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FAIR VALUE DISCLOSURES (Tables)
 3 Months Ended
Dec. 31, 2015
FAIR VALUE DISCLOSURES [Abstract]  
Schedule of assets measured at fair value on a recurring basis
    Fair Value at December 31, 2015  
    Total     Level 1     Level 2     Level 3  
    (Dollars in thousands)  
Securities available for sale:                                
Obligations of U.S. government-sponsored enterprises:                                
Mortgage-backed securities-residential   $ 9,970     $ —     $ 9,970     $ —  
Private label mortgage-backed securities-residential     135       —       135       —  
            Total securities available for sale   $ 10,105     $ —     $ 10,105     $ —  

 

    Fair Value at September 30, 2015  
    Total     Level 1     Level 2     Level 3  
    (Dollars in thousands)  
Securities available for sale:                                
Obligations of U.S. government-sponsored enterprises:                                
Mortgage-backed securities-residential   $ 5,914     $ —     $ 5,914     $  —  
Private label mortgage-backed securities-residential     150       —       150       —  
            Total securities available for sale   $ 6,064     $ —     $ 6,064     $ —  
Schedule of assets measured at fair value on a non-recurring basis
    Fair Value at December 31, 2015  
    Total     Level 1     Level 2     Level 3  
    (Dollars in thousands)  
                         
Impaired loans   $ 1,378     $ —     $ —     $ 1,378  
Other real estate owned     15,680       —       —       15,680  
    $ 17,058     $ —     $ —     $ 17,058  

 

    Fair Value at September 30, 2015  
    Total     Level 1     Level 2     Level 3  
    (Dollars in thousands)  
                         
Impaired loans   $ 1,489     $ —     $ —     $ 1,489  
Other real estate owned     16,192       —       —       16,192  
    $ 17,681     $ —     $ —     $ 17,681  
Schedule of quantitative information about assets measured at fair value on a nonrecurring bassis for which Level 3 inputs were used to determine fair value
Quantitative Information about Level 3 Fair Value Measurements
(Dollars in thousands)
                   
    Fair Value     Valuation        
December 31, 2015   Estimate     Techniques   Unobservable Input   Range (Weighted Average)
                     
Impaired loans   $ 1,378     Appraisal of
collateral (1)		   Appraisal adjustments (2)   -7.0% to -13.0% (-2.4%)
Other real estate owned   $ 15,680     Appraisal of
collateral (1)		   Liquidation expenses (2)   -3.9% to -34.0% (-8.6%)

 

    Fair Value     Valuation        
September 30, 2015   Estimate     Techniques   Unobservable Input   Range (Weighted Average)
                   
Impaired loans   $ 1,489     Appraisal of
collateral (1)		   Appraisal adjustments (2)   -16.0% to -40.0% (-8.0%)
Other real estate owned   $ 16,192     Appraisal of
collateral (1)		   Liquidation expenses (2)   0.0% to -41.2% (-15.1%)

 

(1) Fair value is generally determined through independent appraisals for the underlying collateral, which generally include various level 3 inputs which are not identifiable.
(2) 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 of financial instruments carried at cost or amortized cost
    Carrying     Fair     Fair Value Measurement Placement  
    Value     Value     (Level 1)     (Level 2)     (Level 3)  
    (Dollars in thousands)  
December 31, 2015                                        
Financial instruments - assets                                        
Investment securities held to maturity   $ 55,036     $ 54,711     $ —     $ 54,711     $ —  
Loans     416,458       420,077       —       —       420,077  
                                         
Financial instruments - liabilities                                        
Certificates of deposit including retirement certificates     143,859       145,053       —       145,053       —  
Borrowings     31,594       31,914       —       31,914       —  
                                         
September 30, 2015                                        
Financial instruments - assets                                        
Investment securities held to maturity   $ 52,614     $ 53,248     $  —     $ 53,248     $ —  
Loans     420,596       425,890       —       —       425,890  
                                         
Financial instruments - liabilities                                        
Certificates of deposit including retirement certificates     143,108       144,150       —       144,150       —  
Borrowings     31,594       32,231       —       32,231       —