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Condensed Financial Information - Parent Company Only (Tables)
12 Months Ended
Sep. 30, 2015
Condensed Financial Information of Parent Company Only Disclosure [Abstract]  
Condensed Balance Sheets, Parent Company
Condensed Balance Sheets - September 30, 2015 and 2014
(dollars in thousands)
 
2015

 
2014

Assets
 
 
 
Cash and cash equivalents:
 
 
 
Cash and due from financial institutions
$
439

 
$
55

Interest-bearing deposits in banks
811

 
440

      Total cash and cash equivalents
1,250

 
495

 
 
 
 
Loan receivable from ESOP
1,766

 
2,183

Investment in Bank
86,263

 
80,031

Other assets
13

 
124

Total assets
$
89,292

 
$
82,833

 
 
 
 
Liabilities and shareholders’ equity
 

 
 

Accrued expenses
$
105

 
$
55

Shareholders’ equity
89,187

 
82,778

Total liabilities and shareholders’ equity
$
89,292

 
$
82,833

Condensed Statements of Operations, Parent Company
 
2015

 
2014

 
2013

Operating income
 
 
 
 
 
Interest on deposits in banks
$

 
$

 
$
1

Interest on loan receivable from ESOP
173

 
206

 
237

Dividends from Bank
2,698

 
13,190

 
3,300

Total operating income
2,871

 
13,396

 
3,538

 
 
 
 
 
 
Operating expenses
445

 
409

 
455

 
 
 
 
 
 
Income before income taxes and equity in undistributed
    income of Bank
2,426

 
12,987

 
3,083

Benefit for income taxes
(150
)
 
(110
)
 
(98
)
 
 
 
 
 
 
Income before undistributed income of Bank
2,576

 
13,097

 
3,181

 
 
 
 
 
 
Equity in undistributed income of Bank (dividends in
    excess of income of Bank)
5,716

 
(7,247
)
 
1,576

Net income
8,292

 
5,850

 
4,757

Preferred stock dividends

 
(136
)
 
(710
)
Preferred stock accretion

 
(70
)
 
(283
)
Discount on redemption of preferred stock

 

 
255

Net income to common shareholders
$
8,292

 
$
5,644

 
$
4,019

Condensed Statements of Cash Flows, Parent Company
Condensed Statements of Cash Flows - Years Ended September 30, 2015, 2014 and 2013
(dollars in thousands)
 
2015

 
2014

 
2013

Cash flows from operating activities
 
 
 
 
 
Net income
$
8,292

 
$
5,850

 
$
4,757

  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
(5,716
)
 
7,247

 
(1,576
)
Earned ESOP shares
264

 
264

 
265

MRDP compensation expense

 
2

 
39

Stock option compensation expense
125

 
104

 
49

Stock option tax effect less excess tax benefit

1

 
4

 

Other, net
162

 
(247
)
 
(39
)
Net cash provided by operating activities
3,128

 
13,224

 
3,495

 
 
 
 
 
 
Cash flows from investing activities
 

 
 

 
 

Investment in Bank
(491
)
 
(459
)
 
(344
)
Principal repayments on loan receivable from Bank
417

 
382

 
353

Net cash provided by (used in) investing activities
(74
)
 
(77
)
 
9

 
 
 
 
 
 
Cash flows from financing activities
 

 
 

 
 

ESOP tax effect
72

 
64

 
6

MRDP compensation tax effect

 
2

 
(8
)
Stock option excess tax benefit
1

 
4

 

Proceeds from exercise of stock options
30

 
23

 

Repurchase of preferred stock

 
(12,065
)
 
(4,321
)
Repurchase of common stock
(709
)
 

 

Payment of dividends
(1,693
)
 
(1,185
)
 
(1,368
)
Net cash used in financing activities
(2,299
)
 
(13,157
)
 
(5,691
)
 
 
 
 
 
 
Net increase (decrease) in cash and cash equivalents
755

 
(10
)
 
(2,187
)
 
 
 
 
 
 
Cash and cash equivalents
 

 
 

 
 

Beginning of period
495

 
505

 
2,692

End of period
$
1,250

 
$
495

 
$
505