ACCUMULATED OTHER COMPREHENSIVE INCOME (Tables)

9 Months Ended

Jun. 30, 2022

ACCUMULATED OTHER COMPREHENSIVE INCOME

Changes in Accumulated Other Comprehensive Income by Component, Net of Tax

The following table presents changes in accumulated other comprehensive income (loss) by component, net of tax, for the nine months ended June 30, 2022 and 2021:

	Unrealized Gains and
	Losses on Available-
	for-Sale Debt
(in thousands)	Securities
Balance at October 1, 2021	$	256
Other comprehensive loss, before reclassification		(451)
Amount reclassified from accumulated other comprehensive income		(81)
Net current period other comprehensive loss		(532)
Balance at June 30, 2022	$	(276)

	Unrealized Gains and
	Losses on Available-
	for-Sale Debt
(in thousands)	Securities
Balance at October 1, 2020	$	156
Other comprehensive income, before reclassification		288
Amount reclassified from accumulated other comprehensive income		(191)
Net current period other comprehensive income		97
Balance at June 30, 2021	$	253

Significant Amounts Reclassified Out of Accumulated Other Comprehensive Income

	Three Months Ended				Nine Months Ended
	June 30,				June 30,				Affected Line Item in Consolidated
(in thousands)	2022		2021		2022		2021		Statements of Income
Realized gains on securities available-for-sale	$	—	$	—	$	105	$	240	Gain on sale of investment securities available-for-sale, net
Tax effect		—		—		24		49	Income tax expense
Net of tax	$	—	$	—	$	81	$	191