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STOCK-BASED COMPENSATION AND STOCK REPURCHASE PROGRAM (Narrative) (Details) - USD ($) $ / shares in Units, $ in Thousands | 12 Months Ended | 143 Months Ended
--- | --- | ---
Sep. 30, 2019 | Sep. 30, 2018 | Sep. 30, 2019
Stock option expenses | $ 0 | $ 0 |
Stock award expenses | 0 | 0 |
Cost of shares repurchased by ESOP trust | $ 2,300 |  |
Average cost of shares repurchased (per share) | $ 10.58 |  |
Description of loan with respect to employee stock ownership plan | The ESOP trust purchased 217,863 shares of common stock in the open market using proceeds of a loan from the Company. The total cost of shares purchased by the ESOP trust was $2.3 million, reflecting an average cost per share of $10.58. The Bank makes cash contributions to the ESOP on an annual basis sufficient to enable the ESOP to make the required loan payments to the Company. The loan bears a variable interest rate that adjusts annually to Prime Rate (5.50% at January 1, 2019) with principal and interest payable annually in equal installments over thirty years. The loan is secured by shares of the Company’s stock. |  |
Interest rate of loan with respect to employee stock ownership plan | 5.50% |  | 5.50%
Fair value of unreleased shares | $ 319 |  | $ 319
ESOP compensation expense | $ 149 | $ 157 |
Total ESOP shares | 217,863 |  | 217,863
Treasury stock, shares | 102,996 | 102,996 | 102,996
Second Repurchase Program [Member] |  |  |
Maximum stock repurchase authorization (as a percent) |  |  | 5.00%
Stock authorized to be repurchased (in shares) | 129,924 |  | 129,924
Stock repurchased during period (in shares) |  |  | 81,000
Remaining shares available to be repurchased | 48,924 |  | 48,924
Common stock average cost (in dollars per share) |  |  | $ 8.33
Stock Option [Member] |  |  |
Vesting period | 5 years |  |
Expiration period | 10 years |  |

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