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Consolidated Statements of Income - USD ($)
$ in Thousands
12 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2020
Interest and dividend income      
Loans receivable and loans held for sale $ 51,324 $ 52,539 $ 51,341
Investment securities 3,488 1,195 1,579
Dividends from mutual funds, FHLB stock and other investments 120 111 128
Interest-bearing deposits in banks and CDs 3,576 1,117 2,535
Total interest and dividend income 58,508 54,962 55,583
Interest expense      
Deposits 2,657 3,013 4,635
FHLB borrowings 17 91 66
Total interest expense 2,674 3,104 4,701
Net interest income 55,834 51,858 50,882
Provision for loan losses 270 0 3,700
Net interest income after provision for loan losses 55,564 51,858 47,182
Non-interest income      
Net recoveries on investment securities 22 20 120
BOLI net earnings 613 597 591
Gain on sales of loans, net 1,510 5,904 5,979
Valuation recovery (allowance) on loan servicing rights, net 119 110 (221)
Other, net 975 1,245 1,921
Total non-interest income, net 12,624 17,161 17,188
Non-interest expense      
Salaries and employee benefits 20,816 18,750 18,351
Premises and equipment 3,736 3,942 3,962
Loss (gain) on sales/dispositions of premises and equipment, net 13 0 (98)
Advertising 695 625 631
OREO and other repossessed assets, net (17) (87) 276
ATM and debit card interchange transaction fees 1,943 1,831 1,628
Postage and courier 577 587 568
Amortization of CDI 316 361 406
State and local taxes 1,062 1,088 998
Professional fees 1,747 1,006 1,107
Federal Deposit Insurance Corporation ("FDIC") insurance 506 415 204
Loan administration and foreclosure 508 471 448
Data processing and telecommunications 2,719 2,510 2,285
Deposit operations 1,235 1,091 1,114
Other 2,770 2,001 2,183
Total non-interest expense, net 38,626 34,591 34,063
Income before income taxes and equity in undistributed     income of Bank 29,562 34,428 30,307
Provision for income taxes 5,962 6,845 6,038
Net income $ 23,600 $ 27,583 $ 24,269
Net income per common share      
Basic (in dollars per share) $ 2.84 $ 3.31 $ 2.91
Diluted (in dollars per share) $ 2.82 $ 3.27 $ 2.88
Service charges on deposits      
Non-interest income      
Service charges on deposits $ 3,964 $ 3,911 $ 4,147
ATM and debit card interchange transaction fees      
Non-interest income      
Service charges on deposits 5,210 5,084 4,378
Escrow fees      
Non-interest income      
Service charges on deposits 211 290 $ 273
Fee income from non-deposit investment sales      
Non-interest income      
Service charges on deposits $ 27 $ 23