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OREO and Other Repossessed Assets | 12 Months Ended
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Sep. 30, 2022
Other Real Estate, Foreclosed Assets, and Repossessed Assets [Abstract] |
OREO and Other Repossessed Assets | OREO and Other Repossessed Assets The following table presents the activity related to OREO and other repossessed assets for the years ended September 30, 2022 and 2021 (dollars in thousands):
| 2022 |  | 2021
| Amount |  | Number |  | Amount |  | Number
Balance, beginning of year | $ | 157 |  |  | 3 |  |  | $ | 1,050 |  |  | 6 |
Sales | (157) |  |  | (1) |  |  | (893) |  |  | (3) |
Balance, end of year | $ | — |  |  | 2 |  |  | $ | 157 |  |  | 3 |
At September 30, 2022 and 2021, OREO and other repossessed assets consisted of OREO properties in Washington. The Company recorded net gains on sales of OREO and other repossessed assets of $2,000, $92,000, and $35,000 for the years ended September 30, 2022, 2021 and 2020, respectively. Gains and losses on sales of OREO and other repossessed assets are recorded in the OREO and other repossessed assets, net category in non-interest expense in the accompanying consolidated statements of income. At September 30, 2022, there were no foreclosed residential real estate properties held in OREO as a result of obtaining physical possession, and there were no one- to four-family properties in the process of foreclosure. At September 30, 2021, there were no foreclosed residential real estate properties held in OREO as a result of obtaining physical possession, and there was one one- to four-family property with a balance of $30,000 in the process of foreclosure.

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