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LOANS RECEIVABLE, NET AND RELATED ALLOWANCE FOR LOAN LOSSES (Tables)

3 Months Ended

Dec. 31, 2018

Loans Receivable, Net [Abstract]

Schedule of loans receivable, net

Loans receivable, net were comprised of the following:

		December 31,				September 30,
		2018				2018
		(In thousands)
One-to four-family residential		$	186,328			$	185,287
Commercial real estate			223,146				219,347
Construction			31,287				30,412
Home equity lines of credit			18,518				17,982
Commercial business			49,842				53,320
Other			5,317				6,150
Total loans receivable			514,438				512,498
Net deferred loan costs			125				132
Allowance for loan losses			(4,402	)			(4,200	)
Total loans receivable, net		$	510,161			$	508,430

Schedule of impaired loans

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

										Impaired
										Loans with
		Impaired Loans with								No Specific
		Specific Allowance								Allowance				Total Impaired Loans
																		Unpaid
		Recorded				Related				Recorded				Recorded				Principal
December 31, 2018		Investment				Allowance				Investment				Investment				Balance
		(In thousands)
One-to four-family residential		$	—			$	—			$	1,130			$	1,130			$	1,130
Commercial real estate			—				—				3,935				3,935				3,935
Construction			—				—				2,900				2,900				2,900
Home equity lines of credit			—				—				58				58				58
Commercial business			—				—				708				708				798
Total impaired loans		$	—			$	—			$	8,731			$	8,731			$	8,821

										Impaired
										Loans with
		Impaired Loans with								No Specific
		Specific Allowance								Allowance				Total Impaired Loans
																		Unpaid
		Recorded				Related				Recorded				Recorded				Principal
September 30, 2018		Investment				Allowance				Investment				Investment				Balance
		(In thousands)
One-to four-family residential		$	—			$	—			$	1,132			$	1,132			$	1,132
Commercial real estate			—				—				3,961				3,961				3,961
Home equity lines of credit			—				—				58				58				58
Commercial business			—				—				710				710				801
Total impaired loans		$	—			$	—			$	5,861			$	5,861			$	5,952

Schedule of average recorded investment in impaired loans

The following tables present the average recorded investment in impaired loans for the periods indicated. There was no interest income recognized on impaired loans during the periods presented.

		Three Months
		Ended December 31, 2018
		(In thousands)
One-to four-family residential		$	1,131
Commercial real estate			3,948
Construction			1,450
Home equity lines of credit			58
Commercial business			709
Average investment in impaired loans		$	7,296

		Three Months
		Ended December 31, 2017
		(In thousands)
One-to four-family residential		$	2,841
Commercial real estate			3,881
Commercial business			303
Average investment in impaired loans		$	7,025

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 at the dates presented:

						Special
		Pass				Mention				Substandard				Doubtful				Total
		(In  thousands)
December 31, 2018
One-to four-family residential		$	186,152			$	—			$	176			$	—			$	186,328
Commercial real estate			221,745				750				651				—				223,146
Construction			28,387				—				2,900				—				31,287
Home equity lines of credit			18,460				—				58				—				18,518
Commercial business			49,367				—				475				—				49,842
Other			5,317				—				—				—				5,317
Total		$	509,428			$	750			$	4,260			$	—			$	514,438

						Special
		Pass				Mention				Substandard				Doubtful				Total
		(In  thousands)
September 30, 2018
One-to four-family residential		$	185,118			$	—			$	169			$	—			$	185,287
Commercial real estate			217,935				753				659				—				219,347
Construction			30,412				—				—				—				30,412
Home equity lines of credit			17,924				—				58				—				17,982
Commercial business			52,845				—				475				—				53,320
Other			6,150				—				—				—				6,150
Total		$	510,384			$	753			$	1,361			$	—			$	512,498

