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MBS And Other Investments (Tables)
 12 Months Ended
Sep. 30, 2014
Investments [Abstract]  
Marketable Securities
were as follows as of September 30, 2014 and 2013 (dollars in thousands):

 
Amortized
Cost
 
Gross
Unrealized
Gains
 
Gross
Unrealized
Losses
 
Estimated
Fair Value
September 30, 2014
 
 
 
 
 
 
 
Held to Maturity
 
 
 
 
 
 
 
MBS:
 
 
 
 
 
 
 
U.S. government agencies
$
1,002

 
$
32

 
$
(2
)
 
$
1,032

Private label residential
1,280

 
965

 
(7
)
 
2,238

U.S. agency securities
3,016

 
1

 
(13
)
 
3,004

Total
$
5,298

 
$
998

 
$
(22
)
 
$
6,274

 
 
 
 
 
 
 
 
Available for Sale
 

 
 

 
 

 
 

MBS:
 

 
 

 
 

 
 

U.S. government agencies
$
1,801

 
$
100

 
$
(2
)
 
$
1,899

Mutual funds
1,000

 
—

 
(42
)
 
958

Total
$
2,801

 
$
100

 
$
(44
)
 
$
2,857

 
 
 
 
 
 
 
 
September 30, 2013
 
 
 
 
 
 
 
Held to Maturity
 

 
 

 
 

 
 

MBS:
 

 
 

 
 

 
 

U.S. government agencies
$
1,202

 
$
31

 
$
(2
)
 
$
1,231

Private label residential
1,521

 
781

 
(15
)
 
2,287

U.S. agency securities
14

 
1

 
—

 
15

Total
$
2,737

 
$
813

 
$
(17
)
 
$
3,533

 
 
 
 
 
 
 
 
Available for Sale
 

 
 

 
 

 
 

MBS:
 

 
 

 
 

 
 

U.S. government agencies
$
2,144

 
$
87

 
$
(2
)
 
$
2,229

Private label residential
804

 
120

 
(10
)
 
914

Mutual funds
1,000

 
—

 
(42
)
 
958

Total
$
3,948

 
$
207

 
$
(54
)
 
$
4,101
Unrealized Gain (Loss) on Investments
of September 30, 2014 (dollars in thousands):
 
Less Than 12 Months
 
12 Months or Longer
 
Total
 
Estimated
 Fair
 Value
 
Gross
Unrealized
Losses
 
Qty
 
Estimated
 Fair
 Value
 
Gross
Unrealized
Losses
 
Qty
 
Estimated
 Fair
 Value
 
Gross
Unrealized
Losses
Held to Maturity
 

 
 

 
 

 
 

 
 

 
 

 
 

 
 

MBS:
 

 
 

 
 

 
 

 
 

 
 

 
 

 
 

U.S. government agencies
$
—

 
$
—

 
—

 
$
76

 
$
(2
)
 
8

 
$
76

 
$
(2
)
Private label residential
9

 
—

 
1

 
188

 
(7
)
 
11

 
197

 
(7
)
U.S. agency securities
2,989

 
(13
)
 
1

 
—

 
—

 
—

 
2,989

 
(13
)
     Total
$
2,998

 
$
(13
)
 
2

 
$
264

 
$
(9
)
 
19

 
$
3,262

 
$
(22
)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Available for Sale
 

 
 

 
 

 
 

 
 

 
 

 
 

 
 

MBS:
 

 
 

 
 

 
 

 
 

 
 

 
 

 
 

U.S. government agencies
$
19

 
$
—

 
1

 
$
40

 
$
(2
)
 
1

 
$
59

 
$
(2
)
Mutual funds
—

 
—

 
—

 
958

 
(42
)
 
1

 
958

 
(42
)
     Total
$
19

 
$
—

 
1

 
$
998

 
$
(44
)
 
2

 
$
1,017

 
$
(44
)

Held to maturity and available for sale securities with unrealized losses were as follows as of September 30, 2013 (dollars in thousands):
 
Less Than 12 Months
 
12 Months or Longer
 
Total
 
Estimated
 Fair
 Value
 
Gross
Unrealized
Losses
 
Qty
 
Estimated
 Fair
 Value
 
Gross
Unrealized
Losses
 
Qty
 
Estimated
 Fair
 Value
 
Gross
Unrealized
Losses
Held to Maturity
 

 
 

 
 

 
 

 
 

 
 

 
 

 
 

MBS:
 

 
 

 
 

 
 

 
 

 
 

 
 

 
 

U.S. government agencies
$
3

 
$
—

 
6

 
$
88

 
$
(2
)
 
4

 
$
91

 
$
(2
)
Private label residential
80

 
(4
)
 
4

 
239

 
(11
)
 
