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Loans Receivable And Allowance For Loan Losses (Tables)
 6 Months Ended
Mar. 31, 2023
Accounts, Notes, Loans and Financing Receivable, Gross, Allowance, and Net [Abstract]  
Schedule of Loans receivable and Loans held for sale
Loans receivable by portfolio segment consisted of the following at March 31, 2023 and September 30, 2022 (dollars in thousands):
 March 31,
2023		September 30,
2022
 AmountPercentAmountPercent
Mortgage loans:    
One- to four-family (1)$216,639 16.3 %$176,116 14.1 %
Multi-family103,870 7.8 95,025 7.6 
Commercial547,876 41.2 536,650 42.8 
Construction - custom and owner/builder124,071 9.4 119,240 9.5 
Construction - speculative one- to four-family11,343 0.9 12,254 1.0 
Construction - commercial31,458 2.4 40,364 3.2 
Construction - multi-family83,051 6.2 64,480 5.1 
Construction - land development17,018 1.3 19,280 1.5 
Land24,520 1.8 26,854 2.1 
Total mortgage loans1,159,846 87.3 1,090,263 86.9 
Consumer loans:    
Home equity and second mortgage36,896 2.8 35,187 2.8 
Other2,283 0.2 2,128 0.2 
Total consumer loans39,179 3.0 37,315 3.0 
Commercial loans:
Commercial business129,306 9.7 125,039 10.0 
U.S. Small Business Administration ("SBA") Paycheck Protection Program ("PPP") loans572 — 1,001 0.1 
    Total commercial loans129,878 9.7 126,040 10.1 
Total loans receivable1,328,903 100.0 %1,253,618 100.0 %
Less:    
Undisbursed portion of construction loans in process99,253  103,168  
Deferred loan origination fees, net4,759  4,321  
Allowance for loan losses14,698  13,703  
Subtotal118,710 121,192 
Loans receivable, net$1,210,193  $1,132,426  
_____________________________
 (1) Does not include one- to four-family loans held for sale totaling $200 and $748 at March 31, 2023 and September 30, 2022, respectively.
Schedule of Allowance for Loan Losses
The following tables set forth information for the three and six months ended March 31, 2023 and 2022 regarding activity in the allowance for loan losses by portfolio segment (dollars in thousands):

 Three Months Ended March 31, 2023
 Beginning
Allowance		Provision for
(Recapture of) Loan Losses		Charge-
offs		RecoveriesEnding
Allowance
Mortgage loans:     
One- to four-family$1,888 $164 $— $— $2,052 
Multi-family871 67 — — 938 
Commercial6,794 110 — — 6,904 
Construction – custom and owner/builder673 53 — — 726 
Construction – speculative one- to four-family125 (4)— — 121 
Construction – commercial323 (56)— — 267 
Construction – multi-family577 85 — — 662 
Construction – land development222 23 — — 245 
Land383 (20)— — 363 
Consumer loans:    
Home equity and second mortgage493 14 — — 507 
Other47 1 (1)— 47 
Commercial business loans1,833 38 (5)— 1,866 
Total$14,229 $475 $(6)$— $14,698 



 Six Months Ended March 31, 2023
 Beginning
Allowance		Provision for
(Recapture of) Loan Losses		Charge-
offs		RecoveriesEnding
Allowance
Mortgage loans:     
One-to four-family$1,658 $394 $— $— $2,052 
Multi-family855 83 — — 938 
Commercial6,682 222 — — 6,904 
Construction – custom and owner/builder675 51 — — 726 
Construction – speculative one- to four-family130 (9)— — 121 
Construction – commercial343 (76)— — 267 
Construction – multi-family447 215 — — 662 
Construction – land development233 12 — — 245 
Land397 (34)— — 363 
Consumer loans:     
Home equity and second mortgage440 67 — — 507 
Other42 6 (1)— 47 
Commercial business loans1,801 69 (5)1 1,866 
Total$13,703 $1,000 $(6)$1 $14,698 
 Three Months Ended March 31, 2022
 Beginning
Allowance		Provision for
