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Consolidated Statements Of Income - USD ($)
$ in Thousands
3 Months Ended
Dec. 31, 2023
Dec. 31, 2022
INTEREST AND DIVIDEND INCOME:    
Loans receivable $ 75,941 $ 64,819
Mortgage-backed securities ("MBS") 5,859 4,811
Cash and cash equivalents 4,778 16,671
FHLB stock 2,586 4,158
Investment securities 2,528 881
Total interest and dividend income 91,692 91,340
INTEREST EXPENSE:    
Borrowings 32,443 11,904
Deposits 19,656 33,608
Total interest expense 52,099 45,512
NET INTEREST INCOME 39,593 45,828
Provision for credit losses 123 3,660
NET INTEREST INCOME AFTER PROVISION FOR CREDIT LOSSES 39,470 42,168
NON-INTEREST INCOME:    
Net loss from securities transactions (13,345) 0
Other non-interest income 1,013 1,096
Total non-interest income (8,894) 5,352
NON-INTEREST EXPENSE:    
Salaries and employee benefits 12,992 13,698
Information technology and related expense 5,369 5,070
Occupancy, net 3,372 3,474
Federal insurance premium 1,860 812
Regulatory and outside services 1,643 1,533
Advertising and promotional 988 833
Deposit and loan transaction costs 542 611
Office supplies and related expense 361 633
Other non-interest expense 1,381 1,109
Total non-interest expense 28,508 27,773
INCOME BEFORE INCOME TAX (BENEFIT) EXPENSE 2,068 19,747
INCOME TAX (BENEFIT) EXPENSE (475) 3,507
NET INCOME $ 2,543 $ 16,240
Basic earnings per share ("EPS") $ 0.02 $ 0.12
Diluted EPS $ 0.02 $ 0.12
Basic weighted average common shares 132,353,313 134,640,932
Diluted weighted average common shares 132,353,313 134,640,932
Deposit service fees [Member]    
NON-INTEREST INCOME:    
Revenue from contracts with customers $ 2,575 $ 3,461
Insurance commissions [Member]    
NON-INTEREST INCOME:    
Revenue from contracts with customers $ 863 $ 795