Low Income Housing Partnerships	3 Months Ended
Dec. 31, 2015
Investments in Affordable Housing Projects [Abstract]
Low Income Housing Partnerships	5. LOW INCOME HOUSING PARTNERSHIPS The Bank's investment in low income housing partnerships, which is included in other assets in the consolidated balance sheets, was $51.1 million and $41.8 million at December 31, 2015 and September 30, 2015, respectively. The Bank's obligations related to unfunded commitments, which are included in accounts payable and accrued expenses in the consolidated balance sheets, were $21.8 million and $14.6 million at December 31, 2015 and September 30, 2015, respectively. The majority of the commitments are projected to be funded through the end of calendar year 2018. Expenses associated with the Bank's investment in the low income housing partnerships are included in low income housing partnerships in the consolidated statements of income. The low income housing partnership expenses resulted in other tax benefits of $292 thousand for the three months ended December 31, 2015 which are a component of income tax expense in the consolidated statements of income. Affordable housing tax credits are recognized as a component of income tax expense in the consolidated statements of income and totaled $1.2 million for the three months ended December 31, 2015. There were no impairment losses during the three months ended December 31, 2015 resulting from the forfeiture or ineligibility of tax credits or other circumstances.

5. LOW INCOME HOUSING PARTNERSHIPS

The Bank's investment in low income housing partnerships, which is included in other assets in the consolidated balance sheets, was $51.1 million and $41.8 million at December 31, 2015 and September 30, 2015, respectively. The Bank's obligations related to unfunded commitments, which are included in accounts payable and accrued expenses in the consolidated balance sheets, were $21.8 million and $14.6 million at December 31, 2015 and September 30, 2015, respectively. The majority of the commitments are projected to be funded through the end of calendar year 2018.

Expenses associated with the Bank's investment in the low income housing partnerships are included in low income housing partnerships in the consolidated statements of income. The low income housing partnership expenses resulted in other tax benefits of $292 thousand for the three months ended December 31, 2015 which are a component of income tax expense in the consolidated statements of income. Affordable housing tax credits are recognized as a component of income tax expense in the consolidated statements of income and totaled $1.2 million for the three months ended December 31, 2015. There were no impairment losses during the three months ended December 31, 2015 resulting from the forfeiture or ineligibility of tax credits or other circumstances.