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Consolidated Statements of Operations - USD ($)
$ in Thousands
 12 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Interest and dividend income    
Loans, including fees $ 27,551 $ 25,626
Investment securities    
Taxable 877 1,173
Tax-exempt 5
Federal Home Loan Bank of New York stock 95 128
Total interest and dividend income 28,528 26,927
Interest expense    
Deposits 2,287 4,770
Borrowings 654 743
Total interest expense 2,941 5,513
Net interest and dividend income 25,587 21,414
Provision for loan losses 1,629 1,666
Net interest and dividend income after provision for loan losses 23,958 19,748
Other income    
Service charges 1,143 901
Income on bank owned life insurance 317 324
Fees for other customer services 777
Interest rate swap fees 313
Other operating income 110 106
Gains on sales of loans 749 317
Gains on sales of investment securities 68
Total other income 3,409 1,716
Other expenses    
Compensation and employee benefits 10,619 10,283
Occupancy expenses 3,000 2,995
Professional fees 1,719 1,558
Data processing expenses 528 589
OREO expenses 225 499
FDIC deposit insurance premiums 422 479
Loan servicing expenses 318 308
Insurance expense 201 197
Other expenses 1,610 1,445
Total other expenses 18,642 18,353
Income before income tax expense 8,725 3,111
Income tax expense 2,605 921
Net income $ 6,120 $ 2,190
Net income per share-basic and diluted $ 1.01 $ 0.31
Weighted average basic and diluted shares outstanding 6,037,499 7,104,889