(Recapture of) Loan Losses		Charge-
offs		RecoveriesEnding
Allowance
Mortgage loans:     
  One- to four-family$1,237 $10 $— $— $1,247 
  Multi-family748 (13)— — 735
  Commercial6,807 124 — — 6,931
  Construction – custom and owner/builder671 15 — — 686
  Construction – speculative one- to four-family153 (27)— — 126
  Construction – commercial593 (130)— — 463
Construction – multi-family460 (24)— — 436 
  Construction – land development157 (31)— — 126 
  Land435 (58)— — 377
Consumer loans:     
  Home equity and second mortgage532 (63)— — 469
  Other48 (4)(1)1 44
Commercial business loans1,627 201 (49)14 1,793
Total$13,468 $— $(50)$15 $13,433 


 Six Months Ended March 31, 2022
 Beginning
Allowance		Provision for
(Recapture of) Loan Losses		Charge-
offs		RecoveriesEnding
Allowance
Mortgage loans:     
  One-to four-family$1,154 $93 $— $— $1,247 
  Multi-family765(30)— — 735
  Commercial6,813118 — — 6,931
  Construction – custom and owner/builder64442 — — 686
  Construction – speculative one- to four-family188(62)— — 126
  Construction – commercial784(321)— — 463
Construction – multi-family436 — — — 436 
  Construction – land development124 2 — — 126 
  Land470(93)— — 377
Consumer loans:     
  Home equity and second mortgage528(59)— — 469
  Other50(5)(2)1 44
Commercial business loans1,513315 (49)14 1,793
Total$13,469 $— $(51)$15 $13,433 
Schedule of loans evaluated individually for impairment and collectively evaluated for impairment in the allowance for loan losses
The following tables present information on the loans evaluated individually and collectively for impairment in the allowance for loan losses by portfolio segment at March 31, 2023 and September 30, 2022 (dollars in thousands):
 Allowance for Loan LossesRecorded Investment in Loans
 Individually
Evaluated for
Impairment		Collectively
Evaluated for
Impairment		TotalIndividually
Evaluated for
Impairment		Collectively
Evaluated for
Impairment		Total
March 31, 2023      
Mortgage loans:      
One- to four-family$— $2,052 $2,052 $378 $216,261 $216,639 
Multi-family— 938 938 — 103,870 103,870 
Commercial— 6,904 6,904 3,006 544,870 547,876 
Construction – custom and owner/builder— 726 726 — 71,750 71,750 
Construction – speculative one- to four-family— 121 121 — 7,785 7,785 
Construction – commercial— 267 267 — 23,145 23,145 
Construction – multi-family— 662 662 — 50,758 50,758 
Construction – land development— 245 245 — 14,250 14,250 
Land— 363 363 459 24,061 24,520 
Consumer loans:     
Home equity and second mortgage
— 507 507 381 36,515 36,896 
Other— 47 47 1 2,282 2,283 
Commercial business loans123 1,743 1,866 293 129,013 129,306 
SBA PPP loans— — — — 572 572 
Total$123 $14,575 $14,698 $4,518 $1,225,132 $1,229,650 
September 30, 2022      
Mortgage loans:      
One- to four-family$— $1,658 $1,658 $388 $175,728 $176,116 
Multi-family— 855 855 — 95,025 95,025 
Commercial— 6,682 6,682 2,988 533,662 536,650 
Construction – custom and owner/builder
— 675 675 — 67,091 67,091 
Construction – speculative one- to four-family
— 130 130 — 8,364 8,364 
Construction – commercial— 343 343 — 29,059 29,059 
Construction – multi-family— 447 447 — 34,354 34,354 
Construction – land development— 233 233 — 13,582 13,582 
Land— 397 397 450 26,404 26,854 
Consumer loans:      
Home equity and second mortgage
— 440 440 394 34,793 35,187 
Other— 42 42 3 2,125 2,128 
Commercial business loans127 1,674 1,801 309 124,730 125,039 
SBA PPP loans— — — — 1,001 1,001 
Total$127 $13,576 $13,703 $4,532 $1,145,918 $1,150,450 
