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Consolidated Statements of Income - USD ($)
$ in Thousands
 12 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Interest and dividend income    
Loans, including fees $ 43,106 $ 35,229
Investment securities and interest earning deposits    
Taxable 5,187 2,642
Tax-exempt 58 58
Federal Home Loan Bank of New York stock 220 139
Total interest and dividend income 48,571 38,068
Interest expense    
Deposits 19,725 9,488
Borrowings 872 846
Total interest expense 20,597 10,334
Net interest and dividend income 27,974 27,734
Provision for credit losses-loans 182 381
Recovery of credit losses-unfunded commitments (92)
Total provision for credit losses 90 381
provision for credit losses 27,884 27,353
Other income    
Service charges 1,135 1,592
Income on bank owned life insurance 433 370
Interest rate swap fees 57
Other operating income 81 89
Gains on premises and equipment 60 9
Gains on SBA loans 599 565
Gains on OREO 1,305
Total other income 3,613 2,682
Other expenses    
Compensation and employee benefits 11,823 11,134
Occupancy expenses 3,275 3,187
Professional fees 794 755
Director fees and benefits 789 784
Data processing expenses 542 579
Marketing and business development 402 366
FDIC deposit insurance premiums 421 340
Other expenses 2,351 2,149
Total other expenses 20,397 19,294
Income before income tax expense 11,100 10,741
Income tax expense 3,317 3,032
Net income $ 7,783 $ 7,709
Earnings per share - basic (in Dollars per share) $ 1.23 $ 1.2
Earnings per share - diluted (in Dollars per share) $ 1.23 $ 1.2
Weighted average shares outstanding - basic (in Shares) 6,341,610 6,424,796
Weighted average shares outstanding - diluted (in Shares) 6,341,610 6,424,796