FINANCIAL INSTRUMENTS WITH OFF-BALANCE-SHEET RISK (Tables)

12 Months Ended

Sep. 30, 2022

FINANCIAL INSTRUMENTS WITH OFF-BALANCE SHEET RISK [Abstract]

Schedule of Information Regarding Derivatives

The following table presents summary information regarding these derivatives for September 30, 2022 and 2021.

	Notional Amount		Average Maturity (Years)	Weighted Average Fixed Rate	Weighted Average Variable Rate		Fair Value
	(Dollars in thousands)
September 30, 2022
Classified in Other Assets:
Customer interest rate swaps	$	19,512	5.9	3.63%	1 Mo. LIBOR + 2.50	$	(2,275)
	$	6,940	4.6	6.13%	1 Mo. BSBY + 3.00	$	(212)
Total	$	26,452	5.2	4.88%		$	(2,487)
Classified in Other Liabilities:
3rd Party interest rate swaps	$	19,512	5.9	3.63%	1 Mo. LIBOR + 2.50	$	2,275
	$	6,940	4.6	6.13%	1 Mo. BSBY + 3.00	$	212
Total	$	26,452	5.2	4.88%		$	2,487
September 30, 2021
Classified in Other Assets:
Customer interest rate swaps	$	20,111	6.9	3.61%	1 Mo. LIBOR + 2.50	$	183
Classified in Other Liabilities:
3rd Party interest rate swaps	$	20,111	6.9	3.61%	1 Mo. LIBOR + 2.50	$	(183)

Schedule of fair value, off-balance-sheet financial instruments

At September 30, 2022 and 2021, the Company had outstanding commitments (substantially all of which expire within one year) to originate one-to four-family residential loans, construction loans, commercial real estate loans, commercial business loans and consumer loans. These commitments were comprised of fixed and variable rate loans.

	September 30,
	2022		2021
		(In thousands)
Financial instruments whose contract amounts represent credit risk
Letters of credit	$	740	$	2,901
Unused lines of credit		73,825		63,798
Fixed rate loan commitments		2,550		9,156
Variable rate loan commitments		49,913		14,558
Total	$	127,028	$	90,413