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Consolidated Statements of Income (Unaudited) - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Mar. 31, 2024
Mar. 31, 2023
Interest and dividend income        
Loans, including fees $ 10,540 $ 8,618 $ 20,622 $ 16,577
Investment securities        
Taxable 1,310 512 2,716 1,015
Tax-exempt 14 14 29 29
Federal Home Loan Bank of New York stock 56 30 111 55
Total interest and dividend income 11,920 9,174 23,478 17,676
Interest expense        
Deposits 4,775 2,009 8,853 3,483
Borrowings 222 219 457 355
Total interest expense 4,997 2,228 9,310 3,838
Net interest and dividend income 6,923 6,946 14,168 13,838
Provision for credit losses-loans (74) 195 407 513
Provision for credit losses-unfunded commitments 88 88  
Total provision for credit losses 14 195 495 513
Net interest and dividend income after provision for credit losses 6,909 6,751 13,673 13,325
Other income        
Service charges 294 320 597 565
Gains on sales of SBA loans 213 201 342 381
Income on bank owned life insurance 91 90 186 185
Interest rate swap fees     57
Gains on sales of premises and equipment   60
Other operating income 24 20 46 41
Total other income 622 631 1,231 1,229
Other expenses        
Compensation and employee benefits 3,008 2,774 5,855 5,396
Occupancy expenses 803 792 1,593 1,553
Professional fees 178 205 404 384
Data processing expenses 147 149 287 295
Director fees and benefits 207 209 431 410
Marketing and business development 98 117 195 243
FDIC deposit insurance premiums 105 94 209 148
Other expenses 562 456 1,156 950
Total other expenses 5,108 4,796 10,130 9,379
Income before income tax expense 2,423 2,586 4,774 5,175
Income tax expense 526 790 1,225 1,569
Net income $ 1,897 $ 1,796 $ 3,549 $ 3,606
Earnings per share - basic (in Dollars per share) $ 0.3 $ 0.28 $ 0.56 $ 0.56
Earnings per share - diluted (in Dollars per share) $ 0.3 $ 0.28 $ 0.56 $ 0.56
Weighted average shares outstanding - basic (in Shares) 6,372,034 6,431,471 6,360,801 6,431,109
Weighted average shares outstanding - diluted (in Shares) 6,372,034 6,432,052 6,360,801 6,432,742