Past Due Status of Loans Receivable
The following tables present an analysis of loans by aging category and portfolio segment at March 31, 2023 and September 30, 2022 (dollars in thousands):
 30–59
Days
Past Due		60-89
Days
Past Due		Non-
Accrual (1)		Past Due
90 Days
or More
and Still
Accruing		Total
Past Due		CurrentTotal
Loans
March 31, 2023       
Mortgage loans:       
One- to four-family$— $— $378 $— $378 $216,261 $216,639 
Multi-family— — — — — 103,870 103,870 
Commercial— — 694 — 694 547,182 547,876 
Construction – custom and owner/builder— — — — — 71,750 71,750 
Construction – speculative one- to four-family— — — — — 7,785 7,785 
Construction – commercial— — — — — 23,145 23,145 
Construction – multi-family— — — — — 50,758 50,758 
Construction – land development— — — — — 14,250 14,250 
Land— — 362 — 362 24,158 24,520 
Consumer loans:    
Home equity and second mortgage28 — 241 — 269 36,627 36,896 
Other— — 1 — 1 2,282 2,283 
Commercial business loans194 — 293 — 487 128,819 129,306 
SBA PPP loans— — — — — 572 572 
Total$222 $— $1,969 $— $2,191 $1,227,459 $1,229,650 
September 30, 2022       
Mortgage loans:       
One- to four-family$— $— $388 $— $388 $175,728 $176,116 
Multi-family— — — — — 95,025 95,025 
Commercial— — 657 — 657 535,993 536,650 
Construction – custom and owner/builder
— — — — — 67,091 67,091 
Construction – speculative one- to four-family
— — — — — 8,364 8,364 
Construction – commercial— — — — — 29,059 29,059 
Construction – multi-family— — — — — 34,354 34,354 
Construction – land development— — — — — 13,582 13,582 
Land— — 450 — 450 26,404 26,854 
Consumer loans:     
Home equity and second mortgage37 — 252 — 289 34,898 35,187 
Other— — 3 — 3 2,125 2,128 
Commercial business loans— — 309 — 309 124,730 125,039 
SBA PPP loans— — — — — 1,001 1,001 
Total$37 $— $2,059 $— $2,096 $1,148,354 $1,150,450 
______________________
(1) Includes non-accrual loans past due 90 days or more and other loans classified as non-accrual.
Financing Receivable Credit Quality Indicators
The following tables present an analysis of loans by credit quality indicator and portfolio segment at March 31, 2023 and September 30, 2022 (dollars in thousands):
Loan Grades 
March 31, 2023PassWatchSpecial
Mention		SubstandardTotal
Mortgage loans:     
One- to four-family$216,226 $33 $— $380 $216,639 
Multi-family103,870 — — — 103,870 
Commercial534,258 8,103 — 5,515 547,876 
Construction – custom and owner/builder68,505 3,245 — — 71,750 
Construction – speculative one- to four-family7,785 — — — 7,785 
Construction – commercial23,145 — — — 23,145 
Construction – multi-family50,758 — — — 50,758 
Construction – land development14,231 — — 19 14,250 
Land23,551 510 — 459 24,520 
Consumer loans:    
Home equity and second mortgage36,416 34 — 446 36,896 
Other2,255 27 — 1 2,283 
Commercial business loans128,997 — — 309 129,306 
SBA PPP loans540 32 — — 572 
Total$1,210,537 $11,984 $— $7,129 $1,229,650 
September 30, 2022     
Mortgage loans:    
One- to four-family$175,687 $38 $— $391 $176,116 
Multi-family95,025 — — — 95,025 
Commercial522,741 7,940 237 5,732 536,650 
Construction – custom and owner/builder65,249 1,842 — — 67,091 
Construction – speculative one- to four-family8,364 — — — 8,364 
Construction – commercial29,059 — — — 29,059 
Construction – multi-family34,354 — — — 34,354 
Construction – land development13,557 — — 25 13,582 
Land25,882 522 — 450 26,854 
Consumer loans:    
Home equity and second mortgage34,709 19 — 459 35,187 
Other2,063 62 — 3 2,128 
