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Consolidated Statements of Operations - USD ($)
$ in Thousands
 12 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Interest and dividend income    
Loans, including fees $ 25,626 $ 25,154
Investment securities    
Taxable 1,173 1,800
Federal Home Loan Bank of New York stock 128 149
Total interest and dividend income 26,927 27,103
Interest expense    
Deposits 4,770 5,921
Borrowings 743 789
Total interest expense 5,513 6,710
Net interest and dividend income 21,414 20,393
Provision for loan losses 1,666 668
Net interest and dividend income after provision for loan losses 19,748 19,725
Other income    
Service charges 901 1,374
Income on bank owned life insurance 324 304
Other operating income 106 148
Gains on sales of loans 317 193
Gains on sales of investment securities 68 117
Total other income 1,716 2,136
Other expenses    
Compensation and employee benefits 10,283 10,133
Occupancy expenses 2,995 2,983
Professional fees 1,558 1,101
Data processing expenses 589 648
OREO expenses 499 334
FDIC deposit insurance premiums 479 326
Loan servicing expenses 308 286
Insurance expense 197 205
Other expenses 1,445 1,584
Total other expenses 18,353 17,600
Income before income tax expense 3,111 4,261
Income tax expense 921 1,265
Net income $ 2,190 $ 2,996
Net income per share-basic and diluted $ 0.38 $ 0.51
Weighted average basic and diluted shares outstanding 5,817,480 5,820,746