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Condensed Financial Information - Parent Company Only | 12 Months Ended
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Sep. 30, 2014
Condensed Financial Information of Parent Company Only Disclosure [Abstract] |
Condensed Financial Information - Parent Company Only | Condensed Financial Information - Parent Company Only Condensed Balance Sheets - September 30, 2014 and 2013 (dollars in thousands)
| 2014 |  |  | 2013 |
Assets |  |  |
Cash and cash equivalents: |  |  |
Cash and due from financial institutions | $ | 55 |  |  | $ | 126 |
Interest-bearing deposits in banks | 440 |  |  | 379 |
Total cash and cash equivalents | 495 |  |  | 505 |
Loan receivable from ESOP | 2,183 |  |  | 2,565 |
Investment in Bank | 80,031 |  |  | 86,795 |
Other assets | 124 |  |  | 40 |
Total assets | $ | 82,833 |  |  | $ | 89,905 |
Liabilities and shareholders’ equity |  |  |  |  |
Accrued expenses | $ | 55 |  |  | $ | 217 |
Shareholders’ equity | 82,778 |  |  | 89,688 |
Total liabilities and shareholders’ equity | $ | 82,833 |  |  | $ | 89,905 |
Condensed Statements of Income - Years Ended September 30, 2014, 2013 and 2012 (dollars in thousands)
| 2014 |  |  | 2013 |  |  | 2012 |
Operating income |  |  |  |  |
Interest on deposits in banks | $ | — |  |  | $ | 1 |  |  | $ | 1 |
Interest on loan receivable from ESOP | 206 |  |  | 237 |  |  | 266 |
Dividends from bank | 13,190 |  |  | 3,300 |  |  | — |
Total operating income | 13,396 |  |  | 3,538 |  |  | 267 |
Operating expenses | 409 |  |  | 455 |  |  | 556 |
Income (loss) before income taxes and equity in undistributed income of Bank | 12,987 |  |  | 3,083 |  |  | (289 | )
Benefit for income taxes | (110 | ) |  | (98 | ) |  | (98 | )
Income (loss) before undistributed income of Bank | 13,097 |  |  | 3,181 |  |  | (191 | )
Equity in undistributed income of Bank (dividends in excess of income of Bank) | (7,247 | ) |  | 1,576 |  |  | 4,781 |
Net income | 5,850 |  |  | 4,757 |  |  | 4,590 |
Preferred stock dividends | (136 | ) |  | (710 | ) |  | (832 | )
Preferred stock accretion | (70 | ) |  | (283 | ) |  | (240 | )
Discount on redemption of preferred stock | — |  |  | 255 |  |  | — |
Net income to common shareholders | $ | 5,644 |  |  | $ | 4,019 |  |  | $ | 3,518 |
Condensed Statements of Cash Flows - Years Ended September 30, 2014, 2013 and 2012 (dollars in thousands)
| 2014 |  |  | 2013 |  |  | 2012 |
Cash flows from operating activities |  |  |  |  |
Net income | $ | 5,850 |  |  | $ | 4,757 |  |  | $ | 4,590 |
Adjustments to reconcile net income to net cash provided by operating activities: |  |  |  |  |  |  |  |
(Equity in undistributed income of Bank) dividends in excess of income of Bank | 7,247 |  |  | (1,576 | ) |  | (4,781 | )
ESOP shares earned, net of tax | 264 |  |  | 265 |  |  | 264 |
MRDP compensation expense | 2 |  |  | 39 |  |  | 105 |
Stock option compensation expense | 104 |  |  | 49 |  |  | 15 |
Stock option tax effect | 4 |  |  | — |  |  | — |
Other, net | (247 | ) |  | (39 | ) |  | 406 |
Net cash provided by operating activities | 13,224 |  |  | 3,495 |  |  | 599 |
Cash flows from investing activities |  |  |  |  |  |  |  |
Investment in Bank | (459 | ) |  | (344 | ) |  | (243 | )
Principal repayments on loan receivable from Bank | 382 |  |  | 353 |  |  | 322 |
Net cash provided by (used in) investing activities | (77 | ) |  | 9 |  |  | 79 |
Cash flows from financing activities |  |  |  |  |  |  |  |
Proceeds from issuance of common stock | 23 |  |  | — |  |  | — |
Repurchase of preferred stock | (12,065 | ) |  | (4,321 | ) |  | — |
Payment of dividends | (1,185 | ) |  | (1,368 | ) |  | (2,080 | )
ESOP tax effect | 64 |  |  | 6 |  |  | (65 | )
MRDP compensation tax effect | 2 |  |  | (8 | ) |  | (28 | )
Stock option excess tax benefit | 4 |  |  | — |  |  | — |
Net cash used in financing activities | (13,157 | ) |  | (5,691 | ) |  | (2,173 | )
Net decrease in cash and cash equivalents | (10 | ) |  | (2,187 | ) |  | (1,495 | )
Cash and cash equivalents |  |  |  |  |  |  |  |
Beginning of year | 505 |  |  | 2,692 |  |  | 4,187 |
End of year | $ | 495 |  |  | $ | 505 |  |  | $ | 2,692 |

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- Definition The entire disclosure for condensed financial information, including the financial position, cash flows, and the results of operations of the registrant (parent company) as of the same dates or for the same periods for which audited consolidated financial statements are being presented. Alternatively, the details of this disclosure can be reported by the specific parent company taxonomy elements, indicating the appropriate date and period contexts in an instance document. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 06 -Article 9 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 3 -Subparagraph (SX 210.12-04) -URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e24072-122690 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 45 -Paragraph 11 -URI http://asc.fasb.org/extlink&oid=7656940&loc=d3e5283-111683 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 04 -Article 12 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 04 -Paragraph c -Article 5 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 05 -Paragraph c -Article 7 + Details
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