XML 36 R26.htm IDEA: XBRL DOCUMENT
v3.22.1

SECURITIES (Tables) | 6 Months Ended
--- | ---
Mar. 31, 2022
SECURITIES [Abstract] |
Investment Securities Available for Sale and Held to Maturity | The following table summarizes the amortized cost and fair value of securities available for sale and securities held to maturity at March 31, 2022 and September 30, 2021 and the corresponding amounts of gross unrealized gains and losses recognized in accumulated other comprehensive income:
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | March 31, 2022
​ |  | Amortized |  | Gross Unrealized |  | Gross Unrealized |  | ​ | ​
(in thousands) | ​ | Cost | ​ | Gains | ​ | Losses | ​ | Fair Value
Available for sale: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
U.S. GSE residential mortgage-backed securities | ​ | $ | 414 | ​ | $ | — | ​ | $ | (4) | ​ | $ | 410
Corporate bonds | ​ | ​ | 4,700 | ​ | ​ | — | ​ | ​ | (40) | ​ | ​ | 4,660
Total available for sale securities | ​ | $ | 5,114 | ​ | $ | — | ​ | $ | (44) | ​ | $ | 5,070
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Held to maturity: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
U.S. GSE residential mortgage-backed securities | ​ | $ | 1,964 | ​ | $ | — | ​ | $ | (49) | ​ | $ | 1,915
U.S. GSE commercial mortgage-backed securities | ​ |  | 2,665 | ​ |  | 1 | ​ |  | — | ​ |  | 2,666
Total held to maturity securities | ​ |  | 4,629 | ​ |  | 1 | ​ |  | (49) | ​ |  | 4,581
Total investment securities | ​ | $ | 9,743 | ​ | $ | 1 | ​ | $ | (93) | ​ | $ | 9,651
​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | September 30, 2021
​ |  | ​ | ​ |  | Gross |  | Gross |  | ​ | ​
​ | ​ | Amortized | ​ | Unrealized | ​ | Unrealized | ​ | ​ | ​
(in thousands) | ​ | Cost | ​ | Gains | ​ | Losses | ​ | Fair Value
Available for sale: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
U.S. GSE residential mortgage-backed securities | ​ | $ | 722 | ​ | $ | 112 | ​ | $ | (1) | ​ | $ | 833
Corporate bonds | ​ |  | 6,700 | ​ |  | 214 | ​ |  | — | ​ |  | 6,914
Total available for sale securities | ​ | $ | 7,422 | ​ | $ | 326 | ​ | $ | (1) | ​ | $ | 7,747
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Held to maturity: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
U.S. GSE residential mortgage-backed securities | ​ | $ | 2,417 | ​ | $ | 74 | ​ | $ | — | ​ | $ | 2,491
U.S. GSE commercial mortgage-backed securities | ​ |  | 2,694 | ​ |  | 175 | ​ |  | — | ​ |  | 2,869
Corporate bonds | ​ |  | 3,500 | ​ |  | 9 | ​ |  | (4) | ​ |  | 3,505
Total held to maturity securities | ​ |  | 8,611 | ​ |  | 258 | ​ |  | (4) | ​ |  | 8,865
Total investment securities | ​ | $ | 16,033 | ​ | $ | 584 | ​ | $ | (5) | ​ | $ | 16,612
Securities Portfolio by Contractual Maturity | The amortized cost and fair value of the Company’s securities portfolio at March 31, 2022 are presented by contractual maturity in the table below. The expected life of mortgage-backed securities will differ from contractual maturities because borrowers may have the right to call or prepay the underlying mortgage loans with or without call or prepayment penalties.
​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | March 31, 2022
​ |  | Amortized |  | Fair
(in thousands) | ​ | Cost | ​ | Value
Securities available for sale: | ​ |  | ​ | ​ |  | ​
Five to ten years | ​ | $ | 4,700 | ​ | $ | 4,660
U.S. GSE residential mortgage-backed securities | ​ |  | 414 | ​ |  | 410
Total securities available for sale | ​ | ​ | 5,114 | ​ | ​ | 5,070
Securities held to maturity: | ​ |  |  | ​ |  |
One to five years | ​ | ​ | — | ​ | ​ | —
Five to ten years | ​ |  | — | ​ |  | —
U.S. GSE residential mortgage-backed securities | ​ |  | 1,964 | ​ |  | 1,915
U.S. GSE commercial mortgage-backed securities | ​ |  | 2,665 | ​ |  | 2,666
Total securities held to maturity | ​ | ​ | 4,629 | ​ | ​ | 4,581
Total investment securities | ​ | $ | 9,743 | ​ | $ | 9,651

X
- Definition Tabular disclosure of investment. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 325 -URI http://asc.fasb.org/topic&trid=2197064 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 321 -URI http://asc.fasb.org/topic&trid=75115024 Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 320 -URI http://asc.fasb.org/topic&trid=2196928 Reference 4: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 323 -URI http://asc.fasb.org/topic&trid=2196965 + Details
Name: | us-gaap_InvestmentTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of maturities of an entity's investments as well as any other information pertinent to the investments. + References No definition available. + Details
Name: | us-gaap_InvestmentsClassifiedByContractualMaturityDateTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_InvestmentsDebtAndEquitySecuritiesAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration