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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Operating activities    
Net income $ 574 $ 382
Adjustment to reconcile net income to net cash provided by operating activities    
Depreciation expense 665 697
Premium amortization on investment securities, net 196 226
Provision for loan losses 936 1,082
Provision for loss on other real estate owned 25 167
Proceeds from the sales of loans 5,646 2,890
Gains on sale of loans (415) (127)
Gains on sales of investment securities (42) (36)
(Gains) losses on the sales of other real estate owned (23) 11
ESOP compensation expense 80 73
Stock-based compensation expense 10 13
Deferred income tax expense 295 40
(Increase) decrease in accrued interest receivable (12) 75
Increase in surrender value bank owned life insurance (229) (238)
Increase in other assets (326) (50)
(Decrease) increase in accrued interest payable (12) 15
Increase (decrease) in accounts payable and other liabilities 147 (2,331)
Net cash provided by operating activities 7,515 2,889
Investing activities    
Net increase in loans receivable (21,286) (13,426)
Purchases of loans receivable (949) (5,514)
Purchases of investment securities held to maturity $ (9,700) (4,419)
Purchases of investment securities available for sale   (2,053)
Sales of investment securities held to maturity   $ 3,036
Sales of investment securities available for sale $ 5,421  
Principal repayments on investment securities held to maturity 4,561 $ 5,572
Principal repayments on investment securities available for sale 597 5,281
Purchases of premises and equipment $ (77) (95)
Proceeds from the sale of premises and equipment   1,519
Investment in other real estate owned $ (390) (4)
Proceeds from the sale of other real estate owned 4,833 1,337
Purchase of Federal Home Loan Bank stock (782) (706)
Net cash used by investing activities (17,772) (9,472)
Financing activities    
Net decrease in deposits (3,343) (17,583)
Net increase in escrowed funds 205 213
Proceeds from long-term advances 6,763 7,100
Repayments of long-term advances (5,000) (5,200)
Net change in short-term advances 15,850 $ 12,550
Repayments of securities sold under agreements to repurchase (5,000)  
Net cash provided (used) by financing activities 9,475 $ (2,920)
Net decrease in cash and cash equivalents (782) (9,503)
Cash and cash equivalents, beginning of period 10,258 17,792
Cash and cash equivalents, end of period 9,476 8,289
Cash paid for    
Interest 2,369 2,626
Income taxes 14 9
Non-cash investing activities    
Real estate acquired in full satisfaction of loans in foreclosure $ 2,850 $ 1,335