beginning balance at Sep. 30, 2024 $ 11,000 $ 6,487,000 $ (540,000) $ 28,413,000 $ (1,606,000)   $ 32,765,000
Comprehensive Income (Loss):              
Net income       495,000     495,000
Net postretirement expense, net of deferred taxes         (39,000)   (39,000)
Unrealized losses on securities available-for-sale, net of deferred taxes         (1,076,000)   (1,076,000)
Total comprehensive income (loss)             (620,000)
Restricted stock expense   9,000         9,000
Stock option expense   6,000         6,000
Repurchase of authorized stock           $ (632,000) (632,000)
ESOP shares committed to be released (3,856 shares)   3,000 39,000       42,000
Cash dividends declared       (173,000)     (173,000)
Ending balance at Jun. 30, 2025 11,000 6,505,000 (501,000) 28,735,000 (2,721,000) (632,000) 31,397,000
Beginning balance at Sep. 30, 2024 11,000 6,487,000 (540,000) 28,413,000 (1,606,000)   32,765,000
Comprehensive Income (Loss):              
Cash dividends declared             (173,000)
Ending balance at Sep. 30, 2025 11,000 6,514,000 (501,000) 28,972,000 (2,187,000) (701,000) 32,108,000
Beginning balance at Mar. 31, 2025 11,000 6,496,000 (501,000) 28,602,000 (2,653,000) (598,000) 31,357,000
Comprehensive Income (Loss):              
Net income       217,000     217,000
Net postretirement expense, net of deferred taxes         (16,000)   (16,000)
Unrealized losses on securities available-for-sale, net of deferred taxes         (52,000)   (52,000)
Total comprehensive income (loss)             149,000
Restricted stock expense   5,000         5,000
Stock option expense   4,000         4,000
Repurchase of authorized stock           (34,000) (34,000)
Cash dividends declared       (84,000)      
Ending balance at Jun. 30, 2025 11,000 6,505,000 (501,000) 28,735,000 (2,721,000) (632,000) 31,397,000
Beginning balance at Sep. 30, 2025 11,000 6,514,000 (501,000) 28,972,000 (2,187,000) (701,000) 32,108,000
Comprehensive Income (Loss):              
Net income       743,000     743,000
Net postretirement expense, net of deferred taxes         85,000   85,000
Unrealized losses on securities available-for-sale, net of deferred taxes         119,000   119,000
Total comprehensive income (loss)             947,000
Restricted stock expense   37,000         37,000
Stock option expense   30,000         30,000
Issuance of common stock from stock option exercises   (2,000)       24,000 22,000
Issuance of restricted stock from authorized but unissued stock   (260,000)       260,000  
Repurchase of authorized stock           (255,000) (255,000)
ESOP shares committed to be released (3,856 shares)   15,000 38,000       53,000
Cash dividends declared       (191,000)     (191,000)
Ending balance at Jun. 30, 2026 11,000 6,334,000 (463,000) 29,524,000 (1,983,000) (672,000) 32,751,000
Beginning balance at Mar. 31, 2026 11,000 6,309,000 (463,000) 29,382,000 (1,870,000) (637,000) 32,732,000
Comprehensive Income (Loss):              
Net income       239,000     239,000
Net postretirement expense, net of deferred taxes         36,000   36,000
Unrealized losses on securities available-for-sale, net of deferred taxes         (149,000)   (149,000)
Total comprehensive income (loss)             126,000
Restricted stock expense   14,000         14,000
Stock option expense   12,000         12,000
Issuance of common stock from stock option exercises   (1,000)       7,000 6,000
Repurchase of authorized stock           (42,000) (42,000)
Cash dividends declared       (97,000)     (97,000)
Ending balance at Jun. 30, 2026 $ 11,000 $ 6,334,000 $ (463,000) $ 29,524,000 $ (1,983,000) $ (672,000) $ 32,751,000