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CONSOLIDATED STATEMENTS OF INCOME (UNAUDITED) - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Mar. 31, 2022
Mar. 31, 2021
INTEREST INCOME        
Loans $ 15,749 $ 9,133 $ 32,130 $ 18,391
Taxable securities 106 182 260 355
Other interest income 86 65 167 131
Total interest income 15,941 9,380 32,557 18,877
INTEREST EXPENSE        
Savings, NOW and money market deposits 345 157 711 274
Time deposits 401 915 892 2,369
Borrowings 451 506 941 1,105
Total interest expense 1,197 1,578 2,544 3,748
Net interest income 14,744 7,802 30,013 15,129
Provision for loan losses 500 200 1,400 300
Net interest income after provision for loan losses 14,244 7,602 28,613 14,829
NON-INTEREST INCOME        
Loan servicing and fee income 734 139 1,424 222
Service charges on deposit accounts 46 17 109 32
Gain on sale of loans held-for-sale 1,575 295 3,067 476
Gain on sale of investments available for sale 105 240 105 240
Other income 212 1 343 8
Total non-interest income 2,672 692 5,048 978
NON-INTEREST EXPENSE        
Salaries and employee benefits 5,618 3,268 10,557 6,376
Occupancy and equipment 1,370 1,209 2,783 2,380
Data processing 392 270 759 515
Advertising and promotion 153 19 186 67
Acquisition costs 0 151 0 296
Professional fees 640 308 1,139 720
Other expenses 1,184 500 2,198 961
Total non-interest expense 9,357 5,725 17,622 11,315
Income before income tax expense 7,559 2,569 16,039 4,492
Income tax expense 1,699 514 3,642 918
NET INCOME $ 5,860 $ 2,055 $ 12,397 $ 3,574
EARNINGS PER COMMON SHARE - BASIC (in dollars per share) $ 1.02 $ 0.49 $ 2.19 $ 0.85
EARNINGS PER COMMON SHARE - DILUTED (in dollars per share) $ 1.00 $ 0.48 $ 2.15 $ 0.84