GOODWILL AND OTHER INTANGIBLES (Tables)

12 Months Ended

Sep. 30, 2016

Goodwill and Intangible Assets Disclosure [Abstract]

Changes in Carrying Amount of Goodwill

The changes in the carrying amount of goodwill for the years ended September 30, 2016 and 2015 are summarized as follows:

(In thousands)	2016		2015
Beginning balance	$	7,936	$	7,936
Changes in goodwill		-		-
Ending balance	$	7,936	$	7,936

Summary Of Other Intangible Assets

The following is a summary of other intangible assets subject to amortization:

(In thousands)	2016		2015
Core deposit intangible acquired in Community First acquisition	$	2,741	$	2,741
Core deposit intangible acquired in First Federal branch acquisition		566		566
Less accumulated amortization		(2,270)		(1,926)
Ending balance	$	1,037	$	1,381

Estimated Amortization Expense For The Core Deposit Intangibles

Amortization expense of intangibles amounted to $344,000 for each of the years ended September 30, 2016 and 2015. Estimated amortization expense for the core deposit intangibles for each of the ensuing five years and in the aggregate is as follows:

 

Years ending September 30:	(In thousands)
2017	$	344
2018		344
2019		148
2020		50
2021		50
2022 and thereafter		101
Total	$	1,037