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Consolidated Statements of Income - USD ($)
$ in Thousands
12 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2021
Interest and dividend income      
Loans receivable and loans held for sale $ 63,154 $ 51,324 $ 52,539
Investment securities 9,384 3,488 1,195
Dividends from mutual funds, FHLB stock and other investments 270 120 111
Interest-bearing deposits in banks and CDs 7,143 3,576 1,117
Total interest and dividend income 79,951 58,508 54,962
Interest expense      
Deposits 11,302 2,657 3,013
FHLB borrowings 290 17 91
Total interest expense 11,592 2,674 3,104
Net interest income 68,359 55,834 51,858
Provision for loan losses 2,132 270 0
Net interest income after provision for loan losses 66,227 55,564 51,858
Non-interest income      
Net recoveries on investment securities 9 22 20
Gain on sales of investment securities, net 95 0 0
BOLI net earnings 706 613 597
Gain on sales of loans, net 244 1,510 5,904
Valuation recovery on loan servicing rights, net 0 119 110
Other, net 959 975 1,245
Total non-interest income, net 11,140 12,624 17,161
Non-interest expense      
Salaries and employee benefits 23,562 20,816 18,750
Premises and equipment 3,915 3,736 3,942
(Gain) loss on sales/dispositions of premises and equipment, net (19) 13 0
Advertising 786 695 625
OREO and other repossessed assets, net 1 (17) (87)
ATM and debit card interchange transaction fees 1,987 1,943 1,831
Postage and courier 532 577 587
Amortization of CDI 271 316 361
State and local taxes 1,219 1,062 1,088
Professional fees 2,078 1,747 1,006
Federal Deposit Insurance Corporation ("FDIC") insurance 711 506 415
Loan administration and foreclosure 503 508 471
Technology and communications 3,545 2,719 2,510
Deposit operations 1,368 1,235 1,091
Other 2,914 2,770 2,001
Total non-interest expense, net 43,373 38,626 34,591
Income before income taxes and equity in undistributed     income of Bank 33,994 29,562 34,428
Provision for income taxes 6,876 5,962 6,845
Net income $ 27,118 $ 23,600 $ 27,583
Net income per common share      
Basic (in dollars per share) $ 3.32 $ 2.84 $ 3.31
Diluted (in dollars per share) $ 3.29 $ 2.82 $ 3.27
Service charges on deposits      
Non-interest income      
Service charges on deposits $ 3,824 $ 3,964 $ 3,911
ATM and debit card interchange transaction fees      
Non-interest income      
Service charges on deposits 5,194 5,210 5,084
Escrow fees      
Non-interest income      
Service charges on deposits 109 211 $ 290
Fee income from non-deposit investment sales      
Non-interest income      
Service charges on deposits $ 36 $ 27