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Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Mar. 31, 2019
Mar. 31, 2018
Interest and dividend income        
Loans, including fees $ 6,226 $ 5,408 $ 12,353 $ 10,843
Investment securities        
Taxable 546 416 1,034 837
Federal Home Loan Bank of New York stock 37 33 82 64
Total interest and dividend income 6,809 5,857 13,469 11,744
Interest expense        
Deposits 1,508 871 2,946 1,765
Borrowings 180 165 370 327
Total interest expense 1,688 1,036 3,316 2,092
Net interest and dividend income 5,121 4,821 10,153 9,652
Provision for loan losses 106 257 307 506
Net interest and dividend income after provision for loan losses 5,015 4,564 9,846 9,146
Other income        
Service charges 279 222 600 480
Income on bank owned life insurance 73 74 147 146
Other operating income 30 43 61 67
Gains on sales of loans 151 30 151 216
Gains on sales of investment securities 32 32 107
Total other income 565 369 991 1,016
Other expenses        
Compensation and employee benefits 2,517 2,443 4,960 4,801
Occupancy expenses 744 755 1,484 1,472
Professional fees 278 255 569 484
Data processing expenses 154 143 307 280
OREO expenses 214 168 261 400
FDIC deposit insurance premiums 109 95 216 205
Loan servicing expenses 47 78 106 158
Insurance expense 49 43 102 101
Other expenses 377 375 776 790
Total other expenses 4,489 4,355 8,781 8,691
Income before income tax expense 1,091 578 2,056 1,471
Income tax expense 324 182 604 746
Net income $ 767 $ 396 $ 1,452 $ 725
Net income per share-basic and diluted $ 0.13 $ 0.07 $ 0.25 $ 0.12
Weighted average basic and diluted shares outstanding 5,820,746 5,820,746 5,820,746 5,820,746