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FAIR VALUE DISCLOSURES (Tables)
 9 Months Ended
Jun. 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.

 

   Fair Value on a Recurring Basis 
   Total   Level 1   Level 2   Level 3 
   (In thousands) 
June 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   14,876    
—
    14,876    
—
 
Corporate securities   6,646    
—
    6,646    
—
 
Total securities available for sale  $21,604   $
—
   $21,604   $
—
 
Derivative assets   977    
—
    977    
—
 
Total assets  $22,581   $
—
   $22,581   $
—
 
Liabilities:                    
Derivative liabilities  $977   $
—
   $977   $
—
 
Total liabilities  $977   $
—
   $977   $
—
 
   Fair Value on a Recurring Basis 
   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   $
—
 
Liabilities:                    
Derivative liabilities  $1,405   $
—
   $1,405   $
—
 
Total liabilities  $1,405   $
—
   $1,405   $
—
 
Schedule of Fair Value on a Non-Recurring Basis

The following tables provide the level of valuation assumptions used to determine the carrying value of the other real estate owned measured at fair value on a non-recurring basis at June 30, 2025 and September 30, 2024.

 

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

 

   Total   Level 1   Level 2   Level 3 
September 30, 2024  (In thousands) 
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 Non-recurring Basis

The following tables present additional quantitative information about assets measured at fair value on a non-recurring basis and for which Company has utilized Level 3 inputs to determine fair value:

 

Quantitative Information about Level 3 Fair Value Measurements
(Dollars in thousands)
                
   Fair Value   Valuation        
June 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)Appraisals may be adjusted by management for qualitative factors such as economic conditions and estimated liquidation expenses. The range and weighted average of liquidation expenses and other appraisal adjustments are presented as a percent of the appraisal.
Schedule of the Carrying Amount, Fair Value, and Placement in the Fair Value Hierarchy The following presents the carrying amount, fair value, and placement in the fair value hierarchy of the Company’s financial instruments carried at cost or amortized cost as of June 30, 2025 and September 30, 2024.
   Carrying   Fair   Fair Value Measurement Placement 
   Value   Value   (Level 1)   (Level 2)   (Level 3) 
   (In thousands) 
June 30, 2025                         
Financial instruments - assets                         
Investment securities held to maturity  $69,520   $62,591   $
—
   $62,591   $
—
 
Loan receivable net allowance for credit losses   835,932    838,336    
—
    
—
    838,336 
                          
Financial instruments - liabilities                         
Certificates of deposit including retirement certificates   180,523    179,819    
—
    179,819    
—
 
Borrowings   36,054    35,409    
—
    35,409    
—
 
                          
September 30, 2024                         
Financial instruments - assets                         
Investment securities held to maturity  $79,816   $72,617   $
—
   $72,617   $
—
 
Loan receivable net allowance for credit losses   772,614    766,822    
—
    
—
    766,822 
                          
Financial instruments - liabilities                         
Certificates of deposit including retirement certificates   159,652    159,582    
—
    159,582    
—
 
Borrowings   28,568    28,151    
—
    28,151    
—