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Consolidated Statements of Income (Unaudited) - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Mar. 31, 2023
Mar. 31, 2022
Interest and dividend income        
Loans, including fees $ 8,618 $ 6,543 $ 16,577 $ 13,263
Investment securities        
Taxable 512 334 1,015 594
Tax-exempt 14 8 29 16
Federal Home Loan Bank of New York stock 30 18 55 39
Total interest and dividend income 9,174 6,903 17,676 13,912
Interest expense        
Deposits 2,009 415 3,483 867
Borrowings 219 111 355 230
Total interest expense 2,228 526 3,838 1,097
Net interest and dividend income 6,946 6,377 13,838 12,815
Provision for loan losses 195 71 513 171
Net interest and dividend income after provision for loan losses 6,751 6,306 13,325 12,644
Other income        
Service charges 320 319 565 575
Income on bank owned life insurance 90 93 185 181
Interest rate swap fees 57
Other operating income 20 21 41 46
Gains on sales of loans 201 139 381 420
Total other income 631 572 1,229 1,222
Other expenses        
Compensation and employee benefits 2,983 2,694 5,806 5,395
Occupancy expenses 792 765 1,552 1,505
Professional fees 205 270 384 658
Data processing expenses 149 139 295 273
Marketing and business development 117 84 243 209
OREO expenses 8 14 25 48
FDIC deposit insurance premiums 94 49 148 106
Loan servicing expenses 40 38 71 83
Other expenses 408 456 855 853
Total other expenses 4,796 4,509 9,379 9,130
Income before income tax expense 2,586 2,369 5,175 4,736
Income tax expense 790 690 1,569 1,364
Net income $ 1,796 $ 1,679 $ 3,606 $ 3,372
Earnings per share - basic (in Dollars per share) $ 0.28 $ 0.25 $ 0.56 $ 0.5
Earnings per share - diluted (in Dollars per share) $ 0.28 $ 0.25 $ 0.56 $ 0.5
Weighted average shares outstanding - basic (in Shares) 6,431,471 6,796,566 6,431,109 6,796,598
Weighted average shares outstanding - diluted (in Shares) 6,432,052 6,796,566 6,432,742 6,796,598