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FINANCIAL INSTRUMENTS WITH OFF-BALANCE-SHEET RISK (Tables) | 12 Months Ended
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Sep. 30, 2019
FINANCIAL INSTRUMENTS WITH OFF-BALANCE-SHEET RISK [Abstract] |
Schedule of fair value, off-balance sheet financial instruments | At September 30, 2019 and 2018, the Company had outstanding commitments (substantially all of which expire within one year) to originate one-to four-family residential loans, construction loans, commercial real estate loans, commercial business loans and consumer loans. These commitments were comprised of fixed and variable rate loans.
|  | September 30, |
|  | 2019 |  |  | 2018 |
|  | (In thousands) |
Financial instruments whose contract amounts |  |  |  |  |  |  |  |
represent credit risk |  |  |  |  |  |  |  |
Letters of credit |  | $ | 1,315 |  |  | $ | 1,939 |
Unused lines of credit |  |  | 56,405 |  |  |  | 54,127 |
Fixed rate loan commitments |  |  | 3,362 |  |  |  | 4,397 |
Variable rate loan commitments |  |  | 12,141 |  |  |  | 12,523 |
Total |  | $ | 73,223 |  |  | $ | 72,986 |

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- Definition Tabular disclosure of the fair value of financial instruments (as defined), including financial assets and financial liabilities (collectively, as defined) which are not recognized in the financial statements (off-balance sheet) because they fail to meet some other criterion for recognition. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 50 -Paragraph 11 -URI http://asc.fasb.org/extlink&oid=118260190&loc=d3e13467-108611 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 50 -Paragraph 10 -URI http://asc.fasb.org/extlink&oid=118260190&loc=d3e13433-108611 + Details
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