Commercial business loans124,712 — — 327 125,039 
SBA PPP loans1,001 — — — 1,001 
Total$1,132,403 $10,423 $237 $7,387 $1,150,450 
Impaired Loans Receivable
The following table is a summary of information related to impaired loans by portfolio segment as of March 31, 2023 and for the three and six months then ended (dollars in thousands):
Recorded
Investment		Unpaid Principal Balance (Loan Balance Plus Charge Off)Related
Allowance		Quarter to Date ("QTD") Average Recorded Investment (1)Year to Date ("YTD") Average Recorded Investment (2)QTD Interest Income Recognized (1)YTD Interest Income Recognized (2)QTD Cash Basis Interest Income Recognized (1)YTD Cash Basis Interest Income Recognized (2)
With no related allowance recorded:   
Mortgage loans:   
One- to four-family$378 $421 $— $381 $386 $7 $14 $7 $14 
Commercial3,006 3,006 — 2,890 2,984 40 81 30 63 
Land459 459 — 442 438 2 2 2 2 
Consumer loans: 
Home equity and second mortgage381 381 — 496 400 3 6 3 5 
Other1 1 — 2 3 — — — — 
Commercial business loans48 97 — 52 57 — — — — 
Subtotal4,273 4,365 — 4,263 4,268 52 103 42 84 
With an allowance recorded:   
Commercial business loans245 245 123 247 249 — — — — 
Subtotal245 245 123 247 249 — — — — 
Total:   
Mortgage loans:   
One- to four-family378 421 — 381 386 7 14 7 14 
Commercial3,006 3,006 — 2,890 2,984 40 81 30 63 
Land459 459 — 442 438 2 2 2 2 
Consumer loans:
Home equity and second mortgage381 381 — 496 400 3 6 3 5 
Other1 1 — 2 3 — — — — 
Commercial business loans293 342 123 299 306 — — — — 
Total$4,518 $4,610 $123 $4,510 $4,517 $52 $103 $42 $84 
______________________________________________
(1)For the three months ended March 31, 2023.
(2)For the six months ended March 31, 2023.
Recorded
Investment		Unpaid Principal Balance (Loan Balance Plus Charge Off)Related
Allowance		YTD
Average
Recorded
Investment (1)		YTD Interest
Income
Recognized
(1)		YTD Cash Basis Interest Income Recognized (1)
With no related allowance recorded:      
Mortgage loans:      
One- to four-family$388 $432 $— $470 $31 $31 
Commercial2,988 2,988 — 3,041 152 123 
Land
450 450 — 492 — — 
Consumer loans:      
Home equity and second mortgage394 394 — 436 6 5 
Other3 3 — 7 — — 
Commercial business loans59 108 — 121 — — 
Subtotal4,282 4,375 — 4,567 189 159 
With an allowance recorded:      
Consumer loans:      
Home equity and second mortgage— — — 145 — — 
Commercial business loans250 250 127 268 — — 
Subtotal250 250 127 413 — — 
Total      
Mortgage loans:      
One- to four-family388 432 — 470 31 31 
Commercial2,988 2,988 — 3,041 152 123 
Land450 450 — 492 — — 
Consumer loans:      
Home equity and second mortgage394 394 — 581 6 5 
Other3 3 — 7 — — 
Commercial business loans309 358 127 389 — — 
Total$4,532 $4,625 $127 $4,980 $189 $159 
_____________________________________________
(1) For the year ended September 30, 2022.
Schedule Of COVID Loan Modifications
Schedule of Troubled Debt Restructured Loans by Interest Accrual Status
The following tables set forth information with respect to the Company’s TDRs by interest accrual status as of March 31, 2023 and September 30, 2022 (dollars in thousands):
 March 31, 2023
 AccruingNon-
Accrual		Total
Mortgage loans:   
Commercial$2,312 $— $2,312 
Land97 — 97 
Consumer loans:   
   Home equity and second mortgage141 50 191 
Total$2,550 $50 $2,600 

 September 30, 2022
 AccruingNon-
Accrual		Total
Mortgage loans:   
Commercial$2,330 $— $2,330 
Land— 88 88 
Consumer loans:   
   Home equity and second mortgage142 55 197 
Total$2,472 $143 $2,615