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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 12 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Operating activities    
Net income $ 7,783 $ 7,709
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation expense 890 840
Premium amortization on investment securities, net 63 137
Provision for credit losses 90 381
Originations of SBA loans held for sale (6,446) (6,494)
Proceeds from the sales of SBA loans 7,045 7,059
Gains on sale of SBA loans (599) (565)
Gains on other real estate owned (1,305)
Gains on the sale of premises and equipment (60) (9)
ESOP compensation expense 155 122
Stock-based compensation expense 646 664
Deferred income tax expense (benefit) 33 (615)
Increase in accrued interest receivable (719) (859)
Income on bank owned life insurance (433) (370)
Decrease (increase) in other assets 1,397 (795)
Increase in accrued interest payable 448 358
(Decrease) increase in accounts payable and other liabilities (2,670) 921
Net cash provided by operating activities 6,318 8,484
Investing activities    
Net increase in loans receivable (86,668) (56,258)
Purchases of loans receivable (1,000) (13,350)
Purchases of investment securities held-to-maturity (6,528) (4,587)
Purchases of investment securities available-for-sale (5,953) (1,965)
Principal repayments on investment securities held-to-maturity 12,487 10,313
Principal repayments on investment securities available-for-sale 1,293 970
Purchase of bank owned life insurance (6,550)  
Redemption of bank owned life insurance 1,672  
Purchases of premises and equipment, net (812) (309)
Proceeds from the sale of premises and equipments 776 19
Investment in other real estate owned (47)
Proceeds from the sale of other real estate owned 1,056
Purchase of Federal Home Loan Bank stock (286) (5,820)
Redemption of Federal Home Loan Bank stock 222 4,981
Net cash used in investing activities (90,291) (66,053)
Financing activities    
Net increase in deposits 41,221 87,720
Net increase in escrowed funds 816 87
Proceeds from long-term advances 3,437 18,631
Repayments of long-term advances (4,384) (4,741)
Cash dividends paid on common stock (1,679) (1,315)
Purchase of treasury stock (2,374) (1,217)
Net cash provided by financing activities 37,037 99,165
Net (decrease) increase in cash and cash equivalents (46,936) 41,596
Cash and cash equivalents, beginning of year 72,532 30,936
Cash and cash equivalents, end of year 25,596 72,532
Cash paid for    
Interest 20,148 9,977
Income taxes 2,870 3,255
Non-cash operating activities    
Real estate acquired in full satisfaction of loans in foreclosure 4,388
Adoption of ASU 2016-13 354
Change in fair value of swap asset/liability $ (1,173) $ 92