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Consolidated Statements of Income (Unaudited) - USD ($)
$ in Thousands
 3 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Interest and dividend income    
Loans, including fees $ 11,864 $ 10,082
Investment securities and interest earning deposits    
Taxable 973 1,406
Tax-exempt 14 14
Federal Home Loan Bank of New York stock 55 55
Total interest and dividend income 12,906 11,557
Interest expense    
Deposits 5,254 4,077
Borrowings 208 236
Total interest expense 5,462 4,313
Net interest and dividend income 7,444 7,244
Provision for credit losses-loans 209 384
(Recovery) provision for credit losses-unfunded commitments (108) 97
Total provision for credit losses 101 481
Net interest and dividend income after provision for credit losses 7,343 6,763
Other income    
Service charges 321 303
Income on bank owned life insurance 167 95
Other operating income 8 22
Gains on premises and equipment 60
Gains on SBA loans 236 129
Net gains on OREO 224
Total other income 956 609
Other expenses    
Compensation and employee benefits 3,081 2,847
Occupancy expenses 991 790
Professional fees 199 226
Data processing expenses 91 140
Director fees and benefits 201 224
Marketing and business development 127 97
FDIC deposit insurance premiums 107 103
Other expenses 612 593
Total other expenses 5,409 5,020
Income before income tax expense 2,890 2,352
Income tax expense 805 700
Net income $ 2,085 $ 1,652
Earnings per share - basic (in Dollars per share) $ 0.34 $ 0.26
Earnings per share - diluted (in Dollars per share) $ 0.34 $ 0.26
Weighted average shares outstanding - basic (in Shares) 6,232,069 6,387,010
Weighted average shares outstanding - diluted (in Shares) 6,232,069 6,387,010