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FAIR VALUE OF FINANCIAL INSTRUMENTS (Tables)

6 Months Ended

Mar. 31, 2026

Fair Value Disclosures [Abstract]

Summary of Fair Values of Securities Available for Sale and Held to Maturity

The following table summarizes the fair values of debt securities AFS and equity securities as they are measured at fair value on a recurring basis.

(Dollars in thousands)			Total			Level 1			Level 2			Level 3
March 31, 2026
Debt securities AFS
Corporate securities			$	21,500		$	—		$	21,500		$	—
SBA securities			10,333			—			10,333			—
Obligations of states and political subdivisions			165			—			165			—
Non-bank qualified obligations of states and political subdivisions			175,797			—			175,797			—
Asset-backed securities			127,999			—			127,999			—
Mortgage-backed securities			935,559			—			935,559			—
Total debt securities AFS			$	1,271,353		$	—		$	1,271,353		$	—
Common equities and mutual funds(1)			$	4,615		$	4,615		$	—		$	—
Non-marketable equity securities(2)			$	13,640		$	—		$	—		$	—
September 30, 2025
Debt securities AFS
Corporate securities			$	21,250		$	—		$	21,250		$	—
SBA securities			10,769			—			10,769			—
Obligations of states and political subdivisions			162			—			162			—
Non-bank qualified obligations of states and political subdivisions			187,040			—			187,040			—
Asset-backed securities			136,372			—			136,372			—
Mortgage-backed securities			972,250			—			972,250			—
Total debt securities AFS			$	1,327,843		$	—		$	1,327,843		$	—
Common equities and mutual funds(1)			$	3,787		$	3,787		$	—		$	—
Non-marketable equity securities(2)			$	13,237		$	—		$	—		$	—

(1) Equity securities at fair value are included within other assets on the Condensed Consolidated Statements of Financial Condition at March 31, 2026 and September 30, 2025.

(2) Consists of certain non-marketable equity securities that are measured at fair value using NAV as a practical expedient and are excluded from the fair value hierarchy.

Assets Measured at Fair Value on Nonrecurring Basis

The following table summarizes the assets of the Company that are measured at fair value in the Condensed Consolidated Statements of Financial Condition on a nonrecurring basis:

(Dollars in thousands)			Total			Level 1			Level 2			Level 3
March 31, 2026
Loans and leases, net individually evaluated for credit loss
Commercial finance			$	29,635		$	—		$	—		$	29,635
Total loans and leases, net individually evaluated for credit loss			29,635			—			—			29,635
Total			$	29,635		$	—		$	—		$	29,635
September 30, 2025
Loans and leases, net individually evaluated for credit loss
Commercial finance			$	32,321		$	—		$	—		$	32,321
Total loans and leases, net individually evaluated for credit loss			32,321			—			—			32,321
Total			$	32,321		$	—		$	—		$	32,321

Quantitative Information about Level 3 Fair Value Measurements

Quantitative Information About Level 3 Fair Value Measurements

(Dollars in thousands)

Fair Value at March 31, 2026

Fair Value at September 30, 2025

Valuation Technique

Unobservable Input

Range of Inputs

Loans and leases, net individually evaluated for credit loss

$

29,635

$

32,321

Market approach

Appraised values(1)

3% - 42%

(1) The Company generally relies on external appraisers to develop this information. Management reduced the appraised value by estimating selling costs and other inputs in a range of 3% to 42%.

Carrying Amount and Estimated Fair Value of Financial Instruments

The following tables present the carrying amount and estimated fair value of the financial instruments held by the Company:

			March 31, 2026
(Dollars in thousands)			Carrying Amount			Estimated Fair Value			Level 1			Level 2			Level 3
Financial assets
Cash and cash equivalents			$	157,602		$	157,602		$	157,602		$	—		$	—
Debt securities available for sale			1,271,353			1,271,353			—			1,271,353			—
Debt securities held to maturity			28,068			23,961			—			23,961			—
Common equities and mutual funds(1)			4,615			4,615			4,615			—			—
Non-marketable equity securities(1)(2)			21,051			21,051			—			7,411			—
Loans held for sale			53,072			53,072			—			53,072			—
Loans and leases			4,868,322			4,822,116			—			—			4,822,116
Federal Reserve Bank and Federal Home Loan Bank stocks			25,480			25,480			—			25,480			—
Accrued interest receivable			36,127			36,127			36,127			—			—
Financial liabilities
Deposits			5,851,696			5,851,618			5,849,056			2,562			—
Overnight federal funds purchased			26,000			26,000			26,000			—			—
Other short- and long-term borrowings			33,508			34,023			—			34,023			—
Accrued interest payable			186			186			186			—			—

(1) Equity securities at fair value are included within other assets on the Condensed Consolidated Statements of Financial Condition at March 31, 2026.

(2) Includes certain non-marketable equity securities that are measured at fair value using NAV per share (or its equivalent) as a practical expedient and are excluded from the fair value hierarchy.

			September 30, 2025
(Dollars in thousands)			Carrying Amount			Estimated Fair Value			Level 1			Level 2			Level 3
Financial assets
Cash and cash equivalents			$	120,568		$	120,568		$	120,568		$	—		$	—
Debt securities available for sale			1,327,843			1,327,843			—			1,327,843			—
Debt securities held to maturity			29,308			25,653			—			25,653			—
Common equities and mutual funds(1)			3,787			3,787			3,787			—			—
Non-marketable equity securities(1)(2)			19,937			19,937			—			6,699			—
Loans held for sale			179,421			179,421			—			179,421			—
Loans and leases			4,665,006			4,599,269			—			—			4,599,269
Federal Reserve Bank and Federal Home Loan Bank stocks			24,708			24,708			—			24,708			—
Accrued interest receivable			38,520			38,520			38,520			—			—
Financial liabilities
Deposits			5,886,947			5,886,914			5,884,311			2,604			—
Overnight federal funds purchased			9,000			9,000			9,000			—			—
Other short- and long-term borrowings			33,456			33,667			—			33,667			—
Accrued interest payable			188			188			188			—			—

(1) Equity securities at fair value are included within other assets on the Consolidated Statements of Financial Condition at September 30, 2025.

(2) Includes certain non-marketable equity securities that are measured at fair value using NAV per share (or its equivalent) as a practical expedient and are excluded from the fair value hierarchy.

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- Definition

Tabular disclosure of input and valuation technique used to measure fair value and change in valuation approach and technique for each separate class of asset and liability measured on recurring and nonrecurring basis.

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Tabular disclosure of assets and liabilities by class, including financial instruments measured at fair value that are classified in shareholders' equity, if any, that are measured at fair value on a nonrecurring basis in periods after initial recognition (for example, impaired assets). Disclosures may include, but are not limited to: (a) the fair value measurements recorded and the reasons for the measurements and (b) the level within the fair value hierarchy in which the fair value measurements are categorized in their entirety (levels 1, 2, 3).

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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Tabular disclosure of assets, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, by class that are measured at fair value on a recurring basis. The disclosures contemplated herein include the fair value measurements at the reporting date by the level within the fair value hierarchy in which the fair value measurements in their entirety fall, segregating fair value measurements using quoted prices in active markets for identical assets (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3).

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Tabular disclosure of the fair value of financial instruments, including financial assets and financial liabilities, and the measurements of those instruments, assets, and liabilities.

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