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FAIR VALUE DISCLOSURES (Tables)
 12 Months Ended
Sep. 30, 2025
Fair Value Disclosures [Abstract]  
Schedule of Assets Measured At Fair Value on a Recurring Basis

The following tables provide the level of valuation assumptions used to determine the carrying value of the Company’s assets measured at fair value on a recurring basis at September 30, 2025 and 2024:

 

   Total   Level 1   Level 2   Level 3 
   (In thousands) 
September 30, 2025    
Assets:                
Securities available for sale:                
Obligations of U.S. government agencies:                
Mortgage-backed securities - residential  $82   $-   $82   $- 
Obligations of U.S. government-sponsored enterprises:                    
Mortgage-backed securities-residential   14,313    -    14,313    - 
Corporate securities   6,787    -    6,787    - 
Total securities available for sale  $21,182   $-   $21,182   $- 
Derivative assets   911    -    911    - 
Total assets  $22,093   $-   $22,093   $- 
Derivative liabilities  $911   $-   $911   $- 
Total liabilities  $911   $-   $911   $- 

 

   Total   Level 1   Level 2   Level 3 
   (In thousands) 
September 30, 2024    
Assets:                
Securities available for sale:                
Obligations of U.S. government agencies:                
Mortgage-backed securities - residential  $89   $-   $89   $- 
Obligations of U.S. government-sponsored enterprises:                    
Mortgage-backed securities-residential   11,506    -    11,506    - 
Corporate securities   4,021    -    4,021    - 
Total securities available for sale  $15,616   $-   $15,616   $- 
Derivative assets   1,405    -    1,405    - 
Total assets  $17,021   $-   $17,021   $- 
Derivative liabilities  $1,405   $-   $1,405   $- 
Total Liabilities  $1,405   $-   $1,405   $- 
Schedule of Fair Value on a Non-Recurring Basis

The following table provides the level of valuation assumptions used to determine the carrying value of the Company’s assets measured at fair value on a non-recurring basis at September 30, 2025 and 2024:

 

   Total   Level 1   Level 2   Level 3 
   (In thousands) 
September 30, 2025    
Other real estate owned  $2,167   $-   $-   $2,167 
Total  $2,167   $-   $-   $2,167 

 

    Total    Level 1    Level 2    Level 3 
    (In thousands) 
September 30, 2024     
Other real estate owned  $1,501   $-   $-   $1,501 
Total  $1,501   $-   $-   $1,501 
Schedule of Quantitative Information about Assets Measured At Fair Value on a Nonrecurring Basis

The following tables present additional quantitative information about assets measured at fair value on a nonrecurring basis and for which Company has utilized Level 3 inputs to determine fair value at September 30, 2025 and 2024:

 

Quantitative Information about Level 3 Fair Value Measurements
(Dollars in thousands)
   Fair
Value		   Valuation      
September 30, 2025  Estimate   Techniques  Unobservable
Input		  Range
(Weighted Average)
Other real estate owned  $2,167   Appraisal  Liquidation expenses (1)  -1.5% to -1.5% (-1.5%)

 

Quantitative Information about Level 3 Fair Value Measurements
(Dollars in thousands)
    Fair
Value		   Valuation      
September 30, 2024   Estimate   Techniques  Unobservable
Input		  Range
(Weighted Average)
Other real estate owned  $1,501   Appraisal  Liquidation expenses (1)  -13.0% to -19.6% (-14.6%)

 

(1)Fair value is generally determined through independent appraisals for the underlying collateral, which generally include various level 3 inputs which are not identifiable.
Schedule of the Financial Instruments The Company’s bank-owned life insurance is not a marketable asset and may generally only be redeemed with the insurance company and is therefore not included in the table below.
   Carrying   Fair   Fair Value Measurement Placement 
   Value   Value   (Level 1)   (Level 2)   (Level 3) 
   (In thousands) 
September 30, 2025                    
Financial instruments - assets                    
Investment securities held to maturity  $67,266   $61,160   $-   $61,160   $- 
Loan receivable net allowance for credit losses   849,003    855,377    -    -    855,377 
Financial instruments - liabilities                         
Certificates of deposit including retirement certificates   209,948    210,168    -    210,168    - 
Borrowings   49,054    48,576    -    48,576    - 
                          
September 30, 2024                         
Financial instruments - assets                         
Investment securities held-to-maturity  $79,816   $72,617   $-   $72,617   $- 
Loan receivable net allowance for credit losses   7,72,614    7,66,822    -    -    766,822 
Financial instruments - liabilities                         
Certificates of deposit including retirement certificates   159,652    159,582    -    159,582    - 
Borrowings   28,568    28,151    -    28,151    -