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Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
 3 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Interest and dividend income    
Loans, including fees $ 6,751 $ 6,397
Investment securities    
Taxable 225 338
Federal Home Loan Bank of New York stock 25 37
Total interest and dividend income 7,001 6,772
Interest expense    
Deposits 765 1,446
Borrowings 191 196
Total interest expense 956 1,642
Net interest and dividend income 6,045 5,130
Provision for loan losses 640 210
Net interest and dividend income after provision for loan losses 5,405 4,920
Other income    
Service charges 293 265
Income on bank owned life insurance 78 82
Other operating income 591 31
Gains on sales of loans 263 26
Total other income 1,225 404
Other expenses    
Compensation and employee benefits 2,547 2,589
Occupancy expenses 725 744
Professional fees 528 349
Data processing expenses 132 154
OREO expenses 180 103
FDIC deposit insurance premiums 130 108
Loan servicing expenses 84 50
Insurance expense 48 52
Other expenses 350 384
Total other expenses 4,724 4,533
Income before income tax expense 1,906 791
Income tax expense 569 238
Net income $ 1,337 $ 553
Net income per share-basic and diluted $ 0.23 $ 0.10
Weighted average basic and diluted shares outstanding 5,810,746 5,820,746