XML 36 R25.htm IDEA: XBRL DOCUMENT v3.26.1
FAIR VALUE DISCLOSURES (Tables)
 6 Months Ended
Mar. 31, 2026
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.

 

    Total     Level 1     Level 2     Level 3  
March 31, 2026   (In thousands)  
Assets:                        
Securities available for sale:                                
Obligations of U.S. government agencies:                                
Mortgage-backed securities - residential   $ 6,027     $ —     $ 6,027     $ —  
Obligations of U.S. government-sponsored enterprises:                                
Mortgage-backed securities-residential     18,238       —       18,238       —  
Corporate securities     6,791       —       6,791       —  
Total securities available for sale   $ 31,056     $ —     $ 31,056     $ —  
Derivative assets     594       —       594       —  
Total assets   $ 31,650     $ —     $ 31,650     $ —  
Derivative liabilities   $ 594     $ —     $ 594     $ —  
Total liabilities   $ 594     $ —     $ 594     $ —  

  

    Total     Level 1     Level 2     Level 3  
September 30, 2025   (In thousands)  
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     $ —  
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 assets measured at fair value on a non-recurring basis at March 31, 2026 and September 30, 2025.

 

    Total     Level 1     Level 2     Level 3  
March 31, 2026   (In thousands)  
Individually evaluated loans   $ 1,120     $ —     $ —     $ 1,120  
Total   $ 1,120     $ —     $ —     $ 1,120  
                                 

 

    Total     Level 1     Level 2     Level 3  
September 30, 2025   (In thousands)  
Other real estate owned   $ 2,167     $ —     $ —     $ 2,167  
Total   $ 2,167     $ —     $ —     $ 2,167  
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    
March 31, 2026 Estimate Techniques Unobservable Input Range (Weighted Average)
Individually evaluated loans $ 1,120 Appraisal of
collateral		 Appraisal adjustments (2) -0.8% to -0.8% (-0.8%)

 

 

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%)
Schedule of the Carrying Amount, Fair Value, and Placement in the Fair Value Hierarchy The Company’s bank-owned life insurance is not a marketable asset and may generally only be redeemed with the insurance company and, therefore, is not included in the table below.
    Carrying     Fair     Fair Value Measurement Placement  
    Value     Value     (Level 1)     (Level 2)     (Level 3)  
    (In thousands)  
March 31, 2026                              
Financial instruments - assets                                        
Investment securities held to maturity   $ 68,105     $ 62,170     $ —     $ 62,170     $ —  
Loan receivable net allowance for credit losses     869,620       877,654       —       —       877,654  
Financial instruments - liabilities                                        
Certificates of deposit including retirement certificates     238,017       237,432       —       237,432       —  
Borrowings     49,054       48,594       —       48,594       —  
                                         
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       —