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LOANS RECEIVABLE, NET (Tables)

12 Months Ended

Sep. 30, 2017

Loans Receivable, Net [Abstract]

Schedule of net Loans

Loans receivable are comprised of the following:

		September 30,				September 30,
		2017				2016
		(In thousands)
One-to four-family residential		$	178,336			$	173,235
Commercial real estate			207,118				199,510
Construction			22,622				14,939
Home equity lines of credit			18,536				21,967
Commercial business			41,113				38,865
Other			6,266				9,355
Total loans receivable			473,991				457,871
Net deferred loan costs			177				216
Allowance for loan losses			(3,475	)			(3,056	)
Total loans receivable, net		$	470,693			$	455,031

Schedule of impaired loans

The following tables present impaired loans by class, segregated by those for which a specific allowance was required and those for which a specific allowance was not necessary for the periods presented:

										Impaired Loans
		Impaired Loans with								with No Specific
		Specific Allowance								Allowance				Total Impaired Loans
																		Unpaid
At and for the year ended		Recorded				Related				Recorded				Recorded				Principal
September 30, 2017		Investment				Allowance				Investment				Investment				Balance
		(In thousands)
One-to four-family residential		$	—			$	—			$	3,124			$	3,124			$	3,436
Commercial real estate			—				—				4,088				4,088				4,110
Commercial business			—				—				243				243				243
Total impaired loans		$	—			$	—			$	7,455			$	7,455			$	7,789

										Impaired Loans
		Impaired Loans with								with No Specific
		Specific Allowance								Allowance				Total Impaired Loans
																		Unpaid
At and for the year ended		Recorded				Related				Recorded				Recorded				Principal
September 30, 2016		Investment				Allowance				Investment				Investment				Balance
		(In thousands)
One-to four-family residential		$	—			$	—			$	4,010			$	4,010			$	4,239
Commercial real estate			—				—				3,843				3,843				3,843
Home equity lines of credit			—				—				153				153				167
Commercial business			997				39				250				1,247				1,850
Total impaired loans		$	997			$	39			$	8,256			$	9,253			$	10,099

Schedule of loan portfolio summarized by Bank's internal risk rating system

The following tables present the classes of the loan portfolio summarized by the aggregate Pass and the criticized categories of Special Mention, Substandard and Doubtful within the Bank’s internal risk rating system for the periods presented:

						Special
		Pass				Mention				Substandard				Doubtful				Total
		(In  thousands)
September 30, 2017
One-to four-family residential		$	176,285			$	127			$	1,924			$	—			$	178,336
Commercial real estate			204,435				—				2,683				—				207,118
Construction			20,194				—				2,428				—				22,622
Home equity lines of credit			18,536				—				—				—				18,536
Commercial business			40,820				293				—				—				41,113
Other			6,266				—				—				—				6,266
Total		$	466,536			$	420			$	7,035			$	—			$	473,991

						Special
		Pass				Mention				Substandard				Doubtful				Total
		(In  thousands)
September 30, 2016
One-to four-family residential		$	169,596			$	209			$	3,430			$	—			$	173,235
Commercial real estate			196,838				—				2,672				—				199,510
Construction			12,461				—				2,478				—				14,939
Home equity lines of credit			21,814				—				153				—				21,967
Commercial business			37,868				—				—				997				38,865
Other			9,355				—				—				—				9,355
Total		$	447,932			$	209			$	8,733			$	997			$	457,871

Schedule of aging analysis of past due loans, segregated by class of loans

The following tables present the classes of the loan portfolio summarized by the aging categories of performing loans and nonaccrual loans for the periods presented:

						30-59				60-89
						Days				Days				90 Days +				Total				Non-				Total
		Current				Past Due				Past Due				Past Due				Past Due				Accrual				Loans
		(In  thousands)
September 30, 2017
One-to four-family residential		$	176,546			$	—			$	127			$	1,663			$	1,790			$	1,663			$	178,336
Commercial real estate			206,218				418				—				482				900				482				207,118
Construction			22,622				—				—				—				—				—				22,622
Home equity lines of credit			18,344				—				192				—				192				—				18,536
Commercial business			40,420				400				80				213				693				213				41,113
Other			6,266				—				—				—				—				—				6,266
Total		$	470,416			$	818			$	399			$	2,358			$	3,575			$	2,358			$	473,991

						30-59				60-89
						Days				Days				90 Days +				Total				Non-				Total
		Current				Past Due				Past Due				Past Due				Past Due				Accrual				Loans
		(In  thousands)
September 30, 2016
One-to four-family residential		$	170,705			$	—			$	44			$	2,486			$	2,530			$	2,486			$	173,235
Commercial real estate			198,577				—				490				443				933				443				199,510
Construction			14,671				268				—				—				268				—				14,939
Home equity lines of credit			21,686				—				—				281				281				281				21,967
Commercial business			36,706				1,159				3				997				2,159				997				38,865
Other			9,355				—				—				—				—				—				9,355
Total		$	451,700			$	1,427			$	537			$	4,207			$	6,171			$	4,207			$	457,871

Schedule of activity in the allowance for loan losses by portfolio segment

The following tables summarize the activity in the allowance for loan losses by loan category for the years ended September 30, 2017 and 2016:

