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INVESTMENT SECURITIES (Tables)
 6 Months Ended
Mar. 31, 2024
Investment Securities [Abstract]  
Schedule of Amortized Cost and Fair Values of Securities Held to Maturity The following table summarizes the amortized cost and fair values of securities classified as available-for-sale and held-to-maturity at March 31, 2024:
     
       Gross   Gross     
   Amortized   Unrealized   Unrealized   Fair 
March 31, 2024  Cost   Gains   Losses   Value 
   (In thousands) 
Securities available-for-sale:                    
Obligations of U.S. government agencies:                    
Mortgage-backed securities - residential  $100   $
—
   $(10)  $90 
Obligations of U.S. government-sponsored enterprises:                    
Mortgage-backed securities-residential   13,277    18    (1,472)   11,823 
Total securities available-for-sale  $13,377   $18   $(1,482)  $11,913 
Securities held-to-maturity:                    
Obligations of U.S. government agencies:                    
Mortgage-backed securities - residential  $4,887   $
—
   $(728)  $4,159 
Mortgage-backed securities - commercial   4,425    
—
    (35)   4,390 
Obligations of U.S. government-sponsored enterprises:                    
Mortgage-backed-securities - residential   46,471    
—
    (6,605)   39,866 
Debt securities   20,999    —    (1,369)   19,630 
Private label mortgage-backed securities - residential   199    
—
    (10)   189 
Obligations of state and political subdivisions   3,457    2    (392)   3,067 
Corporate securities   3,000    
—
    (197)   2,803 
Total securities held-to-maturity  $83,438   $2   $(9,336)  $74,104 
Total investment securities  $96,815   $20   $(10,818)  $86,017 
The following table summarizes the amortized cost of held-to-maturity debt securities at March 31, 2024, aggregated by credit quality indicator:
   Credit Rating at Amortized Cost 
   AAA/AA/A   BBB/BB/B   Non-rated 
March 31, 2024   (In thousands) 
Securities held-to-maturity:               
Obligations of U.S. government agencies:               
Mortgage-backed securities - residential  $4,887   $
—
   $
—
 
Mortgage-backed securities - commercial   4,425    
—
    
—
 
Obligations of U.S. government-sponsored enterprises:               
Mortgage backed securities - residential   46,471    
—
    
—
 
Debt securities   20,999    
—
    
—
 
Private label mortgage-backed securities - residential   
—
    
—
    199 
Obligations of state and political subdivisions   3,457    
—
    
—
 
Corporate securities   
—
    3,000    
—
 
Totals  $80,239   $3,000   $199 
The following table summarizes the amortized cost and fair values of securities classified as available-for-sale and held-to-maturity at September 30, 2023:
       Gross   Gross     
   Amortized   Unrealized   Unrealized   Fair 
September 30, 2023  Cost   Gains   Losses   Value 
   (In thousands) 
Securities available-for-sale:                    
Obligations of U.S. government agencies:                    
Mortgage backed securities - residential  $106   $
—
   $(14)  $92 
Obligations of U.S. government-sponsored enterprises:                    
Mortgage-backed securities-residential   11,984    
—
    (1,951)   10,033 
Total securities available for sale  $12,090   $
—
   $(1,965)  $10,125 
Securities held-to-maturity:                    
Obligations of U.S. government agencies:                    
Mortgage-backed securities - residential  $5,070   $
—
   $(850)  $4,220 
Mortgage-backed securities - commercial   2,509    
—
    (16)   2,493 
Obligations of U.S. government-sponsored enterprises:                    
Mortgage backed securities - residential   48,086    
—
    (8,480)   39,606 
Debt securities   23,497    
—
    (1,947)   21,550 
Private label mortgage-backed securities - residential   207    
—
    (12)   195 
Obligations of state and political subdivisions   3,466    
—
    (605)   2,861 
Corporate securities   3,000    
—
    (197)   2,803 
Total securities held to maturity  $85,835   $
—
   $(12,107)  $73,728 
Total investment securities  $97,925   $
—
   $(14,072)  $83,853 
Schedule of Maturities Debt Securities and Mortgage Backed Securities Held to Maturity The contractual maturities of debt securities, municipal bonds and certain information regarding mortgage-backed securities at March 31, 2024 are summarized in the following table:
   March 31, 2024 
   Amortized   Fair 
   Cost   Value 
   (In thousands) 
Due within 1 year  $6,499   $6,335 
Due after 1 but within 5 years   16,027    14,952 
Due after 5 but within 10 years   4,930    4,213 
Due after 10 years   
—
    
—
 
Total debt securities   27,456    25,500 
           
Mortgage backed securities:          
Residential   64,934    56,127 
Commercial   4,425    4,390 
Total  $96,815   $86,017