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FINANCIAL INSTRUMENTS WITH OFF-BALANCE SHEET RISK (Tables)

9 Months Ended

Jun. 30, 2020

FINANCIAL INSTRUMENTS WITH OFF-BALANCE SHEET RISK [Abstract]

Schedule of fair value, off-balance sheet financial instruments

		June 30,				September 30,
		2020				2019
		(In thousands)
Financial instruments whose contract amounts
represent credit risk
Letters of credit		$	1,042			$	1,315
Unused lines of credit			57,254				56,405
Fixed rate loan commitments			22,296				3,362
Variable rate loan commitments			117				12,141
Total		$	80,709			$	73,223

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- References

No definition available.

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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=121572278&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=121572278&loc=d3e13433-108611

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