14

 
319

 
(15
)
     Total
$
83

 
$
(4
)
 
10

 
$
327

 
$
(13
)
 
18

 
$
410

 
$
(17
)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Available for Sale
 

 
 

 
 

 
 

 
 

 
 

 
 

 
 

MBS:
 

 
 

 
 

 
 

 
 

 
 

 
 

 
 

U.S. government agencies
$
96

 
$
(2
)
 
3

 
$
—

 
$
—

 
1

 
$
96

 
$
(2
)
Private label residential
—

 
—

 
—

 
108

 
(10
)
 
2

 
108

 
(10
)
Mutual funds
958

 
(42
)
 
1

 
—

 
—

 
—

 
958

 
(42
)
     Total
$
1,054

 
$
(44
)
 
4

 
$
108

 
$
(10
)
 
3

 
$
1,162

 
$
(54
)
Schedule of Significant Inputs Utilized to Measure Estimate of Credit Loss Component on OTTI Securities
The following table presents a summary of the significant inputs utilized to measure management’s estimates of the credit loss component on OTTI securities as of September 30, 2014, 2013 and 2012:

 
Range
 
Weighted
 
Minimum 
 
Maximum 
 
Average 
September 30, 2014
 
 
 
 
 
Constant prepayment rate
6.00
%
 
15.00
%
 
10.59
%
Collateral default rate
0.01
%
 
22.34
%
 
7.41
%
Loss severity rate
0.16
%
 
75.17
%
 
45.81
%
 
 
 
 
 
 
September 30, 2013
 
 
 
 
 
Constant prepayment rate
6.00
%
 
15.00
%
 
12.33
%
Collateral default rate
0.73
%
 
22.53
%
 
7.84
%
Loss severity rate
20.48
%
 
75.02
%
 
52.69
%
 
 
 
 
 
 
September 30, 2012
 
 
 
 
 
Constant prepayment rate
6.00
%
 
15.00
%
 
8.77
%
Collateral default rate
0.06
%
 
28.40
%
 
8.74
%
Loss severity rate
0.52
%
 
76.03
%
 
48.28
%
Schedule of Other than Temporary Impairments
The following table presents the OTTI losses for the years ended September 30, 2014, 2013 and 2012 (dollars in thousands):
 
2014
 
2013
 
2012
 
Held To
Maturity
 
Available
For Sale
 
Held To
Maturity
 
Available
For Sale
 
Held To Maturity
 
Available For Sale
Total recoveries (OTTI)
$
(83
)
 
$
90

 
$
(13
)
 
$
(2
)
 
$
(156
)
 
$
(50
)
Adjustments for portion of OTTI recorded as (transferred from) other comprehensive loss (before taxes)(1)
52

 
—

 
(32
)
 
—

 
(8
)
 
—

 
 
 
 
 
 
 
 
 
 
 
 
Net recoveries (OTTI) recognized in earnings (2)
$
(31
)
 
$
90

 
$
(45
)
 
$
(2
)
 
$
(164
)
 
$
(50
)
    
________________________
(1)
Represents OTTI related to all other factors.
(2)
Represents OTTI related to credit losses.
Other than Temporary Impairment, Credit Losses Recognized in Earnings
The following table presents a roll forward of the credit loss component of held to maturity and available for sale debt securities that have been written down for OTTI with the credit loss component recognized in earnings for the years ended September 30, 2014, 2013 and 2012 (dollars in thousands):

 
2014

 
2013

 
2012

Balance, beginning of year
$
2,084

 
$
2,703

 
$
3,361

 
 
 
 
 
 
Additions:
 

 
 

 
 

       Credit losses for which OTTI was
          not previously recognized
2

 
7

 
81

       Additional increases to the amount
          related to credit loss for which OTTI
          was previously recognized
33

 
45

 
134

Subtractions:
 
 
 

 
 

       Realized losses previously recorded
          as credit losses
(555
)
 
(671
)
 
(873
)
Recovery of prior credit loss
90

 
—

 
—

 
 
 
 
 
 
Balance, end of year
$
1,654

 
$
2,084

 
$
2,703
Schedule of Contractual Maturities of Debt Securities
The contractual maturities of debt securities at September 30, 2014, are as follows (dollars in thousands).  Expected maturities may differ from scheduled maturities due to the prepayment of principal or call provisions.

 
Held to Maturity
 
Available for Sale
 
Amortized
Cost
 
Estimated
Fair
Value
 
Amortized
Cost
 
Estimated
Fair
Value
Due after one year to five years
$
3,020

 
$
3,008

 
$
19

 
$
19

Due after five years to ten years
16

 
17

 
33

 
34

Due after ten years
2,262

 
3,249

 
1,749

 
1,846

Total
$
5,298

 
$
6,274

 
$
1,801

 
$
1,899