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INVESTMENT SECURITIES (Tables)

3 Months Ended

Dec. 31, 2017

Investments, Debt and Equity Securities [Abstract]

Summary of the amortized cost and fair values of securities available for sale

The following tables summarize the amortized cost and fair values of securities available for sale at December 31, 2017 and September 30, 2017:

		December 31, 2017
						Gross				Gross
		Amortized				Unrealized				Unrealized				Fair
		Cost				Gains				Losses				Value
		(Dollars in thousands)
Securities available for sale:
Obligations of U.S. government agencies:
Mortgage-backed securities - residential		$	1,559			$	67			$	—			$	1,626
Obligations of U.S. government-sponsored enterprises:
Mortgage-backed securities-residential			19,123				85				(215	)			18,993
Debt securities			2,500				—				(74	)			2,426
Private label mortgage-backed securities-residential			26				—				—				26
Total securities available for sale		$	23,208			$	152			$	(289	)		$	23,071

		September 30, 2017
						Gross				Gross
		Amortized				Unrealized				Unrealized				Fair
		Cost				Gains				Losses				Value
		(Dollars in thousands)
Securities available for sale:
Obligations of U.S. government-sponsored enterprises:
Mortgage-backed securities-residential		$	9,442			$	9			$	(125	)		$	9,326
Debt securities			2,500				—				(51	)			2,449
Private label mortgage-backed securities-residential			40				—				—				40
Total securities available for sale		$	11,982			$	9			$	(176	)		$	11,815

Summary of maturities of the debt securities and mortgage-backed securities available for sale

The maturities of the debt securities and mortgage-backed securities available for sale at December 31, 2017 are summarized in the following table:

		December 31, 2017
		Amortized				Fair
		Cost				Value
		(Dollars in thousands)
Due within 1 year		$	—			$	—
Due after 1 but within 5 years			1,500				1,435
Due after 5 but within 10 years			1,000				991
Due after 10 years			—				—
Total debt securities			2,500				2,426
Mortgage-backed securities:
Residential			20,708				20,645
Commercial			—				—
Total		$	23,208			$	23,071

Summary of the amortized cost and fair values of securities held to maturity

The following tables summarize the amortized cost and fair values of securities held to maturity at December 31, 2017 and September 30, 2017:

		December 31, 2017
						Gross				Gross
		Amortized				Unrealized				Unrealized				Fair
		Cost				Gains				Losses				Value
		(Dollars in thousands)
Securities held to maturity:
Obligations of U.S. government agencies:
Mortgage-backed securities - residential		$	631			$	—			$	(97	)		$	534
Mortgage-backed securities - commercial			951				—				(9	)			942
Obligations of U.S. government-sponsored enterprises:
Mortgage-backed-securities - residential			25,014				43				(334	)			24,723
Debt securities			4,462				—				(34	)			4,428
Private label mortgage-backed securities - residential			452				—				(2	)			450
Corporate securities			3,000				—				(290	)			2,710
Total securities held to maturity		$	34,510			$	43			$	(766	)		$	33,787

		September 30, 2017
						Gross				Gross
		Amortized				Unrealized				Unrealized				Fair
		Cost				Gains				Losses				Value
		(Dollars in thousands)
Securities held to maturity:
Obligations of U.S. government agencies:
Mortgage-backed securities - residential		$	3,466			$	123			$	(96	)		$	3,493
Mortgage-backed securities - commercial			968				—				(10	)			958
Obligations of U.S. government-sponsored enterprises:
Mortgage backed securities - residential			39,016				349				(251	)			39,114
Debt securities			4,461				—				(24	)			4,437
Private label mortgage-backed securities - residential			457				—				(2	)			455
Corporate securities			3,000				—				(216	)			2,784
Total securities held to maturity		$	51,368			$	472			$	(599	)		$	51,241

Summary of maturities of the debt securities and mortgage-backed securities securities held to maturity

The maturities of the debt securities and the mortgage backed securities held to maturity at December 31, 2017 are summarized in the following table:

		December 31, 2017
		Amortized				Fair
		Cost				Value
		(Dollars in  thousands)
Due within 1 year		$	2,000			$	1,997
Due after 1 but within 5 years			—				—
Due after 5 but within 10 years			4,499				4,204
Due after 10 years			963				937
Total debt securities			7,462				7,138
Mortgage-backed securities:
Residential			26,097				25,707
Commercial			951				942
Total		$	34,510			$	33,787

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