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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
 3 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Operating activities    
Net income $ 2,085 $ 1,652
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation expense 240 217
Premium amortization on investment securities, net 3 20
Provision for credit losses 101 481
Provision for loss on other real estate owned 57
Originations of SBA loans held for sale (2,423) (1,613)
Proceeds from the sales of SBA loans 2,659 1,741
Gains on sale of SBA loans (236) (129)
Gains on the sales of other real estate owned (281)
Gains on the sale of premises and equipment (60)
ESOP compensation expense 43 50
Stock-based compensation expense 161 161
Deferred income tax expense 162 221
Increase in accrued interest receivable (171) (248)
Income on bank owned life insurance (167) (95)
Decrease in other assets 39 733
(Decrease) increase in accrued interest payable (102) 213
Increase (decrease) in accounts payable and other liabilities 738 (120)
Net cash provided by operating activities 2,908 3,224
Investing activities    
Net increase in loans receivable (25,115) (31,934)
Purchases of investment securities held-to-maturity (2,446) (2,000)
Purchases of investment securities available-for-sale (2,430) (1,953)
Principal repayments on investment securities held-to-maturity 1,613 3,487
Principal repayments on investment securities available-for-sale 465 384
Redemption of bank owned life insurance 3,245
Purchases of premises and equipment, net (375) (128)
Proceeds from the sale of premises and land 776
Proceeds from the sale of other real estate owned 1,412
Purchase of Federal Home Loan Bank stock (84) (76)
Redemption of Federal Home Loan Bank stock 108
Net cash used in investing activities (23,715) (31,336)
Financing activities    
Net increase in deposits 52,158 8,095
Net increase in escrowed funds 711 229
Proceeds from long-term advances 1,856 1,690
Repayments of long-term advances (2,409)
Proceeds from exercise of stock options 24
Dividends paid on common stock (569) (716)
Purchase of treasury stock (437) (192)
Net cash provided by financing activities 53,743 6,697
Net increase (decrease) in cash and cash equivalents 32,936 (21,415)
Cash and cash equivalents, beginning of period 25,596 72,532
Cash and cash equivalents, end of period 58,532 51,117
Supplemental disclosures of cash flow information    
Interest 5,564 4,100
Adoption of ASU 2016-13 354
Change in fair value of swap asset/liability $ 105 $ (618)