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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
 6 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Operating activities    
Net income $ 3,549 $ 3,606
Adjustments to reconcile net income to net cash provided byoperating activities:    
Depreciation expense 440 415
Premium amortization on investment securities, net 35 80
Provision for credit losses 495 513
Originations of SBA loans held for sale (3,771) (3,887)
Proceeds from the sales of SBA loans 4,113 4,268
Gains on sale of SBA loans (342) (381)
Gains on the sale of premises and equipment (60)
ESOP compensation expense 84 74
Stock-based compensation expense 323 341
Deferred income tax expense (benefit) 103 (357)
Increase in accrued interest receivable (415) (491)
Income on bank owned life insurance (186) (185)
Decrease (increase) in other assets 825 (227)
Increase in accrued interest payable 246 151
(Decrease) increase in accounts payable and other liabilities (1,662) 290
Net cash provided by operating activities 3,777 4,210
Investing activities    
Net increase in loans receivable (45,931) (40,845)
Purchases of loans receivable (7,091)
Purchases of investment securities held-to-maturity (4,000)
Purchases of investment securities available-for-sale (1,953)
Principal repayments on investment securities held-to-maturity 6,367 1,878
Principal repayments on investment securities available-for-sale 660 421
Purchases of premises and equipment, net (253) (140)
Proceeds from the sale of land 776
Investment in other real estate owned (11)
Purchase of Federal Home Loan Bank stock (120) (4,569)
Redemption of Federal Home Loan Bank stock 133 4,080
Net cash used in investing activities (44,321) (46,277)
Financing activities    
Net increase in deposits 19,435 30,158
Net increase (decrease) in escrowed funds 1,127 (1,857)
Proceeds from long-term advances 1,690 13,000
Repayments of long-term advances (2,409) (3,091)
Cash dividends paid on common stock (1,042) (923)
Purchase of treasury stock (800) (724)
Net cash provided by financing activities 18,001 36,563
Net decrease in cash and cash equivalents (22,543) (5,504)
Cash and cash equivalents, beginning of period 72,532 30,936
Cash and cash equivalents, end of period 49,989 25,432
Supplemental disclosures of cash flow information    
Interest 9,064 3,687
Income taxes 1,570 1,850
Real estate acquired in full satisfaction of loans in foreclosure 842
Adoption of ASU 2016-13 $ 354