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STOCK-BASED COMPENSATION AND STOCK REPURCHASE PROGRAM (Tables)
12 Months Ended
Sep. 30, 2024
Stock-Based Compensation and Stock Repurchase Program [Abstract]  
Schedule of Stock Option Activity The following is a summary of the status of the Company’s stock option activity and related information for the year ended September 30, 2024:
   Shares   Weighted
Average
Exercise Price
   Weighted
Average
Remaining
Contractual Life
in Years
   Aggregate
Intrinsic
Value
 
                 
Balance at September 30, 2023   293,200   $12.58    8.98   $
 
Granted   
    
        
 
Exercised   
    
        
 
Forfeited   
    
        
 
Expired   
    
        
 
Balance at September 30, 2024   293,200   $12.58    7.98   $
 
                     
Exercisable at September 30, 2024   117,280   $12.58    7.98   $
 
Schedule of Non-vested Restricted Shares The following is a summary of the status and changes of the Company’s non-vested restricted shares as of September 30, 2024 and during the year then ended:
   Shares   Weighted
Average Grant
Date Fair Value
 
Balance at September 30, 2023   124,320   $12.63 
Granted   
    
 
Vested   (31,080)   12.63 
Forfeited   
    
 
Balance at September 30, 2024   93,240   $12.63 
Schedule of Components of the ESOP Shares The following table presents the components of the ESOP shares for the years ended September 30, 2024 and 2023:
Unreleased shares at September 30, 2022   302,373 
Shares released for allocation during the year ended September 30, 2023   (12,060)
Unreleased shares at September 30, 2023   290,313 
Shares released for allocation during the year ended September 30, 2024   (12,150)
Unreleased shares at September 30, 2024   278,163 
Total released shares   186,940 
Total ESOP shares   465,103