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STOCK-BASED COMPENSATION AND STOCK REPURCHASE PROGRAM (Tables) | 12 Months Ended
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Sep. 30, 2023
Stock-Based Compensation and Stock Repurchase Program [Abstract] |
Schedule of Stock Option Activity | The following is a summary of the status of the Company’s stock option activity and related information for its option plan for the year ended September 30, 2023:
|  | Shares |  | Weighted Average Exercise Price |  | Weighted Average Remaining Contractual Life in Years |  | Aggregate Intrinsic Value
Balance at September 30, 2022 |  |  | 293,200 |  |  | $ | 12.58 |  |  |  | 9.98 |  |  | $ | — |
Granted |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Exercised |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Forfeited |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Expired |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Balance at September 30, 2023 |  |  | 293,200 |  |  | $ | 12.58 |  |  |  | 8.98 |  |  | $ | — |
Exercisable at September 30, 2023 |  |  | 58,640 |  |  | $ | 12.58 |  |  |  | 8.98 |  |  | $ | — |
Schedule of Non-vested Restricted Shares | The following is a summary of the status of the Company’s non-vested restricted shares as of September 30, 2023 and 2022, and changes during those years:
|  | Shares |  | Weighted Average Grant Date Fair Value
Balance at September 30, 2022 |  |  | 156,400 |  |  | $ | 12.63 |
Granted |  |  | — |  |  |  | — |
Vested |  |  | (32,080 | ) |  |  | 12.63 |
Forfeited |  |  | — |  |  |  | — |
Balance at September 30, 2023 |  |  | 124,320 |  |  | $ | 12.63 |
Schedule of Components of the ESOP Shares | The following table presents the components of the ESOP shares for the years ended September 30, 2023 and 2022:
Unreleased shares at September 30, 2021 |  |  | 304,377 |
Shares released for allocation during the year ended September 30, 2022 |  |  | (10,427 | )
Shares purchased by ESOP trustee during the year ended September 30, 2022 |  |  | 8,423 |
Unreleased shares at September 30, 2022 |  |  | 302,373 |
Shares released for allocation during the year ended September 30, 2023 |  |  | (12,060 | )
Shares purchased by ESOP trustee during the year ended September 30, 2023 |  |  | — |
Unreleased shares at September 30, 2023 |  |  | 290,313 |
Total released shares |  |  | 182,485 |
Total ESOP shares |  |  | 472,798 |

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- Definition Tabular disclosure of the changes in outstanding nonvested restricted stock units. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(2) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480429/718-10-50-2 + Details
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