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Consolidated Statements of Cash Flows
$ in Thousands
 12 Months Ended
Sep. 30, 2017
USD ($)
property
Sep. 30, 2016
USD ($)
property
Sep. 30, 2015
USD ($)
Cash flows from operating activities      
Net income $ 14,167 $ 10,154 $ 8,292
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation 1,262 1,328 1,356
Deferred income taxes 385 283 196
Amortization of core deposit intangible (CDI) 0 0 3
Earned ESOP shares 605 404 336
Stock option compensation expense 156 190 127
Gain on sales of investment securities 0 0 (45)
Net (recoveries) OTTI on investment securities (33) 168 13
Gain on sales of OREO and other repossessed assets, net (54) (47) (110)
Provision for OREO losses 42 435 644
Gain on sales of loans, net (2,157) (1,781) (1,610)
Loss (gain) on sales/dispositions of premises and equipment, net 5 7 (296)
Recapture of loan losses (1,250) 0 (1,525)
Loans originated for sale (69,996) (57,354) (54,490)
Proceeds from sales of loans 72,158 58,582 53,948
Amortization of MSRs 487 555 841
BOLI net earnings (545) (551) (538)
Increase in deferred loan origination fees 237 36 447
Net change in accrued interest receivable and other assets, and other liabilities and accrued expenses (1,610) (592) 36
Net cash provided by operating activities 13,859 11,817 7,625
Cash flows from investing activities      
Net decrease (increase) in CDs held for investment 9,966 (4,389) (12,766)
Purchase of investment securities held to maturity 0 0 (2,988)
Proceeds from maturities and prepayments of investment securities held to maturity 609 489 509
Proceeds from maturities and prepayments of investment securities available for sale 68 53 242
Proceeds from sales of investment securities available for sale 0 0 1,219
Purchase of FHLB stock (103) (105) 0
Proceeds from redemption of FHLB stock 1,200 600 2,547
Purchase of other investments (3,000) 0 0
Increase in loans receivable, net (26,956) (59,212) (40,016)
Additions to premises and equipment $ (3,526) $ (640) $ (700)
Additions To OREO And Other Repossessed Assets, Number (4) (4) (3)
Proceeds from sales of OREO and other repossessed assets $ 1,579 $ 3,798 $ 2,377
Proceeds from sales/dispositions of premises and equipment 0 0 465
Net cash used in investing activities (20,163) (59,548) (49,114)
Cash flows from financing activities      
Net increase in deposits 76,364 82,622 63,796
Repayment of FHLB borrowings (30,000) (15,000) 0
Proceeds from exercise of stock options 332 159 30
Proceeds from exercise of stock warrant 2,496 0 0
Repurchase of common stock 0 (820) (709)
Payment of dividends (3,641) (2,578) (1,693)
Net cash provided by financing activities 45,551 64,383 61,424
Net increase in cash and cash equivalents 39,247 16,652 19,935
Beginning of period 108,941 92,289 72,354
End of period 148,188 108,941 92,289
Supplemental disclosure of cash flow information      
Income taxes paid 7,596 4,412 3,663
Interest paid 3,283 3,976 3,899
Supplemental disclosure of non-cash investing activities      
Loans transferred to OREO and other repossessed assets 751 307 2,120
Other comprehensive income 51 138 26
Loans originated to facilitate the sale of OREO $ 0 $ 0 $ 450