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FINANCIAL INSTRUMENTS WITH OFF-BALANCE-SHEET RISK (Tables)

12 Months Ended

Sep. 30, 2024

Financial Instruments with Off-Balance-Sheet Risk [Abstract]

Schedule of Information Regarding Derivatives

The following table presents summary information regarding these derivatives for September 30, 2024 and 2023.

		Notional Amount				Average Maturity (Years)				Weighted Average Fixed Rate				Weighted Average Variable Rate		Fair Value
		(Dollars in thousands)
September 30, 2024
Classified in Other Assets:
Customer interest rate swaps		$	34,890				3.2				4.96%			1 Mo. BSBY + 2.44		$	1,405
Total		$	34,890				3.2				4.96%					$	1,405
Classified in Other Liabilities:
3rd Party interest rate swaps		$	34,890				3.2				4.96%			1 Mo. BSBY + 2.44		$	1,405
Total		$	34,890				3.2				4.96%					$	1,405
September 30, 2023
Classified in Other Assets:
Customer interest rate swaps		$	36,020				4.2				4.96%			1 Mo. BSBY + 2.44		$	2,579
Total		$	36,020				4.2				4.96%					$	2,579
Classified in Other Liabilities:
3rd Party interest rate swaps		$	36,020				4.2				4.96%			1 Mo. BSBY + 2.44		$	2,579
Total		$	36,020				4.2				4.96%					$	2,579

Schedule of Financial Instruments with Off-Balance-Sheet Risk

At September 30, 2024 and 2023, the Company had outstanding commitments (substantially all of which expire within one year) to originate one-to four-family residential loans, construction loans, commercial real estate loans, commercial business loans and consumer loans. These commitments were comprised of fixed and variable rate loans.

		September 30,
		2024				2023
		(In thousands)
Financial instruments whose contract amounts
represent credit risk
Letters of credit		$	620			$	1,073
Unused lines of credit			88,272				89,933
Fixed rate loan commitments			1,804				3,578
Variable rate loan commitments			26,843				26,472
Total		$	117,539			$	121,056

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