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Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Mar. 31, 2022
Mar. 31, 2021
Interest and dividend income        
Loans, including fees $ 6,543 $ 6,890 $ 13,263 $ 13,641
Investment securities        
Taxable 334 207 594 433
Tax-exempt 8 16
Federal Home Loan Bank of New York stock 18 25 39 50
Total interest and dividend income 6,903 7,122 13,912 14,124
Interest expense        
Deposits 415 569 867 1,334
Borrowings 111 175 230 366
Total interest expense 526 744 1,097 1,700
Net interest and dividend income 6,377 6,378 12,815 12,424
Provision for loan losses 71 467 171 1,107
Net interest and dividend income after provision for loan losses 6,306 5,911 12,644 11,317
Other income        
Service charges 319 308 575 601
Income on bank owned life insurance 93 79 181 157
Fees for other customer services 303 768
Interest rate swap fees 107 208
Other operating income 21 34 46 60
Gains on sales of loans 139 106 420 369
Total other income 572 937 1,222 2,163
Other expenses        
Compensation and employee benefits 2,694 2,623 5,395 5,170
Occupancy expenses 765 758 1,505 1,484
Professional fees 270 475 658 1,003
Data processing expenses 139 127 273 260
Marketing and business development 84 60 209 105
OREO expenses 14 19 48 199
FDIC deposit insurance premiums 49 127 106 256
Loan servicing expenses 38 114 83 198
Other expenses 456 387 853 741
Total other expenses 4,509 4,690 9,130 9,416
Income before income tax expense 2,369 2,158 4,736 4,064
Income tax expense 690 652 1,364 1,221
Net income $ 1,679 $ 1,506 $ 3,372 $ 2,843
Net income per share-basic and diluted $ 0.25 $ 0.21 $ 0.50 $ 0.40
Weighted average basic and diluted shares outstanding 6,796,566 7,096,664 6,796,598 7,096,664