		One-to Four-												Home Equity
		Family				Commercial								Lines of				Commercial
		Residential				Real Estate				Construction				Credit				Business				Other				Unallocated				Total
		(In  thousands)
Balance-September 30, 2016		$	542			$	1,075			$	361			$	71			$	976			$	9			$	22			$	3,056
Charge-offs			(295	)			(23	)			—				—				(672	)			—				—				(990	)
Recoveries			36				—				12				14				4				—				—				66
Provision (credit)			304				225				117				(28	)			648				(3	)			80				1,343
Balance-September 30, 2017		$	587			$	1,277			$	490			$	57			$	956			$	6			$	102			$	3,475

		One-to Four-												Home Equity
		Family				Commercial								Lines of				Commercial
		Residential				Real Estate				Construction				Credit				Business				Other				Unallocated				Total
		(In  thousands)
Balance-September 30, 2015		$	395			$	931			$	453			$	53			$	969			$	6			$	79			$	2,886
Charge-offs			(133	)			(61	)			—				(98	)			(1,119	)			—				—				(1,411	)
Recoveries			—				100				7				80				28				—				—				215
Provision (credit)			280				105				(99	)			36				1,098				3				(57	)			1,366
Balance-September 30, 2016		$	542			$	1,075			$	361			$	71			$	976			$	9			$	22			$	3,056

The following tables summarize the ALL by loan category, segregated into the amount required for loans individually evaluated for impairment and the amount required for loans collectively evaluated for impairment as of September 30, 2017 and September 30, 2016:

		One-to Four-												Home Equity
		Family				Commercial								Lines of				Commercial
		Residential				Real Estate				Construction				Credit				Business				Other				Unallocated				Total
		(In thousands)
Allowance for Loan Losses:
Balance - September 30, 2017		$	587			$	1,277			$	490			$	57			$	956			$	6			$	102			$	3,475
Individually evaluated
for impairment			—				—				—				—				—				—				—				—
Collectively evaluated
for impairment			587				1,277				490				57				956				6				102				3,475
Loans receivable:
Balance - September 30, 2017		$	178,336			$	207,118			$	22,622			$	18,536			$	41,113			$	6,266			$	—			$	473,991
Individually evaluated
for impairment			3,124				4,088				—				—				243				—				—				7,455
Collectively evaluated
for impairment			175,212				203,030				22,622				18,536				40,870				6,266								466,536

		One-to Four-												Home Equity
		Family				Commercial								Lines of				Commercial
		Residential				Real Estate				Construction				Credit				Business				Other				Unallocated				Total
		(In thousands)
Allowance for Loan Losses:
Balance - September 30, 2016		$	542			$	1,075			$	361			$	71			$	976			$	9			$	22			$	3,056
Individually evaluated
for impairment			—				—				—				—				39				—				—				39
Collectively evaluated
for impairment			542				1,075				361				71				937				9				22				3,017
Loans receivable:
Balance - September 30, 2016		$	173,235			$	199,510			$	14,939			$	21,967			$	38,865			$	9,355				—			$	457,871
Individually evaluated
for impairment			4,010				3,843				—				153				1,247				—				—				9,253
Collectively evaluated
for impairment			169,225				195,667				14,939				21,814				37,618				9,355								448,618

Schedule of troubled debt restructurings

There was one TDR during the year ended September 30, 2017, and there were no TDRs during the year ended September 30, 2016. The following tables summarize the TDRs during the twelve month periods ended September 30, 2017 and 2016:

		Year Ended September 30, 2017
		Number of				Investment Before				Investment After
		Loans				TDR Modification				TDR Modification
		(Dollars in thousands)
One-to four-family residential			1			$	182			$	182
Commercial real estate			—				—				—
Construction			—				—				—
Home equity lines of credit			—				—				—
Commercial business			—				—				—
Other			—				—				—
Total			1			$	182			$	182

Year Ended September 30, 2016

Number of

Investment Before

Investment After

Loans

TDR Modification

TDR Modification

(Dollars in thousands)

One-to four-family residential

—

$

—

$

—

Commercial real estate

—

—

—

Construction

—

—

—

Home equity lines of credit

—

—

—

Commercial business

—

—

—

Other

—

—

—

Total

—

$

—

$

—

X

- Definition

Tabular disclosure of financing receivables (examples of financing receivables include loans, trade accounts receivable and notes receivable) and activity in the allowance for credit losses account.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 310
-SubTopic 10
-Section 50
-Paragraph 11B
-URI http://asc.fasb.org/extlink&oid=84173941&loc=SL6953423-111524

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Tabular disclosure of financing receivables by credit quality indicator. The credit quality indicator is a statistic about the credit quality of financing receivables. Examples include, but not limited to, consumer credit risk scores, credit-rating-agency ratings, an entity's internal credit risk grades, loan-to-value ratios, collateral, collection experience and other internal metrics.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 310
-SubTopic 10
-Section 55
-Paragraph 19
-URI http://asc.fasb.org/extlink&oid=82894031&loc=SL6953803-111525

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Tabular disclosure of financing receivables that are past due but not impaired, financing receivables that are 90 days past due and still accruing, and financing receivables on nonaccrual status.

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-Publisher FASB
-Name Accounting Standards Codification
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-SubTopic 10
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Tabular disclosure of financing receivables and troubled debt restructurings.

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