COMMITMENTS AND CONTINGENT LIABILITIES

12 Months Ended

Sep. 30, 2016

Commitments and Contingencies Disclosure [Abstract]

COMMITMENTS AND CONTINGENT LIABILITIES

(19) COMMITMENTS AND CONTINGENT LIABILITIES

In the normal course of business, there are outstanding various commitments and contingent liabilities, such as commitments to extend credit and legal claims, which are not reflected in the accompanying consolidated financial statements.

Commitments under outstanding standby letters of credit totaled $3.7 million and $3.9 million at September 30, 2016 and 2015, respectively.

The following is a summary of the commitments to extend credit at September 30, 2016 and 2015:

 

(In thousands)	2016		2015
Loan commitments:
Fixed rate	$	7,189	$	5,935
Adjustable rate		45,526		13,047
Guarantees of third-party revolving credit		86		87
Undisbursed portion of home equity lines of credit		24,418		21,403
Undisbursed portion of commercial and personal lines of credit		26,759		24,424
Undisbursed portion of construction loans in process		27,623		18,599
Total commitments to extend credit	$	131,601	$	83,495