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OREO and Other Repossessed Assets
12 Months Ended
Sep. 30, 2023
Other Real Estate, Foreclosed Assets, and Repossessed Assets [Abstract]  
OREO and Other Repossessed Assets OREO and Other Repossessed Assets
The following table presents the activity related to OREO and other repossessed assets for the years ended September 30, 2023 and 2022 (dollars in thousands):
20232022
 AmountNumber
Amount
Number
Balance, beginning of year$— $157 
Sales — — (157)(1)
Balance, end of year$ 2 $ 2 

At September 30, 2023 and 2022, OREO and other repossessed assets consisted of two OREO properties in Washington with no book value. The Company did not record a net gain or loss on sale of OREO for the year ended September 30, 2023. For the years ended September 30, 2022 and 2021 the company recorded net gains on sales of OREO and other repossessed assets of $2,000, and $92,000, respectively. Gains and losses on sales of OREO and other repossessed assets are recorded in the OREO and other repossessed assets, net category in non-interest expense in the accompanying consolidated statements of income.
At September 30, 2023, and 2022 there were no foreclosed residential real estate properties held in OREO as a result of obtaining physical possession, and there were no one- to four-family properties in the process of foreclosure.