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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2015
Sep. 30, 2014
Assets    
Cash $ 1,481 $ 1,205
Interest earning deposits with banks 7,995 9,053
Total cash and cash equivalents 9,476 10,258
Investment securities - available for sale, at fair value 6,104 12,070
Investment securities - held to maturity, at amortized cost (fair value of $53,974 and $48,822 at June 30, 2015 and September 30, 2014, respectively) 53,977 48,963
Federal Home Loan Bank of New York stock, at cost 2,543 1,761
Loans receivable, net of allowance for loan losses of $2,966 and $2,835 at June 30, 2015 and September 30, 2014, respectively 417,413 404,195
Bank owned life insurance 10,887 10,658
Accrued interest receivable 1,684 1,672
Premises and equipment, net 17,992 18,580
Other real estate owned ("OREO") 15,747 17,342
Other assets 4,933 4,931
Total assets 540,756 530,430
Liabilities    
Deposits 445,108 448,451
Escrowed funds 1,362 $ 1,157
Federal Home Loan Bank of New York advances, short term 15,850  
Federal Home Loan Bank of New York advances, long term $ 27,263 $ 25,500
Securities sold under agreements to repurchase   5,000
Accrued interest payable $ 107 119
Accounts payable and other liabilities 4,418 4,271
Total liabilities $ 494,108 $ 484,498
Stockholders' equity    
Preferred stock: $.01 Par Value, 1,000,000 shares authorized; none issued    
Common stock: $.01 Par Value, 8,000,000 shares authorized; 5,923,742 issued; 5,819,494 and 5,815,444 shares outstanding at June 30, 2015 and September 30, 2014, respectively $ 59 $ 59
Additional paid-in capital 26,274 26,295
Treasury stock: 104,248 and 108,298 shares at June 30, 2015 and September 30, 2014, respectively. at cost (1,166) (1,211)
Unearned Employee Stock Ownership Plan shares (784) (877)
Retained earnings 22,929 22,382
Accumulated other comprehensive loss (664) (716)
Total stockholders' equity 46,648 45,932
Total liabilities and stockholders' equity $ 540,756 $ 530,430