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FINANCIAL INSTRUMENTS WITH OFF-BALANCE SHEET RISK (Tables) | 6 Months Ended
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Mar. 31, 2022
FINANCIAL INSTRUMENTS WITH OFF-BALANCE SHEET RISK [Abstract] |
Schedule of Information Regarding Derivatives |
| Notional Amount |  | Average Maturiy (Years) |  | Weighted Average Fixed Rate |  | Weighted Average Variable Rate |  | Fair Value
| (Dollars in thousands)
March 31, 2022 |  |  |  |  |  |  |  |  |
Classified in Other Assets: |  |  |  |  |  |  |  |  |
Customer interest rate swaps | $ 19,819 |  | 6.4 |  | 3.61% |  | 1 Mo. LIBOR + 2.50 |  | $ 1,101
Classified in Other Liabilities: |  |  |  |  |  |  |  |  |
3rd Party interest rate swaps | $ 19,819 |  | 6.4 |  | 3.61% |  | 1 Mo. LIBOR + 2.50 |  | $ 1,101
September 30, 2021 |  |  |  |  |  |  |  |  |
Classified in Other Assets: |  |  |  |  |  |  |  |  |
Customer interest rate swaps | $ 20,111 |  | 6.9 |  | 3.61% |  | 1 Mo. LIBOR + 2.50 |  | $ 183
Classified in Other Liabilities: |  |  |  |  |  |  |  |  |
3rd Party interest rate swaps | $ 20,111 |  | 6.9 |  | 3.61% |  | 1 Mo. LIBOR + 2.50 |  | $ 183
Schedule of fair value, off-balance sheet financial instruments |
|  | March 31, |  |  | September 30, |
|  | 2022 |  |  | 2021 |
|  | (In thousands) |
Financial instruments whose contract amounts represent credit risk |  |  |  |  |  |  |  |
Letters of credit |  | $ | 788 |  |  | $ | 2,901 |
Unused lines of credit |  |  | 67,345 |  |  |  | 63,798 |
Fixed rate loan commitments |  |  | 2,999 |  |  |  | 9,156 |
Variable rate loan commitments |  |  | 30,031 |  |  |  | 14,558 |
Total |  | $ | 101,163 |  |  | $ | 90,413 |

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- Definition Tabular disclosure of pertinent information about a derivative or group of derivatives on a disaggregated basis, such as for individual instruments, or small groups of similar instruments. May include a combination of the type of instrument, risks being hedged, notional amount, hedge designation, related hedged item, inception date, maturity date, or other relevant item. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4B -URI https://asc.fasb.org/extlink&oid=125515794&loc=SL5624163-113959 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 1B -URI https://asc.fasb.org/extlink&oid=125515794&loc=SL5580258-113959 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 2 -URI https://asc.fasb.org/extlink&oid=125515794&loc=d3e41620-113959 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 1A -URI https://asc.fasb.org/extlink&oid=125515794&loc=SL5579245-113959 Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4 -URI https://asc.fasb.org/extlink&oid=125515794&loc=d3e41638-113959 Reference 6: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 8 -URI https://asc.fasb.org/extlink&oid=125515794&loc=d3e41678-113959 Reference 7: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 5 -URI https://asc.fasb.org/extlink&oid=125515794&loc=d3e41641-113959 Reference 8: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4C -URI https://asc.fasb.org/extlink&oid=125515794&loc=SL5624171-113959 Reference 9: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 1 -URI https://asc.fasb.org/extlink&oid=125515794&loc=SL5579240-113959 + Details
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