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Deposits

12 Months Ended

Sep. 30, 2024

Deposits [Abstract]

Deposits

Deposits

Deposits consisted of the following at September 30, 2024 and 2023 (dollars in thousands):

			2024						2023
Non-interest-bearing demand			$	413,116					$	455,864
NOW checking			333,329						386,730
Savings			205,993						228,366
Money market			326,922						189,875
Certificates of deposit			368,308						300,100
Total			$	1,647,668					$	1,560,935

Individual certificates of deposit in amounts of $250,000 or greater totaled $113,579,000 and $91,714,000 at September 30, 2024 and 2023, respectively. The Company had brokered deposits totaling $48,759,000 and $38,165,000 at September 30, 2024 and 2023, respectively. The Company had reciprocal deposits totaling $93,464,000 and $70,764,000 at September 30, 2024 and 2023, respectively.

Scheduled maturities of certificates of deposit for fiscal years ending subsequent to September 30, 2024 are as follows (dollars in thousands):

2025			$	313,823
2026			24,644
2027			9,570
2028			8,217
2029			11,421
Thereafter			633
Total			$	368,308

Interest expense on deposits by account type was as follows for the years ended September 30, 2024, 2023 and 2022 (dollars in thousands):

			2024						2023						2022
NOW checking			$	5,148					$	3,561					$	650
Savings			529						415						230
Money market			9,248						1,601						767
Certificates of deposit			14,734						5,725						1,010
Total			$	29,659					$	11,302					$	2,657

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- Definition

The entire disclosure for deposit liabilities including data and tables. It may include a description of the entity's deposit liabilities, the aggregate amount of time deposits (including certificates of deposit) in denominations of $100,000 or more at the balance sheet date; the aggregate amount of any demand deposits that have been reclassified as loan balances, such as overdrafts, at the balance sheet date; deposits that are received on terms other than those in the normal course of business, the amount of accrued interest on deposit liabilities; securities, mortgage loans or other financial instruments that serve as collateral for deposits; for time deposits having a remaining term of more than one year, the aggregate amount of maturities for each of the five years following the balance sheet date; and the weighted average interest rate for all deposit liabilities held by the entity.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-SubTopic 405
-Topic 942
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147478353/942-405-50-1

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 942
-SubTopic 210
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.9-03(12))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147478546/942-210-S99-1

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Name Regulation S-K (SK)
-Number 229
-Section 1406
-Paragraph e
-Publisher SEC

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Name Regulation S-K (SK)
-Number 229
-Section 1406
-Publisher SEC

+ Details

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- References

No definition available.

+ Details

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