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Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Jun. 30, 2015
Jun. 30, 2014
Interest and dividend income:        
Interest and fees on loans $ 5,304 $ 5,589 $ 16,275 $ 16,830
Interest on investments 317 381 998 1,097
Total interest and dividend income 5,621 5,970 17,273 17,927
Interest expense:        
Interest on deposits 947 878 2,845 2,705
Interest on borrowed funds 148 168 476 486
Total interest expense 1,095 1,046 3,321 3,191
Net interest income before provision for loan losses 4,526 4,924 13,952 14,736
Provision for loan losses 150 455 535 1,535
Net interest income after provision for loan losses 4,376 4,469 13,417 13,201
Non-interest income:        
Total fair value adjustments and other-than-temporary impairment 0 0 0 (78)
Net gains (losses) on sale of available for sale securities 13 (7) 60 (149)
Net gains (losses) on available for sale securities 13 (7) 60 (227)
Service charges on deposit accounts 423 494 1,273 1,497
Loan fees and service charges 276 223 923 577
Other 219 211 633 582
Total non-interest income 931 921 2,889 2,429
Non-interest expense:        
Salaries and related benefits 2,195 2,435 6,548 7,079
Occupancy 589 611 2,073 1,881
Office 317 442 825 1,102
Data processing 393 380 1,177 1,125
Amortization of core deposit intangible 15 14 43 43
Advertising, marketing and public relations 126 95 410 239
FDIC premium assessment 98 104 306 313
Professional services 251 (155) 840 276
Other 374 572 1,049 1,700
Total non-interest expense 4,358 4,498 13,271 13,758
Income (loss) before provision for income tax 949 892 3,035 1,872
Provision (benefit) for income taxes 337 334 1,112 690
Net income attributable to common stockholders $ 612 $ 558 $ 1,923 $ 1,182
Per share information:        
Basic earnings (in dollars per share) $ 0.12 $ 0.11 $ 0.37 $ 0.23
Diluted earnings (in dollars per share) 0.12 0.11 0.37 0.23
Cash dividends paid (in dollars per share) $ 0 $ 0 $ 0.08 $ 0.04