REGULATORY CAPITAL (Details) |
12 Months Ended |
---|---|
Sep. 30, 2023 | |
Regulatory Capital [Abstract] | |
Risk-weighted assets ratio | 4.50% |
Capital to risk weighted assets | 6.00% |
Minimum leverage ratio | 4.00% |
Total capital to risk-weighted assets | 8.00% |
Capital ratio Descrpition | The regulatory banking rules also require a “capital conservation buffer” of 2.5% above the new regulatory minimum capital ratios, and resulted in the following minimum ratios: (i) a common equity Tier 1 capital ratio of 7.0%; (ii) a Tier 1 capital ratio of 8.5%; and (iii) a total capital ratio of 10.5%. An institution will be subject to limitations on paying dividends, engaging in share repurchases, and paying discretionary bonuses if its capital level falls below the buffer amount. These limitations established a maximum percentage of eligible retained income that could be utilized for such actions. |