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Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
 3 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Interest and dividend income    
Loans, including fees $ 6,721 $ 6,751
Investment securities    
Taxable 261 225
Tax-exempt 7
Federal Home Loan Bank of New York stock 20 25
Total interest and dividend income 7,009 7,001
Interest expense    
Deposits 451 765
Borrowings 119 191
Total interest expense 570 956
Net interest and dividend income 6,439 6,045
Provision for loan losses 101 640
Net interest and dividend income after provision for loan losses 6,338 5,405
Other income    
Service charges 257 293
Income on bank owned life insurance 87 78
Fees for other customer services 464
Interest rate swap fees 102
Other operating income 25 25
Gains on sales of loans 281 263
Total other income 650 1,225
Other expenses    
Compensation and employee benefits 2,702 2,547
Occupancy expenses 739 725
Professional fees 387 528
Data processing expenses 134 132
Marketing and business development 125 44
OREO expenses 34 180
FDIC deposit insurance premiums 57 130
Loan servicing expenses 46 84
Other expenses 397 354
Total other expenses 4,621 4,724
Income before income tax expense 2,367 1,906
Income tax expense 674 569
Net income $ 1,693 $ 1,337
Net income per share-basic and diluted $ 0.25 $ 0.19
Weighted average basic and diluted shares outstanding 6,792,477 7,096,664