LEASE COMMITMENTS

12 Months Ended

Sep. 30, 2019

The Company has leased property under various non-cancelable operating lease agreements which expire at various times through 2036, and require annual rentals ranging from $2,000 to $867,000 plus the payment of property taxes, normal maintenance, and insurance on certain properties. The Company is also a party to capital lease agreements for building and equipment that expire at various times through fiscal year 2035. Interest expense for these capital lease obligations was $0.1 million for the fiscal year ended September 30, 2019, and is included in interest expense. Depreciation expense for the capital lease assets was $0.1 million for the fiscal year ended September 30, 2019 and is included in noninterest expense.

The following table shows the total minimum rental commitment for the Company's operating and capital leases for each of the fiscal years presented below as of September 30, 2019.



	Fiscal Year Ended September 30,
(Dollars in Thousands)	Operating Leases		Capital Leases
2020	$	3,709	$	216
2021	3,429		216
2022	2,955		216
2023	2,561		216
2024	2,457		194
Thereafter	18,971		1,876
Total leases commitments	$	34,082	$	2,934

Amounts representing interest			$	986
Present value of net minimum lease payments			1,948