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

Management further monitors the performance and credit quality of the loan portfolio by analyzing the age of the portfolio as determined by the length of time a recorded payment is past due. The following tables present the classes of the loan portfolio summarized by the aging categories of performing loans and nonaccrual loans at the dates 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)
December 31, 2018
One-to four-family residential		$	184,741			$	1,411			$	—			$	176			$	1,587			$	176			$	186,328
Commercial real estate			218,163				3,586				945				452				4,983				452				223,146
Construction			28,387				—				—				2,900				2,900				2,900				31,287
Home equity lines of credit			18,431				29				—				58				87				58				18,518
Commercial business			48,967				384				16				475				875				475				49,842
Other			5,317				—				—				—				—				—				5,317
Total		$	504,006			$	5,410			$	961			$	4,061			$	10,432			$	4,061			$	514,438

						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, 2018
One-to four-family residential		$	185,132			$	17			$	—			$	138			$	155			$	138			$	185,287
Commercial real estate			218,892				—				—				455				455				455				219,347
Construction			30,412				—				—				—				—				—				30,412
Home equity lines of credit			17,892				—				—				90				90				90				17,982
Commercial business			52,845				252				—				223				475				223				53,320
Other			6,150				—				—				—				—				—				6,150
Total		$	511,323			$	269			$	—			$	906			$	1,175			$	906			$	512,498

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

The following table summarizes the ALL by loan category and the related activity for the three months ended December 31, 2018:

		One-to-Four												Home Equity
		Family				Commercial								Lines of				Commercial
		Residential				Real Estate				Construction				Credit				Business				Other				Unallocated				Total
		(In  thousands)
Balance- September 30, 2018		$	687			$	1,540			$	493			$	109			$	1,151			$	25			$	195			$	4,200
Charge-offs			—				—				—				—				—				—				—				—
Recoveries			—				—				—				1				—				—				—				1
Provision			11				50				181				11				31				(21	)			(62	)			201
Balance- December 31, 2018		$	698			$	1,590			$	674			$	121			$	1,182			$	4			$	133			$	4,402

The following table summarizes the ALL by loan category and the related activity for the three months ended December 31, 2017:

		One-to-Four												Home Equity
		Family				Commercial								Lines of				Commercial
		Residential				Real Estate				Construction				Credit				Business				Other				Unallocated				Total
		(In  thousands)
Balance-September 30, 2017		$	587			$	1,277			$	490			$	57			$	956			$	6			$	102			$	3,475
Charge-offs			(127	)			—				—				—				(170	)			—				—				(297	)
Recoveries			82				23				3				—				1				—				—				109
Provision			21				(1	)			(109	)			74				265				(2	)			2				250
Balance-December 31, 2017		$	563			$	1,299			$	384			$	131			$	1,052			$	4			$	104			$	3,537

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 December 31, 2018 and September 30, 2018:  

		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 - December 31, 2018		$	698			$	1,590			$	674			$	121			$	1,182			$	4			$	133			$	4,402
Individually evaluated
for impairment			—				—				—				—				—				—				—				—
Collectively evaluated
for impairment			698				1,590				674				121				1,182				4				133				4,402
Loans receivable:
Balance - December 31, 2018		$	186,328			$	223,146			$	31,287			$	18,518			$	49,842			$	5,317			$	—			$	514,438
Individually evaluated
for impairment			1,130				3,935				2,900				58				708				—				—				8,731
Collectively evaluated
for impairment			185,198				219,211				28,387				18,460				49,134				5,317				—				505,707

		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, 2018		$	687			$	1,540			$	493			$	109			$	1,151			$	25			$	195			$	4,200
Individually evaluated
for impairment			—				—				—				—				—				—				—				—
Collectively evaluated
for impairment			687				1,540				493				109				1,151				25				195				4,200
Loans receivable:
Balance - September 30, 2018		$	185,287			$	219,347			$	30,412			$	17,982			$	53,320			$	6,150			$	—			$	512,498
Individually evaluated
for impairment			1,132				3,961				—				58				710				—				—				5,861
Collectively evaluated
for impairment			184,155				215,386				30,412				17,924				52,610				6,150				—				506,637

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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.

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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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