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Consolidated Statements of Operations - USD ($)
$ in Thousands
 12 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Interest and dividend income    
Loans, including fees $ 25,154 $ 22,604
Investment securities    
Taxable 1,800 1,612
Federal Home Loan Bank of New York stock 149 134
Total interest and dividend income 27,103 24,350
Interest expense    
Deposits 5,921 3,896
Borrowings 789 753
Total interest expense 6,710 4,649
Net interest and dividend income 20,393 19,701
Provision for loan losses 668 997
Net interest and dividend income after provision for loan losses 19,725 18,704
Other income    
Service charges 1,374 1,097
Income on bank owned life insurance 304 293
Other operating income 148 131
Gains on sales of loans 193 493
Gains on sales of investment securities 117 107
Total other income 2,136 2,121
Other expenses    
Compensation and employee benefits 10,133 9,687
Occupancy expenses 2,983 2,941
Professional fees 1,101 1,026
Data processing expenses 648 581
OREO expenses 334 540
FDIC deposit insurance premiums 326 426
Loan servicing expenses 286 322
Insurance expense 205 206
Other expenses 1,584 1,595
Total other expenses 17,600 17,324
Income before income tax expense 4,261 3,501
Income tax expense 1,265 1,471
Net income $ 2,996 $ 2,030
Net income per share-basic and diluted $ 0.51 $ 0.35
Weighted average basic and diluted shares outstanding 5,820,746 5,820,746