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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
 12 Months Ended
Sep. 30, 2023
Summary of Significant Accounting Policies [Abstract]  
Schedule of Earnings Per Share The following tables illustrate the reconciliation of the numerators and denominators of the basic and diluted earnings per share (“EPS”) calculations.
   Years Ended 
   September 30, 
   2023   2022 
   (Dollars in thousands, except
share and per share data)		 
         
Income applicable to common shares  $7,709   $7,919 
           
Weighted average shares outstanding - basic   6,424,796    6,781,659 
Potential diliutive common stock equivalents   
—
    
—
 
           
Weighted average shares outstanding - diluted   6,424,796    6,781,659 
Earnings per share - basic  $1.20   $1.17 
Earnings per share - diluted  $1.20   $1.17 
Schedule of Comprehensive Income (Loss) Comprehensive income (loss) includes net income as well as certain other items which result in a change to equity during the period. The other items allocated to comprehensive income (loss), as well as the related income tax effects, for the years ended September 30, 2023 and 2022 were as follows:
   September 30, 
   2023   2022 
       Tax   Net of       Tax   Net of 
   Before Tax   (Benefit)   Tax   Before Tax   (Benefit)   Tax 
   Amount   Expense   Amount   Amount   Expense   Amount 
   (In thousands) 
Unrealized holding gain (loss) arising during period on:                        
Available-for-sale investments  $(47)  $12   $(35)  $(1,744)  $429   $(1,315)
Defined benefit pension plan   394    (122)   272    65    (22)   43 
Total unrealized holding gain (loss) arising during period   347    (110)   237    (1,679)   407    (1,272)
Reclassification of pension costs   122    (34)   88    146    (41)   105 
Other comprehensive income (loss), net  $469   $(144)  $325   $(1,533)  $366   $(1,167)

 
Schedule of Accumulated Other Comprehensive Income (Loss) Details about the reclassification of accumulated other comprehensive income (loss) components and the affected line item in the Consolidated Statement of Income for the years ended September 30, 2023 and 2022 were as follows:
   Amount Reclassified From
Accumulated Other Comprehensive
Loss For the Year Ended September 30,		   Affected Line Item in the
Consolidated Statement of Income
   2023   2022    
   (In thousands)    
Defined benefit pension plan (1)             
Amortization of net gain (loss) and prior service costs  $122   $146   Compensation and employee benefits
Related income tax expense   (34)   (41)  Income taxes
Net effect on accumulated other comprehensive loss   88    105    
Total reclassification  $88   $105    

 

(1) For additional details related to the defined benefit pension plan see Note L - Pension Plan  
Schedule of Components of Accumulated Other Comprehensive Loss The components of accumulated other comprehensive loss at September 30, 2023 and 2022 were as follows:
   September 30, 
   2023   2022 
   (In thousands) 
         
Available-for-sale investments, net of tax  $(1,481)  $(1,446)
Defined benefit pension plan, net of tax   (308)   (668)
Total accumulated other comprehensive loss  $(1,789)  $(2,114)
           

 

(a) Related income tax benefit calculated using an income tax rate approximating 25% for available-for-sale investments and 28% for pension plan.