XML 38 R27.htm IDEA: XBRL DOCUMENT
v3.8.0.1

CORRECTION OF IMMATERIAL ERROR | 12 Months Ended
--- | ---
Sep. 30, 2017
Accounting Changes and Error Corrections [Abstract] |
CORRECTION OF IMMATERIAL ERROR | NOTE T – CORRECTION OF IMMATERIAL ERROR The Company originates SBA loans with intention to sell the 75% portion of the loans guaranteed by the U.S. Government in the normal course of business. For the year ended September 30, 2016, the proceeds from the sale of these held for sale loans were properly reported under the Operating activities on the Company’s Consolidated Statements of Cash Flows, however the originations of said loans were incorrectly reported under the Investing activities on the Company’s Consolidated Statements of Cash Flows. The Consolidated Statements of Cash Flows were corrected for the year ended September 30, 2016 as follows:
As originally reported: |  |  |
Originations of loans held for sale |  | $ | — |
Proceeds from the sales of loans |  |  | 9,217 |
Net cash provided by operating activities |  |  | 14,082 |
Net increase in loans receivable |  |  | (36,824 | )
Net cash used by investing activities |  |  | (41,578 | )
Reclassification adjustments: |  |  |  |
Originations of loans held for sale |  | $ | (6,194 | )
Proceeds from the sales of loans |  |  | 625 |
Net cash provided by operating activities |  |  | (5,569 | )
Net increase in loans receivable |  |  | 5,569 |
Net cash used by investing activities |  |  | 5,569 |
As revised: |  |  |  |
Originations of loans held for sale |  | $ | (6,194 | )
Proceeds from the sales of loans |  |  | 9,842 |
Net cash provided by operating activities |  |  | 8,513 |
Net increase in loans receivable |  |  | (31,255 | )
Net cash used by investing activities |  |  | (36,009 | )
As described in Note B, Item 16., Management determined the correction had no impact on the Company’s Consolidated Balance Sheets, Consolidated Statements of Operations, Consolidated Statements of Comprehensive Income, or the Consolidated Statements of Changes in Stockholders’ Equity.

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

X
- Definition The entire disclosure for reporting accounting changes and error corrections. It includes the conveyance of information necessary for a user of the Company's financial information to understand all aspects and required disclosure information concerning all changes and error corrections reported in the Company's financial statements for the period. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 250 -URI http://asc.fasb.org/topic&trid=2122394 + Details
Name: | us-gaap_AccountingChangesAndErrorCorrectionsTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration