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v3.23.3

BORROWINGS (Tables) | 12 Months Ended
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Sep. 30, 2023
Borrowings [Abstract] |
Schedule of Maturities of FHLBNY Advances | Long term FHLBNY advances as of September 30, 2023 mature as follows (in thousands):
Year Ending September 30, |  |  |
2024 |  | $ | 4,384 |
2025 |  |  | 3,500 |
2026 |  |  | 1,631 |
2027 |  |  | 6,000 |
2028 |  |  | 14,000 |
Thereafter |  |  | — |
Total |  | $ | 29,515 |
Schedule of Short-Term Arrangements with the FHLBNY | Information concerning short-term arrangement with the FHLBNY is summarized as follows:
|  | September 30, |
|  | 2023 |  |  | 2022 |
|  | (Dollars in thousands) |
Balance at end of year |  | $ | — |  |  | $ | — |
Weighted average balance during the year |  | $ | 1,283 |  |  | $ | 33 |
Maximum month-end balance during the year |  | $ | 16,450 |  |  | $ | 2,450 |
Average interest rate during the year |  |  | 4.65% |  |  |  | 2.67% |

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