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PARENT COMPANY FINANCIAL STATEMENTS (Tables)
12 Months Ended
Sep. 30, 2014
PARENT COMPANY FINANCIAL STATEMENTS [Abstract]  
Condensed Statements of Financial Condition
CONDENSED STATEMENTS OF FINANCIAL CONDITION
 
September 30,
 
2014
  
2013
 
  
(Dollars in Thousands)
 
ASSETS
    
Cash and cash equivalents
 
$
9,439
  
$
11,386
 
Investment in subsidiaries
  
175,568
   
142,199
 
Other assets
  
393
   
329
 
Total assets
 
$
185,400
  
$
153,914
 
         
LIABILITIES AND STOCKHOLDERS' EQUITY
        
         
LIABILITIES
        
Subordinated debentures
 
$
10,310
  
$
10,310
 
Other liabilities
  
288
   
620
 
Total liabilities
 
$
10,598
  
$
10,930
 
         
STOCKHOLDERS' EQUITY
        
Common stock
  
62
   
61
 
Additional paid-in capital
  
95,079
   
92,963
 
Retained earnings
  
83,797
   
71,268
 
Accumulated other comprehensive income (loss)
  
(3,409
)
  
(20,285
)
Treasury stock, at cost
  
(727
)
  
(1,023
)
Total stockholders' equity
 
$
174,802
  
$
142,984
 
Total liabilities and stockholders' equity
 
$
185,400
  
$
153,914
 

Condensed Statements of Operations
CONDENSED STATEMENTS OF OPERATIONS
 
Years ended September 30,
 
2014
  
2013
  
2012
 
  
(Dollars in Thousands)
 
Total other income
 
$
-
  
$
-
  
$
25
 
             
Interest expense
  
348
   
469
   
482
 
Other expense
  
770
   
941
   
209
 
Total expense
  
1,118
   
1,410
   
691
 
             
Loss before income taxes and equity in undistributed net income of subsidiaries
  
(1,118
)
  
(1,410
)
  
(666
)
             
Income tax benefit
  
(422
)
  
(509
)
  
(275
)
             
Loss before equity in undistributed net income of subsidiaries
  
(696
)
  
(901
)
  
(391
)
             
Equity in undistributed net income of subsidiaries
  
16,409
   
14,319
   
17,505
 
             
Net income
 
$
15,713
  
$
13,418
  
$
17,114
 

Condensed Statements of Cash Flows
CONDENSED STATEMENTS OF CASH FLOWS

For the Years Ended September 30,
 
2014
  
2013
  
2012
 
  
(Dollars in Thousands)
 
CASH FLOWS FROM OPERATING ACTIVITIES
      
Net income
 
$
15,713
  
$
13,418
  
$
17,114
 
Adjustments to reconcile net income to net cash provided by (used in) operating activites
            
Depreciation, amortization and accretion, net
  
(310
)
  
-
   
-
 
Equity in undistributed net income of subsidiaries
  
(16,409
)
  
(14,319
)
  
(17,505
)
Change in other assets
  
246
   
54
   
498
 
Change in other liabilities
  
(332
)
  
(339
)
  
865
 
Net cash provided by (used in) operating activities
  
(1,092
)
  
(1,186
)
  
972
 
             
CASH FLOWS FROM INVESTING ACTIVITES
            
Capital contributions to subsidiaries
  
-
   
(6,000
)
  
(42,482
)
Net cash provided by (used in)investing activites
  
-
   
(6,000
)
  
(42,482
)
             
CASH FLOWS FROM FINANCING ACTIVITIES
            
Cash dividends paid
  
(3,184
)
  
(2,926
)
  
(1,832
)
Stock compensation
  
4
   
165
   
27
 
Proceeds from issuance of common stock
  
(51
)
  
12,718
   
47,796
 
Proceeds from exercise of stock options
  
2,376
   
2,548
   
-
 
Other, net
  
-
   
(38
)
  
-
 
Net cash provided by (used in) financing activities
  
(855
)
  
12,467
   
45,991
 
             
Net change in cash and cash equivalents
 
$
(1,947
)
 
$
5,281
  
$
4,481
 
             
CASH AND CASH EQUIVALENTS
            
Beginning of year
 
$
11,386
  
$
6,105
  
$
1,624
 
End of year
 
$
9,439
  
$
11,386
  
$
6,105